According to the latest compiled data on flexible savings and earning products at mainstream centralized exchanges (CEXs), stablecoin current yields on platforms like HTX, Binance, OKX, and Bitget show certain differences, with most products adopting a tiered interest structure: high returns for small amounts, reduced rates for excess sums. For USDT products: HTX’s 0–200 USDT tier offers the highest annualized percentage yield (APY) at 10%; Bitget’s 0–300 USDT tier yields 6.24%; Binance’s 0–200 USDT tier is 4.55%; OKX’s stands at 1.62%. Above the respective thresholds, HTX, Binance, and Bitget’s APYs drop to 1.95%, 1.55%, and 1.58% respectively. For USDC products: HTX’s 0–200 USDC tier has an APY of 8%; Bitget’s 0–300 USDC tier is 6.66%; Binance’s 0–200 USDC tier is 6.69%; OKX’s is 1.78%. Exceeding the thresholds, HTX, Binance, and Bitget’s rates fall to 2.75%, 1.69%, and 1.36% respectively. Additionally, for USDE current products: HTX offers APYs of 5% for the 0–1000 tier and 3% for amounts above 1000; Binance’s rate is 3.75%; Bitget’s is 3.70%. As for USDD current products, only HTX currently offers them, with a listed APY of 4.00%. For other U-based products, Binance’s 0–10,000 tier yields 8.54% APY, while HTX’s is 3.00%. Overall, current high yields on CEX stablecoin current products are mostly concentrated in small tiers, with yields dropping significantly for large sums. When comparing products, users should not only consider the nominal APY but also tier limits, supported currencies, platform rules, and product availability. Note: This data is compiled from official public pages of various CEX platforms for informational purposes only and does not constitute any investment advice.
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ether.fi, the leading onchain neobank for digital asset management, has selected Nexus Mutual to provide crypto’s largest-ever ETH Slashing Cover.
The cover protects ether.fi‘s validators against up to 15,000 ETH worth of slashing penalties.
As ether.fi continues to see rapid adoption from both retail and institutional audiences, securing industry-leading protection against slashing risk for ether.fi users is critical. Over the last year, ether.fi has been systematically strengthening their stack across infrastructure, risk management, operational security and real-time defense systems.
Since ether.fi operates one of the largest validator sets on Ethereum, slashing is a real tail risk for them. By working with Nexus Mutual, ether.fi has mitigated this with protection that kicks in to secure against validator losses. This cover was calculated to protect ether.fi in even the most extreme scenarios and represents more than all historical losses from ETH slashing combined.
“We’ve always believed the safest protocols will ultimately win. That’s why we’ve invested heavily in audits, operational security, staking architecture, and now the largest insurance program in the industry. We are excited to partner with Nexus Mutual to make this a reality,” said Mike Silagadze, Founder & CEO of ether.fi.“We’ve known the ether.fi team since before it was ether.fi, and they’ve been focused on risk from day one. Covering their users for up to 15,000 ETH in slashing penalties is a historic step, and we’re proud they chose Nexus Mutual to take it with them,” said Hugh Karp, Founder of Nexus Mutual.
About ether.fi
ether.fi is the leading onchain neobank for digital asset management. With $6B+ in AUM across Cash (crypto card), Stake (restaking), and Liquid (liquid restaking derivatives), ether.fi has established category dominance in crypto neobanking. It’s the rare institutional-grade product built for consumer adoption.
About Nexus Mutual
Nexus Mutual is the first crypto insurance alternative. Since 2019, they have covered more than $7 billion against smart contract hacks, slashing, and other digital asset risks. As the industry leader, they have become a trusted partner for everyone from individuals to institutions to help manage onchain risk.
Contact Head of Marketing
Phil Johnston
Nexus Mutual
[email protected]
London, United Kingdom, 17th July 2026, ChainwireBy Chainwire
Jul 17, 2026
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London, United Kingdom, July 17th, 2026, Chainwire
ether.fi, the leading onchain neobank for digital asset management, has selected Nexus Mutual to provide crypto’s largest-ever ETH Slashing Cover. The cover protects ether.fi's validators against up to 15,000 ETH worth of slashing penalties.
As ether.fi continues to see rapid adoption from both retail and institutional audiences, securing industry-leading protection against slashing risk for ether.fi users is critical. Over the last year, ether.fi has been systematically strengthening their stack across infrastructure, risk management, operational security and real-time defense systems.
Since ether.fi operates one of the largest validator sets on Ethereum, slashing is a real tail risk for them. By working with Nexus Mutual, ether.fi has mitigated this with protection that kicks in to secure against validator losses. This cover was calculated to protect ether.fi in even the most extreme scenarios and represents more than all historical losses from ETH slashing combined.
"We've always believed the safest protocols will ultimately win. That's why we've invested heavily in audits, operational security, staking architecture, and now the largest insurance program in the industry. We are excited to partner with Nexus Mutual to make this a reality," said Mike Silagadze, Founder & CEO of ether.fi.
"We've known the ether.fi team since before it was ether.fi, and they've been focused on risk from day one. Covering their users for up to 15,000 ETH in slashing penalties is a historic step, and we're proud they chose Nexus Mutual to take it with them," said Hugh Karp, Founder of Nexus Mutual.
About ether.fi
ether.fi is the leading onchain neobank for digital asset management. With $6B+ in AUM across Cash (crypto card), Stake (restaking), and Liquid (liquid restaking derivatives), ether.fi has established category dominance in crypto neobanking. It’s the rare institutional-grade product built for consumer adoption.
About Nexus Mutual
Nexus Mutual is the first crypto insurance alternative. Since 2019, they have covered more than $7 billion against smart contract hacks, slashing, and other digital asset risks. As the industry leader, they have become a trusted partner for everyone from individuals to institutions to help manage onchain risk.
ContactHead of Marketing
Phil Johnston
Nexus Mutual [email protected]
Disclaimer: Press release sponsored by our commercial partners.
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London, United Kingdom, July 17th, 2026, Chainwire
ether.fi, the leading onchain neobank for digital asset management, has selected Nexus Mutual to provide crypto’s largest-ever ETH Slashing Cover. The cover protects ether.fi‘s validators against up to 15,000 ETH worth of slashing penalties.
As ether.fi continues to see rapid adoption from both retail and institutional audiences, securing industry-leading protection against slashing risk for ether.fi users is critical. Over the last year, ether.fi has been systematically strengthening their stack across infrastructure, risk management, operational security and real-time defense systems.
Since ether.fi operates one of the largest validator sets on Ethereum, slashing is a real tail risk for them. By working with Nexus Mutual, ether.fi has mitigated this with protection that kicks in to secure against validator losses. This cover was calculated to protect ether.fi in even the most extreme scenarios and represents more than all historical losses from ETH slashing combined.
“We’ve always believed the safest protocols will ultimately win. That’s why we’ve invested heavily in audits, operational security, staking architecture, and now the largest insurance program in the industry. We are excited to partner with Nexus Mutual to make this a reality,” said Mike Silagadze, Founder & CEO of ether.fi.
“We’ve known the ether.fi team since before it was ether.fi, and they’ve been focused on risk from day one. Covering their users for up to 15,000 ETH in slashing penalties is a historic step, and we’re proud they chose Nexus Mutual to take it with them,” said Hugh Karp, Founder of Nexus Mutual.
About ether.fi
ether.fi is the leading onchain neobank for digital asset management. With $6B+ in AUM across Cash (crypto card), Stake (restaking), and Liquid (liquid restaking derivatives), ether.fi has established category dominance in crypto neobanking. It’s the rare institutional-grade product built for consumer adoption.
About Nexus Mutual
Nexus Mutual is the first crypto insurance alternative. Since 2019, they have covered more than $7 billion against smart contract hacks, slashing, and other digital asset risks. As the industry leader, they have become a trusted partner for everyone from individuals to institutions to help manage onchain risk.
[PRESS RELEASE – London, United Kingdom, July 17th, 2026]
ether.fi, the leading onchain neobank for digital asset management, has selected Nexus Mutual to provide crypto’s largest-ever ETH Slashing Cover. The cover protects ether.fi‘s validators against up to 15,000 ETH worth of slashing penalties.
As ether.fi continues to see rapid adoption from both retail and institutional audiences, securing industry-leading protection against slashing risk for ether.fi users is critical. Over the last year, ether.fi has been systematically strengthening their stack across infrastructure, risk management, operational security and real-time defense systems.
Since ether.fi operates one of the largest validator sets on Ethereum, slashing is a real tail risk for them. By working with Nexus Mutual, ether.fi has mitigated this with protection that kicks in to secure against validator losses. This cover was calculated to protect ether.fi in even the most extreme scenarios and represents more than all historical losses from ETH slashing combined.
“We’ve always believed the safest protocols will ultimately win. That’s why we’ve invested heavily in audits, operational security, staking architecture, and now the largest insurance program in the industry. We are excited to partner with Nexus Mutual to make this a reality,” said Mike Silagadze, Founder & CEO of ether.fi.
“We’ve known the ether.fi team since before it was ether.fi, and they’ve been focused on risk from day one. Covering their users for up to 15,000 ETH in slashing penalties is a historic step, and we’re proud they chose Nexus Mutual to take it with them,” said Hugh Karp, Founder of Nexus Mutual.
About ether.fi
ether.fi is the leading onchain neobank for digital asset management. With $6B+ in AUM across Cash (crypto card), Stake (restaking), and Liquid (liquid restaking derivatives), ether.fi has established category dominance in crypto neobanking. It’s the rare institutional-grade product built for consumer adoption.
About Nexus Mutual
Nexus Mutual is the first crypto insurance alternative. Since 2019, they have covered more than $7 billion against smart contract hacks, slashing, and other digital asset risks. As the industry leader, they have become a trusted partner for everyone from individuals to institutions to help manage onchain risk.
On April 21, 2026, Coinbase’s Quantum Advisory Council released a position paper naming Aptos and Algorand as the two blockchain networks best positioned to handle the cryptographic challenges that quantum computers will eventually bring. Its advisory group includes Scott Aaronson from UT Austin and Dan Boneh from Stanford University, two of the most cited names in cryptography and quantum computing research.
What makes Aptos different here Most networks today secure wallets using elliptic curve cryptography. A sufficiently powerful quantum computer could, in theory, reverse-engineer private keys from public ones.
Aptos was built with this transition in mind from day one. Launched in 2022, it runs on the Move programming language and uses a modular cryptographic infrastructure. If Aptos needs to swap out its signature scheme, it can do that in a single transaction without asking users to create new accounts or move their assets anywhere.
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The Coinbase council’s paper specifically highlighted this crypto-agility as Aptos’s central advantage. Crypto-agility means a system’s ability to swap cryptographic primitives without disrupting the broader network.
In December 2025, the network proposed integrating SLH-DSA, a post-quantum signature scheme that has been formally standardized by the National Institute of Standards and Technology.
Algorand’s approach and why the council cited both Algorand earned its spot in the paper through a different but complementary set of choices. The network has implemented Falcon signatures within its State Proofs, and it offers native key rotation as a built-in feature. Falcon is a lattice-based cryptographic scheme, which is one of the algorithm families that NIST has identified as resistant to quantum attacks.
Researchers from the Ethereum Foundation were also listed among the advisory council’s contributors.
What this means for the market The council’s paper is explicit that immediate threats are not imminent. The point is about preparation time horizons, specifically that the window between “quantum computers become theoretically capable” and “quantum computers become practically deployable” may be shorter than the time required to retrofit major blockchain networks.
Being named in a paper co-authored by cryptographers from Stanford and UT Austin, distributed under Coinbase’s advisory brand, is a different category of validation than a marketing announcement or a partnership press release.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Maestro is live on Robinhood Chain, the new Ethereum layer-2 built on Arbitrum that has quickly become one of the busiest spots in crypto for memecoins and new launches. Attention around the chain continues to rise, led by CASHCAT and the new tokens launching in its wake.
The market moves fast, and Maestro keeps you ahead.
Maestro runs entirely in Telegram, so there’s no separate app or extension standing between you and a trade. Everything happens in one place, from your first buy to managing an open position. Decide to trade and you’re in, no delay, no detours.
What is Robinhood Chain Robinhood Chain is Robinhood’s own Ethereum layer-2, built on Arbitrum. Robinhood positioned the chain around tokenized stocks and real-world assets, but memecoin trading took off just as quickly. Low fees and quick transactions make it a natural fit for high-frequency trading, and that’s the version Maestro is built for: fast, permissionless, and running around the clock.
Here’s everything the Robinhood Chain trading bot puts in a trader’s hands.
What you can do on Robinhood Chain Maestro arrives fully loaded on Robinhood Chain, with fast execution, extensive DEX and launchpad coverage, and all the tools you need to move first.
Speed comes first. Quick buys and swaps get you into a position while a token’s still running, buying the moment you click, with no approval step in the way. When a token’s moving, every second counts, and Maestro can get you there first.
For the moves you’d rather not sit and watch, limit orders let you set your price and step away. Maestro executes the moment the market hits it. Catch a dip you’ve been waiting on, or take profit at your target while you’re nowhere near the screen.
When the smart money’s already positioned, copy trading puts you on the same side. Track any wallet worth following and Maestro copies every trade that wallet makes in real time, so you’re never the last one in.
Coverage that keeps growing Robinhood Chain’s onchain activity has exploded, and new tokens don’t all launch in the same place. Miss where one launches and you miss the trade. Maestro gives you the fastest access to every launchpad and DEX that matters. Trading is live across Uniswap v2, v3 and v4, with launchpad support across Virtuals, Bankr, Flap.sh, Livo.trade, Trench.today, Bags.fm, RobinFun, LeaveHood, HoodFun, ApeStore, Noxa, Printr, Pons and more. New integrations land as fast as they launch, so you’re covered wherever the next run starts.
More money back with every trade Cashback is Maestro’s way of paying you back for trading. Every trade returns up to 30% of your trading fees, and on a chain built for fast, high-volume trading, that adds up quickly. Cashback applies on every chain Maestro supports, Robinhood Chain included, so the more you trade, and the more chains you trade across, the more of that cost comes back to you. Few trading bots make staying active this rewarding.
Bridge in without leaving the chat Moving funds onto Robinhood Chain has never been simpler. Maestro handles bridging directly in the bot, and offers two routes depending on what matters most. Relay Protocol is the fast, lower-cost option when you just want funds on the chain and ready to trade. Houdini Swap is the private one, routing your funds so there’s no link left between your wallets. Either way, bridging is part of the same flow as your first trade, not a separate errand before it.
Trading Robinhood Chain, start to finish Getting in is quick. Open Maestro in Telegram, bridge funds onto Robinhood Chain through Relay Protocol or Houdini Swap, and you’re ready to trade. Paste a token’s contract address, set your buy amount, and the order goes through at the best available price in a couple of taps. From there, you manage everything in the same chat. Set a limit order to take profit, add to a position that’s working, or sell whenever you want. No tab-hopping needed.
The original bot, on a new chain Maestro didn’t just show up for Robinhood Chain. The first Telegram trading bot has spent years proving itself on the fastest, most competitive chains in crypto, and all of that experience came to Robinhood Chain from day one. Traders here get the same engine that’s earned trust everywhere else Maestro runs, with the full toolkit ready from the start.
Another chain, another edge Robinhood Chain is one of the fastest-evolving markets in crypto, and Maestro is all hands on deck to give traders the edge they deserve. That means deeper coverage and faster execution as the chain evolves. That’s how Maestro has always operated, and how it keeps setting the standard for trading bots everywhere.
Start trading on Robinhood Chain with Maestro today.
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Decentralized perpetuals trading platform Ostium, focused on real-world assets on the Arbitrum network, has suffered a substantial security incident resulting in the loss of approximately $18 million from its liquidity vault. The attack, which occurred on July 15, 2026, prompted the immediate halt of all trading activities on the protocol.
Security monitoring firm Blockaid was among the first to identify the breach, noting that the perpetrator leveraged a registered PriceUpKeep forwarder within Ostium’s automated price infrastructure.
By submitting authorized but future-dated oracle reports, the attacker manufactured artificial trading profits.
This enabled a series of looped open-and-close position actions that drained funds directly from the USDC liquidity vault serving as the counterparty for user trades.
