According to Castle Labs, L1 tokens have generally performed poorly this year, with TON down 73.8%, AVAX down 67.9%, SUI down 67.3%, SOL down 35.9%, ETH down 15.3%, and HYPE down 6.5%. Only BNB and TRX recorded positive gains of 18.2% and 9.8%, respectively.

Odaily Planet Daily reports that cryptocurrency exchange Upbit has announced a temporary suspension of services on January 1, 2026, for digital asset/deposit audits and server maintenance. The schedule is as follows: Server maintenance: January 1, 2026 (Thursday) 02:00-08:00; Korean Won deposits and withdrawals suspended: January 1, 2026 (Thursday) 02:00-08:00; Digital asset deposits and withdrawals suspended: December 31, 2025 (Wednesday) 20:00 to January 1, 2026 (Thursday) 08:00.

Odaily Planet Daily reports that Hong Kong Legislative Council member Ng Kit-chung posted on the X platform: "We welcome the Hong Kong SAR Government's Financial Services and the Treasury Bureau's formal consultation on legislative proposals to promote new developments in digital asset trading and digital asset trading and custody services. This represents a further clarification of relevant digital asset regulatory activities and responds to market demands and ideas. In the past, consultations with the industry regarding the future of related over-the-counter trading and custody services have received considerable feedback. This proposed legislation will not only establish the legitimacy of encrypted and digital asset over-the-counter trading and custody services, allowing the industry to conduct business in a more compliant manner, but also combat suspected fraudulent activities using related activities as a pretext."

According to Onchain Lens monitoring, a newly created wallet withdrew a total of 50,000 ZEC tokens from Binance, worth $22.17 million.

Huoxun Finance News, December 25th - Bank of Japan Governor Kazuo Ueda stated on Thursday that the central bank is gradually approaching its 2% inflation target and reiterated its stance of seeking further interest rate hikes. In his speech, he said, "Against the backdrop of a tightening labor market, corporate wage and pricing behavior has changed significantly in recent years, and the 2% price stability target, accompanying wage growth, is steadily approaching." He expressed confidence in Japan's wage-price dynamics, noting that "the possibility of the Japanese economy returning to a so-called zero-normal state (i.e., wages and prices remaining almost unchanged) seems to have decreased significantly." Ueda stated in his speech that if economic and price forecasts meet expectations, the central bank will further adjust monetary policy. He added that adjusting monetary policy at an appropriate pace will help the central bank smoothly achieve its inflation target while promoting long-term growth and laying the foundation for businesses to build confidence in their operations.