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Whales Keep Loading Up on Cardano While Retail Dumps ADA

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Cardano’s largest holders have been increasing their exposure even as smaller investors reduce theirs, according to Santiment’s latest supply distribution data.

Wallets holding between 100,000 and 100 million ADA now collectively own more than 25.6 billion coins. The figure is the highest balance since February 2023. On the other hand, wallets holding fewer than 100 ADA have reduced their holdings by about 0.7% over the past four months.

Whales See Opportunity

Santiment said this trend comes as ADA faces intense FUD. The crypto asset’s price performance in 2026 fell short of expectations, and it recently traded near multi-year lows. Last week’s upside push toward $0.2 proved futile after ADA quickly pulled back. It slid to $0.15 and was down more than 11% over the past week. Despite that backdrop, major holders have continued accumulating.

The analytics firm pointed to several ongoing developments within the Cardano ecosystem, including work on the Leios testnet, continued Hydra scaling upgrades, progress on Mithril, integration of Pyth oracles, and new ecosystem funding initiatives.

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These combined factors – whale and shark accumulation, declining retail participation, and persistently weak sentiment – represent one of the healthier market setups ADA has shown so far this year, although it does not necessarily signal an immediate price reversal.

String of Setbacks

2026 has been challenging for Cardano as the ecosystem has witnessed a series of setbacks. This month, EMURGO announced it was stepping down from the Cardano Pentad, the network’s governance group, to focus its resources on helping users recover from the SecondFi exploit. One community member described the exit as worrying and speculated that the organization may have run out of funds following the SecondFi exploit.

Earlier in the year, analytics platform TapTools shut down, while the planned 2026 Singapore Summit was called off. During the same period, Charles Hoskinson also warned that a “wave of failures” could hit DeFi projects built on the network. The developments came even as the ecosystem continued pushing ahead with technical upgrades behind the scenes.

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Premium Claude AI Model Fable 5 Predicts Bold Bitcoin Price Target by End of 2026

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Premium Claude AI Model Fable 5 Predicts Bold Bitcoin Price Target by End of 2026

Claude Fable 5 looked at Bitcoin sitting at $62,000 and landed on $100,000 as the bull case price prediction. That is a predicts for a 61% move higher from a chart that just lost half its value.

The bull argument leans on the plumbing rather than the price. ETF inflows flipped positive on July 2 for the first time in 10 sessions, with $221M coming back in.

Fear and Greed is parked at 23, which is Extreme Fear, and that reading has historically marked the entry of convictions. Spot ETFs now hold roughly $80 billion in BTC, so there is a structural bid no earlier cycle enjoyed.

Bernstein argues that this ownership base has stretched the four-year cycle into something longer and shallower, which is a thesis with real merit.

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Source: Claude AI Bitcoin Price Prediction

Standard Chartered still carries a $100,000 year end target and calls this sell off a buying opportunity. The July 28 to 29 FOMC meeting is the swing factor. A dovish pivot softens the dollar, compresses yields, and pushes institutional money back toward risk.

The bear side is not a thought experiment. June was the worst ETF month on record with $4.5 billion in outflows. Citi cut its 12 month target from $112,000 to $82,000 and now models zero new ETF inflows for a full year.

Strategy sold Bitcoin for the first time since 2022, which is a signal from the most stubborn holder in the space. A head and shoulders pattern on the 3 day chart projects a measured move near $42,000 if the $55,298 Fibonacci neckline breaks. PlanB and Glassnode both flag Q4 2026 as the likeliest bottom window.

Bitcoin (BTC)
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Bitcoin Price Prediction: The $55,298 Trapdoor Standing Between Fear and $100,000

Price structure is ugly and honest about it. Bitcoin topped near $126,000 in October 2025 and has carved lower highs ever since. The February gap down through $84,000 was the structural break.

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May rallied to roughly $82,000 and failed, confirming the pattern. Now we sit at $62,155 after a 2.49% daily loss, with the session high at $64,385 and the low at $61,750.

That is the head and shoulders playing out on the higher timeframe. Support is layered at $59,500, then the $55,298 neckline. Resistance stacks at $64,000, $68,000, and $73,000. RSI reads near 42 with the signal line around 46.

The negative gap means momentum is fading beneath its own average, so bounces are being sold. That is not capitulation, it is exhaustion.

For $100,000 to happen, buyers need to reclaim $68,000 first and hold $59,500 in the meantime. Lose the neckline and the Fable 5 bear number stops being theoretical.

