December 18th, according to Coinglass data, Bitcoin has experienced a cumulative decline of 23.76% since the fourth quarter. Looking back at Bitcoin's history, only the fourth quarter of 2018 with a 42.16% decline had been worse than the current data.Similarly, Ethereum has seen a cumulative decline of 31.54% since Q4, currently performing better than only 2016 (-39.47%) and 2018 (-41.62%).

December 15th, according to Coinglass data, in the past 24 hours, CEX net inflow of 1730.1 BTC, where: Binance net inflow of 3162.31 BTC, Kraken net inflow of 676.1 BTC.Additionally, OKX saw a net outflow of 1089.15 BTC, ranking first in the outflow list.

December 14th, Coinbase CEO Brian Armstrong stated, "Cryptocurrency helps create property rights for everyone, a sound monetary system, and free trade. However, it is not a panacea and still needs institutional reforms such as regulation and anti-corruption efforts."

December 14, according to Onchain Lens monitoring, a newly created wallet withdrew 300 BTC from Binance, worth $26.7 million.

December 14th. An analysis by the Financial Times pointed out that, given European Central Bank President Lagarde's view that the bank is in a "good place," investors unanimously expect the ECB to keep the benchmark interest rate at 2% next week and instead focus on its economic forecasts. Lagarde stated this week that rate-setters may raise their growth forecasts for the eurozone again at the meeting. These stronger growth forecasts, along with sustained inflation, have recently prompted traders to increase bets on an ECB rate hike next year.However, as there is still controversy over a potential shift in the monetary policy direction, and the shift in pricing in the forward market has only occurred in recent weeks, traders will pay close attention to clues about the timing of rate hikes. Any adjustment in policy signals is expected to be subtle. George Mollard, Eurozone economist at Royal Bank of Canada Capital Markets, said he does not expect the ECB to raise rates in 2026 because "the cyclical tailwind may be temporary." He added that the ECB has "clearly stated that it does not want to overreact to temporary deviations from its target." (FXStreet)

December 14th, the Financial Times of the United Kingdom analysis pointed out that the U.S. non-farm payroll report to be released next Tuesday will include data from October and November, finally providing policymakers and investors with a more complete picture of the U.S. labor market, ending months of partial blindness. The Federal Reserve lowered interest rates to a three-year low after a contentious meeting this week, with several officials in dissent, the focus of the debate being whether to prioritize addressing high inflation or a weak job market.Citigroup economists pointed out that the upcoming latest employment report may release more conflicting signals. The bank expects a decrease of about 45,000 jobs in October, but an increase of 80,000 jobs in November. Citigroup economists stated that this rebound may be more related to seasonal data adjustments rather than a "genuine improvement in worker demand." They also predicted that the unemployment rate will rise from 4.4% to 4.52%, while a Reuters survey of economists shows an unemployment rate of 4.4%. The Fed's own quarterly projections show a median year-end unemployment rate of about 4.5% for this year. (FXStreet)

December 14, according to CoinDesk, the development team behind the crypto yield optimization protocol YO Protocol, YO Labs, announced that it has completed a $10 million Series A funding round. The round was led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital. To date, the total funding raised by the project has reached $24 million. The company plans to use this funding to expand the protocol to more blockchains and enhance its infrastructure.

December 14th. According to Arkham monitoring, a suspected Matrixport address withdrew 3 million ASTER from Binance approximately 2 hours ago, worth around $2.84 million. Currently, this wallet holds a total of 5 million ASTER tokens, valued at $4.71 million.

BlockBeats News: On December 14, according to market data, following the news of being listed on Binance U's Coin-margined Perpetual Futures, RAVE surged over 26% briefly, currently trading at $0.4866, with a market cap of approximately $112 million.

December 14, according to South Korean media Newsis, earlier this month, the ruling party of South Korea called on various ministries and the Financial Services Commission (FSC) to submit a South Korean won stablecoin regulation proposal by December 10. However, the FSC failed to submit the proposal on time. An FSC spokesperson stated that the FSC needed more time to coordinate its position with relevant agencies, and instead of rushing to submit the proposal before the deadline, it would be better to announce the proposal while submitting it to the National Assembly. The FSC described this move as a way to protect the public's right to know about the matter.

December 14, according to official sources, Binance will list the RAVEUSDT perpetual contract on December 14, 2025, at 23:30 (UTC+8), with leverage of up to 40x.