A Security Update: Trading remains paused following the security incident. User positions remain open and unmodifiable, and trader margin remains unmoved in frozen trading smart contracts. The team will continue to provide updates as they become available regarding a timeline…
— Ostium (@Ostium) July 16, 2026
On-chain analysis of the primary exploit transaction confirms significant USDC outflows, representing a notable portion of the vault’s value at the time.
Ostium’s team acted quickly to contain the damage.
In an official security update, the protocol confirmed that trading remains paused.
User positions stay open and unmodifiable, with trader margins securely frozen inside the smart contracts.
The protocol emphasized that no user funds outside the affected vault mechanics were directly impacted in a way that alters these safeguards.
The project has mobilized a comprehensive response.
Teams are working around the clock in coordination with law enforcement, specialized security researchers, and firms like SEAL 911 to track stolen funds and support the ongoing investigation.
Multiple parties are actively monitoring asset movements to aid potential recovery efforts.
Ostium positions itself as a gateway for on-chain trading of global markets, including stocks, commodities, forex, and crypto perpetuals with significant leverage.
Prior to the incident, it had attracted substantial institutional backing, raising nearly $28 million from investors including General Catalyst and Jump Crypto.
The platform had also achieved impressive trading volumes exceeding $50 billion cumulatively, underscoring its role in bridging traditional finance with DeFi.
This exploit adds to a pattern of oracle and automation-related vulnerabilities seen recently across DeFi.
Such incidents often exploit timing mechanisms or privileged components in price feeds, which are critical for accurate settlement in perpetual trading.
Despite prior audits and robust design, the breach reveals persistent risks in key management and forwarder contracts used for real-time data integration.
The liquidity vault, where providers deposit USDC to facilitate trading, bore the brunt of the drain.
While exact recovery details are still emerging, the protocol’s funded status may provide resources to explore restitution options for affected parties.
Users have been directed to monitor official communications for further timelines on contract resumption and any fund recovery developments.
The broader DeFi community continues to emphasize the importance of hardened security practices, particularly around oracle dependencies and privileged roles.
As RWA perpetual platforms gain traction, events like this serve as critical lessons for improving resilience against advanced manipulation tactics. Ostium has expressed gratitude for community and expert support while committing to transparent updates as more information becomes available.
Adeniyi Abiodun, co-founder of Sui, outlined three infrastructure advancements he believes could dramatically boost blockchain usage in everyday life. In recent comments, Abiodun identified zkLogin, gasless transactions, and private stablecoin payments as key upgrades with the potential to onboard billions of new users to blockchain networks.
Key upgrades to improve blockchain adoptionAbiodun explained that removing complex requirements and transaction costs is vital for reaching wider audiences. He emphasized zkLogin, a system allowing users to access blockchain services through familiar Web2 logins such as Google or Apple, without the need to manage seed phrases. According to Abiodun, this integration will significantly enhance the user experience on Sui, an emerging Layer 1 blockchain designed to support fast and scalable applications.
“By eliminating the need for users to remember or securely store seed phrases, zkLogin makes blockchain onboarding as intuitive as logging into mainstream apps,” he stated. Abiodun suggested that streamlining entry points in this way can eliminate technical barriers that discourage mass participation.
Abiodun notes that zkLogin, gasless transactions, and private stablecoin payments represent a significant step toward reducing friction and bringing blockchain to the next billion people globally.
Alongside zkLogin, Abiodun underlined the importance of gasless transactions, which allow decentralized applications or designated sponsors to cover network fees on behalf of users. This model, he argued, eliminates one of the most persistent pain points for both developers and consumers, particularly during initial wallet creation and first-time transactions.
For exchanges and developers, this dual approach could prevent user drop-off during onboarding—an ongoing challenge for many Layer 1 blockchains, where high fees and confusing processes can deter new participants.
FeatureCurrent ChallengeProposed SolutionUser onboardingSeed phrase managementWeb2-based zkLoginTransaction feesUsers pay gas feesGasless transactions (covered by apps/sponsors)Private stablecoin payments for real-world useExpanding on infrastructure, Abiodun also highlighted private stablecoin payments as essential for future adoption. This feature would enable users to carry out confidential transactions using stable-value assets without exposing their transaction details to the public.
Abiodun suggested that integrating privacy features with stablecoins aligns with everyday expectations of financial privacy and could play a key role in drawing mainstream users to on-chain financial services.
These developments reflect a wider trend among blockchains to prioritize usability and consumer-friendly features beyond traditional decentralized finance (DeFi) products.
Sui operates as a Layer 1 blockchain network focused on high-performance infrastructure and developer experience, aiming to support a new generation of decentralized applications.
Mini dictionary: zkLogin is an authentication protocol that leverages zero-knowledge proofs, allowing users to interact with blockchain applications using traditional Web2 identities like Google or Apple accounts, without revealing their private data or managing seed phrases.
Industry signals broader shift in blockchain approachMarket observers have noted that initiatives like those promoted by Sui demonstrate a shift within the blockchain sector. Projects are increasingly focusing on optimizing platforms for real-world consumer applications, aiming to move beyond the niche of financial trading and into everyday utility.
Abiodun’s comments come as other industry players explore similar routes, reflecting the competitive drive to build infrastructure capable of genuine mass adoption.
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.
T1’s newest weapon just announced himself on the biggest stage in League of Legends. Kim “Peyz” Su-hwan took down the reigning MSI Champions in Game 1, while his predecessor Lee “Gumayusi” Min-hyeong, now playing for Hanwha Life Esports, suffered his first Caitlyn loss of the 2026 season on the other side of the matchup.
Peyz’s breakout and the numbers behind it Peyz joined T1 in November 2025, replacing Gumayusi after the veteran’s seven-year run with the organization.
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Across MSI 2026, Peyz posted a 15-6 win-loss record, a 5.2 KDA, and 10.3 CS per minute. He also notched his 15th career pentakill during the tournament. His Mais Esports Score of 78 was the highest of any player at the event.
T1 swept through the Play-In stage with a perfect 3-0 record, dismantling opponents like KC and Team Liquid without dropping a single game. The tournament took place in Daejeon, South Korea. The bracket stage proved tougher. T1 ultimately fell 1-3 to G2 Esports, who went on to win the whole thing.
The Sui connection and why crypto cares about esports T1 are three-time League of Legends world champions. When they signed a multiyear partnership with the Sui blockchain back in February 2024, it was one of the more significant crypto-esports deals in the space.
There’s no evidence that Peyz getting a pentakill directly moves the SUI token price. Markets don’t work that way, at least not in any predictable fashion.
What this means for investors watching the esports-crypto overlap T1’s elimination by G2 in the bracket stage means the exposure window at MSI 2026 was shorter than hoped. There’s also the question of whether esports sponsorship visibility actually translates to on-chain activity. Brand awareness and protocol adoption are related but not identical.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Key HighlightsSilicon Valley Conference Series Highlights Robotics Innovation PushStrategic AI Framework Expansion Attracts Developer InterestDeveloper Ecosystem Central to Robotics Platform VisionGet 3 Free Stock Ebooks FFAI shares decline 8.85% even as company strengthens robotics collaborations in Silicon Valley. Stock drops nearly 9% while Faraday Future showcases AI robotics capabilities. Shares retreat as company pushes forward with Four-Core Full-Stack AI initiative. FFAI experiences sharp decline despite unveiling EAI robot demonstrations. Nearly 9% stock drop accompanies aggressive robotics platform expansion. Shares of Faraday Future Intelligent Electric Inc. (FFAI) closed at $0.1236, declining 8.85% during regular trading. The stock showed modest recovery in pre-market hours, gaining 1.13% to reach $0.1250. This downward movement occurred as the electric vehicle manufacturer showcased its expanding robotics collaborations and technological advancements at prominent Silicon Valley conferences.
Faraday Future Intelligent Electric Inc., FFAI
Silicon Valley Conference Series Highlights Robotics Innovation Push Faraday Future engaged with the artificial intelligence and robotics communities through participation in three significant technology conferences throughout July. These Silicon Valley gatherings brought together industry leaders, startup founders, academic researchers, and technology innovators. The company leveraged these platforms to unveil its embodied artificial intelligence robotics vision.
The electric vehicle manufacturer attended the Humanity & AGI Summit 2026 held at Stanford Faculty Club on July 12. Subsequently, the company participated in AUTONOMOUS 2026 in San Francisco on July 16. The conference schedule continues with AGI Summit SF 2026, scheduled for July 18 and 19.
During these technology showcases, Faraday Future presented two distinct robotics offerings. The All-New Futurist humanoid robot and the Navi education quadruped robot took center stage. These demonstrations highlighted capabilities including motion control systems, autonomous navigation technology, and an accessible development environment for robotics programming.
Strategic AI Framework Expansion Attracts Developer Interest Faraday Future experienced considerable interest from multiple stakeholder groups during its conference presentations. Developers, academic researchers, technology firms, and prospective business collaborators engaged extensively with the company’s EAI Brain technology and open development platform. These interactions led to advancement of partnership discussions with individuals affiliated with Stanford University and the University of California, Berkeley.
These emerging partnerships concentrate on practical applications spanning educational environments, industrial operations, and security inspection sectors. Collaborative efforts will focus on creating enhanced robot capabilities, intelligent software agents, and productivity-enhancing tools. The initiatives are designed to facilitate real-world robotics implementation across diverse commercial settings.
Faraday Future recently unveiled an expanded vision with its Four-Core Full-Stack AI ecosystem framework. This comprehensive structure now incorporates Industry Productivity Solutions and a dedicated Developer Platform, complementing existing components including the EAI Brain, EAI Devices, and EAI Data Factory. This evolution represents a strategic pivot from standalone hardware offerings toward integrated, industry-specific technology platforms.
Developer Ecosystem Central to Robotics Platform Vision The company emphasized that collaboration with external developers forms the cornerstone of its embodied AI ambitions. Plans call for integrating robotics hardware, intelligent software systems, comprehensive data resources, and third-party developer innovations. This integrated methodology aims to accelerate market penetration across education, industrial automation, and security inspection sectors.
Faraday Future stressed that its robotics infrastructure maintains an open development philosophy to encourage application innovation. The company anticipates that independent developers will create supplementary robot capabilities utilizing its technology foundation. These community-driven enhancements could significantly broaden available solutions across numerous commercial verticals.
These strategic announcements emerged during a period of share price weakness for Faraday Future despite tangible technological advancement. The company’s active presence across multiple high-profile conferences underscored its commitment to building robotics partnerships and expanding its artificial intelligence capabilities. This strategic direction also offers insight into the company’s diversification plans extending beyond its core electric vehicle business.
Key Highlights The Eurozone recorded 2.8% annual inflation in June 2026, a decrease from May’s 3.2% Economists had predicted 3.0%, making this a positive surprise Core inflation retreated to 2.4%, returning to February’s level Both energy and food categories showed moderation in price growth Interest rates were increased by the ECB last month due to Middle Eastern instability The Eurozone experienced a notable deceleration in price growth during June, providing welcome respite following an extended period of heightened inflation. Eurostat released final figures on Friday showing annual inflation declined to 2.8%, marking a significant drop from the previous month’s 3.2% reading.
This outcome represented a pleasant surprise for market watchers. The consensus among economic forecasters had pointed toward inflation remaining at 3.0% year-over-year through June.
When examining month-to-month changes, consumer prices across the 21-nation monetary union declined by 0.1%. This figure aligned with the initial estimate released previously.
Second Quarter CPI Comes in at 3.0% Looking at the entire April-to-June period, the consumer price index averaged 3.0%. This undershot the European Central Bank’s projection of 3.2% for Q2.
Experts at Capital Economics highlighted declining petrol and diesel prices as a significant factor behind the improvement. Reduced costs at the pump helped drag down the overall energy component.
The food category also demonstrated continued easing. This deceleration has been gradually developing across recent months and played a meaningful role in bringing down the overall inflation rate.
Core CPI Shows Improvement Core inflation, which excludes volatile components like energy and fresh food, fell to 2.4% in June. This represents a return to the level observed in February and marks a reversal from May’s uptick.
The May elevation in core inflation had resulted from a sharp increase in travel and tourism service prices. During June, airline carriers appeared to have absorbed a substantial portion of rising aviation fuel expenses, helping to moderate this component.
Aviation fuel prices had climbed due to petroleum supply interruptions connected to the escalating military situation involving Iran.
When both energy and fresh food are excluded from calculations, consumer price increases measured 2.1% on an annual basis and 0.2% from the previous month throughout the Eurozone.
Across individual EU nations, inflation rates showed considerable variation. Sweden registered the most modest rate at 1.0%, with Czechia following at 1.1% and Denmark at 1.8%. At the opposite end, Romania exhibited the steepest rate at 9.2%, while Lithuania recorded 5.4% and Bulgaria 5.2%.
Relative to May’s figures, annual inflation decreased in twenty-two countries, remained unchanged in three nations, and increased in two.
The services sector proved to be the primary driver of overall inflation, contributing 1.51 percentage points to the total. Energy prices added 0.77 percentage points, with food, alcoholic beverages and tobacco accounting for 0.29 percentage points.
A temporary truce between Washington and Tehran contributed to lower energy costs during June. Nevertheless, renewed hostilities in recent days have created fresh upward momentum for crude oil quotations.
The ECB implemented a rate increase last month. The central bank specifically pointed to inflationary dangers emerging from Middle Eastern military developments as a principal justification for the policy adjustment.
Pi Network price has surged more than 13% to an intraday high of $0.083 after the Core Team confirmed a Protocol v25 upgrade for July 22, lifting retail sentiment around the battered token.
Summary
Pi Network price surged over 13% after the Core Team scheduled its Protocol v25 upgrade. Rising open interest and a possible triple bottom supported PI’s rebound from record lows. Negative money flow and daily token unlocks could limit gains above $0.083. According to data from crypto.news, Pi Network (PI) price traded near $0.082 at press time after rebounding from its July 14 record low around $0.071. The advance stood out as Ethereum, Solana, and other high-beta cryptocurrencies fell alongside a global technology-stock rout.
Protocol v25 and leveraged demand have fueled the rebound Pi Network’s Core Team confirmed that Protocol v25 will improve network stability and add tools for more efficient, privacy-preserving smart contracts. The team also introduced a redesigned Mining App menu intended to simplify access to ecosystem features and applications. Pi Network’s announcement gave traders a dated catalyst after PI lost about 27% over the previous week.
The Pi mining app side menu and app profile page have been redesigned!
As the first step of a broader mining app design refresh, this update makes important Pioneer info and ecosystem features easier to find, understand, and navigate. Tap the hamburger (☰) icon in the top left… pic.twitter.com/NVVo1Y5TnL
— Pi Network (@PiCoreTeam) July 16, 2026 Derivatives traders quickly increased their exposure. PI futures open interest rose to $10.73 million from $10.44 million a day earlier. Rising leverage, combined with thin order books, likely helped accelerate the move as bearish positions faced pressure above $0.080.
Meanwhile, Pi Network’s retail-heavy market structure helped the token move independently of large-cap altcoins. Global technology shares fell on July 17 as investors reduced leveraged exposure to semiconductor and AI stocks, while renewed Middle East tensions pushed oil prices higher.
U.S. initial jobless claims also dropped to 208,000 from 216,000, another sign of resilience in the labor market. Firm economic data can reduce the case for Federal Reserve rate cuts, a development that usually hurts speculative assets. PI’s network-specific catalyst outweighed that pressure during Friday’s session.
On the lower-time-frame chart, PI has formed three troughs around $0.073–$0.075, creating a possible triple bottom. The pattern requires a decisive close above its neckline near $0.082–$0.083. A confirmed breakout could open a move toward $0.086, where the chart shows the next short-term target.
According to trader Crypto With Gopal, buyers have repeatedly defended the same support zone.
“Support has held multiple times—now all eyes are on the breakout. Market sentiment is turning increasingly bullish.”
$PI is printing a triple bottom formation 👀 Three strong reactions from the same support zone suggest buyers are defending the level aggressively. Momentum is improving as price starts pushing back toward key resistance. 📈
A breakout above the neckline could confirm bulls… pic.twitter.com/Qmd2mjWsyC
— Crypto With Gopal (@cryptowithgopal) July 17, 2026 The daily chart presents a tougher test. PI remains inside a descending channel that has controlled price action since late April, while the Supertrend stays bearish at $0.101. A rebound toward that level would still leave the token beneath the channel’s upper boundary, now located around $0.108.
