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U.S. spot Ethereum (ETH) ETFs recorded $9.63 million in net outflows on Dec. 29, marking the fourth consecutive day of net outflows, according to data compiled by Trader T. BlackRock's ETHA saw net outflows of $13.28 million, while Fidelity's FETH experienced net inflows of $3.65 million. No net flows were reported for the remaining ETFs.

U.S. Bitcoin spot ETFs experienced a net outflow of $19.31 million on Dec. 29, extending their withdrawal streak to a sixth consecutive trading day, according to data from Trader T. The outflows were primarily driven by Invesco's BTCO ($10.41 million), BlackRock's IBIT ($7.94 million), and Ark Invest's ARKB ($6.66 million). In contrast, Fidelity's FBTC was the only exception, attracting a net inflow of $5.70 million. All other ETFs reported zero net flows.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $82.12 million liquidated (68.46% longs) - ETH: $56.43 million liquidated (58.64% longs) - SOL: $10.37 million liquidated (93.35% longs)

According to CoinNess market monitoring, BTC has fallen below $87,000. BTC is trading at $86,986.83 on the Binance USDT market.

Kaizen, a custom prediction market protocol built on Mitosis (MITO), has launched its closed beta service. The protocol integrates the user experience of a prediction market with liquidity from decentralized perpetual futures exchanges (Perp DEXs). Users can instantly create predictions by inputting desired conditions such as asset, price, and duration. In response, professional market makers known as "Solvers" competitively provide probability quotes and automatically hedge positions on a Perp DEX. The platform also allows users to earn interest on USDC deposits through miUSDC while awaiting prediction outcomes. The beta test has been rolling out sequentially since mid-December, with initial features including user-defined prediction creation, the Solver competitive quoting system, and a settlement structure based on miUSDC.

An estimated 160 trillion won ($115.3 billion) is flowing out of South Korea's cryptocurrency market to overseas exchanges this year, with the corresponding fee revenue also moving offshore, according to a new report from Tiger Research. The Asian Web3 research and consulting firm stated that the core reason for the capital flight is an "asymmetry of investment opportunities," noting that overseas exchanges offer derivatives and pre-market trading that allow investors to capture early profits. The report warned that it is not just capital that is leaving. Based on the estimated outflow, Tiger Research calculated that Binance has likely earned around 2.73 trillion won ($1.97 billion) in fee revenue, followed by Bybit with 1.12 trillion won ($807 million), OKX with 580 billion won ($418 million), Bitget with 270 billion won ($194.5 million), and Huobi with 70 billion won ($50.4 million). The firm argued that simply blocking access to these exchanges is not a solution, as it could create a "balloon effect" that disperses funds into regulatory blind spots. Instead, it recommended an approach that allows for innovation within a manageable framework.

South Korean crypto exchange Bithumb has announced it will delist BOA at 6:00 a.m. UTC on Jan. 30, 2026. The exchange explained that the materials submitted by the BOA foundation were insufficient to resolve the issues that led to the token being placed on the delisting watchlist. Bithumb added that after a comprehensive review of the asset's trading and adoption status, it determined that BOA no longer meets the criteria for continued listing support.

Haseeb, a managing partner at Dragonfly, predicts that major tech companies are highly likely to launch their own cryptocurrency wallets next year, Cointelegraph reported. He also anticipates that Fortune 100 companies, particularly in the finance and fintech sectors, will build their own blockchains. Haseeb suggested these would likely be private chains connected to public blockchains, built on platforms such as Avalanche (AVAX) and Optimism (OP). He noted that firms like JPMorgan, Bank of America, Goldman Sachs, and IBM are already developing and testing their own chains. Haseeb added that it is highly probable one of the major tech firms, such as Google, Meta, or Apple, will either launch a crypto wallet or acquire a related company within the next year.

Brevis (BREV), a Zero-Knowledge (ZK) based verification computing platform, has announced the opening of its airdrop claim checker. The checker will remain open until 6:00 a.m. UTC on Jan. 3, during which community members must verify their eligibility and complete the necessary procedures. Participants can confirm their status using their wallet, X account, and Discord. Brevis stated that specific details on the airdrop allocation and claim schedule will be released at a later date. Eligibility was determined using a strong Sybil filter to screen for users with multiple accounts. The platform specified that a claim address can only be linked to a single X or Discord account, and an already-qualified wallet cannot be reused for a claim tied to a different account.

CoinMarketCap's Altcoin Season Index stands at 19, unchanged from yesterday. The index is calculated by comparing the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins, against Bitcoin over the past 90 days. An "altcoin season" is declared when 75% of these top coins outperform Bitcoin during that period, with a score closer to 100 indicating stronger altcoin performance.

The Crypto Fear & Greed Index from data provider Alternative rose one point from yesterday to 24, remaining in the extreme fear category. The index measures market sentiment on a scale of 0 to 100, where 0 indicates extreme fear and 100 represents extreme greed. It is calculated based on volatility (25%), market volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search trends (10%).

