Track market-moving stories before they get noisy

The biggest sporting event of 2026 kicked off with a scene that looked more like a disaster drill than a celebration. Fans and media attempting to enter MetLife Stadium for the FIFA World Cup final on July 19 were met with what can only be described as organized chaos.

FIFA’s blockchain bet meets real-world logistics On June 9, 2026, FIFA announced Kraken as its Official Crypto Exchange Supporter, the first time a crypto platform has ever held that title at a World Cup. Kraken’s role centered on fan education around digital assets, essentially using the world’s most-watched sporting event as a crypto onboarding funnel.

FIFA’s own NFT platform, FIFA Collect, built on the Avalanche network, generated over $25 million in sales and created more than 85,000 blockchain addresses as of mid-June 2026. The platform handles NFT ticketing alongside digital collectibles.

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The crypto infrastructure running behind the scenes Chiliz and Socios introduced fan tokens for national teams, running on both Solana and Base networks. These tokens give holders voting rights on minor team decisions and access to exclusive experiences.

Chainlink oracles were deployed across the tournament’s 104 matches to power prediction markets, serving as the bridge between what happens on the pitch and what gets recorded on-chain, allowing smart contract settlements to trigger automatically.

Traditional money dominates the sponsorship landscape. A striking 88% of participating teams have payment-related sponsors, and the overwhelming majority of those are conventional banking entities.

What the MetLife mess means for crypto-sports investors The $25 million in FIFA Collect sales demonstrates genuine consumer appetite for blockchain-based sports products, spent during a specific event with a defined timeframe. The 85,000 new blockchain addresses represent organic user acquisition during the tournament window.

For Avalanche specifically, hosting the official FIFA NFT platform is enterprise validation delivered through live transaction volume and user creation during a compressed tournament window. Solana and Base benefit similarly from the fan token deployment.

Kraken’s precedent-setting role as Official Crypto Exchange Supporter opens a door that won’t close easily, as every future World Cup will now field bids from crypto platforms for similar positions. With 88% of teams still backed by banks, the shift toward blockchain-native sponsors will be gradual, but the direction is clear.

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

Solana (CRYPTO: SOL) co-founder Anatoly Yakovenko recently reflected on his decision to step up as a leader, noting that the absence of leadership could cause issues down the line.

Why Yakavenko Volunteered To Be The CEODuring a July 9 interview with podcaster Luba Yudasina, Yakavenko recalled the time he and Raj Gokal set up Solana Labs —the technology company that would eventually launch the Solana blockchain.

“I wanted to be the CEO,” Yakavenko said. “It was my idea. I kind of just wanted to drive it.”

The conversation drifted toward the need for decisive leadership, with Yakavenko warning that problems could arise without a “clear leader.”

“You need, I think at some level, somebody that is, you know, wears the crown, no matter how heavy it is,” he added.

Yakevenko’s Leadership LessonsYakavenko was then asked about the challenges he faced and the toughest decisions he had to make as a leader.

He said that right before Solana Labs’ launch, he had to fire “really good people” to “extend the runway.”

“So, that was kind of really gut-wrenching because they were really good, really good engineers,” Yakavenko said.

He added that he’s still friends with them and they are not “mad” at him.

The Man Behind Super Fast SolanaYakovenko is credited with creating the Solana blockchain and popularizing proof of history, a core consensus mechanism that significantly increases network transaction speeds.

As of today, Solana maintains its position as the fastest major blockchain, with an average of over 1,500 transactions processed per second in the last 30 days, according to Chainspect. The native cryptocurrency, SOL, has a market capitalization in excess of $43 billion.

On-chain analytics firm Arkham estimates Yakovenko’s net worth between $500 million and $1.2 billion, largely derived from his SOL holdings and his equity stake in Solana Labs.

Photo Courtesy: Elina Leon on Shutterstock.com

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DADDY Token Falls 24% On Tate Brothers’ Arrest and New UK Charges

South Korea’s Financial Supervisory Service has formally kicked off sanctions proceedings against Dunamu, the company behind crypto exchange Upbit, following a November 2025 hack that drained roughly $30 million from a Solana-based hot wallet. The FSS sent an inspection opinion letter to Dunamu around July 18-19, marking the official start of what could become a landmark regulatory action in Asia’s most active crypto market.

What happened and what the investigation found The breach took place on November 27, 2025, when attackers compromised Upbit’s Solana hot wallet. The total damage came to approximately 44.5 billion won, roughly $30 to $37 million depending on exchange rates at the time. About 38.6 billion won of that was customer assets.

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The FSS spent seven months investigating the incident, finding security failures at the exchange level and problems with how quickly Upbit disclosed the breach to the public.

Upbit has committed to covering customer losses from its own funds. The exchange also managed to trace and freeze approximately 2.3 billion won, about $1.5 million, of the stolen assets.

South Korean authorities suspect the Lazarus Group, the North Korean state-linked hacking operation, was behind the attack.

A regulatory framework with gaps South Korea’s existing crypto regulations don’t include specific statutory penalties for security breaches at virtual asset exchanges. Any sanctions against Dunamu will need to pass through a sanctions committee and be reviewed by related financial authorities.

This is also the second time Upbit has suffered a major hot wallet breach in six years.

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

Lionel Scaloni’s playful post-match interaction with Lamine Yamal after the 2026 FIFA World Cup final was the kind of moment that makes sports Twitter lose its collective mind. The Argentina head coach, captured on camera by FOX Sports, jokingly suggested he might need to “lock up” the Spanish forward after Yamal’s electric performances throughout the tournament.

From pitch to blockchain in record time Within hours of the Spain vs. Argentina final on July 19, a cluster of unauthorized tokens bearing variants of the $YAMAL ticker began appearing on the Solana blockchain. Market capitalizations for the various $YAMAL tokens have ranged between $1.8K and $8K. Liquidity across these tokens has been predictably thin, meaning even modest sell pressure can crater a token’s price instantly.

Here’s the thing worth stating plainly: none of these tokens have any affiliation with Yamal himself, the Spanish national team, FC Barcelona, or any other recognized entity. They are purely independent, speculative creations riding the coattails of a viral sports moment.

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The athlete-to-memecoin pipeline is now fully operational The pattern has become a reliable feature of the Solana ecosystem specifically, where the low cost of launching a token (fractions of a dollar) means that essentially anyone can mint one in minutes.

The playbook is straightforward. An athlete does something memorable. The clip goes viral. A token launches. Early buyers pile in hoping for a quick flip. Liquidity stays razor-thin. Most buyers end up holding a bag worth less than the transaction fee they paid to acquire it.

What this means for investors Let’s be direct: these tokens are not investments in any meaningful sense. With market caps measured in the low thousands of dollars, they exist in a category closer to digital collectible lottery tickets than financial instruments. The absence of any official backing means there’s no underlying value proposition beyond pure speculation on continued attention.

The low liquidity is the real danger here. You might be able to buy in, but selling at anything close to your purchase price requires finding another buyer willing to take the other side. With pools this shallow, even modest sell pressure can crater a token’s price instantly.

Meanwhile, Scaloni’s joke about locking up Yamal has taken on an unintended second meaning. Someone probably should lock up the token launchers instead.

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

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

After failing to sustain multiple attempts at recovery throughout July, Shiba Inu is still struggling under intense bearish pressure, with the asset trading close to $0.0000041. SHIB has been firmly in a long-term downtrend for the majority of 2026, as evidenced by the chart's distinct pattern of lower highs and lower lows. 

