USD/JPY gains ground after two days of losses, trading around 162.00 during the Asian hours on Monday. The currency pair is keeping a bullish near-term bias as spot holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
Additionally, the daily technical analysis indicates that the USD/JPY pair is remaining within an ascending channel pattern, suggesting a prevailing bullish bias. Meanwhile, the 14-day Relative Strength Index (RSI) has eased back toward the mid-50s, suggesting the latest consolidation is working off previous overbought conditions without yet undermining the broader uptrend.
The USD/JPY pair could find initial resistance at the 40-year high of 162.84, which was reached on July 1, followed by the upper boundary of the ascending channel around 164.00.
On the downside, the immediate support lies at the nine-day EMA of 161.98, followed by the lower boundary of the ascending channel around 160.80, followed by the 50-day EMA at 160.58. A break below the channel would expose the four-month low of 155.04, recorded on May 6.
USD/JPY: Daily Chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Japanese Yen Price Today The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the weakest against the US Dollar.
USDEURGBPJPYCADAUDNZDCHFUSD0.10%0.14%0.18%0.00%0.31%0.06%0.04%EUR-0.10%0.03%0.07%-0.10%0.22%-0.00%-0.04%GBP-0.14%-0.03%0.07%-0.14%0.20%-0.03%-0.03%JPY-0.18%-0.07%-0.07%-0.18%0.14%-0.08%-0.08%CAD-0.01%0.10%0.14%0.18%0.32%0.12%0.11%AUD-0.31%-0.22%-0.20%-0.14%-0.32%-0.18%-0.19%NZD-0.06%0.00%0.03%0.08%-0.12%0.18%-0.01%CHF-0.04%0.04%0.03%0.08%-0.11%0.19%0.00% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).
Gold prices fell in United Arab Emirates on Monday, according to data compiled by FXStreet.
The price for Gold stood at 478.83 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 486.56 it cost on Friday.
The price for Gold decreased to AED 5,584.80 per tola from AED 5,675.10 per tola on Friday.
Unit measure
Gold Price in AED
1 Gram
478.83
10 Grams
4,788.16
Tola
5,584.80
Troy Ounce
14,893.21
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.)
Gold (XAU/USD) opens with a modest bearish gap at the start of a new week and slides back closer to the $4,050 level during the Asian session. A further escalation of tensions between the US and Iran, along with the closure of the Strait of Hormuz, lifts crude oil prices and revives inflation fears. This, in turn, bolsters expectations of elevated interest rates by the US Federal Reserve (Fed), which benefits the safe-haven US Dollar (USD) and drives flows away from the bullion.
The US unleashed a major round of strikes on Iran over the weekend, while Iran responded with missile attacks on US military bases in the Gulf. Adding to this, Iran’s Islamic Revolutionary Guard Corps (IRGC) fired at another commercial vessel in the Strait of Hormuz and announced the closure of the critical waterway. This adds a layer of uncertainty to global energy markets and triggers a fresh leg up in Crude Oil prices, fueling concerns about energy-driven inflationary pressures and reaffirming bets that the US central bank will raise borrowing costs.
According to the CME Group's FedWatch Tool, traders are currently pricing in a nearly 90% chance of a Fed rate hike by the end of this year. The outlook remains supportive of elevated US Treasury bond yields, assisting the buck to build on its bounce from over a one-week low, touched on Friday, and exerting downward pressure on the non-yielding Gold. The USD bulls, however, seem hesitant and opt to wait for more cues about the US central bank's policy path. Hence, the focus will be on Fed Chair Kevin Warsh's congressional testimony later this week.
Furthermore, traders will take cues from the release of the US Consumer Price Index (CPI) and the Producer Price Index (PPI), due on Tuesday and Wednesday, respectively. The crucial inflation figures will play a key role in influencing the near-term USD price dynamics and provide a fresh impetus to the precious metal. Nevertheless, the aforementioned fundamental backdrop seems tilted in favor of the XAU/USD bears, suggesting that any move higher is more likely to be sold into and remain capped.
XAU/USD daily chart
Gold’s bearish technical setup backs the case for a further depreciationFrom a technical perspective, the commodity remains well below the 200-day Simple Moving Average (SMA) and maintains a bearish bias within a downward-sloping parallel. Meanwhile, the Relative Strength Index (RSI) hovers near 40, and the Moving Average Convergence Divergence (MACD) histogram, although it has eased from recent highs, is mildly positive. This suggests only a modest downside momentum.
In the meantime, the first notable support is aligned with the $4,000 psychological mark ahead of the year-to-date low, around the $3,942 region. A convincing break below would expose the channel’s lower boundary, currently around $3,782.83, where buyers could attempt to stabilize the decline if selling pressure intensifies. On the topside, immediate resistance comes at the channel top near $4,291.51, with a break above this barrier needed to ease the current bearish tone. However, the 200-day SMA at roughly $4,494.65 stands as a more formidable resistance zone that would need to be reclaimed to signal a more durable bullish reversal.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Fed FAQs Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool to achieve these goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed’s 2% target, it raises interest rates, increasing borrowing costs throughout the economy. This results in a stronger US Dollar (USD) as it makes the US a more attractive place for international investors to park their money. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates to encourage borrowing, which weighs on the Greenback.
The Federal Reserve (Fed) holds eight policy meetings a year, where the Federal Open Market Committee (FOMC) assesses economic conditions and makes monetary policy decisions. The FOMC is attended by twelve Fed officials – the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis.
In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used during crises or when inflation is extremely low. It was the Fed’s weapon of choice during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy high grade bonds from financial institutions. QE usually weakens the US Dollar.
Quantitative tightening (QT) is the reverse process of QE, whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing, to purchase new bonds. It is usually positive for the value of the US Dollar.
USD/JPY and the U.S. Dollar Index are approaching critical technical levels. Razan Hilal, FOREX.com Market Analyst, explains why the Dollar Index holding above 100 could fuel a major USD/JPY breakout toward 170 and beyond, while identifying the key support levels that could instead trigger a bearish reversal for both the dollar and the yen.
This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of FOREX.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by FOREX.com.
South Korea's Seoul Composite Index saw its intraday decline widen to 8%.
According to Bitget market data, South Korea's KOSPI extended its intraday decline to 8%. SK Hynix is currently down 13%, while Samsung Electronics has fallen 9%.
1 minutes ago
SPCX has dropped nearly 5% from its first-day opening price, and a whale address that went all in on long positions has been liquidated, with less than $5 remaining after total losses.
According to Hyperinsight monitoring, SPCX opened at $150 on its first trading day, and has now fallen approximately 4.8% from that opening price, leaving just $7.8 between its current price and the $135 IPO price. On its first day, SPCX traded at an ~11.1% premium to its IPO price, and nearly half of that premium has now been erased. All whales holding long positions on the asset on Hyperliquid have moved into unrealized loss territory. Notably, an address starting with 0x8e0 that began going long on SPCX on the day it was added to the Nasdaq still holds a 20x leveraged long position worth roughly $1.985 million. The liquidation price of this position is approximately $137.98, just $4.82 away from the current price, making it the address on the platform closest to liquidation. As of press time, the position’s average entry price is $153.68, while SPCX is currently trading at around $142.80, resulting in an unrealized loss of ~$151,000 and a position return of -141.7%. Data shows this whale has been buying SPCX continuously since July 7, executing a total of 190 trades to open 13,903.45 long contracts, with execution prices ranging from $145.99 to $156.22, for a total trading volume of ~$2.137 million. No voluntary long liquidation records have been observed during this period. - HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain news.
1 minutes ago
South Korea's KOSPI Index plummeted sharply, triggering a circuit breaker.
A South Korean trading platform triggered the KOSPI index circuit breaker, with the index plunging 8% and trading suspended for 20 minutes.
1 minutes ago
Daiwa cuts Tencent's target price to HK$670, revises its AI capital expenditure and earnings forecasts.
Daiwa Securities released a research report projecting that Tencent Holdings will raise its AI capital expenditure expectations, which will pressure its mid-term earnings. Meanwhile, its gaming business growth has slowed amid a high base, though its market share growth momentum remains intact. The brokerage cut Tencent’s 2026 to 2028 earnings per share (EPS) forecasts by 1% to 6% to reflect these impacts. Daiwa sharply raised Tencent’s 2026 AI capital expenditure forecast from the original 108 billion yuan to around 181 billion yuan, to reflect the company’s stronger commitment to AI investment and improved chip supply. While higher depreciation will weigh on its near-term and mid-term earnings performance, this is also expected to drive faster expansion of its cloud business and monetization of AI demand, with such benefits anticipated to materialize as early as the second half of 2026. Daiwa maintained its "Buy" rating on Tencent, lowering its target price from HK$700 to HK$670.
1 minutes ago
Robinhood Founder’s Mnemonic Phrase Leaks During a Live Stream; Hackers Exploit the Leak to Hype Meme Coin $1, and the Associated Address Was Subsequently Frozen.
Token Pocket Chief Business Officer Michael posted that the seed phrase of Robinhood’s founder was leaked during his live stream. Hackers gained control over the address, then used it and associated addresses to purchase large volumes of the meme coin $1, prompting thousands of investors to follow suit. This drove the token’s market cap from roughly $500,000 to $14 million in a short period. The $1 token’s price then plummeted, with its trading volume hitting around $20 million in just two hours. After the relevant address was frozen, hackers quickly moved to BNB Chain (BSC), issued new tokens using that address and its associated addresses, created trading hype through wash trading, and eventually dumped the tokens to cash out. Robinhood’s RPC has frozen the address, with nodes refusing to include transactions from it, making transfers and trading impossible.
1 minutes ago
The Nikkei 225 index posted an intraday decline of over 2%, with Kioxia falling more than 10%.
According to Bitget market data, the Nikkei 225 index saw an intraday decline of 2.00%, while Kioxia fell more than 10%.
TeraWulf CEO Paul Prager discusses the company's deal with Anthropic, projected to generate $19 billion, on ‘The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #terawulf #anthropic #artificialintelligence #ai #datacenter #cloudcomputing #technology #business #investment #stocks #economy #ceo #paulprager #energy #digitalinfrastructure #growth Don't just watch Fox News—be part of it.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the “CSRC”), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu’s financial results were overstated; and (4) as a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Contact Information:
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The Rosen Law Firm, P.A.
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Tel: (212) 686-1060
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www.rosenlegal.com
Robinhood Founder’s Mnemonic Phrase Leaks During a Live Stream; Hackers Exploit the Leak to Hype Meme Coin $1, and the Associated Address Was Subsequently Frozen.
Token Pocket Chief Business Officer Michael posted that the seed phrase of Robinhood’s founder was leaked during his live stream. Hackers gained control over the address, then used it and associated addresses to purchase large volumes of the meme coin $1, prompting thousands of investors to follow suit. This drove the token’s market cap from roughly $500,000 to $14 million in a short period. The $1 token’s price then plummeted, with its trading volume hitting around $20 million in just two hours. After the relevant address was frozen, hackers quickly moved to BNB Chain (BSC), issued new tokens using that address and its associated addresses, created trading hype through wash trading, and eventually dumped the tokens to cash out. Robinhood’s RPC has frozen the address, with nodes refusing to include transactions from it, making transfers and trading impossible.
17 minutes ago
The Nikkei 225 index posted an intraday decline of over 2%, with Kioxia falling more than 10%.
According to Bitget market data, the Nikkei 225 index saw an intraday decline of 2.00%, while Kioxia fell more than 10%.
17 minutes ago
Tom Lee: Ethereum to Kick Off 'Second Growth Curve' as Wall Street Institutions Expand Ecosystem Footprint
Fundstrat co-founder and Bitmine chairman Tom Lee said in a speech at WebX 2026 that Ethereum is at a critical juncture similar to the second-stage growth phase entered by Amazon, NVIDIA, and JPMorgan Chase. He believes Ethereum will follow a similar trajectory. Since its launch, ETH has gone through the ICO boom and the NFT boom, hitting an all-time high of $4,866. In 2025, driven by the approval of spot ETFs and the rapid popularization of stablecoins, it rebounded to $4,955 at one point. Now, the price has fallen to around $1,732, a phase Lee defines as "market capitulation at the bottom". Future growth of ETH 2.0 will rest on four pillars: a new Ethereum Foundation governance structure, Agentic AI, a settlement layer for the financial system, and ETH becoming a true "currency". Lee noted that Wall Street institutions are expanding their footprint in the Ethereum ecosystem, and these large firms' ongoing construction of Layer 2 networks signals that the entire traditional financial system is gradually migrating to the Ethereum ecosystem. Bitmine initially planned to hold 5% of the total global ETH supply over five years, but has now achieved 95% of that target in just 12 months. Currently, the company holds a total of 5.74 million ETH, accounting for approximately 4.8% of the total ETH supply, of which around 4.87 million ETH (about 85%) is staked.
17 minutes ago
Jefferies raises Moderna's price target from $53 to $60.
Jefferies raises its price target for Moderna (MRNA.O) from $53 to $60.
17 minutes ago
US stock after-hours trading: storage sector falls broadly, SanDisk drops more than 5%
According to market data from BIT (bit.com), the storage sector saw broad declines in U.S. after-hours trading, with individual stocks falling as follows: Seagate Technology (STX) dropped 3.99%, Western Digital (WDC) fell 4.39%, SanDisk (SNDK) slid 5.09%, and Micron Technology (MU) declined 4.96%. Note: U.S. after-hours trading runs from 20:00 ET to 4:00 ET the next day, Sunday through Thursday.
17 minutes ago
China's Supreme People's Procuratorate published an article titled "Systematically Resolving the Dilemmas in Criminal Law Regulation of Money Laundering Using Virtual Currency"
According to a report by Procuratorial Daily, researchers from the Yuhu District People's Procuratorate of Xiangtan City, Hunan Province, and the Faculty of Law of Xiangtan University have co-authored an article proposing a systematic solution to the regulatory dilemmas in criminal law for money laundering crimes involving virtual currencies. The article notes that current judicial practice faces three core challenges: behavioral characterization, evidence collection, and recovery of illicit funds and loss compensation. First, Article 191 of China’s Criminal Law, which defines the crime of money laundering, still limits predicate offenses to seven categories, leading to a large number of cases being charged only with the crime of concealing and disguising criminal proceeds. Second, tools such as mixers, privacy coins, and cross-chain transfers fragment the evidence chain, making it difficult for traditional investigation methods to trace the source. Third, conflicts in the legal status of virtual currencies, gaps in procedural rules, and cross-border cooperation barriers hinder the enforcement of illicit fund recovery. In response, the authors put forward targeted suggestions: For the behavioral characterization dilemma, shift from passive identification to active review at the judicial level, and activate the guiding function of procuratorial supervision and assessment standards at the supervisory level. For the evidence verification dilemma, establish adaptive authentication and review standards for electronic evidence, build a tiered standard of proof and reasonable presumption rules, and explore the authorization and standardized application of technical investigation measures. For the illicit fund recovery and loss compensation dilemma, establish a national-level cross-departmental collaborative disposal mechanism, and actively participate in and lead the construction of international rules and cooperation platforms.
