Cryptocurrencies experienced mixed movements, with ZEC and Polygon both surging by 11%. According to reports, JPMorgan suggests that Bitcoin and Ethereum's recent sell-off may be bottoming out. Bank of America analysts upgraded Coinbase to buy, citing improved regulatory clarity and growing institutional adoption. Morgan Stanley is reportedly planning to launch a digital wallet that could support tokenized assets. Florida lawmakers are renewing their push for 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 won’t pardon FTX founder Sam Bankman-Fried.

Cryptocurrencies experienced mixed movements, with ZEC and Polygon both surging by 11%. According to reports, JPMorgan suggests that Bitcoin and Ethereum's recent sell-off may be bottoming out. Bank of America analysts upgraded Coinbase to buy, citing improved regulatory clarity and growing institutional adoption. Morgan Stanley is reportedly planning to launch a digital wallet that could support tokenized assets. Florida lawmakers are renewing their push for 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 won’t pardon FTX founder Sam Bankman-Fried.