Bitget Research Institute: Ethereum ETF is expected to be approved in the summer, CRV rebounded by more than 20% after l

在过去的24小时内，市场上出现了许多新的热门币种和话题，它们很有可能是下一个赚钱的机会。

The cryptocurrency market is still under pressure today, with SEC Ch人工智能rman Gary Gensler testifying at a Senate hearing that he expects the spot Ethereum ETF to receive full approval from the agency by the end of the summer.

• Sectors with strong wealth-creating effects are: ETH ecological projects, TON ecological tokens;

• Hot searched tokens and topics by users are: Daddy, RWA Crypto;

• Potential airdrop opportunities include: Zircuit, MYX Finance;

Data statistics time: June 14, 2024 4: 00 (UTC + 0)

1. 市场环境

Cryptocurrency markets remain under pressure today, extending a correction that began the day before after the Federal Reserve hinted that it expects only one rate cut this year. Ethereum prices quickly sold off after leading gains in the morning, readjusting back below $3,500, after SEC Chairman Gary Gensler testified at a Senate hearing that he expects a spot Ethereum ETF to receive full approval from the agency by the end of the summer. Markets began to move lower in unison on Wednesday afternoon after the results of the Federal Reserves policy meeting were announced. The U.S. central bank kept the benchmark federal funds rate range stable at 5.25%-5.50%, but according to the latest forecast of the dot plot, only one 25 basis point rate cut is expected in 2024. Prices are currently betting on the future results of rate cuts.

In terms of projects, Arkham published a statement saying that the price of CRV fell below the liquidation price of Curve founder Michael Egorov, and all of his 9-digit loan positions in 5 protocols were liquidated. As of today, the price of CRV has risen by more than 20% since the liquidation.

2. 财富创造领域

1) The sectors that need to be focused on in the future: ETH ecological projects

Main reasons: SEC Chairman Gary Gensler testified at a Senate hearing that he expects the spot Ethereum ETF to receive full approval from the agency by the end of the summer;

具体货币列表：

• ETHFI: The documents of this round of Ethereum ETFs indicate that ETFs only allow Ethereum tokens, and do not allow staking. This regulation greatly reduces the attractiveness of ETF investors, so the Ethereum re-staking sector will usher in substantial benefits;

• LDO: The leading LSD project in the ETH ecosystem, with a TVL of 34.4 billion US dollars and a valuation of less than 2 billion US dollars, is relatively undervalued;

• SSV: Ethereum staking infrastructure SSV Network is a decentralized staking infrastructure that enables everyone to access decentralized ETH staking in a simple and scalable manner. The official website currently shows that the total TVL has exceeded 600 million US dollars, and the staked ETH exceeds 150,000;

2) Sector changes: TON ecosystem tokens (TON, FISH)

The main reason: driven by Telegrams 900 million user base, the TON ecosystem has grown quietly, and its number of daily active addresses has surpassed Ethereum. At the same time, TON officially announced that it will launch enhanced pools on ston_fi and dedust_io, with rewards exceeding 1.8 million US dollars. Ecological rewards and user growth make the ecosystem more prosperous.

Increase: TON increased by 4.42% in the past 24 hours, and FISH increased by 7.02% in the past 24 hours;

影响后市的因素：

• Trading activity in the future: The biggest shortcoming of the Ton ecosystem is that there are fewer active traders than other public chains, and the trading volume is not at the same level as other public chains. If the ecological rewards can stimulate the activity of trading users, both prices and liquidity will continue to rise.

• Pantera 未来对 TON 生态的支持：Pantera Capital 创始人 Dan Morehead 在社交媒体上提到，Pantera 近期对 Telegrams 的 TON 区块链项目进行了基金史上最大金额的投资，这加大了对 TON 生态的关注度。如果能及时落实项目融资、产品上线等支持，TON 生态的繁荣将来得更快。

3. 用户热搜

1）热门 Dapp

• 有序网络

NEAR ecosystem trading protocol Orderly Network tweeted that it will airdrop 10% of the total supply of tokens (100 million) to early users, and NEAR traders need to bind their wallets before June 27. Users can now check the airdrop allocation and bind their wallets through the airdrop query website. Orderly is a full-chain derivatives liquidity layer project that integrates full-chain derivatives liquidity and provides liquidity and settlement support for any asset, any public chain, and any product interface.

