Today’s Crypto Highlights

Stay updated with the latest happenings in the cryptocurrency world:

Bitcoin Community Takes Action Against JP Morgan

The Bitcoin community, including supporters of Strategy, the leading BTC treasury firm, has urged a boycott of JP Morgan following the announcement that MSCI may exclude crypto treasury firms from its indexes starting in January 2026.

“I just pulled $20 million from Chase and suing them for credit card malfeasance,” added Grant Cardone, a real estate investor and Bitcoin supporter, endorsing the boycott.

Translation: “I just withdrew $20 million from Chase and am suing them for issues with my credit card.”

Fred Krueger also criticized JP Morgan, noting their history against Bitcoin and decentralized finance.

Concerns Over Zcash’s Impact on Bitcoin Support

Eric Balchunas of Bloomberg has expressed concerns regarding Zcash, suggesting it might undermine Bitcoin’s necessary political and cultural backing at a critical juncture. He likened Zcash to a third-party candidate, which could lead to a split vote.

In a recent post, Balchunas remarked that Zcash holds “third-party candidate vibes, like Gary Johnson or Jill Stein.”

Translation: “Zcash gives off the impression of a third-party candidate, similar to Gary Johnson or Jill Stein.”

Responses from industry figures include Arman Meguerian and Samson Mow, who contested the notion that Bitcoin supporters are expressing interest in Zcash.

Insights from BlackRock’s Digital Assets Head

Robbie Mitchnick remarked that many large asset managers’ clients do not consider Bitcoin’s potential for everyday payments when making investment decisions, calling it a speculative consideration rather than a priority. He emphasized the need for Bitcoin to enhance its usability through scaling solutions.

“There’s a lot that needs to happen in terms of Bitcoin scaling, Lightning, and otherwise to make that possible.”