ETH Weekly Report | Grayscale Ethereum Trust is officially approved by the SEC; Ethereum 2.0 goal is launched in 2020 (10.12-10.18)
Author | Qin Xiaofeng
Author | Qin Xiaofeng
secondary title

1. Overall overview
1. Overall overview
Second, the secondary market
Second, the secondary market
1. Spot market
According to OKEx market data, the price of ETH fluctuated within a narrow range last week, closing at $375.54 during the week, basically the same as last week.

(ETH daily chart, picture from OKEx)
(ETH daily chart, picture from OKEx)
image description
(data from BiNuNiu)
(data from BiNuNiu)
(data from Tokenview)
3. Large transaction
(data from Tokenview)
Tokenview dataIt shows that the number of transfers on the chain dropped sharply last week. The number of large-value transfers of "above 5,000 ETH" and "above 50,000 ETH" decreased by 21.28% and 71.43% month-on-month, but the number of large-amount transfers of "above 10,000 ETH" increased by 87.5% month-on-month. %, the frequency of small and medium-sized giant whale account transactions has increased; combined with the price trend, the upward support is effective, and there is still a demand for rebound in the short term.
OKlink data3. Ecology and technology
3. Ecology and technology
1. Development and technology
(1) Ethereum 2.0 test network Zinken launched
On October 12, Ethereum multi-client testnet developer Afri Schoedon tweeted that the Ethereum 2.0 testnet Zinken has been finalized in epoch 2. According to the data on the Zinken test official website previously released by Bitfly (the parent company of the Ethermine mining pool), the Zinken test network has been launched.Terence TsaoDeveloper at Prysmatic Labs
(2) Synthetix launched the second phase of the Optimistic test for the second-layer expansion plan of Ethereum
(3) The Ethereum 2.0 staking liquidity solution Lido test network will be launched
On October 12, Bitfly (the parent company of the Ethermine mining pool) tweeted that Prysmatic Labs, the executive team of the Ethereum 2.0 client, had released the first Ethereum 2.0 in the latest version of its client (v1.0.0-alpha.29). Web UI (web product interface design).
2. Voice of the Community
(1) The person in charge of the Ethereum 2.0 project: The goal of Ethereum 2.0 is to start in 2020
On Oct. 15, ethereum founder and chief scientist Vitalik Buterin reiterated his enthusiasm for "layer-two scaling" solutions such as rollups, which essentially keep transaction data on-chain. At the same time, the computational load is transferred off-chain. . V God called on Ethereum users to turn to expansion solutions, saying that the top priority is for users to start supporting rollups. In addition, Vitalik did not elaborate on when Ethereum will actually move to PoS, only saying that Phase 0 will happen "soon". Vitalik is also enthusiastic about the EIP 1559 proposal, which will try to adopt a flexible block size cap. According to Vitalik, this will make fees less volatile and block sizes slightly more volatile. (CoinDesk)
3. Borrowing
Defipulseimage description
(Lock value on the DeFi chain)
(Lock value on the DeFi chain)
Specifically, last week, ETH mortgages rose from 8.339 million to 8.647 million, an increase of 3.7%; BTC mortgages increased from 142,643 to 159,701, an increase of 11.95%.
image description
(data from etherchain.org)
etherchain.org(data from etherchain.org)
According to Blockchair data, on October 12, the median price of Gas on the Ethereum network reached the lowest value in nearly three months of about 36 Gwei, a 93% drop from the historical high; The highest figure was about 545 Gwei on September 17 this year, when Uniswap released the governance token UNI.
4. News
(1) Grayscale Ethereum Trust registration application has been officially approved by the SECOn October 12, the cryptocurrency asset management company Grayscale Investments officially tweeted that its application for the registration of the Ethereum Trust previously submitted to the US Securities and Exchange Commission (SEC) has been officially approved. So far, Grayscale Ethereum Trust has become an SEC reporting company, and has become its second digital currency investment vehicle that has been approved for reporting. In January, Grayscale Bitcoin Trust became the first digital asset vehicle to meet the standards of the US Securities and Exchange Commission. click to read
What is the significance of Grayscale Ethereum Trust becoming an SEC reporting company? "
(2) Chairman of CFTC: DeFi concept is revolutionary, or reduces systemic risk
(3) Data: The total value of all assets in Ethereum exceeded $100 billion


