Bitcoin opened the week without sharp fluctuations: BTC/USD around $89.2k at 9:30 AM MSK on December 22. Ethereum remains above $3k (approximately $3.03k). The total capitalization of the crypto market is above $3 trillion. The price range has remained narrow for a week.
In the last 24 hours, the market has shown positive dynamics: about half of the top-100 coins by capitalization have increased in price, but the growth mostly did not exceed 3%. The most noticeable jumps were among small assets and meme coins: BEAT +72%, NIGHT +24%, MYX +11%, M +6%. Among the losses are CC −17%, AAVE −9%, ICP −5%.
The Fear and Greed Index is at around 25 out of 100 — the "extreme fear" zone, indicating a tendency for participants to panic sell. Last week, there were notable outflows from ETFs: inflows into Bitcoin ETFs in the USA for the week ending December 21 amounted to nearly $500 million; Ethereum-based ETFs brought in about $650 million, close to records of $800 million.
The Central Bank commented on the connection between Bitcoin mining and the strengthening of the ruble; the head of Tether named the main threat to Bitcoin in 2026. RBC Crypto does not provide investment advice, the material is published solely for informational purposes.
When the fall is a team effort: Bitcoin and Ethereum in synchronous decline 😎
Bitcoin risks experiencing the most painful year-end finish in the last 7 years. 📉 Q4: −22.7% 💸 Currently ~$88k, whereas in October it was vibrant — $126k. A decline of almost 30%, as if there was no euphoria.
For the quarter to suddenly become 'successful', BTC needs to remember its youth and reach $114k 🚀 For a positive year-end — more modest, just $94k. A small amount, right? 😌
Ethereum is not lagging behind and is also participating in the marathon of disappointments: 📉 Q4: −28.6% — worse only in 2019 💰 Currently ~$2.99k, while in August we dreamed of $5k (−40%, it happens…)
To close 2025 without tears — ETH needs a comeback above $3.33k 🧗♂️
The most ironic thing is that all year BTC and ETH were going their separate ways.
But in Q4 suddenly something went wrong🤐 It resulted in the fall of both🤝📉
The year-end promises to be… interesting. Or, as the market says, volatility is coming 🍿😎 Let's see what song of the year will be👀🤔
🤖💧 AI turned out to be more voracious than miners. And thirstier than people
While bitcoin miners have been blamed for all the sins of the energy systems for years ⚡ a surprise came……
😮 AI has already surpassed BTC mining in energy consumption in 2024 🚰 and "drinks" more water than all of humanity — bottled
The figures are modest, almost imperceptible: — up to 23 GW of electricity — up to 764 billion liters of water per year — CO₂ emissions like that of an entire country (hello, Singapore 🇸🇬)
But there's a catch 😌 BigTech does not disclose its real figures, they may be significantly underestimated.
The reaction of the authorities: 👀 senators are puffing their cheeks… ✉️ demanding explanations ⛔ proposing to slow down the construction of data centers 🚀 and Trump compares AI to the Manhattan Project (well, him in his element 😏)
Irony of the moment: 🟠 mining — "evil" 🤖 AI — "progress" ⚡💧 consumption — plus-minus the same, and sometimes even worse
📌In the end, everyone pays for the digital future. Just now not with graphics cards, but with neural networks ⚠️Everything is too enchanted🫣 Some kind of nonsense 👒 is happening 🙄
🎁 "Max" received $140 billion. Is he living large or just shifting money around?
The Delaware Supreme Court gave Elon Musk the green light on his legendary compensation package from Tesla 🚗⚡ The package was approved back in 2018 — at that time it was worth $56 billion. Today, thanks to the rise in TSLA shares, it's already $140 billion 💰
Sounds like a feast during a plague? Not quite.
