Tom Lee, Chairman of Bitmine Immersion Technologies (the world’s largest corporate holder of Ethereum), is strongly pushing an “ETH 2.0 thesis.” In it, he says Ethereum (ETH) is at an inflection point similar to Amazon before AWS or Nvidia before the AI boom.
Ethereum enters “ETH 2.0 era” amid Wall Street and AI adoptionIn a recent commentary titled “ETH is the Cure for the Uncanny Valley of Wealth,” Lee argued that at present ETH is “grossly undervalued” because retailers are “rage-quitting at the bottom.” At press time, ETH was trading at $1,844, down 46.97% in the past year and 63% below its August 2025 all-time high of $4,953.
Source: CoinMarketCap
Nonetheless, multi-billion-dollar companies’ tokenized products such as BlackRock’s BUIDL and JPMorgan’s MONY are proof that institutions are building on Ethereum’s long-term future.
Even more, large firms such as Bitmine are running the network as validators even after the Ethereum Foundation scaled back its footprint to just 0.1% of ETH’s circulating supply.
He further supports Ethereum’s bullish case by noting that its security and immutability position it at the forefront of agentic use in artificial intelligence (AI). He further projects that Ether will evolve from a speculative coin into a payment rail for automated computational power.
ETH price targetsIn the short term, Lee predicts ETH could hit $2,200 by August this year. In the long term, the project targets $12,000 if Bitcoin hits $250,000. This would be driven by a rotation of capital from Bitcoin and an improvement in the current 0.029 ETH/BTC exchange ratio.
He adds that ETH could further rise to $65,000 should it dominate as a global payments network and settlement layer for tokenized real-world assets (RWAs). Further out, he sets a $5 trillion market cap, implying a $250,000 multi-year target.
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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On its chart, XRP has reached a crucial point where the next move could decide whether the asset eventually stabilizes or continues its wider downtrend. XRP is trying to establish a base close to the $1.08 area following months of intense selling pressure, but the technical picture is still unstable.
XRP's stabilization is on the lineXRP is trapped inside a narrowing wedge pattern on the daily chart. Squeezed between rising support and falling resistance, the price is currently trading around $1.08. For traders, the upcoming sessions are particularly crucial because these formations usually precede a larger directional move. Bulls should take heart from the fact that XRP is no longer setting aggressive new lows.
Buyers have consistently defended the $1.00–$1.05 zone since the severe sell-off in June. The emergence of higher lows indicates that market demand is progressively rebounding. Resistance is still quite strong, though. XRP is still trading below its exponential moving averages for the next 20, 50, and 100 days, which are around $1.10, $1.14, and $1.25, respectively.
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XRP/USDT Chart by TradingViewThe 200-day EMA, which stands at $1.45 above those levels, is the final barrier separating XRP from a true long-term recovery. Additionally, volume has stayed comparatively low during the consolidation phase. Although buyers have not yet demonstrated enough conviction to force a breakout, sellers are no longer controlling the market as they did earlier in the year.
This lack of involvement frequently leads to unstable conditions where a small amount of selling pressure can cause another decline. The momentum is neutral to bearish, as indicated by the Relative Strength Index, which is currently close to 44. Although the indicator has moved out of oversold territory, it is still below the crucial 50 level, which is frequently associated with more robust bullish trends.
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The immediate support area for XRP is still around $1.05. A break below that level could lead to a retest of the psychological $1.00 area and invalidate the recent series of higher lows. The asset's developing structure would be seriously harmed by losing that support. On the upside, a move through $1.10 and a breakout above the declining trendline would be the first indication that bulls are taking back control.
Thus, the stability of XRP's price is at stake. Although the asset is no longer in free fall, it has not yet demonstrated that a long-term recovery is in progress. The direction of XRP for the rest of the summer may be determined by the next breakout from this narrowing range.
Shiba Inu's turning pointShiba Inu is exhibiting the first indications that a possible bottoming process might be under way following months of unrelenting selling pressure. Although a complete trend reversal cannot yet be declared, the most recent chart structure indicates that SHIB may be nearing a significant turning point.
SHIB has been consolidating just above its recent lows for the past few weeks, and it is currently trading close to $0.00000412. In contrast to earlier sell-offs, the token is still in a wider downtrend, but it is no longer making sharp new lows. That shift alone merits consideration.
SHIB/USDT Chart by TradingViewThe behavior of momentum is the most significant finding. With a Relative Strength Index close to 34, SHIB is in the vicinity of oversold territory. Long stretches below 40 have historically been linked to seller fatigue. Oversold conditions often precede stabilization phases, but they do not guarantee a reversal.
There is also a slight improvement in price action. Instead of the steep waterfall declines observed earlier in the year, SHIB has experienced a series of comparatively shallow pullbacks since the steep decline in June. Volatility has significantly decreased, which frequently occurs in the vicinity of significant bottoms as both buyers and sellers lose conviction. The technical picture, however, is still far from optimistic.
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All of the major moving averages are still above SHIB. The 50-day EMA is close to $0.00000446, the 20-day EMA is close to $0.00000437, the 100-day EMA is close to $0.00000516, and the 200-day EMA is close to $0.00000620. Before any significant recovery can be verified, buyers would need to climb this significant resistance ladder. Volume is another concern.
The buying volume has not increased sufficiently to indicate aggressive accumulation, even though selling pressure has decreased. There is currently no discernible increase in demand, which is typically present during true market bottoms.
The most important level to keep an eye on is the current floor at $0.00000400. There is still a chance that a long-term base will form as long as SHIB stays above that region. Much of the stabilization narrative would be refuted by a clear break below it, leaving the token vulnerable to further declines.
Ethereum's mini-signalA mini-golden cross is starting to form on the daily chart, indicating one of Ethereum's most positive technical developments in months. The signal shows increasing momentum and may be an early sign that the market is moving away from the extreme bearish conditions that dominated the first half of the year, even though it is not as significant as a typical 50-day/200-day crossover.
More significantly, what many traders call a 'mini-golden cross' was created when the 20-day exponential moving average crossed above the 50-day EMA. This crossover, which indicates that short-term momentum is starting to outperform medium-term price action, frequently occurs in the early phases of more significant trend reversals. In contrast to earlier attempts at recovery, Ethereum has also succeeded in rising above both moving averages. Right now, the 50-day EMA is around $1,740, and the 20-day EMA is close to $1,776.
ETH/USDT Chart by TradingViewCollectively, they create a zone of support that buyers have successfully maintained throughout July. Bulls are still in danger, though. Ethereum has entered one of the chart's most significant resistance zones as a direct result of the recent surge. The 200-day EMA is still significantly higher at $2,210, while the 100-day EMA is close to $1,940. Sellers are still active whenever Ethereum approaches significant resistance, as evidenced by the most recent rejection from the $1,900–$1,950 range.
The volume offers some motivation. Increased participation has coincided with the recovery from June's capitulation low, indicating that real buying demand rather than just short-covering is driving the move. With the Relative Strength Index rising to roughly 55, momentum is firmly in the neutral-to-bullish range.
Ethereum still has room to grow before overheating, in contrast to earlier rallies that swiftly became overextended. Currently, $1,940 is the crucial level to keep an eye on. The bullish case would be greatly strengthened by a breakout above the 100-day EMA, which might pave the way for the psychologically significant $2,000 mark. Additionally, this move would bring the 200-day EMA into focus for the first time in months.
Ethereum price today: $1,830US sentiment toward Ethereum remains in negative territory despite declines in ETH exchange reserves and ETF inflows.Ethereum’s increasing transaction counts and staking inflows are driven by a few players rather than broad market participation.ETH eyes a bounce off the 50-day EMA and $1,806 horizontal level.Ethereum's (ETH) outperformance over the past week shows it's gaining relative strength against other top cryptocurrencies, but under the surface, key metrics indicate its rise remains fragile.
Between last week and Wednesday, ETH recorded double-digit gains, outperforming fellow crypto majors Bitcoin (BTC), XRP, and Solana (SOL), before the broader market began to correct on Thursday.
Since July 5, Ethereum Exchange Reserves have fallen by 253K ETH, indicating more investors are moving coins to self-custody wallets and reducing available sell-side supply.
ETH Exchange Reserves. Source: CryptoQuantSimilarly, US spot ETH exchange-traded funds (ETFs) are on track to end the week positively after $68 million in net inflows between Monday and Thursday, according to SoSoValue data.
However, the Coinbase Premium Index, which measures US sentiment, remains in negative territory despite seeing a slight recovery earlier in the week. The metric has to recover to positive levels and remain there to sustain ETH’s price growth.
ETH Coinbase Premium Index. Source: CryptoQuantMeanwhile, network activity shows a mixed outlook. The 14-day moving average of transaction counts has soared to a new high of 2.65 million, breaking its May record.
Ethereum Transaction Counts. Source: CryptoQuantHowever, active addresses have continued to decline, with their 14-day SMA falling to 397K, their lowest level since December. The divergence indicates that fewer wallets are interacting with the network, but are executing transactions at a higher frequency. Historically, booms in transaction counts without broad network participation are difficult to sustain price growth.
Ethereum Active Addresses. Source: CryptoQuantMeanwhile, the total value of staked ETH continues to soar, reaching a new record high of 40.93 million ETH, up 4.94 million ETH since the beginning of the year. On the surface, the sustained growth in staking inflows reflects confidence in the top altcoin, as investors lock up their tokens to earn yield and contribute to network security while expecting a price recovery.
However, it's important to note that a majority of the staking inflows have stemmed from Ethereum treasury firm BitMine Immersion (BMNR), which has staked 4.9 million ETH since December. Hence, the growth in total ETH staked doesn't necessarily reflect broad participation in staking.
Ethereum Price Forecast: ETH eyes a bounce off the 50-day EMAEthereum has seen $91.4 million in liquidations over the past 24 hours, led by $61 million in long liquidations.
On the daily chart, ETH is holding a constructive near-term bullish bias, with price above the 20- and 50-day Exponential Moving Averages (EMAs) at $1,791 and $1,812. Momentum stays positive with the Relative Strength Index (RSI) hovering in the mid-50s and the Stochastic Oscillator (Stoch) elevated, which together suggest that buying pressure remains in control, even as the advance starts to look stretched.
On the topside, initial resistance is seen at the horizontal barrier near $1,909, ahead of a denser supply zone formed by the 100-day EMA at $1,942 and the $2,018 and $2,107 levels. Further hurdles are at $2,211 and $2,388.
ETH/USDT daily chartOn the downside, immediate support is aligned around $1,812–$1,806, where the 50-day EMA and a horizontal level converge, followed by the 20-day EMA and the structural floor at $1,741. A deeper setback would expose the next medium-term supports at $1,524, $1,404 and $1,155.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Bitcoin traded around $64,000 on Friday as spot ETF inflows remained positive, while crypto market sentiment stayed in the Fear zone.
Notable Statistics:
Coinglass data shows 112,566 traders were liquidated in the past 24 hours for $438.29 million. SoSoValue data shows net inflows of $79.2 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $28.04 million. In the past 24 hours, top gainers include DeXe, Pi and Quant. Notable Developments:
Trader Notes:
Crypto chart analyst Ali Martinez explained that dormant Bitcoin moved on-chain in large amounts over the past 24 hours, signaling a potential increase in volatility. Historically, spikes in old coins changing hands have often preceded major price moves in the Bitcoin market.
Trader Jelle notes that every previous Bitcoin bear market bottom formed below the 0.618 Fibonacci retracement of the prior bull cycle. While Bitcoin has now tested that key level for the first time, they argue history suggests the final bear market low may still lie ahead despite growing optimism that the bottom is already in.
Trader KillaXBT says Bitcoin must reclaim the $63,600–$63,800 resistance zone to maintain bullish momentum. Failure to break above this key area, aligned with the weekly open, could trigger a corrective move toward $61,000.
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Input Output, the engineering firm that essentially built Cardano from scratch, is handing over the keys. Starting in August 2026, IO will transfer control of critical infrastructure components to independent specialist teams, with community organizations providing oversight. The handover will extend through 2027.
What’s actually changing The components being transferred are the foundational pieces of the entire Cardano ecosystem: the Haskell node (the software that runs the blockchain itself), the Plutus smart-contract platform, the Daedalus wallet, Hydra scaling technology, and developer relations.
Two independent firms, Se7en Labs and Teragone, will take over development responsibilities. Community entities Intersect and Pragma will provide oversight, ensuring multiple node implementations are maintained under what IO describes as rigorous formal specifications.
IO isn’t disappearing entirely. The company plans to shift its focus toward research and exploring new ventures through IO Labs and IO Ventures.
IO halved its 2026 treasury requests to roughly $46.8 million, down from $97.5 million. That’s a deliberate signal: the company wants the ecosystem to become self-sufficient rather than perpetually dependent on a single entity’s funding demands.
