Cryptocurrencies experienced mixed movements, with ZEC and Polygon both surging by 11%. According to reports, JPMorgan suggests that the recent sell-off in Bitcoin and Ethereum may be bottoming out. Bank of America analysts upgraded Coinbase to a buy rating, citing improved regulatory clarity and growing institutional adoption. Morgan Stanley is reportedly planning to launch a digital wallet supporting tokenized assets. Florida lawmakers are renewing efforts to establish a state-level Bitcoin reserve. Polygon Labs unveiled the Open Money Stack to streamline stablecoin payments and is reportedly close to acquiring Coinme, a Bitcoin ATM operator. Former President Trump stated he will not pardon FTX founder Sam Bankman-Fried.

Cryptocurrencies experienced mixed movements, with ZEC and Polygon both surging by 11%. According to reports, JPMorgan suggests that the recent sell-off in Bitcoin and Ethereum may be bottoming out. Bank of America analysts upgraded Coinbase to a buy rating, citing improved regulatory clarity and growing institutional adoption. Morgan Stanley is reportedly planning to launch a digital wallet supporting tokenized assets. Florida lawmakers are renewing efforts to establish a state-level Bitcoin reserve. Polygon Labs unveiled the Open Money Stack to streamline stablecoin payments and is reportedly close to acquiring Coinme, a Bitcoin ATM operator. Former President Trump stated he will not pardon FTX founder Sam Bankman-Fried.