News/Daily Market Wrap | Dec. 03

Daily Market Wrap | Dec. 03

Dec 03,2025,18:02

Hot Topics

  • BlackRock's IBIT Bitcoin ETF hits U.S. options top 10 with 7.7M active contracts, outpacing gold ETFs and tech stocks.
  • CNN partners with Kalshi to integrate prediction market data into news coverage.
  • American Bitcoin stock plunges 39% after token lockup expiry, with Eric Trump calling the volatility expected.

Market Updates

  • Aave DAO proposes deprecating zkSync, Metis, and Soneium due to low revenue and poor fit, retreating from multichain expansion.
  • Astria Network sunsets its Celestia-based shared sequencer after raising $18M, due to limited adoption and feature rollbacks.
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