Fed Rate Cut and "Whipsaw" Effect in the Market The U.S. Federal Reserve cut its policy rate by 25 basis points to a range of 3.50%-3.75%, but the decision did not fully provide the relief markets expected. Following the decision, Bitcoin and Ethereum prices experienced a "whipsaw" effect—sharp and sudden price movements in both directions. The primary cause of this volatility was the "hawkish" language used by the Fed regarding future monetary policy, despite the rate cut. The decision statement emphasized that incoming data would be carefully assessed and future cuts were not guaranteed, while the split vote of 9-3 (with Governor Stephen Miran pushing for a deeper 50 basis point cut) added to the uncertainty. Additionally, the Fed announced it would restart purchasing $40 billion in Treasury bills monthly starting December 12, initiating a process termed "QE-lite." Markets are currently pricing in a 40% chance of another rate cut by March.

$112,000 Target for Bitcoin and Key Resistance Levels Analytics firm CryptoQuant forecasts that Bitcoin could reach the $112,000 level in the near term if the Fed adopts a dovish stance. However, for this rally to materialize, Bitcoin must first break through critical resistance levels at $99,000 and $102,000. The $99,000 level serves as a strong resistance in bear markets, acting as the lower band of the "Trader On-chain Realized Price." The $102,000 level represents the one-year moving average. Analysts note that reaching this target depends not only on rate cuts but also on the signals the Fed provides regarding inflation projections and the pace of cuts for 2025.

Activity in Silk Road Wallets and SEC Chair Atkins' 2026 Agenda Bitcoin wallets linked to Silk Road, one of the crypto world's oldest and darkest episodes, suddenly activated after being dormant for over a decade, moving approximately $3.14 million. While this activity created brief concerns about a supply shock, the major news came from Washington. SEC Chair Paul Atkins revealed an extremely aggressive crypto agenda for early 2026, telling market participants, "you ain't seen nothing yet." Atkins' priorities include an "innovation exemption" for crypto projects, a classification system to clarify whether tokens are securities, and rule updates under "Project Crypto" to reverse the previous administration's hostile approach.

Prediction Market and Derivatives Move from Gemini Exchange (CFTC Approval) The Winklevoss twins' crypto exchange, Gemini, scored a major regulatory victory by obtaining a "Designated Contract Market" (DCM) license from the U.S. Commodity Futures Trading Commission (CFTC). This approval allows Gemini to legally launch its prediction market, dubbed "Gemini Titan." While the platform will initially offer binary options (yes/no bets), the license paves the way for the exchange to list more complex derivative products in the future, such as crypto futures, options, and perpetual swaps. This development indicates that competition in the U.S.-based regulated crypto derivatives market is set to heat up.

Massive Ethereum Acquisition by Tom Lee and BitMine: "The Bottom is In" Tom Lee, Chairman of BitMine Immersion Technologies and a renowned strategist, announced that the company has shifted gears in its treasury strategy, stating that the Ethereum price has now bottomed. BitMine recently purchased approximately 100,000 ETH, now controlling over 3% of the total Ethereum supply, with a stated goal of reaching 5%. Lee predicts that Ethereum will experience its "1971 moment" (a turning point akin to abandoning the gold standard) in 2025 thanks to stablecoins and tokenization, and sees the price potentially hitting $9,000 in 2026. The company also decided to pay an annual dividend to shareholders, adopting a model that merges traditional finance with crypto treasury management.

a16z Crypto's Asia Expansion: Opening South Korea Office a16z Crypto, the crypto arm of one of the world's largest venture capital firms, Andreessen Horowitz, announced it will open its first Asian office in Seoul, South Korea. The firm cited the country's high on-chain activity, strong developer ecosystem, and status as the world's second-largest crypto market as reasons for choosing South Korea. SungMo Park, formerly the APAC lead at Monad, has been appointed to head the office. This move proves that even as regulatory uncertainties in the U.S. subside, major funds are not ignoring the growth potential and talent pool in the Asian market; instead, they are pursuing a global strategy by strengthening their local presence.

a16z-Backed Lead Bank Expands Stablecoin Infrastructure with Loop Crypto Lead Bank, backed by a16z, has added crypto payment infrastructure provider Loop Crypto to its "inner circle" to scale stablecoin and digital payment operations. Although Lead Bank has a 97-year history, it has pivoted to a fintech and crypto-focused structure in recent years. Through this partnership, it aims to offer faster and more efficient stablecoin payment solutions to its clients. This collaboration serves as a significant example of how traditional banking infrastructure is integrating with modern crypto payment rails and signals that institutional adoption of stablecoins is accelerating.

