Der Bitcoin-ETF spielt für den großen Vermögensverwalter inzwischen mehr Gebühren ein, als der renommierte S&P-ETF der Firma.
IOTA price signals demand near $0.17 amid latest gains
- IOTA is trading above $0.16, poised above the key level and likely to continue higher.
- However, the token remains within a broader descending triangle.
- A break above $0.17 will signal further gains, but a dip will bring $0.14 into play.
The IOTA token’s price has surged by about 8% in the past 24 hours to break above the $0.16 level amid fresh bullish momentum across the crypto market.
Per CoinMarketCap, IOTA’s daily trading volume has spiked by 55% to over $17.3 million, signalling potential demand for the token.
Significantly, this upward movement aligns with a broader rally across the altcoin market, which could mean a new leg up for the IOTA price.
IOTA bulls mirror top altcoins
As noted, the cryptocurrency market has witnessed a notable altcoin rally, and IOTA is among the top performers.
Over the past 24 hours, IOTA’s price has climbed to around $0.17, rising to levels seen on June 17, 2025.
IOTA’s 8% gain nonetheless outperformed most of the top 10 altcoins, signalling strong market confidence in its near-term potential.
In comparison, leading altcoins have posted between 4% and 8% in 24-hour gains.
Ethereum rose 6% to trade near $2,600 on Wednesday, while Solana (SOL) gained 4% to reach $156. XRP also advanced 4%, climbing to $2.28.
Dogecoin was up 8% at $0.17, and Cardano rose 8.5%, trading above $0.60. Sui was among the top performers with a spike of over 11%.
Gains for IOTA come amid the blockchain platform’s introduction of the toolkit IOTA Notarization.
This toolkit leverages the IOTA network’s Rebased upgrade, reducing transaction fees to 0.005 IOTA and enabling scalable, tamper-proof data recording.
It contrasts with traditional blockchain notarization, which sees costs of $0.05-$1.00 per record.
“IOTA Notarization is not here to replace your current databases or cloud tools. Those are still essential for internal operations and privacy,” said Lautaro Giambroni, product engineer at IOTA. “What we offer is a public, verifiable layer of trust when data needs to be shared across companies or regulators,” he added.
IOTA price forecast
IOTA’s price has broken above the $0.16 level and is now testing resistance near $0.17.
This move positions the token above a key support zone, with market participants eyeing further upside.
A decisive break above $0.17 could confirm a bullish trend reversal, potentially targeting $0.20 or higher.
However, IOTA remains within a broader descending wedge pattern on higher time frames.
The weekly chart has the Relative Strength Index (RSI) currently approaching neutral territory, sitting at around 44, which indicates likely buying momentum.
However, the Moving Average Convergence Divergence (MACD) shows a recent bearish crossover, with the MACD line moving below the signal line to suggest continued downside pressure.
The descending triangle pattern implies that a failure to break $0.17 could see IOTA retest lower support near $0.14.
On the flipside, upside price action could bring $0.22 and $0.31 into the bulls’ view.
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Sui breaks $3 resistance: Is a new ATH next?
- SUI is currently priced above $3, rallying higher following a descending wedge breakout.
- An ascending triangle pattern on the 4-hour chart signals bullish flip.
- However, while MACD suggests buyers are in control, the RSI is near overbought territory.
Sui (SUI) has surged to the critical $3 resistance level, breaking above it amid double-digit gains in the past 24 hours.
CoinGecko data shows SUI price trading more than 11% up in this period, with a notable 102% spike in trading volume that hovered around $1.28 billion.
The price gains to intraday highs of $3.05 put the altcoin above a key supply wall, which offered both a psychological and technical barrier in recent weeks.
Notably, Sui ecosystem tokens, including Walrus and DeepBook Protocol, have also surged in the past 24 hours.
Sui eyes gain amid bullish momentum
SUI’s uptick aligns with the broader market spike that pushed Bitcoin to above $109,000 and major altcoins like Ethereum, XRP and Solana higher.
Tailwinds for altcoins helped Sui price, with this coming amid a recent bounce from lows of $2.3.
Robust on-chain fundamentals that have also seen Sui blockchain’s total value locked (TVL) hold above $2.2 billion signal overall confidence in the ecosystem.
