Crypto News

In a move that’s about as surprising as a tax bill in April, Morgan Stanley submitted a Form S-1 on January 6th, outlining their grand plan for the Morgan Stanley Ethereum Trust. This isn’t their first crypto rodeo-they’ve already filed for Bitcoin and Solana ETFs, because why stop at one when you can have a whole buffet? 🍽️ The trust aims to track ether’s price while staking a portion of its holdings to generate yield. It’s like a crypto-themed savings account, but with more jargon and fewer guarantees. 📈

McGlone, with a squint and a spit, warns that Bitcoin might tumble back to $50,000 by 2026, like a cowboy falling off his saddle after one too many whiskeys. 🤠 That $50,000, he says, is the ol’ reliable support level, the last waterhole before the desert. Unless, of course, the stock markets stay as calm as a summer breeze-which, let’s be honest, is about as likely as a snowstorm in July. ☀️❄️

Apparently, investors are swarming these ETFs like they’re giving away free schnitzel. 🥨 Santiment, the Sherlock Holmes of crypto analytics, says Ethereum ETF volumes hit the roof in January. The 2nd and 5th were like crypto Christmas, except instead of presents, there were record-breaking trades! 🎁✨

This filing ain’t just paperwork; it’s a declaration that Wall Street’s ready to swap its pinstripes for pixelated profits. While the ticker symbol’s still hidden like a prospector’s map, the structure’s clear as a desert sky: Ethereum’s going mainstream, and Morgan Stanley’s riding shotgun. 🚀

Experts, those ever-reliable prophets of hindsight, assure us meme coins are “dead.” Yet here we are, witnessing a revival of Solana-based alchemy, where code meets chaos and value is conjured from thin air. 🌪️

Meanwhile, over at Ripple, David Schwartz, the man who once wrangled code like a cowboy wrangles cattle, has hung up his spurs. “I feel fine,” he says, sipping lemonade on his porch, watching the crypto world burn. Retirement suits him, though the rumor mill tried to turn his quiet exit into a funeral march. Spoiler: He’s not dead. He’s just done. 🤠👋

While Bitcoin prances into the financial limelight wearing its tuxedo, decentralized AI is quietly slipping through the backdoor, promising to be the rebellious sibling of Big Tech’s monopolistic empire. But let’s face it: will it last, or is it just another fleeting fascination on the rollercoaster of crypto dreams? 🎢

Barclays, the UK’s second-largest bank (because nothing says “humility” like market cap rankings), revealed they’ve thrown cash at Ubyx, a US startup building clearing systems for tokenized money. Think of it as Monopoly money, but with more lawyers. 🎲

Behold, the alchemists of PumpFun transformed Solana’s blockchain into a carnival of commerce, raking in a staggering $2 billion in a single day. The platform now struts as Solana’s second-largest DEX, eclipsing HumidiFi and Raydium like a peacock preening before pigeons. 🦚

Bloomberg’s Eric Balchunas, that wizard of ETFs, dropped the numbers like a hot mic: $1.2 billion in two days. If this keeps up, he reckons we’re looking at $150 billion annually. “That’s 600% more than 2025,” he said, “which, if you’re keeping track, is like going from a toddler’s allowance to a kleptocrat’s bank balance.”