US Comptroller of the Currency Jonathan Gould and New York Representative Gregory Meeks sparred over Donald Trump’s influence on regulators he has nominated as president at a Thursday oversight hearing.
The proposed breakup of PJM Interconnection could destabilize energy markets, hinder investment, and lead to prolonged consumer cost increases.
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Coinbase's move democratizes access to private market valuations, potentially reshaping investment landscapes and challenging traditional gatekeepers.
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Anthropic says AI now writes most of its code and runs increasingly complex research tasks, leaving people to decide which problems are worth solving.
The EU's tech sovereignty package could reduce foreign dependency, boost local innovation, and reshape global tech market dynamics.
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The EU's 30B carbon market tool could accelerate clean tech investment, but its success hinges on maintaining permit price stability.
The post European Union designs €30B carbon market tool to stabilize prices appeared first on Crypto Briefing.
MicroStrategy's massive unrealized loss highlights the risks of leveraged Bitcoin exposure, potentially impacting market stability and investor confidence.
The post MicroStrategy faces record $11B unrealized loss on Bitcoin holdings appeared first on Crypto Briefing.
Amazon's AI-driven Proteus robot enhances operational efficiency, signaling a shift towards more human-like interactions in automation.
The post Amazon unveils next-gen Proteus robot that takes orders in plain English appeared first on Crypto Briefing.
SpaceX's IPO could reshape the aerospace industry, intensifying competition and altering market dynamics with its unprecedented valuation.
The post SpaceX IPO priced at $135 per share, boosting Musk’s wealth past $750 billion appeared first on Crypto Briefing.
XRP has spent the better part of four months carving out a trading range with a series of contested highs and lows that kept both bulls and bears engaged. That appearance of stability is now under serious threat, as the cryptocurrency has returned to the exact support level that anchored its range lows throughout the consolidation. XRP losing this support level will determine the next significant directional move. XRP Returns To The Same Range Low XRP’s price action on the daily candlestick timeframe chart shows the cryptocurrency is currently locked inside a consolidation range that has been forming since February 2026. The upper boundary of the range is around $1.55, which has capped multiple rallies since February, while the lower boundary is around the $1.26 to $1.28 area. Related Reading: This XRP Move Has Only Happened 4 Times In History And Here’s What Happened Each Time The analysis, which was posted on the social media platform X by crypto analyst ‘Guy on the Earth,’ was made when XRP was trading near $1.279, almost directly on that lower boundary, but the token has since moved lower to around $1.16. That loss of support matters because the range low had been one of the cleanest technical levels on the chart. XRP previously reacted from this area during earlier pullbacks in March and April, making it a point where buyers were expected to defend the structure again. However, now that the situation is different, a weekly close below the range would weaken that assumption and suggest that the months-long sideways movement has ended in favor of sellers. The Downside Scenarios: From $1.10 To $0.63 Analyst Guy on the Earth, whose chart is the basis of this analysis, laid out the case that losing the current support zone puts XRP on a path to $1.10, which is just below the wick low in early February. That scenario already appears to be unfolding, as the cryptocurrency is now trading below the range floor, down by 6.1% in the past 24 hours. Related Reading: Key Volume Signals Are Driving XRP Momentum Amid Market Uncertainty The more consequential question is how far a sustained breakdown extends from $1.10. The most probable bottom zone is between $0.75 and $0.95 if range support is lost and a deeper correction takes hold. Analyst Crypto Patel, weighing in independently on X, pointed to the $1.10-$1.30 range as a current accumulation zone and said if that support breaks, buying anywhere between $0.65 to $0.85 could become a generational entry. That range would be painful for holders, but it would still fit within a larger bullish-market pullback if XRP eventually stabilizes and resumes higher. The worst-case bullish scenario in the analysis is around $0.63, which would mean XRP gives back nearly all of its bull-market gains since late 2023 before finding a durable support. Featured image from Freepik, chart from Tradingview.com
The record borrowing highlights tightening liquidity conditions, potentially impacting lending rates and financial market stability in the UK.
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The ongoing tariff tensions and delayed trade pact implementation could destabilize global supply chains, impacting economic predictability.
