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Crypto

Gold near $4,700 flashes warning signs as correction looms

Gold is retesting support near $4,650 an ounce, raising short-term downside pressure as it struggles to regain upward momentum. The market is weighing key levels at $4,650 and resistance near $4,800 after failing to break above $4,772. Indicators on daily and 4-hour charts point to a balanced but tightening range, increasing the likelihood of a breakout in either direction. Analysts cited see $4,500 and $4,376 as next supports if $4,650 fails.

Industry

K-beauty seen poised to expand in Europe as OnRitual draws interest

Hecto Healthcare's inner beauty brand OnRitual is drawing signs of expansion potential beyond China, as a distributor that supplies cosmetics to multiple European countries, centred on Spain, shows strong interest. At China Beauty Expo 2026 in Shanghai, a Russian distributor visited the OnRitual booth and said it was seeking new brands with growth potential. OnRitual showcased an expanded portfolio, moving from ingestible beauty products into skincare.

Crypto

U.S. 5 labor groups submit letter opposing CLARITY Act, warning retirement pensions at risk

Five major U.S. labor groups have formally voiced opposition to the CLARITY Act, a crypto market-structure bill, urging all senators to vote against it ahead of a Senate Banking Committee review. The groups said the bill could undermine the stability of workers’ retirement pension systems, including public pensions, by integrating cryptocurrencies into the real economy without sufficient safeguards. They also criticised provisions on stablecoin interest and rewards.