coinsignals

Ethereum Unstaking Queue Falls to Zero as Staking Demand Hits Record High

One of Ethereum’s most closely watched on chain metrics has undergone a remarkable shift, highlighting growing long term confidence among validators.

Less than a year ago, Ethereum validators faced withdrawal delays of up to 45 days as millions of ETH waited to exit staking. Today, the unstaking queue has completely disappeared, even as more investors continue locking their ETH into the network.

Unstaking Demand Has Vanished

According to ValidatorQueue data, there is currently no ETH waiting to be unstaked. Anyone choosing to withdraw their staked Ether can now begin the process immediately, with only the protocol’s standard withdrawal procedure applying.

The contrast with last year’s third quarter is striking. At the time, the validator exit queue had expanded to roughly 2.6 million ETH, forcing participants to wait as long as 45 days before accessing their funds. Ethereum co founder Vitalik Buterin defended the lengthy delays, describing them as an important security feature that helps protect the network.

The situation has now completely reversed.

Instead of waiting to exit, validators are now lining up to join the network.

Record Staking Interest

ValidatorQueue data shows that more than 2.5 million ETH is currently waiting to enter staking, creating an estimated activation delay of almost 44 days.

In other words, investors are now willing to wait more than six weeks before they can begin earning staking rewards, reflecting strong confidence in Ethereum’s long term outlook.

Institutional participation has also continued to grow. Tom Lee’s Bitmine remains one of the largest staking participants, with more than 4.9 million ETH staked through its institutional platform, MAVAN.

Although staked ETH is not permanently removed from circulation, it is generally considered less liquid because validators must complete Ethereum’s withdrawal process before those holdings become accessible again.

Demand Rises Despite Lower Rewards

Interestingly, the surge in staking has occurred even as returns for validators have declined.

According to crypto analyst Merlin The Trader, annual staking rewards have fallen from 3.05% to 2.62%, while Ethereum’s issuance rate has increased from 0.757% to 0.842%.

Despite lower yields and higher issuance, the amount of ETH committed to staking has continued to climb to record levels, suggesting that many investors remain focused on long term participation in the network rather than short term returns.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

XRP ETF Inflows Reach New High Despite Slowing Investor Demand

XRP’s spot ETFs set another record for cumulative inflows, but weakening daily activity and another failed price breakout continue to raise concerns.

Spot exchange traded funds tied to XRP began the week on a positive note, pushing cumulative net inflows to a new all time high. However, the momentum quickly faded as the remainder of the week saw little investor activity.

Meanwhile, spot HYPE ETFs extended their losing streak, posting a second consecutive week of net outflows.

XRP ETFs Hit Record Levels as Activity Slows

According to SoSoValue, spot XRP ETFs recorded net inflows of £2.49 million on Monday, followed by another £5.66 million on Tuesday. Those gains helped lift cumulative net inflows to nearly £1.5 billion, the highest level since the products launched.

Despite the strong start, the remaining three trading sessions of the week produced no reportable net inflows, with each day ending at zero. This trend has become increasingly common in recent weeks.

A similar pattern emerged the previous week, when only one trading day recorded positive flows while the other four finished flat. Looking at the broader picture, 10 of the last 15 trading sessions have registered zero net inflows.

Although XRP ETFs have now posted two consecutive weeks of positive overall performance, the decline in daily investment activity suggests investor enthusiasm has cooled. This follows an impressive nine week streak during which the funds attracted more than £150 million in fresh capital.

XRP Rally Loses Momentum

XRP itself responded positively at the start of the week, climbing from below £1.09 to a multi day high of around £1.16, potentially supported by the continued ETF inflows.

However, the rally failed to gain further traction, with the cryptocurrency once again meeting resistance before retreating below £1.10 at the time of writing.

HYPE ETFs Extend Losing Streak

After quickly becoming one of the market’s most popular crypto ETF products, HYPE funds have recently experienced a sharp reversal in investor sentiment.

The ETFs previously enjoyed a record breaking week that brought in more than £110 million in net inflows. Over the past two weeks, however, investors have consistently withdrawn capital.

