Track market-moving stories before they get noisy

Nvidia (NVDA 1.42%) makes the chips behind most of the artificial intelligence (AI) build-out, and the payoff for its shareholders has been enormous. But lately a new worry has surfaced: What if AI spending is near its peak? That question has pushed the stock down about 18% from its mid-May high as of this writing, even as Nvidia's business keeps accelerating.

Given this backdrop, it's a good time to tune out the near-term noise and focus on the long-term. So, where could the stock realistically be in 2030?

Unfortunately, the possible outcomes are wide -- not just because of the unpredictable nature of its business in a fast-changing industry, but also because of its stock's premium valuation. Nvidia could keep executing at full speed and still deliver only ordinary returns to investors from here. Or AI spending could prove more durable than skeptics expect, letting the company grow into and beyond today's price.

Both outcomes are plausible.

Image source: Nvidia.

The bull case: demand is still booming Demand certainly isn't a problem. And this is great news for investors, because the entire bull case rests on it.

Nvidia's most recent quarter showed no sign of a slowdown. In its fiscal first quarter of 2027 (the period ended April 26, 2026), revenue rose 85% year over year to $81.6 billion, and its AI-focused data center segment grew 92% to $75.2 billion.

Additionally, management guided for about $91 billion in revenue for fiscal Q2.

"The buildout of AI factories -- the largest infrastructure expansion in human history -- is accelerating at extraordinary speed," said Nvidia founder and CEO Jensen Huang in the company's fiscal first-quarter earnings release.

The spending behind that demand is staggering. Amazon, Microsoft, Alphabet, and Meta Platforms are together on track to spend about $725 billion on capital projects in 2026 -- up about 77% from last year, with most of it pointed at AI infrastructure.

Of course, not all of those dollars flow to Nvidia. But graphics processing units (GPUs) remain a central piece of the build-out, and Nvidia still supplies the large majority of them.

A fresh product cycle is coming, too. Nvidia's next-generation Vera Rubin platform is due from partners in the second half of 2026. If this build-out turns out to be a multiyear shift rather than a one-time surge, Nvidia can keep growing well into 2030.

Today's Change

(

-1.42

%) $

-2.77

Current Price

$

192.97

The bear case: a peak, and rising competition But here is where the bears have a point worth taking seriously.

That $725 billion is increasingly funded with debt (and, in some cases, equity, which dilutes shareholders), and free cash flow is under pressure and, for some of these customers, may even turn negative as they spend. So, spending at this pace may not keep accelerating, and when it slows, Nvidia's growth would likely slow with it.

The chip business has always moved in cycles, and there's little reason to think this one won't.

Competition is the other pressure point.

Nvidia's biggest customers are also its emerging rivals. Alphabet, Amazon, Microsoft, and Meta are all designing in-house chips to cut their dependence on Nvidia and lower the cost of AI computing -- and Amazon- and Google-built silicon already powers large workloads at AI developers like Anthropic. Advanced Micro Devices is pushing its own accelerators as well.

Of course, Nvidia is still the dominant player. But over several years, credible alternatives could erode its pricing power -- and Nvidia's roughly 75% gross margin sits far above a typical chipmaker's. If that margin narrows while growth cools, Nvidia's financial results could disappoint on two fronts at once.

The one thing working in the stock's favor is that the valuation has already come down. Nvidia trades at about 30 times earnings -- well below the 40-plus multiple it carried for much of the past two years. Clearly, there's some unease about when the cycle may peak already priced into the stock.

So, where does that leave the stock in 2030?

Nvidia is very likely to be a larger and more profitable business by then. But the range of outcomes for the stock is unusually wide. If the build-out keeps running and margins hold, the shares could compound at a high-single-digit to low-double-digit annual rate -- which from about $193 today would put them somewhere in the high-$200s to low-$300s by 2030. If AI spending peaks within a year or two and competition softens pricing, the stock could spend years going nowhere, even as revenue grows.

Given the stock's more reasonable valuation multiple today and the extraordinary underlying business momentum, I'm personally leaning modestly toward the optimistic side of that range.

Qualcomm unveiled major AI infrastructure products and raised non-handset FY29 revenue targets to $40B, signaling a transformative growth phase. The wireless chip company raised its non-handset FY29 revenue target to $40B, with $15B+ from Data Center contracts with hyperscalers and Automotive guidance up 25% to $10B. Management targets FY29 EPS above $18 and envisions scaling total revenue toward $100B, while maintaining robust free cash flow and capital return flexibility.

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS) earlier this week discussed its Q4 and full-year 2026 financial results with Proactive, outlining record revenue growth, improving margins and a clearer path toward profitability as recent acquisitions begin to contribute to performance.

Chief executive Evan Gappelberg said the latest results reflected several years of operational restructuring and strategic repositioning.

He indicated that the company had focused on rebuilding its business model, improving execution and establishing itself as a high-growth, high-margin participant in the AI-powered event technology market.

A standout metric was fourth-quarter revenue growth of 216% year-over-year. According to management, the company generated nearly $1 million in revenue during the quarter, almost matching the revenue produced during the previous three quarters combined.

Gappelberg described the result as a significant milestone, stating: "So in one quarter, we did almost what we did in the prior three quarters in revenue for Q4 2026. So that's a very big signal to investors that, hey, you know, it's showtime."

Chief financial officer Anum Waqas attributed the growth to stronger sales execution, contributions from the Eventdex and Kratylabs acquisitions, and increased demand for the company's software offerings. Waqas said the benefits of integrating technologies and customer relationships were beginning to emerge and suggested there remained meaningful upside as those integrations progress.

Profitability metrics also moved in a positive direction. Waqas reported software margins above 90%, lower costs of sales and substantial operational efficiencies. The company reduced overhead, streamlined teams and increased its use of AI and automation across the organization.

Operating losses improved by approximately 80% for the full year and by approximately 96% in the fourth quarter, according to management. Waqas said these trends provided a clearer view of the company's future financial trajectory, adding that increasing revenue should allow more earnings to flow to the bottom line.

Gappelberg further highlighted reduced accounts payable, lower operating losses and what he described as exceptionally strong gross margins. He suggested that, excluding certain one-time charges, the company would be cash-flow positive and that profitability could be achieved in the foreseeable future.

Looking ahead, management identified continued integration of recent acquisitions, sustained revenue growth and expanding software adoption as key catalysts. Gappelberg also pointed to growing investor interest in the event technology sector, citing recent multibillion-dollar transactions involving BlackRock and Apollo as evidence of increasing industry momentum.

The executives expressed confidence that the company's operational improvements and market positioning could support continued growth into 2027.

Varon Corp (OTCID:OZSC) CEO Benjamin Schubert talked with Proactive about two significant developments for the company's Ballislife Hydro sports drink brand: the addition of youth basketball standout Egypt Dean as a partner and owner in the brand, and the continued retail expansion of the product across Central Florida.

Schubert discussed how Egypt Dean, the son of Alicia Keys and Swizz Beatz, developed an organic relationship with Ballislife Hydro before deciding to become involved as an investor and partner. According to Schubert, Dean's interest in the brand came after he personally used the product and conducted extensive research into the business opportunity.

The interview also covered Ballislife Hydro's retail growth, with the product now available in 95 retail locations across Central Florida. Schubert described the rollout as part of a broader strategic expansion plan and highlighted the importance of the Florida market for a hydration-focused product. He also noted the involvement of NBA player and equity partner Desmond Bane in supporting the brand's visibility as it enters the region.

Schubert explained that the Florida launch serves as an important foundation for gathering consumer insights, strengthening distributor relationships, and creating opportunities for further retail expansion in the future.