Pi Network price daily chart — July 17 | Source: crypto.news Weak money flow and token unlocks threaten the recovery Chaikin Money Flow remains negative at approximately -0.15, which shows that capital outflows still exceed inflows despite Friday’s bounce. PI must push the indicator above zero and reclaim $0.101 before the daily chart supports a durable trend reversal.
Supply also remains a structural risk. PiScan data showed roughly 127.5 million PI scheduled to unlock over a 30-day period, equal to an average of about 4.25 million tokens per day. Continued releases could limit gains unless network activity creates enough demand to absorb the new supply.
A rejection from $0.083 would weaken the triple-bottom setup and return attention to $0.074. A daily close below that support would invalidate the recovery thesis and expose the record-low region near $0.071, with the descending channel allowing further losses toward $0.065.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Archive of Fate lets players live through AI-narrated lives across multiple worlds, preserve memorable fates, and leave traces that may appear in future players’ stories.
ARPA Network today introduced Archive of Fate, a verifiable AI-powered fate simulation game built around randomness, storytelling, and persistent player memory.
Archive of Fate allows players to live through a complete simulated life across one of three worlds: modern, cultivation, or western fantasy. Each run begins with a verifiable random seed powered by ARPA Randcast, ARPA Network’s on-chain verifiable random number generator. From there, players choose talents, allocate attributes, and experience a life shaped by deterministic game logic and narrated with AI.
At the end of each run, players receive a title and a summary of who they became. They can then choose whether to let that life fade or inscribe it into the Archive. Once preserved, an inscribed fate may later appear inside another player’s story as a rumor, record, prophecy, relic, warning, or myth.
Archive of Fate is designed around a simple idea: generated lives do not always have to disappear when a run ends.
“AI makes it possible to generate more personalized stories, but endless generation alone does not make a world feel alive,” said Felix Xu, CEO at ARPA Network. “With Archive of Fate, we wanted to explore what happens when generated lives have structure, memory, and the ability to touch other players’ experiences. Randcast gives each run a verifiable origin, while the game engine computes the underlying fate and AI gives that fate a voice.”
Unlike pure AI story generators, Archive of Fate separates game logic from narration. The core fate path is determined by the random seed, player-selected talents, allocated attributes, and the game’s event system. AI is used to turn those computed outcomes into readable narrative moments, character summaries, fate titles, and mythic references.
This design allows Archive of Fate to create a balance between unpredictability and structure. Players receive lives that feel surprising and personal, while the underlying system still preserves rule-based consequences and replayability.
Archive of Fate launches with three world settings:
Modern: a world shaped by family, wealth, health, intelligence, charm, work, relationships, pressure, and timing. Cultivation (Xianxia): a world of spiritual roots, sects, breakthroughs, forbidden techniques, heavenly tribulations, and the pursuit of immortality. Western Fantasy: a world of magic, kingdoms, bloodlines, monsters, relics, curses, old gods, and unfinished legends. The game is free to play. Players can complete full runs, receive life summaries, and share fate cards without payment. Inscription is optional and serves as the game’s preservation layer, allowing selected lives to enter the shared Archive and potentially appear in future players’ narratives.
Archive of Fate also introduces a “world pollution” mechanic, where preserved player fates can become part of the narrative texture of future runs. Over time, the Archive is designed to become a shared mythology shaped by the lives players choose to preserve.
Future updates may introduce additional worldlines, expanded event libraries, deeper inscription mechanics, wallet-based identity experiments, and more ways for preserved fates to influence future gameplay.
Archive of Fate is now available at http://aof.arpanetwork.io
About Archive of Fate
Archive of Fate is a verifiable AI-powered fate simulation game introduced by ARPA Network. Players live through complete simulated lives across multiple worlds, receive fate titles and summaries, and may choose to inscribe memorable lives into a shared Archive. The game combines ARPA Randcast-powered verifiable randomness, deterministic game logic, AI narration, and persistent player inscriptions to explore how generated lives can become part of a shared narrative universe.
About ARPA Network
ARPA Network (ARPA) is a decentralized, secure computation network built to improve the fairness, security, and privacy of blockchains. The ARPA threshold BLS signature network serves as the infrastructure for a verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody across multiple blockchains.
Randcast, a verifiable Random Number Generator (RNG), is the first application that leverages ARPA as infrastructure. Randcast offers a cryptographically generated random source with superior security and low cost compared to other solutions. Metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution can benefit from Randcast’s tamper-proof randomness.
AI inference startup General Compute has secured a $400 million loan, in what is the first financing transaction backed by inference-specific chips as collateral.
AI inference-focused startup General Compute recently secured a $400 million loan from Upper90, marking the first financing transaction backed by inference-specific chips as collateral. The company builds its dedicated cloud platform using SambaNova ASIC chips. General Compute closed a $15 million seed round in May, positioning itself to proxy AI workloads, delivering faster token processing speeds and lower latency than traditional GPU-based clouds, with deployments in existing data centers including crypto mining facilities.
10 minutes ago
One hour ago, a founding investor of Lido deposited 4.3 million LDO tokens they have held for five years into Kraken.
According to monitoring by Chinese crypto analytics platform Yu Jing, an initial institutional investor in Lido transferred 4.3 million LDO tokens (valued at $1.61 million) to Kraken one hour ago, after holding the assets for five and a half years. The institution received an allocation of 5 million LDO tokens in December 2020; at the 2021 bull market peak, these tokens were worth $30 million, while their current market capitalization stands at just $1.88 million. However, the investor’s cost basis for acquiring the LDOs is only $0.0085, meaning it still holds over 40x profits even at today’s prices.
10 minutes ago
U.S. House Financial Services Committee holds a hearing on the CLARITY Act today, with the updated text possibly delayed until next week.
Crypto journalist Eleanor Terrett posted on X that Republican members of the U.S. House Financial Services Committee will hold an in-person hearing in New York at 10 a.m. ET, focusing on how the CLARITY Act can drive innovation in the digital asset space. The hearing is an informational session designed to gather industry input and discuss policy implications, and will not impact the Senate’s ongoing consideration of the bill. Meanwhile, the updated legislative text of the CLARITY Act has not yet been released. Citing industry sources, Terrett noted that crypto industry leaders currently expect the updated text to be delayed until next week.
10 minutes ago
The decline in US stocks narrowed, with SK Hynix ADR gaining more than 4%.
According to BIT (bit.com) market data, SK Hynix ADR rebounded after briefly trading below its issue price today, now up over 4% at $158.91. Driven by this, Micron has also turned positive, with a current gain of 0.49%. Earlier news: the preliminary reading of the University of Michigan’s U.S. Consumer Sentiment Index for July hit 54.4, versus an expectation of 51 and a prior reading of 49.5. The preliminary one-year U.S. inflation expectation for July stands at 4.2%, against an expectation of 4.50% and a prior value of 4.60%.
10 minutes ago
US Central Command: No US troops have been captured or killed recently.
US Central Command: Claims by Iranian forces that they attacked the US garrison in Syria’s Tanf and captured or killed US troops during the operation are false. No US military personnel have been killed or captured in the region recently. Earlier, Iranian authorities had claimed to have killed multiple US service members.
10 minutes ago
Following the opening of US stock markets, Bitcoin and Ethereum accelerated their downward trend; 'Maji' rapidly cut positions to avoid liquidation.
Per HTX market data, Bitcoin and Ethereum accelerated their declines after today’s US stock market opened. As of press time, Bitcoin trades at $62,554.81, down 0.84% over the past hour. Ethereum is holding just above the $1,800 level, currently at $1,810.62. In response, "Maji" has sharply cut its Ethereum long positions in the past hour. HyperInsight monitoring shows its 25x leveraged Ethereum long positions have been reduced to 3,500 coins, valued at $6.338 million, with the long positions’ liquidation price also dropping to $1,795.49—less than 1% away from the current price.
Bitcoin may be approaching a cyclical market low as selling pressure shows signs of exhaustion, according to ARK Invest’s latest The Bitcoin Quarterly report.
The leading digital asset fell around 4% to $58,544 by quarter-end, closing below major technical and on-chain averages after an early rally failed to hold above them.
While ARK views that configuration as historically bearish and said Bitcoin has yet to revisit its realized and investor cost bases, implying potential downside toward $49,000-$53,000, the firm also sees evidence that selling pressure is becoming exhausted.
According to the report, supply in loss surpassed supply in profit, long-term holders accumulated to an all-time high of 14.85 million BTC, and realized-loss velocity briefly exceeded profit-taking, a combination ARK said has historically clustered around capitulation phases.
Meanwhile, realized volatility remained subdued despite the price decline, reflecting a more mature and orderly market.
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Bitcoin traded at $62,806 at press time, off about 2% in the last 24 hours after pulling back from a weekly high of $65,000. The decline came as markets turned cautious over escalating geopolitical risks and uncertainty over the CLARITY Act’s path through Congress.
ETF outflows and STRC weakness pressured Bitcoin’s institutional market According to ARK, institutional Bitcoin markets weakened during the second quarter as treasury financing came under pressure and ETF investors pulled capital, though derivatives markets showed few signs of panic.
Strategy’s STRC preferred stock fell sharply from its $100 face value to a late-June low of about $74.6 before closing the quarter near $85.
ARK said the persistent discount to par suggests financing conditions are worsening for Bitcoin treasury companies, increasing their cost of capital and potentially limiting future Bitcoin purchases.
At the same time, US spot Bitcoin ETFs recorded their first seven-week streak of net outflows, with investors withdrawing approximately 71,000 BTC over the quarter and removing a key source of market support.
Despite those headwinds, the three-month futures basis stayed slightly positive at around 2.3%, indicating muted bullish positioning without slipping into backwardation, ARK added.
Productivity and AI investment support long-term US growth On macro, ARK noted that the US macro environment continues to favor long-term growth, supported by rising productivity and accelerating business investment despite lingering inflation pressures.
The firm also said the recent flattening of the Treasury yield curve should be viewed as evidence of technology-driven deflationary pressures rather than a recession warning.
In addition, record orders for core capital goods point to a strengthening investment cycle fueled by AI, energy infrastructure, deregulation and tax policy, which the firm expects to extend beyond previous technology booms.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Bitcoin is taking hits from two directions at once. BTC USD price is around $62,832, that headline number represent a brutal 48 hours that pushed the price below $63,000, a level traders treat as the structural floor for any credible bull case.
Whether that floor holds depends heavily on events unfolding far outside the crypto market.
U.S. airstrikes on Iran’s Hormozgan province, striking five bridges and a maritime control tower at Chabahar, according to Iran’s semi-official Fars news agency, hit risk assets hard across the board.
Japan’s Nikkei dropped nearly 3% to a one-month low. Nasdaq futures slid 2%, extending Thursday’s 1.6% cash-session loss. Bitcoin extended its own Thursday decline of roughly 1.4% from $65,000, briefly breaching $60,000 amid approximately $1 billion in crypto liquidations, with around $780 million hitting long positions.
BREAKING: Nasdaq 100 futures extend losses to over -2% as memory stocks fall sharply and the Iran War continues. pic.twitter.com/ofQioGsRol
— The Kobeissi Letter (@KobeissiLetter) July 17, 2026
Separately, President Trump declassified intelligence alleging China obtained 220 million U.S. voter records, a claim Beijing’s embassy flatly denied, rattling the Australian dollar, a reliable G10 proxy for China risk sentiment.
The macro setup is now genuinely uncomfortable for BTC bulls, and the next few sessions will test whether spot demand can absorb what leveraged traders have been forced to sell.
Two catalysts are driving volatility simultaneously, and neither has a clear resolution timeline. That’s the challenge.
DISCOVER: The Next 1000x Crypto Gem Before It Lists on Binance
Can BTC USD Price Recover Above $65,000 This Week? BTC is trading in a composite spot range of $63,000 to $64,000. The post-liquidation bounce has stalled rather than accelerated.
Volume context matters here. The $1 billion liquidation flush was a forced-seller event, not an organic distribution. That historically creates messy range-bound price action rather than clean trend moves in either direction.
BTC is trading just below its 50-day SMA, a technically soft position. Current structure reads as leveraged longs getting flushed while spot buyers defend major support. Consolidation, not collapse, but fragile consolidation.
Source: BTCUSD / Tradingview $60,000 holding as support on any retest, geopolitical headlines stabilizing, and BTC USD reclaiming $65,000 on volume opens a run toward prior resistance at $67,000. Choppy range-trading between $60,000 and $65,000 while macro uncertainty persists is the base case.
A decisive close below $60,000 on meaningful volume damages near-term bullish structure materially and likely triggers another wave of systematic selling.
That level is doing a lot of work right now. Watch it closely.
DISCOVER: Best Meme Coin ICOs to Invest in 2026
Bitcoin Hyper Presale Attracts Attention as BTC Navigates Turbulence When spot BTC churns sideways under geopolitical pressure and the easy leveraged gains have already been liquidated away, some traders rotate attention toward early-stage infrastructure plays where price discovery hasn’t happened yet.
That calculus, not hype, is what’s directing attention toward Bitcoin’s Layer 2 ecosystem right now. Volatility at the base layer tends to sharpen the argument for scalability solutions sitting above it.
Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 integrating the Solana Virtual Machine (SVM), the smart contract execution environment that powers Solana’s speed, with the goal of delivering sub-second, low-cost transaction finality while inheriting Bitcoin’s security model.
The project’s Decentralized Canonical Bridge handles native BTC transfers between layers without custodial risk. The presale has raised exactly $32,968,641.95 at a current token price of $0.0136832, with staking available for participants.
That’s a meaningful amount of committed capital for a presale stage, though early-stage tokens carry significant risk, protocol delivery, token unlock schedules, and market conditions at launch all remain open variables.
Visit Bitcoin Hyper HERE.
EXCLUSIVE: Earn $10 USDC Via Binance Sign-Up
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Alex Ioannou
On-Chain Journalist
Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More
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17 July 2026 | 12:19 ONDO rose from around $0.31 on July 14 to nearly $0.39 on July 16 as the DTCC and SBI announcements accelerated buying. The token had pulled back to approximately $0.36 at the time of writing on July 17, but it remained roughly 16% above its pre-rally level.
Key Takeaways A daily close above $0.37 would open the next resistance near $0.42. New and active addresses increased for three consecutive days alongside the rally. The DTCC and SBI developments support Ondo’s business, but they do not create direct revenue rights for ONDO holders. The retracement has not yet damaged the broader recovery. ONDO remains above its 50-day, 100-day, and 200-day simple moving averages, although buyers have not secured a daily close above the resistance area between $0.37 and $0.38.
The next daily close now carries more information than the initial jump. Holding above the reclaimed moving-average cluster would preserve the recovery, while a close through $0.38 would confirm that buyers can absorb the supply sitting above the breakout.
ONDO Runs Into Its First Major Resistance The rally developed from the area surrounding the 200-day SMA and the 0.618 Fibonacci retracement, where ONDO had repeatedly found support. Price then reclaimed the 100-day SMA at $0.33, the 50-day SMA at $0.34, and the 0.5 Fibonacci level at $0.345 during the same recovery.
Daily ONDO technical chart / Source: TradingView The three moving averages now sit below the current market: 50-day SMA: $0.34 100-day SMA: $0.33 200-day SMA: $0.31 The arrangement is constructive but not fully bullish. The 50-day SMA is flattening and approaching the 100-day average, although the two have not completed a bullish crossover. The 200-day SMA is still declining, showing that the longer-term trend has not yet turned upward.
Daily RSI has risen to 61, above its signal reading of 49 and its highest level since the May peak. Momentum is strong without being technically overbought, but the rapid increase also leaves room for consolidation.
The July 15 advance printed 35.6 million in volume, roughly three times the recent average and the largest green volume bar since May. That confirms meaningful participation in the move off the 200-day SMA, but the rejection below $0.37-$0.38 shows that resistance remains intact.
New Wallet Activity Continued After the Catalyst Data shared by Santiment Intelligence shows that ONDO network growth accelerated during the rally.
Network Momentum: New Address Growth July 14
367
July 15
562
July 16
754
Trend Alert: Adoption is accelerating, with a consistent increase in new participants over the past three days.
Daily active addresses followed the same direction, rising from 1,410 to 1,971 and then 2,589. That was the strongest three-day sequence since June and more than double the pace recorded in early July.