During the latest five day trading period, HYPE ETFs recorded more than £8.6 million in net outflows, following another week that saw £7.26 million leave the funds.

As a result, cumulative net inflows have declined from a record high of £308.6 million to approximately £292.73 million by the close of trading on Friday.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Another Major Crypto Exchange Announces Shutdown Following BitMEX Exit

The platform’s native token lost nearly 60% of its value shortly after the closure announcement.

Unlike the previous crypto bear market, when many exchanges responded by reducing their workforce, the current downturn has forced several platforms to shut down entirely. The latest to announce its closure is BitMart.

BitMart Begins Wind Down Process

Founded during the 2017 cryptocurrency bull market, BitMart grew to support more than 1,700 digital assets. However, the exchange has now confirmed that it is beginning an orderly wind down of its trading operations.

The platform has already stopped accepting new user registrations, deposits, and new trading orders. Trading services will be fully discontinued one month from now, while the exchange is scheduled to officially cease operations at 15:59 UTC at the end of January. Users will still be able to withdraw their funds after trading ends.

BitMart has advised customers to close all open positions, complete any required Know Your Customer verification, and transfer their assets off the platform as soon as possible.

Native Token Suffers Sharp Decline

The announcement triggered an immediate sell off in BitMart’s native token, BMX, which plunged by more than 60% within 24 hours.

BMX was trading around $0.32 before the news became public but fell to roughly $0.09 afterward. The token is now about 90% below its all time high of $0.619, which it reached in early 2024, according to CoinGecko.

BitMEX and Other Crypto Platforms Also Closing

BitMart’s decision follows a string of recent shutdown announcements across the crypto industry.

Earlier this week, cryptocurrency derivatives exchange BitMEX, co founded by Arthur Hayes, revealed that it will permanently cease operations on September 23. Once known for pioneering 100x perpetual swap contracts, the platform had been active for nearly a decade but gradually lost its position among traders in recent years.

The wave of closures has also affected decentralised finance projects. DEX aggregator Odos announced on July 24 that it will discontinue all of its services at the end of July.

On the same day, rival platform Dango also confirmed it would wind down operations. The project, which describes itself as the “Endgame Exchange,” cited a range of unspecified reasons behind the decision. Trading on the platform will end on July 29, while the Dango Layer 1 blockchain is scheduled to shut down on August 13.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Tesla Holds Firm on Bitcoin in Q2 2026 Despite Corporate Selling Trend

The electric vehicle giant made no changes to its Bitcoin holdings during the second quarter of 2026, continuing one of the longest uninterrupted corporate holding streaks among publicly traded companies.

While several major corporate Bitcoin holders adjusted their positions over the same period, another Elon Musk company, SpaceX, which recently went public, attracted attention after making a small Bitcoin transfer that sparked speculation.

Tesla Keeps Its Bitcoin Position Unchanged

Although Bitcoin received little attention during Tesla’s latest earnings call, the company confirmed it neither bought nor sold any BTC during the quarter. As a result, Tesla continues to hold 11,509 BTC, maintaining its status as one of the largest publicly traded corporate owners of Bitcoin.

Tesla first entered the cryptocurrency market in early 2021 with a landmark $1.5 billion Bitcoin purchase, one of the most significant corporate crypto investments at the time. The company later sold 10% of its holdings to test Bitcoin’s liquidity before offloading 75% of its remaining position during the 2022 bear market. Elon Musk said the sales were intended to strengthen Tesla’s cash reserves amid growing economic uncertainty.

Since then, Tesla has left its Bitcoin holdings untouched. Despite several years of market volatility, major price swings, and multiple record highs, the company has consistently reported the same 11,509 BTC on its balance sheet every quarter.

This makes Tesla one of the few major corporate Bitcoin holders to maintain a completely unchanged strategy for more than three years.

SpaceX Transfer Draws Attention

Unlike Tesla, SpaceX recently made a small Bitcoin transfer that briefly fueled market speculation. However, the movement did not result in any significant changes to the company’s overall holdings.

According to its latest SEC filing before its initial public offering, SpaceX still owns 18,712 BTC, indicating that its long term Bitcoin position remains largely intact.

