This enforcement highlights the growing scrutiny on fintech platforms, 
emphasizing the need for clear regulatory compliance in digital wagering.
The post Connecticut targets Kalshi, Robinhood, and Crypto.com for offering 
illegal sports wagers appeared first on Crypto Briefing.

Connecticut targets Kalshi, Robinhood, and Crypto.com for offering illegal sports wagers

XRP is testing a key inflection zone above $2.00 as two independent frameworks 
from crypto analysts Dom (@traderview2) and Osemka (@Osemka8) converge on a 
potential reversal – with clearly defined levels at roughly $2.00, $2.22 and 
$2.50 marking the battlefield. XRP Price Consolidation Nears Its End On the 
higher-timeframe 2-day chart, Osemka frames the structure as a classic flat 
correction built on top of the 2021 high. “Here’s the range and levels to help 
you navigate it. We’re basing on top of 2021 high,” he writes, adding that 
“we’ve also never broken down after going sideways for this long, so I remain 
with my view of this being an accumulation range and a flat correction.” 
Related Reading: XRP Whale Wallets Collapse 20%, But Biggest Holders Hoard 
More Than Ever His chart shows XRP oscillating in a horizontal band whose 
floor aligns with the 2021 high, labeled as a “Reaccumulation” area. Price has 
repeatedly tagged this support and bounced, while midrange resistance in the 
low-to-mid $2 zone has capped multiple rallies. Above, a higher horizontal 
line marks the January spike, which Osemka treats as the cycle top. 
Internally, he maps an A–B–C corrective sequence. The B leg forms a dotted 
ascending channel, labeled as a 3-legged “abc” wave. “That dotted ascending 
range in the middle (3 legged abc wave in B) has me optimistic as that is a 
corrective move that is synonymous for a flat correction,” he explains. 
“Meaning the top was in January and this indeed is only a sideways 
correction.” The current C leg is contained within a downward “Corrective 
channel” pointing back toward the lower band. For Osemka, even a deeper test 
of support would not necessarily be bearish for the larger structure: “If we 
end up taking the lower end of the range with C leg it&#8217;ll remain to be seen. 
But if so, it&#8217;d be a great buying opportunity.” He also calls XRP “a perfect 
example on why I view BTC also as a flat correction with the top in January,” 
arguing that “while Bitcoin is messy, XRP is very clean.” Why Its Now Or Never 
For XRP Dom zooms in on the last six weeks of that broader range and focuses 
on the microstructure that could trigger a move back toward the upper band. 
“If you inverse the chart over the last 6 weeks, you&#8217;ll see a perfect 3 drive 
pattern, a very accurate reversal setup in crypto,” he writes. On the non- 
inverted chart, this corresponds to three downside pushes that fail to extend 
lower, followed by what he calls a higher low: “We can see a HL has finally 
formed which can hint at the first sign of a trend change developing.” His 
8-hour chart highlights the monthly rolling VWAP as the key pivot. “Bulls 
needs to regain the monthly rVWAP around $2.22 and that would be the shift for 
a rally back towards ~$2.50,” Dom says. That ~$2.50 area aligns with higher 
VWAP clusters and the upper portion of Osemka’s range. Related Reading: XRP 
Price About $1,000 Is A Necessity, Analyst Claims Order-book and skew data 
back his view that conditions are ripe for a break if buyers step in. 
“Orderbooks are clear, if there was a time, it&#8217;s now for this trend to shift,” 
he notes, pointing to relatively clean liquidity overhead and a recovering 
skew after a washed-out short side. The downside is equally explicit: “If this 
setup fails, acceptance under $2 is next and the end of year is ugly.” That 
would mean a decisive loss of the long-defended support band built on the 2021 
high and a deeper completion of the C leg in Osemka’s flat-correction 
structure. For now, XRP remains compressed between the $2.00 support, the 
$2.22 monthly rVWAP trigger and the ~$2.50 upside magnet, with the six-week 
3-drive pattern and flat-correction range jointly defining one of the clearest 
technical inflection points on the XRP chart this year. At press time, XRP 
traded at $2.1798. Featured image created with DALL.E, chart from 
TradingView.com

XRP Flashes 3-Drive Reversal As Bulls Eye Explosive Break Above $2.50

This content is provided by a sponsor. PRESS RELEASE. AEON, the foundational 
payment &amp; settlement layer for the new AI economy, today released new 
transaction data that emphasizes the growing demand for AI payments and on- 
chain settlement. As of November, AEON has processed over 994,000 transactions 
and more than $29 million in volume, serving 1.75 […]

AEON Unveils $29M+ in Processed AI Payment Volume, Reinforcing Its Role as the Settlement Layer for the AI Economy

Conditions may favor a market reversal in December following Bitcoin&#8217;s 
underperformance in November, Coinbase reports.

Bitcoin November blues may flip to December cheers: Coinbase

Bank of America’s new guidance urging a modest digital-asset allocation 
underscores how crypto is moving into mainstream wealth strategy, signaling 
accelerating adoption even as market volatility persists. Bank of America 
Opens the Door to Crypto Allocation Bank of America (NYSE: BAC) said its 
wealth management units now see room for clients to include crypto in […]

Cryptocurrency price in SGD