In a recent podcast session, Michael Saylor, the founder and former CEO of Microstrategy, showed support for the United States Securities and Exchange Commission’s (SEC) standpoint regarding Ripple and XRP.

Three Hong Kong-based asset management firms have applied for exchange-traded funds (ETFs) tracking Bitcoin and Ethereum futures, traded on the Chicago Mercantile Exchange, for retail investors.

NFT transactions on Ethereum have declined significantly, from 22% NFT dominance to 8.3% according to crypto analytics firm Glassnode. On the other hand, stablecoin transactions grew and took up the space originally conquered by NFTs. This declining interest from traders could affect the overall NFT market negatively.

Ethereum co-founder Vitalik Buterin has shared some sage advice for traders feeling the blues of the crypto bear market: Focus on the tech rather than the price.

According to Data Analytics’ tweet on 2 December, the amount of <a href="https://ambcrypto.com/?s=wrapped+bitcoin">Bitcoin Avalanche Bridged [BTC.b]</a> on <a href="https://ambcrypto.com/?s=avalanche">Avalanche [AVAX]</a> surpassed that of the <a href="https://ambcrypto.com/?s=Ethereum+network">Ethereum network</a>. This development suggested that users may have spotted new opportunities on the Avalanche network and have showcased their faith in the protocol.

A senior executive at the $1.5 trillion asset management giant Franklin Templeton says that Ethereum (ETH) staking yield is presenting big opportunities for institutions looking at the crypto markets.

Stani.lens (<a href="https://twitter.com/AaveAave/status/1599063719694123014">@StaniKulechov</a>) Founder of <a href="https://twitter.com/LensProtocol">@LensProtocol</a> and <a href="https://twitter.com/AaveAave">@AaveAave</a>&nbsp;on Twitter: "Now that the <a href="https://twitter.com/AaveAave">@AaveAave</a> Community is preparing for Aave Protocol V3 deployment for Ethereum market its good time to review why V3 as a flexible architecture is much appreciated ."

The upgraded blockchain platform will be more scalable, secure, and decentralized. How will it work? Is it really necessary? Let’s figure it out together!

Ethereum (ETH) locked in the Ethereum 2 (ETH 2.0) smart contract has reached a new all-time high. Amid Ethereum’s price continues to rise in the last few days, currently, the global crypto market cap is $855.36B,&nbsp;a&nbsp;0.14% increase over the last day.

Only <a target="_blank" href="https://cryptonews.com/coins/bitcoin/">bitcoin (BTC)</a> should be considered a commodity for regulatory purposes, and not <a target="_blank" href="https://cryptonews.com/coins/ethereum/">ethereum (ETH)</a>, Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), said in a recent speech.