Bitcoin has fallen 30% from its all-time high, and financial advisors point out that tax-loss harvesting activity may increase. Since Bitcoin has declined about 5% this year, investors are encouraged to sell underwater Bitcoin before the end of the year to offset stock capital gains.

As global precious metal prices hit new highs, the blockchain-based tokenized commodity market size approaches $4 billion, an increase of 11%. Among them, Tether Gold and Paxos Gold are the main tokenized commodities, valued at $1.74 billion and $1.61 billion respectively.

In 2025, the prediction market is expected to reach a peak, with Polymarket and Kalshi becoming industry leaders, attracting significant investment and media attention. As the 2026 US midterm elections approach, the value of these platforms will be tested, with the key being whether they can develop into scalable prediction infrastructure.

According to data from Hyperliquid and ASXN, by 2025, Hyperliquid's total transaction volume will reach 2.95 trillion USD, with an average daily transaction volume of approximately 8.34 billion USD, and over 600,000 new users on the platform. Total revenue is approximately 843 million USD, with a net inflow of 3.87 billion USD.

Bitcoin has fallen from its October high to around $90,000, and concerns about the US dollar have intensified. Analysts expect the US dollar to face downside risks, while the continued rise of gold and silver provides upward momentum for Bitcoin. As the international monetary system shifts toward multipolarity, precious metals still have upward potential. Meanwhile, the market is betting on the Federal Reserve further cutting interest rates, which weakens the attractiveness of the US dollar.

Odaily Planet Daily News: Wintermute founder Evgeny Gaevoy posted on the X platform expressing hope that Stani will propose specific plans regarding AAVE and laboratory value capture next year. Meanwhile, wishfulcynic hopes Ernesto and Marc will cease executing the first and second phase processes next year and directly move into the second phase proposal stage. Previous news: Wintermute founder: will in this round

The People's Bank of China and the State Administration of Foreign Exchange issued a notice to promote the integrated foreign and domestic currency fund pool business for multinational companies, aiming to facilitate fund collection and support the development of the real economy. Financial institutions and others are not allowed to participate, but financial companies are an exception as the main sponsoring enterprise.

This year, the total wealth of global billionaires increased to $18.7 trillion, a growth of $3.6 trillion. Elon Musk became the first billionaire to surpass $500 billion, with an annual increase of over $333 billion. American billionaires dominated wealth growth, mainly benefiting from a rebound in the stock market and a surge in artificial intelligence investments.

PANews December 26 News, Aave founder and CEO Stani.eth stated on the X platform that the recent DAO vote has concluded and has sparked important questions about the relationship between Aave Labs and $AAVE token holders. This has been a productive discussion that is crucial for the long-term healthy development of Aave. Although the process was somewhat chaotic, debate and disagreement are inherent features of decentralized governance. Stani.eth pointed out: “I am committed to making the economic interests between Aave Labs and $AAVE token holders clearer. Our explanations in this regard are not yet perfect, and we will strive to improve in the future. Additionally, one point has been overlooked in this discussion: the DAO has already earned $140 million this year, surpassing the total earnings of the past three years, and $

The city of Lugano, Switzerland has started accepting Bitcoin payments, from McDonald's to local taxes. This "Plan ₿" project in collaboration with Tether leverages the Bitcoin Lightning Network to reduce transaction fees, allowing residents to pay municipal bills via QR code.

BlockBeats 消息，12 月 26 日，现货白银短线拉升，日内大涨 5.00%，现报 75.47 美元/盎司，续创历史新高。（金十）

Gate News bot message, the crypto market remains rangebound as $BTC briefly touched $85K before returning to current levels, with sentiment sliding back into Extreme Fear territory. Both $BTC and $ETH ETFs recorded two consecutive weeks of outflows. $BTC is trading at $88,593, up 0.9%, while $ETH s

Nubila announces that its Validator Node verification system is officially live on the Monad mainnet. Node operators can deploy different types of validation nodes to participate in environmental data verification and earn $NB incentives. Nubila leverages Monad's mainnet performance to anchor real-world environmental signals on-chain, providing verifiable data to support DeFi, AI, and other applications.