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.
A Bitcoin holder, dormant for seven years, has moved a significant amount of 2,931 BTC, valued at approximately $188.03 million, to a new wallet. This event marks the first activity from this holder since acquiring the BTC when its price was around $6,513. The transfer took place without the funds being sent to an exchange, suggesting a motive related to asset consolidation or security rather than an immediate liquidation. The BTC price currently hovers between $64,000 and $65,000, reflecting a substantial increase since the initial acquisition. Market participants often watch such movements closely, as they can sometimes precede broader market shifts.
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Key Takeaways The recent movement of 2,931 BTC from a dormant wallet suggests a focus on asset security rather than immediate liquidation. Markets appear to view this transfer as potentially increasing selling pressure, although the lack of exchange transfer mitigates immediate concerns. Bitcoin’s current price range supports significant unrealized gains for the holder, yet activity remains vigilant for further moves. What to Watch Market participants will be closely monitoring any subsequent transfers from the new wallet, particularly movements towards exchanges, which could indicate potential selling pressure. Additionally, any major announcements from key market influencers like Michael Saylor or Cathie Wood could further impact Bitcoin’s price trajectory. Observers should also watch for changes in Bitcoin’s technical indicators, which may indicate insight into future price movements, especially as markets assess the likelihood of Bitcoin reaching $82,500 in July.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 0.7% — — View market → August 1 2026 51.5% — — View market → August 1 2026 24.5% — — View market → August 1 2026 20.5% — — View market → August 1 2026 2.6% — — View market → August 1 2026 87.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 5.1% — — View market → August 1 2026 1.1% — — View market → August 1 2026 11.5% — — View market → August 1 2026 0.9% — — View market → August 1 2026 6.5% — — View market → August 1 2026 11.5% — — View market → August 1 2026 1.1% — — View market → August 1 2026 0.8% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 72% — — View market →
Michael Saylor and Adam Back came out against the anti-spam soft fork days before an early-August activation deadline it appears certain to miss.
Posted July 12, 2026 at 9:33 pm EST.
Strategy founder Michael Saylor and Blockstream co-founder Adam Back have come out against BIP-110, a proposal to temporarily restrict non-financial data such as NFTs and similar data on the network, weeks before an activation deadline it is on track to miss entirely.
Saylor said in a Saturday post that there are “110 things more dangerous to Bitcoin than spam” and wrote that the measure “turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions,” calling the precedent the real danger. “We should save our energy for threats that really matter,” he concluded.
Back, whose Hashcash work is cited in the Bitcoin white paper, said in his own post that “Bitcoin respectfully says ‘no’ to what you want,” telling the proposal’s backers their recourse is to group together and fork away, but that “bitcoin won’t be joining it.” He added, “the way you propose to achieve your ideas, hard-conflict with free cypherpunk permissionless money.”
The ‘Spam’ vs Censorship Resistance Debate Formally titled the Reduced Data Temporary Soft Fork, BIP-110 is an attempt to block the paths that Ordinals, inscriptions, and token schemes like BRC-20s use to put images and metadata onchain.
The way it would accomplish that is to tighten, for one year, the ways Bitcoin transactions can carry data, capping the OP_RETURN data field, blocking most arbitrary data chunks above 256 bytes, and limiting script formats used mainly for storage. Supporters say the limits keep Bitcoin focused on payments and ease the load on node operators.
The fight is the latest front in a long-running clash over what Bitcoin’s block space is for, the same tension behind the rift between the Bitcoin Core and Knots node software and Bitcoin Core’s move to expand OP_RETURN capacity in its version 30 release.
No Community Support What sets BIP-110 apart is how little support it has. It proposes to be adopted by a user-activated soft fork, in which nodes enforce a rule by rejecting blocks by miners that do not follow it. Rather than the typical 95% signaling threshold, it proposes a 55% bar.
Even at that lower threshold, miner signaling has been hovering around 1%, despite the fact that miners have been able to signal support for the soft fork since March, according to the BIP-110 signaling monitor. Node adoption still sits in the low single digits, carried mostly by Bitcoin Knots.
Developer Jameson Lopp has called the proposal “reckless” and “doomed to fail,” warning that the low threshold raises the odds of a chain split. With the deadline set for no later than block 963,648, which is expected to be reached in early August, a rule enforced by a nominal percentage of nodes and almost no miners would not change Bitcoin for everyone. It would splinter off a minority chain.
Related Listen: Why Saylor’s ‘Inoculate’ Comment May Be a Signal He’ll Sell More Bitcoin
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.
Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF.
The end of the outflow streak could suggest institutional demand for Bitcoin is recovering after two months of sustained selling pressure. However, analysts say it’s too early to tell.
“While one week of inflows doesn’t define a trend, it comes at a time when institutional confidence is growing around the potential passage of the CLARITY Act in the US in August next month,” Monochrome Asset Management founder and CEO Jeff Yew told Cointelegraph.
“This could be an early indication that institutions are beginning to position ahead of greater regulatory certainty, which is often what long-term capital allocators look for.”Meanwhile, 10x Research founder and CEO Markus Thielen said ETF and stablecoin outflows and seasonality in August and September remain headwinds.
“There's also been a pattern over the past few months where Bitcoin performs better in the first half of the month, then consolidates in the latter half. Without flows still pronounced and ETF flows yet to meaningfully pick up, even after Bitcoin's 9%+ jump, the headwinds remain in our view.”
The $197.4 million weekly inflow was modest compared with the $8.26 billion investors withdrew since May 11.
Total spot Bitcoin ETF net inflow. Source: SoSoValue
Last week, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph that Bitcoin could be entering the latter stages of the bear market, based on early technical signs suggesting that selling pressure is easing.
“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.
Other analysts say there could be further downsides ahead.
Russell Thompson, chief investment officer at asset manager Hilbert Capital told Cointelegraph last week that he believes Bitcoin remains in a downcycle and could hit a low around October this year.
Ether ETFs also break outflow streakMeanwhile, US-listed spot Ether ETFs also broke their eight-week losing streak, with $84.42 million in net inflows for the week ended Friday, led by BlackRock and Fidelity’s Ether funds.
The inflows paled in comparison with the $1.2 billion in net outflows since May 11.
Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
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.
US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.
Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF.
The end of the outflow streak could suggest institutional demand for Bitcoin is recovering after two months of sustained selling pressure. However, analysts say it’s too early to tell.
“While one week of inflows doesn’t define a trend, it comes at a time when institutional confidence is growing around the potential passage of the CLARITY Act in the US in August next month,” Monochrome Asset Management founder and CEO Jeff Yew told Cointelegraph.
“This could be an early indication that institutions are beginning to position ahead of greater regulatory certainty, which is often what long-term capital allocators look for.”Meanwhile, 10x Research founder and CEO Markus Thielen said ETF and stablecoin outflows and seasonality in August and September remain headwinds.
“There's also been a pattern over the past few months where Bitcoin performs better in the first half of the month, then consolidates in the latter half. Without flows still pronounced and ETF flows yet to meaningfully pick up, even after Bitcoin's 9%+ jump, the headwinds remain in our view.”
The $197.4 million weekly inflow was modest compared with the $8.26 billion investors withdrew since May 11.
Total spot Bitcoin ETF net inflow. Source: SoSoValue
Last week, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph that Bitcoin could be entering the latter stages of the bear market, based on early technical signs suggesting that selling pressure is easing.
“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.
Other analysts say there could be further downsides ahead.
Russell Thompson, chief investment officer at asset manager Hilbert Capital told Cointelegraph last week that he believes Bitcoin remains in a downcycle and could hit a low around October this year.
Ether ETFs also break outflow streakMeanwhile, US-listed spot Ether ETFs also broke their eight-week losing streak, with $84.42 million in net inflows for the week ended Friday, led by BlackRock and Fidelity’s Ether funds.
The inflows paled in comparison with the $1.2 billion in net outflows since May 11.
Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
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.
Michael Saylor: Wallets, Nodes and Miners in Dynamic Balance Jointly Build the Bitcoin Network
Strategy founder Michael Saylor posted on X that Bitcoin is an evolving network system in which the influence of wallets is determined by the quantity of satoshis held, the importance of nodes is conferred by commercial activity, and miners are weighted by hash power, together building an ecosystem that maintains a dynamic balance between capital, consensus and security.
A Certain Address Bought CASHCAT with a Small Bet, Took Profits and Sold Out Entirely, Achieving a Return of 1211.4%
Another friend on Robinhood Chain who bet small to win big has taken profits. Address 0xae0…72b92 bought $1,190 worth of CASHCAT six days ago at a low price of $0.00664 and sold it all eight hours ago at $0.17585, ultimately pocketing a profit of $14,400 and an eye-popping return of 1211.4%.
CryptoQuant: Bitcoin Short-Term Holder Buying Pressure Still Dominant; ETF Inflows Return but Cannot Confirm Trend Reversal
CryptoQuant analyst Axel Adler stated in a post that his newly launched “Bitcoin STH Realized Pressure Model” shows that buying and selling pressure among short-term holders (STH) is cooling slightly, but buying power still holds the lead. The model measures changes in market bullish and bearish forces by comparing short-term holders’ realized buy pressure and sell pressure. During bear market phases, the metric can serve as a contrarian signal: when prices approach local lows, buyers are usually more active; near local highs, selling pressure tends to rise. Over the past 24 hours, the model has not yet flashed a trend-switch signal. The latest hourly data shows a buy pressure score of 28.57, slightly down from 28.98 the day before; the sell pressure score is 22.62, a small dip from 22.68. Currently, buyers still lead sellers by about 5.94 percentage points. Overall, market buying pressure has cooled somewhat, but short-term holders still maintain the upper hand. Meanwhile, Bitcoin ETF market flows have improved slightly. Against a backdrop of eight consecutive weeks of outflows, the ETF market recently recorded about $197.4 million in net inflows. However, Adler noted that this scale is insufficient to confirm a reversal in institutional demand trends. The ETF 30-day flow momentum remains deeply negative at approximately -$4.73 billion, and cumulative capital has dropped from a peak of around $62 billion to roughly $51 billion, indicating a short-term improvement in flows but not yet a full recovery of sustained institutional buying demand. Axel Adler expects a host of key data and events next week, including further developments in the Middle East, the impact of escalating US-Iran tensions on energy supplies, US mega-bank earnings, a speech by Fed Chair Powell, the June Consumer Price Index (CPI), University of Michigan Consumer Sentiment Index, retail sales, and housing market data.
CZ Donation Address Burns 700 Million CZ and 400 Million TCC
The CZ donation address burned 700 million CZ and 400 million TCC tokens. Both tokens have now seen varying degrees of price increases as a result of the burn.
Possibly Affected by CZ Donation Address Burn, TCC Spikes 103% and CZ Spikes 302% in the Short Term
The CZ donation address previously burned 70% of the CZ “chips” and 40% of the TCC “chips.” Possibly influenced by this, TCC spiked 103% and CZ spiked 302% in the short term.
Serenity: Amplifying Technical Details to Short Tech Giants Is Evolving into a New Traffic Strategy
“White-Haired Stock God” Serenity posted that a new type of “short-selling playbook” targeting trillion-dollar market cap tech companies like Nvidia and TSMC has recently emerged in the market: certain views deliberately magnify issues in specific technical or supply chain links, and then extrapolate to the conclusion that an entire project will be delayed or even that the business has hit a setback. Such operations often place companies in a dilemma: if the company chooses not to respond, the statements may negatively affect the stock price and market sentiment; if the company steps up to clarify, it is difficult to disclose too many details because supply chain information usually involves trade secrets, and external doubts may not necessarily disappear. Serenity further stated that under the current social media environment and traffic incentive mechanisms, this model of creating controversy and magnifying partial problems to capture attention is being replicated by more and more people, and its long-term development trend deserves market vigilance.
Data: Tokens Like DBR, ARB, YZY to See Large Unlocks Next Week, DBR Unlock Worth About $10.1 Million
Token Unlocks data shows that tokens such as DBR, ARB, and YZY will undergo large unlocks next week, among which: deBridge (DBR) will unlock approximately 618 million tokens on July 17 at 8:00 AM Beijing time, representing roughly 11.4% of circulating supply, worth about $10.1 million; Arbitrum (ARB) will unlock approximately 92.65 million tokens on July 16 at 9:00 PM Beijing time, roughly 1.65% of circulating supply, worth about $8.5 million; YZY (YZY) will unlock approximately 20.83 million tokens on July 17 at 11:00 AM Beijing time, roughly 4.1% of circulating supply, worth about $6.1 million; Starknet (STRK) will unlock approximately 127 million tokens on July 15 at 8:00 AM Beijing time, roughly 3.74% of circulating supply, worth about $3.9 million; Sei (SEI) will unlock approximately 55.56 million tokens on July 15 at 8:00 PM Beijing time, roughly 0.91% of circulating supply, worth about $2.8 million.
