Crypto World
4 Things That May Impact Crypto Markets in Week Ahead
A busy week lies ahead on the United States economic calendar as markets continue to digest the fallout from the US-Israeli strikes on Iran over the weekend.
Volatility will be abundant this week as US stock futures open and react to the weekend’s violence in the Middle East. Crypto markets remained relatively flat on Sunday, but have started their usual Monday morning retreat.
US President Donald Trump provided details on “Operation Epic Fury” on Sunday, stating that the US will “avenge” the deaths of Americans, there will be more US casualties, military operations will continue until “objectives are achieved,” and claimed the entire Iranian military command is “gone.”
It is not World War III, said the Kobeissi letter, pointing to oil prices, which have already erased nearly half of their opening gap higher, and US stock market futures, which are down marginally while gold prices are up again. “Don’t panic. The dust will settle,” they said.
Economic Events March 2 to 6
This week sees the release of a lot of labor market reports, which the Federal Reserve looks at to make its monetary policy decisions. The first major report of the week is February’s ISM Manufacturing PMI data, released on Monday, providing insight into the state of the manufacturing sector.
The tranche of employment data begins on Wednesday with the February ADP Employment report, followed by Initial Jobless Claims on Thursday, and the February Jobs Report on Friday, which will also include the January Retail Sales data.
Friday’s jobs report comes after surprisingly strong job gains in January, potentially signaling positive developments in the labor market. The report is expected to show an increase of 60,000 jobs, according to a Reuters poll.
“We saw a good January jobs report, but we also have seen a really weak 2025 for the job market, and so the question becomes, where do we go from here?” Kristina Hooper, chief market strategist at Man Group, told the outlet.
Key Events This Week:
1. US Futures React to Iran Situation – TODAY 6 PM ET
2. February ISM Manufacturing PMI data – Monday
3. February ADP Employment data – Wednesday
4. Initial Jobless Claims data – Thursday
5. January Retail Sales data – Friday
6. February Jobs Report -…
— The Kobeissi Letter (@KobeissiLetter) March 1, 2026
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Crypto Market Outlook
Crypto markets are back in the red today following a positive Sunday. Total cap has dropped back to $2.35 trillion, erasing weekend gains.
Bitcoin was rejected at $67,000 three times over the past 24 hours and has fallen back to $66,300 during the Monday morning Asian trading session. It has been trading sideways for the past three weeks, however.
Ether prices could not hold above $2,000 and have retreated to $1,950 at the time of writing. The altcoins are mostly in the red with larger losses for XRP, Solana, Cardano, Canton, and Stellar.
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Crypto World
X Reverses Cryptocurrency Advertising Ban with New Disclosure Rules
Key Takeaways
- Platform reverses prohibition on compensated cryptocurrency advertising
- Mandatory disclosure labels required for all paid crypto content
- Geographic restrictions apply based on local regulatory requirements
- New transparency framework balances monetization with compliance
- Policy shift enables creator earnings while maintaining oversight
The social media platform X has reversed its prohibition on paid cryptocurrency and gambling advertisements, creating new opportunities for content creators and marketing partners. The platform now permits compensated digital asset content through a structured disclosure program. Mandatory labeling requirements and location-based restrictions form the compliance foundation.
Disclosure System Governs Cryptocurrency Marketing on Platform
Cryptocurrency and related financial instruments have been removed from X’s restricted categories for paid partnerships. This policy modification reverses limitations that existed since mid-2024. Content creators now have authorization to earn revenue from digital asset promotions.
The company established a Paid Partnership designation to regulate compensated promotional activities. All creators must transparently identify financial arrangements when endorsing cryptocurrency offerings. Adherence to relevant advertising standards and consumer protection regulations is mandatory.
X makes clear distinctions between Paid Partnership content and traditional advertising products. As a result, certain material prohibited under partnership guidelines may qualify through alternative X Ads channels. This framework enables the platform to maintain disclosure standards while facilitating revenue generation.
Geographic Boundaries Define Promotion Accessibility
Despite removing the worldwide prohibition, specific territories continue restricting crypto promotions. Nations including the United Kingdom, European Union member states, and Australia enforce rigorous financial advertising regulations. X mandates that creators block paid cryptocurrency material from these jurisdictions.
Content creators hold direct responsibility for geographic compliance under the revised guidelines. X anticipates users will comprehend regional financial marketing requirements prior to posting compensated material. This framework assigns accountability to individual influencers and commercial collaborators.
