Bitcoin sustained its recent gains following a rally sparked by better-than-expected US inflation data, with traders monitoring whether the cryptocurrency can maintain key support levels in the coming days. Market participants are watching for potential corrective moves, but sentiment remains broadly optimistic as buying interest returns across digital assets.
BTC consolidates after inflation-driven surgeAs of the latest trading session, Bitcoin is priced at $64,612, marking a 3% increase over the past 24 hours. The daily trading volume reached $48.49 billion, and Bitcoin’s overall market capitalization stood at $1.30 trillion. These figures reflect stronger inflows and growing confidence among investors following the most recent US Consumer Price Index (CPI) release.
Crypto analyst Lennaert Snyder commented on July 15, 2026, that Bitcoin has shown resilience in response to the latest CPI report, successfully surpassing its recent weekly high. Snyder identified the prior weekly low at $61,300 as a significant support level, crucial for the ongoing bullish momentum.
Snyder disclosed that he briefly opened a short position as Bitcoin approached exhaustion during the rally, but clarified that this was a tactical, counter-trend trade. He indicated that his target levels are also areas where he intends to re-enter long positions if technical conditions are favorable.
Lennaert Snyder pointed to two main price scenarios: Bitcoin could temporarily dip to sweep liquidity near $64,300 while maintaining the uptrend if it stays above $63,600. Alternatively, a stronger correction toward $63,300 might trigger new buying, as hidden buy orders could be filled in that region. Snyder continues to target $65,600 as the next upside level.
Mini dictionary: CPI (Consumer Price Index), a key economic indicator measuring changes in the price of a basket of consumer goods and services, often used to gauge inflation trends in the economy.
Technical indicators favor bullish momentumTechnical signals continue to support the bullish case for Bitcoin after the inflation-driven rally. Bitcoin is currently trading above the mid-point of the Bollinger Band, which sits at $62,254. The upper Bollinger Band is positioned at $66,026, indicating there may be further potential for the price to rise before encountering the next notable resistance zone.
Meanwhile, the Relative Strength Index (RSI) stands at 55.38, comfortably above the signal line at 50.63. An RSI reading above 50 indicates prevailing buying pressure and signals that upward momentum could continue if buyers remain active. However, with values remaining below overbought conditions, there is still room for the rally to extend further.
IndicatorCurrent ValueKey LevelsBTC Price$64,612Resistance $65,600 / Support $63,300 & $61,300Bollinger BandsMid: $62,254 / Upper: $66,026Room for upward movementRSI55.38Above signal (50.63), bullishMacro factors influence outlookThe recent price surge in Bitcoin has been driven largely by lower US inflation data. Analysts suggest that softer inflation numbers could increase the likelihood of more accommodating monetary policy from the Federal Reserve, which generally supports risk assets like cryptocurrencies and tech stocks.
Throughout the past two years, key economic announcements such as the CPI have been major catalysts for significant market moves in Bitcoin. Current market conditions highlight how macroeconomic and crypto-specific news continues to play a decisive role in short-term price swings.
With Bitcoin entering the second half of July, traders are monitoring how the price reacts to resistance near $65,600. The sustainability of this level may determine the trajectory for the rest of the month, while market attention remains on key US economic data and potential signals from the central bank.
Bitcoin’s overall outlook remains positive as strong support levels persist, but temporary corrections are still possible following sharp rallies. Investors are expected to watch global economic trends and central bank guidance closely to assess the future direction of Bitcoin and other cryptocurrencies.
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.
Inflows into spot Bitcoin ETFs are staging a comeback as they once again draw investor interest, with fresh capital flowing into these crypto ETFs. BlackRock CEO Larry Fink said Bitcoin price is stable right now and he is “very bullish” on the crypto market over the next 12 months.
BlackRock CEO Turns Bullish on Bitcoin and the Broader Crypto Market Larry Fink, CEO of $15 trillion asset manager BlackRock, told CNBC that he’s no longer concerned about excessive leverage in Bitcoin and the crypto market. He claims this is the reason for the greater stability in Bitcoin price at current levels.
Larry Fink added that he’s “very bullish” on the crypto markets over the next 12 months. The comments come amid increasing sentiment in the crypto market after the US CPI inflation cools to 3.5%.
He said investing in data centers, chips, and compute will be the next revolution in finance. Notably, Larry Fink highlighted the growing need for tokenization, which could further boost long-term potential in crypto and blockchain technology.
This shift towards digital representation of physical holdings is spearheaded by the industry’s best RWA issuers, who are actively bridging traditional treasuries and capital markets with blockchain technology.
BlackRock CEO Larry Fink’s bullish stance on Bitcoin price and the broader crypto market grabbed massive interest from the crypto community. The Crypto Market Fear & Greed Index improved slightly today.
Spot Bitcoin ETF Inflows Staging a Comeback After months of choppy flows and overall outflows, US-listed spot Bitcoin ETFs are once again drawing investor attention. Fresh capital is returning, with BlackRock Bitcoin ETF (IBIT) leading the inflows.
Bitcoin ETFs recorded $107.7 million in inflows on Wednesday, with BlackRock Bitcoin ETF recording $80.8 million in inflows. This comes after the cooling US PPI data and bullish stance by BlackRock CEO Larry Fink.
Fidelity’s FBTC also saw $16.9 million in inflows and $10 million in the Grayscale Bitcoin Mini Trust ETF. No outflows were recorded in other Ninspotot Bitcoin ETFs.
Inflows into Spot Bitcoin ETFs. Source: Farside Investors The comeback in spot Bitcoin ETF inflows is in focus amid renewed interest from institutional and retail investors.
Meanwhile, Bitcoin price is trading near the $65,000 levels after a rebound. The intraday low and high are $64,361 and $65,507, respectively. Trading volume has remained stable at around $28 billion over the past few days.
Adoption is easiest to measure when it shows up on the balance sheet. In June, Abra shifted from WBTC to $tBTC, as the main BTC collateral for its Bitcoin-backed lending platform, one of the clearest signals yet that institutional preference is consolidating around tokenized Bitcoin that can be verified onchain. The data told the same story from a different angle: tBTC's DeFi TVL-to-FDV multiple reached 7.4 in Q1 2026, up 228% year over year, while Verifiable Bitcoin Accounts (VBA) continue to meet institutional standards.
Here's the full recap of the month.
HighlightsAbra completed its shift from WBTC to tBTC, making verifiable collateral the foundation of its Bitcoin-backed lending platform.tBTC's DeFi TVL-to-FDV multiple climbed from 6.5 to 7.4 in Q1 2026, up 13% quarter over quarter and 228% over the past year.Lightning to tBTC is now one click on DZap, with Boltz live on the aggregator to bridge BTC from the Lightning Network directly to tBTC on Arbitrum.Full details to each highlight on the sections below.Ecosystem GrowthVerifiable Bitcoin Accounts bring the Bitcoin-level integration path into focus
Verifiable Bitcoin Accounts (VBA) Integration Path | Threshold NetworkVerifiable Bitcoin Accounts rollout continues with a look at its Bitcoin-level integration path, detailing how the design connects to the infrastructure institutions already operate: Bitcoin stays with the institution's existing Qualified Custodian, so adoption requires no change in custody arrangements and integrates seamlessly into the institution's existing compliance structure.
The enforcement layer is what separates the design from conventional arrangements:
Recovery paths are enforced by Bitcoin Script and Bitcoin consensus rather than by counterparty promises. A time-locked withdrawal executes when a specified time period has elapsed.Bitcoin UTXO remains the system of record throughout. Threshold also posted a rundown of Verifiable Bitcoin Accounts FAQs, walking institutions through the basics of how VBAs resolve common tensions in onchain Bitcoin deployment. For institutional teams, the integration path turns an architectural argument into a checklist they can hand to their custody and compliance functions.
Abra moves its Bitcoin-backed lending to tBTC
Threshold x Abra Integration | Threshold NetworkThe month's defining integration came from Abra, which completed its migration from WBTC to tBTC as the preferred collateral base for its Bitcoin-backed lending platform. Abra's borrowers pledge Bitcoin they intend to keep, which makes the quality of the collateral asset the product itself.
The platform serves high-net-worth individuals and institutions across wealth and treasury management, giving clients an edge in trading and collateralized borrowing while segregated account infrastructure keeps them in full control of their assets. The choice of collateral says as much as the integration itself. Platforms carrying fiduciary duties to their clients are re-examining how wrapped Bitcoin is designed, and Abra's move fits squarely within that shift.
tBTC deepens its position across lending markets
tBTC's DeFi TVL to FDV Data | Threshold NetworkThe on-chain data showed the same trend as Abra's decision. tBTC's DeFi TVL to FDV multiple climbed from 6.5 to 7.4 in Q1 2026, up 13% from the prior quarter and 228% over the past year. The multiple is a cleaner read than raw TVL because it strips out price noise and isolates utility. Flows into DeFi have grown in the double digits in $BTC terms every quarter since Q3 2025, a streak that predates the current drawdown and has continued through it.
The distribution of that growth tells the institutional story. Per Alea Research's latest BTCFi snapshot, Aave V3 alone holds $138M in tBTC, representing 29% of tBTC's DeFi TVL and the single largest driver of BTC-denominated growth, with supplied collateral up 24% quarter over quarter. Curve and YieldBasis join it at the top, and together the leading venues account for roughly 57% of all tBTC deployed in DeFi. Depth concentrated in proven protocols is what allocators screen for, and it's where tBTC's liquidity sits.
tBTC TVL in Active Lending Markets | Threshold NetworkMulti-chain swap simplifies the path into tBTC
Multi-chain Swap on the Threshold Bitcoin Router | Threshold NetworkThe multi-chain swap stands as one of the foundational entry points to tBTC and the Bitcoin Economy. Holders of other tokenized BTC can convert to tBTC with a single swap, either through the Threshold App or on external venues such as Uniswap, Curve, and Portal Bridge.
The Threshold Bitcoin Router ties the experience together by unifying positions across all supported networks in a single view. A portfolio spread across chains reads as a single balance, removing the accounting friction that multi-chain deployment usually entails. For users already holding tokenized Bitcoin elsewhere, the distance between where they are and where they want to be is now one transaction.
Boltz goes live on DZap, connecting Lightning to tBTC in one click
The path from Bitcoin's payments layer to its DeFi layer got shorter in June. Boltz, the non-custodial swap protocol supporting Bitcoin, Lightning, and tBTC, is now live on DZap, letting users bridge BTC from the Lightning Network directly to tBTC on Arbitrum in a single click. Boltz natively supports atomic swaps between Lightning and tBTC on Arbitrum, meaning both legs of the trade either complete together or fail entirely, with no party able to default after receiving assets.
For Lightning users, that turns tBTC into the shortest trust-minimized distance between holding sats and deploying Bitcoin in DeFi. For Threshold, every aggregator surface that routes through tBTC widens the funnel into the Bitcoin Economy, confirming a pattern worth noting: the tBTC-on-Arbitrum architecture Boltz built is being adopted by other builders, with DZap's integration extending that reach to its aggregation audience.
Community and EventsJohn Packel joins Bitcoin for Corporations in NYC
John Packel attends Bitcoin for Corporations NYC | Threshold NetworkThreshold Labs Head of Operations John Packel took part in Bitcoin for Corporations, an invitation-only forum held in New York City. The room brought together corporate treasury and capital markets professionals working through a shared question from different angles: how to put Bitcoin to work without compromising on custody or compliance.
Threshold Forum opens discussion on a Protocol as Arbitrageur modelGovernance attention in June turned to the economics of peg maintenance, with a new proposal on the Threshold Forum recommending that the RebateStaking contract be replaced by a Protocol as an Arbitrageur model. The existing contract underpins the fee waiver framework, which reduces redemption friction for $T Stakers are improving arbitrage efficiency and supporting a tighter BTC-to-tBTC spread. The design has performed as intended, yet it depends on external participants to execute the arbitrage that maintains price alignment, with the value from closing the spread accruing to those participants while the protocol absorbs the cost through foregone fee revenue.
The proposed model would consolidate that function within the protocol itself, conducting the peg-maintaining arbitrage directly rather than subsidizing third parties through rebates, and retaining the associated value in the process. The proposal is under open discussion on the Threshold Forum, where review by tokenholders and contributors determines which proposals advance to a formal vote. Participation ahead of any vote is open to all.
Looking AheadJune's throughline was institutional conviction backed by verifiable data, and the months ahead extend each of these threads: Q2 closes with fresh on-chain data to test whether the growth streak holds through a fifth quarter. The Protocol as Arbitrageur discussion advances through the forum, an example of the network reviewing its own economics in the open. Institutional conversations of the kind John Packel joined in New York continue to seed the evaluation pipelines that produce integrations like Abra's, and the Verifiable Bitcoin Accounts series keeps meeting diligence teams at each stage of that process.
The direction has been consistent for six years, and it remains so now: Bitcoin's utility expands onchain, and Threshold builds the infrastructure that lets institutions verify it rather than take it on trust.
A new academic study has found signs of settlement manipulation in short-duration Bitcoin prediction markets on Polymarket, raising fresh questions about market design, retail protection and the reliability of crypto-linked event contracts.
The paper, titled “Settlement Manipulation in Prediction Markets,” was written by David Dai, Ruizhe Jia and Shihao Yu, with affiliations reported by Cointelegraph as Stanford University and Singapore Management University. The researchers studied Polymarket’s five-minute Bitcoin prediction markets, which allow users to bet on whether Bitcoin’s price will be above or below a reference level at settlement. Polymarket describes itself as the world’s largest prediction market.
The study argues that contracts tied to financial asset prices are uniquely vulnerable because traders can participate in both the prediction market and the underlying spot market. In theory, a trader with enough exposure to a short-term prediction contract can profit by moving Bitcoin’s spot price around the settlement window, even if the price move quickly reverses afterward.
The researchers found that after Polymarket launched five-minute Bitcoin contracts, spot-market order flow spiked near settlement times and was followed by large price reversals. That pattern is consistent with temporary price pressure rather than ordinary information-driven trading. The study also concluded that sophisticated manipulators captured significant profits, mostly at the expense of retail traders.
Short-Duration Contracts Create a Manipulation Window The key problem is timing. In a five-minute binary contract, the payout depends on a single near-term price observation. That creates a concentrated window in which small changes in the underlying asset can determine whether one side of the contract pays out.