Analysis: Stablecoin Total Market Cap Has Shrunk by About $10 Billion from May Peak, but Long-Term Growth Trend Remains Intact
The stablecoin market experienced its largest pullback in recent years in June, with total market cap declining by $7.7 billion during the month, the biggest single-month drop since the Terra-Luna collapse in May 2022. Since the peak in May, the stablecoin market has cumulatively shrunk by approximately $10 billion, a total size decline of around 3%. The two largest stablecoin issuers were the main drivers of this pullback. USDT issued by Tether saw its market cap fall from roughly $190 billion in May to $184 billion, a decline of about $6 billion; USDC issued by Circle retreated from a high near $80 billion in March 2025 to approximately $73 billion, shrinking by roughly $7 billion. Compared with the cumulative decline of more than 26% in the stablecoin market during the crypto winter of 2022, however, this round of adjustment remains relatively mild. Data shows that from March 2022 to September 2023, the total market cap of major stablecoins dropped from about $166 billion to $122 billion, during which the TerraUSD crash, FTX bankruptcy and the failure of multiple crypto lending institutions severely hit market liquidity. Despite overall market pressure, the competitive landscape of the stablecoin industry is changing. As regulatory advances such as the US GENIUS Act push stablecoins toward payment and settlement use cases, more issuers are entering the fray. The circulation of USDG, issued by Paxos and supported by institutions such as Robinhood, has surpassed $3.2 billion, while the circulation of USDGO, launched by Anchorage Digital and Hong Kong’s OSL Group, has nearly doubled to $900 million. Wall Street institutions remain bullish on the long-term outlook for stablecoins. Citi previously estimated that the global stablecoin market could reach $1.9 trillion in a base-case scenario and $4 trillion in a bull-case scenario by 2030; Standard Chartered forecasts that the stablecoin market will grow to $2 trillion by 2028. Analysts note that stablecoin supply growth has historically been a key driver of crypto bull markets, and the current overall contraction in supply means less new liquidity on-chain. Without new demand for capital, the difficulty of sustaining upward momentum for crypto assets may increase.
Trump: The Strait of Hormuz Is Open
U.S. President Trump stated that the Strait of Hormuz is open.
Fidelity: Bitcoin enters long-term value observation zone, short-term reversal still requires liquidity return
Fidelity Global Macro Head Jurien Timmer stated that Bitcoin is approaching the bottom support line of its long-tracked "Power Law" model, which has been used since 2015 to analyze Bitcoin price cycles and has captured several major market bottoms. Jurien Timmer's Power Law model is built on Bitcoin's complete price history, divided into three curves on logarithmic coordinates: an upper resistance line, a middle trend line, and a lower support line. According to the latest chart, this long-term support level currently sits around $58,000, while Bitcoin's current price is about $62,700, gradually nearing that area. Another indicator in the model shows Bitcoin's current trading price deviates from the power law trend line by roughly -56%, entering what the model defines as the "Accumulation Zone." This level previously corresponded to market bottom areas in 2018 and 2022. Additionally, Bitcoin's 52-week performance ratio relative to gold has also pulled back sharply, now at around -100%. However, Jurien Timmer did not confirm that the market has bottomed. He noted that the speculative premium which pushed Bitcoin above $120,000 last year has largely faded, while global money supply growth is slowing. The market still lacks a key catalyst to drive a price reversal. Bitcoin may oscillate near the long-term support line for months rather than staging a quick rebound. Short-term capital has already exited, and capital flows have rotated from Bitcoin to gold, and then from gold to the semiconductor sector. Currently, the market's hot pursuit is mainly concentrated in semiconductors.
A whale deposits $107 million in assets on HyperLend, borrows $70.94 million and stakes HPL to reduce fees
A whale recently deposited approximately $107.21 million in assets into HyperLend and borrowed around $70.94 million against them. The address's current collateral includes about 1.56 million $kHYPE and has borrowed about 1.06 million $WHYPE, with a Health Factor of 1.31, at a leverage level that warrants attention. Additionally, the whale staked 12,305 $HPL tokens, expected to save roughly $68,000 in fees annually. Approximately $39,100 in fees have already been saved. Analysts believe this large-scale borrowing operation demonstrates that some funds are using on-chain lending protocols to improve capital efficiency while leveraging protocol incentive mechanisms to lower capital costs.
A Bitcoin whale dormant for seven years moves 2,931 BTC, worth about $188 million
A Bitcoin whale address that had been dormant for seven years has moved 2,931 BTC (worth $188 million) to a new address. If these bitcoins are sold, the address stands to gain an investment return of about 10x.
Thai banks require proof of source for individual cash deposits exceeding 5 million baht and strengthen stablecoin transaction monitoring
Thailand will require individuals to verify the source of funds when depositing more than 5 million baht (about $150,000) in cash. This intervention expands commercial banks' compliance responsibilities across cash networks, large currency exchanges, precious metal trading, and suspicious stablecoin transactions, directly preventing regulated entities from facilitating systemic corruption or the shadow economy. Additionally, Thailand's central bank and the Securities and Exchange Commission (SEC) are jointly conducting audits, with a focus on Tether (USDT), to identify and block illicit fund flows. The crackdown also includes strengthening controls over precious metal trading, requiring banks to report suspicious patterns, such as rapid digital purchases and same-day physical withdrawals, to combat money laundering.
SpaceXAI and Starlink official X accounts suspected hacked, retweeted a meme coin then Rug Pull, tweets now deleted
The official X accounts of SpaceXAI and Starlink retweeted a Robinhood Chain meme coin. The posting accounts were suspected compromised and marked as "associated with SpaceX." The token quickly surged to a $2 million market cap before an immediate Rug Pull. The relevant repost has now been deleted.
Hacker who breached SpaceXAI and Starlink official X accounts made a total of $135,000
A hacker issued a token named $SCATMAN and promoted it after compromising the official X accounts of SpaceXAI and Starlink. The hacker then dumped all 10 trillion $SCATMAN minted for 59 ETH (about $108,000). Another wallet controlled by the hacker also sold 59.28 million $SCATMAN for 14.7 ETH (about $27,000). The hacker made a total profit of roughly $135,000.
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.
Empery Digital Inc. (NASDAQ: EMPD) has substantially trimmed its cryptocurrency reserves. The Nasdaq-listed firm recently offloaded approximately 1,400 BTC, generating gross proceeds of about $87.1 million. This transaction, executed since early May at an average sale price of roughly $62,200 per coin, represents nearly half of the company’s prior Bitcoin position.
Following the sales, Empery Digital’s holdings stand at 1,514 BTC as of July 10, valued at approximately $96.5 million amid prevailing market conditions.
The company also reports holding around $73.9 million in cash reserves while maintaining $45 million in outstanding debt obligations.
Management has outlined clear allocations for the freshly raised capital.
A portion—specifically $10 million—was directed toward retiring a segment of existing debt on July 7.
The balance supports several key initiatives, including a previously disclosed real estate transaction valued at $65 million.
This deal involves securing a 25% interest in an entity acquiring a Midwest property slated for transformation into a high-capacity AI data center, with potential expansion from 150 megawatts to 300 megawatts.
Additional funds will cover elevated legal expenditures linked to ongoing shareholder litigation and sustain day-to-day corporate activities.
This development signals a strategic pivot for Empery Digital, which rebranded and embraced a Bitcoin-centric treasury approach in 2025.
Originally focused on aggregating digital assets as a core holding, the firm is now broadening its scope to encompass AI infrastructure and energy-related ventures.
Executives have highlighted the data center opportunity as particularly compelling, citing features like tenant-supported development.
In tandem with these changes, the company is updating its public reporting tools, moving away from a Bitcoin-exclusive focus to better reflect its diversified interests.
The decision comes against a backdrop of broader trends in corporate crypto management.
Several prominent Bitcoin treasury operators have begun viewing their digital asset stockpiles as flexible liquidity tools rather than static long-term stores of value.
This approach allows firms to navigate debt commitments, pursue growth opportunities, and manage operational demands without solely relying on traditional financing.
Empery had previously signaled that selective Bitcoin dispositions might occur as part of its capital strategy, consistent with disclosures in earlier regulatory filings.
Market reaction to the announcement has been relatively measured, with the company’s shares showing modest gains in recent trading sessions.
This sale underscores the balancing act public companies face: leveraging Bitcoin’s volatility and upside potential while ensuring sufficient liquidity for obligations and expansion.
As Empery transitions toward hybrid operations in digital assets and AI infrastructure, observers will watch closely to see how this recalibration influences its performance and shareholder value.
The move also highlights ongoing challenges in the sector, such as legal pressures and the capital intensity of new tech infrastructure projects. While Bitcoin remains a material asset on the balance sheet, its role appears to be evolving from primary focus to strategic enabler.
Bitcoin [BTC] has spent days consolidating at the time of writing and was on the edge of a decisive move. The asset has failed to reclaim the $64K level for a third consecutive time, and the momentum behind each attempt has weakened.
Bitcoin will need far stronger momentum to force a rally, and several factors will decide whether that happens. Among them, the role of miners cannot be dismissed, since their actions tend to shape market direction.
Bitcoin mining stocks stay under water Bitcoin miners, responsible for securing the network, have traded underwater for weeks. Notably, over the past month alone, the Artemis Theme Tracker recorded a 10% decline across these Bitcoin mining stocks.
Source: Artemis The tracker follows eleven Bitcoin mining stocks currently valued at $102.9 billion. Iris Energy [IREN] and Applied Digital [APLD] have absorbed the steepest losses over the past month, down 20.1% and 20%, respectively, while Hut 8 Mining and Hive Digital Technologies have slipped 3.3% and 4.3%.
Cipher Mining [CIFR] stood as the only name in the category to hold net positive, rising 5.2% over the same period and outperforming the S&P 500, which gained 1.5% across the month.
The question is whether miners will offload their BTC, particularly as mining costs climb; paired with Bitcoin’s underperformance, that pressure could build further.
What will Bitcoin miners do Miners have kept their Bitcoin positions steady despite the growing threat of selling in the market. At press time, the Bitcoin Miners’ Position Index (MPI) reflected near‑term confidence with a reading of -1.1, with miners continuing to accumulate.
The metric measures the ratio of total miner outflows in USD to their one-year moving average, and a reading below that average typically signals that miners are holding their assets.
Source: CryptoQuant The Miner Supply Ratio, which tracks how much of Bitcoin’s supply miners hold, has likewise been climbing, an overall sign of accumulation.
The climb began on the 8th of July and has continued since, with the supply ratio reaching 0.05951 at press time. A sustained rise would reinforce a supportive dynamic for Bitcoin, provided miners keep their assets off the market.
Miners hold their reserves steady Miners remain central to Bitcoin’s price performance, as their decision to sell or hold can steer direction.
The group controls roughly 1.1933 million Bitcoin, just over 5% of the total supply in the market, and any move to sell could weigh on the asset and drag it lower.
Source: CryptoQuant Currently, though, this group is doing the opposite despite the decline in Bitcoin’s price over the past weeks. Their holdings have edged up to 1.1938 million, one of the highest levels since early May.
Final Summary Bitcoin miners are accumulating rather than selling, with holdings edging up to 1.1938 million BTC, even as mining stocks trade under water. Bitcoin has failed to reclaim $64,000 for a third straight time, and with the Miners’ Position Index at -1.1, miner conviction remains one of the few supports underpinning the asset.
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.
Robinhood Founder’s Mnemonic Phrase Leaks During a Live Stream; Hackers Exploit the Leak to Hype Meme Coin $1, and the Associated Address Was Subsequently Frozen.
Token Pocket Chief Business Officer Michael posted that the seed phrase of Robinhood’s founder was leaked during his live stream. Hackers gained control over the address, then used it and associated addresses to purchase large volumes of the meme coin $1, prompting thousands of investors to follow suit. This drove the token’s market cap from roughly $500,000 to $14 million in a short period. The $1 token’s price then plummeted, with its trading volume hitting around $20 million in just two hours. After the relevant address was frozen, hackers quickly moved to BNB Chain (BSC), issued new tokens using that address and its associated addresses, created trading hype through wash trading, and eventually dumped the tokens to cash out. Robinhood’s RPC has frozen the address, with nodes refusing to include transactions from it, making transfers and trading impossible.
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The Nikkei 225 index posted an intraday decline of over 2%, with Kioxia falling more than 10%.
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Tom Lee: Ethereum to Kick Off 'Second Growth Curve' as Wall Street Institutions Expand Ecosystem Footprint
Fundstrat co-founder and Bitmine chairman Tom Lee said in a speech at WebX 2026 that Ethereum is at a critical juncture similar to the second-stage growth phase entered by Amazon, NVIDIA, and JPMorgan Chase. He believes Ethereum will follow a similar trajectory. Since its launch, ETH has gone through the ICO boom and the NFT boom, hitting an all-time high of $4,866. In 2025, driven by the approval of spot ETFs and the rapid popularization of stablecoins, it rebounded to $4,955 at one point. Now, the price has fallen to around $1,732, a phase Lee defines as "market capitulation at the bottom". Future growth of ETH 2.0 will rest on four pillars: a new Ethereum Foundation governance structure, Agentic AI, a settlement layer for the financial system, and ETH becoming a true "currency". Lee noted that Wall Street institutions are expanding their footprint in the Ethereum ecosystem, and these large firms' ongoing construction of Layer 2 networks signals that the entire traditional financial system is gradually migrating to the Ethereum ecosystem. Bitmine initially planned to hold 5% of the total global ETH supply over five years, but has now achieved 95% of that target in just 12 months. Currently, the company holds a total of 5.74 million ETH, accounting for approximately 4.8% of the total ETH supply, of which around 4.87 million ETH (about 85%) is staked.
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Jefferies raises Moderna's price target from $53 to $60.
Jefferies raises its price target for Moderna (MRNA.O) from $53 to $60.
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US stock after-hours trading: storage sector falls broadly, SanDisk drops more than 5%
According to market data from BIT (bit.com), the storage sector saw broad declines in U.S. after-hours trading, with individual stocks falling as follows: Seagate Technology (STX) dropped 3.99%, Western Digital (WDC) fell 4.39%, SanDisk (SNDK) slid 5.09%, and Micron Technology (MU) declined 4.96%. Note: U.S. after-hours trading runs from 20:00 ET to 4:00 ET the next day, Sunday through Thursday.
