Business

December, 2025

• 29 December

  Crypto and Tech Billionaires Warn of California Exodus Over Proposed 5% Unrealized Gains Tax

  

  A proposed California ballot initiative, known as the **2026 Billionaire Tax Act**, would impose a one-time 5% tax on the net worth of individuals with over $1 billion in global assets, including unrealized gains on stocks, private equity, cryptocurrencies, and other holdings. The measure, if it qualifies for the November 2026 ballot and passes, targets wealth as of January 1, …
• 26 December

  Bitcoin Holds $89K as Fear Index Drops to 27 – $94,600 Next Target?

  

  Bitcoin (BTC) held steady around **$88,700–$89,200** on December 26, 2025, posting modest 1–2% gains in thin post-holiday trading, as the market navigated the expiry of a record **$23–27 billion** in options—the largest on record. The Crypto Fear & Greed Index lingered in “Extreme Fear” territory at **23–29**, reflecting persistent caution after Bitcoin’s ~30% drawdown from its October all-time high near …
• 26 December

  Uniswap Governance Greenlights UNIfication Proposal in Near-Unanimous Vote

  

  Uniswap’s decentralized governance community overwhelmingly approved the **UNIfication proposal** on December 25, 2025, marking a transformative shift for the world’s largest decentralized exchange. The vote concluded with **125,342,017 UNI in favor** and just **742 against**, achieving 99.999% support and far exceeding the 40 million UNI quorum. Proposed jointly by Uniswap Labs and the Uniswap Foundation, UNIfication activates the long-awaited **protocol …
• 26 December

  Russia and US Discuss Bitcoin Mining at Zaporizhzhia Nuclear Plant, Ukraine Sidelined

  

  Russian President Vladimir Putin stated on December 24, 2025, that Russia and the United States are discussing joint management of the occupied Zaporizhzhia Nuclear Power Plant (ZNPP)—Europe’s largest nuclear facility—**excluding Ukraine**. He claimed U.S. representatives expressed interest in using the plant’s excess electricity for cryptocurrency mining, particularly Bitcoin. Speaking at a meeting with Russian business leaders, Putin said the talks …
• 26 December

  Samourai Wallet Co-Founder Shares First Day Behind Bars in Emotional Letter

  

  Keonne Rodriguez, co-founder and former CEO of the privacy-focused Bitcoin wallet Samourai Wallet, published a heartfelt letter on December 24, 2025—Christmas Eve—detailing his early experiences inside a U.S. federal prison camp, where he is serving a five-year sentence. In the letter, shared via privacy advocacy site The Rage, Rodriguez recounted surrendering himself on December 19, 2025, and navigating the intake …
• 26 December

  Former Alameda CEO Caroline Ellison Set for Release in January 2026

  

  Caroline Ellison, the former CEO of Alameda Research and a central figure in the FTX collapse, is set to be released from federal custody on **January 21, 2026**, according to updated Federal Bureau of Prisons records as of late December 2025. Ellison, 31, was sentenced to two years in prison in September 2024 after pleading guilty to fraud and conspiracy …
• 26 December

  Crypto Markets Jump Today: What’s Driving the December 26 Rally?

  

  Cryptocurrency markets posted modest gains on December 26, 2025, with Bitcoin climbing around 1-2% to trade near **$88,700–$89,200**, extending a cautious rebound from recent consolidation in the $85,000–$90,000 range. The day’s upside coincided with the expiry of a record **$23–27 billion** in Bitcoin options—the largest on record—concentrated between $85,000 and $90,000 strikes. Analysts noted that pre-expiry dealer hedging had pinned …
• 26 December

  China’s DeepSeek AI Forecasts XRP, Solana and Cardano Prices for 2026

  

  Chinese AI model DeepSeek, a prominent open-source rival to ChatGPT, has released updated price projections for major altcoins XRP, Solana (SOL), and Cardano (ADA) heading into 2026, amid expectations of continued institutional adoption and regulatory progress. According to the latest analysis published on December 25, 2025, DeepSeek’s bullish scenario targets **XRP at $4.50 to $6.00** by the end of 2026. …
• 26 December

  Asia Markets Open: Bitcoin Holds $89K as Thin Trade Lifts Stocks, Silver Outshines

  

  Asian equity markets advanced cautiously on December 26, 2025, amid holiday-thinned trading volumes following Boxing Day closures in several regions. With markets in Australia, Hong Kong, and much of Europe shut, liquidity remained low, but open exchanges posted modest gains driven by year-end optimism and bargain hunting. Japan’s Nikkei 225 climbed 0.68% to close at 50,750.39, buoyed by tech stocks …
• 26 December

  Trust Wallet Browser Extension Hack Drains Over $6M From Users

  

  A major security incident struck Trust Wallet’s Chrome browser extension on December 25, 2025, resulting in hackers draining more than $7 million from hundreds of user wallets across multiple blockchains, including Ethereum, Bitcoin, and Solana. The breach was first flagged by on-chain investigator ZachXBT, who alerted the community after receiving reports of sudden, unauthorized fund transfers. Many victims noted drains …