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The sUSDe ARM is now open for external depositors.

The sUSDe ARM is the first ARM Vault deployed for a yield-bearing stablecoin. The same mechanism that has processed over $3B in volume across stETH and eETH now applies to Ethena’s sUSDe.

sUSDe Has a Redemption Path that Standard AMM Pools IgnoresUSDe is redeemable for its full USDe collateral value through Ethena's unstaking process. That creates a predictable secondary-market dynamic: sUSDe trades at a discount to its USDe backing on DEXs because the unstaking queue takes time, and that illiquidity premium reflects in sUSDe pricing.

In a standard stablecoin pool, that discount is captured by arbitrageurs. The LP earns a swap fee, and the spread leaves the system instead of going back to the liquidity providers that support it.

Unlike traditional AMMs, the sUSDe ARM routes the spread back to LPs.

When sUSDe trades at a discount on DEXs, the ARM sells its USDe liquidity for discounted sUSDe, initiates Ethena's unstaking process, and receives USDe when the redemption settles. When no arbitrage opportunity is present, idle USDe routes to Aave V3. The lending rate earns yield for ARM Vault depositors when arbitrage opportunities aren’t present.

That is the mechanism: redemption arbitrage when discounts are present, lending yield when they are not.

USDe Holders Earn Yield Without Taking Directional Exposure.Depositors earn from sUSDe/USDe arbitrage while holding a stablecoin-denominated position. The current trailing 30-day APY is 4.6%. Yield is tied to market conditions: wider sUSDe discounts produce higher spreads and stronger LP returns.

At minimum, idle capital earns Aave V3 lending rates between arbitrage cycles.

Every ARM Cycle Brings sUSDe Closer to Fair Value.The ARM's arbitrage doubles as peg support: it absorbs sUSDe whenever it trades below redemption value, deepening liquidity and reinforcing the peg to USDe. For sUSDe holders across the Ethena ecosystem, that means tighter secondary-market pricing and reduced friction when exiting to USDe.

The ARM Framework Extends Beyond Liquid StakingThe stETH and eETH ARMs demonstrated that routing the arbitrage value to LPs, rather than external arbitrageurs, produces stronger capital efficiency than standard AMM pools. The sUSDe ARM applies the same logic to a stablecoin market.

LSTs, LRTs, yield-bearing stablecoins, and RWAs all share the same structural dynamic: a primary-market redemption value that secondary markets price around. The sUSDe ARM is the first stablecoin deployment of this framework.

The sUSDe ARM is now open to the public.

Explore the sUSDe ARM → https://app.originprotocol.com/#/arm/1:ARM-sUSDe-USDe

Large-wallet activity on @Lighter_xyz and @Mantle_Official just hit its highest level in six months, according to on-chain analytics firm @SantimentData. Lighter recorded 86 transactions worth more than $100,000, while Mantle registered 37 such transactions, marking the highest daily whale activity for both tokens in the past six months.

Although whale transaction metrics do not distinguish between buying and selling, they are widely viewed as indicators of heightened activity by large holders, and such spikes often coincide with periods when institutional investors or high-net-worth wallets reposition their portfolios ahead of significant market moves.

$LIT catches a Robinhood catalyst The surge in $LIT whale activity follows a major product integration. @RobinhoodApp Wallet now offers in-app perpetual futures trading, with the engine underneath being @Lighter_xyz, the rising zk-powered perps exchange atop Ethereum. Robinhood Chain, a Layer 2 built using Arbitrum's tech stack, went live on public mainnet on July 1, with the Lighter perps integration arriving alongside it. Lighter has committed $11 million of its native $LIT tokens to the Robinhood community as part of the deal, and eligible users earn points on perpetual futures trades on Lighter, converting directly into $LIT, with no fees on perpetuals accessed through Lighter for the first 90 days.

$LIT surged 24% as Robinhood Wallet added Lighter's perpetual futures trading. The token has since climbed further to trade near $2.70, a fresh high. As an exchange based in America with its token issued out of a Delaware C-corp, Lighter has a cleaner path into regulatory approval than offshore-first competitors, adding to the longer-term investment case behind the whale positioning.

$MNT whales accumulate but price stays stuck The picture for @Mantle_Official is more mixed. Whale transaction counts matched the six-month high, yet the price response has been muted. Mantle remains in a broader downtrend, with $MNT trading near $0.43 after failing to reclaim the key $0.57 resistance, and while the RSI has recovered from oversold conditions, momentum remains weak and buyers have yet to confirm a trend reversal.

For $MNT to validate the recent whale activity, the token must first reclaim $0.57, which could pave the way toward $0.94 and eventually $1.08. Mantle continues to benefit from its expanding Layer 2 ecosystem and one of the largest community-controlled treasuries in the crypto market, and ongoing ecosystem development, DeFi incentives, and long-term infrastructure growth may be encouraging whales to accumulate positions while prices remain significantly below previous highs.

For now, the divergence is stark. Lighter has a clear narrative driving price alongside the whale flows. Mantle has the accumulation signal but is still waiting for a price catalyst to match it.

Sources
CoinPedia: Crypto Whales Accumulating Lighter and Mantle
The Block: Robinhood Chain Goes Live with Lighter Perps
Robinhood Newsroom: Robinhood Chain Mainnet Launch

Tiger Brokers upgrades Coinbase's rating to "Buy", sets target price at $200.

Tiger Brokers has upgraded its rating on Coinbase from "Hold" to "Buy" and set a $200 price target. The firm stated that after a sharp pullback earlier, the risk-reward ratio has improved, Bitcoin’s toughest bear market phase may be over, and a new cryptocurrency market cycle is expected to kick off, fueled by recovering liquidity, rising institutional demand, and improved risk appetite.

3 hours ago

SpaceX's listing has driven record highs in tokenized stock trading, with on-chain transaction volume reaching $3.86 billion in June.

Driven by SpaceX's record IPO, on-chain tokenized stock trading volume surged 145% month-over-month in June to $3.86 billion, hitting an all-time high. Of this total, trading volume for tokenized SpaceX stock (ticker: SPCX) reached $1.19 billion, accounting for 31% of the monthly tokenized stock trading volume. The SPCX token issued by BlackRock Securities saw $1.08 billion in trading volume, the market's most active product, while SPCXx from xStocks recorded $852 million. The total market capitalization of the tokenized stock market rose to $1.53 billion in June, up 6.64% month-over-month, marking the 15th consecutive month of growth. While popular assets like Nvidia and Tesla remain actively traded, market attention has clearly tilted toward SpaceX.

3 hours ago

U.S. SEC Releases 2026 Regulatory Agenda, Proposes Revisions to Rules for Crypto Trading Platforms and Brokers

U.S. SEC releases its 2026 regulatory agenda, with plans to advance crypto asset regulatory reform by the end of this year. The agency intends to revise multiple rules applicable to broker-dealers and crypto trading platforms, including adjusting brokers’ minimum liquid capital requirements, customer asset protection standards, and record-keeping provisions, to clarify how these rules apply to crypto assets. Meanwhile, the SEC also plans to revise the regulatory framework for trading platforms and explore launching "safe harbor" and regulatory exemption mechanisms related to crypto asset issuance, custody, and trading—aiming to provide clearer regulatory guidance for the market while continuing to crack down on illegal activities. The SEC notes that the new rules are designed to enhance market certainty, boost capital formation and innovation, and ensure adequate investor protection. This direction aligns with the industry-friendly regulatory path SEC Chairman Paul Atkins has pursued since taking office, marking a sharp contrast to the law enforcement-dominated regulatory approach of former Chairman Gary Gensler.

3 hours ago

The $9.9 billion stock swap deal between Naver and Dunamu has been delayed again until the end of the year, as South Korea’s digital asset law remains unresolved.