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You Might Like What Claude AI Predicts About LiquidChain

The rotation is already underway. Most people will recognize it after it has already happened.

Meta AI predicts that large caps are not broken. They are capped. Bitcoin, Ethereum, and XRP have been pressing against the same bands for weeks with nothing breaking through. The macro tailwinds keep getting rescheduled. The institutional inflows keep getting pushed back another quarter. Waiting on catalysts outside your control is not positioning. It is just waiting.

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A capital that has navigated enough cycles does not sit at resistance. It moves before the destination has a name.

Early-stage infrastructure operates on different math. A small enough market cap means a modest rotation produces dramatic movement. The returns come from the gap between what something is genuinely worth and what the market has priced it at. That gap only exists while the project stays undiscovered.

Multi-chain fragmentation bleeds DeFi every single day. Bitcoin, Ethereum, and Solana run completely isolated systems with no native way to connect them. Every user crossing those boundaries pays in fees, slippage, and failed transactions. Every single time.

LiquidChain collapses all 3 into a single execution layer. One deployment. Full ecosystem access. No cross-chain tax anywhere.

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The market has not found this yet. That is the entire point.

The presale is at $0.01454 with just over $890,000 raised. Ground floor is a description, not a pitch.

Explore the LiquidChain Presale

The post Premium Claude AI Model Fable 5 Predicts Bold Bitcoin Price Target by End of 2026 appeared first on Cryptonews.

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Coinbase Reportedly Opens Easier Access for Mainland China: Test of Tolerance or Calculated Gamble?

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Chinese text reads

Coinbase has reportedly begun accepting Chinese national IDs and mainland addresses for account verification, based on user reports circulating on July 14. Reports suggest Coinbase staff confirmed the change for users in China.

Responding to BeInCrypto’s request for comment, Mary-Kate Collins, head of international communications at Coinbase, pointed to the company’s offshore platform without directly confirming the mainland verification change.

Coinbase International Exchange allows customers in more than 100 countries to onboard and trade a variety of products, including crypto, equities and commodities.”

Follow us on X to get the latest news as it happens

Coinbase has made no public announcement, and its own support documentation still lists a passport as the only accepted document for the country. The gap leaves the scope of the change unclear.

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Coinbase Reports Contradict Official China Documentation

Until now, mainland residents faced steep verification hurdles. The process previously required a Chinese passport and a Hong Kong address, documents many potential users lack.

Multiple social media users posted screenshots of successful sign-ups on Monday. The company’s help center still tells a different story.

Chinese text reads
Chinese text reads “This is taking longer than expected.This may take up to an hour. Once verification is complete, we will notify you by email. You can close this screen.” Source: user on X

Its identity verification page lists a passport as the sole supported document for China and marks proof of address as not available. The discrepancy may reflect a staged rollout. However, Coinbase has confirmed nothing, and access could narrow as quickly as it appeared.

Testing the Limits of Beijing’s Crypto Ban

The People’s Bank of China and nine other agencies outlawed crypto trading in a September 2021 notice. It declared services from offshore exchanges to mainland residents illegal financial activity. Huobi, then among the largest exchanges globally, stopped accepting Chinese users within days.

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Enforcement has tightened since. Regulators widened the crypto ban to stablecoins and tokenization in February, while a separate offshore broker crackdown hit mainland trading channels in May.

Coinbase is not first through the door. OKX and other rivals have long served some Chinese users through offshore channels.

The difference lies in visibility. A US-listed exchange easing mainland onboarding invites scrutiny that offshore competitors rarely attract, particularly as Washington frames crypto as strategic competition with China.

The scale of what Beijing shut down is measurable. Cambridge data showed China produced over 75% of global Bitcoin (BTC) hashrate, the network’s computing power, in September 2019. That share collapsed to near zero by July 2021 after the mining ban.

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Even partial re-entry by mainland retail would therefore represent a meaningful pool of demand. For users, though, the legal exposure is real. Trading remains prohibited for mainland residents regardless of which platform accepts their documents.

Both readings of the move can be true at once. For Beijing, tolerance is now being tested in public. For Coinbase, a rollout with no announcement and unchanged documentation looks like a gamble kept deliberately reversible.

China’s ban-or-build crypto approach has so far channeled regulated activity through Hong Kong. Updated help pages in the coming weeks would signal commitment. Quietly closed doors would answer the question the other way.