If a trader has a large enough position in the prediction market, it may become profitable to trade Bitcoin itself to influence the settlement price. The trader may lose money on the spot-market trade, but gain more from the prediction-market payout. Once the contract settles, the artificial spot-market pressure can disappear, causing the price to reverse.
This is different from ordinary market prediction. A healthy prediction market is supposed to aggregate information and produce a useful probability. A manipulable settlement market can instead reward traders who can temporarily push the underlying price across a threshold.
The paper’s most important finding is that manipulation was largely absent in Polymarket’s fifteen-minute Bitcoin contracts. That suggests the problem is not prediction markets in general, but very short-duration contracts that settle on asset prices participants can influence. By lengthening the contract horizon, the researchers argue, platforms can reduce the profitability of manipulation and improve market quality.
Regulatory Questions for Crypto Prediction Markets The findings arrive as prediction markets are moving further into mainstream finance. Platforms such as Polymarket and Kalshi have attracted billions of dollars in trading volume across politics, sports, economics, crypto and cultural events. Supporters argue they provide real-time probabilities and crowd-sourced information. Critics warn that thin liquidity, whale activity and asymmetric sophistication can distort prices.
Bitcoin contracts are especially sensitive because the underlying asset trades continuously across global venues and can be moved over short windows, particularly when liquidity is fragmented. A trader does not need to control the entire Bitcoin market to influence a narrowly defined settlement point.
For regulators, the study raises a familiar derivatives-market concern: contracts can create incentives to manipulate the reference price. Traditional futures and options markets have rules around settlement methodology, position limits, surveillance and anti-manipulation enforcement. Prediction markets tied to financial assets may face pressure to adopt similar safeguards.
For retail traders, the lesson is practical. Very short-term prediction markets may look simple, but they can be structurally complex. A five-minute Bitcoin bet is not just a view on price direction. It may also expose users to settlement games played by better-capitalized traders operating across multiple venues.
The study does not prove that every short-duration Bitcoin contract is manipulated. But it does show that market design can create incentives for manipulation and that onchain prediction markets are not immune from classic financial-market abuses. As prediction markets expand, the integrity of settlement mechanisms may become as important as the accuracy of the predictions themselves.
Currently, the market is showing all the signs of an altcoin cycle.
From the technical standpoint, while Bitcoin [BTC] dominance has trended higher for three straight weeks, recently breaking above the 59% level, Ethereum [ETH] dominance is now taking the lead, pushing the ETH/BTC ratio up more than 10% over the same window. This suggests that capital is rotating across the market rather than remaining solely “Bitcoin-led.”
Ripple is no exception. As AMBCrypto flagged, FOMO around XRP and ETH has climbed to a five-week high, while Bitcoin sentiment remains neutral. More importantly, XRP is leading ETH in bullish sentiment, recording 3.02 bullish comments for every 1 bearish comment compared with ETH’s 2.31-to-1 ratio.
Source: TradingView (XRP/BTC) In essence, FOMO around XRP is building faster than the broader market.
The timing is important. As the chart above shows, the XRP/BTC ratio has recently broken below the key 0.00002 support level, a level that sparked a strong breakout during the Q3 2025 cycle. Since then, the ratio has printed more than four straight lower lows, showing that XRP has continued to underperform Bitcoin.
Now, with sentiment turning bullish again, the question is whether this growing momentum can help XRP reclaim strength against Bitcoin, especially with FOMO building. But the bigger question is whether that FOMO is actually showing up on-chain because, as a Layer 1 network, Ripple’s [XRP] strength ultimately depends on real network activity and capital flows, not just market sentiment.
XRP/BTC consolidates as on-chain momentum builds A 10-week consolidation usually sets the stage for a strong move in either direction.
With FOMO continuing to build, the bias is starting to lean bullish. The XRP/BTC ratio has now spent nearly 10 weeks consolidating around the 0.000015 level, a sign that longer-term accumulation may be taking place rather than short-term capital rotation. If that structure holds, a breakout above resistance could mark the start of a fresh leg higher for Ripple against BTC.
From the on-chain perspective, the setup already reinforces this view. According to DeFiLlama data, XRPL’s DeFi activity is rebounding, with TVL up more than 3% over the last 24 hours. The move has been backed by a 6%+ jump increase in stablecoin supply, pushing nearly $1 billion back into the network.
Source: DeFiLlama To put this into perspective, more than $2 billion in stablecoins have flowed out of the Ethereum network over the same period, highlighting a shift in liquidity toward alternative Layer-1 ecosystems like XRPL.
Against this backdrop, the growing FOMO around Ripple doesn’t look like a fluke. Instead, liquidity is gradually rotating into XRPL, supporting the network’s underlying strength. If this trend continues, the XRP/BTC ratio could be setting up for more than just a short-term rally.
Instead, it could be the early stages of a broader breakout.
Final Summary XRP FOMO is rising, while the XRP/BTC ratio continues to consolidate, increasing the chances of a breakout. Strong XRPL on-chain activity and growing stablecoin flows suggest the rally is being supported by real network growth, not just market hype.
Ethereum is approaching a key technical threshold, with its price edging near the $2,000 level amid renewed institutional interest and increased network activity.
Spot ETFs and Institutional DemandAt the latest reading, Ethereum changed hands at $1,920.11, registering a 1.49% gain over the past 24 hours. The modest uptick is attributed to fresh investments flowing into spot Ethereum exchange-traded funds (ETFs) and consistently stable trading activity.
SoSoValue reported that U.S. spot Ethereum ETFs attracted $58.34 million in daily net inflows, growing total net assets above $10 billion. Persistent inflows from large-scale investors typically reflect improving sentiment and greater market liquidity.
Analysts assess that a single day of strong inflows may not mark the beginning of a sustained trend, but ongoing institutional interest could provide stronger support for further price recovery.
MetricValueETH Price$1,920.1124h Change+1.49%ETF Daily Net Inflows$58.34 millionTotal ETF Net AssetsAbove $10 billionTechnical Analysis and Key LevelsEthereum faces its next technical test just below the $1,930–$2,000 resistance zone, a region where previous attempts to rally have lost steam. Market observers suggest that a confirmed close above this band could reinforce a bullish outlook. In contrast, renewed selling may keep ETH in its longer-term trading range.
Technical signals have improved recently, with the Moving Average Convergence Divergence (MACD) staying in positive territory and its main line holding above the signal line, hinting at growing upward momentum.
Trading volumes have also increased as the price recovered, reflecting firmer buyer participation. Buyers have been actively defending the $1,874 support zone, which remains an important threshold if the trend weakens.
A breakout beyond $2,000, especially if fueled by sustained trading volume, could provide more definitive proof that buyers are commanding the market.
Mini dictionary: MACD (Moving Average Convergence Divergence), a momentum indicator used in technical analysis to identify trend changes and the strength of price movements.
On-chain Activity and Market SentimentAccording to DefiLlama, Ethereum’s Total Value Locked (TVL) remains near recent highs, and active addresses are at elevated levels. Steady on-chain participation suggests users are engaging with the network, even amid recent market fluctuations.
Sustained user activity is often seen as a positive long-term signal, reinforcing fundamentals beyond short-term speculation.
Market analyst Ted Pillows commented on Ethereum’s technical setup, emphasizing that the “real test of $ETH will now start.” Pillows explained that since August 2025, Ethereum has often formed local tops within a few days after its daily Relative Strength Index (RSI) moved above 65. If ETH consolidates instead of reversing sharply, it could point to a potential shift in market behavior, not seen since April 2025.
Since August 2025, Ethereum has consistently peaked shortly after the daily RSI crossed above 65. If ETH price manages to consolidate as the RSI resets, it would mark the first major reversal signal since April 2025.
Outlook and Key TriggersMarket participants are closely checking whether Ethereum will break above the psychologically significant $2,000 threshold or face sellers at resistance once again. A successful push higher may encourage renewed bullish momentum and attract further investment. Conversely, a dip below the $1,874 support could put pressure back on buyers and increase the chance of another pullback.
Ethereum’s price action in the coming days may determine the near-term direction for both technical traders and longer-term investors.
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.
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.
Binance launches three U.S. ETF perpetual contracts, offering up to 25x leverage.
According to official announcements, Binance has launched multiple USDT-margined TradFi perpetual contracts, including MUUUSDT, SOXSUSDT, and TZAUSDT perpetual contracts. MUUUSDT corresponds to Direxion Daily MU Bull 2X ETF (MUU), which tracks the daily 2x return performance of Micron Technology. SOXSUSDT corresponds to Direxion Daily Semiconductor Bear 3X Shares (SOXS), tracking the daily 3x inverse performance of the NYSE Semiconductor Index. TZAUSDT corresponds to Direxion Daily Small Cap Bear 3X Shares (TZA), tracking the daily 3x inverse performance of the Russell 2000 Index.
1 seconds ago
Hyperliquid's TSMC contract rallied then pulled back, dropping over 4% intraday.
According to market data, Hyperliquid-listed contracts tied to Taiwan Semiconductor Manufacturing Co. (TSM) surged intraday before pulling back, with their decline once widening to over 4%. Earlier, TSMC released its Q2 2026 financial report: net profit rose 77% year-on-year to NT$706.6 billion, hitting a record high and beating market expectations; Q2 revenue grew 36% year-on-year to NT$1.27 trillion, while high-performance computing (HPC) segment revenue increased 20% quarter-on-quarter.
1 seconds ago
Ostium trading remains suspended, with user margin still frozen.
Perpetual decentralized exchange (Perp DEX) Ostium stated in a post that platform trading remains suspended following the security incident. User positions are still open but cannot be modified temporarily; trading margin remains in the frozen smart contract and has not been moved. Ostium added that its team is continuing to coordinate with relevant authorities, SEAL 911, and multiple security researchers, and will release updates on the timeline for smart contract activity resumption and fund recovery. According to PeckShield’s monitoring, Ostium’s public OLP vault was hacked for approximately 24 million USDC, with the attacker subsequently converting the funds to around 12,100 ETH, of which about 10,500 ETH has been transferred to Tornado Cash.
1 seconds ago
The China-South Korea Semiconductor ETF on the A-share market saw its afternoon decline widen to 5%.
According to market data, the semiconductor sector in China's A-share market continued to weaken in the afternoon, with the decline of China-South Korea semiconductor-related ETFs expanding to 5%.
1 seconds ago
TSMC expects demand to remain strong in Q3, with its full-year revenue coming in higher than earlier forecasts.
TSMC (TSM.N) announced that it expects its third-quarter revenue this year to range between $44.6 billion and $45.8 billion, compared to its Q3 2025 revenue of $33.1 billion. The chipmaker projects demand will remain strong in the third quarter, and forecasts its U.S. dollar-denominated revenue growth for 2026 will be slightly above 40%, an upward revision from its earlier forecast of over 30%.
1 seconds ago
HTX DAO completes Q2 token burn, with HTX’s cumulative burn exceeding 100 trillion tokens.
According to an official announcement from HTX DAO, the second-quarter 2026 HTX token burn was completed on July 15. On-chain data shows that a total of 7,474,935,439,560 HTX tokens were burned in this round, worth over $13.6 million. To date, the cumulative amount of HTX burned and donated has reached 117.79 trillion tokens. Burn details: https://tronscan.org/transaction/06b58562732cbff13ce6a3b2a0556f6ffefd158b4cc4313968750923c779810d/overview. In the first half of this year, HTX DAO’s two-quarter combined burn exceeded $32.82 million. Against the backdrop of intensified market liquidity competition this year, HTX has still been able to consistently execute quarterly burns worth tens of millions of dollars, showcasing strong operational resilience and anti-cyclical capabilities.
US spot Bitcoin ETFs attracted $107.8 million in net inflows on Wednesday, while their Ethereum counterparts pulled in $53.8 million.
The numbers in context Earlier in July, Bitcoin ETFs pulled in $181.1 million on a single day, July 14. So Wednesday’s figure represents a moderation from that pace, though still firmly positive.
Advertisement
Cumulative net inflows into US spot Bitcoin ETFs have now surpassed $51 billion since their January 2024 launch.
At $53.8 million, Wednesday’s ether ETF inflows represented roughly half the Bitcoin figure. Ether ETFs launched several months after their Bitcoin predecessors.
Recovery from a rocky start to the year Earlier in 2026, both Bitcoin and ether ETFs experienced multi-week outflow streaks. The summer months have brought a clear reversal, with funds flowing back into both product categories.
BlackRock, Fidelity, and Grayscale have continued to attract the lion’s share of flows.
What this means for investors When the SEC approved spot Bitcoin ETFs in January 2024, the optimistic projections called for maybe $10 billion in the first year. The actual numbers have blown past even the most bullish forecasts, with cumulative net inflows now exceeding $51 billion.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Another Ethereum-focused non-profit, ETHSystems, has been formed to advance the network’s privacy push.
The latest organization is backed by the world’s largest ETH treasury firm, Bitmine Immersion Technologies, Sharplink, and Joe Lubin (Ethereum’s co-founder).
Commenting on the debut, Bitmine chairman Tom Lee underscored the need for privacy for institutional adoption. He added,
Institutions want confidential systems using Ethereum as the settlement layer. This launch strengthens ETH is the future of money.
According to the ETHSystems team, they will focus on building private and confidential systems for major Wall Street players leveraging Ethereum as a settlement layer.
Source: X This would mark the third entity backed by Bitmine as the Ethereum Foundation (EF) scales down its stewardship role for the network. For his part, educator and analyst David Hoffman of Bankless viewed the move as another step to allow the EF to scale down.
The unbundling of the EF continues…Privacy is such an important frontier, glad someone is taking ownership over it!
Before ETHSystems, two other non-profit organizations, Ethereum Institutional and ETHLabs, were unveiled with Bitmine as the lead financing partner. The trend has increased following revelations that EF could face a funding crisis and fail to advance major upgrades, including post-quantum transition.
Although the new non-profits are made up of former EF executives and team members, Bitmine has now emerged as the core financing partner across the board. To some extent, this goes against the Ethereum ethos of decentralization.
However, it remains to be seen whether other independent players will emerge as EF further cuts down its role in the ecosystem in the coming years.
Will Ethereum flip Bitcoin amid stablecoin push? Ethereum still commands a significant share of total value locked (TVL) across its DeFi ecosystem, with increasing interest from institutional players. And Tom Lee is betting on stablecoins, tokenization, and an AI agent boom as the key catalysts for the chain.
