XRP's funding rate jumped nearly 120% on December 3, signaling increased leveraged long positioning among traders. Exchange-traded funds linked to the token have attracted an estimated $845 million in cumulative inflows. BlackRock executives drew parallels between tokenization's current development stage and the internet in 1996, noting the sector's $23 billion valuation.

Strategy Inc. has overtaken Standard Chartered in market capitalization, with its valuation reaching approximately $52–53 billion compared to the bank's $51 billion. MSCI is conducting a review of Strategy's inclusion in its equity indices, driven by concerns about the company's substantial Bitcoin exposure. A decision could be announced as early as January, according to JPMorgan analysts.

Strategy chairman Michael Saylor has initiated direct engagement with MSCI as the index provider considers excluding the company from its indices, with a final determination scheduled for January 15, 2026. Removal from MSCI indices could trigger outflows of approximately $2.8 billion, according to JPMorgan analysis. Strategy's shares have declined 37% this year, and the company warned it could face a $5.5 billion loss in 2025 if Bitcoin fails to recover before year-end.

Binance will halt trading for StaFi (FIS), REI Network (REI), and Voxies (VOXEL) on December 17, 2024, following a periodic review of digital assets. The exchange evaluates tokens based on development activity, trading volume, network security, and community engagement. Deposits will no longer be credited after December 18, 2024, while withdrawals will remain available until February 16, 2026.

Franklin Templeton's Solana exchange-traded fund received listing approval from NYSE Arca, completing the final regulatory step before trading commences. The fund will trade under ticker SOEZ and track the CF Benchmarks Solana Index. Solana traded at $141.57 with a 10.30% daily gain following the approval.

The cryptocurrency sector recorded mergers and acquisitions exceeding $12.9 billion in 2025, with U.S.-based deals alone surpassing $8.60 billion by November 20, according to PitchBook data. Major transactions included Coinbase's $2.9 billion acquisition of Deribit and Ripple's $1.25 billion purchase of Hidden Road. The surge reflects growing institutional confidence driven by reduced interest rates and clearer regulatory frameworks in the United States.

MetaMask launched Transaction Shield on December 3, 2025, a paid security feature offering up to $10,000 in monthly coverage for losses from approved transactions. The $9.99 monthly subscription targets signature-based scams across Ethereum, Arbitrum, Polygon, BNB Chain, and Base.

Bitcoin climbed 11% from $83,822.76 on December 1 to surpass $93,000 as the Federal Reserve formally concluded quantitative tightening and injected approximately $38.5 billion in liquidity through repo operations. The rally gained momentum after Vanguard opened its platform to crypto ETFs for the first time, while weak manufacturing data pushed rate-cut expectations above 85%. The price movement reflected multiple converging factors including the Fed's policy shift, Vanguard's distribution milestone, and short-covering from oversold levels.