Track market-moving stories before they get noisy

Jul 16, 2026, 4:56 a.m.

2 min read

Summary

Ether has outperformed the rest of the large-cap crypto market this week, rising about 11 percent over seven days as most other major tokens were flat or negative.Inflows into U.S. spot ether ETFs have accelerated, with $96 million added in the first three days of the week, heavily concentrated in BlackRock’s low-fee products while Grayscale’s higher-fee ether trust continues to see outflows.Ether is also benefiting from new demand from Robinhood Chain, a layer-2 network launched July 1 that uses ether for gas and has been processing more than $800 million a day in mostly memecoin trading, even as bitcoin’s on-chain data suggest its market remains relatively steady despite volatile ETF flows.Ether is the only large-cap crypto asset doing much of anything this week, and the softer U.S. inflation print that lifted the market on Tuesday does not explain it.

Ether traded near $1,920 on Thursday, up 2.2% on the day and roughly 11% over seven sessions, carrying a market value of about $231 billion on roughly $12 billion of daily volume. Bitcoin sat at $64,600, down 0.3% on the day and up 4.2% on the week. Below them the tape turns negative.

Solana fell 1.1% to $77 and is lower over seven days. TRON slipped to $0.32, down 1.6% on the week. Hyperliquid's HYPE lost 1.8% to $66 and is down 1.7%. XRP, BNB and dogecoin each added a little over 2% for the week, roughly a fifth of ether's move.

Two factors have provide tailwinds for ether this week.

U.S. spot ether ETFs took in $96 million over the first three days of this week, according to SoSoValue, already more than the $84 million they gathered across all of last week. The funds bled through late June, shedding $82 million on June 25 alone.

Bitcoin's funds are still lurching, however. U.S. spot bitcoin ETFs shed $424 million on July 13, then took back $181 million the next day. Money leaving and returning inside 48 hours is not indicative of an allocator building a position.

As such, the ether bid is narrower. Of the $53.8 million that came in on Wednesday, BlackRock's ETHA absorbed $45.3 million and its smaller ETHB fund took $4 million, leaving the other eight products to split less than $5 million between them.

Grayscale's original ether trust, which charges 2.5% against BlackRock's 0.25%, has now bled $5.3 billion since launch.

Ether also picked up a demand source that did not exist three weeks ago. Robinhood Chain, the layer-2 network the brokerage switched on July 1, pays gas in ether and settles to Ethereum, and it has been clearing more than $800 million in daily decentralized exchange volume, most of it memecoin trading.

Bitcoin is steadier than its ETF flows suggest, however. Nansen data shows exchange outflows holding through the escalation in the Middle East, with no meaningful rotation into stablecoins, the move that usually marks wallets stepping back.

Funding rates are near zero, which is suggestive of the overleveraged longs that fuelled June's liquidation cascades have already been cleared out. Bitcoin dominance is 58.3%.

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Ripple (XRP) and Stellar (XLM) trade higher on Thursday as both altcoins extend their recovery after defending key support levels earlier this week. XRP is up more than 2% so far this week, while XLM has rebounded after finding support around $0.177. Improving derivatives metrics and fading bearish momentum indicators suggest the recovery could extend in the near term.

Derivatives metrics show recovery signsDerivatives metrics show mild signs of improvement for Ripple and Stellar. XRP's futures Open Interest (OI) has risen to $2.45 billion on Thursday after falling to $2.28 billion on Monday. Over the same period, XLM's OI increased to $193 million from Monday's low of $153 million. 

This rise in open interest, alongside the recent price recovery, suggests fresh capital is entering the market, indicating improving trader confidence and supporting the case for a further rebound.

XRP open interest chart. Source: Coinglass

XLM open interest chart. Source: CoinglassIn addition, XRP and XLM funding rates flipped positive on Tuesday, reading 0.27% and 0.0101%, respectively, on Thursday, indicating improving sentiment.

XRP funding rates chart. Source: Coinglass

XLM funding rates chart. Source: CoinglassMixed on-chain metricsCryptoQuant’s summary data shows mixed sentiment. XRP’s spot and futures markets show large whales' orders with neutral conditions in other metrics, supporting a potential recovery.

However, XLM shows selling-side dominance in both markets, hinting at cautious sentiment among traders and capping any potential recovery.

XRP summary chart. Source: CryptoQuant

XLM summary chart. Source: CryptoQuantXRP technical outlook: Fading bearish strengthXRP price trades at $1.115 on Thursday, after recovering and finding support around the upper boundary of the downward parallel channel earlier this week. However, XRP is holding beneath the key Exponential Moving Averages (EMAs), which keeps the bias bearish. 

XRP price remains below the 50-day EMA at $1.155 as well as the 100-day EMA at $1.252 and the 200-day EMA at $1.456, suggesting rallies are still being capped by overhead trend resistance. Momentum is more balanced, with the Relative Strength Index (RSI) hovering near the neutral 50 mark and the Moving Average Convergence Divergence (MACD) marginally positive, hinting at stabilizing downside pressure rather than a clear bullish reversal.

On the topside, immediate resistance appears at the 50-day EMA around $1.155, followed by the 100-day EMA at $1.252 and the horizontal barrier near $1.300. At the same time, a stronger supply zone is seen higher up at the 200-day EMA at $1.45 and the prior resistance line around $1.900.

On the downside, initial support is aligned with the lower boundary of the prevailing downward parallel channel near $1.027, where buyers have some room to respond before a deeper decline would reinforce the broader bearish structure.

XLM technical outlook: Finds support around key support zoneXLM price trades at $0.187 on Thursday, holding below the 50-day EMA at $0.190 and the 200-day EMA at $0.196, which keeps the pair in a capped, mildly bearish bias despite trading just above the 100-day EMA at $0.187. 

The RSI around 48 hints at neutral-to-soft momentum, while the MACD remains slightly negative, suggesting that buyers lack conviction to challenge the overhead EMAs and Fibonacci barriers for now.

On the topside, initial resistance is seen at the 50-day EMA at $0.190, followed by the 200-day EMA at $0.196 and the 61.8% Fibonacci retracement at $0.200, with stronger supply layered higher at the 50% retracement at $0.218 and the 38.2% Fibonacci retracement level at $0.237.

On the downside, immediate support comes from the 100-day EMA at $0.187, ahead of the horizontal floor at $0.177 and the 78.6% Fibonacci retracement at $0.173, while a deeper pullback would expose the next key base near $0.142.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE: TNL), a leading leisure travel company, today announced the closing of the acquisition of Yes& Vacations and, separately, entering into a definitive agreement to acquire Spinnaker Resorts, for a combined upfront purchase price of $343 million, subject to customary adjustments and contingent performance-based payments of up to $10 million. The Spinnaker Resorts acquisition is expected to close in the third quarter of 2026, subject to customary closing conditions. The transactions are expected to be immediately accretive to Adjusted EBITDA, Adjusted Diluted EPS and Adjusted Free Cash Flow. The Company is funding the acquisitions through cash and existing debt capacity and expects to end the year at a 3.2x leverage ratio, while sustaining share repurchases at similar levels to 2025.

Together, the transactions add more than 100,000 owners and 23 resorts to Travel + Leisure Co.’s vacation ownership network, expanding its presence in two of leisure travel’s most sought-after destinations, Maui and Hilton Head. Yes& Vacations added seven properties in Maui, and a flagship island-inspired resort on the Las Vegas Strip. Spinnaker Resorts will add six properties in Hilton Head, as well as resorts in attractive drive-to leisure destinations including Ormond Beach, Branson, and Williamsburg.

“Acquiring these companies strategically expands our presence in premier leisure destinations, adding quality inventory in markets where new development is challenging,” said Michael D. Brown, President and CEO of Travel + Leisure Co. “Combined, these transactions significantly expand our resort and owner base, creating meaningful opportunities to generate incremental revenue across our vacation ownership ecosystem.”

The upfront cash purchase price of $343 million is expected to be reduced by securitizing approximately $80 million of acquired consumer financing receivables, resulting in net capital deployed of approximately $263 million. On a full year basis, inclusive of identified synergies, these acquisitions are expected to contribute approximately $50 million of Adjusted EBITDA. Additional details regarding the strategic benefits and financial impact of these acquisitions will be discussed during the upcoming earnings call on July 22, 2026.

