Bitcoin dropped roughly 5% after about $2 billion in institutional sell orders hit the market, sparking widespread liquidations and sharp intraday volatility. Derivatives desks saw elevated long liquidations and spiking funding rates.
Gemini Predictions is now live in all 50 U.S. states after the CFTC approved Gemini to operate as a Designated Contract Market, opening regulated event-based trading to American users. The move marks a notable regulatory milestone for crypto derivatives-style products.
The Federal Reserve cut interest rates and unveiled a $40 billion T‑bill purchase program, and cryptocurrency markets reacted with a pullback in Bitcoin and Ether as traders reassessed policy signals.
On Dec. 10, 2025 the Federal Reserve cut the federal funds rate by 25 basis points to a 3.0%–3.5% target range, a move widely priced into CME futures and prediction markets like Polymarket and Kalshi. The decision reinforces a more accommodative stance that could matter for crypto and risk assets.
MicroStrategy bought 10,624 BTC for $962.7 million at an average price of $90,615 per coin, funded via an ATM equity offering and preferred-share sales. It's the company's largest Bitcoin purchase in months.
UAE-licensed exchange Bybit announced a strategic partnership with Circle to strengthen USDC liquidity and deliver regulatory-compliant digital asset services worldwide. The move is designed to broaden USDC’s reach and accessibility across global markets.
Vanguard's new crypto price-tracking ETFs drew heavy demand on day one, lifting XRP and Solana sharply. Traders cited increased access and fresh liquidity as the main catalysts.
BlackRock CEO Larry Fink conceded his earlier characterization of Bitcoin as an 'asset of fear' was mistaken, as the firm's iShares Bitcoin Trust (IBIT) posted a new record. The admission and the IBIT milestone highlight growing institutional acceptance of BTC.
A U.S. banking policy shift that injected fresh liquidity into the system sparked renewed momentum for Bitcoin and other major digital assets. Traders reacted to easier funding conditions and a softer short-term rate tone from the Fed.
In a Bloomberg interview, SEC Chair Gary Gensler said Bitcoin is distinct from most other tokens and called the rest “highly speculative.” His remarks reinforce regulatory caution that could shape listings, custody and institutional interest.