Bitcoin: The slowest circulating asset among major global assets

[Bank of America to Allow Wealth Advisors to Recommend Crypto Asset-Related ETFs/ETPs] Bank of America announced that starting January 5, 2026, wealth advisors from its Private Bank, Merrill, and Merrill Edge divisions will be allowed to recommend crypto asset-related ETFs and ETPs to clients, with no account asset threshold. Previously, only clients meeting asset requirements could access Bitcoin ETFs starting early 2024. This marks an upgrade from 'executing client instructions' to 'providing allocation recommendations.'

[OKX Founder Star Responds to Debt Dispute with Moore Threads Co-Founder Li Feng] OKX founder Star responded on the X platform regarding the debt dispute with Moore Threads co-founder Li Feng, stating, 'One cannot remain stuck in the shadow of negative history forever. Look to the future and contribute more positive energy. Let the legal system handle debt issues. Best wishes to every entrepreneur.' It is reported that Moore Threads co-founder Li Feng was previously accused of issuing tokens to raise funds and defaulting on a debt of 1,500 BTC.

[CME Data Center Outage Caused by Operational Error, Leading to Over 10 Hours of Trading Disruption] On December 7, multiple markets under the Chicago Mercantile Exchange (CME) experienced trading disruptions for over 10 hours due to a data center outage. Data center operator CyrusOne confirmed that the outage was caused by human operational error. Staff and contractors at the Aurora, Illinois data center failed to follow standard procedures to drain the cooling towers before freezing weather, resulting in the cooling system freezing, overpressure operation, and uncontrolled equipment temperatures. CME noted that initial remedial measures exacerbated the issue, ultimately causing multiple cooling units to fail. CME acknowledged the severe impact of the incident on its global clients.

The EU's plan to centralize cryptocurrency licensing has raised concerns in the market about a possible slowdown in industry development. （Cointelegraph）

[Analyst Says Centralized Exchange ETH Holdings Drop to Historic Low of 8.8%] Analyst Milk Road pointed out that, according to Glassnode data, the amount of ETH held in centralized cryptocurrency exchanges has dropped to 8.8%, marking the lowest level since the network launched in 2015. Since early July, the amount of ETH on exchanges has decreased by 43%, while purchases by Digital Asset Treasury (DAT) have significantly increased during the same period. In comparison, Bitcoin holdings on exchanges stand at 14.7%. Milk Road believes that ETH is being transferred to staking, Layer 2 network activities, DAT, and other areas, and the tight supply may impact its price.