Leading cryptocurrency assets traded lower as Gold approached $5,000 and Silver neared the $100 mark; Bitcoin slipped 1% to $89,100, Ethereum dropped 2% to $2,925, Solana fell 2% to $127, and XRP declined 2% to trade at $1.90. Meanwhile, ZRO (+15%), AXS (+10%), and DASH (+8%) paced the market’s strongest gainers.
Hardware wallet provider Ledger is readying a $4 billion initial public offering, engaging Barclays, Jefferies, and Goldman Sachs to assist with the process. Ripple Chief Executive Brad Garlinghouse forecasted that the digital asset sector could achieve fresh record highs in 2026, identifying expanding institutional involvement and regulatory tailwinds as primary catalysts.
Former President Donald Trump initiated a $5 billion legal action against JPMorgan, claiming he experienced politically driven “debanking.” In public equity markets, BitGo experienced an initial price spike during its market debut before ending its opening trading session slightly above its $18 listing target.
BlackRock Chief Executive Larry Fink advocated for utilizing a unified blockchain network for asset tokenization in order to mitigate corruption risks and enhance scalability. At the state level, Kansas lawmakers unveiled a proposal establishing a state Bitcoin Strategic Reserve.
Consulting giant PwC reported that institutional adoption of cryptocurrency has reached an irreversible milestone, as regulatory regimes transition from provisional guidelines to active, formal oversight. Simultaneously, U.S. Treasury Secretary Scott Bessent reiterated the Trump administration’s commitment to advancing American leadership in digital assets and backing a national strategic Bitcoin reserve.
Originally published at https://decrypt.co/videos/interviews/VpBdSuOE/trump-sues-jpmorgan-for-5b-ledger-prepares-for-4b-ipo-crypto-adoption-is-no-longer-reversible-says-pwc.
