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According to PANews, ARK Invest CEO Cathie Wood has expressed optimism about Bitcoin's future, suggesting that institutional adoption could prevent significant price declines. In a recent interview on 'Mornings with Maria,' Wood stated that Bitcoin's role as a risk asset might disrupt its historical four-year boom-and-bust cycle, which previously saw price drops of 75% to 90%. She noted that Bitcoin's volatility is decreasing, with current declines around 30%. Despite Bitcoin's past role as a safe-haven asset during crises like the European sovereign debt crisis and the U.S. regional banking crisis, it is now exhibiting characteristics of a risk asset. Concerns persist about Bitcoin's cyclical pattern, but institutional involvement may mitigate further downturns. Wood suggested that Bitcoin's price may have bottomed out weeks ago. Over the past three months, Bitcoin has fallen by 20%, while gold prices have surged nearly 60% this year. Wood forecasts a potential reversal of this trend next year, with gold prices possibly declining and Bitcoin expected to rise. She remarked that gold currently acts as a safe-haven asset, reflecting widespread concerns as investors use it to hedge against geopolitical risks. Wood drew parallels to the period from the early 1980s to the late 1990s, when gold prices fell during a time of significant innovation, culminating in the internet era. She believes a similar scenario might unfold now, with Bitcoin continuing to thrive as a risk asset and regaining momentum.

According to Cointelegraph, Tidal Trust has submitted a regulatory filing to the U.S. Securities and Exchange Commission (SEC) proposing the listing and trading of an exchange-traded fund (ETF) that will hold Bitcoin during off-market hours. On Tuesday, Tidal Trust II filed a Form N-1A registration statement to incorporate two Nicholas Wealth Management ETFs linked to Bitcoin (BTC) into its existing fund lineup. The proposed ETFs, including the Nicholas Bitcoin and Treasuries AfterDark ETF, are designed to purchase BTC at the start of U.S. market trading hours and sell it at closing, effectively holding the cryptocurrency overnight. The SEC filing detailed that when utilizing Bitcoin Futures, the fund trades these instruments during U.S. overnight hours and closes them shortly after the market opens each day. Similarly, when using Bitcoin Underlying Funds, the fund buys securities at market close and sells them around market open, capturing any market movement during overnight hours. The asset management company outlined that the ETF would allocate its assets to U.S. Treasuries, money market funds, and other cash equivalents during daytime hours. This investment strategy aims to provide traders with indirect exposure to Bitcoin while potentially mitigating price volatility. ETF analyst Eric Balchunas commented on the filing, noting that most gains occur after hours, suggesting that the Bitcoin AfterDark ETF could yield better returns. While the filing represents a significant step, it does not guarantee SEC approval and may undergo changes. The SEC has previously approved various crypto-tied investment vehicles, including Bitcoin and Ether (ETH) futures ETFs, spot digital asset ETFs, and staked crypto ETFs. In November, spot Bitcoin ETFs listed on U.S. exchanges experienced record outflows, with approximately $4 billion withdrawn. Leading the redemptions were BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund, two of the largest ETFs in the market.

On Dec 09, 2025, 16:41 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 94,000 USDT benchmark and is now trading at 94,030.242188 USDT, with a narrowed 4.04% increase in 24 hours.

On Dec 09, 2025, 16:01 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 93,000 USDT benchmark and is now trading at 93,035 USDT, with a narrowed 3.57% increase in 24 hours.

On Dec 09, 2025, 15:45 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 92,000 USDT benchmark and is now trading at 92,055.992188 USDT, with a narrowed 2.57% increase in 24 hours.

