A person can have money yet remain unable to use it because those dollars sit in an account controlled by someone else. The local currency is worth a little less by the weekend. Sending it across a border takes days and loses a cut at every stop. Roughly 1.4 billion adults are unbanked (World Global Finance Findex), and hundreds of millions more hold accounts exposed to inflation, currency controls, and frozen deposits. The money is real, but the system was never built for them.
Hesab built a banking framework that changes this system. It runs on a phone, works on a twenty-dollar handset, and needs no branch and no paperwork. Users hold their own keys, so the balance belongs to them and not to Hesab. They can hold dollars, send them to anyone, spend them on a ubiquitous global card network, and cash in or out through a local agent. Founded in 2018, Hesab now processes $160 million a month across more than a million transactions for users in over 160 countries. Its next expansion targets markets in the Global South, corridors across Africa and the Middle East.
What Hesab needed was a settlement layer that could move that money as fast as it promised users, without parking billions in pre-funded capital to fake the speed.
What the old rails costRemittances to low and middle-income countries reached $685 billion in 2024 (World Bank/KNOMAD). Most of that still moves through correspondent banking, which takes two to five days to clear and charges a global average of 6.36% per transfer (World Bank Remittance Prices Worldwide). The delay and the fee come from the same place. To settle a cross-border payment fast, a provider has to pre-fund an account in the destination market and let money sit there idle, waiting. Someone pays for that idle capital. The sender does, every time, in the spread and the wait.
That model has not materially changed in fifty years. It was designed for banks moving large sums between financial centers, not for a worker sending two hundred dollars home every month. The people who send the most frequent, smallest transfers pay the highest effective rate for the privilege.
Where Movement comes inMovement is the stablecoin settlement and yield layer built for these markets, with access to licensed payment rails across the United States, Canada, and the European Union. It settles in real time, sub-second, and removes the pre-funded float and the correspondent bank chain behind it. That regulated footprint is what separates it from networks that can move stablecoins but cannot touch compliant fiat on and off ramps. Hesab is the first major platform to build its bank on that infrastructure.
The stack behind the bankDFNS provides the wallet infrastructure, so Hesab can issue millions of non-custodial wallets at scale and users hold their own keys without managing seed phrases. Movement settles the stablecoin transactions across corridors. Circle's CCTP moves native USDC across blockchains. Tether supplies USDT liquidity in corridors where it is the preferred dollar. Licensed ramp partners connect users to cash-in and cash-out points across Hesab's markets.
"Money should move at the speed of trust. Instantly, without permission, across any border," said Sanzar Kakar, Chairman of Hesab.
Consider a worker abroad who opens Hesab and funds the account through one of the twenty-plus channels Hesab supports, whether it’s by bank transfer, card, or Apple Pay. That balance is held as dollar-denominated stablecoins, USDC or USDT, in a wallet only the user controls. They tap send. The transaction settles on Movement in less than a second, not days, with no float parked in the middle to make it feel fast. The recipient chooses what the money becomes. They can hold it in dollars, spend it directly on a global issued card, or convert to local currency and collect cash through an agent. The recipient gets the money in their own account, on their own phone, the same day.
Why self-custody matters hereMost banking for the underbanked keeps custody with the provider. The user gets an app, but the balance stays on the company's books. Hesab inverts that. It’s a self-custodial wallet at its core: the keys live on the user’s device. Leave Hesab tomorrow, and the money is still yours. That design answers the exact problem those users have lived with their whole lives: accounts that freeze, currencies that get controlled, institutions that cannot be trusted with the balance. A bank you fully own removes the middleman from the one relationship that matters most.
One settlement layer, every corridorHesab's bank goes live for users across the Global South, starting in Africa and the Middle East. Every stablecoin transaction in it settles on Movement. As Hesab opens new corridors, the layer underneath does not change. That is the point of building on infrastructure instead of stitching rails together market by market. Hesab handles the customer. Movement moves the money.
Move is for Money.This post is informational only and does not constitute an offer or solicitation of any digital asset, security, financial instrument, investment product, or stablecoin, or financial, investment, legal, or tax advice. Hesab's products and services are operated solely by Hesab, subject to Hesab's terms and applicable law. Products built on Movement Network by independent partners are operated by those partners subject to their own terms, eligibility criteria, and jurisdictional availability, and may not be available to US persons or in jurisdictions where prohibited. Product and performance descriptions reflect publicly available information and have not been independently verified. Forward-looking statements reflect current expectations and are not guarantees.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Tiger Brokers upgrades Coinbase's rating to "Buy", sets target price at $200.
Tiger Brokers has upgraded its rating on Coinbase from "Hold" to "Buy" and set a $200 price target. The firm stated that after a sharp pullback earlier, the risk-reward ratio has improved, Bitcoin’s toughest bear market phase may be over, and a new cryptocurrency market cycle is expected to kick off, fueled by recovering liquidity, rising institutional demand, and improved risk appetite.
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SpaceX's listing has driven record highs in tokenized stock trading, with on-chain transaction volume reaching $3.86 billion in June.
Driven by SpaceX's record IPO, on-chain tokenized stock trading volume surged 145% month-over-month in June to $3.86 billion, hitting an all-time high. Of this total, trading volume for tokenized SpaceX stock (ticker: SPCX) reached $1.19 billion, accounting for 31% of the monthly tokenized stock trading volume. The SPCX token issued by BlackRock Securities saw $1.08 billion in trading volume, the market's most active product, while SPCXx from xStocks recorded $852 million. The total market capitalization of the tokenized stock market rose to $1.53 billion in June, up 6.64% month-over-month, marking the 15th consecutive month of growth. While popular assets like Nvidia and Tesla remain actively traded, market attention has clearly tilted toward SpaceX.
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U.S. SEC Releases 2026 Regulatory Agenda, Proposes Revisions to Rules for Crypto Trading Platforms and Brokers
U.S. SEC releases its 2026 regulatory agenda, with plans to advance crypto asset regulatory reform by the end of this year. The agency intends to revise multiple rules applicable to broker-dealers and crypto trading platforms, including adjusting brokers’ minimum liquid capital requirements, customer asset protection standards, and record-keeping provisions, to clarify how these rules apply to crypto assets. Meanwhile, the SEC also plans to revise the regulatory framework for trading platforms and explore launching "safe harbor" and regulatory exemption mechanisms related to crypto asset issuance, custody, and trading—aiming to provide clearer regulatory guidance for the market while continuing to crack down on illegal activities. The SEC notes that the new rules are designed to enhance market certainty, boost capital formation and innovation, and ensure adequate investor protection. This direction aligns with the industry-friendly regulatory path SEC Chairman Paul Atkins has pursued since taking office, marking a sharp contrast to the law enforcement-dominated regulatory approach of former Chairman Gary Gensler.
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The $9.9 billion stock swap deal between Naver and Dunamu has been delayed again until the end of the year, as South Korea’s digital asset law remains unresolved.
Naver Financial and Dunamu have delayed the completion of their full stock swap transaction to December 31, marking the second postponement of the deal. The transaction, which aims to integrate Dunamu—operator of South Korea’s largest crypto exchange Upbit—into Naver Financial, was originally scheduled to close on September 30. Dunamu unveiled the new timeline on the 6th via a corrected disclosure of documents first submitted last November, with unfinished digital asset legislation and pending antitrust review cited as key variables. The company has pushed its extraordinary general meeting from August 18 to November 19, and reset the shareholder record date to October 22. Multiple government approvals remain required for the deal to proceed, including merger clearance from the Korea Fair Trade Commission (FTC), approval for Naver Financial’s major shareholder change under credit information regulations, and acceptance of Dunamu’s major shareholder change filing under specific financial transaction information laws. Dunamu noted that progress in any of these steps could further extend the timeline or even lead to the deal’s collapse. It also pointed out that the Digital Asset Basic Act currently under parliamentary review is a practical variable affecting the transaction’s progress and outcome. When the bill is enacted, regulators are simultaneously considering imposing bank-style strict liability rules on exchanges, requiring platforms to compensate users for losses caused by hacking incidents.
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View: Despite weak stock performance, the AI industry "still revolves around NVIDIA"
CNBC stock commentator Jim Cramer said that despite recent weak market sentiment toward Nvidia and sustained pressure on its share price, the company remains a core player in the AI industry. He noted the current sell-off of Nvidia has been excessive, with its forward price-to-earnings (P/E) ratio dropping to near this year’s lowest levels. Cramer pointed out that while some firms—including Chinese AI company DeepSeek—are developing in-house AI chips, they still heavily rely on Nvidia’s technology, and no signs have emerged yet that the company will lose its industry-leading position. Additionally, he stated that some investors have sold Nvidia shares recently to free up capital for other tech stocks, including newly listed SpaceX.
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Ethereum briefly rallied to surpass $1,800.
According to HTX market data, Ethereum briefly rebounded to break through the $1,800 mark, currently trading at $1,799.84, with a 1.45% increase in the past 24 hours.
Strategy, the company formerly known as MicroStrategy, just did something it almost never does: it sold Bitcoin. A lot of it, actually.
Between June 29 and July 5, 2026, Strategy sold 3,588 BTC for roughly $216 million. That is the company’s largest single disposal of Bitcoin since it started stacking the asset back in 2020.
The sales were executed at average prices of $59,256 and $60,773 per Bitcoin, both well below the company’s average cost basis of $75,476 per coin.
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Why Strategy sold, and what it is trying to accomplish The $216 million went primarily toward funding dividends on Strategy’s suite of preferred securities, which includes instruments labeled STRC, STRF, STRE, STRK, and STRD.
The sale completed the final condition in a three-step plan tied to a potential credit rating upgrade from S&P Global. S&P assigned Strategy a ‘B-‘ rating back in October 2025. An upgrade would lower borrowing costs and signal improved financial discipline to institutional investors.
Strategy also made a significant debt management move in May 2026, repurchasing $1.5 billion in convertible notes, which brought total debt down from $8.2 billion to $6.7 billion.
After the sale, Strategy’s cash reserves were rebuilt to $2.55 billion.
The numbers that matter for investors Strategy still holds 843,775 BTC following the sale.
The company also reported an $8.32 billion digital asset impairment charge linked to Q2 losses. Under current accounting rules, companies must mark down crypto holdings when prices fall but cannot mark them back up when prices recover. That impairment does not mean the Bitcoin is gone, but it does hit reported earnings hard.
What investors should watch now is whether S&P actually follows through with the upgrade. Completing the three-step plan does not guarantee an improved rating. If the upgrade materializes, Strategy gains access to cheaper capital. If S&P holds the rating steady or downgrades, the rationale for selling Bitcoin at a loss looks considerably worse in hindsight.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Vanguard, one of the world’s largest asset managers and a longtime skeptic of cryptocurrency, has opened a search for a head of digital assets, a senior role that would shape the firm’s strategy across crypto and blockchain-based finance.
The job, posted this week within Vanguard Personal Wealth and based in Dallas, calls for an executive to develop the firm’s digital asset vision, identify business opportunities, and lead execution across product, technology, operations, legal, and compliance teams.
According to the posting, the hire would serve as Vanguard’s “senior subject matter expert,” advise senior leadership on market developments, and represent the firm in discussions with regulators and industry groups.
Vanguard also wants the executive to help shape “market standards” and build a scalable, end-to-end strategy for personal wealth clients.
The listing extends beyond crypto trading. It names tokenization, stablecoins, digital wallets, custody, and blockchain-based settlement as areas the new leader would evaluate, along with deciding whether Vanguard should build capabilities in-house, partner with outside firms, or hold off on entering parts of the market.
The role would involve constructing a multi-year roadmap and designing governance and risk frameworks.
Vanguard’s journey into bitcoin Vanguard reported $12 trillion in assets under management at the end of 2025, a scale that places it second only to BlackRock.
The move appears to mark the first time the firm has sought to hire someone dedicated to cryptocurrency strategy, and it comes after years in which the bank stood apart from rivals. BlackRock, Fidelity, and Franklin Templeton rolled out spot Bitcoin exchange-traded funds and other blockchain products while Vanguard declined to follow.
The firm’s public posture has been pointed. Vanguard has described Bitcoin as an “immature asset class” ill-suited to long-term investors.
Chief Executive Salim Ramji, who joined the company from BlackRock in July 2024 after leading its iShares business — the unit behind the large iShares Bitcoin ETF — has said the decision not to launch a Bitcoin ETF was “entirely consistent” with the firm’s investment philosophy, stressing the value of consistency in the products a firm offers.
Even so, Vanguard has not stayed on the sidelines entirely. In December, the firm began allowing brokerage clients to trade cryptocurrency ETFs and mutual funds on its platform, a shift that opened access to funds holding Bitcoin and some other crypto.
At one point last year, the bank also became the largest shareholder in Strategy, the company that holds the world’s biggest corporate Bitcoin treasury — a position that flowed from its index funds rather than an active bet on the asset.
The new search does not signal an imminent product launch, and Vanguard has maintained that it has no plans to issue its own crypto investment vehicles.
What the posting does suggest is a broadening of focus beyond simply granting access to third-party funds, toward assessing how digital assets might fit within its wealth management business over the long term.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
The cryptocurrency market is a 24/7 arena filled with constant motion and instant changes. While you’re asleep at midnight, Bitcoin’s price can suddenly surge, or while you’re sitting in a meeting, your favorite altcoin might hit a local bottom. In such a fast-moving market, gaining an edge requires one essential thing: a smart assistant that delivers complete, real-time data without delay. This is exactly where a lightweight yet highly capable app steps in available on both iOS and Android, natively supporting English, Spanish and Turkish, and removing the hassle of mandatory sign-ups: CryptoAppsy.
Everything on a Single ScreenFrom the moment you open the app, you’re greeted with real-time prices for thousands of cryptocurrencies from Bitcoin to the latest newly launched altcoins. CryptoAppsy processes data pulled from global exchanges within milliseconds and delivers automatic updates every 5 seconds. This ensures you never miss arbitrage opportunities and can catch sudden price movements the moment they happen.
In the Dashboard tab, you can view your favorites, portfolio, price alerts, and personalized news all on a single screen and updated automatically in real time. Instead of jumping between multiple exchanges or pages, you stay focused on the assets that matter most to you. Below, you can see examples of the price and dashboard screens.
Crypto & USD Earning Opportunities Are Waiting for You!New rewards and surprise opportunities are added to the app every day. You can instantly check today’s special offers on the Deals page and follow regularly refreshed chances to earn crypto and USD. Don’t forget to tap the icon in the top-right corner of the app and check it frequently luck can strike at any moment!
A Feature You Won’t Find Elsewhere: Multi-Currency Portfolio ManagementCryptoAppsy also offers a smart portfolio management tool designed to help you track your investments holistically. When you manually define your portfolio within the app, your total asset value is automatically recalculated every 5 seconds using live exchange rates. There’s no need to create spreadsheets to see your performance your real-time profit and loss figures are always visible on screen.
What truly sets CryptoAppsy apart is its unique multi-currency support. Even if you purchased different coins using different fiat currencies such as USD, TRY, EUR, JPY, GBP, CNY, AUD, CAD, CHF, HKD, or SGD all your positions are tracked simultaneously and presented as a total portfolio value in any fiat currency you choose. For example, even if you bought BTC in USD and ETH in GBP, the app instantly aggregates everything using live rates and displays your total value in USD, EUR, or any supported currency. This level of flexibility is a major convenience rarely found in similar apps.
A News Feed Tailored to Your PortfolioIn the crypto world, information is just as valuable as capital. However, cutting through the noise can be difficult. CryptoAppsy solves this with its integrated News section. The app delivers up-to-date news summaries in the language you’re using Turkish, English, or Spanish curated by experienced editors from dozens of trusted sources and presented in clear, concise formats.
The best part? You can filter the news feed to show only articles related to the cryptocurrencies in your own portfolio. As shown above, once you activate the My Portfolio filter, the app lists only the latest news relevant to your investments. A single tap is enough, and the app remembers your preference every time you open it. You can also filter news by specific coins such as BTC or ETH and access the original sources with just one touch.
Additionally, the Live Feed within the News tab lets you follow breaking developments instantly on a single screen. The Weekly Highlights section shows all major upcoming events for the week, clearly indicating the day and time of each. This way, instead of wasting time on social media rumors, you get critical, market-moving information directly from reliable sources without extra effort.
Discover Newly Launched Coins InstantlyThe Index tab features comprehensive crypto market data along with newly listed cryptocurrencies. Coins that are freshly listed on exchanges appear instantly, giving you first-hand access to details such as launch time, price, volume, market capitalization, and even the blockchain they’re built on. By discovering new projects early before prices peak you gain the opportunity to position yourself ahead of the market. Advanced chart views also allow you to review historical data with just a few taps and analyze trends effortlessly.
