Crypto entrepreneurs Tyler and Cameron Winklevoss have donated over $10 million from the sale of Bitcoin to the US political action committee MAGA Inc., which supports President Donald Trump. Public filings from Tuesday show that each twin, who co-founded the crypto exchange Gemini, contributed more than $5 million to the Super PAC.
Gemini founders increase political engagementThe latest donation follows their previous contribution of 30.94 Bitcoin—worth over $2 million at the time—to President Trump’s campaign earlier in 2024. At the time, they stated that this move aimed to help end what they described as the Biden Administration’s “war on crypto.”
Regulatory scrutiny increased during President Joe Biden’s term, with multiple agencies intensifying enforcement actions against cryptocurrency companies, including Gemini. However, after Trump took office, several lawsuits against these firms, reportedly including Gemini, were dropped.
The US Commodity Futures Trading Commission recently requested a judge to vacate a $5 million penalty imposed on Gemini, further reflecting the shifting regulatory environment.
MAGA Inc. has reportedly raised more than $400 million in new funds ahead of the upcoming November midterm elections, positioning it as a significant force among US Super PACs.
DonorAmount (USD)RecipientTyler Winklevoss$5 million+MAGA Inc.Cameron Winklevoss$5 million+MAGA Inc.Mini dictionary: MAGA Inc. is a political action committee that channels financial support in favor of President Donald Trump and related conservative candidates during US elections.
The Winklevoss twins: Early Bitcoin backers and Gemini foundersTyler and Cameron Winklevoss emerged as prominent figures in the crypto industry after their legal dispute with Facebook’s Mark Zuckerberg. Since founding Gemini in 2014, they have played a key role in expanding cryptocurrency adoption and have often been regarded as major Bitcoin holders.
Throughout the years, the twins have publicly supported Donald Trump’s approach to cryptocurrency policy, stating that his pro-Bitcoin and pro-business agenda is vital for the future of the industry in the US. Tyler Winklevoss in particular stressed the need for a political transition to secure an environment favorable to innovation and economic growth.
Tyler Winklevoss stated in 2024 that President Donald J. Trump is “the pro-Bitcoin, pro-crypto, and pro-business choice,” and argued that this assessment is not open for debate. He further described any alternative viewpoint as misinformed or untruthful.
Observers in the crypto space have long speculated that Tyler and Cameron Winklevoss are among the largest individual holders of Bitcoin.
Gemini’s 2024 performance and market challengesIn May, shares of Gemini rose by more than 20% in after-hours trading following the twins’ announcement of a $100 million Bitcoin-funded investment in the company. The same quarter, Gemini reported a 42% increase in year-over-year revenue and managed to narrow its net loss to $109 million.
Despite these positive developments, Gemini faced difficulties over the past year, including falling trading volumes as Bitcoin prices retreated from their October highs. The company also navigated internal challenges such as staffing reductions, executive departures, legal disputes among shareholders, and a share price decline exceeding 89% from the IPO peak.
Some of these struggles were partially mitigated after Gemini obtained a CFTC derivatives license in April, allowing for expanded trading offerings amid an evolving US regulatory framework.
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.
After Bitcoin surged above $66,000, reaching its highest level in the past month, analysts noted that the $68,000 level could be a critical resistance point. According to experts, Bitcoin testing this region for the first time could create significant selling pressure as investors nearing their cost basis begin to sell.
Spot Bitcoin ETFs traded in the US recorded net inflows of $203 million yesterday, extending their positive streak for the sixth consecutive trading day. This brings the total net inflow since July 13 to approximately $779 million. Spot Ethereum ETFs also saw inflows of $37.5 million on the same day, marking a third consecutive day of positive trading.
Bitfinex analysts stated that the next significant level for Bitcoin is $68,000. They noted that this region coincides with the average cost level for short-term investors and the opening price of the second quarter. According to the analysts, investors who bought Bitcoin in the last five months and are still at a loss may choose to sell as the price rises back to their cost levels. Therefore, a strong supply is likely to be encountered during the first test of $68,000.
Vetle Lunde, Head of Research at K33, stated that Bitcoin trading volumes continue to remain seasonally low. According to Lunde’s data, as of July 19th, the 30-day spot trading volume was only 62.4% of the annual average.
Institutional investor activity in the futures market also remains weak. Bitcoin open interest on the CME stayed below 100,000 BTC throughout July, reaching its lowest level since October 2023. This indicates that institutional participation has not yet recovered strongly. While ETF inflows improved during the same period, flows were largely driven by BlackRock’s IBIT fund.
CapitalCom analyst Daniela Hathorn considers the $63,000 level a significant support point in the short term. According to Hathorn, if Bitcoin remains above this level and settles back above the $65,000-$66,000 range, it could strengthen the upward momentum. Conversely, a loss of the $63,000 support could lead to increased profit-taking by investors, creating renewed pressure on the price.
*This is not investment advice.
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The world of tech has long been the Wild West of innovation, but recent data about off-balance-sheet debts in AI infrastructure investments suggests the saloon doors are swinging a bit too wildly. A recent study by Nikkei unveils the hidden financial risks lurking in the books of major U.S. tech players. And spoiler alert: it looks like a blockbuster thriller with a plot twist nobody saw coming.
As of July 2026, five leading tech companies have amassed approximately $1.65 trillion in off-balance-sheet liabilities. In English, that means they owe more money than they’ve publicly admitted, and it dwarfs their on-balance-sheet debts of about $1.35 trillion. Think of it like discovering your favorite restaurant has a secret back room filled with IOUs.
The details So, what’s causing this mountain of hidden debt? It primarily stems from hefty investments in AI data centers. Picture the tech industry’s version of the gold rush, with companies investing in AI infrastructure like it’s the second coming of sliced bread. But these ambitious pursuits come with financial engineering that hides debt in places typical balance sheets don’t reveal.
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Meta Platforms, Inc., formerly known as Facebook, is a case in point. The company’s off-balance-sheet liabilities have ballooned to about $420 billion, nearly three times its stated liabilities. These figures are mostly tied to investments in AI via private credit structures and special purpose vehicles, which are just fancy ways of saying ‘financial mazes.’
Meanwhile, Bitcoin miners such as Cango and TeraWulf are pivoting to AI, selling off portions of their Bitcoin holdings to fund their transformation into AI-driven computing hubs. Cango, for instance, unloaded 4,451 BTC in February 2026, essentially changing lanes on the information superhighway without quite knowing if the bridge is finished.
Background Historically, tech companies have played with their financials like a kid with a new set of LEGO bricks—constructing, deconstructing, and rebuilding visions of what could be. However, the AI-driven future is demanding investments at a scale that even these giants haven’t dealt with before. Offloading debt while stacking up on unseen liabilities is not entirely new, but the degree to which it’s happening now is what’s troubling experts.
As the projected annual debt issuance for AI infrastructure races towards an eye-watering $570 billion, this reveals not just a thirst for advancement but a potential Achilles’ heel for these otherwise impervious titans.
What this means for investors For investors, this sudden spotlight on massive hidden liabilities is akin to hearing a loud creak in a supposedly unsinkable ship. Confidence might be shaken, and rightfully so. If the anticipated demand for AI capabilities stumbles, the financial recoil could be damaging, affecting stock valuations and triggering broader credit market disruptions.
The cryptocurrency market isn’t immune either. Bitcoin miners shifting gears towards AI infrastructure is a powerful indicator of how tech trends can tilt entire segments of the market. But while the integration of AI and crypto might read as the perfect match, the financial strains could tip this venture towards instability. If miners continue to sell off Bitcoin to service debt and retrofit operations, Bitcoin’s price could face increased bouts of volatility, a rollercoaster ride none of us signed up for.
The crux of the matter is clear: tech and crypto investors need to keep a watchful eye on these hidden debts, as they might just be the canaries in the coal mine heralding larger economic shifts in the landscape of modern technology.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ostium, an Arbitrum-based platform specializing in perpetuals, is set to resume operations on July 23 following a significant security breach. The platform had paused its services after a $23.8 million exploit impacted its liquidity-provider vault on July 15. Ostium has assured that market participants’ margins and open positions were unaffected and will be reinstated at the prevailing market prices upon reopening. This move marks Ostium’s transition from addressing the security breach back to regular operations, after dealing with an oracle and off-chain infrastructure compromise.
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Key Takeaways Ostium’s reopening appears to be consistent with restoring confidence in its platform, following assurances on market positions. Market pricing suggests a cautious sentiment; while the Bitcoin market remains mostly stable, uncertainties surrounding Ostium’s reopening could affect short-term sentiment. The exploit incident may indicate potential vulnerabilities in similar platforms, prompting increased scrutiny and security measures across the industry. What to Watch Market participants will observe how Ostium’s reopening influences overall market sentiment, especially in relation to Bitcoin’s price stability. The current odds suggest strong support for Bitcoin maintaining levels above $54,000 by July 23, but any renewed concerns could impact these probabilities. Close attention will be paid to any announcements from key figures such as U.S. Spot BTC ETF Managers and regulatory bodies which could sway market dynamics further.
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Term Structure
Contract Odds Δ since publish Volume 24h July 23 2026 99.9% — — View market → July 23 2026 99.8% — — View market → July 23 2026 94.5% — — View market → July 23 2026 2.6% — — View market → July 23 2026 0.1% — — View market → July 23 2026 99.9% — — View market → July 23 2026 99.9% — — View market → July 23 2026 99.6% — — View market → July 23 2026 40.5% — — View market → July 23 2026 0.2% — — View market → July 23 2026 0.1% — — View market →
In brief Bitcoin is trading at $66,208 after the daily 200 EMA held as a floor following a crash to the $53K–$54K range. The death cross—50 EMA below 200 EMA—is still active on the daily chart. On Myriad, 64.6% of traders bet Bitcoin hits $55K before $84K—consistent with the technical picture and a 900-hour negative Coinbase Premium streak. The crypto market has been watching Bitcoin very carefully this week, and for once, what it found on the chart was at least partly reassuring.
Bitcoin has clawed back to $66,347 as of Wednesday afternoon after testing lows near $58,000 in recent weeks. The 200-period exponential moving average held as support and the so-called death cross on the chart that traders have been watching seems to be getting just a bit thinner, sparking hopes of a crossover into a golden cross in the upcoming months.
The macro backdrop, however, isn't helping clarity.
U.S. stocks opened with a mixed bag on Wednesday as investors braced for major tech earnings from Alphabet and Tesla. The S&P 500 dipped 0.16% at the bell while the Nasdaq fell 0.56%, as caution built across Wall Street ahead of the AI-spending results that could define the market's next move. The Crypto Fear & Greed Index sits at 33—cautious, not panicked, which is its own kind of impasse.
Two forces are pulling Bitcoin in opposite directions right now. On the bullish side, Treasury Secretary Scott Bessent told lawmakers the Clarity Act is at the "1-yard line"—the long-stalled crypto market structure bill that would resolve the SEC vs. CFTC jurisdiction fight—and urged Congress to pass it before the August 7 recess.
On the bearish side, the Coinbase Premium Index—which tracks whether U.S. institutional buyers are paying a premium over global retail prices—has been negative since May. As Decrypt reported last week, Daniela Hathorn, senior market analyst at Capital.com, reads that kind of persistent institutional caution as "a broader bout of risk aversion rather than a deterioration in crypto-specific fundamentals." Macro-driven, in other words. Not panic. But also not buyers.
Bitcoin price: The 200 EMA earned its keep
Bitcoin's daily candle on July 22 opened at $66,520, hit a high of $66,698, dipped to $65,488, and is printing near $66,208—down 0.47% on the day. The 24-hour range is tight, but a strong support around the $65,000 held strong.
The coin bounced near that area to its current prices.
Bitcoin price data. Image: TradingviewThe EMA is a moving average that weighs recent prices more heavily. The 200-day version is basically the big-picture trend. When Bitcoin crashes toward this line and buyers step in, it tells you there's real demand at that floor. That's what happened here. The 200 EMA held, and Bitcoin recovered. For long-term holders who were watching the chart go vertical-down, that's a signal to consider.
But the EMA structure is still structurally bearish. The chart shows the 50-day EMA sitting below the 200-day EMA—the formation traders call a death cross. A death cross means the shorter-term average trend is weaker than the longer-term trend. Another way to put it is long-term holders are losing more money than shorter-term holders, because they bought the asset earlier at higher prices.
The Average Directional Index, or ADX, is at 19.5. ADX measures the strength of a trend on a scale of 0 to 100—it says nothing about direction, only conviction. Readings below 25 are typically classified as "no trend" territory. At 19.5, Bitcoin is firmly in that zone. There's movement, but no momentum. But this is actually not bad news for traders: Considering the coin is in a bearish trend, a low ADX means the crash is losing strength.
The RSI at 59.9 is the clearest positive signal on the dashboard. The Relative Strength Index measures buying momentum from 0 to 100. Below 30 is oversold; above 70 is overbought. At 59.9, Bitcoin is in bullish territory—above the neutral 50 line—without being stretched enough to trigger automatic selling by momentum traders. There's still room to run before the chart starts flashing red on the upside.
On Myriad, the prediction market built by Decrypt's parent company Dastan, traders are drawing a precise line for this Sunday. The market prices just 19% odds that Bitcoin clears $68,000 by July 26 at 4PM UTC. The $66,000 market is basically a coin flip, with traders leaning slightly bullish at 55%. Traders, at least right now, think the current range holds. That tracks with the low-ADX, squeeze-forming technical picture: something is coming, but maybe not by this weekend.
On the longer-term Bitcoin market on Myriad,, the picture is still skeptical with traders pricing in 64.6% odds on a dump to $55K before a pump to $84K. That's a meaningful majority calling the bear case. It's consistent with the negative Coinbase Premium, the death cross still printing on the daily, and the weak ADX reading that says this rally hasn't earned conviction yet.
The bullish argument rests on three things: the 200 EMA held its support, RSI is above 50 with room to run, and the Clarity Act is closer to becoming law than at any point this year.
A favorable Senate vote could be the catalyst that finally breaks Bitcoin with enough momentum to trigger a short-liquidation cascade toward $70,000. Bernstein analysts still have a $150K year-end target in play, acknowledging the current level is "ambitious in context of the market correction" but maintaining the thesis.
The bearish argument has more technical weight right now. The death cross is still active. ADX at 19.5 means no real trend momentum is behind this bounce. Nine hundred-plus hours of negative Coinbase Premium signals institutions aren't accumulating. And the squeeze, statistically, may resolve in the direction of the prior trend—which is down.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Bitcoin is trading at $66,208 after the daily 200 EMA held as a floor following a crash to the $53K–$54K range. The death cross—50 EMA below 200 EMA—is still active on the daily chart. On Myriad, 64.6% of traders bet Bitcoin hits $55K before $84K—consistent with the technical picture and a 900-hour negative Coinbase Premium streak. The crypto market has been watching Bitcoin very carefully this week, and for once, what it found on the chart was at least partly reassuring.
Bitcoin has clawed back to $66,347 as of Wednesday afternoon after testing lows near $58,000 in recent weeks. The 200-period exponential moving average held as support and the so-called death cross on the chart that traders have been watching seems to be getting just a bit thinner, sparking hopes of a crossover into a golden cross in the upcoming months.
The macro backdrop, however, isn't helping clarity.
U.S. stocks opened with a mixed bag on Wednesday as investors braced for major tech earnings from Alphabet and Tesla. The S&P 500 dipped 0.16% at the bell while the Nasdaq fell 0.56%, as caution built across Wall Street ahead of the AI-spending results that could define the market's next move. The Crypto Fear & Greed Index sits at 33—cautious, not panicked, which is its own kind of impasse.
Two forces are pulling Bitcoin in opposite directions right now. On the bullish side, Treasury Secretary Scott Bessent told lawmakers the Clarity Act is at the "1-yard line"—the long-stalled crypto market structure bill that would resolve the SEC vs. CFTC jurisdiction fight—and urged Congress to pass it before the August 7 recess.
On the bearish side, the Coinbase Premium Index—which tracks whether U.S. institutional buyers are paying a premium over global retail prices—has been negative since May. As Decrypt reported last week, Daniela Hathorn, senior market analyst at Capital.com, reads that kind of persistent institutional caution as "a broader bout of risk aversion rather than a deterioration in crypto-specific fundamentals." Macro-driven, in other words. Not panic. But also not buyers.
Bitcoin price: The 200 EMA earned its keep
Bitcoin's daily candle on July 22 opened at $66,520, hit a high of $66,698, dipped to $65,488, and is printing near $66,208—down 0.47% on the day. The 24-hour range is tight, but a strong support around the $65,000 held strong.
The coin bounced near that area to its current prices.
Bitcoin price data. Image: TradingviewThe EMA is a moving average that weighs recent prices more heavily. The 200-day version is basically the big-picture trend. When Bitcoin crashes toward this line and buyers step in, it tells you there's real demand at that floor. That's what happened here. The 200 EMA held, and Bitcoin recovered. For long-term holders who were watching the chart go vertical-down, that's a signal to consider.