Proactive: Welcome back inside our Proactive newsroom. Joining me today is Benjamin Schubert, CEO of Varon Corp (OTCID:OZSC). A couple of pieces of news to discuss. First, Ballislife Hydro has attracted a notable young investor and partner. Tell us about that development.

Benjamin Schubert: We're very excited to announce that Egypt Dean is now a partner and owner in the Ballislife sports drink brand. He had an organic relationship with the brand from the beginning. We had followed him on our platforms as a rising youth basketball player, he got his hands on the product, became interested, and conversations developed from there. With support from his family, he decided to get involved with the brand.

Egypt Dean is the son of Alicia Keys and Swizz Beatz. Despite being only 15 years old, he appears to be very focused on business and investments.

I met him a few months ago during one of our photo shoots and was genuinely surprised when I later learned he was only 15. He's very intelligent and conducts thorough due diligence. He has passed on other opportunities and chose to invest in the sports drink. He has a strong support system and a genuine connection to basketball. This opportunity allows him to stay involved with the sport while also exploring the business side.

He seems to fit perfectly within the target demographic for Ballislife Hydro.

That's exactly right. Staying connected to younger consumers is important for us. Because Ballislife Hydro focuses on hydration, health and wellness, we can market to younger demographics in a way that energy drink brands often cannot. Egypt understands youth culture, trends, language and consumer interests. His perspective gives us direct insight into the audience we're serving.

His family is very well known. How involved have they been in the process?

They've been supportive throughout. It's important to emphasize that this was Egypt's decision and his project. However, having the support and network that comes with his family background creates exciting opportunities. We've already seen the benefits of those connections and expect more opportunities moving forward.

Let's move to your second announcement. Ballislife Hydro is now available in 95 retail locations across Central Florida.

Yes, this is part of a carefully planned rollout strategy. This is one of several regions we've entered with this retailer. Florida is a very important market for a hydration product because of the climate. We're also leveraging our relationship with NBA equity partner Desmond Bane, who now plays for the Orlando Magic. His signature can is rolling out in stores, which we're very excited about.

The 95-store launch is a strong start. Is expansion expected from here?

Absolutely. This rollout provides valuable analytics about consumers, product preferences, flavours and packaging. It also creates opportunities for larger discussions with distributors and retailers. This is an anchor account that helps us establish a presence in the market. As we demonstrate success, it becomes much easier to expand into hundreds of additional locations.

Congratulations on both announcements. Thanks for your time today.

Thank you. I appreciate it.

Quotes have been lightly edited for style and clarity

Jefferies' Christopher Wood flags a "DeepSeek moment" as cheaper Chinese models gain ground on Western incumbents

The launch of a low-cost Chinese artificial intelligence model has been described by Jefferies strategist Christopher Wood as another "DeepSeek moment" for the technology sector.

Wood, author of the bank's widely read Greed & fear note, said the GLM-5.2 model from Hong Kong-listed Z.ai, formerly Zhipu AI, was almost a match for Anthropic in the corporate market at a quarter of the cost per token.

The challenge lands as Anthropic, the US AI developer behind the Claude chatbot, prepares for a planned stock market listing.

Anthropic's annualised run-rate revenue has surged from $9 billion at the end of 2025 to $47 billion in May, growth Wood expects to slow as companies push back against heavy token consumption.

He argued the threat was greater still for rival OpenAI (Unlisted:OPAI), which has already lost ground to Anthropic among corporate customers and is also weighing a listing.

Cheaper Chinese models are already gaining share, with the top Chinese systems processing 21.37 trillion tokens on the OpenRouter aggregator platform in the week to 21 June, up from 4.37 trillion in late April, against 5.76 trillion for the leading US models.

Wood sees the shift reinforcing a view that large language models will become commoditised, while giving companies an incentive to move smaller models onto their own servers to protect data.

Despite the competitive pressure on the model developers, Wood remains positive on the "picks and shovels" suppliers that have driven AI-related stock gains, citing the Jevons paradox, under which cheaper tokens spur greater overall demand for computing power and memory chips.

He named memory makers as the principal beneficiaries, arguing SK Hynix, Samsung Electronics Co Ltd (ADR) (LSE:BC94) and Micron Technology Inc (NASDAQ:MU) should now be valued on earnings rather than book value, and still looked cheap on that measure.

Wood said he was raising exposure to technology hardware across the Greed & fear portfolios, adding Hynix and Kioxia to the global long-only portfolio while removing Alphabet Inc (NASDAQ:GOOG) and Alibaba.

The main risk to the wider trade, he said, was a sudden realisation among investors that hyperscalers and the leading AI developers cannot earn an adequate return on their spending, a fear compounded by circular financing arrangements such as Nvidia funding OpenAI's chip purchases.

For now, Wood said, such concerns remained theoretical, with no sign yet of the AI capital spending race slowing.

Other stocks that are of interest:

Microsoft Corp (NASDAQ:MSFT)

Oracle Corp (NYSE:ORCL, XETRA:ORC)

Amazon.com Inc (NASDAQ:AMZN)

Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB)

Salesforce Inc (NYSE:CRM, XETRA:FOO)

Workday Inc (NASDAQ:WDAY)

Booking Holdings (BKNG) is down 15% YTD, mainly due to AI disruption fears, but I see these risks as potentially priced in. BKNG's ecosystem remains vital for tourism and agentic AI, as listings are still essential for bookings regardless of AI advances. At 17x forward P/E, BKNG trades at a 9% premium to peers, yet I believe its strong fundamentals and consistency justify a higher premium.

Listen to the audio version of this article (generated by AI).

Editor’s Note: Micron just posted one of the most extraordinary earnings reports in semiconductor history. Revenue more than quadrupled. Earnings skyrocketed 1,215%, and management’s guidance implies the memory boom is just getting started.

Most investors are focused on what that means for Micron. My friend and colleague Louis Navellier — who recently recorded a presentation focused on uncovering where the smart money is moving next — is on the hunt for the next great investment opportunities.

Louis has spent five decades finding where institutional money moves before the rest of the market catches on. Today he explains why Micron’s blowout quarter is actually a signal about the next bottleneck in AI — and how his system is already tracking the names that could benefit before Wall Street figures it out.

Read on for all the details.

In 1909, Theodore Roosevelt left the White House and set out for East Africa.

He was not going there as a tourist.

Roosevelt, his son Kermit and a team of naturalists were traveling on behalf of the Smithsonian Institution. Much of the journey came down to one difficult task:

Tracking elephants.

In the thick African brush, you don’t just wait for an elephant to step into view. By then, it might already be too late.

You had to look for signs: Fresh tracks in the mud. Broken branches. Disturbed grass. A path through the brush that told you something enormous had passed through before you ever saw it.

That is how I think about stocks.

I am not interested in waiting until the whole world can see the elephant. By then, Wall Street has usually figured out the story. The headlines are everywhere. The crowd has shown up. And a lot of the easy money has already been made.

That brings me to Micron Technology, Inc. (MU).

Micron is no longer hiding in the brush. The stock is up 325% year-to-date and 853% over the past year. It became a $1 trillion market cap company last month. And after this week’s blowout earnings report, it is quickly becoming one of Wall Street’s favorite AI stocks.

That did not happen by accident.

It happened because Micron is helping solve one of the biggest problems in artificial intelligence today: The memory bottleneck.

So, in today’s Market 360, we’ll dig into Micron’s blowout quarter, discuss why it matters and then talk about how my system is already helping me find winners from the next phase of the AI boom before the crowd catches on.

Micron Crushed Wall Street’s Expectations. Here’s What the Numbers Actually Mean. For the past few years, NVIDIA Corporation (NVDA) has been the grand finale of earnings season. But now, I believe Micron has taken that role.

Here’s why.