Tesla and Bitcoin Close in Market Value

Tesla’s commitment to holding Bitcoin comes as the company’s market capitalisation remains remarkably close to that of the cryptocurrency itself.

According to CompaniesMarketCap data, Bitcoin currently has a market capitalisation of about $1.31 trillion, while Tesla ended Friday with a valuation of approximately $1.26 trillion.

Bitcoin ranks 13th among the world’s most valuable assets, well below its previous peak of sixth place, while Tesla sits one position behind. Meta Platforms and SpaceX are the other two entities just outside the global top 10 rankings.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Meme Coins Take Center Stage as Bitcoin Holds Above $64K: Weekend Market Watch

Shiba Inu, VVV, and PEPE emerged as Sunday’s biggest winners, significantly outperforming most of the broader crypto market.

Bitcoin posted modest gains on Saturday after US President Donald Trump paused planned military strikes on Iran. The move briefly lifted BTC to $64,500 before the asset gave back part of those gains.

While Bitcoin remained relatively stable, meme coins stole the spotlight, with Shiba Inu leading the rally after surging more than 35%. Most major altcoins also traded higher, although their gains were far more moderate.

Bitcoin Maintains $64K Support

Bitcoin started last week under pressure, falling from around $65,000 to $63,750 on Monday. Buyers quickly stepped in to defend that level, helping the cryptocurrency recover by roughly $2,000 before the day ended.

The rally continued on Tuesday as BTC climbed to nearly $67,000 on some exchanges, marking its highest level of the month.

After adding more than $3,000 in just over a day, the asset entered a cooling phase. Selling pressure pushed Bitcoin below $65,000 on Thursday. Another attempt to break higher on Friday stalled at $65,750, with the rejection sending the price down by around $2,000.

Bulls regained control before a deeper decline could develop, allowing Bitcoin to stabilize around the $64,000 level. Sentiment improved on Saturday after Trump instructed the US military to hold off on planned action while diplomatic talks involving Iran and Oman resumed, helping BTC briefly climb to $64,500.

At the time of writing, Bitcoin continues to trade above $64,000. Its market capitalisation has recovered to approximately $1.29 trillion, while its dominance over the altcoin market has climbed to nearly 57%.

Shiba Inu Leads Meme Coin Rally

Shiba Inu delivered one of its strongest performances in months, soaring more than 35% in a single day to reach its highest price in about two months.

PEPE also posted impressive gains, rising nearly 10% over the past 24 hours and more than 26% during the past month. Dogecoin followed with a daily increase of about 5.8%, trading near $0.073.

VVV joined the list of standout performers after climbing roughly 12% to around $14.50, while Avalanche advanced by about 9%.

Elsewhere, gains among the larger cryptocurrencies were more restrained. Ethereum added around 1.5% to trade close to $1,900, XRP climbed back above $1.10, and HYPE gained roughly 2.5%, although it remained below the $60 mark. ZEC and CC also finished the day in positive territory.

The total cryptocurrency market capitalisation edged higher compared with the previous day but remained below the $2.3 trillion level.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin Miner Poolin Files for Bankruptcy, Pursues $52 Million Texas Asset Sale

About $164 million of Poolin’s debt stems from IOU tokens issued to customers after the company froze withdrawals during the crypto market collapse in 2022.

Singapore based Bitcoin mining company Poolin filed for Chapter 11 bankruptcy protection on July 22 in New Jersey, along with its US subsidiaries, Lonestar Dream Inc. and Lonestar Taproot LLC. The company is also seeking court approval to sell its Texas mining assets for $52 million.

The filing comes almost four years after Poolin halted customer withdrawals, leaving thousands of users with IOU tokens and triggering a lengthy dispute with creditors.

Poolin Faces $173 Million in Liabilities

Court documents submitted to the US Bankruptcy Court for the District of New Jersey show that Poolin has between 10,001 and 25,000 creditors. The company estimated its assets at between $1 million and $10 million.

According to Chief Restructuring Officer Michael DuFrayne, Poolin’s total liabilities before bankruptcy stand at approximately $173.1 million. Around $163.7 million of that amount relates to unsecured IOU tokens issued to Poolin Wallet customers after withdrawals were suspended.

