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XRP ETF inflows jumped 115% to $23M in the week of June 22–26, pushing total U.S. XRP ETF AUM to $934M — just as Q3 begins, the historically strongest quarter for XRP with a median return of +27.1% over 13 yearsA dormant SHIB wallet from 2024's bull run moved 598 billion tokens (~$2.7M) through a ForwarderV4 smart contract — the same method used by other reactivated whale wallets last week, pointing to a single centralized institution liquidating old reservesMichael Saylor officially approved a Bitcoin sell program at Strategy, raising STRC preferred share yield to 12% and setting a $1.25B BTC sales cap — the company says it has 25.9 months of runway secured between fiat reserves and the new sell limitBitcoin is trading at ~$59,860, below its 200-day EMA of $68,960, with no significant ETF inflows for 55 days — but July historically averages +8.2% for BTC, and seasonal patterns could trigger a Q3 reversalBinance exited the EU on July 1 under MiCA rules, sending a wave of European users to Coinbase and OKX — the latter reported an all-time registration record from EuropeXRP ETFs soar 115% ahead of a historically strong quarter for the coinWhile Bitcoin and Ethereum are recording billion-dollar outflows, during the week from June 22 to June 26, net inflows into XRP funds jumped by 115.7% to $22.99 million, compared with $10.66 million a week earlier, according to SoSoValue.

Large players are clearly buying at the local bottom, right before the start of Q3 2026, which has historically been the most stable period of the year for XRP. Taking the latest inflows into account, U.S. XRP ETFs now have $934.26 million under management, which equals 1.44% of the coin's total market capitalization.

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The token's price, meanwhile, is trapped around $1.05. In this context, June turned out to be brutal, with a 21% decline, but for XRP this is a classic scenario: a strong early-summer sell-off has often become a springboard for a powerful Q3.

Total XRP Spot ETF Net Inflow in Q2 2026, Source: SoSoValueStatistics from the past 13 years show that Q3 is a unique period for XRP: 

Median Q3 returns stand at +27.1%, while the average return is +18.2%. Since 2020, XRP has closed this quarter exclusively in the green — a streak that has already lasted six years.In addition, Q3 has a history of breaking bear markets. In 2018, after a prolonged decline, it delivered a +24.4% gain, and in 2022, after a disastrous second quarter, XRP rebounded by +44.5%. Growth inside the quarter usually starts in July, with a median gain of +10.8%, takes a pause for consolidation in August, and ends with a final push in September, where the average result stands at +13.7%.

If the seasonal pattern repeats this time, the historical median of +27.1% would put XRP on course for a confident exit from its prolonged decline and a test of new local highs by the end of September.

A sleeping Shiba Inu coin pool activates 598 billion tokensLarge players in the Shiba Inu ecosystem are returning to the game, and blockchain data from Arkham has recorded the sudden awakening of a wallet that had been inactive since 2024 — the period of the token's last major price surge. In just one day, two giant transactions passed through the address: 178.16 billion SHIB worth $795,000 and 419.97 billion SHIB worth $1.87 million.

The main intrigue, however, lies in the technical trail. These 598 billion tokens were withdrawn through the ForwarderV4 smart contract — the same method previously used to move funds by other awakened giants from that period last week.

2024 Shiba Inu (SHIB) whale '0x624C09' transfers, Source: ArkhamThis repeating pattern leads to a clear conclusion: these are not individual retail investors, but a single centralized pool. The use of a single ForwarderV4 gateway proves that behind the chain of different addresses stands a large organization — a custodian, market maker, or OTC desk that has been managing institutional liquidity since the year before last.

For the market, such maneuvers are always a cause for concern. The activation of old billion-token reserves often signals preparation for profit-taking, which could locally pressure the SHIB price.

Strategy raises STRC rate to 12% and prepares Bitcoin for saleStrategy Inc. chairman Michael Saylor has presented a plan to shore up the company's securities, called the Digital Credit Capital Framework. In recent weeks, investors and Wall Street analysts have harshly criticized Saylor and demanded that he sell at least $3 billion worth of BTC to cover debts and secure liquid cash.

The situation was also extremely tense because at the end of May, the company had already quietly carried out a test sale of 32 BTC, which seriously rattled the market. 

To calm the panic and restore trust, Saylor is raising the annual yield on Strife preferred shares, or STRC, to 12% starting in July. The company will now revise this rate every month, while Saylor's main goal is to lift the fallen market price of these securities back to their $100 par value.

Strategy announces a Digital Credit Capital Framework designed to strengthen Digital Credit, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation. $MSTR $STRC https://t.co/AUoUCtem53

— Michael Saylor (@saylor) June 29, 2026 But the biggest shock for the crypto market was that Saylor officially approved a full-scale BTC Monetization Program. The company has officially set the rules under which it will systematically sell Bitcoin, and Saylor plans to do this in three specific cases:

To replenish the fiat reserve, with a strict sales limit of up to $1.25 billion.To pay dividends and interest if doing so is more beneficial than issuing new shares.To buy back the company's own securities during significant market drawdowns.Right now, the company has $2.55 billion in net fiat on its accounts, which will be used strictly to pay interest and dividends — enough cash for 17.4 months. If the $1.25 billion Bitcoin sales limit is added to this, the company's total safety cushion reaches $3.80 billion. This guarantees Strategy 25.9 months of stable operations without raising any new debt at all, says Saylor.

Additionally, Saylor allocated $1 billion each for buyback programs of MSTR shares and STRC securities in order to contain panic during market drawdowns. 

Crypto market outlook: Regulatory storm in the EU and on-chain capitulation pressure BitcoinThe cryptocurrency market is going through a harsh phase of local cleansing due to a complete standstill in U.S. ETF inflows, a large-scale migration of European capital ahead of the strict MiCA deadline, and the sudden awakening of institutional whales from previous cycles, although Bitcoin's historically bullish July still leaves hope for an imminent seasonal reversal.

Key checkpoints:

BTC Price Review: Bitcoin is hovering at $59,859.95 (+0.63%), trading under heavy resistance at the 200-day EMA ($68,960) and risking a slide toward the strong $56,850 support zone if the current local bottom is lost.July's historical trigger: June is closing for BTC with a deep -18.7% decline, but historical statistics point to strong July seasonality, with an average gain of +8.24% and a median gain of +8.09%, which often turns the start of Q3 into a launch point for a powerful rebound.55-day drought in spot ETFs: U.S. regulated funds have completely deprived Bitcoin of fresh capital, recording no significant direct inflows since May 4, leaving the market without its main liquidity driver for almost two months.Regulatory exodus from the EU on July 1: Binance's official exit from the European market due to the entry into force of MiCA rules triggered a fierce battle for users between Coinbase and OKX, with the latter already reporting an all-time record in new registrations from Europe.RWA expansion and Ondo's dominance: The real-world asset tokenization sector is surging to new highs, with Ondo capturing 74.5% of the on-chain ETF market, while the Base network has overtaken Ethereum in USDC Morpho liquidity. You Might Also Like

New Capital Plan Raises STRC’s Payout to 12%Strategy unveiled a Digital Credit Capital Framework Monday, raising the annual dividend rate on its STRC preferred stock to 12%, effective for dividend periods starting July 1. 

The company’s USD reserve now stands at roughly $2.55 billion, enough to cover about 17.4 months of preferred dividend and interest obligations.

The board authorized, but didn’t commit to, up to $1 billion in buybacks of Digital Credit Securities and another $1 billion in Class A common stock repurchases. 

Both programs carry no fixed expiration date and depend entirely on market conditions and management’s read on whether buying back shares actually adds value.

Strategy also approved a Bitcoin Monetization Program, giving the company the option to sell BTC whenever management decides it makes sense. 

Proceeds could rebuild the USD reserve, fund preferred dividends, or pay for share buybacks, though Strategy stressed the program creates no obligation to actually sell any Bitcoin.

Michael Saylor said the framework strengthens Strategy’s credit profile while keeping Bitcoin as the company’s primary treasury asset. 

CEO Phong Le framed it as a shift from simply issuing capital to actively managing the balance sheet through both issuance and buybacks depending on conditions.

Saylor’s 113 Buys Since Inception, Mapped on One ChartSaylor shared a chart Sunday showing Strategy’s full purchase history: 847,363 Bitcoin worth $50.88 billion as of June 28, spread across 113 separate buy events at an average cost basis of $75,653 per coin. 

