According to Normative Instruction No. 739, issued on Friday, VASPs will now 
need to undergo an audit by an approved third-party entity to obtain 
authorization to operate in Brazil. The requirement adds to an already 
stringent regulation, making the process of obtaining a license in Brazil more 
difficult. Central Bank Of Brazil Moves to Add […]

According to Normative Instruction No. 739, issued on Friday, VASPs will now need to undergo an audit by an approved third-party entity to obtain authorization to operate in Brazil. The requirement adds to an already stringent regulation, making the process of obtaining a license in Brazil more difficult. Central Bank Of Brazil Moves to Add &#8230;

New Rules for Crypto in Brazil: Central Bank Demands Strict Independent Audits for VASPs

XRP and XLM are once again drawing attention as their long-standing price 
correlation fuels expectations of a potential recovery rally. If history 
repeats itself, the recent move in XLM could signal that XRP is preparing for 
a bullish breakout of its own, potentially reigniting confidence across the 
broader XRP ecosystem. Could XLM’s Breakout Be The Catalyst For XRP’s Next 
Rally? Crypto analyst Bird highlighted a compelling structural possibility for 
XRP, suggesting that if it mirrors the powerful weekly candle recently 
delivered by XLM, a rapid ascent above the $2 threshold could be imminent. 
This move would serve as a vital marker, effectively invalidating the recent 
bearish trend and signaling a new phase of accelerated growth for the asset. 
Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound 
Such a breakout would do more than just shift the price; it would 
fundamentally transform market sentiment. By restoring confidence and 
generating renewed excitement, this surge would likely flood the XRP ecosystem 
with fresh capital, confirming that the worst of the recent corrective phase 
is finally behind us. For long-term XRP holders, this momentum would act as a 
catalyst for heightened activity across the entire ecosystem, driving 
increased liquidity and participation in memes, NFTs, and Automated Market 
Makers (AMMs). This surge in engagement across XRP and the XRP Ledger would 
underscore the interconnected nature of the ledger&#8217;s economy during periods of 
bullish expansion. Furthermore, the technical validity of this scenario is 
bolstered by the multi-year standing correlation between XRP and XLM. Time and 
again, these two assets have provided clues regarding each other&#8217;s future 
path. The question now remains: has XLM effectively fired the starting gun for 
XRP? XRP/BTC Falling Wedge Signals Potential Breakout Opportunity CryptoVision 
has identified the XRP/BTC chart as a pivotal focal point for the coming 
weeks, noting that the asset is currently developing within a well-defined 
falling wedge pattern. This structure remains perfectly intact, suggesting 
that significant accumulation is occurring beneath the surface. For market 
participants, this chart provides a clear technical roadmap, indicating that 
the current consolidation phase is a critical precursor to a potential shift 
in market dominance. Related Reading: XRP Traders Face Mounting Pressure As 
Sideways Price Action Extends – What To Know If XRP can successfully 
consolidate and harness momentum from these current levels, a retest of the 
upper resistance boundary is anticipated in the near term. This test will 
serve as the definitive moment for bulls to assert control and confirm the 
validity of the wedge. Once the price decisively clears this wedge formation, 
the market dynamic is expected to shift rapidly. The analyst suggests that 
this pattern will signal a strong and rapid upward move, potentially 
triggering a significant shift in the pair&#8217;s trend in the long term. Featured 
image from Adobe Stock, chart from Tradingview.com

XRP and XLM are once again drawing attention as their long-standing price correlation fuels expectations of a potential recovery rally. If history repeats itself, the recent move in XLM could signal that XRP is preparing for a bullish breakout of its own, potentially reigniting confidence across the broader XRP ecosystem. Could XLM’s Breakout Be The &#8230;

XRP And XLM Correlation Sparks Hopes Of A Recovery Surge

Prediction market platform Kalshi has filed a federal lawsuit to block a 
first-in-the-nation Minnesota law that would make operating or advertising 
prediction markets a felony, escalating a nationwide fight over who regulates 
the fast-growing sector. Minnesota’s First-in-Nation Felony Ban Kalshi, a 
federally regulated prediction market where users trade contracts on the 
outcome of real-world events, […]

Prediction market platform Kalshi has filed a federal lawsuit to block a first-in-the-nation Minnesota law that would make operating or advertising prediction markets a felony, escalating a nationwide fight over who regulates the fast-growing sector. Minnesota’s First-in-Nation Felony Ban Kalshi, a federally regulated prediction market where users trade contracts on the outcome of real-world events, &#8230;

Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets

The Senate Banking Committee voted to advance the CLARITY Act in May, but it 
must still pass both chambers of Congress before heading to the president&#8217;s 
desk.

The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president&#8217;s desk.

Senator Lummis says China will &#8216;write the rules&#8217; of the new financial era if CLARITY fails

Gravity Bridge has lost about $5.4 million following an early Saturday drain 
that security researchers linked to a possible signing key compromise. On- 
chain analyst Specter first flagged the unusual withdrawals, saying the 
pattern suggested that the bridge’s signing keys may…

Gravity Bridge has lost about $5.4 million following an early Saturday drain that security researchers linked to a possible signing key compromise. On- chain analyst Specter first flagged the unusual withdrawals, saying the pattern suggested that the bridge’s signing keys may…

Gravity Bridge halted after $5.4M drain hits Ethereum-Cosmos link

SpaceX&#8217;s IPO could reshape market dynamics, highlighting its strategic role in 
U.S. space capabilities and boosting investor confidence.
The post SpaceX targets $1.8T valuation for 2026 IPO debut appeared first on 
Crypto Briefing.

SpaceX&#8217;s IPO could reshape market dynamics, highlighting its strategic role in U.S. space capabilities and boosting investor confidence. The post SpaceX targets $1.8T valuation for 2026 IPO debut appeared first on Crypto Briefing.

New Rules for Crypto in Brazil: Central Bank Demands Strict Independent Audits for VASPs

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