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Bitcoin fell below the $87,000 level shortly after Wall Street opened on Monday, as fresh selling pressure set off a wave of liquidations across bullish positions.
The move picked up speed around the opening bell.
Several traders pointed to activity on Binance and the trading firm Wintermute as key sources of new supply entering the market simultaneously.
Liquidations of long positions built quickly. One of the crypto trackers reported 100 million liquidations of long positions in five minutes.
In just over an hour, losses had already surpassed $200 million, based on data from CoinGlass.

The winter solstice is upon us, marking the shortest day and longest night of the year.
People across the country have already faced multiple blankets of white snow where they live, but the winter solstice marks the first official day of winter.
The solstice also marks the start of the Pagan holiday, Yule, according to the Old Farmer's Almanac. The holiday is thought to celebrate the sun's return and the land's rebirth as days begin to get longer after the longest night of the year.
The solstice is celebrated by many as a time of rebirth and change. Many cultures throughout human history ha

Alabamians may have already dusted off their coats and heaters, but official winter doesn’t start until the winter solstice. That’s the astronomical signal that the days are at their shortest and the nights are at their longest.
What is winter solstice, and when does it begin? Here’s what to know.
According to the Old Farmer’s Almanac, the first day of winter in the Northern Hemisphere arrives on Sunday, Dec. 21, 2025, at 10:03 a.m. Eastern Standard Time. For Alabama residents, that means the shortest day and longest night of the year will start at 9:03 a.m.
On the winter solstice in Alabam

Rosenblatt Securities lowered price targets and financial estimates for several Bitcoin mining companies Friday, citing a sharp decline in mining profitability that highlights the growing importance of high-performance computing (HPC) revenue.
The investment firm reiterated Buy ratings for Cipher Mining (NASDAQ: CIFR), TeraWulf (NASDAQ: WULF), and Hut 8 (NASDAQ: HUT), favoring companies that are actively diversifying into AI and computing power. ******* yst Chris Brendler noted that while pure-play Bitcoin mining remains under pressure due to “stubbornly high network competition,” the impact

How DNA and ballistics tie Claudio Neves Valente to Brown, MIT shootings

Investigators offered more information late Friday, Dec. 18, about the weapons discovered at the New Hampshire storage facility along with the body of Claudio Neves Valente, the man who shot and killed two Brown University students and injured nine others on Dec. 13 and killed MIT professor Nuno Loureiro two days later.
Ted Docks, Special Agent in Charge of the Boston Division of the Federal Bureau of Investigation, said in a news release that two 9mm pistols were recovered by the FBI’s Evidence Response Team and sent

Key Takeaways
Tom Lee argues Bitcoin is “extremely oversold” and has historically preceded rebounds.
Lee’s Bitcoin predictions have begun to fuel skepticism across the crypto community.
Bitcoin did reach new all-time highs in October 2025, validating Lee’s broader bullish thesis — but the magnitude and timing of his forecasts often prove premature.
Bitcoin (BTC) is “extremely oversold” and historically positioned for a rebound, according to Fundstrat Global Advisors co-founder Tom Lee, who made the comments on Thursday.

https://finance.yahoo.com/...

Augusta County Sheriff's Office deputy shot, suspect dead

An Augusta County Sheriff's Office deputy was shot the evening of Dec. 17 while trying to make an arrest, and the suspect is dead, Virginia State Police said.
The shooting took place near the intersection of Parkersburg Turnpike and Miss Phillips Road shortly after 8:30 p.m., and authorities closed part of the turnpike to through traffic while the incident was investigated.
Virginia State Police said that preliminary information shows three deputies **** igned to the Sheriff’s Office Narcotics Unit were attempting to take a suspect

U.S. car maker wins 2025 sales race with 2.8 million vehicles sold

Car buying patterns in 2025 have been all over the place as consumers and the industry have adjusted to the automotive tariffs that dominated the conversation this year.
While the U.S. eventually got tariff burdens down to 15% for most of its trade partners, for much of the year, importers were paying 25% on autos and auto parts.
While carmakers made it clear that they would not raise prices in response to the tariffs, the threat of increased prices caused consumers to flock to car dealerships.
Ford used incentives and th

Return of immigration raids brings fear to ‘Mexican Capital of the Midwest’

By Heather Schlitz
CHICAGO, Dec 19 (Reuters) - Allyson Lopez had been hoping for business to bounce back at her dress shop in Chicago's Little Village neighborhood, which specializes in ballgowns for quinceaneras, a coming-of-age ritual in many Latino communities celebrating a girl's 15th birthday. Instead, this week brought the return of the federal immigration raids that have emptied the normally vibrant streets.
The first phase of the Department of Homeland Security deportation campaign, named "Operation Midway

Billionaire who sold two companies to Coca-Cola says he tries to convince people not to become entrepreneurs: ‘Every single day, you can go bankrupt’

Mike Repole, the billionaire entrepreneur who co-founded and sold beverage giants Glaceau and BodyArmor to Coca-Cola for a combined $9.7 billion, has an unexpected message for aspiring business owners: Don’t do it.
In an interview with The School of Hard Knocks, a popular social-media channel known for interviewing wealthy entrepreneurs, Repole shared his contrarian view on entrepreneurship, emphasizing the brutal realities that most success

