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David Schussler, a fund manager for VanEck's digital asset fund, suggested in a 2026 asset market outlook report that Bitcoin's growing decoupling from the Nasdaq 100 index could signal the start of a major rally. He noted that BTC has underperformed the index by approximately 50% this year. Schussler argued that if the trend of the "debasement trade"—hedging against the falling value of fiat currencies—continues, Bitcoin is highly likely to rebound strongly, as it has in the past. He added that increased government spending to address political challenges and cover future fiscal burdens will ultimately lead central banks to supply more liquidity, which will in turn drive capital into scarce assets like Bitcoin and gold.

Nasdaq-listed Cipher Mining (CIFR) has acquired Ulysses, a 200-megawatt mining site in Ohio, GlobeNewswire reported. The property includes 195 acres of land and power supply capacity secured from local utility AEP Ohio. This acquisition gives Cipher Mining a strategic foothold with direct access to PJM Interconnection LLC, the largest wholesale electricity market in the U.S. The company previously issued $1.1 billion in convertible notes as part of its strategy to build data centers and develop its high-performance computing capabilities.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Bitmine has received 31,750 ETH, valued at $93.5 million, from FalconX, according to Onchain Lens.

BitGo has launched an APT staking service for institutional clients, Crypto Briefing reported.

Bitmine purchased an additional 6,678 ETH from BitGo for $19.63 million, Onchain Lens reported.

Brett Harrison, the former president of FTX US, has raised $35 million to establish a perpetual futures exchange for traditional assets, The Block reported. The new startup, named Architect Financial Technologies (AX), aims to apply crypto market design principles to traditional financial assets such as stocks and foreign exchange.

According to CoinNess market monitoring, BTC has risen above $88,000. BTC is trading at $88,016.72 on the Binance USDT market.

The European Central Bank (ECB) has secured the support of the Council of the European Union for its digital euro project on the condition that holding limits are established, CoinDesk reported. While the Council backs the launch of a digital euro, it emphasized the need to cap the total amount individuals can hold across online accounts and digital wallets.

Fasanara Capital purchased 6,569 ETH over the past two days, deposited the assets into Morpho, and borrowed 13 million USDC, potentially to fund further ETH purchases, Lookonchain reported.

According to CoinNess market monitoring, BTC has fallen below $87,000. BTC is trading at $86,988.25 on the Binance USDT market.

The three major U.S. stock indexes opened mixed. The S&P 500 is up 0.02% and the Nasdaq Composite has gained 0.05%, while the Dow Jones Industrial Average is down 0.05%.

The Russian government is advancing legislation to allow general retail investors to invest in cryptocurrencies, Bloomberg reported. According to a statement from Russia's central bank, the policy would permit both qualified and non-qualified investors to purchase crypto assets under separate regulations. Non-qualified investors would need to pass a test to buy cryptocurrencies, with an annual transaction limit of 300,000 rubles. In contrast, qualified investors could purchase any coin without restriction, except for privacy coins. The proposed law also stipulates that Russian residents can buy crypto from overseas exchanges or transfer previously purchased assets to domestic platforms, provided they declare them to tax authorities. The government aims to finalize the legislation before July 2026.

Binance has announced the listing of LIT/USDT perpetual futures on its pre-market, scheduled for 3:00 p.m. UTC on Dec. 23. The contract will support up to 5x leverage.

Amplify ETFs, which has $16 billion in assets under management, has launched two new exchange-traded funds focused on stablecoins and tokenized assets, CoinDesk reported. The first ETF, trading under the ticker STBQ, concentrates on stablecoin technology, while the second, TKNQ, focuses on tokenization technology. The STBQ ETF holds 24 assets, with its largest allocations in XRP, SOL, ETH, and LINK. The TKNQ ETF holds a total of 53 assets.

The U.S. economy grew at an annualized rate of 4.3% in the third quarter, according to the Department of Commerce, surpassing market expectations of 3.3%. Today's release is the advance estimate for GDP growth, which is announced in three stages, followed by preliminary and final figures.