Naver Financial and Dunamu have delayed the completion of their full stock swap transaction to December 31, marking the second postponement of the deal. The transaction, which aims to integrate Dunamu—operator of South Korea’s largest crypto exchange Upbit—into Naver Financial, was originally scheduled to close on September 30. Dunamu unveiled the new timeline on the 6th via a corrected disclosure of documents first submitted last November, with unfinished digital asset legislation and pending antitrust review cited as key variables. The company has pushed its extraordinary general meeting from August 18 to November 19, and reset the shareholder record date to October 22. Multiple government approvals remain required for the deal to proceed, including merger clearance from the Korea Fair Trade Commission (FTC), approval for Naver Financial’s major shareholder change under credit information regulations, and acceptance of Dunamu’s major shareholder change filing under specific financial transaction information laws. Dunamu noted that progress in any of these steps could further extend the timeline or even lead to the deal’s collapse. It also pointed out that the Digital Asset Basic Act currently under parliamentary review is a practical variable affecting the transaction’s progress and outcome. When the bill is enacted, regulators are simultaneously considering imposing bank-style strict liability rules on exchanges, requiring platforms to compensate users for losses caused by hacking incidents.

3 hours ago

View: Despite weak stock performance, the AI industry "still revolves around NVIDIA"

CNBC stock commentator Jim Cramer said that despite recent weak market sentiment toward Nvidia and sustained pressure on its share price, the company remains a core player in the AI industry. He noted the current sell-off of Nvidia has been excessive, with its forward price-to-earnings (P/E) ratio dropping to near this year’s lowest levels. Cramer pointed out that while some firms—including Chinese AI company DeepSeek—are developing in-house AI chips, they still heavily rely on Nvidia’s technology, and no signs have emerged yet that the company will lose its industry-leading position. Additionally, he stated that some investors have sold Nvidia shares recently to free up capital for other tech stocks, including newly listed SpaceX.

3 hours ago

Ethereum briefly rallied to surpass $1,800.

According to HTX market data, Ethereum briefly rebounded to break through the $1,800 mark, currently trading at $1,799.84, with a 1.45% increase in the past 24 hours.

3 hours ago

Ondo Perps launches as the first perpetual futures platform to accept tokenized stocks as collateral, offering non-U.S. investors up to 20x leverage on U.S. equities.

For the first time, investors outside the United States can use tokenized stocks as collateral to trade perpetual futures on U.S. equities, without a traditional brokerage account.

Ondo Perps, a new decentralized perpetual futures platform built on technology developed by Ondo Finance, launched on July 7. 

It is the first platform of its kind to allow tokenized stock and ETF holdings to be posted directly as collateral for derivatives positions, eliminating the need to park separate capital across multiple platforms.

What Ondo Perps actually isA perpetual futures contract, or perp, is a derivative that lets a trader bet on whether an asset's price will rise or fall, with no expiration date. The position can be held indefinitely, and leverage can be used to amplify exposure, and losses.

Ondo Perps offers up to 20x leverage on widely traded assets, including SpaceX (SPCX), Micron (MU), Apple (AAPL), Nvidia (NVDA), Tesla (TSLA), the Nasdaq QQQ ETF, gold and silver.

The difference is the collateral model. On most perps platforms, traders post stablecoins or crypto as margin. On Ondo Perps, they can post tokenized stock holdings directly, so the same Apple shares already held on-chain can back a leveraged position without being sold or moved off the platform.

Who it is built forOndo Perps is available to investors outside the United States, and that is by design. Hundreds of millions of investors globally want exposure to U.S. stocks, ETFs, and commodities but lack access to traditional U.S. brokerage infrastructure. Ondo Perps is built specifically for that audience, giving them 24/7 access to leveraged U.S. market exposure through a permissionless platform.

"Hundreds of millions of investors outside the United States can now access 24/7 exposure to stocks, ETFs, and commodities with up to 20x leverage, and deploy tokenized stock holdings as productive capital," said Ian De Bode, President at Ondo Finance. 

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"We are rapidly approaching an investing experience that is, quite frankly, far better than what a traditional brokerage account can offer."

Trending on TheStreet RoundtableFidelity just identified five things that could turn crypto aroundVeteran trader who called 50% gold crash makes major predictionAmerican veterans to receive $10,000 in XRP from RippleThe infrastructure behind itOndo Perps sources its liquidity directly from traditional financial markets, the same approach Ondo Finance used when it brought exchange liquidity to its tokenized stocks and ETFs. 

Ondo says that gives it market depth comparable to traditional derivatives venues, with tight spreads and minimal slippage even on large trades, and it claims the fastest execution of any permissionless perps platform, with order routing, margin updates and liquidations processed in real time.

Ondo Perps is built on top of Ondo Global Markets, the tokenized-equity infrastructure platform that has grown roughly 5% per week since launching in September 2025, reaching over $1 billion in total value locked. 

The launch adds a new layer to that ecosystem: tokenized assets are no longer just holdings but collateral that can be put to work inside a single trading platform.

"Ondo Perps marks the first time a permissionless equity perps platform has been built with the infrastructure required to unlock liquidity, speed, and capital efficiency comparable to traditional derivatives markets," De Bode said.

Perpetual futures are high-risk instruments, and leverage magnifies losses as well as gains. Ondo Perps is a permissionless platform and is not available to U.S. investors.

Ondo Finance has expanded its financial services suite to include perpetual futures contracts for tokenized stocks. The platform, referred to as Ondo Perps, will provide 24/7 trading and over 20x leverage, utilizing tokenized stocks as collateral.

Ondo Perps debuts 20x leverage perpsEligible investors outside the United States (US) can use the platform to trade tokenized stocks, including Strategy (MSTR), Alphabet (GOOG), Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Gold (XAU), and Silver (XAG), among others.

“Ondo Perps is the first platform to allow tokenized stocks as collateral, available now for Pre-Alpha users. RWA perps can now trade on a platform built to deliver liquidity and capital efficiency on par with traditional derivatives exchanges,” Ondo stated in an X post on Tuesday.

Real-world assets (RWA) remain one of the fastest-growing sectors in the crypto market, allowing access to equities in a tokenized format while eliminating the constraints of traditional derivatives markets.

Ondo tokenized assets are valued at $996 million, with $126 million in 24-hour volume. According to CoinGecko, the larger RWA sector is valued at $53 billion and attracts approximately $1.7 billion in daily volume.

Price analysis: ONDO extends sideways tradingOndo trades sideways around $0.33, holding below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), keeping the near-term bias cautiously bearish despite the recent stabilization.

The Parabolic SAR at $0.35 reinforces the idea of topside pressure, while the Relative Strength Index (RSI) around 47 suggests neutral momentum rather than outright selling exhaustion. Meanwhile, the Moving Average Convergence Divergence (MACD) histogram has turned modestly positive on the daily chart, hinting that downside momentum is waning even as price remains capped by overhead trend levels.

ONDO/USDT daily chartInitial resistance is clustered around the 100-day EMA near $0.34, which aligns closely with the 50-day EMA, creating a critical supply zone that must be overcome to alleviate short-term bearish momentum. Should ONDO break above this area, the Parabolic SAR at $0.35 presents the next technical challenge, followed by the more substantial 200-day EMA near $0.38, which continues to define the prevailing bearish market structure.

Looking down, immediate focus stays on the area around the current price, with the descending trendline break level at $0.33 offering the first layer of underlying demand. A daily close back below this support would likely open the door to a deeper pullback in the short term.

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

Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.

A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.

Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.

Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.

Ondo just launched a perps platform where tokenized stocks can be used to back leveraged positions.

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Ondo has switched on Ondo Perps, a perpetuals platform offering up to 20x leverage on equity, index, and commodity markets while also letting traders post tokenized stocks as margin, a first for the perps category.

Ondo Perps is live.

Up to 20x leverage on equity perps is here, with tokenized stocks as collateral & up to $3 million in rewards.

Ondo technology first revolutionized tokenized stocks & now powers perps markets for:

✅ Oil
✅ Intel
✅ Gold
✅ AMD
✅ Meta
✅ Tesla
✅ Silver
✅… pic.twitter.com/Oxfo7ni9JR

— Ondo Perps (@OndoPerps) July 7, 2026 What's the Scoop?The launch: The platform debuted today with two dozen markets spanning megacap equities (Nvidia, Tesla, Apple, Microsoft), crypto-adjacent stocks (Coinbase, Circle, Strategy, Robinhood), commodities (gold, silver, oil), the US 100 and US 500 indices, and more. Markets run 24/7 with no expiries, or as Ondo put it, "no closing bell."The collateral unlock: The headline feature is that Ondo's tokenized stocks can serve directly as margin, currently live for Pre-Alpha users. Rather than parking equities in one venue and stablecoins in another, traders can put their tokenized stocks to work backing leveraged positions, a step toward the onchain prime brokerage vision Ondo has been telegraphing.Incentives on: Ondo is dangling up to $3M in total rewards, starting with $150k in USDC pools for the first week of trading activity, plus a referral program and a forthcoming Ondo Points scheme for perps traders.
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CoreWeave (NASDAQ:CRWV) has been one of the most punished AI infrastructure names of the summer, and I think that has created an opportunity. The stock closed at $81.75 on July 2, 2026, down 31.46% over the past month and 46.14% over the past year.

