Morgan Stanleys ETF shows banks are all-in on Bitcoin

Morgan Stanleys Bitcoin exchange-traded fund (ETF) has managed to rake in almost $400 million since it was launched in April, which reflects the growing acceptance of cryptocurrencies among financial institutions. As regulations become clearer in the US and the Asian regions, traditional financial institutions are now ready to move on with their businesses in the digital asset economy.  For a wide range of institutional and wealth management clients, a Bitcoin product offered by banks represents what the cryptocurrency industry has always been missing—credibility based on regulations. The change symbolizes not just an increase in demand for investments, but also shows that clearer rules are diminishing the boundaries between conventional finance and cryptocurrencies.  Morgan Stanleys fund becomes the first by a bank to near $400M  According to reports, the Bitcoin ETF from Morgan Stanley, which is being traded on the NYSE Arca, already has more than $391 million in assets under management. This ETF was introduced in April with over $33 million in assets as its opening amount, plus it holds the record of being the first Bitcoin ETF by a large bank. For this week alone, it raised $15.7 million, according to Farside Investors, and Bloomberg Intelligences senior ETF analyst described it as

07-25Industry

TON Price Prediction: Retail Longs Are Overexposed — $1.52 Flush Before Any Real Recovery

TON is stalling at $1.60 with a dead MACD, price trapped below a wall of declining moving averages, and futures longs paying an elevated premium to hold — a textbook setup for a flush toward $1.52–…  TON is parked at $1.60 and the chart is sending a clear message: nobody is in charge right now. Momentum has completely flatlined — the MACD line and its signal have converged to the same reading, leaving the histogram at an absolute dead zero. That‘s not neutrality; that’s exhaustion. The prior bear wave that dragged this asset away from the $1.78 SMA 50 hasn‘t reversed — it’s stalled. And stalled downtrends without a catalyst dont typically resolve to the upside.  What makes this setup particularly telling is the Bollinger Band positioning. At a %B of 0.33, TON is sitting in the lower third of its volatility range — far closer to the $1.52 floor than the $1.75 ceiling. The $1.64 midline, which aligns almost exactly with the 20-day SMA, has already acted as overhead resistance this week. Until TON can close above that level on meaningful volume, this chart is structurally bearish.  The stochastic is showing early signs of a micro uptick — %K has crossed above

07-25Industry

SUI Price Prediction: Lower Band Breakdown — $0.69 Is the Last Real Defense

Timothy Morano  Jul 25, 2026 08:41  SUI has cracked below its entire short-term moving average cluster and is pinned against the Bollinger Band floor at $0.70 with aggressive taker selling dominating the tape; the bear case carries a…  Market Context: Why SUI Is Moving — And Why Its Not Pretty  SUI is at $0.70 after shedding 5.25% in 24 hours, and the chart is not being subtle about it. Every short-term moving average — the 7, 20, and 50-day — is stacked at $0.74, all hanging above the current price like overhead dead weight. The 200-day SMA sits further up at $0.99. This isnt a healthy consolidation inside a functioning uptrend; its a coin trading below every meaningful average while pinned against the lower rail of its Bollinger Band. When price action compresses this hard to the downside, the resolution is binary: capitulation flush followed by a bounce, or a slow grind that turns every long into a bag holder.  Context is brutal here. The optimistic forecasts that circulated in early 2026 — FXEmpire‘s $4 target contingent on reclaiming the 200-day EMA, Coincub’s $3.50 bull case for the full year — have been systematically repriced into oblivion. CoinCodex called for $1.12 by early January. That

