Ethereum

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.

Bankless co-founder David Hoffman argues that Ethereum is technically independent of Bitcoin and could actually benefit from a Bitcoin collapse, especially in the face of threats from quantum computing.

Bitcoin reclaimed the $90,000 level on Thanksgiving, a historically bullish move for the holiday. The broader crypto market followed suit, with Ethereum and other major altcoins posting significant gains, while analysts note the unusual nature of the pre-holiday rally.

Major crypto exchanges like Binance and Coinbase are experiencing record inflows of stablecoins, Bitcoin, and Ethereum following recent market corrections, signaling potential significant price movements ahead.