But the EMA structure is still structurally bearish. The chart shows the 50-day EMA sitting below the 200-day EMA—the formation traders call a death cross. A death cross means the shorter-term average trend is weaker than the longer-term trend. Another way to put it is long-term holders are losing more money than shorter-term holders, because they bought the asset earlier at higher prices.
The Average Directional Index, or ADX, is at 19.5. ADX measures the strength of a trend on a scale of 0 to 100—it says nothing about direction, only conviction. Readings below 25 are typically classified as "no trend" territory. At 19.5, Bitcoin is firmly in that zone. There's movement, but no momentum. But this is actually not bad news for traders: Considering the coin is in a bearish trend, a low ADX means the crash is losing strength.
The RSI at 59.9 is the clearest positive signal on the dashboard. The Relative Strength Index measures buying momentum from 0 to 100. Below 30 is oversold; above 70 is overbought. At 59.9, Bitcoin is in bullish territory—above the neutral 50 line—without being stretched enough to trigger automatic selling by momentum traders. There's still room to run before the chart starts flashing red on the upside.
On Myriad, the prediction market built by Decrypt's parent company Dastan, traders are drawing a precise line for this Sunday. The market prices just 19% odds that Bitcoin clears $68,000 by July 26 at 4PM UTC. The $66,000 market is basically a coin flip, with traders leaning slightly bullish at 55%. Traders, at least right now, think the current range holds. That tracks with the low-ADX, squeeze-forming technical picture: something is coming, but maybe not by this weekend.
On the longer-term Bitcoin market on Myriad,, the picture is still skeptical with traders pricing in 64.6% odds on a dump to $55K before a pump to $84K. That's a meaningful majority calling the bear case. It's consistent with the negative Coinbase Premium, the death cross still printing on the daily, and the weak ADX reading that says this rally hasn't earned conviction yet.
The bullish argument rests on three things: the 200 EMA held its support, RSI is above 50 with room to run, and the Clarity Act is closer to becoming law than at any point this year.
A favorable Senate vote could be the catalyst that finally breaks Bitcoin with enough momentum to trigger a short-liquidation cascade toward $70,000. Bernstein analysts still have a $150K year-end target in play, acknowledging the current level is "ambitious in context of the market correction" but maintaining the thesis.
The bearish argument has more technical weight right now. The death cross is still active. ADX at 19.5 means no real trend momentum is behind this bounce. Nine hundred-plus hours of negative Coinbase Premium signals institutions aren't accumulating. And the squeeze, statistically, may resolve in the direction of the prior trend—which is down.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
The U.S. Senate is reviewing updated legislation that would prohibit presidents and other federal officials from issuing or sponsoring cryptocurrencies and digital assets. This legislative move is part of the CLARITY Act, aimed at introducing ethical guidelines for federal officials’ involvement in the crypto market. The provision seeks to prevent conflicts of interest and ensure that policymakers’ financial interests do not influence their regulatory decisions. This bill is part of a broader initiative to integrate anti-corruption measures into crypto regulation, reflecting a shift in Congressional focus from solely market structure and disclosure to include ethics and conduct.
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This legislative development has had a notable impact on prediction markets, particularly those speculating on the future price of Bitcoin. Current market pricing suggests a decrease in optimism regarding Bitcoin reaching $200,000 by the end of 2026. The potential for increased regulatory scrutiny and uncertainty appears to weigh on market sentiment, with a range of active sub-markets reflecting low confidence in high price targets for Bitcoin.
Key Takeaways The proposed legislation appears to introduce new ethical guidelines for federal officials, consistent with a decrease in bitcoin optimism. Market pricing suggests that the regulatory uncertainty could impact Bitcoin’s price trajectory, with lower probabilities assigned to high-end price targets. The CLARITY Act’s integration of ethics into crypto regulation indicates a broader regulatory shift in the U.S. Congress. What to Watch The Senate’s decision on the CLARITY Act will be a key indicator of future regulatory landscapes. Should the bill pass, it may further solidify market perceptions of increased oversight in the crypto space, potentially affecting Bitcoin’s price trajectory. Watch for statements from key political figures such as President Trump and Senate Banking Committee members, which could provide additional direction on the likelihood of the bill’s passage and its implications for the crypto market.
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What Price Will Bitcoin Hit Before 2027
Contract Odds Δ since publish Volume 24h December 31 2.1% — — View market → December 31 2.2% — — View market → December 31 2.9% — — View market → December 31 3.7% — — View market → December 31 5.5% — — View market → January 1 2027 10.5% — — View market → January 1 2027 20.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 2.4% — — View market → January 1 2027 2.1% — — View market → January 1 2027 3.3% — — View market → January 1 2027 4.1% — — View market → January 1 2027 6.5% — — View market → January 1 2027 43.5% — — View market → January 1 2027 10% — — View market → January 1 2027 1.4% — — View market → January 1 2027 2.1% — — View market → January 1 2027 29.5% — — View market → January 1 2027 15.5% — — View market → January 1 2027 8.5% — — View market → January 1 2027 5% — — View market → January 1 2027 1.9% — — View market → January 1 2027 1.9% — — View market → January 1 2027 1.4% — — View market → January 1 2027 0.9% — — View market → January 1 2027 15.5% — — View market → January 1 2027 23.5% — — View market → January 1 2027 32.5% — — View market → January 1 2027 60.5% — — View market → January 1 2027 77.5% — — View market → Clarity Act Signed Into Law In 2026
Contract Odds Δ since publish Volume 24h December 31 35.5% — — View market → When Will Bitcoin Hit 150k
Contract Odds Δ since publish Volume 24h December 31, 2026 3.8% — — View market →
Bitcoin [BTC] spot ETF net flows have measured a cumulative $930.39 million since July 14. Data from SoSoValue showed that the BTC spot ETFs have seen net inflows since the 14th of the month.
It was the first time since May that the inflows streak was maintained for over five successive days.
Pessimism reigns supreme despite ETF flow shift Technical indicators flashed a long-term buy signal for Bitcoin. Yet, liquidity posed a serious challenge to any attempt at recovery, AMBCrypto reported.
A price breakout without fresh liquidity in the form of stablecoin netflows was not indicative of a macro bottom for BTC.
Source: CryptoQuant Crypto analyst Darkfost observed that the Coinbase Premium Gap has been negative since the 6th of May. This represented the highest level of pessimism in two years.
Coinbase premium refers to the difference in Bitcoin prices between Coinbase Advanced, where institutions and professionals trade, and Binance, which is retail-dominated.
A negative trend implies steady selling pressure from smart money, despite the attempted rallies toward $70k over the past month.
The analyst concluded that investors would choose to limit risk when macroeconomic or geopolitical factors were unstable, as they have been in recent months.
Leverage is gradually leaving the Bitcoin market The price of Bitcoin has gradually been rising since July 1, when the price reached a swing low of $57,800. The gains since then have been accompanied by a decline in realized volatility.
Source: Axel Adler Jr. Crypto analyst Axel Adler Jr. used the 1-week realized volatility, smoothed by the 30DMA, compared to Bitcoin’s price and its 200DMA.
Since 2016, 92% of trading days have seen higher realized volatility than the current levels.
The falling realized volatility alongside rising prices meant that the most recent price bounce came without any sharp price swings.
Source: Axel Adler Jr. The Open Interest to market capitalization ratio measures if the derivatives share is rising or falling compared to price trends. It shifted negatively in early July and has been negative for 21 consecutive days.
The decline suggests derivatives leverage has continued falling even as Bitcoin recovered, reducing the immediate risk of a large liquidation-driven move. Compared to a month ago, the threat of a liquidation cascade was lower due to these factors.
The analyst concluded that the market is in a low-activity phase. A sustained price move beyond $66k-$72k, alongside further derivatives reduction, is needed to give a major signal of market recovery.
Final Summary Bitcoin ETF inflows were improving, and its realized volatility was falling. The derivatives leverage was in decline as prices advanced higher, but a breach of $66k-$72k is needed to majorly reduce the threat of further bearishness in the long-term.
A new cryptocurrency index from S&P Dow Jones Indices and Pantera Capital is taking a distinctly Wall Street approach to digital assets—and that means leaving Bitcoin (CRYPTO: BTC) out.
Cathy Clay, CEO of S&P Dow Jones Indices, told CNBC on Wednesday that the company is applying the same broad principles used in its equity benchmarks to digital assets. Operating history, revenue generation, liquidity and listing status are some key criteria for index inclusion.
Why Didn’t Bitcoin Make The Cut?While Bitcoin met many of the index’s broader eligibility standards, Clay said it is not considered a revenue-generating protocol.
XRP (CRYPTO: XRP), another major cryptocurrency by market capitalization, also did not make the index, likely for the same reason, although Clay did not explicitly address its exclusion.
The benchmark focuses on networks that earn fees or other revenue through actual protocol usage.
Clay distinguished those economics from yield-bearing investments, saying the selected protocols generate utility-driven revenue from users interacting with their networks.
S&P developed the methodology alongside Pantera, one of the longest-running digital-asset investment firms, with data provided by blockchain analytics platform Artemis. The largest constituent cannot exceed 35% of the benchmark, while no other individual token can represent more than 20%.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
XRP (CRYPTO: XRP) whale selling on Binance hit its lowest level since January 2025, a sign the heaviest sellers are stepping back as yesterday’s triangle breakout holds.
What The Whale Data Is Showing?Crypto analyst Darkfost tracked XRP whale inflows to Binance falling from a peak of 583 million XRP worth roughly $1.36 billion down to just 25.3 million XRP worth around $23 million, according to his X post.
The 90-day average confirms the same trend, sliding from $460 million in January 2025 to $69 million today.
Darkfost called this the first essential stage of a recovery — the largest sellers are running out of steam.
What comes next is the harder part: a genuine return of buying demand to turn the price consolidation around $1 into something more durable.
XRP ETFs Show Broadening Institutional ParticipationMoreover, total XRP ETF net assets pushed through $1.06 billion across the two sessions according to SoSoValue data.
Two different issuers driving consecutive days of inflows point to broadening institutional participation rather than a single player acting alone.
Can XRP’s Triangle Breakout Hold?Yesterday’s breakout above the symmetrical triangle that contained XRP’s entire July consolidation remains confirmed, with price still holding above the breakout zone despite today’s pullback.
The Parabolic SAR flipped bullish at $1.0609, well below current price, confirming the trend change is genuine.
Price is currently consolidating between the 0.382 Fibonacci level at $1.1153 and the 0.5 level at $1.1465, exactly where bulls need to hold to keep the structure intact.
Pullbacks into broken resistance after a clean breakout are normal behavior, not a warning sign.
Fibonacci targets on continuation remain unchanged: $1.1822 — 0.618 Fibonacci, first target $1.2299 — 0.786 Fibonacci, major target $1.2906 — 1.0 Fibonacci, full recovery Key levels for XRP: $1.1451 — 50-day EMA, resistance being tested on the pullback $1.1086 — 20-day EMA, immediate support $1.10 — breakout zone floor; losing this on a daily close puts the breakout back under question Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
XRP is currently trading at $1.13. Overall market momentum is pointing up. XRP is currently trading at $1.13, pressing against a critical resistance zone after breaking out of a tightening triangle pattern. On the other hand, the whales and sharks holding between 100K and 100M XRP have added 2.8% more coins over the past five weeks. It’s a deliberate accumulation at a level where most retail traders have been losing patience.
Moreover, the micro wallets holding under 0.01 XRP have dumped 5.2% over the same stretch. Historically, the XRP price has moved with key stakeholders and against the smallest retail wallets.
Also, XRP ETF products have expanded institutional access, Ripple’s SEC overhang is resolved, and XRPL utility around payments, tokenisation, and RLUSD keep the asset in focus.
The Key Price Levels of XRP to Watch XRP is displaying a bullish divergence. Looking at the bullish price path, if it holds above $1.16, the recent high would be at $1.20. A major resistance range higher could likely be between $1.30–$1.35.
With a bearish scenario, upon losing $1.16 support, the XRP price could break below $1.11, followed by an immediate retest at $1.08. Furthermore, a failed breakout exposes the liquidity zone below $0.87.
XRP’s Technical Outlook: Can Momentum Stay Strong? The technical setup indicates strongly bullish momentum. XRP’s MACD line is above the signal line, and the short-term buying pressure is gaining speed. The recent price increases are happening faster than the average trend pace. Both lines are above zero, showing that the overall market direction is pointing up.
It is actively gathering strength, and traders look for buying opportunities in this phase, as the path of least resistance is up. If the lines start converging, it signals that buying momentum is starting to cool off.
In addition, the RSI reading settled at 60.75 reflects healthy bullish momentum with plenty of room left before the asset enters overbought territory. The buyers clearly have the upper hand, keeping the price sloping upward. As it sits above the 50 but stays below the 70 threshold, the asset is not overheated yet.
Significantly, the current market trend of XRP has enough room to push higher. The current environment remains favourable for long positions, and there are no visible signs of price exhaustion at this stage.
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XRP’s push back above $1.16 on Tuesday didn’t come out of nowhere. On-chain wallet flows tracked by the Santiment update show a clear divergence that historically favors prices: larger holders are quietly adding, while the smallest wallets are reducing exposure. The behavior lines up with a market structure where conviction is concentrating among better-capitalized participants.
Whales and sharks—addresses holding between 100,000 and 100 million XRP—expanded their collective bags by 2.8% over the past five weeks. That accumulation sprint coincides with the asset reclaiming levels not seen in months. On the other side, micro wallets containing less than 0.01 XRP dumped 5.2% of their holdings during the same period. It’s a split that tends to matter, because XRP’s price has more often tracked the behavior of key stakeholders than the tiniest retail cohorts.
The Wallet Divide: Whales Accumulate, Micro Holders Flee This isn’t about small retail sentiment alone. When high-balance cohorts increase exposure while dust wallets exit, the supply typically moves into hands that are less sensitive to short-term noise. Santiment notes that XRP has historically rewarded this kind of setup, and the current bounce looks justified when measured against the accumulation trend. It also means the upward move has internal support beyond a simple speculative pump.
Still, on-chain signals aren’t a guarantee. The metric captures a snapshot over five weeks, not a sudden burst of buying. The 2.8% addition is meaningful in aggregate, but the pace matters. If the same wallets pause or begin offloading, the floor could look softer. What traders might be watching now is whether that whale cohort continues to hold or builds further, because the micro-wallet exit alone doesn’t carry the same directional weight.
What’s Driving the Shift Beyond the Charts The internal accumulation fits a broader narrative. XRP’s regulatory overhang with the SEC is largely resolved, and institutional access through XRP ETF products is no longer a far-off concept. The XRP Ledger continues to see utility around payments and tokenization, including the RLUSD stablecoin, keeping the asset in focus. The real-world asset tokenization momentum across the industry adds a plausible fundamental layer to why larger wallets might be positioning now rather than later.
At the same time, broader blockchain developer activity remains concentrated on a handful of networks, and XRP’s long-term value hinges on whether the ledger can convert institutional interest into sustained on-chain usage beyond speculative flows. The Santiment data gives a short-to-medium-term bullish signal, but the path from accumulation to a durable market shift still requires consistent utility and liquidity. For now, the wallet split offers a fairly clean read: the bigger money is leaning in while the smallest players step back.
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Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
The US cryptocurrency industry is closely monitoring the progress of the CLARITY Act, as lawmakers face an increasingly tight deadline to enact the legislation. Digital Asset Investor, a widely followed crypto analyst, expressed growing confidence that the bill will advance despite ongoing disputes between Senate Democrats and the White House over ethics provisions.
Political negotiation and Trump’s possible roleDigital Asset Investor suggested that former President Donald Trump is likely to concede to Senate Democrats’ ethics demands, allowing them all to be formally documented before agreeing to proceed. According to his assessment, stipulations restricting Trump’s personal trading activities in digital assets would not extend to his immediate family or trusts outside his direct control.
He noted, “Just because Trump can’t trade in crypto doesn’t mean his family member” will face equivalent restrictions, implying that the scope of these ethics requirements remains limited in their reach.
He argued that the ethics delays are not insurmountable, referencing Nancy Pelosi’s past trading performance as evidence that ethics debates often center on politics rather than substantive reform. In his view, the bill’s passage is a matter of national security and likely to be settled, regardless of the opposition’s persistence.
The ongoing stalemate has fueled uncertainty in the crypto sector, given the two-week window left for lawmakers to take action on the bill.
XRP’s position and Ripple’s infrastructureBeyond legislative developments, Digital Asset Investor commented on Ripple’s growing prominence in the stablecoin and payment infrastructure space. He referenced recent remarks from the CEO of Wormhole—a cross-chain messaging protocol and Ripple partner—highlighting that RLUSD stablecoin issuance has surpassed $1 billion. Wormhole’s CEO also pointed to Ripple’s strong financial reserves as a strategic advantage in competing with current stablecoin leaders.
A senior Ripple executive further outlined the technical strengths of the XRP Ledger, describing it as purpose-built for large-scale payments and institutional applications. The platform integrates features for escrow, a decentralized exchange, and compliance tools directly into its core, enabling these functions without requiring external smart contracts.
