Bitcoin’s 36% rally from $60,000 resulted in the relative strength index 
flashing a potential top signal not seen since early 2026.

Bitcoin’s ‘overbought’ signal flashes price top warning with focus on $78K

US-Catholic voter shifts could impact election outcomes and crypto regulation, 
highlighting the political significance of religious demographics.
The post Vatican-Rubio meeting signals US tensions with Pope Leo, but crypto 
markets shrug appeared first on Crypto Briefing.

Vatican-Rubio meeting signals US tensions with Pope Leo, but crypto markets shrug

Iran&#8217;s defiance on uranium heightens geopolitical tensions, complicating 
diplomatic resolutions and impacting global nuclear stability.
The post Iran refuses to concede on uranium, defying US demands amid stalled 
talks appeared first on Crypto Briefing.

Iran refuses to concede on uranium, defying US demands amid stalled talks

Ethereum&#8217;s share of the total value locked (TVL) in DeFi compressed from 63.5% 
at the start of 2025 to around 54% as of May 7, hovering near the lowest level 
recorded since May 2025. DefiLlama puts Ethereum&#8217;s current TVL at $45.4 
billion, while the chains absorbing share have each staked out a distinct 
function, such […]
The post Ethereum loses 10% of its DeFi market share as rival chains close in 
appeared first on CryptoSlate.

Ethereum loses 10% of its DeFi market share as rival chains close in

SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion 
to roughly $6 billion after banks and private credit funds pushed back on the 
deal’s structure and the difficulty of valuing OpenAI, an unlisted AI unicorn. 
SoftBank Group…

SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation

XRP’s latest breakout attempt appears to be losing steam as bulls struggle to 
maintain price action above the key resistance zone near $1.45. The rejection 
has pushed XRP back toward an important support area despite ongoing bullish 
developments surrounding Ripple and the XRPL ecosystem. Failure To Hold Above 
$1.45 Resistance In a recent analysis, crypto analyst EllaWeb3 noted that XRP 
struggled to maintain momentum above the $1.45 level and has since started 
drifting back toward the same breakout zone that traders had been closely 
monitoring in recent sessions. The rejection near resistance has slowed 
bullish momentum and placed the market back into a wait-and-see phase. Related 
Reading: XRP Nears Triangle Apex—Will A Breakout To $1.80 Follow? What makes 
the situation more notable is that the pullback occurred despite Ripple 
continuing to expand institutional tokenization use cases on the XRPL network. 
Major names such as JPMorgan, Mastercard, and Ondo have reportedly been 
involved in this move. Yet, the market appears to be reacting more to 
technical structure than to bullish headlines. At the moment, traders are 
closely watching several key price levels. The $1.40–$1.41 range is currently 
acting as the primary support zone, while the $1.45–$1.47 area continues to 
cap upside attempts. Momentum weakened significantly following the rejection 
near $1.45, and thinner-than-usual liquidity conditions could lead to sharper 
price swings in either direction. Although the broader setup has not fully 
broken down, XRP has returned to an area where the market is once again 
seeking confirmation. A successful reclaim of the upper range could quickly 
improve sentiment. However, if support levels begin to fail, confidence in the 
breakout narrative may fade rapidly. XRP Continues To Lag Behind Bitcoin’s 
Recovery According to More Crypto Online, XRP continues to trade sideways even 
as Bitcoin has already produced stronger B-wave rallies during the current 
market phase. From a higher timeframe outlook, the overall structure has not 
changed significantly. Related Reading: XRP Compression Peaks: Symmetrical 
Triangle Signals Explosive Move Ahead The current price action continues to 
appear corrective and may still be unfolding as part of a broader ABC pattern. 
Rather than displaying impulsive upside behavior, XRP seems to be developing a 
B-wave range. At the moment, the key local range between $1.22 and $1.55 
remains the main support and resistance zone. As long as XRP stays trapped 
within this region, the market structure continues to favor a corrective 
outlook over a bullish one. From an Elliott Wave standpoint, there is still no 
convincing evidence that XRP has begun a direct impulsive advance toward new 
all-time highs. The broader structure still leaves room for another C-wave 
decline into the larger support area between roughly $0.98 and $0.48. At the 
same time, a temporary rally toward the red resistance region between $1.78 
and $2.87 remains possible and would still fit within a larger corrective 
B-wave scenario. For now, momentum remains the key issue for bulls, as XRP 
continues to struggle for a decisive breakout while Bitcoin trades near major 
resistance levels. Featured image from Freepik, chart from Tradingview.com

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