Other metrics such as rising stablecoin liquidity and transaction volumes align with bullish momentum.
Sui is also seeing notable growth in developer activity, leading the Move ecosystem. Sam Blackshear, chief technical officer of Mysten Labs shared this outlook.
Sui highlights from EC mid-year dev stats refresh:
– Sui is the 2nd fastest growing L1 dev community over the last year at 16.1% — just a hair behind Solana at 17.7%.
– Sui is the fastest growing L1 dev community over the last two years at 54%
– This goes against broader growth… https://t.co/0ybThX3dOW— Sam Blackshear (@b1ackd0g) July 2, 2025
The 11% surge has extended SUI’s upward price action over the past two weeks. Sui’s losses in the past month are indeed down to 8%.
Sui price prediction
With SUI attempting to break above $3, bulls may target key levels of $3.5 and $4 to see the all-time peak above $5.3 reached in January 2025 come into view.
Notably, buyers are upbeat after the token broke out of a descending wedge pattern. That move allowed for a bullish reversal as long bets ramped up.
Additionally, the formation of an ascending triangle pattern on the 4-hour chart has reinforced the bullish outlook. Given this outlook, the $3 level could act as a springboard for potential further gains.
On the technical front, key indicators show buyers are in control.
The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the histogram suggesting that bulls currently hold the upper hand.
However, the Relative Strength Index (RSI) is trending at 70 and an extended uptick into the overbought territory could signal a potential downturn.
In this case, macro headwinds and profit-taking could mean a short-term flip to support levels around $2.6.
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ETH price prediction: Ether eyes $2,879 as technical indicators switch bullish
Key takeaways
- Ether is up by more than 6% in the last 24 hours and briefly hit the $2,600 mark.
- The cryptocurrency could rally towards $2,900 amid strong technicals.
ETH surges 6% to hit $2,600
Ether (ETH), the second-largest cryptocurrency by market cap, is one of the top performers among the top 10 cryptocurrencies. The coin added more than 6% to its value in the last 24 hours and now trades at $2,598 per coin.
The positive performance comes amid a strong recovery by the broader crypto market. Bitcoin is heading towards the $110k mark after adding 3% to its value. Dogecoin and Cardano are also up 7% and 6% respectively in the last 24 hours, while XRP, TRX, and BNB are also in the green.
Ether’s rally can be attributed to increasing interest from institutional investors. Data obtained from Glassnode shows that 106,000 ETH coins flowed into spot Ether exchange-traded funds (ETFs) last week, indicating strong institutional demand.
ETH could rally towards $2,900 soon
The ETH/USD 4-hour chart is bullish but inefficient, suggesting that there is a transfer of money about to take place on the lower timeframe. The technical indicators are bullish, suggesting buying pressure on Ether.
The coin has been trading between the 50-day simple moving average (SMA) ($2,528) and the horizontal support at $2,323 in the last few days. Both MACD lines are within the positive region, suggesting a strong bullish bias. Furthermore, the RSI of 66 shows that ETH is currently entering the overbought zone.
Ether could likely dip to $2,530 to become efficient on the 4-hour timeframe, allowing it to rally higher. If the bulls remain in control, Ether could rally towards the first major resistance level at $2,738. The coin could test the next major resistance level at $2,879 if the bullish bias extends longer.
However, if the bulls become exhausted before hitting any of the above-mentioned levels, the bears will try to pull the pair below the $2,323 support. Failure to defend this level could see the pair plunge to the next major support level at $2,111.
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Robinhood’s ‘OpenAI tokens’ are not equity, OpenAI clarifies in statement
- OpenAI publicly disavowed Robinhood’s “OpenAI tokens,” stating “we did not partner with… and do not endorse it.”
- Robinhood’s tokens offer indirect exposure via a Special Purpose Vehicle (SPV), not direct equity in OpenAI.
- Robinhood CEO Vlad Tenev defended the move as giving retail investors exposure to private assets.
OpenAI, the high-profile artificial intelligence firm, has publicly disavowed a new effort by fintech company Robinhood to offer “OpenAI tokens” to the public, clarifying that these digital assets do not represent equity in the company.
