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The Fusaka hard fork is a major Ethereum upgrade planned for 2025, focusing on scalability, security, and execution efficiency. It introduces nine core EIPs, including PeerDAS, to improve data availability and network performance. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.
The Federal Reserve's Beige Book shows little change in U.S. economic activity, with increasing divergence in the consumer market. JPMorgan predicts a Fed rate cut in December. Nasdaq has applied to increase the position limit for BlackRock's Bitcoin ETF options. ETH has returned to $3,000, signaling a recovery in market sentiment. Hyperliquid has sparked controversy due to a token symbol change. Binance faces a $1 billion terrorism-related lawsuit. Securitize has received EU approval to operate a tokenization trading system. The Tether CEO responded to S&P's credit rating downgrade. Large Bitcoin holders are increasing deposits to exchanges. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
The People's Bank of China held a meeting to crack down on virtual currency trading and speculation, clearly defining stablecoins as a form of virtual currency with risks of illegal financial activities, and emphasized the continued prohibition of all virtual currency-related businesses.
In Brief Vitalik Buterin warns Zcash against token-based governance. Zcash community is divided over future governance approach. ZEC Coin struggles with market negativity and volatile price movements.
- 01:23Chainlink spot ETF expected to launch this week, Grayscale plans to complete private trust conversionAccording to ChainCatcher, Nate Geraci, President of The ETF Store, posted on X that the Chainlink spot ETF is expected to launch this week. Grayscale will be able to convert or upgrade its Chainlink private trust into an ETF format.
- 01:17Key Events and Data Preview for This Week: Powell's Speech, US PCE, and ADP Employment ReportJinse Finance reported that the key events and data for this week are as follows: Tuesday: ① Data: UK November Nationwide House Price Index MoM; Eurozone November CPI YoY preliminary, October unemployment rate; ② Events: Federal Reserve Chairman Powell delivers a speech [simultaneous interpretation]. Federal Reserve Governor Bowman gives testimony before the House Committee. CFTC releases weekly position report. Nvidia attends the UBS Global Technology and Artificial Intelligence Conference. Wednesday: ① Data: US November ADP employment change, September import price index MoM, September industrial production MoM, November S&P Global Services PMI final, November ISM Non-Manufacturing PMI; ② Events: European Central Bank President Lagarde speaks. Li Auto AI Glasses Livis launch event. Thursday: ① Data: US November Challenger job cuts, initial jobless claims for the week ending November 29, November Global Supply Chain Pressure Index, EIA natural gas inventories for the week ending November 28. ② Events: Bank of England Monetary Policy Committee member Mann, ECB Governing Council member Kocherlakota, and ECB Chief Economist Lane deliver speeches; Russian President Putin visits India. The 2025 Brain-Computer Interface Conference will be held in Shanghai. Friday: ① Data: US September core PCE price index YoY, September core PCE price index MoM, September personal spending MoM, December University of Michigan Consumer Sentiment Index preliminary, December one-year inflation expectations preliminary. ② Events: Federal Reserve Governor Bowman delivers a speech. Saudi Aramco announces official crude oil prices around the 5th of each month. (Golden Ten Data)
- 01:05USDC Treasury burns 60 million USDC on the Ethereum networkAccording to Jinse Finance, monitored by Whale Alert, at around 8:42 AM (GMT+8), USDC Treasury burned 60 million USDC on the Ethereum chain.