KLEA Crypto Daily: Tuesday, December 02, 2025

Published: December 3, 2025 – 00:03 UTC

Here’s a look back at the key stories from December 02, 2025.

Coinbase Launches Instant Unstaking as Demand for Yield Rises

Coinbase introduces instant unstaking for US users, offering faster access to locked crypto rewards amid increasing demand for yield-driven staking.

Yearn Finance Recovers $2.4M After Complex $9M yETH Pool Exploit

Yearn Finance is working to recover stolen assets after a major exploit drained $9 million from its legacy yETH pools, with $2.4 million already recovered in a coordinated effort.

S&P 500 Rises 0.3% at the Close, Nasdaq Up 0.6%

The S&P 500 closed with a 0.3% increase, while the Nasdaq saw a 0.6% rise, indicating positive momentum in the stock market.

Vanguard Opens $11 Trillion Platform to Bitcoin and Crypto ETFs in Major Policy Reversal

Vanguard Group Inc. has made a significant policy shift by allowing cryptocurrency ETFs on its brokerage platform, granting over 50 million clients access to Bitcoin and select altcoin products, marking a departure from its previous stance against digital assets.

Bitcoin Roars Back To $91,000: ‘Counter-Trend Rally’ Is Coming, But Be Patient, Analyst Says

Bitcoin reclaimed the $91,000 level on Tuesday, lifted by renewed ETF activity and a wave of short liquidations. Analysts expect a proper bottom to form within the next few weeks, followed by a meaningful counter-trend rally.

Bank Of America Launches Bitcoin Coverage, Recommends Up To 4% Crypto Allocation

Bank of America Corp. (NYSE:BAC) has started recommending a 1% to 4% cryptocurrency allocation for its wealth management clients and will provide coverage of multiple Bitcoin ETFs starting January 5, marking a significant shift in policy for one of the country's largest advisory networks.

Russia to Ease Crypto Restrictions to Help Bypass Sanctions Pressure

In response to sweeping sanctions, Russia is considering softening its cryptocurrency rules to address difficulties in accessing international payment systems, with discussions ongoing between the Bank of Russia and the Ministry of Finance to potentially remove restrictions on crypto use for cross-border transactions and settlements.

South Korea’s Ruling Party Demands Stablecoin Bill Progress

South Korea is moving closer to issuing a significant stablecoin bill, with the ruling Democratic Party pushing for government action by December 10. The proposed bill aims to regulate won-pegged stablecoins and would only allow a consortium with a majority stake in commercial banks to issue fiat-pegged tokens.

Polish President Vetoes Crypto Bill, Sparking Major Political Clash Over Freedom and Regulation

Poland's President Karol Nawrocki vetoed the Crypto-Asset Market Act, leading to intense political conflict and impacting over a million Polish citizens invested in cryptocurrencies. The vetoed legislation aimed to align with the EU's Markets in Crypto-Assets framework but faced criticism for potential threats to civic freedoms and excessive regulatory power.

Transak Integrates Monad at Mainnet Launch, Unlocking Global Access to MON

Transak integrates Monad and lists MON, enabling seamless on- and off-ramps for users worldwide. This partnership offers a new layer-1 blockchain option with high performance and EVM compatibility.

Grayscale’s Chainlink ETF Set for Potential NYSE Arca Debut This Week

Bloomberg terminal indicates a potential uplisting date for Grayscale's Chainlink ETF, signaling a significant step towards converting it into a spot ETF. This development could have notable implications for the ETF market.

Sony Plans to Introduce Stablecoin for Gaming Payments

Sony Group intends to allow U.S. customers to use its stablecoin for video game subscriptions and other content, potentially revolutionizing payment methods in the gaming industry.

Opinion Prediction Market Thwarts Kalshi and Polymarket With $1.5 Billion Weekly Volume

Opinion.Trade has rapidly captured a 40.4% weekly market share and achieved $1.5 billion in volume, establishing itself as a significant player in the prediction market sector alongside Polymarket and Kalshi.

Trust Wallet Becomes First Web3 Wallet to Launch Prediction Markets

Trust Wallet has introduced Predictions, allowing users to trade decentralized outcome markets within the wallet interface, integrating platforms like Myriad, Kalshi, and Polymarket. This move marks Trust Wallet as the first Web3 wallet to offer native prediction markets, enhancing user accessibility and control over asset trading.

Goldman Sachs to Acquire Innovator Capital Management in $2 Billion ETF Strategic Move

Goldman Sachs announces the acquisition of Innovator Capital Management, a leading ETF provider with $28 billion in assets, including bitcoin-linked defined outcome ETF strategies. This strategic move involves an agreement for approximately $2 billion and is expected to close in the second quarter.

Bitcoin battles $50K price target as Fed adds $13.5B overnight liquidity

Bitcoin faces a $50K price target as the Federal Reserve injects $13.5 billion in overnight liquidity, marking the second-largest injection since the COVID-19 era. This liquidity cue from the Fed comes amidst Bitcoin's struggle to break out of its current price range.

Federal Reserve Conducts $13.5B Overnight Repo Operation

The Federal Reserve conducted a $13.5B overnight repo operation on December 1, marking one of the largest liquidity injections since the COVID period.

Source: KLEA News