Crypto News

DeFi Development Corp. (DFDV), the Nasdaq-listed firm pursuing a solana SOL treasury strategy, is planning to get some more dry powder to boost its SOL stack.According to a Thursday press release, the company has secured a $5 billion equity line of credit with RK Capital Management. The agreement allows DeFi Dev to sell shares at its discretion, so long as it meets conditions like filing a resale registration with the U.S. Securities and Exchange Commission. The company said it plans to file the necessary paperwork soon."We now have the flexibility and structure we need to scale," said Joseph Onorati, Chief Executive Officer. "This is a clean, strategic path to continue growing SOL per share and compounding validator yield."DFDV shares rebounded...

A recent report by the ECB confirms that gold, following a significant rally in 2024, has become the second-largest asset held by central banks as a reserve. However, the U.S. dollar still represents over 46% of all funds held by these institutions. ECB Report Acknowledges Gold Reached Second Place Amidst World’s Reserve Assets A recentSource link

Opportunity Cost is a browser extension that displays every price in Bitcoin or Sats, hoping to serve as a memetic tool for mass adoption.Source link

Avalanche AVAX found support after a substantial decline on the short-term, according to CoinDesk Research's technical analysis model.The token is down 5.6% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins — which lost 3.2% in the same period of time.Technical Analysis• AVAX-USD pair declined 6.46% before staging a recovery.• A high-volume support zone emerged around $20.76-$20.85, where strong buying interest reversed the downtrend.• Price action formed a descending channel with resistance at $21.65, which was broken when AVAX climbed above $21.20.• V-shaped reversal pattern formed with strong buying momentum emerging around the $21 psychological support level.• Heavy accumulation occurred, with trading volume...

Bitcoin dips to $107K after inflation data triggers a “sell the news” move—but Ethereum shows stronger technical momentum above key support.Source link