TL;DR
- $560 million in every day buying and selling quantity hits Robinhood Chain because the CashCat token drives new pockets exercise.
- Bitwise removes Polkadot and Avalanche from its 10 Crypto Index, changing them with Stellar (XLM) and Hyperliquid.
- 40 BTC strikes from a pockets untouched since 2010, price $2.54 million at present costs.
- Spot Bitcoin ETFs publish a $221 million web influx on July 9, ending a 10-day outflow streak.
- CPI and PPI information due July 14 to fifteen, adopted by the Fed’s July 28–29 assembly, will take a look at Bitcoin’s path towards $100,000.
How the CashCat meme coin pushed Robinhood’s new blockchain to $560 million
The brand new Robinhood Chain blockchain, launched only a week in the past, is already going by way of its first main hype cycle. Speculative pleasure across the Money Cat meme coin (CASHCAT) pushed every day buying and selling quantity on native DEXs to an enormous $560 million, in line with Dune information.
In simply someday, customers created nearly 16,000 new tokens on the community, whereas the variety of energetic wallets jumped to 200,000 — and for many of them, it was their first-ever transaction on the chain.
$560 Million File: CashCat Coin Takes Over Robinhood; Hyperliquid Joins XRP in Bitwise 10 Crypto Index; 105,742,020% in Bitcoin: Satoshi-Period Whale Awakens – Morning Crypto Report
XRP ETFs Log One in all Greatest Outflows of 2026
The market fever was partly triggered by Robinhood CEO Vlad Tenev himself. On X, he dropped a brief however hanging remark: “Though we constructed Robinhood Chain as one of the best community for severe belongings (RWA)… it really works nice for meme cash too.”
That was sufficient for the market capitalization of the community’s flagship meme coin, CASHCAT, to interrupt above $140 million at its peak. In someday, it gained greater than 1,000%, and by morning its worth had settled round $0.083.
This surge immediately turned a few early traders into millionaires. In response to Lookonchain, one dealer purchased a batch of CASHCAT 20 days in the past for simply $838, then in the course of the hype withdrew $917,600 in pure revenue, whereas leaving one other hundred thousand {dollars} in tokens.
However behind the attractive screenshots lies a harsh actuality. The full liquidity pool of CASHCAT is barely $2.6 million, which suggests just a few individuals may really pull actual hundreds of thousands out of the system. Social media is already full of pretend claims, corresponding to allegations that Uniswap creator Hayden is closely shopping for the token, or that Robinhood’s CFO put the “money cat” on his avatar — in actuality, the outline in his profile had all the time been there.
Ultimately, Robinhood Chain acquired the proper begin for any new blockchain: wild exercise and some huge cash in charges. The one query is whether or not anybody will keep as soon as this “cat token” stops delivering multiples.
Hyperliquid pushes the outdated guard out of Bitwise’s top-10 index
The main crypto index fund, the Bitwise 10 Crypto Index ETF (BITW), has carried out a troublesome portfolio cleanup — Polkadot (DOT) and Avalanche (AVAX) have been fully eliminated. Their locations have been taken by Stellar (XLM) and, way more notably, the younger token of decentralized change Hyperliquid (HYPE).
The newcomer acquired a weight of about 0.95% and now trades in the identical lineup as Bitcoin, Ethereum, and XRP.
Establishments are clearly shifting priorities. As a substitute of promise-based blockchains, they’re selecting initiatives that generate actual income proper now. Hyperliquid posted large numbers within the first half of 2026: $1.34 trillion in buying and selling quantity and $320 million in web income.
The HYPE token itself has gained 165% since January. On prime of that, the platform runs the HIP-3 improve, below which 99% of charges go towards token buybacks and burns.
For big gamers, this seems like a traditional and simple inventory buyback.
The index urgently wanted contemporary blood. BITW has been sliding for nearly a yr: in September 2025, it peaked at $78.74, by April it had fallen to $44.92, and now it trades round $41.01. One constructive level is that the fund stays extremely steady, with its unfold on NYSE Arca staying inside 0.2%, that means there aren’t any liquidity issues.
For Bitwise, it is a logical transfer. In Could, it had already launched a separate spot ETF on Hyperliquid, beating Grayscale and VanEck. Now HYPE has formally secured its standing as a brand new “blue chip”.
A Bitcoin investor from the Satoshi period wakes up for a seven222-digit revenue
Just a few hours in the past, an historical pockets awakened on the blockchain when an unknown miner absolutely transferred 40 BTC, price about $2.54 million, after leaving them untouched since August 3, 2010, in line with on-chain information. That is the deep “Satoshi period” — the time when Bitcoin’s creator was nonetheless on-line and cash have been mined on strange residence CPUs.
The primary level of this information is pure arithmetic. In 2010, Bitcoin was price cents, so the beginning worth of this pockets’s place is listed by analysts as roughly $0. After nearly 16 years of ready, the proprietor’s web revenue reached +105,742,020%. On the similar time, they paid a tiny community payment to maneuver hundreds of thousands of {dollars} in block 957220 — simply 2,210 satoshis, or about 10 sat/vB.
The occasion prompted the crypto neighborhood on X to debate as soon as once more what number of “misplaced” bitcoins actually exist. Galaxy Digital head of analysis Alex Thorn summarized the awakening briefly: “‘Misplaced cash’ are extra fantasy than you assume.”
On-chain information exhibits that the pockets had beforehand acquired a “dusting assault” marked as Salomon Consumer Dusted, through which tiny transactions are despatched in an try and deanonymize an handle.
The motion of 40 BTC doesn’t imply they are going to be dumped into an change order e-book proper now. Most frequently, historical whales get up for fundamental safety causes: to maneuver funds from outdated legacy addresses to newer and better-protected codecs.
Crypto market outlook: ETF reversal and quantity maintain BTC forward of the inflation take a look at
Patrons efficiently defended a robust historic buying and selling zone above native help after 10 days of outflows from spot ETFs. The power of this technical construction will likely be decided by the U.S. CPI/PPI reviews and the Fed assembly, which is able to both verify the market’s readiness for a transfer towards $100,000 or set off a liquidation cascade towards $54,000.
Key checkpoints:
- The tip of ETF capitulation and a reversal into inflows: After 10 days of aggressive capital outflows from spot BTC ETFs totaling $2.73 billion, the funds recorded a web influx of $221 million on July 9. The reversal within the institutional pattern indicators that open-market promoting stress is being exhausted.
- Leverage wipeout and Bitwise forecasts: The present market drawdown has formally been described by Bitwise specialists as a traditional leverage squeeze. They word the formation of an area backside and ensure a Bitcoin worth goal of $100,000 by year-end, supported by the cleanup of the derivatives market.
- Solana dominates the RWA race: The Solana community set a historic file by attracting $1 billion in web capital into the real-world asset tokenization sector in simply 30 days. That’s greater than 3 times the results of its closest competitor, BNB Chain, which attracted solely $292 million over the identical interval.
- The closest inflation set off, CPI/PPI, arrives on July 14–15: The publication of the U.S. Client Worth Index would be the first arduous filter for threat belongings. If the report exhibits inflation cooling beneath consensus expectations, it may set off a significant quick squeeze in BTC. Sizzling information, against this, would strengthen sellers.
- The Fed rate of interest choice comes on July 28–29: The ultimate FOMC assembly of the month will shut July and outline the financial vector for the second half of the yr. Any hints of coverage easing, or a pivot, would give Bitcoin a strong impulse to interrupt out of its present consolidation zone towards new highs.
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