Armstrong said the bill is &#8220;closer than ever&#8221; to advancing in the US Congress 
after months of negotiations between the crypto industry and banks.

Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup

AI-assisted hacking could significantly increase the frequency and scale of 
cyberattacks, challenging current cybersecurity defenses.
The post Google warns of first known case of AI-assisted hacking appeared 
first on Crypto Briefing.

Google warns of first known case of AI-assisted hacking

Hungary&#8217;s euro adoption plan could enhance EU relations, boost economic 
stability, and align crypto regulations, but execution remains challenging.
The post Hungary&#8217;s finance minister-elect commits to euro adoption by 2030 
appeared first on Crypto Briefing.

Hungary’s finance minister-elect commits to euro adoption by 2030

Kevin Warsh’s confirmation as Federal Reserve chairman drew split reactions 
from lawmakers over inflation, affordability, and central bank independence. 
The Senate confirmed him in a 54-45 vote, with only one Democrat voting in 
favor. Kevin Warsh Confirmation Draws Split Reaction on Fed Independence Kevin 
Warsh was confirmed as chairman of the Federal Reserve Board of […]

Kevin Warsh Confirmed as Fed Chair as Lawmakers Split on Independence

Melania Trump confirmed to attend the Trump-Xi summit in China. Attendance 
market at 99.1% YES.
The post Melania Trump confirmed at Trump-Xi summit in China appeared first on 
Crypto Briefing.

Melania Trump confirmed at Trump-Xi summit in China

XRP continues to show resilience above the crucial $1.38 support level despite 
recent corrective weakness. While momentum remains modest, the ongoing 
structure still suggests the pullback may be part of a broader bullish setup 
rather than the start of a deeper decline. As long as buyers defend this key 
zone, the possibility of another leg higher remains firmly on the table. XRP 
Holds Above $1.38 As Corrective Pullback Unfolds According to a recent 
analysis by More Crypto Online, XRP remains within a broader range-bound 
structure. The pullback observed since the May 10 high is currently 
interpreted as a corrective three-wave decline rather than a definitive trend 
reversal. This suggests that the recent downward pressure may be a temporary 
consolidation phase within the larger market cycle. Related Reading: XRP Pulls 
Back, But TD Sequential Flashes Buy Signal A critical component of this 
outlook is the defense of the key swing low situated around $1.38. More Crypto 
Online emphasizes that as long as this specific floor remains intact, the 
technical structure allows for another move higher, potentially within a 
diagonal pattern. Despite the possibility of an upward move, the analyst notes 
that current upside momentum remains relatively weak. The recent price advance 
bears a striking resemblance to the corrective three-wave move that followed 
the April 5 low. Technicians are closely monitoring the internal B-wave 
support zone, which lies between $1.40 and $1.42. More Crypto Online points 
out that this region is traditionally difficult to trade, as B-waves often 
fail to respect Fibonacci levels with precision. However, the internal 100% 
extension target near $1.41 has already been reached, which frequently serves 
as an ideal completion point for a corrective three-wave decline. Ultimately, 
the market must now prove whether it can find a firm footing within this 
support region to trigger the next rally phase. More Crypto Online concludes 
that the prevailing wave count remains valid only as long as the $1.38 level 
is successfully defended. Binance Spot CVD Stability Hints At Quiet XRP 
Accumulation Crypto analyst Xaif Crypto highlights that XRP is currently 
exhibiting a significant divergence as Binance spot Cumulative Volume Delta 
(CVD) remains resilient despite the price hovering near local lows. This 
stability during a prolonged downtrend suggests that selling pressure is being 
met with firm underlying demand. Related Reading: XRP Momentum Fades As Bulls 
Fail To Hold Breakout Zone While a price drop of this duration usually 
triggers a sharp decline in spot volume delta, the current steady metrics 
suggest quiet institutional accumulation is occurring behind the scenes. Xaif 
Crypto highlights that a similar divergence previously served as a definitive 
precursor to a sharp market reversal. Given this historical precedent, the 
current stability in spot volume suggests that XRP may be nearing the 
conclusion of its consolidation phase and preparing for a trend shift. 
Featured image from Freepik, chart from Tradingview.com

Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup

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