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🇬🇧 Ripple Urges UK to Lead Global Stablecoin Adoption — Will London Answer the Call? Ripple thinks the UK has a huge chance to become a “world leader in digital assets”. Only a regulatory system that promotes innovation and inclusivity can accomplish this. According to a Wednesday blog post, Ripple asked the UK government to emphasize clear legal frameworks, particularly for institutional cryptocurrencies, during the London Policy Summit earlier this year. Stablecoin legislation should be expedited by the government to facilitate international cooperation. Ripple applauded the UK's move to allow foreign-issued stablecoins, establishing it as a financial center. The business said the UK Government and authorities are working toward tokenization norms, which may “transform the financial markets of the future.” Ripple noted that the UK's regulatory structure must develop to capitalize on this potential and consolidate its position as a global finance leader as more stablecoin use cases are established and tokenised financial assets gain popularity in conventional finance. The Guidance and Establishing Innovation for US Stablecoins (GENIUS) bill is moving from the US Senate to the House, prompting calls for the UK to speed up digital asset laws. XRP is trading flat between the 200-day Exponential Moving Average (EMA) at $2.09 and a resistance confluence at $2.24, where the 50- and 100-day EMAs combine. As the RSI falls below the midline, it has maintained a negative bias since its mid-May high in overbought zone. At the 200-day EMA support ($2.09), liquidity may reverse the trend. However, traders cannot rule out a sustained slide below the next support level around $1.80, touched in early April. As illustrated in the chart above, XRP would approach the declining trendline resistance if it recovered above confluence barrier at $2.24. A break over this trendline might boost XRP interest to $2.65, a June barrier, and $3.00, a March resistance. #xrp #PowellRemarks #FOMCMeeting $XRP

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What is the WalletConnect Token (WCT)? What You Need to Know

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🐹 $HMSTR /USDT (4H) — "Dead Hamster Bounce" or Base Forming? Price: $0.000833 Timeframe: 4H Change: +1.59% 📉 Technical Overview: MA 7: $0.000805 MA 25: $0.000850 MA 99: $0.001396 Trend Summary: Still in a brutal downtrend with lower highs and lower lows. Short-term MA 7 just kissed MA 25 from below, hinting at a potential micro-recovery, but the structure remains wrecked. 📉 What Just Happened? Massive selloff post-hype – the classic post-launch dump. Price has been grinding sideways for several days with decreasing volume — a textbook “capitulation + silence” phase. Now flirting with a mini bounce… but no clear sign of strong buying yet. 🔍 Key Levels: IndicatorValueNoteLocal Support$0.000790Short-term base zoneResistance 1$0.000900MA 25 testResistance 2$0.001400MA 99 (death cloud) 🚨 Risk vs Reward: Upside potential: If it closes convincingly above $0.000900, short-term scalps become viable. Downside risk: Still very high — if $0.000800 fails, expect a crawl into uncharted territory (or zero). This chart screams “wait for confirmation.” It’s either about to build a bottom or simply pausing before another leg down. ⚡ Final Take: Bounce Bias: Weak Trend Bias: Still bearish Strategy: Watch for volume surge + MA 25 flip, but don’t jump in blind — no FOMO in hamster land. ⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets are unforgiving — always trade with tight risk control! @Hamster Kombat

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📉 $WCT /USDT (1D) — Bleeding Slowly Into Oblivion? Price: $0.3450 Timeframe: 1D Change: -1.34% 📊 Technical Breakdown: MA 7: $0.3682 (current price below short-term trendline — bearish) MA 25: $0.5388 (price collapsed far beneath mid-term momentum) MA 99: Not available yet due to young listing 🧠 What’s Happening? WCT had a parabolic run-up, printing a wicked top above $1.50, but since then, it's been nothing short of a rug-style decline. Now it’s stuck under major moving averages and bleeding out in silence. The current price is hovering at pre-pump levels, meaning all short-term hype has fully cooled off. No bounce. No base. Just gravity. ⚠️ Caution Signs: No clear support holding — price is drifting without meaningful consolidation. MA 7 & MA 25 are trending steeply downward, indicating no buyers stepping in. Risk of falling into the $0.28–$0.30 range next unless a reversal candle emerges soon. 🔍 What to Watch: SignalObservationVolumeLikely dried upSupport Zone$0.30 (psych level)Bounce ConfirmationDaily close > $0.38Bear Trap RiskPossible, but weak 🔮 Outlook: Short-term: Pain train unless a surprise wick or news breaks. Mid-term: Needs major reclaim of $0.40+ to regain trust. Bottom line: Right now it's a falling knife — catching it without confirmation is not trading, it's gambling. ⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be brutal — protect your capital, always trade with discipline! @WalletConnect

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🔻 PI Token Slips Below $0.50 — Is the Hype Finally Fading? Pi core team wallet outflows raise supply shock risk. Growing CEX wallet balances imply a reserve increase, fuelling supply dump worries. The Pi Network has fallen for five days, with signs indicating negative momentum. Pi Network (PI) is down 1% at press time on Thursday, threatening a dip below $0.50. Pi Network may drop below $0.50 in June for three reasons if the negative trend continues. Reasons PI token fell below $0.50 The PI token has dropped more than 10% this week, and the technical picture, together with increased withdrawals from the Pi core team and a jump in supply via Centralized Exchanges (CEX) wallets, suggests a supply wave. PiScan data reveals a 24-hour net outflow of -7,883,194.18 Pi tokens from the Pi Foundation 2 wallet. As Pi Foundation wallets sell, supply dumps weaken market demand, lowering prices. Additionally, the Pi Foundation 4 wallet funded the three biggest Pi transactions in the preceding 24 hours. Over four years ago, GCVMPI...6B3Q6N, GBE27J...XHPQOV, and GDIRKJ...LRZTKQ earned 2,000,001 PI tokens. On Thursday, the wallets moved 1.58 million, 1.53 million, and 1.43 million PI in sync, suggesting a strategic money movement or over-the-counter trade. In any instance, supply entering the spot market after four years would lower trust. PiScan data shows CEX wallet balances rising significantly, suggesting retail or whale investors may sell. MEXC and Gate.io had 345K and 431K PI net flows, while Pionex wallets expanded by 22K. The five transactions netted 4.91 million PI. The decline has broken $0.5524 support, the April 29 low, as PI battles to maintain above $0.5223, the weekly low. Pi Network may correct to $0.5090 on April 4 if it closes below the weekly low. The final line of defense is $0.4000, tested twice on April 5 and June 13. Pi Network must avoid a sharper weekly low and print a bullish candle to mitigate bearish risk. A decisive close above $0.6000 might restart the rise and aim $0.6600, the monthly high. #pi #PiCoreTeam #PiNetwork

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