SEC fears Ethereum’s impact on banking sector, memecoin index outperforms S&P 500

Bitcoin is following the same patterns it has lately, so analysts are reporting the same things. With that, let’s turn our attention to all things altcoins. Analysts suggest that altcoins will hit their local bottom in the early summer, which could lay the foundations for altseason, but a few things need to happen first. In other news, Ethereum co-founder Joseph Lubin slams the U.S. SEC for stifling innovation and fearing DeFi’s impact on the traditional banking system, all while Ether turns inflationary again for the first time since 2022. Finally, memecoins aren’t just for degens, it would seem, as a VanEck subsidiary’s memecoin index outperforms the S&P 500 many times over.Further reading:Altcoins will bottom in early summer before bull run — AnalystSEC doesn’t want Ethereum to transform banking landscape, says Joseph LubinEther turns inflationary for the first time since MergeVanEck subsidiary’s memecoin index up 137% year-to-dateSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.