Key Macroeconomic Indicators at a GlanceWithin the Index section, CryptoAppsy also includes a Macro Data card. Here, you can track the most important indicators affecting crypto markets, such as upcoming Federal Reserve meeting dates, Fed interest rate expectations, U.S. 10-year Treasury yields, the DXY dollar index, and U.S. unemployment rates. Each data point is interactive, allowing you to view historical charts with a single tap.
Smart Price AlertsIn crypto markets, anything can happen at any moment and it’s not always possible to stay glued to a screen. That’s why CryptoAppsy offers advanced 🔔 smart price alerts. When a cryptocurrency reaches a price level you’ve set, the app sends you an instant push notification. Whether it’s a sudden surge or a sharp drop, you’re informed immediately even if you’re fast asleep at night. These alerts help users avoid emotional decision-making and stay aligned with their predefined strategies. Even when the app isn’t open, CryptoAppsy continues monitoring the market in the background, standing guard on your behalf so you never miss an opportunity.
What Users Say: A 5.0/5 Rated ExperienceUser feedback clearly confirms the value CryptoAppsy delivers. With ⭐5.0 on the App Store and ⭐4.7 on Google Play, reviews frequently highlight phrases like “perfect for beginners,” “excellent news summaries,” “clean and eye-friendly design,” and “no need for another app.” Many users also note that fast notifications help them act on opportunities without delay. This high satisfaction shows that CryptoAppsy is a reliable and practical solution for both newcomers and active traders alike.
Thanks to its intuitive design, even first-time users can navigate CryptoAppsy without wondering, “What should I do next?” The interface is simple and beginner-friendly, while remaining fast and performance-focused for experienced traders. Its lightweight structure ensures smooth operation even on older devices. There’s no email verification or registration required just download the app and start tracking the market within seconds. Beginners can explore confidently, while professionals benefit from the speed required when milliseconds matter.
Whether you’re preparing to make your first crypto investment or actively trading on a daily basis, CryptoAppsy is the ideal companion for simplifying market complexity and saving you time. With real-time prices, personalized portfolio tracking, smart alerts, clean and live news feeds, and instant access to newly listed coins, CryptoAppsy stands out from the competition. Download CryptoAppsy now from the App Store or Google Play, take control of the crypto market, and start seizing opportunities today.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Why Is Binance Launching A Bitcoin Yield Product? Binance has introduced BTC Yield, a new product aimed at bitcoin holders who want to earn additional returns without selling their underlying BTC.
The product is available through Binance Earn and is designed only for users who already hold bitcoin. Customers deposit BTC into the strategy and receive an internal position called BTCY, which tracks their share of the product. The structure remains denominated in bitcoin and cannot be funded with stablecoins or other assets.
The launch reflects a broader shift in crypto yield products. Exchanges and asset managers are increasingly trying to turn passive bitcoin holdings into income-generating positions, especially for investors who do not want to sell spot BTC or rotate into higher-risk tokens. The appeal is simple: many long-term holders want income, but they also want to keep bitcoin exposure.
That demand is now moving into more structured products. Binance’s product uses a covered-call strategy, a familiar approach in traditional finance that generates income by selling call options against an asset position. In this case, Binance holds deposited bitcoin as collateral while systematically selling BTC call options and sharing most of the option premium with participants.
How Does BTC Yield Generate Returns? BTC Yield creates potential returns in 2 ways. First, part of the option premiums collected by the strategy is converted into bitcoin and distributed to users’ spot accounts every Friday. Those weekly payouts are not guaranteed and can be zero, depending on market conditions and strategy performance.
Second, the remaining premiums stay inside the product and gradually increase the value of each BTCY unit. As retained premiums accumulate, each unit represents more BTC over time. When users redeem, they may receive a higher bitcoin amount than their original unit value reflected at entry.
This structure makes the return profile different from a simple savings product. Users are not earning a fixed interest rate. They are gaining exposure to a managed options strategy that depends on volatility, option demand, BTC price movement, fees, and how often calls are exercised.
“Covered call strategies have long been used in traditional finance, but they can be complex for retail users to access directly,” Shunyet Jan, head of exchange and trading at Binance, said. “With BTC Yield, we are simplifying that experience for Bitcoin holders who want income potential without actively trading the market.”
Investor Takeaway BTC Yield gives bitcoin holders a simpler way to access an options-based income strategy, but it should not be treated like a risk-free yield product. The return comes from selling upside exposure in exchange for option premiums.
What Are The Main Trade-Offs? The central trade-off is upside limitation. Covered-call strategies can perform well in flat, choppy, or moderately rising markets because the option premiums can add income while the underlying asset remains held. But they can lag badly during strong bitcoin rallies because sold calls may be exercised.
If bitcoin rises sharply, users may earn premiums but give up part of the upside they would have captured by simply holding spot BTC. In a major bull market, direct bitcoin exposure will often outperform a covered-call strategy.
The product also carries cost and execution risk. Binance takes a 15% share of gross option premiums before calculating user yield, and redemption fees apply when users exit. There is no principal protection, and weekly distributions are not promised. Returns depend on how the options strategy performs after fees.
That makes BTC Yield more suitable for holders who are comfortable exchanging some upside potential for income. It is less suitable for users expecting full participation in a fast-moving bitcoin rally or those who do not understand the mechanics of options-based returns.
Why Does This Matter For Bitcoin Market Structure? The launch shows how bitcoin is increasingly being packaged into income products rather than held only as a spot asset. BlackRock recently introduced a bitcoin income ETF using a similar covered-call approach, showing that the strategy is gaining traction across both crypto-native and traditional finance platforms.
For exchanges, these products can deepen user engagement by giving long-term holders a reason to keep assets on-platform. For investors, they create another layer of choice between simple spot exposure, lending-style products, structured options strategies, and regulated ETF wrappers.
The market impact will depend on adoption and scale. If covered-call bitcoin products grow, they could increase systematic option-selling activity and influence volatility markets around BTC. They may also attract investors who want bitcoin exposure but prefer a more income-oriented profile.
BTC Yield does not change the core risk of holding bitcoin. Users remain exposed to BTC price moves, product fees, redemption terms, and the performance of an options strategy. Its value is in packaging a complex trade into a simpler format. For long-term holders, that convenience may be useful, but the income comes with a clear cost: capped upside when bitcoin rallies hard.
In brief Two traders sued Polymarket in New York, alleging it wrongly resolved a market on whether Strategy would sell Bitcoin by May 31 as "No." Strategy disclosed having sold 32 BTC inside that window, but Polymarket ruled the sale wasn't publicly confirmed in time, which the plaintiffs call a retroactive rule change. The suit names CEO Shayne Coplan and seeks the $1-per-share payout on the traders' "Yes" shares, plus damages. Two Polymarket traders are suing the prediction market platform, claiming it rewrote a market's rules after the fact to deny them a winning payout tied to Strategy's Bitcoin sale.
William Wood and Thomas Bush filed the complaint in the New York Supreme Court on July 3, naming Polymarket CEO Shayne Coplan and chief marketing officer Matthew Modabber.
1 month ago, Polymarket scammed me for $500K, with 1,868 traders losing a total of $6.5M.
Now we're taking Polymarket to court. https://t.co/RPlwQ6ARwI
— willo2 (@willo2_Poly) July 6, 2026
They allege breach of contract, breach of the implied covenant of good faith and fair dealing, unjust enrichment in the alternative, deceptive acts and practices, and false advertising, and are seeking the $1-per-share value of their "Yes" shares, plus damages and legal fees.
Strategy’s disputed Bitcoin saleThe disputed market asked whether Strategy would sell any Bitcoin by May 31. The Michael Saylor-led firm did exactly that, disclosing in a June 1 SEC filing that it sold 32 BTC between May 26 and 31, its first such sale since 2022. However, because the disclosure landed a day after the deadline, Polymarket added a note that "confirmation achieved outside of the market's timeframe does not qualify," and the contract resolved "No" after a vote by holders of UMA, the oracle Polymarket uses to settle disputes.
It would not be Strategy's last sale: the company has since outlined a plan to sell up to $1.25 billion more to fund its dividends, and this week offloaded some $216 million in Bitcoin under its “BTC monetization program.”
The plaintiffs contend that Strategy's filing was unambiguous proof under the market's own rules, which designated the company's disclosures as the primary source, and that adding a confirmation deadline afterward gutted Polymarket's promise of objective outcomes. A market that won't honor a proven event, the complaint says, "does not seek truth; it controls payout."
Disputed marketsPolymarket has logged more than 1,150 disputed markets in 2026, already past last year's total, and investigations by Bloomberg and the Wall Street Journal found that a small cluster of large wallets swings many outcomes, with many UMA voters also holding stakes in the markets they judge.
The Strategy fight was the platform's biggest since a $237 million market last year over whether Ukraine's president wore a suit. Burwick Law, which brought the case, said it is weighing similar claims from other traders.
Polymarket has not publicly responded to the complaint. The scrutiny has done little to slow its rise: the platform, whose U.S. arm is now a CFTC-registered exchange, has drawn close to $2 billion from NYSE parent ICE and was last valued at $9 billion. In April, the firm was reportedly seeking to raise $400 million at a $15 billion valuation.
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With BTC reclaiming the $60,000 level on July 1, market experts believe the plunge may have been a failed breakdown rather than a sustained leg lower.
On-chain data has confirmed that June was a painful month for bitcoin (BTC), but beyond the price weakness, both spot demand and institutional flows faltered. Due to last month’s performance, there is speculation that the market may be nearing a cyclical bottom, but this remains unconfirmed.
In the meantime, analysts at the crypto exchange Bitfinex revealed in this week’s Bitfinex Alpha that historical data suggests that July could be better for BTC. However, a seasonality dynamic will not be able to sustain a recovery for BTC this month – the asset needs sustained spot and institutional demand.
Worst June in 4 Years BTC fell to a fresh cycle low of $57,800 last month, marking the worst June since 2022 and the second-worst since 2013. Analysts say this dump was intensified by waning STRC demand and six consecutive weeks of outflows from Bitcoin exchange-traded funds (ETFs), the longest since their launch. The decline to $58,000 marked a 54.15% plunge from current cycle highs, and BTC ended June down 20.48%.
“June’s downside was likely deepened by the failure of both principal demand engines: waning STRC demand and ETF outflows that represented the worst streak on record. The month closed down 20.48 percent from its monthly open, far below the seasonal median of negative 1.5 percent. That sharp deviation left the market technically oversold heading into July,” analysts explained.
With BTC reclaiming the $60,000 level on July 1, market experts believe the plunge may have been a failed breakdown rather than a sustained leg lower. Additionally, the rebound indicated that spot demand had begun to return at marginal lows. Although the current setup supports a positive seasonality for July, only the return of stronger demand, particularly through renewed ETF inflows, will sustain recovery.
Will July Be Better? In prior bear markets, June and November have been the weakest months, so July has historically been firmer. This month posted double-digit gains in 2018 and 2022 bear cycles. However, analysts believe it is too early to tell if the cycle lows are in. The stage for broader sustainable recovery is only set if the demand engines are repaired.
“Seasonality supports the current setup but will not drive it,” analysts stated.
Interestingly, the ETF market has witnessed a reprieve from the bearish regime – $223.5 million on July 2. However, analysts insist that one session of inflows is insufficient to reverse the damage from six weeks of outflows.
Bitcoin mining stocks got hammered by roughly 20% in early July 2026. Bitcoin itself barely flinched.
The numbers tell a strange story On July 7, Riot Platforms dropped 7.5% to $21.16, putting it roughly 26% below its late-June peaks. Marathon Digital Holdings fell 6% to $12.17 on the same day.
Meanwhile, Bitcoin sat at approximately $63,042, holding comfortably above its crucial support level at $58,115.
Year-to-date through early July, Bitcoin had actually declined about 29%. RIOT, by contrast, had gained around 80%. MARA was up roughly 44%.
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The culprit behind the mining stock selloff wasn’t anything Bitcoin-related. It was a cooling of sentiment across AI infrastructure and semiconductor sectors. Miners have been aggressively repositioning themselves as AI-adjacent companies, and when AI sentiment cooled, their stock prices followed the semiconductor complex down, regardless of what Bitcoin was doing.
Mining companies are now semiconductor stocks in disguise RIOT shares have closely tracked the semiconductor SOX ETF since April 2026, a correlation that would have been unthinkable two years ago.
Public miners collectively sold a record 32,000 BTC in Q1 2026 to fund this transformation. That figure surpassed total miner sales for all of 2025. Riot alone offloaded 3,778 BTC for $289.5 million in the first quarter.
The money went toward expanding AI-adjacent infrastructure, effectively converting Bitcoin into data center capacity. Public mining companies have leveraged their existing power contracts, cooling systems, and real estate to pivot GPU farms from hashing Bitcoin blocks to supporting AI and high-performance computing workloads.
What this means for investors If you bought RIOT or MARA as Bitcoin exposure, you now own something fundamentally different — part crypto play, part AI infrastructure bet, part semiconductor derivative.
For Bitcoin itself, the resilience is notable. The market absorbed 32,000 BTC of selling pressure from miners in a single quarter without breaking key support levels at $58,115.
The bigger risk sits with the miners themselves. Selling 32,000 BTC in a single quarter to fund infrastructure expansion is an aggressive bet on AI revenue streams materializing. If the AI buildout slows or compute pricing compresses, these companies will have sold their core asset to fund a pivot that may not pay off at the expected scale.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
After an eight-week stretch that saw more than $8.2 billion drain from Bitcoin spot ETFs, the bleeding has finally stopped. A single-day inflow of roughly $222 million on July 2 broke the outflow streak, driven largely by fresh capital flowing into Fidelity’s FBTC product.
The great Bitcoin ETF exodus, and its messy reversal The week of June 29 to July 3 alone saw $527 million in net outflows. Then July 2 happened. Approximately $222 million flowed back in on a single day, snapping the streak. Fidelity’s FBTC was the primary magnet for that capital.
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Solana ETFs are having a very different experience US Solana spot ETFs, which launched on October 28, 2025, have accumulated more than $1 billion in cumulative inflows in just a few months of trading.
During the same early July week when Bitcoin flows finally turned positive, Solana ETFs pulled in $5.75 million in net inflows. On July 6, daily inflows hit 103,020 SOL equivalent. Solana ETFs have experienced positive inflows on every trading day during this period. While Bitcoin and Ethereum funds were dealing with redemptions, products like Bitwise’s BSOL and Grayscale’s GSOL kept attracting fresh capital without interruption.
Bitcoin’s spot products have collectively gathered tens of billions since their January 2024 launch.
What this means for investors Investors watching for sustained recovery should track whether inflows persist across multiple issuers, not just one, as Fidelity’s FBTC absorbed the bulk of the July 2 inflow.
Breaking $1 billion in cumulative flows within months of launch puts Solana ETF products on a notable trajectory. Major issuers including Bitwise, Grayscale, Fidelity, and BlackRock are all competing in this space, with data aggregators like SoSoValue and CoinGlass tracking the daily flows.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
American Bitcoin buyers have gone quiet, and the numbers are starting to get uncomfortable. The Coinbase Bitcoin Premium Index, which tracks the price gap between Bitcoin on Coinbase and the global average, has now spent 50 consecutive days in negative territory as of July 7. That’s the longest such streak ever recorded.
In plain English: US traders are consistently paying less for Bitcoin than the rest of the world. When the premium flips negative, it means domestic demand is lagging behind international appetite.
The streak in context The current run began on May 19, following just a single positive day in mid-May. Before this, the previous record was 40 consecutive negative days stretching from January 16 to February 24 of this year. So the index didn’t just break the old record. It shattered it by 25%.
The premium itself currently sits in a range of roughly -0.0742% to -0.0911%. Those are small numbers in absolute terms, but the duration matters far more than the depth.
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Earlier this year, there were shorter negative runs too, including a 21-day streak in June and a 15-day stretch in early 2026.
The ETF exodus The negative premium doesn’t exist in a vacuum. It coincides with a significant pullback in US Bitcoin ETF activity. Net withdrawals from spot Bitcoin ETFs have totaled approximately $6 billion year-to-date.
Total assets held in US Bitcoin ETFs now stand at $74.37 billion. That figure might sound impressive until you consider the peak was above $150 billion.
The connection between ETF flows and the Coinbase premium is fairly intuitive. When institutional players buy Bitcoin through ETFs, those funds typically source their coins through US exchanges like Coinbase. Strong ETF inflows push Coinbase prices slightly above the global average. When institutions pull money out, the opposite happens.
