Track market-moving stories before they get noisy

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.

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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

This site is protected by reCAPTCHA.

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.

This site is protected by reCAPTCHA.

JPMorgan Chase is testing an AI investment agent that can autonomously adjust stock and bond allocations.

JPMorgan Chase is testing AI agents that can autonomously adjust the proportion of stock and bond investments to dynamically rebalance portfolios based on changes in market conditions. Test results show that in a 20-year historical backtest, the best-performing AI model delivered an annualized return 0.7 percentage points higher than the traditional "60/40" stock-bond portfolio, while also boasting lower volatility. All 8 AI agents tested by JPMorgan achieved higher risk-adjusted returns. However, the bank noted that the results are still based on simulated tests and do not represent actual investment performance. JPMorgan also warned that large-scale adoption of AI could lead to convergence of trading strategies, increase crowded trades, and amplify market volatility under stressed conditions.

30 minutes ago

Yangtze Memory Technologies announced its IPO advisory team, comprising a total of 31 members from CITIC Securities and China Securities Co., Ltd.

The China Securities Regulatory Commission (CSRC) official website updated the first-phase progress report on Changjiang Storage’s IPO counseling work on July 10. A total of 31 personnel from two securities firms, CITIC Securities and China Securities Construction Investment, form the counseling team. The current counseling period runs from May 19 to June 30, 2026, with work carried out via multiple methods including on-site due diligence, centralized training sessions, and targeted issue communications. The next phase of counseling will focus on two areas: First, for issues identified during the process, coordinate timely discussions between intermediaries and the company, develop standardization plans, and urge the counseled entity to fully implement rectification requirements. The working group will also continue to push the company to improve its corporate governance and internal control systems, enhancing its standardized operation level. Second, urge the company to thoroughly understand laws, regulations and rules related to issuance, listing and standardized operation, and clarify its responsibilities and obligations in areas such as information disclosure and fulfillment of commitments. (Jinshi)

30 minutes ago

Analyst: Bitcoin may be entering the final stage of a bear market, projected to rise to $250,000 over the next two to three years.

Real Vision’s chief crypto analyst Jamie Coutts has stated that Bitcoin may be entering the late stages of its current bear market. While the bear market is not yet over, downward momentum has begun to weaken. The current BTC price is roughly 50% lower than its all-time high of $126,100 set in October 2025. Coutts described the current trend as a “typical bear market,” pointing out that Bitcoin’s volatility has fallen by around 50% compared to the previous cycle, suggesting this downturn may not be as severe as prior bear markets. However, he cautioned that all current trend indicators remain clearly bearish, and markets do not mechanically replicate historical cycles. He noted that longer-term momentum indicators are starting to show bullish divergence, signaling that negative momentum is decelerating—but this does not mean Bitcoin has technically exited the bear market. Beyond tightening global liquidity, deteriorating on-chain demand was a key factor driving Bitcoin’s earlier decline. On long-term price projections, Coutts is cautious about Bitcoin reaching $1 million by 2030; instead, he forecasts BTC will rise to $200,000–$250,000 over the next two to three years. He also warned that the Bitcoin community needs to address the potential threat of quantum computing more definitively by 2027, as major protocol upgrades could take approximately five years to complete.

30 minutes ago

The probability that Bitcoin will rise to $70,000 this year has climbed to 79%.

Prediction market platform Polymarket now puts the probability of Bitcoin rising to $70,000 this year at 79%, up from 54% as of June 26. Additionally, the odds of Bitcoin hitting $80,000 stand at 32%, while the probability of it reaching $90,000 is 19%.

30 minutes ago

An alleged insider address of LAB has transferred $9.15 million worth of tokens to Aster again.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a suspected insider address of LAB has transferred 10.5 million LAB tokens to Aster again. Calculated at the $0.872 price at the time of transfer, the move is worth roughly $9.15 million. This marks the address’s second transfer of LAB in the same fashion in about 22 hours. Over the past 24 hours, the address has moved a total of LAB worth approximately $18.69 million to Aster. Earlier, after the address completed the transfer last night, LAB’s price once plummeted sharply.

30 minutes ago

US-listed ETFs' assets under management climbed to $15.6 trillion, notching a new all-time high.

The Kobeissi Letter noted that the assets under management (AUM) of U.S.-listed ETFs have climbed to a record $15.6 trillion, doubling over the past 30 months. Year-to-date, investors have allocated more than $1 trillion to U.S.-listed ETFs, nearly double the year-to-date record set in 2025. At the current pace, full-year inflows are on track to top $2 trillion for the first time, roughly 33% higher than last year’s all-time high. In June alone, U.S. ETFs pulled in around $193 billion in inflows, marking the second-highest monthly inflow on record. Demand has been concentrated in U.S. large-cap, semiconductor, AI, and South Korea-focused ETFs, with the U.S. ETF market’s growth accelerating.

30 minutes ago

JPMorgan Chase is testing an AI investment agent that can autonomously adjust stock and bond allocations.

JPMorgan Chase is testing AI agents that can autonomously adjust the proportion of stock and bond investments to dynamically rebalance portfolios based on changes in market conditions. Test results show that in a 20-year historical backtest, the best-performing AI model delivered an annualized return 0.7 percentage points higher than the traditional "60/40" stock-bond portfolio, while also boasting lower volatility. All 8 AI agents tested by JPMorgan achieved higher risk-adjusted returns. However, the bank noted that the results are still based on simulated tests and do not represent actual investment performance. JPMorgan also warned that large-scale adoption of AI could lead to convergence of trading strategies, increase crowded trades, and amplify market volatility under stressed conditions.

21 minutes ago

Yangtze Memory Technologies announced its IPO advisory team, comprising a total of 31 members from CITIC Securities and China Securities Co., Ltd.

The China Securities Regulatory Commission (CSRC) official website updated the first-phase progress report on Changjiang Storage’s IPO counseling work on July 10. A total of 31 personnel from two securities firms, CITIC Securities and China Securities Construction Investment, form the counseling team. The current counseling period runs from May 19 to June 30, 2026, with work carried out via multiple methods including on-site due diligence, centralized training sessions, and targeted issue communications. The next phase of counseling will focus on two areas: First, for issues identified during the process, coordinate timely discussions between intermediaries and the company, develop standardization plans, and urge the counseled entity to fully implement rectification requirements. The working group will also continue to push the company to improve its corporate governance and internal control systems, enhancing its standardized operation level. Second, urge the company to thoroughly understand laws, regulations and rules related to issuance, listing and standardized operation, and clarify its responsibilities and obligations in areas such as information disclosure and fulfillment of commitments. (Jinshi)

21 minutes ago

Analyst: Bitcoin may be entering the final stage of a bear market, projected to rise to $250,000 over the next two to three years.

Real Vision’s chief crypto analyst Jamie Coutts has stated that Bitcoin may be entering the late stages of its current bear market. While the bear market is not yet over, downward momentum has begun to weaken. The current BTC price is roughly 50% lower than its all-time high of $126,100 set in October 2025. Coutts described the current trend as a “typical bear market,” pointing out that Bitcoin’s volatility has fallen by around 50% compared to the previous cycle, suggesting this downturn may not be as severe as prior bear markets. However, he cautioned that all current trend indicators remain clearly bearish, and markets do not mechanically replicate historical cycles. He noted that longer-term momentum indicators are starting to show bullish divergence, signaling that negative momentum is decelerating—but this does not mean Bitcoin has technically exited the bear market. Beyond tightening global liquidity, deteriorating on-chain demand was a key factor driving Bitcoin’s earlier decline. On long-term price projections, Coutts is cautious about Bitcoin reaching $1 million by 2030; instead, he forecasts BTC will rise to $200,000–$250,000 over the next two to three years. He also warned that the Bitcoin community needs to address the potential threat of quantum computing more definitively by 2027, as major protocol upgrades could take approximately five years to complete.

21 minutes ago

The probability that Bitcoin will rise to $70,000 this year has climbed to 79%.

