After a spectacular 30% rebound, Ethereum has just triggered a worrying technical sell signal. While investors hesitate between taking their profits or betting on another rebound, one question arises: does this signal announce a sharp correction or just a pause before a new rise?
In brief Ethereum emits a technical sell signal (TD Sequential) after a 30% rally, suggesting a possible bearish reversal. The CLARITY Act, whose vote is uncertain before August, could strongly impact the crypto market. Investors must watch key supports ($1,875, $1,857) and anticipate reactions after the vote. Ethereum Triggers a Sell Signal After a 30% Rally The TD Sequential, a feared technical indicator, has just sounded the alarm for Ethereum (ETH). After a blazing 30% rally from its recent lows near $1,500, ETH hit a peak around $1,980, triggering a sell signal that worries investors. Indeed, this indicator had previously correctly predicted the prior rebound, moving from $1,500 to nearly $2,000.
Today, with ETH flirting with $1,900, the market seems at a decisive turning point. The most cautious traders are therefore starting to lock in their profits, fearing a bearish reversal. Yet, some see this as a buying opportunity before a new surge. Is the TD Sequential right once again, or is it a false signal in an already very volatile market?
Ethereum Facing a Crucial Test: Could the CLARITY Act Vote Change Everything? While Ethereum wavers under the pressure of bearish technical signals, another factor could shake things up: the CLARITY Act vote, likely scheduled for August 3, 2026. This legislation, eagerly awaited by the crypto industry, could provide essential regulatory clarity to attract institutional investors. A positive adoption could invalidate bearish signals and propel ETH towards new highs. However, uncertainty remains.
Historically, crypto regulations have often been controversial, with unpredictable effects on the markets. Some analysts already dare to predict that if the vote passes, Bitcoin (BTC) could explode to $600,000 within two years. But what about Ethereum? Between regulatory hope and technical pressure, ETH stands at a crossroads. Should investors expect a post-vote rebound or beware of a free fall? The answer might depend on the next 48 hours.
Between alarming technical signals and regulatory hopes, Ethereum is playing its future. Should you sell now or hold on betting on the CLARITY Act? One thing is certain, the coming days will be eventful. And you, what would you do?
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH) Ethereum’s price remained flat compared to last week because sellers stopped the rally at the $2,000 resistance and pushed it into a pullback. At the time of this post, ETH was found around $1,890, and it may retest the support at $1,800 next.
Despite the recent gains from $1,500, this cryptocurrency remains in a macro downtrend with clear lower lows and lower highs. If buyers want to put a stop to this, they need to turn $2,000 into support.
Looking ahead, Ethereum may be consolidating between $2,000 and $1,800 until a clear breakout takes place. Bulls will also have to do their best to stop any price below $1,800 to avoid new lows.
Ripple (XRP) XRP fell by 3% this week and is back just above the $1 support level. This price action has also formed a pennant. That could highlight a continuation of the prevailing trend once the asset escapes it. In this case, that’s bearish.
The volume also continues to fall and is making clear lower lows. That’s not encouraging if buyers hope to reverse the ongoing downtrend. A break below $1 would settle the matter and see XRP make new lows, with $0.80 as a key target.
Looking ahead, best to wait for the pennant to break and then reassess. Until that happens, the price will compress at the apex of this formation before it escapes.
Cardano (ADA) ADA managed to close this week in the green, albeit with only a 2% gain. Still, the support at $0.15 has been reconfirmed, and this cryptocurrency has a good shot at moving towards $0.20. Eventually, the resistance at $0.23 must be reclaimed to turn bullish.
Because the most recent push higher has been on low volume, this shows buyers remain weary and will need to see more gains before they gather sufficient confidence to step up their presence on the orderbook.
Looking ahead, Cardano may be about to exit a very difficult period between 2025 and 2026 when the price went from $1.2 to $0.14. To do that, ADA will have to hold above $0.15 and aim for $0.23 next.
Binance Coin (BNB) Binance Coin is up 4% this week after buyers managed to take it above the support at $580. As long as this key level holds, bulls have the upper hand, and they may be aiming for $690 next, which is the key resistance.
At the time of this post, the ongoing uptrend is still early, and sellers could at any time reverse it. Therefore, best to wait for a confirmation of this breakout to avoid a bull trap scenario.
Looking ahead, BNB could continue to consolidate between $580 and $690. If so, the drop under $580 could be interpreted as a short-term deviation in the price action.
Hyperliquid (HYPE) Similar to last week, HYPE disappointed again with a price that closed in red and lost 7% of its valuation. More concerning, however, is the fact that this cryptocurrency appears to have lost its uptrend.
The support at $60 has now turned into a resistance and HYPE is well on its way to test the next support at $52. If both these levels are lost in quick succession that’s an extremely bearish signal that hints at a major correction.
Looking ahead, it is becoming clearer that Hyperliquid’s best days may be behind it after the price topped around $76. Since then, it’s been down only. Should $52 not stop sellers, then the next key support will be found at $45.
Iran claims to have closed the Strait of Hormuz, U.S. Central Command denies.
Local time on July 31, the U.S. Central Command (CENTCOM) stated that "the Iranian government's renewed claim that it has closed the Strait of Hormuz is false." CENTCOM added that "the Strait of Hormuz remains open for merchant vessel traffic; Iran does not control the strait," noting that "thousands of ships have transited this international waterway over the past four months." Earlier on July 31, Iran's Persian Gulf Strait Administration issued a statement saying that due to the U.S. military's continued aggressive operations in the relevant waters, the Strait of Hormuz is currently not normally navigable. (Source: CCTV)
4 minutes ago
Jensen Huang: "Now is the best time in history to start a business—don’t overthink ‘how hard can it be’."
According to Fortune, NVIDIA CEO Jensen Huang told attendees at Y Combinator’s Startup School 2026 that the present is the best time in history to launch a company, advising young entrepreneurs not to overthink due to rapid technological shifts or fear of failure. When facing challenges, he suggested asking himself: “How hard can it be?” Huang emphasized that entrepreneurs don’t need all the answers from day one; the core is being willing to confront reality and continuously learn. In NVIDIA’s early days, the company bet on the wrong graphics technology. When the team lacked solutions, he purchased three technical textbooks and gave them to his engineers. He noted that as long as one retains a learning mindset, specific technologies themselves are not the most critical factor. That said, Huang doesn’t believe success comes easily. He revealed he still works seven days a week and has long worried about the company collapsing; this sense of vulnerability, uncertainty, and insecurity has never faded. His advice: don’t imagine all difficulties in advance, lest anxiety derail action, but let challenges arise gradually and solve them one by one. Data shows U.S. business applications hit a record 3.23 million in the first half of 2026, up 12.1% year-over-year. However, startup risks remain high: U.S. Bureau of Labor Statistics data indicates nearly half of businesses cease operations within five years of launch.
4 minutes ago
Trump’s approval rating has dropped to its lowest level since his second term.
Political analyst Nate Silver said that due to the ongoing unpopular Iran war and surging natural gas prices, President Trump’s approval rating has dropped to its lowest point since his second term this month. He noted, “The timing aligns closely with the rebound in natural gas prices and the resumption of hostilities in Iran.” As the war nears its sixth month, data from the American Automobile Association (AAA) shows that as of Friday morning, the average U.S. gasoline price stood at around $4.11 per gallon, up from roughly $3.15 a year ago. According to polling averages from Decision Desk HQ, Trump’s overall average approval rating was 40.6% as of Friday morning, while his average disapproval rating reached 57.5%. A Quinnipiac University poll found that 60% of U.S. voters oppose the war, the highest opposition rate recorded since the conflict began on February 28. Nearly three-quarters of Americans said they oppose deploying U.S. troops to Iran. An AP-NORC poll also showed that 64% of Americans consider the war “not worth it”; among them, 87% of Democratic voters, 37% of Republican voters, and 68% of independent voters hold this view. (Jin10)
4 minutes ago
Tom Lee: South Korean stock market may be in the final stage of bottoming out
Chairman Tom Lee of Bitmine, the largest Ethereum treasury company, posted a statement saying that given South Korean policymakers have begun showing "panic", South Korea's stock market may be in the final stage of bottoming out. He cited the view of David Tepper, founder of Appaloosa and a well-known fund manager, stating: "When policymakers start panicking, the market stops panicking."
4 minutes ago
FTX’s fifth round of compensation payments has been deposited into creditors’ accounts.
FTX creditor representative Sunil announced in a post that FTX’s creditor distributions have been deposited into creditors’ accounts. Earlier reports noted FTX will launch its fifth round of creditor compensation on July 31, with plans to disburse roughly $900 million to creditors in the "Convenience" and "Non-Convenience" categories under the firm’s restructuring plan. With this round of distributions, the FTX Recovery Trust’s total compensation disbursements since FTX filed for bankruptcy in November 2022 will reach approximately $10 billion.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Trump’s approval rating has dropped to its lowest level since his second term.
Political analyst Nate Silver said that due to the ongoing unpopular Iran war and surging natural gas prices, President Trump’s approval rating has dropped to its lowest point since his second term this month. He noted, “The timing aligns closely with the rebound in natural gas prices and the resumption of hostilities in Iran.” As the war nears its sixth month, data from the American Automobile Association (AAA) shows that as of Friday morning, the average U.S. gasoline price stood at around $4.11 per gallon, up from roughly $3.15 a year ago. According to polling averages from Decision Desk HQ, Trump’s overall average approval rating was 40.6% as of Friday morning, while his average disapproval rating reached 57.5%. A Quinnipiac University poll found that 60% of U.S. voters oppose the war, the highest opposition rate recorded since the conflict began on February 28. Nearly three-quarters of Americans said they oppose deploying U.S. troops to Iran. An AP-NORC poll also showed that 64% of Americans consider the war “not worth it”; among them, 87% of Democratic voters, 37% of Republican voters, and 68% of independent voters hold this view. (Jin10)
5 minutes ago
Tom Lee: South Korean stock market may be in the final stage of bottoming out
Chairman Tom Lee of Bitmine, the largest Ethereum treasury company, posted a statement saying that given South Korean policymakers have begun showing "panic", South Korea's stock market may be in the final stage of bottoming out. He cited the view of David Tepper, founder of Appaloosa and a well-known fund manager, stating: "When policymakers start panicking, the market stops panicking."
5 minutes ago
FTX’s fifth round of compensation payments has been deposited into creditors’ accounts.
FTX creditor representative Sunil announced in a post that FTX’s creditor distributions have been deposited into creditors’ accounts. Earlier reports noted FTX will launch its fifth round of creditor compensation on July 31, with plans to disburse roughly $900 million to creditors in the "Convenience" and "Non-Convenience" categories under the firm’s restructuring plan. With this round of distributions, the FTX Recovery Trust’s total compensation disbursements since FTX filed for bankruptcy in November 2022 will reach approximately $10 billion.
5 minutes ago
OpenAI: Over 1 Billion Active Users, to Cut AI Costs via Full-Stack Development
OpenAI stated in a post that the value of AI infrastructure lies not in scale itself, but in delivering more powerful intelligence to more users at lower cost. The company is building a full ecosystem spanning infrastructure, models, platforms, and products, driving adoption growth via more powerful models, then using revenue, real-world feedback, and demand data to support next-generation research and infrastructure investments. OpenAI yesterday cut prices for GPT-5.6 Luna by 80%, bringing its input and output costs to $0.20 and $1.20 per million tokens respectively; GPT-5.6 Terra saw a 20% price reduction, with costs set at $2 and $12 per million tokens for input and output respectively. GPT-5.6 Sol’s Fast mode boosts processing speed by up to 2.5 times while maintaining the same intelligence level, priced at twice the cost of its standard mode. The company noted that GPT-5.6 Sol has helped optimize model production service software, reducing end-to-end service costs by 20% and boosting speculative decoding efficiency by over 15%. Currently, OpenAI’s models serve over 1 billion active users and more than 2 million enterprises. Its goal is not merely to build more computing power or larger models, but to deploy appropriate capacity based on credible demand, making useful intelligence more powerful, more affordable, and accessible to a broader user base.
5 minutes ago
After the unlock of HYPE team tokens, the team has cashed out a total of about $165 million. During the same period, the assistance fund spent roughly $364 million to repurchase HYPE.
According to MLM monitoring, since unlocks for the HYPE team’s tokens launched in December 2025, 4.93 million HYPE tokens have been allocated to team members. At current prices, this allocation is worth roughly $270 million, representing 0.493% of the total token supply. Of these tokens, 1.19 million have been sold on public markets, netting $32.5 million in proceeds; another 3.14 million HYPE tokens were transferred to over-the-counter (OTC) trading platforms, valued at approximately $132 million at the time of transfer. In total, around 4.33 million HYPE tokens have been sold for about $165 million, translating to an average monthly sell volume of 540,000 HYPE tokens worth roughly $20.6 million. Over the same period, the aid fund has cumulatively repurchased 9.8 million HYPE tokens for a total of $364 million, averaging 1.23 million HYPE tokens repurchased monthly at a value of around $46 million. This repurchase pace is more than twice the sell rate of current and former team members.
Not all governance tokens are created equal—and this month’s developer activity rankings make that starkly clear. Curve Finance grabbed the top spot on both Ethereum and Arbitrum, showing a double-barreled commitment that few competitors matched. The fresh data came from the Santiment update, which tracks GitHub activity across the most prominent governance projects in crypto.
Curve’s twin first-place finishes—marked with green up arrows—signal that work continues steadily across its multi-chain deployments. Meanwhile, Radworks slipped to third after holding a higher spot last month. API3 climbed into fourth, and Reserve Protocol dropped to fifth. Further down the list, Alchemix and Sperax moved up, while Terra Classic and Ampleforth fell. Frax held steady at eighth.
Why GitHub commits matter for governance tokens Santiment’s methodology pulls real activity from project repositories, filtering out noise like routine maintenance or forked code. For governance tokens, where voting power often correlates with protocol longevity, consistent development is a crucial signal. It can separate projects that are genuinely iterating from those coasting on old narratives. Curve topping both Ethereum and Arbitrum versions suggests the automated market maker isn’t slowing its technical push, even as DeFi total value locked remains well below peaks. In a market where developer activity metrics have become a key signal, recent rankings of the top blockchains by developer activity underscore just how much weight traders now place on what builders actually ship.
