Ethereum has experienced three consecutive days of short position liquidations as whale investors deploy significant capital into the market. Notable transactions include a $10 million DAI purchase and a $29 million position by Machi Big Brother. Spot market participants have injected approximately $47 million into ETH purchases, indicating renewed confidence following an extended period below $3,200.

U.S. senators introduced bipartisan legislation Thursday to block export licenses for Nvidia's H200 and Blackwell AI chips to China for 30 months. The Secure and Feasible Exports Chips Act would direct the commerce secretary to deny approvals for these advanced processors, which power large-scale AI models and data centers. The move comes amid White House deliberations on chip export policy and concerns over China's AI development capabilities.

A previously inactive whale address withdrew 171 BTC valued at $15.79 million from Binance after a year of dormancy, according to Onchain Lens. Bitcoin traded at $93,050 with minimal 24-hour movement as Open Interest declined 0.70% to $60.19 billion, reflecting reduced trader activity while the asset tests descending trendline resistance.

Franklin Templeton has launched the Franklin Solana ETF (SOEZ) on NYSE Arca, offering direct exposure to Solana's price movements with integrated staking functionality. The fund, managed by the firm overseeing more than $1.6 trillion in assets, can stake up to 100% of its SOL holdings to generate additional rewards for investors. SOEZ joins five other institutional Solana products currently trading in the market.

Ethereum has returned to the $3,200 level following sustained buying by mid-tier investors. Data show wallets holding 1,000 to 10,000 ETH accumulated 450,000 tokens—worth approximately $1.4 billion—between November 18 and December 2. The network also recorded 190,000 new addresses during the recovery, reflecting increased participant activity.

The International Monetary Fund published a briefing paper on December 5, 2025, examining regulatory frameworks for stablecoins across the US, UK, Japan, and EU. The IMF warned that rapid stablecoin expansion—now exceeding $300 billion—may generate inefficiencies and regulatory gaps due to divergent national approaches and interoperability challenges.

Grayscale's spot Chainlink ETF launched December 3 with $42 million in first-day inflows and $13 million in trading volume. LINK climbed over 20% from $12 to $15 during the week, while Open Interest rose from $194 million to $240 million.

The International Monetary Fund published a comprehensive stablecoin assessment on December 5, 2025, warning that inconsistent national regulations are creating structural obstacles for oversight and cross-border payments. The fund called for harmonized definitions, uniform reserve requirements, and coordinated supervision as the market exceeds $300 billion. Divergent national frameworks allow issuers to operate from jurisdictions with lighter oversight while serving users in stricter markets, undermining authorities' capacity to monitor reserves and compliance.