Crypto Breaking

Bitcoin Market Stalls Amid Low Participation and Tight Liquidity

Despite Bitcoin trading near $88,000, current market dynamics indicate a subdued environment characterized by declining on-chain activity and decreasing liquidity levels. These conditions suggest a period of consolidation, with limited prospects for a decisive move above $90,000 in the near term.

Key Takeaways

Bitcoin’s network activity has diminished to its lowest levels in a year, despite the cryptocurrency’s stable price.

Exchange inflows on major platforms like Binance and Coinbase have contracted sharply, indicating tighter market liquidity.

Market participants are exercising caution, with long-term holders not rushing to sell and short-term traders refraining from aggressive accumulation.

Technical analysis points to a range-bound Bitcoin, with key support and resistance zones highlighting potential liquidity targets for both bulls and bears.

Market Overview: Declining Network Activity and Liquidity

Recent data from CryptoQuant shows a significant slowdown in Bitcoin’s network activity. The 30-day moving average of active addresses has fallen to approximately 807,000—the lowest in the last year—signaling waning participation from retail investors and short-term traders. Moreover, exchange flow metrics reinforce this sentiment, with deposit and withdrawal activity on Binance reaching annual lows. The reduced exchange activity suggests a market in a state of equilibrium, where both accumulation and distribution pressure remain subdued.

Bitcoin active addresses decline. Source: CryptoQuant

On the liquidity front, inflow data from Coinbase and Binance illustrate how trading activity has contracted. On Nov. 24, when Bitcoin was trading near $88,500, inflows totaled $21 billion on Coinbase and $15.3 billion on Binance over a week. By December 21, despite the unchanged price level, inflows had fallen sharply—down 63% on Coinbase and more modestly on Binance—highlighting a drying up of new liquidity and indicating a cautious market stance.

Related: Are altcoins coming back? Why ‘Bitcoin season’ has staying power in 2026

Technical Levels Suggest a Narrow Trading Range

From a technical standpoint, Bitcoin remains confined within a range between $85,000 and $90,000. The price is currently below the monthly volume-weighted average price (VWAP), implying a cautious, neutral bias among traders. Key liquidity zones pinpoint two critical levels: on the downside, a buy-side fair-value gap between $85,800 and $86,500 contains dense long exposure, risking about $60 million in potential liquidations should price slip into this zone. Conversely, the resistance zone between $90,600 and $92,000 holds around $70 million in short liquidation risk, poised to be a barrier to further upward movement.

Bitcoin liquidation heatmap. Source: CoinGlass

Overall, Bitcoin’s near-term trajectory will likely hinge on which side of the range it tests first, as liquidity zones above and below the current price provide potential targets for both bullish and bearish traders.

This analysis underscores a phase of market consolidation driven by reduced on-chain activity and tight liquidity, suggesting traders remain cautious as the asset consolidates within defined support and resistance thresholds.

This article was originally published as Bitcoin Stuck Below $90,000 — Key Metrics Must Shift for Breakout on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Der Binance Coin (BNB) gewinnt an Schwung nach einer Erholung aus einem genau überwachten Unterstützungsbereich, und diese Entwicklung hat die Stimmung der Large-Cap-Altcoins angehoben, da Käufer beginnen, die Kontrolle zu übernehmen.

BNB erobert entscheidende $840-$875 Akkumulationszone zurück

Laut Analysten von Altcoin Pioneers hat BNB den $840-$875 Bereich überschritten, eine Zone, die Händler für die Akkumulation beobachtet hatten. Der Schritt kam nach einem kurzen Rückgang bei niedrigem Handelsvolumen, was darauf hindeutet, dass Verkäufer nicht viel Druck ausgeübt haben.

Marktbeobachter sagen, dass der Anstieg durch stetige Käufe und nicht durch erzwungene Liquidationen angetrieben wird. BNB hat sich in den meisten Sitzungen nahe dem $850-Niveau gehalten, was darauf hindeutet, dass Käufer aktiv dieses Gebiet verteidigen.

Amplify stellt ETFs vor, die sich auf Blockchain-Innovation konzentrieren

Amplify, eine prominente Firma für digitales Asset-Management, hat zwei neue börsengehandelte Fonds (ETFs) ins Leben gerufen, die sich auf Blockchain-Projekte mit Stablecoins und Tokenisierung konzentrieren. Die ETFs, genannt Amplify Stablecoin Technology ETF (STBQ) und Amplify Tokenization Technology ETF (TKNQ), haben den Handel an der NYSE Arca aufgenommen, was einen bedeutenden Schritt in der breiten Akzeptanz von Investitionen in digitale Asset-Infrastruktur darstellt.