🤔 The nuance is that this is not bags of cash, but shares. In fact: — Tesla shares from one pocket of Musk — shifted to another pocket of Musk — the company didn't lose any money
Yes, it looks lavish. Very lavish 🐳 But if Tesla is growing — Musk is getting richer along with the shareholders.
The cherry on top 🍒 In November, shareholders approved a new plan for $1 trillion over the next 10 years. If he meets the targets — he will again "shift" a couple of pockets.
The model is simple: 📈 shares go up — Musk "lives large" 📉 they go down — no bonuses
Cryptocurrency enthusiasts have pulled out dusty charts and are drawing parallels with past BTC cycles 📊 Fractals, arrows pointing down, maximum confidence — "A pullback to $35,000 is inevitable" 🐻
The arguments are timeless and proven: — it happened in 2018 — it also happened in 2022 — so it must happen now
About ETFs, funds, and the changed market? 🤫 Don't interrupt, there's the magic of fractals here.
The scenario is, of course, fantastic: 📉 drop to $35k 🛒 buy quietly 🚀 and then take off to $250k without much fuss
The plan is perfect. Only one thing remains — for Bitcoin to read Twitter and strictly follow it 😌📈
💱 The ruble is strengthening. The suspect is Bitcoin
The Central Bank of Russia suddenly discovered: Bitcoin mining may influence the strengthening of the ruble. But there is a nuance — it cannot be calculated because half of the industry lives "somewhere near the law".
👩💼 Elvira Nabiullina immediately absolved responsibility: — it is not mining that pushes the ruble up; — miners did not appear just yesterday; — but they do shake up the currency market.
So there is an influence, but no evidence. Classic.
⚙️ How to mine officially now From November 1, 2024: • 🏢 Individual entrepreneurs and legal entities — welcome to the FNS registry • 👤 Individuals — can mine without registration, but no more than 6000 kWh, beyond that you're almost an industrialist
📋 Everyone is required to report: • miners; • infrastructure operators; • data centers, hosting services, and anyone who "just provides a socket".
🌍 Russia — a crypto superpower (suddenly) According to the Association of Industrial Mining: • Russia — 2nd place in the world for mining; • summer — more than 16% of the world hash rate; • legalized the industry... a year ago.
And only now they are starting to realize that it influences the economy.
🏴☠️ Who is the leader in cryptocurrency theft today? Spoiler: no surprises
Chainalysis has released its annual report — and the numbers are such that you want to double check the calculator.
💥 Damage to the crypto industry in 2025 — $3.4 billion+ Almost 70% of all losses came from just three major hacks. The absolute record holder — the Bybit hack for $1.5 billion already in the second month of the year.
🥇 The undisputed leader — groups associated with North Korea — Stolen: $2.02 billion — Year-over-year growth: +51% — Historical maximum for the entire observation period
In fact, every second stolen dollar in crypto is their work.
🧠 How they steal most often — Centralized services, bridges, and mixers — In Q1 2025, they accounted for 88% of all losses — Social engineering and insiders are still at the top
👛 Personal wallets are under attack — 158 000 compromises — Losses: $713 million — Victims: more than 80 000 users
⚙️ DeFi is holding up better Protocols have started to respond faster. Example: Venus Protocol — the attack was stopped in 20 minutes. Losses are minimal
📌 The conclusion is simple: If we talk about the "branch of supremacy" in cryptocurrency theft — it has long and confidently been secured by North Korea.
