Track market-moving stories before they get noisy

Any honest Shiba Inu price prediction starts from the same fact: SHIB already made its legendary run, and the next one has to move hundreds of trillions of tokens.

So this forecast maps a path instead of promising fireworks, through the burns, Shibarium, the supply math, and the meme cycle. It also covers the other Ethereum meme story this week, a brand new stage one opening Friday on Bullski’s official website, where the free priority list is filling ahead of launch.

SHIB’s Path From Here Table of Contents

SHIB’s Path From HereShiba Inu Price Prediction: The ScenariosShiba Inu Technical Analysis: Levels to WatchWhy Launch Week Belongs to the New Ethereum MemeSHIB Holders’ Launch-Week MoveShiba Inu Price Prediction FAQWhat is the Shiba Inu price prediction?Can SHIB break out this cycle?What is holding SHIB back?What launches this week on Bullski?For More Information SHIB launched on Ethereum in August 2020 and turned a joke into an empire: Shibarium, its own layer 2, a burn portal steadily retiring tokens, listings on most major exchanges, and one of the biggest holder bases in crypto. The project outgrew the meme label years ago, which is exactly what a forecast has to price.

Mature coins move differently. SHIB trades with Bitcoin and the broader meme cycle more than on its own headlines, and the wild percentage days of 2021 have given way to slower, heavier swings. The question is no longer survival, it is how far this base carries the next leg.

Shiba Inu Price Prediction: The Scenarios Four forces set the path. Burns retire tokens daily, at a pace that trims the supply rather than transforms it. Shibarium adds transactions, and more activity means more burning and more reasons to hold.

Against both stands the big headwind, a circulating supply in the hundreds of trillions, so every rally needs enormous new money just to move the price. The wild card is the meme cycle, which still lifts SHIB hard in risk-on seasons.

Here is how those forces stack into scenarios along SHIB’s path, hedged the way any honest forecast should be.

Phase

Bear

Base

Bull

Range phase (now)

Slides toward the bottom of its long range

Chops sideways while burns trim supply

Reclaims the top of the range early

Meme cycle turn

The bounce fades under old resistance

New yearly highs alongside the sector

Leads the sector as the household name

Shibarium traction

Activity stays too thin to matter

Burn pace grows and the floor firms up

Demand plus burns start work on a zero

Full breakout

The 2021 peak stays out of reach

A long climb back toward old highs

A genuine retest of the $0.00008845 record

Watch out: SHIB’s enormous supply means even a strong rally moves the price by fractions of a cent. Size expectations to that math, not to screenshots from 2021.

Shiba Inu Technical Analysis: Levels to Watch Analysts track three things on the SHIB chart: whether it defends its multi-year range lows, how it behaves around the round-number zero lines that act as psychological support and resistance, and how much air sits under the $0.00008845 all-time high from October 2021. Momentum arrives in bursts with the meme cycle, so the levels matter most when volume suddenly returns.

Why Launch Week Belongs to the New Ethereum Meme Here is the part of the SHIB story people forget: there was never a SHIB presale. The token simply appeared on Ethereum in 2020, and whoever found it before the crowd caught the entry everyone has hunted since.

That is what makes this week different. Bullski ($BULLSKI) is the new Ethereum meme, an ERC-20 token with a fixed 120 billion supply, and its stage one is still ahead of it. The 16-stage presale climbs toward a $0.0025 listing reference, the contract is verified on Etherscan, an audit is in process, and liquidity locks at launch.

Staking and referrals run from day one, so early buyers earn while the stages fill.

The date is set: stage one opens at 5pm UTC on Friday, July 10. Until then, the free priority list is filling with buyers who want the first entry at the lowest stage price.

In short: SHIB proved an Ethereum meme can build an empire; launch week is about the one still laying its first brick.

SHIB Holders’ Launch-Week Move None of this says sell your SHIB; the long-hold case above is real. The launch-week move is about the other slot in a meme portfolio, the early-entry slice that SHIB, by its own success, can no longer be.

Reserving that slice takes minutes. Head to the official site and add yourself to the priority list, then have an Ethereum wallet funded with ETH or USDT before Friday evening. When stage one opens, priority members enter ahead of the public rush, buy at the first stage price, and can put their tokens straight into staking while the crowd is still finding the page.

$250 USDT Giveaway: launch week comes with a bonus. Bullski’s “Bullish by Default” draw is sending $250 USDT to one winner, picked at random, no purchase needed. You can get in the Bullski giveaway by joining the Telegram and following on X, with extra entries for inviting a friend. Winners are announced only on the official channels, and the team will never ask for your keys.

What is the Shiba Inu price prediction? The honest answer is a range. The base case keeps SHIB tracking the meme cycle while burns and Shibarium slowly tighten supply, the bull case works back toward old highs, and the bear case is a longer sideways drift.

Can SHIB break out this cycle? It can, and it has surprised the market before. A strong meme season, rising Shibarium activity, and a faster burn rate are the ingredients to watch. The caveat is scale: lifting a coin with hundreds of trillions of tokens takes far more new money than it did in 2021.

What is holding SHIB back? Mostly its own size. With a circulating supply in the hundreds of trillions, even large inflows nudge the price rather than move it, and the easy discovery phase ended years ago. Burns help at the margins, but that math is the headwind every SHIB forecast has to respect.

What launches this week on Bullski? Stage one of the 16-stage Bullski presale opens this Friday at 5pm UTC. Priority list members enter first, buy $BULLSKI with ETH or USDT at the earliest price, and can stake immediately as the sale climbs toward the $0.0025 listing reference.

For More Information Website: Visit the official Bullski website at bullski.io

Telegram: Join the Bullski Telegram channel at t.me/BullskiCoinOfficial

X (Twitter): Follow Bullski on X at x.com/bullskicoin

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Viva Republica, the operator of South Korea-based mobile money transfer app Toss, reportedly signed a memorandum of understanding with blockchain company Optimism to test a Korean won-based stablecoin infrastructure for institutional payments.

The companies, along with privacy solutions provider Sunnyside Labs, will conduct a three-month proof of concept (PoC) using Optimism's OP Stack and Sunnyside's Privacy Boost protocol to develop a Korean won-based stablecoin and assess whether these technologies can be applied to domestic blockchain-based payment infrastructure for financial institutions, reported Yonhap News on Wednesday.

The PoC will explore whether financial institutions can control the settlement process, the feasibility of implementing know-your-customer (KYC) and anti-money laundering (AML) verification requirements and whether transactions can remain private on a public blockchain ledger.

Toss plans to use the three-month PoC as the foundation for building compliant stablecoin-based payment infrastructure in the country, according to the report.

Cointelegraph has approached Toss for more details about the stablecoin pilot.

Toss app homepage. Source: Toss.im 

Optimism will provide the blockchain infrastructure, while Sunnyside Labs will provide the privacy-preserving technology to shield transfers. Sunnyside is a core developer for the Optimism Collective and has been building core OP Stack infrastructure.

Seoul-headquartered Toss was launched in 2015 and claims it has more than 30 million users on its mobile application.

Payments giants test stablecoins for improved settlementToss’ PoC follows similar stablecoin-based initiatives from other large financial institutions in the country.

In late April, one of South Korea’s largest credit card providers, Shinhan Card, teamed with the Solana Foundation to test the commercial feasibility of stablecoin payments and the use of non-custodial wallets, after completing a joint pilot project earlier that month.

Shinhan Card said it hoped to eventually develop its own DeFi-linked services that implement blockchain oracles, a technology used to connect information in offchain and onchain environments.

Late last year, payments giant Visa also launched USD Coin (USDC) settlement services for some US-based financial institutions on the Solana blockchain in one of the more advanced examples of stablecoin projects.

Other large payment providers exploring stablecoins for improved payments and settlement include Mastercard and South Korea's BC Card.

Magazine: The biggest blockchain upgrades still to come in 2026

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.

Toss, the fintech super-app with more than 15 million users in South Korea, has signed a memorandum of understanding with Optimism and Sunnyside Labs to run a proof of concept on a Korean won-pegged stablecoin. The three-month PoC will test whether Optimism’s layer-2 infrastructure can support compliant digital currency payments in one of Asia’s most tightly regulated financial markets.

What the partnership actually involves The MOU, signed on July 8, pairs three organizations with very different skill sets. Toss brings the user base and financial services muscle. Optimism contributes its OP Stack, the modular framework that powers its Ethereum layer-2 network. Sunnyside Labs rounds out the trio with privacy-focused solutions, a critical piece of infrastructure when you’re dealing with regulated payments in a country that takes KYC and AML seriously.

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Kyu-ha Kim, Toss’s Chief Business Officer, emphasized the importance of the collaboration in understanding the feasibility of a KRW-pegged stablecoin. The PoC will specifically assess whether the OP Stack can handle the throughput, compliance, and cost requirements that a payment-grade stablecoin demands.

Back in March 2026, the company announced plans to issue a won-backed stablecoin. Then in June, Toss Bank signed a separate MOU with the Solana Foundation to test stablecoin-based remittance and settlement. The Optimism track focuses on layer-2 Ethereum infrastructure. The Solana track focuses on remittance use cases.

