Bitcoin Net Liquidations Stay Negative Near $40M: Analyst Warns Downside Still In Play

Morgan Stanley is set to launch its own crypto trading service on the E*Trade platform in early 2026, thanks to a partnership with Zerohash. This move allows E*Trade clients to trade popular cryptocurrencies like Bitcoin, Ethereum, and Solana, marking a significant advancement in the financial services sector's embrace of digital assets. This initiative not only highlights Morgan Stanley's commitment to innovation but also reflects the growing acceptance of cryptocurrencies in mainstream finance.

Bitcoin's recent price dip has attracted buyers, as data suggests it is trading at a discount. However, analysts caution that charts indicate a possible sell-off could drive the price down to $106,000. This situation is significant as it reflects the volatile nature of cryptocurrency trading, where market sentiment can shift rapidly, impacting both investors and the broader financial landscape.

OranjeBTC is set to become Brazil's largest publicly-traded Bitcoin treasury firm with its upcoming listing on the B3 stock exchange. This move is significant as it highlights the growing acceptance and integration of cryptocurrencies in mainstream finance, potentially attracting more investors and legitimizing Bitcoin as a viable asset class in Brazil.

The recent 25-basis-point rate cut by the U.S. Federal Reserve led to a temporary surge in Bitcoin's price, reaching $118,000. However, this rally was short-lived as the price failed to maintain momentum, reflecting ongoing bearish sentiment in the market. This matters because it highlights the challenges Bitcoin faces in gaining traction despite favorable economic conditions, raising questions about its stability and future performance.

The FTX Recovery Trust has taken a significant step by suing Genesis Digital Assets to reclaim $1.15 billion in funds that were allegedly transferred fraudulently by Sam Bankman-Fried, the co-founder of the now-defunct FTX exchange. This lawsuit, filed in the US Bankruptcy Court for Delaware, highlights the ongoing efforts to recover lost assets and hold accountable those involved in the collapse of FTX. It matters because it could set a precedent for similar cases in the cryptocurrency sector, emphasizing the importance of accountability in financial transactions.

In a recent interview with Cointelegraph, Bitwise CIO Matt Hougan shared an optimistic outlook on Bitcoin, predicting it could surpass $1 million by 2035. He attributes this potential surge to the increasing acceptance of cryptocurrency by Wall Street, which could significantly influence market dynamics. This insight is important as it highlights the growing legitimacy of digital currencies and their potential role in the future of finance.

Fold has launched a new Bitcoin rewards card, making it incredibly simple for users to earn Bitcoin with every purchase. Backed by major players like Visa and Stripe, this card eliminates the complexities often associated with cryptocurrency transactions, allowing users to earn real BTC effortlessly. This innovation is significant as it bridges the gap between traditional finance and the growing world of digital currencies, making Bitcoin more accessible to everyday consumers.

Ethereum is experiencing a significant downturn, marking the largest liquidation wave since 2021 as it struggles to maintain its value near the $4,000 mark. This decline is part of a broader bearish trend in the cryptocurrency market, which has raised concerns among investors about the future stability of altcoins. The recent liquidations highlight the volatility of the crypto space and serve as a cautionary tale for those involved in trading, emphasizing the risks associated with long positions in a fluctuating market.

The Liquidium Foundation has introduced an innovative liquid staking framework for Rune-based tokens on Bitcoin's layer-1 network. This new protocol allows users to stake their tokens while keeping them in their native Bitcoin format, enhancing wallet security through Internet Computer's chain fusion technology. Initially, it supports Liquidium's LIQ tokens, marking a significant step forward in the integration of staking within the Bitcoin ecosystem. This development is important as it opens up new opportunities for users to earn rewards while maintaining the security and integrity of their assets.

Bitcoin's current bull cycle appears to be entering a late phase, as indicated by rising profit-taking metrics, according to Glassnode. This trend mirrors previous peaks in past bull markets, raising questions about whether investors should anticipate new all-time highs. Understanding these patterns is crucial for investors looking to navigate the volatile cryptocurrency market.

SkyBridge CEO Anthony Scaramucci has dismissed concerns over the recent drop in Bitcoin prices, stating that such fluctuations are part of a normal cycle. During a segment on CNBC's Squawk Box, he emphasized that these short-term changes do not impact his long-term bullish outlook for Bitcoin, which he believes is still on track to reach $150,000. This perspective is significant as it reassures investors during a volatile period, suggesting that patience may be rewarded in the cryptocurrency market.

E*Trade is set to allow its clients to trade Bitcoin, Ether, and Solana starting in 2026, marking a significant step for Morgan Stanley as it enters the cryptocurrency market with the support of Zerohash. This move is important as it reflects the growing acceptance of digital currencies in mainstream finance, providing more options for investors and potentially increasing market participation.

Ethereum is currently at a crucial juncture after breaking out of a rising wedge pattern, which initially sparked optimism for higher price targets. However, the upcoming retest of a key support zone between $3,900 and $4,100 will be pivotal in determining whether this breakout is genuine or just a false alarm. This situation is significant for investors and traders as it could influence Ethereum's price trajectory in the near future.

At the recent XRP Seoul 2025 event, Midas and Interop Labs unveiled an innovative product called mXRP, a tokenized version of XRP that promises to create a consistent buying pressure of around $700 million annually. This new model not only allows users to earn yield but also ensures that returns are reinvested back into XRP, potentially boosting its market stability and value. This development is significant as it could enhance investor confidence and drive further adoption of XRP in the cryptocurrency market.

The CFTC is taking a significant step by exploring the use of stablecoins as tokenized collateral in derivatives, which could revolutionize the U.S. derivatives markets. This initiative aims to modernize trading practices by integrating blockchain technology, potentially increasing efficiency and transparency in the financial sector.

Justin Sun has announced a new brand identity for TRON in a heartfelt letter to the community, coinciding with the platform's eighth anniversary. This rebranding effort highlights TRON's commitment to innovation and its growing influence in the blockchain space. By celebrating this milestone, Sun aims to strengthen community ties and inspire further development within the ecosystem, making it a significant moment for TRON enthusiasts and stakeholders.

Morgan Stanley is set to launch its own crypto trading service on the E*Trade platform in early 2026, thanks to a partnership with Zerohash. This move allows E*Trade clients to trade popular cryptocurrencies like Bitcoin, Ethereum, and Solana, marking a significant advancement in the financial services sector's embrace of digital assets. This initiative not only highlights Morgan Stanley's commitment to innovation but also reflects the growing acceptance of cryptocurrencies in mainstream finance.

Fed Chair Jerome Powell has highlighted the fragility of the job market following the Federal Reserve's first rate cut in nine months. This warning comes as futures markets anticipate further easing measures. Understanding these developments is crucial as they indicate potential shifts in economic policy that could impact employment and inflation.