Ethereum

Puffer Finance fait sensation dans l'espace de la finance décentralisée (DeFi) avec son airdrop à venir et l'expansion de l'utilité de ses jetons. La plateforme a annoncé le lancement de son jeton de gouvernance, $PUFFER, avec de nouvelles fonctionnalités visant à augmenter l'engagement de la communauté. Parallèlement à cela, Puffer Finance distribuera une partie significative de ses jetons aux premiers adoptants et aux participants de l'écosystème DeFi via un airdrop.   Résumé L'airdrop de Puffer Finance se déroulera du 14 octobre 2024 au 14 janvier 2025, laissant suffisamment de temps aux participants pour réclamer leurs jetons. Un total de 13% de l'offre totale de jetons $PUFFER a été alloué pour l'airdrop, récompensant les premiers adoptants et les membres actifs de la communauté. Puffer Finance a introduit un modèle de gouvernance où les utilisateurs peuvent staker des jetons $PUFFER pour recevoir des vePUFFER, leur donnant un pouvoir de vote dans les décisions du protocole. 40% de l'offre totale de jetons est dédié aux incitations communautaires et au développement de l'écosystème, assurant une croissance et un engagement continus. Puffer Finance est une plateforme de finance décentralisée (DeFi) axée sur les solutions de restaking liquide et de rollup basé sur Ethereum. Son airdrop distribue 13% de l'offre de jetons $PUFFER aux premiers adoptants et aux membres de la communauté, leur offrant un pouvoir de gouvernance et l'opportunité de participer aux décisions clés au sein de la plateforme. Cette initiative souligne l'engagement de Puffer Finance envers la décentralisation et la croissance dirigée par la communauté.   En savoir plus : Top Protocoles de Restaking Liquide de 2024   Tout sur l'Airdrop de Puffer Finance ($PUFFER) Selon une annonce officielle partagée sur X, Puffer Finance lancera sa campagne d'airdrop à partir du 14 octobre 2024 et se poursuivra jusqu'au 14 janvier 2025. Cet airdrop alloue 13% de l'offre totale de jetons $PUFFER, récompensant les premiers adoptants et ceux qui ont activement participé à l'écosystème de Puffer. Les participants de la première saison, connue sous le nom de "Crunchy Carrot Quest", ont déjà reçu 7,5% de l'offre de jetons. Avec la saison 2, un autre 5,5% de l'offre sera distribué.   Chronologie de l'Airdrop de Puffer Finance : Dates Clés à Connaître Instantané pour l'Airdrop de la Saison 1 : 5 octobre 2024 Date de Début de l'Airdrop de la Saison 1 : 14 octobre 2024 Date de Fin de l'Airdrop : 14 janvier 2025 Approvisionnement Total en Tokens $PUFFER : 1 milliard Allocation de l'Airdrop : 13% de l'approvisionnement total Qui est Éligible pour l'Airdrop $PUFFER ? L'éligibilité pour l'airdrop de Puffer Finance est basée sur les critères suivants : Premiers Adopteurs : Les utilisateurs qui ont interagi avec l'écosystème de Puffer Finance avant certaines dates clés, telles que la participation à des programmes de staking ou à des activités de gouvernance, sont éligibles pour l'airdrop. Participants à la "Crunchy Carrot Quest" : Ceux qui ont participé à la "Crunchy Carrot Quest" Saison 1 de Puffer Finance, qui impliquait de compléter des tâches et activités spécifiques, sont éligibles pour une partie de l'airdrop. Engagement Communautaire : Les membres actifs de la communauté Puffer Finance, y compris ceux qui ont contribué au développement ou à la promotion de la plateforme, peuvent également se qualifier. Critères de l'Instantané : Un instantané des portefeuilles éligibles a été pris le 1er octobre 2024. Les portefeuilles qui répondaient aux critères d'interaction et de détention au moment de l'instantané sont éligibles pour l'airdrop. Supporters d'Ethereum : Une petite partie de l'airdrop a été allouée à ceux qui soutiennent le développement de base d'Ethereum, car Puffer Finance a réservé 1% de l'approvisionnement en tokens pour le réseau Ethereum. Ces critères d'éligibilité peuvent varier légèrement en fonction des annonces de Puffer Finance, il est donc essentiel de vérifier le site officiel et les canaux pour les informations les plus récentes.   Comment Participer et Réclamer l'Airdrop de Puffer Finance Pour réclamer l'airdrop de Puffer Finance, suivez ces étapes :   Vérifiez l'éligibilité : Assurez-vous de répondre aux critères pour l'airdrop. L'éligibilité est souvent basée sur l'adoption précoce, l'activité au sein de l'écosystème Puffer Finance, ou la participation à des événements spécifiques comme la "Crunchy Carrot Quest". Visitez le site officiel de Puffer Finance : Allez sur la page officielle de réclamation de l'airdrop Puffer Finance, accessible via leur site Web ou les réseaux sociaux officiels. Assurez-vous d'utiliser uniquement des liens de confiance pour éviter les arnaques de phishing. Connectez votre portefeuille : Vous devrez connecter un portefeuille de cryptomonnaie compatible, tel que MetaMask, à la page de réclamation de Puffer Finance. Assurez-vous que votre portefeuille prend en charge Ethereum ou d'autres réseaux requis. Réclamez vos jetons : Si vous êtes éligible, vous verrez le nombre de jetons $PUFFER disponibles pour vous. Cliquez simplement sur le bouton "Réclamer" et suivez les instructions à l'écran. Confirmez la transaction : Une fois la réclamation initiée, confirmez la transaction dans votre portefeuille. Préparez-vous à payer des frais de gaz mineurs, comme c'est typique des transactions basées sur Ethereum. Recevez vos jetons : Après confirmation, vos jetons $PUFFER seront envoyés à votre portefeuille connecté. Notes Importantes La période de réclamation pour l'airdrop se déroule du 14 octobre 2024 au 14 janvier 2025, alors assurez-vous de réclamer vos jetons dans ce délai. Utilisez uniquement le site Web et les canaux officiels de Puffer Finance pour éviter les arnaques ou tentatives de phishing. Vérifiez la sécurité de votre portefeuille avant de le connecter à un site tiers. Répartition de la Tokenomics de Puffer Finance (PUFFER) Source : blog de Puffer Finance    Le jeton $PUFFER a une offre plafonnée à 1 milliard de jetons. Parmi ceux-ci, 40 % sont réservés aux initiatives communautaires et au développement de l'écosystème. Un autre 20 % est alloué aux premiers contributeurs et conseillers, avec un calendrier de vesting de trois ans pour assurer un engagement à long terme envers le projet.   De plus, 1% de l'offre est réservé au développement principal d'Ethereum, démontrant l'engagement de Puffer à soutenir le réseau Ethereum. Bien que cela puisse sembler être un petit pourcentage, il joue un rôle significatif dans l'objectif à long terme de la plateforme d'améliorer l'infrastructure d'Ethereum.   Gouvernance et Pouvoir de Vote: Stakez PUFFER, Gagnez vePUFFER  Puffer Finance a introduit un modèle de gouvernance qui permet à sa communauté d'avoir un mot à dire direct dans les décisions de la plateforme. En stakant des tokens $PUFFER, les utilisateurs peuvent gagner des tokens vePUFFER, qui accordent un pouvoir de vote au sein de l'écosystème. Ce modèle de gouvernance garantit que la communauté a une voix dans la définition de l'avenir de Puffer.   Le processus de gouvernance de Puffer est basé sur la confiance et la transparence, permettant aux utilisateurs de participer aux décisions clés et aidant la plateforme à s'aligner sur les principes décentralisés d'Ethereum.   Puffer Finance Étend son Utilité au Restaking Liquide et aux Rollups Puffer Finance a initialement gagné en reconnaissance grâce à son token de staking liquide, Puffer LST. Cependant, la plateforme a étendu ses offres pour inclure des services de restaking liquide grâce à EigenLayer. La fonctionnalité de restaking liquide de Puffer permet aux utilisateurs de maximiser leur potentiel de staking tout en contribuant à la sécurité du réseau.   De plus, Puffer Finance développe UniFi, une solution de rollup conçue pour améliorer le séquencement des transactions sur Ethereum. UniFi AVS, un autre produit innovant en cours de développement, offrira un service de pré-confirmation, permettant des rollups plus rapides et plus efficaces. Ensemble, ces produits sont destinés à améliorer l'évolutivité et l'efficacité du réseau Ethereum.   En savoir plus : Qu'est-ce qu'EigenLayer ? La Solution de Re-staking d'Ethereum   L'avenir de Puffer Finance Avec le lancement du jeton $PUFFER et la gamme élargie de produits, Puffer Finance se positionne comme un acteur clé dans l'écosystème Ethereum. Le modèle de gouvernance, combiné avec l'accent mis par la plateforme sur le re-staking liquide et les rollups, garantit que Puffer est aligné avec les principes de décentralisation.   La campagne de largage (airdrop) continuera d'attirer l'attention, car les membres de la communauté peuvent réclamer leurs jetons et s'engager dans la structure de gouvernance de la plateforme. À mesure que Puffer Finance continue de croître, sa communauté jouera un rôle crucial dans l'orientation de ses futurs développements.   Conclusion L'utilité étendue des jetons et le modèle de gouvernance de Puffer Finance signalent une nouvelle phase pour la plateforme. Avec le prochain airdrop et les initiatives communautaires, Puffer vise à renforcer sa présence dans l'espace DeFi tout en contribuant aux efforts de décentralisation d'Ethereum. Le jeton $PUFFER offrira des récompenses aux premiers adoptants et permettra à la communauté de participer aux décisions clés de la plateforme.   Alors que Puffer Finance progresse avec son airdrop et ses nouveaux développements, il est positionné pour croître au sein de l'écosystème décentralisé. Cependant, les participants doivent évaluer attentivement les risques potentiels, y compris la volatilité du marché et les changements de valeur des jetons, avant de s'engager avec la plateforme.   Lire plus : Puffer (PUFFER) est listé sur KuCoin ! Première mondiale !