Why South Korea matters for stablecoins That’s precisely why Toss is running a PoC rather than going straight to market. The company operates Toss Bank, a fully licensed digital bank, alongside its payments super-app. A stablecoin that gets shut down would be a reputational catastrophe for a platform that has spent years building trust with Korean consumers.

The risk, of course, is execution. Three months is a short window for a PoC, and the gap between “technically feasible” and “regulatorily approved” can be measured in years in South Korea. No regulatory approvals have been granted, and no specific token issuance details have been disclosed. The PoC could conclude that the technology works perfectly and still sit in regulatory limbo for an extended period.

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

Table of contents

Trust Wallet, a renowned self-custody wallet, has integrated Robinhood Chain, an Ethereum-compatible L2 ecosystem. The integration permits Trust Wallet to expand accessibility for over 220M consumers across the globe. According to Trust Wallet’s official announcement, the latest integration allows consumers to manage crypto assets, meme tokens, and tokenized RWAs seamlessly.

With this integration, users can now send, receive, and swap these digital assets without ever leaving the self-custodial app. Thus, the development merges the strengths of both entities to provide an exclusive blend of entertainment and utility for worldwide retail participants.

Robinhood Chain Broadens RWA Access via Trust Wallet Integration The integration of Robinhood Chain into Trust Wallet is crucial to expand access for the user base. In this respect, the Robinhood Chain has appealed to a couple of distinct audiences. For one group, RWAs like tokenized commodities and stocks focus on advancing blockchain adoption in the long-term with the provision of new methods for portfolio diversification.

While we’re building robinhood chain to be the best chain for RWA … it works great for memes too

— Vlad Tenev (@vladtenev) July 8, 2026 Additionally, the popularity of meme trading has also surged, with Vlad Tenev, the CEO of Robinhood, openly admitting the role of the blockchain in backing the respective cultural wave. The executive said, “While we’re building Robinhood Chain to be the best chain for RWA … it works great for memes too.”

Retail Adoption Accelerates Cross-Network Liquidity Trust Wallet’s integration guarantees that both meme enthusiasts and serious investors can leverage Robinhood Chain seamlessly without any compromise on control or security. Such a dual appeal fortifies the status of Robinhood Chain as a versatile ecosystem that can connect internet-native trends and conventional finance.

According to Trust Wallet, supporting Robinhood Chain lets consumers manage Stock Tokens, meme coins, and crypto-native assets with complete custody. The move also expands the already wide multi-chain coverage of Trust Wallet. For Robinhood Chain, the development delivers rapid exposure to a broad retail audience, expanding liquidity and adoption across the network. Together, the two companies are advancing the convergence of retail-powered digital culture and institutional-scale blockchain solutions.

AUTHOR

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

A website is a gateway into Injective and its ever growing ecosystem.

However, Injective can no longer be explained by finance alone. A swarm of new builders and enterprises have entered to create brand new use cases and applications the world has never seen. Injective today is where users, institutions, and AI agents all trade, tokenize, and transact on the same rails. The front gateway into Injective aligns with exactly that core vision and path forward.

Today the new injective.com is live. It pairs a sharper story with a sleeker design, and it lands days before Injective Summit, where together we are ushering in a new onchain economy. Consider this the starting point to a new month with many more launches, announcements and surprises ahead.

A Sharper Story: The New Internet EconomyThe new headline sends a clear message to all. Injective is the first blockchain purpose-built for the new internet economy. Rather than list features, the new site frames what Injective is for, an onchain economy where any asset moves, any market runs, and users, institutions, and AI agents all operate at scale.

That framing runs through every page on the new website. Stablecoins, real-world assets, payments, agentic finance and programmable derivatives are presented as a single, unified engine for global markets, not scattered products. The new story reflects what Injective has become and our grand ambitions ahead to systematically redshift the economy at large.

The Network, In the OpenNumbers tell the story faster than adjectives, so the new site puts them up front. A live dashboard shows the network as it runs, from billions of onchain transactions and sub-second block times to hundreds of onchain assets, real-world asset volume in the billions, and a median transaction cost of a small fraction of a cent. It is Injective, measured in the open, updating as the chain moves.

New Use Cases and Brand New PagesThe old navigation asked you to know Injective before you could use it. The new one meets you where you are. Clear paths for Developers, AI Agents, Institutions, and Community take you straight to what matters for your goal.

The solutions are organized the same way, around real use cases rather than internal architecture.

AI and Agentic Finance: the tools for agents to trade and transact natively onchain.Derivatives Markets: permissionless markets with unified liquidity.Tokenization: equities, commodities, pre-IPO credit, funds, money markets, and FX, with compliance built in.Stablecoins and Payments: programmable money on purpose-built financial rails.Institutional Infrastructure: the foundation for banks, fintechs, and enterprises building onchain.There are also new assets added to provide information on the most asked community requests such as a dedicated page for the INJ token, one for the Injective Hub and one just serving ambassadors.

A New Look to MatchThe redesign is more than cosmetic. A darker canvas, a serif display voice, stylish hero images, dynamic animations throughout the site and clean iconography give the site the weight of financial infrastructure rather than the noise of a typical crypto page. Every section is faster to scan and easier to act on, whether you are here to build, to allocate, or to explore.

The Front Door to SummitThe timing is deliberate. Injective Summit begins July 16, and the announcements start there. 

The new injective.com is where they will live, and where anyone arriving for the first time will understand what Injective is in a single scroll.

Explore the new injective.com now, and follow along as Summit begins next week.

About InjectiveInjective is a lightning fast interoperable layer one blockchain optimized for building premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter

According to Arkham’s monitoring, an address labeled SpaceX has transferred Bitcoin for the first time in six months. Data shows that SpaceX address 15atF initiated a BTC test transaction to SpaceX address bc1q9, worth approximately $88, which is suspected to be a test transfer.

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Ondo Perps' trading volume has surpassed $2 billion within 48 hours of its launch.

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Michael Saylor: Concerns over Bitcoin block space shortage are gradually easing, while global transfers still maintain low fees.

MicroStrategy founder Michael Saylor published an article noting that after a decade of concerns over insufficient block space and controversies surrounding non-monetary use cases, Bitcoin still has no so-called "spam transaction problem." Currently, Bitcoin network fees stand at approximately 1 sat/vB, enabling anyone to quickly transfer any amount of Bitcoin globally for roughly $0.3. Free market mechanisms have been consistently resolving the challenges facing Bitcoin's block space.

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Sources: Iran will close the Strait of Hormuz if the US launches an attack.

According to CCTV News, sources from Iran’s security department stated that if the U.S. launches any attack on Iran, Iran will close the Strait of Hormuz and retaliate against enemy targets with a response at least twice the scale of the strike it receives. U.S. President Donald Trump said on the 8th while attending the NATO summit in Turkey that he is very unhappy with Iran, the U.S. military “could strike Iran hard again tonight” and may also reimpose a naval blockade on Iran.

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BNP Paribas: Merger between Tesla and SpaceX is far from imminent

BNP Paribas analysts have expressed doubt over the recent possibility of a merger between Tesla and SpaceX. "The massive cash burn and significant regulatory risks of both companies complicate a potential merger between SpaceX and Tesla," they stated. The investor sentiment for Tesla, which has improved amid merger speculation, may be overly optimistic, and the analysts maintained their "underperform" rating and $280 target price for the firm. "We are concerned that Tesla will face daunting KPIs in its robotaxi and Optimus businesses over the next two years, which will pose downside risks to its core operations before any SpaceX merger is actually realized."

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Trump: Will See If He Can Continue Keeping Oil Prices Low, Notes That Oil Prices Should Remain Low

US President Trump said, "We will see if we can continue to push oil prices lower. We should maintain low oil prices."

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A whale has aggregated approximately $5.85 million worth of HYPE and LIT assets into the same wallet.

According to monitoring by Onchain Lens, a crypto whale has transferred approximately $5.85 million worth of HYPE and LIT assets into a single wallet, with the funds likely accumulated through Galaxy Digital. The transferred assets consist of 78,100 HYPE tokens (valued at around $5.25 million) and 263,700 LIT tokens (worth approximately $601,000).

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Elon Musk’s SpaceX-linked wallet address moved Bitcoin after 6 months, sparking speculation in crypto and stock markets. The transfer coincided with massive profit booking in SPCX stock that sent the stock below its IPO debut price.

Elon Musk’s SpaceX Wallet Transfers Bitcoin According to Arkham Intelligence data on July 8, a wallet address linked to Elon Musk’s SpaceX moved Bitcoin for the first time in six months. The transfer triggered selling speculations despite the firm moved just $88 worth of BTC.

The firm last moved more than 1016 BTC worth nearly $100 million. SpaceX wallet still holds almost 18,712 BTC, valued at $1.16 billion at the current market price. Notably, the destination address now holds 614 BTC worth $38 million.

Elon Musk’s SpaceX Moves Bitcoin. Source: Arkham Outflows from SpaceX to other unknown wallets increased significantly last year near the October 10 crypto market crash. The transfers gradually stopped as the firm’s focus switched to its SpaceX IPO.