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The Voltaire era, explained This transition represents the culmination of Cardano’s “Voltaire era.” Named after the French philosopher, this phase has always been about decentralizing governance. Cardano was designed from day one to eventually not need its creator.
The project’s founder, Charles Hoskinson, has long positioned Cardano as a blockchain built on peer-reviewed academic research. IO has been the primary engine of that research and development since the network’s inception. Shifting core development to multiple independent teams is arguably the most concrete step Cardano has taken toward genuine decentralization.
Having multiple independent teams maintaining different implementations of the same protocol is considered a gold standard in blockchain engineering. Ethereum, for example, benefits from having multiple client teams (Geth, Nethermind, Besu, and others) so that a bug in one client doesn’t bring down the entire network.
The elephant in the room: network activity ADA is trading at approximately $0.16, roughly 95% below its all-time high of $3.10 reached in 2021.
Cardano’s Total Value Locked sits at approximately $70 million. For context, Ethereum’s TVL runs into the tens of billions.
The halving of treasury requests to $46.8 million suggests elements of both cost reduction and philosophical alignment with Cardano’s decentralization goals.
What this means for investors The bull case: decentralized development makes Cardano more resilient, with no single company able to become a bottleneck or single point of failure. Community governance through Intersect and Pragma could increase user engagement and trust.
The bear case: Cardano’s TVL of $70 million and an ADA price of $0.16 suggest the market has largely moved on. Se7en Labs and Teragone aren’t household names in crypto, and their ability to maintain and improve critical infrastructure at scale is unproven at this level.
The practical metric to watch is whether Cardano’s TVL and developer activity increase after the handover. The next twelve months, as the transition unfolds through 2027, will likely determine whether this was Cardano’s coming-of-age moment or its quiet exit from the top tier of smart-contract platforms.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Cardano (ADA) continues to face heavy selling pressure, trading near $0.15 in July 2026, leaving many long-term holders disappointed. One crypto analyst admitted he also did not expect ADA to be at these levels after previously reaching above $3. However, he argues that the current market environment reflects a broader crypto slowdown rather than a failure of Cardano itself.
According to the analyst, the crypto cycle changed after 2025, catching much of the industry by surprise. While sentiment remains weak, he believes Cardano is entering a potential accumulation phase rather than the end of its growth story.
Cardano (ADA) Near Bottoming ZoneThe analyst notes that ADA is now trading roughly 90% below its all-time high, placing it in a historical bottoming range seen during previous crypto bear markets. The $0.14 level remains a critical support area after buyers defended it during June’s sell-off.
Although he does not rule out another decline below support, he said investors should prepare for both scenarios instead of reacting emotionally. Historically, periods of maximum fear have often created long-term buying opportunities across the crypto market.
Whale Accumulation shows ConfidenceOne of the strongest bullish signs, according to the analyst, is continued whale accumulation.
Wallets holding 1 million or more ADA now control 67.5% of the circulating supply.Wallets with 10–100 million ADA increased their share during June’s sell-off.Whale holdings have reached their highest level since February 2023, even as smaller investors continue selling.The analyst says this behavior mirrors previous crypto cycles, where large investors quietly accumulated while retail sentiment remained extremely negative.
ETF Timeline and Network UpgradesBeyond whale activity, the analyst noted that the institutional interest is gradually building. Following the launch of CME Cardano futures in February 2026, the market is now watching a possible spot ADA ETF review, with October 2026 viewed as a key decision period.
The analyst highlights three major developments that could strengthen Cardano’s ecosystem:
Leios Scaling Upgrade: Designed to increase transaction capacity and address concerns about network speed.RealFi Expansion: It mainly focuses on connecting Cardano with real-world assets, including credit markets, bonds, and business lending.Van Rossem Hard Fork July 18: Expected to improve smart contracts, privacy features, and zero-knowledge proof capabilities.According to him, these upgrades could help solve some of Cardano’s biggest criticisms, particularly around scalability and adoption.
Price OutlookOn the price front, the analyst noted that ADA’s current price of around $0.15 does not reflect its growing whale accumulation, potential spot ETF catalyst, or major upgrades like Leios and RealFi. While he isn’t urging investors to buy, he says that even if ADA drops below $0.10, continued institutional accumulation, ETF prospects, and improving network fundamentals could position Cardano for a strong recovery in the next crypto bull cycle. Overall, the cryptocurrency is down 1.62% over the past 24 hours.
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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, /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NasdaqGM: FUTU), if they purchased or otherwise acquired the Company's securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.
Futu Holdings Investigation What You May Do
If you purchased securities of Futu as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-futu/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 25, 2026.
>>>CLICK HERE for more information
About the Lawsuit
Futu and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was not in compliance with the requirements of the China Securities Regulatory Commission, including because it continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, the Company was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (iii) as a result of the foregoing, the Company's financial results were overstated; and (iv) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The case is Tang v. Futu Holdings Limited, et al, 26-cv-05453.
>>>To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
>>>For More Information about the case, Click HERE
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
New York, New York--(Newsfile Corp. - July 17, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities 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 Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/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 25, 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 has 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, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/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.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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SpaceX (SPCX 5.43%) stock is one of the most popular stocks in the market right now.
*Stock prices used were the afternoon prices of July 14, 2026. The video was published on July 16, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Amazon (AMZN 0.91%) is scheduled to report quarterly financial results in late July.
*Stock prices used were the afternoon prices of July 15, 2026. The video was published on July 17, 2026.
Parkev Tatevosian, CFA has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
, /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Microsoft Corporation ("Microsoft" or the "Company") (NasdaqGS: MSFT).
In recent years, Microsoft's cloud computing platform, known as Azure, has been its main growth driver providing customers with computing, networking, storage, mobile and web application services, artificial intelligence ("AI"), Internet of Things, cognitive services, and machine learning. In 2023, the Company introduced its own proprietary generative AI chatbot, Microsoft Copilot, subsequently highlighting the purported success of Copilot and its foray into AI development, claiming that Copilot offered best-in-class capabilities and enjoyed widespread and growing user adoption.
However, on January 28, 2026, the Company disclosed disappointing results for its fiscal second quarter ended December 31, 2025, including slower than expected growth of Azure. According to the Company, this was due to computational capacity constraints, as the Company had diverted central processing unit ("CPU") and graphics processing unit ("GPU") capacity to Copilot applications and AI-related research and development, while drastically increasing capital expenditures attributed to AI-related R&D, Copilot development, and capacity buildout costs. Further, growth of paid Copilot seats was far below analyst estimates and a fraction of the more than 450 million commercial Microsoft 365 users.
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the class period in violation of federal securities laws, which remains ongoing.
KSF's investigation is focusing on whether Microsoft's officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Microsoft shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-msft/ to learn more.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
Microsoft (MSFT 1.67%) shares are trading at their cheapest valuation in years.
*Stock prices used were the afternoon prices of July 15, 2026. The video was published on July 17, 2026.
Parkev Tatevosian, CFA has positions in Microsoft. The Motley Fool has positions in and recommends Microsoft. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
After a long delay, Nvidia (NVDA 1.97%) is finally selling chips to customers in China.
*Stock prices used were the afternoon prices of July 15, 2026. The video was published on July 17, 2026.
Parkev Tatevosian, CFA has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Investors are weighing whether Chewy (CHWY 3.02%) or Walmart (WMT 0.62%) offers the best balance of growth and stability as the digital and physical shopping worlds continue to converge in 2026.
Chewy dominates the online pet market with its high-touch customer service model and subscription-based revenue. Walmart uses its unparalleled physical footprint and growing e-commerce capabilities to serve millions of shoppers globally. As both companies expand their digital ecosystems, understanding their different scales and profitability profiles is essential for deciding which stock fits your strategy.
The case for ChewyChewy operates as a leader among retail stocks focused on pet parents across the U.S. and Canada. The company serves approximately 21.3 million active customers and maintains an extensive network of partners, including roughly 20,000 veterinary practices. Following its acquisition of Modern Animal in April 2026, the company has added physical veterinary clinics to its digital platform.
In the fiscal year ended Feb. 1, 2026, revenue reached nearly $12.6 billion, representing growth of approximately 6.2% year over year. The company reported net income of close to $222.8 million for the period. While earnings declined compared with the prior fiscal year, a net margin of roughly 1.8% indicates the company remains profitable while investing in expansion.
As of its February 2026 balance sheet, the debt-to-equity ratio is approximately 1.1x, which compares total debt to shareholder equity, while the current ratio is about 0.9x. In the fiscal year ended Feb. 1, 2026, the company generated nearly $562.4 million in free cash flow. Note that stock-based compensation represented roughly 43.1% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
The case for WalmartWalmart operates a massive omnichannel retail model across 19 countries, serving nearly 280 million customers weekly. The company uses proprietary customer data to bolster its advertising revenue streams following its acquisition of Vizio. This physical and digital reach allows it to maintain a dominant position in the global consumer landscape.
In the fiscal year ended Jan. 31, 2026, revenue reached roughly $713.2 billion, a 4.7% increase compared with the prior fiscal year. Net income for the period was close to $21.9 billion. This performance resulted in a net margin of approximately 3.1%, highlighting its ability to generate significant profit at a massive scale.
According to its January 2026 balance sheet, the debt-to-equity ratio is about 0.7x, meaning total debt is lower than shareholder equity. The current ratio, which measures the ability to meet short-term obligations, is approximately 0.8x. In the fiscal year ended Jan. 31, 2026, the company generated roughly $14.9 billion in free cash flow, providing significant capital for dividends and growth.
Risk profile comparisonChewy faces intense pressure from both online and physical competitors, including direct-to-consumer suppliers and giants like Amazon. The company relies heavily on third-party cloud infrastructure, making cybersecurity and data privacy critical vulnerabilities. Additionally, BCP Partners maintains significant voting control, and failure to comply with complex pet health and pharmacy regulations could lead to fines.
Walmart must execute high-stakes capital investments in AI and supply chain automation to stay ahead of Amazon and Target. The company deals with persistent legal risks, including class actions and regulatory scrutiny related to its massive scale. Furthermore, results are sensitive to global inflation and shifts in consumer spending that can hurt inventory turnover and increase costs.
Valuation comparisonWalmart carries a higher Forward P/E, comparing its price to future earnings estimates, while Chewy offers a lower P/S ratio measuring price against sales.
MetricChewyWalmartSector BenchmarkForward P/E26.6x39.6x91.6xP/S ratio0.7x1.3xn/aSector benchmark uses the SPDR XLY sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Both of these companies benefit from consumers' spending on everyday necessities, but they take very different approaches. Chewy focuses on pet care, while Walmart is a diversified retail giant. Which stock looks like the better buy today?
Walmart’s network of stores is enormous, and it sells everything from home goods to tools and groceries. It offers oil changes. It’s even become an e-commerce platform for third-party sellers. Its scale and consumer convenience position it to deliver steady earnings growth. Investors will also appreciate its long track record of consecutive annual dividend increases.
Chewy’s business model revolves around consumers’ devotion to their pets. Its autoship program generates the majority of its revenue through recurring sales of necessary items such as food, cat litter, flea treatments, and more. It has also branched out into veterinary medications and, over the past couple of years, has opened physical veterinary care locations. Although the company has a loyal following, discretionary pet spending has softened, and it’s far from being the only company to offer autoship for pet products.
Both companies have compelling qualities for investors. Of the two, I would choose Walmart for its diversified offerings and consistent dividend history.
You can't expect much growth from Altria (MO +1.62%), but it still might be an attractive stock to buy.
*Stock prices used were the afternoon prices of July 14, 2026. The video was published on July 16, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
*Stock prices used were the afternoon prices of July 14, 2026. The video was published on July 16, 2026.
Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short September 2026 $47.50 calls on PayPal. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
TL;DRPlasma is a stablecoin-native Layer 1, EVM-compatible and Bitcoin-secured, purpose-built for dollar transfers at scale; getting USDC and USDT onto it is the first step.
Across routes USDT to Plasma through the OFT path (USDT0), a mint-and-burn mechanism that delivers native USDT, not a wrapped placeholder.
Native USDC moves through Circle's CCTP, also native on arrival; the protocol picks the mechanism, you don't.
Most fills settle in about two seconds because a relayer advances the funds on Plasma before settlement.
Across has run since 2021 across 20+ chains and its settlement layer has never been compromised. Bridging in costs a fee; Plasma's zero-fee USDT transfers apply to sending USDT once it is already on the chain.
Bridge to Plasma
Plasma is a blockchain that picked a side. Most Layer 1s court every category of activity at once, gaming, NFTs, perps, lending. Plasma was built for one thing: moving dollars. It is a stablecoin-native Layer 1, EVM-compatible and secured by Bitcoin, with a mainnet beta live since September 2025, and its signature feature is a protocol-level paymaster that lets you send USDT without holding the chain's native token. The chain assumes the asset you care about is a dollar. So the first practical step is plain: before you can use any of it, you have to bridge USDC and USDT to Plasma. The cleanest way to do that is through Across.
