6.29 Lab Daily:

It has fallen back to around 60,000. It was rare for the market to be good for two days, but it was hit hard by the SEC.

1. $ETH was affected by the SEC's review of pledge projects as "securities" yesterday, and it plunged from a high platform. Among them, the "$LDO $RLP" named directly plummeted by 20-30%;

Pledged ETH is considered a security, so ETHFI.PENDLE and the like are actually not immune.

After Sol is passed, Jto will also become a security, so pay attention to the follow-up.

2. Bloomberg analyst: The expected listing time of the spot Ethereum ETF may be postponed to after July 8;

3. The US stock market rose slightly. As inflation cooled, cryptocurrencies fell and the market responded to the debate;

4. Fed Daly: If inflation falls, the Fed can adjust its policy in a timely manner;

5. Arweave AO: More than $400 million worth of stETH has been deposited; (Isn’t this also a security!!! SEC definition)

6. Jump Crypto’s backers may make the CFTC investigation worse;

7. The SEC sued Consensys for MetaMask swap and pledge services; Not long ago, Consensys issued a document that the SEC would not review eth2.0, and now it has directly sued;

8. Fetch.ai announced that FET held or pledged on its mainnet will be automatically converted to native ASI tokens;

The market is helpless. Maybe only the contract air force is making money, and the next group is shouting losses.

ETHgas has become 1, and there is also a cry on the chain.