House Republicans released a 51-page report on December 1 detailing banking access challenges faced by at least 30 digital asset entities between 2022 and 2024. The documentation includes FDIC pause letters sent to approximately 24 banks and Federal Reserve guidance requiring pre-approval for crypto activities. The Trump Administration has since reversed these policies through multiple regulatory actions beginning January 2025.

U.S. prediction market platform Kalshi has launched tokenized versions of thousands of its betting markets on the Solana blockchain. The integration introduces permissionless access to the platform's liquidity pool for developers, aiming to attract crypto-native users and intensify competition with blockchain-based rival Polymarket. Kalshi is collaborating with Solana protocols DFlow and Jupiter to bridge its off-chain orderbook to onchain infrastructure.

The U.S. House Financial Services Committee released a 53-page report on December 1, 2025, alleging that Biden Administration regulators attempted to exclude cryptocurrency firms from the banking system. Republicans claim the Federal Reserve, FDIC, OCC, and SEC coordinated policies to discourage banks from serving digital asset companies. The report labels these efforts "Operation Choke Point 2.0" and asserts they occurred while Congress worked to establish regulatory clarity for the sector.

Strategy's Bitcoin treasury implies a valuation 78% higher than MSTR's current share price, according to CryptoQuant analyst Carmelo Alemán. The stock has entered a historical undervaluation zone based on price band metrics. The company continues accumulating BTC at an average cost of $74,432 per coin.

Ethereum fell below $3,000 on Sunday, declining toward $2,800 and intensifying market pressure. Data show whale wallet 0xdECF transferred 5,000 ETH—approximately $15.05 million—to Binance. Since October 28, the wallet has moved 25,603 ETH to exchanges, totaling roughly $85.44 million, while retaining 10,000 ETH worth around $30.34 million.

First Digital Group, the Hong Kong-based issuer of the FDUSD stablecoin, plans to go public on the New York Stock Exchange through a merger with CSLM Digital Asset Acquisition Corp III. The SPAC raised $230 million in its August IPO on Nasdaq, with merger terms currently under negotiation.

Bitcoin fell nearly 6% to trade around $85,000, extending losses from an October peak near $125,000. The Crypto Fear and Greed Index registered near 20, reflecting extreme fear as central bank communications tightened financial conditions. More than $637 million in long positions were liquidated during the decline.

Solana dropped over 10% in 24 hours to approximately $123, testing a multi-year ascending channel support level established since May 2022. Institutional ETF products recorded net inflows of 83,144 SOL ($10.5 million) in the past day, according to available data. The network maintained its lead in decentralized exchange volume at nearly $3 billion over the same period.