International markets tell a different story Buying activity outside the United States has remained more robust, which is precisely why the global average price sits above Coinbase’s price in the first place.
The seasonal element adds another layer of concern. Summer months traditionally bring thinner trading volumes and lower liquidity across crypto markets.
What this means for investors Historically, extended periods of negative Coinbase premium have correlated with bearish sentiment and price corrections in Bitcoin.
The key metrics to watch going forward are ETF flow data and whether the premium begins to normalize. A return to positive territory, especially if accompanied by renewed ETF inflows, would suggest US institutions are stepping back in.
The $74.37 billion still sitting in US Bitcoin ETFs represents substantial capital that could reverse course. But the trajectory from above $150 billion to current levels suggests that a significant portion of early ETF buyers have already made their exit.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Mike Belshe, co-founder and CEO of BitGo, stood in front of roughly 250 institutional Bitcoin decision-makers at the BFC in NYC symposium on June 26 and made a case that most of the room probably wasn’t thrilled to hear: Bitcoin’s cryptographic armor has an expiration date, and the industry needs to start fitting a replacement now.
Bitcoin’s security relies on elliptic curve cryptography, a system that would crumble under a sufficiently powerful quantum computer. Experts routinely debate whether quantum computers capable of breaking Bitcoin’s cryptography are years away or decades away.
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The proposal getting the most attention is BIP-361, which was formally introduced on April 15, 2026. It lays out a phased migration plan for moving Bitcoin to quantum-resistant signature schemes. BIP-361 doesn’t demand an overnight overhaul. Instead, it charts a gradual path where quantum-resistant alternatives coexist with current cryptographic methods before eventually replacing them.
Belshe didn’t just theorize about quantum resistance at BFC. He came armed with a proof point. BitGo executed what it described as the first quantum-resistant transaction on the Ethereum testnet, a milestone achieved in the lead-up to the symposium.
Prior to the symposium, Belshe appeared in a May 2026 video discussion alongside Adam Back, the legendary cypherpunk and CEO of Blockstream, where the two covered quantum-resistant signatures in detail. Back’s involvement lends significant weight to the conversation. He’s one of the few people cited in Bitcoin’s original whitepaper.
BIP-361’s phased approach also addresses a perennial concern in Bitcoin governance. Hard forks, or backward-incompatible protocol changes, are politically radioactive in Bitcoin culture. The 2017 block size wars left scars that still influence how proposals are received. A gradual migration that doesn’t force an immediate fork is far more likely to achieve consensus.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
In brief Radar Chat launched Tuesday, combining encrypted messaging with Bitcoin payments. The app uses the Signal Protocol but was developed independently from Signal. Radar says users remain in control of their Bitcoin, which is sent via the Lightning Network. A new app from the team behind Cake Wallet brings Bitcoin payments directly into private messaging.
Launched Tuesday, Radar Chat combines end-to-end encrypted messaging with self-custodial Bitcoin payments via the Lightning Network, allowing users to send Bitcoin via text messages without having to switch apps or copy wallet addresses.
“The idea behind Radar is that the people we talk to and the people we pay are often the same people, yet messaging and payments still live in separate places,” Radar Chat and Cake Wallet founder Vikrant Sharma told Decrypt.
Available on iOS and Android, Radar—which the company clarified is a separate company from Cake Wallet—uses Signal’s open-source protocol to let users send encrypted messages and Bitcoin payments inside private conversations without switching between separate chat and wallet apps, with private keys controlled by users.
Your messages. Your Bitcoin. Together, at last.
Radar brings private messaging and self-custodial Bitcoin Lightning together in one seamless experience, and because it's built on Signal's incredible network - the people you already talk to come with you. pic.twitter.com/Rg6BBbfvGS
— Radar.Chat (@RadarChat) July 7, 2026
“Rather than reinventing secure messaging from scratch, the team chose to build on one of the most trusted and widely respected privacy technologies available,” Sharma said. “Many Bitcoin and privacy-conscious users already rely on Signal, so Radar builds on a familiar foundation while adding something that has been missing: native Bitcoin payments inside conversations.”
While apps like PayPal, Cash App, and Venmo have simplified digital payments, Sharma said users often trade control for convenience.
“Apps like PayPal and Cash App made sending money easier, but they're centralized services,” he said. “They hold your money, they can freeze your account, and they see every transaction you make. Convenience came at the cost of control.”
Radar uses the Bitcoin Lightning Network, a layer-2 payment network designed to make transactions faster and cheaper than sending directly on Bitcoin’s base layer. While Lightning is often associated with small transactions measured in satoshis—or 1/100,000,000 of a full Bitcoin—Sharma said Radar is not limited to microtransactions.
During setup, Sharma said Radar gives users a recovery seed phrase to restore their Bitcoin on another device, while an encrypted backup tied to their Signal account provides an additional recovery option.
“Radar is developed independently from Signal,” he said, “but we deeply respect the work the Signal team has done and financially support the project, because we believe privacy-preserving communication is an important public good.”
Sharma said Radar has successfully tested payments up to $5,000, with transaction capacity determined by available Lightning Network liquidity rather than limits set by the app.
“For most people, Radar is designed around everyday payments—buying lunch, splitting expenses, paying a friend back, or sending tips,” Sharma said. “Those are exactly the types of transactions Lightning excels at because they’re fast, inexpensive, and settle almost instantly.”
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Radar Chat launched Tuesday, combining encrypted messaging with Bitcoin payments. The app uses the Signal Protocol but was developed independently from Signal. Radar says users remain in control of their Bitcoin, which is sent via the Lightning Network. A new app from the team behind Cake Wallet brings Bitcoin payments directly into private messaging.
Launched Tuesday, Radar Chat combines end-to-end encrypted messaging with self-custodial Bitcoin payments via the Lightning Network, allowing users to send Bitcoin via text messages without having to switch apps or copy wallet addresses.
“The idea behind Radar is that the people we talk to and the people we pay are often the same people, yet messaging and payments still live in separate places,” Radar Chat and Cake Wallet founder Vikrant Sharma told Decrypt.
Available on iOS and Android, Radar—which the company clarified is a separate company from Cake Wallet—uses Signal’s open-source protocol to let users send encrypted messages and Bitcoin payments inside private conversations without switching between separate chat and wallet apps, with private keys controlled by users.
Your messages. Your Bitcoin. Together, at last.
Radar brings private messaging and self-custodial Bitcoin Lightning together in one seamless experience, and because it's built on Signal's incredible network - the people you already talk to come with you. pic.twitter.com/Rg6BBbfvGS
— Radar.Chat (@RadarChat) July 7, 2026
“Rather than reinventing secure messaging from scratch, the team chose to build on one of the most trusted and widely respected privacy technologies available,” Sharma said. “Many Bitcoin and privacy-conscious users already rely on Signal, so Radar builds on a familiar foundation while adding something that has been missing: native Bitcoin payments inside conversations.”
While apps like PayPal, Cash App, and Venmo have simplified digital payments, Sharma said users often trade control for convenience.
“Apps like PayPal and Cash App made sending money easier, but they're centralized services,” he said. “They hold your money, they can freeze your account, and they see every transaction you make. Convenience came at the cost of control.”
Radar uses the Bitcoin Lightning Network, a layer-2 payment network designed to make transactions faster and cheaper than sending directly on Bitcoin’s base layer. While Lightning is often associated with small transactions measured in satoshis—or 1/100,000,000 of a full Bitcoin—Sharma said Radar is not limited to microtransactions.
During setup, Sharma said Radar gives users a recovery seed phrase to restore their Bitcoin on another device, while an encrypted backup tied to their Signal account provides an additional recovery option.
“Radar is developed independently from Signal,” he said, “but we deeply respect the work the Signal team has done and financially support the project, because we believe privacy-preserving communication is an important public good.”
Sharma said Radar has successfully tested payments up to $5,000, with transaction capacity determined by available Lightning Network liquidity rather than limits set by the app.
“For most people, Radar is designed around everyday payments—buying lunch, splitting expenses, paying a friend back, or sending tips,” Sharma said. “Those are exactly the types of transactions Lightning excels at because they’re fast, inexpensive, and settle almost instantly.”
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Bitcoin clawed its way back to around $64,000 this week, its highest level in several weeks. Wintermute, one of crypto’s largest market makers and algorithmic trading firms, would like everyone to calm down about it.
In a market assessment dated July 6-7, the firm characterized the rebound as a “relief rally,” driven more by improving macroeconomic conditions than by any genuine resurgence in crypto-specific demand.
The case against getting excited Wintermute’s argument boils down to a mismatch between price action and fundamentals. Bitcoin recovered from lows near $60,000 to roughly $64,000, a move that looks encouraging on a chart. But the firm points to persistently weak crypto-native indicators as evidence that this isn’t the start of something bigger.
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Spot Bitcoin ETF inflows, which served as a reliable demand barometer throughout 2024 and into 2025, remain sluggish. Stablecoin activity, another proxy for fresh capital entering the ecosystem, hasn’t picked up meaningfully either.
Instead, the bounce appears to be riding on broader macro tailwinds. More favorable US economic data and decreased geopolitical tensions have lifted risk assets generally.
A pattern of skepticism from Wintermute This isn’t the first time Wintermute has played the role of market buzzkill in recent months. Back in June, when Bitcoin tumbled from approximately $83,000 to the low $60,000s, the firm described the move as a “bear market fakeout.” At the time, the drop spooked traders who had been expecting a continuation of the broader uptrend that had defined much of early 2025.
Wintermute’s read was that the sell-off, while dramatic, didn’t constitute a structural breakdown. But crucially, the firm also stressed that a legitimate recovery would require clearer signals of institutional re-engagement. That was a month ago, and those signals still haven’t arrived in any convincing fashion.
The broader trajectory tells a sobering story. Bitcoin was trading near $83,000 before sliding more than 25% into the low $60,000s. The current bounce to $64,000 recovers only a fraction of that loss.
What this means for investors For Bitcoin holders and traders, the key metrics to watch are the ones Wintermute flagged. Spot ETF inflows need to turn consistently positive. Stablecoin market caps and on-chain velocity need to show capital is actually flowing back into crypto, not just sloshing around between existing participants.
Wintermute’s message is essentially: prove it. Until the on-chain data, ETF flows, and institutional activity start telling a different story, treating this as anything more than a temporary reprieve could prove costly.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Hyperscale Data just added another 50.65 Bitcoin to its corporate treasury, bringing its total holdings to 899.65 BTC. For context, that is a company that held just 11 BTC sometime in 2025 and is now sitting on nearly 900 coins valued at roughly $57.2 million.
The pace of accumulation here is not subtle. Between June 30 and July 6, 2026 alone, the company acquired 115.9205 BTC through a combination of mining output and open-market purchases.
From 11 Bitcoin to nearly 900 in under two years Hyperscale Data, listed on NYSE American under the ticker GPUS, has turned Bitcoin accumulation into something close to a competitive sport. Its holdings stood at around 234 BTC in November 2025, climbed to approximately 663 BTC by April 2026, and are now knocking on the door of 900.
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The company manages its Bitcoin through two wholly-owned subsidiaries, Sentinum and Ault Capital Group. Those entities handle both the mined Bitcoin coming off the company’s own operations and the coins purchased directly from the open market.
The stated goal is a $100 million Bitcoin treasury. At current holdings of 899.65 BTC valued at $57.2 million, the company has cleared the halfway mark with room to run.
The AI angle is not a sideshow Hyperscale Data recently secured a $1.2 billion deal focused on AI compute infrastructure. The company is also acquiring land and power resources in Michigan as part of its data center expansion.
Hyperscale Data’s total asset portfolio, which includes cash, restricted cash, Bitcoin, and 10,000 ounces of .999 silver, sits between $106.7 million and $111.4 million.
What this means for investors watching the space Because Hyperscale Data is also an active Bitcoin miner and an AI infrastructure operator, the stock offers exposure to multiple Bitcoin-adjacent revenue streams simultaneously. Investors are not just buying a company that holds Bitcoin. They are buying a company that mines Bitcoin, acquires Bitcoin, and operates the kind of power-intensive computing infrastructure that both AI and crypto demand.
The risk profile is correspondingly more complex. A Bitcoin price decline hits the treasury value directly. An AI infrastructure downturn hits the $1.2 billion deal thesis. A mining difficulty increase compresses margins on the mined Bitcoin side.
Watch the gap between the current $57.2 million treasury value and the $100 million target. How management closes that gap, through mining, open-market purchases, or some combination, will reveal how aggressive they are willing to be with capital allocation as the company simultaneously tries to fund a $1.2 billion AI infrastructure commitment.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
XRP price slipped 1.83% to $1.12 in 24 hours, but weekly gains stayed near 10%. Ripple’s full MiCA approval in Luxembourg added a fresh regulatory boost for the company. The license provides Ripple with an opportunity to develop crypto services in 27 European Economic Area nations.
The change was given as the broader crypto market demonstrated greater momentum on Tuesday. Bitcoin price remained in positive territory and gained more than 7% for the week. The shift was amidst declining U.S. stock and increased oil costs related to geopolitical strains.
Market sentiment also rose following a second endorsement of pro-crypto policies by Donald Trump. Ether was trading around $1770 during the day. Final GENIUS Act rules are awaited by investors before July 18, 2026.
Ripple Secures Luxembourg CASP License Under EU MiCA Rules Ripple has also obtained complete MiCA licensure in Luxembourg, reinforcing its regulated crypto payments enterprise in Europe. This was approved by Luxembourg Commission de Surveillance du Secteur Financier, or CSSF. It provides Ripple with a Crypto Asset Service Provider license according to the MiCA regulations of the EU.
The license gives Ripple passporting rights across the European Economic Area. That allows the company to offer regulated crypto services in all member markets. Ripple reported that the approval is after initial clearance in June 2026. The company is also licensed to use EU e-money license.
This might be Ripple’s biggest European milestone in history…@Ripple $XRP has received full Crypto Asset Service Provider (CASP) under Europe’s MiCA regulatory framework.
As a result, it can now offer services to users in every single country in the European Economic Area… pic.twitter.com/OqntPe58Zp
— BSCN (@BSCNews) July 6, 2026
Both approvals combine to finance its banking, company, and business payment system. The framework provides a better compliance pathway of crypto transactions, said Ripple. The relocation can also aid XRP and Ripple RLUSD stablecoin in Europe. Cassie Craddock claimed that after transitioning MiCA, Ripple is all good and prepared to scale.
XRP Spot ETF Inflows Hit Eight-Week Streak With $1.49B Total XRP spot ETFs extended their eight-week inflow streak, with cumulative net inflows reaching $1.49B. SoSoValue data showed zero daily net inflow on July 6, after the latest update. Total net assets stood at $1.05B, equal to 1.47% of XRP’s market cap.
Source: Sosovalue data The total value traded was at $14.48M among the listed funds. Bitwise’s XRP fund led with $330.84M in net assets. Canary and Franklin trailed behind with $265.30M and $261.68M, respectively. The XRP-linked products also logged market price gains above 5% at close.
Will XRP Price Hit $1.30 in July 2026? On the four-hour chart, the price of XRP was trading at 1.1278, just above the $1.12 support zone. The token lost its short-term rising channel at around $1.15. That area is now the initial defense in the way of any recovery effort.
A break above $1.15 might provide an opportunity to reach $1.20. That level remains the next major upside target on the chart, and if bulls mount more pressure, the XRP price will rally to $1.30 by the end of this month. However, failure to reclaim $1.15 may keep sellers in control.
Source: XRP/USDT 4-hour chart: Tradingview The RSI was close to 49, and the momentum was weak following the recent pullback. The MACD also displayed a weakened strength as bearish bars were being generated underneath the signal line. In case the XRP price drops by $1.12, the subsequent downside goal might be around $1.05.
Japan's SBI Holdings has crossed 2 million registered accounts on its crypto exchange platform, a milestone that reflects both deliberate corporate strategy and a broader shift in how Japanese retail investors are engaging with digital assets.
A Milestone Shaped by Consolidation and Loyalty Programs The 2 million figure was recorded on July 6, and it was not achieved through organic growth alone. The round figure was formed through the merger of accounts from the VCTRADE and BITPOINT platforms following SBI's April acquisition of BITPoint Japan. That deal accelerated a push that SBI's management had been building through a series of crypto reward programs tied to its broader financial product suite.
At the center of that push is $XRP. SBI Holdings distributed $XRP to its own shareholders as a formal shareholder benefit, a program renewed in 2026 with distributions beginning May 1, effectively reaching hundreds of thousands of Japanese retail investors. The tiers are modest but deliberate: shareholders holding 100 to 999 shares receive 500 yen worth of $XRP, while investors with 1,000 or more shares may receive up to 1,000 yen in $XRP depending on their holding period.
