Federal Reserve Board of Governors member Adriana Kugler announced her resignation on Aug. 1, paving the way for a Trump nominee at the US central bank.
An executive order paving the way for crypto to be included in 401(k) plans is also helping boost prices on Thursday.
Avalanche (AVAX) is starting to flash signs of a potential trend reversal as a clear double bottom pattern forms on the weekly chart. With price action building strength, bulls now have their sights set on the next key Fibonacci resistance zone. Double Bottom Strengthens: Can Fibonacci Levels Hold? In a recent analysis of the weekly chart posted on X, The Boss, a market analyst, highlighted that Avalanche is currently establishing a solid technical foundation. He noted the emergence of a clear double bottom formation, often considered a reliable reversal signal when confirmed. Related Reading: AVAX Ready For Range Breakout – Bulls Eye $36 Price Target According to The Boss, if this bullish pattern continues to play out, traders should keep an eye on the resistance zones marked by yellow lines, which are based on Fibonacci retracement levels. The Boss emphasized that the most critical level to watch is the horizontal resistance represented by the green line. He explained that a strong weekly close above this area would likely act as a technical catalyst, potentially unlocking more upside for AVAX in the near term Charting Key Technical Indicators Sharing further technical breakdown, The Boss drew attention to several key indicators that signal growing bullish momentum for AVAX. One of the standout observations is the MACD on the weekly chart, which is on the verge of a bullish crossover—a classic signal that buying pressure is gaining strength. Related Reading: Avalanche Bulls Eye Breakout, But Mid-Term Caution Clouds The View The Boss also noted that the Relative Strength Index (RSI) is hovering around 55, just above the midpoint of the neutral zone. This positioning, coupled with its upward tilt, reflects a shift in momentum that favors the bulls. If the key indicator continues this upward trajectory, it could reinforce the developing bullish sentiment. Turning to the ADX, The Boss explained that while it remains below the 25 threshold—typically used to define a strong trend—it is showing gradual signs of strengthening. He suggested that a move above 25 would add weight to the bullish case by confirming the emergence of a more defined upward trend. Volume was another factor that The Boss highlighted in his analysis. He pointed out a steady increase in trading volume over recent weeks, which often signifies growing investor interest and confidence. In his view, this uptick supports the technical outlook and adds fuel to the potential breakout scenario. However, The Boss issued a note of caution despite the promising setup. He emphasized that crypto markets are inherently volatile, and for this bullish case to hold, price action must remain above key resistance zones. Traders, he advised, should watch closely for confirmation from indicators and weekly closes to validate the continuation of the trend. Featured image from Getty Images, chart from Tradingview.com
Bitcoin (BTC) price led the wider altcoin in a mild rebound on Thursday against the U.S. dollar. The flagship coin surged as much as 2% in the past 24 hours to reclaim a crucial support level above $116k during the mid-North American session. Ethereum (ETH) led the wider altcoin market in a mild rebound amid …
Union Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning to Bitcoin mining, per an Aug. 7 statement. According to the firm, the move is focused on harnessing the natural gas from its West Newton site in East Yorkshire to generate electricity for […]
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Union Jack Oil’s new Bitcoin mining plan could turn stalled gas wells into early cash flow, potentially paving the way for one of the UK’s first corporate Bitcoin treasuries.
The rapid advancements in AI models like Grok could accelerate technological innovation, potentially reshaping industries and scientific research.
The post Musk teases Grok 5 launch by year-end, says Grok 4 outsmarts OpenAI’s GPT-5 appeared first on Crypto Briefing.
