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Tom Zschach, who spent six years as SWIFT’s Chief Innovation Officer before recently leaving the company, pushed back against fresh Ripple rumors with a two-word reply on X: “Not happening.” That short response landed because he led SWIFT’s digital asset strategy, giving him firsthand knowledge of what the network was actually building.
The comments followed claims from several XRP influencer accounts that SWIFT planned to support public tokens like XRP instead of developing its own infrastructure. The posts quickly spread across social media, but none included an official statement or supporting document. That’s a little like citing “trust me, bro” as a source.
Not happening
— Tom Zschach (@TomZschach) July 10, 2026
One widely shared post even claimed SWIFT had said it had no intention of competing with XRP and would instead collaborate with it. However, no official SWIFT announcement, press release, or public document contains that wording. The claim appears to have circulated without any verifiable evidence.
Zschach’s response effectively shut down the rumor before it gathered more steam. While SWIFT continues testing blockchain based settlement and tokenized asset infrastructure, there is still no indication the network plans to integrate XRP or endorse the token for its core services.
Zschach’s response left no interpretive room. The crypto rumor collapsed against a two-word rebuttal from the person who ran SWIFT’s digital asset function for half a decade – a cleaner debunk than any lengthy rebuttal could achieve.
This is the same pattern that has repeated across several years: a SWIFT executive or technical document references tokenization or interoperability, XRP communities interpret it as implicit adoption, influencer accounts amplify the interpretation as fact, and a correction follows. The XRP debunk cycle is well-worn at this point, but Zschach’s direct involvement gives this iteration unusual authority.
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Zschach’s Track Record on Ripple
The former SWIFT CIO’s rejection of XRP’s institutional narrative is not new. Zschach has previously compared Ripple technology to a “fax machine” in the modern internet era, and argued that Ripple surviving its long-running SEC lawsuit does not constitute actual institutional resilience.
After a three-decade career spanning Bank of America, Barclays, and Lehman Brothers, Zschach has left SWIFT to join a research team drawing from Oxford, Harvard, and Cambridge to build new financial infrastructure, a trajectory that signals where he believes institutional-grade digital finance is actually heading.
The SWIFT executive who called XRP a fax machine resigned on the same day that Ripple Treasury joined SWIFT’s certified program.
The story has its own timeline.
XRP has won.
— {x} (@unknowDLT) April 14, 2026
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What SWIFT Is Actually Building
SWIFT’s digital asset strategy is becoming clearer, and it has little to do with the latest XRP rumors. Its published work centers on secure messaging, interoperability, and tokenized assets for regulated financial institutions. Recent pilots also focus on tokenized deposits across permissioned networks, not public blockchains.
That matters because permissioned ledgers and public tokens solve different problems. SWIFT is building neutral infrastructure with shared governance, while XRP remains an independent public cryptocurrency. Put simply, expecting one to quietly morph into the other is like expecting a cargo ship to win a Formula One race.
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The rumor lost steam after analyst Jon Zschach publicly rejected claims that SWIFT was preparing XRP integration. No credible evidence has surfaced to support those claims. Instead, SWIFT continues emphasizing standards-based connectivity across multiple digital asset platforms rather than endorsing a single token.
Meanwhile, XRP has struggled to find momentum. The token recently traded around $1.08 to $1.10, slipping against Bitcoin as fresh institutional catalysts failed to appear. Traders hoping for a SWIFT surprise were left waiting, and the market rarely rewards wishful thinking for long.
That does not mean XRP’s long-term outlook is settled. However, tying its investment case to unverified partnership rumors only raises expectations that reality may not meet. For now, SWIFT and XRP appear to be moving on separate tracks, even if some investors keep hoping those rails eventually cross.
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Cardano News: Charles Hoskinson has flatly denied rumors he is retiring from Cardano, calling the claims “categorically untrue” and “a complete fabrication” in a video posted July 10, a denial that became necessary after decontextualized clips circulated widely enough to reach well outside the crypto community.
The rumor spread so far that a London taxi driver relayed it to visiting Cardano supporters, and contacts at a partner firm had passed the same claim to their own chief executive.
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Cardano News: How the Misinformation Took Hold
The exit narrative accumulated over several months from a series of clips stripped of their surrounding context. A New Year 2026 stream in which Hoskinson said he had “outgrown X” and was handing the account to curators circulated without his explicit denial delivered in the same session.
A brief “I’m taking a break. TTYL” post on X was screenshotted and spread without the accompanying video. A 26-minute reform video in which he criticized the Cardano Foundation’s governance structure, calling elements of it the biggest mistake of his career, generated clips that left out the surrounding denial.
No I'm not leaving https://t.co/82VLYU8VsD
— Charles Hoskinson (@IOHK_Charles) July 9, 2026
The pattern is consistent: each clip preserved the dramatic line and dropped the disavowal. Hoskinson has now posted a direct rebuttal and asked the community to share it with anyone still repeating the rumor.
“It is categorically untrue. It’s a complete lie. It’s a complete fabrication.”
Hoskinson said in the video, leaving no interpretive room on where he stands.
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Governance Turbulence Feeding the Narrative
The denial lands against a backdrop that made the exit story plausible to outside observers. EMURGO exited Cardano’s Pentad governance body following a wallet exploit, removing one of the ecosystem’s three founding pillars from the formal structure.
Investor Justin Bons publicly called for Hoskinson’s removal, a move that drew significant community backlash but kept the founder’s position in the headlines.
A separate period of sharp public commentary from Hoskinson on Cardano’s governance failings added further ammunition to the out-of-context clip cycle.
Photo: Charles Hoskinson
Hoskinson has also been explicit about his formal position: he holds no governance keys, cannot initiate a hard fork or protocol parameter change, has no treasury access, and does not own the Cardano trademark.
The Plomin hard fork in January 2025 transferred key governance powers to ADA holders via DReps, meaning his influence is structural and reputational rather than executive. That distinction matters for traders trying to assess what his actual departure, hypothetical as it is, would change in protocol terms.
An active funding standoff between DReps and Input Output’s research budget remains unresolved. Hoskinson has warned that the ecosystem could lose scientists if IO’s research funding fails, a credible threat given Cardano’s academic-pipeline model is a core differentiator versus other L1s. He has floated a governance overhaul aimed at restoring confidence, though no specific proposal has been formally tabled.
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SWIFT is taking its biggest step into crypto after confirming its blockchain-based shared ledger is ready for initial use. Built on Hyperledger Besu over nine months, the network will let 17 major banks, including HSBC, Citi, UBS, BNP Paribas, DBS, ANZ, and Standard Chartered, pilot live cross-border payments using tokenized deposits.
The rollout moves beyond closed sandbox testing into real banking operations. Rather than replacing existing payment rails, the ledger coordinates tokenized deposits between participating banks while final settlement stays on the current infrastructure. That could help banks process payments during nights, weekends, and across time zones, where delays have long been a problem.
Implemented in 9 months. Global from day one.
Swift's blockchain-based ledger is ready for use, with ANZ, BNP Paribas, BNY, Citi, DBS Bank, First Abu Dhabi Bank (FAB), FirstRand, HSBC, Itaú Unibanco, Lloyds Banking Group, Mashreq, MUFG, OCBC, Standard Chartered, UBS, UOB and… pic.twitter.com/kOg9DumptG
— Swift (@swiftcommunity) July 9, 2026
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What the SWIFT Crypto Ledger Actually Does
The shared ledger sits above existing payment rails instead of replacing them. When a participating bank starts a transaction, the platform coordinates funding commitments across counterparties and gives every institution the same real-time view of payment status. Final settlement still runs through RTGS systems and Swift’s existing messaging network.
The pilot uses bank-issued tokenized deposits rather than stablecoins or public crypto assets. Each token is backed one-to-one by commercial bank deposits, giving it the same regulated status as money held in a traditional bank account. In practice, the blockchain improves how banks move and coordinate funds, while the underlying money and compliance framework remain unchanged.
SWIFT already processes 75% of payments to beneficiary banks within 10 minutes on existing rails, often in seconds. The ledger’s specific contribution is removing the remaining constraint: the dependency on overlapping business hours between sender and receiver.
The result is 24/7 settlement availability, including overnight and weekend flows that current infrastructure cannot support, regardless of how fast the underlying messaging moves.
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Compliance Architecture Is the Strategic Signal
One reason the crypto project could gain traction is what Swift chose not to change. The shared ledger keeps the compliance, credit, risk, and control standards already used in today’s payment systems. Instead of creating a separate settlement network, it works within the existing regulatory framework.
That approach matters because regulators and major banks have been reluctant to adopt tokenized payment systems that weaken oversight. By keeping established safeguards in place, Swift is pitching blockchain as an upgrade to existing infrastructure rather than a replacement for it.
Thierry Chilosi, Swift’s Chief Business Officer, said the platform lets tokenized value move across borders with the speed modern commerce demands while maintaining the resilience, security, and compliance expected by global financial institutions.