Interestingly, Nick Tomaino, founder of VC firm 1Confirmation, also echoed Lee’s thesis. In fact, Tomaino projected that ETH would eventually flip BTC, citing growing stablecoin adoption.
Reiterating his Ethereum [ETH] outperformance call made last year, he noted,
BTC dominance then was ~60%, it’s now down to ~56%. Other coins were ~24%, now down to ~21%. Meanwhile, ETH dominance then was ~8%; now it’s up to ~9.6%, and stablecoins (which are mostly on Ethereum) are up from ~7% to 13%.
At the time of writing, the ETHBTC ratio, which tracks relative performance between the two assets, was up 17%. This meant that ETH outperformed BTC in the past three weeks on investor gains.
However, this is a limited period which cannot be used to conclusively signal a long-term flip of BTC by ETH.
Source: ETHBTC, TradingView Final Summary ETHSystems has become the third non-profit to step up as the Ethereum Foundation scales down. A venture firm exec believes that Ethereum’s increasing stablecoin dominance could help it flip BTC in market share.
Ether prices have reached their highest level since early June as analysts eye its next move.
ETH tapped a six-week high of $1,940 in late trading on Wednesday and has held on to those gains into Thursday morning, where it remained above $1,900.
CryptoQuant analyst ‘Darkfost’ said on Thursday that the move was driven by positive inflation reports in the US, with CPI and PPI figures that came in well below expectations. ETH has posted nearly 10% gains over the past two consecutive days, he said.
“Since a low of around $1,500 in June, ETH appears to have entered a genuine shift in momentum, now showing a performance of over 25% for the period.”
Ether Short Squeeze Pumps Prices The analyst added that the recent surge isn’t solely down to the strong macro data. “It also owes a great deal to the wave of short position liquidations that had been building up on Binance throughout the move.”
It was one of the largest “short squeezes” ETH has experienced on the exchange since June, with almost $30 million in futures wiped out in an hour or so. The largest single liquidation order over the past 24 hours happened on Binance with ETH/USDT valued at $11.9 million, according to Coinglass.
❌ $30M in Shorts Liquidated in an Hour as ETH Breaks $1,900.
Driven by excellent CPI figures yesterday, followed today by a Producer Price Index (PPI) print that came in well below expectations (-0.3%), ETH has posted a performance of nearly 10% over these two consecutive days.… pic.twitter.com/HzGbUwc5RM
— Darkfost (@Darkfost_Coc) July 15, 2026
Arden House founder Alaoui Capital posted a heatmap showing that $2,000 is the level ETH “wants to test before anything else.” Meanwhile, analyst ‘Satoshi Flipper’ said that ETH has now broken out from its downtrend against Bitcoin, which is also bullish for altcoins.
“ETH just woke up,” said former BlackRock vice president and MilkRoad host John Gillen.
You may also like: XRP and ETH Traders Turn Bullish as FOMO Surges to 5-Week High: Santiment Here’s Why Robinhood Chain Is Ultra Bullish for ETH Despite Cannibalizing Revenue Expert: Bitcoin Faces $8B Attack Risk, Ethereum More Secure He added that bulls need to keep an eye on the $1,950 level at the 100-day exponential moving average, then $2,000. “Crack that and $2,200 comes into play, and then it could be off to the races,” he said.
“This summer just got interesting. Price may finally be reacting to strengthening fundamentals in Ethereum and in ETH the asset.”
Elsewhere on Crypto Markets Total capitalization has remained flat on the day at $2.3 trillion as ETH is the only mover, up 3.2%
Bitcoin was cooling after its venture above $65,000, and most of the altcoins were flat. There were minor gains for XRP, Zcash, and Stellar, but it is Ethereum stealing the show at the moment.
Hayes Adds to ETH Position as On-Chain Activity Picks UpBitMEX co-founder Arthur Hayes (@CryptoHayes) purchased 1,293 $ETH worth approximately $2.48 million on July 16, according to on-chain tracker Lookonchain. The buy brought his total accumulation on the day to more than 1,900 ETH. The transaction was routed through OTC desks, with Lookonchain noting that Hayes had earlier sent $1.25 million in USDC to Galaxy Digital (@galaxyhq) in exchange for 646 ETH, while a separate $1.25 million USDC transfer was sent to FalconX (@FalconXGlobal), likely for another over-the-counter deal.
The purchase marks a continued return to Ethereum for Hayes. The latest buys follow his sale of 6,000 ETH at a loss of around $606,000 in June. Hayes, the outspoken co-founder of derivatives exchange BitMEX, has been vocally bullish on Ethereum's long-term trajectory, arguing the asset is positioned to benefit from expanding macro liquidity and its central role in facilitating collateral across the decentralized finance landscape.
Three New Wallets Pull 30,000 ETH From Coinbase PrimeThe Hayes purchase coincides with broader whale activity in the Ethereum market. According to Lookonchain, three newly created wallets withdrew 30,000 $ETH worth approximately $57.66 million from Coinbase Prime in the hours preceding the Hayes buy. The new wallets receiving the ETH showed no outgoing transactions, suggesting a holding or accumulation strategy rather than an immediate sale.
Coinbase Prime, the institutional trading platform of Coinbase, is commonly used by large investors, hedge funds, and corporate treasuries for secure custody and trading. Withdrawals from the platform to fresh wallets are generally read by market participants as a bullish signal, as they reduce the supply of tokens readily available on exchanges. Recent data showed Ethereum's exchange supply ratio declining to 0.129, a level last seen in 2016, indicating that more ETH is moving away from centralized exchanges.
The accumulation activity extends beyond Hayes and the three new wallets. Amid extended sideways price movement, a separate whale withdrew 30,010 ETH worth $52.84 million from Coinbase Prime, while Lookonchain reported two additional buyers: one new wallet pulled 8,239 ETH worth $14.5 million from multiple exchanges and another purchased 11,843 ETH worth $20.8 million. Whether sustained demand at this scale can produce a durable price recovery for Ethereum remains to be seen, but the concentration of large-wallet buying in a short window is drawing attention across the market.
Sources:
AMBCrypto: Ethereum Whale Accumulation Data
Yellow.com: Ethereum Whales Pull 87,083 ETH From Exchanges
Bitcoin.com News: Ethereum Whales Load Up
Meanwhile, newly emerged whales have gone on a substantial ETH accumulation spree.
Ethereum (ETH) has stolen the show in the past few days, posting impressive gains and outperforming the market leader and many of the larger-cap alts.
One of the reasons behind this notable rally that drove it to a multi-week peak could be ongoing accumulation by major players, including BitMEX’s co-founder, Arthur Hayes.
Hayes Buys ETH High On-chain data provided by Lookonchain indicated that the popular crypto personality spent roughly $2.5 million to acquire 1,293 ETH. Consequently, he continues to display a somewhat controversial approach to Ethereum given his most recent moves.
CryptoPotato reported back in mid-June that Hayes had accumulated a total of 5,900 ETH for $10.58 million in the span of just a few days. However, he disposed of his entire stash (and some more) just a day later for around $10 million, registering a loss of more than $600,000 in hours.
What’s interesting in this situation is that he seems to be buying high and selling low. His most recent accumulation came at prices of well over $1,900, where ETH has stood for the past day. In contrast, the aforementioned offload took place when the asset dipped below $1,700.
Hayes has also exhibited controversial behavior toward other crypto assets. He received substantial backlash over his overpromotion of tokens like HYPE, ZEC, and WLD, as he disposed of his positions weeks after praising them and long before they reached his massive price targets.
Whales, Abraxas Buy Too With speculation running rampant about ETH’s future following its notable surge past $1,900, the broader Ethereum ecosystem shows that other participants are joining through large acquisitions. Additional data from Lookonchain suggested that three newly created wallets withdrew nearly $58 million in ETH from Coinbase Prime earlier today. The analysts concluded that “whales continue accumulating ETH.”
You may also like: Ethereum Tops $1,900 in a Six-Week High, Where to Next For ETH? XRP and ETH Traders Turn Bullish as FOMO Surges to 5-Week High: Santiment Here’s Why Robinhood Chain Is Ultra Bullish for ETH Despite Cannibalizing Revenue Moreover, wallets linked to Abraxas Capital deposited $40 million worth of bitcoin into the veteran US exchange Kraken earlier this week. Lookonchain noted that they used a large portion of the capital they gathered to rotate into ETH after withdrawing 8,153 tokens from the platform.
Abraxas Capital is selling $BTC and buying $ETH!
Over the past 3 hours, Abraxas Capital withdrew 8,153 $ETH($15.3M) from #Binance and #Bybit, while depositing 618 $BTC($39.99M) into #Kraken.https://t.co/qwAXChjYvp pic.twitter.com/EdWBYF36Lf
Dogecoin [DOGE] had tried to scale the $0.080 resistance zone at the start of July, but was unable to. It appeared that the bulls might be making another attempt to drive prices higher.
Source: Joao Wedson on X Founder and CEO of crypto intelligence platform Alphractal, Joao Wedson, observed in a post on X that whales were going long on Dogecoin while retail continued to hold short positions.
This sentiment shift occurred as DOGE fell just below the $0.07 round number earlier in July. The analyst believed that this change must persist if the memecoin can change its long-term downtrend measurably.
As things stand, a short squeeze is possible, but sustained demand is needed to help drive the memecoin towards recovery.
Source: CoinGlass The 3-month liquidation map revealed that a price move toward $0.08 was more likely than a downward drop, based solely on liquidation concentrations.
The cumulative short liquidation leverage was stronger. This meant that a price move higher would force more liquidations, and these market buy orders in the perpetuals market could help Dogecoin climb even higher.
Yet, it is possible that such gains would quickly reverse and turn out to be just a short squeeze.
Let’s see if the price charts agree with the liquidation map.
Whale longs versus bearish structural trends Source: DOGE/USDT on TradingView The February low at $0.08 was breached in June, making the $0.118 swing high the level that anchors the downtrend in place. Interestingly, the $0.081 level marked the 23.6% retracement level.
It is a short-term resistance zone, and has acted so in recent weeks. If reclaimed as support, a rally up to $0.108 is possible.
There is also a potential bearish scenario where Bitcoin [BTC] is unable to climb meaningfully past $65k. In which case, Dogecoin might make a final sweep of the $0.08 area before falling to new lows.
Final Summary Whales have been going long on Dogecoin even as retail remained short, a sentiment divergence that could have a say in price trends. A lack of strong buying pressure and the potential of a short squeeze to $0.08 meant a Dogecoin recovery remains unlikely.
Dogecoin (DOGE) is holding a narrow trading range, with buyers consistently defending support near $0.072 as sellers remain active at resistance levels. Analysts suggest that this consolidation may soon resolve into a decisive price movement, which could set the tone for the next phase in DOGE’s trajectory.
Dogecoin price consolidates as key support holdsAt press time, DOGE is priced at $0.07467 with a 24-hour trading volume of $686.32 million. Its market capitalization stands at $12.73 billion, reflecting the coin’s position among leading cryptocurrencies by market value.
Despite a period of stability over the past 24 hours, technical indicators reveal a potential shift in momentum. Aman, a cryptocurrency analyst, notes that DOGE is currently trading within a constricted range, maintaining support above $0.072. The meme coin is facing selling pressure against a descending trendline, signaling a key technical standoff.
According to Aman, if buyers can push DOGE above the current downtrend line, the bullish sentiment could strengthen. This scenario would open a path toward the resistance near $0.08. However, a breakdown below $0.072 would likely erode buyer confidence and risk further declines.
DOGE remains in a tight band between $0.072 support and its trendline resistance. A clear break above could shift momentum toward the $0.08 area, while losing support could invite more selling pressure.
Technical analysis points to historic cycle repeatTrader Tardigrade, another prominent analyst, draws parallels between DOGE’s current price action and patterns observed during previous market cycles. He highlights the emergence of a four-phase structure that occurred prior to the coin’s rallies in earlier years.
Historical chart analysis shows that the completion of the 2014-2017 cycle preceded major gains from 2017 through 2021. Some market observers claim that the current phase, covering 2021 to 2026, is mirroring those past dynamics. This leads to speculation that the next cycle, from 2026 to 2030, could trigger significant upside for DOGE.
Trader Tardigrade’s outlook focuses specifically on the current falling wedge formation. Technical traders often view this chart pattern as a signal for a bullish reversal, suggesting DOGE is in the latter stages of consolidation ahead of a potential breakout.
If the setup plays out as previously observed, some analysts believe that DOGE could achieve a long-term price target as ambitious as $70, though such forecasts remain speculative and depend on both market sentiment and broader conditions in cryptocurrencies.
Mini dictionary: Falling wedge formation, a technical analysis pattern characterized by converging trendlines where both support and resistance slope downwards; typically regarded as a bullish indicator if price breaks above the upper trendline.
Support LevelResistance LevelBreakout Target$0.072Descending trendline / $0.08Potential move above $0.08, longer-term speculation up to $70Despite these optimistic outlooks, DOGE’s near-term movement remains closely correlated to Bitcoin, which is currently in a consolidation phase. Any breakout in DOGE’s price action will depend largely on whether buyers can maintain key support levels while overcoming bearish technical resistance.
Traders continue to monitor the situation closely, weighing the possibility of a breakout against the risk of further price declines if key support is lost.
Technical patterns alone do not guarantee future performance. Both analysts and traders caution that historical similarities do not ensure a repeat outcome in the volatile crypto markets.
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.
Leading cryptocurrencies traded sideways on Wednesday, while stocks rallied as investors digested softer inflation data amid heightened tensions with Iran
Bitcoin Steadies, Ethereum GainsBitcoin climbed to an intraday high of $65,507, only to encounter strong resistance soon after. Ethereum, meanwhile, broke $1,900 for the first time since Feb. 3, while XRP and Dogecoin moved sideways.
Over $300 million was liquidated from the cryptocurrency market in the last 24 hours, mostly wiping out bearish short bets, according to Coinglass data
Bitcoin’s open interest rose 0.39% over the last 24 hours. Retail derivative sentiment on Binance remained “Neutral,” with volume of buy orders slightly exceeding sell orders during the period.
"Extreme Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.2 trillion, following a dip of 0.79% over the last 24 hours.
