Is the Ethereum [ETH] resurgence underway? The leading altcoin’s bulls have defended the $1,560 support level twice in June. At the time of writing, the price was at $1,767 and inching toward the psychological $2k mark.
AMBCrypto reported that a whale had taken a $9 million loss after closing a short position on ETH worth $54.1 million. The futures market data showed more active participation from retail traders.
Alongside this potential short‑term revival, the monthly chart flashed a buy signal. The last two times this signal appeared, Ethereum rallied 235% and 182%, respectively.
Source: CryptoQuant On the 3rd of July, ETH’s Funding Rate leapt to 0.0136%, matching the highs it reached in the first few days of June. Yet, Ethereum was trading much lower than it had been a month ago.
Funding Rates rising to highs from early June, while prices stabilized above the $1,560 local lows, suggested a long-side bias has built ahead of a structural recovery, pointed out crypto analyst Zizcrypto on CryptoQuant Insights.
Source: ETH/USD on TradingView The structure remained bearish on the 1-day price chart. AMBCrypto reported that a double-bottom just above the $1.5k mark was formed lately. To climb back to the $2,000 level, the $1.8k level must be flipped to support first.
Even if this level is flipped to support, the Fibonacci retracement levels emphasized that a bounce to $2.1k-2.2k would still be one for swing traders to sell.
A clean breakout past $2,466, the recent swing high on this timeframe, is needed to flip the structure from bearish to bullish.
Exploring the Ethereum builder divergence Something has changed about Ethereum. The divergence between speculative capital inflow and network utility was getting more profound. It is possible that this scenario could lead to a price appreciation.
Source: CryptoQuant Notably, crypto analyst Crypto Onchain wrote that new smart contract deployments have surged 303% compared to the 90-day average. Meanwhile, Binance stablecoin netflows were down by 887%, averaging a daily outflow of $170 million.
The analyst believed that this was a “builder’s phase” where, as traders stepped out of the market, developers were moving into the ecosystem. Soon, a utility-driven price momentum move could commence.
It will hinge on recovering macroeconomic conditions, increased demand and liquidity conditions, and a recovery in investor confidence.
Final Summary Ethereum’s funding rate climbed to highs last seen in early June, even as its price structure deteriorated sharply over the past month. The increase in smart contract deployment alongside falling trading activity illustrated a “builder’s phase” divergence.
F2Pool co-founder Wang Chun reportedly transferred a portion of his WBTC and ETH purchases from June to Binance, making a profit of approximately $3.4 million at current prices.
According to on-chain data, Wang Chun purchased approximately 70,600 ETH and 966 WBTC in June. The total value of these purchases is estimated to be around $117 million for ETH and approximately $60.29 million for WBTC.
Following the recovery in the cryptocurrency market in July, Wang Chun reportedly transferred 36,600 ETH and 160 WBTC to Binance in recent days. These transfers are believed to be aimed at profit-taking after the dips seen in June.
On the other hand, another significant transaction that caught attention in the market came from a wallet allegedly linked to Mining Express. Approximately 16 hours ago, this wallet reportedly exchanged 5,004 ETH for around 8.8 million DAI.
Blockchain researcher Specter stated that he first identified this address on June 15th, but recently completed the detailed tracking and analysis process. Specter also shared multiple linked wallets to verify the address.
This large-scale ETH swap has raised questions in the market regarding past fund movements and potential liquidation motivations. According to Specter’s analysis, the address has an on-chain connection to the Mining Express project, launched in Ukraine in 2019 by Brazilian founder Kaze Fuziyama.
Mining Express initially attracted investors with a multi-level marketing model, but was later accused of being a Ponzi scheme. After halting repayments, the project shifted its focus to cloud rendering and similar business models.
Historical on-chain records show that the wallet in question received 4,512 ETH from a linked address on March 19, 2024, and subsequently staked these assets via Lido and Ether.fi. As of April 2026, all of the ETH was staked, and it was completely unstaken on May 4th.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
5 July 2026 | 10:25 Ethereum is caught in a striking split: its co-founder just unveiled ambitious roadmap, even as the token defends the exact line separating a five-year uptrend from a breakdown. In between sits the quiet proof that matters most, institutions keep building on Ethereum regardless of price.
Key Takeaways Vitalik Buterin unveiled “Lean Ethereum,” a three-to-four-year rebuild of the protocol. It prioritizes quantum resistance, privacy, scalability, and a leaner architecture. ETH sits at $1,763, exactly on the 100-month average that has held since 2022. Crédit Agricole just launched a euro stablecoin on Ethereum, which hosts 52% of the market. There’s a striking split in Ethereum right now. On one side, its co-founder has just laid out the most ambitious technical roadmap since the network abandoned mining, a multi-year plan to rebuild almost everything about how Ethereum works. On the other, the token itself is sitting on the exact line that separates a five-year uptrend from its first structural break. And in between those two extremes sits the quiet evidence that may matter most: institutions keep building on ETH regardless of what the price does. Put together, these three threads tell a coherent story about where Ethereum actually stands in mid-2026, ambitious in vision, fragile in price, and increasingly entrenched as financial infrastructure.
Vitalik’s Blueprint for the Next Ethereum On July 4, Buterin published on X what he calls “Lean Ethereum,” describing it not as a single upgrade but as the network’s third major iteration after the original launch and the 2022 Merge. The framing matters: this isn’t another routine hard fork. It’s a coordinated sequence of work, scoped across the next three to four years, that touches nearly every layer of the protocol, verification, consensus, execution, state storage, privacy, and cryptography.
The headline priorities are clear. Quantum resistance has, in Buterin’s words, “shifted up a LOT in priority,” with quantum-safe designs for ETH’s data “blobs” now treated as urgent. Privacy gets elevated from an optional, application-level feature to something built into the protocol itself; as Buterin put it, “privacy is no longer an afterthought, it is a first-class goal.” And the scalability work is sweeping: continued gas-limit and blob increases, faster slot times, and a new “scalable state” architecture that could expand to roughly 100 terabytes by 2030 while cutting transaction costs for some token types by more than tenfold.
Ethereum’s scaling trajectory alongside its long-term technical roadmap. Perhaps the most far-reaching idea is a possible move beyond the Ethereum Virtual Machine. Buterin floated transitioning the protocol toward a leaner execution environment built on architectures like RISC-V or leanISA, with today’s EVM eventually becoming a compatibility layer rather than the core engine. Alongside that sits a shift away from every node re-executing every transaction, replaced by recursive STARK proofs that verify correctness mathematically, one prover does the heavy lifting, everyone else checks a compact proof.
The unifying theme is exactly what the name suggests: a leaner, simpler, more defensible Ethereum. As Buterin summed it up, “Ethereum is scaling. Ethereum is reinventing itself.”
Two weeks ago, Ethereum researchers met in Berlin to continue charting the protocol’s long-term trajectory, following along discussions with client teams in Svalbard in April.
The updated strawmap is at https://t.co/HZEerH1xxI, and I attached a picture of it to this post.
My… pic.twitter.com/KPGayHSySf
— vitalik.eth (@VitalikButerin) July 4, 2026
There are two things worth holding in view before treating any of this as done. First, the timeline: nothing in Lean Ethereum changes the network in 2026. This is a “strawmap,” Ethereum’s term for a working plan that is explicitly not a locked schedule, with forks spread across the rest of the decade and core post-quantum work targeted around 2029. It’s a direction, not a delivery date.
That priority draws support from outside the core developer world, too. Fundstrat’s Tom Lee has argued that Ethereum may be better positioned than Bitcoin to handle future quantum-computing risks, precisely because it can upgrade both its protocol and its wallets as threats evolve. He’s also pointed out that many smart-contract platforms are increasingly using formal verification to keep code “pristine and basically resistant to exploit.” Lee expressed confidence that “the Bitcoin community is going to figure this out,” but his view is that Ethereum has more flexibility to push protocol-level security upgrades if quantum threats become real, which is exactly the adaptability the Lean Ethereum roadmap is designed to formalize.
Second, the context. The roadmap arrives while the Ethereum Foundation is in the middle of restructuring, having cut roughly 20% of its staff to reduce spending, with several notable contributor departures this year. That’s the tension critics have flagged: an enormously ambitious multi-year plan announced by an organization that just got smaller. Whether the reorganized Foundation and its client teams can convert this vision into time-bound deliverables is the open question the roadmap can’t answer on its own.
The Price Is Fighting for Its Foundation While the roadmap looks years ahead, the ETH chart is fighting a battle happening right now, and it’s happening at a precise level. ETH trades at $1,763, sitting almost exactly on its 100-month simple moving average at $1,762. That line, converging with the long-term ascending trendline drawn from the 2022 lows, is the same confluence zone that marked the 2022 bear-market bottom and the 2025 low near $1,400. It’s the line separating a five-year uptrend from its first genuine structural break.
ETH/USD monthly macro technical chart on Coinbase / Source: TradingView June closed as a large red monthly candle that sliced through that 100-month average intraday. July has clawed it back, up 12.35% month-to-date. A monthly close above $1,762 keeps the multi-year structure intact; a close below it, and below the trendline, would be the first break of that ascending support since 2022.
The rest of the picture demands caution. The real ceiling is the 50-month SMA at $2,387, roughly 35% overhead, the level that capped every bounce through early 2026, and it’s now flattening and beginning to roll over for the first time since 2023. Monthly RSI at 42.18, below its signal line, is the weakest monthly momentum since the 2022 bottom, though it hasn’t yet printed the sub-35 readings that marked that low. Zoom out and the macro structure is a series of lower highs, from above $4,800 in 2021 to roughly $4,900 in 2025, before the 2026 collapse to $1,550 in June. ETH has round-tripped its entire 2024-2025 rally and sits back at levels first crossed in 2021. The +12% July candle, in other words, is a defense of the last long-term support, not yet a reversal.
The Quiet Proof Underneath the Price Here’s where the two extremes, grand roadmap and fragile chart, get reconciled by a third thread that gets far less attention: while the token is fighting, institutions keep choosing Ethereum as their settlement layer. The clearest recent example landed on July 1, when Crédit Agricole, one of Europe’s largest banks, launched its euro-denominated stablecoin, EURXT, issued on the blockchain through its asset-servicing arm CACEIS.
The details underline how serious it is. EURXT is a MiCA-compliant electronic money token, pegged 1:1 to the euro, backed by dedicated cash reserves, and it was used immediately to settle a subscription into a tokenized Amundi money market fund, described as the first such settlement of a tokenized Luxembourg-domiciled UCITS fund in a euro stablecoin at the European level. This is a systemically important European bank routing real tokenized finance through Ethereum’s rails, not experimenting on a testnet.
And Crédit Agricole isn’t an outlier. ETH remains the dominant blockchain for stablecoins, hosting $162.6 billion, or 52.4% of the entire market, according to data from Artemis. Tron sits second at $89.3 billion (28.8%), while BNB Chain (5.4%) and Solana (5.2%) trail far behind. Together, Ethereum and Tron account for 81.2% of all stablecoin supply.
Breakdown of market share across major blockchain networks / Source: Artemis That concentration matters because stablecoins are the primary source of liquidity across crypto, the chains holding the largest balances see the most trading, DeFi activity, payments, and institutional adoption. Ethereum’s commanding lead is the tangible version of the case the roadmap makes in theory: this is where tokenized dollars, and increasingly tokenized funds, actually live.
Where Ethereum Actually Stands The roadmap is Ethereum’s long-term bet, that it can out-engineer its rivals on scalability, privacy, and quantum security rather than compete on marketing, and it’s a bet that won’t pay off, or fail, for years. The chart is the short-term reality, a token defending its last major support with weak momentum, having given back years of gains. And the stablecoin and bank-adoption data is the present-tense evidence that Ethereum’s institutional foundation is deepening even through the price weakness.
Its price says the market has lost conviction; its infrastructure says the opposite. A bank issuing a regulated euro stablecoin on Ethereum, and half the entire stablecoin market living there, are not the signals of a network in decline, even as the token tests a line it hasn’t broken in five years. The roadmap describes where Ethereum wants to go, the chart describes how much doubt surrounds it right now, and the adoption data describes the foundation that has to hold for the ambition to matter. Which of those wins out is the question the next few years, and the next few monthly closes, probably will answer.
This article is for informational purposes only and does not constitute financial advice. Consult a professional before making investment decisions.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
After months of underwhelming performance, the ETH/BTC pair—trading between Ethereum and Bitcoin—has returned to the spotlight. Investors who had grown frustrated with Ethereum’s lag are now watching closely as new technical signals appear on the charts, hoping for decisive movement.
Notable consolidation on the chartsMarket analyst CarpeNoctom pointed out that several key buying signals are coming together in the daily ETH/BTC chart. Despite these encouraging signs, most investors remain cautious. Over the past year, a series of false breakouts and short-lived rallies have tempered enthusiasm for early positioning in the pair.
Since late 2025 through the first half of 2026, the ETH/BTC pair has been moving within a descending pitchfork channel, and is currently quoted at 0.028. The price is sitting at a critical juncture—touching both the thick red Ichimoku Kumo cloud and the major downward “mega diagonal resistance” trendline marked on the chart.
Mini glossary: The Ichimoku Kumo, or cloud, is the area of a technical analysis tool that highlights support and resistance zones together. A pitchfork channel describes a channel pattern used to track whether prices are moving within a particular slope or angle.
According to the chart projection, if Ethereum gathers enough strength to break above the upper limit of the channel, and delivers a full breakout from the Kumo cloud, technical analysis suggests that 0.036 could be in play by the end of summer.
Should Ethereum decisively push past the upper boundary of the pitchfork channel and stage a complete Kumo breakout, technical structure indicates clear space for a move toward the 0.036 zone by the end of summer.
Network poised for multi-year transformationAs investors watch for signs of a trend shift, Ethereum developers are quietly working on a comprehensive overhaul of the network’s underlying architecture. This initiative aims for profound, long-term transformation, well beyond any short-term price fluctuations.
Following a research summit in Berlin two weeks ago, Ethereum co-founder Vitalik Buterin unveiled the network’s updated development roadmap. As one of the ecosystem’s leading figures, Buterin continues to play a pivotal role in shaping the technical future of Ethereum.
Lean Ethereum roadmap comes to the foreThe new “Lean Ethereum” roadmap represents the protocol’s third major era, outlining plans for a multi-year reconstruction acknowledged to be as significant as the historic Merge. The approach signals an ambitious vision for Ethereum’s ongoing evolution.
According to the official project draft, a four-year cycle of updates will touch nearly every major mechanism of the protocol. The scope of these changes aims to make the network more resilient and better equipped for the demands of the future.
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.
Key Highlights Ethereum’s co-founder Vitalik Buterin has announced the “Lean Ethereum” initiative, a comprehensive upgrade plan spanning 2026 through 2029 with changes comparable to the 2022 Merge Quantum defense has been significantly elevated as a priority concern, with immediate focus on developing quantum-resistant blob architecture Privacy features are transitioning from optional add-ons to fundamental layer-1 protocol components Developers are considering implementing a secondary virtual machine—either leanISA or RISC-V—to complement the current EVM Skeptics express concern about the Ethereum Foundation’s track record of meeting projected deadlines Vitalik Buterin, Ethereum’s co-creator, has released an extensive strategic roadmap dubbed “Lean Ethereum” that outlines the network’s evolution through the end of the decade. The comprehensive blueprint addresses fundamental protocol changes across multiple technical layers.
The announcement came via X on Saturday, with Buterin outlining a three-to-four-year implementation timeline. He drew parallels to the transformative September 2022 Merge that transitioned Ethereum from proof-of-work to proof-of-stake consensus.
Two weeks ago, Ethereum researchers met in Berlin to continue charting the protocol's long-term trajectory, following along discussions with client teams in Svalbard in April.
The updated strawmap is at https://t.co/HZEerH1xxI, and I attached a picture of it to this post.
My… pic.twitter.com/KPGayHSySf
— vitalik.eth (@VitalikButerin) July 4, 2026
This strategic vision emerged from collaborative discussions at a Berlin research summit, where core developers and technical researchers convened to reassess the network’s long-term trajectory.
Quantum Threats Drive Accelerated Defense Timeline A notable recalibration in priorities involves quantum computing resistance. Buterin emphasized that quantum defense “has shifted up a LOT in priority,” characterizing the development of quantum-resistant blob infrastructure as “urgent.”
The strategic blueprint mandates elimination of all quantum-susceptible elements throughout the protocol stack. Engineers have already initiated development on quantum-secure blob architecture.
Additionally, the roadmap introduces recursive STARKs as fundamental layer-1 infrastructure, superseding the existing direct re-execution verification methodology.
Privacy Elevated to Protocol Foundation Privacy capabilities have been promoted from supplementary features to essential layer-1 objectives. Buterin noted this now encompasses critical areas including mempool architecture and state tree structure.
This represents a fundamental architectural transformation. Historically, privacy functionality within Ethereum existed primarily at the application tier rather than being embedded in the base protocol.
The roadmap also contemplates introducing an alternative virtual machine. Buterin suggested Ethereum might deploy leanISA or RISC-V parallel to the existing EVM, ultimately aiming for a more streamlined and efficient protocol foundation.
Regarding consensus mechanisms, the plan aims to achieve one- to two-round finality by separating the availability chain from finality processes. This approach seeks to enhance security while minimizing latency.
For state management, Buterin indicated Ethereum will maintain its current dynamic state architecture while incorporating additional state categories to boost scalability. Projections suggest that by 2030, Ethereum will manage 2 TB of dynamic state alongside 100 TB of newer state formats. Transitioning applications such as tokens and NFTs to these new state structures could reduce transaction costs by over tenfold.
Implementation Timeline Faces Scrutiny The proposed timeline has generated skepticism within the community. Researcher Dankrad Feist, while endorsing the strategic direction, argued that the three-to-four-year timeframe is unnecessarily prolonged, proposing that AI-assisted development tools could compress delivery to one year.
Crypto analyst Ignas Fiodorovas similarly supported the roadmap’s objectives but questioned the Ethereum Foundation’s capacity to honor its commitments, citing historical precedents of missed deadlines.
Fiodorovas also identified a critical omission: enhanced tokenomics for Ether itself, which has experienced sustained price depreciation throughout recent market turbulence.
This roadmap follows the Ethereum Foundation’s decision last month to reduce headcount by approximately 20%, part of a broader 40% budget contraction. Several prominent contributors have also exited recently, including protocol developers Tim Beiko and Barnabé Monnot.
Binance, the world’s largest crypto exchange by trading volume, recorded a sharp surge in weekly outflows as Ethereum withdrawal activity climbed to a multi-year high.
According to DefiLlama data viewed by Cointelegraph on Sunday, Binance saw $1.23 billion in net outflows during the week beginning June 29, a 207% increase from roughly $400 million the week prior, while monthly net outflows totaled about $3.2 billion.
Separately, CryptoQuant community analyst Darkfost reported Friday that Binance’s Ethereum withdrawal transactions hit their highest level in more than three years, with over 166,000 withdrawal transactions in a single day.
While some of the movement may reflect accumulation behavior, Darkfost pointed to regulatory uncertainty stemming from the European Union’s Markets in Crypto-Assets Regulation (MiCA) and short-term market positioning as possible drivers.
ETH outflows vs price reboundBinance’s ETH withdrawals marked the sharpest increase in withdrawal transactions recorded on Binance since March 2023, coinciding with Ether posting a modest rebound of around 10% over two days, according to CryptoQuant data.
“This surge in withdrawals could reflect genuine demand building around the $1,500 level, with investors choosing to take exposure and pull their funds off the exchange, a pattern that typically points toward longer-term accumulation rather than short-term trading,” Darkfost said.
Source: CryptoQuant
Ether prices showed a broader recovery over the past week. According to Coingecko data, ETH rose about 12.5% over the past seven days, trading at $1,766 at the time of publication.
Bitcoin, the largest cryptocurrency by market capitalization, also edged up 4.3% over the same period, trading at $62,925 at the time of publication.
Outflows dominate CEXs while inflows remain fragmentedApart from Binance, several other centralized exchanges (CEXs) also recorded outflows over the past week.
Bitfinex saw $407.5 million in outflows, followed by Gate at $214.3 million. OKX recorded $87.1 million in outflows, while Bybit posted $78.4 million, according to DefiLlama data.
Top five exchanges sorted by weekly net flows. Source: DefiLlama
On the inflow side, Crypto.com and HashKey Exchange led gains over the past week, recording around $63 million and $53.3 million in net inflows, respectively.
Smaller inflows were also seen across KuCoin at $22.1 million, Gemini at $17.4 million, and Bitvavo at $15.8 million over the same period.
Magazine: Bitcoin copying 2022 ‘almost perfectly,’ Ether to $4K in 2026: Market Moves
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Vitalik Buterin has outlined Lean Ethereum, a sweeping redesign he calls the network’s third major evolution after the Merge. The upgrades will roll out across three to four years, touching nearly every core part of the protocol.