The break from a rising channel that had sustained price action between March and May is among the most noteworthy developments. SHIB fell sharply after losing that structure's lower boundary, and it hasn't been able to recover any significant moving averages since. The 50-day EMA is still above $0.0000045, and the 100-day and 200-day averages are significantly higher, supporting the bearish market structure. 

SHIB/USDT Chart by TradingViewThe range of recent trading activity has shrunk to near yearly lows. Although this might seem positive at first glance, the low volume of purchases indicates that market players are still reluctant to make large purchases. SHIB is in the vicinity of oversold territory with an RSI of about 35, but there isn't yet a clear reversal signal. 

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Regaining the 50-day EMA and creating support above $0.0000045 are the first challenges facing bulls. Any bounce without that action is probably going to remain corrective. SHIB may return to the psychological $0.000004 area and possibly test lower support levels set earlier in the year if selling pressure persists. 

Solana's position improvement Despite its recent decline, Solana offers a notably better technical picture than many major altcoins. Before going into a sound consolidation phase, SOL surged above $80 after making a significant comeback from June lows around $60. Solana is still above both its 50-day and 100-day moving averages, currently trading at about $76. 

A small descending wedge pattern, which frequently acts as a continuation structure during larger recoveries, has been formed by the recent decline. Crucially, sellers have failed to drive the asset below crucial support in the $73–$74 range. Instead of panic selling, the RSI stays near 50, suggesting balanced market conditions. In the event that overall market sentiment improves, this neutrality allows for another bullish attempt. 

SOL/USDT Chart by TradingViewThe 200-day moving average is currently located between $80 and $81, which continues to be the crucial resistance zone. Solana's prospects would be greatly enhanced by a successful breakout above that level, which might pave the way for a move into the $90–$95 range. 

On the downside, the recovery narrative would be weakened and the likelihood of another move toward the low-$70 area would rise if support around $73 were lost. Despite continuous market volatility, Solana is still one of the few significant altcoins with a comparatively positive medium-term structure. 

Hyperliquid's strength remainsDespite the recent decline from local highs near $75, Hyperliquid is still one of the market's strongest large-cap assets. Following a remarkable multi-month surge that propelled HYPE from below $30 to over $75, the asset is now in a consolidation phase as opposed to a full trend reversal. HYPE recently lost its 50-day and 100-day moving averages, which are now concentrated around the $64–$65 range, and is currently trading at about $61. 

HYPE/USDT Chart by TradingViewBulls must reclaim this crucial resistance area in order to resume their upward momentum. But since the price is still comfortably above the rising 200-day EMA at $57 and the 200-day moving average at $49, the overall trend is still positive. Buyers were drawn to the recent decline toward the $58 area almost immediately, resulting in a notable bounce and averting a deeper breakdown. 

This response implies that market players continue to see pullbacks as opportunities for purchases rather than as justifications for closing positions. During the correction, volume has decreased, which is generally better than witnessing increased selling volume. Much of the overheated conditions that accompanied the rally earlier in the summer have been eliminated as the RSI has cooled toward 42. 

Regaining the $65 mark would probably lead bulls to try again for $70 and possibly the yearly highs. Support between $57 and $58 becomes the most crucial area to watch if sellers take back control. A move toward the 200-day trend line would be possible if that area were lost, which would probably hasten profit-taking. 

XRP remains stuckAs the asset continues to trade around $1.09, XRP is still stuck in a tightening technical structure. A distinct descending resistance line on the chart is compressing price action against rising support, resulting in a triangle formation that is getting closer to its resolution point. 

The overall trend is still in favor of bears, even though the setup points to a bigger move. The 50-day, 100-day, and 200-day moving averages, which are all stacked above $1.10 to $1.24, are still above XRP. Any attempt at a breakout will have to overcome this dense resistance cluster. 

XRP/USDT Chart by TradingViewThe psychological $1.00 level of support has held several times in July, which is good news for bulls. Sellers kept pushing XRP lower, but they were unable to create a long-term breakdown below that level. The market's indecision is reflected in an RSI close to 46. The chart's narrowing triangle indicates that neither buyers nor sellers currently have a clear advantage. 

The immediate bearish structure would be invalidated by a breakout above $1.12, which might also lead to a move toward the larger resistance zone around $1.24 and the 100-day EMA near $1.13. On the other hand, losing the rising support line would probably put XRP through another test of the $1.00 area, and a break below that level would seriously hurt the asset's chances of recovery.

Shiba Inu remains under heavy selling pressure as the coin trades near $0.0000041, failing to stage a sustainable rebound through July. Since the start of 2026, SHIB has consistently posted lower highs and lower lows, signifying a prolonged downtrend for the popular meme coin.

SHIB struggles to regain momentumThe loss of a rising channel that had previously supported price action between March and May triggered a sharp decline for SHIB. After breaching the channel’s lower edge, the token has yet to reclaim major moving averages. The 50-day exponential moving average (EMA) stands above $0.0000045, while the 100-day and 200-day averages are positioned even higher, highlighting the persistent bearish structure.

Trading activity has contracted to its narrowest range in nearly a year. Despite the low volatility potentially suggesting market stabilization, the reduced trading volume indicates ongoing reluctance from buyers. The coin’s relative strength index (RSI) is currently around 35, signaling proximity to oversold conditions, yet a clear reversal remains absent.

Analysts note that the first step for bulls is to move SHIB above the 50-day EMA and establish support above $0.0000045. Without this development, any rebound is likely to be short-lived. If selling persists, SHIB may approach the $0.000004 mark or even test support levels established earlier this year.

Solana charts steady mid-term outlookSolana maintains a notably stronger technical structure than many of its large-cap peers, despite its recent correction. After rebounding from June lows around $60, SOL climbed above $80 before entering a new consolidation phase. The token is currently priced near $76, holding above its 50-day and 100-day moving averages.

Recent declines have produced a small descending wedge pattern, a technical shape that often precedes continued recovery in bullish environments. Sellers have not managed to breach critical support near the $73–$74 zone, and the RSI sits near 50, reflecting neutral market dynamics. Should sentiment improve across the broader market, this neutral momentum provides potential for another upward move.

The 200-day moving average at $80–$81 presents the next major resistance. A breakout above this area could create a path to the $90–$95 range. However, a loss of support around $73 would weaken Solana’s recovery and could trigger a move back toward the lower $70s.

CoinCurrent PriceMajor SupportMajor ResistanceKey Technical IndicatorSHIB$0.0000041$0.000004$0.0000045 (50-day EMA)RSI ~35SOL$76$73–$74$80–$81 (200-day MA)RSI ~50HYPE$61$57–$58$64–$65 (50/100-day MA)RSI ~42XRP$1.09$1.00$1.12–$1.24RSI ~46Hyperliquid holds firm amid consolidationHyperliquid remains one of the most resilient large-cap digital assets despite a recent drop from local highs close to $75. The project, known for its decentralized perpetuals exchange, soared from below $30 to over $75 earlier in the year before pausing in a consolidation pattern rather than initiating a major reversal.

After declining through the $64–$65 support, where both the 50-day and 100-day moving averages converge, HYPE now trades around $61. Bulls need to move the price back above this region to accelerate the recovery. The larger trend retains a positive bias, as HYPE remains well above the 200-day EMA at $57 and its 200-day moving average at $49.

A notable rebound occurred as the price neared the $58 area, signaling that buyers view dips as opportunities to accumulate rather than as triggers to exit. Trading volumes during the pullback have also eased, and the RSI has cooled to about 42, erasing much of the excess from the previous rally.

