Is XRP heading above $10 or is there something else to the story?
Ripple’s cross-border token is among the most polarizing, often being the center of attention within the cryptocurrency community for major price predictions (whether bullish or bearish).
One of the recent examples came from EGRAG CRYPTO, among the most optimistic XRP commentators on X, who outlined a highly favorable chart for the asset. On the other hand, shah wondered what all the hype is about the token.
XRP’s Chart Doesn’t Lie EGRAG has made some major price predictions in the past for XRP, many of which sound unreasonable now given the asset’s struggles to remain above $1.10. However, the analyst tends to focus on the long-term price performance, trying to isolate the structure from the noise and emotion.
In their latest post on the matter, they published a chart mapping out the token’s possible future movement. It first envisions a price dip to $0.95, which aligns with other analysts’ expectations for a new low beneath $1.00, before the next major leg up.
The promising green wick for the bulls charts a run toward a new all-time high and well above. In fact, EGRAG has frequently posted targets of up to $27 for XRP during the most intense expansions of the next bull cycle.
#XRP – CHART, No Comment 🤫:
Men Lie, Women Lie But Charts and Numbers do not Lie.
Structure > Noise > Emotion. ONLY FEW 🧠 pic.twitter.com/GLbM1W1Xpd
— EGRAG CRYPTO (@egragcrypto) July 7, 2026
What’s All This Hype? In contrast to EGRAG’s bullish charts on XRP, shah asked their over 400,000 followers on X to explain all the hype around XRP. They wondered, “Why on Earth would this coin ever go to hundreds per coin?”
You may also like: XRP Suffered 22% June Loss, but History Favors a Major July Rally Ripple (XRP) Keeps Dominating ETF Flows, but Cracks Are Starting to Show This XRP Signal Has Never Looked Worse, But is That the Setup? (Analyst) The comments below were quite unfavorable for the cross-border token and those who believe it may go beyond $100. Kendall Tart explained that a triple-digit price tag would require its market cap to rocket past $6 billion. This would make XRP bigger than Apple, which sounds far-fetched, to say the least, at the moment.
Others compared XRP holders to MAGA believers, indicating that Ripple’s CEO, Brad Garlinghouse, is “their president and his cabinet are paid influencers that say buzzword points that get regurgitated over multiple social media platforms.”
Another comment predicted that it can’t and won’t go anywhere near $100. Moreover, the user proclaimed XRP as “dead” given its tokenomics, never-ending selling pressure, and “horrible internal organization.”
Japanese companies are increasingly adding bitcoin and XRP to their corporate treasuries as a weak yen pushes firms to diversify beyond cash, according to SBI VC Trade.The exchange said registered accounts across its VCTRADE and BITPOINT services have surpassed 2 million, roughly doubling since 2025 and aided by its April 2026 merger with BitPoint Japan.Demand for stablecoins such as USDC, Ripple’s dollar-backed RLUSD and the yen-pegged JPYSC, along with new lending services, is helping drive crypto adoption among retail and corporate users in Japan.Japanese companies are turning to bitcoin and XRP as a weak yen pushes them to diversify their corporate treasuries, according to SBI VC Trade, as the crypto exchange's registered accounts passed 2 million.
The crypto arm of financial group Tokyo-based SBI Holdings said use of its corporate service, SBIVC for Prime, has grown as the weak yen drives firms to spread reserves beyond cash, with added demand from companies that hand out bitcoin or XRP through shareholder-perk programs.
It reported the account milestone on Tuesday, roughly double the 1 million it counted in 2025.
The 2 million figure combines its VCTRADE and BITPOINT services and follows SBI VC Trade's April 2026 merger with sister firm BitPoint Japan. The company plans to fully integrate the two brands around the end of December, which it said should cut costs and unify service levels.
Stablecoins have been a second driver. These are digital tokens designed to hold a fixed value against a fiat currency like the dollar or yen. SBI VC Trade listed USDC in March 2025 in what it called Japan's first dollar-stablecoin listing, and in June 2026 added Ripple's dollar-backed RLUSD alongside JPYSC, a yen-pegged token it described as the country's first trust-based yen stablecoin, and began offering lending against stablecoins.
CoinDesk reported the RLUSD launch in Japan earlier this year, which ran through SBI VC Trade under the country's approval regime.
The milestone tracks a broader pickup in regulated crypto access in Japan, where a strict licensing regime has kept the market smaller than in the U.S. or South Korea but is steadily drawing retail and corporate users as stablecoins and treasury strategies take hold.
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.
The US market for spot ETFs based on XRP has held its place in the top league, returning above the psychologically important threshold of $1 billion in net assets. According to a fresh report from SoSoValue, the combined assets under management of five funds stood at $1.05 billion.
However, a detailed look inside the sector shows that this comeback was not the result of new investment inflows, but a mathematical rescue driven by the price surge of XRP itself.
Math behind the comeback to billion-dollar clubThe US XRP ETFs returned to the billion-dollar threshold thanks to an organic recalculation of the value of their underlying holdings. Over the past week, the native cryptocurrency of the XRP Ledger posted a strong 10.5% gain, settling at $1.15 after a prolonged June decline toward the dangerous $1.00 mark.
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Since ETF balances are tightly tied to the market price of the coin, this price jump recalculated the sector's capitalization in favor of issuers and effectively saved a key institutional threshold from being lost in the eyes of major players.
Total XRP Spot ETF Net Inflow over the last 30 days, Source: SoSoValueThe breakdown of power among the funds as of July 7 looks as follows:
Bitwise (XRP): remains the largest player, with net assets returning to $330.84 million thanks to the price recovery and a local inflow of capital.Canary (XRPC): ranks second with $265.30 million.Franklin Templeton (XRPZ): confidently closes out the top three, accumulating $261.68 million. You Might Also Like
Real capital inflow, meanwhile, remained restrained. Over the reporting period, the funds collected a modest $17.19 million. Still, that was enough to extend the winning streak of inflows to nine consecutive weeks, bringing the cumulative figure since launch to $1.49 billion.
Large institutional investors are now clearly taking a wait-and-see position amid bureaucratic delays in Washington. The final vote on the CLARITY Act, which is expected to definitively establish XRP's status as a commodity, has shifted to late July or August 2026.
In this regulatory lull, the funds are simply holding their positions, while their return to billion-dollar status is entirely the achievement of XRP's revived spot price.
XRP (CRYPTO: XRP) remains in a downtrend, but positive signals from tokenized asset growth and on-chain scarcity signal sound network fundamentals.
Real-World Asset Demand SurgesAround $4 billion in tokenized real-world assets now sit on the XRP Ledger, according to market commentary shared by crypto researchers at EvernorthXRP in an X post on July 6.
This is almost four times the size of XRP’s spot ETF market.
Institutional use cases are also beginning to emerge.
Earlier this year, a tokenized Treasury redemption involving JPMorgan, Ondo and Mastercard reportedly settled on the XRP Ledger in about four seconds.
Spot XRP ETFs have also recorded eight straight weeks of net inflows, including about $23 million in the last full week of June and roughly $1.47 billion cumulatively.
Meanwhile, crypto researcher BankXRP noted that new XRP wallets climbed to 26,000 in the last full week of June, the highest weekly count since March and a 40% increase from the prior week.
"On-chain adoption doesn’t lie," the research said, asking whether XRP is in an accumulation phase or if "something bigger" is developing.
Binance XRP Scarcity Index Hits 1-Year HighIn an X post on July 6, CryptoQuant data shows the Binance XRP Scarcity Index rose to roughly 0.77 over the past three days, its highest level since mid-2024, while XRP traded near $1.10.
The increase suggests XRP availability on Binance has declined compared with previous periods, potentially due to lower deposits, higher withdrawals or more tokens moving into off-exchange holdings.
A rising scarcity index can point to reduced potential selling pressure, since fewer tokens are available for sale on the platform.
However, CryptoQuant noted that scarcity alone does not guarantee continued upside.
The key factor will be whether demand strengthens while exchange supply remains constrained.
Together, tokenized asset growth, ETF inflows, new wallets and shrinking Binance availability suggest XRP demand is appearing across multiple channels at the same time.
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In a notable recovery, the total net assets of US spot XRP based exchange traded funds have climbed back above the much watched $1 billion threshold. According to data from SoSoValue, the combined assets under management across five XRP ETFs reached $1.05 billion as of July 7, signaling renewed optimism among investors following weeks of volatility.
Price rebound, not new inflows, drives assets higherAlthough this surge in total value may look like a fresh wave of investor enthusiasm, the main driver is not a large influx of new capital. Instead, the climbing spot price of XRP has boosted the funds’ reported net assets, pushing them above the psychologically important $1 billion mark.
Over the past week, XRP’s price jumped 10.5 percent, rising to $1.15. After dipping close to $1 in June’s extended downtrend, this rebound has fed directly into the valuations of the ETFs. Because these funds are tightly linked to the underlying asset’s price, the appreciation has strengthened the outlook for both issuers and investors.
The latest rally in XRP price has pushed the total net assets of US spot XRP ETFs back above $1 billion; however, the principal factor behind this growth is the revaluation of existing holdings, not an inflow of new funds.
Bitwise leads the ETF competitionBitwise has retained its position as the largest manager in the XRP ETF segment, with its fund assets climbing to $330.84 million. This increase stems both from price recovery and a modest influx of local capital. Canary follows in second with $265.30 million, while Franklin Templeton rounds out the top three at $261.68 million. Known worldwide for its traditional financial products, Franklin Templeton’s prominence signals continued mainstream attention to XRP ETFs.
FundCodeNet AssetsBitwiseXRP330.84 million dollarsCanaryXRPC265.30 million dollarsFranklin TempletonXRPZ261.68 million dollarsDespite the rise in total assets, net new capital entering these funds remains modest. During the observed period, the combined net inflow amounted to just $17.19 million. Still, this marks the ninth consecutive week of net positive inflows since launch, with total accumulated inflows now at $1.49 billion.
Regulatory uncertainty continues to cool institutional demandMajor institutional investors remain cautious amid ongoing regulatory ambiguity. Delays in Washington’s legislative and rulemaking processes have led many large players to watch and wait instead of making significant commitments. In particular, the final vote on the CLARITY Act has been pushed to late July or even August 2026, amplifying the perception that key regulatory decisions are being postponed.
Glossary: The CLARITY Act is an ongoing legislative initiative aimed at clarifying exactly how digital assets should be regulated in the US. The bill seeks to resolve whether certain tokens are securities or commodities, reducing legal uncertainty across the industry.
With regulatory stagnation still pervasive in the market, funds have held their ground, and the renewed passing of the $1 billion mark is largely thanks to the spot recovery in XRP price.
This dynamic highlights that the recent surge in XRP ETF assets is less about soaring demand and more about improving market prices. While keeping the $1 billion level is seen as a critical milestone for funds, observers note that regulatory clarity will remain essential before institutional appetite truly accelerates.
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.
Seven days of green. Then this. XRP dropped 2.3%, tagged $1.11, and bounced. One red candle does not kill a rally. But it does ask the rally a question, and the answer is due at $1.11.
XRP trades at $1.13 as of July 7, 2026, down 2.3% over 24 hours, per CoinGecko. The day’s range: $1.11 to $1.16. Market cap $70.29 billion, still the sixth-largest asset in crypto. Volume did not go quiet during the dip. $1.44 billion changed hands in 24 hours. Sellers showed up. Buyers met them at $1.11.
The Unique Angle: the first pullback, and where it stopped Zoom out one week and the red day shrinks. XRP is still up 8.1% over seven days, one of the stronger prints in the top 10, behind only ETH’s 11.7% and SOL’s 10%. Today was not a trend change. It was the first profit-taking session of the move, and the location of the bounce is the actual news.
The intraday chart tells it plainly. XRP opened near $1.15, bled through the European session, knifed to $1.11 around 15:00, and reversed. No panic wick below. No cascade. The dip found bids exactly where a healthy uptrend should find them: at the top of the old range, roughly where the breakout started. Also worth saying: XRP fell 2.7% against Bitcoin today. The pullback is partly rotation back into BTC, not just XRP weakness. That distinction matters for what comes next.
The other side. First pullbacks are also where failed rallies announce themselves. A bounce on day one proves nothing until it holds on day two. If $1.11 gives way tomorrow, this stops being a dip and starts being a top. Both readings are live. The level decides.
The One Number That Matters $42.6 billion. That is the gap between XRP’s fully diluted valuation ($112.91 billion) and its market cap ($70.29 billion).
Translation: 62.24 billion XRP circulate today out of a 100 billion maximum. Nearly 38 billion tokens, most of them in escrow, sit outside the market and are released on a schedule. At today’s price, that is a supply overhang worth 42.6 billion dollars standing behind every rally. It does not sell all at once, and much of each monthly release historically goes back into escrow. But it is the structural reason XRP rallies carry a built-in headwind that Bitcoin’s do not: the float grows. Anyone modeling XRP at three dollars is really modeling demand strong enough to absorb both the market and the schedule. On the constructive side, CoinGecko’s treasury tracker shows about 473.3 million XRP held in corporate treasuries, a small but real pool of supply that has chosen to sit still.
Key Levels Support: $1.11, today’s low and the line the bounce drew. Below it, the round $1.00, which is more psychology than chart but XRP has respected round numbers forever. Resistance: $1.16, today’s high. Reclaim it and the pullback is finished business. The map is narrow. $1.11 to $1.16. Five cents decide the week.
Supporting Context The pullback landed on a green board, which cuts both ways. Bitcoin held near $63,300, up 6.4% on the week. Ethereum led the majors at +11.7%. When the market rises and one major falls, the simplest explanation is usually the right one: XRP outran the pack early, and today the pack collected the spread. Rotation, not rejection. Unless $1.11 breaks, in which case rewrite that sentence.
Seasonality watchers will also note the calendar. July has historically been kind to XRP; this site has covered that pattern before, including the outsized July 2020 gain of 48%. Patterns are not promises. They are context. A 2.3% dip on July 7 does not repeal a monthly tendency, and a monthly tendency does not guarantee a green close. Hold both thoughts.
