Key takeaways

DOGE is down by nearly 6% and is now trading below $0.08.
The bearish performance comes as retail traders reduce their exposure to the market. 

DOGE extends losses after failed breakout

Dogecoin (DOGE) continued to face downward pressure on Tuesday, trading below $0.08 after failing to break above a key resistance zone. 

The meme coin has now dropped more than 10% over the past week, reflecting weakening momentum across both spot and derivatives markets.

Market data suggests that institutional participation in Dogecoin remains weak. According to SoSoValue data, spot Exchange Traded Funds (ETFs) linked to DOGE have shown little activity since early June, signaling a decline in demand from larger investors.

A continuation of negative or absent ETF flows could further weigh on price action, increasing the risk of additional downside volatility.

Sentiment around Dogecoin has also weakened on social platforms. Santiment’s Social Dominance metric, which tracks the share of cryptocurrency discussions focused on DOGE, fell to 0.095% on Tuesday. This level is close to early June lows and reflects a sharp decline in market attention.

The drop suggests fading enthusiasm among retail traders, often a key driver of momentum for meme-based cryptocurrencies.

Futures and options data further reinforce the cautious outlook. CoinGlass reports that Dogecoin’s long-to-short ratio fell to 0.80 on Tuesday, near its lowest level in over a month.

A ratio below 1 indicates that more traders are positioning for price declines than gains, highlighting growing bearish sentiment in the derivatives market.

DOGE price outlook: Key levels in focus

Dogecoin was trading around $0.07948 at the time of writing, maintaining a bearish short-term structure. 

The price remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), which are clustered between $0.093 and $0.114, reinforcing downside pressure.

Momentum indicators present a mixed picture. The Relative Strength Index (RSI) sits at the oversold territory near 29, suggesting selling pressure is stretched. 

However, the Moving Average Convergence Divergence (MACD) shows only mild stabilization, not a confirmed reversal.

On the upside, immediate resistance is seen near $0.0885, followed by the 50-day EMA at $0.0926 and the 100-day EMA at $0.0982.

A stronger recovery would require a break above the descending trendline near $0.1000, with further resistance at $0.1027 and the 200-day EMA around $0.1138.

On the downside, the critical support level remains the recent yearly low at $0.0776. A decisive break below this level could open the door for a move toward $0.0700, where buyers may attempt to re-enter the market.

Paraguayan Court Convicts Bitcoin Miners for Energy Theft Charges

The Paraguayan justice system has ruled against two individuals who allegedly used stolen energy to mine bitcoin by bypassing the metering system and connecting the power grid directly to their property.

On June 19, the National Power Administration of Paraguay (ANDE) announced that it obtained a favorable decision in a legal process against two miners, after a Paraguayan tribunal found Cristian Daniel Jara Villalba and Ramon Martinez Morinigo liable for energy theft, convicting them to two years in jail.

Nonetheless, even as they were found guilty, the court suspended the execution of the sentence. Even so, the ruling was described as a milestone for the power company, which stressed that it will serve as a strong precedent due to the nature of the case.

This is because one of the defendants, who held the contract with the power company at the location where the miners were discovered, failed to show that he did not know about the use of his property for these means, being also affected by the ruling.

“This judicial decision sets a powerful precedent by establishing that justice will reach not only those who carry out illegal connections but also those who facilitate, permit, or benefit from actions that compromise the national electricity system,” ANDE stressed.

Furthermore, it reaffirmed its “zero-tolerance policy regarding actions that undermine the national electricity system,” vowing to “continue to strengthen controls and legal measures to ensure that those who obtain electricity through illicit means are held accountable before the law.”

The move is part of a fierce fight that the administration has been fighting against illegal mining and energy theft for some years, as these activities have caused millions in losses for the institution and the country.

This is not the first case of a conviction for illegal energy theft destined to mine bitcoin in Paraguay, though. In 2023, Edgar Saavedra and Rodrigo Suares were also convicted of the same crimes and sentenced to spend two years in jail, but had their sentences suspended.

