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Dec. 3, 2025, 11:05 p.m.

Mostly Bitcoin — Daily Digest (Dec 3, 2025)

Mostly Bitcoin Mostly Bitcoin

Mostly Bitcoin — Daily Digest

Last 24 hours of mainstream crypto coverage

December 3, 2025


Bitcoin firm connected to Trump brothers sees value tank after investors unload their holdings — independent.co.uk

Eric Trump said he would hold onto all of his shares in the company


Bitcoin Miners Hunted After Stealing $1 Billion of Electricity From Malaysia Grid — bloomberg.com

Cracking down on illegal Bitcoin mining gangs has become a cat-and-mouse game in Malaysia.


Bitcoin extends rebound as dollar heads for ninth straight decline — independent.co.uk

Bitcoin, the biggest cryptocurrency by market value, rose to $91,878.30 on Wednesday


Bitcoin bounces back more than 10% after brutal week — fortune.com

Bitcoin is known for its volatility—and lately it’s living up to that reputation. After a weeks-long stretch of decline, Bitcoin’s price jumped around 11% in the last two days alone, climbing to just under $93,000. The original cryptocurrency’s price hike


‘It is their greed and the pollution from their products that hurt consumers’ — theweek.com

‘Why Big Oil is panicking over accountability’ David Bookbinder at The Hill Consumers “shouldn’t have to pay twice for the damage done by multinational oil and gas companies — once through the harm their products cause to our health and our planet, and


Watch Bitcoin Hits Two-Week High in Cautious Crypto Market Recovery — bloomberg.com

Watch Bitcoin Hits Two-Week High in Cautious Crypto Market Recovery Bloomberg.com


BlackRock C.E.O. Calls Bitcoin an ‘Asset of Fear’ — nytimes.com

Larry Fink, the chief executive of BlackRock, dismissed concerns about the long-term value of cryptocurrency.


Big Banks Partnering With Coinbase on Crypto Pilots, CEO Says — bloomberg.com

Some of the largest banks are working with Coinbase Global Inc. on pilots surrounding stablecoins, custody and trading, the cryptocurrency exchange’s chief executive officer said on Wednesday.


Bitcoin’s biggest booster Michael Saylor fights to stave off an $8 billion collapse and being the first major crypto domino to fall — fortune.com

Billionaire Michael Saylor has been in tight spots before but nothing like this. The share price of Saylor’s firm Strategy, which owns over 3% of the world’s Bitcoin, is down dramatically. Worse, the company faces twin headwinds in the form of a bearish


S&P Takes on AI Debt Deals and Crypto Giants — theinformation.com

More than a few years ago, I met with ratings agency analysts covering giant telecom equipment companies like Lucent Technologies. The telecom bust had already begun, but the analysts remained optimistic about the companies’ future. They were wildly wrong.


Atkins predicts US financial system may shift to tokenization within a 'couple of years’ — foxbusiness.com

SEC Chairman Paul Atkins said rapid advances in electronic trading and blockchain technology are driving the biggest transformation in the U.S. financial system in decades, predicting that tokenization could become a core feature of American markets in


Why Did Trump Pardon the Former Honduran President? Follow the Tech Bros. — motherjones.com

Last year, a US district court sentenced Juan Orlando Hernández, the former president of Honduras, to 45 years in prison for drug trafficking. Orlando was convicted of accepting millions of dollars in bribes and importing 500 tons of cocaine into the


Watch Bitcoin Rebounds, EU Finalizes Deal to Phase Out Russian Gas | The Opening Trade 12/3 — bloomberg.com

Watch Bitcoin Rebounds, EU Finalizes Deal to Phase Out Russian Gas | The Opening Trade 12/3 Bloomberg.com


Terrorism’s crypto financiers & Trump’s clemency habit — codastory.com

It is bad for a financial institution to be convicted of helping to launder money, but it is catastrophic to be convicted of helping to finance terrorism. This is why the civil case recently launched in North Dakota against Binance, in which the crypto