“These acquisitions reflect our approach to capital allocation – deploying capital where we believe it can generate attractive long-term returns while maintaining balance sheet flexibility and continuing our consistent approach to returning capital to shareholders,” added Erik Hoag, Chief Financial Officer at Travel + Leisure Co. “They are immediately accretive and create meaningful opportunities through owner monetization, receivables optimization and recurring management fee growth.”

“We are proud of what our team has built and deeply grateful to the owners and associates who have been part of this journey,” said Anthony Twist, CEO of Yes& Companies. “Joining Travel + Leisure Co. creates extraordinary opportunities for our people, our owners and our resorts. The company is a recognized leader in vacation ownership, shares our commitment to hospitality and has the scale and resources to carry Yes& Vacations into its next chapter.”

PJT Partners served as exclusive financial advisor to Travel + Leisure Co. in connection with the transactions. BofA Securities, Inc. served as exclusive financial advisor to Yes& Companies and J.P. Morgan served as exclusive financial advisor to Spinnaker Resorts.

To learn more about Travel + Leisure Co., please visit travelandleisureco.com.

Forward Looking Statements

This press release includes “forward-looking statements” as that term is defined by the Securities and Exchange Commission (“SEC”). Forward-looking statements are any statements other than statements of historical fact, including statements regarding our expectations, beliefs, hopes, intentions or strategies about the effects of the strategic transactions and closing of the Spinnaker Resorts transaction discussed in this press release and the future. In some cases, forward-looking statements can be identified by the use of words such as “will,” “intends,” or “expects,” or other words of similar meaning. Forward-looking statements are subject to risks and uncertainties that could cause actual results of Travel + Leisure Co. and its subsidiaries (“Travel + Leisure Co.” or “we”) to differ materially from those discussed in, or implied by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, risks associated with: the future prospects and plans for Travel + Leisure Co., including our ability to compete in the highly competitive timeshare and leisure travel industries; the health of the travel industry and declines or disruptions caused by adverse economic conditions (including inflation, recent tariff and other trade restrictions, higher interest rates, recessionary pressures, and any potential adverse economic impacts resulting from the U.S. federal government shutdown), travel restrictions, terrorism or acts of gun violence, political strife, war (including hostilities in Ukraine and the Middle East), pandemics, and severe weather events and other natural disasters; adverse changes in consumer travel and vacation patterns, consumer preferences and demand for our products; increased or unanticipated operating costs and other inherent business risks; our ability to comply with financial and restrictive covenants under our indebtedness; our ability to access capital and insurance markets on reasonable terms, at a reasonable cost or at all; maintaining the integrity of internal or customer data and protecting our systems from cyber-attacks; and those other factors disclosed as risks under “Risk Factors” in documents we have filed with the SEC, including in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 18, 2026. We caution readers that any such statements are based on currently available operational, financial and competitive information, and they should not place undue reliance on these forward-looking statements, which reflect management’s opinion only as of the date on which they were made. Except as required by law, we undertake no obligation to review or update these forward-looking statements to reflect events or circumstances as they occur.

Certain Financial Measures

The Company calculates its leverage ratio as its net debt (total debt outstanding, less non-recourse vacation ownership debt and cash and cash equivalents) divided by Adjusted EBITDA as defined in its credit agreement. Adjusted Diluted Earnings Per Share (EPS), Adjusted Free Cash Flow, EBITDA and Adjusted EBITDA are non-GAAP financial measures. EBITDA is defined by the Company as net income from continuing operations before depreciation and amortization, interest expense (excluding consumer financing interest), early extinguishment of debt, interest income (excluding consumer financing revenues) and income taxes, each of which is presented on the condensed consolidated statements of income. Adjusted EBITDA also excludes stock-based compensation costs, separation and restructuring costs, legacy items, transaction and integration costs associated with mergers, acquisitions, and divestitures, asset impairments/recoveries and inventory write-downs associated with the Company’s resort optimization initiative, gains and losses on sale/disposition of business, and items that meet the conditions of unusual and/or infrequent. Legacy items include the resolution of and adjustments to certain contingent assets and liabilities related to acquisitions of continuing businesses and dispositions, including the separation of Wyndham Hotels & Resorts, Inc. and Avis Budget Group, Inc. (ABG), and the sale of the vacation rentals businesses. Integration costs represent certain non-recurring costs directly incurred to integrate mergers and/or acquisitions into the existing business. We believe that when considered with GAAP measures, Adjusted EBITDA is useful to assist our investors in evaluating our ongoing operating performance for the current reporting period and, where provided, over different reporting periods. We also internally use this measure to assess our operating performance, both absolutely and in comparison to other companies, and in evaluating or making selected compensation decisions. Adjusted EBITDA should not be considered in isolation or as a substitute for net income/(loss) or other income statement data prepared in accordance with GAAP and our presentation of Adjusted EBITDA may not be comparable to similarly-titled measures used by other companies. Adjusted Free Cash Flow is defined by the Company as net cash provided by operating activities from continuing operations less property and equipment additions (capital expenditures) plus the sum of proceeds and principal payments of non-recourse vacation ownership debt, while also adding back cash paid for transaction costs for acquisitions and divestitures, separation adjustments associated with the spin-off of Wyndham Hotels, and certain adjustments related to COVID-19. TNL believes adjusted FCF to be a useful operating performance measure to evaluate the ability of its operations to generate cash for uses other than capital expenditures and, after debt service and other obligations, its ability to grow its business through acquisitions and equity investments, as well as its ability to return cash to shareholders through dividends and share repurchases. A limitation of using Adjusted free cash flow versus the GAAP measure of net cash provided by operating activities as a means for evaluating TNL is that Adjusted free cash flow does not represent the total cash movement for the period as detailed in the consolidated statement of cash flows. Adjusted Diluted EPS is defined by the Company as Adjusted net income divided by the diluted weighted average number of common shares. Adjusted Diluted EPS is useful to assist our investors in evaluating our ongoing operating performance for the current reporting period and, where provided, over different reporting periods.

About Travel + Leisure Co.

Travel + Leisure Co. (NYSE: TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Resorts, Eddie Bauer Adventure Club, Margaritaville Vacation Club, and Accor Vacation Club, as well as cornerstone brands, Club Wyndham, WorldMark, and RCI. With hospitality and responsible tourism at its heart, the company’s more than 19,000 dedicated associates worldwide help fulfill its mission to put the world on vacation. Learn more at travelandleisureco.com.

About Yes& Companies

Yes& Companies is an operating and investment platform with a long history of founding, acquiring, scaling and monetizing businesses across multiple industries. Rooted in hospitality, the company applies decades of entrepreneurial and operational experience to create, acquire and grow businesses, develop scalable platforms and create long-term enterprise value. Through its vacation ownership platform, Yes& Vacations, the company has developed, owned and managed premier resort communities in some of the world’s most sought-after leisure destinations. Today, Yes& Companies continues to own, operate and invest in businesses through disciplined execution, thoughtful capital allocation and a long-term approach to value creation. Learn more at www.yesandco.com or contact The Ferraro Group – [email protected].

About Spinnaker Resorts

Spinnaker operates 11 resorts, each offering a different experience and the local flavor of the unique locations. From the low-key coastal paradise of Hilton Head Island, South Carolina, to the sunny shores of Ormond Beach, Florida to the neon/natural draw of the Ozarks in Branson, Missouri and the historical playground of Williamsburg, Virginia – Spinnaker has developed resorts you’ll love to return to year after year. Our daily goal is to make sure you have the best possible vacation experience. Learn more at spinnakerresorts.com.

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Bitcoin is showing the first noteworthy signs of recovery after months of downward movement, establishing support near $65,000 following a rally above its 26-day EMA at $63,400. This shift suggests a potential change in short-term market sentiment, but significant resistance obstacles remain for the world’s largest cryptocurrency by market value.

Bitcoin recently regained its 50-day EMA at $64,100, marking an important but preliminary step in overcoming the prevailing bearish structure. The next major target is the 100-day EMA, currently positioned at $68,500, which must be cleared for a decisive trend reversal. Price action continues to be defined by the broader 200-day EMA, which stands at $74,500 and maintains the overarching downtrend that began in late 2025.