Our 24/7 Wall St. price target for CoreWeave is $167.48, implying 104.88% upside, and I rate the stock a buy with medium (roughly 50%) confidence.

24/7 Wall St. Price Target Summary Metric Value Current Price $81.75 24/7 Wall St. Price Target $167.48 Upside 104.88% Recommendation BUY Confidence Level 50% How CoreWeave Got Cut in Half The collapse from $151.77 one year ago to today has been driven by three overlapping narratives. A securities fraud class action alleges CoreWeave concealed data center construction delays and understated reliance on a single third-party data center supplier.

Debt has surged from $2 billion in 2023 to $35 billion, and insiders have been unloading, including CEO Michael Intrator, who sold roughly $37.7 million in shares on June 30, 2026. That backdrop overshadowed a strong Q1 2026: revenue of $2.08 billion, up 111.7% year over year, with a revenue backlog that reached nearly $100 billion after Meta added a $21 billion commitment.

Why Bulls See a Breakout Ahead The bull case rests on scarcity. CoreWeave has surpassed 1 GW of active power, has contracted more than 3.5 GW, and is targeting 8 GW by 2030. Backlog visibility has gone from $30.1 billion in Q2 2025 to $99.4 billion in Q1 2026. NVIDIA closed a $2 billion Class A stock investment and named CoreWeave its Exemplar Cloud for inference on GB200 NVL72.

Cantor Fitzgerald carries a Buy rating with a $167 target, and Jim Cramer suggested the real backlog may be materially larger than reported. In our upside scenario, CoreWeave reaches $175.62 over 12 months.

What Could Go Wrong The bear case is real. Q1 2026 free cash flow was -$4.71 billion, capex hit $7.70 billion in a single quarter, and interest expense doubled to $536 million. Total liabilities reached $50.81 billion against $4.76 billion in shareholders’ equity.

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It should be noted that bulls would argue the capex spike reflects fulfilling the Meta and OpenAI commitments, and operating cash flow of $2.98 billion plus a $8.5 billion non-recourse investment-grade term loan gives management runway. Still, coordinated insider selling and the securities lawsuit weigh on sentiment. Our bear scenario lands at $134.46 over 12 months.

The Setup: Backlog Quality vs. Balance Sheet Strain I’m at buy with a 24/7 Wall St. price target of $167.48 and 50% confidence. The factor that tips the scale is backlog quality: $99.4 billion in backlog from customers like Meta, OpenAI, and Anthropic represents committed, contracted demand.

The thesis strengthens if margin expansion accelerates and the securities suit gets contained. The thesis weakens if Q2 2026 shows another double-digit EPS miss or if free cash flow deterioration worsens beyond the current trajectory.

Looking further ahead, here is where our model projects CoreWeave could trade, assuming current growth trajectories and market conditions hold.

Year 24/7 Wall St. Price Target 2026 $110.45 2027 $167.48 2028 $228.59 2029 $312.01 2030 $425.86 These projections assume CoreWeave continues converting its backlog into revenue and progressing toward 8 GW of contracted power. Significant upside or downside could result from AI capex reversal, litigation outcomes, or NVIDIA supply dynamics.

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A person can have money yet remain unable to use it because those dollars sit in an account controlled by someone else. The local currency is worth a little less by the weekend. Sending it across a border takes days and loses a cut at every stop. Roughly 1.4 billion adults are unbanked (World Global Finance Findex), and hundreds of millions more hold accounts exposed to inflation, currency controls, and frozen deposits. The money is real, but the system was never built for them.

Hesab built a banking framework that changes this system. It runs on a phone, works on a twenty-dollar handset, and needs no branch and no paperwork. Users hold their own keys, so the balance belongs to them and not to Hesab. They can hold dollars, send them to anyone, spend them on a ubiquitous global card network, and cash in or out through a local agent. Founded in 2018, Hesab now processes $160 million a month across more than a million transactions for users in over 160 countries. Its next expansion targets markets in the Global South, corridors across Africa and the Middle East.

What Hesab needed was a settlement layer that could move that money as fast as it promised users, without parking billions in pre-funded capital to fake the speed.

What the old rails costRemittances to low and middle-income countries reached $685 billion in 2024 (World Bank/KNOMAD). Most of that still moves through correspondent banking, which takes two to five days to clear and charges a global average of 6.36% per transfer (World Bank Remittance Prices Worldwide). The delay and the fee come from the same place. To settle a cross-border payment fast, a provider has to pre-fund an account in the destination market and let money sit there idle, waiting. Someone pays for that idle capital. The sender does, every time, in the spread and the wait.

That model has not materially changed in fifty years. It was designed for banks moving large sums between financial centers, not for a worker sending two hundred dollars home every month. The people who send the most frequent, smallest transfers pay the highest effective rate for the privilege.

Where Movement comes inMovement is the stablecoin settlement and yield layer built for these markets, with access to licensed payment rails across the United States, Canada, and the European Union. It settles in real time, sub-second, and removes the pre-funded float and the correspondent bank chain behind it. That regulated footprint is what separates it from networks that can move stablecoins but cannot touch compliant fiat on and off ramps. Hesab is the first major platform to build its bank on that infrastructure.

The stack behind the bankDFNS provides the wallet infrastructure, so Hesab can issue millions of non-custodial wallets at scale and users hold their own keys without managing seed phrases. Movement settles the stablecoin transactions across corridors. Circle's CCTP moves native USDC across blockchains. Tether supplies USDT liquidity in corridors where it is the preferred dollar. Licensed ramp partners connect users to cash-in and cash-out points across Hesab's markets. 

"Money should move at the speed of trust. Instantly, without permission, across any border," said Sanzar Kakar, Chairman of Hesab.

Consider a worker abroad who opens Hesab and funds the account through one of the twenty-plus channels Hesab supports, whether it’s by bank transfer, card, or Apple Pay. That balance is held as dollar-denominated stablecoins, USDC or USDT, in a wallet only the user controls. They tap send. The transaction settles on Movement in less than a second, not days, with no float parked in the middle to make it feel fast. The recipient chooses what the money becomes. They can hold it in dollars, spend it directly on a global issued card, or convert to local currency and collect cash through an agent. The recipient gets the money in their own account, on their own phone, the same day.

Why self-custody matters hereMost banking for the underbanked keeps custody with the provider. The user gets an app, but the balance stays on the company's books. Hesab inverts that. It’s a self-custodial wallet at its core: the keys live on the user’s device. Leave Hesab tomorrow, and the money is still yours. That design answers the exact problem those users have lived with their whole lives: accounts that freeze, currencies that get controlled, institutions that cannot be trusted with the balance. A bank you fully own removes the middleman from the one relationship that matters most.

One settlement layer, every corridorHesab's bank goes live for users across the Global South, starting in Africa and the Middle East. Every stablecoin transaction in it settles on Movement. As Hesab opens new corridors, the layer underneath does not change. That is the point of building on infrastructure instead of stitching rails together market by market. Hesab handles the customer. Movement moves the money.

Move is for Money.This post is informational only and does not constitute an offer or solicitation of any digital asset, security, financial instrument, investment product, or stablecoin, or financial, investment, legal, or tax advice. Hesab's products and services are operated solely by Hesab, subject to Hesab's terms and applicable law. Products built on Movement Network by independent partners are operated by those partners subject to their own terms, eligibility criteria, and jurisdictional availability, and may not be available to US persons or in jurisdictions where prohibited. Product and performance descriptions reflect publicly available information and have not been independently verified. Forward-looking statements reflect current expectations and are not guarantees.

The Pound Sterling (GBP) retreats against the US Dollar (USD) on Tuesday as tensions in the Middle East rise, following reports of attacks on two ships in the Strait of Hormuz. The GBP/USD pair trades at 1.3373, down 0.11%. Read More...

