Ethereum's derivatives market has hit a new peak, with open interest soaring over $13 billion, marking a 40% increase in four months. Analysts suggest Ethereum might soon outperform Bitcoin, but caution is advised due to high leverage and potential market corrections.

Ethereum maintains a stronghold in decentralized finance with a TVL of $59.4 billion, though Solana outpaces it in DEX volumes. Despite a slight price drop, Ethereum plans to boost scalability with Ethereum 3.0 and zkEVM.

Project Liberty, led by Frank McCourt, partners with Consensys to develop a decentralized social media platform using Ethereum's tech, challenging giants like X and Facebook. With $500 million in funding, the initiative aims to empower users through data control and interoperability, as it hosts a summit in D.C. on November 21-22, 2024.

Investor interest in Ethereum is skyrocketing, with spot ETFs amassing $147 million and whales buying $1.4 billion, despite a 15.8% drop in large transaction volume. Ethereum's bullish outlook hinges on maintaining key support levels, with projections suggesting potential prices of $4,000 to $10,000.

DeGate introduces Cross-Chain Intent Trading, enhancing secure token trades across blockchains, starting with Solana, while keeping user asset control intact. The closed beta launched on November 20, 2024, for whitelist users, with plans to expand its reach soon.

The Dencun hard fork's introduction of 'blobs' has significantly reduced Layer 2 costs, with Base's expenses dropping from $9.34 million to $42,000 in just two quarters. However, rising blobspace costs amid increased on-chain activity are prompting Ethereum researchers to propose increased blob limits in the Pectra hard fork to maintain competitiveness and prevent user migration to cheaper alternatives.

Fhenix has launched Nitrogen, a testnet for its Layer 2 network using Fully Homomorphic Encryption to enhance blockchain privacy and security. The testnet features new tools like FHE.rand() for developers and integrates with Celestia to reduce costs, marking a significant step towards its mainnet launch.

21Shares AG has launched a new Ethereum Core Staking ETP, enhancing accessibility to Ethereum staking for European investors. Traded as ETHC, it offers a 3.4% average return and reflects a growing trend in staking-based investments despite US regulatory challenges.

Ethereum trades at $3,076, up 4% from a daily low, as it navigates key resistance and support levels. Recent upgrades and low gas fees boost transactions, but investors remain cautious amid market volatility.

The Bank for International Settlements (BIS) reports that liquidity in DeFi, particularly on Uniswap v3, is dominated by a few players, challenging the decentralized ethos. While DeFi offers fewer barriers than traditional finance, the study suggests centralization trends persist, with institutional players capturing most benefits.

Xsolla unveils Xsolla ZK, a Web3 solution simplifying blockchain integration for game developers with a focus on real value rather than just innovation. Utilizing ZKsync for Ethereum, it promises faster transactions, lower fees, and secure digital asset management, enhancing the gaming landscape.

A new paper introduces a decentralized authentication system using blockchain and IoT to combat counterfeiting, leveraging Ethereum's Proof of Stake for secure transactions. This innovative approach, vital for industries like smart cities and healthcare, enhances product traceability and authenticity but faces challenges in IoT security and standardization.

Despite a 6% price drop in the past week, Ethereum sees rising speculative interest from derivative traders, hinting at possible market dynamics shifts. As of today, open interest hit a record $18.31 billion, reflecting increased long positions despite prevailing bearish sentiment.

Vitalik Buterin has transferred 32 Ether, worth about $100,000, to the Base Layer 2 blockchain to mint 400 Patron NFTs, signaling renewed interest in the NFT market. This move follows his engagement in raising $67 million for Infinex through previous NFT acquisitions, highlighting the market's potential recovery amidst a challenging year.

Ethereum leads the blockchain space with $149.9 billion in monthly onchain volumes, vastly outpacing BNB Chain's $26.6 billion. Despite high transaction fees, Ethereum is bolstered by layer-2 solutions and a promising roadmap, including Ethereum 3.0 advancements.

Ethereum ETFs have attracted $515 million, signaling renewed investor confidence in Ethereum as a stable asset. Notably, BlackRock's iShares Ethereum Trust led with $131.4 million, reflecting strong market interest.

Dexaran, a hacker and Ethereum Classic developer, criticizes the ERC-20 standard for its security flaws, which have caused significant financial losses. Despite multiple reports and an alternative proposal, the Ethereum Foundation and auditors have ignored these concerns, leading to ongoing user risks.

Glauber Contessoto, the 'Dogecoin millionaire', predicts a shift in institutional investments from Bitcoin to Ethereum, highlighting its development potential. Ethereum's open interest now stands at $18 billion, with a 79.9% increase in large transaction volume, signaling heightened market interest despite recent performance lags.

Moonray debuts free-to-mint NFT character skins today, expanding its Ethereum-based game with digital asset ownership. The 48-hour minting on OpenSea integrates with Base, enhancing player engagement.