L'environnement du marché voit une forte probabilité (87%) d'une réduction de 25 points de base du taux d'intérêt en novembre. Les actions et les obligations américaines ont connu des baisses significatives, avec les rendements des bons du Trésor à deux ans et à 10 ans atteignant 4% pour la première fois depuis août. Les trois principaux indices boursiers américains ont clôturé dans le rouge, et après la montée de Bitcoin au-dessus de 64 000 $, le marché boursier américain a reculé de 0,95%. De plus, le taux de change ETH/BTC est tombé en dessous de 0,039, indiquant une tendance à la baisse pour Ethereum par rapport à Bitcoin.   Dans les nouvelles de l'industrie, un juge américain a approuvé le plan de restructuration de la faillite de FTX, permettant à 98% des créanciers de récupérer au moins 118% de la valeur de leur dette en espèces. Le plan injectera entre 14,5 et 16,3 milliards de dollars de liquidités sur le marché, les remboursements de dettes étant attendus dans les 60 jours. Malgré ce développement positif, le tribunal a confirmé que la valeur des jetons FTT est nulle, entraînant une brève hausse du FTT au-dessus de 3,1 $ avant de reculer.   Le marché des cryptomonnaies a montré des sentiments neutres aujourd'hui alors que les principales pièces ont connu de petites baisses de prix. L'indice Crypto Fear & Greed est passé de 50 la semaine dernière à 49 aujourd'hui, restant dans la zone 'Neutre'. Le Bitcoin (BTC) reste volatil cette semaine, mais montre des signes clairs de potentiel de rallye.   Mises à jour rapides du marché Prix (UTC+8 8:00) BTC: 62 223 $, -0,95 % ; ETH: 2 422 $, -0,71 % 24 Heures Long/Short: 49,3%/50,7% Indice de peur et de cupidité d'hier : 49 (50, il y a 24 heures), avec une évaluation neutre Indice de peur et de cupidité des cryptomonnaies | Source : Alternative.me    Jetons Tendance du Jour Meilleurs Performeurs des Dernières 24 Heures   Paire de Trading    Changement 24H ⬆️ SUIA/USDT  +38,41% ⬆️ NEIRO/USDT      +18,75% ⬆️ SUI/USDT        +11,16%   Trade maintenant sur KuCoin   Points Forts de l'Industrie pour le 8 Octobre 2024 Un juge américain a approuvé le plan de réorganisation de la faillite de FTX, ouvrant la voie à la compensation des créanciers. Elon Musk a partagé les données de prédiction des élections américaines de Polymarket, louant leur précision par rapport aux sondages traditionnels. Tether a célébré son 10ème anniversaire, avec la capitalisation boursière de l’USDT approchant les 120 milliards de dollars. Infinex a levé 65 millions de dollars grâce à une vente de NFT et a conclu un partenariat avec Wormhole pour permettre la fonctionnalité cross-chain. Vitalik Buterin a exprimé sa gratitude à un projet de Meme Coin pour avoir fait don d'une partie de son approvisionnement en tokens à une œuvre de charité. Plus de 87% des nouvelles émissions de tokens des échanges décentralisés (DEX) cette année ont été lancées sur la blockchain Solana. Carte thermique des cryptomonnaies | Source : Coin360   La Bataille de Bitcoin à 64K : La Lutte pour Franchir la Résistance Bitcoin continue de flotter autour de 64 000 $, mais il peine à franchir ce niveau de résistance. Malgré un gain de 5,2 % plus tôt ce mois-ci, le prix de Bitcoin reste à 63 323 $ aujourd'hui, en grande partie en raison de facteurs macroéconomiques.   Les investisseurs se tournent vers les actions et les liquidités en réponse aux incertitudes socio-politiques, poussant Bitcoin dans un schéma de maintien. De plus, les sorties de Bitcoin ETF depuis le 1er octobre ont totalisé 335 millions de dollars, réduisant l'enthousiasme sur le marché.   Bien que Bitcoin ait longtemps été considéré comme une couverture contre l'inflation, il semble que les tendances du marché traditionnel dictent pour le moment ses mouvements de prix, maintenant la barre des 64 000 $ hors de portée.   Bitcoin vs. la base monétaire mondiale (M2, milliards). Source : TradingView   Lire plus : Le marché du Bitcoin reste fort malgré la menace des 60 000 $ : les traders restent optimistes   Plan de réorganisation de FTX approuvé : Une étape majeure dans le processus de faillite Le monde de la crypto a connu des développements significatifs aujourd'hui, avec des nouvelles clés concernant la réorganisation de la faillite de FTX, le virage stratégique de Worldcoin vers les marchés ouverts, et une nouvelle proposition pour augmenter le débit d'Ethereum. Ces mises à jour reflètent les efforts en cours pour résoudre les défis passés tout en se positionnant pour la croissance et l'efficacité futures.   Deux ans après avoir déposé le bilan, la bourse crypto effondrée FTX a enfin atteint un moment crucial dans son parcours vers le remboursement. Le 7 octobre, un juge de la faillite des États-Unis a approuvé le plan de liquidation de l'entreprise, ouvrant la voie à FTX pour retourner plus de 16 milliards de dollars aux créanciers.   Selon le plan approuvé, FTX remboursera 98% des utilisateurs, les créanciers non gouvernementaux devant recevoir 100% de leurs réclamations de faillite plus les intérêts. Cette décision marque une avancée significative pour FTX, qui a été qualifié de « moment Lehman » de l'industrie crypto en raison de son effondrement soudain en 2022.   Le PDG de FTX, John J. Ray III, a commenté la décision du tribunal :    « La confirmation de notre plan par le tribunal est une étape importante sur notre chemin vers la distribution de liquidités aux clients et aux créanciers. »   Le cas de FTX sert de mise en garde, mais ce plan de réorganisation pourrait apporter une certaine clôture pour ceux affectés par l'effondrement de l'échange.   Source : RadarHits   Worldcoin Se Concentre sur les Marchés Ouverts Alors que la Surveillance Réglementaire Européenne Augmente Pendant ce temps, Worldcoin, le projet d'identité numérique cofondé par le PDG d'OpenAI, Sam Altman, concentre ses efforts sur des régions plus ouvertes aux technologies émergentes. Selon Fabian Bodensteiner, directeur général de Worldcoin pour l'Europe, l'entreprise voit des opportunités plus dynamiques en dehors de l'Europe, où l'environnement réglementaire est plus strict.   « Nous voyons simplement une dynamique plus importante dans d'autres régions du monde... nous devons prioriser là où nous voyons les plus grandes opportunités commerciales », a déclaré Bodensteiner.   Worldcoin se concentre désormais sur les marchés de la région Asie-Pacifique et de l'Amérique latine, où les taux d'adoption de nouvelles technologies sont plus élevés. Des pays comme le Japon et l'Argentine sont considérés comme des zones clés pour la croissance. Cependant, Worldcoin n’a pas complètement abandonné l’Europe—les efforts récents incluent le lancement d'opérations en Pologne et le début des vérifications World ID en Autriche.   Ce changement de focus intervient après des suspensions temporaires dans des pays comme l'Espagne et le Portugal en raison de préoccupations concernant la confidentialité des données, montrant la complexité réglementaire à laquelle les projets d'identité numérique sont confrontés.   En savoir plus : Qu'est-ce que Worldcoin (WLD) et comment l'obtenir ?   Une nouvelle proposition d'Ethereum vise à augmenter le débit de 50% Dans le monde de la blockchain, les développeurs d'Ethereum cherchent à améliorer l'efficacité du réseau grâce à une nouvelle proposition. La proposition d'amélioration d'Ethereum (EIP-7781) vise à réduire les temps de bloc d'Ethereum de 33% tout en augmentant la capacité de données, ce qui se traduit par une augmentation de 50% du débit.   Ce changement rendrait les échanges décentralisés tels que Uniswap v3 plus efficaces, améliorant l'exécution et permettant aux utilisateurs d'économiser des millions en frais. Le chercheur de la Fondation Ethereum, Justin Drake, a exprimé un soutien fort pour la proposition, affirmant qu'elle est en accord avec les objectifs plus larges de scalabilité proposés par Vitalik Buterin et d'autres.   Si elle est mise en œuvre, la proposition pourrait réduire la congestion du réseau, abaisser les frais de layer-2 et rendre Ethereum plus compétitif alors que la demande pour l'infrastructure blockchain continue de croître.   Source: Cygaar   Lire la suite : Mise à niveau Ethereum 2.0   KuCoin a terminé le largage de jetons CATS (CATS) Selon une annonce officielle de KuCoin, une bourse de cryptomonnaies de premier plan, la distribution de jetons pour le largage de CATS a été complétée le 8 octobre. Les utilisateurs qui ont réclamé leur largage de CATS via KuCoin ont maintenant reçu les jetons alloués dans leurs comptes de financement. De plus, les jetons CATS sur le pré-marché KuCoin seront livrés lors du lancement officiel du jeton.   