Bitcoin Mining Weekly Report

1. Bitcoin market

Bitcoin Price Trend (2025/12/06 - 2025/12/12)

At this stage, the overall trend of Bitcoin is "breaking through support → range oscillation → rebound breakthrough → high-level oscillation → rapid recovery". The price range is roughly between $88,155-$ 94,444, with a fluctuation range exceeding $6,000. The intraday amplitude has significantly expanded, the market rhythm is fast, the direction is changeable, and the market sentiment is switching between hesitation and short-term optimism. As of the deadline, the price of Bitcoin is oscillating and consolidating around $92,000.

Breaking the support stage (December 6th)

On December 6th, Bitcoin continued the tail-end oscillation trend of the previous stage, quickly breaking through the previous support level of $90,000 at the beginning of the day, reaching a low of $88,155, the lowest point of this stage. The price fluctuated around the low range of $88,000-$ 89,500 throughout the day.

Cause of trend:

  1. The rebound in US Treasury yields and the strengthening of the US dollar index have put overall pressure on risk assets.
  2. After several consecutive days of market growth, concentrated profit-taking occurred.
  3. Panic release intensifies short-term downward momentum.

Range-bound bottoming phase (December 7-8)

On December 7th, the price maintained a low level of consolidation and did not break through significantly. It operated in the range of $88,500-$ 89,800 throughout the day, with a cautious sentiment.

On the afternoon of December 8th, the price began to fluctuate upwards, testing $90,000. After several failed breakthroughs during the day, it still closed at the upper edge of this range.

Cause of trend:

  1. Bottom buying is gradually emerging, and panic has eased somewhat.
  2. There are oversold repair signals at the technical level, and some funds have started bottom fishing.
  3. Wait and see before the market enters an important integer level, the direction is unclear.

Strong rebound breakthrough stage (December 9th - December 10th)

On December 9th, the price fluctuated around $90,000, but overall showed a trend of oscillating and strengthening, and closed slightly stable at the key level.

On December 10th, the market sentiment briefly warmed up, and Bitcoin ushered in a rapid upward trend, strongly breaking through the resistance zone of $91,000-93,000. The highest point reached during the day was $94,444, the highest point of this stage, and then fluctuated back to around $92,000.

Cause of trend:

  1. The Fed's December meeting cut interest rates by 25 basis points, stimulating a rapid rebound in funds
  2. Bullish sentiment briefly prevails, pushing prices up quickly
  3. The technical aspect forms a "V-shaped repair" structure, attracting momentum trading funds to follow.

High-level oscillation phase (December 11th)

On December 11th, Bitcoin fluctuated at a high level and then fell back. It fell below $90,000 multiple times during the trading session, with a low of around $89,600, indicating significant selling pressure at a high level. Some short-term funds took profits and left the market.

Cause of trend:

  1. The bullish momentum weakened, and the market entered a correction after failing to rise.
  2. High-frequency trading exacerbates volatility, and prices return to key support areas.

Quick fix phase (December 12)

On December 12th, the price rebounded quickly after a pullback the previous day, rising again to around $93,000, and then fell slightly. At the time of writing, it fluctuated and consolidated around $92,000, indicating that the market is still looking for direction.

Cause of trend:

  1. The support below is strong, and the bearish momentum is exhausted.
  2. The rebound was driven by capital replenishment, but the volume did not significantly increase, and the sustainability of the rebound remains to be confirmed.
  3. Markets remain cautious between year-end macro expectations.

2. Market dynamics and macro background

Capital flows

1. ETF fund dynamics

Bitcoin ETF fund flow this week:

December 5: + 54.80 million USD

December 8: - $60.40 million

December 9: + 151.90 million USD

December 10: + 223.50 million USD

December 11: - $154.20 million

ETF inflow/outflow data picture

The total net inflow for the week is still about 216 million US dollars, but the trend is very volatile: first a small inflow, then turned into a net outflow again, and then there were two large-scale redemptions on the 9th and 10th, and finally it was partially hedged by large redemptions on the 11th. Overall, the ETF funds changed from "continuous outflow" to "weak shock, with several large inflows in the middle", indicating that there were indeed a group of institutions that entered the market on dips around the 9th and 10th, but the large redemptions on the 11th also indicate that confidence repair is still fragile.

