#Ethereum

The UK's Financial Conduct Authority (FCA) will start accepting applications for Bitcoin and Ethereum crypto cETNs (Exchange Traded Notes).

Asset management firm AllianceBernste posits that Ethereum (ETH) might be the only cryptocurrency to follow Bitcoin in receiving the green light from the U.S. Securities and Exchange Commission (SEC) for the launch of an exchange-traded fund (ETF). Analysts from the firm estimate a 50% chance of an Ethereum ETF being approved by May 2024, with the likelihood nearing 100% by the end of the year.

SEC Chairman Gary Gensler, in a CNBC interview, emphasized that the recent approval of spot Bitcoin ETFs shouldn't be seen as an endorsement for similar products, including Ethereum ETFs.

Dencun's update has been successfully initiated in the Holesky test network, setting the stage for its arrival on the Ethereum Mainnet. The announcement of the deployment date, potentially as early as March, is expected within a day.

The Ethereum Name Service (ENS) has entered into a partnership with GoDaddy, the global leader in domain registration. This initiative paves the way for users to seamlessly link their conventional Web2 domains to Ethereum names, all at zero extra cost.

Eric Balchunas, the Senior ETF analyst at Bloomberg, has scaled back his optimism regarding the approval of a spot Ethereum ETF, now assessing the chances at 35% by the May deadline. He emphasizes, however, that approval remains a possibility, especially looking ahead to the longer term.

Valkyrie Chief Investment Officer Steven McClurg believes that a spot Ethereum ETF is unlikely to come soon, though it could be approved by 2026. He advises against drawing parallels with the Bitcoin ETF, highlighting significant differences between the two cryptocurrencies.

The Uniswap Foundation has revealed that Uniswap V4, the upcoming version of its decentralized exchange protocol, is expected to go live on the mainnet in the third quarter of 2024, post the Dencun update on Ethereum.

In a strategic move, Gitcoin, known for project funding, is changing its approach from a broad focus on public goods to enhancing Ethereum's grant infrastructure.

Ethereum's founder, Vitalik Buterin, recently published an article titled "The promise and challenges of crypto + AI applications." He delves into the convergence of blockchain and AI technologies, highlighting key areas like data management, transparency, monetization, and cost reduction.

Telegram trading bot Unibot is set to introduce a new token, UNISOL, specifically for its project's iteration on Solana. This token will operate independently from Unibot's original Ethereum-based UNIBOT token. The initial announcement met with some dismay among the community, but the developers were quick to address concerns: revenues generated by Unibot on Solana will be equally shared between holders of both tokens.