07-25Industry

Bitcoin Miners‘ Pivoting to AI Boosted by Poolin’s Bankruptcy Declaration

Poolin filed a bankruptcy petition listing an estimated 10,001 to 25,000 creditors.The filing would have minimal impact on Bitcoins operational security and hashrate.Poolins bankruptcy filing will boost Bitcoin miners pivoting to AI data centers.  Top Bitcoin mining pool, Poolin, filed for Chapter 11 bankruptcy protection alongside two US affiliates. According to reports, the group seeks to sell its West Texas mining assets and wind down operations.  Considering Poolin‘s status in the sector, ecosystem participants are reviewing the potential effects of its bankruptcy filing. Areas under review include Bitcoin’s operational security, network hashrate, and the transformation of industrial mining infrastructure.  For context, Poolins bankruptcy petition lists an estimated 10,001 to 25,000 creditors, assets of between $1 million and $10 million, and liabilities of between $100 million and $500 million. The filing aims to facilitate a court-supervised sale rather than reorganize Poolin as an operating business.  Negligible Effect on Security and Hashrate  Expert review suggests Poolins bankruptcy filing would have minimal impact on the operational security and hashrate of the current Bitcoin network. However, it could lead to the significant acceleration of the macro-level transformation of industrial mining infrastructure toward Artificial Intelligence.  Notably, Poolins operations had already nosedived before the firm officially filed for bankruptcy. Therefore, analysts do

07-25Industry

Crypto.com Prediction Exchange Seeks Federal Shield Ahead of Washington Crackdown

Key TakeawaysOG seeks a permanent federal injunction against Washington gambling enforcement.The exchange says Washingtons July 20 Kalshi injunction creates an imminent threat.OG invokes the CFTCs July 14 order protecting completed Michigan event contracts.  OG invokes CFTCs Michigan intervention  North American Derivatives Exchange Inc., which does business as OG Prediction Markets and Crypto.com | Derivatives North America, filed a federal lawsuit Wednesday seeking to prevent Washington officials from applying state gambling laws to its event contracts. The CFTC-regulated exchange named Attorney General Nick Brown and members of the Washington State Gambling Commission as defendants in the Western District of Washington.  OG is the standalone prediction-market platform launched by Crypto.com on Feb. 3. The platform offers sports, political, financial, cultural and entertainment contracts through the exchange Crypto.com markets as Crypto.com | Derivatives North America, an affiliate registered with the Commodity Futures Trading Commission as a designated contract market and derivatives clearing organization.  The lawsuit does not follow a cease-and-desist order or enforcement case against OG. Instead, the exchange says Washingtons public position and its recent injunction against Kalshi create a “concrete and imminent threat” that officials will target OG next. Washington has maintained since December 2025 that offering or participating in event-contract markets is unauthorized within

07-25Industry

Phantom Says Goodbye To Monad, MetaMask Says “Well Pay Your Gas”

When Phantomannounced it was ending support for Monad, it broke the pattern of chains losing wallet backing in total silence.   Before the news had even settled with the community, MetaMask was already making an indirect reply, essentially reminding users they cover gas to trade on Monad. I don‘t think I’ve seen a wallet rivalry play out this fast or this publicly in a while.  I don‘t think I’ve seen a wallet rivalry play out this fast or this publicly in a while.  Phantoms Exit, And What It Means For Your Funds  Phantom confirmed it plans to end support for the Monad network on August 26, according to a post on X. The team said it will soon begin notifying Monad users directly inside the app, with links to support articles laying out how to move or swap Monad-native assets before the cutoff.  To Phantom‘s credit, the exit plan is genuinely user-protective. All Monad assets will stay fully accessible, meaning users can import their recovery phrase into any Monad-compatible wallet, including after the transition happens, or swap directly to wrapped MON on Solana from inside Phantom itself. The team reiterated throughout that funds remain safe and always belong to the user, since Phantom operates as

07-25Industry

Worldcoin Crashes 10% After the Project Sells 217 Million Tokens for Funding

World Foundation raised $52.5 million in a Worldcoin (WLD) token sale, and every token sold carries a 12-month lockup. Pantera Capital led the first close.   The nonprofit will spend the capital pushing World ID into enterprise platforms, consumer apps, and AI agents.  The World Foundation(@worldcoinfnd) raised $52.5M by selling $WLD.  On-chain data shows it transferred out 217.4M $WLD, suggesting a sale price of $0.2415 per $WLD.  At the same time, the World Foundation has received 47.5M $USDC.  Why the Foundation Sold Locked Tokens  The Foundation sold new tokens into sustained WLD price pressure. Supply is the reason that concession matters. World had unlocked 4.9 billion of 10 billion WLD as of April 10, per its own tokenomics disclosure.  Daily emissions then fell 43% on July 24, dropping from roughly 5.1 million tokens to 2.9 million. Despite this, WLD has struggled.  The altcoin trades near $0.34, down more than 10% in 24 hours and 32.8% over the past 30 days. Large caps have fared better over the same stretch.  Follow us on X to get the latest news as it happens  Worldcoin (WLD) Token Price Performance. Source: BeInCrypto Markets  Bitcoin (BTC) gained 5.4% across 30 days, while Ethereum (ETH) added 14.9%, leaving WLDs decline an outlier rather than a sector move.

