Bitcoin Price Bounce Weakens, Downside Risks Begin Rising Again

Bitcoin's surge and short liquidations highlight market volatility and potential for further price increases amid geopolitical uncertainties. The post Bitcoin surges past $78,000, triggers $30M in short liquidations appeared first on Crypto Briefing.

XRP price started a recovery wave above $1.360 and $1.3620. The price is now consolidating and might aim for a fresh move if it clears $1.3940. XRP price started a recovery wave above the $1.3620 zone. The price is now trading below $1.3850 and the 100-hourly Simple Moving Average. There was a break above a declining channel with resistance at $1.380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.3940. XRP Price Eyes Recovery XRP price remained supported above $1.3450 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.3550 and $1.360 to enter a short-term positive zone. More importantly, there was a break above a declining channel with resistance at $1.380 on the hourly chart of the XRP/USD pair. However, the bears could be active near the $1.3820 zone and the 23.6% Fib retracement level of the downward move from the $1.5495 swing high to the $1.3465 swing low. The pr

Bsquared Technology Pte Ltd has no auditors to answer to yet — but it will. Singapore’s central bank has ordered the crypto firm to produce a closure certificate confirming that all customer funds have been returned. The company told regulators it holds no outstanding customer assets. Related Reading: Kraken Slashes 150 Roles While Ramping Up […]

HYPE is showing remarkable strength as it approaches all-time highs — a performance that stands in sharp contrast to the broader market, facing selling pressure and uncertainty. While most assets have been retreating, Hyperliquid’s native token has been moving in the opposite direction, drawing attention from the most closely watched category of participants in the digital asset space. Related Reading: Bitcoin’s 2026 Market Structure Reveals A Problem Hidden Beneath ETF Growth Data from Arkham Intelligence has revealed that a whale wallet linked to Andreessen Horowitz — the legendary Silicon Valley venture capital firm known as a16z, which manages one of the largest and most influential dedicated crypto funds in the world and has backed foundational projects including Coinbase, Uniswap, and Solana — has created a new wallet and used it to purchase 206,325 HYPE tokens worth approximately $9.95 million over the past ten hours. The purchased tokens were then immediately staked — a deliber

Shares in Nakamoto closed Wednesday at 16 cents. They are down more than 99% from May last year, when the stock traded above $25.

Ethereum price started a recovery wave above the $2,110 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave above the $2,120 zone. The price is trading below $2,140 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Eyes Recovery Ethereum price remained bid above the $2,065 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,080 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,198 swing high to the $2,075 swing low. Besides, there was a break above a bearish trend line with resistance at $2,110 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,150 and the 100-hourly Simple Moving Average. If the bulls

Ferrari's crypto acceptance could drive luxury market innovation, attracting crypto-wealthy buyers while mitigating volatility concerns. The post Ferrari accepts Bitcoin and crypto payments in US and Europe appeared first on Crypto Briefing.

XRP is struggling below resistance as selling pressure weighs on a price that has retreated from the $1.45 level that briefly offered hope of a sustained recovery. The market is cautious, and an Arab Chain report tracking institutional accumulation behavior has identified a shift in large investor activity that provides a specific on-chain explanation for why the current weakness has been difficult to arrest. Related Reading: Bitcoin’s 2026 Market Structure Reveals A Problem Hidden Beneath ETF Growth The institutional accumulation indicator for XRP on Binance has dropped to approximately -0.0059, returning to negative territory after a period of meaningful improvement through April. The regression matters because of what preceded it. From late March onward, the indicator had been climbing gradually — a sustained, directional improvement that reflected growing institutional buying interest as XRP’s price recovered toward $1.45. The positive readings that accompanied that price improveme