Ethereum (ETH) price shows neutrality despite positive updates of BlackRock’s spot ETH ETF updated S-1 application and the Securities & Exchange Commission’s (SEC) engagement with issuers. A key reason for the price lag may be a potential capital reallocation from investors to DeFi tokens in hopes of a larger upside if the launch of spot ETH ETFs spurs a rally.
Matter Labs is facing strong opposition from Polyhedra, Starkware and Polygon on Thursday after a revelation that the company filed a trademark for zero-knowledge.
A wallet associated with Vitalik Buterin, co-founder of Ethereum, transferred 30 Ether, valued at $113,000, to Juicebox, an open-source crypto crowdfunding platform. The funds were allocated for legal assistance to support Tornado Cash developers Alexey Pertsev and Roman Storm.