The rewards do not stop at share ownership. In February 2026, SBI issued a blockchain-based bond worth 10 billion yen, approximately $64.5 million, that rewarded retail investors with $XRP alongside fixed interest payments. Separately, SBI Shinsei Bank launched a pilot program on June 10, 2026, that lets depositors redeem 20% of their deposit interest as vouchers for cryptocurrencies, including $BTC and $XRP, targeting around 4.33 million eligible accounts.
Yen Weakness and the Search for Alternative Assets The timing of this retail crypto surge is not coincidental. A sustained weakening of the Japanese yen has pushed both corporations and individual savers to look beyond traditional yen-denominated instruments. Japanese firms are not accumulating $BTC and $XRP for classic exchange speculation, but for a new national practice in which corporations include cryptocurrency in their shareholder loyalty programs.
SBI Holdings has maintained close ties with Ripple since 2016 and remains one of its largest external shareholders, with an estimated 9% equity stake. That relationship now underpins a financial infrastructure stack spanning tokenized securities, stablecoin distribution, and payment corridors. SBI VC Trade began distributing Ripple's U.S. dollar-backed stablecoin, RLUSD, in Japan on March 31, 2026, following Japan's revised Payment Services Act.
SBI's ambitions in the domestic exchange market are clear. The conglomerate's goal is to overtake historical competitors by client base, including Coincheck, which still leads with 2.62 million accounts, and to build a full-fledged on-chain ecosystem anchored around Ripple and XRP Ledger technologies.
Sources
Crypto Briefing: SBI VC Trade surpasses 2M registered accounts as Japanese firms use Bitcoin and XRP for loyalty programs
U.Today: Japanese Firms Accumulate More Bitcoin and XRP Amid Yen Drop, SBI Reports
DL News: Japanese securities giant to issue $65 million worth of XRP-paying blockchain bonds
Is XRP heading above $10 or is there something else to the story?
Ripple’s cross-border token is among the most polarizing, often being the center of attention within the cryptocurrency community for major price predictions (whether bullish or bearish).
One of the recent examples came from EGRAG CRYPTO, among the most optimistic XRP commentators on X, who outlined a highly favorable chart for the asset. On the other hand, shah wondered what all the hype is about the token.
XRP’s Chart Doesn’t Lie EGRAG has made some major price predictions in the past for XRP, many of which sound unreasonable now given the asset’s struggles to remain above $1.10. However, the analyst tends to focus on the long-term price performance, trying to isolate the structure from the noise and emotion.
In their latest post on the matter, they published a chart mapping out the token’s possible future movement. It first envisions a price dip to $0.95, which aligns with other analysts’ expectations for a new low beneath $1.00, before the next major leg up.
The promising green wick for the bulls charts a run toward a new all-time high and well above. In fact, EGRAG has frequently posted targets of up to $27 for XRP during the most intense expansions of the next bull cycle.
#XRP – CHART, No Comment 🤫:
Men Lie, Women Lie But Charts and Numbers do not Lie.
Structure > Noise > Emotion. ONLY FEW 🧠 pic.twitter.com/GLbM1W1Xpd
— EGRAG CRYPTO (@egragcrypto) July 7, 2026
What’s All This Hype? In contrast to EGRAG’s bullish charts on XRP, shah asked their over 400,000 followers on X to explain all the hype around XRP. They wondered, “Why on Earth would this coin ever go to hundreds per coin?”
You may also like: XRP Suffered 22% June Loss, but History Favors a Major July Rally Ripple (XRP) Keeps Dominating ETF Flows, but Cracks Are Starting to Show This XRP Signal Has Never Looked Worse, But is That the Setup? (Analyst) The comments below were quite unfavorable for the cross-border token and those who believe it may go beyond $100. Kendall Tart explained that a triple-digit price tag would require its market cap to rocket past $6 billion. This would make XRP bigger than Apple, which sounds far-fetched, to say the least, at the moment.
Others compared XRP holders to MAGA believers, indicating that Ripple’s CEO, Brad Garlinghouse, is “their president and his cabinet are paid influencers that say buzzword points that get regurgitated over multiple social media platforms.”
Another comment predicted that it can’t and won’t go anywhere near $100. Moreover, the user proclaimed XRP as “dead” given its tokenomics, never-ending selling pressure, and “horrible internal organization.”
Japanese companies are increasingly adding bitcoin and XRP to their corporate treasuries as a weak yen pushes firms to diversify beyond cash, according to SBI VC Trade.The exchange said registered accounts across its VCTRADE and BITPOINT services have surpassed 2 million, roughly doubling since 2025 and aided by its April 2026 merger with BitPoint Japan.Demand for stablecoins such as USDC, Ripple’s dollar-backed RLUSD and the yen-pegged JPYSC, along with new lending services, is helping drive crypto adoption among retail and corporate users in Japan.Japanese companies are turning to bitcoin and XRP as a weak yen pushes them to diversify their corporate treasuries, according to SBI VC Trade, as the crypto exchange's registered accounts passed 2 million.
The crypto arm of financial group Tokyo-based SBI Holdings said use of its corporate service, SBIVC for Prime, has grown as the weak yen drives firms to spread reserves beyond cash, with added demand from companies that hand out bitcoin or XRP through shareholder-perk programs.
It reported the account milestone on Tuesday, roughly double the 1 million it counted in 2025.
The 2 million figure combines its VCTRADE and BITPOINT services and follows SBI VC Trade's April 2026 merger with sister firm BitPoint Japan. The company plans to fully integrate the two brands around the end of December, which it said should cut costs and unify service levels.
Stablecoins have been a second driver. These are digital tokens designed to hold a fixed value against a fiat currency like the dollar or yen. SBI VC Trade listed USDC in March 2025 in what it called Japan's first dollar-stablecoin listing, and in June 2026 added Ripple's dollar-backed RLUSD alongside JPYSC, a yen-pegged token it described as the country's first trust-based yen stablecoin, and began offering lending against stablecoins.
CoinDesk reported the RLUSD launch in Japan earlier this year, which ran through SBI VC Trade under the country's approval regime.
The milestone tracks a broader pickup in regulated crypto access in Japan, where a strict licensing regime has kept the market smaller than in the U.S. or South Korea but is steadily drawing retail and corporate users as stablecoins and treasury strategies take hold.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The US market for spot ETFs based on XRP has held its place in the top league, returning above the psychologically important threshold of $1 billion in net assets. According to a fresh report from SoSoValue, the combined assets under management of five funds stood at $1.05 billion.
However, a detailed look inside the sector shows that this comeback was not the result of new investment inflows, but a mathematical rescue driven by the price surge of XRP itself.
Math behind the comeback to billion-dollar clubThe US XRP ETFs returned to the billion-dollar threshold thanks to an organic recalculation of the value of their underlying holdings. Over the past week, the native cryptocurrency of the XRP Ledger posted a strong 10.5% gain, settling at $1.15 after a prolonged June decline toward the dangerous $1.00 mark.
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Since ETF balances are tightly tied to the market price of the coin, this price jump recalculated the sector's capitalization in favor of issuers and effectively saved a key institutional threshold from being lost in the eyes of major players.
Total XRP Spot ETF Net Inflow over the last 30 days, Source: SoSoValueThe breakdown of power among the funds as of July 7 looks as follows:
Bitwise (XRP): remains the largest player, with net assets returning to $330.84 million thanks to the price recovery and a local inflow of capital.Canary (XRPC): ranks second with $265.30 million.Franklin Templeton (XRPZ): confidently closes out the top three, accumulating $261.68 million. You Might Also Like
Real capital inflow, meanwhile, remained restrained. Over the reporting period, the funds collected a modest $17.19 million. Still, that was enough to extend the winning streak of inflows to nine consecutive weeks, bringing the cumulative figure since launch to $1.49 billion.
Large institutional investors are now clearly taking a wait-and-see position amid bureaucratic delays in Washington. The final vote on the CLARITY Act, which is expected to definitively establish XRP's status as a commodity, has shifted to late July or August 2026.
In this regulatory lull, the funds are simply holding their positions, while their return to billion-dollar status is entirely the achievement of XRP's revived spot price.
XRP (CRYPTO: XRP) remains in a downtrend, but positive signals from tokenized asset growth and on-chain scarcity signal sound network fundamentals.
Real-World Asset Demand SurgesAround $4 billion in tokenized real-world assets now sit on the XRP Ledger, according to market commentary shared by crypto researchers at EvernorthXRP in an X post on July 6.
This is almost four times the size of XRP’s spot ETF market.
Institutional use cases are also beginning to emerge.
Earlier this year, a tokenized Treasury redemption involving JPMorgan, Ondo and Mastercard reportedly settled on the XRP Ledger in about four seconds.
Spot XRP ETFs have also recorded eight straight weeks of net inflows, including about $23 million in the last full week of June and roughly $1.47 billion cumulatively.
Meanwhile, crypto researcher BankXRP noted that new XRP wallets climbed to 26,000 in the last full week of June, the highest weekly count since March and a 40% increase from the prior week.
"On-chain adoption doesn’t lie," the research said, asking whether XRP is in an accumulation phase or if "something bigger" is developing.
Binance XRP Scarcity Index Hits 1-Year HighIn an X post on July 6, CryptoQuant data shows the Binance XRP Scarcity Index rose to roughly 0.77 over the past three days, its highest level since mid-2024, while XRP traded near $1.10.
The increase suggests XRP availability on Binance has declined compared with previous periods, potentially due to lower deposits, higher withdrawals or more tokens moving into off-exchange holdings.
A rising scarcity index can point to reduced potential selling pressure, since fewer tokens are available for sale on the platform.
However, CryptoQuant noted that scarcity alone does not guarantee continued upside.
The key factor will be whether demand strengthens while exchange supply remains constrained.
Together, tokenized asset growth, ETF inflows, new wallets and shrinking Binance availability suggest XRP demand is appearing across multiple channels at the same time.
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In a notable recovery, the total net assets of US spot XRP based exchange traded funds have climbed back above the much watched $1 billion threshold. According to data from SoSoValue, the combined assets under management across five XRP ETFs reached $1.05 billion as of July 7, signaling renewed optimism among investors following weeks of volatility.
Price rebound, not new inflows, drives assets higherAlthough this surge in total value may look like a fresh wave of investor enthusiasm, the main driver is not a large influx of new capital. Instead, the climbing spot price of XRP has boosted the funds’ reported net assets, pushing them above the psychologically important $1 billion mark.
Over the past week, XRP’s price jumped 10.5 percent, rising to $1.15. After dipping close to $1 in June’s extended downtrend, this rebound has fed directly into the valuations of the ETFs. Because these funds are tightly linked to the underlying asset’s price, the appreciation has strengthened the outlook for both issuers and investors.
The latest rally in XRP price has pushed the total net assets of US spot XRP ETFs back above $1 billion; however, the principal factor behind this growth is the revaluation of existing holdings, not an inflow of new funds.
Bitwise leads the ETF competitionBitwise has retained its position as the largest manager in the XRP ETF segment, with its fund assets climbing to $330.84 million. This increase stems both from price recovery and a modest influx of local capital. Canary follows in second with $265.30 million, while Franklin Templeton rounds out the top three at $261.68 million. Known worldwide for its traditional financial products, Franklin Templeton’s prominence signals continued mainstream attention to XRP ETFs.
FundCodeNet AssetsBitwiseXRP330.84 million dollarsCanaryXRPC265.30 million dollarsFranklin TempletonXRPZ261.68 million dollarsDespite the rise in total assets, net new capital entering these funds remains modest. During the observed period, the combined net inflow amounted to just $17.19 million. Still, this marks the ninth consecutive week of net positive inflows since launch, with total accumulated inflows now at $1.49 billion.
Regulatory uncertainty continues to cool institutional demandMajor institutional investors remain cautious amid ongoing regulatory ambiguity. Delays in Washington’s legislative and rulemaking processes have led many large players to watch and wait instead of making significant commitments. In particular, the final vote on the CLARITY Act has been pushed to late July or even August 2026, amplifying the perception that key regulatory decisions are being postponed.
Glossary: The CLARITY Act is an ongoing legislative initiative aimed at clarifying exactly how digital assets should be regulated in the US. The bill seeks to resolve whether certain tokens are securities or commodities, reducing legal uncertainty across the industry.
With regulatory stagnation still pervasive in the market, funds have held their ground, and the renewed passing of the $1 billion mark is largely thanks to the spot recovery in XRP price.
This dynamic highlights that the recent surge in XRP ETF assets is less about soaring demand and more about improving market prices. While keeping the $1 billion level is seen as a critical milestone for funds, observers note that regulatory clarity will remain essential before institutional appetite truly accelerates.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Seven days of green. Then this. XRP dropped 2.3%, tagged $1.11, and bounced. One red candle does not kill a rally. But it does ask the rally a question, and the answer is due at $1.11.
XRP trades at $1.13 as of July 7, 2026, down 2.3% over 24 hours, per CoinGecko. The day’s range: $1.11 to $1.16. Market cap $70.29 billion, still the sixth-largest asset in crypto. Volume did not go quiet during the dip. $1.44 billion changed hands in 24 hours. Sellers showed up. Buyers met them at $1.11.
The Unique Angle: the first pullback, and where it stopped Zoom out one week and the red day shrinks. XRP is still up 8.1% over seven days, one of the stronger prints in the top 10, behind only ETH’s 11.7% and SOL’s 10%. Today was not a trend change. It was the first profit-taking session of the move, and the location of the bounce is the actual news.
The intraday chart tells it plainly. XRP opened near $1.15, bled through the European session, knifed to $1.11 around 15:00, and reversed. No panic wick below. No cascade. The dip found bids exactly where a healthy uptrend should find them: at the top of the old range, roughly where the breakout started. Also worth saying: XRP fell 2.7% against Bitcoin today. The pullback is partly rotation back into BTC, not just XRP weakness. That distinction matters for what comes next.
The other side. First pullbacks are also where failed rallies announce themselves. A bounce on day one proves nothing until it holds on day two. If $1.11 gives way tomorrow, this stops being a dip and starts being a top. Both readings are live. The level decides.
The One Number That Matters $42.6 billion. That is the gap between XRP’s fully diluted valuation ($112.91 billion) and its market cap ($70.29 billion).
Translation: 62.24 billion XRP circulate today out of a 100 billion maximum. Nearly 38 billion tokens, most of them in escrow, sit outside the market and are released on a schedule. At today’s price, that is a supply overhang worth 42.6 billion dollars standing behind every rally. It does not sell all at once, and much of each monthly release historically goes back into escrow. But it is the structural reason XRP rallies carry a built-in headwind that Bitcoin’s do not: the float grows. Anyone modeling XRP at three dollars is really modeling demand strong enough to absorb both the market and the schedule. On the constructive side, CoinGecko’s treasury tracker shows about 473.3 million XRP held in corporate treasuries, a small but real pool of supply that has chosen to sit still.
Key Levels Support: $1.11, today’s low and the line the bounce drew. Below it, the round $1.00, which is more psychology than chart but XRP has respected round numbers forever. Resistance: $1.16, today’s high. Reclaim it and the pullback is finished business. The map is narrow. $1.11 to $1.16. Five cents decide the week.
Supporting Context The pullback landed on a green board, which cuts both ways. Bitcoin held near $63,300, up 6.4% on the week. Ethereum led the majors at +11.7%. When the market rises and one major falls, the simplest explanation is usually the right one: XRP outran the pack early, and today the pack collected the spread. Rotation, not rejection. Unless $1.11 breaks, in which case rewrite that sentence.
Seasonality watchers will also note the calendar. July has historically been kind to XRP; this site has covered that pattern before, including the outsized July 2020 gain of 48%. Patterns are not promises. They are context. A 2.3% dip on July 7 does not repeal a monthly tendency, and a monthly tendency does not guarantee a green close. Hold both thoughts.
Bottom Line One red day after seven green ones is maintenance, not damage. The bounce at $1.11 was clean, the volume stayed real at $1.44 billion, and the weekly gain of 8.1% is intact. The bear case needs a close below $1.11 to exist. The bull case needs $1.16 back to resume. Until one of those happens, this is a rally catching its breath. XRP is at $1.13. Down on the day. Up on the week. Still above the line that matters.
This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research.
Frequently Asked Questions What is the XRP price today? XRP trades at $1.13 as of July 7, 2026, down 2.3% over 24 hours, with a market cap of $70.29 billion and $1.44 billion in daily volume.