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China's Supreme People's Procuratorate published an article titled "Systematically Resolving the Dilemmas in Criminal Law Regulation of Money Laundering Using Virtual Currency"
According to a report by Procuratorial Daily, researchers from the Yuhu District People's Procuratorate of Xiangtan City, Hunan Province, and the Faculty of Law of Xiangtan University have co-authored an article proposing a systematic solution to the regulatory dilemmas in criminal law for money laundering crimes involving virtual currencies. The article notes that current judicial practice faces three core challenges: behavioral characterization, evidence collection, and recovery of illicit funds and loss compensation. First, Article 191 of China’s Criminal Law, which defines the crime of money laundering, still limits predicate offenses to seven categories, leading to a large number of cases being charged only with the crime of concealing and disguising criminal proceeds. Second, tools such as mixers, privacy coins, and cross-chain transfers fragment the evidence chain, making it difficult for traditional investigation methods to trace the source. Third, conflicts in the legal status of virtual currencies, gaps in procedural rules, and cross-border cooperation barriers hinder the enforcement of illicit fund recovery. In response, the authors put forward targeted suggestions: For the behavioral characterization dilemma, shift from passive identification to active review at the judicial level, and activate the guiding function of procuratorial supervision and assessment standards at the supervisory level. For the evidence verification dilemma, establish adaptive authentication and review standards for electronic evidence, build a tiered standard of proof and reasonable presumption rules, and explore the authorization and standardized application of technical investigation measures. For the illicit fund recovery and loss compensation dilemma, establish a national-level cross-departmental collaborative disposal mechanism, and actively participate in and lead the construction of international rules and cooperation platforms.
TLDR: Bitcoin ETFs attracted $197.4 million and ended an eight-week withdrawal streak, although the inflow recovered only a small part of earlier losses. BlackRock’s IBIT recorded $291.9 million in weekly inflows, while Grayscale, Fidelity and ARK funds experienced combined investor withdrawals. The category lost about $8.26 billion during the prior eight weeks, leaving analysts cautious about declaring a lasting institutional demand recovery. Weak trading volumes and the July 14 U.S. inflation report could determine whether the latest ETF inflows develop into a broader allocation shift. U.S.-listed Bitcoin ETFs attracted $197.4 million in weekly net inflows, ending eight straight weeks of withdrawals. The reversal arrived as Bitcoin recovered from recent lows, yet the latest total remains small compared to earlier losses.
Investors removed about $8.26 billion from the funds after May 11. BlackRock’s IBIT supplied most of the new capital, while several competing products recorded redemptions.
The shift offers the first positive weekly signal since early May. Still, muted trading activity and uneven daily flows leave institutional demand difficult to judge. Tuesday’s U.S. inflation report may decide whether the improvement gains momentum or fades quickly.
Bitcoin ETFs Gain $197M as BlackRock Leads Weekly Flows Farside Investors data shows Bitcoin ETFs opened the week with $265.7 million in net inflows. Demand then slowed to $21.5 million on Tuesday.
Source: SoSoValue Combined withdrawals reached about $180.2 million across Wednesday and Thursday. Friday’s $90.4 million inflow kept the weekly result positive.
BlackRock’s iShares Bitcoin Trust recorded $291.9 million in weekly inflows. That amount exceeded the category’s final net gain.
Grayscale’s GBTC lost roughly $108.2 million, while Fidelity’s FBTC shed about $93.4 million. ARK 21Shares’ ARKB also posted a weekly outflow near $15.3 million.
The concentration shows that demand did not improve across every product. Instead, investors favored selected funds while reducing exposure elsewhere.
Bitcoin ETFs recovered only about 2.4% of the $8.26 billion withdrawn during the previous eight weeks.
That gap limits claims of a broad institutional comeback. One positive week can mark an early shift, but sustained allocations would offer stronger evidence. Daily data also showed that buyers stepped back after Monday’s strong opening.
Ether funds displayed a similar pattern. U.S. spot Ether ETFs attracted $84.4 million and ended their own eight-week withdrawal streak.
Those products had lost around $1.2 billion over the prior period. The two categories recorded a combined weekly inflow of $281.8 million.
Low Trading Volumes Keep Institutional Recovery in Doubt Trading activity remained weak despite the return of capital. Weekly Bitcoin ETF volume reached about $84.1 billion, the lowest normal five-day total since October 2025.
Ether ETF turnover fell to $20.5 billion, its weakest reading since May 2025. Lower volume suggests many investors still prefer to wait for firmer market direction. Bitcoin ETFs also remain down roughly $5.34 billion during 2026.
Ether funds show about $1.35 billion in yearly net outflows. Bitcoin’s recent price rebound has not yet produced consistent ETF demand. The funds posted sizable midweek redemptions despite ending the week in positive territory.
That split supports the view that portfolio managers remain selective rather than fully risk-on. Bitcoin ETFs may need several positive weeks before the trend signals renewed institutional allocation.
Seasonal conditions may add pressure. August and September often bring weaker trading conditions, while recent Bitcoin gains have tended to fade later in the month.
The next major test arrives with the June U.S. Consumer Price Index on Tuesday, July 14. The Bureau of Labor Statistics will release the report at 8:30 a.m. Eastern Time.
A softer reading could support risk assets and extend ETF inflows. A hotter figure could revive rate concerns and encourage another round of redemptions.
Bitcoin (BTC) is trading around $63,396 on July 13, 2026. It is still nearly 50% below its all-time high of $126,198. While short-term price action remains choppy, Eric Trump says institutional adoption is accelerating faster than ever. He believes Bitcoin still has a long way to go.
Eric Trump Sticks to $1 Million Bitcoin CallSpeaking in a recent interview, Eric Trump said Bitcoin is entering a new phase of adoption. This is as traditional financial institutions continue embracing crypto.
“The floodgates are opening,” Trump said, pointing to major firms like Charles Schwab, Fidelity, and JPMorgan Chase expanding Bitcoin services. He shared that when he recently logged into his Fidelity account, he was prompted to create a digital asset wallet. Therefore, it is now easier than ever for customers to buy Bitcoin.
According to Trump, the biggest change is accessibility. Investors no longer need to rely on complicated wallets or self-custody. Now Bitcoin is available through spot ETFs and large financial institutions.
“We are on the one-yard line of cryptocurrency, and we’ve got another whole field to run,” he said.
Trump also doubled down on his long-term prediction, saying, “I do think it hits a million dollars eventually. I’ve never been more bullish on anything in my life.” He added that stronger crypto legislation in the U.S. has only increased his confidence.
Perhaps his boldest claim came when discussing institutional demand. “I talk to the biggest companies, the biggest families in the world, and every single one of them is racing to buy Bitcoin,” Trump said.
American Bitcoin Stock Struggles Despite Bigger BTC HoldingsInterestingly, Trump’s bullish comments come even as American Bitcoin, the mining company he co-founded, continues to face pressure in the stock market.
According to Bloomberg, the company’s shares have dropped more than 95% from their peak, wiping out over $600 million from the value of Eric Trump’s roughly 6% stake over the past 10 months. The company recently carried out a 1-for-15 reverse stock split to maintain its Nasdaq listing. Still, it hit a record low last week.
Despite the weak stock performance, American Bitcoin continues to build its Bitcoin treasury. The company purchased 500 BTC this week, taking its total holdings to more than 8,000 BTC. However, its first-quarter results showed an operating loss of $118.2 million, including a $117.2 million Bitcoin impairment charge.
U.S. Strategic Bitcoin Reserve Adds Long-Term ConfidenceSupporting the long-term bullish narrative, the U.S. government now holds around 328,372 BTC, worth roughly $20-$25 billion. These assets are primarily acquired through criminal asset seizures. The holdings are managed as part of the Strategic Bitcoin Reserve (SBR), established under a White House Executive Order.
While Bitcoin remains well below its record high, growing institutional participation, improving regulation, and continued accumulation by both private investors and governments are keeping long-term expectations firmly intact.
Story Ends Here
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US-listed Bitcoin exchange-traded funds (ETFs) attracted $197.4 million in net inflows for the week, breaking an eight-week stretch of continuous withdrawals. The inflow comes after Bitcoin rebounded from recent lows, but the amount represents only a small recovery compared to losses seen in previous weeks.
BlackRock dominates new inflows, while others see redemptionsBlackRock’s iShares Bitcoin Trust (IBIT) led the weekly inflow, drawing in $291.9 million. BlackRock is a global investment management corporation recognized as one of the world’s largest asset managers.
While IBIT gathered significant capital, rival funds experienced outflows. Grayscale’s GBTC lost approximately $108.2 million, Fidelity’s FBTC faced redemptions of about $93.4 million, and ARK 21Shares’ ARKB saw weekly outflows near $15.3 million.
This mixed performance demonstrates that investors favored particular products, focusing their allocations rather than returning broadly to the category.
Since May 11, investors had pulled around $8.26 billion from US Bitcoin ETFs. The latest $197.4 million inflow recoups just 2.4% of these earlier withdrawals, signaling only a tentative return of institutional interest.
Despite BlackRock’s momentum, the broader group “recovered only about 2.4% of the $8.26 billion withdrawn during the previous eight weeks.” The discrepancy led analysts to urge caution before declaring a solid institutional comeback.
Daily flows highlighted the fragile recovery. The week started strongly with $265.7 million in net inflows, then slowed sharply to $21.5 million the following day. Combined outflows of $180.2 million were recorded across Wednesday and Thursday, while Friday’s $90.4 million inflow helped secure a positive weekly total.
ETF ProductWeekly Net FlowBlackRock IBIT+$291.9 millionGrayscale GBTC– $108.2 millionFidelity FBTC– $93.4 millionARK 21Shares ARKB– $15.3 millionEther funds follow similar trendUS-listed spot Ether ETFs mirrored the reversal seen in Bitcoin funds, recording $84.4 million in weekly inflows. This ended their own eight-week outflow streak, though these products had lost roughly $1.2 billion over the earlier period. Combined, Bitcoin and Ether spot ETFs attracted $281.8 million in new capital throughout the week.
Mini dictionary: Spot ETF, an exchange-traded fund that invests directly in the underlying cryptocurrency instead of using futures contracts or derivatives.
Muted volumes and upcoming US inflation report keep outlook in questionWeekly trading volumes in Bitcoin ETFs reached $84.1 billion, marking the lowest normal five-day total since October 2025. For Ether ETFs, turnover dropped to $20.5 billion, the weakest level since May 2025. Analysts point to these muted activity levels as signs that many investors remain cautious and are waiting for clearer direction before allocating new capital.
Despite this week’s inflows, Bitcoin ETFs are down roughly $5.34 billion for the year, while Ether funds have seen net outflows of about $1.35 billion in 2026. The price rebound in Bitcoin has yet to spark consistent ETF demand, as sizable midweek redemptions offset gains early in the week. Analysts noted that many portfolio managers remain selective, rather than shifting broadly to risk assets.
“Bitcoin ETFs may need several consecutive weeks of positive flows before a genuine institutional allocation trend is established,” several analysts observed as activity cooled through the week.
Seasonal factors could also weigh on the outlook, as August and September typically bring weaker trading conditions, and Bitcoin’s recent rallies have often faded by the end of the month.
A key development comes on July 14, when the Bureau of Labor Statistics releases the June US Consumer Price Index (CPI) report. The result is expected to influence sentiment in both ETF flows and broader risk markets. Market participants are watching whether a softer inflation reading could boost risk-taking and prolong capital inflows, or if elevated inflation might drive renewed outflows from crypto ETFs.
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.
Shares of Meta Platforms (META +6.16%) climbed about 15% this past week after the social media and cloud computing colossus disclosed some exiting developments.
Image source: The Motley Fool.
Meta wants to make its own AI chips Meta will launch a custom-designed artificial intelligence (AI) chip in September, according to a Reuters. The new chips are part of the cloud giant's plans to increase its computing capacity to 14 gigawatts (GW) in 2027 from a projected 7 GW in 2026.
For context, a single gigawatt can power roughly 750,000 homes.
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Meta's custom chips are intended to reduce its reliance on chipmakers like Nvidia and Advanced Micro Devices, which have enjoyed tremendous pricing power as demand for their products has outpaced supply.
By making more of its own chips, Meta should be able to reduce its infrastructure costs and alleviate supply constraints. To do so, Meta is reportedly partnering with Broadcom and Taiwan Semiconductor Manufacturing.
Looking further ahead, Meta hopes to develop upgraded versions of its chips at an aggressive six-month cadence.
Entering the AI coding arena Meta also debuted an upgraded version of its Muse Spark AI model on Thursday.
Muse Spark 1.1 was designed by Meta Superintelligence Labs (MSL) to excel at agentic AI and coding tasks. It's significantly faster than previous versions and can quickly orchestrate multi-agent systems. This means it's well suited to serve as the main agent and delegate work to subagents.
Additionally, Meta says that from a coding perspective, Muse Spark 1.1 is substantially better at diagnosing and fixing bugs.
Taken together, these developments helped to reassure investors that Meta remains at the cutting edge of the AI race.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Broadcom, Meta Platforms, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.
Evernorth, a multi-million-dollar digital asset treasury company dedicated to expanding the XRP ecosystem, has established its presence in the Japanese market.
The newly formed company officially announced its expansion via the launch of a dedicated Japanese account on the X social media platform.
The firm’s @evernorth_jp account acknowledged the country's historical support for the cryptocurrency, stating: "Japan believed in XRP early on. Together, we will build from here."
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Evernorth clarified that its regional communications will be strictly analytical and informational. "In this account, we will analyze market movements from our unique perspective and deliver professional content in an easy-to-understand way," the company stated, adding a firm boundary that it "will not discuss prices."
Why Japan mattersJapan’s significance to the XRP community cannot be overstated.
Ripple spent years embroiled in a bitter legal dispute with the U.S. Securities and Exchange Commission (SEC) over regulatory classification, but Japan offered early regulatory clarity and an environment eager to experiment with blockchain-based financial solutions.
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A primary driver of this relationship is the Japanese financial conglomerate SBI Holdings. The firm has been a staunch advocate for the token’s utility in cross-border remittances and established the joint venture SBI Ripple Asia to promote its practical use.
One of the biggest XRP treasuries Evernorth recently announced plans to go public on the U.S. Nasdaq market under the ticker XRPN. The company expects to raise over $1 billion to build one of the world's largest public XRP treasuries.
Notably, SBI Holdings acts as a primary anchor investor in the venture, injecting $200 million into Evernorth alongside Ripple and other institutional players.
The launch of a localized presence indicates that Evernorth intends to leverage these existing financial ties. The treasury firm is positioning itself to build real-world momentum away from U.S. regulatory headwinds.
Evernorth, a digital asset treasury company managing multi-million-dollar reserves, has entered the Japanese market as part of its mission to advance the XRP ecosystem. The company’s expansion underlines the growing significance of institutional adoption in Asia for Ripple and its affiliated token, XRP.
Expansion into JapanEvernorth marked the launch of its Japanese operations by introducing a new, dedicated Japanese-language account on the X social media platform. The official @evernorth_jp account described Japan as an early supporter of XRP and expressed the intention to work collaboratively with the local community. The inaugural message referenced Japan’s longstanding faith in the cryptocurrency, stating: “Japan believed in XRP early on. Together, we will build from here.”