Die Fonds sind darauf ausgelegt, diversifizierte Indizes nachzuverfolgen, die Unternehmen umfassen, die aktiv in der Infrastruktur, Entwicklung und Einnahmen-Generierung im Bereich der Stablecoins und Tokenisierung tätig sind. Amplify betonte, dass diese Angebote in einer aufstrebenden Phase der digitalen Finanzen ankommen, die durch Fortschritte in der Blockchain-Technologie, zunehmende regulatorische Klarheit und wachsende institutionelle Beteiligung vorangetrieben wird.

Je näher Weihnachten rückt, desto ruhiger bleibt der Kryptomarkt. Der Handel während der Feiertage bringt normalerweise ein geringeres Volumen, und dieses Jahr ist keine Ausnahme. Diese Verlangsamung hat den Druck auf die meisten großen Vermögenswerte, einschließlich Ripple’s XRP, aufrechterhalten.

Bisher hat XRP keine Anzeichen einer Feiertagsrallye gezeigt. Trader bleiben vorsichtig, und die Stimmung wirkt fragil.

Am 23. Dez. war XRP in den letzten 24 Stunden um fast 3% gefallen. Käufer sind nicht mit Zuversicht eingestiegen. Anstatt eines Rückpralls bleibt der Preis in einer engen Spanne stecken und zeigt eher Zögern als Stärke.

Der Krypto-Asset-Manager 21Shares hat eine sechste Änderung seines S-1-Registrierungsantrags bei der U.S. Securities and Exchange Commission für den vorgeschlagenen Dogecoin-ETF eingereicht. Die Einreichung bestätigt die fortwährende Absicht des Unternehmens, den Fonds zu starten, der an der Nasdaq unter dem Ticker „TDOG“ gelistet wird.

Die neueste Einreichung behält die zuvor offengelegte Verwaltungsgebühr von 0,5 % bei. Coinbase ist als Verwahrer für die Dogecoin-Bestände des Fonds aufgeführt. 21Shares enthält in diesem Update keine Gebührenbefreiung. Das Unternehmen bekräftigte auch seinen Plan, DOGE im Wert von 1,5 Millionen Dollar zu kaufen, wenn der ETF gelistet wird.

Institutionelle Abflüsse signalisieren eine vorsichtige Krypto-Stimmung

Die Kryptowährungsmärkte erleben einen bemerkenswerten Rückzug unter institutionellen Investoren, wie die anhaltenden Abflüsse aus Bitcoin- und Ether-Exchange-Traded Funds (ETFs) belegen. Laut der Analyse-Plattform Glassnode halten diese Abflüsse seit Anfang November an, was auf eine breitere Phase der Liquiditätskontraktion und nachlassendes institutionelles Engagement im Krypto-Sektor hinweist.

Wichtige Erkenntnisse

Seit Mitte Oktober sind die ETF-Zuflüsse für Bitcoin und Ether negativ geworden, was auf eine reduzierte institutionelle Teilnahme hinweist.

Bitcoin Nears $100K Adjustment When Inflation Is Considered

Despite Bitcoin reaching an all-time high of over $126,000 in October, recent analysis indicates that when adjusted for inflation, the cryptocurrency has not crossed the $100,000 threshold. Galaxy Research’s head of research, Alex Thorn, explains that accounting for inflation in 2020 dollars reveals Bitcoin’s true inflation-adjusted peak was below this benchmark.

Key Takeaways

Bitcoin’s nominal peak surpassed $126,000 in October 2023.

Adjusted for inflation, Bitcoin’s highest value in 2020 dollars was approximately $99,848.

The Consumer Price Index indicates a 2.7% inflation increase over the past year, diminishing the dollar’s purchasing power.

The US dollar has lost about 20% of its value since 2020, impacting how Bitcoin’s value is perceived in real terms.

Tickers mentioned: Bitcoin

Sentiment: Neutral

Price impact: Negative. When considering inflation, Bitcoin’s real value did not reach the six-figure mark, highlighting the importance of inflation-adjusted analysis.

US Inflation and Dollar Deterioration

According to official data, the Consumer Price Index—a measure of inflation based on the cost of a basket of goods—showed a 2.7% increase over the last year. This modest rise, however, belies the broader loss of purchasing power of the US dollar, which has declined by approximately 20% since 2020. Consequently, while Bitcoin’s nominal price soared, its inflation-adjusted value tells a different story.

