U.S. stock index futures rose on December 21, but analysts warn that in the past 7 years, the "Christmas rally" has declined 6 times, averaging a fall of 4.2%. The real opportunity lies between December 28–31, as institutions rush to build a position ahead of the January effect, along with $23 billion in Bitcoin options expiring.

More and more Chinese companies are considering relocating their registration to Singapore to drop the impact of Trump tariffs. This "Singapore shuffle" trend affects multiple industries, including technology and biotechnology, with a year-on-year increase in related consultations of about 15% to 20%. Singapore's advantages are clear: the U.S. only imposes a 10% tariff on its goods and has 28 FTAs. However, the cases of Shein and TikTok demonstrate that large companies that are "too big to hide" still cannot avoid scrutiny from Western regulators.

U.S. President Trump recently stated that he will soon announce his nomination for the next chairman of the Federal Reserve (FED) to replace the current chairman Powell, whose term ends in May next year, and said that the person he nominates must be a "super dove." The list of candidates has been narrowed down to four, and Trump indicated that he will make a decision this week or "in the coming weeks."

Egrag Crypto argues selling XRP at $1.92 is flawed despite 49% drop from $3.66 peak. The analyst maintains that even in bear markets, relief moves occur first, making current levels an emotional sell zone rather than rational exit point, with $27 target possible once resistance breaks.

Michael Saylor net worth ranges from $7.37B to $9.4B in 2025, driven by his 9.90% Strategy Inc. stake and personal Bitcoin holdings. Strategy owns 649,870 BTC after purchasing 8,178 bitcoin for $836M. This dual leverage means Michael Saylor net worth swings dramatically with Bitcoin price movements.

The Eternal Protocol collapsed just two days ago, and a similar model, the LAF protocol, has also declared its collapse in a virtual money scam. The coin price has fallen to single digits, with the pool emptied to just a few million, and within a short span of about 10 days, it has siphoned off tens of millions of USDT, leaving countless participants with nothing. This scheme promises an investment of 1000 USDT with a daily interest of 1.5%, a 30-day cycle, and an annual percentage rate as high as 547.5%, but in reality, it is just a Ponzi scheme.

At the end of 2024 to the beginning of 2025, the crypto market is highly optimistic about the new cycle, with several Wall Street institutions setting aggressive targets of $200,000 to $250,000. However, after Bitcoin peaked at $126,000 in October, it fell back to around $88,000 by the end of the year, and price predictions generally overestimated the intensity of the rise.

Senior figure in the crypto world, Bao Er Ye (Guo Hongcai), hinted that there is an old fren in the crypto world who has experienced a "deep-sea fishing", reportedly involving billions of US dollars. Although not naming names, multiple KOLs have followed up on the rumors, pointing towards Micree Zhan, co-founder of Bitmain. The term "deep-sea fishing" usually describes secret detentions taking place in China. The rumors suggest that the fine amounts range between 1 billion and 10 billion USD, but it has not yet been officially confirmed.

On December 22, BitLight (LIGHT) experienced a flash crash, with the price falling to $0.91, a 70% drop within 24 hours. According to on-chain monitoring, 6 hours before the flash crash, $6.4 million worth of LIGHT was transferred from a wallet that had previously received funds from the team wallet to a CEX. In just four hours, the total amount of LIGHT contracts liquidated across the network reached $7.64 million, ranking first in the entire network.

The Solana ecological yield protocol RateX has announced the RTX tokenomics, with a total supply of 100 million tokens, of which 44.18% is allocated to the community. RateX splits yield products into principal tokens (PT) and yield tokens (YT), allowing users to trade YT to speculate on yield rate changes, with a maximum support of 10x leverage. The protocol was launched on Solana in 2024.

Taiwan's Central Bank Governor Yang Jinlong stated that Taiwan is less susceptible to the impact of stablecoins due to its efficient payment system, stable prices, and good creditworthiness. However, over 10% of overseas Taiwanese businesses have begun using US dollar stablecoins for cross-border payments, indicating that market demand is outpacing regulatory frameworks. The Financial Supervisory Commission expects the first Taiwanese version of a stablecoin to be issued by financial institutions in the second half of 2026, but Japan has already launched one in 2023, and South Korea is accelerating legislation, raising concerns about Taiwan's strategic ambiguity.

