Gold (XAUUSD) has exhibited a robust rally since its low on May 15, 2025. The metal formed a five-swing motive sequence that culminated in wave 1 at 3452.50 on June 16, 2025. This five-swing structure, characteristic of an impulsive Elliott Wave pattern, signals potential for further upside. The subsequent pullback in wave 2 appears to…
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Binance Keeps Remote Staff in Singapore Despite Crypto Licensing Crackdown: Report
Binance reportedly plans to retain hundreds of remote workers in Singapore, even as the city-state moves to tighten rules on digital-asset firms offering services overseas without a license. The Monetary Authority of Singapore (MAS) has given crypto firms incorporated locally but targeting offshore markets until June 30 to either secure a license or halt operations….
Peter Thiel, Tech Billionaires Back New Bank for Start-ups, Erebor, After SVB Collapse: Report
Peter Thiel has joined a group of prominent tech billionaires backing a new US bank called Erebor, aimed at replacing the role once filled by Silicon Valley Bank, whose collapse in 2023 left a vacuum in financing for start-ups and crypto firms. The proposed bank is the brainchild of Palmer Luckey, founder of defence contractor…
Senator Cynthia Lummis Slams Jeff Merkley’s Proposed Crypto Amendment
Senator Cynthia Lummis (R-WY) slammed an amendment proposed by fellow Senator Jeff Merkley (D-OR) on June 30 that would ban elected officials from offering or promoting digital assets. Senator Cynthia Lummis Airs Crypto Amendment Concerns Speaking on Capitol Hill on Monday, Lummis claimed that Merkley’s proposed amendment “goes too far” when it comes to legislating…
SEC Issues New Crypto ETF Guidance — Here’s What Issuers Must Disclose
The US SEC is moving to streamline how token-based exchange-traded products are brought to market, offering clearer guidance for issuers navigating a space long marked by regulatory ambiguity. In a notice published on July 1, the SEC’s Division of Corporation Finance outlined what crypto ETF issuers must include in their filings. The guidance covers everything…
Underground Crypto Mining Farm Raided in St. Petersburg as ‘Crypto Trading Scam’ Sweeps Russia
Russian police have shut down an illegal crypto mining farm operating in an industrial zone in St. Petersburg, as the internal affairs ministry has warned of a new crypto trading-themed scam. Per the media outlet RBC, officers in Russia’s second city confiscated an undisclosed number of crypto mining rigs from a warehouse in the zone,…
China’s DeepSeek AI Predicts the Price of XRP, Solana and Bitcoin Cash
China’s advanced AI platform, DeepSeek, predicts that top-performing altcoins may maintain their upward trajectory into the latter half of 2025, following a period of robust market activity. Bitcoin’s surge to an unprecedented $111,814 on May 22 reignited bullish sentiment among crypto traders. Currently hovering near $106,000—only about 5% below its record—many analysts remain confident that…
ChatGPT o3’s 42-Signal AI XRP Price Forecast Reveals Key Resistance Test Amid Major Legal Victory and ETF Development
ChatGPT o3’s AI model processed 42 live indicators and came up with an XRP price forecast as Ripple surges with momentum from its legal victory, testing key resistance at $2.2073. Meanwhile, Bloomberg analysts upgrade ETF approval odds to 95% and institutional demand reaches 17-day sentiment highs following the SEC’s resolution of its legal battle. Ripple…
Dogecoin Price Prediction – Bearish Price Action Could Set Stage for Massive Breakout to $0.65
The Dogecoin price has dipped slightly in the past 24 hours to $0.161, but technical signals hint at a major breakout brewing beneath the surface. Despite a 15% drop over the past month and what appears to be a bear flag, DOGE is approaching the end of a long-term wedge pattern—one that historically precedes explosive…
Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote
New York Attorney General Letitia James has raised serious concerns over the recently passed GENIUS Act, warning Congress that the bill, in its current form, could leave investors and the U.S. financial system vulnerable. In a letter sent Monday to congressional leaders, James urged lawmakers to slow down the legislative process and implement stronger guardrails…