Solana Ecosystem Meme Coin JELLYJELLY Continues to Surge, with a 24-hour Gain of Approximately 40%

On December 20, on-chain analytics firm CryptoQuant released a report noting Bitcoin demand growth has slowed sharply, signaling a possible bear market ahead. Since 2023, Bitcoin has seen three major on-chain demand surges—driven by the launch of a U.S. spot ETF, the U.S. presidential election outcome, and the Bitcoin Treasury Company bubble—but demand growth has lagged trend levels since early October 2025. This suggests most new demand in the current cycle has already materialized, removing a key pillar of price support. Meanwhile, the derivatives market confirms weakening risk appetite: the 365-day moving average of perpetual futures funding rates has dropped to its lowest since December 2023. Historically, such a decline reflects reduced willingness to hold long positions—a pattern typical of bear markets, not bull markets. Technically, price structure has deteriorated amid weak demand: Bitcoin has fallen below its 365-day moving average, a key long-term support level that

On December 20, the U.S. Department of Justice (DOJ) began releasing investigation documents related to the Jeffrey Epstein case. A note on the DOJ’s webpage linking to the released files states the department made "every reasonable effort" to redact victims’ personal information, but warned some details may have been inadvertently disclosed. Deputy Attorney General Branch noted in a letter to Congress that during a comprehensive file review, the DOJ identified over 1,200 victims and their family members—all associated names and identifying information have been legally removed. Earlier that day, Branch stated hundreds of thousands of documents were slated for release on the 19th, though full disclosure could still take "several weeks." (Source: CCTV)

10 hours ago on December 20th, per data from Embermonitor, a whale or institutional investor withdrew 50 million USDT from Binance Plan B, then tested a 50-USDT transfer to a target address for their planned transaction. A phisher created an address with matching first and last three digits, then sent 0.005 USDT to it. When executing the actual transfer, the whale either copied the address from recent transactions or mixed it up during the formal process—resulting in the full 50 million USDT being sent to the phisher’s lookalike address. The phisher quickly swapped the 50 million USDT for DAI (to avoid asset freezing) and converted all of it into 16,624 ETH. All these ETH were subsequently laundered via Tornado Cash.

On December 20, World Liberty Financial proposed new spending for its WLFI token, aiming to unlock up to 5% of WLFI’s total supply to support its USD1 stablecoin partnership—but the plan has sparked community backlash. Some token holders fear the move could depress WLFI’s price and hurt the roughly 80% of holders whose tokens remain locked. Supporters, however, argue the incentives will boost the ecosystem’s long-term value. World Liberty previously raised ~$550 million via its token sale, but WLFI’s price has fallen ~60% from its all-time high. (DL News)

On December 20, Galaxy Research released its 2026 annual forecast, noting Bitcoin’s market volatility in 2026 is too high to predict with precision—though the cryptocurrency still has a shot at a new all-time high this year, and could hit $250,000 by the end of 2027. Key additional forecasts include: - Stablecoin transaction volume may outpace the U.S. ACH system in 2026; - The Solana ecosystem is poised to keep expanding, with enterprise-grade public blockchains shifting from experimental use to real-world settlement; - The U.S. crypto market could see more ETF launches and increased institutional fund inflows; - On-chain payments integrating DeFi, tokenized assets, and AI will advance further—viewed as a key driver of the next phase in crypto infrastructure evolution.

Onchain Lens monitoring indicates that as of December 20, Ethena Labs has deposited 18.36 million ENA (valued at $3.75 million) to crypto exchange Bybit. Two years prior, the Ethena team withdrew 34.65 million ENA (then worth $28.25 million) from Gate.io and earned an additional 3.38 million ENA ($1.32 million) in staking rewards. The project still holds 20.118 million ENA (valued at $4.23 million) in a liquidity pool.