The chart’s orange bubbles highlight aggressive accumulation through 2024 and 2025, with the average purchase price trending steadily upward.

“We’re gonna need more charts,” Saylor wrote, signaling he expects to keep adding Bitcoin going forward despite skipping purchases entirely last week. 

MSTR Breaks a Support Level That Held Since Early 2025MSTR trades 53.5% below its 200-day moving average, with the October 2025 death cross still firmly in place. 

The stock crashed through the $100 to $105 demand zone that had held since early 2025, a major structural breakdown, and is now testing a deeper zone between $65 and $80.

RSI sits at 27.85, putting MSTR firmly in oversold territory. Reclaiming the broken $100 zone targets $114.50 then $133.93. Losing $80 opens a path toward $65 to $70.

Image: Shutterstock

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Ripple (XRP) pares losses and trades around $1.05 at the time of writing on Monday. The cross-border remittance token is attempting a recovery after last week’s sell-off, which intensified as the United States (US) and Iran exchanged fire.

Steady gains above $1.05 would affirm a bullish turnaround, given that Bitcoin (BTC) and Ethereum (ETH) are also edging higher.

XRP attracts modest capital inflowsXRP spot Exchange-Traded Funds (ETFs) posted inflows on several days last week. According to SoSoValue data, US-listed spot ETF inflows more than doubled totalling to $23 million, up from nearly $11 million the previous week.

Cumulative inflows currently stand at $1.47 billion, up from the $1.45 billion recorded the week before, while assets under management dropped to $934 million from $995 million.

XRP ETF flows | Source: SoSoValueSteady institutional interest is required to offset a significantly suppressed retail market. CoinGlass data show that perpetual futures Open Interest (OI) has remained relatively stable at $2.36 billion, down from $2.69 billion on June 1. Compared to the record $10.94 billion in July, the current OI indicates that risk-averse sentiment dominates in the retail market. The return of retailers would be key for the resumption of the uptrend.

XRP Futures OI | Source: CoinGlassPrice analysis: XRP holds key support amid a broader bearish trendXRP trades at $1.05, keeping a clear bearish near-term tone as price holds well beneath the key Exponential Moving Averages (EMAs), with the 50-day EMA at $1.21, the 100-day EMA at $1.31 and the 200-day EMA at $1.53 all acting as overhead resistance.

The pair is also capped below the Bollinger Bands' middle boundary at $1.12, while the lower band near $1.01 offers the nearest technical floor.

Meanwhile, the Moving Average Convergence Divergence (MACD) histogram remains marginally negative and flat on the daily chart, while the Relative Strength Index (RSI) which sits at 33 sits, suggests subdued downside momentum.

XRP/USDT daily chartInitial resistance is seen at the Bollinger middle band around $1.12, ahead of a tighter cluster in the $1.23-$1.24 region where the Bollinger upper band aligns with the downward trendline’s break price. A daily close above this zone would be needed to ease the broader bearish pressure and target the 50-day EMA at $1.21 and. Further up, the 100-day EMA at $1.31 and the 200-day EMA at $1.53 would keep XRP constrained.

Looking down, immediate support is seen at the Bollinger lower band near $1.01. A decisive move below this level would expose fresh weakness, opening the door to a deeper retracement while keeping the overall structure firmly biased to the downside.

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

Open Interest, funding rate FAQs Higher Open Interest is associated with higher liquidity and new capital inflow to the market. This is considered the equivalent of increase in efficiency and the ongoing trend continues. When Open Interest decreases, it is considered a sign of liquidation in the market, investors are leaving and the overall demand for an asset is on a decline, fueling a bearish sentiment among investors.

Funding fees bridge the difference between spot prices and prices of futures contracts of an asset by increasing liquidation risks faced by traders. A consistently high and positive funding rate implies there is a bullish sentiment among market participants and there is an expectation of a price hike. A consistently negative funding rate for an asset implies a bearish sentiment, indicating that traders expect the cryptocurrency’s price to fall and a bearish trend reversal is likely to occur.

XRPLF and VS1 Finance Team Up on Permissioned LendingThe XRP Ledger Foundation (@XRPLF) has partnered with @vs1_finance to develop a sovereign, open-source reference application for permissioned lending on the $XRP Ledger. The collaboration positions VS1 as one of the first platforms to build directly on the ledger's newest institutional-grade infrastructure, combining compliance tooling with native on-chain credit mechanics.

The protocol leans on two core XRPL primitives: Credentials and Permissioned Domains. Permissioned Domains allow features such as lending protocols to restrict and manage access, so traditional financial institutions can offer services on-chain while complying with various compliance rules. Credentials, linked to Decentralized Identifiers, enable trusted issuers to attest to attributes such as KYC status, accreditation, or regulatory permissions. Their real power comes as a foundational building block within XRPL's broader identity stack, enabling permissioned domains, regulated DEXs, and compliant access to tokenized assets and lending markets.

Together, these primitives ensure that only participants meeting institutional-grade compliance standards can access on-chain liquidity through the VS1 application.

Single Asset Vaults and Bond TokenizationThe framework also integrates two recently introduced XRPL amendments: Single Asset Vaults (XLS-65) and the native XRPL Lending Protocol (XLS-66). Single Asset Vaults aggregate liquidity and issue vault shares that can be transferable or non-transferable depending on configuration. The Lending Protocol then builds on these vaults to enable fixed-term, uncollateralized loans with pre-set amortization schedules, while underwriting and risk management remain off-chain, where institutions already have mature models.

RippleX has confirmed that several institutional participants, including VS1.Finance, are already preparing to build on top of the Single Asset Vault and Lending Protocol. VS1 has noted it is applying Single Asset Vault and Lending Protocol to enable bond tokenization, going beyond simple credit use cases.

VS1 describes itself as the first AI-powered institutional DeFi hub on the XRP Ledger, building a regulated DeFi platform that combines institutional-grade swaps, lending, and AI-powered yield generation with portfolio intelligence tools for financial institutions and investors. VS1's first issuance, a corporate bond under the National Bank of Georgia's regulatory sandbox, is scheduled for Q3 2026.

The partnership reflects a broader shift on XRPL toward production-ready institutional infrastructure. Real-world assets on the XRP Ledger more than doubled last quarter, reaching an all-time high of $2.25 billion, up 124% in three months. With compliance primitives now live and a native lending protocol advancing through validator consensus, the ledger is moving from experimentation to regulated financial infrastructure at scale.

Sources:
Ripple: Institutional DeFi on XRPL
XRPL.org: Permissioned Domains
CryptoNews: XRPL Lending Protocol Security Review

For the last several years, most blockchain progress has focused on asset representation and transfers, issuing digital instruments, settling transactions faster, and reducing friction in value transfer.

But moving an asset onchain is only half the job. Real financial markets depend on what happens next: borrowing against assets, putting them to work as collateral, accessing liquidity without having to sell. That layer - lending and credit - barely exists onchain yet, and its absence is what stops tokenized markets from functioning like real capital markets

As more real-world assets move onchain, including treasuries, money market funds, stablecoins, commodities, and private credit, the question is no longer just whether those assets can exist onchain. It is: How do they become productive once they are there? How does a payment provider bridge liquidity between settlement windows? How does a market maker finance inventory without selling assets? How does an institution borrow against onchain holdings using terms its treasury and risk teams can actually evaluate?

That is the problem the XRPL Lending Protocol is designed to solve. In building the protocol, we made a deliberate choice to keep credit judgement off-chain, and standardize execution onchain. This is the core design principle.

The Missing Layer in Onchain Finance

Tokenization has made real progress. Assets that used to live only inside bank and fund admin systems can now be represented onchain.

The infrastructure to issue and hold an asset is fundamentally different from the infrastructure to finance against it. In traditional markets, those are separate systems. Custody and issuance live in one place. Financing - repo, margin lending, structured credit, working capital facilities - runs through another. That second layer is what makes assets productive, not just portable.

Most blockchain systems still blur those lines. A token gets issued. A lending application gets built around it. Another protocol creates its own borrowing rules, liquidation logic, and risk model. That was workable for early experimentation. For institutions evaluating credit activity, the result is a fragmented landscape, with liquidity scattered across isolated pools, credit behavior inconsistent across markets, and risk that must be re-underwritten protocol by protocol.

Building a durable credit layer requires treating credit as infrastructure, not as one more application layered on top of the network.

