Bitcoin has fallen over 30% since early October, shifting sentiment from optimism to caution as some market participants view the move as a possible peak. A new thesis argues the classic four-year pattern may be giving way to a structurally supported supercycle. Price action remains weak below 90,000 dollars, with 85,000–86,000 highlighted as key support.

On December 16, Valour secured approval to list its Solana product on Brazil's B3, expanding BRL‑denominated institutional access. At press time, SOL traded near $128 within the $122–$145 band as Spot ETF net inflows were about $3.64 million and total net assets hovered around $926.33 million, while risk appetite remained cautious.

A $10 million settlement involving Silvergate Bank is allowing investors tied to FTX and Alameda Research accounts to submit claims by Jan. 30 in a case pending in the Southern District of California. A final approval hearing is scheduled for Feb. 9, while separately former Alameda CEO Caroline Ellison has been moved from federal prison to a community confinement program after serving part of her two-year sentence.

On April 24, 2025, the Federal Reserve Board withdrew its 2023 guidance that limited uninsured banks from engaging in crypto-asset activities, a policy previously linked to Custodia Bank’s master account outcome. The Board indicated it will rely on standard supervisory monitoring going forward, a shift that could broaden bank participation in digital-asset services while elevating discussions on oversight and risk.

On December 15, 2025, Kalshi's John Wang called prediction markets "the memecoins of 2023," underscoring a shift as memecoin activity cooled by late 2025. The article reports that Kalshi, Polymarket and Limitless saw $44 billion in volume this year, while on-chain monthly activity exceeded $13 billion, according to Keyrock and Dune Analytics.

On-chain data shows Bitcoin active wallets have dropped to 2023 lows while the Fear & Greed Index has fallen to 11, pointing to extreme fear and thinning liquidity as the year-end approaches. Analysts note that Bitcoin’s price is hovering near $86,000 above the $81,500 True Market Mean Price, identifying $81,000 as key downside support and $100,000 as the level that must be reclaimed to negate bearish momentum.

On 17 December, the Federal Reserve revoked its restrictive 2023 policy on "novel activities" and introduced a new framework for digital-asset innovation. The updated guidance adopts a "same activity, same risks, same regulation" approach, giving both insured and uninsured state member banks a formal pathway to offer services such as crypto custody, tokenization, and stablecoin integrations under strict risk-management standards.

On Dec. 17, analyst Will Taylor of CryptoinsightUK argued that XRP has returned to the lower end of a long‑standing trading range between about $2.01 and $1.60, which he views as the most attractive area for risk‑to‑reward entries. He highlighted a remaining liquidity pocket around $1.83, discussed adjusting his stop loss near $1.79, and identified a reclaim of roughly $2.07 as a potential trigger for a rapid move toward $2.58–$2.60. At the time of his remarks, XRP was trading near $1.92, and he framed both the asset and the wider crypto market as deeply discounted relative to traditional assets.