đ Crypto Update: $BTC ETF Approved!
$ETH ETF Coming Soon
Exciting developments in the crypto space! Here's a quick rundown and a watchlist for Ethereum Beta:
đĽ ETF News:
- $BTC ETF - Approved â
- ETH ETF - Expected Soonđ
đEthereum Beta Watchlist:
- $ARB: King of L2 đ°
- $OP: OP Stacks for great revenue đ¸
- $LDO: Top liquid staking đ
- $RSTK: Restaking narrative đ
- $SSV: Staking infrastructure đ ď¸
- $FXS: Huge comprehensive ecosystem đ
- $PENDLE: Simplified yield trading đ
- $LBR: Robust stablecoin backed by LSD yield đ
- $OGV: Lowcap LSDfi with $100M TVL đ°
- $SNX: Deep liquidity provisioning protocol đ
- $ENS: Ethereum OG đ
- $PEPE: Biggest meme on ETH đ
- $MKR: Major Ecosystem includes DeFi, RWA, and more đ
- $BLUR: Best NFT trading platform đ¨
đď¸âđ¨ď¸Upcoming Projects:
- eigenlayer: Earn Points
- KelpDAO: Earn Kelp Miles
- AstridFinance: Earn Astrid Points
- ether_fi: Earn Loyalty Points
- swellnetworkio: Earn Pearls
- RenzoProtocol: Earn ezPoints
- InceptionLRT: Earn Points by holding $stETH or $rETH
- Blast_L2: Earn points by bridging
đď¸âđ¨ď¸Market Analysis:
-
$ETH has shown weakness for over 16 months.
- Previous alt seasons during market hyper-growth cycles lasted ~6 months.
- Two potential scenarios post
$ETH ETF or EigenLayer mainnet launch: Market cooling-off or continued growth.
đCautious Optimism:
- Stay sensible and avoid letting euphoria cloud judgment.
- Anticipate a potential new super growth cycle in 2024-2025.
đď¸âđ¨ď¸Catalysts for Ethereum:
- ETH ETF: Represents an influx of money from the stock market.
- Restaking: Creating a vast DeFi ecosystem, mitigating risks during bull markets.
#EthereumBeta #ETFApproval #etf đ