If momentum returns, a move above $65 could test $70 and challenge the yearly high. However, renewed selling that breaches the $57–$58 support area may cause a faster drop toward the key 200-day trend line.

Mini dictionary: Hyperliquid, a decentralized derivatives protocol, specializes in providing permissionless trading of perpetual contracts for cryptocurrencies while operating without order books on the Ethereum network.

XRP remains at a critical junctureXRP is trading near $1.09 and faces a tightening technical structure. A descending resistance line and rising support have formed a contracting triangle, bringing the asset ever closer to a decisive move. The dominant trend continues to favor the bears, with all major moving averages from the 50-day to the 200-day positioned above the current price between $1.10 and $1.24.

XRP’s $1.00 support has endured several tests throughout July, preventing a deeper decline even as sellers kept up the pressure. A breakout above $1.12 could target resistance toward $1.24, while a breakdown below the rising support line would re-expose $1.00 and deal a significant blow to recovery prospects.

The RSI sits close to 46, mirroring market indecision. With the triangle pattern narrowing, an imminent resolution seems likely; however, there is currently no clear dominance from bulls or bears.

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.

Southern Fund’s double-leveraged long ETFs tracking SK Hynix and Samsung Electronics both rose 15% at opening.

Southern’s 2x Long SK Hynix (07709.HK) and Southern’s 2x Long Samsung Electronics (07747.HK) both opened 15% higher.

3 minutes ago

The South Korean government plans to establish a legal framework for the issuance of Korean won stablecoins, and promote the internationalization of the Korean won.

According to South Korean media reports, the Financial Services Commission, Bank of Korea, Financial Supervisory Service, and Korea Securities Depository have jointly announced relevant plans, aiming to transform the South Korean won from a restricted-convertible currency to a freely convertible one and improve the cross-border capital flow system. Under the framework of the Digital Asset Basic Act, the South Korean government intends to clarify the issuance and circulation rules for KRW-denominated stablecoins, providing an institutional basis for the entry of KRW-pegged stablecoins into the market. Furthermore, the Bank of Korea will advance a pilot project combining institutional central bank digital currencies (CBDCs) with tokenized government bonds, and participate in the Bank for International Settlements (BIS)-led Project Agora to explore a digital cross-border payment system.

3 minutes ago

A user spent $1.23 million betting on Argentina to win the 2026 World Cup, ultimately suffering a loss of more than $1.22 million.

According to Lookonchain’s monitoring, Polymarket user gud.hl bought 12.354 million "Argentina to win the 2026 FIFA World Cup" prediction shares at an average cost of roughly $0.10, investing approximately $1.23 million. Should Argentina lift the 2026 World Cup trophy, this position would generate a maximum profit of around $12.35 million. However, amid shifting market expectations, the current price of these shares has fallen to about $0.001 apiece, leaving the position worth only approximately $6,177, a cumulative loss of roughly $1.223 million, or a 99.5% drop.

3 minutes ago

Analysis: South Korean chip stocks have fallen beyond their fundamentals; US tech giants' earnings reports may serve as a catalyst for a rebound.

Global semiconductor stocks have plunged sharply recently, with securities analysts noting that the price declines have far exceeded levels reflected by fundamentals. Lee Jaeman, a researcher at Hana Securities, stated: "Even when factoring in market concerns about the cyclical volatility of semiconductors, the recent sharp plunge in stock prices appears excessive." The researcher pointed out: "We believe the catalyst for a rebound in semiconductor companies' stock prices will be the financial results to be released successively by U.S. hyperscale cloud service providers starting from late July." He added: "The combined capital expenditure growth rate of Alphabet, Microsoft, Meta, and Amazon is projected to rise from 80% in Q1 2026 to 83% in Q2 and 92% in Q3." He also said: "Given the growth in investment demand, semiconductor companies can sustain high operating profit margins." (Jinshi)

3 minutes ago

Institutions: AI industry revenue has reached a critical tipping point, with hundreds of billions of dollars in AI investment starting to generate commercial returns.

According to a report from research firm Exponential View, the artificial intelligence (AI) industry has reached a critical revenue inflection point, marking initial validation of the business model where tech companies have poured hundreds of billions of dollars into building AI infrastructure in recent years. The report shows that AI-related revenue from global hyperscale and emerging cloud service providers has hit roughly $25 billion, marking the second consecutive quarter that this figure has exceeded the estimated depreciation costs of AI data centers and chips, which stand at around $21 billion. This milestone means revenue generated by the AI industry has started to offset cost pressures from infrastructure capital investment, as the AI economy transitions from an expansion phase relying solely on capital expenditure to a revenue validation stage. Exponential View notes that current AI revenue primarily stems from AI cloud services, GPU computing power rentals, large language model APIs, enterprise AI software, and generative AI applications. As corporate clients continue to increase their AI spending, AI commercialization is accelerating. However, the report also points out that the AI industry is still far from achieving high profitability. Due to high costs for GPUs, data centers, electricity, and model development, industry profit margins remain limited; current revenue is more about validating the sustainability of infrastructure investment rather than generating large-scale profits. The core competition in the AI industry will shift from "whether real demand exists" to "which companies can achieve large-scale profitability amid fierce competition". As model capabilities improve and costs decline, AI service prices may fall further, so enterprises need to boost profit margins through more efficient application scenarios and business models.

3 minutes ago

Allbridge Core was hacked, leading to the theft of over $1.1 million worth of USDC on the Solana blockchain.

According to monitoring by OnchainLens, cross-chain protocol Allbridge Core was attacked on the Solana blockchain. The attacker stole over $1.1 million by manipulating the exchange rate of its stablecoin pool. The attacker first took out a $1.12 million USDC flash loan from Kamino, then altered the liquidity ratio of Allbridge’s stablecoin pool via rapid USDC/USDT swaps, exploited the manipulated exchange rate to withdraw liquidity, and repaid the flash loan in the same transaction. Currently, the attacker has transferred approximately $1.1 million and mixed the funds using a privacy protocol. The maximum single withdrawal limit for Allbridge Core is around $2.24 million USDC, and analysis of the vulnerability is still ongoing.

3 minutes ago

Pau Cubarsí is 19 years old. He just won the FIFA Young Player of the Tournament award at the 2026 World Cup. And somewhere between his fifth consecutive clean sheet and his near-perfect passing accuracy, the digital asset markets decided he was worth paying attention to.

The Barcelona center-back was one of the defining figures of the tournament, anchoring a Spanish defense that set a record no World Cup side had previously reached: six consecutive clean sheets across the competition. Cubarsí was at the heart of it, game after game, playing with the composure of someone who forgot to be nervous about the biggest stage in football.

What Cubarsí actually did on the pitch Cubarsí recorded a passing accuracy of 99% in several matches during the tournament, a figure that would embarrass most midfielders, let alone a center-back navigating high-pressure knockout football.

He contributed to five consecutive clean sheets personally, fitting into Spain’s broader record run of six straight shutouts in World Cup history. That mark had never been set before, by any nation, in the tournament’s entire existence.

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He did all of this alongside Barcelona teammate Lamine Yamal, who provided the attacking counterpoint to Cubarsí’s defensive solidity. The two teenagers essentially bookended Spain’s tournament: one keeping goals out, one putting them in.

Cubarsí collected his Young Player of the Tournament award on July 19, 2026.