Momentum indicators, including the Relative Strength Index (RSI) climbing to nearly 57, signal strengthening buyer control. Unlike previous rebound attempts earlier this year that quickly faded, the current move is supported by ongoing buyer defense of the $58,000–$60,000 region. However, trading volume remains moderate, indicating that a full reversal has yet to materialize.

Bitcoin must break above the 100-day EMA to establish a pattern of sustained recovery and open the door for a potential move toward the $75,000 area. Until this level is reclaimed, upside discussions are likely to remain cautious.

LevelCurrent Price / EMASupport$65,00026-day EMA$63,40050-day EMA$64,100100-day EMA$68,500200-day EMA$74,500Ethereum leads large-cap recoveryEthereum stands out among the major cryptocurrencies for its technical strength in recent sessions. The asset, known for powering the largest decentralized application ecosystem, has effectively regained its 26-day and 50-day EMAs and is pushing toward the pivotal 100-day EMA at $1,944. ETH is currently trading near $1,920 and recently broke out of a minor ascending consolidation, indicating renewed demand.

Momentum and volume have improved, supporting the rally, while the RSI has moved up to 66, approaching overbought territory but still suggesting room for bullish continuation. Technical analysts point to $1,944 as Ethereum’s critical upside barrier in the short run. Clearing this could enable a move to the 200-day EMA at $2,217, especially given improved market sentiment since ETH set a higher low after the June capitulation event.

Ethereum continues to demonstrate clear outperformance among large-cap cryptocurrencies, with technical momentum and buying pressure resulting in steady gains above recent support levels.

Should Ethereum fail to clear the 100-day EMA, analysts anticipate further sideways trading between $1,750 and $1,950 until the market establishes a firmer directional consensus.

XRP faces ongoing resistanceXRP, the native token of payments-focused blockchain company Ripple, remains trapped beneath a cluster of closely grouped moving averages. XRP is trading near $1.12 and has struggled to rise above its 50-day and 26-day EMAs—currently at $1.15 and $1.14, respectively. Each attempt to break out above a descending resistance line established in July has met renewed selling activity, keeping upward momentum in check.

Despite these challenges, XRP has stabilized above the psychological $1 level. The RSI has edged back above 50, a solid sign of improving balance between buyers and sellers, but all major trend indicators—including the 100-day EMA at $1.25 and 200-day EMA at $1.46—remain overhead. Volume has also remained subdued, pointing toward a period of consolidation rather than a robust turnaround.

XRP bulls are watching for a move above the short-term moving averages. Success could allow the asset to challenge resistance at $1.25, while failure prompts a possible retest of support between $1.00 and $1.05.

Zcash emerges as a bullish outlierPrivacy-focused cryptocurrency Zcash (ZEC) has outperformed much of the market by reclaiming all major moving averages. Price has moved above the 26-day, 50-day, 100-day, and 200-day EMAs, resulting in a definitive bullish market structure. The RSI above 66 highlights persistent buyer participation without signals of major overheating, and trading volume has remained consistently strong throughout its recent ascent.

The latest breakout above the $520–$540 range invalidated the corrective pattern that followed June’s heightened volatility, with buyers repeatedly supporting the market at critical levels. ZEC now faces initial resistance around $600, with prior swing highs noted between $650 and $700.

ZEC will remain technically favored as long as it holds above $500 support, positioning itself as a notable bullish exception among large- and mid-cap tokens in the current market environment.

Mini dictionary: Zcash (ZEC): A privacy-focused cryptocurrency launched in 2016, Zcash utilizes advanced cryptographic techniques called zk-SNARKs to enable shielded (private) or transparent transactions, offering enhanced user privacy compared to most blockchains.

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.

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of International Bloom Energy Corporation (“Bloom” or “the Company”) (NYSE: BE) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Bloom is the subject of a research report published by Hunterbrook on July 8, 2026. The report claims that the Company “is, in fact, reliant on C5 Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook's messages with Bloom's suppliers in China." The Company has claimed it is “not dependent on China for scandium.”

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford announced the appointment of Randy Larsen to the company's Board of Directors, effective Sept. 1. He will serve on the board's Finance, Investment and Risk Management Committee, as well as the Nominating and Corporate Governance Committee. “Randy is a highly respected insurance-industry leader with deep expertise in transforming and scaling complex organizations and driving profitable growth,” said The Hartford's Chairman and CEO Christopher Swift.

Activewear company Lululemon has invested in the $30 million Series A round raised by Syntetica, a French startup that developed a novel approach to recycling nylon, whose properties make it both too good to give up but hard to reuse.

Syntetica promises to recycle two types of nylon — Nylon 6 and Nylon 6,6 — that can’t easily be sorted out from each other in the textile waste collected from consumers, its CEO Marco Bertone told TechCrunch.

With tons of clothing ending up in landfills each year, one key reason for the fashion industry to invest in more circularity is customer perception, especially for premium apparel brands. Startups like Syntetica also benefit from regulatory tailwinds, and from recent price volatility that unusually affected nylon.

In the last six months, geopolitical turmoil in the oil industry has led to quarterly or weekly nylon price renegotiations, Bertone said. “It’s been a wake-up call to many brands that have been relying on petrol-sourced nylon and petrol-sourced synthetics for pricing and convenience, and which today have seen massive shocks to their system.”

According to Bertone, this is a good fit for Syntetica’s pragmatic approach. “We have built the company with the clarity that there’s no green premium. That if you want to scale real solutions for a sustainable world, it needs to be cost competitive, highly scalable, and you need to build partnerships from the very start.”

The startup’s partners include brands like Lululemon, but also Victoria’s Secret and Etam, with a recycling project that could go to market early next year. Syntetica’s Series A was also backed by a large apparel manufacturer, MAS Holdings — “a recognition of how significant the problem has become,” Bertone said.

It is indeed quite unusual for a supply chain actor to invest in a player that hasn’t scaled yet. But before its Series A, Syntetica had already closed a partnership with Michelin’s Centre for Sustainable Materials to establish a commercial demonstration facility in the industrial company’s French hometown, Clermont-Ferrand.

Unlike other startups in its field, Syntetica won’t produce textile itself, let alone a novel material. The product of its recycling process will be pellets, which can then be used by others to make yarn for the likes of MAS. “It’s a story of pragmatic industrial partnerships with the right players to get buy-in from the whole value chain,” Bertone said.

With a background in fashion and second-hand e-commerce, Bertone is the business guy at Syntetica. But through Entrepreneur First’s matchmaking-style accelerator hosted at Paris campus Station F, he teamed up with chemistry researcher Louis Monsigny. The duo then cemented their collaboration in Reims, where they made use of AgroParisTech’s lab. 

Since then, they have also hired a CTO, Ash Ward, who previously worked for failed battery company Northvolt, whose cofounder Peter Carlsson is also one of Syntetica’s advisors. For Bertone, their scars and first-hand experience with the ups and downs of scaling give them experience on when and where to take risks. 

“As a startup, we have to be comfortable taking more risks than industrials; otherwise, there would be no innovation. But there’s also a line— when you parallelize too many risks, then it can become complex,” he said. That’s also why Syntetica isn’t diversifying just yet. 

Although it could eventually recycle other materials or serve other industries, its focus is on using its funding to demonstrate its ability to produce hundreds of tons of pellets per year and deliver them to clients in the clothing supply chain. After that, Bertone said, “Syntetica will be building facilities around the world, close to waste sources and close to textile production.”

While it has global ambitions, the startup benefits from being based in France. Its Series A was led by the Ecotechnologies 2 fund managed by the Green Venture team at Bpifrance, France’s public investment bank as part of the France 2030 plan. It has also received support from the European Innovation Council (EIC) with equity, grants and via its acceleration program.

For these public backers, startups like Syntetica are part of a broader plan to strengthen Europe’s industrial capabilities while reducing reliance on fossil fuels. But the startup also hopes to generate returns, and is also backed by private investors including EQT Ventures, SWEN Capital Partners and family offices.

Syntetica has competitors, too — some using an enzymatic approach to “eat” plastics, but also chemical giant BASF, which developed recycled nylon. Still, after attending industry events, Bertone hopes they will all grow. “If everyone were to scale to tens of factories, we still wouldn’t solve this problem,” he said. “Everyone needs to succeed for us to succeed as a society.”

