The significant drop in illegal crossings and rise in self-deportations under Trump could reshape U.S. immigration policy and influence crypto remittances.
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The rising costs of AI infrastructure, driven by memory price surges, could reshape profit distribution and investment strategies in tech sectors.
The post Nvidia’s Vera Rubin rack priced at $7.8M, nearly double the Blackwell generation appeared first on Crypto Briefing.
Under the American Reserve Modernization Act of 2026, Bitcoin must be held for a minimum of 20 years unless used to slash national debt.
XRP needs to push past $1.51 before any real breakout becomes possible, according to market commentator Matt Hughes — and one analyst thinks that moment could arrive this week, but not before the market knocks out the weakest holders first. A Pattern Years In The Making MichaelXBT, a widely followed crypto analyst, says XRP has spent months forming a falling wedge on its weekly chart — a structure that typically points toward an upside move once price breaks above the upper boundary. Related Reading: Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle? The coin has been trapped in this pattern since July 2025, when it peaked at $3.66. Since then it has shed about 60%, landing near $1.37 amid a broader market selloff that took hold in October of that year. The upper boundary of the wedge stopped XRP cold multiple times. Attempts near $3 in late 2025 failed. A January 2026 push stalled at $2.41. Now, with price pressing into the narrowest part of the structure, MichaelXBT believes the next move – the “shakeout” – is close. XRP will shake you out this week. Then the breakout will begin. This is by design. They want the masses out. pic.twitter.com/wjtT3JRxDL — Crypto Michael (@MichaelXBT) May 20, 2026 What A Falling Wedge Signals A falling wedge forms when price slides between two downward-sloping lines that gradually narrow. Selling pressure tends to weaken as the pattern develops. When price finally breaks above the upper line, it often triggers a sharp move to the upside. That upper line currently sits around the $1.50 to $1.51 price range for XRP — a level Hughes described as the threshold the asset must clear before a breakout can be confirmed. XRP has not managed a clean close above that area. The pattern, by itself, does not guarantee a rally. But analysts who track this structure say the position of price at the apex — the tip of the wedge — tends to force a decision in one direction or the other. The Shakeout Before The Move MichaelXBT’s warning is less about the breakout itself and more about what happens right before it. He says the market is likely to push XRP lower first, flushing out holders who lack conviction. That kind of move, in his view, is deliberate — designed to clear retail investors before the main move begins. Other analysts raised a similar concern in March, arguing that the next major price action could break the resolve of most ordinary XRP buyers. Related Reading: Crypto Access To Banks In Focus After Trump’s New Executive Order Whether that shakeout plays out as predicted this week is anyone’s guess. For now, XRP sits at a crossroads, pressed against a structure that has been building for nearly a year. Featured image from Unsplash, chart from TradingView
Fantasy.top, Everclear and ZERO Network announced they were winding down on Thursday, adding to a growing list of crypto companies that have closed this year.
Anthropic's growth signals a shift in AI market dynamics, potentially reshaping competitive landscapes and influencing investor strategies.
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The AI remix tool could redefine music industry dynamics, fostering innovation and new revenue streams while challenging traditional copyright norms.
The post Spotify and Universal Music Group launch AI remix tool for fan covers appeared first on Crypto Briefing.
The executive order accelerates banks' crypto integration, potentially reshaping global finance and increasing digital asset adoption.
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The integration enhances productivity and positions OpenAI as a key player in enterprise solutions, potentially boosting investor interest.
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Workday's success suggests AI can enhance legacy software value, alleviating investor concerns about AI-induced obsolescence in enterprise tech.
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Trump Media's Bitcoin strategy highlights the volatility and risks of digital asset investments, impacting corporate financial stability and rankings.
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Coinbase's thematic perpetual contracts could democratize access to diverse global sectors, enhancing market liquidity and trading flexibility.
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Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Aims for Upside Break Ethereum price remained bid above the $2,080 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,100 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. However, the bears are active near $2,150. There is also a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,140 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,110, the price could attempt another increase. Immediate resistance is seen near the $2,140 level. The first key resistance is near the $2,150 level or the 61.8% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The next major resistance is near the $2,176 level. A clear move above the $2,176 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,265 resistance zone or even $2,320 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,110 level. The first major support sits near the $2,065 zone. A clear move below the $2,065 support might push the price toward the $2,020 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,020 Major Resistance Level – $2,150
The CLARITY Act's passage could position the US as a leader in digital asset regulation, fostering innovation and market stability.
