Are Amazon, Walmart, and Ant Group building a new monetary layer beneath commerce — where stablecoins replace dollars, eliminate middlemen, and reshape consumer behavior inside their own financial empires? Retail giants warm up to stablecoins Three global players in commerce…

“It’s not if — it’s when” — how Amazon, Walmart, and Ant Group plan to weaponize stablecoins

Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss 
which capital markets instruments could move onchain and how to best navigate 
the change.

JPMorgan, SEC meet to discuss capital markets moving onchain

Ethereum has faced intense volatility in recent days as escalating tensions 
between Israel and Iran continue to rattle global markets. Despite the 
uncertainty, ETH remains resilient above the $2,500 level, signaling ongoing 
strength among bulls. However, Ethereum now trades just below a critical 
resistance level at $2,675 — a zone that has acted as a barrier several times 
over the past few weeks. A breakout above this mark could trigger renewed 
upside momentum and set the stage for a rally toward $3,000. Related Reading: 
Ethereum Consolidation Continues – Altseason May Follow A Clean Break Above 
Resistance Market participants remain divided on Ethereum’s short-term 
direction, but the technical landscape offers a potentially bullish clue. 
According to top analyst Ted Pillows, Ethereum is on the verge of completing a 
golden cross — a chart pattern where the 50-day moving average crosses above 
the 200-day moving average. Historically, this signal has preceded strong 
upward trends in ETH, with the last golden cross resulting in a 35% surge over 
the following weeks. As Ethereum hovers in a tight range, traders are closely 
watching this setup. If bulls manage to reclaim $2,675 and the golden cross 
confirms, Ethereum could enter a powerful breakout phase, potentially sparking 
broader optimism across the altcoin market. Ethereum Prepares For A Breakout 
As Bulls Hold Support Ethereum is facing a decisive moment as it continues to 
trade within a range that has persisted for more than six weeks. The current 
price structure reflects growing indecision among market participants, largely 
driven by geopolitical uncertainty stemming from the escalating conflict 
between Israel and Iran. This macro backdrop has injected volatility across 
financial markets, and Ethereum has not been immune. While price action 
remains contained, ETH bulls are showing resilience by defending the $2,500 
level — a crucial zone that has repeatedly served as support during the past 
month. However, to regain momentum, Ethereum must break above the 
$2,750–$2,800 resistance area, which has proven to be a major barrier since 
early May. This range remains the threshold separating consolidation from a 
full bullish breakout. A reclaim of this level would likely trigger a wave of 
buying, as it would mark the end of the current sideways phase and possibly 
initiate a fresh trend toward the $3,000 mark. Adding to the bullish thesis, 
Ted Pillows highlights that a golden cross is approaching on Ethereum’s moving 
averages. This occurs when the 50-day moving average crosses above the 200-day 
moving average — a technical signal often associated with trend reversals and 
sustained upward moves. The last time this setup formed, Ethereum surged over 
35% in just a few weeks. With ETH hovering just beneath key resistance and 
macro conditions remaining uncertain, the coming days may determine whether 
the golden cross will serve as a launchpad for a major rally. If bulls hold 
$2,500 and reclaim $2,800, Ethereum could be preparing for a significant 
breakout, potentially igniting momentum across the altcoin sector. Related 
Reading: Ethereum Consolidation Continues – Altseason May Follow A Clean Break 
Above Resistance Ethereum Holds Support But Struggles With Resistance Ethereum 
(ETH) is showing resilience as it continues to trade above the $2,500 mark, 
but price action on the 4-hour chart reveals persistent difficulty in breaking 
through the $2,675–$2,700 resistance zone. This area, highlighted on the 
chart, has acted as a rejection zone multiple times since early June, capping 
bullish attempts to break out of the current range. Price recently tapped this 
resistance area again but failed to sustain momentum, resulting in a pullback 
toward the 200 EMA and 200 SMA, currently acting as near-term support around 
$2,575. ETH now hovers slightly above that level, and bulls must defend this 
zone to avoid slipping into lower support near $2,500. The pattern shows 
continued consolidation between a clearly defined support and resistance band, 
with the 50 and 100 moving averages flattening — a sign of market indecision. 
Volume has also declined slightly, reinforcing the idea that the market is 
waiting for a catalyst. Related Reading: Ethereum Weekly Candle Hints At Pre- 
Tower Top Formation – Details If ETH can reclaim $2,675 with conviction and 
follow through above $2,700, a rally toward the $2,850–$3,000 zone could 
develop. Until then, this tight range may continue. Holding the current 
support is crucial to avoid testing lower levels near $2,400, which could 
shift sentiment bearish. Featured image from Dall-E, chart from TradingView

Ethereum Golden Cross Approaching – Will History Repeat?

