According to Odaily Planet Daily, Jocy, founding partner of IOSG, stated on the X platform that 2025 will be the "worst year" for the crypto market. OG investors will experience three waves of selling, from March 2024 to November 2025, with long-term holders (LTH) collectively selling approximately 1.4 million BTC (worth $121.17 billion): The first wave (late 2023 - early 2024): ETF approval, BTC price rose from $25,000 to $73,000; the second wave (late 2024): Trump's election, BTC surged towards $100,000; the third wave (2025): BTC will remain above $100,000 for an extended period. Unlike the single, explosive distributions of 2013, 2017, and 2021, this time it will be a multi-wave, sustained distribution. The price of BTC has been consolidating at its high point for the past year, a situation unprecedented in the past. BTC, which has remained stagnant for over two years, has decreased by 1.6 million coins (approximately $140 billion) since the beginning of 2024. However, this risk also presents an opportunity. From an investment perspective: Short-term (3-6 months): volatile trading within the $87,000-$95,000 range, with institutions continuing to build positions; Medium-term (first half of 2026): Driven by both policy and institutional investment, with a target of $120,000-$150,000; Long-term (second half of 2026): Increased volatility, depending on election results and policy continuity.

According to Odaily Planet Daily, Maple Finance co-founder and CEO Sidney (Sid) Powell stated that in a few years, institutions will no longer distinguish between DeFi and TradeFi, and ultimately all capital market activity will take place on-chain. Blockchain will play a similar role in financial services; on-chain finance, just as the internet transformed how people shop, is the next technological layer upon which global markets will operate. Cryptocurrencies will become the infrastructure of capital markets, with most transactions using public ledgers rather than traditional systems for clearing and settlement. More debt capital markets will adopt cryptocurrency-native structures, including Bitcoin-backed mortgages and other asset-backed securities linked to cryptocurrency loans, as well as cryptocurrency credit card issuers whose receivables can be securitized and sold on the capital markets. (CoinDesk)

Huoxun Finance reported on December 21 that Jameson Lopp, co-founder of Bitcoin custody company Casa, posted on the X platform, stating, "I have been publicly discussing the risks posed by quantum computing to Bitcoin for 18 months. My main conclusion is: I sincerely hope that the development of quantum computing will stagnate or even decline, because adapting Bitcoin to the post-quantum era will be extremely difficult for many reasons. Quantum computers will not crack the Bitcoin network in the short term. We will continue to observe its development. However, a comprehensive overhaul of the Bitcoin network (and an unprecedented migration of funds) could take 5 to 10 years. We should hope for the best, but also prepare for the worst."

According to Huoxun Finance on December 21, a whale that had been shorting Bitcoin four times since March 2025 reduced its position by 20 BTC and made a profit of $465,000 20 minutes ago. It still has a short position of 550.7 BTC, worth $48.6 million, with a floating profit of $12.8 million. It earned $9.6 million in funding fees, and the total profit of the account exceeds $55.51 million.

Odaily Planet Daily reports that White House National Economic Council Director Hassett stated that the current three-month average core inflation rate is 1.6%; Trump is seeking a data-dependent candidate among the Federal Reserve Chair nominees. (Jinshi)