Author: rb809rb

  • What next as XRP drops 3% under $1.40 on strong selling

    What next as XRP drops 3% under $1.40 on strong selling

    $XRP finally gave way at $1.40, and the way it broke matters more than the move itself. This wasn’t a slow drift lower. It was a high-volume push that cleared a level buyers had defended for weeks. Once that kind of support goes, it usually doesn’t snap back quickly. It tends to flip, and that’s exactly the test now.

    News Background

    • Bitcoin dominance pushed toward 60%, reinforcing a rotation out of altcoins and limiting follow-through demand for $XRP.

    • The multi-month triangle structure that had been compressing price finally resolved, with the move breaking lower instead of triggering the expected upside expansion.

    Price Action Summary

    $XRP dropped from $1.44 to $1.39, breaking cleanly through the $1.40 support zone.
    • The move was driven by a sharp spike in participation, not thin liquidity.
    • Price is now stabilizing just below the breakdown level, trading in a tight $1.39–$1.40 range.

    Technical Analysis

    • The key shift is structural. $1.40 was support, now it’s resistance unless reclaimed quickly.
    • Volume expanding into the breakdown confirms real selling pressure, not just positioning noise.
    • The triangle pattern that held price for weeks has resolved lower, removing the compression support.
    • Short-term bounces are showing up, but they’re reactive, not strong enough to reverse the move yet.

    What traders should watch

    • $1.40 is now the pivot. Reclaim it with volume, and the breakdown starts to look like a fakeout.
    • $1.37 is the next downside level. Losing that opens the path toward deeper support near $1.31.
    • If price keeps holding below $1.40, sellers stay in control and rallies are likely to get sold.

  • Netflix Sets Korean Political Thriller ‘The Generals’ From ‘Narco-Saints’ Director Yoon Jong-bin

    Netflix Sets Korean Political Thriller ‘The Generals’ From ‘Narco-Saints’ Director Yoon Jong-bin

    Netflix is doubling down on Korea’s appetite for political period thrillers. The streamer revealed Monday that it has begun production on The Generals (working title), a new film from acclaimed director Yoon Jong-bin chronicling the rise of South Korean dictator-turned-president Roh Tae-woo, the longtime second-in-command to military strongman Chun Doo-hwan.

    The project marks Yoon’s first feature in eight years — following The Spy Gone North, which premiered at Cannes in 2018 — and his second project at Netflix after Narco-Saints, the hit limited series that launched on the streamer in 2022.

    The film centers on Roh Tae-woo (Son Suk-ku), a figure who publicly presents himself as an “ordinary man” while maneuvering behind the scenes beside dictator Chun Doo-hwan (Ha Jung-woo), who wields absolute authority. Surrounded by allies, rivals, and functionaries with their own agendas, Roh navigates a dense network of relationships in his bid to claim the top seat for himself. 

    Among Korea’s most respected mid-career filmmakers, Yoon is known for taut dissections of how people survive inside rigid hierarchies, from his breakthrough The Unforgiven (2005), about Korea’s compulsory military service, to later hits like the Busan mob movie Nameless Gangster (2012) and espionage drama The Spy Gone North (2018). The Generals finds him returning to the theme, “once again exploring the human thirst for power and the mechanisms of survival against a backdrop of political turbulence,” according to Netflix.  

    The film’s cast puts two of Korea’s most in-demand leading men opposite each other for the first time. Son Suk-ku broke through with the Netflix military-drama series D.P. (2021) before headlining the streamer’s A Killer Paradox (2024) and the recent Disney+ mystery hit Nine Puzzles. Ha Jung-woo, meanwhile, is among Korea’s most decorated actors, known for his regular work with Yoon (Nameless Gangster, Kundo: Age of the Rampant and Narco-Saints) as well as leading auteurs like Na Hong-jin (Chaser, The Yellow Sea) and Park Chan-wook (The Handmaiden). 

