The OCC has granted conditional approvals to several crypto firms since 
December, including BitGo, Ripple, Paxos, and Crypto.com, while others such as 
Zerohash have filed applications.

US banking lobby considers suing OCC over crypto bank charters: Report

Gondi said only the Sell &amp; Repay smart contract was affected and that it is 
safe to continue buying, selling, trading and listing NFTs on the platform.

NFT lending protocol Gondi says platform secured after $230K exploit

The insider&#8217;s stock purchase reflects strong confidence in Bitcoin&#8217;s long-term 
potential, potentially influencing market perceptions and investor sentiment.
The post Trump-backed American Bitcoin insider buys 68,000 ABTC shares in 
fresh stock purchase appeared first on Crypto Briefing.

Trump-backed American Bitcoin insider buys 68,000 ABTC shares in fresh stock purchase

Bitcoin price started a recovery wave from the $65,500 zone. BTC is now 
consolidating and might aim for more gains above $69,500. Bitcoin started a 
decent recovery wave above the $67,500 zone. The price is trading above 
$68,000 and the 100 hourly simple moving average. There is a key bearish trend 
line forming with resistance at $69,250 on the hourly chart of the BTC/USD 
pair (data feed from Kraken). The pair might dip again if it trades below the 
$68,500 and $68,000 levels. Bitcoin Price Starts Recovery Wave Bitcoin price 
extended its decline and traded below the $66,500 level. BTC tested the 
$65,500 support zone before the bulls emerged. A low was formed at $65,646, 
and the price recently started a recovery wave. The price climbed above the 
$67,200 and $67,500 resistance levels. The bulls pushed the price above the 
23.6% Fib retracement level of the downward move from the $74,062 swing high 
to the $65,646 low. However, the bears are still active below $70,000. There 
is also a key bearish trend line forming with resistance at $69,250 on the 
hourly chart of the BTC/USD pair. Bitcoin is now trading above $68,500 and the 
100 hourly simple moving average. If the price remains stable above $67,500, 
it could attempt a fresh increase. Immediate resistance is near the $69,250 
level. The first key resistance is near the $69,600 level and the 50% Fib 
retracement level of the downward move from the $74,062 swing high to the 
$65,646 low. A close above the $69,600 resistance might send the price further 
higher. In the stated case, the price could rise and test the $70,500 
resistance. Any more gains might send the price toward the $72,000 level. The 
next barrier for the bulls could be $72,650. Another Decline In BTC? If 
Bitcoin fails to rise above the $69,250 resistance zone, it could start 
another decline. Immediate support is near the $68,500 level. The first major 
support is near the $68,000 level. The next support is now near the $67,500 
zone. Any more losses might send the price toward the $66,650 support in the 
near term. The main support now sits at $65,500, 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 – 
$68,000, followed by $67,500. Major Resistance Levels – $69,250 and $69,850.

Bitcoin Price Reclaims Ground, Can Bulls Flip Market Momentum?

The crypto faction in the Brazilian Congress is expecting the issuance of a 
decree to establish a 3.5% tax on stablecoin transactions to file a draft bill 
and block this initiative. The Parliamentary Front for the Free Market argues 
that the measure would constitute an overreach of the Executive branch. 
Brazil’s Crypto Faction Vows To […]

Cryptocurrency price in USD