Prediction market platform Polymarket now puts the probability of Bitcoin rising to $70,000 this year at 79%, up from 54% as of June 26. Additionally, the odds of Bitcoin hitting $80,000 stand at 32%, while the probability of it reaching $90,000 is 19%.

21 minutes ago

US-listed ETFs' assets under management climbed to $15.6 trillion, notching a new all-time high.

The Kobeissi Letter noted that the assets under management (AUM) of U.S.-listed ETFs have climbed to a record $15.6 trillion, doubling over the past 30 months. Year-to-date, investors have allocated more than $1 trillion to U.S.-listed ETFs, nearly double the year-to-date record set in 2025. At the current pace, full-year inflows are on track to top $2 trillion for the first time, roughly 33% higher than last year’s all-time high. In June alone, U.S. ETFs pulled in around $193 billion in inflows, marking the second-highest monthly inflow on record. Demand has been concentrated in U.S. large-cap, semiconductor, AI, and South Korea-focused ETFs, with the U.S. ETF market’s growth accelerating.

21 minutes ago

Hyperliquid’s perpetual contracts open interest market share hits 9%, a new all-time high.

According to hypeflows data, Hyperliquid holds a 9% share of the global perpetual contract market (covering all centralized exchanges including Binance, Bybit, OKX) by open interest, marking the highest level since the platform’s inception. Per HTX market data, HYPE is currently priced at $66.69, down 2.83% over the past 24 hours.

21 minutes ago

Bitcoin (BTC) is seeing its best month of July since 2022, but analysis warns that the result could be firmly bearish.

Key points:

Bitcoin is nearing double-digit gains for July, but market reactions draw comparisons to 2022.Bear-market patterns call for downside to resume next month before a Q4 bottom.$70,000 remains a target for the current bounce.Analyst sees BTC price "picking up" for rest of July before reversalData from CoinGlass shows that at 9.5%, BTC/USD is setting a four-year record for July gains.

Bitcoin’s last bear-market year, in 2022, saw price end July nearly 17% higher after significant 38% losses the month prior. What happened in August, however, showed that calls for bullish continuation at the time were premature. BTC/USD fell by around 14%, followed by a further 3% drop in September. 

This time, market participants are thus predictably cautious over short-term price strength.

“$BTC Has been pretty much in line with its average July performance so far. But of course it is still early,” trader Daan Crypto Trades commented on the CoinGlass numbers in an X post on Saturday.

Daan Crypto Trades noted that even taking bull markets into account, Q3 is Bitcoin’s weakest quarter, with average gains of just 6%.

“This has to do a lot with slow markets, low liquidity and volumes during the Summer time,” he added.

BTC/USD monthly returns (screenshot). Source: CoinGlass

Also concerned about seasonality is trader and analyst Rekt Capital, who notes that BTC price performance in 2026 is matching its previous bear markets closely.

“If history repeats, things are likely going to pick up for Bitcoin and its Summer relief rally in the second half of July,” he told X followers this week.

BTC/USD one-month chart. Source: Rekt Capital/X

As Cointelegraph reported, Rekt Capital sees August canceling out this month’s gains in preparation for a classic bear-market bottom later in the year.

$70,000 on the radar for July BTC price bounceOther market participants are meanwhile preparing targets for the rest of July, with $70,000 becoming popular.

“Interesting few days ahead,” Peter Anthony, creator of the House of Crypto YouTube channel, forecast while analyzing the daily chart.

Another trader eyed the area between $67,000 and $73,000 for a short entry, also predicting a “bullish July, then Bearish August until Q4.”

“Q4 is when the real volatility takes place for BTC (both directions),” Daan Crypto Trades concluded. 

“Will this year be the same?”Earlier, Cointelegraph flagged multiple onchain indicators now flashing bear-market bottom signals for the first time in four years.

Overall demand, meanwhile, has shown only partial signs of recovery.

This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

PANews July 11 news, according to Cointelegraph, although Bitcoin (BTC) has posted a cumulative gain of nearly 10% in July so far, marking its best performance for the same period in nearly four years, multiple market analysts warn that the current trend closely resembles the bear market period of 2022, and the market may weaken again starting in August. Data shows that BTC/USD has gained about 9.5% this month so far. Looking back at 2022, Bitcoin rebounded nearly 17% in July, but then fell roughly 14% and 3% in August and September respectively, dashing the expectations at the time for a continued bull market.

Daan Crypto Trades said Bitcoin is currently broadly in line with its historical average July performance, but the third quarter has historically been one of the weakest quarters for Bitcoin, with an average gain of only about 6%. He believes that declining summer market liquidity and trading volume are key reasons for the sluggish third-quarter performance. Daan Crypto Trades further noted that real market volatility may arrive in the fourth quarter, when Bitcoin’s price could see more substantial two-way swings. Meanwhile, several on-chain indicators have recently flashed the first bear market bottom signal in four years, but overall market demand still shows only limited signs of recovery.

Rekt Capital also pointed out that Bitcoin’s price action in 2026 bears a high degree of similarity to previous bear market cycles. If history repeats itself, Bitcoin may continue its summer rebound in the second half of July, but a new round of correction could follow.

As for short-term targets, multiple traders view $70,000 as a key zone for the current rebound. Some market participants expect Bitcoin’s price to top out in the $67,000 to $73,000 range, and assess that “July is relatively strong, August turns weak, until a bottom forms in the fourth quarter.”

PANews July 11 news, Galaxy research head Alex Thorn stated that the “abandoned Bitcoin” case surrounding “Noah Doe’s” attempt to obtain ownership of Satoshi Nakamoto’s Bitcoin through legal proceedings has seen a major development. The Bitcoin Policy Institute (BPI) has formally applied to intervene as a defendant in the case and seeks to have the court dismiss the entire lawsuit. It is learned that a defendant under the pseudonym “John Doe 33” had previously appeared in court as an individual, denying the plaintiff’s attempt to link him to an address holding 5,000 BTC. Additionally, The Digital Chamber has also submitted an amicus brief opposing the legal theories advanced by the plaintiff.

Alex Thorn said that BPI, represented by the law firm White & Case, has not only applied to intervene in the case but has also submitted a proposed answer, 15 affirmative defenses, and plans to file a motion to dismiss.

BPI argues that it has standing to intervene because the organization self-custodies a portion of its Bitcoin reserves intended to be held indefinitely, and the plaintiff’s theory that “long-term inactivity constitutes abandonment” could precisely sweep similar assets into future litigation. It contends that merely discovering a public address is like obtaining someone’s bank account number and does not confer ownership of the assets therein; the wallet itself does not exist on-chain; and holding coins for more than five years should not be deemed “abandonment,” but rather the “HODL” strategy long practiced by the Bitcoin community.

Alex Thorn stated that if the legal logic of the “Noah Doe” case is ultimately upheld by the court, it could become a precedent to deprive long-term self-custody users of asset ownership in the future. Therefore, this litigation concerns not only assets related to Satoshi Nakamoto, but also the legal foundation of the entire Bitcoin self-custody ecosystem.

Previous news, a plaintiff under the pseudonym “Noah Doe” filed a lawsuit in a New York court, seeking ownership of 39,069 dormant Bitcoin wallets, including addresses attributed to Satoshi Nakamoto. These wallets are estimated to hold approximately 3.7 million BTC, worth around $290 billion. The plaintiff, through two Wyoming shell companies ABC Company and XYZ Company, submitted a 901-page complaint on May 1, claiming these Bitcoins qualify as “abandoned property” under New York’s lost property law.

JPMorgan Chase is testing an AI investment agent that can autonomously adjust stock and bond allocations.

JPMorgan Chase is testing AI agents that can autonomously adjust the proportion of stock and bond investments to dynamically rebalance portfolios based on changes in market conditions. Test results show that in a 20-year historical backtest, the best-performing AI model delivered an annualized return 0.7 percentage points higher than the traditional "60/40" stock-bond portfolio, while also boasting lower volatility. All 8 AI agents tested by JPMorgan achieved higher risk-adjusted returns. However, the bank noted that the results are still based on simulated tests and do not represent actual investment performance. JPMorgan also warned that large-scale adoption of AI could lead to convergence of trading strategies, increase crowded trades, and amplify market volatility under stressed conditions.

