Market Signal Briefing

Oscar Health, Inc. (OSCR - Free Report) closed at $15.59 in the latest trading session, marking a -8.08% move from the prior day. This move lagged the S&P 500's daily gain of 0.68%. Meanwhile, the Dow experienced a rise of 1.05%, and the technology-dominated Nasdaq saw an increase of 0.33%.

The company's shares have seen an increase of 14.21% over the last month, surpassing the Finance sector's gain of 1.58% and the S&P 500's gain of 1.8%.

Investors will be eagerly watching for the performance of Oscar Health, Inc. in its upcoming earnings disclosure. In that report, analysts expect Oscar Health, Inc. to post earnings of -$0.84 per share. This would mark a year-over-year decline of 35.48%. Simultaneously, our latest consensus estimate expects the revenue to be $3.21 billion, showing a 33.98% escalation compared to the year-ago quarter.

OSCR's full-year Zacks Consensus Estimates are calling for earnings of -$1.35 per share and revenue of $12.1 billion. These results would represent year-over-year changes of -1450% and +31.86%, respectively.

Investors might also notice recent changes to analyst estimates for Oscar Health, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.04% higher. Oscar Health, Inc. currently has a Zacks Rank of #3 (Hold).

The Insurance - Multi line industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 40, positioning it in the top 17% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Adobe Systems (ADBE - Free Report) reported $6.19 billion in revenue for the quarter ended November 2025, representing a year-over-year increase of 10.5%. EPS of $5.50 for the same period compares to $4.81 a year ago.

The reported revenue represents a surprise of +1.5% over the Zacks Consensus Estimate of $6.1 billion. With the consensus EPS estimate being $5.39, the EPS surprise was +2.04%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Adobe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Business Unit - Digital Media - Total Digital Media ARR (Annual): $19.2 billion compared to the $19.18 billion average estimate based on four analysts.Revenue- Digital Media: $4.62 billion versus $4.54 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.Revenue- Digital Experience: $1.52 billion compared to the $1.51 billion average estimate based on seven analysts. The reported number represents a change of +8.9% year over year.Revenue- Publishing and Advertising: $60 million versus $50.21 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -7.7% change.Revenue- Services and other: $131 million compared to the $143.27 million average estimate based on five analysts. The reported number represents a change of -18.1% year over year.Revenue- Subscription: $5.99 billion versus the four-analyst average estimate of $5.9 billion. The reported number represents a year-over-year change of +11.6%.Revenue- Products: $74 million versus the four-analyst average estimate of $63.03 million. The reported number represents a year-over-year change of -8.6%.Revenue- Subscription Revenue- Digital Experience: $1.41 billion versus $1.4 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.View all Key Company Metrics for Adobe here>>>

Shares of Adobe have returned +3.3% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Nordson (NDSN - Free Report) reported $751.82 million in revenue for the quarter ended October 2025, representing a year-over-year increase of 1%. EPS of $3.03 for the same period compares to $2.78 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $769 million, representing a surprise of -2.23%. The company delivered an EPS surprise of +3.41%, with the consensus EPS estimate being $2.93.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Nordson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Industrial Precision Solutions: $361.71 million compared to the $360.05 million average estimate based on two analysts. The reported number represents a change of -7.8% year over year.Net Sales- Advanced Technology Solutions: $170.61 million compared to the $180.73 million average estimate based on two analysts. The reported number represents a change of +12.2% year over year.Net Sales- Medical and Fluid Solutions: $219.5 million compared to the $228.03 million average estimate based on two analysts. The reported number represents a change of +9.6% year over year.View all Key Company Metrics for Nordson here>>>

Shares of Nordson have returned -1.3% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Netflix, Inc. (NFLX) is caught in the middle of an escalating bidding war for Warner Bros. Discovery that’s creating volatility for the streaming giant’s shares and new trading opportunities in leveraged ETFs tied to the stock.

The drama escalated Monday when Paramount Skydance launched a $30-per-share hostile offer for Warner Bros. Discovery, attempting to derail Netflix’s $72 billion agreement to acquire WBD’s film studio and HBO Max streaming assets, according to CNBC. The competing bids have injected fresh volatility into Netflix shares, which had drifted lower through much of the second half of 2025.

For traders eyeing the volatility, the Direxion Daily NFLX Bull 2X Shares (NFXL) offers amplified exposure to Netflix’s daily price movements. Despite recent choppiness in the underlying stock, NFXL has posted an 8.3% year-to-date return, according to ETF Database.

The fund provides 2x leveraged exposure to Netflix’s daily performance and has attracted $109.1 million in assets under management, according to ETF Database. NFXL returned 2.2% over the past year, even as Netflix navigated competitive pressures and subscriber growth questions.

Netflix ETFs Offer Volatility Tools
The takeover uncertainty creates a volatile backdrop for Netflix shares in the coming weeks. Traders anticipating continued volatility might consider NFXL for bullish short-term positioning on deal approval or other positive developments.

Alternatively, the Direxion Daily NFLX Bear 1X Shares (NFXS) provides inverse exposure for traders expecting regulatory pushback or deal complications. NFXS returned 6.2% over the past month as Netflix shares pulled back from summer highs, according to ETF Database.

Netflix’s proposed acquisition would bring HBO’s programming and Warner Bros.’ film catalog under Netflix’s 280 million-subscriber platform, according to CNBC. The deal would consolidate two of streaming’s top content libraries, potentially creating the industry’s dominant player.

Paramount CEO David Ellison told CNBC his company’s all-cash offer provides shareholders with “$17.6 billion more cash” than Netflix’s combination of stock and cash. The hostile bid sets up a potential proxy fight that could extend uncertainty around Netflix’s strategic direction.

For more news, information, and strategy, visit the Leveraged & Inverse Content Hub.

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Bitcoin tied to the defunct Silk Road marketplace moved again after more than a decade of silence, raising new questions about who controls the coins and what the latest activity means for the market.

Blockchain data shows that 176 transfers were executed in the past 24 hours from a cluster of long-dormant Silk Road–linked wallets, moving a total of around $3.14 million into a small set of fresh addresses.

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A Consolidation Pattern, Not a Market DumpThe pattern immediately drew attention because these wallets rarely show activity, and dormant Bitcoin tied to early dark web markets often sparks concern among traders. 

However, the movement’s structure suggests a more controlled and deliberate reorganization rather than a rush to sell.

Silk Road Bitcoin Wallet Makes 176 Transfers After 3 Years. Source: ArkhamOn-chain data shows the funds were sent in small, evenly structured batches, a pattern analysts typically associate with wallet consolidation. The coins did not move toward exchange deposits or known mixing infrastructure, which would indicate liquidation or laundering.

