GSX co-founder Ryan Kirkley says none of the committed $125m has moved yet, 
while $350m has been settled on-chain via dollar stablecoins.

GSX co-founder Ryan Kirkley says none of the committed $125m has moved yet, while $350m has been settled on-chain via dollar stablecoins.

GSX settles $350m on-chain as $125m liquidity waits

Bank of England Deputy Governor Sarah Breeden has detailed a comprehensive 
plan to modernize the UK financial ecosystem by integrating stablecoins, asset 
tokenization, and overhauled payment architectures. A Shift in Stablecoin 
Regulation The Bank of England will publish draft rules for systemic 
stablecoins next month, aiming to finalize a regulatory framework by year-end 
in alignment […]

Bank of England Deputy Governor Sarah Breeden has detailed a comprehensive plan to modernize the UK financial ecosystem by integrating stablecoins, asset tokenization, and overhauled payment architectures. A Shift in Stablecoin Regulation The Bank of England will publish draft rules for systemic stablecoins next month, aiming to finalize a regulatory framework by year-end in alignment &#8230;

Bank of England Moves Stablecoin Rules to June as UK Targets Year-End Framework

Ethereum price started a recovery wave above the $2,110 zone. ETH is now 
consolidating and might struggle to continue higher above the $2,150 
resistance. Ethereum started a recovery wave above the $2,120 zone. The price 
is trading below $2,140 and the 100-hourly Simple Moving Average. There was a 
break above a bearish trend line with resistance at $2,110 on the hourly chart 
of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it 
stays below the $2,150 zone. Ethereum Price Eyes Recovery Ethereum price 
remained bid above the $2,065 support zone, like Bitcoin. ETH price formed a 
base and started a recovery wave above the $2,080 resistance. The price 
surpassed the 50% Fib retracement level of the downward move from the $2,198 
swing high to the $2,075 swing low. Besides, there was a break above a bearish 
trend line with resistance at $2,110 on the hourly chart of ETH/USD. Ethereum 
price is now trading below $2,150 and the 100-hourly Simple Moving Average. If 
the bulls remain in action above $2,100, the price could attempt another 
increase. Immediate resistance is seen near the $2,140 level. The first key 
resistance is near the $2,150 level or the 61.8% Fib retracement level of the 
downward move from the $2,198 swing high to the $2,075 swing low. The next 
major resistance is near the $2,175 level. A clear move above the $2,175 
resistance might send the price toward the $2,200 resistance. An upside break 
above the $2,200 region might call for more gains in the coming days. In the 
stated case, Ether could rise toward the $2,250 resistance zone or even $2,265 
in the near term. Another Decline In ETH? If Ethereum fails to clear the 
$2,150 resistance, it could start a fresh decline. Initial support on the 
downside is near the $2,120 level. The first major support sits near the 
$2,080 zone. A clear move below the $2,080 support might push the price toward 
the $2,020 support. Any more losses might send the price toward the $2,000 
region. The main support could be $1,940. Technical Indicators Hourly MACD – 
The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI &#8211; The 
RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,050 Major 
Resistance Level – $2,150

Ethereum price started a recovery wave above the $2,110 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave above the $2,120 zone. The price is trading below $2,140 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with &#8230;

Ethereum Price Encounters Fresh Resistance, Bulls Lose Some Momentum

AI&#8217;s potential to revolutionize scientific discovery could reshape industries, 
but may also exacerbate unemployment, especially for young workers.
The post Anthropic co-founder predicts AI will achieve Nobel prize-winning 
discovery within a year appeared first on Crypto Briefing.

AI&#8217;s potential to revolutionize scientific discovery could reshape industries, but may also exacerbate unemployment, especially for young workers. The post Anthropic co-founder predicts AI will achieve Nobel prize-winning discovery within a year appeared first on Crypto Briefing.

Anthropic co-founder predicts AI will achieve Nobel prize-winning discovery within a year

Samsung&#8217;s labor peace boosts investor confidence, crucially supporting its AI 
chip strategy amid fierce competition and market dynamics.
The post Samsung Electronics shares surge 8% as strike averted with $416,000 
bonuses appeared first on Crypto Briefing.

Samsung&#8217;s labor peace boosts investor confidence, crucially supporting its AI chip strategy amid fierce competition and market dynamics. The post Samsung Electronics shares surge 8% as strike averted with $416,000 bonuses appeared first on Crypto Briefing.

Samsung Electronics shares surge 8% as strike averted with $416,000 bonuses

Emerging Asian markets face economic strain from geopolitical tensions, 
risking currency devaluation, inflation, and reduced remittances.
The post Iran war pressures emerging Asian markets, fuels bearish currency 
scenarios appeared first on Crypto Briefing.

Emerging Asian markets face economic strain from geopolitical tensions, risking currency devaluation, inflation, and reduced remittances. The post Iran war pressures emerging Asian markets, fuels bearish currency scenarios appeared first on Crypto Briefing.

GSX settles $350m on-chain as $125m liquidity waits

Comments