The companies are pairing MXNB and RLUSD on the XRP Ledger to support institutional payments between the United States and Mexico as stablecoin adoption grows across Latin America.

The companies are pairing MXNB and RLUSD on the XRP Ledger to support institutional payments between the United States and Mexico as stablecoin adoption grows across Latin America.

Bitso brings peso-backed MXNB stablecoin to XRP Ledger via Ripple partnership

Heightened tensions in the Strait of Hormuz could disrupt global shipping and energy markets, potentially escalating U.S.-Iran conflicts.
The post Iranian forces report explosions near Sirik Island, threaten Hormuz closure appeared first on Crypto Briefing.

Heightened tensions in the Strait of Hormuz could disrupt global shipping and energy markets, potentially escalating U.S.-Iran conflicts. The post Iranian forces report explosions near Sirik Island, threaten Hormuz closure appeared first on Crypto Briefing.

Iranian forces report explosions near Sirik Island, threaten Hormuz closure

Abbott&#8217;s directive could reshape Texas&#8217;s tech landscape, impacting data center growth, energy costs, and investment strategies statewide.
The post Greg Abbott seeks new limits on Texas data centers with efficiency rules and tax repeal appeared first on Crypto Briefing.

Abbott&#8217;s directive could reshape Texas&#8217;s tech landscape, impacting data center growth, energy costs, and investment strategies statewide. The post Greg Abbott seeks new limits on Texas data centers with efficiency rules and tax repeal appeared first on Crypto Briefing.

Greg Abbott seeks new limits on Texas data centers with efficiency rules and tax repeal

Fox One&#8217;s 4K World Cup streaming could redefine sports broadcasting, driving subscription growth and setting new standards for viewer experience.
The post Fox One to stream all 104 World Cup matches in 4K from June 11 to July 19 appeared first on Crypto Briefing.

Fox One&#8217;s 4K World Cup streaming could redefine sports broadcasting, driving subscription growth and setting new standards for viewer experience. The post Fox One to stream all 104 World Cup matches in 4K from June 11 to July 19 appeared first on Crypto Briefing.

Fox One to stream all 104 World Cup matches in 4K from June 11 to July 19

Skyrocketing ticket prices and crypto integration may widen economic divides, raising concerns about accessibility and potential legal issues.
The post FIFA World Cup final tickets priced at $10,000, and there’s a crypto angle you should know about appeared first on Crypto Briefing.

Skyrocketing ticket prices and crypto integration may widen economic divides, raising concerns about accessibility and potential legal issues. The post FIFA World Cup final tickets priced at $10,000, and there’s a crypto angle you should know about appeared first on Crypto Briefing.

FIFA World Cup final tickets priced at $10,000, and there’s a crypto angle you should know about

SUI’s latest rejection at a crucial resistance area has handed control back to the bears, keeping the asset trapped in a persistent downtrend. As downside momentum continues to dominate, attention is shifting toward key support levels that could determine whether SUI is headed for further losses or nearing a potential bottom. SUI’s Fifth-Wave Decline Keeps Bears In Control More Crypto Online’s analysis highlights that SUI continues to face significant downside pressure, suggesting the market is likely still unfolding a fifth wave to the downside. While the higher timeframe structure remains open to interpretation, accommodating both bullish and bearish outcomes, the prevailing trend remains firmly toward lower prices. Related Reading: SUI Finds Strong Technical Support, Yet Broader Downtrend Fears Persist The leading scenario indicates that a critical support region lies between $0.65 and $0.49. This zone is identified as the potential foundation where a corrective wave B could conclude, setting the stage for a meaningful low. However, until the asset can stabilize within this range, the structural trend must be viewed as bearish. A more pessimistic white count risk scenario is also being monitored. This bearish alternative would gain significant traction should the market fail to hold the support cluster between $0.65 and $0.49. A breakdown below this level would mean that the current correction is likely to extend further. Ultimately, SUI is rapidly approaching this major support area, which serves as the primary zone to monitor for signs of stabilization. While this is the key area for potential buyers, any credible bullish case remains contingent on the market demonstrating a clear 5-wave advance after reaching these support levels.  Rejection At Micro Resistance Signals More Downside Risk Following a rejection from the micro resistance zone between $0.747 and $0.855, crypto analyst MCO Global notes that the asset is likely to see at least one, and potentially two, additional lows. While the structural interpretation has been complicated by the distortion caused by the October flash crash, the analyst maintains that the overall downward direction remains clear. Related Reading: Crypto Giant Dethroned: Bitcoin Drops Out Of Top 10 Amid Market Shift Key support levels are currently established at $0.65 and $0.49. These areas will be critical for determining whether the asset can find a floor or if the current momentum will push it into deeper territory. As long as the price remains contained below the resistance zone, the market continues to operate within a persistent downtrend. The analyst emphasizes that a breakout above $0.855 is the primary requirement to shift the narrative. Achieving this would serve as the first technical signal that the intense downside pressure is finally beginning to ease. Until such a move occurs, SUI remains anchored in its current bearish structure. Featured image from YouTube, chart from Tradingview.com

SUI’s latest rejection at a crucial resistance area has handed control back to the bears, keeping the asset trapped in a persistent downtrend. As downside momentum continues to dominate, attention is shifting toward key support levels that could determine whether SUI is headed for further losses or nearing a potential bottom. SUI’s Fifth-Wave Decline Keeps &#8230;

Bitso brings peso-backed MXNB stablecoin to XRP Ledger via Ripple partnership

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