Bitwise Files Ethereum Spot ETF S-1 Amendment With the U.S. SEC | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Coinbase International and Coinbase Advanced to launch a pre-launch marketplace. Coinbase International to launch an EIGEN-PERP pre-market trading marketplace.
• Bitget launches 618 Shopping Festival promotions with 10% APR for BTC Earn products and 15% APR for ETH Earn products.
• Bitget PoolX lists ZKsync (ZK). Users can stake ZK to earn profits.
• HashKey's platform token, HSK, is scheduled to launch in Q3 2024, with a community airdrop starting in late June.
• BitMart completes the buyback and burning of BMX in May, removing a total of 678724.48 BMX for circulation.

2. Cryptocurrency Trends:

• Bitwise files an Ethereum spot ETF S-1 amendment with the U.S. SEC. Pantera is interested in investing $100 million.
• Consensys: The U.S. SEC will close its investigation into Ethereum 2.0, meaning there will be no allegations that ETH sales constituted securities trading.
• Ethena Labs updates the ENA tokenomics to pilot the use of a generalized restaking module with Symbiotic and LayerZero.
• LayerZero to launch LayerZero Roles to reward communities, developers, and content creators.
• Paradigm launches Alloy v0.1, a codebase for interacting with Ethereum.
• Linea Surge Volt 2 launches and will provide users with an LXP-L scoring system update.
• Pac Finance, a lending protocol on Blast, to launch a native token (PAC), with some tokens to be airdropped based on Pac points.
• Another wallet associated with the Beercoin team sells 8.7 billion BEER in the past two days. BEER falls by over 60% today.
• The market cap of AI falls by 30% in the past week, though Google searches show strong interest from retail investors.
• Consensys releases an update to its privacy statement, noting that it does not collect private keys and does not sell personal information.

3. Financing Trends:

• Renzo, a liquid restaking protocol, raises $17 million in two funding rounds, the first led by Galaxy Ventures and the second led by Abu Dhabi-based Nova Fund – BH Digital.
• Sonic, a Solana atomic SVM Layer 2 project, raises $12 million in Series A funding led by Bitkraft.
• CleanSpark acquires five Bitcoin mining facilities in Georgia for $25.8 million.

4. Regulatory Trends:

• The Korean Financial Services Commission (FSC) establishes a new virtual asset department with 8 new employees. The FSC will not be directly involved in the token inspection and delisting process.
• Several U.S. states revoke or refuse to renew Binance's U.S. money transmitter license.