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Crypto analyst Will Taylor, known as Cryptoinsightuk on X, said XRP’s market-cap dominance still shows a bullish structure despite its recent pullback from a key range high. His latest chart of XRP.D maps a potential long-term move toward 31.26% dominance, far above the current area near 3.315%. Taylor’s argument centers on market structure rather than short-term sentiment. In the chart, XRP dominance is shown holding above a major horizontal level around 3.315%, after breaking out from a multi-year range and failing to fully clear the 6.127% area. The weekly setup then compresses into a descending wedge, with the analyst suggesting that the retracement has not yet invalidated the broader breakout. “As I look at $XRP.D, I still struggle to feel bearish here,” Taylor wrote. “What I think we’re seeing is: a completed Wyckoff accumulation, a breakout above the major 3.315% resistance, a failed attempt to fully break through the 6.127% range high, then a pullback into a compressed descending wedge.” The Path To 31% Market Dominance For XRP The chart presents 6.127% as the next major range high, while 31.26% is marked much higher on the dominance scale as a possible upside objective. That framing implies an aggressive expansion in XRP’s share of the total crypto market if the analyst’s continuation thesis plays out. It does not require XRP alone to rise in isolation; dominance can also increase if XRP outperforms other major crypto assets during a broader rotation. Related Reading: XRP’s Big Buyers Returned In April But left In May: Capital Inflows Data Explains The Shift Taylor’s focus is on the behavior after the failed push through 6.127%. Rather than seeing the rejection as evidence of distribution, he described the current structure as compression. In his view, a decisive bearish breakdown would likely look different, with stronger downside momentum and heavier sell pressure. “To me, that matters,” he said. “Because descending wedges are often reversal / continuation structures, especially when they’re paired with diminishing volume. If sellers were truly in control, I’d expect to see expanding downside volatility and aggressive sell volume, not compression.” The chart also includes RSI, which has been trending lower alongside price compression. Taylor argued that this does not yet represent a full structural breakdown. Instead, he said the indicator appears to be compressing in its own downtrend while XRP dominance holds above the breakout zone. That distinction is central to his thesis. A market that breaks out, rejects at a higher resistance, then consolidates above former resistance can still be read as constructive, provided the former breakout level is defended. In this case, the 3.315% zone is the key reference point. A sustained loss of that area would weaken the continuation argument, while a breakout from the wedge could bring the 6.127% range high back into focus. The Wyckoff Thesis The Wyckoff labels on Taylor’s chart are central to the bullish reading. The structure marks a long accumulation sequence beginning with preliminary support, or PS, followed by a selling climax and secondary test around the 2020–2021 lows. The subsequent automatic rally, secondary test and “spring” are presented as the base-building phase before XRP dominance reclaimed higher ground. Related Reading: Solana ETF Falls Behind As XRP Collects More Cash—Here’s The Catalyst Driving The Split From there, the chart identifies a move over the “creek”, a Wyckoff term often used to describe the transition out of an accumulation range, followed by a sign of strength near the 6.127% range high. The latest pullback is labeled as an LPS, or last point of support, which in Wyckoff analysis is typically watched as a potential higher-low area before continuation. That makes the 31.26% marker more than a loose upside arrow in Taylor’s framing. The chart is effectively arguing that XRP dominance has moved from accumulation into markup, with the current descending wedge serving as a possible consolidation above the breakout zone rather than evidence of failed demand. The bullish case depends on that LPS interpretation holding; if the structure breaks back below the reclaimed 3.315% level, the Wyckoff continuation thesis would become harder to defend. Taylor also framed the setup as one that may need a catalyst. “It honestly feels like XRP dominance is waiting for a catalyst before attempting another move higher,” he wrote. “I know this goes against a lot of current sentiment and market interpretation, but I’d genuinely love to hear the bearish argument from here structurally, because right now I still see more signs pointing toward bullish continuation than full distribution.” The 31.26% marker gives the chart its most striking implication, but the nearer technical question is whether XRP dominance can continue to hold the reclaimed 3.315% level and resolve the wedge to the upside. For now, Taylor’s read is clear: the structure has pulled back, but in his view, it has not yet broken. At press time, XRP traded at $1.36. Featured image created with DALL.E, chart from TradingView.com
Bitcoin price started a recovery wave above the $77,000 zone. BTC is consolidating and might aim for more gains if it clears the $78,000 resistance zone. Bitcoin managed to form a base above $76,200 and started a recovery wave. The price is trading above $77,000 and the 100 hourly simple moving average. There is a contracting triangle forming with resistance at $77,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $78,000 zone. Bitcoin Price Eyes Fresh Gains Bitcoin price remained supported above the $76,500 zone. BTC formed a base and settled above $76,800 to start a recovery wave. There was a move above the $77,000 and $77,200 levels. The bulls were able to push the price above the 23.6% Fib retracement level of the downward move from the $82,016 swing high to the $76,020 low. However, the bears are active near $78,000. There is also a contracting triangle forming with resistance at $77,900 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $77,200 and the 100 hourly simple moving average. If the price remains stable above $77,200, it could attempt a fresh increase. Immediate resistance is near the $78,000 level. The first key resistance is near the $78,500 level. A close above the $78,500 resistance might send the price further higher. In the stated case, the price could rise and test the $79,000 resistance or the 50% Fib retracement level of the downward move from the $82,016 swing high to the $76,020 low. Any more gains might send the price toward the $81,200 level. The next barrier for the bulls could be $82,000. Another Drop In BTC? If Bitcoin fails to rise above the $78,000 resistance zone, it could start another decline. Immediate support is near the $77,200 level. The first major support is near the $76,800 level. The next support is now near the $76,200 zone. Any more losses might send the price toward the $75,000 support in the near term. The main support now sits at $74,200, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $76,800, followed by $76,200. Major Resistance Levels – $78,000 and $79,000.