Upbit, South Korea's largest cryptocurrency exchange, has listed only one domestic project—colloquially known as a "Kimchi coin"—among 54 new assets added this year, News1 reported. The sole South Korean addition was Story (IP). In contrast, seven of the 10 cryptocurrencies delisted from the exchange in 2025 were domestic projects. This has significantly reduced the presence of South Korean projects on the exchange, which holds a 70% market share. According to the report, the trend stems from domestic exchanges adopting risk-averse listing policies due to government regulations. Industry insiders are now calling for an end to regulatory uncertainty to encourage local companies to resume new blockchain initiatives.

Investment in the GameFi sector fell by more than 55% in 2025 compared to the previous year, according to crypto data analytics platform Delphi Digital. The firm described 2025 as a difficult year for the industry, noting that highly anticipated games underperformed and enthusiasm for the sector has cooled. However, Delphi Digital added that Web2.5 games, which incorporate blockchain technology, are experiencing quiet growth.

U.S. President Donald Trump announced that he plans to name a successor to Federal Reserve Chair Jerome Powell in January, adding that the possibility of firing Powell remains.

Cicely LaMothe, Deputy Director of the U.S. Securities and Exchange Commission's (SEC) Division of Corporation Finance, has completed her term, The Block reported. LaMothe was known for leading major staff statements on cryptocurrency, including one clarifying that memecoins do not constitute securities and another outlining the SEC's position on staking.

Representative Maxine Waters, the ranking Democratic member of the U.S. House Financial Services Committee, has criticized the Securities and Exchange Commission (SEC) for halting enforcement actions against cryptocurrency firms, CoinDesk reported. In a letter to the committee's chairman, French Hill, Waters stated that the SEC has suspended or dropped actions against numerous companies and individuals accused of securities law violations, including Coinbase, Binance, and Justin Sun. She also asserted that the committee has failed to properly investigate why the SEC abandoned these actions or how it plans to prevent future fraud and manipulation.

The South Korean government's forthcoming Digital Asset Basic Act will include enhanced investor protection measures, such as strict liability for virtual asset providers and new rules for stablecoin issuers, Yonhap News reported. The legislation, which represents the second phase of the country's crypto regulations, is expected to impose no-fault liability on Virtual Asset Service Providers (VASPs) for damages resulting from hacking or system failures, similar to the country's Electronic Financial Transactions Act. The bill will also reportedly require stablecoin issuers to manage reserves in assets like deposits and government bonds and to place over 100% of the outstanding issuance in a trust or deposit with a custodian institution to insulate against bankruptcy risk. Additionally, the act aims to align VASP obligations for disclosure and advertising with the standards of the traditional finance industry and will permit the domestic sale of digital assets, provided there is sufficient information disclosure.

The market capitalization of tokenized stocks has reached an all-time high of $1.2 billion, Cointelegraph reported, citing data from Token Terminal.

The three major U.S. stock indices finished in negative territory. The S&P 500 fell 0.35%, the Nasdaq Composite dropped 0.5%, and the Dow Jones Industrial Average declined 0.51%.

The South Korean government’s proposal to regulate won-denominated stablecoins is expected to be delayed until next year, Edaily reported. As the second phase of virtual-asset legislation, the bill—known as the Digital Asset Basic Act—was initially slated to be drafted by year-end, with passage to follow in early 2026. However, the timeline has been pushed back due to disagreements among government agencies. The primary point of contention is reportedly whether issuance rights should be restricted exclusively to consortiums in which banks hold a majority stake of more than 51%.

Galaxy Digital CEO Mike Novogratz has stated that while Bitcoin has shown a sluggish performance this year, he anticipates a positive outcome for the cryptocurrency next year, U.Today reports. He noted that crypto has underperformed expectations in 2025 and that Bitcoin, despite its gold-like narrative, has failed to move in tandem with the precious metal. Novogratz personally believes that BTC has the necessary catalysts for a rally but has simply not yet made its move. He added that the current negative public sentiment surrounding crypto makes him feel optimistic, predicting that 2026 will be a significant year for the asset class. However, he stipulated that Bitcoin would need to break the $100,000 level to generate upward momentum.

Bitcoin skeptic and prominent gold bull Peter Schiff posted on X that Strategy's average purchase price for its BTC is $75,000, with an unrealized profit of about 16%. He argued that because the company has been buying BTC over the past five years, this equates to an average annual return of just 3%. Schiff added that Michael Saylor would have been in a much better position if he had purchased other assets instead.

Cumulative dividends paid out by BlackRock's tokenized fund, BUIDL, have exceeded $100 million, making it the first tokenized U.S. Treasury product to reach this milestone, Crypto Briefing reported.

New York Stock Exchange-listed Bitcoin mining firm Cango (CANG) plans to secure a $10.5 million investment from its major shareholder, Enduring Wealth Capital (EWCL), according to Crypto Briefing. The investment will be structured as a purchase of seven million of the company's Class B common shares by EWCL. As of Dec. 25, Cango held 7,419 BTC.

Trading volume for perpetual futures on decentralized exchanges (Perp DEXs) has surpassed $1.2 trillion, signaling their emergence as a mainstream financial product, according to an analysis by David Duong, Head of Institutional Research at Coinbase. Duong noted that perpetual futures are evolving into a core component within DeFi, integrating organically with other protocols. He explained that their combination with lending protocols, for instance, enables a variety of strategic applications. Duong forecasts that these products will eventually expand to equities, becoming a prominent trading tool for retail investors.