Litecoin [LTC] has seen some short-term volatility over the past ten days. The price has frequently moved 5-7% in just over two days, between $43 and $46.
On Wednesday, July 15, the same short-term resistance zone at $46 was tested, and Litecoin bulls faced a rejection from this area. In the past 24 hours, LTC has shed 1.08%, and its daily trading volume has dropped 8.12%.
For a month now, Litecoin bulls have been battling against the $46 local supply zone. Does the recent bout of volatility mean they will finally succeed?
Here’s what the long and short-term price expectations for Litecoin can be.
LTC is in a consolidation phase, but could go south once more The Bitcoin [BTC] price move beyond $65k did not stick. In the short term, this rejection meant the wider crypto market was also facing losses. Since October 2025, both Bitcoin and most of the rest of the altcoins have been facing bear market conditions.
Source: LTC/USDT on TradingView The latest swing move downward began in May. The LTC bounce to $60.61 was followed by a swift sell-off that dragged prices below the psychological $50 level.
Using the Fixed Range Volume Profile tool from January’s high to today, we can see that the current market price was just above the Value Area Low at $43.9.
The $42-$46 was a high-volume node and represented a support zone. Overhead, the $55 level marked the Point of Control [POC]. A price move beyond $55 would be a positive sign, and a breakout past $60.61 would signal a long-term trend reversal.
Traders’ call to action- Watch the range Source: LTC/USDT on TradingView The technical range [purple] reaches from $40 to $46. Using the FRVP tool since the beginning of June, we can see a much smaller range between $42 and $45.3 [dotted blue], with the POC at $43.4.
Though the CMF and MFI indicated steady buying pressure and upward momentum, swing traders need to be wary of the $46 local supply zone.
A breakout beyond this resistance could set up a rally to ward $53-$56. However, based on the higher timeframe trend, it remains likely that such a rally would revert to a bearish move later on.
Final Summary The long-term trend was bearish, and the $40-$46 area served as a local consolidation zone. The short-term range formation and volume profiles highlighted important local support and resistance levels.
XRP may be on the verge of a significant upside move following a challenging start to the year. The token lost 27.1% in the first quarter and an additional 22.4% in the second quarter. Now, a rare alignment of technical patterns alongside strong seasonality data is drawing attention to a potential breakout.
Technical indicators suggest a turning pointThe daily chart on TradingView shows XRP confined within a descending broadening wedge, recognized as a classic late-stage accumulation pattern in technical analysis. This setup often signals an emerging end to prolonged selling and the possibility of a reversal.
Supporting this outlook, the relative strength index (RSI) has formed a bullish divergence, suggesting selling pressure is losing momentum. Simultaneously, buyers are managing to defend a local bottom near $1.05, further strengthening the bullish case.
Mini dictionary: Descending broadening wedge, a technical chart pattern where two converging downward-sloping trendlines diverge, often pointing to a possible bullish reversal after prolonged declines.
Seasonality and historical performanceData from CryptoRank, a cryptocurrency analytics platform, shows that the third quarter is traditionally XRP’s most stable growth period. Over the past seven years, XRP has not posted a negative return in Q3.
So far in July, the token’s return stands at 4.19%. Historically, the middle of summer has been a reliable period for recovery after sharp losses in June. XRP slumped 22.1% in June 2026. Following similar dips in previous years, the cryptocurrency rebounded by 47.6% in July 2023 and 35% in July 2025, illustrating strong seasonal recovery pulses.
Period202320252026June Return-18.5%-22.9%-22.1%July Return+47.6%+35%+4.19%The median Q3 return for XRP sits at 25.8%. After six months of continuous price compression, analysts believe this creates notable upside potential for the coming months.
Key resistance zones and potential targetsXRP currently trades near $1.08. To confirm a breakout from the wedge and start a fresh rally, buyers would need to push the price above the $1.12 to $1.18 resistance range. Clearing this level could pave the way for medium-term gains, with targets set between $1.45 and $1.60. These projections represent an approximate 50% rise from current prices.
Broader market stagnation and temporary slowdowns in spot XRP ETF inflows may limit a swift upward move. However, market observers note that the ongoing consolidation within the wedge is establishing a robust foundation ahead of the fourth quarter. Historically, XRP’s average return in Q4 has reached as high as 133.3%.
XRP has never closed Q3 in negative territory in the past seven years, and technical signals are now lining up with this seasonal trend to indicate a potential recovery.
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.
A screenshot shared by crypto commentator Pumpius stirred the XRP investor community after it appeared to show the Depository Trust & Clearing Corporation (DTCC) Learning Center addressing the treatment of XRP as collateral in institutional settings. The DTCC, a major US post-trade financial services provider, handles clearing, settlement, and information services for financial markets.
AI-generated answer draws attentionThe screenshot, posted on X, displayed the DTCC Learning Center’s search interface with “XRP” entered as the query. The resulting page included an AI-generated answer titled “XRP Haircut and Classification,” which explained that the level of collateral haircut for XRP would be determined by its price.
According to the AI’s response, XRP priced at $5 or lower could receive a haircut of up to 100% due to concerns about volatility and liquidity, rendering it nearly worthless as collateral. On the other hand, if XRP traded above $5, the haircut could be reduced, typically to around 35% or based on a Value-at-Risk model, potentially allowing financial institutions to utilize a greater portion of its value for collateral purposes.
Here’s how the DTCC Learning Center AI summarized collateral requirements: XRP at $5 or below could be assigned up to a 100% haircut due to its perceived risk, while at prices above $5, the haircut may decrease to 35% or follow a Value-at-Risk calculation, making institutional collateral use more feasible.
Pumpius interpreted this as support for the notion that XRP would need to sustain a higher price, specifically above $5, to serve as meaningful collateral in institutional finance. He argued that the generated answer demonstrated that a “dirt cheap” XRP would be impractical for large-scale financial operations.
Mini dictionary: Collateral haircut, a financial term referring to the percentage discount applied to the value of an asset when used as loan collateral, typically reflecting the asset’s risk or price volatility.
XRP PriceEstimated Collateral HaircutCollateral Value$5 or lessUp to 100%Near zeroAbove $5Typically around 35% or Value-at-RiskSubstantialExpanding on this view, Pumpius drew connections between the AI-generated guidance and the positions held by key voices in the XRP community. He cited David Schwartz, Chief Technology Officer at Ripple, the technology company behind the XRP Ledger, who has consistently maintained that XRP must have a meaningful market value for efficient support of high-volume payments.
He also referenced Yoshitaka Kitao, CEO of SBI Holdings, a Japanese financial conglomerate and one of Ripple’s prominent partners. Kitao has previously signaled long-term confidence in XRP’s institutional adoption, particularly among Japanese banks, with the expectation that broader use could underpin a much higher price.
In referencing these leaders, Pumpius claimed that the DTCC Learning Center’s response supported earlier arguments that a higher XRP value is essential for serving institutional use cases.
Opposing perspectives quickly emerged among other members of the XRP community. Amanda, an active participant in the discussion, emphasized that the screenshot only showed an AI-generated answer and did not reflect an official DTCC policy or guidance on XRP collateralization. She urged caution, stating that the result simply filled the absence of direct XRP documentation.
XRPL validator Vet took a similar stance, explaining that the AI-generated answer referenced the National Securities Clearing Corporation (NSCC) Risk Margin Guide, not a specific DTCC policy regarding XRP. Vet highlighted that the underlying document does not mention XRP and that the system generated a tailored response because of increased search interest in XRP.
The AI response was formed from general guidelines and recent user queries, not any dedicated DTCC communication or regulatory position on XRP.
As feedback spread, many community members noted that, while Pumpius viewed the response as evidence of long-term institutional potential, it remains an unofficial AI-generated example with limited authority in defining DTCC’s risk policies.
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.
Crypto market analyst Josiah Gallegos stated that XRP is approaching a key junction, as technical signals and potential regulatory developments converge to set the stage for a substantial move.
Technical pattern suggests bullish momentumGallegos highlighted a developing inverse head and shoulders formation on XRP’s daily chart. The structure features three distinct lows: the middle trough acts as the head, with the two flanking dips forming the shoulders.
A horizontal neckline currently sits just above XRP’s trading range. Gallegos noted that the asset must close above this level to confirm the pattern, a milestone that often signals the end of a market downtrend and the potential start of an upward reversal.
He explained that XRP has already begun to break out from a longstanding descending trendline that had capped its price for several months, indicating that early momentum may be building ahead of any decisive chart breakout.
XRP is quietly forming an inverse head and shoulders—one of the strongest bullish reversal patterns. If the structure holds, a major breakout is coming, with timing closely aligned to regulatory developments, Gallegos stated in a recent market update.
Mini dictionary: Inverse head and shoulders, a chart pattern commonly viewed as signaling the end of a downtrend and suggesting a potential move higher if confirmed with a break above the neckline.
Key moving averages hold importanceIn addition to chart patterns, Gallegos emphasized XRP’s positioning relative to its moving averages. He reported that the cryptocurrency is trading above its 50-day exponential moving average, a short- to mid-term indicator that typically signals recovery momentum in technical analysis.
The 200-day exponential moving average remains above the current price, acting as the next significant resistance. Gallegos described reclaiming this level as an important goal for bulls and observed that this longer-term moving average is nearly aligned with the broader descending trendline, making it a focal point for traders seeking confirmation of a sustained reversal.
He suggested that closing above both the neckline and the 200-day EMA could confirm a shift in sentiment and strengthen the argument for a new bullish phase.
IndicatorCurrent StatusTechnical Implication50-day EMAAbove price, reclaimedShort-term bullish signal200-day EMAAbove current priceMajor resistance, confirmation if brokenRegulatory developments may act as catalystsGallegos drew attention to the proposed CLARITY Act in the US Senate, which could impact XRP’s regulatory outlook. The CLARITY Act aims to provide clearer guidelines on digital asset classifications and is currently under Senate discussion. Gallegos said the alignment of this potential legislative milestone with technical developments on XRP could amplify any breakout, particularly if the bill is approved before the Senate recess in August.
He clarified that legislation alone is unlikely to determine XRP’s direction, but added that positive regulatory momentum could coincide with technical signals and boost investor sentiment around the asset.
Mini dictionary: CLARITY Act, a legislative proposal in the United States Senate intended to bring regulatory clarity on how digital assets are classified and overseen in the US financial system.
Gallegos maintained that a combination of technical breakout and favorable regulatory action could bring about a pivotal phase for XRP, urging traders to monitor unfolding developments closely in the coming weeks.
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.
The CLARITY Act has again drawn focus in Washington after crypto influencer Vivek Sen posted a Fox Business interview clip featuring Representative Bryan Steil, fueling speculation about imminent progress in US digital assets legislation.
The CLARITY Act’s progress in CongressRepresentative Bryan Steil discussed the current status of the bill on Fox Business, highlighting his optimism that the United States Senate would soon consider the legislation. “It’s absolutely essential that the United States sets the gold standard for regulations in the digital assets space,” Steil said, underscoring the significance of clear regulatory standards.
He emphasized that the House had already completed its role and expressed urgency for the Senate to act to “unlock so much capital, human capital and financial capital” for American markets.
The bill’s supporters argue that clear federal regulation could drive significant new investment in US digital assets, potentially opening the door to large inflows of capital in assets like Bitcoin and other cryptocurrencies.
The CLARITY Act was first approved by the House on July 17, 2025, with lawmakers voting 294 in favor and 134 against. However, the bill has yet to reach a full floor vote in the Senate.
Current status and political barriersThe legislation advanced through the Senate Banking Committee on May 14, 2026, by a margin of 15 to 9, before moving to the Senate Legislative Calendar on June 1. Despite initial timelines, the Senate missed its July 4 signing goal, and no firm date for a full Senate vote has been set.
With 53 Republican-held seats in the upper chamber, the bill requires 60 votes to pass. At least two Republicans are reportedly expected to oppose the measure.
StepDateVote ResultHouse ApprovalJuly 17, 2025294-134Senate Banking CommitteeMay 14, 202615-9Senate Floor ScheduledAs of June 1, 2026Not scheduledThe main source of contention is a provision proposed by Senate Democrats, who want to prevent US President Donald Trump, his family, and executive branch officials from holding or engaging with cryptocurrencies. The push came after Trump’s financial disclosures showed that he had earned $1.4 billion from crypto since returning to office.
The Senate must resolve these internal divisions before the upcoming recess on August 7, leaving the act’s future uncertain.
Mini dictionary: Vivek Sen is a widely followed cryptocurrency commentator and social media influencer who frequently shares updates and opinions on digital asset legislation and market trends in the United States.
Potential impact of the bill on the crypto marketThe CLARITY Act seeks to provide definitive federal classification for several well-known cryptocurrencies as commodities rather than securities. The bill specifically references assets like XRP, which already has a judicial ruling affirming its commodity status, and would consolidate this protection into federal law, making reversals by future administrations more difficult.
Several market analysts believe the CLARITY Act represents a major potential catalyst for XRP by removing lingering uncertainty and enabling increased institutional involvement. If enacted, the law is expected to benefit both XRP and the wider digital assets sector by clarifying regulatory boundaries.
With the CLARITY Act expected to move forward, some market participants anticipate large-scale capital inflows into digital assets, as clearer regulations may encourage institutional adoption.
The momentum surrounding the bill has grown amid ongoing debates in Congress and strong calls from advocates urging legislators to act before the August recess.
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.
The crypto industry has spent years debating whether the CLARITY Act will pass. Colin McCune, Head of Government Affairs at Andreessen Horowitz, wants to shift the conversation to a different question: what actually happens the moment it does?
The GENIUS Act Already Showed the Playbook
McCune did not have to speculate. He pointed to the GENIUS Act stablecoin legislation as a live case study of what regulatory clarity does to a market.
“There has been an absolute explosion of activity in the stablecoin space,” he said. “A lot of the new entrepreneurial talent coming in, the deal flow we see from a crypto fund perspective, is involved in stablecoins. All the big institutional money, all of the traditional financial players, are entering the space because it’s green light.”
Regulatory ambiguity keeps institutional capital on the sideline. The moment legislation signals a long-term commitment from Washington, that capital moves. According to McCune, the same dynamic would play out across the broader digital asset market the moment CLARITY passes.
The Part Most People Miss
McCune was emphatic about what he believes the market consistently underestimates when thinking about CLARITY’s impact.
The law itself matters less than what it signals. “It is a signal. It’s a signal that America is here and they’ve made a long-term decision and you can’t just go and undo it. That is the biggest thing people miss.”
His argument is that crypto’s deepest institutional capital problem is not about specific rules. It is about certainty. A framework that can be reversed by the next administration, the next regulator, or the next enforcement priority is not a framework that large institutions can build long-term businesses around. Passed legislation is different. It represents a durable commitment that allows companies, investors, and developers to make multi-year bets.
What Day One Actually Looks Like
McCune was open and said passing the bill is not the finish line. It is the starting gun for what he described as an equally important two-year window.
“Passing the bill is passing a framework. Then the regulators have to go and write the very specific rules and issue them. The next two years will also be a very productive and very important time while we watch the bill be implemented across the agencies.”
His expectation is that all of the pent-up talent and capital sitting on the sideline during the years of legislative uncertainty will be ready to move immediately. Developers who held back from launching products in the US, institutions that waited for legal clarity, and international capital that has been watching from a distance will all have their trigger pulled at roughly the same moment.
“In that period, things rip,” he said.
The AI Comparison
McCune also drew a direct comparison between what he expects from CLARITY and what has already happened in AI. As AI stocks and venture activity have surged following the emergence of clear commercial pathways, he believes crypto is positioned to experience an equivalent moment once its regulatory framework is settled. He described CLARITY as the thing that could yin and yang off the AI sector, creating a second major wave of institutional and entrepreneurial activity running in parallel to the AI buildout.
Where the Bill Stands
McCune remained firmly in the bullish camp on CLARITY’s passage despite the back and forth over ethics provisions, developer protections, and illicit finance language that has dominated recent headlines.
“I would be a very wealthy man if I had a nickel for every time someone told me the bill was dead,” he said. “It has died and been brought back to life a million times.”
He said behind-the-scenes conversations over the past month have been extremely positive and that a landing zone exists that works for both parties and for the industry. With the August recess as the deadline and a White House meeting with senators already scheduled, the next two weeks are the most consequential the bill has faced.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
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Finance educator Coach JV has cautioned XRP investors against letting social media debates and speculative narratives guide their investment decisions. In a recent video shared on X, Coach JV addressed the surge in conflicting opinions about XRP, noting that emotionally charged investing often leads to poor financial outcomes compared to any single market event.
Conflicting claims over DTCC and SWIFT tiesCoach JV highlighted the controversy within the XRP community regarding potential connections between XRP and two major financial institutions: the Depository Trust & Clearing Corporation (DTCC) and the SWIFT payment network. While some members argue that XRP has significant links to these organizations, others refute those claims entirely.
He stated that the growing influence of these debates can misguide investors, who may act on claims that lack verification. Fabricated documents that appear authentic but are generated by artificial intelligence have further added to the confusion in the community.
Coach JV admitted to previously sharing an AI-generated document he later found to be inaccurate. He said the incident prompted him to slow down, verify sources, and prioritize independent research when evaluating information circulated online.
He stressed that many documents currently influencing public opinion lack credibility and warned that acting on unverified information can negatively affect portfolios.
Mini dictionary: Depository Trust & Clearing Corporation (DTCC) is a major US-based post-trade financial services company responsible for clearing and settlement of securities transactions. SWIFT is a global messaging system for financial transactions between banks worldwide.
XRP investors are facing an environment filled with speculation, AI-generated misinformation, and conflicting reports about ties to major institutions. Reacting hastily to these narratives can often be more damaging than any isolated market move.
Personal conviction above market rumorsCoach JV revealed that XRP comprises roughly 43% of his cryptocurrency holdings, with Bitcoin representing about 40% and Solana rounding out his top three positions. He continues to accumulate only these assets due to alignment with his long-term investment strategy.
His confidence, he explained, is rooted not in rumors regarding relationships with DTCC, SWIFT, or alleged insider information, but in personal conviction formed through extensive study of successful investors and systematic portfolio management. Coach JV advised others to avoid short-term trading based on internet trends and emphasized thorough research and discipline.
He also pointed out that influencers do not have inside access to confidential developments and rely on information available to the broader public. Reassuring his audience, he warned against placing undue trust in claims of exclusive knowledge from content creators.
Disciplined investors build conviction through research and structure, not by chasing rumors or looking for secretive tips from influencers. Remaining focused on long-term strategy prevents emotional reactions from undermining financial goals.
Approach to market uncertainty and tokenizationReflecting on periods of challenging market conditions, Coach JV noted that he continued buying XRP during the US Securities and Exchange Commission lawsuit and through subsequent crypto market downturns. He later sold a portion after realizing gains, but maintains regular accumulation of XRP, Bitcoin, and Solana.
Addressing recent developments like DTCC’s exploration of tokenization, he acknowledged their importance in the broader digital asset landscape. However, he discouraged viewing industry advances as binary outcomes for specific cryptocurrencies, instead supporting the idea that multiple assets and technologies can coexist as adoption accelerates.
AssetCoach JV’s Portfolio AllocationXRP43%Bitcoin40%SolanaThird-largestCoach JV concluded by urging investors to focus on their own reasons for participating in the market, develop conviction in chosen assets, and follow sources that prioritize careful analysis over emotional responses. He acknowledged future uncertainty regarding direct cooperation between DTCC, SWIFT, and XRP, but affirmed that such unknowns do not shake his confidence in Ripple’s significance or his disciplined investment approach.
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.
With XRP trading around $1.08 and the broader crypto market sitting at $2.19 trillion, one analyst has laid out three distinct price scenarios for XRP by the end of 2026, ranging from a mild recovery to a figure that would turn a modest holding into a life-changing return.
Five hundred XRP coins are currently worth approximately $540. The question is how much that stack could be worth if the market moves in any of three directions between now and December.
The Conservative Case: $2.71 Per XRP
In the most cautious scenario, the total crypto market recovers to $4.2 trillion, which was the all-time high set in 2025. XRP maintains its current market dominance of roughly 4%, unchanged from where it sits today.