Hyperliquid price surged more than 18% in the past 24 hours, pushing the token within touching distance of its all-time high. According to CoinGecko, HYPE is now just 1.4% away from breaking its previous ATH of $59.30, which was set on September 18, 2025. The rally comes as Hyperliquid continues strongly outperforming the broader crypto …
Google's global expansion of AI creative tools could reshape content creation, challenging industry leaders and altering creative workflows.
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Ark Invest bought a total of 139,117 shares of Bullish, worth about $5 million, across three of its ETFs on Thursday.
RLUSD's rapid growth underscores the increasing demand for regulated stablecoins, potentially boosting Ripple's cross-border payment solutions.
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JPMorgan's AI focus may reshape workforce dynamics, emphasizing tech roles over traditional banking, impacting job structures and cost efficiency.
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Binance's move democratizes access to pre-IPO speculation, potentially increasing market participation but also amplifying volatility risks.
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Nakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, buried in the company’s first-quarter financial results, tells the story of where one of the country’s Bitcoin treasury companies now stands. Related Reading: Crypto Access To Banks In Focus After Trump’s New Executive Order A Company Running Low On Options? The Bitcoin accumulation strategy that once drove Nakamoto’s stock above $25 a share has given way to something far less glamorous — selling Bitcoin to cover operating costs. The company reported a net loss of $238 million for the first quarter of the year, with more than $102 million of that tied to a drop in the value of its Bitcoin holdings after the cryptocurrency fell 20% during the quarter. Revenue jumped 500% quarter over quarter, but the losses swamped those gains. Nakamoto holds 5,058 Bitcoin, making it the 20th largest corporate Bitcoin holder in the world, just behind ProCap Financial. Michael Saylor’s Strategy sits at the top of that list with more than 843,000 Bitcoin on its balance sheet — a gap that makes clear how far down the pecking order Nakamoto falls. Following Stockholder Approval, Nakamoto Announces 1-for-40 Reverse Stock Split to be Effective May 22, 2026 Read the full announcement here: https://t.co/AnqTXttIMQ — Nakamoto (@nakamoto) May 20, 2026 Racing The Clock On Nasdaq The company is now focused on a more immediate problem: staying listed on the Nasdaq. Last December, Nasdaq sent Nakamoto a warning after its stock price dropped below $1 for 30 straight trading days. The deadline to fix that is June 8, and the fix the company has chosen is a 1-for-40 reverse stock split, set to take effect Friday. The move was approved by shareholders at a special meeting earlier this month. Under the plan, every 40 shares get combined into one, shrinking the total share count from 696 million down to 17.4 million. The stock closed at 16 cents Wednesday — down 7.5% for the day and more than 99% below where it traded a year ago. A reverse split does not change a company’s overall market value. It is a structural adjustment designed to push the price per share above a listing threshold. Related Reading: Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle? Consolidation Ahead For The Sector Nakamoto’s troubles are not unique. Reports indicate that crypto treasury companies broadly have been in a downturn since 2025, with many trading below the value of the assets on their books. Some have begun selling their Bitcoin holdings to pay down debt. One company, Genius Group, liquidated its entire 84 Bitcoin reserve in February for that purpose. Featured image from Unsplash, chart from TradingView
Resources will be redirected to focus on growing Zerion's API and wallet service, the team said in a Thursday statement.
Workday's margin forecast boost and AI-driven efficiency highlight its potential for sustainable growth amidst competitive pressures.
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Market optimism from potential US-Iran diplomacy could lower energy costs, benefiting consumers but challenging US shale producers.
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Coinbase's launch could revolutionize equity trading by enhancing liquidity and efficiency, but regulatory changes may impact its long-term viability.
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Record Dow close amid falling oil prices suggests potential easing of inflation pressures, impacting Fed policy and market dynamics.
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The rush to file for compute futures ETFs highlights Wall Street's eagerness to capitalize on emerging tech markets, despite regulatory uncertainties.
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The modest output increase amid significant supply disruptions highlights the volatility and unpredictability of global oil markets.
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