Solana is maintaining its position above a critical support level, as the blockchain platform resists further downside pressure. Market analysts indicate that a sustained move above $98 could open the door to higher targets, possibly reaching $120 and beyond in the coming months.
Analysts highlight key price levelsAfter briefly dipping below its established trading range, Solana bounced back to defend its lower boundary. Crypto strategist Michaël van de Poppe identified this renewed strength, suggesting that the current structure may provide the foundation for a rally toward $120.
The $75 mark remains a pivotal level for Solana, having served as reliable support in recent sessions. Holding this area may give SOL, the blockchain’s native token, the momentum to challenge immediate resistance and potentially attempt to retest the upper limit of its trading range near $98.
Staying above $75 could create the conditions for Solana to take on its next resistance barriers, with analysts emphasizing that the zone just below $100 is especially significant for gauging renewed bullish interest.
Should Solana establish a breakout above $98, technical analysis points to a possible advance toward the $118–$127 range, which has served as a resistance cluster in previous moves.
Price LevelKey Role$60–$65Deviation/Last support zone$68Secondary support$70–$75Primary support$98Major resistance / Breakout level$118–$127Target resistance zone$150Analyst target for OctoberUpside and downside scenariosAnalyst Shah pointed out that, if Solana consolidates above its current support and begins reversing its trend of lower highs, a move toward $150 by October may become feasible. This outlook hinges on continued strength at the $75 level and follow-through above the $98 resistance.
The $90–$100 band is seen as the first major hurdle on this path. Regaining a foothold in this region may provide further confirmation that the trend is shifting, possibly triggering a push to the upper resistance zone around $120–$125.
Despite the optimism among some analysts, the overall chart does not yet signal a confirmed rally toward $150. The price must prove its resilience above $75 to maintain a constructive structure, while further downside below this level could undermine bullish targets for the rest of the year.
Risks to the outlookIf SOL fails to hold the $70–$75 region, technical signals suggest a renewed threat of decline. A drop below this support could retest the recent low near $60 and would likely invalidate any near-term aim for $150.
Solana is a high-performance, proof-of-stake blockchain known for its fast transaction speeds and low fees, making it a favored platform for decentralized applications. Its token, SOL, is among the largest cryptocurrencies by market capitalization.
Mini dictionary: Solana is a blockchain platform focused on high throughput and low-cost transactions, with its native token SOL facilitating payments, staking, and governance functions within its ecosystem.
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.
Melee Markets, an emerging Solana prediction market application, has revealed the mechanics behind its Parimutuel Market Maker model.
Designed to enable permissionless prediction market creation, Melee’s PMM architecture represents an ambitious departure from the order book model made popular by heavyweights like Polymarket and Kalshi.
With Melee approaching its mainnet launch, prediction markets sit at a critical inflection point as traders eagerly await the next landmark event following the Football World Cup.
The Parimutuel Market Maker After raising $3.5M in last year’s September pre-seed, Melee Markets is closer than ever to its mainnet launch, bringing permissionless prediction markets to Solana DeFi. Originally touted as “pump.fun meets PolyMarket”, Melee Markets has published further details on its novel design, the Parimutuel Market Maker.
Unlike existing prediction markets, which rely on orderbooks and professional market makers, Melee claims its PMM pools enable permissionless market creation and profitable passive liquidity provision.
In the simplest terms, Melee’s PMM is a passive liquidity pool that, similar to rival prediction markets, resolves to one of several mutually exclusive outcomes. Market participants can join presales to obtain pool shares and provide initial liquidity, with resolution share prices changing dynamically based on trading activity.
Open positions continuously grow based on counterparty liquidity rewards and on spread captured by an instant cashout vault, creating what Melee Markets calls a rising minimum-return floor.
According to simulated tests on 126 ‘15 Minute BTC Up-or-Down’ markets, Melee’s PMM model returned higher profits in 65.1% of winning positions when compared against traditional market structures. Melee attributes this edge to counterparty rewards, highlighting that heightened volatility resulted in greater outcomes for participants.
Prediction Markets Seek Continuation Following World Cup Melee Market’s drive towards mainnet launch comes in the wake of one of the biggest events in the prediction market calendar. According to Artemis Data, the 2026 FIFA World Cup drove trading volumes on venues like Kalshi to new all-time highs. In the tournament’s first week, prediction markets collectively witnessed over $17B in trading volume.
With the great speculative event behind us, prediction markets may face a quieter period over the coming weeks and months until the US midterm elections. Onchain data suggests prediction market trading on Solana may be slowing down, with World.xyz spot volumes dropping after recording all-time highs during the World Cup Final.
Between onchain venues like World.xyz, and creative new mechanisms like Melee Market’s PMM, Solana DeFi is one step closer to challenging the dominance of established platforms and joining the race in one of crypto’s biggest verticals.
Read More on SolanaFloor JTX if finally here
Jito’s JTX Goes Live, Giving Solana DeFi Its First Professional-Grade Trading Venue
TLDR: RWA perpetuals now represent nearly 35% of on-chain perpetual trading, with June volume reaching about $118 billion across 652 markets. Public equities control 46% of RWA open interest, supported by roughly $2 billion in positions, $2.2 billion in daily volume and 411 markets. Hyperliquid HIP-3, Solana and exchange-based tokenized stock products are widening round-the-clock access to equities, indices and commodities. Oracle failures, weekend pricing gaps, concentrated liquidity and uneven investor rights create new risks as leveraged RWA markets expand. RWA perpetuals now account for nearly 35% of total on-chain perpetual trading volume in early Q3 2026. Their share stood at only 0.16% in Q4 2025, showing how quickly traditional-market exposure has moved onto crypto rails.
June volume reached about $118 billion, while the number of available markets expanded to 652. Other market trackers also recorded more than $100 billion in June volume and over 600 listed contracts.
Public equities lead the expansion as traders seek leveraged, round-the-clock access to familiar companies without using traditional brokerage hours.
RWA Perpetuals Shift Demand Toward Public Equities Public equities now represent 46% of RWA perpetuals open interest. The segment holds roughly $2 billion in outstanding positions and generated about $2.2 billion in 24-hour volume.
Source: Cryptorank It also supports 411 active markets, compared with 54 precious-metals markets and 41 equity-index markets.
That concentration shows traders prefer listed companies over less liquid real-world assets. Equity contracts offer clear price references, frequent news events, and deep underlying markets.
Earnings, guidance, and macro data can quickly create trading opportunities. Stock perps also remain active when traditional exchanges close.
These contracts provide synthetic price exposure rather than direct share ownership. Traders can open long or short positions, often using USDC collateral, but receive no voting rights or dividends.
Funding rates and oracle prices keep each contract linked to its underlying stock. A Micron contract on TradeXYZ, for example, trades continuously through Hyperliquid infrastructure.
Hyperliquid’s HIP-3 framework has accelerated this shift by allowing qualified builders to deploy custom perpetual markets. The protocol requires deployers to stake 500,000 HYPE, creating an economic backstop for market operators.
HIP-3 markets cover equities, indices, commodities, and pre-IPO references.
The broader tokenized-equities market is also expanding across Solana, Kraken, Bybit and Robinhood-linked infrastructure. Solana accounted for 97% of cumulative tokenized-equity spot volume in May.
Kraken separately expanded xStocks to 100 backed US stocks and ETFs, widening access outside standard market hours.
RWA Perpetuals Growth Exposes New Risks Across Platforms The rapid rise of RWA perpetuals introduces risks that differ from crypto-native contracts. Equity markets close overnight and on weekends, while on-chain perps continue trading.
Platforms must manage price gaps, funding changes and thin liquidity when primary exchanges are inactive.
Oracle dependence creates another weak point. RWA contracts rely on external feeds for stock, index and commodity prices.
Ostium halted trading after an attacker manipulated its price-reporting infrastructure and drained about $18 million in USDC during July. The incident showed how a compromised oracle component can turn false prices into profitable trades.
Liquidity is also concentrated among a small group of venues and builders. TradeXYZ has controlled most HIP-3 open interest during several growth phases.
Such dominance can improve execution, but it increases exposure to one platform’s technology, market design, and risk controls.
Regulatory treatment remains uneven. Some tokenized shares represent backed instruments, while equity perps provide only cash-settled exposure.
Jurisdiction, investor rights, custody, and disclosure rules vary across platforms. Traders must therefore examine contract terms, oracle design, liquidation rules, and weekend pricing before taking leveraged positions.
22 July 2026 | 19:46 Solana is trading around $78, caught between improving spot ETF flows and a technical structure that has not yet committed to a direction.
Key Takeaways Four consecutive ETF weeks remain positive. Current inflows exceed three prior weeks combined. SOL remains trapped between $73 and $84. $79 is the first breakout hurdle. Alpenglow could become the next catalyst. The price has recovered substantially from the June low near $60, but it remains inside the $73 to $84 range that has controlled trading since the crash. SOL is also sitting just below its flat 100-day simple moving average at $79, placing the market directly beneath its first meaningful resistance.
At the same time, Solana spot ETFs have recorded four consecutive positive weekly readings, creating a more supportive flow backdrop while the chart remains unresolved.
ETF Demand Is Accelerating, Not Merely Staying Positive The four-week sequence shows uninterrupted net inflows into Solana spot ETFs, but the size of those inflows has changed considerably.
Weekly Reading Total Net Inflow July 21, 2026 $8.47 million July 17, 2026 $948,210 July 10, 2026 $930,430 July 2, 2026 $5.75 million The latest $8.47 million total came from $2.64 million on July 20 and another $5.83 million on July 21, per SoSoValue data. Those two days alone brought in more than the approximately $7.63 million recorded across the previous three positive weekly readings combined.
The concentration of demand in the latest period strengthens the flow signal, but ETF inflows do not automatically resolve the price structure. SOL remains below the resistance levels that have repeatedly contained the recovery, meaning the data supports the base without confirming a breakout.
The June Crash Has Turned Into a Defined Range The June decline pushed Solana toward $60 before buyers established a recovery. Since then, price has formed a sequence of higher lows, but every stronger advance has stalled beneath the upper part of the current range.
Daily Solana technical price chart / Source: TradingView The result is a sideways consolidation between approximately $73 and $84. The rising 50-day simple moving average at $73 now overlaps with the lower boundary, giving the range floor both horizontal and moving-average support.
SOL is positioned near the middle of that structure rather than at either extreme. That limits the significance of small daily moves around $78, as price is neither breaking resistance nor threatening the base.
The flat 100-day average reinforces the neutral reading. Its position directly above the market shows that the earlier downtrend has lost some momentum, but it has not yet been replaced by a confirmed uptrend.
$79 Opens the Door, but $84 Confirms the Move The first test is the 100-day average at $79. A daily close above it would move SOL out of the middle of the range and reopen the path toward $84, where the recovery stalled around the middle of July.
Reclaiming it would improve the short-term structure, but the more important confirmation sits at the range ceiling. A move above $84 with stronger volume would produce the first higher high since May.
That would change the character of the recovery. Instead of continuing to rotate between established support and resistance, SOL would begin breaking the sequence that has kept it under pressure since the earlier highs.
The falling 200-day simple moving average at $89 would then become the next visible obstacle, testing whether the market can extend beyond a range breakout into a broader trend reversal.
The relative strength index is near 55, leaving room for price to move in either direction. Momentum is neither overbought nor deeply weakened, so the outcome is more likely to depend on how SOL reacts at 100 SMA and $84 than on an extreme indicator reading.
Why the $73 Floor Might Define the Entire Base The $73 area combines the range floor with the rising 50-day average, making it the level that protects the recovery from returning to its June structure.
A rejection below the 100-day average would initially keep SOL trapped inside the range. Price could rotate back toward $73 without invalidating the base, provided buyers continue defending that area. A daily close below $73 would be more damaging. It would break both horizontal support and the moving average that has risen beneath price during the recovery. That loss would expose the lower recovery zone near $66, followed by the June base around $60. A return to those levels would show that the recent consolidation failed to establish a durable floor.
Alpenglow Adds a Catalyst Beyond ETF Flows Solana is approaching the expected activation window for its Alpenglow consensus upgrade, scheduled for mainnet between August and October 2026.
The timing remains contingent on the release of the Agave 4.2 client and sufficient validator key registrations to complete the required testing and security audits.
Alpenglow represents a complete overhaul of Solana’s consensus layer, replacing Proof of History and Tower BFT. The approaching upgrade could attract additional market attention while ETF inflows are strengthening.
However, the event would not confirm that the range has ended while SOL remains below $79 and $84. A stronger response would require continued ETF demand, a reclaim of the 100-day average and enough volume to clear the July ceiling. Without that combination, Alpenglow may strengthen the narrative around Solana while price continues moving sideways.
Between Flows and Structure Solana’s backdrop is becoming more constructive, but the price has not yet followed with the same conviction. ETF demand is strengthening and Alpenglow provides a potential catalyst, while the chart remains confined beneath its main resistance levels.
The structure therefore stays neutral until the range resolves. Buyers have protected the recovery so far, but only a confirmed move through the upper boundary would turn the consolidation into something more durable.
This article is provided for informational purposes only and does not constitute financial, investment or legal advice.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
The 0x Solana API now routes swaps involving Token2022 (Token Extensions) tokens. Existing integrations pick this up automatically: no code changes, no new parameter, no version bump.
Teams can now route common Token2022 assets, including PayPal USD (PYUSD), Global Dollar (USDG), tokenized equities, and launchpad tokens.
How it worksTo support Token2022, DEX programs added a second instruction variant that includes the token mint account, letting the DEX check which extensions are active before it builds the swap. Solana caps account locks and transaction size per transaction, so carrying that extra account on non-Token2022 swaps adds real, unnecessary cost.
The Solana Swap API routes around that cost automatically. Pairs not involving Token2022 keep using the lean, existing instruction. Only pairs that touch a Token2022 token switch to the mint-aware variant. Every route gets the cheapest instruction set for the tokens it actually contains, so Token2022 support doesn't tax the swaps that don't need it.
What to knowFor integrators, request and response shapes are unchanged.
Token2022 routing is live across the major of venues and is extending to the full Token2022-ready DEX set as the remaining venues are enabled. The /enabled-sources endpoint returns the current list.
Use casesStablecoin routing: A wallet quoting PayPal USD (PYUSD) or Global Dollar (USDG) pairs settles them directly through the Solana Swap API instead of dropping the request.Tokenized equities: An app offering tokenized securities issued in Token2022 format executes in and out of those assets through the same swap flow it already uses.Launchpad tokens: An aggregator integrated with a Solana launchpad routes that launchpad's Token2022 tokens without handling a rejection.Bridged assets: A wallet supporting tokens bridged to Solana in Token2022 format routes them exactly as it routes SPL tokens.See the guide for the full API reference & examples.
Start building for free by signing up through the 0x dashboard.
Spot cryptocurrency ETFs recorded strong net inflows on July 21, with Bitcoin and Ethereum products leading the session, according to data from several analytics platforms. The figures show continued investor interest and rising capital commitments across leading crypto assets for a sixth consecutive day in Bitcoin’s case and a third for Ethereum.
Bitcoin ETFs extend inflow streakSpot Bitcoin ETFs brought in $203 million in net inflows on July 21, data from SoSoValue and Wu Blockchain revealed. This marked the sixth consecutive day of net positive flows for US-based Bitcoin investment products.
SBlockSpy, a market tracking account, posted a similar figure of $203.2 million for the day and calculated that the combined inflows for the six-day streak totaled approximately $930 million. These continued inflows highlight persistent institutional and retail demand for spot Bitcoin ETFs.
BlackRock’s iShares Bitcoin Trust (IBIT) led the daily rankings, adding $163.9 million in net inflows. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed, attracting $23.1 million. This dominance by two of the world’s largest asset managers underscores institutional adoption of exchange-traded Bitcoin products.
Spot Bitcoin ETFs registered $203 million in net inflows on July 21, making it the sixth successive day of positive flows, while spot Ethereum ETFs reported $37.47 million in net inflows, extending their own streak to three days.
Ethereum ETFs maintain momentumSpot Ethereum ETFs also ended July 21 with another positive day, posting $37.47 million in net inflows. This continued the run to three consecutive days of incoming capital, as reported by Wu Blockchain and confirmed by market commentator That Martini Guy.
While Ethereum’s figures were below Bitcoin’s, the positive net flows suggest increasing appeal for regulated ETH investment products. The data indicates that, despite being outpaced by Bitcoin, Ethereum ETFs are holding investor attention after a period of mixed daily flows.
Market participants are now watching closely to see if Ethereum ETFs can extend their streak and attract greater capital throughout the week.
ETFJuly 21 Net InflowStreakBitcoin ETFs$203 million6 daysEthereum ETFs$37.47 million3 daysSOL and XRP enjoy rising ETF demandInterest in spot crypto investment products also spread to Solana (SOL) and XRP, which both posted notable inflows on July 21. That Martini Guy noted that Solana products brought in $5.83 million, while XRP ETFs registered $5.66 million. These inflows indicate that institutional and retail investors are beginning to diversify asset exposure beyond Bitcoin and Ethereum.
Although these sums remain much smaller compared to the Bitcoin and Ethereum ETFs, the expanding interest underscores a broadening of the market’s focus within regulated crypto products.
ETF inflows can shift rapidly depending on price action and investor sentiment. However, consistent multiday inflow streaks are often regarded as a sign of growing confidence among traditional market participants seeking exposure to crypto assets. The coming days may determine whether this positive momentum continues or reverses.
Institutional money is beginning to move beyond Bitcoin and Ethereum, with new capital entering Solana and XRP ETFs, according to recent market data.
Mini dictionary: Wu Blockchain, a widely followed industry news account, provides real-time blockchain and cryptocurrency market data, often aggregating fund flow information and analytics from multiple providers.
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.
Grayscale has filed a new Form 8-K tied to its Solana product, outlining a trust agreement amendment that would allow net staking rewards to be distributed to shareholders at least quarterly.
