AI chip stocks have cooled fast. The SOXX fund, which tracks the semiconductor index, sits about 15.7% below its June high, and after a long run of dip-buying, retail traders have started selling.

That flip is the rare signal Scott Rubner, Head of Equity Derivatives Strategy at Citadel Securities, just flagged. One that has marked past selloff lows, or rather, local bottoms.

What Rubner Flagged

In a July investor note, Rubner said retail clients turned net sellers of chips on two down days, July 2 and July 7, as the Philadelphia Semiconductor Index (SOX), the benchmark for major chip makers, fell about 5%. Selling into a falling SOX is rare.

Note: We chart SOXX, the exchange-traded fund that tracks the SOX index, because the index itself cannot be traded.

Moreover, he counted only about eight such episodes over the past year. Nearly all arrived late in a selloff, just before chips bounced. That’s the AI chip bottom thesis this piece chases.

Citadel sees this through payment for order flow, the arrangement that lets it handle retail trades and read their positioning. That data is not easily accessible.

Why We Rebuilt the AI Chip Signal

Because that order flow is private, we rebuilt the signal from public data. Our proprietary Retail Capitulation Radar (RCR) tracks two leveraged chip funds, SOXL and SOXS, which aim to move two or three times the semiconductor index each day.

Retail traders dominate them. The RCR is our own bottom signal detector.

When retail dumps the bullish fund or crowds into the bearish one as chips drop, the behavior shows up in that trading. On the test, the strict signal fired twice, both in early March 2026.

The chart shows why that matters. SOXX has dropped about 16% from its June high, yet it still trades roughly 80% above that March base, where the signal last fired.

Here is the honest part. Citadel counted eight episodes, yet the public proxy (our metric) confirmed only two, and it did not reproduce the exact July signal on the chart. That gap cuts both ways. Either our proxy runs too tightly, or public data missed what Citadel’s private order book saw.

Another Historical Pattern Shows Similarity

Still, both datasets point the same way. In Rubner’s retail-selling episodes since February, chips rose over the next five to ten days every time, with a median gain near 18% over ten days, and the March case rose about 29%.

The proprietary radar above is deliberately strict, which is why it fired only twice. So we also ran a second, loser test that flags any two-day drop with broad chip weakness. That wider net catches more cases, ten in all, and it broadly agrees, with a median gain near 7% over the next ten days.

However, this test is noisier. One late-February episode kept sliding for three weeks before recovering, so the rebound is a direction, not an immediate rule.

What the AI Chip Signal Says Now

Timing matters here. Citadel flagged the move in early July, and chips have rallied since, so the setup is aging rather than fresh.

For now, the radar reads idle. It fires only when heavy retail selling meets a falling market. Today the selling pressure is elevated but still short of that mark, and the latest session jumped 5.45% (from the Tradingview chart), an up day the tool ignores.

Yet the pressure on the AI chip stocks has not cleared. Nvidia and AMD absorbed the selling best, holding buying support while their prices slipped, unlike most peers, so they would likely lead any turn back up.

The next trigger is close. Intel reports earnings on July 23, and options traders are leaning bearish into it. Puts outnumber calls on both volume and open positions, and the market braces for a 5.2% swing around the report.

So the story is not over. A weak Intel print could send AI chip stocks lower again. That would re-arm the bottom signal that sits idle today. That is why the options crowd is paying for protection rather than trusting the bounce.

The post $67 Billion Hedge Fund Flags a Rare AI Chip Signal for Stock Markets appeared first on BeInCrypto.

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Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to test AI applications in financial services.

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ADA is trading at $0.1715, down about 3% after rallying by 7% the previous day, just before the Midnight bridge hack. The timing could hardly be worse. The exploit has handed Cardano bears a fresh price prediction, leaving us wondering how much further sentiment can weaken before buyers return.

BlockSec’s Phalcon monitoring flagged an exploit on the Wanchain Cardano-to-BNB Chain bridge that drained about 515 million NIGHT tokens, worth $9 million. Investigators linked the attack to a signed message encoding flaw in the TreasuryCheck validator that enabled signature reuse. As a result, unauthorized withdrawals emptied most of the bridge treasury.

NIGHT plunged more than 30%, briefly hitting a record low near $0.015 before stabilizing. The stolen tokens represented the bridge’s reserves rather than user wallets, and Midnight said its core blockchain and validators remained unaffected. Still, that distinction did little to calm traders as selling pressure spread across exchanges.

Bridge exploits rarely stay confined to one token. With Midnight viewed as an important project within the Cardano ecosystem, confidence quickly spilled into ADA. Yesterday’s rally vanished as traders rushed to reduce risk, leaving ADA under pressure even though the exploit targeted third-party bridge infrastructure instead of Cardano itself.