NVIDIA tells us how strong demand is for GPUs, the chips that power today’s AI systems. But Micron tells us whether those systems can get the memory they need to keep running at full speed.

Micron is one of the world’s largest makers of memory and storage chips. In plain English, its chips help computers and data centers store information, access it quickly and move it where it needs to go.

That may not sound as exciting as a cutting-edge GPU. But without memory, those GPUs cannot do their job.

Think of it like this: A GPU is the engine in a race car. Memory is the fuel line. You can build the most powerful engine in the world. But if the fuel line cannot deliver enough fuel, the engine cannot run at full speed.

That is the bottleneck AI is running into now. AI models are getting bigger. More companies are using AI in the real world. Data centers are being pushed harder. And all of that creates a need for faster, more advanced memory.

That is why Micron’s results matter so much.

The stock surged out of the gates Thursday morning after releasing blowout results for its third quarter in fiscal year 2026. Revenue jumped 73.8% year-over-year to $41.46 billion, while earnings surged a whopping 1,223.1% year-over-year to $28.86 billion, or $25.11 per share.

Wall Street was already expecting a strong quarter. The consensus estimate called for earnings of $20.71 per share on $35.82 billion in revenue. So, Micron posted a 21.2% earnings surprise and a 15.7% revenue surprise.

Micron also issued a stronger-than-expected outlook. For the fourth quarter in fiscal year 2026, the company expects total revenue of about $50 billion and earnings of about $31 per share. That would represent 342% year-over-year revenue growth and 923.1% year-over-year earnings growth.

That tells me this memory boom still has legs.

And management made clear why. The company noted, “Micron’s record fiscal third-quarter financial results and even stronger outlook for the fourth quarter reflect the strategic value of memory in the AI era.”

That last phrase is the key: The strategic value of memory in the AI era.

For years, memory chips were treated like a cyclical commodity business. Important? Yes. Exciting? Not really.

But AI has changed that. Today, memory is becoming one of the most important pressure points in the entire AI buildout. And Micron is standing right in the middle of it.

Is Micron Stock Still Worth Buying After a 325% Run? Now, I know what some folks are thinking: Can a stock be up this much and still be attractive?

That is a fair question.

For decades, memory was a brutally cyclical business. That’s why, just before announcing earnings, Micron traded at just nine times forward earnings. That is far below Western Digital Corporation (WDC) and Seagate Technology Holdings plc (STX), which both trade at more than 36 times forward earnings.

The bears say that discount makes sense. They argue that memory is still memory, and this cycle will eventually turn.

I understand that argument, but there is a real case that this time is different.

Instead of short bursts of demand tied to PCs and smartphones, Micron is now tied to the ongoing buildout of AI data centers. And those data centers need massive amounts of high-performance memory.

Micron’s long-term supply agreements support that idea. MarketWatch reported that Micron has signed 16 strategic customer agreements, and 14 of them include pricing that represents about $100 billion in cumulative revenue, minimum.

That kind of visibility is something memory companies didn’t always have. So, there is a strong argument that this run may not be over yet.

The AI Crowding Trap — and Why Micron’s Popularity Is the Warning Sign That said, I have been around long enough to know what happens when a trade gets too crowded.

The more popular a stock becomes, the more crowded it can get. And in today’s market, crowding can happen faster than ever.

That is because millions of investors are now leaning on the same AI tools, the same AI-generated research, the same model portfolios and the same automated trading systems. So, when a stock becomes the obvious AI winner, the crowd can pile in all at once.

That can feel good for a while. It can push a stock higher. It can make everyone feel like they are on the right side of the trade.

But it can also create a dangerous setup.

When retail investors and AI-driven systems rush into the same obvious names, institutional investors often get the liquidity they need to sell into that demand. In other words, the crowd may be buying just as the smart money is quietly moving on.

That is the trap I want to help my readers avoid.

Again, Micron is a great company. I still like it. But the bigger lesson is that by the time a stock becomes obvious to everyone, the elephants of Wall Street may already be looking for the next opportunity.

That is why I do not want to chase the crowd. I want to look for the fresh tracks.

That is what my Precursor Intelligence (P.I.) system is designed to do.

P.I. is my way of looking for fresh tracks in the numbers. It helps me find companies with accelerating fundamentals and improving money flow before they become the obvious names every AI tool is recommending.

In my Accelerated Profits service, we have already seen this approach lead us to several powerful winners in the AI space, including:

Celestica, Inc. (CLS): +836% Sezzle (SEZL): +625% TechnipFMC plc (FTI): +254% And more… These are the kinds of gains that can happen when you find the fresh tracks early, before the elephant steps into the clearing.

To further explain how my P.I. system works, I recorded a special presentation. I also discuss why AI-powered crowding could become a serious risk for investors and where I believe the smart money is moving next.

I also reveal several stocks my system is flagging right now.

You can click here to watch it now.

Bloom Energy (BE) is rated a buy after a 28% drawdown, attributed mainly to mechanical selling from Russell index reconstitution. BE reported Q1 non-GAAP EPS of $0.44 (vs. $0.13 consensus) and revenue up 130% YoY, prompting raised FY 2026 guidance. Management now guides for $3.4–$3.8B FY 2026 revenue, 34% gross margin, and $600–$750M operating income, with strong operating leverage and positive free cash flow.

Yuma, a Digital Currency Group-backed investment company, has launched a fund that gives institutional investors diversified exposure to the Bittensor ecosystem, as asset managers expand investment products tied to decentralized AI.

According to a Thursday announcement, the Yuma Total Market Fund provides exposure to Bittensor’s native TAO token and a basket of AI-focused subnets through a single investment vehicle. The strategy is intended to simplify access to the broader Bittensor ecosystem without requiring investors to select individual subnet tokens.

The fund launched with seed capital from an undisclosed anchor investor.

Bittensor is a decentralized network that supports the development of AI infrastructure and applications through specialized subnets spanning areas such as compute, marketplaces and identity. According to Yuma, the network's 128 subnets represent more than $900 million in combined value. However, data from network tracker Taostats shows a combined subnet value closer to $300 million.

TAO, the native token of the Bittensor ecosystem, has a market capitalization of nearly $2.4 billion. Source: CoinMarketCap

Institutional interest in the Bittensor ecosystem has grown alongside the network’s expanding subnet economy. In April, Grayscale increased TAO’s weighting in its Grayscale Decentralized AI Fund to 43% during the fund’s quarterly rebalance. TAO’s allocation has since fallen to about 20%, with Near Protocol's NEAR now comprising the fund’s largest holding at roughly 44%.

Asset managers are also seeking to broaden investor access to TAO. Bitwise filed for a TAO Strategy ETF with the US Securities and Exchange Commission (SEC) in April, while Grayscale submitted an amended registration statement to convert its existing Bittensor Trust into a spot TAO exchange-traded fund that would list on NYSE Arca if approved.

Grayscale Bittensor Trust (TAO) application with the SEC. Source: SEC

Anthropic restrictions renew focus on decentralized AIThe case for decentralized AI, which distributes AI infrastructure and computing across blockchain-based networks rather than relying on a single provider, gained renewed attention after the US Commerce Department suspended public access to Anthropic’s Fable 5 and Mythos 5 models over national security and export control concerns.

At the time, Grayscale head of research Zach Pandl said the restrictions underscored the risks of relying on centralized AI providers. The government order limiting access to Anthropic’s Fable 5 and Mythos 5 “highlights the risks of centralized control of AI,” Pandl said. “We expect demand for decentralized AI, like Bittensor and its TAO token, to rise as investors seek alternatives.”

The restrictions appear to be easing. The Commerce Department restored access to Mythos 5 on Friday, and Axios reported Saturday that the Trump administration is expected to allow Anthropic to resume public access to Fable 5 as soon as next week.

