Over the past two months, Cardano’s ADA has trended lower in price even as large holders steadily increase their positions and smaller retail wallets cut exposure. On-chain data since 1 November shows wallets holding 100,000–100 million ADA adding 26,770 ADA, while wallets with less than 100 ADA sold 44,751 ADA, creating a divergence that could precede a longer-term shift once broader market conditions stabilise.

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.

On December 11, 2025, Terraform Labs co-founder Do Kwon was sentenced in a New York federal court to 15 years in prison for fraud tied to the 2022 Terra ecosystem collapse. Witnesses described around $500 million in lost savings, while Terra-linked tokens LUNC and LUNA fell by 25% after the ruling but LUNC remains 35% higher over the past month.

On December 12, 2025, the Office of the Comptroller of the Currency conditionally approved national trust bank charters for five crypto firms, including Ripple, Circle and Fidelity Digital Assets, granting access to Federal Reserve payment rails and pre-empting state oversight. Earlier on December 9, the OCC issued Interpretive Letter 1188; after the approvals, XRP traded around $2.00, down 2.19%, with limited immediate volatility.

SOL has failed to hold above $145 for four weeks as Solana’s TVL fell by more than $10 billion from its September peak. Following the Oct. 10 market shock, memecoin trading cooled and DEX volumes retreated, while perpetual futures funding shows muted long demand at a 6% annualized rate.

Coinbase and Standard Chartered are deepening their partnership to broaden regulated crypto services for institutional users, emphasizing trading, custody, lending, financing, and staking. The collaboration builds on Singapore banking rails that enable real-time SGD transfers, with Standard Chartered allowing clients to settle with custodians of their choice. No timeline or budget details were disclosed.

Bitcoin has repeatedly moved lower following each Federal Open Market Committee meeting in 2025, reflecting its growing sensitivity to US Federal Reserve policy and interest-rate expectations. Analyst CryptoMichNL expects the real directional move to appear within one to two weeks after the latest decision, with Bitcoin needing to clear $92,000 to challenge the $100,000 area while keeping its broader bullish structure intact. Trader Daan Crypto Trades highlights that the recent pullback bounced at the 0.382 Fibonacci retracement of the cycle, suggesting the uptrend on higher timeframes remains valid.

At Bloomberg's ETFs in Depth conference in New York City, Vanguard's quantitative equity chief John Ameriks compared Bitcoin to a digital plush collectible, calling it a purely speculative asset. His remarks came after Vanguard's December policy shift that let its more than 50 million clients trade crypto exchange-traded funds, even as Bitcoin trades above $90,000 with 16 years of network uptime. Ameriks noted Bitcoin could gain non-speculative utility in environments of high fiat inflation or political instability, but said Vanguard will not give clients advice on specific crypto tokens.