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The cryptocurrency market on December 18, 2025, is characterized by a mix of regulatory advancements, significant market liquidations, and cautious price movements for major assets like Bitcoin and Ethereum. Global regulatory bodies are moving towards clearer frameworks for digital assets, while price action in Bitcoin and Ethereum faces headwinds from various factors, including macroeconomic uncertainties and investor sentiment.
Regulatory Landscape Evolves Globally
2025 has emerged as a pivotal year for crypto regulation, marking a shift from enforcement-led actions to the implementation of comprehensive, upfront frameworks worldwide. Jurisdictions are now providing clearer guidance and arrangements aimed at fostering innovation while mitigating risks. This change offers both clarity and new compliance challenges for crypto companies and financial institutions operating across multiple markets.
In the United States, significant progress has been made with the passage of the GENIUS Act in July, establishing the first federal stablecoin framework. Banking regulators have also reversed previous policies, now allowing banks to offer crypto services. Discussions are ongoing in the Senate regarding a crypto market structure bill, focusing on dividing regulatory oversight between the SEC and the CFTC, and addressing decentralized finance (DeFi) and ancillary assets. A bipartisan discussion draft in the U.S. Senate aims to grant new authority to the Commodity Futures Trading Commission (CFTC) to regulate digital commodities, though the definition of these commodities still varies across proposed legislation.
The UK is also advancing its crypto regulatory regime. HM Treasury announced on December 15, 2025, the laying of the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2025. These regulations, expected to come into force from 2027, will introduce new regulated activities for cryptoassets, including operating trading platforms, issuing stablecoins, and cryptoasset staking. The Financial Conduct Authority (FCA) has concurrently opened consultations on its proposed rules and guidance for these activities, aiming to develop a competitive and sustainable UK cryptoasset sector.
Bitcoin Navigates Critical Price Zones Amid Macro Uncertainty
Bitcoin's price is currently hovering around $86,000, testing a critical support zone around $81,300. This level is considered crucial due to Bitcoin's historical correlation with global liquidity trends, which currently suggest a fair value much higher, potentially around $180,000. Despite this, Bitcoin has experienced a 5% decline year-to-date, contrasting with the S&P 500's 15% advance.
Wall Street analysts from Standard Chartered and Bernstein anticipate Bitcoin could reach $150,000 in 2026, driven by institutional adoption fueled by spot Bitcoin ETFs. However, historical patterns following halving events suggest a potential decline into late 2026 or early 2027 before a gradual rebound. Recent data shows sustained outflows from U.S.-listed spot Bitcoin ETFs, intensifying price pressure and indicating a market in consolidation.
Ethereum Faces Selling Pressure and Network Development
Ethereum has seen a notable pullback, with its price slipping under $2,900 and trading around $2,800. The network is experiencing growing sell pressure and declining on-chain activity, with weekly active addresses falling to a one-year low. Outflows from U.S. spot Ethereum ETFs, particularly BlackRock's ETHA fund, have contributed to this pressure, alongside significant liquidations of leveraged long positions.
Despite price struggles, Ethereum's execution throughput is at an all-time high following the recent Fusaka upgrade. Developers are also preparing to increase the network's gas limit from 60 million to 80 million units post-January 7 hard fork, aiming to enhance throughput and reduce transaction fees. Rollups like Base are increasingly processing more activity than Ethereum itself, solidifying Ethereum's role as a settlement layer. Institutional interest in Ethereum remains, with Bitwise projecting new highs for ETH as ETFs are expected to acquire more than 100% of its new supply by 2026.
Significant Market Liquidations and Altcoin Performance
The crypto derivatives market experienced substantial liquidations in the last 24 hours, totaling over $540.98 million, affecting more than 153,000 traders. Ethereum led these liquidations with approximately $167.27 million, followed by Bitcoin at around $159.43 million, and Solana (SOL) with about $31.15 million. These liquidations were predominantly from long positions, indicating a market correction against bullish expectations.
Beyond BTC and ETH, XRP ETFs have shown resilience, pulling in $18.99 million in net inflows and pushing total assets past the $1 billion mark. XRP has notably outperformed many altcoins this cycle. Other altcoins like Solana, Dogecoin, and Cardano are generally experiencing declines, with Dogecoin dropping over 4% in 24 hours and Cardano falling more than 3% today. The overall altcoin segment shows weak demand, with the total crypto market capitalization dropping amid sustained selling pressure across large-cap and mid-cap tokens.