Where crypto enters the picture During the tournament, trading interest across the Chiliz ecosystem increased as Cubarsí’s performances generated buzz. Chiliz is the blockchain infrastructure that powers fan tokens for major football clubs and sports organizations. These tokens give holders access to voting rights on club decisions, exclusive content, and various fan engagement perks. They trade on open markets, which means sentiment around players and teams moves prices the same way earnings news moves a stock.

Cubarsí’s surge in profile did not produce specific token price figures worth citing here, but the directional trend was clear: attention flows toward relevance, and Cubarsí became one of the most relevant athletes on the planet over the course of four weeks in the summer of 2026.

NFTs and digital collectibles join the conversation Beyond fan tokens, Cubarsí’s World Cup performance accelerated his presence in the digital collectibles space. Panini, the company that has been printing football stickers since before most current crypto traders were born, now has official NFT trading cards of Cubarsí available. The format mirrors what Panini rolled out around the 2022 World Cup, applying the same model to a player who simply did not exist as a household name at that point.

Sorare, the fantasy football platform that registers player cards on Ethereum, also offers Cubarsí digital collectibles. Sorare’s model sits at the intersection of gaming and investment: users build fantasy squads using blockchain-verified player cards, and the value of those cards fluctuates with a player’s real-world performance.

What investors should actually watch For investors watching the fan token segment, the risk profile here is worth understanding clearly. These are speculative assets tied to sentiment, not earnings. A player getting injured, a club having a bad season, or simply the natural cooling of hype after a tournament can compress prices quickly. The Chiliz ecosystem has seen this cycle before.

The 2026 World Cup was the first edition played in a 48-team format across the United States, Canada, and Mexico, which means viewership records and a larger global footprint than any prior edition.

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

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ATT Global, a renowned blockchain-driven advertisement network, has partnered with Noos, a decentralized economic settlement firm for AI agents. The partnership endeavors to link Web2 traffic that is created via physical advertising pathways with an on-chain network where AI agents get rewards for validated work. As per ATT, the merger of the strengths of both entities is set to explore exclusive ways to redefine consumer interaction with digital value. Additionally, the move underscores the rising convergence of decentralized blockchain technology and real-world advertising stack.

🧩 From Ad Reach to Agent Reward

ATT Global channels Web2 traffic through physical advertising touchpoints, while @NoosProtocol turns agent work into verifiable on-chain rewards — two worlds, now connected. ✨@NoosProtocol measures, verifies, and pays per task, with a skill… pic.twitter.com/HW8XDAlnHK

— ATT (@aiwayworld) July 19, 2026 ATT Global and Noos Join Forces to Advance AI Agent Economy via Transparent Rewards ATT Global has developed an inclusive network around growing Web3 traffic via physical advertising points. In this respect, it creates opportunities to link digital experiences with offline audiences. Based on this approach, the entity attempts to broaden consumer engagement while incorporating blockchain-driven solutions into traditional marketing channels. The exclusive partnership with Noos denotes another key move toward connecting decentralized technologies with conventional advertising.

At the core of this initiative is Noos, which is a blockchain-powered platform to let AI agents carry out diverse verifiable tasks to get transparent rewards on-chain. Instead of depending on centrally controlled intermediaries, the platform develops a direct economic setting to compensate agents in line with the work they effectively complete.

The respective model is poised to enhance efficiency, accountability, and trust within the swiftly expanding AI network. A crucial feature of Noos is the Proof of Agent Contribution (PoAC) consensus model. The framework detects, validates, and rewards the AI agent contributions. So, it ensures the direct connection of the compensation to the accomplished tasks. With the validation of the on-chain work, the protocol delivers an auditable network that decreases disputes, along with making transparent and fair reward distribution.

Connecting Decentralized Productivity with Advertising to Enhance Engagement According to ATT Global, the collaboration underscores a future marked by the advancement of advertising-generated attention beyond simple clicks or impressions. Rather, interaction could be linked to AI agents that can execute tasks and offer exclusive economic opportunities with a link between decentralized productivity and market activity. Overall, the joint initiative is anticipated to demonstrate the way blockchain-based incentives, task execution, and attention can operate collaboratively within an inclusive Web3 network.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

After holding around $0.28 since failing to hold $0.30 three days ago and falling to $0.25, OriginTrail [TRAC] rebounded with strength. 

In doing so, TRAC made a major price swing, breaking out of the range to hit a monthly high of $0.38.

As of this writing, OriginTrail was trading around $0.35, marking a 32% pump on the price charts. Over the same window, TRAC’s trading volume climbed 300% to $30 million while the market cap climbed 34% to $171 million. 

The volume and market cap rising together signals strong market activity backed by steady capital inflows. 

OriginTrail rides on AI narrative and Palantir comparison OriginTrail is seeing renewed market attention largely driven by the AI narrative. The crypto community has called OriginTrail a decentralized Palantir. 

According to Chain Ink, OriginTrail stands out among other AI agents for its ability to remember. The decentralized knowledge graph provides AI agents with shared memory and built-in provenance. 

Thus, OriginTrail solves the problems affecting other AI agents over truthfulness and verifiability. These traits have made it especially attractive for many market players eyeing to ride on the AI wave.

Cryptoguku remarked,

OriginTrail is a decentralised Palantir.

With the community amazed by its AI narrative prospects, speculative demand for the native token TRAC has skyrocketed. 

Speculative demand dominates the market With the crypto market eyeing OriginTrail’s potential in the AI space, traders have jumped in to take strategic positions. As demand strengthened, the altcoin rebounded, and speculators returned, attempting to capitalize on the gains. 

According to Coinalyze data, Futures Buy Volume climbed to 3.17 million, while the sell volume declined to 1.94 million. 

Source: Coinalyze As a result, the Futures market recorded a positive buy-sell delta of 1.23 million, a clear sign of strong buying pressure. Historically strong speculative demand has strengthened short-term price performance, leading to more gains on price charts. 

Profit realization spikes, threatening the rally As expected after OriginTrail rebounded from $0.25, holders who had been underwater rushed to cash out. According to CoinGlass, Spot Netflow skyrocketed to a record high of $518k, marking a massive jump from -$15k the previous day. 

Source: CoinGlass A positive Netflow indicates more TRAC flowed into exchanges than out of them. Historically, higher exchange inflows have increased supply available for selling, thus raising market pressure. 

Can TRAC hold the momentum? OriginTrail is currently under strong bullish pressure despite the rising profit realization. In fact, the altcoin’s Relative Strength Index (RSI) climbed from 42 to 65, reaching deep into the bullish zone. 

At such elevated levels, the RSI suggested that buyers have significant control over the market, driving momentum. 

Source: TradingView At the same time, the Directional Movement Index (DMI) further confirms this trend’s strength. The positive index rose to 42 while the negative index dropped to 8, confirming the upside strength. 

These indicators suggest the prevailing trend will continue. If demand holds, TRAC will flip the $0.4 resistance, but if profit-taking continues, OriginTrail will drop below $0.3, with $0.26 as support.

Final Summary TRAC surged 32%, hitting a monthly high of $0.39, before retracing amid rising speculative demand OriginTrail has captured market attention over the AI narrative, as crypto traders compare the AI token with Palantir

Pi Network price rose 10% to $0.0889 in 24 hours, extending its recovery. The wider cryptocurrency market gained 0.73%, lifting its valuation to $2.21 trillion. Despite the rebound, Pi remains below its record high near $3. 

The market value has fallen from almost $20 billion to about $918 million. The traders are monitoring the capability of the following network upgrade to provide a price recovery.

