Analysts at banking giant BNP Paribas say the perfect storm could be forming for US equities that’ll send the stock market higher. An indicator the bank uses for equity positioning of various investor cohorts like commodity-trading advisors, volatility-target funds and hedge funds has risen to just above a “neutral” reading, Bloomberg reports . The bank says that the last time institutions were this underweight on stocks during a big market recovery was in 2023, a year that saw substantial rallies in US equity indices. Analysts at BNP are calling it an “unloved rally.” Says Greg Boutle, BNP Paribas’ head of US equity and derivative strategy, “The adding of risk would indeed be a positive driver… Investors being dragged back into an unloved rally, this could cause the market to overshoot on the upside.” The bank’s strategists are expecting as much as $20 billion in buying power to come from institutions in the next week as they become forced to jump back in the sudden rally that began amid the tariff-induced uncertainty in early April. Says Boutle, “Just because you get a very negative headline, that’s not something that can’t be walked back.” BNP isn’t the only high-profile player bullish on the already-hot stock market. In a recent Q&A with the Global Money Talk YouTube channel, Fundstrat’s Tom Lee says that at the start of the year, Fundstrat predicted that industrials, financials and tech would outperform the broader US stock market. Lee notes that industrials and financials have so far outshone other sectors, with tech now also coming to life. According to Lee, Fundstrat sees the three sectors leading the equity market for the rest of the year. The Fundstrat executive also thinks that one equity group will see more demand next year, a time when he thinks the Federal Reserve will begin to cut rates. “With the Fed cutting rates next year, I think that’s going to be good for interest-sensitive [stocks]. So that should really support financials and it should support small and mid-caps.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Stock Market Could ‘Overshoot to the Upside’ on ‘Unloved’ Rally, According to BNP Paribas: Report appeared first on The Daily Hodl .
2025-07-10 01:01
An analyst known for making timely crypto calls believes that Ethereum ( ETH ) is poised to positively surprise investors. Pseudonymous analyst Pentoshi tells his 869,800 followers on the social media platform X that he’s targeting $3,200 for Ethereum but notes that ETH can print new all-time high prices. Pentoshi says the macro picture is changing for Ethereum in a meaningful way. “You can see the narrative changing around ETH right now. And in my opinion, it will be obvious in hindsight. But most are too jaded. In less than one month, public companies will have bought enough ETH to offset all the ETH that’s been created since the Merge. It’s 1/9th the market cap of BTC, and takes far less capital to move. That capital is clearly coming. It’s still very early for this trade. I don’t know if it will be today, tomorrow, or next month. But I think we are going to look back at what is right in front of your eyes and think, I can’t believe it was so obvious. The amount of capital starting to flow into ETH, will lead to big moves. And all we have to do, is do nothing. Set the tribalism aside, set the past aside. [Tom Lee] should be paid attention to, and the amount of companies he will onboard, and other retail users. All you have to do is set your bias aside and look at what’s happening. Hate it or love it. It seems inevitable.” In a question-and-answer exclusive with the Global Money Talk YouTube channel, Fundstrat managing partner Tom Lee says that Ethereum will come back to life amid increasing stablecoin adoption. “Stablecoins are being pushed by the United States government. Here’s the thing. Circle (USDC) runs on Ethereum. Stablecoins run on Ethereum. So as stablecoins explode, Ethereum is the backbone for stablecoins. So I think Ethereum is going to make a big comeback as well.” Data from DefiLlama shows that the total Ethereum stablecoins market cap currently stands at $126.509 billion, up over $431 million in just seven days. At time of writing, ETH is worth $2,615. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Capital Clearly Coming to Ethereum Amid Changing Narrative for ETH, Says Crypto Strategist – Here’s His Upside Price Target appeared first on The Daily Hodl .