Bitcoin’s nominal price did not translate to a six-figure valuation in inflation-adjusted terms. Source: Galaxy Research

The US Dollar’s Decline Continues

In 2025, the US dollar index (DXY) has fallen approximately 11% since the start of the year, reaching a three-year low of 96.3 in September and continuing its downtrend since October 2022. This decline has fuelled the “debasement trade,” where investors rotate into assets they believe will retain or increase in value as fiat currency loses purchasing power.

As dollar weakness persists, many anticipate that cryptocurrencies like Bitcoin could benefit from the ongoing devaluation, positioning them as potential hedges against inflation and currency debasement. While Bitcoin’s nominal rally remains impressive, its real purchasing power, when adjusted for inflation, suggests a more cautious perspective on its true value in a changing macroeconomic landscape.

This article was originally published as Galaxy Reveals Bitcoin Would Never Reach $100K When Adjusted for Inflation on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Bitcoins Stabilität zum Jahresende und zukünftige Aussichten

Trotz eines enttäuschenden Jahresend-Rallys könnte die gedämpfte Leistung von Bitcoin als stabilisierender Faktor dienen, der möglicherweise die Wahrscheinlichkeit eines signifikanten Rückgangs in den ersten Monaten des nächsten Jahres verringert. Die Hauptfigur der Branche, Anthony Pompliano, schlägt vor, dass die jüngsten Preisbewegungen und die abnehmende Volatilität auf einen widerstandsfähigen Vermögenswert hinweisen, der zwar einige optimistische Ziele in diesem Jahr verpasst hat, jedoch langfristig ein starker Performer bleibt.

Wichtige Erkenntnisse

Bitcoin hat einen Rückgang von fast 7,4 % seit seinem Eröffnungspreis im Januar erlebt und wird derzeit bei etwa 87.436 $ gehandelt.

Matador Technologies Secures Regulatory Approval to Raise Up to CAD 80 Million for Bitcoin Acquisition

Matador Technologies, a prominent player in Bitcoin-focused financial services, has received approval from the Ontario Securities Commission to raise up to CAD 80 million (approximately $58.4 million). The proceeds from this offering will be directed toward increasing the company’s Bitcoin holdings, aligning with its objective of owning 1,000 Bitcoin by the end of 2026.

The company announced that it can issue various securities—including common shares, warrants, subscription receipts, debt securities, or units—over a span of 25 months. This strategic move aims to bolster its Bitcoin treasury naturally amidst market fluctuations. CEO Deven Soni emphasized the company’s commitment to increasing Bitcoin per share over time and achieving its goal of 1,000 Bitcoin within the specified timeframe.

Currently, Matador owns 175 Bitcoin, valued at around $15.3 million, placing it as the 90th largest corporate holder according to BitcoinTreasuries.NET data. The firm’s chief visionary, Mark Voss, noted that the company intends to vigilantly monitor Bitcoin’s market volatility, deploying capital strategically during optimal market cycles to maximize long-term value.

Source: Matador Technologies

Following the announcement, shares of Matador declined by 3.57%, reflecting investor caution amid broader volatility in the crypto sector. Despite increased institutional interest—over 190 publicly traded companies now hold Bitcoin—the overall market remains susceptible to fluctuations, and some firms have divested parts of their holdings to meet obligations during downturns.

Among notable examples, chipmaker Sequans sold 970 Bitcoin in early November to settle debt, diverging from its initial plan to amass 100,000 Bitcoin over five years. This illustrates ongoing strategic adjustments among corporate Bitcoin holders responding to market conditions.

Strategic Growth Plans

Matador initially announced its intention to become a Bitcoin treasury company on December 23, 2024. The firm’s ambition is to expand its Bitcoin holdings substantially, targeting an eventual reserve of roughly 6,000 BTC by 2027, which would constitute about 3% of Bitcoin’s fixed supply. This aligns with the aspiration of only a handful of corporate entities, including Michael Saylor’s MicroStrategy (NASDAQ: MSTR), to hold a significant proportion of Bitcoin.

As the company moves forward, its growth strategy underscores an ongoing trend among firms leveraging Bitcoin to strengthen their balance sheets and diversify asset portfolios amidst an evolving macroeconomic landscape. While challenges remain, Matador’s strategic deployment signals confidence in Bitcoin’s long-term appreciation potential.

This article was originally published as Matador Secures Regulatory Approval for $58M Share Offering on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Krypto-Derivatefirma sichert sich 35 Millionen US-Dollar an Finanzierung, was das wachsende Vertrauen in die Branche signalisiert

Brett Harrison, der ehemalige Präsident der mittlerweile nicht mehr existierenden FTX US-Börse, hat erfolgreich eine Finanzierungsrunde über 35 Millionen US-Dollar für sein neues Derivateunternehmen, Architect Financial Technologies, abgeschlossen. Die jüngste Kapitalzufuhr zeigt ein erneutes Vertrauen der Investoren in den Sektor und einen anhaltenden Appetit auf innovative Derivateinfrastruktur innerhalb der Krypto-Industrie.

