Investment financial institution Mizuho downgraded Circle (CRCL) to underperform from impartial. The financial institution additionally lower its worth goal for the inventory, citing threats from Open USD. The downgrade landed as JPMorgan additionally lowered its Circle and Coinbase (COIN) estimates. Both banks pointed to mounting strain on the economics behind USDC (USDC). Open USD Rattles…
Robinhood Chain is clearing greater than $800 million in every day decentralized change (DEX) quantity two weeks after launch, with meme cash doing a lot of the lifting. Artemis CEO Jon Ma warns that the community’s greatest power might turn into its greatest legal responsibility. The layer-2 community runs on Arbitrum, dealing with trades sooner…
Lucid Group (LCID) shares crashed almost 50% on Tuesday after a report raised chapter fears. The inventory fell so quick that exchanges paused buying and selling thrice. The report claimed the electrical automobile (EV) maker might go non-public or file for chapter. Lucid rapidly denied it, but the panic erased about half of its market…
Elon Musk’s web value has fallen greater than $500 billion from its June peak of $1.45 trillion as SpaceX inventory slid practically 40% from report highs reached days after the corporate’s Nasdaq debut. SPCX traded close to $142.50 on Tuesday, up 1.74%, after printing an all-time low of $136.78 on Monday. Analysts argue the correction…
TxFlow L1, the Layer 1 blockchain powering a multi-application onchain monetary ecosystem constructed round its TIP Liquidity Standards, right this moment introduced its second Channel: Probly, the first prediction-market application constructed on TxFlow Improvement Protocol 3 (TIP3). Following TxFlow DEX—the blockchain’s first utility and a central restrict order e book (CLOB) decentralized change for perpetual…
Robinhood Chain’s explosive first two weeks have revived a well-known query. Is Ethereum useless, or did a brokerage serving almost 28 million clients simply ship the strongest argument but that it’s quietly successful? The layer-2 launched on July 1, constructed with Arbitrum expertise and utilizing ether (ETH) as its native fuel token. Ethereum finalizes its…
AFX, a high-performance sovereign Layer 1 purpose-built for decentralized derivatives, joined Japan Blockchain Week Summit 2026, the place it shared its imaginative and prescient for the future of on-chain buying and selling following the platform’s latest milestone of surpassing $1.1 billion in cumulative buying and selling quantity. During the summit, AFX Head of Growth Ken…
A recent AI bubble warning is cracking reminiscence chip shares. SanDisk, SK Hynix, Micron, and Samsung all present bearish reversal patterns after a scorching 2026 rally. The injury might not be even. This appears to be like much less like one sector transfer and extra like a stock-by-stock reckoning, the place even Samsung, the relative…
Morgan Stanley, Bank of America, Mizuho, and Compass Point raised their Robinhood Markets (HOOD) value targets between July 2 and July 10. The new vary runs from $124 to $132, with second-quarter earnings due July 29. Four rival desks shifting in the identical route inside eight days is uncommon. The catalysts they cite sit on-chain,…
There is no single greatest foreign money for each sort of saving. Our analysis discovered three property with three totally different jobs: the US greenback for liquidity, gold for long-term insurance coverage, and Bitcoin for high-risk upside. The Swiss franc was the strongest government-issued foreign money in the research. Yet even the franc failed to…