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Crypto

XRP must top $1.53 to confirm breakout; on-chain signals warn of selling pressure

XRP has room for further gains on technical charts, but on-chain indicators point to selling pressure that could block a breakout. XRP is testing the top of a falling channel and hovering near the 20-day and 50-day exponential moving averages around $1.40 to $1.41, with a cup-and-handle pattern forming. Exchange net position change surged, and about 1.16 billion XRP is clustered at $1.45 to $1.46, creating resistance.

Crypto

Juniper Research sees cross-border B2B stablecoin payments reaching $5 trillion by 2035

Cross-border business-to-business stablecoin payments could reach $5 trillion by 2035, according to a Juniper Research report cited by CoinDesk. Juniper expects the market to expand 373-fold from an estimated 13.4 this year, and said 85 percent of total stablecoin transaction value in 2035 could come from B2B activity. It said stablecoins are being integrated into cross-border trade, treasury operations and supply-chain settlement.

Industry

Upbit provides five vehicles to Korean Red Cross for emergency medical support

Upbit said on April 28 it held a handover ceremony on April 27 at Seoul Red Cross Hospital for vehicles for the Korean Red Cross disaster response medical team (HERU). A total of five vehicles will be deployed to Red Cross hospitals in Seoul, Incheon, Sangju, Tongyeong and Yeongju. In the event of a disaster, they will be sent to the site to provide emergency medical support to displaced people and relief workers.