News/Daily Market Wrap | Dec. 01

Daily Market Wrap | Dec. 01

Dec 01,2025,18:57

Hot Topics

  • Bitcoin's 5% drop to $86K liquidated $500M during early Asia trading.
  • Japan plans to slash crypto gains tax to flat 20% from up to 55% starting 2026, boosting local traders.
  • Sony Bank plans USD-pegged stablecoin launch in US by 2026 with Bastion for games and anime.

Market Updates

  • Visa partners with Aquanow to expand USDC stablecoin settlements across Central and Eastern Europe, the Middle East, and Africa (CEMEA).
  • BlackRock's Bitcoin ETFs, spearheaded by IBIT, have become the firm's top revenue source with an estimated $245M annual fees.
Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
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