Neom&#8217;s port development could reshape regional logistics, reducing reliance on 
the Strait of Hormuz and altering geopolitical dynamics.
The post Neom port promotion signals shift from Strait of Hormuz amid regional 
tensions appeared first on Crypto Briefing.

Neom port promotion signals shift from Strait of Hormuz amid regional tensions

The reported loss may undermine confidence in institutional Bitcoin 
investments, potentially affecting market stability and future price trends.
The post Strategy reports $12.5B net loss, impacting Bitcoin sentiment for May 
2026 appeared first on Crypto Briefing.

Strategy reports $12.5B net loss, impacting Bitcoin sentiment for May 2026

Ukraine&#8217;s Gulf security ties expansion amid Iran&#8217;s aggression may reshape 
regional alliances, impacting geopolitical stability and defense strategies.
The post Iran strikes UAE as Ukraine expands Gulf security ties appeared first 
on Crypto Briefing.

Iran strikes UAE as Ukraine expands Gulf security ties

Bullish agreed to buy Equiniti for $4.2 billion, aiming to connect digital 
assets with shareholder recordkeeping. The deal would create a global transfer 
agent for tokenized securities and includes $1.85 billion of assumed debt. Key 
Takeaways: Bullish plans to acquire Equiniti in a $4.2 billion stock-and-debt 
transaction. Equiniti brings nearly 3,000 issuer clients and more […]

Bullish Announces $4.2B Equiniti Deal to Build Tokenized Securities Transfer Agent

China&#8217;s defiance of US sanctions on Iranian oil heightens geopolitical 
tensions, potentially disrupting diplomatic efforts and oil market stability.
The post China defies US sanctions on Iranian oil ahead of Trump&#8217;s Beijing 
visit appeared first on Crypto Briefing.

China defies US sanctions on Iranian oil ahead of Trump’s Beijing visit

Ethereum price started a fresh increase and remained stable above $2,360. ETH 
is now consolidating and might aim for more gains if it clears $2,400. 
Ethereum started a steady increase above the $2,360 zone. The price is trading 
above $2,355 and the 100-hourly Simple Moving Average. There is a bullish 
trend line forming with support at $2,360 on the hourly chart of ETH/USD (data 
feed via Kraken). The pair could continue to move up if it stays above the 
$2,310 zone. Ethereum Price Aims for Fresh Surge Ethereum price managed to 
stay above the $2,300 support and started a fresh increase, like Bitcoin. ETH 
price gained pace for a move above $2,350 and $2,360. The price even climbed 
toward $2,385. A high was formed at $2,398, and the price is now consolidating 
gains. There was a minor decline below the 23.6% Fib retracement level of the 
upward move from the $2,220 swing low to the $2,399 high. Ethereum price is 
now trading above $2,350 and the 100-hourly Simple Moving Average. There is 
also a bullish trend line forming with support at $2,360 on the hourly chart 
of ETH/USD, If the bulls remain in action above $2,310, the price could 
attempt another increase. Immediate resistance is seen near the $2,380 level. 
The first key resistance is near the $2,400 level. The next major resistance 
is near the $2,440 level. A clear move above the $2,440 resistance might send 
the price toward the $2,500 resistance. An upside break above the $2,500 
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 $2,565 in the near term. 
Another Pullback 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 
$2,360 level and the trend line. The first major support sits near the $2,340 
zone. A clear move below the $2,340 support might push the price toward the 
$2,310 support or the 50% Fib retracement level of the upward move from the 
$2,220 swing low to the $2,399 high. Any more losses might send the price 
toward the $2,265 region. The main support could be $2,220. Technical 
Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the 
bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above the 50 zone. Major 
Support Level – $2,360 Major Resistance Level – $2,400

Neom port promotion signals shift from Strait of Hormuz amid regional tensions

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