WSJ Survey: U.S. Recession Probability Drops to 25%, Down From 33% in April
According to survey data from The Wall Street Journal, the probability of a U.S. economic recession has dropped to 25%, down from 33% in April.
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Commercial shipping traffic through the Hormuz Strait has dropped significantly.
According to reports from China Central Television (CCTV), commercial shipping traffic through the Strait of Hormuz has dropped sharply following Iran’s announcement of the reclosure of the strait. Citing commercial shipping tracking data, Iran stated that only 11 commercial vessels passed through the Strait of Hormuz in the past 24 hours, including 8 oil tankers and 3 cargo ships.
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Two hackers today spent a total of 11.71 million DAI to buy ETH.
According to Yu Jian Monitoring, two hackers purchased Ethereum today. The first hacker, who stole funds from Coinbase users, spent 7.378 million DAI to acquire 4,049.7 ETH in the early hours of today, at an average price of $1,822. The second is an address that received ETH from Tornado Cash last November; it spent 4.34 million DAI to repurchase 2,405 ETH two hours ago, at an average price of $1,804.
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Polymarket's weekly revenue topped $11 million this week, hitting an all-time high.
According to Defillama data, Polymarket's weekly revenue exceeded $11 million this week, hitting an all-time high, while the protocol's cumulative revenue has surpassed $97 million.
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Robinhood Chain’s DEX trading volume exceeded $877 million over the past 24 hours, ranking second among all blockchains.
According to DefiLlama data, Robinhood Chain’s 24-hour DEX trading volume hit $877.6 million, ranking second among all blockchains—only trailing Solana’s $1.133 billion, while Ethereum’s mainnet came in third with $778 million in trading volume.
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Binance Wallet has integrated Robinhood Chain.
According to official announcements, Binance Wallet has integrated Robinhood Chain. Users can directly access and trade tokens on Robinhood Chain via the Binance Wallet App and browser extension, delivering a more convenient multi-chain operation experience.
WSJ Survey: U.S. Recession Probability Drops to 25%, Down From 33% in April
According to survey data from The Wall Street Journal, the probability of a U.S. economic recession has dropped to 25%, down from 33% in April.
6 minutes ago
Commercial shipping traffic through the Hormuz Strait has dropped significantly.
According to reports from China Central Television (CCTV), commercial shipping traffic through the Strait of Hormuz has dropped sharply following Iran’s announcement of the reclosure of the strait. Citing commercial shipping tracking data, Iran stated that only 11 commercial vessels passed through the Strait of Hormuz in the past 24 hours, including 8 oil tankers and 3 cargo ships.
6 minutes ago
Polymarket's weekly revenue topped $11 million this week, hitting an all-time high.
According to Defillama data, Polymarket's weekly revenue exceeded $11 million this week, hitting an all-time high, while the protocol's cumulative revenue has surpassed $97 million.
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Robinhood Chain’s DEX trading volume exceeded $877 million over the past 24 hours, ranking second among all blockchains.
According to DefiLlama data, Robinhood Chain’s 24-hour DEX trading volume hit $877.6 million, ranking second among all blockchains—only trailing Solana’s $1.133 billion, while Ethereum’s mainnet came in third with $778 million in trading volume.
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The volume of ETH bridged from Ethereum Mainnet to Robinhood Chain has surged roughly tenfold in a week, surpassing $100 million.
According to Token Terminal data, over the past week, the volume of ETH bridged from Ethereum mainnet (L1) to Robinhood Chain (L2) has surged roughly 10-fold, surpassing $100 million. Robinhood Chain uses ETH as its native gas token, as noted. Token Terminal stated that if adoption of the chain continues to grow, it could become a new, significant source of demand for ETH.
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Binance Wallet has integrated Robinhood Chain.
According to official announcements, Binance Wallet has integrated Robinhood Chain. Users can directly access and trade tokens on Robinhood Chain via the Binance Wallet App and browser extension, delivering a more convenient multi-chain operation experience.
Ethereum [ETH] has historically struggled to sustain its outperformance against Bitcoin.
On the technical front, ETH/BTC last posted a strong quarterly rally in Q3 2025, surging 53%, marking its biggest quarterly gain since Q2 2021. However, sellers erased 50% of those gains as the rally lost momentum. This suggests the rotation was temporary, as capital continued to flow into Bitcoin.
Against this backdrop, the ratio’s 5% rally so far in Q3 appears too early to confirm a sustained rotation from Bitcoin into Ethereum. At the same time, Bitcoin dominance is once again pushing toward the key 60% resistance level, gaining 1.5% in July and signaling that capital may already be rotating back into Bitcoin.
Source: TradingView (ETH/BTC) That said, Eric Trump’s recent post on X points in the opposite direction, supporting Ethereum’s rally.
Meanwhile, the on-chain data tells a similar story. Ethereum’s outperformance against Bitcoin [BTC] isn’t happening in isolation. Institutional positioning continues to back the move, with Ethereum ETFs attracting over $128 million in net inflows so far this month, outperforming Bitcoin. Meanwhile, Ethereum’s DATs are recovering, adding further support to Ethereum’s recent strength.
With that said, it may be too early to write off the current ETH/BTC uptrend as just another short-term rotation. The bigger question is whether smart money is positioning ahead of a structural shift that the broader market has yet to price in.
Ethereum’s latest catalyst puts the ETH/BTC ratio in the spotlight A key catalyst may be reinforcing the institutional rotation into Ethereum.
Tom Lee pointed to Robinhood’s recently unveiled Layer 2 chain as a major differentiator, calling it a breakout product that has already generated more volume than many established DEXs. More importantly, the network uses ETH as its native gas token, and settles on Ethereum Layer 1. As activity on the chain grows, each transaction feeds back into Ethereum’s ecosystem, strengthening the long-term demand case for ETH.
The on-chain data backs this up. As the chart below shows, the amount of ETH bridged from Ethereum Layer 1 to the Robinhood Chain has jumped nearly 10x over the past week, surpassing $100 million. That suggests users are actively moving liquidity into Robinhood’s Layer 2 ecosystem, with ETH emerging as the network’s core asset for gas, settlement, and on-chain activity.
Source: Token Terminal In this context, Ethereum’s outperformance against Bitcoin may be more than just another rotation.
Instead, the move looks increasingly driven by improving fundamentals, as institutional inflows, growing Layer 2 activity, and rising on-chain demand continue to strengthen Ethereum’s long-term investment case. If that trend holds, the ETH/BTC breakout could be the first sign of a broader capital rotation into Ethereum through Q3.
Final Summary Ethereum’s rally against Bitcoin is backed by ETF inflows, stronger on-chain activity, and Robinhood’s Layer 2 ecosystem. If these trends continue, the ETH/BTC breakout could signal a broader shift of capital into Ethereum in Q3.
A new Cambridge study placed Ethereum near the lower end of energy intensity among major proof-of-stake (PoS) blockchains, although the network still used more electricity overall than most of the PoS networks studied.
The Cambridge Centre for Alternative Finance estimated that Ethereum consumes about 7.87 gigawatt-hours (GWh) of electricity annually. When adjusted for market value, the network used roughly 33 kilowatt-hours (kWh) per $1 million, the second-lowest figure among the proof-of-stake networks assessed, behind BNB Chain.
Solana used the most electricity among the PoS networks studied, at about 13.48 GWh per year. Its energy intensity was roughly 283 kWh per $1 million of market value, around 8.5 times Ethereum’s, while the networks in the comparison consumed about 38 GWh combined.
The report provides one of the most detailed assessments yet of Ethereum’s post-Merge footprint, giving policymakers and investors a more current basis for comparing blockchain sustainability.
Illustration of post-Merge Ethereum consumption. Source: Cambridge
New estimates map Ethereum’s energy useCambridge measured how much electricity Ethereum nodes used at the wall across 20 combinations of the network’s main software clients. It found that a typical home setup used about 18 watts, while a more powerful workstation used roughly 153 watts.
Using Ethereum’s mix of residential and professionally hosted nodes, the researchers estimated an average power draw of about 105 watts per node. Cambridge counted around 8,522 discoverable full nodes, with 64% running in cloud or enterprise facilities and 36% on residential connections.
Cambridge said Ethereum’s remaining emissions are now driven mainly by the electricity grids supplying its nodes. The study estimated that about 56.4% of the network’s electricity mix came from renewable and nuclear sources, compared with 43.6% from fossil fuels.
Ethereum moved from proof-of-work mining to proof-of-stake validation through the Merge in September 2022. The Merge replaced miners competing with one another using energy-intensive computing equipment with validators who secure the network by staking Ether.
After the Merge, energy estimates showed that the upgrade had reduced the network’s electricity use by more than 99.9%, as the mining process used to secure the blockchain was removed.
Magazine: Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision
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.
A new Cambridge study placed Ethereum near the lower end of energy intensity among major proof-of-stake (PoS) blockchains, although the network still used more electricity overall than most of the PoS networks studied.
The Cambridge Centre for Alternative Finance estimated that Ethereum consumes about 7.87 gigawatt-hours (GWh) of electricity annually. When adjusted for market value, the network used roughly 33 kilowatt-hours (kWh) per $1 million, the second-lowest figure among the proof-of-stake networks assessed, behind BNB Chain.
Solana used the most electricity among the PoS networks studied, at about 13.48 GWh per year. Its energy intensity was roughly 283 kWh per $1 million of market value, around 8.5 times Ethereum’s, while the networks in the comparison consumed about 38 GWh combined.
The report provides one of the most detailed assessments yet of Ethereum’s post-Merge footprint, giving policymakers and investors a more current basis for comparing blockchain sustainability.
Illustration of post-Merge Ethereum consumption. Source: Cambridge
New estimates map Ethereum’s energy useCambridge measured how much electricity Ethereum nodes used at the wall across 20 combinations of the network’s main software clients. It found that a typical home setup used about 18 watts, while a more powerful workstation used roughly 153 watts.
Using Ethereum’s mix of residential and professionally hosted nodes, the researchers estimated an average power draw of about 105 watts per node. Cambridge counted around 8,522 discoverable full nodes, with 64% running in cloud or enterprise facilities and 36% on residential connections.
Cambridge said Ethereum’s remaining emissions are now driven mainly by the electricity grids supplying its nodes. The study estimated that about 56.4% of the network’s electricity mix came from renewable and nuclear sources, compared with 43.6% from fossil fuels.
Ethereum moved from proof-of-work mining to proof-of-stake validation through the Merge in September 2022. The Merge replaced miners competing with one another using energy-intensive computing equipment with validators who secure the network by staking Ether.
After the Merge, energy estimates showed that the upgrade had reduced the network’s electricity use by more than 99.9%, as the mining process used to secure the blockchain was removed.
Magazine: Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision
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.
BNB Chain has maintained its dominant position in the stablecoin sector, recording approximately 15 million active stablecoin addresses per month. Data compiled by Binance Research and Dune indicate that this network consistently outpaces all other blockchains in terms of active stablecoin users.
BNB Chain’s expanding user baseThe percentage of active stablecoin users on BNB Chain was significantly lower in 2021. Since then, the network has experienced robust growth in its user base, reinforcing its standing as the primary blockchain for stablecoin transactions. Competing networks, including Ethereum and Solana, have also seen their user numbers climb, but none currently match the address activity registered on BNB Chain.
Stablecoins are widely used on blockchain platforms for trading, payments, transfers, and decentralized finance (DeFi) applications, serving as a critical foundation for on-chain activity. Analysts generally interpret a growing stablecoin user base as a sign of higher liquidity and stronger ecosystem participation. However, user activity tells only part of the story.
Address activity vs. capital flowsHigh address activity does not always translate into greater capital concentration. While BNB Chain leads in active users, it does not hold the largest stablecoin market capitalization or transaction value, nor does it attract the same level of institutional adoption observed on other networks.
The chain’s accessibility and low transaction costs have encouraged many users to conduct smaller-value transfers. In contrast, blockchains like Ethereum attract fewer active addresses but record substantially higher capital flows and more institutional-grade transactions.
From a market perspective, this distinction is significant. Although strong address activity points to heightened retail involvement and network utility, it should not be assumed that every user contributes equally to total economic value.
BNB price action under pressureRecent movements in the price of BNB reflect this complex situation. Data show that BNB, the native cryptocurrency of BNB Chain, is currently trading near $573 after a prolonged period of declining highs and lows. The price remains below its 50-day, 100-day, and 200-day moving averages, signaling that the broader downward trend is still in effect.
Although the Relative Strength Index (RSI) has rebounded toward the neutral 50 mark—suggesting that selling pressure is easing—buyers have not yet provided sufficient momentum for a meaningful breakout. Immediate resistance for BNB hovers at the 50-day EMA, close to $579, with stronger barriers marked by the 100-day and 200-day averages.
Despite these technical headwinds, BNB Chain’s network continues to demonstrate leadership in user activity within the stablecoin market.
Mini dictionary: BNB Chain is a decentralized, public blockchain platform developed by Binance, one of the world’s largest cryptocurrency exchanges. The network supports high-throughput applications and is widely used for trading, DeFi, and digital asset transfers, with a focus on low fees and scalability.
BlockchainMonthly Active Stablecoin AddressesMain AdvantagesBNB Chain15 millionLow fees, high retail activityEthereumLower than BNB ChainHigh capital flows, institutional adoptionSolanaLower than BNB ChainFast transactions, growing user baseWhile BNB Chain maintains its lead in user activity, transaction values and institutional involvement often favor other networks like Ethereum. This nuanced dynamic influences both ecosystem participation and cryptocurrency price behavior.
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.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
According to data from SoSovalue, Dogecoin ETFs saw $0 in weekly net inflows, marking a subdued week.
In the week spanning from July 6 to July 10, Dogecoin recorded zero net inflow for each day. This amounted to $0 net flow for the week, following the previous week's negative net flow.
While the trend of $0 weekly net flows is not strange to Dogecoin ETFs, the set of investment products comprising Bitwise, Grayscale and 21Shares attracted negative net flow in the week ended July 2, the first such occurrence in months. The last time Dogecoin ETFs saw weekly negative net flows was in January (week ending January 23).
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Dogecoin intermittently alternated between zero weekly net flows and positive net flows, highlighting cautious sentiment in the market with little optimism.
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The lack of fresh capital might suggest a pause in institutional demand for Dogecoin-related investment products, with the market now watching for the catalyst that might elicit a comeback.
The cumulative total net inflow for Dogecoin ETFs is $11.77 million, while total net assets are given as $10.23 million, which is 0.09% of DOGE's market cap.
In recent ETF news, the 21Shares Dogecoin ETF is reshaping its pricing benchmark arrangements, with plans to license FTSE digital asset index data.
Dogecoin awaits catalystThe slowdown for Dogecoin investment products comes as the dog coin trades without a major narrative to drive fresh buying interest.
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The overall cryptocurrency market remains in a bear market, with most altcoins trading at multi-year lows. However, in a fresh recovery, crypto derivatives markets are showing signs of stabilization, with speculation easing and longer-term positioning increasing.
Sentiment supports this view. The Fear and Greed Index has climbed to 32, or "fear," rising out of the extreme fear zone it had been in for more than 40 days. This might suggest an exit from panic rather than a move into conviction. However, the sentiment gauge has not sustained a move above 50 since November.
At the time of writing, Dogecoin was up 1.45% in the last 24 hours to $0.075.
Dogecoin (DOGE) is drawing renewed attention as it approaches a significant technical level that some analysts identify as a potential catalyst for a breakout. While current trading patterns indicate a stabilization of bearish momentum, broader market sentiment continues to play a critical role in DOGE’s near-term trajectory.
Technical signals and current DOGE priceDogecoin is currently trading at $0.07306, reflecting a 1.42% loss over the past 24 hours. The cryptocurrency’s 24-hour trading volume stands at $423.83 million and its market capitalization totals $11.31 billion. Despite recent downward price action, technical analysts note a gradual decrease in selling pressure, which suggests the possibility of a bullish reversal.
Javon Marks, a digital asset analyst, emphasized that DOGE has consistently exhibited a technical price pattern throughout previous market cycles. Marks and other commentators have pointed to repeated formations that historically preceded significant upward rallies for the coin.
Recent analysis of DOGE charts indicates a potential breakout phase, which, if buying momentum builds, could propel the token into a parabolic rally. Analysts have outlined possible upside targets at $0.6533, $1.20, and $2.80. Reaching these levels would represent an 8 to over 10 times increase compared to the current price.
However, several analysts have cautioned that these targets remain speculative and are closely tied to the direction of the broader crypto market, particularly Bitcoin. The future of DOGE is likely to remain tied to overall market sentiment and the trajectory of leading cryptocurrencies.
Recent price history and market structureAccording to technical data from TradingView, Dogecoin transitioned from a strong spring rally, which lifted the price above $0.1150 in mid-May, to a summer period dominated by bearish sentiment. June’s selling pressure pushed DOGE down to the $0.0700 region, and it is now trading 1.15% below the $0.07320 level.
The Relative Strength Index (RSI) for DOGE currently sits near 35.95. This lower reading typically suggests the asset is oversold, signaling weakening selling pressure, but also highlights that the downward trend has remained in place since May. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator, though still in negative territory, shows a narrowing histogram, reinforcing signs that bearish momentum is fading.
Mini dictionary: MACD (Moving Average Convergence Divergence), a momentum indicator used in technical analysis, helps reveal changes in the strength, direction, momentum, and duration of a price trend in an asset’s chart.
PeriodDOGE Price HighDOGE Price LowMid-May 2024Above $0.1150$0.0900June 2024–$0.0700Market outlook and investor cautionWhile technical signals are increasingly supportive of a turnaround, analysts urge caution. Expectations of a recovery for DOGE rely heavily on buyers holding existing support levels and reclaiming key resistance. A breakout accompanied by rising trading volume could attract new investors and reinforce the bullish scenario.
Analysts have stated that, with upside targets between $0.6533 and $2.80, DOGE could post substantial gains if a breakout occurs, but stressed that Dogecoin’s next moves remain largely dependent on overall crypto market conditions and Bitcoin’s price stability.
