It was a week of mixed signals for the crypto market. Bitcoin price hovered around $115K, finding resistance at around $117,800 as futures-driven volatility and Fed rate cut hopes kept traders on edge. Ethereum also surged above $4,700 this week and set December 3 for its long-awaited Fusaka upgrade, a milestone that could boost network capacity to 12,000 TPS.
Meanwhile, BNB smashed through $1,000, cementing fresh all-time highs and outpacing both BTC and ETH in terms of gains. Altcoins added fuel to the action: NEAR eyed a run to $40, Aster soared 370% after a token swap and CZ’s endorsement, and Dogecoin rallied toward $0.60 amid ETF buzz for SHIB and XRP.
Scroll down for the full breakdown of this week’s biggest stories.
Wall Street’s Rally Flashes Warning Signs
The S&P 500 hit a record $6,665 and the Dow Jones climbed to $46,315, but technicals suggest trouble ahead. Both indexes have formed rising wedge patterns with bearish RSI divergences, raising crash risks. Analysts warn that inflated AI-driven valuations and bubble fears could trigger a sharp correction.
NEAR Protocol Breakout Fuels $40 Price Forecast
NEAR Protocol jumped 11% in a single day, trading near $3.20 with volume up 136% to $669M. Analysts say the breakout clears key resistance and could pave the way for a rally toward $38–$40 this cycle. On-chain strength and AI integrations add fuel to the bullish outlook.
Ethereum Locks in Fusaka Upgrade for December 3
Ethereum developers have set December 3 as the mainnet date for the long-awaited Fusaka upgrade, with testnets rolling out through October. The update introduces PeerDAS, a breakthrough scaling feature that could boost Ethereum’s capacity to 12,000 TPS. While seamless for users, validators must upgrade clients ahead of each fork.
Shiba Inu Price Holds Steady as SHIB ETF Speculation Builds
Shiba Inu (SHIB) is consolidating near $0.000013 as traders weigh the fallout from the recent Shibarium hack against growing buzz over a potential spot SHIB ETF. With new SEC approval standards favoring Coinbase-listed futures tokens, optimism is rising that SHIB could soon see its own ETF catalyst.
Coinbase Brings DeFi Lending On-Chain With Morpho Partnership
Coinbase has launched onchain DeFi lending through a Morpho integration, offering users up to 10.8% APY on USDC deposits. The move marks Coinbase’s first fully on-chain lending product, combining institutional-grade security with seamless access via its app, while reinforcing USDC’s role in a growing decentralized finance landscape.
Aster Token Skyrockets 370% After Swap and CZ Endorsement
Aster (ASTER) surged 370% in 24 hours to an all-time high of $0.77, with trading volume up 680% to $458M. The rally followed APX’s 1:1 swap into AsterDEX, plus a public nod from Binance’s CZ, fueling speculation of a potential Binance listing.
Rex-Osprey Launches First U.S. ETFs for XRP and Dogecoin
Rex-Osprey has debuted the first U.S.-listed ETFs for XRP (XRPR) and Dogecoin (DOJE) on the CBOE. The funds provide regulated spot exposure to both tokens under a 1940 Act structure, marking a milestone for altcoin ETFs as investors await SEC rulings on Solana, Cardano, and Polkadot.
Sharps Technology Bets $400M on BONK Liquid Staking
Sharps Technology has built one of 2025’s largest Solana treasuries after acquiring $400M in SOL, now staked through BONK’s liquid staking platform. The move boosts BonkSOL’s liquidity while signaling how institutional players are embracing Solana DeFi for treasury yield, flexibility, and long-term growth.
XRP Poised for Breakout as ETF Hopes Build
XRP is consolidating near $3 after retreating from July’s $3.65 peak, but technical patterns suggest the pullback may be a bullish reset. A pennant and cup-and-handle formation point toward upside, with targets at $3.39, $3.65, and possibly $4.29. Catalysts include looming Fed rate cuts, October ETF deadlines, and Ripple’s growing RLUSD stablecoin adoption.
WLFI Climbs as Trump-Backed Stablecoin Expands to Solana
World Liberty Financial (WLFI) rose 5% to $0.22 after announcing its USD1 stablecoin expansion to Solana. Trading topped $947M as hype from Eric Trump’s tweet, a $47M burn, and Solana-based rewards boosted momentum. Still, token freezes and insider dominance raised questions over decentralization.
Dogecoin Breakout Signals Possible Run to $0.60
Dogecoin jumped nearly 40% this week, briefly touching $0.29 before easing to $0.26. Analysts say a bullish triangle breakout, surging volumes, and favorable on-chain metrics could propel DOGE toward $0.45, and potentially $0.60, if support holds above $0.227. Traders eye momentum as meme coin speculation heats up.
London Stock Exchange Launches Blockchain Fundraising Platform
The London Stock Exchange Group (LSEG) has unveiled its Digital Markets Infrastructure (DMI) platform, using blockchain to streamline fundraising for private funds. Powered by Microsoft Azure, the system digitizes assets across their lifecycle and connects managers directly with investors. Early users, including MembersCap and Archax, have already executed tokenized deals, signaling a landmark step in bridging traditional finance with blockchain efficiency.
