Reading view

There are new articles available, click to refresh the page.

Why Is Crypto Up Today? – December 19, 2025

The crypto market is up today, with the cryptocurrency market capitalisation increasing by 1.6% to $3.05 trillion. Also, 90 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $164 billion.

TLDR:
  • Crypto market cap is up on Friday morning (UTC);
  • 90 of the top 100 coins and all the top 10 coins went up today;
  • BTC increased by 1.4% to $87,906, and ETH is up 4.1% to $2,953;
  • BTC is still trading within a broader downtrend;
  • BTC’s price action reflects rising uncertainty and the seller-dominated market;
  • Sellers remain firmly in control;
  • Bitcoin struggles to find sustained buying conviction;
  • US consumer prices rose less than expected in November;
  • Markets treated the CPI report ‘as an aberration rather than confirmation of any sustained cooling trend’;
  • US BTC and ETH spot ETFs saw outflows of $161.32 million and $96.62 million, respectively;
  • BitMine has bought at least $229.31 million worth of ETH this week alone;
  • Crypto market sentiment has now approached the extreme fear zone.
  • Crypto Winners & Losers

    At the time of writing, all top 10 coins per market capitalization have seen their prices increase over the past 24 hours.

    Bitcoin (BTC) is up by 1.4% since this time yesterday, currently trading at $87,906.

    btc logo
    Bitcoin (BTC)
    24h7d30d1yAll time

    Ethereum (ETH) is up by 4.1%, now changing hands at $2,953. This is the highest increase in this category.

    It’s followed by Dogecoin (DOGE)’s 2.4% to the price of $0.128.

    At the same time, Tron (TRX) saw the lowest rise, with a change of 0.8%, now standing at $0.2794.

    When it comes to the top 100 coins, 90 coins saw increases. Of these, two are double-digit.

    Provenance Blockchain (HASH) is up 10.1% to the price of $0.03094, while Bitcoin Cash (BCH) went up by 10%, currently changing hands at $587.

    Among the red coins, MemeCore (M) posted the highest fall in the category. It’s down 8.2%, now trading at $1.54.

    Mantle (MNT) is next, having decreased by 3.7% to the price of $1.17.

    Meanwhile, in the US, a delayed report from the Bureau of Labor Statistics was cooler than expected. More precisely, consumer prices increased less than expected in November. This encourages hope among investors that inflationary pressures may cool to the degree that would result in the higher-than-expected easing of US monetary policy.

    Also, Binance is reportedly considering a return to the US market, with potential structural changes to its American operations. A possible recapitalization of Binance.US could reduce Changpeng Zhao’s controlling stake.

    🇺🇸 @binance plans a US return with @cz_binance possibly cutting his stake & pursuing partnerships with BlackRock & Trump-linked WLFI in the works. #Binance #USCryptohttps://t.co/jN8SILynzO

    — Cryptonews.com (@cryptonews) December 18, 2025

    ‘US CPI Was Noisy, Not Bullish’

    Gabe Selby, Head of Research at Kraken company CF Benchmark, commented that Bitcoin’s erratic price action reflects the seller-dominated crypto market, as well as elevated uncertainty around the broader macro trajectory.

    Yesterday’s US CPI release initially appeared supportive for risk assets. However, “the underlying reality is more complex.” Notably, “the data was compiled under highly atypical conditions,” most notably the government shutdown.

    Therefore, the report captured November’s latter portion only, which was heavily distorted by Black Friday product discounting.

    Per Selby, “this created temporary disinflationary noise that limits the report’s reliability as a true inflation gauge. Markets seem to recognize this, treating the print as an aberration rather than confirmation of any sustained cooling trend.”

    “What’s particularly telling is that Bitcoin’s price action mirrored this skepticism in real time. The asset rallied immediately after the release but quickly lost steam as traders reassessed the data quality.”

    Bitcoin pushed toward Wednesday’s highs but failed to break through, fully retracing its gains. That rejection is significant, says Selby. It shows that “sellers remain firmly in control and reinforces the view that Bitcoin is still trading within a broader downtrend, despite the brief optimism sparked by the headline CPI number.”

    The key takeaway, Selby concludes is that, “until we get several months of clean, uninterrupted inflation data, the [US Federal Reserve’s] path remains murky. And in that environment of uncertainty, Bitcoin—despite its recent institutional adoption narrative—continues to behave like the risk asset it is, struggling to find sustained buying conviction.”

    Levels & Events to Watch Next

    At the time of writing on Friday morning, BTC stood at $87,906. After a sideways trading period early in the day, BTC jumped to the intraday high of $89,219, before plummeting to $84,581 and then recovering to the current level.

    Moreover, BTC is down 5% in a week, 3.4% in a month, 13.2% in a year, and 30% from the October all-time high of $126,080.

    Investors are now looking to see if the price will move above $90,000 and then hold that level. This would open doors for another leg up towards $100,000. Conversely, a fall may lead the coin to the $74,000 zone.

    Bitcoin Price Chart. Source: TradingView

    Ethereum is currently changing hands at $2,953. The highest point it reached over the past 24 hours (by the time of writing) is $2,989, before plunging to the low of $2,781. It has recovered to the current price since.

    Over the past week, ETH fell 9.2%, as well as 2.9% in a month and 19.8% in a year. It has also decreased by 40% from its August ATH of $4,946.

    Should the price reclaim the $3,000, it could proceed to $3,130 and $3,250. However, a decrease would pull the price back to the $2,900 zone and possibly into the $2,700 territory.

    Ethereum (ETH)
    24h7d30d1yAll time

    Moreover, the crypto market sentiment has decreased yet again within the fear territory.

    The crypto fear and greed index stands at 21 today, compared to 22 yesterday. It is now back on the verge of the extreme fear zone.

    Market participants remain highly cautious of the incoming development, as well as uncertain over the market trajectory. They’re waiting for further signals to decide on their next moves.

    ETFs Go Red

    After a single day of inflows, the US BTC spot exchange-traded funds (ETFs) posted negative flows of $161.32 million on Thursday. The total net inflow rose slightly to $57.57 billion.

    Of the twelve BTC ETFs, three saw outflows and one saw inflows. BlackRock posted $32.76 million in inflows.

    On the other hand, Fidelity leads the red list with $170.28 million in negative flows. It’s followed by Ark&21Shares’ $12.27 million and Bitwise’s $11.54 million.

    Moreover, the US ETH ETFs continues with outflows, posting a sixth day of negative flows, with $96.62 million in outflows on 18 December. The total net inflow pulled back to $12.52 billion.

    Two of the nine funds recorded inflows, but one saw higher outflows. Grayscale took in $5.63 in total on this day.

    However, BlackRock recorded $102.24 million in outflows.

    Meanwhile, Tom Lee’s Ethereum-focused treasury company BitMine has bought at least $229.31 million worth of ETH this week alone, Arkham reported.

    According to CoinGecko ETH treasury data, the company has purchased 407,331 ETH in the last 30 days. BitMine says it owns over 3.2% of the ETH token supply.

    TOM LEE IS STILL BUYING: $229M THIS WEEK

    Two fresh wallets just withdrew $88.73M of $ETH from FalconX. This acquisition matches prior Bitmine purchase patterns.

    It appears that Bitmine has bought at least $229.31M of $ETH so far this week. pic.twitter.com/NQoqtzGY3I

    — Arkham (@arkham) December 18, 2025

    Quick FAQ

    1. Why did crypto move with stocks today?

    The crypto market saw an increase over the past 24 hours, while the US stock market closed higher on Thursday. By the closing time on 18 December, the S&P 500 was up by 0.79%, the Nasdaq-100 increased by 1.51%, and the Dow Jones Industrial Average rose by 0.14%. The increases follow the release of delayed Consumer Price Index data, which ended up being better than expected.

    1. Is this rally sustainable?

    The rise may continue in the short term, but the analysts expect another decrease at any given moment currently. That said, many argue that we’re still in for a significant rally as the new year begins, possibly in Q1.

    The post Why Is Crypto Up Today? – December 19, 2025 appeared first on Cryptonews.

    Why Is Crypto Down Today? – December 18, 2025

    After a day of a very minor rise, the crypto market is down today. The cryptocurrency market capitalisation decreased by 1.5% and now stands at $3.01 trillion. Also, 95 of the top 100 coins have gone down over the past 24 hours. At the same time, the total crypto trading volume is at $129 billion.

