On 25 December 2025, LD Capital's Trend Research expanded its Ethereum position, buying over 46,000 ETH worth about $137 million during a market dip. Despite unrealized losses above $140 million, founder Jack Yi said the firm plans to deploy up to $1 billion over time and is orienting its strategy toward a potential 2026 cycle.

Ethereum’s price is still capped below the $3,000 level and the 200-day exponential moving average, even as exchange balances continue to decline and whale accumulation grows. Futures market data shows that over 70% of open ETH perpetual positions are long, creating a crowded leverage setup with elevated liquidation risk. Momentum indicators remain subdued, pointing to a coiled market structure that could precede a sharp volatility spike.

On 25 December 2025, data showed Bitcoin's perpetual futures activity falling sharply from peak levels, following a major liquidation event on 10 October that produced the largest open interest drawdown in BTC history. At the same time, Ethereum maintains around 17.5 million perpetual trades on a seven-day average, well above Bitcoin's roughly 13 million, indicating leveraged traders have shifted focus from BTC to ETH rather than exiting the market.

On 25 December 2025, commentary from Rob Hadick argued that growing tokenization will likely support a shared digital economy instead of a single dominant blockchain. He sees Ethereum evolving as a core settlement and capital layer while Solana focuses on speed and high-volume activity, with fragmentation across multiple networks expected as more assets move onchain.

On 25 December 2025, Ray Dalio said in a podcast with Nithin Kamath that Bitcoin is unlikely to be adopted as a central bank reserve asset. He cited the transparency and traceability of its public ledger, which enables governmental oversight and intervention, as core drawbacks. Dalio contrasted Bitcoin with gold, which he views as uniquely resistant to control and manipulation.

U.S. regulators halted an alleged crypto fraud that took over $14 million from investors on 24 December 2025. The operation used social media groups, private chats, and slick but fictitious platforms, then pressured victims to pay new fees during withdrawal attempts, leaving funds unrecovered.

On 24 December 2025, a potential 2026 IPO by Kraken was framed as a possible catalyst for fresh institutional inflows while Bitcoin struggled to recover after a late‑year setback. The asset remains below its October record above $126,000 following a roughly $19 billion liquidation, with opinions split between continued expansion and a cooler phase in 2026.

After Balancer disclosed a vulnerability on November 3, Gnosis validators carried out a hard fork earlier this week to strip the attacker of control over the exploited assets. With more than $116 million drained and roughly $28 million later recovered by white‑hats, the plan now focuses on DAO custody and community governance to manage restitution.

On December 22, 2025, Santiment highlighted unusually negative social chatter around XRP, a pattern that has previously aligned with local lows. As of December 23, 2025, XRP hovered near $1.87–$1.88 while traders watched the $1.80–$1.85 area, with RSI in the high‑30s and a flattening MACD hinting that selling pressure may be fading.