The pilot brings together 17 banks from six continents, including ANZ, BNP Paribas, BNY Mellon, Citi, DBS, First Abu Dhabi Bank, FirstRand Bank, HSBC, Itaú Unibanco, Lloyds Bank, Mashreq, MUFG Bank, OCBC, Standard Chartered, UBS, UOB, and Wells Fargo.
The lineup suggests this is more than a regional trial. These institutions play a central role in cross-border payments across the dollar, euro, and major Asian currency corridors. Their participation gives the project a broader international footprint from the outset and could provide an early test of blockchain-based settlement at global banking scale.
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The Broader Institutional Tokenization Race
SWIFT is not operating in isolation. A separate consortium including JPMorgan Chase, Bank of America, Barclays, and BNY Mellon announced a US-focused tokenized deposit network via The Clearing House, targeting a first-half 2027 launch.
NYSE parent Intercontinental Exchange has outlined a 24/7 settlement venue for tokenized securities with stablecoin-based funding, while NYSE itself partnered with Securitize in March to build blockchain infrastructure for tokenized stocks and ETFs.
Payments, deposits, and securities are steadily moving toward a blockchain-based infrastructure that can operate around the clock. Swift’s pilot stands out because of its reach. Its existing network connects more than 11,500 financial institutions across over 200 countries, giving the shared ledger a potential user base that few blockchain payment networks can match.
If the pilot succeeds across 17 major banks and multiple currency corridors, it could make it easier for other institutions to join. The project is designed to work within existing banking rules, reducing one of the biggest barriers to institutional adoption.
Swift has already outlined the next phase. Future upgrades are expected to support foreign exchange payment versus payment, programmable corporate payments, and cash movements tied to securities transactions. The current rollout is an early milestone, while the next test is whether that global network can translate interest into meaningful transaction volume.
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Robinhood Chain recorded between $560 million and $570 million in 24-hour DEX volume on July 8, 2026, seven days after its mainnet went live, overtaking Hyperliquid as the top decentralized exchange by that metric.
The displacement is not a minor statistical quirk: Hyperliquid had posted $492.7 billion in quarterly volume and a record ~$161 million in net revenue in Q1 2026, the highest single-quarter figure ever recorded by a DeFi protocol, making it the benchmark every new chain was being measured against.
What actually drove the surge forces an immediate qualification. The catalyst was not a blue-chip lending market, a novel perpetuals mechanism, or an institutional RWA product.
It was a memecoin called CASHCAT, a cat token that emerged organically on the new chain and alone accounted for roughly $98 million of the $560–$570 million total.
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A Cat Token Drives a Record-Breaking DEX Day
Robinhood Chain launched on July 1 as a permissionless Ethereum Layer-2 network built on the Arbitrum stack, integrating Uniswap for trading, Chainlink for price oracles, and Morpho for lending.
Because the chain is fully permissionless, anyone can deploy a token and spin up a trading pair, which is precisely how CASHCAT appeared, trading against WETH on Uniswap pairs with no corporate announcement behind it.
CASHCAT hit an all-time high above $0.17, with its market cap ballooning to somewhere between $100 million and $170 million in a single session.
Source: DexScreener
The token’s price action generated approximately $98 million in 24-hour volume on its own, about 17% of Robinhood Chain’s entire daily DEX figure. Strip that out, and the chain’s number drops significantly, though the remainder still represents substantial activity for a seven-day-old network.
Daily active addresses on Robinhood Chain approached 200,000 on July 8, with more than 140,000 of those being first-time users. That onboarding rate signals genuine demand pull, not just existing DeFi participants rotating between chains. Whether those users stay once the memecoin cycle fades is the operative question.
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TVL Composition Is the More Durable Signal
The chain’s TVL crossed $100 million within its first week, and the primary driver was Morpho lending activity, not speculative token positions.
That distinction matters. Lending TVL reflects users deploying capital for yield under structured terms, which carries different retention characteristics than liquidity posted purely to support a memecoin trading pair. It does not confirm long-term DeFi adoption, but it is a structurally different signal than raw trading volume.
Source: Robinhood Chain TVL / DefiLlama
Trading volumes have already begun stabilizing below the July 8 peak, according to the primary source. That is expected behavior after a memecoin-driven spike – the question is what the floor looks like once CASHCAT volatility normalizes.
The lending TVL figure suggests at least some portion of the user base arrived with yield-seeking intent rather than pure speculation, which gives Robinhood Chain a non-trivial base to build from.
For context on the scale of what Robinhood Chain briefly displaced: Hyperliquid had accumulated $330.8 billion in combined spot and perpetual trading volume by July 2025 and entered the top 10 global derivatives exchanges by volume, a first for any DEX.
Robinhood’s own crypto trading arm had sat at $237.8 billion over the same period, meaning Hyperliquid had been outpacing Robinhood’s crypto business for months before the chain launched. The reversal, even if partly memecoin-driven, is not a trivial data point.
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Ethereum price prediction is back in focus after Fundstrat co-founder Tom Lee floated a $5 trillion network valuation. ETH trades near $1,740, leaving it valued at around $210 billion. That puts Lee’s target 24 times above today’s level. Big swing, small ask, right?
Speaking on the New Era Finance podcast, Lee argued Ethereum remains undervalued compared with the markets it could eventually support. He pointed to gold at roughly $22 trillion, global equities above $100 trillion, and real estate near $300 trillion. His view is that more of those assets will migrate on-chain over time.
Lee also tied that thesis to tokenization and AI infrastructure, where Ethereum could serve as the main settlement layer. The comments fit with BitMine’s growing Ethereum treasury strategy, a stance Lee has supported for some time. If ETH’s circulating supply stays near 121 million coins, a $5 trillion valuation implies a price close to $41,300.
Of course, reaching that level is another story entirely. Macro conditions, regulation, and institutional demand still drive Ethereum’s price in the near term. Until those pieces line up, traders may care more about the next resistance level than a target that belongs several zip codes away.
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Ethereum Price Prediction: Can it Even Break $2,000 Before the Next Macro?Catalyst?
Ethereum still well below $2,000, is putting the price prediction debate on a knife’s edge. Buyers have defended this area, although conviction still needs proof. Volume remains healthy, showing traders have not wandered off for coffee just yet.
The $1,750 to $1,770 zone remains the first level worth watching. If ETH reclaims and holds above it, momentum could build toward resistance between $1,845 and $1,865. Beyond that, the $1,975 to $2,000 range is the real test, where sellers have previously shown up in force.
The bullish case stays intact while Ethereum holds above roughly $1,725. A pickup in buying volume could send ETH back toward $1,865 over the coming sessions. Otherwise, the market may continue shuffling sideways between $1,730 and $1,850, waiting for a fresh catalyst instead of making the first move.
Ethereum (ETH)
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If ETH closes decisively below $1,725, the technical picture weakens. That could expose support near $1,620, with $1,530 becoming possible if selling accelerates. On chain activity, including Ethereum supply trends and stablecoin flows, may influence which path the market ultimately takes.
Tom Lee’s implied $41,000 target remains a long term thesis rather than a near term trading call. The idea depends on tokenized real world assets driving greater demand across Ethereum’s network. Until that story plays out, investors may need patience because markets rarely sprint in a straight line.
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Bitcoin Hyper Targets Early-Mover Upside While Ethereum Consolidates
ETH at $1,740 is a long way from $41,000. Even the optimistic near-term target of $2,000 represents a 15% move from here. It’s real, but modest relative to where early-stage infrastructure can move.
Ethereum’s scale also means its market cap needs tens of billions in new inflows to move the needle meaningfully. For traders who believe in the on-chain infrastructure thesis but want asymmetric exposure, the math on a $210 billion asset is structurally different from an early-stage presale.
Bitcoin Hyper ($HYPER) is positioning as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, a combination that targets Bitcoin’s core limitations: slow throughput, high fees, and minimal programmability.
The project has raised $33 million at a current token price of $0.0136829, with a staking mechanism offering high APY for early participants. The SVM integration is the technical differentiator, bringing smart contract performance comparable to Solana while settling on Bitcoin’s security layer.
If the on-chain infrastructure buildout Lee describes actually accelerates, the picks-and-shovels layer — fast, programmable, Bitcoin-secured, is where early capital tends to concentrate.
Research Bitcoin Hyper before the presale closes.
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Bitcoin is trading near $62,950 after gaining about 1.7% over the past 24 hours, but the latest price prediction is looking well beyond today’s bounce. Some traders are watching a recurring 91-day window that previously marked the final stage of several bear markets. If history rhymes again, the real fireworks may come later, not today.
The recent break below a multi-month symmetrical triangle triggered heavy liquidations before BTC clawed back above $61,500. That sharp flush shook out leveraged positions, yet buyers quickly stepped in. Sometimes the market loves scaring everyone before asking them back to the party.
This is getting harder to ignore.
In December 2023, an anonymous 4chan poster predicted Bitcoin would top on October 6, 2025.
He nailed it.
Now compare that prediction with the post below.
