💰Ethereum just hit 34,468 transactions per second in a test environment using something called "blob throughput."
Sounds impressive until you realize this is a lab number, not mainnet reality. Current live capacity sits closer to 100 TPS even with Layer 2s doing heavy lifting 😼
The test shows what's theoretically possible if everything scales perfectly. Real-world deployment? Different story.
💰Solana already does 65k TPS in production and still fights network hiccups. ETH's actual edge remains developer mindshare and liquidity, not raw speed. This changes nothing about which chain you should use today.
JUST IN: COOLING JOBS MARKET NUDGES RATE-CUT EXPECTATIONS HIGHER
The unemployment rate rose to 4.6%, higher than the 4.5% expected and up from 4.4% last month.
Job growth came in at 64,000, above expectations but sharply lower than the prior month’s 119,000
📉 A rising unemployment rate matters more than a modest jobs beat. 📊 The labor market is cooling, which slightly increases the odds of a rate cut to 29% from 24%.
Analysts say $BTC 's dip to $85K wasn’t due to spot selling but liquidations, where a small drop triggers forced sells that lead to more liquidations and faster downside.
The latter part of the chart visualize this chain reaction.
🚨 Bitcoin is likely going to bottom at $40,000 sometime next year
Don’t believe me?
Yeah right.
Just like you didn’t believe me when i said $69k was the top in 2021.
If you hold any crypto, you should pay close attention to this.
Let me explain why $BTC should drop to $40k:
Bitcoin has a habit of humbling people right when confidence is strong.
Every cycle looks different on the surface, but underneath, it barely changes.
Here’s the part nobody wants to talk about.
Bitcoin moves in a four-year cycle, driven by liquidity, leverage, and human behavior. Not vibes or euphoria.
We’re late in the cycle right now.
In every previous run, BTC does three things:
1: Explodes higher after the halving narrative kicks in 2: Pulls in max leverage and late buyers 3: Then delivers a deep, violent reset before the next real expansion
That reset is never smooth.
In 2013–2014, it dropped ~85%. In 2017–2018, ~84%. In 2021–2022, ~77%.
Each time, people thought this time is different.
But it never was.
Now look at where we are:
– Price has already had a massive run – ETFs and institutions are already here – People are over leveraged – Volatility is compressed – Everyone is hoping for higher prices
That’s usually when downside risk becomes visible.
A drop toward the $40k area wouldn’t be some black swan even or something like that.
One thing people always forget: Bitcoin doesn’t just bottom and drift sideways forever.
Every single time BTC has put in a real cycle low, it’s been followed by a violent upside move that takes price to new all-time highs and then some.
The pain comes first, then the opportunity.
That $40k area wouldn’t be the end of Bitcoin, it would be the reset that sets up the next massive run.
And if you zoom out, that zone lines up perfectly with:
– Previous resistance turned support – Long-term moving averages – The post-ETF liquidity gap – Where forced sellers would likely exhaust
This isn’t a prediction, that’s what we call good management. Bitcoin doesn’t go up in straight lines… never.
The decline in Bitcoin, Ethereum, and Altcoins is deepening: What is causing the drop? Two top analysts offered two possible reasons!
The decline in Bitcoin and altcoins continues.
Lately, just when Bitcoin seems to be recovering and rising, it immediately experiences a correction.
The same thing happened again this week, and Bitcoin experienced another sharp correction.
At this point, the downtrend in Bitcoin, which was around $92,000 a few days ago, has deepened, and yesterday evening it even broke through the $86,000 level.
According to CoinMarketCap data, Bitcoin (BTC) continues to trade at $86,200, down 4% in the last 24 hours, while major altcoins, including Ethereum (ETH), are also generally declining.
Ethereum also fell by 6%, dropping below $3,000, while XRP fell by 5.8% and Solana (SOL) by 4%.
This decline is attributed to macroeconomic uncertainties, with investors shifting from riskier assets to less risky ones.
At this point, Presto Research analyst Rick Maeda said there wasn't a clear cryptocurrency-specific reason behind the decline.
However, Maeda noted that the sell-off in Bitcoin and altcoins largely coincided with the opening of the US stock market, stating, “The stock market opened at lower levels. This dragged risky assets down with it, making the decline inevitable.”
Vincent Liu, an analyst at Kronos Research, shared similar views. Speaking to The Block, Liu pointed to macroeconomic uncertainties as the reason for the decline.
“With the resurgence of macroeconomic uncertainties, investors have turned to safer assets.”
The Fed's interest rate cut had almost no effect against the cautious outlook, and with the loosening of leverage and the drying up of year-end liquidity, sales led to an even sharper decline.
Liu also pointed to the shutdown of mining equipment in China's Xinjiang region, suggesting it could be a contributing factor to the decline.
Investment company Matrixport has drawn attention to the liquidity problem in the cryptocurrency market!
Matrixport shared a noteworthy assessment regarding liquidity conditions in the cryptocurrency markets.
Matrixport shared a noteworthy assessment regarding liquidity conditions in the cryptocurrency markets. In a statement made on social media, the company emphasized that while the absolute supply of stablecoins continues to increase, the rate of growth has slowed significantly.
According to Matrixport, the cumulative growth rate in stablecoin supply over the past 12 months peaked at the end of October and has since declined.
The company stated that there was a simultaneous weakening not only on the supply side, but also in stablecoin inflows and new liquidity flows into the crypto market.
This situation is said to be a contributing factor to the failure of cryptocurrency prices to gain the expected momentum, especially in recent months. Matrixport argued that the current trend in the markets indicates a more cautious liquidity environment compared to previous periods.
The statement noted that the Federal Reserve's (FED) shift to a more cautious stance in monetary policy was also a significant reason for this weakening.
The Federal Reserve's more cautious signals regarding interest rate cuts are limiting global risk appetite and slowing the flow of capital into the cryptocurrency market. Matrixport notes that this situation is directly reflected in the growth dynamics of stablecoins.
While the company acknowledges that the absolute increase in stablecoin supply is still significant, it warned that the overall liquidity environment may be weaker than previously anticipated. This could lead investors to be more selective in the short term and increase market volatility.