The latest transfer comes amid Bitcoin selling by digital asset treasuries such as Michael Saylor’s Strategy, MARA Holdings, Nakamoto Holdings, and Sequans Communications. Last week, Michael Saylor’s Strategy announced Bitcoin sale worth $216 million.

Meanwhile, Bitcoin price is trading above $62K, almost 2% lower amid renewed US-Iran strikes. President Trump cast doubt on the future of the cease-fire with Iran after both sides traded attacks, saying “I think it’s over.”

SPCX Stock Extends Fall to 25% SPCX stock closed 6.83% lower at $149.47 on Tuesday, falling to an intraday low of $148.86 amid massive profit booking. The stock price has dropped below its IPO debut price.

The stock dropped despite Elon Musk-led space exploration and AI company SpaceX joined the Nasdaq 100. While it sparked long-term bullish sentiment among investors due to potential influx of investments, but stock remains under selling pressure.

SpaceX stock is now down more than 25% within just a month. The stock has climbed 0.49% in premarket trading hours on Wednesday.

As CoinGape reported, Wall Street firms, including Morgan Stanley, Goldman Sachs, and Citigroup, initiated coverage of SPCX stock, setting higher price targets. Morgan Stanley analysts are extremely bullish on Elon Musk’s SpaceX stock, setting a price target of $300.

If you’re looking to earn passive income with crypto, check out our 8 proven ways to earn passive income in July 2026.

Germany’s seized Bitcoin wallet has been one of the market’s most obvious supply stories. Now the discussion is starting to change from how much BTC might still be sold to how close the selling pressure may be to ending.

The useful way to read this is not as a guaranteed price signal, but as a fresh piece of information in a market that is trying to sort real developments from noise. That does not mean Bitcoin is suddenly free of sell-side risk. Mt. Gox repayments, miners, ETFs, and macro flows all still matter. But a shrinking government wallet can change sentiment because it turns an open-ended fear into something with a visible endpoint.

For more details, visit the official Arkham platform.

TL;DR Arkham-tracked Germany-linked wallets now hold less than 20% of the seized BTC balance.The market has treated the transfers as a major source of sell pressure.If the balance keeps shrinking, traders may soon start pricing the end of that specific overhang. From pressure to exhaustion The significance of a wallet falling below 20% of its original seized balance is simple: the worst of that specific supply event may be closer to passing. Traders have spent days watching exchange transfers and assuming those coins could hit the market.

That does not mean Bitcoin is suddenly free of sell-side risk. Mt. Gox repayments, miners, ETFs, and macro flows all still matter. But a shrinking government wallet can change sentiment because it turns an open-ended fear into something with a visible endpoint.

The Market Read Do not overstate certainty; frame it as a visible supply overhang nearing exhaustion.

That is the balance readers need to keep in mind. Crypto markets are quick to turn every update into a single-direction trade, but most durable stories are more layered than that. They matter because they change positioning, incentives, infrastructure, or regulation over time.

What Comes Into Focus Now From here, the important thing is follow-through. If the source data, company update, filing, or on-chain record continues to move in the same direction, this can become part of a larger trend. If it stalls, it is still useful as a snapshot of where attention is sitting today.

For traders and readers, the cleaner takeaway is to separate the confirmed development from the speculation around it. The confirmed part is what deserves coverage. The speculation is what needs caution.

For Bitcoin readers specifically, the story is useful because it gives a clearer frame for the next few sessions. It tells them what to watch, which part of the market is reacting, and where the first obvious risk sits. That is more valuable than simply saying a token, company, or regulator has made a move. The useful work is in connecting the update to liquidity, positioning, adoption, enforcement, or user behaviour without pretending that any single headline controls the whole market.

The practical question now is whether this remains an isolated update or becomes part of a chain of follow-through. A second filing, another wallet move, fresh dashboard data, a new governance vote, or a stronger market reaction can all turn a clean single-day story into a broader narrative. Without that follow-through, it still matters, but more as a marker of where attention was concentrated on July 8 than as a complete trend on its own.

That distinction is especially important in a market where headlines can travel faster than context. A source-backed update gives readers something firmer to work with, but it does not remove liquidity risk, execution risk, or the chance that traders fade the initial reaction once the first wave of attention passes.

In that sense, the headline is only the starting point. The better read is to watch how builders, exchanges, funds, wallets, regulators, or large holders respond after the first announcement has moved through the feed.

This report is based on information from platform.arkhamintelligence.com.

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

SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100.

Summary

SpaceX moved Bitcoin for the first time in six months, though the transfer was worth only $88. SPCX shares have fallen more than 25% despite the company’s fast-tracked Nasdaq-100 inclusion. JPMorgan estimates the index addition could drive about $4.3 billion in passive fund buying. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX moved just $88 worth of Bitcoin on July 8, ending a six-month period without on-chain activity. Although the transfer was tiny, it quickly fueled speculation across crypto markets because the company’s wallets have historically remained inactive for long periods.

SPACEX JUST MOVED BITCOIN

A tagged SpaceX address just moved Bitcoin for the first time in 6 months. SpaceX (15atF) made a test transaction of $88 of BTC to SpaceX (bc1q9).

Is SpaceX about to move more BTC? pic.twitter.com/vQITSDKtGI

— Arkham (@arkham) July 8, 2026 Arkham Intelligence data showed that SpaceX still holds about 18,712 BTC, worth roughly $1.16 billion at current prices. The receiving wallet now contains 614 BTC valued at about $38 million. The blockchain analytics platform also showed that the company’s previous major transfer involved more than 1,016 BTC worth nearly $100 million.

Why did a small Bitcoin transfer attract attention? While the latest transaction involved only a nominal amount, it arrived after a series of larger Bitcoin sales by corporate treasury holders. Strategy, MARA Holdings, Nakamoto Holdings, and Sequans Communications have all disclosed Bitcoin sales in recent weeks.

Last week, Strategy announced a Bitcoin sale worth about $216 million, adding to investor sensitivity around transfers from large institutional wallets.

Past activity has also added to the attention. Arkham Intelligence data indicates that outflows from SpaceX to unidentified wallets accelerated around the crypto market decline on Oct. 10 last year before slowing as the company’s attention turned toward its public listing.

Meanwhile, Bitcoin traded above $62,000 but remained nearly 2% lower on the day as geopolitical tensions weighed on risk assets. The decline followed renewed U.S.-Iran strikes, while President Donald Trump questioned whether the cease-fire between the two countries would hold after both sides exchanged fresh attacks.

Why has SPCX remained under pressure despite Nasdaq-100 inclusion? Selling pressure has continued in SpaceX shares even after the company secured a place in the Nasdaq-100. SPCX closed 6.83% lower at $149.47 on Tuesday after touching an intraday low of $148.86, leaving the stock below its IPO debut price and more than 25% below levels seen about a month ago. Premarket trading on Wednesday showed the shares edging up 0.49%.

Source: Yahoo Finance Nasdaq confirmed that SpaceX qualified for accelerated inclusion under revised eligibility rules that allow certain large newly listed companies to enter the Nasdaq-100 much sooner than previously permitted. The company officially joined the benchmark before the opening bell on July 7, making it one of the fastest IPOs to enter the technology-focused index.

According to JPMorgan, the index addition is expected to generate roughly $4.3 billion in compulsory buying by passive exchange-traded funds and other index-tracking portfolios that must rebalance their holdings to match the Nasdaq-100. Even with that expected inflow, investors continued taking profits after the stock’s strong rally following its market debut.

Wall Street has nevertheless remained constructive on the stock. As previously reported by crypto.news, analysts at Morgan Stanley, Goldman Sachs, and Citigroup have initiated coverage on SpaceX with higher valuation targets.

Morgan Stanley has taken the most bullish stance, assigning a $300 price target while arguing that the company’s long-term growth prospects remain intact despite the recent pullback.

According to monitoring by Onchain Lens, FalconX withdrew 73,900 HYPE tokens from Gate.io over the past seven minutes, valued at approximately $5.03 million.

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PANews July 8 news, regarding the online rumor of "Gate hacked for 1.7 million", platform founder and CEO Dr. Han posted a tweet in response: The whole story is here. After reading, you will understand some of the turbulence. Earlier, Gate's official account had already provided a complete disclosure and review of the incident.

Gate Chinese earlier stated that the online rumor "Gate hacked for 1.7 million" is not a systemic risk or a website security vulnerability, and that platform customer assets and accounts are currently safe. Gate disclosed that the user involved reset their phone and email on a new device starting July 4, and passed liveness facial verification and multiple verification codes; on July 5, again passed facial verification and submitted multiple historical transaction records from 2019 to unbind the phone number; on July 6, modified the Google Authenticator, login password, and fund password; on July 7, logged in on a historical device, passed liveness, Google Authenticator, and fund password verification multiple times, then completed 5 withdrawals to a new address, totaling approximately 49.96 ETH, 746,475 HSK and 1,565,982 USDT, and only reported the fund loss to customer service on July 8. Gate stated that all operations are traceable and verifiable, and urged users to view relevant rumors rationally.

