Bitcoin Updates: Supporters of Bitcoin Challenge JPMorgan to Stop MSCI’s Plan for Exclusion
- Bitcoin advocates and MicroStrategy supporters boycott JPMorgan over MSCI's plan to exclude crypto firms from major indices starting 2026. - Prominent figures like Grant Cardone withdraw funds/lawsuit JPMorgan, warning the rule could trigger $11.6B losses for MicroStrategy via index-linked sell-offs. - MSCI's proposal risks destabilizing crypto markets by forcing companies to reduce holdings, with Bitcoin down 30% from October peaks and MicroStrategy's valuation premium collapsing. - The debate highlight
The
The boycott gained traction after influential voices in the Bitcoin space called for collective action. Real estate mogul and Bitcoin advocate Grant Cardone stated he had pulled $20 million from JPMorgan Chase and initiated legal action over credit card policies, while commentator Max Keiser encouraged followers to "bring down JPMorgan and invest in
Michael Saylor, the founder of MicroStrategy, has stood by the company’s business model, stressing that it operates as a "Bitcoin-backed structured finance company" rather than a passive investment vehicle. "Funds and trusts simply hold assets. Holding companies retain investments. We actively create, structure, issue, and manage," Saylor said in a public statement
The planned rule adjustment could have far-reaching effects on the crypto sector. Experts caution that forced reductions in crypto holdings by impacted companies may worsen price drops, especially since Bitcoin has already decreased by over 30% from its October high. The proposal also brings up questions about how digital asset treasury firms should be classified, as MSCI is considering whether these organizations should be treated like investment funds, which are not eligible for index inclusion
With MSCI’s decision deadline set for January 15, 2026, the ongoing debate highlights the increasing friction between established financial institutions and the crypto industry. While Saylor remains resolute, JPMorgan analysts warn that being removed from the index would represent a "negative" signal for MicroStrategy’s ability to raise capital and maintain trading liquidity
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USDe's total value locked drops by 50% even as onchain activity remains strong, highlighting the vulnerability of DeFi yields
- Ethena's USDe stablecoin TVL fell 50% to $7.6B amid yield compression and unwinding leveraged carry trades, despite rising onchain transaction volume. - The synthetic stablecoin's 5.1% APY now lags Aave's 5.4% USDC borrowing rates, triggering outflows as leverage strategies become unprofitable. - Collapsing 10x leverage loops and maturing perpetual tokens accelerated TVL decline, exposing fragility of yield-bearing stablecoins in risk-off markets. - Chaos Labs recommends lowering Aave V3 stablecoin borro
Klarna's CEO Turns Crypto Skepticism into a Stablecoin Innovation
- Klarna , a Swedish fintech , launches KlarnaUSD, its first stablecoin, after CEO Sebastian Siemiatkowski previously dismissed crypto as impractical. - Pegged to the U.S. dollar, the stablecoin uses Stripe's Open Issuance platform and Tempo blockchain, with a 2026 public launch planned. - Aimed at cutting $120 billion in annual cross-border payment fees, it targets 114 million users and $112 billion in GMV, aligning with a $27 trillion stablecoin market surge. - The move deepens Klarna's partnership with
Bitcoin News Today: Bitcoin’s $13.3B Options Expiration Depends on 15% Surge to Protect Major Positions
- Bitcoin (BTC-USD) fell 30% from its $126,000 peak to $87,080 amid ETF outflows, stablecoin liquidity declines, and leverage unwinds. - A $13.3B options expiry on Dec 26, 2025, features a $1.74B call condor bet targeting $100,000–$118,000, with profits capped at $112,000. - November saw $3.5B in Bitcoin ETF outflows, while stablecoin market cap dropped $4.6B, signaling heightened liquidity risks. - Market stability signs include a 32 RSI near oversold levels and reduced downside protection costs, though s
Bitcoin Updates Today: Bitcoin's Volatility: Surrender or Endurance from Institutions?
- Bitcoin's recent price drop and negative funding rates suggest market capitulation, with open interest collapsing 32% since late October 2025. - Institutional holdings like KindlyMD's $681M BTC stash and Harvard's ETF investments highlight growing long-term confidence in Bitcoin's stability. - Q3 2025 crypto VC surged 290% to $4.65B, while experts diverge: Standard Chartered targets $200K BTC by year-end, Kraken predicts $80K–$100K consolidation. - Macro risks including Japan's reserve rules and AI-drive
Trending news
MoreCrypto prices
More
