On 9 December 2025, Strive Asset Management launched a $500 million at-the-market preferred stock offering to fund bitcoin purchases and other corporate purposes. The company holds about 7,525 bitcoin with an average purchase price of $113,383 per coin. It reports an unrealised loss of roughly 18 percent following the latest market decline. Strive's ASST shares rose around 3.6 percent after the announcement as it continues to pursue a bitcoin-focused treasury strategy.

Pump.fun has spent $205 million buying back 13.86% of the PUMP token supply over the past five months—one of the largest buyback programs in Solana’s ecosystem—yet the token has fallen 55% to a three-month low as derivatives interest collapses and meme-token momentum fades.

On December 10, the Federal Reserve implemented its third 25 bps rate cut, briefly lifting cryptocurrency prices. Ethereum sentiment flipped as ETH pushed toward $3,433 before sliding back near $3,170, according to Santiment. On December 11, Greeks.live said the Fed’s initial T‑bill purchase plan is about $40 billion, and options markets are positioned cautiously with puts trading at a premium.

After the Federal Reserve delivered a quarter-point rate cut, Ethereum extended its advance above $3,300 and began outperforming Bitcoin near $92,000 as traders rotated into higher-duration assets. On-chain and derivatives data indicate the move has been driven by spot buying, with large holders accumulating nearly 1 million ETH and mainnet fees dropping below 300 ETH per day, the weakest revenue level since 2017, according to market data providers.

On December 11, 2025, Gemini said it added RLUSD support on the XRP Ledger. The update enables RLUSD deposits on XRPL and withdrawals on XRPL or Ethereum, with staking up to 4% APY and near-instant settlement. Mastercard and WebBank will use RLUSD to settle transactions on the Gemini Credit Card. XRP fell from $2.17 to $2.02 over 48 hours.

On December 10, the Federal Reserve cut rates by 25 bps to 3.50–3.75% and outlined $40 billion of U.S. T‑bill purchases over the next thirty days. Bitcoin fell 2.14%, slipping under $90k as traders balanced added short‑term liquidity against longer‑term risks, including a potential pause in 2026 cuts.

Ark Invest CEO Cathie Wood says Bitcoin’s traditional four-year cycle may be weakening as institutions and spot ETFs absorb and hold more circulating supply. The April 20, 2024 halving cut miner rewards to 3.125 BTC and reduced daily issuance by about 450 BTC, a change some analysts view as modest relative to total market size and ETF inflows, according to these commentators.

Ethereum-focused treasury firm BitMine reportedly purchased $112 million worth of ETH this week, as chairman Tom Lee reiterated his view that Ethereum has already bottomed at $2,500. The firm’s continued accumulation comes amid broader macro uncertainty following the Fed’s latest rate cut, which pressured crypto prices despite equity gains.