Kim “Peyz” Su-hwan put on a clinic against G2 Esports at the 2026 Mid-Season Invitational on July 8, turning a 3-1 series loss into a personal highlight reel. For crypto watchers, the more interesting storyline sits behind the stage: T1, one of the most decorated esports organizations on the planet, has been partnered with the Sui blockchain since February 2024, and every time the team trends globally, that partnership gets another round of eyeballs.

What happened on the Rift T1 entered the MSI 2026 bracket stage as a serious contender. The organization is a three-time League of Legends world champion, and their roster rebuild heading into this season signaled ambition.

Peyz, who joined T1 on November 19, 2025, replaced the veteran Gumayusi in the bot lane role. At just 20 years old, he was asked to fill enormous shoes on one of the biggest stages in competitive gaming.

G2 Esports ultimately took the series 3-1. But Peyz’s individual performance drew widespread praise from analysts and fans alike.

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Before arriving at T1, Peyz built his resume through Gen.G Academy from 2020 to 2021 and then moved to JD Gaming in China’s League of Legends Pro League. That international experience, playing in both the LCK and LPL ecosystems, clearly prepared him for the pressure of representing T1 at a major international tournament.

T1 has him locked up through 2028.

The Sui connection and why it matters for crypto T1’s multiyear partnership with the Sui blockchain, which began in February 2024, represents a strategic bet by both parties on the convergence of gaming culture and decentralized technology.

Every time T1 plays a high-profile match, whether they win or lose, the Sui brand rides alongside. MSI is one of the two biggest international League of Legends events each year, drawing millions of concurrent viewers across global broadcast platforms.

T1’s pedigree — three world championships and arguably the most famous player in esports history in Faker — makes their partnerships carry outsized weight compared to deals with mid-tier teams.

What this means for investors Partnerships like T1 and Sui are multiyear commitments with integration components, not just billboard advertising. Trading sentiment around tokens linked to esports organizations has historically shown short-term volume spikes around tournament appearances, particularly when unexpected narratives emerge, like a young player delivering a breakout performance in a losing cause.

The risk is that brand association is not the same as utility. A sponsorship deal makes people aware of Sui. It does not inherently make them use Sui.

Investors monitoring the gaming and blockchain intersection should watch for whether partnerships like T1-Sui expand into fan-facing products such as NFT ticketing, token-gated content, or on-chain loyalty programs, and whether on-chain metrics for associated tokens show any correlation with major tournament timelines.

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

Kraken’s WEMIX listing is not just another token notice for traders who follow gaming assets. It gives the project a larger regulated venue at a time when Web3 gaming tokens are trying to prove they still have a real market beyond hype cycles.

The useful way to read this is not as a guaranteed price signal, but as a fresh piece of information in a market that is trying to sort real developments from noise. For WEMIX, the broader issue is whether gaming-linked crypto assets can regain sustained attention. The last cycle produced plenty of gaming promises but uneven delivery. Listings on major exchanges help, but they do not replace the need for actual users and durable game economies.

For more details, visit the official Kraken platform.

TL;DR Kraken opened WEMIX spot trading.The listing gives the gaming-linked token more access to professional exchange liquidity.It adds another regulated venue for a token tied to Web3 gaming infrastructure. Why the venue matters A Kraken listing can change the liquidity profile of a token because it brings access to a more professional trading audience. That does not guarantee price strength, but it can increase visibility, improve execution options, and make the asset easier for desks to track.

For WEMIX, the broader issue is whether gaming-linked crypto assets can regain sustained attention. The last cycle produced plenty of gaming promises but uneven delivery. Listings on major exchanges help, but they do not replace the need for actual users and durable game economies.

The Market Read Specify available Kraken channels from the source if AG can verify during upload.

That is the balance readers need to keep in mind. Crypto markets are quick to turn every update into a single-direction trade, but most durable stories are more layered than that. They matter because they change positioning, incentives, infrastructure, or regulation over time.

What Comes Into Focus Now From here, the important thing is follow-through. If the source data, company update, filing, or on-chain record continues to move in the same direction, this can become part of a larger trend. If it stalls, it is still useful as a snapshot of where attention is sitting today.

For traders and readers, the cleaner takeaway is to separate the confirmed development from the speculation around it. The confirmed part is what deserves coverage. The speculation is what needs caution.

For Kraken readers specifically, the story is useful because it gives a clearer frame for the next few sessions. It tells them what to watch, which part of the market is reacting, and where the first obvious risk sits. That is more valuable than simply saying a token, company, or regulator has made a move. The useful work is in connecting the update to liquidity, positioning, adoption, enforcement, or user behaviour without pretending that any single headline controls the whole market.

The practical question now is whether this remains an isolated update or becomes part of a chain of follow-through. A second filing, another wallet move, fresh dashboard data, a new governance vote, or a stronger market reaction can all turn a clean single-day story into a broader narrative. Without that follow-through, it still matters, but more as a marker of where attention was concentrated on July 8 than as a complete trend on its own.

That distinction is especially important in a market where headlines can travel faster than context. A source-backed update gives readers something firmer to work with, but it does not remove liquidity risk, execution risk, or the chance that traders fade the initial reaction once the first wave of attention passes.

In that sense, the headline is only the starting point. The better read is to watch how builders, exchanges, funds, wallets, regulators, or large holders respond after the first announcement has moved through the feed.

This report is based on information from blog.kraken.com.

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

Two projects have verified roughly 18 million humans each, by completely different methods, for the same prize: becoming the identity layer of an internet overrun by AI. Worldcoin scans irises with orbs and has Vercel, Zoom, and Tinder integrating its ID. Pi Network verified its users with documents and social trust and just opened the system for business. Both tokens are down catastrophically. Here is the honest comparison of who is positioned to win, and why the market believes neither.

Summary

Pi Network and Worldcoin have each verified around 18 million users using different approaches to build proof of human identity for the AI era. Worldcoin leads in enterprise integrations while Pi Network is betting on its new PiVerify service to create real demand for its token. Both projects face the same challenge of turning verified users into sustainable revenue as their tokens remain far below previous highs. The internet is filling up with things that are not people. By one widely circulated Fundstrat compilation, non-human accounts now generate about 75% of trading volume on Polymarket, 53% of web traffic, 47% of email, and 44% of US equity buy-side execution, and the AI agents behind those numbers are getting more convincing every quarter. In that world, the ability to cryptographically attest that an online actor is a real, unique human stops being a niche crypto experiment and becomes basic infrastructure, the kind of primitive that login systems, exchanges, dating apps, and payment rails all eventually need.

Two crypto projects have spent years and enormous resources building exactly that attestation, and by a strange coincidence they arrive in mid-2026 with almost identical headline numbers and opposite methods. Worldcoin, the Sam Altman-founded project now called World, has verified about 18 million humans by scanning their irises with a chrome device called the Orb, inside an app ecosystem claiming over 40 million users across 160 countries. Pi Network has verified more than 18 million of its users across 200-plus countries using a hybrid of document KYC, machine automation, and human validators drawn from its own community, and on June 28 it opened that system to outside businesses as a paid product called PiVerify. Both projects call the same trend their reason to exist. Both tokens have been demolished, WLD down roughly 80% over seven months at its trough and PI down about 96% from its peak to an all-time low this month.

That combination, identical scale, opposite architectures, shared narrative, mutual price collapse, makes the comparison worth doing properly. This piece sets the two systems side by side: how each verifies a human and what that method costs, who is actually integrating each ID today, how each converts verification into token demand, the privacy and regulatory exposure each carries, and the shared, unsolved problem that explains why the market currently prices both near despair.

Two answers to one question The technical question both projects answer is called proof of personhood: how do you prove that an online account belongs to a real, unique, living human, without a central authority vouching for everyone? The two answers could not be more different.

Worldcoin’s answer is biometric. A user visits an Orb, a purpose-built imaging device that scans the iris and converts it into a cryptographic code confirming uniqueness, the premise being that irises cannot be duplicated or mass-produced the way documents, phone numbers, or social accounts can. The resulting World ID lives in the World App and can be presented to any integrated service as a zero-knowledge attestation, proving humanity and uniqueness without revealing identity. The strengths are real: biometric uniqueness is the hardest possible Sybil defense, one person physically cannot enroll twice, and the zero-knowledge design means integrating services learn nothing about who the user is. The weaknesses are equally structural. Orbs are hardware that must be manufactured, distributed, and staffed, making enrollment slow and geographically lumpy; iris collection has drawn regulatory bans and investigations in multiple jurisdictions; and the whole scheme depends on trusting the device and the entity that built it.

Pi’s answer is social and documentary. Its 18 million verifications come from an in-house KYC pipeline combining automated document checks with human validators recruited from the network itself, validators who have processed over 526 million verification tasks, layered on top of the trust graph produced by Security Circles, the small groups of three to five personally known people every user vouches for, the mechanism at the heart of Pi’s consensus design. The strengths mirror Worldcoin’s weaknesses: no hardware, near-zero marginal cost, enormous geographic reach including regions no Orb will visit for years, and a verification that carries actual identity, which is what regulated businesses performing KYC legally need. The weaknesses mirror back: documents can be forged and purchased at scale in ways irises cannot, human validators are themselves a trust assumption, and a social graph is only as Sybil-resistant as its weakest circles. Where World proves you are a unique human while hiding who you are, Pi proves who you are, which makes the two products less interchangeable than the shared narrative suggests: one is anonymous personhood, the other is identity.

