Ethereum

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.

The crypto market is back in the green, with Ethereum rallying ahead of its major Fusaka upgrade and Sui leading the top 100 gains after a significant price surge.

The crypto market is in full rally mode, with Bitcoin climbing 8% and numerous altcoins posting even larger gains, some exceeding 30%. The surge marks a strong reversal from recent sharp price declines.

Arthur Hayes, BitMEX founder, predicts that most Layer-1 blockchains will fail, leaving only Ethereum and Solana as viable networks. He also forecasts the continuation of the bull market, driven by U.S. political factors, and a new trend towards privacy-focused cryptocurrencies in the coming year.