21 minutes ago

Yangtze Memory Technologies announced its IPO advisory team, comprising a total of 31 members from CITIC Securities and China Securities Co., Ltd.

The China Securities Regulatory Commission (CSRC) official website updated the first-phase progress report on Changjiang Storage’s IPO counseling work on July 10. A total of 31 personnel from two securities firms, CITIC Securities and China Securities Construction Investment, form the counseling team. The current counseling period runs from May 19 to June 30, 2026, with work carried out via multiple methods including on-site due diligence, centralized training sessions, and targeted issue communications. The next phase of counseling will focus on two areas: First, for issues identified during the process, coordinate timely discussions between intermediaries and the company, develop standardization plans, and urge the counseled entity to fully implement rectification requirements. The working group will also continue to push the company to improve its corporate governance and internal control systems, enhancing its standardized operation level. Second, urge the company to thoroughly understand laws, regulations and rules related to issuance, listing and standardized operation, and clarify its responsibilities and obligations in areas such as information disclosure and fulfillment of commitments. (Jinshi)

21 minutes ago

Analyst: Bitcoin may be entering the final stage of a bear market, projected to rise to $250,000 over the next two to three years.

Real Vision’s chief crypto analyst Jamie Coutts has stated that Bitcoin may be entering the late stages of its current bear market. While the bear market is not yet over, downward momentum has begun to weaken. The current BTC price is roughly 50% lower than its all-time high of $126,100 set in October 2025. Coutts described the current trend as a “typical bear market,” pointing out that Bitcoin’s volatility has fallen by around 50% compared to the previous cycle, suggesting this downturn may not be as severe as prior bear markets. However, he cautioned that all current trend indicators remain clearly bearish, and markets do not mechanically replicate historical cycles. He noted that longer-term momentum indicators are starting to show bullish divergence, signaling that negative momentum is decelerating—but this does not mean Bitcoin has technically exited the bear market. Beyond tightening global liquidity, deteriorating on-chain demand was a key factor driving Bitcoin’s earlier decline. On long-term price projections, Coutts is cautious about Bitcoin reaching $1 million by 2030; instead, he forecasts BTC will rise to $200,000–$250,000 over the next two to three years. He also warned that the Bitcoin community needs to address the potential threat of quantum computing more definitively by 2027, as major protocol upgrades could take approximately five years to complete.

21 minutes ago

The probability that Bitcoin will rise to $70,000 this year has climbed to 79%.

Prediction market platform Polymarket now puts the probability of Bitcoin rising to $70,000 this year at 79%, up from 54% as of June 26. Additionally, the odds of Bitcoin hitting $80,000 stand at 32%, while the probability of it reaching $90,000 is 19%.

21 minutes ago

An alleged insider address of LAB has transferred $9.15 million worth of tokens to Aster again.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a suspected insider address of LAB has transferred 10.5 million LAB tokens to Aster again. Calculated at the $0.872 price at the time of transfer, the move is worth roughly $9.15 million. This marks the address’s second transfer of LAB in the same fashion in about 22 hours. Over the past 24 hours, the address has moved a total of LAB worth approximately $18.69 million to Aster. Earlier, after the address completed the transfer last night, LAB’s price once plummeted sharply.

21 minutes ago

US-listed ETFs' assets under management climbed to $15.6 trillion, notching a new all-time high.

The Kobeissi Letter noted that the assets under management (AUM) of U.S.-listed ETFs have climbed to a record $15.6 trillion, doubling over the past 30 months. Year-to-date, investors have allocated more than $1 trillion to U.S.-listed ETFs, nearly double the year-to-date record set in 2025. At the current pace, full-year inflows are on track to top $2 trillion for the first time, roughly 33% higher than last year’s all-time high. In June alone, U.S. ETFs pulled in around $193 billion in inflows, marking the second-highest monthly inflow on record. Demand has been concentrated in U.S. large-cap, semiconductor, AI, and South Korea-focused ETFs, with the U.S. ETF market’s growth accelerating.

21 minutes ago

The crypto market has entered one of its bullish quarters of the year. However, nearly 278 days have passed since Bitcoin reached its all-time high of around $126,000. Meanwhile, BitGo CEO Mike Belshe says, “The next crypto bull run will be slower and far less volatile than previous ones.”

Here’s when the actual Bull run will begin.

What’s Delaying The Next Bull Run?According to Mike Belshe, money is no longer flowing only into digital assets. Instead of chasing quick profits, more investors are putting money into real blockchain use cases that have long-term value.

One of the biggest examples is the stablecoin market, which has grown to a record $322 billion. Stablecoins are also processing nearly $76 billion in transactions every weekend, or around $38 billion a day. 

This indicates that they are becoming part of everyday payments rather than just crypto trading. 

Belshe says institutions are now focusing on building long-term financial infrastructure as

“ Citi projects that the number will hit $4T by 2030. Tokenization is following the same arc.”

Despite Bitcoin trading below its all-time high, Belshe said BitGo’s custody business is seeing record demand from registered investment advisers (RIAs) and institutional investors. 

This shows that Bitcoin is slowly moving beyond speculation and becoming a long-term reserve asset, as institutional investors have quietly begun to accumulate it.

“Slower doesn’t mean weaker. It means bitcoin is graduating from a speculative vehicle to a reserve asset.”

When Will The Next Bull Market Begin?While Belshe expects a slower market cycle, crypto investor Mark Chadwick noted when the next bull run will begin. 

He shared an old December 2023 post from an anonymous 4chan user who predicted Bitcoin would reach its next all-time high on October 6, 2025. And that prediction played out as Bitcoin eventually climbed to around $126,000.

That prediction was based on Bitcoin’s historical cycle timing:

2015 ATL → 2017 ATH: 1,064 days2017 ATH → 2018 ATL: 364 days2018 ATL → 2021 ATH: 1,064 days2021 ATH → 2022 ATL: 364 daysNow, after accurately playing out the last Ath has prediction, Chadwick now believes the same pattern could repeat

2022 ATL → 2025 ATH: 1,064 days2025 ATH → 2026 ATL: 364 days as (only 278 days have passed)Based on this cycle, he expects the bear market to continue through the rest of 2026, with Bitcoin finding a major bottom later that year.

He believes this would be followed by an accumulation phase before the next large crypto bull market begins in 2027.

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Read the Next News

Bitcoin could be entering the latter stages of the bear market, with downside momentum beginning to slow down, according to Real Vision chief crypto analyst Jamie Coutts.

“I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said during an interview on Cointelegraph’s Trade Secrets.

Coutts described Bitcoin’s current price action as a “typical garden-variety bear market,” with BTC trading around the $63,000 mark, roughly 50% below its October 2025 all-time high of $126,100.

He noted that Bitcoin’s volatility has declined by about 50% compared with the previous market cycle, suggesting the current downturn may be less severe than previous bear markets.

Bitcoin is up 4.45% over the past 30 days. (CoinMarketCap)

However, Coutts warned that markets rarely follow historical patterns so neatly. “They just sort of do their own thing. And at the moment, all the trend indicators are obviously bearish,” Coutts said.

On the bright sides, Coutts said he is beginning to see early technical signs that selling pressure is easing.

“I'm starting to see a bullish divergence appear on the longer time frames on momentum. So that's just telling me that the acceleration, or should I say, the negative momentum is decelerating, but that doesn't mean that we're out of this bear market from a technical perspective at all,” Coutts said.

While many market participants blamed Bitcoin's fourth-quarter downturn on tightening global liquidity conditions, Coutts said that weakening onchain fundamentals also played a significant part.

“So onchain demand, which definitely drives price and is somewhat correlated to things like global liquidity and the business cycle, they started to deteriorate as well.” Jamie Coutts is skeptical of Bitcoin reaching $1 million by 2030Coutts was cautious when asked whether he agreed with long range forecasts from Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood that Bitcoin could reach $1 million by 2030.

“The models that I was working with did have about a million by 2032, 2033. It’s just a function of like how much money printing is gonna be required between now and then,” he said.