At those numbers, XRP would reach approximately $2.71 per coin. Five hundred XRP would be worth around $1,355 by year-end. That represents a meaningful gain from current levels but is the floor of what the analyst considers plausible rather than a base case.
The Realistic Case: $7.90 Per XRP
The middle scenario assumes the crypto market reaches a new all-time high of $7 trillion, nearly double the previous peak. XRP’s dominance grows from 4% to 7%, which the analyst says is a level XRP has reached before given its utility profile among major cryptocurrencies.
Under those conditions, XRP would trade at approximately $7.90. Five hundred coins would grow from $540 today to roughly $3,950 by the end of 2026. The analyst describes this as his base expectation if broader market conditions cooperate, adding that 7% dominance for XRP would still represent a small slice of the overall crypto pie.
The Bull Case: $23 Per XRP
The aggressive scenario assumes everything goes right. The total crypto market cap climbs to $12 trillion, which would be an extraordinary expansion from current levels. XRP dominance rises to 12%, again a level it has previously achieved during major market cycles.
In this scenario, XRP would reach approximately $23 per coin. Five hundred XRP would be worth approximately $11,615, turning a sub-$600 holding into five figures. The analyst frames this as an ambitious but not impossible outcome given the right combination of institutional adoption, regulatory clarity, and broader market momentum.
What Would Need to Happen
None of these scenarios exist in isolation. The realistic and bull cases both require a significant expansion in total crypto market capitalisation driven by new institutional capital, positive regulatory developments, and renewed retail participation. The analyst also said that retail participation is currently very low by historical standards, which could be read either as a warning sign or as evidence that the biggest inflows are still ahead.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Japan has taken a decisive step in cryptocurrency regulation by approving a new framework that reclassifies XRP and other digital assets as financial instruments. This move contrasts with ongoing debates in the United States over the proposed CLARITY Act, which aims to provide regulatory clarity for digital assets.
Japan’s new crypto classification sets stage for XRP ETFX Finance Bull, a well-known cryptocurrency commentator active on social media, described the development as a meaningful shift for XRP and the wider crypto market. He stated that Japan’s action illustrates progress beyond mere legislative debate and demonstrates a concrete commitment to integrating cryptocurrencies within the nation’s financial system.
According to X Finance Bull, the updated regulatory treatment of digital assets creates a legal foundation for the launch of exchange-traded funds (ETFs) tied to XRP and potentially other cryptocurrencies. He described this milestone as a transition from long-discussed ambitions to tangible implementation, especially given Japan’s status as the world’s third-largest economy.
Japan has approved its own framework reclassifying $XRP and other digital assets as financial instruments, marking a clear shift from theory to action. An XRP ETF now moves from an aspiration to an imminent reality in Asia’s leading market.
This shift stands in contrast to the United States, where policymakers continue to debate digital asset legislation. While the CLARITY Act remains under discussion in Congress, Japan’s financial authorities have moved forward with a completed and actionable regulatory model.
ETF filings progressing with support from SBI GroupOne of the central points in X Finance Bull’s analysis concerns the preparations underway for cryptocurrency ETFs in Japan. He pointed to SBI Group, one of the country’s largest financial conglomerates and a longstanding partner of Ripple, as the organization leading these efforts.
SBI Group’s early preparations for an XRP ETF reportedly began well before the latest government approval. The commentator noted that this indicates strategic, long-term planning and confidence in the regulatory trajectory. SBI Group’s collaboration with Ripple over several years may have given it the head start needed to introduce new investment products as soon as policy allowed.
This approach sets the current situation apart from prior announcements or speculative headlines, as institutions like SBI appear positioned to capitalize on regulatory changes swiftly.
Mini dictionary: SBI Group, headquartered in Tokyo, is a major Japanese financial services company engaged in banking, asset management, and fintech, and has been a key partner of Ripple in promoting blockchain adoption throughout Japan and Asia.
Potential impact on XRP adoptionX Finance Bull also emphasized the potential advantages of an XRP ETF for Japanese investors. He explained that by offering regulated financial products, such as ETFs, investors could gain exposure to XRP using familiar brokerage accounts or retirement plans.
Citing the experience of spot cryptocurrency ETFs in the United States, he claimed that XRP funds there have attracted approximately $1.48 billion in investments, even during challenging market periods. This, according to the commentator, demonstrates how structured ETF offerings can broaden participation in the cryptocurrency sector.
Japan’s tax structure may further support market growth. The current flat 20% tax rate on crypto gains stands out as a more straightforward regime compared to other jurisdictions, simplifying the process for investors.
CountryCrypto Tax RateStatus of XRP ETFJapan20% flat ratePreparations underwayUnited StatesVaries (up to 37% for capital gains)No XRP ETF approvedRipple’s close ties with Japanese institutionsThe commentator underscored the significance of Ripple’s relationship with SBI Group. He mentioned that RLUSD, a stablecoin, is already available via SBI VC Trade, and SBI Ripple Asia operates technical infrastructure on the XRP Ledger. These initiatives reflect ongoing efforts to support token issuance and digital asset integration in Japan.
Overall, these developments suggest Japan is prioritizing infrastructure for institutional-grade digital asset products, rather than simply adjusting existing regulations. Analysts suggest the combination of governmental support, ETF readiness, and established partnerships positions Japan as a notable environment for crypto adoption, with XRP poised to benefit from the country’s proactive approach.
SBI has been working with Ripple to build digital finance platforms in Japan for years, providing a robust foundation as the country moves toward institutional crypto adoption.
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.
As Ripple continues to emerge as one of the top names in the crypto industry, its President, Monica Long, has also made the list of the top leaders in the stablecoin market this year, curated by Stablecon.
Following the recent release of its annual leadership recognition list, Stablecon has named Monica Long among the honorees on Stablecon's Most Influential 2026 list.
Monica Long as a Top Woman in Stablecoins Following Long's addition to Stablecon's Most Influential list this year, the Ripple president has earned recognition in two categories, which include Issuer & Protocol Leaders and Top Women in Stablecoins.
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The list is curated every year to recognize leaders across multiple crypto sectors such as stablecoin issuance, blockchain infrastructure, investing, regulation, and ecosystem development.
Stablecon explained that honorees who make it to the list are evaluated based on five criteria, which include ecosystem influence, impact and reach, innovation, momentum, and peer recognition.
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Notably, Monica Long was listed alongside executives from several major stablecoin and digital asset firms, including Paxos, Ondo Finance, Frax Finance, Custodia Bank, Anchorage Digital, and Monerium in the Issuer & Protocol Leaders category.
Also, Long made the list in the Top Women in Stablecoins category, being one of only two Ripple-associated executives celebrated as female leaders making major contributions to the stablecoin industry.
RLUSD in spotlight as Ripple pushes for wider adoption It is not surprising that Monica Long has been recognized as a top leader in the stablecoin sector, as Ripple continues to advance its native stablecoin, RLUSD, while expanding its use cases.
Apparently, Monica Long's recognition as a Top Woman in Stablecoins comes following Ripple's consistent developments targeted at expanding its presence in the stablecoin market through RLUSD.
As Ripple's president, Long has played a key role in bringing RLUSD to the global market and driving its adoption for real-world payments and financial applications.
비댁스, 리플 커스터디 활용해 XRP, RLUSD 및 디지털 자산 커스터디 인프라 제공 XRPL(XRP 레저) 개발자 및 생태계 성장 지원RLUSD 스테이블코인 활성화를 위한 인프라 구축 및 협력
디지털 자산 커스터디 선도기업 비댁스(BDACS)가 26일 기관급 디지털 자산 인프라 선도 기업 리플(Ripple)과 전략적 파트너십을 맺었다고 밝혔다.
이번 파트너십은 금융위원회가 최근 발표한 법인의 가상자산 시장 진입 단계적 허용 기조에 맞추어 ▲기관 투자자들을 위해 안전한 XRP 및 RLUSD 커스터디를 제공할 뿐만 아니라 ▲XRPL(XRP 레저) 개발자 및 생태계 성장 지원 ▲스테이블코인(RLUSD)의 사용성 확대 ▲블록체인 규제 특구인 부산과의 시너지 효과 등 기관급(Institution Level) 커스터디 시장을 고도화하고 국내 기술적, 사업적 기회 확대를 목표로 한다.
비댁스의 류홍열 대표는 이번 파트너십 체결에 대해 "비댁스는 리플이 선도하는 블록체인 이니셔티브를 뒷받침하는 안전하고 신뢰할 수 있는 커스터디 서비스를 제공하고, 궁극적으로 양사가 디지털 자산 생태계를 고도화 및 확장하는 계기가 될 것이다"라고 밝혔다.
비댁스는 기관급 보안을 유지하면서 디지털 자산을 안전하게 보관, 관리 및 접근할 수 있도록 암호화폐 관리자, 거래소, 장외거래 등에 인프라를 제공하는 리플 커스터디를 활용할 계획이다. 2030년까지 보관되는 디지털 자산의 규모는 16조 달러에 달할 것으로 예상되며, 2030년까지 전 세계 GDP의 10%가 토큰화될 것으로 예측된다. 커스터디는 모든 디지털 자산 비즈니스의 기반이 되며, 토큰화, 자산 관리, 스테이블코인 발행 등 다양한 분야에서 새로운 유스케이스를 도모한다.
비댁스는 이번 파트너십을 통해 XRP 와 RLUSD를 모두 지원하게 된다. XRP는 결제 목적으로 설계된 디지털 자산으로, 크립토 네이티브 및 실제 자산의 토큰화 및 거래에 있어 10년간의 신뢰성과 안정성을 증명해온 탈중앙화 레이어 1 블록체인 XRP 레저의 네이티브 토큰이다. RLUSD는 엔터프라이즈급 미국 달러 기반 스테이블코인으로 그간 크립토 및 기존 금융 시스템 업계에서 쌓아온 리플의 전문성을 바탕으로 신뢰성과 유연성 및 컴플라이언스에 중점을 맞춰 개발되었다.
피오나 머레이(Fiona Murray) 리플 아시아태평양 지역 총괄은 “비댁스와의 파트너십을 통해 한국의 기관 투자자들에게 리플의 커스터디 솔루션을 제공할 수 있게 되어 기쁘다”며, “금융위원회의 규제 로드맵에 따라 암호화폐 시장이 급성장하고 새로운 기회가 생겨나고 있는 상황에서 이번 파트너십은 디지털 자산 생태계를 확장하는 데 중요한 발걸음이 될 것”이라고 말했다.
최근 발표된 법인 거래의 단계적 허용, 스테이블코인 규율 체계 마련 등 가상자산 관련 규제 흐름이 긍정적으로 변화하고 있는 만큼, 디지털 자산 커스터디 전문 기업의 수요가 폭발적으로 증가할 것으로 예상된다. 이러한 상황에서 비댁스는 국내 최초의 기관급 커스터디 기업 중 하나로 투자자들이 국내 규제 환경 내에서 XRP 및 RLUSD를 비롯한 디지털 자산을 안전하게 거래할 수 있도록 시장 접근성 솔루션을 제공할 계획이다.
리플은 안전하고, 컴플라이언스를 준수하는 간편한 디지털 자산 인프라로 금융 기관들이 디지털 자산을 토큰화, 수탁, 거래 및 운용에 필요로 하는 핵심 서비스를 제공한다. 특히, 디지털 자산 업계 내 10년 이상의 경험과 여러 관할권에 거쳐 60개 이상의 규제 라이선스를 보유하고 있다.
한편, 비댁스는 아발란체(Avalanche),폴리매쉬(Polymesh) 등 주요 메인넷과의 파트너십을 통해 토큰 증권(STO), 실물자산 토큰화(RWA) 등 글로벌 디지털 자산 시장에서 빠르게 입지를 넓히고 있다. 특히 비댁스는 지난 해 12월 국내 최고 시중은행인 우리은행과 협력하여 디지털 자산 커스터디 비즈니스 관련 중요한 파트너십을 구축한 바 있다.
비댁스 소개
비댁스는 국내 기관을 위한 선도적인 디지털 자산 관리인으로, 변화하는 디지털 자산 환경을 고객이 자신 있게 탐색할 수 있도록 안전하고 규제를 준수하며 혁신적인 관리 솔루션을 제공한다. 국내 최고 수준의 은행과 전략적 파트너십을 맺고 있으며, 국내외 컴플라이언스와 규제를 준수하고 있는 BDACS는 기관급 디지털 자산 관리의 기준을 설정하고 있다. 비댁스의 종합적인 서비스 제품군은 기관 고객의 복잡한 요구를 충족하도록 설계되어 맞춤형 관리 솔루션, 원활한 거래 결제, 광범위한 시장 접근성을 제공한다. 업계에서 가장 광범위하고 미래지향적인 역량을 갖춘 BDACS는 기관이 국내는 물론 전 세계에서 디지털 자산 전략을 추진하는 데 필요한 신뢰, 보안, 운영 효율성을 제공하는 디지털 자산 관리의 미래를 형성하고 있다.
리플 소개
리플은 금융기관을 위한 디지털 자산 인프라 선도 기업이다. 리플은 단순하면서도 규제를 준수하는, 신뢰도 높은 소프트웨어를 제공해 비효율성을 해결하며 글로벌 금융 혁신을 불러일으키고 있다. 리플 솔루션은 개발자 및 금융 유스케이스 전반에서 빠르고 저렴하며 확장성이 뛰어난 거래를 위해 설계된 XRP 레저(XRP Ledger, XRPL)와 네이티브 디지털 자산인 XRP를 활용한다. 리플의 결제, 커스터디 및 스테이블코인 솔루션은 전 세계 규제 당국 및 정책 입안자들로부터 검증된 실적을 바탕으로 디지털 자산 경제를 선도하며 기업 블록체인에 대한 신뢰와 믿음을 쌓아가고 있다. 리플은 고객, 파트너, 개발자 커뮤니티와 함께 전 세계가 가치를 창출, 저장, 관리, 이동하는 방식을 혁신하고 있다.
Key Takeaways The moderate scenario projects XRP between $5 and $8 by 2031, driven by growing institutional integration In an optimistic scenario, XRP could climb to $15–$25 if it captures significant global settlement market share A pessimistic outlook places XRP at $1–$2 should adoption stall or competitive pressures mount Exchange-traded fund flows may constrain circulating supply while boosting retail and institutional accessibility Across weighted probability scenarios, XRP’s 2031 target centers around $7.90 For years, XRP has maintained its position as one of the cryptocurrency sector’s most debated digital assets. Its specialized focus on facilitating international payments and serving institutional clients distinguishes it from broader platforms like Bitcoin and Ethereum.
XRP Price Following an extended period dominated by regulatory challenges, XRP has transitioned into a more promising chapter. Enhanced legal clarity, the introduction of regulated spot ETF products, and Ripple’s aggressive global partnership strategy have reignited attention from the investment community.
The central question facing investors today is straightforward: what price level could XRP realistically achieve by 2031?
For several years, Ripple has systematically developed relationships with financial institutions and payment service providers worldwide. Meanwhile, the XRP Ledger continues broadening its use cases beyond payments—venturing into tokenization of tangible assets, DeFi applications, and supporting the RLUSD stablecoin infrastructure.
Under moderate assumptions, XRP is projected to trade between $5 and $8 by the end of the decade. Such valuations would correspond to a total market capitalization spanning approximately $325 billion to $520 billion.
Optimistic Projection The bullish forecast operates under the premise that XRP establishes itself as a dominant infrastructure layer for institutional transaction settlement and international money transfers.
The launch of XRP-based ETF products represents a critical growth driver in this scenario. These regulated investment vehicles have dramatically lowered barriers for traditional investors seeking exposure to the asset. Sustained inflows into these products could create supply constraints while simultaneously expanding demand channels.
Should the tokenized asset sector evolve into a multi-trillion-dollar market—and the XRP Ledger successfully captures a substantial portion of that activity—XRP’s total value could approach the $1 trillion threshold. Under these conditions, individual token prices would fall within the $15 to $25 range.
While this represents an aggressive projection, a growing number of long-term holders no longer consider it entirely implausible.
Pessimistic Projection The primary vulnerability facing XRP centers on implementation challenges. Ripple’s payment infrastructure could achieve commercial success without necessarily translating into proportionate demand for the underlying XRP token.
Meanwhile, competitive pressure continues intensifying. Ethereum Layer 2 solutions, Solana’s payment rails, fiat-backed stablecoins, and emerging central bank digital currencies all represent viable alternatives for institutional payment settlement.
Under this less favorable scenario, XRP’s trading range could remain confined between $1 and $2 throughout the next half-decade.
XRP’s distinguishing characteristic remains its institutional orientation. Rather than positioning itself as a multipurpose blockchain platform, it’s strategically aligned as foundational infrastructure supporting the global financial system.
When factoring probability weights across bear, base, and bull scenarios, the blended price expectation for XRP by 2031 lands at approximately $7.90.
Monica Long, President of Ripple, has received a place on the Stablecon’s Most Influential 2026 list, showcasing her growing prominence in the stablecoin sector. Ripple, known for providing blockchain solutions for payments and enterprise finance, has continued to solidify its role as a major player in digital assets and stablecoins under Long’s leadership.
Stablecon’s annual recognitionStablecon, an organization specializing in stablecoin research and industry analysis, compiles its annual list to highlight the year’s most prominent leaders across the stablecoin ecosystem. The Most Influential 2026 list focuses on various categories, including Issuer & Protocol Leaders and Top Women in Stablecoins, acknowledging contributions from founders, executives, and key decision-makers.
This year, Stablecon selected honorees based on ecosystem influence, broad impact, innovation, market momentum, and peer recognition. The organization recognized Monica Long for making significant strides both as an issuer and protocol leader, and as a female executive shaping the stablecoin landscape.
In the Issuer & Protocol Leaders category, Long appeared alongside senior executives from firms such as Paxos, Ondo Finance, Frax Finance, Custodia Bank, Anchorage Digital, and Monerium. These companies play central roles in stablecoin development, issuance, and digital asset infrastructure.
Long was also included in the Top Women in Stablecoins category. She was one of only two Ripple-associated executives to receive this recognition as a standout female leader in the industry.
Stablecon evaluates candidates for their annual list using five main criteria: ecosystem influence, measurable impact and reach, innovation in products and markets, recent momentum, and the degree of recognition from peers within the industry.
CategoryHonoreeAffiliationIssuer & Protocol LeadersMonica LongRippleIssuer & Protocol LeadersExecutivesPaxos, Ondo Finance, Frax Finance, Custodia Bank, Anchorage Digital, MoneriumTop Women in StablecoinsMonica LongRippleRLUSD in spotlight as Ripple expands adoptionRipple has placed particular emphasis on RLUSD, its native stablecoin, as a strategic pillar in the company’s growth and technology stack. The company has aimed to position RLUSD as a reliable digital currency for global payments and enterprise transactions.
Monica Long has been central to Ripple’s efforts to expand RLUSD’s use cases and market reach. As president, she has led initiatives focused on adoption for real-world payments, aiming to strengthen Ripple’s foothold in the competitive stablecoin environment.
Stablecoins, like RLUSD, offer value stability by pegging their worth to traditional assets, typically fiat currencies such as the US dollar. This stability differentiates them from other cryptocurrencies such as Bitcoin, whose prices can fluctuate widely.
Mini dictionary: RLUSD, also known as Ripple USD, is Ripple’s own stablecoin pegged to the US dollar, developed to facilitate fast and secure cross-border transactions.
Ripple’s push for broader RLUSD adoption reflects the company’s long-term vision of integrating stablecoins into mainstream financial systems. Industry observers have noted Ripple’s focus on developing blockchain-powered financial solutions, driven by its leadership team’s commitment to innovation and market growth.
Monica Long’s dual recognition in Issuer & Protocol Leaders and Top Women in Stablecoins comes as Ripple intensifies its efforts to advance digital finance through RLUSD and collaborative industry partnerships.
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.
XRP withdrawal activity on Binance has climbed to its highest level in at least two years.
According to a new on-chain analysis by CryptoQuant contributor Amr Taha, the exchange is now recording a significantly larger share of withdrawal transactions than of deposits.
Taha said Binance’s share of XRP withdrawal transactions reached 54.5% on July 17, the highest level since July 2024. Meanwhile, deposit transactions fell to 45.4%, the lowest reading since the same period and below the previous low of 46.7% recorded on June 20, 2025.
