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Bhutan launches digital ID system on
Ethereum
, emphasizing security with zero-knowledge proofs for 800,000 credentials by 2026.
$ETH
ETHUSDT
Perp
3,088.26
-0.55%
#etherium
#Bhutan
#DigitalID
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Ethereum progresses with the Fusaka upgrade, enhancing transaction speed, security, and node efficiency for Layer 2 networks. This prepares for the mainnet launch on December 3, 2025. $ETH #etherium
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Ethereum is advancing security and scalability, driving institutional investment and increased on-chain activity, while powering Bhutan's national digital identity with secure zero-knowledge proofs, demonstrating blockchain governance potential. #etherium
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Grayscale now offers Ethereum staking in U.S.-listed products, boosting institutional appeal and potential staking rewards. #Grayscale
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Bitcoin Smashes $126K Record as Ethereum Rallies to $4,700 October's historically bullish reputation appears intact as institutional flows and supply dynamics drive prices higher. $BTC established another record at $126,223 Monday while $ETH climbed to $4,700, its strongest level in over three weeks, as macro conditions aligned to support broad crypto market gains. The rally extended across multiple assets. DOGE and BNB each gained 6%. October's historically bullish reputation appears intact as institutional flows and supply dynamics drive prices higher. Jean-David Péquignot, chief commercial officer at Deribit, described the move as driven by macroeconomic tailwinds, including the government shutdown, record ETF inflows, and declining exchange supplies. He characterized the dynamics as a self-reinforcing bull cycle. Bitcoin also reached new peaks in euro and Swiss franc terms, crossing 106,000 EUR and 99,642 CHF, respectively. The gains occurred as dollar weakness persisted and investors sought inflation hedges amid geopolitical uncertainty. Galaxy Digital shares jumped 7% after unveiling GalaxyOne, a new trading platform competing with Robinhood's retail-focused offering. Robinhood stock fell 3% on the announcement, while Coinbase, Circle, and Strategy each closed roughly 2% higher. Mining stocks recorded the session's largest gains. Marathon Digital, Riot Platforms, and CleanSpark each rose approximately 10% following news that OpenAI secured a deal to purchase tens of billions in AI chips from AMD. The agreement may give OpenAI up to a 10% stake in the chipmaker. Technical analysis suggests short-term targets of $128,000 to $130,000, with possible upside to $138,000. However, Péquignot cautioned that overbought conditions could trigger a brief pullback toward $118,000 to $120,000. ETF demand continues to squeeze available supply as spot products maintain strong inflows. Péquignot advised watching for volatility spikes and shifts in put volume as potential signals for near-term corrections.
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MetaMask launches $30M Linea token rewards for Ethereum, advancing zero-knowledge rollups and user-governance initiatives. #MetaMask $ETH
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