Both models point to the same cycle structure:
• Bear market through Q4 2026
•… https://t.co/p6fFgRnvcO pic.twitter.com/mltPW2f6NE
— Mark (@markchadwickx) July 9, 2026
Meanwhile, mining difficulty fell by roughly 10% during June, marking another notable downward adjustment this year. Similar moves have often appeared near major cycle turning points as weaker miners exit. On top of that, both linear regression and logarithmic Fibonacci analysis identify the $47,000 area as a possible downside target.
Even so, no model guarantees Bitcoin will revisit that level. Technical projections work best as probability maps, not crystal balls. If momentum strengthens and demand keeps improving, the market could ignore that target altogether.
For now, leverage has cooled while ETF flows have become steadier after earlier swings. At the same time, macro uncertainty continues to keep traders cautious. The next three months may decide whether Bitcoin builds a durable base or delivers one last shakeout before the trend changes.
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Bitcoin Price Prediction: Can it Recover From Here, or Is $47K Still on the Table?
Bitcoin is trading around $62,500, after bouncing between roughly $61,700 and $62,600 over the past day. Volume has cooled from the recent liquidation wave, suggesting traders are catching their breath rather than rushing back in.
Resistance remains clustered between $63,000 and $65,000, where recent rallies have repeatedly lost steam. Meanwhile, $60,000 continues to act as the line bulls would rather not cross. It has absorbed selling pressure before, and traders would like it to keep that reputation.
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The 91 day bear market framework still deserves attention. Historically, this final stretch has produced the sharpest declines before a lasting bottom forms. Bitcoin remains about 50% below its October 2025 all-time high near $126,000, putting the current drawdown in line with previous cycles. History does not repeat perfectly, but it certainly enjoys familiar plot twists.
If buyers reclaim $65,000 with convincing volume, the recent breakdown could prove to be another bear trap. Otherwise, the more likely path is continued trading between $58,000 and $65,000, with a possible final washout toward $47,000 to $52,000 later in the cycle. A sustained close below $58,000 would weaken that outlook and could bring the bottom forward sooner than expected.
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Bitcoin Hyper Eyes Early Positioning as BTC Navigates Its Most Punishing Quarter
When Bitcoin enters its historically most volatile quarterly window, experienced traders often look beyond spot BTC for asymmetric positioning, particularly in early-stage infrastructure plays tied directly to Bitcoin’s ecosystem. The logic isn’t complicated: if BTC ultimately confirms a cycle floor in this window, the projects building on top of it tend to reprice faster than the asset itself on the way back up.
For those watching broader bearish BTC market dynamics, the rotation argument is straightforward.
Bitcoin Hyper ($HYPER) is currently in presale at $0.0136829, having raised almost $33 million to date. The project positions itself as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, targeting the transaction speed and smart contract functionality that Bitcoin’s base layer structurally cannot provide, while preserving Bitcoin’s security model.
A Decentralized Canonical Bridge handles BTC transfers natively, and staking is live with high APY for early participants. As with any presale, liquidity is absent until listing, and the token price is speculative.
Those who want to research Bitcoin Hyper further can review the full documentation before committing capital.
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Federal Judge Analisa Torres, the architect of XRP’s landmark 2023 securities ruling, has handed down another closely watched decision, leaving XRP price prediction debates wide open as the token trades at $1.09. The market is showing little urgency, with traders waiting for the legal dust to settle before making bigger moves.
Torres is best known for her July 2023 split ruling in the SEC’s case against Ripple. She found that programmatic XRP sales on exchanges were not securities, while institutional sales qualified as investment contracts. That decision became one of crypto’s most cited legal precedents. Even after the SEC and Ripple settled in 2025, her opinions still carry weight.
Judge Analisa Torres best known for ruling that XRP is not a security when traded on exchanges has issued another closely watched decision.
This time, she denied Kalshi's request for a preliminary injunction that sought to block New York from enforcing its gambling laws against… pic.twitter.com/sSSdvBZvLd
— MS Capital (@MSCapital_X) July 8, 2026
Her latest ruling comes from a different case, yet traders are reading between the lines anyway. Crypto markets have a habit of connecting dots, sometimes before the ink dries. Whether that reaction sticks depends on how regulators and courts interpret the decision in the months ahead.
For now, XRP continues to hold its chart structure despite the legal headlines. Price action remains relatively steady, but conviction is still in short supply. As always, the market loves certainty, and right now it is getting another legal puzzle instead of a clear answer.
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XRP Price Prediction: Recover Above $1.2 This Week?
XRP has been holding between $1.07 and $1.10 over the past 24 hours, reflecting a market that still lacks a clear winner. The past week’s range stretches from roughly $1.05 to $1.16, leaving support and resistance well defined. Traders are waiting for a catalyst, and so far, the chart has offered little more than a shrug.
Recent Ripple partnership headlines have done little to shake XRP out of that range. Sometimes good news knocks politely instead of kicking the door down. Even so, the series of higher lows remains intact, keeping buyers interested while preventing sellers from taking full control.
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A bullish scenario starts with XRP defending the $1.05 to $1.07 support zone before reclaiming $1.16. A convincing breakout could then open the door to $1.25, where previous selling pressure emerged. That would finally give bulls something more exciting than another day of sideways candles.
The base case remains continued consolidation between $1.07 and $1.16 until a legal or macro catalyst tips the balance. On the flip side, a decisive close below $1.05 would weaken the current structure. If that happens, traders could begin watching the $1.00 area as the next meaningful support.
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LiquidChain Targets Early-Mover Upside as XRP Tests Key Levels
XRP trading sideways around $1.10, after a multi-year legal saga and a settlement that already priced in the good news, raises a fair question: where does the asymmetric upside actually come from here? Established large-caps with resolved regulatory overhangs tend to grind, not explode.
Traders looking for early-stage exposure with a different risk/reward profile are rotating attention toward infrastructure presales.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project built around a single thesis: fragmented liquidity across Bitcoin, Ethereum, and Solana is the primary friction point in cross-chain DeFi.
All eyes are on LiquidChain. ⟁https://t.co/vqvBcdSQYC pic.twitter.com/GsuIe1xMnJ
— LiquidChain (@getliquidchain) July 7, 2026
Its Unified Liquidity Layer fuses all three ecosystems into a single execution environment, with Single-Step Execution, Verifiable Settlement, and a Deploy-Once Architecture that lets developers access BTC, ETH, and SOL liquidity without redeploying per chain.
The presale is currently priced at $0.01478 per $LIQUID, with $890K raised to date. For traders who want to assess the technical architecture before committing capital, research LiquidChain here.
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For us, who spent the past month glued to oil charts, the screens have changed. Now we’re refreshing congressional calendars instead. Crypto regulation, not missiles nor crude price, is becoming the biggest talking point as Bitcoin and Ethereum price continue to hold steady. Policy has become the market’s new obsession.
The U.S. approach to crypto regulation may finally be shifting.
Senator Cynthia Lummis says the CLARITY Act is designed to replace years of regulatory uncertainty with clear rules for digital assets.
If it becomes law, it could give institutions more confidence to build in the… pic.twitter.com/0FbqK7khYo
— Kyren (@noBScrypto) July 9, 2026
Although Middle East headlines still grab attention, crypto is now spending more time debating legislation, SEC guidance, and CFTC oversight. For now, politics in Washington seems to matter more than politics in the Gulf.
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Bitcoin Price Holds Up as Markets Await Policy Clarity
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Bitcoin price is holding at the mid-$63,000 range after recovering from June’s selloff. Softer U.S. economic data and easing energy prices have helped improve risk sentiment, while ETF flows remain mixed. Buyers continue stepping in on dips, as institutions remain willing to accumulate despite short-term uncertainty.
Attention is already turning to upcoming inflation data and the Federal Reserve’s next meeting. A cooler CPI reading could give the Bitcoin price another push, but many traders believe Washington will ultimately have the bigger say.
That is because crypto regulation is moving unusually fast. Congress continues debating the CLARITY Act, while regulators are working toward clearer rules on digital assets after years of uncertainty. The SEC and CFTC have already issued joint guidance aimed at defining how crypto assets should be treated under federal law.
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Ethereum Price Finds Support Beyond ETF Headlines
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Ethereum price remains under pressure compared with earlier this year, but the network itself grows. Layer 2 activity, tokenized assets, and decentralized finance are all expanding even while ETH trades sideways.
ETF flows have swung between inflows and outflows, yet developers have largely ignored the day-to-day noise. Instead, they remain focused on scaling Ethereum and attracting more onchain activity. It is not exactly headline-grabbing, but builders rarely care whether traders are having a good week.
Robinhood Chain may not move the Ethereum price overnight, but it could quietly strengthen the network over time. Built as an Ethereum Layer 2 using Arbitrum Orbit, the chain settles transactions back to Ethereum and uses ETH for gas. This brings activity and ultimately feeds into Ethereum’s ecosystem.
The Ethereum price could also benefit if lawmakers deliver clearer rules for decentralized finance. Several industry groups continue urging regulators to create frameworks tailored to DeFi instead of squeezing it into decades-old financial rules. It’s looking bright for Ethereum price.
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Crypto Regulation Is the Market’s New Catalyst
The biggest shift is psychological. A few weeks ago, people jumped at every geopolitical headline. Now they are dissecting committee schedules, regulatory guidance, and draft legislation with the same intensity.