Bitcoin rallies thwarted by fading Fed rate cut odds, softening US macro

Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer ***** ets.
Key takeaways:
Strong demand for US Treasurys and lower odds of a Fed rate cut indicate that investors are shifting toward safer ***** ets, reducing interest in Bitcoin.
Economic weakness in ***** an and softer US job data add pressure to Bitcoin, limiting its use as a hedge in the near term.
Bitcoin
BTC
$88,227
has repeatedly failed to hold above the $92,000 level over t

Earlier this week, Norway’s Norges Bank Investment Management backed all five of Metaplanet’s bitcoin-focused capital restructuring proposals ahead of the December 22 Extraordinary General Meeting, including plans for share buybacks, dividends, and new preferred share issuance to raise US$150 million from institutional investors.
This support from one of the world’s largest sovereign wealth funds highlights growing institutional interest in Metaplanet’s bitcoin accumulation model and its unconventional balance sheet plans.
Next, we’ll examine how Norges Bank’s endorsement and Metaplanet’s pu

This 20-year-old lotto winner refused $1M in cash and chose $1,000/week for life. Now she's getting slammed for it

Would you rather be a millionaire or have safe, reliable passive income for life? That’s the difficult choice that many lucky lottery winners are frequently faced with. While the prospect of a seven-figure payout is tempting, 20-year-old Brenda Aubin-Vega from Quebec, Canada recently decided to take the recurring payment option instead.
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here'

Key Takeaways
Bitcoin volatility may fall further in 2026, according to Bitwise.
The firm said Bitcoin, Ethereum and Solana are all expected to reach new all-time highs in the new year.
Short-term risks remain for Bitcoin.
Bitcoin could become less volatile than high-growth U.S. technology stocks, such as Nvidia, by 2026, while both Bitcoin and Ethereum are likely to reach new record highs, according to crypto ***** et manager Bitwise, which cited growing institutional adoption and regulatory clarity.

https://finance.yahoo.com/...

A photo of Miss Finland sparks racist accusations and furor across Asia

HELSINKI, Finland (AP) — Finland’s government is facing heavy pressure and accusations of racism from several Asian countries after its representative to the 2025 Miss Universe pageant was seen pulling the corners of her eyes in a photo -- and some Finnish politicians posted their own photos repeating the gesture.
Sarah Dzafce lost her Miss Finland crown last week after a photo of Dzafce pulling the skin at the corners of her eyes posted on social media went viral late last month. The photo, and its caption reading “ea

Key Takeaways
Mike Alfred remains firmly bullish on Bitcoin.
Prominent bulls including Michael Saylor, Tom Lee, Bitwise, and Grayscale continue to project higher prices over the coming years.
Despite longer-term optimism, some ******* ysts caution that Bitcoin could face further downside.
Famed bullish investor Mike Alfred has dismissed recently bearish ******* ysts as “drama queens” while predicting a Bitcoin price rally to $150,000.

https://finance.yahoo.com/...

Fresh US economic data is sending a clear but nuanced signal to markets. Inflation pressures are easing, but consumers remain under strain.
For Bitcoin and the broader crypto market, that mix points to improving macro conditions, tempered by near-term volatility.
US consumer sentiment edged up to 52.9 in December, slightly higher than November but still nearly 30% lower than a year ago, according to the University of Michigan.
At the same time, inflation expectations continued to fall. Short-term expectations dropped to 4.2%, while long-term expectations eased to 3.2%.
For markets, those i

Along with its many other innovations, the Roman Empire revolutionized architecture with never-before-seen features, such as large-scale arches and dome roofs. And many of these structures still stand today despite being more than 2,000 years old.
None of it would have been possible without the Romans’ infallible building material: self-healing concrete. Now, an ancient construction site has revealed the recipe for creating this sturdy foundation.
At the time Mount Vesuvius erupted in AD 79, covering Pompeii in as much as 6 meters (19.7 feet) of volcanic ash, construction workers were in the

Bitcoin (BTC) has been gripped by sharp volatility in the final stretch of the year, swinging between $92,000 and $82,000 as market sentiment turns increasingly cautious.
Over the past three months, Bitcoin has fallen by 24.1%, highlighting the intensity of the current drawdown.
At press time, BTC was trading at $88,009.31, down 1.1% over the past 24 hours.
With less than 12 days left before the New Year, prominent market watchers are beginning to temper expectations for Bitcoin’s performance in the year ahead.
Related: **** yst predicts Bitcoin is gearing up for an early Santa rally

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This lake vanished from Death Valley 10,000 years ago. It's started reappearing.