Bottom Line One red day after seven green ones is maintenance, not damage. The bounce at $1.11 was clean, the volume stayed real at $1.44 billion, and the weekly gain of 8.1% is intact. The bear case needs a close below $1.11 to exist. The bull case needs $1.16 back to resume. Until one of those happens, this is a rally catching its breath. XRP is at $1.13. Down on the day. Up on the week. Still above the line that matters.
This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research.
Frequently Asked Questions What is the XRP price today? XRP trades at $1.13 as of July 7, 2026, down 2.3% over 24 hours, with a market cap of $70.29 billion and $1.44 billion in daily volume.
Why is XRP down today? The data points to profit-taking after an 8.1% weekly gain and rotation back toward Bitcoin: XRP fell 2.7% against BTC while the broader market stayed green. The dip stopped at $1.11 and bounced.
Is the XRP rally over? Not on this evidence. The weekly uptrend is intact and the first pullback held support at $1.11. A daily close below $1.11 would be the first real warning; reclaiming $1.16 would resume the move.
How much XRP is in circulation? About 62.24 billion XRP out of a 100 billion maximum supply. Roughly 38 billion tokens remain outside circulation, most held in scheduled escrow releases.
What is XRP's fully diluted valuation? About $112.91 billion at today's price, versus a $70.29 billion market cap. The $42.6 billion gap represents the value of tokens not yet in circulation.
Can XRP hold above $1? $1 is the major psychological floor and sits below the nearer support at $1.11. As long as $1.11 holds on a closing basis, the $1 question stays academic.
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Japanese crypto exchange SBI VC Trade says registered accounts surpassed 2 million, underscoring rising domestic demand for digital assets.
Companies are increasingly turning to Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) for treasury diversification.
In an official filing, SBI VC Trade, a consolidated subsidiary of SBI Holdings, said accounts crossed 1 million in the year 2025. The significant leap can be attributed to its regulated exchange services, staking products, lending offerings and stablecoin expansion.
SBI VC Trade also highlighted growing corporate demand through its "SBIVC for Prime" service, saying it has gained traction among companies holding and using crypto assets amid the weaker yen and broader treasury diversification efforts.
The firm said Japanese companies are also increasingly using Bitcoin and XRP in shareholder benefit programs, where crypto assets are distributed as part of investor rewards.
SBI VC Trade has expanded beyond spot crypto trading into staking, lending and stablecoins.
The company began handling USDC in March 2025 and added Japan’s first yen-denominated trust-type stablecoin, JPYSC, along with Ripple’s RLUSD in June 2026.
The firm said its longer-term goal is to become Japan’s top crypto exchange while supporting on-chain finance and stablecoin adoption.
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As financial infrastructure providers turn to blockchain-based solutions to overhaul cross-border payments, the institutional use of stablecoins is rapidly expanding. The latest example is Nuvion’s integration of Ripple’s RLUSD stablecoin into its global banking and payments platform.
Unified access to fiat and digital assets via a single APIBy adding RLUSD to its AI-powered platform, Nuvion aims to deliver faster reconciliation to corporations and fintech firms. With this integration, users can seamlessly access blockchain-enabled payment flows without disconnecting from traditional financial infrastructure.
The inclusion of RLUSD marks another step in broadening Nuvion’s unified finance platform. Now, businesses can transition between fiat currencies and digital assets through a single API, enabling the use of various payment channels within the same ecosystem.
Mini glossary: RLUSD is a stablecoin developed by Ripple, designed with regulatory compliance in mind. XRPL is the open-source blockchain network in Ripple’s ecosystem, focusing on digital asset transfers.
Cross-border payments have long struggled with issues such as redundant intermediary banks, high transaction costs, delayed transfers, and limited transparency. These challenges can put pressure on company cash flows, complicate treasury management, and slow the pace of international trade.
Accelerating settlement for institutional paymentsNuvion believes that integrating RLUSD could help alleviate many of these pain points. The company’s solution aims to offer near real-time settlement, more efficient liquidity management, and blockchain-based payment options tailored for institutional use.
Nuvion CEO Keisha Clark explained that the future of global payments is real-time, programmable, and borderless, and that RLUSD integration will enable businesses to access faster settlements, greater flexibility, and modern financial services through a unified platform.
With this expanded platform, businesses can manage treasury operations across multiple currencies and embed stablecoin payments directly into their applications—without having to set up their own blockchain infrastructure. This approach may simplify payment processes and reduce technical burdens for enterprises.
Ripple strengthens RLUSD role in institutional paymentsThe partnership also supports Ripple’s strategy to promote RLUSD in enterprise payment networks. Ripple, a financial technology leader in digital payment solutions, focuses on using blockchain infrastructure for cross-border transfers.
RLUSD can be utilized on both the XRP Ledger and Ethereum networks, providing companies with access to multiple blockchain ecosystems while supporting greater liquidity in Ripple’s digital payments network.
Regulatory-compliant stablecoins are standing out as key instruments bridging the gap between traditional finance and blockchain, especially as demand grows for faster, more efficient global transactions.
Nuvion’s RLUSD integration is viewed as a significant step toward continuous, compliance-focused, and programmable networks for corporate payment infrastructure. This transformation is expected to improve payment flows in cross-border trade.
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.
The XRP Ledger has moved closer to activating its xrpld v3.2.0 upgrade after more than 55% of trusted validators adopted the latest software version.
Summary
XRP Ledger validator adoption of xrpld v3.2.0 has climbed above 55%, moving the network closer to upgrade activation. The release introduces infrastructure updates, security fixes, and the official rename from rippled to xrpld. The fixCleanup3_2_0 amendment has 40% support, while developers continue monitoring validator migration issues. According to XRP Ledger Explorer data, 84 trusted validators, or 55.63% of the validator set, are now running xrpld v3.2.0. The latest software has also been installed on 353 network nodes, accounting for 42.12% of all nodes. By comparison, version 3.1.3 remains active on 58 validators, representing 38.41% of the validator set, and on 440 nodes, or 52.51% of the network.
XRP Ledger v3.2.0 adoption across validators and nodes | Source: XRPL Explorer On the XRP Ledger, trusted validators are responsible for approving protocol changes, while regular nodes follow the decisions made by the trusted validator list. Under the network’s governance rules, a protocol amendment requires support from more than 80% of trusted validators for two consecutive weeks before it can be activated.
Based on the current figures, roughly another quarter of the validator set must migrate to v3.2.0 before the upgrade can move toward activation.
Latest release introduces infrastructure and security changes Released as xrpld v3.2.0, the software package includes infrastructure updates, developer improvements, and bug fixes across the XRP Ledger. One of its most notable changes is the official renaming of the network’s main server software from rippled to xrpld, following the XLS-0095 proposal.
Beginning June 15, the upgrade changed configuration paths, server metadata, database directory locations, and version naming conventions. As a result, validator operators and node administrators are required to update deployment scripts and server configurations before completing the migration.
Alongside the software release, developers also introduced the fixCleanup3_2_0 amendment. According to the release documentation, the amendment contains security-related fixes covering Single Asset Vaults, the Lending Protocol, permissioned decentralized exchanges, Multi-Purpose Tokens (MPTs) and permissioned domains.
The proposal also adds new invariant checks designed to prevent deleted accounts from leaving residual ledger data, improving ledger consistency. In addition, the update allows developers and users to access XRP Ledger protocol information and server definitions without operating a full server, a change intended to simplify integrations for wallets, APIs, blockchain explorers and other automated services.
Amendment voting still has ground to cover Even as validator adoption of the software continues to climb, support for the attached fixCleanup3_2_0 amendment remains well below the activation threshold. Current network data shows the amendment has secured roughly 40% support, leaving it far short of the supermajority required for approval.
Ripple has publicly supported the amendment, helping strengthen confidence around the proposed changes. Separately, the XRP Ledger Lending Protocol recently passed an independent security audit, adding another layer of reassurance for the lending-related fixes included in the amendment.
At the same time, developers continue to monitor issues reported during validator migrations. A GitHub issue tracked under report #7581 describes a case where the service log displayed the correct new validator public key while the running server continued using the older public key stored in the wallet database.
The report attributes the discrepancy to validator migration behavior rather than the protocol itself, highlighting an operational issue that node operators may need to address as adoption of xrpld v3.2.0 continues to expand.
Ripple has secured full MiCA approval in Luxembourg as XRP spot ETFs have extended their inflow streak to eight consecutive weeks, even as XRP traded lower over the past 24 hours.
Summary
Ripple has secured a full MiCA license in Luxembourg, allowing regulated crypto services across the European Economic Area. XRP spot ETFs have extended their inflow streak to eight weeks, with cumulative net inflows reaching $1.49 billion. XRP is holding near key technical support around $1.12 as traders watch for a move toward $1.15–$1.18. According to Ripple, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) has granted the company a Crypto-Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets (MiCA) framework.
It’s official: Ripple has received its EU CASP license. We are now fully MiCA-compliant and ready to meet growing European crypto demand https://t.co/I9GRgvfGzH
— Ripple (@Ripple) July 6, 2026 The approval allows Ripple to passport regulated crypto services across all 27 European Economic Area member states, strengthening its regulated payments business in the region.
According to data from crypto.news, XRP (XRP) traded at around $1.13 on Tuesday, down 1.1% over the previous 24 hours, although the token remained nearly 9% higher for the week. The decline came while Bitcoin held onto weekly gains of more than 10%, despite weakness in U.S. equities and higher oil prices linked to geopolitical tensions.
Investors also continued to watch developments surrounding the final version of the GENIUS Act, expected before July 18, while Ether changed hands near $1,800.
Ripple adds another EU regulatory approval Following its initial MiCA clearance in June, Ripple said the newly issued CASP license completes its authorization process under the EU’s digital asset rules. The company noted that the approval complements its existing European e-money license, allowing it to offer regulated crypto payment services throughout the European Economic Area.
Ripple said the combined regulatory approvals support its cross-border payments business serving banks, financial institutions, and enterprises while providing a clearer compliance framework for crypto transactions. The company also expects the licensing framework to support adoption of both XRP-based payment products and its RLUSD stablecoin in Europe.
Commenting on the development, Ripple’s Managing Director for the UK and Europe, Cassie Craddock, said the company is now fully prepared to expand under the MiCA framework after completing the regulatory transition.
We’re fully licensed in Europe and excited to keep building on the incredible momentum of recent months. Let’s go!🚀 https://t.co/LVKKKgpKVX
— Cassie Craddock (@CraddockCJ) July 6, 2026 Technical indicators also suggest XRP is testing an important level following its recent rally. On the 4-hour chart, the token is trading near the 61.8% Fibonacci retracement around $1.12 while remaining above the Supertrend support near $1.11.
XRP 4-hour price chart — July 7 | Source: crypto.news At the same time, Chaikin Money Flow has stayed slightly above zero, indicating buying interest has not fully disappeared despite the recent pullback.
ETF demand continues supporting XRP Institutional interest has remained steady alongside Ripple’s regulatory progress. According to SoSoValue, XRP spot exchange-traded funds have now recorded eight consecutive weeks of net inflows, with cumulative net inflows reaching $1.49 billion.
SoSoValue data showed no new daily inflows on July 6, but cumulative assets under management continued to stand at approximately $1.05 billion, representing about 1.47% of XRP’s total market capitalization.
Trading activity across listed XRP spot ETFs reached $14.48 million during the latest session. Bitwise’s XRP fund remained the largest with $330.84 million in net assets, followed by Canary at $265.30 million and Franklin at $261.68 million. According to SoSoValue, the XRP-linked investment products also finished the session with gains of more than 5%.
From a technical perspective, XRP continues to move within a descending corrective channel after climbing from roughly $1.02 to $1.18 earlier this month. Holding above the $1.12 support zone could keep attention on resistance near $1.15 and the recent high around $1.18, while a break below that level would expose the next support near the 50% Fibonacci retracement around $1.10.
Another analyst outlined an 'insane' correlation between ETH and the copper/gold chart.
Ethereum’s slow and gradual rebound from the $1,500 lows reached recently continues, but the asset is now testing one of the most important resistance lines on its path to recovery.
Analysts are convinced that breaking through this level will open the door for a run to $2,000 and even beyond. For now, though, it remains a mirage.
Can ETH Break Through? With ETH trading close to $1,800, analyst Ali Martinez noted that this is the key bullish trigger that needs to fall decisively. In a post on X, he explained that its significance stems from the fact that the 0.8 MVRV Pricing Band is positioned there as resistance.
He predicted that a daily close above it, followed by a successful hold as support, would “strengthen the bullish case and could open the door for a move toward Ethereum’s Realized Price at $2,245.” Recall that the altcoin hasn’t traded above $2,000 in a month, and the last time it stood at its Realized Price was in mid-May.
Martinez doubled down on the importance of the $1,800 level, suggesting that the TD Sequential resistance trendline also sits there.
“A break above both $1,796 and $1,816 could trigger a bullish breakout. From a technical perspective, such a move would also increase the probability that ETH breaks through the top of the channel at $1,844 and begins marching toward the $2,245 Realized Price.”
Fellow analyst Ted Pillows shared a similar opinion, noting that ETH recently challenged the $1,820-$1,850 resistance, only to be rejected. The good news is that it continues to trade above $1,750, and Pillows predicted a surge to $2,000 if the aforementioned resistance is reclaimed.
Insane Correlation Michaël van de Poppe, on the other hand, outlined a rather unexpected correlation that would support the narrative for a bigger Ethereum rally soon. He noted that the “business cycle is often phrased through the copper/gold chart,” which was evident during the 2017 and 2021 cycles. Only the 2024 cycle didn’t see such a positive correlation.
You may also like: Bitmine Buys Another 42K ETH as 5% Supply Goal Comes Within Reach Bitcoin (BTC) Dips Below $62K, Ethereum (ETH) Plunges 6% Daily: Market Watch 5 Reasons Why Bitcoin Just Crashed Below $63K as Liquidations Top $500M He believes the chart between the precious metals is a “great indicator of market momentum” that has just broken upwards massively, and it has “flipped a 4-year-long downtrend up to an upwards trend.”
“Usually, ETH follows through, although with some lag, as there needs to be more confidence in the markets. A matter of time until the crypto markets are finally picking up momentum,” he concluded.