The adoption scoreboard Verification counts are inputs. The scoreboard that matters is who integrates each ID, because integrations are what convert a verified-human database into a business, and here the two projects are at visibly different stages.

Worldcoin’s integrations are live, external, and increasingly mainstream. World ID is being wired into Vercel’s agentic infrastructure, where the developer platform’s chief product officer frames verified digital identity as the way humans become first-class citizens of the internet again, and companies including Zoom, Tinder, Coinbase, Razer, Okta, Exa, and Browserbase are implementing proof-of-human standards using the World network. The strategic pivot announced by the World Foundation, providing identity checks for AI-agent platforms so that human verification gates agent execution, targets exactly the demand trend the Fundstrat numbers describe. None of this has rescued the token, but as evidence that external, non-crypto businesses will adopt a crypto-native identity layer, Worldcoin’s roster is the strongest that exists.

Pi’s integrations are, as of this month, an opening bid. PiVerify launched on June 28 as a KYC-and-identity service external businesses can buy, alongside Pi Sign-in, which lets third-party sites offer Pi accounts as a login, and SoloHost, which points the network’s 420,000-plus nodes at distributed AI compute. The commercially crucial detail is the billing model: third-party clients pay for PiVerify in PI tokens, making it the most direct token-demand mechanism the project has ever shipped. What Pi does not yet have is a disclosed roster of paying clients; the products are weeks old, the integrations prospective, and the market’s cold reception of the pivot reflected exactly that gap between shipped infrastructure and proven demand. Pi’s founders have also been explicit that they are entering a race with named competitors, telling the community at the mainnet anniversary that KYC-as-a-service would compete with Worldcoin and with Humanity Protocol, the palm-recognition entrant that rounds out the field.

Scored honestly: Worldcoin leads decisively on external adoption and brand-name integrations; Pi leads on reach, verification depth, and, arguably, on having a billing model that routes revenue to the token at all. Neither has disclosed revenue that would register on any income statement.

Tokenomics: two different ways to disappoint holders Both tokens have collapsed, and the mechanics of the collapses differ in instructive ways.

PI’s problem is supply. The token carries a 100 billion maximum supply against roughly 11 billion circulating, and the migration of users to mainnet plus daily unlocks continuously converts locked balances into sellable ones, over 127 million tokens in the current thirty-day window alone, with roughly 100 million entering circulation monthly on some projections into 2029. The community’s own most-wanted milestones, faster migration, bigger exchange listings, mechanically enlarge the sellable float, a supply treadmill this publication has quantified. Demand from PiVerify, priced and paid in PI, is the first mechanism that could in principle run the treadmill backward, and it starts from zero against roughly $30 million a month of new supply at current prices.

WLD’s problem has been emission against sentiment. The token spent seven consecutive months falling for a cumulative 80% before a modest recovery, and the foundation has responded on the supply side with a tokenomics revamp cutting daily token release by 43% to slow inflation. Worldcoin also carries a listed-company subplot: Eightco Holdings holds one of the largest private WLD stakes, and the token trades in the gravitational field of Sam Altman’s other ventures, with WLD watchers openly tracking the OpenAI IPO as a sentiment catalyst. Neither dynamic depends on the identity product succeeding; both illustrate that WLD’s price is, for now, a bet on narrative and scarcity engineering rather than on verification revenue.

The shared truth is uncomfortable for both: no proof-of-personhood project has yet proven that verifying humans generates token demand at a scale visible against its own supply. Worldcoin has adoption without a strong token sink; Pi has a token sink without adoption. The winner of the category, if there is one, is whichever closes its missing half first.

Privacy, regulation, and the trust question Identity infrastructure lives or dies on trust, and each architecture concentrates its trust problem in a different place.

Worldcoin’s exposure is biometric and regulatory. Collecting iris scans from millions of people, disproportionately in lower-income countries during the bootstrapping phase, has produced suspensions, investigations, and bans across multiple jurisdictions, and the objection is not hypothetical: a database of biometric uniqueness, however cleverly hashed, is a honeypot whose breach cannot be remediated, because irises cannot be reissued. The zero-knowledge presentation layer genuinely protects users from integrating services; it does not protect them from the system itself, and regulators have consistently focused on exactly that gap. Every jurisdiction that restricts Orb operations also caps enrollment, which is why World’s verified count, for all its integration momentum, sits at 18 million rather than the hundreds of millions its ambitions require.

Pi’s exposure is the mirror image: it holds conventional identity documents for 18 million people, processed partly by community validators, under the data-protection laws of 200-plus countries, and its verification depends on the honesty of both the documents and the humans checking them. Document KYC is a mature, regulated industry precisely because it fails in known ways, and Pi entering it as a vendor means competing not only with Worldcoin but with the incumbent compliance providers that exchanges and fintechs already use, firms with audit trails, insurance, and enterprise sales teams. Pi’s countervailing asset is that its verification is the legally useful kind: a business that must perform KYC cannot satisfy the requirement with an anonymous personhood proof, which walls off a segment of the market from Worldcoin entirely and gives Pi a lane where its main competitors are not crypto projects at all.

The deepest shared risk is architectural: both systems are, in practice, operated by their founding organizations, and an identity layer for the open internet run by a single company is a contradiction the crypto industry has not resolved. Whichever project first makes its verification genuinely decentralized, auditable, and portable will have an argument the other cannot copy quickly.

The third contenders, and the decentralization question Framing the race as a duel flatters both duelists, because the proof-of-personhood field is wider than two projects and the strongest long-term objection applies to the whole crypto side of it.

Humanity Protocol is the most direct third entrant, attacking the same problem with palm-recognition biometrics converted into zero-knowledge proofs, a design that tries to keep Worldcoin’s uniqueness guarantee while shedding the iris scan’s visceral regulatory baggage; palms feel less dystopian than eyes, and the hardware is cheaper. The project earned a top-tier valuation on exactly that pitch before a major hack earlier this year damaged both its token and its credibility, a reminder that identity infrastructure carries security stakes ordinary DeFi does not: a lending protocol that gets exploited loses money, while an identity protocol that gets exploited loses the only thing it sells. Beyond Humanity sit the non-token approaches that may matter more than any of the coins: government digital-identity schemes advancing across the EU, India, and elsewhere; device-level attestation from Apple and Google that can silently prove a real human holds real hardware; and the incumbent KYC industry, which processes more verifications in a quarter than all crypto identity projects have performed in their lifetimes and which will integrate whatever standard wins instead of losing its enterprise contracts.

Against that field, the crypto projects’ shared pitch is portability and user ownership: a credential the user controls, presentable anywhere, revocable by no platform, and that pitch collides with an awkward fact about how both leaders are actually built. World ID issuance depends on hardware manufactured, distributed, and updated by one foundation; Pi’s verification depends on a pipeline operated by one core team, with validator rewards, KYC rules, and the trust graph’s parameters all set centrally. Neither credential is meaningfully portable outside its issuer’s ecosystem today, neither verification process is independently auditable end to end, and both projects therefore ask users and integrators to trust a company in exactly the way decentralized identity was supposed to make unnecessary. The objection is not fatal, every young network centralizes before it decentralizes, if it ever does, but it defines the endgame: the durable version of proof-of-personhood is a standard, not a product, and standards historically get captured by consortia, regulators, or platform owners rather than by the startup that shipped first. The scenario in which one of these tokens captures the category’s full value requires its issuer to decentralize the credential before a consortium standardizes around something else, and neither team has published a credible roadmap for doing so.

There is also a quieter question about what the tokens are for at all. World ID could function identically if WLD did not exist; PiVerify’s pay-in-PI model is the exception that proves how rare a genuine token sink is in this category. Identity is infrastructure, infrastructure gets paid for in dollars, and every integrator that would rather invoice in fiat than hold a volatile token is a small vote against the thesis that verification demand must flow through a coin. The projects’ answer, that tokens bootstrap distribution no dollar-denominated startup could match, is historically respectable; forty million app downloads and a fifty-million-strong mining community are things marketing budgets cannot buy. Whether bootstrapped distribution converts into token value is the open question this entire market has spent 2026 answering in the negative, and it is the question the next disclosed PiVerify client or World ID enterprise deal will begin to answer properly.

The demand curve both are racing Step back from the two projects and look at the market they are racing toward, because the size and shape of proof-of-human demand is what determines whether either token’s collapse is a terminal verdict or a mispricing.

The demand is arriving from three directions at once. The first is platform integrity: every consumer service that matches humans to humans, dating apps, marketplaces, social networks, gig platforms, is watching AI-generated accounts erode the assumption its product depends on, and Tinder and Zoom appearing on Worldcoin’s integration roster is early evidence that mainstream platforms will pay for a fix. The second is agentic infrastructure: as AI agents gain wallets and act autonomously, the systems they act through need a way to distinguish an agent operating for a verified human from an agent operating for nobody, which is exactly the gate Vercel is building World ID into and exactly the future in which autonomous agents transacting on-chain stops being a demo and becomes traffic. The third is regulatory: financial services must already verify identity by law, the compliance-KYC market runs to billions of dollars annually, and it is the one segment where demand does not need to be evangelized, only won from incumbents.