Lululemon has also invested in other textiles recycling startups such as Epoch Biodesign and Samsara Eco.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Anna Heim is a writer and editorial consultant.

You can contact or verify outreach from Anna by emailing annatechcrunch [at] gmail.com.

As a freelance reporter at TechCrunch since 2021, she has covered a large range of startup-related topics including AI, fintech & insurtech, SaaS & pricing, and global venture capital trends.

As of May 2025, her reporting for TechCrunch focuses on Europe’s most interesting startup stories.

Anna has moderated panels and conducted onstage interviews at industry events of all sizes, including major tech conferences such as TechCrunch Disrupt, 4YFN, South Summit, TNW Conference, VivaTech, and many more.

A former LATAM & Media Editor at The Next Web, startup founder and Sciences Po Paris alum, she’s fluent in multiple languages, including French, English, Spanish and Brazilian Portuguese.

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300+ nonprofit partners, customers and communities united to provide 49 million meals to children and families facing hunger

BOISE, Idaho--(BUSINESS WIRE)--Albertsons® Companies, Inc. (NYSE: ACI) and Albertsons Companies Foundation (“The Foundation”) today announced the results of the inaugural “Nourish the American Dream,” a first-of-its-kind nationwide campaign to help end childhood hunger across the United States. Together with more than 300 nonprofit partners, customers and communities, the campaign generated more than $12.2 million in support for childhood hunger relief nationwide, surpassing its original $5 million fundraising goal.

“Every child deserves the opportunity to grow, learn and pursue their dreams, and reliable access to nourishing food is foundational to that opportunity,” said Christy Duncan Anderson, President and Executive Director of the Albertsons Companies Foundation. “The success of Nourish the American Dream reflects the deep commitment of Albertsons Companies, our Foundation and our partners to creating meaningful change for children and families facing hunger. Surpassing our goal is an important milestone, but our work does not stop here. We are committed to building on this momentum through continued collaboration and our year-round Nourishing Neighbors initiative to help ensure children have the nourishment they need to thrive.”

Campaign Impact at a Glance:

$12.2 million+ mobilized to support childhood hunger relief across the country, including $2.5 million matched by Albertsons Companies Foundation 49 million meals supported through campaign contributions 300+ nonprofit partners united nationwide 17,000+ donors contributed to participating nonprofit organizations “The Nourish the American Dream campaign is a powerful example of what's possible when food banks across the country unite around a shared goal,” said Rebecca Snyder, Director of Corporate Partnerships at Feeding Westchester. “By bringing together hundreds of organizations nationwide, we've built a movement focused on nourishing every child's potential. Here in Westchester County, where 41% of households are at risk of hunger, that kind of nationwide momentum translates directly into meals on tables for kids who need them most. This campaign proves that real progress is possible when communities, donors and partners show up together."

“One of the most rewarding moments is seeing how a single campaign becomes something much bigger than a donation,” said Carol Marie Howell, Executive Director at Reaching Out to Community and Kids. “Every dollar given was doubled, allowing local families to receive twice the support during a time when food insecurity remains a daily challenge. Watching neighbors, businesses, hospitals, foundations and individuals come together reminds me that the strongest communities are built when people invest in one another. This campaign didn’t just provide food, it strengthened hope, dignity and the belief that no one in our community has to face hardship alone.”

"The Food Bank of Lower Fairfield County is extremely grateful for the opportunity to participate in this campaign,” said Duncan Lawson, Executive Director at The Food Bank of Lower Fairfield County. “We noticed that 30% of the donors that contributed to this campaign were new donors. These new partnerships don't just help us meet the immediate demand today; they strengthen our foundation so we can continue fighting food insecurity in the months and years to come."

“Nourish the American Dream” will continue to grow as a signature initiative of the Albertsons Companies Foundation, complementing the Foundation's year-round Nourishing Neighbors program.

For more information on “Nourish the American Dream,” click here.

Download campaign images, assets and video here.

About Albertsons® Companies, Inc.

Albertsons Companies is a leading food and drug retailer in the United States. As of Feb. 28, 2026, the Company operated 2,244 retail stores with 1,713 in-store pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 35 states and the District of Columbia under 22 well known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2025, along with the Albertsons Companies Foundation, the Company contributed $497 million in food and financial support, including $56 million through its Nourishing Neighbors Program, to ensure those living in its communities and those impacted by disasters have enough to eat. Albertsons, Safeway, Vons, Jewel-Osco, Tom Thumb, Randalls, United Supermarkets, Pavilions, Haggen and Balducci's Food Lovers Market are registered trademarks of Albertsons Companies Inc. or its subsidiaries. ACME, Carrs, Kings Food Markets, Shaw's and Star Market are trademarks of Albertsons Companies Inc. or its subsidiaries. Albertsons associated logos, product names and services are trademarks of Albertsons Companies, Inc. All other trademarks are the property of their respective owners.

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New F5 Insight workflows help enterprises update BIG-IP fleets faster, more safely, and with greater accountability as AI accelerates vulnerability response timelines

SEATTLE--(BUSINESS WIRE)--F5 (NASDAQ: FFIV), the global leader in delivering and securing every app and API, today announced new fleet management capabilities for F5 Insight for ADSP that help enterprises reduce risk exposure across F5 BIG-IP environments as frontier AI compresses vulnerability response timelines. The new F5 Insight workflows give security and operations teams fleet-wide visibility, guided update management, enterprise authentication, role-based access controls, and a tamper-evident AI audit trail. This enables customers to move from identifying risk to taking accountable action across large, distributed application delivery and security fleets.

The new capabilities build on F5’s move to monthly hardened software releases and reflect a broader shift in how F5 helps customers respond to AI-accelerated threats. As vulnerability response timelines shrink, enterprises need more than faster fixes. They need the operational control to understand what is exposed, prioritize updates, execute changes safely, and maintain a clear record of action across complex environments.

“Frontier AI has fundamentally altered both sides of cybersecurity,” said Kunal Anand, Chief Product Officer at F5. “It gives defenders powerful new ways to harden software, and it gives attackers faster ways to find and exploit vulnerabilities. F5 is meeting that shift end-to-end. We are changing how we build, harden, and deliver software, and we are giving customers the operational control to move at the same speed. F5 Insight helps teams see what needs attention, update critical infrastructure safely at scale, and prove what changed, when, and by whom. That is what resilience looks like in the frontier AI era.”

Fleet management: From shipped fix to reduced risk

F5 Insight for ADSP v1.2 introduces fleet management workflows for BIG-IP devices, streamlining and simplifying the software update and patching process. Operations teams can see the software version, update readiness, and security posture of every device in their estate, then stage and execute updates across standalone deployments, HA pairs, and fleet segments with guided workflows designed to minimize downtime risk. Key capabilities include:

Fleet-wide software lifecycle visibility: A single view of which devices are current, which are exposed, and which require action across the entire estate.Guided update workflows: Standardized processes to stage, validate, and execute TMOS updates.Pre-execution readiness checks: Validation aligned to fleet and HA architectures so teams can move fast without destabilizing production.Update status tracking: Fleet-wide visibility into update progress during maintenance windows, keeping teams and leadership aligned.With this solution, patching is no longer a scheduled maintenance activity. It is a security capability. F5 enables organizations to move from “fix available” to “risk reduced in production” faster, delivering a meaningful defensive advantage.

Governance controls for AI-assisted operations

As AI becomes part of day-to-day operations, organizations need to document what happens: what the AI accessed, what it recommended, who approved the action, and what the outcome was. F5 Insight now offers governance-grade controls for AI-assisted operations designed to support auditability and defensibility, including:

Enterprise authentication: Integration with existing identity providers through LDAP and SAML SSO eliminates separate credential stores and simplifies adoption across teams.Role-based access controls: Least-privilege access ensures the right people see the right data and can take the right actions without over-provisioning visibility or operational authority.Tamper-evident AI audit trail: Every interaction with the AI assistant is captured in a tamper-evident record with controlled access and 30-day retention.These controls are essential for organizations in regulated industries or under compliance mandates where accountability for every operational action, whether taken by a person or an AI, must be documented.