Why Credit Should Live at the Protocol Layer

Blockchains are good at enforcing rules consistently and recording what happened permanently. What they cannot do is make credit judgments - deciding whether a borrower is creditworthy, navigating regulatory requirements that differ by jurisdiction, or assessing collateral the way a lender would.

A blockchain should not replace credit teams, legal documentation, or institution-specific compliance frameworks. Those belong off-chain, where the judgment required to do them well can actually be applied. What the protocol can do is standardize what happens after a credit decision has been made: how liquidity is pooled, how loans are originated, how interest accrues, how repayment schedules are enforced, how defaults are processed.

Most onchain lending systems have conflated the two by building underwriting assumptions directly into protocol logic, which is where institutional usability begins to break down.

The XRPL Lending Protocol takes the opposite approach. Institutions handle the credit judgment off-chain, while the protocol standardizes execution once terms have been agreed.

What the XRPL Lending Protocol Makes Possible

The XRPL Lending Protocol is built on two complementary components:

Single Asset Vault — a standardized structure for pooling and managing a single asset onchain.Lending Protocol — enables that pooled liquidity to be originated into loans with defined terms, servicing, and repayment logic.Together, they provide a foundation for onchain credit. The vault is where liquidity is organized, and the lending protocol is how that liquidity is put to work.

This separation mirrors real financial infrastructure. In capital markets, the container that holds assets is not the same thing as the mechanism that finances them. By preserving that distinction, XRPL can support a wider range of credit structures over time, rather than hard-coding one lending model into a single application.

Technical note: The Single Asset Vault and Lending Protocol are defined in XLS-65 and XLS-66, respectively, and remain subject to validator approval.

What This Looks Like in Practice

A payment provider holds RLUSD reserves onchain, but a cross-border settlement won’t close for another 48 hours. They need liquidity now to fund outgoing payments. Instead of drawing on an expensive bank credit line or selling assets at the wrong time, they access a short-term working capital facility through a licensed pool administrator, borrowing against expected settlement inflows.

The loan terms are agreed upfront. Repayment occurs according to those terms and is enforced by the protocol. There is no manual process, no governance vote, and no ambiguity around how the facility operates at maturity.

Before accessing the pool, both lenders and borrowers complete compliance checks. Once approved, verifiable credentials determine who can participate and under what conditions.

That is institutional-grade onchain credit, replacing a bank credit line that might cost 300-400bps with a facility whose terms are transparent, auditable, and enforced programmatically And it is the foundation for more: inventory financing for market makers, underwritten facilities backed by digital assets, and over time, more sophisticated structures, built on a common execution layer rather than rebuilt from scratch each time.

Built for Institutional Use

The XRPL Lending Protocol is designed around a simple principle: institutions retain control over credit decisions, while the protocol standardizes how those decisions are executed.

Underwriting stays off-chain. Institutions already have credit teams, policies, legal documentation, collateral agreements, concentration limits, and regulatory obligations. The protocol assumes underwriting is done off-chain by the appropriate institution. Once terms are agreed, the blockchain enforces the mechanics. Credit assessment and credit execution are separate functions - and they should stay that way.Loan behavior is enforced natively onchain. Once a loan is originated, repayment schedules, interest calculations, and default conditions follow predefined rules. Risk teams, auditors, and regulators need to understand how a system behaves under both normal and stressed conditions - and standardizing those behaviors at the protocol layer makes it easier to evaluate, operate, and trust.Risk is structured, not socialized. The protocol supports first-loss capital at the facility level. Pool administrators or underwriters put junior capital at risk ahead of senior liquidity providers. Keeping losses contained at the facility level aligns incentives, enables risk-based pricing, and reflects how institutional credit markets are typically structured.Why XRPL: Public Network, Protocol-Level Standards

Institutional credit markets require two things that have often been difficult to reconcile onchain: broad network participation and institutional-grade controls.

Public lending protocols - Aave, Compound, Maple, and Clearpool - demonstrated that onchain lending can operate at scale and attract meaningful liquidity. At the same time, many were designed around crypto-native governance models and risk frameworks that don't align with how institutions evaluate and manage credit risk. When a protocol changes its risk model, institutions have no reliable way to underwrite that change in advance - and that is not a manageable edge case. It is the core of how risk underwriting works.

Private and permissioned systems address many of those control requirements, but often do so by limiting participation to a closed set of counterparties. While that can create consistency, it cuts off the liquidity, distribution, and network effects that make public infrastructure valuable.

XRPL is designed to bring those capabilities together.

Credit infrastructure is standardized at the protocol layer rather than implemented through isolated applications with their own governance models and risk frameworks. The network remains public, allowing institutions to access broader liquidity and distribution while supporting permissioned participation through credentials when required.

Credit markets do not exist in isolation. They sit alongside payments, collateral movements, treasury operations, and settlement flows. XRPL has been handling institutional settlement at scale for over a decade. Building a financing layer on the same network that supports those activities reduces operational complexity and allows institutions to manage more of the financial lifecycle in one place.

What This Unlocks

The lending protocol matters not because it creates another yield product, but because it makes digital assets more productive. It gives institutions a way to treat onchain assets as working capital rather than static inventory.

A payment provider can access short-duration liquidity to bridge settlement timing gaps.A market maker can finance inventory without selling core assets.A treasury team can deploy idle digital assets into underwritten facilities with clearer terms and risk allocation.A lender can build structured credit products on top of a common infrastructure layer instead of building a custom protocol from scratch.Beyond Tokenization

The next phase of blockchain in finance will not be defined by whether an asset can be tokenized. That is becoming table stakes.

The harder question is what happens once those assets are onchain. Capital markets are not defined by asset ownership alone. They depend on financing, collateralization, liquidity management, and the ability to move capital efficiently through a system. The challenge is no longer whether assets can exist onchain. It is whether the infrastructure around them can make those assets productive.

The infrastructure decisions made now, where credit logic lives, how obligations are enforced, how risk is allocated, will determine whether onchain capital markets develop real depth.

The XRPL Lending Protocol (XLS-65, XLS-66) is subject to validator approval. Infrastructure providers and developers can begin integrating and testing on devnet today — see the Lending Protocol in action and help define how onchain credit markets take shape.

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.

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The XRP Ledger ecosystem continues to roll out large-scale infrastructure for institutional money. The new phase came as the XRP Ledger Foundation (XRPLF) announced a partnership with fintech platform VS1 Finance to create an open-source reference app. 

Its task is to give developers a ready-made legal framework for launching permissioned lending on the XRP Ledger blockchain. The mission is simple enough — to offer a specific technical solution for businesses that need clear compliance in order to access credit on-chain.

Why the app relies on XRPL architecture over smart contractsThe announcement of the new partnership came just days after VS1 Finance joined Ripple's UDAX accelerator on June 25, a program focused on developing on-chain capital markets. 

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The XRP Ledger Foundation is partnering with @vs1_finance to build an open-source reference app for permissioned, compliant lending on the XRP Ledger.

The app leverages the native primitives: Credentials, Permissioned Domains, Single Asset Vaults, and the Lending Protocol. pic.twitter.com/thbXFABtH2

— XRP Ledger Foundation (@XRPLF) June 29, 2026 The main feature of the project is its rejection of external add-ons. Instead of using external smart contracts, which are vulnerable to hacks, the app is built from native primitives embedded directly into the XRP Ledger protocol. 

This approach removes the risk of bugs in third-party developer code, since the entire logic is verified at the network validator level:

Identification and access: Compliance, including KYC/AML, is implemented through the built-in Credentials and Permissioned Domains modules. This makes it possible to isolate liquidity pools and allow access only to verified counterparties. Large funds receive a guarantee that their capital will not be mixed with assets of unknown origin.Liquidity management: Fixed-term lending and asset allocation are automated through Single Asset Vaults and the system-level Lending Protocol. The mechanics work without traditional intermediaries, while preserving the credit risk parameters familiar to banks.The partners, XRPL Foundation and VS1 Finance, are not creating an isolated commercial product. Instead, they are releasing an open-source project, which means any team or financial institution will be able to fork, study, or expand this code for integration into their own services. 

For the market, this means the emergence of a free and legally clean framework that reduces the cost of building on XRPL from scratch.