Each direction favors a different architecture, which is the subtlest reason the Pi-Worldcoin comparison resists a clean winner. Platform integrity mostly needs uniqueness, favoring the orb’s anonymous personhood. Regulated finance needs identity, favoring Pi’s document-based verification. Agentic infrastructure needs both, plus programmability, plus the neutrality that neither a Sam Altman-adjacent foundation nor a single core team obviously provides. It is entirely coherent to believe the proof-of-human market becomes enormous and that it fragments along these lines, with different providers winning different segments and no single token capturing the category premium the maximalists on each side imagine.

The scale question also deserves sober treatment. Eighteen million verified humans sounds vast until it is set against the systems that would rely on it: the internet has more than five billion users, the largest platforms count billions of accounts each, and a verification layer that covers well under one percent of the online population is a proof of concept, not a standard. Worldcoin’s hardware throttle and Pi’s validator throughput both cap how fast the coverage gap closes, and the gap is the opening through which non-crypto competitors, government digital-ID schemes, Apple and Google device attestation, the incumbent KYC industry, can walk while the two crypto projects fight each other. The bull case for the whole category requires believing that a decentralized, portable, user-owned credential beats those alternatives on trust and reach; the bear case requires only that platforms choose the vendors they already have contracts with.

What the demand curve does settle beyond argument is direction. The Fundstrat-style non-human-share numbers only rise from here, every quarter of AI progress makes synthetic accounts cheaper and detection harder, and the willingness of names like Coinbase, Okta, and Zoom to integrate a crypto-native ID in 2026 would have been unthinkable in 2023. The market both projects are racing toward is real and growing. The race itself, on the evidence of two collapsed token charts, has barely produced a first lap time, and the broader pattern of engagement-first token models struggling to convert attention into demand hangs over both contestants as the thing each must disprove.

Who wins, and what would prove it The comparison resolves into a clean asymmetry. Worldcoin has solved distribution to businesses and not to humans: its integrations are enviable, its enrollment is hardware-throttled, and its token lacks a demand mechanism tied to usage. Pi has solved distribution to humans and not to businesses: its verified base was built at software speed across geographies Orbs cannot reach, its token has a direct pay-in-PI sink, and its client roster is currently a promise. The projects are, in effect, attacking the same fortress from opposite walls, and the Fundstrat-style demand data suggests the fortress is worth taking: proof-of-human is one of the few crypto narratives whose underlying demand is growing regardless of crypto’s own cycle.

The scoreboard to watch is short and public. For Pi: named external clients paying for PiVerify, PI-denominated revenue visible on-chain, and Pi Sign-in appearing on services outside the Pi ecosystem. For Worldcoin: enrollment growth resuming despite regulatory friction, the emission cut showing up in float math, and World ID integrations converting from announcements into measurable verification volume. For both: any move toward decentralizing the verification layer itself, and any sign that a major platform mandates proof-of-human at scale, the single event that would reprice the entire category overnight.

The market’s current verdict, two tokens near their lows, is not a judgment that the problem is fake. It is a judgment that neither solution has yet earned the problem’s value, and on the evidence assembled here, that verdict is harsh but fair. Eighteen million verified humans, twice over, is a remarkable foundation. It is also, for now, exactly that: a foundation, on which the internet’s identity layer may be built by one of these projects, both, or, as the incumbent compliance industry would quietly insist, neither.

A closing thought on timing. Categories like this one tend to have long quiet periods and then a forcing event, a platform mandating verification at scale, a regulator blessing one credential format, a breach that discredits an architecture overnight, and the forcing event, when it comes, will reprice both tokens in hours on positioning built over years. Worldcoin is positioned for a world that mandates anonymous uniqueness; Pi is positioned for a world that mandates portable identity; the likeliest world mandates both in different places, which is the quiet argument that this war ends not with a winner but with a border. Investors treating either token as a lottery ticket on the whole category should at least know which half of the category their ticket covers.

And for holders of either token, the practical checklist is mercifully short: one disclosed enterprise client with a dollar figure attached, one quarter of verification revenue visible in either ecosystem’s accounts, one integration that a non-crypto user actually encounters in the wild. Until at least one of those exists on either side, every price move in WLD and PI is sentiment trading a story, and the story, for all its genuine promise, remains one that neither project has yet made anyone outside crypto pay for.

The safest forecast in the whole comparison is the boring one: both projects will still be here in two years, because both hold the one resource that does not bleed away with a token chart, a verified human base that took years to assemble and that no competitor can replicate quickly. What their tokens will be worth depends on conversions neither has yet made, but the underlying registries, 18 million identities each, are assets in the plain business sense, and assets of that kind tend to find their buyer, their partner, or their business model eventually, even when their first custodians do not.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Digital asset markets are volatile and you can lose your entire investment. Figures are current as of July 8, 2026, and may change. Always do your own research.

Sneha Agrawal

With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Block of Fame, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.

The escalating tensions between the United States and Iran have intensified following the collapse of a ceasefire, as reported by Business. The situation has been exacerbated by the U.S. rescinding oil waivers and conducting strikes on Iranian targets, prompting Iran to shut the Strait of Hormuz to maritime traffic. This development has led to heightened military readiness, with the U.S. deploying a Carrier Strike Group and massing forces within range of Iran, indicating a potential shift from diplomatic efforts to a broader military campaign. These actions appear to be in response to recent drone attacks attributed to Iran and have raised the stakes for potential regime change.

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Key Takeaways Market activity suggests increased likelihood of a full Iranian airspace closure, with pricing for a July 31 closure rising from 8% to 20.5% over the past 24 hours. The escalation of military activities, including the deployment of U.S. forces, appears consistent with scenarios where Iran could implement a full airspace closure. Observations indicate that the current geopolitical climate may influence further increases in market pricing for airspace closure by the end of August, currently at 27%. What to Watch The next developments to monitor include any official statements from the Civil Aviation Organization of Iran regarding airspace status, as well as potential de-escalation efforts by the U.S. A confirmed closure of Iranian airspace, as indicated by NOTAMs or state broadcasts, would be a key indicator supporting a YES outcome in the market. Conversely, any indications of resumed diplomatic engagements or partial reopening of airspace segments could suggest a shift away from a full closure scenario.

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

Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70%…

Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70% margin call and 85% automatic partial liquidation that apply to Strike's standard bitcoin loan.

Collateral stays untouched no matter how far bitcoin's price falls, Strike says, as long as the borrower keeps making payments. Missing an interest or maturity payment still triggers a 10-day grace period, after which Strike can partially liquidate collateral to cover what's owed.

What Borrowers Give UpThe protection comes at a cost. Volatility-proof loans cap initial LTV at 45%, versus 50% on Strike's standard product, cutting how much a borrower can draw against the same collateral, according to the FAQ. A borrower posting $100,000 in bitcoin can access $45,000, down from $50,000, per Bitcoin.com's reporting.

Terms shrink to six months from twelve, rates carry a roughly 2.95-percentage-point premium over the standard 7.49%-11.25% APR range, and borrowers cannot retrieve collateral mid-term or switch a loan into or out of the structure once it's originated, Strike's FAQ states.

Mallers' PitchMallers announced the product on X, writing "No margin calls. No price liquidations. No matter how far bitcoin falls, your bitcoin doesn't move," according to Bitcoin.com. He clarified the product removes market risk, not repayment risk: "That's why we call it 'volatility-proof,' not 'liquidation-proof.'"

The launch follows criticism of Strike's lending practices last year, when on-chain analyst Willy Woo called out Mallers over risk in the standard loan structure. Strike's standard loans, launched in May 2025, remain available alongside the new product, which is offered only in select US states, excluding California, New York and Texas, Bitcoin.com reported.

Michael Saylor: Concerns over Bitcoin block space shortage are gradually easing, while global transfers still maintain low fees.

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Sources: Iran will close the Strait of Hormuz if the US launches an attack.

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BNP Paribas: Merger between Tesla and SpaceX is far from imminent

BNP Paribas analysts have expressed doubt over the recent possibility of a merger between Tesla and SpaceX. "The massive cash burn and significant regulatory risks of both companies complicate a potential merger between SpaceX and Tesla," they stated. The investor sentiment for Tesla, which has improved amid merger speculation, may be overly optimistic, and the analysts maintained their "underperform" rating and $280 target price for the firm. "We are concerned that Tesla will face daunting KPIs in its robotaxi and Optimus businesses over the next two years, which will pose downside risks to its core operations before any SpaceX merger is actually realized."

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Trump: Will See If He Can Continue Keeping Oil Prices Low, Notes That Oil Prices Should Remain Low

US President Trump said, "We will see if we can continue to push oil prices lower. We should maintain low oil prices."

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Senior Iranian official: We have unused options at our disposal, including blocking the Strait of Mandeb.

