JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens.

JD.com, Ant Group push yuan stablecoins to challenge US dollar dominance

The funding and valuation boost for The Open Platform could accelerate global 
blockchain adoption, leveraging Telegram&#8217;s extensive user base.
The post TON builder The Open Platform raises $28.5 million, reaches $1 
billion valuation in extended Series A appeared first on Crypto Briefing.

TON builder The Open Platform raises $28.5 million, reaches $1 billion valuation in extended Series A

Crypto analyst Crypto Inside has provided a bullish outlook for the PEPE meme 
coin. The analyst predicted that it could witness a 150% surge as it looks to 
grab the liquidity above its current range. PEPE Eyes Rally To $0.000025 In 
Bid To Grab Liquidity Above In a TradingView post, Crypto Inside shared an 
accompanying chart in which he predicted that PEPE could jump to as high as 
$0.000025 following its reclaim of the $0.000010 support zone. He explained 
that this price surge could occur because there is currently more liquidity 
above than below. Related Reading: PEPE Eyes 500% Move In Pre-Breakout Retest, 
Can It Outperform Dogecoin? The chart showed that there is a total sell 
liquidity of 10,678.659 trillion around this $0.00025 range. Meanwhile, the 
total buy liquidity for PEPE below its current crucial support zone is 
6,827.768 trillion. It is worth mentioning that a rally to $0.000025 will 
bring the meme coin close to its current all-time high (ATH) of $0.00002825. 
Crypto Inside touched on the meme coin’s liquidity depth. The analyst stated 
that the price moves from one liquidity to another and that this is the meme 
coin’s fuel. He remarked that there is significantly more of this fuel 
accumulated at the top, alluding to the sell liquidity. The analyst added that 
PEPE has always been a highly speculative asset, and during prolonged one- 
sided movements, extremely high funding is formed in it. This, he noted, 
provokes sharp jumps in price. Crypto Inside also commented on the current 
PEPE price action. He noted that the meme coin has now reached the largest 
zone of interest at $00.0000817 and is trying to consolidate there. He 
remarked that this is a powerful level around which consolidation can be 
expected before further growth. However, he warned that if the PEPE price 
falls below it without the possibility of returning, it will be an extremely 
bearish signal. The Meme Coin’s Narrative Is Still Strong As part of his 
analysis, Crypto Inside suggested that PEPE’s narrative is still strong, which 
is why the meme coin still has a chance to reach new highs. He explained that 
the narrative itself is still important in meme coins and that PEPE is an 
“eternal meme,” which will live forever. He added that it is the embodiment of 
meme culture in the world. Related Reading: PEPE Price Confirms Phoenix Rising 
Pattern That Triggers 70% Surge The analyst assured market participants that 
there is no need to fear PEPE’s oblivion. He declared that it will definitely 
not die as a narrative and that there is nothing to worry about. However, he 
admitted that new meme coins like Fartcoin have stretched liquidity across the 
market, and many have left PEPE for “new shiny things.” At the time of 
writing, the PEPE price is trading at around $0.00001056, over 11% in the last 
24 hours, according to data from CoinMarketCap. Featured image from Medium, 
chart from Tradingview.com

PEPE Eyes 150% Jump To Grab Liquidity At $0.000025 After Bouncing Off ‘Powerful Support’

June saw stablecoins reach record levels, as the U.S. Senate passed a key 
piece of legislation.

Stablecoins supply crossed $250b on investor optimism: Binance report

XRP’s price breaks out of a “pennant” with a profit target of around $3.20 
amid increasing futures open interest.

XRP futures OI jumps 30% as price chart ‘pennant’ targets $3.20

AI models generate immense value from user data. It’s time to demand onchain 
attribution and pay the people whose data makes AI possible with Payable AI, 
to ensure fair recognition and payment for everyone.