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VS1 Finance notes that permissioned lending is a necessary tool for attracting large capital into XRP, while the open template will help accelerate its adoption. The software development coincides with VS1 Finance's own preparation to issue tokenized corporate bonds within the regulatory sandbox of the National Bank of Georgia.

In this context, experience working with a real banking regulator is transferred directly into the architecture of the application being created.

Bitmine Immersion Technologies (BMNR) has completed 94% of its plan to accumulate 5% of Ethereum’s total supply.

Bitmine on Monday disclosed that it purchased more than 27,000 ETH last week, lifting its total holdings to 5.7 million ETH, representing 4.7% of all Ethereum in circulation. The company also announced its inclusion in the Russell 1000 Large-cap Index, which it expects will attract additional institutional investors.

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In total, Bitmine has about $9.8 billion in assets, including crypto, cash, marketable securities, and strategic investments.

Beyond its leading Ethereum treasury, the firm also owns 206 BTC, maintains $555 million in liquidity, holds a $180 million investment in Beast Industries, and owns $74 million of Eightco, one of the few publicly listed companies offering investors indirect exposure to OpenAI.

Operationally, Bitmine continues to scale its institutional staking platform, MAVAN, with approximately 4.9 million ETH already staked, representing more than 85% of its Ethereum holdings.

Based on current staking yields, management estimates annualized staking revenue of $211 million, with upside to $246 million once all ETH is deployed through MAVAN and partner validators.

On the outlook for the crypto market, Thomas “Tom” Lee, Chairman of Bitmine, said he maintains a positive long-term view despite recent declines. Lee reiterated that the ongoing migration of Wall Street infrastructure onto blockchain networks and the emergence of crypto-based payment rails for agentic AI applications continue to support its investment strategy.

“This past week was a challenging one for crypto investors as ETH fell by 8%, even as Ethereum witnessed notable positive developments such as the creation of Ethlabs, and even the Bank of England softened its stance around stablecoins. We are nearing quarter-end for June, and it is not surprising to see ‘window dressing’ leading to investors reducing their holdings in assets which have fallen in the past 3 months,” he noted.

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

DERBY, VT / ACCESS Newswire / June 29, 2026 / Community National Bank's parent company, Community Bancorp. (NASDAQ:CMTV), today announced it has been added to the Russell 2000® Index, effective after the U.S. market closed on June 26, 2026, as part of the annual reconstitution of the Russell U.S. Indexes.

Community National Bank is a community-focused financial institution celebrating 175 years of serving Vermont and surrounding regions. In this landmark year, the bank was named to the Forbes list of America's Best-In-State-Banks 2026 as the top-rated bank in Vermont, a distinction earned for five consecutive years.

"We are honored to be included in the Russell 2000 Index for the first time, an important milestone that reflects the strength and stability of our organization," said Christopher Caldwell, President and Chief Executive Officer of Community Bancorp. and Community National Bank. "Following our recent uplisting on Nasdaq and as we celebrate 175 years of service, this recognition underscores the dedication of our employees and the trust our customers and shareholders place in us. We are proud to represent our communities on a national stage and remain focused on building long-term value."

About the Russell 2000 Index
The Russell 2000 Index measures the performance of approximately 2,000 small-cap U.S. companies and is widely regarded as a leading benchmark for the small-cap segment of the U.S. equity market. Membership in the index is determined primarily by market capitalization and is reconstituted annually.

About Community National Bank
Community National Bank is an independent bank that has been serving its communities since 1851, with retail banking offices located in Derby, Derby Line, Island Pond, Barton, Newport, Troy, St. Johnsbury, Montpelier, Barre, Lyndonville, Morrisville and Enosburg Falls as well as loan offices located in Burlington, Vermont and Lebanon, New Hampshire.

Forward-Looking Statements
This news release contains forward-looking statements that are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements about the Company's financial condition, capital status, dividend payment practices, business outlook and affairs. Although these statements are based on management's current expectations and estimates, actual conditions, results, and events may differ materially from those contemplated by such forward-looking statements, as they could be influenced by numerous factors which are unpredictable and outside the Company's control.

Factors that may cause actual results to differ materially from such statements include, among others, the following: (1) general economic or monetary conditions, either nationally or regionally, continue to decline, resulting in a deterioration in credit quality or diminished demand for the Company's products and services; (2) changes in laws or government rules, or the way in which courts interpret those laws or rules, adversely affect the financial industry generally or the Company's business in particular, or may impose additional costs and regulatory requirements; (3) interest rates change in such a way as to reduce the Company's interest margins and its funding sources; and (4) competitive pressures increase among financial services providers in the Company's northern New England market area or in the financial services industry generally, including pressures from nonbank financial service providers, from increasing consolidation and integration of financial service providers and from changes in technology and delivery systems.

These statements speak only as of the date of this news release, and the Bank does not undertake any obligation to update or revise any of these forward-looking statements to reflect events or circumstances occurring after the date of this communication or to reflect the occurrence of unanticipated events.

Contact:

Investor Relations
[email protected]

SOURCE: Community Bancorp. Inc Vermont

Key Highlights Table of Contents

Key HighlightsEthereum Treasury Reaches New MilestoneMAVAN Staking Infrastructure Drives Yield GenerationRussell 1000 Inclusion and Preferred Securities LaunchGet 3 Free Stock Ebooks BMNR shares advanced 1.80% following disclosure of 5.70M ETH token holdings.

Combined cryptocurrency, cash and marketable securities portfolio reached $9.8B.

Company controls approximately 4.7% of Ethereum’s circulating supply.

4.88M ETH tokens staked via MAVAN platform and partnered validators.

BMNR added to Russell 1000 index; preferred shares trading as BMNP.

Bitmine Immersion Technologies (BMNR) disclosed total holdings of $9.8 billion across cryptocurrency assets, cash reserves, marketable securities, and associated investments. Shares finished the session at $13.56, representing a 1.80% gain, following intraday fluctuations. The stock reached an intraday peak of $13.97 before consolidating near closing levels.

Bitmine Immersion Technologies, Inc., BMNR

Ethereum Treasury Reaches New Milestone Bitmine disclosed ownership of 5,700,040 ETH tokens as of June 28, 2026. The valuation utilized an Ethereum price point of $1,569 per token. This accumulation represents approximately 4.7% of Ethereum’s 120.7 million total circulating supply.

The accumulation strategy spanned 11 months of consistent acquisitions. Management indicated the company has achieved 94% progress toward its strategic objective of controlling 5% of ETH’s supply. In the most recent weekly period, Bitmine acquired an additional 27,084 ETH tokens.

Bitmine maintains its position as the premier Ethereum treasury corporation by disclosed reserves. The company ranks second globally among cryptocurrency treasury holders, trailing only Strategy. Strategy’s Bitcoin reserves reportedly total 847,363 BTC, approximately $50 billion in value.

MAVAN Staking Infrastructure Drives Yield Generation Bitmine disclosed 4,879,157 staked ETH across its proprietary staking infrastructure and partner validators. These staked holdings carry an estimated value of $7.7 billion. This staked portion comprises over 85% of the company’s entire Ethereum position.

The MAVAN initiative—Made in America Validator Network—serves as the company’s institutional-grade staking solution. Bitmine developed MAVAN primarily to optimize returns on its treasury holdings. The platform will eventually extend services to custodial institutions, traditional finance entities, and blockchain ecosystem participants.

Staking operations produced a 2.75% annualized seven-day yield according to company data. Management projects annual staking revenue of $211 million based on current staked positions. When operating at maximum capacity, the platform anticipates generating approximately $246 million in yearly rewards.

Russell 1000 Inclusion and Preferred Securities Launch Bitmine secured placement in the Russell 1000 Large-cap Index effective June 26, 2026. The addition occurred during the index’s annual rebalancing process. Management anticipates enhanced institutional ownership through passive investment vehicles and index-tracking exchange-traded funds.

In early June, the company successfully executed a preferred equity offering. Bitmine issued 3.5 million shares of 9.50% Series A Perpetual Preferred Stock. After underwriting fees and transaction expenses, the company received net proceeds of approximately $273.8 million.

Preferred shares commenced trading on the New York Stock Exchange under ticker symbol BMNP. Bitmine reported an additional $555 million in liquid assets and marketable securities. The broader portfolio encompasses 206 Bitcoin, equity positions in Eightco, and a $180 million investment in Beast Industries.

Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]

Ethereum treasury firm Bitmine made another ETH purchase last week, with its holdings climbing above 5.7 million ETH. BMNR stock is up today amid the announcement of this latest purchase, which also comes as the firm joins the Russell 1000 index.

Bitmine Acquires 27,084 ETH as Holdings Top 5.7 Million ETH In a press release, the firm announced that it acquired 27,084 ETH over the past week, maintaining a steady pace of accumulation throughout this year. Bitmine’s Chairman, Tom Lee, reiterated that they believe the market is in the early stages of a crypto spring and expect to reach the ‘alchemy of 5%’ sometime in 2026.

The company now holds just over 5.7 million ETH, which represent 4.7% of the ETH supply of 120.7 million ETH. Meanwhile, the Ethereum treasury firm has staked almost 4.9 million ETH, worth around $7.7 billion at current prices. The 4.9 million ETH represents 85% of the firm’s total holdings.

Tom Lee said they project annualized staking revenue of $211 million from their staked ETH. Their staking operations have generated a 7-day yield of 2.75% annualized. This development comes as the Ethereum treasury firm joins the Russell 1000.

As CoinGape reported, Bitmine joined the Russell 1000 last week as part of the annual reconstitution of the stock market index. Tom Lee noted that they expect to add hundreds, possibly thousands, of additional institutional investors as equity owners with this move.

Positive Developments Amid Market Downtrend The Bitmine chairman noted that this past week was a challenging one for crypto investors as the Ethereum price fell by 8%. However, he pointed to the fact that ETH witnessed positive developments, such as the creation of Ethlabs, while the Bank of England softened its stance around stablecoins.

“We are nearing quarter-end for June, and it is not surprising to see ‘window dressing’ leading to investors reducing their holdings in assets which have fallen in the past 3 months,” Lee said. Ethereum and the Bitmine stock have recovered today following last week’s downtrend.

ETH is approaching the psychological $1,600 level. Meanwhile, the BMNR stock is up almost 2% at the market open today, trading at around $14, according to TradingView data. However, the stock is still down over 15% in the last week.

Source: TradingView; BMNR weekly chart

CZ: I previously sent a message to Elon Musk to discuss cooperation based on X Money, and received a reply stating that X Money is currently not involved in cryptocurrency.

In an interview, CZ stated that when X Corp launched X Money, he sent a message to Elon Musk on X, inquiring whether Binance could become a partner. Musk responded that X Money is not currently venturing into the cryptocurrency space. CZ added that he hopes X will eventually evolve into a global payments platform, drawing a parallel between this opportunity and Starlink’s achievements in the internet access sector.

4 minutes ago

CZ comments on MicroStrategy: The company’s asset structure is overly complex, but he views Michael Saylor as a "steadfast Bitcoin supporter".

In an interview, CZ stated that Strategy’s preferred stock STRC structure is "too complicated", noting that "it took many attempts to understand STRC". The product relies on Bitcoin as underlying collateral, creating a structural contradiction: while Bitcoin’s long-term appreciation thesis may be valid, its volatility makes it a challenging base for leverage instruments. CZ also emphasized he is not commenting on founder Michael Saylor’s credibility, describing him as a "firm Bitcoin supporter".

4 minutes ago

CZ: Binance’s Greek MiCA license application was nearly approved, but was forced to withdraw due to external factors.

In an interview, CZ stated that Binance’s MiCA license application submitted in Greece was fully compliant with regulatory requirements and near approval before being withdrawn, but the process was interrupted by "external political intervention". He added that multiple EU countries had expressed interest in the license, leading to a degree of "competitive lobbying", yet non-regulatory factors ultimately derailed the application, forcing its withdrawal. Binance officially pulled the Greek application last week and said it will shift to other EU member states to pursue MiCA authorization. Responding to market rumors linking Binance to senior EU political figures, CZ noted he has not seen any verifiable documents, only similar claims online, and has not confirmed them. He also pointed out that the EU MiCA transition period will end on July 1, after which unlicensed platforms must cease related services, with national regulators making clear they will not extend the deadline. CZ called the outcome a "lose-lose situation" and cited Japan and Singapore’s regulatory paths as examples, emphasizing compliance processes often require longer timelines.

4 minutes ago

Kraken is set to list the Bittensor subnet Alpha token.

Barry Silbert, founder and CEO of Digital Currency Group (DCG), parent company of Grayscale, reposted on X to disclose that crypto exchange Kraken is set to list Alpha tokens from Bittensor subnets. According to leaked details, the first batch of tokens to be listed includes Chutes, Targon, Score, Ridges AI, Hippius, and others.

4 minutes ago

Trump: Will Take Immediate Action on Fed Governor Lisa Cook’s Eligibility for Her Position

US President Trump stated that in the lawsuit over the eligibility of Federal Reserve Governor Cook, the Supreme Court remanded the case to a lower court solely on procedural grounds. We will immediately take appropriate action to ensure that individuals who have engaged in misconduct do not continue to make decisions on major matters related to the well-being of the United States.

4 minutes ago

Castle Securities warns that the Federal Reserve’s policies will become more stringent.

Castle Securities stated that investors have underestimated Fed Chair Kevin Warsh’s resolve to curb inflation, warning that higher interest rates could put pressure on risk assets. The firm also cautioned that the rally in the artificial intelligence market faces growing risks, including weak demand, declining returns, and intensified political and regulatory scrutiny.

4 minutes ago

DECRYPT: Ethereum Founder Vitalik Buterin Highlights the Importance of Obfuscation in Cryptography

Blockchain analytics firm Chainalysis has published an in-depth examination of a sophisticated exploit that drained at least $7.5 million from JaredfromSubway.eth, widely regarded as Ethereum’s most active sandwich-attack operator. According to insights from Chainalysis, the incident unfolded over June 20–21, 2026, when an unknown attacker used a reverse honeypot to turn the bot’s own aggressive trading logic against it.

As explained by Chainalysis, these so-called sandwich attacks are a common maximal extractable value (MEV) tactic on Ethereum.

Bots monitor the public mempool for pending user transactions and insert their own orders around them.

They typically buy a token immediately before the victim’s purchase to push the price higher, then sell right after, profiting from the resulting slippage while the original trader receives a worse execution price.

JaredfromSubway.eth, operating pseudonymously since 2023, built one of the most successful versions of this strategy.

At its peak, the bot was among the network’s largest gas consumers and was estimated to have cost other traders roughly $60 million annually in unfavorable trades while generating tens of millions in profits for its operator.

The June exploit began weeks earlier when the attacker deployed 66 fake token contracts that closely mimicked legitimate assets such as WETH, USDC, and USDT.

These were paired with fabricated liquidity pools engineered to appear as profitable sandwich opportunities.

JaredfromSubway.eth’s bot, optimized for rapid detection of mempool activity, repeatedly interacted with the deceptive contracts.

In doing so, it granted token-spending approvals to the malicious smart contracts.

These approvals were never revoked and accumulated across multiple transactions.

Once sufficient approvals were in place, a tripwire smart contract controlled by the attacker activated.

A single coordinated transaction then swept the bot’s wallets, extracting approximately $7.5 million in Ether and stablecoins.

Chainalysis tracked the subsequent flow using its on-chain tools: the attacker quickly swapped the stablecoins for Ether to reduce freeze risk from issuers, distributed the funds across several wallets, and routed them through Tornado Cash. No recoveries have been reported.

The attack succeeded because the bot granted spending permissions to contracts it never properly vetted.

Chainalysis notes that the operator prioritized speed over basic due diligence, such as checking contract verification status on Etherscan or reviewing deployment history.

This oversight allowed the fake pools to function as an effective honeypot.

The incident carries broader lessons for DeFi participants.

Token approvals function as ongoing permissions that can remain active indefinitely unless explicitly revoked.

Many users—retail traders and automated systems alike—grant broad or unlimited spending rights to contracts they have never reviewed.

Chainalysis highlights the risks of interacting with newly deployed or unverified liquidity pools that lack an established track record.

The firm recommends regularly revoking unused approvals and exercising caution with unfamiliar contracts before approving any spending rights.

Even highly optimized MEV bots are not immune to deception when security hygiene is neglected.

The JaredfromSubway.eth case demonstrates that the same on-chain mechanisms enabling profitable trading can be weaponized by attackers who understand how these systems operate. As Chainalysis observes, protecting against such exploits requires consistent attention to approvals and contract verification, practices that apply equally to sophisticated operators and everyday DeFi users.