Continued sideways movement or renewed declines in Bitcoin and other major cryptocurrencies could prolong the current stagnation in the Dogecoin market. Observers are monitoring Bitcoin’s recent steadiness as a potential signal for improvements across the wider crypto sector.
Dogecoin, originally created as a meme-based cryptocurrency in 2013, now ranks among the largest cryptocurrencies by market value and is closely watched for large price swings often fueled by social media discussions and retail enthusiasm.
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.
Dogecoin exchange-traded funds (ETFs) experienced another subdued week, with cumulative weekly net inflows reaching $0 for the period from July 6 to July 10, according to recent figures from SoSovalue. This marks the second consecutive week without any fresh capital entering Dogecoin-linked ETFs.
Institutional demand stagnatesDogecoin ETFs have alternated between periods of zero inflow and minor positive net flows, signalling cautious market sentiment and an absence of major buying pressure. The previous week had already delivered a net negative outflow, a trend not seen since January, when the week ending January 23 also recorded negative weekly flows for these products.
The affected investment vehicles include the offerings from digital asset managers Bitwise, Grayscale, and 21Shares. These firms oversee various Dogecoin ETFs that allow investors to gain exposure to the prominent memecoin without directly holding the asset.
Recent data indicates that the total cumulative net inflow for Dogecoin ETFs has reached $11.77 million, while the products currently manage $10.23 million in net assets. This total represents just 0.09% of Dogecoin’s current market capitalization.
A lack of new inflows could indicate a pause in institutional interest toward Dogecoin-related funds. Market participants are now waiting for a fresh narrative or catalyst that could trigger renewed investment activity in the asset.
Date/PeriodDogecoin ETF Net FlowCumulative Net Inflow (Total)Net AssetsJuly 6 – July 10$0$11.77 million$10.23 millionWeek ending July 2Negative––Week ending January 23Negative––ETF product updates and benchmarksIn product news, 21Shares, a Switzerland-based provider known for offering a range of cryptocurrency exchange-traded products, will restructure its Dogecoin ETF’s pricing benchmark. The company has announced intentions to license market index data from FTSE for improved pricing transparency.
Mini dictionary: 21Shares is a Swiss-based investment firm that offers cryptocurrency ETPs (exchange-traded products), providing institutional and retail investors access to digital assets via traditional equity markets.
The decision to adapt its pricing model arrives amid stagnant inflows and reduced excitement for Dogecoin across institutional products. Market watchers are awaiting signs of renewed interest to help drive participation.
Market sentiment remains weakDogecoin has lacked a strong narrative in recent weeks, which has contributed to muted performance within investment vehicles tied to the asset. The broader cryptocurrency market continues to be characterised by declining valuations, with a majority of altcoins trading close to multi-year lows.
Despite the lack of enthusiasm, certain indicators point to reduced volatility compared to earlier in the year. Crypto derivatives markets are displaying more stable trends, with a shift away from short-term speculation and a rise in longer-term positions.
Market sentiment has also shown marginal improvement. The Fear and Greed Index, a commonly watched metric for gauging investor sentiment in cryptocurrency markets, increased to 32, classified as “fear”, after remaining in the extreme fear range for more than 40 days. The index has not exceeded the neutral 50-point threshold since November, suggesting traders are no longer panicking but remain cautious about potential upside.
Dogecoin ETFs have alternated between weeks of zero and modest positive net flows, underscoring cautious institutional sentiment and the absence of new market drivers for the meme-inspired cryptocurrency.
At the time of reporting, Dogecoin had gained 1.45% over the past 24 hours, trading at $0.075.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Cardano, one of the major smart contract blockchains, is drawing increased attention from traders as it approaches a significant market capitalization support level near $6.83 billion. Market observers see this threshold as a pivotal point for the cryptocurrency’s future trend, with recent activity suggesting heightened buyer interest around this zone.
Key market structure and ADA’s potential reversalTechnical analyst Vuori Trading identified the $6.83 billion mark as a strong support area where past cycles have attracted considerable buyer momentum. The analyst noted that maintaining this level is essential for preserving a positive market outlook, while a drop below it could indicate a shift towards weakness for Cardano’s ADA token.
Cardano has experienced an extended period of ranging price action following its previous highs. ADA has remained above its key support, with traders watching closely for signs of a reversal or further decline.
A separate assessment by trader Jesse Olson emphasized Cardano’s ability to achieve two upside targets before retracing toward critical support levels mapped out by trend indicators. Olson pointed out that this retracement could help ADA form a higher low—an encouraging signal by bullish standards, especially compared to similar patterns observed in Ethereum.
Cardano has broken above its descending daily trendline, advancing to the $0.19–$0.20 area and remaining above previous resistance. The main support area now stands at $0.168–$0.172, and holding above this zone could enable a further push to $0.22 and eventually to $0.235–$0.24.
Support/Resistance LevelSignificance$0.168–$0.172Key support area; holding above could signal strength$0.19–$0.20Recent breakout area$0.22, $0.235–$0.24Upside targets if support holdsTechnical indicators, including the Relative Strength Index (RSI), signal low momentum levels for ADA. Historically, such readings have preceded price rebounds and potential trend reversals.
Mini dictionary: Relative Strength Index (RSI), a popular technical analysis tool used to measure the speed and change of price movements, indicating whether an asset is overbought or oversold.
Fibonacci projections suggest massive upsideAccording to the analysis by Vuori Trading, Fibonacci extension methods indicate that ADA’s next key target would be a market cap of $37 billion, with a longer-term projection at $569.5 billion, should a major market rally occur. In an optimistic scenario, ADA’s price could multiply by up to 80 times during a strong crypto bull run.
Analysts view the combination of deeply oversold technical indicators, key support retention, and high upside projections as a possible setup for a significant ADA rally, contingent on broader crypto market dynamics.
Cardano founder’s confident outlookCharles Hoskinson, the founder of Cardano, remains confident about the network’s trajectory, describing 2026 as a year in which Cardano will be in stronger shape. Hoskinson anticipates that Cardano will secure its place among the top ten digital assets by market capitalization.
He attributed ongoing growth prospects to development initiatives such as the Midnight side chain and broader ecosystem expansion, emphasizing technological and infrastructure progress over short-term price movements.
Hoskinson’s optimism reflects the sentiment among a segment of the Cardano community who expect further development and adoption, potentially supporting future price action.
Mini dictionary: Charles Hoskinson is a blockchain developer and entrepreneur, best known as the founder of Cardano and a co-founder of Ethereum.
Hoskinson has stressed that Cardano’s long-term growth will be driven by its infrastructure and application ecosystem, not just its market price.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A week of governance failures, structural shakeups, and infrastructure bets has reshaped the conversation across crypto’s major ecosystems. As reported in the weekly update from WuBlockchain, a malicious governance proposal drained roughly $20 million from the BonkDAO treasury, the Ethereum Foundation disbanded its Protocol Support team, and BNB Chain formally unveiled plans for a standalone AI‑focused Layer‑1. Each development points to a market in flux—where DAO security, core protocol coordination, and the infrastructure needed for AI on‑chain are being stress‑tested simultaneously.
The BonkDAO Governance Exploit A governance proposal that flew under the radar for six days stripped approximately $20 million worth of BONK tokens from the treasury. Only seven addresses cast votes; wallets linked to the attacker controlled 99.878% of the voting weight, according to SlowMist founder Yu Xian. PeckShield monitoring confirmed the drain and tracked roughly $148,000 in BONK being sent to an OKX deposit address. BONK’s price slid 9% intraday.
BonkDAO responded quickly, stating investigators had identified the exchange accounts used to acquire BONK before the proposal, and that the team is coordinating with exchanges, cross‑chain bridges, and the Solana Foundation. Law enforcement has been notified. The incident underscores how low‑participation governance votes—especially those with large treasury holdings—remain a structural weakness many DAOs have yet to solve. The speed with which funds moved through centralized rails also highlights the tension between on‑chain transparency and the off‑chain accountability that follows an exploit.
Ethereum Foundation Clears the Decks While the BonkDAO story unfolded, an internal reorganization at the Ethereum Foundation quietly removed a layer of coordination that had long supported protocol development. The Protocol Support team—which organized core developer calls, tracked upgrade progress, shepherded EIPs, and ran the Ethereum Protocol Fellowship—was disbanded as part of a wider organizational overhaul. The announcement came via the team’s own X account, and no immediate replacement structure was named.
The move raises practical questions about who will manage the coordination burden that keeps Ethereum’s multi‑client upgrade process on track. In a week where the Top 10 Blockchains by Developer Activity list still places Ethereum at the top, any thinning of the social scaffolding around core development deserves attention. Some community members see the restructuring as a push toward greater decentralization; others view it as a cost‑cutting exercise that could slow progress on upcoming upgrades.
BNB Chain’s AI‑Native Layer‑1 Separately, BNB Chain went public with plans for a new Layer‑1 blockchain purpose‑built for AI agent trading. The testnet is expected before the end of 2026, with mainnet deployment targeted for early 2027. Designed to run in parallel with the existing BNB Chain, the network promises sub‑50‑millisecond transaction preconfirmations, 100,000 TPS, and finality within one second—execution characteristics typically associated with centralized exchanges, but with on‑chain self‑custody and transparency.
The design eliminates the public mempool to mitigate front‑running and sandwich attacks, a feature that directly addresses the friction AI agents face when executing high‑frequency strategies on‑chain. BNB Chain CTO David Z framed the new chain as infrastructure engineered for trading velocity without sacrificing verifiability. The team also disclosed ongoing research into quantum‑resistant security, suggesting the chain’s roadmap accounts for long‑term cryptographic risks. As interest in deploying AI agents on‑chain grows, from scalable AI‑driven Web3 applications to autonomous trading bots, a dedicated execution layer could attract liquidity that currently sits on centralized venues.
Policy Shifts, Bridge Migrations, and the Fee Switch The week also brought a regulatory milestone and several protocol‑level moves. Polymarket, through affiliate Coming Home GBA LLC, filed for a Futures Commission Merchant license with the National Futures Association, seeking CFTC approval to offer non‑fully‑collateralized prediction market trading. The application signals Polymarket’s intent to attract more sophisticated capital under a formal regulatory framework—a step that could shift the perception of on‑chain prediction markets from grey‑market novelty to licensed financial infrastructure. This push arrives amid a turbulent legislative period for U.S. crypto, where the line between regulation and unlicensed activity is being redrawn.
On the DeFi side, Uniswap Labs proposed extending its UNIfication burn mechanism to v4 liquidity pools, requesting UNI holders to approve protocol fees on selected pools and divert a portion of revenue to UNI buybacks and burns. The snapshot vote runs from July 7 to 12, and on‑chain voting follows the week after. While community sentiment appears supportive, some LPs have raised concerns that the fee could push liquidity elsewhere. Meanwhile, Mantle completed its migration from LayerZero’s OFT standard to Chainlink CCIP’s CCT standard, joining over $7.2 billion in cross‑chain and wrapped assets that have shifted away from LayerZero since May. The migration wave, triggered by the Kelp bridge exploit earlier this year, underscores how security perceptions can rapidly redraw the cross‑chain infrastructure map.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
BNB Agent Studio launched on July 1, 2026, on BNB Smart Chain, integrating Amazon Bedrock’s AgentCore as its managed cloud runtime. The result is autonomous AI agents that stay live around the clock, billed only when active, and completely independent of whatever machine a developer happens to be running.
Here’s the core pitch: a developer writes a single prompt inside familiar tools like Cursor or Claude Code, and a fully operational on-chain AI agent is live in under 15 minutes. Deploying autonomous agents on blockchain infrastructure historically involved days of configuration work, sometimes weeks, covering identity management, payment rails, task interfaces, and compute provisioning separately.
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Nina Rong, Executive Director of Growth at BNB Chain, framed it directly: with BNB Agent Studio, developers can dedicate their creativity and focus toward agent logic as the platform streamlines the underlying infrastructure requirements.
In practice, three open standards are doing the heavy lifting underneath. ERC-8004 handles on-chain identity, giving each agent a permanent, ownable digital presence on BNB Smart Chain. ERC-8183 defines the task interface, standardizing how agents receive and execute instructions. The x402 protocol manages self-funded payments, meaning agents can pay for their own operations without a developer manually topping up wallets.
The AWS Bedrock AgentCore integration is what makes the persistence story credible. Rather than running on a developer’s local machine or a self-managed server, agents execute inside isolated cloud environments managed by Amazon’s infrastructure. BNB Chain uses microVM technology for agent isolation, meaning each agent runs in its own sandboxed environment. The billing model follows a pay-per-use structure, with agents only charged for compute when they’re actually doing something.
AWS joins Trust Wallet and PieVerse as the platform’s anchor partners. Trust Wallet handles wallet integration, giving agents a native interface with the BNB Chain ecosystem. PieVerse provides payment infrastructure, sitting alongside the x402 protocol to support the agent economy.
Over 120,000 AI agents have already been created on BNB Smart Chain using the platform. A follow-up update on July 7, 2026, added real-time CoinMarketCap data access through Binance Pay’s B402 integration, meaning agents can now query live market data natively as part of their decision logic without developers building separate data pipeline connections.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
One key indicator that keeps BNB Chain at the top of the stablecoin market is active users. The network currently hosts about 15 million active stablecoin addresses each month, surpassing all rival blockchains in the market, according to recent data from Binance Research and Dune.
Staying dominantThe percentage of active stablecoin users on BNB Chain was much lower in 2021 than it is now. Since then, adoption has increased significantly, assisting the network in keeping its status as the most popular chain for stablecoin transactions. Although the user bases of Ethereum, Solana, and a number of other significant networks have grown as well, none of them currently match the address activity of BNB Chain.
The statistic initially presents an extremely optimistic picture. As the main means of trading, payments, transfers, and decentralized finance, stablecoins are frequently regarded as the cornerstone of on-chain activity. In general, a larger stablecoin user base indicates high liquidity and ecosystem engagement. But there is a significant caveat.
Capital concentration is not always correlated with active addresses. Although BNB Chain has the most users, it does not necessarily have the highest market capitalization, transaction value, or institutional adoption of stablecoins.
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Because of BNB Chain's accessibility and low fees, many users on the network carry out smaller transactions. Meanwhile, rival ecosystems like Ethereum, which have fewer active addresses, nevertheless attract sizable amounts of substantial capital flows.
The difference matters from a market standpoint. Investors should refrain from assuming that all active users contribute equally to economic value, even though high address activity indicates retail participation and network utility. This conflicting picture is reflected in BNB's price action. On the daily chart, BNB continues to face pressure despite the network's robust fundamental adoption metrics.
BNB's market performanceAfter months of lower highs and lower lows, the asset is now trading close to $573. The fact that the price is still below its 50-, 100-, and 200-day moving averages suggests that the general downward trend has not yet been broken. Although buyers have not yet generated enough momentum for a sustained breakout, the RSI has recovered toward the neutral 50 level, indicating that selling pressure is lessening.
BNB/USDT Chart by TradingViewStronger barriers at the 100-day and 200-day averages follow the immediate resistance, which is still close to the 50-day EMA at $579. The network's significance in the stablecoin economy is demonstrated by BNB Chain's continued impressive user activity leadership.
Virtual Protocol [VIRTUAL] attracted renewed market attention after its price surged 15.92% over the past 24 hours, reflecting growing investor confidence in a series of ecosystem developments.
The project migrated $700 million worth of VIRTUAL tokens from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
This aligns with a broader shift toward Chainlink’s cross-chain infrastructure after the recent KelpDAO exploit heightened security concerns across DeFi.
Investors rewarded the decision as a proactive step to strengthen interoperability and reduce cross-chain risks.
Interest also increased after Robinhood Chain integrated Virtuals’ AI agent infrastructure, allowing developers to launch, fund, own, and use tokenized AI agents from day one. The integration expanded Virtuals’ presence within the tokenized AI economy.
As confidence strengthened, buyers continued accumulating the token, supporting the rally and reinforcing the project’s long-term infrastructure narrative.
Volume surged as traders increased exposure on VIRTUAL Market participation accelerated sharply as speculative interest returned alongside the positive ecosystem updates.
At the time of press, VIRTUAL’s 24-hour trading volume jumped 385.69% to approximately $124 million, highlighting a significant rise in buying activity across exchanges.
Derivatives traders also increased exposure, with Open Interest climbing 35.85% to $70.33 million, indicating that fresh capital entered the futures market rather than existing positions simply rotating.
This combination suggested traders actively positioned for additional upside instead of closing previous contracts.
Rising spot activity alongside expanding Open Interest often reflected stronger conviction behind the move, although leveraged participation also increased the possibility of larger price swings.
If fresh demand continues supporting derivatives positioning, VIRTUAL could preserve its recent strength despite elevated speculative activity.
Source: CoinGlass Bears absorbed the largest liquidation losses The sharp rally quickly forced bearish traders out of their positions as liquidation data shifted heavily toward short sellers.
During the latest reporting period, short liquidations reached approximately $270,950, while long liquidations totaled about $95,160.
Binance recorded the largest share of short liquidations at roughly $157,830, followed by Hyperliquid with $47,180 and Bybit with $41,070.
These figures showed that the rapid upside move caught many leveraged bears on the wrong side of the market.
Long-side liquidations remained comparatively limited, suggesting buyers retained greater control throughout the session.
However, liquidation-driven rallies sometimes cooled after the largest short positions disappeared.
Additional buying demand would likely determine whether VIRTUAL could continue advancing once forced covering subsided.
Source: CoinGlass Breakout shifts focus toward key resistance VIRTUAL broke above its descending channel after spending several weeks respecting lower highs and lower lows.
The breakout carried the token from support near $0.5134 toward the important $0.6500 resistance zone, where buyers tested the next major barrier.
The Relative Strength Index climbed to 59.91, recovering from weaker readings and moving comfortably above the neutral level.
This improvement showed buying strength had increased without entering overbought territory.
Price also closed near $0.6284, leaving the recent breakout intact despite approaching resistance.