MetaMask, one of the most widely used Web3 wallets with over 100 million users, has officially integrated the Sei Network, a Layer-1 blockchain known for its speed and scalability. This major update now allows users to access Sei’s decentralized applications (dApps), tokens, NFTs, and perform SEI transactions directly from MetaMask, without the need for third-party tools or bridges. Related Reading: Solana (SOL) Poised for Move – Can It Clear This Barrier? With this integration, the total number of supported blockchains in MetaMask rises to 11, further strengthening its position as a leading multi-chain wallet. A dedicated Sei section within the MetaMask Portfolio now offers users a smooth entry point to the network’s gaming, DeFi, and NFT ecosystem. Sei’s Ecosystem Growth Fuels Investor Optimism The timing of this integration couldn’t be better for the token. The network has recently achieved significant growth milestones: over 4.2 million daily transactions, a TVL surpassing $600 million, and 11 million monthly active users, all since launching its EVM-compatible chain less than a year ago. The tokenimproved accessibility through MetaMask is expected to attract more developers and users alike, expanding the reach of its high-performance blockchain infrastructure. According to Justin Barlow of the Sei Development Foundation, this marks a strategic leap toward making Sei the “best EVM ecosystem.” Market interest in the SEI token has already responded positively, with a 2.5% uptick post-announcement, and more upside could be in play. SEI's price trends to the upside on the daily chart. Source: SEIUSDT on Tradingview Bullish Indicators Suggest This Crypto Could Hit $0.50 Soon Several technical indicators are flashing green for the token. The Supertrend indicator has flipped bullish on the weekly chart, a signal previously followed by substantial price increases. Supporting metrics include: RSI (14): 51.3 — Neutral, room to climb Stochastic (9,6): 63.4 — Buy signal ADX (14): 28.9 — Strengthening trend Williams %R: -43.5 — Momentum building Crypto analyst @ali_charts predicts SEI could soon reach $0.54, citing strong chart structure and renewed investor confidence. With growing on-chain activity, seamless MetaMask access, and technical support, the SEI token appears poised for a breakout. Related Reading: US Delay On Bitcoin Audit Is A Bullish Red Flag, Says Strike CEO The MetaMask’s Sei integration is not just a win for convenience, it signals a bullish bet on the future of decentralized interoperability as Web3 shifts toward a multi-chain reality. Cover image from ChatGPT, SUIUSD chart from Tradingview
Built with Provenance Blockchain, NUVA offers institutional-grade tokenized assets like stablecoin securities and HELOCs.
Two Seas Capital has come out against Core Scientific's proposed all-stock acquisition by AI cloud provider CoreWeave.
SharpLink Gaming has raised $200 million from institutional investors in a direct stock offering to further fuel its Ethereum (ETH) buying spree and take its holdings beyond $2 billion. The funding round, expected to close Aug. 8, was priced at $19.50 per share and led by A.G.P./Alliance Global Partners. Societe Generale acted as co-placement agent, […]
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Trump’s executive order comes as a group of bank associations are trying to block bank applications from four digital asset firms.
GPT-5's advanced reasoning and adaptability could revolutionize AI applications, enhancing productivity and decision-making across industries.
The post OpenAI drops GPT-5 and it decides when to giga-think so you don’t have to appeared first on Crypto Briefing.
A new analysis by popular crypto chartist EGRAG CRYPTO on the social media platform X provides an in-depth look at five technical markets on XRP’s path forward. Notably, XRP’s price action has been experiencing a slight retracement and consolidation in early August following a rally in July during which XRP broke above $3 and reached new all-time highs. Key Things To Watch Out For With XRP’s Price Action Currently trading just around the $3.00 psychological level, XRP’s price action is witnessing volatile candles across shorter timeframes. However, according to the technical outlook from EGRAG CRYPTO, XRP bulls appear to be defending key zones around $2.90, amidst the broader market sentiment remaining cautiously optimistic. Related Reading: XRP Price Crash Could Deepen As Bearish Formations Gather The first key thing to watch out for is bullish closings above $3. Zooming into the 4-hour timeframe, EGRAG’s first key observation is that XRP has managed to close multiple candlesticks above the $3.00 threshold. This level is not only psychological but also a strong confidence booster for traders looking for confirmation of bullish continuation. Secondly, the charts show that most of the candle wicks are forming from the upside, a sign that while