    TLDR:
  • Crypto market cap is down on Thursday morning (UTC);
  • 95 of the top 100 coins and all the top 10 coins have gone down today;
  • BTC decreased by 0.3% to $86,722, and ETH is down 3.9% to $2,834;
  • BTC positioning remains decisively bearish;
  • ‘ETH tells a more nuanced story’;
  • Bitcoin has shown a repeatable pattern in 2024 and 2025;
  • BTC may move above $140,000 in the next 180 days;
  • Bitcoin’s volatility decreased below Nvidia’s in 2025;
  • Anatoly Aksakov affirmed a strict ban on crypto payments in Russia;
  • Coinbase expanded into stocks, advanced trading, and built-in prediction markets;
  • US BTC spot ETFs saw inflows of $457.29 million, and BTC spot ETFs recorded $22.43 million in outflows;
  • Crypto market sentiment keeps falling.
  • Crypto Winners & Losers

    At the time of writing, all top 10 coins per market capitalization have seen their prices decrease over the past 24 hours.

    Bitcoin (BTC) is down by just 0.3% since this time yesterday, currently trading at $86,722. This is the category’s smallest drop.

    btc logo
    Bitcoin (BTC)
    24h7d30d1yAll time

    Ethereum (ETH) is down by just 3.9%, now changing hands at $2,834.

    The highest drop is Dogecoin (DOGE)’s 5% to the price of $0.1245.

    XRP follows with a change of 4.6%, now standing at $1.84.

    When it comes to the top 100 coins, 95 coins saw decreases. Of these, three are double-digit.

    LEO Token (LEO) is at the top of the red list, having dropped 27.1% to the price of $6.58.

    Hyperliquid (HYPE) and Pump.fun (PUMP) follow, with falls of 12% and 11.8%, currently changing hands at $23.94 and $0.002021.

    On the green side, Canton (CC) appreciated the most: 5.6% to $0.07517.

    Midnight (NIGHT) is next with a 3.9% rise, now trading at $0.06385.

    Bitcoin’s volatility becoming more restrained, decreasing below the volatility of Nvidia shares in 2025, Bitwise says. According to the analysts, this shifts reflects a maturing and more diversified investor base.

    📉 Bitcoin’s price swings are becoming more restrained, with the cryptocurrency now showing lower volatility than @Nvidia shares in 2025.#Bitcoin #Nvidiahttps://t.co/REoVJjlqVc

    — Cryptonews.com (@cryptonews) December 18, 2025

    Meanwhile, Anatoly Aksakov, Chairman of the Russian State Duma Committee on Financial Markets, affirmed a strict ban on payments using crypto in the country.

    “We must understand that cryptocurrencies will never become money within our country,” he said. “They can only be used as an investment instrument. If payment is required, it will only be in rubles.”

    BTC Hitting $140,000 in 180 Days

    Fadi Aboualfa, Head of Research at Cooper, commented that Bitcoin has shown the same repeatable pattern in 2024 and 2025. Price hits all-time highs, corrects sharply, and “then finds support almost perfectly at its ETF investor cost basis before beginning the next expansion.”

    “Institutions are not ‘staking sats’,” Aboualfa says. In fact, he argues, “most do not care about sats at all now that Bitcoin is accessible through equities-style ETF shares. They care about risk-adjusted contribution to a portfolio.”

    Notably, without rebalancing, a modest 2% BTC moves to 6.2% in less than 180 days during these cycles. “A 5% allocation drifts dangerously close to double-digit.”

    “With BTC now trading near its $84,000 cost basis, that pattern points to a move north of $140,000 in the next 180 days. If cost basis rises 10% to 15% as in prior cycles, the resulting premium seen at past peaks produces a target range of $138,000 to $148,000.”

    Moreover, Nick Forster, Founder at onchain options platform Derive.xyz, noted that markets continue to slide as we head into the New Year, “with prices sitting on a knife’s edge amid mixed U.S. economic data and persistent macro uncertainty.”

    He says that BTC positioning remains decisively bearish. Traders are pricing continued downside risk through Q1 and Q2, as ongoing sell pressure from previously inactive wallets weighs on spot prices.

    “Looking into the December 26 expiry, positioning is increasingly polarised. On the upside, there is a notable build-up of calls at the $100K and $120K strikes, suggesting some traders are still holding out for a sharp relief rally. On the downside, bears have accumulated substantial put exposure at the $85K strike, pointing to expectations of BTC sliding below $85K in the near term.”

    The probability of NTC reaching $100,000 is now near 30%, while the chance of reclaiming ATHs sits at around 10%, Forster says.

    “ETH tells a more nuanced story,” he says. Signals show a far more balanced outlook into the end of Q2 next year compared to BTC’s persistent bearish bias.

    There’s a 45% chance that ETH reclaims $3,000 by the end of Q1 next year. Also, there’s a 25% chance it surpasses $4,000 over the same period.

    Overall, Forster says, “volatility remains elevated and positioning is defensive, but upside tails have not been fully abandoned as markets brace for a volatile start to the year.”

    Levels & Events to Watch Next

    At the time of writing on Thursday morning, BTC stood at $86,722. The day began with $87,011, trading relatively sideways before briefly jumping to the intraday high of $90,164.

    It quickly plunged to the intraday low, however, of $85,373. It’s been trading sideways again since.

    Bitcoin could further decrease towards $84,000, followed by the $82,300-83,200 range. A higher drop would pull the price below $80,000. On the other hand, a rise may see BTC reclaim 90,000.

    Bitcoin Price Chart. Source: TradingView

    Ethereum is currently changing hands at $2,834. Initially, it went up from about $2,906 to the high of $3,021.

    It then plunged to the intraday low of $2,796. Like BTC, it has traded sideways up until the time of writing.

    If the price continues falling, ETH may see a pullback to the $2,700 level, followed by $2,630. A market uptick could push it upwards to regain the $3,000, if it manages to hold it.

    eth logo
    Ethereum (ETH)
    24h7d30d1yAll time

    Meanwhile, the crypto market sentiment continues decreasing within the fear territory.

    The crypto fear and greed index stands at 22 today, compared to 25 yesterday. It is moving towards the extreme fear zone.

    The fear and uncertainty is increasing as the market continues trending downward. Analysts argue that this may continue in the short- and mid-term at least.

    Source: CoinMarketCap

    ETFs Sees a Mixed Wednesday

    The US BTC spot exchange-traded funds (ETFs) broke the outflow streak on Wednesday, with $457.29 million in inflows. The total net inflow rose slightly to $57.73 billion.

    Two of the twelve BTC ETFs saw outflows and two saw inflows. Fidelity leads the green list with $391.49 million in positive flows. Moreover, BlackRock posted $111.17 million in inflows.

    On the red side, Ark&21Shares let go of $36.96 million. It’s followed by Bitwise’s $8.41 million.

    Source: SoSoValue

    At the same time, the US ETH ETFs posted a fifth day of negative flows, with $22.43 million in outflows on 17 December. The total net inflow keeps falling and currently stands at $12.62 billion.

    Of the nine funds, two recorded outflows, and none saw inflows. BlackRock recorded the majority of this amount: $19.61 million. Fidelity is next with $2.81 million in outflows.

    Source: SoSoValue

    Meanwhile, Coinbase announced the launch of several new products, expanding into stocks, advanced trading, and built-in prediction markets.

    Its users will be able to trade stocks on the platform and place bets on a variety of events through a partnership with Kalshi.

    Stock trading.

    Rolling out on Coinbase in the U.S. pic.twitter.com/tTcjpvVyXc

    — Coinbase 🛡 (@coinbase) December 17, 2025

    Quick FAQ

    1. Why did crypto move with stocks today?

    The crypto market saw a decrease over the past 24 hours, and the US stock market closed its Wednesday session lower. By the closing time on 17 December, the S&P 500 was down by 1.16%, the Nasdaq-100 decreased by 1.93%, and the Dow Jones Industrial Average fell by 0.47%. This is the major indices’ fourth successive decline, as AI bubble worries increase.

    1. Is this drop sustainable?

    This latest decrease was expected, many analysts argue. It may continue in the short term. For now, the market would need a major positive signal to pull it upwards significantly.

    The post Why Is Crypto Down Today? – December 18, 2025 appeared first on Cryptonews.

    💾

    Ex-Standard Chartered, UniCredit Execs Launch Institutional Liquidity Protocol

    Uniform Labs has launched its flagship institutional liquidity layer for tokenised financial markets, Multiliquid. It enables instant conversion between stablecoins and tokenised Treasuries.

    Uniform Labs is a blockchain infrastructure company founded by Standard Chartered, UniCredit, and Allica Bank veterans and digital banking executives.

    The novel product, the press release says, allows instant conversion between blue-chip tokenised money market funds and stablecoins, available 24/7. Institutions can swap between stablecoins on the one hand and tokenised money market funds or other blue-chip real-world assets (RWAs) on the other in a single atomic transaction.

    Therefore, the team says, the product does away with redemption delays and illiquidity “that have made tokenized assets incompatible with institutional treasury operations.” Portfolios can “move at blockchain speed without waiting on issuer redemption cycles.”

    Multiliquid is live on Ethereum Mainnet with support for an initial set of leading RWAs and stablecoins.

    24/7 instant settlement is why tokenization matters. Multiliquid is the open, neutral infrastructure that makes that possible.