This article summarizes cryptocurrency news as of December 26, 2025, including the latest updates on Bitcoin, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. Outlook on Ethereum's key upgrades in 2026: Glamsterdam and Heze-Bogota will reshape performance and censorship resistance; 2. Trust Wallet security incident update: approximately $7 million affected, official promise of full refunds; 3. Statistics: The nominal liquidation amount across the entire network this year reached $150 billion, and the "1011" crash has systemic significance.

Foresight News reports that Trust Wallet browser extension's new version has completely resolved the backdoor issue and no longer contains PostHog-related code. Previously, due to incorrect intelligence source data, it was mistakenly believed that PostHog had not been fully removed during analysis. PostHog is an open-source full-stack product analytics platform that can be used to collect and analyze various information. Version 2.68.0 of the Trust Wallet browser extension previously had a backdoor, which exploited PostHog.

As the end of 2025 approaches, the Ethereum (ETH) market is under significant downward pressure. The latest on-chain data shows that over 40% of the circulating supply of Ethereum is currently in loss, reflecting a substantial impact of recent price corrections on the overall holding structure. This change has also made the strategic divergence among ETH holders increasingly apparent. From a price trend perspective, Ethereum has experienced three consecutive months of decline, with a single-month drop of 22.2% in November. After entering December, ETH briefly rebounded to around $3000 but failed to hold this critical level. As of now, ETH price is fluctuating around $2970, and the short-term rebound is more synchronized with the overall crypto market rather than indicating independent strength.

BlockBeats News, December 26 — Christopher Aaron, Chief Analyst and Founder of iGold Advisor, announced that the fourth major turning point of the Dow Jones Gold Ratio has arrived. This signal indicates that gold will experience several years of sustained growth, while holders of industrial stocks such as the Dow Jones and S&P 500 may face years of losses. Note: The Dow Jones Gold Ratio refers to the number of ounces of gold required to buy one share of each of the 30 components of the Dow Jones. Based on the average data from the three previous critical turning points (1930–1933, 1968–1980, 2002–2011), the Dow Jones is expected to decline relative to gold by 90.5% over 9.3 years. Aaron also pointed out that this fourth turning point of the Dow Jones Gold Ratio may become the most significant in their historical trends.

As cryptocurrencies and digital assets gradually move toward practical applications, XRP is once again becoming a focal point of market attention. Some believe that Japan could become the first country to achieve large-scale, institutional-level applications of XRP. This change could not only reshape cross-border capital flows in Asia but also profoundly impact XRP's medium- to long-term price trends. From a macro perspective, Japan is facing dual pressures of increased yen volatility and an unstable foreign exchange environment. During periods of intense market fluctuations, financial institutions often need to complete cross-border settlements quickly, but traditional systems are relatively inefficient. XRP, with its features of instant settlement, no need for pre-funding, and support for real-time foreign exchange transfers, is seen as a potential solution to this problem. Its technological advantages are especially prominent in high-frequency cross-border remittances and institutional liquidity management scenarios.

As the Christmas holiday season begins, Bitcoin price trends once again enter a critical observation period. Historical data shows that late December through early January is often the "holiday bull market window" for Bitcoin. In the previous cycle, Bitcoin's total market value increased by nearly $200 billion during this period. However, the start of this cycle has been somewhat abnormal, with Bitcoin experiencing a temporary decline of about 0.82%, and its market cap shrinking by nearly $30 billion, sparking market debate over whether the holiday rally can be replicated. In terms of overall volatility, this pullback remains mild in the context of recent high-volatility environments, suggesting that funds have not undergone systematic withdrawal. Bitcoin's price has oscillated around $85,000, indicating intense battles between bulls and bears within this range. Some traders believe this structure resembles a consolidation phase before the holiday rally rather than a trend reversal.

Although the overall crypto market may enter 2026 with a correction stance, some altcoins have already shown positive signals in technical analysis and on-chain data. Based on comprehensive price structure, momentum indicators, and valuation models, Chainlink (LINK), Litecoin (LTC), and Zcash (ZEC) are expected to experience a relatively strong rebound in the first quarter of 2026, becoming potential targets for market recovery.

