Kiyosaki Says The Pin Is Near For The Biggest Bubble In HistoryKiyosaki posted his boldest price targets yet, predicting gold hits $35,000 an ounce and silver reaches $200 an ounce within a year of the bubble popping.
He paired those calls with $750,000 for Bitcoin and $95,000 for Ethereum, framing all four assets as the winners once the current financial system breaks.
“I do not know what pin, what event will pop the biggest bubbles in history,” Kiyosaki wrote. “It’s not IF. It’s WHEN.”
His targets mark a sharp jump from the $250,000 Bitcoin and $60,000 Ethereum figures he gave back in November, when the ETH number itself sparked confusion since the asset hadn’t traded anywhere near that level.
Cowen Says Bitcoin Closing Below The 200-Week Average Isn’t NewProminent analyst Benjamin Cowen pointed out that Bitcoin’s first weekly close below its 200-week moving average this cycle mirrors exactly what happened in June 2022, the last time Bitcoin broke that same level.
He noted Bitcoin tends to drop into June in multiple cycles, including 2018 and 2022, and that the pattern rarely needs to be more complicated than it looks.
Cowen’s base case calls for Bitcoin to form an early summer low, followed by a counter-trend rally into mid-to-late summer, before a final drop into the actual cycle bottom sometime in the third or fourth quarter.
He said this play would only change if a major blowup, similar to FTX or Luna in the last cycle, triggers a faster price-based capitulation instead of the slower time-based pattern.
Cowen’s preferred strategy is dollar-cost averaging into Bitcoin through the second half of midterm years, a method he said has worked across prior cycles even when short-term drawdowns got worse before recovering.
He’s watching for a volume spike similar to those seen at the end of the 2014, 2018, and 2022 bear markets as the real signal that capitulation has actually happened.
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TL;DR Institutional products tied to Bitcoin and Ethereum reportedly saw net outflows. XRP and HYPE wrappers attracted inflows during the same period. The divergence points to a more selective crypto market, where investors are not treating every asset the same way. Institutions Are Not Just Buying Or Selling Crypto As One Trade Institutional investors reportedly reduced exposure to Bitcoin and Ethereum ETF products while still adding to XRP and HYPE-linked wrappers.
That is a more interesting story than a simple “institutions dumped crypto” headline. The flow picture suggests that investors are becoming selective. They may be cutting broad exposure to the two largest crypto assets while still looking for targeted opportunities elsewhere.
For Bitcoin and Ethereum, outflows are never a great signal in the short term. These products are major access points for traditional capital, and sustained redemptions can weigh on sentiment. But the fact that XRP and HYPE products saw inflows at the same time shows that the entire sector is not being abandoned.
Why Selective Flows Matter Crypto traders often talk about risk-on and risk-off as if the whole market moves together. That is still true during major volatility events, but flow data can reveal a more detailed picture underneath.
If investors are selling BTC and ETH exposure but buying XRP and HYPE, they may be rotating away from broad market beta and toward specific narratives. XRP has its payments and legal-resolution storyline. HYPE has become tied to the Hyperliquid ecosystem and more specialized on-chain trading demand.
That kind of split matters because it changes how traders should think about the market. The question is not just “are institutions bullish on crypto?” It becomes “which crypto exposures are institutions willing to hold during stress?”
That is a much more useful question. It also means Bitcoin dominance, Ethereum sentiment, and altcoin flows may give different signals at the same time.
The Risk In Reading Too Much Into It There is a caveat. Smaller products can show impressive inflows without matching the absolute scale of Bitcoin or Ethereum ETF flows. A modest inflow into an altcoin wrapper does not cancel out much larger outflows from BTC or ETH products.
So the takeaway should be measured. This is not proof that institutions are rotating into altcoins en masse. It is evidence that some targeted altcoin demand has remained active while broad crypto exposure has weakened.
For Bitcoin and Ethereum, the next test is whether outflows slow. For XRP and HYPE, the test is whether inflows continue once the market stabilizes or if they were simply temporary pockets of interest.
The market message is still useful: institutional crypto demand is no longer one-dimensional. Investors are not just buying the whole sector or selling the whole sector. They are separating assets, narratives, and wrappers — and that makes flow data more important than ever.
For readers, the useful approach is to treat this as a signal to monitor rather than a standalone trading call, because confirmation still has to come from follow-through in price, flows, and broader market behavior.
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This article was written by the News Desk and edited by Samuel Rae.
Making ETH inevitable and scaling Ethereum to the world. Ethlabs's co-founders sat down with Bankless to unpack the new org's mission.
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When I wrote about Ethlabs last week, my piece talked about the what. Namely the basics of the new organization, and how it's a new independent R&D lab co-founded by former Ethereum Foundation luminaries like Ansgar Dietrichs and Caspar Schwarz-Schilling.
That said, both Ansgar and Caspar just came on the podcast to cover the why of the org and their thinking around it. It's one of the best conversations about Ethereum's direction I've heard in a while.
— Bankless (@Bankless) June 29, 2026 The core thesis, as Ansgar laid it out early in the convo, is that Ethereum is at an evolutionary crossroads. The network's first 10 years were about infra, bringing assets onchain, figuring out how DeFi protocols should work, and etc. All of that is done, more or less, as we now have the fundamental rails.
Now the question is whether Ethereum will become a central node that the global economy routes through, or whether we end up in a fragmented multichain world. Ansgar said it will be one or the other, and it's not inevitable which way will win.
Tackling this crux head-on is the strategic case for Ethlabs's existence. The EF, per its new mandate, is doubling down on CROPS, i.e. censorship resistance, open source, privacy, and security, the foundational properties that give Ethereum credible neutrality. Ethlabs exists to complement that vision, not compete with it. In Caspar's framing the EF maintains what makes Ethereum Ethereum, and Ethlabs will work to scale that to the world.
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The work streamsIn the episode, Ansgar sketched out Ethlabs's focus areas across three buckets:
Chain — Anything core protocol, including a push for L1 scaling that Ansgar has been pushing on for a while now. The upcoming Amsterdam hardfork, per the convo, should deliver something like ~4x throughput gains, and Ansgar's broader north star is a permanent 3x-per-year scaling trajectory for Ethereum going forward.Platform — Here will come the work that stems from the intersection between the chain and apps. This is where interoperability lives, and both Ansgar and Caspar were emphatic that Ethereum cannot be the central settlement node of the global economy if the UX of moving assets across L2s remains as fragmented as it is today. The superpower of a "United Chains of Ethereum," as Ansgar put it, only materializes if being in that bundle is an obvious no-brainer for any chain launching today. Right now, it isn't.Growth — The newest and most explicitly market-facing area of Ethlabs, this area of effort will focus on understanding what DeFi builders, Wall Street, and other finance-adjacent builders actually need from Ethereum, and then propagating those needs back upstream into research and EIPs.On ETH the assetOne of the more interesting threads in the episode was the discussion around ETH specifically, an area where the EF has historically been reticent.
As Ansgar argued, Ethereum and ETH can only win together, which means every protocol development decision needs to account for its effect on ETH's role and value accrual. He draws the Bitcoin comparison deliberately: Bitcoin's success is partly a matter of inevitability, as there's an aura around it that it will simply be there. That's what Ethereum, and ETH, need to build.
On the funding and longevity side, Caspar was candid that the org's accountability structure is quite intentional. Ethlabs has solid two-to-three-year runway and a starting team of five, with ambitious but lean hiring plans. Their plan for continued funding is to deliver impactful work, then come back to the community in a year and ask if their track record justifies further support.
Ansgar noted this accountability loop was a deliberate hedge against the classic nonprofit failure mode of drifting toward irrelevance without any real-world forcing function.
Alas, can Ethlabs pull off their plans and make a difference? We'll see, though it does seem clear to me that this group of Ethereum diehards is uniquely suited for the work they've set out for themselves. They're poised to have a big impact, and that's something everyone in Ethereum can root for. For now, catch up on all their thinking in our latest episode, out now for everyone!
Ethlabs: The New Org to Make Ethereum Win | Ansgar & Caspar on Bankless
Ethereum has a new R&D lab, and its mission is blunt: make Ethereum and ETH win.
Bitcoin is caught between a resistance zone and building liquidity above, while Ethereum mirrors a familiar February structure and XRP shows early signs of seller exhaustion.
Bitcoin: $60.5K to $61K Is the Wall
On the three-day chart, Bitcoin is holding above $60,000 without a confirmed candle close below. If that level breaks with confirmation and fails to be reclaimed, the next meaningful support sits at $54,000 to $55,000.
A bullish divergence is visible across the 12-hour, eight-hour, and daily timeframes, with lower price lows and higher RSI lows. That signal helped produce a short-term relief from recent extreme selling pressure. However, that relief has stalled directly at the $60,500 to $61,000 resistance zone, where previous support has flipped into resistance.
The liquidation heatmap shows significant liquidity clustered above at $62,000 and between $63,200 and $63,500, making a push toward $62,000 plausible once resistance clears. A smaller but growing liquidity pocket is also building below at $58,000, which becomes a target if stocks open weakly on Monday.
The weekly timeframe shows a large bullish divergence forming but not yet confirmed. The super trend indicator remains red.
Ethereum: Repeating February’s Pattern
Ethereum is holding the $1,500 to $1,600 support zone on the three-day chart. The daily chart closely mirrors the February structure, with horizontal lows, an oversold first low, and a higher RSI low suggesting early momentum recovery.
If the pattern continues to echo February, choppy sideways action or a modest relief rally could follow over the coming days. However, if stocks drag Bitcoin back toward $58,000 on Monday, Ethereum is unlikely to sustain any recovery regardless of its own setup.
XRP: Sellers Losing Steam, Not the Battle
XRP’s weekly trend remains technically bearish with no confirmed bottom. Support sits between $0.90 and $1.00, with the recent bounce from almost exactly $1.00. Resistance sits at $1.13.
The past two days have produced extremely small candle bodies, a classic outcome of a bullish divergence. Sellers are losing momentum rather than buyers taking control. Flat price action is the most likely outcome ahead of Monday’s stock market open.
What to Watch
Monday’s US market open is the single most important near-term catalyst. A stable open gives Bitcoin room to target the $62,000 liquidity zone. A weak open risks a move back to $58,000 and invalidates the short-term recovery signals across all three assets.
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Ethereum has fallen harder than Bitcoin, down nearly 70% from its high while the ETH/BTC ratio sits near multi-year lows. Will Ether keep lagging the market leader through 2026, or is the underperformance setting up a reversal? Here is the case on both sides, and what would flip it.
Summary
Ethereum trades near $1,550 as of late June 2026, down roughly 68% from its August 2025 all-time high near $4,950 and below every major moving average, the weakest technical picture among the large-cap majors. The ETH/BTC ratio sits near multi-year lows because Ether has fallen harder than Bitcoin’s roughly 52% drawdown, extending a multi-year stretch of underperformance against the market leader. The case for continued underperformance rests on Bitcoin’s ETF and treasury-driven institutional dominance, competition from Solana for on-chain activity, and a muddier investment narrative for Ether. The case for a reversal rests on deep-value pricing, staking yield, the Layer-2 and tokenization ecosystem, potential rotation of ETF flows, and the tendency of Ether to outperform in late-cycle altcoin phases. Year-end forecasts span roughly $1,266 at the bearish end to $4,400 to $5,300 at the bullish end, a gap that turns on whether capital rotates back toward Ether or stays concentrated in Bitcoin. Ethereum (ETH) is trading near $1,550 as of late June 2026, and it has fallen harder than almost any other large-cap crypto asset, which raises the question this article addresses: will Ether keep underperforming Bitcoin through the rest of 2026, or is the very depth of its decline setting up a reversal?
The numbers frame the problem starkly. Ether is down roughly 68% from its August 2025 all-time high near $4,950, a far deeper drawdown than Bitcoin’s roughly 52% fall from its own peak, and it trades below every major moving average, from the 20-day exponential average on up through the 200-day near $2,317, with a completed death cross and a relative strength index near 30.
Ethereum daily price chart — June 29 | Source: crypto.news The Fear and Greed reading sits around 13, even deeper in extreme fear than Bitcoin’s, and the $1,500 to $1,600 zone has become the line in the sand that bulls are defending; a clean loss of it opens $1,450 and then $1,400. Most tellingly for this question, the ratio of Ether’s price to Bitcoin’s sits near multi-year lows, the clearest single expression of how badly Ether has lagged the asset the market treats as its anchor.
That ratio, ETH measured against BTC, is the real subject of this piece, because the question is not only where Ether’s dollar price goes but whether it keeps losing ground to Bitcoin specifically. This article works through it from both directions: where Ethereum stands technically, what the ETH/BTC ratio actually measures and why it matters, the structural reasons Ether has underperformed, the case that the underperformance continues, the case that it reverses, what the analysts forecast, the specific conditions that would flip the ratio one way or the other, and three scenarios for both the ratio and the absolute price into year-end. The aim is to give a fair hearing to both sides, because this is a genuinely contested question on which thoughtful people disagree.
The forecasts here are information, not advice. And the framing to carry throughout is that Ether’s 2026 outcome has 2 layers: its dollar price, which depends heavily on the broad market, and its performance relative to Bitcoin, which depends on whether capital rotates back toward Ether or stays concentrated in the market leader. Both layers point to the same underlying question of whether Ethereum can reclaim the narrative momentum it has lost.
Where Ethereum stands right now The technical condition of Ethereum is the weakest among the large-cap majors, and being honest about that is the starting point. Near $1,550, Ether trades below its 20-day, 50-day, 100-day, and 200-day exponential moving averages, the last of which sits up near $2,317, meaning price is far beneath even its slowest-moving trend line. A death cross, the bearish crossover of shorter and longer averages, has completed, confirming the downtrend on the technical framework many traders use.
The relative strength index near 30 indicates oversold conditions and weak buying momentum, and the broader structure since the spring has been one of lower highs and lower lows, with sellers in control through a steep decline from the $2,000-plus range earlier in the year down to the current zone. The $1,500 to $1,600 area is the critical support, having acted as the 2026 floor, and below it the next levels are $1,450 and $1,400.
Sentiment is correspondingly grim. The Fear and Greed reading around 13 is a deeper extreme fear than Bitcoin’s, reflecting how thoroughly the market has soured on Ether specifically. The drawdown of roughly 68% from the August 2025 high near $4,950 is severe even by crypto standards and significantly worse than Bitcoin’s contemporaneous decline, which is the heart of the underperformance story. To improve the picture,
Ether needs, at minimum, to reclaim short-term resistance near $1,700 to $1,750, and a genuine trend change would require recovering the higher averages up toward $2,000 and then $2,317. Until then, the structure is bearish, and the burden of proof sits with buyers.
This is the uncomfortable backdrop against which the underperformance question must be answered: Ether is not merely down; it is down harder than Bitcoin, deeper in fear, and weaker on the charts, which is exactly why some see capitulation and opportunity while others see a structurally lagging asset with further to fall.
What the ETH/BTC ratio is telling us To analyze underperformance properly, you have to understand the ETH/BTC ratio, because it strips out the broad market and isolates the question of Ether versus Bitcoin specifically. The ratio simply expresses Ether’s price in terms of Bitcoin rather than dollars, and it rises when Ether outperforms Bitcoin and falls when Ether lags. Right now it sits near multi-year lows, which is the precise, quantified statement of the problem: over an extended period, and especially through the 2025 to 2026 drawdown, Ether has lost value against Bitcoin, not just against the dollar. When both assets fall, but one falls more, the ratio captures the difference, and Ether’s roughly 68% drawdown against Bitcoin’s roughly 52% means Ether has shed a meaningful chunk of its value relative to the market leader.
Why does this matter beyond bookkeeping? The ETH/BTC ratio is one of the most-watched gauges in crypto because it functions as a barometer of risk appetite and capital rotation within the asset class. When the ratio rises, it typically signals that capital is rotating out of Bitcoin and into Ether and the broader altcoin complex, the classic risk-on, altcoin-season dynamic. When it falls, as now, it signals that capital is concentrating in Bitcoin, treating it as the safer, more institutionally endorsed crypto asset while shunning the higher-beta alternatives.
A ratio near multi-year lows therefore tells a story: the market, in its current risk-off and Bitcoin-dominated mood, has been choosing Bitcoin over Ether decisively. For the question of whether Ether underperforms again in 2026, the ratio is both the scoreboard and the leading indicator.
