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Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.





A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
Also among those gazing into next year are Bitwise, VanEck and Hashdex.

The latest price moves in crypto markets in context for Dec. 19, 2023.

ARK offloaded $13M worth of GBTC shares last week.
- 04:48Nvidia has instructed companies including South Korea's Samsung Electronics and US-based Amkor Technology to halt production related to the H20 chipTechnology media outlet The Information, citing sources familiar with the matter, has reported that Nvidia has instructed key component suppliers, including South Korea’s Samsung Electronics and US-based Amkor Technology, to halt production related to the H20 chip. It is understood that Amkor Technology is responsible for packaging the chip, while Samsung Electronics supplies the high-bandwidth memory chips. This news has already been picked up by major outlets such as Reuters and Bloomberg, but Nvidia, Samsung Electronics, and Amkor Technology have all declined to comment on the matter.
- 04:42Jupiter: Alerting the Community to Beware of Fake Emails, Direct Messages, and Accounts Impersonating Official Sources in the MarketChainCatcher reports that Solana ecosystem DEX Jupiter has issued a security alert on the X platform, noting the emergence of fake emails, direct messages, and accounts impersonating the official Jupiter team. The community is urged to stay vigilant, carefully verify URLs, and only visit the official website.
- 04:13US Stablecoin Bill Spurs EU to Accelerate Digital Euro PlansAccording to Jinse Finance, the new US stablecoin bill has sparked concerns in Europe about the competitiveness of digital currencies, prompting EU officials to accelerate plans for the digital euro. Last month, the US Congress passed the Genius Act, which regulates the $288 billion stablecoin market. Sources indicate that since the bill's passage, EU officials have been re-evaluating the digital euro initiative and are considering operating it on public blockchains such as Ethereum or Solana. (Jin10)