Bitcoin price started a downside correction from the $78,000 zone. BTC is 
consolidating and might aim for a fresh increase if it clears $78,000. Bitcoin 
failed to stay above $77,500 and extended losses. The price is trading below 
$77,000 and the 100 hourly simple moving average. There was a break below a 
contracting triangle with support at $76,750 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays 
below the $76,200 and $76,000 levels. Bitcoin Price Faces Resistance Bitcoin 
price failed to clear the $78,000 resistance zone. BTC started a downside 
correction from the $77,809 swing high and traded below $77,500. There was a 
move below the 23.6% Fib retracement level of the upward move from the $74,209 
swing low to the $77,809 high. Besides, there was a break below a contracting 
triangle with support at $76,750 on the hourly chart of the BTC/USD pair. 
However, the bulls are active above $76,000. Bitcoin is now trading below 
$77,000 and the 100 hourly simple moving average. If the price remains stable 
above $76,000, it could attempt a fresh increase. Immediate resistance is near 
the $76,750 level. The first key resistance is near the $77,200 level. A close 
above the $77,200 resistance might send the price further higher. In the 
stated case, the price could rise and test the $77,800 resistance. Any more 
gains might send the price toward the $78,000 level. The next barrier for the 
bulls could be $79,500. Downside Extension In BTC? If Bitcoin fails to rise 
above the $77,200 resistance zone, it could start another decline. Immediate 
support is near the $76,000 level or the 50% Fib retracement level of the 
upward move from the $74,209 swing low to the $77,809 high. The first major 
support is near the $75,500 level. The next support is now near the $75,000 
zone. Any more losses might send the price toward the $74,000 support in the 
near term. The main support now sits at $73,500, below which BTC might 
struggle to recover in the near term. Technical indicators: Hourly MACD – The 
MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength 
Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – 
$76,000, followed by $75,000. Major Resistance Levels – $77,200 and $78,000.

Bitcoin price started a downside correction from the $78,000 zone. BTC is consolidating and might aim for a fresh increase if it clears $78,000. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There was a break below a contracting triangle with &#8230;

Bitcoin Price Recovery Looks Fragile, Another Drop May Follow Soon

OKX’s X Layer launched Exchange OS, letting builders deploy spot, perp, and 
outcome markets as a 2026 World Cup test venue arrives in June.

OKX’s X Layer launched Exchange OS, letting builders deploy spot, perp, and outcome markets as a 2026 World Cup test venue arrives in June.

OKX’s X Layer lets users build their own crypto markets

Cryptocurrency is undergoing an identity crisis as the gap widens between its 
decentralized origins and today’s institution‑driven adoption, argues Meltem 
Demirors. The Institutional Paradox Meltem Demirors, founder and general 
partner of early-stage fund Crucible, argues that institutional access hasn’t 
made bitcoin more useful. Instead, it has triggered an identity crisis, 
absorbing crypto into the very […]

Cryptocurrency is undergoing an identity crisis as the gap widens between its decentralized origins and today’s institution‑driven adoption, argues Meltem Demirors. The Institutional Paradox Meltem Demirors, founder and general partner of early-stage fund Crucible, argues that institutional access hasn’t made bitcoin more useful. Instead, it has triggered an identity crisis, absorbing crypto into the very &#8230;

Meltem Demirors Says Banks Won as Bitcoin ETFs Pull Crypto Into Wall Street’s Orbit

XRP price started a downside correction from the $1.3740 zone. The price is 
now consolidating and might aim for another increase if it stays above the 
$1.320 zone. XRP price started a downside correction after it failed to stay 
above the $1.3620 zone. The price is now trading below $1.3580 and the 
100-hourly Simple Moving Average. There is a bearish trend line forming with 
resistance at $1.360 on the hourly chart of the XRP/USD pair (data source from 
Kraken). The pair could start a fresh increase if it settles above $1.3620. 
XRP Price Holds Support XRP price struggled to stay above $1.3720 and started 
a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.3620 
and $1.3600 levels. The price declined below $1.3550 and even spiked below the 
50% Fib retracement level of the upward move from the $1.30 swing low to the 
$1.3740 high. Besides, there is a bearish trend line forming with resistance 
at $1.360 on the hourly chart of the XRP/USD pair. The price is now trading 
below $1.3520 and the 100-hourly Simple Moving Average. If there is a fresh 
upward move, the price might face resistance near the $1.350 level. The first 
major resistance is near the $1.3560 level, above which the price could rise 
and test $1.360. A clear move above the $1.360 resistance might send the price 
toward the $1.3720 resistance. Any more gains might send the price toward the 
$1.3750 resistance. The next major hurdle for the bulls might be near $1.380. 
Downside Extension? If XRP fails to clear the $1.360 resistance zone, it could 
start a fresh decline. Initial support on the downside is near the $1.330 
level. The next major support is near the $1.3280 level and the 61.8% Fib 
retracement level of the upward move from the $1.30 swing low to the $1.3740 
high. If there is a downside break and a close below the $1.3280 level, the 
price might continue to decline toward $1.3175. The next major support sits 
near the $1.3120 zone, below which the price could continue lower toward 
$1.3050. Any more losses might call for a test of $1.30. Technical Indicators 
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. 
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 
level. Major Support Levels – $1.3280 and $1.3120. Major Resistance Levels – 
$1.3550 and $1.3750.

XRP price started a downside correction from the $1.3740 zone. The price is now consolidating and might aim for another increase if it stays above the $1.320 zone. XRP price started a downside correction after it failed to stay above the $1.3620 zone. The price is now trading below $1.3580 and the 100-hourly Simple Moving &#8230;

XRP Price Weakness Builds, Traders Brace For Fresh Selloff

Exchange OS could democratize crypto market creation, potentially increasing 
market diversity and accessibility while challenging traditional exchanges.
The post X Layer launches Exchange OS for custom crypto market creation 
appeared first on Crypto Briefing.

Exchange OS could democratize crypto market creation, potentially increasing market diversity and accessibility while challenging traditional exchanges. The post X Layer launches Exchange OS for custom crypto market creation appeared first on Crypto Briefing.

X Layer launches Exchange OS for custom crypto market creation

Render rose 13.16% to $2.25 as active wallets hit a 12-week high, while 
derivatives volume jumped 126.52% and open interest rose on May 26.

Render rose 13.16% to $2.25 as active wallets hit a 12-week high, while derivatives volume jumped 126.52% and open interest rose on May 26.

Bitcoin Price Recovery Looks Fragile, Another Drop May Follow Soon

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