X maintains prohibitions on numerous industry categories for paid partnerships. The restricted list continues blocking adult services, alcoholic beverages, relationship platforms, controlled substances, tobacco products, and weaponry. Commercial advertising related to political or social causes also remains forbidden.
Market Response and Platform Development Direction
The crypto community has demonstrated varied responses to the policy transformation. Certain participants celebrated restored monetization capabilities following extended restrictions. Alternative voices cautioned that enforcement complexities might generate ambiguity regarding unpaid token recommendations.
Industry observers suggest enhanced labeling standards could transform influencer marketing approaches on X. They predict informal promotional tactics may diminish under heightened disclosure requirements. Nevertheless, marketing organizations now possess a structured framework for regulation-compliant cryptocurrency initiatives.
This policy transformation corresponds with additional platform innovations currently developing at X. Platform owner Elon Musk recently validated intentions to deploy X Money in restricted beta testing soon. Furthermore, X intends to introduce Smart Cashtags functionality enabling direct equity and cryptocurrency transactions.
X has historically functioned as a primary gathering space for cryptocurrency enterprises and enthusiasts. Consequently, the policy reversal reestablishes a recognized marketing avenue while incorporating regulatory safeguards. These modifications demonstrate X’s effort to harmonize regulatory obligations with viable creator compensation models.
Crypto World
Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain
Hong Kong is doubling down on its role as China’s financial bridge, signing a new agreement with Shanghai authorities to build cross-border blockchain rails for cargo trade and trade finance.
The memorandum of understanding between the Hong Kong Monetary Authority, the Shanghai Data Bureau, and the National Technology Innovation Center for Blockchain, announced Monday afternoon in Hong Kong, formalizes plans to develop a shared digital platform linking trade data, electronic bills of lading, and financing systems.
The MoU signals growing adoption of bitcoin in real-world plumbing, targeting $1.5 trillion in annual cargo finance where paper work and jams still cost a lot in delays in fraud.
By plugging mainland cargo data into Hong Kong’s international-facing infrastructure, officials aim to reduce friction in cross-border trade while reinforcing the city’s status as the primary conduit between China and global capital markets.
Under the agreement, the parties will study the creation of a cross-border platform under the HKMA’s Project Ensemble framework. The initiative will explore the use of electronic bills of lading and blockchain-based documentation to streamline trade finance, while connecting with Hong Kong’s Commercial Data Interchange and CargoX to facilitate secure data sharing.
For Hong Kong, the move extends its digital asset strategy beyond tokenized green bonds and into the real economy. Instead of focusing solely on sovereign issuance or crypto markets, regulators are targeting the operational bottlenecks in cargo finance, where paper documents, fragmented data, and manual verification continue to slow credit decisions.
If successful, the platform could embed Hong Kong deeper into mainland supply chains while offering international investors and banks a compliant gateway to Chinese trade data. In doing so, the city is attempting to turn blockchain from a pilot project into core cross-border financial infrastructure.
Crypto World
AWS Data Centers in UAE Disrupted After Strikes Amid Rising Gulf Conflict
Key Takeaways
- Unidentified objects impacted AWS facilities in the UAE on Sunday, triggering fires and service disruptions
- Emergency services cut power to affected zones; a secondary UAE location experienced additional electrical issues
- Bahrain-based AWS infrastructure also experiencing power supply and network connectivity challenges
- Timing aligns with Iranian military response throughout the Gulf region, though AWS hasn’t established direct causation
- Customers advised to migrate workloads to alternative regions while restoration efforts continue over several hours
Amazon’s cloud computing division experienced significant service interruptions following an incident where unknown projectiles hit its United Arab Emirates facility on Sunday, resulting in fire damage and electrical system failures.
The disruption began approximately 4:30 p.m. local time in Dubai. Emergency response teams disabled the facility’s electrical infrastructure to control the resulting flames.
According to AWS’s official service health dashboard, “objects struck the data center, creating sparks and fire” at one of its UAE-based availability zones.
Subsequently, another UAE availability zone encountered what the company characterized as a “localized power issue,” further extending the scope of regional service degradation.
The cloud infrastructure provider additionally documented electrical and network connectivity complications affecting one of its Bahrain deployment zones.
