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

Bitcoin has rebounded 7% from its recent low, with investors hopeful for a 0.25% interest rate cut by the Fed in December. Analysts predict a potential breakout in 2026 despite improving macroeconomic conditions and growing risk appetite on Wall Street.

Roughly 20,000 BTC in notional call condor block trades were spotted on Deribit, structured for Bitcoin to settle between $100,000 and $118,000 by December 2025. The market has priced out a euphoric year-end surge in favor of a more measured ascent.

Less than two days after Monad's official launch, bad actors began spoofing token transfers, creating fake activity to deceive users. The malicious contracts generated fake swap calls and artificial signatures to mimic real trading on the MON ecosystem.

JPMorgan Chase has proposed a leveraged product allowing investors to speculate on Bitcoin's future price, potentially earning uncapped returns if the price rises by 2028. The structured note, tied to BlackRock's Bitcoin ETF, offers a unique investment opportunity with high risk and reward potential.

Saudi Aramco has installed the Kingdom's first quantum computer, a 200-qubit machine by Pasqal, for industrial applications like energy modeling and materials research. This move aligns Saudi Arabia with other nations investing in quantum programs to enhance research infrastructure and workforce training for future systems.

Monad's native cryptocurrency, MON, saw a 19% price increase following an airdrop, reaching $0.042. Despite cooling crypto prices, MON's value surged to $0.045, reflecting the public sale rate. BitMEX's Arthur Hayes suggested MON could reach $10 due to market optimism.

U.S. Bank is collaborating with PwC and the Stellar Development Foundation to test a stablecoin on the Stellar blockchain. The bank sees blockchain as an alternative payment rail and is interested in exploring potential use cases and customer interest.

Polymarket faced backlash for a racist post targeting users in India, Turkey, and Nigeria, using the ethnic slur "jeet" and threatening to remove badges from accounts. The post, which has since been deleted, sparked criticism from top traders and affiliates.

MoonPay has obtained a New York Trust Charter, allowing them to hold digital assets for customers and facilitate over-the-counter trades. This milestone demonstrates their commitment to compliance and security, enabling them to expand services and bridge traditional and digital finance.

Kraken introduces the Krak Card, offering 1% cash back in Bitcoin or fiat currency on purchases. Users can spend various assets globally at Mastercard-accepting merchants, with no monthly fees.