On December 12, Tether lodged a binding, all-cash offer for Exor's 65.4% stake in Juventus, with the intention to extend identical terms to remaining shareholders once approvals are secured. Sources close to Exor say the Agnelli family does not plan to sell, despite Tether's pledge to invest up to €1 billion if a takeover succeeds.

According to analysis by Joao Wedson and Alphractal on Dec 12, 2025, long‑term holders have produced four rare distribution signals and moved dormant coins back into circulation. Glassnode notes a 4.4% relative unrealized loss and fading volatility, while price sits roughly 30% below the early October all‑time high near $126,000 and fear readings reach cycle extremes.

On 12 December 2025, Bhutan announced TER, a sovereign digital token backed by the country's gold reserves and issued through Gelephu Mindfulness City. DK Bank will safeguard the physical gold while Matrixdock builds the tokenized asset on Solana, aligning with Bhutan's broader effort to expand its blockchain ecosystem and modernize national finance.

On 10 December 2025, Ethereum climbed back toward $3,400 after one of its toughest stretches since autumn, according to analysts. Bitcoin moved back above $90,000. Ethereum is developing its own constructive setup, with improving technical indicators and a potential long‑term reset rather than a failed trend. Traders are watching December price action to see whether this recovery can extend into a more durable uptrend.

On December 8, 2025, Ethereum‑associated projects were ranked by 30‑day commits, with Chainlink first and Status second, according to Santiment. A December 9 overview said developer attention is shifting from the base protocol toward middleware and applications. It suggested growth may be driven by oracles, liquidity, indexing, storage, and media layers rather than core scalability.

Solana rebounded from recent weakness, holding above the $130 support and gaining nearly 5% over the past 24 hours as trading volume climbed to about $5 billion. Analysts say a potential cup-and-handle is forming on the weekly chart, while SOL continues to trade within a $124–$145 range. Key resistance is seen around $150–$156, with derivatives open interest remaining above $7 billion.

South Korean regulators are advancing proposals to apply bank-style consumer protection frameworks to cryptocurrency exchanges. Under the proposed reforms, platforms would be required to compensate users for losses caused by system failures without requiring proof of negligence. Exchanges would also face penalties reaching 3% of annual revenue for serious violations.

Bitcoin Cash has gained nearly 40% in 2025, outperforming all top-tier Layer-1 networks while Ethereum, Solana, Avalanche, Cardano and Polkadot posted losses exceeding 50%, data show. Analysts attribute BCH's strength to its complete circulating supply with no vesting unlocks or venture capital allocations creating sell pressure. The performance occurred without active centralized marketing, as the project does not maintain an official X account.

Bitcoin trades within a $86,000–$92,000 range, with the $87,400–$88,700 zone identified as critical support containing key Fibonacci levels from the recent decline. Analysts MakroVision and Michaël van de Poppe suggest the market may be approaching a bottom, but warn that failure to break above $92,000 could trigger another decline toward the low-$80,000s. Both emphasize that sustained recovery depends on holding current support or completing a double-bottom formation before reversing.