    If instant RWA liquidity matters to you, come…

    — Multiliquid (@multiliquid_xyz) December 17, 2025

    Multiliquid supports tokenised money market funds, private credit, private equity, real estate, and other RWAs.

    Moreover, the protocol is available on Ethereum. Solana deployment is coming soon, per the announcement.

    Supported stablecoins include USDC and USDT, with more assets to come.

    Also, it supports tokenised Treasury assets issued or managed by Wellington Management and other asset managers.

    This enables constant and instant liquidity, so that “holders can access instant liquidity anytime,” the team says.

    Finally, use cases include automated stablecoin sweeps, on-chain repos, instant RWA redemptions, on-chain treasury management, and collateral optimization for exchanges and trading platforms looking to generate yield on stablecoin balances.

    Source: Multiliquid

    Making Non-Treasury Assets Structurally Liquid

    Uniform Labs argues that there are hundreds of billions of dollars in stablecoins that are unable to earn yield directly.

    Therefore, institutions need a compliant method to pair regulated, yield-bearing assets with the 24/7 liquidity of stablecoins.

    With Multiliquid, says the team, stablecoins remain “pure payment instruments.” Yield comes from tokenised money market funds and other regulated RWAs connected via Multiliquid’s swap layer.

    Moreover, the company argues, the tokenized RWA market has jumped to more than $35 billion, yet non-Treasury assets remain structurally illiquid. This includes private credit, private equity, real estate, and commodities.

    Source: Multiliquid

    “The tokenisation thesis only works if these assets are actually liquid,” said Uniform Labs CEO Will Beeson, ex-co-founder of Standard Chartered’s tokenised asset platform. Most RWAs are “just poorly wrapped versions of the same old assets,” he said.

    “There’s essentially zero secondary liquidity for most tokenised assets, whether money market or private credit funds, with investors largely forced to wait for issuer-controlled redemption windows.” Multiliquid is a liquidity layer that enables “onchain capital markets [to] actually function in real time,” Beeson says.

    According to Mark Garabedian, Director of Digital Assets and Tokenisation Strategy at Wellington Management, “for large asset owners, tokenisation only becomes compelling when it fits cleanly into existing liquidity and treasury workflows. Infrastructure that can reconcile regulated funds with always-on stablecoin rails is an important part of making tokenised portfolios practical at scale.”

    Angelo D’Alessandro, COO of Uniform Labs and former CEO of UniCredit’s Buddybank, added that “for decades, institutional finance accepted that yield and liquidity don’t coexist. That was never a law of nature – just a limitation of the pipes.” Multiliquid, he argues, is new pipes that run finance at internet speed.

    The post Ex-Standard Chartered, UniCredit Execs Launch Institutional Liquidity Protocol appeared first on Cryptonews.

    💾

    Why Is Crypto Up Today? – December 17, 2025

    The crypto market is up today, but the change at the time of the writing is so low that the market is unchanged. The cryptocurrency market capitalisation increased by just 0.1%. It now stands at $3.03 trillion. Also, 75 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $108 billion.

    TLDR:
  • Crypto market cap is largely unchanged on Wednesday morning (UTC);
  • 75 of the top 100 coins and 4 of the top 10 coins have gone up today;
  • BTC increased by 0.1% to $86,388, and ETH is down 0.1% to $2,924;
  • expectations for extreme moves have moderated
  • Implied volatility remains elevated;
  • The Marshall Islands launched a nationwide UBI program that allows crypto payments;
  • HashKey Holdings started trading in Hong Kong, shares decreased;
  • US BTC and ETH spot ETFs both saw outflows on Tuesday of $227.09 million and $224.26 million, respectively;
  • Crypto market sentiment is largely unmoved over the past month.
  • Crypto Winners & Losers

    At the time of writing, four of the top 10 coins per market capitalization have seen their prices decrease and four increase over the past 24 hours (not taking the stablecoins into account).

    However, it’s notable that most changes are so low that the prices are practically unchanged.

    Bitcoin (BTC) is up by just 0.1% since this time yesterday, currently trading at $86,388.

    btc logo
    Bitcoin (BTC)
    24h7d30d1yAll time

    Ethereum (ETH) is down by just 0.1%, now changing hands at $2,924.

    XRP is the only coin with a change above 1%. It’s up 1.2%, now standing at $1.9.

    It’s followed by Dogecoin (DOGE)’s 0.6% rise to the price of $0.1298.

    On the other side, Tron (TRX) saw the category’s highest fall of just 0.2%, currently trading at $0.2792.

    Looking at the top 100 coins, 75 coins saw increases, even if minor.

    The highest among these is Midnight (NIGHT)’s 4.5% to $0.05944, followed by Monero (XMR)’s rise 4.2% to $429.

    On the other hand, Aster (ASTER) decreased the most: 9.2% to $0.7421.

    Bittensor (TAO) is next, having dropped 6.2% to $246.

    Delayed job and retail reports released in the US on Tuesday increased uncertainty among investors across markets. The reports showed that the US labour market continues to weaken.

    Meanwhile, the Marshall Islands has launched a nationwide universal basic income (UBI) program that allows citizens to receive payments via cryptocurrency.

    Every resident citizen is entitled to quarterly payments of roughly $200, or about $800 annually. The first payments were distributed in late November.

    HISTORIC NEWS 🇲🇭

    We’re helping tokenize a nation.

    The Marshall Islands is launching blockchain-based UBI, giving citizens dollar-denominated tokens they can receive, store, and send peer-to-peer from their phones.

    Powered by Crossmint Wallets pic.twitter.com/lvAWjTI6SW

    — Crossmint (@crossmint) December 16, 2025

    Volatility Remains High Despite Stabilised Market

    According to Glassnode, risk hedging rose during the market plunge several weeks ago. Bitcoin’s price entered the low-$80,000 range.

    “This coincided with a rise in expected price dispersion, indicating higher uncertainty,” the analysts said.

    However, they found that market conditions have stabilized. Moreover, expectations for extreme moves have moderated.

    Yet, “implied volatility remains elevated relative to the exceptionally low-volatility regime observed over the prior six months, suggesting a shift toward a more active volatility environment.”

    Source: Glassnode

    Levels & Events to Watch Next

    At the time of writing on Wednesday morning, BTC stood at $86,388. The day started with a low of $86,248 and climbed to $87,918, before decreasing again to the intraday low level.

    It’s down 6.7% in a week, moving in the $85,704–$93,042 range. It also decreased 31.4% to $126,080.

    BTC could see its price decrease to $84,000, followed by $82,300. Longer downtrend could lead to a sub-$80,000 levels. Conversely, an upward trend could see the price move towards $100,000.

    Bitcoin Price Chart. Source: TradingView

    Ethereum is currently changing hands at $2,924. The coin has seen quite a choppy trading day, moving from the intraday low of $2,902 to the intraday high of $2,971.

    The price has moved significantly into the red territory over the past week, having dropped 12%. The highest point it’s seen in this timeframe is $3,390. It’s now down 40.7% from the ATH of $4,946.

    If ETH continues falling, it could pull back to the $2,800 and eventually $2,680. Should it increase, however, it would go back above $3,000, and potentially towards $3,300.

    eth logo
    Ethereum (ETH)
    24h7d30d1yAll time

    Meanwhile, the crypto market sentiment saw a slight increase within the fear territory on Wednesday morning.

    The crypto fear and greed index stands at 25 today, compared to 22 yesterday. It’s still moving in a very tight range.

    The uncertainty among marker participants has been noticeable for over a month now. This will not change without a significant catalyst.

    Source: CoinMarketCap

    ETFs Posted a Red Tuesday

    On Tuesday, the US BTC spot exchange-traded funds (ETFs) recorded another day of outflows with $227.09 million. The total net inflow pulled back to $57.27 billion.

    Of the twelve BTC ETFs, five saw outflows and one saw inflows. Fidelity was the only green one yesterday, adding $26.72 million.

    On the red site, BlackRock posted $26.72 million in inflows. It’s followed by Bitwise’s $50.93 million.

    Source: SoSoValue

    Moreover, the US ETH ETFs also recorded negative flows on Tuesday, for a fourth day in a row, with $224.26 million in outflows on 16 December – similar levels to the day prior. The total net inflow now stands at $12.64 billion.

    Of the nine funds, two recorded outflows, and none saw inflows. BlackRock recorded the majority of this amount: $221.31 million.

    Fidelity is next with $2.94 million in outflows.

    Source: SoSoValue

    Meanwhile, HashKey Holdings started trading in Hong Kong on Wednesday. The company’s shares rose about 6% on the opening, but it pulled back soon, falling slightly below the IPO price of HK$6.68 later in the morning.

    HashKey chief Xiao Feng said growing regulation and clearer compliance frameworks make him more confident in the long term prospects of digital assets despite market volatility.