Rather than attempting to revive its mining business, the bankruptcy process is focused on selling the company’s remaining Texas operations. Court filings reveal that Lonestar Dream ended mining and hosting activities at its Pyote and Tarbush facilities on July 10.

Poolin has signed asset purchase agreements with Thor CALAP LLC worth a combined $52 million as the initial stalking horse bid. The proposal includes $15 million for the Pyote site, including power rights and equipment, and $37 million for the Tarbush power rights and equipment. The transaction is still subject to higher offers and court approval.

Before reaching the agreement, Poolin spent more than three months marketing the assets to more than 335 potential buyers, including cryptocurrency miners as well as artificial intelligence and high performance computing companies. That effort resulted in 28 confidentiality agreements, seven letters of intent, and three additional expressions of interest.

China Mining Ban Added to Poolin’s Challenges

Poolin expanded into Texas after China prohibited cryptocurrency mining in 2021. The company expected access to as much as 600 megawatts of electricity but ultimately secured only 100 megawatts. As a result, much of the mining equipment purchased for its US expansion became surplus.

Some of that equipment was later sold at a loss, contributing to an $8.8 million financial hit between fiscal years 2023 and 2025. Overall, Lonestar Dream and Lonestar Taproot recorded combined losses of about $45.9 million.

Wallet Collapse Remains the Core of Creditor Claims

Poolin’s financial troubles extended well beyond its mining operations. In June 2022, Bitcoin’s decline below $20,000 triggered margin calls from Tether against collateral pledged through Poolin Wallet. The company transferred nearly all of that collateral to Antalpha and borrowed approximately $213 million against digital assets valued at just under $356 million.

In September 2022, Poolin suspended wallet withdrawals and issued roughly $163.7 million in IOU tokens to affected customers. Court filings indicate that about 11,700 wallet users held balances exceeding $100.

When Bitcoin dropped below $16,800 in November 2022, Poolin shut down its operations and Antalpha liquidated the collateral. Company management estimated that around $260 million was owed to Antalpha against digital assets valued at approximately $265 million at the time.

Poolin was once among the world’s largest Bitcoin mining pools, controlling around 14 percent of the Bitcoin network’s mining power in 2019. Today, the company’s remaining value largely depends on the sale of its Texas assets and the outcome of the bankruptcy proceedings.

The court supervised auction will determine how much creditors ultimately recover, with payouts depending on competing offers, sale related costs, administrative claims, and final approval of the proposed liquidation plan.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Only 7% of New Major Crypto Tokens Are Trading Above Their Launch Price, Study Finds

The vast majority of major cryptocurrencies launched since 2024 are now worth less than their initial token generation event (TGE) price, highlighting the challenges new projects face in maintaining long term value.

According to research by analytics platform CryptoRank, just 8 out of 113 crypto projects with a market capitalisation exceeding $100 million are currently trading above their launch price. The remaining 105 tokens have fallen below their debut valuations, leaving the group with a median return of negative 95.7%.

The analysis focused exclusively on projects valued at more than $100 million as of 21 July.

Only a Handful of Winners

Among the few projects that have delivered positive returns, Hyperliquid’s HYPE emerged as the clear standout. At the time of the study, the token had surged approximately 1,519% above its launch price.

ONDO ranked second with gains of 101.4%, while EverValue Coin (EVA) and Midnight Network (NIGHT) recorded more modest increases of 20.3% and 16.5%, respectively.

Even within the small group of profitable tokens, exceptional performance was rare. Aside from HYPE and ONDO, most projects posted relatively limited gains, underscoring how difficult it has been for newly launched cryptocurrencies to generate sustained investor returns.

HYPE also recently gained additional recognition after being included in the new S&P Pantera Digital Asset Index, a benchmark that notably excludes several prominent cryptocurrencies, including Bitcoin.

Why Have So Many Tokens Lost Value?

CryptoRank attributed the widespread declines to several factors, including persistent investor sell offs, limited market liquidity, and ongoing regulatory uncertainty.