Bitmine Immersion Technologies (BMNR) added 27,084 ETH over the past week, bringing its total holdings to 5,700,040 coins and pushing the company to 94% of its target of owning 5% of Ethereum's circulating supply.

As of June 28, Bitmine's 5.70 million (ETH) — priced at $1,569 per coin — represents 4.7% of total ETH supply, which stands at 120.7 million coins, the company announced Monday.

Total crypto holdings, cash, marketable securities, and "moonshot" positions reached $9.8 billion, including a $180 million stake in Beast Industries, a $74 million stake in Eightco Holdings, and $555 million in cash and marketable securities, the company said.

Expand Chart

Challenging week "This past week was a challenging one for crypto investors as ETH fell by 8%, even as Ethereum witnessed notable positive developments such as the creation of Ethlabs, and even the Bank of England softened its stance around stablecoins," Chairman Tom Lee said.

Lee attributed the price weakness to quarter-end window dressing, describing it as investors reducing exposure to assets that have declined over the past three months. Bitmine's pace of accumulation slowed from the prior week, when the company acquired 52,203 ETH.

"We continue to maintain a steady pace of accumulation throughout 2026," Lee said. "We believe we are in the early stages of crypto spring. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026."

Russell 1000 inclusion On June 26, Bitmine was added to the Russell 1000 Large-cap index as part of the index's annual reconstitution.

Lee said the inclusion is expected to bring hundreds, and potentially thousands, of additional institutional investors into the stock as passive funds and ETFs — which the Investment Company Institute estimates typically hold 18% to 20% of a company's shares — rebalance to reflect the change.

Of Bitmine's 5.70 million ETH, 4,879,157 are currently staked, representing approximately $7.7 billion at the June 28 price. Annualized staking revenues are projected at $211 million, Lee said.

At full scale — when Bitmine's ETH is fully staked through MAVAN, the company's institutional-grade validator network, and its staking partners — projected annualized staking rewards rise to $246 million, based on a 2.75% seven-day yield, Lee added.

Bitmine remains the largest corporate Ethereum treasury in the world and the second-largest corporate crypto treasury overall, behind Strategy, which owns 847,363 BTC valued at approximately $50 billion, per The Block’s data.

Expand Chart

ETH was trading at approximately $1,565 at the time of publication, according to The Block's price page. BMNR shares were changing hands around $13.56 on Monday, down roughly 13% over the past week and more than 90% below their 52-week high of $161.00.

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.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In brief BitMine added another $43 million in Ethereum to its balance sheet last week, despite falling prices. The firm now holds more than 5.7 million ETH valued around $9 billion. As BitMine continued its consistent purchases, top Bitcoin treasury firm Strategy did not add to its holdings last week. Leading Ethereum treasury firm BitMine Immersion Technologies stayed consistent in the face of declining crypto prices last week, adding nearly $43 million in ETH to its stash even while top Bitcoin treasury company Strategy opted against accumulating BTC. 

The firm now holds more than 5.7 million ETH, valued around $9 billion. It also holds around 206 Bitcoin, worth $12.3 million. 

“This past week was a challenging one for crypto investors as ETH fell by 8%, even as Ethereum witnessed notable positive developments such as the creation of Ethlabs, and even the Bank of England softened its stance around stablecoins,” said BitMine Chairman Tom Lee in a statement. (Disclaimer: Lee is an investor in Decrypt parent company, Dastan).

Ethlabs, a new nonprofit research and development lab dedicated to championing the future of the Ethereum network and its native asset, is financially backed by BitMine and competing treasury firm Sharplink. 

Lee maintained that crypto's future looks bright, and said the firm “remains focused on the longer-term horizon,” highlighting tailwinds like agentic payments and institutional adoption of crypto rails. 

“We are nearing quarter-end for June, and it is not surprising to see 'window dressing' leading to investors reducing their holdings in assets which have fallen in the past three months,” he said. 

The firm’s primary treasury asset, ETH, has now fallen 22% in the last month of trading, recently trading hands at $1,567. At that mark, ETH is now 68% off its all-time high of $4,946. 

Bitcoin has performed marginally better, dipping 19% in the last month of trading and more than 52% from its all-time high of $126,080, changing hands on Monday at $59,324.

As its primary treasury vehicle slides, so too have shares in BitMine (BMNR). The firm’s stock has fallen nearly 17% in the last five trading days and more than 31% in the last month of trading, recently trading at $13.21—down about 2.6% so far Monday.

Shares are now down more than 91% from a 52-week high of $161 established shortly after the firm adopted its Ethereum treasury strategy last June. 

That crypto-amassing model was pioneered by Bitcoin giant Strategy and its co-founder and Executive Chairman Michael Saylor, who started aggressively accumulating BTC in 2020. While the firm had aggressively and consistently added BTC on a nearly weekly basis in recent years, it did not add to its holdings last week amid scrutiny of its preferred equity offering, STRC, which fell to new lows on Friday.

Instead, the firm approved plans to sell up to $1.25 billion worth of Bitcoin to build up its cash reserves to fuel dividend payments.

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TL;DR Tom Lee has linked recent crypto weakness to quarter-end “window dressing.” Bitmine added another $43 million worth of ETH, its smallest purchase since early May. The setup matters because it frames the selloff as potentially positioning-driven rather than purely fundamental. Tom Lee Sees Positioning Behind Crypto Weakness Tom Lee has pointed to quarter-end “window dressing” as a possible reason behind the latest bout of crypto weakness, arguing that some investors may be cutting losers or reducing visible exposure before the start of the second half of the year.

That explanation is useful because it gives traders a different way to read the market. When prices fall, the first instinct is often to look for a major new catalyst: bad macro data, regulatory pressure, forced selling, ETF outflows, or a breakdown in risk appetite. Sometimes those factors matter. But at the end of a quarter, flows can also become more mechanical.

Portfolio managers may clean up books. Funds may reduce positions they do not want to show. Traders may de-risk ahead of reporting periods. None of that guarantees a rebound, but it can mean that part of the selling pressure is calendar-driven rather than tied to a new long-term thesis.

Bitmine Keeps Buying ETH, But More Slowly The same update also put Bitmine back in focus after the company added another $43 million worth of Ethereum. The purchase was described as its smallest since early May, which is interesting in itself.

A smaller purchase does not mean the company has abandoned its Ethereum treasury strategy. It suggests a more measured approach while the market is choppy. That is probably the healthier read. Aggressive buying into every dip may look bold, but it can also become reckless if liquidity is weak and sentiment is deteriorating.

For Ethereum, Bitmine’s activity adds another layer to the market conversation. ETH is not just being traded as a high-beta crypto asset. It is also being accumulated by at least some corporate treasury players, even if that lane remains much smaller and less proven than Bitcoin treasury adoption.

Why Traders Should Care The key question is whether the recent weakness is a temporary positioning flush or the start of a deeper risk-off move.

If Lee is right and quarter-end behavior is a major driver, then the market could stabilize once that pressure clears. In that scenario, assets that held up reasonably well, or saw continued accumulation during the weakness, may get a cleaner read in early July.

But there is a caveat. Positioning explanations can be tempting because they make selloffs feel temporary. The market still has to prove it. ETH and broader crypto need actual demand to return, not just a story about why selling may fade.

For Bitmine, the takeaway is straightforward: the company is still adding ETH, but the smaller purchase size suggests some caution. For traders, that makes the next few sessions important. If crypto rebounds after quarter-end, Lee’s window-dressing argument will gain weight. If weakness continues, the market may be dealing with something deeper than reporting-period cleanup.

—

This article was written by the News Desk and edited by Samuel Rae.

Dogecoin (DOGE) price remains in an extended downward trend, as the broader market risk-off sentiment weighs down on DOGE derivatives. From a technical viewpoint, DOGE risks deeper corrections as bearish momentum remains dominant despite indicators flashing oversold conditions.

Broader market risk-off sentiment weighs down on DOGEBearish grip tightens over the broader crypto market with Bitcoin (BTC) struggling for direction below $60,000 and CoinMarketCap’s Fear and Greed Index around 15 on Monday, well into the “Extreme Fear” zone. CoinGlass data shows a steady decline in DOGE futures Open Interest (OI) to $957.74 million on Monday, down from $1.76 billion on May 15, suggesting a positional easing as traders derisk. 

