XRP Drops to Its Lowest Level Since April: Three Sources Tell Different Stories

XRP’s price recovery from $1.2779 to $1.5490 in April and May is now reversing. A Fibonacci grid shows this decline clearly. The price initially moved above $1.4850, but then fell below several key levels. It briefly stabilized between $1.4454 and $1.4850, then around $1.4194, but ultimately continued to fall. After failing to hold these levels, the price recently dropped below $1.3884 and then $1.3335, finally breaking through a key support level today.

Gambling Giants Slip on Legal Banana Peel: Kalshi & Polymarket Lose Big

A trio of Ninth Circuit judges-Nelson, Bade, and Lee (all Trump appointees, mind you)-sent these cases packing back to state courts faster than a Vegas buffet line. Their verdict? The Commodity Exchange Act isn’t the magic wand Kalshi and Polymarket hoped it would be. “Affirmative defense,” they said. “Not a federal jurisdiction ticket,” they added, probably while sipping coffee.

Harbor Capital Launches AI Lab ETFs: Bet on Anthropic, OpenAI, xAI & More!

Harbor Capital has submitted paperwork for five new ETFs that actively invest in companies connected to leading artificial intelligence research labs – Anthropic, Google DeepMind, Meta, OpenAI, and xAI (SpaceX AI). This is one of the first efforts to create publicly traded funds focused on specific AI labs and the companies within their ecosystems.

Cardano Blockchain Reaches New Major Milestone Amid ADA Market Turmoil

Cardano is facing a governance challenge because a large majority of ADA holders (81% of active stake) are voting against a proposal to provide $32.9 million in funding for Input Output Global’s research team. The main reason for this opposition, led by Japanese representatives who manage ADA on behalf of others, is that they believe the proposal doesn’t have clear, measurable goals and a way to track progress.

The Crypto Messiah or Just Another Bureaucrat? Warsh’s Fed Reign Begins

The ceremony, a charade of pomp and circumstance, took place at the White House, a stage last graced by a Fed chair in the bygone era of Alan Greenspan. President Donald Trump, with his characteristic flair for the dramatic, officiated the ritual, as if bestowing upon Warsh the keys to a kingdom teetering on the edge of chaos. Jerome Powell, the erstwhile guardian of monetary policy, was cast aside like a forgotten relic, his term expiring with the quiet finality of a closing bell.

MoonPay’s Hyperliquid Hijinks: Stablecoins, Sarcasm, and a Sprinkle of Solana

MoonPay, that self-proclaimed crypto payment network, has deigned to announce the immediate availability of USDH and USDC stablecoins on Hypercore, the blockchain infrastructure of Hyperliquid. This integration, powered by their Gateway technology, allows users to leap from the mundane world of fiat currencies directly into the dizzying heights of Hyperliquid’s ecosystem. How quaint.