2026 is regarded as a milestone year for Ethereum. According to the current roadmap, Ethereum plans to complete two major hard fork upgrades within this year, namely Glamsterdam launched in mid-year and Heze-Bogota launched at the end of the year. The core objectives of these two upgrades are to comprehensively enhance the speed, efficiency, and censorship resistance of the Ethereum network, and to lay a technical foundation for long-term scalability. Overall, the 2026 Ethereum upgrades will focus on parallel execution, increasing the Gas limit, and introducing zero-knowledge proof (ZK) mechanisms at the validator layer. Through these improvements, the theoretical processing capacity of Ethereum Layer 1 is expected to approach 10,000 transactions per second, while the throughput of Layer 2 networks could reach hundreds of thousands of transactions per second, supporting large-scale application deployment.

In 2025, the cryptocurrency market experienced significant structural changes. Although developer activity remained active, users and capital are accelerating their concentration into Bitcoin, Ethereum, BNB Chain, and protocols with stable yield capabilities, leading to substantial declines in the prices of many Layer 1 and Layer 2 tokens. OAK Research's latest year-end report indicates that this downward trend is not merely a market sentiment issue but a result of long-term accumulated token economic and value capture flaws becoming increasingly apparent. The report shows that most mainstream Layer 1 blockchain tokens recorded annual losses in 2025, with some emerging projects experiencing particularly sharp declines. On-chain data further confirms the trend of user loss: the total number of monthly active users on major public chains decreased by approximately 25% year-over-year. Among them, Solana saw the most significant decline, with a drop of over 60%; in contrast, BNB Chain's user count nearly tripled, mainly benefiting from attracting existing users from other ecosystems.

Although XRP prices have been under pressure recently, market perceptions of its long-term positioning are changing. Community experts point out that XRP is gradually being integrated into a regulated derivatives system, a trend that may be more strategically significant than short-term price fluctuations. From a market performance perspective, XRP's price significantly retreated in Q4 2025, with a decline of about 34%, currently hovering around $1.8. However, contrasting with the price trend, institutional participation in XRP is increasing. After the launch of the XRP ETF, it attracted substantial capital inflows in a short period, and Ripple continues to make progress in compliance and business expansion, including phased breakthroughs in banking licenses and multiple acquisitions and partnerships.

Trust Wallet has released the latest update regarding the security incident related to the browser extension v2.68. According to current investigations, the affected assets involved in this incident amount to approximately $7 million. The official has explicitly stated that all eligible affected users will be refunded, and user compensation and security support have been prioritized as the top current priorities. From the information disclosed by the official, the Trust Wallet team is continuously reviewing the cause of the incident, while accelerating the improvement of the refund process, including verification of affected addresses, confirmation of loss amounts, and subsequent fund reimbursement arrangements. The official emphasizes that before the official announcement of the refund process, users should remain patient and pay attention to subsequent official notices for specific procedures and timelines.

Although Shiba Inu (SHIB) has underperformed over the past year, discussions about whether it is still a worthwhile investment in 2026 are heating up in the crypto market. As the 2025 cryptocurrency market experiences macro headwinds and structural changes, investors are beginning to reassess the long-term value of mainstream altcoins including SHIB. On the overall market level, Bitcoin and Ethereum hit all-time highs successively in 2025, but this rally did not significantly boost Shiba Inu. SHIB's price temporarily fell to a multi-year low of around $0.0000066, far from the previously targeted $0.0001. This trend has led to clear disagreements in the market about Shiba Inu's future price prospects.

Gate News Bot Message, December 26th, according to CoinMarketCap data, as of press time, RIVER (River) is currently trading at $3.99, up 28.04% in the past 24 hours, with a high of $5.79 and a low of $2.81. The current market capitalization is approximately $78.2 million, an increase of $17.1 million from yesterday. ## Important recent news about RIVER: 1️⃣ **Q3 Airdrop concludes, marking a milestone in project development, with significant expansion in user base and ecosystem integration** The River Q3 airdrop has officially completed, with over 130,000 users participating and 63,000 users meeting the claim criteria. This season features innovative design elements such as real-time incentives, open liquidity, and genuine user participation, marking the project's transition from early incentive testing to a core real-time incentive system at TGE. During this period,

Lista DAO in its 2025 annual report provides a systematic review of the core developments over the past year, focusing on protocol growth, product evolution, governance mechanisms, and future development directions. As a key player in the decentralized finance space, Lista DAO is building long-term competitiveness around stablecoins, real-world assets (RWA), and on-chain governance. At the product level, Lista DAO continues to advance its decentralized stablecoin system by optimizing collateral structures, risk parameters, and liquidation mechanisms to improve overall capital efficiency and system stability. As the DeFi market gradually matures, the protocol emphasizes steady growth rather than mere TVL expansion. This strategy helps to strengthen user trust and increase long-term capital retention.

