Coinbase CEO Brian Armstrong says that tokenized stocks will bring “so many 
opportunities,” predicting a similar adoption curve to stablecoins. Armstrong 
Says There’s ‘Lots Of People In The World Who Would Love To Buy Tesla and 
Nvidia’ In a discussion with Goldman Sachs CEO David Solomon, Armstrong, head 
of the largest crypto exchange in the […]

Brian Armstrong Says ‘Tokenized Stocks Will Be Huge’ With Many Opportunities

A fight over stablecoin rewards is threatening to fracture Coinbase&#8217;s support 
for Washington’s next major crypto bill. Coinbase is drawing a clear line as 
Congress moves closer to finalizing its next major crypto bill dubbed the 
CLARITY Act. The warning…

Coinbase may withdraw CLARITY Act support if it bans stablecoin rewards

According to a New York Times report, the probe is related to the renovations 
that the institution is carrying out involving historic office buildings. 
Nonetheless, Fed Chair Jerome Powell alleged that this investigation was 
related to his divergence on monetary policy with the current administration. 
DOJ Probes Federal Reserve on Renovations Testimony, Powell Alleges Trump’s 
[…]

Federal Reserve Gets Probed by DOJ, Chair Powell Alleges Fed’s Independence Is at Stake

It isn’t a good idea to fully back a stablecoin with a single fiat currency, 
because if that nation-state fails, so will the stablecoin, argues Ethereum 
co-founder Vitalik Buterin.

Ethereum needs better decentralized stablecoins: Vitalik Buterin

Solana started a fresh increase above the $140 zone. SOL price is now 
consolidating above $140 and might aim for more gains above the $145 zone. SOL 
price started a fresh upward move above the $140 and $142 levels against the 
US Dollar. The price is now trading above $140 and the 100-hourly simple 
moving average. There is a bullish trend line forming with support at $138 on 
the hourly chart of the SOL/USD pair (data source from Kraken). The pair could 
extend gains if it clears the $145 resistance zone. Solana Price Outperforms 
Bitcoin Solana price started a decent increase after it settled above the $132 
zone, outperforming Bitcoin and Ethereum. SOL climbed above the $138 level to 
enter a short-term positive zone. The price even smashed the $140 resistance. 
The bulls were able to push the price above $142. A high was formed at $144, 
and the price is now consolidating gains above the 23.6% Fib retracement level 
of the recent upward move from the $135 swing low to the $144 high. Solana is 
now trading above $142 and the 100-hourly simple moving average. Besides, 
there is a bullish trend line forming with support at $138 on the hourly chart 
of the SOL/USD pair. On the upside, the price is facing resistance near $144. 
The next major resistance is near the $145 level. The main resistance could be 
$150. A successful close above the $150 resistance zone could set the pace for 
another steady increase. The next key resistance is $162. Any more gains might 
send the price toward the $170 level. Downside Correction In SOL? If SOL fails 
to rise above the $145 resistance, it could start another decline. Initial 
support on the downside is near the $142 zone. The first major support is near 
the $140 level or the 50% Fib retracement level of the recent upward move from 
the $135 swing low to the $144 high. A break below the $140 level might send 
the price toward the $138 support zone and the trend line. If there is a close 
below the $138 support, the price could decline toward the $132 support in the 
near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining 
pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI 
for SOL/USD is above the 50 level. Major Support Levels – $140 and $138. Major 
Resistance Levels – $145 and $150.

Cryptocurrency price in AED