Operational intelligence that connects visibility to action

F5 Insight continues to deliver unified observability and AI-driven intelligence, now strengthened by fleet management context. Through MCP integration and support for popular large language models, operations teams can query their fleet data in natural language, surface which applications and policies are exposed by a given vulnerability, and receive prioritized action plans built from F5 domain expertise. Pre-configured queries from F5 experts are available alongside the ability to ask custom questions, giving teams operational guidance tailored to their environment.

F5 Insight for ADSP is available as self-managed software, with a SaaS model forthcoming. Fleet management capabilities are available now for BIG-IP environments.

Supporting resources

Blog: Announcing new fleet management capabilities within F5 Insight for ADSPBlog: A faster release cadence: What’s changing at F5, and what you need to doBlog: The operational reality of AI-era security and how we’re helping you meet itWebinar: How F5 Insight for ADSP updates transform BIG-IP operationsProduct trial: F5 Insight for ADSPAbout F5

F5, Inc. (NASDAQ: FFIV) is the global leader that delivers and secures every app. Backed by three decades of expertise, F5 has built the industry’s premier platform—F5 Application Delivery and Security Platform (ADSP)—to deliver and secure every app, every API, anywhere: on-premises, in the cloud, at the edge, and across hybrid, multicloud environments. F5 is committed to innovating and partnering with the world’s largest and most advanced organizations to deliver fast, available, and secure digital experiences. Together, we help each other thrive and bring a better digital world to life.

For more information visit f5.com
Explore F5 Labs threat research at f5.com/labs
Follow to learn more about F5, our partners, and technologies: Blog | LinkedIn | X | YouTube | Instagram | Facebook

F5 and BIG-IP are trademarks, service marks, or tradenames of F5, Inc. or its affiliates in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.

Source: F5, Inc.

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Gold prices fell in Philippines on Thursday, according to data compiled by FXStreet.

The price for Gold stood at 7,991.38 Philippine Pesos (PHP) per gram, down compared with the PHP 8,043.44 it cost on Wednesday.

The price for Gold decreased to PHP 93,209.88 per tola from PHP 93,817.09 per tola a day earlier.

Unit measure

Gold Price in PHP

1 Gram

7,991.38

10 Grams

79,913.78

Tola

93,209.88

Troy Ounce

248,559.80

FXStreet calculates Gold prices in Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

(An automation tool was used in creating this post.)

The GBP/USD pair trades with mild losses around 1.3535 during the early European trading hours on Thursday. Markets might turn cautious ahead of the UK Gross Domestic Product (GDP) report and the US Retail Sales data, which are due later on Thursday.

Traders raise their bets on rate hikes from the Bank of England (BoE) this year, given the expected impact on inflation from higher oil prices. Money markets are fully pricing in a hike by the November policy meeting, with a second rate hike priced in by April 2027, according to Reuters. Prior to the US-Iran war, traders had been expecting the BoE to lower interest rates twice this year.

Technical Analysis:In the daily chart, GBP/USD extends its advance above the 100-day simple moving average (SMA) and comfortably above the 20-day Bollinger middle band, which together reinforce a bullish near-term bias. The pair is now pressing the upper Bollinger band around 1.3534, suggesting a stretched but still constructive upswing, while the Relative Strength Index (14) at about 65 hints at firm bullish momentum that is edging toward overbought territory rather than outright exhaustion.

On the downside, immediate support is seen at the 100-day SMA at 1.3400, with the Bollinger middle band at 1.3325 providing a deeper cushion if a corrective pullback unfolds. A more pronounced decline would likely target the recent volatility floor around the lower Bollinger band near 1.3117. On the upside, the first upside barrier emerges at the May 8 high of 1.3637. Any follow-through buying above this level could pave the way to the 1.3700 psychological level. 

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Pound Sterling FAQs The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data. Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE).

The single most important factor influencing the value of the Pound Sterling is monetary policy decided by the Bank of England. The BoE bases its decisions on whether it has achieved its primary goal of “price stability” – a steady inflation rate of around 2%. Its primary tool for achieving this is the adjustment of interest rates. When inflation is too high, the BoE will try to rein it in by raising interest rates, making it more expensive for people and businesses to access credit. This is generally positive for GBP, as higher interest rates make the UK a more attractive place for global investors to park their money. When inflation falls too low it is a sign economic growth is slowing. In this scenario, the BoE will consider lowering interest rates to cheapen credit so businesses will borrow more to invest in growth-generating projects.

Data releases gauge the health of the economy and can impact the value of the Pound Sterling. Indicators such as GDP, Manufacturing and Services PMIs, and employment can all influence the direction of the GBP. A strong economy is good for Sterling. Not only does it attract more foreign investment but it may encourage the BoE to put up interest rates, which will directly strengthen GBP. Otherwise, if economic data is weak, the Pound Sterling is likely to fall.

Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period. If a country produces highly sought-after exports, its currency will benefit purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

Solana has become the No. 1 blockchain by RWA holders after the network surpassed 300,000 RWA holders for the first time.

Data from rwa.xyz shows Solana now has 300,130 RWA holders, a new all-time high that puts the network ahead of other major blockchain ecosystems by holder count. The milestone adds to a string of records for Solana's growing tokenized asset market in 2026.

Solana's RWA Market Holds Above $3 Billion The total value of distributed real-world assets on Solana currently stands at approximately $3.32 billion. At the start of July, the ecosystem reached another milestone when its total RWA value briefly rose to an all-time high of $3.62 billion.

Solana now hosts more than 2,120 different kinds of RWAs, highlighting the expanding range of tokenized products available on the network.

Stablecoins still account for the largest share of tokenized asset value. However, tokenized equities, private credit products and other institutional assets continue to gain traction as issuers and financial platforms expand their onchain offerings.

The growth in the number of holders suggests the expansion has also begun to reach a broader user base. Solana now leads Plume, Ethereum, and BNB Chain by the number of RWA holders, and is now gradually closing the gap to Ethereum in terms of total RWA market value.

Tokenized Equity Trading Hits $3.47 Billion Record Tokenized equities have emerged as one of the fastest-growing parts of Solana's RWA ecosystem. Solana recorded $3.47 billion in tokenized equity spot trading volume in June 2026, marking a new monthly all-time high. The network also captured more than 96% of tokenized equity trading volume across blockchains during the month.

June's volume represented a sharp acceleration from previous months, and the figures show that Solana's RWA growth now extends beyond assets simply existing onchain. Traders are increasingly using the network as a venue for secondary market activity in tokenized stocks.

Wall Street Pushes Tokenization Solana's latest records come as traditional financial institutions accelerate their own tokenization efforts. Earlier today, July 15, the Depository Trust & Clearing Corporation successfully converted securities held at the Depository Trust Company into tokens and used them in real production trades. More than 30 traditional and digital market firms participated in the initiative, which DTCC described as its largest tokenization production effort by use cases, asset classes, and participants.

The tests covered collateral pledges, securities lending, U.S. Treasury and repo delivery-versus-payment trades, equity trades, token transfers and central counterparty margin workflows. Participants included BlackRock, Goldman Sachs, J.P. Morgan, Nasdaq, the New York Stock Exchange, Circle, Chainlink, Ondo Finance, Vanguard and several other major financial and digital asset firms.

DTCC plans to launch its Tokenization Service in October 2026. The service will allow DTC participants to create tokenized representations, or digital twins, of securities held at DTC and deliver them to approved wallets. Participants can also convert assets between traditional and tokenized forms.

A similar two-way mechanism is already live on Solana through some tokenized stock products offered by Backpack. Holders can redeem tokenized stocks for the underlying shares and transfer those shares to traditional brokerage accounts. Eligible shares can also move in the opposite direction, allowing investors to convert conventional securities into tokenized shares on Solana.

The mechanism also accounts for dividends and corporate actions. Traditional brokerage infrastructure processes these events for securities held through Backpack Securities, while tokenized stockholders receive equivalent economic treatment through onchain mechanisms.

Airbnb CEO Brian Chesky recently argued that something meaningful is emerging beneath the noise around RWAs, saying, “Most people won’t notice the plumbing change underneath. They’ll just wake up one day and owning anything, anywhere, will feel obvious.”

Chesky’s comments reflect a broader shift in how major figures in the technology and financial industries view tokenization. Rather than treating RWAs solely as a crypto trend, more established players are exploring how blockchain infrastructure could change the way people issue, hold, and transfer ownership of real-world assets.