A continued decline or stagnation in the ratio means underperformance persists; a sustained turn upward would be the clearest sign that Ether is regaining ground. Everything that follows, the structural arguments and the catalysts, ultimately expresses itself through which way this ratio moves.
Why Ethereum has underperformed Understanding the causes of Ether’s underperformance is essential to judging whether it continues, and several structural forces have converged against it. The 1st and arguably most important is the institutional bid for Bitcoin that Ether has not matched in kind.
Spot Bitcoin ETFs and a wave of corporate Bitcoin treasuries have created sustained, price-insensitive demand that treats Bitcoin as digital gold and a primary reserve asset, a role with no clear Ether equivalent. While Ether has its own ETFs, the institutional narrative around Bitcoin as a macro reserve asset has been far more powerful, channeling the bulk of institutional crypto allocation toward Bitcoin and leaving Ether to compete for a smaller, more speculative pool of capital. In a risk-off market, that distinction is decisive: capital flows to the asset with the strongest institutional endorsement, which has been Bitcoin.
The 2nd force is competition for Ethereum’s core use case. Solana and other high-throughput chains have captured a large share of the on-chain activity, particularly the memecoin and high-frequency trading culture, that once would have flowed to Ethereum, challenging Ether’s status as the default smart-contract platform and muddying its growth narrative.
The 3rd is a narrative problem of Ether’s own. Following its technical upgrades, the relationship between network activity and value accrual to the token has become more complicated, with much activity migrating to Layer-2 networks whose fees do not always translate cleanly into demand for Ether, leaving the investment case harder to articulate than Bitcoin’s simple scarcity story.
Together, these forces- Bitcoin’s institutional dominance, Solana’s competitive pressure, and a muddier value-accrual narrative- explain why capital has favored Bitcoin and why the ETH/BTC ratio has fallen to multi-year lows. They are real and structural, not merely cyclical, which is what gives the continued-underperformance thesis its force.
The case that the underperformance continues The bearish-on-ratio case holds that the forces just described are durable and that Ether keeps lagging Bitcoin through 2026. Its strongest pillar is that the institutional preference for Bitcoin is structural rather than temporary. As long as the dominant institutional narrative casts Bitcoin as the crypto reserve asset and digital gold, with ETFs and treasuries channeling allocation toward it, Ether will struggle to attract a comparable bid, and in any risk-off phase capital will continue concentrating in Bitcoin.
This is not a sentiment that flips quickly; it reflects how large allocators have categorized the two assets, and that categorization has only deepened through the current drawdown. On this view, the ETH/BTC ratio at multi-year lows is not an anomaly poised to mean-revert but the accurate reflection of a lasting shift in how the market values the two.
The competitive and narrative pillars reinforce the case. If Solana and other chains continue to capture on-chain activity and developer attention, Ethereum’s growth story weakens further, and a weakening fundamental narrative makes it harder for Ether to outperform regardless of price level. The muddled value-accrual picture, with activity on Layer-2 networks not cleanly driving Ether demand, means that even genuine ecosystem growth may not translate into the token appreciation that would lift the ratio. Bears also note that Ether’s deeper drawdown is itself a warning: an asset that falls harder than the market leader in a downturn is displaying higher beta and weaker relative strength, traits that tend to persist until a clear catalyst changes them.
In this reading, the most likely path for 2026 is that Ether’s dollar price may rise or fall with the broad market, but it continues to underperform Bitcoin specifically, with the ratio grinding sideways to lower, because none of the structural forces working against it have meaningfully reversed. The underperformance, on this thesis, is a feature of the current market regime, not a temporary dislocation.
The case for a reversal The bullish-on-ratio case is equally serious and rests on the proposition that Ether’s underperformance has gone far enough to create the conditions for its own reversal. The 1st pillar is deep value. After a 68% drawdown that has driven Ether to multi-year lows against Bitcoin and into extreme fear, the bull argument is that the selling has been overdone, that much of the bad news, the competition, the narrative confusion, the risk-off flight to Bitcoin, is now priced in, and that assets this oversold relative to the leader have historically offered strong mean-reversion potential when sentiment turns.
The 2nd pillar is Ether’s genuine fundamental base, which remains the deepest in the smart-contract world: it anchors the largest decentralized finance ecosystem, hosts the bulk of tokenized real-world asset activity, supports a sprawling Layer-2 network of scaling solutions, and offers a staking yield that gives holders a return Bitcoin does not. These are real assets that a reversal thesis can build on.
The 3rd pillar is the potential for capital rotation, which is how ratio reversals historically happen. In past cycles, after Bitcoin leads a move and its dominance peaks, capital has frequently rotated into Ether and the broader altcoin complex in a late-cycle altcoin season that drives the ETH/BTC ratio sharply higher, and bulls argue the current extreme in Bitcoin dominance and Ether weakness is exactly the kind of setup that precedes such a rotation.
Specific catalysts could trigger it: ETF flows rotating from Bitcoin toward Ether, particularly if Ether ETF staking features attract yield-seeking institutional capital; a stumble in Solana’s momentum that returns activity and attention to Ethereum; a broad macro shift to risk-on that lifts the higher-beta assets most; and the growth of tokenization and institutional finance building on Ethereum translating into clearer token demand.
On this view, the very severity of Ether’s underperformance, the multi-year-low ratio and the extreme fear, is the contrarian signal, and 2026 could be the year the ratio turns as capital rotates back toward a deeply discounted asset with the strongest fundamental ecosystem in its category. The reversal is not guaranteed, but it is a coherent thesis grounded in real catalysts and historical precedent.
What the analysts forecast The analyst forecasts for Ether’s dollar price in 2026 span a wide range that maps onto the underperformance debate. On the bearish side, model-driven and cautious forecasters see continued weakness: Traders Union’s statistical model projects a year-end average near $1,266, and DigitalCoinPrice has pointed to a 4th-quarter low around $1,370, both implying Ether stays near or below current levels and, by extension, likely keeps underperforming a Bitcoin that most forecasters see holding higher absolute levels. These bearish targets are consistent with the thesis that the structural forces against Ether persist and that the ratio does not recover.
On the bullish side, forecasters such as BitScreener have projected Ether reaching toward $4,676 by year-end, and others, including Cryptopolitan and the optimistic scenarios at LiteFinance, point to ranges of roughly $4,400 to $5,300, which would imply a powerful recovery and, if Bitcoin does not rise proportionally, a sharp improvement in the ETH/BTC ratio.
The gap between roughly $1,266 and $5,300 for the same asset in the same year is enormous, and like Bitcoin and XRP, it reflects genuine uncertainty rather than careless modeling. The bearish numbers assume the structural underperformance continues and Ether stays pinned near its lows; the bullish numbers assume a reversal driven by rotation, deep-value mean reversion, and Ether’s fundamental strengths reasserting themselves.
What the forecasts collectively reveal is that Ether’s 2026 outcome is even more binary than Bitcoin’s, because it depends not only on the direction of the broad market but on whether capital rotates back toward Ether specifically. An investor who believes the rotation comes will lean toward the high forecasts; one who believes Bitcoin’s dominance is structural will lean toward the low ones.
The forecasts cannot settle the debate; they can only show how much rides on it. For the underperformance question specifically, the spread is a reminder that Ether is the higher-variance bet, capable of both deeper losses and sharper recoveries than the market leader, which is precisely the profile of an asset whose relative performance is genuinely up for grabs.
What would flip the ratio, and what would keep it down The underperformance question ultimately resolves into a set of watchable conditions, and naming them is more useful than guessing. The ratio would flip in Ether’s favor on several developments. The clearest would be a broad rotation into altcoins, the classic late-cycle dynamic in which Bitcoin dominance peaks and capital flows down the risk curve into Ether first; a sustained turn upward in the ETH/BTC ratio off its multi-year lows would be the signal that this is underway. ETF flows rotating toward Ether, especially if staking-enabled Ether products draw yield-seeking institutional capital, would provide a concrete demand catalyst.
A stumble in Solana’s momentum that returns on-chain activity and developer attention to Ethereum would repair the competitive narrative. A macro shift to risk-on, with the Federal Reserve easing and liquidity improving, would favor the higher-beta asset, which is Ether. And technically, reclaiming resistance near $1,700 to $1,750 and then the higher averages toward $2,000 and $2,317 would confirm a trend change. If these align, the reversal thesis gains the upper hand.
The conditions that keep Ether underperforming are the mirror image. Continued institutional concentration in Bitcoin, with ETFs and treasuries channeling allocation toward the market leader and away from Ether, would preserve the structural imbalance. Ongoing Solana strength and further erosion of Ethereum’s on-chain dominance would keep the fundamental narrative weak.
A persistent risk-off market would keep capital huddled in Bitcoin instead of rotating into higher-beta Ether. And technically, a loss of the $1,500 support that opens $1,450 and $1,400 would confirm that sellers remain in control and that the ratio is still falling. The practical discipline for anyone watching this question is to track the ETH/BTC ratio directly as the scoreboard, alongside Bitcoin dominance, ETF flow data, Solana’s activity trends, and the macro backdrop. Those signals will reveal whether 2026 is another year of Ether lagging the leader or the year the long underperformance finally reverses. The market will answer the question through the ratio; the job is to watch it instead of to assume.
Three scenarios for Ethereum in 2026 Translating the debate into scenarios captures both the dollar price and the relative-performance dimension. In the bull scenario, the underperformance reverses. Capital rotates into Ether in a late-cycle altcoin phase, ETF flows and staking demand pick up, Solana’s momentum cools, the macro turns risk-on, and Ether recovers toward the $4,400 to $5,300 range that the optimistic forecasts describe, with the ETH/BTC ratio turning sharply higher off its multi-year lows.
In this world, Ether not only rises in dollar terms but decisively outperforms Bitcoin, rewarding the deep-value and rotation thesis. It is a coherent path, grounded in historical precedent and real catalysts, but it requires the structural forces that have favored Bitcoin to loosen.
In the base scenario, Ether broadly tracks the market without a clean resolution of the underperformance question. It stabilizes around current levels, recovers modestly if the broad market does, but continues to lag Bitcoin or merely matches it, with the ETH/BTC ratio grinding sideways near its lows instead of reversing decisively. Ether’s dollar price spends 2026 in a wide, volatile band, and the relative-performance question stays unresolved into 2027. This middle path reflects how balanced the structural arguments are and is a reasonable central expectation. In the bear scenario, the underperformance deepens.
Bitcoin’s institutional dominance persists, Solana continues to pressure Ethereum, the market stays risk-off, Ether loses the $1,500 support and slides toward $1,400 and below, validating the bearish forecasts near $1,266, and the ETH/BTC ratio falls further as capital keeps choosing Bitcoin. Which scenario unfolds depends on capital rotation, ETF flows, the Solana competition, and the macro backdrop, all of which express themselves through the ETH/BTC ratio. All 3 are live, and the breadth between them is exactly why Ether is the higher-variance bet among the majors heading into the rest of 2026.
Frequently Asked Questions Will Ethereum underperform Bitcoin in 2026? It is truly contested. Ether has underperformed Bitcoin badly, down roughly 68% from its 2025 high versus Bitcoin’s roughly 52%, pushing the ETH/BTC ratio to multi-year lows. The case for continued underperformance rests on Bitcoin’s structural institutional dominance through ETFs and treasuries, competition from Solana for on-chain activity, and a muddier value-accrual narrative for Ether. The case for a reversal rests on deep-value pricing after the severe drawdown, Ether’s strong fundamental ecosystem and staking yield, and the potential for capital to rotate into Ether in a late-cycle altcoin phase. The deciding signal is the ETH/BTC ratio itself; a sustained turn higher would mark a reversal, while continued weakness would confirm more underperformance.
Why has Ethereum fallen harder than Bitcoin? Several structural forces have weighed on Ether more than Bitcoin. The biggest is the institutional bid for Bitcoin as digital gold and a reserve asset, channeled through ETFs and corporate treasuries, with no equally powerful equivalent for Ether. Competition from Solana and other high-throughput chains has captured on-chain activity that once flowed to Ethereum, weakening its growth narrative. And Ether’s value-accrual story has grown more complicated, with much activity migrating to Layer-2 networks whose fees do not cleanly translate into demand for the token. In a risk-off market, capital concentrates in the asset with the strongest institutional endorsement, which has been Bitcoin, leaving higher-beta Ether to fall harder.
What is the ETH/BTC ratio and why does it matter? The ETH/BTC ratio expresses Ether’s price in terms of Bitcoin instead of dollars; it rises when Ether outperforms Bitcoin and falls when Ether lags. It matters because it strips out the broad market and isolates the question of Ether versus Bitcoin specifically, and because it functions as a barometer of risk appetite and capital rotation within crypto. A rising ratio typically signals capital rotating out of Bitcoin into Ether and altcoins, the classic altcoin-season dynamic; a falling ratio, as now near multi-year lows, signals capital concentrating in Bitcoin. For the underperformance question, the ratio is both the scoreboard and the leading indicator, so watching it directly is the best way to judge whether Ether is regaining or losing ground.
What would make Ethereum outperform again? A reversal would likely require capital rotation into Ether, the late-cycle dynamic in which Bitcoin dominance peaks and money flows into Ether and altcoins, signaled by the ETH/BTC ratio turning up off its lows. Concrete catalysts include ETF flows rotating toward Ether, especially staking-enabled products attracting yield-seeking capital; a stumble in Solana’s momentum returning activity to Ethereum; a macro shift to risk-on that favors higher-beta assets; and Ether reclaiming technical resistance near $1,700 to $1,750 and then the higher averages toward $2,000 and $2,317. The bull thesis also leans on deep value after the 68% drawdown and Ether’s strong fundamentals in decentralized finance, tokenization, Layer-2s, and staking. If these align, the long underperformance could reverse in 2026.
What are analysts forecasting for Ethereum in 2026? The range is very wide. Bearish, model-driven forecasts see continued weakness, with Traders Union projecting a year-end average near $1,266 and DigitalCoinPrice pointing to a 4th-quarter low around $1,370, implying Ether stays near its lows. Bullish forecasts are far higher, with BitScreener toward $4,676 and others, including Cryptopolitan and optimistic scenarios at LiteFinance, in the $4,400 to $5,300 range, implying a strong recovery. The gap from roughly $1,266 to $5,300 reflects genuine uncertainty: the low end assumes structural underperformance continues, while the high end assumes a reversal driven by rotation and deep-value mean reversion. Ether’s outcome is more binary than Bitcoin’s because it depends on whether capital rotates back toward Ether specifically.
Is Ethereum a better buy than Bitcoin right now? This article does not give buy recommendations, and the honest answer is that it depends entirely on the question it examines. Ether offers higher potential reward if the underperformance reverses, because it is more deeply discounted and has more room to mean-revert, but it carries higher risk because the structural forces favoring Bitcoin- institutional dominance, Solana competition, and a muddier narrative- may persist. Bitcoin has been the safer, more institutionally endorsed asset that capital has favored in the risk-off market. Choosing between them is really a bet on whether capital rotates back toward Ether in 2026 or stays concentrated in Bitcoin, which is the unresolved question at the center of this analysis. Both are highly volatile and can lose value.
This article is information, not financial or investment advice. Ethereum and Bitcoin price levels, the ETH/BTC ratio, indicator readings, and analyst forecasts reflect data available as of June 28, 2026, are point-in-time, and can change rapidly. Cryptocurrency is highly volatile, and you can lose money. Price predictions are inherently uncertain, and the scenarios described are not guarantees. Do your own research and consult a qualified financial professional before making any investment decision.
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TL;DR Bitmine Immersion Technologies has expanded its Ethereum treasury to 5,700,040 ETH. The latest update places the company among the largest publicly disclosed corporate Ethereum holders. The move keeps the focus on whether ETH treasury strategies are becoming a more serious corporate playbook, not just a Bitcoin-only story. Bitmine Adds To Its Ethereum Stack Bitmine Immersion Technologies has added to its Ethereum holdings again, expanding its treasury to 5,700,040 ETH after its latest reported purchase.
For readers, the important point is not just that another public company bought more crypto. It is that the company is continuing to treat Ethereum as a treasury asset at a time when the market has been under pressure and sentiment around crypto risk has weakened.
