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.

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.

Decentralized exchange SushiSwap announced a leadership transition on December 1, with Synthesis founder Alex McCurry purchasing over 10 million SUSHI tokens worth approximately $3.34 million and assuming operational control. Outgoing CEO Jared Grey, who led the protocol for three years through regulatory scrutiny and governance disputes, will transition to an advisory role. The platform described the change as part of positioning for expansion, citing profitability goals and product development plans.

The Coinbase Premium Index has turned positive for the first time in several weeks, coinciding with Bitcoin's recovery above $90,000. Data from CoinGlass show the shift marks a reversal from persistent negative values observed throughout late October and much of November. The change suggests renewed buying activity from U.S. market participants after an extended period of net selling pressure.

The Crypto Fear & Greed Index stands at 20 even as total cryptocurrency market capitalization has climbed back above $3 trillion. The reading shows modest improvement from the prior week's extreme fear level of 11. Investor sentiment continues to trail behind the recent price stabilization seen across major digital assets.

Solana's spot exchange-traded fund posted its first net outflow of $8.1 million on November 26, ending a 21-day consecutive inflow streak that began at launch on October 28, 2025. The streak surpassed both Bitcoin and Ethereum ETF launch records, which each achieved a maximum of 20 consecutive inflow days. Despite the pullback, total net assets remain near $918 million, while SOL price has recovered above $140 after declining to $125 earlier in November.

MegaETH will return all $500 million collected during its November 25 bridge campaign. The Ethereum scaling project cited technical crashes, multisig errors, and compliance gaps that disrupted the launch. All participants will receive full refunds through a new smart contract currently under audit.

Ripple's RLUSD stablecoin has crossed $1 billion in circulating supply on Ethereum, according to DefiLlama data. The milestone positions RLUSD among the fastest-growing regulated USD stablecoins this quarter. Abu Dhabi's Financial Services Regulatory Authority recently recognized RLUSD as an accepted fiat-referenced token for institutional use.

BitMEX co-founder Arthur Hayes publicly purchased Monad [MON] on November 25, triggering a 30% price surge to $0.048. Seven hours later, Hayes exited his position and urged followers to abandon the token. The incident highlights volatility risks in low-float altcoin markets, where individual trades can trigger significant price swings.