2.bitcoin ETF strong return, December 10th single day gold 224 million dollars hit a new high of nearly three weeks

According to data from Farside Investors, the US-listed Bitcoin ETF accumulated inflows of $223.50 million on December 10th, the strongest single-day performance in nearly three weeks. The rebound followed a period of high outflows and lackluster activity from multiple products over multiple trading days. The inflow of funds followed a period of weakening momentum, including a $195 million outflow recorded on December 4th. In the latest trading days, BlackRock's IBIT and Fidelity's FBTC respectively received $192.90 million and $30.60 million, ranking among the top. Other issuers reported flat cash flow activity, although the contributions of the two major funds were enough to push the daily total to its highest level since the end of November. This move coincided with a significant rebound in the asset price, which rose above $90,000 in Tuesday's trading session. Bitcoin ETFs faced selling pressure earlier this month, but the new inflow of funds has attracted new attention from institutional participants who are concerned about market momentum.

3. Spot Bitcoin ETFs Continue to Attract Institutional Capital, BlackRock's Outflow Data Highlights Rotation Pattern

US spot Bitcoin ETF had a net inflow of about $152 million on December 9th, maintaining stable institutional holdings. Fidelity's FBTC performed outstandingly, bringing in only $199 million in revenue, contributing most of the day's revenue. Other major issuers, including Grayscale, Bitwise, ARK Invest, Franklin Templeton, Invesco, and WisdomTree, also reported positive inflows, indicating stable investor confidence in this category. Analysts pointed out that this wave of inflows is consistent with the market price of Bitcoin holding above $92,000, indicating a renewed demand for exposure. Several market observers also pointed out that interest from pension funds and family offices is growing. Although the overall market shows inflows, BlackRock IBIT's net outflow is about $135 million. Experts attribute this shift to the rotation of products rather than the overall weakening of interest in cryptocurrency ETFs. Despite differences, total fund inflows remain stable and positive, indicating that institutions are still adjusting their positions as macroeconomic development continues. Analysts also pointed out that fund managers are rebalancing their exposure to alternative assets while maintaining cryptocurrency allocations.

4. Futures and options markets

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The interest in leverage in the future market is limited, and the outstanding contracts have not been effectively rebuilt. The financing rate is also close to neutral. These dynamics highlight a derivatives environment characterized more by caution than belief. In the perpetual market, funds remained at zero to slightly negative this week, highlighting the continued decline of speculative long positions. Traders remain balanced or defensive, with less directional pressure exerted through leverage. Due to the sluggish derivative activity, prices are more inclined towards spot flows and macro catalysts rather than speculative expansion.

In the options market, the low-key performance of Bitcoin spot is in sharp contrast to the sudden rise in short-term implied volatility, and traders are preparing for a larger trend. Interpolating implied volatility to estimate IV at fixed Delta, rather than relying on listing call-over prices, reveals a clearer structure of cross-term risk pricing. In the 20-Delta call option, the one-week term has risen by about ten volatility points compared to last week, while the long-term contract is relatively flat. The 20-Delta PUT also showed the same pattern, with short-term downward IV rising and long-term expiration date remaining silent. Overall, traders are accumulating volatility at expected pressure and are more inclined to accept convexity rather than weakening it before the FOMC meeting on December 10th.

5. The pressure on miners is rising, and large households are buying on dips

On-chain analysis pointed out that in December, on the one hand, the pressure on the miner side increased, and some miners increased selling to cover operating costs. On the other hand, whale addresses had obvious holdings and absorption actions near $90,000, forming a pulling structure of "miners selling to large buyers".

This means that the miners are still marginal sellers in the short term, bringing continuous supply to the price. However, as long as whales and institutions continue to absorb at key support levels, prices are less likely to experience a "cliff-like" decline like in November, and are more likely to evolve into a time-for-space consolidation.

Technical indicator analysis

1. Relative Strength Index (RSI 14)

Bitcoin 14th Day RSI Data Picture

The RSI at the end of this period is 49.51. Compared with the "nearly oversold" level of around 30 in the previous weeks, the RSI has clearly rebounded to near-neutral, indicating that the rebound during this period is mainly a technical repair of the previous excessive decline. After the release of selling pressure, the long and short forces have temporarily returned to relative balance.