According to Cointelegraph, Bitcoin's (BTC) Hash Ribbons metric, monitored by Capriole Investments, has issued a 'buy signal' for the fifth time in 2025. This historically reliable indicator suggests a potential buying opportunity despite recent price declines. Since the beginning of October, Bitcoin miners have increased their BTC sales, reflecting a shift in market dynamics. The cryptocurrency is currently trading between its yearly open at $93,000 and a demand zone below $90,000, indicating uncertainty among traders regarding its future price direction. The Hash Ribbons metric, known for identifying hashrate and price recovery following miner capitulations, indicates that miners are experiencing pressure. The 30-day moving average (MA) of the hashrate has fallen below the 60-day MA, signaling miner capitulation. This often aligns with significant price discounts and long-term buying opportunities. Despite the metric's impressive track record in identifying price bottoms, CryptoQuant contributor Darkfost advises caution, noting that while these periods can be bearish in the short term due to increased miner selling, they historically present strong accumulation opportunities in the long term. Throughout 2025, miners' BTC reserves have remained relatively stable, though there has been consistent selling since early October. As of Tuesday, known miner wallets held approximately 1.8 million BTC, a decrease of 5,000 BTC since October 10. Bitcoin's recent price recovery faced resistance at the yearly open of $93,300, which aligns with the 200-period simple moving average (SMA). However, support was found in the $89,000-$90,500 demand zone, where the 50 and 100 SMAs are currently positioned. For Bitcoin to break out of its current downtrend and aim for a sustained recovery toward $100,000, it must surpass the resistance at $92,000 and the 200 SMA. Cointelegraph reports that bears may attempt to push the price below the $90,000 support, potentially leading to a prolonged decline that could reach as low as $40,000. This article does not offer investment advice or recommendations. All investment and trading decisions involve risk, and readers are encouraged to conduct their own research before making any decisions.

On Dec 09, 2025, 15:03 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 91,000 USDT benchmark and is now trading at 91,177.992188 USDT, with a narrowed 0.52% increase in 24 hours.

According to BlockBeats, Bitcoin investment company Twenty One, backed by Cantor Fitzgerald and Jack Mallers, experienced a 26.42% decline in its stock price on its first day of trading on the New York Stock Exchange, currently priced at $10.5. Previously, it was reported that as part of the listing settlement process, the Twenty One Capital team plans to transfer over 43,500 bitcoins from a custodial account back to their own custody account. They will update the corresponding proof of reserves upon completion.

According to Odaily, analyst Chris Beamish shared insights on the X platform regarding the current average cost of U.S. spot Bitcoin ETFs, which is approximately $83,000. Notably, BlackRock and Fidelity have slightly lower cost prices. The sustainability of these cost levels is a point of interest.

According to BlockBeats, Bitcoin mining company IREN has finalized a refinancing transaction involving the issuance of $2.3 billion in convertible senior notes and the repurchase of $544.3 million in existing convertible bonds. The newly issued bonds consist of $1 billion notes with a 0.25% interest rate due in 2032, $1 billion notes with a 1% interest rate due in 2033, and a $300 million overallotment fully exercised to meet additional demand. IREN has also executed capped call transactions to hedge against potential equity dilution from bond conversions, providing protection at an initial price of $82.24 per share. The announcement states that, aside from standard terms related to significant changes, the notes do not include any investor put rights.

According to PANews, data from CoinGecko reveals that publicly traded companies collectively hold more than 5% of the total Bitcoin supply. Among these, Strategy stands out, possessing 3% of the total. Previously, the CEO of Strategy announced that the company plans to retain its Bitcoin holdings until at least 2065, adhering to a long-term accumulation strategy.

According to ChainCatcher, data from SoSoValue indicates that Bitcoin spot ETFs saw a total net outflow of $60.47 million on December 8, Eastern Time.The Bitcoin spot ETF with the highest single-day net inflow was Blackrock's IBIT, which recorded an inflow of $28.75 million. The historical total net inflow for IBIT has reached $62.546 billion.Conversely, Grayscale's GBTC experienced the largest single-day net outflow, amounting to $44.03 million. The historical total net outflow for GBTC stands at $25.091 billion.As of the time of reporting, the total net asset value of Bitcoin spot ETFs is $118.498 billion, with an ETF net asset ratio of 6.54% compared to Bitcoin's total market value. The cumulative historical net inflow has reached $57.557 billion.

According to ChainCatcher, a significant BTC options trade has been reported in the market. A user has purchased put options expiring at the end of January with a strike price of $90,000 and simultaneously sold put options expiring at the end of February at the same strike price, involving 375 BTC on each side. This strategy suggests the user anticipates a decline in BTC prices by the end of January, followed by a recovery above $90,000 in February. Current market conditions have exhausted most favorable factors, leading some users to bet on a downturn due to the risk of being excluded from index components at the beginning of January. However, there is also optimism for a market rebound after February.