That helps explain why Bitcoin and Ethereum price have held relatively resilient despite ongoing global tensions. Investors increasingly believe clearer rules could encourage fresh institutional capital, especially if Congress finally delivers long-awaited market structure legislation.
LAWMAKERS PREPARING REVISED CLARITY ACT FOR POSSIBLE INTRODUCTION NEXT WEEK!
U.S. negotiators are working on a new or updated version of the Digital Asset Market Clarity Act, which could be introduced as soon as next week, CoinDesk reports.
This comes as Congress returns from… pic.twitter.com/rYp5feGoM8
— Crypto Banter (@crypto_banter) July 9, 2026
It’s becoming more obvious now, crypto regulation has replaced geopolitics as market’s conversation, and both the Bitcoin and Ethereum price are taking their cues from Washington more than the latest oil headline.
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The global cryptocurrency market is demonstrating remarkable stability in the face of macroeconomic and geopolitical headwinds. Following escalated tensions between the US and Iran and the end of the previous ceasefire, traditional financial markets experienced brief volatility. However, the Ethereum crypto ecosystem and major digital assets have held their ground firmly, showcasing the mature resilience of blockchain technology.
Specifically, Ethereum has successfully defended its crucial $1,700 support zone, trading up 1.7% at approximately $1,750. Bitcoin has mirrored this steady performance, holding its position near $63,000 with a 1.8% daily gain. Amid this supportive market backdrop, a new interoperability-focused network called LiquidChain (LIQUID) is gaining momentum, with its presale crossing the $891,000 mark as it closes in on $1 million.
Ethereum Crypto Inflows Surge Amid Broader Market Stability
Institutional interest in the top altcoin remains highly robust. Spot Ethereum ETFs recorded $70.48 million in net inflows yesterday, marking their fifth consecutive day of positive momentum. This consistent institutional demand, combined with Bitcoin maintaining its footing above the $61,000 level (currently trading around $62,900), highlights the growing strength of the digital asset sector even as the US-Iran ceasefire is over.
#Bitcoin didn't lose its bullish divergence.
The indication is that it's looking likely that we're going to be continuing the upwards trend, even though the markets have witnessed a small correction.
The bullish divergence is still applicable even though there's the potential… pic.twitter.com/1zZAvbMgGY
— Michaël van de Poppe (@CryptoMichNL) July 8, 2026
This stable environment provides an ideal launchpad for utility-driven projects. Rather than relying on short-term speculation, LiquidChain is focusing on resolving one of the most persistent technical challenges in Web3: blockchain fragmentation.
Unifying Ethereum, Bitcoin, and Solana
For many users, navigating the decentralized web is a fragmented experience. Major networks like Bitcoin, Ethereum, and Solana function as isolated ecosystems with distinct rules and native currencies. Moving liquidity between these networks historically required complex bridging procedures, wrapped assets, or high transaction fees.
To address this, LiquidChain (LIQUID) is developing a Layer 3 network designed to act as a universal liquidity and data bridge. By securely verifying transactions across all three major blockchains simultaneously, the protocol allows developers to build cross-chain applications that offer users lower fees, faster execution, and a simplified user experience.
All eyes are on LiquidChain. ⟁https://t.co/vqvBcdSQYC pic.twitter.com/GsuIe1xMnJ
— LiquidChain (@getliquidchain) July 7, 2026
Currently in Stage 83 of its presale, LIQUID tokens are available at an entry price of $0.01478. Early participants who opt to stake their tokens during this phase can access an APY of 1,258%, allowing them to grow their holdings as the network’s infrastructure is built out.
How to Participate in the LIQUID Presale
For those interested in exploring the project, the process is designed to be accessible and straightforward. Interested users can visit the official LiquidChain website to view the roadmap and participate in the presale.
The presale supports popular Web3 wallets, including Best Wallet, which lists the LiquidChain presale directly under its “Upcoming Tokens” tab. Best Wallet can be downloaded for free from the Apple App Store or Google Play.
Transactions can be completed using major cryptocurrencies such as ETH, SOL, BTC, BNB, USDT, or USDC, as well as standard bank cards for direct fiat purchases. To stay updated on technical developments and community announcements, users can follow LiquidChain’s X account and join their Telegram group.
Visit LiquidChain.
The post Ethereum Crypto Resilience Proved as ETH Defends $1,700 While Cross-Chain Innovator LiquidChain Nears $1M appeared first on Cryptonews.

A criminal complaint filed by Wisconsin prosecutors against Circle, the company behind USDC, has put an uncomfortable question back in the spotlight. Why does the world’s second-largest stablecoin issuer appear far less willing than Tether to help law enforcement recover stolen crypto?
An ICIJ investigation published on July 8 points to three issues driving the debate. Circle insists it only freezes funds after receiving valid legal orders, disputes claims it can simply burn and reissue stolen tokens, and rejects allegations from New York prosecutors that it profits by leaving frozen assets untouched. Meanwhile, critics say that the policy leaves scam victims waiting while their money disappears.
The case started with a romance scam in Walworth County, Wisconsin. A resident identified only as “Victim #1” was convinced to buy USDC and send about 381,000 tokens to what turned out to be a fake investment platform. After investigators traced the funds, a judge ordered Circle to freeze the wallet. The company did so without delay.
Months later, the court took the next step. It ordered Circle to invalidate those frozen tokens and issue the same amount of fresh USDC to the Walworth County Sheriff’s Office. Circle refused, saying it does not have the technical ability to burn and reissue USDC held inside someone else’s wallet. Prosecutors responded with a criminal complaint, an unusual move against a company of Circle’s size.
Circle later asked the court to dismiss the case. It argued the Wisconsin court lacked jurisdiction and said prosecutors ignored alternative proposals it had offered to compensate the victim. Walworth County prosecutor Thomas Binger said the dispute shows how quickly scammers can move funds compared with the pace of the legal system.
ICIJ: Circle Faces Criminal Complaint in Wisconsin Over Refusal to Recover Scam Victim Funds
An ICIJ investigation reported that law enforcement authorities in Wisconsin and New York accused Circle of refusing to assist in freezing or recovering scam victims’ USDC. Wisconsin… pic.twitter.com/QZv7PNN0Du
— Wu Blockchain (@WuBlockchain) July 9, 2026
The Wisconsin case is not the only one raising questions. Earlier this year, New York prosecutors told U.S. senators that Circle generally requires court orders before freezing USDC and has not consistently returned stolen funds after courts approved their release. Since stablecoin transfers settle within seconds, investigators argue valuable time is often lost before legal paperwork is complete.
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The Debate Over Frozen Funds
New York prosecutors also made a more serious allegation. They argued Circle continues earning interest on reserve assets backing frozen USDC, giving the company little financial incentive to return those funds quickly. Circle has not accepted that claim.
Blockchain researcher Yury Serov estimates that at least 119 million USDC is currently frozen. Those tokens cannot move, but they remain backed by reserve assets unless another process removes them permanently.
Circle’s technical explanation has also drawn criticism. Joshua Cooper-Duckett of Cryptoforensic Investigators told ICIJ the company could update its smart contracts to support burning and reissuing tokens held in third-party wallets. Circle did not answer when asked whether it could make those changes.
One detail from the court filings caught investigators’ attention. Circle disclosed it had already discussed a victim compensation process with federal prosecutors that involved permanently freezing stolen tokens before issuing replacement USDC. The company did not explain whether that arrangement applies outside federal cases.
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Circle USDC vs. Tether’s Model and the 30x Gap
The difference between Circle and Tether is hard to ignore. AMLBot data shows Tether froze about $3.3 billion in USDT across more than 7,200 wallets between 2023 and 2025. Circle froze about $109 million in USDC over the same period, a 30 times gap by value.
Part of that difference comes from Tether’s burn and reissue process. After freezing stolen USDT, the company can destroy those tokens and issue clean replacements to law enforcement or victims.
Tether says it has already reissued around $1.1 billion and frozen $4.7 billion linked to illicit activity. Circle does not currently offer the same public process for third-party wallets, although its court filings show it has discussed similar arrangements with federal authorities.
The companies also draw the line in different places. Tether has said it sometimes acts before courts become involved if law enforcement requests help. Circle says it only responds through formal legal process, arguing that the approach protects users from wrongful or politically motivated freezes. Investigators counter that by the time those orders arrive, stolen crypto is often long gone.
Milwaukee County detective Scott Simons told ICIJ he has worked on more than a dozen cases where Circle either declined an early freeze request or where the court order came too late. For many victims, he said, the answer is simply that the money is gone.
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Bitcoin is hovering around $62,000, but the mood feels far less comfortable than the chart suggests. Bitcoin price prediction debates are increasingly focused on the BTC-to-gold ratio, not just another support level. It is one of those overlooked metrics that stays quiet until it steals the spotlight.
Fresh fighting between the United States and Iran rattled risk assets and sent traders scrambling. Bitcoin briefly slipped toward $62,000 as hundreds of millions in leveraged positions vanished. Meanwhile, oil surged toward $80 before easing, proving geopolitical shocks still know how to crash the party.