Laut Berichten nutzt Harrisons Start-up die Mittel, um eine institutionelle Handelsplattform zu entwickeln, die ein umfassendes Angebot an Produkten, einschließlich Derivaten, Aktien, Futures und digitalen Vermögenswerten, anbietet. Wichtige institutionelle Akteure wie Miax, Tioga Capital, ARK Investment, Galaxy und VanEck nahmen an der Finanzierungsrunde teil. Dies folgt einer vorherigen Kapitalerhöhung von 12 Millionen US-Dollar im Jahr 2024, die von namhaften Investoren wie Coinbase Ventures, Circle Ventures und SALT Fund unterstützt wurde.

Gnosis Chain Executes Hard Fork to Recover Funds from $116 Million Balancer Exploit

In a decisive move to address a significant security breach, Gnosis Chain has implemented a hard fork aimed at recovering assets lost in a $116 million exploit targeting Balancer. The event marks a notable effort by the community and developers to mitigate the impact of one of the largest DeFi hacks in recent history.

Following a community notice on X (formerly Twitter), Gnosis announced that the hard fork was executed on Monday after a majority of validators had already adopted a soft fork in November. The initial soft fork was enacted in response to the exploit that compromised “Balancer-managed contracts on Gnosis Chain,” which led to the unauthorized transfer of millions of dollars worth of digital assets. The recent hard fork appears to have successfully placed some of these stolen funds “out of the hacker’s control,” indicating a partial recovery of assets.

Source: Gnosis Chain

“Discussions are ongoing on how users will be able to claim back their funds, as well as how contributors involved in the rescue efforts may be recognized or compensated,” stated Philippe Schommers, Gnosis’ head of infrastructure, in a Dec. 12 forum post. “Our immediate focus is on enabling the safe recovery of funds by Christmas. Once secured in a DAO-controlled wallet, we will address the next steps.”

On Nov. 3, Balancer disclosed that hackers exploited its platform for more than $116 million through a sophisticated attack on its decentralized exchange and automated market maker. Onchain data revealed that the hacker transferred a significant amount of staked Ether to a newly created wallet. Although white hat hackers recovered approximately $28 million of the stolen assets, the majority remain unaccounted for.

Despite rigorous security audits—11 in total conducted by four different firms—the breach occurred specifically within Balancer’s V2 Composable Stable Pools. The platform’s security measures failed to prevent the exploit, raising questions about the effectiveness of these audits. Balancer responded by offering a 20% bounty to white hat hackers who helped recover some of the stolen funds, but the loss underscores the ongoing challenges in securing complex DeFi protocols.

The incident highlights the persistent vulnerabilities in DeFi infrastructure and demonstrates how community-led security measures, such as forks and bounty programs, are critical tools in defending digital assets against increasingly sophisticated threats. As Gnosis continues its recovery efforts, the broader ecosystem remains vigilant against future exploits.

For more insights on blockchain security, watch this recent YouTube analysis:

This article was originally published as Gnosis Launches Hard Fork to Recover Funds After Balancer Exploit on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

US Regulatory Landscape to Evolve Significantly in 2026

Anticipating a transformative year for digital assets, industry leaders forecast substantial regulatory developments in the United States. As new policies and legislation come into effect, the crypto sector is poised for increased clarity and participation, with broader involvement from traditional financial institutions on the horizon.

Key Takeaways

Several pending bills aim to clarify digital asset regulation, with the Senate yet to vote on comprehensive legislation.

Legislation like the GENIUS Act is poised to establish stablecoin oversight, potentially accelerating institutional adoption.

Leadership shifts within the CFTC and regulatory proposals from banking authorities indicate ongoing policy evolution.

State-level initiatives, such as Texas’s Bitcoin reserve fund, signal growing acceptance and integration of cryptocurrencies in government treasuries.

Tickers mentioned: Bitcoin, Ether

Sentiment: Optimistic about regulatory clarity and institutional integration

Price impact: Neutral — regulatory progress is expected but might initially cause market volatility.

Trading idea (Not Financial Advice): Hold — awaiting clarity from regulatory developments before taking significant positions.

Market context: The legislative momentum reflects ongoing maturation of the crypto industry amidst broader financial regulation debates.

