Tom Lee of Fundstrat predicts the S&P 500 will reach between 7,900 and 8,000 in August, driven by strong corporate earnings, improving investor sentiment, and ongoing AI investment. He highlights Ethereum, the Magnificent Seven tech stocks, and software companies as key leaders in this rally. Lee notes that recent market deleveraging created bearish sentiment, which is now easing, allowing sidelined investors to re-enter. Corporate profits are exceeding expectations, and 2027 earnings forecasts are rising, supporting his bullish outlook. Ethereum's momentum is bolstered by whale accumulation and ETF inflows, though its impact on the S&P 500 is indirect. Other sectors like semiconductors and financials also show positive signs, suggesting a broad-based market recovery.
DeFi's total value locked (TVL) slightly declined to $75.12 billion, down 0.3% from last week and about 34% below the year's peak, reflecting cautious capital deployment despite steady network activity. Ethereum remains dominant with over 55% of TVL ...
The U.S. Senate postponed the vote on the Crypto Clarity Act until September, causing XRP to drop 5.5% over the week, the largest decline among major cryptocurrencies. Bitcoin remained stable around $64,300, supported by inflows into spot bitcoin fun...
Allora Forge has expanded its decentralized AI platform by adding four new topics that predict 15-minute realized volatility for Bitcoin, Ethereum, Ripple, and Solana. These models collect data every five minutes and use a regret-based scoring system...
On-chain data shows that large XRP holders have been steadily buying during a recent market downturn, maintaining their positions without pushing prices aggressively higher. Meanwhile, Ethereum holders are experiencing more significant paper losses, ...
Grayscale Investments rebalanced its Smart Contract Fund in Q2 2026, adding BNB to hold 30.6% of the portfolio, ahead of Ether (29.47%) and Solana (29.15%). This move highlights BNB's growing institutional appeal. The fund also reduced holdings in Un...