🐳 1.6% of the richest • Assets from $1 million • 48.1% of all money — $226.5 trillion 📌 That is, every second dollar in the world is with them 😎
🦈 16.4% "not poor, but not yet rich" • $100k–$1 million • Control 39.2% of capital — $184.5 trillion 💭 Almost all money is already with them, but there’s still a chance to catch up 🏃♂️
🐠 41.3% "middle class" • $10k–$100k • Share — 12.1% ($56.8 trillion) 🤷♂️ Still tolerable, but no chances for a billion
🐟 40.7% "poor" • Less than $10k • Only 0.6% of global wealth — $2.7 trillion 😂 Leftovers from the master's table
📌 Almost half of all money is in the hands of 1.6% of people, while the rest get crumbs. Is the world fair? Well… almost 😏
12 years ago, Mike Saylor was against Bitcoin 😅 And now the balance of Strategy is already 671 268 BTC 😲 And he is confident that in 10 years Bitcoin will surpass gold with a capitalization of $30 trillion 💰
…Something clicks in the head and the guy says completely different things🫡
It's interesting what influenced such a reversal🙄 or here the mechanism of timely taking off old slippers and putting on new ones kicks in🤫
💭 When everyone complains about Trump, Binance was able to turn chaos into stability
The year 2025 was not easy for the crypto market. The total capitalization decreased by about 10% to $2.88 trillion, Bitcoin was falling and Ethereum was also falling, everything was going down 📉 Many complained about political risks and uncertainty in the USA — but the Binance team used the situation to their advantage.
🔧 What Binance did: • Developed BNB Chain, increasing network activity and the number of transactions ⚡ • Launched the stablecoin USD1 💵 • Entered into a partnership with World Liberty Financial 🤝
The result was impressive: • BNB rose by about 20% since the beginning of the year 🚀 • The price reached $1,350 by autumn, while the overall market leaders were losing positions • BNB Chain became one of the leading networks in terms of activity and transactions, alongside Solana 🔗
📰 Trust in BNB has strengthened further Later, the market received positive news: investigations in the USA were completed, and CZ was pardoned by the president 👑 These events provided confidence to investors and solidified BNB's reputation as a reliable asset.
When many criticize the Trump administration, BNB demonstrates stability and strength.
STRK flies into the abyss: −98% from the high and no chances? 💀
So, when it was bought, who thought it would be like this… Yesterday, the STRK token fell below $0.08 From the high — -98% 📉
What went wrong? 🫣
🔴 1. Unlocks are choking the price Every month until March 2027 ⏰ On the 15th 📦 +127 million STRK (~$11 million) is hitting the market
➕ constant giveaways through incentives 👉 supply is increasing → price is falling
🔴 2. The token is not wanted to be held Network income — only $9,350 a day 💸
For comparison: • Arbitrum — 100x more • Base — 200x more
STRK = gas ⛽ Bought → spent → forgot Holding makes no sense 🤷♂️
🔴 3. Activity = token sales Fees are paid in STRK, but the network automatically sells them for ETH 🔄
📈 More activity → more sales Absurd? Yes. But that's how it works.
🔴 4. Loss of trust ⚠️ Planned to throw out 1.3 billion tokens ⚠️ Scandalous airdrop ⚠️ Active users were let down ⚠️ Updates crashed the network ⚠️ Token since 2022, launch only in 2024
A lingering sour note remains 🤔
📊 Dry mathematics: • Every month: +$11 million STRK • Network income for the year: ~$3.4 million
❌ Demand is not keeping up 📉 Price is falling on schedule
❓ Will there be growth? ✳️ Only if activity rises sharply (not visible yet) ✳️ Or after March 2027 (very long) ❌ Or never
🤔 What is Trump up to again? Or is the little one just being naughty?
Trump Media (the one with Truth Social) is suddenly diving into nuclear energy ⚡️ The company announced a merger with TAE Technologies — a deal worth $6 billion.