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Cardano Price Prediction: Can ADA Reclaim $0.20 This Week?

ADA is trading near $0.1715, keeping it in the lower half of its recent range. Support remains around $0.16, while the $0.18 to $0.20 zone continues to reject rallies. The seven-day recovery has faded after the Midnight Bridge hack, leaving momentum fragile instead of convincing.

The technical structure still points to consolidation rather than a confirmed reversal. Many traders continue watching the $0.18 to $0.20 area as the key decision zone. A strong close above that range could open the door to $0.25, while another rejection may send ADA back toward $0.16.

Cardano (ADA)

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The best case depends on improving market sentiment and a credible recovery plan from the Midnight team. If confidence returns and ADA reclaims $0.20 with strong volume, buyers could target $0.25. That would also help restore confidence across the Cardano ecosystem.

The base case remains a period of sideways trading between $0.16 and $0.20 as traders assess the exploit’s impact. However, if sentiment worsens and ADA loses $0.16, sellers could quickly push the price toward $0.15 or lower.

Bridge exploits remain one of crypto’s biggest security risks, and this incident is another reminder. As Cardano expands its sidechain ecosystem, security will remain a top priority. Until confidence fully returns, ADA rallies may continue running into selling pressure.

Trade Cardano and Midnight on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

LiquidChain Targets Early Infrastructure Upside as Cardano Tests Key Levels

The Midnight exploit cuts to a structural problem that predates Cardano: fragmented liquidity across chains creates both security attack surfaces and execution inefficiency. Traders rotating out of ADA exposure, or simply reassessing ecosystem risk, are scanning for infrastructure plays where the thesis doesn’t hinge on a single bridge’s validator code holding up.

LiquidChain is a Layer 3 infrastructure project built around a Unified Liquidity Layer that fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment. The architecture is designed around Deploy-Once access, so developers write once and reach all three ecosystems.

Liquid is also equipped with Verifiable Settlement and Single-Step Execution as core primitives. As of today, the presale has raised $915K at a current price of $0.01482 per $LIQUID.

The cross-chain problem LiquidChain is targeting is demonstrably unsolved, as today’s exploit underlines. Research LiquidChain here before the raise closes.

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The post Cardano Price Prediction: Midnight Hacked, Cardano Rally Canceled appeared first on Cryptonews.

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The U.S. Securities and Exchange Commission (SEC) has signaled that one of decentralized finance’s fast-growing sectors could face greater regulatory scrutiny.

In a statement Wednesday, Commissioner Hester Peirce said crypto vaults and onchain lending strategies may fall under federal securities laws depending on how they are structured and managed.

While many crypto activities lie outside the SEC’s jurisdiction, she cautioned that moving them onto blockchain rails does not automatically change their legal status.

“Tokenized securities are still securities,” Peirce said, echoing her earlier remarks. “That principle holds for vaults.”

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“If you do headstands, backflips and other gymnastics to read the law so that it does not apply to crypto assets and activities that are well within the scope of the federal securities laws, you will have a painful fall,” she added.

Her comments rippled across the crypto market. MORPHO$1.9604, one of the largest providers of vault infrastructure, fell roughly 5% following the statement, underperforming the broader crypto market.

Vaults have become one of DeFi’s fastest-growing products by allowing users to deposit crypto into smart contracts that automatically allocate capital across lending markets and other yield-generating strategies. Users receive returns while the vault’s rules, or in some cases professional managers known as vault curators, determine where funds are deployed.

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AMD stock jumped roughly 12% on Wednesday after Anthropic agreed to deploy up to 2 gigawatts of AMD’s Instinct MI450 GPUs. AMD will also invest up to $5 billion in the Claude maker.

Anthropic is AMD’s third gigawatt-scale AI customer in nine months, after OpenAI and Meta. However, this deal is much cheaper for AMD. That is why Wall Street cheered.

Inside the AMD Anthropic Deal

AMD confirmed the deal in a Wednesday announcement. Anthropic will run AMD’s Helios rack systems. These combine Instinct MI455X GPUs, EPYC “Venice” CPUs, Pensando networking, and ROCm software. The first gigawatt arrives in the first half of 2027.

Anthropic already uses AMD’s older MI355X chips, so the partnership is not new. The two firms will also team up on software. Claude will tune workloads for AMD chips and speed up ROCm. That matters because ROCm still trails Nvidia’s CUDA, the software that keeps most AI labs loyal to Nvidia.

The $5 billion pledge is AMD’s first direct stake in Anthropic. It gets paid out as deployment targets are met. The Wall Street Journal reported the servers are worth tens of billions of dollars.

That fits record AI chip demand this year. AMD chair and CEO Lisa Su said the two engineering teams had worked together for some time.