2. Moving Average (MA) Analysis

MA5, MA20, MA50, MA100, M200 data picture

The latest moving average data shows:

  • MA5: $92,407
  • MA20: $90,809
  • MA50: $103,458
  • MA100: $110,549
  • MA200: $106,627

Current Price: $92,605

In the short term, the current price is slightly higher than MA5 and MA20, indicating that this week's rebound has pulled the price back above the 20-day moving average, and the short-term technical pressure has eased. In the medium term, the price is still significantly lower than MA50 and MA100, and these two moving averages are diverging downward, reflecting that the medium-term trend is still in a correction channel. In the long term, MA200 is still above $100,000, which means that from a longer-term perspective, the current situation is still only a deep retracement of the large-scale bull market, which has not destroyed the long-term structure. However, to restore the bullish pattern, the price needs to at least re-stand at $100,000.

3. Key support and resistance levels

The recent key support area is roughly between $88,000 and $90,000, corresponding to the previous several bottoming and rebounding positions. On the 11th, Reuters reported that Bitcoin briefly fell below $90,000, once again testing the ability of buying in this range.

The primary resistance to the upward trend is around $94,000. This price has repeatedly become a rebound high point and is close to the short-term technical resistance zone. Many institutions also see this as a watershed for "breaking through or falling back again".

If it successfully breaks through the 94,000 and stands firm, the next step will have the opportunity to impact the psychological barrier near the 100,000; if it fails to break through and falls below the 90,000 again, it is possible to re-enter the 80,000 multi-interval.

Market sentiment analysis

Fear and Greed Index Data Image

As of December 12th, the "Fear and Greed Index" is about 29 points, in the "fear" range.

Looking back at this week (December 6th to December 12th), the fear and greed indices were 22 (fear), 22 (fear), 24 (fear), 25 (fear), 30 (fear), 29 (fear), and 29 (fear), respectively. It can be seen that the overall sentiment is still in a relatively low range, but it has gradually recovered from the "extreme fear" of the previous few weeks. From December 6th to 8th, the index hovered around 25, and as the price recovered from below the 90,000, the sentiment from the 9th to the 11th slightly warmed up, slightly rising in the range of 28 to 30.

This indicates that the panic selling phase has passed, and investors' emotions have shifted from panic to hesitation. Fear has not yet subsided, but it also means that potential rebound space still exists. Once there is strong positive news or capital inflow in the future, emotional elasticity will be relatively large.

Macroeconomic background

1. JP Morgan raised Chinese stocks to "overweight" and said the recent adjustment is a good time to enter the market

On December 8th, a strategist from JPMorgan Chase once again spoke out and gave a positive evaluation of Chinese assets in 2026.

In a report released on Wednesday, Rajiv Batra, head of Asia at JPMorgan and co-head of global emerging market equity strategy, upgraded China's stock rating to "overweight" and said that the possibility of a significant increase next year is higher than potential downside risks.

Rajiv's team also stated that the recent adjustment in Chinese assets provides an attractive entry point. Against the backdrop of a significant increase in the first nine months of this year and a new high since 2021, the MSCI China Index has retreated nearly 6% in the fourth quarter.

It is worth mentioning that in early April of this year, during the market turmoil, Batra and his colleagues suggested that investors buy Chinese stocks. Since then, the MSCI China Index has risen by more than 30%. Looking ahead to next year, the JPMorgan team believes that there will be multiple factors supporting the strength of Chinese stocks next year.

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2. The United States will allow NVIDIA H200 chips to be exported to China under specific conditions, which is good for the encryption market

On December 8th, the US government announced that it will allow NVIDIA's high-performance AI chip H200 to be exported to China under the condition of "compliance review + designated customer approval + 25% surcharge". This policy is seen as a significant relaxation of the AI infrastructure supply chain, supplementing high computing resources for the Asian market.

In the crypto industry, the opening of high-end computing power means further strengthening the AI × Crypto narrative, which is expected to drive the long-term growth of smart contracts, AI agents, data center tokens, and related infrastructure projects.

Some institutions analyze that this move may enhance the market's risk appetite for technology and cryptoassets, bringing emotional support to BTC, ETH, and AI concept tokens.