On December 26th, Boxing Day, global financial markets gradually resumed trading activity after the Christmas holiday. Bitcoin prices regained upward momentum, making a push towards the critical $90,000 mark. Meanwhile, gold and silver prices simultaneously hit new all-time highs, with precious metals and cryptocurrencies jointly becoming the market's focus. According to TradingView data, BTC/USD increased by over 2% on that day, with the upward momentum continuing into the Asian trading session. As Wall Street prepares to open, traders are paying close attention to a key variable—the expiration of Bitcoin options worth nearly $24 billion. The market generally believes that this event will help release the hedging pressure that previously suppressed prices, "freeing" Bitcoin's price movement.

Recently, Digital Ascension Group CEO Jake Claver once again expressed extreme optimism about XRP, publicly stating that he is 99.99999% confident that XRP will see an "astonishing surge" this year. This statement quickly sparked discussions in the cryptocurrency community, especially given XRP's long-term price stagnation, making it appear even more aggressive. The incident was triggered when a member of the XRP community asked Claver on the X platform to explain the reasons behind his high confidence in XRP's prospects. Claver responded with a very positive reply. However, market data is not optimistic. Currently, XRP is priced at approximately $1.87, down nearly 50% from its high of about $3.66 five months ago. As a result, many investors have given up on expectations for 2025 and are shifting their focus to 2026.

ChainCatcher Message, Meteora announced on the X platform that DAMM V2 has launched a trading fee based on market capitalization. This feature will support gradually reducing trading fees as the project grows to promote long-term sustainability and prevent snipers. Meteora added that creators, deployers, and launch platforms on the platform can now define custom fee curves based on market capitalization to support each stage of the token lifecycle.

BlockBeats News, December 26 — Greeks live macro analyst @BTCoptions stated that today is the annual options expiration day, as well as the largest cryptocurrency options expiration in history, with a total notional value of approximately $28 billion. Among them, Bitcoin (BTC) has 267,000 options expiring, with a Put/Call ratio of 0.35, the maximum pain point at $95,000, and a notional value of about $23.6 billion; Ethereum (ETH) has 1.28 million options expiring, with a Put/Call ratio of 0.45, the maximum pain point at $3,100, and a notional value of approximately $3.71 billion. Over half of the options have been settled today. Before settlement, the volume and proportion of block trades increased continuously, mainly due to repositioning needs; after settlement, from March to

The Aave community recently completed a vote on a highly controversial governance proposal, with the results showing that the majority of token holders chose to veto. The proposal originally planned to bring Aave's brand-related assets, including domain names, social media accounts, naming rights, and other intellectual property, under the management of a decentralized autonomous organization (DAO), but ultimately failed to gain community support. According to the snapshot voting results, approximately 55.29% of voting rights voted against, 41.21% of token holders abstained, and only 3.5% supported the proposal. This outcome indicates that, despite the proposal's core aims of "promoting decentralization" and "clarifying brand governance," there is not enough consensus at this stage.

As Russia's cryptocurrency regulatory framework gradually becomes clearer, Russia's largest bank—Sberbank—is evaluating the possibility of launching crypto-backed loans. This move is seen as an important signal of Russia's financial system shifting from simple crypto transactions to more complex crypto financial services, such as crypto asset collateral financing. Sberbank Vice Chairman Anatoly Popov stated that the bank is ready to cooperate with regulators to build the infrastructure needed for crypto-backed loans. He pointed out that the bank has the technical capabilities in place, but the specific implementation timeline still depends on the ongoing regulatory framework. If everything proceeds smoothly, such products are expected to be officially launched around the regulatory deadline in 2026.

