David Woodcock steps into the role as US senators await answers to questions 
on the agency’s dropping charges against Justin Sun and several crypto 
companies.

US SEC taps new enforcement chief amid questions over predecessor’s exit

The AI news out of OpenAI this week has a sharp edge: the company launched a 
paid Safety Fellowship offering $3,850 weekly stipends to external researchers 
studying what could go wrong with advanced AI — announced within hours of a…

AI News: OpenAI Is Paying Researchers to Find What Could Go Wrong — But Its Internal Safety Teams Are Already Gone

The United Kingdom&#8217;s new statutory gambling levy has begun distributing its 
first prevention grants through the Office for Health Improvement and 
Disparities. This follows one of the most contentious transitions in UK 
gambling policy with the end of the preceding charity-led model helmed by 
Gambleaware. Key Takeaways: UK statutory gambling levy raised £120 million in 
[…]

UK’s £120 Million Gambling Levy Delivers First OHID Prevention Grants Amid Sector Turmoil

A fresh bitcoin price read from on-chain data shows that the total supply of 
BTC last moved between $60,000 and $70,000 has grown by approximately 844,275 
coins since January 1 — bringing the total cluster in that range to 1.85…

Bitcoin Price Signal: On-Chain Data Shows 850,000 BTC Were Accumulated Between $60K and $70K — Analysts Call It the Cycle’s Strongest Demand Zone

Crypto analyst Egrag Crypto has outlined three key targets for XRP, including 
$31, signaling that the altcoin could reach double digits at some point. This 
comes as XRP eyes a parabolic surge to the upside amid a 2-week ceasefire 
agreement between the U.S. and Iran. Analyst Outlines Three Key Zones For XRP 
In an X post, Egrag Crypto outlined $7, $10, and $31 as the top Fib 1.618 
targets for XRP. The analyst described these levels as battle zones, signaling 
that this is where the altcoin could face significant resistance as it eyes 
higher price levels. He also noted that these are not random levels but that 
they define the true support framework. In another X post, Egrag Crypto 
highlighted a Descending Broadening Wedge pattern, which signaled that an 
expansion was on the horizon for XRP. He noted a strong base holding around 
$0.90 and compression near the upper boundary, indicating that pressure is 
building. Related Reading: The Last Time XRP Made This Move Against Bitcoin, 
It Led To A 500% Increase To $3.3 The analyst stated that the probability of a 
bullish expansion for XRP is between 55% and 60%. He further remarked that a 
break above $3.30 will lead to rallies to $5, $8, and $13. On the other hand, 
Egrag Crypto warned that there is a 40% to 45% chance of a fake breakdown, in 
which XRP could sweep below $0.90, then reclaim this level and record a 
parabolic surge. Meanwhile, he gave a 10% to 15% probability of a full 
failure, in which XRP breaks its current structure, and no reclaim occurs. 
Egrag Crypto noted that a Descending Broadening Wedge pattern is not weakness 
but rather “controlled chaos before expansion.” The analyst added that the 
longer this pattern coils, the more violent the move will be. The key levels 
for XRP are $3.30 and $0.90, which Egrag Crypto described as the “trigger” and 
“line in the sand” respectively. He concluded that the current setup is a 
volatility expansion rather than a random range. Price Could Still Drop To 
$0.87 Crypto analyst CasiTrades has warned that XRP could still drop to $0.87 
on the last wave to the downside. This came as she stated that price has 
failed to make a new high and has instead printed a clean 5-wave right into 
resistance. She added that a bearish divergence has formed, signaling weakness 
and exhaustion at resistance. Related Reading: Are Institutions About To 
Trigger A Massive XRP Supply Shock? Here’s How Much They’re Holding XRP could 
drop to $1.13 on the first wave down, then see a small relief before it 
continues toward $1.08, which is the macro .786 support. CasiTrades stated 
that the altcoin could see another chop or relief bounce before breaking lower 
into the $0.87 range, which is the macro .854 support. At the time of writing, 
the XRP price is trading at around $1.38, up over 5% in the last 24 hours, 
according to data from CoinMarketCap. Featured image from Freepik, chart from 
Tradingview.com

Cryptocurrency price in ARS