Ray Dalio, the founder of Bridgewater Associates, stated that although Bitcoin is scarce and has monetary appeal, it is still not suitable for appearing on central bank balance sheets. He defined Bitcoin as a "spiritual currency," noting that its traceability, susceptibility to interference, and lack of sovereign control are characteristics that make central banks wary. In contrast, once gold is removed from traditional systems, it becomes harder for authorities to control, making it the preferred choice for central bank reserves.

The Fed plans to conduct a repurchase agreement operation of $6.8 billion on December 22, 2025, to alleviate liquidity pressure in the financial markets at the year-end. This is the first such liquidity-increasing repurchase operation by the Fed since 2020, with approximately $38 billion deployed in the past 10 days. Although the Fed emphasizes that this move is part of regular year-end liquidity management and unrelated to a shift in monetary policy, crypto market investors still interpret it as potential favourable information for risk assets, believing that the increase in liquidity within the system will help improve the overall risk appetite of the market, creating a more favorable macro environment for crypto assets like Bitcoin.

Today's news focus on XRP is on the significant weakening of ETF capital inflow momentum. In the week of December 19, XRP Spot ETF issuers reported a net inflow of $82.04 million, the lowest level since its launch in November. On December 22, the price of XRP hovered below the psychological threshold of $2, and as the year-end approaches, profit-taking has led to a price fall.

The stablecoin giant Tether's 54% stake in the German company Northern Data sold its Bitcoin mining subsidiary Peak Mining for up to $200 million in November. Documents show that the buyer is a company controlled by Tether co-founder Giancarlo Devasini and CEO Paolo Ardoino. However, due to regulations, this related-party transaction does not need to be disclosed.

As the end of the year approaches, XRP continues to fluctuate below the psychological level of $2, with significant profit-taking pressure. Although there are signs of improvement in the fundamentals—such as the Bank of Japan's dovish rate hike easing the risk of closing yen arbitrage trades, and the market's increasing expectations for a rate cut by the Fed in March next year—XRP spot ETF inflows have plummeted to $82.04 million per week, hitting a new low since its launch in November, which undoubtedly casts a shadow over short-term market sentiment. On the technical side, the bearish moving average system restricts price rebounds, and breaking through $2 will be key to reversing the short-term downtrend and testing upward targets of $2.5 and even $3. The market is waiting for macro policies and regulatory legislation to provide new catalysts.

Motley Fool released four major predictions for Bitcoin in 2026, believing there is ample reason to believe Bitcoin may pump. The four predictions include: an unemployment rate rising to 4.6% could pressure The Federal Reserve (FED) to cut interest rates, institutional investors holding about 8% of the total Bitcoin supply, the federal government's strategic reserves of $15-20 billion plus the emergence of state-level reserves like Texas, and ETFs making investment more convenient and driving demand.

Forbes released its top five predictions for cryptocurrencies in 2026, with the core argument being that cryptocurrency will shift from speculative hype to practical infrastructure. The coming year will not be defined by speculative bubbles or decentralization ideological battles, but rather shaped by how digital assets integrate into everyday finance, business, and institutional activities. Forbes emphasizes that when digital assets solve real problems without demanding attention, they cease to be disruptive and become indispensable.

The William Banks jailbreak incident swept through the entire Crypto Assets community in early March 2025. The 27-year-old comedian and performance artist from Brooklyn, New York, raised $50,000 through a meticulously planned meme coin eyewash and donated it all to Palestinian aid organizations. However, what truly catapulted William Banks to fame was not the charitable act, but his bizarre claim of having escaped from a Connecticut prison – which was later confirmed to be entirely false.

Kevin Hassett, the director of the White House National Economic Council and one of the final candidates for the Fed chair, has recently been vocal, defending the independence of the Fed on one hand and emphasizing that interest rate decisions need to be based on consensus and data; on the other hand, he clearly stated that there is "ample room" for unconventional rate cuts. Hassett is viewed as a close friend of President Trump, and his candidacy is under significant pressure regarding its independent nature due to this relationship. He suggested that the productivity leap brought by artificial intelligence provides a historic window for the Fed to implement a more accommodative monetary policy, and his policy thinking has been interpreted by the market as leaning towards "Greenspan-style" adaptive management. This personnel competition not only concerns the monetary policy path of the United States for the coming years, but the outcome of the independence struggle will also profoundly affect global risk assets, including the liquidity expectations of Bitcoin and Crypto Assets markets.