Instead, the funds appear to be reconsolidating into new wallets, a process often used to clean up outdated UTXOs, reorganize custody, or prepare for later actions. 

This mirrors past movements from both private holders and law-enforcement–controlled addresses.

Possible Motives Behind the Dark Web Bitcoin TransfersThe activity could reflect several scenarios. The most likely is that an entity controlling the coins — whether a private early Silk Road participant or a government agency — is updating its wallet structure. 

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The US government has previously consolidated large Silk Road seizures before liquidation events, and the courts earlier this year approved the sale of more than 69,000 BTC tied to Silk Road seizures.

After a decade of silence, 312 wallets on the darknet marketplace Silk Road suddenly transferred $BTC to an unknown address.

BTW, Ulbricht is once again considering opening his own marketplace 🤔 pic.twitter.com/cbAFUJheKt

— Web3_Vibes (@W3Vibes) December 10, 2025
Another possibility is that a private holder regained access to old keys for the first time in years. Dormant BTC from the 2011–2013 period occasionally resurfaces when early users recover wallets or transfer ownership through estates. 

These reactivations often follow slow, patterned transaction sequences similar to what is now visible on-chain.

Less likely is the theory that the coins are being laundered or prepared for immediate sale. Typical laundering flows involve thousands of micro-transactions, peel chains, or direct movement to mixers — none of which has appeared so far.

What It Means for BitcoinThe market impact remains limited. Until the funds move toward exchanges, there is no direct selling pressure. 

Analysts will continue monitoring whether the new addresses eventually forward coins to centralized trading platforms or OTC desks.

However, movements from legacy darknet-linked wallets carry symbolic weight. They highlight how early Bitcoin remains traceable and how activity from more than a decade ago can resurface unexpectedly. 

Also, the transfers illustrate the heightened sensitivity around supply movements during a period when institutional flows, ETF activity, and macro conditions already drive volatility.

Key takeaways:

BTC derivatives pricing indicates weak conviction in a move above $100,000, reflecting macroeconomic uncertainty and Bitcoin’s underperformance compared to gold.

Despite improved liquidity from Federal Reserve actions, whales remain cautious, signaling skepticism toward a durable Bitcoin breakout.

Bitcoin (BTC) derivatives markets are becoming increasingly skeptical that the cryptocurrency can sustain bullish momentum, despite the shift toward an expansionist monetary policy by the US Federal Reserve. Traders remain wary of risk aversion amid uncertain economic conditions and Bitcoin’s continued underperformance relative to gold.

Gold/USD (left) vs. Bitcoin/USD (right). Source: TradingViewThe Fed’s split decision on Wednesday to cap interest rates at 3.75% was widely expected, and Fed Chair Jerome Powell struck a restrained tone during the press conference following the committee meeting. Powell highlighted the ongoing risks tied to labor market weakness and stubborn inflation. Two Fed members, however, voted to keep rates at 4%, an unusually sharp divergence for a committee that typically shows strong internal alignment.

More notable was the Fed’s announcement that it will begin purchasing short-dated government bonds to “help manage liquidity levels.” The initial $40 billion program authorized on Wednesday marks a significant reversal from the past couple of years, which were characterized by a steady drawdown of the Fed’s balance sheet, culminating in the current $6.6 trillion after a peak of $9 trillion in 2022.

This added liquidity increases the cash banks can lend, supporting credit growth, boosting business investment and encouraging consumer borrowing during periods when economic momentum is slowing across the economy.

Bitcoin options imply 70% odds BTC staying under $100,000The $100,000 BTC call (buy) option implies a 70% probability that Bitcoin will remain at or below $100,000 by Jan. 30, according to the Black & Scholes model.

$100k BTC call option at Deribit, USD. Source: laevitas.chTo secure the right to acquire Bitcoin at a fixed $100,000 on Jan. 30, buyers must pay a $3,440 premium upfront. For comparison, the same call option traded at $12,700 just one month earlier. The instrument effectively serves as insurance and expires worthless if Bitcoin finishes below the strike price. Still, upside for the holder remains unlimited as long as the market moves decisively above $100,000.

Interestingly, Bitcoin’s monthly options expiry in January falls two days after the next FOMC meeting on Jan. 28. Based on the CME Group FedWatch Tool, traders assign a 24% probability to another interest rate cut in January. Uncertainty increased after the government funding shutdown in November limited visibility into US employment and inflation data.

The stock market benefits directly from the Federal Reserve’s expansionist stance, as companies anticipate a lower cost of capital and easier consumer financing. Bitcoin, however, tends to react less predictably since investors rotating out of safe short-term government bonds are unlikely to view the cryptocurrency as a reliable store of value.

S&P 500 index (left) vs. US 5-year Treasury yield (right). Source: TradingViewYields on the US five-year Treasury stood at 3.72% on Wednesday, down from 4.1% six months earlier, while the S&P 500 gained 13% in the same period. Traders worry that the growth of US government debt could weaken the dollar and fuel inflationary pressure, making the relative scarcity of equities more appealing despite concerns about stretched valuations.

What could ignite a Bitcoin rally remains uncertain, but the rising cost of default protection in the artificial intelligence sector might push traders to reduce exposure to stocks. 

For now, Bitcoin whales and market makers remain highly skeptical of a sustained move above $100,000, even as the Fed’s policy shift creates more favorable conditions.

This article is for general information purposes and is not intended to be and should not be taken as, legal, tax, investment, financial, or other advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

The fund will run on Solana at launch and use PYUSD. Dec 10, 2025, 10:30 p.m.

State Street and Galaxy Asset Management plan to launch a tokenized liquidity fund in early 2026 that uses stablecoins for around-the-clock investor flows, expanding the use of public blockchains in institutional cash management, the companies announced Wednesday.

The State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, will accept subscriptions and redemptions in PYUSD, a stablecoin issued by PayPal, so long as the fund has assets on hand to process requests. Only Qualified Purchasers who meet set thresholds can access the fund. Ondo Finance committed about $200 million to seed the product.

STORY CONTINUES BELOW

The firms expect to issue SWEEP on Solana SOL$138.96 at launch, then add Stellar (XLM) and Ethereum (ETH.) Galaxy plans to rely on Chainlink LINK$14.16 tools to move data and assets across chains.

The companies said the fund is designed for institutions that want to hold cash-like assets onchain without giving up the liquidity profile they expect from traditional sweep products.

Kim Hochfeld, global head of cash and digital assets at State Street, said the project reflects a shift in how banks and crypto firms work together.

“By partnering with Galaxy, we will push the envelope together and drive the evolution of the TradFi landscape onchain,” she said.

Ondo Finance President Ian De Bode said the firm’s planned investment shows how traditional and crypto markets continue to converge.