The continuation is more useful than the absolute totals. News-driven rallies often produce one sharp burst in activity as traders move tokens between wallets and exchanges. Three consecutive increases indicate that participation continued as the price advanced and then pulled back.
The figures do not establish that those wallets bought Ondo Stocks, deposited capital into Ondo products, or became long-term users. Exchange transfers and speculative positioning can also increase address activity. Sustained readings after the launch headlines leave the immediate news cycle would provide stronger evidence of lasting adoption.
What Ondo Actually Launched With DTCC The largest catalyst arrived on July 15, when Ondo launched its first tokenized stock representations based on DTC tokenized entitlements to securities held at The Depository Trust Company.
The initial structure covered: CRCLon: Ondo’s tokenized representation linked to Circle shares SPYon: Ondo’s tokenized representation linked to the SPDR S&P 500 ETF Trust The conventional securities remain inside DTC’s custody infrastructure. Its Tokenization Service creates digital entitlements linked to those positions, while Alpaca Markets connects Ondo to the DTC participant network and supports movement between conventional and tokenized formats.
This is more precise than saying that all Ondo tokenized stocks are now “DTCC-backed.” The initial launch connects two Ondo products with DTC-held securities and provides a model that could be expanded as DTCC’s service develops.
Ondo CEO Ian De Bode said the company’s infrastructure was built to “interoperate with institutional market infrastructure, not to compete with it.”
Tokenized Exposure Is Not the Same as Owning a Share According to Ondo’s official product documentation, Ondo Stocks are structured notes issued by Ondo Global Markets (BVI) Limited.
The tokens are designed to provide economic exposure to the corresponding security and are backed by underlying assets and cash in transit. Holders can redeem their tokens for the value of that exposure, but they do not appear on the underlying company’s shareholder register.
They therefore do not receive conventional shareholder rights such as: Voting at company meetings. Direct ownership of the underlying shares. Statutory shareholder information rights. The right to demand delivery of the corresponding stock. The DTCC connection strengthens the settlement and custody structure. It does not transform CRCLon or SPYon into conventional shares held directly in the token owner’s name.
SBI Partnership Extends the Catalyst Beyond US Stocks Ondo and SBI Group announced a strategic partnership focused on Japanese equities. SBI is one of Japan’s largest financial groups, with more than $250 billion in assets across securities, banking, insurance, asset management, and digital assets.
Strategic Synergy: Ondo & SBI Collaboration
Japanese Equities
Ondo Global Markets is expected to issue tokenized instruments tied to Japanese assets.
Distribution
SBI plans to make Ondo products available through its financial ecosystem.
Yen Settlement
SBI’s JPYSC stablecoin is intended to support settlement and collateral.
Joint Promotion
The companies plan to distribute the products through their customers and strategic partners.
SBI’s established financial channels could give Ondo access to Japanese investors without requiring it to build local distribution from the ground up. SBI Holdings CEO Yoshitaka Kitao described Ondo as a potential “key strategic partner” in the group’s effort to create a global corridor for digital assets.
The agreement remains at an early stage. The companies have not identified the first Japanese equities, provided a commercial launch date, disclosed expected volumes, or detailed the fees attached to issuance and settlement. JPYSC is also a planned component rather than an active source of demand today.
Business Growth Does Not Automatically Accrue to ONDO The two announcements strengthen Ondo’s position in tokenized capital markets, but they do not change the contractual rights attached to the ONDO token.
Ondo Foundation documentation defines ONDO as the governance token for the Ondo DAO and Flux Finance. Holders can participate in governance, but the token does not provide an automatic claim on Ondo Finance revenue, profits, dividends, or fees generated by Ondo Stocks.
The transmission to ONDO is therefore indirect: The DTCC model may improve the institutional credibility of Ondo Stocks. The SBI agreement may expand distribution and settlement options. Greater adoption may strengthen market demand for the broader Ondo ecosystem. Those developments can influence the token through expectations, governance demand, liquidity, and investor interest in the RWA sector. They do not establish contractual cash flow for token holders.
Three Important Levels The chart supports three measurable scenarios.
ONDO Technical Outlook Bullish: Breaking the $0.37 Ceiling
A daily close above the 0.382 Fib level validates the July rally. Watch for a move toward $0.42, where historical resistance aligns with the 0.236 Fibonacci retracement.
Base Case: Consolidation Range ($0.34 – $0.37)
Expect cooling RSI (current 61.5) while the price trades between support and resistance. Maintaining the 50-day SMA at $0.34 is critical to keep the recovery trend alive.
Bearish: Testing the Trend Foundation
A daily close below the 50-day SMA ($0.34) threatens the setup. Key floor levels to defend: the 100-day SMA ($0.33) and the critical $0.31–$0.32 confluence cluster formed by the 200-day SMA and the 0.618 Fibonacci retracement.
Losing $0.31 on a daily closing basis would invalidate the current breakout and reopen the 0.786 Fibonacci retracement near $0.26.
ONDO’s move has stronger participation than a typical one-day reaction to news, but the trend reversal remains unconfirmed. The distinction now comes down to whether price can reclaim $0.37 or loses the support rebuilt during the July 15 breakout.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
A detailed breakdown of the performance of ADA, SOL, and ETH and some of the latest forecasts.
Cardano’s ADA has been struggling to remain in crypto’s top 20, and its recent performance has been quite concerning (to say the least). Even so, analysts continue to float optimistic price targets for it.
Solana’s native token has flashed signs of an uptrend, while Ethereum (ETH) might be heading toward the biggest crash in its history.
ADA’s Latest Forecasts The asset’s price has slipped well below $0.20 and is among the most severely affected by the prolonged bear market. X user The Boss noted the downward structure but reminded that the strongest reversals begin during such a negative environment when “almost nobody is paying attention.”
CryptoJack and Celal Kucuker also chipped in. The former spotted the formation of an inverse head-and-shoulders pattern on ADA’s chart, which has historically been a precursor of a rally, while the latter envisioned a parabolic increase to a new all-time high of $5.
The whale activity supports the bullish perspective. Investors holding between 100,000 and 100 million ADA have boosted their total possessions to more than 25.6 million coins, while those owning fewer than 100 units have reduced their exposure. This combination represents a healthy setup for the token, yet it can’t 100% guarantee a short-term pump.
Of course, not everyone is so optimistic. X user Alexander Legolas believes that Bitcoin (BTC) may soon tumble to $48,000, dragging ADA to around $0.10 along the way.
SOL’s Targets Solana’s native cryptocurrency currently trades at around $75 (per CoinGecko), but some market observers think it may soon head north to much higher levels.
You may also like: Ethereum Drops 4%, but Analysts Still See a Path Toward $2,245 and Beyond Arthur Hayes Buys ETH Above $1,900 Weeks After Selling at $1,700 Ethereum Tops $1,900 in a Six-Week High, Where to Next For ETH? Ali Martinez recently argued that the Average True Range (ATR) stop has flipped below price, marking the first SuperTrend buy signal on the asset since October 10. That said, he projected a possible rise to $96 and even $121.
Michael van de Poppe suggested that SOL could stage a decisive comeback should it stay above $73, while the rising fear, uncertainty, and doubt (FUD) around the project may also be considered good news. After all, this means that most weak-hand investors have already exited, potentially setting the stage for a meaningful recovery.
ETH Crash Incoming? Earlier this week, the second-largest cryptocurrency tried to reclaim the $2,000 psychological mark, but failed and now trades at approximately $1,830. And while many investors eagerly await a substantial rebound, certain analysts warned that a major collapse could be on the way. Crypto Rover told his 1.6 million followers on X that ETH might repeat previous cycles that ended in “devastating sell-offs.”
“The worst may still be ahead,” he added.
Ash Crypto is in the completely opposite corner. They reminded that every time the Russell 2000 hits a new all-time high, ETH has followed with a parabolic move in the next 12-18 months.
“We are seeing the same setup now. If history repeats, ETH could be gearing up for one of its biggest runs yet,” the analyst concluded.
UBS forecast about 8% upside for the Stoxx Europe 600 by year-end, raising its target to 690 points from 630.
It reflects confidence that Europe’s earnings growth and stock rally can hold through geopolitical strain.
Why Banks Raised Their European Stock TargetEuropean stocks have climbed back to record territory this year after a volatile first half. The index set a record close near 652 points on July 3.
It has since eased to about 639, but remains up more than 7% for the year. Worries about the Iran war faded after a ceasefire, and the rally held even as tensions flared again.
Stoxx Europe 600 Index Chart Showing a 7% Year-To-Date Gain to 639 Points. Source: Google FinanceUBS strategists Gerry Fowler and Sutanya Chedda raised their target to 690 from 630, Bloomberg reported. The multinational investment bank and financial services firm expects the rally to run into 2027. It set a 760 target, which implies a 19% gain over the next 18 months.
“There’s probably more upside than downside risk at this point,” Fowler said.
Their 2026 forecast sits above JPMorgan’s 680, the previous highest target. Bank of America, Deutsche Bank, and Kepler Cheuvreux also lifted their targets.
The analysts pointed to stronger AI-related upgrades, steady bank revisions, and less drag from large defensive sectors.
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Strategists Split on What Comes NextAcross the July poll, the 18 strategists put the index at 647 on average by the end of 2026. That sits less than 1% above current levels, yet bearish calls are thinning out.
Only 5 of the 18 strategists expect the index to fall by year-end. Just 2 see declines steeper than 5%.
TFS is the most bearish, projecting a 9% drop to 585 points. Societe Generale ranks next, with strategist Roland Kaloyan calling for a slide of about 6% to 600. He warned that high expectations leave little room for disappointment.
“In our view, the main risk is not the absence of earnings growth, but that the recovery falls short of what is already priced in,” Kaloyan said.
The next test comes with the second-quarter results. More than 45% of firms have already beaten estimates, while 27% have missed.
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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.
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Chinese President Xi Jinping attended the opening ceremony of the 2026 World Artificial Intelligence Conference (WAIC) and the High-Level Conference on Global AI Governance at the Shanghai World Hall, delivering a keynote address. Xi noted that with joint efforts from all parties, the World Artificial Intelligence Cooperation Organization was established in Shanghai. This is a major initiative by China in response to the calls from Global South countries and to rally the international community to actively promote AI development and governance, marking an important milestone in the history of AI development. Xi announced that to further support global AI development and advance global AI capacity building, over the next five years, China will provide 5,000 special AI training places for developing countries; build international AI application cooperation centers for ASEAN, the Arab League, the African Union, the Community of Latin American and Caribbean States (CELAC), the Shanghai Cooperation Organization (SCO), and BRICS; and promote the implementation of the "Mazu" intelligent meteorological early warning system in 30 countries, to safeguard the well-being of millions of households and ensure stability across regions.
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Chinese President Xi Jinping attended the opening ceremony of the 2026 World Artificial Intelligence Conference and High-Level Conference on Global Governance of Artificial Intelligence, delivering a keynote speech in which he cited the Chinese saying: "A single string cannot make music, nor can a single tree form a forest." He noted that AI development should not be a solo performance by one country, but a symphony of global cooperation, and called for open source, openness, cooperation and sharing to enable all industries to leverage AI. Xi also stressed the need to ensure AI remains under human control, urging countries to establish legal and regulatory frameworks, technical monitoring mechanisms, risk early warning systems and emergency response systems to prevent AI abuse. He further opposed the overgeneralization of the national security concept and the practice of prioritizing one’s own country’s security over that of others, adding that AI should not undermine the cultural identities of various countries or the diversity of world civilizations. China will cooperate with Asian, African, Latin American and BRICS nations to help developing countries build AI capabilities and avoid AI-driven new global inequalities. The China-US AI competition is expanding from chips and models to open source paths and global rule-setting.
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Bonk [BONK] suffered an exploit of $20 million on 6th July. The memecoin project wrote that it was enabled by a “malicious governance proposal.” Soon after, security analysts flagged the exploited weakness as the project’s security failure.
Source: CryptoS6 on X The BONK exploiter has continued to move funds though. Two transactions of around 400 billion BONK, worth $1.39 million and $1.34 million, were sent to the same Binance deposit address on Thursday, 16th July.
Now, the $2.73 million memecoin move does not confirm they were sold. However, they do suggest that the hacker was looking for an exchange exit.
BONK was already under severe bearish pressure, and the exploit earlier in July did its price action no favors. In the last 24 hours alone, the token has shed 6.72% of its value.
Remarkably, its daily trading volume was up by almost 120% too. Moreover, the Open Interest spiked by 30% in 24 hours. Sliding prices and rising volumes hinted at a notable uptick in selling pressure.
Can BONK holders hold on? Since rallying to a swing high of $0.0000134 in the first week of January earlier this year, BONK has shed 74.18%. Even the early January rally was part of a broader downtrend the memecoin has been on since early February 2025.
Holders have no choice but to hold their losses or sell at extreme drawdown levels.
Source: BONK/USDT on TradingView The $0.00000514 local resistance zone was tested earlier in July, but to no avail. The exploit and the subsequent bearish pressure forced prices to new lows.
The OBV also slid to new lows for the year to showcase the relentless selling pressure on the memecoin. Meanwhile, the RSI on the 1-day chart did not yet reach oversold territory.
As things stand, another 18% BONK drop is likely. The next price target will be $0.00000287, which is the 23.6% southward Fibonacci extension level.
Final Summary Hacker behind BONK’s $20 million exploit earlier in July has been moving tokens to Binance, likely with the intent to sell. Severe bearish pressure on the memecoin was amplified and another southbound move cannot be ruled out.
Bonk (BONK) extends its losses, trading below $0.0000034 on Friday, losing over 16% so far this week. The ongoing correction was fueled by on-chain data indicating that the hacker behind the recent exploit transferred a portion of the stolen tokens to Binance. The move has heightened concerns about increased selling pressure, while the hacker still holds roughly $10.85 million in BONK, leaving the meme coin vulnerable to further declines.
Stolen BONK transfers to Binance weigh on price outlookLookonchain data shows that the hacker who had stolen $21.2 million the previous week deposited $4.11 million worth of BONK on Binance on Friday.
As explained in the previous report, if the attackers move the stolen BONK tokens to exchanges to liquidate their holdings, it would bring renewed selling pressure, causing BONK to slip more. Since the hack on July 6, Bonk price has corrected more than 26% as of Friday.
Moreover, traders should still be cautious, as the hacker still holds roughly $10.85 million in BONK, raising the risk of further downside.
Bonk Price Forecast: How low can BONK go?Bonk price faced rejection from the 50-day Exponential Moving Average (EMA) around $0.0000045 on July 6 and corrected more than 26% so far this Friday, trading at $0.0000032.
If the meme coin continues its correction, it could extend the losses toward the key psychological support at $0.0000030.
Momentum indicators show bears in control. The Relative Strength Index (RSI) on the daily chart reads 30, near the oversold level, indicating strong bearish momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) continues to signal a bearish crossover, with rising red histogram bars, which support the negative outlook.
BONK/USDT daily chartIf BONK recovers, it could extend the advance toward the 50-day EMA at $0.0000045.
Football and crypto have been circling each other for years through sponsorships, fan tokens, and NFT collectibles. Zoomex has taken a more direct route by connecting the two markets together, letting users trade on match outcomes with the same tools they already use to trade crypto. The result is Zoomex Predict World, a prediction market built for the 2026 World Cup and designed to feel less like a betting slip and more like a live order book.
Source: Zoomex
What Predict World Actually Is Zoomex Predict World is the flagship sports application of Zoomex’s new Prediction Market product, an event-based trading system that lets users take a position on an outcome, whether that’s a football result, a crypto price level, or another real-world event, and trade that position as conditions change. Inside the World Cup zone specifically, users pick match events, review the available outcomes alongside their current market prices or implied probabilities, and enter a position using crypto through their Zoomex account.
The part that separates this from a traditional prediction pool is what happens after the position is opened. A correct call at kickoff doesn’t need to be held blindly until the final whistle. As the match develops, goals go in, cards get shown, injuries happen, substitutions shift momentum, users can sell their existing shares, add to a position, trim it, or flip to the opposite outcome entirely. Prediction shares are priced continuously, so match events translate into price movement the same way news moves a crypto pair. That turns a pre-match guess into something closer to an in-play trading session, run through the same interface Zoomex traders already know.
The World Cup Campaign Zoomex paired the product launch with a dedicated World Cup Football Carnival campaign, running as a prediction market from June 11 through July 19, 2026 (UTC), with qualifying points valid through July 26 and rewards distributed between July 26 and July 31, 2026. Entry is free, and participants can forecast match outcomes, finalists, and the eventual champion directly from the Zoomex app.