The company instructed affected customers to redirect their operations to infrastructure located in unaffected geographic regions during remediation. AWS projected that full restoration would require “multiple hours away.”
These technical failures occurred simultaneously with Iranian military operations targeting the UAE, part of a coordinated retaliatory campaign spanning the Middle East following joint US and Israeli strikes that resulted in the deaths of Supreme Leader Ayatollah Ali Khamenei and additional high-ranking Iranian leadership.
Tehran’s response encompassed multiple territories, with projectile and unmanned aerial vehicle assaults documented against American military installations and allied nations including the UAE, Qatar, Kuwait, and Saudi Arabia.
AWS has neither acknowledged nor dismissed any direct correlation between the facility damage and Iranian military actions. Company representatives provided no statement when approached for comment.
Impact on UAE-Based AWS Clients
Prominent AWS enterprise customers operating in the UAE include Al Ghurair Investment LLC and Dubai Islamic Bank.
The cloud provider maintains 123 availability zones distributed across 39 geographic regions worldwide, establishing extensive infrastructure redundancy — though regional concentration still created vulnerability in this scenario.
Ongoing Restoration Efforts
AWS initially communicated progress toward service restoration early Monday but subsequently revised its status, continuing to direct users toward alternative regional infrastructure.
As of Monday morning in Dubai, both affected UAE availability zones along with the single Bahrain zone continued experiencing service degradation.
Shares of Amazon (AMZN) traded up 1.00% at the most recent market check.
Crypto World
Riot, Core earnings, U.S. jobs report: Crypto Week Ahead
Earnings reports are still rolling in. This week Riot Platforms, the fourth-largest bitcoin miner by market cap, is due to report, as is Core Scientific, the No. 6.
Like many of their peers, the two are using their experience running large data centers and negotiating power-supply deals to expand into AI. Core, whose proposed $9 billion purchase by CoreWeave (CRWV) failed in October, barely mentions digital asset mining on its homepage. It will be interesting to see how much of its business still comes from that source.
Also due this week is the U.S. jobs report for February. The world’s largest economy is forecast to have added 60,000 nonfarm positions last month, according to the consensus estimate on Trading Economics.
Traders will also be monitoring the war in the Middle East, which has seen the U.S. and Israel strike Iran in what President Donald Trump called “major combat operations” targeting the country’s missile, naval and nuclear infrastructure.
Iran has retaliated with attacks on various countries in the region that host U.S. military bases. The conflict has been escalating with Iran-backed militias joining in. Trump has said it’s expected to last “four to five weeks,” so an earlier-than-expected truce could bring risk appetite back.
What to Watch
(All times ET)
- Crypto
- March 2: SuperRare to release Delirium, a new collection by artist Xer0x
- March 2: Mantra’s OM token to change to MANTRA with a 1:4 coin split as the Mantra chain upgrades from v6 to v7.
- March 3: SolCex mobile app to debut on Google Play and Apple’s App Store.
- March 4: Qubic begins testing parallel dogecoin mining and AI training
- Macro
- March 2, 10:00 a.m.: U.S. ISM manufacturing PMI for February est. 52.3 (Prev. 52.6)
- March 3, 5:00 a.m.: Eurozone inflation rate YoY flash for February (Prev. 1.7%); Core YoY (Prev. 2.2%)
- March 3, 7:30 p.m.: Australia GDP growth rate QoQ for Q4 (Prev. 0.4%)
- March 3, 8:30 p.m.: China NBS manufacturing PMI for February (Prev. 49.3)
- March 4, 8:15 a.m.: U.S. ADP employment change for February (Prev. 22K)
- March 4, 10:00 a.m.: U.S. ISM services PMI for February (Prev. 53.8)
- March 4, 2:00 p.m.: U.S. Fed Beige Book
- March 5, 8:30 a.m.: U.S. initial jobless claims for week ending Feb. 28 (Prev. 212K)
- March 5, 8:30 a.m.: U.S. nonfarm productivity QoQ prel for Q4 (Prev. 4.9%)
- March 5, 4:30 p.m.: U.S. Fed balance sheet update for period ending March 4
- March 6, 8:30 a.m.: U.S. nonfarm payrolls for February Est. 60K (Prev. 130K)
- March 6, 8:30 a.m.: U.S. unemployment rate for February (Prev. 4.3%)
- March 6, 8:30 a.m.: U.S. average hourly earnings MoM for February (Prev. 0.4%)
- March 6, 8:30 a.m.: U.S. retail sales control group MoM for January (Prev. 0.0%)
- March 8, 8:30 p.m.: China inflation rate YoY for February (Prev. 0.2%)
- Earnings (Estimates based on FactSet data)
- March 2: Riot Platforms (RIOT), post-market, -$0.32
- March 2: Core Scientific (CORZ), post-market, -$0.18
- March 6: Metalpha (MATH), pre-market
- March 9: Sharplink (SBET), pre-market, $0.31
- March 11: Exodus Movement (EXOD), pre-market, $0.14
Token Events
- Governance votes & calls
- PoolTogether DAO is voting to manually resubmit and execute the remaining actions for the PTBR-35 governance shutdown after a previous execution error. Voting ends March 2.
