Keyrock’s $1.1 billion valuation signals accelerating institutional conviction 
in crypto infrastructure as major financial players deepen exposure to 
liquidity, trading, and tokenized market services worldwide. Keyrock 
Valuation, SC Ventures Investment, Crypto Infrastructure Expansion A Brussels- 
based digital asset firm secured fresh capital to expand its global footprint 
and service offerings, marking a notable shift in institutional […]

Keyrock Secures $1.1B Valuation After Ripple Support and SC Ventures Funding Drive Expansion

Bittensor (TAO) has emerged as one of the market’s strongest performers this 
month, rallying roughly 73% over the past 30 days even as larger 
cryptocurrencies staged a more modest recovery. NVIDIA Nod Fuels TAO Rally 
Market analyst Alex Carchidi argues that a key catalyst was public recognition 
from a major tech figure. NVIDIA CEO Jensen Huang recently acknowledged 
decentralized AI training — the core use case Bittensor champions — as a 
practical approach after hearing about the project’s latest technical 
milestone. Related Reading: US Labor Department Eyes 401(k) Crypto Access, 
Bitcoin Considered In New Rule The analyst asserted that the endorsement 
amplified investor interest in the Bittensor blockchain by validating the 
concept that training large language models (LLMs) can be accomplished outside 
centralized data centers. Bittensor’s most recent achievement centers on its 
Templar subnet, which reportedly trained Covenant‑72B, a 72‑billion‑parameter 
LLM, through a decentralized collaboration involving more than 70 contributors 
using commercially available hardware. That accomplishment is noteworthy 
because large‑scale model training normally requires substantial capital and 
tightly controlled infrastructure; proving such a model can be trained in a 
distributed manner lends credibility to Bittensor’s thesis that subnets can 
marshal meaningful compute to build economically valuable services. Bittensor 
At Risk If Subnets Don’t Scale Carchidi also points to TAO’s tokenomics as a 
potential upside factor. The chain’s supply dynamics partially resemble 
Bitcoin’s (BTC), a design Cardichi finds appealing for long‑term appreciation 
if the network continues to produce in‑demand services. Still, he cautions 
that the project faces a critical shortcoming: so far, its subnets have not 
demonstrated robust, sustainable demand that translates into meaningful 
external revenue. The current economics underline that concern. The protocol’s 
distribution of newly minted TAO results in the top subnet receiving roughly 
$52 million in annualized subsidies from the chain, while that subnet brings 
in at most about $2.4 million in outside revenue. Across the entire Bittensor 
network, demand‑side revenue ranges from approximately $3 million to $15 
million a year, set against a token market capitalization near $3.3 billion. 
Cardichi concluded that those figures create what he deems as “a valuation 
mismatch” that could put TAO’s price at risk if the subnets fail to scale 
revenue significantly. Key Price Levels To Watch Technical levels add another 
layer to the outlook. TAO was trading around $308 at the time of writing, with 
immediate resistance positioned near $315 after failing to consolidate above 
it during last week’s rally. Related Reading: XRP Price Alert: Expert Predicts 
$0.80 On Bitcoin’s Potential Retreat To $60,000 Analyst Ali Martinez had 
previously outlined a key conditional scenario for the Bittensor token. Should 
the support level of $315 hold, the rally could extend towards $580. This 
makes the $315 level one of the most important to reclaim right now. However, 
last week’s inability to breach mid‑term resistance at $378 contributed to the 
pullback to $308, leaving TAO almost 60% below its all‑time high of $757. 
Featured image from OpenArt, chart from TradingView.com