    The supporting ensemble includes Ji Chang-wook (The Sound of Magic, The Worst of Evil, Revolver) playing Heo Hak-seong, a junior officer who becomes a thorn in Roh’s side; Hyun Bong-sik (Narco-Saints, A Killer Paradox, Aema) as Jung Ho-joong, a classmate and friend to both Roh and Chun; and Seo Hyun-woo (Decision to Leave, My Name Is Loh Kiwan) playing Park Cheol-woong, a prosecutor and Roh’s trusted chief of staff.

    The Generals (WT) is a joint production between Moonlight Film (Karma, Narco-Saints, The Match, Nine Puzzles) and Sanai Pictures (Mission: Cross, Revolver, Hunt), and will stream exclusively on Netflix.

    Politically charged dramas engaging with South Korea‘s authoritarian past are a staple of the local industry, but the genre has struck an especially strong commercial chord of late. 12.12: The Day, the Kim Sung-su-directed political drama that turned the December 1979 coup into a riveting ticking-clock thriller, became the top-grossing Korean film of 2023, helping to revive the country’s ailing post-pandemic theatrical business. Woo Min-ho’s Harbin, a sweeping period thriller about a 1909 plot to assassinate Japan’s first prime minister and resident-general of Korea, also dominated the Korean box office for a month at the end of 2024. 

  • Italy extradites Chinese cyber-espionage suspect to US

    Italy extradites Chinese cyber-espionage suspect to US

    US prosecutors say 34-year-old Xu Zewei hacked into universities to steal vaccine research during COVID-19 pandemic. 

    Italy has extradited an accused Chinese hacker wanted in the United States for allegedly stealing vaccine research at the height of the COVID-19 pandemic.

    Italian authorities handed over the “dangerous foreign hacker” to the US following his arrest in Milan last July on suspicion of conducting cyberattacks against universities and other institutions engaged in COVID-related research, the Italian National Police said in a statement on Monday.

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    The suspect and his co-conspirators allegedly exploited cybersecurity flaws in email software to target thousands of computers in a Chinese state-sponsored cyber-espionage campaign dubbed “Hafnium”, Italian police said.

    The US Department of Justice said the suspect, 34-year-old Xu Zewei, had targeted universities, immunologists, and virologists under the direction of China’s Ministry of State Security while employed at the “enabling” company Shanghai Powerock Network.

    Prosecutors said the targeted institutions included a university in southern Texas and a law firm with offices in Washington, DC, and worldwide.

    Xu appeared in the US District Court in Houston, Texas, on Monday to face nine criminal counts, including wire fraud and conspiracy to obtain information by unauthorised access to protected computers, according to US prosecutors.

    “The United States is committed to pursuing hackers who steal information from US businesses and universities and threaten our cybersecurity,” Assistant Attorney General for National Security John A Eisenberg said in a statement.

    “I commend the prosecutors and investigators who have worked hard and sought justice for years in this investigation, and we look forward to proving our case in court,” Eisenberg said.

    The Chinese Embassy in Washington, DC, did not immediately respond to a request for comment.

    Beijing has previously denied conducting hacking operations in the US and elsewhere around the world, branding such claims as “groundless accusations” and “smears”.

    Xu’s lawyers in Italy and the US, Simona Candido and Dan Cogdell, did not immediately respond to requests for comment.

    If convicted, Xu could face up to 20 years in prison for each count of the most serious charges against him.

  • Lisa Kudrow Says the ‘Friends’ Writers Were ‘Mostly Men’ Who Stayed ‘Up Late Discussing Their Sexual Fantasies’ About Her Female Co-Stars

    Lisa Kudrow Says the ‘Friends’ Writers Were ‘Mostly Men’ Who Stayed ‘Up Late Discussing Their Sexual Fantasies’ About Her Female Co-Stars

    Lisa Kudrow recently told The Times of London that she had to endure some “mean stuff” from the writing staff of “Friends,” who were “mostly men,” during her 10-season run on the NBC sitcom. Kudrow, who starred as the free-spirited Phoebe Buffay, said the writers reprimanded the cast for forgetting lines and spent their off-hours fantasizing about her female co-stars.