The post Coinbase Reportedly Opens Easier Access for Mainland China: Test of Tolerance or Calculated Gamble? appeared first on BeInCrypto.

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JPMorgan warns Hyperliquid deal could squeeze Circle and Coinbase

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can HYPE hit $100 in 2026?

JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves will be divided.

Summary

  • JPMorgan cut earnings forecasts for Circle and Coinbase after the Hyperliquid USDC deal.
  • The bank warned new revenue-sharing terms could pressure stablecoin profit margins.
  • Analysts remain divided as higher interest rates may still support USDC earnings growth.

According to a JPMorgan research note, the revised agreement could reduce the long-term profitability of the USDC business for both companies, even as they continue pursuing higher adoption of the dollar-backed stablecoin.

The bank argued that competition among distribution partners may force issuers to give away a larger share of reserve income to secure market share.

New revenue-sharing terms reduce reserve income

Under the arrangement highlighted by JPMorgan, Coinbase will classify USDC held on Hyperliquid as “on-platform” balances. As a result, Coinbase will receive the reserve income generated by those deposits but will return 90% of that revenue to Hyperliquid instead of splitting the proceeds with Circle under the companies’ existing economic arrangement.

JPMorgan estimated that Hyperliquid currently holds about $6 billion worth of USDC, representing roughly 8% of the stablecoin’s circulating supply. Because of the platform’s growing role in the USDC ecosystem, the bank believes the revised economics could have a noticeable effect on future earnings for both Circle and Coinbase.

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Describing the competitive dynamic, JPMorgan said both companies face pressure to increase USDC usage even if doing so requires surrendering a larger portion of reserve revenue to distribution partners. The bank characterized the situation as one in which efforts to expand adoption could come at the cost of lower profitability.

The revenue-sharing concerns follow an announcement made on May 14, when Circle and Coinbase revealed a partnership with Hyperliquid to deepen USDC integration across the crypto trading platform. Hyperliquid operates both a Layer-1 blockchain and a decentralized exchange offering spot and perpetual futures markets.

Since June 11, USDC has become Hyperliquid’s preferred stablecoin, strengthening the platform’s importance within Circle’s distribution network. JPMorgan said the commercial terms supporting that expansion, rather than the growth in usage itself, have become the main issue for investors evaluating future earnings.

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Wall Street remains divided on Circle’s outlook

Elsewhere on Wall Street, analysts have reached different conclusions about Circle’s long-term prospects. Mizuho has also taken a more cautious stance on the company, downgrading the stock as concerns grow over whether expanding USDC adoption will continue to generate attractive economics.

By contrast, Bernstein and William Blair have maintained positive ratings on Circle, indicating they still expect the stablecoin issuer to benefit from continued growth in digital dollar usage despite increasing competition for distribution partnerships.

Even after cutting its earnings estimates, JPMorgan said it continues to forecast growth in USDC-related earnings through 2027. The bank attributed that expectation to its interest-rate outlook, which now includes a 25-basis-point Federal Reserve rate increase at the October 2026 meeting.

Higher rates generally increase the income earned on the cash and Treasury reserves backing USDC, providing an offset to the revenue-sharing concessions outlined in the Hyperliquid agreement.

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For investors, the latest debate has shifted attention away from USDC’s circulating supply alone and toward how reserve income is divided among issuers, exchanges, and distribution partners. JPMorgan’s analysis suggests that while adoption can continue rising, the financial value retained by Circle and Coinbase may come under increasing pressure as more platforms negotiate similar commercial terms.

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Three US Senators Oppose CLARITY Act on Ethics Grounds with Vote Expected Soon

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Three US Senators Oppose CLARITY Act on Ethics Grounds with Vote Expected Soon

The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers, while some Democrats continue to push for ethics provisions.

In a Tuesday press conference, Senators Chris Murphy, Jeff Merkley, and Chris Van Hollen spoke alongside representatives for Americans for Financial Reform and Indivisible and Hollywood actor Ben McKenzie in opposition to the Digital Asset Market Clarity (CLARITY) Act. The lawmakers said that the bill did not address what they called “[Donald] Trump’s crypto corruption,” referring to the US President’s ties to the industry through his memecoin, his family’s World Liberty Financial company and other businesses and investments.