According to BlockBeats, analyst @ali_charts has indicated that Bitcoin might be forming a bearish flag pattern, potentially leading to a decline to $70,000.

According to ChainCatcher, Grayscale has indicated that the Bitcoin pricing model driven by halving events, which shaped the cryptocurrency's early history, is losing its influence. As more Bitcoin enters circulation, the relative impact of each halving is diminishing. Grayscale notes that the current Bitcoin market is increasingly dominated by institutional capital, rather than the retail speculation that characterized previous cycles.Unlike the explosive surges seen in 2013 and 2017, Bitcoin's recent rally is more controlled. Grayscale believes the subsequent 30% correction resembles a typical bull market adjustment. Factors such as interest rate expectations, bipartisan efforts in the U.S. to advance crypto regulation, and the integration of Bitcoin into institutional investment portfolios are increasingly influencing market trends.

On Dec 09, 2025, 01:51 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 90,000 USDT and is now trading at 89,998.007813 USDT, with a narrowed 1.19% decrease in 24 hours.

According to Odaily, Jack Mallers, CEO of Twenty One Capital and founder of Strike, announced on X that the company is set to officially list on the New York Stock Exchange (NYSE) under the ticker symbol 'XXI' on December 10, Beijing time (UTC+8). As part of the listing process, the company will transfer over 43,500 bitcoins from a custodial account to self-management and will update the corresponding proof of reserves upon completion. The company emphasized that transparency will continue to be an industry standard. Previously, it was reported that Twenty One Capital moved bitcoins valued at approximately $3.94 billion to a new wallet.

According to PANews, Michael Saylor, founder and executive chairman of Strategy, is advocating for the development of digital banking systems backed by Bitcoin. Speaking at the Bitcoin MENA event in Abu Dhabi, Saylor proposed that governments could create regulated digital bank accounts using over-collateralized Bitcoin reserves and tokenized credit instruments. These accounts would offer higher yields and lower volatility, potentially attracting trillions of dollars in deposits.Saylor highlighted the low returns on bank deposits in Japan, Europe, and Switzerland, noting that euro money market funds yield around 150 basis points, while U.S. money market rates approach 400 basis points. This has led investors to turn to corporate bond markets. He outlined a structure where digital credit instruments would comprise about 80% of the fund, paired with 20% fiat currency, and include a 10% reserve buffer to reduce volatility. If offered through regulated banks, depositors could invest billions to achieve higher returns.Saylor emphasized that such accounts would be supported by digital credit with a 5:1 over-collateralization held by a financial entity. He suggested that countries offering these accounts could attract capital inflows of "$20 trillion or $50 trillion."

According to ChainCatcher, data from Coinglass indicates that if Bitcoin surpasses $94,515, the cumulative short liquidation intensity on major centralized exchanges (CEX) will reach $1.817 billion. Conversely, if Bitcoin falls below $85,587, the cumulative long liquidation intensity on these exchanges will amount to $1.332 billion.

According to BlockBeats, Bitfinex's latest report highlights that Bitcoin is experiencing a phase of weak spot demand intertwined with ongoing structural fatigue. Although the market shows signs of stabilization, it remains far from healthy recovery. Bitcoin has rebounded from recent lows but continues to fluctuate within a narrow range of $84,000 to $91,000, contrasting with the S&P 500 index nearing historical highs. This underscores Bitcoin's relative weakness and increasing decoupling from traditional risk assets. On-chain data reveals that over 7 million BTC are currently in an unrealized loss state, reminiscent of the early 2022 consolidation period. This suggests difficulty in returning to the 'real market mean,' a critical threshold distinguishing mid-cycle weakness from a full-blown bear market deterioration. Despite these challenges, capital inflows remain moderately positive, providing a slight buffer against further declines. However, spot demand has significantly worsened, with U.S. Bitcoin ETFs consistently recording outflows, a sharp decline in active buying interest, and major trading platforms showing a negative cumulative volume difference. This indicates that traders are selling on rallies rather than accumulating positions.