Stocks Climb On Favorable Inflation DataStocks extended the gains on Wednesday. The Dow Jones Industrial Average rose 150.37 points, or 0.29%, to end at 52,658.64. The S&P 500 advanced 0.38% to close at 7,572.40, while the tech-focused Nasdaq Composite spiked 0.62% to settle at 26,269.22.
Meanwhile, geopolitical tensions kept investors on edge as the U.S. launched a second wave of strikes against Iran’s military assets.
‘Attractive Long-term Accumulation Area’Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, said that indicators are flashing bottom signals and backed a dollar-cost averaging strategy during such periods.
The analyst reacted to a chart showing Bitcoin’s relative unrealized profit hitting lows comparable to past accumulation phases in 2020 and 2023.
“The cycles don’t need to repeat themselves on Bitcoin, but the behavior does repeat itself,” Van De Poppe said. “This is the time.”
Ali Martinez, another popular cryptocurrency commentator, says investors need not buy the “exact bottom” for long-term returns.
“Personally, I believe even current prices represent an attractive long-term accumulation area,” Martinez said. “My plan is to accumulate during periods of weakness and look to take profits during the next major cycle, around 2029.”
Photo Courtesy: Zakharchuk on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Cardano (ADA) recently flipped its initial $0.16 resistance level into a support zone on the 4-hour chart, trading at $0.1651 at press time. While this structural swap signals bullish momentum, one analyst notes that the Relative Strength Index (RSI) is lagging behind, which may cause the coin to retest its lower resistance ($0.16).
Cardano (ADA) near-term price predictionAccording to Nick Valdez, ADA’s short-term upside momentum may hit a roadblock as RSI stalls around the mid-40s. Typically, this signals depletion of the buying pressure necessary to drive a vertical price breakout. It could also signal a possible liquidity hunt or a market in need of consolidation when coupled with a price above the support level.
For this reason, Valdez argues that ADA could drift slightly downward to test the strength of its lower trendline and shake out weak hands. Should buyers step in to defend this lower support, the analyst anticipates a price bounce that would validate the support zone as a new baseline.
Even more, if this defensive structure holds, it could clear the path for a rally towards the upper resistance zone of $0.20 established earlier this month.
Source: X
Recent developmentsOn July 15, ADA whale holdings hit a multi-year high, or about 67% of the total circulating supply. While this supports bullish technical patterns, the coin still shows overbought signals and a resultant price stagnation between $0.14 and $0.20 in the past month.
Source: CoinMarketCap
Aside from that, Volvo Group has joined the Cardano Foundation in discussions regarding blockchain utilization in supply chain management.
UPDATE
VOLVO GROUP JOINS THE CARDANO FOUNDATION TO DISCUSS BLOCKCHAIN FOR SUPPLY CHAINS 😱😱😱
The @Cardano_CF spotlighted an interview with @VolvoGroup Trucks Operations on how blockchain can improve supplier trust, compliance, and country-of-origin tracking.
The discussion… pic.twitter.com/XG8AMoWSKH
— Mintern (@MinswapIntern) July 15, 2026 What to watch forFor now, traders should continuously monitor 4-hour candle closes relative to the trendline. They should also watch out for the RSI line hooking up, which would indicate an influx of buyers, rising demand, and a possible uptrend.
Additionally, the November launch of the Leios upgrade could boost throughput, potentially driving demand for and adoption of ADA. The market is also anticipating Cardano ETF approvals towards the end of the year.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
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.
Ether has outperformed the rest of the large-cap crypto market this week, rising about 11 percent over seven days as most other major tokens were flat or negative.Inflows into U.S. spot ether ETFs have accelerated, with $96 million added in the first three days of the week, heavily concentrated in BlackRock’s low-fee products while Grayscale’s higher-fee ether trust continues to see outflows.Ether is also benefiting from new demand from Robinhood Chain, a layer-2 network launched July 1 that uses ether for gas and has been processing more than $800 million a day in mostly memecoin trading, even as bitcoin’s on-chain data suggest its market remains relatively steady despite volatile ETF flows.Ether is the only large-cap crypto asset doing much of anything this week, and the softer U.S. inflation print that lifted the market on Tuesday does not explain it.
Ether traded near $1,920 on Thursday, up 2.2% on the day and roughly 11% over seven sessions, carrying a market value of about $231 billion on roughly $12 billion of daily volume. Bitcoin sat at $64,600, down 0.3% on the day and up 4.2% on the week. Below them the tape turns negative.
Solana fell 1.1% to $77 and is lower over seven days. TRON slipped to $0.32, down 1.6% on the week. Hyperliquid's HYPE lost 1.8% to $66 and is down 1.7%. XRP, BNB and dogecoin each added a little over 2% for the week, roughly a fifth of ether's move.
Two factors have provide tailwinds for ether this week.
U.S. spot ether ETFs took in $96 million over the first three days of this week, according to SoSoValue, already more than the $84 million they gathered across all of last week. The funds bled through late June, shedding $82 million on June 25 alone.
Bitcoin's funds are still lurching, however. U.S. spot bitcoin ETFs shed $424 million on July 13, then took back $181 million the next day. Money leaving and returning inside 48 hours is not indicative of an allocator building a position.
As such, the ether bid is narrower. Of the $53.8 million that came in on Wednesday, BlackRock's ETHA absorbed $45.3 million and its smaller ETHB fund took $4 million, leaving the other eight products to split less than $5 million between them.
Grayscale's original ether trust, which charges 2.5% against BlackRock's 0.25%, has now bled $5.3 billion since launch.
Ether also picked up a demand source that did not exist three weeks ago. Robinhood Chain, the layer-2 network the brokerage switched on July 1, pays gas in ether and settles to Ethereum, and it has been clearing more than $800 million in daily decentralized exchange volume, most of it memecoin trading.
Bitcoin is steadier than its ETF flows suggest, however. Nansen data shows exchange outflows holding through the escalation in the Middle East, with no meaningful rotation into stablecoins, the move that usually marks wallets stepping back.
Funding rates are near zero, which is suggestive of the overleveraged longs that fuelled June's liquidation cascades have already been cleared out. Bitcoin dominance is 58.3%.
Ripple (XRP) and Stellar (XLM) trade higher on Thursday as both altcoins extend their recovery after defending key support levels earlier this week. XRP is up more than 2% so far this week, while XLM has rebounded after finding support around $0.177. Improving derivatives metrics and fading bearish momentum indicators suggest the recovery could extend in the near term.
Derivatives metrics show recovery signsDerivatives metrics show mild signs of improvement for Ripple and Stellar. XRP's futures Open Interest (OI) has risen to $2.45 billion on Thursday after falling to $2.28 billion on Monday. Over the same period, XLM's OI increased to $193 million from Monday's low of $153 million.
This rise in open interest, alongside the recent price recovery, suggests fresh capital is entering the market, indicating improving trader confidence and supporting the case for a further rebound.
XRP open interest chart. Source: Coinglass
XLM open interest chart. Source: CoinglassIn addition, XRP and XLM funding rates flipped positive on Tuesday, reading 0.27% and 0.0101%, respectively, on Thursday, indicating improving sentiment.
XRP funding rates chart. Source: Coinglass
XLM funding rates chart. Source: CoinglassMixed on-chain metricsCryptoQuant’s summary data shows mixed sentiment. XRP’s spot and futures markets show large whales' orders with neutral conditions in other metrics, supporting a potential recovery.
However, XLM shows selling-side dominance in both markets, hinting at cautious sentiment among traders and capping any potential recovery.
XRP summary chart. Source: CryptoQuant
XLM summary chart. Source: CryptoQuantXRP technical outlook: Fading bearish strengthXRP price trades at $1.115 on Thursday, after recovering and finding support around the upper boundary of the downward parallel channel earlier this week. However, XRP is holding beneath the key Exponential Moving Averages (EMAs), which keeps the bias bearish.
XRP price remains below the 50-day EMA at $1.155 as well as the 100-day EMA at $1.252 and the 200-day EMA at $1.456, suggesting rallies are still being capped by overhead trend resistance. Momentum is more balanced, with the Relative Strength Index (RSI) hovering near the neutral 50 mark and the Moving Average Convergence Divergence (MACD) marginally positive, hinting at stabilizing downside pressure rather than a clear bullish reversal.
On the topside, immediate resistance appears at the 50-day EMA around $1.155, followed by the 100-day EMA at $1.252 and the horizontal barrier near $1.300. At the same time, a stronger supply zone is seen higher up at the 200-day EMA at $1.45 and the prior resistance line around $1.900.
On the downside, initial support is aligned with the lower boundary of the prevailing downward parallel channel near $1.027, where buyers have some room to respond before a deeper decline would reinforce the broader bearish structure.
XLM technical outlook: Finds support around key support zoneXLM price trades at $0.187 on Thursday, holding below the 50-day EMA at $0.190 and the 200-day EMA at $0.196, which keeps the pair in a capped, mildly bearish bias despite trading just above the 100-day EMA at $0.187.
The RSI around 48 hints at neutral-to-soft momentum, while the MACD remains slightly negative, suggesting that buyers lack conviction to challenge the overhead EMAs and Fibonacci barriers for now.
On the topside, initial resistance is seen at the 50-day EMA at $0.190, followed by the 200-day EMA at $0.196 and the 61.8% Fibonacci retracement at $0.200, with stronger supply layered higher at the 50% retracement at $0.218 and the 38.2% Fibonacci retracement level at $0.237.
On the downside, immediate support comes from the 100-day EMA at $0.187, ahead of the horizontal floor at $0.177 and the 78.6% Fibonacci retracement at $0.173, while a deeper pullback would expose the next key base near $0.142.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Pi Network (PI) price continues to maintain a consolidative tone on Thursday, halting the prevailing declining trend near a descending support trendline around $0.0730. The announcement of the upcoming mainnet upgrade to the Stellar Protocol version 25 helps limit the selling pressure. The technical outlook for PI suggests a potential rebound, as bearish momentum remains oversold.
Mainnet upgrade eases bearish pressurePi Network announced the upcoming mainnet upgrade in a social media post on Thursday, advancing to the Stellar Protocol version 25 on July 22. Pi Network is built on the Stellar blockchain, and these upgrades drive the mainnet closer to version 26, which could unlock smart contract functionality for mainnet users.
Technical outlook: Will PI hold above its last line of defense?Pi Network remains stable below $0.0750 at press time on Thursday, extending a consolidative trend for the third consecutive day. The sideways shift marks early signs of PI token shifting away from the prevailing bearish phase, accounting for over a 40% decline in the last three weeks.
Momentum on the daily chart reaffirms that the PI token remains pressured as the Relative Strength Index (RSI) at 14 hovers in deeply oversold territory. At the same time, the Moving Average Convergence Divergence (MACD) stays negative, hinting that downside momentum is still dominant despite overstretched conditions.
From a technical perspective, PI holds at the lower support trendline of a falling channel pattern on the daily chart, which typically results in a rebound. Looking up, the 127.2% Fibonacci extension level, measured over the downswing from $0.1998 to $0.1183, at $0.09613, serves as the initial overhead barrier for a potential rebound in PI.
PI/USDT daily price chart.On the downside, the 161.8% Fibonacci extension level at $0.0679 acts as the last line of defense, where a decisive close could confirm a bearish breakout of the falling channel pattern.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
When a major exchange sheds $1.8 billion in a stablecoin, the market usually expects a rival to vacuum up that liquidity. The Q2 2026 USDC outflows from Binance, however, did not land at OKX. Instead, Bybit absorbed the largest share of redirected volumes, growing its USDC balance 45% while the broader market contracted. The data, originally covered by WuBlockchain in the original report, illustrates a regulatory-driven shake-up that is reshaping stablecoin distribution not through simple market share migration, but through product-specific demand.
Binance recorded $1.8 billion in net USDC outflows across the quarter, $1.4 billion of that in June alone, pushing its tracked balance down 19%. The period overlapped with Binance’s failure to secure a MiCA license—a regulatory setback that likely prompted European users and market makers to reduce exposure. Yet the expected winner, OKX, did not benefit. Its own USDC balance fell 9.7% over the same span. Meanwhile, total USDC supply in circulation contracted by 5.5%, equivalent to roughly $4.3 billion in net redemptions, indicating that some outflows simply left the crypto ecosystem rather than moving to competing venues.
Bybit’s Derivatives Engine Drives the Exception Bybit was the only exchange among peers to post meaningful USDC growth. Its balance rose from $450 million to $660 million, a 45% jump. The increase came directly from rising demand for USDC-margined perpetual contracts and options. That product mix differs from the spot and lending flows that dominate Binance and OKX, suggesting that traders seeking leveraged exposure—rather than passive stablecoin holders—drove the movement.
This highlights a structural nuance. USDC is not just a parking token; it serves as margin collateral in derivatives markets. When regulatory clarity wavers on a platform, leveraged traders may shift to venues where they can keep open positions without worrying about asset freezes or licensing gaps. Bybit’s ability to attract those flows underscores the growing importance of derivatives infrastructure in stablecoin competition. The same pattern has been visible in institutional stablecoin settlement trends, where product utility often dictates balance sheet destinations.
Binance Still Dominates Despite the Bleed Even with the exodus, Binance remains the overwhelming custodian of stablecoins among centralized exchanges. It held 62% of the combined stablecoin balances across the eight platforms reviewed, and roughly 80% of all USDC sitting on centralized exchanges. Circle’s distribution payments to Binance may have kept some USDC in corporate treasury wallets, but those amounts did not translate into retained user balances, the data suggests.
The sheer scale of Binance’s stablecoin float acts as a buffer against short-term regulatory blows. The firm can absorb a $1.8 billion USDC outflow while still holding a commanding lead. That gives it time to negotiate with European regulators or pivot its stablecoin strategy without losing meaningful market share overall. Still, the directional signal is hard to ignore: when users and firms reduce stablecoin holdings on the world’s largest exchange, it reflects a reassessment of jurisdictional risk.
What Remains Uncertain Several factors cloud the outlook. First, it is unclear whether the USDC outflows from Binance were primarily from European accounts subject to MiCA, or if broader caution spread among non-European users. Second, the decline in overall USDC supply introduces a contractionary element—if redemptions continue, fewer USDC tokens will be available to shift between platforms, muting the competitive effect. Third, OKX’s simultaneous decline suggests that simply being a “MiCA-compliant” alternative is not enough; derivatives product design matters just as much as licensing.