- Angle DAO is voting on an orderly wind-down of the EURA and USDA stablecoins, providing users a one-year 1:1 redemption period followed by a final settlement airdrop. Voting ends March 2.
- GMX DAO is voting to transition to a defined leadership model by hiring a CEO with performance-tied compensation and forming an interim leadership committee to guide the restructuring. Voting ends March 2.
- ShapeShift DAO is voting to appoint PTT as the Tokenomics Workstream Leader for a six-month term, compensated entirely in FOX tokens to eliminate stablecoin costs. Voting ends March 3.
- Decentraland DAO is voting to explore the automatic execution of approved proposals and soft term limits for signer keys while maintaining emergency oversight. Voting ends March 3.
- Uniswap DAO is voting across two linked proposals to expand v2 and v3 protocol fees to eight layer-2 networks and enable a new tier-based fee system across all v3 pools. Voting ends March 4 and 5.
- ENS DAO is voting to replace three DNSSEC oracle algorithms to patch a critical RSA signature forgery vulnerability and significantly reduce gas costs. Voting ends March 4.
- Gnosis DAO is voting to provide a grant to fund the continued support, infrastructure and maintenance of the Revoke.cash security platform. Voting ends March 5.
- Unlocks
- March 5: Ethena (ENA) to unlock 2.24% of its circulating supply worth $18.35 million.
- March 6: Hyperliquid (HYPE) to unlock 2.72% of its circulating supply worth around $288.77 million.
- Token Launches
- March 8 or earlier: Chiliz (CHZ) to deploy revenue from the protocol to buyback and burn CHZ tokens.
- March 8 or earlier: WhiteBit Token (WBT) to be listed on Kraken.
Conferences
Crypto World
XRP price prediction as XRP futures trading rises
The XRP market is undergoing a structural shift as trading dynamics move from spot accumulation to a derivatives-led environment.
Summary
- XRP is shifting from spot-driven accumulation to a speculative, futures-led market, signaling an impending “volatility squeeze” as leveraged traders position for a major move.
- The price remains trapped below the 50-day SMA ($1.63) with a neutral-to-bearish RSI of 39, indicating a lack of buying pressure despite the surge in trading activity.
- Traders are eyeing $1.20 as the “must-hold” support floor, while a breakout above the $1.50–$1.80 resistance range is required to confirm a bullish reversal.
Recent Coinglass data reveals a significant uptick in XRP futures volume relative to spot trading, signaling that speculative interest is once again a primary price driver. This surge in futures activity typically precedes a “volatility squeeze,” where the price breaks sharply as leveraged positions are either rewarded or liquidated.

For the Ripple token (XRP), this suggests the market is no longer in a state of passive holding but is bracing for a decisive move.
This futures-dominated landscape makes the price more susceptible to rapid squeezes; while it provides the liquidity needed to break overhead resistance, it also warns that any downside could be exacerbated by a cascade of liquidations.
XRP price navigates critical support
Technically, XRP is navigating a precarious path, currently trading near $1.35 as of March 2026. The price action remains pinned below the 50-day Simple Moving Average (SMA) at $1.63, which acts as a formidable dynamic resistance.

Until XRP secures a daily close above this level, the medium-term bias remains bearish. Recent candlestick patterns show a string of small-bodied “doji” candles, reflecting market indecision despite the rising futures turnover.
The Relative Strength Index (RSI) currently hovers around 39, placing the asset in a neutral-to-bearish zone that lacks the immediate buying pressure required for a reversal.