Fed Rate Cut and "Whipsaw" Effect in the Market The U.S. Federal Reserve cut its policy rate by 25 basis points to a range of 3.50%-3.75%, but the decision did not fully provide the relief markets expected. Following the decision, Bitcoin and Ethereum prices experienced a "whipsaw" effect—sharp and sudden price movements in both directions. The primary cause of this volatility was the "hawkish" language used by the Fed regarding future monetary policy, despite the rate cut. The decision statement emphasized that incoming data would be carefully assessed and future cuts were not guaranteed, while the split vote of 9-3 (with Governor Stephen Miran pushing for a deeper 50 basis point cut) added to the uncertainty. Additionally, the Fed announced it would restart purchasing $40 billion in Treasury bills monthly starting December 12, initiating a process termed "QE-lite." Markets are currently pricing in a 40% chance of another rate cut by March.

$112,000 Target for Bitcoin and Key Resistance Levels Analytics firm CryptoQuant forecasts that Bitcoin could reach the $112,000 level in the near term if the Fed adopts a dovish stance. However, for this rally to materialize, Bitcoin must first break through critical resistance levels at $99,000 and $102,000. The $99,000 level serves as a strong resistance in bear markets, acting as the lower band of the "Trader On-chain Realized Price." The $102,000 level represents the one-year moving average. Analysts note that reaching this target depends not only on rate cuts but also on the signals the Fed provides regarding inflation projections and the pace of cuts for 2025.

Activity in Silk Road Wallets and SEC Chair Atkins' 2026 Agenda Bitcoin wallets linked to Silk Road, one of the crypto world's oldest and darkest episodes, suddenly activated after being dormant for over a decade, moving approximately $3.14 million. While this activity created brief concerns about a supply shock, the major news came from Washington. SEC Chair Paul Atkins revealed an extremely aggressive crypto agenda for early 2026, telling market participants, "you ain't seen nothing yet." Atkins' priorities include an "innovation exemption" for crypto projects, a classification system to clarify whether tokens are securities, and rule updates under "Project Crypto" to reverse the previous administration's hostile approach.

Prediction Market and Derivatives Move from Gemini Exchange (CFTC Approval) The Winklevoss twins' crypto exchange, Gemini, scored a major regulatory victory by obtaining a "Designated Contract Market" (DCM) license from the U.S. Commodity Futures Trading Commission (CFTC). This approval allows Gemini to legally launch its prediction market, dubbed "Gemini Titan." While the platform will initially offer binary options (yes/no bets), the license paves the way for the exchange to list more complex derivative products in the future, such as crypto futures, options, and perpetual swaps. This development indicates that competition in the U.S.-based regulated crypto derivatives market is set to heat up.

Massive Ethereum Acquisition by Tom Lee and BitMine: "The Bottom is In" Tom Lee, Chairman of BitMine Immersion Technologies and a renowned strategist, announced that the company has shifted gears in its treasury strategy, stating that the Ethereum price has now bottomed. BitMine recently purchased approximately 100,000 ETH, now controlling over 3% of the total Ethereum supply, with a stated goal of reaching 5%. Lee predicts that Ethereum will experience its "1971 moment" (a turning point akin to abandoning the gold standard) in 2025 thanks to stablecoins and tokenization, and sees the price potentially hitting $9,000 in 2026. The company also decided to pay an annual dividend to shareholders, adopting a model that merges traditional finance with crypto treasury management.

a16z Crypto's Asia Expansion: Opening South Korea Office a16z Crypto, the crypto arm of one of the world's largest venture capital firms, Andreessen Horowitz, announced it will open its first Asian office in Seoul, South Korea. The firm cited the country's high on-chain activity, strong developer ecosystem, and status as the world's second-largest crypto market as reasons for choosing South Korea. SungMo Park, formerly the APAC lead at Monad, has been appointed to head the office. This move proves that even as regulatory uncertainties in the U.S. subside, major funds are not ignoring the growth potential and talent pool in the Asian market; instead, they are pursuing a global strategy by strengthening their local presence.

a16z-Backed Lead Bank Expands Stablecoin Infrastructure with Loop Crypto Lead Bank, backed by a16z, has added crypto payment infrastructure provider Loop Crypto to its "inner circle" to scale stablecoin and digital payment operations. Although Lead Bank has a 97-year history, it has pivoted to a fintech and crypto-focused structure in recent years. Through this partnership, it aims to offer faster and more efficient stablecoin payment solutions to its clients. This collaboration serves as a significant example of how traditional banking infrastructure is integrating with modern crypto payment rails and signals that institutional adoption of stablecoins is accelerating.