“I'm more comfortable with a forecast in the next sort of two to three years that Bitcoin should get to sort of $200,000 to 250,000,” he said. Outside of that timeframe, he added, it is “very hard to say."

“I think it's gonna be interesting what AI brings to the equation, as you know, we see more wallets spun up for agents, and what are they gonna essentially store their value in? Are they gonna make the same decisions as what humans have?” he said.

On longer term risks to Bitcoin’s valuation, Coutts said the community will need to take more decisive action by 2027 to address the potential threat posed by quantum computing.

“If there isn't really firm movement on this, this will become an increasingly talked-about issue for the network because as much as everything is under risk from quantum, Bitcoin is a decentralized network. It's going to take five years for it to actually implement a major protocol upgrade.” Coutts said Bitcoin developers who dismiss concerns over quantum computing’s potential threat to the network are on the “wrong side of this.”

Features: Bitcoin’s quantum dilemma — Bigger blocks or STARK proofs?

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.

JPMorgan Chase is testing an AI investment agent that can autonomously adjust stock and bond allocations.

JPMorgan Chase is testing AI agents that can autonomously adjust the proportion of stock and bond investments to dynamically rebalance portfolios based on changes in market conditions. Test results show that in a 20-year historical backtest, the best-performing AI model delivered an annualized return 0.7 percentage points higher than the traditional "60/40" stock-bond portfolio, while also boasting lower volatility. All 8 AI agents tested by JPMorgan achieved higher risk-adjusted returns. However, the bank noted that the results are still based on simulated tests and do not represent actual investment performance. JPMorgan also warned that large-scale adoption of AI could lead to convergence of trading strategies, increase crowded trades, and amplify market volatility under stressed conditions.

21 minutes ago

Yangtze Memory Technologies announced its IPO advisory team, comprising a total of 31 members from CITIC Securities and China Securities Co., Ltd.

The China Securities Regulatory Commission (CSRC) official website updated the first-phase progress report on Changjiang Storage’s IPO counseling work on July 10. A total of 31 personnel from two securities firms, CITIC Securities and China Securities Construction Investment, form the counseling team. The current counseling period runs from May 19 to June 30, 2026, with work carried out via multiple methods including on-site due diligence, centralized training sessions, and targeted issue communications. The next phase of counseling will focus on two areas: First, for issues identified during the process, coordinate timely discussions between intermediaries and the company, develop standardization plans, and urge the counseled entity to fully implement rectification requirements. The working group will also continue to push the company to improve its corporate governance and internal control systems, enhancing its standardized operation level. Second, urge the company to thoroughly understand laws, regulations and rules related to issuance, listing and standardized operation, and clarify its responsibilities and obligations in areas such as information disclosure and fulfillment of commitments. (Jinshi)

21 minutes ago

Analyst: Bitcoin may be entering the final stage of a bear market, projected to rise to $250,000 over the next two to three years.

Real Vision’s chief crypto analyst Jamie Coutts has stated that Bitcoin may be entering the late stages of its current bear market. While the bear market is not yet over, downward momentum has begun to weaken. The current BTC price is roughly 50% lower than its all-time high of $126,100 set in October 2025. Coutts described the current trend as a “typical bear market,” pointing out that Bitcoin’s volatility has fallen by around 50% compared to the previous cycle, suggesting this downturn may not be as severe as prior bear markets. However, he cautioned that all current trend indicators remain clearly bearish, and markets do not mechanically replicate historical cycles. He noted that longer-term momentum indicators are starting to show bullish divergence, signaling that negative momentum is decelerating—but this does not mean Bitcoin has technically exited the bear market. Beyond tightening global liquidity, deteriorating on-chain demand was a key factor driving Bitcoin’s earlier decline. On long-term price projections, Coutts is cautious about Bitcoin reaching $1 million by 2030; instead, he forecasts BTC will rise to $200,000–$250,000 over the next two to three years. He also warned that the Bitcoin community needs to address the potential threat of quantum computing more definitively by 2027, as major protocol upgrades could take approximately five years to complete.

21 minutes ago

An alleged insider address of LAB has transferred $9.15 million worth of tokens to Aster again.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a suspected insider address of LAB has transferred 10.5 million LAB tokens to Aster again. Calculated at the $0.872 price at the time of transfer, the move is worth roughly $9.15 million. This marks the address’s second transfer of LAB in the same fashion in about 22 hours. Over the past 24 hours, the address has moved a total of LAB worth approximately $18.69 million to Aster. Earlier, after the address completed the transfer last night, LAB’s price once plummeted sharply.

21 minutes ago

US-listed ETFs' assets under management climbed to $15.6 trillion, notching a new all-time high.

The Kobeissi Letter noted that the assets under management (AUM) of U.S.-listed ETFs have climbed to a record $15.6 trillion, doubling over the past 30 months. Year-to-date, investors have allocated more than $1 trillion to U.S.-listed ETFs, nearly double the year-to-date record set in 2025. At the current pace, full-year inflows are on track to top $2 trillion for the first time, roughly 33% higher than last year’s all-time high. In June alone, U.S. ETFs pulled in around $193 billion in inflows, marking the second-highest monthly inflow on record. Demand has been concentrated in U.S. large-cap, semiconductor, AI, and South Korea-focused ETFs, with the U.S. ETF market’s growth accelerating.

21 minutes ago

Hyperliquid’s perpetual contracts open interest market share hits 9%, a new all-time high.

According to hypeflows data, Hyperliquid holds a 9% share of the global perpetual contract market (covering all centralized exchanges including Binance, Bybit, OKX) by open interest, marking the highest level since the platform’s inception. Per HTX market data, HYPE is currently priced at $66.69, down 2.83% over the past 24 hours.

21 minutes ago

While buyers have successfully defended the $58K-$60K support region and established a series of higher lows on lower timeframes, Bitcoin is now approaching a confluence of technical resistance where bullish momentum will face its biggest test since the breakdown from the mid-$70K region.

Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin remains below both the 100-day and 200-day moving averages, which continue to trend lower and maintain the broader bearish structure. Nevertheless, the recent price action has become increasingly constructive.

Following the sharp sell-off toward the $58K support zone, Bitcoin formed a higher low while the RSI continued to recover and push higher. The momentum indicator has now climbed back above the midline, suggesting that bearish pressure has weakened considerably compared to the aggressive decline seen throughout June.

The price is currently approaching a key bearish order block between $65K and $66.5K. This region also represents the last significant lower-high structure before the most recent leg down, making it a critical area for market structure confirmation. A decisive daily close above this resistance zone could establish a change of character and open the door toward the larger resistance cluster around $72K-$74K.

However, failure to reclaim this area would preserve the broader downtrend and could trigger another rotation back toward the $60K-$61K support zone. Therefore, the reaction around the current resistance region will likely determine whether the recent rally evolves into a trend reversal or remains a corrective bounce.

BTCUSD July 11. Source: TradingView BTC/USDT 4-Hour Chart The 4-hour chart shows a much stronger recovery structure. Since sweeping liquidity beneath the $58K support region, BTC has printed a sequence of higher lows and higher highs while advancing toward the upper boundary of the descending channel that has contained the price since mid-June.

The market is now pressing directly against the channel resistance near $64K-$65K while simultaneously testing the lower boundary of the broader supply zone between $65K and $66K. This creates a pivotal technical area where buyers must prove they can maintain momentum.

A breakout above the descending trendline and subsequent reclaim of the bearish order block would provide the first meaningful confirmation that the corrective structure has ended. Such a move would likely trigger a change of character and increase the probability of a continuation rally toward the $72K-$74K resistance zone.

On the downside, the former intra-range liquidity zone around $61K-$62K has now transitioned into an important support area. As long as Bitcoin remains above this region, the short-term bullish structure remains intact.

Sentiment Analysis The one-week liquidation heatmap continues to show a substantial concentration of liquidity above the current market price, particularly within the $65K-$67K region. This aligns almost perfectly with the bearish order block and channel resistance highlighted on the technical charts, creating a strong confluence area that could attract price in the near term.

