Polymarket Prediction: Probability of "Bitcoin December Price Dropping Below $80,000" Currently at 16%

**December 24 — Sonic Labs has updated its airdroponomics strategy, sharing key updates on token distribution and future incentives:** - Since June 19, 2025, the project has issued 1.9 billion S tokens via community governance votes to bootstrap its ecosystem. - Completed airdrop distributions include: - Season 1 (~89.5 million S) - Season 2 (~6 million S) - Kaito Campaign (~2.8 million S) - Approximately 92.2 million S tokens remain, earmarked for airdrop incentives through 2026–2027. This version aligns with U.S. quick-news conventions: concise, scannable bullet points, clear date formatting, and direct, actionable language for key details.

December 24 — CoinGecko data shows the supply of WLFI-issued stablecoin USD1 surged by over 45.6 million in just a few hours, pushing its total market cap above $2.79 billion. Earlier, Binance launched a USD1 Flexible Savings product offering an annualized interest rate of up to 20%.

December 24th — Per Alternative Data, today’s Crypto Fear & Greed Index sits at 24 (matching yesterday’s reading), so the market remains in "extreme fear" territory. Note: The index ranges from 0 to 100 and is weighted by six metrics: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%).

**CryptoQuant Research Director: Bitcoin in Bear Market Amid Weak Demand** December 24, 2024 Bitcoin is currently in a bear market, primarily driven by weak demand, CryptoQuant Research Director Julio Moreno stated Tuesday. Since 2023, Bitcoin has seen three major waves of on-chain demand, fueled by U.S. spot ETF approval, U.S. presidential election outcomes, and the "Bitcoin Treasury Company" bubble. However, demand growth has fallen below long-term trend levels since early October 2025—signaling most new demand in this cycle has been absorbed, and key price support factors are fading. In Q4 2025, U.S. spot Bitcoin ETFs turned net sellers, shedding ~24,000 BTC—sharply contrasting with strong accumulation in Q4 2024. Meanwhile, growth in addresses holding 100–1,000 BTC (largely representing ETFs and Treasury firms) is also below trend, mirroring the demand slump seen at the end of 2021 and ahead of the 2022 bear market. Bitcoin’s price has dropped below its 365-day moving

**Curve Finance CRV Allocation Proposal Fails in Governance Vote** On December 24th, Curve Finance founder Michael Egorov proposed allocating 17.45 million CRV tokens (valued at roughly $6.2 million) to Swiss Stake AG—Curve’s development company—for ecosystem growth, technical research, and ongoing updates to the lending protocol. The funds were earmarked for three key uses: software development, infrastructure and security upgrades, and supporting Swiss Stake’s core team of ~25 contributors. Planned goals included launching and scaling the new lending system Llamalend, building on-chain forex functionality, and refining Curve’s user interface (UI) and cross-chain capabilities. However, the proposal failed in voting: 54.46% of participants rejected it, while 45.54% backed it. Data shows nearly 90% of opposing votes came from addresses tied to two major DeFi protocols—Yearn Finance and Convex Finance. Community members raised critical concerns: - Fears of centralization, q

On December 24th, the Coinbase Bitcoin Premium Index has stayed in negative territory for 10 straight days, currently at -0.0648%, per data from Coinglass. **Note from BlockBeats**: The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin’s price on Coinbase (a leading U.S. exchange) and the global market average. It’s a key gauge for monitoring U.S. market capital inflows, institutional investor interest, and shifts in market sentiment. A positive premium means Coinbase’s Bitcoin price trades above the global average, typically signaling: strong U.S. market buying pressure, active inflows from institutional or compliant funds, ample USD liquidity, and broadly optimistic investor sentiment. A negative premium, by contrast, means Coinbase’s price trades below the global average—often reflecting: heavy U.S. market selling pressure, reduced investor risk appetite, heightened market risk aversion, or capital outflows.