According to the article, the US Federal Reserve delivered a 25 BPS rate cut on Wednesday, its third consecutive reduction in 2025, while Bitcoin defended the $90,000 area. BTC hit $94,500 on Tuesday, slipped to $89,500 after the decision, then rebounded above $92,000. ZEC extended its Q4 advance, rising more than 18% to $460 for the week.

On Friday, China was reported to be considering an incentive package valued between $28 billion and $70 billion to bolster its domestic semiconductor sector, with subsidies and financing options still under discussion. The proposed plan, which would run alongside the roughly $50 billion Big Fund III, aims to reduce dependence on foreign suppliers such as Nvidia while supporting firms like Huawei and Cambricon. Chinese policymakers have also signaled that they will maintain economic support in 2026 through flexible monetary tools and a "necessary" budget deficit, while working to stabilize investment and the housing market.

Pakistan’s Virtual Assets Regulatory Authority said on Friday it issued no-objection certificates to Binance and HTX, allowing them to set up local entities and start the licensing process. The clearances are part of a phased regime aligned with FATF AML and CFT standards, with engagement to proceed through the Securities and Exchange Commission of Pakistan.

Pi Network’s core team named the Pi Hackathon 2025 winners, allocating 75,000 PI to Blind_Lounge, 45,000 to Starmax, and 15,000 to RUN FOR PI, with five more teams earning 5,000 PI each. Zcash rebounded after early-December weakness, with some targets above $600 and an outlier at $4,900. Bitcoin stayed range-bound after a 0.25% Fed rate cut.

On December 12, 2025 (UTC), total crypto market capitalization rose 1.9% to $3.23 trillion, with trading volume at $124 billion and 90 of the top 100 coins advancing. Bitcoin gained 2% to $92,126, while Ethereum added 1% to $3,239. US BTC and ETH spot ETFs posted outflows on December 11, totaling $77.34 million and $42.37 million, respectively.

Coinbase plans to introduce prediction markets and tokenized equities on December 17, based on information attributed to Bloomberg sources. The exchange intends to let users trade outcomes of real-world events and on-chain representations of stocks, while issuing the tokenized equities internally to keep tighter control over infrastructure.

The Zcash price (ZEC) rose by 10% as whales accumulated, fee plans were discussed, and Grayscale sparked ETF speculation.

On 12 Dec 2025, the DTCC received no-action relief from the SEC for a three-year blockchain-based asset tokenization pilot scheduled to begin in the second half of 2026. The program will cover tokenized equities, ETFs, corporate bonds and US Treasuries from major US indexes, while DTCC remains the central record-keeper and tests atomic and near real-time settlement models on permissioned blockchains.