On Tuesday, July 7, 2026, Ethereum remained one of the key assets under close watch by investors. Market attention is now focused on whether Ethereum’s price can reclaim a critical breakout level, a step seen as crucial for strengthening the bullish outlook. Technical analysis highlights the need for sustained moves above certain levels to signal a clear return to upward momentum.
Key resistance area in focusAt the time this report was prepared, Ethereum was trading at $1,766. The daily loss was mild at 0.13%, while trading volume surged 56.03% to reach $17.32 billion. Despite short-term price weakness, the volume uptick suggests that traders remain uncertain about the market’s next direction.
Crypto analyst Ali Martinez notes that Ethereum is currently testing the 0.8 MVRV price band at $1,796. According to Martinez, this region acts as resistance, while the $1,800 zone could trigger further upside if broken decisively.
Ali Martinez stresses that a daily close above $1,796 and turning this level into support is needed for Ethereum’s bullish scenario to strengthen.
The MVRV (Market Value to Realized Value) is an indicator tracking the relationship between market cap and realized value, often used by analysts to identify historically expensive or discounted price zones. Realized price refers to the average acquisition cost of coins based on their last on-chain movement.
Mini glossary: The MVRV price band is a technical framework derived from the market value to realized value ratio. Realized price represents the average cost basis of circulating coins, calculated according to their most recent on-chain transfers.
Martinez points out that the $1,796 level is important not only as horizontal resistance but because it coincides with key technical indicators. The TD Sequential resistance line sits close by, while the risk line is positioned at $1,816. Should Ethereum move above both $1,796 and $1,816, the next focus becomes the channel resistance at $1,844. If this area is surpassed, the longer-term realized price target at $2,245 comes into play.
LevelTechnical significance$1,760Nearby liquidity zone$1,796Main resistance and critical breakout threshold$1,816TD Sequential risk line$1,844Channel resistance$2,245Realized price targetDerivatives volume rises, open interest dipsData from CoinGlass shows heightened activity in Ethereum’s derivatives market. Futures volume jumped 72.57% to $45.93 billion. In contrast, open interest slipped by 0.89%, now totaling $24.40 billion. The dominant funding rate stood at 0.0065% for open positions.
A liquidation heatmap reveals that Ethereum is trading close to a significant liquidity pocket around $1,760. This level has become a critical area where price momentum stalled after brief surges above $1,800. A dip below $1,760 could undermine Ethereum’s short-term technical structure.
Upward liquidity clusters are concentrated at $1,800, $1,830, and $1,850, which largely aligns with the main breakout range highlighted in the technical analysis.
Moving averages and RSI send mixed but constructive signalsTechnical indicators reveal Ethereum’s price is oscillating between two key short-term moving averages. It has stalled below the 50-day exponential moving average at $1,804.1, which now acts as near-term resistance. However, Ethereum remains above its 20-day EMA at $1,709.60, a level currently providing support.
On a longer horizon, significant resistance barriers remain. The 100-day EMA stands at $1,967.6, and the 200-day EMA is at $2,251.0. Altogether, the market structure suggests that Ethereum must overcome multiple resistance levels to accelerate a broader recovery.
The relative strength index also signals growing buyer strength. The RSI is now at 55.18, with its average at 43.19. While these numbers do not suggest overbought conditions, analysts emphasize that a clear break above resistance is needed to sustain the current uptrend.
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.
The cryptocurrency market continues to struggle with dominant headwinds, with Bitcoin (BTC) hovering around the short-term $63,000 support, Ethereum (ETH) holding below $1,800 and Ripple (XRP) testing the demand area at $1.13.
Although the crypto Fear & Greed Index edged up to 27 on Tuesday from 24 the day before, sentiment remains firmly entrenched in Fear territory.
Persistent headwinds in the spot market, driven by the absence of major catalysts and ongoing macroeconomic uncertainty, continue to constrain momentum.
Crypto Fear & Greed Index | Source: AlternativeBitcoin, Ethereum attract capital inflows as XRP lagsBitcoin spot Exchange-Traded Funds (ETFs) are experiencing a steady return in inflows totaling $266 million on Monday and $222 million on Friday. The return of inflows broke an extended period of outflows, tracking back to June 16. Meanwhile, cumulative inflows stand at $51 billion, with net assets under management averaging $77 billion. If sustained, the inflows could boost Bitcoin’s recovery outlook.
Bitcoin ETF flows | Source: SoSoValueThe bullish outlook extends to Ethereum, as spot ETF outflows logged their third consecutive day of inflows, including roughly $15 million on Thursday, $29 million on Friday and approximately $21 million on Monday. Cumulative inflows hold steady at $11 billion, while net assets under management stand at near $10 billion.
Ethereum ETF flows | Source: SoSoValueAs for XRP, investor interest remains on the back foot, given the spot ETFs failed to register any flows on Monday. SoSoValue data shows an outlier of nearly $7 million in inflows on Friday. Meanwhile, cumulative inflows remain steady at $1.49 billion, while net assets under management average $1 billion.
XRP ETF flows | Source: SoSoValueRetail participation in the XRP derivatives market continues to weaken, as evidenced by a steady decline in perpetual futures Open Interest (OI). CoinGlass data shows OI slipped to $2.38 billion on Tuesday, extending a downtrend from $2.39 billion on Monday and $2.58 billion on Sunday.
From a broader perspective, current OI levels remain a fraction of the July 22 peak at $10.94 billion. Unless retail demand rebounds, a meaningful near-term recovery appears unlikely amid persistent investor fatigue.
XRP Futures OI | Source: CoinGlassPrice analysis: Bitcoin stays under pressureBitcoin trades above $63,000, keeping a bearish near-term bias as price remains below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) at $65,681, $69,349 and $75,460 respectively. The Parabolic SAR around $58,976 offers the nearest technical floor.
Meanwhile, momentum is mixed, with the Relative Strength Index (RSI) hovering just below the neutral 50 mark on the daily chart and the Moving Average Convergence Divergence (MACD) histogram holding in positive territory but not yet signaling a strong bullish acceleration.
BTC/USDT daily chartOn the topside, immediate resistance lies at the 50-day EMA at $65,681, followed by the 100-day EMA at $69,349 and then the more strategic 200-day EMA near $75,460, which collectively cap the broader recovery attempts. On the downside, initial support is highlighted by the Parabolic SAR level at $58,976, where buyers could attempt to slow any deeper pullback before the pair re-evaluates the current bearish structure.
Altcoins technical outlook: Ethereum and XRP decline amid mounting downside risksEthereum holds below a dense layer of moving average resistance and thus retaining a capped, mildly bearish near‑term tone. The spot price remains under the 50‑day EMA at $1,806, with the 100‑day EMA at $1,969 and the 200‑day EMA at $2,252 stacked higher, reinforcing the broader downside bias under the prevailing downward resistance trendline.
Momentum is constructive, with the MACD above zero and the RSI near 55 on the daily chart, which hints at recovery potential but does not yet negate the overhead technical barriers.
ETH/USDT daily chartInitial resistance emerges at the 50‑day EMA around $1,806, followed by the 100‑day EMA at $1,969 and then the 200‑day EMA near $2,252, where the longer‑term downtrend line also weighs, forming a broader supply zone. On the flip side, the latest Parabolic SAR reading at $1,592 offers the next notable support level. A break toward that area would signal fading bullish momentum, while a sustained move above $1,806 would be the first step toward easing the current bearish cap.
XRP, on the other hand, trades at $1.13, keeping a bearish near-term bias as price holds within a downward parallel channel and below the 50-day, the 100-day and the 200-day EMAs at $1.18, $1.28 and $1.50 respectively.
The pair also hovers closer to the lower half of the channel, with the Parabolic SAR offering support at $1.02 while the RSI eases back from the mid-50s on the daily chart, hinting at waning bullish momentum after the recent bounce.
XRP/USDT daily chartInitial resistance lies at the channel top near $1.17, followed by the 50-day EMA at $1.18, with the 100-day EMA at $1.28 and the 200-day EMA at $1.50 reinforcing a broader cap on recovery attempts. Looking down, immediate support emerges at the Parabolic SAR level around $1.02, ahead of the structural floor at the channel bottom near $0.83, where a break would likely extend the prevailing downtrend within the current daily structure.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.
U.S. President Donald Trump restated his approval of cryptocurrency, asserting American leadership and rejecting the regulatory measures. The record stablecoin transactions and growth of Ethereum as an asset in digital finance keep bringing market and institutional interest. President of America, Donald Trump, reasserted his support for cryptocurrency during his recent speech as part of the growing relevance of cryptocurrency in international financial markets. In an interview, Trump stressed the need for America to stay ahead as digital assets expand internationally.
Trump said:
“I’m a big crypto guy only for one reason. If we don’t have it, China is going to have it. They would like to have it. I wasn’t initially. I didn’t know much about it. But I watched it grow, and it’s a huge industry.”
However, there was criticism of the previous government’s policies related to the digital currency industry and cryptocurrency-related companies. He said that regulations caused additional stress for the industry while it was growing.
Trump added:
“I went very pro-crypto, as you know; Biden was totally against it. But he had no idea what crypto is. They were very violently against it. What they were doing to crypto was horrible. Amazingly, it survived that onslaught.”
These comments were made during the unveiling of the new savings program by Trump called Trump Accounts. Bitcoin is not included in the program now; however, it may be considered later.
Blockchain and Stablecoin Transactions Continue Growing In addition to statements from Trump, blockchain continued to show increasing signs of adoption in digital asset markets. Stablecoin transactions grew to a historic high of $1.79 trillion in June, as adoption continues to grow within the blockchain payment networks.
USDT and USDC are the leading stablecoins in terms of circulation. Ethereum, Tron, and Solana still have the largest number of stablecoins and their transactions. Regulated adoption of stablecoins could potentially increase activity within these blockchain networks, according to market analysts.
Attention also returned to Ethereum following comments made by analyst Vivek Raman on its future use within tokenized financial markets. According to Raman, Ethereum could eventually host trillions of dollars worth of tokenized assets and financial products as blockchain adoption grows. He reiterated his long-term Ethereum price forecast at $250,000, although he admits this would take some more time.
Market Attention on Adoption Continues The latest comments from Trump, in addition to high stablecoin transaction volumes, have continued to garner attention in cryptocurrency markets. Investors and analysts continue to keep their eyes on the increasing presence of Ethereum in tokenization and blockchain technology. Despite the continued attention paid to regulations, institutional adoption, and blockchain usage, it becomes increasingly clear that digital assets are becoming a bigger part of the financial system.
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In This Article Korea's XRP Ripple Premium Is Structural, Not AccidentalWhale Activity and Exchange Outflows Back the Retail StoryXRP Price Context: Recovery in Progress, Global Volume Softer XRP Ripple has reclaimed the top spot on Upbit, South Korea’s largest cryptocurrency exchange, with $52.33M in 24-hour trading volume, outpacing Bitcoin at $42.14M and Ethereum at $24.30M on the same venue.
Roughly 10% of Upbit’s entire $493.74M daily crypto exchange volume was in XRP while the two largest coins by global market cap finished second and third.
(SOURCE: CoinGecko)
The gap matters because Bitcoin and Ethereum represent the default institutional benchmarks for crypto demand. When XRP trading volume overtakes both on a major regulated exchange, it is a signal that Korean retail capital is rotating toward the token with intention, not just chasing a news headline.
Even with XRP dominating trading volume in South Korea, the token is trading at $1.13, down -1.4% over the past 24 hours, with overall daily trading volume at just over $1.71Bn.
Korea’s XRP Ripple Premium Is Structural, Not Accidental The current volume snapshot fits a pattern that has been building for years. According to Upbit’s own disclosure, XRP was the exchange’s largest digital asset by cumulative trading volume in 2025, surpassing $1 trillion in trading volume on the platform and exceeding Bitcoin’s total.
Ryan Yoon, an analyst at Tiger Research cited by Investing.com, attributes the sustained dominance to South Korean retail investors, particularly those in their 40s and 50s, rotating capital out of domestic and US equities and back into crypto, with XRP as their primary target.
Earlier this year, XRP trading volume on Upbit surged 289% in a single hour during a momentum window, compared to a 128% increase on Binance over the same period.
The divergence illustrates just how sensitive the Korean crypto market is to XRP price catalysts relative to global venues. PANews reports that approximately 15% of global XRP trading volume now originates from South Korea.
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Whale Activity and Exchange Outflows Back the Retail Story 🚨🚨🚨Something interesting is happening with $XRP liquidity.
Upbit just took the top spot in XRP trading volume, beating Binance, Coinbase, and every other global exchange on the heatmap.
Liquidity is positioning before headlines catch up.
Why is South Korea betting on $XRP? pic.twitter.com/OG61uKXEo1
— X Finance Bull (@Xfinancebull) March 8, 2026
The volume data is one half of the picture. The other is where the coins go after they are traded. In May, an unidentified investor withdrew 6.3 million XRP from Upbit in a single transaction.
Around the same time, on-chain data tracked by CoinGlass showed whale investors, large holders whose moves can shift market structure, pulled $135M worth of XRP off exchanges in a single week.
Exchange outflows, where coins move from trading platforms into private wallets, are a standard on-chain metric (a measure derived directly from blockchain transaction data) interpreted as accumulation rather than selling preparation.
Data from CoinGlass shows net XRP outflows from exchanges totaled $30.38M over the past seven days and $147.50M over the past month.
That combination, high spot trading volume on Upbit alongside sustained net outflows globally, suggests two distinct buyer cohorts: active Korean retail traders on one side and longer-horizon accumulators on the other.
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XRP Price Context: Recovery in Progress, Global Volume Softer The "3rd Retest" would be a gift 🎁 $XRP https://t.co/VaSUr4R1OR pic.twitter.com/kRbJ4Sc36Z
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) July 6, 2026
On the XRP Ripple price, the token bottomed at $1.01 during last month’s broader market selloff before recovering to approximately $1.14, a 12.87% rebound. Over the past week, it is up +8%, with a -1.4% loss in the most recent 24-hour window. XRP’s current market capitalization is roughly $77Bn, ranking it sixth among cryptocurrencies globally.
One counterpoint worth flagging: global XRP trading volume over the same 24-hour period fell 31% to approximately $1.21Bn. The strength on Upbit is therefore a Korean-specific phenomenon running against a softer global backdrop, not a uniform global surge.
