This week's crypto scene is heating up with some eyebrow-raising moves. JPMorgan is catching flak from the Bitcoin community over their upcoming leveraged Bitcoin-backed notes set to drop in December 2025. Critics are calling it a rigged play against Strategy and other firms stacking BTC in their corporate treasuries. The timing feels deliberate—some say it's Wall Street's way of muscling into the Bitcoin game while potentially kneecapping early movers.
Meanwhile, Animoca Brands' Yat Siu is placing his chips on altcoins making a comeback. His bullish stance suggests he's seeing upside potential beyond Bitcoin's current dominance. Whether that's contrarian genius or premature optimism, only time will tell. But it's a reminder that while institutions wrestle over Bitcoin products, builders are still betting on the broader crypto ecosystem's growth.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
TradingNightmare
· 12h ago
JPM's operation this time is really amazing. They only released BTC notes in December, isn't it just to play people for suckers after the institutions have finished their layout... I'm too familiar with this trap.
View OriginalReply0
MrDecoder
· 12h ago
Ha, JP Morgan is stirring up trouble again. This method is really amazing. Want to grab a spot before December? I see this as the routine of Wall Street—waiting for us to pave the way before they come in to harvest.
However, I am a bit surprised that Yat Siu is optimistic about alts. Is this round really going to reverse? Or is it purely a contrarian move?
View OriginalReply0
AirdropHermit
· 12h ago
This move by JPM does make it easy for people to think in the wrong direction. December is still a year away, and if there really is going to be a dumping, there should have been signs by then.
View OriginalReply0
MentalWealthHarvester
· 12h ago
JPMorgan's recent moves are really impressive; they're starting to lay the groundwork now even though they won't launch until December. It's truly paving the way for themselves... Those early Coin Hoarding folks must be feeling quite annoyed.
View OriginalReply0
OnChainDetective
· 12h ago
ngl, the timing on jpm's december drop feels way too convenient... checked the wallet clustering and transaction patterns, some serious coordination vibes here. classic institutional playbook—enter the game after retail bleeds out 🔍
Reply0
BearMarketMonk
· 13h ago
jpm's move is indeed dirty, it's clear that they want to play people for suckers by harvesting the chips of early players... yat siu is optimistic about alts? Then I'm even more optimistic about his vision.
This week's crypto scene is heating up with some eyebrow-raising moves. JPMorgan is catching flak from the Bitcoin community over their upcoming leveraged Bitcoin-backed notes set to drop in December 2025. Critics are calling it a rigged play against Strategy and other firms stacking BTC in their corporate treasuries. The timing feels deliberate—some say it's Wall Street's way of muscling into the Bitcoin game while potentially kneecapping early movers.
Meanwhile, Animoca Brands' Yat Siu is placing his chips on altcoins making a comeback. His bullish stance suggests he's seeing upside potential beyond Bitcoin's current dominance. Whether that's contrarian genius or premature optimism, only time will tell. But it's a reminder that while institutions wrestle over Bitcoin products, builders are still betting on the broader crypto ecosystem's growth.