According to Cointelegraph, Robbie Mitchnick, head of BlackRock's digital assets division, stated that most clients of the world's largest asset management firm do not consider the widespread use of Bitcoin in everyday payments when deciding whether to invest. In a podcast interview released Friday, Mitchnick said, "I think for us, and for most of our clients today, they're not really investing in it as a case study of a global payments network." He described the possibility of Bitcoin being widely used for everyday payments in the future as "potentially an out-of-the-money option-value upside." Mitchnick emphasized that this doesn't mean Bitcoin will ultimately fail to achieve widespread payment use, but he called that scenario "more speculative," highlighting that investors are currently more focused on arguments for Bitcoin as "digital gold" or a store of value. He believes that for this shift in payment scenarios to materialize, "a lot needs to happen," including advancements in technologies such as Bitcoin scaling and Lightning.

According to Odaily, the Solana ecosystem token LAYER has seen a rapid increase in value, reaching a peak of $0.3490. The current price is approximately $0.3260, marking a 24-hour increase of about 65.14%. The 24-hour trading volume for LAYER is approximately 31.6467 million tokens, equivalent to around 7.9352 million USDT.

According to PANews, Strategy, a Bitcoin treasury company, announced on the X platform that its current holdings of approximately 650,000 BTC could cover dividend payments for 71 years at recent price levels. The company noted that as long as Bitcoin appreciates by about 1.41% annually, the generated revenue would be sufficient to cover yearly dividends. However, the community highlighted that Strategy's projections are based on several assumptions, including the stability of Bitcoin prices, the ability to sell or leverage all holdings, the absence of external shocks or tax impacts, the continued manageability of convertible debt structures, and stable dividend payment amounts.

According to Cointelegraph, the Cardano network experienced a temporary chain split on Friday, triggered by a "malformed" delegation transaction. This transaction, while valid at the protocol level, exploited an old code bug in the software library used by Cardano, leading to a network partition. The incident report from Cardano ecosystem organization Intersect highlighted that the split occurred due to a disagreement in how nodes processed the transaction. Staking pool operators were instructed to update their node software to resolve the issue and merge the split chain back into a single blockchain history. The incident has raised concerns about orphaned transactions and the potential for ADA double-spends, which could result in economic losses for some users. The exploit was attributed to an ADA staking pool operator known as Homer J, who used AI-generated code to execute the transaction and has taken responsibility for the network partition. This event sparked debate within the Cardano community, with some viewing Homer J's actions as a means to expose critical bugs, while others, including Cardano founder Charles Hoskinson, considered it an attack on the network. U.S. President Donald Trump has not commented on the incident, but Charles Hoskinson revealed that the U.S. Federal Bureau of Investigation (FBI) is investigating the matter. In a video statement, Hoskinson emphasized the seriousness of the situation, likening it to tampering with and damaging a digital network, which could have significant implications for the lives and commerce of millions of people. Despite the severity of the incident, the price of ADA experienced only a modest decline, dropping from $0.44 on Friday to approximately $0.40. This decline occurred amid a broader crypto market downturn that began in October, following a historic flash crash that resulted in a $20 billion cascade of crypto liquidations. The Cardano network partition went largely unnoticed by the market, with some users attributing this to a lack of widespread use of the network. The incident underscores the challenges blockchain protocols face in maintaining network stability and security, as well as the potential impact of network disruptions on token prices. As the investigation continues, the Cardano community remains divided on the implications of the exploit and the future of the network.

According to ChainCatcher, the Parliament of Trinidad and Tobago has approved the Virtual Asset and Virtual Asset Service Providers Bill with a vote of 25 to 11, establishing a regulatory framework for cryptocurrency activities in the Caribbean nation. The legislation aims to align with the Caribbean Financial Action Task Force's (FATF) anti-money laundering and counter-terrorism financing standards, in preparation for the FATF's on-site evaluation scheduled for March 2026. The bill's passage was marked by controversy, as the opposition accused the government of procedural violations by submitting a 48-page document with over 200 amendments just minutes before the debate commenced. Critics have expressed concerns that the stringent nature of the bill could stifle innovation. However, the government maintains that the amendments were developed following extensive consultations with the central bank, securities regulators, and industry stakeholders.