Source: Zoomex
On top of the predictions themselves, Zoomex layered in a task-based rewards system. Users unlock Lucky Spin chances by:
Reaching cumulative valid prediction amount thresholds Completing a set number of valid predictions each day Racking up correct predictions over time Inviting friends to join the World Cup predictions Those spins feed into a prize pool that includes World Cup final and semi-final live match tickets, World Cup-themed gift boxes, airdrop rewards, margin deduction coupons, copy trading insurance funds, and futures trial funds, all on top of a reported $1,000,000 total prize pool for the campaign. Full mechanics, timelines, and eligibility details are published on the Zoomex campaign page and official channels, so it’s worth checking there before jumping in.
Beyond Sports: Politics, Macro, and Global Events The World Cup zone is just one filter inside Predict World. Browse the full markets view and the category tabs make the range clear: alongside sports, there’s Trump, Fed Interest Rate, Macro Indicators, and Inflation, each holding a live board of yes/no markets with real-time pricing and trading volume attached.
The mix on any given day can span geopolitics and monetary policy in the same scroll: a market on whether María Corina Machado enters Venezuela by a set date, another tracking the odds of a Russia nuclear test by specific 2026 deadlines, and a running board on Fed rate cuts broken out by meeting date, each priced individually with its own Yes/No spread. Macro releases get the same treatment, with a market on the June US annual inflation print offering separate outcome bands (such as at or below 3.6% versus exactly 3.7%) that traders can position on ahead of the data. Even political process questions show up, like a market on whether Trump renames ICE to NICE by year-end, split into short-term and longer-dated windows. Some of these single markets carry trading volumes in the tens of millions, on par with what a mid-sized crypto pair might see in a day.
That range is the point. A trader who has a read on Fed policy doesn’t need to leave Zoomex to act on it, and someone tracking inflation data or a geopolitical headline can turn that view into a position with the same mechanics used for the World Cup markets described above: enter early, adjust as new information lands, exit whenever the price no longer matches their view.
Why It’s Built for Crypto Traders Specifically Most prediction markets ask users to think like sports bettors. Zoomex Predict World asks them to think like traders, because that’s exactly the audience it’s built for. Match outcomes become event-based assets. Market prices reflect the crowd’s live expectations, not a fixed pre-match line. Someone who already understands how to manage a position on Zoomex, when to add exposure, when to cut it, when the market has clearly turned, can apply the same instincts to a football match as they would to a volatile altcoin.
That’s the real pitch behind Predict World: it doesn’t ask crypto users to learn a new mental model. It hands them a World Cup-shaped version of the one they already use every day on Zoomex.
Getting Started Joining the campaign takes a few steps:
Open or log into your Zoomex account Head to the Predict World zone Browse upcoming match events and review current outcome pricing Enter a position with crypto, then manage it as the match plays out Complete daily and cumulative tasks to earn Lucky Spin chances toward the reward pool With the World Cup entering its most unpredictable stretch, the window to build up valid predictions and Lucky Spin entries is narrowing. Fans who want to combine tournament excitement with an actual trading edge can head to Zoomex Predict World now and put their read on the tournament to the test.
About Zoomex Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on derivatives trading. The platform serves over 3 million users across 35+ countries and regions, offering access to 590+ trading pairs. Built around easy to use, transparency, fairness, and speed, Zoomex provides a clear and efficient trading experience for users worldwide.
Through its high-performance matching engine, clear asset and order displays, and transparent fee and rule mechanisms, Zoomex helps users better understand their account status, order execution, trading costs, and results. Zoomex maintains registrations, licenses, and regulatory statuses across multiple jurisdictions, including the U.S. MSB, Canada MSB, U.S. NFA, and Australia AUSTRAC, and has completed security audits conducted by blockchain security firm Hacken. The platform also continues to strengthen its trust framework through Proof of Reserves, Security & Transparency, Compliance Information, and Fees / Rules Transparency initiatives.
Beyond trading, Zoomex builds a refined brand experience through elite sports partnerships, including the TGR Haas F1 Team, World Cup-winning goalkeeper Emiliano Martínez, and world-class tennis events such as Wimbledon. The values of speed, precision, discipline, fair play, and rule-based execution are closely aligned with Zoomex’s approach to derivatives trading.
At Zoomex: Easy to Use. Transparent balance. Fair access to your earnings.
Across Protocol, one of the largest cross-chain bridge platforms in crypto, confirmed on July 17 that its Solana bridge deployment was hit by an attack. The good news: user funds appear untouched. The less good news: it’s another reminder that bridges remain crypto’s favorite punching bag for exploiters.
The incident was detected at approximately 5:30 AM UTC, and the team moved quickly to disable Solana deposits as a precautionary measure. All transactions completed before the attack were secured, and the protocol continues to function normally on other supported chains like Ethereum and Base.
What happened and who’s exposed Here’s the thing about this attack: the potential losses appear limited to a very specific bucket. Only funds associated with the relayer operated by Risk Labs, the foundation that supports Across Protocol, are considered at risk. That’s an important distinction. In the world of bridge exploits, where users often wake up to find their deposits evaporated, this outcome is about as contained as it gets.
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Across uses what’s called an intent-based architecture. Think of it like placing an order at a restaurant: you state what you want (move tokens from Chain A to Chain B), and a relayer fills that order using their own capital, getting reimbursed later. The relayer takes on the risk, not the user. In this case, Risk Labs was operating that relayer on the Solana side, which is why their funds, not users’ funds, are the ones in the crosshairs.
The protocol employs an optimistic verification model powered by the UMA oracle. Transactions are assumed valid unless someone challenges them within a dispute window.
Across has stated that a full post-mortem analysis will be published in the coming days. The team is also working with SEAL_911, a well-known crypto security response group, to monitor addresses linked to the attack.
A $35 billion track record, now with an asterisk Before this incident, Across Protocol had processed over $35 billion in transaction volume without a single exploit. Its intent-based model was specifically designed to reduce the attack surface by keeping user funds out of vulnerable smart contract pools. That design philosophy appears to have held up here: users weren’t exposed.
What this means for investors If you had funds moving through Across’s Solana bridge, they appear safe. If you’re planning to bridge assets to or from Solana via Across, you’ll need to wait. Deposits on that chain are disabled until further notice.
The bigger question is what the post-mortem reveals. Was this a smart contract vulnerability specific to the Solana deployment? A relayer configuration issue? Something in how the UMA oracle interacted with Solana’s architecture? The answer matters, because it determines whether this was a one-off implementation bug or something that could theoretically affect other chains in the Across ecosystem.
Traders and liquidity providers who interact with Across on other chains should monitor the post-mortem closely. If the vulnerability turns out to be Solana-specific, operations on Ethereum, Base, and other supported networks should remain unaffected. But if the root cause touches shared infrastructure, the calculus changes fast.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
TLDRMicrosoft and 3M announce new infrastructure agreementInfrastructure progress offsets earlier market concernsLawsuit continues despite market recoveryGet 3 Free Stock Ebooks Microsoft stock rebounded after the company announced a multi-year AI infrastructure partnership with 3M. Azure will become the first major cloud platform to deploy 3M’s Expanded Beam Optical technology. The new optical solution aims to reduce fiber connection time by nearly 80% and improve data center efficiency. The partnership addresses key infrastructure challenges linked to large-scale artificial intelligence deployment. Microsoft continues to face a securities fraud class action lawsuit over Copilot-related disclosures and adoption claims. Microsoft stock rebounded after Microsoft announced a multi-year artificial intelligence infrastructure agreement with 3M. The recovery followed renewed market confidence as the partnership addressed practical data center deployment challenges. The announcement also shifted attention toward engineering improvements instead of earlier concerns about capital spending.
Microsoft Corporation, MSFT
Microsoft and 3M announce new infrastructure agreement Microsoft and 3M confirmed a multi-year partnership focused on improving artificial intelligence data center connectivity. The agreement centers on advanced optical networking technology for Azure facilities. Both companies aim to improve deployment efficiency across expanding cloud infrastructure.
The companies stated that “Azure will be the first major cloud provider to adopt 3M’s advanced Expanded Beam Optical (EBO) technology.”
Microsoft stock gained momentum after the announcement reached financial markets. Institutional buying supported the recovery during the latest trading session.
The new optical technology reduces the time required to connect fiber optic infrastructure. It also improves cooling efficiency while supporting demanding artificial intelligence workloads. These operational improvements address physical limitations affecting large-scale cloud expansion.
Infrastructure progress offsets earlier market concerns Recent trading reflected improving sentiment after previous concerns surrounding Microsoft’s heavy data center investments. Microsoft stock advanced as the market focused on operational improvements rather than infrastructure spending. The agreement presented a practical solution to existing deployment challenges.
Earlier market concerns centered on rising capital expenditures for artificial intelligence infrastructure. Microsoft stock benefited because the partnership highlighted measurable engineering efficiencies instead of future projections. Reduced installation time may improve deployment schedules across additional cloud facilities.
Meanwhile, broader technology shares also strengthened alongside Microsoft’s recovery during the trading session. The positive market response reflected confidence in infrastructure execution rather than broader economic conditions. Microsoft stock remained supported as attention shifted toward implementation progress.
Lawsuit continues despite market recovery The infrastructure announcement arrived while Microsoft continued facing a securities fraud class action lawsuit. Microsoft stock recovered despite ongoing legal proceedings involving claims about artificial intelligence disclosures. The complaint includes an August 11, 2026, lead plaintiff deadline.
Plaintiffs allege executives misrepresented Copilot’s technical capabilities and user adoption figures. Microsoft stock showed resilience even as those allegations remained active before the court. The lawsuit also questions financial relationships connected to artificial intelligence operations.
Court filings further claim internal technical limitations affected Copilot’s performance during the relevant period. Microsoft stock maintained recent gains while legal proceedings continued independently from infrastructure developments. Future court actions and corporate disclosures will determine the next procedural stages.
Microsoft stock ended the period higher after the 3M partnership redirected market attention toward infrastructure execution. The agreement introduced measurable operational improvements while legal proceedings continued separately. Markets now await future corporate updates regarding technology deployment and financial reporting.
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.
Ondo Finance and SBI Group announced a strategic partnership on July 16 to tokenize Japanese equities and distribute Ondo's tokenized products through SBI's financial services ecosystem. The deal pairs the world's largest tokenizer of stocks with one of Japan's largest financial conglomerates, extending SBI's broader push to build tokenized capital markets infrastructure.
Under the partnership, Ondo will tokenize Japanese stocks and distribute them through SBI Group's channels. Settlement will occur in JPYSC, SBI's yen-denominated stablecoin regulated under Japanese law. The partnership also includes cross-promotion and distribution of Ondo's existing tokenized products – which currently focus on US equities and fixed income – to SBI's customer base.
This matters because it connects two specialized parts of the tokenization ecosystem. Ondo has built a track record tokenizing US stocks and treasury securities on Solana and other chains. SBI has built the Japanese institutional infrastructure – JPYSC stablecoin, regulatory relationships with Japanese financial authorities, distribution through a major financial conglomerate, and previous partnerships with DigiFT and Startale to build tokenized capital markets infrastructure.
Ondo and SBI's announcement comes one day after Ondo Finance announced a collaboration with the DTCC to tokenize US equities based on DTC-held securities, and within a week of SBI-DigiFT's JX equity fund launch, the SBI-DigiFT-Startale JPYSC settlement proof-of-concept, and the US-UK tokenization roadmap. The pattern shows capital markets tokenization accelerating across multiple geographies and moving from concepts to actual product distribution.
From SBI's perspective, this is part of a coherent strategy. The company has been consolidating tokenization assets – majority stakes in Osaka Digital Exchange, a $50 million investment in Startale, partnerships with DigiFT, now Ondo. The thread connecting them is building a full stack for institutional tokenized capital markets. You need a regulated tokenizer of real assets (Ondo), a regulated distribution and trading platform (DigiFT, Osaka Digital Exchange), on-chain settlement infrastructure (JPYSC via Startale), and regulatory relationships (SBI's bank subsidiary status and relationships with Japanese authorities).
From Ondo's perspective, the partnership gives access to a major institutional distribution channel and a yen-settled ecosystem. Ondo has focused on US assets and English-speaking markets. Japanese equities require local regulatory relationships, institutional distribution, and local currency settlement – precisely what SBI provides.
The partnership does not specify which Japanese equities will be tokenized first, or what the regulatory structure will be for non-Japanese investors accessing them. Those details matter considerably. But the structure suggests both parties are serious about institutional implementation, not just research partnerships or proofs-of-concept. The partnership is described as bringing assets "onchain" for distribution through "the SBI Group ecosystem" – language that suggests actual product launches, not extended pilots.
ONDO token jumped 15% on the announcement, reflecting market recognition that Ondo has secured a major institutional partnership. Whether that translates to material revenue and trading volumes depends on execution – which assets SBI chooses to tokenize, how quickly they launch, and whether institutional investors in Japan actually migrate capital to on-chain versions of familiar equities.
MEXC, a pioneer in 0-fee digital asset trading, has listed five Ondo tokenized stock trading pairs on its spot market in collaboration with Ondo Finance. The five companies span a supply chain that runs from semiconductor and precision component manufacturing to industrial cooling and power infrastructure supporting AI data centers, allowing users to trade these U.S. stocks using USDT on MEXC around the clock, with instant settlement and no traditional brokerage account required.
The trading pairs include tokenized shares of STMicroelectronics N.V. (STMON/USDT), Fabrinet (FNON/USDT), Trane Technologies (TTON/USDT), Amphenol (APHON/USDT) and Quanta Services (PWRON/USDT). All five pairs went live for spot trading at 13:30 on July 16, 2026 (UTC), with withdrawals set to open at 13:30 on July 17, 2026 (UTC).
Ondo Finance brings traditional financial assets on-chain through compliant infrastructure, giving users access to U.S. stocks and ETFs in a blockchain-native format. Each tokenized asset is backed by the corresponding underlying security held through regulated custodial brokers, allowing users to purchase fractional amounts and giving holders the same economic exposure as the underlying stock, with dividends automatically reflected in token value. The listing further broadens the range of traditional assets available for MEXC users to trade.
To meet different user needs, MEXC offers multiple pathways for U.S. equity exposure: users can trade Ondo’s tokenized stocks on the platform, or directly purchase real shares of U.S.-listed companies through RealStocks, which now covers more than 7,000 U.S. stocks and ETFs, holding the corresponding stock assets, participating in price movements, and enjoying the full benefits of stock ownership.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
Ondo Finance just locked arms with one of Japan’s most powerful financial conglomerates. The tokenization protocol announced a strategic partnership with SBI Group to bring Japanese equities onchain, with settlements handled through SBI’s yen-denominated JPYSC stablecoin.
The market noticed. ONDO tokens jumped roughly 15-17% within 24 hours of the announcement, pushing the price to around $0.39 and the circulating market cap to approximately $1.89B.
What the deal actually looks like Here’s the structure: tokenized Japanese assets will be issued through Ondo Global Markets (BVI) Limited, then distributed via SBI’s sprawling financial ecosystem. SBI Group manages more than $250B in assets, making it one of the largest financial holding companies in Asia.
The JPYSC stablecoin, SBI’s yen-backed token issued under Japan’s stablecoin regulatory framework, will serve as both the settlement currency and onchain collateral.
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SBI Chairman Yoshitaka Kitao called Ondo a “key strategic partner,” while Ondo CEO Ian De Bode described Japan as a “sophisticated market.” The partnership is better understood as a path to market rather than a finished product rolling off the assembly line.
Why Japan, why now SBI has been at the center of Japan’s regulatory evolution. The conglomerate has invested heavily in blockchain infrastructure for years, including its JPYSC stablecoin issuance program that operates within Japan’s existing stablecoin regulations.
For Ondo, the protocol has positioned itself as the largest tokenizer of stocks globally, with existing partnerships that include BlackRock. Adding Japanese equities to its catalog through SBI’s distribution channels opens access to one of the world’s deepest capital markets. Japan’s equity market is the third largest globally by market capitalization, trailing only the US and China.
The cross-border angle matters too. Tokenized Japanese assets distributed through Ondo’s infrastructure could be accessible to global investors who previously faced friction entering Japanese markets, with trades settled in JPYSC.
