Coinbase CEO Brian Armstrong said a “generational shift” is underway in crypto 
as he pointed to expanding on-chain finance, stablecoin activity, and AI- 
driven payments. The Nasdaq-listed crypto exchange also cited a tenfold 
increase in Base stablecoin transaction volume and rising USDC use. Armstrong 
Frames Coinbase Around Broader On-chain Finance Growth Coinbase Global Inc. 
(Nasdaq: COIN) […]

Coinbase CEO: Onchain Economy Has Reached Escape Velocity Amid Generational Shift

A crypto analyst has highlighted how the Tom Demark (TD) Sequential has given 
a buy signal for XRP following its latest pullback. XRP Has Seen A TD 
Sequential Signal On Its 4-Hour Chart In a new post on X, analyst Ali Martinez 
has shared a TD Sequential signal that has appeared in the 4-hour price of 
XRP. The &#8220;TD Sequential&#8221; here refers to an indicator from technical analysis 
(TA) that&#8217;s generally used for pinpointing potential locations of reversal in 
an asset&#8217;s price. Related Reading: XRP Network Quiet: Adoption &amp; Activity 
Plunge From 2024 Peak The indicator involves two phases. In the first phase, 
called the setup, candles of the same color are counted up to nine. Once these 
nine candles, which don&#8217;t have to be consecutive, have been printed on the 
chart, the TD Sequential flashes a reversal signal. Naturally, if the candles 
leading up to the setup&#8217;s completion were green, then the signal acts as a 
bearish one, while them being red implies a possible bottom formation. After 
the setup is over, the second phase, known as the countdown, picks up. This 
phase works pretty similarly to the first one, with the only difference being 
that it involves a total of thirteen candles, not nine. Following the end of 
the countdown, the price is assumed to have arrived at another point of trend 
exhaustion. Now, here is a chart that shows the TD Sequential signal that has 
emerged for XRP on the 4-hour timeframe recently: As displayed in the above 
graph, the XRP 4-hour price has just seen the emergence of a TD Sequential 
setup. This signal has arrived as the cryptocurrency has dropped more than 4% 
from its $1.45 high. Since the candles involved have been red ones, the 
setup&#8217;s completion suggests that a bullish reversal could happen next for the 
asset in the short term. &#8220;To me, this suggests the local exhaustion is over, 
and XRP is ready to rebound,&#8221; said Martinez. The analyst noted that the TD 
Sequential has been accurate at anticipating trend shifts in the token 
recently. One example of this is visible in the chart; the $1.45 high from 
earlier this week coincided with a sell signal in the indicator. Related 
Reading: Bitcoin Reclaims Short-Term Holder Cost Basis—What It Means &#8220;I’m 
looking for a move back toward the $1.45 resistance, with a secondary target 
of $1.80 once we clear the overhead supply,&#8221; added Martinez. It now remains to 
be seen whether the signal will pay off for the cryptocurrency or if the 
bearish trend will continue in the near future, invalidating the setup. XRP 
Price At the time of writing, XRP is trading around $1.39, down 1.5% in the 
last 24 hours. Featured image from Dall-E, chart from TradingView.com

XRP Pulls Back, But TD Sequential Flashes Buy Signal

The report highlights systemic vulnerabilities, urging cautious financial 
strategies amid elevated risks and a lack of crypto risk assessment.
The post Federal Reserve releases Financial Stability Report assessing US 
financial system appeared first on Crypto Briefing.

Federal Reserve releases Financial Stability Report assessing US financial system

The increased US naval presence in the Arabian Sea may destabilize regional 
energy markets and impact global cryptocurrency mining dynamics.
The post US Central Command confirms USS Truxtun, Rafael Peralta, and Mason in 
Arabian Sea after Iranian attacks appeared first on Crypto Briefing.

US Central Command confirms USS Truxtun, Rafael Peralta, and Mason in Arabian Sea after Iranian attacks

SpaceX&#8217;s new role in AI computing could redefine the competitive landscape 
against OpenAI.
The post Ranjan Roy: SpaceX&#8217;s partnership with Anthropic boosts AI compute capabilities, growing skepticism about tech transformation, and the crucial need for model efficiency | Big Technology appeared first on Crypto Briefing.

Ranjan Roy: SpaceX’s partnership with Anthropic boosts AI compute capabilities, growing skepticism about tech transformation, and the crucial need for model efficiency | Big Technology

Increased AI oversight could reshape tech regulation, impact global AI 
competition, and influence decentralized tech like crypto projects.
The post White House rethinks AI oversight amid security risks from new tools 
appeared first on Crypto Briefing.

Coinbase CEO: Onchain Economy Has Reached Escape Velocity Amid Generational Shift

Comments