1. Market volatility, Bitcoin rebounds above 92,000 USD
After experiencing the largest single-day drop since March on December 1 (at one point dropping below 84,000 USD), Bitcoin strongly rebounded by about 7% on December 2, with prices returning above 92,000 USD. This volatility led to a large number of leveraged positions being liquidated, with the total amount of liquidations in the past period nearing 1 billion USD, and market sentiment remains fragile.
2. BlackRock transfers large amounts of Bitcoin to Coinbase
Global asset management giant BlackRock has transferred approximately 1,633.875 BTC (worth about 142.6 million USD) to the Coinbase Prime platform. Such moves are usually closely watched by the market.
3. U.S. SEC Chairman: The innovative exemption for cryptocurrency companies will take effect next January.
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler stated that the innovative exemption policy for cryptocurrency companies will take effect in January 2026. This brings new regulatory expectations to the industry.
4. VanEck extends its zero-fee policy for Bitcoin ETF until the end of July 2026.
Asset management company VanEck announced that it has extended its zero management fee policy for its Bitcoin ETF (code: HODL) until July 31, 2026. This move may aim to enhance the product's attractiveness.
5. CME launches Bitcoin volatility index.
The Chicago Mercantile Exchange (CME Group) has launched the Bitcoin Volatility Index (BVX). This index aims to quantify market uncertainty and functions similarly to the ‘Fear Index’ VIX in the stock market, providing new risk management tools for the market.
6. Bank of America recommends wealth management clients allocate 1%-4% of their portfolios to crypto assets.
Bank of America has advised its wealth management clients (including those at Merrill, etc.) to consider allocating 1% to 4% of their portfolios to digital assets and to choose regulated investment instruments.
7. The President of Poland vetoed a strict regulatory bill on the cryptocurrency market.
The President of Poland vetoed a bill passed by the country's parliament on the grounds of excessive regulation that could threaten civil liberties and stifle innovation. This move was welcomed by the crypto community.
8. MicroStrategy announces it has raised $1.44 billion to pay future dividends and interest.
The well-known Bitcoin-holding public company MicroStrategy announced that it has raised $1.44 billion through stock sales, aiming to build reserves to pay preferred stock dividends and debt interest over the next 12 to 24 months. The company also stated that it might sell some Bitcoin if its market value falls below the adjusted net asset value (mNAV) of its Bitcoin holdings and there are no other financing channels.
9. The value of cryptocurrencies related to the Trump family has significantly decreased.
According to reports, multiple cryptocurrencies associated with former President Trump’s family have seen significant declines in value, with the TRUMP token dropping over 90% from its peak.
10. The Ethereum 'Fusaka' upgrade was launched on December 3.
The Ethereum network has launched an upgrade called 'Fusaka' today, aimed at improving network performance.
If you find the above information helpful, feel free to like and follow, thank you!
