null source: https://x.com/lookonchain/status/2000757259538751697

Bitwise CEO Hunter Horsley stated in an article on the X platform that within 12 months, cryptocurrency will be integrated into all aspects of financial services. A wave of substantial content and new players is on the horizon.

According to Foresight News, Bitcoin miners are increasingly facing survival challenges due to declining Bitcoin prices and rising operational costs. In response, many are transitioning to providing AI infrastructure services as a means of diversification. The core issue for Bitcoin mining companies is the instability of mining revenue coupled with consistently rising costs, making their traditional business model unsustainable. To mitigate these challenges, miners are leveraging their existing facilities and infrastructure to rent out data center space to large tech companies. This shift is seen as a way to alleviate intense competition and enhance the overall health and stability of the industry. Bitcoin mining companies face significant operational risks due to their reliance on a single business model. Their revenue is heavily dependent on the volatile Bitcoin price, while costs such as increased mining difficulty, rising electricity prices, and hardware upgrades continue to climb. This creates a "squeeze" effect, particularly when Bitcoin prices fall, leading to reduced income and high costs. Additionally, regulatory risks loom, such as proposed tax increases on mining in New York State, which could signal broader compliance pressures in the future. The average cost to mine a Bitcoin has risen to approximately $74,600, according to CoinShares. When factoring in equipment depreciation, the total production cost approaches $130,000 per Bitcoin. With the current Bitcoin price around $91,000, miners face a loss of about $46,000 per Bitcoin produced. Increased mining difficulty and tighter energy policies further weaken the industry's profitability. The demand for AI data centers is driven by the rapid growth of AI technology, prompting tech giants to seek data center space. Building new data centers is time-consuming, so renting existing facilities is a preferred option. Mining companies possess assets that align with this demand, including high-performance GPUs, approved megawatt-level grid access, and cooling capabilities from operating high-power mining machines. Core Scientific, once on the brink of bankruptcy, successfully transitioned to AI data center leasing, operating around 200 megawatts of capacity with plans to expand to 500 megawatts. Other companies like IREN and TeraWulf are exploring similar diversification strategies. This shift is not just about growth but a necessity for survival. While transitioning to AI data center leasing is a prominent trend, it is not the only path forward. Some mining companies, such as Bitmine and Cathedra Bitcoin, are exploring broader digital asset technology business models. These diversification efforts indicate a trend where less competitive pure miners are either eliminated or transformed, while leading companies evolve into comprehensive service providers, signaling a more mature and resilient phase for the cryptocurrency mining industry.

When asked about the case of Samourai Wallet developer Keonne Rodriguez at a White House press conference, US President Trump said he would review the case and look into it. Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill were sentenced on November 19 to five and four years in prison, respectively, for involvement in a cryptocurrency mixing protocol. Rodriguez and Hill initially pleaded not guilty to all charges but agreed in July to plead guilty to one charge of operating an illegal money transfer business. Previously, Trump had pardoned Binance founder Changpeng “CZ” Zhao and Silk Road founder Ross Ulbricht.

According to PANews, a report by River indicates that 14 out of the 25 largest banks in the United States are currently working on developing Bitcoin products for their clients. This move highlights the growing interest and involvement of major financial institutions in the cryptocurrency market.

According to PANews, the New York State Pension Fund has increased its investment in the Bitcoin financial company, MicroStrategy (MSTR), to $50 million. This move reflects the fund's growing interest in cryptocurrency-related assets.

Japanese financial giant and blockchain firm target Q2 2026 launch for global settlement currency source: https://www.blockhead.co/2025/12/16/sbi-holdings-startale-to-launch-regulated-yen-stablecoin/

Trump has already pardoned two crypto heavyweights, Binance founder Changpeng “CZ” Zhao in October and Silk Road founder Ross Ulbricht in January. source: https://cointelegraph.com/news/trump-review-samourai-wallet-pardon-keonne-rodriguez?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

For exchanges/protocols, if the purpose of the liquidation mechanism is to ensure fairness, then ADL is for survival.

According to Odaily, Charles Schwab, a financial services company with a market capitalization of $11 trillion, has incorporated Solana futures into its trading platform. This move marks a significant development in the integration of cryptocurrency products into mainstream financial services.

According to Defillama, Monad's on-chain transaction fee revenue has been below $5,000 for five consecutive days, with $3,824 recorded on December 15th. Monad's on-chain transaction fee revenue peaked at $42,300 on November 25th.

At the Cryptocurrency Working Group's Financial Monitoring and Privacy Roundtable, U.S. SEC Chairman Paul S. Atkins stated that discussions surrounding blockchain privacy and regulatory boundaries are becoming a core regulatory issue.

The AI ​​bubble has become the only pillar supporting the US macroeconomy, essentially the last line of defense on the balance sheets of the wealthy.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2910, providing you with the latest and fastest news on the digital currency and blockchain industry.

Agentic commerce is the establishment of a completely new economic order dominated by machines. It is not as simple as "AI automatically placing orders," but rather a reconstruction of an entire cross-entity chain.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

In places where fiat currencies have collapsed, stablecoins have become Argentinians' "dollar wallets," and crypto payments and on-chain assets are essential for survival and wealth appreciation.

Recommended reading tonight: 1. Tether's empire, which earned a staggering $15 billion a year, is more than just buying up Juventus; 2. The US SEC teaches you how to custody your crypto assets; 3. The OCC approves "risk-free" crypto transactions for banks—what's next?

When a container ship fully loaded with cargo is moving faster than its ownership documents are being transferred, it means something is fundamentally broken.

Why were the predictions so consistent at the beginning of the year? Why were almost all the mainstream institutions wrong?