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Ethereum Spot ETF Progress
Milestone moment for Ethereum spot ETF! SEC staged a shocking reversal, still needs time to approve the issuer's plan
A week ago, if you thought these ETFs would get approved by the SEC, you were a little crazy. Now, crazy things are happening. This is an unprecedented situation, which means it is completely political.
Ethereum spot ETF welcomes new progress: the issuer deletes the pledge content for compliance, and the imbalance between ETH supply and demand may open an upward channel
The months-long Ethereum FUD boosted market confidence with a big positive line. For two consecutive days, the approval rate of Ethereum spot ETFs was greatly improved due to multiple sudden developments, and the price of Ethereum soared, and market expectations were generally optimistic.
SEC "changes face", Ethereum spot ETF approval may only be a matter of time
The growing politicization of cryptocurrency in a U.S. election year was the driving factor behind the SEC’s sudden shift.
Key process 19b-4 approved! US Ethereum spot ETF is about to be listed
Although it has not yet been officially listed, it is just one step away. The Ethereum spot ETF has taken a big step forward and injected a new shot in the arm to the long-dormant market.
180° reversal! Spot ETF approval is possible, ETH surges 18%
Bloomberg ETF analysts wrote that based on the fact that crypto investment tools are becoming an "increasingly politicized issue," the probability of the SEC approving the spot Ethereum ETF 19b-4 has increased from 25% to 75%.
Interpreting the US Democratic Party’s crypto policy shift: Voting to overturn SAB 121 releases a positive signal for Ethereum ETF
In the early hours of this morning, the SEC's attitude towards the ETH spot ETF reversed dramatically. Prior to this, the Democratic Party's attitude towards cryptocurrencies had quietly changed. On May 16, some Democratic members of the U.S. Senate joined forces with Republican members to vote to repeal the SAB 121 bill.
Ethereum spot ETF may be officially listed in June. How great is Grayscale’s potential selling pressure?
After the Ethereum spot ETF successfully passed the test, the price of ETH fell after a brief rise. At the same time, the potential selling pressure of Grayscale, which owns millions of ETH, also caused market concerns. However, judging from the outflow of funds from GBTC, its selling pressure has been absorbed by other Bitcoin ETFs and has not had much impact on the price of Bitcoin.
For more relevant content, please check out the timeline special topic: "Shocking Reversal! Full Record of Ethereum Spot ETF Approval"
Macro perspective
Bitcoin Archives | A mysterious 16-year-old Chinese boy who bought Bitcoin in 2010 founded the Bitcoinica exchange and had 102,000 BTC stolen
In 2010, a 16-year-old Chinese teenager named Zhou Tong bought Bitcoin for $10. Later, this self-taught programmer genius established the first cryptocurrency margin exchange Bitcoinica in just 4 days. However, due to three consecutive hacker attacks, Bitcoinica eventually lost 101,554 BTC.
10,000 BTC worth only $25? The story of Bitcoin pizza
On May 18, 2010, programmer Laszlo posted a message saying that he hoped to exchange 10,000 bitcoins for two large pizzas. Three days later, cryptography enthusiast jercos spent $25 to buy two pizzas and sent them to Laszlo, and received 10,000 bitcoins.
Smoothly pass 519, review the major tragedies in the cryptocurrency circle over the years
Those who have experienced the Mentougou, 94, 312, 519, and LUNA/FTX crises are definitely old hands in the cryptocurrency circle.
Pulling votes from the crypto community! Trump accepts donations in 8 tokens, Biden is hiring a Meme manager
Five years ago in 2019, then-US President Trump tweeted that he "does not like Bitcoin and other cryptocurrencies because they are not currencies, their value is highly volatile and they have no real basis." Five years later, with Trump's fundraising in the general election lagging behind Biden, he opened a cryptocurrency donation website on May 22 and officially accepted cryptocurrency donations.
a16z explains FIT21: Why it helps the crypto industry
The FIT21 Act/HR 4763 establishes a regulatory framework for the U.S. digital asset market.
From SAB 121 to ETF Approval, Wall Street’s New Alliance with Washington Pushes Crypto Markets to All-Time Highs
Wall Street will not sit idly by and watch Tether make more money than Goldman Sachs.
Bitcoin Ecosystem
Explaining Covenants: How to achieve Bitcoin's programmability?
Covenants can be used directly in Bitcoin scripts to limit further spending on transactions, thereby implementing transaction rules similar to smart contracts.
Exploring three key design decisions for Bitcoin’s Layer 2 solution
Bitcoin's second-layer solutions focus on key design elements such as bridging BTC, inheriting Bitcoin's security, and handling data availability.
Exploring Rune Layer2 fragmentation solution: Is there value in Nekoswap practice?
With the recovery of market sentiment and the rebound of Bitcoin prices, can the Rune ecosystem usher in a new round of growth dividends? As the first native cross-chain exchange of Runes and tokens on Bitlayer, can Nekoswap take on the future liquidity of Runes and Bitlayer? This article aims to share our views on these two issues.
Debate on Bitcoin L2: Dialogue between Bitlayer, CKB and Bool Network
Geek Web3 invited guests from Bitlayer, CKB, and Bool Network to discuss technology, values, views on capital markets and well-known projects such as Lightning Network and RGB, trustlessness of cross-chain bridges, and breakthroughs in the Bitcoin ecosystem.
Dialogue between Bitlayer, CKB and Bool Network (Part 2): Views on BTC Ecosystem Technology Solutions
If Bitcoin Layer 2 wants to become as popular as Ethereum Layer 2, how many problems will it need to solve?
