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Foresight News reported, citing CryptoQuant data, that DeFi leverage is fading, with Aave's lending volume dropping by about 70% since August due to reduced risk appetite as prices decline.

According to TechFlow, on December 24, CoinDesk reported that the UK Financial Conduct Authority (FCA) has approved Avian Labs' crypto payment app Sling Money to provide crypto services in the UK, making it one of the crypto payment companies to receive regulatory support in major jurisdictions. The app is currently in closed testing in the UK and has previously obtained regulatory approval in the Netherlands and the United States.

 although Bitcoin reached a historic high of over $126,000 on October 6, it subsequently experienced a $19 billion liquidation event, and the current trading price is about $87,000. The market is divided on future trends; 50T Funds founder Dan Tapiero believes the bull market is still in the "mid-term phase," while Fidelity's research director predicts that 2026 may be a "consolidation year" for Bitcoin, with support levels between $65,000 and $75,000.Analysts point out that Bitcoin's four-year cycle is gradually evolving into a broader long-term trend driven by fundamental factors such as global liquidity and sovereign adoption. Currently, tracking data shows that most top traders hold a short-term bearish stance on mainstream cryptocurrencies.