๐โโ #EIGEN EigenLayer implemented additional security feature for its EigenDA data availability service on the Ethereum network to prevent Sybil and DDoS attacks
๐บ๐ธ๐น Federal Accounting Standards Advisory Board (FASAB) clarified, what seized crypto assets should be considered โnon-monetary propertyโ, while central bank digital currencies (#CBDC) should be considered as monetary instruments: โCryptocurrencies generally do not have all the characteristics of money and they are ineffective as a medium of account, a medium of exchange, or a store of value.โ
๐ฎ #ETH #ETF Andrew Kang: I expect that in the first few weeks after launch flows in ETH-ETF will be lower than in BTC-ETF for two reasons:
- The approval came as a surprise and issuers have much less time to convince large holders to convert their ETH into ETFs;
- Conversion is less attractive to holders as they would have to give up returns from staking, farming, or using ETH as collateral in DeFi
Before the Ethereum ETF launches, I expect ETH to trade between $3,000 and $3,800, and after the ETF launches, I expect to trade between $2,400 and $3,000.
- The approval came as a surprise and issuers have much less time to convince large holders to convert their ETH into ETFs;
- Conversion is less attractive to holders as they would have to give up returns from staking, farming, or using ETH as collateral in DeFi
Before the Ethereum ETF launches, I expect ETH to trade between $3,000 and $3,800, and after the ETF launches, I expect to trade between $2,400 and $3,000.
๐ #BTC Analyst C.Q.: The SOPR (Spent Output Profit Ratio) for short-term holders (90-day simple moving average) falling below 1.0 could signal the end of a correction and the beginning of a new bullish trend.
More time is needed for this to occur
More time is needed for this to occur
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๐โโ#AKRO Akropolis Community offers update the project roadmap and new tokenomics of AKRO
๐๐ #ZK CEO Matter Labs (ZkSync): In fact, I predict that HODLing STRK, ZK, ZRO will become the most reliable signal of who's airdrop-worthy in the observable future.
Instant dumpers will regret it big deal
Instant dumpers will regret it big deal
๐ #ETH On June 22, the median gas fee on the Ethereum minnet fell below 3 gwei for the first time since the end of January 2020. It was the third lowest daily gas fee in the last five years.
๐ฎ Michael Saylor: #BTC will reach $10 million per coin, and China will support the cryptocurrency
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๐ค #BTC processed 172,628,942 transactions in the past year
๐๐งฏ #ETH Yesterday, the amount of ETH burned was only 266 ETH, setting a new low since the EIP-1559 update.
๐บ๐ธ๐ The US government currently owns $13.9 billion worth of BTC and $187 million worth of Ethereum.