The purchase makes Hana Financial the fourth-largest shareholder in Dunamu, 
following several crypto-related deals in the last two months, as it dives 
deeper into the digital assets sector.

Hana Financial to acquire 6.55% stake in Upbit operator Dunamu for $668M

Warsh&#8217;s leadership may reshape U.S. monetary policy, impacting economic 
strategies and market expectations amid political dynamics.
The post Kevin Warsh confirmed as new Fed Chair, succeeding Jerome Powell 
appeared first on Crypto Briefing.

Kevin Warsh confirmed as new Fed Chair, succeeding Jerome Powell

Rising ECB rates amid geopolitical tensions could trigger inflation control 
challenges, impacting eurozone growth and financial market stability.
The post European Central Bank rate hikes increasingly likely due to Iran war, 
says Nagel appeared first on Crypto Briefing.

European Central Bank rate hikes increasingly likely due to Iran war, says Nagel

AI security talks between Trump and Xi highlight the urgent need for 
international cooperation to manage technological risks and economic tensions.
The post Trump discusses AI security with Xi Jinping during first US state 
visit to China since 2017 appeared first on Crypto Briefing.

Trump discusses AI security with Xi Jinping during first US state visit to China since 2017

XRP has been trading above $1.40 in recent days, with buyers still trying to 
push on momentum after the pullback from the May 10 high. The cryptocurrency’s 
price has not broken down, but it has also failed to confirm a stronger upside 
continuation. This leaves the 1-hour chart in an important position. However, 
the XRP count is still valid. The current wave count now depends on notable 
price levels, which include whether XRP can hold above support at $1.40 and 
avoid a break below the key $1.38 swing low. XRP Pullback From May 10 Still 
Looks Corrective Technical analysis of XRP&#8217;s price action on the 1-hour chart, 
which was posted by a crypto analyst on the social media platform X, shows 
that the decline from the May 10 high has not been random noise. The main 
argument in the analysis is that XRP’s decline from the May 10 high has 
unfolded as a three-wave move. This has unfolded in an ABC structure, not the 
kind of five-wave impulsive decline that would precede a trend reversal. 
According to Elliott Wave analysis, three-wave declines are corrective 
structures, especially when they develop inside a larger range and fail to 
take out the prior swing low. Related Reading: Is It Time To Sell? Bitcoin 
Price Enters Redistribution Phase That Previously Led To A 78% Crash The key 
swing low is currently around $1.38, and it is now the level holding the 
current wave count together. This level has also served as an important floor 
for XRP for the past 30 days, making it the structural base of the short-term 
setup. A sustained hold above $1.38 would keep the bullish wave count valid, 
while a break below it would weaken the case for another leg higher. XRP Price 
Chart. Source: @Morecryptoonl On X Price Levels To Watch Out For The first and 
most important level to watch is $1.38. This is the swing low holding the 
current wave count in place. Above that, the nearest support area is the 
Fibonacci levels between $1.40 and $1.42. These prices are important because 
they capture the internal B-wave support region. However, this is not the 
strongest support area, as B-waves can often move through Fibonacci levels 
before finding a proper reaction. Related Reading: Ripple CEO Reveals What It 
Would Mean For XRP Holders If The Company Went Public At the time of writing, 
XRP is trading at $1.47. On the upside, the first major resistance to watch is 
around $1.51, which is the same area XRP failed to sustain after the May 10 
high. A daily close above this level would mean that the pullback has ended 
and that XRP is beginning another rally phase. After $1.51, the next levels to 
watch are around $1.59 and $1.67, before the larger projected C zone between 
$1.75 and $1.76 comes into view. These are all targets based on Elliott Wave 
counts of XRP&#8217;s price action. Featured image created with Dall.E, chart from 
Tradingview.com

XRP Wave Count Remains Valid: Here Are The Levels To Watch Out For

HYPE, reached a yearly high of $46.93, soaring 17% in 24 hours following news 
that Coinbase will stake HYPE to activate AQAv2. The Shift to USDC Integration 
HYPE, the utility token of the decentralized exchange and layer 1 protocol 
Hyperliquid, surged to $46.93 on Friday, its highest point this year. The 
rally followed an announcement […]

Hana Financial to acquire 6.55% stake in Upbit operator Dunamu for $668M

Comments