In the past year, Ethscriptions has made significant progress in technological innovation and application. This article will review the development of Ethscriptions in the past year and look forward to its future development potential.

Last week's economic data triggered quite a bit of rethinking, with U.S. economic data finally returning to where it was at the beginning of the first quarter. Market sentiment has been boosted since last Friday, with BTC challenging $70,000 again and ETH hovering around $3,800.

Regardless, users are the ultimate winners in these “cross-chain bridge battles.”

It is recommended to pay attention to Grayscale's $9 billion ETHE product. "If there is a large outflow of funds, it will have a significant impact on the price."

June is also a big month for airdrops, so you need to pay attention to the risks.

In terms of digital currency, according to the Glassnode data shown by Leon Waldmann on Twitter, since the approval of the ETH ETF, the proportion of BTC & ETH in centralized exchanges has dropped to a historical low.

The team said it would provide compensation to those affected and took a snapshot of the block status before the attack.

Gas Token is the key to supporting the Layer2 independent economy.

In May, the vast majority of cryptocurrency market indicators fell.

What token will be the next hype ETF?

The US FOMC meeting in May kept interest rates unchanged, in line with market expectations. US inflation is temporarily stable, and interest rate cuts still need to wait, but the reduction of bank capital ratio policy is a precursor to interest rate cuts. Nvidia's performance continues to exceed market expectations, leading US stocks to new highs. The AI narrative is still there, but the arrival of the interest rate cut cycle may change the market style. The crypto market is full of positive news. The SEC has passed the listing standards for Ethereum spot ETFs. It is only a matter of time before related products of asset management institutions are listed. The FIT 21 Act regulates the crypto industry and may become a beacon for the future development of the industry.

Over the past week, the prices of both Bitcoin and Ethereum have fluctuated near their all-time highs. At the same time, their historical volatility remains low. Bitcoin's volume has increased after the rise on May 27, while Ethereum's volume is generally sluggish. Bitcoin and Ethereum's open interest has increased slightly, and implied volatility has also increased slightly. In addition, Bitcoin's funding rate has rebounded slightly, and market breadth indicators show that the overall market is in a stage where most currencies have resumed their upward trend.

High-quality in-depth analysis articles and a weekly roundup of hot topics.

In terms of digital currencies, as the last day of this month, BTC and ETH closed at 68201.52 (+0.62%)/3731.97 (0.12%) respectively.

After a very strong month, the macro market has entered a consolidation mode and there has not been much to watch in the crypto space. ETH has outperformed BTC by about 0.8% this week, with ETH's capital inflows being steady but unremarkable.

Cathie Wood: The approval of the Ethereum spot ETF is related to cryptocurrency becoming an election issue.