That makes this a little different from the usual “company buys token, price may move” story. Bitmine is building a position that is now large enough to sit in the same conversation as the more familiar corporate Bitcoin treasury strategies. The asset is different, the market structure is different, and the risk profile is different, but the treasury logic is similar: hold a major crypto asset on the balance sheet and let investors decide whether that exposure is a feature or a risk.
Why This Matters For ETH Ethereum has spent years being viewed through several lenses at once. It is the base layer for DeFi, NFTs, stablecoins, tokenized assets, and much of the on-chain economy. But as a corporate treasury asset, it has not had the same simple public-market narrative as Bitcoin.
That is why Bitmine’s continued accumulation is worth watching. A company holding millions of ETH does not automatically create a new institutional trend, but it does add another example for investors trying to understand whether ETH can become a balance-sheet asset beyond crypto-native funds and staking-heavy vehicles.
It also raises a cleaner market question: if companies start holding ETH in size, are they buying it for price exposure, network utility, staking economics, or all three? Those distinctions matter. Bitcoin treasury companies are generally easy to explain: they hold BTC because they want Bitcoin exposure. Ethereum treasury strategies can become more complicated because ETH sits inside a broader network economy.
The Reader-Relevant Takeaway The latest purchase does not prove that corporate Ethereum accumulation is about to accelerate across the market. It does, however, show that Bitmine is still leaning into the strategy despite a weaker crypto tape.
That is the part traders will care about. In soft markets, treasury additions can be read as confidence, but they can also be read as concentration risk. If ETH strengthens from here, the move may look well-timed. If ETH weakens, the size of the position will invite tougher questions about volatility and treasury management.
For now, Bitmine has made the signal clear: it wants to be known as one of the biggest public Ethereum holders, and it is still adding to the stack.
—
This article was written by the News Desk and edited by Samuel Rae.
GameStop said it will continue to advance its $56 billion acquisition plan for eBay.
According to Reuters, GameStop says it will continue advancing its acquisition of eBay, even after the e-commerce giant rejected its roughly $56 billion all-cash and stock offer. GameStop CEO Ryan Cohen’s May proposal to acquire eBay took Wall Street by surprise. Cohen argued the combined entity would be a stronger competitor to Amazon, and stated he would oversee its operations. eBay rejected the offer that same month. GameStop noted it remains committed to the acquisition plan, but did not disclose the deal’s rationale or next steps. Separately, in a brief regulatory filing, GameStop projected its adjusted EBITDA for fiscal 2026 will exceed $600 million, up from the $345.4 million reported for fiscal 2025.
10 minutes ago
The USD/JPY exchange rate has risen above 162, marking the first time in nearly 40 years.
According to data from Bitget, depreciation pressure on the Japanese yen continues to intensify, with the USD/JPY exchange rate breaching the 162 threshold for the first time since December 1986.
10 minutes ago
Crypto KOL Ansem has airdropped 67.38 million ANSEM tokens to over 700 addresses, valued at approximately $9.43 million.
According to Lookonchain’s monitoring, crypto KOL Ansem has airdropped 67.38 million ANSEM tokens to over 700 addresses, valued at $9.43 million. Of the total, 49.89 million ANSEM (worth $6.98 million) went to seven addresses. These seven addresses have sold 38.29 million ANSEM, generating $1.29 million in proceeds, and currently hold 11.6 million ANSEM, valued at $1.62 million.
10 minutes ago
South Korea's KOSPI index extended its decline to 2%, with SK Hynix falling 3%.
According to Bitget data, South Korea’s KOSPI index has extended its decline to 2%, with Samsung Electronics down 0.4% and SK Hynix down 3%.
10 minutes ago
Serenity: Bullish on Agility Robotics and Unitree in the humanoid robot sector
Serenity stated in a post that it favors robotics firms Unitree and Agility Robotics, adding that its largest position in the humanoid robot space is currently concentrated in Agility Robotics, as it personally prefers U.S.-based humanoid robot companies. Regarding exposure to upstream components, Serenity said it currently holds Harmonic Drive (6324), noting that harmonic reducers and related parts account for a large share of the bill of materials. It also holds Vishay Precision, citing its sensor business and potential to become a candidate supplier for Tesla Optimus. It also expresses optimism about LeaderDrive (688017) and Schaeffler, though it does not hold positions in these firms. In other AI data center-related companies, it also gains indirect exposure to robotics through areas like storage. Serenity emphasized that it does not advise anyone to replicate its positions, noting it is only sharing its personal holdings and views. Serenity said the humanoid robot industry is large, citing a Goldman Sachs report that states, "South Korean companies will directly and indirectly account for 30% of global humanoid robot output." It noted that there are numerous players globally, and related companies continue to appear in Goldman Sachs' institutional reports and coverage. Currently, Agility Robotics is its most favored company.
10 minutes ago
SemiAnalysis: AI semiconductor manufacturing bottlenecks may extend to critical materials such as tungsten
Independent semiconductor and AI research institute SemiAnalysis noted in a report that one of the most underrated ways to contribute to AI semiconductor development may not be the chips themselves, but materials. As the industry accelerates production of more advanced semiconductors, demand growth is not limited to GPUs and foundry equipment, but also extends to the critical materials underpinning modern chip manufacturing. Taking tungsten as an example, the report points out that tungsten is one of the most critical materials in semiconductor manufacturing, valued for its high-temperature stability and resistance to electrical wear. Foundries rely on chemical vapor deposition (CVD) to fill deep, high-aspect-ratio vertical vias connecting multi-layer chip architectures, and use physical vapor deposition (PVD) to deposit ultra-thin structural barrier layers around them. Because tungsten is used in both core deposition processes, it is irreplaceable in advanced chip production. Tungsten supplies appear to be increasingly constrained. High-purity tungsten metal powder is the primary raw material for manufacturing tungsten hexafluoride (WF6), a gas used in CVD. Japan hosts key tungsten hexafluoride suppliers including SK Materials and Shin-Etsu Chemical, but is facing sharp price hikes and a significant drop in tungsten raw material imports, making it nearly impossible to continue producing this critical material. This price pressure is also reflected in South Korea’s tungsten hexafluoride import prices, which have surged by 151% year-to-date. As semiconductor complexity and AI demand rise, bottlenecks may emerge not only in chips or equipment, but also in the critical materials at the base of the entire supply chain.
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.
Bitcoin climbed back above $60,000 after Strategy Inc. (NASDAQ:MSTR) unveiled its BTC monetization and capital restructuring program, easing near-term concerns and supporting a rebound in crypto sentiment.
Notable Statistics:
Coinglass data shows 86,762 traders were liquidated in the past 24 hours for $355.22 million. SoSoValue data shows net outflows of $444.5 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $12.9 million. In the past 24 hours, top losers include MemeCore, Velvet and Pi. Notable Developments:
Trader Notes:
Analyst Ted Pillows noted that Bitcoin recorded its first weekly close below $60,000 in nearly two years, signaling a significant technical breakdown.
He also pointed to continued spot Bitcoin ETF selling and the prospect of Strategy selling Bitcoin as additional headwinds, arguing BTC is likely to fall toward $50,000 before eventually rallying to $100,000.
Trader Justin Bennett said Bitcoin’s first weekly close of the year below $60,000 reflects persistent bearish market structure despite expected end-of-month and quarter-end institutional positioning.
A short-term relief rally or bullish reversal is possible.
Expert Benjamin Cowen pointed out that Bitcoin posted a weekly close below its 200-week moving average, calling it another example of the recurring four-year market cycle.
He also noted that the first weekly close below the 200-week moving average during the 2022 bear market likewise occurred in June, suggesting a historical parallel with the current price action.
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Demand for Shiba Inu is a major issue. Although "buying volume at zero" is not a precise description of the market, current technical and on-chain indicators indicate that significant buying interest has all but vanished, making SHIB susceptible to additional drops. The recent increase in exchange inflows is the most evident cause.
Trillions of SHIB tokens have been moved to centralized exchanges in the past few days. While exchange outflows approached 295 billion SHIB, exchange inflows surpassed 240 billion SHIB. Despite the fact that netflow is still negative overall, the abrupt increase in deposits has sparked worries that large holders are getting ready to sell rather than buy.
SHIB/USDT Chart by TradingViewInstead of waiting for sales to happen, traders respond to the potential for future selling pressure. Instead of attempting to catch a falling knife, many investors would rather step aside when billions or trillions of tokens arrive on exchanges. This lack of confidence is reflected in the chart. Since breaking out of a multi-month rising wedge pattern, SHIB has failed all significant attempts at recovery.
HOT Stories
The asset is still trading below its 50-, 100-, and 200-day moving averages, all of which remain in a bearish formation. Due to the fact that every rally has been sold into, buyers are becoming more and more hesitant to enter the market. The lack of speculative momentum is an additional problem.
Historically, SHIB has depended on social media attention, retail enthusiasm, and quick inflows of risk capital. None of those catalysts are present in the current market environment. Meme coins have found it difficult to compete for investors' attention as Bitcoin, Solana, and other assets draw the little capital that is still entering cryptocurrency markets. It is worth noting that some network metrics are improving.
Over the last 24 hours, there has been an increase in active addresses, active sending addresses, and transaction counts. A recovery narrative would normally be supported by increasing activity. Nonetheless, it seems that investors are more concerned with price action than network usage. Improving on-chain activity is unlikely to alter sentiment as long as SHIB keeps setting lower highs and lower lows.
Dogecoin's Potential Bottom It looks like Dogecoin is finally approaching the point where its downward momentum is running out. Several technical signals indicate that DOGE may be forming a local bottom near current levels following months of unrelenting selling pressure and a nearly continuous series of lower highs and lower lows. After going through one of the worst corrections of the current cycle, the meme cryptocurrency is currently trading at about $0.072. With sellers retaining total control over the market, DOGE has lost more than 35% of its value since reaching a peak above $0.11 in May.
The most recent price action, however, suggests that the decline's intensity may be lessening. The Relative Strength Index is one of the most significant indicators. With its RSI down to about 21, DOGE is firmly in oversold territory. In the past, readings below 30 have been indicative of severe selling pressure.
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Oversold conditions frequently precede periods of stabilization or relief rallies, but they do not by themselves ensure a reversal. The gap between the current price and major moving averages is another positive indicator. At the moment, DOGE is trading well below its 50-, 100-, and 200-day moving averages. Such dislocations seldom last forever. Over time, markets typically return to their averages, particularly following protracted episodes of panic selling.
The potential for a bottoming process is further supported by volume dynamics. The explosive selling volume that marked previous breakdowns has not coincided with recent declines. This implies that there may be less immediate selling pressure, as many weak hands may have already sold their positions. Nevertheless, it would be premature to declare a complete trend reversal.
The overall market structure is still negative, and DOGE is still below all significant resistance levels. Regaining the 50-day moving average around $0.083 would be the first obstacle facing bulls. The 100-day and 200-day moving averages at $0.093 and $0.11, respectively, would become significant barriers above that.
Bitcoin Is Back in the Trading RangeOne of the most significant psychological levels in the cryptocurrency market is being tested once more by Bitcoin. Following weeks of intense selling pressure, Bitcoin has returned to the $59,000–$60,000 range, where bulls are trying to avert another significant collapse. The technical picture is still very bearish, which is the concern.
Recently, an upward trendline supporting the April–May recovery rally in Bitcoin was lost. The sharp selloff that ensued throughout June was made possible by the breakdown, which signaled the end of the medium-term uptrend. Every attempt at recovery since then has been met with fresh selling pressure.
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At the moment, Bitcoin is trading below its 50-, 100-, and 200-day moving averages. While the 100-day and 200-day averages, at roughly $69,000 and $76,500, respectively, remain significantly above current prices, the 50-day EMA near $63,700 has emerged as the first significant resistance level.
BTC/USDT Chart by TradingViewThis alignment demonstrates that sellers continue to dominate the overall trend. The $60,000 threshold has become a battlefield. Traders and institutions have historically paid close attention to round numbers, and Bitcoin is no different. Although buyers have so far managed to avoid a clear breakdown below this level, support is eroding with each retest. Momentum indicators are sending conflicting signals. With the RSI declining toward 30, Bitcoin is now close to being oversold.
This raises the likelihood of a relief rally and implies that selling pressure may be running out in the near future. Oversold conditions, however, frequently persist longer than traders anticipate during severe downtrends. Volume remains a concern. Elevated selling activity has coincided with recent declines, suggesting that market participants are still reducing exposure rather than actively accumulating.
Bulls' immediate goals are straightforward: protect $60,000 and push Bitcoin above the 50-day moving average. A more extensive rebound toward the $69,000 area could be sparked by a successful move above $64,000. However, the market may experience another wave of liquidation pressure if support fails. In that case, as traders look for the next significant support zone, Bitcoin would likely enter a new stage of price discovery to the downside.
Arthur Hayes, a well-known figure in the cryptocurrency market, criticized XRP and ADA, both of which have strong communities.
BitMEX co-founder Arthur Hayes has leveled harsh criticism against Cardano (ADA) and Ripple (XRP).
Hayes argued that while neither project produced anything tangible, their strong communities allowed them to maintain their presence in the market in the long term.
Hayes, in his assessment of Cardano and Ripple, stated, “Cardano and Ripple are absolutely doing nothing. But if the community gets rich along with the founders, it will stay with you forever.” According to Hayes, ADA will likely remain among the top 50 cryptocurrencies by market capitalization even 15 years from now, and its supporters will continue to defend the project.
Hayes further intensified his criticism of Cardano, comparing it to AI stocks and arguing that ADA fails to generate fundamental value. Hayes stated, “An AI stock at least has some fundamentals. Cardano had a chance to revive its fundamentals. At least SK Hynix generates revenue and profit. ADA does absolutely nothing; it promised the world and delivered none of it.”
Hayes stated that Cardano’s long presence on the market and its significant price increases in the past have kept community support alive. However, he argued that the project has not met expectations on the technical development side.
Hayes stated, “Cardano is garbage, they haven’t done anything. The best thing about it was its initially good tokenomics. ADA has been on the market for a long time, its price has risen a lot, so people like it. Smart contracts? Never. What real progress has been made? Zero.”
*This is not investment advice.
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Cardano’s network has continued to see notably low transaction fees in recent months, alongside progress in decentralization metrics and declining user costs. Data from the platform highlights that despite ADA’s weak price action, Cardano is maintaining technical resilience on the blockchain side.
Transaction fees remain lowAccording to Chainspect data shared by analyst MB, Cardano’s transaction fees have largely fluctuated within a narrow range of $0.07 to $0.09 over the past three months. While transaction costs have surged rapidly during busy periods on many blockchains, Cardano has managed to keep operating costs low despite ongoing transfers and staking activity.
During periods of increased network use, fees briefly approached $0.09, a spike attributed primarily to DeFi and NFT transactions. However, this rise proved temporary; by June 20, transaction costs had slumped to $0.05143. This marks a roughly 35% drop from the previous average of $0.08.
Despite higher on-chain activity, Cardano managed to keep transaction costs low, with fees falling to $0.05143 on June 20.
ADA price outlook remains cautiousAlthough the network’s technical performance appears stable, ADA’s market structure remains fragile. Analyst Ali Charts noted that following a recent attack on Cardano wallets—resulting in the theft of 129 million ADA, worth around $20 million—the daily chart has shown a TD Sequential buy signal.
However, doubts persist about the sustainability of any price rebounds. Analysts highlight a key resistance zone between $0.160 and $0.176. The formation of lower highs and lower lows in ADA’s price structure continues to weigh on sentiment. At the time of reporting, ADA is trading above $0.144, currently near $0.1503.
Mini glossary: TD Sequential is a technical analysis indicator that helps identify possible turning points in price action, while resistance refers to a price region where selling pressure may stall a rally.
Decentralization and institutional interest in focusCardano is showing signs of not only stable fees but also a strengthening network structure. Chainspect data reveals the network’s Nakamoto coefficient has climbed to 28—a figure measuring the minimum number of independent entities required to compromise a blockchain’s control. With this metric, Cardano has surpassed Avalanche to claim third place for decentralization.
In practical terms, this means 28 independent actors would need to act in concert to undermine Cardano’s network. Developed in 2017 under the leadership of Charles Hoskinson, Cardano is known for its research-driven approach to blockchain innovation.
