Here are five news worth watching in the cryptocurrency market over the past weekend:
1. The asset management scale of the Ethereum ETF launched by BlackRock has exceeded the $1 billion mark. This milestone event shows that the market demand for Ethereum is very strong, and it also promotes the further integration of cryptocurrencies with the mainstream financial system.
2. According to the plan, Celestia will unlock $1 billion worth of tokens in October, which may have an impact on market supply and may cause price fluctuations.
3. Solana, Base and Sui's trading volume has increased. The increase in trading activity on decentralized trading platforms (DEX) and the resurgence of meme coin sales show strong demand for the platform.
4. CryptoQuant expressed its position in support of smart regulation, but the cryptocurrency community is worried that excessive regulation may interfere with the innovation process and the essence of decentralization.
5. FTX plans to distribute $230 million, which comes from government-confiscated assets, to shareholders. This decision has sparked disputes between shareholders and creditors. $BTC $ETH $FTT