Australia&#8217;s own impact assessment projects its landmark gambling advertising 
restrictions will reduce national wagering expenditure by AUD 62.7 million per 
year, or roughly 0.8 percent of total player losses. The same analysis 
suggests that a full ban previously rejected by the government would have 
delivered nearly double the reduction. Key Takeaways: Australia&#8217;s OIA projects 
ad […]

Australia’s Own Impact Analysis Undercuts Landmark Gambling Ad Crackdown as New Zealand Delays Similar Action

The global crypto market cap rose back above the $2.5 trillion figure as 
geopolitical and macroeconomic concerns led to the wipeout of over $250 
million in short positions that fueled crypto price gains. According to data 
from CoinGecko, the total…

Crypto market climbs back above $2.5T as $250M in short positions wiped out

World Liberty Financial has dismissed market warnings regarding its borrowing 
activity on the lending platform Dolomite, labeling concerns over its debt 
health as &#8220;FUD.&#8221; On-chain data from Arkham reveals that a wallet belonging to 
the Trump family-backed project deposited approximately…

World Liberty addresses risk concerns over 5B WLFI collateral position on Dolomite

Amid the recent market recovery, Solana (SOL) has jumped roughly 10% from last 
week’s lows, reclaiming the $82 level and retesting a major resistance. 
However, some market observers have warned that the rally could be short-lived 
if the cryptocurrency doesn’t turn a key level into support in the coming 
days. Related Reading: Ethereum Reclaims $2,200, But Analyst Says It’s Not 
Time To Celebrate Yet – Here’s Why Solana Price In ‘Consolidation Trap’ On 
Thursday, Solana surged 2.5% to try to reclaim the $84 area after losing this 
area on Wednesday night. The altcoin has been trading between the $76-$92 
levels since February, moving within the lower half of this range over the 
past two weeks. Ali Martinez highlighted a structural pattern that has been 
“remarkably consistent” since October 2025. Notably, the analyst explained 
that Solana has been repeating a three-step cycle every time it has lost 
momentum over the past six months. According to Martinez, the pattern begins 
with the reclaim of the 50-day Simple Moving Average (SMA). This is followed 
by the rapid failure to hold the 50-day SMA as support. Lastly, SOL enters the 
“consolidation trap”, a brief, sideways “complacency” period before the actual 
leg down starts. As the chart shows, the cryptocurrency recorded this pattern 
in November 2025 and January 2026, when it dropped below the 50-day SMA and 
consolidated for weeks before the next major sell-off, ultimately resolving 
lower and reaching a new local bottom. Solana moved above the 50-day SMA in 
mid-March, when it hit its local top of $97, and has since dropped below it. 
Now, the altcoin is in its consolidation phase, “drifting sideways” between 
$79-$81, and sitting below the key SMA near the $86 mark. “If this pattern 
holds, this sideways movement is not ‘stabilization’—it is the coiling of a 
new leg down. Based on previous instances, a failure to reclaim the $86 level 
quickly could project a move toward the $52,” Martinez asserted. SOL Breakdown 
Imminent? Market observer Leviathan noted that Solana has retested the lower 
area of its local range seven times since February, and every bounce has 
gotten weaker after each retest. At the time of writing, the price has been 
rejected from the 50-day Exponential Moving Average (EMA), suggesting that a 
retest and breakdown from the key $76-$80 support area could be next. 
“Historically, the more a support level gets tested, the weaker it becomes. 
Watch this level closely,” he asserted. Analyst Crypto Lens shared a similar 
outlook, pointing to a potential bearish formation on SOL’s chart. Per the 
post, the cryptocurrency has been trading in a bearish flag pattern since 
early February, and broke down from the formation when it dropped below the 
$81 area in late March. Related Reading: XRP Leads Crypto Funds $224M Rebound 
With Largest Weekly Inflows Since December This structure also developed in 
late 2025, leading to a 54% correction after Solana broke down from the 
pattern. After the recent bounce, the altcoin is retesting the pattern’s lower 
boundary from support, which could turn this level into resistance if momentum 
doesn’t hold. “This isn’t random price action, it’s a pattern,” the analyst 
warned, “If this continues, SOL could be heading toward the $45 zone.” 
Featured Image from Unsplash.com, Chart from TradingView.com

Solana Price At Risk As Key Pattern Emerges – Is $52 The Next Stop?

The Japanese government passed an amendment to the Financial Instruments and 
Exchange Act on Friday, officially reclassifying crypto assets as financial 
instruments. According to a report by Nikkei, the new legislation introduces a 
ban on insider trading and prohibits any…

Cryptocurrency price in VEF