Morgan Stanley to launch digital wallet for tokenized assets: Barron’s

Key Takeaways Morgan Stanley is set to introduce a digital wallet by the end of the year. The wallet will support tokenized assets, potentially including private company equities. Share this article Morgan Stanley is doubling down on digital assets as part of the company’s 2026 roadmap. According to Barron’s, the banking giant plans to launch a digital wallet later this year following its bid to roll out a lineup of crypto products. The wallet, expected to launch in the second half of 2026, is designed to support tokenized assets ranging…

Ethereum is Linux for the Open Internet of Value

The Ethereum network, a decentralized layer-1 blockchain that executes smart contracts, is analogous to the open-source operating system Linux, according to Ethereum co-founder Vitalik Buterin.  Linux and Ethereum are both open source and feature custom-tailored implementations. Linux achieves this through developers building custom modifications of software, while Ethereum does it through its layer-2 (L2) scaling networks, Buterin said. Linux has provided value to “billions” of individuals, enterprises and state governments “without compromising” on its open source ethos or decentralization, Buterin said, adding:  “We must make sure that Ethereum L1 works…

Google hits fresh intraday high after brief surge to $330

Key Takeaways Google is testing a new all time closing high after briefly reaching a record intraday price near $330. The rally has lifted Google past Apple in market value as AI progress and investor demand support shares. Share this article Alphabet, the parent company of Google, saw its shares open about 1% higher on Thursday, briefly reaching a new intraday record near $330 before paring gains as technology stocks weakened more broadly. The stock had previously touched an all-time high in late November, when shares briefly reached $328. Google’s…

How Low Will ZEC Price Go Amid Zcash Governance Turmoil?

Zcash’s technical and fundamental catalysts raise the odds of ZEC price declining to as low as $200 in the coming weeks after core developers exited the project. Zcash (ZEC) slid more than 20% on Thursday to around $381, marking its weakest price level in three weeks, as markets reacted to the sudden resignation of the core development team from the Electric Coin Company (ECC). Key takeaways: ZEC/USD hourly price chart. Source: TradingView Former CEO Josh Swihart confirmed that the team will form a new company to continue privacy-focused development. But…

Michael Saylor meets with Senator Jim Justice to discuss digital assets

Key Takeaways Michael Saylor and Phong Le met with Senator Jim Justice to discuss digital assets. Saylor advocates for a US strategic Bitcoin reserve, promoting its potential as a stable and valuable treasury asset. Share this article Michael Saylor visited Washington this week and met with Senator Jim Justice to discuss digital assets. The Executive Chairman of Strategy on Thursday shared a photo on X highlighting his engagement with Justice. The photo features Saylor alongside Strategy CEO Phong Le, with the group posing alongside the senator’s famous bulldog, Babydog. In…

Could $10 Be Next This Cycle?

XRP is seeing renewed outflows from Upbit, echoing a 2024 trend that preceded a sharp price rally. Read more. Ripple’s XRP token is once again drawing attention. Large amounts of the token are leaving major exchanges, including Upbit and Binance. The last time this happened on Upbit in late 2024, the asset’s price rose sharply. Now, similar outflows are being seen, raising questions about what might come next. XRP Supply on Upbit Is Falling Again In November 2024, XRP reserves on Upbit dropped from 6.6 billion to under 6…

Polymarket User Profits And Disappears After Big Maduro Bet

A Polymarket account that earned about $400,000 from a controversial and well-timed bet on the capture of then-Venezuelan President Nicolás Maduro is no longer accessible on the platform. The Polymarket page for account “0x31a56e,” which placed about $32,000 on Maduro’s removal as president just before news emerged of his capture by US military and law enforcement, now returns a dead link, Cointelegraph has confirmed. As of Thursday about 1:00 p.m. UTC, the page showed an error saying “Oops… we didn’t forecast this,” while other users’ pages remain accessible. The development…

Bootstrap Board Split For Non-Profit Law, Zcash Wallet Investment

Bootstrap, the nonprofit that supports the privacy-focused cryptocurrency Zcash, said a recent governance dispute that led to the departure of key board members stemmed from the legal limits nonprofits face when seeking outside investment. The comments follow the decision by the Electric Coin Company, the main development team behind Zcash (ZEC), to separate from Bootstrap and form a new company. ECC cited concerns over what it described as “malicious governance actions,” Cointelegraph reported Thursday. In its official response, Bootstrap said the board members engaged in discussions regarding “external investment and…

Florida considers Bitcoin-focused crypto reserve under new House bill

Key Takeaways Introduction of House Bill 1039 aims to establish the Florida Strategic Cryptocurrency Reserve. The reserve will be a special fund managed by the state’s Chief Financial Officer. Share this article A new bill filed in the Florida House seeks to establish a state-managed strategic crypto reserve, giving the state authority to acquire, hold, and invest in large-cap digital assets. Sponsored by Rep. John Snyder, the legislation, House Bill 1039 (HB 1039), would authorize the creation of the Florida Strategic Cryptocurrency Reserve as a special fund managed by the…

Zcash Governance Crisis Forces Full Exit of Electric Coin Company Staff

A governance clash inside Zcash escalated into a full developer walkout. The protocol, however, itself remains unaffected. Zcash’s core development team has resigned en masse following a growing governance dispute with the non-profit board that oversees the Electric Coin Company (ECC), the primary developer of the privacy-focused blockchain. In a statement shared on X, ECC CEO Josh Swihart said the entire team was “constructively discharged” after fundamental changes to their employment terms were imposed by the Bootstrap board, a 501(c)(3) nonprofit established to govern ECC and support the Zcash…