The editorial team has prepared another digest of the main events in the Web3 space from the past week. The article discusses the Federal Reserve’s interest rate cut, the prison sentence for Do Kwon, Ukraine’s leadership in stablecoin usage, and other important news from the crypto industry.
This is reported by Business • Media
Key Events in the Crypto World
Main Market Trends
Bitcoin continues to trade within the range of $88,000 – $94,000. As of December, the asset is priced at around $90,002. Meanwhile, Standard Chartered Bank has lowered its price forecast for 2025 to $100,000, citing a decrease in institutional demand.
A significant event was the Federal Reserve’s decision to lower the interest rate by 25 basis points to a range of 3.5–3.75%. Investors almost fully anticipated this move, but greater attention was focused on signals regarding monetary policy for 2026.
Notable Court Decisions
A U.S. federal court sentenced Terraform Labs co-founder Do Kwon to 15 years in prison for fraud related to the collapse of the Terra ecosystem. The total losses for investors amounted to approximately $40 billion.
Ukraine in the Global Crypto Space
Ukraine topped the global ranking for the ratio of stablecoin transaction volume to GDP. The country demonstrates leadership in the practical use of cryptocurrencies, even surpassing developed financial jurisdictions.
“Ukraine ranked first in the adoption of crypto assets, showcasing a unique example of the practical use of stablecoins.”
Experts at Andreessen Horowitz predict that by 2026, the crypto industry will focus on stablecoins, asset tokenization, and the development of AI technologies.