What this means for investors The bull case is straightforward. SBI’s distribution network reaches millions of retail and institutional investors across Japan. If even a fraction of those investors begin accessing tokenized assets through Ondo’s rails, the protocol’s transaction volume could increase meaningfully.
Ondo isn’t the only player trying to tokenize real-world assets, but having both BlackRock and SBI as partners creates a moat that most competitors cannot replicate.
The risk side of the ledger has its own entries. Japan’s regulatory environment, while progressive, is also strict. There’s also execution risk inherent in bridging two very different financial cultures. JPYSC is central to this deal’s settlement infrastructure. If SBI’s stablecoin faces regulatory headwinds, liquidity constraints, or adoption challenges, the entire tokenization pipeline could slow down.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
A sharp slump in crypto-related semiconductors has forced long-position holders to exit en masse; six major whales stopped out of their long positions today, incurring a total loss of $16.8 million.
According to Hyperinsight’s monitoring, semiconductor-related contracts on Hyperliquid have fallen collectively today: Since 00:00 UTC today, SKHY is down 8.1%, SNDK down 7.1%, SKHX down 6.4%, and MU down 3.8%. The sell-off is forcing long positions entered at previous highs to be liquidated one by one. Among previously tracked addresses, six whales today placed stop-loss orders exceeding $1 million each on the four main assets, closing out a total of $16.852 million in long positions, with realized losses totaling $1.072 million. Stop-losses are highly concentrated in SKHY: five of the six whales’ million-dollar stop-losses are all on this asset; the remaining whale spread their exit across three assets, with stop-losses of roughly $386,000 on SKHY, $332,000 on SNDK, and $304,000 on MU, totaling around $1.022 million. SK Hynix’s ADR is the asset with the steepest decline in this round and also the most crowded exit for leveraged long positions. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
2 minutes ago
In U.S. pre-market trading, declines in semiconductor, optical communication and storage stocks narrowed, with SK Hynix ADR rising over 3% and Micron and SanDisk turning positive.
According to BIT (bit.com) market data, during U.S. pre-market trading, semiconductor, optical communication and storage stocks have rebounded from their lows, with declines narrowing significantly for multiple assets. SK Hynix (SKHY) rose 3.61%, SanDisk (SNDK) turned from a decline to a gain of 0.70%, and Micron Technology (MU) turned from red to up 0.07%. For semiconductor stocks: ASML’s decline narrowed to 0.98%, Broadcom (AVGO) fell 1.85%, Marvell Technology (MRVL) fell 1.96%, NVIDIA (NVDA) fell 2.49%, and KLA (KLAC) fell 2.94%. The storage sector was the first to turn positive: SK Hynix ADR (SKHY) gained 3.61%, SanDisk (SNDK) rose 0.70%, Micron Technology (MU) rose 0.07%; Seagate Technology (STX) saw its decline narrow to 1.69%, while Western Digital (WDC) fell 1.84%. Optical communication concept stocks generally posted narrowed declines: Lumentum (LITE) down 1.61%, Nokia (NOK) down 1.73%, Corning (GLW) down 2.18%, Applied Optoelectronics (AAOI) down 2.63%, and Astera Labs (ALAB) down 3.01%.
2 minutes ago
Goldman Sachs raised Robinhood's price target to $137 and maintained its "Buy" rating.
Goldman Sachs raised Robinhood's target price from $121 to $137 and maintained its "Buy" rating.
2 minutes ago
PC brands are scrambling to secure memory supplies from Changxin Storage, with orders reportedly booked through the end of 2027.
Changxin Memory’s IPO has entered its final stage. PC supply chain sources said that with the easing of tensions between China and the U.S., and Apple reportedly having tested Changxin Memory’s memory chips and lobbied the U.S. government to allow their use, PC brands have accelerated orders, with related orders reportedly booked through the end of 2027. Sources noted that while memory price growth may narrow in the second half of 2026, prices will still continue to rise. Brands are passing part of the costs to consumers; rising end prices have started to weigh on sales, but have not yet reached a tipping point. Currently, all manufacturers are actively competing for memory supplies, with Changxin Memory being one key source. All major PC manufacturers have completed testing of Changxin Memory’s products, but securing supply still depends on quotas. Large clients including Dell, HP, Lenovo, and Apple are expected to get priority in supply, while smaller manufacturers may not make the supply list. Supply chain sources also said that the U.S. previously considered adding Changxin Memory to its Entity List, but no such action has been announced. Apple is reportedly planning to use products with Chinese memory chips exclusively for the Chinese market, which some PC brands view as a signal that restrictions may ease, prompting them to increase orders for Changxin Memory and Yangtze Memory.
2 minutes ago
The semiconductor sector has been hit by sell-offs, with Kimi K3 sparking concerns over AI valuations and chip spending.
The semiconductor sector is under pressure, and investors are reassessing AI-related trades. Moonshot AI claims its Kimi K3 model can compete with models from OpenAI and Anthropic, sparking renewed market concerns over AI firms' valuations and the outlook for chip spending. Despite the sell-off in chip stocks, the overall market breadth remains healthy; the recent moves are more likely a reflection of capital rotating out of the semiconductor sector rather than a broad market pullback.
2 minutes ago
Amid the closure of South Korean stock markets, SK Hynix’s ADR premium narrowed by 4 percentage points, and a crypto whale’s convergence portfolio swung to a profit of $340,000.
According to Hyperinsight monitoring, after the South Korean stock market closed, SK Hynix (SKHY) ADR (US-listed) on Hyperliquid continued to decline, currently trading at $148.5, with a 24-hour drop of around 10.5%; during the same period, South Korean-listed SK Hynix (SKHX) traded at 1,134 won, down about 8.9%. Calculated based on the ratio of 0.1 underlying Korean shares per SKHY ADS, the current ADR premium is around 30.8%, narrowing by roughly 4 percentage points from yesterday. The steeper decline of SKHY compared to SKHX has further narrowed the spread between the two. The previously tracked whale wallet 0x257 still maintains a convergence trade of "long SKHX, short SKHY", with total bilateral positions of around $7.893 million and a net floating profit of approximately $343,000: SKHX: 2,903 long positions with 10x isolated leverage, position value of about $3.288 million, average entry price of $1,196, floating loss of around $186,000, return rate of roughly -53.4%; SKHY: 31,014 short positions with 10x isolated leverage, position value of about $4.605 million, average entry price of $165.5, floating profit of around $529,000, return rate of approximately 103.0%. The funding fee structure remains bilateral. The hourly funding rate for SKHX is around -0.00303%, while for SKHY it is approximately 0.00185%; under the current portfolio, both the SKHX long position and SKHY short position are funding fee recipients, meaning the whale is expected to collect a total net of around $185 per hour.
A sharp slump in crypto-related semiconductors has forced long-position holders to exit en masse; six major whales stopped out of their long positions today, incurring a total loss of $16.8 million.
According to Hyperinsight’s monitoring, semiconductor-related contracts on Hyperliquid have fallen collectively today: Since 00:00 UTC today, SKHY is down 8.1%, SNDK down 7.1%, SKHX down 6.4%, and MU down 3.8%. The sell-off is forcing long positions entered at previous highs to be liquidated one by one. Among previously tracked addresses, six whales today placed stop-loss orders exceeding $1 million each on the four main assets, closing out a total of $16.852 million in long positions, with realized losses totaling $1.072 million. Stop-losses are highly concentrated in SKHY: five of the six whales’ million-dollar stop-losses are all on this asset; the remaining whale spread their exit across three assets, with stop-losses of roughly $386,000 on SKHY, $332,000 on SNDK, and $304,000 on MU, totaling around $1.022 million. SK Hynix’s ADR is the asset with the steepest decline in this round and also the most crowded exit for leveraged long positions. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
2 minutes ago
In U.S. pre-market trading, declines in semiconductor, optical communication and storage stocks narrowed, with SK Hynix ADR rising over 3% and Micron and SanDisk turning positive.
According to BIT (bit.com) market data, during U.S. pre-market trading, semiconductor, optical communication and storage stocks have rebounded from their lows, with declines narrowing significantly for multiple assets. SK Hynix (SKHY) rose 3.61%, SanDisk (SNDK) turned from a decline to a gain of 0.70%, and Micron Technology (MU) turned from red to up 0.07%. For semiconductor stocks: ASML’s decline narrowed to 0.98%, Broadcom (AVGO) fell 1.85%, Marvell Technology (MRVL) fell 1.96%, NVIDIA (NVDA) fell 2.49%, and KLA (KLAC) fell 2.94%. The storage sector was the first to turn positive: SK Hynix ADR (SKHY) gained 3.61%, SanDisk (SNDK) rose 0.70%, Micron Technology (MU) rose 0.07%; Seagate Technology (STX) saw its decline narrow to 1.69%, while Western Digital (WDC) fell 1.84%. Optical communication concept stocks generally posted narrowed declines: Lumentum (LITE) down 1.61%, Nokia (NOK) down 1.73%, Corning (GLW) down 2.18%, Applied Optoelectronics (AAOI) down 2.63%, and Astera Labs (ALAB) down 3.01%.
2 minutes ago
Goldman Sachs raised Robinhood's price target to $137 and maintained its "Buy" rating.
Goldman Sachs raised Robinhood's target price from $121 to $137 and maintained its "Buy" rating.
2 minutes ago
PC brands are scrambling to secure memory supplies from Changxin Storage, with orders reportedly booked through the end of 2027.
Changxin Memory’s IPO has entered its final stage. PC supply chain sources said that with the easing of tensions between China and the U.S., and Apple reportedly having tested Changxin Memory’s memory chips and lobbied the U.S. government to allow their use, PC brands have accelerated orders, with related orders reportedly booked through the end of 2027. Sources noted that while memory price growth may narrow in the second half of 2026, prices will still continue to rise. Brands are passing part of the costs to consumers; rising end prices have started to weigh on sales, but have not yet reached a tipping point. Currently, all manufacturers are actively competing for memory supplies, with Changxin Memory being one key source. All major PC manufacturers have completed testing of Changxin Memory’s products, but securing supply still depends on quotas. Large clients including Dell, HP, Lenovo, and Apple are expected to get priority in supply, while smaller manufacturers may not make the supply list. Supply chain sources also said that the U.S. previously considered adding Changxin Memory to its Entity List, but no such action has been announced. Apple is reportedly planning to use products with Chinese memory chips exclusively for the Chinese market, which some PC brands view as a signal that restrictions may ease, prompting them to increase orders for Changxin Memory and Yangtze Memory.
2 minutes ago
The semiconductor sector has been hit by sell-offs, with Kimi K3 sparking concerns over AI valuations and chip spending.
The semiconductor sector is under pressure, and investors are reassessing AI-related trades. Moonshot AI claims its Kimi K3 model can compete with models from OpenAI and Anthropic, sparking renewed market concerns over AI firms' valuations and the outlook for chip spending. Despite the sell-off in chip stocks, the overall market breadth remains healthy; the recent moves are more likely a reflection of capital rotating out of the semiconductor sector rather than a broad market pullback.
2 minutes ago
Amid the closure of South Korean stock markets, SK Hynix’s ADR premium narrowed by 4 percentage points, and a crypto whale’s convergence portfolio swung to a profit of $340,000.
According to Hyperinsight monitoring, after the South Korean stock market closed, SK Hynix (SKHY) ADR (US-listed) on Hyperliquid continued to decline, currently trading at $148.5, with a 24-hour drop of around 10.5%; during the same period, South Korean-listed SK Hynix (SKHX) traded at 1,134 won, down about 8.9%. Calculated based on the ratio of 0.1 underlying Korean shares per SKHY ADS, the current ADR premium is around 30.8%, narrowing by roughly 4 percentage points from yesterday. The steeper decline of SKHY compared to SKHX has further narrowed the spread between the two. The previously tracked whale wallet 0x257 still maintains a convergence trade of "long SKHX, short SKHY", with total bilateral positions of around $7.893 million and a net floating profit of approximately $343,000: SKHX: 2,903 long positions with 10x isolated leverage, position value of about $3.288 million, average entry price of $1,196, floating loss of around $186,000, return rate of roughly -53.4%; SKHY: 31,014 short positions with 10x isolated leverage, position value of about $4.605 million, average entry price of $165.5, floating profit of around $529,000, return rate of approximately 103.0%. The funding fee structure remains bilateral. The hourly funding rate for SKHX is around -0.00303%, while for SKHY it is approximately 0.00185%; under the current portfolio, both the SKHX long position and SKHY short position are funding fee recipients, meaning the whale is expected to collect a total net of around $185 per hour.
A sharp slump in crypto-related semiconductors has forced long-position holders to exit en masse; six major whales stopped out of their long positions today, incurring a total loss of $16.8 million.
According to Hyperinsight’s monitoring, semiconductor-related contracts on Hyperliquid have fallen collectively today: Since 00:00 UTC today, SKHY is down 8.1%, SNDK down 7.1%, SKHX down 6.4%, and MU down 3.8%. The sell-off is forcing long positions entered at previous highs to be liquidated one by one. Among previously tracked addresses, six whales today placed stop-loss orders exceeding $1 million each on the four main assets, closing out a total of $16.852 million in long positions, with realized losses totaling $1.072 million. Stop-losses are highly concentrated in SKHY: five of the six whales’ million-dollar stop-losses are all on this asset; the remaining whale spread their exit across three assets, with stop-losses of roughly $386,000 on SKHY, $332,000 on SNDK, and $304,000 on MU, totaling around $1.022 million. SK Hynix’s ADR is the asset with the steepest decline in this round and also the most crowded exit for leveraged long positions. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
2 minutes ago
In U.S. pre-market trading, declines in semiconductor, optical communication and storage stocks narrowed, with SK Hynix ADR rising over 3% and Micron and SanDisk turning positive.
According to BIT (bit.com) market data, during U.S. pre-market trading, semiconductor, optical communication and storage stocks have rebounded from their lows, with declines narrowing significantly for multiple assets. SK Hynix (SKHY) rose 3.61%, SanDisk (SNDK) turned from a decline to a gain of 0.70%, and Micron Technology (MU) turned from red to up 0.07%. For semiconductor stocks: ASML’s decline narrowed to 0.98%, Broadcom (AVGO) fell 1.85%, Marvell Technology (MRVL) fell 1.96%, NVIDIA (NVDA) fell 2.49%, and KLA (KLAC) fell 2.94%. The storage sector was the first to turn positive: SK Hynix ADR (SKHY) gained 3.61%, SanDisk (SNDK) rose 0.70%, Micron Technology (MU) rose 0.07%; Seagate Technology (STX) saw its decline narrow to 1.69%, while Western Digital (WDC) fell 1.84%. Optical communication concept stocks generally posted narrowed declines: Lumentum (LITE) down 1.61%, Nokia (NOK) down 1.73%, Corning (GLW) down 2.18%, Applied Optoelectronics (AAOI) down 2.63%, and Astera Labs (ALAB) down 3.01%.
2 minutes ago
Goldman Sachs raised Robinhood's price target to $137 and maintained its "Buy" rating.
Goldman Sachs raised Robinhood's target price from $121 to $137 and maintained its "Buy" rating.
2 minutes ago
PC brands are scrambling to secure memory supplies from Changxin Storage, with orders reportedly booked through the end of 2027.
Changxin Memory’s IPO has entered its final stage. PC supply chain sources said that with the easing of tensions between China and the U.S., and Apple reportedly having tested Changxin Memory’s memory chips and lobbied the U.S. government to allow their use, PC brands have accelerated orders, with related orders reportedly booked through the end of 2027. Sources noted that while memory price growth may narrow in the second half of 2026, prices will still continue to rise. Brands are passing part of the costs to consumers; rising end prices have started to weigh on sales, but have not yet reached a tipping point. Currently, all manufacturers are actively competing for memory supplies, with Changxin Memory being one key source. All major PC manufacturers have completed testing of Changxin Memory’s products, but securing supply still depends on quotas. Large clients including Dell, HP, Lenovo, and Apple are expected to get priority in supply, while smaller manufacturers may not make the supply list. Supply chain sources also said that the U.S. previously considered adding Changxin Memory to its Entity List, but no such action has been announced. Apple is reportedly planning to use products with Chinese memory chips exclusively for the Chinese market, which some PC brands view as a signal that restrictions may ease, prompting them to increase orders for Changxin Memory and Yangtze Memory.