    “There was definitely mean stuff going on behind the scenes,” Kudrow said. “Don’t forget we were recording in front of a live audience of 400, and if you messed up one of these writers’ lines or it didn’t get the perfect response they could be like, ‘Can’t the bitch fucking read? She’s not even trying. She fucked up my line.’”

    She added that, in the writers’ room, “the guys would be up late discussing their sexual fantasies about Jennifer [Aniston] and Courteney [Cox]. It was intense.”

    Kudrow described the writers’ treatment of the cast as “brutal,” but she said she didn’t pay them much mind since most of their illicit behavior happened behind closed doors.

    “Oh, it could be brutal, but these guys — and it was mostly men in there — were sitting up until 3 a.m. trying to write the show so my attitude was, ‘Say what you like about me behind my back because then it doesn’t matter,’ ” she said.

    The behavior of the “Friends” writing team was famously exposed by Amaani Lyle back in the early 2000s. Lyle, who worked on the show in 1999 on Season 6, brought a lawsuit against Warner Bros. Television for the writers’ room conduct. In the suit, she claimed that the “Friends” scribes frequently made sexual and racist remarks, and as the writers’ assistant, she was forced to take notes on everything that was said in the room. The case eventually made it to the Supreme Court, which ruled against Lyle after deciding the coarse demeanor was a necessary part of the work environment.

  • Bitcoin pressured by Fed uncertainty, oil, and AI slowdown

    Bitcoin pressured by Fed uncertainty, oil, and AI slowdown

    Bitcoin is down 3% in Asian morning trading, holding near $77,000 as markets brace for a week packed with macro catalysts. The move appears driven more by caution than a shift in sentiment.

    In a note to CoinDesk, Singapore-based Enflux, a market maker, said traders are reluctant to push bitcoin higher ahead of Wednesday’s rate decision and a cluster of data releases later in the week, including GDP, PCE inflation, and the Employment Cost Index. Together, those prints will shape expectations for when, or if, the Fed can begin cutting rates in the second half of the year.

    For now, the biggest constraint is oil. Brent crude remains above $100, complicating the inflation outlook and raising the bar for a dovish signal from Fed Chair Jerome Powell.

    According to Enflux, the market is operating under two competing assumptions: that geopolitical tensions will eventually ease, but any resolution will not arrive quickly enough to influence near-term policy. That combination has effectively priced out rate cuts for June (Polymarket bettors give a 95% chance of ‘no change’) and created a more ambiguous backdrop for risk assets.

    In that environment, bitcoin has struggled to break above key technical levels. The cryptocurrency is trading roughly 4% below its short-term holder cost basis near $80,700, a level often viewed as a proxy for marginal buyer conviction.

    Moving decisively above it would likely require a clear signal from the Fed that oil-driven inflation will prove temporary. Absent that, Enflux expects bitcoin to trade tentatively into Thursday’s data releases, with a sharper move more likely tied to the macro prints than to the Fed statement itself.

    Looking beyond this week, a less visible force may also be shaping bitcoin’s next moves. The Wall Street Journal reported Monday that OpenAI has missed key revenue targets, raising questions about the pace of AI demand.

    Listed $BTC mining companies have taken on significant debt while also selling portions of their treasuries to pivot to hosting AI data centers – a venture believed to be more profitable than mining.

    A slowdown in this pivot could, in theory, slow selling.

    When demand for compute is strong, miners have both the incentive and the financing to keep building, often leading to continued $BTC sales to fund capex and service debt.

    But if OpenAI’s miss signals that AI growth may not keep pace with those expectations, the dynamic becomes more complex. A slowdown in AI expansion could ease that miner-driven selling over time, removing a source of supply.

    The problem is timing: sell pressure on semiconductor and data stocks, because of weaker tech and risk appetite, would likely bring down the crypto market, while any relief from slower miner selling would come later.