CATS est une memecoin sur The Open Network (TON) blockchain, conçue pour engager les utilisateurs via la mini-application Telegram CATS, qui offre des fonctionnalités interactives et des récompenses.   Le jeton CATS sera listé sur KuCoin à 10:00 UTC le 8 octobre 2024. Pour plus d'informations, les utilisateurs peuvent se référer à la plateforme officielle de KuCoin.   KuCoin annoncera également les prochaines campagnes de listing associées au token CATS, offrant ainsi aux utilisateurs plus d'opportunités de générer des revenus passifs avec leurs avoirs en CATS.   Conclusion Les derniers développements dans le domaine de la crypto mettent en évidence l'évolution continue de l'industrie. Le plan de réorganisation de FTX apporte des progrès tant attendus pour les créanciers, offrant un espoir de récupération après l'effondrement de la bourse. Pendant ce temps, le déplacement de Worldcoin vers des régions plus ouvertes aux technologies émergentes indique où l'innovation pourrait prospérer à l'avenir. Les améliorations proposées pour Ethereum pourraient considérablement améliorer l'efficacité, renforçant la scalabilité du réseau. Pourtant, la lutte de Bitcoin pour dépasser les 64 000 $ reflète des défis macroéconomiques plus larges. Alors que le paysage de la crypto évolue, ces événements soulignent la nécessité d'adaptabilité et d'innovation dans un marché en rapide mutation. Restez à l'écoute de KuCoin News pour plus d'analyses et de tendances quotidiennes sur la crypto.   Lire la suite : Crypto Daily Movers, 7 octobre : Bitcoin dépasse les 63 000 $, analyse technique de APT, WIF et FTM

On September 4, 2024, Polygon Labs completed a major upgrade to its native token, transitioning from MATIC to POL. This move marks a crucial step in the network's evolution toward Polygon 2.0, aiming to create a more productive, scalable ecosystem.    Quick Take  Polygon's MATIC token was upgraded to POL on September 4, 2024. POL introduces new "hyperproductive" features, expanding utility beyond gas fees and staking. MATIC holders can upgrade to POL automatically or manually, with no current deadline. POL plays a key role in Polygon’s vision for Polygon 2.0 and the AggLayer. The upgrade brings a 2% annual token emission model. Why Polygon Transitioned From MATIC to POL On September 4, 2024, Polygon Labs officially replaced MATIC with POL, signaling the launch of Polygon 2.0. The upgraded POL token offers broader functionality and introduces what CEO Marc Boiron calls a "hyperproductive" token system. Unlike MATIC, which primarily earned fees from gas and staking, POL opens up new opportunities for fee generation, including securing data availability and decentralizing a sequencer.   Polygon’s upgrade follows a year of community discussions, with consensus focusing on increasing token utility and scalability. POL will now act as the native gas and staking token for the Polygon network, positioning itself as a crucial driver of Polygon’s growth.   Read more: Polygon Labs Announces Token Migration From MATIC to POL on September 4, 2024   All you need to know about MATIC to POL token migration | Source; Polygon on X    What POL Brings to the Table According to Boiron, POL takes productivity one step further than Ethereum’s Ether, allowing for more diverse fee-earning options. POL holders can now generate fees from multiple sources, such as staking, securing additional chains, or decentralized sequencers. This means that POL will allow validators to participate in more network activities and earn from various roles within the Polygon ecosystem.   Beyond earning potential, POL will also play a vital role in Polygon’s AggLayer, an aggregation layer designed to connect different blockchains seamlessly. This makes POL a key player in Polygon 2.0’s vision of unifying various chains to create a scalable and interconnected ecosystem.   Polygon (POL)  has a New Emission Rate of  2%  One of the significant tokenomics changes introduced with POL is a new emissions model. The token will have a 2% annual emission rate, divided between validators and a community treasury. For validators, this provides continuous rewards, incentivizing more participation in the network. The community treasury, on the other hand, will fund growth initiatives, including grants that promote the ecosystem's expansion.   This new emission model addresses one of the challenges faced by MATIC: its lack of flexibility. Boiron explained that MATIC’s upgrade keys were intentionally burned, limiting the token’s ability to introduce new features like emissions. POL resolves this issue, enabling greater control over the token’s use and future development.   How to Migrate from MATIC to POL If you’re a MATIC holder, here’s the good news: the upgrade to POL happens automatically for most users. If your MATIC is staked on the Polygon proof-of-stake (PoS) chain, no further action is required. Your MATIC will convert to POL seamlessly.   However, if you hold MATIC on Ethereum, the Polygon zkEVM, or centralized exchanges, you will need to migrate your tokens manually. Polygon has deployed a migration contract, allowing users to convert their MATIC to POL through the Polygon Portal Interface. Keep in mind, this process is more advanced, and it’s recommended only for users familiar with bridging tokens between networks.   Leading centralized exchanges (CEXs) have been actively facilitating the smooth migration from MATIC to POL for their users. KuCoin, in particular, has supported this transition since early 2023. As of November 9, 2023, POL is available for trading on KuCoin’s spot platform. Users can now deposit POL tokens and trade the POL/USDT pair. Additionally, KuCoin allows users to sell MATIC and purchase POL, providing early access to POL trading ahead of many other major exchanges.   For those holding MATIC as ERC-20 tokens in hardware wallets, a manual conversion will be necessary. While Polygon hasn’t yet provided specific instructions for hardware wallets like Ledger, expect updates soon on how to complete the migration.   No Deadline to Convert MATIC to POL (Yet) While the migration went live on September 4, Polygon has not imposed a hard deadline for converting MATIC to POL. This means users can take their time making the switch. However, Polygon has indicated that the community could eventually establish a deadline, so it’s wise to stay updated on any potential changes in the future.   The Future of Polygon 2.0: AggLayer and More  Benefits of AggLayer in Polygon 2.0 | Source: Polygon blog    POL’s introduction is just the beginning of Polygon 2.0. Over time, POL will be integrated into the broader Polygon ecosystem, securing other chains within Polygon’s aggregated network, known as the AggLayer. The AggLayer aims to create a unified network of chains, ensuring fast, atomic cross-chain transactions while maintaining security.   Moreover, POL will be pivotal in block production, zero-knowledge proof generation, and Data Availability Committees (DACs). These roles reflect Polygon’s ambitious plans for zero-knowledge technology and the evolution of its ecosystem into a scalable, decentralized hub for Web3 applications.   POL’s "Hyperproductive" Future The upgrade from MATIC to POL marks a significant milestone in Polygon’s roadmap. With enhanced utility and a new emission model, POL is designed to improve both the network's functionality and scalability. As Polygon 2.0 develops, POL is expected to play a central role in unifying multiple chains and driving the network's growth.   For users, this transition introduces new opportunities, from staking to participating in securing other chains within the ecosystem. Whether you are a validator seeking additional rewards or a developer building decentralized applications, POL offers expanded possibilities within the Polygon network. However, as with any technological upgrade, it’s important to remain cautious. Changes in tokenomics and network structure can introduce new risks, such as potential technical issues during migration or shifts in market dynamics. Users are encouraged to stay informed and assess their participation carefully as Polygon moves forward with its plans.

