Derek Halpenny, head of forex research at Mitsubishi UFJ, stated that the dollar is expected to continue depreciating in 2026, with a milder decline compared to this year, and the dollar index is projected to fall by about 5%. The main reason is that the Fed may implement multiple rate cuts, while the European Central Bank may keep interest rates unchanged.

This article summarizes cryptocurrency news on December 22, 2025, focusing on the latest Bitcoin news, Ethereum upgrades, DOGE trends, real-time prices of Crypto Assets, and price predictions. Today's major events in the Web3 field include: 1. Bloomberg: Hong Kong plans to introduce new regulations for insurance companies' investments in crypto assets and infrastructure; 2. Gold and silver hit new highs, why hasn't Bitcoin followed suit? The crypto market may face a "lagging response period"; 3. Bridgewater founder Ray Dalio discusses Bitcoin again: scarcity does not equal Central Bank reserves, gold remains the preferred hard asset.

According to ChainCatcher, the Bank of Japan (BOJ) surprised markets on December 19 by raising its policy rate by 25 basis points to 0.75%, marking the highest level since 1995 and officially ending decades of ultra-easy monetary policy in Japan. This gradual hawkish shift reflects sustained inflationary pressures and stronger wage growth, fundamentally changing the macro backdrop for global risk assets, including equities and cryptocurrencies.

Gate News Bot news, on December 22, according to CoinMarketCap data, as of the time of writing, BANK (Lorenzo Protocol) is currently priced at $0.04, having risen 16.30% in the last 24 hours, with a high of $0.05 and a low of $0.03. The 24-hour volume reached $32.4 million. The current market capitalization is approximately $23.6 million, an increase of $3.31 million compared to yesterday. Lorenzo Protocol is an institutional-grade on-chain asset management platform dedicated to building a financial abstraction layer. By combining CeFi financial products with on-chain infrastructure, it provides solutions for complex financial needs within the DeFi ecosystem. The core products of the platform include on-chain trading funds (OTF), which tokenize yield strategies (such as fixed income, principal protection, and dynamic leverage) into a single tradable

Billionaire investor and founder of Bridgewater Associates, Ray Dalio, recently expressed a cautious attitude towards the role of Bitcoin in the global financial system. He pointed out that although Bitcoin has scarcity and certain "monetary properties," it is not suitable as an official reserve asset from the perspective of Central Bank asset allocation and reserve management. In a recent interview, Dalio described Bitcoin as a "spiritual currency." He acknowledged that Bitcoin has a fixed supply, is decentralized, and is widely regarded as a digital currency, but these features are not enough for Central Banks to include it on their balance sheets. Dalio believes that Central Banks are more concerned with the security, stability, and controllability of assets, which are precisely the shortcomings of Bitcoin.

The Bank of Japan recently announced an increase in the benchmark interest rate to the highest level in nearly 30 years, but the market response was unexpected. After the announcement of the interest rate hike, the yen not only failed to strengthen but also experienced a rapid depreciation, reaching new local lows against the US dollar, euro, and Swiss franc. This trend forced the Japanese government to urgently state that it would take "appropriate measures" to address the excessive and one-sided fluctuations in the forex market. Data shows that the USD/JPY once rose to around 157.67, while the EUR/JPY and CHF/JPY respectively reached 184.90 and 198.08. Officials from the Japanese Ministry of Finance warned that if the USD/JPY further approaches the 160 level, the likelihood of official intervention will significantly increase. The yen continues to weaken, which has clearly deviated from the original intention of the Bank of Japan's interest rate hike policy aimed at stabilizing the exchange rate.

Jin10 reported that spot gold soared to a record high of $4,384.82 per ounce on Monday, boosted by market expectations of further Fed rate cuts, ongoing safe-haven demand, and a weaker dollar. Driven by geopolitical and trade tensions, a Central Bank buying spree, and hopes for rate cuts next year, gold, a traditional safe-haven asset, has risen 67% this year. Investors are currently pricing in two rate cuts by the U.S. in 2026, enhancing gold's appeal.

