BTC falls below $86,000

Quick Take Summary is AI generated, newsroom reviewed. BitMine purchased 28,625 ETH worth $82.11 million. Purchase happened during a market dip, showing confidence. BitMine is steadily building a long-term Ethereum treasury. Other institutions may follow, boosting market sentiment.References Tom Lee's BitMine has bought 28,625 $ETH worth $82.11 million.

Quick Take Summary is AI generated, newsroom reviewed. Flag formed between 1.89 and 1.96 USDT with support at 1.8810 USDT. Breakout from 1.92 USDT produced a rally to 2.076 USDT. Chart included clear annotations: green target, red resistance, yellow support, orange breakout. Current price sits near 2.055 USDT with $3.85B volume and strong liquidity.References X Post Reference

Quick Take Summary is AI generated, newsroom reviewed. Grayscale is launching its XRP Trust ETF (GXRP) on NYSE Arca, following SEC certification of the listing. The product holds spot XRP and offers a passive exposure to the asset, with Coinbase Custody serving as custodian. The management fee is temporarily waived (0% for the first three months or up to $1 billion in assets). The launch coincides with a market rotation, where XRP products saw $179.6 million in inflows last week despite outflows from BTC a

Quick Take Summary is AI generated, newsroom reviewed. The Franklin XRP ETF received NYSE certification, a key step toward launch. Final approval from the SEC is still required before trading begins. The ETF will hold XRP directly, with custody by Coinbase Trust. Listing could increase institutional adoption and offer a safer way to invest in XRP.References UPDATE: The NYSE has certified its approval to list and register the Franklin $XRP ETF.