Ethereum co-founder Vitalik Buterin has proposed creating a dedicated gas futures market to help large network users and investors better predict and hedge transaction costs on Ethereum. The suggestion has split opinion, with some specialists warning about manipulation risks and questioning whether the network’s highly dispersed gas demand can sustain such a market, according to experts. Although recent scaling upgrades have pushed gas fees lower, uncertainty over Ethereum’s long-term roadmap is keeping the debate over Buterin’s proposal alive.

Stolen crypto value rose to $3.25 billion in 2025, up 8.2% from $3.00 billion in 2024 and 24% above 2023. A New York Times report citing Chainalysis said more than $25 billion in illicit funds moved via stablecoins in 2024, a framing critics say overlooks that crypto accounts for only 0.14% of global illicit activity. Industry groups led by Tether point to on-chain enforcement, including freezing over $300 million in October 2025 and more than $3 billion overall.

Japan-based Metaplanet, the world's fourth-largest Bitcoin treasury firm, has made no BTC purchases since September 29, 2024, despite Bitcoin falling 30% from $112,000 to $89,000. The company's market-to-net-asset-value ratio dropped below 1x in late October, constraining its ability to raise capital for new acquisitions. Metaplanet last acquired 2,744 BTC on September 29, bringing total holdings to 30,823 BTC.

Two Hyperliquid team members sold 75,000 HYPE tokens worth over $2.2 million following the project's first token unlock on November 29, according to on-chain data. The sales precede scheduled monthly unlocks of approximately 10 million HYPE tokens extending through October 2027. Market observers are monitoring the distributions closely amid concerns about sustained selling pressure on the asset.

JPMorgan analysts project the U.S. stablecoin market will grow to approximately $700 billion in the coming years, significantly below the White House's $2-4 trillion target for 2028-2030. Teresa Ho, Head of U.S. short-duration strategy at JPMorgan, expressed doubt about rapid multi-trillion dollar expansion despite positive momentum following the GENIUS Act. The sector surpassed $300 billion in total market supply after the legislation passed in July.

Grayscale's spot Chainlink ETF launched December 3 with $42 million in first-day inflows and $13 million in trading volume. LINK climbed over 20% from $12 to $15 during the week, while Open Interest rose from $194 million to $240 million.

Hyperliquid Strategies has completed its merger with Sonnet BioTherapeutics, forming the largest HYPE token treasury. The combined entity holds 16.89 million HYPE tokens valued at $583 million, offering U.S. public market investors direct exposure to the Hyperliquid ecosystem through a publicly traded vehicle.

Benchmark raised its price target for Strategy (MSTR) to $705, projecting a 183% upside from current levels. The firm would need Bitcoin to crash 86% to $12,700 to face debt coverage issues on its $8.2 billion obligations. Market odds of Strategy selling Bitcoin by mid-2026 stood at 28% as of press time.

Vanguard Group will enable crypto ETF trading for its brokerage customers starting December 2, 2025, granting access to over 50 million investors. The platform will support Bitcoin, Ethereum, XRP, and Solana ETFs. The asset manager cited matured administrative processes and evolving investor preferences as reasons for the policy shift.