Notably, the liquidity data confirms the technical setup. The resistance zone identified on the charts corresponds directly with one of the largest visible liquidation clusters on the heatmap, reinforcing the idea that Bitcoin may attempt to sweep this overhead liquidity before establishing its next directional trend.

Below the market, liquidity remains comparatively thinner near current levels, while larger concentrations are positioned much higher around the mid-$60K area. This suggests that the path of least resistance may remain upward in the short term as market makers seek to target those leveraged positions.

If Bitcoin successfully sweeps the $65K-$67K liquidity cluster and secures acceptance above the bearish order block, the probability of a broader bullish continuation would increase significantly. Conversely, if the liquidity sweep is followed by a sharp rejection, it could signal that the move was primarily liquidity-driven and increase the risk of another corrective decline toward the $61K support area.

For now, both the technical structure and liquidation positioning continue to favor an upside liquidity grab, with the $65K-$67K region emerging as the most important near-term battleground for Bitcoin.

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Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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7 hours ago

XRP price prediction remains centered on one question: can buyers finally push through the $1.15 to $1.20 resistance range? For now, XRP is changing hands around $1.08 to $1.12, staying trapped in a familiar range. Holding support is nice, but markets rarely hand out trophies for standing still.

Still, the defense of the $1.00 to $1.05 area over several weeks deserves attention. Sellers have tested that floor repeatedly without forcing a lasting breakdown. That keeps the bullish case alive, even if it has not earned a victory lap.

Meanwhile, exchange outflows have climbed from roughly 41 million XRP to about 123 million. That usually points to coins leaving trading platforms instead of preparing for sale. It is a positive signal, although one metric alone cannot carry the entire chart.

XRP Binance Flow, CryptoQuantEven so, price action still needs a spark. Without fresh buying pressure, XRP could continue drifting between support and resistance. Markets can be patient, but traders usually are not.

If buyers reclaim the $1.15 to $1.20 zone, momentum could improve quickly. Until then, XRP remains in consolidation, waiting for a catalyst instead of creating one.

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XRP Price Prediction: Can it Hit $1.20 Before the CLARITY Act Vote?XRP is trading around the $1.08 to $1.10 area, but the real battle sits closer to $1.18. That is where the 50 day EMA meets a crowd of sellers hoping to get out even. Push through that zone, and $1.20 to $1.25 becomes the next target. Breaking resistance is one thing. Staying above it is another.

The chart has started to look healthier, although it is not waving a green flag yet. RSI remains below 50, while the MACD has edged back into positive territory. That tells us selling pressure is easing, but buyers have not fully taken charge. For now, the market still wants a reason to commit.

That reason could come from Washington. The CLARITY Act remains on traders’ radar after missing its original timeline, with the Senate expected to revisit the issue later this month. Any sign of progress could quickly improve sentiment. If lawmakers kick the can again, XRP may stay trapped in its current range a little longer.

Prediction markets paint a balanced picture. Traders give XRP almost the same chance of testing $1.20 as revisiting the $1.00 area this month. A clean move above $1.18 could open the door to $1.25 or even $1.30. On the flip side, losing $1.00 would expose $0.87, while $0.80 remains the next notable support.

Institutional demand has not disappeared. Spot XRP ETFs continue to attract steady inflows, suggesting bigger investors are still accumulating. Ripple’s recent partnerships have also helped sentiment. Even so, XRP keeps bumping into sellers before reaching $1.20. The market can be stubborn, especially when everyone expects the same breakout.

Discover: The Best Crypto to Diversify Your Portfolio

LiquidChain Targets Early Mover Upside as XRP Tests Key LevelsXRP’s ceiling problem with its strong demand base, capped upside by overhead supply and regulatory timing, is precisely the kind of setup that sends traders scanning for asymmetric exposure elsewhere. At here with a contested move to $1.20, the upside math on a near-term XRP trade is measured in percentages. XRP Ledger infrastructure continues to develop, but near-term price catalysts remain binary and event-dependent.

LiquidChain ($LIQUID) is a Layer 3 infrastructure project taking a different angle on the multi-chain problem: rather than bridging assets between ecosystems. It fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment.

The architecture centers on a Unified Liquidity Layer with single-step execution and verifiable settlement. So, with Liquid, developers deploy once and access all three ecosystems without the usual bridge overhead or fragmented liquidity pools.

The presale is live at $0.01478 per $LIQUID, with $900K raised to date. For traders comfortable with that risk profile, the LiquidChain presale warrants research as a speculative position distinct from the regulatory-driven binary that XRP currently represents.

Discover: The Best Token Presales

Key Takeaways XRP registered a 1.27% gain to reach $1.10, with critical resistance positioned at $1.12 The CLARITY Act successfully cleared the House and progressed through the Senate Banking Committee A procedural Senate vote could occur during the July 13–17, 2026 window Market experts EGRAG CRYPTO and Crypto Patel both highlight $0.85–$1.20 as a strategic accumulation range XRP ETF products recorded $1.48 billion in cumulative inflows, with combined net assets reaching $989 million XRP posted gains on Friday, reaching $1.10 with a 1.27% increase while the cryptocurrency market overall expanded by 1.54% to achieve a $2.19 trillion aggregate market capitalization. Bitcoin advanced 1.48% to settle at $64,002, while Ethereum demonstrated stronger momentum with a 3.03% climb to $1,790.

XRP Price Technical analysis of the four-hour timeframe reveals purchasing activity returning to the market, though upward momentum remains constrained beneath the $1.12 resistance threshold. The Relative Strength Index registers at 47.48, positioned marginally below the neutral 50 benchmark. The MACD histogram has shifted into positive territory at 0.0018, with the MACD line executing an upward cross above the signal line, suggesting potential price recovery.

A decisive breach above $1.12 would establish a pathway toward $1.15, subsequently targeting $1.20. Conversely, $1.07 represents the critical support foundation. Should this level fail to hold, XRP faces potential downward pressure toward $1.05 or the psychologically significant $1.00 threshold.

Market analyst Celal Kucuker shared insights via Twitter, emphasizing that “smart money accumulates when everyone is bored.” His technical framework identifies $0.85–$1.20 as the accumulation territory, $1.65 as the momentum inflection point, $3–$3.50 as the macro breakout region, and establishes a cycle objective of $15. His core thesis: strategic patience outweighs reactive trading.

Most people will buy $XRP after it breaks ATHs.

Smart money accumulates when everyone is bored.

🔹$0.85–$1.20 = Accumulation
🔹$1.65 = Momentum returns
🔹$3–$3.5 = Macro breakout
🔹$15 = Cycle target

Patience pays. pic.twitter.com/fk8bt6FdH4

— Celal Kucuker (@CelalKucuker) July 11, 2026

CLARITY Act Legislative Timeline The CLARITY Act secured House approval on July 17, 2025, garnering 294 affirmative votes. The Senate Banking Committee pushed the legislation forward on May 14, 2026, through a 15-9 decision. The Senate reconvenes following its recess on July 13, with procedural voting potentially scheduled between July 13 and July 17.

House-Senate reconciliation proceedings may commence during the July 20–24 period. Should both legislative chambers approve identical versions, the legislation could land on President Trump’s desk before August concludes. Failure to meet this timeline would shift expectations to September.

Senate Democrats have voiced apprehensions regarding Trump’s cryptocurrency investments and are demanding committee hearings, pointing to potential conflict-of-interest complications connected to the CLARITY Act. The ethics component continues to represent a contentious negotiation point.

The proposed legislation would establish a comprehensive national infrastructure for digital asset commerce and oversight, distributing regulatory authority between the SEC and CFTC. Enhanced regulatory clarity could diminish ambiguity surrounding XRP’s asset classification and facilitate expanded institutional market participation.

Expert Accumulation Price Targets Cryptocurrency analyst EGRAG CRYPTO has designated $0.85–$1.20 as a historically significant macro support band. According to his assessment, XRP could retreat to $0.85 while preserving its long-term structural integrity. His price objectives include $1.65 for momentum confirmation, $3.00–$3.50 as substantial resistance barriers, and $15 as the complete cycle destination.

