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Plus: Ethereum bounces after Fusaka upgrade

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GM. Crypto updates are like grapes; you never know if it's a sweet one or something kinda strange.

Let's see which are the juicy ones today:

🍍 Ethereum bounces after Fusaka upgrade;

🗝️ No seed phrase, no panic;

🍋 Android phone chip hacked, Bitcoin processes $6.9T payments + more

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🍍 Market flavor today

Fear and Greed Index
Find out more about the Fear & Greed Index here.

 Crypto Market Cap: $3.16T 1.21% (24H)
  Name   Price 24H 7D
Bitcoin Bitcoin BTC $93,131.96 0.87% 2.39%
Ethereum Ethereum ETH $3,217.01 4.18% 6.77%
XRP XRP XRP $2.15 -0.74% -2.33%
BNB BNB BNB $912.90 1.78% 2.18%
Solana Solana SOL $143.49 1.70% 0.92%
Prices as of 11:00 AM EST. Click here to see live data.

The market today feels like this: Bitcoin's the designated driver at a house party while Ethereum just found out the bar is open and shots are half off.

While BTC chopped around the mid-$90Ks, ETH decided it was main-character day, and pushed back above the $3.2K neighborhood.

That's 'cause Ethereum's Fusaka upgrade actually went live, actually worked, and actually moved numbers on the screen.

Ethereum price chart from BitDegree, 12-04

Source: BitDegree

Here's what Fusaka did in simple terms: it cranked up Ethereum's data throughput so rollups can stuff more transactions into each block.

That means cheaper transactions on L2s, which is exactly what DeFi, gaming, and all the "real usage" narratives have been begging for.

Dev writeups are talking 40-90% lower L2 costs over time, and while that won't hit instantly, traders didn't wait for the monthly report - they saw the fork go live, saw no drama, and started rotating bags.

Of course, the macro dragon is still alive: there's a pile of leverage sitting in BTC and ETH ahead of the next Fed meeting, and the options market is basically saying, "brace yourself."

But today wasn't about macro. Today was about Ethereum proving it can still deliver an upgrade that actually changes the economics of using the chain - and watching the market respond like it's been waiting for something concrete.

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🥝 Memecoin harvest

These coins are lifting harder than your gym mate 🏋️

Data as of 09:34 AM EST.

Check out these memecoins and plenty more here.

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🗝️ No seed phrase, no panic

Losing your house keys is annoying.

Maybe you get locked out. Maybe you call your roommate and pretend you definitely didn't leave them in yesterday's jacket.

But in crypto? Losing your keys isn't just "oops."

It's "welp, there goes my money, my NFTs, and the flex I was saving for later."

All because your life savings depended on twelve random words written on a piece of paper your cat thought was a toy.

Disappointed Jim Halpert

That's the broken part of today's wallets:

They give you ultimate control, but tie all that control to one fragile backup method.

And that's exactly why a new class of wallets is emerging: smart accounts.

Instead of everything depending on one seed phrase, smart accounts let you recover access through multiple, safer options -

trusted friends, hardware keys, or built-in programmable recovery flows.

So the whole experience changes from

👉 "lose one slip of paper, and you're doomed"

to

👉 "lose one method and you still have others."

A much saner way to secure your digital life. 🛡️

Michael Cera happy

This is where companies like Ready (formerly Argent) come in.

They're not just polishing the user interface or adding nicer buttons; they're replacing the core model of wallet security.

With these wallets, things stay fully self-custodial - you're still the boss - but without the Cold Sweat Desk Cleaning Panic™ every time you reorganize your workspace.

And this shift matters because this might be what pushes crypto into the mainstream.

Most normal humans do not want to:

👉 Memorize 12 random words;

👉 Hide a piece of paper;

👉 Pray their seed phrase survives a move, a flood, or an overly curious pet.

If the next wave of users never even has to ask, "Hey, uh… what do I do if I lose my seed phrase?" - that's a massive win.

For peace of mind.

For safety.

And for the cat, who can finally go back to knocking other things off the shelf. 😼

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🍋 News drops you can't miss

🔓 Ledger found a security issue with the MediaTek Dimensity 7300 chip in Android phones like the Solana Seeker. They managed to break through its protection, so if you've got one of these phones, heads up.

💰 Bitcoin settled around $6.9T in payments in the last 90 days. That's right on par with what the big card networks usually see.

👦 Binance launched Binance Junior for ages 6 to 17, where parents get to manage their kids' crypto moves. People can't decide if it's helpful or just asking for drama.

🧑‍💼 Larry Fink from BlackRock talked about how he went from thinking crypto was shady to running a spot Bitcoin ETF. He shared this during a summit interview.

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🍌 Juicy memes

Meme about the contrast between simulated and real-life trading experiences.

Source: @Trader_Theory

Meme about financial losses affecting plans for a house.

Source: @dubzyxbt

Meme about cryptocurrency market crashes and hindsight in investing luck.

Source: @BitcoinMemeHub

Gode S. Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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