Magazine: How AI just dramatically sped up the quantum risk for Bitcoin

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.

If you were in New York City between April 27 and May 1, 2026, and if you happened to be where the sky was in plain view, then you might have seen a bright spot hovering like a helicopter, but quietly like no helicopter can. That bright spot was an electric vertical takeoff and landing (eVTOL) aircraft, and the company behind this demonstration was Joby Aviation (JOBY 0.45%).

This flight -- the first of its kind in the Big Apple -- was a bright spot in another way: It showed, foremost, that Joby's aviation prowess is paying off, and that the next chapter of flight might come sooner than many people were expecting. It also gave Joby investors something new to hang their hats on, since commercialization of these electric air taxis is likely still a few years away.

Joby Aviation stock has been in the gutter this year, with shares down about 35% since January. Yet if the NYC demonstration was the first of a new kind of flight, a tenfold gain over the next decade could be coming. Here's how.

Today's Change

(

-0.45

%) $

-0.04

Current Price

$

8.83

What a mature Joby business could look like Joby is trying to build flying taxis. That wording is less figurative than you might think: The company's long-term vision is to build a platform -- likely an app -- through which you can call one of its eVTOLs to give you a ride through the air -- hopefully above gridlocked traffic, so you can feel good about the $50 or so spent on the lift.

To be sure, nobody knows how much an eVTOL ride could cost (an airport transfer in Manhattan on Blade Air Mobility, which Joby acquired, costs about $200 a seat). That's part of the uncomfortable uncertainty around Joby stock, along with the question of whether an "Uber of the skies" will really take off at all.

Image source: Joby Aviation.

But if demand is strong, the economics could work extremely well in Joby's favor. Analysts from Morgan Stanley put it like this: Assuming Joby's eVTOLs can complete a trip within 12 minutes or so, a single aircraft could finish as many as 40 trips in an eight-hour day. At a $50 fare per ride, that works out to $2,000 in revenue per shift. That's close to $730,000 in annual revenue, if it flew every day. If these aircraft completed more shifts and worked more hours, annual revenue could approach $1.5 million per aircraft, Morgan Stanley estimates.

If you can imagine a world in which thousands of these aircraft operate in hundreds of cities, then you can also picture the multibillion-dollar opportunity Joby is looking at. That, in a nutshell, is how Joby could grow tenfold from here, with a fleet of eVTOLs flying nonstop at a price that stays competitive with ground transportation.

Joby is a long way from that vision (its current target is to produce four eVTOLs a year). But the encouraging news for investors is that this vision of Joby dominance isn't far-fetched or unrealistic. It has important hurdles to clear first -- like FAA type certification -- but for investors with the patience to hold Joby long-term, the reward could be worth the wait.

In brief Billionaire Jeremy Grantham is skeptical about crypto's place in the financial world, calling it "useless" and a "speculative mechanism." Grantham noted Bitcoin's recent fall despite strong economic conditions, highlighting its instability as a store of value. Bitcoin was recently trading more than 50% off its all-time high of $126,080. Billionaire investor Jeremy Grantham won’t be adding crypto to his portfolio any time soon.

Grantham, the co-founder of investment firm GMO, made his position on the asset class well known in an appearance on CNBC’s “Squawk Box” on Friday, where he called crypto a “useless, speculative mechanism.” 

“Years and years, decades and decades—it will dwindle away, I suspect,” Grantham said of its future. “Not with a bang, but with a whimper.” 

Grantham highlighted Bitcoin’s instability as a store of value, pointing to its recent drawdown—a 52% decline from its all-time high of $126,080 set last October, despite strong economic conditions and gold notching sizable gains during the same timeframe.

The commodity and leading store of value asset rose to a new all-time high above $5,500 per ounce earlier this year, but has since fallen more than 25% to trade at $4,096. 

“You can’t depend on it in that way,” he said of Bitcoin. “People don’t use it to make serious trades, they don’t use it to buy their dinner and pay at the supermarket.” 

Instead he said it “allows crooks to move money around without leaving a trace,” adding that it’s “brilliant at that.”

Grantham did concede that blockchain rails could play a transformative role in the future, but made clear his comments were about Bitcoin and other cryptocurrencies. 

Bitcoin has fallen 17% in the last month of trading, recently trading at $60,529.

Last month, billionaire investor Mark Cuban similarly criticized Bitcoin’s role as a store of value, pointing to its recent underperformance when compared to gold, saying “it is not the hedge I expected it to be.” Cuban added that he has sold most of his BTC as a result.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

TL;DR

Bitcoin is consolidating near $60,326.78 according to the supplied market check.The highlighted setup focuses on Bitcoin trading close to long-term weekly moving-average boundaries.The setup remains market-analysis context. Do not call the 200-week SMA a guaranteed bottom or make definitive price-target claims. https://x.com/alicharts/status/2070783078969037193

Loading Tweet… View original post on X

Historical significance of the 200-week moving average as a long-term bitcoin boundary Bitcoin Trades Below 200-Week Moving Average as Historical Accumulation Signal Returns is one of the market setups traders are watching as crypto attempts to stabilize after recent volatility. The signal is useful because it points to a clear market level, flow, or positioning theme that can be checked against live data.

This setup surfaced through the X/social discovery lane, which is used as an idea sensor only. It should not be treated as a source of record on its own. The relevant data still needs to be checked against market charts, derivatives dashboards, or on-chain records before readers draw conclusions.

What the available data shows Bitcoin is consolidating near $60,326.78 according to the supplied market check. The highlighted setup focuses on Bitcoin trading close to long-term weekly moving-average boundaries.

That matters because crypto markets often move around concentrated liquidity zones, wallet flows, exchange positioning, and broader macro pressure before those signals become obvious in price. The strongest version of this setup is one where the highlighted level or flow continues to hold after live validation.

Why traders are watching this setup The setup gives traders a defined framework rather than a vague bullish or bearish view. For Bitcoin, the key question is whether the current signal reflects durable positioning or a short-lived reaction inside a volatile range.

Market structure remains fragile. Bitcoin direction, liquidity conditions, derivatives positioning, and macro volatility can still override otherwise clean technical or on-chain setups. That is why the signal is best understood as a watchpoint, not a prediction.

Risk and invalidation context Do not call the 200-week SMA a guaranteed bottom or make definitive price-target claims. The 200-week moving average has historically been watched by long-term accumulation-focused traders.

If the highlighted level fails, if the wallet flow turns out to be internal custody movement, or if derivatives positioning flips quickly, the interpretation should change. The article should therefore be read as a current market snapshot rather than a guarantee of future price action.

What to verify next The next step is external confirmation. For this setup, the validation path is: Verify the 200-week SMA line and Bitcoin's position relative to it on TradingView. Until that confirmation is reviewed, the setup should remain market-analysis context rather than a confirmed directional forecast.

Traders should also watch liquidity, volume, and daily close structure. Those factors will decide whether this signal becomes a durable theme or another short-lived reaction inside a volatile crypto session.

This report is based on publicly available market and on-chain data.

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

PANews June 27 news, The Kobeissi Letter published an analysis pointing out that since April, U.S. gold and Bitcoin-related ETFs have seen cumulative net outflows of approximately $12 billion, while semiconductor ETFs recorded net inflows of around $20 billion over the same period, with capital clearly concentrating in tech growth sectors. This trend further accelerated in mid-May: gold and Bitcoin ETF outflows more than tripled, while semiconductor ETF inflows doubled. In terms of market performance, the world’s largest gold ETF GLD has fallen about 13% since early April, and Bitcoin ETF IBIT dropped about 12% during the same period; in contrast, semiconductor ETFs SOXX and SMH rose about 81% and 60%, respectively. The analysis believes the current market is exhibiting a clear "risk appetite shift," with retail funds accelerating out of safe-haven assets and crypto assets into high-growth semiconductor and AI-related sectors, and driving the market in an unprecedented way.