For more related content, please check out the special topic: "Beyond Digital Gold: BRC-20 and Inscriptions, Opening a New Chapter for Bitcoin"
Seize the opportunity
TON ecosystem mini-game boom? Two more mini-games with a value of 10 million yuan will be released after Notcoin
The emergence of Notcoin does not seem to be an isolated phenomenon-level product. Similar products in the TON ecosystem are still popping up like mushrooms after rain. In terms of the number of users, the two projects, Hamster Kombat and Tapswap, are also replicating the legend of Notcoin.
Tracking the transaction logic of 5 MEME coin smart money addresses on the chain, how to create a hundredfold profit without rushing to open the market or relying on luck
For these smart money addresses, in addition to learning and imitating them by following orders, perhaps we should also explore the scientific method of MEME coin trading through their trading logic and behavioral analysis.
If the ETH ETF is successfully passed, which ecological projects are worth ambush in advance?
In the ETH ecosystem, Layer2, LSD, DeFi, ETH-collateralized stablecoins, and Restaking are the key sectors and projects that require focus.
The 200 million ARB game catalyst plan may be implemented soon. Let’s take a look at the 6 blockchain games in the XAI ecosystem.
As a dedicated gaming blockchain network, what high-quality games and projects has the XAI ecosystem attracted? This article will review the six blockchain games in the XAI ecosystem.
A step-by-step guide to ambush the airdrop: Monad and Polymer Labs
The amount of financing is high and the potential airdrop is expected to be large.
Interpretation of Fantom Upgrade: New L1 Network Sonic Network + Parallelized EVM + Native Token S New Combination
This article gives you a quick overview of the major events that have happened in the Fantom ecosystem recently.
Web3
“High FDV + low circulation” causes dissatisfaction in the community: Binance takes the lead in adjusting the listing strategy, what should project owners and retail investors do?
Recently, the controversy over the high FDV and low circulation gameplay has intensified. Crypto exchanges Binance and OKX have successively adjusted their listing strategies, especially Binance's support for small and medium-sized projects, which has aroused heated discussions in the market.
Ten days after the EigenLayer airdrop went live, more than 54 million tokens were delegated to 1,373 nodes. Who are the top ten node operators?
This article lists the top 10 node operators and their asset scale on the EigenLayer official website. These high TVL operators generally register more AVS, of which the total ETH delegation is nearly 854,000, accounting for nearly 17.1% of EigenLayer's ETH TVL; the number of EIGEN delegations exceeds 34.3 million, accounting for 63.5% of the overall staking scale of the token.
34 tweets reveal the Meme scam carefully planned by Polygon executives
As the theory of grass-roots teams becomes increasingly true, players should gradually become disenchanted with any top-level project.
Internal and external troubles of the Ethereum Foundation: confrontation between researchers and engineers, conflict of interest as an EigenLayer consultant
Solutions for the Ethereum ecosystem: Is it more important to solve the problem fundamentally or to be practical in the present? Can members of the Ethereum Foundation remain neutral when they receive millions of dollars in token incentives as EigenLayer advisors?
Reflections on Ethereum governance: Why are people unhappy with the EIP-3074 incident?
Core developers (including the author of EIP-3074) feel that the problem would not have occurred if the EIP-4337 team had been more actively involved in the Ethereum All Core Devs (commonly referred to as ACD) process.
Lista, which received $10 million in funding from Binance Labs, explains the second phase of Binance Megadrop
Since the "high FDV + low circulation" controversy, Binance has adjusted its relevant listing policies. Lista is the first project it chose to launch and has attracted much attention from users.
Technical
Detailed explanation of Morph: a new Layer2 driven by Optimistic and zkEVM technologies
Morph's technical logic and ecological positioning are unique in the current crowded L2 track, mainly solving problems such as liquidity fragmentation and user security of existing L2 projects.
Vitalik's new work: What is the difference between L2 and execution sharding?
An L2-centric ecosystem is sharding in the true technical sense.
In-depth analysis: What kind of sparks can AI and Web3 create?
The combination of AI and Web3 is an area of great concern to builders and VCs in the East and the West. How to integrate the two well is an issue that is worth exploring.
Detailed explanation of the impact of EIP-3074 on wallets and DApps
EIP-3074 enables EOA to have the same rich execution capabilities as contracts, opening up many new application scenarios.
Key Information
US SEC Chairman: Not every cryptocurrency token is a security
zkSync plans to conduct a TGE this week and an airdrop in mid-June
Bloomberg analyst: SOL's ETF road may be very bumpy, although demand may be huge
Vitalik praised ENS as the most successful non-financial application in the Ethereum ecosystem. ENS's 24-hour increase expanded to 36.7%
Arthur Hayes: If the US-Japan currency swap policy is implemented, it will drive the currency market up, and Bitcoin is expected to hit $1 million
The Privacy Commissioner of Hong Kong ruled that Worldcoin violated the privacy law and required it to stop collecting citizens' iris and facial images
Bitcoin hits all-time highs against local currencies in Japan, Argentina and the Philippines
Web3 gaming platform Gala Games was suspected to be hacked, with losses exceeding $200 million
On May 23, Rune Tokens generally rose: 3 of the top 10 by market value rose by more than 60% in 24 hours, and only 1 fell
Nvidia's revenue in the first quarter of this year was $26 billion, and its net profit increased sixfold year-on-year