In August 2024, Carlos Raul Rojas was sentenced to 18 months in prison for similar crimes after causing over $1.5 million in losses to ANDE.

The Philippine Securities and Exchange Commission (SEC) has signaled that the country is ready to accommodate the tokenization of real-world assets (RWAs).

Speaking onstage at the Philippine Blockchain Week 2026, SEC Commissioner Rogelio Quevedo said the agency was “now fully convinced that we have the proper law [and] the proper regulatory mind and background” to accept asset tokenization. He said the technology could spur innovation in the capital markets and “revolutionize” stock exchanges. 

In a follow-up interview with Cointelegraph, Quevedo said tokenized investment products could provide overseas Filipino workers (OFWs) with more legitimate investment options.

“Our OFWs, they have the capital. They do not know where to place their money. They do not know how to make their money earn,” he said, pointing to investment scams that have targeted Filipinos seeking returns,” Quevedo said.

“We are also using artificial intelligence to go after these unscrupulous scams,” he added, stressing that the SEC was working with Google, TikTok and other online platforms to remove illegal investment offerings. 

The remarks framed regulated tokenization as both a capital-markets innovation and a potential investor-protection tool in the Philippines, where authorities have taken action against unregistered investment platforms.

Philippine SEC Commissioner Rogelio Quevedo (left) and Cointelegraph’s Ezra Reguerra (right) at the Philippine Blockchain Week 2026. Photo: Cointelegraph

Philippine SEC tests tokenized assets under regulatory sandbox

The position aligns with the SEC’s Strategic Sandbox, or StratBox, which allows fintech companies to test new products and business models in a live but controlled environment under regulatory supervision.

The framework allows the SEC, within the scope of its legal authority, to waive or modify certain legal and regulatory requirements for individual sandbox participants. However, participation does not automatically exempt a company from existing laws, and the sandbox cannot be used to circumvent legal or regulatory requirements.

Related: Meta rolls out stablecoin payouts for creators in Philippines, Colombia

In November 2025, the SEC said four companies had been admitted to the sandbox, including one testing a tokenized real estate offering. Two participants were testing access to United States equities, while BlockShoals Technologies received in-principle approval to test crypto-related products and services. 

Magazine: China’s 107 Bitcoin memory thief, Bithumb CEO booked: Asia Express

Key takeaways

CryptoQuant’s taker Cumulative Volume Delta (CVD) shows a persistent negative trend over the past 90 days for PI.
The coin is down 4.5% in the last 24 hours and now trades below $0.1300. 

PI extends losses amid weak market conditions

Pi Network (PI) traded in the red on Tuesday, falling below the $0.1300 level as selling pressure intensified across the broader crypto market. 

The token is now testing a breakdown of a rising support trendline, signaling growing bearish momentum.

Market data suggests that sellers remain firmly in control in the spot market. CryptoQuant’s taker Cumulative Volume Delta (CVD) shows a persistent negative trend over the past 90 days, indicating that sell orders have consistently outweighed buy orders. This pattern points to sustained distribution and weakening demand for PI.

At the same time, broader market sentiment is also deteriorating. The CoinMarketCap Fear and Greed Index currently sits at 20, reflecting “Extreme Fear” conditions. 

Such risk-averse environments often weigh heavily on speculative and community-driven assets like Pi Network.

PI technical breakdown signals bearish shift

Pi Network has extended its bearish structure after dropping below the 50-period Exponential Moving Average (EMA) at $0.1335 on the 4-hour chart, as well as the $0.1300 psychological level.

The breakdown below a rising support trendline near $0.1300 is a key technical development, with a confirmed close beneath this level potentially validating a bearish reversal.

Following the breakdown, price action now risks deeper declines toward key Fibonacci levels. Immediate downside focus lies at the 78.6% retracement level near $0.1251, based on the move from $0.1532 to $0.1184.