“Tokenization is rapidly becoming the connective tissue between traditional finance and the onchain economy, and SWEEP represents a major leap forward in that evolution,” he said.

The effort adds to the firms’ work together, which includes a set of digital-asset ETFs launched in 2024.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Protocol Research: GoPlus Security

Nov 14, 2025

What to know:

As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.View Full Report

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Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues

2 hours ago

"Powell is threading the needle between their two mandates," said one analyst.

What to know:

Crypto prices were volatile on Wednesday, erasing much of their gains following the Fed's rate cut earlier.In his post-meeting press conference, Fed Chair Jerome Powell took note of a labor market that might be weaker than previously thought, while also sounding cautious about gains made in fighting inflation.Read full story

A newly proposed exchange-traded fund would offer exposure to bitcoin, much like other popular ETFs tracking the world's oldest cryptocurrency. But, there's a twist: The fund would trade bitcoin-linked assets while Wall Street sleeps. 

The Nicholas Bitcoin and Treasuries AfterDark ETF aims to purchase bitcoin-linked financial instruments after the U.S. financial markets close, and exit those positions shortly after the U.S. market re-opens each day, according to a December 9 filing to the Securities and Exchange Commission.

The fund would not hold bitcoin directly. Instead, the AfterDark ETF would use at least 80% of the value of its assets to trade bitcoin futures contracts, bitcoin exchange-traded products and ETFs, and options on those ETFs and ETPs. 

The offering would capitalize on bitcoin's outsized gains in off-hours trading.

Hypothetically, an investor who had been buying shares of the iShares Bitcoin Trust ETF (IBIT) when U.S. markets formally close, and selling them at the next day's open, would have scored a 222% gain since January 2024, data from wealth manager Bespoke Investment Group shows. But an investor that had bought IBIT shares at the open and sold them at the close would have lost 40.5% in the same time.

Bitcoin was last trading at $92,320, down nearly 1% on the day. The leading cryptocurrency is down about 12% over the past month and little changed since the beginning of the year. 

The proposed ETF underscores jockeying among sponsors to launch ETFs tracking all kinds of cryptocurrencies, from altcoins like Aptos and Sui to memecoins such as Bonk and Dogecoin. The contest has only accelerated under President Donald Trump, who has pushed the SEC and Commodity Futures Trading Commission to soften their stances on token issuers and digital asset exchanges. 

Since being approved under the prior administration in January 2024, more than 30 bitcoin ETFs have begun trading in the U.S., according to data from ETF.com.

Journalist

Posted: December 11, 2025

Fetch.ai has gained momentum in the past day, adding 11% to its price. However, liquidity clusters on the chart flag a risk of decline, as large sell orders are piled above the current price, increasing the likelihood of a drop.

Market direction remains uncertain, but AMBCrypto has mapped out a potential path for the asset.

FET sits between major orders
Fetch.ai’s [FET] latest upward move has pushed it close to a deep liquidity-cluster level on the chart. These clusters typically trigger long squeezes, with price declining sharply once it trades into that territory.

Liquidity clusters mark known zones on the chart that tend to house unfilled orders. When price trades into these areas, it absorbs those orders; clusters above price are mostly short-side orders.

Source: CoinGlass

These clusters have coincided with spot retail traders tightening their positions. CoinGlass’ spot exchange netflow shows retail investors have been cutting down on exposure to FET.

The chart pattern indicates waning confidence, and these investors anticipate a potential decline. FET’s accumulation dropped from 24.1 million on the 6th of October to $1.22 million on the 8th of December.

FET remains slightly bullish
On-chain sentiment suggests the market still leans medium-term bullish. While this outlook is positive, it also signals that bears may still be lurking.

Valuation multiples support this view. Notably, the ratio of FET’s token trading volume to its market capitalization has shown a slight spike.

This metric indicates how actively a token trades relative to its valuation. A reading of 0.2 reflects moderate trading activity and liquidity flow.

Source: Artemis

Daily volume was at $127.5 million—an 86% jump in the past day—while market capitalization was slightly higher at $596.4 million, according to CoinMarketCap.

Bullish momentum was even more evident in derivative markets, where long-side traders appeared unwilling to step back.

Bulls are not backing down
The derivatives market recorded one of its strongest inflows in the past day. Open Interest surged about 9% in the early hours, adding approximately $6.37 million to the market.

An increase of nearly 10% in total Open Interest signals high market interest and strong investor willingness to buy.

Source: CoinGlass

Funding Rate has also remained positive at 0.0083%, indicating slightly more bulls than bears. This setup tends to be net bullish for assets and typically supports the continuation of an upward rally.

For now, sentiment remains largely positive, with the outcome hinging on how price interacts with the liquidity-cluster zone.

Final Thoughts

FET now sits between liquidity clusters that threaten its anticipated near-term rally.
Trading activity in FET remains elevated relative to its fully diluted market valuation.

Tom Lee says the future of finance is being built on Ethereum, and he's betting big that tokenization—not nostalgia for four-year bitcoin cycles—will drive the next decade of digital-asset growth.

In brief
Bitcoin treasury leader Strategy raised national security concerns in a letter to MSCI.
Excluding crypto-buying firms would undermine the Trump administration, it said.
The letter questioned MSCI’s neutrality in the eyes of regulators.
Strategy argued in a letter sent to MSCI on Wednesday that excluding a number of crypto-buying firms from its indices could impact America’s ability to protect itself.

The Tysons Corner, Virginia-based firm raised national security concerns in its 12-page appeal to the global financial giant, pointing to the Trump administration’s pro-crypto stance.

“MSCI should decline to implement its proposal,” the letter states. “It would undermine the federal government’s goal of promoting digital assets while stifling innovation, impeding economic development, and harming national security.”

Strategy has submitted its response to MSCI’s consultation on digital asset treasury companies. Index standards should be neutral, consistent, and reflective of global market evolution. Read our letter and share your support: https://t.co/yiPRYyw5Lk

— Michael Saylor (@saylor) December 10, 2025

In its letter, Strategy also underscored that crypto-buying firms are companies, not investment funds that are ineligible for inclusion. What’s more, the Bitcoin-buying firm described the 50% threshold as “arbitrary, discriminatory, and unworkable.”

JPMorgan warned last month that outflows from Strategy could total $2.8 billion if MSCI moves forward with its proposal, which would exclude companies whose digital asset holdings represent 50% or more of total assets from its products that guide allocations.

“MSCI’s proposal to exclude companies whose balance sheets consist of more than 50% digital assets is misguided and would have profoundly harmful consequences,” the letter stated.

Strategy’s letter noted that the Trump administration has prioritized “pro-innovation policies,” while positioning itself as a supporter of digital assets. That makes this “precisely the wrong moment to take steps that undermine this innovative technology,” the letter argued.