Immediate support is firmly established at the $1.20 mark, a level that has historically served as a psychological safety net. Should XRP fail to hold $1.20, a deeper retracement toward $1.00 becomes a distinct possibility.
Conversely, the first major hurdle for a bullish recovery sits at $1.50, followed by a high-volume resistance zone at $1.80.
Crypto World
Aave Proposal Clears First Hurdle After Split Vote
Aave’s “Aave Will Win” framework has passed its Temp Check vote, clearing the first formal stage of the protocol’s governance process.
On Sunday, the off-chain Snapshot vote closed with 52.58% voting in favor, 42% against and 5.42% abstaining. The result advances the measure to the Aave Request for Final Comment (ARFC) stage, where terms may be revised before any binding on-chain vote.
The framework asks tokenholders to approve up to $42.5 million in stablecoins and 75,000 Aave (AAVE) tokens for Aave Labs. In return, the organization would route 100% of revenue from Aave-branded products to the Aave DAO treasury under a DAO-funded operating model.
The narrow margin highlights a divided governance base as the protocol considers structural changes to its funding, revenue alignment and long-term development.

The ARFC stage will determine whether concerns raised during the debate will translate into revisions before a formal Aave Improvement Proposal is submitted on-chain.
Split vote reflects ongoing governance tensions
Aave founder Stani Kulechov said in a post on X that the Temp Check brings the protocol closer to a “fully token-centric model,” adding that structural improvements will be incorporated at the ARFC stage based on community feedback.

Critics previously questioned the size of the funding package and the inclusion of 75,000 AAVE tokens, which carry voting power.
Others called for clearer definitions and stronger disclosure standards around governance holdings.
Related: Grvt integrates Aave so traders can earn yield on perp collateral
On Feb. 25, competing reports from Aave Chan Initiative (ACI) founder Marc Zeller and Aave Labs offered contrasting interpretations of past funding and value creation ahead of the vote.
The ACI published a transparency report reviewing Aave Labs’ historical funding, while Aave Labs outlined its role in building the protocol since 2017.
What happens next in Aave governance process?
Under Aave’s governance framework, proposals typically move from Temp Check to ARFC before advancing to an on-chain Aave Improvement Proposal (AIP) vote. Only AIPs executed on-chain are binding.
If the proposal advances beyond ARFC, tokenholders will vote on whether to formalize the DAO-funded model and ratify Aave V4 as the long-term technical foundation.
The outcome could reshape how the Aave ecosystem structures development, revenue and brand stewardship.
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Crypto World
This Altcoin Is Up 7.5x While the Crypto Market Slips
The crypto market is under renewed pressure, with the total market capitalization slipping nearly 1% over the past 24 hours and all top 10 assets posting losses.
Nonetheless, select altcoins are breaking away from the trend. Venice Token (VVV) stands out as the strongest performer among the top 300 cryptocurrencies.
VVV Token Jumps 20% Despite Market Slump
Venice AI is a privacy-focused, permissionless platform that provides uncensored access to open-source AI models for text, image, video, and code generation. It was founded by Erik Voorhees, the former CEO of ShapeShift.
The Venice Token (VVV) is the native token of the Venice AI ecosystem. It was launched in January 2025. The altcoin’s primary utility is staking.
Users stake VVV to receive yield or mint DIEM. Each DIEM provides $1 of daily API access in perpetuity.
According to data from BeInCrypto Markets, VVV surged over 20% today, reaching an intraday high of $6.78. This marked its highest price since February 2025.
At the time of writing, the token was trading at $6.57. Furthermore, VVV has ranked as the largest gainer among the top 300 cryptocurrencies by market cap, according to CoinGecko.
Follow us on X to get the latest news as it happens
Monday’s surge is not an isolated move but part of a broader uptrend. In a recent post, CoinGecko noted that VVV has delivered 7.5x growth over the past three months. Its market cap has climbed above $290.7 million amid the ongoing rally.
Why is Venice Token (VVV) Surging?
A key question that arises is what is driving the rally. CoinGecko highlighted two primary catalysts behind the surge. First, the platform reduced its annual token emissions from February 10, lowering them from 8 million VVV to 6 million VVV.
This 25% cut in new token issuance tightens supply dynamics. With fewer tokens entering circulation, potential sell pressure from emissions declines, strengthening the token’s scarcity profile. Second, VVV’s integration across several platforms has boosted its exposure and utility.