Institutional activity around Cardano is picking up as well. Market analyst Cheeky Crypto reported that asset manager Bitwise is planning to launch an ETF comprising 10 cryptocurrencies, including ADA. Bitwise is a leading developer of crypto-focused investment products, and such a launch could boost institutional interest in Cardano.
Cheeky Crypto stated that Bitwise’s plan for an ETF including ADA could be a catalyst for increased institutional engagement with Cardano.
In the coming period, traders will be watching to see if ADA can establish a foothold above the $0.160–$0.176 resistance range. Network activity, deepening decentralization, and Bitwise’s ETF initiative are expected to be key factors shaping price trends moving forward.
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.
In the latest trading session, Whirlpool (WHR - Free Report) closed at $38.00, marking a -2.51% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.18%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.
Shares of the maker of Maytag, KitchenAid and other appliances have depreciated by 10.23% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 1.1%, and the S&P 500's loss of 2.9%.
The upcoming earnings release of Whirlpool will be of great interest to investors. The company is predicted to post an EPS of $0.13, indicating a 90.3% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $3.6 billion, down 4.57% from the prior-year quarter.
WHR's full-year Zacks Consensus Estimates are calling for earnings of $1.73 per share and revenue of $15.03 billion. These results would represent year-over-year changes of -72.23% and -3.19%, respectively.
Any recent changes to analyst estimates for Whirlpool should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 31.71% lower. Whirlpool presently features a Zacks Rank of #5 (Strong Sell).
With respect to valuation, Whirlpool is currently being traded at a Forward P/E ratio of 22.53. This represents no noticeable deviation compared to its industry average Forward P/E of 22.53.
It's also important to note that WHR currently trades at a PEG ratio of 22.53. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Household Appliances industry currently had an average PEG ratio of 43.41 as of yesterday's close.
The Household Appliances industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 244, this industry ranks in the bottom 1% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Badger Meter (BMI - Free Report) closed the most recent trading day at $138.67, moving -1.57% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Meanwhile, the Dow experienced a rise of 0.59%, and the technology-dominated Nasdaq saw an increase of 2.07%.
Shares of the manufacturer of products that measure gas and water flow have appreciated by 13.7% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.33%, and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Badger Meter in its upcoming release. The company is expected to report EPS of $1.01, down 13.68% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $219.66 million, indicating a 7.75% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.51 per share and revenue of $909.27 million, which would represent changes of -5.85% and -0.81%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Badger Meter. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Badger Meter currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Badger Meter has a Forward P/E ratio of 31.24 right now. This signifies no noticeable deviation in comparison to the average Forward P/E of 31.24 for its industry.
Investors should also note that BMI has a PEG ratio of 2.53 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. BMI's industry had an average PEG ratio of 1.94 as of yesterday's close.
The Instruments - Control industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 110, putting it in the top 46% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
The CEO of Tether, Paolo Ardoino, has made some serious criticism on big tech in his latest tweet. In his tweet, the CEO of $USDT stablecoin issuer, Tether, has accused major technology companies of waging a campaign against open-source artificial intelligence. He has argued that concerns over AI safety are being raised only to protect struggling business models rather than safeguarding users.
Centralized big-tech AI is starting a warpath against open-source AI models.
The excuse: safety.
The reality: extinction of their business model, already heavily underwater with gazillion dolllars capex.
— Paolo Ardoino 🤖 (@paoloardoino) June 29, 2026 Ardoino Questions Big Tech’s AI Safety Narrative In his tweet, Ardoino claimed that centralized big-tech AI firms are beginning an undeclared war against open-source AI models. According to him, the stated focus on safety is just a mask in an effort to preserve proprietary AI businesses that have required enormous capital investments.
These remarks by Paolo Ardoino come at a time when debate over open-source and closed AI development is intensifying. On one side, several leading AI companies have called for tighter oversight of advanced AI systems, On the other side, advocates of open-source models defend that publicly available AI technology promotes innovation and transparency.
Tether Reaffirms Commitment to Open-Source AI Shortly after Ardoino’s tweet, Tether also made an official tweet regarding this matter and retweeted the CEO’s tweet. Tether retweeted to reinforce the CEO’s stance by claiming that Tether AI is 100% open-source. With this, Tether was referring to its QVAC initiative. QVAC is Tether’s dedicated AI platform and software development kit (SDK). It is designed to let developers build AI applications that run locally on users’ devices instead of relying on centralized cloud servers.
The announcement highlights Tether’s growing focus on AI infrastructure beyond its stablecoin business which already ranked on top in terms of market capitalization. By emphasizing an open-source approach, Tether is promoting its AI efforts around transparency and community-driven development.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Ukraine has placed more than $8.3 million in seized crypto under state management, the first time the country has moved confiscated digital assets into a government-controlled wallet.
The National Agency for Finding, Tracing, and Management of Assets, known as ARMA, received the funds from wallets tied to an alleged member of an international hacking group.
Seized Crypto from an International Hacking CaseThe holding is Tether (USDT), the largest stablecoin, valued at over 372 million Ukrainian hryvnias at the time of the transfer, according to prosecutors.
Investigators say the group attacked people and companies across Europe and the United States. The case reflects a rise in stablecoin-driven crypto crime.
The attackers stole confidential data, demanded ransom payments, and laundered the money in Ukraine through real estate and cars.
Authorities estimate the network caused more than $100 million in damage. The pattern mirrors other crypto laundering networks that ended in multiple arrests.
Four suspects, including the alleged organizer, remain in custody. Total seizures in the case topped $11.1 million, covering homes, apartments, vehicles, and cash.
What State Custody Means for the FundsUntil now, crypto seized in Ukrainian cases sat frozen, with no agency actively holding or moving it. The transfer gives ARMA direct control of the wallet.
A 2025 reform law overhauled how ARMA manages seized property, adding independent audits and tighter oversight. The change was a condition of hundreds of millions of euros in European Union support.
The step stops short of confiscation, which requires a court conviction. For now, the agency holds the assets rather than owning them.
USDT sits near its dollar peg, trading close to $1. That gives ARMA a relatively stable asset to manage, hold, or eventually sell.
USDT Near Its Dollar Peg. Source: BeInCryptoA stablecoin avoids the price swings tied to bitcoin, making the holding easier to value. But USDT is centrally controlled, and Tether can freeze tokens at law enforcement requests.
Under Economic Fury, @USTreasury will continue to systematically degrade Tehran’s ability to generate, move, and repatriate funds.
Treasury’s Office of Foreign Assets Control is sanctioning multiple wallets tied to Iran — resulting in the freeze of $344 million in…
— Treasury Secretary Scott Bessent (@SecScottBessent) April 24, 2026 Follow us on X to get the latest news as it happens
What to do with seized crypto has split governments. The United States ordered forfeited Bitcoin into a strategic reserve it pledged not to sell. It treats confiscated coins as a long-term asset.
Germany took the opposite path, and critics still debate its seizure of Bitcoin sales after prices later climbed.
Ukraine has not said whether it will sell the USDT or hold it. That choice may shape how it treats future seizures, and whether seized tokens become state revenue.
Pilgrim's Pride (PPC - Free Report) ended the recent trading session at $28.95, demonstrating a +1.19% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Shares of the poultry producer have appreciated by 1.06% over the course of the past month, underperforming the Consumer Staples sector's gain of 2.27%, and outperforming the S&P 500's loss of 2.9%.
Investors will be eagerly watching for the performance of Pilgrim's Pride in its upcoming earnings disclosure. In that report, analysts expect Pilgrim's Pride to post earnings of $0.97 per share. This would mark a year-over-year decline of 42.94%. Meanwhile, our latest consensus estimate is calling for revenue of $4.9 billion, up 3% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $3.52 per share and a revenue of $18.7 billion, demonstrating changes of -31.91% and +1.09%, respectively, from the preceding year.
Any recent changes to analyst estimates for Pilgrim's Pride should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Pilgrim's Pride presently features a Zacks Rank of #5 (Strong Sell).
Looking at its valuation, Pilgrim's Pride is holding a Forward P/E ratio of 8.14. For comparison, its industry has an average Forward P/E of 11.62, which means Pilgrim's Pride is trading at a discount to the group.
The Food - Meat Products industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Symbotic Inc. (SYM - Free Report) ended the recent trading session at $42.14, demonstrating a +2.18% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 1.18% for the day. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq added 2.07%.
The stock of company has fallen by 11.17% in the past month, lagging the Business Services sector's loss of 0.5% and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of Symbotic Inc. in its forthcoming earnings report. The company is predicted to post an EPS of $0.12, indicating a 340% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $714.76 million, indicating a 20.71% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.5 per share and a revenue of $2.79 billion, representing changes of -72.53% and +24.13%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Symbotic Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Symbotic Inc. currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Symbotic Inc. is currently being traded at a Forward P/E ratio of 82.89. This denotes a premium relative to the industry average Forward P/E of 16.86.
Investors should also note that SYM has a PEG ratio of 2.76 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. SYM's industry had an average PEG ratio of 1.45 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 163, positioning it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
SoFi Technologies earns a "Strong Buy" rating, driven by rapid user growth, an expanding product suite, and a disruptive digital banking model. SOFI's end-to-end digital platform, zero-branch structure, and aggressive cross-selling have fueled 35% YoY member growth and robust customer stickiness. Financial Services and Lending segments both posted record results in Q1 2026, with net revenue up 41% to $1.1 billion and net margin at 15%.
In the latest trading session, SoFi Technologies, Inc. (SOFI - Free Report) closed at $18.19, marking a +1.73% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
Prior to today's trading, shares of the company had lost 1.87% lagged the Finance sector's gain of 1.96% and was narrower than the S&P 500's loss of 2.9%.
Investors will be eagerly watching for the performance of SoFi Technologies, Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.12, indicating a 50% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.11 billion, reflecting a 29.67% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.59 per share and a revenue of $4.66 billion, representing changes of +51.28% and +29.79%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for SoFi Technologies, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.14% upward. At present, SoFi Technologies, Inc. boasts a Zacks Rank of #3 (Hold).
Looking at its valuation, SoFi Technologies, Inc. is holding a Forward P/E ratio of 30.08. For comparison, its industry has an average Forward P/E of 10.85, which means SoFi Technologies, Inc. is trading at a premium to the group.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 92, finds itself in the top 38% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SOFI in the coming trading sessions, be sure to utilize Zacks.com.
BNB came under renewed pressure on June 29 after slipping below a critical long-term support level. At the time of writing, the asset is trading at $549.05, reflecting a 0.95% decline over the past 24 hours. BNB’s daily trading volume stands at $1.02 billion with a market capitalization of $73.73 billion.
Long-term support breaks downMuted activity across the broader cryptocurrency market has continued to weigh on BNB’s performance. In the aftermath of the latest selloff, major digital assets have seen only limited recoveries, while BNB’s slide has triggered a notable technical breakdown.
Crypto analyst Token Talk observed that on June 29, 2026, BNB’s price broke below its multi-year ascending trendline. According to Token Talk, this trendline had long represented a zone of strong buying interest for the asset. When such levels are breached, it often signals a broader change in market structure, as former support areas can turn into resistance.
Token Talk noted that if buyers are unable to reclaim the broken trendline in the near term, BNB could face a deeper decline.
What do technical indicators say?As of now, BNB is trading close to the lower Bollinger band at $541.57. The middle band stands at $584.21, while the upper band is at $626.86. Since its peak in June, BNB has remained near the lower range of these bands, underscoring persistent selling pressure.
Bollinger Bands are a technical tool used to measure price volatility. Price action near the lower band indicates weakness, while a move above the middle band would signal a potential attempt to regain balance in the near term.
Additional weakness is evident in MACD readings. The MACD line is currently at negative 18.86, with the signal line at negative 16.26. The histogram registers at negative 2.60. Despite the histogram’s limited depth, remaining in negative territory suggests ongoing downward momentum.
Key levels and potential scenariosMarket attention is now focused on two critical levels in the short term. Should buyers regain control and push the price above the $584 middle Bollinger band, optimism could return. In this scenario, the recently broken trendline would be watched for a potential flip back into support.
Conversely, if selling pressure increases and the price falls below the $541 lower band, the decline is likely to accelerate. As a result, upcoming trading sessions are seen as decisive for BNB’s direction.
Given the current setup, technical indicators appear to favor sellers over buyers. Until buying interest strengthens, BNB is expected to remain in a cautious, defensive posture.
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.
Editor's note: Stellar's Developer Previews put new developer tooling and protocol capabilities in developers' hands before they're production-ready. While they're not yet approved for mainnet, the Confidential Token contract is live on testnet. Preview and test them now while the contract and verifier audits are underway.
Today we're introducing our latest privacy feature: Confidential Tokens, a contract suite from OpenZeppelin, wired to an UltraHonk verifier implemented by Nethermind, that adds private balances and private transfer amounts to any SEP-41 token.
Confidential, not anonymousPrivacy on a public blockchain isn't one thing. Different use cases need different properties, and the architecture you choose at the start decides what you can do later.
Confidential Tokens are deliberately scoped: they hide balances and transfer amounts while keeping sender and recipient addresses visible. For developers already transacting onchain, where amounts and balances are public by default, that's a meaningful step forward. Suitable use cases include treasury management, payroll, and institutional settlement, among others.
By comparison, the other option in Stellar's privacy stack—privacy pool implementations like Stellar Private Payments (SPP)—shields both the parties and the amounts. This post focuses on the Confidential Token use case: known counterparties, hidden amounts.
How it works: a wrapper over existing tokensArchitecturally, a Confidential Token is a wrapper contract. A user takes any existing SEP-41 token—USDC issued via the Stellar Asset Contract, a contract-native token, anything that implements the standard—and deposits it into a confidential token contract.
Inside the wrapper, the balance is encoded as a Pedersen commitment—hidden from public view, but fully verifiable by the network. Transfers between accounts inside the wrapper move funds without revealing values. To exit, a user withdraws back to the underlying SEP-41 token.
The base ledger stays open and auditable. Privacy lives entirely at the application layer, in the wrapper contract. This isolation is by design: if a bug were ever found in a confidential token circuit, it could only affect the tokens inside that wrapper. By design, any vulnerability is contained to the token(s) inside that wrapper, without affecting the underlying asset or wider network.
Proofs are written in Noir and verified onchain via Nethermind's UltraHonk verifier, using the cryptographic host functions introduced in Protocol 25 (X-Ray). This is a working testnet implementation you can build against today.
What's in this versionThis preview includes primitives designed to support compliance-oriented workflows:
Auditor view key. A designated auditor role can view transaction amounts and account balances for assets in the wrapper.Selective disclosure. Account holders can prove a specific transaction occurred to a specific party without exposing the rest of their activity.Account-level freezing. Cascades from the existing Stellar Asset Contract (SAC) controls.Configurable compliance policy engine. Lets you plug in policy contracts that act as allow-list or block-list identity registries.The full compliance extensions doc walks through the freeze, SAC passthrough, and policy hook design in detail. These compliance extensions are open source and actively being iterated on.
Try it yourselfThe quickest way to get a feel for Confidential Tokens is to run the demo by OpenZeppelin locally and make a confidential transfer on testnet.
The demo on Stellar Testnet walks through three roles: account holder, disclosure receiver, and auditor. To try it in the browser, connect your wallet—we recommend Freighter on Stellar Testnet. Go to Stellar Lab and select "Fund account" to get test XLM.
To run locally:
Clone stellar-confidential-token-demoReview README for basic and more advanced usagePick the relevant modules from the libSubmit issues during the testnet window.We welcome design partners and community contributions—If you're building compliance-focused privacy solutions on Stellar, an SCF cohort member or joined our recent Stellar Hacks: Real-World ZK hackathon—share what you're working on in our Developer Discord.
Appendix: Privacy on Stellar (a working taxonomy)An easy way to understand privacy solutions onchain is to ask:
What does the network see, and what stays hidden?
Solution
Public
Private
Confidential Token
Sender and recipient addresses; deposit and withdrawal amounts
Balances; transfer amounts
Privacy pool implementations (e.g. SPP)
Deposit and withdrawal addresses are public
Sender and recipient addresses, balances, and transfer amounts inside the pool
Standard SEP-41 tokens
Everything (addresses, amounts, balances)
Nothing
Why both lanes exist. Confidential Tokens are designed for known-counterparty flows where amounts shouldn't be public (e.g. payroll, treasury management, B2B settlement). You could have two banks settling in USDC with each other, where each side already knows who they're transacting with, but the settlement amounts (and the resulting balances inside the wrapper) stays reasonably hidden from the wider network.