    In that sense, the AI story only reinforces Enflux’s broader point. The market is stuck between competing macro forces, and any slowdown in AI demand adds another layer of uncertainty without immediately resolving the ones that matter most for price.

    For now, that keeps bitcoin trading in the same narrow band, waiting for a clearer signal.

  • Japan’s Bitbank rolls out crypto-linked credit card that pays bills in bitcoin

    Japan’s Bitbank rolls out crypto-linked credit card that pays bills in bitcoin

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  • Jimmy Kimmel Defends Melania Trump “Widow” Joke, Refuses to Apologize for It

    Jimmy Kimmel pushed back on the backlash against his “expectant widow” joke, declining to apologize for the joke itself and instead mocking the Trumps’ calls to cancel his show.

    During his Monday night monologue, the Jimmy Kimmel Live! host took the stage in a pitch-black suit and told ABC viewers, “You know how sometimes you wake up in the morning and the first lady puts out a statement demanding you be fired from your job? We’ve all been there, right?”

    Kimmel briefly explained the history of the White House Correspondents’ Dinner and how there used to be a comedian hosting the annual event, but Trump has halted that tradition to avoid being mocked. Kimmel explained that on Thursday’s show, he told jokes as if he were hosting the event, and re-told his joke: “Of course, our first lady, Melania, is here. Look at her, so beautiful. Mrs. Trump, you have a glow like an expectant widow.”

    “There was no big reaction to it until this morning, when I greeted the day facing yet another Twitter vomit storm and a call to fire me from our first lady,” Kimmel said. “Obviously, it was a joke about their age difference and the look of joy we see on her face every time they’re together. It was a very light roast joke about the fact that he’s almost 80 and she’s younger than I am. It was not — by any stretch of the definition — a call to assassination. And they know that. I’ve been very vocal for many years, speaking out against gun violence, in particular.”

    “But I understand that the first lady had a stressful experience over the weekend, and probably every weekend is pretty stressful in that house,” he continued. “And also, I agree that hateful and violent rhetoric is something we should reject. I do, and I think a great place to start to dial that back would be to have a conversation with your husband about it. Donald Trump is allowed to say whatever he wants to say, as are you and as am I. Because under the First Amendment, we have, as Americans, a right to free speech.”

    That said, Kimmel expressed regret for the traumatic experience that everybody in the WHCD ballroom went through. “I am sorry that [Melania] and the president and everyone in that room on Saturday went through that — that I really am,” he said. “Just because no one got killed doesn’t mean it wasn’t traumatic and scary, and we should come together. We really should. But if you want us to believe that a joke I made three days before this dinner had any effect on anything that happened, well then, maybe someone should look into this psychic lady too.”

    Then Kimmel played a clip of White House press secretary Karoline Leavitt saying before the event that “there will be some shots fired tonight.”

    The comments follow both Melania Trump and Donald Trump calling on ABC to cancel his show in the wake of a shooting outside the White House Correspondents’ Dinner ballroom.

    In a twist of fate, the person performing on stage during the WHCD when the shooting broke out, mentalist Oz Pearlman, was scheduled to be a guest on Monday’s show. He was replaced by Pod Save America host Jon Lovett.

    Earlier Monday, Trump wrote on Truth Social, “Wow, Jimmy Kimmel, who is in no way funny as attested to by his terrible Television Ratings, made a statement on his Show that is really shocking,” wrote Trump. “I appreciate that so many people are incensed by Kimmel’s despicable call to violence, and normally would not be responsive to anything that he said but, this is something far beyond the pale. Jimmy Kimmel should be immediately fired by Disney and ABC.”

    While Melania Trump, in a rare dip into the political discourse fray, wrote, “Kimmel’s hateful and violent rhetoric is intended to divide our country. His monologue about my family isn’t comedy—his words are corrosive and deepens the political sickness within America. People like Kimmel shouldn’t have the opportunity to enter our homes each evening to spread hate. A coward, Kimmel hides behind ABC because he knows the network will keep running cover to protect him. Enough is enough. It is time for ABC to take a stand. How many times will ABC’s leadership enable Kimmel’s atrocious behavior at the expense of our community.”