If buyers secure a decisive close above $0.6500, the recovery could extend toward the next higher resistance around $0.8000.
However, failure to overcome that barrier could encourage short-term profit-taking before another breakout attempt.
Source: TradingView Final Summary VIRTUAL’s ecosystem upgrades attracted fresh demand and reinforced confidence in the project’s long-term outlook. Rising Open Interest and short liquidations supported the breakout, while $0.65 remained the next hurdle.
The noise of SpaceX's (SPCX 4.51%) recent initial public offering is finally quieting down -- mostly. And, in light of all the hype surrounding this name as it prepped its IPO, you may be a bit disappointed with its performance so far.
Here's how it's fared for whom.
No one's doing great Whether or not you're happy here largely depends on when and how you bought into your stake.
If you were one of the lucky few to directly participate in SpaceX's initial offering at a price of $135 per share, the stock's current price near $152 would mean your $5,000 investment would be worth about $5,590 now, up a little more than 12% since the June 12 IPO.
Most people weren't picked to participate in the actual public offering, though. They were forced to buy their stake in the open market at the market price. If you jumped in that same day, you paid somewhere in the ballpark of its first exchange-traded price of around $150. If that's you, your $5,000 trade is roughly breaking even, at $5,066.
Image source: Getty Images.
Of course, some people stepped into this then-rallying ticker a couple of days after its IPO, which turned out to be the worst possible time to do so. SPCX peaked at a high of $225.64 on June 16. If that was you (and it was someone), your $5,000 investment is now worth around $3,370, down nearly 33%.
Almost no one is doing especially well with SpaceX, regardless of when they got in.
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Nothing unusual, and it's not over yet Those are the numbers. The thing is, none of them really matter just yet.
Sure, anybody who bought it obviously expects SpaceX shares to move higher in the future. As veteran investors can attest, though, erratic post-IPO performance isn't particularly unusual. It could take several more months to fully squeeze out all the speculative forces at play here.
Then there's the phased-out lockup period. Employees and early stakeholders will only be allowed to sell some of their shares after second quarter results are released in early August, with progressively more shares freed up at staggered dates over the three months following that report. Other major shareholders won't be able to sell their stock until early next year, and Musk isn't able to sell any until June of 2027. Selling these shares could put downward pressure on share prices, although it's possible that most insiders and early investors will opt to stick with their positions.
It would also be naïve to pretend the market isn't going to pass conclusive judgment (even if the rhetoric suggests otherwise) on this fast-moving company until at least a couple of reported quarters are in hand, proving whether or not it's moving in a direction and at a pace that justifies the stock's premium price. Don't be surprised to see indecision in the meantime.
In other words, while SpaceX's post-IPO performance so far is lackluster, it's far too soon to worry about it. This won't be a conventional investment prospect for at least a year. In the meantime, trading it is largely an exercise in figuring out how the crowd will feel about the stock just a few days from now.
Meta Platforms (META +6.16%) is one of the big spenders in the artificial intelligence (AI) race. Its capital expenditures in 2026 will total between $125 billion and $145 billion. At the midpoint, that estimate would be 88% higher than last year's figure.
However, investors have reason to be skeptical that this will result in a meaningful payoff.
CEO Mark Zuckerberg, who currently has a net worth of $231 billion, admitted that the company's AI bets "haven't come to fruition yet." He said that during an internal town hall on July 2, Reuters reported.
The social media stock dipped 5% that day, although it's up 19% in the month of July (as of July 10).
Image source: The Motley Fool.
Not living up to the hype Meta has been one of the fastest companies to commit fully to AI. Earlier this year, the business laid off 8,000 employees, translating to 10% of its workforce. It also moved 7,000 people into different AI roles. One of the goals was to develop and implement AI agents throughout the organization, an objective that so far has failed to live up to expectations.
Zuckerberg said notable progress should be made in the coming months. But based on the immediate negative share-price reaction, investors were less enthusiastic.
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The slow AI headway is giving shareholders flashbacks to late 2021, when the business changed its name from Facebook to Meta Platforms. The company believed that the metaverse would replace mobile internet as the next major computing platform, a strategic pivot that Meta has since scaled back.
Investors haven't been pleased with Reality Labs' financial performance. This segment of Meta posted a cumulative operating loss of $77 billion during the five-year period from the start of 2021 through 2025. But this dollar figure is peanuts compared to the money being allocated to AI.
Zuck's gamble makes sense With a world-class advertising platform and 3.56 billion daily active users across its family of apps, Meta aims to leverage AI not only to boost engagement and drive higher ad revenue, but to also bring personal superintelligence to everyone around the world. This gives the business a different position than its hyperscaler peers, which largely sell AI and other computing capabilities to enterprise clients.
Meta's huge AI spending makes sense, since the company wants to lead the AI revolution from an individual's perspective. However, Zuckerberg's comments about AI progress being slow have three implications for the broader AI secular trend.
It's almost impossible to precisely measure early results from AI implementation, even for a dominant technology business. Worries about AI agents replacing jobs appear to be overblown right now. And no one has any idea what the ultimate payoff will be from the unprecedented AI spending taking place.
Elon Musk's most ambitious project to date now has a name. He recently confirmed on X (formerly Twitter) that Space Exploration Technologies' (SPCX 4.51%) planned artificial intelligence (AI) satellite constellation will be called "Starmind."
Musk briefly became the world's first trillionaire following SpaceX's initial public offering (the largest IPO ever). And his wealth could expand significantly if Starmind fulfills its potential.
Could Starmind even render Amazon (AMZN 0.69%) Web Services (AWS), Microsoft (MSFT +0.15%) Azure, and Alphabet's (GOOG 0.34%) (GOOGL 0.50%) Google Cloud obsolete? Here's what investors need to know.
Image source: Getty Images.
Leaving Starlink in the stardust SpaceX's Starlink satellite internet service business has been the company's crown jewel so far. However, that could change if Musk achieves his goal for Starmind.
He plans to launch up to 1 million satellites that run AI workloads in orbit. This number is roughly 100 times the number of satellites currently operated by Starlink. It's also several times the total number of satellites launched in human history. The idea is for the satellites to process their data in space, then beam the results back to Earth.
Two of the biggest challenges for AI data centers on Earth are the need for massive amounts of electricity and the significant heat they generate, which requires cooling. Starmind addresses both issues. Its satellites will be solar-powered. As Musk likes to say, "It's always sunny in space." Also, much less cooling will be needed because the AI processors will radiate heat into space.
There's another big plus to orbiting AI data centers: no permitting or zoning obstacles. The main drawback for Starmind's approach is the cost of launching the satellites -- but SpaceX's reusable Starship spacecraft should help on that front.
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Obsoleting the hyperscalers? AWS, Microsoft Azure, and Google Cloud currently rank as the world's three largest AI hyperscalers. Will these businesses be made obsolete by Starmind, with SpaceX growing exponentially? I wouldn't go that far.
For one thing, SpaceX still faces significant technological and regulatory hurdles in building Starmind at full scale. Also, Amazon, Microsoft, and Alphabet won't simply allow their fastest-growing businesses to go away without a fight. The three tech giants could become SpaceX customers. Amazon could leverage its Leo satellite business and connection with founder Jeff Bezos' Blue Origin to compete more effectively.
Musk has also made grandiose predictions in the past that haven't come true. It could happen again with his planned AI satellite constellation.
Still, Amazon, Microsoft, and Alphabet will almost certainly be closely watching Musk's audacious strategy with Starmind. Investors should, too.
Keith Speights has positions in Alphabet, Amazon, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, and Microsoft. The Motley Fool has a disclosure policy.
Despite what the stock price has done this year, there's a lot to like about Netflix (NFLX 2.76%) as a long-term investment.
It has new revenue opportunities through video podcasting and gaming units, and its entertainment venue, Netflix House, is expanding from locations in Dallas and Philadelphia to Las Vegas in 2027.
For the rest of this year, however, it could still be a bumpy ride for investors, depending on what's reported on July 16 in Netflix's 2026 second-quarter earnings. That report will allow Netflix to show whether content costs are under control, what its acquisition strategy is, and whether the company can reassure shareholders enough to reverse recent stock price losses.
Image source: Getty Images.
Content costs When Netflix reported its first-quarter earnings in April, a few things stuck out that weighed on the stock price immediately after the report. But one of the biggest worries from the market seemed to be Netflix's content costs.
The management team warned that a large portion of content costs would be front-loaded at the start of the year, and that its content amortization rate would peak in the second quarter of 2026.
Netflix's upcoming report will show whether that expectation held true or if the cost of that content is continuing to rise.
What's next after Warner After Netflix walked away from a bidding war in February to acquire assets from Warner Bros. Discovery, investors initially cheered the move. That's because there were always questions about how much value Netflix could extract from Warner Bros., and finding out would have come at a hefty cost.
It didn't take long for Netflix to find another acquisition target. In March, the streaming giant acquired the filmmaking technology company founded by actor Ben Affleck, InterPositive, for a reported $600 million. More recently, in June, rumors surfaced that Netflix was interested in acquiring streaming software company Roku. However, Fox entered a definitive agreement to acquire Roku, and it seems unlikely Netflix would make a competitive bid.
Currently, there doesn't seem to be a unifying theme for the types of acquisitions Netflix is pursuing or may be interested in. More clarity from the management team on the acquisition strategy would help shareholders better understand the company's long-term goals.
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Slumping stock price The biggest reason Netflix has a lot to prove in its upcoming earnings report is because of its slumping stock price. As of this writing, not only are shares down nearly 20% so far in 2026, but the stock price is down around 40% over the last 12 months.
Starting a position before earnings could lead to short-term gains if the report is positive, but it could just as easily lead to fast losses if the report is mediocre or disappointing.
For long-term investors, this will serve more as a scorecard: Has Netflix found its footing, with progress to build on, or is the company still stuck in a slump and facing more uncertainty ahead?
Micron (MU 1.05%) has been an incredible stock to own so far in 2026. It's up around 250% this year, but it's also down around 20% from its all-time highs set just a few weeks ago. That begs the question, is now a sign of a future, bigger drop? Or is it the perfect buying opportunity for those who missed out?
Let's take a look at what Micron's stock has to offer investors after its initial major run-up and see if it's a worthwhile buy.
Image source: Getty Images.
The memory chip market will struggle to maintain balance for a while Micron fabricates memory chips, which are utilized in nearly every computing device on the market. Micron makes the two primary types of memory chips: NAND (non-volatile memory that's often used for long-term data storage) and DRAM (volatile, high-speed memory that's used in conjunction with computing units).
Both NAND and DRAM memory are utilized in all sectors of a data center. However, the massive demand wave the data center build-out is creating is too large for the memory fabrication supply chain to handle. As a result, prices are skyrocketing to adjust for booming demand and limited supply.
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Micron and its peers are scrambling to bring new production capacity online. Still, they're also being cautious not to overbuild because this demand wave is temporary (even if it lasts for a few years beyond 2026). Micron's management team believes it will have increased capacity online in mid-2027, but that market conditions won't improve until 2028 or later.
That means there is still plenty of upside ahead for Micron and its investors, but after a 250% rise, is the stock too expensive?
Absolutely not.
Because Micron operates in the cyclical memory chip business, there will always be some amount of speculation regarding the length of the demand wave. So, investors are slowly pricing in growth. Right now, the stock trades for just 13.5 times forward earnings, but also at just 6.6 times next year's earnings.
MU PE Ratio (Forward) data by YCharts
So, if the 13.5 times forward earnings is the maximum price tag that the market is willing to pay for Micron's business, and Wall Street's earnings projections for next year pan out, it's likely that the stock could double from now until this time next year. While the actual movement of the stock won't be that cut and dried, that's the reality investors are looking at.
With the memory chip market likely to experience tightness for a while and Micron expected to grow massively over that same time frame, I think investors can confidently buy the stock on the dip and achieve incredible returns.
Nvidia (NVDA +3.90%) and Broadcom (AVGO 0.31%) have been the two biggest ways to bet on the artificial intelligence (AI) chip boom, and both have made long-term shareholders a great deal of money. But which one turned a $1,000 investment into more?
It depends entirely on when you would have put the money in.
Go back five years, and Nvidia wins. As of this writing, $1,000 invested in Nvidia in mid-2021 would be worth about $10,100 today, with dividends reinvested. The same $1,000 in Broadcom would be worth about $9,100. Both are extraordinary outcomes, roughly 9 to 10 times your money.
Shorten the window to three years, though, and the two are essentially tied at about $4,800 each.
Over the past 12 months, by contrast, Broadcom is the clear winner, turning $1,000 into roughly $1,440 versus about $1,280 for Nvidia. Nvidia's stock cooled in 2026 even as its business kept booming, while Broadcom surged.
With all of this said, the more useful question for anyone with money to invest today is which of these two looks better positioned from here.
Image source: The Motley Fool.
Nvidia: still the center of the boom Nvidia is still the center of the AI build-out. In its most recent fiscal quarter (ended in late April), revenue hit a record $81.6 billion, up 85% year over year and 20% from the prior quarter. Data center revenue of $75.2 billion climbed 92%.
For a company already generating this much, that pace of growth is remarkable. Nvidia's graphics processing units (GPUs) remain the default hardware for training and running the largest AI models, and demand still outstrips the company's supply.
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In years past, the knock on Nvidia was often valuation. However, that argument has quietly weakened. After lagging in 2026 even as earnings climbed, Nvidia now trades at about 20 times forward earnings.
That's cheaper than the broader market and, worth noting, cheaper than Broadcom. For a company growing this fast, that's arguably an unusually reasonable price.
The risks are familiar. The semiconductor cycle can turn, big customers are designing their own chips to lean less on Nvidia, and any slowdown in data center spending could hit the stock hard. But when you look at growth and price together, Nvidia's setup looks more attractive to me than it has in a while.
Broadcom: the diversified challenger Broadcom's AI business is smaller than Nvidia's, but it's growing even faster off a lower base. Its AI chip revenue jumped 143% year over year last quarter to $10.8 billion, and management sees roughly $16 billion this quarter.
Rather than sell off-the-shelf GPUs, Broadcom designs custom AI accelerators and networking chips for a handful of the largest cloud companies -- a different, more concentrated way to profit from the same build-out.
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It's also a more diversified business overall. Alongside AI chips, Broadcom sells a wide range of other semiconductors and, since acquiring VMware, a large and profitable infrastructure-software operation. Further, this week it also deepened its long relationship with Apple through a multiyear manufacturing commitment expected to exceed $30 billion.
The trade-off is valuation and concentration. Broadcom trades at about 25 times forward earnings, a premium to Nvidia, and a large chunk of its AI revenue comes from just a few customers.
Which is the better buy? Both are excellent businesses, and over the past year, Broadcom has been the better stock. But looking forward, I'd give the edge to Nvidia.
It's growing faster and sits more squarely at the center of AI computing. And -- the part that surprises people -- it's actually the cheaper of the two on forward earnings. You're getting the faster-growing one at a lower valuation multiple.
Of course, Broadcom is a great business. It offers something Nvidia doesn't: a more diversified revenue base and a fast-growing software arm that could help soften the blow if AI chip demand ever cools. For investors who want that cushion, Broadcom is a reasonable pick, and its custom-silicon niche is a strong business in its own right.
But if I had a fresh $1,000 to put into one of these two AI chip stocks today, I'd choose Nvidia. Mostly, I'd rather own the faster-growing company at the cheaper price. The last five years rewarded both handsomely, but the next stretch, I think, tilts back toward the name that started this whole boom.
Hedera-based lending protocol Bonzo Lend lost about $9.05 million after an attacker manipulated the price of SAUCE used as collateral. Bonzo Finance Labs said the incident began on July 11, 2026, when a wallet submitted a false SAUCE price to a third-party Supra oracle contract. The attacker deposited 250 SAUCE, worth only a few dollars, before the feed treated the tokens as highly valuable.
Summary
An attacker inflated SAUCE’s oracle price and borrowed assets worth about $9.05 million from Bonzo. Supra’s verifier accepted a zeroed signature, allowing the false price update to reach Hedera mainnet. Bonzo paused lending while teams pursue recovery, fixes, and the promised return of white-hat funds. Eight seconds after the false price reached the network, the wallet borrowed 6.63 million USDC and more than 34.5 million wrapped HBAR. Bonzo described the headline loss as “approximately $9.05 million.” The protocol paused Bonzo Lend at 01:41 UTC and stopped Bonzo Points later that morning. Bonzo Vaults, Bonzo Bridge, and single-sided BONZO staking continued operating.
Zeroed signature passed Supra’s verifier Bonzo’s incident report traced the event to Supra’s signature verification process. The update carried a zeroed signature instead of a valid signature from Supra’s oracle committee. Bonzo said the verifier failed to reject zero-value inputs before sending them to Hedera’s pairing system contract.
The pairing check returned true because both values represented the mathematical identity point. Supra’s contract then treated that result as proof of a valid committee signature. Bonzo said “no valid oracle signature was forged” and SAUCE’s real market price did not rise. Supra has since deployed a fix to the affected verifier contract on Hedera mainnet, according to the report.
Bonzo says its lending contracts followed their code Bonzo said its lending contracts read the manipulated value from the approved oracle feed and calculated borrowing power from that data. The team stated that the lending pool acted as designed after receiving the false input. Its report ruled out a Bonzo contract bug, a flash-loan attack, and normal market manipulation.
A second account borrowed about $1 million while the abnormal price remained active. That wallet later contacted the team and described itself as a white-hat responder. It said it planned to return the assets. Bonzo excluded that amount from its $9.05 million loss figure because recovery talks remain active. The published report had not confirmed the return.
Crypto.news tracked transfers before Bonzo confirmed the loss Before Bonzo released its findings,crypto.news reported that security researchers had tracked more than $5.8 million moving from Hedera to Ethereum. Researchers said the wallet bridged assets through LayerZero and converted part of the holdings from wrapped Bitcoin into Ether. HBAR fell more than 2% as the transfers continued.