Odaily Planet Daily reports that Greeks.live macro researcher Adam posted on the X platform: 267,000 BTC options are expiring, with a Put Call Ratio of 0.35, the maximum pain point at $95,000, and a notional value of $23.6 billion. 1.28 million

With the arrival of the new year, the XRP market is set to experience a highly anticipated routine event. Ripple plans to unlock 1 billion XRP from escrow accounts on January 1, 2026, which has once again sparked traders' assessments of XRP supply changes and potential selling pressure. Although the unlocked amount appears substantial, historical data shows that the actual XRP entering market circulation is often far below the nominal unlock scale. This unlock is part of Ripple's XRP escrow mechanism established in 2017, designed to improve transparency and predictability of XRP supply. According to this rule, Ripple unlocks a fixed amount of XRP each month, then decides how much to allocate for liquidity or business development based on market and operational needs, with the remaining portion re-locked into escrow accounts. Therefore, the core market concern is not "whether to unlock," but "how much the actual circulating supply will increase."

Ethereum prices have recently been consolidating sideways, with ETH oscillating repeatedly between $2800 and $3000, entering a typical "no trading zone." Under the influence of holiday factors, overall liquidity in the crypto market has significantly decreased, short-term trading activity has declined, but on-chain data shows that Ethereum whales are quietly increasing their holdings, laying potential variables for the future market. From a price structure perspective, ETH's short-term volatility is at a low level. Daily trading volume has decreased by more than 20% compared to the monthly average, and Ethereum options implied volatility has also fallen back, reflecting insufficient market participation. Analysts believe that such low-volatility environments usually do not last long; once the holiday ends and funds flow back, prices may quickly break out of the range.

Driven by the rebound in Bitcoin's trend, the market has begun to refocus on the follow-up performance of altcoins. In the past 24 hours, Aptos (APT) has increased by approximately 1.34%, with a cumulative gain of 15.8% over the past week. Meanwhile, Bitcoin (BTC) has risen about 1.5% during the same period, approaching the important resistance level of $90,000. The upcoming expiration of Bitcoin options combined with technical rebound may support short-term market sentiment, but whether Aptos has the momentum to continue rising to $2 remains to be seen. From a medium- to long-term perspective, Aptos's trend remains relatively weak. In August 2024, APT experienced a strong rebound from a low of $4.32 and briefly reached a high of $15.33 by the end of the year. At that time, the market was generally optimistic that 2025 would be a significant phase for altcoin performance, but the actual trend fell well below expectations. During the sharp decline on October 10, the critical support at $4.32 was effectively broken, the bulls' defense line collapsed, and the price quickly retreated.

According to Coinglass data, the total forced liquidation amount for both long and short positions across the entire network is expected to be approximately $150 billion in 2025, with an average of $4–5 billion per day, mainly reflecting margin adjustments under high leverage. Only in rare extreme event windows, such as the deleveraging event from 10·10 to 10·11, does systemic pressure occur.

Foresight News reports that Matrixport has released its weekly report. The report points out that Bitcoin has continued to decline since mid-October, and market sentiment has become cautious. As the market re-mentions the "four-year cycle," many traders speculate that 2026 may still be in a pressure phase. In recent months, Bitcoin has remained under pressure in an environment of converging volatility, deleveraging, and lack of risk appetite, but from derivatives, ETFs, and key technical indicators, the position structure has begun to change. The report shows that historically, the market tends to be more conservative at the end of the year, but after entering the new year, as funds are reallocated and risk budgets are restored, the speed of sentiment reversal can sometimes exceed expectations. The current technical structure indicates that downside momentum is marginally slowing, but there is no clear consensus on an upward trend. Against this backdrop, the market may shift from a "downside risk dominance" to a game stage of "limited downside and the need for catalysts for an upward move." Additionally, as

The Pi Network community is once again in the spotlight after the December 25 token unlock, an event that released a new tranche of Pi tokens into circulation. According to community-linked discussions, the period following the unlock was marked by relative calm, with no sharp price swings or panic selling reported. Supporters described the outcome as a sign of growing ecosystem maturity, while critics used the moment to revive concerns around transparency, timelines, and the project’s prolonged

ChainCatcher reports that three wallet addresses associated with the BDXN project team have deposited approximately $400,000 worth of BDXN tokens into multiple exchanges. These tokens were transferred out from the project team's wallet two months ago.