XRP Deposit/Withdrawal chart The widening gap between withdrawals and deposits has expanded to 9.1 percentage points, up from 6.5 points on June 20, 2025. According to Taha, this makes the current imbalance roughly 40% wider than the previous comparison.
Binance Outpaces Broader Exchange Trend The broader centralized exchange market is showing a similar pattern, though Binance’s shift is more pronounced.
Across all centralized exchanges, withdrawal transactions accounted for 53.01%, nearly matching the 53.09% recorded on June 20, 2025, while deposit transactions stood at approximately 46.9%.
Binance’s withdrawal share is now 1.49 percentage points higher than the all-exchange average. Its 9.1-point withdrawal-deposit gap is also nearly 49% wider than the roughly 6.1-point gap observed across all centralized exchanges.
The figures suggest Binance users are moving XRP off the exchange at a faster rate than the broader market, although the data reflects the number of transactions rather than the size or value of transferred funds.
Previous Pattern Preceded 66% XRP Rally Taha pointed to a historical parallel that has drawn attention from market participants.
After similar transaction levels were recorded on June 20, 2025, XRP’s price climbed from approximately $2.11 to $3.50 by July 21, delivering a gain of nearly 66% in about one month.
At the time of the analysis, XRP was trading near $1.09, around 48% below its June 2025 comparison price and nearly 69% below the subsequent $3.50 peak.
However, Taha cautioned against interpreting the data as a direct bullish signal. The metrics track the proportion of deposit and withdrawal transactions, not the volume of XRP being transferred or net exchange flows.
As a result, the shift reflects a change in transaction composition rather than definitive evidence of capital leaving exchanges or a guarantee that price will follow the same trajectory.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Consensys has temporarily halted product releases after a North Korea-linked consultant gained access to its systems for about one month.
Summary
Consensys halted product releases after a North Korea-linked consultant accessed its systems for one month. An internal investigation found no stolen assets, exposed data, malicious code, or user harm. Consensys will review contractor screening as North Korean operatives increasingly target crypto firms. Drop Site News reported that the developer joined the Ethereum software company under the alias “Tyler Knapp” and used the GitHub handle “imyugioh.” Public GitHub records reviewed by the outlet showed that the consultant began contributing code on March 9 before his access ended in April.
Internal messages obtained by Drop Site showed that Knapp worked on core MetaMask platform code, including sections used to connect crypto users with third-party fiat payment providers. Consensys suspended product releases during its investigation and instructed staff to avoid contact with the consultant, according to the report.
Consensys general counsel Matt Corva told Drop Site that an established third-party service provider introduced Knapp to the company. Corva stressed that Consensys treated him as a consultant rather than a direct employee.
“Very quickly after being introduced, we discovered the threat, followed our security protocols, immediately terminated any access and launched a comprehensive investigation that confirmed there was no misappropriation of assets or data, no malicious code deployed, and no impact to user safety and security.”
Although Consensys disclosed no financial losses, Corva said in a statement that the company would reassess how it outsources engineering and development work. The firm also notified law enforcement and provided information about the incident, according to internal communications reviewed by Drop Site.
Consensys found no loss of user assets Consensys’ investigation found no evidence that the consultant stole company data or digital assets, inserted harmful code, or compromised users, according to Corva. The company did not publicly explain how it established the developer’s alleged ties to the Democratic People’s Republic of Korea.
Even without a confirmed loss, developer access can expose sensitive infrastructure. According to TRM Labs, developer environments have become one of the quickest paths for attackers seeking access to systems that hold private keys or approve crypto withdrawals.
A six-month investigation supported by the Ethereum Foundation’s ETH Rangers Program shows that the hiring threat extends beyond Consensys. The Ketman Project identified about 100 suspected North Korean IT workers using false identities across 53 crypto and Web3 projects, according to an ETH Rangers recap published in April.
Ketman investigators also traced at least three suspected groups across 11 code repositories, where projects had merged 62 pull requests before detecting the activity. The project reported that some applicants used generated profile pictures, forged identity documents and false Japanese identities to pass screening checks.
North Korea remains crypto’s largest hacking threat North Korea-linked groups have repeatedly used fake identities and remote engineering jobs to gain entry to technology companies. As crypto.news reported in November, Opsek founder and Security Alliance member Pablo Sabbatella warned at Devconnect Buenos Aires that North Korean workers could be embedded in as many as one-fifth of crypto companies.
Sabbatella also estimated that North Korean applicants account for roughly 30% to 40% of job applications received by crypto firms, suggesting that employment fraud is not limited to isolated cases.
Crypto companies face added risk because employees and contractors can receive access to code, wallets and transaction systems. TRM Labs estimated that North Korea was responsible for 64% of the value stolen in crypto hacks during 2025, when total losses exceeded $2.7 billion. TRM Labs
One attack accounted for much of the damage. The FBI attributed the February 2025 theft of about $1.5 billion from Bybit to North Korea’s TraderTraitor group, which dispersed the assets across thousands of blockchain addresses. FBI
TRM Labs reported that more than 30 exchanges and decentralized finance protocols now share rapid alerts through its Beacon Network when North Korea-linked funds reach participating platforms. For Consensys, the consultant’s removal prevented any known user loss, but the incident has prompted a review of the company’s third-party hiring controls.
A TrustedVolumes attacker has returned 1,122 ETH worth about $2 million while keeping another $2 million as a self-declared bounty.
Summary
The TrustedVolumes attacker returned 1,122 ETH worth about $2 million. The exploiter retained another $2 million as a self-declared bounty. Blockaid traced the May attack to TrustedVolumes’ custom RFQ swap proxy. According to Com Feed monitoring, the Ethereum transfer represents a partial recovery from the May exploit, which initially drained about $5.87 million from a contract controlled by the liquidity provider. The attacker has retained roughly the same dollar amount as the returned funds, labeling it a bounty.
⚠️ JUST IN: The TrustedVolumes exploiter has returned 1,122 ETH ($2M+
The original exploit resulted in more than $5.8M being stolen. The exploiter has now returned around $2M while retaining another $2M as a “bounty" pic.twitter.com/HJSdx4i4Or
— Com Feed (@thecomfeed) July 18, 2026 At the time of writing, TrustedVolumes had not formally confirmed that it had accepted the attacker’s bounty terms.
Partial repayment recovers only part of the stolen funds TrustedVolumes disclosed in May that the total loss had reached roughly $6.7 million, exceeding the initial estimate reported by security researchers. The company said at that time the stolen assets were held across three addresses containing approximately $3 million, $3 million, and $700,000.
Seeking to recover the assets, TrustedVolumes offered to discuss a vulnerability bounty and what it called a mutually acceptable solution. The liquidity provider also invited the attacker to begin constructive communication, though its statement did not specify a proposed bounty rate.
Before the stolen tokens were consolidated, Blockaid identified 1,291.16 WETH, 206,282 USDT, 16.939 WBTC, and 1.27 million USDC among the drained assets. PeckShield later reported that the attacker exchanged the tokens and gathered the proceeds into about 2,513 ETH.
The returned 1,122 ETH was worth about $2 million at the time of writing, while Com Feed valued the attacker’s retained bounty at a similar amount. The combined dollar value is lower than the original loss because ETH has fallen since the May exploit, when the stolen assets were converted into the cryptocurrency.
Custom TrustedVolumes proxy caused the security breach As previously reported by crypto.news, Blockaid traced the May 7 attack to a custom request-for-quote swap proxy operated by TrustedVolumes. According to the security firm, the attacker targeted the company’s Ethereum resolver setup rather than a regular 1inch swap route.
TrustedVolumes used the RFQ system to quote token prices and complete signed trades from its inventory. Verichains found that a public function lacked access controls, allowing the attacker to register an address as an approved order signer and create transactions that appeared valid to the proxy.
During the same transaction, the attacker directed the proxy to pull WETH, WBTC, USDT, and USDC from the TrustedVolumes inventory vault. Verichains also identified a mismatch between the address checked for authorization and the address supplying the tokens, while faulty replay protection failed to record orders correctly.
Although the affected market maker supplied liquidity through 1inch, the attack did not compromise 1inch’s core aggregation contracts or standard user routes, according to 1inch’s account of the incident. Blockaid linked the wallet to the March 2025 Fusion V1 exploit but reported that the May attack used a different flaw tied to TrustedVolumes’ custom proxy.
Ethereum (ETH) price is up slightly by 1.82% today, July 18, after the Chair of the US House Administration Committee, Bryan Steil, opined that the CLARITY Act bill could pass in the coming week. The bill’s passage will see ETH being classified as a digital commodity, a move that could bolster retail and institutional demand for the biggest altcoin.
ETH price traded at $1,845 at the time of writing. It is currently testing the support at the 50-day EMA, but bulls remain in control as this support holds.
US House Chair Eyes CLARITY Act Passage Next Week While speaking in an interview with FOX Business, U.S. Representative Steil has said that the Senate could pass the CLARITY Act bill in the week between June 20 and June 24.
Steil says that this will be the week when the bill will go to the Senate floor for voting, and if senators vote in favor of it, the US might “set the gold standard” for regulating crypto assets like Ethereum and potentially drive price gains.
Steil’s remarks come shortly after reports that the final text for the CLARITY bill will also be released next week. This new text might include changes on ethics and stablecoin yields.
Steil’s remarks have increased the likelihood of the bill passing. Data from Polymarket shows that the odds that the CLARITY Act will pass in 2026 have increased from 30% on July 17 to 42% at the time of writing.
Ethereum Price Prediction as Bears Test Key Support Level Ethereum price is testing the 50-day EMA support of $1,812 ahead of the crucial vote on the CLARITY Act bill that could officially classify ETH as a digital commodity if it passes.
If ETH price remains above this support, it could draw buyers that might push it to the 100-day EMA of $1,939. The buying pressure might come from the Senate passing the CLARITY Act.
The RSI reading of 57 also supports a bullish long-term Ethereum price prediction. This RSI is also making higher highs, suggesting that bulls are tightening their grip.
This bullish momentum might not only push ETH to the 100-day EMA of $1,939, but it could also trigger a move to $2,244. This is according to a previous Coingape Ethereum price analysis that detected a bullish double-bottom pattern forming on ETH’s daily chart.
ETH/USDT: 1-day chart (Source: TradingView) But if ETH closes below this support of $1,812, the price might drop to the 20-day EMA of $1,791. That drop might be caused by the US Senate failing to get enough votes to push the CLARITY Act forward, a move that may trigger a bearish Ethereum price prediction.
Ethereum ETFs Post Highest Weekly Inflows Since April Data from SoSovalue shows that there were $105 million inflows to spot Ethereum ETFs in the week between July 13 and July 17. This $105 million is the highest inflow that the ETFs have seen since April 2026.
Ethereum ETF Flow Data (Source: SoSoValue) The inflows suggest that institutions are getting more exposure to Ethereum price ahead of the CLARITY Act vote that would increase the regulatory clarity around ETH.
If the CLARITY Act passes, these spot ETF inflows could increase as institutions that were shying away because of regulatory uncertainty start buying ETH.
The institutional demand also comes amid an increase in Ethereum’s DeFi TVL that has increased from $36 billion on July 1 to $40 billion on July 17, per DeFiLlama.
This marks the first time that the TVL on Ethereum has gone above $40 billion since May 2026.
Ethereum is once again testing a critical breakout level after losing steam in its initial attempt to rally, raising uncertainty over the cryptocurrency’s immediate price direction.
Testing the breakout: Cup-and-handle pattern in focusAfter briefly moving above the neckline of a classic cup-and-handle formation, Ethereum has pulled back to retest this crucial price point. This neckline, between $1,825 and $1,850, has served as a significant resistance level several times in the recent past.
Ethereum climbed as high as $1,930 following the breakout but failed to hold those gains, bringing its price back to the edge of the previous resistance zone. Market analysts view a rebound at these levels as a potential sign that former resistance has turned into new support, keeping Ethereum’s bullish structure intact.
If buying demand returns and the price holds firm above the neckline, attention could quickly shift toward resistance at $1,900 and $1,950, with the psychologically significant $2,000 level also acting as a key target for traders in the short term.
A decisive loss of momentum at the neckline would weaken the technical pattern and may signal another failed breakout, increasing the risk of a larger correction. In such a scenario, Ethereum may first revisit $1,775, with substantial support expected near $1,700 if the decline continues.
Long-term outlook: Multi-year channel supports $10,000 projectionOn a broader timeframe, Ethereum remains near the bottom edge of a long-term ascending price channel, having recently defended support within the $1,537 to $1,683 weekly demand zone. Technical strategists suggest that as long as this area holds, the overarching upward trend remains intact, offering a path to much higher price levels.
Chart analysis indicates that Ethereum briefly dipped below its long-standing trendline before buyers lifted it back above, producing a strong bullish candle on the weekly chart. However, for confidence to build, Ethereum needs to maintain support around $1,700 to $1,800 and regain control of the high-volume trading zone above $2,000.
The journey toward the upper boundary of the channel, projected at $10,000 to $12,000, faces several obstacles. Ethereum would first need to overcome sellers in the $3,000 to $3,400 range and revisit last cycle’s highs near $4,800. Further momentum could challenge resistance at $6,400 before any approach to five-figure price territory.
A breakdown below the $1,537 to $1,683 order block could threaten the recovery, potentially leading Ethereum to test liquidity near $1,200 before any substantial reversal emerges. Overall, the five-figure target remains a long-term possibility, contingent on Ethereum’s ability to hold key support levels and reclaim former areas of high trading activity.
Mini dictionary: Cup-and-handle pattern – A technical analysis chart pattern that signals potential for a bullish breakout, consisting of a rounded “cup” base followed by a smaller consolidation or “handle” before an upward move.
Level / AreaTypePrice RangeCup-and-handle necklineSupport/Resistance$1,825–$1,850Immediate TargetResistance$1,900–$1,950Key Psychological LevelResistance$2,000Major ResistanceResistance$3,000–$3,400Cycle HighResistance$4,800Channel Top ProjectionResistance$10,000–$12,000Order BlockSupport$1,537–$1,683Deeper SupportSupport$1,700, $1,200Disclaimer: 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.
BitMine Immersion Technologies has added a major Ethereum position to its balance sheet, but the market reaction shows investors are not automatically rewarding every corporate crypto treasury move.
The company disclosed the purchase of 42,197 ETH, valued at roughly $73 million, in a July 16 SEC filing. The acquisition expands BitMine’s Ethereum treasury strategy at a time when public companies are still experimenting with how far they can push crypto exposure as part of corporate balance-sheet management.
The headline sounds bullish for Ethereum. A public company buying tens of thousands of ETH is not a small move. But BitMine’s stock slid in the following session, suggesting equity investors may be looking at the strategy with more caution than enthusiasm.
That contrast is the story. Crypto investors may see treasury accumulation as conviction. Stock investors may see concentration risk.
Reference: SEC
TL;DR BitMine disclosed a 42,197 ETH purchase worth about $73 million. The acquisition expands the company’s Ethereum treasury strategy. BMNR stock fell after the disclosure, suggesting investors are questioning the risk/reward of the move. Ethereum Treasury Strategies Are Getting Bigger Corporate crypto treasury strategies are no longer limited to Bitcoin.
Bitcoin remains the cleanest and most established balance-sheet asset in the sector, largely because it is easier to explain as digital scarcity or a macro hedge. Ethereum is more complicated. ETH has a broader utility story, but that also means investors have to understand staking, smart contracts, DeFi, network fees, regulation, and ecosystem risk.
That makes BitMine’s move interesting.
A $73 million ETH purchase is not just a symbolic allocation. It is a serious commitment to Ethereum as a treasury asset. According to the available filing and market data, the filing details the acquisition of 42,197 ETH and places it inside a much larger Ethereum-focused balance sheet.
For crypto-native readers, that may look like an aggressive bet on Ethereum’s long-term role. For equity investors, it may raise a different question: is BitMine still being valued as an operating company, or is it becoming a leveraged public-market proxy for ETH?
That distinction is important because the stock market does not always treat crypto treasury exposure the way crypto traders expect.
Why The Stock Reaction Matters When a company announces a large crypto purchase and the stock falls, the market is sending a message.
It does not necessarily mean investors think Ethereum is weak. It may mean they are unsure whether the company’s treasury strategy improves shareholder value. Public-market investors care about dilution, financing terms, execution risk, custody, accounting treatment, and whether management is using capital efficiently.
If a company’s core business is already tied to crypto, adding more ETH can intensify the same risk rather than diversify it.
That is why BitMine’s stock move matters. It suggests the equity market may be less impressed by headline accumulation than the crypto market might be. Investors could be asking whether the company has enough operating strength to support the strategy, or whether the stock is now mostly a bet on ETH price performance.
This is the challenge every public crypto treasury company faces.
A rising crypto market can make the strategy look brilliant. A drawdown can make it look reckless. The difference often depends on timing, leverage, investor expectations, and whether the company can explain why holding the asset strengthens the business.
What It Says About Ethereum Demand For Ethereum itself, corporate buying remains a constructive signal.
The more entities that treat ETH as a treasury asset, the stronger the argument that Ethereum is maturing beyond a trading token. ETFs, staking infrastructure, tokenization, and DeFi already support the institutional case. Treasury accumulation adds another layer.
But the BitMine reaction also shows that Ethereum treasury demand is not a one-way narrative.
Investors may support ETH exposure in some structures and reject it in others. A spot ETF may be easier for institutions to understand than a company stock with operational risks attached. A clean fund product may be preferable to a public miner or infrastructure company using its balance sheet to accumulate tokens.
That does not make BitMine’s strategy wrong. It simply means the market will judge it through more than the ETH price.
The next thing to watch is whether BitMine can show a clear reason for holding such a large Ethereum treasury. If the strategy is backed by a coherent capital plan, custody framework, and operating model, investors may become more comfortable. If it looks like a pure price bet, the stock may remain volatile.
For crypto markets, the purchase still matters. It is another example of ETH moving into corporate treasury discussions. For equity markets, the message is more cautious: buying Ethereum is not enough by itself. Public companies still have to prove the allocation makes sense for shareholders.
This article is based on BitMine’s SEC filing and BMNR market data.
This article was written by the News Desk and edited by Samuel Rae.
Ethereum has risen 1.8% to $1,845 after Rep. Bryan Steil raised hopes for a Senate vote on the CLARITY Act next week, while ETF inflows and firm chart support kept traders cautiously bullish.
Summary
Ethereum rose 1.8% as Bryan Steil raised hopes for a CLARITY Act vote next week. Spot Ethereum ETFs recorded $105 million in weekly inflows, their highest since April. ETH must defend $1,830 and break $1,854 to target the $1,947 resistance zone. Steil, who chairs the House Financial Services Subcommittee on Digital Assets, told FOX Business that the bill could reach the Senate floor in the coming week. Passage could place ETH under a digital commodity framework and establish federal rules for its trading and oversight.
During a July 17 hearing, Steil urged lawmakers to complete the legislation as the Senate prepares to consider it. “Let’s pass CLARITY,” he stated in remarks published by the House Financial Services Committee.
Polymarket traders raised the probability of the bill becoming law in 2026 to 39% from 30% on July 17. However, unresolved disputes over ethics rules and stablecoin yields have kept the odds below 50%.
Source: Polymarket Institutional flows have also improved. SoSoValue data showed that spot Ethereum ETFs attracted $105 million between July 13 and July 17, their strongest weekly inflow since April.
Ethereum’s decentralized finance activity has grown alongside the ETF demand. DeFiLlama placed the network’s total value locked at about $40.5 billion, up from roughly $36 billion at the start of July. The network also processed $978.9 million in decentralized exchange volume and 2.46 million transactions over the past 24 hours.
Ethereum must clear $1,854 to reopen the path toward $1,947 Ethereum’s daily chart shows a double-bottom structure formed around $1,511, with the neckline near $1,847. ETH briefly climbed to $1,947 before returning to test the neckline, which now overlaps with the 0.786 Fibonacci retracement at $1,853.82.
