Recently, Hayes attempted to ignite a fresh wave of Fear, Uncertainty, and Doubt (FUD) surrounding Tether, yet his efforts appear to have fallen flat for now. Entering December with Tether-related FUD would not have been an ideal start. Despite a low-volume weekend, Bitcoin prices have remained stable, leading several analysts to make predictions for December. Let’s delve into what awaits cryptocurrency investors.
Tether FUD
Despite initial discussions, the debate over Tether’s reserves seems to have subsided as influential figures challenged Hayes’ perspective. For nearly a decade, Tether has been at the center of recurring rumors and controversies in the crypto world. In response to this, the company began issuing reserve attestation reports through BDO. Today, insights from familiar voices provided clarity on why Hayes’s concerns may be unfounded.
As anticipated, Paolo Ardoino recently stepped forward with a firm response. Tether’s CEO and CTO, Paolo, addressed recent concerns:
“From the latest attestation announcement (Q3 2025):
“Tether will continue to maintain multi-billion dollar excess reserve buffers and private Group equity nearing 30 billion dollars in total.”
At the end of Q3 2025, Tether’s excess capital was approximately 7 billion dollars, coupled with 184.5 billion dollars in stablecoin reserves and 23 billion dollars in accumulated profit as part of the Tether Group’s equity.
Tether Group’s total assets stood at approximately 215 billion, with stablecoin liabilities of about 184.5 billion. S&P made the same mistake, ignoring additional Group Equity and a basic profit of approximately 500 million dollars monthly solely from US Treasury yields. Certain influencers seem either poor at math or incentivized to support competitors.”
Where Are Cryptocurrencies Heading?
Analysts have been examining clusters potentially signifying upcoming liquidations. The substantial drop in BTC price previously led to daily liquidations worth billions, yet today’s situation appears different. Much liquidity has now been absorbed, with short liquidations seeming plausible.
A 10% price increase could trigger potential liquidations worth 8.5 billion dollars, with a decrease causing 6.4 billion dollars.
DaanCrypto concurs with this perspective, highlighting:
“Short-term, several liquidation clusters around 90,000 dollars exist, slightly beneath and at 88,000 dollars. Post the significant drop, the primary levels sit above. The first major level is around 94,000 dollars, following with another at 97,000 dollars and beyond, intersecting numerous other levels and indicators. If the relief rally rises, watching this key level short-to-mid term is crucial.”
Poppe mentions liquidity is 165,000 dollars, likening current conditions to periods like the COVID-19 outbreak and FTX collapse. Previous analogs have marked the hardest stages.
Meanwhile, Chris Burniske proposes a genuine upswing may initiate after testing the 56,000-dollar mark. This area, significant to the 200W SMA, aligns with predictions from bearish market forecasters.