Protocol v25 Upgrade Arrives on July 22 Pi Network is preparing to complete its Protocol v25 upgrade on July 22. Its development is based on replacing Protocol v19 with more recent network standards. The upgrade, according to the developers, will enhance stability, reliability, and smart contract performance in the ecosystem.

Protocol v25 will probably bring privacy-conscious smart contract functionality. These enhancements would enhance the development of applications besides enhancing data protection to users. The upgrade would be able to facilitate more effective blockchain operation on the mobile-first network of Pi.

The project can subsequently proceed to Protocol v26, which has already been developed by Stellar. 

On July 22, Pi is scheduled to upgrade to Protocol v25, which primarily focuses on improving network stability and reliability, and supports new capabilities for more efficient, privacy-preserving smart contracts.

Go to the Pi mining app to learn more! pic.twitter.com/Btg8aEFAFh

— Pi Network (@PiCoreTeam) July 15, 2026

In May, Stellar underwent an upgrade and introduced the functionality to manage compromised ledger entries. That mechanism enables validators to freeze the identified ledger keys in case of security violations.

Crypto Market Recovery Supports Pi Network Rebound The recovery of Pi Coin price has occurred in tandem with the escalating fortunes of the cryptocurrency market in general. The Bitcoin price hovered at $64,000, and the Ethereum price traded above $1,870. XRP price was also around $1.10, with major assets showing stable trading.

The better market environment enabled Pi to stabilize following several months of huge losses. Recently its price was hovering around $0.083 and then climbing towards $0.0889. Buyers can aim at a further upswing should there be favorable market momentum.

Pi Network Price Targets $0.10 After Bullish Recovery As of the reporting, the Pi coin soared to $0.0890, gaining 10% during the latest four-hour session. The recovery was a sharp rebound after the support was received around $0.080 with buyers controlling again. 

Pi coin price now tests the $0.090 resistance zone, which may determine the next short-term direction.

The MACD remains bullish, with the signal lines rising above the zero level. Green histogram bars are also characterized by the strengthening momentum over the recent progress. The Chaikin Money Flow is 0.16, which shows an increase in capital inflows and a better buying force.

Source: Tradingview A confirmed break above $0.090 could expose the $0.10 resistance level. Additional strength could push the recovery to $0.110, provided volume grows. 

Nonetheless, rejection around $0.090 might spur a retest of $0.080 support. A close under that would erode the set up and reveal $0.075.

Pi Network’s PI Suddenly Explodes by 20%: Recovery or Dead-Cat Bounce?

Singapore, Singapore, July 19th, 2026, Chainwire

Aevo’s decentralized derivatives exchange delivers PERPS+ to mobile traders, achieving full feature parity with desktop. Downside protection on perpetual futures is now available in one tap from a phone.

Aevo, the decentralized derivatives exchange with more than $10 billion in options volume since 2020, has made PERPS+ available on mobile. The update adds protection directly to a perpetual futures position at entry, where the trader selects a mode, defines the level, and Aevo executes the full position in a single tap. No options knowledge is needed. With this release, Aevo’s mobile platform now mirrors its desktop experience completely.

Traders can download the Aevo app on the App Store and Google Play for the full mobile experience (currently not available to U.S. or U.K. persons).

Aevo has a track record of building products the rest of the market eventually adopts. PERPS+ on mobile is the latest example. Risk-defined positions once required either a professional options desk or a DeFi vault with fixed parameters. They now require a single tap.

Built first, copied later Aevo’s technical foundation helped shape how decentralized derivatives are built today. A custom Ethereum layer-2 combines an off-chain order book with on-chain settlement, delivering centralized-exchange execution speeds without requiring traders to give up custody. That architecture has since been widely replicated across the decentralized derivatives space.

Aevo also introduced aeUSD, a yield-bearing stablecoin designed specifically as trading collateral. With nearly two years of live production history, it ranks among the most battle-tested yield-bearing collateral assets in DeFi. Collateral earns passively whether positions are open or flat.

Everything runs inside a single cross-margin account: options, perps, and structured products sharing one collateral pool. Delivering decentralized options at exchange scale remains a technical challenge most venues have not solved.

PERPS+: protection built in, no options knowledge required The barrier has always been the same. Options provide genuine risk management, loss caps, upfront income, and defined entry parameters, but strikes, expiries, and premium calculations push most perps traders away. The result is a majority of leveraged traders running positions with no protection at all.

PERPS+ removes the interface barrier. Traders choose from three enhancers:

Limit My Loss defines the maximum loss at entry, with the downside capped and the upside remaining fully open. Get Paid to Hold delivers an upfront premium immediately, in exchange for a defined profit ceiling. Lock My Range sets both the floor and the ceiling on a position for approximately zero net cost. PERPS+ is currently available on BTC and ETH perpetual futures.

The trader selects the protection level. Aevo handles the structuring, pricing, and execution in one tap.

Aevo spokesperson said “Onchain options have been called the next big thing every year since 2021. And every year, they’ve failed to become it… So we thought, what if getting options-level protection felt exactly like trading a perp? That’s PERPS+”.

PERPS+ addresses two distinct trader profiles. The first is the perps trader who has never used options, where they gain one-tap protection on positions they were already planning to open. The second is the DeFi vault depositor who wants structured exposure but without fixed vault terms, as PERPS+ gives them the same vault-like payoff structure with full control over their own parameters.

PERPS+ is live across web and mobile. The feature launched on web first and is now fully available on both platforms.

Protection that travels Closing a position from a phone has always been possible. Opening one with a defined floor already built in has not, until now. Aevo mobile makes that a one-tap action, on a mobile derivatives exchange with full desktop parity.

A token with a shrinking supply The AEVO token has been fully distributed since mid-2025, when the final scheduled unlock completed. No vesting cliffs ahead. No investor unlock events. No dilution overhang.

74 million AEVO have been permanently removed from circulation to date through a recurring monthly buyback and burn, funded entirely by real exchange revenue. The supply mechanic makes the token deflationary. Stakers receive monthly Uniswap V3 LP positions in the AEVO/USDC pool, earning swap fees that compound as long as the position is held.

The result: no unlock calendar to trade against, and a deflationary supply that shrinks as the exchange earns.

About Aevo PERPS+ and the full mobile experience are live at www.aevo.xyz. Technical documentation is on Aevo Docs.

84 million BANK tokens have been transferred from the foundation to the Aster deposit address, valued at approximately $13.7 million.

Arkham data shows that 84 million BANK tokens (of Lorenzo Protocol) were transferred from the BANK Foundation address to a newly created wallet, then moved to an Aster deposit address, valued at approximately $13.7 million. Market data indicates BANK has rallied more than 3 times over the past three days, briefly topping $0.21, and is now trading at $0.163 with a 24-hour gain of 53.7%.

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Analysis: Bitcoin will not bottom out this quarter; the current sideways consolidation is a false stability, with the real bottom and accumulation window arriving in October.