Beyond those structural challenges, the crypto market has also experienced a series of major setbacks over the past two years, including security breaches, protocol exploits, and project failures that have further weakened confidence in newly launched tokens.

The study covered projects from a broad range of sectors, including decentralised finance, blockchain infrastructure, gaming, and other digital asset categories.

A Tough Environment for New Projects

The findings illustrate just how difficult it has become for new cryptocurrencies to preserve their initial valuations after launch.

While the broader digital asset market has shown signs of recovery, helped by stronger Bitcoin prices, increased ETF inflows, and softer US inflation data, most recently launched tokens have yet to participate meaningfully in that rebound.

The research suggests that although new crypto projects continue to enter the market, only a small minority have managed to reward early investors, with the overwhelming majority still trading below their original launch prices.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Trump Reportedly Pauses Planned Iran Strikes as Bitcoin Holds Above $64k

Bitcoin has posted modest gains following reports that US President Donald Trump has halted planned military strikes against Iran, though history suggests the market’s most significant reaction may not arrive until the start of the new trading week.

After weeks of escalating tensions, military exchanges, and renewed threats, reports indicate that Trump has instructed US forces to stand down for now rather than proceed with the attacks that had been expected.

According to Axios, the decision is linked to renewed diplomatic discussions surrounding the Strait of Hormuz. Oman is reportedly facilitating talks with Iran aimed at reopening the strategically important waterway, with sources suggesting negotiations have made meaningful progress over the past day. The US administration is said to be waiting to see whether those discussions produce a breakthrough before deciding on any further military action.

Bitcoin Watches Geopolitical Developments Closely

Bitcoin has repeatedly demonstrated sensitivity to geopolitical headlines, particularly those involving conflict in the Middle East.

Periods of escalating military action have often triggered short term selling pressure across the crypto market, while signs of diplomatic progress, ceasefire negotiations, or potential peace agreements have generally supported stronger price recoveries.

The timing, however, has been just as important as the news itself.

Apart from the sharp volatility seen when the conflict first intensified in late February, Bitcoin has typically remained relatively stable during weekend developments. More substantial price swings have tended to occur once traditional financial markets reopen on Monday, when institutional participation returns and liquidity increases.

Bigger Market Move May Still Be Ahead

For now, Bitcoin has managed to defend support around the $64,000 level, an area many market analysts view as crucial for determining its next major direction.

While the immediate market response to the latest reports has been relatively muted, traders will likely be watching closely as the new week begins. If diplomatic efforts continue to gain momentum, risk assets such as Bitcoin could benefit from improving investor sentiment. Conversely, any breakdown in negotiations or renewed military escalation could quickly reverse that optimism.

As a result, the most meaningful reaction may not emerge until markets fully reopen over the next 24 to 36 hours, when investors have an opportunity to digest the latest geopolitical developments.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Crypto ETF Weekly Review: Ethereum Maintains Lead Over Bitcoin as Inflows Slow

Ethereum exchange traded funds continued to attract stronger investor demand than their Bitcoin counterparts over the past week, although both products showed signs of weakening momentum as the market lost steam toward the weekend.

While Bitcoin ETFs finished with another week of net inflows, Ethereum funds once again outperformed, attracting more than $100 million as ETH briefly climbed above $1,950 before retreating.

Bitcoin ETFs Extend Winning Streak, but Momentum Cools

Spot Bitcoin ETFs have now recorded three consecutive weeks of positive flows after enduring a prolonged period of heavy withdrawals.

Between mid May and early July, the funds suffered eight straight weeks of net outflows, with more than $8 billion leaving the products. As a result, cumulative net inflows declined from over $59.3 billion to roughly $51.1 billion by 2 July.

Investor sentiment began improving during the first full week of July, when Bitcoin ETFs attracted nearly $200 million in fresh capital. That recovery continued with an additional $75.7 million the following week.

The latest week also started on a strong note. From 14 July through 22 July, the funds recorded approximately $1 billion in cumulative net inflows, coinciding with Bitcoin’s rally to $67,000, its highest price in more than a month.

