Layer-1 assets saw sharp drawdowns in 2025, with Solana down 35.9% and Avalanche falling more than 67%, according to OAK Research's end-of-year report. The study highlights user redistribution, TVL shifts, and a pivot toward revenue-focused protocols, while developer activity stayed resilient across EVM, Bitcoin, and Solana ecosystems.

U.S. spot Bitcoin ETFs have logged eight straight trading sessions of institutional redemptions, with total outflows hitting about $825 million as year-end tax loss harvesting takes hold. On December 24, Bitcoin products shed $175 million, while Ethereum ETFs lost $52.70 million and Solana and XRP funds attracted smaller inflows. Analysts highlight a regional shift in flows, with U.S. investors acting as net sellers and Asian buyers emerging as key accumulators, alongside weakening apparent Bitcoin demand and rising odds of a broader bear market phase.

Moscow Exchange and St. Petersburg Exchange have outlined plans to start regulated cryptocurrency trading once Russia's new legal framework is in force by July 1, 2026. Qualified investors will be able to trade without volume limits, while retail participants face knowledge tests and a yearly purchase cap of 300,000 rubles, alongside an ongoing ban on using crypto for domestic payments.

Boundless (ZKC) surged 30%, trading near $0.12 with more than $90 million in volume and a circulating market cap around $27 million after dropping over 80% from post‑TGE highs. Price is rebounding from the $0.11 area, with resistance at $0.15 and a clearer structural shift only if $0.20 is reclaimed.

Entities linked to alleged Mt. Gox hacker Aleksey Bilyuchenko moved another 1,300 BTC worth about $114 million to unknown exchanges over the past week. Since October, these addresses have sold 2,300 BTC and still hold 4,100 BTC valued near $360 million, indicating an ongoing, controlled distribution.

Anthropic's Claude AI published projections for Solana, XRP, and Sui as 2025 nears its end, flagging potential volatility around Christmas that could carry into early 2026. It sets bullish ranges at $275–$400 for SOL, $5–$8 for XRP, and $4–$7 for SUI, while mapping bearish consolidation zones linked to macro headwinds and technical levels.

Wintermute warns the expected altcoin rally has stalled, with retail capital rotating back to Bitcoin and Ethereum as dominance rises and liquidity thins. Over the past 24 hours, Bitcoin fell 1.12% below $87,000 and Ethereum slipped 1.5% near $3,000, while liquidations hit roughly $600 million Monday and $400 million on Wednesday and Thursday. Bitcoin ETFs saw $650.8 million in outflows over four days and Ethereum funds recorded $95.52 million in net outflows.

Shiba Inu (SHIB) fell over 66% year-over-year in 2025 and, according to the analysis, printed its first weekly death cross while slipping below support that had held since early 2023. Trading near $0.00000706 (about -3%), oscillators show weak momentum, and analyst Nebraskangooner says SHIB is "dead" unless it reclaims $0.00000135.

Bybit will phase out services for users classified as Japanese residents starting in 2026, following formal warnings from Japan's Financial Services Agency in March 2023 and November 2024 over unlicensed operations. The exchange, currently the second-largest globally by trading volume, has already stopped new registrations from Japan and is asking users to complete Identity Verification Level 2 by January 22, 2026 to confirm their residency status.