OpenAI will deploy its AI models on Pentagon classified networks after the US 
government ordered agencies to stop using rival Anthropic over national 
security concerns.

OpenAI wins defense contract hours after government ditches Anthropic

Heightened geopolitical tensions can lead to significant volatility in 
cryptocurrency markets, impacting investor confidence and market stability.
The post Bitcoin tumbles after Israel launches strike on Iran, triggering 
$100M in longs liquidated in 15 minutes appeared first on Crypto Briefing.

Bitcoin tumbles after Israel launches strike on Iran, triggering $100M in longs liquidated in 15 minutes

Representatives Scott Fitzgerald, Ben Cline, and Zoe Lofgren introduced the 
bill to Congress on February 26, seeking to protect software developers who 
write blockchain applications that don’t handle custody of funds from legal 
actions and criminal prosecution under Section 1960, Title 8. Promoting 
Innovation in Blockchain Development Act Introduced In Congress With 
Bipartisan Support The […]

The Promoting Innovation in Blockchain Development Act Gets Introduced in Congress

An analyst has pointed out where Solana support levels could lie based on a 
Parallel Channel forming in the asset&#8217;s weekly price chart. Solana Parallel 
Channel Could Indicate Support At These Levels In a new post on X, analyst Ali 
Martinez has discussed how support is looking for Solana from the perspective 
of a Parallel Channel that may be emerging in its 7-day price. Related 
Reading: XRP Triangle Could Point To Support Between $0.60 And $0.90 The 
&#8220;Parallel Channel&#8221; is a pattern from technical analysis (TA) that forms 
whenever an asset trades between two parallel trendlines. There are a few 
different ways a Parallel Channel can be categorized based on the orientation 
of its trendlines. Ascending Channels involve lines that are pointing up, 
while Descending Channels have a downward slope. These types correspond to 
periods of parallel consolidation to a net upside and downside, respectively. 
In the context of the current topic, the third and the most basic type is of 
interest: a Parallel Channel that&#8217;s parallel to the time-axis. As the price 
moves inside such a channel, it observes a phase of perfectly sideways action. 
Now, here is the chart shared by Martinez that shows the Parallel Channel that 
the weekly price of Solana has potentially been moving inside in recent years: 
As displayed in the above graph, Solana retested the upper level of the 
Parallel Channel a couple of times during 2025. Each time, the price ended up 
topping out and a decline followed. The upper line of a Parallel Channel is 
considered to be a source of resistance, so these rejections may have been 
signs of the pattern being in action. Since the latest rejection, SOL has been 
moving down in a sharp manner as the cryptocurrency sector as a whole has 
observed a bearish shift. So far, the coin is still contained inside the upper 
half of the channel, but if momentum weakens, it might end up traveling lower. 
According to the analyst, these levels could act as support in such a 
scenario: $50.22, $22.47, and $9.98. These levels correspond to a point 50%, 
75%, and 100% down the channel, respectively. Solana last tested the lower- 
most of these levels during the bear market of the previous cycle. Back then, 
it had helped the cryptocurrency reach a bottom. It now remains to be seen 
which direction the asset will go next and if a retest of any of these levels 
will take place. Related Reading: Ethereum Still Undervalued As Bitcoin, XRP 
Sit Near Neutral, Santiment Says SOL isn&#8217;t the only cryptocurrency observing a 
Parallel Channel setup. As Martinez has highlighted in another X post, the 
monthly price of Stellar (XLM) has also been moving down such a pattern, with 
possible support levels existing at 0.147, 0.078, and 0.041. SOL Price At the 
time of writing, SOL is floating around $81, down 5.5% in the last 24 hours. 
Featured image from Dall-E, chart from TradingView.com

Solana’s Next Major Support Levels Sit At $50, $22, And $10: Analyst

Global regulators intensify cross-border oversight as the SEC and Japan’s FSA 
deepen cooperation on crypto supervision, digital assets, and investor 
protection, signaling tighter alignment across two of the world’s most 
influential capital markets. US SEC and Japan’s FSA Expand Crypto and Cross- 
Border Oversight Talks International regulatory cooperation remains central to 
global capital market oversight. The […]

Cryptocurrency price in AED