eBay&#8217;s rejection highlights the challenges GameStop faces in its 
transformation efforts, emphasizing the need for sustainable growth 
strategies.
The post eBay rejects GameStop&#8217;s $56B acquisition bid as unappealing appeared 
first on Crypto Briefing.

eBay rejects GameStop’s $56B acquisition bid as unappealing

Anthropic&#8217;s decision highlights the intensifying tech rivalry, potentially 
impacting global AI collaboration and cybersecurity dynamics.
The post Anthropic rejects Chinese think tank&#8217;s request for AI model access 
appeared first on Crypto Briefing.

Anthropic rejects Chinese think tank’s request for AI model access

Bitcoin price started a fresh decline below the $80,500 zone. BTC is 
consolidating and might struggle to stay above the $78,800 support. Bitcoin 
failed to stay above $80,500 and extended losses. The price is trading below 
$80,000 and the 100 hourly simple moving average. There is a bearish trend 
line forming with resistance at $80,700 on the hourly chart of the BTC/USD 
pair (data feed from Kraken). The pair might extend losses if it stays below 
the $80,500 and $81,200 levels. Bitcoin Price Dips Further Bitcoin price 
failed to stay above the $80,500 support zone. BTC remained in a bearish zone 
and extended losses below the $80,000 level. There was a move below the 
$79,500 level. The price even dipped below $79,000. A low was formed at 
$78,720 and the price is now consolidating losses. There was a minor increase 
above the 23.6% Fib retracement level of the downward move from the $81,250 
swing high to the $78,720 low. Bitcoin is now trading below $80,500 and the 
100 hourly simple moving average. If the price remains stable above $79,000, 
it could attempt a fresh increase. Immediate resistance is near the $80,000 
level or the 50% Fib retracement level of the downward move from the $81,250 
swing high to the $78,720 low. The first key resistance is near the $80,500 
level. There is also a bearish trend line forming with resistance at $80,700 
on the hourly chart of the BTC/USD pair. A close above the $80,700 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $81,200 resistance. Any more gains might send the price toward 
the $82,000 level. The next barrier for the bulls could be $82,500. Downside 
Extension In BTC? If Bitcoin fails to rise above the $80,500 resistance zone, 
it could start another decline. Immediate support is near the $79,200 level. 
The first major support is near the $78,800 level. The next support is now 
near the $78,000 zone. Any more losses might send the price toward the $76,200 
support in the near term. The main support now sits at $75,500, below which 
BTC might struggle to recover in the near term. Technical indicators: Hourly 
MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative 
Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support 
Levels – $79,200, followed by $78,800. Major Resistance Levels – $80,000 and 
$80,700.

Bitcoin Price Dips Further Below $80K—Bears Tighten Grip On Market

Ripple and crypto industry leaders backed the Senate’s CLARITY Act ahead of a 
key markup, citing clearer rules, stronger consumer protections, and U.S. 
leadership. Ripple’s legal chief cited a report estimating 67 million 
Americans hold crypto. Ripple and Crypto Leaders Rally Around CLARITY Act 
Ripple executives publicly backed the Senate’s CLARITY Act on May 13 […]

Ripple Supports CLARITY Act—Garlinghouse Says ‘This Is the Moment’

The deteriorating US-Iran relations could destabilize global oil markets and 
heighten geopolitical tensions, impacting international diplomacy.
The post Trump says US-Iran ceasefire is on life support after rejecting peace 
proposal appeared first on Crypto Briefing.

Trump says US-Iran ceasefire is on life support after rejecting peace proposal

Decentralized trading of Hong Kong equities via Trust Wallet could democratize 
access, reduce reliance on intermediaries, and increase market fluidity.
The post Aster lists first Hong Kong equities for perpetual trading via Trust 
Wallet appeared first on Crypto Briefing.

eBay rejects GameStop’s $56B acquisition bid as unappealing

Comments