Investor capital is rotating toward publicly listed crypto firms, per DWF Labs, which cites Memento Research showing over 80% of 2025 token launches trade below their TGE price with 50–70% drawdowns within about 90 days. Meanwhile, crypto IPO fundraising reached about $14.6 billion in 2025 and M&A topped $42.5 billion.

On a proposal debated in the Dutch parliament, lawmakers appear poised to overhaul the Box 3 asset tax by imposing annual levies on both realized and unrealized gains for assets such as stocks, bonds and cryptocurrencies. Officials argue the change is needed to address court rulings and prevent an estimated 2.3 billion euros in lost yearly revenue, while critics from the investment and crypto communities warn it could drive capital and talent out of the Netherlands.

In a Sunday post on X, Ethereum co-founder Vitalik Buterin urged adding a "garbage collection" function to cut protocol bloat stemming from perpetual backward compatibility. He warned that excessive code and complex cryptography weaken trustlessness and self-sovereignty. His proposal targets fewer lines of code, reduced reliance on advanced primitives, and more invariants.

According to Immunefi CEO Mitchell Amador, nearly 80% of crypto projects that suffer a major hack never fully recover, largely due to operational paralysis and lost trust during incident response. Chainalysis data shows 2025 crypto hack losses hit $3.4 billion, with the $1.4 billion Bybit breach helping drive 69% of losses by early December.

Spot Bitcoin ETFs booked $1.42 billion in net inflows over the past week, the strongest since early October, with roughly $754 million Tuesday and about $844 million Wednesday, then a $395 million outflow Friday. Ether ETFs were similarly front-loaded, adding approximately $479 million for the week after about $290 million Tuesday, $215 million Wednesday, and roughly $180 million in net outflows Friday.

In 2025, wallet drainer phishing attacks across EVM chains caused $83.85 million in losses, an 83% decline from nearly $494 million in 2024, with victim counts also falling sharply. Security researchers note losses still tracked market rallies, highlighted by a $6.5 million Permit-based theft, emerging EIP-7702 signature exploits, and a continuing shift toward smaller, retail-focused scams.

On Jan. 1, 2025, trader Vida claimed to have earned about $1 million by switching from long to short positions on BROCCOLI714 after detecting abnormal market maker behavior on Binance. The activity involved large spot buy orders on the low-liquidity BNB Chain memecoin, while Binance stated that system checks showed no indication of a security breach. BNB Chain later saw a sharp rise in active addresses through 2025, supported in part by a memecoin trading surge.

On Dec. 28, Uniswap carried out a burn of 100 million UNI tokens, valued at about $596 million, after its UNIfication fee-burning proposal received 99.9% approval. The transaction, confirmed onchain, permanently cut UNI’s supply and was followed by fee changes on Uniswap v2, selected v3 pools and Unichain. UNI's price gained over 5% in the following 24 hours, while the Uniswap Foundation outlined plans for a 20 million UNI Growth Budget to support ecosystem development.

10x Research's Markus Thielen said on The Wolf Of All Streets Podcast that Bitcoin's four-year rhythm remains intact but is increasingly shaped by politics, liquidity and election cycles rather than the halving. He added that Q4 peaks in 2013, 2017 and 2021, muted reaction to the latest Fed rate cut, and slower inflows suggest a consolidation phase.