That divergence reinforces the argument that domestic Korean crypto market dynamics, retail rotation, KRW liquidity depth, and Ripple’s longstanding relationships with Korean remittance providers are doing the heavy lifting.
Institutional demand is also building alongside the retail story. XRP-linked ETFs have attracted over $1.21Bn in cumulative inflows globally, according to data cited by TradingView, while Bitcoin and Ether spot ETFs recorded net outflows over the same period.
That institutional channel may eventually decouple XRP’s Korean spot activity from pure retail sentiment and anchor it to a broader demand base.
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Bitmine Immersion Technologies (NYSE: BMNR), the leading corporate Ethereum treasury company chaired by Tom Lee, has continued its aggressive accumulation strategy with the purchase of 42,197 additional ETH over the past week. The latest batch brings the firm’s total Ethereum holdings to 5,742,237 tokens, representing approximately 4.8% of Ethereum’s circulating supply of roughly 120.7 million tokens.
This steady pace of buying aligns with Bitmine’s long-term “Alchemy of 5%” objective of securing a meaningful ownership stake in the world’s leading smart contract platform.
Chairman Tom Lee emphasized that the company has sustained consistent acquisitions throughout 2026 and expressed confidence that the target could be reached later this year.
He described the current environment as the early stages of a “crypto spring,” driven by improving market sentiment and expectations for greater regulatory clarity around digital assets.
As of July 5, 2026, Bitmine’s overall portfolio of digital assets, cash, marketable securities, and strategic investments reached $11.1 billion.
The treasury includes the substantial ETH position (valued at prevailing market prices near $1,800 per token), 206 Bitcoin, approximately $527 million in cash and securities, and targeted stakes in ventures such as Beast Industries ($180 million) and Eightco Holdings (NASDAQ: ORBS, $71 million).
These “moonshot” positions provide indirect exposure to emerging technologies and sectors beyond core crypto holdings.
A significant portion of Bitmine’s Ethereum—around 85% or 4,879,157 tokens—is already staked through its MAVAN (Made in America VAlidator Network) platform and partner infrastructure.
This staking activity generates attractive yields and is projected to deliver roughly $235 million in annualized rewards at current levels, with potential upside as more assets move into staking.
Lee highlighted that Bitmine now stakes more ETH than any other entity globally, underscoring its position as the premier Ethereum-focused treasury operator.
The company’s approach contrasts with Bitcoin-centric treasury strategies, positioning Ethereum as its primary reserve asset while leveraging native protocol features like staking and decentralized finance.
Bitmine benefits from backing by prominent institutional investors and recently gained inclusion in the Russell 1000 Large-Cap Index, which is expected to attract additional passive investment flows.
Lee also noted rising optimism around potential US regulatory developments, such as the CLARITY Act, which could further support Ethereum’s utility in real-world applications including layer-2 networks and payment systems.
With consistent accumulation and strong staking economics, Bitmine continues to strengthen its balance sheet while contributing to broader institutional adoption of Ethereum. The firm remains the world’s largest corporate holder of ETH and ranks among the top global digital asset treasuries overall.
Anchorage Digital, the operator of the United States’ federally chartered crypto bank, has added support for Lido, Ethereum’s largest liquid staking protocol. The move gives institutional clients direct, compliant access to wrapped staked Ether (wstETH) entirely within Anchorage Digital’s regulated platform, eliminating the need to move assets to external services.
Institutions can now connect straight to Lido’s decentralized application from Anchorage Digital to mint wstETH by depositing Ether or redeem it back into ETH. wstETH automatically accrues staking rewards from Ethereum’s proof-of-stake network while remaining fully liquid and transferable.
This solves several pain points of traditional ETH staking, including long unbonding periods, the operational burden of running validators, and capital that would otherwise sit idle.
The integration forms part of Anchorage Digital’s broader effort to deliver a complete suite of on-chain capabilities—staking, liquid staking, restaking, governance, and settlement—under institutional-grade custody and compliance controls.
Clients retain full oversight of their positions without introducing new counterparties or fragmenting their operational workflows.
For institutions, the primary advantages center on capital efficiency and flexibility. wstETH can serve as collateral in lending markets, participate in decentralized exchanges, or support cross-chain strategies without first unwinding a stake.
This allows sophisticated allocators to generate yield from Ethereum staking while keeping assets productive across multiple DeFi protocols.
Nathan McCauley, Co-Founder and CEO of Anchorage Digital, described liquid staking as one of the most important building blocks for institutional participation in Ethereum.
He stated that the Lido integration removes the operational and security compromises that have historically kept large investors on the sidelines, advancing the goal of making advanced on-chain infrastructure truly institution-ready.
Kean Gilbert, Head of Institutional Relations at the Lido Ecosystem Foundation, noted that institutional adoption succeeds when access aligns with how institutions actually operate.
He highlighted that bringing wstETH into a major U.S. regulated platform strengthens the role of stETH and the Lido protocol in professional Ethereum staking environments.
Anchorage Digital, founded in 2017 and based in San Francisco, operates under a federal banking charter and holds additional licenses in Singapore and New York (BitLicense).
The company is backed by investors including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, and carries an approximate valuation of $4.2 billion.
Its global footprint includes offices in New York, Singapore, Portugal, and South Dakota.
By embedding Lido’s liquid staking directly into a regulated custody environment, Anchorage Digital lowers barriers for institutions seeking Ethereum yield.
The development reflects the ongoing maturation of on-chain finance, where regulated platforms increasingly bridge traditional institutional requirements with the composability and efficiency of decentralized protocols. As more firms gain seamless access to products like wstETH, participation in Ethereum staking and related DeFi activities is expected to grow among professional allocators seeking both yield and operational simplicity.
Ethereum (CRYPTO: ETH) is enjoying a small rebound as institutional adoption and supportive chart patterns align for a 13% one-week gain.
ETH Seeing Strong TractionSpeaking on the Milk Road Show on July 6, Consensys founder Joe Lubin said the Ethereum ecosystem is seeing strong behind-the-scenes traction from traditional financial institutions, financial market infrastructure firms and builders working on decentralized rails.
SharpLink Gaming Inc. (NASDAQ:SBET), where Lubin serves as chairman, recently resumed ETH purchases, buying 10,000 ETH after an eight-month pause.
SharpLink CEO Joe Shalom said the company remains focused on increasing ETH per share while making its holdings productive through staking, liquid staking, re-staking and DeFi strategies.
Shalom said SharpLink is the second-largest corporate holder of ETH and aims to give investors "directional access" to ETH, while generating additional yield from the asset.
He argued that Ethereum is already winning across key institutional crypto categories, including stablecoins, tokenized real-world assets, DeFi and emerging agentic payment activity.
Lubin said Ethereum’s long-term advantage lies in being one of the only "rigorously decentralized" protocols, alongside Bitcoin (CRYPTO: BTC)
Ethereum’s Bullish TriggerIn an X post on July 7, crypto chart analyst Ali Martinez noted Ethereum is testing a key resistance zone around $1,796, where the 0.8 MVRV Pricing Band aligns with a TD Sequential resistance trendline.
A daily close above this level, followed by a successful retest as support, could strengthen the bullish outlook.
Analysts say a break above $1,816 would improve the chances of Ethereum clearing $1,844 channel resistance and advancing toward its realized price near $2,245.
Price action: ETH is up 13% over the past week, outperforming Bitcoin’s 7% gain.
Image: Shutterstock
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Bitcoin and Ethereum supplies on exchanges are reported to be near their lowest levels since 2017 and 2015, respectively, according to Santiment. This development suggests a significant shift of these digital assets away from centralized platforms into long-term holdings, staking, and decentralized finance options. The decrease in exchange supplies could be indicative of reduced sell-side liquidity, potentially leading to increased price pressures if demand remains strong. Market participants appear to view this trend as consistent with long-term holding patterns and institutional accumulation.
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Key Takeaways Bitcoin and Ethereum exchange supplies are at historic lows, suggesting reduced sell-side liquidity. Market activity implies a shift toward long-term holding and institutional accumulation for both assets. Pricing suggests participants view this supply squeeze as potentially increasing upward price pressures on Bitcoin and Ethereum. What to Watch Market observers will be closely monitoring any changes in Bitcoin and Ethereum’s demand dynamics, as continued strong demand could amplify price increases. Key indicators include institutional investment flows, particularly through ETFs and staking platforms. Additionally, regulatory developments and technological upgrades within the Ethereum network could further impact market pricing, as seen with previous major updates such as The Merge.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 1.2% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 3% — — View market → December 31, 2026 4.2% — — View market → December 31, 2026 5.5% — — View market → January 1 2027 11.5% — — View market → January 1 2027 17.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 2.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 7.5% — — View market → January 1 2027 67.6% — — View market → January 1 2027 11% — — View market → January 1 2027 3.9% — — View market → January 1 2027 22% — — View market → January 1 2027 44% — — View market →
J.P. Morgan Asset Management has put roughly $800 million in assets on the public Ethereum blockchain, spread across two tokenized money market funds.
Two funds, one blockchain The first fund, called MONY, launched in December 2025 with $100 million in seed capital. The second, JLTXX, followed on May 13, 2026, also seeded with $100 million from J.P. Morgan itself.
JLTXX has been the breakout performer. In its first month alone, the fund’s assets under management surged roughly 250%, climbing to around $695 million by early July 2026.
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Both funds are backed by US government Treasuries and repurchase agreements, represented as tokens on Ethereum instead of entries in a legacy custody system.
Investors access the funds through J.P. Morgan’s Morgan Money platform, where they can subscribe and redeem using either cash or stablecoins like USDC. Token balances sit in Ethereum addresses, meaning settlement happens on-chain.
Anchorage Digital, a federally chartered crypto bank, was among the early investors in JLTXX.
From private chains to public rails J.P. Morgan’s blockchain journey didn’t start here. The bank launched its Kinexys platform back in 2020, originally focused on permissioned networks and private transactions.
Why this matters for investors The rapid growth of JLTXX, from $100 million to $695 million in roughly a month, suggests that institutional allocators are moving capital onto public blockchains at significant pace.
BlackRock launched its own tokenized Treasury fund, BUIDL, and Franklin Templeton has been on-chain for even longer. J.P. Morgan’s entry at this scale raises the stakes for every asset manager that’s been treating tokenization as a future project rather than a present reality.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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.
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.
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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
SanDisk, Seagate, and Western Digital have dropped more than 30% from their all-time highs.
According to market data from BIT (bit.com), US stocks opened lower and trended downward during Tuesday’s trading session. The Philadelphia Semiconductor Index fell more than 6%, and the storage sector extended its losing streak. SanDisk dropped over 36% from its historical high half a month ago; Seagate is down 31%, Western Digital 35%, and Micron 28% from their respective highs.
An Ethereum trader lost nearly $2 million after a decentralized exchange router directed a $2.01 million Ether swap through a low-liquidity pool, allowing block builder Titan to extract $1.8 million from the transaction in a single block. Blockchain security firm GoPlus Security called the incident a textbook case of same-block backrun extraction.
How the Swap Collapsed Into a 99% Loss The trader swapped 1,126.44 Ether, worth approximately $2.01 million, but received only 5,776 Lighter (LIT) tokens valued at roughly $14,500. The swap routed approximately 1,117 Ether into a low-liquidity AVAIL/WETH pool on Uniswap v3, executing at roughly 120 times the sustainable price for AVAIL, GoPlus Security said.
After the trader received about 6.67 million AVAIL tokens at the inflated price, the router involved, identified as 0x router, sold a small amount of externally sourced AVAIL into the same pool. That trade extracted about 1,072 WETH before paying out 1,018 ETH, worth $1.8 million, to Titan as a builder reward.
The remaining AVAIL tokens were then converted into $14,200 worth of LIT, marking a 99.3% loss on the original swap. The transaction took place on July 7, 2026, at 1:59 a.m. UTC, as confirmed by on-chain data.
A Preventable Loss, One Trader Says GoPlus Security distinguished the exploit from a conventional sandwich attack. “This was a real, highly imbalanced backrunner arbitrage, not a classic sandwich attack,” the firm said.
The key difference is that no front-running trade preceded the victim’s swap. Instead, the extraction happened entirely through same-block arbitrage after the trade was routed into the illiquid pool.
Crypto trader Ruslan Khairullin said the loss was avoidable. “This is what happens when you click confirm faster than you read the route,” Khairullin wrote on X. Reviewing transaction routing before signing would have revealed the path through the low-liquidity pool, he noted.
MEV Extraction is Now a $113M-a-Year Business The incident highlights how maximal extractable value has grown from a niche concern into a profitable industry. Titan Builder has earned $112.6 million in revenue from block building this year, according to DefiLlama data.
Its largest single-day haul came in March, when it extracted around $34 million from a separate MEV bot incident on the CoW Protocol. Cointelegraph reached out to Titan for comment but received no immediate response.
The revenue figures suggest that block builders now operate what amounts to a tollbooth on Ethereum transaction flow. Titan’s biggest single-day extraction came in March, when it profited roughly $34 million from a separate incident on the CoW Protocol.
Traders who sign swaps without inspecting the routing path are effectively blind to how much value the infrastructure layer can extract before their order settles. The incident also underscores a gap between the DeFi promise of transparent, permissionless trading and the reality that routing infrastructure can silently redirect orders into pools that maximize builders’ profits at traders’ expense.
Ethereum researchers continue to explore encrypted mempool designs to reduce MEV extraction. Until those proposals reach production, the burden of checking transaction routes before signing remains on individual traders.
While capital is fleeing Bitcoin and Ethereum ETFs at an unprecedented rate, another player is attracting attention. Hyperliquid’s HYPE token continues to evolve at the top of its valuation, contrary to a crypto market under pressure. This divergence reveals a deeper shift. In an environment where speculative liquidity fades, protocols capable of generating real economic activity begin to break free from traditional cycles. Hyperliquid today stands as the most significant embodiment of this mutation.
