Bit.com said it will begin winding down operations on December 27, 2025, and complete its User Asset Migration Plan to Matrixport by March 31, 2026. Under the plan, new registrations halt immediately and spot trading will end by late January 2026.

In 2025, meme coins and AI underperformed, with average YTD losses of -31.6% and -50.2%. DeFi fell -34.8% and DEX tokens declined -55.5%, while Layer 2s dropped -40.6%. In contrast, RWA gained +185.8% on average, driven by Keeta Network's 1,794.9% rally, and Layer 1s rose 80.3%.

Bit.com, a cryptocurrency derivatives platform, will begin shutting down its exchange services and migrating user assets to Matrixport on December 27, 2025. The phased wind‑down is expected to run until the end of March 2026 and will affect both derivatives and spot trading access for its global user base.

In 2025, governments shifted crypto into formal policy, led by actions outlined on December 25. The U.S. moved to a Strategic Bitcoin Reserve, the UAE enforced VARA and ADGM rules, and El Salvador kept holdings after ending legal tender, lifting reserves to roughly 7,500 BTC. Pakistan allocated 2,000 megawatts for mining, while Europe and Brazil tightened oversight, including an $18 million central bank stake in Coinbase.

Cryptocurrency exchange Bit.com announced on December 27 that it will gradually shut down operations via a three-stage plan ending on March 31, 2026. New registrations are already halted, spot trading will continue only until January 31, 2026, and cloud mining plus financial products will be settled in late January. Users are urged to withdraw or migrate assets, including via partner Matrixport, with a final withdrawal deadline through a backup station system set for March 31, 2026.

In 2025, Bitcoin and Ethereum saw sharp moves—Bitcoin fell by March, rebounded mid-year, set new highs in October, and pulled back in November; Ethereum rallied late summer but faded in Q4. Bitcoin is down around 6%, Ethereum nearly 12%, with altcoins off more than 40%. ETFs mattered more for Bitcoin, while Ethereum's demand proved fragile.

On July 12, Pump.fun completed its PUMP token sale, raising $600 million and selling out in roughly 12 minutes. World Liberty Financial, a DeFi project backed by US President Donald Trump, has amassed around $550 million from its public sale. Other 2025 raises include Monad at $217 million and MegaETH at $78 million.

On December 27, 2025, NFT sales volume edged down 0.47% to $65.58 million from $67.76 million last week. Market participation rebounded, with buyers up 26% to 292,030 and sellers up 24% to about 205,205, while transactions slipped 0.95% to 869,747. Ethereum sales fell 23.92% to $20.88 million.