For governance token holders, this kind of data provides a layer of due diligence beyond price charts. A rising ranking means core contributors are actively working on protocol upgrades, security patches, or new features. A falling one can indicate waning interest or internal drift. It does not guarantee token appreciation, but it changes the conversation around fundamentals.
Who’s rising and who’s losing ground Radworks losing its grip on second place introduces questions about whether RAD’s treasury-backed funding model is translating into sustained code output. Terra Classic’s continued slide fits a longer pattern of reduced activity on a chain that carries heavy baggage. By contrast, Alchemix and Sperax clawing higher shows that even smaller governance tokens can show signs of life when treasury funders keep shipping.
What remains uncertain is how much any of this GitHub activity moves markets in real time. Governance tokens often trade more on protocol revenue, fee switches, or airdrop speculation than on commit counts. Still, the direction of travel matters. Projects that consistently climb the development ranks tend to be the ones with enough runway and contributor engagement to survive down cycles.
For now, the takeaway from Santiment’s governance screener is that Curve’s developer presence is unusually broad, and that’s exactly the sort of detail governance-focused allocators will want to track into the second half of the year.
AUTHOR
Former SAP Finance consultant turned blockchain enthusiast, bringing expertise to the decentralized world. With a strong focus on decentralized systems, cryptocurrencies, and emerging innovations, Aisshwarya constantly stays updated on the latest trends and developments in the blockchain space. Through insightful analyses and thoughtful commentary, Aisshwarya aims to educate and inspire others to explore the potential of blockchain, offering valuable perspectives on its impact on the future of finance, security, and beyond.
Is ETH about to drop toward $1,500 or even lower again?
The largest altcoin by market cap rode the recent minor bullish wave in the cryptocurrency market, surging from just over $1,500 to almost $2,000 to mark a multi-month peak.
However, it stalled there as it couldn’t breach that psychological level. Moreover, the same technical tool that predicted the substantial revival has now flipped bearish.
Is ETH in Trouble? According to Ali Martinez, the TD Sequential, a metric used to determine the underlying asset’s potential exhaustion moves in either direction, has been quite successful in determining ETH’s trend reversals. Back in early July, when Ether slumped to a multi-year low at around $1,520, it flashed a buy signal. This was followed by a major monthly rally that drove ETH to $1,980 last week.
As mentioned above, though, the asset’s run was halted at that level, and the TD Sequential is hinting at further trouble ahead. Martinez noted earlier today that the indicator has flipped to a sell signal and suggested that investors might consider taking some profits off the table.
Another popular analyst going by the X handle Crypto Lens shared a similar opinion. They noted that Ethereum has stuck between $1,860 and $1,955 for a reason, as the bull trap is “just getting started.” They added that a run to the $2,000 resistance will be followed by the “real capitulation.”
Crypto Lens’ scenario envisions a week or so in consolidation below that level before the final leg down begins and drives the asset south to somewhere between $1,400 and $900. Once it cleanses the weak hands, ETH’s next bull run can begin, and the analyst’s target is a big one – $7,000.
Not Good Against BTC Crypto Rover also weighed in on the altcoin’s performance but focused on the trading pair against BTC. He outlined a chart that shows ETH has been charting new lower highs and lower lows for the past year. It began with a local peak at 0.04 marked last October, before Ethereum gradually lost a lot of traction that culminated with a drop to $0.025 in June.
You may also like: Bitcoin, Ethereum Outperform Markets in July as Chip Stocks Plunge 22% Ethereum Could Hit $20K as Multi-Year BTC Base Completes: Analyst Nobody Wants to Unstake Ethereum Anymore: Here’s Why It’s a Big Deal It outperformed the market leader in the past month, jumping to 0.03. However, Crypto Rover believes another rejection is coming, which could drag it south to a fresh multi-year low of under 0.0235.
I’m sorry, bulls.$ETH vs $BTC keeps forming lower highs, and the latest rally is already losing momentum.
The same thing happened last time before ETH/BTC fell to a new low. pic.twitter.com/Si09I1gfIN
Ethereum traded in a range between $1,840 and $1,953 over the last two weeks, with its current price near $1,908. The network’s staking rate increased from 33.44% to 33.90%, indicating a steady lock-up of assets within the protocol.
Binance stablecoin netflow plunges across all baselinesBinance, widely recognized as the main venue for Ethereum stablecoin settlement, experienced one of the most notable shifts in liquidity, according to data tracked from 148 market indicators. Ethereum’s stablecoin netflow on Binance declined sharply by 518% over the past week. On a monthly basis, the drop reached 347%, while the quarterly decline stood at 728%—one of the deepest reversals observed in recent months.
This significant reduction in stablecoin flows suggests a notable change in Ethereum’s on-exchange market structure. Market analysts who monitor liquidity closely regard Binance trends as early signals for broader movements, since large flow shifts often begin there before extending to other platforms.
The scale of the shift on Binance comes as part of a broader realignment and has raised caution among traders. Some view the movement as a potential warning, given that such abrupt changes are typically accompanied by similar trends on other exchanges.
Binance remains the deepest venue for Ethereum stablecoin settlement, and its order book is monitored for early signals of market repositioning. The breadth of this netflow decline marks a rare move that may foreshadow wider shifts across the sector.
Exchange flows, Coinbase premium, and whale activityAggregate exchange netflow for Ethereum has remained negative on most recent days. In parallel, the Coinbase premium index has fallen to negative 0.12, reflecting softer US spot demand relative to global markets. Historically, this divergence has led to short-term price consolidation for major assets like Ethereum.
On the network side, weekly transaction fees burned rose by 48%. Despite this uptick, fees are still about 54% under the 90-day average, suggesting that overall activity has yet to fully rebound. Meanwhile, flows from major holders have also slowed, with both inflows and outflows among the top ten addresses down across weekly, monthly, and quarterly periods.
Reduced participation from large holders is often interpreted as dwindling short-term interest and a lower appetite for repositioning among whales. This trend adds to the cautiously transitional environment observed across Ethereum markets.
Technical outlook and key resistance levelsFrom a technical standpoint, Ethereum recently filled the fair value gap between $1,954 and $1,892. Although the price has been recovering from the June lows, analyst Crypto Patel describes the larger timeframe structure as bearish until critical resistance is reclaimed. The current rally is now testing a previously respected bearish order block.
A daily close above $2,150 would be necessary to confirm a bullish reversal in Ethereum’s structure. If the asset fails to reclaim that level, further downside toward $1,700 or even $1,500 remains possible.
The $2,046 to $1,975 range is seen as the main bearish order zone on the daily chart. As long as Ethereum trades below $2,150, the current recovery is not viewed as a confirmed market reversal.
Market participants are closely monitoring this zone for Ethereum’s next decisive move. A drop below present support could expose the asset to deeper liquidity targets further down.
Given the pivotal nature of these technical levels, heightened attention to liquidity tools has become apparent. Platforms such as 1stepSwap have emerged to streamline access to both traditional and blockchain-based assets, letting users acquire shares of top US companies and commodities like gold and silver directly through their wallets. The platform’s standout capability lies in sourcing the most favorable market rates at any moment, enabling efficient trades in leading stocks while providing portfolio diversification—all with a simplified user experience and no intermediaries involved.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Japan-listed Quantum Solutions has sold another 1,000 Ethereum (ETH) worth approximately $1.9 million as it continues shifting its focus from crypto accumulation to artificial intelligence infrastructure. Moreover, the latest transaction marks another step in the company’s plan to convert its Ethereum treasury into high-performance AI computing hardware. Even as it records a loss on the sale, the company proceeds.
Ethereum Treasury Shrinks as AI Expansion AcceleratesThe sale was completed on July 30 through the company’s Hong Kong subsidiary, GPT Pals Studio, at an average price of about $1,903 per ETH. Quantum expects to record a loss of roughly $100,000 from the transaction.
The proceeds will fund the purchase of Nvidia B300 and GB300 GPU systems, which are expected to power a new AI data center in Japan. Furthermore, the project follows a Memorandum of Understanding signed with Integrated Capital on June 1, 2026. The goal is to jointly develop AI infrastructure capable of supporting large language models and other compute-intensive applications.
From Crypto Accumulation to AI InvestmentQuantum Solutions was once Japan’s largest publicly listed Ethereum treasury company. After purchasing more than 2,000 ETH in October 2025, the company steadily increased its holdings to 6,668.8 ETH by early June 2026.
However, the strategy has changed over the past two months. Since mid-June, Quantum has sold 1,904 ETH, representing nearly 29% of its previous holdings. Additionally, most of those tokens were acquired during late 2025 when Ethereum traded above $4,000. So, recent sales have been executed well below the company’s purchase price.
The latest divestment also pushed Quantum below Def Consulting in corporate Ethereum holdings. This ended its position as Japan’s largest publicly traded ETH treasury.
More ETH Sales Could FollowDespite the latest sale, Quantum still owns around 4,765 ETH, currently valued at nearly $9.2 million. Furthermore, the company has increased its authorized sales limit to 4,375 ETH through October 30. This indicates that additional sales remain possible.
At the same time, around 3,050 ETH remains pledged as loan collateral in Singapore. Meanwhile, another 1,714.8 ETH is held in GPT Pals Studio’s trading account. Any further sales may require the company to release or restructure part of those pledged holdings.
A High-Stakes ShiftRather than treating Ethereum as a long-term treasury asset, Quantum is using its crypto holdings as funding for AI infrastructure. The strategy reflects a bet that future revenue from AI data centers will generate stronger returns than simply holding ETH.
However, the decision also carries risk, as GPU hardware depreciates over time. Moreover, Ethereum could recover sharply if the broader crypto market rebounds. For now, Quantum appears committed to prioritizing AI expansion over growing its Ethereum treasury.
Story Ends Here
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Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) trade near key technical levels on Friday as the broader cryptocurrency market pauses following last week's recovery. BTC is approaching the 50-day Exponential Moving Average (EMA) while ETH continues to consolidate between two major EMAs. Meanwhile, XRP holds above key support, the technical indicators of these three cryptocurrencies suggest that the next major move could be driven by a breakout or breakdown from current levels.
Bitcoin nears the 50-day EMABitcoin price trades at $64,282, keeping a bearish near-term tone as it holds below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), which all sit overhead as a layered cap. The Relative Strength Index (RSI) hovers around the neutral 50 line. At the same time, the Moving Average Convergence Divergence (MACD) remains in negative territory, suggesting weak momentum that so far fails to challenge the dominant overhead EMA structure.
On the topside, initial resistance is seen at the 50-day EMA near $64,916, followed by the 100-day EMA around $67,476 and the 200-day EMA near $73,267 before the major horizontal barrier at $84,410.
On the downside, immediate support emerges at the horizontal level around $64,004, where a sustained break lower would expose further weakness beyond the current charted levels.
Ethereum trades sideways between the 50-day and 100-day EMAsEthereum price trades at $1,903 on Friday, consolidating in a neutral stance between its short- and medium-term trend markers. ETH holds above the 50-day exponential moving average (EMA) at $1,850, suggesting nearby dip-buying interest, but remains capped beneath the 100-day EMA at $1,933, keeping the broader recovery in check.
The RSI hovers around 56, hinting at mild bullish momentum, while the MACD sits below the zero line, suggesting lingering downside risk despite the ongoing stabilization.
On the topside, initial resistance is seen at the 100-day EMA near $1,933, followed by the psychological barrier at $2,000, while the 200-day EMA higher at $2,159 forms a more strategic hurdle if bulls regain control.
On the downside, immediate support emerges at the 50-day EMA around $1,850, with a deeper safety net only near the horizontal support zone at $1,385, where a break would significantly deteriorate the medium-term structure.
XRP steadies above key $1 support zoneXRP price trades at $1.079 on Friday. XRP remains under pressure as it holds below the 50-day EMA at $1.127, the 100-day EMA at $1.211, and the 200-day EMA at $1.405, keeping the broader bias bearish despite recent stabilization. The RSI at 44 signals only modest downside momentum, while the MACD line is marginally below zero and flattening, hinting at a weak but persistent bearish tone rather than an outright breakdown.
On the topside, initial resistance emerges at the 50-day EMA near $1.127, followed by the 100-day EMA around $1.211. Beyond that, a horizontal barrier sits near $1.300, before the 200-day EMA at roughly $1.405 and the more distant resistance zone at $1.900.
On the downside, the nearest notable support is the horizontal level at $1.000, where buyers previously defended the market, with a daily close below this floor likely opening the door to a deeper corrective phase.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Cryptocurrency metrics FAQs The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. On the other hand, circulating supply can also be decreased via actions such as burning tokens, or mistakenly sending assets to addresses of other incompatible blockchains.
Market capitalization is the result of multiplying the circulating supply of a certain asset by the asset’s current market value.
Trading volume refers to the total number of tokens for a specific asset that has been transacted or exchanged between buyers and sellers within set trading hours, for example, 24 hours. It is used to gauge market sentiment, this metric combines all volumes on centralized exchanges and decentralized exchanges. Increasing trading volume often denotes the demand for a certain asset as more people are buying and selling the cryptocurrency.
Funding rates are a concept designed to encourage traders to take positions and ensure perpetual contract prices match spot markets. It defines a mechanism by exchanges to ensure that future prices and index prices periodic payments regularly converge. When the funding rate is positive, the price of the perpetual contract is higher than the mark price. This means traders who are bullish and have opened long positions pay traders who are in short positions. On the other hand, a negative funding rate means perpetual prices are below the mark price, and hence traders with short positions pay traders who have opened long positions.
Ethereum (ETH) treasury Quantum Solutions said on Thursday that it is pivoting toward an AI infrastructure and data center business after selling 1,000 ETH for approximately $1.9 million. The sale was executed through the company's Hong Kong subsidiary, GPT Pals Studio Limited, according to disclosures. The transaction follows an earlier sale in recent weeks, bringing Quantum Solutions' total ETH divestments to 1,904 ETH.