The funding rate of around 0.0029% on Monday remains volatile and near zero, suggesting a short-term bullish bias amid a broad mixed consensus among traders. 

DOGE derivatives data. Source: CoinGlassWill DOGE hold its ground at $0.070?Dogecoin edges lower toward $0.0700 at press time on Thursday, extending a clear bearish trend for over six weeks. The 50- and 200-day Exponential Moving Averages (EMAs) at $0.0885 and $0.1111, respectively, coupled with a downward trendline near $0.0826, keep Dogecoin rallies contained.

Momentum indicators on the daily chart hint at persistent downside pressure. The Moving Average Convergence Divergence (MACD) is below its signal line in negative territory, reinforcing a bearish bias despite an oversold Relative Strength Index (RSI) near 23.

On the downside, immediate support emerges at $0.0700, with a deeper floor seen at $0.0642, where buyers would need to step in to prevent a more pronounced bearish continuation.

DOGE/USDT daily price chart.On the topside, initial resistance is at $0.0777, ahead of the former trendline break near $0.0826, as a more distant cap if recovery extends.

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

Cryptocurrency metrics FAQs The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. On the other hand, circulating supply can also be decreased via actions such as burning tokens, or mistakenly sending assets to addresses of other incompatible blockchains.

Market capitalization is the result of multiplying the circulating supply of a certain asset by the asset’s current market value.

Trading volume refers to the total number of tokens for a specific asset that has been transacted or exchanged between buyers and sellers within set trading hours, for example, 24 hours. It is used to gauge market sentiment, this metric combines all volumes on centralized exchanges and decentralized exchanges. Increasing trading volume often denotes the demand for a certain asset as more people are buying and selling the cryptocurrency.

Funding rates are a concept designed to encourage traders to take positions and ensure perpetual contract prices match spot markets. It defines a mechanism by exchanges to ensure that future prices and index prices periodic payments regularly converge. When the funding rate is positive, the price of the perpetual contract is higher than the mark price. This means traders who are bullish and have opened long positions pay traders who are in short positions. On the other hand, a negative funding rate means perpetual prices are below the mark price, and hence traders with short positions pay traders who have opened long positions.

Dogecoin has been stuck in a tight range between $0.073 and $0.076 in recent days, showing lackluster momentum and trailing behind other major altcoins. While the market continues to search for a clear direction, Dogecoin’s price has yet to break decisively out of its narrow band. Compared to its peers, Dogecoin has underperformed over the past week, and technical areas are closely monitored by short-term traders.

The narrow trade continuesOver the past 17 hours, Dogecoin has slipped 2.3 percent in value, bringing its weekly drop to 11.7 percent. This sharp decline ranks DOGE among the most notable losers in the large-cap crypto segment and highlights the heightened volatility facing the asset.

Broader cryptocurrency markets remain under pressure. With Bitcoin holding below the $60,000 level and spot Bitcoin ETF outflows reported in the US, the risk-off tone is intensifying. The US Federal Reserve’s commitment to tight monetary policy and a strengthening dollar continue to weigh on riskier assets. Bitcoin dominance has climbed to 58.2 percent, suggesting that capital is moving from higher risk altcoins like DOGE into the relative safety of Bitcoin.

On the technical front, analyst Carlos Garcia Tapia posted a chart indicating that DOGE is managing to stay above the prominent wick region around $0.07408. The preservation of the short-term ascending trendline implies that buyers are still stepping in at lower price levels to defend the zone.

In the chart shared by Carlos Garcia Tapia, Dogecoin remains above its short-term upward trendline, with buyers active in lower price bands.

Resistance and support levels in focusThe first significant resistance is set at $0.0759. Should Dogecoin break this level, the $0.0783 to $0.0784 region could quickly come into play. Beyond this resistance band, further upside targets are $0.0803, followed by $0.0850 and $0.0876.

LevelType$0.073Critical support$0.072Lower support$0.0759First resistance$0.0783 to $0.0784Next resistance zone$0.0803Additional targetRising open interest raises volatility risksA chart shared by analyst CW shows open interest is rising noticeably even as the price remains flat. This suggests increasing uncertainty and raises the likelihood of a sharper price swing ahead. With a buildup in crowded long positions, breaking through resistance could spark strong upward momentum. However, if Dogecoin continues to move sideways or dips further, liquidation pressure on these leveraged positions could mount.

Mini glossary: Open interest is the total number of outstanding contracts in futures that have not yet been settled. When open interest rises while the price remains stagnant, it signals a buildup of leveraged bets and increased risk of a sudden market move.

Ali Charts has also pointed out that the TD Sequential indicator is flashing a buy signal for Dogecoin. The analyst is focused on the $0.073 threshold as the key level. If DOGE can maintain this support, a move back toward $0.081 could become the next target. However, losing this support would weaken the technical setup.

Ali Charts emphasized that holding the $0.073 level could open a path toward $0.081, while a breakdown below it would undermine the current technical outlook.

On the fundamental side, Dogecoin’s official account addressed claims that the project lacked active development resources. The team highlighted the presence of a dedicated core developer group and ongoing ecosystem efforts. Dogecoin, launched in 2013, remains one of the prominent cryptocurrencies with strong community backing.

There is no specific negative Dogecoin-only event behind the latest price dip. The retreat is mostly attributed to broader macroeconomic pressures that have weighed on the cryptocurrency market. During this downtrend, $0.072 stands out as an additional support zone; dipping below this point could exacerbate pressure on outstanding long positions.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Dogecoin (DOGE) price has dropped by 30% between June 1 and June 29, and two analysts now suggest that this drop might lead to Dogecoin reaching a local bottom in July 2026.

Dogecoin price was down by 0.28% today, June 29, to trade at $0.073 at the time of writing, with $548 million in volumes per CoinMarketCap data.

Analysts Reveal Dogecoin’s Bottom Signals After Recent Crash Analyst Crypto GVR on X notes that the price of Dogecoin is on the verge of reversing from a downtrend to an uptrend after dropping to the range between $0.06 and $0.08.

In an X post, the analyst observed that Dogecoin’s drop to $0.06 would complete a double-bottom pattern that might pave the way for an upward move to between $0.15 and $0.20.

Analyst Krisspax shares the same outlook on Dogecoin price, saying that the price has dropped to test the support at the June 5 low of $0.70 and formed a double bottom pattern.

Dogecoin Price Chart (Source: X) The bullish outlook towards Dogecoin shared by the two analysts comes as Grayscale also revealed that Bitcoin has bottomed after dropping by 50% from $125,000 in October to $60,000 in June 2026.

If Bitcoin has indeed bottomed as Grayscale forecasts, Dogecoin, which usually mimics BTC’s price movements, might also start to rise just like analysts Crypto GVR and Krisspax forecast.

Key Support and Resistance Levels to Watch in Dogecoin Price in July The bullish outlook on Dogecoin by analysts saying that it has bottomed suggests that it has to defend the support level at $0.058 for the trend to reverse from a downtrend to an uptrend.

The last time that Dogecoin traded at this support level of $0.058 was in October 2023, and the price later gained by 82% to reach $0.106 in December 2023.

If buyers start to accumulate DOGE at this support level like they did in 2023, the journey upwards faces the first obstacle at $0.078.

Dogecoin dropped below $0.078 on June 28, and the price now needs to make three straight closes above this obstacle to confirm that bulls have a good grip.

The upward trend that could ensue after Dogecoin clears the hurdle at $0.078 will face the next test at the psychological resistance level of $0.10. Moving past this hurdle in July could support a bullish long-term Dogecoin price forecast.

DOGE/USDT Chart (Source: TradingView) The RSI reading of 31 suggests that the momentum is still favoring bears. This RSI reading might keep dropping like it did in June 2022 and reach 28. Until this RSI drops to 28, sellers remain in control, and Dogecoin price might drop to $0.06.

Leverage Flush Supports Dogecoin’s Bottom Signal as OI Drops Below $1B Data from Coinglass shows that more than $130 million worth of long positions have been wiped out from the Dogecoin market between June 1 and June 29.

Dogecoin’s open interest has also dropped from $1.7 billion in May 2026 to $960 billion in June 2026, suggesting that most traders who have been flushed out through liquidations are not opening new positions.

Dogecoin Open Interest Kalshi also launched Dogecoin perpetual futures on June 24, and data from the platform shows that there is very little demand for the products.