Buterin shared the plan through a public roadmap he calls the strawmap, an Ethereum Foundation draft. He said almost every major piece will be replaced, calling the effort ambitious yet low-risk.
What Lean Ethereum ChangesRecursive STARKs sit at the center. The cryptographic proof system would verify the chain rather than force every node to re-execute transactions. Buterin wants these proofs enshrined as a core protocol component.
Quantum safety has also jumped up the list. The roadmap swaps quantum-vulnerable cryptography for hash-based schemes built to outlast quantum computers. The shift echoes NIST, the US standards body that finalized its first post-quantum encryption standards in 2024.
The most disruptive change targets how Ethereum stores data. Buterin would keep today’s core protocol architecture largely intact. He would add a restrictive new state type that scales toward 100 TB by 2030.
Rewriting an ERC-20 token or non-fungible token (NFT) into that format could cut fees more than 10x. Complex apps like decentralized exchanges would stay put.
Privacy becomes a first-class goal, not an afterthought, extending Buterin’s broader privacy push. Nearer term, the upcoming Glamsterdam upgrade should raise the gas limit.
Buterin has reason for confidence. The 2022 Merge moved Ethereum to proof of stake and cut its energy use by more than 99%. It shipped with little disruption to users or apps.
“But make no mistake, this IS the third major iteration of Ethereum in the same way that the Merge was the second,” Vitalik Buterin articulated.
Follow us on X to get the latest news as it happens
Not Everyone Buys the TimelineThe schedule drew fast pushback, and not from outsiders. Dankrad Feist praised the vision but called three to four years far too slow. The Ethereum Foundation researcher’s data-scaling work gave danksharding its name.
“Fully proven STF and scaling to Gigagas with finality in seconds gets me excited! But 3-4 years is very slow… I think we should be ambitious and get it done in ~1 year. I think this is realistically possible now with LLMs,” Dankrad Feist suggested.
His faith in AI is not fringe. The strawmap itself assumes human-first development and concedes that AI-accelerated research could compress the timeline.
Others were more cautious. Some urged the Foundation to underpromise, drawing the reply that underpromising only leads to under-delivery.
2 years seems between possible and likely, but from a communication perspective I think it would be irresponsible for V/EF to communicate a 1-2 year expectation. Better to underpromise.
— Matt Liston (@no__________end) July 4, 2026 The stakes are practical. The overhaul arrives weeks after a leaner Ethereum Foundation cut about 20% of its staff, or 54 roles. It has also moved to a tighter, endowment-style budget.
The strawmap remains a draft, not a schedule. Buterin said the coming Hegotá fork is likely the last before the Lean era begins.
Ethereum Price Performance. Source: BeInCryptoEther (ETH) has fallen about 41% in 2026 to near $1,760. For now, its market price reflects a market waiting on delivery, not promises.
TLDR: Ethereum price prediction now centers on the $1,779 resistance level after ETH gained 4.73% and moved back near a critical short-term range. ETH reclaimed attention after moving above $1,750, while traders now watch whether the level can hold as support in the coming sessions. Whale activity, Binance outflows, and spot ETF interest are improving sentiment, although weak network activity still limits bullish conviction. A break above $1,779 could open the way toward $1,850 to $1,900, while a drop below $1,633 may renew downside pressure. Ethereum price prediction has turned sharply toward the $1,779 resistance zone after ETH rose 4.73% to $1,690.61 in the latest session. The move came as traders watched whether Ethereum could hold above the recently reclaimed $1,750 area. Market analyst Ted says ETH could move toward $1,850 to $1,900 as long as that level holds.
Still, the rebound comes after a weak quarterly stretch. Ethereum has faced falling network activity, mixed ETF demand, and pressure below key moving averages. That makes the next resistance test important for short-term direction.
Ethereum Price Prediction Focuses on the $1,779 Barrier Ethereum price prediction now depends heavily on whether buyers can clear the $1,779 resistance level. That area aligns with the Ichimoku Kijun and sits close to the MA-20 at $1,775 and MA-50 at $1,756. A clean move above that cluster could shift the short-term structure.
Source: TradingView The market is also watching the $1,753 zone. This level previously acted as support and now sits near the first major test for bulls. If ETH holds above it, traders may view the recent drop as a failed breakdown.
Meanwhile, the broader setup remains uneven. ETH has traded below several former support levels, including $1,925, $2,175, and $2,375. These zones may now act as resistance if the rebound extends.
Momentum signals are also split. MACD points to stronger buying pressure, while RSI near 55 shows Ethereum has not yet entered a clear bullish zone. CCI and Bull/Bear Power still lean bearish, suggesting sellers have not fully stepped aside.
That is why $1,779 matters. A breakout could invite fresh bids and short covering. Failure near that level may keep ETH trapped between $1,633 and $1,814.
Ethereum Price Prediction Weighed by Whales and ETF Flows Ethereum price prediction is not only about chart levels. On-chain and institutional signals are also shaping the current setup. Large Ethereum holders added exposure near late June lows. That buying has supported cautious optimism among traders.
Ethereum Active Addresses: Source: Glassnode At the same time, Binance withdrawals reportedly reached a three-year high. Exchange outflows can reduce available supply, especially when paired with whale accumulation. This often supports bullish narratives when price starts recovering.
However, Ethereum still faces pressure from weak network activity. Active addresses have fallen sharply from early-year highs, raising questions about user demand. Since ETH powers activity across the network, lower usage can weaken the fundamental case.
ETF flows also remain mixed but the renewed spot ETF interest and June outflows showed institutional demand was not yet stable. That divergence keeps the market from forming a clean bullish view.
For now, ETH appears likely to trade inside a consolidation band between $1,633 and $1,814. A breakout above $1,779 would strengthen the case for a move toward $1,850 and $1,900. A loss of $1,633 would shift attention back to $1,500 and deeper support near $1,200.
Institutional sentiment has improved through whale activity, exchange withdrawals, and Ethereum adoption efforts. Yet buyers still need confirmation through price action. The next decisive signal sits near $1,779, where Ethereum must prove the rebound has enough strength to extend.
According to HyperInsight’s monitoring, crypto personality "Big Brother Ma Ji" Huang Licheng has added to his ETH long positions. He currently holds a 25x leveraged long position of 9,390 ETH (valued at $16.56 million), with an average entry price of $1,721.04 and an unrealized profit of $400,000.
Relevant content
Solana’s active addresses over the past seven days rose 38% year-on-year to 31.38 million, ranking first among all public blockchains.
According to on-chain analyst Ai Yi (@ai_9684xtpa), meme coins continue to be a key factor driving growth in public blockchain metrics. Solana’s active address count jumped 38% year-over-year to 31.38 million over the past seven days, ranking first among major public chains by a large margin; its transaction volume rose 9.8% in the same period, while transaction fees climbed 38%. The analyst added that today, fueled by CZ’s response, trading activity for BSC meme coins has picked up noticeably, and BSC’s on-chain data is expected to post strong performance tomorrow.
3 minutes ago
Meme coin CZ on the BSC chain briefly surged past $80 million in market capitalization, hitting an all-time high.
According to GMGN monitoring, the BSC-based meme coin CZ (The Final Form Bull) briefly exceeded $80 million in market capitalization, hitting an all-time high, and is currently at $76 million, with a 24-hour surge of 380 times and trading volume of approximately $43.7 million over the same period. Earlier reports noted that crypto blogger @TCryptochicks released a series of "riddle" images, after which Binance founder CZ retweeted the post and replied: "Water (drop) your BNB wallet", reigniting market hype around celebrity-linked meme coins. BlockBeats Note: Meme coin trading is highly volatile, mostly dependent on market sentiment and conceptual hype, with no actual value or practical use cases. Investors should exercise caution and be mindful of the associated risks.
3 minutes ago
Current funding rates on major centralized (CEX) and decentralized (DEX) exchanges show that bearish momentum for Bitcoin (BTC) and Ethereum (ETH) is easing, with market sentiment remaining neutral to slightly bearish.
According to Coinglass data, current funding rates on major centralized (CEX) and decentralized (DEX) crypto exchanges show that the bearish sentiment for Bitcoin (BTC) and Ethereum (ETH) has weakened compared to earlier, but most platforms have not yet formed sustained bullish signals. Specifically, BTC funding rates on multiple platforms hover around the 0.0100% benchmark line, reflecting an overall neutral-to-weak pattern. For ETH, funding rates on multiple platforms have risen above the 0.005% threshold, with ETH’s long sentiment recovering slightly stronger than BTC’s, though no broad bullish signal has emerged yet. BlockBeats Note: Funding rates are fees set by crypto trading platforms to maintain the balance between perpetual contract prices and their underlying asset prices, typically applied to perpetual swaps. They function as a fund exchange mechanism between long and short traders; platforms do not collect this fee, instead using it to adjust the cost or return of holding contracts to keep contract prices aligned with underlying asset prices. A 0.01% funding rate is the benchmark. A rate above 0.01% indicates widespread bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
3 minutes ago
The probability that the CLARITY Act will be signed into law in 2026 has risen to 52%.
According to Polymarket data, the probability that the CLARITY Act will be signed into law in 2026 has climbed to 52%, a 12-percentage-point increase from July 3. On the news front, the U.S. Major County Sheriffs' Association (MCSA) announced that after initially raising concerns about how the bill would affect illicit financial investigations, it no longer opposes the CLARITY Act. Analysts note that the MCSA’s shift in stance has eliminated a key barrier to the bill’s advancement, improving its feasibility of moving to a Senate vote. Still, opposition from the banking sector to stablecoin yield products and DeFi regulation remains a major source of uncertainty.
3 minutes ago
South Korean chip stocks have extremely high leverage concentration, with the asset size of SK Hynix’s leveraged ETF exceeding four times its average daily trading volume.
The Kobeissi Letter stated in a post that leverage levels in South Korean chip stocks have spiraled out of control. Total assets of single-stock leveraged and inverse ETFs tracking SK Hynix currently stand at roughly $19 billion, more than four times the stock’s approximately $4.5 billion average daily trading volume (ADTV) this year. Meanwhile, leveraged ETFs linked to Samsung hold around $12.4 billion in assets, a 176% premium over its roughly $4.5 billion ADTV. The Hong Kong-listed 2x long SK Hynix ETF has about $13 billion in assets, roughly double SK Hynix’s average daily stock trading volume — the largest gap among major stocks tracked by leveraged ETFs. By comparison, leveraged ETFs tied to Micron Technology (MU) hold roughly $9.9 billion in assets, below its approximately $27.5 billion ADTV; leveraged ETFs for Tesla (TSLA) and NVIDIA (NVDA) have around $6 billion and $5.6 billion in assets respectively, also far lower than their respective ADTVs of roughly $23.6 billion and $28.8 billion. Leverage concentration in South Korean chip stocks has reached extremely high levels.
3 minutes ago
Intel is considering adopting a double-sided power supply architecture for its 1.4nm process technology to catch up with TSMC and Samsung.
Intel is considering adopting a dual-side power supply architecture (utilizing both front and back sides) for its 1.4-nanometer ultra-fine process to catch up with competitors. Industry sources said Intel originally planned to use PowerDirect, a dedicated backside power supply technology, for its 1.4-nm base process 14A, but is now considering introducing a dual-side architecture that leverages both front and back sides in its subsequent 14A2 process. Intel previously announced plans to achieve 1.3x higher chip density on its 14A process compared to 18A; the 14A process targets an M0 pitch of around 28nm, while the 14A2 process could push the M0 pitch to 21nm via a half-node improvement. Intel will maintain a backside power network as its primary setup, while reallocating some front-side metal interconnects for auxiliary power and clock signals to compensate for insufficient power headroom caused by scaling and lithography limitations. Intel’s 14A process is scheduled to enter risk production in 2028 and mass production in 2029. The chipmaker needs to release the 0.9 version of its 14A process design kit (PDK) to external customers this October, and secure firm orders from large fabless clients within the following 18 months. By comparison, TSMC plans to ship its true 1.4nm A14 products in 2028, while Samsung Electronics aims to commercialize its SF2Z, a modified 2nm process utilizing backside power supply technology, in 2027.
Ethereum surged by 4.73 percent in the latest trading session, pushing its price up to $1,690.61 and drawing renewed focus to its short-term resistance zone. Traders are closely monitoring whether Ethereum can reclaim and sustain levels above the key $1,750 mark. Market analyst Ted points out that if this zone is maintained, Ethereum could find momentum towards the $1,850 to $1,900 range.
The $1,779 level stands out for short-term directionIn the near term, the $1,779 threshold is emerging as a crucial level. Overlapping with the Ichimoku Kijun line—a widely referenced indicator for market equilibrium—it also sits near the 20-day moving average at $1,775 and the 50-day moving average at $1,756. If Ethereum’s price manages a clean break above this technical cluster, short-term bullish sentiment could intensify.
Mini glossary: The Ichimoku Kijun line is a technical indicator that shows the market’s mid-term balance level. A price movement above this line may signal strengthening buyer momentum in the short run.
The $1,753 area is also under close observation, as it previously acted as a strong support. For now, buyers see this level as the first important test. If Ethereum stays above this threshold, the recent pullback may be interpreted less as a lasting breakdown and more as a failed dip.
Analyst Ted assesses that now that Ethereum has regained the $1,750 zone, as long as it holds, the price could move towards the $1,850 to $1,900 range.
Nevertheless, the broader outlook remains uncertain. Ethereum is still trading below key former support levels at $1,925, $2,175, and $2,375. Even if the uptrend holds, these regions could transform into resistance as the rally progresses.
Indicators send mixed signalsNot all technical indicators are aligned. While the MACD currently suggests that buying pressure is increasing, the RSI hovering near 55 fails to decisively enter bullish territory. At the same time, both the CCI and Bull Bear Power indicators imply that sellers have not completely withdrawn from the market.
That makes the $1,779 level not only a technical resistance but also a pivotal threshold that could determine Ethereum’s short-term direction. A break above this area might ignite new buying interest and prompt shorts to close their positions, while failure could mean further range-bound trading between $1,633 and $1,814.
Whale movements and ETF interest are under the spotlightIt’s not just the charts shaping sentiment. On-chain data and institutional flows are also greatly influencing the current landscape. Reports indicate that large-scale Ethereum investors—so-called whales—were accumulating at June’s lower levels, fueling cautious optimism among traders.
Mini glossary: A spot ETF is an exchange traded fund that directly holds the underlying asset. Interest in spot ETFs within the crypto market is widely followed as an indicator of institutional demand.
At the same time, withdrawals from Binance reached their highest level in three years. When such exchange outflows coincide with whale accumulation, the readily available supply for sale in the market is reduced—potentially supporting a more robust price rebound when demand ticks up.
IndicatorLevel or StatusPossible ImpactInitial support$1,753Holding above could empower buyersKey resistance$1,779Overcoming could pave the way for the $1,850 to $1,900 zoneMajor support$1,633Dropping below could intensify downward pressureWeakening network activity keeps sentiment cautiousHowever, sluggish activity on the Ethereum network continues to weigh on its outlook. The number of active addresses has fallen sharply from its highs earlier in the year, raising ongoing questions about the cryptocurrency’s fundamental trajectory.
Despite renewed institutional interest, weak network activity is preventing the emergence of a strong, unified bullish outlook in the market.
The picture for spot ETFs is also ambiguous. Even with a recent uptick in interest, outflows in June suggest that institutional demand hasn’t yet found stable ground. This divergence makes it harder for the market to establish a clear long-term direction.
For now, Ethereum looks likely to oscillate between $1,633 and $1,814. A break above $1,779 may energize targets in the $1,850 to $1,900 range. Conversely, if $1,633 is lost, attention could shift toward deeper support levels—first at $1,500 and then near $1,200.
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.
According to Coinglass data, current funding rates on major centralized (CEX) and decentralized (DEX) crypto exchanges show that the bearish sentiment for Bitcoin (BTC) and Ethereum (ETH) has weakened compared to earlier, but most platforms have not yet formed sustained bullish signals. Specifically, BTC funding rates on multiple platforms hover around the 0.0100% benchmark line, reflecting an overall neutral-to-weak pattern. For ETH, funding rates on multiple platforms have risen above the 0.005% threshold, with ETH’s long sentiment recovering slightly stronger than BTC’s, though no broad bullish signal has emerged yet. BlockBeats Note: Funding rates are fees set by crypto trading platforms to maintain the balance between perpetual contract prices and their underlying asset prices, typically applied to perpetual swaps. They function as a fund exchange mechanism between long and short traders; platforms do not collect this fee, instead using it to adjust the cost or return of holding contracts to keep contract prices aligned with underlying asset prices. A 0.01% funding rate is the benchmark. A rate above 0.01% indicates widespread bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
Relevant content
Solana’s active addresses over the past seven days rose 38% year-on-year to 31.38 million, ranking first among all public blockchains.
According to on-chain analyst Ai Yi (@ai_9684xtpa), meme coins continue to be a key factor driving growth in public blockchain metrics. Solana’s active address count jumped 38% year-over-year to 31.38 million over the past seven days, ranking first among major public chains by a large margin; its transaction volume rose 9.8% in the same period, while transaction fees climbed 38%. The analyst added that today, fueled by CZ’s response, trading activity for BSC meme coins has picked up noticeably, and BSC’s on-chain data is expected to post strong performance tomorrow.
3 minutes ago
Meme coin CZ on the BSC chain briefly surged past $80 million in market capitalization, hitting an all-time high.
According to GMGN monitoring, the BSC-based meme coin CZ (The Final Form Bull) briefly exceeded $80 million in market capitalization, hitting an all-time high, and is currently at $76 million, with a 24-hour surge of 380 times and trading volume of approximately $43.7 million over the same period. Earlier reports noted that crypto blogger @TCryptochicks released a series of "riddle" images, after which Binance founder CZ retweeted the post and replied: "Water (drop) your BNB wallet", reigniting market hype around celebrity-linked meme coins. BlockBeats Note: Meme coin trading is highly volatile, mostly dependent on market sentiment and conceptual hype, with no actual value or practical use cases. Investors should exercise caution and be mindful of the associated risks.
3 minutes ago
The probability that the CLARITY Act will be signed into law in 2026 has risen to 52%.
According to Polymarket data, the probability that the CLARITY Act will be signed into law in 2026 has climbed to 52%, a 12-percentage-point increase from July 3. On the news front, the U.S. Major County Sheriffs' Association (MCSA) announced that after initially raising concerns about how the bill would affect illicit financial investigations, it no longer opposes the CLARITY Act. Analysts note that the MCSA’s shift in stance has eliminated a key barrier to the bill’s advancement, improving its feasibility of moving to a Senate vote. Still, opposition from the banking sector to stablecoin yield products and DeFi regulation remains a major source of uncertainty.
3 minutes ago
South Korean chip stocks have extremely high leverage concentration, with the asset size of SK Hynix’s leveraged ETF exceeding four times its average daily trading volume.
The Kobeissi Letter stated in a post that leverage levels in South Korean chip stocks have spiraled out of control. Total assets of single-stock leveraged and inverse ETFs tracking SK Hynix currently stand at roughly $19 billion, more than four times the stock’s approximately $4.5 billion average daily trading volume (ADTV) this year. Meanwhile, leveraged ETFs linked to Samsung hold around $12.4 billion in assets, a 176% premium over its roughly $4.5 billion ADTV. The Hong Kong-listed 2x long SK Hynix ETF has about $13 billion in assets, roughly double SK Hynix’s average daily stock trading volume — the largest gap among major stocks tracked by leveraged ETFs. By comparison, leveraged ETFs tied to Micron Technology (MU) hold roughly $9.9 billion in assets, below its approximately $27.5 billion ADTV; leveraged ETFs for Tesla (TSLA) and NVIDIA (NVDA) have around $6 billion and $5.6 billion in assets respectively, also far lower than their respective ADTVs of roughly $23.6 billion and $28.8 billion. Leverage concentration in South Korean chip stocks has reached extremely high levels.
3 minutes ago
Intel is considering adopting a double-sided power supply architecture for its 1.4nm process technology to catch up with TSMC and Samsung.
Intel is considering adopting a dual-side power supply architecture (utilizing both front and back sides) for its 1.4-nanometer ultra-fine process to catch up with competitors. Industry sources said Intel originally planned to use PowerDirect, a dedicated backside power supply technology, for its 1.4-nm base process 14A, but is now considering introducing a dual-side architecture that leverages both front and back sides in its subsequent 14A2 process. Intel previously announced plans to achieve 1.3x higher chip density on its 14A process compared to 18A; the 14A process targets an M0 pitch of around 28nm, while the 14A2 process could push the M0 pitch to 21nm via a half-node improvement. Intel will maintain a backside power network as its primary setup, while reallocating some front-side metal interconnects for auxiliary power and clock signals to compensate for insufficient power headroom caused by scaling and lithography limitations. Intel’s 14A process is scheduled to enter risk production in 2028 and mass production in 2029. The chipmaker needs to release the 0.9 version of its 14A process design kit (PDK) to external customers this October, and secure firm orders from large fabless clients within the following 18 months. By comparison, TSMC plans to ship its true 1.4nm A14 products in 2028, while Samsung Electronics aims to commercialize its SF2Z, a modified 2nm process utilizing backside power supply technology, in 2027.
