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Weekly Recap: BlackRock BTC ETF, Ordinals 2.0, Uniswap V4, and more

Messari

Jun 16, 2023 ⋅  8 min read

This week in crypto had a mixture of sentiments coming off the heels of hostile regulatory actions last week. Newfound hope emerged from the announcement of BlackRock seeking approval from the SEC for a Bitcoin ETF. On the other hand, in true bear market fashion, USDT faces downward pressure on its peg leading to an imbalanced Curve 3Pool, reaching levels last seen in November 2022. While the uncertain outcomes of both BlackRock's ETF proposal and USDT's peg came to pass, new developments around Uniswap, EigenLayer, and the Bitcoin network were rolled out.

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