Ethereum daily price chart — July 18 | Source: crypto.news A daily close above $1,854 would place the recent $1,947 high and the 100-day exponential moving average near $1,939 back in play. The double-bottom structure has a measured target near $2,180, while crypto analyst Michaël van de Poppe expects $2,200 to $2,400 if the $1,780 support remains intact.
It's incredibly more likely that we'll start to see $ETH at $2,000+ in the near future.
The asset is running a new upwards trend and flipping previous resistance levels for support.
I don't think things should be overcomplicated, and on the lower timeframe levels, it's clearly… pic.twitter.com/h7OAoppiec
— Michaël van de Poppe (@CryptoMichNL) July 18, 2026 Daily momentum still favors buyers, although the pace has slowed. The MACD line stands at 35.57, above the 21.69 signal line, while the positive histogram has contracted to 13.88. The relative strength index sits at 57.15, leaving ETH below overbought territory.
On the 4-hour chart, Ethereum (ETH) remains inside an ascending channel that has guided the recovery since late June. Its lower boundary and the previous Supertrend support meet around $1,830, while the upper boundary extends toward $2,040. Chaikin Money Flow remains positive at 0.07, but the active Supertrend resistance at $1,908 must fall before buyers can retest the July high.
Ethereum 4-hour price chart — July 18 | Source: crypto.news CoinGlass’ 48-hour liquidation heatmap places the nearest dense leverage cluster between $1,860 and $1,870. More positions sit around $1,900, while downside liquidity has accumulated near $1,810 and $1,790.
Ethereum liquidation heatmap | Source: CoinGlass According to analyst Ted Pillows, the $1,820–$1,850 region will decide ETH’s next move.
“If Ethereum holds above it, expect another uptrend towards $1,950–$2,000.”
A break below $1,780 would weaken Ethereum’s recovery Ethereum would lose its 4-hour channel if sellers force a close below $1,830. Such a move would expose the 50-day EMA near $1,812 and could trigger leveraged long liquidations around $1,810.
A deeper decline below the 61.8% Fibonacci level at $1,780.64 would weaken the double-bottom setup and open the 50% retracement at $1,729.24. Pillows also cited the escalating U.S.-Iran situation as a risk to the $1,820–$1,850 support zone.
Political uncertainty remains another invalidation risk. Failure to resolve the CLARITY Act’s ethics and stablecoin provisions could delay a Senate vote, remove the immediate catalyst behind ETH’s rebound, and place the $1,780 support under renewed pressure.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The mood across crypto markets has turned cautious following a leverage-driven reset, but one Wall Street strategist is telling Ethereum holders to step back from the noise. Speaking on the New Era Finance Podcast, Fundstrat’s Tom Lee argued that the current choppiness punishes those who cannot stomach a drawdown. According to the original report covering the commentary, Lee pointed to a familiar pattern: capital exiting risk-on positions after a shock and chasing safer yield, only to miss the eventual snapback.
The Deleveraging Hangover and Yield Shift Lee framed the latest market limp as a direct consequence of a broad deleveraging event. When leverage unwinds, margin calls force liquidations, and prices overshoot to the downside. In that vacuum, opportunistic capital migrates toward yield-bearing instruments—treasuries, stablecoin staking, and tokenized real-world assets—rather than sitting in spot ETH. That rotation explains part of Ethereum’s underperformance even as its network fundamentals stay intact. The same dynamic has played out in equities before, most notably with Nvidia, which consolidated near $160 for months before a $2 trillion surge. Lee used that comparison to underscore how crypto markets also punish those who let short-term price action override the underlying thesis.
Fundamentals Haven’t Shifted While the price chart has looked grim for Ethereum bulls, the protocol’s structural story remains largely unblemished. Developer activity continues to cluster around Ethereum and its layer-2 ecosystems, with the network holding a dominant position in decentralized finance and tokenized asset issuance. A recent snapshot of Top 10 Blockchains by Developer Activity This Week showed Ethereum leading the pack, alongside BNB Chain and Polygon. On the institutional front, the tokenization of real-world assets crossed a landmark $20 billion on-chain, as covered in a Weekly Tokenization Roundup that noted activity from Bullish, Ondo, and JPMorgan. Those trends depend on Ethereum’s settlement layer, not on weekly price candles.
Impatience as the Real Risk Lee’s core message is not a price target but a behavioral warning. The investors who lose are the ones who sell during the long consolidation, convinced the trade is broken, only to miss the re-rating. That psychology is well-documented in crypto’s boom-and-bust cycles, but it hits harder when leverage unwinds and liquidations amplify the fear. What remains uncertain is the timeline. Macro factors—rate expectations from the Federal Reserve, liquidity conditions in global markets, and regulatory developments—could extend the consolidation phase. A pending crypto bill in the US Senate that faces heavy bank lobbying also creates a fog of uncertainty that suppresses risk appetite. For Ethereum specifically, the launch of spot ETF products has not yet translated into the sustained institutional bid that many expected, partly because the same deleveraging cycle hit equities and credit markets simultaneously.
The argument is straightforward: fundamentals and patience have historically won out, but only for those willing to endure the long stretches where nothing seems to work. Lee’s Nvidia analogy may be selective, but it resonates because crypto equities and tokens both suffer from what he calls a penalty on impatience. For an asset like Ethereum, which underpins a growing share of on-chain economic activity, that dynamic could look clearer in hindsight than it does right now.
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A hacker linked to the May attack on TrustedVolumes, a liquidity resolver integrated with 1inch Fusion, has returned 1,122.12 ETH, valued at approximately $2.07 million. The settlement took place over two months after the exploit, reflecting an increasingly common trend toward direct negotiations between DeFi projects and attackers.
Settlement returns half of stolen ETHThe transferred funds represent about half of the stolen assets from the initial breach. As part of the negotiated bug bounty, the attacker reportedly retained a similar amount of ETH, according to Defimon Alerts. At the time of the return, Ether was priced around $1,843.
Both TrustedVolumes and the hacker confirmed the agreement through an on-chain message. The communication stated that negotiations were finalized and encouraged any remaining attackers involved in the incident to make contact with the company for potential further settlements.
More than two months after the $5.8 million exploit, one of the attackers returned 1,122 ETH, valued at $2 million. The parties confirmed that the funds were returned and the hacker accepted their bug bounty, with an open invitation for other participants in the incident to reach out.
TrustedVolumes indicated a willingness to engage constructively on bug bounties immediately following the exploit and maintained this offer in recent communications.
Details of the TrustedVolumes exploitTrustedVolumes operates as a resolver in the 1inch Fusion Request-For-Quote (RFQ) marketplace, facilitating liquidity provision for token exchanges. On May 7, the system was compromised, resulting in withdrawals worth approximately $5.87 million, later estimated at up to $6.7 million when including all asset values and related losses.
According to cybersecurity firm Blockaid, the attacker stole several assets including 1,291 WETH, 1.26 million USDC, 206,282 USDT, and 16.93 WBTC. The breach was traced to specific resolver contract and RFQ proxy addresses on Ethereum. Etherscan classified the main attacker wallet as a TrustedVolumes exploit address.
Investigations showed that the exploit was not the result of stolen keys or undisclosed vulnerabilities, but rather an access-control flaw. Halborn, a blockchain security company, discovered that a public function allowed anyone to register as an authorized order signer, permitting attackers to process unauthorized transfers from approved funds. Blockaid detected the exploit in real time, confirming that neither the broader 1inch infrastructure nor end-user funds were impacted.
Mini dictionary: TrustedVolumes — A protocol serving as a liquidity resolver for 1inch Fusion, enabling efficient token swaps via its RFQ market mechanism.
AssetAmount StolenWETH1,291USDC1,260,000USDT206,282WBTC16.93Growing reliance on negotiation in DeFi attacksThe rapid settlement in the TrustedVolumes case illustrates a broader change in strategy across the decentralized finance sector. More projects are opting for negotiated recoveries in response to hacks, rather than depending solely on law enforcement or extended legal proceedings.
Analysts have observed that this practice can offer speedy resolutions but may unintentionally encourage more attacks if cybercriminals see negotiations as a predictable outcome. TRM Labs reported that crypto scams led to $2.87 billion in losses from roughly 150 incidents in 2025, but advances in forensic tracking have increased recovery rates. Notably, firms like Blockaid, CertiK, and SlowMist rapidly identified and followed the movement of stolen assets in the TrustedVolumes incident, giving security teams leverage in subsequent negotiations.
The settlement resolved only part of the theft. The attacker who returned 1,122.12 ETH kept the remaining sum as a bug bounty, while the status of the other stolen assets remains open. Progress in future recoveries may depend on whether additional attackers opt to negotiate or choose to move the funds further, testing the evolving balance between blockchain transparency and the incentive to settle.
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.
Key Highlights Major whale acquired 89,396 ETH valued at approximately $164.88 million across three days Ethereum declined 3.6% in the last 24 hours, currently hovering around $1,823 US market sentiment stays bearish even with $68M in ETH ETF inflows recorded this week Network active addresses dropped to December lows while transaction volume surged to record highs Crypto analyst Michaël van de Poppe projects ETH could reach $2,200–$2,400 with $1,780 support intact Ethereum currently trades around $1,823 following a 3.6% decline in the past day. The cryptocurrency pushed toward $1,944 three days earlier but faced resistance, retreating to $1,819 before staging a modest bounce.
Ethereum (ETH) Price While prices declined, significant whale movements emerged. Blockchain monitoring service Lookonchain identified two freshly established wallets that pulled 20,000 ETH from Coinbase Prime across two separate 10,000 ETH transactions totaling $37.72 million. This same whale entity had previously acquired 30,000 ETH valued at $57.6 million on July 16, pushing its three-day accumulation to 89,396 ETH worth roughly $164.88 million.
Data from CryptoQuant’s Spot Average Order Size indicator revealed substantial whale-sized orders occurring for seven straight days. That said, the metric captures both buy and sell orders, confirming heightened whale activity without indicating directional bias.
According to CoinGlass analytics, Ethereum’s Spot Netflow stayed negative for the second consecutive day at -$23.6 million compared to -$49 million previously. This indicates ongoing but decelerating net outflows from exchanges.
Source: Coinglass Mixed Network Fundamentals US-based spot Ethereum ETFs are poised to finish the week with $68 million in combined net inflows spanning Monday through Thursday. Exchange reserves have simultaneously decreased by 253,000 ETH since July 5, indicating investors are transferring holdings to personal wallets.
ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (17-07-2026) YESTERDAY
TOTAL US… https://t.co/OJCQThZG56 pic.twitter.com/cvNBFllZkp
— Crypto Patel (@CryptoPatel) July 18, 2026
Despite these positive signals, the Coinbase Premium Index—which measures US institutional demand—continues trading in negative territory. Ethereum network active addresses have contracted to a 14-day simple moving average of 397,000, marking the lowest reading since December, even while daily transactions climbed to an all-time high of 2.65 million.
The amount of staked ETH has climbed to an unprecedented 40.93 million ETH. Much of this increase, however, stems from a single participant: treasury management firm BitMine Immersion, which has staked 4.9 million ETH since December.
Technical Outlook and Key Levels The Balance of Power indicator shifted dramatically from 0.93 to -0.61, signaling that sellers currently dominate near-term price momentum.
Looking at the daily timeframe, Ethereum maintains its position above the 20- and 50-day exponential moving averages positioned at $1,791 and $1,812 respectively. Immediate resistance appears at $1,909, followed by $1,942 and $2,018. Downside support levels include $1,806, with stronger zones at $1,741 and $1,524.
Prominent crypto trader Michaël van de Poppe (@CryptoMichNL) stated on X that Ethereum hitting $2,000 soon is “incredibly more likely,” pointing to an emerging uptrend and solid support maintaining at $1,780. He outlined subsequent price targets between $2,200 and $2,400, emphasizing that the market structure “shouldn’t be overcomplicated.”
It's incredibly more likely that we'll start to see $ETH at $2,000+ in the near future.
The asset is running a new upwards trend and flipping previous resistance levels for support.
I don't think things should be overcomplicated, and on the lower timeframe levels, it's clearly… pic.twitter.com/h7OAoppiec
— Michaël van de Poppe (@CryptoMichNL) July 18, 2026
Over the past 24 hours, ETH saw $91.4 million in total liquidations, with long positions accounting for $61 million of that figure.
As conversations around central bank digital currencies (CBDCs) continue in government and financial circles, an older document referencing Ripple and XRP has resurfaced in the debate regarding potential platforms for a European digital currency.
CPA Australia cites Ripple and XRP as a CBDC optionCrypto researcher SMQKE drew attention on X to a report by CPA Australia, which mentions that France has openly discussed utilizing Ripple and XRP as possible foundations for Europe’s central digital currency. The report highlights specific features of Ripple’s technology that were considered advantageous compared to other blockchain platforms.
The document refers to Ripple’s proposal to offer a private variant of the XRP Ledger designed for use by central banks. This initiative aims to deliver a solution where digital currencies can be issued and managed with enhanced security, control, and flexibility.
The CPA Australia report notes that “France has openly discussed Ripple/XRP as a possible platform to Europe’s central digital currency,” underlining favorable features including strong trust among banking institutions.
Comparison with Bitcoin and EthereumIn comparing various technologies, the CPA Australia document observes that central banks may require permissioned blockchain networks to meet their privacy, transaction speed, and scalability demands, which public systems like Bitcoin might not fulfill. The report argues that permissionless networks often struggle to meet transaction volume and confidentiality standards required for CBDCs.
According to CPA Australia, Ripple and XRP received support from banks due to their operation on a permissioned model, where only selected nodes validate transactions, in contrast to the decentralized and permissionless approach of Bitcoin and Ethereum.
Building on these points, SMQKE asserted that XRP demonstrates superiority over Bitcoin and Ethereum when assessing suitability for projects such as the digital euro.
Mini dictionary: CPA Australia – An established accounting professional body in Australia, CPA Australia publishes research on financial standards, regulatory developments, and technology in the finance sector, including digital currencies.
PlatformModelBanking SuitabilityTransaction SpeedPrivacyRipple/XRPPermissioned / PrivateTrusted by many banksHighStrongBitcoinPermissionless / PublicLowSlowerLowEthereumPermissionless / PublicLowModerateLowThe report also acknowledges that some aspects of public blockchain architectures can conflict with central bank requirements. It notes, however, that by altering existing blockchain systems to increase control, security, and speed, central banks could meet the technical demands of CBDC initiatives.
Community reactions and regulatory contextResponses to SMQKE’s post emerged from within the XRP community. One prominent member, XRP Army Grunt, accepted that recent developments, such as the involvement of Ripple Prime in the DTCC’s tokenization launch, demonstrate real-world advancements, but emphasized that there is no confirmation of XRP being used by the DTCC or being officially chosen for the digital euro.
Another community contributor, Karla Milenia, shifted attention toward the regulatory environment in the United States. She stated that in the absence of CLARITY Act approval by U.S. lawmakers, crypto adoption could remain slow in the country while other regions continue advancing their digital asset regulations and CBDC developments more rapidly.
Community participants noted that, while Ripple and XRP are referenced in reports and several projects, no official decision has identified XRP as the chosen platform for the digital euro.
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.
Ethereum whales remain comfortably in profit, but rising exchange deposits and ample liquidity could keep selling pressure elevated.
CryptoQuant contributor PelinayPA said Ethereum’s Whale Net Unrealized Profit/Loss (NUPL) remains above zero. This means large holders are still sitting on unrealized gains.
However, the metric has not yet reached the extreme levels seen at previous market tops. That suggests whales have not entered the profit zone that typically leads to heavy selling.
“Whales are not yet at the psychological threshold that typically triggers heavy profit-taking,” the analyst said. Although their unrealized profits are gradually shrinking, the current trend does not resemble the conditions seen at past market cycle peaks.
Binance Deposits Keep Selling Pressure Elevated Despite the lack of peak-profit conditions, Ethereum deposits to Binance remain unusually high. According to CryptoQuant, ETH deposits into Binance have increased sharply since late 2024 and remain elevated.
However, moving ETH to an exchange does not always mean investors plan to sell immediately. Still, it puts more ETH on the market, increasing the risk of selling pressure.
CryptoQuant’s chart shows the Binance User Deposit Address metric standing at 1.12 billion on July 15, remaining close to its highest levels in recent years. This suggests a large amount of ETH remains on the exchange and is available for trading.
Ethereum Whale NUPL chart | CryptoQuant Stablecoin Reserves Give Ethereum Whales More Buying Power The report also points to growing stablecoin reserves among large investors. CryptoQuant’s USDT and USDC Whale metric has climbed to 2.7958 billion, indicating that large investors collectively control nearly $2.8 billion in stablecoin liquidity that could be deployed into Ethereum or kept on the sidelines. These holdings give them additional buying power alongside their existing Ethereum positions.
This allows whales to buy more ETH if they see an opportunity. However, they could also shift their capital out of Ethereum if market conditions worsen.
Meanwhile, Ethereum’s Realized Price has climbed to approximately $2,305. This means the average price investors paid for ETH is increasing.
The analyst said this reflects stronger long-term capital inflows than in previous market cycles. It also suggests new investors are still buying Ethereum, even at higher prices.
As The Crypto Basic reported yesterday, large investors, including Bitmine, Abraxas Capital, and unknown whales, accumulated 82,898 ETH over three days. Industry leaders such as Bitmine Chairman Tom Lee have also continued to issue bullish outlooks for ETH, including a 100x price prediction, even amid the bear market.
Whale Capital Flows Could Decide ETH Next Move PelinayPA concluded that Ethereum whales are holding large amounts of both ETH and stablecoins, giving them ample liquidity on either side of the market.
This means Ethereum’s next major price move could depend on what whales do next. If they use their stablecoin reserves to buy more ETH, prices could rise. If they start selling their ETH for cash, prices could come under pressure.
At the time of writing, Ethereum was trading at $1,846. It was up 1% over the past 24 hours, 2.6% over the past week, and 5.5% over the past month. However, it remained 49% below its price from a year ago.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
The Crypto Market gained 0.95% to reach $2.19 trillion on July 18, supported by improving regulatory expectations.
Bitcoin, Ethereum, and XRP registered slight improvements as institutional buying came back in exchange-traded funds. Traders also monitored developments around the CLARITY Act. It’s possible that Senate progress has encouraged hopes for clearer rules. It can also enhance the involvement of big investors around the world this week.
CLARITY Act Optimism Fuels Crypto Market Recovery The latest Crypto Market rebound was driven by regulatory optimism the most. Investors are increasingly pushing legislators to develop the CLARITY Act in the next week.
The bill would split the oversight duties between the key financial regulators in the United States. It can also designate Ethereum and some already established tokens as digital commodities.
The framework would help minimize uncertainty among the exchanges, developers, custodians, and institutional investors. Closer legal treatment will have the effect of making companies extend services without the fear of non-uniform enforcement.
In an interview on July 17, Representative Bryan Steil was optimistic about the progress in the Senate. The market participants then concentrated around potential vote between July 20 and July 24.
The odds of the Clarity Act becoming law in 2026 have dropped to 37%.
Do you guys think the Clarity Act will pass this year? pic.twitter.com/XnUG16KhNs
— Ted (@TedPillows) July 18, 2026
The confidence in the legislation was also improving with the predictions market estimates. On July 17, reported passage odds rose to 42% as compared to 30% on 2026. But Senate leaders have not ratified an official floor schedule. The odds of the Clarity Act becoming law in 2026 have dropped to 37%. Any respite would hasten to undermine feeling and strain new acquisitions.
Bitcoin and Ethereum ETFs Attract $168.73M in Inflows Institutional inflows provided another important boost for the Crypto Market. Spot Bitcoin exchange-traded funds reported an inflow of $132 million in net inflows on July 17.
Spot Ethereum funds attracted another $36.73 million during the same trading session. Total inflows as such amounted to 168.73 million, according to SoSoValue.
Spot Bitcoin and Ethereum ETFs Record $132M and $36.73M in Net Inflows
According to SoSoValue data, on July 17 (ET), spot Bitcoin ETFs recorded total net inflows of $132 million, while spot Ethereum ETFs recorded total net inflows of $36.73 million. pic.twitter.com/LU7M0RQzbG
— Wu Blockchain (@WuBlockchain) July 18, 2026
Bitcoin products also received $79.15 million on July 16. The fresh surge of demand came after a tough spell of withdrawals. The Bitcoins funds recorded a thirteen days outflow streak in June. The larger group also experienced eight weeks of consecutive negative flows.