However, the momentum faded after Bitcoin failed to hold those gains. The cryptocurrency was rejected at $67,000 before falling back toward $64,000, prompting investors to reverse course. Spot Bitcoin ETFs recorded outflows of $225.2 million on Thursday and another $240 million on Friday.

Despite the late week selling, the funds still ended the week with modest net inflows of approximately $33.8 million.

Ethereum ETFs Continue to Outperform

Ethereum ETFs once again attracted stronger demand than Bitcoin products, extending a trend that has developed over the past several weeks.

The funds recorded nearly $104 million in net inflows during the week, with only Friday posting negative flows as investors withdrew around $70.6 million.

Earlier in the week, Ethereum ETFs attracted $38.1 million on Monday, $37.5 million on Tuesday, $72.6 million on Wednesday, and a further $26.3 million on Thursday.

The sustained inflows helped push Ethereum above $1,900 before it briefly climbed beyond $1,950 during the middle of the week. The rally, however, proved short lived, with ETH retreating by roughly $100 over Friday and Saturday.

Although Ethereum ETFs have recovered more than $200 million in net inflows over the past three weeks, cumulative inflows remain well below the record level of approximately $12.1 billion reached in May.

Overall, the latest ETF data suggests institutional interest in cryptocurrencies remains intact, but the sharp slowdown toward the end of the week indicates investors are becoming more cautious after recent market gains.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Do XRP Investors Really Care About Ripple, or Just the Token?

Ripple continues to expand its business at a rapid pace, but many crypto investors appear far more interested in the performance of XRP than the company’s broader achievements.

A quick look across Crypto X, Reddit, and other cryptocurrency communities reveals a recurring trend. Announcements involving Ripple’s partnerships, regulatory approvals, acquisitions, or product launches often receive far less attention than discussions centred on XRP’s price action and future market potential.

Ripple’s Business Has Expanded Significantly

Ripple has undergone a remarkable transformation over the past few years. Once locked in a lengthy legal battle with the US Securities and Exchange Commission and reportedly considering drastic measures during the uncertainty, the company has emerged with a much broader business strategy.

Its RLUSD stablecoin, launched less than two years ago, has already grown into a market worth around $1.6 billion. Ripple has also strengthened its institutional presence through the acquisition of Hidden Road, now operating as Ripple Prime, while expanding into custody services, tokenisation, institutional finance, developer tools powered by artificial intelligence for the XRP Ledger, and cross border payments.

Unlike previous market cycles, Ripple is no longer solely recognised as a payments company. It now operates across several sectors of the digital asset industry, making 2025 and 2026 some of the most active and successful years in its history.

Despite this steady expansion, many of these business milestones have had little immediate impact on XRP’s market price.

XRP Remains the Main Focus

For many retail investors, Ripple’s corporate progress matters only if it directly benefits XRP.

The token experienced its strongest rally after it became clear that former SEC Chair Gary Gensler would step down, a development widely viewed as signalling the eventual conclusion of Ripple’s legal dispute with the regulator. Since reaching its peak more than a year ago, XRP has largely trended lower, while even the launch of exchange traded funds failed to deliver the price surge many investors expected.

Because investors cannot directly purchase shares in Ripple, most gain exposure by buying XRP instead. As a result, company announcements that do not immediately increase demand for the token often generate little enthusiasm.

Banking partnerships, stablecoin expansion, or new institutional services may strengthen Ripple’s business, but unless investors believe those developments will translate into higher XRP demand, they tend to attract limited attention.

Ripple and XRP Are Connected, but Not Identical

This helps explain why headlines about Ripple’s corporate achievements frequently receive less engagement than discussions surrounding XRP price predictions, whale activity, or technical analysis.

Although Ripple and XRP remain closely linked, they do not always move in tandem. Ripple can continue growing its business, increasing revenue, and expanding its services without triggering an immediate rise in XRP’s value. Likewise, the token can rally because of broader market sentiment or regulatory developments that have little to do with the company’s operations.

Search trends, social media discussions, and trading activity all point to the same conclusion. For most retail participants, XRP remains the primary attraction, while Ripple’s business progress is often viewed as secondary unless it directly influences the token’s price.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic