Before the launch of the spot Ethereum ETF, an unanswered question is: Is ETH a commodity or a security?

Risk assets continued to rally last week, and even news of credit problems at yet another regional bank and a prominent economist’s announcement that the Fed would not cut rates until 2024 could not stop the rally. On the crypto front, record amounts of money continued to flow through ETFs, and positive sentiment seemed to spread to altcoins and memecoins as well.

Some crypto-native drivers could continue to be bullish

The Shuffle (SHFL) airdrop is expected to be distributed next Monday.

Eclipse is the first SVM Layer2 solution that integrates Ethereum security, Solana high performance, and Celestia data availability. Currently in the development and testing phase, it aims to promote innovation in the blockchain industry through modular technology. It is expected to be launched on the mainnet in Q1 2024, bringing new competition and choices to the market.

MyShell showcased its innovative technology at ETH Denver 2024 and interacted with industry giants.

This week, the prices of BTC and ETH both rose strongly. The historical volatility and trading volume were the largest when the price soared and then plummeted on the 28th. The open interest of BTC and ETH both decreased, while the implied volatility continued to rise. The upward trend of mainstream currencies was strong; the funding rate rebounded significantly, and the sentiment of contract trading was high; 129 Binance market breadth indicators showed that the overall market was in a strong upward stage; in terms of events, no data was released this week, waiting for the non-agricultural data next Friday.

"Updating the points rules and the high cost of migrating to the main network" was ridiculed by the public.

Gemini与NYDFS达成和解，将支付3700万美元罚款。

数字货币方面，BTC继续一路高歌猛进，今日凌晨一度跃升至64300美元的高峰后极速回撤到60000下方，引发大规模多空双爆，随后价格在日内继续上行，重新向历史最高点发起挑战。

正当人们开始担心当前的风险反弹可能会泡沫化时，Bitcoin 在24小时内从5.7万美元急升至6.4万美元左右，2月预计将成为BTC自2020年12月以来表现最佳的月份，涨幅超过40%。

可组合的资本效率推动了 Staking 和 Restaking 在主次层面的发展，同时通过 LST 等代币实现了质押收益在 Defi 中的深度应用。

SBF与狱警分享加密市场投资建议，并推荐投资SOL。

数字货币方面，BTC延续上行势能挑战60000美元大关，ETH也达到3350美元附近。

昨天市场相对平静，经济数据好坏参半，资产价格在近期区间内盘整。在加密货币方面，价格持续上涨，在过去一天半的时间里，BTC期货的空头清算量接近3亿美元，随著加密货币市值回到$2万亿美元上方，除GBTC外的ETF交易量也在过去几天里创下新高。

在Nvidia公布收益后，AI代币价格飙升。SingularityNet（AGIX）上涨超过 20% ，FetchAI 的（FET）上涨超过 10% ，而 Render 的（RNDR）上涨了 8% 。根据 CoinGecko 的数据，AI代币的整体市值已超过165亿美元。