Read More on SolanaFloor Claynosaurz Lands on Amazon Prime Video as Solana NFT Brand Goes Mainstream
Pump.fun Faces $121M Token Unlock as Robinhood Takes Memecoin Market Share

Wen $PUMP Airdrop?

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Solana (SOL) is poised to reclaim its $250 all-time high, according to one long-term analysis of the 3-day SOL/USDT higher-timeframe chart.

Solana chart forecasts strong upside momentum to $250As seen in the chart below, Solana appears to be carving out a robust, long-term accumulation pattern that could catalyze massive upward momentum. The analyst emphasizes “zooming out” to filter out minor market volatility and focus through a macroscopic lens.

Source: X

At the time of writing, SOL was trading at $77.51, implying that a move to $250 would require a 220% increase. To achieve this, SOL buyers must first aggressively absorb supply to overcome several resistance zones.

Source: CoinMarketCap

The first is the $79-$85 congestion zone, where more than 105 million tokens have historically changed hands. Breaking past this zone would invalidate near-term bearish movement and build confidence around a breakout to $250.

Another key resistance zone is the $100 psychological barrier, which is currently a multi-month ceiling. Crossing above the three-figure mark would pave the way for a mid-term extension to $120-$150, and eventually to $200.

Ecosystem developmentsSince October 2025, institutions have been continuously applying for Solana exchange-traded funds (ETFs). Just yesterday, Morgan Stanley updated its filing for a Solana ETF with the US Securities and Exchange Commission (SEC).

Even more, while Ethereum leads in terms of asset tokenization, institutions prefer Solana for its high throughput and lower gas fees. The network also eliminated any chance of outages through last year’s Firedance upgrade. Even more, Solana offers a unique staking advantage in its ETFs as compared to Ethereum. 

Beyond sustaining high trading volumes, these developments are key to maintaining the magnitude of the rally mentioned above.

The outlookThat said, Solana could experience near-term resistance and consolidation, even as long-term structural momentum continues to brew.

Additionally, Solana buyers need to maintain prices above the $74-$75 baseline to invalidate false breakdowns and establish a springboard for localized rebounds. Should this fall through, the lower Bollinger Band suggests a deeper retest down to $68.57. Prolonged trading below $70 has historically led to price consolidation in a strict range prior to recovery.

Story Ends Here

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OKX, the prominent crypto exchange, has recently introduced Unified Tokenized Stocks. Particularly, OKX is offering round-the-clock trading availability for U.S. exchange-traded funds (ETFs) and stocks. As per OKX’s official press release, the exclusive offering permits consumers to gain seamless exposure to well-known equities via blockchain-native assets that are traded on its spot market. Hence, the move allows the crypto exchange to eliminate the restrictions of conventional Wall Street trading hours while also delivering uninterrupted interaction with the market.

Blue-chip US stocks deserve more than Wall Street hours.

Introducing Stock and ETF tokenized markets – global trading 24/7

We're the first global exchange to launch unified tokenized stock markets, built to bring multiple issuers into shared liquidity.

— OKX (@okx) July 15, 2026 OKX Introduces 24/7 Inclusive Tokenized Stock Market Supporting X Layer and Solana The launch of Unified Tokenized Stocks with 24/7 availability positions OKX as the earliest crypto exchange that provides an inclusive tokenized stock ecosystem. With this move, investors can effectively trade diverse tokenized ETFs and equities with the use of $USDT whenever required, including holidays and weekends.

Specifically, the new initiative lets consumers trade tokenized versions of leading ETFs and stocks, with every asset ticker starting with an “X” prefix. The key examples include Apple’s XAAPL, NVIDIA’s XNVDA, and Tesla’s $XTSLA. The tokenized forms of the stock that diverse providers issue can reportedly be consolidated into an inclusive tradable asset on the crypto exchange. This develops a shared liquidity setting and a streamlined corporate-action model.

At the product’s launch, it is supported by xStocks and backs withdrawals and deposits on both the X Layer and Solana networks. $USDT is used to quote trading pairs, permitting crypto-native consumers to enjoy stock market exposure while facing no need to convert funds into local fiat currencies or open a conventional brokerage account.

Bridging Crypto Markets with Traditional Finance Apart from that, the 24/7 availability is a crucial element of the latest marketplace. While conventional U.S. equity markets work during particular trading sessions, the new initiative remains operative without any time limitations. Outside of the normal market hours, prices are determined through the exclusive closing values merged with exclusive market estimates.

With this structure, traders can react rapidly to macroeconomic developments, earnings announcements, and other key news events irrespective of the time of their occurrence. Simultaneously, the dividend distribution is another notable feature that enables reinvestment of the value at the issuer scale instead of direct dividend payment in cash.

In this respect, trading operations continue without any interruption. Keeping this in view, Unified Tokenized Stocks provides price exposure to the core ETFs and stocks rather than granting the underlying companies’ ownership. Overall, the launch is anticipated to broaden blockchain-powered access to conventional financial markets to further fill the gap between traditional equities and digital assets.

AUTHOR

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

Visa has released a joint research report with Artemis titled *Agentic Payments from the Ground Up*, which analyzes the development of AI agent payments and on-chain data. The report divides AI agent payments into two main categories: one is "large commercial payments" where agents complete tasks such as flight bookings and subscription management on behalf of users; the other is small-value machine-to-machine payments, including API calls and compute resource purchases, typically under $1. The machine payment protocol x402—incubated by Coinbase and Cloudflare and later managed by the Linux Foundation—has processed an adjusted trading volume of approximately $15 million and around 109.6 million cumulative transactions since its launch in May 2025, with primary activity concentrated on the Base, Solana, and Polygon networks. Another machine payment protocol, the Machine Payments Protocol (MPP), built by Stripe and Tempo with contributions and support from Visa, has completed roughly $25,000 in settlements and processed about 115,000 transactions since its launch in March 2026. Visa noted that the growth of AI agent payments is driving demand for low-cost, high-frequency machine-native payment infrastructure, and stablecoins and blockchain networks are likely to become key components of micro-payment scenarios. The report concludes that future payment systems will not see a single replacement of bank cards or stablecoins, but rather a convergence of both across different use cases.

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Fidelity International plans to resume increasing its gold holdings, stating that its long-term bullish thesis for gold remains unchanged.

Asset management firm Fidelity International said it plans to rebuild its gold positions trimmed earlier this year, noting that gold’s long-term growth drivers remain strong. Fidelity’s multi-asset portfolio manager Ian Samson recently stated: “Our plan is to add to gold positions again; the only question is timing.” He added that he cut his gold allocation to a neutral level between January and February this year, a period when gold’s multi-year bull market abruptly ended. Samson forecasts the gold market will re-enter a bull market at some point in 2027. The logic behind a return to a bull market would only be undermined if “governments return to fiscal discipline and central banks are truly committed to bringing inflation back down,” he said, adding: “But I don’t think we are in that world right now.” Samson also noted that central banks’ continued gold purchases—a key driver of the previous gold bull market—will continue to underpin gold prices. (Source: Jin10)

19 minutes ago

A trader, after incurring total losses of $4.89 million, took a large long position in BTC and currently holds a BTC long position valued at $5.43 million.

According to OnchainLens monitoring, a trader who has suffered a total loss of $4.89 million has once again taken a heavy long position. Currently, the trader holds 84 BTC long positions worth approximately $5.43 million with 40x leverage. The account also holds long positions in HYPE valued at around $290,000 and long positions in PUMP worth roughly $148,000. Additionally, the trader has placed a limit buy order for 6.56 BTC, worth about $424,000, at a price of $64,600.

19 minutes ago

Yesterday, U.S. Bitcoin spot ETFs recorded a net inflow of $107.7 million, while U.S. Ethereum spot ETFs saw a net inflow of $53.9 million.

According to data from Farside Investors, U.S. spot Bitcoin ETFs saw a total net inflow of $107.7 million yesterday. Among them, BlackRock’s IBIT attracted $80.8 million, Fidelity’s FBTC recorded $16.9 million in net inflows, Grayscale’s Bitcoin ETF posted $10 million, while all other ETFs had zero net flows for the day. In the same period, U.S. spot Ethereum ETFs totaled a net inflow of $53.9 million. Breakdown shows BlackRock’s ETHA brought in $45.3 million, ETHB had $4 million, Grayscale’s Ethereum ETF recorded $4.6 million, with all other ETFs registering no net inflows on the day.