3. US Treasury yields continue to rise, with the 10-year Treasury yield reaching its highest level since October 7

On December 9th, the yield of the 10-year US Treasury bond rose to about 4.17%, a new high since early October. This was mainly due to inflation data and strong employment situation weakening market expectations for future interest rate cuts, causing investors to sell bonds and push yields up.

In the current context, the bond market correction is putting pressure on traditional risk assets, and may also strengthen the demand for safe-haven or hedging alternative assets such as cryptocurrencies and physical assets.

4. The Fed cut interest rates for the third time in a row by 25 basis points. It is expected to cut interest rates only once in 2026

On December 11th, the Federal Reserve announced that it would lower the base rate by 25 basis points to the range of 3.50% -3.75%. This is the third consecutive interest rate cut by the Federal Reserve, which is in line with market expectations. However, this decision not only significantly increased internal opposition, but also the latest Fed forecast shows that there will only be one more interest rate cut in 2026, triggering a reassessment of the future policy path in the market.

The expectation of interest rate cuts in the United States is rising, and Bitcoin has ushered in a new round of funding benefits. As the United States enters a new round of interest rate cuts, market liquidity expectations have significantly improved. The decline in US interest rates means a reduction in funding costs and a relaxed financing environment, benefiting global risk assets as a whole. As a high-beta asset, the cryptocurrency market responds faster to changes in liquidity.

Institutional analysis points out that interest rate cuts usually increase the attractiveness of Bitcoin as an alternative asset. On the one hand, funds will flow from bonds and money market funds to high-growth assets; on the other hand, the expected weakness of the US dollar brought about by interest rate cuts makes BTC once again a choice to combat inflation and currency depreciation.

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4 . Policy and regulatory news

The UK government has officially recognized cryptoassets (Crypto/NFT) as private property

On December 8th, the UK government announced that it will include cryptocurrency and NFT assets in the category of private property, which is seen by many industry insiders as an important symbol of promoting the compliance status of cryptocurrency assets.

Although further refinement of regulatory details is needed, such as custody, consumer protection, cross-border enforcement, etc., this recognition provides a clear legal basis for encrypted assets, which is conducive to market confidence and capital entry.

Bringing cryptoassets into the traditional legal framework would help them gain acceptance into the mainstream financial system and increase their integration with traditional assets.

Paraguayan Congress Approves Comprehensive Tracking of Bitcoin Miners Bill

On December 9th, according to CriptoNoticias, the Paraguayan House of Representatives approved two resolutions on December 4th, requiring access to information on cryptocurrency mining activities. The resolution was proposed by MP María Constancia Benítez and aims to strengthen control, transparency, and regulation of the rapidly expanding mining industry.

According to the resolution, relevant agencies are required to submit reports within 15 days. The first resolution requires the Ministry of Industry and Trade to provide information on individuals and companies registered for Bitcoin and cryptocurrency mining; the second resolution requires the National Electricity Administration (ANDE) to provide a list of all authorized power connections for cryptocurrency mining, including the names of the responsible persons and installation locations.

According to Hashrate Index data, Paraguay currently controls about 3.9% of the world's computing power, ranking fourth in the world, second only to the United States, Russia, and China. With the energy advantage of surplus hydropower, the country has become a popular destination for international miners.

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US Senator Moreno called the encryption bill negotiations frustrating, and the legislative process was tense at the end of the year

On December 10th, according to The Block, Ohio Republican Senator Moreno stated that negotiations around the cryptocurrency market structure bill are "quite frustrating", and the Democratic and Republican parties plan to meet on Tuesday.

On Monday, at the Blockchain Association Policy Summit held in Washington, D.C., Moreno outlined the progress of discussions on what this broader bill should include. Moreno said, "I don't want to rush into a bad bill just to show that we passed some bills. It's better not to do a deal than to make a bad deal." The market structure bill versions of the two legislative bodies, the House of Representatives and the Senate, still need to be coordinated. The House of Representatives passed its version of the Clarity Act in July. Although the Senate proposal is not much different from it, it is usually harder to pass a bill in the Senate than in the House.

