BofA confirms stablecoin plans as the GENIUS and CLARITY crypto bills advance in the House, with a final vote expected this week. The post BofA confirms stablecoin plans as GENIUS and CLARITY bills advance in the House appeared first on Crypto Briefing.

BofA confirms stablecoin plans as GENIUS and CLARITY bills advance in the House

In a bold move to modernize government operations, California’s leadership 
partners with top tech minds to transform bureaucracy into a model of 21st- 
century efficiency and innovation. Governor Gavin Newsom unveiled the 
California Breakthrough Project, a new initiative launched at Ripple&#8217;s 
headquarters with participation from crypto leaders, including Coinbase, to 
advise on cutting-edge improvements across state […]

California Taps Ripple and Coinbase for Government Tech Overhaul

XRP price started a fresh increase and traded above the $3.020 zone. The price 
is now consolidating gains and might continue to rise above the $3.10 support 
zone. XRP price started a fresh increase above the $3.020 zone. The price is 
now trading above $2.950 and the 100-hourly Simple Moving Average. There is a 
key bullish trend line forming with support at $2.950 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could start another 
increase if it stays above the $2.880 zone. XRP Price Eyes More Upsides XRP 
price started a fresh increase after it settled above the $2.840 level, like 
Bitcoin and Ethereum. The price was able to climb above the $2.950 resistance 
level. The bulls remained in action and the price gained pace for a move above 
$3.00 barrier. Finally, the price tested the $3.10 zone. A high was formed at 
$3.10 and the price is now consolidating gains. There was a move below the 
$3.050 level. The price dipped below the 23.6% Fib retracement level of the 
upward move from the $2.660 swing low to the $3.10 high. The price is now 
trading above $2.950 and the 100-hourly Simple Moving Average. On the upside, 
the price might face resistance near the $3.020 level. The first major 
resistance is near the $3.050 level. A clear move above the $3.050 resistance 
might send the price toward the $3.10 resistance. Any more gains might send 
the price toward the $3.120 resistance or even $3.150 in the near term. The 
next major hurdle for the bulls might be near the $3.20 zone. Downside Break? 
If XRP fails to clear the $3.00 resistance zone, it could start another 
decline. Initial support on the downside is near the $2.950 level and the 
trend line zone. The trend line is close to the 50% Fib retracement level of 
the upward move from the $2.660 swing low to the $3.10 high. The next major 
support is near the $2.880 level. If there is a downside break and a close 
below the $2.880 level, the price might continue to decline toward the $2.840 
support. The next major support sits near the $2.750 zone. Technical 
Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the 
bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is 
now above the 50 level. Major Support Levels – $2.950 and $2.840. Major 
Resistance Levels – $3.00 and $3.10.

XRP Price Fires Up Again: Momentum Grows, Eyes Key Resistance

Coinbase has taken a major step toward bringing everyday users onchain with 
the launch of the Base App, a new product that combines trading, social media, 
payments, and app discovery into a single platform. The announcement was made 
on July…

Coinbase unveils Base App, a new “everything app”  for social, payments, and trading

The rise in popularity of the Coinbase app is often seen as a sign of renewed 
retail interest, but there’s still debate whether retail has truly returned.

Retail waking up? Coinbase rockets to rank 137 in App Store

Coinbase is transforming its wallet into Base App, a crypto-native app 
combining social media, trading, payments, and mini-apps.