Institutional traders have established approximately $2 billion in long call condor positions on Bitcoin through Deribit, exchange data show. The structured trades target BTC settlement between $100,000 and $118,000 by December 2025. Market expectations for a U.S. Federal Reserve rate cut in December have surged from 20% to 85% over the past week, potentially supporting an Ethereum rally.

Ethereum is trading around $3,000, near a trendline that has provided support since 2016. The asset gained 7% over the past seven days, with 24-hour trading volume reaching $14.6 billion. Technical indicators show the RSI at 40.76 and a recent MACD crossover suggesting potential momentum shifts.

Ethereum co-founder Vitalik Buterin announced plans to increase the network's gas limit by five times in 2026, aiming to boost transaction capacity and lower Layer 2 costs. The upgrade would raise the current 60 million gas per block limit while implementing higher fees for resource-intensive operations to prevent node infrastructure strain.

A Chrome extension called Crypto Copilot embeds hidden transfer instructions into Solana swaps executed through Raydium, siphoning 0.05% or at least 0.0013 SOL per transaction to an attacker-controlled wallet. The extension appeared on the Chrome Web Store in mid-2024 and markets itself as a tool for instant SOL trading from X feeds. Cybersecurity researchers from Socket's Threat Research Team identified the malicious behavior, which remains concealed from users during transaction confirmation.

Ethereum will activate its Fusaka upgrade on December 3, 2025, at slot 13,164,544. The upgrade introduces PeerDAS technology through EIP-7594, enabling validators to verify rollup data by sampling random cells rather than downloading complete datasets. The protocol changes target rollup scalability by reducing validator bandwidth requirements while creating pathways for an 8x increase in blob capacity without requiring data center infrastructure for home stakers.

BitMine Immersion Technologies purchased 14,618 ETH valued at $44.34 million on Thursday, data show. BitMine Chair Tom Lee forecasts Ethereum could reach $7,000 to $9,000 by January 2026. The firm holds 3,629,701 ETH representing approximately 3% of total supply.

South Korean authorities are investigating a cryptocurrency breach at Upbit that resulted in the unauthorized transfer of approximately $30.6 million in Solana-linked assets. The attack is suspected to involve North Korea's Lazarus Group, according to government and industry sources cited by Yonhap News. Dunamu, which operates Upbit, confirmed the theft and stated it will reimburse all affected users using its own reserves. Withdrawal and deposit services were halted as internal security reviews commenced.

Solana traded near $142 with a 4% daily gain after reclaiming the $130 support level, according to CoinGecko data. Analysts identify this threshold as critical for determining whether SOL targets $250–$293 or faces downside risk toward $75–$50. On-chain data shows the asset entered capitulation territory, while institutional inflows and ETF activity continue to shape market dynamics.