Previously, Republican Tim Scott, chairperson of the Senate Banking Committee, stated that it would be "feasible" for the committee to hold a bill revision hearing on December 17th or 18th. However, on Monday, Senator and Democrat Mark Warner revealed that it would be difficult to complete the bill revision hearing before the holiday, and they are still waiting for the White House to make a statement on the issue of quorum and ethics.

The UAE has issued a new central bank law that includes digital assets and DeFi in central bank regulation

On December 11th, it was reported that the UAE issued a new central bank law that includes digital assets and decentralized finance (DeFi) in the traditional banking regulatory framework.

According to Federal Decree No. 6, all cryptocurrency and blockchain organizations operating within or from the UAE must obtain a license from the Central Bank of the UAE (CBUAE), regardless of the technology used. Fines for operating without a license can reach up to 1 billion dirhams (approximately 272 million USD).

The law brings virtual assets, DeFi protocols, stablecoins, tokenized real-world assets, decentralized exchanges, wallets, cross-chain bridges, and all supported blockchain infrastructure under the jurisdiction of the central bank. The new law provides a 60-day licensing decision, risk-based capital rules, and a one-year grace period (until September 2026) for existing participants to achieve compliance.

The US House of Representatives passed the National Defense Authorization Act, but it did not include a CBDC ban, and Republican hardliners expressed dissatisfaction

On December 11th, according to Cointelegraph, the US House of Representatives passed the National Defense Authorization Act (NDAA) by a vote of 312-112 on Wednesday, but the bill did not include the previously promised ban on central bank digital currencies (CBDC), causing dissatisfaction among Republican hardliners.

Republican Congressman Keith Self posted on the X platform, stating that "conservatives were explicitly promised to include strong anti-central bank digital currency language in the NDAA, but this promise was violated." Self had submitted an amendment on Tuesday to join the CBDC ban, but the amendment failed to advance and was not voted on in the House of Representatives.

In July of this year, the Republican leadership in the House of Representatives reached an agreement with party hardliners, promising to include a CBDC ban in the defense spending bill in exchange for the latter's support for three cryptocurrency bills. Representative Marjorie Taylor Greene also criticized House Speaker Mike Johnson for not fulfilling his promise. The bill has now been sent to the Senate, striving to pass it by the end of the year. Self said he will continue to fight for a CBDC ban in the next bill that must be passed

3. Mining trends

Hash rate change

Over the past seven days, the overall hash rate of the Bitcoin network has steadily increased. This week, the hash rate has remained in the range of 854.24EH/s to 1285.30EH/s, which is relatively high.

From the trend perspective, the total network computing power of Bitcoin has always maintained a high range around 1 ZH/s, and the overall structure remains strong. Although there are frequent fluctuations in the short cycle, they are all high-level oscillations and have not shown a trend decline, indicating that the computing power base is still stable. The main changes this week are still significantly linked to the Bitcoin price. On December 5th, when BTC experienced a phased pullback, the computing power also experienced a sudden decline, reaching a low of about 854 EH/s. Subsequently, with the rapid recovery of prices, computing power also rebounded rapidly and approached the stage high of 1.36 ZH/s on December 8th, reflecting the speed of computing power recovery in the mining industry and its resilience in a high-cost environment.

Weekly Bitcoin network hash rate data

As of December 12th, the total network computing power has reached 1.09ZH/s, and the mining difficulty is 148.20T. It is expected that the next difficulty adjustment will take place on December 24th, with an estimated increase of 0.45%, and the adjusted difficulty will be about 148.85T.

Bitcoin mining difficulty data

Bitcoin hash price index

From the perspective of Hashprice per unit of computing power, the Hashrate Index data shows that as of December 12, 2025, the Hashprice is $39.24/PH/s/day. This week, the trend of Hashprice and Bitcoin price is basically consistent, showing a trend of falling behind and rising sharply to a high level.

  • December 10th: This week's high is $39.85/PH/s/day
  • December 7th: This week's low is $37.41/PH/s/day

The core driving force of Hashprice still comes from the price of Bitcoin and the demand for on-chain transactions. Judging from the trend on the 7th, the core fluctuation of Hashprice is still driven by the price of Bitcoin and the demand for on-chain transactions. Affected by the recent BTC price correction and the decrease in on-chain active level, miner profits have repeatedly rebounded weakly. At the same time, the entire network's computing power continues to rise at a high level, further compressing the profit space per unit of computing power. Nevertheless, it can be seen in the chart that there was a significant rise on Wednesday, stronger than the weekly average level, indicating that it still has some resilience in a high-volatility environment.