    The move marks the second time in seven months that Kimmel has had to explain and apologize for a joke that became connected to a political assassination headline. The first was after Charlie Kirk’s murder in September, where a Kimmel joke led to ABC briefly suspending his show.

    ABC made no comment on the matter.

    Trump has feuded with Kimmel since 2016 and has called for the talk show’s cancellation several times. While Kimmel has long made mocking Trump a focal point of his monologues. Trump previously was credited — correctly or not — with pushing CBS to cancel another late-night critic of his administration, Stephen Colbert, whose The Late Show ends next month. After the Colbert decision, Trump posted on social media, “I absolutely love that Colbert got fired. His talent was even less than his ratings. I hear Jimmy Kimmel is next. Has even less talent than Colbert!”

    The WHCD shooting marked the third time Trump’s security perimeter has been breached by a man with a gun who intended to cause the president harm during his second term. The first was in July 2024, during a rally in Butler, Pennsylvania, when Thomas Matthew Crooks opened fire on Trump with a rifle, grazing the president’s ear. The second was in September 2024, when Ryan Wesley Routh was spotted with a rifle at a golf tournament while Trump was playing.

  • Seth Meyers Questions Trump’s Pivot to White House Ballroom After Foiled Assassination Attempt

    Seth Meyers Questions Trump’s Pivot to White House Ballroom After Foiled Assassination Attempt

    The White House Correspondents’ Dinner shooting was the topic of the “Closer Look” segment on Monday night’s episode of NBC’s Late Night with Seth Meyers.

    Host Seth Meyers began the segment by thanking law enforcement and emphasizing he was glad that everyone was safe. He also thanked CNN’s Wolf Blitzer for his reporting from the Washington Hilton bathroom, even though the veteran news anchor was stuck there with 15 other men, a scenario Meyers described as his “actual nightmare.”

    “[If] Wolf is in the room, there must be a situation,” Meyers said, imagining the scene. “Also, what happens if you actually have to use the bathroom? Which I would definitely have to do because even when I hear gunshots in a movie I piss myself. Just make sure you’re in a silent bathroom, no cell service, and then you quietly try to slide into a stall without anyone noticing, and then you do your business while 15 other dudes stand right outside the door. Plus you’re in a tuxedo, so you’ve gotta navigate all the suspenders and everything. Trust me, ladies, it’s no party.”

    Meyers also spent time discussing the breakout meme of the WHCD incident, the man dubbed “Salad Man,” who continued eating as all around him hit the deck and hid under tables. “New meme just dropped,” he said. “Remember that dude mowing his lawn in front of the tornado? We should add the ‘Salad Man.’ Or we could update that everything is fine dog. This is incredible. Everyone’s diving under tables. My man’s just going to town on his burrata salad, not just any burrata salad, a hotel ballroom burrata salad.”

    But much of Meyers’ commentary was reserved for Trump going all-in on using the shooting to justify the still under construction White House ballroom. After showing some news clips of Trump talking up the security features of his ballroom, Meyers quipped, “This is the first I’m hearing that it’s a safe ballroom. All I’ve ever heard is how it’s going to be big and beautiful, but now we’re shifting to safe, and man, I get it. When you want something as badly as you want your ballroom, you do what you can.”

    Meyers also zeroed in on Trump’s insistence in media reports and interviews that the ballroom was “militarily top secret.” “I have to ask, what do you mean by this?” said Meyers. “This event would never have happened with the militarily top secret ballroom. What do you mean it’s top secret? You talk about it all the time. That’s the opposite of top secret. You’ve literally held up poster boards with designs for the ballroom you claim is top secret. This is militarily top secret in the same way a stealth bomber would be if it was pulling a banner that read invisible plane.”

    Meyers also touched on the precarious job security of FBI Director Kash Patel, who is facing ever greater pressure following a series of screwups at the agency and a number of news reports alleging unprofessional behavior and alcohol issues on Patel’s part. “I’ve never been less shocked by potential firing, I was so not shocked that when I heard that I kept eating my burrata salad,” he said.