3 minutes ago
Maji adds to his Ethereum (ETH) long positions, bringing the total position value to $16.56 million, with current unrealized profit of $400,000.
According to HyperInsight’s monitoring, crypto personality "Big Brother Ma Ji" Huang Licheng has added to his ETH long positions. He currently holds a 25x leveraged long position of 9,390 ETH (valued at $16.56 million), with an average entry price of $1,721.04 and an unrealized profit of $400,000.
Another analyst, though, said that no one really cares about the OG meme coin at the moment.
Meme coin momentum has far evaporated from the peaks of a couple of weeks ago, even though there are some that are still making waves. However, most turn out to be owned by a few wallets that later dump on unsuspecting investors.
The situation with the leader of this niche is quite interesting. It continues to be a major cryptocurrency with a multi-billion-dollar market cap, but it has fallen out of investors’ grace as interest in it has diminished. Or has it?
Something Is Brewing Popular crypto analyst Ali Martinez, citing data from Glassnode, indicated earlier today that the network activity on Dogecoin has risen by almost 50,000 active addresses. The chart below demonstrates the rapid increase at the end of June and early July, going from under 40,000 to the aforementioned number.
Martinez noted that ‘something is brewing’ for DOGE just a day after he posted that the TD Sequential metric had flashed a major buy signal for the asset. The OG meme coin is up by 3% weekly, but it has slipped by 11% in the past month alongside most of the crypto market. However, the TD Sequential and the growing network activity could be the beginning of something more lasting.
Dogecoin $DOGE network activity has exploded to nearly 50,000 active addresses!
Something is brewing. https://t.co/yQZwPEPGGK pic.twitter.com/FCf1m8D3oV
— Ali Charts (@alicharts) July 5, 2026
Anyone Still Cares? Fellow analyst Daan Crypto Trades also weighed in on DOGE’s price moves and admitted that “no one really cares about this coin right now.” However, he said he is still watching it closely, especially if it heads toward its long-term support area within the $0.05 range.
He added that other crypto assets will perform better in this (or the next) cycle, but DOGE is “still one that tends to be reliable for a decent bounce once a bear market bottom is set.”
You may also like: Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH Could Dogecoin (DOGE) Be Setting Up for Its Next Big Move? Analysts Think So ‘Dead Meme’ or Major Opportunity? DOGE Is Flashing The Same Signal That Preceded Its Biggest Rallies Meanwhile, Celal Kucuker was a lot more bullish, indicating that DOGE has “one of the cleanest charts in crypto.” The analyst predicted that the meme coin could explode to $1.00, representing a new all-time high, since it couldn’t reach those levels during the Musk-led 2021 hype cycle.
TL;DR Dogecoin active addresses have surged to nearly 50,000, signaling renewed network activity. Whale traders are increasing long positions while closing shorts, boosting bullish sentiment. DOGE has fallen below a key support zone, keeping the technical outlook under pressure. Analysts are watching the $0.05–$0.06 support area unless bulls reclaim the $0.118 resistance. Dogecoin is showing mixed signals as on-chain activity accelerates while its price continues to face technical pressure. The meme coin has recorded a sharp rise in network participation, with active addresses climbing to nearly 50,000, even as critical support levels remain under threat.
The contrasting data suggests that although market interest in DOGE is increasing, traders remain divided over its near-term direction.
Fresh on-chain data indicates that Dogecoin’s daily active addresses have surged to almost 50,000, marking one of the strongest increases in network activity in recent months. Rising active addresses are often viewed as a sign of growing user engagement and can reflect increasing transaction activity across the blockchain.
The spike comes as broader crypto markets attempt to stabilize following recent volatility, putting Dogecoin back on investors’ watchlists.
Whale Positioning Turns More Optimistic Sentiment among larger market participants also appears to be shifting.
According to market data shared by analysts, whales have started reducing their short positions and increasing long exposure for the first time since Bitcoin began its decline from around $82,000. Among the assets attracting the strongest institutional-style signals are XRP and Dogecoin.
I’ve been preparing for the heat we have been seeing.
Started using a few new tools as well.
And for the first time since BTC started dumping from 82k, whales are moving towards longer positions and closing their shorts 🔥
A few tokens showing high signal: $XRP and $DOGE pic.twitter.com/7CIRXhkjmh
— Jana 👑 (@JanaCryptoQueen) July 4, 2026
A separate market sentiment dashboard also showed DOGE carrying one of the highest short concentrations among major cryptocurrencies, while its risk score moved into an elevated zone. Such positioning can create conditions for heightened volatility if prices move sharply against heavily leveraged traders.
Dogecoin Price Technical Picture Still Calls for Caution Despite improving network metrics and changing whale behavior, Dogecoin’s chart continues to reflect a bearish structure.
Recent price action shows DOGE falling below another major support zone between $0.074 and $0.08. The token also remains below both the 8-week and 21-week exponential moving averages, which continue trending downward, a sign that sellers still maintain control.
Bulls would need to reclaim the $0.118 resistance area to weaken the current bearish outlook or establish a convincing bottom before sentiment can shift meaningfully. If selling pressure continues, attention could turn to the long-term support region between $0.05 and $0.06, an area that has historically attracted buyers during previous market cycles.
1-week DOGE/USDT Chart | Source: TradingView Momentum indicators present a mixed picture. While the Stochastic RSI has already entered oversold territory, the Relative Strength Index (RSI) has yet to reach comparable levels, suggesting there could still be room for additional downside before a stronger reversal develops.
For now, Dogecoin presents conflicting signals. Rising network activity and improving whale positioning hint at renewed interest, but technical indicators continue to point toward caution until key resistance levels are reclaimed and the broader trend begins to improve.
Cardano's ADA has also shown positive signs of a more profound revival.
Bitcoin’s gradual price recovery that began after the early July correction continues, as the asset briefly exceeded $63,000 yesterday and now stands around that level.
Most larger-cap alts remain relatively sluggish on a daily scale, aside from SOL, HYPE, and XLM, which have dropped by up to 4%, and ADA and BCH, which have posted notable gains.
BTC Eyes $63K June was quite painful for the primary cryptocurrency, as it dropped by over 20%. July began on a similar note, as the asset dipped below $58,000 to chart a new multi-year low. However, the bulls finally intervened at this point and didn’t allow another leg down.
Just the opposite; bitcoin started to recover some ground and quickly reclaimed the $60,000 mark. After a brief dip below that line, the bulls went on the offensive once again, pushing the asset to $62,000 as the net withdrawals from the ETFs eased and investors poured some money in on Thursday.
BTC remained calm at above $61,000 and jumped once again on Saturday and earlier this morning, going to a multi-week peak of $63,400. Although it was stopped there, it now trades close to $63,000, posting a near 5% increase on a weekly scale.
Its market capitalization has risen to $1.260 trillion on CoinGecko, but its dominance over the altcoins remains well below 57%.
BTCUSD July 5. Source: TradingView LAB Rockets Ethereum was stopped at $1,800 yesterday and now sits at just over $1,760. BNB’s run couldn’t reclaim $580, and the asset trades below that level now. XRP is under $1.15, while SOL is testing the $80 support after a 2.4% daily decline.
HYPE and XLM have dropped even harder, with a 4% decrease from the former and a 3.4% dip from the latter. In contrast, ADA continues its recovery with another 9% surge to well over $0.19. BCH is up by around 6% and sits at $240.
LAB is by far the top gainer today, having skyrocketed by 80%. The asset, which has seen some intense volatility as of late, now trades at over $16.
The total crypto market cap has increased slightly from yesterday and now sits at $2.230 trillion on CG.
Cryptocurrency Market Overview July 5. Source: QuantifyCrypto
The cryptocurrency market continues to adapt to the new regulatory requirements that are gradually being implemented. In this context, Revolut informed some of its customers that it would remove USDT from its offering during the summer of 2026. This decision comes with a precise schedule that outlines several steps before the permanent removal of the stablecoin. It also illustrates how financial service platforms are gradually adjusting their cryptoasset offerings in response to the evolving regulatory framework.
In brief Revolut will gradually remove USDT, stopping purchases from July 6 and complete removal scheduled for August 31, 2026. USDT deposits will be permanently ceased starting July 30, 2026, and any incoming transfers will be automatically rejected. Holdings in USDT still present after August 31 will be automatically converted into users’ base currency at the day’s exchange rate. The platform justifies this decision based on regulatory and risk considerations, without specifying the jurisdictions concerned or the exact regulatory framework. This removal comes as USDT is progressively being removed from European platforms following Tether’s refusal to comply with MiCA regulation requirements. Revolut Specifies the Steps for the Removal of Tether’s Stablecoin Revolut announced that the purchase of Tether’s stablecoin will no longer be available from July 6, 2026. The complete removal of the asset is then scheduled for August 31, 2026. According to the information reported by Cointelegraph, this decision is based on regulatory and risk management considerations. However, it does not specify the rules that directly motivate this change.
At the same time, Revolut will end deposits of the stablecoin from July 30, 2026. After this date, all incoming transfers will be automatically rejected. Users therefore have a transition period to sell their tokens or transfer them to another compatible service. This schedule gives them several weeks to organize their operations.
Revolut informs its users about the removal of USDT from its crypto offering. Holders must sell or withdraw their funds before August 31, 2026, otherwise remaining holdings will be automatically converted into their base currency. Source: Cointelegraph.
Finally, Revolut indicated that users who still hold tokens after August 31 will not lose them. The platform will automatically convert remaining holdings into each client’s base currency at the exchange rate applicable at the time of the operation. This conversion will mark the end of support for this digital asset on the service.
USDT Continues to Face Regulatory Changes The removal of USDT occurs in a context where several industry players are gradually adapting their services. Digital asset service providers are modifying their offerings to accommodate the new regulatory requirements applied in Europe. This trend notably affects certain stablecoins whose compliance remains debated.
In its notice to users, Revolut only mentions “regulatory and risk considerations.” However, the company does not specify whether this measure will be applied globally or only in certain jurisdictions. It also does not mention the exact regulatory framework behind this decision. This communication leaves several questions regarding the precise scope of the removal.
USDT holders must also consider the deadline set by the platform. Tokens still present in accounts after August 31 will be automatically converted into each user’s primary currency. The rate applied will correspond to the market price on the day of the conversion. Customers thus have a clearly defined period to manage their holdings.
MiCA Regulation Continues to Transform the Market This decision comes as Revolut obtained, in November 2025, a license as a crypto-asset service provider (CASP) under MiCA regulation. This authorization appears in the official register of the European Securities and Markets Authority (ESMA). It was granted by the Cyprus Securities and Exchange Commission, allowing the company to operate under this new regulatory framework.
Finally, Cointelegraph indicated that Revolut did not respond to requests for comments concerning the jurisdictions involved or the exact extent of this measure at the time of publication. Meanwhile, USDT has been progressively withdrawn from European digital asset service providers since the end of 2024.
This situation is due to its issuer, Tether, refusing to comply with the requirements set by the MiCA regulation. Its CEO, Paolo Ardoino, regularly criticizes several provisions of this regulation, especially the obligations concerning reserves held with credit institutions within the European Union.
This development shows that Revolut continues adapting its offering to new rules governing the cryptoasset market. USDT remains at the heart of discussions on the application of MiCA regulation within the European Union. Thus, the next decisions of platforms and issuers will allow observation of how the stablecoin market continues to evolve in this new regulatory environment.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
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.
This week, the digital asset industry’s discussions centered on topics including AI, the EU’s Markets in Crypto-Assets (MiCA) regulation, stablecoins, and Bitcoin. On the AI front, multiple industry insiders noted that current market capital is shifting from digital assets to AI infrastructure development, and future value in the AI sector may be captured more by application layers and infrastructure providers rather than just large language model developers. Additionally, some argue that if the U.S. government acquires equity in OpenAI, it could further exacerbate the trend of centralization in the AI industry. On the regulatory side, as MiCA’s transition period has officially ended, EU crypto asset service providers must now obtain full MiCA licenses to continue operating. Industry players believe that regulatory compliance will gradually become a key competitive advantage for crypto payment and digital asset service providers in Europe. Regarding stablecoins, the industry continues to focus on the newly launched Open USD (OUSD). Analysts believe its ecosystem, involving over 140 institutions including Visa, Mastercard, Stripe, Coinbase, BlackRock, and BNY, is poised to challenge the existing stablecoin market landscape (such as USDC) by leveraging distribution advantages. However, some point out that OUSD still faces challenges including liquidity cultivation and governance coordination. On the Bitcoin front, market views are divided over recent capital operations by Michael Saylor’s firm Strategy. Some analysts argue that the company’s recent financing arrangements mean it may still sell Bitcoin to meet future funding needs; others believe the move effectively eases market concerns about its liquidity and default risks, representing a positive risk management measure.
Relevant content
Current funding rates on major centralized (CEX) and decentralized (DEX) exchanges show that bearish momentum for Bitcoin (BTC) and Ethereum (ETH) is easing, with market sentiment remaining neutral to slightly bearish.
According to Coinglass data, current funding rates on major centralized (CEX) and decentralized (DEX) crypto exchanges show that the bearish sentiment for Bitcoin (BTC) and Ethereum (ETH) has weakened compared to earlier, but most platforms have not yet formed sustained bullish signals. Specifically, BTC funding rates on multiple platforms hover around the 0.0100% benchmark line, reflecting an overall neutral-to-weak pattern. For ETH, funding rates on multiple platforms have risen above the 0.005% threshold, with ETH’s long sentiment recovering slightly stronger than BTC’s, though no broad bullish signal has emerged yet. BlockBeats Note: Funding rates are fees set by crypto trading platforms to maintain the balance between perpetual contract prices and their underlying asset prices, typically applied to perpetual swaps. They function as a fund exchange mechanism between long and short traders; platforms do not collect this fee, instead using it to adjust the cost or return of holding contracts to keep contract prices aligned with underlying asset prices. A 0.01% funding rate is the benchmark. A rate above 0.01% indicates widespread bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
13 minutes ago
The probability that the CLARITY Act will be signed into law in 2026 has risen to 52%.
According to Polymarket data, the probability that the CLARITY Act will be signed into law in 2026 has climbed to 52%, a 12-percentage-point increase from July 3. On the news front, the U.S. Major County Sheriffs' Association (MCSA) announced that after initially raising concerns about how the bill would affect illicit financial investigations, it no longer opposes the CLARITY Act. Analysts note that the MCSA’s shift in stance has eliminated a key barrier to the bill’s advancement, improving its feasibility of moving to a Senate vote. Still, opposition from the banking sector to stablecoin yield products and DeFi regulation remains a major source of uncertainty.
13 minutes ago
South Korean chip stocks have extremely high leverage concentration, with the asset size of SK Hynix’s leveraged ETF exceeding four times its average daily trading volume.
The Kobeissi Letter stated in a post that leverage levels in South Korean chip stocks have spiraled out of control. Total assets of single-stock leveraged and inverse ETFs tracking SK Hynix currently stand at roughly $19 billion, more than four times the stock’s approximately $4.5 billion average daily trading volume (ADTV) this year. Meanwhile, leveraged ETFs linked to Samsung hold around $12.4 billion in assets, a 176% premium over its roughly $4.5 billion ADTV. The Hong Kong-listed 2x long SK Hynix ETF has about $13 billion in assets, roughly double SK Hynix’s average daily stock trading volume — the largest gap among major stocks tracked by leveraged ETFs. By comparison, leveraged ETFs tied to Micron Technology (MU) hold roughly $9.9 billion in assets, below its approximately $27.5 billion ADTV; leveraged ETFs for Tesla (TSLA) and NVIDIA (NVDA) have around $6 billion and $5.6 billion in assets respectively, also far lower than their respective ADTVs of roughly $23.6 billion and $28.8 billion. Leverage concentration in South Korean chip stocks has reached extremely high levels.
13 minutes ago
Intel is considering adopting a double-sided power supply architecture for its 1.4nm process technology to catch up with TSMC and Samsung.
Intel is considering adopting a dual-side power supply architecture (utilizing both front and back sides) for its 1.4-nanometer ultra-fine process to catch up with competitors. Industry sources said Intel originally planned to use PowerDirect, a dedicated backside power supply technology, for its 1.4-nm base process 14A, but is now considering introducing a dual-side architecture that leverages both front and back sides in its subsequent 14A2 process. Intel previously announced plans to achieve 1.3x higher chip density on its 14A process compared to 18A; the 14A process targets an M0 pitch of around 28nm, while the 14A2 process could push the M0 pitch to 21nm via a half-node improvement. Intel will maintain a backside power network as its primary setup, while reallocating some front-side metal interconnects for auxiliary power and clock signals to compensate for insufficient power headroom caused by scaling and lithography limitations. Intel’s 14A process is scheduled to enter risk production in 2028 and mass production in 2029. The chipmaker needs to release the 0.9 version of its 14A process design kit (PDK) to external customers this October, and secure firm orders from large fabless clients within the following 18 months. By comparison, TSMC plans to ship its true 1.4nm A14 products in 2028, while Samsung Electronics aims to commercialize its SF2Z, a modified 2nm process utilizing backside power supply technology, in 2027.
13 minutes ago
Maji adds to his Ethereum (ETH) long positions, bringing the total position value to $16.56 million, with current unrealized profit of $400,000.
According to HyperInsight’s monitoring, crypto personality "Big Brother Ma Ji" Huang Licheng has added to his ETH long positions. He currently holds a 25x leveraged long position of 9,390 ETH (valued at $16.56 million), with an average entry price of $1,721.04 and an unrealized profit of $400,000.
13 minutes ago
South Korea plans to establish a future fund using tax dividends from its semiconductor industry.
South Korea's Presidential Office Chief of Staff Kang Hoon-sik said Sunday that the government plans to use additional tax revenue from the semiconductor industry boom to establish a future fund, earmarked for investing in economic growth engines, supporting the younger generation, and addressing widening social inequality. The government will leverage the "Future Response Fund" to finance major national investment projects and boost the country’s long-term competitiveness. Kang emphasized, "At this critical juncture that will shape South Korea’s future, we must not squander the additional tax revenue generated by factors like the semiconductor boom." He added that the fund will support the government’s three "super projects," foster new growth drivers, tackle what he termed "K-shaped" economic polarization, and provide housing, entrepreneurship, and employment assistance for people aged 20 to 39. The proposed fund serves as a cornerstone of President Lee Jae-myung’s goal of "making South Korea irreplaceable globally," and he urged the government to collaborate closely with the ruling party to advance the initiative promptly. (Jin10)
According to monitoring by Onchain Lens, whale address "FU76ac" has deposited approximately $2.76 million worth of USDC into Kamino Finance's lending vault. The funds were routed via the Invest function of the Kvault Program to Kamino Lending Program for participation in lending activities and generating returns.
Relevant content
Current funding rates on major centralized (CEX) and decentralized (DEX) exchanges show that bearish momentum for Bitcoin (BTC) and Ethereum (ETH) is easing, with market sentiment remaining neutral to slightly bearish.
According to Coinglass data, current funding rates on major centralized (CEX) and decentralized (DEX) crypto exchanges show that the bearish sentiment for Bitcoin (BTC) and Ethereum (ETH) has weakened compared to earlier, but most platforms have not yet formed sustained bullish signals. Specifically, BTC funding rates on multiple platforms hover around the 0.0100% benchmark line, reflecting an overall neutral-to-weak pattern. For ETH, funding rates on multiple platforms have risen above the 0.005% threshold, with ETH’s long sentiment recovering slightly stronger than BTC’s, though no broad bullish signal has emerged yet. BlockBeats Note: Funding rates are fees set by crypto trading platforms to maintain the balance between perpetual contract prices and their underlying asset prices, typically applied to perpetual swaps. They function as a fund exchange mechanism between long and short traders; platforms do not collect this fee, instead using it to adjust the cost or return of holding contracts to keep contract prices aligned with underlying asset prices. A 0.01% funding rate is the benchmark. A rate above 0.01% indicates widespread bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
13 minutes ago
The probability that the CLARITY Act will be signed into law in 2026 has risen to 52%.
According to Polymarket data, the probability that the CLARITY Act will be signed into law in 2026 has climbed to 52%, a 12-percentage-point increase from July 3. On the news front, the U.S. Major County Sheriffs' Association (MCSA) announced that after initially raising concerns about how the bill would affect illicit financial investigations, it no longer opposes the CLARITY Act. Analysts note that the MCSA’s shift in stance has eliminated a key barrier to the bill’s advancement, improving its feasibility of moving to a Senate vote. Still, opposition from the banking sector to stablecoin yield products and DeFi regulation remains a major source of uncertainty.