If selling pressure continues, the next support levels include the swing low at $0.1184, followed by the 127.2% Fibonacci extension around $0.1103.

Technical momentum indicators continue to favor sellers. The Relative Strength Index (RSI) on the 4-hour chart has dropped to 38, approaching oversold territory.

Meanwhile, the Moving Average Convergence Divergence (MACD) has crossed below the signal line, reinforcing bearish momentum despite the possibility of a short-term technical rebound.

On the upside, immediate resistance is clustered around the $0.1300 region, which now aligns with the broken trendline. 

This is followed by the 50-period EMA at $0.1335 and the 50% Fibonacci retracement level at $0.1346.

Further resistance levels include the 200-period EMA near $0.1390 and the 78.6% retracement at $0.1441, which would need to be cleared for any meaningful bullish recovery to take shape.

THORChain has resumed activity after over a month of security verifications and upgrades, following a $10.7 million exploit that prompted a trading halt on May 15.

In a Tuesday X post, THORChain said it restored its network, including trading, signing, swaps and liquidity provider actions.

On Sunday, the protocol said it had confirmed the safety of most of its vaults through the KeyVerify protocol and retired the remaining legacy vaults as part of a migration to a new set of vaults. THORChain called the upgrade the “most significant milestone” in its recovery process. It also said it completed verification of every node’s keyshare on Friday.

THORChain is one of the crypto industry’s largest cross-chain trading protocols, enabling swaps between networks such as Bitcoin and Ethereum. The protocol has drawn scrutiny from blockchain investigators because hackers have used it to move stolen funds between blockchains.

Source: THORChain

THORChain ships security upgrades and migrates old vaults

THORChain attributed the exploit to a vulnerability in its GG20 threshold signature scheme, which is used to secure protocol vaults by distributing key control across multiple node operators. According to the protocol, the flaw allowed a malicious node operator to reconstruct a full private key through what it described as “progressive key material leakage,” enabling the theft of $10.7 million.

Related: Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain

The protocol implemented an emergency patch on May 20 to protect the remaining vaults before releasing an upgrade on June 9, which included a fix for the exploited vulnerability. A follow-up upgrade was rolled out on June 11 with additional stability improvements and fixes to the KeyVerify protocol.

THORChain network overview, node upgrades. Source: THORChain Explorer

With the recovery process largely complete, THORChain has also outlined plans for new network integrations.

THORChain said it will launch native swaps and vaults for privacy-preserving cryptocurrency Zcash (ZEC) within the next two weeks, followed by Monero (XMR).

It also plans to launch support for the Bittensor (TAO) token in about six weeks after the network’s restart.

Magazine: 53 DeFi projects infiltrated, 50M NEO tokens could be ‘given back’: Asia Express  

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

The creation of an EU-issued digital euro moved a step closer Tuesday after a key European Parliament committee vote.

The EP’s Economic and Monetary Affairs Committee (ECON) approved its position on the digital euro package with a 43–14 vote, according to an official announcement on Tuesday.

Fernando Navarrete Rojas, a member of the European Parliament (MEP), said the package “protects citizens’ freedom to choose how they pay,” adding that the digital euro would “complement cash, never replace it.”

The vote marks a key step in shaping the rules for the EU’s potential central bank digital currency (CBDC), as the European Central Bank (ECB) targets a 2029 digital euro launch.

Privacy and offline payments at core

Under the approved draft, the digital euro would be issued by the ECB and function both online and offline.

Online payments would use an account-based system, while offline payments would operate through local device storage, similar to cash in terms of user control.

“The offline functionality would be equivalent to using physical cash, as losing the device would mean losing the offline money with no refund possible,” the announcement read.

Source: ECB

The proposal includes privacy-by-design features, including technologies such as zero-knowledge proofs (ZKPs) to verify transactions without exposing personal data. “The ECB would not have access to personal identification data,” the announcement said.

