KLEA Crypto Daily: Monday, December 01, 2025

Published: December 2, 2025 – 00:04 UTC

Here’s a look back at the key stories from December 01, 2025.

Vanguard Clients Can Trade Funds Holding Crypto Like Bitcoin, XRP and Solana Starting This Week

Vanguard clients will now be able to trade funds holding cryptocurrencies like Bitcoin, XRP, and Solana, marking a significant shift for the $8 trillion US asset manager. This move ends Vanguard's long-standing resistance to digital asset products and opens regulated crypto access to over 50 million brokerage customers.

Kalshi Tokenizes ‘Thousands’ of Its Prediction Markets Using Solana

Kalshi has tokenized 'thousands' of its prediction markets using Solana, marking a significant move in the world of decentralized prediction markets. This development could have far-reaching implications for the future of prediction market trading.

Veteran Analyst Insists Bitcoin’s Historical Cycle Drawdowns Still Call the Shots

Veteran trader Peter Brandt emphasizes the importance of historical drawdowns in Bitcoin's bull runs, highlighting that significant market absorption typically precedes major upward movements. This insight underscores the enduring influence of past market cycles on Bitcoin's trajectory.

Trump Media Nears Public Launch of $6 Billion Cronos Treasury Through Crypto.Com Partnership

Trump Media & Technology Group and Crypto.com are moving forward with plans to launch a publicly traded Cronos via a business combination with Yorkville Acquisition Corp.

Tom Lee Says Bitcoin Could Rebound to Break Records By January — ‘The High Isn’t In Yet’

Tom Lee, Fundstrat co-founder, believes Bitcoin is far from finished despite a tough November, predicting a new all-time high by January as liquidity shifts and fund managers react.

Bitcoin Sinks Below $84K as Liquidity Dries Up and Wall Street Turns Risk-Off

Bitcoin experienced a sharp drop to new local lows below $85,600 as Wall Street opened on Monday, triggering over $144 billion in total crypto market value losses and more than $600 million in liquidations. The decline was attributed to bearish developments across Asia, including concerns about potential Bitcoin sales and thin liquidity.

Musk Says AI Could Make Money Obsolete — and Supercharge Bitcoin

Elon Musk suggested that as artificial intelligence and robotics advance, money may become less important for resource allocation. He highlighted the potential for a future where energy, rather than traditional currencies, could be the primary measure of value, emphasizing Bitcoin's unique position in connecting digital value to real-world energy use.

Korean Tech Giants to Clash Over Stablecoins as Competition Heats Up

South Korea's tech titans Naver and Kakao are gearing up for a battle over stablecoins, with K-pop, e-commerce, and webtoons driving adoption. The competition for won-denominated stablecoin supremacy is intensifying as the firms leverage their crypto connections to issue their own KRW-pegged coins.

INTEL: The Total Liquidations in the Crypto Market Reach $929.60 Million

INTEL reports that the total liquidations in the crypto market have hit $929.60 million, with 260,734 traders liquidated in the past 24 hours. This significant figure underscores the volatility and risk in the current crypto trading environment.

Bitcoin Giant Strategy Establishes $1.44 Billion USD Reserve—But Still Might Sell BTC

Michael Saylor changed his tune on selling Bitcoin, stating that Strategy could dump BTC to pay dividends to its stockholders.

$36 million Upbit hack revives the quiet truth about hot-wallet ‘insurance’

Upbit detected unauthorized withdrawals of roughly $36 million in Solana tokens from a hot wallet, assuring customers that the entire amount will be covered by Upbit’s holdings, with no impact on customer assets.

Circle Wallets Simplify Smart Contract Interaction with New Features

Circle introduces streamlined smart contract calls through its wallets, enhancing blockchain development with features like fee abstraction and server-side signing.

Ripple Wins Singapore Approval as XRP Whales Drive Market Shift

Ripple secures expanded regulatory approval in Singapore, strengthening its payments business in Asia as XRP whale activity surges across spot markets, amidst a challenging week for XRP's price.

Blackrock Deposits $186M in Bitcoin to Coinbase Prime

BlackRock has deposited 2,156 BTC (equivalent to $186M) to Coinbase Prime. This move signifies a significant investment by the asset management giant into the cryptocurrency space.

BitMine Stock Faces Pressure Amid Ethereum's Weekend Drop

BitMine (BMNR) stock may experience a challenging week following Ethereum's significant weekend correction of over 9%. Historically, BMNR reacts to Ethereum's movements, potentially leading to a weak start and increased volatility in the coming days.

Bitget Launches MONAD On-Chain Earn and Trading Rewards

Bitget celebrates the listing of Monad (MON) with promotions allowing users to earn high on-chain yields and compete for an 800,000 MON reward pool through spot trading. This move aims to simplify user engagement with new ecosystems amidst growing interest in L1 development.

Crypto Exchange HashKey Clears Key Hearing for Hong Kong IPO

Crypto exchange HashKey has successfully cleared a key hearing for its upcoming IPO in Hong Kong, marking a significant milestone for the company's public offering.

Bybit Announces Humanitarian Aid for Sri Lanka as Cyclone Ditwah Triggers Severe Flooding in Southeast Asia

Bybit, the world's second-largest cryptocurrency exchange, has pledged $100,000 in humanitarian aid to support communities affected by the devastating floods in Southeast Asia, with a focus on Sri Lanka.

Source: KLEA News