Upcoming Economic Data and Events
Today, December 18, 2025, market attention is focused on the release of U.S. Consumer Price Index (CPI) data for November, which could influence the Federal Reserve's interest rate decisions and broader market sentiment. Other notable events include token unlocks for projects like Jupiter (JUP), Hyperliquid (HYPE), and LayerZero (ZRO), which could introduce further market volatility as previously locked funds become accessible.
In conclusion, the crypto market on December 18, 2025, presents a complex picture of maturing regulation, cautious but fundamentally strong long-term outlook for major assets like Bitcoin and Ethereum despite immediate price pressures, and significant short-term volatility marked by substantial liquidations. The interplay of macroeconomic factors, regulatory developments, and shifting investor sentiment will continue to shape the market's trajectory.
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What will the price of HBAR be in 2026?
In 2026, based on a +5% annual growth rate forecast, the price of Hedera(HBAR) is expected to reach $0.1116; based on the predicted price for this year, the cumulative return on investment of investing and holding Hedera until the end of 2026 will reach +5%. For more details, check out the Hedera price predictions for 2025, 2026, 2030-2050.What will the price of HBAR be in 2030?
About Hedera (HBAR)
About Hedera
Hedera (HBAR) is a public network that leverages the hashgraph consensus algorithm to enable fast, fair, and secure transactions. Unlike traditional blockchain">blockchain technology, Hedera doesn't form a single chain of blocks but instead weaves all transactions into a single whole, ensuring that no data is discarded. This innovative approach allows Hedera to process hundreds of thousands of transactions per second, with consensus latency measured in seconds, making it one of the most efficient and scalable platforms in the distributed ledger space.
The vision of Hedera is to create a trusted, secure, and empowered digital future for all. Its mission revolves around building a safe and private digital community where users can interact with confidence. Hedera aims to provide a platform where individuals can work, play, buy, sell, create, and engage socially with safety and privacy. The emphasis on trust, security, and empowerment reflects Hedera's commitment to fostering a positive digital environment for all users.
Hedera was founded in 2017 by American technologists Leemon Baird and Mance Harmon, who also launched Swirlds Labs. Both founders possess extensive experience in the software development and tech industry, with expertise spanning AI, security, defense, identity, and more. As of August 2023, the Hedera network processes 66,670,036 transactions per day, with an average transaction time of 5.64 seconds.
Resources
Whitepaper: https://hedera.com/hh_whitepaper_v2.1-20200815.pdf
Official website: https://hedera.com/
How Does Hedera Work
Hedera leverages the hashgraph consensus algorithm to enable a decentralized network capable of processing hundreds of thousands of transactions per second. Unlike traditional blockchain, where blocks can be discarded, Hedera incorporates every container of transactions into the ledger, ensuring efficiency and fairness. The system's asynchronous Byzantine Fault Tolerance (aBFT) provides robust security, including resilience to Distributed Denial of Service (DDoS) attacks, and ensures fair access and ordering of transactions.
The governance of Hedera is overseen by a council of up to 39 leading global enterprises, reflecting a diverse range of industries and geographies. This decentralized governance structure ensures that no single member has control, and no small group can exert undue influence. Stability is further ensured through technical controls that validate the pedigree of the ledger and legal controls that prevent unauthorized forks, providing a stable platform for mainstream adoption.
Hedera also emphasizes regulatory compliance, with features like controlled mutability of the network state and the ability to attach additional data to transactions. These features enable compliance with regulations like GDPR and facilitate Know Your Customer (KYC) and Anti Money Laundering (AML) checks. While not open source, Hedera's code is publicly available for review, ensuring transparency and stability through the defensive use of hashgraph software patents.
What is HBAR Token?
HBAR is the native token of Hedera, used to power the network and enable various functionalities. HBAR has a hard cap maximum supply of 50 billion. At the moment, there are 38.24 billion HBAR tokens in circulation.
- Transaction Fees: HBAR is used to pay for transaction fees on the network, ensuring that users contribute to the network's maintenance. The cost per HBAR transaction to be very small, around $0.0001 USD
- Network Security: HBAR tokens are staked by nodes to secure the network, providing incentives for honest behavior.
- Smart Contracts and Decentralized Applications (DApps): Developers can use HBAR to build and deploy smart contracts and DApps on the Hedera network.
- Governance: HBAR also plays a role in governance, allowing token holders to have a say in network decisions.
Conclusion
Hedera represents a significant evolution in the field of distributed ledger technology. By leveraging the hashgraph algorithm, it offers unparalleled performance, security, and fairness. The HBAR token, as an integral part of the ecosystem, facilitates transactions, security, and development on the platform.
It's important to note that like any other cryptocurrencies, Hedera carries its own risks and it's always wise to do your own research and exercise caution while investing.
