Bitwise states that BNY Mellon, Citi, DBS, Deutsche Bank, JPMorgan, Soci é t é G é n é rale, and UBS have extensive cryptocurrency exposure in the fields of trading, payments, ETFs, and tokenization. (Cointelegraph)
According to Coinbase's report, its market share has reached a new high of 8.6%, with quarterly trading volume reaching $202 billion, and it will shift its focus to the Base, USDC, and on chain payment sectors. (Cointelegraph)
Kraken's parent company Payward has applied for an OCC license and plans to become a federal bank providing Bitcoin and cryptocurrency services. (Bitcoin Archive)
The three major US stock indices closed higher, with the Nasdaq up 1.71%, the S&P 500 up 0.84%, the Dow Jones Industrial Average up 0.02%, and the Philadelphia Semiconductor Index up over 5%. Storage chip stocks led the gains, with Micron Technology rising over 15% and Intel rising over 13%, both reaching new highs.