2025-07-09 23:00
Ripple has announced it will be working with banking giant BNY Mellon to custody its proprietary stablecoin, RLUSD . In a new press release , BNY Mellon, a bank with approximately $2 trillion in assets under management, says that Ripple has selected the 241-year-old firm to be the primary custodian of RLUSD. According to BNY Mellon, the bank will also provide Ripple with transaction banking services. The bank says the partnership will boost interoperability between dollar-pegged crypto assets and traditional assets. As stated by Jack McDonald, senior vice president of stablecoins at Ripple, “Ripple USD addresses a critical gap in the market as a stablecoin developed for enterprise-grade financial use cases, designed to meet the rigorous standards of leading financial institutions. BNY brings together demonstrable custody expertise and a strong commitment to financial innovation in this rapidly changing landscape, as well as a forward-thinking approach to digital asset infrastructure, making them the ideal partner for Ripple and RLUSD.” In a new interview with CNBC Television, Ripple CEO Brad Garlinghouse says the crypto industry is in for a big boost as institutional adoption and regulatory clarity come into view. “BNY Mellon has, for a very long time, been amongst the most trusted partners out there for as a custody bank. So we’re really pleased. We think it’s indicative of the shift of tide, where we’ve had headwinds for this industry are now becoming tailwinds. And I think we’re going to see a lot of growth.” XRP, the digital asset associated with Ripple, is trading for $2.38 at time of writing, a 3.9% increase on the day. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Ripple Partners With BNY Mellon As CEO Brad Garlinghouse Predicts ‘a Lot of Growth’ for Crypto Industry appeared first on The Daily Hodl .
2025-07-09 22:55
The financial services giant and Tether asset custodian Cantor Fitzgerald is backing a more than $1 billion financing plan for a real-world asset (RWA) project focused on gold. BioSig Technologies (BSGM), which has just merged with Streamex Exchange Corporation, says in a new statement that it will raise $1.1 billion in financing to establish a tokenized commodities project and a gold treasury company. Says BioSig CEO and Streamex co-founder Henry McPhie, “By combining the value of physical gold with the innovation of blockchain, we are building a company grounded in what we believe to be the world’s most trusted store of value while enabling a scalable, high-return business model through tokenization. Our mission is to unlock liquidity, transparency, and accessibility across the $142 trillion commodities market, and this milestone is just the beginning.” The financing includes $100 million in senior secured convertible debentures and $1 billion in an equity line of credit. Cantor Fitzgerald and Clear Street are serving as the co-lead placement agents. BioSig, a medical technology company, completed its merger with Streamex on July 8th. Streamex operates a tokenization platform on the Solana ( SOL ) blockchain. Says co-founder of Streamex and chairman of BioSig, Morgan Lekstrom, “We are committed to demonstrating to the market and our shareholders the full potential of this platform to redefine how real-world assets are accessed, valued and monetized.” According to the statement, BioSig intends to “hold significant quantities of gold bullion” and “fund and issue a variety of gold-related tokens… offering the potential for returns that outperform traditional bullion holdings.” BSGM is trading for $8.39 at time of writing. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Tether Asset Custodian Backs $1,100,000,000 Financing for Gold Bullion-Focused RWA Project appeared first on The Daily Hodl .
2025-07-09 21:45
Blockchain security firm PeckShield says that bad actors stole tens of millions of dollars from the decentralized perpetuals exchange GMX (GMX). Posting on the social media platform X, PeckShield says that a hacker has exploited the crypto exchange to the tune of $42 million, sending $9 million of the stolen funds to the Ethereum ( ETH ) network from Arbitrum ( ARB ). “GMX has been exploited for ~$42 million. The exploiter has bridged ~$9.6 million worth of cryptos to Ethereum.” GMX confirmed the hack on its own X account, saying that its Arbitrum-based liquidity pool was drained of $40 million, which was immediately sent to an unknown wallet. “The GLP pool of GMX V1 on Arbitrum has experienced an exploit. Approximately $40 million in tokens has been transferred from the GLP pool to an unknown wallet… Trading on GMX V1, and the minting and redeeming of GLP, have been disabled on both Arbitrum and Avalanche to prevent any further attack vectors and protect users from additional negative impacts.” GMX says that the matter is still under investigation but that the hack’s impact was limited to GMX V1. GMX V2, its markets and liquidity pools, as well as the GMX token itself, are reportedly uncompromised. The price of GMX dipped from its weekly high of $14.44 earlier today down to $10.77 at time of writing, a decrease of over 22% during the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/pedrosek The post Crypto Hackers Drain $42,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report appeared first on The Daily Hodl .