Facts: • Trump is entering the nuclear (thermonuclear!) business • They promise to begin construction of the world's first municipal thermonuclear power plant as early as 2026 • TAE is a project with support from Google and long-standing ties with the U.S. Department of Energy • Against the backdrop of the AI and data center boom, energy is becoming the new "oil"
In essence: 📱 There was a social network 💰 Then crypto 🏢 Real estate 📡 Mobile communication ⚛️ Now — thermonuclear
Coincidence? I don't think so. Either Donald is preparing for the energy future of AI, or the Trump family has decided to dive into everything at once and forever 😏
⚠️ The question remains: is this a personal move by Trump… or another business experiment by the “young ones”? 👀
Former head of Alameda Research and ex-employee of FTX Caroline Ellison has quietly 🚶♀️ been transferred from a federal prison in the USA to an open-type facility. Without noise, without statements, without unnecessary questions 🤫
📅 Formally, the release date remains the same — February 20, 2026, but in fact, the term has already been reduced by almost 9 months. After that, a 🏠 home regime or 🧘♀️ rehabilitation center is possible.
💸 Let’s remember, Ellison received 2 years for participating in a scheme worth $11 billion, related to the collapse of FTX and Alameda. 🗣 In court, she actively cooperated with the investigation and detailed how together with Sam Bankman-Fried they "moved" billions of clients.
📉 The outcome is obvious: ✔️ whoever speaks first and a lot — gets out earlier ❌ market genius — stays to serve time
🤷♀️ Not guilty. Just gave testimony 😏 🎯 Well, what can I say, just a beauty
😬 Bitcoin sharply fell — the market caught a wave of liquidations
📉 From December 15 to 16, BTC dropped from $90,000 to nearly $85,000 💥 Result — liquidations of $658.9 million in just one day
🔻 The main blow fell on long positions: — Longs: $583.15 million — Shorts: $75.74 million — 190,536 traders were affected
🔥 On assets: 🟠 Bitcoin — $186.07 million 🔵 Ethereum — $234.94 million
🏦 Top exchanges by liquidations: 🥇 Binance — $179.34 million 🥈 Bybit — $159.29 million 🥉 Hyperliquid — ~$153.88 million 💣 Largest single liquidation — $11.58 million on Binance
📉 Market pressure increased after the Fed's decision 🏦 On December 10, the rate was reduced by 0.25% → 3.5–3.75%, but the market reacted negatively
😱 Fear and greed index — 22 ➡️ Pure fear, down 5 points in a day
📊 BTC dominance — 59.24% 💰 Price at the time of publication — $86,368
🧠 Reminder for market zoomers: In October, BTC was above $125,000, and then the market experienced record liquidations of $19 billion
In the last 24 hours, SOL dived sharply by -3.4% to $126.46, surpassing the entire market in its decline. While crypto is down by -2.7%, Solana decided: "I want to go deeper" 🤿
What happened? A classic combo set 👇
💼 ETFs said: we are cashing out 🤐 $34 million flowed out of the Solana ETF in one day. Institutions entered for 21 days — on the 22nd day, they exited beautifully 🏃♂️💰 SOL now feels every move of the ETF, as nearly $915 million in AUM is already a significant anchor.
📊 The technicals are uninspiring $140 wasn't broken — Fibonacci turned out to be stronger than traders' nerves 🧱 The price is below the 50-day moving average, RSI is lazily looking down
😱 The market is in "scary" mode The fear and greed index is at 24. Bitcoin dominates, altcoins suffer, shorts are multiplying like mushrooms 🍄 The correlation with BTC is high — if Bitcoin sneezes, SOL goes for the tissues.