Bonzo’s oracle documentation lists Supra feeds for SAUCE, HBARX, XSAUCE, DOVU, PACK, KARATE, STEAM, and HST against wrapped HBAR. The incident affected the SAUCE pair. Bonzo said legitimate publishing restored that price to about 0.1964 HBAR at 01:36 UTC, five minutes before the lending pool pause.
The later Bonzo report raised the confirmed principal taken by the main attacker to about $9.05 million. A Wu Blockchain post also shared the protocol’s findings. Bonzo Lend remains paused while Bonzo Finance Labs and the Bonzo Finance Foundation work with partners on asset recovery, repairs, and withdrawal plans for liquidity providers. The team has not set a date for reopening the lending pool.
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.
Two hackers today spent a total of 11.71 million DAI to buy ETH.
According to Yu Jian Monitoring, two hackers purchased Ethereum today. The first hacker, who stole funds from Coinbase users, spent 7.378 million DAI to acquire 4,049.7 ETH in the early hours of today, at an average price of $1,822. The second is an address that received ETH from Tornado Cash last November; it spent 4.34 million DAI to repurchase 2,405 ETH two hours ago, at an average price of $1,804.
11 minutes ago
Polymarket's weekly revenue topped $11 million this week, hitting an all-time high.
According to Defillama data, Polymarket's weekly revenue exceeded $11 million this week, hitting an all-time high, while the protocol's cumulative revenue has surpassed $97 million.
11 minutes ago
Robinhood Chain’s DEX trading volume exceeded $877 million over the past 24 hours, ranking second among all blockchains.
According to DefiLlama data, Robinhood Chain’s 24-hour DEX trading volume hit $877.6 million, ranking second among all blockchains—only trailing Solana’s $1.133 billion, while Ethereum’s mainnet came in third with $778 million in trading volume.
11 minutes ago
The volume of ETH bridged from Ethereum Mainnet to Robinhood Chain has surged roughly tenfold in a week, surpassing $100 million.
According to Token Terminal data, over the past week, the volume of ETH bridged from Ethereum mainnet (L1) to Robinhood Chain (L2) has surged roughly 10-fold, surpassing $100 million. Robinhood Chain uses ETH as its native gas token, as noted. Token Terminal stated that if adoption of the chain continues to grow, it could become a new, significant source of demand for ETH.
11 minutes ago
Binance Wallet has integrated Robinhood Chain.
According to official announcements, Binance Wallet has integrated Robinhood Chain. Users can directly access and trade tokens on Robinhood Chain via the Binance Wallet App and browser extension, delivering a more convenient multi-chain operation experience.
11 minutes ago
Institutions: HBM4 prices could rise to $4–5 per thousand bits in the second half of this year.
DigiTimes reports that fueled by surging AI demand and structural production capacity bottlenecks, the price of next-generation HBM4 may jump from $2 per kilobit to $4–5 or higher in the second half of 2026. This is partly due to the extreme complexity of HBM4 manufacturing: its production cycle lasts four to six months, and initial yields are notably low. Additionally, HBM production consumes approximately three times the wafer capacity of standard DDR5 DRAM, severely restricting the total memory volume manufacturers can output at existing facilities. (Jinshi)
The Euro to Dollar (EUR/USD) exchange rate is holding close to 1.1415, despite renewed geopolitical tensions in the Middle East that would normally be expected to support the US Dollar.
UniCredit believes the Dollar's muted response reflects a combination of higher global bond yields, resilient equity markets and fading expectations of an imminent Federal Reserve rate increase.
The bank identifies rising long-term yields outside the United States as the most important factor supporting the Euro.
According to UniCredit, higher German Bund and Japanese government bond yields are providing a "parachute" for other major currencies, reducing the Dollar's traditional safe-haven advantage during periods of geopolitical stress.
The bank also notes that minutes from the Federal Reserve's latest meeting remained cautious on inflation but stopped short of signalling an imminent interest-rate hike, while global equity markets have remained remarkably resilient.
UniCredit adds that investors have become increasingly accustomed to shifts in President Trump's rhetoric, making markets less likely to react aggressively to geopolitical headlines alone.
Even so, the bank does not expect a sustained Dollar sell-off until diplomatic progress resumes.
According to UniCredit, "a rapid move back above 1.15 in EUR-USD... appears unlikely" while negotiations between the US and Iran remain stalled. At the same time, the risk of EUR/USD slipping back towards the year's low near 1.1325 "has therefore not disappeared" if tensions escalate further.
Ventas is positioned as both a dividend and growth REIT, benefiting from macro tailwinds in senior housing demand. VTR's investment-grade balance sheet, geographic diversity, and expanding portfolio underpin its resilience and modest growth outlook. Despite a rich 23x forward earnings multiple, upside forecasts are only 7%–10%, warranting a more neutral valuation stance.
Composizione della tesoreria di Eightco all'8 luglio 2026: 90 milioni di dollari di azioni OpenAI (indirette), 18 milioni di dollari di azioni Beast Industries, 16.278 ETH, 283 milioni di WLD e 149 milioni di dollari in contanti e mezzi equivalenti, per un totale di circa 397 milioni di dollari
Il token Worldcoin (WLD) è ora quotato su Robinhood (NASDAQ: HOOD), consentendo maggiore accesso a milioni di persone
OpenAI ha recentemente annunciato di aver presentato un S-1 riservato, preparandosi per un'offerta pubblica iniziale
Eightco offre un'esposizione indiretta ad alcune delle società private più innovative, tra cui OpenAI e Beast Industries
, /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" o "la Società") ha fornito oggi un aggiornamento sulle proprie partecipazioni complessive, evidenziando la crescente presenza nel settore degli asset digitali e degli investimenti strategici in aziende tecnologiche private leader.
ORBS Holdings & Key Metrics
The ORBS Portfolio Thesis
All'8 luglio 2026, alle ore 18:00. ET, ORBS detiene partecipazioni che includono un investimento di 90 milioni di dollari (indirettamente, tramite società veicolo) in OpenAI, un investimento di 18 milioni di dollari in Beast Industries, un investimento di 1 milione di dollari in Mythical Games, 283.452.700 Worldcoin (WLD) a 0,39 dollari per WLD (per Coinbase), 16.278 Ethereum (ETH) e un totale di circa 149 milioni di dollari in contanti e stablecoin, per un valore complessivo delle partecipazioni pari a circa 397 milioni di dollari.
Le principali notizie in testa all'informazione:
Il management di ORBS ritiene che il portafoglio di tesoreria della Società contenga alcuni degli elementi più cruciali per il futuro dell'intelligenza artificiale e del sistema finanziario digitale. Tra le principali notizie di questa settimana vi sono:
OpenAI ha comunicato che renderà pubblici i suoi modelli GPT-5.6 Sol, Terra e Luna, il 9 luglio 2026. Secondo OpenAI, GPT-5.6 Sol è il suo "modello più potente", con maggiori capacità nella programmazione, la biologia e la sicurezza informatica (CNBC). L'8 luglio è stato comunicato che OpenAI Deployment Company ha raggiunto un accordo per l'acquisizione di Northslope, un'azienda di IA applicata. Con tale accordo, il team della Deployment Company si amplia, arrivando a centinaia di "forward deployed engineer" (FDE), che lavorano insieme ai clienti per creare sistemi di IA all'interno delle loro organizzazioni. Ciò sottolinea in che modo la corsa all'IA potrebbe essere determinata da chi sarà in grado di fare utilizzare alle aziende i propri strumenti di IA , piuttosto che dal rilascio dei modelli (Axios). Il 7 luglio, la ABC ha comunicato che MrBeast parteciperà come Shark ospite alla 18a stagione di Shark Tank, questo autunno. L'apparizione segna l'inizio nel ruolo di investitore nel programma (ABC) del creator con il maggior numero di iscritti al mondo. Il 6 luglio, World ha aperto il suo negozio principale a Londra; qui, i visitatori possono scoprire i vantaggi della prova privata di umanità e verificare la propria natura umana tramite un Orb (World). Successivamente, questo mese, il 24 luglio 2026, la quantità di WLD, che entra ogni giorno sul mercato, registrerà automaticamente una riduzione del 43%, passando da circa 5,1 milioni a circa 2,9 milioni di token al giorno, concludendo il periodo più intenso di rilascio triennale per il token (World Foundation). Questa tabella di marcia è stata fissata nel whitepaper di World, quando il token ha avuto inizio. La Società detiene 283.452.700 WLD, pari a circa l'8,1% di tutti i WLD al momento in circolazione e alla maggiore posizione resa pubblica nel mondo. Tale posizione non subisce cambiamenti il 24 luglio; ciò che subirà un cambiamento sarà il continuo incremento dell'offerta di WLD, tuttavia, il ritmo di tale incremento, a partire dal 24 luglio, sarà quasi la metà di quello precedente. "Apparentemente, ogni settimana, le capacità e le innovazioni dell'IA continuano a sorprendere i mercati", ha affermato Thomas "Tom" Lee, membro del consiglio di amministrazione di Eightco. L'imminente rilascio di GPT-5.6 da parte di OpenAI e l'acquisizione di Northslope dimostrano che la prossima fase dell'IA non interessa solo la creazione di modelli più capaci, ma anche favorirne l'adozione da parte delle aziende su larga scala.
Riguardo a World, pensiamo che la relativa espansione a Londra dimostri la crescente importanza di un'identità digitale affidabile, mentre l'IA si integra a ritmo crescente nella vita quotidiana. Crediamo che ORBS abbia una posizione unica grazie all'esposizione sia a OpenAI che a World, due piattaforme che stanno contribuendo a determinare il futuro dell'IA e l'infrastruttura necessaria a supportarla", ha continuato Lee.
Eightco: Esposizione ai principali megatrend
Eightco si fonda su tre megatrend che, secondo la società, daranno forma al prossimo decennio di innovazione: IA, identità digitale e economia dei creatori, con presenza in ciascuno di questi ambiti tramite investimenti indiretti in OpenAI (23% delle riserve di tesoreria di ORBS), Worldcoin (28%) e Beast Industries (5%).
Intelligenza artificiale: OpenAI
Eightco ha investito circa 90 milioni di dollari in veicoli a scopo speciale con esposizione a partecipazioni azionarie nella società madre di OpenAI, pari a circa il 23% delle attività di tesoreria, una delle concentrazioni più elevate tra tutti i veicoli quotati.
ChatGPT, l'app di OpenAI destinata al grande pubblico, è diventata l'app di IA per consumatori numero uno al mondo (Sensor Tower) e nel febbraio 2026 ha superato i 900 milioni di utenti attivi settimanali, diventando così la tecnologia consumer con la crescita più rapida della storia (UBS via Reuters).
Identità digitale: Token WLD
Eightco detiene oltre 283 milioni di WLD, pari a circa l'8,1% della fornitura circolante, la maggiore posizione istituzionale resa pubblica a livello globale e che costituisce circa il 28% degli asset di tesoreria di Eightco.
Worldcoin è il token nativo di World, una rete globale di "Proof of Human" creata da Tools for Humanity (cofondata da Sam Altman e Alex Blania) e gestita dalla World Foundation. I dispositivi Orb rilasciano un World ID che tutela la privacy e verifica che l'utente sia una persona fisica e non un agente AI.
In base al modello di business annunciato da World, le applicazioni pagano commissioni per ogni verifica, mentre la verifica degli utenti finali rimane gratuita, con sia gli emittenti di credenziali che il protocollo World che monetizzano l'autenticazione degli utenti verificati. World individua un'opportunità di fatturato potenziale complessiva pari a 6,35 trilioni di dollari in 13 settori, tra cui quello bancario, l'e-commerce, il gaming, i social media e l'IA agentica (secondo Tools for Humanity).
Economia dei creatori — Beast Industries
Eightco ha investito 18 milioni di dollari nel capitale azionario di Beast Industries, pari a circa il 5% delle attività di tesoreria.
Beast Industries vanta una delle più ampie reti di distribuzione diretta al consumatore al mondo, con oltre 500 milioni di follower complessivi su tutte le piattaforme, grazie soprattutto a MrBeast, la persona più seguita su YouTube a livello globale. Man mano che l'IA trasforma la creazione di contenuti in un bene standardizzato, la distribuzione e la fiducia del pubblico diventano risorse sempre più scarse.
Informazioni su Eightco Holdings Inc.
Eightco Holdings Inc. (NASDAQ: ORBS) è una holding quotata in borsa, che sta implementando una strategia di tesoreria innovativa basata su Worldcoin (WLD), offrendo agli investitori un'esposizione indiretta, tramite un unico ticker, a tre dei trend principali di questo ciclo: l'IA attraverso il suo investimento indiretto in OpenAI, l'identità digitale attraverso la posizione di maggiore detentore pubblico di WLD e del protocollo Proof-of-Human, e l'economia dei creator attraverso la partecipazione azionaria in Beast Industries di MrBeast. Grazie al supporto di investitori istituzionali leader, tra cui Bitmine Immersion Technologies Inc. (NYSE: BMNR), MOZAYYX, World Foundation, CoinFund, Discovery Capital Management, FalconX, Payward/Kraken, Pantera e GSR, Eightco sta creando l'infrastruttura per la verifica umana nell'era dell'IA agentica.
Per ulteriori informazioni:
X: @iamhuman_orbs
Sito Web: 8co.holdings
Domande frequenti
Che cos'è il titolo ORBS?
Eightco Holdings Inc. (NASDAQ: ORBS) è una società quotata in borsa al Nasdaq. ORBS offre un'esposizione indiretta a: OpenAI e Beast Industries.
Chi detiene la maggior quantità di Worldcoin (WLD)?
Eightco Holdings (NASDAQ: ORBS) detiene 283 milioni di WLD, pari a circa l'8,1% dell'offerta circolante e alla maggiore posizione istituzionale resa pubblica a livello globale.
Che cos'è la Proof of Human?
Proof of Human è una verifica crittografica, secondo cui un utente è una persona fisica unica e vivente, non un bot o un agente AI. Si tratta di un'infrastruttura fondamentale per i social network, il settore bancario, il commercio agentico e qualsiasi sistema che richieda il principio "una persona, un account" nell'era dell'IA agentica.
In che modo Eightco (ORBS) si collega a Proof of Human?
Eightco Holdings (NASDAQ: ORBS) è il maggiore detentore istituzionale pubblicamente noto di Worldcoin (WLD), il token che alimenta la rete 'Proof of Human' di World.
Chi è il CEO di Eightco Holdings?
Kevin O'Donnell è il CEO di Eightco Holdings (NASDAQ: ORBS). Nel consiglio di amministrazione della società vi sono Tom Lee (Managing Partner e Responsabile della ricerca presso Fundstrat e presidente di Bitmine Immersion Technologies (NYSE: BMNR)) e, in veste di consulente del consiglio di amministrazione, Brett Winton (Chief Futurist presso ARK Invest).