sellers are active, they have not overwhelmed the buying strength just yet. However, the third key thing to watch out for is a possible correction. Particularly, EGRAG noted that a retest of the $2.96 to $2.93 price zone is possible in the near term. This price range has been marked as a short-term support zone, where buyers could look to reload if XRP briefly dips. That being said, the more critical level for bulls to protect is $2.80, which is the fourth key thing to watch out for. According to the analyst, closing below $2.80 again would undermine the bullish structure and could cause downside momentum. As such, holding above this level is crucial for maintaining bullish momentum. Price Target Goals The fifth key thing to watch out for as the bull market unfolds is price targets that can confirm bullish momentum. In terms of price targets and resistances, EGRAG noted specific price levels that would reflect new bullish energy and possibly a breakout to new all-time highs. Related Reading: Analyst Warns XRP Investors Not To Let Fear Dictate Moves As Long As Price Holds This Level The first milestone is a close above $3.185. This level previously acted as a rejection zone in late July. Therefore, breaching $3.185 with conviction would flip sentiment more decisively in favor of the bulls. Above that, the analyst highlighted $3.25 as the next key checkpoint, and surpassing it would put XRP in a strong technical position. The resistance targets beyond that are $3.33 and $3.45, and these are breakout zones that could cause a new all-time high scenario. These targets align with the upper resistance blocks illustrated on EGRAG’s charts, and any solid close above $3.45 can be interpreted as a move to at least $3.65. At the time of writing, XRP is trading at $3, up by 2.4% in the past 24 hours. Featured image from iStock, chart from Tradingview.com
The New York Department of Financial Services (NYDFS) has imposed a $48.5 million penalty on Paxos as part of its enforcement action against the stablecoin issuer, according to an Aug. 7 announcement. The settlement includes a $26.5 million civil monetary fine and mandates Paxos to spend an additional $22 million over three years to strengthen […]
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Франция переходит на новый этап внедрения криптовалют, поскольку партия крайнего правого крыла Rassemblement National (RN) готовит законопроект, разрешающий использовать неиспользуемую ядерную энергию для майнинга Биткоина. По информации французской газеты Le Monde, лидер партии и трижды выдвигавшийся в президенты Марин Ле Пен продвигала этот план во время визита на АЭС Фламанвиль 11 марта, заявив, что это разумный способ превратить упущенное электричество в “надежные и крайне прибыльные” цифровые активы. План Франции: майнить Биткоин с помощью ядерной энергии Предложение Rassemblement National стало одной из самых обсуждаемых криптоинициатив во Франции. Партия утверждает, что поскольку Франция часто производит больше электроэнергии, чем потребляет, излишки не должны пропадать впустую. Законодатель от RN Орелиен Лопес-Лигуори подготовил законопроект о размещении оборудования для майнинга Биткоина на ядерных объектах компании Électricité de France (EDF), государственной энергетической компании. Идея состоит в том, чтобы направить неиспользуемую ядерную энергию (до одного гигаватта избытков) прямо на майнинговые фермы. Поскольку более 70% французской электроэнергии производится на АЭС, избыточные объемы электроэнергии продаются с убытком или даже за счет Франции передаются соседним странам. Вместо того чтобы продавать лишнюю энергию в убыток, Франция будет использовать ее для более выгодного дела – майнинга Биткоина и сохранения прибыли. Законопроект, поданный в Национальное собрание Франции 11 июля 2025 года, предусматривает пятилетнюю пилотную программу, которая позволит энергетическим компаниям создавать майнинговые предприятия непосредственно на АЭС. По внутренним оценкам, это может приносить от 100 до 150 миллионов долларов дохода в год. Политический поворот: от скептиков к сторонникам криптовалют Поддержка майнинга Биткоина со стороны Rassemblement National обозначает резкий поворот в отношении партии к криптовалюте. В 2016 году Марин Ле Пен была категорически против криптовалют, считая, что они лишат граждан контроля над финансами и увеличат власть глобальных банков, выступая за полный запрет их использования во Франции. Однако к 2022 году Ле Пен смягчила свою позицию, начав поддерживать регулируемое использование криптовалют в финансовой сфере. А к 2025 году она открыто выступает за майнинг Биткоина как часть национальной стратегии, что отражает значительные изменения как внутри её партии, так и в общественном политическом дискурсе по теме крипто. После неудачи подобного предложения в июне 2025 года депутат Лопес-Лигуори переработал законопроект, сделав акцент на национальную инфраструктуру и экономическое