Bitcoin price on the morning of December 25 rose by 0.8%, holding near the $87,740 mark. Meanwhile, major altcoins showed only slight movement, while certain tokens experienced sharp price jumps.
Cryptocurrency Price Dynamics on December 25, 2025
Besides Bitcoin, Ether increased by 0.08%, BNB gained 0.33%, XRP rose by 0.83%, and SOL went up 0.4%. These movements appear moderate and do not overshadow Bitcoin's leading market attention.
Amid generally calm dynamics, Canton (CC) stood out with an 18.15% rise and Zcash (ZEC) increased by 9.85%. For comparison with previous events, see cryptocurrency news from December 24, which covered recent market anomalies.
Plans of Russian Exchanges Regarding Cryptocurrencies
The Moscow and Saint Petersburg exchanges announced their readiness to launch cryptocurrency trading following the approval of relevant regulations. The exchanges emphasized that the launch will be tied to official rule confirmation, with exact timing dependent on the regulator.
The proposed rules include a retail investor limit of 300,000 rubles per year; qualified professionals will be able to trade without annual limits except for private coins. These conditions set the framework for planning operations and trading volumes for different participant categories.
Fake CircleMetals Release
Circle denied information about launching the CircleMetals platform, which had circulated as a press release styled like the company's official materials. The false message mentioned tokens allegedly backed by gold and silver and included quotes from company leadership.
Following the denial, further checks found no public evidence supporting the existence of the mentioned assets, nor official references from Circle.
Lack of Confirmation for Tokens
Publications noted the absence of proof for the existence of GLDC, SILC, and CIRM tokens: corresponding contracts were not found on public blockchains. Additionally, no regulated platform confirmed their listing, increasing doubts about the release's authenticity.
In the absence of confirmation, it is prudent to treat such announcements cautiously and verify information through multiple independent sources before any financial response.
Introduction of EU Directive DAC8
The European Union approved the entry into force of Directive DAC8 starting January 1, 2026; the document requires crypto services to report user and transaction data to tax authorities. The requirements apply to exchanges, brokers, and other service providers, expanding information exchange among EU countries.
A transition period until July 1 is provided to align systems, giving market participants time to adapt processes and IT infrastructure to the new rules.
Anomaly in BTC/USD1 Pair
According to Binance data, on December 24 there was a sharp price spike in the BTC/USD1 trading pair: at one point, Bitcoin's price dropped to $24,111.22. The decline was brief and followed by a rapid recovery, after which the market returned to normal levels.
Such incidents highlight the importance of caution when trading certain pairs and using risk management tools—especially when working with margin or less liquid platforms.
Bybit Reserves Report
Bybit published its 29th Proof of Reserves report dated December 17. The report indicated that user BTC reserves totaled about 63,000 coins, down 5.49% from the previous report, while ETH holdings decreased by 6.67% to 537,000 ethers.
Meanwhile, the stablecoin USDT volume on the platform rose to 6.05 billion, reflected in the report as a change in reserve composition. For context on recent liquidity changes, refer to recent weekly cryptocurrency news.
Spot ETF Flows in the US
According to SoSoValue data, on December 24, Bitcoin spot ETFs recorded a net outflow of $175 million; the worst performer was BlackRock's IBIT fund. Similar Ethereum products also showed negative movement that day.
At the same time, funds focused on SOL and XRP saw net capital inflows, indicating investment redistribution across market segments.
Why This Matters
For miners in Russia, the current Bitcoin price and altcoin fluctuations determine mining profitability when selling mined coins, though short-term changes do not alter technical equipment requirements. Exchange reports and reserve movements reflect liquidity availability—important if you store coins on centralized platforms.
Regulatory news, especially regarding trading launches on Russian exchanges and the EU DAC8 directive, affect exchange operations and information sharing rules: if you trade or store assets on foreign platforms, consider the increasing volume of transmitted data and platform requirements.
What to Do?
A brief action plan for miners with 1–1000 devices in Russia—simple, practical steps to maintain asset control and comply with new market conditions.
- Check Proof of Reserves reports from exchanges where you hold funds and transfer part to cold storage if needed.
- Consider the retail investor limit of 300,000 ₽ per year when planning trades and distributing funds across accounts.
- If using foreign services, prepare complete documentation and be ready for data sharing under new EU rules (DAC8).
- Monitor anomalies on trading pairs and avoid trading on low-liquidity platforms without stop orders and risk limits.
- Back up keys, use multi-factor authentication, and keep critical funds in cold wallets.