Vanguard Group, the world's second-largest asset manager, will allow trading of cryptocurrency-focused ETFs and mutual funds on its platform starting Tuesday. The firm, which previously deemed digital assets highly volatile, now supports funds investing in Bitcoin, Ether, XRP, and Solana. The decision provides more than 50 million brokerage clients managing over $11 trillion in assets with access to regulated crypto investment vehicles.

The XRP Ledger processed over 1.05 million payments between unique wallets on Saturday, a 200,000 increase from Wednesday, data show. The 15% overnight surge in network activity contrasted with XRP's 6.7% decline to $2.04 over 24 hours. Trading volumes nearly doubled to $4 billion, indicating heightened selling pressure despite rising on-chain usage.

Vanguard, the world's second-largest asset manager with over $11 trillion under management, will begin allowing cryptocurrency ETFs and mutual funds to trade on its platform starting Tuesday. The firm cited evolving investor preferences and improved fund stability as reasons for the policy shift. The move marks a reversal from its previous stance against offering crypto-related products, including spot bitcoin ETFs launched by competitors BlackRock and Fidelity.

Bitcoin fell from above $89,000 to nearly $86,000 within one hour at the start of December, while Ethereum declined more than 5% in the same period. Total crypto market capitalization dropped from approximately $1.82 trillion to below $1.72 trillion, reaching its lowest level in recent weeks.

XRP declined more than 6% to approximately $2.02 on December 1 amid heavy selling by large wallet holders. On-chain data show wallets controlling between 1 million and infinity tokens reduced holdings sharply, reversing months of accumulation. The distribution trend, visible since September, accelerated through the final week of November.

Cardano has introduced a community proposal to allocate 70 million ADA tokens, approximately $30 million, toward integrating tier-one stablecoins, custody providers, bridges, oracles, and institutional analytics platforms. The initiative is backed by Input Output, EMURGO, the Cardano Foundation, Intersect, and the Midnight Foundation. The proposal aims to establish core DeFi infrastructure ahead of 2026, targeting expansion of the network's stablecoin base from $40 million into the low-hundreds-of-millions range.

Bitcoin trades under pressure below $90,000 following a sharp decline, yet order flow data shows the most substantial hidden-buying divergence of the current market cycle. Analysis indicates significant accumulation by large participants despite weak price action. This imbalance suggests institutional demand persists even as retail sentiment turns bearish amid renewed concerns over China policy and Tether reserves.

Yearn Finance has recovered approximately $2.4 million following a Sunday exploit that drained roughly $9 million from its yETH pools. An attacker exploited an unchecked arithmetic vulnerability to mint an excessive quantity of yETH tokens, enabling liquidity extraction from the protocol's Curve-based stableswap pools. Recovery efforts remain ongoing, with collaboration from security firms SEAL 911 and ChainSecurity.