The filing relates to Grayscale Solana Staking ETF, or GSOL, and was filed with the SEC on July 17. The amendment is expected to become effective on August 7, 2026.
The key point is that this is not a spot Solana ETF approval story.
The filing concerns how staking rewards may be handled for the existing Solana-linked trust structure. It introduces a cash payout mechanism for net staking rewards, which could make the product more attractive to investors who want Solana exposure with a clearer income component.
For Solana, it also shows how staking economics continue to shape institutional product design.
TL;DR Grayscale filed a Form 8-K tied to its Solana staking product on July 17. The amendment would allow net staking rewards to be paid to shareholders at least quarterly. The filing concerns distribution mechanics, not approval of a new spot Solana ETF. Solana Staking Is Becoming Part Of Product Design Solana is a proof-of-stake network, which means staking is central to how the network works.
Tokenholders can delegate SOL to validators and earn rewards for helping secure the chain. In direct ownership, those rewards are part of the appeal. But when investors access SOL through a trust or fund product, staking becomes more complicated.
Who controls the staking process? How are rewards calculated? What fees are deducted? Are rewards reinvested or paid out? How often are distributions made? What risks come with validator selection?
These are not small details for institutional investors.
A product that holds staked SOL but does not clearly pass benefits through to shareholders may be less attractive than one with a defined payout structure. Grayscale’s proposed amendment addresses that question by introducing cash payouts of net staking rewards at least quarterly.
That gives investors a clearer framework for how staking income may be reflected.
Why Quarterly Payouts Matter Quarterly payouts make the product easier to understand.
Traditional investors are used to funds that distribute income on a schedule. Bond funds, dividend funds, and other yield-linked products often use regular distributions to make income visible.
Crypto staking rewards are different, but the investor expectation can be similar.
If a Solana product can translate staking rewards into scheduled cash payouts, it may become easier for advisors, funds, and institutions to evaluate. It turns an on-chain reward mechanism into something closer to a familiar financial product feature.
That does not remove risk.
Staking yields can fluctuate. Validator performance matters. Network conditions can change. Fees and expenses reduce net payouts. Regulatory treatment may evolve.
But the structure is more legible to traditional investors than a vague promise of staking exposure.
Not A Spot ETF Approval It is important to keep the filing in proportion.
The Form 8-K does not mean regulators have approved a new spot Solana ETF. It does not mean Solana has cleared the same path as Bitcoin or Ethereum in the ETF market. It is a trust agreement amendment involving distribution mechanics.
That distinction matters because Solana ETF speculation has been a major market theme.
Traders often react quickly to anything involving Grayscale, Solana, SEC filings, or staking language. But not every filing is an ETF approval milestone. Some filings deal with product operations, disclosures, agreements, or shareholder mechanics.
This one is about staking reward distributions.
That is still meaningful, especially for investors watching how crypto products evolve. It just should not be misread as a regulatory green light for a spot Solana ETF.
Solana Products Are Getting More Sophisticated The broader trend is that Solana investment products are becoming more sophisticated.
As Solana’s network activity, DeFi ecosystem, and institutional profile grow, asset managers have more reason to design products around SOL exposure. Staking is a natural part of that conversation because it is embedded in the network’s economics.
For institutions, the question is not only whether they want SOL exposure. It is what kind of exposure they want.
Direct custody gives maximum control but requires operational infrastructure. Fund products simplify access but introduce fees, structures, and rules around staking. A trust with scheduled net reward payouts sits somewhere in the middle.
Grayscale’s filing shows how these products may evolve before or alongside any future ETF decisions.
Solana investors should watch the effective date and any further disclosures about payout mechanics, expenses, and staking operations.
For now, the filing adds another institutional layer to Solana’s market story.
It does not change the regulatory status of spot Solana ETFs, but it does show that staking rewards are becoming harder for asset managers to ignore.
This article is based on Grayscale’s July 17 SEC Form 8-K filing for GSOL.
This article was written by the News Desk and edited by Samuel Rae.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Key Takeaways Tesla’s Q2 2026 earnings announcement arrives Wednesday after market close, with analysts forecasting revenue between $26.2 billion and $27.3 billion, representing approximately 16% annual growth Second quarter vehicle deliveries reached 480,126 units, marking a 25% year-over-year increase powered by the refreshed Model Y production ramp, aggressive pricing strategies, and diminishing political controversy Consensus estimates point to adjusted earnings per share of $0.50–$0.55; adjusted EBITDA anticipated around $4 billion versus $2.3 billion in the prior-year period Analysts project deeply negative free cash flow of approximately -$3.25 billion as capital expenditures surge to $6.7 billion for Optimus robot manufacturing, Cybercab development, and artificial intelligence infrastructure TSLA shares have declined roughly 16% in 2026; the company has fallen short of adjusted EPS consensus in five out of eight recent quarters Tesla’s second quarter 2026 financial results arrive Wednesday evening, and unlike previous reporting periods, automotive sales aren’t generating the most anxiety. Trading at $378.93 before Wednesday’s session, the stock has surrendered approximately 16% of its value since January.
Tesla, Inc., TSLA
Analyst consensus calls for quarterly revenue landing between $26.21 billion and $27.3 billion, representing roughly 16% growth versus the comparable 2025 period. On the bottom line, Wall Street anticipates adjusted earnings per share in the $0.50 to $0.55 range, improving from $0.40 one year earlier. Adjusted EBITDA estimates center around $4 billion, approaching double the $2.3 billion recorded in Q2 2025.
Vehicle delivery figures have already been disclosed, and they exceeded expectations. Tesla announced Q2 deliveries totaling 480,126 units, climbing 25% annually and significantly surpassing Bloomberg’s consensus forecast of 397,466 vehicles.
Multiple factors contributed to the outperformance. Production of the redesigned Model Y has reached full capacity following last year’s factory retooling that temporarily constrained output. The company has implemented aggressive price reductions across global markets, stimulating customer demand. Energy storage installations also surged, reaching 13.5 GWh — exceeding Q1’s 8.8 GWh by more than 50%.
Geographic performance shows divergence. Domestic US sales face headwinds, with Cox Automotive estimating a 20% decline following the elimination of federal EV tax incentives. European markets tell a different story. Registrations across Greater Europe jumped nearly 108% in May, with EU-specific registrations more than doubling. Tesla’s response included announcing expanded production capacity at its German Gigafactory.
Chinese market dynamics remain supportive. Deutsche Bank analyst Edison Yu identified Europe as “the standout driver” while noting China continues providing meaningful contribution.
Deepwater Investment’s Gene Munster attributed strengthening demand to the conclusion of what he termed “the EV winter that started in March of 2024,” combined with elevated gasoline prices and waning political controversies associated with DOGE.
Cash Flow Takes Center Stage Wednesday’s primary concern isn’t top-line growth or unit volumes — it’s liquidity. Consensus estimates project Q2 free cash flow deteriorating to approximately -$3.25 billion. This represents a stark reversal from positive FCF of nearly $5.6 billion in Q2 2025. Capital expenditures are forecast at $6.7 billion for the current quarter.
Tesla’s investment spans several initiatives simultaneously: Optimus humanoid robot manufacturing infrastructure, artificial intelligence data center construction, and Cybercab production scaling. For full-year 2026, Tesla has communicated guidance of $25 billion in capital spending, more than doubling the sub-$10 billion invested during 2025.
Automotive gross margins, excluding regulatory credit revenue, are projected around 18%, declining approximately one percentage point sequentially from Q1.
Musk’s AI Commentary Takes Priority The earnings conference call commences at 5:30 p.m. Eastern time. CEO Elon Musk’s participation is anticipated, and market observers suggest his remarks regarding artificial intelligence initiatives — Robotaxi development, Optimus progress, data center expansion — will influence investor sentiment more than quarterly financial metrics.
Morgan Stanley analyst Andrew Percoco articulated the situation directly: “As capex more than doubles and free cash flow turns negative, investors are increasingly focused on evidence that Tesla’s spending is strengthening its physical AI moat.”
An additional consideration entering the announcement: Tesla has underperformed adjusted EPS consensus estimates in five of the previous eight quarters.
Key Takeaways GEV shares declined 2.7% in premarket activity following a Q2 adjusted EPS of $2.47, falling short of the $3.04 analyst estimate Quarterly revenue reached $11.1 billion, representing a 22% year-over-year increase and surpassing the $10.73 billion forecast Company elevated full-year 2026 revenue projections to a range of $45.5–$46.5 billion Free cash flow forecast significantly upgraded to $11.5–$12.5 billion, up from the previous $6.5–$7.5 billion range New orders jumped 88% organically to $24.2 billion, driven primarily by the Power and Electrification divisions GE Vernova unveiled its Q2 2026 financial results on Wednesday, delivering mixed outcomes that exceeded revenue expectations while falling short on earnings. Shares retreated 2.7% during premarket hours following the announcement.
GE Vernova Inc., GEV
The company’s adjusted earnings per share registered at $2.47, significantly trailing the Street’s consensus forecast of $3.04. On the top line, quarterly revenue totaled $11.1 billion, exceeding projections of $10.73 billion and marking a 22% increase compared to the prior-year period.
This expansion was primarily fueled by robust performance in the Power and Electrification divisions, which demonstrated 12% organic growth. These two business units have served as the foundation of GEV’s growth narrative over recent quarters.
$GEV Q2’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $11.10B (Est. $10.7B) 🟢; +22% YoY
🔹 Orders: $24.2B; +88% organic
🔹 Backlog: $176B; +$13B QoQ
🔹 Data Center Orders: Over $5B YTD, more than double 2025 total
Notwithstanding the earnings shortfall, company leadership elevated its full-year 2026 revenue outlook to $45.5–$46.5 billion. This represents an increase from the previous forecast of $44.5–$45.5 billion, positioning the midpoint slightly above the analyst consensus of $45.45 billion.
Cash Flow Guidance Sees Dramatic Upgrade Perhaps the most significant development emerged in cash generation projections. GEV boosted its full-year free cash flow guidance to $11.5–$12.5 billion, representing a substantial increase from the earlier projection of $6.5–$7.5 billion.
During the second quarter, free cash flow totaled $5.1 billion — surpassing the company’s entire 2025 annual generation. Management attributed this performance to enhanced working capital management and robust EBITDA growth.
The order book provided additional positive momentum. Total orders climbed 88% organically to $24.2 billion for the quarter, versus $12.4 billion in the corresponding period last year. Within the Power division, the company secured 20 GW worth of new gas equipment agreements, expanding its backlog to 116 GW.
Chief Executive Scott Strazik indicated the company anticipates having no fewer than 125 GW of gas equipment under contract by the close of 2026, while maintaining its trajectory to achieve annual gas turbine production capacity of 20 GW in Q3 2026, with further expansion to 24 GW planned for 2028.
Wind Division Continues to Underperform The results weren’t uniformly positive across all segments. The Wind division remained challenged, posting a 10% revenue decline alongside an EBITDA deficit of $275 million. Elevated Offshore Wind project expenses and reduced Onshore Wind equipment shipments were identified as primary headwinds.
By contrast, the Electrification division delivered strong results. Core profit surged to $671 million from $314 million in the year-ago quarter. Year-to-date data center orders surpassed $5 billion, more than doubling the complete 2025 fiscal year total.
The Power division generated core profit of $1.03 billion, representing approximately 31% year-over-year growth.
GEV acknowledged that international tariffs are projected to introduce $100–$200 million in additional costs during 2026, even accounting for contractual protections and mitigation initiatives.
The company reaffirmed its adjusted EBITDA margin guidance range of 12%–14% for the complete fiscal year.
The overall backlog currently totals $176 billion.
In brief U.S. prosecutors have seized more than $25 million in cryptocurrency linked to international fraud schemes that targeted victims across the U.S. and Canada. The money was recovered through five civil forfeiture complaints filed Tuesday in Washington, D.C., tied to investment and romance scams. It adds to the more than $800 million recovered by the Scam Center Strike Force, launched in late 2025. U.S. prosecutors have seized more than $25 million in cryptocurrency tied to international scams that defrauded thousands of victims across the United States and Canada, the Justice Department said Tuesday.
The U.S. Attorney's Office for the District of Columbia, working with the Secret Service's Washington Field Office, filed five civil forfeiture complaints on Tuesday, each tied to a separate investigation into fraudulent crypto investment platforms and online romance schemes. Agents said they traced illicit proceeds through hundreds of intermediary wallet addresses, where they had been commingled with funds from other victims.
Today, @USAttyPirro and the U.S. Attorney’s Office for the District of Columbia, together with the U.S. Secret Service Washington Field Office, announced that multiple investigations conducted by their Cyber Fraud Task Force have resulted in the seizure of more than $25 million…
— U.S. Attorney DC (@USAO_DC) July 21, 2026
The largest complaint seeks some $12.1 million tied to romance scams that hit more than 200 people, followed by about $10.4 million flagged by Canadian authorities across more than 270 suspected victim transactions. The three remaining cases range from $285,000 to $2.4 million, including one in which scammers posed as recovery agents offering to retrieve funds stolen in an earlier fraud.
In each case, the launderers were mostly based in Southeast Asia, with IP addresses in China, Malaysia, and Cambodia, prosecutors said.
The Scam Center Strike ForceThe seizure stems from the Scam Center Strike Force, launched in November 2025 by U.S. Attorney Jeanine Ferris Pirro. Investigators "cut through complex laundering schemes" to reach the money, Pirro said in a statement. The five investigations remain open, with the recovered funds bringing the strike force's total haul past $800 million.
In each case, prosecutors said, the launderers were mostly based in Southeast Asia, with IP addresses in China, Malaysia, and Cambodia—part of a scam economy increasingly run from the region and flagged by Interpol as a global threat.
Much crypto investment and romance fraud is operated out of forced-labor compounds in Cambodia, Myanmar, and Laos, where trafficked workers are coerced into defrauding victims worldwide. In October, U.S. and UK authorities charged Cambodia's Prince Group and seized more than 127,000 BTC from the network—then worth about $12 billion, marking the largest civil seizure and forfeiture in the DOJ’s history.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Bitcoin retreats from $67,000 amid broader market correction.
Original Image Credit: United States Department of the Treasury
Posted July 22, 2026 at 6:35 am EST.
Bitcoin has dipped below $66,000 after climbing as much as 2.5% to trade just shy of $67,000 on Tuesday for the first time since mid-June amid optimism around the Clarity Act and AI.
The move mirrors a broader market correction as investors await Alphabet’s earnings today.
This story is an excerpt from the Unchained Daily newsletter.
Subscribe here to get these updates in your email for free
Bitcoin and the broader crypto markets had rallied on reports that the White House on Monday night signed off on ethics language for the Clarity Act, the provision that had stalled the market-structure bill for months. Stoking further optimism, Treasury Secretary Scott Bessent on Tuesday told Fox Business that the bill is at the “1-yard line,” urging a vote before the August recess.
In the backdrop was also a broader tech rally on optimism around AI demand and looming earnings reports. Bitcoin had fallen in tandem with these stocks last Friday.
The End of Crypto Winter? The Clarity Act optimism and the recent rally had again stoked speculation that the extended crypto market downturn is at an end.
“If [Clarity] passes, winter is over,” Bitwise investment chief Matt Hougan said on X. Amid recent developments the market is underestimating the chances of the bill passing this year, Hougan said.
Polymarket bettors most recently put the odds of the bill passing this year at 41%.
The bill has just over 10 working days left till the August recess and needs 60 votes in the Senate, which would require at least seven Democrats to cross over.
Related Listen: Bitcoin and ETH Are Up. But This Crypto Rally Still Lacks Conviction
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Injective Mint Opens for Private Alpha@Injective has officially unveiled Injective Mint, a unified platform for issuing institutional-grade tokenized assets with built-in regulatory controls. The platform allows issuers to generate compliance-ready digital assets without writing code, consolidating asset creation and compliance configuration into a single interface.
Unlike traditional tokenization processes, which often require bespoke smart contracts and technical expertise, Injective Mint consolidates asset creation, compliance configuration, and management into one place. Issuers can customize permissions, set jurisdictional restrictions, and enforce compliance rules directly on-chain through Injective's native Tokenfactory and Permissions modules. The platform supports compliant issuance of equities, bonds, ETFs, and FX instruments, and is open to institutions, retail participants, and AI agents alike.
The architecture provides native blockchain-level controls for permissions, allowing issuers to manage address freezes and transfer rules without relying on third-party intermediaries. Injective Mint is currently live in private beta.
SEC Filing and a Broader Regulatory PushThe Mint launch is part of a wider regulatory strategy. Injective has filed an application with the U.S. Securities and Exchange Commission to register as a transfer agent, with the announcement coinciding with the unveiling of Injective Mint at the Injective Summit in Washington, D.C.
Rather than pursuing a new regulatory framework tailored to cryptocurrencies, Injective is seeking approval to perform one of the financial industry's most established administrative functions. Transfer agents are responsible for maintaining official ownership records for securities, recording ownership changes, issuing and canceling certificates, and processing dividend distributions.
Injective wants to bring this function on-chain, allowing the ownership record to exist on the same blockchain as the tokenized security rather than relying on a separate off-chain database. According to Injective, moving the transfer agent function on-chain could allow market participants to record and transfer ownership of tokenized securities within seconds while reducing the need for multiple intermediaries. It is worth noting that the filing begins the registration process and should not be interpreted as SEC approval or confirmation that Injective is already operating as a registered transfer agent.
These moves come after Injective's reported settlement of $6.8B in RWA volume and against a broader market backdrop where, the tokenized RWA market has expanded 256.7% from $5.42 billion at the start of 2025 to $19.32 billion by March 2026, according to CoinGecko.
Alongside the SEC filing, Injective has also published a Markets in Crypto-Assets (MiCA) whitepaper in Europe, signaling ambitions to build compliant infrastructure across two of the world's largest financial markets.
