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Quick Take Summary is AI generated, newsroom reviewed. The Ethereum Fusaka upgrade has entered its final testnet phase. It introduces a gas cap per transaction to improve block efficiency. The upgrade prepares Ethereum for parallel transaction processing. Mainnet launch is planned for December 3, 2025, marking a key milestone.References UPDATE: Ethereum's Fusaka upgrade enters final testnet phase ahead of Dec. 3 mainnet rollout.
XRP price is testing $2.28 after large investors and long-term holders increased selling since mid-October. The bearish chart setup and hidden divergence hint that another drop to even $1.77 could follow if $2.28 breaks, but a bounce remains possible if this support holds.
The previous regulatory policies, while achieving their intended goals, may have also cost us some of our future agency in the upcoming round of global financial competition.
Ethereum remains under $4,000 as long-term holders resume selling. Rising exchange inflows hint at profit-taking, but a breakout above $4,000 could spark recovery.
Veteran trader Peter Brandt warns Bitcoin is forming a bearish "broadening top" pattern, suggesting a potential crash to $60,000. Another analyst quickly countered, predicting a bullish breakout instead.
On the 20th, an AWS issue at Amazon caused Coinbase and dozens of other major crypto platforms including Robinhood, Infura, Base, and Solana to experience downtime.
Collaboration Aims to Develop Multi-Stablecoin Liquidity-Powered Global Settlement Layer
Near Protocol Validators Require 80% Approval for Proposed Annual Inflation Reduction, with Decision Expected by October 2025
- 09:11An address profited $675,000 from trading PING within two daysAccording to Jinse Finance, monitored by Lookonchain, trader 0xe688 made a profit of $675,000 from trading $PING in less than two days. Previously, the trader spent $89,000 to purchase 13.42 million $PING, then sold 6.72 million $PING for a profit of $377,000, and currently still holds 6.72 million $PING (worth $387,000), with a total profit of $675,000 (+759%).
- 09:08PYUSD attestation report: total circulation surpasses 2.6 billion, reaching a new high with approximately 125.5% growth since AugustChainCatcher news, Paxos has released an attestation report for the stablecoin PYUSD, issued by KPMG, one of the "Big Four accounting firms." The report reveals that as of October 15, the total tokens outstanding for PYUSD had risen to 2,638,336,904, reaching a new all-time high. The nominal value of redeemable collateral in total net assets was $2,652,728,424, which is higher than the total tokens outstanding of PYUSD. It is reported that Paxos did not release an attestation report for September, while in August it disclosed that the total PYUSD in circulation was 1,169,714,720, indicating that the circulation has increased by approximately 125.5% over the past two months.
- 08:23Ethereum treasury company ETHZilla discloses ETH holdings increased to 102,916; Q3 financial report to be released on November 14ChainCatcher news, Ethereum treasury company ETHZilla has published an ETH holding update on the X platform. As of this week, the company's ETH holdings have increased to 102,916, valued at approximately $394 million, with an mNAV of 0.62. In addition, the company announced that it will release its financial results for the third quarter of 2025 before the opening of the U.S. stock market on November 14.