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Ripple Spikes 3% as Gold Slides and Bitcoin Extends Gains

Cross-asset rotation is driving new inflows into risk assets as XRP outperforms major altcoins and regains leverage at $2.50 before profit-taking sets in. News background XRP posted a 3% intraday gain on Monday as traders rotated out of defensive assets amid gold’s retreat and a modest rise in bitcoin. The move came as broader markets […]

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Gains 2.5% confirm double bottom reversal

Aave’s control sign AAVE$231.54the world’s largest decentralized lending protocol, rose 2.5% to over $230 on Tuesday afternoon, recovering from an overnight selloff. Pushing through key resistance levels, the token confirmed a double-bottom support zone between $220 and $221.13, triggering a reversal as volume surged nearly 90% above daily averages, according to CoinDesk Research’s analysis model.

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Filecoin (FIL) jumps more than 4% after retracing the $1.60 resistance level

FILE$1.6447 rose over 4% to $1.65 early Tuesday afternoon, breaking above a key $1.60 psychological resistance, according to CoinDesk Research’s technical analysis model. The model showed institutional accumulation with two large spikes above 140% of average volume. The storage token decisively broke through the $1.60 resistance after weeks of consolidation, according to the model. Price

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HBAR falls 4.3% as institutional selling breaks key support before late rebound

HBAR fell 4.3% on Monday, falling from $0.1802 to $0.1725, as heavy selling in Asian hours broke key support levels. The token’s lower ups and downs marked a clear bearish shift, with price action consolidating above a $0.0120 range. Trading volume increased 71% above its daily average, with 67.16 million tokens exchanged at 04:00 GMT

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BitcoinOS Raises $10M to Expand Institutional BTCFi Capabilities

BitcoinOS (BOS) has raised $10 million to expand its institutional Bitcoin funding tools and developer protocols. The round was led by Greenfield Capital with participation from FalconX, DNA Fund, Bitcoin Frontier Fund and a group of angel investors, including Anchorage Digital CEO Nathan McCauley and Spartan Group’s Leeor Groen, BOS announced via email on Tuesday.

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Strategy (MSTR) Gets Buy Rating from Citi on Bullish Bitcoin (BTC) Outlook

Investment bank Citi ( C ) initiated coverage of the strategy ( MSTR ) with a buy/high risk rating and a price target of $485, positioning the stock as a leveraged bet on bitcoin BTC$113,327.29. MSTR shares were 1.5% higher in early trading Tuesday, around $301. The price target reflects Citi’s 12-month bitcoin forecast of

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Arch Eyes helps holders cut US taxes with mining investments

Bitcoin BTC$111,370.63 Holders facing steep tax bills have a new option to ease the burden – by converting what they owe into income-producing mining hardware. Crypto lending firm Arch is rolling out TaxShield, which uses a specific provision of the US tax code – bonus write-off under IRS §168(k) – that allows investors to write

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Bitcoin Miner Core Scientific (CORZ) Just ‘Nice to Have’: CRWV’s Michael Intrator

CoreWeave ( CRWV ) CEO Michael Intrator told CNBC the company won’t raise its full $9 billion offer for bitcoin miner Core Scientific ( CORZ ), calling the purchase a “nice to have, not a need to have.” He said the offer fairly reflects the relative value of both companies and that CoreWeave will proceed

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BTC, ETH prices fall as selling pressure returns

The crypto market succumbed to selling pressure on Tuesday with bitcoin BTC$108,680.12 and ether ETH$3,883.68 falling back from relative safety into a zone that could see the two largest cryptocurrencies by market capitalization challenge multi-month lows. BTC is trading at $107,800, while ETH is at $3,867 after bouncing over the weekend before giving back gains

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