News about Ethereum

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In this week's newsletter, we explore the recent uncertainty within the Ethereum restaking space👇 medium.com/intotheblock/liquid-restaking-volatility-a64305ee6e56

Eth memecoins have been relatively weaker bc eth participants compare earning restaking yields of 20-40% vs buying erc20 tokens as a way to stack eth, and decide on a risk adjusted basis to just stake This will change as yields converge back to beacon chain yield Watch for it

The reasons why i think eth is best mkt beta now are relatively simple 1) anyone earning any tokens related to restaking is going to stack eth w it 2) btc inflow slowdown induces midterm swing traders to reposition at historically attractive lvls 3) sol must digest 2nd tranche