Isomorphic Labs&#8217; funding highlights AI&#8217;s potential to revolutionize drug 
discovery, but success hinges on bridging computational and clinical gaps.
The post Isomorphic Labs raises $2.1B for AI-powered drug discovery, backed by 
Alphabet and sovereign wealth funds appeared first on Crypto Briefing.

Isomorphic Labs raises $2.1B for AI-powered drug discovery, backed by Alphabet and sovereign wealth funds

This partnership accelerates renewable energy adoption, boosts job creation, 
and supports educational initiatives in clean energy sectors.
The post DESRI and Meta sign 850 MW of new power purchase agreements, pushing 
partnership past 2.5 GW appeared first on Crypto Briefing.

DESRI and Meta sign 850 MW of new power purchase agreements, pushing partnership past 2.5 GW

As the market reacts to the latest crypto legislation, Ethereum (ETH) is 
flashing warning signs after a fresh technical sell signal emerged for the 
first time in months and a spike in on‑chain realized profits. Related 
Reading: DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, 
Developer Protections Ethereum Risks New Leg Down After Key Sell Signal On 
Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 
resistance area. The move follows the advancement of the crypto market 
structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 
bipartisan vote during the Senate Banking Committee’s long-awaited markup 
session. The King of altcoins has been moving sideways between $2,200 and 
$2,400 over the past month, which some have called a “no-trade zone.” While 
many analysts suggest that a breakout above the upper boundary is coming, 
analyst Ali Martinez has warned that Ethereum may be close to a major 
correction. In an X post, the market observer highlighted that a new sell 
signal has emerged on ETH’s weekly chart for the first time in nine months. He 
explained that the TD Sequential indicator has been highly precise in 
anticipating the altcoin’s trends since April 2025, with every signal on the 
weekly timeframe validated by significant price action over the past year. In 
mid-April and mid-June 2025, the key indicator flashed two buy signals, 
resulting in multi-week rallies of 87% and 134%, respectively. Meanwhile, it 
flashed a sell signal in late August 2025, which accurately timed a 63% 
correction from its all-time high (ATH) levels toward the February lows. Now, 
the latest weekly signal “suggests Ethereum is entering another corrective 
phase,” which could push the price to new local lows. If selling pressure 
accelerates, Martinez shared an initial target of $1,900, followed by 
potential mid- and long-term targets of $1,565 and $1,090. Time To Turn 
Cautious Or Bearish? Blockchain analytics firm Santiment highlighted that 
Ethereum realized profits rose to $74.58 million, its highest level in three 
weeks, even as the price fell 5.5% over the past three days. It noted that 
although this setup may seem “counterintuitive” given the recent pullback, it 
does not necessarily mean investors should turn completely bearish. As the 
firm explained, holders with a much lower cost basis are the ones taking 
profit during the mid-May dip. These traders accumulated back in February and 
March when Ethereum was below $2,000 amid market uncertainty and geopolitical 
risks. As a result, those who purchased during that period are still in profit 
despite the recent decline and may “have decided to sell while they feel they 
still have the opportunity to enjoy a profit.” Related Reading: Bitcoin Rally 
At Risk: This Critical Resistance Could End BTC’s Bullish Run Meanwhile, on- 
chain activity volume increased, with 4-hour candles showing notable price 
compression around the $2,241 level. Santiment emphasized that more 
transactions generate more Profit and Loss (P&amp;L) realization events and that 
even modest individual profits elevate network-level total volumes. Based on 
the current Ethereum trader behavior, the firm told investors they do not 
necessarily need to turn bearish, but should instead “lean cautious” while 
waiting for clearer signals. “Watch for deeper realized losses as a potential 
bottoming signal, and don&#8217;t position aggressively until the distribution phase 
shows clear signs of ending,” it concluded. Featured Image from Unsplash.com, 
Chart from TradingView.com

Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting?

Gemini revenue rose 42% to $50.3M in Q1 as credit card income surged, but 
exchange revenue fell and operating costs increased sharply.

Gemini’s $50M quarter shows why it is moving beyond crypto trading

Ether has continued to lag behind Bitcoin during the latest crypto market 
recovery, with analysts at JPMorgan saying weaker network activity and fading 
confidence across the altcoin market have kept institutional demand tilted 
toward Bitcoin. According to a report from…

Ethereum upgrades may not be enough to lift Ether, JPMorgan warns

The semiconductor sector&#8217;s retreat highlights vulnerabilities in AI-driven 
market exuberance, impacting both traditional equities and crypto assets.
The post Qualcomm drops 13% as chip stocks retreat from AI rally appeared 
first on Crypto Briefing.

Isomorphic Labs raises $2.1B for AI-powered drug discovery, backed by Alphabet and sovereign wealth funds

Comments