The coming quarters will test whether Bybit’s USDC gains are sticky or tied to transient market conditions. The exchange has not yet faced the same level of regulatory scrutiny in Europe that Binance encountered, and its derivatives-first approach leaves it exposed to volatility-driven shifts. Meanwhile, Binance could respond by launching new USDC-margined products or expanding its own MiCA licensing efforts to reclaim lost ground. The stablecoin map is being redrawn, but not in the neat, symmetrical way many analysts expected. As regulatory pressure on crypto exchanges intensifies globally, product-specific flows will likely matter more than simple “safe haven” narratives.
AUTHOR
Brenda is a writer with three years of experience specializing in cryptocurrency, artificial intelligence and emerging technologies. She graduated from the University of Mombasa with a degree in Psychology. She has worked at Cryptopolitan and Blockchain Reporter.
According to PeckShield Alert monitoring, the Cascade CLS vault was hacked, leading to the theft of approximately $1.34 million in user USDC funds. The attacker has bridged the stolen assets from Arbitrum to Solana, then re-bridged them to Ethereum via RelayProtocol in the form of DAI.
Relevant content
HTX DAO completes Q2 token burn, with HTX’s cumulative burn exceeding 100 trillion tokens.
According to an official announcement from HTX DAO, the second-quarter 2026 HTX token burn was completed on July 15. On-chain data shows that a total of 7,474,935,439,560 HTX tokens were burned in this round, worth over $13.6 million. To date, the cumulative amount of HTX burned and donated has reached 117.79 trillion tokens. Burn details: https://tronscan.org/transaction/06b58562732cbff13ce6a3b2a0556f6ffefd158b4cc4313968750923c779810d/overview. In the first half of this year, HTX DAO’s two-quarter combined burn exceeded $32.82 million. Against the backdrop of intensified market liquidity competition this year, HTX has still been able to consistently execute quarterly burns worth tens of millions of dollars, showcasing strong operational resilience and anti-cyclical capabilities.
2 minutes ago
Bitget has added 16 US stock tokens (rTokens), including Kroger, Jabil, and other companies.
Bitget has launched 16 US stock tokens, including rXBI (S&P Biotech ETF-SPDR), rDIA (SPDR Dow Jones Industrial Average ETF Trust), rKSTR (SSE STAR 50 Index ETF), rJBL (Jabil), rKR (Kroger), covering sectors such as finance, healthcare, information technology and industrials. The rTokens, marked with the prefix "r" plus stock tickers (e.g., NVIDIA is rNVDA), are issued by Reality, a licensed RWA protocol under Bitget, which connects directly to global liquidity pools like NASDAQ and NYSE via cooperation with regulated broker Alpaca. Its key features include: 1:1 reserve of underlying assets held by licensed custodians; stock dividends distributed 1:1 in token form; support for synchronous mapping of corporate actions (such as stock splits and consolidations); and positions can be used as combined margin for unified accounts and USDT-denominated contracts, allowing users to flexibly manage funds while holding global stock assets.
2 minutes ago
TSMC’s Q2 revenue posts year-on-year growth, with its high-performance computing business rising 20% quarter-on-quarter.
Taiwan Semiconductor Manufacturing Co. (TSM.N) released its Q2 2026 financial results, posting revenue of NT$1.27 trillion, up from NT$933.792 billion in the year-ago period, and net profit of NT$706.6 billion. The earnings report indicated TSMC’s Q2 gross margin hit 67.7%, a 9.1 percentage point rise year-over-year. Its high-performance computing (HPC) business segment revenue grew 20% quarter-on-quarter, remaining a core growth driver. Additionally, the Taiwan Weighted Index closed at 45,624.98 points on July 16, down 6.61 points, or 0.01%.
2 minutes ago
S&P 500 price-to-sales ratio rises to an all-time high
According to data from Barchart, the Price to Sales Ratio of the S&P 500 has risen to its all-time high. This metric measures how much investors are willing to pay for each unit of a company’s revenue, and its current level reflects that the overall valuation of U.S. stocks is at a historic high.
2 minutes ago
Visa: AI agent payments are accelerating in development, with x402 processing approximately $15 million in on-chain transaction volume.
Visa has released a joint research report with Artemis titled *Agentic Payments from the Ground Up*, which analyzes the development of AI agent payments and on-chain data. The report divides AI agent payments into two main categories: one is "large commercial payments" where agents complete tasks such as flight bookings and subscription management on behalf of users; the other is small-value machine-to-machine payments, including API calls and compute resource purchases, typically under $1. The machine payment protocol x402—incubated by Coinbase and Cloudflare and later managed by the Linux Foundation—has processed an adjusted trading volume of approximately $15 million and around 109.6 million cumulative transactions since its launch in May 2025, with primary activity concentrated on the Base, Solana, and Polygon networks. Another machine payment protocol, the Machine Payments Protocol (MPP), built by Stripe and Tempo with contributions and support from Visa, has completed roughly $25,000 in settlements and processed about 115,000 transactions since its launch in March 2026. Visa noted that the growth of AI agent payments is driving demand for low-cost, high-frequency machine-native payment infrastructure, and stablecoins and blockchain networks are likely to become key components of micro-payment scenarios. The report concludes that future payment systems will not see a single replacement of bank cards or stablecoins, but rather a convergence of both across different use cases.
2 minutes ago
Fidelity International plans to resume increasing its gold holdings, stating that its long-term bullish thesis for gold remains unchanged.
Asset management firm Fidelity International said it plans to rebuild its gold positions trimmed earlier this year, noting that gold’s long-term growth drivers remain strong. Fidelity’s multi-asset portfolio manager Ian Samson recently stated: “Our plan is to add to gold positions again; the only question is timing.” He added that he cut his gold allocation to a neutral level between January and February this year, a period when gold’s multi-year bull market abruptly ended. Samson forecasts the gold market will re-enter a bull market at some point in 2027. The logic behind a return to a bull market would only be undermined if “governments return to fiscal discipline and central banks are truly committed to bringing inflation back down,” he said, adding: “But I don’t think we are in that world right now.” Samson also noted that central banks’ continued gold purchases—a key driver of the previous gold bull market—will continue to underpin gold prices. (Source: Jin10)
After being stuck in a broad downtrend for the majority of the year, Bitcoin is beginning to show signs of recovery. The asset is currently trying to create support around the $65,000 mark after rising back above its 26-day EMA at $63,400. Although this is a positive development, Bitcoin still has a lot of overhead resistance.
The most significant obstacle is located close to the 50-day EMA at $64,100, which Bitcoin has just lately recovered. The next significant objective is still the 100-day EMA, which is currently at about $68,500. The larger bearish structure that has dominated price action since late 2025 is still defined by the 200-day EMA, which is currently at $74,500. The steady rise in momentum is one sign that things are going well.
BTC/USDT Chart by TradingViewRecovering to almost 57, the RSI is above the neutral zone and indicates that buyers are taking charge. The current advance follows a successful defense of the $58,000–$60,000 support area, in contrast to earlier relief rallies that swiftly faded. The move is not yet a complete reversal of the trend because volume is still moderate rather than explosive.
HOT Stories
The recent higher-low structure is changing into a more sustainable recovery, though, if Bitcoin is able to move toward the $68,000-$70,000 range. As of right now, it looks like Bitcoin is moving from a corrective phase into an accumulation stage. However, before bulls can seriously discuss a return toward the $75,000 region, there needs to be a break above the 100-day EMA.
Ethereum Does BetterAt the moment, Ethereum's technical features are superior to those of Bitcoin. While getting closer to the crucial 100-day EMA resistance at $1,944, ETH has effectively recovered both its 26-day and 50-day EMAs. Ethereum recently broke out of a slight ascending consolidation pattern, indicating fresh buying pressure, and is currently trading at about $1,920.
This move is backed by increasing volume and improving momentum indicators, in contrast to the numerous unsuccessful rallies that were observed earlier this year. The RSI has risen to 66, which is close to overbought territory but still has room to rise. This implies that buyers continue to have a strong hold.
You Might Also Like
Ethereum's prospects would be greatly improved by a clear close above the 100-day EMA, which might pave the way for the 200-day EMA at $2,217. Additionally, the chart structure appears more robust than it did a few weeks ago.
ETH set a higher low after the June capitulation event and has been gradually gaining ground. When this pattern is accompanied by improving market sentiment, it frequently precedes more significant trend reversals. $1,944 is the critical level to keep an eye on.
A successful breakout above this barrier might spur more purchases and hasten Ethereum's comeback. However, failure would probably lead to consolidation between $1,750 and $1,950 before the market decides what to do next. With technical momentum clearly favoring bulls in the near term, Ethereum continues to be one of the market's stronger large-cap assets.
XRP's Recovery Is ToughThe fact that XRP is still having trouble beneath a thick cluster of moving averages shows how challenging the recovery process is. The asset is currently trading close to $1.12 and has once again failed to break above the 50-day and 26-day EMAs, which are presently at $1.15 and $1.14, respectively.
A distinct descending resistance line that was created throughout July is visible on the chart. Every attempt to surpass it has been greeted by fresh selling pressure, which has kept XRP from gaining significant upward momentum. Although buyers have not yet shown enough strength to reclaim higher resistance zones, the token has stabilized above the psychological $1 level. The RSI, which has returned above 50, is one positive indication.
You Might Also Like
This suggests that the market is becoming more balanced and that bearish momentum is diminishing. All significant trend indicators, such as the 200-day EMA around $1.46 and the 100-day EMA around $1.25, are still above XRP. The overall trend is still clearly bearish until those levels are contested. Additionally, volume has remained largely subdued.
Large reversals usually call for increased buyer participation, which hasn't happened yet. Rather, following its June selloff, XRP seems to be stuck in a consolidation phase. Bulls' immediate goal is to break above the short-term moving averages. A move toward $1.25 becomes more probable if that happens.
However, if resistance is not broken, there may be another test of support in the $1.00–$1.05 range. As of right now, XRP appears to be stabilizing rather than completely recovering. Although the market is no longer in a panic, it is still awaiting a catalyst that can stop the more significant decline.
Zcash Makes a ComebackZcash is still one of the market's best-performing assets, continuing its remarkable comeback and moving closer to $600. The cryptocurrency that prioritizes privacy is currently trading close to $578 following yet another strong breakout from a multi-week consolidation structure.
ZEC has effectively recovered all of the major moving averages, in contrast to many digital assets that are still stuck below important resistance levels. A strongly bullish market structure is confirmed by the fact that the 26-day, 50-day, 100-day, and even 200-day EMAs are currently below price. Momentum is still incredibly powerful. The RSI has risen above 66, indicating persistent buying pressure that has not yet reached extreme overheating.
ZEC/USDT Chart by TradingViewThis implies that before traders start aggressively taking profits, the rally may still have room to continue. Because it invalidates the corrective structure that developed following the June volatility event, the most recent breakout above the $520-$540 range is especially significant.
What could have been a deeper retracement turned into a continuation pattern as buyers repeatedly intervened around the moving-average cluster. Throughout the advance, volume has also stayed strong. The current move is backed by steady participation, which lends the trend more legitimacy than transient speculative spikes.
The prior swing highs are located between $650 and $700, and the next significant resistance zone is located around $600. The market may move into a much more aggressive expansion phase if ZEC is able to pass those levels.
As long as Zcash stays above the $500 support area, technical indicators continue to favor further upside, making it one of the most obvious bullish outliers among large- and mid-cap cryptocurrencies.
Bitcoin is showing the first noteworthy signs of recovery after months of downward movement, establishing support near $65,000 following a rally above its 26-day EMA at $63,400. This shift suggests a potential change in short-term market sentiment, but significant resistance obstacles remain for the world’s largest cryptocurrency by market value.
Bitcoin recently regained its 50-day EMA at $64,100, marking an important but preliminary step in overcoming the prevailing bearish structure. The next major target is the 100-day EMA, currently positioned at $68,500, which must be cleared for a decisive trend reversal. Price action continues to be defined by the broader 200-day EMA, which stands at $74,500 and maintains the overarching downtrend that began in late 2025.
Momentum indicators, including the Relative Strength Index (RSI) climbing to nearly 57, signal strengthening buyer control. Unlike previous rebound attempts earlier this year that quickly faded, the current move is supported by ongoing buyer defense of the $58,000–$60,000 region. However, trading volume remains moderate, indicating that a full reversal has yet to materialize.
Bitcoin must break above the 100-day EMA to establish a pattern of sustained recovery and open the door for a potential move toward the $75,000 area. Until this level is reclaimed, upside discussions are likely to remain cautious.
LevelCurrent Price / EMASupport$65,00026-day EMA$63,40050-day EMA$64,100100-day EMA$68,500200-day EMA$74,500Ethereum leads large-cap recoveryEthereum stands out among the major cryptocurrencies for its technical strength in recent sessions. The asset, known for powering the largest decentralized application ecosystem, has effectively regained its 26-day and 50-day EMAs and is pushing toward the pivotal 100-day EMA at $1,944. ETH is currently trading near $1,920 and recently broke out of a minor ascending consolidation, indicating renewed demand.
Momentum and volume have improved, supporting the rally, while the RSI has moved up to 66, approaching overbought territory but still suggesting room for bullish continuation. Technical analysts point to $1,944 as Ethereum’s critical upside barrier in the short run. Clearing this could enable a move to the 200-day EMA at $2,217, especially given improved market sentiment since ETH set a higher low after the June capitulation event.
Ethereum continues to demonstrate clear outperformance among large-cap cryptocurrencies, with technical momentum and buying pressure resulting in steady gains above recent support levels.
Should Ethereum fail to clear the 100-day EMA, analysts anticipate further sideways trading between $1,750 and $1,950 until the market establishes a firmer directional consensus.
XRP faces ongoing resistanceXRP, the native token of payments-focused blockchain company Ripple, remains trapped beneath a cluster of closely grouped moving averages. XRP is trading near $1.12 and has struggled to rise above its 50-day and 26-day EMAs—currently at $1.15 and $1.14, respectively. Each attempt to break out above a descending resistance line established in July has met renewed selling activity, keeping upward momentum in check.
Despite these challenges, XRP has stabilized above the psychological $1 level. The RSI has edged back above 50, a solid sign of improving balance between buyers and sellers, but all major trend indicators—including the 100-day EMA at $1.25 and 200-day EMA at $1.46—remain overhead. Volume has also remained subdued, pointing toward a period of consolidation rather than a robust turnaround.