    🎉 HashKey Holdings Limited is officially listed on the Main Board of HKEX!

    As Asia’s first publicly listed digital asset company via an IPO in Hong Kong, this milestone marks the company's entry into a new stage of development and establishes a stronger foundation for its… pic.twitter.com/v22cmEntUX

    — HashKey Group (@HashKeyGroup) December 17, 2025

    Quick FAQ

    1. Why did crypto move against stocks today?

    The crypto market saw an increase over the past 24 hours, and the US stock market closed its Tuesday session with a mixed picture. By the closing time on 16 December, the S&P 500 was down by 0.24%, the Nasdaq-100 increased by 0.26%, and the Dow Jones Industrial Average fell by 0.62%. Delayed job and retail reports increased uncertainty among investors.

    1. Is this rise sustainable?

    The day’s rise is hardly a concrete change, and the market can go either way from this point. It needs a significant catalyst to push it out of the sideway trading.

    The post Why Is Crypto Up Today? – December 17, 2025 appeared first on Cryptonews.

    💾

    Why Is Crypto Down Today? – December 16, 2025

    The crypto market is down today again, with the cryptocurrency market capitalisation decreasing by 4.2%. It is close to falling below the $3 trillion mark and now stands at $3.02 trillion. 95 of the top 100 coins have gone down over the past 24 hours. At the same time, the total crypto trading volume is at $134 billion.

    TLDR:
  • Crypto market cap decreased by 4.2% on Tuesday morning (UTC);
  • 95 of the top 100 coins and all of the top 10 coins have gone down today;
  • BTC decreased by 4% to $86,184, and ETH is down 6.8% to $2,924;
  • Grayscale argues that BTC will set a new ATH in H1 2026;
  • BTC is approaching a strong support level around $84,800;
  • ‘We could even see BTC fall below $80,000 if the rout continues’;
  • ‘The crypto markets should remain alert to liquidity sweeps and heightened volatility around the US data releases’;
  • A US regulator removed crypto from its list of systemic financial threats;
  • The US SEC closed 60% of crypto-related cases over the past year;
  • US BTC and ETH spot ETFs both saw outflows on Monday of $357.69 million and $224.78 million, respectively;
  • Crypto market sentiment continues to decrease.
  • Crypto Winners & Losers

    At the time of writing, all of the top 10 coins per market capitalization have seen their prices decrease over the past 24 hours.

    Bitcoin (BTC) is down by 4% since this time yesterday, currently trading at $86,184.

    btc logo
    Bitcoin (BTC)
    24h7d30d1yAll time

    Ethereum (ETH) is down by 6.8%, now changing hands at $2,924. This is the highest drop in the category.

    It’s followed by XRP’s 5.9%, now standing at $1.88.

    At the same time, Tron (TRX) saw the category’s smaller fall, having decreased by 0.6%, currently trading at $0.2788.

    Looking at the top 100 coins, only five appreciated over the past day.

    MemeCore (M) is up 3.9% to the price of $1.73.

    Provenance Blockchain (HASH) follows with a rise of 2.2% to the current $0.03079.

    On the other hand, three coins recorded double-digit falls.

    Aster (ASTER) decreased by 12.4% to $0.8193, followed by Ondo (ONDO)’s and Pump.fun (PUMP)’s 10% each to $0.4046 and $0.002418, respectively.

    Meanwhile, the US Financial Stability Oversight Council has removed crypto from its list of systemic financial threats in its 2025 annual report.

    Moreover, the US Securities and Exchange Commission (SEC) has dismissed or paused close to 60% of crypto-related cases over the past year.

    Curious about crypto wallets and how to store and access crypto assets? Check out our Crypto Asset Custody Basics Investor Bulletin.https://t.co/x4HMYMHLAe pic.twitter.com/bSbP25nzOc

    — U.S. Securities and Exchange Commission (@SECGov) December 13, 2025

    Uncertainty Driving Policy Expectations

    Nic Puckrin, investment analyst and co-founder of the Coin Bureau, BTC “is in the red once again – a chart that is becoming all too familiar as a disappointing Q4 draws to a close.”

    Having fallen to around $86,000, BTC is now knocking on the door of its 100-week moving average, a strong support level that sits around $84,800, he says. And AI bubble fears and concerns over future monetary policy appear to be to blame once more.

    Notably, the market was convinced that “ultra-dove” Kevin Hassett was a shoo-in for the next US Federal Reserve Chair role. However, Kevin Warsh – a far more hawkish candidate – now appears to be emerging as the frontrunner.

    “The second Kevin is far more likely to stick to the FOMC’s current projections of just one more rate cut in 2026, so the market is starting to believe this narrative,” Puckrin says.

    He adds that it doesn’t help that December is typically a time to book tax losses for the financial year, and Bitcoin is one asset that will have lost many investors money.

    “This all makes for a lacklustre end to 2025, and we could even see BTC fall below $80,000 if the rout continues. In the short term, the ETF cost basis at $83,800 is the next level to watch, and there’s support below that at $81,200 – the true market mean.”

    Additionally, Bitunix analysts noted that the U.S. NFP report is set to be released today, arguing that both it and the subsequent CPI release should be viewed as “impaired data” because of the government shutdown.

    For crypto, “weak NFP data combined with distorted statistics create a dual impact on risk assets,” the analysts say.

    “On one hand, earlier pricing of rate cuts supports medium-term liquidity expectations, offering underlying support for assets such as BTC,” they write. “On the other hand, heightened data uncertainty may trigger sharp short-term volatility across rates, the U.S. dollar, and crypto markets, increasing the likelihood of leveraged positions being flushed out.”

    Finally, they warn that the crypto markets should remain alert to liquidity sweeps and heightened volatility around the data release, with particular attention to whether capital uses macro uncertainty as an opportunity for deleveraging and repricing.

    Levels & Events to Watch Next

    At the time of writing on Monday morning, BTC stood at $86,184. The day’s chart shows a clear plunge from $89,935 to the intraday low of $85,427.

    Additionally, BTC’s price is down 4.3% over the past week. The intraweek high currently stands at $94,267.

    Many argue that there’s still room for BTC to grow higher, over $90,000 and towards $100,000. Some even say a new ATH is possible soon. However, another drop is likely in the short term, in which case, BTC could fall below $80,000.

    Bitcoin Price Chart. Source: TradingView

    Ethereum is currently changing hands at $2,924. Over the past day, the coin fell from the day’s high of $3,171 below $3,000 to $2,895.

    ETH dropped 5.6% in a week, trading in the $2,919–$3,390 range. It is now down 41% from its ATH of $4,946.

    Further decrease would lead the price to the $2,780 and $2,650 levels. If the coin appreciates instead, ETH could reclaim the $3,000 and $3,120 zones.

    Ethereum (ETH)
    24h7d30d1yAll time

    Meanwhile, the crypto market sentiment fell yet again within the fear territory. The crypto fear and greed index stands at 22 today, compared to 27 yesterday.

    This shows significant caution and worry among market participants in regards to the market’s short- and mid-term performance.

    ETFs Saw a Red Monday

    On the first trading day of this week, the US BTC spot exchange-traded funds (ETFs) recorded a significant amount of outflows of $357.69 million. The total net inflow pulled back to $57.55 billion.

    Of the twelve BTC ETFs, five saw outflows and none saw inflows. Fidelity is responsible for the majority of the negative flows, letting go of $213.12 million.

    It’s followed by Bitwise’s $44.32 million in outflows.

    Moreover, the US ETH ETFs recorded negative flows on Monday as well, for a third day in a row, with $224.78 million in outflows on 15 December. The total net inflow fell back below $13 billion, now standing at $12.86 billion.

    Of the nine funds, six recorded outflows, and none saw inflows. BlackRock recorded the majority of this amount: $139.09 million.

    Grayscale is next with $55.28 million in outflows.

    Meanwhile, Grayscale argues that Bitcoin is not done with this cycle and that it will set a new all-time high in the first half of 2026.

    Top themes to watch:
    Stablecoins – $USDT $USDC on $ETH $SOL $BNB $TRX
    Tokenization – $ETH $BNB $SOL $LINK
    Privacy – $ZEC $RAIL
    AI-crypto – $TAO $NEAR $WORLD
    DeFi growth – $AAVE $MORPHO $MAPLE $UNI $HYPE $RAY $JUP
    Next-gen chains – $SUI $MON $MEGA
    Staking clarity impact – $LDO

    — Grayscale (@Grayscale) December 15, 2025

    Quick FAQ

    1. Why did crypto move with stocks today?

    The crypto market saw a decrease over the past 24 hours, and the US stock market closed its Monday session lower. By the closing time on 15 December, the S&P 500 was down by 0.16%, the Nasdaq-100 decreased by 0.51%, and the Dow Jones Industrial Average fell by 0.086%. Tech shares stay under notable pressure as AI bubble concerns increase.