Dichiarazioni previsionali
Il presente comunicato stampa contiene dichiarazioni previsionali ai sensi del Private Securities Litigation Reform Act del 1995. Tutte le dichiarazioni contenute nel presente comunicato stampa, differenti rispetto a quelle relative a fatti storici, possono essere considerate previsionali, tra cui, a titolo esemplificativo ma non esaustivo, le dichiarazioni riguardanti: le aspettative dell'Azienda secondo cui l'IA, l'identità digitale e l'economia dei creator daranno forma al prossimo decennio di innovazione; la convinzione dell'Azienda secondo cui il proprio portafoglio di tesoreria contenga alcune delle componenti più critiche per il futuro sistema finanziario digitale e basato sull'IA; le dichiarazioni riguardanti il potenziale di un'offerta pubblica iniziale (IPO) di OpenAI in seguito alla presentazione di un modulo S-1 riservato; le affermazioni secondo cui la verifica Proof-of-Human offre un'infrastruttura importante per i social network, il settore bancario, il commercio agentico e qualsiasi sistema che richieda il principio "una persona, un account" nell'era dell'IA agentica; le dichiarazioni rispetto all'opportunità di ricavi accessibili a World, pari a 6,35 trilioni di dollari, in settori quali quello bancario, l'e-commerce, il gaming, i social media e l'IA agentica; le dichiarazioni relative alla posizione dell'Azienda come maggiore detentore istituzionale di WLD a livello globale tra quelli resi pubblici; le affermazioni secondo cui la distribuzione e la fiducia del pubblico diventano risorse sempre più scarse mentre l'IA rende la produzione di contenuti una commodity; le dichiarazioni rispetto alla realizzazione, da parte dell'Azienda, dello strato infrastrutturale per la verifica umana nell'era dell'IA agentica; le dichiarazioni relative alla quotazione di Worldcoin (WLD) su Robinhood, che amplia l'accesso a milioni di utenti; le dichiarazioni relative alle capacità e al previsto rilascio dei modelli GPT-5.6 Sol, Terra e Luna di OpenAI; le dichiarazioni rispetto al significato dell'acquisizione di Northslope da parte della OpenAI Deployment Company per l'adozione dell'IA a livello aziendale; le dichiarazioni riguardo alla crescente importanza di un'identità digitale affidabile mentre l'IA si integra nella vita quotidiana; le dichiarazioni relative alla prevista riduzione del tasso di crescita dell'offerta di WLD dopo il 24 luglio 2026; le dichiarazioni rispetto al posizionamento unico della Società grazie all'esposizione alle piattaforme OpenAI e World; e le dichiarazioni relative alla convinzione di OpenAI secondo cui GPT-5.6 Sol sia il suo "modello più potente sviluppato finora". Termini quali "pianifica", "prevede", "volere", "anticipa", "continuare", "espandere", "far avanzare", "sviluppare", "crede", "indicazioni", "obiettivo", "potrebbe", "rimanere", "progettare", "prospettiva", "intendere", "stimare", "potrebbe", "dovrebbe", "posizionato," "vedere" e altre espressioni di significato analogo sono volti a identificare dichiarazioni previsionali, sebbene non tutte le dichiarazioni previsionali contengano tali parole. Le dichiarazioni previsionali si basano sulle attuali convinzioni e ipotesi del management, che sono soggette a rischi e incertezze e non costituiscono una garanzia dei risultati futuri. I risultati effettivi potrebbero differire in modo sostanziale da quelli contenuti in qualsiasi dichiarazione previsionale a causa di vari fattori, tra cui, a titolo esemplificativo ma non esaustivo: l'incapacità della Società di influenzare la gestione o le operazioni di società private in cui la Società non detiene una partecipazione di controllo, tra cui OpenAI e Beast Industries; il rischio di perdita o svalutazione degli investimenti strategici della Società, inclusa la sua posizione indiretta nel capitale di OpenAI (detenuta tramite veicoli a scopo speciale), la sua posizione in WLD e la sua posizione nel capitale di Beast Industries; la capacità della Società di mantenere la conformità ai requisiti di quotazione continua del Nasdaq; costi, oneri o spese imprevisti che riducono le risorse di capitale della Società o ritardano in altro modo l'impiego di capitale; l'incapacità di raccogliere capitale adeguato per finanziare o espandere le proprie operazioni aziendali o gli investimenti strategici; volatilità dei prezzi degli asset digitali, inclusi WLD ed ETH, che potrebbe influire in modo significativo sul valore delle partecipazioni di tesoreria della Società; cambiamenti normativi, legislazione futura e regolamentazione che incidono negativamente sugli asset digitali, sull'adozione dell'intelligenza artificiale o sulla raccolta di dati biometrici; rischi relativi allo sviluppo, all'adozione e all'accettazione da parte del mercato della tecnologia Proof-of-Human e della rete World; incertezza riguardo al ritmo e alla traiettoria dell'implementazione dell'IA agentica nelle applicazioni aziendali e di consumo; l'incertezza relativa alla roadmap dei prodotti di OpenAI e alle tempistiche o al lancio di una eventuale IPO o quotazione diretta; rischi relativi alla capacità di Beast Industries di raggiungere le proprie proiezioni di crescita; concorrenza nei mercati dell'identità digitale e delle infrastrutture di IA; dipendenza da fonti terze per la valutazione di determinati investimenti; incertezza riguardo al successo continuativo di MrBeast e alle prestazioni del modello di business di Beast Industries incentrato sui creator; rischi relativi alle posizioni concentrate della Società in determinati asset digitali e investimenti in società private; e cambiamenti nelle posizioni dell'opinione pubblica e dei governi riguardo agli asset digitali o ai settori legati all'intelligenza artificiale; rischi legati alle tempistiche, alle caratteristiche e alla ricezione a livello commerciale dei rilasci dei modelli di OpenAI; e rischi che le dinamiche dell'offerta di WLD non diano gli effetti di mercato previsti. Alla luce di tali rischi e incertezze, si raccomanda ai lettori di non fare eccessivo affidamento su tali dichiarazioni previsionali. Per un'analisi di altri rischi e incertezze, nonché di altri fattori rilevanti, ognuno dei quali potrebbe far sì che i risultati effettivi di Eightco differiscano da quelli contenuti nelle dichiarazioni previsionali qui riportate, si rimanda ai documenti depositati da Eightco presso la Securities and Exchange Commission (la "SEC"), inclusi i fattori di rischio e le altre informazioni contenute nella Relazione annuale sul modulo 10-K depositata presso la SEC il 15 aprile 2026 e nei successivi documenti depositati presso la SEC e disponibili al pubblico. Tutte le informazioni contenute nel presente comunicato stampa sono aggiornate alla data di pubblicazione e Eightco non si assume alcun obbligo di aggiornare tali informazioni o di annunciare pubblicamente i risultati di eventuali revisioni di tali dichiarazioni al fine di riflettere eventi o sviluppi futuri, salvo quanto richiesto dalla legge.
It has certainly been a case of the Mondays for Monday.com (MNDY 1.44%) this year, as the stock is down more than 40% in 2026.
The work operating system company has been caught up in the software-as-a-service (SaaS) downturn, and investors sold the company off hard in February after it projected that its Q1 2026 revenue would come up just short of analyst expectations. It actually beat those original analyst revenue estimates by a wide margin ($342.9 million) when it reported its Q1 results in May, and it also raised its full-year guidance. This helped the stock rebound off its lows, but it is still down more that 70% in the past year.
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AI fears loom Monday.com's sell-off this year has largely been driven by fears that artificial intelligence (AI) would disrupt its business model. The company is largely a visual interface that helps customers automate workflow tasks. One of its advantages is that it's a drag-and-drag tool that doesn't require technical expertise to set up. And while the company has introduced AI tools, including AI agents and even a vibe (AI-assisted) coding tool, investors fear that similar tools will replace it.
The company's growth remains strong, with its Q1 revenue climbing 24% to $351.3 million. Its growth was led by existing customers, with net dollar retention at 110%. Any number above 100% represents growth from clients who have been customers for at least a year after churn. Meanwhile, net dollar retention among larger clients was even more robust, at 114% for customers with more than 10 users and 116% for customers with annual recurring revenue (ARR) of $50,000 or more.
Looking ahead, the company forecast Q2 revenue of $338 million to $340 million, representing 18% to 19% growth. It projected full-year revenue of between $1.466 million and $1.474 million, above its prior guidance of $1.452 billion and $1.462 billion.
Image source: The Motley Fool.
Monday.com continues to deliver solid revenue growth, and its AI solutions, especially Monday Vibe, are performing well. Meanwhile, the sell-off has left the stock incredibly cheap. It now trades at a price-to-sales (P/S) ratio below 3 times and a forward price-to-earnings (P/E) ratio below 19 times, for a company still projected to grow revenue by nearly 20%.
An investment in Monday.com comes down to the core SaaS debate. Will organizations just build it themselves, or do they still value the updates, security, maintenance, and compliance that come with getting it from dedicated providers? Organizations have always been able to develop their own software, and AI makes it easier, but is the cost worth it? I have serious doubts, and as such, think the stock is a buy at these depressed levels.
Solana has reclaimed the top position in global blockchain network activity, reflecting a surge in both on-chain participation and technical optimism for the network, as industry observers point to growing interest from developers, traders, and everyday users.
Solana outpaces rivals in network throughputIn a new set of rankings published by blockchain analytics company Chainspect, Solana registered a network throughput of 1,635 transactions per second (TPS), putting it well ahead of other major blockchains. Second place went to Internet Computer, which recorded 1,035 TPS.
These figures, provided for July 10, give both Solana and Internet Computer a clear lead over their nearest competitors. BNB Chain, widely used for decentralized applications and trading, processed only 179 TPS, while Aptos posted a similar TPS rate.
Other notable layer-1 and payment networks lacked comparable processing power. TRON and Stellar, focusing heavily on stablecoin and cross-border activity, processed between 130 and 150 TPS. Base, Polygon, Fogo, and Keeta Testnet each recorded under 100 TPS, signaling a significant gap with the top blockchains in terms of on-chain activity.
BlockchainTransactions Per Second (TPS)Solana1,635Internet Computer1,035BNB Chain179Aptos170–180TRON130–150Stellar130–150Base<100Polygon<100Fogo<100Keeta Testnet<100Analysts note that Solana’s ability to process large volumes of low-cost transactions has made the network attractive for both established and emerging projects, retaining high user and developer engagement even as market volatility persists.
The Internet Computer, developed by the DFINITY Foundation, maintains a strong presence as a scalable smart contract platform, but still trails Solana’s current throughput levels.
Mini dictionary: Chainspect, a blockchain data and analytics platform, provides real-time monitoring and comparative research on various blockchain networks’ performance and activity.
On-chain activity and technical indicators signal optimismAccording to analysts, signs of strong activity in Solana align with bullish technical developments. Ali Charts, a well-known market analyst, highlighted a renewed buy signal after Solana’s price climbed above $78 on June 30, triggering a positive SuperTrend reading for the first time in weeks. This technical setup is seen as reinforcing investor sentiment.
Ali Charts emphasized that a buy signal was generated on Solana after surpassing the $78 threshold, with the SuperTrend indicator turning bullish.
Supporting these bullish signals, on-chain data also points to major capital flow into long-term holding strategies. Between June 24 and July 3, about 1.5 million SOL tokens were withdrawn from exchanges, indicating that holders preferred to move their coins to secure self-custody rather than sell. In the same period, Solana’s network recorded an increase of 1.6 million wallet addresses, further suggesting rising participation.
Key resistance levels and market risksDespite bullish momentum, analysts caution that Solana faces significant resistance in the $79 to $85 range. The UTXO Realized Price Distribution data shows that around 105 million SOL have previously changed hands within this zone, posing a potential supply barrier if upward price movement continues.
According to technical projections, if Solana’s price breaks above the $85 level, further upside targets could be set at $100 and $127. Conversely, a decline below $74 may signal a reversal and increase the potential for a pullback down to the $53 support level.
On-chain and technical indicators both highlight the importance of the $85 resistance and the $74 support in determining short-term trends for Solana.
These developments unfold at a time when the broader crypto sector is searching for new growth drivers, adding focus to networks that demonstrate both robust user demand and technical capability.
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.
Phantom, the self-custodial wallet that dominates Solana’s ecosystem, confirmed on July 12 that some users are experiencing degraded performance when trying to send tokens or execute swaps. The wallet’s other features, like checking balances, are reportedly working fine.
What we know so far Phantom’s public acknowledgment was brief and to the point: some users are hitting walls when attempting sends and swaps, the team is investigating, and updates will follow. The company hasn’t disclosed how many users are affected, which specific tokens or chains are involved, or what’s causing the degradation.
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Phantom supports multiple blockchains including Solana, Ethereum, Bitcoin, and Polygon. A send-and-swap issue could be chain-specific, or it could be something deeper in Phantom’s own infrastructure. Without clarity on the root cause, users are left guessing.
Phantom has been through this before. Back in April 2024, users reported similar frustrations with Solana token sends specifically. At the time, community feedback pointed fingers at network congestion and app updates as likely culprits. Whether the current situation shares the same DNA remains unclear.
Why this matters for the Solana ecosystem Originally built exclusively for Solana before expanding to other chains, Phantom has positioned itself as the go-to self-custodial option for anyone interacting with Solana-based DeFi protocols, NFT marketplaces, and meme coin markets.
Phantom competes with options like Solflare on Solana, MetaMask across EVM chains, and a growing roster of multi-chain wallets vying for market share.
For now, Phantom users who need to move funds urgently might consider using alternative wallet interfaces that connect to the same underlying accounts. Since Phantom is non-custodial, your assets aren’t locked inside the app itself. They’re on-chain, accessible through any compatible wallet that accepts your recovery phrase.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Two hackers today spent a total of 11.71 million DAI to buy ETH.
According to Yu Jian Monitoring, two hackers purchased Ethereum today. The first hacker, who stole funds from Coinbase users, spent 7.378 million DAI to acquire 4,049.7 ETH in the early hours of today, at an average price of $1,822. The second is an address that received ETH from Tornado Cash last November; it spent 4.34 million DAI to repurchase 2,405 ETH two hours ago, at an average price of $1,804.
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Polymarket's weekly revenue topped $11 million this week, hitting an all-time high.
According to Defillama data, Polymarket's weekly revenue exceeded $11 million this week, hitting an all-time high, while the protocol's cumulative revenue has surpassed $97 million.
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The volume of ETH bridged from Ethereum Mainnet to Robinhood Chain has surged roughly tenfold in a week, surpassing $100 million.
According to Token Terminal data, over the past week, the volume of ETH bridged from Ethereum mainnet (L1) to Robinhood Chain (L2) has surged roughly 10-fold, surpassing $100 million. Robinhood Chain uses ETH as its native gas token, as noted. Token Terminal stated that if adoption of the chain continues to grow, it could become a new, significant source of demand for ETH.
1 minutes ago
Binance Wallet has integrated Robinhood Chain.
According to official announcements, Binance Wallet has integrated Robinhood Chain. Users can directly access and trade tokens on Robinhood Chain via the Binance Wallet App and browser extension, delivering a more convenient multi-chain operation experience.
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Institutions: HBM4 prices could rise to $4–5 per thousand bits in the second half of this year.
DigiTimes reports that fueled by surging AI demand and structural production capacity bottlenecks, the price of next-generation HBM4 may jump from $2 per kilobit to $4–5 or higher in the second half of 2026. This is partly due to the extreme complexity of HBM4 manufacturing: its production cycle lasts four to six months, and initial yields are notably low. Additionally, HBM production consumes approximately three times the wafer capacity of standard DDR5 DRAM, severely restricting the total memory volume manufacturers can output at existing facilities. (Jinshi)
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The deadline for Bitcoin data limit proposal BIP-110 is approaching, with miner support for the proposal remaining near zero.
Bitcoin’s BIP-110 proposal is approaching its early August deadline, yet miner support for the measure remains below 1%, signaling significant resistance to the initiative. Officially titled “Temporary Soft Fork for Reducing Data”, BIP-110’s core controversy centers on restricting non-financial data on the Bitcoin blockchain. The proposal aims to cap OP_RETURN data capacity within a year, ban most arbitrary data exceeding 256 bytes from being written to the chain, and limit certain script formats primarily used for data storage. Supporters argue the plan would refocus the Bitcoin network on its payment function and reduce node operational burdens; opponents counter that it would escalate policy disputes over block space usage into consensus rule changes, effectively determining which transactions qualify as “acceptable”. Strategy founder Michael Saylor and Blockstream co-founder Adam Back have both publicly opposed BIP-110. Saylor remarked, “There are 110 things more dangerous than junk data”, adding that the proposal would “turn the junk data debate into a consensus change, invalidating some currently valid transactions that pay fees”. Back stated that if supporters cannot accept the status quo, they may choose to fork, but “Bitcoin will not join”. Data shows BIP-110 uses a user-activated soft fork mechanism with a 55% miner signaling threshold, though miner signaling rates have never topped roughly 1% to date, with the current cycle sitting at 0 and no major mining pools backing the measure. The share of nodes running BIP-110 software also remains in the single digits, primarily from Bitcoin Knots users. The proposal’s current signaling cycle will end around block height 959,615, with a voluntary lock-in period expected in early August and activation targeted for around September. If broad support is still absent by then, the initiative could result in a minority of nodes forming a separate chain.
Injective (INJ) is capturing renewed attention in the cryptocurrency market as analysts and traders highlight a recurring chart pattern that has preceded each of its past major bullish cycles.
Technical pattern signals potential rallyAnalyst Logical has pointed to a specific trading structure that has reliably appeared ahead of INJ’s strongest rallies. According to Logical, during the 2020–2021 market cycle, INJ surged approximately 4,898%, while the subsequent expansion saw gains of around 6,143%. Both of these large moves followed extended periods of price accumulation near cycle lows, staggered by decisive upward breaks through descending trendlines.
The latest weekly chart indicates this pattern is emerging again. INJ has spent several years retracing from its all-time highs, but now trades just above its long-term downward trendline and sits near the lower end of its historical price range. The token stays above crucial support zones, suggesting gradual accumulation by buyers may be under way.
Based on previous cycle durations and gains, market participants expect INJ could be entering a new growth phase—potentially targeting the $80 to $90 price range. However, analysts believe confirmation will require a clear breakout on the weekly chart, ideally accompanied by increasing volumes.
Market watchers highlight that signs of a third rally are visible, but emphasize that a confirmed breakout and stronger trading volumes are needed to validate this scenario. Without those triggers, the pattern remains an unproven projection at this stage.
Strengthening fundamentals underpin market optimismWhile technical patterns attract traders, ongoing expansion within the Injective ecosystem is also adding momentum to bullish expectations. CoinGecko has described Injective as an advanced Layer 1 blockchain focused on decentralized finance, offering streamlined trading, settlement, tokenization, and decentralized application creation on a single chain.
Since January 2025, Injective’s protocol has facilitated approximately $34.4 billion in derivatives trading volume and processed spot trades worth around $888 million. Of the total derivative activity, some $6.8 billion in volume is tied to real-world assets, accounting for about one-fifth of overall derivatives.
MetricValueDerivatives Volume (since Jan 2025)$34.4 billionSpot Volume (since Jan 2025)$888 millionReal-world Asset Derivatives$6.8 billionINJ Burned (since 2021)7.1 million tokens ($36.6 million)Protocol Profit (past year)$3.41 millionThe protocol’s rising transaction activity has generated approximately $3.41 million in profits for the chain over the past year. This performance places Injective among the ten most profitable Layer 1 blockchains, according to CoinGecko. Notably, the majority of these profits are directed toward community buybacks and token burns, with more than 7.1 million INJ removed from circulation since 2021—equivalent to $36.6 million in value.
Mini dictionary: Injective is a decentralized Layer 1 blockchain designed for finance applications. It offers a range of DeFi services such as derivatives trading, spot trading, and tokenization, enabling developers to build a variety of decentralized apps within its ecosystem.
Protocol updates and integration effortsThe pace of development may influence whether the breakout pattern continues along its historical route. The introduction of native USDC, as well as the integration of Circle’s Cross-Chain Transfer Protocol (CCTP), could further boost settlement activity on the Cosmos network, which is the broader ecosystem within which Injective operates.
In April, Bitnomial exchange listed INJ futures, joining the growing array of exchange-traded products linked to the token. Additional exchange listings may follow, as some issuers have filed applications in recent months. For now, traders await stronger confirmation of the technical breakout.
Analysts continue to remind participants that, while technical and fundamental conditions appear constructive, price projections remain speculative. The cryptocurrency market is characterized by high volatility and rapid trend changes, warranting a cautious approach to forecasts.
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.
Ekonom Stephen Kirchner se po úmrtí Alana Greenspana stejně jako řada dalších postupně věnují práci tohoto centrálního bankéře (viz i včerejší Víkendář). Přesněji řečeno, Kirchner rozebírá některá témata a úvahy z Greenspanovy knihy Věk turbulencí. Ta totiž může mít v něčem přesah i do dneška. A v něčem zase ukazuje, jak velký obrat v některých oblastech postupně nastal. Příkladem jsou třeba vysoké rozpočtové deficity a vládní dluhy.
