Asian markets traded mixed in thin holiday volume on December 24, 2025, with several exchanges set for early closes ahead of Christmas. Investors digested stronger-than-expected US third-quarter GDP data, released a day earlier, showing 4.3% annualized growth—the fastest pace in two years—bolstering optimism around corporate earnings while reinforcing expectations of limited Federal Reserve rate cuts. Major indices showed subdued moves: …
Business
December, 2025
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24 December
BlackRock Hires for the Next Phase of Its Crypto Expansion
Asset management giant BlackRock is expanding its digital assets team with multiple new job openings across the U.S., Europe, and Asia, underscoring its commitment to scaling crypto and blockchain initiatives amid rising institutional demand. In mid-December 2025, BlackRock posted several leadership and specialist positions focused on digital assets, including roles in product strategy, research, compliance, fund services, and regional execution. …
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24 December
Galaxy Research: Bitcoin’s $100K Milestone Still Elusive After Inflation Adjustment
Bitcoin reached a nominal all-time high above $126,000 in October 2025, but when adjusted for inflation, it fell short of the symbolic $100,000 milestone, according to Galaxy Research. Alex Thorn, head of research at Galaxy Digital, highlighted in a December 22, 2025 analysis that Bitcoin’s peak equates to just $99,848 when recalculated in 2020 dollars. This adjustment uses U.S. Consumer …
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24 December
Wintermute Warns: Altcoin Season Is Over as Bitcoin Dominance Surges
Crypto market maker Wintermute has issued a cautionary update, stating that a broad altcoin season appears unlikely in the near term as Bitcoin dominance continues to rise, reflecting a shift toward major assets amid year-end consolidation. Wintermute’s latest market analysis, shared on December 24, 2025, highlights Bitcoin dominance pushing higher, reinforcing a trend dominant in the second half of the …
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23 December
Asia Market Open: Bitcoin Stalls at $88K as Asian Stocks Track Wall Street Rally
Asian markets traded mixed on Tuesday, December 23, 2025, following Wall Street’s broad gains in the prior session, while Bitcoin hovered near $88,000 amid ongoing consolidation and year-end caution. Wall Street closed higher on Monday, December 22, with major indices posting their third straight advance. Tech shares led the rebound, supported by strong corporate earnings and optimism in growth sectors …
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23 December
Peter Thiel-Backed Bank Erebor Raises $350M at $4.35B Valuation
Erebor Bank, a digital banking startup backed by Peter Thiel’s Founders Fund and co-founded by Anduril CEO Palmer Luckey and Joe Lonsdale, has raised $350 million in a funding round led by Lux Capital, achieving a post-money valuation of $4.35 billion as of December 22, 2025. The round, which more than doubles the company’s prior ~$2 billion valuation, includes participation …
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23 December
Tom Lee’s BitMine Bets Big on Ether With $88M Boost as ETH Nears Cycle Lows
BitMine Immersion Technologies (NYSE: BMNR), the Ethereum-focused treasury firm chaired by Fundstrat co-founder Tom Lee, accumulated approximately **$88 million** worth of Ether on December 22, 2025, according to on-chain trackers. The purchase involved ~29,462 ETH transferred from BitGo and Kraken, as ETH traded near **$2,978**—close to recent cycle lows. This latest buy extends BitMine’s aggressive accumulation, following a weekly disclosure …
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23 December
Matador Wins Ontario Approval to Raise $58M for Fresh Bitcoin Purchases
Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a publicly traded Bitcoin ecosystem company, announced on December 22, 2025, that it has received final approval from the Ontario Securities Commission for a CAD $80 million (~$58 million USD) base shelf prospectus. This allows the firm to issue common shares, warrants, debt securities, or units over a 25-month period, providing flexible capital …
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23 December
BlackRock Puts Spot Bitcoin ETF at the Center of Its 2025 Investment Themes
BlackRock, the world’s largest asset manager, has named its iShares Bitcoin Trust (IBIT) spot Bitcoin ETF one of its three primary investment themes for 2025, placing it alongside short-term Treasury bills and Magnificent Seven mega-cap tech stocks. This prominent positioning, highlighted on the firm’s iShares homepage as of December 22, 2025, underscores growing institutional conviction in Bitcoin despite a challenging …
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23 December
IMF–El Salvador Talks Continue Over Bitcoin Project and Chivo Wallet Sale
Negotiations between the International Monetary Fund (IMF) and El Salvador have progressed significantly, with discussions on the country’s Bitcoin project and the potential sale or wind-down of the state-run Chivo e-wallet described as “well advanced” as of December 22-23, 2025. The update follows the second review of El Salvador’s 40-month Extended Fund Facility (EFF) program, a $1.4 billion arrangement approved …
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