Development of Digital Asset Regulations

As of late December, the US Senate has yet to pass comprehensive legislation for digital asset regulation. The House of Representatives approved the Digital Asset Market Clarity Act (CLARITY) in July, but senators have indicated plans to amend and expand the bill before passage. Both the Senate Banking and Agriculture Committees have introduced bipartisan and partisan drafts, suggesting increased authority for the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).

Experts believe these measures could integrate public blockchains with traditional finance more seamlessly, enabling regulated trading of security tokens and on-chain issuance. The bills also emphasize expanding CFTC authority over cryptocurrencies such as Bitcoin and Ether, which are currently classified as commodities.

Legislative Efforts on Stablecoins

The GENIUS Act, signed into law by President Trump in July, marks a significant step toward stablecoin regulation. Its implementation, expected in 2026, involves regulatory agencies like the US Treasury, which have already begun seeking public comments on proposed rules. As these frameworks solidify, banks are exploring opportunities for issuing compliant stablecoins and tokenized deposits, potentially transforming payments and liquidity management — an outlook shared by industry leaders like Gracy Chen, CEO of Bitget.

Additional proposals from the Federal Deposit Insurance Corporation (FDIC) and the Treasury suggest that banking subsidiaries could issue stablecoins under new criteria, further integrating crypto into mainstream financial services.

Leadership and State Adoption

The Commodity Futures Trading Commission (CFTC) faces a leadership vacuum, with several commissioners having resigned. Nomination efforts by President Trump to appoint new leadership—potentially former SEC official Michael Selig—have advanced amid political negotiations. Meanwhile, states like Texas have pioneered crypto adoption, establishing reserves that hold Bitcoin and planning to expand holdings in 2026.

Although other states, such as Arizona and New Hampshire, have enacted similar legislation, the overall momentum indicates a broader acceptance of cryptocurrencies by government institutions, signaling a maturation of the regulatory landscape in the United States.

This article was originally published as Must-Know US Crypto Laws & Policies to Watch in 2026 on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Bitcoin steht vor kurzfristiger Schwäche angesichts divergierender Markttrends

Die Preisbewegung von Bitcoin bleibt gedämpft, während Händler sich auf weitere Rückgänge vorbereiten, wobei die Marktindikatoren erhöhte Short-Positionen und divergierende Signale von traditionellen Vermögenswerten wie Gold hervorheben. Trotz der Widerstandsfähigkeit der Kryptowährung auf wichtigen Niveaus deuten technischer Widerstand und Marktstimmung auf vorsichtige Handelsbedingungen hin.

Wichtige Erkenntnisse

Die Short-Positionen von Bitcoin nehmen zu, da Händler in der Nähe des Widerstandsniveaus von 90.000 $ zögern.

Dubai, VAE, 23. Dezember 2025: Die Commercial Bank of Dubai (CBD) hat einen neuen Maßstab für den Bankensektor der VAE gesetzt, indem sie die erste Bank im Land wurde, die Open Finance vollständig in den operativen Live-Betrieb im Rahmen der Open Finance-Initiative der Zentralbank der VAE, AlTareq, aktiviert hat.

Die Aktivierung wurde in Zusammenarbeit mit von der Zentralbank lizenzierten Drittanbietern (TPPs) geliefert, darunter Pay10 und Lean Technologies, die beide jetzt verbunden und betriebsbereit mit CBD im Rahmen des Open Finance Frameworks sind. Während der Live-Testphase arbeitete CBD eng mit seinen TPP-Partnern zusammen, um die regulatorischen, technischen und betrieblichen Anforderungen der Zentralbank der VAE zu erfüllen.

Market Overview: Altcoins Facing Bearish Sentiment as Bitcoin Gains Strength

Recent analysis indicates that the cryptocurrency market is currently dominated by bearish patterns among altcoins, with Bitcoin reasserting its influence through rising market share. The prevailing momentum suggests that the much-anticipated “altcoin season” remains largely elusive as institutional and retail investors favor Bitcoin amidst ongoing market corrections.

Key Takeaways

The SuperTrend indicator signals a bearish trend, historically preceding significant declines in altcoin market capitalization.

Bitcoin dominance continues to rise, indicating a shift in investor preference toward Bitcoin over altcoins.

Altcoin market capitalization has declined markedly, falling over 30% from its peak in October, breaking key support levels.

Current market indicators suggest a prolonged period of Bitcoin strength, with little immediate sign of an altcoin rally.

Decline in Altcoin Market Capitalization

The overall market cap of altcoins, excluding Bitcoin, has been on a downward trajectory since peaking in October. Data from TradingView shows that the total cap for all altcoins has dropped by approximately 32%, now standing at around $1.19 trillion — a significant retreat from its all-time high of $1.77 trillion.

