JPMorgan predicts bitcoin will outperform stocks, bonds, and gold over the next decade, Microsoft and Alphabet push back against tokenized versions of their shares, and France moves closer to taxing crypto-to-stablecoin swaps. @jennsanasie has what you need to know. Thank you to @SPGlobalRatings 👋 for being a sponsor of the CoinDesk Media Network.

JUST IN: Switzerland’s FINMA approves the country’s first retail $BTC fund, allowing direct Bitcoin investment for everyday investors under strict risk disclosure and custody requirements.

NEW: @NEARProtocol launches NEAR Business, a confidential multisig treasury platform letting crypto-native teams manage payroll, vendor payments and capital allocation across 35+ chains without exposing transaction details publicly.

LATEST: @OpenZeppelin, recently acquired by S&P Global, embeds @Chainlink’s CCIP and compliance tools natively across its smart contract platform, creating a unified security and interoperability stack for institutional onchain operations.

“I still believe we can break out beyond the $85K levels back up towards that $100K.” - @DavidDuong

NEW: French lawmakers narrowly approve a proposal to tax crypto-to-stablecoin swaps at 31.4% from January 2027, but the amendment still needs Senate approval and budget reconciliation before becoming law.

NEW: @XRP gets its first official X account after 14 years, jointly operated by @Ripple and the @XRPLF, with CEO @bgarlinghouse saying “This one has been a long time coming.”

JUST IN: @Revolut suffers a major Europe-wide outage with 30 services including card payments, crypto, transfers and stock trading partially unavailable, affecting millions of customers across the UK, Ireland, France and Spain.

LATEST: @BlackRock files for a managed protection $BTC ETF, offering downside buffers via options on $IBIT in exchange for capped upside, targeting early January 2027 under proposed ticker $PBIT.

NEW: @Meshpay partners with @Visa to let consumers spend crypto and stablecoin balances at 175M+ merchant locations worldwide.

📮 COINDESK HEADLINES: CFTC rebuffs CME's legal stance in consequential fight over perpetual futures Presented by @Chainlink Subscribe Today: coindesk.com/newsletters?ter…

LATEST: Tether CEO Paulo Ardoino posted on X that his company is often way ahead of government sanctions when it freezes suspicious transactions — a point he contends a recent report from Senate Democrats ignored. coindesk.com/policy/2026/10/…

NEW: Super League shareholders approve Metaplanet's deal to invest 2,100 BTC and $2.5 million in the company, paving the way for a U.S.-listed Bitcoin treasury firm called Superplanet. The deal is expected to close in Q4 2026, with Superplanet trading on Nasdaq under the ticker $SUPA.