This Week In Ethereum
gm frens, Welcome to This Week In Ethereum. I normally post my weekly Ethereum updates via threads on my Twitter account, but lately Twitter thinks my threads are spam due to the amount of tweets I put into my threads. I’m trying out a newsletter format for the first time and will try to post my usual threads again soon. Let me know your thoughts on the new format. Hope you enjoy!
Top 10 Ethereum News of the week
1. At the DC Blockchain Summit, Senator Corey Booker said "Ethereum is clearly a commodity and doesn't fall under SEC jurisdiction"
2. GameStop NFT launches non-custodial Ethereum wallet
3. EY’s global blockchain lead, Paul Brody, says he expects Ethereum to eventually “take over everything” and there won’t be a multi-chain future
4. Vitalik Buterin releases two thought experiments to evaluate automated stablecoins
5. Immutable announces the first cross-rollup liquidity layer for NFTs
6. StarkWare's valuation quadruples to $8 billion with $100M funding round
7. Balenciaga is accepting Ethereum payments in flagship stores
8. Tether announces the launch of a new stablecoin pegged to the Peso on Ethereum
9. Uniswap goes over $1 Trillion all time trading volume
10. MetaMask will be the first external wallet integration into Coinbase Pay
Stats
Ethereum RSI hits lowest level since December 2018 when ETH hit $80, which meant ETH was EXTREMELY over sold
Ethereum hashrate continues to hover near all time high
The number of addresses holding 32+ ETH hits 13 month high
There's now over 12.7M ETH locked in the deposit contract
In the past 30 days the amount of ETH staked increased by 6.9%
Ethereum gas fees drop to lowest levels since July 2021
Analytics point to Ethereum accumulation phase as 2+ million addresses have bought ETH in the $1970 - $2087 range recently
DataAlways shows off BTC vs ETH Annualized 3M Basis
@nicksdjohnson says May hits ATH for every ENS Domains metric
@StarkNetEco introduces new Metrics dashboard
Ethereum News
Tag Heuer announces they are accepting Ethereum for payments in the US
Fed Vice Chair says Stablecoins could exists with CBDCs
a16z announces 4th crypto fund, totaling $4.5B
GameStop NFT shows how to send ETH on Looping L2 using an ENS name
Pool Together drops Pooly NFTs to raise money for unjust lawsuit
Ethereum on ARM shows how to sync Ethereum mainnet in 19 hours on a Radxa Rock ARM board
OpenEthereum support has ended
Immutable launches MetaMask mobile app support on Immutable X
The Ethereum Foundation is looking to hire an Hiring Coordinator
Skiff email now supports ENS addresses
Developer DAO members can now claim Lens Protocol handles
The new Zerion Wallet is now out
Alchemy partners with Flashbots to support sending private transactions on Ethereum
ETHeyAndBeTChy turns 1 year old
illuviumio integrates Chainlink Price Feeds on Ethereum
Impermax Finance is now supported on Zapper
WeekInEthNews releases Latest Week in Ethereum News
X2Y2 is now the second largest NFT marketplace on Ethereum
Phuture Finance introduces the Phuture DeFi Index
@ETHMovie drops 2nd art drop by @mantilla_angy
Mstable releases quick primer of ERC-4626
Nimbus v22.5.1 release is out
ETHGlobal ETHNewYork is coming 6/24
Deversifi did $2B volume traded this week
@sassal0x reposts You Don’t Own Enough ETH article to @viamirror as a Writing NFT
SpruceID announces Sign-in with Ethereum updates
@peter_szilagyi & @hackerDOM_ were announced as speakers for ETHPrague
Wirex announces collaboration with Polygon
The Set Protocol revamped Explore page is now live on Token Sets
@dennis_zoma releases new Stablecoins dashboard, @Stablecoinswtf
SmartRamps by Wyre are announced
@m1guelpf creates Lens Leaderboard and Refract
Lofty announces you can now purchase Lofty real estate tokens with ETH
The Merge Updates
There will be over $8.3 billion less sell pressure after the Merge, not including the EIP-1559 burn
Tim Beiko leads Ethereum Core Devs Meeting 139
Tim Beiko releases timeline for the Ropsten upgrade
Here's a great recap of what happened relating to TTD on the Ropsten testnet this week
@christine_dkim releases summary of the Ethereum All Core Devs call
@superphiz shows the 6 steps to the Merge
Join Testing The Merge with Nevermind
Layer 2
Quixotic teases Optimism NFT Bridge
HopProtocol is looking to use 1M OP tokens to refund 80% of users bridging costs to Optimism
Paradigm releases L2 report vol. 2
The Optimism OP drop could be out soon
0xNurstar releases Recap of the previous Day on StarkNet thread
Optimism removes 17k sybil addresses and recovers 14 million OP
RevestFinance launches on Boba Network
Argent X is currently the most popular wallet to interact with StarkNet
Arbitrum is hiring for new positions
VelodromeFi announces Optimism will be an official launch partner
Across Protocol V2 goes live
Bware Labs announces click and deploy on Optimism
Orbiter Finance announces zkSync 2.0 is supported on the Orbiter test network
Web3Auth announces sign-in with StarkWare is live
xToken publishes proposal for HOP liquidity mining incentives
Articles and Threads
Jon Charbonneau releases The Hitchhiker's Guide to Ethereum on Delphi Digital
PastryEth releases thread on why Soulbound tokens are the future of Ethereum
CoinDesk releases What Is 'the Merge' and Why Has It Taken So Long
Swagtimus releases StarkNet Roundup #17
Polygon releases thread on Polygon Avail launching soon
William Peaster releases The ENS Boom on Bankless
Avado Cloud shows how to run an Ethereum validator with only 16 ETH
Thor Hartvigsen releases The Arbitrum Defi & Airdrop Handbook
ChainLinkGod releases thread on why Stablecoin will take over the global economy
ZkPad Analytics releases The StarkNet on-chain gaming landscape thread
gm.xyz releases Best of gm last week
Bitsplaining releases Layer 2 Landscape #20
@dennis_qian releases Monday DeFi Market Alpha
@bkiepuszewski releases thread on what can go wrong if data is not posted on-chain
Twitter Spaces of the week
ZK Daily L2 Wars - Why We Chose To Build On StarkNet w/ @0xEduard @bfu_fubrian @branthebuidler & @mottylen
Podcasts of the week
@hasufl releases The Merge Part 2 w/ @thegostep @dannyryan & @TimBeiko on Uncommon Core
TheScoop Podcast S4E46 w/ @fintechfrank & StarkWare Co-Founders @ukolodny & @EliBenSasson
Unchained Podcast - How To Navigate A Crypto Bear Market w/ @laurashin @Cobie & @cburniske
If you missed my This Week In Ethereum thread from last week, make sure to check it out👇
This concludes This Week In Ethereum. I’ll be back again next week. Don’t forget to follow along on all platforms. Remember frens, ETH is Ultra Sound Money 🦇🔊
This newsletter is for educational purposes only and is not financial or investment advice. Always make sure to do your own research and stay gucci.