    1. Is this drop sustainable?

    The day’s decrease is unsurprising and may continue over the days to come, despite potential brief price appreciations. Some analysts argue that we have entered the bear market.

    The post Why Is Crypto Down Today? – December 16, 2025 appeared first on Cryptonews.

    A Storm Is Coming and Bear May Follow, Expert Says

    Bitcoin is in an uptrend, the bull is still running, but a bear confirmed entry, and an explosive storm may be on its way, according to Tony Severino, market analyst at fintech platform YouHodler. Ethereum is weak compared to Bitcoin, but this is about to change. At the same time, 2026 will be a massive year, perhaps BTC’s “most decisive” yet.

    According to Severino, Bitcoin is, by definition, still in an uptrend.

    Yet, overhead resistance is stacked. Bitcoin could try to reclaim the 50-week moving average, which sits at some $102,000.

    Then, $100,000 will act as a key psychological barrier, and this makes it “an ideal zone for a bull trap.” A move above $100,000 “could embolden bulls with a ‘we’re so back’ mentality.” But this could “blind them to a potential reversal back down to new lows,” Severino says.

    He argues that,

    “If bulls are able to reclaim $100,000 and hold the support line for weeks to months, any chance of a bear market will likely be cancelled.”

    A bearish high timeframe signal just confirmed in Bitcoin

    The last time it confirmed, Bitcoin fell 75% over the next 365 days before it reached a bottom

    The signal has never missed a bull market or bear market, and it has no false signals

    You can see the signal, TA, and my… pic.twitter.com/iBXmm39AZW

    — Tony "The Bull" Severino, CMT (@TonyTheBullCMT) December 8, 2025

    A Bear Is Here

    Importantly, Q1 2026 will be critical. Per the analyst, it will “show us the way for the rest of the year.”

    Given the high timeframe momentum and four-year-cycle timing and dynamics, he argues, “there is a higher probability that Bitcoin is entering a bear market.”

    Therefore, it’s likely that BTC will fail to reclaim $100,000. This would indicate “that the bull market is indeed over.”

    To confirm a downtrend and change into a bear market, the coin would need to confirm “a lower low.” Therefore, $74,000 becomes a critical support zone that bulls must defend to keep BTC bullish.

    Falling below this zone would confirm the bear market. The next downside target would then sit around $53,000.

    “At that point, higher timeframe technical indicators would reach levels oversold enough to begin to consider a true bear market bottom is in,” he says.

    At the same time, Severino discussed the key technical indicators he’s paying attention to. Per his email, these are all related to momentum. And momentum persists, he says. “Even when a car hits its brakes to avoid an accident, strong enough momentum could push the vehicle towards a crash. It will take time for bearish momentum to turn bullish.”

    As an example, the analysts provided the six-week LMACD (Logarithmic Moving Average Convergence Divergence). This technical indicator confirmed a bearish crossover, he says. It takes 200-365 on average between the signal and a bottom, as well as up to 860 days between a bearish and a bullish crossover.

    “I’d have to begin to see the monthly LMACD lines converge and close in on a bullish crossover before I’d consider a bear market thesis invalidated,” Severino says.

    When a bear market drags on and destroys everything weak, the market needs time to stabilize and reassemble itself

    But the very destruction becomes fuel

    The deepest contractions produce the most explosive expansions

    Human growth works the same way — forged in adversity,…

    — Tony "The Bull" Severino, CMT (@TonyTheBullCMT) December 11, 2025

    Four-Year-Cycle Under Microscope

    “Make no mistake, 2026 will be Bitcoin’s most decisive year yet,” Severino says. “2025 was characterized by confusion” due to macro backdrop uncertainty and Donald Trump’s “tariff tantrums.”

    Moreover, Bitcoin’s 2025 yearly candlestick will close as a Doji. This is typically a pause in a trend. Therefore, either a reversal or strong continuation will follow it.

    “Simply put, Bitcoin will prove the four-year-cycle remains with a bear market, or break the cyclical pattern with a renewed bull run.”

    Source: Tradingview

    At the same time, “a storm is coming.”

    Volatility is stirring on the lowest timeframes. Yet, higher timeframes show an “unusually calm” market. “A spark is waiting to ignite this compression into an explosion,” the analyst argues.

    Ethereum Could Be The Decision Maker

    Ethereum remains relatively weak compared to Bitcoin, Severino says. However, the analyst says, “this is about to change dramatically.”

    The ETHBTC pair shows a reversal: ETH could be outperforming BTC in the longer term.

    However, Severino cautious that if the cryptocurrency market enters a downtrend and bear market, this outperformance could be associated with ETHUSD holding better than BTCUSD, rather than ETHUSD growing faster than BTCUSD.

    Yet, this BTC-ETH “mismatch” should present many favourable trading opportunities even in the bear market.

    Source: Tradingview

    Finally, the ETH/BTC ratio may show a potential capital rotation into Ethereum.

    Several events could dampen BTC and raise ETH. These include a BTC-related catalyst pushing sentiment down, or ETH being far more oversold than BTC. The latter may see Bitcoin reset while Ethereum continues the foundation building phase.

    Therefore, “if Ethereum can revitalize crypto market sentiment, it may finally create the perfect storm situation for an unexpected altcoin season,” Severino concludes. “If Ethereum’s strength fails to ignite interest in altcoins, we may be witnessing the market purging projects without true potential.”

    The post A Storm Is Coming and Bear May Follow, Expert Says appeared first on Cryptonews.

    Why Is Crypto Down Today? – December 15, 2025

    As a new week begins, the crypto market is down today, with the cryptocurrency market capitalisation decreasing by 0.5%. It now stands at $3.15 trillion. About 80 of the top 100 coins have gone down over the past 24 hours. At the same time, the total crypto trading volume is at $94.3 billion, notably lower than what we’ve been seeing over the past month.

    TLDR:
  • Crypto market cap decreased by 0.5% on Monday morning (UTC);
  • 80 of the top 100 coins and 5 of the top 10 coins have gone down today;
  • BTC decreased by 0.5% to $89,627, and ETH is up by 0.6% to $3,128;
  • The Bank of Japan prepares for a rate increase on 19 December;
  • We’re not in a bear market yet;
  • $74,000 is a critical support zone that bulls must defend;
  • Bitcoin will prove the four-year-cycle remains with a bear market or break it with a bull run;
  • A spark is waiting to ignite volatility compression into an explosion;
  • US BTC spot ETFs saw inflows of $49.16 million, while ETH spot ETFs recorded $19.41 million on Friday;
  • The US SEC issued new crypto custody guidance for retail investors;
  • Crypto market sentiment barely moved.
  • Crypto Winners & Losers

    At the time of writing, 5 of the top 10 coins per market capitalisation have seen their prices decrease over the past 24 hours, and three are up (not taking the two stablecoins into account).

    Bitcoin (BTC) is down by 0.5% since this time yesterday, currently trading at $89,627. This is the smallest decrease in this category.

    btc logo
    Bitcoin (BTC)
    24h7d30d1yAll time

    Ethereum (ETH) is up by 0.6%, now changing hands at $3,128.

    The highest decrease on the list is Dogecoin (DOGE)’s 1.5% to $0.1362.

    It’s followed by XRP’s 1.2%. The coin now stands at $1.99.

    On the other hand, Tron (TRX) is the category’s best performer, having appreciated 2.5%, currently trading at $0.2816.

    Looking at the top 100 coins, we find that 80 have dropped over the past day.

    MemeCore (M) fell the most in this category: 6.1% to the price of $1.7.

    It’s followed by Midnight (NIGHT), which is down 5.1% to $0.06792.

    On the green side, two coins saw double-digit increases. Rain (RAIN) appreciated 11.6% to the current $0.007968.

    Provenance Blockchain (HASH) follows with a rise of 11% to the current $0.03013.

    The rest of this list is up by 2.4% and less per coin.

    The market is still consolidating. Lower holiday liquidity and institutional momentum keep BTC range-bound, while traders await new catalysts.

    Moreover, all eyes are on the Bank of Japan now, as it prepares to implement a 25-basis-point rate increase on 19 December.

    Ignacio Aguirre, CMO at Bitget, told Cryptonews that a stronger yen “raises the risk of unwinding yen carry trades which is a move that can temporarily weigh on crypto valuations as leveraged positions reset across global markets.”

    Not a Bear Market (Yet)

    Tony Severino, Market Analyst at YouHodler, argues that “Bitcoin, by definition, is in an uptrend.”

    For BTC to shift into a bear market, a downtrend needs to be confirmed with a lower low. This makes $74,000 a critical support zone that bulls must defend to keep BTC bullish, the analyst says.

    The coin could try to reclaim the 50-week Moving Average, located at around $102,000. Therefore, $100,000 will act as a key psychological barrier for price.

