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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.
- 16:33Trump: Tariffs on the EU Will Not Be Lower Than 15%According to Jinse Finance, U.S. President Trump stated, "All trade agreements will be initiated starting August 1. If an agreement can be reached with the EU today, then that will be the end of it. The tariff rate on the EU will not be less than 15%."
- 16:33Trump reiterates that the chances of reaching a trade agreement with the EU are fifty-fifty and the outcome may be known in about an hourAccording to Jinse Finance, U.S. President Trump stated, "I expect to hold talks with Ursula von der Leyen of the European Union, and I hope we can resolve some issues. There are three or four difficult issues in the trade negotiations with the EU. The chances of reaching a trade agreement with the EU are about fifty-fifty, and we may know the result in about an hour."
- 16:13PENGU token deployment address transferred $2.94 million worth of tokens to CEX one hour agoAccording to a report by Jinse Finance, Arkham monitoring shows that the PENGU token deployment address transferred tokens worth $2.94 million to a CEX via an intermediary address one hour ago. Previous statistics indicate that since July 12, a total of 1.81 billion PENGU tokens (approximately $54.61 million) have been transferred from the PENGU token deployment address to CEXs.