Why is XRP down today? The data points to profit-taking after an 8.1% weekly gain and rotation back toward Bitcoin: XRP fell 2.7% against BTC while the broader market stayed green. The dip stopped at $1.11 and bounced.
Is the XRP rally over? Not on this evidence. The weekly uptrend is intact and the first pullback held support at $1.11. A daily close below $1.11 would be the first real warning; reclaiming $1.16 would resume the move.
How much XRP is in circulation? About 62.24 billion XRP out of a 100 billion maximum supply. Roughly 38 billion tokens remain outside circulation, most held in scheduled escrow releases.
What is XRP's fully diluted valuation? About $112.91 billion at today's price, versus a $70.29 billion market cap. The $42.6 billion gap represents the value of tokens not yet in circulation.
Can XRP hold above $1? $1 is the major psychological floor and sits below the nearer support at $1.11. As long as $1.11 holds on a closing basis, the $1 question stays academic.
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Japanese crypto exchange SBI VC Trade says registered accounts surpassed 2 million, underscoring rising domestic demand for digital assets.
Companies are increasingly turning to Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) for treasury diversification.
In an official filing, SBI VC Trade, a consolidated subsidiary of SBI Holdings, said accounts crossed 1 million in the year 2025. The significant leap can be attributed to its regulated exchange services, staking products, lending offerings and stablecoin expansion.
SBI VC Trade also highlighted growing corporate demand through its "SBIVC for Prime" service, saying it has gained traction among companies holding and using crypto assets amid the weaker yen and broader treasury diversification efforts.
The firm said Japanese companies are also increasingly using Bitcoin and XRP in shareholder benefit programs, where crypto assets are distributed as part of investor rewards.
SBI VC Trade has expanded beyond spot crypto trading into staking, lending and stablecoins.
The company began handling USDC in March 2025 and added Japan’s first yen-denominated trust-type stablecoin, JPYSC, along with Ripple’s RLUSD in June 2026.
The firm said its longer-term goal is to become Japan’s top crypto exchange while supporting on-chain finance and stablecoin adoption.
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As financial infrastructure providers turn to blockchain-based solutions to overhaul cross-border payments, the institutional use of stablecoins is rapidly expanding. The latest example is Nuvion’s integration of Ripple’s RLUSD stablecoin into its global banking and payments platform.
Unified access to fiat and digital assets via a single APIBy adding RLUSD to its AI-powered platform, Nuvion aims to deliver faster reconciliation to corporations and fintech firms. With this integration, users can seamlessly access blockchain-enabled payment flows without disconnecting from traditional financial infrastructure.
The inclusion of RLUSD marks another step in broadening Nuvion’s unified finance platform. Now, businesses can transition between fiat currencies and digital assets through a single API, enabling the use of various payment channels within the same ecosystem.
Mini glossary: RLUSD is a stablecoin developed by Ripple, designed with regulatory compliance in mind. XRPL is the open-source blockchain network in Ripple’s ecosystem, focusing on digital asset transfers.
Cross-border payments have long struggled with issues such as redundant intermediary banks, high transaction costs, delayed transfers, and limited transparency. These challenges can put pressure on company cash flows, complicate treasury management, and slow the pace of international trade.
Accelerating settlement for institutional paymentsNuvion believes that integrating RLUSD could help alleviate many of these pain points. The company’s solution aims to offer near real-time settlement, more efficient liquidity management, and blockchain-based payment options tailored for institutional use.
Nuvion CEO Keisha Clark explained that the future of global payments is real-time, programmable, and borderless, and that RLUSD integration will enable businesses to access faster settlements, greater flexibility, and modern financial services through a unified platform.
With this expanded platform, businesses can manage treasury operations across multiple currencies and embed stablecoin payments directly into their applications—without having to set up their own blockchain infrastructure. This approach may simplify payment processes and reduce technical burdens for enterprises.
Ripple strengthens RLUSD role in institutional paymentsThe partnership also supports Ripple’s strategy to promote RLUSD in enterprise payment networks. Ripple, a financial technology leader in digital payment solutions, focuses on using blockchain infrastructure for cross-border transfers.
RLUSD can be utilized on both the XRP Ledger and Ethereum networks, providing companies with access to multiple blockchain ecosystems while supporting greater liquidity in Ripple’s digital payments network.
Regulatory-compliant stablecoins are standing out as key instruments bridging the gap between traditional finance and blockchain, especially as demand grows for faster, more efficient global transactions.
Nuvion’s RLUSD integration is viewed as a significant step toward continuous, compliance-focused, and programmable networks for corporate payment infrastructure. This transformation is expected to improve payment flows in cross-border trade.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The XRP Ledger has moved closer to activating its xrpld v3.2.0 upgrade after more than 55% of trusted validators adopted the latest software version.
Summary
XRP Ledger validator adoption of xrpld v3.2.0 has climbed above 55%, moving the network closer to upgrade activation. The release introduces infrastructure updates, security fixes, and the official rename from rippled to xrpld. The fixCleanup3_2_0 amendment has 40% support, while developers continue monitoring validator migration issues. According to XRP Ledger Explorer data, 84 trusted validators, or 55.63% of the validator set, are now running xrpld v3.2.0. The latest software has also been installed on 353 network nodes, accounting for 42.12% of all nodes. By comparison, version 3.1.3 remains active on 58 validators, representing 38.41% of the validator set, and on 440 nodes, or 52.51% of the network.
XRP Ledger v3.2.0 adoption across validators and nodes | Source: XRPL Explorer On the XRP Ledger, trusted validators are responsible for approving protocol changes, while regular nodes follow the decisions made by the trusted validator list. Under the network’s governance rules, a protocol amendment requires support from more than 80% of trusted validators for two consecutive weeks before it can be activated.
Based on the current figures, roughly another quarter of the validator set must migrate to v3.2.0 before the upgrade can move toward activation.
Latest release introduces infrastructure and security changes Released as xrpld v3.2.0, the software package includes infrastructure updates, developer improvements, and bug fixes across the XRP Ledger. One of its most notable changes is the official renaming of the network’s main server software from rippled to xrpld, following the XLS-0095 proposal.
Beginning June 15, the upgrade changed configuration paths, server metadata, database directory locations, and version naming conventions. As a result, validator operators and node administrators are required to update deployment scripts and server configurations before completing the migration.
Alongside the software release, developers also introduced the fixCleanup3_2_0 amendment. According to the release documentation, the amendment contains security-related fixes covering Single Asset Vaults, the Lending Protocol, permissioned decentralized exchanges, Multi-Purpose Tokens (MPTs) and permissioned domains.
The proposal also adds new invariant checks designed to prevent deleted accounts from leaving residual ledger data, improving ledger consistency. In addition, the update allows developers and users to access XRP Ledger protocol information and server definitions without operating a full server, a change intended to simplify integrations for wallets, APIs, blockchain explorers and other automated services.
Amendment voting still has ground to cover Even as validator adoption of the software continues to climb, support for the attached fixCleanup3_2_0 amendment remains well below the activation threshold. Current network data shows the amendment has secured roughly 40% support, leaving it far short of the supermajority required for approval.
Ripple has publicly supported the amendment, helping strengthen confidence around the proposed changes. Separately, the XRP Ledger Lending Protocol recently passed an independent security audit, adding another layer of reassurance for the lending-related fixes included in the amendment.
At the same time, developers continue to monitor issues reported during validator migrations. A GitHub issue tracked under report #7581 describes a case where the service log displayed the correct new validator public key while the running server continued using the older public key stored in the wallet database.
The report attributes the discrepancy to validator migration behavior rather than the protocol itself, highlighting an operational issue that node operators may need to address as adoption of xrpld v3.2.0 continues to expand.
Ripple has secured full MiCA approval in Luxembourg as XRP spot ETFs have extended their inflow streak to eight consecutive weeks, even as XRP traded lower over the past 24 hours.
Summary
Ripple has secured a full MiCA license in Luxembourg, allowing regulated crypto services across the European Economic Area. XRP spot ETFs have extended their inflow streak to eight weeks, with cumulative net inflows reaching $1.49 billion. XRP is holding near key technical support around $1.12 as traders watch for a move toward $1.15–$1.18. According to Ripple, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) has granted the company a Crypto-Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets (MiCA) framework.
It’s official: Ripple has received its EU CASP license. We are now fully MiCA-compliant and ready to meet growing European crypto demand https://t.co/I9GRgvfGzH
— Ripple (@Ripple) July 6, 2026 The approval allows Ripple to passport regulated crypto services across all 27 European Economic Area member states, strengthening its regulated payments business in the region.
According to data from crypto.news, XRP (XRP) traded at around $1.13 on Tuesday, down 1.1% over the previous 24 hours, although the token remained nearly 9% higher for the week. The decline came while Bitcoin held onto weekly gains of more than 10%, despite weakness in U.S. equities and higher oil prices linked to geopolitical tensions.
Investors also continued to watch developments surrounding the final version of the GENIUS Act, expected before July 18, while Ether changed hands near $1,800.
Ripple adds another EU regulatory approval Following its initial MiCA clearance in June, Ripple said the newly issued CASP license completes its authorization process under the EU’s digital asset rules. The company noted that the approval complements its existing European e-money license, allowing it to offer regulated crypto payment services throughout the European Economic Area.
Ripple said the combined regulatory approvals support its cross-border payments business serving banks, financial institutions, and enterprises while providing a clearer compliance framework for crypto transactions. The company also expects the licensing framework to support adoption of both XRP-based payment products and its RLUSD stablecoin in Europe.
Commenting on the development, Ripple’s Managing Director for the UK and Europe, Cassie Craddock, said the company is now fully prepared to expand under the MiCA framework after completing the regulatory transition.
We’re fully licensed in Europe and excited to keep building on the incredible momentum of recent months. Let’s go!🚀 https://t.co/LVKKKgpKVX
— Cassie Craddock (@CraddockCJ) July 6, 2026 Technical indicators also suggest XRP is testing an important level following its recent rally. On the 4-hour chart, the token is trading near the 61.8% Fibonacci retracement around $1.12 while remaining above the Supertrend support near $1.11.
XRP 4-hour price chart — July 7 | Source: crypto.news At the same time, Chaikin Money Flow has stayed slightly above zero, indicating buying interest has not fully disappeared despite the recent pullback.
ETF demand continues supporting XRP Institutional interest has remained steady alongside Ripple’s regulatory progress. According to SoSoValue, XRP spot exchange-traded funds have now recorded eight consecutive weeks of net inflows, with cumulative net inflows reaching $1.49 billion.
SoSoValue data showed no new daily inflows on July 6, but cumulative assets under management continued to stand at approximately $1.05 billion, representing about 1.47% of XRP’s total market capitalization.
Trading activity across listed XRP spot ETFs reached $14.48 million during the latest session. Bitwise’s XRP fund remained the largest with $330.84 million in net assets, followed by Canary at $265.30 million and Franklin at $261.68 million. According to SoSoValue, the XRP-linked investment products also finished the session with gains of more than 5%.
From a technical perspective, XRP continues to move within a descending corrective channel after climbing from roughly $1.02 to $1.18 earlier this month. Holding above the $1.12 support zone could keep attention on resistance near $1.15 and the recent high around $1.18, while a break below that level would expose the next support near the 50% Fibonacci retracement around $1.10.
Another analyst outlined an 'insane' correlation between ETH and the copper/gold chart.
Ethereum’s slow and gradual rebound from the $1,500 lows reached recently continues, but the asset is now testing one of the most important resistance lines on its path to recovery.
Analysts are convinced that breaking through this level will open the door for a run to $2,000 and even beyond. For now, though, it remains a mirage.
Can ETH Break Through? With ETH trading close to $1,800, analyst Ali Martinez noted that this is the key bullish trigger that needs to fall decisively. In a post on X, he explained that its significance stems from the fact that the 0.8 MVRV Pricing Band is positioned there as resistance.
He predicted that a daily close above it, followed by a successful hold as support, would “strengthen the bullish case and could open the door for a move toward Ethereum’s Realized Price at $2,245.” Recall that the altcoin hasn’t traded above $2,000 in a month, and the last time it stood at its Realized Price was in mid-May.
Martinez doubled down on the importance of the $1,800 level, suggesting that the TD Sequential resistance trendline also sits there.
“A break above both $1,796 and $1,816 could trigger a bullish breakout. From a technical perspective, such a move would also increase the probability that ETH breaks through the top of the channel at $1,844 and begins marching toward the $2,245 Realized Price.”
Fellow analyst Ted Pillows shared a similar opinion, noting that ETH recently challenged the $1,820-$1,850 resistance, only to be rejected. The good news is that it continues to trade above $1,750, and Pillows predicted a surge to $2,000 if the aforementioned resistance is reclaimed.
Insane Correlation Michaël van de Poppe, on the other hand, outlined a rather unexpected correlation that would support the narrative for a bigger Ethereum rally soon. He noted that the “business cycle is often phrased through the copper/gold chart,” which was evident during the 2017 and 2021 cycles. Only the 2024 cycle didn’t see such a positive correlation.
You may also like: Bitmine Buys Another 42K ETH as 5% Supply Goal Comes Within Reach Bitcoin (BTC) Dips Below $62K, Ethereum (ETH) Plunges 6% Daily: Market Watch 5 Reasons Why Bitcoin Just Crashed Below $63K as Liquidations Top $500M He believes the chart between the precious metals is a “great indicator of market momentum” that has just broken upwards massively, and it has “flipped a 4-year-long downtrend up to an upwards trend.”
“Usually, ETH follows through, although with some lag, as there needs to be more confidence in the markets. A matter of time until the crypto markets are finally picking up momentum,” he concluded.
On Tuesday, July 7, 2026, Ethereum remained one of the key assets under close watch by investors. Market attention is now focused on whether Ethereum’s price can reclaim a critical breakout level, a step seen as crucial for strengthening the bullish outlook. Technical analysis highlights the need for sustained moves above certain levels to signal a clear return to upward momentum.
Key resistance area in focusAt the time this report was prepared, Ethereum was trading at $1,766. The daily loss was mild at 0.13%, while trading volume surged 56.03% to reach $17.32 billion. Despite short-term price weakness, the volume uptick suggests that traders remain uncertain about the market’s next direction.
Crypto analyst Ali Martinez notes that Ethereum is currently testing the 0.8 MVRV price band at $1,796. According to Martinez, this region acts as resistance, while the $1,800 zone could trigger further upside if broken decisively.
Ali Martinez stresses that a daily close above $1,796 and turning this level into support is needed for Ethereum’s bullish scenario to strengthen.
The MVRV (Market Value to Realized Value) is an indicator tracking the relationship between market cap and realized value, often used by analysts to identify historically expensive or discounted price zones. Realized price refers to the average acquisition cost of coins based on their last on-chain movement.
Mini glossary: The MVRV price band is a technical framework derived from the market value to realized value ratio. Realized price represents the average cost basis of circulating coins, calculated according to their most recent on-chain transfers.
Martinez points out that the $1,796 level is important not only as horizontal resistance but because it coincides with key technical indicators. The TD Sequential resistance line sits close by, while the risk line is positioned at $1,816. Should Ethereum move above both $1,796 and $1,816, the next focus becomes the channel resistance at $1,844. If this area is surpassed, the longer-term realized price target at $2,245 comes into play.
LevelTechnical significance$1,760Nearby liquidity zone$1,796Main resistance and critical breakout threshold$1,816TD Sequential risk line$1,844Channel resistance$2,245Realized price targetDerivatives volume rises, open interest dipsData from CoinGlass shows heightened activity in Ethereum’s derivatives market. Futures volume jumped 72.57% to $45.93 billion. In contrast, open interest slipped by 0.89%, now totaling $24.40 billion. The dominant funding rate stood at 0.0065% for open positions.
A liquidation heatmap reveals that Ethereum is trading close to a significant liquidity pocket around $1,760. This level has become a critical area where price momentum stalled after brief surges above $1,800. A dip below $1,760 could undermine Ethereum’s short-term technical structure.
Upward liquidity clusters are concentrated at $1,800, $1,830, and $1,850, which largely aligns with the main breakout range highlighted in the technical analysis.
Moving averages and RSI send mixed but constructive signalsTechnical indicators reveal Ethereum’s price is oscillating between two key short-term moving averages. It has stalled below the 50-day exponential moving average at $1,804.1, which now acts as near-term resistance. However, Ethereum remains above its 20-day EMA at $1,709.60, a level currently providing support.
On a longer horizon, significant resistance barriers remain. The 100-day EMA stands at $1,967.6, and the 200-day EMA is at $2,251.0. Altogether, the market structure suggests that Ethereum must overcome multiple resistance levels to accelerate a broader recovery.
