Rising tensions and military actions could destabilize global oil markets, 
impacting economies reliant on stable energy prices.
The post US Navy blockade of Strait of Hormuz spikes Brent crude to $101.9 
appeared first on Crypto Briefing.

US Navy blockade of Strait of Hormuz spikes Brent crude to $101.9

XRP is approaching a critical resistance zone as momentum builds toward a 
potential breakout. However, with price still struggling to clear the $1.53 
level, the risk of rejection remains high. A failure at this key barrier could 
quickly shift sentiment and trigger a move lower, making the next reaction 
crucial for direction. Wave E Nears Completion As XRP Tests Key Resistance 
CasiTrades has highlighted that XRP is currently approaching a definitive 
stage in its market cycle, specifically moving toward the completion of Wave E 
within a larger consolidation pattern. Technical indicators across multiple 
subwave degrees are identifying the $1.53 level as the primary resistance 
hurdle. Related Reading: 4 Signs XRP Is Moving From Bearish to Bullish: 
Analyst The current forecast anticipates a series of upward moves into the 
$1.50 to $1.53 price range. This bullish remains technically valid as long as 
the price stays above the critical support of $1.39. A breach below this 
support would likely disrupt the current wave count and suggest a shift in 
momentum. Market observers are also keeping a close eye on Bitcoin’s 
performance, as its movement could influence XRP&#8217;s direction. If Bitcoin 
rallies into its own resistance zone near $79,000, it would likely provide the 
necessary tailwind for XRP to challenge the $1.50–$1.53 area. However, there 
is a risk of a wave failure where XRP falls just short of its target if 
Bitcoin reaches a local top. The price action shows a major test of resistance 
that will likely define XRP&#8217;s trajectory for the coming weeks. While a 
breakout would be significant, a rejection at these higher levels could lead 
to a sharp retracement to the $1.09 and $0.87 range. XRP Struggles To Reclaim 
$1.50 Resistance In a recent update, analyst Hov highlighted that XRP still 
hasn’t reclaimed the $1.50 level, a key resistance that continues to cap 
upside momentum. What makes this more notable is that several major 
cryptocurrencies have already pushed to new local highs, while XRP continues 
to lag. Related Reading: XRP Locked In Range, But Here’s What Happening 
Underneath This relative weakness is beginning to raise concerns, suggesting 
that buyers have not yet fully stepped in with enough conviction to drive 
prices higher. From a structural perspective, XRP is currently forming a very 
clear triangle pattern. While this type of pattern often signals a buildup 
before a breakout, Hov cautions that overly obvious ones can sometimes lead to 
false expectations. The key trigger to watch now is a breakout above the ACE 
trendline. If confirmed, the next upside target sits around the $1.90 region, 
aligning with a possible wave 3 expansion from the lows. Beyond that, price 
action will need to be monitored closely to determine whether XRP can sustain 
a stronger bullish trend or if more consolidation lies ahead. Featured image 
from VectorStock, chart from Tradingview.com

XRP Eyes Breakout, But Failure At $1.53 Could Trigger Sell-Off

American Bitcoin, co‑founded by Eric and Donald Trump Jr., has energized 
11,298 new ASICs, lifting owned hash rate to 28.1 EH/s as it doubles down on 
low‑cost BTC accumulation. American Bitcoin Corp., the publicly listed mining 
company co‑founded by Eric…

American Bitcoin boosts Trump-linked hash power to 28.1 EH/s

OpenAI has begun charging advertisers on a cost-per-click basis inside 
ChatGPT, marking its first direct move into the digital advertising market and 
putting it in competition with Google and Meta. OpenAI has quietly launched a 
pay-per-click advertising model inside ChatGPT,…

OpenAI Is Now Selling Pay-Per-Click Ads Inside ChatGPT

FCA raids eight London sites in first crackdown on illegal peer to peer crypto 
trading as UK enforcement pressure rises.
The post UK watchdog leads first crackdown on illegal crypto trading in London 
appeared first on Crypto Briefing.

Cryptocurrency price in BHD