Across delivers native USDT to Plasma, not a wrapped substitutePlenty of bridges will hand you a wrapped token that represents USDT somewhere else, an IOU you then have to unwind. Across does something different for USDT. It routes through the OFT path, the Omnichain Fungible Token standard behind USDT0, which burns USDT on the origin chain and mints it on Plasma. What lands in your wallet is native USDT on Plasma, the same asset Plasma's paymaster and its applications expect, with no wrapper to unwrap later.
This matters because of what Plasma is for. A chain optimized for dollar payments is only as useful as the dollars actually on it. A wrapped derivative sitting one redemption away from the real thing is a worse starting position than the canonical token, and the OFT route closes that gap on arrival.
USDC takes its own native path. Across moves it through Circle's Cross-Chain Transfer Protocol, so it arrives as real USDC rather than a bridged stand-in. Both stablecoins, each on its own native rail, requested the same way.
You pick the destination; the API picks the railAcross runs three settlement mechanisms under a single Swap API: its core intents system, which handles most transfers; CCTP for native USDC; and OFT for native USDT0. You don't choose among them. You state the outcome you want, USDC or USDT on Plasma, and the protocol routes through whichever rail delivers the native asset fastest. That is what an intents protocol does. You declare the result; a competitive network of relayers races to fill it.
Speed comes from how the fill works. A relayer fronts the funds on Plasma the moment your deposit is confirmed, so most transfers finish in about two seconds instead of waiting on a slow canonical bridge. The settlement between relayer and protocol happens afterward, out of your way.
How to bridge USDC and USDT to PlasmaThe flow is the same whichever stablecoin you are moving.
Open the Plasma bridge route on across.to. The destination is preset to Plasma.
Select your origin chain, the network where your USDC or USDT currently sits, from Ethereum, Arbitrum, Base, or any other supported origin.
Choose USDC or USDT as the token and enter the amount. The interface shows the quote, the fee, and the amount that will arrive.
Connect your wallet and confirm the deposit. Across routes USDC through CCTP and USDT through the OFT path automatically.
Watch for the funds on Plasma. Native USDC or native USDT typically lands in about two seconds.
For developers wiring this into an app, the same routing is available programmatically through the Across Swap API, which returns ready-to-sign calldata and selects the settlement rail without you hard-coding it.
What is free on Plasma and what bridging actually costsPlasma's headline is zero-fee USDT transfers, and it is real, but it is worth being precise about scope. The paymaster sponsors gas for simple USDT transfers that happen on Plasma, so once your USDT is on the chain you can send it to another Plasma address without holding the native token for gas. Bridging USDT and USDC to Plasma in the first place is a separate action, and it carries a bridge fee like any crosschain transfer. The free part begins after your dollars arrive, not on the way in.
On security: Across has operated since 2021, settles across 20+ chains, and has never suffered a protocol-level exploit. Transfers are backed by relayer capital and verified through UMA's optimistic oracle.
Plasma was built to hold dollars. Bridging is the part where you get your USDC and USDT through the door as the real asset, and the OFT and CCTP routes do exactly that.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Ansem launches SOL airdrop marketing campaign, giving away 1 SOL every 5 minutes.
Crypto KOL Ansem posted on X that he will airdrop 1 SOL to users every 5 minutes before going to bed, with participants only needing to leave their Solana wallet address in the comments to join the event. As of press time, Ansem’s eponymous meme coin ANSEM has a market cap of $176 million, down 5.5% over the past 24 hours.
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Yesterday, U.S. spot Bitcoin ETFs recorded a net inflow of $132.3 million, marking four consecutive trading days of inflows.
According to Farside’s monitoring, U.S. spot Bitcoin ETFs saw a net inflow of $132.3 million yesterday, marking their fourth consecutive trading day of net inflows. Specifically, IBIT recorded a net inflow of $136.5 million, while FBTC posted a net outflow of $4.2 million.
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Polymarket’s probability of the CLARITY Act passing this year has fallen to 32%, hitting an all-time low.
As the U.S. Senate remains deadlocked over the CLARITY Act, prediction market Polymarket has slashed the probability of the bill being passed by the end of 2026 to 32%, the lowest level since the platform launched in January this year. Data shows this probability has dropped by roughly 30 percentage points from the market’s launch, and plummeted sharply from the 82% peak hit in February this year. Market participants believe that with the Senate’s legislative schedule tightening and bipartisan support still unachieved, the likelihood of the bill passing this year continues to decline. Reports indicate that the biggest sticking point right now is that the two parties have yet to reach an agreement on ethics provisions related to conflicts of interest for government officials involving digital assets. Democratic Senator Ruben Gallego previously stated clearly that he would not support the bill in Senate votes if it does not include the bipartisan-backed ethics provisions. The CLARITY Act aims to establish a regulatory framework for the U.S. digital asset market and clarify the jurisdictional boundaries between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Multiple industry stakeholders testified at a House of Representatives hearing that the bill would help end "regulation by enforcement" and provide long-term, stable regulatory rules for the digital asset sector. As the U.S. Congress heads into its August recess, market expectations for the bill to be enacted into law this year are continuing to cool.
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An address linked to the Ondo team transferred 26.05 million ONDO tokens to Coinbase, worth approximately $9.79 million.
According to monitoring by crypto analytics account Ai Yi, an address linked to the Ondo team transferred 26.05 million ONDO tokens to Coinbase, worth approximately $9.79 million. The address received 150 million ONDO from the Ondo team’s multi-sig address on June 23, held the tokens for nearly a month, and transferred a portion to Coinbase 11 hours ago. The operation follows a similar pattern to prior moves: team address transfer → address holding → transfer to exchange platform, though the specific purpose of this action remains unclear.
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Claude Fable 5 will not be discontinued, and has officially remained in the premium subscription tier.
Anthropic announced that Claude Fable 5 will be officially included in its Max and Team Premium plans starting July 20. Users can allocate up to 50% of their plan credits to Fable 5, with no temporary deadline imposed. Pro and Team Standard users will still need to access Fable 5 on a pay-as-you-go basis, and Anthropic will grant these users a one-time $100 credit. When Fable 5 launched, Anthropic only committed to offering free access to the model until June 22. The model was later suspended due to U.S. export controls; after resuming on July 1, the plan access window was extended from July 7 to July 12, then to July 19. Anthropic has consistently stated that demand is unpredictable, requiring gradual increases in computing power. This timing is hard not to link to Kimi K3, which has recently matched or surpassed Fable 5 in multiple programming and agent benchmarks, with some tasks even outperforming it. Competitive pressure may have accelerated Anthropic’s decision, though no direct evidence exists to confirm this.
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Alibaba releases Miaowu Team Edition, an enterprise-level AI application creation platform.
At the 2026 World Artificial Intelligence Conference (WAIC), Alibaba unveiled Meoo Team, the enterprise team edition of its Miaowu enterprise-grade AI application creation platform. Its core capabilities include unified identity management, unified procurement and quota control, fine-grained permission management, and team asset sharing, among others. Meoo Team is designed to address key challenges enterprises face in AI creation, such as resource coordination, permission allocation, and asset ownership, while enhancing collaboration efficiency for teams across e-commerce, content creation, product operations, marketing, finance, education, and other fields.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
As households recalibrate spending in 2026, many wonder if the marketplace for unique goods or the digital furniture giant is a better bet. Let's compare Etsy (ETSY +0.74%) and Wayfair (W 2.37%).
Etsy specializes in handmade and vintage items, providing a platform for independent creators. Wayfair dominates the online home furnishing market by managing its own logistics and growing a physical store presence. Both companies are adapting to a shifting e-commerce landscape while balancing profitability and growth.
The case for EtsyEtsy operates a global marketplace connecting roughly 5.6 million sellers with more than 86.5 million active buyers. The platform focuses on unique, creative goods and relies on a distributed base of individual merchants rather than a single major customer. Currently, the company is finalizing the sale of its Depop marketplace to eBay to sharpen its core business focus.
In FY 2025, revenue reached nearly $2.9 billion, up approximately 2.7% from the previous year. The company reported net income of roughly $163.0 million for the period. The net margin, which measures how much profit a company keeps from its total sales, was about 5.7%.
As of its December 2025 balance sheet, the current ratio is roughly 1.4x, while the debt-to-equity ratio is approximately -2.8x, indicating that total liabilities exceed shareholder equity. Free cash flow, or the cash left after capital spending, was nearly $638.8 million in FY 2025. Note that stock-based compensation represented roughly 35.3% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
The case for WayfairWayfair serves a wide audience ranging from budget shoppers to luxury buyers and businesses through brands like AllModern and Birch Lane. The company manages a complex network of nearly 20,000 suppliers and has recently expanded into physical stores, ending 2025 with 12 locations. Its business model relies on a proprietary logistics network to deliver large-scale furniture items efficiently among retail stocks.
During FY 2025, the company generated revenue of approximately $12.5 billion, marking an increase of roughly 5.1% year over year. Despite this growth, the business reported a net loss of nearly $313.0 million. The net margin, representing the percentage of revenue remaining after all expenses, was approximately -2.5%.
On its December 2025 balance sheet, the current ratio sits at approximately 0.9x, and the debt-to-equity ratio is roughly -1.5x, meaning total liabilities are higher than shareholder equity. Free cash flow for FY 2025 was approximately $464.0 million. Note that stock-based compensation represented roughly 62.7% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
Risk profile comparisonEtsy faces ongoing litigation regarding seller fees and the authenticity of handmade items, which could harm its reputation. The divestiture of Depop also presents execution risks if the transition distracts management or fails to close despite regulatory clearance. Intense competition from platforms like Amazon (AMZN 0.91%) and social commerce sites continues to pressure consumer spending. Operations also depend heavily on the reliability of Alphabet (GOOGL 2.05%) (GOOG 2.17%) for cloud infrastructure and the successful integration of artificial intelligence tools.
Wayfair is highly sensitive to the broader economy and changes in interest rates that affect home buying and renovation. It also relies heavily on FedEx (FDX 1.64%) for small parcel delivery, making it vulnerable to any shipping disruptions or price hikes. Furthermore, the push into physical retail requires significant capital that may not produce the expected returns.
Valuation comparisonEtsy appears cheaper on an earnings basis with a lower forward P/E, which measures price against future earnings estimates, while Wayfair carries a lower P/S ratio.
MetricEtsyWayfairSector BenchmarkForward P/E23.3x32.2x93.3xP/S ratio2.7x0.9xSector benchmark uses the SPDR XLY sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Etsy and Wayfair both operate in e-commerce and depend heavily on discretionary consumer spending. While they serve different niches, they can still compete for a place in an investor's portfolio. So, which stock is the better buy today?
Etsy is best known for selling unique, handcrafted goods, but it also serves as a resale platform for vintage and antique merchandise. As it does not hold its own inventory, it’s asset-light with strong operating margins. It has a history of beating earnings expectations and is using artificial intelligence to enhance the shopping experience and increase average order value. Its main challenge currently is a pullback in discretionary spending.
Wayfair has been gaining market share while aggressively cutting costs. It has reported solid revenue and frequently outperforms both analyst expectations and the broader home furnishings category. However, investors should be aware that it currently has a heavy debt load.
In my opinion, both companies have compelling investment cases. But Wayfair is better suited for aggressive investors who predict improvement in the housing industry, which should lead to more consumer spending on home furnishings. Conservative investors may find Etsy a better choice thanks to its steady cash flow and profitability, along with its asset-light business model, which enhances efficiency.
LOS ANGELES--(BUSINESS WIRE)---- $REGN--REGN Investors Have Opportunity to Lead Regeneron Pharmaceuticals, Inc. Securities Fraud Lawsuit with the Schall Law Firm.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Steve Eisman si do svého podcastu pozval Torstena Sloka, hlavního ekonoma investiční společnosti Apollo. Na úvod řekl, že americkému hospodářství nyní výrazně pomáhá AI investiční boom. Přidává přibližně 1 procentní bod k celkovému asi 2% růstu. A pozitivně působí i akciový trh přes efekt bohatství, který posiluje spotřebu. Probíhá také „průmyslová renesance“, a to ve více sektorech. V neposlední řadě je tu stimulační fiskální politika. Pak se diskuse přesunula k celé řadě dalších témat včetně umělé inteligence a rozpočtových deficitů a dluhů.
Slok odhaduje, že letos americké hospodářství poroste něco nad 2 % a poukázal na to, že jmenované tahouny růstu nejsou citlivé na sazby, což je téma relevantní pro monetární politiku a centrální banku. Pravděpodobnost snižování sazeb je kvůli této celkové situaci podle ekonoma nulová. Ekonomická aktivita je totiž hodně silná, tématem je spíše inflace. Trhy také počítají s tím, že na konci roku půjdou sazby Fedu nahoru, což je velký obrat ve srovnání s předchozími očekáváními. Bydlení, které je naopak velmi citlivé na sazby, by si nemuselo v takovém nastavení vést nejlépe, a to samé by mělo platit o prodejích automobilů, které jsou také citlivější na sazby.
