According to Cointelegraph, Bitcoin's short-term holders (STHs) have demonstrated resilience despite the cryptocurrency's negative year-to-date (YTD) performance and its struggle to surpass the $100,000 mark. Throughout 2025, STHs have managed to log profits for 66% of the year, even as Bitcoin traded below its yearly opening price. The STH realized price at $81,000 has served as a pivotal sentiment marker, delineating phases of panic and recovery. Unrealized losses have narrowed from -28% to -12%, indicating a reduction in capitulation. Bitcoin's price volatility in 2025 can be attributed to the behavior of the 1–3 month STH cohort. The cryptocurrency's price has frequently interacted with its realized price, resulting in alternating periods of net-unrealized profit/loss (NUPL) profitability and losses. Early in the year, Bitcoin remained above this cost basis for nearly two months, providing STHs with sustained profits. However, a shift in February and March saw prices dip below the cohort's realized price, leading to one of the year's longest stretches of losses. Momentum shifted dramatically from late April through mid-October, with Bitcoin experiencing a 172-day period of predominantly profitable STH activity. Despite a softening broader trend, these recoveries elevated STH profitability beyond market expectations. In late October, the market fell below the realized price once more, initiating a 45-day period of STH losses coinciding with an expanding red NUPL region. The profitability of STHs in 2025 has been influenced more by Bitcoin's ability to reclaim its cost basis than by its directional trend. These repeated rebounds, even within a negative YTD environment, have allowed short-term holders to achieve a two-thirds profit ratio. As Bitcoin rebounded toward $92,500, STH unrealized losses compressed from -28% to -12%, suggesting a decrease in forced selling and emotional exhaustion. The STH realized price at $81,000 remains a psychological fulcrum, marking transitions from capitulation to stability. New investors entering the market within days to weeks are hovering near breakeven, reinforcing this stabilizing structure. If Bitcoin continues to improve STH profitability while maintaining its position above the $81,000 foundation, the late-year correction may be nearing completion, potentially setting the stage for the next expansion phase. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article.

TIX is developing a DeFi-based settlement layer for live events, using onchain tickets to unlock venue financing and simplify payouts. source: https://cointelegraph.com/news/tix-defi-onchain-settlement-live-event-ticketing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Recent on-chain signals suggest that the current phase is being shaped less by panic selling and more by deliberate positioning […] The post Bitcoin Market Enters Distribution Phase as Veteran Holders Lock In Profits appeared first on Coindoo. source: https://coindoo.com/market/bitcoin-market-enters-distribution-phase-as-veteran-holders-lock-in-profits/

Short-term Bitcoin traders were profitable for 229 days this year despite the recent 30% correction in BTC price. Will this trend carry over into 2026? source: https://cointelegraph.com/news/bitcoin-holders-were-in-profit-for-66percent-of-2025-what-will-next-year-bring?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto exchange Coinbase is set to launch its own prediction market as they surge in both popularity and scrutiny. source: https://decrypt.co/352224/coinbase-prediction-market-tokenized-equities-launch-december-17

null source: https://x.com/CoinMarketCap/status/1999576522219250094

The rejection triggered renewed selling pressure across the market, extending a broader pullback that has weighed on sentiment throughout the […] The post Bitcoin Price Faces Renewed Pressure as Analysts Flag Key Risks appeared first on Coindoo. source: https://coindoo.com/market/bitcoin-price-faces-renewed-pressure-as-analysts-flag-key-risks/

Stablecoin giant Tether has made a historic all-cash bid to acquire Juventus Football Club, attempting the most ambitious crossover between crypto and elite global sports. source: https://ambcrypto.com/crypto-buys-football-tether-makes-historic-bid-to-acquire-juventus-football-club/

DeFi proponents are pushing back against Citadel Securities' stance that the SEC should impose stricter rules on DeFi. source: https://www.theblock.co/post/382421/defi-groups-fire-back-against-citadel-securities-call-for-flawed-sec-tokenization-rules?utm_source=rss&utm_medium=rss

Phantom has expanded beyond traditional wallet functionality by integrating a new prediction trading hub directly into its app, following a partnership with Kalshi, a federally regulated event trading exchange. The feature allows users to trade on the outcomes of real-world events, ranging from sports and politics to economic data, without leaving the Phantom interface. source: https://www.ethnews.com/phantom-turns-its-wallet-into-a-regulated-prediction-trading-hub/

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What are the implications of the frequent regulatory actions taken by the US SEC and OCC? This article from Jinse Finance focuses on the recent regulatory actions of the US SEC and OCC.

Coinbase has released version 2 of the x402 protocol. This version optimizes upon version 1, expanding from a single-call payment to a unified internet payment layer.