Crypto

Your day-ahead look for Dec. 19, 2025

PI might be gearing up for a pump, while ADA and ETH seem to be at a crossroads.

The crypto market is up today. BTC is up 1.4% to $87,906, and ETH rose 4.1% to $2,953. “Sellers remain firmly in control, and Bitcoin is still trading within a broader downtrend.” The post Why Is Crypto Up Today? – December 19, 2025 appeared first on Cryptonews.

Senate chairs scheduled a January markup for the bill despite Democratic warnings that regulatory independence concerns could derail passage.

The administrator winding down what remains of Terraform is suing Jump Trading, accusing it of contributing to its demise while profiting illegally.

Oracle shares jumped 6% in pre-market on Friday as TikTok's U.S. agreement helped calm AI bubble fears after a volatile macro week.

BTC currently hovers around $88,000, but what's next?

BTC rose to $88,000 after the Bank of Japan raised interest rates. The increase, seen as a potential risk-off trigger, failed to spark a flight into the yen.

Fidelity’s director of macro is predicting a Bitcoin bottom near $65,000 in 2026, but remains a “secular bull” despite predicting an end to the current four-year cycle. Bitcoin may have ended its historical four-year cycle, signaling an incoming year of downside, despite widespread analyst expectations for an extended cycle driven by regulatory tailwinds. Bitcoin’s (BTC) $125,000 all-time high on Oct. 6 may have signaled the top of the current four-year Bitcoin halving cycle, both in terms of “price and time,” according to Jurrien Timmer, the director of global macroeconomic research at asset management firm Fidelity. “While I remain a secular bull on Bitcoin, my concern is that Bitcoin may well have ended another 4-year cycle halving phase,” wrote Timmer in a Thursday X post. “Bitcoin winters have lasted about a year, so my sense is that 2026 could be a “year off” (or “off year”) for Bitcoin. Support is at $65-75k.” Read more

Terraform Labs is suing Jump Trading for $4B over alleged market manipulation and hidden deals tied to Terra’s downfall.

Contrary to popular belief, quantum computers will not “crack” Bitcoin encryption; instead, any realistic threat would focus on exploiting digital signatures tied to exposed public keys. Quantum computers cannot decrypt Bitcoin because it stores no encrypted secrets on-chain. Ownership is enforced by digital signatures and hash-based commitments, not ciphertext. The quantum risk that matters is […] The post Bitcoin encryption isn’t at risk from quantum computers for one simple reason: it doesn’t actually exist appeared first on CryptoSlate.

The deal is less about chasing returns and more about access to familiar market structures, regulated intermediaries and predictable settlement.

Liquidations surged amid volatility from derivatives profit-taking and a shifting macro backdrop from the Bank of Japan’s rate hike.

Terraform Labs sued Jump Trading and senior executives for $4 billion, alleging the firm manipulated Terra’s ecosystem and unlawfully profited from the crash, the WSJ reported. The administrator of Terraform Labs’ bankruptcy, Todd Snyder, has filed a lawsuit seeking $4 billion in damages from trading company Jump Trading and multiple executives. According to a Friday Wall Street Journal report, the lawsuit alleges that Jump Trading unlawfully profited from and contributed to the 2022 crash of Terra. Alongside the company, the suit is also aimed at its co-founder, William DiSomma, and the former president of the crypto trading department, Kanav Kariya. Terraform Labs and the Terra blockchain ecosystem collapsed in 2022 when its native algorithmic stablecoin, TerraUSD (UST), lost its peg to the US dollar. The stablecoin was backed by a Terra inflationary mechanism, and when the peg was lost, the LUNA token saw an issuance and sell-off shock. The crash led to about $50 billion in losses. Read more

Bybit is relaunching in the UK with a stripped‑back spot and P2P platform, reopening a market it exited after the Financial Conduct Authority’s (FCA) 2023 crackdown. Bybit says it is returning to the United Kingdom after a two‑year pause with a new UK platform offering spot trading on 100 pairs and a peer‑to‑peer venue. The Dubai‑based exchange shut off local UK customers in late 2023 when the Financial Conduct Authority’s (FCA) tougher financial promotion rules kicked in.  According to a press release shared with Cointelegraph, the service is being rolled out under a promotions arrangement approved by Archax, an FCA‑authorized firm, rather than via Bybit’s own registration or authorization in the UK. Read more

The crypto exchange is taking legal action against Connecticut, Michigan and Illinois, Chief Legal Officer Paul Grewal wrote on X.

New research models how crosschain price gaps and capital friction are eroding efficiency as tokenized markets scale across blockchains. Fragmentation across blockchain networks is already imposing a measurable economic cost on the tokenized asset market, with inefficiencies translating into up to $1.3 billion in annual value drag.  In a report sent to Cointelegraph, real-world asset (RWA) data provider RWA.io argued that while blockchains accelerated innovation, they also created walls that trap liquidity and prevent capital from moving freely across networks.  As a result, tokenized RWAs have increasingly behaved like disconnected markets rather than a single, unified financial system. The research found that identical or economically equivalent assets routinely trade at different prices across chains, while moving capital between networks remained costly and complex.  Read more

Metaplanet will debut US trading via American Depositary Receipts, aiming to broaden access for US investors without raising new capital. Metaplanet, a Japanese Bitcoin treasury company, is set to begin trading in the United States on the OTC market via American Depositary Receipts (ADRs). Trading in Metaplanet’s ADRs is expected to start on Friday, with its shares listed in US dollars on the over-the-counter (OTC) market under the ticker symbol MPJPY, according to an announcement. “This directly reflects feedback from US retail and institutional investors seeking easier access to our equity,” Metaplanet CEO Simon Gerovich said in an X post on Friday, adding that the launch marks another step to broader global access to the company. Read more

XRP is below a crucial support following a 13% monthly decline.

Coinbase sued regulators in Connecticut, Illinois and Michigan, arguing CFTC-regulated prediction markets should fall under federal commodities law, not state gambling rules. Coinbase is taking three US states to court in a bid to lock in federal protection for its planned prediction markets, opening a new front in the battle over whether event contracts are finance or gambling. The exchange has sued regulators in Connecticut, Illinois, and Michigan, asking federal judges to declare that prediction markets listed on a US Commodity Futures Trading Commission (CFTC)-regulated platform fall under the Commodity Exchange Act (CEA) and the CFTC’s claimed exclusive jurisdiction, not 50 separate state gambling codes. In a Friday X post, chief legal officer Paul Grewal said Coinbase filed the cases “to confirm what is clear: prediction markets fall squarely under the jurisdiction of the @CFTC, not any individual state gaming regulator (let alone 50).” Read more