#Oil is down over 2% so far today. There were more bombings and drone strikes overnight but the market is fading this as nothing major.
Markets have tendencies to over react both ways so yesterday's move up was probably too far and part of today is that correcting. This is why I… pic.twitter.com/7cphC8Mbxw
— ian cooper (@icooperTrades) July 9, 2026
At the same time, higher energy prices revived inflation worries. Markets have raised expectations that the Federal Reserve could keep policy tighter for longer, even if a rate hike remains unlikely. That is hardly the kind of backdrop Bitcoin usually celebrates.
As a result, Bitcoin and gold are attracting attention for different reasons. Gold has regained its safe-haven appeal, while Bitcoin continues trading like a risk asset during sudden macro scares. If that pattern holds, the BTC to gold ratio could signal the next meaningful move before the price does.
BTC/XAU, Tradingview
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Bitcoin Price Prediction: Reclaim $65k, or Is the Triangle Breakdown Already Decided?
Bitcoin has climbed about 2.5% over the past week, with the price hovering near $62,800. That looks respectable at first glance, but the chart still has traders raising an eyebrow. Several analysts believe Bitcoin confirmed a breakdown from a multi-month symmetrical triangle, and charts rarely hand out second chances.
Support now sits around $62,000, while $60,000 remains the level everyone keeps watching. It already sparked heavy liquidations during the recent selloff, proving plenty of traders left the exit door unlocked. Meanwhile, resistance stands near $63,500 before the market faces another hurdle around $65,000.
Bitcoin (BTC)
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Trading activity remains healthy, with daily volume fluctuating between $30 billion and $40 billion. That suggests real participation instead of a sleepy summer market. Price swings may look messy, but there is still enough liquidity to keep both bulls and bears busy.
The bullish case returns if Bitcoin pushes back above $65,000 with stronger ETF demand and easing geopolitical tensions. A more likely outcome is sideways trading between $60,000 and $65,000 while investors wait for fresh economic data. If $60,000 gives way, liquidation pressure could quickly snowball, especially if large holders add to selling.
For now, sentiment remains more optimistic than the charts suggest. That gap does not always last forever, and markets usually force one side to admit defeat. Bitcoin has a habit of making everyone look clever, right before making everyone look wrong.
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Bitcoin Hyper Positions for Upside Where Base-Layer BTC Structurally Can’t
Here’s the tension: even if Bitcoin does reclaim $65k, the upside at a $1.23–1.26 trillion market cap is measured in percentages. Institutional accumulation narratives are real, but they compress the risk-reward for discretionary traders looking for asymmetric exposure.
Bitcoin Hyper ($HYPER) is targeting exactly that gap, structurally different risk-reward, same Bitcoin security thesis. It’s the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering sub-second finality and low-cost smart contract execution on top of Bitcoin’s base layer.
The presale has raised somewhere close to $33 million at a current price of $0.01368, with staking already live. The project’s Decentralized Canonical Bridge handles native BTC transfers without compromising on wrapping, a meaningful architectural distinction. BTC-adjacent infrastructure plays have historically captured outsized moves during Bitcoin consolidation phases, when capital rotates toward utility rather than waiting on spot price resolution.
Research Bitcoin Hyper at the official presale page.
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AscendEX has ceased all operations effective July 1, 2026, and told users it cannot guarantee full recovery of their balances, raising serious concerns about the exchange’s liquidity. The exchange published its official notice on July 6, five days after halting operations, citing MiCA compliance requirements, a failed strategic transaction, and deteriorating market conditions as the main reasons behind the crypto exchange shutdown.
The July 6 notice outlined the exchange’s financial challenges in unusually direct language. “We relied on an agreed strategic transaction that was to provide liquidity to grow the platform, and the counterparty did not perform; wider crypto market conditions have added further pressure,” AscendEX said. The exchange added that it is assessing available options for account holders while cautioning that it cannot guarantee withdrawal timing or recovery amounts.
JUST IN: ASCENDEX SHUTS DOWN AND USERS MAY NOT GET FULL BALANCES BACK
Crypto exchange AscendEX has ceased operations on July 1, citing MiCA, regulatory, financial and operational pressure.
The company’s statement indicated that current liquidity issues may restrict users from… pic.twitter.com/am7MLyBhFg
— Coin Bureau (@coinbureau) July 9, 2026
MiCA also played a role in the decision. The EU’s Markets in Crypto-Assets regulation came fully into effect on July 1, and AscendEX does not hold authorization under that framework. However, the exchange also pointed to financial and operational pressures, suggesting multiple factors contributed to its closure rather than regulation alone.
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ZachXBT Flagged Empty Hot Wallets Nine Days Before the Announcement
On-chain investigator ZachXBT publicly raised concerns on June 26 after receiving multiple reports of delayed withdrawals from AscendEX users. His review of the exchange’s publicly labeled hot wallet addresses found very low balances across ETH, USDT, USDC, and SOL.
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According to reports citing ZachXBT’s Telegram post, the exchange’s hot wallets appeared insufficient to cover multiple seven figure withdrawal requests reported by users. He advised affected customers to file reports with financial regulators and law enforcement in their jurisdictions and warned against depositing additional funds.
AscendEX has since suspended automated withdrawals, with all requests now subject to manual review. The exchange also stated, “We are not in a position to give assurances about timing or amounts today. No account holder or group of account holders is being given priority outside the documented review process.”
ALERT: ASCENDEX WITHDRAWAL ISSUES SPARK LIQUIDITY CONCERNS
On-chain sleuth ZachXBT flagged AscendEX for delaying user withdrawals while its hot wallets show critical shortages of large cap assets including ETH, USDT, and SOL, raising liquidity concerns.
Some users have… pic.twitter.com/zjMjY6S9cz
— Coin Bureau (@coinbureau) June 26, 2026
A Platform With a Prior Hack and a History as BitMax
AscendEX launched in 2018 as BitMax before rebranding in March 2021. Later that year, the exchange suffered a $78 million hot wallet hack that blockchain security firms attributed to North Korea’s Lazarus Group.
At the time, AscendEX said it would fully reimburse affected users. That response stands in contrast to its current position, where it says it cannot guarantee the timing or amount of any asset recovery. The scale of the current shortfall remains unclear.
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What Comes Next for AscendEX Users
The next major development will be whether AscendEX enters a formal insolvency process. Its July 6 notice states, “If any formal insolvency or similar process is commenced, the treatment of unresolved balances or claims may be subject to that process.” While no such proceeding has been announced, the exchange has acknowledged that possibility.
Users with funds on the platform should preserve account records and withdrawal requests. Following ZachXBT’s recommendation, affected customers may also consider reporting their cases to financial regulators and law enforcement in their jurisdictions. For now, withdrawals remain under manual review, and AscendEX has not provided a timetable for resolving outstanding claims.
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Robinhood Chain has already minted another paper millionaire. One wallet turned an $86 buy into $2 million from CASHCAT, and the number keeps changing.
The first viral hit on Robinhood’s Arbitrum based chain was not a tokenized stock. It was CASHCAT, a memecoin inspired by Robinhood’s old cat with cash logo. Onchain data shows the top five wallets have earned almost $3.7 million combined, proving memes still ignore the script.
LATEST: A trader turned $85 into over $2M by buying CashCat on Robinhood Chain within 30 minutes of launch, per Bubblemaps, a gain of roughly 27,000x. pic.twitter.com/0u29N0cB1d
— CoinMarketCap (@CoinMarketCap) July 9, 2026
One trader flipped an $838 buy into about $1.05 million across realized and unrealized gains. Another watched an $86 entry explode to nearly $2 million. Those eye watering profits came from thousands of traders happily buying the other side. Someone always catches the bouquet, while someone else catches the bill.
That is why CASHCAT has grabbed attention so quickly. The token is real, and the wallet gains are visible onchain. The tougher question is timing. New buyers could still be early, or they could be funding the next round of screenshots from traders already heading for the exit.
Bitcoin dominance remains elevated while daily crypto trading volume sits near $80 billion. That combination often pulls speculative money into tiny tokens chasing impossible returns. Whether CASHCAT becomes another legend or another expensive lesson depends on who runs out of buyers first.
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Can CASHCAT Sustain the Rally or Is the Exit Already Crowded?
CASHCAT’s market cap has cooled to roughly $88 million, while liquidity remains tiny beside it. That mismatch is where things get spicy. A few determined sellers can move the price far more than holders would like. Small pools rarely forgive big exits.
The token has dropped about 40% from its all time high near a $145 million valuation. Even so, trading activity remains intense as fresh buyers keep showing up. There is little chart history, so classic technical analysis offers about as much guidance as a weather forecast from last week.
Cashcat, Dexscreener
Instead, liquidity matters more than trendlines. Thin liquidity limits how much buying the market can absorb before volatility takes over. It also works the other way. One whale heading for the door can turn a gentle dip into a trapdoor.
The bullish case still exists if Robinhood Chain excitement returns and new money keeps flowing into memes. Otherwise, early winners may continue locking in gains while momentum fades. The bearish outcome is simple. One large wallet sells, everyone refreshes the chart, and gravity suddenly remembers its job.