Quantum Solutions downscales ETH treasury to support AI infrastructure businessThe company held 6,668.8 ETH at its peak in early June. Following the latest sale, its holdings have fallen to 4,765 ETH. The reduction also means Quantum Solutions has lost its position as Japan's largest corporate ETH treasury holder to Def Consulting, which holds approximately 4,976 ETH, according to Bitcoin Treasuries data.
Quantum Solutions stated that proceeds from the latest sale will be used to support its AI Infrastructure and Data Center (AIDC) business. The funds are expected to cover data center agreements, GPU equipment purchases and related working capital requirements as the company expands its high-performance computing operations.
The latest transaction was conducted at an average price of approximately $1,903 per ETH. Quantum Solutions expects to record a loss of around $100,000 on the sale as its average acquisition cost was approximately $3,595 per ETH earlier in the year.
The company has also increased the authorized limit for group-wide ETH sales. The cumulative ceiling was raised from 1,875 ETH to 4,375 ETH, allowing the company to conduct additional sales, with an October 30 deadline.
The company has not indicated that it plans to fully exit its ETH holdings. Instead, future sales are expected to depend on market conditions, funding requirements and the progress of its AIDC projects. The shift also comes as other companies continue to shift from crypto-focused treasury models due to the wider crypto market's weakness.
In February, ETHZilla pivoted from its Ethereum treasury strategy and rebranded as Forum Markets. The company said it would no longer rely on crypto holdings as the foundation of its business after shifting toward tokenized real-world assets (RWA). The rebrand followed the reported exit of Peter Thiel's Founders Fund from its position in the company.
ETH is trading at $1,906, down 0.2% over the past 24 hours at the time of writing.
Quantum Solutions, a Tokyo-listed technology company, has sold 1,000 Ether (ETH) for approximately $1.9 million, relinquishing its position as Japan’s leading corporate holder of Ether. The transaction was executed through its subsidiary, GPT Pals Studio, on July 30. The average sale price per Ether was $1,903, amounting to about 311 million yen.
Funds redirected to AI expansionProceeds from the Ether sale are allocated to Quantum’s AI Infrastructure Data Center segment. The investment will primarily support the purchase of GPU hardware, with a focus on high-performance chips such as Nvidia’s B300 and GB300, which are pivotal in advancing artificial intelligence operations.
Quantum has been building its AI technology business since June, citing the need for additional resources to support expanded computational workloads associated with its data center buildout.
Quantum Solutions earmarked the $1.9 million raised from the sale for new Nvidia GPUs to strengthen the infrastructure behind its AI data center business.
GPT Pals Studio has been active on the market, previously selling 904 ETH for around $1.6 million on June 16. Over less than two months, Quantum has liquidated a total of 1,904 ETH, about 29% of the 6,668.8 ETH it previously held. As a result, the company’s treasury has contracted by nearly 28.6% since mid-June.
Def consulting becomes top corporate Ether holderFollowing the transaction, Quantum now holds approximately 4,764.8 ETH. Def consulting, another publicly traded Japanese firm, currently owns 4,976 ETH, ascending to the largest corporate Ether holder in Japan.
Quantum has built up most of its Ether reserves during the late 2025 rally, when ETH traded between $4,000 and $4,500. Currently, the company’s remaining position is valued at roughly $9.1 million, with Ether trading near $1,906.
The recent sale is expected to result in a recorded loss of about $100,000, or 17 million yen. This cost will be recognized in the fiscal quarter ending February 2027.
Mini dictionary: Def consulting is a Japanese consulting firm involved in blockchain and digital asset management, known for actively acquiring and managing Ethereum reserves among public companies in Japan.
CompanyCurrent ETH HoldingsPrevious ETH HoldingsRecent ETH SaleQuantum Solutions4,764.86,668.81,904 ETH (since June 16)Def consulting4,976Not specifiedNone reportedFurther liquidations possible, but limits remainQuantum’s board increased the maximum amount of ETH available for sale, raising the limit from 1,875 ETH to 4,375 ETH. This brings an additional 2,471 ETH into a potential liquidation path until October 30, according to the company’s latest approval.
However, not all of Quantum’s Ether holdings are readily liquid. Approximately 3,050 ETH are pledged as collateral to a Singapore-based lender, while 1,714.8 ETH remain in GPT Pals Studio’s trading account. Therefore, even with authorization in place, the amount of freely available ETH falls short of the newly approved ceiling by more than 750 ETH. The company would need to unlock collateral or acquire more ETH to utilize the full limit.
Quantum’s future sales plans will depend on prevailing market prices and the ongoing capital demands of its AI data center project. Earlier this year, BitMEX co-founder Arthur Hayes also sold around 6,000 ETH at a loss as Ether prices fluctuated. On-chain data during that period showed that other major holders continued to increase their positions, despite short-term market volatility.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The fund belonging to the so-called "AI stock guru" sought to sell equity stakes in private companies this week to meet margin calls.
According to Bloomberg, Situational Awareness, an AI-themed hedge fund founded by 25-year-old Wall Street "AI stock guru" and former OpenAI researcher Leopold Aschenbrenner, attempted to sell some of its private company equity holdings this week to raise cash to meet a series of margin calls from lenders. People familiar with the matter stated that while seeking buyers for part of its positions, the struggling hedge fund approached multiple venture capital firms including Sequoia Capital and Greenoaks. Today’s reports further note that after Situational Awareness’s net value fell roughly 67% this month, it was forced to offload assets to Citadel and is now seeking new capital infusions.
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The Euro Stoxx 600 Index has surpassed the record closing high set on July 3.
According to Bitget's market data, the Euro Stoxx 600 index has broken the record closing high set on July 3.
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Kioxia's Q1 earnings miss market estimates, cooling expectations of a high boom in AI storage.
Japanese semiconductor firm Kioxia released its financial results today. The company’s net profit for the first quarter stood at 842.17 billion yen, up from 18.28 billion yen in the same period last year, but fell short of the market consensus estimate of 973.81 billion yen. Driven by sustained strong demand for NAND flash memory fueled by artificial intelligence (AI), Kioxia’s profit remains at a historic high. However, the underperformance against market expectations indicates that the AI-driven storage boom has already been fully priced in by the market, which may trigger a short-term cooling of investor sentiment. Going forward, attention should be paid to the company’s full-year performance guidance and the impact of NAND supply-demand dynamics on its profitability.
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Southern Asset Management has responded to market concerns, noting that its double-leveraged long position on SK Hynix is expected to maintain its double leverage.
Recently, CSOP’s 2x SK Hynix bull product has become a market focus due to sharp price swings. As of July 30, SK Hynix has fallen 49% from its June peak, while the net value of the 2x SK Hynix bull product has suffered a cumulative drawdown of over 80%, with its size shrinking by roughly HK$100 billion from HK$130 billion. After the Securities and Futures Commission (SFC) of Hong Kong released new rules last week, CSOP issued an announcement this Monday stating that starting August 3, all of its leveraged and inverse products linked to 12 popular overseas stocks including SK Hynix, Samsung Electronics, Tesla, and NVIDIA will fully switch to a "flexible leverage structure." This move has sparked investor skepticism, as if the manager actively reduces leverage, should SK Hynix rebound quickly afterward, the ETF’s net value recovery will slow significantly, and the payback period for investors who bought at high levels will be extended. On the evening of July 30, CSOP clarified in response to market questions about the product’s switch to the "flexible leverage structure" and potential leverage reduction, stating that under current market conditions, the product is expected to maintain a 2x leverage, and the fund manager will not make any active adjustments to the leverage multiple based on their own market judgment. CSOP emphasized that after the relevant changes take effect, it will release announcements regarding the target leverage multiple before each trading day opens. Taking this product as an example, the announcement will be issued after the close of trading on July 31, and investors are requested to pay close attention. (Source: 21st Century Business Herald)
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The Nikkei 225 Index closed up 4% today, with a cumulative decline of 8% so far this month.
According to Bitget market data, the Nikkei 225 index closed up 2,494.59 points on Friday, July 31, with a 4.03% gain, ending at 64,362.02 points. Chip stocks led the rally, while the Nikkei 225 has declined 8% cumulatively this month.
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South Korea's KOSPI index closed 18% higher today, while it has dropped 22% this month, notching the second-largest monthly decline in its history.
According to Bitget market data, South Korea’s KOSPI index closed up 1,001.88 points on Friday, July 31, surging 17.91% to end at 6,595.44 points, marking its largest single-day percentage gain in history. SK Hynix jumped 30% to hit its daily price limit, while Samsung Electronics rose nearly 27%, both setting new records for their respective single-day gains. This week, the index saw sharp volatility, triggering market-wide circuit breakers twice, and staged a violent 18% intraday rebound on the day. The index has fallen 22.4% so far this month, with its monthly decline second only to the 27.2% record set in October 1997, and has also dropped 30% from its June peak.
Another Friday has rolled around, and this one is the last of the month, meaning a much bigger Bitcoin and Ethereum options expiry event.
Around 149,000 Bitcoin options contracts will expire on Friday, July 31, with a notional value of roughly $9.57 billion. This expiry is much larger than usual events, being the end of the month, so it may induce spot market volatility.
Crypto markets have retreated slightly this week, with around $25 billion leaving the space following the Fed’s decision to leave rates unchanged and the resumption of military action between the US and Iran.
Bitcoin Options Expiry This week’s big batch of Bitcoin options contracts has a put/call ratio of 0.28, meaning that there are way more (call) contracts expiring compared to short (put) contracts. Max pain is around $64,000, which is pretty close to current spot prices, so many will be in the money on expiry.
Open interest (OI), or the value or number of Bitcoin options contracts yet to expire, remains highest at the $70,000 and $72,000 strike prices on Deribit, with $2.4 billion at each, but short sellers still have $1.3 billion in OI at $60,000. Total BTC options OI across all exchanges has risen over the past few weeks to $34.7 billion, according to Coinglass.
“Overall, macro and risk asset signals remain cautious. BTC continues to face short-term pressure, with market stabilization and renewed capital inflows being key signals to watch,” said Deribit this week.
“This creates massive liquidity and volatility, making it one of the best days to trade short-dated options,” the exchange added.
In addition to today’s big batch of Bitcoin options, around 433,000 Ethereum contracts are expiring, with a notional value of $825 million, a max pain of $1,800, and a put/call ratio of 0.59. Total ETH options OI across all exchanges is low at around $5.4 billion.
This brings the total notional value of crypto options expirations to around $10.4 billion, a substantial event.
Spot Market Outlook Crypto markets ticked up a little on Friday morning, with total capitalization tapping $2.3 trillion again, but the week has been one of slow losses.
You may also like: Bitcoin’s Weak Hands Are Folding – But Is One Final Flush Still Ahead? Bitcoin, Ethereum Outperform Markets in July as Chip Stocks Plunge 22% Bitcoin’s Next Bull Run Could Follow US Midterms: Analyst Bitcoin topped $65,000 in an intraday high early on Friday morning but was immediately rejected there and retreated to $64,325 at the time of writing.
The asset remains in consolidation, where it has been for the past two months. “BTC is at its lowest weekly volatility in two years,” observed analyst ‘Daan’.
Ether prices have also squeezed into a very tight range over the past few days, hovering around $1,900.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Kripto para piyasaları bugün son dönemin en büyük opsiyon vadelerinden biriyle karşı karşıya. Deribit verilerine göre, toplam 10,3 milyar dolar nominal değere sahip Bitcoin ve Ethereum opsiyon sözleşmeleri 08.00 UTC’de (TSİ 11.00) vadesini dolduracak.
Deribit verilerine göre bugün 149 bin Bitcoin opsiyon kontratı vadesini dolduracak. Bu sözleşmelerin toplam nominal değeri yaklaşık 9,57 milyar dolar seviyesinde bulunuyor.
Ay sonuna denk gelen bu büyük vade nedeniyle yatırımcılar, özellikle Bitcoin ve Ethereum fiyatlarında gün içi volatilitenin artıp artmayacağını yakından takip ediyor. Büyük ölçekli opsiyon vadeleri, piyasa yapıcıların pozisyonlarını yeniden dengelemesi nedeniyle zaman zaman sert fiyat hareketlerine zemin hazırlayabiliyor.
Bitcoin Tarafında 9,5 Milyar Dolarlık Opsiyon Vadesi Deribit’in paylaştığı verilere göre bugün yaklaşık 9,5 milyar dolar nominal değere sahip Bitcoin opsiyon sözleşmesi vadesini dolduracak.
Bitcoin opsiyonlarında put/call oranı 0,28 seviyesinde bulunuyor. Bu oran, vadesi dolacak alım (call) opsiyonlarının satım (put) opsiyonlarına kıyasla belirgin şekilde daha fazla olduğunu gösteriyor.
Bitcoin için belirlenen max pain seviyesi ise 64.000 dolar olarak açıklandı. Max pain, opsiyon sözleşmelerinin vade sonunda en fazla yatırımcının zarar ettiği teorik fiyat seviyesi olarak tanımlanıyor. Bu seviye kesin bir fiyat hedefi olmasa da opsiyon yatırımcıları tarafından yakından takip ediliyor.
Coinglass verilerine göre tüm borsalardaki toplam Bitcoin opsiyon açık pozisyonu (Open Interest) son haftalarda 34,7 milyar dolara yükseldi. Deribit’te en yüksek açık pozisyon ise 70 bin dolar ve 72 bin dolar kullanım fiyatlarında bulunuyor. Her iki seviyede de yaklaşık 2,4 milyar dolarlık açık pozisyon yer alırken, 60 bin dolar kullanım fiyatında yaklaşık 1,3 milyar dolarlık satım yönlü açık pozisyon bulunuyor.
Ethereum’da 819,3 Milyon Dolarlık Sözleşme Sona Eriyor Ethereum tarafında ise yaklaşık 819,3 milyon dolar nominal değere sahip opsiyon sözleşmesi bugün sona erecek.
Ethereum opsiyonlarında put/call oranı 0,59 olarak hesaplanırken, max pain seviyesi 1.800 dolar olarak açıklandı.
