Starting from yesterday, news that the "probability" of Ethereum spot ETF approval has greatly increased began to ferment gradually. ETH staged a single-day increase of 20%+ that has not been seen in several years, and at the same time boosted the heat of the entire crypto industry. Various tracks in the crypto industry that have been in a slump for nearly two months due to the fading heat of Bitcoin spot ETF seem to have "awakened" again.
The past day has been quite lively. Let’s take stock of the “big events” and related concept currencies that are worth paying attention to.
1. Farcaster completes $150 million in financing, with investments from well-known institutions such as Paradigm and A16z
Concept currency: $DEGEN, up 30%+
The decentralized social protocol Farcaster announced that it has completed a $150 million financing round, led by Paradigm, with participation from a16z crypto, Haun, USV, Variant, Standard Crypto and others. The relevant announcement stated that Farcaster will focus mainly on daily active user growth and adding developer primitives to the protocol this year, such as channels and direct messaging.
According to Dune data, the Farcaster protocol's cumulative revenue has now reached nearly $1.4 million, with 378,000 users and 380,000 connection addresses.
2. Insiders revealed that zkSync plans to launch TGE this week and airdrop in mid-June
Concept coin: Eco-meme coin, $MEOW\$Cheems\$ZORRO all increased by more than 30%
According to The Block, two people familiar with the matter said that zkSync plans to launch the TGE this week and airdrop in mid-June. The sources said that the token issuance, including the airdrop, will be carried out within 30 days after the TGE. They added that the total supply of the token is 21 billion. According to the screenshot of the internal message, ZkSync is currently aiming to airdrop around June 13, and the company noted that it is expected to be carried out before the Blast token airdrop on June 26. Aevo has launched zkSync (ZK) futures on the Pre-Launch market, currently at $0.69, with a FDV of up to $14.49 billion.
zkSync is the only one of the four Ethereum L2 giants (zkSync, Arbitrum, Optimism, StarkNet) that has not yet issued a coin. For this reason, it has been criticized and ridiculed by Ethereum users.
3. Ethereum spot ETF is progressing rapidly
Concept currency: $PEPE\$LDO\$ARB\$OP\$STRK
The probability of Ethereum spot ETF approval has almost made a 180-degree turn. Before yesterday, most analysts believed that Ethereum spot ETF would not be approved this year, and it might even take several more years. However, a lot of information currently indicates that Ethereum spot ETF is just around the corner.
Here is a summary of what new developments there were overnight:
- Source: US SEC has informed exchanges that it is inclined to approve spot Ethereum ETF
- Fidelity submits updated S-1 filing for Ethereum spot ETF, its ETF will not pledge ETH tokens
- Grayscale Ethereum Spot ETF Application Has Removed Staking-Related Content
- DTCC's official website has listed the VanEck Ethereum spot ETF code ETHV
- Five issuers have submitted 19b-4 amended documents for Ethereum spot ETFs to the SEC through Cboe BZX, including: Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares and Franklin
4. Trump campaign officially announces acceptance of cryptocurrency donations
Concept currency: $TRUMP (-3.7%)\$TRUMP INU (+24%)
The Trump campaign officially announced on Tuesday that it will begin accepting cryptocurrency donations, and supporters can donate using "any cryptocurrency accepted through Coinbase Commerce products." Its campaign team said: "The restrictions and disclosure requirements for cryptocurrency donations will follow the regulations of the Federal Election Commission." Trump previously promised that he would stop the United States' hostility to cryptocurrency and embrace it.