XRP bulls are watching for a move above the short-term moving averages. Success could allow the asset to challenge resistance at $1.25, while failure prompts a possible retest of support between $1.00 and $1.05.
Zcash emerges as a bullish outlierPrivacy-focused cryptocurrency Zcash (ZEC) has outperformed much of the market by reclaiming all major moving averages. Price has moved above the 26-day, 50-day, 100-day, and 200-day EMAs, resulting in a definitive bullish market structure. The RSI above 66 highlights persistent buyer participation without signals of major overheating, and trading volume has remained consistently strong throughout its recent ascent.
The latest breakout above the $520–$540 range invalidated the corrective pattern that followed June’s heightened volatility, with buyers repeatedly supporting the market at critical levels. ZEC now faces initial resistance around $600, with prior swing highs noted between $650 and $700.
ZEC will remain technically favored as long as it holds above $500 support, positioning itself as a notable bullish exception among large- and mid-cap tokens in the current market environment.
Mini dictionary: Zcash (ZEC): A privacy-focused cryptocurrency launched in 2016, Zcash utilizes advanced cryptographic techniques called zk-SNARKs to enable shielded (private) or transparent transactions, offering enhanced user privacy compared to most blockchains.
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.
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.
Hedera has had a genuinely split week. On one side, an oracle exploit drained $9.05 million from the network’s largest DeFi lending protocol and wiped out nearly 40% of Hedera’s total value locked in a single day. On the other, Lloyds Banking Group, Aberdeen Investments, and Archax completed the UK’s first foreign exchange transaction using tokenized real-world assets as collateral on Hedera — a genuine institutional milestone that landed in an HM Treasury-backed report the same week. Here’s what’s actually happening with HBAR right now, and why the network’s enterprise-heavy governance model makes this kind of split story more common than it is for most Layer 1 networks.
Key Takeaways Bonzo Lend, Hedera’s largest DeFi lending protocol, lost approximately $9.05 million on July 11 after an attacker exploited a verification flaw in a third-party Supra oracle, manipulating the price of SAUCE tokens to borrow far more than their collateral supported Hedera’s total value locked fell nearly 40% within 24 hours of the exploit, with Bonzo’s own TVL plummeting 77%; Hedera’s network-wide TVL now sits around $25.7 million HBAR fell to around $0.067-0.069 following the exploit, down roughly 71% over the past year and about 88% below its September 2021 all-time high of $0.5692 Days later, Lloyds Banking Group, Aberdeen Investments, and Archax completed the UK’s first FX transaction using tokenized real-world assets as collateral on the Hedera network, featured in an HM Treasury-backed Wholesale Digital Markets Champion report The Hedera Council — the network’s enterprise governing body — has grown to roughly 31-32 members including Google, IBM, Boeing, FedEx, Deutsche Telekom, and McLaren Racing, each operating a network validator node The Canary Capital HBAR spot ETF (HBR) has attracted cumulative inflows of roughly $93 million since launch, with net assets around $49 million, following the SEC and CFTC’s March 2026 classification of HBAR as a digital commodity What Happened in the Bonzo Lend Exploit How the Attack Worked According to Bonzo’s official incident report, the exploit began around 00:51 UTC on July 11, 2026, when an attacker deposited just 250 SAUCE tokens — worth only a few dollars — and submitted a manipulated price update to an on-demand oracle contract. The false update inflated SAUCE’s value by roughly 12 orders of magnitude, and critically, the oracle verifier accepted the update even though it carried a zeroed signature rather than a valid signature from the authorized oracle committee. Eight seconds later, the attacker used that inflated collateral to borrow approximately 6.6 million USDC and 34.5 million Wrapped HBAR (WHBAR), together worth about $9.05 million. A second wallet borrowed roughly $1 million during the same window before identifying itself to the Bonzo team as a white-hat responder and pledging to return the funds — bringing total abnormal borrowing during the incident to about $10.06 million, though Bonzo’s headline loss figure of $9.05 million excludes the funds the white-hat wallet said it would return.
Blockchain security researchers Specter and PeckShield tracked over $5.25 million of the stolen funds being bridged from Hedera to Ethereum via LayerZero and swapped from Wrapped Bitcoin into ETH. Bonzo Lend and Bonzo Points remain paused while the team evaluates recovery options; Bonzo Vaults, Bonzo Bridge, and single-sided staking were unaffected and continue operating normally. Bonzo attributed the failure specifically to a flaw in Supra’s third-party oracle verification infrastructure, stating the incident was not caused by vulnerabilities in Bonzo’s own smart contracts or in Hedera’s underlying network — a distinction that matters, since it means the exploit reflects a weakness in one DeFi protocol’s chosen oracle provider rather than a flaw in Hedera’s core consensus mechanism. Supra has since acknowledged the issue and deployed a fix to the affected verifier contract.
Why It Matters Beyond the Dollar Figure The exploit’s real damage may be to confidence rather than just the balance sheet. Hedera’s network-wide total value locked fell by nearly 40% in the 24 hours following the incident as users withdrew funds, and South Korean exchanges including Upbit, Bithumb, and Coinone issued investor caution notices regarding Hedera. The timing is also notable: the incident is one of three major DeFi exploits in a single week — alongside a $6 million Summer.fi exploit and a $20 million BonkDAO governance attack — that together account for more than $35 million in losses, part of a broader pattern CertiK’s H1 2026 report flagged as a security environment that “has not improved and has, in several respects, deteriorated” despite total dollar losses trending down. For more on how total value locked is tracked across DeFi, see our explainer on what DeFiLlama measures.
The Institutional Side of the Story: Lloyds, Aberdeen, and Archax While the exploit was still working through headlines, Hedera posted a genuinely significant institutional development. Lloyds Banking Group, Aberdeen Investments, and digital asset platform Archax completed the UK’s first foreign exchange transaction using tokenized real-world assets as collateral, executed on the Hedera network. The transaction involved tokenized units of an Aberdeen Investments money market fund alongside tokenized UK government debt, and was highlighted in an HM Treasury-backed Wholesale Digital Markets Champion report as an example of practical institutional blockchain adoption. The juxtaposition — a DeFi protocol exploit and a landmark traditional-finance pilot landing on Hedera in the same week — captures the split character of Hedera’s current position: a network with genuine enterprise credibility whose permissionless DeFi layer carries the same third-party smart contract risks as any other chain.
Who Governs Hedera: The Hedera Council An Enterprise Governance Model Unlike Most Blockchains Unlike Bitcoin or Ethereum, Hedera isn’t governed by anonymous validators or a founding team — it’s run by the Hedera Council (renamed from “Hedera Governing Council” in May 2025), a rotating body of up to 39 global organizations, currently numbering roughly 31-32 members. Each member holds one equal vote on protocol decisions regardless of company size, serves a three-year term with a maximum of two consecutive terms, and is required to operate a consensus node that validates transactions on the network. The structure is explicitly modeled on Visa’s original 1968 governance framework, in which a council of member banks ran a shared payment network without any single institution controlling it.
Who’s On the Council Council members span technology, finance, telecommunications, energy, and academia, and include Google, IBM, Boeing, FedEx, Dell, Deutsche Telekom, LG Electronics, Standard Bank, Chainlink Labs, Nomura Holdings, Ubisoft, McLaren Racing, and Accenture (which joined in April 2026 to build enterprise AI governance infrastructure on the network), alongside academic institutions including the London School of Economics and University College London. Modifications to Hedera’s total HBAR supply — capped at 50 billion tokens — require unanimous agreement from every council member, the highest governance threshold in the network’s structure.
HBAR Regulatory and Institutional Backdrop HBAR was one of 16 tokens the SEC and CFTC included on a formal digital commodity classification list published March 17, 2026, alongside Bitcoin, Ethereum, Solana, and XRP — a notable inclusion that expanded regulated institutional access to the token. That classification helped pave the way for products like the Canary Capital HBAR spot ETF (ticker: HBR), which has drawn cumulative inflows of roughly $93 million since launch, with net assets around $49 million, alongside a Hashdex index product that also includes HBAR exposure.
For more on the platforms tracking crypto market data, see our explainers on what Coinglass tracks in derivatives markets and what RWA.xyz measures in tokenized assets. For the broader crypto market picture, see today’s Crypto Market Today and Crypto News Today roundup.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
Uniswap (UNI) is capturing renewed investor interest as it posts strong bullish signals, with recent technical analysis pointing to further potential gains if broader crypto market conditions remain positive.
UNI maintains bullish price momentum amid volume surgeCrypto analyst Daan Crypto Trades reported that UNI, the native token of Uniswap’s decentralized trading protocol, is showing sustained upward momentum. As of publication, UNI trades at $3.64, backed by a 24-hour trading volume of $174.52 million and a total market capitalization reaching $2.28 billion.
Technical indicators show that UNI has established a series of higher lows and is currently holding at significant support levels, supporting analysts’ forecasts for continued upward movement toward the $4.20 resistance in the coming weeks.
Rising interest around the Robinhood blockchain has also contributed to heightened trading volumes, positioning UNI as one of the better-performing altcoins despite fluctuations in the wider crypto market.
Trading setups for UNI suggest a move toward the upper end of its range as it benefits from both robust support levels and strong trading activity, analysts say. Enthusiasm around Robinhood blockchain developments has fueled this momentum, with many market participants considering UNI a candidate for buy-and-hold strategies.
If Bitcoin (BTC) retains its own key support levels, analysts expect UNI to make further gains, potentially testing the $4.20 mark. However, if market momentum weakens, price consolidation near current levels may persist.
Uniswap V4 volume records significant growthData from MSB Intel indicates that Uniswap V4 has seen its daily trading volume jump to $1.47 billion, representing a 31% increase compared to the previous day. This surge reflects a combination of heightened user engagement, improved liquidity, and growing confidence in the platform’s capabilities within the decentralized finance (DeFi) sector.
The uptick in trading volume is also attributed to favorable market conditions and active participation by protocol users looking to capitalize on rising volatility. Market observers note that increased transaction activity typically underscores broader market optimism concerning a protocol’s long-term prospects.
Uniswap, recognized as one of the largest decentralized exchanges in the DeFi landscape, continues to reinforce its position as a leading trading venue through these recent volume milestones.
Mini dictionary: MSB Intel is a crypto market intelligence and analytics provider that supplies trading volume and blockchain activity data for digital assets.
MetricCurrentPrevious (24h)ChangeUNI Price$3.64——UNI Market Cap$2.28 billion——Uniswap V4 Trading Volume$1.47 billion—+31%Market participants are monitoring whether this strong growth persists, as increased volume and user confidence may influence future price direction.
Analysts eye breakout as market conditions evolveWith both UNI’s bullish price trends and Uniswap’s rising volume, the asset has transitioned from a bearish stance to a more neutral phase, reflecting broader market reversals as Bitcoin’s price also begins to recover.
Traders are closely watching major resistance points and broader market trends, as continued momentum could help UNI break through to the next target zone. Conversely, if volume and sentiment wane, the possibility of near-term consolidation persists.
The combination of accelerating Uniswap V4 volume and ongoing BTC stability provides grounds for optimism among traders anticipating a move toward $4.20. However, lackluster market action could still keep UNI confined in its current range.
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.
$250 million in new liquidity has been added to the Solana blockchain, according to a recent report by @martypartymusic on social media. This development is attributed to Circle, the issuer of USDC, minting the stablecoin directly onto the network. The injection of capital is expected to bolster the infrastructure supporting decentralized finance (DeFi) protocols and exchanges operating within the Solana ecosystem. Market observers are noting this move as a potential indicator of increasing institutional interest in Solana as a robust platform for dollar-backed assets.
Advertisement
The additional liquidity has been detected by on-chain monitoring services such as SolanaFloor and Whale Alert, which track significant blockchain transactions. This injection aligns with Solana’s strategy as a leading stablecoin hub, comparable to Ethereum and Base. As a result, market participants appear to be considering the implications of this liquidity boost on Solana’s price trajectory, particularly in the context of its ability to reach $90 in July.
Key Takeaways The addition of $250 million liquidity on Solana suggests potential support for increased market activity and institutional interest. Pricing in prediction markets appears consistent with scenarios where Solana’s price reaches $90 in July, reflecting moderate optimism. The transaction may indicate Solana’s growing appeal as a settlement layer for stablecoins, reinforcing its competitive position. What to Watch Market participants will be closely monitoring Solana’s price movements in the coming weeks, particularly any approach towards the $90 mark by the end of July. Key developments that could further influence market sentiment include potential upgrades to the Solana network, significant ETF inflows, or new financial products approved by regulatory bodies. Additionally, any macroeconomic shifts or regulatory changes affecting the crypto market could impact Solana’s ability to maintain or exceed current price expectations.
Get live prediction-market analysis, powered by Vera. Sign up for Vera.
Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 18.5% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.3% — — View market → August 1 2026 1.5% — — View market → August 1 2026 0.9% — — View market → August 1 2026 4.3% — — View market → August 1 2026 0.5% — — View market → August 1 2026 6% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.6% — — View market → August 1 2026 0.1% — — View market → August 1 2026 36% — — View market →
Solana has become the No. 1 blockchain by RWA holders after the network surpassed 300,000 RWA holders for the first time.
Data from rwa.xyz shows Solana now has 300,130 RWA holders, a new all-time high that puts the network ahead of other major blockchain ecosystems by holder count. The milestone adds to a string of records for Solana's growing tokenized asset market in 2026.
Solana's RWA Market Holds Above $3 Billion The total value of distributed real-world assets on Solana currently stands at approximately $3.32 billion. At the start of July, the ecosystem reached another milestone when its total RWA value briefly rose to an all-time high of $3.62 billion.
Solana now hosts more than 2,120 different kinds of RWAs, highlighting the expanding range of tokenized products available on the network.
Stablecoins still account for the largest share of tokenized asset value. However, tokenized equities, private credit products and other institutional assets continue to gain traction as issuers and financial platforms expand their onchain offerings.
The growth in the number of holders suggests the expansion has also begun to reach a broader user base. Solana now leads Plume, Ethereum, and BNB Chain by the number of RWA holders, and is now gradually closing the gap to Ethereum in terms of total RWA market value.