Mini dictionary: Wormhole, a cross-chain protocol, facilitates interoperability by enabling the transfer of data and assets between otherwise separate blockchains.
DTCC collaboration and Ripple’s institutional reachThe discussion also touched on the Depository Trust & Clearing Corporation (DTCC), a key US financial market infrastructure provider processing more than $4 quadrillion in settlements annually. DTCC’s digital assets division stated that no single blockchain currently meets the capacity to process its settlement volume. Instead, DTCC is collaborating with multiple platforms, including Canton and Stellar, with Ripple listed as a partner.
Digital Asset Investor highlighted that Ripple’s broad network of institutional relationships, such as access to central banks and the International Monetary Fund, has positioned the company as an informal incumbent within the growing digital asset ecosystem.
NetworkSettlement CollaborationRippleYes (partnered with DTCC)StellarYes (DTCC collaboration)CantonYes (DTCC collaboration)Ripple, headquartered in San Francisco, provides enterprise blockchain solutions for global payments, and plays a significant role in developing the XRP Ledger for real-time settlement and cross-border transactions.
He concluded that Ripple’s involvement with market infrastructure players is not coincidental, describing the company as “almost like a disguised incumbent” given its extensive high-profile partnerships.
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.
Dana Love, PhD, has drawn attention to tokenization trends that are often overlooked in mainstream coverage. In a recent video, Love examined a $2.2 billion asset on the XRP Ledger, which has only 19 holders and no recorded transfers. This asset is not frozen; instead, it was specifically designed to serve as a settlement record rather than a tradeable token.
Settlement Tokens and Transfer ActivityThis distinction plays a significant role in understanding reports that more than half of the estimated $60 billion tokenized-real-world-asset (RWA) market had no recorded weekly transfer activity. Love explained that this apparent inactivity is often misunderstood, since it combines two fundamentally different types of assets: those built to circulate freely on public chains, and those whose tokens primarily serve as internal records.
According to Love, JustToken’s JMWH token debuted on the XRP Ledger in January 2026 with an initial value of approximately $861 million, and its value rose to $2.2 billion by the end of May. The token represents megawatt-hours derived from Argentine energy contracts, with some allocations involving YPF Luz, the power generation subsidiary of Argentina’s largest energy company.
JMWH tokens are issued when an energy contract is signed and are burned when the contracted electricity is delivered. As Love clarified, these tokens are not intended for trading. Instead, the blockchain serves as an auditable settlement record.
“The blockchain is the audit trail in the settlement record. It is not a trading venue.”
Recent data from RWA.xyz, cited by the BeInCrypto research team, found that of 1,289 tokenized assets worth over $100,000, 910 saw no transfers during the observed week. These dormant assets represented $32.9 billion in value. However, $27 billion of that falls under “represented” tokenization, referring to products designed to remain only within an issuer’s platform, not actively traded.
Mini dictionary: YPF Luz is a major energy generation company in Argentina, operating as a subsidiary of YPF and focusing on power generation, transmission, and renewable energy projects.
Asset TypeNumber of AssetsValueWeekly Transfer ActivityTokenized assets (>$100,000)1,289$60 billion56% inactiveRepresented tokenization—$27 billionInternal recordsActively traded tokens—$33 billion (approx.)Public transfersInstitutional Tokenization vs Public TokensLove’s analysis also spotlighted Figure Technologies, a financial technology company, and its Providence blockchain, which reportedly tracks an $18.3 billion portfolio of U.S. home-equity lines of credit (HELOCs). These lending products are originated, securitized, and sold to institutional investors, with the blockchain primarily providing transaction settlement and record-keeping. Providence operates without a public retail token and does not have the same visibility as blockchains like Ethereum, Solana, or XRP.
The $18.3 billion figure cited for Providence amounts to roughly 31% of the overall tokenization market discussed in Love’s video. Meanwhile, Solana has reported $3.47 billion in monthly tokenized stock volume, representing 96% of global on-chain stock trading in that month.
Despite impressive tokenized trading volumes, the report noted that a majority of such products on Solana are synthetic. Buyers often gain price exposure instead of legal share ownership.
The findings highlight that high-value settlement systems and internal recordkeeping make up a major portion of tokenized assets, while high-activity, publicly traded tokens represent a narrower segment of the market.
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.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
American institutional investors have begun reallocating capital into spot XRP ETFs while actively taking profits in the DeFi segment. According to SoSoValue, daily net inflows into XRP funds reached $5.66 million, while Hyperliquid (HYPE) funds lost $698,040.
Wall Street's shift in priorities comes amid rapid progress in the U.S. Senate on the historic CLARITY Act. The bill, passed by the House of Representatives in July 2025, transfers oversight of digital commodities to the CFTC while leaving the SEC in control only of tokens classified as securities.
Why XRP is gaining traction ahead of the CLARITY ActOptimism surged after Treasury Secretary Scott Bessent said the bill was on the "1-yard line" before approval. Senate Majority Leader John Thune and White House officials also confirmed progress in negotiations, easing disagreements over ethics provisions.
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A special Senate briefing will take place behind closed doors in the near future, with the goal of accelerating an official vote before lawmakers leave for recess. Despite opposition from Democrats, prediction markets now estimate the bill's chances of success at 50%–70%.
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For investors, buying XRP ETFs is a beta bet on the American company Ripple, which develops payment solutions based on the XRP Ledger blockchain. Full legal clarity under the CLARITY Act would give the company's infrastructure more room to expand, including the scaling of its new RLUSD stablecoin.
In the long term, this ripple effect could sharply increase transaction activity across XRPL and trigger mass adoption of XRP by large businesses. Major capital is clearly moving into regulated assets ahead of the curve, restructuring portfolios around the future rules of the market.
Wall Street prefers policyYesterday's crypto ETF data clearly illustrates this trend. While Bitcoin continues to attract most of the capital, recording its sixth consecutive day of growth, and Ethereum steadily holds its position, a clear divide has emerged in the altcoin market.
XRP is attracting funds at roughly the same pace as Solana. However, while capital in Solana remains at high levels because of the network's strong performance in the real-world asset tokenization sector, the DeFi-focused Hyperliquid segment is losing ground.
Investors are actively withdrawing money from BlackRock's iShares HYPE fund. Capital flows into Bitwise's fund have completely stalled, while Grayscale recorded only a symbolic daily transaction.
Total US Spot XRP ETF net inflow over the last 30 days, Source: SoSoValueThis outflow continued a negative trend for Hyperliquid, whose ETFs already suffered substantial losses last week. The rest of the market is currently at a standstill: investors showed only minimal interest in Litecoin and Dogecoin, while capital flows into BNB, LINK, HBAR, AVAX, and DOT funds stopped completely.
An official date for the Senate vote has not yet been set, but fund data confirms that major U.S. buyers no longer want to play regulatory roulette and are already choosing assets tied to American jurisdiction.
XRP’s recent downturn could be nearing a turning point, as technical momentum indicators begin to strengthen and major institutional players increase their exposure to the token. While analysts regard these developments as a sign that the correction may be approaching its end, clear confirmation is still required before declaring a full bullish reversal.
MACD indicator points to easing bearish pressureEGRAG CRYPTO, a widely respected market analyst, highlighted that XRP’s 40-day Moving Average Convergence Divergence (MACD) is showing signs of flattening following a prolonged decline. The MACD is a momentum oscillator commonly used to identify trend shifts and gauge the strength of market moves.
A flattening MACD typically signals that selling pressure is subsiding and buyers have begun to regain traction. These early signs could point to an upcoming reversal, but EGRAG emphasized that traders should remain cautious. The analyst stressed that a genuine trend change still depends on further technical validation, including a confirmed bullish MACD crossover and a decisive move above critical resistance levels.
The worst may be closer to being behind us than ahead of us, suggesting that XRP could be in the final phase of its correction. Similar MACD patterns in the past have often preceded substantial rallies when bullish momentum eventually emerges.
According to EGRAG, a clear break above resistance, along with the formation of higher highs, would provide more reliable evidence of a lasting uptrend. Until that confirmation appears, the improving momentum remains a positive but preliminary development.
Institutional accumulation gains momentumData from CoinCodex shows XRP currently trading at $1.14, bringing the altcoin to a technically significant support area. Holding this support while momentum improves could reinforce the view that XRP’s decline is only a temporary reset, rather than an indicator of a prolonged bearish cycle.
Institutional interest has also intensified. Crypto exchange Bitrue reported that clients of Franklin Templeton, a global asset management company, recently acquired about $5.66 million worth of XRP through their ETF channels. This move is seen by many as an indication of growing confidence in XRP despite broader market volatility.
Franklin Templeton, established in 1947, is one of the world’s largest independent asset managers, offering a variety of investment products to institutional and retail clients.
Industry observations suggest that large investors often accumulate assets when price uncertainty is high, choosing to position themselves ahead of potential rallies instead of reacting after the trend is established. The ongoing presence of spot XRP ETFs is viewed as a convenient entry point for such accumulations.
The convergence of strengthening momentum on the charts and increasing institutional purchasing could be pivotal for the token’s next major move. However, many market observers underline the importance of securing clear technical confirmation before considering the correction to be over.
Mini dictionary: MACD (Moving Average Convergence Divergence) is a technical analysis tool used by traders to measure momentum and identify trend reversals. It consists of the difference between two moving averages and is often used to spot potential buy or sell signals when the MACD line crosses above or below a signal line.
MetricCurrent ValueSignificanceXRP price$1.14Key technical support levelInstitutional purchase$5.66 millionAccumulated by Franklin Templeton ETF clientsMACDFlatteningSuggests easing bearish momentumDisclaimer: 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.
XRP has moved above a major technical barrier following a breakout on the 8-hour chart, according to prominent cryptocurrency analyst Dark Defender. The analyst, who closely tracks developments in the digital asset space via his X (formerly Twitter) account, shared insights suggesting that the token has completed the first four waves of a five-wave pattern and has now entered the fifth stage, provided that it maintains support above $1.13.
Breakout signals shift in trendRecent chart analysis shows XRP overtaking a descending trendline that constrained its price since early June. This move coincides with the structure proposed by Dark Defender, where the breakout could mark the start of a new upward phase.
A detailed look at the chart reveals XRP is now trading atop the Ichimoku Cloud, with the current price at $1.1342, aligning closely with the $1.13 support identified by Dark Defender. If XRP stays above this level, momentum may carry it to higher targets, notably the $1.22 region associated with the projected fifth wave.
Fibonacci extension levels are also plotted, with the 161.80% extension positioned near $1.109 and the 361.80% extension marking the $1.2265 level. These technical markers support the outlook that additional gains could materialize if the present trend persists.
Mini dictionary: Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a technical analysis indicator that defines support, resistance, trend direction, and momentum within a single chart overlay.
Technical LevelPriceCurrent support$1.13Fibonacci 161.80%$1.109Projected target (Fibonacci 361.80%)$1.2265RSI underlines momentum shiftXRP’s Relative Strength Index (RSI), a momentum indicator in financial technical analysis, climbed to approximately 63.9 and has crossed above its moving average near 51.3. This move followed a recovery from historic lows seen in June and signifies strengthening bullish sentiment, though the RSI remains below the overbought threshold of 70.
Dark Defender noted in his analysis that the bullish RSI cross on the weekly chart aligns with the start of the anticipated wave 5 move. The indicator continues to signal that buyer momentum persists and that there may be room for further upside if trend conditions remain stable.
Dark Defender pointed to the recent bullish RSI cross on the weekly chart, emphasizing that “Wave 5 officially starts. Road to double digits #XRPArmy!” He identified $1.13 as the key support required for the next leg higher.
Next technical targets for XRPSustained trading above $1.13 would confirm the bullish technical structure proposed by Dark Defender. If maintained, this could propel XRP toward the $1.22 target, which coincides with the upper Fibonacci extension mapped in the analyst’s outlook.
The analysis comes as traders continue to observe if XRP can consolidate new gains after a protracted period under downward pressure. A move to $1.22 would represent a notable recovery and bring the asset closer to multi-month highs, provided that bullish signals remain intact.
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.
Whale-driven selling pressure in $XRP has dropped to its lowest point since January 2025, coinciding with expanding adoption of AI-powered transactions on the XRP Ledger. Market analyst Crypto Patel reported that inflows from whales—large holders who exert significant influence over short-term price action—to Binance have sharply decreased, suggesting that the primary source of large-scale liquidations is tapering off.
Declining whale inflows signal market shiftHistorically, a decrease in whale deposits onto exchanges has been seen as an encouraging sign for asset prices. With fewer significant holders moving tokens for immediate sale, supply tightens and demand plays a larger role in setting price direction.
Crypto Patel indicated that XRP appears to be transitioning from a distribution phase, where large holders sell, to an accumulation phase driven by sustained demand. Patel identified the $0.70 to $1.00 range as a potential long-term accumulation zone and highlighted a possible long-range price target of $10 if adoption and market interest continue to climb.
Patel believes the sharp decrease in whale exchange inflows marks a potential shift in XRP’s market cycle, opening the door to increased buying demand and a stronger foundation for future price appreciation.
On-chain data backed up this perspective, showing that XRP whales recently grew their holdings by 2.8% as the token reached a two-week high. Meanwhile, smaller retail investors have reduced their positions, signaling a divergence in sentiment and positioning between investor groups.
This development suggests large holders remain confident in XRP’s longer-term outlook and may be quietly accumulating, a trend often seen ahead of significant price movements as available supply tightens.
MetricTrendRecent ValueWhale inflows to BinanceFallingLowest since Jan 2025Whale net holdingsRising+2.8% (two-week high)XRP retail positionsDecliningN/ACurrent XRP priceAbove accumulation range$1.14AI-driven growth boosts XRPL utilityMomentum is also building on the technological front. Adoption of the XRP Ledger (XRPL) is accelerating as it becomes a platform for AI-powered, autonomous transactions. Infrastructure provider t54 facilitates AI agents and has now processed over 1.4 million autonomous transactions on XRPL using its x402 transaction facilitator.
Mini dictionary: x402, developed by t54, is a protocol for enabling automated, agent-based transactions directly on the XRP Ledger. This tool allows AI systems and machine agents to send and receive payments independently, supporting new use cases in the autonomous digital economy.
RippleX, the developer arm of Ripple, has played a major role in supporting XRPL’s integration with AI agents. David Schwartz, RippleX’s Head of Engineering, stated that this early-phase adoption is likely to accelerate rapidly. He forecasts that XRPL transaction volumes could climb from about 1 million currently to 10 million or even 100 million in the coming years as autonomous agents increasingly transact for APIs, computational resources, and digital services.
Schwartz anticipates exponential growth in XRPL transaction volume driven by AI agents, with millions of autonomous payments annually becoming standard practice as the ecosystem matures.
Analysts suggest that if these trends continue, XRP’s prospects could strengthen further. Reduced whale selling, ongoing institutional accumulation, and practical utility from AI-based transactions together form a backdrop for potential sustained growth in the token’s value.
As supply further contracts and real-world applications involving AI and digital payments expand, the market may see a rising foundation for future price increases if investor demand persists.
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.
Hollywood may be embracing tokenization, but hidden or probably non-existent Matt Damon’s crypto exposure tells a different story. Despite real-world assets rapidly moving onchain, the actor has kept his personal wealth rooted in traditional real estate rather than digital assets, with his blockchain involvement remaining largely philanthropic.
Public records show no evidence that Damon personally holds cryptocurrencies, stocks, or gold. Instead, his crypto connections revolve around charitable initiatives, making him something of an outlier at a time when celebrities are increasingly associated with digital assets.
Crypto Partnerships Focus On Humanitarian EffortsDamon’s most recognized blockchain association dates back to Crypto.com’s “Fortune Favors the Brave” campaign in 2021. While the advertisement became one of crypto’s most memorable marketing campaigns, Damon later revealed that he donated his entire appearance fee to Water.org, his clean water charity. Crypto.com subsequently contributed an additional $1 million to the organization.
His involvement with blockchain philanthropy continued in June when he was announced as a participant at Ripple Swell in New York. The campaign promotes global water aid by using Ripple Payments and the RLUSD stablecoin to improve cross-border humanitarian transfers.
Property Still Dominates Personal WealthWhile blockchain remains a tool for charity, Damon’s wealth continues to lean heavily toward physical assets.
His disclosed real estate portfolio is valued at approximately $33.8 million across three major properties. It includes an $8.6 million West Hollywood condominium, an $8.5 million Bedford countryside estate acquired through an LLC linked to Pearl Street Films, and a $16.7 million Brooklyn Heights penthouse, which set a borough sales record when purchased in 2018.
The portfolio also reflects a deliberate downsizing strategy after Damon sold his 13,500-square-foot Los Angeles mansion for $18 million in 2021 before shifting into a smaller luxury residence.
The Odyssey Brings Fresh SpotlightRenewed interest in Damon comes as The Odyssey dominates entertainment headlines following its $264 million opening weekend, marking the biggest debut of Christopher Nolan’s career.