On September 4, 2024, Polygon will launch its new native token, Polygon Ecosystem Token(POL), replacing the existing MATIC token. This transition is a crucial part of Polygon 2.0 vision  to evolve from a single proof-of-stake (PoS) network into an ecosystem of interconnected blockchains powered by zero-knowledge (ZK) technology.    Quick Take The migration from MATIC to POL will occur on September 4, 2024, with POL replacing MATIC to enhance Polygon's ecosystem and support multiple chains, as per the official blog of Polygon Labs.   While MATIC on Polygon PoS will convert automatically to POL, those holding MATIC on Ethereum or zkEVM must use Polygon's official migration contract.  POL introduces new functionalities, such as increased validator incentives and expanded governance rights, making it essential for users to understand and complete the migration process. Polygon Will Migrate From MATIC to POL As Part of Its “Polygon 2.0” Roadmap Polygon Labs has announced the token migration from MATIC to POL on September 4, 2024. Polygon, a leading Ethereum layer-2 solution, will shift its native token from MATIC to POL.  As per the introduction of Polygon Labs in their official blog, POL migration is a part of Polygon 2.0 - a strategic upgrade aimed at positioning Polygon as a leader in blockchain scalability and interoperability. POL, described as a "third-generation" token, will serve as the gas fee payment and staking token on Polygon's PoS blockchain. With the introduction of the AggLayer, a scalable multichain network, POL will support seamless cross-chain transactions and enhanced security across multiple Polygon chains.   “POL is a hyperproductive token that can be used to provide valuable services to any chain in the Polygon network, including the AggLayer itself,” Polygon wrote in their blog post.   The AggLayer will unify these chains, allowing them to interact seamlessly, while POL will play a crucial role in securing the network and rewarding validators. POL holders will also gain governance rights over the Community Treasury, empowering them to fund development and research initiatives. This shift is designed to address blockchain fragmentation and improve user experience, making Polygon more competitive in the crypto market.   Read more: Top Ethereum Layer-2 Crypto Projects to Know in 2024   What Sets Polygon Ecosystem Token (POL) Apart from Matic Token? POL introduces advanced functionalities and expanded roles, positioning it as a more versatile and central token within the expanding Polygon ecosystem. It will not only serve as the primary token for gas fees and staking but also plays a significant role in governance and network security across multiple chains, marking a strategic shift from the simpler utility of MATIC. Unlike MATIC, which serves primarily as the gas and staking token for Polygon’s proof-of-stake (PoS) network, POL is designed to power a broader range of functionalities across multiple chains within the Polygon ecosystem. This is part of the broader AggLayer initiative, which aims to unify various blockchains under a shared security model.   POL distinguishes itself through several enhanced features. Firstly, it enables validators to secure multiple chains simultaneously, increasing their incentives by allowing them to participate in various roles across the ecosystem. Additionally, POL expands its utility by integrating governance capabilities, giving token holders the power to influence decisions related to the Community Treasury, which will fund future development and research initiatives. These enhancements make POL a more versatile and valuable token, positioning it as a cornerstone of Polygon's next phase of growth.  Feature MATIC Polygon Ecosystem Token(POL) Primary Function Gas fee payment and staking token for Polygon PoS network Gas fee payment and staking token for the entire Polygon ecosystem, including the new AggLayer Utility Used mainly for transaction fees and staking on the Polygon PoS chain Expands utility to secure multiple chains, participate in governance, and support additional roles within the AggLayer Validator Incentives Validators are rewarded primarily for securing the Polygon PoS chain Increased incentives, allowing validators to secure multiple chains, generate ZK proofs, and participate in Data Availability Committees (DACs) Governance Limited governance capabilities Full governance rights over the Community Treasury, influencing development and research funding Supply Initial supply of 10 billion tokens Same initial supply of 10 billion tokens with an annual emission rate of 1% for staking rewards and community treasury funding Migration No migration required; holders automatically retain MATIC MATIC will be swapped 1:1 for POL; requires manual migration for holders on Ethereum and zkEVM if not automatically managed by exchanges   Top CEXs Will Support the POL Migration Before the Due Date  Leading centralized exchanges (CEXs) are taking proactive steps to ensure a smooth migration from MATIC to POL for their users. KuCoin has been supporting the migration since early 2023. The exchange has announced that POL has been available on its spot trading platform since November 9, 2023. KuCoin users can already deposit POL tokens and trade the POL/USDT pair. Users can choose to sell MATIC and buy POL if they want, gaining earlier access to trading POL before any other top exchanges.    Beyond KuCoin, other leading exchanges are ensuring that their users can transition to POL with ease, reflecting the industry’s dedication to supporting this significant upgrade. Most CEXs will handle the entire migration process, including the automatic conversion of MATIC to POL at a 1:1 ratio. Starting on September 4, 2024, they will suspend MATIC deposits and withdrawals, and will delist all MATIC trading pairs a few days later. These CEXs will list new POL trading pairs, allowing users to trade POL seamlessly. This approach ensures minimal disruption for users during the transition; however, the process will cause some delays to MATIC and POL holders.   How You Can Get Ready for the Upcoming POL Migration What the MATIC to POL transition means for users | Source: X    For most MATIC holders, the migration to POL will be automatic, requiring little to no action. However, there are essential details to be aware of, depending on where you hold your MATIC tokens.   Polygon PoS Holders: If your MATIC is on the Polygon PoS chain, the migration will be seamless. Your MATIC tokens will automatically convert to POL on September 4, 2024. Ethereum and zkEVM Holders: If you hold MATIC on Ethereum or Polygon zkEVM, you will need to use a migration contract to swap your tokens for POL. This process ensures that your tokens are correctly converted and recognized in the new system. Centralized Exchange Users: Most centralized exchanges will automatically handle the conversion for you. However, it’s crucial to verify this with your exchange to avoid any potential issues. For instance, KuCoin already supports the POL token and will make it easier for users to migrate from MATIC to POL ahead of the September 4 deadline.  Risks to Watch Out For During the POL Migration  Scams and Phishing Attempts: Users should be cautious of any third-party services or links claiming to help you migrate your tokens. Always use official channels and double-check URLs before connecting your wallet. Transaction Fees: While some exchanges might cover transaction fees for the migration, always confirm this to avoid unexpected costs. Potential Downtime: During the migration period, there may be brief periods of downtime or reduced functionality on certain platforms. Plan your transactions accordingly. Conclusion The migration from MATIC to POL is a critical step in Polygon's 2.0 roadmap, designed to enhance the network's scalability, security, and overall usability. POL introduces new functionalities, such as the ability for validators to secure multiple chains and participate in governance, positioning it as a key asset in Polygon's evolution.   However, it's essential to approach this transition with caution. Users should stay informed by verifying the details with their exchange or wallet provider and understanding the implications of the migration. As with any major upgrade, there are inherent risks, such as potential technical issues or delays, which could impact the migration process. Ensuring that you are fully prepared and aware of these risks will help you navigate this transition smoothly and take advantage of the opportunities that POL offers.  

