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Fusaka Upgrade: Experts Defend Arbitrary-Looking Gas Cap, Call It Key to Parallelization

Ethereum’s Fusaka upgrade went live, driving ETH to $3,222 and marking a major step in scalability. The update raised the block gas limit to 60M and introduced a per-transaction cap of 16.78M gas, sparking debate among developers but praised for enabling parallelization and preventing resource overload. Technical Triumph: Scalability and Fee Reduction The Ethereum blockchain’s […] from Bitcoin News https://ift.tt/iB8s3vE
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Amid November’s Market Carnage, Long-Sleeping Wallets Moved 2,443 BTC

While bitcoin dropped 17.67% in November, a cluster of long-idle coins suddenly sprang to life throughout the month, shifting holdings originally gathered between 2011 and 2017. Out of those years, coins first acquired in 2016 stole the show, with 1,570.12 BTC on the move last month — a haul worth roughly $145 million. November’s Harsh […] from Bitcoin News https://ift.tt/wTXOBd1
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Ether ETFs Lead With $140 Million Inflow as Bitcoin and Solana Slip

Ether exchange-traded funds (ETFs) staged a powerful comeback with one of their strongest inflow days in weeks, while bitcoin slipped back into outflows and solana suffered a sharp reversal. The day showcased a clear rotation in investor appetite across the three major crypto ETF categories. Bitcoin and Solana Turn Red as Ether Roars Back Some […] from Bitcoin News https://ift.tt/b3gCZDz
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Jobs Down, Bitcoin Up

The cryptocurrency almost crossed into $94K territory after a lackluster jobs report nudged up the odds of an interest rate cut by the Fed. Bitcoin Climbs on Weak Labor Data Private employers cut 32,000 jobs in November, according to human resources firm ADP in its latest jobs report, published Wednesday. But instead of sending markets […] from Bitcoin News https://ift.tt/tTPlMRz
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Cryptoquant Analysts Cite Structural Shift in Strategy’s Bitcoin Accumulation Plans

Strategy has adopted a new dual-reserve treasury framework, according to a comprehensive analysis from cryptoquant.com, marking a notable shift in how the firm manages bitcoin exposure heading into what analysts describe as a potential extended downturn. Strategy Adjusts Bitcoin Playbook A new report from Cryptoquant’s research team outlines a significant restructuring of Strategy’s treasury design, […] from Bitcoin News https://ift.tt/e6P3Uw8
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IREN Rolls out Massive Convertible Bond Offering to Retire Older Debt

IREN Limited is stacking up fresh financing, pricing a twin convertible-notes offering and a concurrent share sale expected to top $2 billion as the company moves to chip away at portions of its older convertible debt. IREN’s Latest Financing Push: Two Convertible Notes, One Big Equity Sale IREN priced $1 billion of 0.25% convertible senior […] from Bitcoin News https://ift.tt/evcs928
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Bitcoin ETFs Reclaim Momentum as Solana ETFs Outshine Ether

Bitcoin ETFs resumed their upward momentum with fresh inflows, while ether ETFs fell back into outflows. Solana funds, meanwhile, delivered another strong day, driven by broad-based inflows across all major issuers. Ether Slips, Solana Surges, and Bitcoin Extends Inflow Streak The crypto exchange-traded fund (ETF) market closed Tuesday, Dec. 2, with a split narrative, one […] from Bitcoin News https://ift.tt/4JsrBnU
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