The film has also become part of a public dispute after Elon Musk criticized the casting and announced that xAI’s Grok Imagine would produce a full-length AI-generated, historically accurate version of The Odyssey before the end of 2026.
For now, the conversation around Matt Damon crypto remains centered on charitable blockchain adoption, while his personal wealth continues to be backed by bricks and mortar rather than onchain assets.
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XRP has faced significant price compression during mid-2026, trading between $1.09 and $1.13 in late July after a drawn-out consolidation period. As August nears, market participants have been monitoring the asset closely for signs of potential recovery from recent lows.
XRP price scenarios for August 2026To analyze XRP’s possible movement into the new month, Google Gemini provided a structured price forecast based on prevailing market conditions. Gemini is an advanced artificial intelligence model developed by Google, designed to support a range of financial analysis and prediction tasks.
Gemini’s primary scenario maintains that XRP is most likely to continue consolidating, with a projected trading range between $1.10 and $1.22 by August 1. Citing current technical patterns, the AI assigned the highest probability to this outcome because the token remains supported at $1.08 and faces immediate resistance around $1.12 to $1.15.
With less than two weeks until the target date, Gemini stated the path of least resistance is a continuation of sideways action or a modest upward drift within these levels.
Mini dictionary: Google Gemini is Google’s large language model designed for AI-powered conversation, analysis, and complex prediction, often used across diverse sectors including finance for generating scenario analysis and market projections.
ScenarioProbabilityTarget RangeBase CaseHighest$1.10–$1.22Bullish20%$1.30–$1.35Bearish10%$0.85–$0.98Bullish expectations: Breaking resistanceGemini’s secondary scenario, assigned a 20% probability, suggests that if XRP buying volume surges enough to decisively cross the $1.15 resistance, a move toward $1.30 becomes likely. The AI model described this as a volume-driven breakout, not an organic drift, emphasizing that strong volume and momentum are prerequisites for this upward move.
Clearing the resistance would open access to the next “liquidity pocket” between $1.30 and $1.35, presenting a higher but less probable target in the near term.
XRP’s most probable path in the short term remains sideways consolidation or a slight upward drift between $1.10 and $1.22, with any marked rally dependent on breaching $1.15 with robust trading volume.
Bears’ view: Downside minimal but possibleOn the downside, Gemini allotted just a 10% chance to a significant pullback below the $1 threshold. The report highlighted that breaking the psychological $1 level may prompt forced liquidations, potentially driving the price down to the $0.85 to $0.98 support band. This bearish outcome is considered unlikely, contingent upon a broader market sell-off rather than internal XRP dynamics.
A breakdown under $1 could sharply accelerate losses and test support at $0.85, though this remains less likely in the current environment barring major negative shifts.
Point forecast and final recommendationsBeyond scenario ranges, Gemini provided a point forecast of $1.18 for XRP on August 1, 2026. This target reflects a mild upward tilt, positioned in the upper segment of the main expected range and consistent with the gradual positive drift following months of extended consolidation.
Gemini concluded by cautioning that these predictions are ultimately probabilistic and subject to change if broader market sentiment or volume patterns shift unexpectedly. As is the case with all short-term cryptocurrency forecasts, uncertainty remains inherent, and outcomes are not guaranteed.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The XRP Ledger has reached a significant milestone, surpassing 1 million agentic transactions, according to a report from @Crypto_Crib_ on social media. This development highlights the increasing use of AI-powered transactions within the XRP ecosystem, largely attributed to the x402 protocol and Ripple’s AI payment tooling. Recent data from the XRPL AI Hub indicates that the number of agentic transactions had already exceeded 1.4 million as of July 22, 2026. This surge in activity coincides with the launch of the XRPL AI Hub, which aims to support developers focusing on AI and payments use cases. In the broader market context, XRP has been in the $1.13 to $1.16 range, reflecting sustained activity on the XRP Ledger throughout 2026.
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Key Takeaways XRP Ledger’s milestone of over 1 million agentic transactions suggests increased adoption and activity. The XRPL AI Hub’s launch appears to support further development in AI and payment innovations on the ledger. Market pricing suggests XRP remains stable, in the $1.13 to $1.16 range despite the recent developments. What to Watch Market participants will be observing whether continued growth in agentic transactions could influence XRP’s price movements, potentially impacting predictions of a new all-time high by the end of 2026. Key factors include potential regulatory developments involving Ripple and broader market conditions such as interest rates and Bitcoin’s performance. Additionally, announcements from major financial institutions or further technological advancements on the XRPL could provide additional indicators for market pricing changes related to XRP.
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Contract Odds Δ since publish Volume 24h September 30, 2026 1.1% — — View market → December 31, 2026 5.8% — — View market →
EGRAG CRYPTO, a well-known cryptocurrency analyst, has revealed that he is allocating equal investments to an undisclosed altcoin alongside his XRP holdings in the current market cycle. This approach is based on a careful assessment of technical structure, macro support zones, project fundamentals, and anticipated future growth.
Equal investment approach with XRPFor every dollar committed to XRP during this cycle, the analyst explained that he has placed an equal amount into this unnamed asset. Although XRP remains his largest overall holding—due to heavier accumulation in the previous cycle—his recent purchases have followed a balanced strategy between the two coins.
EGRAG CRYPTO cited the long-term support structure and the resilience of the chart as key drivers behind this conviction. He emphasized the project’s strong fundamental outlook and current technical positioning as attractive for potential gains, stating his belief that the asset could deliver a substantial return if macro market conditions persist.
He set a target of a 10x to 15x return for the mystery coin during the next expansive phase, conditioned on the current trendline and support holding steady. Investors following his moves are monitoring whether this projected scenario materializes.
For every $1 invested in XRP during this cycle, I have invested an equal dollar amount in this coin. My conviction comes from the technical structure, macro support currently being tested, and its long-term fundamentals. I believe this coin can deliver a relatively straightforward 10–15X during the next expansion.
Market participants continue to speculate about the identity of the unnamed asset. While many suggest XLM as a historically correlated choice with XRP, other analysts have raised additional possibilities. ChartNerd, a respected technical analyst, proposed that the coin may actually be HBAR, supported by similarities in long-term price movement and critical trendlines.
He pointed to HBAR’s position above a multi-year ascending support trendline, which has guided prices since 2020. HBAR’s price recently tested a region where buyers have previously emerged, and technical charts show a nearby liquidity pocket at $0.04. A descending resistance line remains in place, constraining upward breaks for now.
The overlapping technical patterns between HBAR and the chart EGRAG CRYPTO shared have led many to consider it a strong candidate for the analyst’s mystery coin allocation. Both charts highlight an important support test that could become the launchpad for further advances, if buyers sustain momentum at current levels.
Focus on technical structure and market movesThe attention now turns to whether EGRAG CRYPTO’s approach will produce the strong upside he anticipates in the coming cycle. The analyst maintains that risk-to-reward has become attractive at these support zones, particularly for coins showing strong structural signs of potential reversal.
As the broader market waits for confirmation, comparisons between XRP’s trajectory and the mystery asset continue. Market observers are watching for breakout signals and decisive rebounds off the established support regions, both for XRP and the possible HBAR candidate.
Staying ahead of such market movements has become a top priority for many investors, especially those following chart-driven strategies. In this context, tools offering comprehensive analysis and real-time data have grown in importance. CryptoAppsy, which requires no account creation hassle, combines your crypto investments with real-time prices, detailed charts, and multi-currency portfolio management on a single screen. With this all-in-one financial assistant, you can instantly seize opportunities by setting up smart price alerts, filter news specific to your coins, discover newly listed altcoins without missing them, and always stay one step ahead of the market with critical macroeconomic data such as Fed interest rates.
The technical structure closely matches the chart EGRAG CRYPTO shared, with both highlighting a long-term support test that could serve as the foundation for the next major move if buyers defend the current zone.
For now, EGRAG CRYPTO has kept the asset’s identity private, but the recommended strategy and ongoing technical debates have placed a spotlight on both XRP and prominent altcoins as key assets to watch in the latest cycle.
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.
A new analysis is challenging the widely repeated claim that half of the tokenized asset market has stalled. The argument centers on a single token most XRP watchers have never mentioned.
A $2.2 Billion Token With 19 Owners
The token is called JMWH. It launched on the XRP Ledger on January 13, 2026, issued by a company called Justoken. It represents megawatt hours of Argentinian energy output.
JMWH opened at $861 million in value. By the end of May, it had grown to $2.2 billion. That makes it the largest single asset on the XRP Ledger, larger than every treasury product on the network combined.
It has 19 holders. It has recorded zero transfers since launch. According to one analyst, that is not a flaw. JMWH is minted when an energy contract is signed and burned when the electricity is delivered. The blockchain functions as a settlement and audit record, not a trading venue.
Justoken chose the XRP Ledger for its settlement design and its compatibility with Argentina’s securities regulator, the CNV, under a 2025 framework. The company has raised $17.5 million in venture funding and says it now intermediates close to $3 billion in tokenized commodity value across six tokens on two chains. Backers include Bunge, the Buenos Aires stock exchange, Visa, and Banco do Brasil.
Report Behind the Headlines
The wider debate traces back to a research report published in early July, built on data from RWA.xyz. It found $60 billion in tokenized real-world assets across more than 7,000 products. Of that total, 56 percent showed no weekly transfer activity, a figure that drove headlines describing tokenization as stalled.
The same report drew a distinction that much of the coverage skipped. It separates tokenized assets into two categories: distributed tokens, which trade on public blockchain rails and can move between wallets, and represented tokens, which function as an internal accounting record for an asset held offchain.
Roughly $33 billion of the market falls into distributed tokens. About $27 billion falls into represented tokens. For the represented category, the report states that a lack of transfers reflects the asset’s design rather than weak demand.
Solana’s Numbers Tell a Different Story
The same week the “half the market is dead” narrative spread, Solana reported $3.47 billion in tokenized stock trading volume for the month, equal to 96 percent of all onchain stock trades globally. Daily volume hit a record $683 million.
Analysts say that the two data points, one describing dormant assets and one describing record volume, both come from credible sources and both describe the tokenization market. The gap comes from what each asset was built to do, not from a flaw in the underlying numbers.
Story Ends Here
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RedotPay has introduced a new payment card that allows users to spend XRP-backed credit globally across the Visa network, integrating Ripple’s RLUSD stablecoin as a settlement layer. This move aims to enhance the real-world utility of the XRP Ledger (XRPL) and provide digital asset holders with expanded spending options.
How the XRP-backed card worksThe card enables users to pledge their XRP holdings as collateral, unlocking a credit line at a 50% loan-to-value (LTV) ratio. Instead of selling their crypto, users can access liquidity while continuing to benefit from any future growth in XRP’s value. The loan is settled in RLUSD, Ripple’s stablecoin, directly on the XRPL, and the funds become immediately available for use at any merchant worldwide that accepts Visa cards.
For those looking to retain exposure to XRP, this approach removes the need to liquidate tokens for day-to-day spending, offering flexibility for both long-term holders and regular users.
RLUSD operates as the bridge between blockchain and traditional payment networks. By leveraging XRPL’s speed and low cost, RLUSD allows rapid, efficient settlement for each transaction made using the card.
Mini dictionary: RLUSD is Ripple’s stablecoin issued on the XRP Ledger, designed for low-cost, fast settlement within blockchain-based financial networks.
FeatureRedotPay XRP CardTraditional Credit CardCollateralXRP pledged at 50% LTVNo crypto collateralSettlement CurrencyRLUSD (stablecoin) on XRPLNational fiat (USD, EUR, etc.)NetworkVisaVisaGlobal AcceptanceYesYesGrowing demand for stablecoin paymentsRedotPay, a fintech platform serving over 8 million users in more than 100 countries with $12 billion in annual payment volume, reported a surge in stablecoin-powered card transactions this year. The company stated that transaction volume has increased 80% since January and 250% compared with the previous year. This data highlights the gathering pace of stablecoin adoption for real-world payments.
Odelia Torteman, Head of Digital Assets at XRPL Commons, and Taylor Bossung, RedotPay’s Head of Corporate Affairs, discussed how the new XRP Card offers an opportunity for users to unlock spending power through crypto-backed collateral. They also noted the broader financial shift as on-chain lending and blockchain-powered remittances gain momentum in global markets.
Odelia Torteman and Taylor Bossung emphasized that the XRP Card enables holders to maintain their cryptocurrency positions while tapping into everyday spending, reflecting a significant step forward in linking digital assets to real-world payments.
Expanding the XRP ecosystemRedotPay continues to grow its footprint within the XRP ecosystem. In May, the company delivered expanded XRP payment features to millions of users. The platform previously worked with Ripple to boost XRP-powered remittances throughout Africa, aiming to accelerate crypto-to-fiat transfers and make cross-border payments more efficient.
The recent initiatives signal a broader shift for the XRP Ledger, positioning it as more than just a tool for international transfers. Through advances in stablecoin settlements, tokenized lending, and integration with major card networks, XRPL is becoming foundational infrastructure for both digital and everyday commerce—including the emerging field of AI-driven payments where autonomous agents handle transactions.
By combining RLUSD, XRP-collateralized credit, and Visa’s global reach, RedotPay is building a comprehensive bridge between blockchain and traditional finance, driving innovation in payment systems.
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.
XRP continues to experience price weakness, drawing attention to technical indicators that could provide signals of either a potential recovery or ongoing bearish pressure.
Analyst details key RSI levels for XRPEgrag Crypto, a crypto market analyst known for his technical approach, has shared a new analysis focusing on XRP’s 40-day Relative Strength Index (RSI). He described how several critical thresholds could act as signals for the asset’s next major move.
Egrag stated that XRP’s current 40-day RSI sits at approximately 42.7, just below an area he considers the macro reclaim zone. While the indicator is approaching this region, he emphasized that XRP has yet to make a confirmed close above this zone, making a full technical reversal uncertain for now.
Egrag indicated that the 44 RSI level previously acted as an important cycle support and has now become the first major resistance XRP must overcome. He considers a confirmed move above the 44–44.11 range as evidence of a repairing technical breakdown and an early sign that bearish momentum could be weakening.
According to his analysis, reclaiming this level would suggest that XRP’s RSI could begin forming a higher high, a key indicator of increasing market strength. Egrag also warned that simply touching this area without confirmation does not provide a strong enough bullish signal.
Confirmation sequence and future targetsThe analyst laid out an ideal confirmation sequence for a bullish scenario, saying the RSI must first break through the 44 level, then move towards 47, and finally return to retest 44 as a new support. Only after successfully retesting this region can a cleaner bullish structure be confirmed, he argued.
He added that maintaining the RSI above 47 would demonstrate that the indicator is exiting a bottoming phase and may be moving toward a period of renewed expansion.
Egrag explained that a reading of 50 on the 40-day RSI would mark the return of bullish momentum, while surpassing 52.85 would provide strong macro confirmation for XRP. He also noted that the 80 RSI level represents a cycle expansion zone, but stressed this target is not immediately in play.
Egrag’s approach underlines the importance of technical confirmation, rather than anticipation, for those monitoring XRP’s next potential breakout.
Mini dictionary: RSI (Relative Strength Index), a momentum oscillator used to gauge whether an asset is overbought or oversold, typically ranges from 0 to 100 and is widely employed in technical analysis for cryptocurrencies and stocks.
RSI LevelTechnical SignalImplication44Macro Reclaim ZoneFirst resistance to confirm possible turnaround47Support Retest TargetConfirms potential bullish structure if held50Bullish MomentumIndicates return of positive trend52.85Macro Bullish ConfirmationStrong validation of wider uptrend80Cycle ExpansionSignificant bullish extension in price actionOutlook and caution among tradersEgrag maintained that traders should stay focused on confirmations, not just potential signals. The need for a decisive close above 44, a rally through 47, and a subsequent retest forms the core of his outlook. Only these steps, he argued, could strongly indicate a turnaround for XRP’s long-term RSI pattern and overall price trend.
His perspective has contributed to the cautious sentiment among XRP traders, as many watch for signs of technical strength after a prolonged period of underperformance for the asset.
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.
From a technical standpoint, XRP has been one of the strongest altcoins this week, rallying more than 3% as the broader market flipped back into risk-on mode.
Notably, improving DeFi activity has backed the move, with stablecoin supply on the XRP Ledger (XRPL) edging closer to the $1 billion mark.
On the chart, XRP has reclaimed the $1.15 level, marking its first meaningful bullish breakout since early May.
More importantly, this rally hasn’t come out of nowhere.
As the chart below shows, XRP’s move back above $1.15 lines up well with recent wallet activity.
According to Santiment, whales and sharks holding between 100,000 and 100 million XRP have increased their holdings by 2.8% over the past five weeks. In other words, larger holders have been accumulating in strength, while the price is finally starting to catch up.
Source: Santiment Meanwhile, the other side of the data tells a similar story.
As the chart above shows, wallets holding less than 0.01 XRP have reduced their balances by 5.2% over the same period. Historically, though, Ripple [XRP] has tended to follow the behavior of its biggest holders rather than the smallest retail wallets, making this divergence another point in favor of the current rally.
