Polymarket is now officially live on the MetaMask mobile app.

December 5: Bankless co-founder Ryan Sean Adams posted, “Market sentiment is so low that venture capitalists (VCs) are now calculating the market cap-to-store-of-value asset ratio.” Tom Lee, Chairman of Ethereum treasury firm BitMine, responded: “This signals a market bottom.”

On December 5, Glassnode noted in a post that Bitcoin has traded below its 0.75 fractile since mid-November—meaning over 25% of its supply is in a loss position. This places the market in a fragile balance: on one hand, there’s risk of stop-losses or capitulation from high-level buyers; on the other, potential for seller exhaustion and the formation of a phase bottom. Around $93k, Bitcoin’s price remains highly sensitive to macro factors until it reclaims the 0.75 fractile (≈$95.8k) and further recovers the 0.85 fractile (≈$106.2k).

On December 5th, Jupiter released a statement saying: "Certain bots exploited a significant portion of HumidiFi’s (WET) token supply within seconds via transaction bundling. Following discussions with the HumidiFi team, we will work to identify a solution to ensure fairer distribution, with specific details to be announced shortly."

December 4 – Acting U.S. Commodity Futures Trading Commission (CFTC) Chair Caroline D. Pham today announced that listed spot cryptocurrency products will launch trading for the first time on a CFTC-registered futures trading platform in the U.S. federal regulated market. This announcement follows recommendations from the President’s Working Group on Financial Markets, incorporates stakeholder input from the CFTC’s “Crypto Sprint” initiative, and builds on collaboration with the U.S. Securities and Exchange Commission (SEC). The CFTC’s “Crypto Sprint” initiative has also launched a public consultation on all other CFTC-related recommendations in the President’s digital asset market report. Additional efforts under the initiative include: - Enabling tokenized collateral (including stablecoins) in derivatives markets; - Making technical revisions to CFTC regulatory provisions covering collateral, margin, clearing, settlement, reporting, and recordkeeping to facilitate adoption o

**December 4th** Mario Nawfal, founder and CEO of Dubai-based venture capital firm IBC Group, said in a social media post that during a conversation with SBF (about FTX’s bankruptcy—an interview is coming soon), SBF revealed an unexpected detail: his former cellblock mate, ex-Honduran President Juan Orlando Hernández, was just pardoned by Trump. Hernández was sentenced to 45 years in a U.S. prison last June on charges of drug trafficking and illegal gun possession. SBF noted he shared a cell block with Hernández for 18 months, calling them friends and stating, “No inmate is more deserving of a pardon—he was framed.” SBF spent significant time helping Hernández prepare for trial and review evidence, adding: “He’s not a drug lord—he may be the world’s most effective leader against drug cartels. Juan Orlando is the most innocent prisoner I’ve ever met, including myself.” The pardon landed days before Honduras’ November 30 election, with Trump endorsing Nasry Asfura, the Nati

Dec. 4 (Bloomberg) — Polymarket is currently hiring for an internal market-making team that will likely interact with customers on its trading platform, a setup similar to functionality that previously drew criticism for the firm’s key competitors. Sources familiar with the matter said the company has recently held talks with several traders — including those with sports betting backgrounds — to join the new department. Polymarket declined to comment on the developments.