CryptoBlog n.2066
Binance's CZ has begun serving his sentence at a low-security federal prison in Lompoc, California.
CryptoBlog n.2065
🇺🇸 SEC chair Gensler says spot Ethereum ETF launch timeline depends on applicants’ speed SEC chair Gary Gensler said the timeline for spot Ethereum ETF launches depends on how quickly applicants respond to the regulator’s questions and comment on reasons for approvals. Past reports suggest that the SEC will comment on recently amended S-1 registrations from eight spot Ethereum ETF issuers. The applicants will then file further amendments before launching each product.
CryptoBlog n.2064
🪙 VanEck predicts Ethereum will hit $22,000 per token by 2030 VanEck believes Ethereum (ETH) will be worth roughly $22,000 by 2030, the asset manager said in a comprehensive analysis published on June 5. The forecast, developed by the firm’s Digital Assets Research team, led by Matthew Sigel, highlights Ethereum’s strong growth potential within both traditional and cryptocurrency-focused portfolios. VanEck’s analysis attributes the optimistic price target to Ethereum’s expanding role as a high-growth, internet-native commercial system that could disrupt traditional financial sectors and Big Tech platforms.
CryptoBlog n.2063
📊 Ethena's 'synthetic dollar' USDe crosses $3 billion supply just four months after launch Ethena Labs USDe stablecoin, also known as a 'synthetic dollar' which maintains its peg through arbitrage mechanics and a yield-returning cash-and-carry trade, has reached a supply of $3 billion tokens just four months following its public launch in February. Now, it's on track to challenge DAI as the largest algorithmic or decentralized stablecoin, though it'll have to add another $2 billion in supply to get there, according to data from The Block.