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Ethereum Layer 2 Fees Drop Significantly: The long-awaited Dencun upgrade on the Ethereum mainnet introduced data sharding, leading to a major decrease in transaction fees on Ethereum Layer 2 networks. Optimism and Base saw the biggest reductions.
Spot ETH ETF Approval Seems Less Likely: Analyst Eric Balchunas lowered his estimate for a May approval of a spot ether ETF by the SEC, citing minimal activity from relevant parties.
Bitcoin ETF Market Heats Up: VanEck cut fees to zero for its spot bitcoin ETF (HODL) to compete with BlackRock's iShares offering. Grayscale Bitcoin Trust filed to create a lower-cost alternative to its flagship product.
Legal Developments:
The SEC's lawsuit against Genesis and Gemini for unregistered securities through Gemini Earn continues.
Former Binance CEO CZ faces stricter bail conditions before his sentencing hearing.
Bitcoin Fog operator found guilty of money laundering for darknet markets.
UK judge rules Craig Wright is not Satoshi Nakamoto.
Lighter News:
Elon Musk hints at the possibility of buying Tesla with Dogecoin.
Crypto enthusiasts raise nearly $690,000 to display Dogwifhat meme on Las Vegas Sphere.



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