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.

Hong Kong plans to fold crypto assets into the OECD’s Crypto Asset Reporting Framework starting in 2028. A public consultation on CARF runs until early 2026, while the OECD and G20 target a global rollout between 2027 and 2028. Experts say enforcement and coverage beyond centralized exchanges will determine its effectiveness.

Bitcoin's price recovery toward $90,000 stalled after a rapid rejection pushed it down to around $86,500, leaving it 1.5% lower on the day and its market capitalization under $1.750 trillion. Zcash gained more than 13% to move above $500, while RAIN's roughly 10% advance brought it near $0.008, as the total crypto market value stayed above $3 trillion despite a $40 billion pullback from the recent peak.

On 18 December 2025, India's Enforcement Directorate raided 21 locations across Karnataka, Maharashtra, and Delhi in a money laundering case linked to 4th Bloc Consultants. Authorities allege the group ran a crypto investment fraud using 26 fake trading platforms, including goldbooker.com and cryptobrite.com, that promised extremely high returns. Officers seized digital devices, property documents, and bank and cryptocurrency account details as they continue tracing funds and potential victims.

SAX LLP, an accounting and advisory firm, says an unauthorized party accessed parts of its network, potentially affecting about 228,876 individuals and exposing names, Social Security numbers, dates of birth and certain financial details. Reported on December 27, 2025, regulators warned the incident could heighten risks of identity theft and financial fraud.