Podle ekonoma byla za Greenspana a jeho předchůdce Paula Volckera americká monetární politika úspěšnější než dříve v tom, jak dovedla „ukotvit dlouhodobou cenovou hladinu“. Greenspan a ostatní členové FOMC se přitom „nesnažili a ani nemohli usilovat o eliminaci hospodářského cyklu nebo cyklu u cen aktiv. Ty jsou běžnou součástí fungování ekonomiky a finančních trhů. Pokud někdo tvrdí opak, v podstatě volá po jakémsi centrálním plánování prostřednictvím měnové politiky. Plánování, které by nakonec bylo pravděpodobně mnohem více destabilizující než zaměření na dlouhodobou kontrolu inflace.“
Kirchner pokračuje s tím, že „velká část hodnoty Greenspanových pamětí vychází z jeho perspektivy celoživotního libertariánského republikána, který postoupil do vyšších pater tvorby americké hospodářské politiky.“ Jedním z problémů, kterým čelili tvůrci této politiky na konci 90. let a na začátku prvního desetiletí 21. století, bylo, co dělat s rostoucím přebytkem federálního rozpočtu, a tudíž s vyhlídkou na splacení veškerého dluhu federální vlády. Greenspan v této souvislosti citoval republikánského kongresmana Billa Archera. Ten tvrdil, že „kvůli rekordně vysokému zdanění se rozpočtový přebytek vymkl kontrole“.
Greenspan pak přemítal o tom, jak se američtí vládní úředníci stávají největšími světovými investory. Došel k poznání, že chronické přebytky by mohly být téměř stejně destabilizující jako chronické rozpočtové deficity. Recese v roce 2001 ale přinesla v oblasti vládního hospodaření obrat a dnes už USA „tomuto speciálnímu problému rozpočtových přebytků nečelí“. Kirchner jako Australan poukazuje i na to, že Greenspan považoval jeho zemi za „mikrokosmos Spojených států“. A na Austrálii se díval jako na hlavní ukazatel toho, co se bude dít i v USA.“ Zvláště pak Grenspana „uklidňovala schopnost Austrálie trvale vykazovat vysoké deficity běžného účtu“. I proto tvrdil, že tyto deficity „nemají žádný významný makroekonomický dopad.“
Greenspan také říkal, že „rostoucí dluh jde ruku v ruce s pokrokem“. Domníval se, že dluh bude téměř vždy růst v poměru k příjmům. Působí na něj totiž neustále rostoucí dělba práce a specializace úkolů, které zvyšují produktivitu a následně objem aktiv i pasiv v poměru k příjmům. Greenspan tedy tvrdil i to, že „rostoucí poměr dluhu k příjmu domácností není sám o sobě známkou rostoucího tlaku“. Stejně tak se domníval, že nerovnováhy běžného účtu přetrvávají, protože jsou přirozeným důsledkem zvýšené specializace a dělby práce.
Greenspan se zároveň zaměřoval na to, jak akumulace devizových rezerv ovlivňuje či spíše neovlivňuje dění na trzích. Podle jeho názoru je totiž jejich efekt vzhledem k hloubce a likviditě trhů s aktivy denominovanými v amerických dolarech zanedbatelný. Greenspan v této souvislosti uvádí příklad, kdy „japonské měnové orgány mezi létem 2003 a začátkem roku 2004 hromadily téměř 40 miliard dolarů devizových rezerv měsíčně, převážně v amerických státních dluhopisech.“ S tím v březnu 2004 náhle skončily, ale „přesto je obtížné najít významné projevy této náhlé změny“. Ať už v tehdejších cenách desetiletých amerických státních dluhopisů, nebo v kurzu dolaru vůči jenu.
Greenspan rovněž hovořil o tom, že do roku 2030 nastane konec přebytku globálních úspor a dezinflačního impulsu z globalizace pracovní síly. Pochyboval, že američtí politici budou mít odhodlání řešit fiskální výzvy spojené se stárnoucí populací a budou schopni „odolat budoucím inflačním tlakům“. Greenspan konkrétně předpovídal míru inflace 4,5 % a 8% výnosy z desetiletých amerických státních dluhopisů.
The Hedera network, an open enterprise-scale blockchain ecosystem, has recently experienced a notable security exploit. As a result, the Hedera network has lost a staggering $5.25M amount. As per the data from PeckShieldAlert, the exploiters have already bridged the stolen funds to Ethereum. Specifically, the attacker’s Ethereum wallet was first funded with just 1 $ETH from Tornado Cash, a popular crypto mixing service platform.
Attacker Bridges $5.25M to Ethereum after Hedera Exploit The Hedera network’s exploit has led to a huge loss, and the attacker has already bridged a notable $5.25M to Ethereum. In this respect, the exploiter utilized Tornado Cash to eliminate the trail of the stolen capital after shifting the funds to an Ethereum wallet. At the moment, the wallet reportedly holds approximately 2,360 $ETH.
Apart from that, the wallet also contains 15.58 $WBTC. Cumulatively, these holdings account for a total of $5.25M. The exploit has triggered apprehensions over blockchain security and the movements of assets across chains. The exploiter reportedly bridged the respective funds to Ethereum just following the exploit.
Hedera Yet to Disclose Exact Attack Vector This permitted the attacker to hold the stolen funds within the Ethereum network. Blockchain bridges allow the asset movement between diverse networks, but they can also enable the swift transactions of illegally obtained capital ahead of the start of recovery endeavors. As the exploiter used an Ethereum wallet, it provides the onlookers with clear on-chain records.
At the same time, blockchain analysts and researchers can also monitor the asset transfers in real time. Currently, Hedera has not revealed any extra technical details concerning the exploit, nor has it confirmed the exact attack vector. Overall, the market members will be keenly watching for future updates regarding the exploit from blockchain security entities and Hedera.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Capri's Turnaround Is Taking Shape, But Is the Stock a Buy Yet?Capri NYSE: CPRI executives said the company is entering a more focused phase after the sale of Versace, with management emphasizing growth plans for Michael Kors and Jimmy Choo, store renovations, tighter product assortments and a stronger balance sheet.
Speaking at Bernstein’s Retail Forum in New York, Capri Chief Executive Officer John Idol and Chief Financial Officer Tyler Reddien outlined the company’s efforts to reposition Michael Kors, expand Jimmy Choo and return the business to growth. The discussion was hosted by Bernstein analyst Aneesha Sherman.
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Tapestry Stock Drops After Strong Quarter and Raised OutlookIdol said Capri ended the year with “a little over $200 million in debt,” giving the company flexibility to invest in its remaining two brands. He said management believes Michael Kors can return to approximately $4 billion in revenue from an estimated $2.93 billion this year, while Jimmy Choo can grow to $800 million from roughly $600 million.
Michael Kors Repositioning Remains in Early Stages Idol said Capri decided to take a “more modern lens” to Michael Kors in an effort to attract younger consumers, including Gen Z and parts of the millennial cohort. The company has leaned into the “Jet Set” concept, which Idol described as a mindset tied to travel, style and aspiration.
After a Huge Rally, Is There Any Upside Left for Ralph Lauren Stock? The company has also shifted its marketing strategy through “hotel stories” campaigns, including Ibiza, Rome and Saint-Tropez, while increasing its use of social media. Idol said Michael Kors now has more than 400 influencers working with the brand.
On product, Idol said Michael Kors has narrowed its full-price focus around three handbag icons: Nolita, Hamilton and Laila. Those groups now represent about 50% to 60% of full-price sales, he said. The company has reduced SKUs, sharpened storytelling and introduced more accessories priced under $200 to appeal to younger shoppers.
Idol said Michael Kors had raised prices by 20% to 25% coming out of COVID, which contributed to lower sell-throughs and higher markdowns. The brand has since moved closer to its historical pricing in the full-price channel, which he said has improved full-price sell-throughs and average unit retails because the company is taking fewer markdowns.
“We’re still in the very early innings,” Idol said of the repositioning, adding that the full-price channel comped positive in the most recent quarter. He said wholesale, which had lagged full-price stores, also showed an “incredible lift” last quarter and is showing similar trends this quarter.
Outlet Business and Back-Half Growth Idol said the outlet business has been the weaker part of Michael Kors because it had not received enough new product innovation. New outlet product begins arriving more broadly in August, including three new icon groups, one of which, Sammy, has already landed and is “fast becoming the best-selling group inside the stores,” he said.
Capri has also reduced promotional activity and third-party sales as part of what Idol called “quality of sales initiatives.” He said the company walked away from about $150 million in sales tied to those initiatives, which management believes is better for the long-term health of the brand.
Reddien said unit growth is expected to decline in fiscal 2027 due to the quality-of-sales initiative, but he expects the company to return to unit growth in fiscal 2028 and beyond as new products resonate with customers.
Idol said the company expects growth in the back half of the fiscal year as the impact of quality-of-sales initiatives diminishes after being anniversaried in October and November. He also cited new product flow in handbags and footwear, higher marketing spend and social media initiatives as factors supporting the outlook.
Jimmy Choo Gains Momentum in Accessories Idol said Jimmy Choo is already back to growth and is seeing strong momentum, especially in accessories. He said accessories are growing at a double-digit rate and described the category as “the hottest part of Jimmy Choo right now.”
The brand is selling products across a broad price architecture, including $5,000 Bonbon bags, the Cinch group priced between $2,000 and $2,500, and newer Bar and Curve groups priced under $1,500. Idol said the broader range has helped as luxury consumers become more selective.
Jimmy Choo is also expanding beyond its traditional image as a red carpet, wedding and special-occasion brand. Idol pointed to casual footwear, sneakers, jellies, loafers, kitten heels and block heels as areas that are resonating with younger consumers. He said casual footwear now accounts for more than 20% of Jimmy Choo’s business, with room to grow.
Reddien said Capri expects Jimmy Choo to return to profitability in fiscal 2027 and sees opportunities to expand margins through top-line growth, store productivity, gross margin improvement and SG&A leverage. He noted that about 50% of Jimmy Choo production is done in-house, creating opportunities to improve factory efficiency.
Margins, Stores and Capital Allocation Reddien said gross margin expansion remains the largest opportunity for Michael Kors, driven by new products, higher full-price sell-throughs and higher average unit retails. He also cited production efficiencies, product engineering, improved store productivity and SG&A optimization as contributors to margin improvement.
Management also emphasized store renovations. Idol said the renovated Michael Kors store at Rockefeller Center is up almost 30% in sales. At Jimmy Choo, he said the renovated Madison Avenue store increased from $2.5 million to almost $6 million in trend over about 18 months.
Reddien said Capri’s capital allocation priorities are to invest in the business and return value to shareholders. The company has announced a $1 billion share repurchase program, with a significant portion expected to be completed this fiscal year. Idol added that Capri plans to spend $300 million, with most of that directed toward renovating the Michael Kors fleet, along with investments in IT and other areas.
Consumer Outlook Mixed by Region Idol described consumers as “choiceful,” saying shoppers across income levels are being more thoughtful but are still buying when products offer design, quality and value. He said the North American consumer remains relatively healthy, despite pressures from higher costs for fuel, groceries and rent.
In Europe, Idol said Capri has become more cautious over the past 90 days, citing war-related effects on tourism and reduced Middle East tourist traffic. He said the company has substantial business with Middle East tourists at both Michael Kors and Jimmy Choo. Idol was more optimistic about China, where he said the consumer is beginning to improve, and said Japan has remained solid.
Looking ahead, Idol said Capri is at “the beginning of an inflection” for Michael Kors, though the turnaround will take time. He also said Jimmy Choo has the potential to reach $800 million in revenue, with $100 million of that growth expected to come from accessories.
About Capri NYSE: CPRICapri Holdings Limited NYSE: CPRI is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company's principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand's distinct heritage and aesthetic vision.
Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Space Exploration Technologies (SPCX 4.51%) pulled off the largest IPO in history last month, opening at $150 per share and ending the day at $161, with a market value of $2.1 trillion. The stock has been highly volatile since then, rising to a high of about $225 before eventually declining below its opening price. SpaceX's shares are currently worth $145 apiece. Should investors buy the stock at current levels?
When expectations meet reality IPOs tend to generate significant enthusiasm because they offer the opportunity to invest in promising companies early. Imagine buying shares of Amazon (AMZN 0.73%) on the day it went public. Even a relatively modest investment in the e-commerce leader then would be worth a small fortune today. Not every company is Amazon, but SpaceX could deliver similar -- or even better -- returns over the long run, provided the corporation's ambitious vision materializes.
Image source: the Motley Fool.
SpaceX is looking to revolutionize and commoditize space travel through its pioneering work with reusable rockets. The company's next-gen rocket, Starship, is fully reusable and has a much greater capacity than its previous ones. This could unlock several opportunities for SpaceX, including space tourism, as Starship significantly reduces the cost of space travel. SpaceX could also substantially improve its most important business, Starlink, which offers internet connectivity through Low Earth Orbit satellites. Starlink was SpaceX's only profitable segment last year, and the company recently requested regulatory approval to send 100,000 of its Gen3 Starlink satellites into orbit.
Considering the company has just over 10,000 satellites in orbit right now -- and the fact that it is looking to operate these new satellites in very low Earth orbit -- this could improve Starlink's internet speeds and potentially allow it to target customers outside of those in rural and other underserved areas it has focused on so far. Clearly, there is a large opportunity ahead for SpaceX, and we haven't even mentioned the company's artificial intelligence opportunity, which it sees as its largest addressable market across its entire business.
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Despite all that, there are reasons to be skeptical of SpaceX's prospects. For one, SpaceX is spending significant sums to make its ambitions a reality. That means the company may not turn a profit anytime soon, which is fine, provided it can pull off its vision. But there will be significant challenges, including growing competition in the space industry and risks to the company's ability to innovate, execute, and remain the leading company in the space sector.
Factors such as regulatory delays related to Starship -- which is central to its future -- and slower-than-expected development timelines may sink the stock. Further, SpaceX will also face increased competition in its Starlink business. These are just some of the problems it may encounter. In the meantime, SpaceX is the only $2 trillion (or more) company that isn't consistently profitable, which suggests its valuation already reflects significant success. For all those reasons, the stock still isn't a buy, even below its opening price. Perhaps once it falls much further, its shares will become attractive.
Over the past decade, Tesla (TSLA +0.22%) and Meta Platforms (META +6.16%) have delivered market-beating returns. But some may argue that there is little upside left for either stock. Tesla and Meta have underperformed broader equities this year, and as they invest heavily in artificial intelligence (AI), we may see their margins compressing, leading to even worse stock market performances, or so the argument goes. However, despite this potential problem, there are good reasons to think Tesla and Meta Platforms have significant long-term upside. Read on to find out more.
Image source: The Motley Fool.
1. Tesla Tesla is a somewhat risky stock. The company's core electric vehicle (EV) business is facing more competition in the U.S., with Rivian recently launching an alternative to its best-selling Model Y. China-based automakers are also making significant strides abroad. Meanwhile, Tesla is trading at 178.6x forward earnings. The stock could contract over the next few years if it fails to make progress where it matters most. And the market is no longer primarily focused on Tesla's EV segment. Instead, investors and analysts are paying close attention to the company's robotaxi service that could transform its business.
A successful robotaxi operation would increase high-margin revenue from ride-fee charges. These could be fairly substantial across the company's entire fleet. Instead of sitting idle for most of the day, Tesla's EVs could be active for significant portions of a 24-hour period and would only need "rest" when charging, for maintenance purposes, or while waiting for customers to order rides. At scale, we could be talking about hundreds of thousands, or perhaps even millions of rides per day. Given this potential opportunity, it's not surprising that many investors are excited about Tesla's future. The company's shares recently jumped after it announced it would launch robotaxis in Miami.
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But there is even more to Tesla's business. The EV maker is also working on the next-gen version of its humanoid robot, Optimus 3. Dominating this market could be yet another massive opportunity for Tesla, as humanoid robots capable of performing many tasks as well as humans could see significant demand from individual consumers and especially corporations looking to replace some of their workforce. Tesla will certainly add high-margin revenue streams to its robots, including remote software updates, subscriptions, and premium capabilities.
Tesla's shares could soar over the next decade if its robotaxi and humanoid robotics ambitions materialize. However, there is plenty of downside risk as well, including the possibility that the company fails to gain a foothold in the robotaxi industry due to competition or regulatory setbacks, among other risks. It's important to keep that in mind and invest accordingly.
2. Meta Platforms Meta Platforms' advertising business is performing well. It has even improved in recent quarters thanks to artificial intelligence (AI). The company's short-form video platforms on Facebook and Instagram, coupled with AI-powered algorithms that keep users glued to their screens, have helped boost engagement across its websites and apps, leading to higher ad demand. In the first quarter, the company's revenue increased by 33% year over year to $56.3 billion. Its earnings per share came in at $10.44, 62% higher than the year-ago period.
So, although many fear that Meta Platforms' AI-related spending won't pay off, it is already doing so. And there is more where that came from. According to reports, the social media giant is exploring launching a cloud computing business. The company could sell excess AI computing capacity to other corporations. This could be a game changer for Meta Platforms. Several companies are seeing strong success within this niche, and it should expand significantly over the medium term, along with AI infrastructure spending.
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Meanwhile, Meta Platforms has significant strengths that could drive improved financial results. The company ended the first quarter with 3.56 billion daily active users. This vast ecosystem can enable the company to successfully launch new monetization opportunities, as it has in the past. Meta's Threads, a competitor to X (formerly Twitter), has grown rapidly and is on track to become the leader in its category, according to management. Meta Platforms' WhatsApp paid messaging and subscription services still make up a tiny portion of its revenue, but they are growing at a good clip.
Meta's robust core business and strong competitive advantage from its brand name and network effects make the stock attractive, and the company's growth path beyond advertising could transform the business and send its share price soaring.
The DRAM - Roundhill Memory ETF (DRAM 2.05%), the first-ever exchange-traded fund (ETF) dedicated to memory stocks, came out of the gate strong, with the fund tripling from its $27 opening price when it debuted on April 2. However, more recently, the fund has pulled back, along with memory stocks, and is down more than 20% from its highs as of this writing.
With the fund well off its highs, is now the time to buy the ETF?