Experti pak poukázali na to, že umělá inteligence se stala odvětvím velmi náročným na kapitál a investice. Eisman posléze uvažoval o tom, že jde zároveň o oblast, kde bude existovat jen malá konkurenční výhoda. Tato kombinace pak není investičně nijak zajímavá. Slok dodal, že dosavadní podnikatelské modely velkých technologických firem jsou mimořádně ziskové a tím doposud financovaly investice do AI. Co ale budoucí konkurenční výhoda? Eisman k tomuto tématu přidal přirovnání s leteckými společnostmi a dodavateli dílů pro letadla. V prvním případě panuje ostrá konkurence, která snižuje ziskovost, druhý případ je „velmi dobrým byznysem“. Slok si myslí, že může nastat situace, kdy někteří hyperscaleři budou mít konkurenční výhodu a někteří ne.
V takovémto scénáři by některé společnosti byly schopné prodávat za vyšší ceny, protože by měly „lepší produkty“. Jiné společnosti by ale byly v horší pozici, protože jejich služby by nebyly na takové úrovni. Eisman si pak zaspekuloval úvahou o tom, že by ve druhé skupině byla OpenAI. Podle něj by pak byly dopady takové situace velmi citelné a šly by daleko za hranice této společnosti. Například Oracle má velký objem zakázek, ale jejich značná část je právě od OpenAI. Slok k tomu dodal, že ve hře jsou i otevřené modely z Číny, které mohou mít výrazně nižší ceny. Výhodou amerických technologických firem ale může být neochota zákazníků poskytovat svá data do Číny.
Eisman se následně ptal na „ekonomiku tvaru K“. Tedy na rozdíl v tom, jak si vedou různé části hospodářství, kdy některé z nich zaostávají, ale jiné prosperují. Ekonom v této souvislosti poukázal na rozdíl mezi domácnostmi s nižšími příjmy a domácnostmi nejbohatšími. Ty druhé těží mimo jiné z rostoucího akciového trhu a vyšších sazeb. Mají tak vysoký tok hotovosti ze svých investic, který je třeba v oblasti dluhopisů nejvyšší za dlouhou řadu let. Zde tedy lze jasně rozeznat tvar „K“. To samé platí o inflaci. Ta je nejvyšší u položek, kterým jsou nejvíce vystaveny chudší domácnosti. Podstatná část jejich příjmů totiž jde na nákup energií a potravin.
Augur has returned with a proposed resolution system and a two-month token migration test as prediction markets draw increased institutional scrutiny.
Summary
Augur has returned with a decentralized layer for resolving disputed prediction-market outcomes. REP holders are testing the system through a two-month Moon Fork migration. Wall Street banks are tightening employee rules as insider-trading concerns grow. According to a press release shared with crypto.news, the Lituus Foundation announced the relaunch alongside the Augur Lituus whitepaper, which outlines a settlement layer for prediction markets facing disputed outcomes. Under the proposed system, markets could resolve contested events without depending on a company, committee, multisignature wallet, or governance council.
Rather than opening another trading platform, the foundation plans to offer the resolution layer as infrastructure that other prediction markets and protocols could use. Its design separates the process of determining an outcome from services such as trading, liquidity management, user interfaces, and customer distribution.
The whitepaper also compares several decentralized oracle systems, focusing on how each one may perform when participants have a financial reason to influence a result. According to the foundation, Augur Lituus uses economic incentives intended to make support for an accurate outcome more rational than backing a false one.
“Prediction markets are only as credible as their resolution process,” Lituus Foundation co-founder Phill said.
“As markets become larger and more influential, the question isn’t whether they can predict the future. It’s whether they can determine what actually happened when billions of dollars depend on the answer.”
Augur is testing settlement through a live token fork Alongside the whitepaper, Augur has started what it calls the Moon Fork, a public test of its dispute and algorithmic fork process. The exercise stems from a prediction market connected to NASA’s Artemis II mission, according to the foundation.
During the test, REP token holders must choose which version of the protocol to support by moving their assets within a two-month migration period. The foundation said tokens remaining in versions that participants abandon would lose their economic relevance.
Unlike an internal simulation, the Moon Fork involves financial incentives and public participation. The foundation said the process would test token migration, user coordination and behavior when competing versions of an event’s outcome exist.
Augur originally introduced its prediction-market model during Ethereum’s early development. Its system allowed users to create markets tied to real-world events, while REP holders participated in settling their outcomes through economic incentives.
The project’s renewed focus comes after prediction markets such as Polymarket and Kalshi attracted more users and attention. Many current platforms still depend on centralized operators or governance procedures to decide contested outcomes, according to the Lituus Foundation.
Institutional controls are increasing around event contracts Prediction markets are also facing closer examination over how traders may use confidential information. As previously reported by crypto.news, Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America have introduced or revised employee policies covering event contracts.
Those restrictions are intended to limit insider-trading and conflict-of-interest risks on platforms including Polymarket and Kalshi, crypto.news reported. Employees may hold information about elections, economic releases, corporate decisions or geopolitical developments before it becomes public.
Goldman Sachs has prohibited staff from trading contracts connected to the bank, elections, financial markets, macroeconomic data and geopolitics. The bank adopted the rules as regulators and companies began paying closer attention to employee activity on prediction platforms.
While those controls concern who may trade and what information they possess, Augur’s proposed system addresses a separate part of the market: how a disputed contract is settled after the underlying event has occurred. The foundation has not provided a launch date for general use of the Lituus resolution layer.
, /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Skyworks Solutions, Inc. (NasdaqGS: SKW) ("Skyworks" or the "Company").
On February 5, 2025, the Company announced its financial results for the first quarter of fiscal year 2025, disclosing lower-than anticipated revenue guidance for the second quarter of fiscal year 2025, which it attributed to a "competitive landscape" that had "intensified" in recent years," despite previously providing investors with positive statements regarding its client base and business relationships during the relevant period.
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the class period in violation of federal securities laws, which remains ongoing.
KSF's investigation is focusing on whether Skyworks' officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Skyworks shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-skw/ to learn more.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
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New Orleans, LA 70163
New York, New York--(Newsfile Corp. - July 17, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Roblox Corporation (NYSE: RBLX) between October 30, 2025 and April 30, 2026, inclusive (the "Class Period"), of the important August 7, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Roblox 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 Roblox class action, go to https://rosenlegal.com/cases/roblox-corporation-2026/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 7, 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 has 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 complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Roblox's organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates as enrollment in the age verification rollout would quickly taper, compounding the resulting slowdown in on-platform communication, resulting in app store rating reductions and a swift reduction in organic growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Roblox class action, go to https://rosenlegal.com/cases/roblox-corporation-2026/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.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305685
Source: The Rosen Law Firm PA
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Cronos (CRO) is trading around $0.06 as of July 2026, roughly 93% below its all-time high of $0.89, set in November 2021. This cro price prediction — and the related cronos price prediction analysts publish under both names for the same token — looks at what it would actually take for CRO to reach $1, and whether that’s a realistic target or mostly wishful thinking based on current fundamentals, market cap math, and where forecasts land for 2026 through 2040.
Key Takeaways CRO trades near $0.06 with a market cap of roughly $2.7–2.8 billion and a circulating supply of about 46 billion tokens Reaching $1 would require CRO’s market cap to grow to roughly $46 billion at current circulating supply — a jump that would place it among the 10–15 largest cryptocurrencies by market cap CRO’s all-time high is $0.89 (November 24, 2021); the current price is roughly 93% below that peak Most analyst price predictions for 2026 cluster in the $0.06–$0.09 range, with longer-term 2030 forecasts ranging more widely from roughly $0.15 to over $1 Cronos functions as the utility token for the Cronos Chain, an EVM-compatible Layer-1 blockchain tied to Crypto.com’s ecosystem CRO stock is a common but inaccurate search term — Cronos is a cryptocurrency, not a publicly traded equity, so there’s no CRO ticker on any stock exchange Current CRO Price Snapshot MetricValueCurrent Price~$0.06Market Cap~$2.7–2.8 billionCirculating Supply~46 billion CROMax Supply100 billion CROAll-Time High$0.89 (Nov 24, 2021)All-Time Low~$0.012Distance from ATH~-93%Market Cap Rank~#33–36 For live cro usd and cro to usd pricing rather than a static snapshot, check a real-time source like CoinMarketCap, CoinGecko, or the exchange you trade on directly — prices move throughout the day and any figure quoted in an article is already slightly out of date by the time you read it. For broader market context, see Crypto Market Today.
What Is Cronos (CRO)? Cronos is the native utility token of the Cronos Chain, an EVM-compatible Layer-1 blockchain built on the Cosmos SDK and closely tied to the Crypto.com ecosystem. It’s used to pay transaction fees on the network, power DeFi applications and perpetuals trading, and support Crypto.com Pay integrations across the company’s broader product suite. Unlike purely speculative tokens, CRO has real utility tied to an active exchange and payments business, which is part of why long-term CRO price predictions tend to reference Crypto.com’s overall growth rather than CRO in isolation. It’s worth noting there’s no such thing as “CRO stock” in the traditional sense — Cronos is a cryptocurrency traded on crypto exchanges, not a company share traded on Nasdaq or NYSE, even though the search term persists because newcomers sometimes assume any ticker symbol represents a stock. The same confusion shows up as crypto.com stock searches: Crypto.com, the company behind the Cronos ecosystem, is privately held and has no publicly traded shares as of 2026, so there’s no crypto.com stock to buy — CRO is the closest tradeable asset tied to the company. A crypto.com price prediction, when you find one, is typically just another name for a CRO price prediction, since CRO is Crypto.com’s token.
Where to Track CRO For token fundamentals, supply data, and market ranking, cro coinmarketcap and CoinGecko are the two most commonly referenced aggregators. Both track live price, market cap, trading volume, and historical charts, and are useful for verifying any price prediction against real-time data rather than a snapshot that may already be stale.
Will Cronos Reach $1? Here’s the math that matters: with roughly 46 billion CRO in circulating supply, a $1 price would put CRO’s market cap at approximately $46 billion. For context, that would place Cronos among the 10–15 largest cryptocurrencies by market cap as of mid-2026 — well above where it currently sits (around rank #33–36). That’s not impossible, but it would require Cronos to roughly 16x from current levels, which is a dramatically larger move than most analyst models currently project for any timeframe through 2030.
The Bull Case for $1 CRO has real utility tied to Crypto.com’s exchange, payments, and DeFi ecosystem, which gives it a stronger fundamental case than purely speculative tokens. If Crypto.com continues expanding its licensed footprint (it secured a UAE license in 2026 enabling crypto-based government fee payments in Dubai, for example) and overall crypto market conditions turn sharply bullish, CRO could meaningfully outperform its recent range. A broad altcoin rally — the kind that lifted CRO to its 2021 all-time high alongside the rest of the market — remains the single most plausible path to a fast re-rating, though it would still likely need to be paired with genuine Cronos-specific adoption growth to sustain $1 rather than spike and fade.
The Bear Case Against $1 CRO’s all-time high of $0.89 was set during the 2021 market-wide euphoria, when nearly every altcoin posted outsized gains — it wasn’t necessarily a reflection of Cronos-specific fundamentals at the time, which makes it a weak benchmark for what’s achievable going forward. Since then, CRO has spent years trading well below that level even during subsequent market rallies, suggesting the token faces real headwinds re-attracting that level of speculative capital. A 16x move to reach $1 would also require sustained new demand at a scale most analyst models don’t currently project within the next several years. Token supply is another headwind: with 100 billion max supply and roughly 46 billion already circulating, continued token unlocks add steady sell-side pressure that a purely fixed-supply asset wouldn’t face.
Is Cronos a Good Investment? Whether Cronos is a good investment depends heavily on your time horizon and risk tolerance. Its tie to a real, licensed business (Crypto.com) gives it more fundamental grounding than many altcoins, and continued expansion of Crypto.com’s regulated footprint is a genuine tailwind. On the other hand, CRO has underperformed the broader crypto market since its 2021 peak, and its utility-token model means its price is closely linked to Crypto.com’s own business decisions and token economics rather than purely open, decentralized demand. As with any single-asset crypto position, most analysts suggest treating it as a smaller, higher-risk allocation rather than a core holding.
CRO Price Prediction by Year The table below reflects a range drawn from multiple public analyst and algorithmic forecasting models as of mid-2026 — treat these as illustrative scenarios, not guarantees.