восстановление, утверждая, что план поможет сделать Францию более экономически независимой и решить давнюю проблему с избыточной энергией. В случае принятия Франция станет первой страной в Европе, официально связавшей майнинг Биткоина, поддерживаемый государством, с ядерной энергией, задавая пример другим странам, стремящимся заработать на избыточной возобновляемой или ядерной энергии. Быки стремятся превратить уровень $114 000 в поддержку. Источник: BTCUSD on TradingView.com Токен Maxi Doge (MAXI) собирает $400 тыс. на предпродаже, поскольку трейдеры проявляют интерес Maxi Doge (MAXI) – это новый смелый мем-коин, построенный вокруг культуры “только вверх”, которая определяет крипто-бычьи рынки. Токен дает сообществу шанс “выйти из душной комнаты”, уйти от ограничений и получить доступ к потенциальным сделкам x1000 через Maxi Fund. 25% общей эмиссии направлены на поиск самых взрывных токенов цикла, без стоп-лоссов, без страха и с одним правилом: если цена падает – удваивай ставку! Такие инвестиции с высоким риском и высокой уверенностью для тех, кто хочет либо поучить максимальную прибыль, либо уйти с рынка с пустыми руками. Maxi Doge создан для настоящих криптоэкстремалов! Предпродажа еще актуальна: неавно бло собрано целых $400 000. Чтобы купить токен $MAXI прямо сейчас, достаточно зайти на официальный сайт Maxi Doge и подключить свой криптокошелек (например, Best Wallet). Вы можете обменять USDT или ETH на токен, либо инвестировать в проект с помощью банковской карты.
OpenAI launched a GPT‑5 today, its most powerful model to date.
Omni Network (OMNI) continues to ride a powerful bullish wave one week after its debut on South Korea’s top exchange, Upbit. As of now, the token trades at approximately $5, marking a 276% surge over the past 30 days, with the listing acting as a major catalyst in drawing global investor attention. Related Reading: Bitcoin Could See Another Crash To Fill This Imbalance Before Rally To $120,000 Launched to tackle fragmentation in Ethereum’s growing rollup ecosystem, Omni Network is fast becoming a favorite among both retail and institutional investors. The network’s promise of seamless interoperability between Ethereum rollups, powered by OMNI as a universal gas token, has boosted its bullish momentum. Why OMNI Is Outperforming the Market OMNI’s remarkable ascent began with its July 29 listing on Upbit. Within hours, the token surged from $2.50 to over $7.80, before stabilizing around $5. High trading volumes exceeding $580 million supported the magnitude of investor demand. Technical indicators remain bullish. The MACD line continues to trend above the signal line, while RSI levels, though overbought, suggest sustained momentum. Analysts view $4.36 as a crucial support level, with $5.98 and $6.94 serving as key resistance points. A breakout above these could pave the way to $10 and beyond in the coming months. Beyond speculative interest, the token’s utility adds long-term value. Its dual staking model, which includes both the token and restaked ETH, combined with its universal gas marketplace, makes it a foundational infrastructure layer in Ethereum’s modular future. OMNI's price trends to the upside on low timeframes breaking out of a downtrend and hinting at further profits. Source: OMNIUSD on Tradingview Outlook: Can This Crypto Keep the Momentum Going? Omni Network’s design aligns well with the Ethereum roadmap, and its market performance reflects strong confidence in its value proposition. With just over 10 million OMNI tokens currently in circulation, and most allocations under long-term vesting, supply remains constrained, adding to upward price pressure. If adoption among Ethereum rollups continues and trading volumes hold, the token could hit $10–$30 within the next 12–24 months, according to mid-to-long-term forecasts. Related Reading: Dogecoin Doomed To Chop? Analyst Sees $0.90–$1.50 Top—But Not Anytime Soon For now, the Omni Network story is one of strong fundamentals, positive technicals, and a market narrative centered on blockchain support, place OMNI as one of 2025’s most promising Layer 1 tokens. Cover image from ChatGPT, OMNIUSD chart from Tradingview
Chainlink's reserve initiative could enhance its financial sustainability, potentially increasing trust and adoption across DeFi and enterprise sectors.
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Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. According to the report, the attackers use malicious Ethereum-based smart contracts disguised as trading bots to target individuals who follow seemingly educational content on YouTube. The report added that these scams have been active since early 2024 […]
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Coinbase adds dYdX native network integration while geopolitical tensions drive investors toward decentralized alternatives.
The Minneapolis-based firm's ether holdings sit at 521,939 ETH as of its latest purchases.
