Vanguard will allow trading of Bitcoin, Ethereum, and XRP ETFs

If the price of Bitcoin reaches $96900, approximately $10.2 billion of short leveraged positions may face liquidation risk. （Cointelegraph）

[Potential Increased Market Volatility Due to Federal Reserve Rate Disagreements] December 2 news: The Federal Reserve may face divided votes on future rate decisions, potentially weakening the effectiveness of policy signals. In this meeting, as many as five out of the 12 voting members expressed opposition or skepticism toward further rate cuts, while three governors supported the cuts. Threadneedle fixed income investment manager Al-Hussain stated that if a 7:5 split scenario occurs, it could lead to turmoil in the rate markets and risk assets. BNY Mellon Investment Management believes that the policy outlook for 2026 may be influenced by political economics, including the distribution of seats on the Federal Reserve Board by the White House and whether Congress adjusts the monetary policy decision-making mechanism.

Vanguard announced that it will support trading of Bitcoin, Ethereum, and XRP related ETFs to increase its presence in the cryptocurrency sector. （Decrypt）

FDIC Acting Chairman Travis Hill is set to testify at a House hearing that his agency is ready to propose a stablecoin application rule before the month is out.

Since the significant market decline on October 10th, Circle and Tether have issued a total of $18.5 billion in new stablecoins, including $750 million in USDC added today. （Cointelegraph）