Bitcoin ve Ethereum birlikte değerlendirildiğinde, bugün vadesi dolacak opsiyon sözleşmelerinin toplam nominal büyüklüğü 10,3 milyar dolara ulaşıyor. Bu da günü son haftaların en dikkat çeken türev piyasası gelişmelerinden biri haline getiriyor.
Deribit Volatilite Uyarısı Yaptı Deribit, bu hafta yayımladığı değerlendirmede büyük opsiyon vadelerinin piyasada hem likiditeyi hem de kısa vadeli fiyat oynaklığını artırabileceğini ifade etti. Borsa ayrıca makroekonomik görünümün temkinli kalmaya devam ettiğini, Bitcoin’in kısa vadede baskı altında olduğunu ve piyasanın yeniden güç kazanması için sermaye girişlerinin kritik önem taşıdığını vurguladı.
Şirkete göre bu büyüklükteki vade günleri, özellikle kısa vadeli opsiyon işlemleri yapan yatırımcılar için en hareketli işlem dönemlerinden biri olarak öne çıkıyor. Artan işlem hacmi ve pozisyon kapatmaları, spot piyasada da ani fiyat hareketlerine neden olabiliyor.
Opsiyon Vadesi Neden Önemli? Opsiyon sözleşmelerinin vade günü yaklaşırken piyasa yapıcılar ve büyük yatırımcılar mevcut pozisyonlarını kapatabiliyor veya yeniden dengeleyebiliyor. Bu süreç, özellikle yüksek nominal değere sahip vadelerde Bitcoin ve Ethereum fiyatlarında kısa süreli dalgalanmaları beraberinde getirebiliyor.
Bu nedenle yatırımcılar yalnızca spot fiyatı değil, put/call oranı, max pain seviyesi ve açık pozisyon dağılımı gibi türev piyasa göstergelerini de yakından izliyor.
Yaklaşık 10,3 milyar dolarlık opsiyon sözleşmesinin aynı gün vadesini dolduracak olması nedeniyle yatırımcılar, gün içindeki fiyat hareketlerini yakından izleyecek. Vade sonrası oluşacak fiyatlamalar, kısa vadeli piyasa yönüne ilişkin önemli sinyaller verebilir.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Ethereum (ETH) trades sideways between the $1,850 and $1,930 range on Friday as bulls and bears battle for control between key Exponential Moving Averages (EMAs). Institutional demand continues to support ETH, with Exchange Traded Funds (ETFs) recording inflows so far this week, pointing to the fourth week of positive flows. Meanwhile, escalating geopolitical tensions in the Middle East are keeping risk appetite in check, limiting ETH's upside.
Institutional demand supports ETHInstitutional demand shows mild signs of improvement so far this week. SoSoValue data shows that US-listed spot ETH ETFs have recorded an inflow of $18.39 million through Thursday. If Friday shows positive flow, ETH is about to enter its fourth week of steady inflows. These positive flows suggest institutional investors are gradually returning to the market, which could support ETH.
Total Ethereum spot ETF net inflow weekly chart. Source: SoSoValueEscalating US-Iran tensions keep inflation risksTraders continue to price in the possibility of further policy tightening as inflation risks are amplified by rising geopolitical tensions in the Middle East. The ongoing US-Iran conflict has fueled volatility in crude Oil prices, with concerns centered on potential disruptions surrounding crucial shipping chokepoints – the Strait of Hormuz and the Bab el-Mandeb.
In the latest developments, the US military announced it had completed a heavy wave of strikes against Iran, in response to Iranian missile attacks on its forces in the Middle East. Meanwhile, Iran rejected Oman's plan for a 50-50 joint management, which would see Tehran partially control the Strait of Hormuz and collect voluntary fees for using the waterway.
On the other hand, Saudi Arabia is building an international coalition to protect key shipping routes in the Bab al-Mandab Strait, the Red Sea, and the Gulf of Aden from repeated attacks by Yemen's Houthi militias. This raises the risk of a wider regional conflict, keeping the geopolitical risk premium in play and supporting crude oil prices. Investors remain worried that rising energy prices would revive inflationary pressure and force the Federal Reserve (Fed) to adopt a hawkish stance, which in turn would dampen risk appetite and risky assets such as ETH.
Ethereum technical outlook: Fading bearish pressureEthereum price has fallen slightly so far this week, trading around $1,907 at the time of writing on Friday after extending four consecutive weeks of gains since the end of June. ETH price trades below the key Simple Moving Averages (SMAs) on the weekly chart, highlighting a broader bearish trend, but it has broken above a falling parallel channel (drawn by joining multiple highs and lows since mid-August 2025) in mid-July, suggesting that bullish momentum is beginning to emerge.
If ETH continues its recovery, it could extend the advance toward the 200-week SMA at $2,481.
Momentum indicators on the weekly chart show mild signs of easing bearish sentiment. The Relative Strength Index (RSI) is trending higher toward the neutral 50 level, with a reading of 42 on Friday. Meanwhile, the Moving Average Convergence Divergence (MACD) flipped to a bullish crossover in early July, which remains intact, supporting a positive outlook.
However, if ETH corrects, it could extend the decline toward the key support level around $1,511.
ETH/USDT weekly chartOn the daily chart, Ethereum is consolidating in a neutral stance between its short- and medium-term moving averages. ETH holds above the 50-day Exponential Moving Average (EMA) at $1,850, suggesting nearby dip-buying interest, but remains capped beneath the 100-day EMA at $1,933, keeping the broader recovery in check.
The RSI hovers around 55, hinting at mild bullish momentum, while the MACD histogram in negative territory suggests lingering downside risk despite the ongoing stabilization.
On the topside, initial resistance is seen at the 100-day EMA near $1,933, followed by the psychological barrier at $2,000, while the 200-day EMA higher at $2,159 forms a more strategic hurdle if bulls regain control.
On the downside, immediate support emerges at the 50-day EMA around $1,850, with a deeper safety net only near the horizontal support zone at $1,385, where a break would significantly deteriorate the medium-term structure.
ETH/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Leading cryptocurrencies staged a sharp recovery alongside stocks on Thursday, reversing a Federal Reserve-driven sell-off the day before.
Crypto Market ReboundsAfter a brief lull, Bitcoin pushed back above $65,000. Ethereum, meanwhile, continued to wrestle with bears near the $1,930 level
Nearly $200 million was liquidated from the cryptocurrency market in the last 24 hours, th bearish short traders taking the biggest hit, according to Coinglass data
Bitcoin’s open interest rose 2.25% over the last 24 hours, aligning with the spike in spot prices. The total cryptocurrency buy orders broadly matched the market sells, indicating equilibrium between market forces.
Despite the gains, "Extreme Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.19 trillion, representing a 1.04% increase over the last 24 hours.
Stocks Also Claw BackThe Dow Jones Industrial Average jumped 613.92 points, or 1.2%, to end the day at 52,208.06. The S&P 500 rallied 1.7% to settle at 7,437.63, while the tech-heavy Nasdaq Composite lifted 2.8% to settle at 25,122.18.
Meanwhile, geopolitical tensions remained elevated. The U.S. military rejected Iran’s claim that three F-35 fighter jets were destroyed in a recent missile attack on an American base in Jordan, adding that all the projectiles were intercepted.
‘Don’t Fear a Drop to $60,000’Ali Martinez, a widely followed cryptocurrency analyst and trader, said a Bitcoin drop to $60,000 would not be unwelcome, as it could complete an inverse head-and-shoulders pattern.
The inverse head and shoulders pattern is a bullish reversal pattern, indicating exhaustion of a prolonged downturn.
“A confirmed breakout above $66,500 would then put $74,000 in play,” the analyst added.
Michaël van de Poppe, another prominent cryptocurrency influencer, flagged $1,975 as a key resistance for Ethereum, projecting a swift move to $2,300 upon breakout.
Photo: Memory Stockphoto / Shutterstock
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UNUS SED (LEO) has quietly secured its place among the world’s largest cryptocurrencies with a market capitalization of nearly $9 billion. This makes it the 11th-largest crypto asset. Yet, unlike Bitcoin, Ethereum, Solana, or XRP, LEO rarely trends on social media or dominates headlines. Its quiet presence comes down to its unique purpose. Specifically, it was built as a utility token for the iFinex ecosystem, not as a retail-focused investment asset.
Created to Solve an $850 Million CrisisLEO was launched in 2019 after iFinex, the parent company of Bitfinex and closely associated with Tether, lost access to approximately $850 million. This sum had been held by payment processor Crypto Capital.
Instead of launching a public ICO, iFinex privately sold 1 billion LEO tokens. In the process, they raised around $1 billion to strengthen its balance sheet. Since the token never went through a public fundraising campaign, it also never built the retail community that many major cryptocurrencies enjoy today.
Why It Receives So Little AttentionLEO operates very differently from traditional altcoins.
It functions primarily as an exchange utility token, with a large portion of its supply held by major holders rather than actively traded in the public market. As a result, LEO records relatively low trading activity compared to other top-ranked cryptocurrencies. This occurs despite LEO maintaining a multi-billion-dollar valuation.
Unlike meme coins or DeFi projects, LEO has almost no community-driven hype, NFT ecosystem, or speculative culture. This fact explains why it rarely becomes a trending topic.
Built for the Bitfinex EcosystemLEO is designed to provide benefits across the iFinex ecosystem, including Bitfinex.
Token holders receive:
Trading fee discountsLower lending costsReduced withdrawal feesPriority access to selected platform servicesOriginally, 64% of LEO’s supply was issued on Ethereum, while the remaining 36% launched on EOS. Following the EOS network rebrand, the EOS-based tokens migrated to the Vaulta blockchain in 2025.
A Deflationary Token With No Unlock ScheduleUnlike most cryptocurrencies, LEO has no token unlock events.
Instead of new supply entering the market, the circulating supply steadily decreases through Bitfinex’s aggressive buyback-and-burn program.
Under its whitepaper, iFinex allocates at least 27% of its consolidated gross revenue every month to repurchase LEO from the market before permanently burning those tokens. This process will continue until the token supply is eventually eliminated.
So far, roughly 79.9 million LEO have already been burned, leaving a circulating supply of about 920 million tokens.
LEO is currently trading around $9.77.
Story Ends Here
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The latest crypto regulation news is forcing investors to distinguish liquid assets from smaller tokens struggling for capital. Enforcement actions, payment-access disputes, prediction-market cases, and delayed US legislation are shaping July activity.
ETH, XRP, HYPE, and MemeToro offer different responses: institutional scale, payment utility, decentralized trading revenue, and open-source presale development.
Ethereum Benefits From Institutional Products And Accumulation Morgan Stanley’s new Ethereum Trust gives traditional investors regulated ETH exposure with planned staking rewards. The product arrived while corporate treasuries continued removing Ether from the open market.
BitMine reportedly holds about 5.7 million ETH, equal to roughly 4.7% of circulating supply. SharpLink also purchased 39,196 ETH over three days for approximately $62.4 million.
The August base case places ETH around $1,900 to $2,100, with a bullish path above $2,500.
The latest crypto regulation news matters because regulated trusts and clearer staking treatment could expand demand. ETH still faces support risk between $1,527 and $1,700.
XRP’s Payment Narrative Depends On Clearer Rules XRP traded around $1.10 to $1.15 during early July snapshots. Forecasts place its mid-cycle target between $2 and $2.50, with a bullish scenario of $3 to $4.
Institutional adoption and payment-network growth support that outlook. Regulatory clarity remains central because XRP’s long history of US enforcement disputes has shaped exchange availability and investor confidence.
The latest crypto regulation news could reduce part of that uncertainty if lawmakers clarify digital-asset classifications.
XRP offers greater liquidity than smaller payment tokens, giving it an advantage when capital becomes selective.
Hyperliquid Struggles Below $55 Price Level HYPE traded around $73 to $76 in one June analysis, with support near $70 to $68 and resistance between $76 and $74.
HIP-3 adoption and USDH margin integration support an average 2026 forecast near $56.92. A move above $64 could open a route toward $70 to $76, while a successful HIP-4 prediction-market rollout may strengthen the bullish case.
HYPE still faces monthly unlocks of about 1.2 million tokens for team members and early backers. Organic demand and buybacks must absorb that supply.
Prediction-market regulation makes the latest crypto regulation news directly relevant to Hyperliquid’s future products.
MemeToro Uses Public Development To Address Buyer Concerns MemeToro is smaller and less liquid than ETH, XRP, or HYPE. Its July momentum comes from development entering the public stage.
Coinsult is building the platform architecture, smart contracts, ERC-8004 integration, and launch-manifest system. The contracts remain unfinished and unaudited.
MemeToro’s reader-focused benefits include:
Public GitHub development Hourly AI launch proposals Fixed-rate funding Wallet contribution limits Automatic liquidity creation Verifiable token distribution These features could help users assess launches more clearly, particularly as the latest crypto regulation news increases demand for transparency.
Smaller Tokens Face A Liquidity Disadvantage Regulatory uncertainty tends to concentrate capital in assets with deeper markets, established custody, and clearer products.
ETH benefits from institutional trusts and corporate holdings. XRP retains a recognized payment narrative, while HYPE generates decentralized trading activity.
MemeToro has raised $87,351.66 during Stage 5, which is 71.02% filled. $MT costs $0.00285, compared with the planned $0.01875 launch price.
The scheduled difference cannot overcome weak liquidity if development or adoption fails. MemeToro must complete its testnet contracts and security review before its open-source design becomes an operating advantage.
The latest crypto regulation news rewards projects that can document what their tokens do. MemeToro is building that record early, while ETH, XRP, and HYPE already have measurable markets.
The latest crypto regulation news also shows that transparency alone is insufficient. Liquidity, execution, and regulatory adaptation will decide which assets preserve July momentum.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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It has been 11 years since the network behind the world's largest altcoin launched. Here's what happened since.
Ethereum’s (ETH) genesis block turned 11 on July 30, closing quite a busy year. The network now runs on a 60 million gas limit, double where it sat two years ago, with rollups carrying roughly 95% of its transactions.