Here’s what you’ll learn when you read this story:
Lake Manly hasn’t been a permanent fixture in Death Valley since the Ice Age, but recently, it has reappeared.
Record rainfall at the California site has allowed enough water to collect in the ancient lakebed.
The lake sits in Badwater Basin, the lowest point in North America at 282 feet below sea level.
A deluge of record rainfall has turned North America’s lowest point back into the lake it was during the Ice Age—even if just for a short moment in time. T

CONCORD, N.H. (AP) — Suspect in Brown University shooting and MIT professor's killing had been dead for 2 days when found, autopsy determines.
Law enforcement officials say the same gunman who opened fire at Brown University also shot and killed an MIT professor two days later. He was found dead Thursday night.

https://www.yahoo.com/news...

Bitcoin’s three-year rally may be over, with signs pointing to the leading cryptocurrency entering a prolonged bear market.
That’s according to blockchain data firm CryptoQuant, whose researchers said in a Friday report that investors should be prepared for the end of Bitcoin’s four-year cycle.
Buyer exhaustion means the biggest digital coin could still drop as low as $56,000, the report noted. But it reassured investors that such a move was unlikely — if Bitcoin does drop that low, it would be the sharpest drawdown in a bear market on record.
“Bitcoin demand growth has decisively slowed, s

Erika Kirk endorses JD Vance for president before VP announces 2028 run

PHOENIX. Arizona — Turning Point USA CEO Erika Kirk has endorsed Vice President JD Vance for president, an early sign of influential support for a likely leading candidate in 2028.
Kirk, who took over leadership of Turning Point after her husband, Charlie, was killed in September, announced her decision during a speech Thursday at the organization’s America Fest conference in Phoenix.
Vance is scheduled to speak at the conference on Sunday.
“We are going to get my husband’s friend JD Vance elected for 48 in the most

BlackRock’s spot Bitcoin exchange-traded fund IBIT, has emerged as a notable outlier on the 2025 ETF flow leaderboard, ranking sixth by year-to-date inflows despite posting a negative return for the year, according to data highlighted by Bloomberg Intelligence **** yst Eric Balchunas.
IBIT is currently the only ETF among the top flow leaders showing a year-to-date loss, with returns down roughly 9.6%. Yet the fund has still attracted approximately $25.4 billion in net inflows, placing it ahead of a range of established equity and commodity products — including the SPDR Gold Trust (GLD), which

You may have seen headlines or social media posts talking about a weakening of Earth’s magnetic field, specifically over the South Atlantic.
It sounds dramatic, and a little scary. Is Earth losing its protective shield? Are we in danger? What exactly does this mean for people on the ground?
To get the facts straight, we spoke with Manoj Nair, a senior research scientist at CIRES at the University of Colorado and an affiliate at NOAA, who studies Earth’s magnetic field for a living.
His takeaway is reassuring: this is fascinating science and important for satellites, but not something the av

Arthur Hayes just laid out his Bitcoin roadmap for the next three months — and it ends at $200,000.
The angel investor and Maelstrom fund CIO published a new essay on Friday, arguing that the Federal Reserve is printing money through a new programme, dubbed Reserve Management Purchases.
And once investors realise its effects resemble those of quantitative easing, Bitcoin will explode higher.
“As the market equates RMP to QE, Bitcoin will quickly retake $124,000 and punch quickly towards $200,000,” Hayes wrote.
His timeline is auspicious — Bitcoin should rally hard in the first three months

Trump launches flurry of attention-grabbing moves as polls show his approval slipping

(Bloomberg) -- Bonus checks. New holidays. A return to the moon.
In the span of less than 24 hours, President Donald Trump unveiled a series of initiatives with widespread appeal — with promises of more to come — as he also contends with falling popularity and economic uncertainty.
Most Read from Bloomberg
Hudson Tunnel Digging Work to Start as Boring Machines Ready
NYC High Line-Area Building Floats $53 Million Bankruptcy Sale

https://www.yahoo.com/fina...

Scammers drained $700,000 from NYC grandma's accounts. Now she's suing the banks.

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The fraud started in August 2023 as fear dressed up as urgency. Pop-up warnings began flashing across 86-year-old Nina Mortellito’s computer screen, claiming her bank accounts had been hacked. What followed was a months-long tale of manipulation that ultimately drained her of $700,000 — her entire life savings.
According to a lawsuit filed against Merrill Lynch in Manhattan Supreme Court, the Upper East Side re

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Standard Chartered has significantly tempered its bullish price projections for Bitcoin over the next five years.
“I still see Bitcoin continuing to print fresh all-time highs going forward, but I think the pace will be slower than previously expected,” Standard Chartered Global Head of Digital ***** ets Research Geoffrey Kendrick said in an email last week.
Kendrick said in a Dec. 9 note that Standard Chartered was forced to reassess its price targets amid Bitcoin’s recent price action. The

Economists cast doubt on inflation report: 'Hard to take this data seriously'

How much is inflation really cooling?
Thursday’s release of November’s Consumer Price Index (CPI) data showed inflation unexpectedly eased to an annual rise of 2.7% that month. But monthly comparisons — October data was never collected due to the government shutdown — were absent from the Labor Department’s report, leaving more recent price swings a bit of a mystery for dozens of product categories.
Economists treaded lightly following the report.
Heather Long, chief economist at the Navy Federal Credit Union,