Ethereum

Ethereum has dropped over 32% in three months, and despite a recent bounce, key indicators like the RSI show bearish divergence. Long-term holders are also offloading hundreds of thousands of ETH, suggesting the recovery may be weak and further downside is possible.

Ethereum is hovering around $3,000, and an analyst predicts a potential rise to $3,200, driven by unusually low stablecoin yields on lending platforms, indicating the market hasn’t peaked yet.

Ethereum is rolling out its ‘Fusaka’ hard fork on December 3, aiming to boost scalability and lower transaction fees. Analysts are bullish on the update’s potential impact on ETH’s price, citing historical gains from past upgrades.

Bitmine Immersion Technologies, led by CEO Tom Lee, has purchased another $44.34 million worth of Ethereum, bringing its total holdings to about 3% of all ETH. The company plans to accumulate until it controls 5% of the supply, with Lee predicting the price will surge to $7,000-$9,000 in the coming months.

Ethereum has increased its network’s gas limit by a third ahead of the major Fusaka upgrade. The change, requested by the community and approved by validators, aims to boost the base layer’s transaction throughput, a move supported by founder Vitalik Buterin as part of a broader scalability strategy.

Vitalik Buterin donated 256 ETH, worth about $655,000, to privacy messaging apps Session and SimpleX Chat, supporting decentralized communication alternatives.

After weeks of declines, the crypto market rebounds with nearly all top 10 coins posting double-digit gains. Bitcoin rises 10% this week to $92,500, Ethereum gains 12% to $3,082, and XRP leads with a 17% weekly increase.

Ethereum co-founder Vitalik Buterin is shifting focus from simply scaling the network to optimizing it. After the block gas limit doubled to 60 million, Buterin proposes targeted adjustments to specific protocol operations to further increase capacity and efficiency without compromising decentralization.

Bitcoin is trapped in a narrow range after a strong rally, facing a sell wall at $92,000. The broader market is also fading, with significant losses for Solana, Cardano, and other altcoins.

This article explains Dollar Cost Averaging (DCA), a strategy for investing in crypto by spreading out purchases over time. It covers the benefits, such as reducing emotional trading and averaging out costs, as well as the potential downsides like lower returns compared to perfect market timing.