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The composition of Bitcoin ownership has structurally shifted, with new large investors, or 'whales,' now accounting for nearly 50% of the network's realized capital.
Influential Bitcoin developer Luke Dashjr is leading a charge against non-financial transactions on the blockchain, opposing the removal of the 80-byte OP_RETURN data cap which he argues clogs the network with 'spam'.
Fidelity's Director of Global Macro, Jurien Timmer, predicted on December 19, 2025, that Bitcoin has entered a year-long crypto winter after peaking at ~$125,000 in October.
Video platform Rumble began testing Bitcoin, USDT, and XAUT tipping for creators on November 21, establishing a new payment model for its tens of millions of users.