"Bitcoin's Surprising Rally: Analysts Weigh In on Record-Breaking Resurgence"

Bitcoin has surged over 40% in four weeks, nearing its record high, possibly due to the quadrennial mining reward halving. However, bitcoin call-put skews suggest investors' bullish expectations may have materialized too soon. Robinhood's wallet users will soon access swaps on Arbitrum, a layer-2 product processing transactions cheaper and faster than Ethereum. U.S. SEC Commissioner Hester Peirce expressed the need for clearer crypto rules, stating the SEC is currently in an "enforcement-only mode." Ethereum's Dencun upgrade, expected this month, will introduce blob-carrying transactions to enhance scalability and reduce transaction costs for layer-2 offerings.