Odaily News The Federal Reserve is seeking public comments on the establishment of a special purpose payment account. This account is designed to provide eligible financial institutions (including encryption companies and fintech firms) with direct access to the central bank's payment system for clearing and settlement purposes. Federal Reserve Board of Governors member Christopher J. Waller stated that the new payment account will support innovation and ensure the security of the payment system. Unlike traditional general master accounts, this account does not pay interest, does not have overdraft privileges, and has a balance limit, but its approval process will be more streamlined. The comment period for this proposal is 45 days and aims to respond to the evolution of payment methods and enhance system efficiency.

The People's Bank of China has introduced a one-time credit repair policy aimed at helping individuals with damaged credit due to the pandemic to rebuild their credit. Eligible individuals who fully repay overdue debts within the specified time will no longer have their overdue information displayed, promoting economic recovery.

Japanese government bonds continue to fall, as the Central Bank raises the Benchmark interest rate to a 30-year high, with the 10-year government bond yield reaching a new high since 1999. The market lacks clear guidance on future policy tightening, and the yen briefly rose against the dollar.

The Governor of the Central Bank of Russia, Nabiullina, stated that Bitcoin mining promotes the economic development of Russia and may strengthen the Ruble's exchange rate. Despite the presence of many illegal miners in the industry, mining is still seen as a factor supporting the Ruble's exchange rate. Russia's encryption mining policy is gradually shifting towards support, encouraging miners to establish bases in areas with surplus electricity.

PANews, December 22 - According to a notice from the People's Bank of China, in order to support individuals whose credit has been damaged during the pandemic but have actively repaid, a one-time credit repair policy will be implemented. From January 1, 2020, to December 31, 2025, records of overdue amounts not exceeding 10,000 yuan that are paid off before March 31, 2026, will be deleted from the credit reporting system. The policy will be uniformly processed by the Credit Reporting Center of the People's Bank, and no individual application is required. It is expected to be implemented in batches starting from 2026.

Golden Finance reports that on Friday, the digital euro received support from the Council of the European Union, which backed a design scheme that combines both online and offline functions. The European Central Bank stated that it could be launched within the next 3 years.

Odaily News The Central Bank of Korea has recently sent a formal document regarding the second round of CBDC testing to major banks, considering the distribution of some government subsidies in the form of Digital Money during the second round of testing. The aim is to use CBDC to restrict the use of subsidies and drop the management and administrative costs associated with subsidy distribution. However, a Central Bank official stated that details, including specific methods and timelines, are currently under discussion. (decenter)

The Bank of Korea has issued documents for the second round of CBDC testing to major banks, planning to distribute part of government subsidies in the form of Digital Money to drop management costs. Currently, details are still under discussion. The previous pilot program was suspended due to issues of cost and practical application value.

Golden Finance reports that RHB Investment Bank Bhd stated in a report on Friday that as investors position themselves ahead of key U.S. economic data, COMEX gold may attempt to break through the resistance level of $4,400 per ounce again next week. If a breakthrough occurs, gold prices could continue their bullish trajectory towards the next resistance level of $4,500. If selling pressure increases, prices may retreat to the 20-day simple moving average. Currently, we maintain a positive trading tendency.

Odaily Planet Daily reported that Santiment states social media sentiment indicates that the crypto market has not yet shown enough panic to confirm a bottom. Santiment founder Maksim Balashevich pointed out that there is currently an optimistic outlook online regarding a short-term reversal of the downward trend, and this retail-driven optimism usually does not appear at the true market bottom. According to Maksim Balashevich's observations, Bitcoin price could further decline to around $75,000, representing a drop of approximately 14.77% from the current level of about $88,000. Additionally, the Bank of Japan raised interest rates to 0.75% on Friday, an action that previously triggered a roughly 20% correction in Bitcoin. Fidelity Global Macro Research Director Jurrien