The relative strength index also signals growing buyer strength. The RSI is now at 55.18, with its average at 43.19. While these numbers do not suggest overbought conditions, analysts emphasize that a clear break above resistance is needed to sustain the current uptrend.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The cryptocurrency market continues to struggle with dominant headwinds, with Bitcoin (BTC) hovering around the short-term $63,000 support, Ethereum (ETH) holding below $1,800 and Ripple (XRP) testing the demand area at $1.13.
Although the crypto Fear & Greed Index edged up to 27 on Tuesday from 24 the day before, sentiment remains firmly entrenched in Fear territory.
Persistent headwinds in the spot market, driven by the absence of major catalysts and ongoing macroeconomic uncertainty, continue to constrain momentum.
Crypto Fear & Greed Index | Source: AlternativeBitcoin, Ethereum attract capital inflows as XRP lagsBitcoin spot Exchange-Traded Funds (ETFs) are experiencing a steady return in inflows totaling $266 million on Monday and $222 million on Friday. The return of inflows broke an extended period of outflows, tracking back to June 16. Meanwhile, cumulative inflows stand at $51 billion, with net assets under management averaging $77 billion. If sustained, the inflows could boost Bitcoin’s recovery outlook.
Bitcoin ETF flows | Source: SoSoValueThe bullish outlook extends to Ethereum, as spot ETF outflows logged their third consecutive day of inflows, including roughly $15 million on Thursday, $29 million on Friday and approximately $21 million on Monday. Cumulative inflows hold steady at $11 billion, while net assets under management stand at near $10 billion.
Ethereum ETF flows | Source: SoSoValueAs for XRP, investor interest remains on the back foot, given the spot ETFs failed to register any flows on Monday. SoSoValue data shows an outlier of nearly $7 million in inflows on Friday. Meanwhile, cumulative inflows remain steady at $1.49 billion, while net assets under management average $1 billion.
XRP ETF flows | Source: SoSoValueRetail participation in the XRP derivatives market continues to weaken, as evidenced by a steady decline in perpetual futures Open Interest (OI). CoinGlass data shows OI slipped to $2.38 billion on Tuesday, extending a downtrend from $2.39 billion on Monday and $2.58 billion on Sunday.
From a broader perspective, current OI levels remain a fraction of the July 22 peak at $10.94 billion. Unless retail demand rebounds, a meaningful near-term recovery appears unlikely amid persistent investor fatigue.
XRP Futures OI | Source: CoinGlassPrice analysis: Bitcoin stays under pressureBitcoin trades above $63,000, keeping a bearish near-term bias as price remains below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) at $65,681, $69,349 and $75,460 respectively. The Parabolic SAR around $58,976 offers the nearest technical floor.
Meanwhile, momentum is mixed, with the Relative Strength Index (RSI) hovering just below the neutral 50 mark on the daily chart and the Moving Average Convergence Divergence (MACD) histogram holding in positive territory but not yet signaling a strong bullish acceleration.
BTC/USDT daily chartOn the topside, immediate resistance lies at the 50-day EMA at $65,681, followed by the 100-day EMA at $69,349 and then the more strategic 200-day EMA near $75,460, which collectively cap the broader recovery attempts. On the downside, initial support is highlighted by the Parabolic SAR level at $58,976, where buyers could attempt to slow any deeper pullback before the pair re-evaluates the current bearish structure.
Altcoins technical outlook: Ethereum and XRP decline amid mounting downside risksEthereum holds below a dense layer of moving average resistance and thus retaining a capped, mildly bearish near‑term tone. The spot price remains under the 50‑day EMA at $1,806, with the 100‑day EMA at $1,969 and the 200‑day EMA at $2,252 stacked higher, reinforcing the broader downside bias under the prevailing downward resistance trendline.
Momentum is constructive, with the MACD above zero and the RSI near 55 on the daily chart, which hints at recovery potential but does not yet negate the overhead technical barriers.
ETH/USDT daily chartInitial resistance emerges at the 50‑day EMA around $1,806, followed by the 100‑day EMA at $1,969 and then the 200‑day EMA near $2,252, where the longer‑term downtrend line also weighs, forming a broader supply zone. On the flip side, the latest Parabolic SAR reading at $1,592 offers the next notable support level. A break toward that area would signal fading bullish momentum, while a sustained move above $1,806 would be the first step toward easing the current bearish cap.
XRP, on the other hand, trades at $1.13, keeping a bearish near-term bias as price holds within a downward parallel channel and below the 50-day, the 100-day and the 200-day EMAs at $1.18, $1.28 and $1.50 respectively.
The pair also hovers closer to the lower half of the channel, with the Parabolic SAR offering support at $1.02 while the RSI eases back from the mid-50s on the daily chart, hinting at waning bullish momentum after the recent bounce.
XRP/USDT daily chartInitial resistance lies at the channel top near $1.17, followed by the 50-day EMA at $1.18, with the 100-day EMA at $1.28 and the 200-day EMA at $1.50 reinforcing a broader cap on recovery attempts. Looking down, immediate support emerges at the Parabolic SAR level around $1.02, ahead of the structural floor at the channel bottom near $0.83, where a break would likely extend the prevailing downtrend within the current daily structure.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.
U.S. President Donald Trump restated his approval of cryptocurrency, asserting American leadership and rejecting the regulatory measures. The record stablecoin transactions and growth of Ethereum as an asset in digital finance keep bringing market and institutional interest. President of America, Donald Trump, reasserted his support for cryptocurrency during his recent speech as part of the growing relevance of cryptocurrency in international financial markets. In an interview, Trump stressed the need for America to stay ahead as digital assets expand internationally.
Trump said:
“I’m a big crypto guy only for one reason. If we don’t have it, China is going to have it. They would like to have it. I wasn’t initially. I didn’t know much about it. But I watched it grow, and it’s a huge industry.”
However, there was criticism of the previous government’s policies related to the digital currency industry and cryptocurrency-related companies. He said that regulations caused additional stress for the industry while it was growing.
Trump added:
“I went very pro-crypto, as you know; Biden was totally against it. But he had no idea what crypto is. They were very violently against it. What they were doing to crypto was horrible. Amazingly, it survived that onslaught.”
These comments were made during the unveiling of the new savings program by Trump called Trump Accounts. Bitcoin is not included in the program now; however, it may be considered later.
Blockchain and Stablecoin Transactions Continue Growing In addition to statements from Trump, blockchain continued to show increasing signs of adoption in digital asset markets. Stablecoin transactions grew to a historic high of $1.79 trillion in June, as adoption continues to grow within the blockchain payment networks.
USDT and USDC are the leading stablecoins in terms of circulation. Ethereum, Tron, and Solana still have the largest number of stablecoins and their transactions. Regulated adoption of stablecoins could potentially increase activity within these blockchain networks, according to market analysts.
Attention also returned to Ethereum following comments made by analyst Vivek Raman on its future use within tokenized financial markets. According to Raman, Ethereum could eventually host trillions of dollars worth of tokenized assets and financial products as blockchain adoption grows. He reiterated his long-term Ethereum price forecast at $250,000, although he admits this would take some more time.
Market Attention on Adoption Continues The latest comments from Trump, in addition to high stablecoin transaction volumes, have continued to garner attention in cryptocurrency markets. Investors and analysts continue to keep their eyes on the increasing presence of Ethereum in tokenization and blockchain technology. Despite the continued attention paid to regulations, institutional adoption, and blockchain usage, it becomes increasingly clear that digital assets are becoming a bigger part of the financial system.
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In This Article Korea's XRP Ripple Premium Is Structural, Not AccidentalWhale Activity and Exchange Outflows Back the Retail StoryXRP Price Context: Recovery in Progress, Global Volume Softer XRP Ripple has reclaimed the top spot on Upbit, South Korea’s largest cryptocurrency exchange, with $52.33M in 24-hour trading volume, outpacing Bitcoin at $42.14M and Ethereum at $24.30M on the same venue.
Roughly 10% of Upbit’s entire $493.74M daily crypto exchange volume was in XRP while the two largest coins by global market cap finished second and third.
(SOURCE: CoinGecko)
The gap matters because Bitcoin and Ethereum represent the default institutional benchmarks for crypto demand. When XRP trading volume overtakes both on a major regulated exchange, it is a signal that Korean retail capital is rotating toward the token with intention, not just chasing a news headline.
Even with XRP dominating trading volume in South Korea, the token is trading at $1.13, down -1.4% over the past 24 hours, with overall daily trading volume at just over $1.71Bn.
Korea’s XRP Ripple Premium Is Structural, Not Accidental The current volume snapshot fits a pattern that has been building for years. According to Upbit’s own disclosure, XRP was the exchange’s largest digital asset by cumulative trading volume in 2025, surpassing $1 trillion in trading volume on the platform and exceeding Bitcoin’s total.
Ryan Yoon, an analyst at Tiger Research cited by Investing.com, attributes the sustained dominance to South Korean retail investors, particularly those in their 40s and 50s, rotating capital out of domestic and US equities and back into crypto, with XRP as their primary target.
Earlier this year, XRP trading volume on Upbit surged 289% in a single hour during a momentum window, compared to a 128% increase on Binance over the same period.
The divergence illustrates just how sensitive the Korean crypto market is to XRP price catalysts relative to global venues. PANews reports that approximately 15% of global XRP trading volume now originates from South Korea.
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Whale Activity and Exchange Outflows Back the Retail Story 🚨🚨🚨Something interesting is happening with $XRP liquidity.
Upbit just took the top spot in XRP trading volume, beating Binance, Coinbase, and every other global exchange on the heatmap.
Liquidity is positioning before headlines catch up.
Why is South Korea betting on $XRP? pic.twitter.com/OG61uKXEo1
— X Finance Bull (@Xfinancebull) March 8, 2026
The volume data is one half of the picture. The other is where the coins go after they are traded. In May, an unidentified investor withdrew 6.3 million XRP from Upbit in a single transaction.
Around the same time, on-chain data tracked by CoinGlass showed whale investors, large holders whose moves can shift market structure, pulled $135M worth of XRP off exchanges in a single week.
Exchange outflows, where coins move from trading platforms into private wallets, are a standard on-chain metric (a measure derived directly from blockchain transaction data) interpreted as accumulation rather than selling preparation.
Data from CoinGlass shows net XRP outflows from exchanges totaled $30.38M over the past seven days and $147.50M over the past month.
That combination, high spot trading volume on Upbit alongside sustained net outflows globally, suggests two distinct buyer cohorts: active Korean retail traders on one side and longer-horizon accumulators on the other.
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XRP Price Context: Recovery in Progress, Global Volume Softer The "3rd Retest" would be a gift 🎁 $XRP https://t.co/VaSUr4R1OR pic.twitter.com/kRbJ4Sc36Z
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) July 6, 2026
On the XRP Ripple price, the token bottomed at $1.01 during last month’s broader market selloff before recovering to approximately $1.14, a 12.87% rebound. Over the past week, it is up +8%, with a -1.4% loss in the most recent 24-hour window. XRP’s current market capitalization is roughly $77Bn, ranking it sixth among cryptocurrencies globally.
One counterpoint worth flagging: global XRP trading volume over the same 24-hour period fell 31% to approximately $1.21Bn. The strength on Upbit is therefore a Korean-specific phenomenon running against a softer global backdrop, not a uniform global surge.
That divergence reinforces the argument that domestic Korean crypto market dynamics, retail rotation, KRW liquidity depth, and Ripple’s longstanding relationships with Korean remittance providers are doing the heavy lifting.
Institutional demand is also building alongside the retail story. XRP-linked ETFs have attracted over $1.21Bn in cumulative inflows globally, according to data cited by TradingView, while Bitcoin and Ether spot ETFs recorded net outflows over the same period.
That institutional channel may eventually decouple XRP’s Korean spot activity from pure retail sentiment and anchor it to a broader demand base.
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Bitmine Immersion Technologies (NYSE: BMNR), the leading corporate Ethereum treasury company chaired by Tom Lee, has continued its aggressive accumulation strategy with the purchase of 42,197 additional ETH over the past week. The latest batch brings the firm’s total Ethereum holdings to 5,742,237 tokens, representing approximately 4.8% of Ethereum’s circulating supply of roughly 120.7 million tokens.
This steady pace of buying aligns with Bitmine’s long-term “Alchemy of 5%” objective of securing a meaningful ownership stake in the world’s leading smart contract platform.
Chairman Tom Lee emphasized that the company has sustained consistent acquisitions throughout 2026 and expressed confidence that the target could be reached later this year.
He described the current environment as the early stages of a “crypto spring,” driven by improving market sentiment and expectations for greater regulatory clarity around digital assets.
As of July 5, 2026, Bitmine’s overall portfolio of digital assets, cash, marketable securities, and strategic investments reached $11.1 billion.
The treasury includes the substantial ETH position (valued at prevailing market prices near $1,800 per token), 206 Bitcoin, approximately $527 million in cash and securities, and targeted stakes in ventures such as Beast Industries ($180 million) and Eightco Holdings (NASDAQ: ORBS, $71 million).
These “moonshot” positions provide indirect exposure to emerging technologies and sectors beyond core crypto holdings.
A significant portion of Bitmine’s Ethereum—around 85% or 4,879,157 tokens—is already staked through its MAVAN (Made in America VAlidator Network) platform and partner infrastructure.
This staking activity generates attractive yields and is projected to deliver roughly $235 million in annualized rewards at current levels, with potential upside as more assets move into staking.
Lee highlighted that Bitmine now stakes more ETH than any other entity globally, underscoring its position as the premier Ethereum-focused treasury operator.
The company’s approach contrasts with Bitcoin-centric treasury strategies, positioning Ethereum as its primary reserve asset while leveraging native protocol features like staking and decentralized finance.
Bitmine benefits from backing by prominent institutional investors and recently gained inclusion in the Russell 1000 Large-Cap Index, which is expected to attract additional passive investment flows.
Lee also noted rising optimism around potential US regulatory developments, such as the CLARITY Act, which could further support Ethereum’s utility in real-world applications including layer-2 networks and payment systems.
With consistent accumulation and strong staking economics, Bitmine continues to strengthen its balance sheet while contributing to broader institutional adoption of Ethereum. The firm remains the world’s largest corporate holder of ETH and ranks among the top global digital asset treasuries overall.
Anchorage Digital, the operator of the United States’ federally chartered crypto bank, has added support for Lido, Ethereum’s largest liquid staking protocol. The move gives institutional clients direct, compliant access to wrapped staked Ether (wstETH) entirely within Anchorage Digital’s regulated platform, eliminating the need to move assets to external services.
Institutions can now connect straight to Lido’s decentralized application from Anchorage Digital to mint wstETH by depositing Ether or redeem it back into ETH. wstETH automatically accrues staking rewards from Ethereum’s proof-of-stake network while remaining fully liquid and transferable.
This solves several pain points of traditional ETH staking, including long unbonding periods, the operational burden of running validators, and capital that would otherwise sit idle.
The integration forms part of Anchorage Digital’s broader effort to deliver a complete suite of on-chain capabilities—staking, liquid staking, restaking, governance, and settlement—under institutional-grade custody and compliance controls.
Clients retain full oversight of their positions without introducing new counterparties or fragmenting their operational workflows.
For institutions, the primary advantages center on capital efficiency and flexibility. wstETH can serve as collateral in lending markets, participate in decentralized exchanges, or support cross-chain strategies without first unwinding a stake.
This allows sophisticated allocators to generate yield from Ethereum staking while keeping assets productive across multiple DeFi protocols.
Nathan McCauley, Co-Founder and CEO of Anchorage Digital, described liquid staking as one of the most important building blocks for institutional participation in Ethereum.
He stated that the Lido integration removes the operational and security compromises that have historically kept large investors on the sidelines, advancing the goal of making advanced on-chain infrastructure truly institution-ready.
Kean Gilbert, Head of Institutional Relations at the Lido Ecosystem Foundation, noted that institutional adoption succeeds when access aligns with how institutions actually operate.
He highlighted that bringing wstETH into a major U.S. regulated platform strengthens the role of stETH and the Lido protocol in professional Ethereum staking environments.
Anchorage Digital, founded in 2017 and based in San Francisco, operates under a federal banking charter and holds additional licenses in Singapore and New York (BitLicense).
The company is backed by investors including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, and carries an approximate valuation of $4.2 billion.
Its global footprint includes offices in New York, Singapore, Portugal, and South Dakota.
By embedding Lido’s liquid staking directly into a regulated custody environment, Anchorage Digital lowers barriers for institutions seeking Ethereum yield.
