Bitcoin climbs after President Trump says trade relations with China will be fine: CNBC Crypto World

Market Trends & Digital Asset Expansion - Bitcoin climbed 1% to $114,000, Ether rose approximately 25%, and XRP increased by 4% [2] - Wall Street firms like JP Morgan and Bank of America are expanding their presence in the digital asset space, driven by a more favorable regulatory environment in the US [3] - An international group of 10 major banks, including Goldman Sachs, Bank of America, Deutsche Bank, and BNP Paribas, are exploring the joint issuance of a stablecoin focused on G7 currencies [4] - JP Morgan is developing a deposit token called JPMD, an alternative to stablecoins, to serve as a digital representation of commercial bank money [6] Corporate Strategy & Innovation - City aims to launch its crypto custody service by 2026, developing both in-house technology and exploring partnerships with third parties [2][3] - House of Doge, the corporate arm of the Dogecoin Foundation, is merging with gaming platform Brag House to list on the NASDAQ, aiming to bring payments, tokenization, and gaming to the platform [10] - House of Doge plans to leverage the Dogecoin community to launch verticals around payments and tokenization, creating alternative asset products [13] - House of Doge aims to tokenize various assets, including sports teams, to enable broader ownership and enhance fan engagement [21][24] Regulatory & Technological Considerations - Banks are in talks with regulators regarding the issuance of stablecoins [5] - JP Morgan is taking an "and" approach, exploring both existing markets and new opportunities in the digital asset space, including stablecoins and deposit tokens [7] - House of Doge acknowledges the need for stability in cryptocurrency transactions and is considering incorporating stablecoins alongside Dogecoin [31]