According to Huoxun Finance, on December 2nd, the White House announced that US President Trump will chair a cabinet meeting at 11:30 AM Eastern Time on Tuesday (0:30 AM Beijing Time the following day) and will issue a statement at 2:00 PM (3:00 AM Beijing Time the following day).

According to the latest data from F2Pool, with the current electricity price at $0.06/kWh, most older Bitcoin mining rigs have fallen below their shutdown price, entering a period of significant losses. Data shows that the shutdown price for models such as the Antminer S19, S19j, S19Pro, S17 series, Avalon A13/A12 series, and Whatsminer M20/M30 series is generally around $90,000 to $100,000 or higher, with negative daily net profits, approaching or reaching shutdown levels. In contrast, newer generation high-efficiency liquid-cooled models still have a significant advantage. The Antminer S23Hyd. series has a shutdown price of approximately $32,200 and is currently maintaining positive profits; models such as the S21XPHyd. have a shutdown price in the $40,000–$50,000 range, demonstrating significantly higher resilience than older, air-cooled (outdated) models. Industry insiders believe that with the network difficulty remaining high and the efficiency gap between mining machines widening, this cycle is accelerating the "stratification" of mining machines, and outdated models are finding it difficult to maintain profitability under current market conditions.

According to SoSoValue data, on December 1st (Eastern Time), the Solana spot ETF saw a net outflow of $13.55 million, primarily driven by a $32.54 million net outflow from 21Shares TSOL. Bitwise BSOL and Grayscale GSOL saw net inflows of $17.18 million and $1.82 million, respectively. During the same period, the XRP spot ETF saw an overall net inflow of $89.65 million, with Grayscale GXRP and Franklin XRPZ recording net inflows of $52.3 million and $28.41 million, respectively.

According to a recent research report by the Swedish central bank, the global stablecoin market has grown from $4 billion at the beginning of 2020 to $272 billion by October 2025, with approximately 99% pegged to the US dollar. The report points out that stablecoins are expanding from cryptocurrency transaction tools to broader applications such as decentralized finance and cross-border payments. In terms of regulation, the EU has passed the MiCA regulation, requiring stablecoin issuers to be fully asset-backed and redeemable at face value immediately; the US passed the GENIUS Act in July 2025, allowing for more flexible asset backing structures. The Swedish central bank's report warns that stablecoins may bring challenges such as increased dollarization, financial stability risks, and bank runs, but also have the potential to improve payment efficiency. The central bank is studying whether to allow issuers to access the central bank's settlement system and use central bank reserves to address the growing influence of stablecoins in the financial system.

According to OKX market data, the top gainers on December 2nd are: ZRO at $1.249 (up 4.17%), ATOM at $2.259 (up 3.96%), AAVE at $170.3 (up 3.44%), BCH at $531.9 (up 3.40%), and 1INCH at $0.190 (up 3.37%). Conversely, the top losers are: CORE at $0.100 (down 17.11%), COMP at $33.39 (down 5.57%), GLM at $0.232 (down 3.85%), LDO at $0.557 (down 2.48%), and APE at $0.235 (down 1.87%).