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GM. Like a home-blended juice, this edition has a bit of everything - maybe even that mango you forgot was at the back of your wallet.

Let's pour it out and taste what's in the mix:

🍍 Crypto recovery;

🚨 Big announcement;

🤝 Vanguard x crypto;

🍋 Crypto mining with renewables, Japan's tax on crypto profits + more

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🍍 Market flavor today

Fear and Greed Index
Find out more about the Fear & Greed Index here.

 Crypto Market Cap: $3.06T 6.27% (24H)
  Name   Price 24H 7D
Bitcoin Bitcoin BTC $90,721.65 6.92% 4.28%
Ethereum Ethereum ETH $2,990.38 9.11% 2.37%
XRP XRP XRP $2.14 7.01% -1.95%
BNB BNB BNB $870.81 6.88% 2.23%
Solana Solana SOL $138.93 11.72% 2.31%
Prices as of 12:00 PM EST. Click here to see live data.

If your neck hurts, it's not you. It's the market.

Bitcoin dropped to $84K yesterday, snapped back toward $90K, and basically gave every trader the kind of whiplash chiropractors put on posters.

This was partly because there are signs that the macro shock that triggered yesterday's selloff (read all about it here) stopped escalating:

👉 Global markets opened higher;

👉 Stocks were green;

👉 Bond markets stabilized;

👉 And volatility cooled off.

Basically, the big markets calmed down, and crypto traders took the hint.

Bitcoin price chart from BitDegree, 12-02

Source: BitDegree

Once global markets steadied, the internal crypto pressure started to unwind too.

Forced liquidations, which drove a huge chunk of yesterday's drop, fell by ~60% today.

That's a big deal because liquidations only spike when traders are getting squeezed by continued volatility.

When they collapse like that, it's a real-time sign that the market isn't under the same stress anymore.

And then came the final piece: the ETF flow numbers. It turned out Bitcoin ETFs had $8.5M in INflows yesterday, not outflows.

Which isn't much when it comes to ETFs, but it still helped reinforce the idea that the market had absorbed the shock without falling apart.

BTC ETF flows table, 12-02

Source: Farside Investors

So yeah...

Yesterday: macro shock → selloff → forced liquidations → screaming into the pillow.

Today: macro stabilizes → liquidations collapse → ETF data shows no institutional exit.

The bad stopped getting worse, and in crypto, that can be enough to flip the vibe.

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🚨 YO. YOU. YES, YOU. PAY ATTENTION

12-02 Mission: Ogvio

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🥝 Memecoin harvest

Not sure what's pumping more: these memecoins or my regrets 🤡

Data as of 09:34 AM EST.

Check out these memecoins and plenty more here.

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🤝 Vanguard x crypto

Imagine you've got that one super-healthy friend who refuses to eat anything that isn't "pure." No sugar, no seed oils, no fun basically.

And then one day you catch them...

Eating McDonald's.

That's kind of what just happened in finance.

Vanguard - the ultra-conservative, "eat your vegetables and don't complain" giant of the investing world - is finally trying a Happy Meal.

They spent years saying "no thanks" to anything crypto because it was too volatile, too speculative, too everything.

But now... Vanguard announced that it's opening its platform to crypto ETFs.

That means anyone with a Vanguard account can buy funds backed by Bitcoin, Ethereum, and a few other cryptos directly inside the platform millions of Americans use for their retirement money.

Eleanor Terrett's tweet about Vanguard crypto ETFs

Source: @EleanorTerrett

Now, here's why this matters so much:

Vanguard isn't a trend-chaser. If the financial world had a "designated adult," it would be them.

So when a company like this changes course, it means a lot:

1️⃣ Crypto has crossed a threshold.

Not in price, but in acceptability.

Crypto used to live in a different universe - new tools, weird jargon, unfamiliar risk.

Now it's showing up inside the same interface people use to buy their retirement index funds.

This is how trends become permanent.

2️⃣ Crypto became far more accessible to normal people.

Most folks don't wanna mess with private keys or exchanges.

They do know how to click "buy" in their Vanguard app, though.

Removing friction sounds boring, but it's how big flows of money typically start.

3️⃣ Institutions watch each other.

Big banks, pension funds, and advisors look to companies like Vanguard as a kind of moral compass:

"If Vanguard isn't doing it, maybe we shouldn't either."

Well… now they are.

Don't underestimate how powerful that is.

Overall: this doesn't magically solve crypto's issues - volatility still exists, risks are still real - but it does bring the space one notch closer to something familiar, understandable, and manageable for the mainstream.

The real headline isn't "Vanguard adds crypto ETFs."

It's that one of the slowest, most careful players in finance decided crypto is now stable enough, mature enough, and unavoidable enough to let into the same room as retirement money.

They didn't change overnight; the world around them did. And they finally decided it was time to adjust.

Ba da ba ba baaa, am I right?

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🍋 News drops you can't miss

⚡ Canaan and SynVista Energy are pairing crypto mining with renewables, so mining runs when there's enough clean energy. The whole thing auto-adjusts, so it's only active when there's green power to spare.

🏛️ The FDIC says it's got a plan coming in December for how it's going to enforce the GENIUS Act on stablecoins. They gave all the details to the House Financial Services Committee.

🇯🇵 Japan wants to set a flat 20% tax on crypto profits, same rate as stocks or investment funds. That's way lower than before, since right now taxes can go up to 55%.

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🍌 Juicy memes

Meme about perspectives on peaks: everyday vs. trading analysis.

Source: @Trader_Theory

Meme about the evolving attitudes of crypto enthusiasts from 2017 to 2025.

Source: @btc_charlie

Meme about the unexpected resilience of being alive in a humorous context.

Source: @BillyM2k

Gode S. Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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