The UK&#8217;s stance may increase diplomatic pressure on the US, potentially 
influencing international efforts to stabilize regional trade.
The post UK opposes US blockade, backs reopening of Strait of Hormuz appeared 
first on Crypto Briefing.

UK opposes US blockade, backs reopening of Strait of Hormuz

Short-term traders took profit each time BTC rallied above $77,000, creating 
overhead sell pressure that has capped BTC’s ability to reach $80,000.

Repeated Bitcoin profit taking near $77K suggests rally is losing steam

Belo, an Argentine cryptocurrency wallet and crypto services provider, has 
raised $14 million in a round led by Tether, the world’s largest stablecoin 
issuer. Belo’s CEO, Manuel Beaudroit, stated that this round will help fund 
the platform’s expansion into other key Latam markets. Key Takeaways: Tether 
led a $14M Series A funding round for Argentine […]

Tether Leads $14M Series A for Argentine Wallet

Apple&#8217;s stock surge may challenge Nvidia&#8217;s market cap dominance, impacting 
tech sector dynamics and competitive positioning.
The post Apple stock rises on iPhone 17, MacBook Neo forecasts amid Nvidia 
competition appeared first on Crypto Briefing.

Apple stock rises on iPhone 17, MacBook Neo forecasts amid Nvidia competition

The EU&#8217;s financial backing for Ukraine underscores sustained Western support, 
potentially prolonging geopolitical tensions and delaying peace.
The post EU approves €90B loan to Ukraine as Hungary lifts veto on pipeline 
repair appeared first on Crypto Briefing.

EU approves €90B loan to Ukraine as Hungary lifts veto on pipeline repair

XRP price started a recovery wave above $1.360 and $1.3620. The price is now 
consolidating and might aim for a fresh move if it clears $1.3830. XRP price 
started a recovery wave above the $1.3620 zone. The price is now trading below 
$1.3850 and the 100-hourly Simple Moving Average. There is a bearish trend 
line forming with resistance at 1.3760 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could continue to move up if it settles 
above $1.3830. XRP Price Holds Support XRP price remained supported above 
$1.3450 and started a recovery wave, like Bitcoin and Ethereum. The price was 
able to climb above $1.3550 and $1.3620 to enter a short-term positive zone. 
There was also a move above the 23.6% Fib retracement level of the downward 
move from the $1.4060 swing high to the $1.3460 swing low. However, the bears 
are now active near the $1.3750 zone. Besides, there is a bearish trend line 
forming with resistance at 1.3760 on the hourly chart of the XRP/USD pair. The 
price is now trading below $1.3850 and the 100-hourly Simple Moving Average. 
If there is a fresh upward move, the price might face resistance near the 
$1.3830 level or the 61.8% Fib retracement level of the downward move from the 
$1.4060 swing high to the $1.3460 swing low. The first major resistance is 
near the $1.3920 level. A close above $1.3920 could send the price to $1.40. 
The next hurdle sits at $1.4060. A clear move above the $1.4060 resistance 
might send the price toward the $1.4120 resistance. Any more gains might send 
the price toward the $1.420 resistance. Another Drop? If XRP fails to clear 
the $1.3830 resistance zone, it could start a fresh decline. Initial support 
on the downside is near the $1.3620 level. The next major support is near the 
$1.350 level. If there is a downside break and a close below the $1.350 level, 
the price might continue to decline toward $1.3220. The next major support 
sits near the $1.3150 zone, below which the price could continue lower toward 
$1.30. 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 – $1.3620 and $1.3500. 
Major Resistance Levels – $1.3830 and $1.3920.

Cryptocurrency price in AED

Market Overview