Drift Protocol said its insurance fund was not affected by the recent attack 
and that users who staked into the fund will be able to withdraw their shares 
normally once the protocol is brought back online. Drift said in an…

Drift Protocol said its insurance fund was not affected by the recent attack and that users who staked into the fund will be able to withdraw their shares normally once the protocol is brought back online. Drift said in an…

Drift says insurance fund untouched after attack, withdrawals to resume

The withdrawal highlights the challenges politically affiliated firms face in 
competing with established financial giants in the crypto ETF market.
The post Trump Media withdraws SEC registration for Truth Social bitcoin ETFs 
appeared first on Crypto Briefing.

The withdrawal highlights the challenges politically affiliated firms face in competing with established financial giants in the crypto ETF market. The post Trump Media withdraws SEC registration for Truth Social bitcoin ETFs appeared first on Crypto Briefing.

Trump Media withdraws SEC registration for Truth Social bitcoin ETFs

Tether International has acquired Softbank’s equity stake in Twenty One 
Capital, the NYSE-listed bitcoin treasury company holding approximately 43,514 
BTC, giving the stablecoin issuer greater control over one of the largest 
publicly traded bitcoin accumulation vehicles in the world. Ardoino Says XXI 
Enters Next Chapter as Tether Absorbs Softbank’s Stake The deal, announced on 
May […]

Tether International has acquired Softbank’s equity stake in Twenty One Capital, the NYSE-listed bitcoin treasury company holding approximately 43,514 BTC, giving the stablecoin issuer greater control over one of the largest publicly traded bitcoin accumulation vehicles in the world. Ardoino Says XXI Enters Next Chapter as Tether Absorbs Softbank’s Stake The deal, announced on May &#8230;

Twenty One Capital Ownership Shifts as Tether Buys Out Softbank’s XXI Position

Variational&#8217;s funding could intensify competition in the crypto derivatives 
market, potentially driving innovation and lowering trading costs.
The post Variational raises $50M Series A led by Dragonfly Capital to build 
zero-fee derivatives trading appeared first on Crypto Briefing.

Variational&#8217;s funding could intensify competition in the crypto derivatives market, potentially driving innovation and lowering trading costs. The post Variational raises $50M Series A led by Dragonfly Capital to build zero-fee derivatives trading appeared first on Crypto Briefing.

Variational raises $50M Series A led by Dragonfly Capital to build zero-fee derivatives trading

The freeze in tech buyouts signals a shift in investment focus towards AI 
infrastructure, impacting exit strategies for software companies.
The post Tech private equity buyouts freeze as market grapples with AI 
uncertainties appeared first on Crypto Briefing.

The freeze in tech buyouts signals a shift in investment focus towards AI infrastructure, impacting exit strategies for software companies. The post Tech private equity buyouts freeze as market grapples with AI uncertainties appeared first on Crypto Briefing.

Tech private equity buyouts freeze as market grapples with AI uncertainties

The ZEC technical structure continues to strengthen after breaking above a key 
macro resistance level that had capped price action for an extended period. 
Following a successful breakout above a long-standing descending trendline, 
the asset has continued to hold above key levels that previously served as 
strong resistance throughout the broader downtrend. The move signals a 
potential shift in momentum as bullish pressure gradually returns to the 
chart. How Zcash Momentum Continues Building After Technical Breakout Zcash is 
showing signs of renewed technical strength after completing a significant 
compound breakout above both a long-standing descending trendline and the 
critical $540 macro resistance zone. Technical analyst Ardi mentioned on X 
that the asset has also closed above the previous lower high near $560 for the 
first time since the broader shift in market structure. Related Reading: 
Here’s Why The ZCash (ZEC) Price Rallied Above $500 Again This level now 
becomes a critical pivot, whether ZEC can hold its reclaimed level as support 
and build momentum toward the next major resistance region between $590 and 
$600. However, if ZEC fails to maintain this structure, it would quickly shift 
price back toward the $540 level as the next key support zone. Ardi 
highlighted that the cleanest risk setup and reward remain at the extremes, 
which is either a confirmed breakout above $640 highs or a retest into $540 
support with a clear invalidation below. The current range of ZEC is likely to 
remain choppy, with price action lacking clear direction between key levels. 
Ardi advises that with further consolidation still possible before a decisive 
breakout, the more strategic approach is to avoid chasing price in the middle 
of the range. Instead, the better trade structure is to position longs at 
support. Will Zcash Rally Gains Strength Following Clean Breakout Confirmation 
Zcash has continued to strengthen technically after successfully confirming a 
breakout from a well-defined daily bull flag continuation pattern, signaling a 
sustained upside bullish continuation momentum following weeks of 
consolidation. Related Reading: Zcash (ZEC) Approaches Critical Breakout Zone 
With Bulls Targeting Higher Levels After Recent Surge According to a post on X 
from an analyst known as Team LAMBO, the setup move inside the premium from 
the $510 breakout zone toward $560 has already delivered nearly 20% expansion 
from the previously identified local bottom, reinforcing growing optimism 
around the ZEC higher timeframe structure. Despite this move, the broader 
structure still appears incomplete. As long as the price holds above the 
breakout region, the bullish bias will remain intact, with momentum favoring 
further upside. From a higher timeframe (HTF) perspective, the next key 
expansion targets are positioned around $625, followed by the $680 resistance 
zone, where a significant pool of liquidity is expected to be situated. 
Featured image from Medium, chart from Tradingview.com

The ZEC technical structure continues to strengthen after breaking above a key macro resistance level that had capped price action for an extended period. Following a successful breakout above a long-standing descending trendline, the asset has continued to hold above key levels that previously served as strong resistance throughout the broader downtrend. The move signals &#8230;

Drift says insurance fund untouched after attack, withdrawals to resume

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