According to industry data, the current mining economy has entered a more tense stage: the recovery cycle of mining machines has been extended, financing costs have risen, and large mining companies have accelerated the layout of AI and high-performance computing (HPC). However, the revenue contribution of such businesses is still not enough to offset the decline in traditional mining profits.

Overall, short-term miner profits are still under pressure, and the mining ecosystem is entering a stage that emphasizes efficiency optimization, cost control, and business diversification . However, against the background of continuous new highs in computing power and institutional attention to the mining industry, the industry still has certain risk resistance and structural growth opportunities.

Hashprice data

5. Bitcoin-related news

Global Enterprise and National Bitcoin Positions (This Week's Statistics) "related content, collected and organized

1.Strategy announced that it increased its holdings of 130 bitcoins last week

On December 8th, Strategy announced that it increased its holdingsby 130 bitcoinslast week, with a total amount of about 11.7 million US dollars and an average buying price of about 89,960 US dollars.

2.BTC Treasury Company B HODL increased its holdings by 2.17 BTC, bringing its total holdings to 157.211

On December 8th, according to BTC treasury company B HODL, the company has added 2.17 BTC to its treasury. After this increase, B HODL's total holdings of Bitcoin have reached 157.211 BTC.

3.OranjeBTC increased its holdings by 7.3 BTC, bringing its total holdings to 3720.3

On December 8th, Brazilian listed company OranjeBTC announced an increase of 7.3 BTC at an average price of about 95,000 USD, with a total holding of 3,720.3 as of now, and a Bitcoin yield of 2.2% so far this year.

4. Japanese listed company Metaplanet plans to issue preference shares similar to Strategy company $STRC to increase its holdings in Bitcoin

On December 9th, according to Bitcoin Magazine, Japanese listed company Metaplanet will issue a new stock class similar to Strategy's $STRC, with plans to further purchase Bitcoin.

5. MicroStrategy increases its holdings of 10,624 BTC, bringing its total holdings to 660,624

On December 10th, according to MicroStrategy, a BTC treasury company, the company has added 10,624 BTC to its treasury. The increase cost about $962.70 million and the average transaction price was $90,615 per coin.

After this increase, MicroStrategy's total holdings of Bitcoin reached 660,624 BTC.

6. ProCap Financial increases holdings of Bitcoin to 5,000

On December 10th, ProCap Financial announced that its Bitcoin holdings will reach 5,000 in 2025, making it one of the major Bitcoin holders in the public market.

The announcement shows that the company currently has more than $175 million in cash reserves to support its bitcoin holdings strategy and business operations.

7.Canaan Technology increased its holdings of 100 BTC in November, and currently holds 1,730 BTC

On December 11th, according to PR Newswire, Nasdaq-listed Bitcoin mining company Canaan Technology released an unaudited operation report for November, which revealed that it produced 89 BTC in November and strategically increased its holdings of 100 BTC from the public market using price fluctuations. At the end of the month, the company's cryptocurrency inventory on its balance sheet reached 1,730 BTC and 3,951 ETH.

8.American Bitcoin Corp., a mining company, increased its holdings of 416 bitcoins, bringing its total holdings to 4,783

On December 11th, listed mining company American Bitcoin Corp. (NASDAQ: ABTC) announced that it has increased its holdings by 416 bitcoins since its latest disclosure. As of December 8th, 2025, the company has accumulated about 4,783 bitcoins through self-mining and strategic buying, some of which are held by custodians or pledged as collateral as part of mining machine procurement agreements.

9. Hyperscale Data increases holdings by 25 bitcoins, bringing total holdings to 451.85

On December 11th, listed company Hyperscale Data increased its holdings by 25 bitcoins, currently holding a total of 451.85 bitcoins.