NEAR Protocol surged 5% in a 24-hour rally before late-session volatility erased gains, as institutional flows met resistance amid shifting macroeconomic conditions.
Bitcoin is entering a critical phase after losing the crucial $115,000 support level, with selling pressure mounting across key timeframes. The bullish momentum that previously fueled upside moves has faded, and price action now signals growing market weakness. As investor sentiment shifts from cautious optimism to concern, fears of a deeper correction below $110,000 are gaining traction among analysts. Related Reading: Ethereum Bears Dominate Market Orders: -$418.8M Daily Net Taker Volume Signals Trouble According to CryptoQuant analyst Axel Adler, Bitcoin has established a short-term resistance level at $112,000—a constructive sign that the market is attempting to stabilize. However, Adler warns that the $112K–$105K zone remains structurally fragile, acting as a buffer that separates current price levels from more aggressive downside risk. If sellers push BTC below $105K, it could trigger a cascade of long liquidations and shake out short-term holders. With macroeconomic uncertainty and declining ETF flows weighing on sentiment, Bitcoin’s path forward depends on how it reacts within this range. A recovery above $112K would signal resilience, while a breakdown could open the door to a broader market correction. Short-Term Holder Risk Grows As Bitcoin Fails To Reclaim Momentum According to Adler, the current structure of the Bitcoin market shows growing vulnerability, particularly among short-term holders (STHs). Adler points out that the 1-week to 1-month STH Realized Price sits at $117,000, meaning this entire cohort is now underwater. These investors, who tend to react emotionally to short-term volatility, may be the first to panic-sell if any negative catalysts emerge—potentially triggering a cascade of sell-offs across the broader market. Adler further highlights the $105,000 level as a critical support zone, based on the aggregated STH Realized Price. If Bitcoin drops into this range, the pressure to hold will intensify, but it may also act as a strong technical and psychological level that could slow or even reverse the downtrend. “The market remains weak,” Adler reaffirmed, maintaining his bearish stance from the day prior. He emphasized that retail investors are failing to push the price higher, and the lack of sustained demand adds to the growing structural weakness in the market. Compounding the stress is recent weak US jobs data, which has sparked fresh speculation about potential interest rate cuts from the Federal Reserve. While this could be bullish for risk assets in the long run, the current uncertainty is adding pressure to already fragile market sentiment. Related Reading: Bitcoin Net Taker Volume Stays Bearish – Fragile Market Structure Risks Liquidation Cascade Bitcoin Attempts Recovery Amid Resistance Cluster The 4-hour chart for Bitcoin (BTC) reveals a key battle playing out below the $116K resistance zone. After briefly dipping below $113K earlier this week, BTC has rebounded and is now trading around $115,478, approaching the 100 and 200 moving averages—currently acting as overhead resistance at $116,596 and $115,799, respectively. The price is also attempting to break back above the horizontal support-turned-resistance at $115,724, a level that held during July’s consolidation range. This cluster of resistance—formed by the SMAs and horizontal level—poses a significant short-term hurdle. A clean breakout above this zone with strong volume could signal renewed bullish momentum and open the path toward retesting the $122K range high. Related Reading: Is Bitcoin Overheated? Key Signal Flashes Warning Similar To 2021 And 2024 Market Tops However, volume remains relatively low compared to the July breakout, and the failed attempts to reclaim higher levels suggest buyers are cautious. Unless BTC can reclaim and consolidate above $116K, the rejection risk remains high, potentially pushing the price back into the lower $112K–$113K support band. Featured image from Dall-E, chart from TradingView
With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud.
Bitcoin bounces back as traders highlight the next BTC price targets and resistance levels — can bulls take control?
A 7-second clip showing GPT-4o morphing into GPT-5 has the AI community losing its collective mind. Here’s what to expect.
Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays.
The New York Department of Financial Services (NYDFS) said the fine was due to a lack of anti-money laundering oversight.
Bitcoin’s ascent to its all-time high unfolded against a very unusual backdrop: steadily compressing volatility. While most markets tend to exhibit rising implied volatility as prices push higher, Bitcoin has done the opposite, especially in recent months. This behavior is perfectly captured by the Bitcoin Volatility Index (BVIV), a metric that tracks the implied volatility […]
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