YearLow EstimateHigh Estimate2026$0.06$0.092027$0.07$0.152028$0.08$0.252029$0.10$0.402030$0.15$0.602040$0.30$1.50+ Longer-dated forecasts (2030 and especially 2040) carry substantially more uncertainty than near-term ones — a decade or more is enough time for entirely new market cycles, competing Layer-1s, or shifts in Crypto.com’s own business to reshape CRO’s trajectory in ways no current model can meaningfully predict. Treat the 2040 range as a directional illustration, not a forecast with any real precision.
CRO Price Prediction 2025 in Hindsight Looking back, cro coin price prediction 2025 and cronos price prediction 2025 models published a year ago generally projected a range close to where CRO actually landed — a useful reminder that near-term (1-year) forecasts tend to be more reliable than multi-year projections, even when they’re still wrong on the exact number. Applying that same lesson forward, treat any single-point 2026 price prediction with appropriate skepticism and focus on the range instead.
Cronos Price Prediction 2030 By 2030, most cronos price prediction 2030 models — also published as cro price prediction 2030 or cro coin price prediction 2030 depending on the source — converge on a range roughly between $0.15 and $0.60, contingent on continued Cronos Chain adoption and broader crypto market cycles playing out favorably. Reaching the higher end of that range would still leave CRO well short of $1, underscoring how large a move $1 actually represents from current levels. Some more bullish cronos coin price prediction models push toward $1 by the early 2030s, but these tend to assume both a full market-wide bull cycle and accelerated Cronos-specific adoption happening simultaneously — a less likely combination than either factor moving on its own.
CRO Price Prediction 2040 Zooming out to cro price prediction 2040, forecasts range widely from around $0.30 to over $1.50, reflecting just how much uncertainty compounds over a 15-year window. A cronos crypto price prediction at this distance is closer to a scenario exercise than a genuine forecast — useful for understanding the range of outcomes, not for planning around a specific number.
How to Buy CRO CRO is listed on Crypto.com (its native exchange), as well as major platforms including Binance, Kraken, and Coinbase. The process mirrors buying any other listed cryptocurrency: create an account, complete identity verification, fund it via bank transfer or card, and place a buy order for CRO — usually priced against USD or USDT. You can find live cro to usd pricing on any of these platforms before placing an order.
Nothing on this page constitutes financial advice. Price predictions, including those referenced above, are speculative by nature and should not be treated as guarantees. Always conduct independent research before making investment decisions.
Frequently Asked Questions Will CRO reach $1? Reaching $1 would require CRO's market cap to grow to roughly $46 billion at current circulating supply — about 16 times its current level. It's not impossible, but it would require substantially stronger demand than most current forecasts project through 2030.
Will Cronos reach $1? Same token, same math: CRO and Cronos refer to the same asset, so the answer is identical — a 16x move from current levels, which is a large but not impossible ask depending on future market cycles and Crypto.com's growth.
Can CRO reach $1000? No realistic near-to-medium-term scenario supports this. At CRO's current circulating supply of roughly 46 billion tokens, a $1,000 price would imply a market cap in the tens of trillions of dollars — far exceeding the entire current cryptocurrency market combined.
Can Cronos reach $1? Yes, it's mathematically possible, but it would require CRO's market cap to grow roughly 16x to around $46 billion, which most current analyst models don't project happening within the next several years.
Will CRO coin reach $100? No. A $100 CRO price would imply a market cap in the trillions of dollars at current supply — larger than the entire global cryptocurrency market today. This isn't a realistic scenario under any current model.
What is Cronos crypto used for? Cronos is the utility token of the Cronos Chain, an EVM-compatible Layer-1 blockchain used to pay network transaction fees, power DeFi and perpetuals trading, and support Crypto.com Pay integrations.
Is Cronos a good investment in 2026? It depends on your risk tolerance. CRO has real utility tied to Crypto.com's licensed business, which gives it stronger fundamentals than purely speculative tokens, but it has significantly underperformed the broader market since its 2021 peak.
What was Cronos's all-time high? CRO's all-time high is $0.89, reached on November 24, 2021, during the broader 2021 crypto market rally. The current price sits roughly 93% below that level.
Is there a CRO stock? No. Cronos is a cryptocurrency, not a company share — there's no CRO stock listed on any traditional stock exchange. You can only buy and hold CRO through cryptocurrency exchanges.
What does a "cronos stock price today" search actually mean? Despite the phrasing, there's no stock — this search almost always means the current CRO cryptocurrency price, which is available live on exchanges like Crypto.com, Binance, Kraken, or Coinbase.
Where can I check the live CRO to USD price? Live cro to usd pricing is available on major exchanges including Crypto.com, Binance, Kraken, and Coinbase, as well as aggregators like cro coinmarketcap and CoinGecko.
Where can I find the latest cronos news? For up-to-date cronos news and cro token news beyond this price prediction, check Crypto.com's official announcements and major crypto news aggregators, since Cronos-specific developments (like exchange licensing news) can move the price independently of broader market trends.
Defunct crypto exchange FTX is set to make another round of repayments to creditors at the end of this month. This comes as the crypto market rebounds amid the latest escalation in the U.S.-Iran war.
FTX To Make Fifth Repayment To Creditors On July 31 In a press release, the defunct exchange announced that it will commence distributions on July 31 in line with its Chapter 11 Plan of Reorganization to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes that have completed the pre-distribution requirements by the Record Date of June 16.
This marks the fifth distribution from FTX, with the exchange paying almost $900 million to creditors. Eligible creditors will be able to receive their funds from their selected distribution service provider, which includes Kraken, Payoneer or the top custody provider BitGo.
The exchange stated that it will announce subsequent record and payment dates in due course. The defunct exchange also plans to make a second payment to eligible Preferred Equity Holders on July 31.
This latest planned FTX repayment comes as the U.S. Senate rejected a clemency for the exchange’s founder, Sam Bankman-Fried (SBF). SBF continues to push for a presidential pardon, although President Trump has signaled that he has no plans to pardon the crypto founder.
Details On The Payment To Preferred Shareholders The second Preferred Payment will be made from the Preferred Shareholder Remission Fund Trust (PSRFT) to Preferred Equity Holders eligible as of June 16. The eligible shareholders will receive $18 million under this second repayment, bringing total payments from the PSRFT to $95 million.
FTX will make these payments through Kraken and BitGo for individual and institutional shareholders, respectively. The exchange noted that outreach to Preferred Equity Holders began in January this year.
The FTX bankruptcy case remains in court with an Omnibus Hearing scheduled for July 23. Meanwhile, the court will hold another Omnibus Hearing on August 16.
For more information on crypto exchanges in the U.S., please check out our page on Best Regulated Crypto Exchanges in the USA
FTX has scheduled its fifth creditor distribution for July 31, preparing to return nearly $900 million as founder Sam Bankman-Fried’s efforts to secure clemency face political resistance.
Summary
FTX will begin its fifth creditor distribution, worth nearly $900 million, on July 31. Preferred shareholders will receive another $18 million, lifting total trust payments to $95 million. SBF’s pardon campaign faces resistance as criminal cases linked to FTX continue. According to an FTX press release, the bankrupt exchange will distribute funds to creditors with approved claims in the Convenience and Non-Convenience Classes under its Chapter 11 reorganization plan. Claimants must have completed all pre-distribution requirements by the June 16 record date to qualify.
Eligible creditors will receive their payments through one of FTX’s approved distribution providers. The company has named Kraken, Payoneer, and crypto custodian BitGo among the services handling the transfers.
FTX described the July payment as its fifth distribution since the repayment process began. The company said the round will return almost $900 million to creditors, though it did not provide a breakdown of how much each claim class will receive.
Future record and payment dates will be announced later, according to the exchange. The bankruptcy proceedings also remain active, with the court scheduled to hold omnibus hearings on July 23 and Aug. 16.
Preferred shareholders will receive another $18 million Alongside the creditor distribution, FTX will issue a second payment to eligible Preferred Equity Holders on July 31. The company said eligibility for this group was also determined using the June 16 record date.
Funds will come from the Preferred Shareholder Remission Fund Trust, which was established to compensate qualifying shareholders. FTX said the upcoming payment will distribute $18 million and raise total payments from the trust to $95 million.
Individual shareholders will receive their funds through Kraken, while BitGo will process payments for institutional recipients, according to the exchange. FTX added that it began contacting eligible Preferred Equity Holders in January to help them complete the required steps.
The dual distribution continues the financial unwind of FTX, which filed for bankruptcy in 2022 after a liquidity crisis exposed a multibillion-dollar shortfall. Under the court-approved plan, distributions depend on claim approval, record-date eligibility and completion of verification requirements.
SBF’s clemency campaign faces political resistance While creditors await the latest payment, Bankman-Fried has continued seeking a presidential pardon for his criminal conviction. The former FTX chief is serving a 25-year prison sentence after a federal jury found him guilty of fraud and conspiracy charges connected to the exchange’s collapse.
Notably, the U.S. Senate recently rejected a clemency effort involving Bankman-Fried. President Donald Trump has also indicated that he does not plan to pardon the former executive, weakening the prospects of an early release through presidential action.
Criminal cases tied to FTX have continued even as the bankruptcy estate returns money to creditors. Last month, crypto.news reported that a federal judge rejected Michelle Bond’s attempt to dismiss four campaign finance-related charges and scheduled her trial for Nov. 9.
In an order filed in the U.S. District Court for the Southern District of New York, Judge George Daniels rejected Bond’s argument that prosecutors had promised not to charge her if her husband, former FTX executive Ryan Salame, pleaded guilty. Bond’s prosecution was one of the final criminal cases linked to FTX after several former executives faced charges following the exchange’s failure.
FTX will distribute approximately $900 million to eligible creditors on July 31, marking the bankrupt crypto exchange’s fifth distribution under its Chapter 11 reorganization plan.
The latest payout will take announced distributions across FTX’s second through fifth repayment rounds to at least $9.7 billion. The figure excludes the initial February 2025 distribution to Convenience Class creditors, for which FTX did not specify an aggregate amount.
FTX creditors to receive another $900 million FTX and the FTX Recovery Trust announced on July 17 that the fifth distribution will cover eligible holders of allowed claims across Convenience and Non-Convenience Classes.
To qualify, creditors must have completed the required pre-distribution steps by the June 16 record date. Eligible creditors should receive their funds through their selected provider.
Under the latest distribution, allowed Class 5A Dotcom Customer Entitlement Claims will receive an additional 9%, taking cumulative distributions to 105%.
U.S. Customer Entitlement Claims will receive an additional 5%, bringing the cumulative total to 105%. General Unsecured Claims and Digital Asset Loan Claims will each receive 3%, bringing their cumulative distributions to 103%.
Convenience Claims, meanwhile, will have received cumulative distributions of 120%.
Announced FTX distributions cross $9.7 billion The latest announcement extends a creditor repayment process that began in February 2025.
FTX’s second distribution, completed in May 2025, involved more than $5 billion, followed by approximately $1.6 billion in September. The Recovery Trust subsequently announced another approximately $2.2 billion for its fourth distribution in March 2026.
Including the $900 million scheduled for July, FTX has therefore announced at least $9.7 billion across its second through fifth distributions.
The total amount distributed or scheduled since repayments began is higher, as that calculation excludes FTX’s first distribution to Convenience Class creditors in February 2025.
FTX has not yet announced the record or payment dates for its next distribution.
Preferred shareholders also set for second payment The July 31 distribution will coincide with another payment to eligible FTX preferred equity holders.
The Preferred Shareholder Remission Fund Trust will distribute $18 million to eligible holders who met the requirements by the June 16 record date.
The latest payment will bring total distributions from the fund to $95 million.
FTX said additional details showing the amounts distributed by individual creditor classes will be filed with the bankruptcy court shortly after the July 31 payment.
Final Summary FTX will distribute approximately $900 million to eligible creditors on July 31, bringing announced payouts across its second through fifth distribution rounds to over $9.7 billion. Following the fifth distribution, Dotcom and U.S. customer claims will have reached 105% cumulative distributions, while Convenience Claims will stand at 120%.
17 July 2026 | 23:05 FTX will begin its fifth round of creditor distributions on July 31, 2026, releasing approximately $900 million through the collapsed exchange’s bankruptcy recovery process.
Key Takeaways FTX will begin distributing approximately $900 million to eligible creditors on July 31, 2026. Dotcom and U.S. customer claims will reach cumulative distributions of 105% of their allowed claim values. Payments will arrive through BitGo, Kraken, or Payoneer, generally within one to three business days. The percentages apply to bankruptcy claim values, not the present market value of cryptocurrency previously held on FTX. According to the official announcement from FTX and the FTX Recovery Trust, the distribution covers eligible creditors in both the Convenience and Non-Convenience Classes. Recipients must have held an allowed claim and completed all required steps by the June 16 record date.
Eligible creditors should receive the money through BitGo, Kraken, or Payoneer within one to three business days after distributions begin. With five rounds now announced since repayments started in February 2025, the estate’s disclosed creditor distributions have moved beyond $10 billion.
