Fujimori and Snchez&#8217;s lead reshapes Peru&#8217;s political landscape, diminishing 
Lpez Aliaga&#8217;s influence and altering future election dynamics.
The post Keiko Fujimori, Roberto Sánchez lead Peru election with 92% votes 
counted appeared first on Crypto Briefing.

Keiko Fujimori, Roberto Sánchez lead Peru election with 92% votes counted

XRP price started a decent increase above $1.3880. The price is now 
consolidating gains and might aim for more gains above the $1.4150 zone. XRP 
price started a steady upward move above the $1.40 zone. The price is now 
trading above $1.40 and the 100-hourly Simple Moving Average. There is a 
bullish trend line forming with support at $1.370 on the hourly chart of the 
XRP/USD pair (data source from Kraken). The pair could continue to move up if 
it settles above $1.4150. XRP Price Climbs above $1.40 XRP price started a 
fresh upward move above $1.3550 and $1.3750, like Bitcoin and Ethereum. The 
price gained pace for a clear move above the $1.3880 resistance. The bulls 
even pumped the price toward the $1.40 zone. A high was formed at $1.4157, and 
the price started a consolidation phase above the 23.6% Fib retracement level 
of the upward move from the $1.3510 swing low to the $1.4157 high. The price 
is now trading above $1.40 and the 100-hourly Simple Moving Average. Besides, 
there is a bullish trend line forming with support at $1.370 on the hourly 
chart of the XRP/USD pair. If there is a fresh upward move, the price might 
face resistance near the $1.4150 level. The first major resistance is near the 
$1.4220 level, above which the price could rise and test $1.440. A clear move 
above the $1.440 resistance might send the price toward the $1.450 resistance. 
Any more gains might send the price toward the $1.4650 resistance. The next 
major hurdle for the bulls might be near $1.4840. Downside Correction? If XRP 
fails to clear the $1.4150 resistance zone, it could start a fresh decline. 
Initial support on the downside is near the $1.40 level. The next major 
support is near the $1.3840 level or the 50% Fib retracement level of the 
upward move from the $1.3510 swing low to the $1.4157 high. If there is a 
downside break and a close below the $1.3840 level, the price might continue 
to decline toward $1.370 and the trend line. The next major support sits near 
the $1.350 zone, below which the price could continue lower toward $1.3250. 
The main support could be $1.3120. Technical Indicators Hourly MACD – The MACD 
for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative 
Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support 
Levels – $1.3840 and $1.3700. Major Resistance Levels – $1.4150 and $1.4400.

XRP Price Gains Strength, Is a Bigger Rally Brewing?

HockeyStack&#8217;s AI-driven revenue agents could revolutionize sales processes, 
enhancing efficiency and potentially reshaping the B2B landscape.
The post Y Combinator-backed HockeyStack secures $50M, launches AI revenue 
agents appeared first on Crypto Briefing.

Y Combinator-backed HockeyStack secures $50M, launches AI revenue agents

Heightened tensions in the Persian Gulf could hinder diplomatic progress, 
affecting market confidence in a US-Iran peace deal.
The post Iran warns of US actions in Persian Gulf, impacting peace deal 
prospects appeared first on Crypto Briefing.

Iran warns of US actions in Persian Gulf, impacting peace deal prospects

A proposed court deal in the movie2k case could put another 57,000 Bitcoin 
within reach of the German state, reviving a supply-overhang story that the 
market thought had largely passed after Saxony’s 2024 Bitcoin liquidation. 
Local news MDR reported this week that the presiding judge has outlined a 
possible agreement that would let Saxony keep the €2.64 billion ($3.112 
billion) already raised from last year’s Bitcoin sale and potentially obtain 
access to additional coins allegedly still controlled by the main defendant. 
German State Could Gain Access To 57,000 BTC The case centers on the former 
operators of the illegal streaming portal movie2k.to, now on trial. The lead 
defendant, 42, is charged in part with commercial money laundering, while a 
second defendant, 39, faces money-laundering and tax-evasion allegations. The 
original copyright offenses tied to roughly 220,000 unauthorized works are now 
time-barred, but the fight over the Bitcoin fortune remains very much alive. 
After the main defendant’s arrest in 2023, authorities received 49,858 BTC, 
which were later sold in June and July 2024 for about €2.64 billion. According 
to MDR’s reporting, the judge sketched the deal on Monday as a way to shorten 
proceedings rather than litigate every alleged money-laundering violation one 
by one. Under that outline, the main defendant would confess and receive a 
prison sentence of one to one-and-a-half years, suspended on probation, while 
the co-defendant would receive eight to 12 months, also suspended. The real 
market-moving clause is elsewhere: Saxony would be able to lawfully confiscate 
the 2024 sale proceeds, and the defendant would also hand over access to 
another 57,000 BTC (worth roughly $4.224 billion) that prosecutors believe he 
still controls. Related Reading: What Presidio Bitcoin Found About Quantum 
Computing: Threat Timeline And Next Steps The legal hinge is whether expired 
copyright counts still leave room for asset confiscation through the remaining 
charges and related forfeiture mechanisms. In remarks carried by MDR, court 
spokesperson Katrin Seidel framed it this way: “It is, in essence, about a 
large number of copyright violations. But those are time-barred. That means 
criminal law can no longer reach them.” She added that the money generated 
from those acts can still potentially be stripped away as criminal proceeds, 
which is one of the central issues in the case. The 57,000 BTC figure is not 
coming out of thin air. Prosecutors have argued that the main defendant 
originally acquired 136,000 BTC with proceeds from advertising and 
subscription traps linked to the site. After subtracting the nearly 50,000 BTC 
already transferred to authorities, additional amounts allegedly sold off, and 
22,000 BTC and 5,000 BTC said to have been paid to associates, the state’s 
working assumption is that around 57,000 BTC remain. That estimate has been 
part of the prosecution narrative since the opening phase of the trial. 
Related Reading: Bitcoin Could Be Near A Bigger Breakout As Key Metrics Turn, 
Capriole Founder Says The defense has pushed back hard. In dpa-covered 
proceedings, lawyers described the indictment as “economically driven,” 
arguing that the case appears aimed above all at dividing up the defendants’ 
Bitcoin wealth and constructing a basis for state seizure. That tension 
matters because the proposal is not final, the defense has criticized its 
premise, and it remains unclear whether the main defendant would accept any 
deal that includes surrendering access to additional coins. For Bitcoin 
traders, the story is less about an immediate transfer than about the 
reappearance of a familiar risk: state-controlled supply that could eventually 
be sold into the market. Saxony’s last liquidation became a widely watched 
price event. If this deal advances and the 57,000 BTC are actually reachable, 
that overhang comes back into view. At press time, Bitcoin traded at $74,320. 
Featured image created with DALL.E, chart from TradingView.com

Cryptocurrency price in AED