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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
- 13:50Prenetics, backed by David Beckham, raises $46.8 million to advance its Bitcoin vault strategyJinse Finance reported that health technology company Prenetics (PRE) has completed an oversubscribed equity financing of $46.8 million, which will be used to globally expand its health brand IM8 and accelerate its bitcoin vault strategy. If all warrants are exercised, the total financing amount could reach $212 million. Investors include a certain exchange, Exodus, and others.
- 13:50Spot silver drops over 3.00% intradayJinse Finance reported that spot silver has dropped more than 3.00% intraday, currently quoted at $47.10 per ounce. New York silver futures have fallen 3.00% intraday, currently quoted at $47.13 per ounce.
- 13:50Norway's largest pension fund increases its holdings of Strategy stock to $29 millionJinse Finance reported that Norway's largest pension fund (KLP) has increased its holdings in Strategy $MSTR to $29 million.