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Maxi Doge Targets Early Mover Upside as Robinhood Chain Tests Thin Liquidity
CASHCAT illustrates what life-changing crypto gains look like when they work, and what the exit structure looks like when they don’t. A $105 million market cap against $6.6 million in liquidity means the window for outsized returns has likely narrowed significantly for new entrants.
Capital rotating out of late-stage memes has been finding its way into earlier-stage presales where the entry price hasn’t already been repriced by 1,250x.
POV: The government trying to work out how to tax capital gains on assets that price fluctuate pic.twitter.com/MXJPJDRzzJ
— MaxiDoge (@MaxiDoge_) July 7, 2026
Maxi Doge ($MAXI) is currently in presale at $0.0002828 per token, with $4.8 million raised to date on Ethereum. The project positions itself around a “1000x leverage trading mentality,” a 240-lb canine juggernaut aesthetic built for holders who want community-driven trading competitions.
It also has its own leaderboard rewards, a Maxi Fund treasury for liquidity and partnerships, and dynamic staking APY. The gym-bro meme culture is deliberate and viral-optimized.
For traders who want early-stage exposure before a potential exchange repricing, research Maxi Doge here.
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The post CASHCAT Turns $86 to $2 Million: Best Life-Changing Crypto to Buy? appeared first on Cryptonews.

Ripple just pulled off one of crypto’s more surprising mainstream moves. XRP price action has stayed calm, but prediction models now face a fresh wildcard. Meanwhile, XRP trades near $1.09 after slipping from this week’s highs. Traders have seen enough victory laps before the race even starts.
Kansas Athletics signed a multi-year partnership with Ripple, placing its branding across football, basketball, baseball, volleyball, softball, rowing, and other programs. That gives Ripple regular exposure during Big 12 broadcasts and social media highlights. It is a branding push aimed at credibility, not a sprint for new users.
A shared commitment to innovation and excellence.
Kansas Athletics is proud to announce a new groundbreaking partnership with Ripple, bringing the XRP brand to Jayhawk uniforms. pic.twitter.com/ucTnIk12QG
— Kansas Jayhawks (@KUAthletics) July 8, 2026
For XRP holders, the interesting part starts after the applause fades. Brand awareness is nice, but markets usually demand proof before handing out rewards. A logo on a jersey will not magically unlock buy orders, even if the mascot suddenly becomes crypto curious.
That leaves XRP trading in familiar territory around the $1.00 to $1.20 range. A sustained move higher will likely need stronger adoption or fresh institutional demand. Until then, this partnership is a welcome headline, but price charts still refuse to clap on cue.
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XRP Price Prediction: Break $1.20 on Mainstream Momentum?
XRP is still stuck in consolidation, and price prediction has become more about patience than excitement. The token trades near $1.09 after a modest weekly gain. Recent swings look more like traders arguing over lunch than picking a clear direction.
Technically, the chart still favors a wait-and-see approach. Support sits around $1.00 to $1.05, while resistance remains near $1.15 to $1.20. XRP is parked between those levels, leaving neither bulls nor bears with much to celebrate. Market capitalization stands near $68 billion, with roughly 62.5 billion XRP in circulation.
Xrp (XRP)
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A bullish breakout would likely require more than fresh headlines. Ripple’s Kansas Athletics partnership could improve brand recognition, but traders usually want stronger catalysts before chasing higher prices. A decisive move above $1.20, backed by solid volume, could shift momentum toward the $1.40 area.
The base case still points to sideways trading between $1.05 and $1.15. Meanwhile, macro events, regulatory developments, or fresh institutional demand could eventually tip the balance. Until then, XRP looks content to keep chart watchers glued to the same candles.
On the downside, losing the $1.05 support would put the $1.00 level under pressure. A clean break below that mark would weaken the current setup and raise the risk of a deeper pullback. Strong fundamentals help, but even good stories eventually need buyers to reach for their wallets.
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LiquidChain Targets Early Mover Upside as XRP Tests Key Levels
XRP at $1.09 with a $68 billion market cap is a legitimate position, but the upside math is what it is. Doubling from here means a $136 billion market cap, which requires a macro bull run and sustained institutional inflows.
Traders hunting asymmetric returns on the current cycle are rotating earlier in the stack. That’s the structural case for looking at infrastructure plays while large-caps consolidate.
All eyes are on LiquidChain. ⟁https://t.co/vqvBcdSQYC pic.twitter.com/GsuIe1xMnJ
— LiquidChain (@getliquidchain) July 7, 2026
LiquidChain ($LIQUID) is a Layer 3 infrastructure project built around a single thesis: fragmented liquidity across Bitcoin, Ethereum, and Solana is the persistent bottleneck for serious cross-chain execution.
Its Unified Liquidity Layer fuses BTC, ETH, and SOL ecosystems into one execution environment, so developers deploy once and access all three networks, with verifiable settlement and sub-second finality baked into the architecture. The presale has raised $890K at a current price of $0.01478 per $LIQUID.
Research LiquidChain’s presale details here.
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Robinhood, before its chain, made its name by bringing commission-free stock trading to everyday investors. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company launched a mobile-first brokerage app inspired by the aftermath of the 2008 financial crisis. Its mission was simple: “make investing accessible to everyone.”
The platform exploded in popularity during the 2021 meme stock frenzy, when retail traders piled into names like GameStop. Five years later, the company expanded beyond traditional finance with the launch of Robinhood Chain. Released on mainnet this July, it is a permissionless Ethereum-compatible Layer 2 network built using Arbitrum Orbit. The chain uses ETH for gas and is designed to bring tokenized real-world assets onchain.
Robinhood’s biggest selling point is its Stock Tokens, which give users economic exposure to companies such as NVIDIA, Apple, and Google. The network also supports AI-powered trading applications, around-the-clock markets, and integration with decentralized finance. Uniswap serves as its primary decentralized exchange, while Chainlink provides oracle services, and LayerZero powers cross-chain interoperability.
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Memecoins Hijacked the Spotlight
Robinhood Chain launched with tokenized stocks in mind, but traders had other ideas. Within days, memecoins became the network’s hottest sector, sending Uniswap trading activity soaring. Daily volume briefly topped $500 million as speculators rushed into newly launched tokens.
Robinhood Chain Daily DEX Volume Hits Record High Above $560 Million
Robinhood Chain’s DEX trading volume exceeded $560 million on July 8, hitting a new high. Daily active addresses approached 200,000, with more than 140,000 being new addresses making their first transaction.… pic.twitter.com/2u8Jis3y7J
— Wu Blockchain (@WuBlockchain) July 9, 2026
One of the biggest winners was CASHCAT, which quickly climbed beyond a $100 million market capitalization while attracting tens of millions of dollars in daily trading volume. Some early traders even reported turning $86 investments into $2 million, a life-changing gain, drawing comparisons with Solana’s explosive memecoin cycles.
Robinhood CEO Vlad Tenev soon acknowledged the trend. Yesterday, he posted on X that while Robinhood Chain was built to become the best network for real-world assets, it also worked great for memes.
While we’re building robinhood chain to be the best chain for RWA … it works great for memes too
— Vlad Tenev (@vladtenev) July 8, 2026
The comment marked a noticeable change in tone. Earlier in 2025, Tenev spoke about moving beyond Bitcoin and memecoins toward tokenized securities. Instead of resisting the speculation, Robinhood appears willing to embrace the activity as long as it helps attract users and liquidity.
That strategy is not without precedent. Memecoins often serve as crypto’s easiest entry point because they require little technical knowledge and relatively small amounts of capital. Their viral nature draws new users into an ecosystem, many of whom later explore decentralized finance, tokenized assets, or other blockchain applications.
Solana demonstrated this after the FTX collapse, when BONK reignited network activity and brought retail traders back. Robinhood Chain appears to be following a similar path, with speculative trading generating liquidity that could eventually benefit its Stock Tokens and broader DeFi ecosystem.
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How to Buy Robinhood Chain Memecoins
If you want to trade Robinhood Chain memecoins, getting started only takes a few steps. You’ll need an EVM-compatible wallet, some ETH, and an official bridge to move your funds onto the network.
Step 1: Set up a wallet
One of the easiest ways to access Robinhood Chain is through Best Wallet, a non-custodial crypto wallet that lets you manage assets across multiple blockchains from a single app.
After downloading the app, create a new wallet or import an existing one using your recovery phrase. Make sure to securely back up your seed phrase before depositing any funds, as it’s the only way to recover your wallet if you lose access to your device.
If Robinhood Chain is already supported in your version of Best Wallet, simply select the network from the available chains. If not, you can add it manually using the official network details published by Robinhood. Users who prefer other wallets can also use Robinhood Wallet, MetaMask, or Rabby, all of which are compatible with the network.
Step 2: Bridge your ETH
Once your wallet is ready, transfer ETH from Ethereum to Robinhood Chain using an official bridge or a bridging platform like Rocket. The canonical Arbitrum Bridge is the safest choice, while partners such as Across, LayerZero, Stargate, Relay, and LiFi offer faster transfers for supported assets. Whatever service you choose, always access it through the project’s official website rather than links shared on social media or messaging apps.
