On December 20 2025, the Delaware Supreme Court reversed a 2024 ruling and reinstated Elon Musk's $56 billion Tesla compensation plan from 2018, returning 303 million shares valued at about $150 billion. The decision leaves Tesla to determine the fate of a newer pay proposal that could have reached $1 trillion, while awarding $54.5 million in legal fees to the shareholder plaintiff's attorneys.

Bernstein said Nvidia is trading at 25x forward earnings, putting it in the 11th percentile of its 10‑year valuation range and about a 13% discount to the PHLX Semiconductor Sector Index. The firm maintained an outperform rating with a $275 price target, noting shares are up 34% in 2025 while the PHLX Semiconductor Index has gained 41%.

For the second consecutive month, the crypto market has fallen, with a near 30% correction since early October totaling about $1.2 trillion in capitalization, according to Volodymyr Nosov. He attributes the decline to institutional repositioning, macro headwinds, leverage washouts on October 10, regulatory adjustments, and a changing market structure, and expects a return to stability in the first half of 2026.

ETF activity and blockchain metrics now point to sharply different setups for Bitcoin, Ethereum, and XRP heading toward 2026. Bitcoin has moved into a historically discounted valuation zone, Ethereum is seeing large withdrawals from exchanges despite ETF outflows, and XRP’s spot ETFs have built over $1.16 billion in assets. These contrasting signals suggest capital is rotating selectively among the three major assets instead of flowing uniformly into the crypto market.

Updated December 20 2025 12:38 AM UTC, DraftKings launched DraftKings Predictions, a standalone app and web platform for trading on real‑world outcomes. According to DraftKings, the CFTC‑regulated service is live in 38 states, connects to CME Group, and initially lists sports and financial markets, with expansion to entertainment and culture planned.

On December 20, 2025, Aster and Lighter were reported to be closing the gap with Hyperliquid's dominance in decentralized perpetual futures exchanges. Monthly perp volumes reached $252 billion for Lighter and $218 billion for Aster, while open interest stood at $1.7 billion, $2.4 billion, and $7 billion for Lighter, Aster, and Hyperliquid. In November, Lighter briefly led after a $68 million funding round.

SBI VC Trade, a subsidiary of SBI Holdings, is starting a new recruitment round for its "Rent Coin" lending program on Dec. 18, 2025, at 20:00 (JST), supporting 34 cryptocurrencies including XRP, BTC and DOGE. A Coinbase-linked Shiba Inu whale has moved 53,591,805,991 SHIB worth about $415,000 after roughly a year of inactivity, while an Ethereum whale's multisig wallet has reportedly lost around $27.3 million after a private key compromise. The Ethereum attacker has already routed approximately 4,100 ETH via Tornado Cash and still controls a leveraged ETH long position on Aave tied to the compromised multisig.

Chinese AI model DeepSeek has issued aggressive end‑2025 price scenarios for XRP, Bitcoin and Dogecoin, ranging from steep declines to multi‑fold rallies. Its outlook suggests XRP could swing between a collapse toward $0.20 and a surge near $10, while Bitcoin and DOGE face similarly wide targets. The projections highlight potential extreme volatility into the final weeks of 2025 and are speculative, not investment advice.