Sources:
CoinTrust: Injective Seeks SEC Transfer Agent Status, Launches RWA Platform
Crypto Times: Injective Files SEC Registration to Bring Securities Ownership Onchain
Blockchain.News: Injective Launches Mint Platform for Compliance-Ready RWA Tokenization
Injective just made its biggest play yet for the institutional crowd. The finance-focused Layer 1 blockchain has launched Injective Mint, a platform designed to let institutions issue compliant, tokenized real-world assets without writing a single line of code.
The private testing phase kicked off on July 17, 2026, and the implications for the broader RWA tokenization race are significant.
What Injective Mint actually does The platform bundles several compliance-critical features into a single interface. Holder restrictions, jurisdictional screening, freeze controls, and the ability to pause operations globally are all integrated out of the box.
Advertisement
The SEC transfer agent angle Injective has filed for transfer agent registration with the US Securities and Exchange Commission. If approved, the blockchain would be able to maintain official securities ownership records onchain.
Transfer agents are the middlemen who keep track of who owns what in the securities world. They process changes in ownership, issue and cancel certificates, and handle dividend distributions. Companies like Computershare and EQ Shareowner Services dominate this space in traditional finance.
Building blocks already in place Injective added BitGo as a validator in June 2025, a move that signaled its intent to build institutional-grade infrastructure. BitGo is one of the most recognized names in digital asset custody, serving as a trust company that major institutions already rely on.
The network has also processed 2.94 billion onchain transactions to date.
What this means for investors For INJ token holders, more institutional issuance activity on the network means more transaction volume, more fees, and potentially more demand for the native token. The addition of BitGo as a validator and the SEC filing both serve as institutional credibility signals.
The risk is execution. Filing for SEC registration and actually receiving it are two very different things. The regulatory process is slow, unpredictable, and occasionally hostile.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The 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.
23 minutes 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.
23 minutes 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.
23 minutes 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.
23 minutes 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.
23 minutes ago
Analyst: Bitcoin shows signs of recovery, but its uptrend remains unconfirmed.
Bloomberg senior ETF analyst Eric Balchunas wrote that since the 250th anniversary of U.S. Independence, Bitcoin has risen around 8% cumulatively, outperforming most assets. Meanwhile, inflows into Bitcoin spot ETFs have started to rebound, with net inflows of roughly $750 million in the past week. Balchunas noted that it is still hard to fully believe this rally has established a stable trend, but it is not unexpected that Bitcoin has rebounded after its prior pullback, adding that its future trajectory remains to be seen. Early Bitcoin holders have been continuously selling assets over the past nine months, which has been weighing on prices; if these holders cease selling, Bitcoin could rally.
Franklin Templeton, a leading global asset management firm overseeing over $1.5 trillion in assets, has identified artificial intelligence agents as the next major growth area for blockchain and cryptocurrency. Sandy Kaul, the firm’s head of digital assets and innovation, outlined this vision in a recent post on X.
AI agents and blockchain infrastructureAccording to Kaul, the emergence of an AI-driven agent economy will generate significant demand for blockchain protocols capable of supporting machine-to-machine micropayments. She noted that legacy payment networks, including widely used card systems, face challenges meeting the fast and low-cost requirements of automated digital agents.
Kaul highlighted the limitations of established card networks, with fees and settlement speeds unsuited for the high-frequency, micro-level transactions typical of automated AI agents. In her view, most investors today focus on acquiring shares of companies aligned with the AI sector, but she questioned whether this approach will remain effective as agentic AI becomes prevalent.
Most investors today buy shares of AI-aligned companies to access the AI growth opportunity, but it remains uncertain if that strategy will hold as agentic AI evolves.
She pointed to blockchain networks including Aptos, Solana, and BNB Chain as well-positioned for this new digital landscape. These platforms can settle transactions within seconds, offering a sharp contrast to the one-to-three business day settlement times seen in systems like the Visa network.
Payment industry leaders have recently examined this topic as well. Payments giant Visa and research platform Artemis published a joint report last week, concluding that traditional cards—designed for infrequent, human-driven transactions—are not adequate for the needs of AI agents. They argued that to support agentic micropayments on a commercial scale, networks require both instant settlement and minimal fees.
Mini dictionary: Agentic economy, a digital ecosystem where AI agents autonomously perform transactions or tasks, often interacting with other machines, users, or protocols without direct human intervention.
Industry response and adoption trendsWithin the past few months, several major players have launched tools targeting the intersection of AI and payments. Visa’s crypto division and Tempo, supported by Stripe, both unveiled AI-driven solutions in March. Visa’s new function grants AI agents the ability to process same-day payments.
Meanwhile, new protocols facilitating machine payments are seeing early signs of traction. The x402 payment protocol, a system created by Coinbase, reportedly processed $15 million in adjusted volume through over 109 million adjusted transactions since its introduction in May 2025, according to the joint analysis by Visa and Artemis.
Protocol/NetworkSettlement SpeedRecent UsageAptosSecondsPositioned for agentic AISolanaSecondsPositioned for agentic AIBNB ChainSecondsPositioned for agentic AIVisa Network1–3 business daysTraditional card usagex402 (Coinbase)Seconds$15 million, 109M transactions since May 2025Visa launched its machine-to-machine payments tool to strengthen its presence as the pace of agentic transactions accelerates, while adoption data from Coinbase illustrates practical engagement with the technology in live environments. This suggests interest is building in infrastructure that can support the complex and rapid settlement needs of AI-driven economies.
Visa and Artemis found that traditional payment cards are not built for the frequency or scale required by agentic AI transactions, reinforcing the shift toward blockchain alternatives.
The increasing experimentation and support for agentic AI payments by both blockchain networks and major payment industry companies reflect a growing recognition of the role digital assets may play in powering next-generation automated commerce.
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.
Analyst: Bitcoin shows signs of recovery, but its uptrend remains unconfirmed.
Bloomberg senior ETF analyst Eric Balchunas wrote that since the 250th anniversary of U.S. Independence, Bitcoin has risen around 8% cumulatively, outperforming most assets. Meanwhile, inflows into Bitcoin spot ETFs have started to rebound, with net inflows of roughly $750 million in the past week. Balchunas noted that it is still hard to fully believe this rally has established a stable trend, but it is not unexpected that Bitcoin has rebounded after its prior pullback, adding that its future trajectory remains to be seen. Early Bitcoin holders have been continuously selling assets over the past nine months, which has been weighing on prices; if these holders cease selling, Bitcoin could rally.
10 minutes ago
Bankless co-founder: Oil prices may struggle to return to the highs of the first phase of the U.S.-Iran conflict, but will still be a headwind for inflation.
David Hoffman, co-founder of Bankless, published an article stating that during the second phase of the U.S.-Iran conflict, oil prices may fluctuate between $75 and $95 per barrel and will not rise to the highs seen in the first phase of the conflict. However, even if oil prices stay within this range, it will still be unfavorable for the global inflation situation.
10 minutes ago
a16z: Tokenized Stock Market Accelerates Expansion, AI and Chip Segments Rise to 15.5%
A report from a16z crypto shows that as of the end of June, the total market capitalization of tokenized stocks reached approximately $1.7 billion, more than quintupling from $329 million a year ago, making it one of the fastest-growing tokenized asset categories. Over half of the current market cap comes from assets that were not on-chain a year ago, indicating growth is driven primarily by new issuances rather than just gains in underlying stock prices. The market structure has also shifted significantly: the share of crypto-related products dropped from 79% a year ago to 21%; the "other" category, consisting of hundreds of small underlying assets, rose to 35%. Large-cap tech stocks’ share climbed from 0.6% to 10.6%, while ETFs and index products’ share increased from 4.5% to 17.3%. Tokenized stocks of AI and chip-related sectors saw the fastest growth, with their market cap share rising from 0.3% in June 2025 to 15.5%. On-chain activity has risen in tandem: the monthly transfer volume of tokenized stocks hit $9.22 billion in June, more than 170 times the $53 million recorded in the same period last year. Related transactions include on-chain purchases and sales, inter-wallet transfers, and collateral deposits into DeFi protocols. Institutional infrastructure is accelerating its rollout: DTCC has completed the first production-environment transactions of tokenized U.S. Treasuries and stocks on the Canton Network; Robinhood has launched its own blockchain; the parent company of the New York Stock Exchange (NYSE) has formed a joint venture with OKX to offer tokenized NYSE stocks once approved; Coinbase and Binance have also launched or plan to launch tokenized U.S. stock services for non-U.S. users.
10 minutes ago
Benchmark cuts Coinbase's performance forecasts; the CLARITY Act could be a key catalyst for its stock price.
Benchmark has cut its second-quarter performance forecast for Coinbase ahead of the crypto exchange’s upcoming earnings report next week, citing weak trading activity in the crypto market, while retaining a "Buy" rating and a $270 price target. Based on Coinbase’s Wednesday price of roughly $172, this target implies approximately 57% upside potential. Benchmark analyst Mark Palmer lowered Coinbase’s Q2 revenue estimate from $1.51 billion to $1.38 billion, and trimmed its full-year 2026 revenue forecast from $6.33 billion to $6 billion. Spot trading volumes on centralized crypto platforms fell around 28% in Q2, while the total crypto market cap dropped roughly 13%, leading the firm to project Coinbase’s transaction revenue will decline by more than 5%. Still, early stabilization signs emerged in June: spot trading volumes rose back above $1 trillion for the first time since March, which may partially offset the Q2 softness. Benchmark argues that the eventual passage of the CLARITY Act could serve as a more meaningful stock catalyst than quarterly results, with Coinbase positioned as one of its primary potential beneficiaries. Trump previously agreed to relevant ethics provisions, removing a key hurdle for the bill’s advancement.
10 minutes ago
Amazon has carried out layoffs in its Artificial General Intelligence (AGI) division.
Amazon (AMZN) on Wednesday carried out layoffs in its General Artificial Intelligence (AGI) division, the latest in a series of small-scale job cuts at the company following the mass layoffs in January. "We have been building large AI models for many years, and this remains one of our most important ongoing efforts," an Amazon spokesperson said. "We are focusing on projects that matter most to customers to accelerate progress in key areas. This focus means making some tough decisions, including cutting some positions in the AGI organization."
10 minutes ago
A major whale went long on $10.66 million worth of Google stock ahead of the tech giant’s earnings report release.
According to on-chain analyst Yu Jin's monitoring, a whale that went long on MU and made a profit of $1.71 million yesterday has now shifted its bullish focus to Alphabet's earnings report. Over the past half hour, the whale opened a long position in GOOGL worth $10.66 million, with an average entry price of $349.7. Alphabet will release its earnings report after U.S. market hours at 4 a.m. Beijing time. In addition to Google's shareholders, investors in AI-related stocks will also closely follow the earnings data.
Arbitrum just quietly became one of the most important places to park stablecoins in DeFi. The Ethereum Layer 2 network now hosts between $3.7 billion and $4 billion in stablecoin supply, and Spark Savings has expanded its yield-bearing vaults to capture the vast majority of it.
Spark’s ERC-4626 vaults on Arbitrum now support USDC, USDS, and the recently added USDT0, an omnichain version of Tether. Together, those three stablecoins represent over 90% of Arbitrum’s total stablecoin supply. That means roughly $3 billion or more in stablecoins can now be deposited into yield-generating vaults without users needing to swap tokens or navigate convoluted bridging processes.
What Spark Savings actually does The vaults follow the ERC-4626 standard, which standardizes how deposits, withdrawals, and yield accounting work, making these vaults composable with other protocols. Developers can plug Spark’s vaults into broader DeFi strategies without building custom integrations from scratch.
Advertisement
Spark initially expanded to Arbitrum in early 2025, supporting USDC and USDS. The addition of USDT0 happened within the last 7-10 days as of mid-July 2026, completing the trifecta of major stablecoins on the network. USDT0 differs from regular USDT in that it’s designed to move natively across multiple chains, eliminating the friction that typically comes with bridging Tether between networks.
The Spark Savings Vaults V2 uses a continuous per-second rate accumulator, meaning there’s no batch processing or epoch-based distribution. Yield grows continuously, and rates are adjusted based on governance decisions.
What this means for investors For stablecoin holders on Arbitrum, three major stablecoins now operate under one vault standard with continuous yield accrual, removing the need to bridge to Ethereum mainnet or search across multiple protocols.
The USDT0 integration is notable because Tether remains the largest stablecoin by market cap globally, and its omnichain variant removes friction around moving USDT between networks without bridge fees or wrapped token complexity.
Concentration risk is the obvious concern. When a single protocol handles yield for over 90% of a network’s stablecoin supply, any smart contract vulnerability or governance misstep could have outsized consequences.
The governance-driven yield adjustment model also introduces uncertainty. Rates are determined by governance votes, which means yield could shift based on political dynamics within the Spark community rather than pure supply and demand.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
a16z: Tokenized Stock Market Accelerates Expansion, AI and Chip Segments Rise to 15.5%
A report from a16z crypto shows that as of the end of June, the total market capitalization of tokenized stocks reached approximately $1.7 billion, more than quintupling from $329 million a year ago, making it one of the fastest-growing tokenized asset categories. Over half of the current market cap comes from assets that were not on-chain a year ago, indicating growth is driven primarily by new issuances rather than just gains in underlying stock prices. The market structure has also shifted significantly: the share of crypto-related products dropped from 79% a year ago to 21%; the "other" category, consisting of hundreds of small underlying assets, rose to 35%. Large-cap tech stocks’ share climbed from 0.6% to 10.6%, while ETFs and index products’ share increased from 4.5% to 17.3%. Tokenized stocks of AI and chip-related sectors saw the fastest growth, with their market cap share rising from 0.3% in June 2025 to 15.5%. On-chain activity has risen in tandem: the monthly transfer volume of tokenized stocks hit $9.22 billion in June, more than 170 times the $53 million recorded in the same period last year. Related transactions include on-chain purchases and sales, inter-wallet transfers, and collateral deposits into DeFi protocols. Institutional infrastructure is accelerating its rollout: DTCC has completed the first production-environment transactions of tokenized U.S. Treasuries and stocks on the Canton Network; Robinhood has launched its own blockchain; the parent company of the New York Stock Exchange (NYSE) has formed a joint venture with OKX to offer tokenized NYSE stocks once approved; Coinbase and Binance have also launched or plan to launch tokenized U.S. stock services for non-U.S. users.
16 minutes ago
Benchmark cuts Coinbase's performance forecasts; the CLARITY Act could be a key catalyst for its stock price.
Benchmark has cut its second-quarter performance forecast for Coinbase ahead of the crypto exchange’s upcoming earnings report next week, citing weak trading activity in the crypto market, while retaining a "Buy" rating and a $270 price target. Based on Coinbase’s Wednesday price of roughly $172, this target implies approximately 57% upside potential. Benchmark analyst Mark Palmer lowered Coinbase’s Q2 revenue estimate from $1.51 billion to $1.38 billion, and trimmed its full-year 2026 revenue forecast from $6.33 billion to $6 billion. Spot trading volumes on centralized crypto platforms fell around 28% in Q2, while the total crypto market cap dropped roughly 13%, leading the firm to project Coinbase’s transaction revenue will decline by more than 5%. Still, early stabilization signs emerged in June: spot trading volumes rose back above $1 trillion for the first time since March, which may partially offset the Q2 softness. Benchmark argues that the eventual passage of the CLARITY Act could serve as a more meaningful stock catalyst than quarterly results, with Coinbase positioned as one of its primary potential beneficiaries. Trump previously agreed to relevant ethics provisions, removing a key hurdle for the bill’s advancement.
16 minutes ago
Amazon has carried out layoffs in its Artificial General Intelligence (AGI) division.
Amazon (AMZN) on Wednesday carried out layoffs in its General Artificial Intelligence (AGI) division, the latest in a series of small-scale job cuts at the company following the mass layoffs in January. "We have been building large AI models for many years, and this remains one of our most important ongoing efforts," an Amazon spokesperson said. "We are focusing on projects that matter most to customers to accelerate progress in key areas. This focus means making some tough decisions, including cutting some positions in the AGI organization."
16 minutes ago
A major whale went long on $10.66 million worth of Google stock ahead of the tech giant’s earnings report release.
According to on-chain analyst Yu Jin's monitoring, a whale that went long on MU and made a profit of $1.71 million yesterday has now shifted its bullish focus to Alphabet's earnings report. Over the past half hour, the whale opened a long position in GOOGL worth $10.66 million, with an average entry price of $349.7. Alphabet will release its earnings report after U.S. market hours at 4 a.m. Beijing time. In addition to Google's shareholders, investors in AI-related stocks will also closely follow the earnings data.
16 minutes ago
Dow Jones Industrial Average and S&P 500 turn positive, NVIDIA's gain expands to 3%
According to market data from BIT (bit.com), the Dow Jones Industrial Average and S&P 500 have turned positive, the Nasdaq’s decline narrowed to 0.1%, and the Philadelphia Semiconductor Index rose more than 1%. Among tech stocks, Nvidia surged nearly 3%, Super Micro Computer’s gain expanded to 24%, Marvell Technology and AMD rose over 2%, SanDisk gained nearly 1%, and Micron Technology turned positive after falling nearly 3% earlier.
16 minutes ago
Analyst: $68,000 is a key resistance level for Bitcoin, which may face significant selling pressure.
