📊 Polymarket U.S. Rollout, Kalshi–CNN Partnership

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Crypto markets are regaining ground as Bitcoin bounces back above $93K, though analysts warn volatility could return ahead of the upcoming Fed meeting. Meanwhile, Polymarket launches its U.S. rollout after clearing CFTC hurdles, the UK cements legal status for digital assets as property, and CNN partners with Kalshi to bring real-time prediction market data into mainstream news.

Let’s unpack it all. 👇

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News Roundup

Artificial Intelligence

• Amazon Enters AI Chip Race as Crypto Miners Pivot Into Cloud Power Play (CoinDesk)

• Tether Data Unveils QVAC Fabric LLM to Bring Full On-Device AI Training to Consumer Hardware (Tether)

Decentralized, Centralized, & Traditional Finance

• Anthropic Begins Early IPO Prep as It Pursues Funding That Could Top $300B Valuation (Decrypt)

• PayPal’s PYUSD Stablecoin Jumps to $3.8B Market Cap (DeFiLlama)

• Celo and Opera Expand Partnership to Push Stablecoin Payments Toward 1B Users (Celo)

• Study Finds DeFi Valuations Track Fundamentals Over Longer Time Horizons (DL News)

• Firelight Debuts XRP Staking on Flare With stXRP, Aiming to Power DeFi Insurance Model (The Block)

• World Liberty Financial Sets January 2026 Launch for Tokenized RWA Products (Crypto Briefing)

• Sony-Backed Soneium Debuts Institutional Stablecoin USDSC (Decrypt)

• Kalshi’s Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire (CoinDesk)

• BlackRock Says Surging U.S. Debt Will Accelerate Institutional Crypto Adoption (CoinDesk)

Exchanges

• Coinbase Outlines New Listing Transparency (Coinbase)

• Binance to Delist FIS, REI, and VOXEL After Failing Ongoing Listing Standards (Binance)

• Binance Elevates Co-Founder Yi He to Co-CEO (CoinDesk)

• Binance Launches Parent-Guided ‘Binance Junior’ Crypto Savings Accounts for Minors (Binance)

• Bybit Partners With Komainu to Enable 24/7 Trading of Custodied Institutional Assets (Bybit)

• Big Banks Partner With Coinbase as Wall Street Leans Further Into Crypto (Bloomberg)

Exchange-Traded Funds

• Grayscale Debuts First U.S. Chainlink ETF With Heavy First-Day Trading (Decrypt)

• U.S. Bitcoin spot ETFs logged $58.5 million in net inflows on Dec. 2.

• On Dec. 2, U.S. Solana spot ETFs saw $45.8 million in net inflows.

• U.S. Ethereum spot ETFs recorded $9.9 million in net outflows on Dec. 2.

• On Dec. 2, U.S. XRP spot ETFs posted 67.74 million in net inflows.

• Ark Invest Adds More Coinbase, Bullish, and Robinhood to ETF Funds (The Block)

• BlackRock’s IBIT Options Break Into U.S. Top 10 With 7.7M Contracts Open (CoinDesk)

Infrastructure

• Taurus Expands Institutional Staking With Everstake Integration (The Block)

• X Money Signals Payments Push as Musk Seeks Engineer to Build Platform (The Block)

• Astria Network Winds Down After Limited Adoption Despite $18M in Funding (The Block)

• Uniswap Adds Revolut Onramp to Expand Global Crypto Access (Uniswap Labs)

• Georgia Explores On-Chain Land Registry and Real-Estate Tokenization in Hedera MoU (Cointelegraph)

Markets

• Chainlink Gains Momentum as First LINK-Focused ETF Debuts (The Defiant)

• Prediction Markets See Low Odds of a New Crypto Winter Despite Recent Volatility (Decrypt)

• Kalshi Becomes CNN’s Official Prediction Market Partner for Real-Time Probability Data (Kalshi)

• Coinbase Says Liquidity Is Improving but Bitcoin’s Market Structure Remains Weak (Coinbase)

• Ethereum Whales Resume Heavy Buying as Prices Rebound (Decrypt)

• Bitcoin Stabilizes as Markets Await Fed Leadership Signals and Likely Rate Cut (QCP)

• Bitcoin Rebounds Above $93K but Analysts Urge Caution Ahead of Fed Meeting (The Block)

• U.S. Private-Sector Hiring Unexpectedly Contracts to Lowest Level Since 2023 (ADP)

• Polymarket Begins U.S. Rollout After Regaining CFTC Approval (The Block)

Meme Coins

• Rizzmas Returns as Solana Traders Revive Festive Meme Coin (Decrypt)

Mining

• American Bitcoin Plunges 80% as Lockup Expiry Sparks Heavy Sell-Off (DL News)

• CleanSpark Mines 587 BTC in November, Expands Power Capacity and Closes $1.15B Financing (PR Newswire)

• IREN Raises $3.6B to Restructure Debt and Fuel Massive AI-Cloud Expansion (The Block)

Politics & Regulation

• Lawmakers Push Regulators to Hit 2026 Deadline for New U.S. Stablecoin Rules (The Block)

• South Korea Moves Toward Digital Asset Basic Act With Bank-Led Stablecoin Rules (News 1)

• UK Passes Bill Into Law Treating Digital Assets As Property (Cointelegraph)

• Poland’s President Vetoes MiCA-Aligned Crypto Bill (CoinDesk)

• Cayman Web3 Foundations Surge 70% as DAOs Seek Legal Wrappers Ahead of CARF Rules (Cointelegraph)

• Australian Bitcoin Industry Body Accuses ABC News of Misleading, One-Sided Reporting on Crypto (Decrypt)

• Putin Aide Says Crypto Should Be Added to Russia’s Trade Books (DL News)

Token Generation Events

• Stable Reveals STABLE Tokenomics as Bitfinex-Backed Chain Prepares for Dec. 8 Mainnet Launch (The Block)

Treasuries

• Ethereum Treasury Boom Unravels (DL News)

• BitMine Pulls $91M in ETH From Kraken as It Arms Up for Fusaka Upgrade (Crypto Briefing)

• Strategy Engages MSCI Ahead of Possible Index Removal (Reuters)

• Forward Industries Builds Largest SOL Treasury and Expands Solana Strategy (Nasdaq)

Venture Capital

• Axis Raises $5M to Launch Onchain, Multi-Asset Yield Protocol (The Block)

• Ostium Raises $24M to Scale Onchain Perpetuals for RWAs (The Block)

Other News

• DOJ Seizes Domain Tied to Burma Scam Compound (Decrypt)

• Violent ‘Wrench Attacks’ Rise as Trinidad Gunmen Steal $85K in Crypto Ambush (Decrypt)

• Institutions Unlock $30 Trillion in Capital to Buy Bitcoin (Forbes)

• Russia Seeks to Seize $30M in Assets Tied to Ex-Official Accused of Massive WEX Crypto Bribe (DL News)

Check This Out!

Bitcoin exchange supply falls to new all-time low.

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