Digital Asset Treasuries acquired 370,000 ETH in November 2025, an 81% decline from August's peak of 1.9 million ETH, according to Bitwise data. The contraction reflects weakening institutional demand driven by deteriorating market conditions and declining treasury company valuations. Certain firms continue expanding holdings despite the broader pullback.

Strategy's management has disclosed that Bitcoin holdings may be sold if balance-sheet conditions deteriorate, departing from its accumulation-only approach. The statement comes as MSCI conducts a consultation on index treatment of firms with digital asset exposure, with feedback due by January 2026. Bitcoin traded near $92,000, up approximately 5% over 24 hours.

Bitcoin's Bollinger Bandwidth indicator has dropped below 100 for the first time since November 2023, according to macro strategist Gert van Lagen. The previous occurrence preceded a four-month rally in which the cryptocurrency doubled in value. Bitcoin is currently testing resistance near $93,000 as traders monitor for potential breakout momentum.

Bitcoin has climbed above $92,000 with a 5% gain over 24 hours, while the Crypto Fear and Greed Index improved to 22 from levels between 10 and 17 last week. SUI, Chainlink, and DoubleZero posted double-digit gains amid increased participation. Broader altcoin season conditions remain constrained, though selective rotation into tokens with established use cases has emerged.

BlackRock deposited 44,140 ETH valued at approximately $135.36 million to Coinbase Prime on December 3, data show. The asset manager has maintained steady Ethereum transfers for roughly one month, continuing the pattern despite a recent 7% rally that pushed ETH above $3,100.

Gary Gensler, who recently stepped down as SEC Chairman, distinguished Bitcoin from thousands of alternative cryptocurrencies that lack fundamental value. His remarks came as Vanguard reversed its crypto ban, enabling 50 million clients to access spot ETFs and generating $1 billion in trading volume within the first 30 minutes.

Anthropic's Frontier Red Team demonstrated that AI agents autonomously reconstructed 19 real smart contract exploits from 34 incidents occurring after March 2025, extracting $4.6 million in simulated value. GPT-5 scanned 2,849 BNB Chain contracts at $1.22 per target, uncovering two zero-day vulnerabilities worth approximately $3,694 in simulated profit, according to research published December 1.

A consortium of ten major European banks has established Qivalis, a Netherlands-registered entity, to issue a euro-pegged stablecoin targeting launch in the second half of 2026. The initiative seeks to strengthen the euro's presence in digital asset markets, where euro stablecoins currently hold $605.2 million in market capitalization compared to $315.6 billion for dollar-denominated stablecoins. Qivalis will operate under Markets in Crypto-Assets Regulation (MiCAR) compliance and be led by former Coinbase Germany CEO Jan-Oliver Sell.