Stellar's privacy layering hierarchyApplication layer: Stellar smart contracts that implement specific privacy behavior. These include Confidential Tokens and privacy pool implementations like Stellar Private Payments (SPP).
Verifier layer: An onchain verifier is a smart contract that accepts a compact ZK proof and confirms its validity without re-running the original computation. Examples include Nethermind's UltraHonk Verifier (used by the Confidential Token contract) and the RISC Zero (Groth16) Verifier. The original verifier was built by a community member, @yugocabrio. Nethermind took ownership and updated it to use the Stellar Protocol 25/26 host functions, making it more efficient and practical for testnet evaluation.
Cryptographic host functions: Built into the Stellar protocol at the base layer: elliptic curve operations on the BN254 and BLS12-381 curves, and the Poseidon/Poseidon2 hash function. Introduced in the X-Ray (Protocol 25) and Yardstick (Protocol 26) upgrades.
Base (public) ledger: Privacy lives in the layers above it, never in the base.
After months of correction, Stellar network’s native asset XLM is showing signs of stabilization. While the price remains well below previous peaks, technical indicators suggest that selling pressure has eased and buyers are actively defending key support zones.
Uptrend depends on higher lowsMarket analyst Javon Marks emphasizes that maintaining a pattern of higher lows is crucial for XLM’s bullish outlook. He notes that as long as this trend continues, there is potential for a strong breakout, with the price possibly reaching $0.681. This would represent an increase of more than 294% from current levels.
Javon Marks assesses that if XLM continues to establish higher lows, this technical structure could bring the $0.681 level into focus as a key target.
The monthly XLM/USDT chart reveals a wave-like pattern seen in previous cycles. Historically, long periods of decline have been followed by accumulation phases and sharp rallies. Currently, the rounded bottom formation since the 2025 highs signals a weakening in selling pressure as buyers gradually return to the market.
Although the price is still trading below its descending trendline, breaking above this line could pave the way for a move towards the $0.68 to $0.70 range. In a broader bullish scenario, the $1.20 to $1.25 band is also being monitored as a future target zone.
Support levels and wave analysisTrend Serra Capital presents a similar technical perspective, suggesting through Elliott Wave Analysis that XLM may have reached the final stage of Sub-Wave 2. Should support hold, they believe Wave 3 could commence, potentially signaling the start of a new upward move.
Glossary: Elliott Wave Analysis is a technical approach that argues price movements unfold in repeating waves, shaped by investor psychology. Fibonacci levels are ratios used to identify probable support and resistance zones.
The analysis highlights $0.139 as the main support for XLM. Maintaining a price above this level is seen as critical to preserving the bullish structure. Conversely, reclaiming the $0.30 level would provide stronger confirmation of a trend reversal.
Intermediate support levels are noted at $0.204, $0.186, and $0.164. While these zones could attract new buyers, a dip below $0.139 would undermine the upward outlook.
On-chain activity and ecosystem growthTechnical indicators are further reinforced by on-chain data. The network averages around 51,500 daily active addresses, demonstrating continued engagement even during periods of weak market performance.
Observer Vijay highlights notable growth in Stellar’s real-world asset segment. Over the last five quarters, the total value of assets on the network has jumped from $760 million to $3.35 billion, driven by tokenized treasury products, credit instruments, gold, and stablecoins. Stellar is recognized as a blockchain focused on cross-border payments and asset tokenization.
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.
Stellar trades near $0.18, but a May 2026 plan for the DTCC to connect its tokenization service to Stellar, with XLM named as the settlement token, could route trillions in traditional securities onto the network. What would that actually mean for the price? Here is the realistic read, separating the landmark from the hype.
Summary
Stellar trades near $0.18 as of late June 2026, down from a July 2025 high near $0.52, with the Fear and Greed reading in extreme fear despite strong network fundamentals. In May 2026, the DTCC, the backbone of United States securities settlement, announced it would connect its tokenization service to Stellar, with XLM designated as the settlement token and live assets targeted for the first half of 2027. The deal is a genuine long-term, high-conviction catalyst because it links potential institutional securities volume directly to the network, but the 2027 timeline means price until then is driven by speculation and sentiment. The central question for the price is value accrual: whether routing securities settlement through Stellar translates into sustained demand for the XLM token, a question complicated by XLM’s fixed supply with no burn mechanism. Year-end 2026 forecasts span roughly $0.18 at the bearish end to $1.20 to $2.50 in bullish models, a gap that turns on whether the DTCC and other catalysts begin converting fundamentals into token demand. Stellar (XLM) is trading near $0.18 as of late June 2026, and it presents one of the sharpest disconnects in crypto: a network with strong and growing fundamentals attached to a token sitting near multi-year lows.
XLM is down from a July 2025 high near $0.52, the Fear and Greed reading is mired in extreme fear, and yet the underlying network is arguably healthier than ever, with tokenized real-world assets on Stellar having climbed past $2.83 billion, stablecoin payment volume around $5.5 billion, developer engagement at record highs, and consensus achieved in under six seconds through its Federated Byzantine Agreement design.
Stellar price chart | Source: crypto.news Into that gap between fundamentals and price landed the most consequential development in Stellar’s recent history: in May 2026, the Depository Trust and Clearing Corporation, the institution that sits at the center of United States securities settlement, announced it would connect its tokenization service to Stellar, with XLM named as the settlement token and live assets targeted for the first half of 2027.
The announcement raised an obvious and high-stakes question for anyone watching XLM: if the backbone of traditional securities settlement is routing tokenized assets through Stellar, what does that mean for the price of the token?
This article answers that question as realistically as possible, separating the genuine significance of the deal from the hype that inevitably surrounds it. It works through where Stellar stands now and why the fundamentals-price gap exists, what the DTCC deal actually is, why it could be a landmark, the all-important value-accrual question of whether network volume translates into token demand, the problem of the 2027 timeline, the other catalysts stacking up around XLM, the supply dynamics that complicate the bull case, what the analysts forecast, and three scenarios for the price.
The aim is to give XLM holders and observers a clear-eyed read rather than either dismissive skepticism or breathless promotion, because the DTCC deal is simultaneously a real, high-conviction catalyst and a development whose price impact is years away and structurally uncertain. The forecasts here are information, not advice. And the thread running through the whole analysis is the same question that haunts every payments-token valuation: does the network’s success actually accrue to the token, or can the volume flow through while the token is bypassed? For Stellar, the DTCC deal makes that question concrete and urgent.
Where Stellar stands and the fundamentals gap Begin with the disconnect that defines XLM right now, because it is the context for everything the DTCC deal might change. Stellar near $0.18 is down significantly from its July 2025 high near $0.52, and the Fear and Greed reading sits in extreme fear, the same deeply pessimistic sentiment weighing on the broader crypto market.
On the charts, XLM has spent 2026 oscillating, with periods of consolidation around the high teens to low twenties in cents and sharp volatility, including swings of substantial magnitude within single months, but the broad trend has left the token near the lower end of its range and below where it traded a year ago. By the standard technical and sentiment measures, XLM looks like what it is: a beaten-down mid-cap altcoin in a fearful market.
What makes Stellar unusual is that its fundamentals tell a very different story from its price. The value of tokenized real-world assets issued on Stellar has surged past $2.83 billion, growing at a rapid clip, and stablecoin payment volume on the network has reached roughly $5.5 billion, both signs of genuine, growing utility rather than mere speculation. The network supports a large base of accounts and a wide array of fiat and crypto on-ramps, achieves fast and cheap settlement through its consensus design, and has added the Soroban smart-contract platform to enable tokenization and decentralized finance.
Developer engagement is at record levels. This is the crux of the Stellar investment debate: a network whose real-world usage and institutional positioning are strengthening, attached to a token whose price has fallen to multi-year lows. Bulls read the gap as a buying opportunity and evidence of accumulation, on the logic that price will eventually catch up to fundamentals. Skeptics read it as evidence that network usage does not reliably accrue value to the XLM token, which is precisely the question the DTCC deal forces to the center. The fundamentals-price gap is the setup; the DTCC deal is the potential catalyst that either closes it or exposes it as permanent.
What the DTCC deal actually is To assess its impact, you have to understand precisely what was announced, because the details determine the significance. In May 2026, the Depository Trust and Clearing Corporation revealed plans to connect its tokenization service to the Stellar network. The DTCC is not a peripheral player; it is the central infrastructure of United States securities settlement, the institution through which an enormous share of the country’s stock and bond transactions are cleared and settled, handling quadrillions of dollars in securities annually across the traditional financial system. Its decision to build tokenization capability on a public blockchain at all is significant, and its selection of Stellar specifically, with XLM named as the settlement token for the infrastructure, is what makes the announcement material for the token. The plan targets live assets in the first half of 2027, meaning the connection is a forward-looking build rather than something already moving volume today.
The stated logic is that tokenization, representing traditional securities as digital tokens on a blockchain, can make settlement faster, cheaper, and programmable, and that Stellar’s compliance-focused, settlement-oriented architecture is suited to regulated finance. The phrase that captured attention is that the arrangement brings the potential for trillions in traditional securities onto the network over time, with XLM as the settlement token directly linking that future institutional volume to token demand. That is the bullish framing, and it is grounded in real fact: the DTCC genuinely chose Stellar, XLM is genuinely named as the settlement token, and the addressable volume is truly enormous. But three qualifications matter from the outset and shape the rest of this analysis.
First, the assets go live in 2027, not now. Second, the scale of what actually migrates onto Stellar, as opposed to the theoretical addressable market, is unknown. And third, and most important for the price, the mechanism by which settlement volume translates into sustained XLM demand is the contested value-accrual question instead of an automatic pass-through. The deal is real and large in potential; what it means for the token depends on details that are not yet settled.
Why it could be a landmark Taken at its strongest, the DTCC deal is a genuine landmark, and the bull case for its significance deserves a full and fair statement. The first reason is validation. When the institution at the heart of United States securities settlement chooses to build tokenization infrastructure on Stellar, it is an endorsement of Stellar’s architecture for regulated, institutional finance that no marketing campaign could buy. It signals that Stellar’s long-standing bet on compliance and settlement, often overlooked during the speculative manias that drove other chains, is being recognized by exactly the kind of counterparty it was designed to serve. For a network whose pitch has always been institutional and payments-focused instead of retail-speculative, having the DTCC select it is the strongest possible third-party confirmation of the thesis.
The second reason is the direct linkage to token demand, at least in principle. Because XLM is named as the settlement token for the DTCC tokenization infrastructure, future institutional volume flowing through that infrastructure has a potential channel to XLM demand, unlike vaguer partnership announcements that leave the token’s role ambiguous. The third reason is scale and trajectory. The addressable market for tokenized securities is measured in the trillions, and even capturing a modest fraction would represent settlement volume far beyond anything Stellar handles today, which is why the deal is framed as a long-term, high-conviction bullish driver instead of a short-term price catalyst. It fits a broader pattern in which Stellar has positioned itself as compliance-ready infrastructure for tokenization, evidenced by its alignment with regulatory frameworks and its role hosting regulated stablecoins.
NEW: MoneyGram introduces MGUSD native USD stablecoin on Stellar. Built with Stablecoin, M0 and Fireblocks. Now live in the U.S pic.twitter.com/N4CeRg5sHz
— crypto.news (@cryptodotnews) June 3, 2026 The strongest version of the bull case, then, is that the DTCC deal is the moment Stellar’s institutional thesis begins to be validated by the most credible possible counterparty, with a direct potential link to token demand and an addressable market large enough to transform the network’s economics. Whether that potential converts into token price is the next, harder question.
The value-accrual question Here is where realism has to enter, because the gap between a network landmark and a token price runs straight through the value-accrual question, and Stellar’s situation has a cautionary parallel close at hand. The question is whether routing securities settlement through Stellar actually creates sustained demand for the XLM token, or whether the volume can flow through the network while the token captures little of the value. This is not a hypothetical concern invented for skepticism; it is the same question that has dogged XRP, where Ripple’s commercial success in cross-border payments has not reliably translated into XRP token appreciation, because much settlement activity can occur without participants holding the token for any meaningful duration. Stellar faces a structurally similar issue: a settlement token may be used transiently to bridge value during a transaction without anyone needing to hold XLM as a durable asset, in which case enormous settlement volume could produce only modest, fleeting token demand.
The specifics of how XLM is used in the DTCC infrastructure will determine which way this resolves, and those specifics are not yet fully clear. If XLM is required as a persistent bridge or reserve asset that institutions must hold to access the settlement rails, and if the volume is large, the demand could be substantial and sustained. If, instead, XLM functions as a momentary settlement medium that is acquired and released within transactions, or if stablecoins denominated in dollars do most of the actual value transfer while XLM plays a minimal technical role, then the token demand could be far smaller than the headline volume suggests.
The honest assessment is that the DTCC deal creates a potential channel for value to accrue to XLM, but it does not guarantee that it will, and the magnitude depends on technical and economic details that remain to be seen. This is the single most important caveat for anyone pricing XLM off the DTCC news. The deal could be a genuine landmark for the network and still deliver a muted token-price impact if the value-accrual mechanism is weak, exactly as has happened with XRP. The network’s success and the token’s success are related but not identical, and conflating them is the most common error in valuing payments tokens.
The 2027 timeline problem Even setting aside the value-accrual question, the DTCC deal carries a timing problem that directly affects how it should be priced today. The plan targets live assets in the first half of 2027, which means that for the entire rest of 2026 and into early 2027, there is no actual DTCC settlement volume flowing through Stellar, only the anticipation of it. This matters because, until the infrastructure goes live and shows real volume, XLM’s price will be driven by speculation and sentiment about the future instead of by current flows, which makes it vulnerable to the same volatility that afflicts any narrative-driven asset. The market has already shown this dynamic, with XLM experiencing sharp moves and pullbacks, including a notable drop after a rally, as enthusiasm about the deal collided with the reality that nothing changes operationally for many months.
The timing problem cuts in two directions, and a fair analysis acknowledges both. On one hand, it tempers the near-term bull case: those expecting the DTCC deal to lift XLM’s price in 2026 are betting on sentiment and positioning instead of on actual usage, and sentiment can fade, reverse, or be overwhelmed by broader market conditions long before 2027 arrives. A deal that goes live in 18 months provides little support for a token if the broad crypto market stays fearful in the meantime.
On the other hand, the long runway means the catalyst is not yet spent: if and when the infrastructure goes live in 2027 and begins showing real volume, that could be a fresh, concrete catalyst at a point when much of the speculative anticipation may have faded, potentially providing an upside surprise to a token that the market had given up on.
For pricing XLM through the rest of 2026 specifically, the timeline problem means the DTCC deal is best understood as a long-term thesis underpinning the token instead of a near-term price driver, and that anyone buying XLM on the DTCC news in 2026 is making a multi-year bet whose payoff, if it comes, is concentrated in 2027 and beyond, contingent on the value-accrual question resolving favorably.
The other catalysts stacking up The DTCC deal does not stand alone; it sits atop a cluster of other developments that collectively strengthen Stellar’s institutional thesis, and a complete picture has to account for them. The most important is the regulatory designation.
On March 17, 2026, United States regulators designated Stellar as a digital commodity, the same classification extended to a short list of major tokens, which removed a significant barrier by clarifying XLM’s legal status and making it eligible for custodial services from institutions that safeguard assets. That designation is foundational because it is what allows firms to build regulated products on Stellar and to hold XLM with legal confidence, and it underpins the DTCC deal and the others.
Building on it, CME Group XLM futures are expected during 2026, which would provide regulated derivatives infrastructure and a potential structural source of institutional demand and price discovery, and an Amundi fund and other institutional vehicles point to growing traditional-finance engagement with the token.
Several more developments round out the picture. Stellar is widely seen as a beneficiary of the CLARITY Act, the legislation that aims to codify digital-asset rules and that could advance in 2026, in the same way XRP is, since both are payment-focused tokens whose institutional adoption hinges on regulatory certainty. Stellar’s design aligns with European regulatory frameworks, evidenced by regulated stablecoins launching on the network, giving it a compliance posture suited to multiple jurisdictions. And the Soroban smart-contract platform expands what the network can host, broadening its addressable market into tokenization and decentralized finance.