But what if retail isn’t selling for no reason? Instead, it could be an early sign that the market is starting to price in risks that whale accumulation alone can’t offset. If that gap starts to close, the current bullish setup could weaken much faster than expected.
XRP’s next move depends on more than whale accumulation Sure, XRP ETFs have kicked off the week on a positive note.
Bitwise’s spot XRP ETF pulled in $2.49 million in net inflows on Monday, the 20th of July, while every other issuer remained flat.
But one strong day doesn’t change the bigger picture. Spot XRP ETF demand has cooled noticeably over the past few weeks, with inflows remaining well below the levels seen in April and May 2026. In other words, institutional participation still hasn’t kept pace with XRP’s latest breakout.
Against that backdrop, the chart below becomes much more important.
Upbit’s weekly XRP trading volume has fallen 51%, from 530 million to 258 million XRP, while Binance spot flows have dropped by nearly 99%, pointing to fading spot participation.
At the same time, derivatives traders are becoming more aggressive. Binance XRP open interest has risen 5.9% to $423.8 million, pushing leverage ratios to recent highs.
Source: Upbit In other words, more of XRP’s rally is now being driven by leveraged positions than fresh spot buying.
In that context, the recent retail exit doesn’t seem like a fluke. Instead, it could be an early sign that spot interest is fading, making XRP’s upside look more like a short-term rotation than the start of a broader structural trend. That naturally puts the recent buildup in leverage under the spotlight.
If spot demand continues to cool while leverage keeps climbing, XRP’s breakout could struggle to hold. In that scenario, the current bull run risks turning into a classic bull trap.
Final Summary Whale buying and a strong technical breakout are supporting XRP’s rally. But weak ETF demand and rising leverage could put the breakout at risk.
For the sixth consecutive day, U.S. spot Bitcoin ETFs pulled in fresh capital, pulling $203 million in net inflows on July 21, according to SoSoValue data highlighted in a market update by WuBlockchain. The Ethereum side of the ETF complex also stayed in positive territory, recording $37.47 million in net inflows and extending its own streak to three days. The twin streaks land as the broader crypto market digests a handful of institutional signals that go well beyond daily flow numbers.
Behind the headline figures, the persistence of the Bitcoin ETF flows suggests more than a short-term reallocation. When daily net inflows hold steady across nearly a week in the middle of summer, it points to a base layer of institutional demand rather than a reactive trade. Crypto-native allocators are not the ones driving these flows—they are coming from registered investment advisors, family offices, and funds that move methodically. Ethereum’s three-day streak, while smaller in absolute dollar terms, reinforces the pattern: capital is flowing into the regulated wrappers that large allocators are structurally required to use.
Institutional Appetite Spreads Beyond Bitcoin ETFs The steady bid for spot products sits alongside a parallel development that’s reshaping on-chain markets. Real-world asset tokenization has now surpassed $20 billion on-chain, with firms like Bullish and Ondo moving real settlement infrastructure. When ETF inflows persist and tokenized Treasuries reach new milestones in the same quarter, the story becomes less about one fund category and more about a structural shift in how institutional capital accesses digital assets. Spot Bitcoin ETFs may be the most liquid on-ramp, but they are no longer the only one.
That crowding of institutional pathways changes how markets interpret flow data. A multi-day Bitcoin ETF inflow streak today does not mean the same thing it meant twelve months ago, because the adjacent plumbing—custody, prime brokerage, tokenized collateral—has thickened. The risk of a sudden reversal exists, but the ecosystem that absorbs outflows has more depth. This doesn’t eliminate downside risk, but it does change the scale at which a turnaround would need to occur to rattle the broader market.
Regulatory Battle Keeps the Floor Shaky The flow optimism is not operating in a political vacuum. In Washington, banks are lobbying to alter the largest crypto legislation in U.S. history just days before a Senate vote. That legislative contest could reshape the regulatory framework that underpins the spot ETF structure itself. For the institutions currently adding to ETF positions, the bill’s outcome determines whether the vehicles remain the dominant access point or get overtaken by more flexible on-chain instruments. The flows this week reflect positioning ahead of a regulatory fork, not just a linear bet on price.
So what happens if the streaks break? A single day of outflows would not erase six days of accumulation, but it would test the staying power of the current allocator base. The larger unknown is whether summer liquidity—historically thin—amplifies any shift in direction. For now, the combination of a bitcoin inflow streak, a nascent Ethereum streak, and a backdrop of both legislative friction and tokenization growth creates a market where anyone dismissing ETF data as noise is ignoring the most transparent institutional signal available.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
US Senator Cynthia Lummis: In the coming days, she will continue to push for a bipartisan agreement on the CLARITY Act to enact it into law.
US Senator Cynthia Lummis released a statement thanking her Democratic colleagues for their key contributions to the new draft of the CLARITY Act, and pledged to continue pushing for an agreement in the coming days to get the bill enacted into law. Lummis noted that consumer protection and supporting innovation are not mutually exclusive, adding that the draft demonstrates both goals can be achieved simultaneously. Earlier reports indicated that Senate Republicans unveiled the new version of the CLARITY Act following a briefing call with industry stakeholders. The revised text proposes to ban officials including the U.S. president, vice president, members of Congress, federal judges, and their spouses from receiving compensation via issuing or sponsoring digital assets while in office; the relevant provisions will remain in effect until January 20, 2029. Restricted officials must also sell their crypto assets and investments in crypto-related firms, or place them in blind trusts over which they have no control; sales of crypto assets exceeding $1,000 are required to be disclosed.
3 hours ago
The CLARITY Act adds, for the first time, provisions restricting the president and government officials from profiting through crypto assets.
According to CNBC, the new CLARITY Act under consideration by the U.S. Senate would ban the president and other federal officials from issuing or sponsoring cryptocurrencies and other digital assets. Republican lawmakers updated the bill’s text on Wednesday, adding for the first time provisions restricting the president from profiting from crypto assets, with the rules applying to both the president and other federal officials. The CLARITY Act is designed to be the U.S.’s first comprehensive piece of legislation regulating the digital asset market, and remains pending in the Senate.
3 hours ago
The revised CLARITY Act has been officially released, prohibiting the president and government officials from issuing or sponsoring crypto assets for profit.
Crypto journalist Eleanor Terrett reported that U.S. Senate Republicans have released a revised version of the CLARITY Act following a briefing call with industry stakeholders. The ethics framework in the revised bill was developed by the White House in consultation with Republican Senators Cynthia Lummis and Bernie Moreno, and has not yet secured Democratic backing. The new text would bar U.S. officials—including the president, vice president, members of Congress, federal judges—and their spouses from earning compensation during their terms via issuing or sponsoring digital assets; these provisions are set to expire on January 20, 2029. Covered officials must sell their crypto assets and investments in crypto firms, or place them in blind trusts over which they have no control, with sales of crypto assets exceeding $1,000 requiring disclosure. The U.S. Department of Justice would be granted civil enforcement authority for ethics violations, including prosecuting trading platforms that knowingly operate banned tokens. However, Democrats oppose granting the DOJ sole enforcement power without extending authority to state attorneys general, and the relevant provisions could still be adjusted in the coming days. The revised bill retains the BRCA and Keep Your Coins Act, clarifying that non-custodial software developers and blockchain infrastructure providers will not be classified as money transmitters solely for maintaining decentralized networks, while safeguarding individuals’ right to self-custody of crypto assets. Stablecoin provisions remain unchanged: interest on idle payment stablecoin balances is banned, but rewards tied to actual activities like trading or staking are permitted.
3 hours ago
Report: Crypto industry contributes $55 billion to U.S. economy, directly employs 34,000 people
The US National Cryptocurrency Association released a report stating that the US crypto industry directly employs 34,000 people; when including jobs supported by supplier industries and consumer spending of related workers, total employment in the sector is roughly 232,000. The report projects that by 2026, the industry will contribute over $55 billion to US GDP, with around $31 billion flowing to workers as labor income. Of the 232,000 supported jobs, approximately 75,000 come from supplier industries, and another 123,000 are driven by household spending of related employees. These figures are based on multiplier effects from input-output models and do not represent direct hires by crypto firms. Among the 34,000 direct roles, software, blockchain, and data engineering positions are the most numerous, at about 10,100. Regionally, California and New York support 57,649 and 53,766 jobs respectively, totaling over 111,000; Texas accounts for roughly 26,536 jobs. The 12 US heartland states defined in the report collectively support around 17,000 jobs. The report was commissioned and funded by the National Cryptocurrency Association, with analysis conducted by Pragmatic Policy Group. Its estimates are based on the US Bureau of Economic Analysis’ 2024 input-output tables and $23.22 billion in crypto industry revenue data, with model assumptions incorporated into occupational structure and industry mapping.
3 hours ago
The development company behind Pump.fun is hiring a Growth Marketing Lead, offering a base annual salary of up to $1 million.
Baton Corporation, the developer behind Pump.fun, is hiring a Head of Growth Marketing, with a base annual salary of $400,000 to $1,000,000 plus performance-based incentives. Pump.fun founder Alon noted that the platform has grown to become one of the largest in the crypto industry with almost no paid marketing. The company’s next goal is to transition Pump.fun from a crypto-native product to the mainstream market, targeting an application with hundreds of millions of users. The role requires candidates to have hands-on experience in consumer app growth, a proven track record managing multi-million dollar marketing budgets, and familiarity with strategies including digital advertising, user-generated content (UGC), and short-form video clips.
3 hours ago
灰度：若美联储不再加息，比特币或已触底
Zach Pandl, head of research at Grayscale, wrote in a post that the market currently holds two main views on when Bitcoin’s bear market will end: one is adherence to the "four-year cycle" theory, and the other is viewing Bitcoin as a mature asset driven by macroeconomic factors. The "four-year cycle" theory holds that halving events remain the core driver of Bitcoin’s price cycles. Historically, Bitcoin has typically bottomed roughly one year after a cycle peak and about 2.5 years after a halving, with an average cumulative drawdown of around 80%. Based on this pattern, Bitcoin could still decline further in the current cycle and form a bottom in September or October. The other view argues that Bitcoin’s price will, like other major assets, be more influenced by economic growth, real interest rates, and changes in Federal Reserve policy going forward. Past Bitcoin bear markets have typically coincided with slowing economic growth or rising real interest rates, and this current downturn has unfolded against a backdrop of rising rate hike expectations and climbing real interest rates. Pandl noted he leans more toward the macro-driven view. If the Fed stops raising interest rates and economic growth remains stable, Bitcoin’s price may have already bottomed.
Ethereum price has climbed from $1,800 to an intraday high near $1,945 after a technology-led Wall Street rebound revived risk appetite, although resistance below $2,000 has kept traders cautious.
Summary
Ethereum price holds above $1,900 after a Nasdaq-led rebound lifted risk appetite. Renewed ETF inflows and short liquidations could support a break above $2,000. A drop below $1,859 would weaken the recovery and expose $1,828 support. According to data from crypto.news, Ethereum (ETH) price traded near $1,929 at the time of writing, about 6% above its July 21 low. Buyers initially followed U.S. equities higher as the Nasdaq Composite gained 1.3% and the S&P 500 added 0.9%, led by semiconductor and artificial intelligence stocks. Micron rose 12.2%, while Nvidia advanced 2%. Notably, enthusiasm around upcoming technology earnings drove the session.
Institutional flows supplied another source of demand. U.S. spot Ethereum exchange-traded funds recorded $37.47 million in net inflows during the latest session, according to SoSoValue. BlackRock’s ETHA accounted for $52.7 million, partly offset by outflows from Fidelity’s FETH.
Momentum also improved against Bitcoin. Crypto trader Daan Crypto Trades noted that ETH has outperformed BTC during the third quarter after falling 29.26% in the first quarter and another 25.28% in the second. CoinGlass data shared by the trader showed Ethereum up 22.98% so far in Q3, compared with an average third-quarter return of 8.86% since 2016.
According to Daan, the rebound followed Ethereum’s weakest first half since 2022, making the recovery less unusual despite Q3’s historically slow performance.
“In the end BTC will have to lead the market though,” Daan wrote.
$ETH Outperforming $BTC in Q3 so far.
On average, Q3 is very slow for Ethereum, just like it is for BTC.
But as we can see ETH has had it's worst first half of the year since 2022 in 2026 so some relief here is not that crazy.
In the end BTC will have to lead the market… pic.twitter.com/RSXiyOTalE
— Daan Crypto Trades (@DaanCrypto) July 21, 2026 Bitcoin’s ability to retain its recent gains therefore remains relevant to ETH’s next move. A fresh Bitcoin sell-off could drain demand from altcoins even if Ethereum continues to outperform on a relative basis.
Ethereum price has retained a path toward $2,000 Ethereum’s daily chart has formed an ascending channel from the late-June low near $1,514. Price now trades above the channel’s lower boundary and the 20-day simple moving average at $1,828. The rising support line has produced a sequence of higher lows, while the upper boundary leaves room for a move toward $2,080 if buyers clear the current ceiling.
Ethereum price has entered an ascending parallel channel pattern on the daily chart — July 22 | Source: crypto.news The $1,945–$1,953 area presents the first obstacle. ETH has tested the region twice without securing a daily close above it, and the 4-hour Fibonacci structure places its full recovery level at $1,953. A close beyond that price would expose the $1,981 100-day SMA, followed by the psychological $2,000 level.
Ethereum’s daily RSI has reached 64.36, above its signal average of 59.67 but below the conventional overbought threshold of 70. The reading leaves room for another advance, though buyers no longer have the deeply discounted conditions seen around the June low.
On the 4-hour chart, RSI stands at 63.29, while Stochastic RSI has dropped to 52.86 beneath its 60.72 signal line. The difference shows that the primary advance remains intact even as very short-term momentum has eased after the rejection near $1,945. Consolidation above rising trendline support would preserve the higher-low structure.
Ethereum price 4-hour chart — July 22 | Source: crypto.news Liquidation data places the largest nearby leverage pool between $1,950 and $1,960. CoinGlass’s one-week heatmap shows the band as the brightest concentration above the market, with additional liquidity near $1,980 and $2,000. A break through $1,953 could force short liquidations and accelerate the move toward the round-number target.
Ethereum liquidation heatmap | Source: CoinGlass Below the market, leverage clusters sit around $1,900, $1,880 and $1,840. The $1,900 zone has already acted as intraday support, while the 4-hour Fibonacci retracement identifies $1,859 as the next major level. Trader Ted Pillows placed the key support range slightly higher, between $1,870 and $1,900.
“If the $1,870–$1,900 level holds, Ethereum could soon rally above $2,000.”
Loss of $1,859 would weaken Ethereum’s recovery Ethereum’s bullish setup would lose strength if price closes below the $1,870–$1,900 demand zone and breaks the 4-hour trendline. The next support rests at $1,859, the 78.6% Fibonacci retracement. Failure there would expose the daily 20-day SMA at $1,828 and the lower liquidation pocket near $1,840.
A deeper decline below $1,828 would break the sequence of higher lows and place $1,785 back in view. The 4-hour chart identifies that level as the 61.8% Fibonacci retracement, while the daily 50-day and 50-week averages sit much lower at $1,734. Those levels would become relevant if risk appetite deteriorates sharply.
Macro conditions remain the main external threat. Brent crude reached $91.01 on July 21 as the U.S.-Iran conflict pushed energy prices higher. Expensive oil could revive inflation concerns and lift Treasury yields, which would reduce demand for high-beta assets such as Ethereum.
For now, ETH retains its ascending structure above $1,900. A daily close beyond $1,953 would strengthen the case for $2,000, while a break below $1,859 would invalidate the immediate breakout attempt and increase the risk of a return toward $1,828.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
TL;DREthereum Tests a Historically Important Resistance ZoneFutures Traders Remain Positive, But Volume Tells a Different StoryWeak Capital Inflows Could Limit Further UpsideChannel Resistance Remains the Key Level to Watch Ethereum is trading near $1,920, testing the upper boundary of its price channel. Previous encounters with this resistance have been followed by profit-taking and short-term corrections. The Fund Market Premium remains positive, indicating futures traders still maintain some bullish positioning. Fund volume has not increased significantly, suggesting the rally lacks strong new capital inflows. Ethereum’s recent recovery could be approaching a critical turning point as the world’s second-largest cryptocurrency tests a major technical resistance level without the support of strong capital inflows.
The latest CryptoQuant chart shows Ethereum’s spot price on Binance trading around $1,920, placing it near the upper boundary of its price channel, a level that has historically triggered profit-taking and short-term corrections. While derivatives traders continue to show moderate optimism, on-chain indicators suggest the current rally may be running out of momentum.
ETH/USD Chart | Source: CryptoQuant Analysts say the combination of resistance at the channel ceiling and subdued fund volume increases the likelihood of a downward correction unless buyers step in with fresh liquidity.
Ethereum Tests a Historically Important Resistance Zone Ethereum has steadily climbed from its recent lows, recovering much of the ground lost during June’s sharp sell-off. However, the latest price action has brought ETH back to a technical area that has repeatedly acted as a ceiling for previous rallies.