Step 3: Connect to Uniswap
After your ETH arrives, visit Uniswap and switch your wallet to Robinhood Chain. From there, you can swap ETH for supported memecoins like CASHCAT or any other token you’ve researched. Before confirming a trade, verify the token’s contract address using the project’s official website or a verified X account. Newly launched chains often attract fake tokens that imitate trending projects.
Step 4: Keep your funds safe
Always send a small test transaction before moving larger amounts. Double-check wallet addresses, review every transaction before signing, and avoid granting unlimited token approvals unless they’re necessary. If you’re holding a significant amount of crypto, consider using a hardware wallet for additional protection.
Robinhood Chain is still in its infancy, and the memecoin market moves fast. While early traders can see explosive gains, most new tokens never survive. Stick to official wallets, bridges, and decentralized exchanges, invest only what you can afford to lose, and remember that security is just as important as finding the next viral token.
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The post Robinhood Chain: From Wall Street Roots to Onchain Memecoins – How to Bridge Safely appeared first on Cryptonews.

Ethereum price has slipped as fresh ecosystem drama landed, which may bring its prediction down. All the while, buyers tried to defend the mid $1,700 area.
The latest spark came from Ethereum researcher Toni Wahrstätter, who proposed adding native UTXO-style payments to Ethereum. The design would keep only a small spent marker in the network state. With this, most payment data would stay in blockchain history, cutting permanent storage needs by as much as 99.8%.
That proposal quickly caught Charles Hoskinson’s attention. The Cardano founder argued that Ethereum was borrowing ideas from Cardano’s Extended UTXO model without giving credit. His comments revived the familiar Cardano versus Ethereum rivalry, proving that some crypto debates are never-ending.
Hoskinson Says Ethereum Is Trying to Copy Cardano’s Extended UTXO
Charles Hoskinson says Ethereum $ETH is attempting to copy Cardano's Extended UTXO, or EUTXO, while refusing to acknowledge its origins.
This comes after Ethereum Foundation researcher Toni Wahrstätter shared a… pic.twitter.com/4ldkon6Rrp
— BSCN (@BSCNews) July 8, 2026
For traders and holders, the technical argument matters less than the market reaction. Ethereum’s roadmap continues to evolve, and every major proposal invites fresh scrutiny. That uncertainty can create opportunity, although it also keeps volatility close at hand. In crypto, the comment section sometimes moves almost as fast as the charts.
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Ethereum Price Prediction: Recover to $1,800?
Ethereum price hovered around $1,730 as traders eased off the gas after the latest rally. During the past day, it moved between $1,710 and $1,785. Over the last week, ETH climbed as high as $1,830 before slipping back, showing buyers are still around even if they are no longer chasing every green candle.
The first level to beat is still $1,820 to $1,830. ETH has tested that area more than once and keeps getting turned away. On the downside, $1,700 to $1,725 has been the spot where buyers keep showing up. Lose that, and the mood could change fast.
Ethereum (ETH)
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Right now, this looks more like traders cashing in than running for the exits. After a strong move, some cooling off is hardly shocking. Price can drift sideways for a while without wrecking the trend, especially if buyers refuse to give up the $1,700 level.
If ETH climbs back above $1,830, the conversation quickly shifts to $2,000 again. If it closes below $1,700 instead, sellers could drag it toward $1,600. For now, Ethereum feels like someone standing outside a party, checking twice before ringing the bell again.
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LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels
ETH at $1,740 is still 64% below its all-time high. The upside math is compelling on paper, but at this market cap, getting a 10x from here requires a full-cycle bull run that may or may not materialize in the near term.
Early-stage infrastructure plays with smaller floats have historically moved faster in the early innings of a cycle, which is exactly the window some traders are watching. The Cardano situation is a useful reminder that even strong technical foundations don’t automatically translate to price performance.
All eyes are on LiquidChain. ⟁https://t.co/vqvBcdSQYC pic.twitter.com/GsuIe1xMnJ
— LiquidChain (@getliquidchain) July 7, 2026
LiquidChain ($LIQUID) is a Layer 3 infrastructure project attempting to solve a problem that the ETH-Cardano UTXO debate underscores: liquidity fragmentation across siloed chains. Its core proposition is a Unified Liquidity Layer that fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment. With Liquid, developers deploy once and access all three ecosystems.
The presale is priced at $0.01478, with $890K raised to date. Standout technical features include Single-Step Execution and Verifiable Settlement, targeting the exact cross-chain friction that makes multi-chain development expensive.
Research LiquidChain here before making any allocation decisions.
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Fresh Iran headlines sent us scrambling last night, but the panic did not last. Markets, especially Bitcoin and Ethereum price, sold off after new geopolitical developments, only to reverse within hours once the narrative changed. Bitcoin price bounced sharply from the lows, while Ethereum held relatively steady, as many expected.
The first reaction was predictable as traders dumped crypto, oil jumped, and stocks went lower. For a moment, it looked like another geopolitical shock would drag the market into a deeper correction. Instead, buyers showed up almost immediately, refusing to let the bears gain momentum.
BREAKING: President Trump says Iran called him and “they want to make a deal so badly.”
US stock market futures turn green on the news. pic.twitter.com/1MkYnxxkCK
— The Kobeissi Letter (@KobeissiLetter) July 9, 2026
By this morning, the fear had mostly disappeared, with Bitcoin recovered most of its losses, and Ethereum barely lost its footing. It was another classic whipsaw that punished emotional trading more than anything else.
The latest Iran headlines looked scary enough to spark a classic risk-off move. Oil climbed, stocks weakened, and the Bitcoin price slipped as traders rushed to reduce exposure. The Ethereum price also moved lower but avoided the heavier selling that hit Bitcoin during the first wave.
Then the market did what it does best. It flipped. Reports that Iran was willing to return to negotiations erased much of the fear within hours. Bitcoin ripped higher, Ethereum stabilized, and anyone who panicked sold was suddenly chasing prices instead. Headlines may move markets, but they rarely stay in control for long.
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Bitcoin Price Refuses to Stay Down
Bitcoin (BTC)
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Bitcoin price once again proved why betting against it after a headline-driven selloff is rarely an easy trade. Buyers defend support and erased most of the decline. In the end, bulls pushed the market back into familiar territory.
That recovery came despite spot Bitcoin ETFs recording $84 million in net outflows, ending a three-day buying streak. Normally, that would weigh on sentiment, yet Bitcoin ignored the script. It has built a habit of frustrating traders who expect every negative headline to become a lasting trend.
ETF Flow, Coinglass
Regulators also stayed busy as Europe continued reviewing crypto rules under MiCA, the United States pushed stablecoin legislation forward, and India’s central bank repeated its call for tighter restrictions. None of those developments mattered as much as the market’s ability to shrug off another wave of geopolitical fear.
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Ethereum Price Fights Bears
Ethereum is in a tight price range while the rest of the market bounced around. It did not match Bitcoin’s rebound, but it also avoided a meaningful breakdown. On a day dominated by uncertainty, it surprisingly stays steady.
However, the chart is still flashing warning signs. A weekly death cross has formed, convincing the bears after months of weakness. Momentum indicators remain soft, and another move lower cannot be ruled out if sellers regain control. Even so, experienced traders know those signals often appear near the end of a downtrend.
Ethereum (ETH)
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Outside the charts, the crypto industry kept moving. AscendEX confirmed it is winding down operations, tokenized equities continued gaining traction, and lawmakers debated fresh crypto legislation. In the end, Bitcoin price erased most of its losses, the Ethereum price held key support, and the latest Iran drama faded almost as quickly as it appeared.
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The post Crypto News, July 9: Iran Market Fears Fade as Bitcoin and Ethereum Price Shrug Off Another Panic appeared first on Cryptonews.

XRP price prediction remains in focus as the coin experiences another quiet pullback. The token has slipped about 2% over the past day, but sellers have not taken full control. For now, it looks more like a coffee break than a panic.
The latest XRP Ledger server upgrade, v3.2.0, has crossed the key validator threshold. Thirty-one of the 35 validators on the default Unique Node List now run the new version. That comfortably clears the 80% level needed for stable network consensus.
XRP Ledger Upgrade Passes Major Milestone
The $XRP Ledger's v3.2.0 upgrade has reached a key milestone, with more than 55% of trusted validators now running the latest software.
The upgrade introduces infrastructure improvements, security fixes and developer enhancements across… pic.twitter.com/AQQjFHcdhN
— BSCN (@BSCNews) July 8, 2026
Meanwhile, most relay nodes still use the older release, but they do not determine consensus. Validators carry that responsibility, making their adoption rate the figure that matters most. Even so, the fixCleanup3_2_0 amendment still needs more validator backing before activation.
XRP has also held up better than much of the crypto market over the past week. That keeps the recent dip looking like consolidation instead of a trend reversal. If buyers defend nearby support, bulls could soon have another shot at higher prices.