The company emphasized that all communications in the region would be analytical and focused on information-sharing. “In this account, we will analyze market movements from our unique perspective and deliver professional content in an easy-to-understand way,” Evernorth stated in its opening announcement, also clarifying that the platform will refrain from discussing token prices or making market predictions.
Japan’s role in the XRP landscapeJapan maintains a notable position within the global XRP community. While Ripple endured lengthy legal uncertainties with the U.S. Securities and Exchange Commission (SEC) regarding the classification of XRP, Japanese authorities provided early regulatory guidance, giving XRP a credible foundation and fostering innovation within blockchain-based finance.
A central figure in this development is SBI Holdings, a leading Japanese financial conglomerate. SBI Holdings partnered with Ripple to form SBI Ripple Asia, aiming to promote XRP as a mainstream solution for cross-border remittances. The company continues to support initiatives that enhance the practical use of XRP among institutional and retail players.
Mini dictionary: SBI Holdings, a major Japanese financial services group, has invested heavily in blockchain and digital asset technologies, including a strategic partnership with Ripple to facilitate faster cross-border payments using XRP.
Evernorth’s corporate structure and IPO plansEvernorth’s connections to Japan extend beyond market engagement. The company recently revealed plans to go public in the United States and list on the Nasdaq stock exchange under the ticker symbol XRPN. Evernorth intends to raise more than $1 billion through this offering, with the goal of establishing one of the world’s largest publicly managed XRP treasuries.
SBI Holdings has committed $200 million as a lead investor in Evernorth, joining Ripple and other key institutional backers. This anchor investment reflects the company’s continued support for XRP adoption at scale.
EntityRole / ContributionInvestment / ParticipationSBI HoldingsLead anchor investor$200 millionRippleInstitutional investorUndisclosedEvernorthIssuer, manages XRP treasuryTargets $1 billion+ IPOInstitutional ambitions in AsiaEvernorth’s decision to invest in localized operations reflects its ambition to build on established relationships with Japanese financial institutions. Megumi Nakamura, Evernorth’s chief operating officer, identified Japan as a vital testbed for expanding the use of XRP in institutional settings. By aligning its business with a market that already recognizes and utilizes the digital asset, Evernorth aims to drive practical adoption without the regulatory challenges seen elsewhere.
Japan has been recognized as a critical early adopter of XRP, providing the regulatory clarity and financial support necessary to advance blockchain-based payment solutions. As Evernorth deepens its integration in Japan, it seeks to create practical use cases for XRP outside the U.S. regulatory arena.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP showed further signs of weakness today after breaking below a key technical formation, raising concerns that the token could fall back to $1.00 if current support levels do not hold. The price action reflected ongoing selling pressure, even as some indicators pointed to a potential rebound scenario.
XRP fails to maintain upward momentumAt press time, XRP was priced at $1.09. The 24-hour trading volume stood at $997.07 million, and market capitalization reached $68.30 billion. The token declined by 1.18% over the last 24 hours, consistent with the broader bearish sentiment seen across the cryptocurrency market.
ChartNerd, a widely followed analyst in the cryptocurrency space, released an update on July 12, 2026, noting that XRP had moved beneath its ascending channel on the four-hour chart. The digital asset is now challenging a crucial upward support line, with market participants watching closely to see if buyers can preserve this level.
The maintenance of this ascending support is seen as critical for bulls. Failure to hold could open the door for XRP to test psychological support at $1.00 in the coming sessions.
Key resistance and technical indicators in focusIf buyers succeed in defending current support, attention will turn to the resistance at $1.15. A move above this level could create conditions for a recovery. Conversely, failing to maintain support could see XRP revisit lower levels as bearish momentum builds.
The Relative Strength Index (RSI), a popular momentum indicator, reads 44.41, with its signal line at 44.85. With the RSI below 50, buying interest remains muted, yet indicators suggest that selling pressure is beginning to abate compared to earlier sessions.
Meanwhile, the Moving Average Convergence Divergence (MACD) remains in positive territory. The MACD line is at -0.01474, above the signal line of -0.02026, while the histogram stands at 0.00552. This configuration points to lingering bullish momentum, although signs show it is fading as price action remains under pressure.
XRP’s technical readings reveal a market at a turning point, with momentum depending on buyers’ ability to steer the price above resistance and increase demand at current levels.
Mini dictionary: MACD (Moving Average Convergence Divergence), a trend-following indicator that shows the relationship between two moving averages, often used to identify potential changes in a cryptocurrency’s trend and momentum.
IndicatorCurrent ValueSignal InterpretationPrice$1.09Weak and at supportKey Support$1.00Psychological level to watchResistance$1.15Needs breakout for recoveryRSI44.41Weak buying pressureMACD Histogram0.00552Momentum fadingBuyers face critical decision pointTraders and analysts are watching the coming trading sessions for a decisive move. Defending the current uptrend line is seen as essential. A break above $1.15 would provide an encouraging sign of recovery, while a failure could test $1.00 and prompt investors to assess demand at lower levels.
While the medium-term outlook remains uncertain, the next several trading periods could determine XRP’s immediate trajectory. The asset is currently positioned at a significant technical juncture as traders gauge momentum and market sentiment.
XRP’s technical formation indicates a possible test of $1.00 support, but a convincing move above $1.15 resistance could drive a rebound in the short term if buyers regain control.
For now, XRP is navigating a key technical landscape, and market participants await clear signals for the next trend direction.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Ethereum has continued its recovery from the June lows and is now approaching a major technical inflection point. While the recent rally has improved short-term sentiment, the asset is still trading beneath a confluence of long-term resistance levels.
Interestingly, the liquidation landscape aligns closely with these technical barriers, suggesting that ETH could first target overhead liquidity before the market decides whether a larger trend reversal is underway or another corrective leg lower remains ahead.
Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH remains within a broader descending structure in place since the beginning of the year. It has recovered strongly from the major demand zone around $1.45K-$1.55K and is currently testing the key resistance region around $1.80K-$1.85K.
This area is particularly significant because it coincides with the descending trendline that has capped price action since May. The level also represents a major horizontal resistance that previously acted as support before the June breakdown.
Despite the recent strength, ETH remains below the 100-day and 200-day moving averages, both of which continue to trend lower. The 100-day MA is positioned around the $2K-$2.1K resistance zone, while the 200-day MA remains considerably higher near $2.2K, reinforcing the broader bearish market structure.
As long as ETH remains below the descending trendline and the $1.80K-$1.85K resistance zone, the current move can still be viewed as a recovery rally within a larger downtrend. A decisive breakout above this area would shift focus toward the next major resistance at $2K-$2.1K.
ETH/USDT 4-Hour Chart The 4-hour chart highlights a clear ascending structure that has developed since the late-June low. Price has respected the rising channel boundaries while forming higher highs and higher lows, reflecting improving short-term momentum.
The market has already reclaimed the $1.62K-$1.64K demand zone and subsequently established another support area around $1.72K-$1.74K. These zones have repeatedly attracted buyers during pullbacks and continue to define the short-term bullish structure.
However, the rally is now approaching the upper boundary of the channel and the major resistance band around $1.83K-$1.85K. This creates a natural area where profit-taking and seller activity could emerge.
From a structural perspective, ETH remains constructive above the $1.72K-$1.74K support region. Losing this level would be the first sign that bullish momentum is fading and could expose the lower channel boundary and the broader support zone around $1.55K.
Sentiment Analysis The Binance ETH/USDT liquidation heatmap provides an important clue regarding the next likely move.
The most significant concentration of short-side liquidity sits above the current market price, particularly within the $1.95K-$2.1K region. This cluster aligns remarkably well with the daily chart resistance zone, the 100-day moving average, and the broader supply area visible on the higher timeframe.
Meanwhile, substantial liquidity pools remain below the market around the $1.45K-$1.55K region, which corresponds closely with the major daily demand zone that has supported ETH throughout the recent recovery.
The alignment between the liquidation map and the technical structure suggests that the market may first be drawn toward the overhead liquidity cluster. A move into the $2K-$2.1K area would effectively sweep a large concentration of short liquidations while simultaneously testing one of the most important resistance zones on the chart.
The reaction at that region will likely determine the next major directional move. If buyers manage to reclaim the $2K-$2.1K resistance area and establish acceptance above it, the recovery could evolve into a broader bullish trend reversal. However, if the liquidity sweep is followed by strong selling pressure and rejection from resistance, ETH could enter another notable decline, potentially targeting the large liquidity pools resting beneath the market around the $1.45K-$1.55K support zone.
Ethereum is trading around $1,793, with the market showing uncertainty after several failed attempts to break above $1,820. The cryptocurrency has remained rangebound, and buyers have not yet established clear momentum to reverse the recent pullback.
Key price levels define short-term outlookThe price zone between $1,770 and $1,800 has become a crucial area for Ethereum’s direction. Holding above $1,770 may allow the price to stabilize, providing the opportunity for a potential move higher. If Ethereum slips below $1,770, however, analysts caution that demand may weaken and trigger a decline towards $1,700.
A decisive advance above $1,820 is viewed as necessary to restore bullish sentiment and lift Ethereum out of its current consolidation phase. In the absence of such a breakout, further sideways movement or additional downward pressure remains possible.
Market observers note that “a strong push above $1,820 would help restore bullish confidence, while continued rejection could keep the market stuck in consolidation or lead to further downside pressure.”
Ethereum’s current positioning keeps investors watching for signals in either direction as the price fluctuates near key resistance and support.
Analysts see possible short-term double bottomTechnical analyst Aksel Kibar identified a potential double bottom pattern on Ethereum’s price chart, suggesting the coin may attempt to stabilize after a steep decline. In this pattern, price forms two similar lows followed by a push towards resistance, which could signal reduced selling pressure if confirmed.
Confirmation of this pattern depends on whether Ethereum can move above the neckline, located near the $1,850 level. If successful, the recovery might extend towards $1,950 and potentially $2,000. Until then, the double bottom scenario remains preliminary.
Long-term accumulation phase persistsJesse Peralta, another market commentator, noted that Ethereum is nearing 1,900 days within its current accumulation period. The only prior accumulation phase of similar scale lasted 721 days and preceded a major expansion.
Extended accumulation phases are often associated with stronger moves once the market finally breaks out. For Ethereum, the long-term breakout zone is expected near $4,000 to $4,200. Before targeting this level, ETH must first reclaim $1,850 and then $2,000, which would strengthen the medium-term bullish view.
Mini dictionary: Accumulation phase refers to a prolonged period in which an asset trades in a relatively narrow range, often indicating that investors are gradually building positions ahead of a potential breakout.
TD Sequential indicator highlights pullback riskTechnical specialist Ali Charts reported that Ethereum’s price is testing the upper boundary of its short-term channel while the TD Sequential indicator has triggered a sell signal. This raises the probability of a correction towards $1,770, with $1,700 as the next support if further selling occurs.
The TD Sequential is a well-known technical indicator that identifies potential points of trend reversal based on price exhaustion patterns.
Mini dictionary: TD Sequential is a technical analysis tool created by Tom DeMark, designed to indicate exhaustion points in trends, helping traders anticipate reversals.
For bullish traders, holding above $1,770 remains critical. If Ethereum maintains this support, further downside may be limited. A decisive break below $1,700, however, would undermine the short-term bullish setup.
ETH/BTC pair attempts to reverse downturnEthereum is also showing early signs of strength against Bitcoin, with the ETH/BTC trading pair attempting a minor reversal after a substantial period of underperformance. Aksel Kibar observed that the pairing is trying to recover from its lows, which could signal capital returning to Ethereum after several months of weakness.
A sustained recovery in the ETH/BTC pair may provide further support for Ethereum’s dollar price during a broader market move.
Critical levels to monitorSeveral price levels are viewed as crucial inflection points for Ethereum in the coming days. If ETH remains above $1,770 and surpasses $1,850, buyers could steer the market towards $1,950 and $2,000. Failing to hold these supports, especially slipping under $1,700, could set the stage for additional selling pressure.
LevelSignificance$1,770Primary support level$1,700Next downside target if $1,770 breaks$1,850Confirmation area for double bottom$1,950Secondary recovery target$2,000Major psychological and technical resistance$4,000–$4,200Long-term breakout zoneEthereum’s near-term outlook hinges on these levels as traders anticipate the next decisive move.
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.
Robinhood Chain surge boosts ETH priceThe successful launch of the layer-2 network Robinhood Chain has boosted investor sentiment around Ethereum. The newly launched blockchain uses ETH as its native gas token and around $141 million in ETH has already been bridged to the chain.
More than half a million wallets holding ETH are now on the network, which surged past the Ethereum L1 and rival L2 Base over the past 24 hours, with DEX volumes of $877.56 million. The L2 is an offshoot of TradFi trading platform Robinhood, which offers tokenized stocks to customers in 120 countries, further strengthening the EVM-compatible ecosystem.
L2s have been seen by many pundits as bearish for Ethereum as they take activity away from the L1 without returning much in the way of transaction fees. However even some former ETH bears are now reassessing that thesis. Influencer Ansem wrote:
"lighter and robinhood L2s are sneakily best setup for an eth bull thesis in a very long time."Mike Dudas from 6th Man Ventures added that "robinhood chain is the single most bullish thing i've seen in eth-land in years."
DeFi LLamaRobinhood surges in 24 hour DEX volume (DeFi Llama)
Ethereum is also getting a boost from its 47% market share of Real World Assets, according to Rwa.xyz data. Leon Waidmann, head of Research at Lisk, noted the Total Value Locked (TVL) on Ethereum of $260 billion has surpassed the $210 billion market cap of Ether. Waidmann said this distortion signals that “ETH is underpriced,” as the current relative valuation is lower than in the 2022 bear market.
UK politicians mull permanent crypto donation ban in wake of Nigel Farage scandalMembers of the UK’s ruling Labour party are considering a total ban on digital asset donations in response to Nigel Farage's resignation from Parliament and the potential influence crypto billionaires had on his policies.
The Guardian reported Thursday that Labour MPs have proposed that a moratorium on crypto donations enacted in March be made permanent after it was revealed that the Reform leader personally accepted millions of British pounds in what he called “gifts” from industry figures.