December 14th, according to CoinDesk, Bitcoin fell below $90,000 on Sunday as investors' overall risk appetite was limited ahead of next week's important economic data releases and central bank meetings.Some analysts warned that if key technical levels are breached, Bitcoin's consolidation phase could turn bearish. Crypto analyst Ali Martinez stated earlier on Sunday on the X platform that $86,000 is still a key support level that Bitcoin must hold. Once this support level is broken, the market may face a deeper pullback.Currently, the cryptocurrency market is still in a consolidation phase with low trading volume and limited trading confidence. Investors are awaiting upcoming US macroeconomic data releases and central bank policy decisions to receive clearer directional signals.

December 14th: Strategy founder Michael Saylor once again shared information about the Bitcoin Tracker. He stated, "Back to more orange dots."According to the previous pattern, Strategy always discloses its additional Bitcoin holdings information on the second day after such news is released.

December 14th, according to the relevant page, the probability of "Bank of Japan Raising Interest Rates by 25 Basis Points in December" on Polymarket is currently reported as 98%, while the probability of no rate change is 2%.According to public information, the Bank of Japan plans to announce its interest rate decision on December 19th.

December 14th, according to Arkham Monitoring, about 20 minutes ago, a whale withdrew 14.098 million WLFI from Binance, worth approximately $2.03 million.

December 14th, according to HyperInsight monitoring, the "Ultimate Bear" whale (0x5D2) holds a 20x Bitcoin short position, currently with a floating profit of $18.11 million, and has earned $9.56 million from funding fees. Its entry price was $11,140, with a position size of 820 BTC.

December 14th, ARK Invest founder Cathie Wood stated that during the 1011 flash crash, Bitcoin had the strongest liquidity of all crypto assets, usually being the first to be sold off and dragging down other currencies. Other currencies experienced larger price drops. With the relevant information already digested, the market may have bottomed out. Cathie Wood emphasized that Bitcoin represents a new global monetary system and asset class, serving as the preferred entry point for institutions into the crypto space and should be at the forefront of institutional asset allocation.Regarding Ethereum and Solana, Cathie Wood pointed out that the narrative is changing. Ethereum is the infrastructure of choice for institutions, building Layer 2 solutions on Ethereum. However, as the number of L2 solutions rapidly grows, whether it will be "commoditized" is still worth observing. Nonetheless, the Ethereum ecosystem continues to expand, and Ethereum is our second choice. Solana leans more towards a consumer-facing blockchain ecosystem and also has the potential to be part of institutional expansion in the future.In terms of asset allocation, Cathie Wood said that as flagship strategies cannot directly hold crypto ETFs, ARK mainly participates in the crypto industry layout in stock form, including Coinbase, Robinhood, and stablecoin-related company Circle, and holds a small amount of Ethereum and Solana exposure. Currently, crypto-related assets account for about 12%-13% of the portfolio, which is a relatively appropriate proportion.She added that the market is focusing on whether large traditional financial institutions (such as Morgan Stanley, Bank of America, Wells Fargo, UBS, etc.) will formally introduce Bitcoin through ETFs in this cycle, and this decision may become a key variable influencing the next stage of the market.

December 14, Bitwise advisor Jeff Park stated in a post that "the current market structure fundamentally does not favor a substantial price increase in Bitcoin. The reason is that, on the one hand, Bitcoin OG holders are still continuously selling, while on the other hand, demand from ETFs and institutional investors is slowing down."At the same time, Jeff Park emphasized that for Bitcoin to break out, it must return to significantly higher levels of implied volatility in a sustainable manner, especially upward volatility. In November, I stated, "It's either volatility or death," and shared the signal of the first anomalous breakout at that time. Finally, seeing volatility starting to rise again reignited some hope. However, disappointingly, implied volatility has once again been fully suppressed over the past two weeks. From a peak of 63% in late November, it has now fallen back to 44%."

December 14th, according to Hyperinsight monitoring, the "BTC OG Insider Whale" address's position has seen its unrealized loss expand to $19.26 million, including:· 5x long 175,994 ETH, opening price $3,173.34, liquidation price $1,954.90, unrealized loss $15.53 million;· 5x long 1,000 BTC, opening price $91,506.70, unrealized loss $2.21 million;· 20x long 25,000 SOL, opening price $137.53, unrealized loss $1.52 million.

December 14th, according to HyperInsight monitoring, "Whale Brother" Huang Lizheng reduced his holdings by 786 ETH, currently holding 3,144 ETH (9.69 million US dollars), with a current liquidation price of $3,042.74.