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The latest Bitcoin price action has been played to a technical wall, Cryptocurrency analyst Merlijn The Trader believes that the rejection could become more serious if one of the nearby support levels fails. In particular, technical analysis shows that price…
short Pope Leo XIV released “Magnifica Humanitas” on May 25, the first papal encyclical devoted entirely to artificial intelligence. The publication classifies algorithms, data and digital platforms as common goods that cannot remain under the control of a private monopoly.…
Bitcoin price faces a potential drop to $73,850, as overall supply pressure from the 20 and 50-day EMA could hamper the recovery momentum. Heatmap of Bitcoin’s aggregate liquidation levels indicates that a 6-7% decline could lead to prolonged, widespread unwindings…
A major US bank is preparing to distribute up to $25,000 to each data breach victim to settle a class action lawsuit. Flagstar Bank, N.A., has Agreed to a proposed $31.5 million settlement to compensate 2.18 million Americans whose personal…
Tether and the government of Georgia will launch GEL₮, a stablecoin pegged to the Georgian lari, in one of the first instances of placing sovereign fiat currencies on blockchain rails. The launch falls within Georgia’s new stablecoin system, which the…
A new turnover of whale capital is starting to hit the XRP Ledger ecosystem, and traders previously positioned in Near Protocol ($NEAR) and Hyperliquid ($HYPE) are now turning their attention towards… SorgXRPan XRPL-based real estate market whose ongoing pre-sale of…
PI finds support at $0.15, but can it hold? Price Forecast of PI Network (PI): Analysis Key support levels: $0.15, $0.13 Key resistance levels: $0.16, $0.20 PI is still in a downtrend After PI lost its support at $0.16, the…
A break of the 214.40 resistance level indicates that the GBP/JPY rebound from 210.43 has begun to resume. Intraday bias is back to the upside to retest the 216.58 high. Strong resistance should be seen there to cover the uptrend,…
Singapore’s low-sulfur fuel oil imports from Western markets are set to decline for the fourth straight month in May, amid unfavorable arbitrage opportunities largely due to a sharp default, several Singapore-based traders told Platts, part of S&P Global Energy, during…
Norwegian company Reach Subsea has been awarded a contract with an undisclosed company for inspection, maintenance and repair (IMR) and light construction services in the Black Sea. Source: Deep Sea Reach The two-year contract has been signed with a lessee…
