ZEC Rebounds 11%! Trump says he won’t pardon Sam Bankman-Fried! Florida revisits it’s Strategic Bitcoin Reserve!
Crypto majors are mostly flat ahead of today’s supreme court opinion on the trump tariffs; btc +1% at $90,300; eth 13% at $3,090, sol +3% at $138; xrp +1% to $2.10. Polygon (+11%), zec (+11%) and syrup (+7%) led top movers. Jpmorgan said the recent bitcoin and ethereum sell-off may be bottoming, pointing to improving positioning and easing downside pressure after early-year weakness. Bank of america analysts upgraded coinbase to buy, citing improved regulatory clarity, growing institutional adoption, and stronger long-term earnings visibility. Morgan stanley is planning to launch a digital wallet later this year that could support tokenized assets, including private company equity. Florida lawmakers renewed their push for a state-level bitcoin reserve. Ethereum’s validator exit queue fully cleared, easing delays that had impacted liquid staking protocols and validator withdrawals. Polygon labs unveiled the open money stack, an initiative designed to streamline stablecoin payments. Polygon is reportedly close to acquiring coinme, a major bitcoin atm operator. Trump said that he won’t pardon ftx founder sam bankman-fried.
Key Takeaways
- Crypto majors are mostly flat ahead of today’s supreme court opinion on the trump tariffs; btc +1% at $90,300; eth 13% at $3,090, sol +3% at $138; xrp +1% to $2.10.
- Polygon (+11%), zec (+11%) and syrup (+7%) led top movers.
- Jpmorgan said the recent bitcoin and ethereum sell-off may be bottoming, pointing to improving positioning and easing downside pressure after early-year weakness.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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