The significance of this cluster is that the DTCC deal is not an isolated bet but part of a coherent institutional thesis: regulatory clarity through the digital-commodity designation and potential CLARITY Act passage, derivatives infrastructure through CME futures, traditional-finance vehicles through funds like Amundi’s, and the flagship tokenization linkage through the DTCC.
If the thesis works, these catalysts reinforce one another, with regulatory clarity enabling the institutional products that enable the volume that could drive token demand. The caveat from the value-accrual discussion still applies to all of them, but the breadth of the catalyst stack is itself a meaningful part of the bull case for XLM.
The supply picture that complicates the bull case A factor specific to XLM that any honest price analysis must weigh is its supply structure, which cuts against the simplest bullish narratives in an important way.
Following a 2019 community vote, Stellar ended its annual token issuance, fixing the total supply near 50 billion XLM and removing the inflationary dilution that suppresses price appreciation on many rival networks. That fixed supply is truly favorable: it means new issuance does not constantly dilute holders, and if demand rises against a fixed supply, the price pressure is upward. To that extent, the supply structure supports the bull case, and it is a point bulls rightly emphasize.
But there is a crucial qualification that complicates the value-accrual story. Stellar has no token-burn mechanism that meaningfully reduces circulating supply as the network is used. On some networks, transaction activity burns tokens, so that rising usage automatically tightens supply and creates upward price pressure independent of speculative demand, a direct link between network use and token scarcity. Stellar lacks this channel at scale, which means that fee-driven demand from network activity does not automatically remove XLM from circulation.
The implication for the DTCC deal is significant: even if substantial securities settlement volume flows through Stellar, that activity will not, by itself, shrink the XLM supply the way a burn mechanism would, so 1 of the clearest channels through which network usage could force token-price appreciation is absent.
The price would have to rise through genuine, sustained holding demand for XLM as an asset, not merely through transactional throughput, which loops back to the value-accrual question. The fixed supply is a modest positive; the absence of a burn mechanism is a real limitation on how mechanically network success can translate into token-price gains. Together they mean XLM’s bull case depends more heavily on durable demand for the token itself than on raw volume, which raises the bar for the DTCC deal to move the price.
What the analysts forecast The analyst forecasts for XLM in 2026 span an extraordinarily wide range, even by the standards of the other majors, and the spread maps directly onto the questions this article has raised. At the bearish end, the algorithmic forecaster CoinCodex reads Stellar as bearish on technical indicators and, strikingly, its model does not project XLM reaching $1 until 2047, treating the token as a slow-compounding asset that the current setup does not favor.
Other cautious forecasters cluster low: Traders Union’s model points to roughly $0.40 to $0.48 for year-end, and DigitalCoinPrice sees around $0.32, both well above current levels but far below the bullish targets and treating Stellar as an infrastructure asset that appreciates slowly instead of a narrative rocket. Base-case forecasts that assume regulatory clarity holds and tokenization grows at a moderate pace tend to land in a $0.25 to $0.50 band, a meaningful recovery from current levels without a breakout.
At the bullish end sit forecasters who weigh the institutional catalysts heavily. Coinpedia’s hybrid model is the most bullish of the major platforms for 2026, placing XLM in a moderate range of $1.20 to $1.80 and a stronger scenario toward $2.50 if it reclaims key resistance, explicitly anchoring the thesis in institutional adoption velocity, rising stablecoin and tokenized-asset volume, and the catalysts described above, with a longer-term 2030 target as high as $6.19 under favorable conditions.
CoinLore and others produce aggressive cycle targets in the range of roughly $0.50 to $1.69 for the year. The gap, from a model that does not see $1 until 2047 to 1 targeting $2.50 this year, is enormous, and it reflects exactly the unresolved questions: whether the DTCC deal and the other catalysts convert into token demand, whether the value-accrual mechanism is strong or weak, and whether the 2027 timeline leaves 2026 to sentiment.
The bullish forecasts assume the institutional thesis begins paying off in token demand; the bearish ones assume the fundamentals-price gap persists because usage does not accrue to the token. The forecasts cannot settle which is right; they can only show how much rides on the DTCC deal and its peers actually closing that gap.
Three scenarios for Stellar around the DTCC catalyst Pulling the analysis into scenarios clarifies the range without pretending to certainty. In the bull scenario, the market begins to price the institutional thesis ahead of the 2027 go-live. Confidence grows that the DTCC deal, the digital-commodity designation, CME futures, and the broader catalyst stack will convert into real XLM demand, an altcoin-favorable phase arrives, and XLM recovers toward the $1.20 to $2.50 range that the most bullish credible models describe, with the fundamentals-price gap finally closing as anticipation of trillions in tokenized volume lifts the token. This path requires the market to look through the 2027 timeline and to bet that the value-accrual question resolves in XLM’s favor, and it leans on the breadth of the catalyst stack as the engine. It is achievable but conditional on a favorable read of exactly the questions that remain open.
In the base scenario, the most defensible central case, XLM recovers modestly to a $0.25 to $0.50 band. Regulatory clarity holds, the catalysts develop roughly on schedule, and the token grinds back up from its lows as the institutional thesis slowly gains credibility, but without a breakout, because the DTCC volume is not live until 2027 and the value-accrual mechanism remains unproven through 2026.
This recovery-without-breakout outcome fits the weight of base-case forecasting and reflects the reality that the biggest catalyst is years from delivering actual volume. In the bear scenario, the fundamentals-price gap persists or widens. The broad market stays fearful, the DTCC anticipation fades as 2027 stays distant, doubts deepen about whether settlement volume will ever accrue to the token given the no-burn supply structure, and XLM stalls in the $0.10 to $0.20 range or drifts lower, validating the bearish models that treat it as a slow-compounding asset. Which scenario unfolds depends on the broad market, the pace of the catalysts, and above all whether the market comes to believe that routing securities through Stellar will create durable demand for XLM. All 3 are live, and the DTCC deal is the pivot around which they turn, a genuine landmark for the network whose translation into token price remains the open question.
Frequently Asked Questions What is the DTCC tokenization deal with Stellar? In May 2026, the Depository Trust and Clearing Corporation, the central infrastructure of United States securities settlement, announced it would connect its tokenization service to the Stellar network, with XLM named as the settlement token and live assets targeted for the first half of 2027. The DTCC clears and settles an enormous share of United States securities transactions, so its decision to build tokenization capability on Stellar is a major institutional endorsement. The arrangement carries the potential to bring tokenized traditional securities onto the network over time, with XLM as the settlement token linking that future volume to potential token demand. It is a forward-looking build, not something moving volume today.
Will the DTCC deal make XLM’s price go up? It could, but it is not automatic, and the timing and mechanism matter. The deal is a genuine long-term, high-conviction catalyst because it links potential institutional securities volume to the network with XLM named as the settlement token. But assets do not go live until the first half of 2027, so through 2026 the price is driven by speculation instead of actual flows. More fundamentally, whether settlement volume translates into sustained XLM demand is the contested value-accrual question: a settlement token can be used transiently without anyone holding it durably, and Stellar lacks a burn mechanism that would tighten supply as usage grows. The deal could be a landmark for the network and still deliver a muted token-price impact if value accrual is weak.
Why is Stellar’s price so low if its fundamentals are strong? This is the central Stellar paradox. The network’s fundamentals are strong and growing, with tokenized real-world assets past $2.83 billion, stablecoin payment volume around $5.5 billion, record developer engagement, and fast, cheap settlement, yet XLM trades near $0.18, down from a 2025 high near $0.52, with sentiment in extreme fear. Bulls read the gap as a buying opportunity on the logic that price will catch up to fundamentals. Skeptics read it as evidence that network usage does not reliably accrue value to the XLM token, the same issue that has dogged XRP. The gap exists because network success and token-price appreciation are related but not identical, and the mechanism linking them for XLM is contested.
What is the value-accrual question for XLM? It is whether routing activity like securities settlement through Stellar actually creates sustained demand for the XLM token, or whether volume can flow through the network while the token captures little value. A settlement token may be used transiently to bridge value within a transaction without anyone needing to hold XLM as a durable asset, in which case large settlement volume could produce only modest, fleeting token demand. This is the same question that has limited XRP’s price despite Ripple’s commercial success. For the DTCC deal, the magnitude of token-price impact depends on whether XLM is required as a persistent bridge or reserve asset or functions only as a momentary settlement medium, details that are not yet fully clear.
Does Stellar’s fixed supply help the price? Partly, but with an important limitation. Following a 2019 community vote, Stellar ended annual issuance and fixed total supply near 50 billion XLM, removing the inflationary dilution that suppresses many rival tokens, which is favorable because rising demand against fixed supply creates upward price pressure. However, Stellar has no token-burn mechanism that meaningfully reduces circulating supply as the network is used. On some networks, transaction activity burns tokens so that rising usage automatically tightens supply; Stellar lacks this at scale, so fee-driven demand does not automatically remove XLM from circulation. The implication is that even large settlement volume will not shrink supply by itself, so the price must rise through durable holding demand instead of throughput, which raises the bar for catalysts like the DTCC deal
What are analysts forecasting for Stellar in 2026? The range is extraordinarily wide. At the bearish end, CoinCodex’s model is bearish and does not project XLM reaching $1 until 2047, while Traders Union sees roughly $0.40 to $0.48 and DigitalCoinPrice around $0.32 for year-end, treating XLM as a slow-compounding infrastructure asset. Base-case forecasts that assume moderate growth cluster in a $0.25 to $0.50 band. At the bullish end, Coinpedia models $1.20 to $1.80 and up to $2.50 if resistance is reclaimed, anchored in institutional adoption, with a 2030 target as high as $6.19. The gap, from no $1 until 2047 to $2.50 this year, reflects the unresolved questions of whether the DTCC deal and other catalysts convert into token demand and whether the fundamentals-price gap finally closes.
This article is information, not financial or investment advice. Stellar price levels, network metrics, the DTCC announcement details, and analyst forecasts reflect data available as of June 28, 2026, are point-in-time, and can change. Cryptocurrency is highly volatile, and you can lose money. Price predictions are inherently uncertain, and the scenarios described are not guarantees. Do your own research and consult a qualified financial professional before making any investment decision.
Ralph Lauren (RL - Free Report) closed the most recent trading day at $397.61, moving -3.3% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.18% for the day. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.
The upscale clothing company's shares have seen an increase of 12.99% over the last month, surpassing the Consumer Discretionary sector's loss of 1.1% and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Ralph Lauren in its upcoming release. The company is forecasted to report an EPS of $4.26, showcasing a 13% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.86 billion, indicating a 8.25% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $18.33 per share and a revenue of $8.66 billion, representing changes of +10.49% and +6.68%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Ralph Lauren. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.25% higher. Currently, Ralph Lauren is carrying a Zacks Rank of #2 (Buy).
In the context of valuation, Ralph Lauren is at present trading with a Forward P/E ratio of 22.43. This represents a premium compared to its industry average Forward P/E of 15.91.
Investors should also note that RL has a PEG ratio of 2.04 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. RL's industry had an average PEG ratio of 2.11 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 157, this industry ranks in the bottom 36% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
AST SpaceMobile (ASTS +21.47%), a space-based cellular broadband network for standard mobile phones, closed at $86.77, up 21.44%. The stock rose as the company confirmed its newest BlueBird satellites were alive and well in orbit, and investors are watching the August launch window and Q2 earnings timing.
The company’s trading volume reached 32.1M shares, which is about 44% above its three-month average of 22.4M shares.
How the markets moved todayThe S&P 500 (^GSPC +1.18%) closed at 7,440, up 1.18%, while the Nasdaq Composite (^IXIC +2.07%) finished at 25,820, up 2.07%. Among satellite telecommunications and non-terrestrial direct-to-device cellular connectivity peers, Iridium Communications (IRDM +24.98%) closed at $54.59, up 25.44%, and SATS (SATS +3.64%) closed at $103.92, up 3.64%.
What this means for investorsAST SpaceMobile shares rallied after the company confirmed that BlueBirds 8-10 are operating in orbit, providing investors with a cleaner execution milestone following the earlier BlueBird 7 setback. The update matters because AST’s stock is tied less to current revenue and more to whether the company can keep building its space-based cellular network on schedule.
The next test is the targeted first-half August launch of BlueBirds 11-13. AST’s Q1 results showed modest revenue but kept the company’s 2026 outlook intact, leaving investors focused on whether satellite deployment can move the company closer to service activation a larger revenue ramp. The next earnings update will give a clearer read on cash use, launch timing, and how quickly network progress is turning into commercial milestones.
Eric Trie has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AST SpaceMobile. The Motley Fool has a disclosure policy.
In the latest close session, Cleveland-Cliffs (CLF - Free Report) was down 5.73% at $9.38. The stock trailed the S&P 500, which registered a daily gain of 1.18%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.
Shares of the mining company witnessed a loss of 26.84% over the previous month, trailing the performance of the Basic Materials sector with its loss of 5.12%, and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of Cleveland-Cliffs in its upcoming earnings disclosure. The company is predicted to post an EPS of -$0.18, indicating a 64% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $5.17 billion, up 4.83% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.27 per share and a revenue of $20.59 billion, representing changes of +89.11% and +10.67%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Cleveland-Cliffs. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 47.83% higher within the past month. As of now, Cleveland-Cliffs holds a Zacks Rank of #3 (Hold).
The Steel - Producers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 27, which puts it in the top 12% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Hims & Hers Health, Inc. (HIMS - Free Report) closed at $33.39 in the latest trading session, marking a -1.62% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.18%. Meanwhile, the Dow experienced a rise of 0.59%, and the technology-dominated Nasdaq saw an increase of 2.07%.
The company's stock has climbed by 29.79% in the past month, exceeding the Medical sector's gain of 7.96% and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of Hims & Hers Health, Inc. in its upcoming earnings disclosure. The company is expected to report EPS of -$0.06, down 135.29% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $689.49 million, up 26.55% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.23 per share and a revenue of $2.9 billion, indicating changes of -143.4% and +23.72%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Hims & Hers Health, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Hims & Hers Health, Inc. is currently a Zacks Rank #5 (Strong Sell).
In terms of valuation, Hims & Hers Health, Inc. is presently being traded at a Forward P/E ratio of 646.48. This denotes a premium relative to the industry average Forward P/E of 27.78.
It's also important to note that HIMS currently trades at a PEG ratio of 48.52. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Medical Info Systems was holding an average PEG ratio of 2.09 at yesterday's closing price.
The Medical Info Systems industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 110, placing it within the top 46% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Chainlink holder count climbed to 892.8K Ethereum wallets after adding more than 8K holders in five days. Recent wallet growth accelerated sharply and pushed LINK closer to the 900K holder milestone. Santiment linked the increase to growing interest in tokenized assets and institutional blockchain projects. LINK holder growth continued even while the token traded near recent local price lows. Chainlink has surpassed another important adoption milestone amid the recent surge in wallet growth over the last few days. The network now has 892,800 non-empty Ethereum wallets, which have swelled by over 8,000 in the last five days, according to fresh on-chain data.
The boost is part of a growing spotlight on the crypto market on tokenized assets and institutional blockchain projects. Despite LINK trading near recent lows, the latest stats suggest more people are joining the network.
Chainlink Holder Count Rises as More Wallets Join the Network On-chain analytics platform Santiment reported that Chainlink’s holder count has entered a much steeper growth phase. The platform tracks non-empty Ethereum wallets holding LINK.
Its latest data shows the network added more than 8,000 holders over five days. That pushed the total number of wallets holding LINK to roughly 892,800.
The recent increase stands out from previous growth trends. According to Santiment, Chainlink could move beyond the 900,000-holder mark before the week ends if the current pace continues.
✍️ TL;DR: Chainlink’s holder count has gone parabolic
📊 Metrics used: Total Holders
🔗 Link to chart: https://t.co/dtIQSALghS
📈 Chainlink’s holder growth is suddenly accelerating in a big way. $LINK on Ethereum is now up to 892.8K non-empty wallets, adding more than 8K holders… pic.twitter.com/rr4POGHn9a
— Santiment Intelligence (@SantimentData) June 29, 2026
Holder growth remains one of the clearest ways to measure network adoption. A larger holder base often reflects increasing participation across an ecosystem, regardless of short-term market movements.