This decline has pushed the altcoin market cap below critical support levels, including the 50-week exponential moving average (EMA), signaling increased bearish momentum. Technical indicators, such as the SuperTrend, have flipped to a bearish stance, once again highlighting the risk of substantial corrections—historically corresponding to drops of over 66% during past bear markets in 2018 and 2022.

The dominant trend remains downwards as altcoins continue to consolidate within an ascending triangle pattern, with support at approximately $1.15 trillion. Analyst Merlijn The Trader warns that a breakout below this level could trigger a further 30% decline, potentially pushing the market cap down to roughly $830 billion. Such signals suggest that a genuine altcoin season remains unlikely until resistance levels at around $1.68 trillion are convincingly broken.

Total crypto market cap excluding Bitcoin. Source: TradingView

Crypto trader CryptoDaddi asserts that the era of an overarching altcoin rally has ended, emphasizing that future gains will be concentrated in a select few altcoins rather than broad market gains. There will NEVER be another Rising Tides rally where everything pumps. Ever.

Bitcoin Dominance Strengthens

Bitcoin’s (BTC) market dominance continues to grow, reflecting a market shift driven by institutional adoption and regulatory clarity. After peaking over 65% in June, Bitcoin dominance dipped temporarily but has since resumed its upward trend, currently around 59.3%, indicating sustained investor confidence.

The resilience of Bitcoin’s market share is underpinned by increased inflows from institutional players such as BlackRock and Fidelity, which view Bitcoin as a safer, more liquid asset in comparison to altcoins. The recent success of Bitcoin exchange-traded funds (ETFs) has drawn billions of dollars, further reinforcing Bitcoin’s dominance in the crypto space.

Market analyst CyrilXBT notes that Bitcoin’s higher lows and rising market share suggest that capital continues to flow into Bitcoin while altcoins lag behind. As a result, Bitcoin remains firmly in its seasonal strength phase, absorbing investor interest and capital away from altcoins.

Market Outlook

Technical measures and market breadth indicators confirm a weak outlook for altcoins in the near term. Capriole Investments’ Altcoin Speculation Index reports that only 21% of the top altcoins have outperformed Bitcoin recently. Furthermore, less than 10% of altcoins trade above their 50-day moving average, signaling widespread weakness.

The CoinMarketCap Altcoin Season Index indicates a score of just 18 out of 100—deep into a “Bitcoin season” phase, where altcoin outperformance is minimal. As market conditions favor Bitcoin, analysts agree that the likelihood of a swift altcoin rally remains low until broader resistance points are surpassed, potentially signaling a sustained period of Bitcoin dominance.

This article was originally published as Why Experts Say Altseason Won’t Return Anytime Soon on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

1. Die Umkehr

Beginnen Sie mit dem Widerspruch im Herzen von 2025: Jamie Dimon - der jahrelang Bitcoin als Betrug bezeichnete, Krypto als einen Haustierstein abtat und den Besitz mit "Ihrem Recht zu rauchen" verglich, leitet jetzt eine Bank, die stillschweigend eine Krypto-Handelsinfrastruktur aufbaut.

Der Bericht von Bloomberg am Montag beschrieb kein Nebenerlebnis. Er beschrieb die größte Bank in Amerika, die Spot- und Derivatefähigkeiten aufbaut, die genau die Instrumente sind, die Dimon als nutzlos bezeichnete.

Setzen Sie in den Kontext, dass dies keine plötzliche Epiphanie ist. JPMorgan (NYSE: JPM) hat seit über einem Jahr eine stille strategische Wende signalisiert:

We met Efe Kelemci, co-founder of Crypto Kid, during Bitcoin MENA in Abu Dhabi, where he spoke on the panel “The Gen Z Awakening” (Proof of Work Stage, Tuesday, December 9, 2025, 3:00–3:30 pm), alongside Madeline Morning (Moderator), Rohan Hirani (BitcoinQuant), and Fin Creighton (Bitcoin Success School).

Kelemci is a teen Bitcoiner, macro analyst, and educator who started exploring crypto at 12 while still in school in the UAE. Today, he helps run Crypto Kid, a channel that’s grown into a community of more than 100,000 followers combined.

A few days after the conference, we sat down in Efe’s studio at The Moon’s office in Dubai Media City for an audio interview. What follows is an edited, narrative-style Q&A, built from that conversation.

Listen to the full interview (audio): You can also hear the complete conversation on our YouTube channel here: https://youtu.be/QyopSq4_UlM

From musical theatre to markets

Before crypto, Kelemci’s world revolved around performance. He was a musical theatre and voice actor from a young age, and he loved the adrenaline of being on stage.

