Strategy has sharply reduced its Bitcoin acquisition pace in 2025, with monthly purchases dropping from 134,000 BTC in late 2024 to 9,100 BTC in November 2025. CryptoQuant analysts view the slowdown as a defensive repositioning ahead of an anticipated extended bear market. The company has shifted focus toward building a 24-month liquidity buffer to strengthen its financial position.

Changpeng Zhao has launched a prediction market platform on BNB Chain that generates yield on user deposits while positions remain open. Trust Wallet rolled out prediction trading for its 220 million users through a partnership with Myriad Markets. The development follows YZiLabs' announcement of a $1 billion ecosystem fund targeting DeFi and AI initiatives.

Ethereum activated the Fusaka upgrade on May 7, 2025, at 21:49 UTC, introducing PeerDAS—a data-availability system designed to reduce validator computational load through sampling rather than full data verification. The upgrade includes 12 Ethereum Improvement Proposals targeting network efficiency and scalability. Core developers confirmed finalization approximately 15 minutes after activation during the EthStaker livestream.

Connecticut's Department of Consumer Protection issued cease-and-desist orders to Robinhood, Kalshi and Crypto.com on Wednesday for allegedly offering unlicensed sports wagering contracts. The companies countered that their event-contract products fall under federal CFTC jurisdiction, not state gambling law.

XRP has climbed above its 9-day and 20-day exponential moving averages following a consolidation period, signaling renewed buying interest. The token now confronts a resistance cluster between $2.19 and $2.24, where order-book data reveals sell walls exceeding $413,000 USDT at $2.20. Support remains anchored near $2.14, with bid walls totaling nearly $1 million USDT providing downside protection.

Vanguard, which manages $11 trillion in assets, will allow its approximately 50 million clients to trade cryptocurrency ETFs and mutual funds on its brokerage platform starting Tuesday, Bloomberg reported. The firm will provide access to regulated crypto products that meet U.S. compliance standards. Products linked to memecoins or lacking explicit SEC support will remain restricted.

Bitcoin mining profitability declined for the fourth consecutive month in November, with average daily block reward gross profit falling 26% month-over-month, JPMorgan analysts reported. Network hashrate retreated 1% to 1,074 exahashes per second after reaching an all-time high in October. The fourteen U.S.-listed miners tracked by the bank saw their combined market capitalization drop 16% to $59 billion.

The Federal Deposit Insurance Corporation will publish proposed stablecoin oversight regulations under the GENIUS Act before year-end. Acting FDIC Chair Travis Hill said the agency will first establish an application framework for issuers seeking federal supervision this month. A separate proposal on prudential requirements will follow in early 2026.

U.S. prediction market platform Kalshi announced plans to tokenize thousands of event contracts on Solana, aiming to attract crypto-native traders and deepen liquidity. The move intensifies competition with Polymarket as both platforms recorded record volumes in November, with Kalshi reaching $5.8 billion and Polymarket surpassing $3.7 billion.