BitMine purchased approximately $200 million worth of Ethereum in two transactions this week, further consolidating its position as the largest institutional holder of the asset. The firm acquired 22,676 ETH for $68.7 million on December 6, following a $130.8 million purchase of 41,946 ETH on December 5. BitMine's total Ethereum holdings now exceed 3.73 million ETH, valued above $11 billion.

Grayscale Investments has filed an S-1 registration statement with the U.S. Securities and Exchange Commission for a trust product tracking the SUI token. The investment vehicle is designed to provide institutional investors with regulated exposure to Sui's native asset without requiring direct blockchain interaction. The filing follows the recent launch of a SUI-focused exchange-traded product by 21Shares on Nasdaq.

French banking group BPCE has launched in-app cryptocurrency trading for Bitcoin, Ethereum, Solana, and USDC across its Banque Populaire and Caisse d'Épargne mobile platforms. The service initially covers two million customers at four regional banks, with plans to expand to 12 million users by 2026. Customers will access trading through dedicated digital asset accounts managed by BPCE's crypto subsidiary Hexarq, with a monthly fee of €2.99 and a 1.5% transaction commission.

South Korea's Financial Services Commission is advancing legislation requiring cryptocurrency exchanges to compensate users for losses from hacks and system outages under no-fault liability standards similar to traditional banks. The proposal follows a November 27 breach at Upbit involving approximately 104 billion Solana-based tokens valued at 44.5 billion won ($30.1 million USD). Under the framework, exchanges would face stricter cybersecurity requirements and potential fines up to 3% of annual revenue for security incidents.

Ethereum holdings on centralized exchanges dropped to 8.7% of total supply last Thursday, marking the lowest level since the network's mid-2015 launch, data show. The decline represents a 43% reduction since early July, driven by staking protocols, Layer-2 bridging, and institutional accumulation removing ETH from available markets. Bitcoin exchange balances currently stand at 14.7%, significantly higher than Ethereum's depleted reserves.

Bitcoin's 17-year track record and recovery from six to seven major downturns fundamentally distinguish it from the Dutch Tulip Mania, according to Bloomberg Senior ETF Analyst Eric Balchunas on December 6, 2025. The cryptocurrency has posted 250% gains over three years despite recent volatility. Balchunas noted that tulips collapsed after a single three-year speculative cycle, while Bitcoin has repeatedly reached new all-time highs.

Bitcoin declined toward $89,000 following the White House's release of President Trump's National Security Strategy document. The policy framework, though non-binding, introduced geopolitical uncertainty that triggered immediate responses from cryptocurrency traders. Markets continue to price in a Federal Reserve rate cut next week despite the volatility.

Bitcoin remained below its daily Bollinger mid-band as the first week of December closed, with market sentiment reflecting extreme caution. Shiba Inu reversed its 12% two-week advance, returning to the $0.0000084 level. XRP posted a -7.24% weekly decline, the weakest performance among top-10 cryptocurrencies, yet maintained support above $2.