In a December 29, 2025 post on X, Coinbase researcher David Duong said onchain perpetual futures trading surpassed $1 trillion in monthly volume as leverage demand grew amid a muted altcoin season. Decentralized venues such as Aster and Hyperliquid gained share, and Duong highlighted equity perpetuals as a likely next growth segment for onchain derivatives.

On December 30, 2025, Robinhood's CIO Stephanie Guild told CNBC the firm's base case for the S&P 500 is around 7,500 by this time next year, implying roughly 8.5–8.7%. She cited risks including a possible government shutdown, interest rates, and the labor market, and expects broader sector participation beyond large-cap tech.

Bitcoin once more failed to hold above the $90,000 mark after a brief breakout from around $87,000, pulling back to just under $88,000 while its market cap stays near $1.750 trillion. Major altcoins such as ADA, XMR, MNT, and XLM are posting notable daily losses, whereas Canton (CC) has climbed about 7% to $0.135 and ZEC has advanced roughly 3.4% to almost $540.

Strategy's MSTR fell 2.15% to a 2025 low of $155.32 on 29 December, extending a 71% decline from its 2024 peak of $543 and returning to the $100–$180 range. Bearish factors include potential MSCI index removal and ongoing stock-funded Bitcoin purchases, while recent price targets of $465–$485 from analysts suggest lingering optimism.

On 30 December 2025, onchain indicators showed that long-term Bitcoin holders had halted their selling for the first time in about six months, after offloading roughly 500,000 BTC since mid-summer. Over the same period, large Ethereum wallets holding at least 1,000 ETH accumulated around 120,000 ETH and increased their share of the total supply to nearly 70%. Bitcoin hovered near $87,750 while Ethereum traded around $2,975, with market sentiment still cautious and US-based traders showing continued selling pressure.

After debuting on the Tokyo Stock Exchange in December, Kioxia delivered about 540% year-to-date gains in 2025, topping all MSCI World constituents. The chipmaker's market value is roughly ¥5.7 trillion ($36 billion), supported by AI-driven NAND demand and customers such as Apple and Microsoft, according to its November quarterly filing.

On December 30, 2025, perpetual futures DEX Lighter launched trading for its native Lighter Infrastructure Token (LIT) after months of building activity. The token's early price discovery saw levels around $2.80, while the platform reported about $1.4B in value locked and $4.7B in daily trading volume. LIT will distribute 25% of its total supply to point farmers based on two 2025 farming seasons, fully unlocked for trading.

On Tuesday, six Chinese companies began trading in Hong Kong after raising about HK$6.99 billion, or $900 million, through IPOs, with most opening above their offer prices. Hong Kong's equity market raised around $75 billion in 2025, the strongest since 2021. Three additional offerings totaling over HK$9 billion are slated to debut on January 8, 2026.