Digital euro won’t pay interest

The draft also introduces holding limits to protect financial stability, with caps on how much digital euro individuals can hold. These limits would be set by the European Commission based on ECB recommendations and reviewed regularly.

The currency would not pay interest, and businesses would only be allowed to hold digital euros temporarily to accumulate incoming payments for up to 24 hours. Businesses would generally be required to accept the digital euro, with some exceptions for very small firms and self-employed operators who do not already accept digital payments.

Related: ECB signs standards deals to cut digital euro integration costs

Basic services such as account access and payments would be free, while additional services could carry capped fees for providers. Offline transactions would remain free under the proposal.

Wider rollout and institutional roles

The legislation also outlines a broader distribution model involving banks, payment providers and regulated crypto firms. Post offices and e-money providers could also distribute the digital euro across the eurozone.

Before launch, the ECB would need to finalize technical rules, run pilot tests and coordinate with payment providers. A rollout period of at least two years would follow approval of the final law.

Related: ECB official says stablecoins risk importing old market flaws

The latest approval marks clearing a key hurdle to rollout of digital euro after the ECB laid groundwork for a CBDC in 2020.

The project has faced repeatedly delays due to unfinalized legislation, with ECB Executive Board member Piero Cipollone projecting as recently as September that the digital euro would likely not launch until 2029.

EU consortium moves ahead with regulated stablecoin

Last month, Qivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions after adding 25 new banks across 15 countries.

The new members include ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo. The Amsterdam-based consortium is targeting a second-half 2026 launch, according to a statement shared with Cointelegraph.

“We are not merely building payment rails; we are ensuring that European principles around data protection, financial stability and regulatory rigour are embedded into the next generation of digital money,” said Howard Davies, chairman of Qivalis’ supervisory board.

The move comes as European institutions race to establish alternatives to US dollar-dominated stablecoins, which currently account for 98% of the market, according to CoinGecko.

“Europe does not have to choose between the digital euro and successful private payment solutions. We need both to work together,” MEP Rojas said in an email response to Cointelegraph’s query. “The agreement recognizes the right dual approach: existing standards and infrastructure should be reused wherever possible and, where new standards are necessary, they should be open and accessible to banks, payment providers and innovative solutions.”

Magazine: Clarity Act risks repeat of Europe’s mistakes, crypto lawyer warns

Fortune was the first to report the raise, announced June 23, 2026. Amplify Partners led the round, with Kleiner Perkins and Theory Ventures participating. Amplify partner David Beyer is joining Allium’s board.

From Three People to 30 Petabytes

Ethan Chan, co-founder and CEO, took to X to share details of the milestone. “Today, we manage 30+ petabytes of blockchain data that serves as the onchain system of record for institutions like Visa, BCG, and major banks and asset managers,” Chan wrote.

Chan and co-founder Cheng Han Lee started Allium in 2021 after meeting as college freshmen. The core problem they set out to fix: blockchain data was fragmented across hundreds of chains and unusable at institutional scale.

Today Allium ingests raw data from 150-plus chains and more than 10,000 protocols, normalizes it into standardized, queryable formats, and delivers it via APIs, data streams, and analytics tools to roughly 150 enterprise customers. Those customers include Visa, BCG, Coinbase, A16z Crypto, Stripe, Uniswap, and Phantom. Allium’s data has been cited by research institutions including the U.S. Federal Reserve and Stanford University.

10x Revenue Growth Since Series A

Chan outlined post-Series A traction in his X post. Revenue grew 10x in the two years since that round closed in July 2024. Visa and BCG both built stablecoin dashboards directly on Allium’s platform.

“ Blockchain went from retail speculation to institutional infrastructure for 24/7 settlement, programmable payments, and tokenized assets that trade like equities,” Chan wrote.