2 minutes ago
The semiconductor sector has been hit by sell-offs, with Kimi K3 sparking concerns over AI valuations and chip spending.
The semiconductor sector is under pressure, and investors are reassessing AI-related trades. Moonshot AI claims its Kimi K3 model can compete with models from OpenAI and Anthropic, sparking renewed market concerns over AI firms' valuations and the outlook for chip spending. Despite the sell-off in chip stocks, the overall market breadth remains healthy; the recent moves are more likely a reflection of capital rotating out of the semiconductor sector rather than a broad market pullback.
2 minutes ago
Amid the closure of South Korean stock markets, SK Hynix’s ADR premium narrowed by 4 percentage points, and a crypto whale’s convergence portfolio swung to a profit of $340,000.
According to Hyperinsight monitoring, after the South Korean stock market closed, SK Hynix (SKHY) ADR (US-listed) on Hyperliquid continued to decline, currently trading at $148.5, with a 24-hour drop of around 10.5%; during the same period, South Korean-listed SK Hynix (SKHX) traded at 1,134 won, down about 8.9%. Calculated based on the ratio of 0.1 underlying Korean shares per SKHY ADS, the current ADR premium is around 30.8%, narrowing by roughly 4 percentage points from yesterday. The steeper decline of SKHY compared to SKHX has further narrowed the spread between the two. The previously tracked whale wallet 0x257 still maintains a convergence trade of "long SKHX, short SKHY", with total bilateral positions of around $7.893 million and a net floating profit of approximately $343,000: SKHX: 2,903 long positions with 10x isolated leverage, position value of about $3.288 million, average entry price of $1,196, floating loss of around $186,000, return rate of roughly -53.4%; SKHY: 31,014 short positions with 10x isolated leverage, position value of about $4.605 million, average entry price of $165.5, floating profit of around $529,000, return rate of approximately 103.0%. The funding fee structure remains bilateral. The hourly funding rate for SKHX is around -0.00303%, while for SKHY it is approximately 0.00185%; under the current portfolio, both the SKHX long position and SKHY short position are funding fee recipients, meaning the whale is expected to collect a total net of around $185 per hour.
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.
Bitcoin (BTC) edges below $64,000 on Friday, extending losses for the third consecutive day after the 50-day Exponential Moving Average (EMA) capped recovery around $65,000. Hyperliquid (HYPE) and Celestia (TIA) stand out as the worst performers over the last 24 hours, with nearly 10% losses.
Bitcoin extends decline below its 50-day EMABitcoin edges below $64,000 on Friday, maintaining a bearish near-term tone as it remains below the 50-day EMA at $65,041 and the 200-day EMA at $75,025. Momentum is mixed, with the Moving Average Convergence Divergence (MACD) indicator still in positive territory and the Relative Strength Index (RSI) dipping to the neutral 50 level, suggesting consolidation rather than a decisive recovery.
Bitcoin must clear the 50-day EMA at $65,041 for a steady recovery, which could target the $70,000 psychological threshold.
BTC/USDT daily price chart.On the downside, the key structural floor is the horizontal support at $60,000, where a sustained break would likely reopen a broader corrective phase in the daily picture.
Hyperliquid and Celestia take a bearish reversalHyperliquid hovers around $60 at press time on Friday, maintaining a bearish near-term bias after breaking below its 50-day EMA at $63.09, with a 9% drop the previous day. Still, the longer-term 200-day EMA at $49.85 underpins the broader structure.
The MACD descends into negative territory with a bearish profile, and the RSI near 41 suggests subdued momentum, reinforcing the downside pressure.
The path of least resistance for HYPE targets the previous swing low from June 10 at $52.67, followed by the 200-day EMA at $49.85.
HYPE/USD daily price chart.On the topside, initial resistance is at the 50-day EMA at $63.09, with a stronger barrier at the former upward-sloping trendline break near $70.29.
Celestia maintains a bearish near-term bias, testing its 50-day EMA at $0.3838 on Friday, which is well below the 200-day EMA at $0.5053. This positioning suggests the broader trend remains pressured, after price failed to surpass the 50% retracement level at $0.4104, measured over the downswing from $0.6257 to $0.2693.
The RSI around 47 hints at neutral-to-slightly soft momentum, while the MACD has slipped marginally below zero, reinforcing a loss of upside conviction following recent rebounds.
Looking down, the 23.6% retracement at $0.3285 is the first notable support, ahead of the structural cycle low at $0.2693, where buyers are expected to defend the broader range.
TIA/USDT daily price chart.On the topside, initial resistance is seen at the 50% retracement at $0.4104, before the 200-day EMA at $0.5053, which caps the long-term recovery potential.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
T. Rowe Price has launched a new cryptocurrency exchange-traded fund (ETF) named TKNZ, with initial assets of approximately $15 million. The fund, which began on NYSE Arca, is the first actively managed multi-token spot crypto ETF in the industry. A significant portion of the initial capital, $14.85 million, was contributed by T. Rowe Price’s affiliate, while only $150,000 came from the fund’s sponsor, leaving outside investor demand under scrutiny. The fund’s portfolio is notably overweight in Hyperliquid (HYPE) at 6.45%, a much higher allocation than typical indices like the Bitwise 10. However, additional purchases of Hyperliquid’s token will only occur if the ETF’s shares exceed 600,000 and maintain the current weight.
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The launch of the TKNZ ETF is seen as a move reflecting institutional interest in cryptocurrency investments, albeit with a cautious approach concerning Hyperliquid. The ETF’s allocation strategy links future inflows directly to the asset’s inclusion threshold, suggesting conditional support for Hyperliquid based on market performance. Current market pricing for Hyperliquid reaching $100 by the end of 2026 remains at 30%, unchanged from the previous day, indicating stable but moderate confidence in significant price movement.
Key Takeaways T. Rowe Price’s new crypto ETF TKNZ appears to reflect institutional interest with a $15 million launch, though outside demand is yet to be proven. Hyperliquid’s 6.45% weight in the ETF suggests conditional support from the market, contingent upon exceeding a 600,000-share threshold. Market expectations for Hyperliquid reaching $100 by December 31, 2026, remain at 30%, indicating moderate confidence. What to Watch Markets will be closely observed for whether TKNZ can attract additional outside investment, which would indicate broader market confidence. Watch for any changes in the ETF’s share volume exceeding the 600,000 threshold, as this could trigger more significant allocations towards Hyperliquid. Additionally, developments in Hyperliquid’s market performance, such as partnerships or technology advancements, could influence market sentiment and pricing outcomes.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 30% — — View market → January 1 2027 6.2% — — View market → January 1 2027 4% — — View market → January 1 2027 68% — — View market → January 1 2027 9.1% — — View market → January 1 2027 4.5% — — View market →
Hyperliquid’s native token HYPE is consolidating within a tight trading range, with investors closely monitoring for signals that could indicate a shift toward renewed bullish momentum. The network’s recent strategic developments, including a collaboration with sector participants such as Hyperion and Skew Technologies, aim to bolster institutional adoption and improve decentralized trading infrastructure.
Current market performance and technical outlookAt press time, HYPE trades at $62.31, reflecting a daily volume of $436.3 million and a market capitalization of $15.76 billion. In the last 24 hours, HYPE lost 7.16% in value, yet the token’s broader technical structure and network activity continue to draw interest from traders anticipating a reversal.
Data from MCO Global suggests that HYPE remains locked in a sideways pattern, as market participants await a decisive breakout. According to recent analysis, wave 4 of the current technical cycle is still ongoing, with HYPE’s price trending below its recent swing highs.
Potential for additional short-term weakness remains, as analysts expect the possibility of one or two further local lows before a correction phase concludes. The $73 price mark is viewed as an initial resistance level; a confirmed breakout above this threshold would be interpreted as an early sign of renewed bullish activity. Confidence in the trend reversal would increase should HYPE surpass $76, signaling the likely start of wave 5.
Resistance LevelImplication$73Initial breakout signal for bullish momentum$76Key confirmation of wave 5 and trend reversal Current technical analysis indicates that HYPE’s breakout above $73 could mark the onset of renewed bullish strength, while a sustained move above $76 may confirm a longer-term trend reversal.
Strategic ecosystem developmentsHyperion, a key ecosystem stakeholder, announced a significant partnership with Skew Technologies. Under this collaboration, Hyperion will allocate 500,000 HYPE tokens to support the implementation of HIP-3 perpetual futures products and to strengthen the Hyperliquid institutional listing platform.
The objective is to build out on-chain trading infrastructure, facilitating broader market access for both institutions and Hyperion ecosystem members.
Mini dictionary: Hyperion is a blockchain infrastructure company supporting DeFi protocols, while Skew Technologies specializes in analytics and derivatives platforms for digital assets.
As part of the agreement, Hyperion also secures an ownership stake in Skew Technologies and a share of revenue from their listing services, further aligning interests between the two firms.
Market sentiment and next stepsHYPE’s ecosystem activity reflects its growing utility, as more services and markets become available. Nevertheless, the token’s price continues to trend downward, impacted by dampened market sentiment amid relatively stagnant movement in leading cryptocurrencies like Bitcoin.
The outlook for HYPE’s next move hinges on whether it can break through established resistance levels. If HYPE remains below $76, the current period of consolidation is expected to persist. Hyperion’s ecosystem initiatives, however, could provide support and lay the groundwork for greater institutional involvement.
Investors are watching HYPE’s price action closely, with resistance at $76 seen as the pivotal level that could signal a transition from consolidation to a new bullish phase.
For now, analysts are balancing cautious optimism with the realities of ongoing market uncertainty. Any sustained move above key resistance could mark a turning point for HYPE, but traders continue to approach the token with prudent risk management.
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.
In the past 24 hours, the crypto market experienced a significant liquidation event, with $386 million in long positions forcibly closed. Major exchanges such as Binance, Bybit, and OKX were involved in these liquidations, marking a sharp downward price correction across the board. This event underscores the heightened volatility in crypto markets, where leveraged positions are at risk during price downturns, leading to automatic sell-offs. The considerable liquidation of long positions highlights a deleveraging phase consistent with recent patterns where long positions face substantial losses during market downturns.
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Key Takeaways The liquidation of $386 million in long positions suggests a significant deleveraging event in the crypto market. Market pricing appears consistent with decreased confidence in reaching Hyperliquid’s year-end price targets. Recent data indicates a potential shift in sentiment, with market odds reflecting uncertainty in achieving previous price levels. What to Watch Watch for the ongoing impact of this liquidation event on broader crypto prices and sentiment. Observers will be keen to see if Hyperliquid can recover momentum toward its price targets, amid current odds suggesting decreased confidence. Key developments, such as market reactions to further volatility or regulatory news, could influence future market pricing and sentiment shifts.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 30% — — View market → January 1 2027 6.2% — — View market → January 1 2027 4% — — View market → January 1 2027 66% — — View market → January 1 2027 9.1% — — View market → January 1 2027 4.5% — — View market →
Whale Insider reported that 102,332 crypto market participants were liquidated over the past 24 hours. This massive liquidation aligns with recent market volatility, where the total value of liquidated positions has ranged from $942 million to over $1 billion. The majority of these liquidations have been long positions, indicating sharp declines in key cryptocurrencies such as Bitcoin and Ethereum. The event suggests a major leverage reset within the crypto derivatives market, reflecting fragile risk sentiment and unwinding of crowded long positions.
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Key Takeaways The liquidation event appears to highlight significant volatility in the crypto market, with a large number of participants affected. Market behavior suggests potential negative sentiment towards reaching price targets for assets like Hyperliquid. Current market pricing implies a decreased likelihood of Hyperliquid reaching $100 by year-end, consistent with recent developments supportive of NO outcomes. What to Watch Markets will be closely observed for whether this wave of liquidations leads to further downward pressure on crypto prices. The reaction in the Hyperliquid market, where pricing currently shows a 30% probability of reaching $100 by the end of 2026, could see further shifts based on ongoing volatility. Key indicators such as Bitcoin and Ethereum price movements, as well as any major announcements or regulatory changes impacting the crypto landscape, will be crucial in assessing future market direction.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 30% — — View market → January 1 2027 6.2% — — View market → January 1 2027 4% — — View market → January 1 2027 66% — — View market → January 1 2027 9.2% — — View market → January 1 2027 4.5% — — View market →
Hyperliquid’s native token HYPE falls 12% over the past 24 hours amid massive profit-taking. On-chain data revealed that a wallet linked to venture capital giant a16z has started selling a major portion of its holdings.
a16z Wallet Sells 437K Hyperliquid Tokens amid Massive Profit Booking An a16z-linked wallet known for massive accumulation of HYPE has started selling its holdings, Lookonchain reported on July 17. The wallet has deposited almost 437,000 HYPE tokens, valued at around $28.38 million.
Over the past 2 days, the wallet has dumped its HYPE holdings into Hyperliquid, OKX, Bybit, and Gate crypto exchanges. The selling coincided with massive profit-taking suffered by Hyperliquid.
Spot On Chain revealed another suspected a16z wallet moved $30.57 million to crypto exchanges. The two wallets have dumped $59 million in HYPE over the last 24 hours.
Coinglass data showed $19 million in HYPE long positions liquidated over the past 24 hours. This comes amid broader selling pressure in the crypto market due to new US strikes on Iran and crypto options expiry today.
The crypto market saw nearly $400 million in liquidations over the past 24 hours. Over 100K traders are liquidated, with the largest single liquidation order of ETHUSDT worth $6.24 million on Binance.
To avoid sudden margin wipes during volatile market events, it is essential to use risk-management tools on the best crypto leverage trading platforms available today.
HYPE Price Crashes 12% HYPE price fell almost 12% in the past 24 hours, with the price currently trading at $59.46. The 24-hour low and high are $58.51 and $66.07, respectively. Furthermore, the trading volume has increased by 40% over the last 24 hours, as traders join Hyperliquid profit booking .
Meanwhile, Robinhood Chain overtook Hyperliquid in 24-hour decentralized exchange (DEX) volume, with more than $606 million. Robinhood Chain has recorded massive demand amid RWA, DeFi, and CASHCAT buzz. In the last 7 days, the new chain recorded $5.29 billion in DEX volume, while Hyperliquid saw $1.48 billion in volume.
Ched Trading noted profit-booking in Hyperliquid after it fell below the EMA-8 on the weekly chart. The price could fall further towards $55 if it fails to hold.
Hyperliquid (HYPE) Price in Weekly Timeframe. Source: Cheds Trading Derivatives markets record massive selling, as per CoinGlass data. The total HYPE futures open interest fell more than 8% to $2.55 billion in the last 24 hours. HYPE futures OI on Binance tumbled 13% and 12% on Bybit, signaling bearish sentiment among derivatives traders.
According to Hyperinsight monitoring, after the South Korean stock market closed, SK Hynix (SKHY) ADR (US-listed) on Hyperliquid continued to decline, currently trading at $148.5, with a 24-hour drop of around 10.5%; during the same period, South Korean-listed SK Hynix (SKHX) traded at 1,134 won, down about 8.9%. Calculated based on the ratio of 0.1 underlying Korean shares per SKHY ADS, the current ADR premium is around 30.8%, narrowing by roughly 4 percentage points from yesterday. The steeper decline of SKHY compared to SKHX has further narrowed the spread between the two. The previously tracked whale wallet 0x257 still maintains a convergence trade of "long SKHX, short SKHY", with total bilateral positions of around $7.893 million and a net floating profit of approximately $343,000: SKHX: 2,903 long positions with 10x isolated leverage, position value of about $3.288 million, average entry price of $1,196, floating loss of around $186,000, return rate of roughly -53.4%; SKHY: 31,014 short positions with 10x isolated leverage, position value of about $4.605 million, average entry price of $165.5, floating profit of around $529,000, return rate of approximately 103.0%. The funding fee structure remains bilateral. The hourly funding rate for SKHX is around -0.00303%, while for SKHY it is approximately 0.00185%; under the current portfolio, both the SKHX long position and SKHY short position are funding fee recipients, meaning the whale is expected to collect a total net of around $185 per hour.
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A sharp slump in crypto-related semiconductors has forced long-position holders to exit en masse; six major whales stopped out of their long positions today, incurring a total loss of $16.8 million.