“There is no reason to pass a new regulatory system for crypto if this system does not stop Trump’s corruption of the entire industry,” said Murphy. “This bill is worthless if it protects Trump’s dominance over an industry that he will have more control to regulate. In fact, the bill is in and of itself a fundamental corruption if it gives Trump’s corruption the protection of law.”

Senator Chris Murphy (third from left) addressing the press on Tuesday with Senator Chris Van Hollen (left). Source: Chris Murphy

The CLARITY Act has been under discussion in the US Senate since being passed by the House of Representatives almost a year ago this week as part of the Republicans’ “Crypto Week” agenda, in which the GENIUS stablecoin bill was also signed into law. The bill needs to meet a 60-vote threshold to pass the Senate and return to the House, meaning that some Democrats will need to support the legislation with Republicans’ slim majority in the chamber.

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Related: ABA, state banking groups push back on CLARITY Act stablecoin yield provisions

Van Hollen, Murphy and Merkley are not the only Senate Democrats saying they will not support the bill without a clear carveout for ethics following Trump disclosing that he earned $1.4 billion from his crypto ventures in 2025. Senator Elizabeth Warren, an outspoken voice in the chamber against many crypto-related issues, has also called for the legislation to address what she called “brazen financial corruption.”

Despite the pushback from many lawmakers, the CLARITY Act has the support of two law enforcement organizations. The National Organization of Black Law Enforcement Executives and the Federal Law Enforcement Officers Association have backed the crypto bill, saying it would help address digital asset-related crime.

Senate majority leader says vote will happen before August work period

John Thune, majority leader in the US Senate, pledged to hold a vote on the crypto bill before the chamber breaks for a state work period on Aug. 10, according to Bloomberg. The exact timing of the vote was not available on the Senate calendar as of Tuesday.

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The CLARITY Act already has support from Trump, who on Monday urged members of the Senate to pass the bill “in honor of” Senator Lindsey Graham, who died over the weekend. The president said that the South Carolina lawmaker had been “a big supporter” of the legislation, but Graham did not appear to have made any public statements directly supporting CLARITY.

The senator’s death left Republicans with a 52-47 majority in the chamber and, with Senator Mitch McConnell still hospitalized as of Tuesday, the party could only have 51 lawmakers present at the time of the potential vote.

Senator Cynthia Lummis, one of CLARITY’s proponents in Congress, said on Monday that lawmakers would release the text of the bill “in the next few days.”

Magazine: Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor

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Perplexity AI Predicts XRP Will Hit This XRP Price by End of 2026

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Perplexity AI Predicts XRP Will Hit This XRP Price by End of 2026

Perplexity AI took one look at XRP hovering at $1.06 and floated a $3 to $5 price prediction for 2026. That predicts a coin that has bled for 12 straight months to nearly quintuple.

The bull case rests on XRP graduating from a trade into a utility asset. Perplexity points to institutional demand continuing to build, ETF inflows staying sticky, and Ripple’s payments network absorbing real volume.

Stack those together, and you get what the model calls a supply shock layered on top of a narrative repricing. That is the combination that historically moves a coin in multiples, not percentages.

Source: Perplexity AI XRP Price Prediction

Sticky ETF money matters more than hot money because it does not flee on a red week. If the payments rails keep pulling XRP out of speculative circulation, float shrinks while attention grows.

From $1.06, the math to $3 does not need heroics. It needs one quarter where the story finally matches the flows.

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The bear case is simpler and, right now, better supported by the tape. Perplexity flags the scenario where inflows fade, adoption stays slower than promised, and broader crypto risk appetite keeps weakening.

In that world XRP just sits trapped between $1 and $1.50 while the headlines keep promising something else. That range has been the entire life of this coin since February. Nothing about the last five months suggests the trap has sprung open.

Xrp (XRP)
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XRP Price Prediction: The 12 Month Bleed That Has To Reverse Before $3 Means Anything

XRP is in a textbook downtrend, and it is not close. Price peaked near $3.66 in August 2025 and has printed lower highs every single month since.

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The October flush through $2.40 and the February gap down through $1.20 were the two structural breaks that defined the year. Since February, XRP price has coiled between roughly $1.30 and $1.60, then broke lower in June.

That is a descending channel, and continuation is the base case until proven otherwise. Today closed at $1.06696, down 1.70%, with the session high at $1.10181 and the low at $1.05582. Support sits right here at $1.05, then $1.00 psychologically. Resistance is layered at $1.20, then $1.40, then the February shelf at $1.60.