Bitcoin rose above $65,800, hitting a new high in over a month. U.S. spot Bitcoin ETFs recorded net inflows for the sixth consecutive trading day, with $203 million flowing in on Tuesday, bringing the cumulative inflow since July 13 to roughly $779 million; spot Ethereum ETFs saw a net inflow of $37.5 million on the same day, marking the third straight day of inflows. Bitfinex analysts note $68,000 is Bitcoin’s next key level, where the cost basis of short-term holders and the Q2 opening price converge. Investors who bought in the past five months and are still in the red may sell when prices return to their cost lines, so the first test of this level could trigger significant selling pressure. K33 Research Head Vetle Lunde said Bitcoin remains in a seasonal low-volume phase: as of July 19, its 30-day spot trading volume was only 62.4% of the full-year average. CME Bitcoin open interest for July has stayed below 100,000 BTC, hitting its lowest since October 2023, indicating weak institutional participation. ETF inflows have improved in the same period, but are mainly driven by BlackRock’s IBIT. Capital.com analyst Daniela Hathorn views $63,000 as the near-term support level. If Bitcoin holds above this level and reclaims the $65,000–$66,000 range, it could boost upward momentum for further tests; if it breaks below support, a new round of profit-taking may be triggered.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Gambling Disclaimer:
This article is for informational and educational purposes only. We are an independent affiliate site and may receive commissions from the operators we review. We do not offer real-money gambling ourselves. Only use online casinos and sportsbooks that are licensed and legal in your local jurisdiction. Gambling is intended for adults 18+ (or the legal age in your region). Please gamble responsibly. If you feel you may have a gambling problem, seek help from your local support organization. Read our Gambling content policy here.
SUI, the native token of the Sui Network, has rapidly emerged as an attractive option for online casino gaming. As this innovative Layer 1 blockchain gains traction, more crypto casinos are beginning to accept SUI tokens for deposits and withdrawals.
The combination of SUI’s fast transaction speeds, low fees, and growing ecosystem makes it an excellent choice for crypto gambling enthusiasts.
We’ve curated a comprehensive list of the top SUI casinos, evaluating them based on game selection, user interface, payment processing speed, security measures, and customer support quality.
We have personally tested and reviewed each site on the list, you can read our in-depth reviews below.
Let’s dig in…
Table of Contents
Top SUI Casinos SitesBest SUI Casinos Site ReviewsZunaBetZunabetWelcome Bonus of 250% up to $5000 + 75 Free SpinsKey FeaturesLucky BlockLucky Block CasinoWelcome Bonus of 200% match on first deposits up to €25,000Key PointsMetaWinMetaWin30% Extra Free on Every Deposit! Highest RTP. Instant payoutsKey PointsMegaDiceMega Dice200% match up to 1 BTC + 50 free spinsKey PointsRakeBitRakebit450% Bonus & 100 Free Spins!Key PointsBC GameBC.Game470% Welcome Bonus & 400 Free SpinsKeypointsBetpandaKey PointsJackBitJack.com100% Welcome Bonus + 100 Free SpinsKey PointsCloudbetCloudbetWelcome Bonus up to 5 BTC + Free SpinsKey PointsEmpire CasinoEmpire.io250% Match Bonus & 100 Free SpinsKey PointsMetaspinMetaspinsWelcome Bonus of 100% Deposit Match Up To 1 BTCKey PointsCryptoLeoCryptoLeo150% Welcome Bonus Up to 3,000 USDT + Free Spin On The Bitcoin WheelKey PointsBets.ioBets.ioWelcome Bonus Up To 5 BTCKey PointsWinz CasinoWinz Casino100% Match Up to 6 BTC + 300 Free SpinsKey PointsGuide to Crypto Gambling With SUIAbout SUIUnderstanding Crypto CasinosLegal Status of Crypto CasinosHow We Selected the Best SUI CasinosFeatures to Look for in a Crypto CasinoHow to Get Started with SUI GamblingResponsible Gambling in SUI CasinosPros and Cons of SUI CasinosAdvantages:Disadvantages:ConclusionFAQsWhat is a SUI Casino?Are SUI Casinos Legal?How Do I Deposit SUI at Online Casinos?What Games Can I Play with SUI?How Long Do SUI Withdrawals Take?Why Choose SUI Over Other Cryptocurrencies for Gambling?Can I Earn Rewards While Gambling with SUI?Is My SUI Safe at Online Casinos? Massive game library with 11,294 titles from 63 providersAccepts 20 different cryptocurrencies with multiple network optionsGenerous welcome bonus package worth up to $5,000 plus 75 free spinsUnique dragon-themed loyalty program with rakeback up to 20%Comprehensive sports betting covering traditional sports and esports Fast crypto withdrawals processed within 24 hoursLow minimum deposit of $1Provably fair games with verifiable outcomesUser-friendly interface with intuitive navigation Massive selection of gamesQuality live dealer offeringCrypto and fiat payment optionsVaried welcome offers and bonuses Up to 70% Rakeback + 10% CashbackUnlimited deposits and withdrawalsExclusive Thrill Original games1500+ Casino Games from the Top Providers Truly anonymous and private gambling - no personal details or accounts requiredInnovative blockchain competitions with big ETH prize pools and NFT rewardsInstant, fee-free deposits and withdrawals directly to/from your crypto walletInstant Web3 withdrawals up to 100K USDSimple, user-friendly platform design with great mobile compatibility No KYC & VPN Friendly anonymous casinoZero fees, instant deposits & withdrawals5,000+ casino games & sports betting without limits10% Weekly CashbackGenerous welcome bonus up to 1 BTC 8,000+ games including slots, casino, sports betting, crypto betting470% Welcome Bonus & 400 Free SpinsSupports 18+ major cryptocurrencies for deposits and withdrawalsSmooth and user-friendly interface Huge selection of over 2,700 games from top providersLucrative 200% deposit bonus up to €25,000Wide variety of cryptos supportedInstant withdrawalsCutting-edge Telegram & WalletConnect integration Truly anonymous and private gambling - no personal details or accounts requiredInnovative blockchain competitions with big ETH prize pools and NFT rewardsInstant, fee-free deposits and withdrawals directly to/from your crypto walletInstant Web3 withdrawals up to 100K USDSimple, user-friendly platform design with great mobile compatibility Instant withdrawals processed on the blockchainGenerous welcome bonus of 200% up to 1 BTC + 50 free spinsWide selection of games from top providers like Evolution, Pragmatic Play, HacksawOffers a sportsbook in addition to casino gamesInnovative features like Telegram integration and WalletConnect Wide range of cryptocurrencies acceptedLarge selection of games (7,000+), including slots, table games, and live casino optionsSports betting platform integratedFast deposit and withdrawal processing timesAttractive welcome bonus and ongoing promotions 8,000+ games including slots, casino, sports betting, crypto betting470% Welcome Bonus & 400 Free SpinsSupports 18+ major cryptocurrencies for deposits and withdrawalsSmooth and user-friendly interface No KYC & VPN Friendly anonymous casinoZero fees, instant deposits & withdrawals5,000+ casino games & sports betting without limits10% Weekly CashbackGenerous welcome bonus up to 1 BTC Massive game variety with over 6,000 slots, tables, specialty and live titlesHuge sportsbook covering 40+ leagues including niche optionsInstant withdrawals to crypto wallets for fast access to fundsGenerous recurring sports betting promotional offers Huge selection of casino games and live dealer offeringsCompetitive odds pricing across 30+ sportsOngoing reload bonuses and contestsSwift crypto payouts within 24 hours Huge selection of 6000+ games from top providersSupports popular cryptocurrencies for fast, anonymous paymentsAnonymous registration and VPN-FriendlyLucrative loyalty program with VIP rewardsWeekly Cashbacks and Tournaments Generous welcome bonus up to 1 BTC2,500+ casino games from top providersGreat selection of provably fair gamesLucrative loyalty program with up to 60% rakebackFast withdrawals in under 10 minutes Massive 6,000+ game portfolio spanning slots, tables, live dealersLucrative cashback incentives through VIP tiersRapid no-limit crypto withdrawals under 24 hoursSleek modern interface optimized across desktop and mobile Quick withdrawals processed under 5 minutesLucrative crypto welcome bonus up to 5 BTCFully licensed site with 5000+ gamesGreat variety of slots, table games and live dealer options24/7 customer support via live chat and email Well Designed CasinoGood range of GamesGood signup bonusesCrypto & Fiat Payments Best SUI Casinos Site Reviews ZunaBet Zunabet Welcome Bonus of 250% up to $5000 + 75 Free SpinsRead Our Full Review Here
ZunaBet is a crypto casino offering over 11,000 games from 63 providers, extensive sports betting options across traditional and eSports, and a generous welcome package of 250% up to $5000 with 75 free spins
Massive game library with 11,294 titles from 63 providersAccepts 20 different cryptocurrencies with multiple network optionsGenerous welcome bonus package worth up to $5,000 plus 75 free spinsUnique dragon-themed loyalty program with rakeback up to 20%Comprehensive sports betting covering traditional sports and esports ZunaBet is a brand new crypto casino and sportsbook that launched in 2026. The site has over 11,000 games from 63 providers and accepts 20 different cryptocurrencies for deposits and withdrawals.
ZunaBet Website Key Features Massive Game Selection - ZunaBet offers 11,294 casino games including slots, table games, and live dealer options. Players can choose from titles by top providers like Pragmatic Play, Hacksaw Gaming, and Playtech. Crypto Payment Options - The casino accepts 20 cryptocurrencies including Bitcoin, Ethereum, Dogecoin, and multiple stablecoin options on different networks. Transactions process quickly, with most deposits confirming within minutes. Dragon Loyalty Program - Players progress through six tiers from Squire to Ultimate by wagering on games. Higher tiers unlock better rewards including up to 20% rakeback, 1,000 free spins, and VIP club access. Complete Sportsbook - The platform covers traditional sports like football, basketball, and tennis plus esports titles like CS2, Dota 2, and League of Legends. Live betting lets players wager as games unfold in real time. Mobile-Friendly Design - ZunaBet works on all devices through its responsive website and downloadable apps for iOS, Android, Windows, and MacOS. Players can access nearly all games and features from their phones or tablets. ZunaBet delivers a solid gambling experience with its huge game library and modern cryptocurrency focus. The unique dragon loyalty program and generous welcome bonus make it worth checking out for both new and experienced players.
Visit Zunabet
Lucky Block Lucky Block Casino Welcome Bonus of 200% match on first deposits up to €25,000Read Our Full Review Here
Lucky Block offers a world-class crypto casino and sports betting platform with thousands of games, generous rewards for loyal players, fast payouts, and an overall premium interactive gambling experience.
Huge selection of over 2,700 games from top providersLucrative 200% deposit bonus up to €25,000Wide variety of cryptos supportedInstant withdrawalsCutting-edge Telegram & WalletConnect integration Lucky Block is a new, feature-rich crypto casino making waves in the online gambling space since its launch in late 2022. Backed by an existing cryptocurrency brand, Lucky Block leverages its solid reputation to offer players a modern casino and sportsbook supporting popular cryptos like Bitcoin, Ethereum, and Tether for deposits and withdrawals.
Lucky Block Homepage Slick website design optimized for desktop and mobile coupled with around-the-clock chat support cement Lucky Block’s accessibility for crypto holders worldwide.
Key Points Large selection of over 2,700 casino games from 50+ top providers like NetEnt and Pragmatic Play, including slots, table games, jackpots, and live casino Generous welcome bonus of 200% match up to €10,000 plus 50 free spins Wide variety of 10+ cryptocurrencies supported for fast, anonymous deposits and withdrawals Instant crypto withdrawals processed directly to players' wallets Lucrative loyalty program coming soon with cashback, birthday bonuses, and rewards for frequent players Innovative features like daily jackpot drops, lottery betting, and native LBLOCK token perks Lucky Block emerged as one of our top recommendations for crypto gamblers seeking a leading destination supporting both casino games and sports betting with digital currencies
Backed by reputable licensing and a globally-recognized crypto brand, Lucky Block offers players a secure, legal platform to enjoy thousands of slots, jackpots, live table games, and betting markets across sports leagues like the NBA and esports tournaments
Fast and easy account setup via email or Telegram allows new players to claim a generous 200% welcome bonus up to €25,000 and start playing within minutes. Lucrative ongoing promotions and imminent loyalty perks provide recurring value for regular players
It's a great place for gamblers, sports bettors and crypto enthusiasts - check it out!
Visit Lucky Block
MetaWin MetaWin 30% Extra Free on Every Deposit! Highest RTP. Instant payoutsRead Our Full Review Here
MetaWin is a crypto casino that delivers anonymous & provably fair gambling by allowing users to connect a Ethereum wallet to access slots, table games, live dealers & more.
Truly anonymous and private gambling - no personal details or accounts requiredInnovative blockchain competitions with big ETH prize pools and NFT rewardsInstant, fee-free deposits and withdrawals directly to/from your crypto walletInstant Web3 withdrawals up to 100K USDSimple, user-friendly platform design with great mobile compatibility MetaWin is an exciting new decentralized online casino that offers a truly innovative and anonymous gambling experience on the Ethereum blockchain.
Metawin Homepage As the first-of-its-kind web3 cryptocurrency gambling platform, MetaWin allows users to connect their Ethereum wallet to access a great selection of casino games like slots, table games, live dealer tables, and more – all while maintaining complete privacy and security.
The site's real innovation shines through its blockchain-based competitions where users can win big ETH prize pools and valuable NFTs from popular collections, with the results transparently determined by Ethereum smart contracts to guarantee fairness.
Key Points Truly innovative and anonymous online casino operating on the Ethereum blockchain Offers complete privacy as no account creation or personal information is required Allows players to connect their Ethereum wallet (e.g., MetaMask) to access games Hosts exciting blockchain-based competitions with opportunities to win big ETH prizes Chance to win valuable NFTs from popular collections like Beanz and Killabears Transactions and gaming activity occur on the secure Ethereum blockchain Players retain full custody of their funds in their private crypto wallets MetaWin is truly at the vanguard of blockchain-based online gambling. By harnessing the power of the Ethereum blockchain, it delivers an anonymous, secure, and provably fair gaming experience like no other.
From the seamless wallet integration and instant payouts to the innovative smart contract competitions and opportunities to win big ETH prizes and coveted NFTs, MetaWin represents the future of web3 crypto casinos.
For crypto enthusiasts who have been awaiting a way to enjoy casino games while taking full advantage of the inherent benefits of decentralization, anonymity, and transparency, MetaWin is undoubtedly leading the way into this new frontier.
Visit MetaWin
MegaDice Mega Dice 200% match up to 1 BTC + 50 free spinsRead Our Full Review Here
Mega Dice Casino is a legitimate and innovative online crypto gambling platform that offers an extensive game library, generous bonuses, top-notch security features, and seamless integration with popular apps like Telegram.
Instant withdrawals processed on the blockchainGenerous welcome bonus of 200% up to 1 BTC + 50 free spinsWide selection of games from top providers like Evolution, Pragmatic Play, HacksawOffers a sportsbook in addition to casino gamesInnovative features like Telegram integration and WalletConnect Mega Dice is an innovative online cryptocurrency casino and sportsbook that has been operating since 2023. It stands out as the world's first officially licensed casino platform accessible via the popular Telegram messaging app.
Mega Dice Homepage With top-notch security features, generous bonuses, and a user-friendly interface, Mega Dice Casino has quickly established itself as a premier destination for crypto gambling enthusiasts.
Key Points Extensive game library with slots, table games, live casino, sportsbook, and unique crypto games Generous welcome bonus of 200% match up to 1 BTC + 50 free spins for new players Supports a wide range of cryptocurrencies for fast and secure deposits/withdrawals, including Bitcoin, Ethereum, Litecoin, and more Instant withdrawals processed on the blockchain for added convenience Regular promotions, reload bonuses, and a loyalty program to reward existing players Comprehensive sportsbook covering major sports leagues, events, and esports tournaments Mega Dice Casino is a standout platform in the online cryptocurrency gambling space. With its innovative features like Telegram integration, diverse game offerings from top providers, generous bonuses, robust security measures, and a comprehensive sportsbook, it delivers an exceptional and convenient gaming experience.
The casino's commitment to providing a secure, transparent, and user-friendly environment, coupled with its focus on cutting-edge technology and instant payouts on the blockchain, solidifies its position as a trailblazer in the industry.
Visit Mega Dice
RakeBit Rakebit 450% Bonus & 100 Free Spins!Read Our Full Review Here
Rakebit Casino offers a comprehensive crypto-gambling platform with a vast game selection, user-friendly interface, and attractive bonuses, catering to both casino enthusiasts and sports bettors while prioritizing fast transactions and user privacy.
Wide range of cryptocurrencies acceptedLarge selection of games (7,000+), including slots, table games, and live casino optionsSports betting platform integratedFast deposit and withdrawal processing timesAttractive welcome bonus and ongoing promotions Rakebit Casino is a popular online gambling platform that has been making waves in the crypto gaming space.
This innovative casino offers a comprehensive suite of gambling options, including an extensive collection of over 7,000 casino games, a robust sports betting platform, and an immersive live casino experience.
Catering primarily to cryptocurrency enthusiasts, Rakebit supports transactions in 10 different cryptocurrencies, ensuring fast, secure, and private banking for its users.
Rakebit Homepage With attractive bonuses, a rewarding VIP program, and a commitment to fair play evidenced by its provably fair games, Rakebit has quickly established itself as a go-to destination for both casual players and serious gamblers in the world of online crypto casinos.
Key Points Specializes in cryptocurrency transactions, supporting 10 popular cryptocurrencies for fast, secure, and private banking Features a user-friendly interface with intuitive navigation on both desktop and mobile platforms Offers an attractive welcome bonus of up to 200 free spins for new players Maintains a comprehensive VIP program with 5 tiers, rewarding loyal players with increasing benefits Rakebit Casino stands out as a top-tier choice in the world of online crypto gambling. With its vast game selection, user-friendly interface, and commitment to cryptocurrency transactions, it offers a modern and secure gaming experience.
Whether you're a slots enthusiast, table game aficionado, or sports betting fan, Rakebit provides a diverse and engaging environment for all types of players. Its focus on fast transactions, provably fair games, and mobile accessibility further cements its position as a forward-thinking and player-centric online casino.
Visit Rakebit
BC Game BC.Game 470% Welcome Bonus & 400 Free SpinsRead Our Full Review Here
BC.Game is a popular crypto-focused online casino launched in 2017 that offers over 8,000 games, generous bonuses up to 300%, and supports 18+ major cryptocurrencies and various payment methods across its sports betting, slots, table games, and live casino.
