US Representatives Max Miller and Steven Horsford have released a discussion draft of the Digital Asset PARITY Act that would create a limited tax safe harbor for certain stablecoin payments. The bill would exempt regulated, dollar-backed stablecoin transactions under $200 from capital gains tax and offer an optional five-year deferral on staking and mining rewards. It also seeks to extend several existing securities tax rules to crypto assets and is slated to apply the stablecoin exemption to tax years beginning after December 31, 2025.

Ripple’s dispute with the SEC concluded in 2025, preserving Judge Analisa Torres’s earlier findings on XRP’s secondary‑market trading. Under the final framework, Ripple agreed to a $125 million civil penalty tied to past institutional sales. XRP briefly rallied into the $3 range before hovering near $1.93 amid mixed broader market conditions.

ETH remains below $3,000 after pronounced 2025 swings. Whales sold $360 million over the past week and spot Ethereum ETFs logged seven straight days of outflows since December 11, with net inflows down to under $12.5 billion. On-chain data shows daily new addresses spiking above 190,000 in December, hinting at returning retail interest.

On 21 December 2025, Anthony Scaramucci reiterated his long-term bullish stance on Solana, arguing at the Solana Breakpoint conference that SOL could eventually climb to $2,500 despite recent market weakness. He attributed the token's underperformance and broader altcoin slowdown in 2025 to inflation, regulatory delays, and a strong focus on stablecoins. Scaramucci stressed that any move toward this target would likely be volatile and heavily influenced by macroeconomic and regulatory developments rather than short-term hype.

On December 21, 2025, Arthur Hayes moved $3.53 million in Ethereum and sent about $1.5 million to Galaxy. He also bought 1.22 million Ethena (ENA) tokens worth roughly $257,000, citing a rotation out of ETH into high-quality DeFi names across a little more than 24 hours.

Zcash’s ZEC is stabilizing on the daily timeframe as selling pressure eases and buyers defend support near $443.43 while the price engages major resistance around $454.99. Technical indicators, including moving averages and RSI, point to a shift from bearish control toward a more neutral-to-positive structure with upside levels at $645.44 and $699.00 in focus. Order book liquidity clustered in the low $440s and $430s on the bid side and between $455 and $465 on the ask side highlights an impending decision zone for the next directional move.

Uniswap's UNI has recovered on the daily chart and is holding above short-term supports while pushing into the mid-$6s. Key levels include resistance at $6.49–$6.66 and supports at $6.25–$6.13, with liquidity clustered near $6.31, $6, $5, $6.41, and $7.00. Momentum and moving averages signal a cautious trend transition.

BNB's daily trend remains fragile, with price below the 9- and 20-day EMAs and consolidating under dynamic resistance. Momentum shows a negative MACD with a shrinking histogram and an RSI under neutral, while bid walls in the low-$830s to mid-$840s counter overhead supply around $860 and toward $900.