Scroll is an Ethereum Layer 2 scaling solution utilizing zkEVM technology, designed to improve scalability, reduce transaction costs, and maintain the security of the Ethereum network. Although Scroll has not yet launched a native token, the possibility of an airdrop has generated significant interest within the crypto community. Here’s everything you need to know about the potential Scroll airdrop and how you can participate in it.    Quick Take Engage actively in Scroll's ecosystem—interact with dApps, provide liquidity, and partake in Scroll Sessions—to boost airdrop eligibility. You can perform the following tasks to increase your chances to earn Scroll airdrop: bridging tokens, providing liquidity, and interacting with dApps on Scroll's network.  The Scroll airdrop claim period is from August 15, 2024, to September 15, 2024. Introduction to Scroll and Its Ecosystem Scroll is an Ethereum Layer-2 network designed to enhance the scalability and efficiency of the Ethereum blockchain through the use of zkEVM (zero-knowledge Ethereum Virtual Machine) technology. Scroll operates as a zero-knowledge rollup, where it processes transactions off-chain and bundles them into a single proof that is then validated on the Ethereum mainnet.    This approach drastically reduces the amount of data stored on-chain, significantly lowering transaction costs while maintaining high throughput and security. By being fully compatible with Ethereum's Virtual Machine (EVM), Scroll allows developers to seamlessly deploy and manage decentralized applications (dApps) with the same tools they use on Ethereum, making it an attractive option for scaling Ethereum projects.    Potential Scroll Airdrop and Eligibility The Scroll airdrop is highly anticipated, with eligibility based on users' activities within the Scroll ecosystem. This includes interacting with Scroll's testnet and mainnet, providing liquidity, bridging assets, and using various dApps built on the Scroll network.   To maximize your chances of receiving the airdrop, it's crucial to be an active participant in these activities. The Scroll team has emphasized that regular interaction with the platform increases eligibility, especially for those who participate in Scroll Sessions, a loyalty program where users earn points (Marks) that could convert into airdropped tokens.   Key Dates and Airdrop Timeline Snapshot Date: July 15, 2024 Airdrop Announcement: August 1, 2024 Claim Period: August 15, 2024 – September 15, 2024 Redistribution: Unclaimed tokens will be redistributed after the claim period ends. How to Participate in the Scroll Airdrop To participate in the Scroll airdrop, follow these detailed steps to maximize your chances of receiving tokens:   Step 1: Connect Your Wallet and Add Scroll Network Begin by connecting your MetaMask wallet to the Scroll network. To do this, visit the Scroll mainnet page and follow the instructions to add the Scroll network to your MetaMask wallet. This setup allows you to interact with the Scroll network and prepare for future transactions and airdrop activities. Ensure that your MetaMask is configured to handle both the Scroll testnet and mainnet.     Step 2: Acquire Goerli ETH and Bridge to Scroll Goerli ETH is a testnet token required to participate in Scroll's testnet activities. You can acquire Goerli ETH through various faucets, such as Alchemy Goerli Faucet, where you sign up and request ETH for your MetaMask wallet. Once you have Goerli ETH, you need to bridge it to the Scroll Layer 2 network using the Scroll Alpha Bridge. This step demonstrates your activity within the Scroll ecosystem, which is crucial for eligibility. Step 3: Interact with dApps on Scroll Network Engage with dApps on the Scroll network to increase your activity score. Popular dApps include:   Uniswap: Use the Scroll version of Uniswap to swap tokens, wrap ETH to WETH, and add liquidity to ETH-USDC pools. These actions are pivotal as they show your active participation in the Scroll DeFi ecosystem. Scroll Guardians: If you're interested in GameFi, mint an NFT hero and participate in boss battles. This interaction not only adds to your on-chain activity but also diversifies the types of transactions you engage in. Scroll Guild: Join the Scroll Guild by connecting your wallet, Twitter, and Discord accounts. The guild assigns roles based on your participation, which could further enhance your eligibility for the airdrop. Step 4: Provide Liquidity and Participate in Lending Markets Providing liquidity is another critical action. Visit DeFi platforms like Ambient or Nuri, which are part of the Scroll ecosystem, and add liquidity to pools. For those interested in lending, platforms like Aave allow you to supply assets and earn interest, which further contributes to your on-chain activity. Remember, the more you interact, the higher your chances of receiving an airdrop.   Step 5: Deploy Smart Contracts (For Developers) If you’re a developer, deploying smart contracts on the Scroll network can significantly boost your eligibility. By following development guides and using tools like Truffle, you can deploy contracts and interact with them, showing your technical engagement with the network.   Step 6: Participate in Scroll Sessions and Earn Marks Scroll Sessions is a loyalty program where users earn points, known as Marks, for various activities like bridging assets, providing liquidity, and participating in lending markets. These Marks could potentially be converted into airdropped tokens. Keep an eye on updates and participate regularly to accumulate as many Marks as possible.      Conclusion The Scroll airdrop represents a significant opportunity for early users and developers to earn rewards by contributing to the ecosystem. By actively participating in the Scroll network, providing liquidity, bridging assets, and engaging with dApps, you can maximize your chances of receiving a portion of the airdrop. Remember to stay informed and act within the specified timelines to claim your rewards.