Bitcoin, Ethereum, and XRP Price Outlook Bitcoin price increased by 1.45% to trade around $64,095 in the latest session. The BTC price must hold support between $63,500 and $63,880.
Any stability above that level might prompt another challenge between the resistance of $65,000 and $65,500. A strong breakout may extend the wider Crypto Market rally. However, losing $63,500 could expose Bitcoin to the $62,500 support level.
Ethereum price gained 0.61% and traded around $1,845. Buyers are still interested in support that is near $1,810.
Coin360 The positioning of that level would lead to a potential move to the 100-day exponential moving average at around $1,940. A breakout is possible to award $2,000. Any weakness less than $1,810 may take Ethereum to the level of $1,790.
XRP price rose by 0.60% and traded at close to $1.09. The token should stay above $1.08. The resistance between $1.10 and $1.12 could then be targeted by the buyers. A decline to less than $1.08 can lead to losses to $1.05.
The flow of ETFs and the formal Senate planning of the forthcoming market direction will be closely monitored by traders. Still, momentum is weak, though.
Long supported by the enthusiasm of social networks and Elon Musk’s statements, Dogecoin (DOGE) is going through a decisive phase. While the crypto market experiences a resurgence of volatility and investors reduce their exposure to the riskiest assets, the famous memecoin once again sees its model put to the test. Between loss of visibility, selling pressure, and waiting for a new catalyst, DOGE illustrates the limits of an asset whose value largely depends on the attention it manages to capture.
In brief Dogecoin is going through an unprecedented chart consolidation phase, marked by a clear cooling of retail investor interest. Without the usual buyers’ urgency, the price freezes at key support levels and risks a prolonged sideways drift. Unlike Bitcoin or Ethereum driven by macroeconomic flows or ETFs, DOGE relies exclusively on media visibility cycles. The fate of the token now depends on Bitcoin’s stabilization, as the memecoin market can shift from inertia to euphoria within hours when volumes return. A consolidation marked by drying up of volumes Dogecoin’s technical setup reflects a major drop in intensity which contrasts with its historical volatility. According to the latest market analyses, the asset is going through a stabilization phase where lack of a dominant impulse dictates the price behavior. Specialists note that “Dogecoin holds key levels, but the energy around the crypto has clearly cooled”.
This compression phenomenon is depicted graphically by an absence of aggressive directional movements, indicating the token has moved from a rapid expansion phase to a neutrality regime. Observers closely watch buyers’ behavior around critical support zones to determine if the asset is building a solid base or yielding under general disinterest.
This slowdown is mainly explained by a change in market actor behavior, characterized by a notable decline in buying urgency. The cyclical nature of memetic assets involves a clear succession of stages as enthusiasm arises :
The return of attention : retail investors’ interest suddenly reactivates on social networks ; Volume expansion : capital flows accelerate exponentially within hours ; Explosion of social activity : discussions and speculative sentiment saturate exchange platforms ; Price takeoff : tokens like DOGE progress sharply before the broader market has time to integrate the change. However, the current context shows the exact opposite of this effervescence. Without collapsing, Dogecoin suffers a drying up of its liquidity, preventing the formation of increasingly higher lows necessary to validate a lasting bullish reversal. In the absence of this volume catalyst, the current stagnation risks a prolonged sideways drift.
DOGE’s structural duality compared to crypto market drivers To understand Dogecoin’s future trajectory, one must analyze its intrinsic dependence on valuation factors radically different from those of competing protocols. DOGE’s market structure differs from other large caps by its exclusive link to attention flows.
By comparison, Bitcoin primarily reacts to global macroeconomic flows, Ethereum evolves according to ETF flows, decentralized finance (DeFi), and staking, while Solana relies on practical usage of its application ecosystem. Dogecoin, on the other hand, lacks these structural levers and depends on capital rotations driven by the search for high returns, often catalyzed by narratives linked to celebrities or viral social media campaigns. Once these narratives fade, the asset loses its main growth engine.
This vulnerability to declines in public interest calls into question its traditional role as a barometer of global speculative sentiment. Historically, a massive DOGE rise signals retail traders’ willingness to expose themselves to the riskiest market segments. Currently, the observed decline indicates a transition to a much more cautious overall environment, exacerbated by Bitcoin and Ethereum themselves facing technical pressure. Short-term capitals, often impatient, tend to abandon neutral setups for assets with clearer fundamental catalysts, keeping Dogecoin within its current fluctuation zone.
Dogecoin as the ultimate barometer of speculative risk appetite Dogecoin’s current stagnation state goes beyond its own financial performance. When this asset falls asleep, it reveals the risk tolerance level of the sector’s most speculative players. Available data highlights that “Dogecoin remains useful as a sentiment gauge”.
Accordingly, violent moves on DOGE usually indicate retail investors are quite willing to take risks. Conversely, the current cooling indicates a generalized defensive posture, where traders prefer to watch charts rather than actively deploy new liquidity.
This momentum dynamic characteristic of assets in this category explains why the market is currently going through an especially tense waiting phase. Investors know that memecoin markets react exponentially once capital flows reactivate.
Moreover, experience shows “that once traders see volume return, they tend to get involved in the move rather than wait for a perfect confirmation”. It is precisely this asymmetry that keeps Dogecoin at the center of all attention, as the shift from total apathy to buying frenzy can happen within a few hours only.
The outcome of this transition phase will depend on Dogecoin’s ability to defend current supports until a general market condition improvement materializes. If Bitcoin manages to stabilize and a general liquidity return flows again into altcoins, DOGE could benefit from a sudden resurgence of interest.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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.
Dogecoin is trading at a critical support level against both Bitcoin and the US dollar, marking a pivotal moment for the popular meme-inspired cryptocurrency. The outcome of this test may set the tone for DOGE’s price direction in the coming weeks.
Dogecoin faces a crucial monthly close versus BitcoinAgainst Bitcoin, Dogecoin is hovering near 0.00000114 BTC, a zone that has acted as a major support across several market cycles. This price area previously served as a base ahead of significant rallies, signaling its historical importance for DOGE traders.
Despite its role as a support, the DOGE/BTC pair has continued to post lower highs since its peak in 2021. This pattern highlights Bitcoin’s ongoing strength in the long-term trend, while suggesting that Dogecoin has struggled to regain its former momentum.
If the monthly close holds above this region, DOGE/BTC could attempt to establish a foundation for broader consolidation. However, analysts note that a bullish reversal would require DOGE to set a higher monthly low and reclaim nearby resistance zones, rather than simply stabilizing at current prices.
Should Dogecoin close below the established support, it would signal growing weakness in comparison to Bitcoin and could delay any sustained recovery. Until strength is confirmed, the DOGE/BTC chart remains at a crossroads, with traders watching for clearer direction.
Mini dictionary: DOGE/BTC – This trading pair measures the value of Dogecoin relative to Bitcoin, helping investors gauge each asset’s price strength in comparison to the other rather than the US dollar.
PairSupport LevelResistance LevelTrend since 2021 peakDOGE/BTC0.00000114 BTCVaries (nearby)Lower highsDOGE/USD$0.07$0.075–$0.081Descending trendlineDogecoin is approaching a long-term support zone against Bitcoin that has defined previous market cycles. Losing this level on a monthly closing basis could indicate ongoing weakness against Bitcoin and set back any attempt at a rebound.
DOGE price tests $0.07 as downtrend persistsDogecoin is also challenging a significant support area around $0.07 while trading just beneath a descending trendline that has capped its price for several months. Market participants see this confluence as a major decision point for the short-term outlook.
The descending trendline has consistently rejected attempts by DOGE to rally, placing downward pressure on its price action. Breaking above this line on strong volume would be a key signal that sellers are losing control and could draw renewed interest from buyers.
If Dogecoin manages a clear breakout and holds above the trendline, attention may shift to resistance zones near $0.075–$0.078 and, in a more optimistic scenario, up to $0.081. Conversely, failing to maintain support near $0.07 would leave DOGE exposed to potential declines towards $0.067 or $0.065.
Support at $0.07 is holding for now, but confirmation of a short-term reversal requires Dogecoin to close above the trendline that has defined its recent bearish structure.
With traders awaiting a decisive move, Dogecoin’s near-term prospects depend on whether buyers can defend this crucial level and trigger a sustained recovery.
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.
Cardano (ADA) is currently trading in the $0.16 range. A decisive break above wedge resistance confirms bullish control. Cardano (ADA) is presently trading at $0.1672, up 4.79% on the day, with the trading volume climbing to $413.85M, after a 68% surge. Aggressive distribution at this price floor has yet to achieve a clean technical breakdown, signalling substantial demand absorption rather than systemic weakness.
Consequently, every failed downside expansion provides further validation for a bullish defence of this zone. What was once a decisive downtrend has transitioned into a prolonged consolidation range.
ADA is compressing inside a falling wedge, with sellers losing momentum while buyers defend support with increasing aggression. A decisive break above wedge resistance would confirm that bulls are reclaiming control and could open the door to a new leg higher.
The initial major overhead resistance serves as the key pivotal zone. Establishing structural acceptance above this level elevates the current price floor from a corrective bounce into the definitive framework for the next macro trending phase.
Where is Cardano Momentum Headed Next? The 4-hour trading pattern of ADA shows a moderately bullish outlook. If the momentum strengthens, the price might climb and test the nearest resistance at $0.1694. Continued bullish gains could trigger the golden cross to take place and send the asset’s price above $0.1716.
On the flip side, assuming Cardano’s bearish reversal along with the formation of a death cross, the price might slip toward the $0.1648 support range. With a steady downside correction, the bears could likely push the price toward its former lows below the $0.1624 level.
Moreover, RSI is stabilising after an extended decline, and MACD momentum is flattening as bearish pressure fades. These are not explosive signals; they are subtle shifts that tend to precede serious structural changes.
ADA is in a mildly bullish zone, as the daily Relative Strength Index (RSI) is at 55.73. As it is sitting above the 50 midline, it confirms that the buyers currently hold the upper hand, and short-term price momentum is positive.
Also, it has ample room to continue climbing before facing momentum exhaustion. This is a healthy breakout zone, with steady buying pressure, making it a favourable environment for trend followers.
Cardano’s Moving Average Convergence Divergence line above the zero line indicates that the structural momentum is firmly in control of the buyers. The signal line lags briefly below zero, showing the aggressive previous downward correction.
It is a lagging technical irregularity that occurs right as a severe corrective dip ends and aggressive buying instantly resumes, dragging the MACD back into positive territory before the signal line can catch up.
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All eyes are on Cardano, as its much-awaited intra-era hard fork is set to go live in the next few hours.
The van Rossem hard fork governance action met the required ratification thresholds across all voting groups on July 13 and was subsequently ratified at the epoch boundary of Epoch 643. According to protocol, the hard fork will automatically be enacted on the next epoch boundary on July 18, 2026 at 21:44:51 UTC (slot height: 192,844,800).
As well as Plutus improvements and Plutus Cost Model enhancements, the van Rossem hard fork lays the foundation for the next upgrade, the Dijkstra era hard fork, which will introduce Ouroboros Leios to Cardano.
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The ledger gave priority to the hard fork ratification over all other actions, with the potential to delay any other governance actions that would ratify simultaneously. However, no other governance actions were directly impacted, delayed, or expired as a result of the hard fork governance action reaching ratification.
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Intersect, a member-based entity in the Cardano ecosystem, has highlighted an ongoing countdown to the van Rossem hard fork enactment, with members of the community urged to join a public call to watch it happen.
Countdown to the van Rossem hard fork enactment 🍴
Join the Technical Steering Committee and the Hard Fork Working Group in 24 hours time and follow the hard fork enactment LIVE 👇️
Meet: June 18, 2026 from 21:15 UTC
Enactment: 21:44:51 UTC https://t.co/3ZEV5pVlJo
— Intersect (@IntersectMBO) July 17, 2026 van Rossem represents an intra-era hard fork to Protocol Version 11 and will boost Plutus performance, improve ledger consistency as well as the security of nodes. This upgrade also introduces enhanced primitives, VRF key uniqueness, and updated reference input rules.
Cardano ecosystem sees progressWork continues on the Leios testnet, with the release of two prototype builds — prototype-2026w27a and prototype-2026w28 — with the team fixing several bugs identified during testnet runs. The team also implemented a voting dashboard to improve Leios's observability, showing how endorser blocks are voted on and certified.
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The Cardano Foundation has joined x402 as an Associate Member under the Linux Foundation. x402 is an open payment standard that revives the HTTP 402 status code so that applications and AI agents can pay per request in stablecoins without accounts, API keys, or a checkout page. Its open standards enable machine-to-machine commerce without traditional intermediaries.
The Clarity Act remains a major focus as the crypto market gains 1.27% to reach $2.19 trillion. Bitcoin price hovered above $64,000, supported by renewed institutional demand. Ethereum price was above $1,800, and XRP was close to $1.08. The Solana price was at hovering of 74, and the Cardano price was rising to $0.166.
Clarity Act Could Reshape Altcoin Regulation The Clarity Act prediction would divide digital asset oversight between the SEC and CFTC. The CFTC would supervise digital commodity spot markets. In the meantime, securities and fundraising would be under the jurisdiction of the SEC.
Proponents are hopeful that the framework will help in minimizing regulatory confusion within the United States. More definite regulations can enhance the trustworthiness of institutions and service providers.
However, the legislation has not passed the full Senate. President Donald Trump had a meeting with Senate Republicans, although the new text never came out. Polymarket traders later reduced the bill’s 2026 passage odds to 39%.
Source: Polymarketcap Representative Bryan Steil remained optimistic during a July 17 Fox News interview. He added that Senate approval would come the next week. Steil stressed the need for American regulatory standards.
XRP XRP price traded near $1.08 on Saturday amid cautious sentiment. Greater regulation may decrease the uncertainty around XRP transactions, exchange services, and institutional adoption. It may encourage banks and payment companies to explore XRP Ledger products.
Demand for spot XRP exchange-traded funds returned on Thursday. According to SoSoValue, the products drew in close to 7 million inflows each day. Cumulative inflows went up to approximately $1.49 billion.
The average net assets in listed funds were approximately 997 million. Further demand in ETFs may absorb the selling pressure and aid in a more stable recovery.
Source: Sososvalue data The first resistance is around 1.10, then 1.15 and 1.16. XRP price must reclaim $1.25 to weaken its broader bearish structure.
Immediate support is close to $1.03. A firm downward break below that may open XRP to a further fall.
Solana (SOL) Solana price rose 0.52% to $74 during the past day. Its performance trailed Bitcoin’s 1.69% gain.
SOL could benefit because it faced previous security-related allegations. Solana was the subject of enforcement cases accepted by the SEC against multiple cryptocurrency exchanges.
A distinct digital commodity structure would reduce compliance issues among exchanges, custodians, and investment managers. The change can facilitate greater institutional involvement.
Solana already has staking, payments, decentralized applications and tokenized assets. The increased confidence would speed up operations in these regions.
SOL price The future SOL outlook must hold support near $74 to protect its recovery attempt. An effective defense might result in resistance around $76.50.
Nevertheless, the possibility of losing $74 may lead to increased selling pressure. The second significant negative target would be around $69.60.
Cardano (ADA) Cardano price gained 3.82% to $0.166 during the past day. It increased at a greater rate than the overall market, which grew by about 1.24%.
ADA may receive the largest proportional benefit from the Clarity Act. This was not the first time that Cardano was experiencing uncertainty following past SEC security claims.
The agency was previously called ADA when it dealt with Coinbase, Binance, and Kraken. These allegations raised eyebrows among trade and institutional service providers.
Source: ADA/USD 4-hour chart: Tradingview The Cardano price should not be below $0.16 to safeguard its near-term structure. Holding that level could support another test of the $0.169 pivot.
Loss of momentum can undermine the recovery. A clear negative trend might drive ADA down to around the mark of support at $0.152.
OKX crypto exchange has launched a new airdrop campaign for Midnight, Cardano’s partner chain, offering eligible users across Europe a total reward pool of 5 million NIGHT tokens.
The seven-day campaign adopts a Trade-to-Earn model, rewarding users based on both their crypto holdings and trading activity. According to the campaign countdown, participants have five days remaining to register and qualify for the promotion.
Eligible users who complete the registration and satisfy the campaign requirements will automatically receive daily NIGHT token distributions throughout the promotional period.
OKX Combines Asset Holdings With Trading Activity Unlike traditional cryptocurrency airdrops that primarily reward wallet holders, OKX’s latest X Drops campaign requires participants to maintain eligible crypto assets while actively trading on the platform.
To qualify for the promotion, users must:
Hold at least €500 ($571.85) worth of eligible cryptocurrency assets in their OKX account. Nearly all non-stablecoin cryptocurrencies qualify. Trade eligible cryptocurrency pairs during the campaign period. Register for the X Drops campaign before the registration deadline. Once users meet these conditions, they automatically become eligible to receive daily allocations from the 5 million NIGHT token reward pool without submitting additional claims.
Trade-to-Earn Model Rewards Active Participants A key feature of the campaign is its Trade-to-Earn mechanism, which determines rewards based on each participant’s trading volume rather than distributing equal amounts to everyone.
OKX calculates each user’s share using a rolling seven-day trading volume. As a result, participants who generate higher qualifying trading volumes receive a larger portion of the daily NIGHT token rewards.
The exchange also offers an additional incentive for trading the Midnight token itself. Specifically, all qualifying NIGHT trades receive a 5x weighting when calculating rewards, allowing active NIGHT traders to increase their share of the daily distribution.
Once calculated, rewards are credited automatically to eligible users’ accounts each day without requiring any manual redemption.
Midnight’s First Airdrop The current OKX campaign is not Midnight’s first large-scale token distribution.
The NIGHT token officially debuted through a multi-chain airdrop that rewarded holders across eight blockchain networks, including XRP Ledger, Cardano, Solana, Ethereum, and Bitcoin. Users who held at least $100 worth of the native assets on eligible blockchains qualified to receive NIGHT allocations.
The Midnight Foundation adopted a phased redemption schedule. Allocated tokens unlock gradually over four quarterly periods, with 25% becoming redeemable during each phase.
The third redemption window is currently active and runs from June 8 through September 5, 2026. The final redemption period is scheduled to take place between September 6 and December 4, 2026, allowing eligible recipients to claim the remainder of their allocated NIGHT tokens.
In the meantime, NIGHT was trading at $0.027, down 11.22% over the past week, and 8.81% over the past month. With a market cap of $459.97 million, NIGHT ranks as the 81st-biggest token on CoinMarketCap.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Allspring Global Investments Holdings LLC grew its stake in shares of Bristol Myers Squibb Company (NYSE:BMY – Free Report) by 5.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,095,654 shares of the biopharmaceutical company’s stock after acquiring an additional 57,224 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.05% of Bristol Myers Squibb worth $67,635,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank bought a new position in shares of Bristol Myers Squibb in the fourth quarter worth approximately $1,947,272,000. AQR Capital Management LLC lifted its holdings in Bristol Myers Squibb by 172.6% in the 4th quarter. AQR Capital Management LLC now owns 25,796,905 shares of the biopharmaceutical company’s stock worth $1,391,485,000 after purchasing an additional 16,332,924 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Bristol Myers Squibb by 47.0% in the 4th quarter. Bank of New York Mellon Corp now owns 24,495,875 shares of the biopharmaceutical company’s stock worth $1,321,308,000 after purchasing an additional 7,837,485 shares during the period. Geode Capital Management LLC grew its holdings in Bristol Myers Squibb by 13.1% during the 4th quarter. Geode Capital Management LLC now owns 52,638,346 shares of the biopharmaceutical company’s stock valued at $2,837,026,000 after buying an additional 6,084,046 shares in the last quarter. Finally, Man Group plc grew its holdings in Bristol Myers Squibb by 280.4% during the 2nd quarter. Man Group plc now owns 7,465,845 shares of the biopharmaceutical company’s stock valued at $345,594,000 after buying an additional 5,503,391 shares in the last quarter. Institutional investors own 76.41% of the company’s stock.
