🚨 BREAKING: The Fed has reversed a key anti crypto stance 🇺🇸
The Federal Reserve has officially pulled its 2023 guidance that effectively prevented uninsured banks from joining the Fed and taking part in crypto related activities
Why this is important ✅ That guidance was used to block Custodia Bank from getting a Fed master account ✅ It restricted how state chartered banks under Fed supervision could interact with digital assets ✅ It was stricter than the rules enforced by other banking regulators
That rule is now removed
The Fed says it will introduce a new framework focused on supporting responsible innovation while maintaining bank safety and stability
This does not mean crypto banks are instantly approved but it removes a major regulatory barrier that was previously used to keep them out
$FIL /USDT is trading around $1.284, consolidating after a short-term pullback from recent highs.
Immediate support sits at $1.265–$1.275 where prior demand has held structure, with a deeper level near $1.250 acting as a logical stop-loss area if price breaks lower.
On the upside resistance is observed at $1.305–$1.315 and a confirmed breakout above this range could target $1.340 followed by an extended zone near $1.370.
Price action suggests a cautiously bullish bias while holding above support though momentum and volume should be monitored for confirmation before expecting higher targets.
This analysis is purely technical and not financial advice.
$SOMI /USDT is trading around $0.3050, consolidating after a recent pullback. Key support lies at $0.290–$0.295, which aligns with prior demand and short-term structure. A confirmed breakdown below $0.285 would weaken the setup and serves as a logical stop-loss zone. On the upside, immediate resistance is located at $0.320, followed by a higher barrier near $0.345. If price reclaims $0.320 with volume, upside continuation could target $0.360–$0.380. Overall structure suggests range trading, with momentum-dependent expansion. Traders may wait for a clear break or rejection at range boundaries. This is technical analysis only, not financial advice.
$XLM /USDT is trading near $0.2163, showing consolidation after a recent corrective move. Immediate support is located at $0.210–$0.212, aligned with prior demand and short-term structure. A sustained break below $0.205 would invalidate the current range and acts as a logical stop-loss zone. On the upside, resistance stands at $0.222–$0.225, where selling pressure previously emerged. A clean reclaim above this area could open upside continuation toward $0.235, with an extended target near $0.245 if momentum expands. Overall structure remains range-bound, and directional confirmation is needed before expecting a stronger trend. This analysis is technical in nature and not financial advice.
$APT /USDT is trading around $1.564, consolidating after a minor pullback from recent highs. Immediate support sits at $1.53–$1.55, where buyers previously defended structure. A breakdown below $1.48 would signal structural weakness and serves as a logical stop-loss area based on recent swing lows. On the upside, resistance is observed at $1.60–$1.62, and a confirmed breakout above this range could open a move toward $1.68, followed by an extended target near $1.75. Overall price structure remains neutral to mildly bullish while price holds above support, though momentum confirmation is advised. This analysis is purely technical and not financial advice.
$TON /USDT is trading around $1.512, consolidating after a corrective move from recent highs. Immediate support is located at $1.48–$1.50, where buyers have previously defended structure. A breakdown below $1.44 would signal further weakness and serves as a logical stop-loss area based on recent swing lows. On the upside resistance stands at $1.56–$1.58, and a confirmed breakout above this zone could open a move toward $1.64, followed by an extended target near $1.72. Overall structure remains neutral, with directional bias dependent on a clear reaction at support or resistance. This analysis is purely technical and not financial advice.
Kite Network building money rails for the AI driven internet
Why Kite matters in a world run by software agents
Kite is not trying to be another generic blockchain chasing hype
It is built for a very specific future where AI agents do real work earn value and pay each other without humans clicking buttons
The idea behind Kite is simple but powerful
If AI agents are going to manage data run services trade resources and complete tasks then they need a native system to move value safely and instantly
Kite wants to be that system
At its core Kite is a Layer 1 blockchain that supports EVM
This makes it friendly for developers who already build on Ethereum
They can reuse tools wallets and smart contracts without learning something new
But under the hood Kite is optimized for speed low fees and high frequency transactions
That matters because AI agents do not transact once or twice a day
They transact constantly
Kite uses a proof of stake design
Validators secure the network by staking the native token KITE
This keeps the chain decentralized while allowing fast confirmation times
The network is designed to handle micro payments which are essential for AI use cases
Things like paying for data access model usage compute power or automated services
One key part of Kite is agent identity
Kite treats identity as a core layer not an add on
Every agent can have a verifiable on chain identity
This allows trust accountability and reputation
If an agent delivers bad data or fails a task it can be tracked
If it performs well it builds history and credibility
This is critical for real world AI commerce
Another important part is modular design
Kite supports dedicated environments for different AI workflows
This means finance healthcare data services or enterprise tools can operate in their own optimized spaces
But they all settle value through the same payment layer
This keeps the system flexible while maintaining shared liquidity
The KITE token is what powers everything
It is not just a trading asset
It is used to secure the network through staking
It is used to pay for services on the chain
It is used for governance where holders can vote on upgrades parameters and ecosystem decisions
KITE is also the reward mechanism
Validators earn KITE for securing the network
Developers earn KITE for building useful applications
Data providers and AI service operators earn KITE when their tools are used
This ties the token directly to activity instead of hype
The total supply of KITE is capped at ten billion
This fixed limit gives long term clarity
The supply is split between ecosystem growth community rewards team investors and partners
A large portion is reserved for ecosystem incentives
This is meant to attract builders and users over time
Team and early backer tokens are locked with vesting
This reduces early sell pressure and aligns long term goals
Kite entered the market through major exchange programs
This gave it early liquidity and visibility
It also allowed wide token distribution instead of private access only
As expected the early price action was volatile
New infrastructure tokens always move fast in both directions
What matters more is whether usage grows
So far Kite has shown strong interest from traders and builders
Trading volume picked up around major announcements and listings
Market cap moved with broader AI and crypto sentiment
But price alone does not define this project
The real signal will be on chain activity
Kite is designed for real world usage
Think of automated payroll systems where AI agents manage payments
Think of data marketplaces where agents buy and sell datasets instantly
Think of AI tools that pay each other for compute or results
All of this requires fast cheap and reliable settlement
That is what Kite is trying to provide
The team behind Kite comes from both blockchain and AI backgrounds
They understand infrastructure not just marketing
The project is supported by a foundation that focuses on long term development
Institutional interest has also played a role
This brings credibility and potential enterprise partnerships
At the same time the roadmap points toward increasing decentralization over time
The roadmap is focused on execution
First is network stability and performance
Then developer tools and documentation
After that AI marketplaces for data models and services
Identity systems for agents
Cross chain connectivity and stablecoin support
Each step builds on the previous one
Kite is not promising overnight miracles
It is positioning itself as base infrastructure
That means adoption takes time
But if the agent economy grows Kite benefits directly
From an investment and observer point of view the key metrics are clear
Active developers building on Kite
Real transactions between agents
Marketplace volume
Staked tokens and network security
Governance participation
If those numbers grow then Kite is doing its job
If not then it remains an idea without traction
Looking forward Kite sits at the intersection of two powerful trends
Aave founder Stani Kulechov announced that the SEC has wrapped up its four-year investigation into the Aave protocol without taking any enforcement action.