This rare public rebuke comes as global financial markets, including cryptocurrencies like Bitcoin, navigate a complex landscape of new trade deals and persistent geopolitical risks.
“We did not partner, we do not endorse”: OpenAI to Robinhood
In a clear and direct statement posted from its official newsroom account on the social media platform X, OpenAI sought to distance itself from Robinhood’s new offering.
“These ‘OpenAI tokens’ are not OpenAI equity,” the company stated on Wednesday. “We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.”
OpenAI’s pointed statement was a direct response to Robinhood’s announcement earlier this week that it would begin selling so-called tokenized shares of OpenAI, SpaceX, and other prominent private companies to individuals in the European Union.
Robinhood had framed the launch as an attempt to democratize finance, giving everyday people exposure to equity in some of the world’s most valuable private companies via blockchain technology.
The market reacted enthusiastically to Robinhood’s announcement, with its stock price soaring to an all-time high in the hours that followed.
However, as OpenAI’s statement underscores, shares in private companies like itself and SpaceX are, by definition, not available to the general public.
These companies sell shares to investors of their own choosing, maintaining tight control over their cap tables.
OpenAI’s open disavowal of Robinhood’s effort highlights the significant friction that can arise when the freewheeling world of crypto innovation collides with the highly regulated and carefully guarded domain of private equity.
What are investors actually buying?
In response to OpenAI’s condemnation, Robinhood spokesperson Rouky Diallo told TechCrunch that the OpenAI tokens were part of a “limited” giveaway designed to offer retail investors indirect exposure “through Robinhood’s ownership stake in a special purpose vehicle (SPV).”
An SPV is a separate legal entity created for a specific purpose, in this case, to hold shares of a private company.
This clarification reveals the layered nature of the offering. Investors are not buying direct shares in OpenAI, nor are they buying direct shares in the SPV.
They are buying tokens whose value is, in some way, tied to the OpenAI shares held within that SPV.
It’s an important distinction, as the price of SPV shares can differ from the price of the actual underlying stock, and the price of a token tied to those SPV shares can differ further still.
In its own help center, Robinhood notes that when buying any of its stock tokens, “you are not buying the actual stocks — you are buying tokenized contracts that follow their price, recorded on a blockchain.”
Robinhood CEO Vlad Tenev, in a post on X on Wednesday, acknowledged the technical distinction but defended the spirit of the offering.
“While it is true that they aren’t technically ‘equity,’ […] the tokens effectively give retail investors exposure to these private assets,” Tenev wrote.
Our giveaway plants a seed for something much bigger, and since our announcement we’ve been hearing from many private companies that are eager to join us in the tokenization revolution.
OpenAI declined to comment further on the matter, and Robinhood did not respond to TechCrunch’s additional questions about its SPV.
This episode is a reminder that private companies are often highly protective of anything that could influence how their equity is valued.
In recent months, for instance, humanoid robotics startup Figure AI sent cease-and-desist letters to two brokers running secondary markets that were marketing the company’s stock without authorization.
Most startups are keen to avoid any public perception that they have authorized share sales when they have not.
Broader markets react to trade and geopolitical news
While this corporate drama unfolded, broader financial markets were digesting their own set of complex signals.
Cryptocurrencies saw a surge in positive sentiment. Bitcoin (BTC) jumped 3.6% over 24 hours to break above $109,000, buoyed by strong volume and improving global sentiment following the announcement of a US-Vietnam trade deal, despite continued Middle East tensions.
Ethereum (ETH) surged an even more impressive 8.6% to $2,608, fueled by growing institutional interest.
Meanwhile, HSBC raised its 2025–2026 gold price forecasts to $3,215 and $3,125 per ounce, citing geopolitical risks and strong investor demand, according to Reuters.
Equity markets, however, showed a more mixed reaction.
In the US, the S&P 500 rose 0.47% to 6,227.42 on Wednesday after President Trump announced the US-Vietnam trade deal, though a surprise drop in June private payrolls raised some economic concerns.
In Asia, markets were varied on Thursday, with Japan’s Nikkei 225 down 0.15% as investors awaited further details on the same trade deal.
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