AMD Stock Rally Tightens the Race With Nvidia

In two days, AMD gained about $85 billion in market value. Its market cap now tops $908 billion. Nvidia also gained about 6%, even after it briefly lost its crown as the world’s most valuable company this month.

Why does the structure matter? AMD gave OpenAI and Meta warrants for up to 160 million shares each. Combined, that is about a fifth of the company. Anthropic got no warrants, just a capped cash stake. Jefferies analyst Blayne Curtis, who has a $615 target on AMD, said the terms would matter more than the win itself.

Anthropic, meanwhile, buys compute from almost everyone. In April, it pledged over $100 billion in AWS spending over 10 years for up to 5 gigawatts of Amazon’s Trainium chips. It also trains on Google’s tensor processing units (TPUs) and Nvidia GPUs. That spending supports the wider semiconductor stocks bull case.

“Access to compute is central to keeping Claude at the frontier and meeting demand from our customers. … Running across a diversified range of hardware lets us map the right workloads to the right hardware,” Tom Brown, Anthropic co-founder and chief compute officer, said in the official statement.

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AMD says Helios shipments remain on track for late 2026. The next test is simple. Can AMD keep winning big AI labs without giving away equity? The answer may decide whether this rally lasts, especially as US chip stocks wobble on China fears.

The post AMD Stock Jumps 10% on Anthropic Deal: Can Nvidia’s Lead Hold? appeared first on BeInCrypto.

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• XRP holds above the $1.13 breakout level.
• Whale selling drops as large holders increase accumulation.
• XRPL daily payments surpass 500,000 transactions.

XRP recently moved above the $1.13 level, a price zone that many traders had been watching as a major resistance area.

Holding above this level has shifted attention toward higher resistance levels, with market analyst Dark Defender identifying $1.22, or approximately $1.2269, as the next upside target using Elliott Wave analysis and Fibonacci extension levels.

XRP a clear break and expected to complete the 5 Wave structure we set on 30 Jun. I will add it as a second post for you to check!

$1.13 is the KEY. $1.22 is in sight. (NFA)

Enjoy your day!#XRPArmy #ripple pic.twitter.com/gPCyQQgfzO

— Dark Defender (@DefendDark) July 21, 2026

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Dark Defender’s analysis suggests that maintaining support above the breakout zone remains critical for the bullish structure to stay intact.

A sustained move above the current range would strengthen the technical setup, while a drop back below the breakout level could trigger another test of lower support.

Golden cross and breakout strengthen XRP’s technical picture

Another development attracting attention is the appearance of a golden cross, a chart pattern that occurs when a shorter-term moving average crosses above a longer-term moving average.

This signal has historically been associated with improving medium-term momentum.

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Although a golden cross does not guarantee higher prices, it is widely regarded as one of the stronger confirmation signals when it appears alongside a confirmed breakout.

The combination of a resistance breakout and a golden cross has created a stronger technical backdrop than either signal would have provided independently.

Focus is now on whether XRP can build enough momentum to challenge the next resistance area identified by Dark Defender.

Whale accumulation replaces heavy selling pressure

On-chain data has also shown a noticeable change in the behaviour of large XRP holders.

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Recent blockchain metrics indicate that whale selling pressure has dropped to its lowest level recorded since 2025.

Earlier in the year, hundreds of millions of XRP were regularly transferred by large holders to exchanges, increasing potential selling pressure.

Those exchange inflows have since declined sharply, suggesting that major holders are becoming less active sellers.

At the same time, blockchain data points to accelerating whale accumulation, indicating that some large investors are increasing their XRP positions instead of reducing them.

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Normally, buying activity from large wallets reduces immediate selling pressure on the market.

Even so, whale accumulation alone does not determine future price direction. A sustained rally still depends on broader market demand and continued buying interest across both institutional and retail participants.

XRPL network activity reaches important milestone

Beyond price action, the XRP Ledger has also recorded stronger network usage.

Daily payment activity on the XRPL recently climbed above 500,000 transactions, marking one of the strongest levels of network utilisation in recent months.

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Payment volume is one of the key indicators used to measure blockchain activity because it reflects how frequently the network is being used for transfers and settlement.

The increase in payment activity comes alongside growing development across the XRPL ecosystem, including projects focused on integrating artificial intelligence with blockchain infrastructure.

While these initiatives are still developing, they point to broader activity taking place beyond simple token trading.

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Three progressive organizations, Indivisible, Demand Progress, and the Revolving Door Project, sent a letter Tuesday evening to every Democratic Senate office, criticizing Sen. Kirsten Gillibrand over her son’s ties to the crypto industry. The move complicates her effort to broker a compromise on the CLARITY Act unresolved ethics provisions. It also signals that Senate Democrats backing the bill face an organized political campaign, not just a policy disagreement.