Market analyst Noname has published a post refuting the current "bottom is already here" narrative, arguing that calling a bottom is premature. The current sideways consolidation essentially reflects indecision, with "hesitation at this level usually preceding a downward breakout before an upward move." The analyst outlined a clear path forecast for the second half of 2026: July will see "false stability" and a bear trap rally, with volatility to flush out weak positions; August will mark the start of the real decline, testing the $50,000 level for the first time; September will extend downward pressure, with a W-bottom structure beginning to form; October will be the actual bottom and accumulation zone, at which point participation strategies will turn aggressive; November will show initial signs of recovery, with prices starting to rebound from the bottom; December will bring the possibility of returning to $100,000 for the first time since the bear market began. The analyst emphasized that the final sell-off is still imminent, though most refuse to believe it. "Don’t let the sideways movement fool you." In terms of rhythm, the decline since the June high is a full liquidation of the three-year rally. Previous bear cycles all ended with corrections of over 80%; the current price is roughly 50% down from its all-time high, so if history repeats, lower targets should still be within expectations. The analyst predicts the final bottom will not drag into the fourth quarter—this cycle will complete in the third quarter. An oversold zone with expanding volume may be observed between August and September, followed by a breakout in the fourth quarter, and returning to $100,000 by year-end will be the minimum rebound target needed for bulls to repair structural damage.

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Smart money address 'gritsa.eth' has opened a long position of 50 BTC, valued at approximately $3.22 million.

According to OnchainLens monitoring, the smart money address "gritsa.eth" has just opened a long position on Hyperliquid for 50 BTC, worth approximately $3.22 million. The trader’s cumulative profit exceeds $2.83 million.

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CZ teases in a post: Even being inactive doesn’t hurt gaining followers – could the bear market be nearing its end?

Binance founder CZ posted, "Inactivity doesn’t seem to affect follower growth at all. Is the bear market almost over?" According to the tweet CZ cited, his current follower count on X stands at 11.98 million, soon to cross the 12 million threshold.

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The tokenized real-world asset market is sending mixed signals. Spot market capitalization has pulled back from earlier highs near $38 billion, while derivatives open interest for RWA-related tokens has surged to record levels.

As of mid-July 2026, RWA.xyz pegs the distributed value of tokenized real-world assets at roughly $34.79 billion, reflecting a modest 3.53% increase over the prior 30 days. That number represents a meaningful retreat from the $38 billion figure seen earlier in the year.

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Derivatives activity tells a different story On Hyperliquid, open interest for RWA-related perpetual futures has climbed to a record range of $3.6 billion to $4 billion as of July 13, 2026. That contributed to a total platform-wide open interest peak of $11 billion across all trading activity.

The bigger picture: a year of massive growth The total value of tokenized real-world assets has nearly tripled year-over-year, climbing from roughly $11.8 billion in mid-2025 to approximately $33.5 billion by July 2026. The first quarter of 2026 was particularly strong. Tokenized RWAs saw roughly 30% growth during Q1, with total values climbing to between $27.5 billion and $29 billion.

Much of this growth has been anchored by tokenized US Treasuries, which remain the dominant segment of the RWA market. Various snapshots throughout 2026 place their value between $12 billion and $15 billion.

What this means for investors The surge in derivatives activity means the RWA sector is becoming more efficient at price discovery, but it also means volatility events could be amplified. When $3.6 billion to $4 billion in open interest sits on perpetual futures contracts, liquidation cascades become a real risk during sharp price moves.

For those watching this space, the key metric to track isn’t just market cap. It’s the ratio between spot value and derivatives open interest. Right now, with RWA derivatives OI climbing toward $4 billion against a spot market around $34.79 billion, leverage ratios remain relatively contained compared to what you see in major crypto pairs. But that gap is closing, and the speed at which it closes will determine whether the next move in RWA tokens is driven by fundamentals or by forced liquidations.

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

84 million BANK tokens have been transferred from the foundation to the Aster deposit address, valued at approximately $13.7 million.

Arkham data shows that 84 million BANK tokens (of Lorenzo Protocol) were transferred from the BANK Foundation address to a newly created wallet, then moved to an Aster deposit address, valued at approximately $13.7 million. Market data indicates BANK has rallied more than 3 times over the past three days, briefly topping $0.21, and is now trading at $0.163 with a 24-hour gain of 53.7%.

49 minutes ago

World Cup Predict.fun Final Launches 30-Point Market, 260,000 USDT Prize Pool Up for Grabs

Predict.fun’s World Cup Finals have officially kicked off. Centered on the Argentina vs. Spain match, 30 fan token markets are now live, covering multiple dimensions including match outcome, score, goals, corner kicks, and player performance, with nearly 200,000 fan tokens released in total. Supporters of the eventual winning team will split the 260,000 USDT final prize pool based on their points rankings.

49 minutes ago

Analysis: Bitcoin will not bottom out this quarter; the current sideways consolidation is a false stability, with the real bottom and accumulation window arriving in October.

Market analyst Noname has published a post refuting the current "bottom is already here" narrative, arguing that calling a bottom is premature. The current sideways consolidation essentially reflects indecision, with "hesitation at this level usually preceding a downward breakout before an upward move." The analyst outlined a clear path forecast for the second half of 2026: July will see "false stability" and a bear trap rally, with volatility to flush out weak positions; August will mark the start of the real decline, testing the $50,000 level for the first time; September will extend downward pressure, with a W-bottom structure beginning to form; October will be the actual bottom and accumulation zone, at which point participation strategies will turn aggressive; November will show initial signs of recovery, with prices starting to rebound from the bottom; December will bring the possibility of returning to $100,000 for the first time since the bear market began. The analyst emphasized that the final sell-off is still imminent, though most refuse to believe it. "Don’t let the sideways movement fool you." In terms of rhythm, the decline since the June high is a full liquidation of the three-year rally. Previous bear cycles all ended with corrections of over 80%; the current price is roughly 50% down from its all-time high, so if history repeats, lower targets should still be within expectations. The analyst predicts the final bottom will not drag into the fourth quarter—this cycle will complete in the third quarter. An oversold zone with expanding volume may be observed between August and September, followed by a breakout in the fourth quarter, and returning to $100,000 by year-end will be the minimum rebound target needed for bulls to repair structural damage.

49 minutes ago

Smart money address 'gritsa.eth' has opened a long position of 50 BTC, valued at approximately $3.22 million.

According to OnchainLens monitoring, the smart money address "gritsa.eth" has just opened a long position on Hyperliquid for 50 BTC, worth approximately $3.22 million. The trader’s cumulative profit exceeds $2.83 million.

49 minutes ago

CZ teases in a post: Even being inactive doesn’t hurt gaining followers – could the bear market be nearing its end?

Binance founder CZ posted, "Inactivity doesn’t seem to affect follower growth at all. Is the bear market almost over?" According to the tweet CZ cited, his current follower count on X stands at 11.98 million, soon to cross the 12 million threshold.

49 minutes ago

US Secretary of Energy states that military operations against Iran will continue.

U.S. Energy Secretary Wright has stated that U.S. military operations against Iran will continue until President Trump achieves his military objectives. In an interview, Wright said the Trump administration’s goal is to prevent Iran from acquiring nuclear weapons and weaken its ability to threaten neighboring countries and global commercial activities. "Therefore, this mission will continue until its task is completed," (CCTV)

49 minutes ago

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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.

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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.

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Bitcoin continues to recover from its June capitulation but remains trapped beneath a major resistance cluster. Although buyers have managed to defend higher lows on the lower timeframe, the market is still approaching a critical confluence that could determine whether the recovery extends or transitions into another rejection.

BTC Price Analysis: The Daily Chart On the daily timeframe, BTC continues to trade below the 100-day and 200-day moving averages, keeping the broader trend tilted to the downside.

The asset is now approaching the $65K-$66.5K supply zone, which also coincides with the descending long-term trendline. This confluence has capped every recovery attempt since the sharp breakdown in early June, making it the key barrier that bulls must reclaim to shift the higher-timeframe structure.

