Crypto majors were broadly lower, falling 2–4% with BTC down 2% at $91,400, ETH down 2% at $3,130, BNB down 2% at $893, and SOL down 4% at $136, while ZEC (+4%) and TRX (+2%) led the day’s top movers. BlackRock CEO Larry Fink said sovereign wealth funds have been steadily accumulating Bitcoin, adding that they “bought more” as BTC declined from $126K into the $80K range to build long-term positions. The IMF warned that rising stablecoin adoption could weaken central bank control in a new report examining currency substitution and monetary sovereignty risks. Solana and Coinbase’s Base network were linked through a new bridge secured by Chainlink and Coinbase infrastructure. The CFTC also approved spot crypto trading on CFTC-registered exchanges, with Bitnomial set to debut first. In the U.K., Reform UK received the country’s largest-ever political donation from a living donor—an $11.4M contribution from a Tether-linked investor. Meanwhile, recent research indicated that the ~$4B in Bitcoin ETF outflows seen in October–November stemmed primarily from leveraged basis-trade unwinds across major funds rather than investor panic.