British Pound gains as easing Fed hike bets weigh on US DollarGBP/USD continues its winning streak for the ninth consecutive day, trading around 1.3390 during the Asian hours on Tuesday. The currency pair rises as the US Dollar (USD) faces headwinds as market participants scale back expectations for Federal Reserve (Fed) rate hikes this month and in September. This shift in sentiment followed a cooling employment report that revealed fewer jobs added across April, May, and June than Wall Street had anticipated. Read More...

Pound Sterling rallies into its own coronationGBP/USD has quietly put together eight consecutive higher daily closes, a grind from near 1.3150 that has delivered the pair directly onto its 200-day Exponential Moving Average (EMA), with the 50-day EMA just beneath it and the 1.3400 handle immediately overhead. Monday added another modest gain: Cable based near 1.3350 through the London morning, then climbed all afternoon to stall just shy of 1.3400. Read More...

The brokerage said Figma’s stock has fallen about 85% from its 52-week high as investors worried that generative AI would reduce the need for design software.

However, Bank of America believes AI is expanding demand for collaborative product development and creating new monetization opportunities through Figma’s hybrid seat-based and usage-based pricing model.

The firm values Figma at 8 times estimated 2027 enterprise value-to-sales, above the peer average of about 5.9 times, citing the company’s stronger growth outlook and growing role in AI-powered software development.

AI Seen Driving AdoptionBank of America said AI is increasing the number of people creating digital products while also making workflows more complex. That, in turn, should increase demand for a centralized platform where designers, developers and product teams can collaborate.

The analysts pointed to early evidence that AI is already contributing to revenue growth. During the first quarter of 2026, 75% of enterprise customers that exceeded their AI credit limits purchased additional credits, while more than 95% remained active on the platform. Enterprise customers generating more than $100,000 in annual recurring revenue increased 48% year over year, while net dollar retention reached 139%.

Growth OutlookBank of America projects revenue growth of 35.6% in 2026 and 23% in 2027, compared with peer averages of 19.3% and 15.7%, respectively. The brokerage expects AI investments to pressure margins in the near term but forecasts operating margin expansion from 9.2% in 2026 to 13.8% by 2028, alongside improving free cash flow margins.

The analysts also highlighted continued enterprise adoption as a key growth driver. They estimate the number of customers generating more than $100,000 in annual recurring revenue will grow 26.2% in 2026 before moderating to more than 22% annually through 2028.

Risks RemainDespite its bullish stance, Bank of America said risks include slower-than-expected AI adoption, increasing competition from AI-native design tools and weaker monetization of AI features. Even so, the firm believes those concerns are already reflected in Figma’s valuation and views the company as an AI beneficiary rather than an AI casualty.

FIG Stock Price Activity: Figma shares were up 9.49% at $23.08 at the time of publication on Tuesday, according to Benzinga Pro data.

Photo via Shutterstock 

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The “buy now, pay later” fintech giant Klarna wants to become a real bank.

The Swedish company just announced its plans to establish a U.S.-based subsidiary known as Klarna Bank USA. If approved, the FDIC-backed bank would set up shop out of Utah.

“Banking is built on trust,” Klarna CEO and cofounder Sebastian Siemiatkowski said in the announcement. “We’ve seen firsthand the appetite for a fairer, more transparent approach in the U.S., and our own banking license is the natural next step.” 

With a proper bank, Klarna says it can give users tools to “borrow responsibly” and build their financial confidence while injecting more competition and innovation into the banking sector. The company named Gary Harding, former CEO of Milestone Bank and Prime Alliance Bank, as its future chief executive. 

Klarna has more than 119 million global active users and over 3 million transactions per day, according to its most recent estimates. Its major retail partners include H&M, Saks Fifth Avenue, Sephora, Macy’s, Ikea, Expedia Group, Nike, Uber, and Airbnb. In Europe, the fintech firm already operates as a fully licensed bank with broader lending and banking options than its current product in the U.S. Since Klarna’s IPO in September 2025, its shares have lost more than half of their value. 

Klarna eyes the futureKlarna has been all in on AI, shrinking its workforce and leaning more on automated systems rather than human employees. In February, Klarna said it employed around 3,000 workers—down from 7,000 four years prior—and planned to reduce that number by another third in the coming years through natural attrition rather than rounds of layoffs.

The company is just the latest fintech upstart looking to get into the traditional banking game. As the Trump administration relaxes historically strict regulations governing the banking industry, upstarts from the crypto and tech world have flooded in, seeking the many perks of a bank charter. The startup-focused fintech Mercury is in the process, as are dozens of other nontraditional companies that have recently applied to become banks. That list includes Klarna’s pay-later competitor Affirm, crypto firm Ripple, and Paypal—and even automakers like Ford, GM, and Stellantis.

Join us in New York City this September for the annual Fast Company Innovation Festival. Advanced-rate tickets are available now through Sunday, July 12. Grab your festival passes today.

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SummaryNebius is rated Buy, driven by its superior AI infrastructure platform and robust inference software solutions.NBIS boasts a diversified customer base, a healthy funding model, and a strong cash position, supporting aggressive capacity expansion with minimal net debt.NBIS differentiates itself with end-to-end AI offerings, including Token Factory and recent acquisitions, enabling cost-effective, scalable AI for a broad client base.Despite not being undervalued on traditional metrics, NBIS’s forward revenue growth and full-stack AI capabilities position it for long-term market outperformance. BlackJack3D/E+ via Getty Images

Investment Thesis I have been following Nebius (NBIS) for about one year now, and I consistently rate the stock as a buy. Since my last coverage, Nebius is up over 115% due to its

1.53K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NBIS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Tiger Brokers upgrades Coinbase's rating to "Buy", sets target price at $200.

Tiger Brokers has upgraded its rating on Coinbase from "Hold" to "Buy" and set a $200 price target. The firm stated that after a sharp pullback earlier, the risk-reward ratio has improved, Bitcoin’s toughest bear market phase may be over, and a new cryptocurrency market cycle is expected to kick off, fueled by recovering liquidity, rising institutional demand, and improved risk appetite.

3 hours ago

SpaceX's listing has driven record highs in tokenized stock trading, with on-chain transaction volume reaching $3.86 billion in June.

Driven by SpaceX's record IPO, on-chain tokenized stock trading volume surged 145% month-over-month in June to $3.86 billion, hitting an all-time high. Of this total, trading volume for tokenized SpaceX stock (ticker: SPCX) reached $1.19 billion, accounting for 31% of the monthly tokenized stock trading volume. The SPCX token issued by BlackRock Securities saw $1.08 billion in trading volume, the market's most active product, while SPCXx from xStocks recorded $852 million. The total market capitalization of the tokenized stock market rose to $1.53 billion in June, up 6.64% month-over-month, marking the 15th consecutive month of growth. While popular assets like Nvidia and Tesla remain actively traded, market attention has clearly tilted toward SpaceX.

3 hours ago

U.S. SEC Releases 2026 Regulatory Agenda, Proposes Revisions to Rules for Crypto Trading Platforms and Brokers

U.S. SEC releases its 2026 regulatory agenda, with plans to advance crypto asset regulatory reform by the end of this year. The agency intends to revise multiple rules applicable to broker-dealers and crypto trading platforms, including adjusting brokers’ minimum liquid capital requirements, customer asset protection standards, and record-keeping provisions, to clarify how these rules apply to crypto assets. Meanwhile, the SEC also plans to revise the regulatory framework for trading platforms and explore launching "safe harbor" and regulatory exemption mechanisms related to crypto asset issuance, custody, and trading—aiming to provide clearer regulatory guidance for the market while continuing to crack down on illegal activities. The SEC notes that the new rules are designed to enhance market certainty, boost capital formation and innovation, and ensure adequate investor protection. This direction aligns with the industry-friendly regulatory path SEC Chairman Paul Atkins has pursued since taking office, marking a sharp contrast to the law enforcement-dominated regulatory approach of former Chairman Gary Gensler.

3 hours ago

The $9.9 billion stock swap deal between Naver and Dunamu has been delayed again until the end of the year, as South Korea’s digital asset law remains unresolved.