Customer Claims Move Above 100% of Allowed Value The fifth distribution adds different percentages depending on the type of claim:
Class 5A: Dotcom Customer Claims
Additional 9% distribution
105% Total
Class 5B: U.S. Customer Claims
Additional 5% distribution
105% Total
Classes 6A & 6B: Unsecured/Loan Claims
Additional 3% distribution
103% Total
Class 7: Convenience Claims
Final settlement target
120% Total
FTX did not announce a new incremental percentage for Class 7 creditors who have already received their full treatment under the plan. The cumulative figure may also cover convenience claims that became allowed after earlier record dates and are only now eligible for payment.
The estate cautioned that actual percentages could differ slightly because of rounding. A more detailed breakdown by claim class is expected to be filed with the bankruptcy court after the July 31 distribution.
Why a 105% Payout Is Not a 105% Crypto Recovery The percentages above 100% require an important qualification. They apply to the value of each creditor’s allowed bankruptcy claim, with additional amounts reflecting post-petition interest and other treatment established under the restructuring plan.
They do not mean creditors are receiving 105% or 120% of the current value of the Bitcoin, Ethereum, or other digital assets they previously held on FTX.
FTX’s official claims documentation states that customer balances are reflected as of November 11, 2022. Their U.S. dollar values were calculated using the Digital Asset Conversion Table approved during the bankruptcy proceedings.
A creditor who held an appreciating asset such as Bitcoin is therefore being repaid against its court-recognized claim value rather than receiving the original number of coins or their present market value. Passing 100% represents repayment of the allowed dollar claim plus applicable plan treatment, not full restoration of the investment position the customer would hold today.
The $900 Million Is Not Automatic Crypto Buying Pressure The distribution may return substantial liquidity to former FTX customers, but it should not automatically be interpreted as $900 million entering the crypto market.
FTX sends distributions to its service providers in U.S. dollars. According to the estate’s distribution provider guidance, BitGo and Kraken may allow recipients to withdraw fiat or convert their payments into digital assets, depending on their jurisdiction and account. Payoneer primarily delivers fiat payments to bank accounts.
The eventual market effect will depend on what creditors do after receiving the money. Some may return part of their payout to crypto, while others may withdraw it, cover taxes, repay obligations, or move the funds into unrelated investments. The distribution creates the capacity for new demand but does not confirm that the money will be reinvested in digital assets.
Who Qualifies for the July 31 Distribution Eligibility was determined using the June 16, 2026 record date. According to FTX’s distribution dashboard guidance, creditors needed to have an allowed claim and complete the following requirements:
Required Onboarding Steps KYC Identity Verification Secure validation of your identity documents.
Tax Documentation Submission of a valid and signed tax form.
Provider Onboarding Successful setup with an approved distribution provider.
Sanctions Screening Final completion of mandatory regulatory compliance checks.
Creditors who did not complete those steps by June 16 will not participate in the July 31 round. They may become eligible for a later distribution after satisfying the requirements, subject to the deadlines and forfeiture provisions contained in the restructuring plan.
Transferred claims face an additional condition. The new holder must appear on the official claims register, and the applicable 21-day transfer notice period must have expired without an objection before the relevant record date.
Preferred Shareholders Will Receive a Separate $18 Million FTX also announced a separate payment of approximately $18 million to eligible preferred equity holders on July 31.
The money will come from the Preferred Shareholder Remission Fund Trust rather than the creditor distribution pool. The second preferred payment will increase total payments from that trust to approximately $95 million.
Eligible institutions must onboard with BitGo, while eligible individuals use Payoneer. Preferred shareholders must also provide an ownership certification, complete KYC checks, submit the required tax documents, and sign the accompanying consent form.
Because this payment follows a separate shareholder process, it should not be combined with the $900 million creditor distribution when measuring the recovery received by customer and unsecured claim classes.
FTX has not announced the record date or size of its next creditor distribution. Future payments will depend on available cash, remaining reserves, the resolution of disputed claims, and additional recoveries obtained by the estate.
Creditors should use only the official FTX Customer Claims Portal and verify any communication before opening links or providing personal information. FTX has repeatedly warned that it will never ask claimants to connect a crypto wallet to receive a bankruptcy distribution.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
FTX is set to release roughly $900 million to creditors on July 31 in its fifth distribution since the collapsed exchange filed for Chapter 11 protection in November 2022. According to an official press release from FTX Trading Ltd. and the FTX Recovery Trust, eligible creditors can expect funds from their chosen distribution provider, either BitGo, Kraken, or Payoneer, within one to three business days of that date.
Who Gets What The fifth distribution allocates an incremental 9% to Dotcom customers, 5% to US customers, and 3% each to general unsecured and digital asset loan claimants. Convenience claimants, typically smaller retail creditors, reach 120% on a cumulative basis. Dotcom and US customers both now cross the 105% cumulative mark, meaning they have, in dollar terms, recovered more than they originally lost.
That milestone matters in context. The Block reports that FTX's bankruptcy estate has now distributed nearly $10 billion to creditors and other claimants since repayments began in 2025, following a $2.2 billion fourth round in March.
The Catch: Frozen in November 2022 The headline recovery figures come with a significant caveat. All claims are valued in November 2022 dollars, when $BTC traded at around $16,871 at the time of FTX's bankruptcy filing. The exchange has faced criticism for not repaying assets in kind, and that criticism carries weight given where Bitcoin trades today.
As legal analysts have noted, a creditor who held one Bitcoin on FTX recovers roughly $20,000 in cash at 119%, not one Bitcoin, which trades at a fraction of that in purchasing power terms compared to current market prices. The court approved petition-date valuation as required under US bankruptcy law, meaning creditors do not benefit from any of the price appreciation that followed the collapse. On paper, crossing 100% looks like a full recovery. In crypto terms, it is considerably less than whole.
Creditors who have not yet completed KYC verification, submitted required tax forms, and onboarded with an approved distribution provider will need to do so before a future record date to remain eligible for subsequent rounds.
Sources:
FTX Official Press Release, PR Newswire, July 17, 2026
The Block: FTX fifth distribution reporting
Astraea Counsel: Crypto Bankruptcy Asset Recovery Analysis
Prominent angel investor Jason Calacanis, known for his early backing of Uber and investments in leading tech startups, has expressed renewed concerns over Bitcoin’s current trajectory, citing the outsized influence of software company MicroStrategy and its co-founder Michael Saylor.
MicroStrategy’s growing impact on BitcoinCalacanis contended that the primary challenge facing Bitcoin is no longer the cryptocurrency itself, but rather the effect of MicroStrategy’s aggressive acquisition strategy and the public profile of Saylor. He stated that while Bitcoin’s fundamentals remain unchanged, the company’s moves have begun to shape market perceptions and behaviors in ways that concern him.
In a post on X, Calacanis remarked, “The challenge for $BTC is that one person is causing chaos ($MSTR), while retail is more interested in bets on world-changing products (SpaceX, OpenAI, Anthropic).” He implied that MicroStrategy’s actions could be diverting retail interest away from direct Bitcoin investment toward speculative trading around the company’s stock.
In his comments, Calacanis argued that MicroStrategy has reached a level of dominance in the cryptocurrency narrative that can distort how both retail and institutional investors engage with Bitcoin.
MicroStrategy has repositioned itself as a “Bitcoin treasury company,” raising capital through equity offerings, convertible debt, and preferred stock to finance substantial Bitcoin purchases. This strategy has made it the largest corporate holder of Bitcoin globally, a position that sees its stock frequently serve as a leveraged proxy for the cryptocurrency.
As MicroStrategy’s influence has grown, institutional conversations about Bitcoin regularly reference the company’s holdings and buying strategies. Traders often view MSTR shares as an alternative means of accessing Bitcoin price movements, raising concerns about the company’s sway over inflows that might otherwise support spot BTC or newly established Bitcoin exchange-traded funds.
Mini dictionary: MicroStrategy (MSTR), a business intelligence firm led by Michael Saylor, is best known for amassing one of the world’s largest corporate Bitcoin treasuries, turning its stock into a popular, high-volatility crypto investment vehicle.
CompanyBTC HoldingsInvestment StrategyMicroStrategy (MSTR)Largest corporate holderIssuing equity and debt to fund BTC purchasesCohort (average S&P 500 firm)Minimal or noneDiversified, not crypto-focusedCalacanis remains skeptical despite tech backgroundDespite a track record of investing in technology firms at early stages, Calacanis has maintained a cautious stance on Bitcoin and the wider cryptocurrency sector. His skepticism intensified after the collapse of FTX in 2022, when he pointed to widespread speculation and weak governance as persistent industry issues.
During that period, Calacanis called for stronger regulatory oversight and emphasized the need to distinguish between sound blockchain applications and the proliferation of risky tokens.
Recently, he has been vocal about MicroStrategy’s financial model, warning that the company’s heavy reliance on financial instruments to accumulate Bitcoin could pose risks to investors. He has encouraged market participants to buy Bitcoin directly rather than invest through MSTR shares.
At times, Calacanis described MicroStrategy’s approach as a “stunning pyramid scheme,” underscoring his concern about the sustainability and transparency of its financing structure.
He suggested that the actions of one high-profile executive and a single company should not define the future of Bitcoin, particularly as retail investors increasingly seek exposure to other innovative ventures like SpaceX, OpenAI, and Anthropic.
As discussions continue within the cryptocurrency industry, Calacanis’s remarks highlight an ongoing debate over corporate involvement and its influence on Bitcoin’s reputation and price stability.
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 trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31.
In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would distribute about $900 million to claimants in the recovery plan’s “convenience and non-convenience classes.” Eligible creditors can receive funds through their BitGo, Kraken or Payoneer accounts within one to three business days starting from July 31.
The distribution will mark the fifth round of attempts of repaying FTX’s creditors. Convenience claims under $50,000 will receive a 120% reimbursement under FTX’s recovery plan, while others will receive between a 103-105% distribution.
Source: Sunil Kavuri
Following a March distribution of $2.2 billion, the trust has paid out about $10 billion since the company filed for bankruptcy in November 2022 amid a crypto market downturn that resulted in many exchanges filing for Chapter 11 protection. Former FTX executives including CEO Sam “SBF” Bankman-Fried and Ryan Salame, the co-CEO of FTX’s Bahamian affiliate, are still in federal prison as part of their role in the exchange’s misuse of customer funds.
In May, the law firm Fenwick & West, which advised FTX before its collapse, agreed to pay $54 million to settle a class action lawsuit filed by former users. A group of 20 FTX users sued the law firm for $525 million just days earlier.
Presidential pardon looking less likely for former FTX CEOBankman-Fried, who pleaded not guilty to criminal charges related to his role in the misuse of customer funds at FTX, was found guilty and sentenced to 25 years in prison in 2024. His appeal for his conviction and sentence was denied last month after a federal court upheld the New York court ruling.
However, even before the appellate court ruling became public, Bankman-Fried applied for a pardon from Donald Trump, something the US president said in a January interview that he did not plan on granting. Despite the statement from Trump, this week the US Senate unanimously adopted a resolution opposing clemency for the former FTX CEO.
The measure can’t stop Trump from issuing a pardon but reflected bipartisan opposition to the president granting clemency to a convicted felon. Many lawmakers have criticized the president issuing a pardon for former Binance CEO Changpeng Zhao after a UAE entity invested $2 billion into the crypto exchange using a stablecoin issued by the Trump family business, World Liberty Financial.
Magazine: Strategy became a symbol of the dot-com crash: Could history repeat?
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31.
In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would distribute about $900 million to claimants in the recovery plan’s “convenience and non-convenience classes.” Eligible creditors can receive funds through their BitGo, Kraken or Payoneer accounts within one to three business days starting from July 31.
The distribution will mark the fifth round of attempts of repaying FTX’s creditors. Convenience claims under $50,000 will receive a 120% reimbursement under FTX’s recovery plan, while others will receive between a 103-105% distribution.
Source: Sunil Kavuri
Following a March distribution of $2.2 billion, the trust has paid out about $10 billion since the company filed for bankruptcy in November 2022 amid a crypto market downturn that resulted in many exchanges filing for Chapter 11 protection. Former FTX executives including CEO Sam “SBF” Bankman-Fried and Ryan Salame, the co-CEO of FTX’s Bahamian affiliate, are still in federal prison as part of their role in the exchange’s misuse of customer funds.
In May, the law firm Fenwick & West, which advised FTX before its collapse, agreed to pay $54 million to settle a class action lawsuit filed by former users. A group of 20 FTX users sued the law firm for $525 million just days earlier.
Presidential pardon looking less likely for former FTX CEOBankman-Fried, who pleaded not guilty to criminal charges related to his role in the misuse of customer funds at FTX, was found guilty and sentenced to 25 years in prison in 2024. His appeal for his conviction and sentence was denied last month after a federal court upheld the New York court ruling.