On the morning of the anniversary, blocks were landing about 229 transactions each, close to 21 per second on the base layer, and running 55% full. The base fee sat near 5.3 gwei, which works out to about $0.20 for a plain ETH transfer, $0.52 for an ERC-20 transfer, and $3.79 for a swap, according to data from Etherscan.
Scaling and ETFs The fund wrappers arrived alongside the scaling. Morgan Stanley began trading the cheapest US ether ETP at a 0.14% expense ratio on Tuesday, staking 50% to 80% of its holdings and passing the rewards through.
Likewise, BlackRock’s ETHB holds spot ETH and stakes a portion of it, the firm’s first crypto fund to do so. Both lean on Revenue Procedure 2025-31, the safe harbor letting exchange-traded products stake and distribute rewards without a separate tax charge.
Two upgrades are queued for this year: Glamsterdam and Hegotá. The 2026 protocol roadmap sets three tracks – scaling, user experience, and hardening the base layer – and targets a gas limit beyond 100 million per block, and names post-quantum readiness a consideration across protocol development.
Despite all of this, it has been a painful year for the native token. ETH traded at $1,920 on July 30, down 49% over the 12 months to the anniversary and 61% below the $4,946 record it set on August 24, 2025. Its market capitalization stood at $231 billion across 120.7 million coins, second behind Bitcoin.
Two Directors Out in Five Months The network had some interesting developments, and the overall project managed to thrive, despite all the duress the Ethereum Foundation (EF) went through recently.
You may also like: Why Is Lido Moving $16B in Staked ETH to Pectra-Era Validators? Ethereum Could Hit $20K as Multi-Year BTC Base Completes: Analyst Tom Lee’s Bitmine Keeps Buying Ethereum, Treasury Nears 5.8 Million ETH Around 54 colleagues had departed, close to 20% of its workforce, and reorganized what remained into five clusters covering the protocol, access, user, community and institutional layers, plus operations and management.
Investor Ryan Berckmans, an eight-year figure in the community, attributed the wider wave of exits to disagreements over sub-strategies. He said confidence in the network itself was not the reason. Researchers Carl Beek, Julian Ma, Barnabé Monnot, Tim Beiko, Trent Van Epps and Josh Stark all left during the same stretch.
Tomasz Stańczak stepped down as co-executive director on February 13, effective immediately, with Bastian Aue named interim co-executive director. The board said Stańczak left “after extensive contributions to the Foundation’s mission and operations.”
Hsiao-Wei Wang resigned as co-executive director and board member in June, writing that she had decided to step down “after my sabbatical.” That leaves Vitalik Buterin, Patrick Storchenegger and Aya Miyaguchi on the board.
Ethereum spent most of 2026 as the market’s biggest disappointment, falling harder than Bitcoin and hitting an ETH/BTC ratio last seen in 2016. Then July happened. ETH is up roughly 22% from its July low while Bitcoin has gone essentially nowhere, and the reasons are structural rather than sentimental. This analysis breaks down what changed, whether it is sustainable, and what would confirm a lasting shift.
The performance gap Ethereum trades near $1,920 in late July 2026, up from roughly $1,577 at the start of the month, a gain of about 22%. Bitcoin trades near $64,000 against roughly $58,700 at the start of July, a gain of about 9%, and has repeatedly failed at $68,000.
Over the month, ETH outpaced BTC by more than two to one. That is a meaningful divergence in a market where the two majors usually move together, and it follows six months in which the relationship ran the other way. Four specific factors explain it.
Factor 1: the supply picture inverted The most concrete driver is supply. Ethereum’s exchange reserves have been sitting near all-time lows around 14.5 million ETH, while its staking ratio reached an all-time high, locking roughly a third of total supply into validation.
The mechanism is straightforward. Coins on exchanges represent readily sellable supply; coins in staking contracts and private wallets do not. When both trends run simultaneously, the float available to absorb buying shrinks, and a given amount of demand moves price further than it would have a year earlier. Bitcoin has no comparable dynamic, since it has no native staking mechanism to lock supply.
This is why the July move was sharper than the news alone would suggest: the demand met a thinner market.
Factor 2: institutions got a yield-bearing product The demand spark was structural too. BlackRock launched a staked Ethereum fund that drew roughly $100 million on its first day of trading.
The word that matters is “staked.” Earlier spot Ethereum ETFs offered price exposure only, which made them strictly inferior to holding ETH directly, since holders forfeited the roughly 3% staking yield. A staked product passes that yield through, which removes the structural disadvantage and makes the ETF wrapper genuinely competitive for institutional allocators. Solana’s ETFs demonstrated this advantage first; Ethereum now has the same feature attached to the largest asset manager in the world.
For context on scale, digital asset investment products took in $154 million across the most recent reporting week, so a single fund’s opening day was a significant share of total industry flows.
Factor 3: Bitcoin’s own drivers weakened Relative performance is a two-sided equation, and Bitcoin’s side deteriorated.
US spot Bitcoin ETFs carry roughly $4.8 billion in net outflows for 2026 as a whole (daily flow data on Farside). July’s three-week inflow streak of about $560 million recovered only around 10% of that deficit before breaking on July 23 with $225 million of redemptions.
Meanwhile Strategy, historically the market’s most reliable corporate buyer, adopted a capital framework permitting Bitcoin sales and introduced new metrics including “net bitcoin per share” to clarify how much BTC actually backs its equity. That is a transparency improvement, but it also formalized the company’s shift from pure accumulator to capital manager, removing a source of automatic demand.
Factor 4: rate risk hits the two assets differently Heading into the July FOMC, markets priced close to 30% odds of a rate hike. Higher-for-longer rates pressure all risk assets, but they pressure non-yielding assets most directly. Bitcoin pays nothing. Ethereum, through staking, pays roughly 3%.
When Treasury yields are the competition, an asset with native yield loses less of its relative appeal. That is a subtle but persistent tailwind for ETH in a restrictive-policy environment, and it works against the intuition that high rates should hurt higher-beta assets more.
Is this sustainable? The honest answer requires separating structure from momentum.
The structural arguments are durable. Supply locked in staking does not return quickly. A yield-bearing ETF wrapper is a permanent product improvement, not a news cycle. The Glamsterdam upgrade remains on Ethereum’s roadmap for later in 2026. Several analysts, including Standard Chartered, have argued ETH will outperform BTC over multi-year horizons on exactly these grounds.
The counterarguments are real. Ethereum is starting from a deeply depressed base: even after a 22% month, ETH remains more than 60% below its 2025 high near $4,950, and the ETH/BTC ratio recently touched levels last seen in 2016. Some of July’s move is simply mean reversion from an oversold extreme. Layer 2 networks continue diverting fee revenue from the Ethereum mainnet, the structural criticism that drove the underperformance in the first place. And as the higher-beta asset, ETH would fall harder in any renewed risk-off shock, exactly as it did in June.
The balanced read: the drivers behind July’s outperformance are genuine and partly structural, but one month does not reverse a multi-year trend, and Ethereum’s core competitive question about Layer 2 fee leakage remains unresolved.
What would confirm a lasting shift Three checkable conditions, in order of importance.
1. ETH reclaiming $2,000 and holding it. That is the level lost during the spring selloff and the first real proof of trend change rather than bounce.
2. The ETH/BTC ratio making higher lows. Ratio strength that survives a market-wide down week is the cleanest signal that capital is genuinely rotating rather than simply chasing.
3. Staked ETF inflows continuing beyond launch week. Opening-day demand is easy; sustained monthly inflows into yield-bearing Ethereum products would confirm the institutional thesis.
Bottom line Ethereum gained roughly 22% in July against Bitcoin’s 9%, driven by a shrinking sellable supply, record staking, the launch of a yield-bearing BlackRock product, weakening Bitcoin flow dynamics, and a rate environment that penalizes non-yielding assets more.
This is not investment advice. Cryptocurrency is highly volatile. Always do your own research and never invest more than you can afford to lose.
Frequently Asked Questions Why is Ethereum outperforming Bitcoin? Four reasons: Ethereum's exchange supply sits near record lows while staking hit an all-time high, shrinking sellable float; BlackRock launched a staked ETH fund that drew about $100 million on day one; Bitcoin's ETF flows remain negative for 2026; and Ethereum's staking yield cushions it in a high-rate environment.
How much did Ethereum gain in July 2026? Ethereum rose roughly 22%, from about $1,577 at the start of July to near $1,920 in late July, while Bitcoin gained about 9% over the same period and repeatedly failed to clear $68,000.
What is a staked Ethereum ETF? It is an exchange-traded fund that holds ETH and passes through the roughly 3% staking yield to investors, unlike earlier spot ETH ETFs that offered price exposure only. That removes the structural disadvantage of holding ETH through a wrapper.
Will Ethereum outperform Bitcoin long term? Some analysts, including Standard Chartered, argue it will, citing staking yield, institutional accumulation, and Ethereum's role in tokenization. Skeptics point to Layer 2 networks diverting fee revenue and ETH's higher volatility in downturns. It remains genuinely contested.
What is the ETH/BTC ratio telling us? The ratio recently touched levels last seen in 2016, marking extreme Ethereum underperformance, before improving in July. Sustained higher lows in the ratio would signal genuine capital rotation toward ETH rather than a short-lived bounce.
Should I buy Ethereum instead of Bitcoin? That depends on risk tolerance, and this is not investment advice. Bitcoin is the lower-volatility, simpler store-of-value thesis; Ethereum offers staking yield and higher potential upside with greater drawdowns and unresolved competitive questions. Many investors hold both rather than choosing.
Quantum Solutions has expanded its Ethereum sale program to finance AI infrastructure rather than retain crypto reserves. The company sold another 1,000 ETH and can now dispose of up to 4,375 ETH under its revised policy. Most of its remaining Ethereum holdings are pledged as loan collateral, limiting future sale flexibility.
The move reflects a strategic shift from treasury management toward funding long-term operating assets. The Japanese technology company said its board has increased the maximum amount of Ethereum authorized for sale from 1,875 ETH to 4,375 ETH, while subsidiary GPT Pals Studio sold an additional 1,000 ETH on July 30.
The proceeds will help fund the company’s AI Infrastructure Data Center (AIDC) business.
Treasury Strategy Shifts From Holding ETH to Funding AI The latest transaction builds on a funding strategy announced in June, when Quantum Solutions first disclosed plans to sell part of its Ethereum treasury to finance the rollout of its AI infrastructure business.
The company said the additional authorization was approved to provide greater flexibility as spending requirements evolve during the project’s build-out. Management emphasized that raising the sale ceiling does not represent a commitment to immediately dispose of the full amount, with future transactions remaining dependent on market conditions, Ethereum prices and capital requirements.
Treasury Metric Status / Details Maximum authorized ETH sales 4,375 ETH ETH sold since June 1,904 ETH Latest transaction 1,000 ETH Remaining ETH holdings 4,764.8 ETH ETH pledged as collateral 3,050 ETH ETH not pledged 1,714.8 ETH Primary use of proceeds Nvidia B300 and GB300 AI infrastructure Collateral Limits How Much Ethereum Can Be Monetized Although Quantum Solutions still holds nearly 4,800 ETH, much of that treasury is already tied to its financing arrangements.
The company disclosed that 3,050 ETH remains pledged as collateral under an existing borrowing facility with a Singapore-based financial services provider, leaving roughly 1,715 ETH available outside the collateral structure.
While additional sales remain possible under the revised authorization, the collateral position limits the amount of Ethereum that can be readily converted into cash without changes to the company’s financing arrangements.
The latest sale generated approximately $1.9 million in proceeds after transaction fees. Because the disposal price of $1,903 per ETH was below the carrying value established during the company’s latest mark-to-market valuation, Quantum Solutions expects to recognize an accounting loss of roughly JPY 17 million during the second quarter of its fiscal year ending February 2027. The charge reflects accounting treatment rather than operating cash flow, as the proceeds remain available to fund the AI project.
A Capital Allocation Bet on AI Rather Than Crypto Appreciation The transaction represents more than a routine treasury rebalance. It reflects a decision to exchange a liquid digital asset for physical computing infrastructure expected to generate future operating revenue.
That trade-off carries both opportunity and risk. Ethereum remains a volatile asset whose value could appreciate if cryptocurrency markets strengthen, while high-performance AI hardware typically depreciates over time as more advanced GPU generations enter the market. Quantum Solutions is effectively betting that returns generated by its AI infrastructure business will outweigh the potential gains it could have realized by continuing to hold a larger Ethereum treasury.
Future sales are expected to depend on the pace of the AI data center rollout as well as broader conditions in both cryptocurrency and hardware markets, making execution of the infrastructure strategy as important to investors as the remaining size of the company’s digital asset holdings.
Bitcoin traded near $64,869, up 1.54% over the past 24 hours, while Ethereum climbed to $1,921, up 1.21% on the day and XRP held near $1.08. Total crypto market capitalization stood at $2.21 trillion, up 1.35% over the past day.
Bitcoin: Weekly Bullish Divergence Still Intact
Bitcoin continues to hold a significant bullish divergence on the weekly chart, a pattern that has been confirming across multiple weekly candle closes. Analysts say the last comparable setup appeared near the end of the 2022 bear market, making this a longer-term signal that could play out over coming months rather than days.
On the 3-day chart, Bitcoin remains boxed between support near $60,000 and resistance in the $66,000 to $67,000 zone, a range that has held for weeks. The most recent local high formed right at that resistance band before pulling back.
Important resistance levels sit at $64,300-$64,400, then $65,000, and more significantly near $67,000, where a large liquidity pocket also sits. On the downside, support levels to watch are $62,600-$62,700, followed by $62,200 and $61,500. A fresh liquidity cluster has also built up just under $62,000.
Ethereum: Double Bottom Intact
Ethereum’s 3-day chart still shows an active “W” double-bottom pattern bouncing off support in the $1,500-$1,600 zone. However, resistance in the $1,950 area has capped rallies for weeks and remains firmly in play.
The bullish breakout target for this pattern sits at $2,070-$2,080, and the setup remains technically valid as long as ETH doesn’t break back below $1,800. That said, the daily chart is starting to show a bearish RSI divergence, with price posting higher highs while RSI prints lower highs, an early warning sign that upside momentum may be fading.