He also noticed something early: creative work was demanding, and often financially uncertain.

He recalls looking at friends pursuing drama school and auditions, working hard but not getting paid well. That pushed him to think differently. If he wanted long-term independence, he would need “a business, an income, the capability of investing and producing.”

Then the pandemic hit, and everything paused.

With shows stopped, he started searching YouTube for finance videos, curious about how to invest the money he had made from voice acting. That led him to macro voices and crypto research, and to the moment that pulled him into the rabbit hole.

“I found an analyst by the name of Raoul Pal… he was talking about Ethereum… and that immediately took my interest. I fell into the rabbit hole of cryptocurrency.”

He discovered technical analysis, and for him it felt like the first “real” skill he could learn and apply immediately.

“My issue with school was… it’s all theory, but you can’t really use it. With technical analysis, I could learn it, apply it to the charts, trade, and make money.”

By 13, he says he was spending serious time studying charts after school. And because Dubai had an active crypto scene, he started attending meetups and conferences, often as the youngest person in the room.

That’s where the shift happened.

“I understood the importance of Bitcoin… and how Bitcoin is going to be the remedy for our broken financial system. From that point onwards, I started taking profits only in Bitcoin.”

Why money is the missing subject in school

 

Kelemci’s obsession with Bitcoin wasn’t just about price. It was about the question most people never ask until much later: what is money, really?

In his view, it’s strange that society pushes everyone toward earning money, yet rarely teaches how money works.

“If money is the ultimate goal in capitalist society, it’s strange that in school you’re not taught about money. You’re not taught on how to do your taxes… the history of money… you just have this paper that you earn and you transact with.”

He credits part of his curiosity to his family environment. His father worked in the FMCG sector and would talk about the economy and global events, which helped Efe build context and ask deeper questions.

When he did, he didn’t like what he found.

“There’s a central bank that can just press a button and print trillions… money devalues… wages go up, but not at the same pace as inflation. You end up becoming poorer and poorer.”

For him, that’s the point where Bitcoin stopped being “an investment” and became a lens on the world.

“I know that the dollar is going to collapse and I want to secure my future.”

Bitcoin as an “education tool” beyond finance

One of the most interesting parts of the conversation was how he describes Bitcoin as something bigger than money.

He claims learning Bitcoin helped him understand political and philosophical concepts too, from free-market principles to the difference between economic schools of thought.

“When I studied Bitcoin… I got the grasp of political concepts… it opened my eyes to what’s really going on in the world.”

His message is not just for young people, but also for parents.

“I strongly urge kids and parents to teach their kids about Bitcoin… you get good saving habits to hedge yourself against inflation… and it can make you become financially free at a much earlier age.”

How he’d explain Bitcoin to a complete beginner

If he had to explain Bitcoin to a 16-year-old who has never invested, Kelemci wouldn’t start with blockchain jargon. He’d start with questions.

“You go to school, you go to work, what is it that you end up working for? They’ll say money… okay, what is money? What is the history of money? What’s the dollar backed by?”

His point is simple: Bitcoin looks “obvious” only after you understand the problem.

“So many people are unaware of the problem. Bitcoin doesn’t stand out as a solution because they don’t know there’s a problem.”

He also framed it in a way young people instantly understand, using the cultural reference of “the Matrix,” that moment where you choose to see the system clearly.

“It’s shocking that the money we transact with is backed by absolutely nothing.”

Gen Z, digital money, and the freedom question

Kelemci believes younger generations are naturally more open to innovation, because they didn’t grow up locked into one “default” worldview.

“Older generations… it’s hard to escape propaganda… younger people are more pragmatic, more open to innovation.”

At the same time, he’s skeptical that most Gen Z investors truly understand what they’re buying.

“They’re buying it because it’s cool… but they don’t fully get why it can be the future.”

When the conversation moved to digital money, he made a clear distinction between systems that are merely digital, and systems that are permissionless.

“Freedom is the key word… you can use stablecoins and you can use CBDCs, but that would mean everybody knows exactly how much money you have… government entities can control exactly what you spend your money on.”

His core belief is that access to finance should not be conditional on identity or beliefs.

“No matter what you believe in… you should be able to participate in finance… if you can’t, in most cases, if you live in poverty, you can’t escape poverty.”

His Bitcoin outlook for 2026 and beyond

Kelemci follows cycles, but not in a simplistic way. He argues Bitcoin’s supply schedule matters, but that altcoins behave differently because their dynamics are tied more directly to liquidity and broader business cycles.

“Bitcoin operates in its four-year supply and demand cycles… altcoins don’t share the same economics.”