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Rep. Bryan Steil said he'll add language to the House congressional stock ban bill to cover prediction markets like Polymarket and Kalshi.
Bitcoin price collapsed as Strategy faced tighter liquidity conditions and paused its BTC buying. Is it time to jump ship, or buy the dip?
Automation's rise could shrink the human-only economy, but human touch remains valuable in certain sectors.
The post Alex Imas: The human-only economy is shrinking, automation will redefine job structures, and we need better data for economic predictions | Dwarkesh appeared first on Crypto Briefing.
The XRP price slid on Wednesday to its lowest level in four months, hitting $1.14. The drop has contributed to a broader soft patch across crypto, and both chart analysis and on-chain indicators are now pointing to a more bearish environment for the altcoin. XRP Price Slips Below Key Averages Market expert Sam Daodu, in a fresh breakdown of what’s driving the move, argued that there currently isn’t much for bulls to lean on. One of the most immediate issues is trend structure. According to Daodu, the XRP price is currently trading below its key moving averages — specifically the 7, 14, and 30-day averages — indicating that the short-term trend is bearish across multiple timeframes. Related Reading: Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days He noted that the weekly exponential moving averages (EMAs) sit higher, clustered between $1.50 and $1.78, which has effectively capped every rebound attempt. That means even when XRP bounces, buyers have struggled to push it out of that upper resistance band. The outlook also looks difficult when comparing the XRP price to the 200-day moving average, a level that Daodu sees as a dividing line between bullish and bearish regimes. The expert placed this key reference price at about $1.64, describing it as a “long climb back” from current trading levels at around $1.17 at the time of writing—underscoring how far the asset would likely need to recover to regain a more constructive trend. Whale Withdrawals Hit 4-Year Low On-chain activity adds another layer of concern for the XRP price. Whale withdrawals from Binance—often viewed as a quieter bullish sign because it can indicate large holders moving assets off exchanges to hold long term—have fallen sharply. Over the past 30 days, whale withdrawals are down to roughly 978 million XRP, which Daodu described as the lowest reading since 2021, essentially a four-year low. In the same period, CryptoQuant data indicates large-holder accumulation has stalled, implying that big holders aren’t adding with conviction during this decline. With this in mind, Daodu’s bearish setup centers on three key price levels. The first is $1.14, which he frames as the near-term technical target. The second is $1.11, the low from February. The third is $1, aligned with the monthly Bollinger floor and treated as a potential endpoint if selling pressure persists. He also emphasized that if macro conditions don’t ease and whales keep showing reluctance to accumulate, these levels could become the next stops. What The Recovery Depends On Daodu also suggested that the path forward may hinge on three factors. The first is whether the XRP price can defend the $1.14. If it holds, the bullish case can still play out; if it breaks, he expects the move could extend toward $1.11 and potentially into the $1 area. The second factor is the CLARITY Act floor vote. A vote scheduled before the August recess would help clarify the regulatory picture, while no vote could deepen disappointment and add to existing macro pressure. Related Reading: Mastercard Unveils Stablecoin Settlement Support Spanning 8 Blockchains, Including The XRP Ledger The third factor is whale behavior again—specifically, whether whale withdrawals from Binance start climbing back above the current 978 million XRP reading over the past 30 days. Rising withdrawals above that level would indicate renewed accumulation by larger holders. Even with these bearish indicators, Daodu cautioned that the drop isn’t necessarily rooted in XRP-specific fundamentals. He argued that the XRP price was pulled lower alongside the rest of the market, meaning the next phase likely depends on how those broader market conditions develop. Featured image created with OpenArt; chart from TradingView.com
Political activist Bill Browder, the teenager’s father, said his son was “the first high school student in the world to be sanctioned by an authoritarian regime” over a report on the ruble-pegged stablecoin A7A5.
The shift in Bitcoin holdings highlights a growing divergence in institutional strategies, potentially impacting market stability and future adoption.
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Rising job cuts and market reactions highlight economic uncertainty, urging investors to closely monitor employment trends and labor reports.
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The White House's top cryptocurrency adviser, Patrick Witt, called the Clarity Act a "pro-enforcement bill," despite pushback.