Analyst Upgrades and Downgrades Several brokerages have weighed in on BMY. Guggenheim reissued a “buy” rating and set a $72.00 price objective on shares of Bristol Myers Squibb in a research note on Wednesday, April 8th. Wall Street Zen raised shares of Bristol Myers Squibb from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 27th. Cantor Fitzgerald reissued a “neutral” rating and issued a $54.00 price objective on shares of Bristol Myers Squibb in a report on Monday, July 6th. Citigroup restated a “neutral” rating on shares of Bristol Myers Squibb in a research note on Friday, May 1st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Bristol Myers Squibb in a report on Thursday, July 2nd. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Bristol Myers Squibb has an average rating of “Hold” and a consensus price target of $61.25.
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Bristol Myers Squibb Trading Up 0.3% Shares of BMY stock opened at $60.71 on Friday. The firm’s 50 day moving average price is $57.02 and its two-hundred day moving average price is $57.78. The stock has a market cap of $123.97 billion, a price-to-earnings ratio of 17.05, a price-to-earnings-growth ratio of 0.17 and a beta of 0.23. The company has a quick ratio of 1.28, a current ratio of 1.42 and a debt-to-equity ratio of 2.10. Bristol Myers Squibb Company has a fifty-two week low of $42.52 and a fifty-two week high of $62.89.
Bristol Myers Squibb (NYSE:BMY – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The biopharmaceutical company reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. The business had revenue of $11.49 billion during the quarter, compared to analyst estimates of $10.93 billion. Bristol Myers Squibb had a net margin of 15.01% and a return on equity of 64.87%. The business’s revenue was up 2.6% on a year-over-year basis. During the same period last year, the business earned $1.80 EPS. Bristol Myers Squibb has set its FY 2026 guidance at 6.050-6.350 EPS. On average, analysts anticipate that Bristol Myers Squibb Company will post 6.34 EPS for the current year.
Bristol Myers Squibb Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 4.2%. The ex-dividend date is Thursday, July 2nd. Bristol Myers Squibb’s payout ratio is presently 70.79%.
Key Bristol Myers Squibb News Here are the key news stories impacting Bristol Myers Squibb this week:
Positive Sentiment: The FDA accepted Bristol Myers Squibb’s NDA for mezigdomide in relapsed/refractory multiple myeloma, a meaningful regulatory step that could strengthen the company’s oncology pipeline and future revenue prospects. Bristol Myers Squibb (BMY) Wins FDA Review For Mezigdomide In Multiple Myeloma Positive Sentiment: Unusual options activity showed traders buying a notably higher-than-average number of call options, suggesting some investors are positioning for additional upside in BMY. Positive Sentiment: Recent commentary highlighted Bristol Myers Squibb as a strong value stock, reinforcing the view that the shares may still look attractive on valuation grounds. Here’s Why Bristol Myers Squibb (BMY) is a Strong Value Stock Neutral Sentiment: Brokerage coverage continues to point to a “Hold” consensus, indicating analysts are not broadly turning more bullish or bearish on the stock. Bristol Myers Squibb Company (NYSE:BMY) Receives Consensus Rating of “Hold” from Brokerages Neutral Sentiment: Erste Group slightly lowered its FY2027 EPS estimate to $6.10 from $6.12, but the change is modest and still near consensus, so it is unlikely to be a major near-term driver by itself. Negative Sentiment: The small downward revision to longer-term earnings expectations may indicate some caution around Bristol Myers Squibb’s post-2026 growth trajectory, which could limit enthusiasm if investors focus on future profitability. Bristol Myers Squibb Company Profile (Free Report)
Bristol Myers Squibb is a global biopharmaceutical company headquartered in Princeton, New Jersey, focused on discovering, developing and delivering medicines for serious diseases. The company’s core activities include research and development, clinical development, manufacturing and commercialization of prescription pharmaceuticals across multiple therapeutic areas. BMS concentrates on advancing therapies in oncology, hematology, immunology, cardiovascular disease and specialty areas through both small molecules and biologics.
BMS’s marketed portfolio and late‑stage pipeline reflect a strong emphasis on cancer and immune‑mediated conditions.
Featured Articles Five stocks we like better than Bristol Myers Squibb AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding BMY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bristol Myers Squibb Company (NYSE:BMY – Free Report).
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Allspring Global Investments Holdings LLC boosted its holdings in shares of PDD Holdings Inc. Sponsored ADR (NASDAQ:PDD – Free Report) by 23.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 685,841 shares of the company’s stock after buying an additional 129,148 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in PDD were worth $69,805,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Norges Bank bought a new position in shares of PDD in the fourth quarter worth approximately $1,065,446,000. Assenagon Asset Management S.A. increased its holdings in PDD by 305.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 6,728,909 shares of the company’s stock valued at $762,991,000 after acquiring an additional 5,070,827 shares during the last quarter. Himalaya Capital Management LLC purchased a new stake in PDD in the 2nd quarter worth $482,273,000. Dodge & Cox bought a new stake in shares of PDD in the fourth quarter worth about $503,429,000. Finally, Orbis Allan Gray Ltd boosted its stake in PDD by 135.6% during the second quarter. Orbis Allan Gray Ltd now owns 5,647,728 shares of the company’s stock valued at $591,091,000 after buying an additional 3,250,416 shares during the last quarter. 39.83% of the stock is owned by hedge funds and other institutional investors.
PDD Trading Down 2.9% NASDAQ PDD opened at $84.14 on Friday. PDD Holdings Inc. Sponsored ADR has a 12-month low of $71.94 and a 12-month high of $139.41. The firm’s fifty day simple moving average is $85.72 and its two-hundred day simple moving average is $97.72. The firm has a market capitalization of $119.76 billion and a P/E ratio of 9.09.
PDD (NASDAQ:PDD – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $1.38 earnings per share for the quarter, missing analysts’ consensus estimates of $2.40 by ($1.02). PDD had a return on equity of 24.32% and a net margin of 21.86%.The business had revenue of $15.41 billion during the quarter, compared to analyst estimates of $15.92 billion. During the same period in the previous year, the business earned $1.57 EPS. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, sell-side analysts predict that PDD Holdings Inc. Sponsored ADR will post 9.7 earnings per share for the current fiscal year.
Analyst Ratings Changes PDD has been the topic of a number of research reports. Sanford C. Bernstein reduced their price objective on PDD from $132.00 to $110.00 and set a “market perform” rating on the stock in a research note on Wednesday, May 27th. Jefferies Financial Group restated a “buy” rating on shares of PDD in a research report on Wednesday, May 27th. Barclays downgraded shares of PDD from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $165.00 to $89.00 in a report on Thursday, May 28th. Citigroup lowered their price target on shares of PDD from $142.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Finally, BNP Paribas Exane initiated coverage on PDD in a research note on Monday, June 15th. They set an “underperform” rating and a $89.00 price objective on the stock. Seven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $124.64.
Check Out Our Latest Report on PDD
PDD Company Profile (Free Report)
PDD (NASDAQ: PDD) is the holding company best known for operating Pinduoduo, a China-based, mobile-first e-commerce platform that emphasizes interactive, social shopping and group-buying mechanics to drive user engagement and low prices. Founded in 2015 by entrepreneur Colin Huang, the business has grown by connecting consumers directly with merchants and manufacturers, with particular emphasis on value-oriented goods and fresh agricultural produce. The company is based in Shanghai and completed a U.S.
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Building a position with limited capital gets harder every year as index leaders trade at three and four-figure prices. That makes sub-$50 names with real fundamentals more valuable, not less. Three U.S.-listed stocks stand out this month: all trade below $50, all posted double-digit revenue growth in their latest quarters, and all carry constructive Wall Street consensus. Two are digital banks scaling profitability, and one is a visual-search platform whose AI ad engine is finally showing up in the numbers.
Here is the case for each, along with the caveat that keeps them cheap.
SoFi Technologies SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) traded around $16.84 on Friday, July 17, well off its 52-week high of $32.73 and down 38.66% year to date. That drawdown is exactly what makes the setup interesting. The underlying franchise is accelerating.
In Q1 2026, SoFi delivered revenue of $1.10 billion, up 6.1% year over year and beating consensus by 4.87%, with EPS of $0.12 in line with estimates. GAAP net income of $166.7 million more than doubled year over year, and loan originations set a record at $12.18 billion, up 68%. Members grew 35%, with 43% of new products coming from existing members, a cross-buy signal that most digital challengers still cannot match. Deposits sit at $40.24 billion and now fund over 90% of liabilities, driving cost of funds down 48 basis points.
CEO Anthony Noto framed the quarter this way: “We had an excellent Q1 delivering another quarter of durable growth and strong returns, fueled by our relentless focus on innovation and brand building.” Full-year guidance calls for adjusted revenue near $4.655 billion and adjusted EPS around $0.60. Analyst consensus target sits at $20.58.
The caveat: the Technology Platform segment fell 27% on a large client departure, and personal loan charge-offs climbed to 3.03%. The stock also carries a forward P/E of 31, which prices in continued execution.
Nu Holdings Nu Holdings (NYSE:NU), the Latin American digital bank behind Nubank, traded around $13.60 on July 17, down 20.12% year to date but up 5.47% over the past month. The pullback has compressed the multiple on one of the fastest-growing banks in the world.
Q1 2026 revenue reached $4.97 billion, up 57.9% year over year, with net income of $871.4 million and an adjusted ROE of 31%. The customer base hit 135 million, monthly ARPAC climbed to $15.90, and the efficiency ratio improved to 17.6% from 21.4%. Mexico reached breakeven with 15 million customers, and management sees digital challengers capturing 35% of the $15-17 trillion global banking revenue pool by 2030. A planned US market entry adds long-tail optionality, with management targeting less than 100 basis points of annual efficiency ratio drag in 2026 and 2027.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nu Holdings didn't make the cut. Grab the names FREE today.
Valuation is where NU differentiates from most hypergrowth names. Forward P/E sits at 19, PEG at 0.81, and the consensus target is $17.91 against a Strong Buy-tilted rating mix (6 Strong Buy, 13 Buy, 2 Hold).
The caveat: Q1 revenue missed consensus by 1.82%, credit loss allowance jumped 72% year over year to $1.79 billion, risk-adjusted NIM compressed to 9.5% from 10.5%, and BRL/MXN/COP volatility can distort reported results.
Pinterest Pinterest (NYSE:PINS) traded at $22.29 on Friday, down 16.08% year to date but up 9.48% in the past month as the AI ad thesis regains footing. The setup pairs a beaten-down chart with clear operating momentum.
Q1 2026 revenue crossed $1.01 billion, up 17.8% and beating consensus by 4.07%. Non-GAAP EPS of $0.27 beat the $0.2165 estimate by 24.71%. Global MAUs reached 631 million, the tenth consecutive quarter of double-digit user growth, and Rest of World revenue surged 59% with Europe up 27%. CEO Bill Ready said the platform is “building an AI-powered ads platform that delivers performance for advertisers.” Q2 guidance calls for revenue of $1.133 billion to $1.153 billion.
Forward P/E of 13 against mid-teens revenue growth is the cleanest valuation story of the three, with a consensus target of $27.78. For readers screening momentum-adjacent names off deep drawdowns, our research team has put together The Breakout Buyer’s Rulebook.
The caveat: Pinterest reported a $73.6 million GAAP net loss on restructuring charges and heavy share-based compensation of $231.45 million, cash fell from $969 million to $378 million after a nearly $2 billion buyback, and securities class action lawsuits tied to prior tariff-related ad disclosures remain unresolved.
The Investment Thesis All three names sit well under $50 and each offers a distinct thesis: SoFi as a scaling digital bank inflecting on profits, Nu as a global consumer-finance compounder and Pinterest as an AI-ad turnaround with international monetization tailwinds. The chart weakness is the entry, and the caveats are what keep the valuations reasonable.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nu Holdings didn't make the cut. Grab the names FREE today.
Dan Jedda, CFO & COO of Roku, Inc. (ROKU +0.48%), sold shares of Class A Common Stock on July 15, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)7,000Transaction value~$993,300Post-transaction shares (directly held)72,963Post-transaction value$10.46 millionTransaction value based on SEC Form 4 weighted average sale price ($141.90); post-transaction value based on July 15, 2026 market close ($143.32).
Key questionsHow was the transaction structured and what was its impact?
The sale of 7,000 shares was conducted under a Rule 10b5-1 trading plan, which allows insiders to schedule trades in advance to manage personal liquidity and equity exposure. This disposition reduced Dan Jedda's direct equity position by 9%, leaving him with 72,963 shares of Class A Common Stock held directly.What is the valuation context for the remaining equity stake?
The executive's remaining direct position is valued at $10.46 million based on the July 15, 2026 market close of $143.32. The sale occurred at $141.90 per share, following a 12-month period where shares of the company yielded a 61% total return as of the transaction date.What is the current operational and financial profile of Roku?
Roku operates a streaming television platform that reported 60.1 million active user accounts as of December 31, 2021, serving as a significant gateway for television content and sports. The company currently maintains a market capitalization of $21.3 billion and generated $5.0 billion in revenue and $201.5 million in net income over the trailing twelve months ending July 15, 2026.Company OverviewMetricValueShare Price (as of market close 2026-07-15)$143.32Market Capitalization$21.2 billionRevenue (TTM)$5.0 billionNet Income (TTM)$201.5 millionCompany SnapshotRoku operates a comprehensive streaming television platform that enables users to discover and access diverse content including films, television series, live broadcasts, news, and sports programming, generating revenue through platform advertising, subscription services, and player hardware sales.The company operates a dual-segment business model comprising its Platform segment, which monetizes user engagement through advertising and content partnerships, and its Player segment, which generates revenue from the sale of Roku-branded streaming devices.Roku serves a broad consumer market of television viewers seeking streaming entertainment solutions, as well as content providers, advertisers, and media companies seeking to reach cord-cutting audiences through its platform infrastructure.Roku, Inc. is a leading streaming television platform operator with a substantial market presence, commanding a $21.3 billion market capitalization and generating $5.0 billion in TTM revenue across its integrated platform and player segments. The company has established a competitive advantage through its expansive user base of millions of active accounts and its ability to aggregate diverse content offerings while providing targeted advertising solutions to media partners. Roku's strategic positioning in the secular shift toward streaming entertainment and away from traditional cable television provides a foundation for sustained growth in the evolving media consumption landscape.
What this transaction means for investorsJedda’s sale of Roku stock seems intriguing, given the upcoming buyout by Fox Corporation.
Admittedly, as a Rule 10b5-1 sale, it appears to be a planned sale designed to manage liquidity and equity exposure, so it bears no obvious relation to the state of the stock or the upcoming merger. Moreover, the fact that the sale amounted to 9% of his shares seems to support the assertion that he sold shares for personal reasons.
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Nonetheless, the sale could be a hedge for Jedda. Fox agreed to buy the entertainment stock for $160 per share, and the sale is expected to close in the first half of 2027. However, Jedda sold those shares at a weighted average price of $141.90 per share, an 11% discount to the buyout price.
The deal must go through regulatory approval, which can be an uncertain process. If the deal does not go through, Roku could fall back to the pre-announcement price, which was just below $120 per share. Thus, by sellling some shares, Jedda locks in some gains regardless of whether the merger actually occurs.
Will Healy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roku. The Motley Fool has a disclosure policy.
When Micron (MU +0.04%) debuted as a public company in 1984, it wasn't the only U.S. company making DRAM (dynamic random access memory). But in the years that followed, the other domestic chipmakers in that memory niche got out of it. Soon, though South Korea-based competitors remained, Micron was the only company in this space trading on U.S. exchanges.
That changed this month.
After a secondary listing of American depositary receipts (ADR) on the Nasdaq Exchange on July 10, SK Hynix (SKHY +0.48%) is now giving U.S. investors another stock to pick to capitalize on the memory market, a point that is particularly notable given data centers' currently insatiable demand for high bandwidth memory (HBM). With that in mind, should chip stock investors shift their focus to SK Hynix or stay with Micron?
Image source: The Motley Fool.
The case for SK Hynix When one looks at SK Hynix's market position, one can easily understand why this new stock offering is welcome. For one thing, it has just formed a partnership with Nvidia. This should give SK Hynix a clear advantage, as sales of its HBM chips will benefit from their integration with the hardware of the dominant player in the AI accelerator market.
Moreover, SK Hynix was the first company to produce HBM, beginning production in 2013, and it's still the largest producer. Today, it controls 56% of the HBM market on which Nvidia depends.
However, the memory chip market is also the most volatile part of the semiconductor industry. For now, memory makers can command premium pricing as demand for their offerings far outstrips what they can supply. However, they are all working to expand their production capacity. Eventually, supply should catch up to -- and likely exceed -- demand, sapping the companies' pricing power. In previous cycles, that has led to memory stocks experiencing steep sell-offs. Under those circumstances, SK Hynix's leading market share could work against it.
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Fortunately, the market is unlikely to see a glut of memory chips for some time. Amid the current shortage, SK Hynix's revenue rose 199% year over year in Q1. That followed a 47% increase in 2025. Also, its Q1 net income was $26.5 billion, a 397% year-over-year gain.
Despite that massive growth, it trades at a P/E ratio of 24. Admittedly, the historical volatility in the industry may make investors hesitant, especially those with little appetite for risk. Still, with no slowdown in sight for the AI infrastructure build-out that is powering memory demand, SK Hynix is in an enviable position.
Why investors might still prefer Micron stock Despite SK Hynix's positive attributes and higher market share, investors should not count out Micron. Considering its 42-year trading history, its longtime investors know well the attributes and the challenges that come with Micron and its industry.
Also, since Micron is based in the U.S., investors can own its shares directly rather than through an ADR. Although SK Hynix's shares are likely safe, the ADR arrangement means one owns shares in a holding company tied to SK Hynix rather than owning a part of the company itself. That factor might give Micron an advantage in the minds of some investors.
Still, Micron is behind the curve in other respects. It did not begin making HBM until 2021, which explains its smaller market share. Also, while Micron is a key Nvidia supplier, it has not built a strategically integrated partnership with the GPU maker in the way that SK Hynix has.
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However, Micron continues to benefit tremendously from the memory chip shortage. In its fiscal 2026 third quarter (which ended May 28), revenue rose by 346% year over year, well above its 202% growth across the first nine months of the fiscal year. Also, its net income for fiscal Q3 increased by almost 15-fold.
Despite those gains, Micron's P/E ratio is 20, a seemingly low valuation that's tempered by the industry's history of volatility. Like with SK Hynix, investors who have limited risk tolerance should avoid Micron. But those who are OK with some volatility could still add it to their portfolios.
Ultimately, an investor who wants to choose just one of these stocks should probably lean toward SK Hynix.
Micron offers U.S. investors a long track record and a lower valuation, and in recent years, it has delivered outsize growth. Thus, investors have little reason to sell their existing Micron shares unless they anticipate an industry downturn.
Nonetheless, SK Hynix is the market leader in HBM. Also, thanks to its alliance with Nvidia, it is more likely to hold a durable competitive advantage in this volatile market. Such attributes indicate that investors are likely better off putting new money to work in SK Hynix stock.
Allspring Global Investments Holdings LLC lowered its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 5.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 137,212 shares of the medical equipment provider’s stock after selling 8,356 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Intuitive Surgical were worth $63,728,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in the business. Independent Financial Group LLC purchased a new stake in Intuitive Surgical during the first quarter valued at about $3,947,000. Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Intuitive Surgical in the first quarter worth about $15,226,000. W.G. Shaheen & Associates DBA Whitney & Co increased its holdings in shares of Intuitive Surgical by 1.0% in the first quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 2,542 shares of the medical equipment provider’s stock worth $1,172,000 after buying an additional 25 shares during the period. Evergreen Advisors LLC bought a new stake in shares of Intuitive Surgical in the 1st quarter valued at about $35,000. Finally, Wealthfront Advisers LLC lifted its stake in shares of Intuitive Surgical by 3.7% in the 1st quarter. Wealthfront Advisers LLC now owns 47,988 shares of the medical equipment provider’s stock valued at $22,122,000 after acquiring an additional 1,732 shares during the last quarter. Hedge funds and other institutional investors own 83.64% of the company’s stock.