According to Iranian media outlet Fars News, Rezaei, spokesperson for Iran's Parliamentary National Security Commission, stated: "In future confrontations, the enemy will face a comprehensive and sudden strike from Iran. Iran has numerous options that have not been deployed during the 40-day war, including withdrawing from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), revising its 'nuclear strategic doctrine', and blocking the Bab el-Mandeb Strait outside the Strait of Hormuz. The proposal to withdraw from the NPT is already pending review in parliament; should Iran face an existential threat, revising the 'nuclear strategic doctrine' can also be put on the agenda."

49 minutes ago

Quick Overview Intel shares plunged 9.66% Tuesday, settling at $110.39 Year-to-date performance remains exceptional at +286%, with July gains at 21.7% HSBC leads Wall Street with $200 price target; BofA projects $160 Second quarter 2026 results scheduled for July 23, with revenue outlook of $13.8B–$14.8B Previous quarter saw Intel surpass EPS forecasts by $0.28, delivering $0.29 versus $0.01 consensus Intel Corp. (INTC) experienced a sharp 9.66% decline Tuesday, settling at $110.39, as market participants capitalized on recent gains following an unprecedented rally. The absence of new catalysts Tuesday prompted widespread profit-taking activity.

Intel Corp., INTC

The selloff follows an extraordinary 286% climb year-to-date, fueled primarily by surging demand for AI-focused semiconductor products. Despite Tuesday’s correction, INTC maintains a robust 21.7% advance for July.

Analyst outlook continues to skew optimistic despite the downturn. HSBC established Wall Street’s highest price objective at $200, doubling its prior $100 forecast, highlighting AI server processors and foundry operations as primary growth catalysts.

Bank of America similarly elevated its price target by 18.5%, advancing from $135 to $160, while maintaining its buy recommendation. New Street Research contributed a 22% increase, lifting its forecast from $100 to $122.

However, bearish voices persist. JPMorgan maintains an underweight stance with a $45 projection, while consensus analyst estimates average $96.69 with a “Hold” rating — significantly beneath current trading levels.

Second Quarter Results Set for July 23 Release Market attention now pivots to July 23, when Intel unveils Q2 2026 financial results. Management projects revenue spanning $13.8 billion to $14.8 billion, representing year-over-year expansion of 7% to 14.7% compared to Q2 2025’s $12.9 billion.

Diluted EPS guidance stands at $0.08, marking a dramatic reversal from the $0.67 loss recorded in the comparable year-ago period.

Previous quarter results saw Intel decisively exceed projections — posting $0.29 EPS versus consensus expectations of merely $0.01. Revenue reached $13.58 billion, surpassing analyst forecasts of $12.32 billion by more than $1.2 billion.

Institutional Ownership Shows Mixed Signals Institutional positioning reveals divergent strategies. Jericho Financial LLP reduced its Intel stake by 12.3% during Q1, liquidating 14,755 shares and retaining 105,013 shares worth approximately $4.63 million.

Conversely, several firms expanded exposure. Resonant Capital Advisors increased its holdings by 33.4%, while Flatrock Wealth Partners and Horst & Graben Wealth Management established fresh positions throughout Q1. Institutional ownership currently represents 64.53% of outstanding shares.

Regarding insider transactions, EVP April Miller Boise divested 40,256 shares May 1 at an average $99.53, totaling approximately $4 million — representing a 27.7% stake reduction.

Intel’s 50-day moving average rests at $117.30, above current pricing, while the 200-day moving average stands at $72.32. The stock’s 52-week trading range spans $18.97 to $142.35.

Market capitalization presently totals $554.82 billion, featuring a debt-to-equity ratio of 0.34 and current ratio of 2.31.

HSBC’s Wall Street-leading $200 target represents the most bullish Street forecast, with the firm citing enhanced 18A manufacturing yields and accelerating foundry traction as factors supporting further upside potential.

Key Takeaways Alibaba’s American Depositary Receipts climbed 11% in premarket sessions on Wednesday, reaching $109.38 A pre-earnings analyst briefing revealed that the company’s instant-commerce division is experiencing reduced losses Hong Kong’s Hang Seng Tech Index surged approximately 5%, while Tencent and JD.com both gained around 4% South Korea’s KOSPI tumbled 5.4% as capital flowed away from semiconductor stocks including Micron and SK Hynix Nasdaq 100 futures declined 1.1% amid concerns over deteriorating U.S.-Iran cease-fire conditions Alibaba’s American Depositary Receipts rocketed 11% to $109.38 during Wednesday’s premarket session, representing the stock’s most significant single-session rally in Hong Kong trading since September.

Alibaba Group Holding Limited, BABA

The driving force behind this surge was an analyst briefing conducted ahead of the company’s official earnings release. According to Chinese media outlet Jiemian News, Alibaba informed analysts that its rapidly expanding instant-commerce segment experienced narrowing losses during the June quarter, while the company maintained stable profitability across its operations. Market participants responded enthusiastically to these developments.

Shares traded in Hong Kong jumped as much as 12.5% during peak trading, positioning the stock among the strongest performers on the Hang Seng Tech Index, which rallied approximately 5%.

This wasn’t an isolated Alibaba phenomenon. JD.com climbed 3.8%, Baidu advanced 6.4%, and Tencent posted gains of nearly 4%. Chinese technology giants, which had underperformed throughout much of 2026, suddenly recaptured investor interest.

Capital Reallocation Dynamics The larger narrative involves a meaningful shift in capital allocation patterns. Throughout recent months, artificial intelligence investment themes concentrated heavily on semiconductor manufacturers — especially South Korean companies like SK Hynix and American giant Micron. These equities fueled substantial gains in Korea’s KOSPI index and Taiwanese markets.

Wednesday reversed that trend dramatically. The KOSPI plunged as much as 5.4% as capital rotated away from chip-heavy markets. Micron declined 4.7%, while SK Hynix dropped 5.7%.

Market participants appear to be seeking more attractive valuations within the AI investment theme. Chinese internet companies, which had tumbled into bear market territory in Hong Kong, present lower price-to-earnings multiples compared to their elevated U.S. and Korean peers.

Contributing to the optimistic sentiment surrounding Chinese AI capabilities: Reuters disclosed that DeepSeek is developing proprietary chip technology to support AI infrastructure. The Information separately reported that Zhipu is evaluating the design of its own AI processors — indications that China’s artificial intelligence sector is advancing into hardware development.

American Technology Sector Faces Headwinds While Chinese technology stocks attracted buying interest, American markets indicated weakness. Nasdaq 100 futures fell 1.1% after President Trump suggested the cease-fire arrangement between the United States and Iran may be unraveling. Rising oil prices unsettled investors across multiple sectors.

Alibaba’s ADRs had experienced significant pressure throughout 2026, declining 33% year-to-date prior to Wednesday’s rally. The weakness stemmed from investor anxiety regarding the company’s substantial expenditures on artificial intelligence infrastructure, including its Qwen large-language model, which management has positioned as a competitor to ChatGPT.

A Barron’s analysis published Monday contended that Chinese AI enterprises are strategically positioned to compete effectively, highlighting the comparatively low pricing of their chatbot services relative to offerings from OpenAI, Anthropic, and Alphabet.

Alibaba is scheduled to release comprehensive earnings results within the coming days. Wednesday’s preliminary briefing indicated that financial results, particularly regarding profitability metrics, may exceed conservative expectations.

The Hang Seng Tech Index had previously entered bear market territory earlier this year due to declining confidence in Chinese e-commerce operations and apprehensions about China’s macroeconomic conditions.

TLDR Exxon Mobil shares gained approximately 3% during Wednesday’s pre-market session following the company’s projection of a roughly $5 billion second-quarter earnings increase Escalating tensions from the U.S.-Iran conflict drove Brent crude to a Q2 average of $96.68 per barrel, representing a 23% sequential increase The company anticipates upstream profit gains of roughly $1.6B alongside refining earnings improvements of approximately $2.6B, though partially mitigated by nearly $1B in conflict-related operational losses Following President Trump’s announcement at the NATO Summit that the Iran ceasefire has ended, oil prices jumped higher, propelling ConocoPhillips up 3.6% and Chevron up 2.7% Analyst consensus forecasts Q2 EPS at $3.63 versus $1.64 in the prior-year period; the stock holds a Moderate Buy rating with an average analyst price target of $172.78 Shares of Exxon Mobil (XOM) advanced approximately 3% in Wednesday’s pre-market hours following the energy giant’s regulatory filing that indicated substantial second-quarter profit growth.

Exxon Mobil Corporation, XOM

The disclosure revealed an anticipated earnings increase of approximately $5 billion relative to the first quarter, propelled by elevated crude oil prices stemming from the U.S.-Israeli military engagement with Iran and strengthening refining profitability.

During the three-month period ending in June, Brent crude oil averaged $96.68 per barrel, marking a 23% climb from the previous quarter. In April, prices peaked at $109.27 per barrel — the highest level witnessed since 2022.

The company’s upstream operations are projected to deliver a profit enhancement of roughly $1.6 billion based on midpoint guidance, while its refining division is expected to contribute an additional ~$2.6 billion stemming from timing impacts related to derivative contract positions.