PANews December 20 News, according to Jintiao reports, China Merchants Bank released a research report stating that on December 19, the Bank of Japan raised interest rates by 25 basis points, bringing the policy rate up to 0.75%. Although the Bank of Japan is highly likely to maintain a restrained pace of rate hikes, the reversal of yen liquidity and the Japanese bond market will still exert pressure on global financial conditions. First, the yen carry trade may continue to reverse, forming a long-term suppression of global asset liquidity. By the end of 2024, approximately $9 trillion in positions will still be based on low-interest yen liquidity, and this liquidity is expected to gradually shrink as the US-Japan interest rate differential narrows. Second, the risk in Japanese bonds may further intensify. In the short term, Prime Minister Fumio Kishida's government approved a supplementary fiscal budget equivalent to 2.8% of nominal GDP. In the long term, Japan plans to increase defense spending to 3% of nominal GDP and permanently exempt consumption tax. Japan's untimely fiscal expansion stance may trigger greater market instability.

This article summarizes cryptocurrency news as of December 19, 2025, focusing on the latest Bitcoin news, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. Tether CEO warns of AI bubble risks: could become the biggest external factor affecting Bitcoin prices in 2026; 2. Bank of Japan raises interest rates to 0.75%, but Bitcoin remains unusually calm: risk signal or new opportunity? 3. Bank of Japan's rate hike helps Bitcoin rebound to $88,000, Arthur Hayes bullish on the Japanese Yen and BTC.

Ahead of the Bank of Japan's interest rate decision announcement today, the crypto market has seen attention-grabbing whale movements. A large on-chain trader held approximately $717 million in crypto long positions at a key macro juncture, sparking market vigilance for short-term volatility. Despite current unrealized losses reaching $54 million, the whale has not reduced its position, demonstrating strong confidence in macro event-driven market trends. From the position structure, this whale primarily allocates mainstream crypto assets through Hyperliquid exchange, including about 203,000 ETH, 1,000 BTC, and over 300,000 SOL, showing a clear macro liquidity betting strategy. These assets are typically highly sensitive to interest rate policies and risk appetite changes, and diversified holdings also reduce risks associated with single-coin volatility.

After the Bank of Japan raised its benchmark interest rate to a nearly 30-year high, Bitcoin prices did not fall but instead rose, reaching as high as $88,000 on Friday, sparking widespread market attention. Data from Cointelegraph Markets and TradingView show that Bitcoin increased approximately 2.5% compared to the opening price on that day and moved in tandem with US stock index futures. This reaction is notably different from previous rate hike cycles, where risk assets typically came under pressure. The Bank of Japan raised its interest rate to about 0.75%, officially ending its long-standing "super-low interest rate" policy. Against the backdrop of major global central banks generally leaning towards easing, Japan's tightening stance stands out. In theory, rate hikes usually suppress risk assets like cryptocurrencies, but the market has evidently already priced in this expectation, instead choosing to believe that "bad news is fully priced in."

Driven by continuous inflows of whale funds, Bitcoin Cash (BCH) has recently performed strongly. According to crypto.news data, as of press time, BCH has risen approximately 7.1% in the past 24 hours, with a high of $585 during the session, making it one of the top gainers among the top 100 cryptocurrencies by market capitalization for the day. At the current price, BCH has rebounded about 28% from its November lows and has increased more than 118% from its lowest point of the year. It is worth noting that this round of gains occurred against a relatively restrained macroeconomic environment. The Bank of Japan announced a 0.25 percentage point increase in its benchmark interest rate to 0.75%, the highest in nearly 30 years, while the Federal Reserve had just cut rates earlier. Despite differing expectations for global liquidity, the overall volatility in the crypto market has been limited, but BCH has led the rally, demonstrating characteristics of an independent market trend.

On December 19, the Bank of Japan raised its benchmark interest rate by 25 basis points to 0.75%, reaching a nearly 30-year high, marking Japan's official acceleration in exiting ultra-loose monetary policy. However, in stark contrast to this historic rate hike, Bitcoin prices were barely affected, fluctuating slightly and stabilizing around $87,000, drawing widespread market attention. From historical experience, when the Bank of Japan enters a tightening cycle, it often triggers the unwinding of yen arbitrage trades, leading to a contraction in global liquidity. Bitcoin and the cryptocurrency market typically experience a significant correction of 20%—30%. But this time, the market reaction was calm, primarily because "expectations have been fully priced in." Most traders had already factored in this rate hike, resulting in limited short-term impact.