While price often attracts the headlines, wallet data can tell a different story. In Chainlink’s case, more users continue entering the network even as LINK remains close to recent local lows.
Institutional Blockchain Activity Keeps Chainlink in Focus Santiment linked the recent wallet expansion to several developments involving real-world assets and institutional finance.
These include Project Pangea, DTCC’s collateral initiatives, tokenized assets, and 24/5 equity data streams.
Chainlink has become part of a growing number of blockchain projects supporting tokenized financial infrastructure.
Its oracle network provides external data that decentralized applications and financial platforms rely on. The latest wallet figures arrived during a period when institutional blockchain projects continue expanding.
Real-world asset tokenization has also remained one of the industry’s most active development areas throughout the year.
Although LINK has yet to stage a major price recovery, wallet growth has continued moving higher.
Santiment noted that the increase in holders has taken place while the token trades near local lows, suggesting network participation continues to build despite subdued market conditions.
Chainlink’s expanding holder base adds another metric to watch as adoption develops across the ecosystem. The latest on-chain figures show users continue accumulating LINK while institutional blockchain and tokenized asset initiatives remain active across the broader crypto market.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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Key HighlightsUSDC Integration Launches on BNY’s Custody InfrastructureEnhanced Circle Collaboration Streamlines Institutional USDC OperationsFederal Stablecoin Framework Accelerates Institutional IntegrationGet 3 Free Stock Ebooks BNY shares climb following enhanced Circle collaboration for institutional USDC services.
Custody platform now supports USDC storage, creation and conversion functions.
Institutional investors gain integrated stablecoin access through BNY infrastructure.
USDC marks inaugural stablecoin offering on BNY’s digital custody system.
Collaboration advances traditional finance integration with blockchain payment rails.
Bank of New York Mellon (BNY) shares appreciated 1.41% to reach $145.58 following news of an enhanced collaboration with Circle focused on stablecoin infrastructure. The expansion integrates USDC capabilities into BNY’s Digital Asset Custody solution designed for institutional market participants. This development reinforces the bank’s growing footprint in blockchain-based financial services and digital currency custody operations.
Bank of New York Mellon Corp, BNY
USDC Integration Launches on BNY’s Custody Infrastructure BNY announced that USDC represents the inaugural stablecoin available through its Digital Asset Custody infrastructure. This platform enables corporate and institutional customers to securely store USDC within BNY-managed wallet systems. The integration establishes a streamlined pathway connecting traditional dollar holdings with blockchain-based digital assets.
Institutional participants can now direct Circle to generate USDC tokens from U.S. dollar deposits. Conversely, clients may convert USDC holdings back into fiat currency using identical institutional channels. Consequently, BNY creates operational continuity between stablecoin transactions and its established custody and treasury management functions.
This rollout extends BNY’s current position as the principal custodian holding USDC reserve assets. The service provides regulated entities with a compliant infrastructure for stablecoin safekeeping and blockchain transfers. Looking ahead, BNY intends to incorporate additional stablecoin providers and digital currency transaction capabilities.
Enhanced Circle Collaboration Streamlines Institutional USDC Operations Circle’s USDC token forms the foundation of BNY’s expanded digital asset offerings. USDC maintains its position as the second-largest dollar-pegged cryptocurrency measured by total value. Current market capitalization exceeds $73 billion according to data referenced in the partnership announcement.
The collaboration enables BNY customers to interact with USDC while remaining within the bank’s established operational ecosystem. This arrangement allows organizations to coordinate traditional currency and stablecoin holdings under a unified custody arrangement. Such integration may streamline entry points for companies exploring blockchain-powered payment and settlement infrastructure.
BNY and Circle maintain a longstanding relationship centered on USDC reserve management. The new custody capabilities represent a strategic evolution toward customer-facing product deployment. This initiative positions USDC within a prominent institutional custody environment operated by a major financial services provider.
Federal Stablecoin Framework Accelerates Institutional Integration This partnership expansion follows the 2025 enactment of the GENIUS Act within the United States regulatory landscape. This legislation established comprehensive federal guidelines governing dollar-backed stablecoins. The framework addresses reserve requirements, transparency standards and issuer supervision protocols.
Stablecoins maintain distinct characteristics from speculative cryptocurrency assets through value stabilization mechanisms. Dollar-denominated stablecoins typically maintain reserves comprising cash holdings and short-duration U.S. Treasury securities. Originally developed for cryptocurrency exchange activity, these instruments increasingly support cross-border payments, remittances and transaction settlement applications.
BNY manages approximately $59 trillion in custodial assets, maintaining its status as the globe’s largest custody banking institution. The firm’s stablecoin initiative demonstrates ongoing convergence between traditional financial infrastructure and blockchain-enabled market technologies. Industry counterparts including Standard Chartered and Citigroup have similarly forecasted substantial expansion within the stablecoin sector over coming years.
Oliver Dale
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Bitcoin infrastructure firm Breez has unveiled a major update to its developer toolkit, enabling users to send USDC and USDT stablecoins directly from their Bitcoin balances. The new feature supports over 30 blockchain networks, eliminating the previous need for users to hold stablecoins or convert Bitcoin in advance before making a payment.
Payments flow through the Lightning NetworkAccording to information shared by Breez, the system combines the Lightning Network with an automatic conversion mechanism. When a user initiates a payment, their Bitcoin is instantly converted into USDC or USDT and sent to the recipient’s chosen blockchain network.
Once the sender enters the recipient’s wallet address, the Breez SDK identifies the target network, calculates the optimal conversion route, and transparently displays the amount, network, and transaction fees before approval. The transaction is then processed by liquidity providers such as Flashnet and Boltz, who handle the conversion from Bitcoin to stablecoin and transfer the coins to the selected network.
Roy Sheinfeld clarified that there is no need to issue USDT or USDC directly on the Lightning Network. Thanks to interoperability, users can make payments from their Bitcoin balance, while recipients get stablecoins on any supported network.
Breez also emphasized that users continue to hold Bitcoin right up until the payment is executed. On the recipient side, there’s no need to manage a separate stablecoin balance—the funds are delivered in the chosen network seamlessly. The company stated that the new feature is non-custodial and, in the initial phase, only supports outgoing stablecoin payments. Incoming stablecoin transfers from outside blockchain networks are planned for a future update.
Mini glossary: The Lightning Network is a second-layer payment network operating on Bitcoin, designed for faster and lower-cost transactions. It routes transfers off-chain and later settles them on the main Bitcoin network.
Aims to reduce integration complexity for developersBreez developed this feature with a focus on developers, aiming to streamline stablecoin payment integration into applications without the hassle of connecting individually to each blockchain. This approach could allow users to manage both Bitcoin and stablecoin transactions from a single balance, minimizing complexity.
Renowned for its Bitcoin and Lightning-based payment infrastructure, Breez offers an SDK that lets developers embed Lightning functionalities directly into their products and services.
Lightning Network’s expanding use casesThe rollout comes at a time when startups are seeking broader financial and commercial applications for Bitcoin and the Lightning Network. In recent months, the network has been tested in scenarios well beyond small retail payments, demonstrating its scalability and utility.
In February, Secure Digital Markets, a provider of institutional trading and lending services, completed a $1 million Bitcoin payment to Kraken via the Lightning Network in under half a second—highlighting the protocol’s potential for large-scale corporate transfers.
That same month, Voltage introduced a revolving credit line integrated with Lightning payment flows, supporting settlement in US dollars. Meanwhile, event platform Satlantis launched a Bitcoin-focused ticketing system with built-in Lightning wallets. In March, Ark Labs, a Tether-backed Bitcoin infrastructure startup, secured $5.2 million in funding to develop technologies for stablecoin issuance, transfer, and settlement on the Bitcoin network.
Growth in Lightning Network adoption continues apace. As estimated by River in February, the network’s monthly transaction volume surpassed $1 billion by the end of 2025—a steep rise from approximately $12 million in 2021.
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.
BNY has expanded its Digital Asset Custody platform to let institutional clients store, transfer, mint and redeem Circle's USD Coin, making it the first stablecoin supported on the platform.
The new capabilities allow BNY clients to convert US dollars into USDC and redeem the stablecoin back into dollars directly through the bank while also storing and transferring USDC on its custody platform. BNY said it plans to expand the service to additional stablecoins and digital cash workflows over time.
The expansion builds on BNY's existing role as the primary custodian of the assets backing USDC, extending its relationship with Circle beyond safeguarding reserve assets to include client-facing stablecoin services.
According to BNY, the custodian bank oversees $59.3 trillion in assets under custody and administration and serves more than 90% of Fortune 100 companies. USDC is the world's second-largest stablecoin by market capitalization, with more than $73.8 billion in circulation, according to DefiLlama data.
In May, BNY partnered with Abu Dhabi-based Finstreet and the ADI Foundation to develop institutional custody services for Bitcoin (BTC) and Ether (ETH), with plans to later support stablecoins and tokenized real-world assets.
Source: DefiLlama
Traditional finance expands stablecoin infrastructureBNY's announcement is the latest in a series of stablecoin-focused products launched by major financial institutions in recent months, as traditional banks and asset managers expand services supporting reserve management, custody and blockchain-based payments.
In May, JPMorgan filed to launch a tokenized money market fund that would allow stablecoin issuers to hold reserve assets in a regulated investment vehicle while earning interest. The Ethereum-based fund is designed to invest in US Treasury bills and overnight repurchase agreements that back payment stablecoins.
Earlier this month, State Street launched a government money market fund for stablecoin issuers, offering a vehicle to hold reserve assets in compliance with the GENIUS Act. The fund invests in US government securities and repurchase agreements and counts State Street Bank and Anchorage Digital among its initial investors.
Other large financial institutions are pursuing stablecoin strategies as well. In July 2025, Bank of America said it was exploring stablecoins to modernize its payments infrastructure, while in January, Fidelity Investments launched a US dollar-backed stablecoin, FIDD, after receiving conditional approval to operate a national trust bank.
The stablecoin market is valued at approximately $313 billion, according to DefiLlama, with Tether's USDT accounting for about 60% of the market.
Source: DefiLlama
Magazine: Bitcoin slides to $58K, XRP hits $1 but onchain data promising: Market Moves
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
BNY has expanded its Digital Asset Custody platform to let institutional clients store, transfer, mint and redeem Circle's USD Coin, making it the first stablecoin supported on the platform.
The new capabilities allow BNY clients to convert US dollars into USDC and redeem the stablecoin back into dollars directly through the bank while also storing and transferring USDC on its custody platform. BNY said it plans to expand the service to additional stablecoins and digital cash workflows over time.
The expansion builds on BNY's existing role as the primary custodian of the assets backing USDC, extending its relationship with Circle beyond safeguarding reserve assets to include client-facing stablecoin services.
According to BNY, the custodian bank oversees $59.3 trillion in assets under custody and administration and serves more than 90% of Fortune 100 companies. USDC is the world's second-largest stablecoin by market capitalization, with more than $73.8 billion in circulation, according to DefiLlama data.
In May, BNY partnered with Abu Dhabi-based Finstreet and the ADI Foundation to develop institutional custody services for Bitcoin (BTC) and Ether (ETH), with plans to later support stablecoins and tokenized real-world assets.
Source: DefiLlama
Traditional finance expands stablecoin infrastructureBNY's announcement is the latest in a series of stablecoin-focused products launched by major financial institutions in recent months, as traditional banks and asset managers expand services supporting reserve management, custody and blockchain-based payments.
In May, JPMorgan filed to launch a tokenized money market fund that would allow stablecoin issuers to hold reserve assets in a regulated investment vehicle while earning interest. The Ethereum-based fund is designed to invest in US Treasury bills and overnight repurchase agreements that back payment stablecoins.
Earlier this month, State Street launched a government money market fund for stablecoin issuers, offering a vehicle to hold reserve assets in compliance with the GENIUS Act. The fund invests in US government securities and repurchase agreements and counts State Street Bank and Anchorage Digital among its initial investors.
Other large financial institutions are pursuing stablecoin strategies as well. In July 2025, Bank of America said it was exploring stablecoins to modernize its payments infrastructure, while in January, Fidelity Investments launched a US dollar-backed stablecoin, FIDD, after receiving conditional approval to operate a national trust bank.
The stablecoin market is valued at approximately $313 billion, according to DefiLlama, with Tether's USDT accounting for about 60% of the market.
Source: DefiLlama
Magazine: Bitcoin slides to $58K, XRP hits $1 but onchain data promising: Market Moves
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Coinbase launched Coinbase for Agents on June 11, a platform that lets AI systems like ChatGPT and Claude connect directly to user accounts to execute trades, manage portfolios, and make transactions using stablecoins. Users tell the AI what to do in plain English, set spending and risk limits, and the agent handles the rest. Coinbase’s stock rose over 3% on the news.
How it actually works Users can grant AI agents access to their Coinbase accounts with specific constraints: how much the agent can spend, what level of risk it can take, and which types of trades it can execute.
The platform supports both spot and derivatives trading, real-time market data access, and portfolio management. It’s accessible through both web interfaces and terminal-based setups.
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Transactions on the platform run on USDC, Coinbase’s preferred stablecoin, using something called the x402 protocol. This protocol is designed to enable machine-to-machine payments, essentially letting AI agents pay for services, data, or assets without a human intermediary approving each step.
Compliance follows the same framework as standard Coinbase accounts. The agents operate within user-defined guardrails, and Coinbase’s existing regulatory controls still apply.
The bigger picture: agentic finance Coinbase has been building toward this moment through a series of AI-focused products. First came AgentKit, which embedded crypto wallets directly into AI agents. Then came Agentic Wallets, purpose-built for autonomous trading and spending. Coinbase for Agents connects those autonomous capabilities to the full suite of Coinbase’s exchange infrastructure.
Alongside the agents platform, Coinbase also rolled out Coinbase Advisor, an in-app AI that provides personalized recommendations to users.
Coinbase is calling this broader trend “agentic finance.” Analysts have projected that autonomous agents could drive as much as 20% of all e-commerce by 2030.
What this means for investors Coinbase has hinted at future expansions beyond crypto, with potential support for equities and commodities trading through the agents platform.
By routing agent transactions through USDC, Coinbase is creating a new demand driver for its stablecoin. Every AI agent that needs to make a payment or execute a trade on the platform needs USDC to do it.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
BNY, the world's largest custodian bank with $59.4 trillion in assets under custody, has made USDC the first stablecoin on its Digital Asset Custody platform, enabling institutional clients to store, transfer, mint, and redeem Circle's dollar-pegged token alongside traditional assets.
BNY, the world's largest custodian bank, has made USDC the first stablecoin supported on its Digital Asset Custody platform, giving institutional clients a single environment to store, transfer, mint, and redeem Circle's dollar-pegged token alongside traditional assets.
The integration, announced Monday by Circle on its official X account, extends a relationship between the two firms that began in 2022, when Circle selected BNY as the primary custodian of USDC reserves. BNY oversees $59.4 trillion in assets under custody and administration, per its first-quarter 2026 earnings. USDC holds $73.71 billion in circulation, the second-largest stablecoin by market cap, per DefiLlama.
Custody-to-Mint in One PlaceUnder the expanded arrangement, BNY's institutional clients can hold USDC in digital asset custody wallets maintained by the bank, then instruct BNY to have Circle convert U.S. dollars into USDC (mint) or redeem USDC back into dollars (burn). That brings fiat cash management and blockchain-based settlement into one operational framework, removing the handoff between a traditional custodian and a separate stablecoin infrastructure provider.
BNY said it plans to extend the capability to additional stablecoin issuers and broader digital cash workflows over time.
GENIUS Act Opens the DoorThe GENIUS Act, the Guiding and Establishing National Innovation for U.S. Stablecoins Act signed by President Trump in July 2025, gave federally chartered depository institutions explicit authority to provide custody services for payment stablecoins. The law requires permitted stablecoin issuers to maintain 1:1 reserves in liquid assets including U.S. dollars and short-term Treasuries, and it allows OCC-regulated institutions to provide stablecoin custody within the existing supervisory framework without holding additional regulatory capital against the assets.
BNY's January 2026 tokenized-deposit launch was the first visible step in executing that strategy. The USDC custody expansion is the next: the January announcement put tokenized bank deposits on a private blockchain for collateral and margin workflows; Monday's move brings an external stablecoin issuer onto the same platform, opening USDC to BNY's institutional client base.