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A concentrated bet on memory stocks The DRAM - Roundhill Memory ETF is not your typical diversified fund, nor even a sector-specific fund. It's a highly focused play on the memory market, especially DRAM (dynamic random access memory) and, to a lesser extent, NAND (flash) memory. Nearly 75% of the ETF's holdings are concentrated in the big three DRAM makers: Micron (MU 1.05%), Samsung, and SK Hynix. The weightings of the three are currently pretty evenly spread out, with Micron the highest at 25.8% and SK Hynix the lowest at 23.7%.
All three DRAM makers are basically riding the same tailwinds. DRAM prices have soared as demand for high-bandwidth memory (HBM), a special form of DRAM, has taken off. HBM is packaged with graphics processing units (GPUs) and other AI chips to help optimize their performance. This demand is increasing even more with the rise of AI inference, which tends to be more memory-bound than compute-constrained. With inference expected to become the larger market than training, demand for HBM is expected to remain strong.
At the same time, HBM takes upwards of three times the wafer capacity of ordinary DRAM, which is helping exacerbate the current supply shortage. With the big three memory makers focused on higher-margin HBM, this has led all DRAM prices to skyrocket due to the current supply-demand imbalances.
The result is that all three companies have seen both their revenues surge and gross margins balloon. This isn't expected to let up soon, with SK Hynix CEO Kwak Noh-jung recently saying he expects the worst-ever DRAM supply shortage next year. He has predicted the market will remain supply-constrained beyond 2030.
Image source: Getty Images.
This is a typically highly cyclical business, and the big three DRAM makers have also all been locking in longer-term contracts for the first time. This should help reduce some of the cyclicality of the business, and could help the stocks attain higher multiples.
The DRAM ETF is a great way to play the memory market, giving you exposure to not only the big three DRAM players but also NAND companies like Sandisk and Japanese company Kioxia, which are both looking to develop high-bandwidth flash (HBF). Notably, the ETF will sometimes use leverage and total return swaps, but this is largely done for tax purposes and as a way to quickly gain exposure to a stock. Roundhill offers a distinct leveraged version of the ETF, the Roundhill T-REX 2X Long DRAM Daily Target ETF, but I generally don't recommend leveraged ETFs.
All in all, this is an ETF I'd treat more as an individual stock, and I think it is a nice way to play the current DRAM supercycle, which looks like it could have some legs over the next several years.
The first important range is $4382.62 to $3942.10. Its retracement zone at $4162.36 to $4214.34 is resistance. It stopped a rally on July 6 at $4202.71. Taking out this swing top will change the main trend to up.
The second range on my radar is $3942.10 to $4202.71. Its retracement zone at $4072.40 to $4041.65 was tested successfully last week although the market dipped to $4021.81 before rebounding to $4138.06.
Bearish traders are going to try to press prices through $4041.65, in an effort to pull-away from the $4202.71 swing top, aiming for a retest of $3942.10 and beyond.
Bullish traders are trying to create a secondary higher bottom at $4021.81, which is the normal precursor to a potential change in trend. To put it another way, $3942.10 to $4202.71, the first rally, was short-covering. The second rally is usually a combination of new buyers and lingering shorts. Counter-trend buyers are also trying to create the upside momentum needed to take out $4202.71, and change the main trend to up.
That’s our early focus for next week, resume the downtrend under $4021.81 or change the trend over $4202.71.
Until the market changes the trend to up, we’re not too concerned about the moving averages although they are trending lower.
Key Points:Rising producer prices, import costs and bond yields keep another BOJ rate hike in focus.USDJPY remains bullish above 160.30, with a break above 163.70 opening the door toward 175.GBPJPY may target 220, while EURJPY could extend toward 190.50 if key support levels hold.
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The interest rate outlook for Japan remains uncertain as inflationary pressure continues to build. The producer prices are rising, import costs remain high and government bond yields have moved to multi-decade highs. These trends support the case for another Bank of Japan (BOJ) rate hike later this year. But the BOJ may still wait for stronger wage growth and increase in consumer inflation. This leaves the yen sensitive to policy signals, while USDJPY, GBPJPY and EURJPY remain technically strong.
BOJ Rate Hike Outlook Strengthens as Japan Inflation Rises Japan’s producer price index (PPI) increased by 7.1% YoY in June. This beat the market expectation of 6.8% and exceeded the upwardly revised 6.6% gain in May. The increase indicates that businesses are passing their increased input costs to customers faster than in the past. The trend could increase the consumer inflation and lead the BOJ to tighten again.
According to the data, the fuel prices increased by 22.8% while non-ferrous metal prices jumped by 39.2%. Energy prices were pushed up by the Middle East conflict while the AI material demand has lifted the metal prices. These pressures may remain high if tensions continue and supply conditions remain tight. This suggests that the BOJ may hike the interest rate in October.
A low yen is putting on a new layer of inflation. The import prices continued to rise as weak yen and higher energy costs raised the cost of imported goods. The chart below shows that Japan’s imports increased 12.5% to JPY 9,890.2 billion in May 2026. Now the BOJ must decide whether the higher import prices will spread into wages and consumer prices or remain at the wholesale level.
Japan Bond Yields Hit Multi-Decade Highs on Inflation Fears Japanese government bond yields are also pointing toward a higher interest rate environment. The 10-year JGB bond yield rose to a 2.90%, the highest rate since September 1996. It rose during nine consecutive sessions since 26 June, in response to rising oil prices, higher inflation and concerns about Japan’s fiscal health.
The strong drop in yields on Friday does not change the bullish trend. Rising yields suggest that the bond investors want greater compensation for the long term inflation risks.
The long term bond yields have increased with bigger momentum. The 20-year yield rose to 3.89%, while the 30-year yield reached 4.03%. The 40-year yield advanced to 4.055%. These moves indicate that investors are worried about the big government spending plans and that the policy may stay too loose and inflation will continue to rise.
But the shorter end of the yield curve is sending a more cautious signal. The 2-year yield reached to 1.445% and the 5-year yield reached to 1.99%. The yield gap between the 10-year and 2-year yields has increased significantly as seen in the chart below.
The steepening reflects a greater sense of inflation risk in the long end, and less confidence that the BOJ will hike soon. This suggests that BOJ may wait for stronger consumer prices and wages to increase its policy rate from 1% to 1.25%.
USDJPY Forecast: BOJ Rate Hike Risk Challenges Dollar Strength US–Japan Yield Gap Narrows as Japanese Yields Rise The interest rate outlook creates mixed environment for USDJPY. The yen should find support with higher Japanese yields and the prospect of another BOJ rate hike. A more hawkish BOJ could reduce the yield gap between Japan and the U.S. This would detract from any yen funded carry trades and may potentially lead to a lower USDJPY.
The chart below shows that the Japanese yields have increased much faster since 2022. But the U.S. yields have remained relatively high. As a result, the yield gap between the two countries has narrowed. This trend reduces the interest rate advantage of holding dollars over the yen. This may provide support for the Japanese currency. But the U.S. yields remain higher so the dollar still retains an important yield advantage.
But the low yen value still plays a crucial role in Japan’s inflation issues. As energy import prices go up, the demand for foreign currencies and the pressure on the yen increase. This might keep USDJPY high until the BOJ gives more clear indication of what it will do next. Any delay of the next rate hike would be positive for USDJPY while guidance of an October increase could trigger an import yen recovery.
USDJPY Break Above 163.70 Opens the Door to 175 From technical perspective, USDJPY is consolidating at the pivotal area of 160 to 162. The price is compressing within this region before an upside breakout. A break above this zone would likely open the door for strong surge in USDJPY toward the 175 target. This target is defined by the ascending channel pattern that extends from the 2023 lows.
The consolidation around this important region is also visible on the short term 4-hour chart. It shows that the pair is now consolidating between 160.30 and 163.70. The range is widening and prices are compressing within an ascending broadening wedge pattern. A break above 163.70 would indicate a stronger rally in USDJPY toward 166. But 160.30 remains strong support in the short term. Any correction is considered a buying opportunity for traders to push the pair higher.
GBPJPY Forecast: 218 Breakout Opens the Door to 220 Higher Japan rate expectations may also put pressure on GBPJPY. The very large interest rate differential between the United Kingdom and Japan has been good for the pound. But this advantage may weaken if the BOJ hikes the rates again to 1.25%. The higher Japanese bond yields could encourage investors to reduce carry trades and move capital back to yen.
But the pair may still be supported if Bank of England maintains higher rates or takes a conservative approach to rate cuts. Thus, GBPJPY will be reliant on both central banks’ relative directionality. The most bearish risk would be a hawkish BOJ and a softer Bank of England outlook.
GBPJPY also shows strong positive price action. This positive price action is reflected in the formation of inverted head and shoulders pattern from January 2026 to April 2026.
This bullish consolidation pattern broke higher in April 2026. After the breakout, the pair continued to rally on the strength of the pound and the weakness of the Japanese yen. The pair has already broken 216.30 and is now dropping back toward support to attract buyers. The 215.60 to 216.30 area remains strong support. A break above the 218 level would likely push the pair to further highs.
EURJPY Forecast: Bullish Trend Targets 190.50 Eurozone rate expectations are not that aggressive. Therefore, EURJPY could be more responsive to BOJ communication. If the European Central Bank pivots towards easier policy ahead of the BOJ’s next rate increase, the interest rate spread between Europe and Japan will narrow. This would provide support for the yen and increase the risk of a drop in EURJPY.
The outlook also depends on the global risk sentiments. The escalation in the conflict in the Middle East would drive up energy costs for Japan and Europe. But imported fuel needs could exert pressure on the yen in the near term for Japan. The EURJPY could hold steady ahead of the BOJ. But a clear sign that the bank will hike rates in October or at year’s end could generate a deeper pullback.
EURJPY also remains strong and is consolidating within rising trend lines. The immediate support remains at 183.50. The pair is also supported by the 200-day SMA at 182.80. If EURJPY continues higher, the immediate target remains 190.50. As long as the 180 level holds in EURJPY, the next move in the pair will likely be higher. The 50-day and 200-day SMAs are rising which indicates that any correction may attract new buyers.
Final Words The interest rate outlook in Japan remains tilted towards further tightening. The producer prices are high, import costs are increasing and bond yields are rising. These factors suggest another BOJ rate hike. But the central bank might still wait for the clear signals from wages and consumer inflation. A rate hike from 1% to 1.25% could be on the cards later this year if energy prices remain elevated and the yen remains weak.
If BOJ hints at a rate hike in October or at the end of the year, the yen could get some support. But the technical picture of USDJPY, GBPJPY and EURJPY remains bullish. A break above 163.70 in USDJPY would open the door for a rally to 175. GBPJPY might push higher towards 220 and EURJPY could head to 190.50.
Read more: Weak Jobs Data Hits Fed Hike Odds as Dollar Tests Support
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U.S. Dollar Pulls Back As Traders Focus On Potential De-Escalation In The Middle East: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPYCurrencies Forecast: Interest Rate Differentials Drive US Dollar ResilienceWith Dropping Rates, Will We See Risk Appetite Return?About the Author
Muhammad Umair is a finance MBA and engineering PhD. As a seasoned financial analyst specializing in currencies and precious metals, he combines his multidisciplinary academic background to deliver a data-driven, contrarian perspective. As founder of Gold Predictors, he leads a team providing advanced market analytics, quantitative research, and refined precious metals trading strategies.
Gate recorded $207 million in weekly net outflows as scrutiny grew over a reported $1.7 million theft. Bitrace traced 49.96 ETH, 746,475 HSK, and 1.565 million USDT withdrawn from the compromised account. Gate denied a system-wide breach, saying the security change request passed identity and review checks. Investigators linked the fund trail to Newpay, while recovery depends on police and third-party cooperation. Gate recorded about $207 million in net outflows over seven days as scrutiny increased over an alleged $1.7 million theft from a customer account. A July 11 Wu Blockchain snapshot placed the exchange second among centralized platforms for weekly outflows.
DeFiLlama: Gate Sees $207 Million Net Outflows in 7 Days After User Theft Incident
According to DeFiLlama data, Gate recorded $207 million in net outflows over the past 7 days amid fallout from a user theft incident, ranking second among CEXs by outflows. Binance led CEX inflows… pic.twitter.com/lTUdEd6ick
— Wu Blockchain (@WuBlockchain) July 11, 2026
Meanwhile, Binance led inflows with approximately $308 million. Considering that DeFiLlama uses a rolling window, its dashboard later showed Gate’s seven-day outflow widening to about $251 million. The platform tracked nearly $3.98 billion in assets.
The dispute began after @jheioff said an identity-verified account was taken over and emptied without authorization. Bitrace later reported withdrawals of 49.96 ETH, 746,475 HSK and 1.565 million USDT, valuing the combined loss near $1.7 million.
Gate Details Identity Checks Behind Security Change Request Account security settings reportedly changed between July 4 and July 6, after which five withdrawals were completed on July 7. The customer then discovered the missing funds on July 8 and promptly reported the incident.
Consequently, the timeline placed the exchange’s identity checks and account-recovery procedures under closer scrutiny. Gate, however, denied that the incident resulted from a platform-wide breach and released further details about the security change request.
According to the company, the applicant provided accurate identity information, historical trading records and an Alipay transaction recording. Gate also said the applicant’s IP address originated from the same region as the account’s recent activity.
In addition, the exchange said it sent email and SMS alerts when the application was submitted. The request subsequently underwent a two-day review period, followed by a 24-hour withdrawal restriction.
Gate said it received no objection during either window, although the customer later challenged the legitimacy of the process. Nevertheless, the exchange apologized for its initial public response, acknowledging that its tone failed to prioritize the customer’s concerns.
Following the criticism, Gate formed a task force involving its security, compliance, legal and business teams. At the same time, the company assisted with police documentation and began continuously monitoring the withdrawn assets on-chain.
Bitrace Traces Withdrawn Assets Through Newpay-Linked Wallet Bitrace said the assets were divided across several transactions before converging at an address associated with Newpay, a non-KYC payment service. The service is linked to the Xinbi ecosystem, giving investigators a possible destination for examination.
However, the analysis does not establish how the account was compromised or identify who controlled the receiving wallets. Gate said it contacted Tether and exchanges receiving the assets, seeking cooperation to freeze funds reaching identifiable platforms.
Nevertheless, recovery will depend on law enforcement action, judicial coordination and assistance from third-party services. The exchange-flow figures also require caution as DeFiLlama removes token-price movements when calculating changes in tracked balances.
Therefore, outflows may include customer transfers, internal wallet reorganizations or regulatory migrations rather than withdrawals linked to one incident. Binance’s positive weekly reading followed heavy monthly outflows around Europe’s July 1 MiCA deadline.
Meanwhile, Bybit progressively restricted its global platform for European Economic Area residents. Even with those factors, Gate’s seven-day outflow showed customer movement during increased attention around account security and withdrawal controls.
However, the data does not prove a solvency problem. Instead, it records a decline in tracked assets while the theft investigation and recovery efforts continue.
AI demand drives South Korean chip giant Samsung to accelerate production expansion, as its Yongin wafer fab plans to start mass production two years ahead of schedule.
Samsung Electronics plans to bring forward the mass production timeline of the first wafer fab at its Yongin semiconductor cluster in South Korea by two years, targeting to start operations in October 2029. Separately, SK Hynix is considering building new production facilities in the U.S., as AI demand drives South Korean semiconductor firms to accelerate expansion plans. Samsung originally planned to construct a total of six wafer fabs at the Yongin National Industrial Park, with the first unit scheduled to launch operations in 2031. Now, the South Korean government and Samsung have reached a consensus to advance the timeline to October 2029. The government will speed up the construction of key infrastructure including land development, power supply, and water resources to support the project’s early progress. For SK Hynix, following its successful listing on the NASDAQ on July 10, the company is weighing plans to build a new production base in the U.S. According to reports, SK Hynix has been studying the establishment of a semiconductor production hub in the U.S.—a region with a concentrated AI industry ecosystem—since the start of this year. Global storage chip leaders including Samsung Electronics and SK Hynix are ramping up production capacity to ease the chip supply crunch spurred by the AI sector. The South Korean government is also pushing for the development of new semiconductor industrial parks, and plans to accelerate project delivery by simplifying environmental assessments and optimizing approval processes. Industry insiders noted that while market concerns linger over a peak in the semiconductor cycle, current demand for chip production capacity remains robust. To compete for industrial dominance in the AI era, expanding semiconductor manufacturing capacity has become a key priority.
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Analyst: US and Iran refuse to back down, Strait of Hormuz could become a "long-term powder keg"
Ian Ralby, senior research fellow at the Maritime Strategic Center and president of Auxilium Worldwide, warned that the war between the U.S. and Iran over the Strait of Hormuz cannot be resolved via military means, adding that ongoing fighting will only drive up global fuel and food costs. One side has the willingness to continue fighting, while the other is intent on further undermining and weakening its opponent’s capabilities. This in itself is the formula for the conflict to persist. Unfortunately, this could mean long-term problems for the Strait of Hormuz as a navigable waterway. Parties affected by the conflict may push for the resumption of diplomatic processes between the U.S. and Iran, but changing this dynamic will be difficult, as both sides are volatile and hold deeply entrenched interests tied to success and victory. Unfortunately, the U.S. has a very flexible definition of victory; for Iran, meanwhile, there is now a very clear desire to exact some form of retaliation for all that has occurred, a mindset that fuels prolonged violent conflict. (Jin10)
19 minutes ago
Eric Trump: ETH is surging strongly, and cryptocurrency is the future.
Eric Trump, the second son of Donald Trump, posted on X: "ETH is surging strongly! Glad to see this! Cryptocurrency is the future."
19 minutes ago
An address linked to suspected hackers spent $11.59 million to purchase 6,358 ETH.
According to monitoring by Onchain Lens, two on-chain addresses suspected to belong to the same entity purchased 6,358 ETH for approximately 11.59 million DAI, at an average transaction price of around $1,823. Onchain Lens stated that the relevant funds may belong to hackers, and the involved addresses are 0x18B44C68eA2Cd6B1E59731af8e49E62e90E92E66 and 0x5657de5CeBC75eca6B97a99A864a3ef07ed11e55.