Strategy has an office and business in Hangzhou, currently recruiting for technical positions

PANews, June 27 – According to crypto KOL AB Kuai.Dong’s post on X, Strategy maintains an office in China. The company was founded in 2007, originally doing traditional software outsourcing. Although it later transformed into the world’s largest bitcoin reserve company, this business and office location are still retained in Hangzhou. Current recruitment platforms show the company is still hiring, mainly for technical positions.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together

Recommended Reading

Related Topics

PANews, June 27 news, Bitcoin treasury company ProCap Financial Chairman Anthony Pompliano posted on X platform, saying that allegedly Mythos breached the National Security Agency (NSA) classified systems within hours, which will further intensify public concerns about AI risks and push for more regulatory intervention, while the more important signal released is: AGI (Artificial General Intelligence) is actually approaching. Current AI technology not only exceeds human capabilities, but is also self-training and improving at incomprehensible speeds, "humans cannot match these models."

Anthony Pompliano added that each model upgrade brings higher expectations, and people have gradually developed "aesthetic fatigue" towards major technological breakthroughs, which further strengthens confidence in continuous technological progress. Although it is necessary to face the negative impacts brought by AI, this is still one of the most exciting periods in human history, and society may ultimately become the biggest beneficiary. Inflation above 9% has led many to form wrong expectations, and whenever market volatility appears, they predict "high inflation returns." Factors such as tariffs and wars may indeed bring inflationary pressures, but inflation above 9% is at an extremely rare level and is unlikely to recur over the long term in the future.

TL;DR

The supplied setup highlights resistance near the $61,000 area and support/liquidation interest around $58,200.Bitcoin remains compressed inside a relatively tight range while leveraged traders cluster on both sides.The setup remains market-analysis context. Do not predict which side of the range will break first. https://x.com/CryptoDad_DDC/status/2070491689035190665

Loading Tweet… View original post on X

Bitcoin range compression and liquidation clusters around key levels Bitcoin Trapped as Liquidation Maps Spot Major Resistance and Support Clusters is one of the market setups traders are watching as crypto attempts to stabilize after recent volatility. The signal is useful because it points to a clear market level, flow, or positioning theme that can be checked against live data.

This setup surfaced through the X/social discovery lane, which is used as an idea sensor only. It should not be treated as a source of record on its own. The relevant data still needs to be checked against market charts, derivatives dashboards, or on-chain records before readers draw conclusions.

What the available data shows The supplied setup highlights resistance near the $61,000 area and support/liquidation interest around $58,200. Bitcoin remains compressed inside a relatively tight range while leveraged traders cluster on both sides.

That matters because crypto markets often move around concentrated liquidity zones, wallet flows, exchange positioning, and broader macro pressure before those signals become obvious in price. The strongest version of this setup is one where the highlighted level or flow continues to hold after live validation.

Why traders are watching this setup The setup gives traders a defined framework rather than a vague bullish or bearish view. For Bitcoin, the key question is whether the current signal reflects durable positioning or a short-lived reaction inside a volatile range.

Market structure remains fragile. Bitcoin direction, liquidity conditions, derivatives positioning, and macro volatility can still override otherwise clean technical or on-chain setups. That is why the signal is best understood as a watchpoint, not a prediction.

Risk and invalidation context Do not predict which side of the range will break first. Liquidity concentration can increase the risk of sharp wick moves in either direction.

If the highlighted level fails, if the wallet flow turns out to be internal custody movement, or if derivatives positioning flips quickly, the interpretation should change. The article should therefore be read as a current market snapshot rather than a guarantee of future price action.

What to verify next The next step is external confirmation. For this setup, the validation path is: Check CoinGlass or Hyblock liquidation heatmaps for active clusters near $58,200 and $61,000. Until that confirmation is reviewed, the setup should remain market-analysis context rather than a confirmed directional forecast.

Traders should also watch liquidity, volume, and daily close structure. Those factors will decide whether this signal becomes a durable theme or another short-lived reaction inside a volatile crypto session.

This report is based on publicly available market and on-chain data.

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

TL;DR

Mysten Labs’ Hashi framework aims to bring native Bitcoin collateral into Sui DeFi without synthetic wrappers. The global testnet is expected in July 2026. SwissBorg, Cumberland, Fluid, BitGo and Ledger are listed as institutional backers. Native Bitcoin Utility On Sui: Why This Story Matters Institutions Back Sui’s Hashi to Bridge Bitcoin DeFi as Testnet Launch Approaches has become one of the stronger weekend crypto stories because it sits at the intersection of price action, market structure, and the kind of narrative that traders tend to follow closely when the broader news cycle slows down.

The key point is not simply that hashi enables native Bitcoin collateral in Sui-based DeFi protocols without synthetic wrappers. It is that the development gives the market a fresh way to judge whether the current crypto environment is being driven by genuine network adoption, regulatory progress, liquidity shifts, or short-term speculation.

The Main Details According to the official source material, Hashi enables native Bitcoin collateral in Sui-based DeFi protocols without synthetic wrappers. The report also notes that a global testnet is scheduled for July 2026.

That distinction matters because crypto markets often move first on headlines and only later separate durable developments from short-lived momentum. In this case, the verified boundaries are especially important: Do not state the testnet is already live on mainnet.

Market Context For traders, the story arrives at a moment when crypto assets are still trying to define a clearer direction. Bitcoin remains the anchor for broader sentiment, but altcoin narratives are increasingly being judged on their own fundamentals, including usage, liquidity, compliance, treasury activity, and developer progress.

That makes this development relevant beyond a single token or company. If the underlying trend proves durable, it could help shape how investors evaluate Sui, SUI, Bitcoin, Hashi, DeFi over the coming weeks. If it fades, however, it may become another example of a strong weekend narrative that struggled to translate into sustained market follow-through.

What To Watch Next The next important question is whether the market receives further confirmation from primary sources, dashboards, official announcements, or on-chain data. Follow-up disclosures, exchange data, governance updates, or wallet activity could all help clarify whether this is an isolated headline or the start of a broader theme.

Readers should also watch whether liquidity responds. In crypto, even fundamentally meaningful developments can fail to move prices if traders remain defensive, leverage is being unwound, or capital is rotating into other sectors. That is why this story should be read alongside broader market structure rather than in isolation.

This report is based on information from Sui network data and Mysten Labs documentation.

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

Jeremy Grantham, co-founder and chief investment strategist of GMO LLC, during an interview on an episode of Bloomberg Wealth with David Rubenstein in Boston, Massachusetts, US, on Thursday, Aug. 17, 2023. Grantham started one of the world's first index funds in the early 1970s and in 2011 he was included in the 50 Most Influential ranking of Bloomberg Markets magazine. Photographer: Vanessa Leroy/Bloomberg

© 2023 Bloomberg Finance LP

Jeremy Grantham went on CNBC and said his Bitcoin prediction was that it would eventually “dwindle away with a whimper.” Joe Kernen pushed back, the conversation became personal, and the clip quickly traveled across the internet.

That is hardly surprising. Put Jeremy Grantham, Bitcoin, CNBC, a prediction of zero and two strong personalities in the same conversation, and the internet will do the rest. I watched the exchange differently. I was less interested in whether Grantham likes Bitcoin than in whether his prediction was remotely useful to an investor.

He may ultimately be right. Bitcoin may gradually lose relevance, collapse in value, or become a historical reminder of what can happen when speculation, liquidity, and collective belief meet at the same time. Grantham has spent decades studying bubbles, and dismissing his argument simply because you own Bitcoin would be foolish. But when the timeframe is “years and years, decades and decades,” we are no longer talking about an investment call. We are discussing an opinion that can remain technically alive for the rest of someone’s career.