    “The psychology around $100,000 per BTC makes it an ideal zone for a bull trap. Above $100,000 could embolden bulls with a “we’re so back” mentality, which blinds them to a potential reversal back down to new lows. If bulls are able to reclaim $100,000 and hold the support line for weeks to months, any chance of a bear market will likely be cancelled.”

    Meanwhile, a storm is coming, Severino says. While volatility stirs on the lowest timeframes, the market is still unusually calm at higher timeframes, he says. “A spark is waiting to ignite this compression into an explosion.”

    Moreover, sentiment remains at fearful extremes. “While this can be a catalyst for a sustained bounce in a bull market, fear and panic measures stay elevated throughout the duration of a bear market.”

    Severino concludes that Bitcoin will either prove the four-year-cycle remains with a bear market, or break the cyclical pattern with a renewed bull run.

    Levels & Events to Watch Next

    At the time of writing on Monday morning, BTC stood at $89,627. The coin began the day with the intraday high of $90,265, gradually falling to the low of $87,892. It then jumped to $89,898 before moving to the current price.

    Over the past week, BTC moved between $88,230 and $94,267. It’s down 2.2% in this period. It’s also down 6.9% in a month and 28.8% from the all-time high of $126,080.

    Should the market go downwards, BTC could see the sub-$80,000 level. It may fall to $76,300, followed by $70,000. Conversely, a push upwards could help it regain the $100,000 territory.

    Bitcoin Price Chart. Source: TradingView

    Ethereum is currently changing hands at $3,128. Unlike BTC, ETH started the day at $3,119, gradually trading lower to the intraday low of $3,052. It then surged to the intraday high of $3,141.

    Moreover, ETH is unchanged in a week, trading in the $3,065–$3,390 range. At the same time, it’s down 1.4% in a month and 36.6% from the ATH of $4,946.

    Ethereum could see its price reclaim the $3,200 level, after which it could seek to regain the $3,290-$3,370 levels as well. However, another drop could return it to the $2,900 zone and below.

    Ethereum (ETH)
    24h7d30d1yAll time

    Meanwhile, the crypto market continues moving in a very tight range, much like the market itself. The crypto fear and greed index stands at 27 today, the same as yesterday.

    This further highlights the market’s indecisiveness and the participants’ caution as everybody await a macroeconomic signal strong enough to give the prices a push in either direction.

    ETFs Saw a Mixed Friday

    Following a single red day, the US BTC spot exchange-traded funds (ETFs) recorded $49.16 million in inflows on Friday. The total net inflow increased slightly to $57.9 billion.

    Of the twelve BTC ETFs, one recorded inflows and one saw outflows. BlackRock added $51.13 million.

    At the same time, Fidelity posted $1.96 million in outflows.

    Moreover, the US ETH ETFs recorded negative flows for a second day in a row, with $19.41 million in outflows on 12 December. The total net inflow pulled back very slightly compared to Thursday, standing at $13.09 billion.

    Of the nine funds, one recorded inflows, and three saw outflows. BlackRock accounted for all the inflows for the day with $23.25 million.

    Grayscale let go of $36.52 million, while Fidelity saw $6.14 million in outflows.

    Meanwhile, the US Securities and Exchange Commission (SEC) issued new crypto custody guidance for retail investors. It urged them to understand the risks and options before storing digital assets.

    The SEC’s Office of Investor Education and Assistance outlined the technicalities of crypto asset custody, and it defined self-managed wallets and third-party custodians.

    Curious about crypto wallets and how to store and access crypto assets? Check out our Crypto Asset Custody Basics Investor Bulletin.https://t.co/x4HMYMHLAe pic.twitter.com/bSbP25nzOc

    — U.S. Securities and Exchange Commission (@SECGov) December 13, 2025

    Quick FAQ

    1. Why did crypto move with stocks today?

    The crypto market saw a decrease over the past 24 hours, and the US stock market posted a drop during its previous session. By the closing time on Friday, 12 December, the S&P 500 was down by 1.07%, the Nasdaq-100 decreased by 1.91%, and the Dow Jones Industrial Average fell by 0.51%. Tech shares continued experiencing significant pressure as AI bubble concerns grew.

    1. Is this drop sustainable?

    Some fresh catalysts, such as the Bank of Japan’s rate increase, could impact the crypto market in the short term and push it out of the consolidation range. Barring such significant catalysts, the prices are likely to continue trading sideways and lower for a while longer.

    The post Why Is Crypto Down Today? – December 15, 2025 appeared first on Cryptonews.

    ‘47 Ronin’ Director Convicted of $11 Million Fraud in Netflix Case

    Carl Erik Rinsch (49), Hollywood director and writer, was convicted for stealing $11 million from Netflix. A part of the ill-gotten funds went into crypto.

    U.S. Attorney’s Office in New York, USA, announced on Thursday that “Rinsch took $11 million meant for a TV show and gambled it on speculative stock options and crypto transactions.”

    The ’47 Ronin’ director was convicted of one count of wire fraud, which carries a maximum sentence of 20 years in prison, and one count of money laundering, with a max sentence of 20 years in prison.

    Additionally, the prosecutors proved five counts of engaging in monetary transactions in property derived from specified unlawful activity. Each of these carries a maximum sentence of 10 years in prison.

    He will receive his sentence on April 17, 2026.

    According to Fortune, Rinsch’s attorney argued that the verdict “could set a dangerous precedent for artists who become embroiled in contractual and creative disputes with their benefactors, in this case one of the largest media companies in the world, finding themselves indicted by the federal government for fraud.”

    Betting on Dogecoin

    Rinsch allegedly spent $4 million on Dogecoin (DOGE), yielding nearly $27 million in profits. The initial investment should’ve gone to a show production.

    In 2018, the director reached an agreement with an unnamed streaming service, per which the latter would pay him $44 million for the episodes of the science fiction project ‘White Horse’.

    Carl Erik Rinsch had already burned through more than $44 million of Netflix’s money when the streaming giant wired him an additional $11 million in March 2020 to finish a sci-fi series called “White Horse.” But according to the federal indictment, the show was never completed.… pic.twitter.com/a6NwD4XB7k

    — Yahoo News (@YahooNews) December 4, 2025

    However, after Netflix payed him the agreed-upon amount, Rinsch asked for more money in late 2019-early 2020. The company agreed to pay another $11 million for him to finish the show, transferring the funds in March.

    Within only a few days, Rinsch moved the millions through a number of different bank accounts and into a personal brokerage account.

    He then used it to “make a number of personal and speculative purchases of securities,” the announcement says. “His trading was unsuccessful, and in less than two months after receiving $11 million […], Rinsch had lost more than half of those funds.”

    Additionally, he went on to spend millions on luxury items, credit card bills, as well as cryptocurrency investments.

    Rinsch never finished the show.

    The post ‘47 Ronin’ Director Convicted of $11 Million Fraud in Netflix Case appeared first on Cryptonews.

    Why Is Crypto Up Today? – December 12, 2025

    The crypto market is up today, with the cryptocurrency market capitalisation increasing by 1.9%. It now stands at $3.23 trillion. 90 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $124 billion.

    TLDR:
  • Crypto market cap increased by 1.9% on Friday morning (UTC);
  • 90 of the top 100 coins and 9 of the top 10 coins have gone up today;
  • BTC increased by 2% to $92,126, and ETH is up by 1% to $3,239;
  • Unrealized losses rose to $350 billion;
  • ‘The market is likely entering a high-volatility regime in the weeks ahead’;
  • Economists expect the Bank of Japan to raise its benchmark rate;
  • ‘The crypto market should monitor USD/JPY volatility’;
  • Polish government adopted a crypto-asset market bill despite the President’s opposition;
  • US BTC and ETH spot ETFs both saw outflows on Thursday of $77.34 million and $42.37 million, respectively;
  • Coinbase plans to roll out prediction markets and tokenized equities;
  • Crypto market sentiment remains unchanged, signalling significant caution.
  • Crypto Winners & Losers

    At the time of writing, 9 of the top 10 coins per market capitalization have seen their prices increase over the past 24 hours.

    Bitcoin (BTC) is up by 2% since this time yesterday, currently trading at $92,126.

    btc logo
    Bitcoin (BTC)
    24h7d30d1yAll time

    Ethereum (ETH) is up by 1%, now changing hands at $3,239.

    The highest increase on the list is Solana (SOL)’s 4.8%, trading at $137.

    It’s followed by Binance Coin (BNB)’s 2.2% to the price of $886.

    XRP’s 0.5% is the smallest rise in this category. The coin now stands at $2.03.

    On the other hand, the only red coin is Tron (TRX), having dropped 1.1%, currently trading at $0.2772.

    Looking at the top 100 coins, we find that 90 have appreciated over the past day.

    Zcash (ZEC) is the category’s best performer. It’s up 8%, now trading at $452.

