Solana-based memecoin PENGU rose 8% to $0.01138 following Pudgy Penguins' partnership announcement with Care Bears. The collaboration includes a special edition physical collectible set scheduled for December 12th release. Futures net inflows increased by $1.01 million over 24 hours, while the token recovered from support at $0.009732.

BitMine (BMNR) accumulated 2.44 million Ethereum tokens during Q3 2025, expanding its treasury by 1,495% as ETH climbed to $4,900. The company added another 900,000 ETH in Q4, yet Ethereum declined 26% despite continued institutional purchases.

Kamino, a Solana-based lending platform, blocked Jupiter Lend's migration tool on December 7 over concerns about risk framework transparency. The move has sparked debate within Solana's $5 billion lending market. Solana Foundation President Lily Liu called on both platforms to prioritize collaboration over conflict, noting that Ethereum's lending market is roughly 10 times larger.

OKX CEO Star Xu publicly addressed allegations involving a 1,500 Bitcoin loan to Moore Threads co-founder Li Feng, calling for legal resolution of the decade-old dispute. The controversy resurfaced as Moore Threads debuted on the Shanghai Stock Exchange with shares surging nearly 470%. The GPU maker's market valuation reached approximately RMB 282 billion ($39.9 billion) following the IPO.

Ethereum processed nearly $6 trillion in stablecoin transfers during Q4 2025, with daily volumes exceeding $85 billion. The network's stablecoin supply climbed above $180 billion as median transaction fees fell to near-zero levels. Capital velocity reached record highs, driven by reduced costs and increased liquidity in decentralized finance applications.

Bitcoin mining equities declined 1.8% in the week ending December 5, 2025, with market capitalization falling to $67.89 billion from $69.12 billion. Trading volume dropped 25.66% to $307.35k. Average cash costs for public miners to produce one Bitcoin reached $74,600, while all-in costs including depreciation and stock-based compensation climbed to $137,800, according to CryptoRank data.

MicroStrategy has accumulated 650,000 bitcoins through 88 transactions, with holdings currently valued at $57.8 billion at an average cost of $74,436 per coin. The portfolio shows unrealized gains of 19.5%, or approximately $9.4 billion. Michael Saylor's recent social media post asking "₿ack to Orange Dots?" has fueled speculation about potential new purchases during the current price decline.

South Korean regulators are advancing proposals to apply bank-style consumer protection frameworks to cryptocurrency exchanges. Under the proposed reforms, platforms would be required to compensate users for losses caused by system failures without requiring proof of negligence. Exchanges would also face penalties reaching 3% of annual revenue for serious violations.