I have spent over 30 years in markets, and “eventually” is one of the most expensive words in investing. You can be completely right about the destination and still lose a fortune on the journey. A bubble can grow larger. An expensive asset can become pricier. A poor business can survive much longer than expected, and a speculative asset can continue attracting capital long after intelligent people have declared it finished.

That is the problem with dramatic predictions. They make excellent television because they sound decisive. Portfolios require something much harder: a valuation, a catalyst, a timeframe, a sensible position size and an honest understanding of what would prove the thesis wrong.

MORE FOR YOU

Grantham’s Bitcoin Prediction Has No Expiry DateEvery speculative boom eventually ends. The difficulty lies in knowing when to sell, how to sell, and at what price to sell. An investor who correctly identifies a bubble five years early may still lose more money than the investor who never recognized it at all. A stock believed to be worth $20 can trade at $50, then $100, before the market finally agrees. A short seller can be fundamentally right and still end up financially ruined if they time it wrong. Timing is a major aspect of an investment thesis. It is part of the thesis. Grantham’s argument allows Bitcoin to decline over decades. That may eventually make the prediction look remarkably perceptive, but it offers almost no guidance to an investor today.

Should Bitcoin be shorted now? If so, how large should the position be? What happens if it doubles first? Would a move to a new high invalidate the argument or merely make the bubble larger? How long should an investor continue funding the position while waiting for the eventual whimper? Those are not technical questions. They determine whether the view can be turned into an actual return. Bitcoin could ultimately disappear and still rise substantially before it does. It could remain volatile, divisive, and difficult to value for decades while attracting institutional investors, governments, and individuals who see it as an alternative monetary asset.

Saying that something eventually goes to zero is easy. The challenge is surviving everything it does before reaching zero.

A Bitcoin Prediction Is Not an Investment ThesisThe investment industry often confuses a memorable opinion with an investable idea, but they are not the same. They are not the same thing. An investable thesis should explain what is mispriced, why the market is wrong, what changes next, and how long that change may take. It should identify the catalyst and the major risks. Most importantly, it should explain what evidence would show that the original analysis has failed. A prediction can avoid all of that. It can remain open indefinitely, which makes it almost impossible to disprove. That is why forecasts work so well on television. The audience remembers the destination but rarely audits the journey. Someone predicts a market crash, the market rises for another five years, and then eventually declines, and the original forecast is presented as a remarkable call.

But what happened to the investor who acted five years earlier? Suppose you agree entirely with Grantham and believe Bitcoin will eventually be worth nothing. How do you profit from that belief? Shorting it exposes you to an asset capable of violent upward moves. Buying put options forces you to choose an expiry date, which is precisely what the original prediction avoids. Refusing to own Bitcoin may be a perfectly sensible portfolio decision, but avoiding an asset is not the same as generating a return from its collapse. You can therefore be philosophically correct and financially unrewarded.

This distinction applies far beyond Bitcoin. Investors have spent years predicting the demise of expensive technology stocks, housing markets, government bonds, currencies, and entire industries. Some of those predictions were directionally correct. Many were too early, too vague, or too difficult to implement to create any value. Markets do not pay for eventual intellectual vindication. They pay investors who identify a mispricing and express it in a way that can survive until the thesis works.

Why This Bitcoin Prediction Makes Great TelevisionThe Grantham–Kernen exchange is spreading because it was not a dry conversation about valuation. It became a confrontation. Grantham represented the traditional bubble investor: skeptical of an asset that produces no earnings, pays no dividend, and generates no free cash flow. Kernen represented the other side: investors who believe that traditional valuation methods cannot dismiss Bitcoin’s scarcity, network, and challenge to conventional money. Both sides believe the other is missing something obvious.

That creates excellent television and even better social media. People are not only debating Bitcoin. They are defending identities, generations, and competing ideas about what money and value actually mean. The strongest media moments reduce complicated issues to opposing camps. Bitcoin is either digital gold or worthless. Grantham is either a wise veteran warning investors again or a permanent bear who fails to understand a new financial system. Real investing is rarely that clean.

I do not need to decide that Bitcoin is either the future of money or destined for zero. I need to decide whether the expected return justifies the risk at the price available today. That is a less dramatic question, but it is the one that matters. The absence of traditional cash flow makes Bitcoin difficult to value, but difficulty does not remove the need for discipline. It increases it. Position size, entry price, liquidity, and the ability to withstand volatility become increasingly important. An investor does not need to accept Grantham’s final conclusion to recognize the risks. Equally, an investor does not need to believe in Bitcoin to understand that aggressively betting against it could be disastrous.

The Better Question Behind Grantham’s Bitcoin PredictionGrantham may eventually be proven right. His criticism of Bitcoin’s utility, volatility, and lack of traditional intrinsic value deserves serious consideration. But the more useful question is not whether Bitcoin will still exist in several decades. The more useful question is what the current price assumes, what could change those assumptions, and whether the likely return compensates investors for the risks. That is the same process I apply to stocks, spinoffs, restructurings, and activist situations. What is the asset worth? Why might the market be wrong? What is the catalyst? Who or what controls the outcome? How much time does the thesis require, and what would show that it is failing? Those questions turn an opinion into a process.

The market loves bold predictions because they produce heroes and villains. Investors should focus on whether they can translate the prediction into a position they can afford to hold. Grantham may be right about the eventual destination. But being right about where something ends means little if you cannot explain what happens next or survive the path required to reach that destination.

That is the difference between commentary and investing. Commentary needs a strong opinion. Investing needs a price, a catalyst, a timeframe, and a clear view of risk.

The Bitcoin prediction of “Eventually” provides none of them.

Timothy Price Crain II, SVP & Chief Technology Officer at Intuitive Machines (LUNR +5.83%), reported the redemption of 150,000 common units and immediate sale of an equivalent number of Class A Common Stock shares for $3.28 million on June 18, 2026, according to the SEC Form 4 filing.

Transaction summaryMetricValueShares sold (direct)150,000Transaction value$3.3 millionPost-transaction shares (direct)9,071,894Post-transaction value (direct ownership)$207.3 millionTransaction value based on SEC Form 4 weighted average purchase price ($21.87); post-transaction value based on June 18, 2026 market close.

Key questionsWhat was the structure and intent of this transaction?
This was a derivative-driven transaction: 150,000 common units were redeemed and immediately sold as Class A shares, providing liquidity without drawing on previously held shares.Did the sale meaningfully reduce Price’s overall economic exposure to Intuitive Machines?
No, the 1.63% reduction only affected direct Class A holdings; substantial exposure remains through Class A shares and 8,720,615 Class C/Common Units, all held directly.How does this trade compare to Crain Price II's historical trading cadence and capacity?
The transaction falls within the pattern of routine, capacity-driven selling.Does the transaction timing suggest opportunism in response to stock price movements?
The Rule 10b5-1 plan adopted in September 2025 governs the sale, indicating this was a pre-scheduled, routine portfolio management event rather than a discretionary response to the recent 124.9% one-year share price increase (as of June 18, 2026).Company overviewMetricValueMarket capitalization$3.2 billionRevenue (TTM)$328.2 millionNet income (TTM)-$109.3 millionCompany snapshotIntuitive Machines provides lunar access services, orbital services, lunar data services, and space products and infrastructure, with revenue primarily generated from aerospace contracts and lunar mission services.The firm operates a project-based business model focused on delivering high-value aerospace solutions for lunar and deep space exploration, leveraging proprietary technology and mission execution capabilities.It targets government space agencies, commercial aerospace clients, and scientific organizations engaged in lunar and planetary exploration.Intuitive Machines, Inc. is a Houston-based aerospace company specializing in lunar and deep space exploration technologies. The company leverages integrated service offerings and proprietary platforms to address the growing demand for lunar access and data services. With a focus on enabling both government and commercial missions, Intuitive Machines positions itself as a key player in the next generation of space infrastructure and exploration.