As the Paris 2024 Summer Olympics approach, the excitement extends beyond the sports arena into the cryptocurrency world. Investors are buzzing about Olympics-themed memecoins that could see substantial demand and activity. Here are the top Olympic tokens to watch:   Quick Take  The Meme Games ($MGMES): Ethereum-based token with unique 169-meter dash event and 1,218% APY staking, poised for strong market entry. PlayDoge ($PLAY): Ethereum-based mobile game offering Tamagotchi-like experience with an 84% annual staking yield. Mega Dice Token ($DICE): Solana-based token featuring profit-sharing, premium content access, and significant airdrop campaign. Solympics (SOLYMPICS): Solana-based token with a rapid price surge and high visibility aligned with the Olympic theme. Gold Medal Token (OlympicGM): Solana-based token offering Olympic predictions and engaging airdrops, launching July 26, 2024. Olympic Games Token (OGT): Solana-based token focused on fan engagement, athlete support, and sustainability, launching July 26, 2024. Olympic Game Doge (OGD): BNB Chain token with deflationary tokenomics and a clear roadmap for long-term growth. The Meme Games ($MGMES) The Meme Games ($MGMES) is officially designated as the meme coin of the 2024 Olympics. Based on the Ethereum blockchain, combines humor with innovative tokenomics, aiming to capitalize on its Olympic association for global recognition.   Key Features Unique 169-Meter Dash Event: Features five iconic meme coin characters – Dogecoin, Pepe, Floki, Turbo, and Dogwifhat – in a virtual race. 25% Bonus: Investors can win a 25% bonus if their chosen character wins. Staking Feature: Offers an impressive 1,218% APY, attracting significant investor interest. With the presale raising $130,000 within the first 24 hours and concluding on September 8, 2024, $MGMES is poised for a strong market entry. The combination of Olympic hype and innovative features makes it a compelling investment.   PlayDoge ($PLAY) PlayDoge ($PLAY) is an Ethereum-based crypto gaming project that merges meme culture with '90s nostalgia. It offers a Tamagotchi-like experience for the Web3 era.   Key Features Mobile Game: Players care for a virtual Doge pet and earn PLAY tokens. Mini-Games and Leaderboards: Enhances user engagement and token-earning potential. Staking Program: Offers an annual yield of 84%, higher than most staking coins. Endorsed by prominent crypto traders and YouTubers, PlayDoge is set to attract early supporters with its engaging ecosystem and high earning potential. Its roadmap includes a DEX launch and listings on CEXs, making it a promising investment.   Mega Dice Token ($DICE) Mega Dice Token ($DICE) is the native currency for Mega Dice, a Solana-based online gaming platform. It offers token holders a stake in the platform’s profits.   Key Features Profit-Sharing: Investors receive daily rewards based on the platform’s performance. Exclusive Access: Grants access to premium content and limited-edition NFTs. Airdrop Campaign: Distributing $2.25 million across three seasons, incentivizing participation. With over $1.6 million raised in its presale and a strong community, $DICE offers a unique profit-sharing model. The staking app and airdrop campaign further enhance its attractiveness as an investment.   Solympics (SOLYMPICS) Solympics (SOLYMPICS) is an Olympics-themed Solana memecoin, capturing the excitement of the Games with its branding and marketing.   Key Features Rapid Price Surge: Skyrocketed 412.75% in 24 hours. High Visibility: Trending on Dexscreener and capturing attention despite controversy over token distribution. Despite concerns about a potential rug pull, the initial excitement and significant price increase indicate strong interest. Its alignment with the Olympics theme makes it a potential high-gain investment during the Games.   Read more: What Is Pump.fun, and How to Create Your Memecoins on the Platform?   Gold Medal Token (OlympicGM) Gold Medal Token (OlympicGM) is designed to make investors feel like champions in a blockchain-based Olympics. It combines the thrill of competition with the excitement of the Olympics.   Key Features Predict and Win: Investors can predict Olympic champions and earn rewards. Exclusive Club: Join an elite group of digital athletes and diversify your portfolio with this unique token. Exciting Airdrops: Engages users with regular airdrops and interactive events. Launching on July 26, 2024, OlympicGM offers a unique blend of entertainment and investment. Its focus on engaging users through predictions and rewards makes it an attractive option during the Olympics.   Olympic Games Token (OGT) Solana-based Olympic Games Token (OGT) aims to enhance fan engagement and support athletes, with its launch tied to the 2024 Olympics.   Key Features Fan Engagement: Token holders can participate in exclusive events and vote on athlete awards. Athlete Support: Proceeds from token sales support athletes. Sustainability Initiatives: Funds eco-friendly projects aligned with the Paris 2024 commitment to sustainability. With its launch on July 26, 2024, $OGT leverages the Olympic spirit to attract a global audience. Its unique focus on fan engagement and sustainability makes it an appealing investment during the Olympics.   Olympic Game Doge (OGD) Olympic Game Doge ($OGD) is a rapidly growing community token on the BNB Chain, designed to restore trust in the market and provide various benefits to its holders.   Key Features Community-Driven: Focuses on building a robust and supportive community. Deflationary Tokenomics: Employs techniques like auto-burn and buyback to ensure continuous growth. Extensive Roadmap: Includes new partnerships, exchange listings, staking platform, NFTs, and large marketing campaigns. With a clear roadmap and strong community support, $OGD aims to become a beloved and successful project. Its unique deflationary tokenomics and focus on community engagement make it a standout choice for investors looking for long-term growth and stability.   Conclusion As the Paris 2024 Olympics ignite global excitement, these Olympics-themed memecoins present interesting investment opportunities. From innovative gaming features to profit-sharing models, $MGMES, $PLAY, $DICE, SOLYMPICS, OlympicGM, $OGT, and $OGD are poised to capture the attention of crypto enthusiasts and investors alike. However, it's important to remember that investing in cryptocurrencies, particularly memecoins, carries significant risks due to their volatility and speculative nature. Potential investors should conduct thorough research and consider their risk tolerance before investing in these tokens. Read more: Top PolitiFi Tokens to Watch During the US Presidential Elections

The United States listed spot Ether exchange-traded funds (ETFs) saw a remarkable start, generating around $1.08 billion in cumulative trading volume on their first day. This volume represents roughly 23% of what the spot Bitcoin ETFs experienced on their opening day.   Quick Take Ether ETFs generated $1.08 billion in trading volume on their debut. The inflows to the new ETFs were substantial, overcoming outflows from Grayscale's converted trust. Grayscale and BlackRock led with $458 million and $248.7 million, respectively. Fidelity and Bitwise rounded out the top four with significant volumes. Analysts predict continued strong performance and inflows of up to $325 million in Grayscale’s ETHE. The launch of spot Ether ETFs follows the US securities regulator’s approval of the final S-1 forms, enabling their listing on platforms like Nasdaq, NYSE Arca, and Chicago Board Options Exchange.   Ether ETFs Debut with Over $1B Trading Volume  Ethereum ETFs total trading volume on July 23 | Source: X   The Grayscale Ethereum Trust (ETHE) and BlackRock’s iShares Ethereum Trust (ETHA) were the top performers, with trading volumes of $458 million and $248.7 million, respectively. Preliminary data from Bloomberg ETF analyst Eric Balchunas highlighted these figures.   Following closely were Fidelity’s Ethereum Fund (FETH) and Bitwise’s Ethereum ETF (ETHW), which posted $137.2 million and $94.3 million in volumes. However, the 21Shares-issued spot Ether ETF lagged, failing to reach the $10 million mark.   Balchunas described the $625 million volume from the “Newborn Eight” products — excluding Grayscale’s ETHE — as “healthy” and anticipated a significant portion converting to inflows.   James Seyffart, another Bloomberg ETF analyst, expects inflows between $125 million and $325 million, depending on the number of investors firms had lined up. For context, spot Bitcoin ETFs saw $655.2 million in inflows on their first trading day, including a $95 million outflow from Grayscale’s converted Bitcoin product.   Strong First-Day Inflows of Over $106M Despite Grayscale Outflows Ethereum ETF inflows | Source: Cointelegraph    The new Ether ETFs posted a net inflow of $106.6 million on their first day, despite significant outflows from Grayscale’s freshly converted Ethereum Trust. BlackRock’s iShares ETF (ETHA) led with $266.5 million in inflows, followed by Bitwise’s Ethereum ETF (ETHW) with $204 million. Fidelity’s Ethereum Fund (FETH) secured third place with $71.3 million.   These inflows were sufficient to offset the $484.9 million outflow from Grayscale’s Ethereum Trust, which now allows investors to sell shares more easily due to its conversion to a spot ETF.   Several ETF Issuers Waive Fees Temporarily Ethereum ETF issuers waive fees | Source: X   Several firms, including Fidelity, 21Shares, Bitwise, Franklin, and VanEck, have waived fees on their ETFs temporarily or until reaching a specific amount in net assets. Most spot Ether ETFs will offer a base fee between 0.15% and 0.25% after this period. Notably, ETHE’s fee remains at 2.5%.   BlackRock is offering a discounted fee of 0.12% for the first 12 months or until the fund reaches $2.5 billion in net assets. The Grayscale Ethereum Mini Trust follows a similar structure.   Bitcoin ETFs vs. Ether ETFs: Comparing Dynamics In January, spot Bitcoin ETFs faced a similar dynamic, with Grayscale’s Bitcoin Trust seeing over $17.5 billion in outflows following the launch of 11 spot BTC funds. Analysts expect the introduction of Ether ETFs to similarly drive institutional participation and broader adoption of digital assets.   However, Bloomberg's Eric Balchunas suggests that Ether ETFs may initially play a secondary role to Bitcoin ETFs in terms of inflows. He notes that Bitcoin’s narrative is simpler to explain to traditional investors compared to Ethereum’s complex ecosystem.   Read more:  Best Ethereum ETFs to Watch in 2024 Best Spot Bitcoin ETFs to Buy in 2024 Nansen Launches Ether ETF Dashboard Nansen, a blockchain analytics provider, launched the industry’s first Ether ETF analytics dashboard, offering real-time insights and data for traders. This tool aims to enhance transparency and provide crucial information on ETF flows.   Edward Wilson, an analyst at Nansen, believes that the new ETFs could introduce substantial new capital into the crypto space. He anticipates that Ether ETFs might capture about 25% of the assets under management (AUM) of current spot Bitcoin ETFs.   How Will the Spot Ethereum ETFs Impact ETH Price and Supply Dynamics?  ETH/USDT price chart | Source: KuCoin    The introduction of these ETFs is expected to drive up the price of ETH due to increased demand. Unlike Bitcoin, a significant portion of ETH is locked in staking and smart contracts, contributing to its scarcity and potential for sharper price movements.   The SEC’s restriction on staking ETF-held ETH could lead some investors to prefer direct staking over ETFs, potentially moderating the demand for ETFs. Nevertheless, the distinct audiences for direct ETH holding versus ETF investments will likely persist.   Read more: What’s the Ethereum Price Prediction After SEC Approves Spot Ether ETFs?   Conclusion The approval of spot Ether ETFs by the SEC marks a significant milestone for Ethereum, potentially attracting a broader range of investors and significantly influencing its market dynamics. As the market adjusts, the interplay between direct ETH holding, staking, and ETF investments will play a crucial role in shaping the future of the Ethereum ecosystem. Investors should remember that all investments carry risks, and it's essential to conduct thorough research and consider these risks before making any investment decisions.