In brief Bitcoin and Ethereum ETFs are going through a historic crisis, with 6.5 billion dollars in withdrawals illustrating the retreat of institutional investors. Hyperliquid follows a completely opposite trajectory, staying close to its all-time high and attracting positive flows despite a crypto market under pressure. HYPE’s success relies on solid fundamentals, driven by real economic activity, specialized ETFs, and growing investor interest. Hyperliquid’s tokenomics redefine valuation criteria, thanks to a token buyback mechanism directly funded by protocol revenues. The exodus of capital from Bitcoin and Ethereum ETFs towards other projects like Hyperliquid The crypto industry faces a drying up of its liquidity, illustrating a change in stance by institutional capital allocators. According to market data shared by asset manager Coinshares, investment vehicles backed by major cryptos are experiencing continuous selling pressure.
Luke Nolan, senior research associate at Coinshares, thus gave an unequivocal assessment concerning the current state of capital flows. He states that crypto has received “very little support from flows recently”. This lack of buying support is concretely reflected by a losing streak for U.S.-based spot Bitcoin ETFs, which have now recorded eight consecutive weeks of net capital outflows, setting the longest uninterrupted withdrawal sequence observed since their launch.
The quantitative analysis of this disengagement reveals a marked acceleration of outflows during the second quarter of the year. Moreover, financial flow monitoring data reveals the severity of this institutional capitulation :
6.5 billion dollars : this is the minimal total amount withdrawn from these U.S. funds since the beginning of May ; 2.43 billion dollars : this is the total amount of net withdrawals recorded during May alone; 4.06 billion dollars : this is the all-time record of net monthly outflows reached in June; 3,588 bitcoins : this is the massive volume of assets liquidated in a single week by Strategy to finance its preferred stock distributions. This liquidation movement did not remain limited exclusively to bitcoin, as spot Ethereum ETFs also showed notable signs of weakness during the same period, increasing technical pressure on the entire market.
The rush to derivatives This particularly harsh situation for the industry giants has not dampened the upward trajectory of next-generation decentralized finance. The native token of the Hyperliquid blockchain, HYPE, stands out by maintaining its value extremely close to its all-time high, completely independent from current turbulences.
As described by Luke Nolan, “against these difficult market conditions, Hyperliquid (HYPE) continues to trade near its all-time high”. Such relative strength is based on the rapid development of a regulated financial infrastructure dedicated to this asset, materialized by the emergence of three spot ETFs offering investors direct access via traditional brokerage accounts. This range includes the Bitwise Hyperliquid ETF (BHYP), a sector pioneer generating additional yield by staking its holdings, the 21Shares Hyperliquid ETF (THYP), which replicates the performance of the FTSE Hyperliquid Index, as well as the recent Grayscale Hyperliquid Staking ETF (HYPG).
The commercial success of these specialized instruments contrasts point by point with the disaster of traditional ETFs. Investment products focused on HYPE have recorded weekly positive capital inflows since their market introduction in May, attracting around 161 million dollars in net flows during June alone. Currently, the three U.S. structures manage a combined total of approximately 336 million dollars in assets, while equivalent European financial products show over 55 million dollars in assets under management. Although these amounts may seem modest compared to the billions of dollars held by historical leaders, their relative importance radically changes when weighted against the protocol’s real size, confirming a shift of interest from a segment of investors toward targeted alternatives.
The secrets of accumulation: tokenomics indexed on productivity The true explanation for this divergence lies in investors’ perception of Hyperliquid’s financial structure. Luke Nolan further specifies that “on a market cap adjusted basis, HYPE has been one of the strongest crypto ETF launches to date. The relative strength compared to the broader crypto market remains evident”. This dynamic translates deep investor adherence to valuation parameters and the economic design of the asset, as the Coinshares researcher adds that this is a “strong signal that Hyperliquid’s tokenomics resonate with investors”. The network integrates an automatic buy and supply reduction mechanism directly correlated to its usage, thus offering a concrete alternative to purely speculative assets.
Moreover, the technical implementation of a value redistribution-based model changes the game for the institutional investor. Nolan details this specific mechanism by indicating that “using 99% of platform fees to systematically buy back HYPE creates a direct link between protocol activity and token demand, giving the asset a value accumulation mechanism that stands out in the current market”. This architecture creates a perpetual organic demand engine that actively supports the token price as long as the platform generates transaction volume.
While Bitcoin and Ethereum heavily depend on global speculative capital flows, the HYPE token relies on a robust internal mechanism where the asset’s financial performance is intimately linked to real utility and adoption of its decentralized network.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Everything is green. Bitcoin, up 6.4% on the week. Ethereum, 11.7%. Solana, 10%. Dogecoin? Red on the day. The biggest meme coin on earth just skipped the party, and that tells you more than any price target.
DOGE trades at $0.07537 as of July 7, 2026, per CoinGecko. Down 1.53% in 24 hours. Up 4.17% on the week. Market cap $11.68 billion. Volume $812.2 million. Big numbers. Small move.
The Unique Angle: the laggard in the room Scan the top 10. Nine coins green or flat over 24 hours. One red. Dogecoin.
That is not a crash. It is worse in a way: indifference. When ETH runs 11.7% in a week and the flagship meme coin manages 4.17%, capital is telling you where it wants to be. And right now it wants majors, not memes.
But flip it. Every meme cycle in recorded crypto history started the same way: majors first, DOGE second, everything smaller third. The lag is the setup. If the majors hold their gains, DOGE is the most obvious catch-up trade in the sector. If they roll over, DOGE never got going, and there is nothing to give back.
Both readings live in the same chart. The level decides which one wins.
The One Number That Matters 6.9%. That is DOGE’s daily volume ($812.2 million) as a share of its market cap ($11.68 billion).
Why it matters: it is healthy. Not dead like SHIB’s sub-3%, not feverish like PEPE’s 18.5%. Dogecoin has real, continuous liquidity, the kind that lets large players build positions quietly. Boring turnover is exactly what accumulation looks like when nobody wants you to notice. It is also what distribution looks like. Volume tells you the door is open; it does not tell you who is walking through it.
Price Prediction Scenarios No invented targets here. Conditions instead.
Base case: the catch-up trade. Majors hold. Rotation drifts down the risk curve, as it usually does. DOGE reclaims $0.080 and the range between $0.080 and $0.10 opens up. $0.10 is the psychological wall; DOGE has respected round numbers its entire life.
Bull case: the meme rotation. ETH strength continues, retail returns, and DOGE does what DOGE does: nothing for weeks, then 30% in days. Above $0.10, the chart has thin history up to the old congestion areas. This scenario requires broad market strength that is not confirmed yet. Label it clearly: this is speculation, not a forecast.
Bear case: the market rolls. BTC gives back its 6.4% week and memes fall harder than majors. They always do. Lose $0.070 and the next real demand sits noticeably lower, in the mid $0.06s. A red day inside a green market, like today, is exactly the kind of print that precedes this scenario. Respect it.
Long-term “DOGE to $1” talk deserves a reality check: $1 would mean a market cap north of $150 billion, larger than most of the top 10 today. That is a full-mania scenario, not a 2026 base case. The all-time high of roughly $0.73 from May 2021 remains the ceiling of every serious long-term discussion.
What History Says About DOGE Lag Phases This is not the first time Dogecoin has slept through the opening act. The pattern has repeated across cycles: Bitcoin moves, Ethereum follows, weeks pass, commentators declare the meme trade dead, and then DOGE compresses years of boredom into a handful of violent sessions. The 2021 run is the extreme example, a coin that spent months near a fraction of a cent before repricing to $0.73 in a single spring.
Nobody should trade on the assumption that 2021 repeats. Markets are bigger now, DOGE’s cap is $11.68 billion, and moving an eleven-billion-dollar asset takes far more money than moving a one-billion-dollar one. The honest version of the historical argument is narrower: lag itself is not evidence of death. DOGE has lagged before every major move it ever made, in both directions. The lag tells you a decision is coming. It does not tell you which one.
There is also a structural difference this cycle worth stating plainly. The meme sector around DOGE is crowded now. PEPE pulled $207 million of volume this week; a dozen smaller tokens compete for the same rotational dollar. In 2021, meme money had essentially one home. In 2026 it has fifty. Even a genuine meme rotation might spread thinner across the sector, and DOGE’s share of it is a question, not a given. Both sides of that argument belong on this page.
Support: $0.070. Then the mid $0.06s. Resistance: $0.080, then $0.10. Simple map. The $0.070 to $0.080 box is the whole game right now. Break out of it and the next trend announces itself.
The Bull and the Bear, honestly The bull case is liquidity, brand, and lag. DOGE is the only meme with an $11 billion base and near-billion-dollar daily volume, and it has underperformed the very rally that usually feeds it. Cheap relative exposure, if the rally is real.
The bear case is supply and apathy. Dogecoin has no cap; new coins are minted forever, so standing still requires constant new money. And today’s red print in a green market shows that money is not arriving yet. A coin priced on attention that is not getting attention has one direction of drift.
Bottom Line DOGE at $0.07537 is a coiled spring or a leaking balloon, and $0.070 versus $0.080 will tell you which. Do not predict. Watch the box. Above $0.080, the catch-up trade is live. Below $0.070, it never started.
This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research.
Frequently Asked Questions What is the Dogecoin price today? DOGE trades at $0.07537 as of July 7, 2026, down 1.53% over 24 hours and up 4.17% over the week, with an $11.68 billion market cap.
Why is Dogecoin down today? DOGE was the only red coin in the crypto top 10 on July 7, 2026, while majors rallied. The data points to profit-taking and capital favoring large caps like ETH and SOL over memes this week.
Can Dogecoin reach $0.10 in 2026? It is possible if DOGE reclaims $0.080 and the broader rally continues; $0.10 is the next major psychological resistance. It is a scenario, not a promise, and it fails if $0.070 breaks first
Can Dogecoin reach $1? A $1 DOGE implies a market cap above $150 billion, which would require a full market mania. Treat it as a distant bull-cycle scenario, not a 2026 expectation.
Is Dogecoin a good investment in 2026? DOGE is the most liquid meme coin, which lowers trading risk, but it has unlimited supply and depends on attention cycles. It remains high-risk speculation, suitable only for money you can afford to lose.
What is Dogecoin's all-time high? About $0.73, set in May 2021. The current price of $0.07537 is roughly 90% below that peak.
Dogecoin is trading near $0.077 on July 7, 2026, down about 2.9% in 24 hours but still up 3.4% over the past week, and the coin’s most substantive non-price storyline right now is real-world payments infrastructure rather than speculation about Elon Musk. ÐOGE Pay, the Dogecoin-first checkout system launched by House of Doge and MoonPay across more than 6,000 merchants on June 9, is moving toward a full rollout targeted for Q3 2026 — a concrete adoption push that stands in contrast to years of unconfirmed rumors about Dogecoin payments on X.
Key Takeaways DOGE trades around $0.077, down roughly 2.9% in 24 hours but up 3.4% over the past week, continuing to underperform the broader crypto market’s 7.1% weekly gain. ÐOGE Pay, launched June 9 by House of Doge (the Dogecoin Foundation’s commercial arm) and MoonPay, already covers more than 6,000 merchants and charges a competitive 1% processing fee, with full rollout planned for Q3 2026. House of Doge separately struck a partnership with Paxos — the crypto infrastructure provider behind platforms like PayPal and Venmo — to integrate Dogecoin into major fintech platforms, though no consumer-facing timeline has been confirmed. Speculation about Dogecoin payment integration on X (formerly Twitter) remains the most-cited catalyst for a bigger DOGE move, but Musk’s direct influence on price appears to have weakened — a March 2026 “Doge father” video from him barely moved the market. DOGE’s regulatory footing has also improved in 2026, following its classification as a digital commodity and the launch of its first spot ETF on Nasdaq. Dogecoin Market Overview MetricValuePrice (DOGE/USD)~$0.07724h Change-2.9%7-Day Change+3.4%ÐOGE Pay Merchant Coverage6,000+ (as of June 9 launch)ÐOGE Pay Processing Fee1%Full Rollout TargetQ3 2026 Data sourced from CoinMarketCap and CoinGecko. Prices are volatile and change continuously — confirm with a live source before trading.
Dogecoin Price Analysis DOGE’s pullback to $0.077 keeps it within its recent trading range, still anchored around the closely watched $0.072 support level that has held since June. The token continues to underperform the broader market’s recovery, a pattern that has persisted through most of 2026 even as Dogecoin’s underlying fundamentals — regulatory clarity, ETF access, and now real merchant payment rails — have genuinely improved. That gap between fundamentals and price is the central tension in DOGE’s current setup.
Why Is Dogecoin News Dominated by ÐOGE Pay Today? What Actually Launched On June 9, House of Doge and MoonPay announced a partnership enabling native Dogecoin payments across MoonPay’s existing network of more than 6,000 merchants, alongside ÐOGE Pay, a new Dogecoin-first checkout solution. Merchants can embed Dogecoin payments directly into their checkout flows with streamlined onboarding and a 1% processing fee — competitive with, or cheaper than, many traditional card processing rates.
Why the Q3 Timeline Matters While the MoonPay integration is already live across thousands of merchant locations, House of Doge has targeted Q3 2026 for a fuller rollout, suggesting the current merchant count represents an early phase rather than the ceiling of the initiative. Because this is a concrete, dated commercial deployment rather than a rumor, it gives traders and merchants alike an actual milestone to watch, rather than the open-ended speculation that has surrounded Dogecoin payments in the past.
The Paxos Angle: A Bigger Fintech Bridge Separately, House of Doge struck a partnership with Paxos, the regulated infrastructure provider that powers crypto functionality behind consumer platforms including PayPal and Venmo. No confirmed timeline exists yet for Dogecoin to appear directly within those consumer apps, but the partnership signals House of Doge is pursuing multiple parallel paths — direct merchant checkout via MoonPay, and potential mainstream fintech app integration via Paxos — to expand where DOGE can actually be spent.
Musk Speculation Persists, But Its Price Impact Has Faded Elon Musk’s connection to Dogecoin remains the most frequently cited reason retail traders expect a bigger DOGE breakout, particularly around unconfirmed speculation of Dogecoin payment support on X. However, that narrative’s actual market impact appears to be fading: when Musk posted an AI-generated “Doge father” video in March 2026, the price barely reacted, a notable shift from Dogecoin’s history of sharp Musk-driven rallies.