However, even before the appellate court ruling became public, Bankman-Fried applied for a pardon from Donald Trump, something the US president said in a January interview that he did not plan on granting. Despite the statement from Trump, this week the US Senate unanimously adopted a resolution opposing clemency for the former FTX CEO.
The measure can’t stop Trump from issuing a pardon but reflected bipartisan opposition to the president granting clemency to a convicted felon. Many lawmakers have criticized the president issuing a pardon for former Binance CEO Changpeng Zhao after a UAE entity invested $2 billion into the crypto exchange using a stablecoin issued by the Trump family business, World Liberty Financial.
Magazine: Strategy became a symbol of the dot-com crash: Could history repeat?
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
TLDR: The FTX repayment will distribute approximately $900 million on July 31 to eligible creditors meeting all verification requirements. Dotcom and United States customer claims will reach cumulative recoveries of 105% under the fifth bankruptcy distribution. General unsecured and digital asset loan claims will reach 103%, while Convenience Claims will receive cumulative recoveries of 120%. Preferred equity holders will separately receive $18 million, raising total payments from their remission trust to $95 million. FTX will begin its fifth creditor distribution on July 31, paying approximately $900 million under its confirmed restructuring plan. The FTX repayment covers eligible Convenience and Non-Convenience claim holders who met the June 16 record date requirements.
Recipients should receive their money through BitGo, Kraken or Payoneer within one to three business days. FTX confirmed that claimants must complete identity checks, tax documentation, and provider onboarding before receiving payments.
The latest bankruptcy distribution continues a repayment process that began after FTX’s Chapter 11 reorganization became effective. Several claim classes will now receive cumulative distributions exceeding their allowed bankruptcy values.
FTX announced it will begin its Fifth Distribution of ~$900 million on 7/31/26 to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes that have completed the pre-distribution requirements.
— FTX (@FTX_Official) July 17, 2026
However, those values remain based on cryptocurrency prices around FTX’s November 2022 collapse. Creditors therefore receive additional cash above approved claims, but not the full gains produced by the later cryptocurrency recovery.
FTX Repayment Raises Recoveries Across Creditor Classes Allowed Dotcom Customer Entitlement Claims will receive an additional distribution equal to 9% of approved claim values. This payment raises their cumulative recovery to 105%.
United States Customer Entitlement Claims will receive another 5%, also increasing their total recovery to 105%. General Unsecured Claims and Digital Asset Loan Claims will each receive an additional 3%.
Those two groups will reach cumulative distributions of 103% following the FTX repayment. Convenience Claims will receive cumulative recoveries of 120%, according to the official payment schedule.
Actual percentages may vary slightly because of rounding and individual claim calculations. FTX plans to file detailed distribution figures with the bankruptcy court after the July 31 payment date.
Eligible FTX creditors previously selected a distribution provider through the customer claims portal. Their choices include BitGo, Kraken and Payoneer, depending on their location and account eligibility.
Selecting a provider directs FTX to send the cash payment directly to that company. Creditors must then contact their selected provider regarding account access or the availability of transferred funds.
Future payments will only cover claims recorded as allowed before the relevant record date. Transferred claims must also appear on the official register after the required objection period expires.
FTX Repayment Includes Preferred Shareholder Payment FTX will make a separate $18 million payment to eligible preferred equity holders on July 31. That payment will come from the Preferred Shareholder Remission Fund Trust.
The second preferred payment will raise total distributions from the trust to $95 million. Eligible holders must have qualified by the June 16 preferred record date.
Institutions receiving preferred payments must onboard with BitGo. Individual preferred shareholders must use Payoneer and complete the required consent documents.
Additional requirements include ownership certification, identity verification, and completed tax forms. FTX began contacting possible preferred equity holders in January 2026.
The FTX repayment announcement follows a fourth distribution of approximately $2.2 billion completed during March. The estate has continued releasing funds as claims become allowed and reserves are adjusted
FTX previously proposed reducing its disputed claims reserve by about $600 million, from $2.4 billion to $1.8 billion. The planned reduction could release additional cash for approved claims under the bankruptcy distribution process.
The estate also repeated its warning about fraudulent emails and imitation claims websites. FTX said it will never request customers to connect cryptocurrency wallets when processing payments.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Polymarket’s probability of the CLARITY Act passing this year has fallen to 32%, hitting an all-time low.
As the U.S. Senate remains deadlocked over the CLARITY Act, prediction market Polymarket has slashed the probability of the bill being passed by the end of 2026 to 32%, the lowest level since the platform launched in January this year. Data shows this probability has dropped by roughly 30 percentage points from the market’s launch, and plummeted sharply from the 82% peak hit in February this year. Market participants believe that with the Senate’s legislative schedule tightening and bipartisan support still unachieved, the likelihood of the bill passing this year continues to decline. Reports indicate that the biggest sticking point right now is that the two parties have yet to reach an agreement on ethics provisions related to conflicts of interest for government officials involving digital assets. Democratic Senator Ruben Gallego previously stated clearly that he would not support the bill in Senate votes if it does not include the bipartisan-backed ethics provisions. The CLARITY Act aims to establish a regulatory framework for the U.S. digital asset market and clarify the jurisdictional boundaries between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Multiple industry stakeholders testified at a House of Representatives hearing that the bill would help end "regulation by enforcement" and provide long-term, stable regulatory rules for the digital asset sector. As the U.S. Congress heads into its August recess, market expectations for the bill to be enacted into law this year are continuing to cool.
12 minutes ago
An address linked to the Ondo team transferred 26.05 million ONDO tokens to Coinbase, worth approximately $9.79 million.
According to monitoring by crypto analytics account Ai Yi, an address linked to the Ondo team transferred 26.05 million ONDO tokens to Coinbase, worth approximately $9.79 million. The address received 150 million ONDO from the Ondo team’s multi-sig address on June 23, held the tokens for nearly a month, and transferred a portion to Coinbase 11 hours ago. The operation follows a similar pattern to prior moves: team address transfer → address holding → transfer to exchange platform, though the specific purpose of this action remains unclear.
12 minutes ago
Claude Fable 5 will not be discontinued, and has officially remained in the premium subscription tier.
Anthropic announced that Claude Fable 5 will be officially included in its Max and Team Premium plans starting July 20. Users can allocate up to 50% of their plan credits to Fable 5, with no temporary deadline imposed. Pro and Team Standard users will still need to access Fable 5 on a pay-as-you-go basis, and Anthropic will grant these users a one-time $100 credit. When Fable 5 launched, Anthropic only committed to offering free access to the model until June 22. The model was later suspended due to U.S. export controls; after resuming on July 1, the plan access window was extended from July 7 to July 12, then to July 19. Anthropic has consistently stated that demand is unpredictable, requiring gradual increases in computing power. This timing is hard not to link to Kimi K3, which has recently matched or surpassed Fable 5 in multiple programming and agent benchmarks, with some tasks even outperforming it. Competitive pressure may have accelerated Anthropic’s decision, though no direct evidence exists to confirm this.
12 minutes ago
Alibaba releases Miaowu Team Edition, an enterprise-level AI application creation platform.
At the 2026 World Artificial Intelligence Conference (WAIC), Alibaba unveiled Meoo Team, the enterprise team edition of its Miaowu enterprise-grade AI application creation platform. Its core capabilities include unified identity management, unified procurement and quota control, fine-grained permission management, and team asset sharing, among others. Meoo Team is designed to address key challenges enterprises face in AI creation, such as resource coordination, permission allocation, and asset ownership, while enhancing collaboration efficiency for teams across e-commerce, content creation, product operations, marketing, finance, education, and other fields.
12 minutes ago
Crypto whale, following the strategy of "setting 10 major targets first", again goes long on BTC, accumulating $3.94 million in profit over the past month.
According to monitoring by crypto analytics account Ai Yi, whale trader alias "Set 10 Big Goals First" posted early this morning that he has opened a long position of 69.4 BTC, valued at roughly $4.43 million, with an entry price of $63,827.06. Ai Yi notes the position was built during Bitcoin’s early-morning rally and is likely only an initial entry. Data indicates that since June 25, Jason’s three BTC long trades each exceeded $200 million in size, generating cumulative profits of approximately $3.94 million.
12 minutes ago
A crypto whale has added 1001 BTC to its holdings once more; last year, it purchased over $290 million worth of Bitcoin via over-the-counter (OTC) trades.
According to monitoring by Onchain Lens, a whale address that previously accumulated over $290 million worth of Bitcoin through Galaxy Digital last year has added to its holdings, receiving 1001 BTC valued at approximately $64 million. The relevant addresses include the main wallet bc1qexplq4mlp7umxavr2qceaqzc2w8fzc9enpty55 and its associated address 39aNzneDLY6oHifvRpxwXaeCPkP9gcZxNx.
The boundaries between a crypto card and a DeFi yield aggregator are dissolving. Plasma One has introduced a stablecoin account that marries fee-free USDT spending with a cashback token and yield sourced directly from Aave, the largest lending protocol in decentralized finance.
According to the product launch details, the offering includes three membership tiers—Lite, Core, and Platinum—each unlocking higher XPL cashback rates on card transactions. The account is built around USDT0, a wrapped version of the USDT stablecoin that taps into Aave’s yield-generating markets. Plasma One is clear that it does not operate as a bank and that none of the balances enjoy deposit insurance protections. Yields are not fixed; they mirror the fluctuating rates on Aave’s lending pools.
How the Tiered Structure Works Users can earn XPL rewards on everyday spending while their idle stablecoins sit in Aave earning interest. The Lite tier is designed for casual users, offering a basic cashback percentage. Core and Platinum tiers raise the reward rate and bundle additional benefits, though specifics were not broken down in the initial material. The structure encourages users to hold more XPL or lock in higher deposits to climb tiers, creating an internal token economy that rewards loyalty.
Unlike a traditional bank account, the yield component comes entirely from decentralized finance. Plasma One routes deposits into Aave’s USDT0 market, which has historically offered annualized yields that range widely depending on supply and demand for stablecoin borrowing. During periods of high lending demand on Aave, yields can spike; when liquidity is flush, returns compress. This variability makes the product resemble a hybrid between a checking account and a liquidity provision strategy.
The Yield and the Risk The absence of deposit insurance is the most obvious difference from conventional banking. Plasma One explicitly warns that customer funds are not protected by any government-backed scheme. In practice, users bear smart contract risk from Aave, the custodian managing the card and wallets, and any bridges or wrapping mechanisms used to convert USDT into USDT0. While Aave has undergone multiple security audits and manages billions in total value locked, no DeFi protocol is immune to exploits or cascading liquidations.
This setup arrives at a time when regulators in the U.S. and elsewhere are wrestling with how to classify yield-bearing stablecoin products. A major crypto market structure bill is facing last-minute opposition from traditional banks, threatening the legislative clarity that would define which federal agency oversees products like Plasma One’s account. Without that framework, the offering occupies a grey zone—too crypto-native for banking regulators and too bank-like for securities regulators to ignore indefinitely.
Stablecoin Adoption Meets DeFi Distribution Plasma One’s move reflects a broader shift in how stablecoin issuers and fintech platforms are integrating DeFi rails. Rather than building proprietary yield strategies in the background like centralized lenders once did, newer products are simply surfacing on-chain money markets directly to consumers. This approach is more transparent—users can verify on-chain where yield comes from—but it also exposes them more directly to protocol-level risks that were previously hidden inside companies like Celsius or BlockFi.
The product also underscores the evolution of stablecoins from a trading-settlement instrument into a medium of exchange with built-in rewards. As card networks, payment processors, and mobile wallets support stablecoin transactions, accounts that merge spending with yield could attract users who would otherwise park funds in low-interest traditional accounts. However, the lack of deposit insurance remains a psychological hurdle for mass adoption.
The tokenized asset ecosystem is expanding rapidly. In just one week, the total value of real-world assets on-chain crossed $20 billion, driven by treasury tokenization and institutional settlement. Stablecoin accounts that route yield through protocols like Aave fit squarely into that trend, serving as a retail-facing distribution channel for on-chain fixed-income products.
The on-chain layer benefits from blockchains that continue to attract the highest developer activity. Ethereum and Polygon, for example, consistently top weekly rankings, which supports the security and innovation of the DeFi protocols that Plasma One relies upon.
What Comes Next Market observers will be watching whether Plasma One’s tiered rewards model can generate enough swipe volume and deposit stickiness to sustain the XPL token economy. The variable nature of Aave yields means the account competes not only with traditional savings accounts but also with other DeFi yield products that may offer higher returns for similar risk. Much depends on how the company curates the user experience—if depositing and spending feel close to a regular bank app, the lack of deposit insurance may fade for a segment of crypto-native consumers.
Still, the product exemplifies the ongoing convergence of fintech and DeFi, where a card, a token, and a money market are packed into one interface. The lack of a regulatory safety net is both a feature and a warning. While Plasma One is not a bank, its success or failure will be closely scanned by lawmakers weighing how to govern the next generation of stablecoin-powered financial products.
