UK Moves to Dissolve Zedxion Exchange or Misleading Info, Aiding Iran Sanctions Evasion

Arthur Hayes believes that privacy will shape the future of crypto trading, with Zcash positioned as a key asset due to expanding state surveillance. He sees privacy as a response to political incentives favoring credit expansion and energy constraints on stimulus efforts.

Morgan Stanley has filed registrations for Bitcoin and Solana exchange-traded products, pending regulatory approval. The bank plans to launch passive investment vehicles tracking the performance of the cryptocurrencies.

Buck Labs has launched the "BUCK" crypto token, backed by shares in Strategy (MSTR) and offering around 7% annual rewards. The token is not a stablecoin and allows users to earn rewards on idle capital through a minute-by-minute basis.

A $1.9 million settlement has been reached between Maine regulators and Bitcoin Depot, resolving a two-year investigation into scam losses related to the company's cryptocurrency kiosks. The agreement requires compensation for Maine residents affected by fraudulent transactions and grants the company a money transmitter license in the state.

PumpSwap, the trading arm of the Pump ecosystem, is experiencing a surge in trading volume on Solana's memecoin market. Despite the high trading volume, fee generation is not increasing significantly due to fast in-and-out churn in low fee pools and competition among Solana venues.

Ethereum's network is processing record transactions, but market sentiment remains lukewarm, with prediction traders favoring gold over the cryptocurrency. The surge in transactions is attributed to real-world asset tokenization and market recovery, boosting Ethereum's role as core financial infrastructure.

US Bitcoin and Ethereum ETFs have attracted over $1.5 billion in investments since January, with prices of the top cryptocurrencies surging. Despite a lackluster end to 2025, investors are showing renewed risk appetite, injecting millions into these funds in the first days of 2026.

Morgan Stanley has filed an S-1 with the U.S. SEC for a spot Bitcoin ETF named the Morgan Stanley Bitcoin Trust. The ETF will track Bitcoin's price, hold Bitcoin directly, and be passive in trading. Shares will be created and redeemed by authorized participants in large blocks.

Liquidity in crypto markets is expected to consolidate among fewer venues in 2026 due to new regulations and increased institutional involvement. Market participants emphasize the need for improved liquidity, tighter spreads, and better execution quality to sustain the growth of decentralized finance.

Bitcoin has surged to nearly $95,000, its highest level in six weeks, with flat perpetuals contract positioning. Despite a positive outlook, the options market indicates a shift towards more promising conditions, with a reduction in put skew and increased upside exposure through options trades.