#XRP – BENT FORK 🍴 – $15 (Accumulation Band):

Right now, $XRP is sitting near the historical accumulation band around:

▫️ $0.85–$1.20

This zone has acted as macro support in previous cycles.

Can $XRP wick lower toward $0.85? Yes.

But as long as this band holds, the macro… pic.twitter.com/LQ6mMPdcUb

— EGRAG CRYPTO (@egragcrypto) July 10, 2026

Analyst Crypto Patel establishes the accumulation window between $0.70 and $1.10. His MACD technical evaluation indicates an emerging bullish crossover pattern. Patel referenced comparable technical configurations that preceded price surges exceeding 1,000%, projecting a trajectory toward $9 or beyond if XRP maintains present support levels and penetrates the $3 threshold.

Regarding exchange-traded fund developments, XRP products registered zero net daily inflows on July 9. Aggregate inflows total $1.48 billion, while combined net assets measure $989.46 million. Bitwise commands the leading position with $308.15 million in assets under management, trailed by Canary at $252.97 million and Franklin at $249.54 million.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Vet (Hussein Zangana), who is the Director of Community at the XRPL Foundation, urges the XRP community to shift away from false narratives about a potential Swift integration and instead focus on the real developments taking place across the XRP ecosystem.

"A lot is happening with XRP and the XRP Ledger, we don't need to make up this nonsense," Vet said in a recent X post outlining various developments on the XRP Ledger. These include "security improvements, on-chain loans, stablecoins and FX market to compliant trading capabilities with permissioned Domains." Vet also highlighted ongoing work to bring onchain privacy to the XRP Ledger.

Vet said that these developments are accompanied by significant efforts to onboard institutions and consumers and scale adoption, adding that there is still a lot of work to do.  

HOT Stories

SWIFT is not using XRP. I suggest Blocking all XRP influencers running around lying to you they are using XRP right now or tell you with certainty they will.

Free yourself, get lean. Same story with the DTCC news weeks ago.

It looks incredibly desperate, luckily its only a…

— Vet (@Vet_X0) July 11, 2026 "SWIFT is not using XRP," Vet said, debunking false claims being peddled by a few XRP influencers of such an integration. He suggested blocking individuals who say that SWIFT is already using XRP or will definitely do so in the future.

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This week, Ripple received authorization of its Crypto Asset Service Provider (CASP) license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF). The authorization confirms Ripple as fully MiCA-compliant, with its solutions underpinned by XRP and RLUSD made available to financial institutions, corporates, and businesses across all 30 countries of the European Economic Area.

Swift not using XRPSwift announced this week that its blockchain-based ledger was ready for use to pilot 24/7 tokenized cross-border payments. This announcement created a buzz in the XRP community, with some falsely claiming the global messaging network is exploring an XRP integration.

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Former Swift exec Tom Zschach pushed back on this claim in recent responses on X.

"None of this is evidence that Swift will use XRP," Zschach said in response to an X user who claimed that Swift will use XRP, sharing screenshots of cryptocurrencies compatible with ISO 20022.

"It shows crypto projects adopting the ISO 20022 messaging format, an open standard Swift does not own, while confusing a message syntax with a settlement asset that Swift, a network that never touches the value leg and has no architectural slot for. Waiting," Zschach stated.

On-chain analytics platform CryptoQuant reported that spot liquidity in the XRP market is rapidly increasing, but the delegitimization process in derivatives trading, which has been ongoing since mid-June, has not yet ended.

According to CryptoQuant data, Binance experienced a significant increase in XRP spot trading activity between July 4th and 8th. Specifically, on July 7th, 64.9 million XRP were injected into the exchange, while 49.2 million XRP were withdrawn on the same day.

The analysis added that this volatility in the spot market was not the factor that triggered the closing of positions in derivative markets. It was noted that the size of open XRP positions on Binance decreased from over $500 million in mid-June to $431 million by July 4th, and further to $399 million by July 10th.

During the same period, long position liquidations increased by 94 percent on a weekly basis. While long position liquidations were reported to be 172 percent above the average of the last three months, short position liquidations decreased by 53 percent.

CryptoQuant stated that the high inflows and outflows in the spot market indicate investors repositioning their capital rather than anticipating a new and strong direction. The continued decline in open positions suggests that leveraged capital continues to exit the XRP derivatives market.

In contrast, a different trend was observed in funding rates. Binance XRP funding rate, which briefly turned negative at the end of June, increased by 266 percent on a weekly basis, rising to 0.007.

According to CryptoQuant, as open positions decline while funding rates rise and long position liquidations increase, it indicates that remaining or newly opened long positions in the market are paying increasingly higher premiums. This suggests that despite a decrease in the total derivatives market capitalization, a segment of investors still maintains a bullish outlook.

On-chain data, however, presents a more balanced picture compared to the derivatives market. The number of active addresses on the XRP network remains 11 percent below the average of the last three months, indicating that broad-based network participation has not yet fully recovered.

However, the number of transactions increased by approximately 3-4 percent on both a weekly and monthly basis. Nevertheless, the total number of transactions remains 21 percent below the three-month average.

During the same period, a decline in the NVT ratio, which measures the relationship between XRP’s network value and transaction volume, suggested that the previous decline in network usage may have slowed and usage may have begun to stabilize.

CryptoQuant stated that the market becomes more vulnerable to funding rate corrections during periods when long position liquidations continue, funding rates rise, and the derivatives market size shrinks.

If this trend continues, funding rates may fall again as overly optimistic leveraged positions are liquidated. However, strengthening spot demand and a continued recovery in network activity could limit the impact of any potential correction.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

XRP saw a sharp rise in spot trading on Binance between July 4 and July 8, even as activity in the derivatives market continued to decline.

Market watcher CryptoOnchain on CryptoQuant said capital is moving into the spot market while leveraged positions continue to unwind. Similar setups have historically preceded funding-rate resets.

Binance Spot Activity Rises While Leverage Shrinks CryptoOnchain noted that Binance recorded a spike in XRP spot activity during the period. On July 7 alone, inflows reached 64.9 million XRP, compared with 49.2 million XRP in outflows.

However, the surge in spot trading did not reverse the ongoing decline in derivatives activity. Binance XRP Open Interest had already fallen from more than $500 million in mid-June to $431 million by July 4. It later dropped further to $399 million by July 10.

Meanwhile, long liquidations jumped 94% from the previous week and were 172% above the three-month average. Short liquidations, by contrast, fell 53%.

Funding Rates Rise Despite Lower Open Interest Although Open Interest continued to fall, Binance funding rates recovered after briefly turning negative in late June. Funding rates rose 266% week over week to 0.007.

According to CryptoOnchain, rising funding rates, falling Open Interest, and massive long liquidations suggest that traders opening new long positions are paying higher premiums even as overall leverage declines.

On-Chain Activity Shows Signs of Recovery The report said XRP’s on-chain data looks more stable than its derivatives market. Active addresses remain 11% below the three-month average, showing network activity has yet to fully recover.

However, transaction volume increased by about 3% to 4% over the past week and month, although it is still 21% below the three-month average. The Network Value to Transactions (NVT) ratio has also declined, which may indicate network usage is stabilizing.

Funding-Rate Reset May Be Next CryptoOnchain said the current market structure, marked by rising funding rates, falling Open Interest, and heavy long liquidations, has often led to funding-rate resets in the past. Whether that happens again will depend on how traders react to the gap between stronger funding rates and weaker leveraged participation.

CryptoQuant Flags Possible Reversal Signal Separately, CryptoQuant analyst Darkfost noted that XRP’s derivatives market has reached extreme bearish levels after its sharp decline, with Binance funding rates turning deeply negative. He said excessive short positioning could act as a contrarian signal, similar to conditions seen in April 2025 before XRP’s price rallied 126%.

While past patterns do not guarantee future results, Darkfost said the combination of a major correction and extreme bearish sentiment could increase the odds of a medium-term recovery.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

XRP is showing signs of growing pressure as new Binance derivatives data points to a market that may not have finished its correction.