It's Easier to Fall for a Bank Fraud Scam Than You Think — lifehacker.com

The FBI's Internet Crime Complaint Center (IC3) is warning consumers about a type of fraud in which threat actors pretend to be from trusted financial institutions in order to obtain login credentials and gain access to financial and personal data. The


American Bitcoin steadies after share lock-up expiry sparks near 40% plunge — reuters.com

American Bitcoin steadies after share lock-up expiry sparks near 40% plunge Reuters


Exclusive: Harvard grads raise $20 million for Ostium, a platform focused on a derivative popular with crypto traders — fortune.com

Another startup focused on a buzzy derivative popular among crypto traders has attracted serious cash. Ostium, a decentralized exchange founded by two Harvard graduates, has raised a $20 million Series A round led by the marquee venture outfit General


Anthropic considers IPO despite warnings that excess liquidity is blowing a bubble in the markets — fortune.com

Anthropic is considering an IPO, according to the Financial Times, right after a series of warnings from senior central bank chiefs and others of a bubble in AI and excess liquidity in a range of asset markets. At the same time, NEC Director Kevin Hassett


Trump Family Crypto Promotions Are Faring Even Worse Than Bitcoin — bloomberg.com

Trump Family Crypto Promotions Are Faring Even Worse Than Bitcoin Bloomberg.com


Michael Dell, who’s donating $6.25 billion to ‘Trump Accounts’ for kids, says a childhood savings account changed his life — fortune.com

In today’s CEO Daily: Diane Brady talks to Michael Dell about his big donation and perspective on giving. The big story: The AI race intensifies on several fronts. The markets: Mostly up, with Bitcoin staging a comeback. Plus: All the news and watercooler


Bitcoin’s Sky-High Prices Have Not Panned Out — nytimes.com

Bitcoin has plunged more than 30 percent and Ether is down around 40 percent in recent months, as gains from President Trump’s pro-crypto policies evaporated.


Watch Bitcoin Rebounds But, Sentiment Remains Fragile |Insight with Haslinda Amin 12/3/2025 — bloomberg.com

Watch Bitcoin Rebounds But, Sentiment Remains Fragile |Insight with Haslinda Amin 12/3/2025 Bloomberg.com


Are Labubus Gen Z’s Beanie Babies? — thedailyeconomy.org

Every era of easy money produces its speculative mascots. In the late 1990s, it was Beanie Babies — tiny stuffed animals that cost under a dollar to make, yet sold for hundreds to thousands. The Princess Diana memorial bear that once fetched more than


Can Europe Reassert Itself? — theglobalist.com

Europe seems hard pressed to maneuver between a rock and a hard place — read: the United States and China — and risks to be crushed by them. At such a moment, it is instructive to remember the motivational force that drove European integration in its early


Asian shares are mixed as steady bond yields, rebound for bitcoin push US stocks higher — independent.co.uk

Asian shares are mixed after U.S. stocks held steadier as both bond yields and bitcoin stabilized


Binance names cofounder Yi He as new co-CEO — fortune.com

The world’s biggest cryptocurrency exchange announced a significant leadership move on Wednesday, naming longtime executive and co-founder Yi He as a co-CEO to lead the company. Yi He will share the role at Binance with Richard Teng who stepped into the


Bitcoin Hits Two-Week High But Crypto Sentiment Remains Fragile — bloomberg.com

Bitcoin extended a tentative rebound on Wednesday, hitting a two-week high as the wider crypto market seeks a sustained recovery from a weeks-long selloff.


Bitcoin faithful prepare for a bitter winter — ft.com

Bitcoin faithful prepare for a bitter winter Financial Times


Down 90% or More, Trump-Family Assets Are Outpacing Crypto Crash — bloomberg.com

The crash Tuesday in the crypto miner American Bitcoin Corp. was instantaneous. At 9:31 a.m. on Wall Street, just one minute after trading opened, its shares were down 33%. Five minutes later, losses had ballooned to 42% and then, for a brief moment, to


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