The Kingdom of Bhutan plans to deploy 10,000 BTC, valued at roughly $1 billion, to support the long-term development of its new Gelephu Mindfulness City economic zone. Announced by King Jigme Khesar Namgyel Wangchuck in his National Day Address, the Bitcoin Development Pledge focuses on mindful, sustainable growth and potential collateral, yield strategies, and prudent governance for the kingdom's BTC reserves.

Binance has crossed 300 million registered accounts eight years after its July 2017 launch, supported by deep liquidity, fast listings and diversified stablecoin markets. A Binance report researched by Kaiko highlights how robust infrastructure, structural market improvements, and developments such as Bitcoin spot ETFs and Europe’s MiCA regulation have attracted both retail and institutional traders. Recent data also show Binance processing significantly higher daily volumes than major rivals, with tight spreads and resilient order books during volatile periods.

A weekly analysis outlines a bear cycle for Bitcoin with a historically small 55% drawdown from the all‑time high, implying a potential bottom near $56,000. The view reflects softer demand, fading derivatives risk appetite, and U.S. spot ETFs turning net sellers in Q4 2025, with intermediate support anticipated around $70,000.

Binance co-CEO Richard Teng set out his expectations for 2026, arguing the crypto market is shifting toward steadier cycles and deeper integration with traditional finance. He anticipates broader institutional participation, corporate treasury diversification beyond Bitcoin and Ethereum, and greater policy engagement, alongside progress at the intersection of blockchain and AI.

According to CryptoQuant, bitcoin's recent price rebound has coincided with a sharp decline in exchange deposits and softer selling pressure from large holders. After the Federal Reserve's latest FOMC meeting delivered a 25 basis points rate cut, BTC recovered from $80,000 to a monthly peak of $94,000 while whales and short-term traders realized multi-billion dollar losses.

Strategy announced plans to create a cash reserve exceeding $1.44 billion through at-the-market stock issuance. The reserve will operate independently from the company's Bitcoin holdings, transforming Strategy into a dual-reserve entity managing both BTC and USD funds. The cash buffer will fund preferred stock dividends and cover debt obligations without forcing Bitcoin sales during market downturns.

The XRP Ledger recorded a network velocity of 0.0324 on December 2, marking a 2025 high for the metric. The increase reflects heightened token circulation and liquidity across the network. Data shows active transfers between addresses and peak user engagement levels for the year, according to CryptoQuant.

Bitcoin may be nearing its cycle bottom following significant deleveraging and capitulation, according to Bitfinex Alpha. Entity-Adjusted Realised Losses have surpassed $400 million, exceeding levels recorded at previous market troughs. Reduced selling pressure indicates exhaustion among short-term holders, the analysis shows.

The number of XRP wallets holding at least 100 million tokens declined by 20.6% over eight weeks, with 569 wallets exiting this tier. Despite the reduction in wallet count, the remaining large holders now collectively control 48 billion XRP. This level marks a seven-year high in supply concentration among major addresses.