# GoogleCloudUnveilsL1ChainGCUL

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#Google Cloud Unveils L1 chain GCUL
Google Cloud's New Blockchain Initiative: GCUL
We're all used to hearing about blockchain in association with cryptocurrencies. But Google Cloud has taken a slightly different approach and developed a specialized Layer-1 blockchain for financial institutions: Google Cloud Universal Ledger (GCUL). This platform aims to make payments, tokenization, and reconciliation processes faster, more secure, and more cost-effective for banks and financial institutions. GCUL is seen as an alternative to solutions like Stripe Tempo, Circle Arc, and Ripple. Its key diffe

The largest player in the market of tokenized funds is the company BlackRock. Its money market fund BUIDL, with assets under management estimated at approximately $2.4 billion, has become the absolute leader in this new asset class.
Its rapid growth since its launch in March 2024 demonstrates the increasing interest of institutional investors in using blockchain to access traditional financial products, such as U.S. Treasury securities. The success of BUIDL significantly outpaces the offerings of other issuers, confirming the authority of BlackRock and setting a new standard for the entire ind

Live Price ~$111,454
Intraday Range $109,493 – $112,346
Close (Aug 27 est.) ~$111,604
24-Hour Change Slight decrease (~–0.15%)
Key Watch Levels Support: ~$107k / ~$100kResistance: ~$113–113.5k
Short-term traders should remain cautious due to sustained volatility and potential test of the ~$107k support.
Longer-term investors: While the price remains significantly below its recent all-time high (~$124k in mid-August), broader sentiment remains mixed with signs of potential technical recovery if macro conditions improve.
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#Commerce Dept. Goes On-Chain
#Google C

Shiba Inu (SHIB) is currently in a gradually contracting symmetrical triangle consolidation pattern, which has attracted widespread attention in the market. The price has encountered strong resistance around $0.000014, while also being constrained by the 200-day moving average. Analysts point out that breaking through this key level will be an important signal to confirm an upward trend; on the contrary, if it fails to break through, SHIB may face further fall risks.
Recently, the 50-day and 100-day Exponential Moving Averages (EMA) of SHIB have formed a mini golden cross, which should be a bu

Invested in herself and the blockchain.
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