Ethereum JPY (ETH-JPY)
- CoinDesk
Renzo Restaked ETH Suffers a Brief Crash on Uniswap
Renzo restaked ETH (ezETH), the liquid restaking token representing a user's restaked position at Renzo, experienced a brief crash early Wednesday, trading at a massive discount to wrapped ether (WETH) in a low liquidity environment. Renzo, the second-largest liquid restaking protocol, uses the Ethereum restaking protocol Eigenlayer to allow users to restake their ether {{ETH}} in return for Renzo's ezETH, which users can deploy across other decentralized finance applications to generate an extra yield.
- CoinDesk
Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.
- Barrons.com
Bitcoin Moves Higher After ‘Halving’ Concludes
Crypto bulls are hoping that Bitcoin’s ‘halving’ will be a catalyst for further gains this year in the world’s largest cryptocurrency.