At one point, the letter highlighted a bevy of firms that began buying crypto this year, including Trump Media & Technology Group, the social media and technology firm that bears President Trump’s name.

Strategy’s letter warned that MSCI would be risking its perception of neutrality as an index provider, in the eyes of both regulators and market participants, if the firm were to establish index credibility criteria that is effectively “discriminating against one asset type.”

On Strategy’s website, the company asked readers to share the letter on LinkedIn and X, as well as providing them with a way to email MSCI about the topic directly.

Strategy changed hands above $184 by the end of trading Wednesday, down more than 2% day, according to Yahoo Finance. The company’s stock price has fallen nearly 53% over the past six months, as the hype fades around numerous crypto-buying firms that debuted this year.

In July, following the passage of stablecoin legislation, the White House said that “the GENIUS Act reinforces our national security” by subjecting stablecoin issuers to anti-money laundering rules, empowering agencies to combat illicit activity, and requirements like freeze functions.

Senator Elizabeth Warren (D-MA) raised national security concerns with the stablecoin bill itself in February, citing the ability for foreign actors to circumvent sanctions using the technology. She also said the bill would benefit a Trump-backed decentralized finance project called World Liberty Financial.

More broadly, Trump has characterized the nation’s embrace of crypto as crucial for the U.S. to maintain a technical edge against global adversaries like China.

“Now, China is getting into it very big,” he said in an interview with CBS last month. "I'm very proud to say that we are far and away ahead of China and everybody else.”

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Fed Chair Jerome Powell’s speech suggested that the FOMC may hold off on lowering interest rates for a while. Amid his speech, the odds of interest rates remaining unchanged at the January FOMC meeting have surged while Bitcoin has fallen, after climbing to as high as $94,000 on the day.

Jerome Powell Signals Pause In Rate Cut Easing Cycle
In his FOMC press conference opening remarks, the Fed chair stated that the adjustments to their policy stance since September have brought them within a “range of plausible estimates of neutral.” He further remarked that this leaves them well positioned to determine the extent and timing of additional adjustments to their policy rate based on the incoming data, the evolving outlook, and the balance of risks.

This signaled that Jerome Powell and the Fed may pause further rate cuts heading into the January 2026 FOMC meeting. As CoinGape reported, the median projection among Fed officials is just one 25 bps cut in 2026, after three cuts this year.

Meanwhile, the Fed chair again noted that the downside risks to employment have risen while inflation “remains somewhat elevated.” He also mentioned that interest rates are likely to stay the same or they will cut a little next year, but that he doesn’t think a hike is anyone’s base case.

Furthermore, Jerome Powell stated that the inflation risk is mostly due to the Trump tariffs and that the tariffs are likely to lead to only one-time price increases. He added that inflation could peak in the first quarter of next year if there are no new tariff announcements.

Odds Of A January Rate Cut Fall
CME FedWatch data shows that the odds of a January rate cut have fallen amid Jerome Powell’s speech. There is only a 24% chance that the Fed will again lower rates by 25 basis points, while there is a 76% chance they will keep interest rates unchanged.

Source: CME FedWatch
The Fed chair had noted that they will have more data to work with ahead of the January FOMC meeting. As CoinGape reported, the Department of Labor will release the PPI inflation report on January 14, two weeks ahead of the FOMC meeting. Meanwhile, the CPI inflation report will drop on January 13.

Despite Jerome Powell and the Fed projecting only one rate cut in 2026, Bloomberg’s chief economist, Anna Wong, predicts the Fed could end up cutting by 100 bps next year. She noted that they anticipate a weak payroll growth and “scant signs of an inflation resurgence.”

It is worth noting that Powell’s term as Fed chair ends in May, with Trump set to appoint someone willing to cut rates immediately. Kevin Hassett, the current favorite to land the role, has said there is plenty of room to cut rates.

TradingView data shows that the Bitcoin price is trading at around $92,000 following Jerome Powell’s speech. The flagship crypto had rallied to as high as $94,000 but is now correcting, a move that has become a historical trend following most FOMC meetings this year.

Soccerverse, a Polygon‑based football management game, secured a global FIFPRO license to feature 65,000 players from over 70 unions worldwide.

The Federal Open Market Committee meeting on Dec. 10 centered on Federal Reserve Chair Jerome Powell’s guidance for the 2026 policy path, with major banks diverging on projections for next year’s easing trajectory, according to market analysis from The Coin Republic.

Summary

The December 10 FOMC meeting focused heavily on Powell’s guidance for 2026.
Bitcoin volatility was expected to hinge on Powell’s tone rather than the widely anticipated rate cut.
Powell’s pending 2026 exit and rising internal Fed dissents added communication uncertainty.

Markets had priced in the widely expected near-term rate cut, shifting focus to the Federal Reserve’s Summary of Economic Projections and Powell’s press conference framing of 2026 policy, the report stated.

September’s dot plot had signaled only one additional cut next year, and analysts expected updated guidance to shift toward neutral or hawkish territory, telegraphing an extended pause through early 2026 before resuming cuts.

Major banks split on their 2026 forecasts in the days before the meeting, according to the analysis. Some institutions projected additional cuts in the first half of the year, while others anticipated a hold through the first quarter with easing later tied to leadership changes. A hawkish outlier forecast no cuts for an extended period.

The divergence in institutional forecasts highlighted repricing risk, with reports showing investors shifting focus to whether the Fed would signal only a limited easing runway for 2026. Updated projections implying a couple of cuts next year, followed by a flatter path, represented the kind of hawkish-neutral guidance that could pressure risk assets, the report stated.

Powell’s term expires in mid-2026, adding uncertainty around forward guidance and making long-term projections unusually speculative, according to the analysis. Communication risk also escalated around the 2026 timeline, as dissents would likely become more common next year, raising the odds that the dot plot and press conference commentary would be the market-moving event rather than the policy rate itself.

Bitcoin (BTC) tends to react sharply to shifts in Federal Reserve guidance rather than to rate cuts that markets have already priced in, analysts noted. Powell was expected to stress that further easing would require either cooler inflation or a weaker labor market—conditions that remain too firm to justify aggressive cuts in 2026.

Market-structure data also showed two major short-liquidation zones sitting just above current BTC prices. If Bitcoin rises into those levels, large clusters of leveraged shorts could be forced to buy back positions, potentially amplifying volatility. While the notional exposure in these zones appears sizable, actual forced buying would vary depending on order-book depth and could be partially offset by new shorts or profit-taking sellers.

If BTC cleanly breaks through the first cluster, momentum alone could carry it into the second. Penetrating the larger cluster could trigger a squeeze strong enough to briefly push prices toward major psychological levels before cooling.