Additionally, Exxon anticipates recognizing nearly $2.6 billion in earnings from derivative instruments linked to physical hydrocarbon deliveries — a dramatic turnaround from the multi-billion dollar loss the company absorbed during Q1 from comparable hedging strategies.

What’s Driving the Oil Price Surge The Middle Eastern military confrontation, which commenced in February, effectively paralyzed operations through the Strait of Hormuz for extended periods. This critical maritime passage handles approximately one-fifth of worldwide oil transportation, and its disruption introduced significant geopolitical risk into energy markets.

On Wednesday, oil prices experienced another sharp rally after President Trump declared at the NATO Summit that the ceasefire agreement with Iran has concluded. This announcement immediately impacted the entire energy sector.

Competing oil majors experienced similar momentum. ConocoPhillips shares climbed 4.69% while Chevron advanced 3.52% during concurrent pre-market trading.

Conflict-related operational interruptions are projected to reduce Exxon’s combined upstream and downstream performance by approximately $1 billion during the quarter — a notable headwind, though substantially overshadowed by favorable pricing dynamics.

What Analysts Expect Wall Street consensus projections call for Q2 adjusted earnings of $15.7 billion, approximately triple the first-quarter figure, according to LSEG data. Earnings per share are anticipated at $3.63, representing an increase from $1.64 during the comparable quarter last year.

Exxon presently holds a Moderate Buy consensus rating among Wall Street analysts, supported by 14 Buy recommendations and 5 Hold ratings.

The consensus price target stands at $172.78, suggesting approximately 22% potential upside from current trading levels. Year-to-date, the stock has already appreciated 19%.

These substantial profit projections may attract political scrutiny. President Trump has consistently urged energy companies to increase efforts toward reducing gasoline costs for American households.

British energy major Shell similarly highlighted strong Q2 trading performance on Tuesday, attributing gains to elevated oil prices — though market observers noted these benefits could diminish if Middle Eastern tensions subside.

Exxon is scheduled to release complete second-quarter financial results on July 31.

Key Highlights Evercore ISI lifted OXY from Underperform to Outperform, increasing the price target from $58 to $65. Brent crude jumped 6% to reach $78.50 per barrel following U.S. military action against Iran. President Trump announced the U.S.-Iran peace framework was “over” before a NATO gathering. OXY shares gained approximately 3.8% in pre-market hours as broader indices declined. Evercore projects approximately 8% yearly free cash flow per share expansion until 2030. Occidental Petroleum (OXY) delivered a robust performance Wednesday morning, gaining close to 3.8% during pre-market hours. The rally stemmed from two catalysts: a significant rating upgrade from Evercore ISI and a substantial jump in global crude prices.

Occidental Petroleum Corporation, OXY

Evercore made a dramatic shift in its stance on OXY, elevating the rating from Underperform directly to Outperform—a notable two-level jump. The firm simultaneously lifted its price objective from $58 to $65. Analysts cited reduced debt levels and improved capital allocation efficiency as primary drivers for the revised outlook.

The shares had declined approximately 15% during the preceding month, creating more appealing entry points for investors ahead of this rebound. Wells Fargo maintained its Buy recommendation on OXY earlier this month as well.

Trading at $52.88 in pre-market activity, OXY stood roughly 1.6% above its 20-day moving average, though remaining beneath both the 50-day and 100-day moving averages. The relative strength index registered 45.33.

Critical resistance levels appear around $61, while support holds near $52.50, aligned with the 20-day simple moving average.

Brent Crude Rallies on Middle East Military Action Brent crude spiked 6% to reach $78.50 per barrel on Wednesday, based on Trading Economics data. The rally followed U.S. Central Command’s announcement of military strikes targeting Iran, justified by attacks on commercial vessels in international shipping lanes.

President Trump, addressing reporters in Ankara before a NATO gathering, declared the memorandum of understanding with Iran was “over.” This statement effectively terminated the temporary ceasefire arrangement between the nations.

University of Michigan economist Justin Wolfers offered a straightforward assessment on X: “Trouble in Iran = Turmoil in global energy markets = Expect higher gas prices to follow.”

OXY demonstrates greater sensitivity to crude price fluctuations compared to many industry competitors, making Wednesday’s oil market surge a significant positive catalyst for the shares.

Evercore’s Extended Timeline Outlook for OXY Evercore’s rating change extended beyond immediate oil price dynamics. The investment firm presented a multi-year investment case, projecting free cash flow per share expansion of roughly 8% annually through 2030. This forecast assumes West Texas Intermediate crude maintains $75 per barrel pricing and production volumes remain relatively stable.

The 8% growth projection does fall short of the approximately 20% compound annual growth Evercore anticipates for competitors including Chevron (CVX), ConocoPhillips (COP), EOG Resources (EOG), and Diamondback Energy (FANG). However, Evercore contends that OXY’s reduced drilling expenses and slower base production decay diminish its maintenance capital requirements, supporting enhanced cash generation over extended periods.

The firm additionally anticipates OXY will resume share buyback programs during the latter half of 2028.

Meanwhile, broader equity markets moved in the opposite trajectory. The S&P 500 declined 0.5%, the Dow retreated 0.3%, and the Nasdaq tumbled 1.2% as geopolitical uncertainties pressured investor sentiment. Nasdaq futures dropped 1.32% while S&P 500 futures fell 0.89%.

Analysts maintain projections for year-over-year earnings improvement at OXY for the ongoing quarter.

XRP remains under pressure across both the USDT and BTC pairs, with sellers continuing to control the broader trend despite several short-lived recovery attempts. While the USDT chart shows buyers defending an important support area, the XRP/BTC pair continues to trade near multi-month lows, highlighting the token’s persistent relative weakness against the market leader.

Ripple Price Analysis: The USDT Pair On the daily timeframe, XRP continues to trade inside a well-defined descending channel, keeping the broader market structure firmly bearish. It remains below the 100-day and 200-day moving averages, both of which are sloping lower and acting as dynamic resistance above $1.25. This alignment suggests that momentum still favors sellers unless a meaningful trend reversal develops.

After losing the $1.25 level in early June, XRP found demand around the critical $1 region, where buyers have repeatedly stepped in to prevent further downside. This zone has now become the most important support to monitor. As long as it holds, the market could continue forming a short-term base.

On the upside, the first major resistance sits around $1.25. As mentioned earlier, this area also coincides with the descending 100-day moving average and the higher boundary of the channel, making it a significant hurdle for any sustained recovery. A successful breakout above this region would expose the 200-day moving average around $1.45, while losing the $1 support could accelerate another leg lower toward the channel’s lower trendline around $0.80.

Meanwhile, the RSI has been making higher lows despite the price making lower lows near $1, creating a developing bullish divergence. Although this does not confirm a reversal on its own, it suggests that bearish momentum might be exhausted and that buyers could attempt another recovery if resistance levels begin to weaken.

The BTC Pair Against Bitcoin, XRP continues to paint a weaker technical picture. Again, the pair remains below both major moving averages, which continue to trend lower and reinforce the long-term bearish structure.

After several weeks of sideways trading, XRPBTC is once again testing the key horizontal support around 1,700 sats. This level has acted as the floor for the recent consolidation, and another breakdown attempt is now underway. A confirmed daily close below 1,700 sats would likely invalidate the current range and increase the probability of an extension toward the next major demand zone around 1,450 to 1,500 sats.

To regain bullish momentum, buyers first need to reclaim the 1,850 sats resistance area, which also aligns closely with the declining 100-day moving average. Until then, every rally continues to appear corrective within the broader downtrend, which could lead to more depreciation for XRP against Bitcoin.

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Trump Memecoin Crash: Investors Lose $3.8 Billion as TRUMP Token Falls 98%

Cashcat (CASHCAT), a memecoin based on Robinhood Chain, experienced one of the most remarkable surges in the cryptocurrency market today. The token, which gained significant momentum in the last 24 hours, increased its price by over 1,900%, surpassing the $0.13 level. According to CoinMarketCap data, CASHCAT was trading at approximately $0.134 at the time of writing, with a market capitalization of around $134 million.

The token’s upward movement gained momentum in the early hours of July 8th. According to market assessments, this sharp rally is driven by the project’s association with the Robinhood brand and speculation that it may be listed on the platform in the future. The Robinhood connection, in particular, was heavily discussed on social media and community channels, quickly increasing interest in memecoin.

In the cryptocurrency market, memecoins are often driven more by community interest, social media influence, and speculative expectations than by fundamental data. The rise of CASHCAT stands out as a recent example of this dynamic. The token’s value increasing by up to 16 times in a single day has attracted the attention of short-term traders, but it also brings with it the risk of high volatility.

CASHCAT, whose market value quickly surpassed $100 million, joined the ranks of projects that attracted rapid capital inflow despite having a low starting level. However, experts remind us that such sudden price movements may not be permanent and that rallies in the memecoin market often end in sharp corrections.

Analysts emphasize that expectations regarding a potential Robinhood listing are a key factor in CASHCAT’s performance, but such expectations are not yet officially confirmed. Therefore, investors should carefully consider liquidity, trading volume, project structure, and potential correction risks before getting carried away by the excitement generated by the strong rally.

*This is not investment advice.

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