Tokenized Equity Trading Hits $3.47 Billion Record Tokenized equities have emerged as one of the fastest-growing parts of Solana's RWA ecosystem. Solana recorded $3.47 billion in tokenized equity spot trading volume in June 2026, marking a new monthly all-time high. The network also captured more than 96% of tokenized equity trading volume across blockchains during the month.
June's volume represented a sharp acceleration from previous months, and the figures show that Solana's RWA growth now extends beyond assets simply existing onchain. Traders are increasingly using the network as a venue for secondary market activity in tokenized stocks.
Wall Street Pushes Tokenization Solana's latest records come as traditional financial institutions accelerate their own tokenization efforts. Earlier today, July 15, the Depository Trust & Clearing Corporation successfully converted securities held at the Depository Trust Company into tokens and used them in real production trades. More than 30 traditional and digital market firms participated in the initiative, which DTCC described as its largest tokenization production effort by use cases, asset classes, and participants.
The tests covered collateral pledges, securities lending, U.S. Treasury and repo delivery-versus-payment trades, equity trades, token transfers and central counterparty margin workflows. Participants included BlackRock, Goldman Sachs, J.P. Morgan, Nasdaq, the New York Stock Exchange, Circle, Chainlink, Ondo Finance, Vanguard and several other major financial and digital asset firms.
DTCC plans to launch its Tokenization Service in October 2026. The service will allow DTC participants to create tokenized representations, or digital twins, of securities held at DTC and deliver them to approved wallets. Participants can also convert assets between traditional and tokenized forms.
A similar two-way mechanism is already live on Solana through some tokenized stock products offered by Backpack. Holders can redeem tokenized stocks for the underlying shares and transfer those shares to traditional brokerage accounts. Eligible shares can also move in the opposite direction, allowing investors to convert conventional securities into tokenized shares on Solana.
The mechanism also accounts for dividends and corporate actions. Traditional brokerage infrastructure processes these events for securities held through Backpack Securities, while tokenized stockholders receive equivalent economic treatment through onchain mechanisms.
Airbnb CEO Brian Chesky recently argued that something meaningful is emerging beneath the noise around RWAs, saying, “Most people won’t notice the plumbing change underneath. They’ll just wake up one day and owning anything, anywhere, will feel obvious.”
Chesky’s comments reflect a broader shift in how major figures in the technology and financial industries view tokenization. Rather than treating RWAs solely as a crypto trend, more established players are exploring how blockchain infrastructure could change the way people issue, hold, and transfer ownership of real-world assets.
Read More on SolanaFloor Claynosaurz Lands on Amazon Prime Video as Solana NFT Brand Goes Mainstream
Pump.fun Faces $121M Token Unlock as Robinhood Takes Memecoin Market Share
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Arsenal centre-back William Saliba will miss an estimated 4-5 months after undergoing surgery for a back injury sustained during the FIFA World Cup semi-final against Spain on July 14. The 25-year-old was forced off the pitch after roughly 30 minutes, reportedly telling teammates “my back is gone” before hobbling down the tunnel.
Advertisement
The injury and what it means for Arsenal Saliba’s back problems didn’t materialize out of thin air. Reports from as early as June 2026 indicated that the French international had been managing a persistent lower back issue, with some sources suggesting the problem stretches back roughly three years. Arsenal’s medical staff was already aware of the situation heading into summer preparations for the 2026/27 season.
The expected 4-5 month recovery window puts Saliba’s return somewhere around November or December 2026. Arsenal will likely begin their Premier League campaign in August without one of their most important players, and they could be without him for much of the first half of the season.
A meme token enters the chat A Solana-based meme token called SALIBA was launched around mid-June 2026, before the World Cup injury even occurred. The token carries extremely low trading volume and has no official connection to the player himself.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana (SOL) is poised to reclaim its $250 all-time high, according to one long-term analysis of the 3-day SOL/USDT higher-timeframe chart.
Solana chart forecasts strong upside momentum to $250As seen in the chart below, Solana appears to be carving out a robust, long-term accumulation pattern that could catalyze massive upward momentum. The analyst emphasizes “zooming out” to filter out minor market volatility and focus through a macroscopic lens.
Source: X
At the time of writing, SOL was trading at $77.51, implying that a move to $250 would require a 220% increase. To achieve this, SOL buyers must first aggressively absorb supply to overcome several resistance zones.
Source: CoinMarketCap
The first is the $79-$85 congestion zone, where more than 105 million tokens have historically changed hands. Breaking past this zone would invalidate near-term bearish movement and build confidence around a breakout to $250.
Another key resistance zone is the $100 psychological barrier, which is currently a multi-month ceiling. Crossing above the three-figure mark would pave the way for a mid-term extension to $120-$150, and eventually to $200.
Ecosystem developmentsSince October 2025, institutions have been continuously applying for Solana exchange-traded funds (ETFs). Just yesterday, Morgan Stanley updated its filing for a Solana ETF with the US Securities and Exchange Commission (SEC).
Even more, while Ethereum leads in terms of asset tokenization, institutions prefer Solana for its high throughput and lower gas fees. The network also eliminated any chance of outages through last year’s Firedance upgrade. Even more, Solana offers a unique staking advantage in its ETFs as compared to Ethereum.
Beyond sustaining high trading volumes, these developments are key to maintaining the magnitude of the rally mentioned above.
The outlookThat said, Solana could experience near-term resistance and consolidation, even as long-term structural momentum continues to brew.
Additionally, Solana buyers need to maintain prices above the $74-$75 baseline to invalidate false breakdowns and establish a springboard for localized rebounds. Should this fall through, the lower Bollinger Band suggests a deeper retest down to $68.57. Prolonged trading below $70 has historically led to price consolidation in a strict range prior to recovery.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
A collection of clay dinosaurs just stomped past two of the NFT world’s most recognizable names. Claynosaurz, a Solana-native project featuring 10,222 animated dino characters, has climbed to a market capitalization between $19 million and $20.3 million, edging out both Milady Maker and Azuki in total market value.
For context, Milady Maker currently sits at roughly $19.7 million in market cap, while Azuki has dropped to somewhere between $16.7 million and $17 million.
What’s driving the surge The catalyst here is straightforward: Claynosaurz announced an upcoming brand launch on Amazon Prime Video. That single piece of news sent the collection’s floor price rocketing to approximately 25 SOL, a significant premium over its original mint price of 10 SOL back when the project launched on November 26, 2022.
Trading volume reflected the excitement. The collection’s 7-day volume hit roughly 6.5K SOL following the Prime Video announcement.
Advertisement
How the competition stacks up Milady Maker, with its distinctive anime-inspired PFPs and deeply online cult following, holds a floor price of approximately 1 ETH. Azuki, once one of the most hyped anime-themed collections in the space, has a floor around 0.87 to 0.9 ETH.
Here’s the thing. Market cap in NFTs isn’t calculated the same way as for tokens. It’s typically floor price multiplied by total supply, which means a single collection’s valuation can swing wildly based on the cheapest available listing.
Beyond JPEGs: the Claynosaurz ecosystem play The project has established a gaming partnership with Gameloft, one of the largest mobile game publishers in the world. Beyond gaming, Claynosaurz has pushed into merchandise and animation, with the Amazon Prime Video deal representing the culmination of that entertainment-first strategy.
The team is also planning an additional NFT drop on the Sui blockchain, scheduled for May 2025.
Not everything in the Claynosaurz universe is thriving, though. The project’s related token, Claynosaurz Strategy (CNZSTRAT), has a market cap under $100K and shows minimal trading activity. The gap between the NFT collection’s valuation and its associated token suggests investors are betting on the IP and collectibles, not on a token-driven economic model.
What this means for investors Solana’s role in this story matters too. The chain has been steadily building its NFT infrastructure and attracting projects that prioritize low transaction costs and fast settlement. A Solana collection overtaking Ethereum stalwarts in market cap is a data point worth watching, especially as Ethereum’s NFT trading volumes have remained subdued compared to their 2021-2022 peaks.
Traders should be watching 7-day volume trends closely in the coming weeks. The May 2025 Sui drop is also a potential inflection point for the cross-chain strategy.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
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.
OKX, the prominent crypto exchange, has recently introduced Unified Tokenized Stocks. Particularly, OKX is offering round-the-clock trading availability for U.S. exchange-traded funds (ETFs) and stocks. As per OKX’s official press release, the exclusive offering permits consumers to gain seamless exposure to well-known equities via blockchain-native assets that are traded on its spot market. Hence, the move allows the crypto exchange to eliminate the restrictions of conventional Wall Street trading hours while also delivering uninterrupted interaction with the market.
Blue-chip US stocks deserve more than Wall Street hours.
Introducing Stock and ETF tokenized markets – global trading 24/7
We're the first global exchange to launch unified tokenized stock markets, built to bring multiple issuers into shared liquidity.
— OKX (@okx) July 15, 2026 OKX Introduces 24/7 Inclusive Tokenized Stock Market Supporting X Layer and Solana The launch of Unified Tokenized Stocks with 24/7 availability positions OKX as the earliest crypto exchange that provides an inclusive tokenized stock ecosystem. With this move, investors can effectively trade diverse tokenized ETFs and equities with the use of $USDT whenever required, including holidays and weekends.
Specifically, the new initiative lets consumers trade tokenized versions of leading ETFs and stocks, with every asset ticker starting with an “X” prefix. The key examples include Apple’s XAAPL, NVIDIA’s XNVDA, and Tesla’s $XTSLA. The tokenized forms of the stock that diverse providers issue can reportedly be consolidated into an inclusive tradable asset on the crypto exchange. This develops a shared liquidity setting and a streamlined corporate-action model.
At the product’s launch, it is supported by xStocks and backs withdrawals and deposits on both the X Layer and Solana networks. $USDT is used to quote trading pairs, permitting crypto-native consumers to enjoy stock market exposure while facing no need to convert funds into local fiat currencies or open a conventional brokerage account.
Bridging Crypto Markets with Traditional Finance Apart from that, the 24/7 availability is a crucial element of the latest marketplace. While conventional U.S. equity markets work during particular trading sessions, the new initiative remains operative without any time limitations. Outside of the normal market hours, prices are determined through the exclusive closing values merged with exclusive market estimates.
With this structure, traders can react rapidly to macroeconomic developments, earnings announcements, and other key news events irrespective of the time of their occurrence. Simultaneously, the dividend distribution is another notable feature that enables reinvestment of the value at the issuer scale instead of direct dividend payment in cash.
In this respect, trading operations continue without any interruption. Keeping this in view, Unified Tokenized Stocks provides price exposure to the core ETFs and stocks rather than granting the underlying companies’ ownership. Overall, the launch is anticipated to broaden blockchain-powered access to conventional financial markets to further fill the gap between traditional equities and digital assets.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Hyperliquid (HYPE) strengthened its position among decentralized trading platforms this week, as the token maintained a bullish outlook amid recent market consolidation. Analysts observed a consistent uptrend in HYPE, noting that its growing trading activity and strong fee generation signal increasing adoption and long-term growth potential.
HYPE price trends and resistance levelsHYPE traded at $68.37 with a 24-hour trading volume of $431.18 million and a market capitalization of $17.3 billion. The token recorded a 5.27% gain in the past day, reflecting investor optimism and renewed buying activity.
Renowned crypto analyst Michael van de Poppe commented that HYPE has maintained a bullish technical structure despite a temporary dip below its 21-day and 50-day moving averages. He noted that the recent retracement appears to be short-term consolidation, as buyers continue to protect essential support levels, indicating the market remains favorable for further upside movement.
Market analysts emphasized that if HYPE convincingly breaks above the $68.88 resistance level, the token could initiate another bullish move, potentially testing previous highs.
Technical indicators suggest that, should the breakout hold, HYPE may advance toward the $100 price mark. However, the outcome will depend on the prevailing market sentiment and the token’s ability to maintain upward momentum.
Hyperliquid’s fee revenue surpasses major blockchainsBeyond price action, Hyperliquid’s rising protocol fees demonstrate its expanding influence among decentralized exchanges. Data from Hyperliquid Daily reported that the platform collected $2.4 million in protocol fees within the past 24 hours, outpacing established blockchains such as Solana, Ethereum, BNB Chain, Robinhood, and Lighter.
This substantial fee revenue highlights Hyperliquid’s ability to attract high trading volumes and participant activity, reinforcing its market leadership in decentralized perpetual trading.
Analysts attribute this growth to increased demand for Hyperliquid’s products and traders’ preference for its platform. The platform’s decentralized architecture and competitive features have drawn a growing user base, leading to consistent fee growth.
Mini dictionary: Hyperliquid is a decentralized trading platform focused on perpetual contracts, enabling traders to engage in leveraged trading with a transparent, non-custodial system. Protocol fees are service charges collected from transaction execution on the network, which contribute to the platform’s revenue.
PlatformDaily Fee RevenueHyperliquid$2.4 millionSolanaBelow $2.4 millionEthereumBelow $2.4 millionBNB ChainBelow $2.4 millionRobinhoodBelow $2.4 millionLighterBelow $2.4 millionMarket outlook: Next targets for HYPEWith positive market momentum and strong fee revenues, analysts project an upward trajectory for HYPE if the bullish breakout is confirmed. Current resistance may create temporary consolidation, but a move above this barrier could extend the recent rally, drawing further attention to the token.
Should HYPE surpass the crucial resistance, technical forecasts anticipate a potential climb towards the $100 level, provided investor sentiment remains supportive.
The broader crypto market has also shown positive signals, as BTC’s price recovery supports increased interest in alternative tokens like HYPE. Market participants are looking to see if HYPE can sustain its lead in daily revenue and continue its rise.
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.
Visa has released a joint research report with Artemis titled *Agentic Payments from the Ground Up*, which analyzes the development of AI agent payments and on-chain data. The report divides AI agent payments into two main categories: one is "large commercial payments" where agents complete tasks such as flight bookings and subscription management on behalf of users; the other is small-value machine-to-machine payments, including API calls and compute resource purchases, typically under $1. The machine payment protocol x402—incubated by Coinbase and Cloudflare and later managed by the Linux Foundation—has processed an adjusted trading volume of approximately $15 million and around 109.6 million cumulative transactions since its launch in May 2025, with primary activity concentrated on the Base, Solana, and Polygon networks. Another machine payment protocol, the Machine Payments Protocol (MPP), built by Stripe and Tempo with contributions and support from Visa, has completed roughly $25,000 in settlements and processed about 115,000 transactions since its launch in March 2026. Visa noted that the growth of AI agent payments is driving demand for low-cost, high-frequency machine-native payment infrastructure, and stablecoins and blockchain networks are likely to become key components of micro-payment scenarios. The report concludes that future payment systems will not see a single replacement of bank cards or stablecoins, but rather a convergence of both across different use cases.
