🌟Quick update on the Crypto market today!

📌Simplifying Ethereum: Vitalik Buterin has proposed a new architecture that will make Ethereum faster and easier to maintain over the next 5 years. This plan promises to increase data capacity for Layer 2 (L2) by 10 times.

📈Bitcoin Price and Market Sentiment: Bitcoin reached $97,930 thanks to significant interest from institutional investors. However, futures traders remain cautious due to macroeconomic risks and concerns about ongoing economic recession.

💼Institutional Investment in Bitcoin Mining: Institutional investment in Bitcoin mining is surging due to favorable policies in the U.S. and the application of AI technology. This shows a strong confidence in the mining industry despite significant economic uncertainties.

🔍Regulatory Development and Market: The EU plans to ban anonymous accounts and privacy coins by 2027. In the U.S., capital flowing into Bitcoin ETF funds is increasing, with Grayscale’s Bitcoin Trust continuing to dominate ETF revenues.

📰Other notable news: Movement Labs suspended a co-founder after the MOVE token crisis. The discussion around crypto regulation is becoming more intense, with support from pro-crypto senators opposing restrictive policies.

Stay updated and seize opportunities in this volatile Crypto world!