13 minutes ago
South Korean chip stocks have extremely high leverage concentration, with the asset size of SK Hynix’s leveraged ETF exceeding four times its average daily trading volume.
The Kobeissi Letter stated in a post that leverage levels in South Korean chip stocks have spiraled out of control. Total assets of single-stock leveraged and inverse ETFs tracking SK Hynix currently stand at roughly $19 billion, more than four times the stock’s approximately $4.5 billion average daily trading volume (ADTV) this year. Meanwhile, leveraged ETFs linked to Samsung hold around $12.4 billion in assets, a 176% premium over its roughly $4.5 billion ADTV. The Hong Kong-listed 2x long SK Hynix ETF has about $13 billion in assets, roughly double SK Hynix’s average daily stock trading volume — the largest gap among major stocks tracked by leveraged ETFs. By comparison, leveraged ETFs tied to Micron Technology (MU) hold roughly $9.9 billion in assets, below its approximately $27.5 billion ADTV; leveraged ETFs for Tesla (TSLA) and NVIDIA (NVDA) have around $6 billion and $5.6 billion in assets respectively, also far lower than their respective ADTVs of roughly $23.6 billion and $28.8 billion. Leverage concentration in South Korean chip stocks has reached extremely high levels.
13 minutes ago
Intel is considering adopting a double-sided power supply architecture for its 1.4nm process technology to catch up with TSMC and Samsung.
Intel is considering adopting a dual-side power supply architecture (utilizing both front and back sides) for its 1.4-nanometer ultra-fine process to catch up with competitors. Industry sources said Intel originally planned to use PowerDirect, a dedicated backside power supply technology, for its 1.4-nm base process 14A, but is now considering introducing a dual-side architecture that leverages both front and back sides in its subsequent 14A2 process. Intel previously announced plans to achieve 1.3x higher chip density on its 14A process compared to 18A; the 14A process targets an M0 pitch of around 28nm, while the 14A2 process could push the M0 pitch to 21nm via a half-node improvement. Intel will maintain a backside power network as its primary setup, while reallocating some front-side metal interconnects for auxiliary power and clock signals to compensate for insufficient power headroom caused by scaling and lithography limitations. Intel’s 14A process is scheduled to enter risk production in 2028 and mass production in 2029. The chipmaker needs to release the 0.9 version of its 14A process design kit (PDK) to external customers this October, and secure firm orders from large fabless clients within the following 18 months. By comparison, TSMC plans to ship its true 1.4nm A14 products in 2028, while Samsung Electronics aims to commercialize its SF2Z, a modified 2nm process utilizing backside power supply technology, in 2027.
13 minutes ago
Maji adds to his Ethereum (ETH) long positions, bringing the total position value to $16.56 million, with current unrealized profit of $400,000.
According to HyperInsight’s monitoring, crypto personality "Big Brother Ma Ji" Huang Licheng has added to his ETH long positions. He currently holds a 25x leveraged long position of 9,390 ETH (valued at $16.56 million), with an average entry price of $1,721.04 and an unrealized profit of $400,000.
13 minutes ago
South Korea plans to establish a future fund using tax dividends from its semiconductor industry.
South Korea's Presidential Office Chief of Staff Kang Hoon-sik said Sunday that the government plans to use additional tax revenue from the semiconductor industry boom to establish a future fund, earmarked for investing in economic growth engines, supporting the younger generation, and addressing widening social inequality. The government will leverage the "Future Response Fund" to finance major national investment projects and boost the country’s long-term competitiveness. Kang emphasized, "At this critical juncture that will shape South Korea’s future, we must not squander the additional tax revenue generated by factors like the semiconductor boom." He added that the fund will support the government’s three "super projects," foster new growth drivers, tackle what he termed "K-shaped" economic polarization, and provide housing, entrepreneurship, and employment assistance for people aged 20 to 39. The proposed fund serves as a cornerstone of President Lee Jae-myung’s goal of "making South Korea irreplaceable globally," and he urged the government to collaborate closely with the ruling party to advance the initiative promptly. (Jin10)
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.
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.
Everything seems to be smiling on Zcash right now, a rare situation in the crypto market. The general directions of its ecosystem facilitate this notable progress in a difficult context. Seeing the other altcoins struggling these past weeks! Yet the privacy coin shows a 13% increase over seven days. One question arises: how to explain such resilience in this generalized crisis context?
In brief Zcash activates Ironwood on July 21, an upgrade that allows any node to verify the network’s circulating supply for the first time. The Orchard flaw, four years old, caused ZEC to drop 50%, but developers quickly reacted with emergency patches. Ironwood seals the old Orchard pool and opens a new pool, removing all uncertainty about Zcash’s supply integrity. ZEC shows a 13.3% rise over seven days and more than 1,000% over one year, despite a tough altcoin context. Ironwood: the fix that restores confidence in Zcash Zcash is set to activate Ironwood on July 21, an upgrade that fundamentally changes the network’s technical game. This evolution seals the old Orchard pool and opens a new strengthened privacy pool. For the first time, any node operator will be able to independently verify the network’s circulating supply.
The market has already rewarded this major and innovative technical advance. ZEC jumped 13.3% over seven days and rebounded over 50% since its post-flaw low.
The rapid and secure activation of Ironwood on the Zcash mainnet is extremely important for our users, in addition to the formal verification work we are conducting in parallel to provide assurance that there are no supply integrity issues.
Source: Sean Bowe, Zcash developer, X, July 2, 2026. The paradox is striking: a critical flaw turns into a major technological opportunity for Zcash.
A flaw that shook Zcash, an upgrade that could change everything in crypto The Orchard vulnerability, discovered at the end of May 2026, caused a dizzying 50% drop in ZEC. The bug, four years old, could have allowed undetectable creation of fake ZEC. A worrying prospect for a privacy coin like Zcash.
But developers responded with exemplary speed to this potential danger.
The main concern is that some wallets may not be ready for the upgrade in time. That does not justify delaying Ironwood, given that there will be suitable alternatives and enough time on the testnet for those who need it.
Source: Sean Bowe, Zcash developer, X, July 2, 2026. Ironwood not only fixes the identified technical flaw. It turns a potential weakness into a true strategic asset for Zcash and the entire crypto sphere. The network becomes verifiable, a first for a privacy protocol.
The antithesis is striking: what could have killed Zcash might make it stronger than ever.
Ironwood: a world first in private network verification Ironwood opens a new protected pool built on the carefully corrected Orchard circuit. Continuous formal verification guarantees its technical reliability and robustness. The old pool is permanently sealed and no longer accessible. Any theoretical forgery is locked and neutralized forever.
This approach is unique in the world of privacy cryptocurrencies and could set a precedent.
“We believe the focus over the next weeks should be on making this transition as smooth and safe as possible.“, says Jason McGee of Shielded Labs.
Ironwood could serve as a model for other confidential and private crypto projects. The market seems to have understood the potential of this major update. Zcash shows a rise of more than 1,000% over one year, an exceptional performance. Ironwood is much more than a simple technical upgrade for the network.
Key figures of Zcash’s rise 458 dollars: ZEC price at the time of writing; 13.3% increase over seven days; 50% rebound since post-flaw low; July 21, 2026: Ironwood activation date; 1,000% increase over one year for ZEC. Zcash advances while altcoins collapse around it. Ironwood could mark a turning point for the privacy network. Solana also resists thanks to tokenization and memecoins. The crypto sphere watches these exceptions with growing curiosity.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Mikaia A.
La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
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.
Algorand’s native token, ALGO, has maintained its upward momentum in recent days amid renewed buying interest. As trading volume and price action both showed signs of recovery, market watchers started to eye a potential breakout. At the time this article was prepared, ALGO was trading at $0.09086, with a 24-hour trading volume of $26.1 million and a total market capitalization of $813.15 million.
Crypto market analyst Alpha Crypto Signal reported that ALGO continues to build on its bullish momentum, with the price rising by over 6%. According to the analyst, sustained buying pressure could play a decisive role in determining the short-term direction of the market.
Attention is now focused on the $0.1040 resistance level. A successful break above and consolidation at this threshold could further strengthen the bullish trend. Conversely, if ALGO fails to overcome this resistance, the token may enter a sideways pattern with short-term volatility.
Alpha Crypto Signal notes that buying pressure in ALGO remains strong and the token has sustained its upward movement with a gain exceeding 6%.
Lofty AI marks a milestone within the Algorand ecosystemData shared by the Algorand Foundation highlighted a noteworthy development on the network side. For the first time, total value locked (TVL) on Lofty AI, a leading real estate tokenization platform, exceeded $100 million. This signals increased adoption of real-world asset utilization within the Algorand ecosystem.
Lofty AI has tokenized more than 180 properties spread across 21 US states. The platform has also generated over $5 million in cumulative rental income for its community of more than 40,000 investors. These figures point to the growing reach of blockchain-based fractional property ownership.
Glossary: RWA, or real-world assets, refers to representing traditional assets such as real estate as digital tokens on a blockchain. TVL, or total value locked, is a key metric showing the dollar value of assets locked within a protocol.
MetricDataLofty AI TVLOver $100 millionTokenized propertiesMore than 180US states21Generated rental incomeOver $5 millionNumber of investorsMore than 40,000The Algorand Foundation stated that Lofty AI surpassed $100 million in total value locked for the first time, with over 180 properties tokenized across 21 US states on Algorand.
Bitcoin trends impact ALGO’s directionThe recent steady rise in ALGO has been driven by not only network-related developments but also broader market sentiment. The recovery seen in Bitcoin has fueled increased risk appetite among altcoin traders, and Algorand has benefited from this momentum.
Looking ahead, investors will be watching closely to see whether buying interest can push ALGO past the $0.1040 resistance. A breakout above this level could open the door to further gains, while a failure would likely see prices consolidate for some time.
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 Did Aave’s Monad Market Grow So Quickly? Deposits on Aave’s newly launched Monad market crossed $100 million on Saturday, roughly two days after the decentralized lending protocol deployed V3 on the network.
The launch brought lending, borrowing, and Aave’s GHO stablecoin to Monad for the first time. The market opened with support for 12 assets, including USDT0, USDC, GHO, WETH, and Coinbase’s cbBTC. Deposits had already topped $75 million within the first 24 hours, showing a fast start for one of the largest lending deployments on the chain.
The inflows are notable because they arrived before Monad’s DeFi ecosystem has reached large scale. A risk assessment posted to Aave’s governance forum said Monad held about $359.5 million in total value locked as of June 8. On that basis, the new Aave market attracted the equivalent of more than a quarter of the network’s TVL in about two days.
That pace shows the value of deploying a major lending protocol on a newer chain. For Monad, Aave adds a core DeFi primitive that can support leverage, collateral management, stablecoin liquidity, and institutional-style lending flows. For Aave, the deployment expands its multichain footprint into a high-throughput Layer 1 network trying to build deeper liquidity around its ecosystem.
How Much Of The Growth Is Incentive-Driven? The early growth is heavily supported by incentives. Under the deployment proposal authored by TokenLogic in May, the Monad Foundation committed $15 million in incentives over the first 12 months. It also agreed to acquire and hold 10 million GHO for more than six months to seed the deployment.
The Aave DAO separately pledged another 500,000 GHO to support adoption of the stablecoin on Monad. That structure gives the market an immediate liquidity base, but it also means investors should separate organic lending demand from subsidized deposits.
Incentives can help bootstrap a new market by attracting depositors and borrowers before the ecosystem has enough natural activity. They can also create temporary TVL that leaves once rewards decline. The key test for Aave on Monad will be whether deposits remain sticky after the first phase of incentives and whether borrowing demand grows alongside supplied assets.
The market’s asset mix also matters. Stablecoins, wrapped ether, bitcoin-backed collateral, and GHO can support a broad set of DeFi strategies, but sustainable growth will depend on deep liquidity across decentralized exchanges, liquid staking assets, and yield markets.
Investor Takeaway Aave’s Monad launch shows strong early demand, but the deposit number should be read alongside the incentive package. The deployment is strategically important, yet the durability of the market will depend on borrowing activity, GHO adoption, and whether liquidity remains after rewards normalize.
Why Did Monad Receive Aave V3 Instead Of V4? Monad received Aave V3.7 rather than the protocol’s newest V4 version. Aave V4 launched on Ethereum mainnet in late March with a new hub-and-spoke architecture, but the rollout has been controlled rather than immediate across all networks.
The governance proposal leaves it to the Monad Foundation to decide whether and when to migrate to V4. That approach reduces rollout risk on a newer network while still giving Monad access to Aave’s established lending infrastructure.
Risk service provider LlamaRisk supported the Monad deployment with conservative initial parameters, citing the network’s roughly seven months of operating history. The firm also noted that Monad activity had compressed after a strong start, with liquidity concentrated in established protocols such as Uniswap, Curve, and Morpho.
That cautious framing is important. Monad is marketed as a high-throughput, EVM-compatible Layer 1 network built by former Jump Trading developers. It launched its mainnet and MON token on Nov. 24 of last year and claims 10,000 transactions per second with 800-millisecond finality. But lending markets depend on more than speed. They need reliable oracles, liquidation depth, market surveillance, and enough on-chain liquidity to handle stressed conditions.
What Does This Mean For Aave’s Broader Expansion? The Monad deployment extends Aave’s multichain expansion after the protocol went live on OKX’s X Layer in March. It also comes as Aave V4 crossed $250 million in deposits on Saturday, marking a new all-time high for that version of the protocol.
“This is a remarkable milestone for Aave,” Aave Labs founder and CEO Stani Kulechov wrote on X. “Can’t wait to see Aave to grow towards [$1 billion] with more crypto-backed loans and expanding to securities backed-lending.”
In a statement on the Monad deployment, Kulechov said “the next generation of blockchain applications depends on fast execution and deep, reliable liquidity.” Keone Hon, co-founder and general manager of the Monad Foundation, said Aave is a lending standard trusted by institutions and that the deployment brings Ethereum’s core liquidity primitives to a faster chain.
The next phase on Monad is expected to add Pendle PT assets and Fastlane’s shMON liquid staking token, according to the governance proposal. Those additions could broaden the market from basic collateral lending into more advanced yield and staking strategies.
For investors, the launch strengthens Aave’s role as a liquidity layer across multiple chains while giving Monad a flagship lending market early in its DeFi buildout. The main risk is that early TVL may overstate organic demand. The main opportunity is that a large, incentive-backed lending market can accelerate the development of stablecoin liquidity, collateral markets, and institutional use cases on Monad.
Crypto influencer @TCryptochicks released a series of "riddle" images, after which Binance founder CZ retweeted and replied "Water (drop) your BNB wallet" — reigniting hype around celebrity-themed meme coins. In response, multiple CZ-themed meme coins emerged on the Binance Smart Chain (BSC), surging sharply in a short period. Among them: - CZ (The Final Form Bull): Market cap briefly topped $41 million, now pulled back to $29.82 million, with a 24-hour trading volume of $28 million and a 24-hour gain of 18,200%. - CZ (The Bull): Market cap briefly exceeded $11 million, now at $3.88 million, with a 24-hour trading volume of $6.1 million and a 24-hour gain of 2,400%. Market observers note this mirrors the "Ansem effect" previously seen on Solana, where topics linked to prominent KOLs or celebrities trigger explosive rallies in meme coins bearing the same or similar names. CZ has in the past indirectly driven BSC meme coin trends via social media interactions, such as references to his dog "Broccoli", the number "4" meme, and his book title "Binance Life". However, he has repeatedly clarified his tweets do not constitute endorsements. Related tokens have historically seen sharp surges followed by rapid pullbacks, so investors should be alert to high volatility and rug pull risks.
Relevant content
South Korean chip stocks have extremely high leverage concentration, with the asset size of SK Hynix’s leveraged ETF exceeding four times its average daily trading volume.
The Kobeissi Letter stated in a post that leverage levels in South Korean chip stocks have spiraled out of control. Total assets of single-stock leveraged and inverse ETFs tracking SK Hynix currently stand at roughly $19 billion, more than four times the stock’s approximately $4.5 billion average daily trading volume (ADTV) this year. Meanwhile, leveraged ETFs linked to Samsung hold around $12.4 billion in assets, a 176% premium over its roughly $4.5 billion ADTV. The Hong Kong-listed 2x long SK Hynix ETF has about $13 billion in assets, roughly double SK Hynix’s average daily stock trading volume — the largest gap among major stocks tracked by leveraged ETFs. By comparison, leveraged ETFs tied to Micron Technology (MU) hold roughly $9.9 billion in assets, below its approximately $27.5 billion ADTV; leveraged ETFs for Tesla (TSLA) and NVIDIA (NVDA) have around $6 billion and $5.6 billion in assets respectively, also far lower than their respective ADTVs of roughly $23.6 billion and $28.8 billion. Leverage concentration in South Korean chip stocks has reached extremely high levels.
4 minutes ago
Intel is considering adopting a double-sided power supply architecture for its 1.4nm process technology to catch up with TSMC and Samsung.
Intel is considering adopting a dual-side power supply architecture (utilizing both front and back sides) for its 1.4-nanometer ultra-fine process to catch up with competitors. Industry sources said Intel originally planned to use PowerDirect, a dedicated backside power supply technology, for its 1.4-nm base process 14A, but is now considering introducing a dual-side architecture that leverages both front and back sides in its subsequent 14A2 process. Intel previously announced plans to achieve 1.3x higher chip density on its 14A process compared to 18A; the 14A process targets an M0 pitch of around 28nm, while the 14A2 process could push the M0 pitch to 21nm via a half-node improvement. Intel will maintain a backside power network as its primary setup, while reallocating some front-side metal interconnects for auxiliary power and clock signals to compensate for insufficient power headroom caused by scaling and lithography limitations. Intel’s 14A process is scheduled to enter risk production in 2028 and mass production in 2029. The chipmaker needs to release the 0.9 version of its 14A process design kit (PDK) to external customers this October, and secure firm orders from large fabless clients within the following 18 months. By comparison, TSMC plans to ship its true 1.4nm A14 products in 2028, while Samsung Electronics aims to commercialize its SF2Z, a modified 2nm process utilizing backside power supply technology, in 2027.
4 minutes ago
Maji adds to his Ethereum (ETH) long positions, bringing the total position value to $16.56 million, with current unrealized profit of $400,000.
According to HyperInsight’s monitoring, crypto personality "Big Brother Ma Ji" Huang Licheng has added to his ETH long positions. He currently holds a 25x leveraged long position of 9,390 ETH (valued at $16.56 million), with an average entry price of $1,721.04 and an unrealized profit of $400,000.
4 minutes ago
South Korea plans to establish a future fund using tax dividends from its semiconductor industry.
South Korea's Presidential Office Chief of Staff Kang Hoon-sik said Sunday that the government plans to use additional tax revenue from the semiconductor industry boom to establish a future fund, earmarked for investing in economic growth engines, supporting the younger generation, and addressing widening social inequality. The government will leverage the "Future Response Fund" to finance major national investment projects and boost the country’s long-term competitiveness. Kang emphasized, "At this critical juncture that will shape South Korea’s future, we must not squander the additional tax revenue generated by factors like the semiconductor boom." He added that the fund will support the government’s three "super projects," foster new growth drivers, tackle what he termed "K-shaped" economic polarization, and provide housing, entrepreneurship, and employment assistance for people aged 20 to 39. The proposed fund serves as a cornerstone of President Lee Jae-myung’s goal of "making South Korea irreplaceable globally," and he urged the government to collaborate closely with the ruling party to advance the initiative promptly. (Jin10)
4 minutes ago
A trader spent $754 to buy 5.1 million units of the Meme coin CZ, and has now achieved a 357x return.
According to Lookonchain’s monitoring, trader 0xf349 spent just $754 to purchase 5.1 million meme coin CZ yesterday; the position is now valued at $271,000, marking a 357x return. Over the past two months, he has traded 260 tokens with a 31.88% win rate, with most of his trades ending in losses.
4 minutes ago
Predict.fun World Cup Knockout Stage: Brazil’s advancement probability hits 68%, while Norway garners 31% of market support.
Data from prediction market platform Predict.fun shows that for the 2026 FIFA World Cup Round of 16 match between Brazil and Norway, as of press time, the market gives Brazil a roughly 68% chance of advancing, while Norway’s probability is around 31%. Traders overall are favoring "Five-Star Brazil" to reach the quarterfinals. Notably, this will be the two sides’ first World Cup clash in 28 years. At the 1998 World Cup group stage, Norway once secured a 2-1 come-from-behind win over Brazil, and current head coach St?le Solbakken was a member of that Norway squad. This match will also be a showdown between the two teams’ top strikers: Brazil forward Vinícius has scored 4 goals in the tournament so far, while Norway forward Erling Haaland has netted 5 goals, with their performances likely to be key to the match’s outcome.
