Ethereum’s Fusaka hard fork, set for Dec. 3, aims to scale the network and boost efficiency. Two blob capacity upgrades on Dec. 17 and Jan. 7, 2026 will double capacity, per Ethereum researcher Christine D. Kim. Three testnets will run from Oct. to mid-Nov. before mainnet deployment.

Validators unstaked a record 2.6M ETH ($12B) last week, hitting an all-time high in the exit queue. Staking pool entries dropped to a 4-week low due to fear of selling pressure. The exit queue wait time is around 43 days, according to Ethereum Validator Queue. Vitalik Buterin defends the lengthy exit queue, arguing it maintains trust in the chain.

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Bitcoin hits new all-time high of $64,863.10, surpassing previous record set in mid-April. The cryptocurrency has seen a surge in value in recent months, with investors flocking to digital assets as alternative investments. Market experts predict continued growth for Bitcoin in the coming months.

Ethereum also reaches new record high, trading at $2,488.39. The second-largest cryptocurrency by market cap has seen a steady increase in value, driven by increased adoption and interest from institutional investors. Analysts believe Ethereum has the potential for further growth in the near future.

Dogecoin experiences sharp decline in value, dropping by 20% in a single day. The meme-inspired cryptocurrency has been on a rollercoaster ride in recent weeks, with high volatility and speculative trading driving price fluctuations. Investors are advised to exercise caution when trading Dogecoin due to its unpredictable nature.: Ethereum’s Fusaka Hard Fork To Go Live On December 3