A successful breakout above this region would expose the next resistance between $72K and $74K. However, another rejection from the current supply zone would likely trigger a corrective move toward the $58K-$60K support area, which now represents the most important demand zone on the daily chart.

BTC/USDT 4-Hour Chart The 4-hour chart shows Bitcoin consolidating within a rising channel after establishing a series of higher lows throughout July.

BTC is once again testing the upper boundary of the channel while simultaneously approaching the higher-timeframe supply zone around $65K-$66.5K. This creates a significant confluence of resistance, suggesting that bullish momentum is entering an important decision area.

As long as Bitcoin remains above the $61K-$62K support zone, buyers maintain a short-term advantage and another attempt to break the overhead resistance remains likely.

However, failure to overcome the confluence of the channel resistance, descending trendline, and supply zone could result in another pullback toward the $58K-$60K demand region. Since this price action pattern typically hints at a potential decline, Bitcoin is poised for another bearish leg, testing the lower demand zones.

Sentiment Analysis The Realized Price UTXO Age Bands indicate that the realized prices of the 1-3 month and 3-6 month holder cohorts have converged near the current market structure, both sitting around the low $70K area.

Historically, the convergence of these younger holder cost bases often reflects a period of market transition, as recently accumulated coins begin to change hands at similar prices. At present, both realized price levels remain well above Bitcoin’s spot price, implying that these cohorts are still holding unrealized losses.

This reinforces the technical picture. While Bitcoin has recovered from its June lows, it remains below the realized cost basis of recent investors, suggesting that sentiment has not fully shifted back in favor of sustained accumulation.

A recovery above these realized price levels would strengthen the case for a broader trend reversal, whereas continued rejection below them would support the view that the current advance is still a relief rally within the broader bearish structure.

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Bitcoin

19 July 2026 | 17:33 Bitcoin’s rebound has reduced the losses carried by active on-chain traders, but the broader ownership data still stops short of confirming a trend reversal.

Key Takeaways Bitcoin’s on-chain trader loss margin has improved to -11%, returning to the neutral range used in the analysis. The realized prices of 1-3 month and 3-6 month holders have converged in the low-$70,000 area. Old whales realized approximately $297.3 million in losses on July 14, their second-largest daily loss event since September 2025. The reset becomes more convincing only if BTC absorbs the released supply and reclaims recent-holder cost bases. Different datasets describe different parts of the same adjustment. Recent investors have lowered their collective cost basis as coins changed hands during the decline. Older whales have started realizing unusually large losses, showing that the pressure has moved beyond the market’s newest participants. Bitcoin, however, remains below the price at which two important recent-holder groups would return to break-even.

The result is an on-chain structure that looks less damaged than it did at the June lows, but one that still needs demand to prove that the released supply has found durable buyers.

Recent Holders Have Repriced Lower but Remain Underwater CryptoQuant analyst reported that Bitcoin’s On-Chain Trader Profit/Loss Margin had recovered to -11%. The analyst classified the reading as neutral after it moved back inside the -12% boundary separating the bearish zone in this model.

Bitcoin on-chain trader realized price and profit/loss margin. A smaller loss margin can reflect a price recovery, but it can also develop when coins purchased or last moved at higher levels are sold and transferred again at lower prices. That second process reduces the realized price of the active cohort even without a complete market recovery.

ShayanMarkets found the same adjustment in the Realized Price UTXO Age Bands. Realized price values a group’s coins according to the market price when they last moved on-chain, making it a useful proxy for the cohort’s average cost basis rather than a record of every investor’s exact purchase price.

Bitcoin realized price by UTXO age bands. The realized prices of the 1–3 month and 3–6 month groups have converged in the low-$70,000 area. Continued trading during the downturn gradually pulled both readings lower, even though the cohorts entered the market at different stages.

These two analyses should not be treated as independent bullish confirmations. Both are capturing the same repricing among relatively recent holders: losses have been realized, coins have moved at lower values and the market’s collective break-even level has declined.

That adjustment reduces the distance Bitcoin must recover before recent investors return to profit. It also concentrates potential selling in the same area. Holders who endured the decline may use a rebound toward the low-$70,000s to exit near break-even, turning the shared realized price into an on-chain resistance zone.

Old Whales Are Now Participating in the Loss-Taking The third analysis shows that the stress has reached a more established part of Bitcoin’s holder base.

According to CryptoQuant analyst Moreno, old whales realized approximately $297.3 million in losses on July 14, when Bitcoin traded near $65,000. It was the second-largest daily negative reading for this cohort since September 2025.

BTC whale profit-taking activity chart / Source: CryptoQuant, Moreno. The only larger event occurred on January 20, when old-whale losses reached roughly $334.3 million with BTC near $88,300. That earlier event came before another severe stage of the downturn, so the size of the latest loss cannot be treated as evidence that capitulation has ended.

Older whales generally have greater capacity to withstand volatility than recent entrants. Their decision to move coins at a loss indicates that the drawdown has lasted long enough, or reached far enough, to force some mature holders to reassess their exposure.

They are not responsible for most of the capitulation. New whales, recently active whales and the 10,000-BTC balance cohort have recorded substantially larger losses at several points in the decline. The July 14 event shows that old whales have joined the process, while newer and more reactive capital continues to generate the heavier pressure.

Old whale Bitcoin profit-taking analysis. The Three Signals Describe an Ownership Reset The sequence across the datasets is more informative than any individual reading.

Active traders have already realized enough losses to pull their cost basis lower. Two recent-holder groups now share a similar break-even level, while some older whales are only beginning to accept losses of unusual size.

Coins are therefore being transferred from holders with higher reference prices to buyers receiving them closer to the current market. That can create a healthier base because the new owners need a smaller recovery to return to profit and may be less likely to sell after a modest bounce.

The data cannot identify those buyers or establish that they have stronger conviction. Realized losses confirm that ownership is changing; price must show whether the incoming demand can absorb the supply without another breakdown.

What Would Turn the Reset Into a Reversal? Three developments would provide stronger confirmation:

Whale losses begin to fade: The market should absorb the July 14 event without a cluster of larger losses from old or recently active whales. Bitcoin holds while supply changes hands: Avoiding new lows during continued loss realization would indicate that buyers are taking the released coins without requiring progressively lower prices. BTC reclaims the low-$70,000 area: A move above the converged 1-3 month and 3-6 month realized prices, followed by a successful retest, would show that recent-holder selling has been absorbed. Reclaiming the on-chain trader realized price would also return that cohort’s profit/loss margin above zero, shifting active traders from an aggregate loss into profit.

The bearish interpretation remains valid if large whale-loss events continue to cluster, BTC establishes new lows or another rebound fails below the recent-holder cost bases. Under those conditions, the lower realized prices would reflect ongoing capitulation rather than the foundation of a sustained recovery.

Bitcoin’s ownership structure is adjusting, but the market has not completed the final step. Losses have been realized and cost bases have moved lower; demand must now carry price through the low-$70,000 supply zone.

Even a move above the low-$70,000 area would not fully confirm a trend reversal on its own. Bitcoin would also need to hold above the recent-holder cost bases, absorb renewed selling and avoid a quick return below them. Until those conditions are met, the data supports an on-chain reset, not a reversal.

This article is provided for informational purposes only and does not constitute financial, legal or investment advice.

Author

Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Strategy founder Michael Saylor posted a fresh chart of the company's crypto reserves on social media with the brief caption, "What's next?" — a teaser that immediately sparked discussion about the next steps of the world's largest corporate Bitcoin holder. 