Naver Financial and Dunamu have delayed the completion of their full stock swap transaction to December 31, marking the second postponement of the deal. The transaction, which aims to integrate Dunamu—operator of South Korea’s largest crypto exchange Upbit—into Naver Financial, was originally scheduled to close on September 30. Dunamu unveiled the new timeline on the 6th via a corrected disclosure of documents first submitted last November, with unfinished digital asset legislation and pending antitrust review cited as key variables. The company has pushed its extraordinary general meeting from August 18 to November 19, and reset the shareholder record date to October 22. Multiple government approvals remain required for the deal to proceed, including merger clearance from the Korea Fair Trade Commission (FTC), approval for Naver Financial’s major shareholder change under credit information regulations, and acceptance of Dunamu’s major shareholder change filing under specific financial transaction information laws. Dunamu noted that progress in any of these steps could further extend the timeline or even lead to the deal’s collapse. It also pointed out that the Digital Asset Basic Act currently under parliamentary review is a practical variable affecting the transaction’s progress and outcome. When the bill is enacted, regulators are simultaneously considering imposing bank-style strict liability rules on exchanges, requiring platforms to compensate users for losses caused by hacking incidents.

3 hours ago

View: Despite weak stock performance, the AI industry "still revolves around NVIDIA"

CNBC stock commentator Jim Cramer said that despite recent weak market sentiment toward Nvidia and sustained pressure on its share price, the company remains a core player in the AI industry. He noted the current sell-off of Nvidia has been excessive, with its forward price-to-earnings (P/E) ratio dropping to near this year’s lowest levels. Cramer pointed out that while some firms—including Chinese AI company DeepSeek—are developing in-house AI chips, they still heavily rely on Nvidia’s technology, and no signs have emerged yet that the company will lose its industry-leading position. Additionally, he stated that some investors have sold Nvidia shares recently to free up capital for other tech stocks, including newly listed SpaceX.

3 hours ago

Ethereum briefly rallied to surpass $1,800.

According to HTX market data, Ethereum briefly rebounded to break through the $1,800 mark, currently trading at $1,799.84, with a 1.45% increase in the past 24 hours.

3 hours ago

Strategy, the company formerly known as MicroStrategy, just did something it almost never does: it sold Bitcoin. A lot of it, actually.

Between June 29 and July 5, 2026, Strategy sold 3,588 BTC for roughly $216 million. That is the company’s largest single disposal of Bitcoin since it started stacking the asset back in 2020.

The sales were executed at average prices of $59,256 and $60,773 per Bitcoin, both well below the company’s average cost basis of $75,476 per coin.

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Why Strategy sold, and what it is trying to accomplish The $216 million went primarily toward funding dividends on Strategy’s suite of preferred securities, which includes instruments labeled STRC, STRF, STRE, STRK, and STRD.

The sale completed the final condition in a three-step plan tied to a potential credit rating upgrade from S&P Global. S&P assigned Strategy a ‘B-‘ rating back in October 2025. An upgrade would lower borrowing costs and signal improved financial discipline to institutional investors.

Strategy also made a significant debt management move in May 2026, repurchasing $1.5 billion in convertible notes, which brought total debt down from $8.2 billion to $6.7 billion.

After the sale, Strategy’s cash reserves were rebuilt to $2.55 billion.

The numbers that matter for investors Strategy still holds 843,775 BTC following the sale.

The company also reported an $8.32 billion digital asset impairment charge linked to Q2 losses. Under current accounting rules, companies must mark down crypto holdings when prices fall but cannot mark them back up when prices recover. That impairment does not mean the Bitcoin is gone, but it does hit reported earnings hard.

What investors should watch now is whether S&P actually follows through with the upgrade. Completing the three-step plan does not guarantee an improved rating. If the upgrade materializes, Strategy gains access to cheaper capital. If S&P holds the rating steady or downgrades, the rationale for selling Bitcoin at a loss looks considerably worse in hindsight.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

The cryptocurrency market is a 24/7 arena filled with constant motion and instant changes. While you’re asleep at midnight, Bitcoin’s price can suddenly surge, or while you’re sitting in a meeting, your favorite altcoin might hit a local bottom. In such a fast-moving market, gaining an edge requires one essential thing: a smart assistant that delivers complete, real-time data without delay. This is exactly where a lightweight yet highly capable app steps in available on both iOS and Android, natively supporting English, Spanish and Turkish, and removing the hassle of mandatory sign-ups: CryptoAppsy.

Everything on a Single ScreenFrom the moment you open the app, you’re greeted with real-time prices for thousands of cryptocurrencies from Bitcoin to the latest newly launched altcoins. CryptoAppsy processes data pulled from global exchanges within milliseconds and delivers automatic updates every 5 seconds. This ensures you never miss arbitrage opportunities and can catch sudden price movements the moment they happen.

In the Dashboard tab, you can view your favorites, portfolio, price alerts, and personalized news all on a single screen and updated automatically in real time. Instead of jumping between multiple exchanges or pages, you stay focused on the assets that matter most to you. Below, you can see examples of the price and dashboard screens.

Crypto & USD Earning Opportunities Are Waiting for You!New rewards and surprise opportunities are added to the app every day. You can instantly check today’s special offers on the Deals page and follow regularly refreshed chances to earn crypto and USD. Don’t forget to tap the icon in the top-right corner of the app and check it frequently luck can strike at any moment!

A Feature You Won’t Find Elsewhere: Multi-Currency Portfolio ManagementCryptoAppsy also offers a smart portfolio management tool designed to help you track your investments holistically. When you manually define your portfolio within the app, your total asset value is automatically recalculated every 5 seconds using live exchange rates. There’s no need to create spreadsheets to see your performance your real-time profit and loss figures are always visible on screen.

What truly sets CryptoAppsy apart is its unique multi-currency support. Even if you purchased different coins using different fiat currencies such as USD, TRY, EUR, JPY, GBP, CNY, AUD, CAD, CHF, HKD, or SGD all your positions are tracked simultaneously and presented as a total portfolio value in any fiat currency you choose. For example, even if you bought BTC in USD and ETH in GBP, the app instantly aggregates everything using live rates and displays your total value in USD, EUR, or any supported currency. This level of flexibility is a major convenience rarely found in similar apps.

A News Feed Tailored to Your PortfolioIn the crypto world, information is just as valuable as capital. However, cutting through the noise can be difficult. CryptoAppsy solves this with its integrated News section. The app delivers up-to-date news summaries in the language you’re using Turkish, English, or Spanish curated by experienced editors from dozens of trusted sources and presented in clear, concise formats.

The best part? You can filter the news feed to show only articles related to the cryptocurrencies in your own portfolio. As shown above, once you activate the My Portfolio filter, the app lists only the latest news relevant to your investments. A single tap is enough, and the app remembers your preference every time you open it. You can also filter news by specific coins such as BTC or ETH and access the original sources with just one touch.

Additionally, the Live Feed within the News tab lets you follow breaking developments instantly on a single screen. The Weekly Highlights section shows all major upcoming events for the week, clearly indicating the day and time of each. This way, instead of wasting time on social media rumors, you get critical, market-moving information directly from reliable sources without extra effort.

Discover Newly Launched Coins InstantlyThe Index tab features comprehensive crypto market data along with newly listed cryptocurrencies. Coins that are freshly listed on exchanges appear instantly, giving you first-hand access to details such as launch time, price, volume, market capitalization, and even the blockchain they’re built on. By discovering new projects early before prices peak you gain the opportunity to position yourself ahead of the market. Advanced chart views also allow you to review historical data with just a few taps and analyze trends effortlessly.

Key Macroeconomic Indicators at a GlanceWithin the Index section, CryptoAppsy also includes a Macro Data card. Here, you can track the most important indicators affecting crypto markets, such as upcoming Federal Reserve meeting dates, Fed interest rate expectations, U.S. 10-year Treasury yields, the DXY dollar index, and U.S. unemployment rates. Each data point is interactive, allowing you to view historical charts with a single tap.

Smart Price AlertsIn crypto markets, anything can happen at any moment and it’s not always possible to stay glued to a screen. That’s why CryptoAppsy offers advanced 🔔 smart price alerts. When a cryptocurrency reaches a price level you’ve set, the app sends you an instant push notification. Whether it’s a sudden surge or a sharp drop, you’re informed immediately even if you’re fast asleep at night. These alerts help users avoid emotional decision-making and stay aligned with their predefined strategies. Even when the app isn’t open, CryptoAppsy continues monitoring the market in the background, standing guard on your behalf so you never miss an opportunity.