Barstool Sports founder Dave Portnoy recently told Fox Business’ *Varney & Co.* that he will not sell his Bitcoin holdings even if the cryptocurrency drops to zero. He told host Stuart Varney, “I’m holding on forever, even if it goes to zero,” adding that he would rather “go down with the ship” this time than repeat his past mistake of selling only to see prices surge afterward. Portnoy admitted he bought Bitcoin at a high near $100,000 and is now sitting on millions in unrealized losses. He confessed that his Bitcoin trade is “the biggest mistake I’ve ever made,” noting that every time he sells, prices skyrocket, and every time he buys, prices drop. Notably, Portnoy has a history of controversial moves in the meme coin space: In February 2025, he launched the GREED token on Pump.fun, bought 35.79% of its total supply, then dumped all his holdings at once, causing the token to crash 99% while he pocketed around $258,000 in profits. After facing backlash, he released GREED2 and JAILSTOOL in succession, admitting during a live stream that he “did consider a rug pull, and might still be thinking about it.” He has also been involved in the collapse of the LIBRA token, which was endorsed by Argentine President Javier Milei: he bought $4.5 million worth of the token, later recovering $5 million in compensation. Earlier, he settled a lawsuit related to SafeMoon for $20,000.
Relevant content
Intel is considering adopting a double-sided power supply architecture for its 1.4nm process technology to catch up with TSMC and Samsung.
Intel is considering adopting a dual-side power supply architecture (utilizing both front and back sides) for its 1.4-nanometer ultra-fine process to catch up with competitors. Industry sources said Intel originally planned to use PowerDirect, a dedicated backside power supply technology, for its 1.4-nm base process 14A, but is now considering introducing a dual-side architecture that leverages both front and back sides in its subsequent 14A2 process. Intel previously announced plans to achieve 1.3x higher chip density on its 14A process compared to 18A; the 14A process targets an M0 pitch of around 28nm, while the 14A2 process could push the M0 pitch to 21nm via a half-node improvement. Intel will maintain a backside power network as its primary setup, while reallocating some front-side metal interconnects for auxiliary power and clock signals to compensate for insufficient power headroom caused by scaling and lithography limitations. Intel’s 14A process is scheduled to enter risk production in 2028 and mass production in 2029. The chipmaker needs to release the 0.9 version of its 14A process design kit (PDK) to external customers this October, and secure firm orders from large fabless clients within the following 18 months. By comparison, TSMC plans to ship its true 1.4nm A14 products in 2028, while Samsung Electronics aims to commercialize its SF2Z, a modified 2nm process utilizing backside power supply technology, in 2027.
19 minutes ago
Maji adds to his Ethereum (ETH) long positions, bringing the total position value to $16.56 million, with current unrealized profit of $400,000.
According to HyperInsight’s monitoring, crypto personality "Big Brother Ma Ji" Huang Licheng has added to his ETH long positions. He currently holds a 25x leveraged long position of 9,390 ETH (valued at $16.56 million), with an average entry price of $1,721.04 and an unrealized profit of $400,000.
19 minutes ago
South Korea plans to establish a future fund using tax dividends from its semiconductor industry.
South Korea's Presidential Office Chief of Staff Kang Hoon-sik said Sunday that the government plans to use additional tax revenue from the semiconductor industry boom to establish a future fund, earmarked for investing in economic growth engines, supporting the younger generation, and addressing widening social inequality. The government will leverage the "Future Response Fund" to finance major national investment projects and boost the country’s long-term competitiveness. Kang emphasized, "At this critical juncture that will shape South Korea’s future, we must not squander the additional tax revenue generated by factors like the semiconductor boom." He added that the fund will support the government’s three "super projects," foster new growth drivers, tackle what he termed "K-shaped" economic polarization, and provide housing, entrepreneurship, and employment assistance for people aged 20 to 39. The proposed fund serves as a cornerstone of President Lee Jae-myung’s goal of "making South Korea irreplaceable globally," and he urged the government to collaborate closely with the ruling party to advance the initiative promptly. (Jin10)
19 minutes ago
A trader spent $754 to buy 5.1 million units of the Meme coin CZ, and has now achieved a 357x return.
According to Lookonchain’s monitoring, trader 0xf349 spent just $754 to purchase 5.1 million meme coin CZ yesterday; the position is now valued at $271,000, marking a 357x return. Over the past two months, he has traded 260 tokens with a 31.88% win rate, with most of his trades ending in losses.
19 minutes ago
Predict.fun World Cup Knockout Stage: Brazil’s advancement probability hits 68%, while Norway garners 31% of market support.
Data from prediction market platform Predict.fun shows that for the 2026 FIFA World Cup Round of 16 match between Brazil and Norway, as of press time, the market gives Brazil a roughly 68% chance of advancing, while Norway’s probability is around 31%. Traders overall are favoring "Five-Star Brazil" to reach the quarterfinals. Notably, this will be the two sides’ first World Cup clash in 28 years. At the 1998 World Cup group stage, Norway once secured a 2-1 come-from-behind win over Brazil, and current head coach St?le Solbakken was a member of that Norway squad. This match will also be a showdown between the two teams’ top strikers: Brazil forward Vinícius has scored 4 goals in the tournament so far, while Norway forward Erling Haaland has netted 5 goals, with their performances likely to be key to the match’s outcome.
19 minutes ago
Serenity: JD.com plans to replace 700,000 delivery personnel with robots, and the automation wave in the logistics sector is poised to sweep the globe.
Serenity published an article noting that Liu Qiangdong, founder of e-commerce giant JD.com, has revealed robots will gradually replace around 700,000 delivery workers in the future. JD has signed cooperation agreements with roughly 120 schools to train delivery staff to transition to roles including robot repair and maintenance. Serenity views this as aligning with Amazon’s earlier plan to cut around 600,000 future hiring needs through robots, signaling accelerating commercialization of robotics and a shift in the logistics industry’s workforce structure from "manual delivery" to "robot operation and maintenance". It forecasts this model may gradually expand to global logistics and delivery platforms like DoorDash, Uber, and Mercado Libre, with robotics commercialization potentially proceeding faster than market consensus.
Decentralized lending protocol Aave’s V3 market on the Monad network has surpassed $100 million in total deposits roughly two days after launch. Aave deployed its V3 version on Monad on July 3, marking the first time lending functions and its GHO stablecoin have been introduced to the network. The launch initially supported 12 assets including USDT, USDC, GHO, WETH, and cbBTC. Deposits exceeded $75 million within the first 24 hours of going live. Per an Aave governance proposal, the Monad Foundation has committed to providing $15 million in incentives over the next 12 months, and will purchase and hold 10 million GHO for at least six months; Aave DAO will also contribute an additional 500,000 GHO to support stablecoin ecosystem development. Additionally, Aave founder Stani Kulechov noted that Aave V4’s deposit volume on the Ethereum mainnet hit a new all-time high of $250 million on July 5. He expressed expectations that V4’s deposits will grow further to $1 billion, with plans to continue expanding into crypto asset mortgage loans and securities-backed lending services.
Relevant content
Intel is considering adopting a double-sided power supply architecture for its 1.4nm process technology to catch up with TSMC and Samsung.
Intel is considering adopting a dual-side power supply architecture (utilizing both front and back sides) for its 1.4-nanometer ultra-fine process to catch up with competitors. Industry sources said Intel originally planned to use PowerDirect, a dedicated backside power supply technology, for its 1.4-nm base process 14A, but is now considering introducing a dual-side architecture that leverages both front and back sides in its subsequent 14A2 process. Intel previously announced plans to achieve 1.3x higher chip density on its 14A process compared to 18A; the 14A process targets an M0 pitch of around 28nm, while the 14A2 process could push the M0 pitch to 21nm via a half-node improvement. Intel will maintain a backside power network as its primary setup, while reallocating some front-side metal interconnects for auxiliary power and clock signals to compensate for insufficient power headroom caused by scaling and lithography limitations. Intel’s 14A process is scheduled to enter risk production in 2028 and mass production in 2029. The chipmaker needs to release the 0.9 version of its 14A process design kit (PDK) to external customers this October, and secure firm orders from large fabless clients within the following 18 months. By comparison, TSMC plans to ship its true 1.4nm A14 products in 2028, while Samsung Electronics aims to commercialize its SF2Z, a modified 2nm process utilizing backside power supply technology, in 2027.
9 minutes ago
Maji adds to his Ethereum (ETH) long positions, bringing the total position value to $16.56 million, with current unrealized profit of $400,000.
According to HyperInsight’s monitoring, crypto personality "Big Brother Ma Ji" Huang Licheng has added to his ETH long positions. He currently holds a 25x leveraged long position of 9,390 ETH (valued at $16.56 million), with an average entry price of $1,721.04 and an unrealized profit of $400,000.
9 minutes ago
South Korea plans to establish a future fund using tax dividends from its semiconductor industry.
South Korea's Presidential Office Chief of Staff Kang Hoon-sik said Sunday that the government plans to use additional tax revenue from the semiconductor industry boom to establish a future fund, earmarked for investing in economic growth engines, supporting the younger generation, and addressing widening social inequality. The government will leverage the "Future Response Fund" to finance major national investment projects and boost the country’s long-term competitiveness. Kang emphasized, "At this critical juncture that will shape South Korea’s future, we must not squander the additional tax revenue generated by factors like the semiconductor boom." He added that the fund will support the government’s three "super projects," foster new growth drivers, tackle what he termed "K-shaped" economic polarization, and provide housing, entrepreneurship, and employment assistance for people aged 20 to 39. The proposed fund serves as a cornerstone of President Lee Jae-myung’s goal of "making South Korea irreplaceable globally," and he urged the government to collaborate closely with the ruling party to advance the initiative promptly. (Jin10)
9 minutes ago
A trader spent $754 to buy 5.1 million units of the Meme coin CZ, and has now achieved a 357x return.
According to Lookonchain’s monitoring, trader 0xf349 spent just $754 to purchase 5.1 million meme coin CZ yesterday; the position is now valued at $271,000, marking a 357x return. Over the past two months, he has traded 260 tokens with a 31.88% win rate, with most of his trades ending in losses.
9 minutes ago
Predict.fun World Cup Knockout Stage: Brazil’s advancement probability hits 68%, while Norway garners 31% of market support.
Data from prediction market platform Predict.fun shows that for the 2026 FIFA World Cup Round of 16 match between Brazil and Norway, as of press time, the market gives Brazil a roughly 68% chance of advancing, while Norway’s probability is around 31%. Traders overall are favoring "Five-Star Brazil" to reach the quarterfinals. Notably, this will be the two sides’ first World Cup clash in 28 years. At the 1998 World Cup group stage, Norway once secured a 2-1 come-from-behind win over Brazil, and current head coach St?le Solbakken was a member of that Norway squad. This match will also be a showdown between the two teams’ top strikers: Brazil forward Vinícius has scored 4 goals in the tournament so far, while Norway forward Erling Haaland has netted 5 goals, with their performances likely to be key to the match’s outcome.
9 minutes ago
Serenity: JD.com plans to replace 700,000 delivery personnel with robots, and the automation wave in the logistics sector is poised to sweep the globe.
Serenity published an article noting that Liu Qiangdong, founder of e-commerce giant JD.com, has revealed robots will gradually replace around 700,000 delivery workers in the future. JD has signed cooperation agreements with roughly 120 schools to train delivery staff to transition to roles including robot repair and maintenance. Serenity views this as aligning with Amazon’s earlier plan to cut around 600,000 future hiring needs through robots, signaling accelerating commercialization of robotics and a shift in the logistics industry’s workforce structure from "manual delivery" to "robot operation and maintenance". It forecasts this model may gradually expand to global logistics and delivery platforms like DoorDash, Uber, and Mercado Libre, with robotics commercialization potentially proceeding faster than market consensus.
Team Secret Whales just did something most analysts thought was deeply unlikely. The Vietnamese League of Legends squad eliminated TOP Esports, one of China’s most decorated organizations, in a best-of-five series at MSI 2026 in Daejeon, South Korea.
For context, TSW had just been swept 0-3 by Hanwha Life Esports in the upper bracket. Coming back through the lower bracket to knock out a team of TES’s caliber is the kind of narrative arc that makes esports compelling, and that makes prediction markets very interesting.
Advertisement
The upset and why it matters beyond the Rift Team Secret Whales is a Vietnamese organization that was only established in December 2024. They qualified for MSI 2026 undefeated in LCP Split 2, representing the combined Vietnam, Southeast Asia, and Oceania region. Their jungler Hizto earned MVP honors for that split, and their roster of Pun, Hizto, Dire, Eddie, and Bie has quickly developed a reputation for punching above their weight class.
TOP Esports, meanwhile, carries the expectations that come with representing the LPL, China’s premier league. The MSI 2026 bracket stage runs from July 3 to 12.
Coinbase’s headline sponsorship and the prediction market angle Coinbase is the headline sponsor of MSI 2026, and the partnership includes built-in prediction markets where fans can wager on match outcomes. Polymarket has also listed prediction markets related to the tournament, giving crypto-native users another venue to put their game knowledge to work.
Neither Team Secret Whales nor TOP Esports has any direct crypto sponsorships or associated tokens. TSW’s sponsors include traditional brands like Pulsar and VTVCab ONLive.
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.
The person (or persons) who drained Step Finance of roughly 261,854 SOL tokens has moved to the next phase of every crypto heist playbook: the laundering stage. The exploiter sold a significant chunk of stolen SOL, bridged $21.4 million to Ethereum, purchased ETH, and funneled the proceeds through Tornado Cash.
What happened at Step Finance Step Finance, a DeFi portfolio management platform built on Solana, was hit on January 31 when attackers gained unauthorized access to treasury and fee wallets. The haul came to approximately 261,854 SOL, worth somewhere between $27 million and $30 million at the time of the breach.
The attack vector was compromised executive team devices, likely through phishing or social engineering. The smart contracts worked fine. The people managing them did not.
Advertisement
Total losses ballooned to around $40 million when accounting for the full impact, with only about $4.7 million recovered through partnerships and features like Token22. That recovery rate, roughly 12% of total losses, is not exactly a victory lap.
By late February, Step Finance ceased operations entirely. Its affiliates, SolanaFloor and Remora Markets, also shut down as the fallout spread. The project announced plans for a buyback based on a pre-hack snapshot of the STEP token.
Following the money across chains The on-chain data, flagged by Arkham Intelligence, paints a clear picture of the attacker’s exit strategy. After sitting on the stolen SOL, the exploiter began selling, converting roughly $21 million worth of tokens before bridging $21.4 million over to Ethereum.
Once on Ethereum, the funds were swapped into ETH and then routed through Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash back in 2022, though those sanctions have faced significant legal challenges. The protocol continues to function because it’s a set of smart contracts on Ethereum that nobody can unilaterally shut down.
What investors should watch The $4.7 million recovery represents a fraction of total losses, and the movement of funds through Tornado Cash suggests that further recovery through on-chain means is unlikely without law enforcement intervention. Historically, funds that make it through mixing protocols are rarely clawed back unless the attacker makes an operational mistake later, like cashing out through a centralized exchange with KYC requirements.
The planned STEP token buyback based on a pre-hack snapshot is worth monitoring, though with the project’s operations ceased and affiliates shut down, the entity executing any buyback may have limited resources to work with.
The attacker’s decision to convert stolen SOL into ETH before laundering signals a practical reality about cross-chain liquidity. Ethereum’s deeper liquidity pools and more established mixing infrastructure make it the preferred destination for laundering large sums, which means that exploits on alternative L1s frequently end up impacting Ethereum’s on-chain analytics landscape as well.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing a share of the emerging market.
“This is a pivot to the most exciting frontier in crypto: autonomous AI agents that find each other, negotiate work, and pay each other entirely on-chain, without a middleman,” Moonbeam said in a statement announcing the Moonbeam Protocol on Friday.
“We believe AI-native on-chain coordination represents a significant long-term opportunity. This transition allows us to focus resources around that direction,” Moonbeam added.
Moonbeam didn’t provide a launch timeline for the Moonbeam Protocol.
Source: Moonbeam
Agentic development has seen considerable adoption in the crypto industry, with Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire among the executives predicting that AI agents will become the dominant users of blockchain-based payments in the coming years.
Coinbase’s x402 payments protocol has been one of the biggest drivers behind that push, while layer 1 blockchains Aptos and Near have also rolled out infrastructure to support agent-driven onchain activity.
Adoption in blockchain-based payments space has struggled to take off, however, with data from Artemis showing that only $2 million in trading volume has been facilitated through the x402 protocol over the past 30 days.
AI agent development is progressing slowly in Big Tech too, with Meta CEO Mark Zuckerberg stating on Thursday that the technology hasn’t accelerated the firm’s workflows as quickly as expected.
Moonbeam pivot a blow to PolkadotSeveral members of the crypto community said Moonbeam's pivot marked a major setback for the Polkadot ecosystem, with one X user calling Moonbeam Polkadot's "flagship project."
“That’s a real pain in the ass for Polkadot,” another X user said.
Moonbeam launched as a Polkadot parachain in January 2022, providing developers the ability to build Ethereum Virtual Machine-compatible applications directly in the Polkadot ecosystem.
Moonbeam users instructed to migrate tokensMoonbeam (GLMR) holders will need to bridge their tokens from Moonbeam’s Polkadot parachain to Base before July 31, 2026, including GLMR tied in lending markets, staking contracts and other decentralized finance protocols, Moonbeam said.
Those holding the token on a centralized exchange won't need to take any action, Moonbeam said.
Moonbeam said it will continue providing its cross-chain interoperability services on the Polkadot parachain through the transition period and is not abandoning its existing builders or infrastructure providers.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
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.
A blockchain that processes billions in daily transactions came within a few hundred dollars of a potential catastrophe. Aptos Labs patched a critical flaw in its Move virtual machine after security researchers demonstrated that a simulated attack could succeed nearly 90% of the time using nothing more than a modest server setup.
The vulnerability, a so-called stale-cache bug, was reported by blockchain security firm Hexens on February 25, 2026. Aptos deployed a fix to mainnet within hours, followed by a public pull request on February 27 that documented the patch and its relationship to the company’s bug bounty program.
What the bug actually did The flaw sat inside the Move virtual machine, the execution environment that processes every smart contract on the network. The bug allowed an attacker to potentially hijack on-chain structs and authority resources, meaning someone could manipulate the core data structures that define who owns what on the blockchain.
Hexens researchers demonstrated proof-of-concept attacks using a server setup costing roughly $3,000, with individual attack attempts running into the low hundreds of dollars. The success rate in simulations hit nearly 90%.
Advertisement
Hexens estimated the systemic risk at $70 billion, accounting for stablecoins, cross-chain bridges, and DeFi protocols built on or connected to Aptos. Bridges are particularly sensitive targets because they hold pooled assets from multiple chains, meaning a single successful exploit can drain funds that originated elsewhere.
Polygon’s CTO Mudit Gupta independently reviewed the researchers’ proof-of-concept and validated their findings.
Aptos’s response and the dispute that followed No user funds were lost during the incident. Aptos Labs moved from discovery to mainnet patch in hours.
Aptos disputed claims about the bug’s exploitability under actual mainnet conditions, arguing that real-world constraints would make a successful attack harder than the simulated environment suggested. That position sits in tension with Gupta’s independent validation of the proof-of-concept.
The public pull request on February 27 documented the technical fix and formalized the connection to Aptos’s bug bounty program, which offers rewards of up to $1 million for critical vulnerability disclosures.
What investors and builders should watch The $70 billion systemic risk figure represents the maximum theoretical exposure if an attacker could chain together every vulnerable pathway simultaneously. A $3,000 server and a few hundred dollars per attempt is a low barrier for an adversary targeting a high-value network. Protocols that rely on Aptos for settlement, particularly cross-chain bridges, should treat this disclosure as a prompt to audit their own dependencies.
The Aptos bug bounty ceiling of $1 million for critical finds is competitive, but given that this particular bug carried a theoretical exposure in the tens of billions, a researcher who could have sold this vulnerability on a grey market for significantly more chose responsible disclosure instead.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Blockchain security firm Hexens has disclosed a critical vulnerability in Aptos’ Move virtual machine, detected in February this year, that theoretically could put roughly $70 billion in crypto assets at risk. However, the Aptos team patched the mainnet within hours of the vulnerability being disclosed, with no user funds lost. Hexens said the flaw stems from a "stale-cache" issue in the Move VM, which can cause type confusion, letting attackers seize critical permissions including stablecoin minting, cross-chain bridges, and DeFi protocols. In simulation tests, the research team used only a ~$3,000 server to set up the environment, hitting a ~90% attack success rate without requiring validator node permissions or internal access. Aptos responded that it fixed the issue rapidly after receiving the report through its bug bounty program, adding that the vulnerability has very low exploitability in real-world networks and poses no actual harm to users or funds. Hexens warned that malicious exploitation could extend risks beyond the Aptos ecosystem to infrastructure like cross-chain bridges, stablecoins, and centralized exchanges. Independent security firm Grego AI estimates that roughly $250 million in total value locked (TVL) on the Aptos chain was directly affected, with the overall theoretical risk exposure peaking at around $70 billion.