10. BNB Plus spent $3 million to increase its holdings of 3,349 BNB, bringing its position to 18,840

On December 11th, according to Business Wire, BNB Plus (NASDAQ: BNBX) announced the purchase of 3,349 BNB at a price of approximately $3 million and an average price of approximately $895 per BNB, holding a total of approximately 18,840 BNB (including OBNB trust units). The company stated that it will continue to implement a revenue-oriented BNB storage strategy and connect with DeFi and Binance's native revenue opportunities.

11.21 Capital has increased its holdings of about 441 BTC in the past seven days.

On December 11th, Jack Mallers, CEO of Twenty One Capital, reiterated in a recent interview with CNBC that the company is not a Bitcoin treasury company, but a Bitcoin-native company supported by Tether and SoftBank, aiming to achieve cash flow, growth, and Bitcoin accumulation.

According to the on-chain position data of Twenty One Capital released by Jack Mallers, the company has increased its holdings of 441.25 bitcoins in the past seven days, and its current holdings have increased to 43,514.12 bitcoins.

12.Spanish listed company Vanadi Coffee increases its holdings of 10 bitcoins, bringing its total holdings to 129 BTC.

On December 11th, Spanish listed company Vanadi Coffee (VANA.MC) increased its holdings of 10 bitcoins, and currently holds a total of 129 BTC.

DWF Labs Partner: The market underestimates the future growth potential of BTC and the crypto industry

On December 8th, Andrei Grachev, a partner at DWF Labs, posted on social media, "I think we underestimated the future growth potential of Bitcoin and its industry. Considering all the positive signs such as regulation, institutional adoption, reserves, and tokenization, these potentials will continue to grow. Speculation has become complicated, but medium to long-term investment is much easier."

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Bank of America announced that it will recommend cryptoassets to wealth management clients

On December 9th, Bank of America announced that starting from January 2026, its wealth management advisors will be able to recommend cryptocurrency ETFs and products to clients, rather than just executing trades. This move expands the accessibility of cryptoassets to mainstream high net worth and institutional investors.

This represents that Bitcoin is being included in the list of formal investment allocation tools by traditional Financial Institution Groups and wealth management services, which is conducive to promoting a wider range of capital into the cryptocurrency field.

JP Morgan Predicts Bitcoin Price Could Surge to $170,000 in the Next Months

On December 9th, a strategist from JPMorgan Chase stated that if the trading trend of Bitcoin is similar to that of gold, the price of Bitcoin may reach $170,000 next year. The bank has always believed that the trading price of Bitcoin is consistent with the price trend of precious metals in the past few years.

Encryption sector rises across the board, AI sector leads by over 4%, Bitcoin (BTC) rises by 2.49%

On December 10th, according to SoSoValue data, after experiencing repeated fluctuations, various sectors of the cryptocurrency market ushered in a general rise. The AI sector led the rise by 4.46% in 24 hours. Among them, Fetch.ai (FET) rose by 9.6%, Worldcoin (WLD) rose by 6.5%, and Virtuals Protocol (VIRTUAL) rose by 5.5%.

In addition, Bitcoin (BTC) rose 2.49%, returning to 0 above $92,000; Ethereum (ETH) rose 6.21%, breaking through $3,300 at one point.

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Bitcoin to End Traditional Four-Year Cycle, Predicts Market Annual Volume to Exceed $100 billion

On December 11th, 21Shares released the 2026 Cryptocurrency Status Report, proposing multiple important predictions. The core predictions of the report include: Bitcoin will end its traditional four-year cycle and shift towards mature macro assets driven by structural capital inflows, macro adjustments, and regulatory clarity.

The global cryptocurrency ETP asset management scale will increase from over $250 billion to $400 billion, outperforming the Nasdaq 100 ETF; the supply of stablecoins will increase 3.3 times from $300 billion in 2025 to $1 trillion; the predicted annual trading volume of the market will exceed $100 billion; the total locked value of tokenized real-world assets (RWA) will increase from $35 billion to over $500 billion.

Bitcoin is expected to rise to $103,500 to $112,500 in the next month

On December 11th, Chinese crypto analyst Hanmu Xia posted, "Bitcoin had a surge early this morning, but the magnitude was not enough. From the current perspective, the rise of the 80,500 dollar is guiding the wedge. At the same time, 89,000-90,000 dollar is a relatively strong support position. The market's given rise position for the next month is 103,500-112,500 dollars. The process may still be very tortuous."

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