Ethereum’s Fusaka upgrade: Scaling rollups without breaking the core

An Ethereum ICO participant has sold 23,000 ETH within a week, a move that may indicate shifting market confidence and could influence Ethereum's price stability and investor sentiment. This significant sale follows a period of heightened trading activity in the cryptocurrency market.

Strategy has reduced its 2025 Bitcoin yield targets and built a $1.44 billion cash reserve, highlighting the volatility associated with corporate Bitcoin exposure. This pivot reflects a strategic shift towards direct investments in the Bitcoin ecosystem, particularly in Layer-2 infrastructure like Bitcoin Hyper, which offers enhanced transaction capabilities.

BitMine Immersion Technologies has added over 7,000 ether to its holdings, totaling approximately 3% of Ethereum's total supply, as part of a strategic move to capitalize on a potential market rebound. This acquisition, valued at around $19.8 million, reflects the company's ongoing commitment to expanding its cryptocurrency portfolio amidst fluctuating market conditions.

XRP's price has dropped by 9.5%, coinciding with a TD Sequential indicator that suggests a potential trend reversal. This decline has raised concerns among traders, particularly as Ethereum also shows bearish signals on its 12-hour chart, prompting a cautious outlook in the cryptocurrency market.

Ethereum's price has fallen below the critical support level of $2,900, currently trading at approximately $2,803, reflecting a 0.9% decrease over the past day amid increasing sell pressure from large investors, known as whales. This decline follows a broader market downturn, with Ethereum experiencing a significant 26% drop in November.

Ethereum developers are advancing the deployment of a new protocol known as the ZK ‘Secret Santa’ system, which utilizes zero-knowledge proofs to verify sender-receiver relationships while maintaining user anonymity. This initiative aims to enhance privacy in transactions on the Ethereum network.

XRP has experienced a significant crash of 9.5%, yet the Tom Demark (TD) Sequential indicator has flashed a buy signal on its weekly price chart, suggesting potential bullish momentum. Analyst Ali Martinez highlighted this development, indicating that the TD Sequential is a tool used in technical analysis to identify possible price reversals based on candle patterns.

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.