Sleep2Earn App Launch

Grayscale’s Strategic Ethereum Trust Retraction Filing Raises Questions Per a filing with the U.S. Securities and Exchange Commission (SEC), Grayscale has withdrawn its 19b-4 filing for listing and trading its ether trust, known as ETHE. This development unfolds at a juncture when the general consensus among the community is that the prospects of the SEC greenlighting an ETH-based ETF are fairly low. Analysts and prediction markets have assigned a minimal probability to the SEC’s approval, with some even suggesting the likelihood is nil. After the withdrawal, James Seyffart, an ETF analyst at Bloomberg, addressed the retraction in a post on the social media platform X. “This is interesting,” Seyffart said. “Grayscale just withdrew their 19b-4 filing for an ethereum futures ETF. This was essentially a trojan horse filing in my view, in order to create the same circumstances that allowed Grayscale to win the GBTC lawsuit (approve futures deny spot)” [I don’t know] why they’d do this honestly. In my mind might as well make the SEC write up an approval or denial for an ETH futures ETF and go from there? Maybe the SEC spoke with Grayscale about this… And whatever was said convinced Grayscale to withdraw? (This is a complete guess). While the reasons behind the decision remain unclear, speculation persists and the likelihood of approval has diminished further. As the crypto community ponders the implications, this withdrawal could mark a complete recalibration of expectations regarding ethereum-based, physically-settled ETFs.#BTC##HotTopicDiscussion##GateioBountyCreator#

About the performance of the Ethereum Virtual Machine (EVM) Every operation on the Ethereum mainnet costs a certain amount of Gas. If we put all the calculations required to run the basic application on the chain, either the app will crash or the user will go bankrupt. This gave birth to L2: OPRU introduces a collator to bundle a bunch of transactions before committing to mainnet. This not only helps the app to undertake the security of Ethereum, but also gives users a better experience. Users can submit transactions faster, and fees are cheaper. While operations have become cheaper, it still uses the native EVM as the execution layer. Similar to ZK Rollups, Scroll, Polygon zkEVM uses or will use EVM-based zk circuits, and zk Proof will generate...

This week, the cryptocurrency market will迎来 a key moment, with over $1.05 billion worth of tokens expected to be unlocked, including $152.88 million in cliff unlocks. This large-scale unlocking event could have far-reaching effects on the market, and investors need to closely monitor changes in liquidity, price trends, and overall market sentiment related to the relevant projects. Among the tokens that are about to be unlocked, several projects are particularly noteworthy: The PARTI token of Particle Network will unlock approximately 29.32 million USD, accounting for 78.4% of its total supply; The JUP token of Jupiter will unlock 25.53 million USD, although it only accounts for 1.7% of its total supply, the absolute value cannot be ignored; The NIL token of Nillion will unlock 21.07 million USD, accounting for 33.6%; The MBG token of Multibank will unlock 17.58 million USD, accounting for 19%; while the SAHARA token of Sahara AI will unlock 10.92 million USD, accounting for 6.1% of its total supply. These large-scale token unlocks may have a significant impact on the token supply and market dynamics of various projects. Investors and market participants should be wary of potential price fluctuations and changes in liquidity. At the same time, this may also bring new opportunities for some investors, as the unlocked tokens may enter the circulation market, potentially creating new trading opportunities. However, it is worth noting that token unlocking does not necessarily mean that the price will immediately fall. Some projects may take various measures to manage the market impact after unlocking, such as buybacks, burns, or lock-up plans. Therefore, investors should also consider the fundamentals of the project, team strategies, and the overall market environment when making decisions. Overall, this week's large-scale token unlocks will undoubtedly become an important observation point for the encryption market. Whether long-term holders or short-term traders, everyone should closely monitor the market changes that these unlocking events may bring and adjust their investment strategies accordingly.

#NIL# has shown a strong bounce back from the 0.30 Dollar zone, regaining higher levels with bullish candles. Buyers are returning to the market, and momentum is increasing towards a potential breakout if 0.32 is removed. Trading Setup Entry zone: 0.3120 – 0.3180 Target 1: 0.3250 Target 2: 0.3350 Target 3: 0.3500 Stop Loss: 0.3030

🔓 Top 7 token unlocks of the this week from CryptoRank: $NIL - $18.60M $PARTI - $16.55M $ID - $12.97M $ALT - $8.10M $SAHARA - $7.08M $H - $5.28M $ZND - $4.80M