“Here’s why it pumped: Venice cut annual emissions to 6M VVV/year, improving scarcity. VVV was integrated across several DeFi platforms as utility: → Aerodrome: Liquidity → Morpho: Collateral → Plena: Gasless swaps,” the post read.
In addition, the platform is experiencing rising demand. Venice AI has 2 million registered users, signaling steady ecosystem growth. Moreover, the number of API users has also increased.
LunarCrush data shows high social engagement with VVV. Engagement was 255% above the daily average, and social dominance jumped 424% from last week. The token earned an AltRank of 8 among all cryptocurrencies, reflecting strong performance and interest.
“The thesis that keeps circulating: private uncensored AI inference where compute demand drives staking, staking reduces circulating supply, and tightening supply creates reflexive upward pressure. The $DIEM token launch deepened this – 7.56M VVV already locked as collateral, roughly 17% of circulating supply,” LunarCrush added.
VVV still remains 70% below its all-time high. Whether the current rally, built on supply contraction and user growth, can sustain itself through a softer broader market remains to be seen.
Crypto World
Kyber Network Crystal cryptocurrency up over 23%: here’s why the KNC price is rising
- Kyber Network Crystal (KNC) has surged on a 900% volume spike.
- Recent Kyber product upgrades have improved market sentiment.
- Traders should closely watch the support at $0.148 support and the resistance at $0.175.
Kyber Network Crystal (KNC) has jumped by nearly 24% to trade around the $0.16 level at press time.

This move stands out in a market that has otherwise struggled for direction.
While many large-cap cryptocurrencies, including Bitcoin (BTC), posted losses, KNC moved higher with strong conviction, and the rally has drawn attention from traders who are now asking what is really driving the price higher.
Heavy trading activity fueling KNC’s price rally
One of the clearest drivers behind the surge is a dramatic increase in trading activity.
KNC’s 24-hour trading volume has exploded by more than 900%, pushing turnover to levels rarely seen in recent months.
Such a sharp rise in volume often signals aggressive short-term participation from traders looking to capitalise on momentum.
This also explains why the price moved largely independently of BTC, which has declined over the same period.
When volume expands this quickly, even modest buying pressure can translate into outsized price moves, and that appears to be exactly what happened with KNC.
Product updates add to positive sentiment
Although no single announcement directly triggered today’s price spike, Kyber Network has been quietly rolling out updates that have helped improve sentiment around the project.
Kyber Network recently highlighted expanded cross-chain functionality on its flagship product, KyberSwap.
As a result, users can now swap assets across 25 different blockchains using liquidity from eight providers in a single transaction.
This kind of convenience strengthens Kyber’s position in an increasingly competitive DeFi landscape.
The team has also introduced a new feature called Smart Exit on Kyber Earn.
Smart Exit allows liquidity providers to automate how and when they exit positions.
Instead of constantly monitoring charts, users can set predefined conditions for profit-taking, risk management, or time-based exits.
The feature is already live on Base and BNB Chain, with more networks expected to follow.
In parallel, Kyber has continued to form new ecosystem partnerships.
A recent integration with Vaultedge brought the USDVE asset onto KyberSwap, unlocking deeper liquidity and improved routing.
Another upcoming integration with Supernova is expected to further expand Kyber’s liquidity reach.
While these updates did not directly cause today’s spike, they help explain why traders are willing to speculate on upside.
Kyber Network Crystal price forecast
From a technical analysis standpoint, the KNC price has broken above its 30-day simple moving average near $0.148.
This level had acted as a cap for weeks, and clearing it helps reinforce bullish sentiment.
Moving ahead, the $0.148 zone has now become the most important support to watch in the near term.
Holding above this level would suggest that the recent breakout remains intact.
If buyers maintain control, KNC could attempt a push toward resistance around $0.175, and a clean break above that area may open the door to further upside.
On the downside, failure to hold $0.148, especially if trading volume contracts sharply, could trigger a quick pullback.
In that scenario, the next area of interest sits near $0.135, where buyers may look to step back in.
Crypto World
Market Analysis: GBP/USD Weakens Again, EUR/GBP Shows Signs of Stability
GBP/USD failed to climb above 1.3575 and corrected some gains. EUR/GBP started a decent increase and might aim for more gains above 0.8800.
Important Takeaways for GBP/USD and EUR/GBP Analysis Today
· The British Pound is showing bearish signs below the 1.3500 support.