XRP: Bearish Divergence Invalidation Underway
XRP tells a weaker story. XRP currently trades at $1.08, having crashed dramatically from levels above $3 last year, and touching as low as $1.06 in recent sessions. Buying interest has emerged alongside exchange outflows, a sign some holders are moving coins off exchanges rather than preparing to sell.
The $1.00-$1.05 range is the important zone to watch. A daily close below it could open the door to fresh lows.
Bitcoin Dominance and Altcoin Outlook
Bitcoin dominance remains largely neutral on the 3-day chart, hinting that most major altcoins will continue tracking Bitcoin’s price action closely in the near term rather than diverging meaningfully.
Story Ends Here
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Open USD (OUSD), a new institutional-focused stablecoin backed by a consortium of more than 140 companies that includes Visa, Mastercard, Stripe, BlackRock and BNY, is set to launch on Ethereum.
Open USD (OUSD), a new institutional-focused stablecoin backed by a consortium of more than 140 companies, is set to launch on Ethereum from day one.
The announcement was confirmed by Ethereum Institutional, which said Open USD will debut on Ethereum with support from a broad coalition of financial and technology firms, including Visa, Mastercard, Stripe, BlackRock and BNY.
The project is being developed by Open Standard, an independent company designed to govern the stablecoin via a consortium model that does not rely on a single issuer.
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Open USD aims to differentiate itself from established stablecoins such as USDT and USDC by distributing the earnings generated from its reserve assets to ecosystem partners instead of concentrating those revenues with the issuer. Businesses will also be able to mint and redeem the stablecoin without fees or artificial volume limits.
According to Open Standard, the consortium includes more than 140 companies spanning payments, banking, fintech, and crypto infrastructure. The list of participants includes Visa, Mastercard, Stripe, BlackRock, BNY, Coinbase, and Western Union.
Choosing Ethereum The decision to launch on Ethereum is particularly notable because it strengthens the network's position as the leading blockchain for institutional finance.
Ethereum already hosts the largest stablecoin ecosystem, tokenized U.S. Treasuries and a growing share of real-world assets.
Fundstrat co-founder Tom Lee described the move as validation of Ethereum's long-term role in global finance.
"Open USD choosing Ethereum is validation that after 11 years one blockchain reigns supreme for the future of finance," Lee wrote on X.
Analysts have described Open USD as a potential challenger to incumbent issuers, including Ripple's RLUSD.
Dana Love, PhD, has brought renewed attention to the concentration of Ethereum’s staked ETH under a small group of node operators, specifically through Lido’s liquid-staking platform. As the largest liquid-staking protocol on Ethereum, Lido plays a pivotal role in how staked ETH is managed, and its governance structures are increasingly scrutinized by the community.
Love notes that approximately 8 million ETH, representing about $16.5 billion, is managed by just 34 curated node operators within Lido. According to his analysis, this points to a permissioned system, where operational authority is concentrated in a select group rather than distributed openly across a broad set of participants. He suggests that focusing on the sheer number of validators can obscure the reality of who ultimately controls the ETH stake within the network.
The number of validators was never a measure of decentralization; what matters is how much of the stake is actually managed by a handful of operators, Love argues.
In Lido’s structure, membership as an operator is not automatic for ETH holders. Prospective operators must apply, undergo a committee-led review, and secure approval through a governance vote before being admitted to the curated set.
Mini dictionary: Lido is a decentralized liquid staking protocol on the Ethereum network, allowing users to stake their ETH and receive liquid stETH tokens in return, while curated node operators are selected and vetted participants who run validator nodes on behalf of Lido stakers.
Curated Module v2 and bond requirementsThe discussion centers on Lido’s forthcoming Curated Module v2, which introduces a schedule of bond requirements for its curated operators. Under the proposed scheme, each operator must post collateral in ETH that can be penalized for validator downtime, slashing events, or mishandled execution rewards. According to Love, the first validator key managed by an operator requires 11 ETH in collateral, with much smaller additional stakes needed for subsequent validators.
In contrast, Lido’s Community Staking Module reportedly asks smaller operators to post 2.4 ETH for their initial validator and 1.3 ETH for each additional one. Love contends that this structure gives established curated operators a more capital-efficient arrangement relative to their scale, raising potential questions of fairness in operator admission and economics.
ModuleInitial Bond per ValidatorBond for Subsequent ValidatorsOperator AdmissionCurated Module v211 ETHLower incremental requirementBy committee approvalCommunity Staking Module2.4 ETH1.3 ETHOpen (with review)Penalties and disputes for curated operators are managed by a Curated Module Committee, which operates with a nine-member multisignature wallet, requiring six signatures for any enforcement action.
Validator consolidation and the decentralization debateLove also addresses recent shifts connected to the Ethereum Pectra upgrade and EIP-7251, which increased the maximum effective validator balance from 32 ETH to 2,048 ETH. This technical update enables the consolidation of resources from many small validators into a smaller set of larger validators, reducing system overhead but not necessarily democratizing who holds governance power over the staked ETH.
He highlights a recent drop in Ethereum’s total validator count from about 880,000 to 628,000 as consolidation has taken hold. However, the underlying control remains largely unchanged, with the same curated operators maintaining their significant share of the aggregate staked ETH managed via Lido.
At the time of Love’s video, Lido’s Curated Module v2 bond system was not yet live on Ethereum mainnet. Smart contract audits were still under way and Phase One deployment was expected before the end of the quarter.
With Lido’s proposed bonds, operational and governance risks remain primarily in the hands of a small number of players, not the wider ETH community.
While the new bond schedule is designed to promote accountability, the combination of permissioned operator selection, bond requirements, and committee-governed penalties reflects the ongoing debate about where risk and authority reside in Ethereum’s staking ecosystem.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoin has posted an August loss every year since 2022, giving traders another seasonal risk to consider.
Bitcoin (BTC) and Ethereum (ETH) look set to finish July ahead of most major asset classes, with the former adding over 7% and the latter gaining almost 20% in the last 30 days.
The performance adds to a month of recovery for the two largest cryptocurrencies after a difficult first half of 2026, although historical data suggests August has been a much tougher month for BTC.
Bitcoin and Ethereum Lead July Returns Data from CoinGlass at the time of writing showed that Ethereum had gained 19.5% during the month while Bitcoin had risen 7.37%. Meanwhile, a comparison by analyst Ash Crypto across major markets showed chip stocks fell 22% in the same period, with the Nasdaq 100 and the Russell 2000 slipping by 9% and 3%, respectively.
The S&P 500 also fell, but its decline was much smaller than that of its counterparts, at about 1%. Silver dropped by 2.64%, but gold was little changed, adding just 0.38% to its value over 30 days.
What makes the gains by the cryptocurrencies noteworthy is that before July, they had endured a rough 2026. CoinGlass data shows BTC fell more than 10% in January, as it continued a red run that had started in October 2025. That sequence continued into February, when the OG crypto lost almost 15%, before reprieves in March and April. May registered a -3.41% return and June recorded the worst drop of the year so far when the asset lost over 20% of its worth.
Ethereum’s first two quarterly performances were just as bad, with Q1 returns at -21.26% and those for Q2 at -25.28%.
Recall that BTC started July trading near $58,000 but gradually climbed the chart, hitting a monthly high near $67,000 last week before price action started cooling somewhat. It was pretty much the same with ETH, as CoinGecko data shows it kicking off the month near $1,500 and eventually ending up very close to $2,000 as July drew to a close.
You may also like: Bitcoin’s Weak Hands Are Folding – But Is One Final Flush Still Ahead? Bitcoin’s Next Bull Run Could Follow US Midterms: Analyst Completion of This Chart Pattern Could Send BTC to $220K, Says Analyst At the time of writing, the world’s second-largest cryptocurrency was changing hands just above $1,900, having shed about 1% in the last seven days. However, despite the good monthly run, it’s still more than 50% lower than where it was a year ago and about 61% away from its August 2025 all-time high. Bitcoin, on its part, has settled near $64,000, which is almost half of its own ATH, after shrugging off the slight volatility that came with yesterday’s decision by the Fed to keep interest rates unchanged.
August Record Keeps Traders Cautious While July brought relief for crypto investors, CoinGlass data points to a recurring seasonal pattern. Every August since 2022 has ended with Bitcoin posting a monthly loss, including declines of 6.49% in 2025, 8.6% in 2024, 11.29% in 2023 and 13.88% in 2022.
That backdrop has kept analysts divided on what comes next, with Ali Martinez forecasting that Bitcoin’s bear market could last until October, while traders Pepesso and Crypto Lens expect another move lower before a broader recovery begins in 2027.
Coinbase experienced a nearly 6% decline in its share price during after-hours trading following the release of its second-quarter financial results. The report highlighted a loss and lower-than-expected revenue, despite the company achieving a record 10.3% share of the global crypto volume. This development is seen as a mixed indicator for the cryptocurrency market, with the increased market share being overshadowed by weaker headline financial performance. Coinbase’s report comes at a time when the cryptocurrency market is closely monitoring the potential impact on Ethereum’s future price expectations.
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In the context of Ethereum’s future price predictions, market participants are scrutinizing Coinbase’s financial outcomes. The market’s reaction suggests that the reported loss and revenue shortfall may indicate potential challenges for cryptocurrencies, including Ethereum. Although Coinbase’s increased market share is a positive indicator, the financial loss could imply broader market pressures affecting Ethereum’s price trajectory.
Key Takeaways Coinbase’s financial report appears to have negatively impacted its stock price, reflecting concerns over its revenue and loss. Market participants seem to interpret the mixed results as potentially indicating challenges for the broader cryptocurrency market. The impact on Ethereum pricing suggests potential cautious sentiment, with key indicators pointing to uncertainties in reaching higher price thresholds. What to Watch Monitor any further announcements from Coinbase and other key actors such as the Ethereum Foundation and major financial institutions. Developments related to regulatory environments or technological advancements within the Ethereum network could influence future price movements. Additionally, watch for any major shifts in volumes or price levels in the lead-up to the end of the year, as these could provide further insight into market sentiment regarding Ethereum’s potential to reach $10,000 by December 31, 2026.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 1.8% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 4.2% — — View market → December 31, 2026 6.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 3% — — View market → January 1 2027 2.9% — — View market → January 1 2027 3.9% — — View market → January 1 2027 7.5% — — View market → January 1 2027 43.5% — — View market → January 1 2027 9% — — View market → January 1 2027 3% — — View market → January 1 2027 41.5% — — View market → January 1 2027 20.5% — — View market → January 1 2027 17.5% — — View market → January 1 2027 86% — — View market → January 1 2027 62% — — View market →
Retail participation will return during the next crypto bull market yet institutional influence has become a structural feature of digital asset markets, according to a Wintermute Research report.
Institutional Investment At Record 72% LevelsIn a report published on July 30, Wintermute analysts highlighted that Institutional investors are increasingly dictating crypto market structure.
They account for a record 72% of spot over the counter (OTC) trading flow during the first half of 2026, compared to 61% in the second half of 2025.
The reported noted that institutional activity is becoming concentrated in a relatively small group of cryptocurrencies.
"As crypto works through a bear market, with retail largely absent and preoccupied with equities, the structure underneath is easier to see," Wintermute wrote. "The asset class is maturing, whatever recent price action suggests."
Over the past month, Bitcoin (CRYPTO: BTC) gained 11% but failed to reclaim the key $70,000 level.
In contrast, Ethereum (CRYPTO: ETH) outperformed with a 22% rally, signaling stronger momentum.
Tokenization Continues To ExpandWintermute also highlighted continued growth in tokenized real-world assets.
During the first six months of 2026, the value of tokenized assets increased nearly 50% to $31 billion.
Institutional adoption remains focused on tokenized U.S. Treasuries, money market funds and private credit, while retail investors continue to dominate activity in tokenized equities.
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QUICK CONTEXT: Ark Rebalances Crypto ExposureArk Invest is known for actively rebalancing high-conviction positions rather than making outright directional calls. While Cathie Wood remains one of the most prominent institutional supporters of digital assets, the firm’s ETFs frequently trim winning positions as they appreciate to keep portfolio weightings within target ranges.
The Bitmine sale stands out because Ark has been one of the strongest backers of the company’s Ethereum treasury strategy, which has become one of the largest corporate ETH accumulation programs. The simultaneous reduction in Bitmine, Bullish, Block and Robinhood suggests Ark locked in gains across multiple crypto-linked holdings rather than exiting a single name.
Despite the selling, market sentiment remained resilient. BMNR surged almost 10% on Thursday, while retail sentiment stayed bullish. Ethereum prices were little changed over the past 24 hours, indicating investors viewed the transactions more as routine portfolio management than a bearish signal on the broader crypto sector.
Photo: PJ McDonnell / Shutterstock
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BlackRock’s institutional clients dumped $60 million worth of the iShares Bitcoin Trust ETF (IBIT) this week while simultaneously scooping up over $20 million in the iShares Ethereum Trust ETF (ETHA).
The data, surfaced by Arkham Intelligence, paints a picture of deliberate repositioning rather than panic selling.
The numbers behind the rotation IBIT currently holds somewhere between $47 billion and $55 billion in assets under management, making it one of the largest Bitcoin ETFs on the planet. A $60 million outflow against that backdrop is roughly 0.1% of the fund.
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That capital didn’t vanish into cash or rotate into bonds. At least $20 million of it landed in ETHA, BlackRock’s spot Ethereum ETF. The net effect is still negative for crypto ETFs overall, with roughly $40 million more leaving than arriving.
Performance divergence tells a story IBIT, which launched in January 2024, has delivered returns exceeding 35% since inception.
ETHA has had a rougher ride. The Ethereum-focused fund began trading in mid-2024 and has declined approximately 48% from its launch price. It doesn’t offer staking yields, which means holders miss out on one of Ethereum’s key value propositions.
What this means for investors BlackRock’s client base isn’t retail traders chasing momentum on social media. These are pension funds, endowments, family offices, and sovereign wealth vehicles.
