Hello everyone, here’s a look at the major cryptocurrency news shakeups from yesterday, 02 December 2025.
Latest Cryptocurrency News – American Bitcoin Stock Crashes 50% in Brutal Sell-Off
Eric Trump’s high-profile Bitcoin play, American Bitcoin Corp (ABTC), just got absolutely wrecked on Tuesday. Shares went down over 50% in early trading, hitting a gut-wrenching low of $1.75. That’s more than half its value wiped out in a single session, according to Yahoo Finance data.
Since its flashy Nasdaq debut in September after merging with Gryphon Digital Mining, ABTC is now down a staggering 78% from its peak of $9.31.
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This isn’t just a random dip; it’s the brutal reality of the ongoing cryptocurrency news cycle where Bitcoin’s savage pullback from $126,000 to under $80,000 is dragging everything tied to it straight into the gutter.
Poland’s President Just Saved Crypto Freedom!
In one of the biggest wins for the crypto community this year, Poland’s President Karol Nawrocki slammed the brakes on a draconian crypto bill, and the internet is exploding with celebration.
This is huge cryptocurrency news: the president vetoed the Crypto-Asset Market Act, declaring it “genuinely threatens the freedoms of Poles, their property, and the stability of the state.”
The bill would’ve handed authorities the power to block crypto websites on a whim, a total nightmare for decentralization fans. Nawrocki called out the law’s insane complexity and compared it unfavorably to lighter rules in Czechia, Slovakia, and Hungary.
Crypto advocates are popping champagne, while some government hardliners are fuming, claiming the president just “chose chaos.” Whatever side you’re on, this veto just became headline-grabbing cryptocurrency news across the globe.
Explosive Cryptocurrency News – Vanguard Opens the Floodgates for 50 Million Clients!
In a stunning 180, Vanguard, the $11 trillion asset management giant, is finally letting its 50+ million clients trade crypto ETFs and mutual funds starting Tuesday!
After years of swearing off anything crypto-related, the second-largest fund manager in the world just caved to massive demand from retail and institutional investors alike.
A Vanguard spokesperson confirmed they’re treating crypto ETFs the same way they handle gold funds: third-party access only, no in-house products, and definitely zero memecoins.
“We serve millions of investors with different needs, and we’re giving them the tools to invest in what they want,” they said.
This is easily one of the most important pieces of cryptocurrency news from yesterday as traditional finance just took another giant leap into the crypto arena.
And that’s a wrap of what happened yesterday. Stay locked in for more crypto news on Coin Medium and don’t forget to follow us on social media.
