BitMine has expanded its Ethereum treasury to 4,066,062 ETH after acquiring 98,852 ETH over the past week, pursuing what it describes as a long-term accumulation strategy. Led by Tom Lee, the company aims to build a 5% share of Ethereum's circulating supply, while its latest buying streak leaves the treasury valued at about $12 billion based on a stated average entry of $2,991 per ETH.

On 23 December 2025, Bitcoin-focused firm Strategy was reported to have built a $2.19 billion cash reserve to support interest and preferred dividend payments for nearly three years. TD Cowen analysts say this liquidity shift eases balance-sheet concerns, even as the stock's large Bitcoin position and link to crypto sentiment keep volatility high. They also highlight a changing regulatory backdrop and project Strategy's Bitcoin holdings could climb toward 835,000 BTC by the end of fiscal 2027.

Dogecoin is stabilizing around $0.13 after modest 24-hour gains, while still underperforming on a weekly view. Momentum signals, including a daily RSI in the mid-40s and a flattening MACD, suggest selling pressure is easing. A 2-hour inverse head-and-shoulders near $0.13 puts $0.14–$0.15 in focus if the $0.12–$0.13 support range remains intact.

By late December 2025, listed cryptocurrencies climbed to nearly 29 million, up from fewer than 6 million at the year's start. The surge added well over 20 million tokens in twelve months as issuance rates hit tens of thousands per day and regularly surpassed one million per month. Most new assets struggled to gain liquidity or lasting relevance.

On 21 December 2025, Mercado Bitcoin released a study showing Brazil's average crypto investment per user now exceeds $1,000, with typical holdings around 5,700 Brazilian reais. The report also highlights rising diversification, stronger stablecoin usage, and that digital fixed-income products distributed roughly $325 million to investors in 2025.

Ripple is steering the XRP Ledger toward institutional-grade, protocol-native lending focused on fixed-term, fixed-rate facilities with isolated risk. The architecture centers on Single Asset Vaults for assets such as XRP and RLUSD, enabling yield generation tied to payments and trading workflows. Amendments for governance are expected to enter validator voting in late January.

ETH-focused ETFs saw withdrawals in the second half of December, with weekly outflows exceeding $600 million, according to recent flow data. Selling was led by BlackRock's product, and ETH traded just below $2,900 during the period. Early-week capital exits reduced buy-side support, keeping the near-term outlook defensive.

On 20 December 2025, CryptoQuant warned Bitcoin may have shifted into a bear phase driven by fading demand rather than panic selling. Its on-chain metrics highlight weaker U.S. spot ETF inflows, slower growth among 100–1,000 BTC wallets, and softer perpetual funding, with $70,000 eyed near term and $56,000 (realized price) a later target if demand fails to recover.

On 20 December 2025, BlackRock's spot Bitcoin ETF IBIT ranked among the year's leading ETFs by inflows, even though it has posted negative returns in 2025. The fund attracted more than $25 billion in new capital, indicating investors are prioritizing long-term Bitcoin exposure over short-term price performance and increasingly viewing Bitcoin ETFs as structural portfolio assets comparable to gold.