That said, there are risks to reading too much into a single week’s data. One sovereign wealth fund trimming a position could account for the entire $60 million outflow. Without granular client-level data, it’s impossible to know whether this reflects broad consensus or a handful of concentrated decisions.
For Ethereum specifically, sustained institutional buying through regulated ETF products could provide meaningful price support at a time when the asset has struggled. But one week of $20 million in buying is a data point, not a trend.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin traded higher on Thursday, with spot ETFs returning to net inflows after four straight sessions of outflows.
Crypto sentiment also improved despite remaining in the fear zone as Treasury Secretary Scott Bessent urged the Senate to pass the CLARITY Act.
Notable Statistics:
Coinglass data shows 89,252 traders were liquidated in the past 24 hours for $274.16 million. SoSoValue data shows net inflows of $32.1 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $18.7 million. In the past 24 hours, top gainers include Uniswap, VeChain and PancakeSwap. Notable Developments:
Trader Notes:
Crypto chart analyst Ali Martinez said a pullback to $60,000 shouldn’t be viewed as bearish, as it could help Bitcoin complete an inverse head-and-shoulders pattern. A breakout above $66,500 would confirm the setup and could pave the way for a rally toward $74,000.
Trader KillaXBT believes this cycle could be the first where Bitcoin remains above the key blue support band, a level that has historically signaled major bullish trend reversals.
As long as BTC holds above it, the trader sees no strong reason to expect the current cycle to deviate from past rallies that led to significant upside.
Daan Crypto Trades noted Bitcoin is retesting local resistance, with $65,000 acting as the key breakout level. A move above that threshold could open the door for another attempt at reclaiming the $67,000 local high.
Image: Shutterstock
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The best altcoin to buy in 2026 may depend on whether investors want established infrastructure or earlier platform exposure. Ethereum attracts corporate accumulation, BNB benefits from a large active ecosystem of Binance, and ASTER offers a perps platform.
MemeToro sits at the highest-risk end through an open-source AI memecoin launch platform now being developed with Coinsult.
ETH Gives Buyers Institutional Scale And Supply Pressure The base ETH price prediction places Ethereum between approximately $1,900 and $2,100 during 2026. Bullish models extend toward $2,500, while institutional targets range from $3,175 to $7,500.
ETH traded near $1,873 to $1,932 during July, with resistance between $2,000 and $2,200. Support sits around $1,527 to $1,700.
Corporate accumulation strengthens the supply argument. BitMine reportedly controls about 5.7 million ETH, while SharpLink recently acquired 39,196 ETH.
For conservative buyers, ETH may be the best altcoin to buy in 2026 because it offers deep liquidity and established use. Its size, however, makes explosive percentage growth harder.
ASTER Offers Greater Upside With Conflicting Forecasts The ASTER price prediction varies sharply between sources. ASTER traded around $0.627, with support near $0.620 and resistance at $0.640.
One model expects a 2026 range of $0.59 to $0.82. More bullish forecasts place ASTER between $1 and $3.50, while a conservative euro-based projection remains below $1.
This disagreement makes ASTER harder to value. A break above immediate resistance could improve the outlook, but ecosystem growth and token burns must support any longer-term move.
ASTER may appeal to investors seeking the best altcoin to buy in 2026 at a smaller price than ETH or BNB.
BNB Gives Users A Large Working Ecosystem The BNB price prediction has a base near $580, with 2026 estimates ranging from $474 to $840.20. BNB traded around $570.33 in late July, with resistance near $574 and support between $560 and $568.
BNB Chain processes more than 31 million daily transactions and holds over $14 billion in stablecoin liquidity. Its roadmap targets higher throughput, faster confirmation, and a next-generation Layer 1.
This existing activity makes BNB another best altcoin to buy in 2026 candidate. Its value is linked to exchange activity, token burns, DeFi, payments, and BNB Chain applications.
MemeToro Presale Crypto Offers The Earliest Entry MemeToro is building an hourly AI agent that will create complete memecoin concepts from news, markets, and social sentiment.
Its public development advantages include:
Open-source architecture Public launch manifests Fixed-rate token funding Programmatic wallet limits Automatic liquidity creation Coinsult-led development Contracts are not yet implemented or audited. Buyers can follow the repository as MemeToro develops the AI pipeline, BNB testnet contracts, ERC-8004 integration, and security review.
MemeToro may be the best altcoin to buy in 2026 for buyers prioritizing pre-launch potential, but it carries far more execution risk than ETH, ASTER, or BNB.
Final Words The ETH offers institutional stability. The ASTER offers a wider speculative range, while the BNB is supported by existing network demand.
MemeToro becomes the best altcoin to buy in 2026 only if its public architecture develops into secure contracts and active launches.
The final choice depends on risk. ETH and BNB provide established utility, ASTER provides smaller-cap exposure, and MemeToro offers the earliest entry with the greatest uncertainty.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Open USD (OUSD), a newly developed institutional-focused stablecoin, is preparing to launch directly on Ethereum, according to a statement from Ethereum Institutional. The project is backed by a consortium comprising over 140 companies, including leading names in global finance and technology such as Visa, Mastercard, Stripe, BlackRock, and BNY Mellon.
Consortium structure and industry backingOpen Standard, an independent governance company, is tasked with developing and overseeing the Open USD stablecoin. Unlike single-issuer models, Open Standard coordinates a broad consortium of firms spanning payments, banking, fintech, and crypto infrastructure. Major participants include Visa, Mastercard, Stripe, BlackRock, BNY Mellon, Coinbase, and Western Union.
With more than 140 member organizations, the consortium aims to provide a robust backing and decentralized governance structure for the stablecoin, distancing it from traditional models led by one dominant entity.
Mini dictionary: Open Standard, a governance-focused firm, manages the rules, integrity, and operations of the Open USD stablecoin consortium, separating control from any single issuer.
Product features and differentiationOpen USD intends to set itself apart from established stablecoins such as USDT and USDC through its revenue-sharing model. Rather than centralizing interest earnings from reserve assets with one issuer, Open USD distributes these earnings to ecosystem partners across its network.
Additionally, Open USD enables businesses to mint and redeem the stablecoin with no fees or artificial volume restrictions. This structure offers more flexibility and cost efficiencies for institutional users.
Open USD distributes reserve earnings to partners, and allows minting and redemption with no fees or restrictions, aiming to drive institutional adoption.
Ethereum as the launch platformThe choice to launch OUSD on the Ethereum network reflects Ethereum’s stronger position in institutional finance and blockchain-based asset management. Ethereum already hosts the largest ecosystem for stablecoins and tokenized U.S. Treasuries, as well as an expanding portfolio of real-world assets.
Tom Lee, co-founder of research firm Fundstrat, characterized Open USD’s launch on Ethereum as a sign that the network remains central to the evolving landscape of institutional finance.
Tom Lee noted that “Open USD choosing Ethereum is validation that after 11 years one blockchain reigns supreme for the future of finance.”
Competition among stablecoin issuersWith its innovative structure and broad institutional support, Open USD is being positioned by analysts as a possible rival to incumbent firms such as Tether (USDT), Circle (USDC), and newer offerings like RLUSD, which is issued by Ripple.
As the consortium-led stablecoin sector continues to evolve, Open USD’s launch could reshape the competitive landscape for digital dollar assets in institutional markets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Morgan Stanley has expanded beyond Bitcoin by launching Ethereum and Solana trusts, giving traditional investors access to three major digital assets. At the other end of the market, MemeToro has started public development with Coinsult.
Investors searching for the best presale crypto can now compare an early BNB Chain platform with increasingly mature institutional crypto products.
Morgan Stanley Gives Investors Regulated ETH And SOL Access Morgan Stanley Investment Management launched the Ethereum Trust and Solana Trust on July 28. Both exchange-traded products charge an expense ratio of 0.14%.
MSSE tracks the CoinDesk Ether Benchmark 4PM New York Settlement Rate, while MSOL follows the equivalent Solana benchmark.
The products intend to stake part of their ETH and SOL holdings. Staking rewards will pass through to the trusts, giving investors potential income alongside price exposure.
Morgan Stanley’s existing Bitcoin Trust held more than $381 million in assets through July 16. The expanded suite now covers Bitcoin, Ethereum, and Solana under one product range.
This institutional progress changes how buyers evaluate the best presale crypto. Early projects must offer something unavailable through regulated large-cap products.
Staking Returns Come With Specific Risks Morgan Stanley’s new products are not FDIC insured and can lose substantial value. Their staking strategies introduce slashing, validator, and liquidity-buffer risks.
The trusts provide convenience but do not give investors direct control over the underlying assets. They also carry annual expenses that direct holders may avoid.
ETH and SOL offer established networks, public liquidity, and significant institutional acceptance. Their scale can make extreme percentage gains more difficult than those available to smaller tokens.
The best presale crypto opportunity therefore appeals to buyers willing to accept more development risk in exchange for entering before public-market valuation.
MemeToro’s Public Repository Shows Development Has Started MemeToro has entered its Foundation and Architecture phase with Coinsult leading development.
The project has published its architecture, launch-manifest specification, example manifest, roadmap, security policy, and contribution guide through an MIT-licensed GitHub repository.
Its practical development benefits include:
Publicly visible progress Community issue submissions Standardized launch manifests ERC-8004 integration plans Security design before deployment Independent review before mainnet Contracts are not implemented or audited yet. This clear status gives best presale crypto buyers a more accurate view of current progress.
The Hourly AI Agent Creates A Distinct Use Case MemeToro’s planned agent will analyze news, market movements, and social sentiment continuously. It will produce a complete memecoin concept every hour, including the name, ticker, reasoning, and launch manifest.
The fair-launch protocol will accept fixed-rate funding in BNB, stablecoins, or $MT. Wallet limits will restrict early concentration, while contracts will automate deployment, liquidity, and distribution.
This model gives MemeToro a different purpose from Morgan Stanley’s trusts. The trusts provide regulated exposure to existing assets. MemeToro aims to create transparent markets around new AI-generated assets.
That distinction supports its best presale crypto positioning, provided development reaches testnet and mainnet.
Final Words on the Best Presale Crypto Right Now MemeToro has raised $87,351.66 during Stage 5, filling 71.02% of the round. Each $MT costs $0.00285, compared with a planned launch price of $0.01875.
The difference is roughly 6.58 times, but public trading may produce a different valuation.
Calling MemeToro the best presale crypto requires more than comparing prices. Investors should follow the commits, review the manifest, and check whether Coinsult completes each published milestone.
Morgan Stanley’s expansion shows that crypto is entering traditional portfolios. MemeToro represents the opposite edge of that market: open-source development before a platform exists.
For high-risk buyers, the best presale crypto may be one whose progress can be verified early. MemeToro now provides that visibility, but execution remains the deciding factor.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Morgan Stanley has expanded its offerings in the cryptocurrency space by launching new Exchange Traded Products (ETPs) that include staked Ethereum (ETH) and Solana (SOL). Coinbase is reportedly providing the underlying technology for these products, as confirmed by Brian Armstrong, Coinbase’s CEO, on social media. The launch of these ETPs marks a significant step for Morgan Stanley, integrating staking from the outset, a first among major U.S. bank-affiliated asset managers. This development comes as part of Morgan Stanley’s broader strategy to incorporate digital assets into its investment services, following the introduction of E*TRADE spot trading for bitcoin, ether, and solana earlier this month.
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Key Takeaways The introduction of Morgan Stanley’s crypto ETPs appears to suggest increased mainstream institutional adoption of digital assets, particularly Ethereum and Solana. Market participants may interpret Morgan Stanley’s integration of staking in its ETPs as supportive of Ethereum’s price growth, consistent with a more optimistic outlook for ETH reaching significant price thresholds. Current market pricing indicates a modest increase in confidence towards Ethereum hitting higher price targets by the end of 2026, reflecting the strategic moves by major financial institutions. What to Watch Observers will be keenly watching if this announcement by Morgan Stanley will lead to increased inflow in Ethereum-focused investment products, potentially influencing market odds. Future regulatory developments, including possible SEC actions on crypto ETFs, could also impact market sentiment. The performance and adoption of these new financial products in the coming months may provide further insights into the evolving landscape of institutional cryptocurrency investment.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 1.8% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 4.5% — — View market → December 31, 2026 6.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 2.9% — — View market → January 1 2027 2.9% — — View market → January 1 2027 3.9% — — View market → January 1 2027 7.5% — — View market → January 1 2027 43% — — View market → January 1 2027 9% — — View market → January 1 2027 3% — — View market → January 1 2027 42.5% — — View market → January 1 2027 20% — — View market → January 1 2027 17.5% — — View market → January 1 2027 86.5% — — View market → January 1 2027 62% — — View market →
TLDR: DeFi TVL fell $43.4 billion, or 38%, while six major L1s lost $246.5 billion in market cap. Ethereum ETF holdings dropped to 5.2M ETH as treasury firms raised holdings to 7.7M ETH. Layer 2 user operations fell 77% from January to June, far outpacing Ethereum’s 9% decline. BNB Chain stayed the only deflationary major L1, burning tokens at a 5.05% annual rate. Crypto market activity did not rotate between sectors during the first half of 2026. Instead, a broad on-chain contraction hit nearly every part of the industry, according to Binance Research.
Total DeFi TVL fell $43.4 billion, or 38%, while six major Layer 1 blockchains lost a combined $246.5 billion in market capitalization, or 42%.
Contraction Spreads Across Ethereum, Layer 2s, And DeFi Ethereum’s marginal holder base shifted rather than grew during this period. Spot ETF balances shrank from over 6 million ETH to 5.2 million ETH.
Digital asset treasury companies expanded their holdings from 6 million to 7.7 million ETH. This change flipped the balance between the two holder groups, widening the gap between them.
Cheaper Ethereum blockspace failed to convert into stronger revenue. The network’s gas limit rose to roughly 60 million units this year.
Average gas prices fell 75% compared with 2025, and transaction counts rose about 50%. Despite this activity, chain revenue is tracking a 53% decline for the full year.
Generalist Layer 2 networks shed users faster than the broader market contracted. Total L2 user operations fell approximately 77% between January and June 2026.