Analysts emphasized that the scale of any move hinges on real-time liquidity conditions—how thick order books are, whether ETFs and spot desks are net buyers or sellers, how quickly funding rates adjust, and whether large sellers defend round numbers. Historically, breaking through a sizeable liquidation pocket has added a few extra percentage points of upside overshoot during fast market moves.

Bitcoin price action following the FOMC meeting reflects the interaction between Powell’s 2026 guidance and the structure of leveraged positions. Dovish commentary suggesting more cuts next year could trigger an initial move through the lower liquidation zone, setting off a cascade.

Hawkish guidance projecting an extended pause could pressure prices lower, moving them away from liquidation trigger zones and potentially activating long-liquidation clusters below current levels instead, the report stated.

Bitcoin’s underlying market structure has continued to strengthen despite declining trading volumes, analysts say.

Summary

Bitcoin’s market structure is strengthening even as trading volumes dip, with long-term holders accumulating, exchange supply tightening, and price action stabilizing into a narrow range.
Analysts highlight a key divergence: the Nasdaq has rebounded strongly while Bitcoin lags, suggesting mispricing, renewed risk-on appetite, and a break from strict four-year cycle predictions.
On-chain data shows a burst of institutional buying, signaling proactive positioning by whales and market makers.

Long-term holders have maintained their positions while more Bitcoin flows into cold storage and supply on exchanges tightens. The shift represents a transition from volatile, sentiment-driven price swings to more stable structural support, according to industry analysis.

CryptoMichNL, chief investment officer and founder of MNFund and MNCapital, stated on X that Bitcoin shares a strong correlation with the Nasdaq. While the Nasdaq has shown steady resilience, Bitcoin has lagged behind, creating what the analyst described as mispricing and market divergence.

This divergence suggests that the path to major upside targets remains open and calls into question the validity of the four-year cycle thesis. See below.

A great representation of the current status of the markets for #Bitcoin.

Technically, we can all argue that #Bitcoin is correlated with the Nasdaq.

Nasdaq has been showing resilience, Bitcoin has not.

That creates mispricing and a divergence.

That's why $100K is around the… pic.twitter.com/f8XYAqRNWS

— Michaël van de Poppe (@CryptoMichNL) December 9, 2025

Bitcoin recently underwent a sharp correction, during which the market saw a pronounced shift between high-volatility “Beta” assets and more stable “Quality” assets, according to LVisserLabs. While Bitcoin stalled after the sell-off, Beta stocks rebounded strongly, signaling a return of risk-on appetite in broader markets.

On-chain data analyzed by investor Ucan showed a surge of institutional demand in a narrow window, with major exchanges, market makers, and an unidentified whale executing large purchases just hours before the Federal Reserve’s employment report.

The timing suggests institutions were positioning ahead of potentially supportive data, while retail traders largely reacted to market movements.

Analysts say this behavior indicates a strategic, preparatory move rather than purely momentum-driven trading, highlighting the growing influence of institutional activity on Bitcoin’s price dynamics.

TL;DR:

Bitcoin and Ethereum stalled or fell slightly following the Fed’s third consecutive 25 basis point rate cut.
The Fed did not commit to further cuts in the new year but will resume buying short-term Treasury bills.
Uncertainty increases with the possible nomination of a new, more pro-crypto Fed Chair favoring rapid cuts.

The Federal Reserve cut its interest rates and the market reacted immediately. This Wednesday, the price of Bitcoin and Ethereum registered mixed movements; the pioneering crypto traded at $92,000, recording a 1.4% drop during the day, while Ethereum modestly rose 0.6% to trade just above $3,300.

The market’s reaction occurred despite the Fed’s measure, which also announced the resumption of short-term Treasury bill purchases. The central bank justified the decision by citing concerns over a weakened labor market, as recent reports pointed to stagnating job creation and a sharp decline in manufacturing, exacerbated by a lack of key government data due to a recent shutdown.

Fed Dynamics and the Future of the Chairmanship
Despite the market impact of the Fed’s cut, the Federal Open Market Committee (FOMC) did not explicitly commit to further cuts for the next year, stating it will “carefully assess incoming data, the evolving outlook, and the balance of risks.”

However, the FOMC did confirm that it will resume buying short-term Treasury securities “as needed to maintain an ample supply of reserves.” This decision was not unanimous; two members voted in favor of keeping rates unchanged, and another advocated for a larger cut.

This dissent reflects the difficulty the Fed faces in balancing the risks of still “sticky” inflation with the need to prevent a prolonged recession caused by a declining labor market.

Political uncertainty adds to the equation, as Fed Chair Jerome Powell’s term expired in May, and President Donald Trump is evaluating his replacement. The President signaled that a candidate’s willingness to immediately cut interest rates serves as a litmus test.

There is a favorite to fill the position: National Economic Council Director, Kevin Hassett. Analysts at Compass Point suggest that a decidedly pro-crypto Fed Chair like Hassett, whose report on digital asset regulation is extensive, could “accelerate blockchain’s integration into the banking system.”

The market has priced in a 73% probability that Hassett will be nominated before March. Therefore, cryptocurrency traders must closely monitor not only the upcoming economic data but also the nomination process in Washington, as new Fed leadership could have a much greater impact on the digital asset sector.

contributor

Posted: December 11, 2025

Retail is bidding Bitcoin aggressively ahead of the FOMC—but is this exactly why greed is spiking now?

Bitcoin [BTC] traded between $92,700 and $93,000 through the session and held above the 4h EMA Ribbon. That kept the short-term bias slightly bullish. Even so, repeated rejections near $94,000 showed hesitation as buyers struggled to gain control at the first supply zone.

Source: TradingView

This zone remained a major directional pivot. A clear break above it could have opened room for continuation. By contrast, another rejection reinforced the view that momentum was fading despite retail enthusiasm.

Retail FOMO surge and sentiment shift
According to Santiment, mentions of “higher” and “above” climbed across X, Reddit, and Telegram as Bitcoin recovered from earlier weakness. Retail confidence surged as prices flattened, echoing earlier periods where FOMO spiked before corrections.

That mattered because markets often moved opposite to retail positioning. While FOMO strengthened, Bitcoin stalled instead of extending, showing that emotional buyers stepped in late as momentum cooled.

What the bearish RSI divergence suggests
RSI Divergence showed lower highs on the indicator while Bitcoin attempted to push higher. That pattern often hinted at weakening strength even when the price held key levels.

Having said that, buyers continued to react each time RSI dropped into mid-range territory. That response protected the broader structure, but it did not erase the caution implied by momentum signals.

