Latest News

December, 2025

• 22 December

  US Lawmakers Push IRS to Revisit Crypto Staking Tax Rules Before 2026

  

  A bipartisan group of 18 US House lawmakers, led by Rep. Mike Carey (R-OH), sent a letter on December 19, 2025, to IRS acting commissioner Scott Bessent urging a review of current staking rewards taxation. They argue the 2023 IRS guidance—treating rewards as taxable income upon receipt—creates “double taxation” (income tax at receipt, capital gains at sale) and burdensome compliance, …
• 22 December

  Vitalik Buterin: Prediction Markets Outperform Social Media in Finding Truth

  

  Ethereum co-founder **Vitalik Buterin** argued on December 20-21, 2025, in a series of posts on the decentralized platform Farcaster that **prediction markets** offer stronger incentives for truth-seeking than social media or traditional media. He positioned them as an “antidote” to exaggerated or unaccountable claims on emotionally charged topics. Buterin contrasted prediction markets—where financial stakes penalize inaccurate bets—with social media, where …
• 22 December

  Asia Market Open: Bitcoin Holds $88K, Asian Stocks Rise as Risk Appetite Returns

  

  Asian markets opened higher on December 22, 2025, reflecting renewed risk appetite following Wall Street’s tech-driven gains and hopes for a year-end rally. Major indices advanced, with South Korea’s Kospi up ~1.8%, Japan’s Nikkei and Hong Kong’s Hang Seng gaining, and India’s Sensex climbing ~0.6% to around 85,400 amid foreign inflows. Bitcoin traded steadily around **$88,500-$89,000**, showing resilience after dipping …
• 22 December

  Billionaire Ray Dalio Says Bitcoin Unlikely to Become Central Bank Reserve

  

  Billionaire investor **Ray Dalio**, founder of Bridgewater Associates, reiterated in a December 20, 2025, podcast interview with Nikhil Kamath that Bitcoin, despite its limited supply and perception as a store of wealth, is unlikely to be held significantly by central banks. Dalio acknowledged Bitcoin as “a form of money” but highlighted key barriers: – **Transparency and traceability** — Public blockchain …
• 22 December

  Northern Data Offloads Peak Mining to Tether-Linked Firms in $200M Deal

  

  German AI and data center firm **Northern Data AG**, majority-owned by stablecoin issuer Tether, sold its Bitcoin mining subsidiary **Peak Mining** in November 2025 for up to $200 million. U.S. and Canadian filings revealed buyers as companies controlled by Tether co-founder Giancarlo Devasini and CEO Paolo Ardoino: Highland Group Mining Inc., Appalachian Energy LLC, and 2750418 Alberta ULC. Northern Data …
• 21 December

  Bitcoin May Not Have Hit Bottom Yet Despite Low Social Media Fear, Says Analyst

  

  Bitcoin (BTC) may face further downside despite broader market indicators showing “Extreme Fear,” as social media sentiment lacks the deep pessimism typically marking true bottoms, warns Santiment founder Maksim Balashevich. Trading around $88,350 after recent volatility, BTC risks sliding toward $75,000—a ~15% drop—if traders remain overly optimistic. Balashevich noted persistent bullish chatter online, with crowds expecting quick rebounds rather than …
• 21 December

  Hilbert Group Expands Crypto Footprint with $32M Enigma Nordic Deal

  

  Hilbert Group, a leading player in the cryptocurrency trading sector, has announced the acquisition of Enigma Nordic in a deal valued at $32 million. This strategic move aims to strengthen Hilbert’s presence in the European crypto market and expand its trading capabilities. About the Acquisition Enigma Nordic, known for its crypto trading solutions and market infrastructure, will now operate under …
• 21 December

  US House Draft Proposes Tax Safe Harbor for Select Stablecoin Transactions

  

  A bipartisan discussion draft circulated by House Ways and Means Committee members Rep. Max Miller (R-OH) and Rep. Steven Horsford (D-NV) introduces a targeted tax safe harbor for certain stablecoin transactions, aiming to reduce compliance burdens for everyday crypto payments. Released on December 20, the proposal—part of a broader Digital Asset PARITY Act framework—would exempt capital gains taxes on transactions …
• 21 December

  Bitcoin Price Alert: $88K Could Be the Calm Before a $94K Surge

  

  Bitcoin (BTC) consolidates around $88,000, with traders viewing this stability as potential buildup for a breakout toward $94,000, according to market analysts. Currently trading near $88,100–$88,200 (down slightly from recent highs above $90,000), BTC shows resilience despite broader crypto market caution and year-end profit-taking. This range-bound action follows a volatile 2025, where Bitcoin briefly touched highs near $126,000 earlier. Analysts …
• 21 December

  Ethereum Price Alert: Hayes Moves $3M as ETH Slows Against DeFi

  

  The Ethereum Foundation has announced a strategic pivot for zero-knowledge Ethereum Virtual Machines (zkEVMs), emphasizing cryptographic security over additional speed optimizations, with a roadmap culminating in 128-bit provable security by the end of 2026. Following breakthroughs in 2025—reducing block proving times from 16 minutes to 16 seconds and slashing costs dramatically—the Foundation declared real-time proving achieved. Now, attention turns to …