RSI reads roughly 41 with the signal line near 45. The gap is negative, meaning momentum continues to slide below its own average. That is not a bottom, that is a slow drip.

For the Perplexity bull number to live, XRP has to reclaim $1.20 and then take back $1.60. Until then, the $1-$1.50 range is the chart’s actual forecast.

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Here is What Perplexity AI Predicts For LiquidChain Near Future, Very Bullish

Sitting at resistance waiting for a breakout is not positioning. It is standing in line.

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Bitcoin, Ethereum, and XRP have been pressing against the same ceilings for weeks. The catalyst that unlocks the next leg is perpetually one data print away.

The institutional inflows are perpetually next quarter. Every large-cap trader waiting for a breakout is waiting on a decision that belongs to someone else’s balance sheet.

Early-stage infrastructure plays by completely different rules, Copilot AI predicts. Capital that would vanish as statistical noise at Bitcoin’s scale moves a small undiscovered project by multiples.

The asymmetric return lives in one place only: the gap between what something is genuinely worth and what the market currently thinks it is worth. That gap exists because the project has not been found yet. The moment it gets found, the gap is gone.

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Cross-chain fragmentation has been extracting value from DeFi participants since the first bridge went live and nobody has eliminated it. Bitcoin, Ethereum, and Solana were engineered as independent systems with no shared architecture and no intent to interoperate.

Every transaction that crosses those boundaries pays the price of that design in fees, slippage, and execution failures. Bridges were supposed to be the solution. They became the mechanism through which the problem collects its fee.

LiquidChain eliminates the fee entirely. Three networks inside a single execution layer. One deployment reaches all of them. No cross-chain tax on any interaction anywhere.

Perplexity AI flagged it as worth watching. The presale is at $0.01454 with just over $860,000 raised.

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Execution is unproven. Adoption is unknown. Established assets offer a predictable ride toward a ceiling that is already fully visible. LiquidChain is an entry point that disappears once the market finds it.

Visit LiquidChain Here.

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Trump backs UK stablecoin pact as CLARITY Act faces bank revolt

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CLARITY Act's real obstacle: Trump's crypto business

President Donald Trump has strengthened support for a new UK-US stablecoin framework as the Senate races to advance the CLARITY Act despite growing opposition from banking groups over its stablecoin provisions.

Summary

  • UK and US have endorsed common stablecoin standards for cross-border finance and customer protection.
  • Trump has continued pushing the Senate to pass the CLARITY Act before the August recess.
  • Banking groups warn unclear stablecoin rules could accelerate deposit outflows from smaller banks.

According to a joint statement released through the Transatlantic Taskforce for Markets of the Future, the United Kingdom and the United States have agreed that properly regulated stablecoins can improve cross-border payments, financial market infrastructure, and competition while providing businesses with more consistent regulatory treatment across both jurisdictions.

UK and US have aligned on core stablecoin standards

Created in September 2025, the Transatlantic Taskforce for Markets of the Future said both governments consider stablecoins “an important vehicle for innovation in digital money.”

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The statement said the two countries intend to support their use in cross-border payments, settlement, and capital market transactions while coordinating their domestic regulatory frameworks to reduce unnecessary differences between the two markets.

The joint position also sets out common expectations for stablecoins intended for use as money. According to the statement, regulated stablecoins should be backed one-to-one with clearly defined, high-quality liquid reserve assets under each country’s legal framework.

Reserve and liquidity rules, the statement added, should reduce financial risks without creating unnecessary barriers for new entrants or limiting cross-border competition. It also calls for regulated issuers to maintain clear custody arrangements, separate reserve assets from company funds, and provide timely redemption for token holders.

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During insolvency or restructuring proceedings, the UK and US governments said stablecoin holders should have legally protected claims over reserve assets ahead of other creditors, subject to each country’s domestic insolvency laws. The statement further said issuers should clearly disclose customer rights so holders understand how their assets are protected.

Senate faces pressure as banks challenge CLARITY Act

The transatlantic agreement arrives as Trump continues urging the Senate to approve the CLARITY Act before lawmakers begin their August recess. The president has repeatedly linked crypto legislation to his goal of making the United States the “crypto capital of the world.”

The bill remains one of the most closely watched crypto measures in Washington, with senators still negotiating provisions covering market structure, stablecoin oversight and ethics rules affecting elected officials. The compressed legislative timetable has increased pressure on lawmakers to finalize the text before Congress leaves for its summer break.