19 minutes ago
Crypto Debit Card Test: Ether.fi Boasts Lowest Overall Cost, Plasma and Backpack Rank Second and Third Respectively
Crypto KOL Nikita disclosed that he tested the same €9.69 transaction across six crypto debit cards in Europe: Ether.fi, Plasma, Backpack, Lava, Jup Mobile, and KAST. After accounting for exchange rates, fees, and cashback, Ether.fi ranked first with an actual cost of $10.72, Plasma came second at $10.93, and Backpack placed third at $11.07. The test found that actual transaction costs varied by roughly 5% across the cards, driven mainly by foreign exchange spreads, fees, and cashback mechanisms. Ether.fi claimed the top spot for the second consecutive test thanks to its competitive exchange rates and on-chain cashback; Plasma, while its exchange rate lagged behind some newer offerings, held onto second place via its 3% cashback. KAST, due to unfavorable exchange rates and extra fees, was the most costly product in the test for the second straight time.
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World Cup semi-finalists confirmed: France temporarily tops the championship favorites with a 39% win probability.
With all four semi-finalists of the 2026 US-Canada-Mexico World Cup confirmed, prediction market platform Predict.fun has updated its latest World Cup winner market accordingly. As of press time, the market assigns Argentina a roughly 20% chance to lift the FIFA World Cup trophy, France 39%, Spain 19%, and England 20%, with traders overall favoring France to win the tournament. The four semi-finalists are Argentina, France, Spain, and England, all traditional powerhouses in global football. Argentina and France are expected to maintain their strong form from the past two World Cups, Spain advanced to the last four behind a young squad, while England returned to the semi-finals led by key players including Harry Kane and Jude Bellingham. As the tournament enters the semi-final stage, trading activity in the prediction market for the champion continues to surge, and each team’s championship odds will adjust in real time as matches unfold.
Sui, a Layer 1 blockchain developed by Mysten Labs and known for its scalability features, is gaining momentum as new data from its AI-powered network test reveals record-breaking transaction processing speeds. The SUI token, the native asset of the network, is trading at $0.7464 with a 24-hour volume of $157.76 million, pushing its market capitalization to $3.02 billion. After climbing 1.34% in the last 24 hours, analysts are watching closely for a potential bullish breakout.
SUI price approaches resistance, eyes breakout targetAs SUI steadily recovers from previous dips, crypto analyst Michaël van de Poppe observed that the coin maintains a bullish momentum. He noted that sustained buying activity and increasing trading volumes reflect growing investor confidence in the blockchain’s future. If SUI surpasses the pivotal $0.82 resistance level, analysts believe the price could retest the $1 mark, with $1.20 identified as a further upside target.
Sustained accumulation and a surge in trading activity could pave the way for SUI to break above $0.82 and initiate a new uptrend, potentially pushing the price to $1 and higher resistance levels at $1.20.
Key resistance points remain at $0.82, $1.00, and $1.20, historically significant marks from previous rallies. Market sentiment and overall strength in assets like BTC are contributing to renewed optimism.
Investors and traders are closely following SUI price action, looking for technical confirmation of a breakout that could establish a new bullish trend.
Price LevelStatusSignificance$0.82ResistanceBreakout trigger$1.00ResistancePsychological mark$1.20ResistancePrevious rally peakAI-powered Sui network test sets TPS recordSui recently completed a high-profile experiment using its Tunnels AI agent, aiming to showcase the network’s scalability under AI-driven workloads. The initial target for the test was 1 million transactions per second (TPS), a figure that would already place Sui at the top tier among blockchains. However, the AI agent achieved 6,086,766 TPS in the test environment, demonstrating the network’s capability to handle unprecedented throughput levels.
These results highlight Sui’s aim to support large-scale, high-performance Web3 applications that leverage artificial intelligence. The test was conducted off-mainnet, but developers view it as a major step toward bringing advanced AI and agentic operations to decentralized networks. The platform’s commitment to integrating artificial intelligence is seen as a driver for both price and technological growth.
Mini dictionary: Tunnels AI agent — An artificial intelligence-driven module developed for Sui to automate and maximize blockchain throughput by orchestrating high-frequency transaction processing. AI agents like this serve as a proof of concept for advanced smart contract and infrastructure automation within Web3 ecosystems.
Outlook: Adoption, upgrades, and key levelsBeyond technical performance, Sui continues to work on implementing AI enhancements across its network. The blockchain’s ability to achieve high TPS figures and support complex, AI-driven applications may attract further attention from developers and investors.
The next moves for SUI depend on a successful breach of the $0.82 resistance. If achieved, traders might expect moves toward $1.00 and $1.20. The broader market trend, especially upward momentum in BTC, could also play an important role in the asset’s trajectory.
Investors will monitor ongoing network developments, trading dynamics, and sentiment shifts as they assess the prospects for continued bullish price action.
Network scalability and AI integration will be crucial drivers for SUI’s appeal among both developers and financial markets, making the project a focal point in ongoing blockchain innovation discussions.
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.
New York, New York--(Newsfile Corp. - July 11, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of purchasers of securities of Hub Group, Inc. (NASDAQ: HUBG) between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"), of the important August 28, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Hub Group 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 Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 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 false and/or misleading statements and/or failed to disclose that Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements-caused by the premature and incorrect recognition of certain transactions-concerning, inter alia, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. In addition, Hub Group's financial statements prepared for the periods from Q1 2025 to Q3 2025 contained material misstatements-caused by the understatement of purchased transportation costs and accounts payable -concerning, inter alia, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304815
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Buying shares of excellent companies that have fallen out of favor is a great way to earn superior returns over the long run. However, investors should be careful not to catch a falling knife. Corporations often fail to keep up with broader equities for good reasons, and in many cases, it's not worth investing in market laggards, even on the dip. With that as a backdrop, let's consider two stocks that have moved in the wrong direction this year but remain unattractive at their current levels: Recursion Pharmaceuticals (RXRX 5.32%) and Sarepta Therapeutics (SRPT 7.65%).
Image source: Getty Images.
1. Recursion Pharmaceuticals Recursion Pharmaceuticals is a drugmaker that relies on artificial intelligence (AI) to go from discovery to the market. The company is betting that its approach can succeed where other breakthroughs have failed: Even with significant technological progress over the past few decades, the cost and time required to develop drugs have increased. Recursion Pharmaceuticals uses an AI-powered algorithm to predict which candidates are the most likely to perform well in clinical trials and, eventually, earn approval.
To its credit, the company has several promising products in its pipeline. For instance, Recursion Pharmaceuticals' REC-4881 is an investigational medicine for familial adenomatous polyposis (FAP), a rare disorder that leads to the development of precancerous polyps in the colon and rectum, giving patients a very high risk of colorectal cancer if left untreated. REC-4881 has demonstrated encouraging reductions in precancerous polyp burden in early clinical studies.
Given that the U.S. Food and Drug Administration has never approved any medicine for FAP, REC-4881 could present an attractive commercial opportunity if it proves effective in late-stage clinical trials.
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That said, there are several problems with Recursion Pharmaceuticals, one of which is that it has no products on the market, and none even in late-stage studies. For a company that claims to be bringing about a paradigm shift in the industry, we'd expect greater success. Perhaps it just hasn't had time yet, but Recursion Pharmaceuticals was founded in 2013. Second, although Recursion Pharmaceuticals may have hoped to build a competitive advantage through its focus on AI -- and eventually license its AI-powered operating system for drug discovery -- other corporations are making strides in this field.
Third, like every biotech company, it runs the risk of clinical or regulatory setbacks that could sink its share price. Those are some of the reasons Recursion Pharmaceuticals' stock has moved in the wrong direction and may continue doing so. It's not an attractive company for most investors, though contrarians with a strong tolerance for volatility may consider initiating a small position.
2. Sarepta Therapeutics Last year, Sarepta Therapeutics faced significant challenges. Two patients taking the company's Elevidys, a medicine for a rare, progressive, neuromuscular disease called Duchenne muscular dystrophy (DMD), unfortunately died after developing acute liver failure (ALF). Sarepta Therapeutics was able to keep Elevidys on the market, but only for ambulatory DMD patients -- it is no longer indicated for non-ambulatory patients. Further, it now includes a boxed warning for acute liver injury (ALI) and ALF.
In fairness, Sarepta Therapeutics has made progress in overcoming these obstacles. The company is testing whether administering sirolimus (an immunosuppressant) before and after Elevidys infusion can help reduce the risk of ALF and ALI in non-ambulatory patients.
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Elsewhere, the company has requested full approval for two of its other DMD medicines, Amondys 45 and Vyondys 53. Both were previously under accelerated approval, meaning they had to undergo confirmatory studies to confirm efficacy. Sarepta Therapeutics is also developing newer medicines for a range of other diseases. Solid clinical progress might jolt the stock.
However, there remain significant risks. Even with clinical progress with newer candidates and full approval for Amondys 45 and Vyondys 53, Elevidys remains central to Sarepta's prospects because it addresses the underlying genetic causes of DMD. If the company fails to show that giving patients sirolimus can mitigate Elevidys' adverse events, the stock will fall off a cliff. Even if it can prove that non-ambulatory patients have a lower risk of ALI and ALF when they also receive sirolimus, it will be hard for Sarepta Therapeutics to protect its market share as new DMD medicines gain approval.
That's why it's difficult for long-term investors to justify investing in the company, especially given the many attractive biotech stocks on the market.
NEW YORK, July 10, 2026 (GLOBE NEWSWIRE) -- Concentrix (NASDAQ: CNXC) shares opened down more than 20% on June 30, 2026 after the company reported Q2 2026 earnings and revenue below expectations and slashed its full-year 2026 guidance. Investors who lost money on Concentrix are encouraged to submit their information now. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
The sell-off followed a quarterly earnings report filed June 29, 2026 in which Concentrix cut FY 2026 revenue guidance from a 10.11 billion midpoint to 9.93-10.03 billion and reduced non-GAAP EPS guidance from11.48-12.07 to10.83-$11.18. The company cited off-shoring headwinds of approximately 300 basis points alongside some customers reallocating their spending distribution.
Levi & Korsinsky is investigating whether Concentrix made materially misleading statements prior to the June 29 disclosure. On January 13, 2026, Concentrix had initially provided the guided figures. CFO Andre Valentine separately reaffirmed the Company’s revenue, earnings, and cash flow guidance as recently as March 24, 2026.
Shareholders who suffered losses on their CNXC investment are encouraged to get more information about this investigation. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report. Attorney Advertising. Prior results do not guarantee similar outcomes.
Frequently Asked Questions About the CNXC Investigation
Q: What is the CNXC securities fraud investigation about? A: A securities fraud investigation has been initiated concerning Concentrix (NASDAQ: CNXC) regarding potentially materially false and misleading statements. Shares fell 20% overnight following the company’s disclosed Q2 2026 earnings miss and cut FY 2026 guidance, causing significant losses for shareholders.
Q: Who is conducting the CNXC investigation? A: Levi & Korsinsky, LLP is investigating potential securities fraud on behalf of investors who purchased CNXC securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.
Q: Who is eligible to participate in the CNXC investigation? A: Investors who purchased CNXC stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do CNXC investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.
Q: What does it cost me to participate? A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What if I already sold my CNXC shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought CNXC and sold at a loss may still participate in the investigation.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Making a loan is a big decision for a lender. The lender must assess the likelihood of repayment in a timely fashion. The higher the loan's risk, however, the higher the interest rate the lender can charge. So there are trade-offs that have to be made. The auto loan space has a history of companies taking on too much risk. That is a problem for investors today, as subprime auto loan delinquency rates are high.
Be careful how much risk you take on When you buy a stock, you become a part-owner of the business. This is why it is so important to understand the companies you invest in. If you don't fully understand what the business is doing, you can't properly assess the risks and potential rewards of the investment. This is particularly important for companies that make auto loans.
Image source: Getty Images.
Subprime auto lenders can make huge profits when times are good because of the shockingly high rates they can charge customers. But during a recession, their customers often stop paying. And that can cause deep financial strain for subprime auto lenders. Often, a recession isn't even necessary; it can just be an economic soft patch.
For example, subprime auto lenders American Car Center and U.S. Auto Sales both ran into trouble in 2023. In 2025, Tricolor Holdings hit the skids, though it was accused of fraud, so other factors were at play. And in mid-2026, America's Car-Mart (CRMT 6.90%) was forced to work with its lenders to help it survive. The 60-day delinquency rate, which rose to a historical high at the start of 2026, is not a good sign for this niche of the auto-lending industry.
The subprime auto loan delinquency rate began 2026 at around 6.8%. The 60-day delinquency rate remains above levels seen during the Great Recession. Investors need to pay close attention to lenders such as OneMain Holdings (OMF +0.70%) and Credit Acceptance (CACC 0.18%).
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What's the situation with high-risk loans? OneMain Holdings 30-day delinquency rate was 5.37% in the first quarter, down from 5.85% in the December quarter, but up from the prior year's 5.16%. Charge-offs rose from 7.83% to 8.02% year over year. The company isn't exactly falling off a cliff, but the credit situation appears to be weakening. Credit Acceptance's first quarter 2026 update showed that loans made between 2021 and 2024 have been underperforming expectations. Even 2026 loans haven't been performing as well as hoped.
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This is where investors should step back and consider a pivot. Bank and credit card processor Capital One Financial (COF +0.71%), for example, works with lower-credit-quality customers, but it is more stringent about who it lends to. It issues credit cards and makes auto loans, with a combined 30-day delinquency rate of 3.24%. That was down from the December quarter's 3.59% and from the same quarter of 2025, when the rate was 3.51%. To be fair, Capital One's 30-day delinquency rate on autoloans is higher, at 4.21%, but that's down from 5.23% in the fourth quarter of 2025 and 4.93% in the year-ago period. In other words, Capital One's business is holding up much better, likely thanks to its more discerning lending approach.
It is time to be prudent Most investors should probably avoid businesses that make car loans to financially troubled customers. That's true most of the time, but particularly true right now, with delinquency rates rising. However, if you are interested in the sector, likely thanks to the higher interest rates that can be charged to customers, you should probably err on the side of caution. Capital One is a way to get exposure to lower-quality customers without betting the bank on the highest-risk niche of the auto lending space. Notably, the delinquency rate for higher-quality auto loans is historically low.
For a while now, Nvidia (NVDA +3.90%) CEO Jensen Huang has been making a point that runs counter to the usual AI hype. The bottleneck in building out artificial intelligence, he argues, isn't just chips, it's the electricians, pipefitters, and grid crews needed to raise the data centers, fabs, and power lines those chips depend on. He's gone so far as to suggest skilled tradespeople could become a new class of high earners. That thesis has a very real corporate beneficiary, and its backlog just told the story.
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Why Quanta Services sits at the center of the build-out Quanta Services (PWR 1.52%) is a specialty contractor that strings transmission lines, builds substations, and wires interconnections that enable a hyperscaler to power a new campus. When Quanta reported earlier this year, its total backlog, essentially the work already signed and waiting to be done, reached a record of $48.5 billion. Management frames the longer-term opportunity as a $2.4 trillion addressable market through 2030, driven by aging grids, new power generation, and the enormous electricity loads that AI facilities represent.
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The moat most investors overlook: Quanta trains its own workforce Here's the angle I find more interesting than the backlog figure itself. If labor is the true constraint on the AI build-out, then the company that controls its own labor supply holds a quiet advantage. Quanta does exactly that. It owns Northwest Lineman College, which trains thousands of pre-apprentices, apprentices, and journey-level line workers every year, and it runs its own advanced training centers to develop crews across its service lines.
Image source: Getty Images.
That matters because you cannot conjure a journeyman lineworker overnight; the training takes years. While competitors bid against each other for the same scarce workers, Quanta is busy manufacturing them, then deploying them on its own projects. In a market where nearly every contractor tells investors the limit is people rather than demand, owning the pipeline of skilled hands is a genuine, durable edge.
None of this makes Quanta a sure thing. The same labor shortage that helps it can also cap how fast it grows, since even Quanta can only train and retain so many workers at once. Large infrastructure projects can slip or be delayed, backlog is a signal of future work rather than guaranteed profit, and heavy reliance on utility and data-center customers ties Quanta's fortunes to their spending plans. The stock has also climbed sharply, which leaves less room for error if results ever disappoint.
The takeaway for investors Quanta Services is one of the clearest ways to invest in the physical side of the AI story -- the concrete, copper, and cooling behind Huang's vision -- without betting on which chipmaker wins. The record backlog confirms that demand is real, and the company's control over its skilled workforce is the kind of advantage that's hard for rivals to quickly replicate. For investors who believe the trades are about to have their moment, this is a name worth studying, provided you're comfortable buying after a strong run.
SAN DIEGO, July 10, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired AeroVironment, Inc. (NASDAQ: AVAV) securities between June 25, 2025 and March 10, 2026. AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What are the allegations?
Shareholders allege that AeroVironment, Inc. misled investors regarding the viability and profitability of its involvement in the SCAR program. According to the complaint, on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC. Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the U.S. Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program.
Plaintiff alleges that during the class period defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Plaintiff further alleges that during the class period defendants failed to disclose that the Company understated the likelihood that it would face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN and overstated it business and financial prospects.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program. On this news, AeroVironment's stock price fell $61.97 per share, or over 15%, to close at $330.89 per share on January 20, 2026.
Then, on March 10, 2026, AeroVironment announced disappointing financial results for the third quarter of fiscal year 2026. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company’s space division after the stop work order on the Company’s BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program. On this news, AeroVironment’s stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
What can shareholders do now? You may be eligible to participate in the class action against AeroVironment, Inc. Shareholders who wish to serve as lead plaintiff for the class must submit their papers with the court by July 27, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against AeroVironment, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
New York, New York--(Newsfile Corp. - July 11, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the "Class Period"), of the important August 4, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Verra common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, Verra minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304870
Source: The Rosen Law Firm PA
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