Hedera is a public distributed ledger technology that differentiates itself from traditional blockchain systems by utilizing a unique consensus mechanism known as Hashgraph. It is designed to provide a fast, fair, and secure infrastructure for decentralized applications (dApps) and enterprise use cases.
At its core, Hedera operates on the Hashgraph consensus algorithm, invented by Dr. Leemon Baird. Unlike blockchain's linear chain of blocks, Hashgraph employs a Directed Acyclic Graph (DAG) data structure, allowing for more efficient data processing and parallel transaction execution. The consensus mechanism relies on two innovative techniques: "gossip about gossip" and "virtual voting." In the "gossip about gossip" protocol, nodes efficiently share information about transactions and events with their neighbors. "Virtual voting" then allows nodes to determine the consensus order and timestamp of transactions without needing to send actual votes over the network, significantly increasing efficiency.
A key security feature of Hedera is its Asynchronous Byzantine Fault Tolerance (aBFT). This is the highest possible level of security for distributed systems, mathematically proven to guarantee that the network can reach consensus even if some nodes are malicious or faulty, without compromising the integrity or finality of transactions. This stands in contrast to some blockchain systems where eventual consistency may not offer the same level of immediate finality.
Hedera's governance model is another distinguishing characteristic. The network is overseen by the Hedera Governing Council, a diverse group of up to 39 globally recognized organizations, including Fortune 500 companies, universities, and Web3 projects. These Council members are responsible for critical decisions such as software updates, managing the HBAR treasury, and approving changes to the platform's code. They also host and maintain the initial consensus nodes, ensuring network stability and security. While currently permissioned, Hedera has a stated roadmap towards increased decentralization, aiming for permissionless nodes in the future.
The Hedera network offers several core services that empower developers and enterprises. The Hedera Consensus Service (HCS) provides a trust layer for verifiable and immutable records of messages, making it suitable for applications requiring transaction ordering, high throughput, and real-time auditability. The Hedera Token Service (HTS) allows for the native creation, configuration, and management of fungible and non-fungible tokens (NFTs) with features like custom royalties and optional KYC requirements, all without deploying complex smart contracts. Additionally, Hedera supports Solidity-based smart contracts, offering EVM compatibility for developers familiar with Ethereum tooling.
HBAR is the native energy-efficient cryptocurrency of the Hedera network. Its primary utility lies in paying transaction fees for network services, including transfers, token operations, and smart contract execution. HBAR also plays a crucial role in securing the network through its proof-of-stake mechanism, allowing token holders to stake their HBAR to nodes. The total supply of HBAR is capped at 50 billion tokens, with a controlled release schedule designed to ensure long-term sustainability.
Hedera boasts several compelling advantages. It offers high transaction speeds, capable of processing over 10,000 transactions per second (TPS) with low latency finality in seconds, making it ideal for applications requiring rapid processing times. Transaction fees are notably low and predictable, ranging from $0.001 to $0.01 USD, which supports micropayments and enterprise applications. The network is also carbon-negative and energy-efficient, using significantly less energy than a Visa transaction. Its enterprise-grade infrastructure and focus on regulatory compliance, including features like token-level KYC, position it as a trusted platform for businesses. The Hashgraph algorithm's fairness ensures that transactions are ordered objectively, preventing manipulation.
These features enable a wide array of real-world use cases. Hedera is being utilized for Decentralized Finance (DeFi) and payments, facilitating fast and low-cost transactions, stablecoin operations, and micropayments. In supply chain management, it provides tamper-proof data storage, product authentication, and end-to-end transparency. Asset tokenization, including NFTs and real estate, is another strong use case, allowing for easy creation and management of digital representations of assets. Digital identity solutions, data compliance, and fraud mitigation also leverage Hedera's secure and immutable ledger.
However, Hedera faces certain challenges and considerations. Critics sometimes point to the initial centralization of its Governing Council and permissioned nodes as a departure from the decentralized ethos of many blockchains. While the technology is open-sourced under an Apache 2.0 license, its patented nature has also been a point of discussion. The platform's adoption rate, while growing, is still considered relatively lower compared to more established blockchain networks.
Looking ahead, Hedera's roadmap includes a continued focus on decentralization, with plans for permissionless nodes and an open governance model. Ongoing infrastructure improvements, such as the Dynamic Address Book and the phasing out of experimental systems, aim to enhance network robustness and scalability. Integrations with analytical tools like Google Cloud BigQuery signify a move towards greater data accessibility and institutional monitoring. The growing ecosystem and increasing developer engagement, with various projects expanding its relevance beyond core crypto into enterprise and data ecosystems, suggest a promising future for Hedera as a foundational layer for decentralized applications.
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