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Ethereum (ETH) Holesky testnet Dencun hard fork expected in 12 hours

"The Ethereum (ETH) Dencun upgrade will be active on the Holesky testnet within 12 hours," reported EtherHub co-founder 'sassal.eth' (account X). The ETH Foundation previously performed the Denkun hard fork upgrade on the Goli and Sepolia testnets on January 17-31. The mainnet upgrade is expected to take place in early to mid-March.

Blockchains always upgrade to address scalability issues they face. Ethereum is no different, and this hard fork is a rollup to improve it. Ethereum's Dencun hard fork is a massive upgrade that includes a number of updates, including EIP-4844 (proto-danksharding) to improve ETH scalability, system optimizations and network security improvements. This is expected to result in a more than 10x reduction in fees.

Binance WBTC plunges to $5200, then recovers

Cointelegraph reports, “A flash crash in the price of WBTC occurred on Binance on Nov. 23 (local time). This caused WBTC to briefly drop from $98,000 to $5,200, but has since recovered. The cause of the error is still unknown.

blockchain crypto cryptocurrency Trump nominates Crypto Proponent Secretary (SpotedCrypto)

Trump nominates 'Crypto Proponent' Howard Lutnick as Commerce Secretary, while US SEC chairman struggles to narrow down candidates to four.

US President-elect Donald Trump has nominated US investment bank Cantor Fitzgerald CEO Howard Lutnick to serve as Secretary of Commerce, according to the Wall Street Journal (WSJ). Lutnick is an avid supporter of Bitcoin and Tether (USDT), with Cantor Fitzgerald reportedly serving as Tether's U.S. Treasury bond

blockchain crypto cryptocurrency IBIT Option hit 1.9B first day od trading (SpotedCrypto)

BlackRock IBIT Options Hit $1.9 Billion in First Day of Trading, Grayscale Begins Trading on November 20th.

Bloomberg ETFs analyst James Seyffart reports via X that “Options volume on BlackRock's bitcoin spot ETF IBIT, which began trading today (Nov. 19), was about $1.9 billion. A total of 35.4 million contracts were active, of which 28.9 million were calls (82%) and 65,000

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