The Agentic Upside

Amplify Partners’ David Beyer pointed to a longer-term opportunity. “The really, really big upside for them ultimately is the agentic piece,” Beyer said in the Forbes coverage, referring to AI agents using blockchains and stablecoins for autonomous payments and transactions, a use case that depends on high-quality, normalized onchain data as a foundation.

Chan connected Allium’s positioning to lessons from machine learning. “You have to control the data source,” he said.

Market Context

The raise comes as blockchain analytics peers face pressure. Dune Analytics laid off staff in May 2026, and Messari was acquired by Blockworks at a discount in June 2026. Allium has differentiated through its enterprise focus, data quality at scale, and alignment with rising Wall Street participation in crypto, stablecoin expansion, and real-world asset ( RWA) tokenization.

“It’s never been a better time for the institutional side,” Chan said.

The company now employs approximately 50 people. Specific allocation details for the Series B proceeds were not disclosed at the time of announcement.

Key takeaways

Bitcoin (BTC), Ethereum (ETH), and XRP are starting the week on a more stable footing after last week’s declines.
BTC is trading above $64,000 but remains below major moving averages, keeping the broader trend bearish.

Crypto market opens new weekly candle with signs of stability

Bitcoin, Ethereum, and XRP are showing resilience at the start of the week after experiencing notable declines during the previous trading period.

Bitcoin fell nearly 4% last week, while Ethereum and XRP dropped approximately 2% and 6%, respectively. 

Despite the weakness, all three assets have stabilized, with Bitcoin trading above $64,000, Ethereum holding the critical $1,700 support level, and XRP consolidating near $1.13.

For Bitcoin, traders are closely watching technical indicators for clues about whether the recent recovery can develop into a broader rebound.

Bitcoin remains below major resistance levels

Bitcoin is currently trading around $64,000, but the broader technical outlook remains cautious. BTC continues to trade below its key moving averages, 50-day EMA: approximately $69,106, 100-day EMA: approximately $72,123, and 200-day EMA: approximately $77,748.

The fact that Bitcoin remains below all three indicators suggests that sellers still maintain control of the broader trend.

Adding to the bearish outlook, BTC recently broke below a rising trendline that had previously supported the market. That trendline, now acting as resistance near $74,238, reinforces the view that Bitcoin remains in a corrective phase.

Although the overall trend remains weak, some technical indicators suggest that downside momentum may be slowing.

The Relative Strength Index (RSI) has rebounded from deeply oversold levels and is currently hovering in the high-40 range.

This improvement indicates that selling pressure has eased, but the indicator remains around the neutral 50 mark, meaning a clear bullish reversal has not yet been confirmed.

The Moving Average Convergence Divergence (MACD) indicator remains in positive territory, which is generally supportive for prices.

For Bitcoin to regain bullish momentum, buyers must overcome several resistance zones, including $69,106 (50-day EMA), $72,123 (100-day EMA), and $77,748 (200-day EMA).

A move above these levels would significantly improve the technical outlook and potentially signal the end of the current correction.

On the downside, the first major support level remains at $64,005.A decisive break below this area could expose Bitcoin to further losses and extend the existing downtrend.

Switzerland-based Web3 development platform Enso has launched a real-world asset (RWA) application offering access to more than 500 tokenized assets through integrations with xStocks, Ondo Finance and Anchorage Digital’s Porto.

Through Enso’s execution layer, users can access tokenized stocks, ETFs, Treasurys, commodities and stablecoins. Ondo will provide tokenized equities, treasury products and capital markets infrastructure, while xStocks will enable access to tokenized equities and ETFs, according to a Monday announcement shared with Cointelegraph.

Available assets include major US companies such as Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, Tesla and SpaceX.

Enso said bringing these assets under a unified distribution and execution layer would simplify access to tokenized assets across multiple venues and improve the user experience.