8,000+ games including slots, casino, sports betting, crypto betting470% Welcome Bonus & 400 Free SpinsSupports 18+ major cryptocurrencies for deposits and withdrawalsSmooth and user-friendly interface BC.Game is a feature-rich crypto gambling platform launched in 2017 that has quickly become a top choice for enthusiasts seeking an exciting and generous online casino.
With over 8,000 games spanning slots, table games, live casino, sportsbook, and more, BC.Game offers a smooth, mobile-friendly gambling experience for players around the world.
Keypoints Launched in 2017, BC.Game offers over 8,000 crypto-focused games including slots, table games, sports betting, and live casino Generous welcome bonuses up to 300% for new players Supports 18+ major cryptocurrencies like Bitcoin, Ethereum, Tether for deposits and withdrawals Good selection of sports betting options including football, tennis, esports 10,000+ slot games available from top providers like Pragmatic Play and Spinomenal Classic table games on offer including roulette, baccarat and blackjack Live casino games streamed in HD quality for an immersive experience Fun games like crypto price betting, lottery, bingo and horse racing also available Fast and helpful 24/7 live chat customer support User-friendly interface and mobile apps for iOS and Android With over 8,000 games, generous bonuses, multiple crypto payment options, and a slick user interface, BC.Game has positioned itself as a top choice for crypto casino gaming since its launch in 2017.
Powered by leading gaming providers like Pragmatic Play and Evolution Gaming, the sheer variety coupled with rapid payouts across 18 cryptocurrencies makes BC.Game a one-stop shop for thrilling, trustworthy online gambling with crypto.
Throw in 24/7 live support, regular promotions, and a rewarding VIP program, and BC.Game checks off all the perks players desire in an online casino.
With so many strengths powering this nascent yet wildly popular platform, crypto gambling fans would be remiss not to give BC.Game a spin.
Visit BC.Game
Betpanda No KYC & VPN Friendly anonymous casinoZero fees, instant deposits & withdrawals5,000+ casino games & sports betting without limits10% Weekly CashbackGenerous welcome bonus up to 1 BTC BetPanda.io is a modern crypto casino that launched in August 2023 and has quickly made a name for itself in the online gaming space. The platform combines the convenience of cryptocurrency gambling with an extensive gaming library of over 5,500 titles, instant payouts, and a user-friendly interface.
Betpanda Homepage What sets BetPanda apart is its commitment to player privacy with no KYC requirements, coupled with generous bonuses including a 100% welcome bonus up to 1 BTC and weekly cashback rewards.
Key Points Over 5,500 games from 76 providers, including slots, live casino, and sports betting Ultra-fast withdrawals within 30 seconds and instant deposits with 13+ cryptocurrencies supported Generous 100% welcome bonus up to 1 BTC plus 10% weekly cashback with no wagering requirements Privacy-focused with no KYC required - only email needed to register 6-tier VIP program with increasing rewards and dedicated support 24/7 customer service with quick response times Clean, mobile-friendly design that works on all devices Secure platform with SSL encryption and two-factor authentication Regular tournaments and promotions for extra rewards BetPanda.io has proven itself to be a standout crypto casino despite its relatively recent launch in 2023. With its impressive collection of over 5,500 games, lightning-fast withdrawals, and generous bonus system, it delivers everything that modern crypto gamblers are looking for.
The platform's commitment to user privacy, combined with its robust security measures and responsive customer support, makes it a trustworthy choice for players seeking a premium crypto gaming experience.
Whether you're a casual player or a serious gambler, BetPanda's user-friendly interface, diverse game selection, and attractive rewards program make it a compelling destination in the world of crypto casinos.
Visit Betpanda
JackBit Jack.com 100% Welcome Bonus + 100 Free SpinsRead Our Full Review Here
A crypto gaming hub packing thousands of slots, live dealers, niche sports, and instant withdrawals alongside player anonymity, JackBit Casino delivers versatile entertainment and innovations.
Massive game variety with over 6,000 slots, tables, specialty and live titlesHuge sportsbook covering 40+ leagues including niche optionsInstant withdrawals to crypto wallets for fast access to fundsGenerous recurring sports betting promotional offers JackBit is a premier crypto-based online gambling site that burst onto the scene in 2022, bringing a massive game selection and sportsbook. With intuitive navigation optimized for slots, specialty titles like lottery and arcade offerings, and extensive sports betting markets, JackBit utilizes blockchain protocols to enable instant anonymous payouts.
Homepage Players can easily deposit leading cryptocurrencies to access competitive odds and niche brackets across mainstream professional leagues and esports. And with the ability to withdraw winnings in under 10 minutes,
Key Points Launched in 2022, licensed in Curacao, over 6,600 games and 40+ sports Massive variety including slots, table games, live dealers, virtual sports Generous sports promotions like betting insurance and free plays Accepts 13 major cryptocurrencies with instant, anonymous payouts Overall robust, innovative crypto casino and sportsbook suitable for all With its vast selection of thousands of games across every major gambling vertical paired with extensive sports betting markets, JackBit has firmly established itself as a premier one-stop entertainment hub since entering the scene in 2022.
Most importantly, by championing player privacy through anonymous accounts and lightning fast crypto payouts, JackBit pushes iGaming forward responsibly.
For these reasons, JackBit represents an exciting new option that both recreational punters and devoted bettors should evaluate to appreciate a refined, innovative destination catering to all play styles.
Visit JackBit
Cloudbet Cloudbet Welcome Bonus up to 5 BTC + Free SpinsRead Our Full Review Here
As one of the earliest and most comprehensive crypto-based online gambling destinations since 2013, Cloudbet offers an enormous sportsbook, 2,000+ casino games, lucrative bonuses, and dedicated customer support to form a one-stop entertainment hub for blockchain bettors and gamers alike.
Huge selection of casino games and live dealer offeringsCompetitive odds pricing across 30+ sportsOngoing reload bonuses and contestsSwift crypto payouts within 24 hours Cloudbet is an award-winning crypto gambling site founded in 2013 as one of the earliest licensed Bitcoin casinos and sportsbooks. With an intuitive interface optimized for betting markets, table games, and thousands of slots, Cloudbet utilizes blockchain protocols to deliver fast payouts and anonymity.
Homepage And with the ability to withdraw winnings in under 24 hours, Cloudbet provides a smooth, modern hub for both new and veteran gamblers to wager privately across sports, horses, esports, politics, and casino games using leading cryptocurrencies.
Key Points Founded in 2013, licensed in Curacao, over 2,000 casino games and 35+ sports Accepts major cryptocurrencies like BTC, ETH, stablecoins with fast withdrawals Generous welcome bonuses up to 5 BTC plus free spins and cashback rewards Intuitive, modern website and app design optimized for desktop and mobile Diverse specialty games like virtual sports, mines, plinko for casual play Overall robust, longstanding crypto casino & sportsbook suitable for all players As one of the earliest and most comprehensive crypto-based online gambling sites since 2013, Cloudbet has withstood the test of time in a volatile industry fraught with scams and fly-by-night operations. Its vast selection of sports leagues, casino games, and specialty offerings powered by leading studios provides endless entertainment.
Swift crypto withdrawals, dedicated mobile experiences, and stellar customer service demonstrate Cloudbet's commitment to a smooth user journey.
Most importantly, by spearheading privacy innovations like anonymous accounts and crypto-only banking, Cloudbet pushes iGaming forward responsibly.
Cloudbet remains a proven top option that both casual crypto gamblers and devoted bettors should shortlist to appreciate a refined one-stop entertainment hub.
Visit Cloudbet
Empire Casino Empire.io 250% Match Bonus & 100 Free SpinsRead Our Full Review Here
Empire Casino is a modern crypto-based online casino featuring 2000+ quality games, a lucrative 250% welcome bonus, fast payouts, and 24/7 customer support for a premier gambling experience.
Huge selection of 6000+ games from top providersSupports popular cryptocurrencies for fast, anonymous paymentsAnonymous registration and VPN-FriendlyLucrative loyalty program with VIP rewardsWeekly Cashbacks and Tournaments Bringing innovation to the expanding galaxy of crypto gambling sites, Empire Casino has offered premium entertainment since 2020. Obtaining credentials from the reputable Curacao egaming authorities and enlisting talented developers, Empire furnishes an abundant game selection spanning over 2,000 titles.
Slots steal the spotlight, but blackjack devotees, roulette fans and live stream enthusiasts find tailored action through variants and dedicated studios.
Homepage Lucrative matched deposits continue through ongoing reload incentives, cashback deals and contest entries. Across desktop and mobile, the platform focuses on usability from simplified verification to readily available customer assistance.
Key Points Licensed in Curacao since 2020, indicating legitimacy Over 2,000 games from leading providers like NetEnt and Betsoft Generous welcome bonus - 100% match up to 1 BTC Exclusive cryptos like Bitcoin, Ethereum, Litecoin accepted Lucrative loyalty program with escalating VIP rewards Regular promotions like 20% weekly cashback Instant withdrawals with no limits for cryptos In an increasingly crowded online gambling landscape, Empire Casino has carved out a distinctive niche since its 2020 founding by blending crypto convenience with varied gaming. Their Curacao license cements compliance while over 2,000 titles deliver endless entertainment spanning slots, classic tables and interactive live streams.
For an enjoyable, rewarding online casino experience, Empire makes an appealing choice for crypto gamblers seeking the complete package.
Visit Empire
Metaspin Metaspins Welcome Bonus of 100% Deposit Match Up To 1 BTCRead Our Full Review Here
Metaspins is a new, feature-rich crypto casino with a solid lineup of games, generous bonuses, ultra-fast payouts, and a modern, easy-to-use interface that positions it as a top choice for online gambling enthusiasts.
Generous welcome bonus up to 1 BTC2,500+ casino games from top providersGreat selection of provably fair gamesLucrative loyalty program with up to 60% rakebackFast withdrawals in under 10 minutes Metaspins is an exciting new online crypto casino making a splash since its launch in 2022. Operating on a license from the Government of Curacao, this provably fair platform offers players a modern, mobile-friendly website with over 2,500 top-quality games, generous welcome bonuses, ultra-fast payouts, and 24/7 customer support.
Metaspin Homepage Led by industry veterans, Metaspins provides a robust gaming suite spanning slots, table games, live dealer options, and even unique lotto-style games. Popular cryptocurrencies enable swift real-money transactions, while top-notch security protocols ensure safe gameplay.
Key Points Offers over 2,500 games from top providers like NetEnt and Microgaming Generous 100% welcome bonus up to 1 BTC with reasonable 7x wagering requirement Accepts popular cryptos like BTC, ETH, LTC, BCH, DOGE Wide selection of provably fair casino games for transparency Lucrative Mega Lotto game with huge jackpot potential Ongoing promotions like cashback, reloads, prize drops, and challenges With just over a year in operation, Metaspins has already established itself as one of the premier crypto casinos catering to virtual gamblers across experience levels. This rising platform clearly focused efforts toward crafting long-term leadership foundations centered on trust, variety and innovation right from the outset – hitting the mark on all aspects.
A legitimate license and transparent operations provide accountability. Premium gaming libraries supply endless engagement. Lucrative promotions inspire consistent participation.
We wholly recommend signing up at Metaspins for a superlative crypto gambling experience that responsibly entertains while duly prioritizing user security through best-in-class technology protocols at every corner.
Visit Metaspin
CryptoLeo CryptoLeo 150% Welcome Bonus Up to 3,000 USDT + Free Spin On The Bitcoin WheelRead Our Full Review Here
With vast game variety, lucrative crypto-exclusive bonuses, and smooth blockchain transactions, CryptoLeo makes a compelling case as an innovative, player-friendly option to satisfy cryptocurrency gambling enthusiasts.
Massive 6,000+ game portfolio spanning slots, tables, live dealersLucrative cashback incentives through VIP tiersRapid no-limit crypto withdrawals under 24 hoursSleek modern interface optimized across desktop and mobile CryptoLeo is an innovative online casino launched in 2022 that caters specifically to cryptocurrency users by exclusively accepting deposits, gameplay, and withdrawals in major digital tokens like Bitcoin, Ethereum, and Litecoin.
CryptoLeo stands out through its immense 6,000+ game portfolio spanning all varieties, lucrative signup bonuses up to 3,000 USDT, and focus on leveraging blockchain technology for rapid no-limit transactions and enhanced security.
Homepage CryptoLeo's modern aesthetic and loyalty incentives like cashback and VIP status help further differentiate its crypto-centric offerings amid a crowded market. By integrating cryptocurrency throughout the banking, bonus, and product flows, CryptoLeo removes friction for crypto holders interested in a gaming hub tailored to virtual currencies.
Key Points Offers a very generous 150% first deposit bonus up to 3,000 USDT plus free spins, effectively tripling player bankrolls Huge selection of over 6,000 games including slots, tables, live casino, bingo, and more from top providers Focused on fast, low-cost transactions through major cryptocurrencies like BTC and ETH Implements strict security protections like blockchain encryption, certified RNG testing, and mandatory account verification Intuitive betting interfaces across casino, sportsbook, and unique offerings like predictions contests VIP program provides escalating perks and up to 25% cashback on losses as players accumulate loyalty points Modern, sleek website design optimized for desktop and mobile with fluid cross-device syncing Innovative features like P2P marketplace, token offerings, game streaming, and sports betting convergence CryptoLeo presents a compelling destination catering directly to the growing intersection of cryptocurrency and online gambling. As a crypto-native platform, CryptoLeo seizes the advantages of digital currency integration conveying demonstrable player benefits around deposit/withdrawal efficiency, security, incentives, and innovation.
Perks like expedited cash flow via near-instant blockchain transactions, lucrative matching bonuses exclusively available to crypto users, and the ongoing addition of forward-thinking ancillary products spotlight CryptoLeo’s efforts to unlock blockchain technology’s unique utilities within the gambling arena.
For cryptocurrency aficionados also engaged in online gambling, CryptoLeo warrants consideration as a premier destination better positioned than most to serve this underrepresented audience by tapping into crypto’s transactional advantages and disruptive nature.
Visit CryptoLeo
Bets.io Bets.io Welcome Bonus Up To 5 BTCRead Our Full Review Here
Bets.io is a great one-stop crypto casino playground for players seeking generous bonuses, fast payouts and an ever-expanding catalog of visually stunning games alongside fully-featured sports betting.
Quick withdrawals processed under 5 minutesLucrative crypto welcome bonus up to 5 BTCFully licensed site with 5000+ gamesGreat variety of slots, table games and live dealer options24/7 customer support via live chat and email Bets.io is a leading cryptocurrency-based online casino launched in 2021 that provides players over 5000 high-quality games to wager real money on using popular coins like Bitcoin, Ethereum, and Litecoin. Licensed in Curacao, this futuristic gambling site is quickly gaining traction for its generous welcome bonuses up to 5 BTC, fast crypto payouts in under 5 minutes, and dedication to VIP rewards through its loyalty program.
Bets.io Homepage Players also have access to extensive sports betting markets, daily cashback deals, tournaments with lucrative prize pools, and 24/7 customer support. With its modern, mobile-friendly design and reputation for reliable performance, Bets.io checks all the right boxes for crypto enthusiasts seeking a feature-rich iGaming and sports betting platform.
Key Points Generous welcome bonus up to 5 BTC across first 3 deposits + 100 free spins Wide variety of over 5000 games including slots, table games, live dealer rooms Quick crypto withdrawals processed under 5 minutes Licensed and regulated for fair play by Curacao government 24/7 customer support via live chat and email Modern design with mobile compatibility Lucrative ongoing promotions like cashback deals and tournaments Accepts major cryptocurrencies Bitcoin, Ethereum, Litecoin etc Extensive sports betting markets across soccer, basketball, tennis Established reputation for timely payouts and reliable performance Intuitive user interface with easy account registration process VIP program rewards loyal players with special perks and bonuses With its stellar selection of thousands of games, lucrative crypto bonuses, fast payouts, and robust customer support, Bets.io has secured its place as a premier destination for cryptocurrency gambling and sports betting. By catering specifically to digital coin users with competitive promotions, modern aesthetics, and dedication to performance – this licensed platform provides a smooth entertainment hub for both casual punters and high-rollers alike. As Bets.io continues expanding its features and reputation within the crypto sphere, it’s clear this online casino powerhouse has laid the groundwork to deliver players a superior next-gen iGaming experience for years to come.
Visit Bets.io
Winz Casino Winz Casino 100% Match Up to 6 BTC + 300 Free SpinsRead Our Full Review Here
With its growing catalog of games, crypto focus, appealing welcome bonus, licensed operations, and easy-to-use mobile platform, Winz Casino provides a feature-rich, modern online casino experience tailored for both cryptocurrency enthusiasts and general gambling fans.
Well Designed CasinoGood range of GamesGood signup bonusesCrypto & Fiat Payments Despite its youth compared to other blockchain casinos, Winz has rapidly expanded its gaming catalog to over 1,000 high-quality slots, 70+ jackpot titles, a full suite of popular table options, and a live dealer casino streamed in HD.
Winz Casino Homepage The platform also offers new players a generous 100% matched deposit bonus up to 1 BTC plus free spins. And with modern features like cashback rewards, tournaments, and a slick web-based platform for easy desktop and mobile access.
Key Points New crypto-first online casino launched in 2020 Already over 1,000 slots titles and 70+ jackpot games Full range of popular table games plus live dealer casino Appealing 100% up to 1 BTC welcome bonus + free spins Regular promotions like tournaments, free spins, cashback Leading cryptocurrencies supported for fast transactions As a relative newcomer founded in 2020, Winz Casino has quickly made a name for itself as a premier destination for cryptocurrency gambling enthusiasts of today and tomorrow alike. Its ever-growing catalog spanning over 1,000 games demonstrates an emphasis on variety, quality, and constant improvement.
A generous matched welcome bonus allows new players to maximize their initial experience, while tournaments, cashback deals and more cater extensively to return visitors.
And with a slick web-based platform granting easy access for desktop and mobile players, Winz Casino positions itself as a frontrunner to drive the new era of crypto-powered iGaming thanks to its blend of innovation and dedication to player experience.
Visit Winz
Guide to Crypto Gambling With SUI The landscape of online gambling has undergone significant transformation with the emergence of cryptocurrency casinos. Among these digital currencies, SUI has emerged as an intriguing option for online gamblers.
Crypto Gambling With SUI The integration of this relatively new blockchain solution into the gambling sphere represents an innovative approach to digital betting, combining the benefits of decentralized finance with traditional casino gaming.
About SUI SUI, developed by Mysten Labs, is a layer-1 blockchain platform designed for high-performance decentralized applications. Built using the Move programming language, SUI offers unique features that make it particularly suitable for gambling applications. Its parallel execution capability allows for faster transaction processing, while its object-centric architecture provides enhanced security and scalability.
Understanding Crypto Casinos Crypto casinos represent a revolutionary shift in online gambling, operating on blockchain technology to provide transparent and decentralized gaming experiences. These platforms differ from traditional online casinos by leveraging cryptocurrencies like SUI for transactions, enabling faster processing times and enhanced privacy for users.
BC Game is a very highly regarded Crypto casino When gambling with SUI, players benefit from the blockchain’s inherent characteristics. The platform’s ability to handle parallel transactions means that multiple bets can be processed simultaneously, reducing waiting times significantly. This technical advantage translates into a smoother gaming experience, particularly during peak usage periods.
Legal Status of Crypto Casinos The regulatory landscape for crypto casinos remains complex and varies significantly across jurisdictions. While some countries have embraced cryptocurrency gambling, others maintain strict restrictions or outright bans. Casinos accepting SUI typically operate under licenses from jurisdictions such as Curacao, Malta, or Panama, which have established frameworks for crypto gambling operations.
MetaWins is a top crypto-native casino Licensing requirements for crypto casinos often mirror those of traditional online gambling platforms, with additional provisions for cryptocurrency handling. Operators must demonstrate robust security measures, fair gaming practices, and proper customer identification protocols, even while maintaining the privacy benefits inherent to cryptocurrency transactions.
How We Selected the Best SUI Casinos Our evaluation process for SUI-compatible casinos involves rigorous assessment across multiple criteria. We examine each platform’s technical integration with the SUI blockchain, ensuring seamless transaction processing and proper implementation of smart contracts. Security measures, including cold storage practices and multi-signature wallets, receive particular scrutiny.
Lots of Regular Promotions on JackBit The reputation and operational history of each casino factor heavily into our selections. We analyze user feedback, investigate the platform’s transparency in displaying game odds and house edges, and verify the legitimacy of their gambling licenses. Regular audits by recognized third-party organizations also play a crucial role in our assessment.
Features to Look for in a Crypto Casino Game Selection and Variety: Comprehensive library of traditional casino games, sports betting options, and exclusive crypto games, with regular updates and new releases Blockchain Security Implementation: Strong encryption protocols, secure wallet integration, and regular security audits to protect user funds and personal information Reward Systems and Promotions: Competitive welcome bonuses, ongoing promotions, and loyalty programs specifically designed for SUI users, with fair wagering requirements Platform Interface and Accessibility: Intuitive website design, mobile optimization, and seamless integration of SUI wallet connections Support Infrastructure: 24/7 customer service availability through multiple channels, with specific expertise in handling SUI-related queries Provably Fair Gaming: Transparent verification systems allowing players to confirm game fairness through blockchain technology How to Get Started with SUI Gambling Beginning your journey in SUI gambling requires careful preparation and understanding of the cryptocurrency ecosystem. First, you’ll need to set up a compatible digital wallet that supports SUI tokens. Popular options include Sui Wallet and other officially supported wallets that prioritize security and ease of use.
Acquiring SUI tokens involves creating an account on a cryptocurrency exchange that lists SUI. After completing the necessary identity verification processes, you can purchase SUI using fiat currency or other cryptocurrencies. It’s crucial to understand the current market value and transaction fees associated with SUI transfers.
CloudBet is a Top Rated Crypto Casino & Sportsbook Making deposits at crypto casinos requires connecting your SUI wallet to the gambling platform. This process typically involves scanning a QR code or copying the casino’s wallet address. Withdrawals follow a similar process in reverse, with winnings being transferred directly to your personal SUI wallet.
Responsible Gambling in SUI Casinos Responsible gambling takes on added importance in the cryptocurrency space due to the potential for rapid transactions and significant value fluctuations. Reputable SUI casinos implement comprehensive responsible gambling tools, allowing players to set daily, weekly, or monthly deposit limits. These restrictions help maintain control over gambling activities and prevent excessive losses.
Empire is one of our favourite crypto casinos! Self-exclusion options provide an important safety net for players who need to take a break from gambling. These programs can be implemented for various durations, from short cooling-off periods to permanent exclusion. The blockchain nature of SUI transactions adds an extra layer of accountability to these protective measures.
Professional support resources remain vital for addressing problem gambling behavior. Many crypto casinos partner with gambling addiction support organizations and provide direct links to helplines and counseling services. The anonymity of cryptocurrency transactions shouldn’t prevent players from seeking help when needed.
Pros and Cons of SUI Casinos Advantages: High-speed transactions leveraging SUI’s parallel processing capabilities Enhanced privacy protection through blockchain technology Lower transaction fees compared to traditional payment methods Transparent and verifiable gaming outcomes through blockchain verification Potential for innovative gaming experiences using smart contracts Access to exclusive crypto-specific bonuses and rewards Protection against currency manipulation through decentralized systems Disadvantages: Market volatility affecting the value of gambling funds Learning curve associated with cryptocurrency usage Limited availability compared to traditional online casinos Regulatory uncertainty in many jurisdictions Potential for technical complications during wallet setup Risk of permanent loss if wallet credentials are misplaced Fewer customer protection mechanisms compared to regulated fiat casinos Conclusion The SUI casino landscape is still in its early stages but shows tremendous promise for the future of crypto gambling. The platforms we’ve featured demonstrate the potential of SUI integration in online gaming, offering players a seamless blend of blockchain technology and traditional casino entertainment.
As the Sui Network continues to evolve and more casinos adopt SUI tokens, we expect to see even more innovative features and improved gaming experiences. Whether you’re a seasoned crypto gambler or new to blockchain-based betting, these SUI casinos provide a solid foundation for exploring this exciting intersection of cryptocurrency and online gaming.
FAQs What is a SUI Casino? A SUI casino is an online gambling platform that accepts SUI tokens as a payment method for deposits and withdrawals. These casinos operate on blockchain technology and allow players to enjoy traditional casino games using the native token of the Sui Network.
Are SUI Casinos Legal? The legality of SUI casinos depends on your jurisdiction. While cryptocurrency gambling is permitted in many countries, it’s essential to verify your local gambling laws and regulations before participating.
How Do I Deposit SUI at Online Casinos? To deposit SUI at an online casino, you’ll need to create an account, connect your SUI wallet, and transfer tokens to the casino’s deposit address. Most platforms provide step-by-step instructions and QR codes to simplify the process.
What Games Can I Play with SUI? SUI casinos typically offer a wide range of games including slots, blackjack, roulette, baccarat, poker, and live dealer games. The available game selection varies by platform but generally mirrors traditional online casinos.
How Long Do SUI Withdrawals Take? SUI withdrawals are typically processed within minutes due to the blockchain’s efficient transaction processing. However, some casinos may have additional verification requirements that can extend the withdrawal time.
Why Choose SUI Over Other Cryptocurrencies for Gambling? SUI offers several advantages including fast transaction speeds, low fees, and strong security features. The Sui Network’s scalability also ensures consistent performance during high-traffic periods.
Can I Earn Rewards While Gambling with SUI? Many SUI casinos offer loyalty programs, cashback rewards, and promotional bonuses. These rewards may be paid out in SUI tokens or other cryptocurrencies, depending on the platform.
Is My SUI Safe at Online Casinos? Reputable SUI casinos implement strong security measures including encryption, two-factor authentication, and cold storage for funds. However, it’s recommended to only keep necessary playing amounts in your casino wallet.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
@SuiNetwork has officially launched the Hashi testnet, a protocol designed to put native $BTC to work on the Sui blockchain without requiring holders to bridge or wrap their assets. The move represents one of the more concrete attempts to bring Bitcoin's substantial liquidity into decentralised finance at an institutional scale.
Targeting Dormant Bitcoin CapitalThe scale of the opportunity Hashi is chasing is significant. According to onchain data from DefiLlama cited in a Cointelegraph report, only around 0.22% of Bitcoin's total supply, roughly $3.07 billion, is currently deployed in DeFi protocols. With Bitcoin's market cap exceeding $1 trillion, Hashi's backers argue that the gap between available capital and active deployment is too large to ignore.
First announced in March 2026, Hashi is developed primarily by Mysten Labs, the core contributor to Sui. Its central proposition is straightforward: allow $BTC holders to lend, borrow, and earn yield against their holdings using on-chain smart contracts, without relying on wrapped or synthetic representations of the asset. The collateral stays on the Bitcoin network, while Sui manages the cryptographic and programmatic rights.
Guardian Layer and Institutional BackingThe testnet rollout introduces what the team calls the "Guardian Layer," a defense-in-depth security model built around a 2-of-2 multisig requirement between Hashi validators and independent guardians. The structure is designed to remove the trust assumptions that have historically made institutional capital cautious about DeFi participation.
The institutional line-up behind the project is broad. As reported by KuCoin, Cumberland, SwissBorg, and Fluid are among the latest partners, joining existing backers that include BitGo, Blockdaemon, and Ledger, bringing the total partner count to more than 20. SwissBorg is focused on connecting its high-net-worth client base to BTC-backed lending products, while Fluid is targeting institutional-grade lending markets using Bitcoin collateral on Sui.
The testnet phase is intended to widen testing to institutions, custodians, and DeFi teams under realistic conditions before any significant capital moves to mainnet. Sui-native protocols including Suilend, Scallop, and NAVI Protocol have signalled plans to integrate Hashi once it is live at scale.
For $BTC holders, the pitch is the ability to access credit and yield without selling or moving their Bitcoin off its native network.
Sources:
Sui Blog: A New Era of Bitcoin-Based Finance Begins: Meet Hashi on Sui
TradingView/Cointelegraph: Bitcoin finance protocol Hashi launches on Sui with BitGo, FalconX backing
KuCoin: Sui's Bitcoin financial primitive, Hashi, will launch its testnet in July
Bitcoin has always been the elephant in the DeFi room. It holds the most value of any crypto asset, yet most of it just sits there, doing nothing, while the rest of DeFi runs on Ethereum and its cousins. Hashi, a new Bitcoin collateralization protocol built on Sui, is trying to fix that, and its testnet is now live at devnet.hashi.sui.io.
The core pitch is straightforward: deposit native Bitcoin, mint hBTC on Sui, and use it as programmable collateral for institutional lending and stablecoin borrowing, all while the actual BTC never leaves the Bitcoin blockchain.
What the Guardian Layer actually does The protocol uses multi-party computation (MPC) threshold signatures, requiring consensus of one-third of validators, which reduces the risk of collusion or any one player getting compromised.
Advertisement
On top of that sits the Guardian Layer. Think of it as a circuit breaker. Before any significant BTC withdrawal clears, the Guardian Layer steps in to verify it against predefined thresholds. In plain terms: if someone tries to pull an unusually large amount of Bitcoin out of the system, an additional layer of verification kicks in before anything moves.
The BTC deposit flow works like this: a user deposits Bitcoin on the native chain, Sui validators confirm the deposit, and hBTC gets minted on Sui for use in smart contracts. The underlying Bitcoin never moves to a wrapped version on another chain. It stays put. The programmability happens on Sui’s side, using the Move programming language to enforce strict asset ownership rules.
Institutional names already in the room Hashi’s launch has drawn backing from SwissBorg, Cumberland, Fluid, BitGo, and Ledger, a lineup that covers crypto-native trading desks, custody infrastructure, and retail-facing wealth platforms.
The use cases Hashi is prioritizing reflect that: institutional lending against BTC collateral, and stablecoin issuance backed by verifiable Bitcoin positions.
What the July 2026 timeline signals for investors The current testnet is described as a devnet phase, with a global testnet rollout targeted for July 2026.
The revenue model runs on interest spreads. When institutions borrow against BTC collateral, the spread between deposit rates and borrowing costs generates yield. That yield flows through the protocol, creating an economic engine that doesn’t depend on token inflation or speculative demand.
What to watch in the near term: how the devnet performs under stress conditions, whether any of the named institutional backers publicly commit capital to the mainnet launch, and how Sui’s broader DeFi ecosystem responds to having a native BTC collateral primitive available. If the Guardian Layer holds up under adversarial conditions during testing, that will be the most important data point before the July 2026 rollout.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Direct Rewards, No Third-Party Required@Coinbase has officially launched native staking support for $SUI, giving users the ability to earn protocol-level rewards without leaving the exchange interface. The integration removes the need for manual validator delegation or external custody solutions, crediting rewards directly and automatically to user accounts.
Coinbase's staking page for SUI shows that approximately 2.9 billion SUI tokens are currently staked on the platform, representing a staking market cap of around $2.3 billion. That figure reflects the scale of demand already in place ahead of this native integration.
For context on how the underlying protocol works: Sui employs a Delegated Proof-of-Stake (DPoS) consensus mechanism in which validators' voting power is determined by the amount of stake delegated to them by SUI holders. Rewards accrue every epoch, which corresponds to roughly 24 hours, and the standard estimated APR sits at around 3.25%, though this varies with validator performance and network conditions.
A Growing Network Behind the IntegrationThe timing of the Coinbase rollout aligns with a period of sustained expansion for @SuiNetwork. Sui processed over $1 trillion in stablecoin transfers ahead of its March 2026 native stablecoin launch, with $111 billion in volume recorded in January 2026 alone. The network has also surpassed 4.5 billion total transactions, with 1.2 million daily active wallets as of late July 2026, according to CoinMarketCap data.
Coinbase has maintained a close relationship with the Sui Foundation since the network's mainnet launch, participating in its Incentivized Testnet and collaborating on protocol design. The exchange's Cloud infrastructure manages node complexity and creates delegation flows for end users, offering a secure path to earn protocol rewards.
By bringing that infrastructure directly into the retail exchange product, Coinbase lowers the barrier further for holders who want yield from $SUI without navigating wallet setups or validator selection.
Sources:
Coinbase SUI Staking Page
Coinbase Cloud Non-Custodial SUI Staking
DAIC Capital: SUI Staking Overview
Coinbase has announced that it will be supporting staking on Sui (SUI) and eligible customers will be able to earn rewards directly from Coinbase. The announcement is part of another Sui milestone as it launches the Hashi testnet. For context, Hashi will serve as a platform for developers and institutional partners focused on Bitcoin infrastructure to test key features before moving to mainnet.
Coinbase Enables Sui Staking For Users Announcing the feature on X on Wednesday, July 22, Coinbase said, “You can now stake SUI – directly on Coinbase.” The exchange added that users can receive “Instant rewards, accumulated straight to your account.” Meanwhile, it noted that users will benefit as there’ll be “less time spent searching, and more time spent earning.”
The exchange announced that it will allow users to start staking for a minimum of 1 SUI. Rewards are estimated in the range of 1.4% – 3.3% per year, and are paid out daily at the end of every 24-hour network epoch. Staking rewards are automatically added back into users’ staked balances through auto-compounding.
Coinbase noted staking is currently not available in all jurisdictions as well. “Staking is not available in all regions,” the exchange added in the announcement. It added that the information provided is not intended to be investment advice or a buy/sell recommendation for any digital asset.
Further, it’s worth noting that the Sui Staking launch coincided with Coinbase and the U.S. Securities and Exchange Commission (SEC) putting an end to the years long FOIA lawsuit. On Wednesday, the U.S. SEC agreed to pay $150,000 to Coinbase for settlement.
You can now stake SUI – directly on Coinbase.
Instant rewards, accumulated straight to your account.
Less time spent searching, and more time spent earning. pic.twitter.com/7PdKdUJ4MH
— Coinbase 🛡️ (@coinbase) July 22, 2026
However, despite the slew of positive developments around the crypto exchange, its COIN stock is suffering from a downtrend. At press time, the COIN share price slumped 3.67% to $169.40 in the intraday trading session today.
About The Hashi Testnet Release Coinbase’s Sui staking rollout is also in tandem with Sui’s Hashi testnet. This platform was launched to allow developers, financial institutions and custodians, and over 25 partners in the ecosystem to start building and testing financial applications using Bitcoin before the mainnet launch.
It aims to Sui’s high-performance blockchain with Hashi’s Guardian Layer. For context, the Guardian Layer is a security protocol that enhances the control of Bitcoin collateral.
In addition, it facilitates transparent and programmable on-chain finance. With this, the new infrastructure on Sui-backed Hashi testnet aims to provide a more robust and secure environment for on-chain finance.
Further, the project is set to extend Bitcoin’s use beyond simply being a store of value. It eyes to include BTC-focused financial applications like lending, credit products, yield strategies, and other institutionalized financial products on the Sui network.
For those looking for other crypto staking rewards, visit our page on Crypto Staking Platforms.
DEXE has fallen from a high of $46 to $4. The sellers drive the long-term direction. DEXE is showing early signs of stabilisation after one of its steepest declines, with the token falling from the $46 range to around $4 in a dramatic sell-off over the last 24 hours. It was just nine days after reaching its all-time high of $48.89. The asset is now trading nearly 90% below its peak, reflecting the intensity of recent bearish pressure.
Despite the sharp correction, technical analysts have identified a falling wedge on the chart, a pattern that is associated with bullish reversals when confirmed by a breakout. Also, DEXE’s price action has continued to tighten within the wedge, suggesting that selling momentum may be slowing as buyers begin to defend key support levels.
A decisive move above the wedge’s descending resistance could trigger a relief rally and improve short-term market sentiment. The recent collapse has significantly weakened investor confidence, leaving bears in control of the broader trend. Unless DEXE reclaims important resistance levels, downside risks are likely to persist.