Relevant content
Serenity: JD.com plans to replace 700,000 delivery personnel with robots, and the automation wave in the logistics sector is poised to sweep the globe.
Serenity published an article noting that Liu Qiangdong, founder of e-commerce giant JD.com, has revealed robots will gradually replace around 700,000 delivery workers in the future. JD has signed cooperation agreements with roughly 120 schools to train delivery staff to transition to roles including robot repair and maintenance. Serenity views this as aligning with Amazon’s earlier plan to cut around 600,000 future hiring needs through robots, signaling accelerating commercialization of robotics and a shift in the logistics industry’s workforce structure from "manual delivery" to "robot operation and maintenance". It forecasts this model may gradually expand to global logistics and delivery platforms like DoorDash, Uber, and Mercado Libre, with robotics commercialization potentially proceeding faster than market consensus.
6 minutes ago
Serenity: SemiAnalysis Accused of "Shorting Then Building Positions"; Relevant Optical Communication Firms Added to Associated ETF
Serenity cited a report from UDN Money that research firm SemiAnalysis has sparked market controversy over a series of moves. In June this year, SemiAnalysis released a research note taking a bearish stance on the optical communications sector, citing factors including low yield of CPO (co-packaged optics) technology and potential delays in product launches, which led to sharp declines in stocks of related companies. Subsequently, the firm partnered with Tema ETFs to launch an optical communications-themed ETF. Notably, firms including Himax Technologies and Lumentum Holdings—companies that SemiAnalysis had heavily bearish on in its "Powered Down, Lights Off" report—were added to the ETF’s holdings after the optical communications sector’s pullback, sparking market discussions over its "bearish first, then allocate" practice.
6 minutes ago
Michael Saylor: Bitcoin's "hard consensus" acts as its immune system, making it difficult for poorly conceived protocol changes to pass.
Michael Saylor stated in a post that Bitcoin's "Hard Consensus" serves as its immune system. Transaction fees determine the price of block space, nodes are responsible for formulating network strategies, miners build blocks, and holders express their choices through capital allocation. Saylor noted that any protocol change must secure overwhelming community consensus to be adopted, meaning flawed ideas are weeded out before they can become harmful modifications to the protocol.
6 minutes ago
EU regulators warn: Some event-based prediction market contracts are banned from sale to retail investors.
The European Securities and Markets Authority (ESMA) issued a statement saying that if "Event Contracts" for prediction markets meet the definition of financial instruments, they fall under the category of binary options, and under EU rules, their marketing, distribution, or sale to retail investors is prohibited. ESMA noted that the legal status of a product depends on its actual function, not commercial names like "Event Contracts". If the relevant contracts meet MiFID II’s definition of financial instruments, they will be classified as derivatives and subject to the EU’s binary options ban. ESMA also pointed out that even if a platform only offers such products to professional investors, it still needs to obtain MiFID II authorization if it provides related investment services within the EU. In addition, Event Contracts may also be subject to the gambling laws of individual EU member states; if the product is tokenized and not classified as a financial instrument, it may fall under the scope of the Markets in Crypto-Assets Regulation (MiCA).
6 minutes ago
UK crypto regulatory framework gains industry recognition, but high-threshold compliance requirements still pose a challenge to implementation.
The UK’s Financial Conduct Authority (FCA) recently released its crypto asset regulatory framework. Industry insiders widely believe the new rules offer competitive advantages in retaining global liquidity and allowing overseas-issued stablecoins to circulate, which is expected to boost the UK’s international appeal in the digital asset space. However, uncertainties remain regarding strict license approvals and some regulatory details. The new framework allows eligible overseas trading platforms to serve local clients via their UK-based authorized branches and access global liquidity pools, avoiding the formation of an independent UK market liquidity, which is expected to improve transaction pricing and market efficiency. Additionally, the rules permit non-UK-issued stablecoins to continue circulating, a move seen as more open than the EU’s Markets in Crypto-Assets Regulation (MiCA) framework. Still, industry insiders note that the FCA has not yet clarified which overseas jurisdictions meet the "equivalent regulatory protection" standard, creating uncertainty for enterprises’ business planning. Furthermore, DeFi regulatory policies remain undefined; if centralized platforms are restricted from accessing DeFi applications, this could weaken the UK’s competitiveness compared to markets like the U.S. Analysts also state that the authorization process under the new framework will be far stricter than existing anti-money laundering (AML) registrations, covering requirements such as consumer protection, prudential regulation, operational resilience, and executive accountability. Institutions predict that whether the UK will develop into a global crypto hub in the future hinges on the implementation efficiency of regulatory details and the predictability of the approval process.
6 minutes ago
Bank of Korea Warns Samsung, SK Hynix Leveraged ETFs May Exacerbate Market Volatility
According to South Korean media reports, the Bank of Korea (BOK) has warned that single-stock leveraged ETFs linked to Samsung Electronics and SK Hynix could further exacerbate market concentration, amplify market volatility, and strengthen one-sided trading capital flows. In a written response submitted to People Power Party lawmaker Park Sung-hoon, the BOK stated: “Given that Samsung Electronics and SK Hynix account for more than half of South Korea’s total stock market capitalization and trading volume, expanding investment in single-stock leveraged ETFs may further intensify market concentration.” The central bank noted that as corporate performance or market expectations shift, increased capital inflows and outflows could cause these products to amplify one-sided trading. Furthermore, if the market undergoes a correction, retail investors may face larger losses, while rising ETF redemptions or portfolio rebalancing could also exacerbate price volatility for the relevant stocks. According to Yonhap News Agency, the Bank of Korea plans to step up monitoring of the impact of single-stock leveraged ETFs on the stock market and financial system.
Update July 5, 6:45 am UTC: This article has been updated to include additional comments from Tim Draper.
Billionaire investor and longtime Bitcoin bull Tim Draper said blockchain analytics company Arkham incorrectly linked him to a wallet involved in a large Bitcoin transfer to Coinbase Prime.
“It just wasn’t me. I haven’t touched it. Arkham has it wrong,” Draper told Cointelegraph, adding that he still expects Bitcoin to reach $250,000 within one year.
The statement came after blockchain analytics platform Lookonchain reported Friday that a wallet “possibly linked” to Draper had transferred 1,000 Bitcoin worth about $62 million to Coinbase Prime, citing data from Arkham.
The case highlights both the growing role of blockchain analytics in tracking large crypto transfers and the challenges of independently confirming wallet ownership.
Draper bought nearly 30,000 BTC in 2014Draper is best known in the crypto community as one of Bitcoin’s earliest high-profile investors, having won a US Marshals Service auction for nearly 30,000 Bitcoin seized by US authorities from Silk Road-related holdings in 2014.
According to Forbes, Draper paid about $18.7 million, or roughly $632 per Bitcoin, for the holdings, now worth about $1.9 billion.
Arkham labels the wallet involved in the transfer as “Tim Draper?” through its AI-powered entity prediction feature. The feature assigns lower-confidence attributions intended to provide clues about the possible owner of a wallet address.
Source: Arkham
The wallet’s transaction history shows several interactions with Coinbase Prime over the past year, including a 1,000 Bitcoin transfer from Coinbase Prime on July 9, 2025, when BTC traded around $115,880 per coin.
Cointelegraph reached out to Arkham for comment but had not received a response by publication.
Draper’s $250,000 Bitcoin forecast repeatedly missed timelinesDraper’s latest reiteration of his $250,000 Bitcoin target adds to a series of forecasts that have repeatedly missed earlier timelines.
The investor has held the same price target since at least 2018, initially expecting Bitcoin to reach the level by late 2022 or early 2023. However, Bitcoin’s highest recorded price to date is $126,080 on Oct. 6, 2025, according to CoinGecko. At publishing time, Bitcoin was trading around $62,530.
Source: Cointelegraph
Some Bitcoin bulls see further upside ahead, with Blockstream CEO Adam Back expecting Bitcoin could eventually reach between $500,000 and $1 million, arguing that the milestone may be “closer than people think.”
BlackRock CEO Larry Fink has also said Bitcoin could climb as high as $700,000 if institutional adoption increases significantly, while Bitcoin critic Peter Schiff has repeatedly argued that the asset lacks intrinsic value and could ultimately fall to zero.
Polymarket’s “What price will Bitcoin hit in 2026?” prediction market shows traders pricing the most likely outcome around $65,000 to $70,000, with bets clustering near $68,000.
Magazine: The end of anonymity? AI could unmask crypto’s hidden identities
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
A certain whale holding a 40x short BTC position has been partially liquidated four times in a row, with total losses amounting to nearly $300,000.
Per monitoring by OnchainLens, whale address 0x2117 saw its 40x leveraged Bitcoin short positions partially liquidated four times in the past 24 hours. The address has had a total of 97.99 BTC liquidated, worth approximately $6.18 million, with a cumulative realized loss of around $298,800. Even so, the trader still holds 67.98 BTC (valued at roughly $4.26 million) in 40x leveraged short positions, with a current unrealized loss of about $179,200. Its liquidation price is only approximately $902 higher than the current BTC market price.
8 minutes ago
A certain wallet address sold ANSEM too early, missing out on nearly $2.39 million in potential gains, with the sale only bringing in $974.81.
According to monitoring by Onchain Lens, the address "9oxDc" sold 8.06 million ANSEM tokens approximately 17 days ago at a price of $974.81. At the time of the sale, the project’s market cap stood at roughly $54,000 to $134,000. With ANSEM’s price surging sharply, the batch of tokens is now valued at around $2.39 million. Based on current prices, the trader missed out on approximately $2.389 million in potential profits due to selling too early.
8 minutes ago
AI capital rotation, full implementation of MiCA, and stablecoin competition are the market’s key focuses this week.
This week, the digital asset industry’s discussions centered on topics including AI, the EU’s Markets in Crypto-Assets (MiCA) regulation, stablecoins, and Bitcoin. On the AI front, multiple industry insiders noted that current market capital is shifting from digital assets to AI infrastructure development, and future value in the AI sector may be captured more by application layers and infrastructure providers rather than just large language model developers. Additionally, some argue that if the U.S. government acquires equity in OpenAI, it could further exacerbate the trend of centralization in the AI industry. On the regulatory side, as MiCA’s transition period has officially ended, EU crypto asset service providers must now obtain full MiCA licenses to continue operating. Industry players believe that regulatory compliance will gradually become a key competitive advantage for crypto payment and digital asset service providers in Europe. Regarding stablecoins, the industry continues to focus on the newly launched Open USD (OUSD). Analysts believe its ecosystem, involving over 140 institutions including Visa, Mastercard, Stripe, Coinbase, BlackRock, and BNY, is poised to challenge the existing stablecoin market landscape (such as USDC) by leveraging distribution advantages. However, some point out that OUSD still faces challenges including liquidity cultivation and governance coordination. On the Bitcoin front, market views are divided over recent capital operations by Michael Saylor’s firm Strategy. Some analysts argue that the company’s recent financing arrangements mean it may still sell Bitcoin to meet future funding needs; others believe the move effectively eases market concerns about its liquidity and default risks, representing a positive risk management measure.
8 minutes ago
A crypto whale withdrew 4,942 ETH from Binance and staked it on Lido, with total assets withdrawn reaching $22.08 million over the past 24 hours.
According to monitoring by Onchain Lens, a whale address withdrew 4,942 ETH from Binance, valued at approximately $8.83 million, and immediately staked it via Lido to receive around 3,990 wstETH. Additionally, the same address also withdrew 211.5 WBTC from Binance over the past 24 hours, worth roughly $13.25 million. As of now, the whale has withdrawn a total of approximately $22.08 million worth of ETH and WBTC from Binance in the last 24 hours, with all the withdrawn ETH used for on-chain staking.
8 minutes ago
CZ replies to a riddle-themed meme, leading multiple CZ-themed MEME coins on the BSC chain to surge sharply.
Crypto influencer @TCryptochicks released a series of "riddle" images, after which Binance founder CZ retweeted and replied "Water (drop) your BNB wallet" — reigniting hype around celebrity-themed meme coins. In response, multiple CZ-themed meme coins emerged on the Binance Smart Chain (BSC), surging sharply in a short period. Among them: - CZ (The Final Form Bull): Market cap briefly topped $41 million, now pulled back to $29.82 million, with a 24-hour trading volume of $28 million and a 24-hour gain of 18,200%. - CZ (The Bull): Market cap briefly exceeded $11 million, now at $3.88 million, with a 24-hour trading volume of $6.1 million and a 24-hour gain of 2,400%. Market observers note this mirrors the "Ansem effect" previously seen on Solana, where topics linked to prominent KOLs or celebrities trigger explosive rallies in meme coins bearing the same or similar names. CZ has in the past indirectly driven BSC meme coin trends via social media interactions, such as references to his dog "Broccoli", the number "4" meme, and his book title "Binance Life". However, he has repeatedly clarified his tweets do not constitute endorsements. Related tokens have historically seen sharp surges followed by rapid pullbacks, so investors should be alert to high volatility and rug pull risks.
8 minutes ago
Deposits into Aave’s new Monad market surpassed $100 million within two days of its launch, while total deposits for Aave V4 hit a new all-time high, exceeding $250 million.
Decentralized lending protocol Aave’s V3 market on the Monad network has surpassed $100 million in total deposits roughly two days after launch. Aave deployed its V3 version on Monad on July 3, marking the first time lending functions and its GHO stablecoin have been introduced to the network. The launch initially supported 12 assets including USDT, USDC, GHO, WETH, and cbBTC. Deposits exceeded $75 million within the first 24 hours of going live. Per an Aave governance proposal, the Monad Foundation has committed to providing $15 million in incentives over the next 12 months, and will purchase and hold 10 million GHO for at least six months; Aave DAO will also contribute an additional 500,000 GHO to support stablecoin ecosystem development. Additionally, Aave founder Stani Kulechov noted that Aave V4’s deposit volume on the Ethereum mainnet hit a new all-time high of $250 million on July 5. He expressed expectations that V4’s deposits will grow further to $1 billion, with plans to continue expanding into crypto asset mortgage loans and securities-backed lending services.
The gap between speculative hype and realized losses rarely comes as starkly as in the latest Nansen data covering the Trump-themed memecoin. By the end of June 2026, 988,905 retail buyers had collectively lost $3.81 billion on the token, a 97% decline from its $75.35 peak that leaves it trading around $1.76. The numbers, cited by the original report, sketch a nearly two-to-one loser ratio: roughly two in every three purchasers ended underwater. The trigger was not a broader market crash—many altcoins posted weekly gains during the same period—but a token-specific unwind that turned a political novelty into a retail wealth transfer vehicle.
While retail absorbed the pain, a narrow group of early traders captured approximately $4 billion in profits, per the Nansen analysis. The asymmetry is not accidental. On-chain launch dynamics for memecoins routinely favor snipers and insiders who front-run public awareness, and the TRUMP token appears to have followed that template precisely. The figures land alongside Donald Trump’s 2025 financial disclosure, which revealed a $636 million payout from his crypto bets and an aggregate $799 million profit from his Trump-backed World Liberty Financial venture. That disclosure does not necessarily tie directly to the TRUMP memecoin, but it reinforces the perception of an uneven playing field between name-branded tokens and the retail crowd that piles in after the fact.
A 97% Wipeout by the Numbers The scale of the drawdown is uncommon even by memecoin standards. At its top, TRUMP commanded a fully diluted valuation in the billions. By early July 2026, the market had slashed that to a fraction, erasing nearly all the speculative premium built in the token’s first weeks. The $3.81 billion in cumulative losses translates to an average loss of roughly $3,850 per affected buyer, though the dispersion is wide: a handful of traders lost negligibly, while thousands lost far more. Volume patterns suggest retail buying clustered after initial price spikes, a behavioral quirk that data from on-chain analytics firms has repeatedly highlighted across memecoin cycles.
Against a backdrop where weekly top gainers routinely include fresh project tokens, the TRUMP coin’s path stands out less for its rise than for the sheer amount of capital it burned on the way down. The token never integrated into any significant DeFi protocol, nor did it develop a use case that could anchor demand away from pure momentum trading. When the bid-side liquidity evaporated, the exit door narrowed rapidly.
The Insider Advantage in Memecoin Markets Blockchain sleuths have long documented how memecoin creators, early liquidity providers, and bot operators dominate the opening minutes of a token’s life. The Nansen figures reinforce the pattern: outsized profits concentrate in the hands of those who either launched the contract, supplied initial pools, or executed buys before social media amplification kicked in. For the TRUMP token, the early cohort walked away with approximately $4 billion while retail added another chapter to the long history of late arrivals funding early exits. Market structure here mirrors pump-and-dump micro-cap equities, but with no circuit breakers and virtually no on-chain accountability.
This cycle has also seen a handful of developer-heavy blockchains grow their ecosystems at the same time memecoin mania burns through waves of speculative capital. The contrast is instructive: chains with sustained commit activity, active dApp deployments, and genuine fee generation tended to hold value better than tokens whose primary appeal was a name or mascot. The TRUMP coin’s collapse is not an indictment of all crypto, but it sharpens the line between speculation and productive on-chain activity.
Regulatory Silence as Losses Mount The $3.81 billion figure will almost certainly enter the broader conversation about retail investor protection in crypto markets. While US lawmakers debate the architecture of a comprehensive crypto bill—with banking lobbyists pushing last-minute amendments—tokens like TRUMP slip through the regulatory cracks almost by design. They are not marketed as securities, they do not file disclosures, and they often launch on decentralized exchanges that require no approval. This leaves the typical buyer with no recourse and no clear venue for complaint beyond social media forums. The Trump connection adds a layer of political awkwardness, but the loss pattern itself is replicated across dozens of smaller celebrity and theme tokens every quarter.
A market where nearly one million individuals lose three-quarters of a trillion cents on a single token arguably accelerates demands for at least basic disclosure standards around token launches. Whether the SEC, CFTC, or state regulators pick up the thread remains an open question. For now, the TRUMP memecoin episode demonstrates that even a token tied to a sitting former president and current candidate does not insulate retail from catastrophic losses when the hype cycle ends.
What Comes After the Crash The immediate aftermath is predictable: diminished volume, fading social engagement, and a slow bleed as remaining holders exit at whatever bid remains. The token has already lost 97% of its peak value, and historical analogues suggest recapturing even a fraction of that is a tall order without a material catalyst beyond nostalgia. Community forums may attempt revival narratives, but on-chain data tends to show that once a token’s liquidity depth collapses below a critical threshold, it rarely regains the level of activity needed to attract new risk capital.
The more lasting impact may be felt in how retail allocates attention. After the LUNA collapse and the FTX blowup, the market absorbed the lesson that centralized intermediaries pose risks. The TRUMP token shows that decentralized launch mechanisms can produce equally severe wealth destruction when the only mechanism underpinning price is attention. If the meme coin market consolidates around a smaller number of tokens with at least minimal community retention, the brutal economics exposed here could accelerate that filtering process.
AUTHOR
Chainwire is The Leading Blockchain and Crypto Newswire and Press Release Distribution Service That Maximize Crypto News Coverage.
Why Is Congress Revisiting Crypto Ethics Now? Senator Kirsten Gillibrand has proposed barring elected officials and their spouses from issuing or sponsoring their own digital assets, placing ethics rules at the center of the Senate’s digital asset market structure negotiations.
The New York lawmaker said Congress should support a restriction covering members of Congress, the president, and their spouses. Her proposal cites the memecoins issued by President Donald Trump and First Lady Melania Trump, but the restriction as described does not clearly extend to the vice president or other family members.
The timing matters because the Senate is still negotiating the Digital Asset Market Clarity Act, a market structure bill meant to define how crypto tokens, exchanges, and intermediaries are regulated. The bill has faced delays tied to ethics, tokenization, and stablecoin rewards, showing that market structure is no longer a purely technical fight over agency jurisdiction.
Gillibrand framed the issue as a condition for legislative progress. “This is a commonsense requirement that should get broad bipartisan support – public officials and their spouses should not be issuing memecoins,” she said. “We cannot let self-dealing destroy an opportunity to strengthen consumer protections, crack down on illicit finance, and expand economic opportunity for the millions of Americans our financial system has left behind.”
How Could A Token Ban Affect The CLARITY Act? The ethics push could become a key test for whether the CLARITY Act can move through the Senate. Gillibrand has said lawmakers will not support the bill without addressing the risk that elected officials could enrich themselves through industries they help regulate.
That concern is especially sensitive in crypto because token prices can react directly to political access, policy decisions, and public endorsements. A token issued or sponsored by a sitting official creates a different risk profile from a passive investment holding. It can blur the line between personal financial gain and public office, particularly when legislation could influence the value or legal status of digital assets.
