FlamingoFacingJudgment

Cursor, an AI coding startup, is set to raise at least $2 billion at a $50 billion valuation, led by Thrive Capital and Andreessen Horowitz. It aims for over $6 billion in revenue by 2026 and distinguishes itself with a tiered pricing model and SOC 2 Type 2 certification.

$CLO price is stuck around 0.120–0.123, just below a key resistance ✨
This is not weakness — this is compression. When price pauses after a strong move like this, it usually means energy is building for the next leg.
The breakout level is clear: 0.123 – 0.124. If price breaks and holds above this zone, momentum can expand quickly toward 0.13 – 0.144. And if buyers keep control after that, extension toward 0.18 is very possible.
On the downside, 0.116 is the immediate support. Losing this level means short-term weakness and a pullback toward 0.106 is likely — just a correction, not a full trend break yet.
But if sellers take control and buyers fail to defend, then deeper downside toward 0.093 – 0.095 can come fast.
Simple view:
Break 0.124 → expansion mode 🚀
Lose 0.116 → correction phase
Right now, it’s sitting in that calm before the storm zone… next move won’t be small.

(The FSA) previously regulated cryptocurrency assets under the “Funds Settlement Act,” using payment methods as the basis for supervision. With the continued expansion of cryptocurrency assets’ investment uses, the proportion of users holding such assets for profit has risen significantly, and the current regulatory framework is no longer able to effectively protect investors’ rights and interests. Against this backdrop, the Financial Services Agency decided to shift the regulatory framework to the “Financial Instruments and Exchange Act,” so that, in terms of legal classification, cryptocurrency assets are placed alongside traditional financial products such as stocks and bonds, and relevant industry players will also face compliance standards similar to those of traditional financial institutions. This transition further aligns Japan’s cryptocurrency regulatory framework with the mainstream financial regulations of major G7 economies.
Core provisions of the amendment: stronger obligations and upgraded criminal penalties
Key changes in this amendment include:
- **Insider trading ban:** An explicit prohibition on trading cryptocurrency assets using material non-public information, filling a gap in current law.
- **Annual information disclosure obligation:** Cryptocurrency asset issuers must regularly disclose financial and business information to the competent authorities and investors.
- **Change of industry operator name:** Registered operators will be officially renamed from “cryptocurrency exchange operators” to “cryptocurrency trading operators.”
- **Harsher criminal penalties:** For unlicensed operators, the maximum prison term increases from 3 years to 10 years, and the fine cap increases from 3,000,000 yen to 10,000,000 yen.