Miners are turning off their machines: Why even new rigs can’t break even

In 2025, cryptocurrency mergers and acquisitions (M&A) reached unprecedented levels, surpassing $8.6 billion, despite ongoing market volatility and economic challenges. This surge in deal activity indicates a robust interest in the crypto sector, showcasing resilience amid external pressures.

XRP is experiencing renewed strength as traders analyze charts for a potential rally towards the $2.30 to $2.50 range, with speculation that Bitcoin's short-term performance may significantly influence this movement. Recent data shows XRP's price has stabilized around the critical $2 mark, which is pivotal for its future trajectory.

Corporate Ether acquisitions have significantly declined, with the largest corporate holder of Ethereum now acquiring billions in Ether, aiming to control 5% of the total supply. This unwinding of treasury trades represents an 80% reduction in previous activity, highlighting a shift in market dynamics.

Bitcoin's recent bull cycle has added $732 billion in new capital, transforming the market structure with increased institutional participation, reduced volatility, and enhanced liquidity. This shift marks a significant evolution in how Bitcoin is traded and perceived in the financial landscape.

Bitcoin traders are currently experiencing significant unrealized losses, marking a peak in pressure during this cycle. Analysts suggest that the recent selling pressure is only partially attributed to exchange-traded funds (ETFs), which accounted for a maximum of 3% of the decline.

Bitcoin's Bollinger BandWidth has reached record lows, signaling a potential bullish trend as it printed a classic 'green' signal in November, which historically led to a 40% price increase for BTC.

Digital asset treasury stocks experienced a significant rebound on Tuesday, with Ether-focused firms leading the gains, rising up to 12.35% as the crypto markets recovered from a recent sell-off. This recovery follows a shaky start to December, indicating a potential shift in market sentiment.

The UK has passed a significant bill that clarifies property laws for cryptocurrencies, granting them a clearer legal status. This legislation has received royal assent, marking a pivotal moment for the crypto industry in the UK as it seeks to establish a more defined regulatory framework.