The analysis uses Binance’s ETH-USDT spot market as its primary reference. Because Binance remains the largest exchange by spot and derivatives trading volume, its price is widely regarded as one of the clearest reflections of overall market supply and demand.
The chart indicates that each time Ethereum previously reached the upper boundary of the Price Channel, buying momentum faded and sellers emerged to lock in profits. With ETH once again approaching that same level, traders are closely watching whether history will repeat itself.
Futures Traders Remain Positive, But Volume Tells a Different Story One encouraging sign for bulls is that the Fund Market Premium indicator remains above zero. This suggests demand in the futures market has not disappeared entirely, with leveraged traders still maintaining a relatively constructive outlook.
However, the premium alone does not necessarily signal that prices will continue climbing.
Another key metric on the chart, Fund Volume, shows little evidence of a meaningful increase in new capital entering the market. The lack of a significant rise in trading volume suggests the recent recovery has been driven more by existing participants than by fresh buyers.
Without stronger inflows, rallies often become more vulnerable to exhaustion as buying pressure begins to weaken.
Weak Capital Inflows Could Limit Further Upside Market analysts frequently view rising trading volume as confirmation that a price move has broad market support. When prices rise without a corresponding increase in volume, it can indicate that the move lacks conviction.
That appears to be the case with Ethereum’s latest advance.
Despite the steady rebound, the absence of a notable expansion in fund volume raises questions about whether the rally has enough momentum to break through a well-established resistance zone.
If new liquidity continues to remain limited, traders could become more inclined to secure profits after Ethereum’s recent gains.
Channel Resistance Remains the Key Level to Watch The technical outlook remains largely dependent on Ethereum’s ability to overcome the upper boundary of the price channel.
A decisive break above this resistance, supported by stronger trading volume and increased capital inflows, would weaken the bearish outlook and could open the door for another leg higher.
Until that happens, however, the current setup favors caution.
The combination of resistance at a historically important technical level, modest futures optimism, and muted fund inflows suggests that selling pressure could emerge before Ethereum establishes a sustained uptrend, as analysts predict it could beat Bitcoin in the distant future.
For now, traders are likely to keep a close eye on whether buyers can generate enough momentum to invalidate the current technical warning or whether another pullback develops from the resistance zone.
Ethereum is gaining momentum against Bitcoin after reclaiming its bull market support band, signaling a potential shift in strength between the two leading cryptocurrencies.
Ethereum challenges Bitcoin after long period of underperformanceRecent analysis by MikybullCrypto indicates that Ethereum (ETH) has regained its weekly bull market support band, measured against Bitcoin (BTC). This move is seen as a sign that ETH may be entering a phase of renewed relative strength following a prolonged period of lagging behind Bitcoin.
The ETH/BTC pair has also surpassed a descending trendline that has defined its broader downtrend. Analysts note that the weekly Relative Strength Index (RSI) is approaching the midpoint at 50, which often signals an improving momentum.
Should ETH maintain its position above this support band, the next key resistance levels could emerge at 0.031 BTC and 0.035 BTC. Analysts emphasize the importance of remaining above the reclaimed support, as a close below this level may undermine the current bullish setup and reaffirm Bitcoin’s dominance.
Maintaining ETH/BTC above the weekly bull market support band could mark a significant trend shift, increasing the likelihood of Ethereum outperforming Bitcoin if 0.03 BTC is held.
Technical breakout remains unconfirmed, next targets in focusFor the first time since late 2025, Ethereum has closed above its weekly bull market support band versus Bitcoin, according to Daan Crypto Trades. The ETH/BTC pair is also testing a break of its extended descending channel, which may further support a bullish turnaround if confirmed.
A sustained move above the 0.03 BTC level is viewed as critical for confirming this breakout and opening the path toward higher resistance levels near 0.032 BTC and 0.035 BTC.
However, at the time of reporting, the breakout remains tentative as ETH/BTC is still trading below 0.03 BTC. If Ethereum loses the support band at approximately 0.0287 BTC, there is an increased risk of further declines toward the 0.0262 BTC zone.
The ongoing battle around this key support and resistance structure will likely determine whether Ethereum can sustain its gains against Bitcoin in the coming weeks.
Resistance LevelCurrent StatusRisk Zone if Lost0.03 BTCNot yet surpassed0.0287 BTC0.032 BTCPotential next target0.0262 BTC0.035 BTCExtended target–The crypto community continues to monitor the ETH/BTC pair closely as technical factors and relative strength signals could reshape the market’s current trend.
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.
Ethereum has rallied close to $1,920, testing the upper boundary of its established price channel—a point that has signaled reversals in previous cycles. As the second-largest cryptocurrency by market capitalization approaches this technical barrier, analysts caution that recent gains could be at risk if strong buying support does not materialize.
Critical resistance tests investor sentimentAfter a steady climb from June’s sell-off lows, Ethereum reclaimed losses and returned to a key resistance zone. This level, historically acting as the ceiling for previous rallies, has frequently triggered profit-taking and short-term price corrections.
Current spot price references are based on Binance’s ETH-USDT market. Binance, recognized as one of the largest cryptocurrency exchanges globally by both spot and derivatives trading volume, often serves as a bellwether for broader market sentiment.
Analysts argue that every approach to this channel ceiling has seen the buying momentum fade, with sellers entering the market to secure recent profits. The question now remains whether new capital will arrive to support a sustained breakout or if a correction is imminent.
Each retest of the upper boundary has drawn increased selling pressure from holders locking in gains, putting Ethereum’s recent surge on uncertain ground unless substantial fresh liquidity enters the market.
Futures traders maintain optimism, but inflows remain mutedDespite technical resistance, the Fund Market Premium—a measure tracking futures market sentiment—remains in positive territory. This indicates that derivatives traders are still expressing moderate optimism and maintain leveraged long positions.
However, trading volume tells a different story. The Fund Volume metric shows limited increases in activity, signaling that new capital has yet to flow meaningfully into the market. This lack of robust inflows may undermine the sustainability of the recovery as it implies that the rally relies mostly on existing participants rather than attracting new buyers.
Market observers often view rising trading volume as confirmation of price moves backed by broader support. When prices climb without a significant uptick in trading activity, rallies may become vulnerable to rapid reversals if sentiment weakens.
Mini dictionary: Fund Market Premium, a metric indicating the difference between the futures price and the spot price. When the premium is positive, it usually reflects bullish sentiment among leveraged traders.
Key levels and potential scenariosA decisive break above the price channel’s upper boundary, especially if accompanied by increased trading volume, would challenge the current bearish setup and potentially allow for further gains. Provided capital inflows remain limited, however, analysts suggest that the resistance will likely continue to play a crucial role in containing the rally.
Without a meaningful surge in fund volume or new entrants, the recent upswing could fall short of establishing a lasting uptrend.
If buying pressure does not accelerate and resistance holds, traders may consider taking profits, which could drive the next pullback. Until further confirmation arrives, caution prevails as Ethereum’s rally depends heavily on broader market participation.
MetricCurrent StatusImplication for ETHSpot price (Binance)Near $1,920Testing resistanceFund Market PremiumPositiveFutures optimismTrading volumeSubduedWeak new capital inflowTechnical resistanceUpper channel boundaryNo clear breakoutUltimately, most market participants will focus on whether buying momentum gathers pace at this crucial level, as a breakout or rejection could set the tone for the next phase in Ethereum’s price trajectory.
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.
US Senator Cynthia Lummis: In the coming days, she will continue to push for a bipartisan agreement on the CLARITY Act to enact it into law.
US Senator Cynthia Lummis released a statement thanking her Democratic colleagues for their key contributions to the new draft of the CLARITY Act, and pledged to continue pushing for an agreement in the coming days to get the bill enacted into law. Lummis noted that consumer protection and supporting innovation are not mutually exclusive, adding that the draft demonstrates both goals can be achieved simultaneously. Earlier reports indicated that Senate Republicans unveiled the new version of the CLARITY Act following a briefing call with industry stakeholders. The revised text proposes to ban officials including the U.S. president, vice president, members of Congress, federal judges, and their spouses from receiving compensation via issuing or sponsoring digital assets while in office; the relevant provisions will remain in effect until January 20, 2029. Restricted officials must also sell their crypto assets and investments in crypto-related firms, or place them in blind trusts over which they have no control; sales of crypto assets exceeding $1,000 are required to be disclosed.
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The CLARITY Act adds, for the first time, provisions restricting the president and government officials from profiting through crypto assets.
According to CNBC, the new CLARITY Act under consideration by the U.S. Senate would ban the president and other federal officials from issuing or sponsoring cryptocurrencies and other digital assets. Republican lawmakers updated the bill’s text on Wednesday, adding for the first time provisions restricting the president from profiting from crypto assets, with the rules applying to both the president and other federal officials. The CLARITY Act is designed to be the U.S.’s first comprehensive piece of legislation regulating the digital asset market, and remains pending in the Senate.
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The revised CLARITY Act has been officially released, prohibiting the president and government officials from issuing or sponsoring crypto assets for profit.
Crypto journalist Eleanor Terrett reported that U.S. Senate Republicans have released a revised version of the CLARITY Act following a briefing call with industry stakeholders. The ethics framework in the revised bill was developed by the White House in consultation with Republican Senators Cynthia Lummis and Bernie Moreno, and has not yet secured Democratic backing. The new text would bar U.S. officials—including the president, vice president, members of Congress, federal judges—and their spouses from earning compensation during their terms via issuing or sponsoring digital assets; these provisions are set to expire on January 20, 2029. Covered officials must sell their crypto assets and investments in crypto firms, or place them in blind trusts over which they have no control, with sales of crypto assets exceeding $1,000 requiring disclosure. The U.S. Department of Justice would be granted civil enforcement authority for ethics violations, including prosecuting trading platforms that knowingly operate banned tokens. However, Democrats oppose granting the DOJ sole enforcement power without extending authority to state attorneys general, and the relevant provisions could still be adjusted in the coming days. The revised bill retains the BRCA and Keep Your Coins Act, clarifying that non-custodial software developers and blockchain infrastructure providers will not be classified as money transmitters solely for maintaining decentralized networks, while safeguarding individuals’ right to self-custody of crypto assets. Stablecoin provisions remain unchanged: interest on idle payment stablecoin balances is banned, but rewards tied to actual activities like trading or staking are permitted.
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Report: Crypto industry contributes $55 billion to U.S. economy, directly employs 34,000 people
The US National Cryptocurrency Association released a report stating that the US crypto industry directly employs 34,000 people; when including jobs supported by supplier industries and consumer spending of related workers, total employment in the sector is roughly 232,000. The report projects that by 2026, the industry will contribute over $55 billion to US GDP, with around $31 billion flowing to workers as labor income. Of the 232,000 supported jobs, approximately 75,000 come from supplier industries, and another 123,000 are driven by household spending of related employees. These figures are based on multiplier effects from input-output models and do not represent direct hires by crypto firms. Among the 34,000 direct roles, software, blockchain, and data engineering positions are the most numerous, at about 10,100. Regionally, California and New York support 57,649 and 53,766 jobs respectively, totaling over 111,000; Texas accounts for roughly 26,536 jobs. The 12 US heartland states defined in the report collectively support around 17,000 jobs. The report was commissioned and funded by the National Cryptocurrency Association, with analysis conducted by Pragmatic Policy Group. Its estimates are based on the US Bureau of Economic Analysis’ 2024 input-output tables and $23.22 billion in crypto industry revenue data, with model assumptions incorporated into occupational structure and industry mapping.
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The development company behind Pump.fun is hiring a Growth Marketing Lead, offering a base annual salary of up to $1 million.
Baton Corporation, the developer behind Pump.fun, is hiring a Head of Growth Marketing, with a base annual salary of $400,000 to $1,000,000 plus performance-based incentives. Pump.fun founder Alon noted that the platform has grown to become one of the largest in the crypto industry with almost no paid marketing. The company’s next goal is to transition Pump.fun from a crypto-native product to the mainstream market, targeting an application with hundreds of millions of users. The role requires candidates to have hands-on experience in consumer app growth, a proven track record managing multi-million dollar marketing budgets, and familiarity with strategies including digital advertising, user-generated content (UGC), and short-form video clips.
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灰度：若美联储不再加息，比特币或已触底
Zach Pandl, head of research at Grayscale, wrote in a post that the market currently holds two main views on when Bitcoin’s bear market will end: one is adherence to the "four-year cycle" theory, and the other is viewing Bitcoin as a mature asset driven by macroeconomic factors. The "four-year cycle" theory holds that halving events remain the core driver of Bitcoin’s price cycles. Historically, Bitcoin has typically bottomed roughly one year after a cycle peak and about 2.5 years after a halving, with an average cumulative drawdown of around 80%. Based on this pattern, Bitcoin could still decline further in the current cycle and form a bottom in September or October. The other view argues that Bitcoin’s price will, like other major assets, be more influenced by economic growth, real interest rates, and changes in Federal Reserve policy going forward. Past Bitcoin bear markets have typically coincided with slowing economic growth or rising real interest rates, and this current downturn has unfolded against a backdrop of rising rate hike expectations and climbing real interest rates. Pandl noted he leans more toward the macro-driven view. If the Fed stops raising interest rates and economic growth remains stable, Bitcoin’s price may have already bottomed.
Ethereum’s validator exit queue has fallen to zero. That means not a single validator is currently waiting to unstake their ETH, and anyone who wants out can leave essentially instantaneously.
Meanwhile, roughly 2.48 million ETH is sitting in the entry queue, waiting to get into staking. The wait time for those trying to enter is somewhere between 43 and 45 days.
A dramatic reversal from 2025’s exit rush Back in September 2025, the exit queue hit a peak backlog of approximately 2.67 million ETH. The decline from that peak to the current zero has been steep and decisive, with the queue dropping by more than 99.9% by early January 2026.
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The network handles roughly 256 ETH per epoch, with each epoch lasting about 6.4 minutes. That applies to both entries and exits. It’s a deliberate bottleneck designed to prevent sudden shocks to the validator set, but it also means that when demand to stake surges, the entry line gets very long very fast.
The bigger staking picture Approximately 40.9 million ETH is currently staked across roughly 885,000 active validators. That represents about 33.56% of the total ETH supply locked up and unavailable for immediate sale.
Every ETH that enters staking is one fewer ETH available on the open market. When combined with EIP-1559’s burn mechanism, which permanently removes a portion of transaction fees from circulation, the effective liquid supply of ETH keeps shrinking.
Ethereum-related ETFs have reportedly been pulling in significant daily inflows throughout mid-July 2026. Cumulative net inflows into Ethereum ETFs have reached approximately $10.48 billion.
What this means for investors There are risks worth watching. A 43-to-45-day entry queue means that if market conditions shift suddenly, new stakers can’t quickly deploy capital. And if something triggers another mass exit event like September 2025, the orderly queue system means validators can’t all leave at once, creating potential frustration during volatile periods.
The contrast with a year ago is stark. From 2.67 million ETH trying to exit to zero exits and 2.48 million trying to enter is a complete sentiment reversal.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum has staged a notable recovery from its June lows. It has reclaimed some important support levels and is now pushing toward a major technical barrier. While short-term momentum continues to favor buyers, the broader trend remains challenged by overhead resistance and a still-negative Coinbase Premium Index, suggesting institutional demand from U.S. investors has yet to fully return.
Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has rebounded sharply after defending the $1.5K demand zone, where buyers repeatedly stepped in to halt the broader downtrend. The recovery has carried price back above the descending channel’s higher boundary.
The price is also approaching an important confluence of resistance. The descending trendline aligns closely with the 100-day moving average, while the 200-day moving average remains higher around the $2.2K region. These dynamic resistance levels reinforce the nearby horizontal supply zones at $2K and $2.4K. This confluence makes this area the primary obstacle before any larger bullish reversal can develop.
Momentum has also improved considerably, with the RSI climbing toward the upper half of its range, reflecting strengthening buying pressure without yet reaching overbought territory. As things stand, the path toward the $2K to $2.2K resistance area is open. Yet, a rejection from this zone would keep the broader bearish structure intact and increase the likelihood of another retracement back inside the channel and toward the $1.5K support zone.
ETH/USDT 4-Hour Chart The lower timeframe shows a much more constructive market structure. ETH has been producing higher highs and higher lows while respecting an ascending channel that has supported the advance throughout June and July.
After rebounding from the $1.7K short-term demand zone, the price accelerated toward the upper boundary of the large channel, where it is currently consolidating around $1.9K. This places ETH directly beneath a key resistance trendline that has capped rallies over the past several weeks.
The immediate support lies around $1.76K, where a previous resistance zone has flipped into support. Holding above this region and the short-term rising trendline would preserve the current bullish structure and keep the focus on another attempt to break above the channel resistance near $1.95K.
A successful breakout could trigger a continuation toward the psychological $2K level, while a loss of the ascending trendline would likely shift momentum back in favor of sellers and expose the $1.7K support area once again.