Could a supply zone tap lift BTC?
A decisive move through $96,500 could have invalidated hesitation near $94,000 and opened the path toward a $100,000 reclaim. If buyers gained control there, the upper target near $105,000 might have come back into view.

Failure to clear the zone kept attention on nearby support. With divergence still in play, losing support would have confirmed that exhaustion outweighed retail optimism at this stage.

Final Thoughts

Bitcoin’s momentum softened near $94,000, RSI Divergence flashed early warnings, and social sentiment showed traders growing greedy as price stalled.
Until Bitcoin clears its supply zone with conviction, retail-driven optimism remains vulnerable to sharper pullbacks than expected.

2 mins mins

In Brief

Strive Inc. raises $500 million to fund Bitcoin acquisitions and business growth.

The company plans to increase its Bitcoin reserves, holding 7,525 BTC currently.

Strive’s stock offering will be managed by Cantor Fitzgerald and Barclays.

Strive Inc. has announced a $500 million stock offering to fund further Bitcoin acquisitions. The offering will involve issuing Variable Rate Series A Perpetual Preferred Stock under the ticker SATA. The proceeds from this offering will primarily be used to expand the company’s Bitcoin holdings, positioning Strive for future growth. 

This move marks a significant deepening of Strive’s commitment to Bitcoin as a central component of its corporate strategy. Currently, the company holds 7,525 BTC, making it one of the top 15 corporate Bitcoin holders (Strive, 2025).

The offering will be conducted using an at-the-market (ATM) structure, providing flexibility to raise capital gradually. Brokers, including Cantor Fitzgerald and Barclays, will manage the sale, allowing Strive to sell shares in response to market conditions (Strive, 2025). 

The ATM structure offers Strive a way to raise capital in a more controlled manner, ensuring the company can respond to prevailing market trends. This strategy mirrors the model employed by other companies heavily investing in Bitcoin, such as MicroStrategy.

Strive’s Capital Raise Signals Growing Focus on Bitcoin
The net proceeds from this offering will be directed toward the acquisition of Bitcoin and related assets. Strive also plans to use the funds for general corporate purposes, such as acquiring income-generating assets and funding working capital (Strive, 2025). 

This approach is part of Strive’s broader effort to expand its Bitcoin reserves while continuing its business development. In addition, the company is exploring the possibility of acquiring complementary businesses or technologies to further strengthen its position in the market.

Strive’s transformation into a Bitcoin-focused entity has been ongoing since its reverse merger in May 2025. As of November 2025, the company ranks as the 14th-largest corporate holder of Bitcoin, with 7,525 BTC. 

The company’s stock has risen 3.6% recently, reflecting investor confidence in Strive’s long-term strategy (Strive, 2025). With this new capital raise, Strive aims to build on its Bitcoin holdings and solidify its place in the rapidly growing cryptocurrency space.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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In a move that could signal a bullish shift for Bitcoin (BTC) and the broader cryptocurrency market, the Federal Reserve (Fed) announced a 25 basis points (bps) interest rate cut, bringing the new rate range to 3.5% to 3.75%. 

Bitcoin Poised To Surge Toward $100,000?
Kevin Hassett, the White House economic adviser and a leading candidate to become the next Fed chair, commented to the Wall Street Journal CEO Council that there is “plenty of room” for additional interest rate cuts. 

He stated, “If the data suggests that we could do it, then — like right now, I think there’s plenty of room to do it.” Hassett, who is President Donald Trump’s preferred choice for the Fed chair position after Jerome Powell’s tenure concludes, has been critical of Powell for being “too late” in lowering rates.

While the last rate cut in October had minimal impact on the Bitcoin price, analyst Michael van de Poppe believes that the current rate cut could significantly benefit the cryptocurrency. He characterized it as a “great move” for Bitcoin and noted that a breakout above $92,000 might be indicative of future bullish momentum. 

Van de Poppe expressed optimism about Bitcoin’s ability to maintain the support level between $91,500 and $92,000, suggesting that if it does, there could be a pathway for Bitcoin to approach the $100,000 mark.

Can BTC Avoid Historical 10% Decline?
Market expert Ash Crypto pointed out that historically, each of the last four times the Fed slashed rates by 25 bps, Bitcoin experienced a 5% to 10% decline shortly thereafter. Despite this pattern, Ash noted that the current market setup differs from previous scenarios, suggesting that different dynamics could be at play.

Several positive factors underpinning this optimism include the conclusion of quantitative tightening (QT) after a three-year period. Should Powell hint at the possibility of quantitative easing (QE) in his forthcoming remarks, it could spur a further bullish trend in the market. 

Additionally, with this being the third rate cut, Ash asserted that there is potential for increased liquidity to flow back into the markets, which historically benefits risk assets like Bitcoin.

The daily chart shows BTC’s price consolidation despite the Fed announcement. Source: BTCUSDT on TradingView.com
Featured image from DALL-E, chart from TradingView.com 

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Gemini is now supporting the Ripple stablecoin (RLUSD) on the XRP Ledger (XRPL). This has opened a new avenue for quicker and less expensive transfers between the two top networks. It operates using a single balance and eliminates the use of distinct wallets or concerns about settlement layers.

Is Gemini Expanding RLUSD On XRPL? 
According to the exchange, users can now deposit RLUSD on XRPL and withdraw it on XRPL or Ethereum. The update is a significant move for Ripple to enable the use of RLUSD on open networks designed for speed.

This broader adoption trend has gained considerable momentum. Recently, legal analyst Bill Morgan, outlined the recent progress of Ripple as its multi-chain RLUSD expansion strategy continues to gain momentum. XRPL enables transactions to be conducted in seconds and has low fees.

Gemini stated that this combination gives users a superior experience in faster and predictable transfers without having to spend a lot as network fees. The partnership also supports the initiatives of Ripple to expand the use of the stablecoins. This comes at a time when the market is increasingly seeking quicker settlement methods.

Gemini stated that the update was also aimed at simplifying cross-chain activity. Hence, RLUSD transfers can be seamless irrespective of the blockchain preferred by users.

It is convinced that the multiple paths of settlement in one balance would be more convenient to beginners and more experienced traders when using stablecoins. However, it is only available to Gemini customers in regions where the RLUSD integration on XRPL is available.

TL;DR

Revolut has integrated the TRON blockchain into its platform, enabling TRX staking and faster transfers for millions of European users.
The integration allows TRX staking without platform fees.
The neobank will leverage TRON’s infrastructure for fast international payments and 1:1 conversions between fiat and stablecoins.

Revolut integrated the TRON blockchain into its platform, enabling TRX staking and faster transfers for millions of European users.

The integration allows users to stake TRX directly through the app, removing typical technical barriers and providing incentives linked to TRON’s governance model. Users can participate without paying platform fees, making this one of Revolut’s most accessible blockchain rollouts to date.

