705086
ETHCC

@ethcc #705086

Gm Farcaster Community.
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$etcc if this was Nasdaq would be $3+ already from that news
A huge thanks to everyone who turned up for An Evening With DL News - ETHCC edition.

We heard fascinating insights from @hesterpeirce, @alexblinton, @circle ,@trmlabs, and @Marianadlrw . We were also fortunate enough to enjoy the best weather of the week from a beautiful rooftop venue.

Special thanks to @InbarPreiss for dazzling as host, and @validvent for partnering with us in this edition. The team at @dl_research was delighted to participate, and we look forward to future conversations.

Next up: LONDON!! Stay tuned for details.
WEB3 WATCH: Some EthCC attendees want to see more consumer apps

https://blockworks.co/news/ethcc-2024-attendees-want-web3-apps
#Ethcc2024 is a wrap! Launching #MindNetwork's Alpha Mainnet (dapp.mindnetwork.xyz) during EthCC provided us with even more momentum, and we are working behind the scenes every day to roll out new integrations!

The theme of the week was definitely...side events! So many side events!
Enjoying my last day at #EthCC7. I've seen tech legends, met old friends, made new ones, learned a lot about #Web3, collected great #eth goodies, gathered #POAPs... and this is just a glimpse of the joy I experience every year. Thx @EthCC crew for your incredible work!!!
That’s right, frens!

EthCC[8] will take place in the beautiful city of…Cannes!

See you there in 2025
Key highlights included the EthVC track, which provided a platform for blockchain startups to pitch their projects to venture capitalists. This initiative aimed to bridge the gap between VCs and emerging blockchain projects​
Ethereum ETF Approval: The recent approval of Ethereum exchange-traded funds (ETFs) has sparked bullish predictions for ETH's price. Experts like Rachel Lin, CEO of SynFutures, predict that Ethereum could see a surge of up to 500%, potentially reaching between $15,000 to $22,500 this cycle​ (markets.businessinsider.com)​. This is seen as a pivotal moment for Ethereum, potentially driving a major bull run in the coming months.

Market Performance: Ethereum is currently trading around $3,127.86 to $3,436.56 depending on the exchange. This reflects a general positive sentiment in the market, with some fluctuations in prices observed over the past few days​ (Decrypt)​.

Earnings and Revenue Growth: Ethereum's network earnings have seen substantial growth. In Q1 2024, Ethereum's fees increased by 79
Bitcoin Price and Market News:

- Bitcoin's price rose above $57,000, currently trading at $57,083.
- Ethereum has gained 0.7% over the last 24 hours, trading at $3,083.
- BONK and BRETT showed the strongest performance with 13% and 10% gains respectively over the last 24 hours.
- On July 8, Bitcoin SPOT ETFs reported net positive inflows of $294.9 million.
- The German government moved an additional 400 BTC to Kraken.

Blockchain Projects:

- Ethereum is set to launch a $2 million reward pool for its first-ever hackathon.
- BlackRock's USD Institutional Digital Liquidity Fund has reached a $500 million market capitalization.
Here are the latest updates on Ethereum as of today:

Spot Ethereum ETFs: The SEC has requested resubmissions of S-1 forms for spot Ether ETFs, potentially delaying their launch until mid-to-late July. Despite this, there is optimism in the market about the eventual approval of these ETFs, which could attract significant capital inflows and potentially drive a rally in Ethereum's price​ (Cointelegraph)​​ (CoinDesk)​.

Dencun Update: Ethereum has recently implemented the Dencun upgrade, the most significant update to the network in over a year. This upgrade aims to improve scalability by introducing proto-danksharding, which is expected to reduce fees for layer 2 rollup networks like Optimism and Arbitrum. While many see this as a positive step toward enhancing Ethereum's capacity and affordability, some concerns remain about its long-term impact​.
Today, the key news around Ethereum includes a delay in the approval of spot Ethereum exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) has pushed the decision from the initially expected date of July 2 to July 8, due to the need for issuers to resubmit their S-1 forms with minor revisions. This delay means the ETFs might now launch in mid-to-late July​ (cointelegraph)​​ (thedefiant)​​ (beincrypto)​.

Despite the delay, there is significant anticipation and potential for the Ethereum ETFs to attract substantial investment once approved. Analysts predict that these ETFs could draw in billions of dollars, with estimates suggesting up to $1 billion in monthly inflows during the first five months​ (beincrypto)​​

The current price of Ethereum has been rising, reaching $3,520 recently. However, the market remains cautious, with the price fluctuating within a descending channel. The approval of the ETFs could serve as a major catalyst for further price movements​.
Today's Ethereum news highlights several significant developments:

Approval of Ethereum ETFs: The US Securities and Exchange Commission (SEC) has approved the first spot Ethereum exchange-traded funds (ETFs). This approval allows asset managers like Grayscale, Fidelity, and Bitwise to list their Ethereum ETFs on various exchanges. This milestone is expected to boost investor confidence and increase market liquidity for Ethereum, which rose 2% on the news​ (CryptoSlate)​.
🚀 Breaking News! snowbridge, the trustless bridge between Polkadot and Ethereum, is now live!

🌉Smoothly running for two weeks, Snowbridge enhances interoperability without multi-sig or third-party involvement.

✨The team's Treasury Proposal secures 2024 funding, operating costs, and team incentives, ensuring long-term success.
Well, would you look at that

Crypto analytics firms use meaningful wallets as a metric to gauge a token's user and investor base.

Since last fall, the growth of #ICP meaningful wallets has been on the rise, indicating increased adoption and distribution of the ICP token 📈
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