Analyst Ratings Changes Several equities analysts recently issued reports on ISRG shares. Sanford C. Bernstein reduced their price target on Intuitive Surgical from $750.00 to $685.00 and set an “outperform” rating on the stock in a research report on Friday. Piper Sandler reiterated an “overweight” rating and issued a $470.00 price objective (down from $580.00) on shares of Intuitive Surgical in a research report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Intuitive Surgical in a research note on Tuesday, May 19th. Bank of America cut their target price on shares of Intuitive Surgical from $520.00 to $515.00 in a report on Friday, June 12th. Finally, Robert W. Baird decreased their target price on shares of Intuitive Surgical from $525.00 to $500.00 and set an “outperform” rating on the stock in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $523.46.
Get Our Latest Research Report on ISRG
Insider Activity In related news, SVP Iman Jeddi sold 5,625 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $420.55, for a total transaction of $2,365,593.75. Following the transaction, the senior vice president owned 6,463 shares in the company, valued at $2,718,014.65. This represents a 46.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amy L. Ladd sold 119 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $463.50, for a total transaction of $55,156.50. Following the completion of the sale, the director owned 120 shares in the company, valued at $55,620. This represents a 49.79% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,169 shares of company stock valued at $3,059,135 in the last 90 days. 0.60% of the stock is currently owned by insiders.
Intuitive Surgical Price Performance Shares of NASDAQ:ISRG opened at $345.42 on Friday. The company has a market cap of $122.33 billion, a P/E ratio of 39.57, a PEG ratio of 3.27 and a beta of 1.46. Intuitive Surgical, Inc. has a 1 year low of $344.55 and a 1 year high of $603.88. The stock’s fifty day moving average price is $415.28 and its 200-day moving average price is $467.88.
Intuitive Surgical (NASDAQ:ISRG – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The medical equipment provider reported $2.50 EPS for the quarter, topping the consensus estimate of $2.08 by $0.42. Intuitive Surgical had a return on equity of 17.09% and a net margin of 28.45%.The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period last year, the company earned $1.81 EPS. Intuitive Surgical’s revenue for the quarter was up 23.0% on a year-over-year basis. On average, sell-side analysts anticipate that Intuitive Surgical, Inc. will post 8.57 earnings per share for the current year.
Key Stories Impacting Intuitive Surgical Here are the key news stories impacting Intuitive Surgical this week:
Positive Sentiment: Intuitive Surgical reported stronger-than-expected Q2 revenue and earnings, helped by solid demand for its da Vinci robotic surgery systems and continued adoption of its products. Reuters article Positive Sentiment: The company still reported healthy procedure growth overall, with worldwide procedures rising and placements of robotic systems remaining strong, which supports the long-term investment case. Yahoo Finance article Neutral Sentiment: Several analysts lowered price targets after the report, but most kept bullish ratings such as overweight, buy, or outperform, suggesting Wall Street still sees meaningful upside despite the near-term pullback. Benzinga article Negative Sentiment: Management did not raise its forecast for procedure growth, and investors reacted badly to slower U.S. procedure growth and a cautious full-year outlook. Benzinga article Negative Sentiment: Reuters also noted concerns that changes to some insurance plans could reduce demand, adding to worries about slower U.S. growth and a softer near-term procedure trajectory. Reuters article About Intuitive Surgical (Free Report)
Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon’s hand movements into finer, scaled motions of small instruments inside the patient. Intuitive’s business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.
In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.
See Also Five stocks we like better than Intuitive Surgical AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding ISRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report).
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Intuitive Surgical (NASDAQ:ISRG) reported a solid second quarter of 2026, with management pointing to continued global adoption of its da Vinci, da Vinci SP and Ion platforms, even as U.S. procedure growth moderated and China remained challenging.
Chief Executive Officer Dave Rosa said total procedures increased 16% in the quarter, driven by 15% growth in da Vinci procedures and 36% growth in Ion procedures. The installed base of da Vinci and Ion systems rose 12% and 21%, respectively, and the company ended the quarter with nearly 13,000 systems installed worldwide.
“Our performance in Q2 was solid,” Rosa said. “We saw continued global adoption across our MultiPort, da Vinci SP, and Ion platforms and steady execution by our teams.”
Revenue rises 19% as recurring revenue remains dominant Chief Financial Officer Jamie Samath said second-quarter revenue increased 19% year over year to $2.89 billion, or 18% on a constant-currency basis. Recurring revenue rose 19% to $2.47 billion and represented 85% of total revenue.
Non-GAAP operating margin was 42%, and non-GAAP earnings per share increased 28% from the prior year to $2.80. Non-GAAP net income was $1 billion, compared with $798 million a year earlier. On a GAAP basis, net income was $818 million, or $2.29 per share, compared with $658 million, or $1.81 per share, in the second quarter of last year.
Samath said the quarter’s results included a $36 million pre-tax benefit tied to the refund of previously paid IEEPA tariffs. Non-GAAP gross margin was 70%, or 68.7% excluding that tariff refund benefit, compared with 67.9% in the prior-year period.
The company ended the quarter with $8.6 billion in cash and investments, up from $8 billion in the prior quarter. Samath said the increase was driven by operating cash flow, partly offset by $379 million in stock repurchases and $112 million in capital expenditures. Free cash flow for the first half of 2026 was $1.8 billion, up 71% from the first six months of 2025.
U.S. procedure growth slows, international markets expand In the U.S., da Vinci procedure growth was 12%, led by general surgery, while after-hours procedures increased 26%. Rosa said U.S. growth moderated from recent trends and from the company’s expectations at the start of the year, particularly in procedures that can be deferred.
“In our customer conversations, some have said that changes in patient coverage and premium dynamics may be affecting when patients seek care and move forward with treatment,” Rosa said. Samath added that customer feedback suggested a “modest adverse impact” on U.S. da Vinci procedure growth from patients affected by the expiration of subsidies for ACA enhanced premiums.
Samath also said U.S. da Vinci bariatric cases continued to be affected by rising GLP-1 usage, declining in the high single digits during the quarter.
Outside the U.S., da Vinci procedure growth was 20%. Rosa said Europe and Asia each grew 20%, while rest-of-world markets increased 22%. Samath highlighted strong results in India, Italy, Taiwan and the U.K., as well as solid growth in distributor markets and Germany. He said procedure growth in China and Japan was slightly ahead of the global average but continued to be affected by market-specific dynamics.
Capital placements rise on demand for newer platforms Intuitive placed 468 da Vinci systems in the quarter, up from 395 in the year-ago period. Of those placements, 246 were da Vinci 5 systems, including 114 dual consoles. The da Vinci 5 installed base is now just over 1,700 systems, used by more than 15,000 surgeons since launch, Samath said.
The company also placed 55 Ion systems, compared with 54 last year. Systems revenue increased 19% to $685 million.
U.S. da Vinci placements rose 24% to 267 systems, driven by adoption of and upgrades to da Vinci 5. Samath said almost all of the increase in U.S. placements came from trade-in activity, reflecting customer interest in upgrading. The company also placed 27 systems at ambulatory surgery centers, a level Samath described as significantly higher than Intuitive’s history. Twenty of those 27 placements were XiR systems.
Outside the U.S., Intuitive placed 201 systems, up 12% from last year. Placements included 75 systems in Asia, 79 in Europe and 47 in rest-of-world markets. In China, the company placed two systems, including its first da Vinci 5 system in Hong Kong. Samath noted that da Vinci 5 is not cleared in mainland China.
Rosa said adoption of da Vinci XiR is increasing, especially in more cost-constrained countries outside the U.S. and in U.S. ambulatory surgery centers. He said XiR expands access where a customer’s procedure mix and economics align with the capabilities and cost profile of Intuitive’s fourth-generation systems.
SP and Ion platforms continue to gain traction Intuitive placed 38 da Vinci SP systems in the quarter, bringing the global installed base to 445 systems. SP procedures increased 61%, driven by strength in Korea and the U.S. and early-stage momentum in Europe, Japan and Taiwan. Samath said U.S. SP system utilization increased 25% from the prior-year quarter.
The SP stapler launch also continued to expand. In the U.S., where it is in broad release, Samath said the stapler was used in nearly 60% of eligible cases, up from just under 40% in the prior quarter. Internationally, the stapler is in broad launch across Europe and Korea, with availability expected to extend to Japan in the third quarter.
Ion procedures increased 36% to 48,000 and now exceed 400,000 cumulatively. Rosa said Intuitive’s commercial teams have installed Ion systems in 12 countries outside the U.S., and the company continues to support U.S. utilization growth while generating evidence needed for international adoption.
Outlook maintained for da Vinci procedures Dan Connally said Intuitive is maintaining its full-year 2026 da Vinci procedure growth forecast of 13.5% to 15.5%, with an expectation closer to the midpoint. The company continues to expect growth to be driven mainly by U.S. general surgery, including after-hours procedures, and non-urology procedures internationally.
Connally said the outlook factors in the impact of changes to ACA premium subsidies and U.S. patient behavior, China tender volumes and competitive intensity, capital pressure in parts of Europe, prior capital challenges in Japan and the effect of pharmaceutical products for obesity management.
The company raised its non-GAAP gross profit margin forecast to a range of 68% to 69% of revenue, from a prior range of 67.5% to 68.5%. Connally said the new outlook still assumes higher input costs in areas including freight and semiconductor memory, as well as faster growth of newer products such as da Vinci 5 and Ion.
Intuitive now expects non-GAAP operating expense growth of 11% to 13%. Connally said R&D has recently grown faster than SG&A and that the company expects that trend to continue through the rest of 2026.
Management also discussed an Extended Use Program for a subset of EndoWrist instruments, expected to begin in the first half of 2027. Rosa said the initiative is intended to lower customer cost per procedure in certain benign procedures and cost-constrained geographies. Samath said the company is still finalizing pricing and plans to provide more detail on its next earnings call.
About Intuitive Surgical (NASDAQ:ISRG) Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon’s hand movements into finer, scaled motions of small instruments inside the patient. Intuitive’s business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.
In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.
Intuitive Surgical NASDAQ: ISRG was part of the artificial intelligence (AI)/robotics trade before it became mainstream.
The company manufactures the da Vinci robotic surgical system, which has an installed base of over 11,700 systems as of June 30, 2026.
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That was one highlight from the company’s Q2 2026 earnings report.
In the report, released after the market closed on July 16, the company delivered impressive numbers.
Second quarter 2026 revenue of $2.89 billion increased 19%, compared with $2.44 billion in the second quarter of 2025.
Second quarter 2026 non-GAAP net income attributable to Intuitive Surgical, Inc. was $1 billion, or $2.80 per diluted share, compared with $800 million, or $2.19 per diluted share, in the second quarter of 2025.
The Company repurchased 0.9 million shares of its common stock for $380 million in the second quarter of 2026.
Despite the strong report, ISRG fell approximately 10% in after-hours trading. The headline reason is that the company didn’t raise its full-year guidance for da Vinci procedures. The company’s prior guidance was 13.5% to 15.5%, which would mark its slowest growth in several years.
A Kink in the Company’s Critical FlywheelTo be fair, Intuitive Surgical is still posting impressive growth numbers for its da Vinci system. For the quarter just ended:
Worldwide da Vinci procedures grew approximately 15% year over year (YOY).
The company placed 468 da Vinci surgical systems, compared with 395 in the second quarter of 2025.
The second quarter 2026 da Vinci surgical system placements included 246 da Vinci 5 systems, compared with 180 in the second quarter of 2025.
The company grew its da Vinci surgical system installed base to 11,710 systems as of June 30, 2026, an increase of 12% YOY.
But it’s hard to overstate how important the da Vinci is to Intuitive Surgical’s growth. The system is a one-time purchase. But it spawns a host of services, instruments, and accessories that drive revenue and earnings.
To be fair, ISRG has been dropping since July 14. That’s when HCA Healthcare NYSE: HCA trimmed its full-year outlook, which implied fewer surgical procedures and sent all medical device stocks lower.
That's not necessarily what Intuitive Surgical is reporting. It’s just reporting slower growth. Yet growth is still growth.
Why Intuitive Surgical Stock Still Commands a Premium ValuationOverall MarketRank™94th Percentile
Analyst RatingModerate Buy
Upside/Downside51.5% Upside
Short Interest LevelHealthy
Dividend StrengthN/A
News Sentiment0.40 Insider TradingSelling Shares
Proj. Earnings Growth14.59%
See Full Analysis
At the close of trading on July 16, Intuitive Surgical traded for around 46x forward earnings. That’s a premium to the S&P 500, but for investors new to ISRG, it’s a discount to prior price-to-earnings (P/E) ratios, which at one point in the last few years were around 60x.
Nevertheless, ISRG is expensive at a time when investors are becoming more sensitive to the value they’re getting for the price. Some investors will point to companies like Medtronic NYSE: MDT and Boston Scientific NYSE: BSX, which are also in the medical device sector and trade at far lower multiples than Intuitive Surgical.
However, those companies have a broader product portfolio. Whereas Intuitive Surgical is laser-focused on the DaVinci system. The point is it’s not an apples-to-apples comparison. However, even as a standalone stock, ISRG has always commanded a premium price.
Intuitive Surgical Stock Breaks Below Long-Term SupportThe weekly chart shows that ISRG is now trading below its 200-week simple moving average (411.89) for the first time in years. This level served as reliable support throughout the 2023-2025 uptrend. Prior to the earnings report, shares had fallen roughly 32% from last year's peak near $590. The post-earnings drop to around $359 would represent a decisive break below that long-term trendline.
The weekly RSI sits at 35.97, its lowest reading since the 2022 bear market, though not yet in oversold territory below 30. That leaves room for further downside before technical buyers would typically step in. The trend structure—lower highs since early 2025—suggests momentum remains firmly with sellers for now. A reclaim of the 200-week average would be the first signal that the technical picture is stabilizing.
Why the Intuitive Surgical Sell-Off May Be OverdoneAt a time when high-speed algorithms are programmed to make buy/sell decisions based on raw data, this could be an overcorrection. It’s possible that the stock will reverse direction in the coming days. Analysts remain bullish on ISRG with a consensus price target of $530.92, representing nearly 50% updside potential.
That means if the stock continues to drop, as analysts maintain bullish targets, the opportunity for patient investors becomes even greater. The company may not have an impenetrable moat, but it’s still well fortified. For investors who have had ISRG on a watchlist, the time to buy may be coming.
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New York, New York--(Newsfile Corp. - July 18, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A or Class C common stock of Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) between February 11, 2025 and May 7, 2026, both dates inclusive (the "Class Period"), of the important August 10, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased Zillow common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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[url="]The Schall Law Firm[/url], a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Regeneron Pharmaceuticals,
TSMC stock sank this week after the company reported strong earnings results and said it plans to spend another $100 billion on expanding its U.S. chip foundry facilities. TSMC's lead in chip manufacturing technology has enabled it to raise its prices and expand margins.
Allspring Global Investments Holdings LLC lessened its position in shares of Danaher Corporation (NYSE:DHR – Free Report) by 2.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 473,207 shares of the conglomerate’s stock after selling 12,254 shares during the period. Allspring Global Investments Holdings LLC owned about 0.07% of Danaher worth $90,283,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Bank Pictet & Cie Europe AG lifted its holdings in shares of Danaher by 25.4% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 366,481 shares of the conglomerate’s stock valued at $83,895,000 after purchasing an additional 74,301 shares during the last quarter. Defender Capital LLC. purchased a new position in Danaher during the 4th quarter worth approximately $35,715,000. Northwestern Mutual Wealth Management Co. increased its position in Danaher by 303.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248,020 shares of the conglomerate’s stock worth $56,777,000 after buying an additional 186,584 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Danaher during the third quarter worth approximately $17,480,000. Finally, Coastline Trust Co lifted its stake in Danaher by 71.5% in the fourth quarter. Coastline Trust Co now owns 12,746 shares of the conglomerate’s stock valued at $2,918,000 after buying an additional 5,312 shares during the last quarter. 79.05% of the stock is currently owned by institutional investors and hedge funds.
Danaher Stock Performance DHR opened at $203.65 on Friday. Danaher Corporation has a 1-year low of $160.93 and a 1-year high of $242.80. The stock has a market cap of $144.14 billion, a P/E ratio of 39.39, a P/E/G ratio of 2.53 and a beta of 0.79. The stock’s 50 day simple moving average is $183.27 and its 200 day simple moving average is $198.47. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.87 and a quick ratio of 1.52.
Danaher (NYSE:DHR – Get Free Report) last issued its quarterly earnings data on Monday, April 20th. The conglomerate reported $2.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.12. The firm had revenue of $5.95 billion during the quarter, compared to analysts’ expectations of $6 billion. Danaher had a return on equity of 10.91% and a net margin of 14.89%.Danaher’s revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.88 earnings per share. As a group, equities analysts anticipate that Danaher Corporation will post 8.45 EPS for the current fiscal year.
Danaher Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, June 26th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, June 26th. Danaher’s payout ratio is 30.95%.
Wall Street Analyst Weigh In DHR has been the subject of several research analyst reports. The Goldman Sachs Group decreased their price objective on Danaher from $265.00 to $230.00 and set a “buy” rating for the company in a report on Monday, April 13th. Argus reduced their price target on shares of Danaher from $265.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. TD Cowen decreased their price target on shares of Danaher from $245.00 to $240.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Robert W. Baird lowered their price objective on shares of Danaher from $251.00 to $249.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Finally, Barclays dropped their price objective on shares of Danaher from $250.00 to $230.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $231.64.
View Our Latest Report on DHR
Danaher Company Profile (Free Report)
Danaher Corporation (NYSE: DHR) is a global science and technology company that designs, manufactures and markets products and services for the life sciences, diagnostics, and environmental and applied markets. The company organizes its operations into business segments focused on Life Sciences, Diagnostics, and Environmental & Applied Solutions, supplying instruments, reagents, software and related services that support research, clinical testing, biopharmaceutical development, and industrial and environmental monitoring.
Products and services in Danaher’s portfolio include analytical and diagnostic instruments, laboratory consumables and reagents, digital and software solutions for workflow and data management, field and industrial monitoring equipment, and service and maintenance programs.
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Allspring Global Investments Holdings LLC cut its stake in Medtronic PLC (NYSE:MDT – Free Report) by 16.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 885,098 shares of the medical technology company’s stock after selling 178,782 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.07% of Medtronic worth $76,172,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of the business. Brighton Jones LLC lifted its stake in shares of Medtronic by 1,368.0% in the 4th quarter. Brighton Jones LLC now owns 39,989 shares of the medical technology company’s stock valued at $3,194,000 after purchasing an additional 37,265 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Medtronic by 9.6% during the second quarter. Sivia Capital Partners LLC now owns 4,356 shares of the medical technology company’s stock worth $380,000 after buying an additional 381 shares during the period. Jump Financial LLC acquired a new stake in shares of Medtronic during the second quarter valued at about $299,000. Main Street Financial Solutions LLC raised its stake in shares of Medtronic by 28.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 14,356 shares of the medical technology company’s stock valued at $1,251,000 after acquiring an additional 3,218 shares during the period. Finally, HUB Investment Partners LLC raised its stake in shares of Medtronic by 21.3% in the 2nd quarter. HUB Investment Partners LLC now owns 19,226 shares of the medical technology company’s stock valued at $1,676,000 after acquiring an additional 3,376 shares during the period. 82.06% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets In other Medtronic news, EVP Harry Skip Kiil sold 4,189 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $80.44, for a total value of $336,963.16. Following the completion of the transaction, the executive vice president owned 37,227 shares in the company, valued at approximately $2,994,539.88. This represents a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.26% of the stock is owned by corporate insiders.
Medtronic Price Performance Shares of MDT opened at $83.20 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.62 and a current ratio of 2.13. Medtronic PLC has a fifty-two week low of $73.31 and a fifty-two week high of $106.33. The firm has a 50-day simple moving average of $79.50 and a 200-day simple moving average of $87.99. The company has a market capitalization of $106.50 billion, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 2.24 and a beta of 0.56.
Medtronic (NYSE:MDT – Get Free Report) last issued its quarterly earnings results on Wednesday, June 3rd. The medical technology company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.01. Medtronic had a return on equity of 14.51% and a net margin of 13.20%.The firm had revenue of $9.81 billion for the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter in the previous year, the firm posted $1.62 EPS. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. Medtronic has set its FY 2027 guidance at 5.900-6.000 EPS. On average, equities research analysts anticipate that Medtronic PLC will post 5.94 earnings per share for the current year.