Broadcom's forecast miss highlights market volatility and raises concerns about the pace of AI infrastructure growth and investment expectations.
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BSTR's active Bitcoin management strategy could redefine crypto investment models but poses significant risks due to market volatility and complexity.
The post Bitcoin Standard Treasury Company aims for Berkshire Hathaway 2.0 model using BTC appeared first on Crypto Briefing.
US spot Bitcoin ETF ownership shifted during the market downturn as hedge funds exited positions, while banks and long-term allocators continued building exposure.
The agreement hints at a diplomatic pivot, yet ongoing tensions and ceasefire breaches suggest enduring instability in the region.
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The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat illicit finance involving cryptocurrency.
EtherFi deploys $100M into Plume, giving users access to institutional RWA yield through its Liquid RWA vault.
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Meta's AI-driven Business Agent could diversify revenue streams, reducing reliance on ads and enhancing customer engagement across platforms.
The post Meta launches Business Agent and Business Agent Platform to boost revenue beyond advertising appeared first on Crypto Briefing.
Ripple’s global payments narrative may be gaining fresh momentum as one of its key partners, Thunes, unveils a new development that could further strengthen cross-border settlement infrastructure. As the demand for faster, cheaper, and more efficient international payments continues to rise, strategic partnerships like Thunes play a crucial role in expanding real-world utility across the XRP ecosystem. Thunes Expands Its Role In The Global Payments Ecosystem A recent announcement from Thunes could significantly strengthen XRP’s position in the global payments landscape. Analyst XFinanceBull on X has revealed that the company has officially launched real-time payment capabilities in the United States through a direct connection with a Tier 1 financial institution, enabling access to ACH, Same-Day ACH, and all real-time payment rails. Related Reading: Key Volume Signals Are Driving XRP Momentum Amid Market Uncertainty The development comes as Thunes continues to strengthen its international footprint. Thunes holds 50 Money Transmitter Licenses, allowing it to operate across every US state and territory, mirroring Ripple’s regulatory reach. Both companies now independently have institutional-grade access to US clearing systems. Thunes network already spans 140 countries, supports 90 currencies, and connects to more than 12 billion mobile wallets, stablecoin wallets, and bank account endpoints. Following its expanded partnership with Ripple in September 2025, Thunes integrated blockchain and digital asset technology into its direct global network, leveraging Ripple payments to enhance its SmartX Treasury System. Meanwhile, Thunes has plugged real-time US settlement into the same network that uses the Ripple blockchain payments infrastructure and XRP as a bridge asset. Over 140 countries can now send money to the US through rails connected to Ripple technology. Ripple payments have near-global coverage with over 90 payout markets processing more than $70 billion in volume. This integration gives XRP a direct pathway into Tier 1 US banking through a partner that holds licenses in every state. Institutional Interest Fuels XRP Ledger’s Next Phase Of Growth The XRP Ledger real-world asset (RWA) ecosystem officially surpassed $3 billion in tokenized value in April. According to an analyst known as BankXRP on X, the incredible insights shared by Luke Judges, Partner Director at RippleX, at Istanbul Blockchain Week, break down exactly where the momentum is heading for real-world asset tokenization. Furthermore, the $3 billion milestone is driven by a highly diversified mix of assets, underscoring Ledger’s expanding institutional utility across multiple segments of finance. Related Reading: Ripple’s Early Banking Ally Now Connected To X Money Expansion Looking ahead, the next big wave of growth is expected to center around cash and cash-equivalent assets. Money market funds and US Treasury bills, alongside tokenized equities, are being viewed as prime targets for infrastructure disruption. The broader vision is moving toward a globally distributed financial system where regulated assets can trade seamlessly across asset classes through a unified order book. Featured image from Peakpx, chart from Tradingview.com
AI funding soars as top companies capture the lion's share, reshaping the tech investment landscape.
The post Thomas Laffont: Unicorn valuations up 70% since September 2024, AI funding per unicorn has increased fivefold, and SpaceX’s valuation is tied to launch cadence | All-In Podcast appeared first on Crypto Briefing.
The surge in global wealth highlights the growing influence of AI and presents untapped opportunities for digital assets in wealth management.
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