19 minutes ago

South Korean media reported that Jensen Huang highly praised SK Hynix for its listing on the Nasdaq.

According to South Korean media reports, SK Hynix has raised a massive sum of up to 40 trillion won (approximately $307.6 billion) via its listing on the U.S. Nasdaq market, with the goal of consolidating its leadership in the artificial intelligence (AI) semiconductor market. Jensen Huang, CEO of NVIDIA (NVDA.O) — the global leader in the AI chip sector — extended warm congratulations on the listing. Per industry sources, on July 16, after concluding an event held in Tokyo, Japan, the day before, Huang expressed extreme delight over the listing of SK Hynix's American Depositary Receipts (ADRs), calling it "extremely successful". (Jinshi)

19 minutes ago

Analysis: Changxin Technology’s profit range for winning one IPO lot is estimated to be between 3,000 yuan and 26,000 yuan.

According to Cailian Press, investors who win the IPO allotment for Changxin Technology’s current offering will receive one lot of 500 shares, requiring a total payment of 4,330 yuan. Under four valuation scenarios—conservative, neutral, optimistic, and ultra-optimistic—Changxin Technology’s valuation would reach 1 trillion yuan, 1.5 trillion yuan, 2.3 trillion yuan, and 4.25 trillion yuan respectively. Based on the estimated market capitalization range of 1 trillion to 4 trillion yuan, its first-day post-listing price increase is projected to fall between 70% and 600%. Compared to the issue price of 8.66 yuan, the profit potential per lot is approximately 3,000 yuan to 26,000 yuan.

19 minutes ago

Bank of America Market Survey: Majority of investors do not believe the AI bull market has peaked, with the rally set to continue in the second half of the year.

Bank of America (BofA)’s latest investor survey reveals market sentiment toward AI capital expenditure is growing more nuanced. Most investors do not think the AI spending boom has peaked, and still expect this wave of expenditure to continue in the second half of the year. At the same time, concerns are rising over hyperscalers’ excessive spending pace, debt pressure and credit risks. The survey shows investors are not broadly betting on the end of the AI cycle. Instead, the market still believes large platforms including Microsoft, Amazon, Alphabet and Meta will keep expanding investments in data centers, GPUs and power infrastructure. The problem is that the pace of capital expenditure growth has become so fast that some investors are starting to worry about free cash flow, share repurchase capacity and balance sheet flexibility. Per BofA’s survey methodology, AI has evolved from a pure growth story to a capital discipline issue. Over the past two years, the market rewarded companies for heavy AI investments; now, investors are starting to question the return periods of these investments, depreciation pressures, and whether cloud providers will be forced into overbuilding amid competition.

19 minutes ago

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University of Windsor’s hybrid steam-electric chiller project recognized for pioneering campus decarbonization in Canada

OTTAWA, Ontario--(BUSINESS WIRE)--The International District Energy Association (IDEA) has named Johnson Controls the recipient of the 2026 Joseph M. Brillhart Innovation Award for its work on the University of Windsor’s hybrid steam-electric chiller project. The project is expected to deliver 82% of the university’s 2030 greenhouse gas reduction target, reduce grid electricity demand by approximately 60% during Ontario’s peak demand periods, and generate significant cost savings by leveraging recovered steam instead of grid electricity.

The winning submission, “Pioneering Campus Decarbonization: Advancing Hybrid Steam-Electric Innovation at the University of Windsor,” highlighted how Johnson Controls helped the University of Windsor become the first higher education institution in Canada to implement a dual-drive hybrid steam-electric turbine chiller. The project transforms the campus’ waste heat into self-generated power, enabling the university to reduce electric grid demand during costly peak periods while advancing its long-term sustainability goals.

“The 2026 Innovation Award competition entries represented a variety of new products, software, and operational ideas, some of which have not been seen before in district energy applications,” said Robert Smith, Vice President at RMF Engineering, Inc. “Johnson Controls and University of Windsor blended two types of machinery to offer unique operational flexibility in solving energy and environmental challenges.”

Prior to the project, the university’s Energy Conversion Centre (ECC) accounted for approximately 40% of campus energy needs and its legacy boiler-steam system was responsible for roughly 88% of total campus emissions. Johnson Controls replaced an aging gas-fired boiler in the ECC with a 1,200-ton YORK® YST Steam Turbine Centrifugal Chiller paired with a 24,000-lbs/hour Heat Recovery Steam Generator (HRSG), allowing the plant to capture exhaust steam and redirect it as a thermal energy source during peak demand events.

The University of Windsor is classified as a Class A electricity customer in Ontario, meaning its Global Adjustment (GA) electricity costs are tied directly to its share of the province’s top five peak demand hours each year. By operating the hybrid chiller on recovered steam during those hours (accounting for an estimated 140 hours annually), the university can reduce its grid electrical demand by approximately 60% during peak events. Each megawatt of demand avoided translates to as much as $300,000–$400,000 per year in avoided GA costs. The project is also projected to deliver 82% of the university’s 2030 greenhouse gas emissions reduction target and received $200,000 in incentives through the Enbridge Gas Energy Efficiency Program.

“On behalf of everyone at Johnson Controls, we're honored to receive this recognition from IDEA. This project was made possible through a true partnership with the University of Windsor and what we accomplished together goes well beyond optimizing campus efficiency,” said James Rosner, Principal Advisor – Higher Education (North America), Johnson Controls. “We fundamentally changed the way the university uses energy, turning a legacy system into one that advances both its decarbonization goals and its long-term financial resilience. We're grateful to IDEA and proud of what this team built."

“The University of Windsor project is exactly the kind of work the Innovation Award was created to recognize,” said Rob Thornton, President and CEO of IDEA. “Johnson Controls found a way to leverage and modernize an existing campus district energy system into a more strategic asset. The result is a campus that is cleaner, more resilient, and better positioned financially. This is a model other institutions across North America should be watching closely.”

The installation itself required significant ingenuity. The ECC’s utility tunnel imposed tight load constraints, requiring the 1,200-ton chiller to be assembled piece-by-piece on-site and moved into place. The drives were arranged in-line rather than in parallel to fit within the existing footprint. The plant’s location directly adjacent to the Ambassador Bridge, one of the busiest border crossings between the United States and Canada, required coordination with the Canada Border Services Agency for crane operations.

IDEA also recognized Corix with an Honorable Mention for its Burnaby Mountain District Energy Utility (BMDEU) submission, which demonstrated how a biomass-powered district energy system serving Simon Fraser University and the adjacent UniverCity community has achieved an 85% reduction in campus GHG emissions and is operating at industry-leading efficiency levels.

“Through a single project, we reduced emissions across SFU’s campus and the surrounding community by over 80% annually, and through ongoing optimizations, we’re now consistently exceeding 90%. This recognition speaks to the power of collaboration and technical excellence in advancing decarbonization,” said Paul Holt, Vice President, Engineering & Operations, Corix.

The award was presented at IDEA2026, the organization’s annual conference and trade show, held June 23–26 in Ottawa, Ontario, Canada. Now in its 14th year, the Innovation Award recognizes IDEA members who demonstrate emerging best practices, applied technology, and the value of industry collaboration. The award is named in honor of Joseph M. Brillhart, a former IDEA Board Chair and long-time Johnson Controls employee, who passed away in 2023.

You can view this year’s awards ceremony here.

About Johnson Controls
Johnson Controls, a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization, helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in rapidly expanding industries such as data centers, healthcare, pharmaceuticals, advanced manufacturing, and higher education.

For more than 140 years, Johnson Controls has delivered performance where it really matters. Backed by advanced technology, lifecycle services and an industry-leading field organization, we elevate customer performance, turn goals into real-world results and help move society forward.

Visit johnsoncontrols.com for more information and follow @Johnsoncontrols on social platforms.

About IDEA
The International District Energy Association (IDEA) is a 501(c)(6) nonprofit industry association founded in 1909 and based in Massachusetts, USA. Representing nearly 3,000 members across more than 30 countries, IDEA champions district heating, district cooling, thermal networks, and combined heat and power (CHP) as reliable, efficient, and sustainable solutions. Its mission is to foster the success of its members as global leaders in advancing energy efficiency, reducing carbon emissions, and building resilient, sustainable communities.

