Lombard has joined a wave of protocols switching to Chainlink CCIP as 
LayerZero migrations top $4 billion. LayerZero exploit sparks industry-wide 
migration The shift accelerated after a $292 million exploit drained 116,500 
rsETH from Kelp DAO&#8217;s LayerZero-powered bridge in April…

Lombard joins Chainlink CCIP as LayerZero exodus tops $4b

Revolut secured FCA approval on May 14 to offer private wealth services and 
leveraged products in the UK. Victoria Laffey, head of operations at Revolut 
Trading, said the new permissions are &#8220;the missing piece allowing us to unite 
investment, advisory…

Revolut wins FCA approval to launch UK private banking

The new card lets users spend USDC balances through online, in-store and 
contactless transactions while accessing ATM withdrawals in supported regions.

Solayer launches Visa-compatible card for USDC payments

The interim appointment ensures stability and continuity at the Fed, 
minimizing market disruptions during the leadership transition period.
The post Jerome Powell named interim Fed Chair until Kevin Warsh takes over 
appeared first on Crypto Briefing.

Jerome Powell named interim Fed Chair until Kevin Warsh takes over

Abu Dhabi&#8217;s Mubadala disclosed a 16% increase in its Bitcoin ETF position to 
$566 million in Q1 2026. The SEC 13F filing shows Mubadala held 14,721,917 
shares of BlackRock&#8217;s iShares Bitcoin Trust valued at $565,616,051 as of March 
31, 2026.…

Mubadala raises its Bitcoin ETF stake 16% to $566 million

After being rejected from the $1.55 barrier on Thursday, XRP dropped nearly 
8%, continuing its consolidation below this crucial resistance. Amid this 
performance, a market watcher highlighted a multi-year pattern that could push 
the price toward new highs. Related Reading: Ethereum TD Sequential Flashes 
Sell Signal – Is A New 50% Corrective Phase Starting? XRP Multi-Year Pattern 
Takes Shape On Friday, market observer ChartNerd shared a long-term 
perspective on the XRP price, based on a multi-year formation with 
“significant macro future upside potential waiting ahead.” In an X post, the 
analyst highlighted a Cup and Handle pattern, which has been forming since 
2018. The chart below shows that the pattern completed the cup during its 
mid-2025 rally and has been forming the handle since the altcoin reached its 
latest all-time high (ATH). Based on this, he suggested that XRP “may seek a 
Gaussian Channel retest to mark a periodic bottom,” as the indicator has been 
a strong confluence area over the past nine years. Notably, the cryptocurrency 
has seen three similar retests within the cup, and also marked the cycle low 
in 2017. Now, the $0.70-$0.90 area may also mark the handle’s bottom, where 
the 0.50 FIB level awaits in the same territory as support. The market watcher 
has previously explained that a rejection from the $1.60-$1.80 area is likely 
and will potentially send XPP toward a cycle bottom of $0.70 later in the 
year, as it marks a prior level of macro resistance that hasn’t been retested 
yet. Nonetheless, he affirmed that, regardless of where the macro low is 
marked, “future FIB extensions await above targeting $8,” with two potential 
double-digit targets sitting around the $13 and $27 marks. 2,000% Expansion 
Ahead? ChartNerd also noted that the potential handle bottom of the Cup and 
Handle formation aligns with a key multi-year retest inside a fractal. For 
context, XRP appears to be repeating a setup that led to its massive 68,000% 
expansion during the 2017-2018 rally. Ahead of its 2027 breakout, the 
cryptocurrency retested its multi-year ascending support three times, 
experiencing significant advances followed by strong corrections inside 
descending channels. Since 2020, the altcoin has been developing the same pre- 
breakout setup, when XRP reached its bear market bottom and created an 
ascending support level that has held for roughly six years. Related Reading: 
DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, 
Developer Protections After two retests of the crucial support, the 
cryptocurrency appears to be developing the same descending channel, which 
could lead to a third retest of the ascending trendline, and an eventual 
2,000% multi-month rally toward a new double-digit high. “If XRP respects this 
pattern into late 2026, this is where we could potentially create the third 
retest, which is what we saw in the early cycles before the expansion in 
2017,” the analyst previously stated. As of this writing, XRP trades at $1.43, 
a 6% decline on the daily timeframe. Featured Image from Unsplash.com, Chart 
from TradingView.com

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