The development reflects the ongoing maturation of on-chain finance, where regulated platforms increasingly bridge traditional institutional requirements with the composability and efficiency of decentralized protocols. As more firms gain seamless access to products like wstETH, participation in Ethereum staking and related DeFi activities is expected to grow among professional allocators seeking both yield and operational simplicity.
Ethereum (CRYPTO: ETH) is enjoying a small rebound as institutional adoption and supportive chart patterns align for a 13% one-week gain.
ETH Seeing Strong TractionSpeaking on the Milk Road Show on July 6, Consensys founder Joe Lubin said the Ethereum ecosystem is seeing strong behind-the-scenes traction from traditional financial institutions, financial market infrastructure firms and builders working on decentralized rails.
SharpLink Gaming Inc. (NASDAQ:SBET), where Lubin serves as chairman, recently resumed ETH purchases, buying 10,000 ETH after an eight-month pause.
SharpLink CEO Joe Shalom said the company remains focused on increasing ETH per share while making its holdings productive through staking, liquid staking, re-staking and DeFi strategies.
Shalom said SharpLink is the second-largest corporate holder of ETH and aims to give investors "directional access" to ETH, while generating additional yield from the asset.
He argued that Ethereum is already winning across key institutional crypto categories, including stablecoins, tokenized real-world assets, DeFi and emerging agentic payment activity.
Lubin said Ethereum’s long-term advantage lies in being one of the only "rigorously decentralized" protocols, alongside Bitcoin (CRYPTO: BTC)
Ethereum’s Bullish TriggerIn an X post on July 7, crypto chart analyst Ali Martinez noted Ethereum is testing a key resistance zone around $1,796, where the 0.8 MVRV Pricing Band aligns with a TD Sequential resistance trendline.
A daily close above this level, followed by a successful retest as support, could strengthen the bullish outlook.
Analysts say a break above $1,816 would improve the chances of Ethereum clearing $1,844 channel resistance and advancing toward its realized price near $2,245.
Price action: ETH is up 13% over the past week, outperforming Bitcoin’s 7% gain.
Image: Shutterstock
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Bitcoin and Ethereum supplies on exchanges are reported to be near their lowest levels since 2017 and 2015, respectively, according to Santiment. This development suggests a significant shift of these digital assets away from centralized platforms into long-term holdings, staking, and decentralized finance options. The decrease in exchange supplies could be indicative of reduced sell-side liquidity, potentially leading to increased price pressures if demand remains strong. Market participants appear to view this trend as consistent with long-term holding patterns and institutional accumulation.
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Key Takeaways Bitcoin and Ethereum exchange supplies are at historic lows, suggesting reduced sell-side liquidity. Market activity implies a shift toward long-term holding and institutional accumulation for both assets. Pricing suggests participants view this supply squeeze as potentially increasing upward price pressures on Bitcoin and Ethereum. What to Watch Market observers will be closely monitoring any changes in Bitcoin and Ethereum’s demand dynamics, as continued strong demand could amplify price increases. Key indicators include institutional investment flows, particularly through ETFs and staking platforms. Additionally, regulatory developments and technological upgrades within the Ethereum network could further impact market pricing, as seen with previous major updates such as The Merge.
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Contract Odds Δ since publish Volume 24h December 31, 2026 1.2% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 3% — — View market → December 31, 2026 4.2% — — View market → December 31, 2026 5.5% — — View market → January 1 2027 11.5% — — View market → January 1 2027 17.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 2.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 7.5% — — View market → January 1 2027 67.6% — — View market → January 1 2027 11% — — View market → January 1 2027 3.9% — — View market → January 1 2027 22% — — View market → January 1 2027 44% — — View market →
J.P. Morgan Asset Management has put roughly $800 million in assets on the public Ethereum blockchain, spread across two tokenized money market funds.
Two funds, one blockchain The first fund, called MONY, launched in December 2025 with $100 million in seed capital. The second, JLTXX, followed on May 13, 2026, also seeded with $100 million from J.P. Morgan itself.
JLTXX has been the breakout performer. In its first month alone, the fund’s assets under management surged roughly 250%, climbing to around $695 million by early July 2026.
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Both funds are backed by US government Treasuries and repurchase agreements, represented as tokens on Ethereum instead of entries in a legacy custody system.
Investors access the funds through J.P. Morgan’s Morgan Money platform, where they can subscribe and redeem using either cash or stablecoins like USDC. Token balances sit in Ethereum addresses, meaning settlement happens on-chain.
Anchorage Digital, a federally chartered crypto bank, was among the early investors in JLTXX.
From private chains to public rails J.P. Morgan’s blockchain journey didn’t start here. The bank launched its Kinexys platform back in 2020, originally focused on permissioned networks and private transactions.
Why this matters for investors The rapid growth of JLTXX, from $100 million to $695 million in roughly a month, suggests that institutional allocators are moving capital onto public blockchains at significant pace.
BlackRock launched its own tokenized Treasury fund, BUIDL, and Franklin Templeton has been on-chain for even longer. J.P. Morgan’s entry at this scale raises the stakes for every asset manager that’s been treating tokenization as a future project rather than a present reality.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Tiger Brokers upgrades Coinbase's rating to "Buy", sets target price at $200.
Tiger Brokers has upgraded its rating on Coinbase from "Hold" to "Buy" and set a $200 price target. The firm stated that after a sharp pullback earlier, the risk-reward ratio has improved, Bitcoin’s toughest bear market phase may be over, and a new cryptocurrency market cycle is expected to kick off, fueled by recovering liquidity, rising institutional demand, and improved risk appetite.
3 hours ago
SpaceX's listing has driven record highs in tokenized stock trading, with on-chain transaction volume reaching $3.86 billion in June.
Driven by SpaceX's record IPO, on-chain tokenized stock trading volume surged 145% month-over-month in June to $3.86 billion, hitting an all-time high. Of this total, trading volume for tokenized SpaceX stock (ticker: SPCX) reached $1.19 billion, accounting for 31% of the monthly tokenized stock trading volume. The SPCX token issued by BlackRock Securities saw $1.08 billion in trading volume, the market's most active product, while SPCXx from xStocks recorded $852 million. The total market capitalization of the tokenized stock market rose to $1.53 billion in June, up 6.64% month-over-month, marking the 15th consecutive month of growth. While popular assets like Nvidia and Tesla remain actively traded, market attention has clearly tilted toward SpaceX.
3 hours ago
U.S. SEC Releases 2026 Regulatory Agenda, Proposes Revisions to Rules for Crypto Trading Platforms and Brokers
U.S. SEC releases its 2026 regulatory agenda, with plans to advance crypto asset regulatory reform by the end of this year. The agency intends to revise multiple rules applicable to broker-dealers and crypto trading platforms, including adjusting brokers’ minimum liquid capital requirements, customer asset protection standards, and record-keeping provisions, to clarify how these rules apply to crypto assets. Meanwhile, the SEC also plans to revise the regulatory framework for trading platforms and explore launching "safe harbor" and regulatory exemption mechanisms related to crypto asset issuance, custody, and trading—aiming to provide clearer regulatory guidance for the market while continuing to crack down on illegal activities. The SEC notes that the new rules are designed to enhance market certainty, boost capital formation and innovation, and ensure adequate investor protection. This direction aligns with the industry-friendly regulatory path SEC Chairman Paul Atkins has pursued since taking office, marking a sharp contrast to the law enforcement-dominated regulatory approach of former Chairman Gary Gensler.
3 hours ago
The $9.9 billion stock swap deal between Naver and Dunamu has been delayed again until the end of the year, as South Korea’s digital asset law remains unresolved.
Naver Financial and Dunamu have delayed the completion of their full stock swap transaction to December 31, marking the second postponement of the deal. The transaction, which aims to integrate Dunamu—operator of South Korea’s largest crypto exchange Upbit—into Naver Financial, was originally scheduled to close on September 30. Dunamu unveiled the new timeline on the 6th via a corrected disclosure of documents first submitted last November, with unfinished digital asset legislation and pending antitrust review cited as key variables. The company has pushed its extraordinary general meeting from August 18 to November 19, and reset the shareholder record date to October 22. Multiple government approvals remain required for the deal to proceed, including merger clearance from the Korea Fair Trade Commission (FTC), approval for Naver Financial’s major shareholder change under credit information regulations, and acceptance of Dunamu’s major shareholder change filing under specific financial transaction information laws. Dunamu noted that progress in any of these steps could further extend the timeline or even lead to the deal’s collapse. It also pointed out that the Digital Asset Basic Act currently under parliamentary review is a practical variable affecting the transaction’s progress and outcome. When the bill is enacted, regulators are simultaneously considering imposing bank-style strict liability rules on exchanges, requiring platforms to compensate users for losses caused by hacking incidents.
3 hours ago
View: Despite weak stock performance, the AI industry "still revolves around NVIDIA"
CNBC stock commentator Jim Cramer said that despite recent weak market sentiment toward Nvidia and sustained pressure on its share price, the company remains a core player in the AI industry. He noted the current sell-off of Nvidia has been excessive, with its forward price-to-earnings (P/E) ratio dropping to near this year’s lowest levels. Cramer pointed out that while some firms—including Chinese AI company DeepSeek—are developing in-house AI chips, they still heavily rely on Nvidia’s technology, and no signs have emerged yet that the company will lose its industry-leading position. Additionally, he stated that some investors have sold Nvidia shares recently to free up capital for other tech stocks, including newly listed SpaceX.
3 hours ago
SanDisk, Seagate, and Western Digital have dropped more than 30% from their all-time highs.
According to market data from BIT (bit.com), US stocks opened lower and trended downward during Tuesday’s trading session. The Philadelphia Semiconductor Index fell more than 6%, and the storage sector extended its losing streak. SanDisk dropped over 36% from its historical high half a month ago; Seagate is down 31%, Western Digital 35%, and Micron 28% from their respective highs.
An Ethereum trader lost nearly $2 million after a decentralized exchange router directed a $2.01 million Ether swap through a low-liquidity pool, allowing block builder Titan to extract $1.8 million from the transaction in a single block. Blockchain security firm GoPlus Security called the incident a textbook case of same-block backrun extraction.
How the Swap Collapsed Into a 99% Loss The trader swapped 1,126.44 Ether, worth approximately $2.01 million, but received only 5,776 Lighter (LIT) tokens valued at roughly $14,500. The swap routed approximately 1,117 Ether into a low-liquidity AVAIL/WETH pool on Uniswap v3, executing at roughly 120 times the sustainable price for AVAIL, GoPlus Security said.
After the trader received about 6.67 million AVAIL tokens at the inflated price, the router involved, identified as 0x router, sold a small amount of externally sourced AVAIL into the same pool. That trade extracted about 1,072 WETH before paying out 1,018 ETH, worth $1.8 million, to Titan as a builder reward.
The remaining AVAIL tokens were then converted into $14,200 worth of LIT, marking a 99.3% loss on the original swap. The transaction took place on July 7, 2026, at 1:59 a.m. UTC, as confirmed by on-chain data.
A Preventable Loss, One Trader Says GoPlus Security distinguished the exploit from a conventional sandwich attack. “This was a real, highly imbalanced backrunner arbitrage, not a classic sandwich attack,” the firm said.
The key difference is that no front-running trade preceded the victim’s swap. Instead, the extraction happened entirely through same-block arbitrage after the trade was routed into the illiquid pool.
Crypto trader Ruslan Khairullin said the loss was avoidable. “This is what happens when you click confirm faster than you read the route,” Khairullin wrote on X. Reviewing transaction routing before signing would have revealed the path through the low-liquidity pool, he noted.
MEV Extraction is Now a $113M-a-Year Business The incident highlights how maximal extractable value has grown from a niche concern into a profitable industry. Titan Builder has earned $112.6 million in revenue from block building this year, according to DefiLlama data.
Its largest single-day haul came in March, when it extracted around $34 million from a separate MEV bot incident on the CoW Protocol. Cointelegraph reached out to Titan for comment but received no immediate response.
The revenue figures suggest that block builders now operate what amounts to a tollbooth on Ethereum transaction flow. Titan’s biggest single-day extraction came in March, when it profited roughly $34 million from a separate incident on the CoW Protocol.
Traders who sign swaps without inspecting the routing path are effectively blind to how much value the infrastructure layer can extract before their order settles. The incident also underscores a gap between the DeFi promise of transparent, permissionless trading and the reality that routing infrastructure can silently redirect orders into pools that maximize builders’ profits at traders’ expense.
Ethereum researchers continue to explore encrypted mempool designs to reduce MEV extraction. Until those proposals reach production, the burden of checking transaction routes before signing remains on individual traders.
While capital is fleeing Bitcoin and Ethereum ETFs at an unprecedented rate, another player is attracting attention. Hyperliquid’s HYPE token continues to evolve at the top of its valuation, contrary to a crypto market under pressure. This divergence reveals a deeper shift. In an environment where speculative liquidity fades, protocols capable of generating real economic activity begin to break free from traditional cycles. Hyperliquid today stands as the most significant embodiment of this mutation.
In brief Bitcoin and Ethereum ETFs are going through a historic crisis, with 6.5 billion dollars in withdrawals illustrating the retreat of institutional investors. Hyperliquid follows a completely opposite trajectory, staying close to its all-time high and attracting positive flows despite a crypto market under pressure. HYPE’s success relies on solid fundamentals, driven by real economic activity, specialized ETFs, and growing investor interest. Hyperliquid’s tokenomics redefine valuation criteria, thanks to a token buyback mechanism directly funded by protocol revenues. The exodus of capital from Bitcoin and Ethereum ETFs towards other projects like Hyperliquid The crypto industry faces a drying up of its liquidity, illustrating a change in stance by institutional capital allocators. According to market data shared by asset manager Coinshares, investment vehicles backed by major cryptos are experiencing continuous selling pressure.
Luke Nolan, senior research associate at Coinshares, thus gave an unequivocal assessment concerning the current state of capital flows. He states that crypto has received “very little support from flows recently”. This lack of buying support is concretely reflected by a losing streak for U.S.-based spot Bitcoin ETFs, which have now recorded eight consecutive weeks of net capital outflows, setting the longest uninterrupted withdrawal sequence observed since their launch.
The quantitative analysis of this disengagement reveals a marked acceleration of outflows during the second quarter of the year. Moreover, financial flow monitoring data reveals the severity of this institutional capitulation :
6.5 billion dollars : this is the minimal total amount withdrawn from these U.S. funds since the beginning of May ; 2.43 billion dollars : this is the total amount of net withdrawals recorded during May alone; 4.06 billion dollars : this is the all-time record of net monthly outflows reached in June; 3,588 bitcoins : this is the massive volume of assets liquidated in a single week by Strategy to finance its preferred stock distributions. This liquidation movement did not remain limited exclusively to bitcoin, as spot Ethereum ETFs also showed notable signs of weakness during the same period, increasing technical pressure on the entire market.
The rush to derivatives This particularly harsh situation for the industry giants has not dampened the upward trajectory of next-generation decentralized finance. The native token of the Hyperliquid blockchain, HYPE, stands out by maintaining its value extremely close to its all-time high, completely independent from current turbulences.
As described by Luke Nolan, “against these difficult market conditions, Hyperliquid (HYPE) continues to trade near its all-time high”. Such relative strength is based on the rapid development of a regulated financial infrastructure dedicated to this asset, materialized by the emergence of three spot ETFs offering investors direct access via traditional brokerage accounts. This range includes the Bitwise Hyperliquid ETF (BHYP), a sector pioneer generating additional yield by staking its holdings, the 21Shares Hyperliquid ETF (THYP), which replicates the performance of the FTSE Hyperliquid Index, as well as the recent Grayscale Hyperliquid Staking ETF (HYPG).
The commercial success of these specialized instruments contrasts point by point with the disaster of traditional ETFs. Investment products focused on HYPE have recorded weekly positive capital inflows since their market introduction in May, attracting around 161 million dollars in net flows during June alone. Currently, the three U.S. structures manage a combined total of approximately 336 million dollars in assets, while equivalent European financial products show over 55 million dollars in assets under management. Although these amounts may seem modest compared to the billions of dollars held by historical leaders, their relative importance radically changes when weighted against the protocol’s real size, confirming a shift of interest from a segment of investors toward targeted alternatives.
The secrets of accumulation: tokenomics indexed on productivity The true explanation for this divergence lies in investors’ perception of Hyperliquid’s financial structure. Luke Nolan further specifies that “on a market cap adjusted basis, HYPE has been one of the strongest crypto ETF launches to date. The relative strength compared to the broader crypto market remains evident”. This dynamic translates deep investor adherence to valuation parameters and the economic design of the asset, as the Coinshares researcher adds that this is a “strong signal that Hyperliquid’s tokenomics resonate with investors”. The network integrates an automatic buy and supply reduction mechanism directly correlated to its usage, thus offering a concrete alternative to purely speculative assets.
