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XRP price started a downside correction below the $1.1840 zone. The price is now showing bearish signs and might decline further below $1.10. XRP price started a downside correction after it failed to stay above the $1.1750 zone. The price is now trading below $1.150 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1.1620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.150. XRP Price Dips Once Again XRP price struggled to stay above $1.1620 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.160 and $1.1550 levels. There was a break below a bullish trend line with support at $1.1620 on the hourly chart o...

Exchange-traded fund (ETF) issuer ProShares has announced plans to launch the Ultra SpaceX ETF (SPCF) on June 12. The product targets 2x the daily returns of SpaceX. The launch will coincide with the largest initial public offering (IPO) in history.  ProShares Bets on SpaceX With Planned Leveraged Single-Stock ETF The firm offers more than 115
The post ProShares Plans 2x SpaceX ETF Launch on Day of Record IPO appeared first on BeInCrypto.

India's freeze on Starlink highlights the geopolitical risks for satellite services, emphasizing the need for robust regulatory compliance.
The post India freezes approvals for Starlink’s commercial operations amid Iran war concerns appeared first on Crypto Briefing.

Iran's missile targeting of a US base in Jordan escalates regional tensions, prompting debates on the risks of hosting foreign military forces.
The post Jordan intercepts five missiles launched by Iran targeting US base appeared first on Crypto Briefing.

SpaceX's ambitious satellite constellation could revolutionize AI computing but faces significant technical and logistical challenges in space.
The post SpaceX pushes orbital AI computing tests to late 2027, files for 1 million satellite constellation appeared first on Crypto Briefing.

The ongoing air campaign against Iran's defenses suggests a strategic focus on military assets, minimizing immediate regime destabilization.
The post US launches second wave targeting Iran’s air defense systems appeared first on Crypto Briefing.

The court's decision alleviates financial burdens on tech firms, potentially boosting foreign talent recruitment and innovation in the US.
The post Court strikes down $100K fee for new H-1B visa applications appeared first on Crypto Briefing.

The ongoing airstrikes in Iran could destabilize regional geopolitics, potentially leading to leadership changes and impacting global markets.
The post Third wave of US airstrikes underway in Iran: Axios appeared first on Crypto Briefing.

CME's new futures product enhances institutional crypto access, potentially boosting market legitimacy and attracting cautious investors.
The post CME Group launches Nasdaq CME Crypto Index Futures covering Bitcoin, Ethereum, Solana, and four more tokens appeared first on Crypto Briefing.

Escalating tensions may disrupt global trade routes and increase military engagement risks, impacting geopolitical stability and market dynamics.
The post US forces complete strikes on Iranian targets near Strait of Hormuz appeared first on Crypto Briefing.