Ethereum itself saw a smaller 9% decline over the same stretch. This gap shows contraction hit L2s harder than the base layer.
DeFi TVL fell 38.7% during the first half, outpacing the wider market drop. Active loans across DeFi protocols declined 38.0% during the same period.
April marked the sharpest deterioration, coinciding with major exploits across the space. The industry recorded 207 security incidents, the highest count in any six-month period, resulting in $972 million in losses.
Solana And BNB Chain Show Divergent Paths Within The Same Downturn Solana’s network revenue dropped sharply even as trading patterns held steady. Monthly REV fell from $40 million in January to $14 million in June.
That decline amounted to 64.5% over six months. Memecoins still represented 25% of Solana’s decentralized exchange volume.
Tokenized equities gained a foothold on Solana despite the broader pullback. These assets reached 4% of Solana DEX volume by June 2026.
BNB Chain also became a leading venue for tokenized equities during this period. Tokenized RWA market cap on BNB Chain grew 107% in the first half.
BNB Chain’s share of on-chain real-world assets rose as a result. Its portion climbed from 9.8% to 13.5% of the total market.
BNB Chain also remained the only major deflationary Layer 1 network. Its annualized burn rate reached 5.05%, compared with 0.86% for ETH.
Prediction markets stood apart from the broader contraction pattern. Monthly notional volume rose 86% to $51.6 billion, driven partly by the World Cup.
Kalshi and Polymarket accounted for 92% of June’s total trading volume. Non-sports volume across both platforms increased 136% during the same window.
Arqitech has completed the first Canton Token Standard V2 atomic swaps on the @CantonNetwork MainNet, marking a significant step in bridgeless cross-chain settlement for institutions. The transactions allow institutions to exchange Canton Coin (CC) directly on-chain for Bitcoin, Ethereum, Solana, and TRON assets in a secure, all-or-nothing manner, without handing control of assets to any middleman and without using bridges or wrapped tokens.
What the V2 Standard Changes Arqitech collaborated with Digital Asset on the Canton Token Standard CIP-0112, now known as V2, which was approved by the Canton Foundation (@CantonFdn) in June 2026. The standard introduces committed allocations, an irrevocable lock until a defined settlement deadline, giving the Canton leg of a cross-chain HTLC the same timelock guarantees institutions expect from native chain settlement. The standard now underpins advanced institutional uses such as trustless atomic swaps and regulated real-world asset settlement.
Arqitech's Atomic Swap Protocol is built so that every participant signs their own transactions, whether through enterprise key-management systems or their own private nodes. Validator nodes only prepare and submit instructions that have already been signed, keeping full custody with participants at every step.
Institutional Counterparties Already Active Earlier live swaps on Canton MainNet took place between Arqitech, MPCH, Pixelplex, and sFOX, with each institution exchanging Canton Coin for USDC. Every party retained full control of its private keys within its own wallet, demonstrating that regulated institutions can complete secure, atomic cross-chain transactions while maintaining custody of their assets.
Arqitech's deployment is live on Canton MainNet, and the atomic swap capability is set to open to customers in the coming weeks. Brian Wasserman, CEO of Arqitech, said: "Our Atomic Swap Protocol delivers native on-chain swap interoperability, liquidity and settlement rails, while meeting the same custody, audit, and risk standards institutions require."
The development adds to a broader build-out on Canton. Arqitech provides banks, asset managers, hedge funds, and prime brokers with direct API access to trustless swaps, DEX aggregation across 32-plus chains and 20-plus DEXs, privacy-enabled settlement on Canton Network, and regulated real-world asset pathways, all while clients retain custody.
Sources:
Arqitech Deploys Canton Token Standard V2 in its Atomic Swap Protocol (GlobeNewswire, July 28, 2026)
Institutional Execution of Full Featured HTLC Multi-Chain Swaps with Canton (GlobeNewswire, July 23, 2026)
30 July 2026 | 20:11 Open USD will launch on Ethereum from its first day of operation as part of a broader multichain rollout that also includes Solana, Base, Stellar and Polygon.
The July 30 announcement from Ethereum Institutional confirms the network’s inclusion and highlights its role in the stablecoin’s business-focused settlement infrastructure.
As we previously reported, more than 140 companies have joined Open Standard, including Visa, Mastercard, Stripe, BlackRock and BNY. Under the proposed model, most reserve income would be shared with businesses that distribute and use the stablecoin instead of remaining entirely with a single issuer.
Why Ethereum Matters to Open USD Ethereum offers payment companies a shared settlement network without placing the underlying ledger under the control of any one participant.
That matters when companies such as Visa, Mastercard and Stripe are expected to use the same infrastructure. Each can verify the asset and its settlement rules without relying on a private system operated by a direct competitor.
Ethereum also brings established liquidity, mature infrastructure and familiarity among institutional market participants. Other supported networks can then handle transfers where lower fees or faster execution matter more.
Breaking: Open USD will launch on @ethereum on day one.
Over 140 businesses, including Visa, Mastercard, Stripe, BlackRock and BNY. All reserve earnings flow to the partners that grow it.
A shared asset needs neutral ground.
We’re excited to be working with @openstandard on… pic.twitter.com/WF3ure6Dhb
— Ethereum Institutional (@ethereuminsti) July 30, 2026
Open USD Is Being Built for Business Use Open USD is being positioned mainly for corporate settlement, cross-border treasury activity, payment processors and institutional liquidity rather than retail trading.
Consumers may therefore use it without interacting with the stablecoin directly. A merchant, payroll platform or remittance service could settle through Open USD behind the scenes while customers continue paying and receiving funds in local currency.
Its business model is also different from those of USDT and USDC. Participating companies that help distribute Open USD are expected to receive a share of the reserve earnings. That could give exchanges, payment firms and fintech platforms a financial reason to integrate it, although ordinary token holders are not automatically entitled to yield.
Ethereum Fees Will Matter Most to Businesses Ethereum transaction costs remain a practical consideration, especially for treasury desks, payment processors and other companies handling large volumes.
These firms can reduce costs by batching transfers, settling larger amounts less frequently or routing smaller transactions through cheaper supported networks. Ethereum is more likely to serve high-value settlement and liquidity needs than individual purchases at checkout.
Its inclusion from day one gives Open USD access to a major institutional market. Support for several networks broadens the stablecoin’s potential use across payments, trading and treasury operations without requiring all activity to pass through Ethereum mainnet.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Spot cryptocurrency exchange-traded funds (ETFs) traded in the US showed a different picture in terms of investor activity. According to SoSoValue data, spot Bitcoin ETFs recorded a total net inflow of $32.11 million, while spot Ethereum ETFs experienced a net outflow of $18.65 million. The data revealed that institutional investor interest continued in Bitcoin, while short-term profit-taking continued in Ethereum funds.
BlackRock’s iShares Bitcoin Trust (IBIT) fund recorded the highest net inflow of the day. IBIT saw a net capital inflow of $89.83 million in a single day, bringing its cumulative net inflow to date to $60.42 billion. Conversely, the largest outflow was seen in the Fidelity Wise Origin Bitcoin Fund (FBTC). FBTC experienced a net outflow of $43.08 million, while its historical total net inflow stands at $9.96 billion.
According to SoSoValue data, at the time of writing, the total net asset value of spot Bitcoin ETFs was calculated at $77.46 billion. The ratio of assets managed by ETFs to Bitcoin’s total market capitalization reached 6.08%, while the total cumulative net inflow into spot Bitcoin ETFs to date amounted to $51.36 billion.
The picture was weaker on the Ethereum side. Despite a total net outflow of $18.65 million from spot Ethereum ETFs, some funds performed positively. Morgan Stanley Ethereum Trust (MSSE) recorded the highest net inflow of the day, receiving $14.30 million, bringing its total net inflow since its inception to $19.45 million.
In second place was BlackRock’s iShares Ethereum Trust (ETHA) fund. ETHA recorded a net inflow of $5.16 million during the day, bringing its historical total net inflow to $11.43 billion.
On the other hand, the biggest outflow of the day was experienced by Fidelity Ethereum Fund (FETH). FETH saw a net outflow of $16.07 million, while its total net inflow to date was announced as $2.11 billion.
This is not investment advice.
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In the past week, Sharplink made an extra 420 ETH just by staking its current Ethereum [ETH] holdings, without purchasing any more ETH. With this, its total staking rewards have now reached 24,338 ETH.
This occurs as Ethereum’s staking dynamics have undergone a significant change. The number of active validators for Ethereum continued to decline at the start of July, going from about 886,000 to a low of about 880,000.
However, by mid-July, the trend began to shift. Interestingly, by the month’s end, the number of active validators had increased steadily from about 880,000 to between 887,000 and 888,000. Despite its modest size, the increase is noteworthy because it represents the first long-term recovery following several months of declines.
Source: Validator Queue Is ETH’s staking ecosystem gaining strength? At the start of July, roughly 2.8 to 2.9 million Ethereum were waiting in the “Entry” queue. By the end of July, that number had gradually declined to between 2.4 and 2.5 million ETH.
Yet this does not indicate a decline in demand but suggests that the Ethereum network was processing new validators more quickly than more staking requests were being made.
Source: Validator Queue The “Exit” line, meanwhile, remained almost at zero for the entire month, except for a few brief spikes. This indicates that there was little selling pressure or profit-taking from current stakers, as suggested by the small number of validators trying to withdraw their staked ETH.
Given that there were significantly more Ethereum seeking to enter staking than leave it in July, the high entry queue and small exit queue collectively indicate a strong net inflow into the staking ecosystem.
This setting also further explains why businesses like Sharplink, which actively stake their ETH treasury, keep accruing staking rewards because more money is still being invested in protecting the network rather than leaving it.
Sharplink vs. Bitmine However, if compared with Bitmine, the biggest Ethereum DAT, the latter has 4,917,189 ETH already staked through its institutional staking platform, MAVAN (the Made in America VAlidator Network), which accounts for roughly 85% of its holdings.
In terms of holdings, Sharplink owns 868,699 ETH worth $1.65 billion, while Bitmine has 5,787,414 ETH worth $11.8 billion. However, at press time, Sharplink’s stock price was up 0.94% at $6.44, and Bitmine’s stock price was down 1.95% at $17.57.
All this happened as ETH traded near $1,903.99, following a 1.47% increase over the previous day. In addition, the ETH ETF was also seeing more inflows than it did during the recent nine weeks of outflows.
Final Summary Sharplink increased its staking rewards and now has 24,338 ETH in total rewards but lags BitMine. The entry queue, exit queue, and the active validators of the Ethereum validator queue further clarified why Shaprlink was staking ETH.
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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A quiet tension settled across global markets after the Federal Reserve delivered its latest policy decision. The FOMC held interest rates steady, but investors quickly realized the pause carried a distinctly hawkish tone. Treasury yields climbed, equities split direction, and Bitcoin, Ethereum, and crypto were left searching for the market’s next catalyst.
Bitcoin ETFs finally returned to net inflows, offering a welcome sign of demand, while Ethereum continued losing its dominance as capital rotated back to Bitcoin. Meanwhile, fresh security incidents and political headlines reminded investors that crypto never sleeps.
Hawkish FOMC Hold Keeps Markets on EdgeThe FOMC held the federal funds rate at 3.50% to 3.75% in a narrow 9-3 vote on July 29. Three regional Fed presidents, Beth Hammack, Neel Kashkari, and Lorie Logan, favored another 25 basis point hike, marking the first time since 2016 that three hawkish officials dissented together. Policymakers cited persistent inflation around 4.1% alongside resilient economic growth, reinforcing expectations that rates could stay elevated longer.
Bitcoin initially welcomed the decision, jumping from $63,700 to nearly $64,700 before giving back most of the gains as traders digested the hawkish language. It later stabilized around $64,000, while Ethereum traded near $1,900 with little conviction. Traditional markets delivered a mixed performance, with the Nasdaq advancing as the Dow weakened, leaving crypto largely range-bound.
The uncertainty sparked heavy liquidations, erasing between $280 million and $316 million across nearly 90,000 to 96,000 traders. Both long and short positions were caught in the crossfire, highlighting widespread indecision. At the same time, US publicly held debt surpassed 100% of GDP for the first time since World War II, adding another layer of macro concern for investors.
Politics also entered the spotlight. Senator Cynthia Lummis briefly lost control of her verified X account after hackers promoted a fake Solana meme coin, $USA Token, through a pump.fun link. The posts disappeared within minutes, but the incident arrived as lawmakers continued negotiations over the CLARITY Act ahead of the August recess, with ethics provisions and crypto-related amendments still under debate.
Discover: The Best Crypto to Diversify Your Portfolio
Bitcoin Holds Firm as ETF Flows ReverseBefore the Fed announcement, Bitcoin had already recovered from weekly lows near $62,400 following weakness in South Korean equity markets. Although the post-decision rally faded, the cryptocurrency continued defending the psychological $64,000 level while finding support above $63,500. Even so, Bitcoin remains roughly 3% to 4% below recent highs near $66,000 as July consolidation continues after last year’s rally.
Institutional demand offered an encouraging signal. Spot Bitcoin ETFs recorded $32.1 million in net inflows on July 29, led by IBIT, ending a multi-day streak of outflows. Ethereum ETFs, however, posted roughly $18.65 million in net outflows, while Solana ETFs attracted around $19 million and XRP products added approximately $0.58 million. The divergence reinforced the ongoing rotation across digital assets and contributed to Ethereum’s declining market dominance.
Bitcoin ETF, CoinglassElsewhere, crypto markets continued navigating operational risks. Ostium disclosed a $24 million off-chain breach while confirming its smart contracts remained uncompromised. Hyperliquid welcomed its first Japanese corporate buyer despite reports of reduced US fund exposure, and Luno announced another round of job cuts as restructuring efforts continued across the industry.
Despite elevated yields, political uncertainty, and mixed macro signals, Bitcoin has shown notable resilience. The defense of the $64,000 level, improving ETF demand, and the absence of panic selling suggest buyers remain active beneath the surface. If institutional inflows continue building and policy expectations stabilize, Bitcoin could be positioning itself for its next decisive move.
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