Moreover, the technical implementation of a value redistribution-based model changes the game for the institutional investor. Nolan details this specific mechanism by indicating that “using 99% of platform fees to systematically buy back HYPE creates a direct link between protocol activity and token demand, giving the asset a value accumulation mechanism that stands out in the current market”. This architecture creates a perpetual organic demand engine that actively supports the token price as long as the platform generates transaction volume.
While Bitcoin and Ethereum heavily depend on global speculative capital flows, the HYPE token relies on a robust internal mechanism where the asset’s financial performance is intimately linked to real utility and adoption of its decentralized network.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Everything is green. Bitcoin, up 6.4% on the week. Ethereum, 11.7%. Solana, 10%. Dogecoin? Red on the day. The biggest meme coin on earth just skipped the party, and that tells you more than any price target.
DOGE trades at $0.07537 as of July 7, 2026, per CoinGecko. Down 1.53% in 24 hours. Up 4.17% on the week. Market cap $11.68 billion. Volume $812.2 million. Big numbers. Small move.
The Unique Angle: the laggard in the room Scan the top 10. Nine coins green or flat over 24 hours. One red. Dogecoin.
That is not a crash. It is worse in a way: indifference. When ETH runs 11.7% in a week and the flagship meme coin manages 4.17%, capital is telling you where it wants to be. And right now it wants majors, not memes.
But flip it. Every meme cycle in recorded crypto history started the same way: majors first, DOGE second, everything smaller third. The lag is the setup. If the majors hold their gains, DOGE is the most obvious catch-up trade in the sector. If they roll over, DOGE never got going, and there is nothing to give back.
Both readings live in the same chart. The level decides which one wins.
The One Number That Matters 6.9%. That is DOGE’s daily volume ($812.2 million) as a share of its market cap ($11.68 billion).
Why it matters: it is healthy. Not dead like SHIB’s sub-3%, not feverish like PEPE’s 18.5%. Dogecoin has real, continuous liquidity, the kind that lets large players build positions quietly. Boring turnover is exactly what accumulation looks like when nobody wants you to notice. It is also what distribution looks like. Volume tells you the door is open; it does not tell you who is walking through it.
Price Prediction Scenarios No invented targets here. Conditions instead.
Base case: the catch-up trade. Majors hold. Rotation drifts down the risk curve, as it usually does. DOGE reclaims $0.080 and the range between $0.080 and $0.10 opens up. $0.10 is the psychological wall; DOGE has respected round numbers its entire life.
Bull case: the meme rotation. ETH strength continues, retail returns, and DOGE does what DOGE does: nothing for weeks, then 30% in days. Above $0.10, the chart has thin history up to the old congestion areas. This scenario requires broad market strength that is not confirmed yet. Label it clearly: this is speculation, not a forecast.
Bear case: the market rolls. BTC gives back its 6.4% week and memes fall harder than majors. They always do. Lose $0.070 and the next real demand sits noticeably lower, in the mid $0.06s. A red day inside a green market, like today, is exactly the kind of print that precedes this scenario. Respect it.
Long-term “DOGE to $1” talk deserves a reality check: $1 would mean a market cap north of $150 billion, larger than most of the top 10 today. That is a full-mania scenario, not a 2026 base case. The all-time high of roughly $0.73 from May 2021 remains the ceiling of every serious long-term discussion.
What History Says About DOGE Lag Phases This is not the first time Dogecoin has slept through the opening act. The pattern has repeated across cycles: Bitcoin moves, Ethereum follows, weeks pass, commentators declare the meme trade dead, and then DOGE compresses years of boredom into a handful of violent sessions. The 2021 run is the extreme example, a coin that spent months near a fraction of a cent before repricing to $0.73 in a single spring.
Nobody should trade on the assumption that 2021 repeats. Markets are bigger now, DOGE’s cap is $11.68 billion, and moving an eleven-billion-dollar asset takes far more money than moving a one-billion-dollar one. The honest version of the historical argument is narrower: lag itself is not evidence of death. DOGE has lagged before every major move it ever made, in both directions. The lag tells you a decision is coming. It does not tell you which one.
There is also a structural difference this cycle worth stating plainly. The meme sector around DOGE is crowded now. PEPE pulled $207 million of volume this week; a dozen smaller tokens compete for the same rotational dollar. In 2021, meme money had essentially one home. In 2026 it has fifty. Even a genuine meme rotation might spread thinner across the sector, and DOGE’s share of it is a question, not a given. Both sides of that argument belong on this page.
Support: $0.070. Then the mid $0.06s. Resistance: $0.080, then $0.10. Simple map. The $0.070 to $0.080 box is the whole game right now. Break out of it and the next trend announces itself.
The Bull and the Bear, honestly The bull case is liquidity, brand, and lag. DOGE is the only meme with an $11 billion base and near-billion-dollar daily volume, and it has underperformed the very rally that usually feeds it. Cheap relative exposure, if the rally is real.
The bear case is supply and apathy. Dogecoin has no cap; new coins are minted forever, so standing still requires constant new money. And today’s red print in a green market shows that money is not arriving yet. A coin priced on attention that is not getting attention has one direction of drift.
Bottom Line DOGE at $0.07537 is a coiled spring or a leaking balloon, and $0.070 versus $0.080 will tell you which. Do not predict. Watch the box. Above $0.080, the catch-up trade is live. Below $0.070, it never started.
This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research.
Frequently Asked Questions What is the Dogecoin price today? DOGE trades at $0.07537 as of July 7, 2026, down 1.53% over 24 hours and up 4.17% over the week, with an $11.68 billion market cap.
Why is Dogecoin down today? DOGE was the only red coin in the crypto top 10 on July 7, 2026, while majors rallied. The data points to profit-taking and capital favoring large caps like ETH and SOL over memes this week.
Can Dogecoin reach $0.10 in 2026? It is possible if DOGE reclaims $0.080 and the broader rally continues; $0.10 is the next major psychological resistance. It is a scenario, not a promise, and it fails if $0.070 breaks first
Can Dogecoin reach $1? A $1 DOGE implies a market cap above $150 billion, which would require a full market mania. Treat it as a distant bull-cycle scenario, not a 2026 expectation.
Is Dogecoin a good investment in 2026? DOGE is the most liquid meme coin, which lowers trading risk, but it has unlimited supply and depends on attention cycles. It remains high-risk speculation, suitable only for money you can afford to lose.
What is Dogecoin's all-time high? About $0.73, set in May 2021. The current price of $0.07537 is roughly 90% below that peak.
Dogecoin is trading near $0.077 on July 7, 2026, down about 2.9% in 24 hours but still up 3.4% over the past week, and the coin’s most substantive non-price storyline right now is real-world payments infrastructure rather than speculation about Elon Musk. ÐOGE Pay, the Dogecoin-first checkout system launched by House of Doge and MoonPay across more than 6,000 merchants on June 9, is moving toward a full rollout targeted for Q3 2026 — a concrete adoption push that stands in contrast to years of unconfirmed rumors about Dogecoin payments on X.
Key Takeaways DOGE trades around $0.077, down roughly 2.9% in 24 hours but up 3.4% over the past week, continuing to underperform the broader crypto market’s 7.1% weekly gain. ÐOGE Pay, launched June 9 by House of Doge (the Dogecoin Foundation’s commercial arm) and MoonPay, already covers more than 6,000 merchants and charges a competitive 1% processing fee, with full rollout planned for Q3 2026. House of Doge separately struck a partnership with Paxos — the crypto infrastructure provider behind platforms like PayPal and Venmo — to integrate Dogecoin into major fintech platforms, though no consumer-facing timeline has been confirmed. Speculation about Dogecoin payment integration on X (formerly Twitter) remains the most-cited catalyst for a bigger DOGE move, but Musk’s direct influence on price appears to have weakened — a March 2026 “Doge father” video from him barely moved the market. DOGE’s regulatory footing has also improved in 2026, following its classification as a digital commodity and the launch of its first spot ETF on Nasdaq. Dogecoin Market Overview MetricValuePrice (DOGE/USD)~$0.07724h Change-2.9%7-Day Change+3.4%ÐOGE Pay Merchant Coverage6,000+ (as of June 9 launch)ÐOGE Pay Processing Fee1%Full Rollout TargetQ3 2026 Data sourced from CoinMarketCap and CoinGecko. Prices are volatile and change continuously — confirm with a live source before trading.
Dogecoin Price Analysis DOGE’s pullback to $0.077 keeps it within its recent trading range, still anchored around the closely watched $0.072 support level that has held since June. The token continues to underperform the broader market’s recovery, a pattern that has persisted through most of 2026 even as Dogecoin’s underlying fundamentals — regulatory clarity, ETF access, and now real merchant payment rails — have genuinely improved. That gap between fundamentals and price is the central tension in DOGE’s current setup.
Why Is Dogecoin News Dominated by ÐOGE Pay Today? What Actually Launched On June 9, House of Doge and MoonPay announced a partnership enabling native Dogecoin payments across MoonPay’s existing network of more than 6,000 merchants, alongside ÐOGE Pay, a new Dogecoin-first checkout solution. Merchants can embed Dogecoin payments directly into their checkout flows with streamlined onboarding and a 1% processing fee — competitive with, or cheaper than, many traditional card processing rates.
Why the Q3 Timeline Matters While the MoonPay integration is already live across thousands of merchant locations, House of Doge has targeted Q3 2026 for a fuller rollout, suggesting the current merchant count represents an early phase rather than the ceiling of the initiative. Because this is a concrete, dated commercial deployment rather than a rumor, it gives traders and merchants alike an actual milestone to watch, rather than the open-ended speculation that has surrounded Dogecoin payments in the past.
The Paxos Angle: A Bigger Fintech Bridge Separately, House of Doge struck a partnership with Paxos, the regulated infrastructure provider that powers crypto functionality behind consumer platforms including PayPal and Venmo. No confirmed timeline exists yet for Dogecoin to appear directly within those consumer apps, but the partnership signals House of Doge is pursuing multiple parallel paths — direct merchant checkout via MoonPay, and potential mainstream fintech app integration via Paxos — to expand where DOGE can actually be spent.
Musk Speculation Persists, But Its Price Impact Has Faded Elon Musk’s connection to Dogecoin remains the most frequently cited reason retail traders expect a bigger DOGE breakout, particularly around unconfirmed speculation of Dogecoin payment support on X. However, that narrative’s actual market impact appears to be fading: when Musk posted an AI-generated “Doge father” video in March 2026, the price barely reacted, a notable shift from Dogecoin’s history of sharp Musk-driven rallies.
What This Means for the Days Ahead The clearest near-term catalyst to watch is progress toward ÐOGE Pay’s Q3 2026 full rollout — expansion beyond the initial 6,000 merchants, additional processor partnerships, or transaction volume disclosures would all signal the initiative is gaining real traction rather than stalling after launch. On the Paxos front, any announcement of a specific consumer app integration timeline (PayPal, Venmo, or similar) would mark a meaningful upgrade from the current “partnership announced, no launch date” status. Musk-related speculation will likely continue generating headlines regardless of substance, but recent price reactions suggest the market is increasingly discounting it in favor of these more concrete payments developments.
Dogecoin Support and Resistance Levels Level TypePrice ZoneSignificanceKey Resistance 2~$0.11Upside target if Bitcoin’s broader recovery extendsKey Resistance 1~$0.085–$0.09Near-term ceiling from recent price actionCurrent Price~$0.077—Key Support 1~$0.072Most-watched technical support on the chartKey Support 2~$0.065Deeper support if $0.072 fails to hold Support and resistance zones reflect recent price structure and are illustrative, not guaranteed — confirm with a live charting tool before trading.
Compare Crypto Prices Today CoinLive Price PageBitcoinBTC Price — see Bitcoin News TodayEthereumETH Price — see Ethereum News TodayXRPXRP Price — see XRP News TodaySolanaSOL PriceBNBBNB PriceTronTRX Price For the broader market backdrop, see today’s Crypto Market Today and the full Crypto News Today roundup.
Where to Buy Dogecoin Dogecoin is available on virtually every major centralized exchange (Coinbase, Binance, Kraken) and can now also be accessed through regulated spot ETFs, including the 21Shares TDOG product on Nasdaq, for investors who prefer brokerage-based exposure. As ÐOGE Pay expands, an increasing number of everyday merchants will also accept DOGE directly at checkout. Always verify exchange legitimacy and regional availability before depositing funds.
Readers curious how payment-focused crypto projects fit into the broader Web3 landscape may find our guide to how blockchain works useful background, alongside our explainer on AI crypto coins and projects.
Frequently Asked Questions What is the price of Dogecoin today? Dogecoin is trading around $0.077 as of July 7, 2026, down about 2.9% over the past 24 hours but up 3.4% over the past week.
What is ÐOGE Pay? ÐOGE Pay is a Dogecoin-first checkout solution launched by House of Doge and MoonPay on June 9, 2026, enabling native Dogecoin payments across more than 6,000 merchants with a 1% processing fee. A full rollout is planned for Q3 2026.
Is Dogecoin coming to PayPal or Venmo? House of Doge has partnered with Paxos, the infrastructure provider behind PayPal and Venmo's crypto features, but no confirmed timeline exists yet for Dogecoin to appear directly within those consumer apps.
Does Elon Musk still move Dogecoin's price? His influence appears to have weakened. A March 2026 "Doge father" video Musk posted barely affected DOGE's price, a shift from Dogecoin's history of sharp Musk-driven rallies in prior years.
Is Dogecoin a good investment right now? This article is for informational purposes only and is not financial advice. Dogecoin's fundamentals have improved through regulatory clarity and payment adoption, but its price continues to underperform the broader market — do your own research and consider your risk tolerance before investing. Research + write bitcoin-news-today updateResearch + write ethereum-news-today updateResearch + write xrp-news-today updateResearch + write crypto-market-today updateResearch + write crypto-news-today updateResearch + write dogecoin-price updateVerify all 6 articlesResearch main news hook + rewrite Bitcoin news todayResearch main news hook + rewrite Ethereum news todayResearch main news hook + rewrite XRP news todayResearch main news hook + rewrite Crypto market todayResearch main news hook + rewrite Crypto news todayResearch main news hook + rewrite Dogecoin priceVerify all 6 rewritten articlesdogecoin-price.mdethereum-news-today.mdbitcoin-news-today.mdxrp-news-today.mdcrypto-news-today.mdcrypto-market-today.mdUploadsblockchainreporter.net-organic-keywords-sub_2026-07-07_09-28-03.csvblockchainreporter.net-top-pages-subdomains_2026-07-07_09-23-43.csvConnectorsWeb Search
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Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
In recent hours, nearly 4 billion Dogecoin has been moved in one of the biggest transfers so far in 2026. The massive Dogecoin figure was moved from major cryptocurrency exchange Binance to an unknown whale wallet at a fee of 1.5331 DOGE.
"3,999,999,999 DOGE (299,505,966 USD) transferred from Binance to unknown wallet," Whale Alert reported.
The massive transfer follows a surge of network activity on the Dogecoin network. On July 5, Ali, a crypto analyst, reported a surge in Dogecoin network activity, with active addresses reaching nearly 50,000. It also comes as Dogecoin approaches a crucial support area that was instrumental to its strongest rallies in years.
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Ali, in a previous tweet, pointed to $0.06 as the most important support level for Dogecoin. The analyst noted that this multi-year accumulation zone has historically marked the beginning of some of the strongest rallies.
Dogecoin forms short-term golden crossA golden cross has emerged on the Dogecoin 2-hour chart as the MA 50 has crossed above the MA 200. The signal follows last week's rebound from a low of $0.069 on June 29, following which Dogecoin reached a high of $0.079 on July 4.
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Dogecoin was down 3.56% in the last 24 hours to $0.0744 but up 2.57% in the last seven days.
The crypto market is seeing mixed trading action on Tuesday as investors await further economic data. Investors are looking ahead to Wednesday's FOMC minutes, the first under new Fed Chairman Kevin Warsh, which will provide further clues on monetary policy. Thursday will see the release of the weekly initial jobless claims for June.
However, a potential setup on the weekly chart has traders further on the lookout. The weekly MA 50 (50 WMA) has pulled downward and might meet the 200 WMA in the coming weeks, hinting at a potential death cross formation.
The last time such a signal appeared on Dogecoin's weekly chart was three years ago, precisely in February 2023.