Farage sensationally resigned from Parliament last week in an attempt to get ahead of an investigation into the donations by the UK's parliamentary standards commissioner.
“Let me be absolutely clear: I have done nothing wrong,” said Farage in an X livestream. “I have not broken the law in any way at all. I have not misused public money.”
The major parties are refusing to field candidates against him in the upcoming by-election, with his most formidable political opponent the comedy character Count Binface, who has received support from Reform's critics.
Nigel FarageUS Bitcoin reserve hits snag as federal agencies debate for control: BloombergThe Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary oversight of the holdings.
US President Donald Trump’s March 2025 executive order called for the SBR to be housed inside the Treasury Department, while other agencies would assist with asset seizures to build the reserve.
However, concerns have emerged over whether the Treasury has the legal authority to manage the Bitcoin (BTC) holdings, partly because of its volatility, Bloomberg reported Monday, citing people familiar with the matter.
The Commerce Department has emerged as a contender to oversee the reserve, the sources said. The Department of Justice is also reportedly working with the departments to determine legally available options, they added.
Wyden urges Senate leaders to keep dev protections in crypto billUS Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation.
Wyden told Senate Minority Leader John Thune and Senate Majority Leader Charles Schumer in a letter to preserve a section of the CLARITY Act known as the Blockchain Regulatory Certainty Act (BRCA).
“Developers who make and release software that allows people to manage their own digital assets — and, critically, where the developer does not control user assets — should not be treated as money transmitters solely because they create or publish software,” Wyden wrote.
The letter comes after certain groups and lawmakers opposed the BRCA. A group of law enforcement organizations and a coalition of Catholic organizations last month argued it could create gaps in the oversight of illicit activity.
Senate leaders are pushing for the bill to be passed this month.
WydenTrump says he became ‘a big crypto guy’ partly for politicsUS President Donald Trump says he got involved in crypto “for politics” and became pro-crypto after seeing how much money the industry was making.
At a press conference in the Oval Office on Monday to announce “Trump Accounts,” an investment account for children under 18, Trump was asked whether the accounts would allow for Bitcoin (BTC).
“I’ve become a big crypto guy only for one reason: If we don’t have it, China’s going to have it,” Trump answered. “I’m a fan, I wasn’t initially, I didn’t know much about it, but, for some of my first term, I wasn’t much involved, and I watched it grow, and it's a huge industry.”
“I got involved in it a little bit for politics,” Trump added. “I realized there are a lot of people that love crypto.”
In his first term, Trump said he was “not a fan” of crypto and called Bitcoin “a scam.” Since then, he and his family have built deep business interests in crypto, and Trump has faced criticism for his pro-crypto stance and for making more money out of crypto in 2025 than any of the listed exchanges or miners.
Five senators have called for committee hearings to investigate Trump’s policies potentially being influenced by crypto funding from United Arab Emirates-linked and other entities.
TrumpWinners and LosersAt the end of the week, Bitcoin (BTC) is at $63,762, Ether (ETH) at $1800 and XRP (XRP) is at $1.08. The total market cap is at $2.2 trillion according to CoinMarketCap.
Among the biggest 100 cryptocurrencies, the top three altcoin winners of the week are DeXe (DEXE) with a 94% gain, Pyth Network (PYTH) at 19%%, and Arbitrum (ARB) at 15%.
The top three altcoin losers of the week are Bonk (BONK) which lost 19%, Jupiter (JUP) on -18% and Pi (PI) at -16%.
Top Prediction of the WeekBitcoin nearing late stages of bear market: Jamie Coutts, Real VisionBitcoin 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.
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.
Coutts added that he's not comfortable making predictions for a $1 million Bitcoin price in 2030 due to too many variables. However 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."Top FUD of the WeekStrategy's Saylor needs clarity in BTC pivot message to convince investorsStandard Charter’s global head of digital assets research, Geoff Kendrick, believes recent Strategy sale of $216 million worth of Bitcoin to pay for STRC dividends — and Michael Saylor's manner of communicating decisions — “are muddying the waters for BTC near-term.”
“We think effective communication of MSTR’s new strategy (using BTC to back STRC) is key to reassuring markets that wholesale selling is unlikely; this should in turn support BTC prices,” Kendrick wrote in a note to clients on Friday. “Indeed, if this signalling proves effective, it should remove the need for MSTR to actually sell any BTC by supporting STRC’s price,” he said.
Kendrick said that Strategy’s long-held “never sell” approach had limited what the company could with its industry-biggest digital asset treasury.
“The problem with the ‘never sell’ approach is that it limits what MSTR’s BTC holdings can do — or, perhaps more importantly, what they are perceived to be doing,” the StanChart analyst said.
Kalshi appeals NY court's rejection of bid to block state gambling law enforcementKalshi is appealing a New York federal judge's rejection of its bid to block officials at the New York State Gaming Commission from enforcing local laws against its sports-related event contracts.
The appeal escalates a growing legal fight over whether sports prediction markets are federally regulated derivatives or state-regulated gambling products. This question has already split courts across the United States.
Judge Analisa Torres rejected that argument and found that New York gambling laws, as applied to Kalshi’s sports-event contracts, were not preempted by the US Commodity Exchange Act. The court said Kalshi had not made a “clear or substantial showing” that it was likely to succeed on the merits.
“Major loss for Kalshi in the nation’s financial capital, with likely knock-on effects in other cases (esp. Connecticut and other SDNY lawsuits),” wrote lawyer Daniel Wallach.
Trader loses $1M after signing phishing token approvalA crypto user lost nearly $1 million on Wednesday after signing a phishing token approval on Ethereum, according to onchain data.
A Scam Sniffer alert on Thursday revealed a victim lost 999,999 USDt (USDT) to an Ethereum phishing token approval scam. Scammers first tried draining a rounded $1 million via multicalls but failed due to insufficient funds, then succeeded seconds later by pulling the exact balance in follow-up transfers.
“The script recalculated and pulled the exact remaining balance,” Scam Sniffer said.
Social engineering via phishing token approvals has become a common crypto scam tactic. Phishing losses totaled $723 million across 248 incidents in 2025, according to CertiK. Scammers trick a victim into giving a malicious actor access to their wallet, taking the form of an innocuous-seeming transaction.
The victim falsely believes that clicking “approve” will only initiate a minor task, but malicious links give the attacker approval to drain funds from the wallet.
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.
Robinhood’s launch of its Layer-2 solution, Robinhood Chain, has reportedly sparked optimism for Ethereum, as the platform promises to expand decentralized finance (DeFi) access and tokenize real-world assets using ETH as the native gas token. This development is seen as supportive of Ethereum’s role as a settlement and gas layer, potentially increasing demand for ETH. Meanwhile, Michael Saylor, CEO of Strategy, has stirred the market by suggesting a potential sale of Bitcoin to support dividends, marking a shift from his “never sell” stance. Strategy recently confirmed this shift by selling $216 million worth of Bitcoin.
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The news about Robinhood’s Layer-2 solution is believed to have broader implications, potentially influencing Bitcoin markets as well. Market participants are considering the possibility that positive developments in Ethereum may correlate with upward trends in Bitcoin’s price. Currently, prediction markets indicate a strong likelihood of Bitcoin prices exceeding $56,000 by July 13, suggesting confidence among participants regarding this threshold.
Key Takeaways Robinhood’s Layer-2 launch appears to bolster Ethereum optimism, with potential implications for increased ETH demand. Michael Saylor’s indication of a possible Bitcoin sale suggests a strategic shift, contrasting with his previous “never sell” stance. Current market pricing implies strong confidence in Bitcoin exceeding $56,000, consistent with broader positive sentiment driven by Ethereum developments. What to Watch Future developments in Ethereum’s adoption and DeFi expansion could further influence market sentiment, potentially affecting Bitcoin pricing as well. Market participants will be closely watching any additional announcements from Robinhood regarding the integration and usage of their Layer-2 solution. Additionally, Michael Saylor’s actions and statements regarding Bitcoin holdings remain a critical factor for market sentiment, especially in light of potential future sales.
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Term Structure
Contract Odds Δ since publish Volume 24h July 13 2026 99.9% — — View market → July 13 2026 99.5% — — View market → July 13 2026 94.4% — — View market → July 13 2026 0.1% — — View market → July 13 2026 0.1% — — View market → July 13 2026 0.1% — — View market → July 13 2026 43.5% — — View market → July 13 2026 3.3% — — View market → July 13 2026 99.7% — — View market → July 13 2026 99.9% — — View market →
A busy week lies ahead on the US economic calendar with a raft of inflation data, while tensions are mounting again in the Middle East.
Crypto markets have largely held on to gains over the weekend, but were looking a little shaky on Monday morning as traders digested the latest developments between the US and Iran.
The US has launched several waves of strikes on Iran over an Iranian attack on another container ship in the Strait of Hormuz. Iran has declared the Strait closed, while President Trump said otherwise.
Meanwhile, some heavy inflation reports could further rattle sentiment and add to the volatility as the bear market drags on.
“Q2 2026 earnings season has arrived, and Strait of Hormuz tensions are mounting again,” said the Kobeissi Letter.
Economic Events July 13 to 17 US Central Command reported on Monday morning that forces began launching more strikes against Iran “to continue degrading their ability to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz.”
Crude oil prices were up around 4%, with WTI and Brent hitting $74.50 and $79, respectively, while US stock futures opened slightly lower.
June’s Consumer Price Index (CPI) inflation data is due on Tuesday, which could add to the market volatility. This is followed by the Producer Price Index (PPI) data out on Wednesday, measuring wholesale inflation.
Year-on-year measures for both headline CPI and PPI are expected to rise by 3.8% and 6.2%, respectively, reported Yahoo Finance. Rising inflation will put more pressure on the Federal Reserve to hike rates, which is bad news for risk-on assets such as crypto. The escalation of military action in the Middle East is also not good for dampening inflation concerns.
You may also like: Bitcoin’s Recovery Gains Momentum, Putting July Off to a Strong Start Report: AI, Warsh, and Geopolitics Break Bitcoin Correlation With Stocks and Gold Bitwise Report: Crypto Fundamentals Are Getting Stronger Despite Third Straight Negative Quarter June Retail Sales data and July Philly Fed Manufacturing Index reports are due on Thursday, followed by July’s Michigan Inflation Expectations and Consumer Sentiment reports on Friday.
Key Events This Week:
1. Markets React to Strait of Hormuz Closure – Today, 6 PM ET
2. June CPI Inflation data – Tuesday
3. June PPI Inflation data – Wednesday
4. June Retail Sales data – Thursday
5. July Philly Fed Manufacturing Index – Thursday
6. July MI Inflation…
— The Kobeissi Letter (@KobeissiLetter) July 12, 2026
Several Wall Street banks and finance giants are reporting Q2 earnings this week, including JPMorgan Chase, Goldman Sachs, Bank of America, Wells Fargo, and Citibank on Tuesday, followed by Morgan Stanley and BlackRock on Wednesday.
Crypto Market Outlook Total market capitalization has remained steady over the weekend, hovering around $2.26 trillion with a very minor dip on Monday morning after the latest airstrikes.
Bitcoin had held ground just above $64,000 for the past 12 hours or so but dipped to $63,400 during early trading, where it remains at the time of writing.
Ether prices fared a little better, holding above $1,800 for most of the past day following a 15% gain over the past fortnight. Escalation of conflict and higher inflation this week could send both much lower.
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.
Robinhood Founder’s Mnemonic Phrase Leaks During a Live Stream; Hackers Exploit the Leak to Hype Meme Coin $1, and the Associated Address Was Subsequently Frozen.
Token Pocket Chief Business Officer Michael posted that the seed phrase of Robinhood’s founder was leaked during his live stream. Hackers gained control over the address, then used it and associated addresses to purchase large volumes of the meme coin $1, prompting thousands of investors to follow suit. This drove the token’s market cap from roughly $500,000 to $14 million in a short period. The $1 token’s price then plummeted, with its trading volume hitting around $20 million in just two hours. After the relevant address was frozen, hackers quickly moved to BNB Chain (BSC), issued new tokens using that address and its associated addresses, created trading hype through wash trading, and eventually dumped the tokens to cash out. Robinhood’s RPC has frozen the address, with nodes refusing to include transactions from it, making transfers and trading impossible.
12 minutes ago
The Nikkei 225 index posted an intraday decline of over 2%, with Kioxia falling more than 10%.
According to Bitget market data, the Nikkei 225 index saw an intraday decline of 2.00%, while Kioxia fell more than 10%.
12 minutes ago
Jefferies raises Moderna's price target from $53 to $60.
Jefferies raises its price target for Moderna (MRNA.O) from $53 to $60.
12 minutes ago
US stock after-hours trading: storage sector falls broadly, SanDisk drops more than 5%
According to market data from BIT (bit.com), the storage sector saw broad declines in U.S. after-hours trading, with individual stocks falling as follows: Seagate Technology (STX) dropped 3.99%, Western Digital (WDC) fell 4.39%, SanDisk (SNDK) slid 5.09%, and Micron Technology (MU) declined 4.96%. Note: U.S. after-hours trading runs from 20:00 ET to 4:00 ET the next day, Sunday through Thursday.
12 minutes ago
China's Supreme People's Procuratorate published an article titled "Systematically Resolving the Dilemmas in Criminal Law Regulation of Money Laundering Using Virtual Currency"
According to a report by Procuratorial Daily, researchers from the Yuhu District People's Procuratorate of Xiangtan City, Hunan Province, and the Faculty of Law of Xiangtan University have co-authored an article proposing a systematic solution to the regulatory dilemmas in criminal law for money laundering crimes involving virtual currencies. The article notes that current judicial practice faces three core challenges: behavioral characterization, evidence collection, and recovery of illicit funds and loss compensation. First, Article 191 of China’s Criminal Law, which defines the crime of money laundering, still limits predicate offenses to seven categories, leading to a large number of cases being charged only with the crime of concealing and disguising criminal proceeds. Second, tools such as mixers, privacy coins, and cross-chain transfers fragment the evidence chain, making it difficult for traditional investigation methods to trace the source. Third, conflicts in the legal status of virtual currencies, gaps in procedural rules, and cross-border cooperation barriers hinder the enforcement of illicit fund recovery. In response, the authors put forward targeted suggestions: For the behavioral characterization dilemma, shift from passive identification to active review at the judicial level, and activate the guiding function of procuratorial supervision and assessment standards at the supervisory level. For the evidence verification dilemma, establish adaptive authentication and review standards for electronic evidence, build a tiered standard of proof and reasonable presumption rules, and explore the authorization and standardized application of technical investigation measures. For the illicit fund recovery and loss compensation dilemma, establish a national-level cross-departmental collaborative disposal mechanism, and actively participate in and lead the construction of international rules and cooperation platforms.
