# 4 December Crypto/ Finance/ Politics news- (Remixed from writer coins on Paragraph)

*Today's news are presented by me , remixed with writer coins article on Paragraph. Big fan of this. Let's see what happens on 17th December... *

By [The Crypto Drift](https://paragraph.com/@thecryptodrift) · 2025-12-04

#ethereum, #base, #solana, #etf, #grayscale, #fidelity, #fusaka

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*   **Ethereum’s post-Fusaka landscape is showing mixed price action.** While BlackRock continues to unload ETH ETF positions, Grayscale and Fidelity have collectively accumulated nearly $78M in Ethereum. Overall sentiment remains bullish, especially as the upgrade opens a new path for smart accounts and broader account abstraction use cases.
    
*   **Not all signals are positive, some headlines point to rising market risk.** American Bitcoin Corporation collapsed 51% in just 26 minutes, while Trump-linked crypto assets dropped nearly 75%, wiping out around $1 billion. It’s not a major figure for the U.S., but it’s a reminder that sudden shocks can still shake pockets of the market.
    
*   **Bitcoin miners are now operating below profitability.** Daily operational costs sit around ~$44/PH/day, while miner revenue has fallen to the ~$35–40/PH/day range, forcing some miners to shut off their rigs. This is reigniting the debate: “Is it smarter to buy Bitcoin directly rather than mine it, especially as weaker miners exit?”
    
*   **Several upcoming catalysts could reshape the next week.** Solana Breakpoint kicks off in Abu Dhabi with major announcements expected from The Graph and Pyth Network. Meanwhile, Bitcoin MENA runs from December 8–12, Optimism’s fee-reducing upgrade goes live on December 9, and Jupiter’s Launchpad opens December 3 with the $WET launch and first-day Coinbase listing scheduled for December 9.
    
*   **The Bitcoin ecosystem is entering a new phase of development.** Historically limited to simple transfers and value storage with Lightning as the only notable L2 Bitcoin is now seeing real Layer-2 momentum. Spark Network aims to bring multichain liquidity to Bitcoin by connecting the Solana ecosystem, while Flashnet is building a Bitcoin L2 designed for token issuance and multi-token launches.
    
*   **Dubai’s crypto scene is heating up ahead of Bitcoin MENA.** The city’s most active event at the moment is **Binance Blockchain Week**, where **Yi He** appeared as the new CEO. In addition, World Neighbor TV announced its partnership with Binance and projected “Buy Aster” across the Burj Khalifa, drawing major attention.
    
    **_As the market stabilizes, new opportunities are resurfacing._** _Presales, memecoins, and yield strategies are showing renewed traction high-risk, but undeniably active. Still, it’s essential to avoid speculation traps and stick to safe investment principles while keeping up with critical market news._
    
    _Thank you for reading. See you with the next updates..._

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*Originally published on [The Crypto Drift](https://paragraph.com/@thecryptodrift/4december)*