Crypto Fear & Greed Index currently stands at 42, with market sentiment still in the "Fear" zone.

On December 25th, CNBC reported that cryptocurrency exchange Kraken plans to roll out a prediction market business in 2026. In the latest episode of CNBC’s *Crypto World*, Mark Greenberg—Kraken’s Global Head of Consumer Business—outlined the firm’s key focus areas for the coming year. Greenberg also touched on Kraken’s recent move to acquire Backed Finance, which issues xStocks: tokens representing traditional assets like stocks. The acquisition marks a key step for Kraken to expand its footprint in tokenized equities. Beyond M&A activity, Greenberg noted Kraken is gearing up to launch the 2026 prediction market and expressed optimism about tokenized equities’ growth prospects in the coming year.

On December 25, Farside monitoring reported that ETHE saw a net outflow of $33.8 million yesterday, while Grayscale ETH recorded a net inflow of $3.3 million.

December 25th Galaxy Securities noted that amid stronger-than-expected economic growth, CME data shows the probability of a January 2026 rate cut has narrowed compared to prior levels. Following the data release, Kevin Hassett (top candidate for Federal Reserve Chair) stated the growth foundation still stems from falling prices, rising incomes, and improved sentiment. He explicitly noted that if GDP growth holds around 4%, monthly job gains are expected to return to the 100,000-150,000 range. He also bluntly said the Fed is "significantly behind the curve" on rate cuts. Third-quarter economic growth largely reflects fading inventory and trade distortions, which is insufficient to reverse the trend of marginal weakening in job growth. With employment as a key policy consideration and the Fed Chair selection gradually coming into focus, roughly three rate cuts are still expected in 2026. (Source: Jin10)

On December 25, per EmberCN monitoring, Multicoin Capital is suspected of purchasing $30 million worth of WLD tokens in an over-the-counter (OTC) deal with the Worldcoin team. A day earlier, the 0xf000 address—believed to be linked to Multicoin Capital—transferred 30 million USDC to a Worldcoin team wallet. Seven hours ago, that address received 60 million WLD from the same Worldcoin team wallet, valued at approximately $29.06 million.

December 25th – MLM Monitor reports a ~$1.49 million pre-market short position on FOGO was liquidated in 15 minutes on Hyperliquid, as the token surged 550%. This chain liquidation triggered an Auto-Deleveraging (ADL) event for a long-position wallet, locking in ~$500k in profit in under 30 minutes. Notably, the wallet opened its long via TWAP just 7 hours prior and uses a newly created address. Address link: https://hypurrscan.io/address/0xb2f42334fffc3947b4c79c7e3dc3d387d391f148 The largest single liquidation hit a wallet that kept adding to its FOGO short during the process (fueling further momentum). The system liquidated the wallet’s isolated short position in 10 minutes, resulting in a ~$100k USDC loss on a $224k nominal-value position. Address link: https://hypurrscan.io/address/0x4013eb7da81902a556146861dc50e9c0f515238d

Binance founder CZ took to social media on December 25th with this post: "When Bitcoin hit its all-time high (ATH), have you ever caught yourself thinking: ‘If only I’d bought in earlier.’ But here’s the thing: those who actually bought in early didn’t do so at the ATH—they bought when fear, uncertainty, and doubt (FUD) was rampant. Merry Christmas."