What This Means for the Days Ahead The clearest near-term catalyst to watch is progress toward ÐOGE Pay’s Q3 2026 full rollout — expansion beyond the initial 6,000 merchants, additional processor partnerships, or transaction volume disclosures would all signal the initiative is gaining real traction rather than stalling after launch. On the Paxos front, any announcement of a specific consumer app integration timeline (PayPal, Venmo, or similar) would mark a meaningful upgrade from the current “partnership announced, no launch date” status. Musk-related speculation will likely continue generating headlines regardless of substance, but recent price reactions suggest the market is increasingly discounting it in favor of these more concrete payments developments.
Dogecoin Support and Resistance Levels Level TypePrice ZoneSignificanceKey Resistance 2~$0.11Upside target if Bitcoin’s broader recovery extendsKey Resistance 1~$0.085–$0.09Near-term ceiling from recent price actionCurrent Price~$0.077—Key Support 1~$0.072Most-watched technical support on the chartKey Support 2~$0.065Deeper support if $0.072 fails to hold Support and resistance zones reflect recent price structure and are illustrative, not guaranteed — confirm with a live charting tool before trading.
Compare Crypto Prices Today CoinLive Price PageBitcoinBTC Price — see Bitcoin News TodayEthereumETH Price — see Ethereum News TodayXRPXRP Price — see XRP News TodaySolanaSOL PriceBNBBNB PriceTronTRX Price For the broader market backdrop, see today’s Crypto Market Today and the full Crypto News Today roundup.
Where to Buy Dogecoin Dogecoin is available on virtually every major centralized exchange (Coinbase, Binance, Kraken) and can now also be accessed through regulated spot ETFs, including the 21Shares TDOG product on Nasdaq, for investors who prefer brokerage-based exposure. As ÐOGE Pay expands, an increasing number of everyday merchants will also accept DOGE directly at checkout. Always verify exchange legitimacy and regional availability before depositing funds.
Readers curious how payment-focused crypto projects fit into the broader Web3 landscape may find our guide to how blockchain works useful background, alongside our explainer on AI crypto coins and projects.
Frequently Asked Questions What is the price of Dogecoin today? Dogecoin is trading around $0.077 as of July 7, 2026, down about 2.9% over the past 24 hours but up 3.4% over the past week.
What is ÐOGE Pay? ÐOGE Pay is a Dogecoin-first checkout solution launched by House of Doge and MoonPay on June 9, 2026, enabling native Dogecoin payments across more than 6,000 merchants with a 1% processing fee. A full rollout is planned for Q3 2026.
Is Dogecoin coming to PayPal or Venmo? House of Doge has partnered with Paxos, the infrastructure provider behind PayPal and Venmo's crypto features, but no confirmed timeline exists yet for Dogecoin to appear directly within those consumer apps.
Does Elon Musk still move Dogecoin's price? His influence appears to have weakened. A March 2026 "Doge father" video Musk posted barely affected DOGE's price, a shift from Dogecoin's history of sharp Musk-driven rallies in prior years.
Is Dogecoin a good investment right now? This article is for informational purposes only and is not financial advice. Dogecoin's fundamentals have improved through regulatory clarity and payment adoption, but its price continues to underperform the broader market — do your own research and consider your risk tolerance before investing. Research + write bitcoin-news-today updateResearch + write ethereum-news-today updateResearch + write xrp-news-today updateResearch + write crypto-market-today updateResearch + write crypto-news-today updateResearch + write dogecoin-price updateVerify all 6 articlesResearch main news hook + rewrite Bitcoin news todayResearch main news hook + rewrite Ethereum news todayResearch main news hook + rewrite XRP news todayResearch main news hook + rewrite Crypto market todayResearch main news hook + rewrite Crypto news todayResearch main news hook + rewrite Dogecoin priceVerify all 6 rewritten articlesdogecoin-price.mdethereum-news-today.mdbitcoin-news-today.mdxrp-news-today.mdcrypto-news-today.mdcrypto-market-today.mdUploadsblockchainreporter.net-organic-keywords-sub_2026-07-07_09-28-03.csvblockchainreporter.net-top-pages-subdomains_2026-07-07_09-23-43.csvConnectorsWeb Search
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
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.
In recent hours, nearly 4 billion Dogecoin has been moved in one of the biggest transfers so far in 2026. The massive Dogecoin figure was moved from major cryptocurrency exchange Binance to an unknown whale wallet at a fee of 1.5331 DOGE.
"3,999,999,999 DOGE (299,505,966 USD) transferred from Binance to unknown wallet," Whale Alert reported.
The massive transfer follows a surge of network activity on the Dogecoin network. On July 5, Ali, a crypto analyst, reported a surge in Dogecoin network activity, with active addresses reaching nearly 50,000. It also comes as Dogecoin approaches a crucial support area that was instrumental to its strongest rallies in years.
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Ali, in a previous tweet, pointed to $0.06 as the most important support level for Dogecoin. The analyst noted that this multi-year accumulation zone has historically marked the beginning of some of the strongest rallies.
Dogecoin forms short-term golden crossA golden cross has emerged on the Dogecoin 2-hour chart as the MA 50 has crossed above the MA 200. The signal follows last week's rebound from a low of $0.069 on June 29, following which Dogecoin reached a high of $0.079 on July 4.
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Dogecoin was down 3.56% in the last 24 hours to $0.0744 but up 2.57% in the last seven days.
The crypto market is seeing mixed trading action on Tuesday as investors await further economic data. Investors are looking ahead to Wednesday's FOMC minutes, the first under new Fed Chairman Kevin Warsh, which will provide further clues on monetary policy. Thursday will see the release of the weekly initial jobless claims for June.
However, a potential setup on the weekly chart has traders further on the lookout. The weekly MA 50 (50 WMA) has pulled downward and might meet the 200 WMA in the coming weeks, hinting at a potential death cross formation.
The last time such a signal appeared on Dogecoin's weekly chart was three years ago, precisely in February 2023.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
EX DeFi is gaining attention as an AI-powered cloud mining platform, offering users access to BTC, DOGE, and LTC mining without owning hardware.
Summary
EX DeFi launched a cloud mining platform with AI-powered infrastructure and free computing power for new users. It has expanded its cloud mining services, highlighting AI optimization, security features, and multi-asset support. The platform has introduced AI-driven cloud mining services for BTC, DOGE, LTC, and other major digital assets. As we enter 2026, mainstream digital assets such as Bitcoin (BTC), Dogecoin (DOGE), and Litecoin (LTC) continue to attract widespread attention from global investors. For many newcomers to cryptocurrencies, how to participate in the digital asset market with a lower barrier to entry and explore long-term profit opportunities has become a key focus. Therefore, free cloud mining platforms are gaining popularity.
Compared to traditional mining models that rely on ASIC miners, cloud mining eliminates the need to purchase expensive equipment and incur electricity costs or complex maintenance. Users simply need to register to participate in the digital asset ecosystem through cloud computing power, starting their digital asset experience in a more convenient way.
Among numerous cloud mining platforms, EX DeFi has gradually become one of the most watched platforms in the market due to its AI-driven computing power optimization technology, automated management system, and transparent operating model. The platform offers a variety of cloud computing power products, helping users participate in the digital asset ecosystem more easily and efficiently, attracting the attention of many novice users and long-term investors.
EX DeFi – A Cloud Mining Platform to Watch in 2026 Register now and receive a $17 reward of computing power for new users!
For those new to cloud mining, EX DeFi offers a low-barrier-to-entry experience. The platform provides new users with $17 worth of free computing power, combined with AI-powered intelligent hosting and computing power optimization technology, making it easier for users to participate in cloud computing services. Whether someone is a cryptocurrency novice or someone looking to learn about long-term cloud computing models, EX DeFi makes it easy to start their digital asset journey.
EX DeFi Platform Advantages Compliance and Transparency
Headquartered in the UK, EX DeFi is committed to providing digital asset services within a transparent and compliant operating framework, continuously improving its platform operation system to create a more reliable user experience.
Security Protection
The platform employs an offline cold wallet storage solution, combined with the McAfee® cloud security system and Cloudflare® enterprise-grade network protection, providing multi-layered protection for user accounts, assets, and data security.
Supports Multiple Mainstream Digital Assets
The platform supports multiple mainstream digital assets, including BTC, ETH, XRP, USDC, DOGE, SOL, LTC, and USDT, meeting the asset management needs of different users.
Daily Earnings Settlement
Cloud computing power earnings are settled daily according to platform rules. Users can flexibly manage their assets according to platform regulations, providing a more convenient experience for long-term participation in the digital asset ecosystem.
Green Energy Data Center
EX DeFi’s data center uses clean and renewable energy to provide stable support for cloud computing power services, while actively practicing green and sustainable development concepts.
Affiliate Program
The platform launches an affiliate program, where eligible users have the opportunity to receive rewards of up to $50,000, providing more incentives for long-term participation in the platform ecosystem.
How to Start Earning Passive Income? 1. Register
Visit the EX DeFi official website and create an account on the platform using an email address. Upon successful registration, users will receive a $17 newcomer bonus.
2. Choose a Smart Contract Plan
Choose a popular mining contract that matches a particular budget and contract term, and start automatic mining with one click.
3. After purchasing the contract,
The system will automatically contribute computing power to the mining pool, and the rewards will be automatically credited to the account within 24 hours. No action is required; the principal will be automatically returned upon contract expiration.
Popular DeFi Yield Plans
BTC (Beginner Trial Contract): Investment: $100 | Term: 2 days | Daily Yield: $4 | Total Yield: $100 + $8
DOGE (Goldshell-Mini-Doge-Pro): Investment: $500 | Term: 6 days | Daily Yield: $6.5 | Total Yield: $500 + $39
BTC (Canaan-Avalon-A1466): Investment: $1,000 | Term: 10 days | Daily Yield: $13.4 | Total Yield: $1,000 + $134
BTC (Bitmain-S19): Investment: $7,000 | Term: 25 days | Daily Yield: $107.8 | Total Yield: $7,000 + $2,695
BTC (Whats-M56) Investment Amount: $30,000 | Term: 33 days | Daily Yield: $501 | Total Earnings: $30,000 + $16,533
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Conclusion: Why EX DeFi is one of the mining platforms to watch in 2026 As the digital asset industry continues to develop, cloud computing power is gradually becoming a convenient way for more and more users to participate in the cryptocurrency ecosystem. Among many platforms, EX DeFi has attracted the attention of more and more new users with its transparent operating model, intelligent computing power management, and simplified usage process, providing users with a more relaxed digital asset participation experience.
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Cardano founder Charles Hoskinson said the enthusiasm surrounding XRP stems from a structural dynamic he calls Web 2.5, where a centralised company continuously builds real-world value around its native blockchain, creating a self-reinforcing cycle that retail and institutional markets reward.
Speaking in a wide-ranging discussion, Hoskinson described the pattern plainly. Ripple acquires a prime broker, closes a partnership, secures a licence, and each move adds to the value proposition of the XRP Ledger. The company and the token are linked, and the market prices in every step forward.
“Brad and the other gang, they just bought a prime broker and they just did this,” Hoskinson said. “Well, that’s a centralised company, right? But they know that that company’s going to use the XRP Ledger and so they’re going to kind of create this virtuous cycle here. The efforts of one actor is kind of driving the value proposition of the thing.”
Also Read :Ripple (XRP) Price Prediction 2026, 2027-2030: Will XRP Reach $5?
A Model He Once ResistedHoskinson placed XRP alongside Tether, Circle, BNB, and Canton as examples of what he calls Web 2.5, hybrid structures that combine regulated corporate entities with blockchain infrastructure underneath. He acknowledged he spent years pushing back against this model before concluding the market had settled the argument.
“There’s nothing wrong with it. I’ve been fighting it. I mean, I’ve thrown in that towel a long time ago,” he said. “If you look at CoinMarketCap, XRP, BNB, Circle, Tether, look at where they sit. That’s where all the growth is right now.”
The Web 2.5 category, in his framing, functions like a club. A central entity builds the infrastructure, attracts institutional participation, and drives network effects. Users and capital follow.
Also Read : Is XRP Really ‘Nothing’? Exclusive: What Hayes and Hoskinson Are Missing About Ripple
Where the Growth Goes NextHoskinson said the Web 2.5 boom will not stay contained to those platforms. As these hybrid networks bring billions of users into crypto, he expects activity to migrate into true Web 3 markets if cross-chain bridging infrastructure develops properly. Projects focused on interoperability and privacy, he argued, stand to capture that overflow.
For XRP specifically, the implication is that its position at the front of the institutional adoption wave, backed by Ripple’s regulatory wins and acquisition strategy, gives it structural advantages that pure decentralised protocols currently lack.
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Cardano’s Charles Hoskinson has criticized Trump’s involvement in the industry after nearly two years in office.
In a recent interview with David Gokhshtein, Hoslinon contended that the cryptocurrency market is no longer propelled by its own technological advancement and uptake. Instead, it has become unduly reliant on American politics and regulation.
Why is Hoskinson taking a jab at Trump? Hoskinson added his frustration, noting that what they consider to be a typical cryptocurrency market cycle has been repeatedly disrupted by political unpredictability in the United States.
He believes investors spent much of their time reacting to policy uncertainty. Key questions included whether the U.S. would pass comprehensive crypto legislation, how tariff or monetary policies would affect risk assets, and whether the Trump administration would continue supporting the industry.
As a result, investors were focused less on anticipating a typical bull market and more on navigating shifting macro and political signals.
Hoskinson added,
If you took the United States out of it, we would have had a regular cycle and actually had an alt season in 2025.
Trump’s personal gains from his crypto venture Additionally, Cardano’s co-founder also raised issues regarding political polarization.
This comes as Trump recently revealed that his cryptocurrency investments have surpassed traditional ventures as his largest source of income.
The main reason for this was the explosive growth of family-backed cryptocurrency projects, which in 2025 brought in over $1.4 billion in reported revenue. Almost $600 million of that was obtained through World Liberty Financial’s [WLFI] token sale.
Additionally, the Official TRUMP [TRUMP] memecoin generated about $636 million despite its price dropping from $74.24 at its peak to $1.67 at press time.
Yet despite this, Hoskinon believes,
They’re going to punish crypto for that. They’re not going to push Trump because they can’t. They’re going to push crypto.
Hoskinson is not the only one riding the boat Moving further in the conversation, Hoskinons dubbed this period as “Gensler 2.0,” raising the prospect of another regulatory crackdown akin to the one that was launched against Gary Gensler.