The DOGE perpetuals have seen $150,000 in volumes per Kalshi data, which is even lower than SHIB’s volumes of $791 million.

This flush and the falling perpetual volumes create room for Dogecoin price to recover because it reduces the amount of DOGE that long buyers sell whenever DOGE drops.

Cardano (ADA) has come under scrutiny as its price continues to fall, dropping below the $0.15 mark.

The decline has drawn criticism from market commentators, who argue that the token has become another example of the boom-and-bust cycles that have affected many altcoins since the 2021 bull market.

Cardano Drops to Multi-Year Lows Bitcoin author Duo Nine shared a long-term monthly ADA chart on X showing Cardano falling from its 2021 peak above $3 to around $0.14 in late June 2026.

The post carried the caption: “This is the Cardano chart. Now under 15 cents. RIP holders.”

The chart highlighted a familiar pattern. Massive price rallies during the bull market were followed by extended declines, while rebounds in 2024 and 2025 failed to produce a lasting recovery.

ADA currently trades at $0.1439. It is down 40% over the past month and 74% over the past year. The token has now fallen about 95.36% from its 2021 all-time high of roughly $3.10.

The decline has also hurt Cardano’s position in the crypto rankings. ADA was once among the top 10 cryptocurrencies by market capitalization and remained there until just a few months ago. It has now fallen to 18th place.

Many Altcoins Follow the Same Pattern Analyst Ted Pillows also weighed in, sharing a video comparing the monthly and weekly charts of Cardano, Polygon, Decentraland, The Sandbox, Gala, and Filecoin. The caption simply asked:

“Did we learn our lesson?”

The charts showed a similar pattern across many former market favorites. Prices surged during the last bull market before entering steep, multi-year declines.

Ted Pillows suggested that this recurring cycle highlights the risks of chasing speculative altcoins during periods of market euphoria. He contrasted their long-term performance with relatively stronger assets such as Bitcoin.

Former Market Leaders Remain More Than 95% Below Their Peaks Polygon (MATIC), once considered one of Ethereum’s leading scaling solutions, now trades around $0.07166. It is down 22% over the past month and 60% over the past year. The token also remains about 95% below its 2021 all-time high of roughly $1.29.

The metaverse sector has performed even worse.

Decentraland (MANA) trades near $0.06369. It has lost 26% over the past month and 75% over the past year. The token is now about 99% below its 2021 peak of nearly $5.90.

MANA Chart CoinMarketCap The Sandbox (SAND) has fallen 33% over the past month and 81% over the past year. It now trades roughly 99.45% below its all-time high of $8.44.

Gaming token Gala (GALA) has also extended its long decline. At $0.002273, it is down 27% over the past month and 84% over the past year. The token now sits about 99.73% below its record high of $0.8367.

Meanwhile, Filecoin (FIL) trades around $0.7168. It has dropped 27% over the past month and 69% over the past year. FIL remains roughly 99.7% below its all-time high of about $237.

Overall, the altcoins that dominated the 2021 bull market appear to have permanently lost much of their momentum.

Bitcoin Holds Up Better Than Most Altcoins Bitcoin has not escaped the market downturn. It currently trades around $59,823, down 18.5% over the past month and 45% over the past year. It also remains about 52.63% below its all-time high of $126,198, reached last year.

Even so, Bitcoin has significantly outperformed many former leading altcoins, most of which remain down between 95% and 99% from their peaks.

That contrast has reinforced the view among many in the crypto community that Bitcoin is the only worthwhile long-term investment, while most altcoins ultimately trend toward zero.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Cardano (ADA) whales increased their holdings in late June even as on-chain activity cooled. Wallets in the 10 million to 100 million ADA range lifted their share of supply while transactions and smart contract use fell to multi-week lows.

The accumulation arrives during a heavy upgrade cycle for the network. It also lands as ADA trades near multi-year lows, leaving a clear split between large-holder behavior and broader user activity.

Whales Add ADA as Price Sits Near LowsADA traded near $0.15 on June 29, down about 8% on the week and roughly 38% over 30 days. The token ranks 21st by market value at about $5.4 billion, sitting near multi-year lows.

Cardano Price Action: BeInCryptoSantiment data shows wallets holding 10 million to 100 million ADA raised their share of supply from 37.66% on June 25 to 38.13%. That cohort kept adding tokens as the month closed.

10M to 100M ADA Wallets, May 28 to June 29: SantimentThe shift marks a turn after days of choppy holdings.

Separate on-chain data points the same way. Outputs above 1 million ADA spiked on June 21 and again on June 24, when the count of distinct large wallets reached a 45-day high. Separate on-chain data points the same way. Outputs above 1 million ADA spiked on June 21 and again on June 24, when the count of distinct large wallets reached a 45-day high.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Last 24 hours have also seen a surge, comparable to the whale holding pattern.

Daily Whale-Sized ADA inflows: Dune AnalyticsLarge inflows can include exchange and internal movements. They signal positioning rather than confirmed buying.

Network Activity Tells a Different StoryWhile whales added size, general usage moved the other way. Daily transactions fell to about 17,400 on June 28, near the lowest level in 45 days.

Smart contract transactions dropped to roughly 4,250 that day. That was the weakest reading in the period, down from about 26,000 at a June 5 peak.

The share of transactions touching a smart contract slid to about 24%. It had run between 40% and 45% in late May. Network fees fell in step, near 5,100 ADA against about 23,000 ADA at the June high. In short, real demand to use Cardano is cooling, not building.

Cardano Network Activity: Dune AnalyticsLarge holders have a mixed record here. One cohort sold into rallies earlier this cycle, and others offloaded after a fork.

Two upgrades sit behind the sudden whale interest. Both target old complaints about speed and cost on Cardano.

The first is Ouroboros Leios. It lets the network process transactions in parallel rather than one batch at a time. The goal is to lift capacity from about 10 transactions per second toward 1,000.

Leios is not live for users yet. A test version called Musashi Dojo opened on June 23 for developers to trial. A full mainnet launch is targeted for around November 2026.

The second is the van Rossem upgrade, also known as Protocol Version 11. It rewrites the cost rules for smart contracts so they become cheaper to run.

Van Rossem is not automatic either. The community must approve it through an on-chain vote. June 28 was the earliest possible start date, with July dates as backups if the vote ran long. That timing matters for any longer-term ADA outlook.

So neither change has reached everyday users yet. Whales appear to be buying the promise of the upgrades, not their results.

Why the Accumulation Stands OutThis is where the Cardano whale buying and the weak network meet. Large wallets are adding ADA while ordinary use, smart contract activity, and fees all sit at 45-day lows.

That gap only makes sense as a forward bet. Whales seem to be positioning before the upgrades land, not because the chain is busy today. The pattern sits against soft ADA price action.

The next move is the real test. If Leios and van Rossem pull activity back on-chain, the early buyers, the Cardano whales, look smart. If usage stays soft, the accumulation looks like a wager the wider market is happy to fade.

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SummaryAcadia Pharmaceuticals demonstrates steady commercial growth with Nuplazid and Daybue, supported by a recent positive CHMP opinion for Daybue in Europe.Remlifanserin's upcoming phase 2 readout in Alzheimer's disease psychosis is a high-risk, high-reward catalyst not priced into ACAD's current valuation.I maintain a bullish outlook on ACAD based on commercial products Nuplazid and Daybue, but above-average returns depend on pipeline or business development success.ACAD's valuation remains below the combined Nuplazid and Daybue value, with $851M cash and positive cash flows supporting future pipeline expansion.Looking for more investing ideas like this one? Get them exclusively at Growth Stock Forum. Learn More »Sitewide Sale 2026: Get 20% Off BeritK/iStock via Getty Images

It has been more than a year since I last wrote about Acadia Pharmaceuticals (ACAD). Since then, we saw the failure of ACP-101 in Prader-Willi syndrome, which I wrote was a realistic possibility

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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

One company value investors might notice is Visteon (VC - Free Report) . VC is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 13.69, which compares to its industry's average of 19.09. Over the last 12 months, VC's Forward P/E has been as high as 14.33 and as low as 8.02, with a median of 10.34.

Another notable valuation metric for VC is its P/B ratio of 2.27. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 4.27. VC's P/B has been as high as 2.34 and as low as 1.31, with a median of 1.87, over the past year.

These are only a few of the key metrics included in Visteon's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, VC looks like an impressive value stock at the moment.