At the same time, major banking organizations have intensified criticism of the legislation’s stablecoin language. Banking groups have argued that several provisions remain too unclear and could encourage consumers and businesses to move money from traditional bank accounts into stablecoins.

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Those organizations have warned that sustained deposit outflows could place additional pressure on community and regional banks that depend heavily on customer deposits for lending. They have called on lawmakers to tighten the bill’s wording and introduce stronger safeguards before the legislation moves forward.

The joint UK-US position does not address those banking concerns directly, but it places significant emphasis on fully backed reserves, customer protections and clear legal treatment of stablecoin assets. As both governments continue developing their domestic rulebooks, the coordinated framework signals a common regulatory direction even as debate over the final shape of the CLARITY Act continues in Washington.

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Artemis Warns Robinhood Chain’s Biggest Success May Also Be Its Greatest Risk

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Robinhood Chain 24-hour DEX volume on Tuesday, July 14. Source: DefiLlama

Robinhood Chain is clearing more than $800 million in daily decentralized exchange (DEX) volume two weeks after launch, with meme coins doing most of the lifting. Artemis CEO Jon Ma warns that the network’s biggest strength could become its biggest liability.

The layer-2 network runs on Arbitrum, handling trades faster and cheaper than Ethereum itself. It launched July 1 to host tokenized stocks and real-world assets (RWA), yet speculative tokens have dominated early trading.

Meme Coins Drive Robinhood Chain’s Early DEX Volume

DefiLlama recorded roughly $819 million in 24-hour DEX volume on Tuesday and $3.9 billion for the week. That figure measures the value of tokens changing hands on the chain each day. The network briefly passed Ethereum in volume on Monday before slipping back behind it.

Robinhood Chain 24-hour DEX volume on Tuesday, July 14. Source: DefiLlama
Robinhood Chain 24-hour DEX volume on Tuesday, July 14. Source: DefiLlama

Cash Cat (CASHCAT), a token built on Robinhood’s pre-launch internal name, holds a $156 million market cap, per CoinGecko. Thinner plays like Robin Hood (FOX) doubled in a day on a market cap near $2 million.

Ma runs Artemis, an on-chain analytics firm, and invested in Robinhood pre-IPO in 2019. In an open letter to CEO Vlad Tenev, he acknowledged the strong start.

He counted 300,000-plus daily active addresses, $40 million in annualized fees, and $300 million in total value locked (TVL).

Still, he argued memes account for most trading. He pointed to the 2024 meme coin class on Coinbase’s Base network, down 99% from peak by his count. He also recalled 2021, when GameStop mania forced Tenev to testify before Congress.

majority of DEX volume is still primarily meme coins (animal memes, vlad and robinhood memes, or general memes
Majority of DEX volume is still primarily meme coins (animal memes, vlad and robinhood memes, or general memes. Source: Jon Ma on X

“But meme coins lose people money and destroy trust…PLEASE Robinhood DO NOT build a meme coin chain,” Ma cautioned.

Follow us on X to get the latest news as it happens

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Supporters Bet on Liquidity First, Utility Later

Not everyone agrees. Analyst Miles Deutscher called Robinhood Chain one of the year’s most compelling crypto narratives.

Trader Bark argued the meme wave previews what happens when Robinhood’s retail base arrives onchain. Ma’s own letter puts that base at 27 million funded accounts.

“Tens of millions of people are one app update away from participating in memes for the first time.”

Arbitrum said the network earned over $800,000 in revenue in seven days, annualizing near $42 million. Its expansion program routes 10% of that to the Arbitrum (ARB) ecosystem, and ARB price gained 16% this week.

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Ethereum, by contrast, captures almost none of that value, a split analysts already debate.

Coinbase CEO Brian Armstrong backed positive-sum use cases in the debate, calling users and liquidity the strongest moat. Grayscale research similarly found the market now rewards fundamentals over meme speculation.

Whether meme coins prove a gateway or a distraction may become clearer once Robinhood connects its main app to the chain. Until then, the network’s loudest critics and its biggest fans are pointing at the same numbers.

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Binance Marks Ninth Anniversary With 323 Million Users and Expansion Beyond Crypto

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Binance has marked its ninth anniversary by highlighting strong user growth and expanding beyond digital assets into traditional financial products. The exchange now reports 323 million registered users across more than 100 countries, reflecting its growing global presence.

