Ripple (XRP) extends its recovery in tandem with major cryptocurrencies, trading above $2.80 on Friday. The prevailing technical structure reinforces XRP's bullish case and upholds the potential to rally above the critical psychological resistance at $3.00.
Strategy (MSTR) is modestly up on Thursday as the firm revealed that it could be forced to sell part of its Bitcoin (BTC) holdings if subjected to a corporate alternative minimum tax (CAMT) on unrealized gains from its digital asset reserve.
A transaction made headlines on Friday after a dormant wallet, last active for more than 14 years, transferred 50,000 Bitcoin (BTC) in a single day. The transaction, valued at around $5.4 billion, caught the attention of crypto enthusiasts.