For now, the token sits at a critical technical crossroads. A confirmed breakout could attract renewed buying interest and shift momentum back toward the bulls, while another rejection may extend the current period of weakness and keep pressure on the asset.
Will DEXE Bears Deepen the Losses or Reverse the Momentum? If the bearish correction intensifies, the potent bears could push the DEXE price to the crucial support at $3.75. A continuous loss might initiate the death cross to take place, which likely triggers the price to face more downside.
Upon a momentum reversal, the DEXE price would immediately test the nearest resistance and climb to $4.90. Once the bulls find their ground and reinforce its upside move, a golden cross might emerge, which sends the asset higher.
DEXE’s Moving Average Convergence Divergence (MACD) line is below the signal line. The short-term selling pressure is picking up speed, and downward momentum is actively accelerating. Both lines are below zero, indicating that the overall trend is down.
The sellers are driving the long-term direction, and this is a strongly bearish signal. It’s a high-risk area to buy and favours waiting out the slide until the lines start curving back up.
Furthermore, the daily Relative Strength Index (RSI) reading of 19.68 falls deep in oversold territory. Panic has pushed the DEXE price down sharply in a short timeframe. It is severely stretched to the downside, and likely not guaranteed to see a full trend reversal.
Notably, a short-term relief rally is common from these levels. Traders have to wait for the value to start moving back above 20 or 30 to confirm that the buyers are actually stepping back in.
Crypto Market Highlights
Movement Labs Files for Chapter 11: Move Industries Clarifies It Is Not Affiliated With MVMT Labs
Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain
Crypto criminals are increasingly targeting people, not just digital wallets, as violent attacks climb globally.
So-called wrench attacks — where criminals use violence to coerce victims to hand over cryptocurrency — have accelerated this year, according to a new report by blockchain security firm CertiK, which tracks cyber threats and security incidents in the digital asset industry. CertiK verified 52 physical attacks against digital asset holders globally in the first half of 2026, up 33% from a year earlier. France, with 33 attacks, accounted for nearly two-thirds of publicly reported cases.
Key Highlights Jack Mallers departed from his Twenty One Capital CEO position on July 20 to refocus on Strike operations Former Wall Street executive and Elektron Energy founder Raphael Zagury assumes the chief executive role A planned merger combining Twenty One Capital, Strike, and Elektron Energy has been terminated The firm maintains a Bitcoin reserve of 43,514 BTC valued at approximately $2.9 billion, ranking second among corporations Share price for XXI declined nearly 15% on July 21 in response to the announcement Twenty One Capital has announced Jack Mallers’ resignation from the CEO position, effective as of July 20. The board of directors has appointed Raphael Zagury to succeed him in the leadership role.
🚨BREAKING: Jack Mallers steps down as CEO of Twenty One Capital
Mallers announced his resignation from $XXI, the Tether-backed Bitcoin treasury company launched in April 2025, saying the role helped clarify his long-term priorities.
The departure comes amid a brutal decline… pic.twitter.com/Swpo4ivqH2
— Coin Bureau (@coinbureau) July 22, 2026
Mallers played a founding role in establishing Twenty One Capital and led the company through its December 2025 public debut on the New York Stock Exchange via a SPAC transaction with Cantor Equity Partners.
Three-Way Combination Terminated The leadership change coincides with the termination of a proposed tripartite merger involving Twenty One Capital, Strike, and Elektron Energy. Tether initially unveiled this strategic combination at the Bitcoin Conference in April 2026.
The proposed transaction aimed to unite Twenty One’s substantial Bitcoin reserves, Strike’s payment technology infrastructure, and Elektron’s cryptocurrency mining capabilities under a single publicly traded entity. That arrangement has now been abandoned.
Strike will continue operating independently. While Twenty One and Elektron are exploring a potential bilateral arrangement, no formal agreement has materialized.
Mallers addressed his departure succinctly on X: “My life’s work remains Bitcoin. My Bitcoin company is Strike. The work continues.”
I've decided to step down as CEO of Twenty One.
This wasn't an easy decision, but it was the right one. This experience brought tremendous clarity about who I am and what I want to build.
My life's work remains Bitcoin. My Bitcoin company is @Strike.
The work continues. pic.twitter.com/L70YFYPt11
— Jack Mallers (@jackmallers) July 21, 2026
Leadership Transition Brings Strategic Pivot Zagury arrives with extensive financial services credentials. His career includes senior roles at Goldman Sachs, Deutsche Bank, and Merrill Lynch, followed by co-founding investment banking firm One Partners and Brazilian digital lending platform OpenCo.
Prior to his CEO appointment, he served as an independent board member at Twenty One Capital and interim audit committee chairman.
Contrasting with Mallers’ emphasis on accumulating Bitcoin assets, Zagury is articulating a strategy centered on institutional rigor. He stated that Twenty One “should be measured by the cash flow it generates and the discipline with which it allocates capital.”
Tether’s CEO Paolo Ardoino, a Twenty One board member, expressed appreciation for Mallers’ contributions in establishing the company and navigating its NYSE listing process.
Treasury Position and Market Response Twenty One Capital maintains custody of 43,514 BTC, positioning it as the second-largest corporate Bitcoin holder after Strategy. At prevailing market rates, the portfolio is valued near $2.9 billion, compared to an acquisition cost basis around $3.69 billion.
XXI stock experienced a nearly 15% decline on July 21, with trading occurring between $4.60 and $5.40. The security has retreated approximately 53% from its 2025 high near $47.
In May 2026, Tether strengthened its ownership position by acquiring SoftBank’s approximately 25% equity stake, which the Japanese conglomerate had initially purchased for $999.3 million.
Under new management, the organization has identified five strategic focus areas: strengthening corporate governance frameworks, developing operational business units, increasing capital markets engagement, pursuing selective acquisitions, and launching a Bitcoin-collateralized lending operation.
The company’s upcoming quarterly results are anticipated in early August, when stakeholders will seek clarity on Elektron negotiations and Zagury’s strategic direction.
Twenty One Capital has abandoned plans to merge with Bitcoin financial services company Strike, ending a key part of a proposed three-way combination backed by Tether.
Summary
Strike will remain independent after Twenty One abandoned plans to combine three major Bitcoin businesses. Jack Mallers stepped down as Twenty One CEO to focus on Strike’s next growth phase. Elektron founder Raphael Zagury now leads Twenty One while both companies continue evaluating a possible combination. The company confirmed the change on July 21 alongside a leadership shake-up. Jack Mallers stepped down as Twenty One’s chief executive to focus on Strike, while Elektron Energy founder Raphael Zagury took over as CEO effective July 20. Strike will continue operating as an independent company.
I've decided to step down as CEO of Twenty One.
This wasn't an easy decision, but it was the right one. This experience brought tremendous clarity about who I am and what I want to build.
My life's work remains Bitcoin. My Bitcoin company is @Strike.
The work continues. pic.twitter.com/L70YFYPt11
— Jack Mallers (@jackmallers) July 21, 2026 The decision ends the original plan to combine Twenty One’s Bitcoin treasury business, Strike’s financial services platform and Elektron’s mining infrastructure. However, Twenty One said a separate transaction with Elektron remains under review and has not reached a definitive agreement.
Strike exits broader Bitcoin consolidation plan Tether proposed the wider combination in April. The plan called for Twenty One to merge with Strike before pursuing another transaction with Elektron Energy. The proposed structure would have brought Bitcoin treasury management, payments, lending and mining under one corporate group.
As crypto.news previously reported, the proposal initially sent Twenty One shares higher in after-hours trading. At the time, Tether said the expanded business could move Twenty One beyond holding Bitcoin and into operating businesses capable of generating recurring revenue.
That strategy has now changed. Twenty One said Strike “plans to remain a standalone business and is no longer being considered for a business combination” with the company. Mallers will also return his full attention to the business he founded.
Mallers said, “Serving Bitcoiners has always been the mission, and that doesn’t change. Strike is where I carry it forward.” Twenty One did not provide a detailed reason for ending the proposed combination with Strike.
Raphael Zagury takes control of Twenty One Zagury now takes charge as Twenty One shifts its strategy toward operating businesses, capital markets services, Bitcoin-backed financial products and lending. He previously served as a Twenty One director while leading the team behind Elektron Energy.
“My job is to build the operating company around it,” Zagury said, referring to Twenty One’s large Bitcoin balance sheet. He added that the company plans to focus more closely on cash flow and capital allocation alongside its Bitcoin holdings.
Twenty One and Elektron could still combine. The company said any potential acquisition remains at a preliminary stage and would require review under rules covering related-party transactions. It also warned that there is no guarantee the companies will reach or complete a final deal.
The narrower talks come after Tether increased its control over Twenty One earlier this year. Tether acquired SoftBank’s entire stake in the Bitcoin treasury company in May, ending one of Twenty One’s largest outside ownership positions.
Twenty One resets strategy after ownership changes The management transition follows other changes at Twenty One since the SoftBank exit. As previously reported, the company received an NYSE compliance notice after board departures left its audit committee below required independence levels.
Twenty One is now presenting itself as a broader Bitcoin-focused operating company rather than only a corporate treasury vehicle. Its updated priorities include acquisitions, capital markets activities and a Bitcoin-native lending business designed to let holders access liquidity without selling their assets.
For now, the original three-company consolidation plan is no longer moving forward. Strike remains under Mallers as an independent business, Zagury has taken control of Twenty One, and talks involving Elektron continue without a final agreement.
A Wanchain bridge exploit on Monday drained 290 million NIGHT tokens, sending the price down roughly 43% to an all-time low before a partial recovery brought it back nearly 19% within 24 hours.Hoskinson blamed legacy bridge architecture built by a third party and said AI-powered exploit discovery is accelerating vulnerabilities across all software, not just crypto.He argued zero-knowledge systems like Midnight are the long-term fix, replacing trust in bridge operators and multisigs with cryptographic proofs.Midnight's NIGHT token staged a sharp recovery after crashing to an all-time low following a bridge exploit earlier this week, with Charles Hoskinson using the incident to make a broader case for rethinking crypto security from the ground up.
NIGHT fell roughly 43% after 290 million tokens were stolen and dumped through a legacy Wanchain bridge on the Binance-Cardano corridor. The token has since bounced nearly 19% in 24 hours, trading around $0.022. Hoskinson pushed back at coverage that focused only on the crash. "Magically, they forget to mention the rebound," he posted on X.
Hoskinson described the hack as a "case of the Mondays" in an interview with CoinDesk but did acknowledge its seriousness in the broader context.
"All software is under this enormous assault," he said, pointing to a surge in Linux kernel vulnerabilities he attributed to AI-powered exploit discovery. He was direct about the limits of even well-built systems: "That's like being 90% resistant to a deadly disease. If you're exposed to it enough, eventually you still catch the disease."
Bridge hacks have been one of crypto's most persistent and costly attack vectors for years. Billions of dollars have been drained through cross-chain bridge exploits, including the Ronin, Wormhole and Nomad attacks, which collectively lost over $1.5 billion. The attacks typically target the smart contracts or multisig setups that facilitate token transfers between chains.
Hoskinson said zero-knowledge systems like Midnight are designed to eliminate that trust dependency entirely, replacing bridge operators and multisigs with cryptographic proofs.
12345678910
TRON Network - Q2 2026
TRON Network - Q2 2026
In Q2; TRON's stablecoin dominance rose to 28.7%, USDT supply on TRON hit $89B ATH, $89M in protocol fees (2nd to Hyperliquid), TRX +3%, and deepening institutional & agentic reach.
Jul 21, 2026
In Q2; TRON's stablecoin dominance rose to 28.7%, USDT supply on TRON hit $89B ATH, $89M in protocol fees (2nd to Hyperliquid), TRX +3%, and deepening institutional & agentic reach.
Why it matters:
In Q2; TRON's stablecoin dominance rose to 28.7%, USDT supply on TRON hit $89B ATH, $89M in protocol fees (2nd to Hyperliquid), TRX +3%, and deepening institutional & agentic reach.
Charles Hoskinson, founder of Cardano and key developer behind the privacy-focused blockchain project Midnight, emphasized the need to move past outdated bridge technology in the cryptocurrency industry after a recent exploit on the Wanchain bridge led to a significant theft and price crash for the NIGHT token.
Bridge exploit sinks NIGHT priceOn Monday, an exploit targeting a legacy Wanchain bridge resulted in the theft of 290 million NIGHT tokens. The tokens were quickly sold across the Binance-Cardano corridor, pushing the price of NIGHT down approximately 43% to a historic low before partial recovery.
Within 24 hours, NIGHT recovered roughly 19%, rebounding to trade around $0.022. Hoskinson, responding to coverage that primarily highlighted the crash, drew attention to the market’s recovery and stated the rebound was being overlooked by some observers.
Wanchain, a company dedicated to developing decentralized cross-chain bridge technology, was responsible for the bridge infrastructure involved in the incident.
Mini dictionary: Wanchain, a blockchain project that provides decentralized bridges to enable interoperability between different blockchain networks.
“All software is under this enormous assault,” Hoskinson said, pointing to a rise in Linux kernel vulnerabilities and attributing this trend to AI-powered exploit discovery. He noted that, while robust systems may reduce risk, constant exposure still leaves them vulnerable over time.
Security challenges in cross-chain bridgesBridge hacks remain a persistent and damaging threat within the crypto sector. In recent years, attacks on bridges like Ronin, Wormhole, and Nomad have collectively cost the industry over $1.5 billion.
These exploits typically target the smart contracts and multisignature (multisig) setups that facilitate token movements between blockchains. Once compromised, large sums can be drained rapidly due to limited underlying security.
BridgeYearLossRonin2022$620 millionWormhole2022$320 millionNomad2022$190 millionWanchain (NIGHT)2024290 million NIGHTHoskinson advocated for zero-knowledge systems such as Midnight, explaining that these platforms can eliminate the need for trust in bridge operators and multisigs by substituting cryptographic proofs for human intervention.
The case for zero-knowledge systemsHoskinson suggested that attackers are increasingly using AI tools to identify vulnerabilities across all types of software, not just within the crypto sector. He reiterated that, while improved architecture can help, legacy solutions often fail to fully protect projects from sophisticated attacks.
Zero-knowledge proof systems, like those used in Midnight, establish transaction validity without revealing underlying data. Hoskinson described this approach as the next step in advancing blockchain security and building greater resilience into cross-chain solutions.
Mini dictionary: Zero-knowledge systems are cryptographic protocols that allow one party to prove to another that a statement is true without revealing any specific details beyond the validity of the claim itself.
The incident has highlighted the ongoing debate about the best ways to secure rapidly evolving digital assets and infrastructure, especially as both attackers and defenders turn to advanced technologies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Key TakeawaysGeopolitical Turmoil Sparks Energy Market Volatility and Inflation ConcernsUpcoming Federal Reserve Decision Creates Additional Market UncertaintyPrecious Metals Rally Extends Beyond GoldGet 3 Free Stock Ebooks Gold surged past $4,130 per ounce midweek, posting a 1.3% single-day gain Escalating Middle East conflict, including US military action against Iran and Houthi shipping disruptions, fueled safe-haven buying Crude oil prices broke through $90 per barrel, intensifying inflation concerns before the upcoming Federal Reserve policy meeting The central bank is anticipated to maintain current interest rates while potentially indicating prolonged restrictive policy Other precious metals rallied alongside gold, with silver jumping more than 4% in the previous trading session Gold is currently trading above the $4,130 mark as escalating Middle East hostilities prompt a flight to traditional safe-haven assets, despite persistently high US dollar valuations and Treasury yields.
Gold Aug 26 (GC=F) Geopolitical Turmoil Sparks Energy Market Volatility and Inflation Concerns Gold futures advanced 1.5% to reach $4,137 during Wednesday’s trading session. This upward movement followed a substantial 2% surge in the prior session, marking the precious metal’s most impressive weekly performance in more than ninety days.
Military activity concentrated around critical maritime chokepoints, particularly the Strait of Hormuz and Red Sea corridor, continues to generate anxiety in global energy markets. In a notable development, three Saudi Arabian oil tankers reversed course in the Red Sea following a blockade declaration by Houthi militants.
🇺🇸🇮🇷 Ship traffic through the Strait of Hormuz has collapsed over the past 72 hours.
Tracking data shows activity nearly vanishing outside Iran’s shipping lane, while attacks on commercial vessels continue to be reported.
In plain English: the world’s most important oil…
— Mario Nawfal (@MarioNawfal) July 22, 2026
As a direct consequence, oil prices surged beyond the $90 per barrel threshold. This development maintains upward inflationary pressure and creates additional complexity for Federal Reserve policymakers.
President Donald Trump issued threats targeting Iranian nuclear infrastructure. Iran’s government responded with warnings that such military action would trigger broader regional escalation.
While Trump indicated Washington’s willingness to engage in diplomatic negotiations with Tehran, American military forces conducted their eleventh consecutive night of strikes in the region.
Upcoming Federal Reserve Decision Creates Additional Market Uncertainty The Federal Reserve’s policy committee convenes next week. Market consensus anticipates no adjustment to the current rate structure, though investors remain alert for any indication that elevated rates might persist if energy-linked inflation continues.
Elevated interest rates typically present challenges for gold investment, given the metal generates no income or dividends. However, gold’s resilience in the current environment suggests safe-haven demand is sufficiently robust to counteract this traditional headwind, according to market observers.
Tony Sycamore, a market analyst with IG, noted that gold‘s ability to maintain strength against dollar appreciation and climbing yields indicates investors are reasserting the metal’s protective portfolio role. He suggested improved retail positioning dynamics may also be contributing to support.
According to Sycamore’s technical analysis, preliminary evidence of a price floor is developing near the late-June support level of $3,942. A breakout above the early-July peak of $4,202 could establish momentum toward the 200-day moving average positioned around $4,494.
IG maintains a constructive outlook on gold provided prices remain above that critical late-June threshold.
