Ethereum Gets Ready for "Fusaka," | Bitcoin Corrects | and Trust Wallet Enters | The Apple Ecosystem

November has been a terrible month for "Moon boys" but a really interesting one for serious crypto investors. The end of the month finds the market also suffering from a sharp Bitcoin price drop of 20% which has pushed the asset lower than its October high.

Nonetheless, if only the red candles won't be a concern to you, the crypto world is really maturing in terms of infrastructure faster than ever. From Ethereum's huge scaling upgrade set to happen this week to Trust Wallet's partnership with Apple Pay, the "Crypto Winter" is turning into a "Building Spring."

Here is a summary of the weekly stories that actually matter.

1. The Ethereum "Fusaka" Upgrade is Set for December 3rd

Though Bitcoin is constantly making big news, Ethereum developers have very quietly set the date for the network's most significant upgrade of 2025.

The "Fusaka" Hard Fork is now set for a mainnet launch on December 3, 2025. In contrast to past upgrades that have targeted power consumption (The Merge) or withdrawals (Shanghai), Fusaka is totally about Speed and Cost.

• The Tech: It presents the "PeerDAS" (Peer Data Availability Sampling). To put it simply, this feature permits validators to confirm the data by not having to download the complete dataset.

• The Impact: This is predicted to reduce the transaction costs of Layer 2 networks (Arbitrum, Optimism, and Base) to a greater extent.

• Why It Matters: If you were among those who had been grumbling about gas fees during the last bull run, then Fusaka is your long-awaited solution. Some analysts consider this might be a factor that separating Ethereum's price movements from Bitcoin's current downturn.

2. Apple Pay & Trust Wallet: A Huge Onramp

Trust Wallet made a significant announcement this week (Nov 27) that it has fully integrated Apple Pay, which is a gesture connecting the two worlds of Web2 and Web3.

For a long time, the main issue with "Self-Custody" (where you have your own crypto keys) was that users had to find a way of putting money into the wallet. People could either buy on a centralized exchange (like Binance or Coinbase) and then transfer it out, resulting in double fees in some cases.

The New Flow: Crypto purchasing via Trusted Wallet app is available for users from more than 45 countries who will be able to utilize their Apple Pay cards. With this integration, millions of iPhones effectively become instant crypto on-ramps.

• Security Note: Trust Wallet is "Non-Custodial" despite the fact that this has made buying much easier. So if your 12-word seed phrase is lost, Apple Support will not be able to do anything to help you.

3. Bybit Expands Regulatory Footprint in Central Asia

In the meantime, US regulators are still clashing with crypto companies, but Bybit is the one company that is rapidly extending its globally regulated operations.

On November 26, Bybit made the new fully regulated Peer-to-Peer (P2P) trading platform opening in Kazakhstan as the first company to do so.

• The License: The authority overseeing the operations is Astana Financial Services Authority (AFSA), and it is one of the very first P2P exchanges that have been granted government approval to operate in its entirety.

• Why It Matters: P2P trading has generally been referred to as the "Wild West" of crypto owing to the presence of scammers and bank accounts getting frozen. Bybit’s move to regulate this sector indicates that centralized exchanges (CEXs) are adopting the "Compliance First" model to ensure their existence.

4. Market Analysis: The "Healthy" Correction

During November, Bitcoin's value has fallen by about 20%. Despite the fact that new investors are panic selling, on the basis of on-chain data the situation can be termed as a regular "leverage flush."

• The Data: Open Interest (the number of betting contracts open on Bitcoin) has gone back to levels recorded in October.

• The Outlook: Historically, Bitcoin has often declined in price before a major technical upgrade in Ethereum and then rallied afterwards. The Fusaka upgrade is just around the corner and many institutional traders are probably just sitting there doing nothing, waiting to see if the upgrade goes off without a hitch.

5. Security Alert: The "Airdrop" Scam Is Back

At last, a brief alert to all our readers who are using decentralized wallets. The market dipping has caused the scammers to revert to the old trick: The Fake Airdrop.

If you check your wallet and discover a random token that you have not purchased (often with a name resembling "AIT", "USDTv2", or "ClaimReward"), AVOID ANY INTERACTION WITH IT.

• The Deception: The tokens are programmed in such a way that when you attempt to "swap" or "sell" them, you have to sign a contract granting permission.

• The Snare: The permission given by that contract allows the scammer to take away your legitimate tokens (like USDT or ETH).

• The Solution: all you have to do is to hide the token in your wallet settings and then disregard it.