BTC falls below the $107000 mark

[Ethereum Fusaka Upgrade Scheduled to Officially Launch on December 3] Ethereum Foundation researchers confirmed during the All Core Developers call that the Ethereum mainnet hard fork upgrade Fusaka will officially launch on December 3 (UTC+8). This upgrade includes approximately ten Ethereum Improvement Proposals, aimed at enhancing the sustainability, security, and scalability of the base chain and Layer 2 solutions. Fusaka will introduce PeerDAS technology, providing validators with a more efficient method of data access. This technology was originally planned for inclusion in the Pectra upgrade earlier this year in February but was delayed due to testing requirements. Additionally, Fusaka will increase the block gas limit from 30 million units to 150 million units and significantly boost blob data capacity.

Member indicators show that the current price of ETH is below the EMA24/52 moving average, and the slope of EMA24 is decreasing by -1.63%, clearly indicating a bearish signal. Based on the distribution of chips, the trading volume in the strong resistance zone of 3936 accounts for over 5%, and long attempts to break through have been unsuccessful, increasing the risk of a downward reversal. At the same time, the KDJ death fork combined with the black three soldier form further confirms the downward trend. In addition, the latest 4-hour cycle K-line has formed a belt catching line, but the increase is accompanied by a decrease in trading volume, indicating insufficient upward momentum. If it falls below the 3678 support, it may accelerate the downward trend. Open membership, accurately capture key trends, and stay one step ahead to lock in trading opportunities! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.

Binance DOGE/USDT's perpetual trading volume surged 8 times within 10 minutes, with a turnover of 1.438 billion US dollars in the past 24 hours, a decrease of 6.35% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

[Over 26.11 million USDT frozen on Ethereum chain] An address on the Ethereum blockchain holding 26,116,654 USDT (valued at approximately $26,155,829) has been frozen. According to monitoring platform Whale Alert, the freezing event just occurred, and specific reasons or information about the parties involved have not yet been disclosed.

**[Riot's Q3 Net Profit Reaches $104.5 Million, Record Revenue Hits $180.2 Million]** Crypto mining company Riot Platforms released its third-quarter financial report, showing a net profit of $104.5 million and record revenue of $180.2 million, more than doubling year-over-year (compared to $84.8 million in the same period last year), reversing the previous quarter's loss. The growth in performance was primarily driven by an increase of $93.3 million in Bitcoin mining revenue, with the company mining a total of 1,406 Bitcoins during the quarter. Despite global hash rate surging by 52% compared to the previous quarter, the average mining cost per Bitcoin (excluding depreciation) rose to $46,324. Riot benefited from power credits that offset part of the costs. Adjusted EBITDA reached $197.2 million, including $133.1 million in Bitcoin accounting gains. CEO Jason Les stated that the company is accelerating the expansion of its data center business, including the development of the 112-megawatt Corsicana facility, aiming to transform into a large-scale diversified data center operator. Currently, Riot holds nearly 20,000 Bitcoins, valued at over $2 billion, making it the second-largest reserve among mining companies. Following the release of the financial report, Riot's stock price closed down 4.87% on the day.