The launch adds Enso to a growing field of European crypto firms expanding into tokenized traditional assets. Earlier this year, Austria-based Bitpanda expanded its offering to roughly 10,000 stocks and ETFs, while a number of European digital asset firms have moved to capitalize on growing demand for tokenized securities.

Enso expands access to tokenized assets. Source: Enso

Tokenized US equities have attracted significant demand from investors outside the US, particularly in Europe, Enso co-founder and CEO Connor Howe told Cointelegraph:

The demand concentrates in two places: tokenized access to US markets, with the around-the-clock trading traditional venues can’t match, and yield-bearing dollar assets.”

Tokenized asset holders rise 13% amid growing demand

The launch comes amid growing demand for tokenized assets. The number of tokenized asset holders rose 13.4% over the past 30 days to 930,612, according to data from RWA.xyz. The total value of tokenized assets, however, fell 0.9% during the same period.

Total RWA value onchain, all-time chart. Source: RWA.xyz 

US Treasury debt was the largest tokenized asset category with $15 billion in onchain value, followed by tokenized commodities at $4.6 billion and asset-backed credit at $2.2 billion. Tokenized stocks accounted for $1.6 billion in total onchain value, ranking fifth among tokenized asset categories.

Related: Franklin Templeton, BNP Paribas see tokenization boosting EU’s capital efficiency

Tokenized stocks first crossed $1 billion in total onchain value on March 10, when Ondo accounted for about 58% of the market and xStocks about 24%.

Magazine: Can Robinhood or Kraken’s tokenized stocks ever be truly decentralized?

Hedera (HBAR) price is currently consolidating in a tight range.
A falling wedge pattern is forming on the 15-minute chart.
A confirmed move above the wedge resistance zone near $0.0815 would signal a rebound.

Hedera (HBAR) has been trading in a narrow range, with price action showing repeated compression around key short-term levels.

At the time of writing, HBAR was trading at $0.0801, moving within a 24-hour range of $0.07801 to $0.0803.

The market has shown minimal directional strength today, with a 24-hour change of +0.1%, reflecting near-flat momentum.

While the token has seen a mild gain today, it continues to show weakness across longer timeframes.

HBAR is down 2.4% over the past 7 days, 6.7% over the past 30 days, and approximately 39.9% over the past year.

This extended decline places current price action in a longer consolidation phase rather than a sustained recovery trend.

Tight consolidation dominates short-term structure

Looking at the charts, the lower boundary around $0.0780 has acted as consistent support, while upside movement has been capped near $0.0803–$0.0810.

This compressed structure has resulted in a tightly controlled trading environment where volatility is declining.

Each minor rebound has been followed by rejection at nearby resistance, while dips continue to attract buyers at similar levels.

The result is a market that is neither trending upward nor breaking down decisively, but instead moving sideways in a constrained channel.

Falling wedge formation

On lower timeframes, particularly the 15-minute chart, HBAR is forming a clearly defined falling wedge pattern.

The pattern is characterised by two downward-sloping trendlines that converge as price action tightens.

The lower boundary of this wedge sits near $0.0780, a level that has been tested multiple times without a breakdown.

Each retest has produced short rebounds, indicating that selling pressure is gradually weakening at this zone.

The upper boundary of the wedge is positioned around $0.0805 to $0.0815, where repeated rejection has occurred.

The price is gradually compressing toward the apex of this structure, a phase often associated with directional expansion once a breakout occurs.

Hedera price forecast

The current technical framework places clear importance on two primary levels.

On the upside, a confirmed move above the wedge resistance zone near $0.0815 would represent the first sign of a bullish rebound.

If followed by sustained momentum, short-term projections indicate a move toward $0.0830, with extended targets around $0.0840 to $0.0850.

On the downside, a breakdown below $0.0780 would invalidate the current wedge structure.

Such a move would expose lower liquidity zones and extend the existing bearish consolidation phase.

However, at present, price remains positioned almost exactly between these two thresholds, reinforcing the compression narrative.