On 12 December 2025, Bitcoin mining companies collectively held about 127,000 BTC, roughly 12% of corporate Bitcoin treasuries. Marathon (53,250 BTC), Riot (19,324 BTC), and Hut 8 (~13,700 BTC) lead miner holdings. More firms are retaining a share of mined BTC rather than selling to fund operations.

On 12 December 2025, a cross‑party group of UK lawmakers wrote to Chancellor Rachel Reeves, urging a rethink of the Bank of England's systemic stablecoin plans. They argue proposed holding caps of £20,000 per user and roughly £10 million for most businesses, plus reserve rules, would push innovation abroad.

On 12 December 2025, a solo Bitcoin miner using CKpool's service unexpectedly solved block 927,474 with roughly 270 TH/s of hashpower, securing the full 3.133 BTC block reward valued at about $284,000. With only 0.00002% of the network's total computing power and odds estimated at one successful block every 82 years, the event highlights both the extreme risk and rare upside of solo mining in a market dominated by large industrial operators.

On 12 December 2025, Hex Trust announced a wrapped version of XRP designed to operate across multiple blockchains, initially launching on Solana. The new wXRP token is fully backed by native XRP held in regulated, audited custody and connects via LayerZero's OFT standard to support cross-chain DeFi use cases. The rollout begins with more than $100 million in total value locked, creating new liquidity routes and trading pairs with Ripple's RLUSD stablecoin as the XRP Ledger upgrades to v3.0.0.

On Dec. 12, 2025, a U.S. court confirmed a 15-year federal prison sentence for Terra founder Do Kwon after a hearing that featured victim testimonies. Earlier this year, he pleaded guilty, narrowing a nine-count indictment to two fraud charges, while prosecutors had recommended 12 years. The judge also addressed potential transfer to South Korea and limited credit for time Kwon spent in custody in Montenegro.

On 11 December 2025, XRP came under renewed selling pressure as activity on the XRP Ledger and in derivatives markets weakened. Network fee revenue has fallen back to levels last seen in December 2020, while futures open interest has dropped by nearly 60% and funding rates have moved toward neutral. Analysts warn that with a bearish chart pattern forming and demand fading both on-chain and in futures, XRP could be vulnerable to a deeper corrective move.

On 11 December 2025, Galaxy Digital CEO Mike Novogratz told attendees at Solana Breakpoint that crypto is moving into a phase where real-world, user-focused applications will determine which projects endure. He said clearer regulation now allows developers to focus on mainstream adoption and highlighted Solana as a platform for capital-market infrastructure. Novogratz reiterated his long-term optimism on Bitcoin despite 2024's volatility and cited a $9 billion Bitcoin sale by a Galaxy client as an example of early investors locking in gains. He also pointed to discussions at Abu Dhabi Finance Week as further evidence of accelerating institutional engagement with blockchain.

ETH briefly fell near $3,150 before rebounding toward $3,190 on Thursday. On December 10, U.S. Ethereum ETFs saw $56.5 million in inflows. $177 million in liquidations did not crack key supports. Analysts highlight buy walls around $3,150 and $2,800 and note ETH/BTC reclaiming the 20‑day moving average.

On 11 December 2025, Klarna began a research collaboration with Privy to explore how a consumer-focused crypto wallet could fit into its long-term financial ecosystem. The Swedish fintech, valued at just over $12 billion, is examining wallet infrastructure and user experience after launching its KlarnaUSD stablecoin with Tempo and Bridge. At the same time, Klarna is expanding Apple Pay support, membership tiers and international retail and travel partnerships to broaden its payments footprint.