Revolut to Offer TRX Staking Without Fees
The partnership also strengthens payments and remittances. TRON processes large daily volumes of stablecoins, and Revolut will use that infrastructure to execute fast, low-cost cross-border transfers, with settlement taking just seconds. This improves efficiency compared to traditional methods and reduces friction in international operations.

Another key component is fiat-to-stablecoin conversion. Revolut will offer 1:1 conversion between traditional currencies and TRON’s main stablecoins, eliminating exchange rate discrepancies that usually occur when bridging different financial systems. The neobank positions itself as a bridge between conventional financial accounts and blockchain-based payments, integrating the functionality directly into the app.

Stablecoins: The Backbone of Digital Payments
Europe’s MiCA regulatory framework has encouraged these types of collaborations. Emil Urmanshin, Revolut’s crypto lead, said the integration is part of an effort to remove geographic limitations in financial services through scalable blockchain infrastructure. Regulatory clarity allows fintechs to provide regulated crypto services, boosting user confidence and promoting widespread adoption.

TRON has expanded its technology through strategic partnerships with major crypto platforms, payment providers, and wallet services. Its goal is to strengthen its presence in the stablecoin settlement market, which is considered the backbone of digital payments. Stablecoins are moving beyond speculative tools to become practical financial infrastructure, usable in regulated markets and by all types of users.

This integration could serve as a model for other digital asset services in Europe, particularly for banks and fintechs seeking legal ways to incorporate blockchain technology into their operations

Key NotesGameStop’s $500M Bitcoin bet now sits at $519.4M.By Q2-end, the $500M investment was worth $528M.Bitcoin STH is in one of 2025’s worst loss zones.
GameStop’s Bitcoin

BTC
$94 253

24h volatility:
1.0%

Market cap:
$1.86 T

Vol. 24h:
$49.47 B

bet from earlier this year is being tested by Bitcoin’s volatility. The retailer’s Q3 report shows that its $500 million BTC purchase from May now sits at $519.4 million, after touching $528.6 million at the end of Q2.

The unrealized profit of roughly $19 million comes after an unrealized loss of $9.4 million when the leading digital asset crashed to $80K. GameStop confirmed it made no additional buys or sales during Q3.

BREAKING🚨 GameStop Posts $77.1M Q3 Profit On $821M Revenue

Bitcoin Holdings Reach $519.4M $GME pic.twitter.com/hY9pKMSwJX

— X Market News🚨 (@xMarketNews) December 9, 2025

Bitcoin’s Rally and GameStop’s Treasury Bet
Bitcoin’s surge in 2025 was a result of President Donald Trump’s pro‑crypto stance and lighter regulatory pressure. GameStop joined firms like MetaPlanet, Trump Media & Technology Group, and Strategy.

It is important to note that the largest DAT company, Strategy, is now worth less than the value of its own BTC holdings.

Interestingly, GameStop’s BTC position lost major value following the October 10 crash that wiped out about $19 billion in leveraged crypto trades.

GameStop posted adjusted earnings of $0.24 per share and beat expectations of $0.20 and far above last year’s $0.06. But revenue disappointed at $821 million compared to the forecasted $987.3 million, a 4.6% year‑over‑year decline.

Cost‑cutting powered the earnings improvement. SG&A expenses dropped to $221.4 million from $282 million last year, helping produce $52.1 million in adjusted operating income.

Short-Term Holders Seeing Worst Losses
CryptoQuant data shows short‑term holders in one of the worst loss zones of 2025. Many recent buyers are underwater, with the average recent buyer now sitting below their cost basis.

Bitcoin short-term holder realized profit and loss. | Source: CryptoQuant

That pain keeps short‑term selling pressure high and is capping Bitcoin’s attempts to break cleanly above $90,000. Analysts note that such deep‑loss phases usually appear in the later stages of corrections.

Whether traders reduce risk or use this window to build new entries depends on their tolerance for volatility, analysts said.

As reported earlier, institutional interest continues with $151 million in BTC spot ETF inflows.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn

Iren's blockbuster deal with Microsoft doesn't address the serious risks to its existing business.

Iren (IREN 5.42%) has been a massive winner over the past three years. The explosive revenue growth of 750% for the company has driven the stock price up by 3,360% during that period. The company owns and operates data centers, selling computing capacity to its customers. After focusing for years on Bitcoin (BTC 0.64%) mining, Iren is now pivoting to using its hardware to power artificial intelligence (AI) data centers.

Its new five-year, $9.7 billion contract with Microsoft is a game changer. Iren plans to expand its hardware backbone to 140,000 GPUs over the next year, which could take the company's annualized revenue run rate to $3.4 billion. That would be another explosive leap for a business that had $685 million in total revenue over the past four quarters.

Today's Change

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Current Price

$

44.30

Sounds great, right? Now, forget that stock. Here's why investors would be better served to buy Equinix (EQIX 0.84%) instead and hold onto it for the long term.

Iren's growth could fade as quickly as it arrived
The Microsoft deal suggests that Iren is poised to become the next major player in the data center space. However, there are some serious red flags to consider.

Image source: Getty Images

Iren built its business on Bitcoin mining. That represented 97% of the company's revenue in its most recent quarter. Iren is using its cash flow, along with prepayments from Microsoft and other sources, to fund its massive GPU purchases.

But Bitcoin mining requires healthy price action to be profitable, and the original crypto's price has historically been volatile: It has declined by more than 60% on several occasions throughout its existence. Moreover, it has fallen by nearly 30% from its all-time high since the start of October.

Bitcoin Price data by YCharts.

If the crypto suffers a prolonged downturn, money flowing into Bitcoin mining could slow or cease as mining becomes less profitable. The risk of Iren's core business drying up threatens both its AI expansion plans and its stock price. Given those risks, it may be wise to consider a more reliable investment, even if it offers less upside.

This leading data center landlord is doubling its capacity
Equinix is a real estate investment trust (REIT) and a leading data center builder and operator. Its buildings are designed with the latest in data center features, and it rents them to tenants that often bring their own computing hardware. That means Equinix doesn't need to invest in pricey cutting-edge GPUs. Its rental income translates into stable cash profits that Equinix distributes to investors as nonqualified dividends.

Today's Change

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Current Price

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It currently operates 273 data centers worldwide, and plans to double its capacity by 2029. Annualized gross bookings rose by 25% year over year in its most recent quarter, indicating that Equinix is clearly benefiting from AI demand. Its entrenched tenant base provides the stock with a much higher floor than Iren.

Investing ultimately boils down to personal preferences. Those who are uneasy with Iren's vulnerability to Bitcoin's volatility may want to consider Equinix as an alternative. The REIT also offers AI data center exposure, and its dependability makes it arguably the better long-term holding.

Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Equinix, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

TL;DR:

2 trillion SHIB, valued at $18.76 million, were transferred from Coinbase’s hot wallet to a single address.
The massive movement is interpreted as preparation for long-term rotation or accumulation, not an imminent sale.
The market is monitoring levels at $0.00000860, $0.00000950, and the psychological barrier of $0.00001 for a bullish breakout.

An unusual movement was detected in the Shiba Inu (SHIB) market, involving a series of on-chain transactions documented by the firm Arkham. A total of 2,204,312,787,879 SHIB, valued at approximately $18.76 million, were withdrawn from Coinbase’s “0xA9D” hot wallet and consolidated into a single destination address.

The transaction was completed in six tranches, creating a cluster of exceptional size and nature. This behavior is associated with the actions of large holders or “whales” who choose to remove assets from the exchange before a significant change in market conditions is anticipated. The on-chain action suggests that these tokens are being secured for long-term holding or controlled rotation.

Implications of Accumulation and Key Levels to Watch
The significance of this massive withdrawal lies in the destination of the tokens. The receiving wallet is new and has no history of quick cash-outs, which reinforces the interpretation that the assets are being prepared for rapid rotation or extended holding rather than an imminent sale.

This event occurs while SHIB’s general balance on Coinbase has been decreasing so far in December, increasing investor expectations about the future price of the memecoin.

Despite the optimistic on-chain action, Shiba Inu’s price remains stuck around $0.00000852, a level that has been tested multiple times by the market without a decisive break. However, bearish attempts to push the price lower have repeatedly stalled, demonstrating a notable capacity for stabilization within the range.

The current dynamic establishes clean technical levels that traders should monitor. The $0.00000860 level is crucial; maintaining it intact is necessary to preserve the chart’s ascending structure.

The first real resistance and serious target are set at $0.00000950. However, the point that would indicate a massive and consolidated change in sentiment for Shiba Inu is the psychological barrier of $0.00001.

In summary, the recent action by whales, by performing this unusual movement, reinforces the thesis that a solid base is being built for an eventual breakout. Monitoring the price fluctuation in this context will be paramount to confirming the potential bullish rally.

At the Bitcoin MENA 2025 conference held in Abu Dhabi, Michael Saylor, the founder of MicroStrategy, unveiled a bold vision for the future of finance in the Middle East, emphasizing the transformative potential of Bitcoin in fostering a digital financial revolution. Saylor, known for his enthusiastic advocacy of cryptocurrencies, proposed that Bitcoin could serve as the foundation for a new era of digital credit and digital money, potentially positioning the United Arab Emirates (UAE) as a leader in global digital banking.

During his keynote address, Saylor elaborated on how Bitcoin’s decentralized nature and robust security features make it an ideal candidate for underpinning a new digital financial system. He argued that the traditional banking systems, which are often plagued by inefficiencies and are susceptible to fraud, could be significantly enhanced through the adoption of Bitcoin. Saylor’s vision includes the integration of Bitcoin into the core financial infrastructure to enable faster, cheaper, and more secure transactions.

The UAE, with its strategic location and forward-thinking policies, is well-positioned to spearhead this digital transformation, according to Saylor. The country’s government has been proactive in embracing digital innovations, a stance evident through various initiatives aimed at fostering blockchain technology and digital finance. By capitalizing on these advancements, the UAE could create a model for other nations, driving the adoption of a Bitcoin-powered digital banking system worldwide.

Notably, the Middle East has already made strides in digital payments and blockchain technologies. The UAE, in particular, launched the Emirates Blockchain Strategy 2021 to digitize 50% of government transactions. This context provides fertile ground for Saylor’s proposal, as the region seeks to diversify its economy and reduce reliance on oil revenues.

In his speech, Saylor pointed out that the adoption of Bitcoin could lead to the democratization of finance, particularly in regions where traditional banking services are limited. By leveraging Bitcoin, individuals and businesses could access financial services that were previously out of reach, thereby fostering economic growth and inclusion. This shift could also pave the way for innovative financial products and services tailored to meet the unique needs of the region.

However, Saylor also acknowledged the potential risks and challenges associated with this transition. He noted that regulatory frameworks would need to adapt to accommodate the unique characteristics of Bitcoin and other digital currencies. Additionally, concerns about cybersecurity and the volatility of cryptocurrencies could pose significant hurdles to widespread adoption. These issues would require careful consideration and strategic planning to ensure that the digital transformation is both secure and sustainable.

The potential for Bitcoin to revolutionize the financial sector in the Middle East is substantial, but it is not without precedent. Countries like El Salvador have already embarked on similar paths, having adopted Bitcoin as legal tender. This move has sparked debates worldwide about the viability of integrating cryptocurrencies into national economic systems. While El Salvador’s experience offers valuable insights, Saylor believes that the Middle East, with its unique economic landscape and strategic vision, could chart its own course in the digital financial revolution.

Furthermore, the integration of Bitcoin into the Middle Eastern financial ecosystem could attract significant foreign investment. As international businesses and investors seek to capitalize on the benefits of a Bitcoin-based economy, the region could see increased economic activity and growth. This influx of investment could also drive technological advancements and innovation, further cementing the Middle East’s position as a leader in the digital finance space.

Nonetheless, the path to realizing this vision is fraught with challenges. One of the primary concerns is the volatility of Bitcoin, which can lead to significant fluctuations in its value. This instability poses risks for both consumers and businesses, potentially undermining confidence in a Bitcoin-based financial system. To mitigate these risks, Saylor suggested that governments and financial institutions could explore the development of stablecoins or other mechanisms to stabilize Bitcoin’s value.

Moreover, while Bitcoin’s decentralized nature offers numerous advantages, it also presents regulatory challenges. Governments would need to establish clear and consistent regulatory frameworks to oversee the use of Bitcoin and other digital assets. This includes addressing issues related to taxation, anti-money laundering, and consumer protection. Collaborative efforts between governments, financial institutions, and technology providers would be essential to navigate these complexities and ensure the successful implementation of a Bitcoin-powered financial system.

In conclusion, Michael Saylor’s vision for a Bitcoin-powered financial revolution in the Middle East presents both opportunities and challenges. While the potential benefits of enhanced security, efficiency, and financial inclusion are compelling, the path forward requires careful planning and collaboration among stakeholders. As the region continues to explore digital innovations, the success of this ambitious vision will depend on the ability of governments, businesses, and individuals to adapt to the rapidly evolving financial landscape. With the right strategies and safeguards in place, the Middle East could indeed become a global leader in digital finance, paving the way for a new era of economic growth and prosperity.

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