    Aave (AAVE) follows with a 7.5% increase to the price of $204.

    As for the ten red coins, Provenance Blockchain (HASH) is at the top, with a fall of 4.6% to the current $0.02881.

    Kaspa (KAS) follows with a 2.1% fall to the price of $0.04677.

    The market is still consolidating, without any significant moves in either direction over the past month.

    Meanwhile, Polish government has adopted an unchanged version of its crypto-asset market bill, despite the opposition from President Karol Nawrocki.

    Prime Minister Donald Tusk argued that the legislation is a matter of national security, saying that the authorities identified several hundred foreign entities operating in the domestic crypto market.

    Source: Krzysztof Piech / Twitter

    ‘A High-Volatility Regime’

    According to Glassnode analysts, several key metrics show a decrease liquidity across the market. This also signals that “the market is likely entering a high-volatility regime in the weeks ahead.”

    They found that unrealized losses jumped to $350 billion. Out of this, BTC is responsible for $85 billion.

    Unrealized losses across the crypto ecosystem have recently climbed to ~$350B, including ~$85B in BTC alone.
    With multiple on-chain indicators signalling shrinking liquidity across the board, the market is likely entering a high-volatility regime in the weeks ahead.… pic.twitter.com/6PqAMNh1HG

    — glassnode (@glassnode) December 11, 2025

    Meanwhile, Bitunix analysts commented on a new Bloomberg survey, which showed that all 50 surveyed economists expect the Bank of Japan to raise its benchmark rate to 0.75% at next week’s meeting.

    Nearly two-thirds of analysts expect the BOJ to raise rates once every six months, with the median terminal rate rising to 1.25%, implying at least two additional hikes, the email points out.

    “If the BOJ signals a stronger adjustment to the neutral rate, global carry trades could tighten, affecting FX dynamics and broader risk appetite,” the analysts say.

    “In the near term, the crypto market should monitor USD/JPY volatility and its spillover effects on liquidity preference to better anticipate shifts in liquidity expectations,” they conclude.

    Levels & Events to Watch Next

    At the time of writing on Friday morning, BTC stood at $92,126. During the first part of the day, the price moved around the intraday low of $89,425. However, it then swiftly rose to the day’s high of $93,467.

    It’s also back in green in the 7-day timeframe, though by a minor change. It’s currently up by 0.3%. During this period, it moved in the $88,202-$94,267 range.

    Now that BTC has reclaimed the $92,000 level, it may proceed to $96,000, followed by $98,500 and then $102,000. Another drop would take it back below $90,000 and towards $87,300.

    Ethereum is currently changing hands at $3,239. After a choppy first day of trading, the price jumped from the intraday low of $3,160 to the intraday high of $3,267.

    ETH is still outperforming BTC in the 7-day period. It appreciated 3.1% in a week, while moving between the intraweek low of $2,946 and intraweek high of $3,390.

    Market participants are now looking to see if the price will move above $3,270 and then $3,400. This would open doors for another leg up towards $4,000. However, a market drop could take ETH back below $3,000.

    Ethereum (ETH)
    24h7d30d1yAll time

    Meanwhile, the crypto market remained unmoved on Friday morning, thus staying in the fear territory. The crypto fear and greed index stands at 29 today, the same as yesterday.

    Market participants remain highly cautious and alert. There are currently no key signals that would move the market in either direction and push it out of the consolidating range.

    ETFs Break An Inflow Streak

    On Thursday, the US BTC spot exchange-traded funds (ETFs) broke a two-day green streak with $77.34 million in outflows. The total net inflow increased slightly to $57.85 billion.

    Of the twelve BTC ETFs, five recorded inflows and two saw outflows. BlackRock took in $76.71 million, followed by Bitwise’s $8.44 million.

    On the other hand, Fidelity saw the highest amount of outflows, letting go of $103.55 million. The next one on the list is VanEck with $19.38 million in outflows.

    Moreover, the US ETH ETFs broke a brief green streak as well, with $42.37 million in outflows on 11 December. The total net inflow pulled back slightly to $13.11 billion.

    Of the nine funds, one recorded inflows, and three saw outflows. 21Shares added $12.08 million.

    At the same time, Grayscale let go of $31.22 million, while Fidelity saw $3.21 million in outflows.

    Meanwhile, major crypto exchange Coinbase plans to roll out prediction markets and tokenized equities. It will issue tokenized stocks in-house rather than through external partners, Bloomberg reported.

    A Coinbase spokesperson said the company would reveal its upcoming products during a livestream on 17 December.

    According to Bloomberg, Coinbase is expected to announce the launch of new features—including proprietary tokenized U.S. equities—at its December 17 event. Screenshots of the upcoming application have been circulating on X for weeks, though the company has not formally disclosed…

    — Wu Blockchain (@WuBlockchain) December 12, 2025

    Quick FAQ

    1. Why did crypto move with stocks today?

    The crypto market saw an increase over the past 24 hours, and the US stock market recorded a mixed performance during its previous session. By the closing time on Thursday, 11 December, the S&P 500 was up by 0.21%, the Nasdaq-100 decreased by 0.35%, and the Dow Jones Industrial Average rose by 1.34%, setting a record high.

    1. Is this rally sustainable?

    The market is still consolidating. Barring a significant macroeconomic signal, it will likely continue trading in a tight range in the short term. It the long term, we should see some significant moves.

    The post Why Is Crypto Up Today? – December 12, 2025 appeared first on Cryptonews.

    Bitcoin Moves Within a ‘Structurally Fragile Range’, Weak But Solid

    Bitcoin (BTC) sits in what can be described as a fragile range, experiencing pressure from high unrealized losses and realized loss realization, as well as heavy profit-taking by long-term holders. “The market is holding steady for now, but conviction remains absent,” according to the latest report by the blockchain data provider Glassnode.

    The analysts found that the world’s number one coin trades within “a structurally fragile” zone. The three factors noted above are collectively anchoring price action at the moment.

    It is noteworthy, however, that demand remains resilient enough to keep price above the True Market Mean (the cost basis of all non-dormant coins), despite this persistent sell pressure. This suggests that buyers are still absorbing distribution.

    Overall, the market structure “suggests a weak but stable range, held up by patient demand yet constrained by persistent sell pressure,” the analysts say.

    Moreover, the short-term trajectory depends on whether liquidity improves and sellers relent. Long term, the market depends on its ability to reclaim key cost-basis thresholds and exit “this time-driven, psychologically taxing phase.”

    Anchored, But Under Strain#Bitcoin is stuck in a fragile range as losses climb, LTH selling grows, and demand stays weak. ETFs, liquidity, and futures remain muted while options price short-term volatility ahead of FOMC.

    Read the full Week On-Chain👇 https://t.co/S4BV3NwNqf pic.twitter.com/lRHc6X66QY

    — glassnode (@glassnode) December 10, 2025

    Moreover, looking at the onchain indicators, the analysts found that, as the market sits in this weak but bounded range, “time becomes a negative force.” They explain that investors find it more difficult to endure unrealized losses. Simultaneously, the possibility of loss realization increases.

    Subsequently, as realized losses rise, recovery anchors further. A surge in realized profit from veteran investors boost this effect.

    That said, the price did slightly recover above the True Market Mean. In the short term, if seller exhaustion arises, this underlying buy pressure could result in a retest of the $95,000 level and potentially the STH-Cost Basis at $102,700.

    “Until then, the True Market Mean remains the most probable bottom-formation zone, barring a new macro shock,” the analysts write.

    Transition Into Low-Liquidity, Mean-Reverting Environment

    Onchain factors show a cautious tone, and off-chain conditions echo it, Glassnode says.

    In short, exchange-traded funds (ETF) flows are negative, spot liquidity is subdued, and futures markets lack speculative engagement.

    The spot market is seeing a thinner demand buffer. This lowers immediate buy-side support, with the price standing in a place “more vulnerable to macro catalysts and volatility shocks.”

    Moreover, Bitcoin’s spot relative volume sits near the lower bound of its 30-day range. It suggests “a more defensive positioning across the board.” Fewer liquidity-driven flows are available to absorb volatility or sustain directional moves.

    Additionally, “across perpetual markets, funding hovered around zero to slightly negative during the week, underscoring the continued retreat in speculative long positioning,” the report says.

    Source: Glassnode

    Meanwhile, the options market recorded “muted” action, in contrast with a jump in short-dated implied volatility. This comes as traders position for a larger move.

    “Options markets reinforce a defensive posture, with traders accumulating volatility, bidding short-dated downside protection, and positioning for a near-term volatility event,” the analysts says.

    Additionally, they found that traders are buying and not selling volatility. Also, traders buying both wings suggest hedging and convexity-seeking behaviour instead sentiment-driven speculation.

    “Combined with rising implied volatility and a downside-leaning skew, the flow profile suggests that market participants are preparing for a volatility event with a bias toward the downside,” Glassnode says.