Precious Metals Rally Extends Beyond Gold Silver prices increased 1.5% to $59.71 per ounce on Wednesday, building on the previous session’s 4% advance. Platinum gained 2.3% to reach $1,666.59.
From a technical perspective, gold confronts immediate resistance around $4,140, with a secondary barrier at $4,200. These price points represent the next critical challenges for bullish momentum.
Downside support is established near $4,020, with year-to-date lows situated around $3,950 providing additional cushion below current levels.
Gold has accumulated approximately 2.5% gains this week, with geopolitical uncertainty remaining the predominant catalyst for the rally.
Key Takeaways Rigetti Computing (RGTI) surged 7.65% Tuesday, significantly outpacing the tech sector’s 2.82% advance The uptick stemmed from general market strength rather than quantum-specific catalysts — Nasdaq broke a three-session decline Quantum computing peers posted gains ranging from 3.71% to 9.28%, with Infleqtion (INFQ) topping the group Technical indicators remain bearish — RGTI trades 34% under its 200-day moving average with death cross intact Wall Street analysts hold consensus Buy with $31.60 average target; second-quarter results scheduled for Aug. 11 Rigetti Computing (RGTI) shares jumped 7.65% Tuesday, reaching $15.34, as capital flowed back into high-beta technology stocks during a widespread market rebound.
Rigetti Computing, Inc., RGTI
The Nasdaq Composite climbed 1.3%, breaking a three-session slide. Meanwhile, the Philadelphia Semiconductor Index soared 5.2%, creating upward momentum for artificial intelligence and advanced computing equities. This environment provided tailwinds for quantum computing stocks broadly.
The rally extended beyond RGTI. D-Wave Quantum (QBTS) advanced 6.46%, IonQ (IONQ) increased 3.71%, Quantum Computing Inc. (QUBT) climbed 3.79%, while Infleqtion (INFQ) topped the sector with a 9.28% surge. The pattern suggested sector-wide rotation rather than news-driven momentum for individual companies.
Rigetti’s performance exceeded broader technology indices by approximately five percentage points. The S&P 500 increased 0.88%, the Dow Jones added 0.75%, and the Russell 2000 climbed 1.28%.
Chart Remains Technically Challenged Despite Tuesday’s advance, the technical setup remains problematic. RGTI currently sits approximately 10.9% beneath its 20-day moving average at $17.12 and roughly 34% below its 200-day moving average of $23.13.
A death cross established in February persists. The MACD indicator remains positioned below its signal line, while price behavior continues demonstrating declining peaks and troughs. Overhead resistance appears around $16.50, with downside support near $15.
The technology sector shows a 5.96% decline over the trailing 30-day period, though it maintains a 14.3% gain across the previous 90 days.
Q2 Results Approaching Rigetti plans to release second-quarter financial results on Aug. 11. Analyst consensus calls for a 5-cent per share loss, representing improvement from the 13-cent loss reported in the year-ago quarter. Revenue projections stand at $5.09 million, substantially higher than the $1.80 million recorded during the comparable 2024 period.
Analyst sentiment leans bullish with a consensus Buy recommendation and $31.60 mean price objective. Rosenblatt maintains the highest conviction at $40, while Needham targets $31 and Mizuho sets a $27 price target with an Outperform stance.
RGTI comprises 5.57% of the WisdomTree Quantum Computing Fund (WQTM), which gained 3.45% Tuesday. Exchange-traded fund activity can create additional volatility through forced buying or selling.
Rigetti traded up 7.65% at $15.34 at publication time.
Midnight (NIGHT) token price is up by 9% today, July 22, to trade at $0.021 at the time of writing. These gains come shortly after more than $13 million worth of NIGHT tokens were stolen in a hack on the Wanchain bridge that links Cardano to BNB Chain.
The hack pushed the price of NIGHT to an all-time low of $0.015, but an analyst now forecasts that the token could be on the verge of a massive recovery.
NIGHT Token Rallies as Analyst Eyes More Gains The NIGHT token crashed on July 21 after concerns emerged that the hacker who stole 515 million NIGHT from the Wanchain bridge hack would dump them in the market.
The resulting selling pressure pushed the price of NIGHT to $0.015, but analyst Crypto Dossier now says that this drop created a chance for traders to buy.
The analyst notes that the 39% increase from the record low price of $0.015 to $0.021 between July 21 and July 22 suggests that the NIGHT token is resilient and it could see more gains in the long-term.
“The community saw the dip as an opportunity, bought aggressively, and pushed it back up ~30% from the lows already… This kind of quick recovery shows real strength for the long term,” the analyst said.
This forecast comes after Midnight said it is in talks with exchanges to freeze the stolen NIGHT tokens, with such a move set to reduce the selling pressure.
Despite the optimism, NIGHT price is down by 98% from the all-time high of $1.81.
NIGHT Price Prediction as Bull Flag Pattern Forms The two-hour chart for the NIGHT token shows a bull flag. This pattern usually suggests that the price is cooling off after the recent gains.
This bull flag appeared as the price of NIGHT moved from $0.015 to $0.022. If the price closes above the obstacle at $0.022, it could gain by 63% and reach $0.0358.
The CMF reading of 0.13 suggests that the buying pressure is more than the selling pressure, and this could aid NIGHT token price in closing above the resistance of the bull flag.
However, if more traders sell to take profits, NIGHT price could move below the support of the bull flag at $0.021. This drop could invalidate the bull flag, and NIGHT could drop to the July 21 low of $0.019.
NIGHT/USDT: 2-hour Chart (Source: TradingView) The MACD line that is negative suggests that the momentum is still favoring bears despite NIGHT gaining by 39% from its all-time low of $0.015. This negative sentiment likely stems from escalating geopolitical tensions that are weighing on crypto prices.
NIGHT’s Open Interest Soars Amid Surging Short Bets Data from Coinglass shows that the open interest for the NIGHT token has increased by 10% today, July 22, to $23 million at the time of writing.
This OI has also climbed from $15 million on July 19 to $25 million on July 22, marking its highest reading since June 4.
NIGHT Token Open Interest (Source: Coinglass) The OI is likely rising because of short sellers who are opening new positions to bet that the price of NIGHT token might drop again. This rise in short sellers is shown by the funding rate that has a reading of -0.021.
The long/short ratio for the NIGHT token has also dropped to 0.52 on Binance, which shows that there are more short sellers than long buyers.
This suggests that despite analysts flipping bullish that NIGHT might recover after the recent crash, futures traders are predicting that the token will crash.
A weekly close below $51,000 would invalidate the entire setup, making that support level the key line to watch.
Crypto analyst EGRAG CRYPTO posted on X on Wednesday that Bitcoin (BTC) is forming an Adam and Eve double bottom on its weekly chart, a pattern that is not yet confirmed but could open the door to $173,000 if it plays out.
The setup hinges on a decisive weekly close above $83,000, followed by a retest that holds that level as new support.
The Setup the Analyst Is Watching According to EGRAG, the double bottom is forming inside the $51,000 to $67,000 support band, with an aggressive V-shaped low forming the Adam side and a slower, rounded base forming the Eve side. The neckline sits at $83,000.
Getting there, per EGRAG’s roadmap, means holding the current bottom, reclaiming $68,000, then breaking and retesting $83,000 before the move can extend toward $103,000, then $120,000 to $126,000, and finally $173,000.
“$83K is the gateway,” wrote the analyst. “Break it, hold it, and the Adam & Eve structure can trigger the next major expansion.”
However, he did warn that a weekly close below approximately $51,000 would invalidate the whole setup.
Other traders have also chipped in with numbers of their own, including Ted Pillows, who pointed to Bitcoin’s daily Supertrend flipping green, noting that the last time that happened, BTC gained almost 15% in four weeks, and a repeat would put it near $76,000 by August.
But not everyone agrees the move up will continue, one of them being ChartNerd, who called this rally a countertrend move back in April. According to him, the 200-week EMA near $68,000 could be the local top before a final drop into late Q3 or Q4.
You may also like: China Pumps Billions in Tech ETFs: What Does It Mean for Bitcoin Miners? Bitcoin’s Next Big Move Hinges on Break Above This Key Level: Bitfinex Crude Oil Spikes Above $91: What It Means for Bitcoin (BTC) A separate note from Axel Adler Jr. added some nuance: realized volatility has fallen 31% this month to its lowest since 2016, and leverage, measured by open interest against market cap, has declined for 21 straight days, a combination he says makes the current bounce of more than 11% off the June 30 low near $59,000 less prone to a forced liquidation cascade.
Meanwhile, Markus Thielen, in a report for BIT, said implied volatility on Bitcoin and Ethereum options has climbed back to 36% after dropping to 31% from 44%, a shift he read as rising demand for upside calls heading into the usually quieter summer months.
Why Bitcoin Has Been Climbing BTC was trading near $66,000 at the time of writing, down slightly on the day but up over 2% in the past week and close to 3% in the last month.
Data from CoinGecko shows that at one point, the asset came within touching distance of $67,000 before it was dragged back to its current level, which puts it about 47% below its all-time high from October 2025 when it went past $126,000.
That bounce has come alongside a resumption in inflows for spot Bitcoin ETFs, after eight weeks of outflows, as well as improved sentiment following news that there has been some progress on the CLARITY Act’s ethics language.
Bitfinex has flagged $68,000 as the next test for the OG cryptocurrency. It says there’s a reaction zone between $67,900 and $68,300 where short-term holders may look to sell, and that a real breakout will need spot buying rather than speculation to hold.
Yield-bearing stablecoins, tokenized treasuries, and vaults built on offchain strategies together account for tens of billions of dollars of onchain value, and the figure keeps climbing as capital chases returns that originate in CeFi and traditional markets. Every one of those tokens inherits the same structural gap: it trades onchain while the strategy that backs it sits somewhere a smart contract cannot read.
This new paradigm puts asset issuers in a difficult position as the token holders, the risk curator sizing an allocation, and the lending market deciding whether to list it, all want to know the backing is real. The reality is none of them can see the custody balance, the exchange positions, or the loan book. So they ask for proof of it, and the answers always fall short.
The demand for proof contains three separate questions, and most current setups answer only the first.
Did the number come from the source it claims? Was it changed on the way onchain? And can the issuer prove the fact that actually matters, that reserves cover supply, without publishing the positions it would rather keep private? June this year showed what the open questions cost. A popular yield-bearing stablecoin lost its peg after the third-party service that verified its reserves suddenly cut ties. As a consequence, a lending market built on the token hit full utilization, stranding around $18 million, and the loss of confidence spread to a separate vault that never held it, because the two shared the same verifier.
Today, we are excited to launch a new product to address this.
DIA ZK is a verifiable data assurance layer for DeFi, RWAs, and cross-chain applications. It is a proof layer for offchain data that sits on top of the verifiable and trustless oracle stack DIA already runs, where feeds come directly from the original venues and every computation is published onchain, and it makes the output verifiable onchain, in two ways.
Source authenticity: Prove where the value came from Using zkTLS, a proof is generated inside the encrypted session with the source, a custodian API or a fund administrator endpoint, binding the reported value to that session. Where a source signs its data, a signed attestation carries the same guarantee; where speed matters, a trusted execution environment assists. A consumer contract can check that the balance or the NAV came from the stated source, unaltered.
Method How it works Best when zkTLS A proof is generated inside the encrypted HTTPS session with the source The source is a standard web or API endpoint TEE-assisted zkTLS A trusted execution environment assists the proving step Faster proving or production simplicity matters Signed attestations The source’s own cryptographic signature is verified The source already signs its data Selective disclosure: Prove the fact without the figure The number an issuer wants to keep private is usually not the number the market needs. A curator does not need the exact reserve balance; it needs to know reserves exceed supply. A lending market cares whether the collateral ratio holds, not what sits in the portfolio behind it. DIA ZK proves the statement rather than the value: it generates a zero-knowledge proof that the condition is true, verifiable onchain by anyone, while the underlying figure stays private.
Because those proofs are verified on DIA’s own onchain oracle layer, no single vendor can switch the feed off.
Instead of revealing Prove only that The exact reserve balance Reserves exceed supply or a set threshold The full collateral portfolio The collateral ratio clears its minimum The treasury balance It sits above the required covenant Exact TVL or liquidity It stays above a floor What a proof does not do A proof binds a value to its source, but it does not make the source honest. If a custodian’s API reports a balance it does not hold, zkTLS will prove a wrong number faithfully. For fully offchain reserves, trust in the source remains, and DIA is explicit about where that line sits. What changes is that the report becomes cryptographically bound to its source and checkable onchain, which a dashboard and a monthly PDF are not.
The first fit is where backing is offchain and opaque. The same proofs extend to any offchain figure a contract has to trust, from the reserves behind a wrapped Bitcoin to the reference price a derivatives market settles on:
Stablecoins and synthetic dollars. Prove reserves cover supply and collateral values hold, from custodian and issuer data, without publishing the exact holdings or where they sit. Vaults and lending. Prove the offchain collateral behind a vault token and that its risk parameters hold, so a lending market can check liquidation readiness against authenticated values instead of a self-reported number. Tokenized RWAs. Prove NAV inputs, asset-administrator data, and proof-of-backing for a tokenized fund, each bound to the source that produced it. Bitcoin DeFi. Prove that a wrapped or synthetic Bitcoin product is fully backed, with source-authenticated reserve and threshold proofs. Perps and derivatives. Feed authenticated price and reference-index inputs into settlement, funding, and liquidation, each bound to its source. The rules are catching up to the risk. In the EU, MiCA has governed stablecoin reserves since mid-2024: issuers must hold matching reserves, reconcile them daily, submit to periodic auditor attestation, and report to regulators, with penalties reaching up to €5 million or 12.5% of annual turnover. In the US, the GENIUS Act sets federal reserve and disclosure standards for payment stablecoins, taking effect in January 2027. Both turn “prove your backing” from a market courtesy into a standing obligation, and a point-in-time attestation is not built to meet a continuous one.
The assets that earn the most are the ones whose backing is hardest to see. Proving that backing, continuously and onchain, without forcing the issuer to open its book, is the next thing the oracle layer has to do.
If your protocol holds stablecoin reserves, tokenized fund NAVs, or vault collateral offchain, it is where to start.
A breakout above the level in question will require sustained spot buying or Bitcoin could retreat to lower support.
Bitcoin is approaching a key technical level after recording its third consecutive weekly gain. The asset closed last week at around $65,000, rising 1.7% over the period and extending its three-week advance to 11.5%. It also remained above the $61,360 demand zone despite broader market volatility.
Following this sustained recovery, attention has shifted to the $68,000 resistance level. According to the recent Bitfinex report, this level could determine Bitcoin’s next short-term direction. The analysts identified a key reaction zone between $67,900 and $68,300, where the short-term holder realized price and the second-quarter opening level have converged.
Why the $68,000 Level Matters Bitfinex analysts say many holders who bought near the key reaction range may choose to sell once they recover their original positions. That behavior has created selling pressure during similar retests, making the coming move important for Bitcoin’s short-term direction.
A decisive breakout above the resistance zone would require sustained buying in the spot market rather than speculative activity. Otherwise, BTC could face another rejection and revisit lower support levels established during the recent recovery.
Current institutional demand may play a key role in determining that outcome. Notably, U.S. spot Bitcoin exchange-traded funds have shifted from sustained outflows to a more balanced flow pattern. However, Bitfinex analysts say fresh demand still depends heavily on BlackRock’s IBIT fund.
A More Supportive Macro Backdrop Bitcoin has also captured a larger share of total cryptocurrency spot trading volume in recent sessions. Analysts said this trend appears to reflect a defensive move away from altcoins rather than a broad return of confidence across the digital asset market.
Beyond crypto market dynamics, the broader macroeconomic environment has also become more supportive. June inflation in the United States recorded its first negative monthly reading in six years. Lower energy prices contributed to the decline, while weakness in the housing sector continued through lower building permits and higher inventories.
You may also like: China Pumps Billions in Tech ETFs: What Does It Mean for Bitcoin Miners? Crude Oil Spikes Above $91: What It Means for Bitcoin (BTC) Bitcoin Just Triggered Three Rare Signals That Previously Marked Market Bottoms Despite those signs of slowing activity, consumer spending and business investment have remained resilient. That combination has kept second-quarter economic growth estimates near 2.5%, creating a missed outlook for the Federal Reserve while supporting risk assets like Bitcoin.
The leading cryptocurrency, Bitcoin, has gained strong momentum in recent days and climbed above $66,000. In this context, BTC has returned to its highest level in over a month, and whether the uptrend will continue seems to depend on breaking through a critical resistance level very close by.
At this point, Bitfinex analysts stated in their weekly report that the key resistance area that will determine whether the uptrend can continue is around $68,000.
Analysts say this level is critical for BTC, as it roughly corresponds to the average purchase price of Bitcoin bought by investors over the last five months.
At this point, analysts said that investors who are at a loss might see the return to the break-even point of $68,000 as a selling opportunity, which could create selling pressure.
According to Bitfinex, the $68,000 region also coincides with the previous peak in mid-June, when Bitcoin’s recovery stalled and it fell below $58,000. In this context, analysts state that the market will show a strong reaction to this resistance zone being retested for the first time in a long time.
According to analysts, a sustainable breakout above the resistance zone requires sustained buying in the spot market rather than speculative activity. Otherwise, BTC may once again face rejection at this level and retest the lower support levels formed during the recent recovery.
“…the next test is approaching with the short-term investor cost floor and other key resistance levels converging around $68,000. A sustained move above this range, supported by strong spot demand, would strengthen the recovery scenario, while rejection could expose the market to another test of its recent lows.”
Bitfinex recently stated that it is seeing signs of a gradual improvement in market conditions. It cited as an example a shift in US spot Bitcoin ETFs from sustained outflows to modest inflows.
However, overall demand, including purchases by institutional Bitcoin treasury companies like Strategy, remains well below the levels seen earlier this year. This means the recovery hasn’t fully begun yet.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