What Users Say: A 5.0/5 Rated ExperienceUser feedback clearly confirms the value CryptoAppsy delivers. With ⭐5.0 on the App Store and ⭐4.7 on Google Play, reviews frequently highlight phrases like “perfect for beginners,” “excellent news summaries,” “clean and eye-friendly design,” and “no need for another app.” Many users also note that fast notifications help them act on opportunities without delay. This high satisfaction shows that CryptoAppsy is a reliable and practical solution for both newcomers and active traders alike.

Thanks to its intuitive design, even first-time users can navigate CryptoAppsy without wondering, “What should I do next?” The interface is simple and beginner-friendly, while remaining fast and performance-focused for experienced traders. Its lightweight structure ensures smooth operation even on older devices. There’s no email verification or registration required just download the app and start tracking the market within seconds. Beginners can explore confidently, while professionals benefit from the speed required when milliseconds matter.

Whether you’re preparing to make your first crypto investment or actively trading on a daily basis, CryptoAppsy is the ideal companion for simplifying market complexity and saving you time. With real-time prices, personalized portfolio tracking, smart alerts, clean and live news feeds, and instant access to newly listed coins, CryptoAppsy stands out from the competition. Download CryptoAppsy now from the App Store or Google Play, take control of the crypto market, and start seizing opportunities today.

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.

DECRYPT: Binance Introduces BTC Yield for Bitcoin Holders to Earn Yield Without Selling

With BTC reclaiming the $60,000 level on July 1, market experts believe the plunge may have been a failed breakdown rather than a sustained leg lower.

On-chain data has confirmed that June was a painful month for bitcoin (BTC), but beyond the price weakness, both spot demand and institutional flows faltered. Due to last month’s performance, there is speculation that the market may be nearing a cyclical bottom, but this remains unconfirmed.

In the meantime, analysts at the crypto exchange Bitfinex revealed in this week’s Bitfinex Alpha that historical data suggests that July could be better for BTC. However, a seasonality dynamic will not be able to sustain a recovery for BTC this month – the asset needs sustained spot and institutional demand.

Worst June in 4 Years BTC fell to a fresh cycle low of $57,800 last month, marking the worst June since 2022 and the second-worst since 2013. Analysts say this dump was intensified by waning STRC demand and six consecutive weeks of outflows from Bitcoin exchange-traded funds (ETFs), the longest since their launch. The decline to $58,000 marked a 54.15% plunge from current cycle highs, and BTC ended June down 20.48%.

“June’s downside was likely deepened by the failure of both principal demand engines: waning STRC demand and ETF outflows that represented the worst streak on record. The month closed down 20.48 percent from its monthly open, far below the seasonal median of negative 1.5 percent. That sharp deviation left the market technically oversold heading into July,” analysts explained.

With BTC reclaiming the $60,000 level on July 1, market experts believe the plunge may have been a failed breakdown rather than a sustained leg lower. Additionally, the rebound indicated that spot demand had begun to return at marginal lows. Although the current setup supports a positive seasonality for July, only the return of stronger demand, particularly through renewed ETF inflows, will sustain recovery.

Will July Be Better? In prior bear markets, June and November have been the weakest months, so July has historically been firmer. This month posted double-digit gains in 2018 and 2022 bear cycles. However, analysts believe it is too early to tell if the cycle lows are in. The stage for broader sustainable recovery is only set if the demand engines are repaired.

“Seasonality supports the current setup but will not drive it,” analysts stated.

Interestingly, the ETF market has witnessed a reprieve from the bearish regime – $223.5 million on July 2. However, analysts insist that one session of inflows is insufficient to reverse the damage from six weeks of outflows.

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After an eight-week stretch that saw more than $8.2 billion drain from Bitcoin spot ETFs, the bleeding has finally stopped. A single-day inflow of roughly $222 million on July 2 broke the outflow streak, driven largely by fresh capital flowing into Fidelity’s FBTC product.

The great Bitcoin ETF exodus, and its messy reversal The week of June 29 to July 3 alone saw $527 million in net outflows. Then July 2 happened. Approximately $222 million flowed back in on a single day, snapping the streak. Fidelity’s FBTC was the primary magnet for that capital.

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Solana ETFs are having a very different experience US Solana spot ETFs, which launched on October 28, 2025, have accumulated more than $1 billion in cumulative inflows in just a few months of trading.

During the same early July week when Bitcoin flows finally turned positive, Solana ETFs pulled in $5.75 million in net inflows. On July 6, daily inflows hit 103,020 SOL equivalent. Solana ETFs have experienced positive inflows on every trading day during this period. While Bitcoin and Ethereum funds were dealing with redemptions, products like Bitwise’s BSOL and Grayscale’s GSOL kept attracting fresh capital without interruption.

Bitcoin’s spot products have collectively gathered tens of billions since their January 2024 launch.

What this means for investors Investors watching for sustained recovery should track whether inflows persist across multiple issuers, not just one, as Fidelity’s FBTC absorbed the bulk of the July 2 inflow.

Breaking $1 billion in cumulative flows within months of launch puts Solana ETF products on a notable trajectory. Major issuers including Bitwise, Grayscale, Fidelity, and BlackRock are all competing in this space, with data aggregators like SoSoValue and CoinGlass tracking the daily flows.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Mike Belshe, co-founder and CEO of BitGo, stood in front of roughly 250 institutional Bitcoin decision-makers at the BFC in NYC symposium on June 26 and made a case that most of the room probably wasn’t thrilled to hear: Bitcoin’s cryptographic armor has an expiration date, and the industry needs to start fitting a replacement now.

Bitcoin’s security relies on elliptic curve cryptography, a system that would crumble under a sufficiently powerful quantum computer. Experts routinely debate whether quantum computers capable of breaking Bitcoin’s cryptography are years away or decades away.

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The proposal getting the most attention is BIP-361, which was formally introduced on April 15, 2026. It lays out a phased migration plan for moving Bitcoin to quantum-resistant signature schemes. BIP-361 doesn’t demand an overnight overhaul. Instead, it charts a gradual path where quantum-resistant alternatives coexist with current cryptographic methods before eventually replacing them.

Belshe didn’t just theorize about quantum resistance at BFC. He came armed with a proof point. BitGo executed what it described as the first quantum-resistant transaction on the Ethereum testnet, a milestone achieved in the lead-up to the symposium.

Prior to the symposium, Belshe appeared in a May 2026 video discussion alongside Adam Back, the legendary cypherpunk and CEO of Blockstream, where the two covered quantum-resistant signatures in detail. Back’s involvement lends significant weight to the conversation. He’s one of the few people cited in Bitcoin’s original whitepaper.

BIP-361’s phased approach also addresses a perennial concern in Bitcoin governance. Hard forks, or backward-incompatible protocol changes, are politically radioactive in Bitcoin culture. The 2017 block size wars left scars that still influence how proposals are received. A gradual migration that doesn’t force an immediate fork is far more likely to achieve consensus.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

In brief Radar Chat launched Tuesday, combining encrypted messaging with Bitcoin payments. The app uses the Signal Protocol but was developed independently from Signal. Radar says users remain in control of their Bitcoin, which is sent via the Lightning Network. A new app from the team behind Cake Wallet brings Bitcoin payments directly into private messaging.

Launched Tuesday, Radar Chat combines end-to-end encrypted messaging with self-custodial Bitcoin payments via the Lightning Network, allowing users to send Bitcoin via text messages without having to switch apps or copy wallet addresses.

“The idea behind Radar is that the people we talk to and the people we pay are often the same people, yet messaging and payments still live in separate places,” Radar Chat and Cake Wallet founder Vikrant Sharma told Decrypt.

Available on iOS and Android, Radar—which the company clarified is a separate company from Cake Wallet—uses Signal’s open-source protocol to let users send encrypted messages and Bitcoin payments inside private conversations without switching between separate chat and wallet apps, with private keys controlled by users.

Your messages. Your Bitcoin. Together, at last.

Radar brings private messaging and self-custodial Bitcoin Lightning together in one seamless experience, and because it's built on Signal's incredible network - the people you already talk to come with you. pic.twitter.com/Rg6BBbfvGS

— Radar.Chat (@RadarChat) July 7, 2026

“Rather than reinventing secure messaging from scratch, the team chose to build on one of the most trusted and widely respected privacy technologies available,” Sharma said. “Many Bitcoin and privacy-conscious users already rely on Signal, so Radar builds on a familiar foundation while adding something that has been missing: native Bitcoin payments inside conversations.”