Cryptocurrency exchange Crypto.com is hiring a market maker for its in-house prediction market, Bloomberg reported. The exchange has posted a job opening for a quantitative trader to buy and sell financial contracts linked to the outcomes of sporting events. The practice of in-house market making is a controversial subject within the prediction market industry. Critics have argued that it creates a conflict of interest with customers and makes exchanges resemble traditional sports betting operators. Other platforms, such as Kalshi, operate their own market-making teams like Kalshi Trading, and Polymarket has a similar structure. In response, Crypto.com stated that it does not use its proprietary trading as a source of revenue and that its internal market makers do not have preferential access to information over other users.

Nasdaq-listed Upexi, a company strategically acquiring SOL, is pursuing a shelf registration to issue up to $1 billion in securities, CryptoBriefing reported. The proceeds are slated for various corporate purposes, including operations, research and development, and potential mergers and acquisitions.

The total market capitalization of altcoins, excluding Bitcoin (TOTAL2), is showing clear bearish signals after a sharp decline, according to an analysis by Cointelegraph. The index has fallen 32% to $1.19 trillion this month after reaching an all-time high of $1.77 trillion on Oct. 10. This drop has pushed TOTAL2 below key support levels, including its 50-week exponential moving average (EMA), while the SuperTrend indicator has also turned bearish. Cointelegraph noted that similar bearish turns in these indicators during the 2018 and 2022 bear markets were followed by further declines of 85.5% and 66%, respectively. In a related analysis, analyst Merlijn The Trader stated that the altcoin market cap is consolidating within a strong downtrend. The analyst noted that while the $1.15 trillion support level is currently holding, a break below it could send the market cap down to $830 billion. An "altcoin season" is unlikely until the TOTAL2 index breaks through the $1.68 trillion resistance level, the analyst added.

Cryptocurrency exchange OKX has seen its trading volume increase 53-fold this year following its expansion into the United States and Europe, according to a report from Cointelegraph. The number of daily active wallets has doubled over the past year, with an average of approximately 190,000 new wallets created each day. Additionally, global decentralized exchange (DEX) volume on the platform surged by 262%, while centralized exchange (CEX) volume grew by 16%. This expansion follows OKX securing a Markets in Crypto-Assets (MiCA) license in the European Union this past January and entering the U.S. market in April.

ZOOZ Strategy (ZOOZ), a Nasdaq-listed company that pivoted from electric vehicle charging infrastructure to Bitcoin investment, is at risk of being delisted, Cointelegraph reported. The company has failed to meet listing requirements as its share price has remained below $1. ZOOZ could face delisting procedures if its stock does not close at or above $1 for 10 consecutive trading days by June 15, 2026. The company is reportedly considering a reverse stock split to reduce outstanding shares and boost its per-share price to regain compliance. ZOOZ currently holds 1,036 BTC.

Crypto analyst Mignolet has diagnosed a clear slowdown in BTC buying pressure across market and on-chain data, noting that the trend resembles the latter stages of past bull markets. Mignolet stated that one of the key reasons for warning about downside risk since August was a divergence in the Binance futures market, where prices rose while buying volume consistently decreased. The analyst added that this pattern is very similar to the 2021 market cycle and shows no signs of improving. Concurrently, the number of active addresses has plummeted. Mignolet explained that this metric is linked to on-chain over-the-counter (OTC) activity, suggesting a general weakening of market participation and vitality. According to the analyst, while a significant reversal should have occurred at some point, what is actually being observed is a final distribution phase similar to the end of the 2021 bull run. This implies the market may have already passed its peak. Mignolet emphasized that the market will likely need some time to recover and noted that while it is too early to determine if the four-year cycle is broken, the question is not of immediate importance.

Cryptocurrency exchange NovaEx announced it has rebranded to WOO X Pro, a move completed on Dec. 16. The company stated that existing users' assets and accounts have been automatically transitioned to the new platform without any additional steps. WOO X Pro is positioning itself as a professional trading platform with a zero-slippage execution structure and enhanced futures and risk management functions. The exchange aims to create a comprehensive trading environment for both spot and derivatives traders based on high performance and stability.

Cryptocurrency market maker GSR Markets transferred 2,000 ETH, worth $5.93 million, to DBS Bank about an hour ago, according to The Data Nerd. This brings the firm's total transfers to the bank to 4,400 ETH, valued at $13.2 million, over the past two days.