Russian President Putin recently stated that Russia and the United States are engaging in exploratory discussions on the joint operation of the Zaporizhzhia Nuclear Power Plant, and Ukraine has not been invited to participate in the negotiations. One of the widely discussed details is that the U.S. is allegedly interested in using the power resources of the nuclear plant for Bitcoin mining. This news has quickly sparked heated discussions in the fields of geopolitics and cryptocurrency. According to Russian media outlet Businessman, Putin disclosed this information during a meeting with business representatives, and mentioned that Moscow and Washington are also exploring the possibility of supplying electricity to Ukraine through the Zaporizhzhia Nuclear Power Plant. Putin also stated that Ukrainian technicians will continue to work at the plant, provided they hold Russian passports. The Zaporizhzhia Nuclear Power Plant is the largest nuclear power station in Europe, and since being controlled by Russian forces in March 2022, its ownership has been a highly contentious issue.

Odaily Planet Daily reports that PancakeSwap announced on the X platform that PancakeSwap has launched LP rewards for 11 v3 pools on the Base network via Brevis Incentra. Users can add liquidity through Incentra on Optimism and earn while generating trading fees.

As market expectations for the "Christmas rally" heat up, the total cryptocurrency market capitalization has slightly rebounded to approximately $3 trillion. However, over $27 billion worth of Bitcoin, Ethereum, XRP, and Solana options are expiring today, quickly fueling market concerns about short-term volatility and even a potential pullback. Data shows that this is one of the largest options expiration dates in history. Among them, Bitcoin options are the largest in scale. Deribit data indicates that about 262,000 BTC options, with a notional value of up to $23.38 billion, will expire today, with a total put/call options ratio of 0.33. However, in the past 24 hours, put options trading volume has significantly exceeded call options, with the short-term put/call ratio rising to 1.72, reflecting traders' cautiousness in a low-liquidity environment.

ChainCatcher 消息，据分析师 Specter 统计，今晨发生的 Trust Wallet 黑客事件中最大损失钱包约损失价值 350 万美元资产，该地址已休眠一年时间。第二大损失钱包损失 140 万美元资产，其在被攻击前已经休眠了两年多。

Despite ongoing pressure on on-chain fundamentals, the price trend of Cardano (ADA) is showing potential bullish reversal signals, sparking market interest in its short-term rebound potential. Data shows that since the October 2025 peak, Cardano's price has fallen approximately 60%, but technical patterns indicate that if key resistance levels are broken, ADA still has about 45% rebound potential. According to crypto.news data, Cardano further retreated after the December high, with the current price nearly 25% below the December peak and about 63% below the October high. Its market capitalization has also shrunk from a peak of approximately $35.1 billion to around $12.9 billion, reflecting a significant downward revision of its overall valuation.

BlockBeats News, December 26th, according to HyperInsight monitoring, recently the number of whale long positions on BTC and ETH on Hyperliquid has significantly contracted. Currently, the long and short forces for BTC whales are roughly equal, while the number of ETH short positions has doubled that of longs. Currently, there are approximately 122 BTC whale longs and 116 shorts; for ETH, about 58 whale longs and 113 shorts. Compared to data from October 14th this year, the number of BTC whale longs has decreased by nearly half from 234 in about two months, while the short positions at that time were around 125, with relatively limited change. According to further monitoring, currently on Hyperliquid, BTC

Amid the overall weak sentiment in the crypto market and the generally flat performance of Layer-1 tokens, some projects that have achieved substantial growth in user scale, protocol revenue, and development investment are regaining funding attention. Lido DAO (LDO) is one of the representatives, and its recent trend shows a clear relative strength. On December 25, in a cautious market environment, LDO rose against the trend and became one of the top-performing cryptocurrencies of the day. This performance reflects that market funds are shifting away from short-term speculative rotations and gradually moving toward DeFi protocols with real economic value and sustainable business models. The development activity around Lido and its on-chain revenue performance also serve as important fundamental factors supporting its price performance.