Morgan Stanley's Bitcoin ETF Could Attract $160 Billion, Says Strategy CEO

Myriad prediction market traders have lowered the chance of a crypto winter from 30% to 9% as Bitcoin and Ethereum prices rebound. Ethereum is set to undergo the Fusaka upgrade, impacting data collection from layer-2 networks. Analysts are closely monitoring central bank decisions for Bitcoin's year-end performance.

Two leveraged ETFs, T-REX 2X Long SOL Daily Target ETF and T-REX 2X Long XRP Daily Target ETF, have been introduced by REX Shares and Tuttle Capital Management to provide 200% leveraged exposure to Solana and XRP. These ETFs offer a way for traders to capitalize on short-term price swings in the crypto market.

Crypto majors like BTC, ETH, BNB, and SOL are rebounding after a recent selloff, with some altcoins like Fartcoin, SPX, and PUMP leading gains. Vanguard will now allow trading of crypto ETFs, while Coinbase faces a lawsuit over alleged insider trading. Ripple expands services in Singapore, and AI agents discover vulnerabilities in crypto protocols.

Bank of America plans to introduce digital asset exposure for wealth management clients, allowing up to 4% allocation to cryptocurrencies starting next year. This move aims to cater to investors with varying risk profiles, with coverage of Bitcoin ETFs from various providers also set to begin in January.

Upbit's commission fees surged to $340,650 in a day due to "fence pumping," a South Korean phenomenon where trapped liquidity leads to artificial price increases. This trend has been observed since at least 2020, with instances following security breaches like the recent $36 million hack.

Money market indicators are signaling liquidity stress as crypto performs poorly compared to equities. The recent drop in Bitcoin and other cryptocurrencies has put pressure on the market, with investors closely watching US rate developments and the Fed's next move.

Bitcoin surged above $90,000, marking a 6.7% gain in a day, triggering the liquidation of $157 million in short contracts. Ethereum and XRP also saw significant increases, with Ethereum nearing $3,000 and XRP trading at $2.14.

Sony Group plans to introduce a U.S. dollar-denominated stablecoin for purchasing games and anime within its digital ecosystem. The stablecoin initiative is expected to focus on the U.S. market due to regulatory developments like the GENIUS Act.

Prediction market Myriad and Trust Wallet have teamed up to introduce the first in-wallet prediction market experience, allowing users to trade on Myriad's markets seamlessly within Trust Wallet. This integration marks a significant moment for prediction markets, making on-chain predictions easily accessible to millions of Trust Wallet users. (Disclosure: Myriad is owned by Decrypt's parent company Dastan)

Research by the Anthropic Fellows program reveals AI agents can exploit vulnerabilities in smart contracts, generating profits through simulated attacks on Ethereum and BNB Chain blockchains. The study demonstrates the potential for automated exploitation in DeFi environments as AI models evolve.