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Ethereum (ETH) Price Under Pressure From Macro Headwinds Despite ‘Fuska’ Upgrade News

Ethereum's price faced downward pressure amid macroeconomic challenges, despite news of the upcoming ‘Fuska’ upgrade set for December 3. Following a retreat from the $3,921 price level, ETH experienced a late bounce, returning to $3,771.82 after dipping to $3,731.00. Trading volume surged 32% above the seven-day average, indicating significant market activity during this period. Key resistance levels are now identified between $3,840 and $3,880, while immediate support rests at $3,731. The broader macro climate remained cautious, as the U.S. Dollar Index increased and the S&P 500 and Nasdaq Composite recorded losses. The overall market sentiment continues to be influenced by Federal Reserve comments on potential rate cuts not being guaranteed, contributing to a defensive approach from investors.

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New York Court Extends Asset Freeze to Aid Singapore's Multichain Liquidation

A New York court has upheld a freeze on wallets holding approximately $63 million in frozen USDC connected to the collapsed crypto bridge Multichain. The decision supports Singapore liquidators who are seeking recognition of their liquidation efforts in the U.S. Judge David S. Jones directed Circle to maintain the

New York Court Extends Asset Freeze to Aid Singapore's Multichain Liquidation

A New York court has temporarily extended a freeze on three Ethereum wallets containing approximately $63 million in USDC stablecoins, supporting Singapore liquidators of collapsed crypto bridge Multichain in their efforts for recognition in the U.S. The order, issued by Judge David S. Jones, mandates Circle to maintain the

New York Court Extends Asset Freeze to Aid Singapore's Multichain Liquidation

A New York court has temporarily extended a freeze on three Ethereum wallets containing approximately $63 million in USDC stablecoins, aiding Singapore liquidators of collapsed crypto bridge Multichain in their efforts to obtain U.S. recognition of their case. Judge David S. Jones issued a provisional order requiring Circle, the