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#BTC #ETH #etf 🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-20) [Bitcoin Non-Zero Wallet Addresses Drop, Indicating Potential Positive Returns](https://www.binance.com/en/feed/post/5705039701233) [Bitcoin Spot ETF Sees Net Outflow of 💵93.85 Million, Grayscale GBTC Records Single-Day Outflow of 💵358 Million](https://www.binance.com/en/feed/post/5729395538273) [JPMorgan Warns Bitcoin Remains Overbought Despite Recent Correction](https://www.binance.com/en/feed/post/5738295085577) [Bitcoin's Next Halving Event Expected in April, Exact Date Unknown](https://www.binance.com/en/feed/post/5745537515762) [BTC Price Retests 💵63K Threshold Despite Slowing GBTC Outflows](https://www.binance.com/en/feed/post/5748144981570) [Bitcoin Price Crash Possible Amid Overbought Market Conditions and Increasing Profit-Taking Sentiments, Analysts Predict](https://www.binance.com/en/feed/post/5748421364290) [Bitcoin Spot ETFs Experience Net Outflows, Grayscale ETF GBTC Sees Single-Day Outflow of 💵169 Million](https://www.binance.com/en/feed/post/5774873832914) [Grayscale to Exhaust Bitcoin Holdings in 96 Days at Current Redemption Rate](https://www.binance.com/en/feed/post/5810185747129) [Bitcoin Bull Market Cycle Not Over Yet, Says CryptoQuant Analyst](https://www.binance.com/en/feed/post/5854732341314) [Bitcoin On-Chain Transfer Volume Remains Low Despite Record High Prices](https://www.binance.com/en/feed/post/5868978080441) [Bitcoin ETFs Could Mitigate 2024 BTC Halving Price Retracement](https://www.binance.com/en/feed/post/5881349290225) [Bitcoin ETFs Experience Unprecedented Five-Day Net Outflow Streak](https://www.binance.com/en/feed/post/5881716157905) [London Stock Exchange to Launch Bitcoin and Ethereum ETN Trading in 2024](https://www.binance.com/en/feed/post/5883705746842) [Trading Bitcoin's Halving: Expert Advice from Three Traders](https://www.binance.com/en/feed/post/5896491807585) [Bitcoin Bounces Above 💵70K: Unpacking the Factors Behind the Surge](https://www.binance.com/en/feed/post/5892868209562) #HotTrends

#BTC #ETH #etf

🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-20)

Bitcoin Non-Zero Wallet Addresses Drop, Indicating Potential Positive Returns

Bitcoin Spot ETF Sees Net Outflow of 💵93.85 Million, Grayscale GBTC Records Single-Day Outflow of 💵358 Million

JPMorgan Warns Bitcoin Remains Overbought Despite Recent Correction

Bitcoin's Next Halving Event Expected in April, Exact Date Unknown

BTC Price Retests 💵63K Threshold Despite Slowing GBTC Outflows

Bitcoin Price Crash Possible Amid Overbought Market Conditions and Increasing Profit-Taking Sentiments, Analysts Predict

Bitcoin Spot ETFs Experience Net Outflows, Grayscale ETF GBTC Sees Single-Day Outflow of 💵169 Million

Grayscale to Exhaust Bitcoin Holdings in 96 Days at Current Redemption Rate

Bitcoin Bull Market Cycle Not Over Yet, Says CryptoQuant Analyst

Bitcoin On-Chain Transfer Volume Remains Low Despite Record High Prices

Bitcoin ETFs Could Mitigate 2024 BTC Halving Price Retracement

Bitcoin ETFs Experience Unprecedented Five-Day Net Outflow Streak

London Stock Exchange to Launch Bitcoin and Ethereum ETN Trading in 2024

Trading Bitcoin's Halving: Expert Advice from Three Traders

Bitcoin Bounces Above 💵70K: Unpacking the Factors Behind the Surge

#HotTrends

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#sol 💥 •Solana Surpasses Ethereum in Total Economic Value for a Single Day 💵 According to U.Today, Solana, a blockchain network, generated more Total Economic Value (TEV) than Ethereum on May 12, marking a first in its history. Blockworks Research reported that Solana's TEV reached $2,248,681, outpacing Ethereum's $1,977,416. TEV, a metric combining transaction fees and miner/extractor value (MEV), is often used to gauge the utility and adoption of a blockchain network. Chris Burniske, a former Ark Invest analyst, commented on this development, suggesting that its important to monitor L1s that maintain their annual expansion in the form of TEV. A higher TEV can indicate increased usage and demand, potentially offering more flexibility in a network's economic policies. However, this achievement has sparked debate among Solana and Ethereum users. Critics argue that comparing Solana's TEV with Ethereum's without considering layer-2 (L2) solutions is misleading. L2 solutions, built on top of Ethereum to enhance scalability and reduce fees, offload some activity from the main Ethereum blockchain (L1) while remaining a crucial part of it. Critics suggest that since some Ethereum activity has moved to L2s, these should be included in the comparison. Despite the criticism, Burniske maintains that comparing TEV across blockchains remains valuable. He explained that each L2 operates in its own blockspace environment, and TEV comparisons are typically made on an L1-to-L1 basis. However, some may disagree with this approach and consider L2s an inseparable part of larger ecosystems like Ethereum, which has struggled with high fees in the past. Currently, Ethereum fees sometimes drop even below those of Tron. 💵 ~Source: Binance News #HotTrends #2024
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