Bitcoin Set for Largest-Ever Options Expiry This Friday, Potentially Fueling Bitcoin Price Spike

On December 24, BlackRock strategists Amanda Lynam and Dominique Bly noted in a report that the Federal Reserve is likely to deliver only limited interest rate cuts in 2026. With 175 basis points of cumulative cuts in this cycle, the Fed is approaching neutral interest rate levels—further rate-cut room in 2026 will be very limited unless the labor market suffers a sharp deterioration. Per LSEG data, markets currently expect the Fed to cut rates twice in 2026. (FX678)

Per DL News, on December 24, Metaplanet advanced toward its goal of holding 210,000 Bitcoin by end-2027—despite mounting pressure on its Digital Asset Treasury (DAT). The firm’s Chief Strategy Officer (CSO) Dylan LeClair stated Metaplanet approved multiple equity-related proposals at a recent extraordinary general meeting (EGM). These measures will enable the company to raise capital for additional Bitcoin purchases. This move effectively lets Metaplanet use financial instruments to grow its Bitcoin position without immediately diluting existing shareholders’ stakes.

On December 24th, BlackRock has just deposited 2,292 Bitcoins (≈$199.8M) and 9,976 Ethereum (≈$29.23M) into Coinbase, per Onchain Lens monitoring data.

**Wintermute OTC Head Jake’s December 24 Social Media Post** On December 24, Wintermute OTC chief Jake took to social media to share his market take: - Most traders—especially those driven solely by profit—naturally act as trend followers. - Right now, BTC, ETH and SOL are all trading below their respective moving averages, a dynamic that’s enough to deter short-term speculators. - Conversely, if these assets reclaim key moving averages, funds will flow back systematically, and market momentum will rebound. This distills Jake’s key points into concise, American English news-alert style—clear, direct, and focused on actionable market cues.

Binance founder Changpeng Zhao (CZ) said on Binance Square on December 24 that the crypto industry should fully eliminate address poisoning attacks to protect users. All wallets should be able to easily verify if a receiving address is a poisoned address and block users from sending funds to it — this is a blockchain-based check. Additionally, industry security alliances should maintain a real-time blacklist of such malicious addresses, enabling wallets to run checks before processing transactions. Binance Wallet already implements this: users attempting to send to a malicious address will receive a warning. Finally, wallets shouldn’t display these spam transactions at all. If a transaction has an extremely low value, it should be filtered out.

On December 24, Onchain Lens data shows a crypto whale—who previously dumped 255 BTC on Hyperliquid—has fully closed short positions across BTC, ETH, and SOL, with total profits topping $3.96 million.