After years of regulatory hurdles and numerous amended filings, spot Ethereum ETFs are finally arriving. For the first time, shares of publicly traded Ethereum (ETH) ETFs will be listed alongside giants like Apple Inc. (AAPL) and SPDR S&P 500 ETF Trust (SPY) on some of the United States’ most popular brokerage platforms.   Quick Take  Spot Ethereum ETFs are set to debut on major U.S. exchanges on July 23, 2024. Nine ETFs with different fee structures will be available through major brokerage platforms. Staking isn't included in the initial offerings. This landmark event is a significant milestone for cryptocurrency markets, offering a new opportunity for millions of US institutional and retail investors.   When Will Spot Ether ETFs Be Available? The Chicago Board Options Exchange (CBOE) has confirmed July 23 as the launch date for the five ETFs assigned to trade on its platform:   21Shares Core Ethereum ETF Fidelity Ethereum Fund Invesco Galaxy Ethereum ETF VanEck Ethereum ETF Franklin Ethereum ETF A comparison table of the first 9 spot ETH ETFs | Source: Cointelegraph    Read more: Best Ethereum ETFs to Watch in 2024   The remaining four ETFs are expected to trade on either Nasdaq or New York Stock Exchange (NYSE) Arca around the same date.   Where Can You Buy Ethereum ETF Shares? The short answer is almost any major brokerage platform. Each of the spot ETH ETFs set to list in late July has obtained regulatory approval to trade on a major U.S. exchange such as Nasdaq, NYSE Arca, or CBOE BZX. Investors will be able to trade these ETFs through well-known brokerages like Fidelity, E*TRADE, Robinhood, Charles Schwab, and TD Ameritrade.   Nine spot Ether ETFs are set to begin trading. Despite their similarities in structure—each holding spot ETH with a qualified custodian and benefiting from standard investor protections—the deciding factor for many investors will be fees.   Fee Comparisons For eight of the nine ETFs, management fees range from 0.15% to 0.25%. However, the Grayscale Ethereum Trust (ETHE), which started trading under a different fund structure in 2017, charges a significantly higher fee of 2.5%.   Most Ethereum ETFs are temporarily waiving or discounting fees to attract investors. The Grayscale Ethereum Mini Trust (ETH) leads the pack with the lowest management fees of 0.15%, waived entirely for the first six months or until the fund reaches $2 billion in assets under management (AUM).   Franklin Templeton’s Franklin Ethereum ETF (EZET) offers a competitive 0.19% fee, waived through January 2025 or until the fund clears $10 billion in AUM.   Will Spot Ether ETFs Offer Staking? The short answer here is "No." Staking involves depositing ETH to a validator node on Ethereum’s Beacon Chain, earning rewards but risking forfeited collateral if the validator misbehaves. While staking significantly boosts returns, regulatory concerns around liquidity have kept it off the table for now.   Issuers like Fidelity, BlackRock, and Franklin Templeton have sought approval to add staking to spot ETH ETFs, but the SEC has denied these requests. Staked ETH typically takes days to withdraw, creating potential issues for promptly redeeming ETF shares.   Market Predictions: Ethereum Price to Touch $5,000 by End-2024? Cboe, the Chicago Board Options Exchange, will list five new Ether ETFs on July 23, pending regulatory approval. The ETFs from 21Shares, Fidelity, Franklin, Invesco Galaxy, and VanEck will trade on the BZX Exchange. The SEC approved Form 19b-4 filings for these ETFs in May, but the funds still require S-1 registration statement approval to launch.   Analysts predict initial volatility post-ETP launch but expect a positive overall trend. The introduction of spot Ethereum ETFs is anticipated to significantly impact Ether prices, potentially driving ETH above $5,000 by year-end.   Wall Street’s Ether Price Prediction of $8,000 Wall Street has varying outlooks on how Ethereum will move once ETFs launch. Standard Chartered has projected that Ether will hit $8,000 by the end of the year, driven by ETF inflows estimated between $15 billion to $45 billion within 12 months.   JPMorgan and Citi predict more modest inflows compared to Bitcoin's ETFs, citing Bitcoin's first-mover advantage and Ether’s unique functionalities that aren't accessible through ETFs, like staking.   However, firms like Steno Research and Galaxy Digital anticipate strong inflows, suggesting Ether could achieve significant gains even without matching Bitcoin’s ETF flows.   Read more: Ethereum Spot ETF Likely Starts Trading on July 23: Price Prediction   Current Ethereum Price Faces Support Level at $3,400 ETH/USDT price chart | Source: KuCoin    As Ethereum prepares for the ETF launch, its price has been experiencing notable movements. On July 21, Ethereum's price peaked at $3,529, consolidating within a narrow channel between $3,450 and $3,550 over the weekend. This stability indicates a strong psychological support level around $3,400.   However, bear traders have mounted $704 million in short contracts, anticipating a "sell-the-news" scenario following the ETF launch. This high volume of short positions has contributed to Ethereum's price stagnation, contrasting with Bitcoin's recent gains.   Technical indicators suggest a cautious outlook. The Bollinger Bands show a contracting range, indicating lower volatility and potential consolidation. The upper band is at $3,631.12, and the lower band is at $2,852.28, outlining critical resistance and support levels. Bulls need to maintain the $3,400 support level to prevent further declines. If this support fails, the next key support zone lies around the lower Bollinger Band at $2,852.   The RSI (Relative Strength Index) reads 58.34, close to overbought conditions, suggesting limited upside before a potential correction for the short term.   Conclusion The debut of spot Ethereum ETFs marks a significant moment for the crypto industry. While initial market reactions may vary, the long-term outlook suggests that these ETFs could attract substantial new investments in Ether. Investors should remain aware of the potential risks and conduct thorough research before making any investment decisions.   Read more: What’s the Ethereum Price Prediction After SEC Approves Spot Ether ETFs?