Relevant content
Fidelity International plans to resume increasing its gold holdings, stating that its long-term bullish thesis for gold remains unchanged.
Asset management firm Fidelity International said it plans to rebuild its gold positions trimmed earlier this year, noting that gold’s long-term growth drivers remain strong. Fidelity’s multi-asset portfolio manager Ian Samson recently stated: “Our plan is to add to gold positions again; the only question is timing.” He added that he cut his gold allocation to a neutral level between January and February this year, a period when gold’s multi-year bull market abruptly ended. Samson forecasts the gold market will re-enter a bull market at some point in 2027. The logic behind a return to a bull market would only be undermined if “governments return to fiscal discipline and central banks are truly committed to bringing inflation back down,” he said, adding: “But I don’t think we are in that world right now.” Samson also noted that central banks’ continued gold purchases—a key driver of the previous gold bull market—will continue to underpin gold prices. (Source: Jin10)
19 minutes ago
A trader, after incurring total losses of $4.89 million, took a large long position in BTC and currently holds a BTC long position valued at $5.43 million.
According to OnchainLens monitoring, a trader who has suffered a total loss of $4.89 million has once again taken a heavy long position. Currently, the trader holds 84 BTC long positions worth approximately $5.43 million with 40x leverage. The account also holds long positions in HYPE valued at around $290,000 and long positions in PUMP worth roughly $148,000. Additionally, the trader has placed a limit buy order for 6.56 BTC, worth about $424,000, at a price of $64,600.
19 minutes ago
Yesterday, U.S. Bitcoin spot ETFs recorded a net inflow of $107.7 million, while U.S. Ethereum spot ETFs saw a net inflow of $53.9 million.
According to data from Farside Investors, U.S. spot Bitcoin ETFs saw a total net inflow of $107.7 million yesterday. Among them, BlackRock’s IBIT attracted $80.8 million, Fidelity’s FBTC recorded $16.9 million in net inflows, Grayscale’s Bitcoin ETF posted $10 million, while all other ETFs had zero net flows for the day. In the same period, U.S. spot Ethereum ETFs totaled a net inflow of $53.9 million. Breakdown shows BlackRock’s ETHA brought in $45.3 million, ETHB had $4 million, Grayscale’s Ethereum ETF recorded $4.6 million, with all other ETFs registering no net inflows on the day.
19 minutes ago
South Korean media reported that Jensen Huang highly praised SK Hynix for its listing on the Nasdaq.
According to South Korean media reports, SK Hynix has raised a massive sum of up to 40 trillion won (approximately $307.6 billion) via its listing on the U.S. Nasdaq market, with the goal of consolidating its leadership in the artificial intelligence (AI) semiconductor market. Jensen Huang, CEO of NVIDIA (NVDA.O) — the global leader in the AI chip sector — extended warm congratulations on the listing. Per industry sources, on July 16, after concluding an event held in Tokyo, Japan, the day before, Huang expressed extreme delight over the listing of SK Hynix's American Depositary Receipts (ADRs), calling it "extremely successful". (Jinshi)
19 minutes ago
Analysis: Changxin Technology’s profit range for winning one IPO lot is estimated to be between 3,000 yuan and 26,000 yuan.
According to Cailian Press, investors who win the IPO allotment for Changxin Technology’s current offering will receive one lot of 500 shares, requiring a total payment of 4,330 yuan. Under four valuation scenarios—conservative, neutral, optimistic, and ultra-optimistic—Changxin Technology’s valuation would reach 1 trillion yuan, 1.5 trillion yuan, 2.3 trillion yuan, and 4.25 trillion yuan respectively. Based on the estimated market capitalization range of 1 trillion to 4 trillion yuan, its first-day post-listing price increase is projected to fall between 70% and 600%. Compared to the issue price of 8.66 yuan, the profit potential per lot is approximately 3,000 yuan to 26,000 yuan.
19 minutes ago
Bank of America Market Survey: Majority of investors do not believe the AI bull market has peaked, with the rally set to continue in the second half of the year.
Bank of America (BofA)’s latest investor survey reveals market sentiment toward AI capital expenditure is growing more nuanced. Most investors do not think the AI spending boom has peaked, and still expect this wave of expenditure to continue in the second half of the year. At the same time, concerns are rising over hyperscalers’ excessive spending pace, debt pressure and credit risks. The survey shows investors are not broadly betting on the end of the AI cycle. Instead, the market still believes large platforms including Microsoft, Amazon, Alphabet and Meta will keep expanding investments in data centers, GPUs and power infrastructure. The problem is that the pace of capital expenditure growth has become so fast that some investors are starting to worry about free cash flow, share repurchase capacity and balance sheet flexibility. Per BofA’s survey methodology, AI has evolved from a pure growth story to a capital discipline issue. Over the past two years, the market rewarded companies for heavy AI investments; now, investors are starting to question the return periods of these investments, depreciation pressures, and whether cloud providers will be forced into overbuilding amid competition.
Celo just topped every Layer 1 and Layer 2 blockchain in 30-day tokenholder growth, according to Token Terminal’s on-chain analytics. The network also sits at number 10 overall by total tokenholder count.
The catalyst is straightforward: Opera browser users who meet eligibility criteria can now earn CELO token rewards. That’s a distribution channel of meaningful scale, and it’s translating directly into new wallet holders at a pace no other chain is matching right now.
The numbers behind the surge Celo reports over 700,000 daily active users and transactions, which makes it the most active Ethereum Layer 2 by that metric.
The network’s MiniPay wallet, its flagship mobile product, has crossed 11 million users. That user base isn’t hypothetical DeFi degens rotating between yield farms. It’s largely composed of people in emerging markets using the wallet for actual payments.
Advertisement
Monthly stablecoin volume on Celo surpassed $3 billion entering 2026. The chain has also passed one billion lifetime transactions, a milestone that places it in a relatively exclusive club of networks with demonstrated, sustained usage.
The Opera play and what it actually means Opera has hundreds of millions of users globally, with particular strength in Africa and Southeast Asia, regions where Celo has already concentrated its efforts. Celo isn’t trying to poach users from Arbitrum or Optimism. It’s going after people who may never have held a crypto token before, reaching them through a browser they already use daily.
The CELO rewards act as an onboarding mechanism, turning Opera users into tokenholders without requiring them to navigate exchanges or bridge assets.
Community proposals suggest that grants are tied to the Opera partnership, which means governance discussions are actively weighing the cost of user acquisition against the potential for token dilution.
From L1 to L2, and the tokenomics question Celo’s transition from an independent Layer 1 to an Ethereum Layer 2 has been one of the more interesting architectural pivots in crypto. Rather than competing with Ethereum, the network opted to build on top of it, gaining access to Ethereum’s security and liquidity while maintaining its mobile-first identity.
The chain recently implemented its Jello hard fork, which introduced zero-knowledge fault proofs.
Celo’s community is running a tokenomics redesign initiative that explores buyback-and-burn mechanisms for the CELO token. If implemented, this would create deflationary pressure on token supply, funded presumably by network revenue. A mechanism that systematically removes tokens from circulation could offset the new supply being distributed through programs like the Opera rewards.
What this means for investors The competitive landscape for Ethereum L2s is crowded and getting more so every quarter. Arbitrum, Optimism, Base, and others are all fighting for developer attention and user adoption. Celo’s differentiation is geographic and demographic: it’s not trying to be the fastest chain for DeFi traders. It’s trying to be the default payment rail for mobile users in markets where traditional banking infrastructure is thin.
Investors should watch two things closely. First, whether the tokenholder growth sustains after the initial Opera reward impulse fades. Second, whether the buyback-and-burn tokenomics proposal actually passes governance and at what parameters, since that will determine whether CELO’s supply dynamics shift from inflationary to deflationary.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PANews, July 16 – According to SoSoValue data, the overall crypto market sectors trended narrowly sideways. The RWA sector stood out with a 24-hour gain of 6.40%, as Ondo Finance (ONDO) rose 15.92% and Centrifuge (CFG) rose 2.87%. Meanwhile, Bitcoin (BTC) edged up 0.19%, briefly breaking through $65,000 during the session; Ethereum (ETH) rose 2.92%, breaking above $1,900.
Other sectors that performed well include: the DeFi sector, which posted a 24-hour rise of 0.96%, with ZeroLend (ZERO) surging 28.87%; and the PayFi sector, up 0.32%, with eCash (XEC) gaining 13.68%.
In other sectors, the Meme sector slipped 0.07%, but Pump.fun (PUMP) rose 1.53%; the CeFi sector fell 0.13%, while Mantle (MNT) held relatively firm, up 1.69%; the Layer1 sector fell 0.23%, with Injective (INJ) rallying 3.24% intraday; the Layer2 sector fell 0.34%, with MegaETH (MEGA) bucking the trend to rise 2.39%; and the SocialFi sector fell 2.43%, with Gram (GRAM) declining 2.36%.
July 16, 2026Cooling US macroeconomic data coincided with a historic leap for on-chain institutional finance today. As soft Consumer Price Index (CPI) numbers fuel risk-on market appetite, traditional capital isn't just watching from the sidelines—Wall Street is actively embedding itself directly into public blockchain rails. From multi-million-dollar institutional Ethereum staking yields to historic tokenized equity integrations with legacy clearinghouses, today’s tape is driven by concrete institutional execution. Here is everything you need to know.
$ETH: Institutional Staking Transforms into a High-Margin Corporate RealityWhat Happened Bitmine Immersion Technologies released its latest quarterly disclosures, highlighting a massive pivot toward Ethereum validator operations. The firm generated $45.7 million in Ether staking and validation revenue last quarter—representing a staggering 98% of its total company revenue and a 22x surge compared to the prior-year period. Bitmine confirmed it has now staked over 85% of its treasury (equating to roughly 4.9 million ETH) via its institutional MAVAN platform. Bitmine Chairman Tom Lee noted that once the firm's balance sheet is fully deployed, annualized staking rewards are projected to reach $284 million.Why It Matters Institutional ETH holding is no longer a passive, speculative balance-sheet play; it has evolved into a high-margin, cash-flowing treasury model. With Bitmine capturing nearly 5% of all circulating ETH and converting it into yield-generating validator nodes, liquid market supply is being systematically locked away. Furthermore, with L2 networks like Robinhood Chain clearing over $1 billion in volume while using ETH as their native gas token, real-world fee burn and staking yields are aligning to create a powerful structural backstop for Ethereum.What to Watch ETH is testing the critical $1,900–$1,950 technical resistance zone. Continued corporate treasury staking combined with sustained L2 gas utilization could provide the fundamental force needed to push ETH back above $2,000.HYPE: Spot ETFs Quietly Scale Past $340M in Total AUMWhat Happened While broader retail markets digest macro news, institutional ETP wrappers tracking Hyperliquid ($HYPE) continue to absorb spot supply silently. On July 15 alone, US spot HYPE ETFs captured $2.13 million in single-day net inflows. Grayscale’s flagship Hyperliquid Staking ETF (HYPG) leads the trend, amassing over $128 million in cumulative inflows. Across all approved fund vehicles, total HYPE ETF Assets Under Management (AUM) have officially reached $347 million.Why It Matters Hyperliquid’s evolution from a high-throughput decentralized perpetual venue into a primary piece of on-chain market infrastructure is now receiving clear institutional endorsement via traditional brokerage wrappers. Spot ETPs allow institutional asset managers to gain yield-bearing exposure to HYPE without managing self-custody complexities. With 99% of protocol fees driving programmatic buybacks and ETF structures passing native staking rewards directly back to shareholders, the asset is benefiting from a dual-engine supply sink.What to Watch Watch daily ETP creation and redemption sheets alongside Hyperliquid's open interest metrics. Sustained net daily inflows above $2M will confirm that institutional accumulation remains completely decoupled from short-term retail sentiment.$ONDO: Ondo Finance Partners with the DTCC for First Live Tokenized Stock IssuancesWhat Happened In what marks TradFi’s most significant blockchain deployment of 2026, Ondo Finance launched the first-ever tokenized stock representations backed by DTC Tokenized Entitlements generated via the Depository Trust & Clearing Corporation (DTCC). Using digital twin architecture, Ondo put tokenized representations of Circle stock (CRCLon) and the SPDR S&P 500 ETF (SPYon) live on-chain. Connecting through broker-dealer Alpaca Markets, the underlying securities remain safely in DTC custody while digital twins trade freely on-chain.Why It Matters The DTCC is the absolute central nervous system of global finance, clearing and settling $114 trillion in annual asset transactions. Rather than trying to bypass legacy capital markets, Ondo is building the compliant bridge that allowed the DTCC to launch its largest tokenization initiative to date alongside BlackRock, JPMorgan, Goldman Sachs, and the NYSE. With the full DTCC Tokenization Service scheduled for a global production rollout in October 2026, Ondo has positioned its protocol at the exact epicenter of Wall Street’s shift on-chain.What to Watch Keep a close eye on partner integrations across exchanges, wallets, and DeFi money markets leading up to the October rollout. As secondary market liquidity for CRCLon and SPYon expands, $ONDO serves as the core tokenized stock infrastructure play.SummaryToday's session is a clear demonstration that crypto market fundamentals are maturing rapidly. Soft macro inflation provides the near-term tailwind, but long-term value is being driven by structural adoption: Ethereum is yielding hundreds of millions for public corporations, Hyperliquid is capturing traditional fund flows, and Ondo is tokenizing the $114 trillion legacy stock clearing system.Trade ETH, HYPE, and ONDO with institutional execution tools on WOO X PRO: wooxpro.com
Risk Disclaimer
The content above is for general informational purposes only and does not constitute investment advice, a recommendation, solicitation, or offer to buy or sell any product or service.Cryptocurrencies and related instruments involve significant risks, including extreme volatility. You should carefully consider your investment objectives, experience, and risk tolerance before engaging in any crypto-related activities. We strongly recommend consulting a qualified independent financial advisor before making any decisions.WOO shall not be liable for any direct or indirect loss or damage arising from the use of or reliance on this information.