2）Twitter

• 曲线

According to Arkham monitoring, Curve founder Michael Egorov had $140 million of CRV liquidated. Yesterday morning, the price of CRV fell below its liquidation threshold, and all of his hundreds of millions of loan positions in 5 protocols were liquidated. Curve founder Michael Egorov tweeted, The Curve Finance team and I have been solving the liquidation risk problem that occurred today. As many people know, all my loans were liquidated. My position size was too large for the market to bear, resulting in $10 million in bad debts. Only the CRV market on lend.curve.fi was affected, and the position in that market was the largest. I have repaid 93% of the bad debts and plan to repay the rest soon. The Twitter community is still paying close attention to this.

3）Google 搜索区域

从全球角度来看：

Daddy: Yesterday, blockchain data visualization 公司 Bubblemaps tweeted that before Andrew Tate promoted DADDY on X, insiders bought 30% of the total supply of tokens at the time of issuance, which is currently worth more than 45 million US dollars. The core hype came from the struggle between Andrew Tate and Ansem, who both issued Daddy tokens in the community. Currently, Twitter has a high level of attention.

从各地区热搜来看：

(1) RWA Crypto was the most popular search term in Asia. The crypto market released FOMC and CPI data at the same time yesterday. Risk aversion sentiment was quite severe in advance and the market was under pressure before the data came out.

(2) In Europe and the United States, people are paying attention to meme token projects, mainly focusing on FLOKI. The market has fallen recently, and MEMECOIN is one of the few places with wealth-creating effects and topics.

(3) The CIS region focuses on a wide range of areas, including projects such as Taiko, Aevo, and Uniswap;

潜在的 空投 机会

Zircuit

Zircuit is a parallel and AI-integrated Layer 2 public chain project based on zkRollup. It is invested by Pantera and Dragonfly. The current TVL of the project has exceeded 1.1 billion US dollars. Zircuits current ecosystem is gradually improving, and it already includes functions such as staking, cross-chain bridges, and browsers. Users can also obtain airdrop qualifications by participating in ecosystem construction and community interaction.

Specific ways to participate: 1) Enter the staking page (https://stake.zircuit.com/) to participate in staking to win points; 2) Participate in node deployment to win points (https://build.zircuit.com/build).

MYX 财务

MYX Finance 是由 D 11 Labs 孵化的基于 MPM 模型的去中心化衍生品交易所，采用智能利率和风险对冲机制，保证协议稳定性并提供可持续的高收益。

2023年11月，MYX宣布完成$5百万种子轮融资，估值$5千万。本轮融资由红杉资本（原红杉中国）领投，Consensys、Hack VC、OKX Ventures、Foresight Ventures、红点中国、HashKey Capital、GSR Markets、Alti 5、Leland Ventures、Cypher Capital、Bing Ventures、Lecca Ventures等跟投。

如何操作：用户操作层面和一般衍生品DEX没有太大区别，用户可以进行的操作有交易、提供LP等。目前项目整合了Linea和Arbitrum，可以适当增加Linea链上活跃度，以便未来获得Linea空投。

更多Bitget研究院信息：https://www.bitget.fit/zh-CN/research

Bitget研究院专注于聚焦链上数据，挖掘价值资产，通过实时监测链上数据和区域热搜挖掘前沿价值投资，为加密爱好者提供机构级洞察。截至目前已为Bitgets全球用户提供【Arbitrum生态】、【AI生态】、【SHIB生态】等多个热门板块的早期价值资产，通过深度数据驱动研究，为Bitgets全球用户创造更好的财富效应。

【免责声明】市场存在风险，投资需谨慎。本文不构成投资建议，用户应考虑本文中的任何观点、看法或结论是否适合自己的具体情况。根据此信息进行投资需自行承担风险。

This article is sourced from the internet: Bitget Research Institute: Ethereum ETF is expected to be approved in the summer, CRV rebounded by more than 20% after liquidation

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