🔮 What’s next? — A rebound is possible (oversold conditions suggest) — But without fresh money in the ETF or news at the level of Firedancer — this will not be growth, but a "jumped and back down"
📍 Key levels: • support: $122 — are we holding? 🤞 • above $130.66 — we can breathe easy • below — let's prepare memes 😅
The conclusion is simple: SOL is not dead, but is clearly in a pause and contemplation mode. The market is scared…
A noticeable drop in the total hash rate has been recorded in the BTC network 📉 It is estimated that about 400,000 mining rigs have gone offline almost simultaneously 😮⚙️
What happened? Industry sources link this to the sudden shutdown of several mining farms in Xinjiang (China) 🇨🇳 There are no official confirmations yet, but the scale looks impressive 👀
⏳ Yes, the network is temporarily slowing down 🧠 But there is definitely no need to panic
Bitcoin is designed to balance itself: the difficulty will be recalculated ⚖️, and the hash rate will be redistributed among other regions 🌍
The takeaway is simple 👇 🔹 the network is resilient 💪 🔹 miners will adapt 🔧 🔹 BTC continues to operate like clockwork ⛓️🚀
🇺🇦 Ukraine — a world leader in the use of stablecoins 💙💛
According to World Crypto Rankings 2025 by DL Research and Bybit, Ukraine is number 1 in the world in terms of the ratio of stablecoin transaction volume to GDP 📊 and in their actual practical use 🔗💸
This is not hype or speculation 🚫📈 — this is transfers, savings, salaries, and cross-border payments 🌍
The reason is clear 🤷♂️ Crisis, war, banking system restrictions. When everything started to crumble in 2022, cryptocurrencies became a real financial lifeline 🛟
Ukraine ranks 13th in the overall ranking 🌎, ahead of the United Kingdom and Poland 🇬🇧🇵🇱 And in terms of stablecoins — absolute top 🥇, ahead of Nigeria and Georgia 🚀
Chainalysis confirms the trend 🔍 🥇 place in the world adjusted for population and 8th in the overall ranking.
And here’s the key point 👇 We already have real usage, infrastructure, and experience ⚙️ ⚠️ There’s just one thing left — the main thing is that the Rada doesn't break anything 🧯😬
Because crypto in Ukraine is already working — and often better than in 'developed' jurisdictions 💪 Sometimes the best law is the one that doesn’t interfere 🤫📜
Let the market breathe — the results are already visible 🌱🚀
Crypto in Kazakhstan: guess who is to blame? Correct — not the scammers.🤔
The legal agency Cartesius reported the completion of the case of the Spegals.
🇰🇿 How it all began
In 2022, brothers Sergey and Igor Spegal worked as regular cryptocurrency exchangers. They accidentally became a link in the 'triangle' scheme when Ukrainian fraudulent call centers used their services to deceive Kazakh pensioners.
When the scheme was uncovered, law enforcement decided to punish those 'at hand' rather than the real organizers.
💔 Family tragedy • Sergey could not withstand the pressure and threats against his brother — and took his own life. • Igor spent more than a year in a Kazakh pre-trial detention center and colony.
Now Igor has been given a fine instead of imprisonment, and he has left Kazakhstan.
🇰🇿 Features of Kazakh crypto regulation
To understand why this happened, it is important to know the context.
In Kazakhstan, crypto is extremely tightly controlled: ✔️ legal work is only possible within the Astana International Financial Centre (AIFC), ❌ anything outside this zone is automatically considered illegal entrepreneurship.
Even if a person is just exchanging USDT for tenge without a license — it is a criminal offense 🤔
🚀 YouTube launches payments in the stablecoin PYUSD — a quiet but huge step towards crypto
YouTube has allowed creators in the USA to earn income directly in PYUSD — the PayPal-backed stablecoin pegged 1:1 to the dollar. Income from ads, subscriptions, and Super Chat can now be withdrawn in crypto dollars directly through PayPal.
🔥 What this means for creators • ⚡ Almost instant payments • 💸 No bank delays or extra fees • 🔄 Ability to hold, spend, or convert to USD • 💼 Access to DeFi and yield opportunities if needed to grow
📈 Why this is important
PYUSD is already being used by banks, merchants, and within PayPal/Venmo. Now — YouTube has joined in. This is the first real step by a major tech platform towards mass crypto payouts.
🧩 Context
Regulators in the USA are easing rules for banks working with crypto, and PayPal is actively promoting its stablecoin. YouTube has simply become the first major platform to incorporate this into its toolkit.
🎯In fact: this marks the beginning of an era where creators can earn directly in digital dollars — without banks, delays, or unnecessary bureaucracy.