On Bitcoin for 2026, he expects volatility, but also sees macro conditions potentially reducing the chance of a deep 2021-style collapse.

“I see Bitcoin potentially dipping into the 65 to 70k range… consolidate… from Q4 onwards, we can start slowly moving up again.”

For major altcoins, his base case is higher prices, but later.

“I think altcoins will take the spotlight in 2027… they’re more sensitive to liquidity.”

Dubai’s influence: optimism, entrepreneurship, and speed

Kelemci grew up in the UAE, living in Sharjah before spending the past years in Dubai. He says the environment mattered.

“I grew up in a city… very pro entrepreneurship, very pro innovation… everybody wants to achieve more.”

For him, Dubai’s visible transformation over time reinforces a belief that rapid progress is possible, and he draws a parallel with crypto’s short history.

“In 17 years, there’s been a huge change… crypto has only been around for 17, 18 years… but it’s done wonders.”

What he wants to build next

Despite a large audience, Kelemci says most of his viewers are older than he is.

“My demographic is between 25 to 60… I don’t really get many young people watching.”

That’s what he wants to change: more youth-focused content, possibly more short-form, mixing entertainment and education.

“I want the Crypto Kid YouTube channel to become a platform for young people to learn about Austrian Economics and Bitcoin. Study money and why it’s broken. And enable them to start saving early and correctly.”

His advice to young people starts with fundamentals: invest in skills first.

“It’s very important to invest into skills and knowledge… build a business around it… with that income, put a little bit into Bitcoin for the next 20 years without selling.”

And his definition of success has matured too.

“It’s about being able to wake up, do something you enjoy, with a team or friends you enjoy working with… and make enough money to live the life you want.”

One piece of advice for young people feeling financially lost

Kelemci ended on a message that felt less like finance, more like mental health.

“Don’t drown yourself in social media content that make people appear as they’re doing insanely well… don’t compare yourself. Everybody has their own life and their own path.”

Money matters, he says, but it’s not the whole story.

“Money isn’t everything. It’s an enabler… if you can do something you truly love… I think you’ve made it.”

This article was originally published as Crypto Kid’s Efe Kelemci on Gen Z, Money, and Bitcoin on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Krypto-ETFs zeigen Anzeichen von Widerstandsfähigkeit angesichts von Marktfluktuationen

Aktuelle Entwicklungen im Sektor der börsengehandelten Fonds (ETFs) für Kryptowährungen zeigen einen vorsichtigen Optimismus, mit bemerkenswerten Verschiebungen bei den Mittelzuflüssen von Investoren über verschiedene digitale Vermögenswerte. Nach einer Phase erheblicher Abflüsse zeigen einige ETFs – darunter solche, die Ethereum und XRP verfolgen – Anzeichen von Stabilisierung und erneuertem Interesse.

Wichtige Erkenntnisse

Spot Ether-ETFs in den USA erlebten eine bemerkenswerte Erholung und verzeichneten 84,6 Millionen Dollar an Nettomittelzuflüssen nach sieben aufeinanderfolgen Tagen von Abflüssen.

Bybit kündigt schrittweisen Ausstieg aus Japan an, beschränkt neue Benutzerregistrierungen

Bybit, eine der weltweit führenden Kryptowährungsbörsen, gab Pläne bekannt, die Aktivitäten für Einwohner Japans schrittweise ab 2026 einzustellen. Dieser Schritt steht im Einklang mit den Bemühungen der Plattform, den strengen regulatorischen Rahmenbedingungen Japans gerecht zu werden, die historisch gesehen Herausforderungen für internationale Krypto-Dienste dargestellt haben. Die Börse führt einen schrittweisen Ansatz ein und implementiert schrittweise Kontobeschränkungen für japanische Benutzer, während sie von den fälschlicherweise markierten Benutzern zusätzliche Identitätsprüfungen anfordert.

Der Markt für Krypto-Derivate zeigt steigendes bullishes Sentiment vor den Jahresendbewegungen

Als das Jahr 2023 sich seinem Ende nähert, erlebt der Markt für Krypto-Derivate eine erhöhte Aktivität, was auf die Erwartung der Händler deutet, dass signifikante Preisbewegungen bevorstehen. Neueste Daten zeigen, dass das perpetuelle offene Interesse und die Finanzierungsraten steigen, was auf erhöhten Hebel und bullishes Sentiment unter den Marktteilnehmern hinweist.

Wichtige Erkenntnisse

Das perpetuelle offene Interesse stieg von 304.000 auf 310.000 Bitcoin, wobei der Preis kurzzeitig $90.000 erreichte.