What this transaction means for investorsThis sale ultimately looks more like disciplined portfolio management than a shift in conviction, especially because it was executed under a Rule 10b5-1 trading plan.

The backdrop is particularly noteworthy given the excitement and volatility surrounding SpaceX’s massive IPO this month, which has fueled sharp moves across the industry. Intuitive Machines shares had climbed roughly 125% over the past year, but have since pared yearly gains to about 74%.

The business has also continued to deliver operational momentum. First quarter revenue nearly tripled year over year to a record $186.7 million, adjusted EBITDA turned positive at $2.7 million, and backlog reached a record $1.1 billion after the company completed its acquisition of Lanteris Space Systems. Management also reaffirmed full-year revenue guidance of $900 million to $1 billion. CEO Steve Altemus said Intuitive Machines is "building" the infrastructure that will define the next phase of the space economy.

For long-term investors, scheduled insider sales are worth monitoring, but execution on that growing backlog, major NASA and defense contracts, and the company's ability to translate today's enthusiasm into sustainable profits are likely to matter far more.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intuitive Machines. The Motley Fool has a disclosure policy.

The push to bring native lending capabilities to the XRP Ledger (XRPL) has gained another significant endorsement from a major ecosystem participant.

In a recent update, crypto trading platform XPMarket confirmed that it voted Yes on the proposed XLS-65 and XLS-66 amendments, adding further momentum to one of the network’s most ambitious DeFi upgrades.

The vote reflects growing support for transforming the XRP Ledger (XRPL) into a more comprehensive decentralized finance ecosystem by introducing lending, yield generation, and credit markets directly on-chain without relying on external smart contract platforms.

“The future of XRPL DeFi is being built, and we’re proud to back it,” XPMarket said in a statement.

XPMarket Backs Native Lending on XRPL According to XPMarket, the two amendments would introduce Single Asset Vaults and an on-ledger lending protocol that operates natively within the XRP Ledger.

Under the proposal, users would deposit a single asset, such as XRP or RLUSD, into shared liquidity vaults. The protocol would then lend those pooled assets to borrowers, enabling depositors to earn yield while providing borrowers with access to fixed-term credit facilities.

Unlike most decentralized lending platforms that operate through smart contracts on external chains, the proposed system would settle transactions directly on XRPL. As a result, the network could support lending and credit markets without depending on third-party protocols or external smart contract infrastructure.

Builder Activity Around XRPL Lending Accelerates XPMarket’s endorsement comes as developer and builder interest in lending applications on the XRP Ledger continues to grow. The upgrade has improved amendment security and governance, which has strengthened confidence in the proposals and encouraged broader ecosystem participation.

Developers are also positioning the upcoming native lending functionality as one of the most rigorously tested upgrades in XRPL history. According to reports, developers incorporated lessons learned from previous network upgrades while designing the new lending framework.

RippleX Head of Engineering J. Ayo Akinyele recently reinforced that position, stating that both the Lending Protocol and Single Asset Vault were developed using a security-first framework.

Over the past year, the amendments have undergone multiple independent security audits alongside a large-scale Immunefi Attackathon. The initiative attracted 131 security researchers and generated 455 submissions, including 94 validated findings.

Researchers identified issues ranging from critical vulnerabilities to informational observations. Interestingly, developers addressed all validated findings before advancing to additional testing phases.

Institutions Prepare for Integration As confidence in the amendments continues to grow, several institutions have already begun preparing for potential integrations. According to RippleX, organizations including Evernorth, SOIL, and VS1.Finance is actively exploring ways to integrate with the upcoming lending infrastructure. 

SOIL is gearing up to be the first application using the XRPL Lending Protocol and SAV.

The XLS-65 and 66 unlock a new generation of lending and yield products natively on XRPL, and we’d love to see them activated as soon as possible.

Below is a sneak peek. More coming soon. pic.twitter.com/E89EZrgEBK

— Soil (@soil_farm) June 23, 2026

Their early involvement highlights increasing institutional interest in native XRPL credit markets and suggests that demand for on-ledger lending products could already be forming ahead of deployment.

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.

Ripple CEO Criticizes Saylor’s Bitcoin Strategy While Remaining Bullish on BTC

XRP and Bitcoin could be revisiting their 2024 lows in the coming days as the bear market bites on.

In a CNBC interview on Friday, Fairlead Strategies founder Katie Stockton argued Bitcoin could fall to the low $40,000 range if the current support level breaks. This potential BTC fall could weigh heavily on the broader market, including altcoins like XRP.

Notably, Stockton remains bullish on Bitcoin over the long term. However, she stressed that losing current support could trigger another wave of selling. 

CNBC’s Katie Stockton Sees Risk of a Deeper Pullback Speaking on CNBC, Stockton said the $59,000-$60,000 area remains a critical support zone. Bitcoin has tested this range several times in recent weeks.

She noted that Bitcoin’s price has already fallen about 30% after being rejected at its 200-day moving average, which continues to act as strong resistance. If the current Fibonacci retracement support fails, the next major technical support sits in the “low $40,000s,” she said.

Despite the near-term bearish outlook, Stockton said she remains a “very, very long-term” Bitcoin bull. She added that Bitcoin is now in a long-term oversold condition, which has historically been followed by price stabilization and strong relief rallies.

How Far Could XRP Fall? At the time of writing, Bitcoin is trading around $60,270, while XRP is changing hands near $1.06. A drop from around $60,000 to the low $40,000s would represent a decline of roughly 30% to 33% for Bitcoin. 

Historically, XRP has amplified Bitcoin’s losses during market-wide sell-offs due to its higher volatility. If XRP simply matches Bitcoin’s percentage decline, its price could fall to around $0.71-$0.74.

However, XRP’s price has sometimes dropped 1.3 to 1.5 times more than Bitcoin during major capitulation events. If that pattern repeats, XRP could retreat to the $0.55-$0.65 range. That would bring it back into the psychologically important $0.50 zone. Notably, XRP last traded at this level in 2024.

Meanwhile, a more conservative view suggests XRP could fall into the $0.70-$0.95 range if Bitcoin reaches the low $40,000s. In a more severe market capitulation, historical price relationships suggest XRP could briefly test the $0.40 region. 

XRP May Not Follow Bitcoin Exactly While XRP generally moves in the same direction as Bitcoin, the relationship is not always consistent. XRP’s correlation with Bitcoin has historically been weaker than that of some other large altcoins.

This means XRP can sometimes outperform or underperform Bitcoin, especially when XRP-specific developments drive the market. 

As a result, a Bitcoin drop into the low $40,000s would increase downside risk for XRP. Yet the magnitude of any decline would depend on overall market sentiment and XRP-specific catalysts.

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.

Key Takeaways XRP currently changes hands at $1.05, experiencing an 8% decline over the last seven days and a 43% drop year-to-date in 2026 Open interest climbed 1.13% to reach $2.37 billion despite downward price movement, while funding rates shifted into negative territory Ripple’s latest report reveals tokenised real-world assets on XRP Ledger surged 2,260%, expanding from $5M to $118M Crypto analyst Ali Martinez identified $1.06 as crucial support, warning that failure could trigger drops to $0.80, $0.62, or $0.51 XRP continues trading beneath both 100-day and 200-day moving averages, facing initial resistance at $1.10 XRP is currently valued at approximately $1.05 following a 2.45% uptick during the last 24-hour period. However, this minor recovery doesn’t offset the broader downward trend, with the digital asset losing 8% across the previous week and plummeting 43% since the beginning of January 2026.