12 minutes ago
South Korea's Seoul Composite Index's intraday decline widened to 7%.
According to Bitget market data, South Korea’s Seoul Composite Index has extended its intraday decline to 7%. SK Hynix fell 12.75%, while Samsung Electronics dropped 7.81%.
Leading cryptocurrencies moved sideways, while stock futures slid on Sunday evening amid investor concerns over escalating U.S.-Iran tensions.
Crypto Market Takes A BreatherBitcoin fluctuated sharply between $63,000 and $64,000 as trading volume rose 18% over the past 24 hours. Ethereum spiked to $1,842 in the late evening before retracing sharply, while XRP and Dogecoin traded sideways.
Over $150 million was liquidated from the cryptocurrency market in the last 24 hours, with $86 million in bullish longs wiped out, according to Coinglass data.
Bitcoin’s open interest fell 0.54% over the last 24 hours, broadly aligning with the drop in spot price. The majority of retail and whale derivatives traders on Binance remained long on the leading cryptocurrency.
"Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.16 trillion, following a dip of 0.06% over the last 24 hours.
Stock Futures Slide On Iran TensionsStock futures traded in the red overnight on Sunday. The Dow Jones Industrial Average Futures fell 106 points, or 0.20%, as of 8:42 p.m. EDT. Futures tied to the S&P 500 dipped 0.27%, while Nasdaq 100 Futures slid 0.51%.
Iran–U.S. military confrontations intensified during the weekend, raising renewed concerns about maritime security and global energy supplies.
The U.S. Central Command said that they launched more strikes against Iran on Sunday to degrade “their ability to attack civilian mariners and commercial ships” transiting the Strait of Hormuz.
Analyst Sees Bitcoin ‘Déjà Vu”Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, predicts a strong Bitcoin bull run in the next cycle, warning that the previous “shallow” rally will cause many investors to sell “too early.”
“This cycle Bitcoin to $500,000+ is on the table,” the analyst made a bold projection.
Killa, another popular cryptocurrency commentator, said that at least 90% of the current bear phase is complete, noting a striking “déjà vu” between Bitcoin’s current consolidation near $64,000 and the $16,000–$22,000 bear market range in 2022-23.
Photo: KateStock / Shutterstock
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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.
Robinhood Founder’s Mnemonic Phrase Leaks During a Live Stream; Hackers Exploit the Leak to Hype Meme Coin $1, and the Associated Address Was Subsequently Frozen.
Token Pocket Chief Business Officer Michael posted that the seed phrase of Robinhood’s founder was leaked during his live stream. Hackers gained control over the address, then used it and associated addresses to purchase large volumes of the meme coin $1, prompting thousands of investors to follow suit. This drove the token’s market cap from roughly $500,000 to $14 million in a short period. The $1 token’s price then plummeted, with its trading volume hitting around $20 million in just two hours. After the relevant address was frozen, hackers quickly moved to BNB Chain (BSC), issued new tokens using that address and its associated addresses, created trading hype through wash trading, and eventually dumped the tokens to cash out. Robinhood’s RPC has frozen the address, with nodes refusing to include transactions from it, making transfers and trading impossible.
12 minutes ago
The Nikkei 225 index posted an intraday decline of over 2%, with Kioxia falling more than 10%.
According to Bitget market data, the Nikkei 225 index saw an intraday decline of 2.00%, while Kioxia fell more than 10%.
12 minutes ago
Tom Lee: Ethereum to Kick Off 'Second Growth Curve' as Wall Street Institutions Expand Ecosystem Footprint
Fundstrat co-founder and Bitmine chairman Tom Lee said in a speech at WebX 2026 that Ethereum is at a critical juncture similar to the second-stage growth phase entered by Amazon, NVIDIA, and JPMorgan Chase. He believes Ethereum will follow a similar trajectory. Since its launch, ETH has gone through the ICO boom and the NFT boom, hitting an all-time high of $4,866. In 2025, driven by the approval of spot ETFs and the rapid popularization of stablecoins, it rebounded to $4,955 at one point. Now, the price has fallen to around $1,732, a phase Lee defines as "market capitulation at the bottom". Future growth of ETH 2.0 will rest on four pillars: a new Ethereum Foundation governance structure, Agentic AI, a settlement layer for the financial system, and ETH becoming a true "currency". Lee noted that Wall Street institutions are expanding their footprint in the Ethereum ecosystem, and these large firms' ongoing construction of Layer 2 networks signals that the entire traditional financial system is gradually migrating to the Ethereum ecosystem. Bitmine initially planned to hold 5% of the total global ETH supply over five years, but has now achieved 95% of that target in just 12 months. Currently, the company holds a total of 5.74 million ETH, accounting for approximately 4.8% of the total ETH supply, of which around 4.87 million ETH (about 85%) is staked.
12 minutes ago
Jefferies raises Moderna's price target from $53 to $60.
Jefferies raises its price target for Moderna (MRNA.O) from $53 to $60.
12 minutes ago
US stock after-hours trading: storage sector falls broadly, SanDisk drops more than 5%
According to market data from BIT (bit.com), the storage sector saw broad declines in U.S. after-hours trading, with individual stocks falling as follows: Seagate Technology (STX) dropped 3.99%, Western Digital (WDC) fell 4.39%, SanDisk (SNDK) slid 5.09%, and Micron Technology (MU) declined 4.96%. Note: U.S. after-hours trading runs from 20:00 ET to 4:00 ET the next day, Sunday through Thursday.
12 minutes ago
China's Supreme People's Procuratorate published an article titled "Systematically Resolving the Dilemmas in Criminal Law Regulation of Money Laundering Using Virtual Currency"
According to a report by Procuratorial Daily, researchers from the Yuhu District People's Procuratorate of Xiangtan City, Hunan Province, and the Faculty of Law of Xiangtan University have co-authored an article proposing a systematic solution to the regulatory dilemmas in criminal law for money laundering crimes involving virtual currencies. The article notes that current judicial practice faces three core challenges: behavioral characterization, evidence collection, and recovery of illicit funds and loss compensation. First, Article 191 of China’s Criminal Law, which defines the crime of money laundering, still limits predicate offenses to seven categories, leading to a large number of cases being charged only with the crime of concealing and disguising criminal proceeds. Second, tools such as mixers, privacy coins, and cross-chain transfers fragment the evidence chain, making it difficult for traditional investigation methods to trace the source. Third, conflicts in the legal status of virtual currencies, gaps in procedural rules, and cross-border cooperation barriers hinder the enforcement of illicit fund recovery. In response, the authors put forward targeted suggestions: For the behavioral characterization dilemma, shift from passive identification to active review at the judicial level, and activate the guiding function of procuratorial supervision and assessment standards at the supervisory level. For the evidence verification dilemma, establish adaptive authentication and review standards for electronic evidence, build a tiered standard of proof and reasonable presumption rules, and explore the authorization and standardized application of technical investigation measures. For the illicit fund recovery and loss compensation dilemma, establish a national-level cross-departmental collaborative disposal mechanism, and actively participate in and lead the construction of international rules and cooperation platforms.
As recently as a few years ago, few stocks would have felt safer to buy and hold a decade ago than Nike (NKE +3.72%). It owned its category, carried one of the most recognized brands on earth, and rewarded shareholders with a steadily rising dividend. So here is a figure that should give any long-term investor pause: $10,000 invested in the sportswear giant 10 years ago, with every dividend reinvested, would be worth only about $9,000 as of this writing. You would have less than you started with.
Put that same $10,000 into a simple S&P 500 index fund over the same stretch, and you would be sitting on about $41,700 today -- more than four times your money.
Nike stock has quietly turned into one of the market's more disappointing blue chips. And how that happened says a lot about whether today's beaten-down price near $44 is the opportunity it appears to be.
Image source: Nike.
A lost decade for the stock Today, the stock trades near its 52-week low and has likely burned a lot of investors. Shares recently traded around $44 -- below where they changed hands a decade ago, and down from a 52-week high above $80. Even reinvesting every dividend along the way still wasn't enough to pull the position out of the hole. Over the past 10 years, Nike stock has produced a slightly negative total return with dividends included, while the S&P 500 more than quadrupled the same money.
What makes that so surprising is that the business didn't fall apart the way the stock did -- at least when you look at it from an outsider's perspective. Nike is still one of the largest athletic footwear and apparel companies in the world, and for much of the decade, its revenue and profits climbed.
One issue behind the stock's poor performance was the price investors paid for that growth. Ten years ago, the stock carried a rich valuation multiple -- the premium the market hands a company it assumes will compound for years without missing a step.
But when the misses came, that premium unwound.
Today's Change
(
3.72
%) $
1.59
Current Price
$
44.37
Revenue peaked near $51 billion in fiscal 2024, then fell about 10% to $46.3 billion in fiscal 2025. In fiscal 2026, the year that ended May 31, revenue was essentially flat at $46.4 billion. Greater China, once a dependable growth engine, has been shrinking, and higher-margin direct-to-consumer sales have fallen as well, nudging the profit mix (a bigger share of sales going to lower-margin channels) the wrong way. A business doesn't have to break for its stock to be a poor investment. It just has to disappoint expectations that were set too high.
Is $44 finally cheap enough? So does a decade of underperformance and a price near $44 finally make Nike a value stock worth buying? Not so fast.
On the surface, the stock does look cheap. It trades at about 21 times earnings and yields about 3.7% -- a generous payout from a company that has raised its dividend for 24 straight years. But valuation a second look, as the forward view isn't any cheaper. Indeed, it's worse. Nike's forward price-to-earnings ratio -- its price measured against expected earnings over the next year -- sits at around 25. For a company whose revenue just went flat, paying about 25 times next year's expected earnings is a lot.
Further, the dividend that makes the stock look like an income play takes up about 78% of Nike's reported earnings, leaving little cushion for its 3.7% yield.
All of this shows that even a dominant, dividend-paying household name can be a poor investment if you overpay for it -- and for a decade, that is what Nike was. Today's lower price fixes part of that problem. But not all of it. Personally, I'd want to see revenue actually reaccelerate, and the mix tilt back toward those higher-margin direct sales before I'd treat $44 as a good entry point into the stock.
Since 2023, Nvidia (NVDA +3.90%) has been the stock to own. It crushed the market in 2023, 2024, and 2025. However, it's not looking so good in 2026.
As of this writing, Nvidia is up around 8.7% this year, while the market (as measured by the S&P 500) has risen 10.2%. That kind of underperformance is obviously disappointing to the countless Nvidia investors out there, and what makes it even more frustrating is that several other stocks, including rival Advanced Micro Devices, have had phenomenal years.
So, is it time to walk away from Nvidia and select a different artificial intelligence (AI) stock? Or is it time to double down on your investment in anticipation of a strong second half? Let's take a look.
Image source: The Motley Fool.
Nvidia's time is coming Since the AI arms race began in 2023, Nvidia's GPUs have led the way as the top computing option. Nvidia's GPUs and the products that support them dominate the data center sector and are the top choice for nearly every company involved in AI. This level of dominance helped propel Nvidia to become the world's largest company by market cap, but there are some challenges looming ahead.
One threat could come from AI hyperscalers specializing in computing chips, as custom AI chips are starting to become a popular option. However, these chips require a workload to be properly configured to maximize their abilities, and that's not always possible. So, GPUs will remain a popular option.
Today's Change
(
3.90
%) $
7.90
Current Price
$
210.68
With how bad Nvidia's stock has performed in 2026 (at least compared to the last three years' performance), investors may be surprised to see its rapid growth rates. During its past quarter, Nvidia's revenue increased at an 85% clip. That's not all, either, as Wall Street analysts expect 96% growth during Q2. Nvidia is still rapidly growing, making it a worthy investment, so why has the stock performed so poorly?
The most likely reason is skepticism of the AI build-out. The market isn't keen on the AI hyperscalers spending hundreds of billions of dollars on AI computing equipment, especially when a viable business hasn't been proven by any generative AI firm yet. However, Nvidia told investors last quarter that it expects AI hyperaccelerator spending to rise to over $1 trillion next year. I'm more inclined to believe Nvidia over the market's skepticism, as it likely has orders on the books for next year, so it can easily see the demand already.
As 2027 spending projections start to become apparent, I think Nvidia's stock will rally to close 2026. That makes right now the perfect buying opportunity, as the market isn't pricing any 2027 success into the stock, even if Nvidia says it's coming.
One of the biggest evolutions of Nvidia's (NVDA +3.90%) business model is that it has gone from just selling graphics processing units (GPUs) to designing full server rack systems to handle specific AI tasks.
This has been a key part of CEO Jensen Huang's strategy; however, it could have hit a snag when technology research outfit SemiAnalysis reported that its Kyber NVL144 next-gen AI rack system could be delayed until 2028 due to troubles with manufacturing a crucial circuit board.
Nvidia has come out and said its roadmap remains intact, although questions linger.
Image source: The Motley Fool.
Nvidia has been able to largely keep competitors out of the high end of the market through an aggressive technology roadmap, but physical manufacturing limits could finally be catching up to it.
Today's Change
(
3.90
%) $
7.90
Current Price
$
210.68
Kyber is designed to be at the heart of AI data centers to help push AI models forward, and it also has different variants for specific AI tasks like inference and agentic AI. A delay could help open the door for Advanced Micro Devices (AMD +2.13%) and Alphabet (GOOGL 0.50%) (GOOG 0.34%) to gain a foothold in the high end of the AI market.
AMD's biggest challenge is that there has always been a large software ecosystem gap between it and Nvidia. However, AMD has greatly improved its ROCm platform over the past few years, and the move of programmers working higher up the software stack and using open-source AI frameworks like OpenAI's Triton have helped close the gap, especially for inference.
Today's Change
(
2.13
%) $
11.62
Current Price
$
558.34
At the same time, AMD's chiplet designs, which can package more memory onto its chips, and its recent acquisition of memory optimization software platform Mext, position it well to offer a high-end server solution designed specifically for inference.