While the token continues to trade above the important support level at $1, several key derivatives indicators suggest traders should remain cautious. 

Specifically, falling Open Interest, rising funding rates, and a sharp increase in long liquidations have created conditions that often lead to a short-term pullback before the market finds a stronger footing.

XRP currently trades at $1.10, down 4.23% over the past seven days. Although the price has recovered from some of its recent losses, the latest derivatives data suggests that the market is still adjusting after weeks of heavy positioning.

Spot Activity Suggests Traders Are Repositioning Notably, Binance recorded a noticeable increase in XRP spot activity between July 4 and July 8, with large amounts of the token moving into and out of the exchange. 

The biggest movement came on July 7, when 64.9 million XRP entered Binance while 49.2 million XRP left the platform. This left the exchange with a net inflow of roughly 15.7 million XRP for the day.

However, these figures do not necessarily indicate fresh buying. The large volumes on both sides suggest that existing holders were moving funds and adjusting their positions instead of opening major new long trades.

XRP Open Interest Continues to Fall Also, the derivatives market has steadily lost leverage over the past few weeks. Specifically, Binance XRP Open Interest exceeded $500 million in mid-June before dropping to $431 million by July 4. The decline continued over the following days, with Open Interest falling further to $399 million by July 10.

This marked a drop of more than $100 million in about three weeks, showing that leveraged traders have continued to reduce their exposure instead of increasing it.

XRP Liquidity Migration | CryptoQuant Liquidation data show a similar trend. Long liquidations jumped 94% compared with the previous week and climbed 172% above the three-month average. 

In contrast, short liquidations fell 53%, showing that bullish traders absorbed most of the losses. This suggests that every recent attempt to push XRP higher has met strong selling pressure, forcing more long positions out of the market.

XRP Funding Rate Trend In addition, toward the end of June, Binance funding rates briefly turned negative, showing that short positions had gained the upper hand and that long traders were collecting funding payments. The situation changed almost immediately, as funding rates then climbed 266% to reach 0.007.

This shows that fewer leveraged positions remain open, yet traders who are still holding long positions now pay higher funding costs. 

Markets have often responded to similar conditions with a funding rate reset, where another round of long liquidations pushes prices lower, brings funding rates back to normal, and clears out excess leverage before a healthier recovery begins.

XRP Approaches a Key Turning Point XRP’s recent price movement reflects what has happened in the derivatives market. After falling 22% during June, the token recovered to $1.18 by July 4. However, it failed to hold that level and slipped to $1.08 by July 8, around the same time long liquidations reached their highest levels.

The price has since recovered slightly to $1.10, leaving XRP with a 6.62% gain for July despite its recent weekly decline. However, the market still faces strong resistance above current levels.

For now, $1.08 remains the key support level. A break below it could confirm that the expected funding rate reset has started, increasing the chances of another wave of selling from leveraged long positions. 

On the other hand, a move above $1.16, followed by a breakout past $1.18, would show that XRP has worked through its deleveraging phase without another sharp decline.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

The XRP price chart shows that it has spent months grinding lower, which is frustrating bulls and it is rewarding almost nobody except patient buyers.

On the surface , the XRP’s trend still looks awfully ugly. But digging into the on-chain data, a more complicated story begins to emerge. As retail participation continues fading, losses are mounting, yet spoke of the largest holders appearing to be moving in the opposite direction. That’s where XRP gets more interesting.

XRP Retail Activity Keeps Drying UpRight now, there are several onchain metrics pointing toward a prolonged capitulation phase rather than renewed enthusiasm.

The daily transaction volume profit-to-loss ratio surged to 3.802, supported by 22.04 million in realized profit against 5.79 million in realized losses.

At the same time, Network Realized PnL remained deeply negative on July 7, which is suggesting many participants continue exiting positions at a loss.

Another notable signal arrived  on July 1, when a sharp Age consumed spike indicated older dormant coins were suddenly moving.

Historically, such activity has often appeared during periods of structural capitulation rather than market euphoria.

Meanwhile, market participation keeps shrinking. Active addresses across the 24-hour, 7-day, and 30-day timeframes have steadily declined since January 2026, while whale transaction counts have also weakened.

That fading engagement coincides with open interest dropping from $1.32 billion to $764.57 million, highlighting a sharp reduction in speculative positioning clearly.

XRP Whales Tell A Different StoryRetail sentiment may be deteriorating, but larger holders appear to be following another playbook.

Wallets holding between 10million to 100 million XRP have accumulated throughout 2026, even as mid-sized holders 100K to 10 million have distributed tokens and smaller investors from 10 to 100,000 coins have shown limited growth.

At the same time, funding rates have turned positive during July that is indicating speculative short position has eased alongside mega whales rising, this suggesting that bullish positioning could be gradually returning to the derivatives market.

Adding to that backdrop, every major MVRV timeframe, including 30-day, 180-day, 1year, and three year metrics remains below the zero line, placing XRP in an undervalued zone.

XRP Price Chart Still Demands Technical ConfirmationDespite improving accumulation signals, the XRP price remains trapped inside a well-defined descending parallel channel that has governed the market since peaking near $3.65 in July 2025.

The asset is now compressing around the key $1.00 psychological support level. If broader market weakness intensifies, particularly alongside a deeper correction in the leading cryptocurrency, XRP price could break below the channel and revisit the $0.80 support region.

For the bearish structure to genuinely change, buyers must first reclaim the channel’s upper trendline before pushing price back above the $1.40-$1.60 resistance zone. Until both hurdles are cleared, technical momentum remains cautious even as onchain data hints that long-term accumulation may already be underway beneath the surface.

Story Ends Here

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Tom Lee has reaffirmed that Ethereum will play the central role as traditional finance and cryptocurrency converge into a single market.

Summary

Tom Lee says traditional finance and crypto will eventually merge into one market, with Ethereum at the center. His comments come as Bitmine’s Ethereum treasury has grown to 5.74 million ETH, equal to 4.8% of the total supply. Lee also links Ethereum’s outlook to the CLARITY Act and expanding layer-2 payment activity involving Visa and Shopify. According to a post published by Bitmine chairman Tom Lee on X, he believes the line separating traditional financial markets and digital assets will eventually disappear, with Ethereum positioned at the center of that transition.

— Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) July 10, 2026 Lee shared the view while responding to a post from Fundstrat Capital head of distribution Carrie Presley, who recalled telling him during an interview nearly six years ago that she was highly optimistic about Ethereum and blockchain technology. Lee acknowledged the exchange and reiterated that he remains bullish on Ethereum.

His latest comments arrive as Bitmine continues expanding one of the largest corporate Ethereum treasuries in the market. The company said last week that it held 5,742,237 ETH, equal to about 4.8% of Ethereum’s circulating supply of roughly 120.7 million ETH. Bitmine added that its combined crypto holdings, cash, marketable securities, and other investments were valued at about $11.1 billion.

Bitmine continues expanding its Ethereum treasury Recent disclosures show Bitmine has steadily increased its Ethereum holdings throughout the year. Crypto.news previously reported that the company added another 27,084 ETH in its latest weekly purchase, pushing its treasury above 5.7 million ETH before the newest holdings update confirmed the total at more than 5.74 million ETH.

Beyond Ethereum, Bitmine reported holding 206 Bitcoin alongside $527 million in cash and marketable securities. The company also disclosed equity investments in Beast Industries and Eightco Holdings as part of its balance sheet.

Lee has repeatedly linked Ethereum’s long-term outlook to changing U.S. crypto regulation. In earlier comments released by Bitmine, he said investors had become more optimistic about the chances of the CLARITY Act advancing through Congress, arguing that clearer rules could support smart contract platforms as digital assets become more integrated into payment systems and financial services.

Ethereum adoption continues to expand into financial services While discussing Ethereum’s role in financial infrastructure, Lee pointed to existing commercial activity already taking place on Ethereum layer-2 networks. According to his earlier remarks, companies including Shopify and Visa already process USDC-related activity through Ethereum scaling networks, demonstrating practical use beyond speculation.