On Thursday, July 18, 2024, Indian cryptocurrency exchange WazirX detected a severe security breach involving its Safe Multisig wallet on the Ethereum network. The breach resulted in unauthorized transfers of approximately $234.9 million worth of digital assets to a new address, according to a report from Cointelegraph.   Quick Take  WazirX's Safe Multisig wallet on Ethereum has been compromised, resulting in the transfer of over $230 million worth of crypto assets, including SHIB, ETH, and MATIC.  In response, WazirX pauses all withdrawals to protect user funds. Both Cyvers and ZachXBT are actively investigating the breach.   Cyvers’ alert about WazirX hack | Source: X    The security breach was first reported by Web3 security firm Cyvers. According to Cyvers, the funds were transferred from WazirX’s wallet to a new address, which had been funded by Tornado Cash, a decentralized protocol known for private transactions.   List of crypto assets stolen in WazirX hack | Source: LookOnChain on X   The moved funds included a mix of Shiba Inu (SHIB), Tether (USDT), Pepe (PEPE), and Gala (GALA), which were subsequently swapped into Ether (ETH).   Further Analysis by ZachXBT: Over $100M SHIB Stolen On-chain investigator ZachXBT provided additional insights into the wallet's holdings. According to ZachXBT, the suspected primary attacker still holds significant amounts of various cryptocurrencies, including:   $100 million in Shiba Inu (SHIB) $52 million in Ethereum (ETH) $11 million in Polygon (MATIC) $4.7 million in Floki Inu (FLOKI) $3.2 million in Fantom (FTM) $2.8 million in Chainlink (LINK) $2.3 million in Fetch.ai (FET) WazirX’s Response Source: WazirX on X    In response to the breach, WazirX has temporarily suspended all cryptocurrency and INR withdrawals on the platform to safeguard user assets. In an official X post, the exchange acknowledged the incident, stating:   "We are aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident. To ensure the safety of your assets, INR and crypto withdrawals will be temporarily paused."   Potential Links to High-Profile Hacks The breach's association with Tornado Cash has raised concerns about the attack's potential links to high-profile hacking groups. Deddy Lavid, CEO of Cyvers, noted similarities between this breach and previous attacks attributed to the notorious Lazarus Group, a North Korean state-sponsored hacking collective.   Both Cyvers and ZachXBT are actively monitoring the situation. The compromised funds' swift movement and conversion into different digital assets suggest an attempt to launder the stolen assets.   Broader Implications for the Crypto Market This breach marks the second-largest crypto hack of 2024, following the DMM Bitcoin security breach in May. The incident highlights the growing need for robust security measures in the crypto industry, especially for exchanges handling large volumes of digital assets.   Conclusion As WazirX actively investigates the breach, it's still early to determine whether the stolen funds can be fully recovered or if user funds have been affected.  The full impact of the breach remains uncertain and users are advised to stay informed through official updates from WazirX as the situation develops.   

Le marché de l'Ethereum est au bord d'un développement significatif qui pourrait modifier sa trajectoire de manière spectaculaire. L'approbation des fonds négociés en bourse (ETFs) Ethereum Spot, précédemment attendue pour le 18 juillet, est désormais prévue pour le 23 juillet. Ce retard a maintenu le marché en haleine, mais l'approbation potentielle marque un moment charnière pour l'Ethereum et le marché plus large des cryptomonnaies.   Le prix de l'Ethereum bondit de 7% en attendant avec impatience le lancement de l'ETF Spot   L'approbation de ces ETFs est très attendue, avec des gestionnaires d'actifs majeurs tels que BlackRock, VanEck et Franklin Templeton prêts à recevoir le feu vert. Ce développement signifie que la Securities and Exchange Commission (SEC) des États-Unis se dirige vers une acceptation financière grand public des actifs numériques. En conséquence, l'Ethereum (ETH), la deuxième plus grande cryptomonnaie au monde par capitalisation boursière, a déjà connu une augmentation de prix de 7 % suite aux mises à jour des analystes de Bloomberg, se négociant actuellement autour de 3 397 $ au moment de la rédaction de cet article.    Graphique des prix ETH/USDT | KuCoin    L'analyste crypto Andrew Kang prédit que l'ETH pourrait grimper à 3 600 $ avant l'approbation de l'ETF en raison du rallye de soulagement actuel du marché. Cependant, il avertit qu'après l'approbation, l'ETH pourrait voir une baisse dans sa paire ETH/BTC, ce qui indique que le Bitcoin pourrait mieux performer à court terme en raison des dynamiques sous-jacentes du marché, selon un rapport de Beincrypto.     « ​​ETH se rapproche de 3 600 $ avant l'ETF dans ce rallye de soulagement. Je crois toujours que l'ETHBTC sera en baisse pendant un certain temps après l'approbation/le lancement de l'ETF. Bitcoin plus fort que prévu face aux dynamiques de structure de marché médiocres me conduit à croire qu'il y a probablement quelques développements majeurs non annoncés en cours de préparation », a écrit Kang sur X (Twitter).   Le ratio ETH/BTC augmente au-dessus de 0,5 avec l'attente de l'approbation de l'ETF  Source : Kaiko Asset Prices.  Le marché au comptant de l'Ethereum s'est refroidi alors que les traders attendent le lancement de l'ETF. Depuis l'approbation initiale de la SEC, les prix de l'ETH ont chuté de près de 20 %. Malgré cela, le ratio ETH/BTC reste élevé à 0,05, supérieur aux niveaux pré-approbation de 0,045, ce qui suggère que l'Ethereum pourrait surperformer le Bitcoin après le lancement des ETF, selon un rapport de Kaiko Research.   Les conditions de liquidité se sont améliorées, avec une profondeur de marché de 1 % pour l'ETH se maintenant autour de 230 millions de dollars, contre moins de 200 millions de dollars avant l'approbation initiale de la SEC. Cette liquidité accrue pourrait encore s'améliorer avec le lancement officiel de l'ETF, comme on l'a vu avec le Bitcoin plus tôt dans l'année.   Cependant, les marchés des futures perpétuels pour l'ETH ont montré une tendance différente. Les taux de financement ont été divisés par deux depuis mai, indiquant moins de conviction de la part des traders, et l'intérêt ouvert est passé de 11 milliards de dollars après l'approbation à des niveaux actuels, reflétant l'incertitude quant au moment exact des lancements des ETF. La volatilité implicite des contrats d'options à court terme a également augmenté, indiquant que les traders se couvrent contre d'éventuelles fluctuations de prix à court terme, selon le rapport de Kaiko Research.   Quel est le pronostic des prix de l'ETH avant et après l'approbation de l'ETF Avant l'approbation de l'ETF, le prix d'Ethereum devrait voir une tendance haussière. Le rallye de soulagement pourrait pousser l'ETH à près de 3 600 $, L'anticipation des ETFs génère un sentiment positif, et toute confirmation ou fuite supplémentaire concernant l'approbation pourrait voir cet élan à la hausse se poursuivre. Après l'approbation, le marché pourrait connaître un phénomène de "sell the news". Malgré les implications positives à long terme de l'approbation de l'ETF, les traders à court terme pourraient prendre des profits, entraînant une baisse temporaire des prix de l'ETH. Cependant, à moyen et long terme, l'augmentation de la liquidité, de l'acceptation et de la clarté réglementaire fournie par les ETFs devrait soutenir une tendance haussière pour Ethereum. Les analystes suggèrent que l'ETH pourrait se consolider et reprendre sa trajectoire ascendante, atteignant potentiellement de nouveaux sommets à mesure que les institutions financières traditionnelles et les investisseurs particuliers accèdent plus facilement à la cryptomonnaie via ces ETFs.   Selon Eric Balchunas, expert en ETF chez Bloomberg, les transactions pour les ETFs ETH devraient commencer le 23 juillet 2024. Les analystes de marché prédisent des flux importants en raison de l'approbation de l'ETF, dépassant peut-être les attentes initiales.   Les ETFs Ethereum commenceront à être négociés juste avant la conférence Bitcoin 2024, ce qui pourrait stimuler l'intérêt et les discussions autour d'Ethereum. Conclusion  En conclusion, l'approbation potentielle des ETFs Ethereum Spot le 23 juillet marque une étape importante. Bien que la volatilité à court terme soit attendue, les perspectives à long terme restent positives, avec une augmentation de la liquidité et une acceptation plus large favorisant la croissance d'Ethereum sur les marchés financiers, suivant un modèle similaire à celui de l'approbation des ETFs Bitcoin en janvier dernier.   Lire la suite : Ethereum dépasse les 3 300 $ : des approbations d'ETF attendues cette semaine ?