Ethereum's Upside to Staking

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I didn't expect there to be this big of a queue so quickly. It's almost been two months now since they went live and wow, those two months have gone by very quickly. We're already at like 95,000 pending validators with 44 days waiting around to clear that queue. And it has definitely surprised me in a very good way, obviously. But I think that seeing it being up only like this just really validates a lot of people's thesis around withdrawals being a nasty risking event.

Bankless Weekly Rollup 2nd Week of June 2023

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------ Topics Covered

1:09 MARKETS

6:29 Are we at a Local High?

9:25 Ethereum Validator Queue

12:52 CEX Volume Stats https://www.theblock.co/data/crypto-markets/spot/usd-support-exchange-volume-market-share

17:23 Gary Gensler on CNBC https://youtu.be/VKxXdUvMqAc?t=277

19:28 SEC Sues Binance US https://www.sec.gov/news/press-release/2023-101 https://www.sec.gov/news/press-release/2023-103 https://www.cnbc.com/2023/06/07/binance-lawyers-say-sec-chair-gensler-offered-to-be-advisor-in-2019.html

26:13 SEC Sues Coinbase https://www.sec.gov/news/press-release/2023-102 https://twitter.com/MikeSeligEsq/status/1666063676145819648?s=20

31:34 Can Gary Get Away With This?

33:51 Cypherpunks Take https://twitter.com/udiWertheimer/status/1666077587792166914?s=20 https://twitter.com/jack/status/1666078896327122946?s=20

38:39 Optimism Bedrock! https://twitter.com/optimismFND/status/1666155844776361985?s=20 https://twitter.com/jessepollak/status/1664349169073414147

41:47 Arbitrum Ran Out Of Gas https://www.dlnews.com/articles/defi/arbitrum-came-to-a-halt-as-its-sequencer-ran-out-of-gas/

43:42 ETH Validator Proposal https://ethresear.ch/t/increase-the-max-effective-balance-a-modest-proposal/15801

49:22 ENS Upgrades https://twitter.com/nicksdjohnson/status/1666368619876327424 https://www.my.box/

51:29 Rocketpool on zkSync Era https://twitter.com/Rocket_Pool/status/1664276628468547587

52:58 Pooltogether Case Dismissed https://twitter.com/lay2000lbs/status/1666532463428943875?s=20

56:12 Questions From The Nation https://discord.com/channels/615592155481767941/1058053004705669211/1114707321000562738 https://discord.com/channels/615592155481767941/1058053004705669211/1115619057593495552

1:03:12 Takes Of The Week https://twitter.com/zmanian/status/1658152508571697152?s=46 https://twitter.com/dankrad/status/1664958413829185536?s=46 https://twitter.com/FEhrsam/status/1665796974346420224?s=20 https://twitter.com/qaatani9/status/1664292528655413250?s=20

1:10:28 What Are We Bullish On?

1:14:05 Get More Of Anthony

1:15:29 Meme Of The Week https://twitter.com/pseudotheos/status/1665730241845944331?s=46

1:16:15 Risks And Disclaimers

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