According to Hyperinsight’s monitoring, semiconductor-related contracts on Hyperliquid have fallen collectively today: Since 00:00 UTC today, SKHY is down 8.1%, SNDK down 7.1%, SKHX down 6.4%, and MU down 3.8%. The sell-off is forcing long positions entered at previous highs to be liquidated one by one. Among previously tracked addresses, six whales today placed stop-loss orders exceeding $1 million each on the four main assets, closing out a total of $16.852 million in long positions, with realized losses totaling $1.072 million. Stop-losses are highly concentrated in SKHY: five of the six whales’ million-dollar stop-losses are all on this asset; the remaining whale spread their exit across three assets, with stop-losses of roughly $386,000 on SKHY, $332,000 on SNDK, and $304,000 on MU, totaling around $1.022 million. SK Hynix’s ADR is the asset with the steepest decline in this round and also the most crowded exit for leveraged long positions. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
2 minutes ago
In U.S. pre-market trading, declines in semiconductor, optical communication and storage stocks narrowed, with SK Hynix ADR rising over 3% and Micron and SanDisk turning positive.
According to BIT (bit.com) market data, during U.S. pre-market trading, semiconductor, optical communication and storage stocks have rebounded from their lows, with declines narrowing significantly for multiple assets. SK Hynix (SKHY) rose 3.61%, SanDisk (SNDK) turned from a decline to a gain of 0.70%, and Micron Technology (MU) turned from red to up 0.07%. For semiconductor stocks: ASML’s decline narrowed to 0.98%, Broadcom (AVGO) fell 1.85%, Marvell Technology (MRVL) fell 1.96%, NVIDIA (NVDA) fell 2.49%, and KLA (KLAC) fell 2.94%. The storage sector was the first to turn positive: SK Hynix ADR (SKHY) gained 3.61%, SanDisk (SNDK) rose 0.70%, Micron Technology (MU) rose 0.07%; Seagate Technology (STX) saw its decline narrow to 1.69%, while Western Digital (WDC) fell 1.84%. Optical communication concept stocks generally posted narrowed declines: Lumentum (LITE) down 1.61%, Nokia (NOK) down 1.73%, Corning (GLW) down 2.18%, Applied Optoelectronics (AAOI) down 2.63%, and Astera Labs (ALAB) down 3.01%.
2 minutes ago
Goldman Sachs raised Robinhood's price target to $137 and maintained its "Buy" rating.
Goldman Sachs raised Robinhood's target price from $121 to $137 and maintained its "Buy" rating.
2 minutes ago
PC brands are scrambling to secure memory supplies from Changxin Storage, with orders reportedly booked through the end of 2027.
Changxin Memory’s IPO has entered its final stage. PC supply chain sources said that with the easing of tensions between China and the U.S., and Apple reportedly having tested Changxin Memory’s memory chips and lobbied the U.S. government to allow their use, PC brands have accelerated orders, with related orders reportedly booked through the end of 2027. Sources noted that while memory price growth may narrow in the second half of 2026, prices will still continue to rise. Brands are passing part of the costs to consumers; rising end prices have started to weigh on sales, but have not yet reached a tipping point. Currently, all manufacturers are actively competing for memory supplies, with Changxin Memory being one key source. All major PC manufacturers have completed testing of Changxin Memory’s products, but securing supply still depends on quotas. Large clients including Dell, HP, Lenovo, and Apple are expected to get priority in supply, while smaller manufacturers may not make the supply list. Supply chain sources also said that the U.S. previously considered adding Changxin Memory to its Entity List, but no such action has been announced. Apple is reportedly planning to use products with Chinese memory chips exclusively for the Chinese market, which some PC brands view as a signal that restrictions may ease, prompting them to increase orders for Changxin Memory and Yangtze Memory.
2 minutes ago
The semiconductor sector has been hit by sell-offs, with Kimi K3 sparking concerns over AI valuations and chip spending.
The semiconductor sector is under pressure, and investors are reassessing AI-related trades. Moonshot AI claims its Kimi K3 model can compete with models from OpenAI and Anthropic, sparking renewed market concerns over AI firms' valuations and the outlook for chip spending. Despite the sell-off in chip stocks, the overall market breadth remains healthy; the recent moves are more likely a reflection of capital rotating out of the semiconductor sector rather than a broad market pullback.
2 minutes ago
SK Group Chairman responds to SK Hynix's stock price plunge: Avoid frequent trading and hold for the long term.
SK Group Chairman and Korea Chamber of Commerce and Industry Chairman Choi Tae-won responded to the sharp plunge in SK Hynix’s stock price, saying that while he cannot predict SK Hynix’s share price movement next month, investors should avoid frequent trading, as long-term holding may be more conducive to preserving assets. Choi believes that as the AI industry develops, demand for memory will continue to expand. He noted that AI is currently like a "4-year-old child," and as it matures into a full-fledged industry, it will inevitably require more memory, with related demand potentially growing exponentially. He also pointed out that SK Hynix’s stock had risen rapidly earlier, leading to a sharp pullback when market expectations shifted, adding that prices that surge too quickly sometimes need adjustments to align with reality. When discussing South Korea’s AI industry strategy, Choi stated that South Korea cannot compete with China on cost nor surpass the U.S. in model quality, so it should build infrastructure, develop applications suited to domestic needs, and explore niche markets, with a long-term shift from exporting memory chips to exporting computing power and "intelligence."
Bitcoin slipped nearly 2% in the past 24 hours to trade at the $63,000 mark on Friday as geopolitical tensions weighed on crypto markets. The cryptocurrency was trading at the $62,907 mark.
Ethereum fell 3.98% in the past 24 hours to trade at the $1,828 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano corrected up to 11.31%.
Vikram Subburaj, CEO of Giottus, said softer U.S. price data reduced expectations of an immediate Federal Reserve rate increase. However, renewed U.S.-Iran hostilities, higher oil prices, and weaker risk appetite limited demand for cryptocurrencies.
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US spot Bitcoin ETF demand remains volatile. Funds recorded a $424.7 million outflow on July 13, followed by inflows of $181.1 million on July 14 and $107.7 million on July 15. July 16 showed a preliminary $45.7 million inflow, Subburaj further said.
The global crypto market capitalisation edged down 1.67% to $2.18 trillion, according to CoinMarketCap. After witnessing billions in outflows in May and June, Bitcoin ETF flows dump green with nearly $289M inflows. On the other hand, whales continue to accumulate ETH, said CoinDCX Research Team.
In the past week, Bitcoin was down 1.62% and Ethereum was up 3.15%. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano fell upto 13.83%.
Riya Sehgal, Research Analyst, Delta Exchange said Bitcoin’s rejection from $65,200–$65,500 and decline towards $63,500 signals weakening momentum; below $63,000, the next support lies around $62,300–$61,800. Ethereum has corrected from the $1,910–$1,940 supply zone but remains structurally constructive above $1,790–$1,835.
Market perspective
Nischal Shetty, founder, WazirX: The crypto market remained resilient despite heightened regulatory uncertainty in the U.S. Bitcoin traded near $63,352, while Ethereum held around $1,844, reflecting cautious sentiment after a strong weekly recovery.
Akshat Siddhant, Lead quant analyst, Mudex: Bitcoin pulled back to the $63,500 levels from its three-week high, as a broader sell-off in technology stocks weighed on risk assets, including cryptocurrencies. Despite the decline, on-chain data from Glassnode suggests selling pressure may be easing, with realized losses among long-term holders having peaked and now beginning to decline, a sign that the worst phase of capitulation could be over.
Also Read | Planning retirement & child's education through mutual funds? Expert explains SWP, taxation, portfolio rebalancing
CoinSwitch Markets Desk: BTC remained range-bound between $64K and $65K as on-chain indicators pointed to a gradual reduction in selling from investors who bought near the market peak. Geopolitical uncertainty continues to restrain risk appetite.
Avinash Shekhar, Co-Founder & CEO, Pi42: Bitcoin is currently trading around $63,600, continuing to hold above an important support zone despite short term fluctuations. Renewed ETF inflows and improving institutional participation indicate that long term conviction remains intact, while the market is increasingly responding to structural demand rather than speculative momentum.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Two days ago this site retired its concern about HYPE when the token bounced over $67. The market took one look at that and reopened the case. HYPE trades at $59.93 now, down 9% in a day, below the round number, 22% off the all-time high it set just a month ago. So: why is Hyperliquid falling? The data gives three answers, and one of them is a date.
HYPE trades at $59.93 as of July 17, 2026, down 9.0% over 24 hours, per CoinGecko. It sits in both the trending and most-viewed lists, which is what happens when a top-10 token breaks a round number. The all-time high: $76.67, set June 16, 2026. One month later the token has surrendered 22% of that.
Answer one: the leverage is leaving HYPE is the token of a derivatives exchange, and its own derivatives tell the story. Futures open interest in HYPE has contracted toward $2.7 billion, long positions have been liquidated in waves through the week, and funding rates collapsed as traders flipped to paying premiums for shorts. That is a positioning cleanout in plain sight: leveraged bulls who bought the June high are being carried out, and each liquidation is forced selling that begets the next. Nothing about that process requires bad news. It only requires a crowded trade, and a token that rallied to an all-time high in mid-June was exactly that.
Answer two: high beta cuts both ways The macro tape has been a blender: a war scare, an inflation surprise, a relief rally, and oil creeping back up on ceasefire doubts. Through all of it, HYPE has moved like what it is, one of the highest-beta large caps on the board. When the market fell last week, HYPE fell hardest in the top 10. When the market bounced on the cool CPI, HYPE bounced hardest. Now the bounce is fading and HYPE is, again, leading the way down. Traders reducing risk sell their most volatile holdings first. HYPE is on top of that list by construction.
Answer three: August 6 Here is the date. On August 6, roughly 9.92 million HYPE unlock for core contributors, about 1% of total supply, worth around $618 million at current prices per CoinGecko unlock data. Unlike this week’s Arbitrum unlock, which went to a DAO vault, this one goes to insiders, the category of unlock with sellers historically attached. Our token unlock guide explains the difference in full. Three weeks out, that number is already doing what big unlocks do before they arrive: giving every nervous holder a reason to sell first and ask questions later.
The One Number That Matters Nine. That is how many consecutive weeks HYPE-focused ETFs have recorded inflows, including roughly $10 million last week, with the token also appearing in a T. Rowe Price crypto ETF’s holdings.
Sit with the contradiction, because it is the entire HYPE story right now. The platform just posted record open interest above $11 billion. Institutions are buying the token through ETFs every single week. And the price is down 22% in a month anyway, because retail leverage leaving is a bigger flow than institutional drip arriving. Both facts are true. The question that decides the next month is simply which flow exhausts first: the sellers being liquidated, or the buyers on autopilot.
Key Levels The broken round number, $60, is now the immediate test from below; reclaiming it quickly would mark today as a flush, not a trend. Below, the next area the market has flagged sits near $56, and beneath that the round $50 enters the conversation nobody wants. This week’s low printed at $59.79; watch whether it holds on a closing basis.
Bottom Line Why is Hyperliquid falling? Because leverage is unwinding on a token that rallied too fast, because high-beta assets lead every selloff by design, and because a $618 million insider unlock is 20 days away and casting a shadow. Against all that stands a business at record volume and nine straight weeks of institutional buying. The honest read: this is a fight between fast money leaving and slow money arriving, at exactly the round number where such fights get settled. $60 reclaimed, the bulls keep the story. $56 lost, the unlock shadow wins early.time high? $76.67, set on June 16, 2026. At $59.93 the token trades about 22% below that peak, one month later.
This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research.
Frequently Asked Questions Why is HYPE going down today? HYPE fell 9% to $59.93 on July 17, 2026, driven by unwinding leverage: futures open interest contracted toward $2.7 billion with heavy long liquidations, while broad risk reduction hit high-beta tokens hardest.
What is the HYPE unlock in August? About 9.92 million HYPE, roughly 1% of supply worth around $618 million, unlocks on August 6 for core contributors, per CoinGecko unlock data. Insider-bound unlocks historically carry more sell pressure than treasury unlocks.
Is Hyperliquid the platform doing badly? No. The exchange recently posted record open interest above $11 billion. The token's decline reflects trader positioning and upcoming supply, not visible platform weakness.
Are institutions buying HYPE? HYPE-focused ETFs have logged nine consecutive weeks of inflows, including about $10 million last week, and the token appears in a T. Rowe Price crypto ETF's holdings.
What are the key HYPE price levels? $60 is the broken round number to reclaim. Support sits near $56, then the round $50. This week's low at $59.79 is the immediate line on a closing basis.
What is HYPE's all-time high? $76.67, set on June 16, 2026. At $59.93 the token trades about 22% below that peak, one month later.
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Vana Vibes is Vana's exclusive signature event series connecting AI and data to real people solving real problems. Ep. 01 filled Sydney last month. Ep. 02 filled Brisbane in a day and ran last night. Ep. 03 lands in August, and it could be coming to you.
Vana Vibes is an evening for a handpicked group from the Vana network. Each edition, the Vana and Open Data Labs teams take a small room of interesting people to the frontier of practical AI: the tools, techniques and workflows that are actually working right now, taught hands-on, pointed at a social problem that matters. Then the series moves to the next city.
Why people want in The access is the draw. You spend the evening working directly with the teams building the network, including exclusive one-on-one time with the Vana founders, in a room small enough to ask anything. What you get is the intel that never makes it into a webinar: which tools the people building this stuff actually use, how they prompt, what they have stopped using and why.
You leave with more than notes. Every guest takes home the field kit: the prompt techniques, tool lists and resource guides from the night, written down and ready to use at work on Monday.
And you leave with people. Editions deliberately mix industries and skill levels, and the tables rotate all night, so you work with most of the room before it ends.
"I have been to plenty of events where you sit and listen for two hours. Here I spent the night actually making things with a lawyer and a marketer I had never met. I left with new skills and three new contacts I have already messaged."
— Sophia Harris, Accountant
Inside Ep. 02 Brisbane happened last night at Newstead Studios, an exclusive venue in the city's inner north. The room was nurses, lawyers, accountants, marketers and publishers, from daily AI users to people who had never opened a chatbot. The problem was the city's housing crisis, and the night ran as four escalating challenges: drafting, research, creative production, and finally app building, where teams described an idea to an AI tool until a first rough version appeared. Several got far enough to demo, all before dessert.
"I walked in convinced AI was for technical people. By the last challenge our table had a rough app on the screen and I had built half of it. Nobody was more surprised than me."
— Christal Mylvaganam, Registered Nurse
Between challenges, conversation kept circling back to Vana itself. Vana is open data infrastructure for human-grounded AI: the context these tools run on belongs to the people it came from, who decide what it serves.
Where does Ep. 03 land Two exclusives down, and the series is picking up steam. Vana Vibes Ep. 03 arrives in August. We know the format, we know the problem, and we know the city. Your city, maybe.
Brisbane filled in a day, claimed by the people watching the right channel at the right hour. Everyone else is reading about it now.
If you want in, be following before the announcement, because that is where the seats go first: vana.org/participate, the Vana Discord, and Instagram at @vanahq.
Vana Vibes Brisbane was hosted by Vana in collaboration with Open Data Labs.
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.
Cryptocurrency exchange Binance has announced it will support the planned network upgrade and hard fork process on the Cardano (ADA) network. According to the exchange’s statement, deposit and withdrawal operations on the Cardano network will be temporarily suspended to ensure user transactions are conducted securely.
According to Binance, deposits and withdrawals for the Cardano (ADA) network will cease on July 18, 2026, at 11:44 PM. The network upgrade and hard fork are scheduled to take place approximately one hour later, at 12:44 AM. The exchange stated that it will handle all necessary infrastructure work on behalf of users to ensure the smooth completion of the technical process.
The company emphasized that only deposit and withdrawal transactions on the Cardano network will be affected during the network upgrade. ADA trading on Binance Spot, Margin, and other markets will continue uninterrupted. Therefore, users will be able to continue conducting Cardano transactions within the exchange throughout the upgrade process.
Binance also announced that deposit and withdrawal services will be reactivated once the Cardano network is confirmed to be operating stably following the completion of the network upgrade. It was also stated that no further announcements will be made regarding this process, and services will automatically return to normal.
Experts state that these maintenance and upgrade processes do not affect user balances, only temporarily suspending on-chain transfers. Once the technical work on the Cardano network is complete, Binance users will be able to resume ADA deposits and withdrawals without needing to take any additional action.
*This is not investment advice.
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