Glassnode: BTC dört yıllık döngü geçersiz oldu, Ethereum TPS tarihinde yeni bir rekor kırdı

Bitcoin

CEO of Charles Schwab: Bitcoin trading services to start in 2026

Charles Schwab CEO stated that they will begin offering Bitcoin trading services in 2026.

Jack Dorsey’s Block Q3 Bitcoin Revenue Approaches 2 Billion USD, Nearly One-Third of Total Revenue

According to the 10-Q filing submitted to the U.S. Securities and Exchange Commission (SEC), Jack Dorsey’s fintech and digital payments giant Block (stock code XYZ) achieved a revenue of 6.11 milyar USD in the third quarter, with a net profit of 461.5 milyon USD.
Dorsey, in a letter to shareholders, said: “Block’s gross profit in the third quarter increased by 18% year-over-year, with Cash App growing by 24%, and Square business by 9%.”
Data from The Wall Street Journal and The Block shows that Block’s stock closed at 70.94 USD, down 3.7%, and after-hours trading further declined by 9.6% to 64.10 USD.
Block’s Bitcoin business revenue is approximately 1.97 milyar USD, nearly one-third of total revenue, although lower than last year’s 2.4 milyar USD, it remains the second-largest revenue source after subscription and service income.

Glassnode Co-Founder: “Four-Year Cycle” Has Failed, Bitcoin Is Evolving into a Mature Asset Driven by Macro Liquidity

Glassnode’s co-founder Negentropic wrote that the “four-year cycle” has failed. Bitcoin is evolving; as this asset matures, it becomes more stable, less volatile, and more deeply integrated into global macro investment portfolios. This is not a flaw but a feature.
The larger and more robust an asset, the less it is affected by structural supply factors (such as halving, miner sell pressure, issuance shocks), and instead more influenced by liquidity, credit cycles, and macro trends.
Most people in the crypto market still think within outdated models; once a narrative becomes a consensus, it ceases to be effective. Market makers use this consensus as a weapon, which is the easiest way to clear uninformed traders.
The “four-year cycle” is the most widely adopted paradigm in crypto history, and because of that, it has become a perfect tool to manipulate retail investors; the cycle still exists.

Cathie Wood Lowers Bitcoin 2030 Price Target to 1.2 Million USD

ARK Invest founder and CEO Cathie Wood adjusted her long-term outlook for Bitcoin, lowering her 2030 price target by 300,000 USD. Specifically, she now expects this top global market cap cryptocurrency to reach about 1.2 milyon USD, down from her previous estimate of 1.5 milyon USD.
Wood stated that the rise of stablecoins prompted her to lower her bullish outlook on Bitcoin. However, she still views Bitcoin as an important component of the digital economy.
Despite the downward revision, Wood remains confident in Bitcoin. She describes it as a global, decentralized monetary network, with functions similar to gold as a store of value.
She also pointed out that stablecoins and Bitcoin serve very different purposes. Stablecoins are essentially “tokenized cash,” while Bitcoin remains a scarce, non-sovereign asset suitable for long-term wealth preservation.

Santiment: Major Divergence Between Bitcoin Whales and Retail Investors Is a Warning Signal

According to Santiment, when Bitcoin whales sell, retail investors are buying heavily. If history is any guide, this pattern could signal trouble for Bitcoin’s price.
In a market report on Saturday, Santiment said: “Historically, prices tend to follow whales’ movements rather than retail investors.” Since October 12, whales holding 10 to 10,000 BTC have sold about 32,500 BTC. However, Santiment added, “small retail wallets have been actively buying the dip.”
Santiment considers this divergence among different groups as a “warning signal.”
Data from CoinMarketCap shows that during this period, Bitcoin’s price fell from 115,000 USD to 98,000 USD on November 4, a decline of about 15%. At the time of writing, Bitcoin’s price has rebounded to 103,780 USD.