AUTHOR
Freelance writer and crypto enthusiast with a focus on Web3, delivering clear and engaging articles. Known for his well-researched articles and insightful analysis, Shayan covers a broad range of topics including market trends, blockchain technology, decentralized finance (DeFi), and emerging crypto projects. His writing aims to educate both beginners and experts, providing clear, engaging content that helps readers stay informed about the fast-evolving crypto space. Shayan's expertise and dedication make him a trusted voice in the blockchain community.
HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Company, Inc. (Hawaiian Electric), a subsidiary of Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE), today submitted its Integrated Grid Planning Request for Proposals (IGP RFP), seeking plans for competitively priced renewable energy and storage for Oʻahu, Hawaiʻi Island and Maui to meet customers' growing energy needs and modernize the generation fleet to drive down costs by reducing the use of oil for power generation. Collectively, these proj.
A new proposal, Solstice, aims to make one of the most significant changes to Filecoin’s reward system since the network launched. It would reshape how storage providers earn rewards and how the network supports services that bring paying customers and data to Filecoin.
The basic idea is straightforward: instead of requiring providers to complete a special approval process to earn higher rewards, network consensus providers would receive full rewards automatically. At the same time, a portion of block rewards would be programmatically directed toward the services that attract customers, onboard data, and work directly with storage providers.
The Filecoin Improvement Proposal (FIP) 0118 is still a draft and is open for community feedback at: Create fip 0118-solstice.md by irenegia · Pull Request #1270 · filecoin-project/FIPs
Background on the Current System Today, Filecoin uses a program called Filecoin Plus, or Fil+. The original goal was to reward storage providers for storing useful, verified data rather than simply adding empty capacity to the network.
In practice, Fil+ has introduced a significant amount of operational overhead. To qualify for enhanced rewards, clients need to apply for datacap, which acts as a credit confirming that their data is legitimate. That process involves reviews, approvals, and compliance checks.
Over time, this has made the onboarding sectors pipeline slower and more complex. It has also created opportunities for gaming. The FIP 0118 argues that Fil+ verification has become a weak signal of useful data, so rewards do not always reach the storage providers creating the most value for the network.
Solstice builds on what Fil+ set out to do, rewarding useful storage, and replaces the verification step with a direct signal of customer activity: onchain payment volume. It supports both sides of the marketplace. Storage providers keep earning block rewards for securing and supplying storage, while a share of rewards goes to the services bringing paying customers to the network.
What Would Change The proposal introduces two major changes.
First, the Fil+ system would be removed. Every new sector onboards on equal footing, earning consensus rewards in proportion to the storage it commits, with no verified and unverified tiers. Existing sectors keep their current power and terms.
Second, a portion of Filecoin's block rewards would automatically be redirected to fund services that help drive paid network usage. Today, block rewards go entirely to the storage provider that wins the block. Under Solstice, part of that reward would instead go to a new role in the network, Service Orchestrators, who are responsible for bringing paying customers to the Filecoin network.
In simple terms, miners continue earning rewards for providing consensus and securing the storage network, while a portion of rewards would also fund the sales, service, and integration layer that brings more paying customers to the network. More demand means more value flowing to the providers already serving it.
The Opportunity for Storage Providers The timing of this proposal matters as much as the mechanics. Several forces are converging in the broader market right now, that point toward exactly the kind of infrastructure Filecoin storage providers have already built.
Data growth is outpacing centralized infrastructure. AI, enterprise, and machine-generated workloads are driving demand beyond available cloud capacity and into new geographies, while power grid constraints delay roughly one fifth of planned data center development. The same AI adoption is also shifting what buyers need from storage: verifiability, provenance, and durability, not capacity alone. Filecoin answers both. Its global network of independent providers added more than 59 PiB of raw storage in a single day, and its cryptographic proofs verify what is stored and that it stays stored.
These trends are already producing real deals. Aurora, an SP, is deploying Filecoin-powered storage across 100 megawatt AI compute data centers in Europe, built for multi-petabyte workloads. 375ai and Akave, another SP using Filecoin, with edge infrastructure across more than 40,000 retail, industrial, and logistics locations in the United States, is using Filecoin backed storage as the durability layer for its verifiable AI data pipeline.
What Solstice does is give the network, for the first time, a protocol level mechanism to reward the service layer that captures this demand. The service stream creates funding that rewards one measurable thing: bringing paying customers to Filecoin and routing their workloads to storage providers. For storage providers, that means the go-to-market work gets done by specialists at scale, keeping them focused on operating their infrastructure, and subsidized by the block reward.
For more on the macro tailwinds shaping this moment, see: Why Macro Trends Are Moving in Filecoin's Favor.
Governance Tiers and Functions Solstice introduces two new governed contracts, the Stream Weights Actor and the Service Rewards Actor, that parameterize the built-in reward actor (f02), which does the actual splitting.
Stream Weights Actor (SWA). The SWA controls how each block reward is divided among streams. At launch there are two: the consensus stream, paid to the winning miner each epoch, and the service stream, paid to registered Orchestrators. The SWA manages the weight schedule: consensus share ramps from 95% down to a 50% floor, and service share steps up from 5% in 5 percentage point increments, but only when quarterly on-chain Filecoin Pay volume clears a verifiable USD target. Whatever share leaves consensus but has not been earned by the service stream is burned. Every discretionary SWA change requires a published FIP, sign-off from both Safes operating the first decision-making surface, and a seven day hold enforced at the L1. f02 itself queues and delays the write, so no weight can shift without the community having time to see and object. Gate step-ups are mechanism-executed and not cancellable.
Service Rewards Actor (SRA). The SRA determines how the service stream is split among registered Orchestrators. Each quarter it computes each Orchestrator's share from their verified Filecoin Pay volume and writes the wallet-to-share map directly into f02, which pays each Orchestrator wallet every epoch. The SRA never holds funds and is never on the value path. It also maintains the Orchestrator registry: which entities are admitted, which (payer, operator) pairs are attributed to each Orchestrator, and which stablecoin and Filecoin Pay contract addresses count toward volume. Registry changes require both Safes operating the second decision-making surface and a cancellation hold, but no FIP.
Service Orchestrators. Orchestrators are the registered entities whose on-chain payment activity drives the service stream. Their protocol interaction is narrow: they register the (payer, operator) pairs whose Filecoin Pay volume counts toward them, post their quarterly volume figure to the SRA in stablecoin and FIL components recomputable by anyone from public settlement events, and receive their share of the service stream each epoch directly from f02. They are not a decision-making surface. At launch a single Orchestrator is registered; the second decision-making surface can admit more over time, with permissionless registration as the Phase 2 goal.
Together: f02 splits every block reward by the current weights; the SWA sets those weights and governs when the service share can grow; the SRA determines how that share is divided based on measured volume; and Orchestrators generate the client demand that justifies the funding increasing over time.
What This Means for Storage Providers Storage providers are the direct beneficiaries as Filecoin’s service economy grows. The shift Solstice makes is about accelerating the demand side of the network that makes providing storage capacity on the network highly attractive.
The most significant community-advocated change is that the Fil+ system goes away. No more datacap applications, allocator reviews, or compliance overhead. Every sector onboards on equal footing with full rewards from day one. For providers who have spent years navigating that pipeline, this alone is a meaningful operational improvement.
The bigger opportunity is what the service stream funds. As that client pipeline grows, so do the deals and direct revenue storage providers earn from serving real customers. Revenue for storage providers increases because paying customers are coming to the network.
For providers running newer storage proof systems; such as Proof of Data Possession (PDP) for hot data and retrieval workloads; Solstice removes a meaningful barrier. Service funding is not tied to any specific proof system. Whether a storage provider runs PoRep, PDP, or whatever the market demands, the incentive structure accommodates it.
At launch the service portion is 5% of each block reward, with 95% flowing directly to miners as the consensus share. Over roughly nine quarters the consensus share steps down on a published schedule toward a 50% floor, opening up more room for service funding. That room does not fill automatically: the service portion steps up only when payment volume flowing through Filecoin Pay clears a verifiable on-chain target for that quarter. When the target is met the step-up executes automatically, no governance approval required. When it is not, the service portion holds and the gap is burned, permanently removing those tokens from supply.
This means the burn rate is directly tied to revenue: as the network wins more real paying business, more of the issuance flows to service funding and less is burned. Every step up is therefore evidence that the revenue opportunity for SPs is growing alongside it, and every missed step tightens supply instead of distributing funds the network has not yet earned.
Read the full proposal at Create fip 0118-solstice.md by irenegia · Pull Request #1270 · filecoin-project/FIPs. The discussion is open until later this month. After the feedback period, the authors will incorporate community input into the draft and progress through the FIP process.
@Uniswap recorded $16.6 billion in trading volume over the past seven days, more than the next four decentralized exchanges combined, according to DefiLlama data. The figure cements its position as the dominant force in decentralized trading by a margin that rivals struggle to meaningfully close.
The Rankings at a Glance@PancakeSwap holds second place with $3.79 billion in weekly volume, followed by @Pumpfun at $2.64 billion, @AerodromeFi at $2.5 billion, and @ManifestTrade at $1.11 billion. Combined, those four protocols account for roughly $10 billion, still well short of Uniswap's single-protocol total. Across the top five, @Uniswap commands approximately 62% of all volume.
What makes the gap more striking is the structural context. @Uniswap operates across 47 chains, giving it a breadth that few protocols can match. @AerodromeFi and @Pumpfun each run on a single chain and still managed to crack the top four, a sign that concentrated liquidity and strong product-market fit can carry significant weight even without multi-chain reach.
A Growing Market, One Clear LeaderTotal DEX volume across all protocols rose 7.41% on the week, pointing to broad-based growth rather than a simple shift of liquidity toward Uniswap. Protocols like Uniswap that operate across multiple contract versions, such as V2, V3, and V4, typically report aggregate figures combining activity across all active deployments, which contributes to the scale of its headline number.
Platforms like DefiLlama provide near-real-time aggregation across hundreds of protocols simultaneously, making the weekly rankings one of the most closely watched indicators of momentum in decentralized finance. Each trade recorded in DEX volume represents real capital committed to a swap, and unlike centralized exchange volume, which can include synthetic or wash-traded activity, DEX volume reflects genuine on-chain economic activity.
The concentration of volume at the top of the DEX rankings raises a straightforward question for the rest of the market: with @Uniswap entrenched across nearly every major chain and its multi-version architecture drawing liquidity at scale, closing that gap will require more than incremental improvements from challengers.
Sources
DefiLlama: DEX Volume Rankings
The Block: DEX Analytics and Market Share
Soccer’s biggest prize is getting a very American upgrade. FIFA announced that the winner of the 2026 World Cup final will receive championship rings, the kind of hardware previously reserved for Super Bowl champions and NBA title-holders. It marks the first time in FIFA’s history that the organization has issued rings for its world champions, and the timing is not subtle: the final is being played at MetLife Stadium in New Jersey, the same building that hosted Super Bowl XLVIII.
Spain and Argentina meet in the final on July 19, and beyond the trophy, the winning squad and staff will receive 30 custom-made rings. The remaining 1,996 rings, part of a total production run of exactly 2,026 pieces in a nod to the tournament year, will be sold as licensed replicas to fans willing to pay for a piece of history.
The ring itself, and what FIFA is actually selling The design features the World Cup trophy on one face, with team-specific engravings on the opposite side. A temporary ring will be presented to the winning captain and coach immediately after the final whistle.
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The fan replica program produces 1,996 purchasable rings, creating artificial scarcity around what is essentially licensed merchandise. Whether those rings hold resale value depends almost entirely on which team wins, a dynamic that makes the Argentina vs. Spain matchup financially consequential for ring buyers in a way that goes beyond pure fandom.
FIFA’s crypto infrastructure is bigger than the rings Kraken, the crypto exchange, was announced as the official cryptocurrency exchange supporter of the 2026 World Cup on June 9, 2026. The partnership includes fan activations and promotions across North America and Europe.
Avalanche’s blockchain underpins FIFA’s custom blockchain platform, which has already issued over 100,000 ticket rights generating more than $25 million in volume. FIFA used blockchain-based ticketing specifically to address scalping, putting verifiable ownership on-chain so that resale activity becomes traceable and controllable.
The memecoin problem, and what it means for crypto investors Predictably, the tournament has also spawned a wave of unofficial tokens. WORLDCUP, W26, and national team tokens including ARG have launched in the buildup to the final. None of these have any affiliation with FIFA, Kraken, or any official tournament entity.
For investors, the risk profile here is straightforward. Official partners like Kraken have regulatory standing, balance sheets, and reputational skin in the game. Unofficial tokens have none of those things, and the pseudonymous teams behind them face essentially no consequences for exit-scamming a community that formed around a soccer tournament.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