TAO Rockets 70% — Here’s What Fueled Bittensor Move And The Near‑Term Outlook

Bitcoin price started a recovery wave above $67,500. BTC is now consolidating 
below $68,800 and might struggle to continue higher. Bitcoin started a 
recovery wave above $67,000 and $67,200. The price is trading above $67,000 
and the 100 hourly simple moving average. There is a rising channel forming 
with resistance at $68,800 on the hourly chart of the BTC/USD pair (data feed 
from Kraken). The pair might start another decline if it stays below the 
$68,500 and $68,800 levels. Bitcoin Price Eyes Recovery Bitcoin price formed a 
base above $65,500 and started a recovery wave. BTC was able to settle above 
$66,000 to move into a short-term positive zone. The price climbed above the 
$67,200 resistance zone. The bulls even cleared the 38.2% Fib retracement 
level of the downward move from the $71,986 swing high to the $65,030 low. 
However, the bears are now active near the $68,500 resistance zone. Bitcoin is 
now trading above $67,000 and the 100 hourly simple moving average. If the 
price remains stable above $67,000, it could attempt a fresh increase. 
Immediate resistance is near the $68,500 level or the 50% Fib retracement 
level of the downward move from the $71,986 swing high to the $65,030 low. The 
first key resistance is near the $68,800 level. There is also a rising channel 
forming with resistance at $68,800 on the hourly chart of the BTC/USD pair. A 
close above the $68,800 resistance might send the price further higher. In the 
stated case, the price could rise and test the $69,250 resistance. Any more 
gains might send the price toward the $69,500 level. The next barrier for the 
bulls could be $70,000. Another Drop In BTC? If Bitcoin fails to rise above 
the $68,800 resistance zone, it could start another decline. Immediate support 
is near the $67,000 level. The first major support is near the $66,800 level. 
The next support is now near the $65,800 zone. Any more losses might send the 
price toward the $65,800 support in the near term. The main support now sits 
at $65,000, below which BTC might struggle to recover in the near term. 
Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish 
zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above 
the 50 level. Major Support Levels – $67,000, followed by $65,800. Major 
Resistance Levels – $68,500 and $68,800.

Bitcoin Price Recovery at Risk, Sellers Prepare to Reassert Control

Flexa ends a seven-year crypto payments experiment, shutting down its SPEDN 
app while pivoting toward scalable infrastructure for merchants and partners, 
signaling a shift from consumer-facing pilots to broader digital asset 
integration across existing payment systems. Flexa SPEDN Shutdown Crypto 
Payments Pivot Strategy A digital payments company marked the end of a long- 
running crypto pilot […]

Flexa Retires SPEDN After 7 Years, Shifts to Scalable Crypto Payment Infrastructure

XRP continues to show signs of weakness as bearish pressure steadily builds 
beneath the surface. Despite brief relief bounces, the lack of strong follow- 
through highlights a market still firmly under seller control. With key 
resistance holding and downside structure intact, momentum appears to be 
shifting toward a deeper move, bringing the $0.87 support level increasingly 
into focus. XRP Struggles To Find Strength As Bearish Pressure Builds Crypto 
analyst CasiTrades recently revealed that XRP’s price action remains notably 
weak, signaling that a significant move to the downside is getting closer. 
There is a firm expectation that XRP will eventually move lower to reach 
established support levels. The prevailing sentiment is one of caution as the 
market prepares for a potential breakdown. Related Reading: XRP Nears Key 
Turning Point As Descending Wedge Tightens While the descent is taking its 
time, a process described as incredibly frustrating for those watching the 
charts, the trajectory remains pointed downward. This slow grind lower 
suggests that the final target hasn&#8217;t been met yet, even if the pace of the 
move has been sluggish. A defining characteristic of the current market is the 
extreme weakness seen in every attempted bounce. Relief moves are consistently 
being cut short around the .382 Fibonacci retracement level, a clear technical 
indicator that sellers remain firmly in control. CasiTrades highlighted that 
selling momentum picked up again within a 1-hour period on Monday. This sudden 
increase in activity suggests that the market will likely not stay slow for 
much longer. As the bears reassert their influence, the stage is set for a 
more volatile push toward the lower support zones mentioned in the analysis. 
$1.31 Emerges As Key Resistance Barrier According to CasiTrades, XRP is 
currently attempting to stabilize around the $1.31 level, but this zone is 
viewed as a key resistance area, specifically the Wave 4 extreme within the 
broader structure. The ongoing hesitation and lack of strong follow-through at 
this level come as no surprise, as price typically struggles when testing 
important resistance after a corrective move. Furthermore, the analyst 
emphasizes that once this level breaks, the downside could accelerate rapidly. 
Related Reading: XRP At Key Transition Zone, And History Says Move Is Near 
CasiTrades continues to track a developing Wave 3 move to the downside, with a 
primary target around $1.09 and possible subwave extensions reaching as low as 
$1.06. After that, a temporary Wave 4 relief bounce is expected to take place, 
with the price potentially retracing back into the $1.22 to $1.31 range before 
facing renewed resistance. From there, the broader trend is projected to 
continue lower toward the $0.87 macro support zone. While the move has been 
slower than anticipated, the overall structure remains intact, with price 
gradually aligning with the bearish outlook. Featured image from Adobe Stock, 
chart from Tradingview.com

Cryptocurrency price in NZD