Medtronic Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Friday, June 26th were paid a dividend of $0.72 per share. This is a positive change from Medtronic’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend was Friday, June 26th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.5%. Medtronic’s dividend payout ratio (DPR) is currently 77.21%.
Wall Street Analysts Forecast Growth A number of research firms recently weighed in on MDT. Stifel Nicolaus set a $80.00 price objective on shares of Medtronic in a research report on Wednesday, June 3rd. Weiss Ratings cut Medtronic from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Citigroup lowered their price target on Medtronic from $117.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $118.00 price objective on shares of Medtronic in a research note on Thursday, June 4th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $101.00 price objective on shares of Medtronic in a report on Wednesday, June 17th. Seventeen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Medtronic currently has a consensus rating of “Moderate Buy” and an average price target of $98.21.
View Our Latest Stock Analysis on MDT
Medtronic Company Profile (Free Report)
Medtronic plc is a global medical technology company that develops and manufactures a broad range of therapeutic devices and health care solutions. Headquartered legally in Ireland with principal operational offices in the United States, the company markets products to hospitals, physicians and health systems worldwide and has grown from its founding in 1949 into one of the largest medical-device manufacturers serving global health-care markets.
Medtronic’s offerings span several clinical areas, including cardiac rhythm and heart failure (pacemakers, implantable cardioverter‑defibrillators and related cardiac therapies), minimally invasive and surgical technologies (laparoscopic and advanced energy devices, visualization systems and surgical innovations), restorative therapies (spine and orthopedics, neuromodulation and neurovascular treatments) and diabetes management (insulin-delivery systems and glucose monitoring solutions).
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Allspring Global Investments Holdings LLC lifted its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 10.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 396,610 shares of the railroad operator’s stock after purchasing an additional 38,782 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.07% of Union Pacific worth $96,424,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of the stock. Capital World Investors boosted its position in shares of Union Pacific by 92.1% during the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock worth $4,658,142,000 after purchasing an additional 9,655,306 shares in the last quarter. Norges Bank acquired a new position in shares of Union Pacific during the 4th quarter worth $1,779,907,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Union Pacific by 72.7% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after purchasing an additional 3,861,636 shares in the last quarter. Capital Research Global Investors lifted its stake in shares of Union Pacific by 26.0% in the fourth quarter. Capital Research Global Investors now owns 10,980,904 shares of the railroad operator’s stock valued at $2,540,105,000 after purchasing an additional 2,267,708 shares during the period. Finally, Baupost Group LLC MA acquired a new stake in shares of Union Pacific in the third quarter valued at about $353,658,000. 80.38% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several research analysts have weighed in on UNP shares. JPMorgan Chase & Co. upped their target price on shares of Union Pacific from $275.00 to $304.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. BMO Capital Markets reiterated a “market perform” rating and set a $285.00 price target (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. UBS Group reissued a “neutral” rating and set a $274.00 price target (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. Weiss Ratings cut Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Finally, Sanford C. Bernstein raised their price objective on Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $299.11.
View Our Latest Research Report on UNP
Union Pacific Price Performance Shares of NYSE:UNP opened at $301.44 on Friday. The company has a market cap of $178.96 billion, a P/E ratio of 24.83, a P/E/G ratio of 3.13 and a beta of 0.96. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $303.15. The business has a fifty day simple moving average of $271.93 and a 200-day simple moving average of $256.00.
Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the prior year, the business posted $2.70 earnings per share. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Corporation will post 12.62 EPS for the current year.
Union Pacific Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, May 29th. Union Pacific’s dividend payout ratio is presently 45.47%.
Key Stories Impacting Union Pacific Here are the key news stories impacting Union Pacific this week:
Positive Sentiment: Union Pacific received the first rail from Rocky Mountain Steel’s new $1.2 billion Pueblo mill, kicking off a seven-year domestic supply contract that could improve rail-input reliability and support efficiency. Article Title Positive Sentiment: Several analysts remain constructive, with recent price-target increases and buy/outperform-style ratings helping reinforce expectations for stronger earnings and continued momentum. Article Title Positive Sentiment: Heading into Q2 results, earnings estimates have been rising as stronger freight demand may offset volume and supply-chain pressures, which could set up a positive catalyst if Union Pacific beats expectations. Article Title Neutral Sentiment: A valuation article said Union Pacific looks fairly valued on cash flow, suggesting the shares may be closer to intrinsic value than deeply discounted, which is less of a near-term trading catalyst. Article Title Negative Sentiment: Dan Loeb’s Third Point cut its Union Pacific stake by more than 90% while also slashing other railroad holdings, a move that may pressure sentiment around the sector amid merger uncertainty. Article Title Insider Transactions at Union Pacific In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This trade represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction on Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the transaction, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,378 shares of company stock worth $8,781,595 in the last three months. Company insiders own 0.22% of the company’s stock.
About Union Pacific (Free Report)
Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
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Modi Momentum: Finding Stability in India’s Goldilocks EconomyHDFC Bank NYSE: HDB management told investors that the lender entered the first quarter of fiscal 2027 with improving business momentum, stronger branch productivity and continued market-share gains in deposits, while also acknowledging ongoing pressure from funding costs and a shifting deposit mix.
Chief Executive Officer Sashi Jagdishan opened the earnings call by noting that the bank had navigated “certain challenges over the last four months” while keeping its focus on customer needs and franchise expansion. He thanked employees, the board and Keki Mistry, who served as interim chairman, and welcomed newly appointed Chairman Rajiv Kumar. Jagdishan said Kumar’s appointment brought “a sense of stability” and reduced uncertainty for the institution.
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Deposit Growth Remains a Key Focus Jagdishan said deposit growth in the quarter remained “relatively better than the historical Q1 trends,” with HDFC Bank continuing to gain market share on both an incremental and stock basis. He also said branch productivity continued to improve as the bank realized benefits from investments made over the past five to six years.
Chief Financial Officer Srinivasan Vaidyanathan said the bank has more than 100 million customer relationships and is focused on improving “unit economics” by adding more accounts while keeping costs under control. He said household deposit growth in India remains among the lowest across deposit categories, which makes customer acquisition and distribution reach critical.
Management also discussed the bank’s current account and savings account, or CASA, trajectory. Jagdishan said the bank’s objective is to move closer to pre-merger CASA levels, noting levels around 38% after the merger and 40% before that. However, he said time deposit growth has been higher than low-cost funds growth in recent years, contributing to a lower CASA ratio.
Vaidyanathan added that time deposits also remain an opportunity, noting that only 14% of the bank’s customers currently have time deposits with HDFC Bank.
Margins Pressured, But Management Points to Long-Term Levers Asked whether margins had bottomed, Vaidyanathan said the bank does not manage margins on a quarter-to-quarter basis and that a full-year view is more appropriate. He identified cost of funds as the largest opportunity for margin improvement, but cautioned that changes would not happen quickly.
Vaidyanathan said non-retail deposit costs remain elevated, while retail deposit costs have been relatively steady. He also said the bank’s borrowing mix remains around 11%, compared with an industry level of roughly 5% to 6%, and that maturities and balance-sheet growth should help reduce that proportion over time.
On the asset side, Vaidyanathan said the mix of loans will also matter for longer-term margins. He noted that retail loans make up about 52% of the bank’s loan mix, while management has historically viewed roughly 60% as a level that better mirrors the consumption component of India’s economy.
Management said cost of funds was broadly flat sequentially and down about 40 basis points year over year.
Loan Growth Broad-Based Across Wholesale, MSME and Retail Jagdishan said the bank is “on the verge of pressing the pedal” on advances, adding that loan growth has been strong over recent quarters and that the trajectory continues. He said credit demand in the system is healthy, though competition remains intense, particularly in corporate lending where spreads are thin.
Management said wholesale and corporate loans grew about 18%, while business banking, described as the largest component of the MSME segment, grew 22.3%. The bank also participated in the ECLGS 5.0 scheme, with disbursements of close to INR 14,000 crore as of June 30.
In retail lending, management said disbursement growth was strong in the wheels business and in unsecured products such as personal loans and business loans. Mortgage disbursements grew close to 14% year over year, while some other retail disbursements grew by roughly 20%.
HDFC Bank also highlighted the FCNR(B) policy window as an opportunity. Jagdishan said the bank spent much of June completing documentation and approvals internally and with counterparty banks across jurisdictions. He declined to provide a specific mobilization target but said the bank aims to capture a “reasonably strong and significant market share” as activity picks up in July, August and September.
Technology, Efficiency and Customer Service Prioritized Jagdishan repeatedly emphasized customer service and turnaround time as strategic priorities. He said the bank is measuring service delivery more granularly across the country and reimagining digital journeys and analytics to drive adoption and efficiency.
The CEO said HDFC Bank is “on the cusp” of using GenAI technologies in its processes, with several “lighthouse programs” expected to go into production during the year. He also said security remains a central part of the bank’s strategy and that management is exploring how AI can strengthen defense mechanisms.
Asked about whether the bank is underinvesting after keeping costs controlled, Jagdishan said the bank has made significant investments over the past five years in distribution, staffing and technology. He said distribution investment may be “slightly muted” for now, but technology investment will continue, particularly in security and AI.
Provisioning and Governance Updates On expected credit loss rules due to take effect April 1, 2027, Vaidyanathan said the bank’s overall provisions appear “adequate and sufficient” for the new methodology. He said there may be some ongoing impact because of required provisioning floors, but he does not expect it to be material based on the bank’s current view.
Management also addressed board and leadership matters. Jagdishan said the board is considering steps related to adding another executive director and that “a fair amount of action” should be visible in a short time. On the managing director and CEO reappointment process, Vaidyanathan said the nomination and remuneration committee and the board are “fully seized of the matter” and that announcements will be made when conclusions are reached.
Looking ahead, Jagdishan cited weather-related risks such as El Niño and geopolitical tensions in West Asia, but said the country and the bank are prepared to weather potential challenges. He said HDFC Bank remains focused on customer engagement, technology-led efficiency and long-term franchise growth.
About HDFC Bank (NYSE:HDB)HDFC Bank Limited is one of India's leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.
The bank's core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).
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Morgan Stanley (NYSE:MS) reported record second-quarter 2026 results, with executives citing strong client activity across institutional securities, wealth management and investment management, as well as continued benefits from the firm’s integrated business model.
Chairman and Chief Executive Officer Ted Pick said the firm generated more than $21 billion in quarterly revenue and earnings per share of $3.46, contributing to what he called an “exceptional first half” of 2026. Chief Financial Officer Sharon Yeshaya said second-quarter revenue was $21.3 billion, return on tangible common equity was 26.6%, and the firm’s year-to-date efficiency ratio was 65%.
Across wealth and investment management, total client assets reached $10 trillion, a strategic milestone Pick said the firm had fulfilled. He said Morgan Stanley is seeking over time to grow standalone wealth assets from the current $8 trillion to $10 trillion.
Institutional Securities Posts Record Revenue Morgan Stanley’s institutional securities segment delivered record revenue of $11 billion and record pre-tax profit of $4.3 billion, according to Yeshaya. She said results were driven by the firm’s equities franchise and supported by investment banking.
Investment banking revenue rose 58% from the prior year to $2.4 billion, reflecting stronger activity across advisory, equity underwriting and fixed income underwriting. Advisory revenue increased to $798 million on higher completed activity, with contributions across industrials, technology and healthcare. Equity underwriting revenue was $851 million, supported by what Yeshaya described as a robust IPO market and strong follow-on and convertible activity. Fixed income underwriting revenue reached a record $788 million, driven by bond issuance from both investment-grade and non-investment-grade companies.
Yeshaya said the investment banking outlook remains “constructive,” with healthy pipelines and broad-based client dialogue. While year-to-date activity has been led by the Americas, she said global activity is building.
Equities revenue reached a record $6.3 billion, with increases across products and regions. Yeshaya said Asia was strong, with activity broadening across the region. Prime brokerage revenue rose from the prior year on higher average client balances and strong activity in Asia, while cash equities benefited from active client engagement and higher market volumes in the Americas. Derivatives results were also described as very strong.
Fixed income revenue was $2.5 billion. Yeshaya said macro results were roughly flat from the prior year, as resilience in rates offset weaker foreign exchange activity in an environment where volatility traded near historic lows. Micro results increased year over year, driven by credit corporates, primary issuance and growth in securitized product lending balances.
Wealth Management Benefits From IPO-Related Flows Wealth management generated record revenue of $8.9 billion and pre-tax profit of $2.7 billion, with a pre-tax margin of 30.5%. Total client assets in the business stood at $8 trillion.
The business recorded $148 billion in net new assets, which Yeshaya said was a record. Fee-based flows were $39 billion, and fee-based assets totaled $3 trillion. Stock plan IPO flows represented just over half of overall net new assets during the quarter, more than offsetting seasonal tax-related outflows.
Yeshaya said the results demonstrated the strength of Morgan Stanley’s workplace channel and the firm’s client acquisition funnel. She said the firm has relationships with about 70% of the top 100 unicorns by market capitalization in its workplace pipeline and now has 20 million “touch points” through workplace and related client relationships.
In response to analyst questions, Yeshaya said workplace-related flows will vary by IPO timing, vesting schedules and other factors. She emphasized that the firm is focused on retaining clients who enter through the workplace channel and moving them toward advice-based relationships where appropriate.
Pick said the wealth management margin has exceeded 30% several times, but added that management is not “solving for” a particular margin number. Instead, he said the firm is focused on driving pre-tax profit growth while continuing to invest in areas that support long-term wallet share gains.
Wealth management net interest income increased to $2.3 billion, supported by higher-than-expected sweep balances and strong loan growth. Yeshaya said the firm expects a modest sequential increase in net interest income in the third quarter.
Investment Management Reaches $2 Trillion in AUM Investment management assets under management reached a record $2 trillion. The segment reported $1.6 billion in revenue, up 6% from the prior year, driven by higher asset management and related fees tied to higher average AUM.
Long-term net inflows were $7.5 billion in the quarter, led by alternatives and solutions, including Parametric, as well as fixed income strategies. Yeshaya said Parametric remains a key differentiator for Morgan Stanley, with more than $760 billion in AUM.
Capital Position Supports Buybacks and Dividend Increase Morgan Stanley ended the quarter with a standardized common equity tier 1 ratio of 14.8%. Yeshaya said total spot assets grew to $1.7 trillion, while standardized risk-weighted assets increased to $590 billion as the firm supported higher client activity.
The firm repurchased $1.5 billion of common stock during the quarter and announced a 15-cent increase in its quarterly dividend, bringing the payout to $1.15 per share. Pick said Morgan Stanley has accreted $18 billion of CET1 capital over the last 10 quarters and has a capital cushion of at least 300 basis points.
During the question-and-answer session, Pick said there is strong demand for the firm’s capital across investment banking, fixed income, equities and wealth management clients. He also said management continues to evaluate potential bolt-on acquisitions, but emphasized that the firm’s bias remains toward organic investment.
Executives Highlight AI, Geopolitics and Deal Activity Pick reiterated two themes he said have come into sharper focus in 2026: the accelerating adoption of artificial intelligence and the return of geopolitics as a major force in the global economy. He said AI-related capital spending expectations continue to rise, citing internal research that projects data center capital expenditures of about $850 billion in 2026, $1.3 trillion in 2027 and potentially $1.5 trillion in 2028.
Pick said the firm’s role in that environment is to advise, finance and allocate capital for clients, though he cautioned that the AI investment cycle remains early and subject to uncertainty from technology, supply chain, geography and nation-state involvement.
On merger and acquisition activity, Pick said the backdrop is favorable, citing what he characterized as a normalization of regulation, strong economic conditions and pent-up activity after prior periods of disruption. Yeshaya said the investment banking cycle began with debt issuance, has broadened into equity activity, and could see additional momentum from financial sponsors.
Pick said Morgan Stanley enters the second half of 2026 “from a position of strength,” with clients seeking advice on complicated global markets and interest in new products and innovation.
About Morgan Stanley (NYSE:MS) Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.
The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.
Angeles Wealth Management LLC reduced its stake in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 68.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,344 shares of the software maker’s stock after selling 2,884 shares during the quarter. Angeles Wealth Management LLC’s holdings in Intuit were worth $581,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in INTU. Joseph Group Capital Management purchased a new position in shares of Intuit during the fourth quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Intuit in the fourth quarter valued at approximately $25,000. HHM Wealth Advisors LLC grew its stake in Intuit by 75.0% in the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after purchasing an additional 30 shares in the last quarter. Whipplewood Advisors LLC bought a new position in Intuit in the first quarter worth approximately $30,000. Finally, CrossGen Wealth LLC purchased a new position in Intuit during the 1st quarter worth $32,000. 83.66% of the stock is currently owned by institutional investors.
Trending Headlines about Intuit Here are the key news stories impacting Intuit this week:
Positive Sentiment: Intuit is being viewed as a long-term AI beneficiary as it embeds AI across its platform to automate financial workflows, expand higher-value services, and support future growth. Intuit Reinvents Itself With AI: Should You Buy the Stock? Positive Sentiment: The company’s AI initiative could improve productivity and deepen customer usage, which may support margins and recurring revenue over time. Intuit Reinvents Itself With AI: Should You Buy the Stock? Neutral Sentiment: One analyst note referenced Intuit being upgraded to “strong sell,” but the item provides no detailed rationale and appears secondary to the broader legal-news flow. Intuit upgraded by Piper Sandler to strong sell Negative Sentiment: Multiple law firms announced or reminded investors about a pending securities class action against Intuit, with a lead-plaintiff deadline of September 8, 2026, creating a legal overhang for the stock. Bronstein, Gewirtz & Grossman LLC Urges Intuit Inc. Investors to Act Negative Sentiment: The lawsuit alleges securities fraud and investor harm related to the period when Intuit’s stock dropped after guidance changes, which may keep pressure on shares near term. Robbins Geller Rudman & Dowd LLP Announces that Intuit Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit Negative Sentiment: Several additional firms filed or promoted similar class-action notices, reinforcing concerns that Intuit may face prolonged litigation and headline risk. Pomerantz Law Firm Announces the Filing of a Class Action Against Intuit Inc. and Certain Officers Analyst Upgrades and Downgrades INTU has been the subject of several research reports. Wolfe Research reiterated an “outperform” rating and issued a $400.00 target price on shares of Intuit in a report on Thursday, May 21st. BMO Capital Markets cut their price target on Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Susquehanna lowered their price objective on shares of Intuit from $640.00 to $550.00 and set a “positive” rating for the company in a research note on Friday, May 22nd. Mizuho cut their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 26th. Finally, Jefferies Financial Group reduced their price target on shares of Intuit from $650.00 to $550.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Twenty-two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and an average price target of $490.39.
Check Out Our Latest Report on Intuit
Insider Transactions at Intuit In other Intuit news, Director Vasant M. Prabhu acquired 500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average price of $309.71 per share, for a total transaction of $154,855.00. Following the completion of the purchase, the director directly owned 1,750 shares of the company’s stock, valued at $541,992.50. The trade was a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the sale, the director owned 11,758 shares in the company, valued at $3,084,358.56. The trade was a 2.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,239 shares of company stock worth $348,354 in the last 90 days. Insiders own 2.49% of the company’s stock.
Intuit Price Performance NASDAQ INTU opened at $291.09 on Friday. The firm’s fifty day simple moving average is $303.20 and its two-hundred day simple moving average is $406.56. The firm has a market capitalization of $79.62 billion, a P/E ratio of 17.63, a P/E/G ratio of 1.08 and a beta of 1.00. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $813.70.
Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion during the quarter, compared to analysts’ expectations of $8.54 billion. During the same quarter last year, the firm earned $11.65 EPS. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Analysts forecast that Intuit Inc. will post 18.18 EPS for the current fiscal year.
Intuit Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were paid a dividend of $1.20 per share. The ex-dividend date was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. Intuit’s payout ratio is presently 29.07%.
Intuit Company Profile (Free Report)
Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.
Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.
Featured Articles Five stocks we like better than Intuit AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU – Free Report).
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