    He ended the segment by reiterating that events at the WHCD were “unacceptable.” “Political violence is unacceptable. It has no place in a functioning democracy,” Meyers said. “It would be nice if our politicians could lead by example and provide solutions for keeping all Americans safe. Instead, the president and his party seem focused on telling the world about his militarily top secret ballroom.”

  • Jimmy Kimmel Defends ‘Expectant Widow’ Joke After Donald and Melania Trump Demand ABC Fire Him: ‘It Was Not By Any Stretch of the Definition a Call to Assassination. And They Know That’

    Jimmy Kimmel Defends ‘Expectant Widow’ Joke After Donald and Melania Trump Demand ABC Fire Him: ‘It Was Not By Any Stretch of the Definition a Call to Assassination. And They Know That’

    Jimmy Kimmel is responding to calls from Donald and Melania Trump for him to be fired by Disney and ABC. The President and the First Lady of the United States posted separate statements on social media condemning Kimmel for a joke he made at Melania’s expense on the Thursday, April 23 episode of “Jimmy Kimmel Live!,” which featured a mock White House Correspondents Dinner hosted by Kimmel. The host quipped during the sketch that Melania had the glow of an “expectant widow,” which ignited outrage among Trump and his MAGA base a few days later when the real White House Correspondents Dinner on April 25 came to an abrupt end due to a shooter.

    “You know how sometimes you wake up in the morning and the First Lady puts out a statement demanding you be fired from your job?” Kimmel said at the top of Monday night’s episode of “Jimmy Kimmel Live!” “We’ve all been there. Right?”

    The late-night host then explained his “expectant widow” jab was “a joke about their age difference and the look of joy we see on [Melania’s] face” every time the First Lady and the President are together, and was by no means a call for violence.

    “It was a very light roast joke about the fact that he’s almost 80 and she’s younger than I am. It was not by any stretch of the definition a call to assassination. And they know that,” Kimmel said. “I’ve been very vocal for many years speaking out against gun violence, in particular. But I understand that the First Lady had a stressful experience over the weekend. And probably every weekend is pretty stressful in that house. And also, I agree that hateful and violent rhetoric is something we should reject. I do. And I think a great place to start to dial that back would be to have a conversation with your husband about it.”

    “Jimmy Kimmel, who is in no way funny as attested to by his terrible Television Ratings, made a statement on his Show that is really shocking,” Trump posted on Truth Social. “He showed a fake video of the First Lady, Melania, and our son, Barron, like they were actually sitting in his studio, listening to him speak, which they weren’t, and never would be. He then stated, ‘Our First Lady, Melania, is here. Look at Melania, so beautiful. Mrs. Trump, you have a glow like an expectant widow.’ A day later, a lunatic tried entering the ballroom of the White House Correspondents Dinner, loaded up with a shotgun, handgun, and many knives. He was there for a very obvious and sinister reason. I appreciate that so many people are incensed by Kimmel’s despicable call to violence… Jimmy Kimmel should be immediately fired by Disney and ABC.”

    Donald and Melania Trump and many other White House administration officials were quickly evacuated from the White House Correspondent Dinner as the shooter was tackled by law enforcement on a different floor inside the venue. The suspected shooter, Cole Tomas Allen, has charged with attempting to assassinate Donald Trump, per NBC News. 

    “Kimmel’s hateful and violent rhetoric is intended to divide our country. His monologue about my family isn’t comedy — his words are corrosive and deepens the political sickness within America,” Melania Trump posted on X hours before her husband’s own post.

    People like Kimmel shouldn’t have the opportunity to enter our homes each evening to spread hate,” Melania continued. “A coward, Kimmel hides behind ABC because he knows the network will keep running cover to protect him. Enough is enough. It is time for ABC to take a stand. How many times will ABC’s leadership enable Kimmel’s atrocious behavior at the expense of our community.”