While apps like PayPal, Cash App, and Venmo have simplified digital payments, Sharma said users often trade control for convenience.

“Apps like PayPal and Cash App made sending money easier, but they're centralized services,” he said. “They hold your money, they can freeze your account, and they see every transaction you make. Convenience came at the cost of control.”

Radar uses the Bitcoin Lightning Network, a layer-2 payment network designed to make transactions faster and cheaper than sending directly on Bitcoin’s base layer. While Lightning is often associated with small transactions measured in satoshis—or 1/100,000,000 of a full Bitcoin—Sharma said Radar is not limited to microtransactions.

During setup, Sharma said Radar gives users a recovery seed phrase to restore their Bitcoin on another device, while an encrypted backup tied to their Signal account provides an additional recovery option.

“Radar is developed independently from Signal,” he said, “but we deeply respect the work the Signal team has done and financially support the project, because we believe privacy-preserving communication is an important public good.”

Sharma said Radar has successfully tested payments up to $5,000, with transaction capacity determined by available Lightning Network liquidity rather than limits set by the app.

“For most people, Radar is designed around everyday payments—buying lunch, splitting expenses, paying a friend back, or sending tips,” Sharma said. “Those are exactly the types of transactions Lightning excels at because they’re fast, inexpensive, and settle almost instantly.”

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Bitcoin clawed its way back to around $64,000 this week, its highest level in several weeks. Wintermute, one of crypto’s largest market makers and algorithmic trading firms, would like everyone to calm down about it.

In a market assessment dated July 6-7, the firm characterized the rebound as a “relief rally,” driven more by improving macroeconomic conditions than by any genuine resurgence in crypto-specific demand.

The case against getting excited Wintermute’s argument boils down to a mismatch between price action and fundamentals. Bitcoin recovered from lows near $60,000 to roughly $64,000, a move that looks encouraging on a chart. But the firm points to persistently weak crypto-native indicators as evidence that this isn’t the start of something bigger.

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Spot Bitcoin ETF inflows, which served as a reliable demand barometer throughout 2024 and into 2025, remain sluggish. Stablecoin activity, another proxy for fresh capital entering the ecosystem, hasn’t picked up meaningfully either.

Instead, the bounce appears to be riding on broader macro tailwinds. More favorable US economic data and decreased geopolitical tensions have lifted risk assets generally.

A pattern of skepticism from Wintermute This isn’t the first time Wintermute has played the role of market buzzkill in recent months. Back in June, when Bitcoin tumbled from approximately $83,000 to the low $60,000s, the firm described the move as a “bear market fakeout.” At the time, the drop spooked traders who had been expecting a continuation of the broader uptrend that had defined much of early 2025.

Wintermute’s read was that the sell-off, while dramatic, didn’t constitute a structural breakdown. But crucially, the firm also stressed that a legitimate recovery would require clearer signals of institutional re-engagement. That was a month ago, and those signals still haven’t arrived in any convincing fashion.

The broader trajectory tells a sobering story. Bitcoin was trading near $83,000 before sliding more than 25% into the low $60,000s. The current bounce to $64,000 recovers only a fraction of that loss.

What this means for investors For Bitcoin holders and traders, the key metrics to watch are the ones Wintermute flagged. Spot ETF inflows need to turn consistently positive. Stablecoin market caps and on-chain velocity need to show capital is actually flowing back into crypto, not just sloshing around between existing participants.

Wintermute’s message is essentially: prove it. Until the on-chain data, ETF flows, and institutional activity start telling a different story, treating this as anything more than a temporary reprieve could prove costly.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

For years, big banks have railed against legal regulations that cap how much they can charge for debit-card fees – and now some industry leaders are reportedly eyeing a potential deal that could help them skirt around those limits.

In recent months, JPMorgan, Bank of America, Wells Fargo and PNC Financial Services Group have held tentative talks about a deal to acquire a network owned by fintech company Fiserv, according to the Wall Street Journal.

Under the 2010 Dodd-Frank law, known as the Durbin amendment, banks face caps on how much they can collect from merchants on debit-card transactions routed through an external network – but they are exempt from the rule if they also own the network.

Banks have railed against the 2010 Dodd-Frank law, which placed a cap on debit-card fees. Phushutter – stock.adobe.com There is no guarantee a deal will happen, and some of the banks that looked at the Fiserv network have already decided they are unlikely to move forward – while others are concerned about political backlash from regulators and merchants, sources told the Journal.

But the talks are a sign of how keen big banks are to hike transaction fees, especially after Capital One Financial completed its $50.6 billion acquisition of Discover Financial last year – securing its own network and allowing it to negotiate directly with merchants.

Wells Fargo, PNC and Fiserv declined to comment. JPMorgan and Bank of America did not immediately respond to The Post’s requests for comment.

Each time a customer swipes their debit or credit card at a register, the business needs to pay a small percentage of the total check to that customer’s bank in what is known as an interchange, or “swipe,” fee.

The Durbin amendment, which was signed into law by former President Barack Obama, gave the Federal Reserve the power to set limits on these fees for banks with $10 billion or more in assets – and Wall Street has been lambasting the cap ever since.

JPMorgan, Bank of America, Wells Fargo and PNC were reportedly involved in talks, according to the Wall Street Journal. Christopher Sadowski for NY Post Last year, US banks collected nearly $66 billion in credit- and debit-card interchange fees, accounting for roughly 11% of their noninterest income, according to the Federal Reserve Bank of St. Louis. 

But banks have argued that caps have unfairly limited the amount of interchange-fee revenue they can collect, restricting their ability to cover costs for free checking accounts and debit-card rewards programs, which have grown rare since the legislation was passed.

Merchants, however, have argued the law helps keep prices down, and that savings from lower interchange fees are ultimately passed along to the consumer.

Businesses typically pay an average of 34 cents, or 0.73% of the transaction total, in interchange fees, according to the Federal Reserve.

They also have to pay several other fees associated with debit- and credit-card transactions, including assessment charges to card companies and processing fees. 

Processing fees are charged by networks like STAR and Accel, which are owned by Fiserv.

Two accomplished and trailblazing leaders join the board as the company enters a new phase of growth globally

, /PRNewswire/ -- The Only Agency (TOA), the premier talent agency representing the world's most influential stylists, taste makers, culture influencers and creative directors, today announced the appointment of Nate Yohannes and Christy Haubegger to its Board of Directors. The appointments mark a significant milestone as the company enters a new chapter of strategic expansion, deepening its presence across fashion, media & entertainment, music, sports, beauty, the creator economy and international markets.

Mrs. Haubegger and Mr. Yohannes have exceptional experience in media & entertainment, marketing, cutting-edge technology, social media and management at the highest levels of some of the most influential companies in the world. Their contributions will be central to TOA's vision for the future of talent representation, media and cultural influence.

"We are continuing to build on our company's world class services and reach since I founded it in 2014. Our partnership with and the investment from Presidio Investors in late 2024 has enabled the current chapter of our evolution. Nate and Christy are the kinds of leaders who don't just understand this moment; they will help us define it. We couldn't be more excited to welcome them to the TOA family."
— Kent Belden, Founder & CEO, The Only Agency

The new additions are indicative of TOA's broader strategic ambitions. The agency—already home to industry-defining creatives including Law Roach, Dani Michelle, Frederic Aspiras, Nikki Nelms, Etienne Ortega, etc. —is actively expanding across sports, entertainment, bridal, and international markets, including a targeted push into the Gulf Cooperation Council (GCC) region and Saudi Arabia's rapidly growing creative economy.

The strengthened board will provide governance, strategic counsel, and global connectivity as TOA scales its operations, builds new brand partnerships, and deepens its integration with the media and technology sectors that are reshaping the talent, marketing and media & entertainment industries.