The bank said the Digital Assets platform is governed by established risk, compliance, and control frameworks and that client balances continue to be recorded on traditional systems to maintain regulatory and reporting integrity.
BNY's Digital Asset ArcBNY's move into digital assets has followed a deliberate sequence. In November 2025, the bank launched the BNY Dreyfus Stablecoin Reserves Fund, a money-market vehicle designed to hold reserves for stablecoin issuers including Circle. In January 2026, it extended digital cash capabilities to institutional clients via tokenized deposits on a permissioned blockchain, with participants including Citadel Securities, Anchorage Digital, and ICE. Monday's USDC announcement follows as the third step: custody, plus the ability to mint and burn USDC directly from a BNY account.
Dante Disparte, Circle's chief strategy officer, said at the January 2026 tokenized-deposit launch that the BNY relationship has been "anchored by a shared vision" of demonstrating that "speed and new use cases do not come at the expense of safety and soundness expectations of the world's leading financial institutions," per BNY's announcement.
The expansion comes as Invesco filed for a GENIUS Act-compliant tokenized stablecoin-reserve money-market fund on June 25, and as Baillie Gifford launched a tokenized bond fund on Solana and Ethereum with BNY custody on June 23. BNY appears as the custodial layer across each of those institutional digital-asset moves.
The Bank of New York Mellon (BNY) has expanded its partnership with Circle Internet Group (CRCL) to deliver full-lifecycle stablecoin capabilities to institutional clients. Circle's USDC, the second-largest stablecoin by market capitalization, will become the first supported asset on BNY’s Digital Asset Custody platform.
Through their partnership, the firms will enable users to custody, transfer, mint and burn USDC directly through BNY, according to the announcement on Monday. Institutional clients can now hold USDC in their BNY digital custody wallets and instruct the bank to convert U.S. dollars into newly minted USDC or redeem, or "burn," USDC back into dollars.
The new service builds on BNY’s role as primary custodian for USDC reserves and creates a seamless bridge between traditional fiat and digital assets.
"BNY has always been where institutional finance moves first, and making USDC the first stablecoin included in their new offering reflects the regulatory rigor Circle has built into USDC from day one," Circle Chief Commercial Officer Kash Razzaghi said. "This is the next chapter in a longstanding relationship that now gives BNY clients connectivity between on-chain and traditional assets, within the infrastructure they already trust."
BNY, the world's largest custodian bank, said it plans to add support for additional stablecoin issuers over time. It initially supports USDC issued on Ethereum and Solana.
This is not BNY’s first step into crypto. Earlier this year, the bank opened a tokenized deposit service for six clients, including ICE and Citadel Securities.
It was also one of the first major Wall Street institutions to offer regulated digital asset custody in the U.S. and other regions and provides support for the majority of spot BTC and ETH ETFs.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
BNY has added USDC minting, redemption, custody and transfer services to its Digital Asset Custody platform, giving institutional clients direct access to Circle’s stablecoin through the bank.
Summary
BNY has enabled institutional clients to mint, redeem, store and transfer USDC directly through its Digital Asset Custody platform. The bank has expanded its role with Circle beyond safeguarding USDC reserves by adding client-facing stablecoin services. BNY joins Invesco, JPMorgan and State Street as major financial institutions rolling out products tied to stablecoin reserves and infrastructure. According to BNY, the update allows clients to turn U.S. dollars into USDC and redeem the stablecoin back into dollars from within its platform. The bank said clients can also hold and transfer USDC through its digital asset custody service, making Circle’s token the first stablecoin supported by the platform.
The service deepens BNY’s existing relationship with Circle. BNY already serves as the primary custodian for the assets backing USDC, and the latest expansion moves the bank beyond reserve custody into direct stablecoin services for institutional clients.
BNY said it plans to add support for more stablecoins and digital cash workflows over time. The bank did not name the next assets it may support or give a timeline for the expansion.
BNY is taking USDC deeper into institutional custody BNY said it oversees $59.3 trillion in assets under custody and administration and serves more than 90% of Fortune 100 companies. Its USDC support gives large institutions a bank-based route to access stablecoin issuance and redemption without moving outside a regulated custody environment.
USDC is the second-largest stablecoin by market value, with more than $73.8 billion in circulation, according to DefiLlama data. Tether’s USDT remains the largest stablecoin, while DefiLlama data places the total stablecoin market at about $313 billion.
The announcement also follows BNY’s recent work in other areas of digital asset custody. In May, the bank partnered with Abu Dhabi-based Finstreet and the ADI Foundation to develop institutional custody services for Bitcoin and Ether, with plans to later include stablecoins and tokenized real-world assets.
By adding USDC minting and redemption to its platform, BNY is placing stablecoin activity closer to the custody and settlement systems already used by institutional clients. Circle’s role remains tied to USDC issuance, while BNY’s expanded service gives clients custody and movement tools around the token.
Banks are building products for stablecoin reserves BNY’s move comes as large financial firms develop products tied to stablecoins, reserve assets and tokenized cash management.
Last week, Invesco filed with the U.S. Securities and Exchange Commission to launch a tokenized money market fund for stablecoin reserve management. According to the filing, the fund would invest in cash and short-term U.S. Treasury securities.
In May, JPMorgan filed to launch a tokenized money market fund designed for stablecoin issuers. The Ethereum-based fund would invest in U.S. Treasury bills and overnight repurchase agreements used to back payment stablecoins.
State Street also launched a government money market fund for stablecoin issuers earlier this month. The fund invests in U.S. government securities and repurchase agreements, with State Street Bank and Anchorage Digital listed among its first investors.
Other financial firms have also moved into stablecoin-related services. In January, Fidelity Investments launched its U.S. dollar-backed stablecoin FIDD after receiving conditional approval to operate a national trust bank.
Together, the announcements show how major banks and asset managers are building around the reserve, custody and payment layers of stablecoins as institutional demand for digital cash infrastructure grows.
@BNYglobal, one of the world's largest custody banks, has made Circle's @USDC the first stablecoin on its Digital Asset Custody platform, deepening a relationship with @circle that stretches back to 2022. BNY oversees $59.3 trillion in assets, giving the new USDC services immediate institutional scale.
What Institutional Clients Can Now Do Under the expanded arrangement, institutional clients can now hold USDC directly in digital asset custody wallets maintained by BNY. The bank also enables clients to instruct Circle to convert U.S. dollars into USDC (mint) and redeem USDC back into dollars (burn), bringing fiat custody and blockchain-based settlement into one operational framework.
By combining digital asset custody with fiat cash management, the platform is designed to support the full lifecycle of institutional stablecoin transactions while providing a single operating environment for both traditional and blockchain-based assets. For institutional clients, this reduces friction. Previously, accessing USDC often required separate accounts with crypto-native custodians or exchanges. Now, clients can manage their stablecoin holdings within BNY's existing custody framework, which is already used by many of the world's largest asset managers and financial institutions.
A Partnership Built on USDC Reserves The announcement follows a collaboration that began in 2022, when Circle named BNY Mellon as one of its key USDC reserve custodians. The offering makes Circle's flagship stablecoin the platform's first supported stablecoin and extends BNY's existing role as custodian of USDC reserves.
BNY said the integrated platform is designed to support institutional adoption of digital assets by bringing blockchain-based transactions into existing financial workflows, with plans to support additional stablecoins over time. The move reflects growing demand from traditional financial institutions for regulated stablecoin infrastructure.
Sources:
CoinDesk: Wall Street's BNY Expands Stablecoin Ties With Circle
Crypto Briefing: BNY Mellon Integrates USDC as First Stablecoin on Digital Asset Custody Platform
Bitcoin.com News: BNY Gives Institutions Power to Mint and Burn USDC Directly From Custody
OneSpan (OSPN - Free Report) closed the most recent trading day at $14.31, moving +1.06% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The internet security company's shares have seen a decrease of 1.94% over the last month, surpassing the Computer and Technology sector's loss of 5.33% and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of OneSpan in its upcoming earnings disclosure. The company is expected to report EPS of $0.25, down 26.47% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $57.75 million, showing a 3.49% drop compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.23 per share and revenue of $246.53 million. These totals would mark changes of -17.45% and +1.38%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for OneSpan. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.51% higher. OneSpan is holding a Zacks Rank of #2 (Buy) right now.
Looking at its valuation, OneSpan is holding a Forward P/E ratio of 11.51. Its industry sports an average Forward P/E of 18.67, so one might conclude that OneSpan is trading at a discount comparatively.
One should further note that OSPN currently holds a PEG ratio of 1.05. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software was holding an average PEG ratio of 1.05 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 79, this industry ranks in the top 33% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Arthur Hayes bought millions of dollars in tokens. Then he told everyone why. The price did exactly what you’d expect.
An address linked to the BitMEX co-founder and Maelstrom CIO acquired roughly 6.16 million $SYN tokens, valued at approximately $2.2 million, through the FlowDesk OTC platform. Shortly after, Hayes publicly endorsed Hypercall, an options decentralized exchange built within the Synapse Protocol ecosystem, calling it a legitimate competitor to Deribit. The token surged as much as 40.9% on the day.
The buy-then-endorse playbook Hayes loaded up on $SYN via an over-the-counter deal, meaning the purchase was executed off public order books to avoid moving the price prematurely. OTC desks like FlowDesk exist specifically for this purpose, letting large buyers accumulate positions without telegraphing their moves to the broader market.
Then came the public endorsement. Hayes positioned Hypercall as a decentralized alternative to Deribit, the dominant centralized options trading platform in crypto. The combination of a whale-sized purchase and a high-profile social media co-sign sent traders scrambling to buy in.
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Reports on the exact price increase vary. Some on-chain analytics sources pegged the rally at around 26%, while others tracked a peak gain of 40.9%. The discrepancy likely comes down to timing, since tokens that spike this quickly on influencer momentum tend to oscillate wildly within the same trading session.
What is Hypercall, and why does it matter Hypercall is an options DEX emerging from the Synapse Protocol ecosystem. It’s built on top of Hyperliquid, the high-performance Layer 1 blockchain that has been steadily attracting derivatives-focused projects. The Synapse ecosystem itself has prior products that have collectively exceeded $55 billion in volume.
Hypercall wants to let traders buy and sell options contracts entirely on-chain, without needing to trust a centralized exchange to hold their funds or execute their trades.
One notable design choice is that Hypercall uses $SYN as its governance token rather than launching a new one. The token already serves as the governance mechanism for Synapse Protocol, the Synapse DAO, and related initiatives. This approach avoids the token fragmentation problem that plagues many DeFi ecosystems, where each new product launches its own token and dilutes attention across multiple assets.
Deribit currently dominates crypto options trading by a wide margin. It processes the vast majority of Bitcoin and Ethereum options volume globally.
What this means for investors Hayes has a well-documented history of making influential calls on derivatives and DeFi projects. His track record at BitMEX established him as one of the most visible figures in crypto derivatives, and his current role at Maelstrom, a crypto investment fund, gives his endorsements additional weight.
The bull case for sustained interest in $SYN rests on Hypercall actually gaining traction as an options venue. The ecosystem’s existing $55 billion volume track record at least suggests the team knows how to build products that traders actually use.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
In the latest trading session, Copa Holdings (CPA - Free Report) closed at $155.53, marking a -1.06% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Shares of the holding company for Panama's national airline have appreciated by 10.01% over the course of the past month, outperforming the Transportation sector's gain of 2.8%, and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of Copa Holdings in its forthcoming earnings report. The company is expected to report EPS of $1.9, down 47.37% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 27.12% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $15.96 per share and a revenue of $4.38 billion, signifying shifts of -1.97% and +21.16%, respectively, from the last year.
Any recent changes to analyst estimates for Copa Holdings should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.43% higher within the past month. Copa Holdings is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Copa Holdings's current valuation metrics, including its Forward P/E ratio of 9.85. For comparison, its industry has an average Forward P/E of 11.9, which means Copa Holdings is trading at a discount to the group.
Also, we should mention that CPA has a PEG ratio of 1.2. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 1.15 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 208, positioning it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CPA in the coming trading sessions, be sure to utilize Zacks.com.
GigaCloud Technology Inc. (GCT - Free Report) ended the recent trading session at $32.41, demonstrating a +1.19% change from the preceding day's closing price. This change outpaced the S&P 500's 1.18% gain on the day. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
The company's shares have seen a decrease of 11.13% over the last month, not keeping up with the Business Services sector's loss of 0.5% and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of GigaCloud Technology Inc. in its forthcoming earnings report. The company's upcoming EPS is projected at $0.85, signifying a 6.59% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $383.7 million, indicating a 18.94% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.18 per share and revenue of $1.53 billion, which would represent changes of +16.43% and +18.96%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for GigaCloud Technology Inc. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, GigaCloud Technology Inc. holds a Zacks Rank of #3 (Hold).
Digging into valuation, GigaCloud Technology Inc. currently has a Forward P/E ratio of 7.66. This denotes a discount relative to the industry average Forward P/E of 16.86.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 163, this industry ranks in the bottom 34% of all industries, numbering over 250.
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Loopring, an Ethereum [ETH] layer-2 scaling protocol, has announced it will shut down its decentralized exchange, marking the end of one of Ethereum’s earliest layer-2 pioneers.
Declining user engagement over several years was a major factor in Loopring’s decline. However, it seems that this decline in engagement was largely due to the growing popularity of zkEVM technologies, which provide full support of the EVM.
Source: X Unlike Loopring’s (LRC) specialized zkRollup design, zkEVMs allow existing Solidity applications to deploy without extensive redevelopment, accelerating ecosystem growth. That transition steadily reduced daily active addresses, transaction volumes, DEX activity, and protocol fees before the shutdown on the 28th of June.
Therefore, it appears that innovative technology can establish a platform as a leader in terms of scalability. If such a platform does not also offer widespread composability, then ultimately it cannot maintain that position.
Yet, unless Loopring develops its zk-Rollup technology into either Layer-3 or modular solutions, the discontinuation of Loopring represents the beginning of Ethereum’s next step in scalability.
Can Loopring’s technology survive beyond its DEX? Loopring’s shutdown raises questions on how much Ethereum has lost one of its first layer-2 pioneers, with the innovation in layer-2. A decline in all key metrics such as TVL, transaction volume, daily users, and liquidity has made the Loopring independent DEX less relevant.
The Layer-2 protocol directly pointed out that the reason for this downward trend was low adoption, low composability, bad business practices, and 2026 delisting from exchanges using LRC. These trends point toward the possibility that the original protocol will be unable to reverse.
Source: Loopring on X However, the network’s technology tells a different story. Loopring’s current zkrollup architecture continues to provide a known secure and high-throughput design.
As long as these features can be used by other protocols in Layer-3 or modular infrastructure, then Loopring’s contributions to Ethereum history may continue. Alternatively, if they cannot, then this may signal the death of one of Ethereum’s first Layer-2 specific innovations.
Final Summary Loopring’s shutdown reflects years of weak adoption, falling activity, and pressure from zkEVM competitors. Loopring now depends on whether its zkRollup technology can survive through Layer-3 or modular infrastructure.
, /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Futu Holdings Limited (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026. Futu Holdings Limited engages in the provision of digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations that Futu Holdings Limited (FUTU) Misled Investors Regarding its Business Prospects
According to the complaint, during the class period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Plaintiff alleges that On May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion." The press release reported this adjustment under the Company's financial statements as "Others, net" in its statements of comprehensive income for the applicable period. On this news, Futu's stock price fell $5.31, or 4.8%, to close at $104.91 on May 28, 2026.
What Now? You may be eligible to participate in the class action against Futu Holdings Limited Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against Futu Holdings Limited settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NasdaqGM: FUTU), if they purchased or otherwise acquired the Company’s securities between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
What You May Do
If you purchased securities of Futu as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-futu/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 25, 2026.
>>>CLICK HERE for more information
About the Lawsuit
Futu and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was not in compliance with the requirements of the China Securities Regulatory Commission, including because it continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, the Company was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (iii) as a result of the foregoing, the Company’s financial results were overstated; and (iv) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The case is Tang v. Futu Holdings Limited, et al, 26-cv-05453.
>>>To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
>>>For More Information about the case, Click HERE
Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026.
So what: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Apple has a new policy in which it has accelerated its release of security updates in response to the speed with which artificial intelligence can develop malicious hacking tools, Reuters reported Monday (June 29).
