Bhutan just sent 320 Ethereum (about $970k) to Figment, which is basically a company that helps institutional players stake their crypto securely.

This is part of Bhutan’s bigger push into blockchain stuff. They recently moved their whole national digital identity system over to Ethereum, giving citizens more control over their own data through the decentralized platform. They’ve still got another $1 million in ETH sitting around that they could potentially stake, too.

Figment is handling the staking for them as Bhutan keeps diving deeper into crypto. It’s a pretty strong vote of confidence in Ethereum’s future, plus it helps keep the network running through its proof-of-stake system.

ETH’s been doing pretty well lately – up 3.08% in the last day, actually beating out Bitcoin’s 4.7% gain. The whole crypto market’s been bouncing back.
There’s also some exciting stuff coming up – Ethereum’s got the Fusaka upgrade dropping December 3rd.

It’s supposed to seriously boost scalability by doubling data capacity with PeerDAS and increasing gas limits. Some analysts are comparing it to the Pectra upgrade from May, which caused ETH to jump 20% after launch.

DISCOVER: Top 20 Crypto to Buy in 2025 

Ethereum Price Prediction: 3K Reclaimed – $5,000 Possible?

(TradingView)

After peaking around $4,120 back in March 2025, ETH’s been getting hammered. But here’s the interesting part – it just bounced cleanly off that 0.618 Fibonacci level at $2,760. That’s the same spot that held up the last big uptrend earlier this year, so it’s kind of a big deal.

Now ETH’s trying to get back above the $3,000 mark, which has always been a make-or-break level – basically where price decides if it’s gonna keep falling or start recovering.

The thing is, it’s still looking pretty shaky above $3,000. There’s some serious resistance waiting overhead – first at $3,600 (the 0.382 Fib level), and then again up at $4,120 (the 0.236 Fib). So even though it bounced, it’s got a tough road ahead to really break out of this slump.

DISCOVER: Best New Cryptocurrencies to Invest in 2025

Instead Of Ethereum, Bitcoin Hyper Layer 2 On Bitcoin Could Have a Higher Profit Margin

Bitcoin Hyper is starting to look like the standout play while the rest of the market is dealing with uncertainty. Bigger players are recognizing the shift that is happening in crypto right now, and Bitcoin Hyper is positioning itself on the right side of that trend.

The project already secured 28.58 million dollars in funding and offers a clean 40% APY, which is why investors are treating it as one of the few yield opportunities with real backing instead of just hype.

While the market waits for big catalysts and upgrades across the major chains, Bitcoin Hyper is taking advantage of the momentum that is building. Strong capital inflow, an expanding ecosystem, and early adoption are setting the tone.

A lot of projects are struggling to prove staying power, but Bitcoin Hyper is moving in the opposite direction and showing growth when it actually matters.

Visit HYPER Here

DISCOVER: Best Meme Coin ICOs to Invest in 2025

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways


  • Bhutan keeps staking more ETH, which signals growing institutional confidence in Ethereum.
  • ETH reclaimed key support and could push higher if buyers hold above 3000.

 

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Ahmed Balaha
Ahmed Balaha
Crypto Journalist

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. He has a strong interest in financial literacy and sustainable investing, and he combines these... Read More

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