As for Alphabet, its Tensor Processing Units (TPUs) have become highly regarded AI chips, and with its next generation, it will have chips optimized for both training and inference. A delay in Kyber, meanwhile, could make its cost-efficient TPU offering look more attractive to customers that want a completely optimized system without the risk of delay or the cost of Nvidia's premium platform.
Today's Change
(
-0.50
%) $
-1.81
Current Price
$
357.08
Both AMD and Alphabet stocks look attractive Neither AMD nor Alphabet has to displace Nvidia as the king of AI infrastructure to be winners, as just getting a piece of the high-end market should be a big boost. AMD has already captured some big GPU deals, and it also looks set to ride the wave with its data center central processing units (CPUs), which become more important with agentic AI. Alphabet, meanwhile, is the most complete AI play, with both world-class chips and AI models, giving it a cost edge.
Taking some additional share from Nvidia would just be a bonus that undoubtedly would lift their stocks. I own both AI stocks and think their futures look bright.
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On an early July episode of Mad Money, Jim Cramer walked through the Magnificent Seven one stock at a time and pushed back on treating them as a single basket. Cramer’s charitable trust owns six of the seven, save Tesla, and the point was that each name has its own thesis, growth curve, and risks. Investors who dump the whole group when one stumbles leave money on the table.
The day’s price action helped make the case. Meta Platforms (NASDAQ:META | META Price Prediction) closed up 5.97% at $669.21 on July 10, while the broader S&P 500 gained just 0.43%. That is one name responding to its own capital spending story while the rest trade on their own catalysts.
Five Dimensions That Separate the Seven The framework: distinct business models, different growth curves, wildly different margin profiles, valuation gaps, and separate AI angles. Cramer’s breakdown is an argument for those five axes.
Meta: A Data Moat Funding a Superintelligence Bet Meta is an ad machine financing an AI moonshot. Q1 revenue hit $56.31 billion, up 33.08% year over year, with EPS of $10.44, helped by a tax benefit but still far above consensus. Management then raised 2026 capex guidance to $125 billion to $145 billion, per the Q1 8-K filing. That capex line is why the stock swings on infrastructure headlines, and why Meta’s 3.56 billion daily users give the spending story a scale few companies can match.
Alphabet: Search, Cloud, and a Gemini Distribution Story Alphabet (NASDAQ:GOOGL) posted $109.90 billion in Q1 revenue, up 21.8%, with Google Cloud growing 63% to $20.03 billion and backlog above $460 billion. Polymarket assigns a 92% probability that Alphabet beats its next quarterly report. The stock is up 14.26% year to date and 101.67% over one year. Gemini’s deeper integration across Android, Workspace, Cloud, and partner devices gives Alphabet a different AI path from Meta’s ad-first model.
NVIDIA: The Supplier Everyone Else Pays NVIDIA (NASDAQ:NVDA) sits at the center of nearly every major hyperscaler’s capex line. Q1 fiscal 2027 revenue hit $81.6 billion, up 85%, with Data Center revenue reaching $75.2 billion and Data Center networking growing 199%. The non-GAAP gross margin held at 75.0%. Jensen Huang called the AI factory buildout “the largest infrastructure expansion in human history,” and NVIDIA remains the company most directly monetizing that expansion. A trailing P/E near 32 reads modestly against 85% revenue growth.
July 16 is the Final Day to Tap Into the Lithium Boom (sponsor)
General Motors, POSCO, and 50,000+ everyday investors have already backed lithium producer EnergyX.
Here's why you should do the same before their July 16 investment deadline: lithium prices are up 75% this year, with demand projected to grow a staggering 5X by 2040.
With tech that can recover up to 3X more lithium than traditional methods, EnergyX is preparing to unlock up to 15M+ tons. Become a private-stage EnergyX investor before the July 16 deadline.
Apple: Hardware Cycle Plus Services Annuity Apple (NASDAQ:AAPL) reported a record March quarter of $111.18 billion, up 16.6%, with iPhone sales at $56.99 billion and Services at an all-time high of $30.98 billion. The board added another $100 billion buyback, highlighting the company’s cash-generation power. A trailing P/E near 38 says the market is still paying for Apple’s installed base, Services engine, and capital-return machine, not a pure AI infrastructure story.
Amazon: Retail Cash Flow, AWS Growth, Custom Silicon Amazon (NASDAQ:AMZN) posted $181.52 billion in Q1 revenue, up 17%, with EPS of $2.78, boosted by Anthropic-related investment gains but still ahead of consensus. AWS grew 28% to $37.59 billion, with operating margin reaching 37.7%. CEO Andy Jassy said Amazon’s chips business, including Graviton, Trainium, and Nitro, has topped a $20 billion annual revenue run rate. Prediction markets peg 98.5% odds that 2026 capex clears $170 billion.
Microsoft: Enterprise Copilot and an Azure Backlog Microsoft (NASDAQ:MSFT) delivered $82.89 billion in Q3 revenue with Azure and other cloud-services revenue up 40% and the AI business at a $37 billion annual run rate, up 123%. Yet the stock is down 20.3% year to date, the outlier in the group and a live example of Cramer’s point that these names decouple.
Tesla: The One Cramer Sets Aside Tesla (NASDAQ:TSLA) is the deliberate exclusion. Trailing P/E of 371, a 3.95% profit margin, and a 9.33% year-to-date decline describe a business that trades on robotaxi and Optimus optionality, a distinct thesis from the ad and cloud cash flows that anchor the other six.
The takeaway: companies growing anywhere from about 15% to 85%, carrying profit margins from 4% to 66%, and trading at trailing P/E multiples from 24 to 371 do not belong in one bucket. The Mag 7 label is useful shorthand, but it can blur the very differences that matter most. Investors who evaluate each thesis on its own have a better chance of holding the winners when one of the seven stumbles.
Meet America's Newest $1b Unicorn (Sponsor) A US startup just passed a $1 billion private valuation, joining billion-dollar private companies like OpenAI and ByteDance. Unlike those other unicorns, you can invest in EnergyX right now; but only until July 16.
Over 50,000 people already have, along with global giants like General Motors and POSCO.
Here's why there's so much interest: EnergyX's patented tech can recover up to 3X more lithium than traditional methods. That's a big deal, as demand for lithium is expected to 5X current production levels by 2040. Become an early-stage EnergyX shareholder before the 7/16 investment deadline.
Investors pay careful attention to Ken Griffin's moves for one major reason: The founder of Citadel has an extremely solid track record of success. Citadel, which oversees $69 billion, in January was named the most profitable hedge fund ever, winning this accolade for the fourth straight year.
Griffin's funds also carried their success through the first half of this year, with positive returns across strategies, according to a recent CNBC report. The billionaire uses a variety of techniques, including focuses on in-depth research and managing risk, in order to deliver the strongest possible returns in any market environment.
With all of this in mind, let's consider one of the billionaire's latest moves. He boosted his stake in one particular Dividend King by 146% in the first quarter. Here's why it's an ideal choice for investors who are uncomfortable with risk.
Image source: Getty Images.
A name you may know well This particular stock is a name you might know well, thanks to various consumer health products the company used to sell -- from Band-Aid bandages to Tylenol. It spun off that business as Kenvue a few years ago in order to focus on its two core businesses of pharmaceuticals and medtech. I'm talking about Johnson & Johnson (JNJ 0.82%).
In the first quarter, Ken Griffin increased his position in J&J by 146% and now holds 1,930,976 shares. The stock, at 0.08% of the portfolio, isn't a huge position -- but its presence there since 2017 suggests Griffin recognizes J&J as a key long-term winner.
Today's Change
(
-0.82
%) $
-2.12
Current Price
$
256.98
Now, let's talk about why this stock is such a great holding for risk-averse investors. First, it's important to consider the Kenvue spinoff. Though J&J may have become a household name thanks to its consumer products, consumer health actually wasn't a huge growth driver for the company. Pharmaceuticals -- known as the innovative medicine business -- and medtech offered greater growth potential, so J&J wanted to devote more resources to these units.
The bet has already proven to be a smart one, as revenue has climbed in recent quarters. The latest one is the perfect example. Innovative medicine sales jumped 11%, while medtech sales advanced more than 7%. And overall worldwide sales increased nearly 10% to more than $24 billion.
28 billion-dollar platforms One element that makes J&J a low-risk stock is the fact that this growth isn't driven by a product or two. The pharma giant has 28 platforms or products that bring in at least $1 billion annually. And J&J is on track to increase this number. The more blockbusters a company has, the less vulnerable it is when a particular product loses exclusivity.
J&J has proven its ability to overcome such challenges. The company's immunology blockbuster Stelara saw the impact of this last year, yet J&J's other top drugs compensated, and the company even said its performance placed the loss of exclusivity "in the rearview mirror." In spite of a 41% drop in Stelara sales, total sales advanced 6% last year.
So, investors can count on a solid portfolio of products delivering growth at J&J. It's also important to note that medical treatments are essentials, so even during difficult economic times, sales of these types of products generally hold up well.
Now here's the second major element that makes J&J the ideal stock for cautious investors. The company is a Dividend King, meaning it's increased these payments to shareholders for more than 50 consecutive years. This shows a true commitment to dividend growth. That, along with J&J's huge level of free cash flow, supports the idea of an increasing dividend over the years to come.
JNJ Free Cash Flow data by YCharts
J&J pays a dividend of $5.36 per share, representing a dividend yield of 2% and surpassing the 1.1% yield of the S&P 500. This focus on dividends is fantastic because it offers investors a recurrent source of income -- regardless of the performance of the market or even J&J stock.
This combination of dividend and business strength makes this Ken Griffin stock a great pick for a broad range of investors -- and a dream stock for those who are risk-averse.
The first half of 2026 belonged to artificial intelligence. The second half, so far, has belonged to almost everything else.
In the opening stretch of July, technology has been the market's worst-performing sector. Meanwhile, cash has flowed into the corners investors ignored all year: energy, financials, healthcare, and consumer staples. A soft June jobs report, which showed the economy adding just 57,000 jobs, cooled bets on a Federal Reserve rate hike and gave the rotation a further push.
For income investors, I think a rotation into defensive, dividend-paying stocks is worth a closer look. Three names in particular stand out.
Each is a Dividend King with at least half a century of consecutive annual increases, and each sits at a very different point in this trade. Here's a look at Coca-Cola, Johnson & Johnson, and PepsiCo.
Image source: Getty Images.
1. Coca-Cola: quality, already rewarded Coca-Cola (KO +1.05%) is what the rotation looks like when it works. The beverage giant trades near an all-time high, and the business has earned it. First-quarter organic revenue rose 10% year over year, a strong result for a company this size and this old.
The dividend, of course, is about as secure as dividends get. Coca-Cola has raised its payout for 64 straight years, and the current $2.12 annual dividend uses up only about two-thirds of earnings.
Today's Change
(
1.05
%) $
0.87
Current Price
$
83.50
The one drawback is the price -- at roughly 25 times forward earnings, with a 2.5% yield, Coca-Cola is arguably priced like the defensive stalwart it is. You're buying quality here, but you're not buying it cheap.
2. Johnson & Johnson: the healthcare anchor Johnson & Johnson (JNJ 0.82%) offers a similar kind of durability from a different sector. The healthcare giant just raised its dividend for the 64th consecutive year, matching Coca-Cola for the longest streak of this trio.
Indeed, its first-quarter results gave the increase plenty of cover. Revenue rose about 10% year over year, adjusted earnings per share came to $2.70, and management lifted its full-year outlook to about $11.55 in adjusted earnings per share, helped by strong demand for cancer drug Darzalex and immunology treatment Tremfya.
Today's Change
(
-0.82
%) $
-2.12
Current Price
$
256.98
At about 22 times forward earnings and a 2.1% yield, Johnson & Johnson sits between its two peers here on valuation, though its yield is the lowest of the three. Its dividend consumes less than half of adjusted earnings, so there's ample room for more increases. Investors will get a fresh read soon, too: the company reports second-quarter results this week, on July 15.
3. PepsiCo: the cheap, out-of-favor one If Coca-Cola is the rotation's winner, PepsiCo (PEP 0.35%) is the name it has passed by so far. The snacks and beverages maker trades near a 52-week low.
Its second-quarter report on Thursday explains part of why. Organic revenue grew just 2.4%, in line with the sluggish low-single-digit pace of recent quarters, and volume in its North American beverage business fell 4%.
But there's another side to this. PepsiCo affirmed its full-year outlook, still expects core constant currency earnings per share to grow 4% to 6% for the year, and just raised its dividend for the 54th year running.
Today's Change
(
-0.35
%) $
-0.48
Current Price
$
137.38
After the sell-off, the stock now yields about 4.3% -- comfortably the highest of the three -- at roughly 16 times forward earnings, easily the cheapest. For investors who think the rotation into unloved value has further to run, that's arguably the most direct way to play it in this group.
The better way to play the rotation? So which of these three fits the moment best? It depends on what an investor is after.
The highest quality, for those willing to pay up, is Coca-Cola. The steadiest, and the one giving a fresh read on its business next, on July 15, is Johnson & Johnson. And the best value, for anyone willing to sit through some near-term softness, is PepsiCo.
Personally, in a rotation like this, I lean toward the cheapest, most out-of-favor name, which points to PepsiCo. Its U.S. business isn't at its strongest right now, but a 4.3% yield backed by 54 years of increases pays investors well to be patient.
Of course, none of these is a bargain in absolute terms. And a market that turns back toward growth could leave defensive payers behind just as fast as it found them. But if the rotation into value has staying power, these three sit squarely in its path.
New York, New York--(Newsfile Corp. - July 12, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of First Solar, Inc. (NASDAQ: FSLR) between February 26, 2025 and February 24, 2026, i1clusive (the "Class Period"), of the important August 24, 2026 lead plaintiff deadline.
SO WHAT: If you purchased First Solar securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the First Solar class action, go to https://rosenlegal.com/cases/first-solar-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 24, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) defendants had overstated First Solar's capacity to manage the impact of U.S. tariff policy on First Solar's business; (2) defendants understated the extent to which its responses to U.S. tariff policy, including the intentional underutilization of production facilities in Malaysia and Vietnam, and attempted relocation of production to the U.S., were likely to negatively impact First Solar's projected performance in the 2026 fiscal year; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the First Solar class action, go to https://rosenlegal.com/cases/first-solar-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Attorney Advertising. Prior results do not guarantee a similar outcome.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304899
Source: The Rosen Law Firm PA
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