XRP derivatives showed a 29,668,367% liquidation imbalance, with $175,000 in long liquidations and just $588 on the short side, according to CoinGlass. On the four-hour view, the skew indicates minimal bearish participation even as price eased earlier in the session. This suggests pullbacks are being driven by long-leverage unwinds rather than new short pressure.

Crypto markets reflected a cautious tone as the Fear and Greed Index hovered near 24 and Bitcoin traded around $90,000, up about 1% over the past 24 hours. Mid-cap tokens led by Canton, Ethena and Ondo advanced, with CC at $0.074 (+19%), ENA near $0.28 (+11%) and ONDO near $0.48 (+8%) as selective rotation returned.

Binance has released interim results from an internal investigation opened after a December 7 report alleged that staff used insider information to post content on official social media for personal gain, according to the exchange. Binance said it has suspended the employees believed to be involved, contacted authorities, and will pay out a $100,000 bounty to the earliest valid reporters who used its official audit channel.

On 8 December 2025, Abu Dhabi Global Market expanded USDT's classification under its regulated framework, designating it as an Accepted Fiat-Referenced Token. The revision adds nine further networks to its scope, building on existing permissions for Ethereum, Solana and Avalanche. Regulated firms in the financial free zone can deploy USDT in supervised use cases such as settlement and asset servicing, according to ADGM.

On December 8, 2025, India’s finance ministry renewed its push for coordinated global rules on cryptocurrencies. Finance Minister Nirmala Sitharaman said authorities have uncovered more than ₹4,190 crore ($465 million) in crypto-linked crimes in recent years. She added that tax officials have identified ₹888.82 crore in undisclosed cryptocurrency income and issued over 44,000 notices to traders in Virtual Digital Assets, according to the ministry.

Pi Network’s PI token, which began trading in early 2025 and briefly reached $3, has since fallen to about $0.22, a decline of roughly 93%. An X analyst argues that defending a key support level and reigniting investor interest are essential for any rebound, while more than 183 million PI are set to be unlocked over the next 30 days, adding to potential selling pressure.

At Binance Blockchain Week 2025 in Dubai, American economist and gold advocate Peter Schiff reiterated that Bitcoin lacks intrinsic value and cannot function as sound money, he said in an interview following his gold-versus-Bitcoin debate with Binance founder Changpeng Zhao. He said BTC’s price is driven purely by speculation and has lagged gold over the past four years. Schiff contrasted Bitcoin with gold’s enduring industrial and monetary uses and likened BTC to “cigarettes of money,” arguing it would be worthless if demand vanished.

Shiba Inu’s spot trading volume on U.S. exchange Kraken jumped 2,394.51% over the past week as traders positioned around the token ahead of potential market catalysts, CoinGlass data show. SHIB is trading near $0.000008513 with weekly gains, while analysts point to shifting bid/ask dynamics and a possible accumulation phase for altcoins despite ongoing caution in the market.