"The world is changing at an unprecedented rate and scale, and the work we do is as ambitious as the 300 billion + culture-making impressions we help shape for the brightest stars in the world. Christy and Nate are remarkable leaders that will provide us with sage counsel. On behalf of the company and investors, I welcome them and thank the outgoing directors for their contributions."
— Javier Saade, Chairman of the Board, The Only Agency

About Christy Haubegger

Christy Haubegger is a trusted strategic advisor for a range of talent including Eva Longoria, America Ferrera, and Shakira. Previously, she was EVP of Communications for WarnerMedia and oversaw corporate communications and marketing for WarnerMedia and all of its properties including Warner Bros., HBO and HBO Max, CNN, TBS, and TNT. Before joining WarnerMedia, Haubegger spent 15 years as a leader and agent at leading entertainment and sports agency, Creative Artists Agency (CAA). Before CAA, she was a motion picture producer for Fox's film "Chasing Papi" and Oscar-winner James L. Brooks' "Spanglish," starring Adam Sandler and Paz Vega, from Columbia Pictures. Prior to that, Haubegger founded and served as CEO of Latina magazine and quickly became the leading media platform for U.S. Hispanic women. She holds a B.A. in Philosophy from the University of Texas at Austin and a JD from Stanford Law School where she served as class president. Haubegger served on the board of Reese Witherspoon's Hello Sunshine until its sale to Blackstone in 2021, and previously served on the boards of Hudson Pacific Properties (NYSE: HPP) and Liberty Trip Advisor Holdings (NASDAQ: LTRPA).

 "The Only Agency lives up to its name; the artists and creative professionals they represent uniquely shape culture, how the world looks and expresses itself. The vision for this company is bold, the talent is incredible, and I'm proud to support the next phase of the company's growth."
— Christy Haubegger, Board Director, The Only Agency

About Nate Yohannes

Nate Yohannes is the President of AI & Data Innovation at Zeta Global (NYSE: ZETA), the world's leading AI marketing cloud. Before joining Zeta, Nate led a cutting-edge generative AI product at Meta, transforming the company's core advertising recommendation system to drive revenue growth as the product leader of AdsLLaMA. He previously served as Senior AI Product Manager for Creators at Instagram, where he integrated advanced AI technologies to empower content creators. Earlier, as Group Product Manager at Meta AI, he played a key role on the central AI team, focusing on large language models (LLMs) for Reels recommendations on Facebook and Instagram. Prior to Meta, Nate was Director of AI Product & Strategy in Microsoft's Office of the Chief Technology Officer where he spearheaded initiatives in autonomous systems and AI/ML. His earlier Microsoft roles included Director of Corporate Business Development, commercializing AI and IoT technologies. Before Microsoft President Obama appointed Nate to serve as Senior Advisor to the Chief Investment and Innovation Officer at the U.S. Small Business Administration. He led strategy and program management for a $36 billion private equity fund-of-funds and a $4 billion innovation seed fund, and served on the inaugural White House Economic Leadership Fellowship, White House Broadband Opportunity Council, and the White House Business Council. Prior to his government service, Nate was Associate General Counsel at the Money Management Institute, representing the securities industry during the regulatory overhaul following the Great Recession and the enactment of the Dodd-Frank Act. Nate is also a senior advisor to 137 Ventures, a $16 billion investment fund spun out of Founders Fund and an early investor in SpaceX, Anduril, Uber, Palantir, and Airbnb. He holds an MSc in Technology Leadership at Brown University and a JD from University at Buffalo School of Law.

"The Only Agency sits at a rare intersection of culture, commerce, and creativity. I'm honored to join its board at this pivotal moment and look forward to helping the team harness the power of technology to amplify the extraordinary ecosystem in which they play."
— Nate Yohannes, Board Director, The Only Agency

About The Only Agency

The Only Agency is one of the world's most elite creative management firms, serving as the powerhouse behind the biggest 'trendsetters' in fashion, beauty, sports and entertainment. We represent a curated roster of the industry's most sought-after creative talent - from leading fashion & wardrobe stylists, to beauty experts and visual artists. Our talent are visionaries who curate the iconic looks seen on red carpets, in global editorial spreads, and on worldwide stages - working with the world's biggest brands and the largest, most influential culture makers at events like the Oscars, Olympics, New York & Paris Fashion Weeks, Met Gala, Grammys, Golden Globes, and hundreds of other red carpets, music videos, movie premieres, rock concerts, award ceremonies, championship games, art exhibitions, and commerce shoots in between. We work with up-and-coming brands, Fortune 1000 companies, A-list celebrities, style makers and cutting-edge media influencers. We recently acquired Daily Front Row, continue to grow our presence in the Middle East, and launched a sports division, a bridal division and an interior design & architecture division.

MEDIA CONTACT
The Only Agency
[email protected]
www.theonly.agency

SOURCE The Only Agency

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Seagate (STX - Free Report) . This company, which is in the Zacks Computer - Integrated Systems industry, shows potential for another earnings beat.

This electronic storage maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 13.52%.

For the last reported quarter, Seagate came out with earnings of $4.1 per share versus the Zacks Consensus Estimate of $3.5 per share, representing a surprise of 17.14%. For the previous quarter, the company was expected to post earnings of $2.83 per share and it actually produced earnings of $3.11 per share, delivering a surprise of 9.89%.

Price and EPS Surprise

With this earnings history in mind, recent estimates have been moving higher for Seagate. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Seagate currently has an Earnings ESP of +1.75%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #1 (Strong Buy) indicates that another beat is possibly around the corner.

With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

XRP price slipped 1.83% to $1.12 in 24 hours, but weekly gains stayed near 10%. Ripple’s full MiCA approval in Luxembourg added a fresh regulatory boost for the company. The license provides Ripple with an opportunity to develop crypto services in 27 European Economic Area nations. 

The change was given as the broader crypto market demonstrated greater momentum on Tuesday. Bitcoin price remained in positive territory and gained more than 7% for the week. The shift was amidst declining U.S. stock and increased oil costs related to geopolitical strains. 

Market sentiment also rose following a second endorsement of pro-crypto policies by Donald Trump. Ether was trading around $1770 during the day. Final GENIUS Act rules are awaited by investors before July 18, 2026.

Ripple Secures Luxembourg CASP License Under EU MiCA Rules Ripple has also obtained complete MiCA licensure in Luxembourg, reinforcing its regulated crypto payments enterprise in Europe. This was approved by Luxembourg Commission de Surveillance du Secteur Financier, or CSSF. It provides Ripple with a Crypto Asset Service Provider license according to the MiCA regulations of the EU. 

The license gives Ripple passporting rights across the European Economic Area. That allows the company to offer regulated crypto services in all member markets. Ripple reported that the approval is after initial clearance in June 2026. The company is also licensed to use EU e-money license. 

This might be Ripple’s biggest European milestone in history…@Ripple $XRP has received full Crypto Asset Service Provider (CASP) under Europe’s MiCA regulatory framework.

As a result, it can now offer services to users in every single country in the European Economic Area… pic.twitter.com/OqntPe58Zp

— BSCN (@BSCNews) July 6, 2026

Both approvals combine to finance its banking, company, and business payment system. The framework provides a better compliance pathway of crypto transactions, said Ripple. The relocation can also aid XRP and Ripple RLUSD stablecoin in Europe. Cassie Craddock claimed that after transitioning MiCA, Ripple is all good and prepared to scale.

XRP Spot ETF Inflows Hit Eight-Week Streak With $1.49B Total XRP spot ETFs extended their eight-week inflow streak, with cumulative net inflows reaching $1.49B. SoSoValue data showed zero daily net inflow on July 6, after the latest update. Total net assets stood at $1.05B, equal to 1.47% of XRP’s market cap. 

Source: Sosovalue data The total value traded was at $14.48M among the listed funds. Bitwise’s XRP fund led with $330.84M in net assets. Canary and Franklin trailed behind with $265.30M and $261.68M, respectively. The XRP-linked products also logged market price gains above 5% at close.

Will XRP Price Hit $1.30 in July 2026? On the four-hour chart, the price of XRP was trading at 1.1278, just above the $1.12 support zone. The token lost its short-term rising channel at around $1.15. That area is now the initial defense in the way of any recovery effort.

A break above $1.15 might provide an opportunity to reach $1.20. That level remains the next major upside target on the chart, and if bulls mount more pressure, the XRP price will rally to $1.30 by the end of this month. However, failure to reclaim $1.15 may keep sellers in control.

Source: XRP/USDT 4-hour chart: Tradingview The RSI was close to 49, and the momentum was weak following the recent pullback. The MACD also displayed a weakened strength as bearish bars were being generated underneath the signal line. In case the XRP price drops by $1.12, the subsequent downside goal might be around $1.05.