The proposed restriction would also place memecoins inside a broader debate over conflicts of interest. During consideration of the GENIUS Act in 2025, provisions targeting Trump’s crypto ties were removed. Gillibrand said at the time that addressing all of Trump’s ethics issues would have required a much longer bill, even as she argued that his memecoin was likely illegal under current law.
Trump signed the GENIUS Act into law in July 2025. The fight has now moved to the broader market structure bill, where Democrats and some crypto-focused lawmakers are trying to combine industry rules with tighter ethics safeguards.
Investor Takeaway The CLARITY Act’s path may depend as much on political ethics as on crypto market design. For exchanges, issuers, and investors, that means legislative timing could be shaped by conflict-of-interest provisions rather than only by debates over SEC and CFTC authority.
Why Are Trump’s Crypto Ties Central To The Debate? Trump’s crypto activity has become a flashpoint because it overlaps with his role in shaping digital asset policy. He reported earning about $1.4 billion from crypto ventures in the same year he took office, while his administration and Congress were working on major digital asset legislation.
Trump has said there was “nothing illegal” and “nothing wrong” with profiting from his investments as president. He did not directly answer questions about perceived conflicts of interest.
The controversy extends beyond the president’s own token activity. Trump has faced criticism over his sons’ involvement in World Liberty Financial and American Bitcoin, a bitcoin mining company co-founded by Eric Trump. Gillibrand’s proposal, however, appears focused on elected officials and spouses, leaving open whether other family members would be covered.
That gap could become a major issue in negotiations. A narrow restriction may be easier to pass because it targets clear conflicts involving officeholders and spouses. A broader version covering children, affiliated companies, or indirect financial interests would address more risks but could be harder to draft and more politically contentious.
What Would The Rule Mean For Crypto Markets? For crypto markets, the proposed ban would not directly regulate exchanges, stablecoins, or token issuers. Its main effect would be to reduce the risk that official power is used to promote a private digital asset tied to a public officeholder.
That distinction matters for institutional adoption. Large financial firms and asset managers generally want clearer rules before committing more capital to digital asset markets. A market structure law passed without ethics protections could attract criticism that it benefits politically connected token projects, weakening confidence in the framework.
A stronger ethics provision could help separate crypto legislation from individual political ventures. It would also give lawmakers a cleaner basis to debate market rules, investor protections, illicit finance controls, and token classification without every vote being tied to personal enrichment concerns.
The proposal still leaves key questions unresolved. Lawmakers would need to define what it means to “issue” or “sponsor” a digital asset, whether indirect ownership counts, how spouses’ holdings are treated, and whether the rule applies only while officials are in office or also during campaigns and transition periods.
The Senate’s next challenge is to decide whether those ethics questions can be settled without derailing the broader crypto bill. Until then, the market structure debate will remain tied to a larger political question: whether Congress can regulate digital assets while preventing elected officials from profiting directly from the rules they help write.
Select fintech product releases this week from Ondo Finance, Lantern, Bluprynt and Klaviyo.
Ondo Finance, Broadridge Financial Solutions launch third-party tokenized securities solution It’s a live solution of third-party tokenized U.S. securities operating entirely within the existing regulatory perimeter in the U.S. to provide full voting rights for tokenized equity holders.
The underlying shares never leave the traditional U.S. regulated custody chain. Ondo’s registered transfer agent mints corresponding tokens, backed 1:1 by those shares, which are issued on the Ethereum blockchain and held by regulated custodians. Each token holder will receive the same shareholder rights and protections as shareholders holding through U.S. brokerage accounts receive, including issuer communications and onchain proxy voting through Broadridge’s ProxyVote.com platform.
Bluprynt, Chainproof unveil digital asset directors and officers insurance Verified D&O’s premise is that decision-makers who issue, hold, or accept a token all carry liability for that choice — and when a token can prove who stands behind it and what backs it, underwriters gain a new class of verifiable information.
The collaboration integrates Bluprynt’s issuer and collateral verification technology directly into the underwriting process. Know Your Issuer confirms who stands behind a token. Proof of Collateral confirms what backs the token, tracing every layer that supports it.
Lantern debuts e-commerce agentic shopping measuring tool The platform helps e-commerce brands measure and improve how their products show up inside AI-powered shopping experiences. Lantern evaluates what’s limiting performance, makes the changes, and executes them with team approval.
Agentic Commerce Performance focuses on how products are surfaced, selected, and converted inside AI-driven shopping. Agent Ready Score measures how prepared a store is for AI-driven commerce. AI Visibility Tracking shows how often products and brands appear across AI-generated answers. Product-Level Analysis identifies specific issues that limit how products are interpreted and recommended. Category Benchmarking compares performance against competing products and brands Automated Fixes apply prioritized changes across product pages and catalogs, with teams approving updates before deployment Trading Technologies upgrades TT Trade Surveillance The tweaks include a new Market Replay tool and an enhanced enterprise-level case management system user interface to improve the workflow, speed and scope of surveillance cases across equities, futures and options, foreign exchange (FX), fixed income and cryptocurrencies.
Market Replay provides a full forensic auditing module for reconstructing and reviewing historical market activity across a full 90-day lookback window, with a tick-by-tick, frame-by-frame visual playback of the order book.
Klaviyo announces two AI agent developments Klaviyo’s Composer, its AI marketing agent, is moving to public beta. Composer identifies the biggest opportunities, builds the campaigns to capture them, and executes the work automatically.
When Customer Agent resolves a conversation, it writes preferences, product interests, and intent signals back to the customer record — data Composer uses to build smarter marketing campaigns. When Composer launches a campaign, that engagement informs how Customer Agent personalizes the next interaction.
According to on-chain data, since the launch of Trump’s official meme coin TRUMP in January 2025, among roughly 1.48 million wallets that purchased the token, 988,900 (about two-thirds) were in a loss position as of the end of June, with total realized and unrealized losses amounting to around $3.81 billion. Data shows only 492,300 wallets turned a profit, with total gains of approximately $4.04 billion, primarily concentrated among early participants who bought the token at prices below $1 during its launch phase. Calculated across all token-holding wallets, the overall net profit stood at roughly $236 million. Reports note that Trump’s recently disclosed annual financial statements show he earned around $636 million from the TRUMP meme coin, with total crypto-related revenue exceeding $1.4 billion in 2025. Additionally, Nansen’s analysis of WLFI—the governance token of Trump family’s DeFi project World Liberty Financial—reveals that among the 26,663 wallets that purchased WLFI on the secondary market, roughly 85% have recorded losses totaling around $83 million, while total gains stand at approximately $23 million.
Relevant content
Institutions: Bitcoin's decoupling from U.S. stock market trends may only be temporary.
Despite the U.S. stock market hitting successive new highs, Bitcoin has underperformed so far this year, but asset management firms Hashdex and Charles Schwab both believe this divergence will not persist long-term. Hashdex Chief Investment Officer Samir Kerbage noted that current market capital is flowing more into themes like AI infrastructure, IPOs, and interest rate trading rather than digital assets, a reflection of shifts in capital allocation rather than a deterioration of the crypto sector’s fundamentals. He pointed out that stablecoin trading volume in the first half of this year has already exceeded the full-year 2025 level, the size of tokenized real-world assets (RWAs) has grown by over 60% year-to-date, crypto network transaction activity has also hit an all-time high, and the divergence between on-chain fundamentals and market valuations has reached a historic high. Meanwhile, Jim Ferraioli, Head of Digital Assets Research at Charles Schwab, holds that Bitcoin’s current trajectory still aligns with historical cycles following previous halving events. He explained that Bitcoin typically takes over a year to rebound above the production cost of inefficient miners, which currently stands at around $95,000, while the market’s average cost basis is roughly $80,000 – meaning the price may face ongoing selling pressure from investors exiting losing positions during a rebound. Ferraioli noted that while the "four-year halving cycle" is not an absolute rule, this pattern has profoundly shaped investor behavior. As the Bitcoin market matures, the magnitude of volatility in each future cycle may moderate somewhat.
10 minutes ago
Deposits into Aave’s new Monad market surpassed $100 million within two days of its launch, while total deposits for Aave V4 hit a new all-time high, exceeding $250 million.
Decentralized lending protocol Aave’s V3 market on the Monad network has surpassed $100 million in total deposits roughly two days after launch. Aave deployed its V3 version on Monad on July 3, marking the first time lending functions and its GHO stablecoin have been introduced to the network. The launch initially supported 12 assets including USDT, USDC, GHO, WETH, and cbBTC. Deposits exceeded $75 million within the first 24 hours of going live. Per an Aave governance proposal, the Monad Foundation has committed to providing $15 million in incentives over the next 12 months, and will purchase and hold 10 million GHO for at least six months; Aave DAO will also contribute an additional 500,000 GHO to support stablecoin ecosystem development. Additionally, Aave founder Stani Kulechov noted that Aave V4’s deposit volume on the Ethereum mainnet hit a new all-time high of $250 million on July 5. He expressed expectations that V4’s deposits will grow further to $1 billion, with plans to continue expanding into crypto asset mortgage loans and securities-backed lending services.
10 minutes ago
Vitalik: Ethereum to enter 'Lean Ethereum' phase, core protocol may undergo full overhaul in the next 3–4 years
Ethereum co-founder Vitalik Buterin published a post stating that Ethereum researchers recently held a meeting in Berlin, continuing discussions with client teams initiated in Svalbard in April, to update the blockchain’s long-term protocol roadmap. Vitalik noted that "Lean Ethereum" is not a single upgrade, but a series of protocol evolutions to be rolled out gradually over the next 3 to 4 years—its impact is comparable to The Merge as Ethereum’s second major iteration, while the current phase may mark its third major evolution. He outlined core upcoming changes for Ethereum: replacing direct execution verification with recursive STARK proofs, integrating post-quantum cryptography, adjusting the consensus mechanism to a decoupled design of available chain and finality, and implementing multi-dimensional gas models alongside state structure restructuring. At the state level, Ethereum may form a "two-tier state structure" around 2030, consisting of ~2TB of traditional dynamic state and ~100TB of new scalable state to support scaling needs across different application scenarios. Vitalik emphasized that privacy capabilities will no longer be an add-on feature, but a core goal of protocol design. The system will also rely more on formal verification to boost security, and push the EVM toward higher-level abstractions, with the underlying layer potentially transitioning gradually to RISC-V or leanISA architectures. Key parameters including gas limits, blob sizes, and block times will be adjusted multiple times over the next few years, as Ethereum continues scaling via client optimizations and protocol upgrades. Vitalik concluded that Ethereum is entering a phase of continuous restructuring and scaling, aiming to complete underlying system upgrades without disrupting the existing application ecosystem.
10 minutes ago
The U.S. CLARITY Act has made further progress, while the county sheriffs' organization has shifted to a neutral stance.
The Major County Sheriffs Association (MCSA) has shifted its stance on the CLARITY Act from opposition to neutrality. In a letter to Senate Banking Committee Chairman Tim Scott and Senator Elizabeth Warren, the organization noted that some of its concerns about Section 604 of the bill have been addressed. Previously, the MCSA had warned that the provision could undermine, to some extent, law enforcement capabilities targeting illegal financial activities related to crypto assets. Section 604 is tied to the Blockchain Regulatory Certainty Act, with its core focus on limiting liability for developers of decentralized protocols. Supporters argue that developers should not be held liable as intermediaries for user actions, while law enforcement agencies had earlier raised fears that the provision could create regulatory and enforcement "loopholes" that would hinder investigations into cases like money laundering, ransomware, drug trafficking, and terrorist financing. Despite the neutral stance, the MCSA still calls for including local law enforcement agencies in relevant research and coordination mechanisms in future revisions to boost digital asset crime investigation capabilities. Analysts say this change removes a key obstacle to the CLARITY Act’s progress, boosting its feasibility of advancing to a Senate vote. However, opposition from the banking sector to stablecoin yield products and DeFi regulation remains a major uncertainty.
10 minutes ago
Perspective: The next phase of tokenization will be "customized investment portfolios", rather than just improving settlement efficiency.
Thomas Sy, head of multi-asset solutions at New York Life Investment Management (NYLIM), stated that the next core application of tokenization will be "personalized portfolio construction" rather than just improving settlement efficiency or extending trading hours. NYLIM manages approximately $807 billion in total assets, with about $110 billion overseen by Sy’s team. He noted that blockchain technology will enable asset management firms to customize complex portfolio strategies for different investors at scale—a capability the traditional financial system currently struggles to deliver. Sy added that the future of asset management will center on "high customization," and blockchain is the only technological path capable of achieving this at scale. He emphasized that tokenization is not limited to putting ETFs, bonds or private credit on the blockchain; the key is to restructure the very way portfolios are built. He also pointed out that current portfolios often mix ETFs, bonds and private assets, but personalized strategies are difficult to scale due to operational complexity. Tokenization is expected to "embed customization logic into the assets themselves," reducing operational costs and boosting efficiency. Additionally, Sy said stablecoins have become a key entry point for traditional finance to access on-chain markets. Currently, the stablecoin market capitalization exceeds $300 billion, and they are being used for cross-border payments and fund management. He believes this trend will gradually drive institutional demand for on-chain yield-generating assets. On decentralized finance (DeFi), NYLIM is still researching related applications, but Sy stressed that institutional participation requires more mature infrastructure, including improved tokenized collateral, clearing mechanisms and prime brokerage systems.
10 minutes ago
US national debt has hit $39 trillion, sparking long-term concerns, with analysts warning the risk of an unsustainable fiscal path is rising.
The size of U.S. national debt has risen to around $39 trillion, with public debt equivalent to the total U.S. GDP. Annual interest payments have reached roughly $1 trillion, exceeding the defense budget. The U.S. Treasury system traces its origins to the debt consolidation reform promoted by Alexander Hamilton in 1790, when the federal government assumed the war debts of individual states and promised full repayment, thereby establishing the U.S. credit system and laying the foundation for the global status of the U.S. dollar and U.S. Treasuries. Today, U.S. Treasuries are regarded as one of the core assets of the global financial system, underpinning the reserve currency status of the U.S. dollar and widely held by central banks and financial institutions worldwide. However, as the debt scale continues to expand, market concerns about its long-term sustainability have intensified. According to calculations from the University of Pennsylvania’s Wharton Budget Model (PWBM), when the debt-to-GDP ratio exceeds around 210%, the fiscal system may face unsustainability risks. Currently, the U.S. ratio stands at roughly 100%, and the U.S. Congressional Budget Office projects it could rise to 175% by 2056. Analysts note that in scenarios of rising healthcare spending and persistent fiscal deficits, this risk threshold could be reached earlier, and the long-term stability of the debt structure is facing more stringent market and policy tests.
Hyperliquid, a decentralized perpetual futures platform, experienced significant activity as $116 million in net inflows into bridged assets occurred within 24 hours. This surge reflects a notable increase in DeFi liquidity and user engagement on the platform, aligning with recent trends in real-world asset activity. Hyperliquid’s native token, HYPE, has been near $65, marking a significant growth trajectory with returns exceeding 1,800% since its launch in November 2024. The platform’s expansion, including partnerships like the upcoming launch with VALR for cross-asset perpetual contracts, has further solidified its competitive position in the market.
Advertisement
Key Takeaways Market activity suggests strong interest in Hyperliquid, consistent with pricing supportive of YES outcomes for reaching higher price targets. The recent net inflows may indicate increasing confidence in Hyperliquid’s growth potential and market positioning. Current market pricing implies a mixed outlook on Hyperliquid reaching specific price targets by the end of 2026. What to Watch Watch for further developments regarding Hyperliquid’s partnerships and volume, as these could impact price predictions. The upcoming launch with VALR and any new institutional engagements could significantly influence confidence in Hyperliquid’s price trajectory. Observers should also watch for any regulatory developments or shifts in market sentiment that could alter the current pricing landscape.
Get prediction market intelligence as a structured API feed. Early access waitlist.
What Price Will Hyperliquid Hit Before 2027
Contract Odds Δ since publish Volume 24h December 31 37.5% — — View market → January 1 2027 4.4% — — View market → January 1 2027 3.5% — — View market → January 1 2027 64.5% — — View market → January 1 2027 8.2% — — View market → January 1 2027 4.5% — — View market → Predictfun Fdv Above One Day After Launch
Contract Odds Δ since publish Volume 24h One day after launch 95.2% — — View market → One day after launch 86.5% — — View market → One day after launch 79.5% — — View market → One day after launch 77.5% — — View market → One day after launch 75.5% — — View market → January 1 2028 63.5% — — View market → January 1 2028 54% — — View market → January 1 2028 45.5% — — View market → January 1 2028 46.5% — — View market → January 1 2028 15.6% — — View market → January 1 2028 14.4% — — View market →
Aster saw limited price movement on Saturday, but renewed attention followed comments from analyst Crypto Patel, who expressed long-term bullish expectations for the token. In the past 24 hours, Aster’s price edged up by 0.57% to $0.6441. The project’s market capitalization stood at $1.73 billion, with a 24-hour spot trading volume of $50.92 million.
Monthly chart remains weakIn an assessment shared on July 4, 2026, Crypto Patel attributed the erosion of investor confidence in Aster primarily to the token’s weak monthly chart performance. According to Patel, throughout nearly ten months of trading data, Aster has repeatedly closed at lower levels, which has undermined faith in the project over time.
Crypto Patel noted that the prolonged series of lower monthly closes has harmed investor trust, but maintained that he would not be surprised to see Aster reach the $10–$20 range in the long term.
Despite this challenging price history, Patel still forecasts that Aster could eventually reach a price between $10 and $20, although he emphasizes this is a personal projection and not a guarantee. Some market participants echoed his view, adding that strong projects can rebound even after extended periods of weakness.
Derivative activity picks up momentumWhile spot price action has been subdued, derivative market data indicates growing interest around Aster. The total derivatives trading volume climbed by 10.55% to reach $105.01 million, suggesting that more investors are now closely monitoring the token.
Glossary: Open interest reflects the total number of outstanding contracts in the futures market that have not yet been closed. The funding rate is a periodic fee paid on perpetual futures contracts to balance long and short positions.
Open interest slipped by 0.45% to $360.40 million, which may signal that some leveraged positions were closed, though this did not translate into major selling pressure. The open interest-weighted funding rate remained in positive territory at 0.0090%, indicating that investors holding long positions paid a small premium to maintain their exposure.
IndicatorLatest ValuePrice$0.644124-hour change0.57% riseSpot trading volume$50.92 millionDerivatives trading volume$105.01 millionOpen interest$360.40 millionFunding rate0.0090%Market seeks directionAster’s near-term outlook appears neutral, with prices yet to break decisively in either direction. However, the uptick in trading volumes points to growing market interest. Taken together, the decline in open interest and a positive funding rate suggest the market is on the lookout for its next catalyst without excessive leverage buildup.
Rising trading volumes, lower open interest, and a positive funding rate all hint that the market may be preparing for its next major move, but this time without excessive risk-taking.
Looking ahead, if buyer demand persists, Aster may attempt to test higher resistance zones. On the other hand, if demand wanes or the broader crypto market weakens, the token could continue moving sideways until a clearer trend emerges.
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.
June delivered the worst month in the history of United States spot Bitcoin ETFs, with more than $4 billion pulled and 2026 flows turning negative for the first time. Over the same 2 weeks, the largest wallets on the network absorbed 270,000 BTC. One of these cohorts is going to be wrong, and the last 3 cycles say which one it usually is.
Summary
U.S. spot Bitcoin ETFs saw record June outflows, with more than $4 billion leaving as institutional risk appetite weakened. Whale wallets accumulated about 270,000 BTC worth $16.7 billion during the same period, signaling strong on-chain buying. The split suggests Bitcoin’s next move depends on whether ETF flows recover or macro pressure forces another leg lower. Two things happened in the Bitcoin market in the second half of June, and they cannot both be right.
The first happened in brokerage accounts. United States spot Bitcoin ETFs bled $4.06 billion in June, the worst calendar month since the products launched in January 2024, surpassing the previous record of $3.56 billion set in February 2025.
Depending on where the cutoff lands, some counts put the figure closer to $4.5 billion. The bleeding was not a single bad week: it followed a record 13-day outflow streak from mid-May that had already drained $4.37 billion, and by month-end the funds were net negative for 2026 as a whole, the first time cumulative yearly flows have gone red since the ETFs existed. The largest fund did most of the draining, shedding roughly $3.55 billion on its own.
The second happened on-chain. Over the final 2 weeks of that same stretch, wallets classified as whales accumulated more than 270,000 BTC, roughly $16.7 billion at prevailing prices, according to Bitfinex analysts. The buying happened while the spot premium, a gauge of how aggressively United States buyers are bidding, stayed negative, meaning the demand was not coming from American spot desks. Glassnode’s cohort data confirmed the shift from a second angle: long-term holders flipped back to net accumulation across wallet sizes at the start of July, even as the ETF prints stayed red.