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XRP Price Prediction: Reclaim $1.2 This Week?
XRP price prediction has turned cautious after the token slipped to about $1.10. The latest session traded between roughly $1.10 and $1.12. Even so, XRP is still hovering near a level buyers have defended several times lately.
Support sits around $1.05 to $1.10, where buyers have repeatedly stepped in. Meanwhile, resistance remains near $1.15 to $1.18. It is not the flashiest chart around, but sometimes boring charts save traders from expensive lessons.
Xrp (XRP)
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If XRP holds above $1.10, buyers could make another run toward $1.18. On the other hand, a daily close below $1.05 would weaken the recent structure. That could expose the psychological $1.00 area, with about $0.98 acting as the next notable support.
The recent XRPL validator upgrade is a welcome improvement for the network. Still, technical upgrades rarely lift prices without stronger demand behind them. For now, trading volume, market sentiment, and fresh capital flows are likely to matter more than software updates alone.
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Bitcoin Hyper Targets Early-Mover Upside as XRP Tests Key Levels
XRP holding $1.10 after a 4.4% weekly outperformance is a reasonable position, but at a $65 billion market cap, the asymmetric upside a trader might want requires a significant re-rating. That math pushes some capital toward early-stage infrastructure with a smaller base and a specific technical edge.
Speculative positioning on XRP’s longer-term targets remains elevated, but traders looking for asymmetry at current prices are increasingly eyeing presale infrastructure plays.
Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with SVM integration, combining Bitcoin’s security with Solana Virtual Machine execution speed, targeting performance that exceeds Solana’s current throughput.
The project has raised $32.9 million at a current token price of $0.0136828, with staking incentives active for early participants. The core proposition is closing Bitcoin’s programmability gaps like slow transactions, high fees, and no native smart contract layer, without sacrificing the base layer’s trust model.
Research Bitcoin Hyper here before considering any allocation.
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The post XRP Price Prediction: Validators Welcome XRP Ledger Last Upgrade appeared first on Cryptonews.

The SEC has formally placed three crypto rulemaking items on its 2026 regulatory agenda, according to the Agency Rule List, covering the offer and sale of crypto assets, broker-dealer financial responsibility rules, and Exchange Act amendments for crypto trading on alternative venues.
The moves signal a Commission that is building a structured exemptive regime in parallel with Congress, rather than waiting for legislation to force its hand.
Source: SEC
That distinction matters. The CLARITY Act remains unsigned as of early July. The SEC’s decision to queue its own rulemakings now, compresses the timeline for market participants who assumed the regulatory overhaul would arrive via statute first.
Three Items, Three Distinct Market Implications
The first item addresses how crypto assets are offered and sold, and explicitly contemplates certain exemptions and safe harbor provisions. The SEC has already proposed an innovation exemption allowing firms to issue and trade tokenized securities, specifically tokenized U.S. stocks, and that guidance is likely to fall under this rulemaking bucket.
Chair Paul Atkins has framed the broader agenda as embracing innovation, bringing more products onshore, and providing clarity regarding tokenized securities.
For token issuers currently navigating registration ambiguity, a codified safe harbor is the most commercially significant item on the agenda.
It determines whether a project can sell tokens to U.S. retail participants at all, and under what disclosure conditions. The specifics, thresholds, timelines, and the definition of sufficiently decentralized governance remain unresolved, which is precisely why the rulemaking notice is consequential.
Photo: Paul Atkins
The second item targets broker-dealer financial responsibility rules: specifically, Rules 15c3-1 (net capital), 15c3-3 (customer protection), 17a-3, and 17a-4 (books and records), with amendments proposed to address how these apply to crypto assets.
The SEC had previously outlined conditions allowing certain DeFi platforms to operate without registering as broker-dealers. The coming rulemaking could codify those conditions or tighten them, a distinction that will determine whether front-end interface providers and aggregators face full registration burdens or a narrower compliance path.
The third item is a set of Exchange Act amendments covering crypto trading on ATSs and national securities exchanges. This is the market structure piece, the rules governing how venues operate, what disclosures they owe, and how order flow in crypto-asset securities is treated relative to traditional equities.
An ATS operating in crypto currently sits in a compliance gray zone; amended Exchange Act rules would clarify whether existing ATS registration frameworks apply as-is or require a parallel crypto-specific track.
Atkins’ Framing and the Political Context
Chair Atkins, according to the primary source, highlighted the Commission’s effort to embrace innovation, bring more products onshore, create clear rules for capital raising within the crypto ecosystem, and provide clarity regarding tokenized securities, framing all three items as part of delivering on President Trump’s goal to make the U.S. the world’s crypto capital.
That framing is politically deliberate: it ties the SEC’s rulemaking pace directly to an executive mandate, which insulates the agenda from internal resistance and signals to institutional market participants that the direction is durable.
President Trump, at the official kickoff of Trump accounts, stated he was a big fan of crypto and suggested Bitcoin could eventually be included in those accounts.
The political tailwind behind the crypto regulation overhaul is not ambiguous, but political will and regulatory execution are separate variables, and the SEC’s agenda items are proposals, not final rules.
The post SEC’s 2026 Crypto Rulemaking Plan: Safe Harbors, Broker-Dealer Rules and ATS Amendments appeared first on Cryptonews.

Eli Ben-Sasson, Zcash founder and and CEO of StarkWare, the company behind Ethereum Layer 2 scaling solution Starknet, publicly argued that Bitcoin 21 million supply cap “doesn’t make sense.” He is also proposing instead that the network adopt a hard ceiling on the annual issuance rate.
Ben-Sasson’s core argument centers on key loss. Because private keys are permanently lost over time, the coins attached to those keys remain on the ledger but fall out of practical circulation, making the usable supply unknowable and trending downward. His proposed fix: replace the fixed total-coin ceiling with a fixed inflation rate ceiling. His specific figure was 4% per year, which he described as “a reasonable upper bound on human population expansion.”
Capping the supply of Bitcoin at 21M doesn't make sense. Beacuse over time, keys will be lost. In fact, as time goes to infinity, all keys will be lost.
I strongly support a clear monetary policy with an absolute upper bound on the # of Bitcoins in the future. Say, fix a max…
— Eli Ben-Sasson | Starknet.io (@EliBenSasson) July 7, 2026
The shift is from capping the stock of coins to capping the annual flow of new issuance, a distinction that sounds technical but carries enormous structural implications for every holder who priced Bitcoin’s scarcity into their position.
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Zcash Co-Founder Right about Bitcoin?
Alongside the lost-key argument, the Zcash co-founder, Ben-Sasson, flagged Bitcoin miner security as a compounding concern. The block reward currently stands at 3.125 BTC following the April 2024 halving, and it will continue to decline on schedule, eventually reaching zero around 2140. As the subsidy shrinks, miners depend increasingly on transaction fee revenue to stay economically viable, and a network that cannot sustain miner participation becomes progressively more vulnerable to attack. Ben-Sasson described this risk as “looming large on the horizon.”
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This part of the argument has genuine traction among protocol researchers, independent of whether one accepts the rest of Ben-Sasson’s thesis. Bitcoin’s long-run security model is a real open question – the assumption that fee revenue will fully compensate for the disappearing block reward is unproven at scale. Raising that issue does not require agreeing that the supply cap should change.
The lost-coin case is harder to quantify precisely. We estimated the effective circulating cap at roughly 18.5 million BTC once permanently inaccessible coins are excluded, with Ledger placing lost supply as high as 4 million BTC as of late 2024. Approximately 19.9 million BTC have already been mined, or around 95% of the eventual total, leaving only about 1.1 million BTC remaining to be issued over the next century-plus. The attrition from key loss is real.
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This Won’t Go Nowhere
The governance math is unambiguous. Changing Bitcoin’s supply cap would require a Bitcoin Improvement Proposal, new client software, and adoption by miners, nodes, and users. Approximately 97% of Bitcoin nodes currently enforce the existing supply schedule. A cap change is not technically impossible, but a fork that dilutes scarcity would split the chain and likely destroy much of the value it was ostensibly trying to preserve. The debate around Bitcoin’s role as a strategic reserve asset makes any hint of supply flexibility even more politically toxic in the current environment.
The community’s divisibility counterargument is also worth understanding precisely. Bitcoin’s 21 million coins subdivide into 2.1 quadrillion satoshis, providing more than enough unit granularity to accommodate adoption at any realistic price level. Ben-Sasson’s rebuttal, that “satoshis would also trend toward zero in absolute terms if key loss continues indefinitely,” is technically correct but operates on a timescale measured in centuries, not trading horizons.
This is a terrible idea. The fact that you can think of changing a protocol built around scarcity and decentralization. Once one major change like this is made then others will come on in and do the same. You're destroying the idea of what Bitcoin set out to be .Why don't you…
— Angel Akiyta (@AngelAkiyta) July 7, 2026
What makes Ben-Sasson’s intervention notable is not its probability of success. It has none. What matters is who is raising the argument and why: a prominent ZK-proof technologist with credibility in the Ethereum ecosystem, citing miner security degradation as the mechanism that could eventually force the conversation.
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