Monad Price To Crash 99%? BitMEX Co-Founder Calls Protocol Another Berachain

Upbit, South Korea's largest cryptocurrency exchange, has announced a restart date of December 1 for digital asset deposits and withdrawals following a significant hack that resulted in a loss of approximately $37 million, primarily affecting Solana-based assets. The exchange has deleted all existing deposit addresses as part of its security measures.

Recent analysis indicates that most Ethereum valuation models suggest ETH is currently undervalued, with projected prices exceeding $4,000. However, one model diverges from this consensus, indicating that ETH may be overvalued. This discrepancy highlights the complexity of valuing cryptocurrencies in a volatile market.

Arthur Hayes has expressed concerns regarding Tether's current interest rate strategy, suggesting that a miscalculation could jeopardize the solvency of its stablecoin, USDT. He analyzed Tether's latest attestation report and highlighted the risks associated with its significant exposure to volatile assets like Bitcoin.

The flow of capital into spot Bitcoin and Ethereum ETFs has shown signs of recovery, marking the first week of net-positive inflows since October, following a prolonged period of outflows. This shift indicates a potential stabilization in institutional demand for these cryptocurrencies after a challenging month.

Ethereum developers are preparing for the Fusaka upgrade, the second major update of 2025, aimed at enhancing the blockchain's capacity to manage increased transaction throughput from layer-2 chains. This upgrade is scheduled for implementation on December 3, 2025.

The launch of Grayscale's spot Dogecoin ETF on November 24, 2025, was met with disappointing trading volumes, reaching approximately $1.4 million on its first day, significantly lower than analysts' expectations. This muted response reflects a lack of enthusiasm in the market despite the anticipation surrounding the first-ever Dogecoin ETF.

Ethereum's price has recently stabilized around $3,000 after a significant rebound in the broader cryptocurrency market, gaining 7.22% following a prolonged correction that saw its value drop from $4,700 to as low as $2,900. This recovery coincides with a notable decrease in open interest in Ethereum futures, which fell from $21 billion to approximately $17 billion in late November.

Ethereum's price has recently declined significantly, trading at around $3,000, which marks a nearly 40% drop from its peak this year. This downturn aligns with a broader crypto market crash, raising concerns about the stability of Ethereum as it approaches the Fusaka upgrade scheduled for December 3.