Needless to say, Hoskinson is not the only one in this criticism. Back in 2024, Vitalik Buterin, a co-founder of Ethereum, warned against selecting political candidates purely based on whether they had taken a “pro-crypto” stance.
He said,
By publicly giving the impression that you support ‘pro-crypto’ candidates just because they are ‘pro-crypto’, you are helping to create an incentive gradient where politicians come to understand that all they need to get your support is to support ‘crypto.’
This occurs while legal and administrative obstacles stand in the way of Trump’s strategic plan for a BTC reserve. Officials are now questioning whether the U.S. Treasury has the legal authority to hold and manage the government’s Bitcoin [BTC], despite the reserve’s original intention to be managed by the department.
Final Summary Charles Hoskinson calls out Trump’s involvement in crypto, especially after his financial disclosure. Vitalik Buterin was another one to call the shots at pro-crypto leaders back when the election was ripe.
Cardano founder Charles Hoskinson made noteworthy statements regarding the Cardano ecosystem and the Midnight project. Hoskinson stated that they are working on a major development outside of cryptocurrency, adding that it will be a “Joe Rogan-level” announcement.
Hoskinson stated, “I have something really special that has nothing to do with crypto, and it’s going to be huge. I can’t wait to talk about it once it’s announced. It’s something on the level of Joe Rogan, it’s massive.”
Hoskinson also touched upon Cardano’s past price performance, reminding those who say Cardano is dead that ADA previously rose from $0.025 to $3. Hoskinson responded, “Don’t tell me Cardano is dead. ADA dropped from $1.48 to $0.025, then went up to $3. As long as you have a philosophy, a mission, and a goal to solve real problems, you’re never completely out of the game.”
According to Hoskinson, if Midnight is successful, a new structure capable of reaching $10 billion in size could emerge within the Cardano ecosystem. Hoskinson stated that Midnight offers a significant testing ground, particularly in terms of privacy, cross-chain transactions, and agentic trading standards, and that the project could create a “snowball effect.”
Cardano’s founder stated that Midnight supports agentic standards like OWS and x402, and that these are being developed within Midnight City. Hoskinson noted that agentic trading provides a strong testing ground for intent-based transactions and multi-chain signatures, and that successful implementation of this system could accelerate growth.
Hoskinson also argued that Midnight could pave the way for significant growth in the private Bitcoin DeFi space. According to him, Bitcoin could be represented on Midnight in a tax-neutral, custody-free format; users could lend private stablecoins, transact on different networks like XRP, HYPE, ETH, and SOL, and move their earnings to any ecosystem they choose through atomic cross-chain swaps.
Hoskinson, also mentioning Michael Saylor, said he would respectfully welcome a model in the Bitcoin DeFi space that allows users to easily buy Bitcoin, store it in their own wallets or with a multi-signature structure, and earn returns. According to Hoskinson, such an approach could create a new DeFi layer on top of Bitcoin by allowing billions of dollars worth of Bitcoin to be held in users’ own custody structures.
*This is not investment advice.
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The real headline may be the bank’s expectation that the company can grow revenue at a staggering 91% annual rate through 2030—a forecast that, according to JPMorgan, has surprisingly little to do with selling more rocket launches.
Instead, analyst Doug Anmuth argues launches are simply the foundation for a much bigger business.
The AI Story Hidden Behind the RocketsFor years, investors have viewed SpaceX primarily as a launch company powered by Falcon rockets and Starlink satellites.
JPMorgan believes that narrative is already becoming outdated.
Anmuth says “launch is SpaceX’s core competitive advantage that enables every other part of the business,” with rapid Starship reusability laying the groundwork for an AI infrastructure platform rather than simply a larger launch business.
By 2031, JPMorgan expects Starship launches to ramp from only a handful this year to roughly 5,000 annually, enabling SpaceX to deploy 75 gigawatts of orbital compute as it pursues an addressable market exceeding $28 trillion.
From Connectivity to AIThat shift fundamentally changes SpaceX’s financial profile.
JPMorgan projects revenue climbing from $19 billion in 2025 to $470 billion by 2030, while operating margins improve from negative 14% to roughly 50% over the same period. The driver isn’t simply more launch activity, but what the report describes as a business mix shifting from “Connectivity to AI, first terrestrial, and then orbital.”
Anmuth argues that transition justifies valuing SpaceX more like a next-generation AI infrastructure company than a traditional aerospace business.
Why Launch Still MattersIronically, the bullish AI thesis begins with rockets.
SpaceX has completed roughly 670 orbital launches with a 99%+ mission success rate and has launched more than 80% of all mass sent to orbit since 2023, according to JPMorgan. Those capabilities—and Starship’s rapid reusability—give the company a structural advantage that competitors cannot easily replicate.
That launch leadership, combined with what Anmuth calls SpaceX’s “extreme vertical integration,” enables the company to build not only rockets but also satellites, AI infrastructure and, eventually, orbital data centers faster and more cheaply than rivals.
For investors, that may be the biggest takeaway from JPMorgan’s initiation.
The firm’s $225 price target implies meaningful upside. But the more important bet is that SpaceX’s next decade won’t be defined by how many rockets it launches—it will be defined by what those rockets make possible.
Image via Shutterstock
Market News and Data brought to you by Benzinga APIs
Space Exploration Technologies (SPCX 5.65%) was added to the Nasdaq-100 index before the market opened today, so investors might be surprised to see SpaceX shares fall. When a company's stock is added to an index, it can rise due to passive buying by mutual funds and exchange-traded funds (ETFs) that are required to hold the entire index.
So why were SpaceX shares down by 5.2% at 12:45 p.m. ET today?
Image source: The Motley Fool.
It's the math The Nasdaq-100 tracks the 100 largest non-financial companies listed on the Nasdaq Stock Market exchange. But even the funds and ETFs that buy SpaceX stock once it's on the exchange aren't really buying a large quantity of the company. Consider this:
SpaceX raised about $86 billion from its public share offering. But the company was valued at $1.8 trillion at the IPO price. That's less than 5% of the company available to the public. Elon Musk owns much of the balance, maintaining about 46% ownership. Other early investors, institutions, and employees own the rest.
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The company is using a phased lockup schedule to allow those early investors to sell their shares. The first batch of shares will be available for sale after SpaceX reports its second-quarter results, either late this month or in August. Notably, Musk won't be able to sell his shares until June 2027, but there could still be downward pressure on SpaceX shares in the near future from other sellers.
The relatively small amount being bought due to index inclusion, combined with fears that the coming initial lockup expiration will drive the stock lower, has shareholders pressuring the stock today.
Howard Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
• SpaceX shares are sliding. What’s behind SPCX decline?
Here’s what analysts were saying.
The SpaceX AnalystsBofA Securities analyst Ronald Epstein initiated SpaceX stock with a Buy rating and a price target of $235.
RBC Capital analyst Ken Herbert initiated coverage with an Outperform rating and a price target of $225.
Needham analyst Ryan Koontz initiated coverage with a Buy rating and a price target of $200.
Cantor Fitzgerald analyst Colin Canfield initiated coverage with an Overweight rating and price target of $246, with SpaceX stock seeing a 64% upside from the current share price of $150.
• For more analyst ratings on SpaceX stock, check out Benzinga’s full coverage here.
Bank of America on SpaceXSpaceX is "paving the superhighway to the stars," Epstein said in an investor note about the space company.
"SpaceX has evolved from a launch company into the foundational enabler of the space economy and the leading provider of space-based applications as a result," Epstein said.
The analyst said SpaceX is able to convert launch and manufacturing into recurring businesses, such as Starlink.
Epstein noted part of SpaceX’s long-term opportunity hinges on Starlink’s commercialization and reusability.
"If achieved, we believe launch costs could decline by an order of magnitude while capacity expands dramatically. If delayed, the timing of many future growth vectors moves materially to the right."
RBC Capital on SpaceXSpaceX has a "proven track record of disruption and innovation," Herbert said in a new investor note on the space stock.
"We believe SpaceX will continue to benefit from its position at the center of two of the most profound investment themes of this generation: the evolution of the space-based economy and AI," Herbert said.
The analyst highlighted Starship as being a key for the company’s future along with Starlink momentum.
"We believe the opportunity of orbital data centers provides SPCX with the chance to deliver a structural and durable cost-of-compute advantage versus any terrestrial competitor."
Herbert said SpaceX is the best mega cap stock for exposure to space and AI.
"The convergence of space and AI represents a unique value-creation opportunity that we believe SPCX is well-positioned to capture."
Needham on SpaceXSpaceX is a leader with a multi-year lead for the space sector, Koontz said in the investor note.
The analyst highlighted the company’s Starlink segment, which had 10.3 million subscribers and $11.4 billion in revenue in 2025. Koontz saw more upside from the company’s Starship launch vehicle.
SpaceX’s vertical integration is an advantage that should help with future growth, the analyst added.
"The success in its Space segment is the foundation of the SpaceX competitive moat for its Starlink/Connectivity business as well as AI/Orbital Compute strategy," Koontz said.
The analyst expected SpaceX to target expanding compute capacity by 2x each year.
Cantor Fitzgerald on SpaceXValuing a company that owns the entire tech stack is hard, Canfield said in a new investor note.
"SpaceX is something the market has never seen: the world’s first planetary infrastructure company," Canfield said. "Where prior tech giants owned one layer of the stack — compute, connectivity or distribution — SpaceX owns them all."
Canfield said this is not diversification, but rather "vertical integration at civilizational scale."
"We think investor debate has been anchored to near-term valuation multiples, which misses the central point: a planetary infrastructure company does not compete within existing markets — it defines the cost structure of new ones."
SpaceX Stock Price ActionSpaceX stock is down 4.86% to $152.63 on Tuesday versus a trading range of $147.11 to $225.64 since going public. The stock remains up from the $135 IPO price with shares flat from where they started trading.
Image via Shutterstock
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Space Exploration Technologies (SPCX 5.65%), aka SpaceX, seized the spotlight well before its initial public offering (IPO) early last month. The rocket launch, satellite communications, and artificial intelligence (AI) company has captured the public imagination as the company awaits several key hurdles in the coming weeks and months.
The first of these hurdles happened on Tuesday, as SpaceX officially joined the Nasdaq-100. Perhaps as importantly, the mandatory quiet period ended for the 23 investment banks associated with the SpaceX IPO. This kicked off a surge of new analyst ratings and the associated commentary -- and to say the overall consensus was bullish might well be an understatement.
Let's review the prevailing attitude on Wall Street and what a $10,000 investment in SpaceX might be worth in one year.
Image source: Getty Images.
The bulls outnumber the bearsSpaceX closed out the day at about $160 per share on Monday, but Wall Street expects the stock price to go much higher. According to TheFly.com, 19 analysts issued ratings and price targets on Tuesday morning (as of this writing), and the overall conclusion was extremely bullish. Nearly all of the 19 ratings came in at the equivalent of a buy or strong buy, and had a median price target of $250. For those keeping score at home, that represents potential upside of 56% compared to Monday's closing price.
That said, the price targets run the gamut, with the lowest at $131 and the highest at $800. The majority of the ratings -- or 14 of the 19 -- fall within a range of between $200 and $250, representing an average price target of $225, or potential upside of about 40%.
A bearish takeMoffettNathanson analyst Julie Zhu was the sole outlier on Tuesday, initiating coverage with a neutral (hold) rating and a price target of $131, which suggests potential downside for investors of 18%.
The analyst takes exception to CEO Elon Musk's plans to launch data centers capable of delivering 100 gigawatts (GW) of compute annually by the end of 2029. That total is "an amount that exceeds global in‑service data‑center capacity today and for which sufficient material inputs will not exist in three‑and‑a‑half years," according to the analyst. Zhu goes on to say that there's "simply no credible financial model that can support what is, at the time of this writing, a roughly $2 trillion valuation."
If the analyst is right, a $10,000 investment in SpaceX could be worth as little as $8,733 over the coming year.
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A really bullish takeOn the other end of the spectrum is Raymond James analyst Brian Gesuale, who initiated coverage with a strong buy rating and a Street-high price target of $800. That suggests potential upside of 398% compared to Monday's closing price.
The analyst hailed the intersection of orbital access and AI as driving "the most significant infrastructure convergence since the advent of the Internet." He believes the completion of Starship -- the company's next-generation super heavy rocket -- will reduce the cost of space travel and delivering objects into orbit by 99%, while simultaneously increasing payload "by an order of magnitude.” The analyst estimates that SpaceX will grow its revenue 21-fold to $837 billion and its EBITDA by 39x to $696 billion by 2031.
If the analyst's bullish take is correct, a $10,000 investment in SpaceX could be worth nearly $40,000 this time next year.
What this means for investorsSo what will a $10,000 SpaceX investment be worth next year? The truth is that no one can say with any certainty. However, throwing out the outliers returns a consensus stock price of about $225, which I believe is likely closer to reality than the most bullish or bearish takes from Wall Street.
A look at the 30 biggest IPOs of the past 15 years suggests a wide range of possible outcomes by the end of the year, with gains of up to 217% or losses of up to 77%. This could turn a $10,000 investment into as much as $31,700, or as little as $2,300.
To be clear, SpaceX stock has already given investors a sneak peek at the volatility they can expect over the coming year, so the stock won't be for the faint of heart. Furthermore, at 46 times forward sales, SpaceX isn't cheap. For investors who are still compelled to own a stake in SpaceX, I would suggest it be a small part of a well-balanced portfolio.
Even though it's only been public since June 12, Space Exploration Technologies (SPCX 5.65%), or SpaceX, has already traded in a wide range in less than a month, from a high of $225.64 to a low of $147.11.
With its inclusion in the Nasdaq-100, however, history shows that, on average, companies can expect their stock prices to move in a certain direction. This is what history suggests about whether the next move in SpaceX's stock price is higher or lower.
Image source: Getty Images.
The short-term results of Nasdaq-100 inclusion When a stock is included in the Nasdaq-100, it creates buying activity, as investment vehicles like exchange-traded funds that track that index must own it. But history says that being added to the index is not an immediate, game-changing moment for the company.
According to Barron's, over the last two years, of the 21 companies added to the Nasdaq-100, only six had their stock prices climb in the first week they were added. The average loss for a stock a week after inclusion in the index has been 3.8%.
