Paxos Labs has closed a $12 million strategic funding round led by Blockchain 
Capital and launched Amplify, a product suite that lets platforms turn digital 
asset holdings into active financial products through one integration. Key 
Takeaways: Paxos Labs closed a $12 million round led by Blockchain Capital to 
launch Amplify, a digital asset utility suite. […]

Paxos Labs Raises $12M to Launch Amplify Digital Asset Suite for US Platforms

Ethereum price started a fresh surge and traded above $2,365. ETH is now 
consolidating and might aim for more gains if it clears $2,400. Ethereum 
started a steady increase above the $2,220 zone. The price is trading above 
$2,300 and the 100-hourly Simple Moving Average. There was a break below a 
rising channel with support at $2,385 on the hourly chart of ETH/USD (data 
feed via Kraken). The pair could continue to move up if it stays above the 
$2,300 zone. Ethereum Price Fails To Clear $2,400 Ethereum price managed to 
stay above the $2,200 support and started a fresh increase, like Bitcoin. ETH 
price gained pace for a move above $2,220 and $2,280. The bulls pumped the 
price above the $2,365 resistance. A high was formed at $2,417, and the price 
is now correcting gains. There was a move below the 23.6% Fib retracement 
level of the upward move from the $2,180 swing low to the $2,416 high. 
Ethereum price is now trading above $2,300 and the 100-hourly Simple Moving 
Average. If the bulls remain in action above $2,300, the price could attempt 
another increase. Immediate resistance is seen near the $2,360 level. The 
first key resistance is near the $2,380 level. The next major resistance is 
near the $2,400 level. A clear move above the $2,400 resistance might send the 
price toward the $2,480 resistance. An upside break above the $2,480 region 
might call for more gains in the coming days. In the stated case, Ether could 
rise toward the $2,550 resistance zone or even $2,620 in the near term. More 
Downside In ETH? If Ethereum fails to clear the $2,400 resistance, it could 
start a downside correction. Initial support on the downside is near the 
$2,320 level. The first major support sits near the $2,300 zone. A clear move 
below the $2,300 support might push the price toward the $2,270 support and 
the 61.8% Fib retracement level of the upward move from the $2,180 swing low 
to the $2,416 high. Any more losses might send the price toward the $2,220 
region. The main support could be $2,180. Technical Indicators Hourly MACD – 
The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI &#8211; The 
RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,270 Major 
Resistance Level – $2,400

Ethereum Price Rejected at $2,400, Is Another Breakout Attempt Coming?

X&#8217;s innovations could redefine financial engagement, merging market insights 
with seamless trading, potentially transforming user interaction.
The post Elon Musk&#8217;s X launches Smart Cashtags for crypto and stock tracking, 
adds one-tap trading access through Wealthsimple appeared first on Crypto 
Briefing.

Elon Musk’s X launches Smart Cashtags for crypto and stock tracking, adds one-tap trading access through Wealthsimple

Ripple CEO Brad Garlinghouse said the push for U.S. crypto regulation is 
nearing a turning point, citing growing legislative momentum. After years of 
uncertainty, he stressed the industry is closer than ever to achieving lasting 
regulatory clarity. Key Takeaways: Garlinghouse said the industry is closer 
than ever to securing U.S. crypto clarity. Garlinghouse suggested Washington 
[…]

‘Closer Than Ever’: Ripple CEO Says CLARITY Act Window Is Open and Now Is the Moment to Act

While others argue that the Bitcoin price has already found its bottom and 
could be gearing up for a bullish reversal, one crypto analyst has rejected 
these claims, expecting further downside instead. According to Marmot, a 
crypto expert on X, Bitcoin has not yet reached its true price floor. He warns 
that the flagship cryptocurrency could crash below $45,000 before any 
sustainable recovery to the upside takes shape. Bitcoin Price Action Mirrors 
2022 Bear Market In a recent X post, Marmot shared a bearish analysis of 
Bitcoin, comparing its current bear market to past cycles. The analyst noted 
that Bitcoin’s recent price action closely mirrors patterns seen in the 2022 
bear market. Related Reading: What The Bitcoin Relief Rally Above $71,000 Says 
About Where The Price Is Headed Notably, Bitcoin has already fallen more than 
40% from its all-time high above $126,000 in October 2025. Since that peak, 
the flagship cryptocurrency has trended downward, recording brief price 
rallies, which Marmot has described as “fake recoveries.” These upside moves 
temporarily lure investors into the market before prices reverse sharply 
downwards, leading to losses. To support his bearish outlook, Marmot has 
divided Bitcoin’s current bear market into three phases. The first phase was 
completed after the cryptocurrency crashed by over 54%, now trading at around 
above $74,000. According to him, the market is now in the second bear phase, a 
period characterized by repeated bull traps, fakeouts, and continued 
volatility designed to wipe out short-term investors. The most recent bull 
trap was observed after the US-Iran ceasefire announcement, which sent Bitcoin 
surging briefly above $73,000. However, this rally proved short-lived as the 
price quickly reversed toward $71,000 before rebounding again above $74,000 at 
the time of writing. As bear traps repeatedly wipe out more shorts and long 
positions get caught in successive bull traps, Marmot argues that Bitcoin is 
now entering the final phase of its bear market. He believes that this stage 
is where Bitcoin’s true bottom is most likely to form. Analyst Forecasts The 
“Real” Bitcoin Bottom In his chart, Marmot placed Bitcoin’s projected bottom 
below the $43,700 level. With the price currently hovering around $74,000, 
this implies a potential decline of over 40% and a drop of more than 65% from 
its all-time high. Related Reading: Bitcoin Bulls Must Hold This Level Or 
Price Could Crash To $65,000 Again Before reaching that low, Marmot predicts 
that the market could experience one final crash to shake out the remaining 
market participants. His price chart shows that Bitcoin experienced a bear 
trap and a bull trap before ultimately bottoming during the 2022 cycle. 
Notably, the current cycle is almost perfectly repeating the same pattern, 
with BTC’s bull and bear trap already complete as the market gears up for its 
next bottom crash. The chart also shows that rather than a straight decline to 
the projected price floor, BTC could first drop to $45,500, stage a brief 
rebound, and then hit a bottom before recovering and climbing back above 
$45,000 as its new bullish phase begins. Featured image from Pixabay, chart 
from Tradingview.com

Cryptocurrency price in BTC