This week on Crypto Twitter: Spring for Dagens?

Crypto enthusiasts have been eager to peruse the tea leaves this week, picking up on several developments—some more than others—that the ongoing, brutal, and seemingly endless winter of crypto may finally be thawing.

Chief among these events was Blackrock. Registration of the iShares Ethereum Trust In Delaware, it immediately sparked rumors that the Wall Street titan might soon hope to offer an Ethereum ETF. Institutional interest in the Ethereum ETF has fueled the rise in crypto expectations on Twitter Place Bitcoin ETF Can get regulatory approval. in weeks.

It wasn't long before these theoretical rumors sparked real market activity: On Thursday, Bitcoin It raised over $37,000. For the first time in 18 months, like Ethereum More than $2,100 The current bear market is from last May to the highest price. The findings were so significant that Beeple, the Famous NFT artistHe decided to remove the theme “crypto winter” from the upcoming crypto-themed holiday party.

The excitement created by these promising developments—which benefited many altcoins-Crypto sparked widespread optimism across Twitter this week. The sentiment was so widely felt that crypto influencer ThreadGuy issued a decree permanently banning anyone from the crypto community who hadn't already posted “we're so back.”

This week, seemingly insidious news quickly morphed into a broader narrative about crypto's triumphant return. After “The Simpsons” aired an NFT-themed episode on Sunday, many took the show's focus on the industry as another sign that crypto's recent upheavals are heralding a broader cultural revival — even though the episode was announced months ago and mostly missed. The time has come NFTs that spin mercilessly Like an immoral Ponzi scheme.

Despite the big gains this week, crypto prices still sit below the highs of the 2021/2022 bull run. That's true, amid all the chatter this week, some Crypto Twitter users were careful to keep in mind.