Ethereum Struggles Below $3,000: $ETH is down significantly from its yearly highs, trading around $2,900–$3,000. Despite this, long-term predictions remain bullish for 2026 upgrades. #EarnFreeCrypto2024 #ETH🔥🔥🔥🔥🔥🔥
What is Cryptocurrency? Cryptocurrency is a digital currency that operates on blockchain technology. It isn't controlled by any bank or government. The most famous ones are Bitcoin ($BTC ), Ethereum ($ETH ), and various altcoins.
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Crypto Market Update: December 16, 2025 The cryptocurrency market is experiencing a sharp downturn today, continuing the volatile trend seen throughout December 2025. Risk-off sentiment, whale selling, and macroeconomic concerns (including potential Bank of Japan rate hikes) are driving losses across major assets. Key Prices (as of December 16, 2025): Bitcoin ($BTC ): ~$85,800 – $86,000 (down 4-5% in the last 24 hours, briefly dipping below $86K) Ethereum (ETH): ~$2,900 – $3,000 (down ~4%) Total market cap: Hovering around $3.2 trillion, with significant liquidations and altcoin weakness. The Crypto Fear & Greed Index is in "Extreme Fear" territory, reflecting widespread caution. Bitcoin whales have unloaded billions this month, adding sell pressure, while Layer 2 and DePIN tokens are leading the declines. Despite the pullback from October highs (~$126K for $BTC ), some analysts view this as a healthy correction or potential buying opportunity ahead of 2026, with institutional accumulation (e.g., Strategy adding BTC) still ongoing.
The U.S. Strategic Bitcoin Reserve was officially established on March 6, 2025, when President Donald Trump signed an executive order titled "Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile." Key details: It is primarily funded by seized/forfeited Bitcoin from criminal and civil cases (U.S. government holdings estimated at ~200,000 BTC, making it the world's largest known government holder). The government is prohibited from selling Bitcoin in the reserve – it's designed as a long-term "store of value" (often called "digital gold"). A separate U.S. Digital Asset Stockpile was created for other cryptocurrencies (e.g., Ether, $BTC , etc.). Future acquisitions must be budget-neutral (no new taxpayer costs), but no large-scale purchases have been announced yet. Regarding any specific "deadline": There is no active major deadline currently highlighted in recent news. Earlier deadlines (e.g., 30-day agency reporting in March 2025, or working group recommendations) have already passed. The BITCOIN Act of 2025 (introduced by Sen. Cynthia Lummis and others, proposing to purchase up to 1 million BTC over time) remains pending in Congress with no fixed deadline.