CFTC sues Minnesota to block its Aug. 1 prediction markets ban as crypto rules 
split between bank custody and kiosk restrictions statewide.

CFTC sues Minnesota to block its Aug. 1 prediction markets ban as crypto rules split between bank custody and kiosk restrictions statewide.

Minnesota bans prediction markets, CFTC fires back

“Congress has the power to slam the brakes on this unwise conflict,” said bill 
sponsor and Democratic Senator Tim Kaine.

“Congress has the power to slam the brakes on this unwise conflict,” said bill sponsor and Democratic Senator Tim Kaine.

US Senate advances resolution to curb Trump’s Iran war powers

The World Liberty Financial-linked AI Financial Corp. posted a net loss of 
$271.5 million in the first quarter of 2026, and flagged significant doubt it 
could continue operating for the next 12 months without intervention.

The World Liberty Financial-linked AI Financial Corp. posted a net loss of $271.5 million in the first quarter of 2026, and flagged significant doubt it could continue operating for the next 12 months without intervention.

WLFI-linked AI Financial flags ‘going concern’ as losses mount

The withdrawal of crypto ETF plans by Truth Social may signal shifting 
strategies or regulatory challenges in the evolving digital asset market.
The post Trump&#8217;s Truth Social files to scrap Bitcoin, Ether and blue chip ETF 
plans appeared first on Crypto Briefing.

The withdrawal of crypto ETF plans by Truth Social may signal shifting strategies or regulatory challenges in the evolving digital asset market. The post Trump&#8217;s Truth Social files to scrap Bitcoin, Ether and blue chip ETF plans appeared first on Crypto Briefing.

Trump’s Truth Social files to scrap Bitcoin, Ether and blue chip ETF plans

Solana failed to settle above $92 and corrected most gains. SOL price is now 
consolidating losses above $84 and might attempt another increase. SOL price 
started a fresh decline below $90 and $88 against the US Dollar. The price is 
now trading below $87 and the 100-hourly simple moving average. There is a 
connecting bearish trend line forming with resistance at $85 on the hourly 
chart of the SOL/USD pair (data source from Kraken). The price could start a 
recovery wave if the bulls defend $84.00 or $82.50. Solana Price Dips From $94 
Solana price failed to remain stable above $92 and started a fresh decline, 
like Bitcoin and Ethereum. SOL declined below the $90 and $88 levels. The 
bears even pushed the price toward $83. A low was formed at $83.35, and the 
price is now consolidating losses. The price is still showing bearish signs 
below the 23.6% Fib retracement level of the downward move from the $93.63 
swing high to the $83.35 low. Solana is now trading near $85 and the 
100-hourly simple moving average. Besides, there is a connecting bearish trend 
line forming with resistance at $85 on the hourly chart of the SOL/USD pair. 
On the upside, immediate resistance is near the $85 level. The next major 
resistance is near the $85.80 level. The main resistance could be $88.50 or 
the 50% Fib retracement level of the downward move from the $93.63 swing high 
to the $83.35 low. A successful close above the $88.50 resistance zone could 
set the pace for another steady increase. The next key resistance is $90. Any 
more gains might send the price toward the $92 level. More Losses In SOL? If 
SOL fails to rise above the $88.80 resistance, it could continue to move down. 
Initial support on the downside is near the $83.50 zone. The first major 
support is near the $82 level. A break below the $82 level might send the 
price toward the $80 support zone. If there is a close below the $80 support, 
the price could decline toward the $75 support in the near term. Technical 
Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish 
zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is 
below the 50 level. Major Support Levels – $83.50 and $82.00. Major Resistance 
Levels – $85.80 and $88.50.

Solana failed to settle above $92 and corrected most gains. SOL price is now consolidating losses above $84 and might attempt another increase. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $87 and the 100-hourly simple moving average. There is a connecting bearish &#8230;

Solana (SOL) Drops Into Bearish Zone, Key Supports Come Under Threat

XRP is approaching a crucial turning point as price action tightens within a 
major consolidation range, fueling speculation that a breakout could be near. 
With bullish momentum slowly building, analysts believe a decisive move above 
the key $1.50 resistance level could ignite a powerful rally toward higher 
targets in the coming sessions. Bollinger Band Squeeze Signals Explosive Move 
Ahead Crypto analyst Ali Charts believes XRP may be on the verge of a major 
breakout move as volatility continues to tighten across higher time frames. 
According to the analyst, the Bollinger Bands on XRP’s 3-day chart are 
experiencing their tightest squeeze in more than a year, a condition that 
often precedes a sharp expansion in price action. Related Reading: XRP’s 
Recent Strategic Setup Could Mark The End For Bears – Crypto Analyst Says 
Despite the growing anticipation, he described the current setup as a no-trade 
zone, emphasizing that traders should avoid premature positions until the 
market confirms its next direction with a decisive breakout. The analyst is 
closely watching the $1.50 and $1.29 levels for confirmation. A clean 3-day 
candlestick close above $1.50 would likely trigger an upside rally toward his 
primary target around $1.80. Such a breakout would indicate that buyers have 
regained strong control of momentum. On the downside, Ali warned that a close 
below $1.29 would weaken the current bullish structure and increase the 
possibility of a deeper correction toward the key psychological support near 
$1. He stressed that patience remains crucial in the current environment, 
noting that waiting for the Bollinger Bands to break before entering trades 
offers a good risk-to-reward opportunity. XRP Remains Trapped Inside Broad 
Corrective Triangle XRP is currently navigating a broad, corrective triangle 
structure following a failed attempt at an upside breakout. More Crypto Online 
highlighted that this recent price action lacks necessary impulsive 
characteristics, suggesting the asset remains locked within a wide, range- 
bound environment for the time being. Related Reading: XRP Price Momentum 
Turns Fragile, Traders Brace For Further Weakness The preferred technical 
scenario allows for the continued development of this larger triangle 
formation, which may eventually support another move higher as part of a 
developing C-wave. Thus, the primary resistance clusters are located at $1.55, 
$1.60, and $1.66, serving as potential ceilings for the move. Conversely, the 
structural integrity of this triangle weakens significantly should the price 
breach the critical support threshold of $1.28. Before reaching that level, 
the next support is around $1.30, followed by a deeper liquidity zone situated 
between $1.26 and $1.16, which serves as the ultimate range support. XRP 
continues to oscillate within this corrective range. While an upside extension 
remains a possibility, the market has yet to demonstrate a convincing, 
impulsive breakout. Nonetheless, the burden of proof rests with the bulls to 
initiate a definitive trend shift above current resistance levels. Featured 
image from Adobe Stock, chart from Tradingview.com

XRP is approaching a crucial turning point as price action tightens within a major consolidation range, fueling speculation that a breakout could be near. With bullish momentum slowly building, analysts believe a decisive move above the key $1.50 resistance level could ignite a powerful rally toward higher targets in the coming sessions. Bollinger Band Squeeze &#8230;

Minnesota bans prediction markets, CFTC fires back

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