Looking out a bit further, the good news for shareholders is that the data looks more promising. Stocks averaged a gain of 3.6% one month after being in the Nasdaq-100 and climbed 6.3% after three months.
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The bigger picture for SpaceX SpaceX shareholders will appreciate any type of stock price gain. But as history has shown, inclusion in the Nasdaq-100 won't be a meaningful needle mover right out of the gate.
Instead, it's important to focus on the long-term potential and risks of building out artificial intelligence (AI) infrastructure in space. SpaceX is going after what it believes is a $26.5 trillion total addressable market (TAM) in AI. If it executes on capturing as much of that TAM as possible, that is what can lead to the gains current shareholders are hoping for.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
SpaceX Corp (NASDAQ:SPCX) just picked up a bullish new voice on Wall Street as Bank of America initiated coverage with a Buy rating and a $235 price objective.
The bank’s analysts argue SpaceX has outgrown its roots as a rocket launcher to become the backbone of the entire space economy.
Analysts said SpaceX has evolved from a launch company into what they called the foundational enabler of the space economy, pointing to the company's reusable launch technology and proliferated space applications as key competitive advantages. BofA said these moats are laying the groundwork for Starship and future applications to drive another paradigm shift in space capabilities.
The bank highlighted SpaceX's ability to convert its launch and manufacturing capabilities into recurring, market-leading applications businesses, most notably Starlink. Analysts described this as a flywheel effect, where launch capacity enables space applications, those applications generate cash flow, and the resulting cash flows fund further infrastructure investment.
BofA said Falcon and Starship launch economics remain the primary drivers behind SpaceX's ability to build high-margin application layers in orbit, even though this dynamic is not directly reflected in the company's financials due to its accounting structure.
Central to BofA's thesis is whether Starship can reach the reliability, launch cadence and cost economics needed to unlock SpaceX's next phase of growth. The bank said much of the company's long-term opportunity, including Starlink v3 deployment and future compute infrastructure, hinges on Starship achieving full reusability.
If successful, BofA estimates launch costs could fall by an order of magnitude while capacity expands significantly. Delays in that timeline would push back many of SpaceX's future growth vectors.
Analysts also pointed to SpaceX's orbital compute ambitions as a source of differentiated upside, framing the initiative as representative of broader option value tied to the company's launch moat, vertical integration and manufacturing scale.
BofA said SpaceX's entry into AI infrastructure and applications markets gives it an opportunity to apply its space positioning to fast-growing, competitive sectors, with other emerging space applications offering additional long-term value contingent on Starship's success.
SpaceX is benefiting from a shift towards AI, with broker calls coming out as the company gets included to the Nasdaq 100. This is setting a price floor for a stock that could be headed for the stars, says Joel Shulman, Founder & CIO of ERShares, whose ETF XOVR holds approximately $246 million in SpaceX exposure.
BLACK DIAMOND, Wash., July 07, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated sale of one of its professionally decorated and fully furnished model homes at Regency at Ten Trails, an exceptional 55+ active-adult community in Black Diamond, Washington. The Meissa Contemporary model home in the Eclipse collection of Regency at Ten Trails is one of a limited number of move-in ready homes available at the community, located at 33572 Douglas Ave. SE in Black Diamond.
Regency at Ten Trails offers luxury single-story homes priced from the mid-$600,000s. Home designs feature 2 to 3 bedrooms, 2 to 3 baths, and 2- to 3-car garages, with approximately 1,340 to 2,060 square feet of living space. Thoughtful architectural details include flex spaces, covered outdoor living, dual primary bedroom suites, and multigenerational living options on select floor plans.
Regency at Ten Trails homeowners enjoy a 10,000-square-foot amenity center with a private clubhouse that includes an indoor pool, fitness center, club lounge, pickleball courts, bocce ball courts, a dog park, and scenic views of Mount Rainier. Residents also enjoy additional amenities within the Ten Trails master-planned community, such as neighborhood trails, parks, sports courts, fire pits, and an event stage. Regency at Ten Trails is ideally located in the charming, historic town of Black Diamond, just minutes from everyday conveniences, major highways, and Seattle-Tacoma International Airport.
“Our beautiful model home, along with a select number of designer-appointed move-in ready homes in the community, offer 55+ home shoppers the opportunity to move into a one-of-a-kind residence in a resort-style setting,” said Todd Callahan, Regional President of Toll Brothers for the Pacific region. “These homes offer an unmatched combination of luxury design, move-in-ready convenience, and an exceptional active-adult lifestyle in one of the area’s most desirable locations.”
Toll Brothers Regency active-adult communities across the United States are planned with the active lifestyles of their residents in mind. Each community offers exquisitely designed homes with an array of luxury resort-style amenities, activities, and social events available for residents 55 years of age or older.
Toll Brothers homes in Regency at Ten Trails are priced from the low $600,000s. For more information about Regency at Ten Trails, and to schedule an appointment to tour the community, call 844-845-5263 or visit RegencyAtTenTrails.com.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.
Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.
CUMMING, Ga., July 07, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of two new townhome collections at Toll Brothers at The Crossing at Coal Mountain in Cumming, Georgia. Home shoppers are invited to explore the new Cottonwood and Haven Collections of stylish townhomes in a vibrant mixed-use master-planned community with resort-style amenities. The two new collections are now open for sale at 4280 Waylon Drive in Cumming.
The Cottonwood Collection showcases thoughtfully designed three-story townhomes with 3 bedrooms, 3.5 bathrooms, and 2-car garages priced from the upper $400,000s. The Haven Collection features elegant two-story townhomes designed for modern living. Priced from the low $500,000s, these homes offer 3 bedrooms, 2.5 bathrooms, and 2-car garages, with floor plans providing bright, open-concept living spaces. Both collections include opportunities for personalization to fit a range of lifestyles.
“Our new townhome collections at The Crossing at Coal Mountain offer home shoppers the luxury lifestyle for which Toll Brothers is known,” said Eric White, Division President of Toll Brothers in Georgia. “With resort-style amenities and a location close to top-rated schools, future shopping and dining, and everyday conveniences, The Crossing at Coal Mountain is poised to become one of the most desirable addresses in Forsyth County.”
Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.
The Crossing at Coal Mountain is centrally located near highly regarded Forsyth County Schools, including Coal Mountain Elementary and North Forsyth Middle and High Schools. Residents will also enjoy future on-site amenities, including a clubhouse, pool, pickleball courts, walking trails, and an event lawn. The community will also be walkable to future dining, retail, and entertainment. The community is just minutes from the new Exit 18 on GA-400, providing easy access to local shops, dining, and entertainment at the Cumming City Center, The Collection at Forsyth, and Vickery Village.
Two additional collections of single-family homes, the Heartland and Magnolia Collections, are also currently available at Toll Brothers at The Crossing at Coal Mountain, with home designs ranging up to 3,600+ square feet.
For more information about Toll Brothers at The Crossing at Coal Mountain, or to schedule an appointment, call 888-686-5542 or visit TollBrothers.com/GA.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.
Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.
Many trading algorithms are based on statistics and probability theory.
The red line on the chart below is two standard deviations above the 20-day moving average.
Standard Deviations: A Statistical Concept.According to statistics and probability theory, 95% of trading should occur within two standard deviations of the mean. If a stock exceeds this threshold, as Apple currently does, it is considered to be overbought.
There will be traders and investors who are anticipating a reversion to the mean or move lower. They will enter the market as sellers, and their selling could result in putting downward pressure on the shares.
In addition to being overbought, Apple is trading at a resistance level. There tends to be resistance at former peaks or resistance levels, and that could be the case here.
There are people who bought shares around $315 in late May and early June who came to think their decisions to do so were a mistake after the price dropped. Many decided to hold onto their losing positions.
But they also decided to sell them at the same price they bought them for if they could ever do so. Now that the shares have returned to this price, these remorseful buyers are placing sell orders.
The large quantity of these orders has created resistance at the price. There is a good chance the rally ends or pauses here.
Many newer traders think that news moves the market. This is sometimes true, but most of the time, when a stock makes a meaningful move, it is the result of technical factors.
Overbought stocks that reach resistance tend to stall out or even reverse. The trend indicates that Apple shares may head lower.
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I keep hitting the buy button on Apple (NASDAQ:AAPL | AAPL Price Prediction), and the July 30 earnings report is not slowing me down. Every payday, I add a few more shares. The reasons are boring, repeatable, and they stack in my favor over years, which is the profile I want in a core holding heading into retirement. Here is what keeps pulling me back.
A cash machine that pays me to wait Apple generated $111.48 billion in operating cash flow in FY25 and returned $90.71 billion to shareholders through buybacks that same year. In April, the board authorized another $100 billion repurchase program and raised the quarterly dividend 4% to $0.27. Total capital returned since the program began now exceeds $1 trillion. The 0.34% yield looks small in isolation, but paired with ROE of 171.4% and ROIC of 53.3%, I am fine with management compounding capital inside the business instead of mailing it out.
The Services engine keeps widening the moat Q2 FY26 revenue reached $111.18 billion, up 16.6% year over year, with iPhone at $56.99 billion and Services at an all-time record $30.98 billion. Services gross margin ran at 76.7% on a base of over 2.5 billion active devices. That is a high-margin annuity riding on hardware customers already own. Tim Cook described Apple Intelligence as “woven into the core of our platforms”, and MacBook Neo demand is running so hot he flagged the company was “supply constrained”. Greater China grew 28% in the March quarter. Management guided June-quarter revenue growth of 14% to 17% with gross margin of 47.5% to 48.5%. That is what the July 30 report will confirm.
An earnings track record I trust Apple has delivered nine consecutive beats, with the last quarter posting an EPS of $2.01 against a $1.94 estimate. In the 30 days after that May report, shares rose 10.75%, outpacing SPY by 6.09 percentage points. Over the past year the stock is up 45.86%, and over ten years it is up 1,313.91% on a split-adjusted basis. That is the kind of compounding I plan around.
The risk I actually respect China exposure and the supply chain keep me disciplined. Greater China revenue was $20.50 billion last quarter, and Cook warned that “significantly higher memory costs” will pressure the June quarter. Add the CEO handoff to John Ternus effective September 1, 2026 and the execution bar is real. My response: those memory costs are already baked into the 47.5% to 48.5% margin guide, and Ternus is a 25-year Apple veteran inheriting a roadmap Cook publicly called “incredible”.
Why the buy button stays active At a P/E of 40 on a business printing 26.9% net margins at a $4.53 trillion market cap, Apple looks pricey on the screen and reasonable on the cash it will send my account over the next decade. I plan to keep buying through July 30, and the quarter after that, and the one after that.
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Apple Inc (NASDAQ:AAPL, XETRA:APC)'s App Store revenue growth slowed in the June 2026 quarter, according to an analysis by UBS, which tracked third-party App Store data from Sensor Tower.
UBS analysts wrote that the App Store recorded approximately 3% year-over-year growth on a reported basis during the quarter, while growth was around 2% on a foreign exchange-neutral basis. The firm noted that growth slowed by roughly 440 basis points compared with the prior quarter, despite only a slightly more challenging comparison period.
The US market was a key source of weakness, with App Store revenue declining approximately 6% year-over-year in the quarter, UBS wrote. In other regions, the App Store grew about 9% year-over-year on a reported basis.
UBS wrote that Apple’s September 2026 quarter will face an easier comparison period, with the year-over-year growth benchmark expected to be around 10%, approximately 270 basis points lower than the June quarter comparison.
The analysts maintained their June-quarter Services revenue estimate, forecasting growth of about 14.3% year-over-year, compared with consensus expectations of roughly 14.5%.
UBS wrote that the estimate remains unchanged despite potential downside risks from slower App Store growth, noting that Apple’s Services segment continued to show strength in the March 2026 quarter, when Services revenue increased about 16.3% despite App Store growth of roughly 8%.
UBS also flagged slowing growth in generative artificial intelligence-related activity, which it views as a contributor to App Store growth. The firm wrote that AI-related growth may be moderating due to tougher comparisons and increasing market saturation.
For valuation, UBS maintained a price target of $296 for Apple shares, based on a valuation multiple of 30 times its calendar 2027 earnings-per-share estimate of $9.86. UBS wrote that the valuation reflects balanced expectations for solid demand alongside uncertainty surrounding Apple’s artificial intelligence strategy.
Shares of Apple were little changed at $313 on Tuesday afternoon.
Apple Inc (NASDAQ:AAPL) shares are edging slightly lower Tuesday as big-cap technology names face a difficult session with the Nasdaq and the broader S&P 500 down. Here’s what you should know.
Apple stock is among today’s notable decliners. Why is AAPL stock down today? Tech Weakness Deepens as Sector Rotation Pulls Leadership Toward EnergyTechnology is one of the weakest sectors on the session dropping 1.78% while leadership has shifted toward Energy and Real Estate. Apple is holding up better than most of its large-cap peers but the weight of the broader tech selloff is enough to keep the stock in the red.
Market breadth is only mildly positive with an advance/decline ratio of 1.2 offering little in the way of a tailwind for growth names.
Apple’s Foldable iPhone DelayKuo drew a parallel to the iPhone X rollout in 2017 suggesting Apple could unveil the foldable alongside its other new models but hold back preorders and retail availability by several weeks due to manufacturing constraints.
Apple’s Key Moving Averages and TrendsFrom a technical standpoint Apple remains in a well-defined uptrend sitting approximately 5.8% above both its 20-day and 50-day moving averages, 12.5% above its 100-day and 15% above its 200-day. The golden cross established in September 2025 when the 50-day crossed above the 200-day continues to provide a longer-term constructive backdrop.
MACD is currently above its signal line with a positive histogram suggesting buyers are gradually reasserting themselves after the recent pullback. The bigger question heading into the near term is whether the stock can clear supply near its highs or needs to consolidate first following June’s swing high and an overbought RSI reading.
Key resistance sits near $317.50 in the 52-week high zone while $287.50 represents the next meaningful support level below current prices.
AAPL Shares Are DroppingAAPL Price Action: Apple shares were down 0.16% at $312.18 at the time of publication on Tuesday. The stock is trading near its 52-week high of $317.39, according to Benzinga Pro.
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