Senator Thom Tillis will publicly share an agreement to end a crypto and 
banking clash over stablecoin yields, but both sides are resisting the 
proposal, Politico reports.

Crypto, banks continue Senate bill spat with new proposal concerns: Report

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 
[…]

Cryptocurrency price in KRW