The SEC’s review of the Franklin XRP ETF comes amid rising institutional 
confidence in XRP, underscoring its evolving market maturity and accelerating 
push for crypto-backed ETFs. SEC Reviewing Franklin XRP ETF Proposal as 
Confidence Grows in XRP Market Structure The U.S. Securities and Exchange 
Commission (SEC) announced on June 17 that it has initiated proceedings […]

SEC Reviews Franklin XRP ETF Proposal in Key Step Toward Potential Approval

After months of sideways movement, XRP may finally be gearing up for a 
significant breakout. According to analysts, the popular altcoin saw a 
dramatic 700% surge earlier last year. Now, its price is positioned to exit a 
seven-month consolidation phase, which could set it up for its next bullish 
move. XRP Gets Ready For Major Bullish Move A recently published technical 
chart by market expert ‘Crypto Michael’ on X (formerly Twitter) reveals that 
XRP has been consolidating for seven months following a staggering 700% price 
rally, which was triggered by a breakout from a multi-year Symmetrical 
Triangle pattern. The chart, based on a 3-month candlestick, shows that XRP 
had been in a major price compression within the triangle pattern for seven 
years. Related Reading: XRP Price Still On Track For $1.5T Market Cap And 27% 
Crypto Market Dominance True to form, XRP finally broke above the upper 
trendline of the pennant in late 2024, igniting one of its most powerful 
quarterly rallies to date. This breakout led to a price surge of about 700%, 
pushing the cryptocurrency from around $0.6 to over $2. Since the dramatic 
breakout, XRP has entered a stabilization phase, trading sideways in what 
appears to be a healthy consolidation range. The chart highlights this 
consolidation area with a white circle, indicating a well-defined post- 
breakout phase. Notably, XRP’s $2.15 price at the time of the analysis is 
above prior resistance levels, suggesting that the cryptocurrency is 
maintaining strength while waiting for its next bullish catalyst. Crypto 
Michael points out that XRP’s consolidation is ending just as Bitcoin, the 
world’s largest cryptocurrency, approaches a critical juncture: the “8-year 
line.” This correlation suggests that a broader shift in market sentiment may 
be underway. Historically, leading altcoins like XRP have followed Bitcoin’s 
lead during broader market rallies. If BTC successfully breaks through this 
long-standing line, Crypto Michael believes it could serve as a macro trigger 
that ignites a fresh bullish move for XRP. Analyst Says The Altcoin Is Set To 
Explode Against BTC A fresh analysis by Egrag Crypto, a crypto analyst on X, 
suggests that the XRP/BTC pair could be on the edge of a major breakout. The 
pair has followed a consistent cycle for over a decade, with lows in 2015, 
2017, 2020, and 2024—each succeeded by strong rallies. These lows align with a 
rising trendline, signaling possible long-term strength. Related Reading: XRP 
Bullish Structure Remains Bullish: Analyst Releases 3 New Targets Now, XRP/BTC 
is approaching a key resistance level that has blocked past rallies since 
2015. This time, however, Egrag Crypto suggests that the setup looks different 
and slightly more favorable for a breakout. If the pair breaks above this 
multi-year ceiling, it could mark a major turning point, effectively leading 
XRP into an explosive bullish phase. The analyst’s chart outlines two 
potential paths: a green breakout zone if XRP pushes higher and a red 
rejection zone if it fails to break this key resistance again. Featured image 
from Getty Images, chart from Tradingview.com

XRP To End 7-Month Consolidation After 700% Surge – Is A Major Move Coming?

The U.S. Senate passed the GENIUS Stablecoin Act on June 17, 2025, marking a 
major step toward federal regulation of stablecoins. GENIUS Act Clears Senate, 
STABLE Act Clash Looms in House The bill—formally titled the Guiding and 
Establishing National Innovation for U.S. Stablecoins Act—establishes a 
framework for issuing and regulating stablecoins, digital assets pegged to […]