· There is a key bearish trend line forming with resistance near 1.3440 on the hourly chart of GBP/USD at FXOpen.
· EUR/GBP is gaining pace and trading above the 0.8750 pivot level.
· There is a connecting bullish trend line forming with support at 0.8755 on the hourly chart at FXOpen.
GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair failed to stay above the 1.3535 pivot level. As a result, the British Pound started a fresh decline below 1.3500 against the US Dollar.
There was a clear move below 1.3485 and the 50-hour simple moving average. The bears pushed the pair below 1.3440. Finally, there was a spike toward the 1.3400 handle. A low was formed near 1.3400, and the pair is now consolidating losses.

There was a minor move above 1.3425 and the 23.6% Fib retracement level of the downward move from the 1.3575 swing high to the 1.3400 low. On the upside, the GBP/USD chart indicates that the pair is facing resistance near a key bearish trend line at 1.3440.
A close above the trend line might send the pair toward the 50% Fib retracement at 1.3485 and the 50-hour simple moving average. If the bulls remain in action, they could aim for more gains.
In the stated case, the pair might rise toward 1.3535. The next major hurdle for GBP/USD sits at 1.3575. On the downside, there is a key support forming near 1.3400. If there is a downside break below 1.3400, the pair could accelerate lower. The next key interest area might be 1.3360, below which the pair could test 1.3320. Any more downside could lead the pair toward 1.3250.
EUR/GBP Technical Analysis
On the hourly chart of EUR/GBP at FXOpen, the pair started a decent increase from 0.8700. The Euro traded above 0.8750 to enter a positive zone against the British Pound.
The pair settled above the 50-hour simple moving average and 0.8760. The pair traded as high as 0.8789 before there was a downside correction. There was a move below the 23.6% Fib retracement level of the upward move from the 0.8702 swing low to the 0.8790 high.

However, the pair is stable above 0.8750 and the 50% Fib retracement. Besides, there is a connecting bullish trend line forming with support at 0.8755.
A downside break below 0.8755 might call for more downsides. In the stated case, the pair could drop toward 0.8745. Any more losses might call for an extended drop toward the 0.8730 pivot zone.
If there is another increase, the EUR/GBP chart suggests that the pair is facing hurdles near 0.8775. A close above 0.8775 might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8800. Any more gains might send the pair to 0.8840.
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Crypto World
X allows crypto promotion under new paid partnership policy
Elon Musk-owned X will allow crypto-related promotional content under an updated paid partnership policy.
Summary
- X has lifted its ban on paid crypto promotions, allowing influencers to publish sponsored content under a revised paid partnership framework.
- The update excludes jurisdictions such as the European Union, the United Kingdom and Australia.
According to X’s updated paid partnership policy, influencers will be allowed to publish promotional content related to cryptocurrencies, as long as it is in compliance with the platform’s disclosure rules and all applicable advertising and financial promotion laws.
However, the feature will not be available in regions where local regulations impose stricter requirements on crypto-related promotions, such as the European Union, the United Kingdom and Australia.
For instance, the U.K. Advertising Standards Authority has cracked down on crypto advertisements that downplay risks, recently banning a Coinbase ad campaign. Australian regulators have also taken a similar stance and have previously sued Meta over misleading crypto ads.
X first imposed restrictions on crypto advertising back in 2018, just weeks after similar crackdowns were introduced by other tech giants like Google and Meta, which was still operating as Facebook at the time.
Under the X branding, the social network in June 2024 moved the entire Financial Products category into Prohibited status for paid promotions and influencer partnerships as a means to combat undisclosed crypto endorsements and aggressive shilling by influencers who were not revealing their paid deals.
Commenting about the latest update, X’s head of product Nikita Bier said the feature will help creators build and grow their businesses on the platform while, at the same time, remaining transparent to their follower base.
Over the past months, X has announced plans to launch new products, including X Money and X TV, as part of Musk’s vision of an “everything app” that combines social networking, media, and financial services under one platform.
Last year, X partnered with Visa to enable digital transactions directly within the platform. Rumors have suggested that X Money could also include cryptocurrencies, but these claims have not been officially confirmed by the company.
However, X has confirmed plans for “Smart Cashtags,” a feature that will allow users to see real-time price charts and access buy and sell buttons for major assets, including cryptocurrencies, directly from their timelines.
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