World Libertys USD1 stablecoin briefly fell to $0.98 before recovering, as the 
firm blamed a coordinated social media and trading attack.
The post World Liberty Financial&#8217;s USD1 stablecoin slips below dollar peg amid 
coordinated attack claims appeared first on Crypto Briefing.

World Liberty Financial’s USD1 stablecoin slips below dollar peg amid coordinated attack claims

World Liberty Financial said its USD1 stablecoin was targeted in a coordinated 
attack that included hacked cofounder accounts, paid influencer campaigns, and 
aggressive short positions — but insisted the effort failed. USD1 Drops to 
$0.994 Before Recovering Amid Alleged Short Attack World Liberty Financial 
(WLFI), a crypto protocol tied to members of the Trump family, […]

World Liberty Financial Claims Coordinated Attack on USD1 as Stablecoin Briefly Slips From $1 Peg

IQMM&#8217;s historic first-day launch underscores how traditional cash funds are 
adapting to compete in a stablecoin-driven landscape following the passage of 
the GENIUS Act.

ProShares GENIUS ETF’s $17B debut boosts case for tokenized money market funds

Binance.US&#8217;s pursuit of deeper banking ties post-lawsuit could reshape US 
crypto regulation, fostering innovation while ensuring compliance.
The post Binance.US eyes deeper banking ties and charter options after SEC 
lawsuit withdrawal appeared first on Crypto Briefing.

Binance.US eyes deeper banking ties and charter options after SEC lawsuit withdrawal

Panic is rising at $1.39, but the bigger picture hasn’t broken. XRP remains 
within a broader bullish structure, with price testing key support after a 
sharp correction. Unless critical levels fail, the setup still favors a larger 
upside rotation rather than a trend reversal. 69% Drop Sparks Panic Across The 
Market XRP has plunged 69%, sparking widespread panic across the market, but 
history suggests this may not be the first time such fear has marked a major 
turning point. The last time XRP experienced a similar deep correction, it 
eventually followed up with an explosive 835% rally, leaving traders wondering 
whether a comparable setup is forming again. Related Reading: XRP Maintains 
Macro Bullish Structure Despite Deeper Correction According to Crypto Patel, 
XRP is trading around $1.39 after breaking down from the key $2 support zone. 
Price is now retesting a higher-timeframe demand level that previously acted 
as the upper boundary of a multi-year accumulation range, placing the asset at 
a technically significant area. The token has already corrected 69% from its 
recent $3.66 high, forming what some analysts view as a classic breakout-and- 
retest structure. After surging 835% from its prior accumulation phase, XRP is 
now testing a critical support zone. On-chain data adds another layer to the 
narrative. Ripple just recorded its largest realized loss spike since November 
2022, attracting $1.93 billion in weekly losses as holders capitulate, 
according to Santiment. Historically, periods of extreme capitulation have 
often coincided with local bottoms, raising the question of whether this sharp 
correction could ultimately set the stage for the next major move. Key XRP 
Bullish Accumulation Zone: $0.86–$0.66 Crypto Patel further outlined XRP’s 
current technical structure, highlighting a key bullish support zone between 
$0.86 and $0.66. Maintaining a price above $0.66 is critical for preserving 
the broader bullish outlook. This area represents a confluence of a multi-year 
breakout retest and a historical accumulation range, reinforcing it as a 
strong demand zone. Related Reading: Analyst Predicts XRP Price Will Reach $13 
In 3 Months As Accumulation Ends The analyst emphasized that the combination 
of a major capitulation event and price testing a key higher-timeframe support 
level creates a high-probability reversal area. However, he made it clear that 
a weekly close below $0.66 would invalidate the bullish thesis and signal a 
structural breakdown. Looking at upside projections, Patel outlined a series 
of potential targets at $2, $3, $5, and ultimately $10+, suggesting the 
possibility of a near 10x move from the accumulation zone if the structure 
holds and momentum returns. In his view, XRP is currently trading within what 
he describes as a generational re-accumulation zone following a breakout 
retest. He noted that the recent $1.93 billion capitulation event often marks 
market bottoms, arguing that while weaker hands exit during panic, larger 
players may be quietly accumulating at these levels. Featured image from Getty 
Images, chart from Tradingview.com

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