The scale of that user base becomes clearer when placed in the context of global cryptocurrency adoption. According to the firm’s report, its users represent about 43% of the estimated 741 million people worldwide who currently own cryptocurrency. Notably, this compares with a global crypto user population of fewer than six million when Binance launched in July 2017.

User Growth and Trading Activity

Registered users on Binance grew by another 7% during the first half of 2026 despite mixed market conditions. The company also reported a 9% rise in institutional users over the same period, pointing to continued participation from larger market players.

This growth in user activity was accompanied by higher trading volumes. Binance’s cumulative trading volume reached $156 trillion after adding $11.4 trillion during the first six months of the year. That pushed total trading activity 7.8% above the level recorded at the end of 2025.

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Expansion Into Traditional Financial Products

The exchange also reported steady activity outside its crypto business through newer financial products. Monthly trading volume for its traditional finance offerings has remained above $80 billion since March, according to the company.

One of the latest additions to that business is direct stock trading, which Binance introduced in June as part of its broader financial services strategy. The product reached $1 billion in assets under management within 30 days and generated more than $3 billion in cumulative trading volume.

The company’s tokenized U.S. equities, known as bStocks, also recorded early growth after launch. Binance said the offering reached $100 million in assets under management within two weeks, while 47% of trading activity occurred outside regular U.S. market hours.

Co-CEOs Yi He and Richard Teng said the company aims to serve both retail users and institutional participants through a wider range of financial products. They added that recent launches, including stocks and tokenized assets, support Binance’s goal of improving access to global markets.

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To celebrate the milestone, Binance launched a community campaign called “Built by You,” featuring up to $4.5 million in rewards and an interactive virtual experience. The anniversary comes as regulatory frameworks continue to evolve in major markets and institutional participation in digital assets remains a key industry trend.

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Retail traders are hyping up XRP and ether during a dip, but history says a crash could be next

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(Santiment)

Retail traders are piling into XRP and ether while both tokens slip, the kind of crowd behavior that more often precedes further downside than a bounce.

XRP drew 3.02 bullish social media comments for every bearish one on Monday, its most positive reading in five weeks, according to Santiment. Ether ran at 2.31 and bitcoin at 1.40, which the firm classified as neutral. Bitcoin and ether both opened higher and faded through the day, so the loudest enthusiasm is landing on the assets that are falling.

(Santiment)

Sentiment readings like these are used as contrarian signals, because crowd excitement usually peaks near local tops.

“Crypto typically moves opposite to what the crowd is loudly expecting,” Santiment wrote, adding that heavy bullishness on XRP or ether while prices dip can add short-term downside risk or slow any rebound.

Bitcoin’s flat reading is the healthier one, meanwhile. Retail chasing the smaller tokens while staying neutral on bitcoin is narrow speculation, not broad greed, and rallies have more room when the crowd hasn’t already crowded into the higher-prices trade. XRP traded near $1.09 on Monday, down on the week.

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Prediction markets saw over $50 billion in volume as World Cup kicked off, crushing traditional sportsbooks

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Prediction markets saw over $50 billion in volume as World Cup kicked off, crushing traditional sportsbooks

But the regulated U.S. app and the global platform are fundamentally different products. The U.S. version requires full KYC identity verification, is funded through registered futures commission merchants rather than crypto wallets and settles in U.S. dollars. The global platform, still geoblocked for U.S. IP addresses, has no identity checks, settles in USDC and carries a far wider range of markets.

The $571 million figure refers to Americans trading on that global platform through VPNs and existing crypto wallets. Allium tracked wallet behavior rather than IP addresses, which is how a VPN that defeats geoblocking still leaves U.S. fingerprints in the data.

Kalshi’s breakout moment

Named FIFA’s official prediction market partner part-way through the tournament, Kalshi had branding rights, in-venue presence and a media distribution deal with Fox Sports.Though notably, the user growth was already well underway when Kalshi signed its co-branding deal with ADI Predictstreet, the FIFA World Cup’s official prediction market partner, on June 26, just four days before Apptopia data was recorded. Both Kalshi and Polymarket have advertised heavily during games, with ads airing during the halftime break, as well as the so-called hydration breaks during the American broadcasts.

App data from Apptopia found that by June 30, Kalshi’s daily active users were 36% above their June 15 level. Over the same period, DraftKings fell 36% from its tournament peak, FanDuel dropped 41% and BetMGM and Caesars each declined 32%. Traditional sportsbook apps spiked early and faded, while prediction markets built steadily throughout.

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