The situation is particularly intriguing because the company, which built its reputation on aggressive Bitcoin purchases, is now in a vulnerable position measured in billions of dollars in losses.

Billions in the red versus a fiat cushion: Strategy's capital scenariosAccording to the latest data from Strategy Tracker, the company holds 843,775 BTC on its balance sheet — an enormous 4% of Bitcoin's total global supply. The portfolio is worth $54.28 billion, but due to the high average purchase price of $75,653, the position is now sitting on an unrealized loss of nearly 15%, or around $5 billion, with Bitcoin currently trading near $64,000.

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Saylor's question about "what comes next" has divided the expert community into two camps, with the more optimistic side of the market predictably interpreting the post as an announcement of another buy-the-dip purchase financed through new debt. Investors are now awaiting the opening of trading on Monday and fresh SEC filings.

On the other hand, management's recent actions differ from the familiar "buy and never sell" slogan. Strategy has made no new purchases since June 22 and recently broke its own taboo by selling 3,588 BTC, with the latest transaction involving 2,225 BTC on July 6, used to pay dividends to shareholders and build a $2.55 billion reserve.

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Saylor's teaser appeared at a turning point, as the company is forced to balance its status as Wall Street's leading Bitcoin bull with the strict necessity of servicing its obligations during a market downturn.

Whether the next step will mark a return to aggressive purchases or a continuation of cautious maneuvering supported by a fiat safety cushion will become clear in the coming reporting days.

Michael Saylor, the man whose company holds more Bitcoin than some small nations hold in gold reserves, has a message for anyone trying to tidy up the blockchain: don’t.

The Strategy executive chairman published a lengthy essay and social media thread on July 18-19 laying out what he calls “110 reasons” against BIP-110, a proposed temporary soft fork designed to restrict the embedding of large non-financial data in Bitcoin transactions.

What BIP-110 actually proposes BIP-110, formally titled the “Reduced Data Temporary Softfork,” would introduce several technical constraints aimed at curbing what its supporters consider blockchain spam. The proposal would cap outputs at 34 bytes and restore an 83-byte limit on OP_RETURN outputs, effectively invalidating data strings over 256 bytes that protocols like Ordinals have been using to embed images, text, and other non-monetary content directly onto Bitcoin.

The soft fork is designed to be temporary, lasting roughly one year before the community would evaluate whether to continue it. Activation would require approximately 55% miner signaling, a threshold that sounds modest but has proven difficult to reach.

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Miner support has been notably low. Miners collect fees from all transactions, including the data-heavy ones BIP-110 would restrict.

Saylor’s case against consensus tinkering Saylor’s argument centers on Bitcoin’s neutrality. The network processes transactions without judging their content, and Saylor argues that introducing content-based restrictions, even temporary ones, sets a dangerous precedent. Once you establish that consensus rules can be altered to filter certain transaction types, the door opens to future modifications that could be far more consequential.

He also flagged that BIP-110 could stall innovation pathways like BitVM-style contracting, which relies on flexible data embedding to enable more complex operations on Bitcoin.

Strategy holds hundreds of thousands of BTC and has built its entire corporate identity around Bitcoin as digital capital.

The 2026 spam wars and echoes of history The BIP-110 debate is the latest front in what the community has started calling the “spam wars” of 2026, a period of intensifying conflict over whether Bitcoin should remain a narrow monetary network or accommodate broader data uses.

The parallels to the Blocksize Wars of 2015-2017 are hard to miss. Back then, the community fractured over whether to increase Bitcoin’s block size to handle more transactions. That fight ultimately led to the Bitcoin Cash fork. The current dispute has a similar flavor: a technical proposal with deep philosophical implications, vocal factions on both sides, and no clear path to consensus.

The low miner signaling for BIP-110 suggests the proposal faces an uphill battle toward activation. Various alternative proposals have emerged in the governance vacuum, further fragmenting community attention.

What this means for investors Saylor’s vocal opposition carries outsized weight because of Strategy’s massive Bitcoin position. When the single largest corporate holder of Bitcoin publicly argues against a protocol change, it signals to institutional investors that the network’s conservative, don’t-touch-the-consensus-layer faction still has powerful advocates.

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

84 million BANK tokens have been transferred from the foundation to the Aster deposit address, valued at approximately $13.7 million.

Arkham data shows that 84 million BANK tokens (of Lorenzo Protocol) were transferred from the BANK Foundation address to a newly created wallet, then moved to an Aster deposit address, valued at approximately $13.7 million. Market data indicates BANK has rallied more than 3 times over the past three days, briefly topping $0.21, and is now trading at $0.163 with a 24-hour gain of 53.7%.

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Smart money address 'gritsa.eth' has opened a long position of 50 BTC, valued at approximately $3.22 million.

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Strategy executive chairman Michael Saylor took to social media on Sunday to detail his “110 reasons” why a proposed temporary fork to limit non-monetary transactions on the Bitcoin network, or BIP-110, is a bad idea.

Bitcoin Improvement Proposal-110 was introduced in December 2025 to stop nonfungible token-like Ordinals inscriptions and other arbitrary data from spamming the network and to preserve BTC’s main use as a peer-to-peer cash system.

In a roughly 3,700 word post on X.com, the man in control of the largest Bitcoin (BTC) corporate treasury made a case for what he said are “neutral rules, hard consensus, open markets, and permissionless innovation.”

Source: Michael Saylor on X.com

“Many Bitcoiners I respect support BIP 110. They want to keep validation accessible, protect node operators from unwanted costs and content, preserve affordable payments, and keep Bitcoin focused on sound money rather than general-purpose data storage. Those are serious concerns. I share the objectives. I disagree about the remedy,” Saylor said. He added:

“This article critiques the proposal, not the people behind it. I assume good faith. Bitcoin is strongest when we can disagree vigorously without mistaking allies for enemies.”As of 12 p.m. ET, on Sunday, the post had been viewed 879,000 times, with 692 replies and 852 retweets.

BIP-110 is one of the more notable protocol-level disputes in the Bitcoin development community since the Blocksize Wars between 2015 and 2017, when ecosystem participants debated whether it was worth risking a chain split to raise the block size limit for scalability. 

The proposal was introduced by pseudonymous Bitcoin developer “Dathon Ohm” with the support of Ocean protocol founder Luke Dashjr. Opponents include Blockstream CEO Adam Back.

Little certainty on BHP-110 approvalTo be sure, BIP-110 won’t be activated unless 55% of Bitcoin nodes validating blocks are in support of the proposal across a Bitcoin block “period.”

In the last period, period number 475 between block 955,584 and 957,599, only 1% of blocks were in support.

The dispute comes at a time when Ordinals activity is at near all-time lows, with fewer than 10,000 Ordinals inscribed into the Bitcoin blockchain on a daily basis over the last month, down from the more than 400,000 seen during its peak in August 2023.

Change in daily Ordinals inscriptions since December 2022.
Source: Dune Analytics

Bock has previously criticized BIP-110, describing it as a “quest to police other people.” 

He said Bitcoin’s decentralization should mean “you can’t impose your views on others,” calling it incompatible with BTC’s cypherpunk ethos of permissionless, censorship-resistant money.

Dashjr and other BIP-110 supporters have called Ordinals-driven bloat a “serious threat” to the network, prompting the need for an imminent fix.

They have also argued BIP-110 wouldn’t cause a chain split, as many fear, while adding that the BIP-110 fork imposes a temporary one-year limit and thus wouldn’t invalidate fee-paying transactions over the long term.

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