Former President Donald Trump delivered a standout speech before Congress on March 4, 2025, outlining the priorities of his administration. He declared that 'America is back,' emphasizing tougher immigration policies, new taxes, and increased funding for law enforcement and the military. Regarding foreign policy, Trump revealed that he had received a letter from Ukrainian President Volodymyr Zelensky expressing a willingness to negotiate peace, while also stating that Russian President Vladimir Putin is ready to end the war. His remarks provoked mixed reactions, with Republican lawmakers applauding while many Democrats scoffed or walked out in protest. The event was marked by a strong divide between the parties, reflecting the deep political polarization in the country. First Lady Melania Trump attended alongside several special guests, including individuals affected by past policies. The speech reaffirmed Trump's commitment to a nationalist agenda, 'America First,' laying the groundwork for future political battles.
Recently, the US Securities Commission (SEC) accepted the application for Ethereum ETF Spot of many different financial giants such as VanEck, Blackrock... Specifically, the SEC approved the Ethereum ETF proposals of Grayscale and Bitwise for trading. traded on the NYSE stock exchange; iShares (BlackRock) on Nasdaq; along with VanEck, ARK/21 Shares, Invesco, Fidelity and Franklin Templeton on the Cboe BZX stock exchange. However, Bloomberg ETF analysts claim that the SEC has only approved Ethereum ETF proposals based on 19b-4 filings. According to the process, ETF issuers need to complete an S-1 file and submit it to the securities commission to determine the time to officially start trading. Industry experts predict the Ethereum ETF could go live in July or August, depending on the SEC's ability to respond and resolve the issue. Recently, ETH price has continuously grown thanks to the news of Ethereum ETF Spot. Specifically, according to Barrons newspaper, SEC staff have informed exchanges that the agency is leaning toward approving them, according to multiple sources. Accordingly, the agency has provided comments on the applications and if these issues are resolved promptly, approval could take place as early as this week. This move comes after the US Securities Commission (SEC) requested organizations filing for Ethereum spot ETFs to provide additional information. Specifically, the SEC has required entities registering to establish an Ethereum spot ETF to submit additional filing form 19b-4. This is considered the SEC's first positive move towards the prospect of approving an Ethereum ETF, after many long months of silence. $ETH
Ethereum Spot ETF is listed on the website DTCC with code ETHA According to Foresight News, according to Watcher.Guru, ETF spot Ethereum has been listed on the DTCC website with the stock code ETHA. Foresight News notes that DTCC is an American financial markets infrastructure company that provides clearing, settlement and trade reporting services to financial market participants.$ETH
Data: In the past 24 hours, the entire network burned 367 million USD and buy orders burned 264 million USD. According to Foresight News, according to coinglass data, the entire network burned accounts of 367 million USD in the past 24 hours, of which accounts burned 264 million USD and short orders burned accounts of 102 million USD. Liquidation liquidation Ethereum burned $140 million and Bitcoin liquidation burned $70.38 million. $ETH
The two whales sold for 2,356 MKR and each made a profit of over 1 million USD. According to Foresight News, according to Lookonchain monitoring, two whales sold 2,356 MKR (6.9 million USD) and made a profit. Of which, OxAdf5 bought 1,075 MKR (about 1.95 million USD) at a price of 1,819 USD between February 19 and 27 and sold it at a price of 2,931 USD in the last 3 hours, earning profit of 1.2 million USD. OxB47c bought 1,281 MKR (about 2.77 million USD) on January 9 for $2,162 and sold it for $2,946 in the last 8 hours, earned 1 million USD. $MKR
Analysis: ETH's short-term drop to the bottom 3,800 USDT half an hour ago may be due Symbolic Capital Partners sells nearly 7,000 ETH in one minute. According to ChainCatcher news, as monitored by on-Chain analyst @ai_9684xtpa, half an hour ago, ETH quickly fell below 3800 USDT. The spike in times can be attributed to the trading company MEV Symbolic Capital Partners drives. It is known that this organization sold 6,968 ETH (about $27.38 million US) in one minute at 20:56, with an average sale price of 3,930 USD, one in which transactions sold 3,497 ETH at the same time on Chain, and the bribe fee was 90 ETH$ETH
Grayscale Ethereum spot ETF app has removed content related to pledges Odaily reported that following an amended preliminary proxy statement, Grayscale has removed content related to the pledge from its proposed Ethereum spot ETF application. In a previous filing, Grayscale suggested to investors that Ethereum could be pledged through a trust, but that language was missing from the amended preliminary proxy statement Grayscale filed on Tuesday. . Other issuers, incl Fidelity, also made similar moves. (The Block) In previous news, regulatory application documents show that Grayscale has confirmed that its Ethereum Mini Trust will not directly or indirectly participate in ETH staking.$ETH
Lawyer: Ethereum spot SPOT may take time during S-1 application approval process Bitcoin as soon as S-1 document approval takes 4 months. PANews reported on May 22 that regarding the timing of potential approval of spot ETFs Ethereum, prominent financial lawyer Scott Johnsson stated on the X platform that the Securities and Exchange Commission The United States Exchange (SEC) spent nearly 4 months reviewing and revising Bitcoin(BTC). S-1 spot form, it takes 5 months to review Bitcoin (BTC) futures S-1 form. If Corporate Finance had actually been informed of the possibility of approval yesterday, they could have just started. The situation is still unclear so it's hard to know how quickly they can move this forward. Bloomberg ETF analyst James Seyffart cited the above comments and commented that it is often assumed that "approval" (of the 19b-4 document) means that the Ethereum ETF will launch immediately. This not necessarily so. It could take a few days (at least), it could take as little as a few weeks, and it could even take a few months from approval to publication.$ETH
DeFi asset management protocol Enzyme has integrated Pendle ChainCatcher news, according to official news, DeFi asset management protocol Enzyme has integrated Pendle. Pendle is a permissionless yield trading protocol that allows users to implement various yield management strategies. Enzyme users can use Pendle V2 on the Enzyme Ethereum instance to redeem Native Tokens (PT), providing liquidity to the pool Pendle and get Pendle incentives by participating in its ecosystem. $MLN