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Ethereum price has slipped in the past few months, coinciding with the ongoing crypto market crash. Summary Ethereum price has formed the bullish falling wedge pattern.  The network will launch the Fusaka upgrade on Wednesday. Tom Lee’s BitMine has continued buying ETH tokens this year. Ethereum (ETH) token was trading at an important support level at $3,000 on Sunday, down by nearly 40% from its highest level this year. Still, the token has numerous catalysts that may boost its price in the coming weeks. One of the main catalysts is the upcoming Fusaka upgrade, which will happen on December 3…

South Korea is preparing one of its toughest Anti-Money Laundering (AML) crackdowns as it plans to expand its crypto Travel Rule to cover transactions under 1 million won ($680).According to a Yonhap News report, the chairman of the country’s Financial Services Commission (FSC), Lee Eok-won, revealed the plans to the National Assembly’s Legislation and Judiciary Committee on Wednesday, saying that the government will crack down on money laundering activities that exploit crypto transactions. “We will crack down on crypto money laundering […] expanding the Travel Rule to transactions under 1 million won,” he said, according to a translated version of his…

Ethereum continues to trade below the critical $3,000 level as selling pressure intensifies and fear dominates sentiment across the crypto market. The broader downturn has pushed ETH nearly 40% below its August all-time high, raising concerns that the asset may be entering a prolonged bearish phase. Analysts who were once confident in a continued rally are now shifting their tone, warning that market structure, volatility, and liquidity conditions are beginning to resemble early-stage bear market behavior. Related Reading At the same time, investor confidence is being further tested by fresh on-chain activity showing large holders reducing exposure. According to data…

The IMF dropped an explanatory video on its X handle today exploring the new phenomenon of tokenized markets. The international body responsible for ensuring the stability of the global monetary system recognized the advantages of tokenized markets in the video, but warned that they can be prone to flash crashes and are more volatile than traditional markets.“Tokenization can make financial markets faster and cheaper, but efficiencies from new technologies often come with new risks,” the video said.IMF lays out benefits of tokenized marketsThe video frames tokenization as the next step in money’s evolution, explaining that tokenization can make it “faster…

Ethereum (ETH) has joined Bitcoin (BTC) in a notable price recovery, managing to reclaim the $3,000 mark. This resurgence could signify a pivotal moment for the altcoin, suggesting a potential new upward trend. However, investors remain divided on whether ETH may face further declines or if a year-end rebound could reignite bullish sentiment. ETH’s December Struggles In order to anticipate Ethereum’s probable moves in December, Alex Carchidi, an analyst at The Motley Fool, notes that this month has traditionally been a difficult month for the cryptocurrency. Since 2016, Ethereum has only concluded December higher than it started in four of…

The US Nasdaq stock exchange is making SEC approval of its proposal to offer tokenized versions of stocks listed on the exchange a top priority, according to the exchange’s crypto chief.“We’ll just move as fast as we can,” Nasdaq’s head of digital assets strategy, Matt Savarese, said during an interview with CNBC on Thursday, when asked whether the SEC could approve the proposal this year.“I think what we have to really evaluate where the public comments come back in and then answer and respond to the SEC questions as they come through,” Savarese said. “We hope to kind of work…

A pseudonymous analyst has set off a new narrative around Ethereum’s upcoming Fusaka upgrade, arguing it could be the most favorable event ever for ETH as an asset by finally turning Layer-2 networks into meaningful ETH burners. On X, crypto pundit Kira Sama framed Fusaka, scheduled for December 3, as a structural shift in Ethereum’s fee economics. The core of the thesis is a single change: EIP-7918. “Price wise, Ethereum Fusaka upgrade on december 3rd, will be the most bullish upgrade for eth the asset ever, why? One reason. ‘EIP 7918’,” Kira wrote, calling it “the next big catalyst for…

The team behind the Hyperliquid decentralized exchange (DEX) disclosed a 1.75 million HYPE token unlock for its developers and core contributors on Saturday, valued at over $60.4 million at the time of this writing.Saturday’s token unlock was previously announced and is part of HYPE’s vesting schedule, according to pseudonymous Hyperliquid developer iliensinc, who celebrated the first anniversary of Hyperliquid’s historic airdrop and token generation event. He said:“For perspective, about 270 million tokens were fully unlocked on Nov 29, 2024, in the largest airdrop in history, measured in today’s market value at about $9.5 billion. There are no investor unlocks, as…

In the rapidly evolving landscape of digital finance, Ethereum is quickly establishing itself as the primary infrastructure for global on-chain capital markets. From tokenized bonds and money market funds to institutional liquidity rails, the world’s capital is beginning to migrate to an ecosystem where transactions are programmable, auditable, and borderless. Why Is Ethereum Chosen As The Default Choice For Global Rails The global capital markets are moving on-chain to Ethereum because it is credibly neutral. ETH has never experienced downtime, and it possesses the economic security necessary to support the world’s financial system. Investor and founder of GM42NFT, Captain GM,…

Hester Peirce, a commissioner of the United States Securities and Exchange Commission (SEC) and head of the SEC’s Crypto Task Force, reaffirmed the right to crypto self-custody and privacy in financial transactions.“I’m a freedom maximalist,” Peirce told The Rollup podcast on Friday, while saying that self-custody of assets is a fundamental human right. She added:“Why should I have to be forced to go through someone else to hold my assets? It baffles me that in this country, which is so premised on freedom, that would even be an issue — of course, people can hold their own assets.” SEC commissioner…