Ethereum

Ethereum Foundation Announces Fusaka Upgrade, Mainnet Activation Planned for December 3

Ethereum Foundation announced the Fusaka upgrade, which is scheduled to activate on the Ethereum mainnet at slot 13,164,544, expected at 21:49:11 UTC on December 3, 2025. This upgrade introduces a new parameter (BPO) for Blob fork, enabling safe expansion of blob throughput after PeerDAS activation.
The main feature of Fusaka is PeerDAS (P2P Data Availability Sampling), which can significantly increase blob throughput. Fusaka also optimizes execution and consensus layers to improve L1 performance and user experience.

Opinion: Ethereum Is Entering Final Adjustment Phase, May Drop to 3400 USD

On November 4, well-known crypto analyst @IamCryptoWolf posted on X that Ethereum is entering the final phase of its adjustment that began in August, part of a larger pattern around 1500 USD. If Ethereum cannot quickly return to 3900 USD, it is expected to buy in at around 3400 USD.

Ethereum TPS Reaches Record High of 24,192 Transactions Per Second

Ethereum set a new record with 24,192 TPS, with Layer 2 network Lighter continuously contributing about 4,000 transactions per second since launch.

Data: Ethereum’s stablecoin supply reaches a record high of 184.1 billion USD

Ethereum’s stablecoin supply has reached 184.1 milyar USD, setting a new all-time high.

Ethereum Validators Queue Surges, Over 1.5 Million ETH Waiting for Staking

The validator queue on Ethereum continues to grow, with about 1.5 milyon ETH waiting to be staked, while approximately 2.45 milyon ETH are in the withdrawal queue. Analysts note that this trend indicates sustained confidence in Ethereum’s long-term prospects, with validators willing to accept delays and risks between locking funds and earning rewards to support network security.

Other Projects

Humanity Protocol Uses Mastercard Open Financial Technology

Humanity Protocol utilizes Mastercard’s open financial technology to enable secure access to financial services via Humanity ID.

Ripple Acquires Custody and Wallet Tech Company Palisade

Ripple announced on Monday the acquisition of custody and wallet technology firm Palisade, aiming to expand its “custody capabilities” for fintech companies, crypto-native firms, and large enterprises. This year, Ripple has invested around 4 billion USD through multiple acquisitions, including a 1.25 milyar USD purchase of trading broker Hidden Road in April, a 200 milyon USD acquisition of stablecoin platform Rail, and a 1 milyar USD purchase of enterprise financial management platform GTreasury last month.
Ripple stated that Palisade’s fast, lightweight wallet combined with its bank-grade vault will create end-to-end institutional custody services covering long-term asset storage, real-time global payments, and corporate financial management.

Fomo Cryptocurrency Trading App Completes 17 Million USD Series A Funding, Benchmark Leads

On November 6, TechCrunch reported that the consumer crypto trading app Fomo announced the completion of a 17 milyon USD Series A funding round, led by venture capital firm Benchmark, bringing its total funding to 19 milyon USD.
Fomo was co-founded by Paul Erlanger and Se Yong Park, who previously worked at crypto trading platform dYdX. Launched in May this year, the app aims to provide cross-chain crypto asset trading services, supporting major coins like Bitcoin, Ethereum, Solana, as well as meme coins and altcoins.

SuiLend: Elixir Has Repaid All USDC Debts, Lending Market Withdrawal Function Restored

SuiLend, a lending protocol in the Sui ecosystem, announced on X that the Elixir team has repaid all USDC debts, and the previously isolated lending market withdrawal function has been restored.
SuiLend had been closely monitoring Stream Finance’s significant losses, with reports indicating its largest single exposure of 93 milyon USD was related to Elixir’s deUSD.

Commonware Completes 25 Million USD Funding, Tempo Leads

Crypto infrastructure company Commonware announced the completion of a 25 milyon USD funding round, led by Tempo. Founder Patrick O’Grady declined to disclose other investors, stating only that the company is committed to developing open-source code to help others launch their own blockchain projects.

Digital Asset Infrastructure Company OFA Group Completes 50 Million USD Private Equity Round

OFA Group, a digital asset infrastructure firm, announced it has completed a 50 milyon USD private equity funding, led by Greentree Financial Group and TriCore Foundation. The new funds will support the development of blockchain infrastructure for tokenized real-world assets and expand its digital asset treasury.