2025-07-09 21:41
Matt Hougan, the chief investment officer (CIO) of crypto asset management firm Bitwise, is predicting an explosion in the tokenization of traditional assets. In a new blog post, Hougan says that the transition of stocks, bonds and other real-world assets (RWAs) onto blockchains instead of traditional systems may happen much quicker than he previously thought. “I still think it will take more than a decade before the majority of stock and bond trading happens on-chain. But with major financial firms like Robinhood and Tradeweb positioning themselves for the transition today, I’ve started to wonder: could tokenization achieve 1-5% penetration in a few years? Could a dozen major pilot projects lift us to that level of market penetration? It seems possible, and it would translate into trillions of dollars … more than any other crypto application or asset, including Bitcoin. The narrative around tokenization is only going to accelerate from here – if Robinhood is rolling out tokenized trading, you can bet that Charles Schwab and others are studying it aggressively. I’d expect a wave of additional announcements this fall.” Hougan names several crypto projects that could give investors exposure to an RWA tokenization boom. “The cleanest way to invest in the rise of tokenization is to buy a basket of the top layer-1 blockchains and infrastructure plays: Ethereum, Solana, XRP, Chainlink, etc.” Hougan also notes how Larry Fink, CEO of BlackRock, highlighted the massive growth potential for tokenization of RWAs in his 2025 annual shareholder letter, saying , “Every stock, every bond, every fund – every asset – can be tokenized.” If Larry Fink is right, Hougan says the “tokenization market could grow over 4,000x in the coming years.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitwise CIO Reveals 4,000x Prediction, Says Ethereum, XRP, Solana and Others Will Be Impacted From One Booming Trend appeared first on The Daily Hodl .
2025-07-09 21:05
US dollar resurgence could be just around the corner, according to an FX strategist at the banking giant Barclays. Skylar Montgomery Koning tells Bloomberg that the dollar has already priced in the negative impact of President Donald Trump’s tariffs in its 10% drop year-to-date, noting that the greenback is primed to rise in value against foreign currencies. “The fact that some of the more problematic policies from the US administration have been dialed back – and there are deals getting done – means that the economic pain for the US won’t be as bad as originally feared.” The US dollar index (DXY) is trading at 97.57 at time of writing. The USD outlook of Barclays comes after the US dollar printed its worst first-half performance in over 50 years. The DXY plunged nearly 11% from January to June of this year, marking its steepest decline since the first six months of 1973 when the index dropped by 14.8%. Meanwhile, Kathy Jones, a chief fixed income strategist at the financial services giant Charles Schwab, tells Bloomberg Television that US trade policies and their resulting inflation could delay anticipated Federal Reserve rate cuts until December or next year. Rate cuts tend to devalue the dollar. Conversely, the CME FedWatch Tool estimates there’s a 62.7% chance the Fed will cut the rate by 25 basis points at the Federal Open Market Committee (FOMC) meeting in September. The FedWatch Tool generates probabilities using the 30-day Fed Funds futures prices. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post US Dollar Resurgence May Be Around the Corner, According to Barclays Currency Strategist – Here’s Why: Report appeared first on The Daily Hodl .
2025-07-09 19:55
July 9th, 2025 – Dubai, UAE Little Pepe (LILPEPE) has just closed the curtain on its fourth presale stage, well ahead of schedule, and investors are taking notice. The project is now entering stage five, priced at $0.0014 a 40% increase from its initial price. Little Pepe (LILPEPE) is set to list at $0.003, and current buyers are already positioned for a 114% return, more than doubling their entry. Over $4,475,000 has been raised, and 3.7 billion tokens sold in record time. Momentum is building fast, and early projections from market watchers suggest a launch-day surge could take Little Pepe (LILPEPE) well past $0.30. Little Pepe (LILPEPE) is cutting through with real numbers, fast progress, and sharper upside potential than anyone expected this early. Stage 4 Sells Out Quickly as Little Pepe Draws More Interest Little Pepe (LILPEPE), a Layer 2 blockchain built to reflect internet culture, is gaining attention for its fast transaction speeds and ultra-low fees. It comes with a custom Launchpad designed to support fresh, meme-inspired token projects, and it’s backed by a team with proven experience in this area. The project has now entered its fifth presale phase at a price of $0.0014, having already raised over $4.47 million. Some market analysts are forecasting a potential price climb to $3 post-launch, which is turning heads among observers. LILPEPE’s strong fundamentals, including low-cost transfers, fast network performance, and tools tailored for token