Odaily Planet Daily: Bank of Japan Governor Ueda Kazuo stated that they will decide whether to raise interest rates again after assessing the impact of increasing the rate to 0.75% on the economy and prices. (Jin10)

Golden Finance reports that Bank of Japan Governor Kazuo Ueda stated that the short-term interest rate being at a 30-year high has no special significance and that they will closely monitor the impact of the latest interest rate changes. (Jin10)

Citi Macro Report points out that the Bank of Japan's rate hike is not surprising, and further tightening of policy may occur in the future. The Bank of Japan's confidence in its ability to withstand economic uncertainties and corporate profit outlooks has strengthened. It is expected that upcoming economic and inflation data will exceed expectations, and the ultimate interest rate may reach 1.75% by 2027.

Libyan authorities have stepped up their crackdown on cryptocurrency mining, prosecuting 9 individuals mining at a steel plant, sentencing them to three years in prison and confiscating their equipment. Despite the central bank's ban on crypto trading, mining activities still persist. Legal experts believe that mining itself does not constitute a crime; the issue lies in the illegal activities associated with it.

The Bank of Japan unanimously decided to raise interest rates by 25 basis points, indicating that policymakers support the normalization of monetary policy. Although there are hints of potential tightening in the future, the central bank will proceed cautiously and data-dependently, without presetting a rate hike path.

Amid heightened attention from global financial markets, the Bank of Japan announced a 25 basis point increase in the short-term policy interest rate to 0.75%, reaching a new high in nearly 30 years and marking Japan's further exit from decades of ultra-loose monetary policy. Although the rate hike itself signals tightening, market reactions have differed from traditional expectations. In its policy statement, the Bank of Japan noted that due to rising import costs and domestic price increases, Japan's inflation rate has long exceeded the official 2% target. However, the central bank also emphasized that even after this rate hike, the real interest rate adjusted for inflation remains in negative territory, and the overall monetary environment remains accommodative. This statement has somewhat alleviated market concerns about a sharp tightening of monetary policy.

Bank of Japan Governor Kazuo Ueda will hold a press conference on December 19 to explain the considerations behind the rate hike decision and the future interest rate path. The market expects a gradual rate increase, with the yen falling below the 156 level against the dollar after short-term fluctuations, indicating that the rate hike has been fully digested.

Since 2024, the Bank of Japan has raised interest rates three times, in March, July, and January. These rate hikes have tightened global liquidity, and Bitcoin prices have declined after each increase. Although the market has anticipated this, the future impact of rate hikes on Bitcoin remains uncertain.

The European Central Bank recently stated that the technical and institutional preparations for the digital euro are essentially complete. Whether to launch it officially is no longer a technical issue but has entered the stage of political and legislative decision-making. Currently, the project is under review by the European Council and the European Parliament, with the final decision-making authority transferred to the EU legislative bodies. European Central Bank President Christine Lagarde pointed out in a recent statement that the central bank has completed all preliminary design and system construction work, including the operational framework and risk control mechanisms. "The next step will be for the European Council and the European Parliament to decide whether to adopt the European Commission's proposal and whether it needs to be amended and transformed into formal legislation." She emphasized that the digital euro is technically "ready to launch at any time."

Delphi Digital pointed out in its 2026 Market Outlook report that global liquidity will improve, major central bank policies will become more aligned, and deficit spending will drive debt monetization. M2 and gold prices hit new highs, which could be favorable for assets like Bitcoin.

European Central Bank President Lagarde stated that the preparations for the digital euro are complete, with a launch expected in the second half of 2026. It aims to become a cornerstone of financial system stability and calls for the prompt adoption of relevant regulatory regulations.

Golden Finance reports that Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points in March, June, and September 2026, respectively, whereas the previous forecast predicted rate cuts in February, April, and July. (Jin10)

BlockBeats News, December 18th, the European Central Bank kept the deposit facility rate unchanged at 2%, in line with market expectations, marking the fourth consecutive meeting without any change. The main refinancing rate and the marginal lending rate remained at 2.15% and 2.40% respectively. (Jin10)