December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
Curve is considering removing TUSD as crvUSDCollateral due to concerns over SEC allegations
Golden Finance reported that Curve Finance is considering removing TrueUSD (TUSD) as the Collateral for its stablecoin crvUSD, due to the U.S. Securities and Exchange Commission (SEC) filing securities law violations against TrueCoin and TrustToken. The allegations claim that 99% of TUSD’s reserve funds are invested in high-risk offshore funds, raising concerns about its safety and solvency. A proposal was put forward in the Curve governance forum to reduce the collateral limit of crvUSD on TUSD to zero and to decrease its association with PayPal Stable Coin PYUSD in order to mitigate related risks. Currently, the main Collateral for crvUSD includes Ethereum (ETH) and Wrapped Bitcoin (WBTC).