XRP Price The cryptocurrency reached its peak at $3.65 during July 2025. Today’s valuation represents approximately a 71% decline from that all-time high.

The asset has successfully maintained its position above the psychologically important $1.00 threshold, which market observers identify as a critical support zone. Current daily trading activity hovers around $2.47 billion.

Leveraged Positions Expand as Prices Contract XRP’s open interest experienced a 1.13% increase over the past 24 hours, now standing at $2.37 billion. This metric indicates market participants continue establishing new leveraged contracts despite the asset’s downward trajectory.

Source: Coinglass Funding rates have transitioned into negative territory. Within perpetual futures trading, this development signals that short position holders are compensating long position holders to maintain their contracts — suggesting bearish sentiment has gained control.

Options open interest contracted by 67% to $21.66 million, whereas options trading volume expanded 16% to reach $5.4 million.

Cryptocurrency analyst Ali Martinez highlighted that XRP is currently challenging a significant volume cluster at $1.06. Blockchain data derived from the UTXO Realized Price Distribution reveals that more than 830 million XRP tokens were exchanged at this price point, establishing it as a heavily monitored support threshold. Martinez identified subsequent critical support zones should this level fail to hold: $0.80 where 923 million XRP transacted, $0.62 hosting 1.16 billion XRP, and $0.51 containing 1.06 billion XRP.

XRP: KEY SUPPORT LEVELS$XRP is testing a major volume block at $1.06. On-chain data from the UTXO Realized Price Distribution (URPD) shows that over 830 million XRP changed hands at this exact price, making it a key support line to watch.

If the market drops below this level,… pic.twitter.com/BlRSZzg1BB

— Ali Charts (@alicharts) June 26, 2026

Several market commentators have suggested a potential decline to $0.95 before any meaningful recovery materializes. Martinez has also referenced an extreme downside scenario approaching $0.15, a price level not witnessed since 2017, should XRP replicate its historical maximum drawdown of 96%.

Ripple Reveals 2,260% Expansion in Tokenised Asset Ecosystem Regarding fundamental developments, Ripple released analysis demonstrating that tokenised real-world assets operating on the XRP Ledger expanded from approximately $5 million at 2025’s outset to surpass $118 million. This represents an extraordinary increase of roughly 2,260%.

These tokenised holdings encompass digital representations of US Treasury securities, various commodities, and real estate properties. Ripple compiled this assessment in collaboration with Token Relations.

XRP continues trading below both its 100-day and 200-day moving averages, with these technical indicators functioning as overhead resistance barriers. The Relative Strength Index approaches oversold conditions. The $1.10 price point represents the initial significant resistance zone above current trading levels.

Analyzing the XRP/BTC trading pair, the token is testing support around 1,700 satoshis. Market technicians identify 1,500 satoshis as the subsequent downside target, with resistance anticipated between 1,850 and 2,000 satoshis during any potential rebound scenario.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Ripple CEO Brad Garlinghouse recently joined CNBC's "Squawk on the Street" to discuss Bitcoin, touching on its rough year, utility, Strategy's Bitcoin buying strategy, and Ripple's progress in the last year.

The Ripple CEO highlighted an ongoing crypto cycle, saying, "As we have seen, crypto is going to go through its cycles. Many asset classes do that."

According to Garlinghouse, Michael Saylor's approach to funding Bitcoin purchases definitely started something. He believes the challenge is that while it added some excitement on the way up, it is now compounding on the way down as well.

HOT Stories

The Ripple CEO highlighted the priority being on what drives long-term value: "I actually think what should come first is focusing on what's going to drive long-term value. I think that financial engineering does not drive long-term value."

You Might Also Like

The Ripple CEO reiterated his longstanding view that the long-term value of any digital asset will be driven by utility. "If it's solving a problem at scale for real customers, you're going to see liquidity, you're going to see demand, you're going to see trust in that asset. Those things compound in a positive way," he stated.

Garlinghouse says he is bullish on Bitcoin, aligning with Warren Buffett's quote: "Be fearful when others are greedy, and be greedy when others are fearful." "Now is the time, I think, to be greedy," he added.

The Ripple CEO criticized Michael Saylor's Bitcoin buying strategy. "I think team Michael Saylor wasn't focused on the right stuff, and that has hurt the overall market." His comments come as the preferred stock at the center of Strategy's model fell to a record low.

Bitcoin is digital goldWhen asked about the current utility of Bitcoin, Garlinghouse stated that it has clearly carved out a place as "digital gold." He mentioned a widely recounted anecdote about the Central Bank of Germany transporting 300 tons of gold, which took two years and billions of dollars to move.

You Might Also Like

This case differs from Bitcoin. "If you wanted to move $300 billion of Bitcoin, you could do that in a pretty reasonable, quick way," Garlinghouse stated.

In this regard, Ripple's CEO highlighted a focus on XRP, the company's north star. He further stated that "the utility there is really focused on payments and leveraging the speed and efficiency of that blockchain in a way for institutions."

Ripple is currently seeing tremendous demand, according to Garlinghouse. Last year, partly through acquisitions, Ripple cleared $16 trillion in payments through its prime brokerage business, and the percentage of that which went through a digital asset was close to 0%. The opportunity is to introduce and bring in traditional finance, the Ripple CEO stated.

A viral social media post has stirred discussion about XRP as an investment as a one-year price chart showed the token’s steep decline.

Specifically, one investor joked that “nobody new to crypto would buy XRP if they zoomed out.”

The chart showed XRP trading at around $1.02 after falling more than 53% over the previous year. The view suggests that while many see XRP’s low price as a buying opportunity, zooming out to a longer timeframe may discourage investors considering the massive drawdown.

Notably, XRP has posted a modest recovery. It now trades at around $1.05, up about 2.5% over the past 24 hours. Despite the bounce, the token is still down 8% over the past week, 18% over the past month, and roughly 43% year-to-date.

XRP Yearly Chart CoinMarketCap XRP Isn’t the Only Token Under Pressure Although XRP has become the focus of criticism, the broader crypto market has also suffered major losses.

Bitcoin currently trades at around $60,365, down about 43% over the past year. It has also fallen 5.4% over the past week, 18% over the past month, and 34% year-to-date.

This suggests XRP’s decline has occurred alongside a broader market correction rather than in isolation. Even so, XRP has underperformed Bitcoin across several timeframes.

How Much Could XRP Holders Be Down? Investors who bought XRP before the decline may be sitting on significant unrealized losses. With XRP falling about 53% over the past year:

Holdings Value at ~$3.66 (July 2025) Value at ~$2.24 Value at $1.05 Today Unrealized Loss 1,000 XRP $3,660 $2,240 $1,050 -$1,190 10,000 XRP $36,600 $22,400 $10,500 -$11,900 Notably, these figures are estimates based on the approximate one-year decline. Actual gains or losses depend on each investor’s purchase price.

What If Someone Bought XRP Today? Meanwhile, someone purchasing XRP at around $1.05 today would have a different risk-reward profile if the token eventually returns to previous resistance levels.

XRP Price Target Gain Per XRP Profit on 1,000 XRP Profit on 10,000 XRP $2.00 $0.95 $950 $9,500 $3.00 $1.95 $1,950 $19,500 $5.00 $3.95 $3,950 $39,500 $10.00 $8.95 $8,950 $89,500 However, these scenarios remain hypothetical and assume XRP rebounds significantly in the future. For now, the bear market continues, and many analysts expect prices to decline further.

Even so, many XRP supporters argue that major corrections have historically been followed by strong recoveries across the crypto market. Bulls remain hopeful that future catalysts could push XRP back above key psychological levels such as $2 and $3.

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.