Sentiment Analysis The Coinbase Premium Index continues to paint a more cautious picture despite ETH’s recent price recovery. Although the metric has rebounded from its deeply negative readings seen earlier this summer, it remains below zero, indicating that Ethereum continues to trade at a discount on Coinbase relative to offshore exchanges.
Historically, sustained positive readings have reflected stronger buying activity from U.S.-based institutional participants. The current negative premium suggests that this segment of the market has not yet returned aggressively, even as price attempts to establish a short-term uptrend.
This divergence implies that the ongoing recovery is being driven primarily by broader market demand rather than strong institutional accumulation. A move back into positive territory would strengthen the bullish case and increase confidence that the current advance has sufficient underlying support to challenge the major resistance levels overhead.
Until then, traders should monitor the current breakout attempt with some caution, as weakening demand at resistance could still lead to another corrective move.
Euro stablecoins just hit an all-time high. As of May 13, 2026, the total market cap for euro-denominated stablecoins reached $774.2 million, a milestone that would have seemed ambitious just two years ago when the same market sat at roughly €50 million.
Ethereum is the clear winner in this story, accounting for 66.2% of the total euro stablecoin supply across all blockchains.
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MiCA did what regulators always promise and rarely deliver MiCA-compliant euro stablecoins grew 128% year-over-year, reaching $673.9 million in total supply.
Circle’s EURC is the dominant token in this cohort. It grew 109.8% to reach $430.4 million, and its market share of the euro stablecoin segment more than doubled between January 2025 and March 2026. EURCV posted even faster percentage growth at 180.6%, though it starts from a smaller base.
In January 2026, euro stablecoins were valued at approximately €450 million, already a dramatic jump from €50 million at the start of 2024. The market essentially grew ninefold in roughly two years.
What European banks entering the market could mean In September 2025, several major EU financial institutions including ING and UniCredit announced plans to collaboratively launch a euro stablecoin by the second half of 2026.
Dollar stablecoins like USDC and USDT still dwarf their euro equivalents by a wide margin in global volume, which means the gap between the two represents addressable market rather than ceiling.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
US spot Ethereum ETFs have recorded a third consecutive day of net inflows, giving ETH traders another sign that institutional demand is improving after a choppy stretch for the products.
Farside Investors data shows the Ethereum ETF group brought in $37.47 million in net inflows on July 21. BlackRock’s ETHA led the day with $52.79 million in net inflows, while Fidelity’s FETH posted $15.32 million in net outflows.
That split matters. The headline number was positive, but the flow picture was not evenly distributed across issuers. BlackRock continued to attract capital, while Fidelity saw money leave the product.
For Ethereum, the short-term message is still constructive. A third straight day of net inflows suggests demand is not isolated to a single session. But it is also too early to call it a durable trend.
TL;DR US spot Ethereum ETFs recorded $37.47 million in net inflows on July 21. BlackRock’s ETHA led with $52.79 million in inflows. Fidelity’s FETH saw $15.32 million in outflows, showing the demand is still uneven across issuers. Ethereum ETF Demand Is Improving, But Unevenly Ethereum ETFs have had a more complicated start than Bitcoin ETFs.
Bitcoin’s spot ETF launch quickly became one of the market’s dominant demand stories. Ethereum’s products have had to fight harder for attention, partly because ETH sits in a different part of the market structure. It is not only a monetary asset or store-of-value trade. It is also tied to staking, DeFi, stablecoins, Layer 2 networks, and smart contract activity.
That makes the ETF story more nuanced.
Investors are not just asking whether ETH is “digital gold.” They are asking whether Ethereum remains the core settlement layer for crypto finance and whether an ETF is the cleanest way to express that view.
A third day of inflows helps answer part of that question. It shows that investors are still allocating through the ETF wrapper, even after periods of weaker demand.
But the issuer split is important. BlackRock pulling in more than $50 million while Fidelity saw outflows suggests capital is concentrating around the largest and most liquid products. That is common in ETF markets. Larger issuers often attract the deepest flows because institutions prefer liquidity, brand familiarity, and tight trading conditions.
For smaller or less dominant products, that can make the competitive environment harder.
Why BlackRock’s ETHA Matters BlackRock’s ETHA remains one of the key products to watch because BlackRock has already shaped the Bitcoin ETF market.
When BlackRock’s Bitcoin ETF began attracting large flows, traders treated that as a major sign of institutional demand. The same logic applies to Ethereum, although the scale is different.
If ETHA continues to lead inflows, the market may start viewing BlackRock’s Ethereum product as the main institutional gateway into ETH exposure.
That would not automatically mean ETH price strength. ETF inflows are only one part of the market. Spot demand, derivatives positioning, staking dynamics, macro liquidity, and broader risk appetite all matter.
Still, ETF flows are visible, trackable, and easy for traders to use as a sentiment gauge.
That is why a positive three-day streak gets attention.
Fidelity Outflows Keep The Picture Balanced The Fidelity outflow is the part of the data that prevents the story from becoming too bullish.
A healthy ETF market can still have mixed flows across issuers. Money can move from one product to another, or investors can reduce exposure in one fund while adding elsewhere. But outflows from a major issuer show that demand is not broad-based across the full category.
That is a reminder to keep the data in proportion.
The Ethereum ETF group had a positive day. BlackRock led strongly. The streak extended. But this is not the same as saying all Ethereum ETFs are seeing synchronized demand.
The market will need more sessions before the trend becomes more convincing.
ETH Traders Need More Than Three Days For ETH traders, the key question is whether ETF demand can become persistent.
A few days of inflows can support sentiment, especially when they come during a market that is already watching institutional products closely. But sustained inflows over several weeks would carry more weight.
The ETF story also needs to be read alongside Ethereum’s broader fundamentals.
Ethereum transaction activity, Layer 2 usage, stablecoin settlement, DeFi liquidity, and staking demand all feed into the market’s long-term view of ETH. ETFs give traditional investors access to the asset, but they do not replace the need for Ethereum itself to remain useful on-chain.
That is why the ETF data is important but not complete.
For now, the July 21 inflow number is a positive signal. BlackRock’s ETHA continues to show institutional pull, and the group has extended its inflow streak to three days.
The next test is whether that demand can continue without relying on one issuer to carry the category.
This article is based on Farside Investors Ethereum ETF flow data and supporting SoSoValue ETF data.
This article was written by the News Desk and edited by Samuel Rae.
The Ethereum Foundation’s Protocol Security team is using coordinated AI agents to help scan protocol repositories and devnets for bugs, putting artificial intelligence deeper into Ethereum’s security workflow.
In a July 9 post titled “The Triage Is The Product,” Ethereum Foundation team member Nikos Baxevanis described how AI agent networks are being used to surface potential vulnerabilities, filter noisy findings, and support human security review.
The important detail is that the tools are not being presented as a replacement for auditors. The security problem is not just finding possible bugs. It is deciding which reports matter, which are false positives, and which need deeper review.
That is why the post’s framing is interesting. In Ethereum protocol security, triage itself is becoming part of the product.
TL;DR The Ethereum Foundation Protocol Security team is using AI agents to help scan protocol code and devnets. The focus is vulnerability triage, not replacing human auditors. The approach reflects how Ethereum security work is becoming more automated, but still human-led. Why Ethereum Security Is Different Ethereum security is not like ordinary application security.
The protocol secures a settlement layer used by exchanges, stablecoins, DeFi protocols, Layer 2 networks, and millions of users. A serious bug can have consequences far beyond a single app or company. That is why Ethereum’s security culture has always relied on layered review, bug bounties, audits, client diversity, testnets, formal reasoning, and public scrutiny.
Adding AI agents to that process makes sense, but it also creates a new challenge.
AI systems can scan large amounts of code quickly. They can detect suspicious patterns, compare logic across repositories, and generate hypotheses about bugs. That can help humans cover more ground.
But AI systems can also produce noise.
A tool that generates thousands of weak alerts is not useful unless someone can separate real vulnerabilities from irrelevant output. That is why triage matters. Security teams do not only need more findings. They need better prioritization.
The Ethereum Foundation post leans directly into that problem.
AI Can Expand Coverage, But Humans Still Decide The strongest use case for AI in protocol security is coverage.
Ethereum development involves multiple repositories, client implementations, devnets, specifications, and ongoing upgrades. Human reviewers are skilled, but time is limited. AI agents can act as a first layer of scanning, helping identify areas that deserve attention.
That does not mean the agents are trusted blindly.
In security work, a confident wrong answer can be dangerous. A vulnerability report needs to be checked, reproduced, ranked, and understood. False positives waste time. False negatives create risk.
That is why human review remains central.
The AI layer can help surface more possibilities. The human layer still decides what is real, what is urgent, and what needs to be escalated.
For Ethereum, that balance is particularly important because protocol changes can affect the network’s base assumptions. A poorly understood bug in consensus, execution, networking, or validator behavior is not something that can be handled casually.
Devnets Make The Process More Practical The mention of devnets is important.
Devnets give developers and security teams a controlled place to test upgrades before broader deployment. They are messy by design. Bugs, edge cases, and unexpected interactions can appear before code reaches wider testnets or mainnet.
AI-assisted scanning may be especially useful in that environment.
If agents can monitor devnets, compare behavior, or highlight potential regressions early, they can shorten feedback loops. That gives researchers more time to investigate issues before they become harder to fix.
This is not glamorous work. It is not a token launch or a consumer-facing app. But it is exactly the kind of infrastructure process that matters for Ethereum’s long-term reliability.
The market often focuses on price, fees, and ETF flows. Protocol security sits underneath all of that.
A More Automated Security Stack Ethereum is not the only ecosystem experimenting with AI-assisted security, but its approach carries weight because Ethereum remains the largest smart contract settlement layer.
If the Ethereum Foundation can show that coordinated agent workflows improve triage, other protocols may copy the model. Audit firms, bug bounty platforms, Layer 2 teams, and app developers are all looking for ways to use AI without lowering security standards.
The lesson is not that AI replaces auditors.
The lesson is that the security stack is becoming more automated at the edges. Scanning, alerting, pattern recognition, and early bug discovery can all become faster. The difficult judgment calls still need experienced humans.
That is probably the right balance.
Ethereum’s next major upgrades will continue to put pressure on client teams and protocol researchers. Better tooling can help them move faster without treating security as an afterthought.
The key is to keep the AI role properly bounded.
In Ethereum protocol security, the goal is not to generate more noise. It is to find the signals that matter before they become expensive.
This article is based on the Ethereum Foundation Protocol Security post “The Triage Is The Product.”
This article was written by the News Desk and edited by Samuel Rae.
The Ethereum Foundation has published a policy-focused guide aimed at governments, institutions, and public sector leaders, giving Ethereum a clearer educational entry point for non-technical decision makers.
The July 1 guide was released by the Foundation’s Global Policy Strategy team and frames Ethereum as neutral digital public infrastructure rather than simply a crypto asset or speculative network.
That distinction matters.
Policymakers often approach Ethereum through the lens of tokens, DeFi risk, stablecoins, or enforcement questions. The Foundation’s guide is designed to shift part of that conversation toward infrastructure: settlement, transparency, neutrality, programmability, and open access.
It is not an announcement of government adoption. It is not a partnership rollout. It is an educational resource. But it shows that Ethereum’s policy work is becoming more deliberate.
TL;DR The Ethereum Foundation has published a guide for governments and institutions. The guide frames Ethereum as neutral digital public infrastructure. It is an educational policy resource, not an announcement of formal government adoption. Ethereum Wants To Be Understood As Infrastructure Ethereum has always had a messaging challenge.
Inside crypto, users understand Ethereum as a smart contract platform, a settlement layer, a DeFi base, a token network, and an ecosystem for developers. Outside crypto, the picture is less clear.
To many policymakers, Ethereum may still look like a volatile asset market wrapped in technical language.
That is a problem if governments and institutions are trying to write rules for the network, use public blockchains, or understand where Ethereum fits alongside traditional financial infrastructure.
The Foundation’s guide attempts to close that gap.
By using the language of neutral digital infrastructure, Ethereum is being positioned closer to the internet, payment rails, public databases, and open financial standards. That framing is easier for policymakers to work with than a purely speculative asset narrative.
It also reflects how Ethereum is actually used.
Stablecoins settle on Ethereum and its Layer 2 networks. DeFi protocols rely on it for automated markets. Tokenized assets use its rails. Developers build financial and non-financial applications on top of it.
The ETH token matters, but the network is larger than the token.
Why Governments Need A Different Explanation Governments do not evaluate crypto the same way traders do.
A trader may ask whether ETH will outperform Bitcoin this quarter. A policymaker asks different questions: Who operates the network? Can it be censored? How transparent is it? What risks does it introduce? How does it interact with existing law? Can public institutions rely on it?
That is why educational material matters.
A policy guide gives officials a starting point that does not require them to understand every layer of Ethereum’s technical stack. It can explain why decentralization matters, how public infrastructure differs from private platforms, and why open networks create both benefits and risks.
This does not guarantee favorable regulation.
But it can improve the quality of the conversation.
Poorly informed policy often creates blunt rules that miss technical realities. Better education can help regulators distinguish between different types of activity: protocol infrastructure, wallet software, centralized intermediaries, DeFi applications, token issuers, and end users.
Ethereum has an incentive to make those distinctions clear.
Institutions Are Watching The Same Questions The institutional audience is just as important.
Banks, asset managers, payment companies, and market infrastructure firms increasingly study public blockchains. Some use private or permissioned systems. Others are testing tokenized assets on public networks. Many are still deciding how far they can go.
For those institutions, Ethereum’s neutrality is part of the appeal.
A public blockchain is not controlled by a single company. It can provide shared settlement infrastructure across multiple participants. But institutions also need comfort around compliance, security, finality, governance, and operational risk.
A non-technical guide cannot solve all of that, but it can make Ethereum easier to evaluate.
It gives policy teams, legal teams, and executives a more structured way to understand the network before they move into deeper technical analysis.
Education Is Becoming Part Of Ethereum’s Strategy The guide also shows how Ethereum’s strategy has matured.
The Foundation is not only funding protocol research or developer tooling. It is also working on policy literacy. That matters because the next stage of crypto adoption will be shaped heavily by regulation and institutional comfort.
Ethereum’s role in that future is not guaranteed.
Other networks are competing for stablecoins, tokenization, payments, gaming, DeFi, and consumer applications. Governments may prefer permissioned systems. Institutions may choose private ledgers. Regulators may impose rules that make public-chain use harder.
That is why Ethereum’s policy argument needs to be clear.
The Foundation is trying to explain why an open, neutral, programmable settlement layer has value beyond speculation.
Whether governments and institutions agree is another question.
But the guide gives Ethereum a more polished entry point into those conversations, and that is useful at a time when public blockchains are moving closer to mainstream financial and policy debates.
This article is based on the Ethereum Foundation Global Policy Strategy guide for governments and institutions.
This article was written by the News Desk and edited by Samuel Rae.
Tom Lee, the head of research at Fundstrat, believes that AI-related capital is shifting towards Ethereum rather than memory chip manufacturers. Over one month, ETH gained 24% while the Roundhill Memory ETF, or DRAM, fell by 38%.
En bref Tom Lee refers to an “AI downstream trade” that, in his view, favors Ethereum. Over the past month, the spread between ETH and the DRAM ETF has reached 7,200 basis points. For now, this thesis is based on performance, not on proven capital flows. Why Tom Lee talks about a rotation of AI towards Ether The market has already begun to treat Ether as a more cyclical asset than before. Tom Lee relies on this same strength to support his view.
In his post shared by Cryptopolitan, he observes a gap of 7,200 basis points between ETH and the Roundhill Memory ETF over one month.
Lee’s message is simple. When ETH advances 24% and DRAM falls 38%, he sees a shift of the “AI downstream trade” towards Ethereum. In other words, the capital that benefited from the AI infrastructure boom would be looking for a relay further down the value chain.
Tom Lee wrote on X: “The AI downstream trade continues to strengthen. Over one month, ETH outperformed the Roundhill Memory ETF (DRAM) by 7,200 basis points.”
This interpretation gives Ethereum a place in the AI narrative without reducing it to a mere speculative asset. It also has a clear limitation. Tom Lee does not show inflows towards ETH here, he only shows a performance gap between two assets operating in very different universes.
The memory chip ETF is not a perfect thermometer for AI DRAM is not an ETF like others. The fund, launched on April 2, 2026, presents itself as the first ETF entirely dedicated to memory manufacturers, notably DRAM, NAND, and high-bandwidth memory, or HBM. It thus serves as a proxy for part of the AI infrastructure, not for the entire sector.
The problem is that memory component prices do not always tell the same story as stocks. TrendForce predicted, on July 3, an increase of 13% to 18% in contractual DRAM prices in the third quarter of 2026, as well as a 10% to 15% increase in NAND Flash prices. IDC, for its part, still anticipates $758 billion in global AI-related spending by 2029. Thus, the fund remains promising, even if the DRAM ETF fell in the observed period.
In other words, the decline in the memory fund does not prove an exodus from AI. It may also reflect profit-taking, sector reallocations, or a simple rebalancing after a too rapid phase. Here again, Tom Lee reads a capital movement. The visible data mainly shows a difference in stock market behavior.
