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5,358 ETH Worth $9M Was Just Burned. What happened: On Wednesday a total of 5,358.29 Ether (ETH) worth $9,544,456, based on the current value of Ethereum at time of publication ($1,781.25), was burned from Ethereum transactions.

Crypto Analyst Congratulates Traders on Surviving the Bear Market, Looks Ahead on Bitcoin (BTC). A widely followed crypto analyst says that traders who have survived the bear market are finally coming out on the other side. Crypto analyst Michaël van de Poppe sends his 669,200 followers on the social media platform X a congratulations,

expressing his belief that the bear market is over. DYDX Chain officially launches on mainnet as standalone Cosmos Layer 1. The dYdx version 4 and its standalone Cosmos blockchain has rolled out is alpha mainnet phase.

Gary Gensler Confirms Review of Numerous Bitcoin ETFs. The race for the first Bitcoin ETF in the United States is gaining momentum. SEC Chairman Gary Gensler confirmed that the commission examines 8-10 applications for a spot Bitcoin ETF. These revelations, signaling potential market evolution, come amid an impressive Bitcoin rally, heightening stakeholder anticipation.

Core devs rule out Dencun fork this year. Ethereum core developers are working through issues with the next suite of upgrades, featuring EIP-4844.

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