Bitcoin ended the week above $91,000, signaling ongoing strength for the digital asset into the weekend. Bank of America upgraded Coinbase to a Buy rating from Neutral, leaving its $340 price target unchanged. Roger Bayston, head of digital assets at Franklin Templeton, discussed the investment firm’s partnership with Wyoming on the state’s stable token.
The BoA upgrade highlights continued institutional interest in major crypto names and signals a constructive tone for the sector, even as policymakers and regulators evaluate crypto assets. The Wyoming-backed stable token concept underscores a growing push to bring on-chain finance into regulated markets and institutional portfolios. Investors will watch how this initiative develops as stable tokens gain traction in regulated finance, with potential implications for tokenization and crypto market infrastructure. The price action and investor discourse suggest ongoing curiosity and capital flow into digital assets amid evolving regulation.
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