Why Ethereum still benefits from the AI narrative The case remains interesting for another reason. Ethereum is no longer limited to decentralized finance alone. Its settlement layer, its capacity to carry tokenization, and its role as on-chain infrastructure give it a new macro reading, especially when investors seek concrete uses beyond mining and trading.
Cryptopolitan also recalls that Lee sees Ethereum as a network likely to benefit from the growing AI needs in decentralized settlement, tokenization, and digital infrastructure. This thesis does not depend solely on the price of Ether. It also depends on the network’s ability to remain relevant when liquidity cycles change.
The market likes this type of narrative because it links two powerful themes, AI and crypto. However, one must not confuse narrative and evidence. For now, Ethereum mainly benefits from a favorable context, renewed interest in crypto ETFs, and a return of the programmable assets theme.
In short, Tom Lee’s interpretation says something useful about the market, but not yet about the flows themselves. ETH benefits from a broader narrative, memory remains under stock market pressure, and the rotation thesis towards Ethereum needs more solid data to be validated.
At this stage, the subject is still read as a market signal, not as definitive proof. To extend the reflection, Cointribune also covered tokenization as the next major project of finance.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
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.
An ascent to $2,400 or crash to $1,000: what comes next for ETH?
The second-largest cryptocurrency has staged a minor resurgence in the past few days, yet certain bullish signals suggest it could be on the verge of a further rally.
Analysts speculate that the price may soon surpass $2,300, while others warn that a potential drop to as low as $1,000 might also be on the way.
Exodus From Exchanges and More The popular analyst Ali Martinez revealed that investors have withdrawn roughly 1 million ETH (worth almost $2 billion) from centralized platforms over the last 30 days. A deeper look on CryptoQuant shows that the total figure has plummeted to around 15.1 million, marking the lowest level in the past 10 years.
ETH Exchange Reserve, Source: CryptoQuant Such action is usually considered an optimistic sign for the cryptocurrency, with Martinez explaining:
“Falling exchange balances typically point to reduced sell-side pressure, a trend that supports Ethereum’s bullish outlook.”
Another positive development surrounding the asset is the return of institutional interest. According to SoSoValue, inflows into spot ETH ETFs have been dwarfing outflows on most days this month, meaning that conservative investors like pension funds and hedge funds have increased their exposure, forcing BlackRock, Fidelity, VanEck, Franklin Templeton, and other financial behemoths to back the shares with real ETH.
Spot ETH ETFs, Source: SoSoValue Institutions aren’t the only ones ramping up their interest in the asset, as earlier this week, Arthur Hayes (co-founder of BitMEX) spent over $2.5 million to purchase 1,332 units.
The Latest Forecasts $2,300 appears to be a common short-term target outlined by multiple analysts. According to Ali Martinez, an increase of that magnitude is possible after the formation of a double bottom on ETH’s price chart and as long as the asset holds the $1,850 level.
You may also like: Franklin Templeton Exec Calls Agentic AI Crypto’s ‘Killer Use Case’ as ETH Nears $2K Ethereum Reclaims 10% Market Dominance as ETH Outperforms Top Cryptocurrencies Wrapped Ethereum Just Logged a Five-Year Whale Record: Here’s Why It Matters for ETH For their part, KALEO envisioned a pump to $2.3K by mid-August, which could then be followed by a major drop to $1,200 and a revival in October.
Crypto Patel also gave their two cents. The analyst described a potential surge to $2,160-$2,400 as a likely scenario, going even further to predict a possible explosion to as high as $10,000 in the event of a confirmed close above $2,400. At the same time, they suggested that a rejection from the depicted range may open the door to a whopping crash to $1,500-$1,000.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Market analyst Jordi Visser believes the next major cryptocurrency rally may depend on the return of a familiar force: retail investor enthusiasm.
Visser argues that the market is still missing the speculative energy that typically drives the final stages of major bull cycles.
In his view, Dogecoin (DOGE) is one of the clearest indicators of whether retail investors are returning.
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“The crypto advance continues with my 40 name ecosystem index closing above the mid-June highs and BTC just below,” Visser wrote.
“I am still looking for a true ecosystem breakout to need the energy from retail best seen from DOGE which had a record 65th close below the 20 day moving average.”
Visser’s thesis is not that Dogecoin directly controls the direction of Bitcoin or the entire crypto market.
Beyond Bitcoin Visser’s argument centers around his Crypto Financial Rails 40 Equal Weight Index, which is a basket that tracks the performance of the crypto ecosystem.
The index includes 40 crypto-related companies, protocols, and assets.
According to the performance chart shared by Visser, the Crypto Financial Rails 40 has outperformed both Bitcoin and Dogecoin in 2026.
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The index started the year at a level of 100 and fell sharply during the January and February market downturn, However, it recovered through the spring.
DOGE remained significantly weaker at approximately 57–58 than BTC and the broader index.
This clearly shows that retail-driven speculation has not yet returned.
Dogecoin’s longest streak below the 20-day moving average DOGE’s prolonged weakness relative to its short-term trend is truly staggering.
A 20-day moving average tracks the average closing price of an asset over the previous 20 trading days and is commonly used by traders to measure momentum.
When an asset consistently trades above the 20-day moving average, it usually indicates stronger buying pressure.
DOGE has now recorded its longest continuous streak of daily closes below its 20-day moving average.
On July 21, DOGE closed at approximately $0.0735, around 0.8% below its 20-day moving average.
The token had remained below that level for 65 consecutive days.
During this period, DOGE declined approximately 29.4%.
However, the current streak is not the most severe downturn historically. A previous 57-day period between January and March 2025 resulted in a much larger decline of about 50.7%.
The difference is that the current weakness is notable because of its duration.
At first glance, DOGE’s poor performance appears negative.
Despite its prolonged weakness, Dogecoin has recently shown signs of stabilization.
The token is trading near $0.072. However, the asset has yet to produce the type of explosive breakout associated with previous meme coin cycles.
Dogecoin is currently defending a significant support level near $0.0711 as technical signals point to a potential shift in market momentum. The memecoin is navigating a multiyear bullish divergence while trading at a zone that has historically marked important turning points, according to market analysts.
Technical patterns shape outlookAnalyst Surf identified a hidden bullish divergence on the Dogecoin chart, noting that the coin has created a higher low in price between June 2022 and June 2026, while its monthly relative strength index (RSI) has moved to a lower low during the same period. This divergence indicates that the downward momentum may have compressed more rapidly than price itself, often seen as a precursor to a resumption of an uptrend within technical analysis.
Momentum has faded more than price in recent years, which can sometimes lead to the continuation of a broader upward trend. The current setup suggests a long-term structural opportunity, though it does not guarantee that a reversal has already begun.
Still, technical confirmation will require DOGE to maintain its rising support over multiple years and break above resistance levels nearby. Should the support fail, the underlying bullish divergence would be invalidated, increasing the risk of further losses and weakness in the price.
Key Gann level in focusDogecoin is also encountering the $0.0711 threshold on the Gann Square of 9, a technical indicator often used by traders to forecast market turning points and support/resistance levels. Analyst Cantonese Cat pointed out that DOGE has repeatedly responded to various Gann-derived levels throughout its 2021 to 2026 bear market.
Mini dictionary: Gann Square of 9, a technical analysis tool created by W.D. Gann, is used to identify likely support and resistance levels by plotting prices on a spiral grid based on square root calculations.
If Dogecoin successfully holds the $0.0711 support level, analysts believe it could stage a rebound targeting the next resistance levels at $0.0865 and $0.1051. However, chart observers caution that these Gann-based signals do not confirm market direction by themselves; DOGE would still need to regain both resistance levels before a broader trend reversal is evident.
LevelTypeImplication if held$0.0711Gann Key SupportRebound target at $0.0865, potential shift in momentum$0.0865Gann ResistanceConfirms partial reversal if broken$0.1051Gann ResistanceConfirms broader downtrend weakening if reclaimed$0.0585Next SupportRisk of further decline if $0.0711 breaks$0.0482Lower SupportAdditional downside if trendline failsConversely, if DOGE breaks down below $0.0711 in a sustained manner, the focus would shift to additional support levels near $0.0585 and $0.0482, which have been calculated based on similar Gann methodology.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Dogecoin (CRYPTO: DOGE) has closed below its 20-day moving average for a record 65 straight sessions, prompting veteran Wall Street investor Jordi Visser to argue that retail investors have yet to return to the crypto market.
What The 65-Day Record Actually MeansDOGE closed July 21 at $0.0735, sitting 0.8% below its 20-day moving average and marking its 65th straight session below that level, according to Visser’s data.
The previous record was 57 days between January and March 2025, a stretch that saw DOGE fall more than 50%.
The current streak started May 18 and has pushed DOGE down approximately 29.4%, with the deepest pullback reaching 18% below the moving average.
Visser said the weakness points to one thing: retail has not come back, and without that energy, the broader ecosystem rally stays incomplete.
Is A Monthly Signal Flashing A Reversal?Trader Tardigrade flagged the monthly Stochastic RSI hitting oversold on DOGE and pointed out the setup is identical to 2022, when the same signal bottomed and preceded a significant rally.
He argued the indicator has never failed to produce a major move from this level and suggested a new high is loading.
Where Does DOGE Stand Technically?DOGE slips to $0.07257, grinding along the $0.07 demand zone that has been tested repeatedly through July.
The Supertrend indicator remains firmly bearish at $0.07977, a level price has not challenged since June, with every major EMA stacked overhead as resistance.
However, derivatives volume fell 32% to $703 million and open interest sits near multi-year lows at $1.11 billion according to Coinglass, meaning traders are quietly stepping away right as price tests its most critical support.
What makes it worse is the positioning. Long/short ratios on OKX sit at 4.88 and Binance at 2.56, so the crowd is heavily betting on a bounce that has not arrived.
Long liquidations hit $847,000 in 24 hours against just $129,000 in short liquidations, with shorts barely touched, confirming sellers are comfortable and in control at current levels.
Key levels for DOGE: $0.07394 — 20-day EMA, first resistance above $0.07977 — Supertrend, the level that needs to flip for any structural change $0.0700 — demand zone floor being tested repeatedly $0.0600 to $0.0580 — next support zone if $0.0700 breaks Photo: alfernec on Shutterstock.com
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Dogecoin approached a decade-long ascending support trendline in July 2026, drawing renewed attention to its historical price patterns. The popular meme coin traded near $0.073 as traders closely watched whether this key technical zone would once again serve as a foundation for a potential recovery.
Key support from previous Dogecoin market cyclesTechnical analyst Trader Tardigrade identified the monthly chart’s ascending trendline as a significant marker, noting that Dogecoin tested this same support during 2017 and again in 2020. On both occasions, the token posted notable rallies after bouncing from this long-term floor.
Dogecoin’s latest return to this area in 2026 comes nearly ten years after its initial trendline interaction. Historical chart analysis marked each contact with upward arrows and increasingly prominent yellow bars, suggesting that previous touchpoints preceded major advances.
“The pattern repeats. The next pump is loading,” the analyst posted, highlighting the trendline’s influence on past cycles.
The token traded in a narrow band between approximately $0.070 and $0.076 while the monthly support trendline was tested. Market data placed Dogecoin near $0.073, with multiple long-term support indicators aligning in this region. Maintaining this range could help preserve the broader upward structure seen on multi-year charts.
Mini dictionary: Trader Tardigrade, an independent technical analyst active on social media, is known for tracking long-term support and resistance structures on cryptocurrency price charts. His analyses often reference historical patterns and trendlines in digital asset markets.
Technical indicators signal cautious optimismOn the daily timeframe, Dogecoin traded at $0.0731, reflecting a small sessional decline of 0.4%. The price remained below the midpoint of the Bollinger Bands at $0.0739, pointing to subdued buying momentum. Despite this, the lower Bollinger Band, positioned at $0.0701, continued to cushion recent price dips.
The token recorded a modest bounce after revisiting the $0.070 level earlier in July. Market observers noted that a move above $0.0777 would not only place Dogecoin above the upper Bollinger Band but could also pave the way for a push toward $0.08—a threshold not yet reclaimed.
IndicatorValue / StatusKey LevelCurrent price$0.0731–Bollinger Band (mid)$0.0739ResistanceBollinger Band (lower)$0.0701SupportDaily resistance$0.0777Breakout neededRecovery target$0.08Potential upsideTraders cautioned that a close below $0.070 could increase downside risk by opening the path to lower price supports. As such, price action within the current channel is seen as crucial for both short-term direction and the preservation of the long-term uptrend.
Momentum indicators reflected tentative signs of recovery. The MACD line remained above its signal line, and the histogram stayed in positive territory, suggesting growing bullish momentum following the earlier July slide. However, both MACD lines remained beneath the zero threshold, tempering optimism regarding a sustained upward move.
A confirmed breakout above $0.0777 is viewed as a critical development that could signal a stronger rebound and help reestablish momentum for the price toward the $0.08 level.
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.
Cardano wallet SecondFi is shutting down after a software exploit allowed attackers to steal 16.1 million ADA ($2.4 million) from 374 wallets.The breach stemmed from a vulnerability in transaction signing software that enabled the derivation of private keys from blockchain transaction data.SecondFi will release wallet export tools in early August and a recovery portal later that month, though no distribution date for recovered funds is set.Cardano wallet SecondFi is winding down after attackers exploited a flaw in its transaction signing software to steal 16.1 million ADA, worth roughly $2.4 million, from 374 wallets.
The service, which replaced EMURGO’s Yoroi wallet, said it will not resume normal operations despite patching the vulnerability.and at the time securing 129 million ADA before attackers could reach the funds.
The flaw allowed attackers to derive private key material from transaction data visible on the Cardano blockchain, SecondFi said. The Cardano network itself was not compromised, and hardware wallet users were not affected.
Groom Lake, the blockchain intelligence firm hired by EMURGO, found that the main attacker was sophisticated and well-funded. Some indicators point to North Korea’s Lazarus Group, though no attribution has been confirmed, the firm said.
A separate attacker targeted another set of wallets during the same period.
SecondFi expects to release wallet export tools in early August and a zero-knowledge recovery portal later that month. EMURGO has funded an asset recovery wallet, but no firm distribution date has been given.
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Crypto Flows, Share and the Selective Rotation
Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
5 hours ago
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
SecondFi, a Cardano wallet provider that succeeded EMURGO’s Yoroi wallet, is shutting down after a critical software vulnerability enabled attackers to steal 16.1 million ADA, valued at $2.4 million, from 374 user wallets. The company confirmed that the breach allowed bad actors to derive sensitive private keys directly from blockchain transaction data, enabling unauthorized access to users’ funds.
Details of the exploitSecondFi stated that the vulnerability was found in the transaction signing software, which failed to securely protect key material. This flaw made it possible to reconstruct users’ private keys using information displayed in Cardano blockchain transactions. Notably, the Cardano blockchain itself remained uncompromised and unaffected by the incident, and users of hardware wallets did not face any risk due to the isolation provided by secure devices.
The platform managed to secure 129 million ADA before attackers could reach those funds, helping to reduce the impact of the breach. Normal wallet operations have been discontinued, as SecondFi confirmed that it does not intend to resume business despite fixing the software error.
Groom Lake, a blockchain intelligence firm retained by EMURGO, investigated the incident and concluded that the primary attacker showed a high degree of sophistication and access to substantial resources. While some indicators suggested links to North Korea’s Lazarus Group, Groom Lake stated there is no definitive confirmation of attribution at this time.
A secondary attacker also exploited the vulnerability, targeting a separate set of wallets during the same breach period. SecondFi provided assurances that hardware-stored wallets had no exposure to these attacks.
Mini dictionary: Groom Lake, a blockchain security and intelligence firm specializing in forensic investigations and threat attribution for on-chain exploits. The firm was chosen by EMURGO to analyze the SecondFi security breach.
SecondFi described the breach as originating from a weakness in its transaction signing software, which let attackers reconstruct private key material and compromise user accounts, but emphasized that hardware wallet users were not affected.
User support and next stepsSecondFi plans to release wallet export tools in early August, enabling users to safely retrieve and transfer their Cardano holdings. In addition, a zero-knowledge recovery portal is scheduled for launch later in the same month to facilitate a privacy-preserving recovery process for affected users.
EMURGO, the blockchain technology company that initially developed the Yoroi wallet and later transitioned to SecondFi, has funded an asset recovery wallet. However, SecondFi has not announced any specific timelines for the return of lost ADA, and the distribution date for recovered assets remains undetermined.
The Cardano blockchain was not compromised by these exploits, and users employing hardware wallets face no risk from this vulnerability, SecondFi reported.
A separate attacker who used the same exploit also targeted wallets during the breach period. SecondFi stated that coordination with blockchain security partners and the broader Cardano community is ongoing as they work toward mitigating further fallout from the incident.
Wallet typeAffected by breachSoftware wallet (SecondFi)YesHardware walletNoSecondFi’s decision to shut down comes as the company continues to collaborate with stakeholders to deliver support tools for users and investigate the source of the incident.
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.
