Acton&#8217;s AI-driven smart contracts could revolutionize automation but may also 
heighten security risks and liquidity fragmentation in the ecosystem.
The post TON Core launches Acton, a new tool for smart contract development 
appeared first on Crypto Briefing.

TON Core launches Acton, a new tool for smart contract development

Recessions are unpredictable deviations, not inevitable cycles, challenging 
traditional economic theories and forecasting methods.
The post Tyler Goodspeed: Recessions are not cyclical, the 2008 crisis was predictable, and false patterns mislead economic forecasting | Macro Musings appeared first on Crypto Briefing.

Tyler Goodspeed: Recessions are not cyclical, the 2008 crisis was predictable, and false patterns mislead economic forecasting | Macro Musings

The conflict&#8217;s impact on jet fuel supply may lead to prolonged airspace 
closures, affecting global travel and economic stability.
The post Iran war disrupts global jet fuel supplies, threatens summer travel 
appeared first on Crypto Briefing.

Iran war disrupts global jet fuel supplies, threatens summer travel

The CLARITY Act is heading back to the Senate Banking Committee on May 14 
after months of stalled negotiations, putting a small group of Democrats at 
the center of the crypto industry’s push for a federal market-structure law. 
The markup comes after the bill was slowed by disputes over stablecoin 
rewards, anti-money laundering safeguards and […]
The post CLARITY Act’s markup progress now hinges on these Democrat lawmakers 
appeared first on CryptoSlate.

CLARITY Act’s markup progress now hinges on these Democrat lawmakers

Crypto analyst Tom has declared that a projected XRP rally to $21.5 isn’t a 
gamble and will definitely happen. This came as he revealed that a measured 
move is coming for the altcoin, which will send its price to this $21 target. 
XRP Eyes Measured Move To New ATH Of $21.5 In an X post, Tom said that XRP is 
set to see a measured move to a new all-time high (ATH) of $21.50, with this 
price target also his second take-profit zone. The analyst revealed that he 
had held XRP when the token was trading at $0.30 and and held until it reached 
its current ATH of $3.84. Related Reading: XRP Analyst Reveals The Question No 
One Asks And Why It’s Important Now, the analyst is again holding the token, 
targeting higher prices for XRP. He highlighted some positives as the token 
eyes the $21.50 target, noting that the 3-week golden cross has fired. 
Furthermore, Tom noted that the current base is a 1:1 fractal of the 2014 to 
2017 cycle and that the volume is lower than the last cycle&#8217;s bottom, with 
supply gone. In another X post, the analyst reiterated his bullish outlook for 
XRP, citing the CLARITY Act as a catalyst that could spark a rally. His 
accompanying chart showed that the altcoin could reach $2.8 by July, which is 
around when the crypto bill could pass. The bill is a positive for XRP, as it 
will provide regulatory clarity by classifying XRP as a commodity. Crypto 
analyst Michael also echoed similar sentiments about XRP, stating that a 
parabolic rally could begin at any time. He declared that this will be the 
biggest breakout of the year, as the altcoin has already bottomed. XRP Yet To 
Bottom Despite Recent Relief Rally Crypto analyst Egrag Crypto has indicated 
that XRP has yet to bottom despite its recent rally above $1.4. In an X post, 
he stated that the weekly chart presents a very interesting diminishing 
downside structure relative to the 200 SMA. He noted that during the first 
major cycle low, XRP bottomed roughly 60% below the 200 SMA. Meanwhile, during 
the second major cycle low, the token bottomed roughly 40% below the 200 SMA. 
Related Reading: XRP Price Is Replicating The 2017 Trend And The Implications 
Are Parabolic Applying the same diminishing downside pattern, the analyst said 
the next major low could be 20% below the 200 SMA, implying a price target of 
$0.93. Egrag Crypto stated that this thesis wasn’t unreasonable because mature 
assets tend to experience reduced downside volatility and smaller capitulation 
percentages. Such assets are also said to have stronger macro support 
structures and more institutional liquidity stabilization. At the time of 
writing, the XRP price is trading at around $1.45, up over 2% in the last 24 
hours, according to data from CoinMarketCap. Featured image from Adobe Stock, 
chart from Tradingview.com

XRP At $21.5 Isn’t A Bet: Why This Analyst Says A Measured Move Is Coming

Heightened tensions over the Strait of Hormuz could destabilize global oil 
markets, increase military conflict risks, and strain US-Iran relations.
The post Iran threatens permanent closure of Strait of Hormuz amid US blockade 
appeared first on Crypto Briefing.

TON Core launches Acton, a new tool for smart contract development

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