Presley’s recent reminder of their conversation from nearly six years ago also highlighted how long Lee has maintained his positive view on Ethereum. Responding publicly on X, Lee confirmed that his conviction has remained unchanged, adding that he still expects Ethereum to become the foundation connecting traditional finance with the crypto economy as both markets continue moving closer together.

At press time, Ethereum (ETH) was trading at around $1,800, little changed over the past 24 hours and up 2.2% over the previous seven days.

Ethereum's founder, Vitalik Buterin, has shared fresh insights on the evolution of Artificial Intelligence (AI) and how it should be developed and governed in a recent post on X today.

The blockchain founder suggested that there is a need for a more open and decentralized approach to governing AI instead of leaving it in the hands of a few powerful companies or governments.

When will superintelligent AI become reality? Buterin revealed that there is a division among advocates pushing for AI's evolution. Categorizing them into two camps, Buterin noted that one is advocating for the rapid evolution of AI while the other is seeking stronger safeguards.

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However, he noted that the bigger question for both of them is how quickly superintelligent AI will become a reality.

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Buterin further mentioned that one side believes superintelligence is almost certain to arrive by 2040 or even sooner unless development is deliberately slowed. 

Meanwhile, the other sees AI as a transformative technology that can ultimately be managed without the need for any drastic intervention. Regardless, Buterin declared that he is not convinced by either opinion.

Buterin says no to centralized AI control Notably, he mentioned that he is not supportive of proposals that could hand too much authority over AI to a small group of organizations.

To back his assertions, Buterin further mentioned that giving a handful of AI companies or governments the power to decide who can build advanced AI systems could create its own set of risks.

While he leans more toward the idea of an open-source approach to governing AI technology, Buterin noted that he is open to discussions around slowing or pausing AI development if serious threats emerge.

Ether (ETH) price gained 3% between Thursday and Friday, outperforming the broader crypto market. The move ties to growing tokenization, Robinhood Chain’s success, and ongoing corporate treasury purchases. However, ETH failed to break above $1,800 amid weak onchain and derivatives metrics. Is Ether price bound to retest $1,700?

Key takeaways:

Ethereum leads RWA tokenization while Robinhood Chain drives fresh ETH inflows and ecosystem growth.Mixed signals persist as BitMine accumulates heavily, yet stagnant onchain metrics signal caution.Robinhood Chain and tokenization growth boost ETH priceThe successful launch of the layer-2 network Robinhood Chain has boosted Ether investors’ sentiment. The newly launched blockchain uses ETH as its native gas token and has netted $106 million in bridge deposits. The TradFi trading platform Robinhood offers tokenized stocks to customers in 120 countries, further strengthening the EVM-compatible ecosystem.

Distributed tokenized assets value per chain, USD. Source: rwa.xyz

Ethereum dominates the RWA (real-world assets) market with a 47% market share, according to Rwa.xyz data. Excluding stablecoins, notable highlights include SKY’s Tether Gold (XAUT), Ondo US Dollar Yield (USDY), and Franklin Templeton’s government bonds (iBENJI). Leaders among tokenized stocks include Strategy’s PP variable (STRCx) from xStocks and Circle Group (CRCLon) from Ondo.

Source: X/LeonWaidmann

Leon Waidmann, head of Research at Lisk, noted that for the first time in history, the Total Value Locked (TVL) on Ethereum at $260 billion surpassed the market cap of Ether, currently at $210 billion. According to Waidmann, this distortion signals that “ETH is underpriced,” as the current relative valuation is lower than in the 2022 bear market.

Weak onchain and derivatives metrics limit Ether’s upsideRegardless of the growing adoption of Ethereum’s layer-2 solutions and the institutional inflows, onchain metrics point to overall stagnation. The 2026 bear market has hurt blockchain demand, while competing blockchains gained ground in specific sectors, including synthetic perpetual futures and automated yield vaults.

Ethereum weekly DApps revenue, USD (left) vs. active addresses (right). Source: DefiLlama

Decentralized applications (DApps) on Ethereum generated $11 million in weekly revenue, down from $20 million in the first quarter of 2026. Notable mentions include Sky at $3.1 million, Titan Builder with $2.4 million, and Chalink’s $1.1 million. Similarly, active addresses dropped to 3.2 million from 5.4 million in the first quarter, according to DefiLlama.

ETH perpetual futures annualized funding rate. Source: Laevitas

Meanwhile, ETH's perpetual futures annualized funding rate dropped to 3% on Saturday, below the 6% neutral threshold signaling weak demand for bullish positions. Current data contrasts with the peak 12% levels from Friday, suggesting that bulls lack confidence. However, institutional inflows likely explain the latest price gains.

Source: X/Arkham

Arkham Intelligence flagged an ETH 20,500 withdrawal on Thursday worth $36 million from Galaxy Digital to a new wallet, a pattern that matches previous Tom Lee’s BitMine Immersion (BMNR US) purchases. BitMine added ETH 198,370 in the past 30 days alone, while the treasury company now holds $10.3 billion in reserves.

Ultimately, mixed signals from strong fundamentals and weak onchain metrics do not justify a retest of the $1,700 level, especially when considering BitMine's impressive accumulation pace.

This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

Ethereum co-founder Vitalik Buterin has weighed in on the future of Artificial Intelligence (AI), emphasizing that its development and governance should not be controlled by a small group of powerful organizations or governments.

In his latest post on X, Buterin stated that the path toward superintelligent AI should involve decentralized and transparent oversight, rather than centralized authority. He argued that such concentration of power would introduce new risks, warning against entrusting AI’s evolution to just a few dominant groups.

Buterin, widely recognized as one of the leading figures in blockchain technology and decentralized systems, expressed concern that excessive control by major tech firms or government agencies could undermine the benefits and safety of future AI systems.

Buterin highlighted that granting a handful of companies or governments the authority to determine who can pursue advanced AI research could pose its own dangers, suggesting that a more open and accessible model is essential for safe AI development.

He suggested that open-source principles should be foundational in AI governance. This, he believes, would allow broader participation, independent oversight, and more resilient safeguards against the misuse or monopolization of AI technology.

Mini dictionary: Vitalik Buterin is a Russian-Canadian programmer and one of the creators of Ethereum, a leading blockchain platform for decentralized applications.

Diverging views on superintelligent AIButerin categorized advocates of AI progress into two broad camps. One side pushes for rapid advancement, anticipating that superintelligent AI could arrive by 2040 or even earlier unless development is deliberately slowed. The other camp perceives AI as an inevitable and transformative technology but suggests its evolution can be safely managed without drastic intervention.

Despite the contrasting outlooks, Buterin reported that both groups share the fundamental question of when, rather than if, superintelligent AI will materialize. He stated that he remains unconvinced by either perspective, citing uncertainties around timelines and potential consequences.

Openness to safeguard discussionsWhile acknowledging the growing debate about possible risks from advanced AI, Buterin said that he is open to discussions about slowing or pausing AI development if credible threats are identified. However, he stressed that such decisions should not be made solely by a small, centralized authority; broad community engagement and transparent processes are essential for establishing legitimate guardrails.

Buterin emphasized his preference for solutions that protect society yet avoid concentrating power over AI’s trajectory into the hands of a select few institutions.

Buterin’s comments reinforce a growing call among technologists for decentralization not only in financial systems, like Ethereum, but also in the oversight and future direction of AI technologies.

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.

JPMorgan Chase is testing an AI investment agent that can autonomously adjust stock and bond allocations.

JPMorgan Chase is testing AI agents that can autonomously adjust the proportion of stock and bond investments to dynamically rebalance portfolios based on changes in market conditions. Test results show that in a 20-year historical backtest, the best-performing AI model delivered an annualized return 0.7 percentage points higher than the traditional "60/40" stock-bond portfolio, while also boasting lower volatility. All 8 AI agents tested by JPMorgan achieved higher risk-adjusted returns. However, the bank noted that the results are still based on simulated tests and do not represent actual investment performance. JPMorgan also warned that large-scale adoption of AI could lead to convergence of trading strategies, increase crowded trades, and amplify market volatility under stressed conditions.

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