December | Crypto

Bitcoin opened the week in the red as fears of a Bank of Japan rate hike triggered a yen carry trade unwind, potentially risking a drop in BTC price to $67,000. Bitcoin (BTC) experienced a sharp pullback in early Asian trading on Monday, dropping to $85,500 amid increasing expectations of a December rate hike by the Bank of Japan (BOJ). Key takeaways: Bitcoin dropped 5% to almost $85,000 in a marketwide correction, liquidating $656 million in longs. Read more

After a solid performance since the October low, what's next for PI's first December?

Cleanspark, Riot, Cipher and Circle rose higher as the odds of a US rate-cut in December reached its highest level of the month on the prediction market. Several crypto-linked stocks climbed on Friday as prediction-market odds of a December rate cut surged to 87% on Polymarket, the highest level this month. Three US-listed Bitcoin miners led the rally, with Cleanspark, Riot Platforms and Cipher Mining all rising in the session and showing double-digit gains over the past five days. Yahoo Finance data showed Circle, the issuer of USDC, jumped nearly 10% in early trading, while Michael Saylor’s Strategy and Coinbase notched more modest increases at the time of writing. Read more

Some Bitcoiners are speculating that the significant surge in the odds of a Fed rate cut in December may lead to Bitcoin finding a price “bottom here for now.” Bitcoiners were noticeably more upbeat on social media today as the odds of a US Federal Reserve rate cut in December nearly doubled compared to just a day earlier. Some crypto market participants are speculating that this could be the catalyst Bitcoin (BTC) needs to halt the asset’s downward trend. “Let’s see if that’s enough to find a bottom here for now,” crypto analyst Moritz said in an X post on Friday, as Bitcoin’s price trades at $85,071, down 10.11% over the past seven days, according to CoinMarketCap. Read more

The slated roundtable discussion comes as privacy experiences a renewed focus from crypto industry executives and civil liberties activists. The US Securities and Exchange Commission’s Crypto Task Force has scheduled a roundtable discussion centered on privacy and financial surveillance for December, as a renewed focus on privacy grips the cryptocurrency industry. The privacy roundtable is slated for Dec. 15. Like other SEC roundtables, crypto industry executives and SEC officials will discuss common pain points and solutions, but no hard policy proposals will be submitted.  Privacy has become a hot-button topic following several developments, including the partial guilty verdict in Tornado Cash developer Roman Storm’s trial in June, the Samourai Wallet developer sentencing in November and the privacy token price rally over the last two months. Read more

At the beginning of November, the odds of a December rate cut were 67% among traders, but they have since cratered alongside investor sentiment. The odds of an interest rate cut at the December Federal Open Market Committee (FOMC) meeting have plunged to 33% as “extreme fear” grips the crypto market and the price of Bitcoin (BTC) dips below $89,000. Investors placed the odds of a December rate cut at about 67% during the first week of November, with the odds dropping below 50% on Thursday, according to data from the Chicago Mercantile Exchange (CME). Traders on prediction markets Kalshi and Polymarket forecast the odds of a December rate cut at about 70% and 67%, respectively. While higher than CME, traders in general appear more hesitant about rate cuts due to persistent fears about inflation, according to The Kobeissi Letter. Read more

Nearly 67% of investors forecast an interest rate cut of 25 basis points in December when polled during the first week of November. Only 45.9% of investors anticipate an interest rate cut at the next US Federal Open Market Committee (FOMC) meeting in December, amid declining market sentiment and a downturn in the cryptocurrency market. The odds of a 25 basis point (BPS) interest rate cut in December were nearly 67% on Nov. 7, according to data from the Chicago Mercantile Exchange (CME) Group. In September, several banking institutions forecast at least two interest rate cuts in 2025, with market analysts at investment banking company Goldman Sachs and banking giant Citigroup each projecting three 25 BPS cuts in 2025. Read more

Ethereum consolidates near $3,866 as bullish patterns form. Analysts see a potential $4,500 breakout by December 2025 if $4,000 resistance gives way. The post Ethereum Price Prediction: December 2025 Forecast Points to $4,500 based on Bullish Indicators appeared first on Cryptonews.

The Federal Reserve just cut the policy rate by 25 basis points, moving the target range to 3.75% to 4.00%. However, futures markets have now removed the prospect of a further cut in December. Before yesterday’s FOMC meeting, many traders expected a third rate cut because inflation had gradually eased, the labor market showed signs […] The post Fed cancels December rate cut, 18% chance of hike, slowing Bitcoin rally appeared first on CryptoSlate.

After years of strict filtering, OpenAI CEO Sam Altman says age verification will unlock adult content in December, as the AI giant attempts to catch up to rivals.

Ether taps $4,000 for the first time in eight months in a further win for ETH bulls and the broader altseason, while Bitcoin dominance fades. Key points: Ether hits $4,000 for the first time since December 2024 in a key milestone for the year. ETH price optimism continues with Ether taking chunks away from Bitcoin’s crypto market cap dominance. Read more

Daily trading in Bitcoin Ordinals reached its most active level since December 6, 2024, with CryptoSlam data showing $11.5 million in sales on July 14.  The data also highlighted more than 8,000 unique buyers versus approximately 3,000 unique sellers, representing the widest buyer/seller gap in five months.  The surge places the sales volume curve above […] The post Daily Bitcoin Ordinals sales volume soar to strongest level since December appeared first on CryptoSlate.