$4 billion walked out one door while $16 billion walked in another. That is not noise. That is the two most-watched capital cohorts in this market taking opposite sides of the same trade at the same prices, and the resolution of that disagreement is the Bitcoin story for the rest of the year.
The month that broke the ETF narrative The scale of June’s institutional retreat deserves its own accounting, because the spot ETFs were supposed to be the structural bid that made this cycle different.
The pitch, repeated across 2 years of allocator decks, was that regulated wrappers would convert Bitcoin from a sentiment asset into an allocation, with sticky advisory money arriving in measured percentages and staying through drawdowns the way it stays in equity funds.
For most of 2024 and 2025, the pitch held: inflows compounded, the products swallowed multiples of new mined supply, and every dip met a wrapper-shaped bid. June was the first month that tested the sticky part of the story at scale, and the answer was unambiguous. Faced with a real macro shock, the allocation behaved exactly like every other risk allocation in the book, which is to say it left, on schedule, through the most liquid exit, without ceremony.
Price told the top-line story: Bitcoin fell from around $74,000 to near $58,000 across the month, touched 21-month lows, and closed a week below its 200-week moving average for the first time since 2023, a line that has historically marked deep cycle lows and long accumulation zones. Sentiment followed price into the basement, with the Fear and Greed Index pinned between 11 and 15, deep in extreme fear, through the back half of the month. Retail’s search behavior matched the mood: queries for Bitcoin going to 0 hit record highs earlier this year, and broader crypto search interest has only recently begun recovering from 1-year lows.
The flow mechanics beneath the price were the real damage. As crypto.news reported when the record was confirmed, the Coinbase Premium stayed negative through June, apparent demand stayed deeply negative, and ETF redemptions became the dominant driver of daily price action, averaging out to roughly $180 million to $200 million in net selling per trading day. When the products finally printed a green day on July 2, a $221 million inflow that ended a 10-day losing streak, the breadth told its own story: One fund took in $166 million while the largest fund was still bleeding $40 million on the day flows supposedly turned.
Three forces stacked up to produce the exodus. Macro did the heavy lifting: May inflation printed a hot 4.2%, the Federal Reserve spent June sounding restrictive, and institutional risk mandates de-allocate mechanically when real-rate expectations rise, without any view on Bitcoin specifically. Regulatory whiplash added a second layer, with the market structure fight in the Senate stalling and starting through the month, leaving custody and licensing frameworks unresolved for exactly the institutions the ETFs serve. And a third force was more mundane: competition for risk capital.
The SpaceX listing raised $75 billion in the middle of the drawdown, the largest liquidity event in market history, and some of the money that would otherwise have sat in crypto risk simply had somewhere more exciting to be, a dynamic that carried straight into the tokenized trading frenzy around the stock.
Whatever the weights on those three, the conclusion the flows describe is uniform: the marginal institutional holder of wrapped Bitcoin spent June getting out.
Inside the machine that sold The phrase ETF outflows compresses a mechanical process worth uncompressing, because the mechanics explain why the selling was so relentless and why it can reverse just as mechanically.
Spot Bitcoin ETFs do not hold sentiment; they hold coins against shares. When holders sell more shares than buyers absorb, authorized participants redeem the excess, the fund sheds Bitcoin, and the coins hit the market as programmatic supply. Through June, that redemption machine ran nearly every session, and the composition mattered as much as the total.
The largest fund was the epicenter, accounting for roughly $3.55 billion of the month’s bleed on its own, which reads less as 1,000 small investors leaving and more as a handful of very large allocators de-risking through the deepest door available. Smaller funds bled proportionally less, and when the streak finally broke on July 2, the breadth stayed poor: the $221 million net inflow decomposed into one rival fund absorbing $166 million while the flagship still lost $40 million.
A genuine flow regime change looks like several consecutive green days across the complex, led by the largest fund; one day of one fund catching a falling knife does not qualify, and desks that trade these flows professionally treat anything less than 3-5 confirming sessions as noise.
The forced-seller identity question has a partial answer in the parallel stress that ran through the corporate treasury complex during the same weeks. Strategy’s preferred shares sold off hard enough that Bitwise published a note framing the episode as a late-cycle leverage unwind, with over-extended structures deleveraging while institutions positioned to replace them as the marginal buyer. Miners added their own supply, with MARA’s reported $1.5 billion Bitcoin sale putting the biggest corporate mining treasury on the sell side just as ETF redemptions peaked.
Add the SpaceX raise vacuuming $75 billion of risk appetite out of the same investor base, and June’s selling resolves into something more specific than fear: a synchronized deleveraging across every wrapped, leveraged, and mandated form of Bitcoin exposure at once, while the unwrapped form of the asset quietly changed hands underneath.
That specificity matters for what comes next. Deleveraging events are finite by construction: forced sellers run out of the thing they are forced to sell.
Sentiment-driven bear markets can grind for years, but a leverage unwind ends when the leverage is gone, and several of June’s selling engines, the redemption streak, the preferred-share stress, the miner treasury sales, have visibly decelerated into July.
The buyers who showed up anyway Now the other side of the ledger, because it is bigger.
The 270,000 BTC that whale wallets absorbed in 2 weeks is not a normal accumulation print. It is more than the entire ETF complex sold in the month, absorbed in half the time, at prices between roughly $58,000 and $62,000. The negative spot premium during the buying window is the detail that locates the buyers: this demand was not United States spot desks and not the ETF creation mechanism. It was large holders, a category that spans exchanges, custodians, early-cycle capital, and entities that never touch a regulated wrapper, taking delivery while the wrapper crowd distributed.
Glassnode’s supply data adds the pain context that makes the accumulation more notable, not less. At the start of July, roughly 10.8 million BTC sat at an unrealized loss against 9.2 million in profit, a ratio that historically appears near capitulation zones, not near tops. Long-term holders turning to net accumulation into that kind of tape is the specific pattern that marked the depths of 2022 and the pre-ETF trough of 2023: the coins move from stressed hands to patient ones before any recovery shows up in price, and the transfer is only visible in hindsight to anyone watching price alone.
The whale cohort’s composition is admittedly opaque, and honest analysis says so. Wallets above 1,000 BTC are a crude proxy that includes exchange consolidation, custodial reshuffling, and over-the-counter settlement alongside genuine conviction buying. But the 2-week scale, the direction, and the corroboration from long-term holder metrics make the benign explanations hard to stretch across the whole print. Someone with size decided that sub-$60,000 Bitcoin was a purchase, at the exact moment the most regulated distribution channel in the asset’s history was running in reverse.
There is also a rotation story inside the accumulation. The buying coincided with capital moving toward on-chain yield and infrastructure rather than away from crypto entirely: tokenized real-world assets crossed $20 billion in on-chain value, and Solana, the strongest major through the drawdown, rose about 15% since early June with tokenized asset transfers on the network up 120% to $8.53 billion, extending the performance gap that has defined the L1 race all year. The pattern suggests large investors were not abandoning the asset class. They were leaving the most liquid, most scrutinized wrapper and taking positions closer to the metal.
10 straight days of $BTC ETF outflows, 35,980 BTC gone, yet price up 3% above $62.5k. Whales absorbing the sell pressure while retail panics. This is textbook accumulation. The discord saw this divergence early – link in bio pic.twitter.com/eeTNxp7vrS
— CT Anano (@CT_Anano) July 4, 2026 That rotation reframes what the ETF outflows even measure. The funds were sold to the world as the institutionalization of Bitcoin, and their flows became the market’s favorite proxy for smart money. June exposed the proxy’s limits: the wrapper tracks one specific investor type, the benchmark-constrained allocator, whose behavior is the most macro-sensitive and least conviction-driven in the entire holder base.
The actual institutional spectrum now runs from those allocators through corporate treasuries, miners, sovereign-adjacent funds, and on-chain natives, and in June those groups pointed in three different directions at once. Reading Bitcoin through ETF flows alone in this market is like reading equities through one mutual fund complex: informative, loud, and structurally incomplete.
What the divergence has meant before Splits between institutional flows and on-chain accumulation are rare enough to have a track record, and the track record leans one way.
The clearest precedent predates the ETFs: through late 2022 and 2023, while the Grayscale trust traded at a discount that made institutional sentiment look terminal, and every regulated access story was going backward, large wallets accumulated through the low $20,000s and teens. The buyers who tracked institutional sentiment missed the bottom; the ones who tracked coins on the move caught it.
February 2025 offered a smaller rehearsal of the current setup, with the then-record $3.56 billion ETF outflow month arriving alongside stubborn on-chain absorption, followed by recovery once the macro trigger faded. Bitfinex analysts framed June’s version explicitly in those terms: simultaneous institutional selling and whale accumulation is the pattern that has appeared near past cycle lows, where long-term holders take supply off sellers before the recovery reaches price.
The pattern’s logic is structural, not mystical. ETF flows are downstream of mandates, benchmarks, and quarterly reviews, which makes them systematically late in both directions: the wrapper crowd bought the top of the euphoria and is now selling the bottom of the fear, because that is what risk-managed allocation does. On-chain whales answer to no committee. When the two disagree, the disagreement itself is the signal, because it marks the moment coins transfer from mandate-driven hands to conviction-driven ones.
Retail sentiment data rounds out the historical picture from the contrarian side. Record-high searches for Bitcoin going to 0, extreme-fear readings pinned for weeks, and supply majority-underwater have each individually marked accumulation zones in prior cycles; their simultaneous appearance alongside documented whale absorption is the full bingo card. The caveat that keeps the pattern honest is that sentiment extremes date bottoms only in retrospect, and the same indicators flashed for months through late 2022 while price kept sliding. Fear confirms opportunity for buyers with time horizons measured in years. It punishes everyone else.
None of that makes the signal infallible, and the bear case deserves its full weight. A divergence is not a timing tool: whales were also early in 2022, absorbing supply months before the actual low, and anyone who leveraged the accumulation thesis got carried out before being proven right.
The macro trigger has not disarmed, either. The next inflation print is the live variable, and a hot number would reload the exact mechanism that drained $4 billion in June, since nothing about whale accumulation prevents mandate-driven funds from selling more. Bitwise’s read of the parallel stress in Strategy’s preferred shares, that the market is working through a late-cycle leverage unwind, cuts both ways: unwinds end at bottoms, but they end violently, and the last leg is usually the worst one.
Reading the whale cohort honestly The 1,000 BTC threshold that defines a whale wallet captures several very different animals, and the interpretation of the accumulation depends on which ones did the buying.
The most bullish reading assigns the coins to conviction capital: family offices, early holders reloading, sovereign-adjacent vehicles, and the class of buyer that accumulates through over-the-counter desks precisely to avoid moving the price. The negative spot premium through the buying window supports this reading, since it rules out the visible United States bid, and OTC accumulation into weakness is the classic signature of patient size.
The most boring reading assigns some of the movement to plumbing: exchanges consolidating cold storage, custodians migrating wallets, and settlement flows that inflate cohort statistics without expressing any view. The truth is a blend, and serious on-chain analysts hold the number loosely for exactly that reason.
Two cross-checks tilt the blend toward conviction. The first is the long-term holder metric, which is behavior-based instead of size-based: coins that have not moved in months turning into net accumulation is hard to generate with custodial reshuffling, and Glassnode flagged that shift across cohorts at the start of July. The second is the duration of the pattern. Wallet consolidation is lumpy and episodic; the June accumulation ran daily, through a 2-week window, against a falling price, which is the shape of a program, not a migration. Whoever was executing wanted more Bitcoin every day the price stayed under $62,000, and got it.
It is also worth noting who the whales are buying from, because supply has a face too. The ETF redemptions put a regulated, auditable seller on the tape every session. Miners under margin pressure added inventory. Short-term holders who bought the $70,000s capitulated at 21-month lows, the behavior that pushed over half the supply underwater. The full picture is a wealth transfer with unusually clean bookkeeping: from leveraged, mandated, and exhausted hands into large, unhurried ones, at prices the buyers evidently considered a discount.
The scenario map from $62,000 Divergences resolve, and this one has three plausible endings with watchable triggers.
The repair scenario is the historical base case. Macro softens, the July inflation print cooperates, ETF flows string together green sessions with breadth, and the price reclaims the 200-week average, converting June into another entry in the ledger of cycle lows that on-chain accumulation called early. The whales’ entry zone between $58,000 and $62,000 becomes the level the market defends, because the buyers who own it have shown they defend it. Confirmation looks like the flagship fund flipping to inflows and $62,500 breaking on volume.
The chop scenario is the underpriced one. Inflation stays sticky without spiking, the Fed stays parked, and the market grinds sideways for a quarter while ETF flows oscillate around 0. Whale accumulation in this world is early rather than wrong, the 2022 pattern, where large wallets absorbed supply for months before price agreed with them. The tell is time: patient capital does not mind, leveraged capital dies, and funding rates across the perpetuals complex show which cohort is being tested week by week.
The break scenario is the one the bears own. A hot CPI reloads the redemption machine, the 200-week average rejects the recovery, and $58,000 fails, opening the trapdoor toward the low $50,000s that technicians have flagged since the June breakdown. Even then, the divergence data offers the bears only half a victory: it would mean the whales were early again, not that the transfer did not happen, and every prior cycle says the coins that moved in June do not come back out at these levels regardless of what the next quarter’s candles look like.
There is one more asymmetry the bulls gloss over: the two cohorts do not experience being wrong the same way. If the whales are early, they wait, unleveraged and unbothered, the way they waited through 2022. If the ETF sellers are wrong, they will buy back in at higher prices, book the round trip as risk management, and their investors will barely notice. The divergence is a strong signal about where coins are going and a weak one about when price follows, and conflating those two claims is how retail traders turn a sound accumulation thesis into a liquidation.
The tape since the split The first days of July have started scoring the disagreement, gently, in the whales’ favor. Fed chair Kevin Warsh acknowledged at the Sintra forum that inflation expectations had come down, and Bitcoin jumped more than 4% through $61,000 on the repricing of rate-hike risk. Two days later, a soft jobs report, 57,000 payrolls against expectations near 100,000 with 74,000 in downward revisions, extended the move, and Bitcoin printed $62,310 on Friday, its strongest level in 10 days, while equities set records and the ETF complex managed its first inflow in 2 weeks.
The checkpoints from here are unusually clean. Flows first: One $221 million day against a month of $4 billion proves nothing, and systematic desks want several consecutive green sessions with breadth across funds, including the largest one, before treating the reversal as a regime change rather than a bounce. Price second: $62,500 is the resistance the whole market is watching, and the 200-week average overhead is the structural line that separates a reclaimed cycle from a broken one. Macro third: the next CPI print either confirms Warsh’s softening or reloads the outflow machine.
And underneath all three sits the quieter metric that started this story: whether the coins keep moving to hands that do not sell on committee schedules. The divergence will close one way or the other, because it always does. Either the ETF sellers return as buyers at higher prices, which is how every prior version of this split resolved, or the whales have mistimed a macro regime that mandate money saw first, which would be a first. $16 billion in 2 weeks says the largest holders in the market have already placed their answer. The exit Wall Street used in June is still open. It is just worth noticing who was standing on the other side of it, catching everything that came through.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Digital asset markets are volatile, and you can lose your entire investment. Always do your own research. Information current as of July 4, 2026.
The United States national debt has crossed $39 trillion. Not as a projection, not as a worst-case scenario, but as a current fact recorded by the US Treasury.
By mid-May 2026, gross national debt stood at approximately $39.01 trillion, having added more than $1 trillion since October 2025 alone. At the current pace of roughly $5 billion per day, the $40 trillion threshold is on track to arrive around September 2026.
The debt-to-GDP ratio now sits at approximately 123%, meaning the country owes significantly more than it produces in an entire year.
How the math gets ugly fast The annual deficit is approaching $2 trillion, which means the government is borrowing around $2 trillion every year just to cover the gap between what it spends and what it collects in taxes.
Net interest costs are projected to represent around 14% of all federal outlays in fiscal year 2026, a share that is on track to surpass what the government spends on education, infrastructure, and research combined.
Advertisement
Debt held by the public, a narrower measure that excludes intragovernmental holdings, has exceeded $31 trillion for the first time. That number matters because it represents real borrowing from real buyers, including foreign governments, pension funds, and, increasingly, stablecoin issuers.
The crypto connection is more direct than it looks Major stablecoin issuers hold substantial quantities of US Treasury securities as backing for their tokens. That creates a structural link between the health of the Treasury market and the stability of dollar-pegged crypto assets. If Treasury yields spike or demand for US debt softens, stablecoin issuers face pressure on the assets underpinning their products.
It works in both directions. A disruption in stablecoin markets could ripple back into Treasury demand at a moment when the government needs buyers more than ever.
The concept of a US Strategic Bitcoin Reserve has moved from fringe talking point to policy discussion inside Washington over the past year. The logic is straightforward: if the dollar’s long-term purchasing power is in question, holding a provably scarce asset starts to look less eccentric and more prudent.
Analyses from late 2025 into early 2026 suggest increasing adoption of Bitcoin as a reserve asset is directly linked to rising debt concerns, as larger players seek alternatives to sovereign debt that has historically been considered risk-free.
What investors should actually watch For crypto markets specifically, three things are worth tracking. First, Treasury auction demand. Weak demand at Treasury auctions pushes yields higher, raises borrowing costs, and increases the pressure on stablecoin reserves, which could trigger volatility across crypto markets with little warning.
Second, the debt ceiling. Congress will eventually face another fight over the statutory borrowing limit. Those standoffs have historically produced short-term volatility in both equities and crypto, as markets price in the tail risk of a technical default.
Third, the Bitcoin reserve conversation in Washington. If any formal policy action moves forward on holding Bitcoin at the federal level, even a modest one, it would represent a structural demand signal unlike anything the market has previously priced.
The historical irony worth noting: US debt began as a deliberate strategy. Alexander Hamilton’s 1790 consolidation of Revolutionary War debts was designed to establish American creditworthiness and attract capital. At 123% of GDP and climbing, the feature has become considerably more complicated to defend.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
A massive pile of data stolen from millions of people’s devices has just been added to a major breach database.
The dataset contains 56 million unique email addresses and 124 million unique passwords across hundreds of millions of records, collected from various infostealer malware sources.
Individuals can check if their email appears in the records on Have I Been Pwned to see if they are affected.
The passwords from the collection have also been added to Have I Been Pwned’s searchable password database.
Users can search specific passwords on the site to check if they have been hacked, but the actual passwords are not shown when searching by email.
This aggregated update of compromised credentials underscores the constant threat of malware attacks.
Users are strongly advised to change passwords immediately on every affected account and enable two-factor authentication wherever supported.
On Friday, the 3rd of July, Bitcoin [BTC] managed to challenge the $63K-level but was unable to surpass it. The bounce from $58.5K at the start of the month appeared set to continue.
According to AMBCrypto, overleveraged short positions were caught off-guard by this move. For Bitcoin alone, $143 million in short liquidations have been recorded so far this month.
The heavy spot ETF outflows indicated that most weak hands may have left the market, and the recent move may be a bullish reversal rather than just a short squeeze.
Overhead BTC supply caps any recovery effort Source: BTC/USDT on TradingView The 4-hour chart revealed a bearish price structure for BTC at press time.
A bounce to $65.2K may be possible though, according to the Fibonacci retracement levels.
Source: Glassnode Zooming out, the Cost Basis Distribution chart highlighted the $64K and $67K levels as the immediate clusters where a sizeable amount of BTC was acquired. The $72.3K and $77.2K-levels also had significant supply.
This suggested that in the scenario of a significant bounce, underwater holders who acquired Bitcoin at these price levels can look to exit the market at breakeven. Large waves of selling would impact short-term upward momentum.
Signs of major Bitcoin volatility ahead Source: Glassnode The long-term holder MVRV compares the current market price to the aggregate cost basis of holders who have held their BTC for 155 days or more. When this long-term holder cohort’s MVRV falls below 1, it means that even these market participants, on average, may be in unprofitable positions.
Deep price corrections and LTH despair have come about in every Bitcoin cycle so far. And yet, in 2026, the LTH MVRV is yet to go below 1. It had a reading of 1.26, at the time of writing.
In a CryptoQuant Insights post, XWIN Japan drew attention to the sharp hike in BTC inflows to exchanges towards the end of June. This trend was true for Ethereum and across the altcoin sector too.
Major inflows signal capital flowing across the entire crypto sector and not just a few select assets.
Source: CryptoQuant Deeply negative ETF flows, falling apparent demand, and factors such as the negative Coinbase Premium Index hinted at a lack of buying pressure in the market.
If liquidity conditions are factored in too, a decisive price move could soon be arriving.
Final Summary Bitcoin’s price structure was bearish, and a bounce to $65K-$67K may be possible in the short-term. Long-term market bottoms tend to be marked by capitulation, and a decisive price move could be looming.