Ethereum

A bug in the Prysm Ethereum client after the Fusaka upgrade caused 25% of validators to go offline, risking network finality. The issue was quickly mitigated.

The crypto market ends the week in the red, with Bitcoin hovering around $91,000. Analysts are divided on the short-term outlook, with some predicting a further dip to $85,000 while others believe the bottom is in. Ethereum and XRP also see losses, though minor recovery attempts are underway.

Users of prediction platform Myriad are overwhelmingly optimistic, with 91% betting against an imminent crypto winter despite recent market declines.

Ethereum has successfully deployed the long-awaited Fusaka upgrade, a major network enhancement focused on scaling and efficiency. The price of ETH responded immediately, climbing over 4% as the upgrade went live.

While Bitcoin remains stable, Ethereum gains over 3% following a significant network update, with several related tokens also rising.

Bitcoin’s price stalls at the $94,000 resistance level while Ethereum surges nearly 4%, breaking out against Bitcoin and reaching its highest price in weeks.

Crypto analyst Vincent Timmer examines Bitcoin’s chart, noting a potential trend reversal on lower timeframes. He outlines key support levels for entry and resistance zones that could trigger a new all-time high, while also warning of a bearish scenario if support fails.

Vanguard, the world’s second-largest asset manager, has reversed its stance on cryptocurrency. The firm will now allow its 50 million clients to trade select crypto ETFs, including those for Bitcoin and Ethereum, responding to persistent investor demand.

Ethereum’s price jumped 9.5% to around $3,050, coinciding with a surge in optimistic derivatives positions. Traders are heavily betting on a further rise to €5,600 ($6,500), with over €326 million in open interest for call options at that strike price, despite the asset’s 35% decline this quarter.

Ethereum is up nearly 9% as the market reacts to the upcoming Fusaka upgrade. Analysts are divided, with some pointing to a critical support level at $2,800, while others warn of high leverage and potential volatility.