creators, are helping it stand out. Why People Are Taking Notice Little Pepe (LILPEPE) is the first Layer 2 chain specifically optimized for meme coins. Its Launchpad gives upcoming creators real visibility, and its built-in protections, like anti-sniper bot measures, help keep things fair during launches. The development team brings a strong history of success in similar projects, giving the project added credibility. Plans are already underway to list Little Pepe (LILPEPE) on centralized exchanges once it goes live, with a goal of landing a major listing in 2025. $777,000 Giveaway Fuels Buzz To build more momentum, Little Pepe (LILPEPE) is running a $777,000 giveaway. Anyone contributing $100 to the presale and completing a few simple steps qualifies to win one of ten $77,000 token prizes. Adding to its growing appeal, the project recently completed a smart contract audit and received a trust score of 81.55/100 by Freshcoin.io. With the price holding at $0.0013 and investor interest rising, many are eyeing this as a timely opportunity. Momentum Builds in Stage 5 After raising over $4.47 million and closing out Stage 4 rapidly, Little Pepe (LILPEPE) has moved into the fifth presale stage and continues to pick up speed. Its mix of cultural relevance, low-cost transactions, and tools for creators is helping it attract attention. With centralized exchange listings coming, a major giveaway underway, and a solid audit score, LILPEPE is steadily making its mark. Little Pepe (LILPEPE) is charging into its fifth presale stage at $0.0014, a 40% increase from its starting price, with Stage 4 now officially closed and more than $4.47 million raised. Buyers at this stage are locked in for a 114% return at launch, and with forecasts projecting a potential price surge beyond $3, the upside has never looked more compelling. Backed by a fully audited smart contract, a custom Layer 2 blockchain, and a Launchpad built for meme token culture, LILPEPE is rewriting what early-stage projects can achieve. About Little Pepe Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions. For more information about Little Pepe (LILPEPE) visit the links below: Website: https://littlepepe.com Whitepaper: https://littlepepe.com/whitepaper.pdf Telegram: https://t.me/littlepepetoken Twitter/X: https://x.com/littlepepetoken Contact COO James Stephen media@littlepepe.com This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post LILPEPE Enters Fifth Presale Phase Following Rapid Sell-Out of Stage Four appeared first on The Daily Hodl .
2025-07-09 18:03
July 9th, 2025 – Dubai, United Arab Emirates MultiBank Group , the world’s largest financial derivatives institution headquartered in Dubai, has opened the waitlist for its highly anticipated MBG Token , ushering in a new era that bridges traditional finance and blockchain technology. The presale will take place in July 2025, with priority access now available at: token.multibankgroup.com . Unlike typical speculative offerings, the MBG Token stands apart as a next-generation utility token, supported by tangible assets worth $29 billion and daily trading volumes exceeding $35 billion (as of April 2025). It is designed to introduce genuine revenue streams, advanced infrastructure, and market-level trust to the digital asset space. The MBG Token is built on MultiBank Group’s robust ecosystem, which spans four core domains: MultiBank TradFi – A CFD powerhouse that generated $362 million in revenue and $285 million in EBITDA in 2024. MEX Exchange – Debuting later in 2025, this institutional platform for both digital and traditional assets is valued independently at $23.7 billion, with a five-year projected volume of $460 billion per day. MultiBank.io RWA – An asset tokenization platform launching with $3 billion in ultra-luxury real estate, including The Ritz-Carlton Residences, Dubai, Creekside at Keturah Resort, and Keturah Reserve, and scaling toward $10 billion. MultiBank.io – A fully regulated spot exchange set to expand into crypto derivatives this July. Fueled by real-world trading fees and commissions, the MBG Token aims to power a $440 million buyback and burn program over a four-year period, driving sustained demand and long-term value for token holders. With an impeccable compliance record—licensed by more than 17 regulators and with zero violations since 2005—MultiBank Group brings an unmatched level of credibility and stability to the digital currency arena. “This is not just another token launch. It’s a transformative moment for the global financial ecosystem,” said Naser Taher, Founder and Chairman of Multibank Group. “With MBG, we’re bringing institutional strength and real-world utility to the blockchain.” Users can secure their early access to the MBG Token by joining the waitlist today at token.multibankgroup.com . ABOUT MULTIBANK GROUP MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website. Contact Mr Nikolas Neofytou MultiBank Group nikolas.neofytou@multibankfx.com This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post MultiBank Group Announces Early Access Waitlist for Pioneering MBG Token appeared first on The Daily Hodl .
2025-07-09 17:33