07-25Industry

HTX Genesis Hackathon Concludes As Exchange Looks To AI For $HTX Token Boost

Exchange token promotions rarely move the needle for savvy market participants, but HTX is betting a three-month developer sprint can cut through the noise. The HTX Genesis Hackathon, co-hosted by HTX DAO and the AI entity B.AI, officially wrapped up this week, according to the official announcement. Organized by TinTinLand, the event aimed to funnel builder activity toward the exchanges native $HTX token by encouraging projects that blend blockchain with artificial intelligence.  The announcement framed the hackathon as a catalyst for ecosystem growth and long-term token value. Specific winning projects were not disclosed in the PRNewswire release, leaving the market with a high-level message: HTX wants to tie its tokens fortunes to a wave of AI-development activity. For a token that has struggled to differentiate itself in a sector dominated by BNB, OKB, and others, that connection could matter—if it materializes.  Developer pipelines versus token marketing  Hackathons have become a go-to tool for ecosystems looking to fill their pipelines with early-stage projects. The idea is straightforward: attract developers, fund promising ideas, and hope a few become sticky products that generate real on-chain usage. When executed well, these events feed into a cycle that shows up in recent developer activity data across major chains.

07-25Industry

ATOM Price Prediction: Extreme Oversold Meets Broken Structure — Bounce to $1.44 or Accelerate to $1.20?

Darius Baruo  Jul 25, 2026 08:04  ATOM is trading at $1.38 with an RSI of 24.35 and Stochastic readings scraping the floor — a technical setup that historically forces at least a reflex bounce. But with price buried under every mea…  The Immediate Setup  ATOM is a technical disaster right now, and the data isn‘t ambiguous. Sitting at $1.38, it’s trading below every single moving average on the board — short, medium, and long-term. The 7-day SMA at $1.45, the 50-day at $1.65, the 200-day at $1.91. That‘s not just a downtrend; that’s a full-stack bearish alignment where every rally has been a death trap for buyers. Price has also punched through the lower Bollinger Band, which currently sits at $1.39, meaning ATOM is trading outside its statistical range to the downside.  Here‘s what makes this interesting right now, though: the momentum gauges are so deeply compressed that a snap-back becomes almost mechanically inevitable. The RSI hasn’t been this low in a long time. The Stochastic oscillators are sitting at 2.23 and 1.79 — essentially zero. When you see these kinds of readings, you don‘t ask if there’s a bounce; you ask how far it gets before sellers reload. The MACD histogram printing exactly flat

07-25Industry

$285M Drift hacker moves funds after months of silence

Ethereum wallet known as “Drift Exploiter 4” on Etherscan started transferring money associated with the hacking of Drift Protocol, amounting to $285 million in April. According to blockchain security company PeckShield, an address linked with the Drift exploiter sent out about $44.4 million in 23,095.1 ETH to Tornado Cash, with an additional transfer of 0.85 ETH to Bybit.  According to Etherscan transaction records, the wallet is identified as 0xbDdAE987FEe930910fCC5aa403D5688fB440561B and it is seen that the Tornado Cash deposits were segregated into several transactions. The address also belongs to Arkham Intelligences “Drift Protocol Exploiter” group which comprises nearly twenty wallets suspected of being involved with the exploit.  These transactions constitute the first significant movement of the stolen funds in the last four months and make another sizeable amount of illegal crypto available on the market. Although investigators have not made a conclusive attribution, multiple blockchain analytics companies have connected the operation with North Korean state-sponsored hackers or infrastructure utilized in prior operations carried out by the DPRK.  Drift funds begin moving again after months of silence  Drift, the biggest perpetual futures trading platform on Solana, lost approximately $285 million following a hack where scammers exploited the protocol instead of taking advantage of a loophole in

07-25Industry
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