    Notably, the US Federal Reserve meeting on 10 December was the last meaningful catalyst, so the market is preparing for a transition into a low-liquidity, mean-reverting environment.

    After the rate cut announcement, gamma sellers typically re-enter, accelerating IV decay into year-end. “Absent a hawkish surprise or a notable shift in guidance, the path of least resistance points toward lower implied volatility and a flatter surface through late December,” the report concludes.

    The post Bitcoin Moves Within a ‘Structurally Fragile Range’, Weak But Solid appeared first on Cryptonews.

    Why Is Crypto Down Today? – December 11, 2025

    The crypto market is down today, with the cryptocurrency market capitalisation decreasing by 2.8% and pulling back to $3.16 trillion. 97 of the top 100 coins have gone down over the past 24 hours. At the same time, the total crypto trading volume is at $154 billion.

    TLDR:
  • Crypto market cap decreased by 2.8% on Thursday morning (UTC);
  • 97 of the top 100 coins and all top 10 coins have gone down today;
  • BTC decreased by 2.8% to $90,051, and ETH is down by 4.3% to $3,182;
  • Stocks closed sharply higher as the US Fed approved a rate cut;
  • Cathie Wood argued that Bitcoin’s 4-year cycle may no longer define its long-term performance;
  • ‘A base-case scenario for the week is continued consolidation around current levels’;
  • Key events put ‘a lid on the rally for risk assets heading into the end of the year’;
  • ‘We’re heading into a complex macro season’;
  • ‘There are no other obvious catalysts from here on’;
  • US BTC and ETH spot ETFs both saw inflows on Wednesday of $223.52 million and $57.58 million, respectively;
  • Galaxy said it’s expanding into Abu Dhabi;
  • Crypto market sentiment saw a minor decrease within the fear zone.
  • Crypto Winners & Losers

    At the time of writing, all top 10 coins per market capitalization have seen their prices decrease over the past 24 hours.

    Bitcoin (BTC) is down by 2.8% since this time yesterday, currently trading at $90,051.

    btc logo
    Bitcoin (BTC)
    24h7d30d1yAll time

    Ethereum (ETH) is down by 4.3%, now changing hands at $3,182. This is the category’s third-highest decrease today.

    The highest drop is Dogecoin (DOGE)’s 6.3% to the price of $0.1468.

    It’s followed by Solana (SOL)’s 6%, trading at $130.

    At the same time, the smallest decrease in the category is 0.4% by Tron (TRX), currently trading at $0.2789.

    As for the top 100 coins, only three have appreciated over the past day. These are Provenance Blockchain (HASH), MemeCore (M), and Rain (RAIN), which are up 8.5%, 1.1%, and 1.1% to $0.03038, $1.47, and $0.007672, respectively.

    On the red side, Pump.fun (PUMP) decreased the most in this category: 9.3% to $0.002763.

    Ethena (ENA) follows with an 8.8% fall to the price of $0.2487.

    As expected, the US Federal Reserve approved a 25 basis point rate cut at Wednesday’s FOMC meeting. However, many argued that the cut had already been priced in.

    Ruslan Lienkha, chief of markets at YouHodler, commented that “my base-case scenario for the week is continued consolidation around current levels, accompanied by moderate downward pressure.”

    ‘A Lid On The Rally For Risk Assets’

    Nic Roberts-Huntley, co-founder and CEO of Blueprint Finance, commented on the US Federal Reserve’s move, saying that the 25-basis-point rate cut “will likely soften borrowing costs further and generally boost risk-asset sentiment, which tends to work in favor of crypto.”

    It could see Bitcoin “rally back toward levels we lost over the past few weeks, provided there’s actual liquidity ready to be deployed.”

    That said, he noted, “we’re heading into a complex macro season” and that it will be “hard to isolate the effect of the rate cut in the near term.”

    Moreover, Nic Puckrin, investment analyst and co-founder of The Coin Bureau, said that FOMC decision wasn’t as hawkish as many market participants were expecting, so markets are breathing a sigh of relief.

    However, the Fed is now expected to cut rates only once in 2026, fewer than investors hoped for. This could still change with the change of Chair next year. The attention will now turn to liquidity and the Fed’s balance sheet policy in early 2026.

    The fewer expected cuts and the diverging opinions within the committee “inject a fresh dose of uncertainty into the macro outlook.”

    “And as any investor knows, markets are allergic to uncertainty. This puts a lid on the rally for risk assets heading into the end of the year.”

    That said, the Fed’s announcement is not enough to spark a Santa rally for BTC, and there are no other obvious catalysts from here on, Puckrin argued, barring any unexpected announcements from the US President.

    Additionally, Alexis Sirkia, Chairman of Yellow Network, saying that “the market is mulling over the Fed’s decision of a third quarter-point rate cut to ease the affordability crunch.”

    And yet, “the irony here is that the Fed itself is operating with limited visibility due to the government shutdown, themselves looking to make a critical decision on incomplete data.”

    Slowing down is typical of a centralized system breakdown, designed for stability but forced to make a judgment call in the dark. “I see this as a clear opportunity for the old economic models to be transformed – with trustless systems,” Sirkia said.

    Levels & Events to Watch Next

    At the time of writing on Thursday morning, BTC stood at $90,051. For the first part of the day, it moved sideways before jumping to the intraday high of $94,177 before swiftly dropping to the intraday low of $89,623.

    Over the past week, BTC fell by 3.3%. It has been trading in the $88,202–$94,267 range.

    Should BTC fall below $92,000, it could fall to $87,000 and even the $83,000 level. A steady increase above $92,000 could lead to $98,000, followed by $100,600, $106,000, and $108,000.

    Bitcoin Price Chart. Source: TradingView

    Ethereum is currently changing hands at $3,182. Similarly to BTC, after trading relatively sideways for the first several hours of the day, ETH jumped to $3,432, the day’s highest point. It then plunged to $3,176 before slightly recovering to the current price.

    ETH also entered the red zone in the 7-day timeframe, having decreased by 0.6% and trading between $2,946 and $3,390.

    If it continues falling, the price could reach $3,050 and $2,940. Conversely, a move above $3,350 may lead to $3,500 and $3,750.

    Ethereum (ETH)
    24h7d30d1yAll time

    Meanwhile, the crypto market saw a minor decrease on Thursday morning, not moving from the fear territory. The crypto fear and greed index pulled back to 29 today from 30 yesterday.

    Much like the market itself, the sentiment continues moving in a very tight range. Market participants are awaiting further macroeconomic and/or geopolitical signals to point to a short-term direction.

    ETFs Continue Inflow Streak

    On Wednesday, the US BTC spot exchange-traded funds (ETFs) posted another day of positive flows, with a notable $223.52 million in inflows. The total net inflow increased slightly to $57.93 billion.

    Of the twelve BTC ETFs, two recorded inflows, compared to yesterday’s eight. None saw outflows. BlackRock took in $192.95 million, followed by Fidelity’s $30.58 million.

    Moreover, the US ETH ETFs as well posted another day of positive flows on 10 December, with $57.58 million in inflows. The total net inflow now stands at $13.15 billion.

    Of the nine funds, two recorded inflows, and one saw outflows. BlackRock added $56.45 million, followed by Grayscale’s $7.91 million, while Fidelity let go of $6.78 million.

    Meanwhile, Ark Invest’s CEO Cathie Wood argued that Bitcoin’s four-year cycle may no longer define its long-term performance. Instead, it’s the institutional adoption that’s reshaping volatility, the depth of future drawdowns, and more.

    Moreover, Galaxy said that it will establish an operation under the Abu Dhabi Global Market (ADGM), the emirate’s international financial centre and a rising destination for crypto and fintech firms.

    Galaxy is officially expanding into Abu Dhabi.

    Today, we announced our new @ADGlobalMarket office, strengthening our global reach and deepening our commitment to one of the world’s most dynamic financial centers.

    Read the announcement here: https://t.co/YEw7dZw8ae pic.twitter.com/hifgY2F05J

    — Galaxy (@galaxyhq) December 10, 2025

    Quick FAQ

    1. Why did crypto move against stocks today?

    The crypto market recorded a decrease over the past 24 hours, and the US stock market closed its previous session sharply higher. By the closing time on Wednesday, 10 December, the S&P 500 was up by 0.67% (just missing an all-time high), the Nasdaq-100 increased by 0.42%, and the Dow Jones Industrial Average rose by 1.05%. This comes after the US Federal Reserve cut the key rate to a range of 3.5% to 3.75%.

    1. Is this drop sustainable?

    The market has been largely consolidating over the past month. Analysts expect it to continue moving in the existing range in the short time, while investors wait to see if Bitcoin’s four-year cycle will indeed break or will remain as it historically presented itself.

    The post Why Is Crypto Down Today? – December 11, 2025 appeared first on Cryptonews.

    ❌