The letter portrays Gillibrand, chair of the Democratic Senatorial Campaign Committee, as vulnerable to the same criticism Democrats have directed at President Donald Trump’s crypto ventures. The groups argued that attacks on Trump’s crypto profits lose force if a leading Democratic negotiator has close family ties to the industry.

Meanwhile, Gillibrand has repeatedly called for elected officials and their spouses to avoid issuing or sponsoring digital assets.

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60 Votes and a Tight Timeline

The CLARITY Act is the most comprehensive crypto market structure bill proposed in the United States. Passing it requires 60 Senate votes, meaning Republicans still need several Democratic supporters beyond those who backed it in committee.

Sens. Ruben Gallego and Angela Alsobrooks voted in favor during the Senate Banking Committee review, leaving leadership searching for additional votes.

At the same time, bipartisan ethics talks continue on multiple fronts. Sens. Bernie Moreno and Cynthia Lummis are working with the White House on compromise language, while Sen. Thom Tillis leads separate bipartisan negotiations. Although no draft has been released, reports suggest discussions are progressing. The debate still centers on how ethics rules should apply to public officials and their families.

Fairshake, the crypto industry’s leading super PAC, also hangs over the negotiations. The group holds roughly $125 million in available funds, raising political stakes ahead of the 2026 midterm elections. As a result, both parties have incentives to reach a deal, while progressive groups continue warning against weak ethics provisions.

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CLARITY Act and GENIUS Act Echoes Return

The current standoff closely resembles last year’s GENIUS Act debate, when Senate Democrats clashed over crypto regulation and Trump’s financial connections to the industry. That legislation ultimately secured support from 18 Senate Democrats after lengthy negotiations. Now, the CLARITY Act faces similar internal pressure, familiar lobbying efforts, and another race against the legislative calendar.

Gillibrand again sits at the center of negotiations, and her ability to unite Democrats on an acceptable ethics compromise could determine whether the bill advances. The Senate is expected to consider the legislation before the August recess. Until negotiators release the final ethics language, the battle remains focused on political positioning rather than legislative text.

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The post CLARITY Act Ethics Fight Targets Gillibrand as Progressive Groups Raise Political Stakes appeared first on Cryptonews.

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SEC Commissioner Hester Peirce said crypto vaults and onchain lending products may fall under US securities laws, urging developers to assess whether products that actively manage user assets require regulatory compliance.

In a statement published Wednesday, Peirce said crypto vaults and lending strategies that involve discretionary decisions, including allocating assets, selecting yield-generating activities, setting lending terms and determining liquidation thresholds, may fall within the scope of federal securities laws depending on their structure and operation.

She said some vaults could be treated as securities offerings or investment companies, while parties managing vault allocations or lending parameters could also trigger investment adviser requirements.

Peirce said that some onchain loans may also qualify as securities depending on how they are structured, distributed and used.

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“Moving activities that fall within the scope of the federal securities laws onchain, as a general matter, does not take those activities outside the scope of the laws the Commission administers,” Peirce said.

Peirce urged developers and operators to consult the SEC if their products may fall within its jurisdiction and invited feedback on how existing rules could better accommodate onchain finance.

Related: SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme

Crypto vaults grow as regulators scrutinize onchain yield products

Crypto vaults pool user assets into onchain strategies designed to generate yield through lending markets, staking or liquidity pools. Their use has expanded this year as companies package sophisticated DeFi strategies into products aimed at both retail and institutional investors.

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In April, Sentora opened its Smart Yield platform to the public, allowing users to compare and access DeFi vaults based on strategy, yield and risk metrics. Earlier, Wallet in Telegram launched self-custodial Bitcoin (BTC), Ether (ETH) and USDT (USDT) vaults that provide automated yield generation without requiring users to transfer assets to a centralized custodian.

Kraken followed in May with a Bitcoin vault offering up to 2.5% variable APY by deploying wrapped Bitcoin across decentralized lending protocols including Aave and Morpho. Rewards are paid in Bitcoin and fluctuate based on borrowing demand in the underlying markets.

The products have also exposed users to technical risks. In December, decentralized finance protocol Yearn disclosed a roughly $9 million exploit affecting its legacy yETH yield vault, though the protocol said its V2 and V3 vaults were not effected.

If crypto vaults were to fall under federal securities laws, their operators could be required to register with the SEC or qualify for exemptions while complying with disclosure and other regulatory requirements.

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Source: Yearnfi

Magazine: The digital euro: Surveillance money, or a better alternative to cash?

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Aave Labs launched Stable Vaults on Thursday, infrastructure that lets fintechs, wallets, exchanges and payment providers embed fixed-rate stablecoin yield into their own products, the company said in a blog post. The vaults convert variable onchain lending rates, drawn from Aave V3 and V4 markets… Read the full story at The Defiant

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