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The AUD/JPY cross trades in negative territory around 113.45 during the early European trading hours on Thursday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) against the Australian Dollar (AUD). 

Japan’s Finance Minister Satsuki Katayama said on Thursday that the authorities are ready to take appropriate action on currency anytime as needed. She added that the officials will track market trends and economic data to ensure fiscal sustainability.

Senior officials from the Bank of Japan (BoJ) noted that a delay in stimulus adjustment amid high inflation risk could trigger an economic downturn. However, a Reuters survey showed earlier Thursday that nearly half of Japanese firms are experiencing negative business impact from the BoJ's interest rate hikes, with higher borrowing costs hurting bottom lines and discouraging capital investment. 

Technical Analysis:In the daily chart, AUD/JPY holds a bullish near-term bias as price remains above the 100-day Simple Moving Average (SMA) and the Bollinger Bands 20-period middle band, suggesting the broader uptrend is still supported despite recent consolidation. The latest Relative Strength Index (14) reading around 57 keeps momentum on the constructive side, hinting that buyers retain control as long as the pair stays comfortably above the lower Bollinger band at 111.10.

On the topside, initial resistance emerges at the Bollinger upper band around 113.70, where a sustained break would open the door to the May 13 high of 114.74.

On the downside, the first layer of support is seen at the 100-day SMA at 112.65, followed by the Bollinger middle band near 112.40, while a deeper pullback towards the lower band at 111.10 would be needed to seriously challenge the prevailing bullish structure.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan’s policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors.

One of the Bank of Japan’s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The BoJ ultra-loose monetary policy between 2013 and 2024 caused the Yen to depreciate against its main currency peers due to an increasing policy divergence between the Bank of Japan and other main central banks. More recently, the gradually unwinding of this ultra-loose policy has given some support to the Yen.

Over the last decade, the BoJ’s stance of sticking to ultra-loose monetary policy has led to a widening policy divergence with other central banks, particularly with the US Federal Reserve. This supported a widening of the differential between the 10-year US and Japanese bonds, which favored the US Dollar against the Japanese Yen. The BoJ decision in 2024 to gradually abandon the ultra-loose policy, coupled with interest-rate cuts in other major central banks, is narrowing this differential.

The Japanese Yen is often seen as a safe-haven investment. This means that in times of market stress, investors are more likely to put their money in the Japanese currency due to its supposed reliability and stability. Turbulent times are likely to strengthen the Yen’s value against other currencies seen as more risky to invest in.

Gold prices fell in India on Thursday, according to data compiled by FXStreet.

The price for Gold stood at 12,488.37 Indian Rupees (INR) per gram, down compared with the INR 12,573.30 it cost on Wednesday.

The price for Gold decreased to INR 145,658.30 per tola from INR 146,652.50 per tola a day earlier.

Unit measure

Gold Price in INR

1 Gram

12,488.37

10 Grams

124,880.60

Tola

145,658.30

Troy Ounce

388,432.20

FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

(An automation tool was used in creating this post.)

Gold prices fell in United Arab Emirates on Thursday, according to data compiled by FXStreet.

The price for Gold stood at 476.41 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 479.42 it cost on Wednesday.

The price for Gold decreased to AED 5,556.81 per tola from AED 5,591.87 per tola a day earlier.

Unit measure

Gold Price in AED

1 Gram

476.41

10 Grams

4,764.24

Tola

5,556.81

Troy Ounce

14,818.06

FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

(An automation tool was used in creating this post.)

July 16, 2026Cooling US macroeconomic data coincided with a historic leap for on-chain institutional finance today. As soft Consumer Price Index (CPI) numbers fuel risk-on market appetite, traditional capital isn't just watching from the sidelines—Wall Street is actively embedding itself directly into public blockchain rails. From multi-million-dollar institutional Ethereum staking yields to historic tokenized equity integrations with legacy clearinghouses, today’s tape is driven by concrete institutional execution. Here is everything you need to know.

$ETH: Institutional Staking Transforms into a High-Margin Corporate RealityWhat Happened Bitmine Immersion Technologies released its latest quarterly disclosures, highlighting a massive pivot toward Ethereum validator operations. The firm generated $45.7 million in Ether staking and validation revenue last quarter—representing a staggering 98% of its total company revenue and a 22x surge compared to the prior-year period. Bitmine confirmed it has now staked over 85% of its treasury (equating to roughly 4.9 million ETH) via its institutional MAVAN platform. Bitmine Chairman Tom Lee noted that once the firm's balance sheet is fully deployed, annualized staking rewards are projected to reach $284 million.Why It Matters Institutional ETH holding is no longer a passive, speculative balance-sheet play; it has evolved into a high-margin, cash-flowing treasury model. With Bitmine capturing nearly 5% of all circulating ETH and converting it into yield-generating validator nodes, liquid market supply is being systematically locked away. Furthermore, with L2 networks like Robinhood Chain clearing over $1 billion in volume while using ETH as their native gas token, real-world fee burn and staking yields are aligning to create a powerful structural backstop for Ethereum.What to Watch ETH is testing the critical $1,900–$1,950 technical resistance zone. Continued corporate treasury staking combined with sustained L2 gas utilization could provide the fundamental force needed to push ETH back above $2,000.HYPE: Spot ETFs Quietly Scale Past $340M in Total AUMWhat Happened While broader retail markets digest macro news, institutional ETP wrappers tracking Hyperliquid ($HYPE) continue to absorb spot supply silently. On July 15 alone, US spot HYPE ETFs captured $2.13 million in single-day net inflows. Grayscale’s flagship Hyperliquid Staking ETF (HYPG) leads the trend, amassing over $128 million in cumulative inflows. Across all approved fund vehicles, total HYPE ETF Assets Under Management (AUM) have officially reached $347 million.Why It Matters Hyperliquid’s evolution from a high-throughput decentralized perpetual venue into a primary piece of on-chain market infrastructure is now receiving clear institutional endorsement via traditional brokerage wrappers. Spot ETPs allow institutional asset managers to gain yield-bearing exposure to HYPE without managing self-custody complexities. With 99% of protocol fees driving programmatic buybacks and ETF structures passing native staking rewards directly back to shareholders, the asset is benefiting from a dual-engine supply sink.What to Watch Watch daily ETP creation and redemption sheets alongside Hyperliquid's open interest metrics. Sustained net daily inflows above $2M will confirm that institutional accumulation remains completely decoupled from short-term retail sentiment.$ONDO: Ondo Finance Partners with the DTCC for First Live Tokenized Stock IssuancesWhat Happened In what marks TradFi’s most significant blockchain deployment of 2026, Ondo Finance launched the first-ever tokenized stock representations backed by DTC Tokenized Entitlements generated via the Depository Trust & Clearing Corporation (DTCC). Using digital twin architecture, Ondo put tokenized representations of Circle stock (CRCLon) and the SPDR S&P 500 ETF (SPYon) live on-chain. Connecting through broker-dealer Alpaca Markets, the underlying securities remain safely in DTC custody while digital twins trade freely on-chain.Why It Matters The DTCC is the absolute central nervous system of global finance, clearing and settling $114 trillion in annual asset transactions. Rather than trying to bypass legacy capital markets, Ondo is building the compliant bridge that allowed the DTCC to launch its largest tokenization initiative to date alongside BlackRock, JPMorgan, Goldman Sachs, and the NYSE. With the full DTCC Tokenization Service scheduled for a global production rollout in October 2026, Ondo has positioned its protocol at the exact epicenter of Wall Street’s shift on-chain.What to Watch Keep a close eye on partner integrations across exchanges, wallets, and DeFi money markets leading up to the October rollout. As secondary market liquidity for CRCLon and SPYon expands, $ONDO serves as the core tokenized stock infrastructure play.SummaryToday's session is a clear demonstration that crypto market fundamentals are maturing rapidly. Soft macro inflation provides the near-term tailwind, but long-term value is being driven by structural adoption: Ethereum is yielding hundreds of millions for public corporations, Hyperliquid is capturing traditional fund flows, and Ondo is tokenizing the $114 trillion legacy stock clearing system.Trade ETH, HYPE, and ONDO with institutional execution tools on WOO X PRO: wooxpro.com

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