According to ChainCatcher, the Cardano network recently experienced a temporary chain split due to a 'malformed' delegated transaction. These transactions involve delegating ADA to a staking pool, which, while valid at the protocol level, can lead to code malfunctions affecting network functionality. An event report from Cardano ecosystem organization Intersect revealed that the transaction exploited an old code vulnerability in Cardano's underlying software library, causing nodes to diverge in transaction processing methods, ultimately resulting in the network split. The vulnerability was triggered by Homer J, an ADA staking pool operator, who used AI-generated code to push the transaction and has admitted responsibility for the network split. Staking pool operators have been instructed to download the latest version of the node software to resolve the issue and reintegrate the split chain into a complete blockchain. The temporary split has sparked debate within the Cardano community, with some arguing that Homer J's actions helped expose critical vulnerabilities, while others, including Cardano founder Charles Hoskinson, have labeled it an attack on the Cardano network. The FBI is now involved in the investigation. A user humorously remarked, 'No one noticed Cardano's network partition because no one uses it.'

CoinKarma, in an article published on the X platform, stated that after BTC broke below a key medium-to-long-term support level, it has been under selling pressure for several consecutive days. On November 21st, the daily closing spot trading volume for BTC saw its largest increase in recent times across multiple exchanges, indicating market turnover. This structure of "high turnover and volume-driven stabilization" is a typical short-term bottom signal. Furthermore, when the ALT Resilient Index and the 10% Overall Liquidity (BTC) indicators resonate simultaneously, the market is more likely to form a short-term bottom. Currently, the Volatility Term Structure indicator also suggests that significant volatility is expected in the short term, therefore the probability of a short-term rebound is relatively high.

Crypto markets have entered one of their most pessimistic phases in years, with sentiment collapsing to levels last seen during the 2022 Luna crash. source: https://www.ethnews.com/crypto-fear-greed-drops-to-luna-is-there-major-opportunity-ahead/

Crypto Dispensers, a Bitcoin ATM operator based in Chicago, is considering a sale worth approximately $100 million. source: https://www.cryptopolitan.com/bitcoin-atm-firm-eyes-100m-sale/

Public Citizen urges Federal Agency to stop using Elon Musk's Grok AI over racism concerns. source: https://www.cryptopolitan.com/musks-grok-ai-under-fire/

The biggest challenge in the market right now is the lack of buying support. Bitcoin's next upward cycle may benefit from institutional capital that does not rely on leverage.

The final result will be revealed on January 15, 2026, and the market has already begun to vote with its feet.

Ethereum appears to have made a remarkable transformation from a "geek experiment" to a "global asset." However, under the spotlight of the crypto market, this largest smart contract platform in the industry is now standing at a historical crossroads.

As mentioned yesterday, since November 10th, with the rise in Japanese government bond yields, foreign exchange market investors have intensified their selling of yen, leading to a rapid depreciation of the yen against the dollar. This is because people are not optimistic about the soundness of Japan's fiscal situation.

In this week, as Bitcoin fell below $82,000 and market risk appetite cooled rapidly, the Base ecosystem witnessed a less-than-exciting but controversial experiment.

U.S. Treasury Secretary Bessant made a surprise appearance at a Bitcoin-themed bar in Washington on Thursday, a move that quickly sparked a strong reaction in the cryptocurrency community and was widely interpreted by market participants as a clear signal of the federal government's support for the digital asset industry.

Ethereum's price volatility is enough to convince someone outside the crypto world that life is incredibly mundane for someone holding a large Ethereum portfolio.

BTC, Investment, Market Trends, What Can You Buy After Selling Bitcoin? Golden Finance: It's difficult to hold cash after selling cryptocurrencies; consider dollar-cost averaging in Bitcoin and Ethereum, and control your impulses to avoid impulsive purchases.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2886, providing you with the latest and fastest news on the digital currency and blockchain industry.

The DeFi industry is currently facing a value creation crisis, not a valuation crisis.