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Dogecoin falls to $0.068, lowest since 2023, as support breaks
Edgen Crypto·Jul 24 2026, 08:12Share to
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[1] Analyzing Dogecoin's hit to 2023 lows – Can DOGE reclaim $0.07? (https://ambcrypto.com/analyzing-dogecoins-hit ...)[2] Dogecoin tests key support at $0.07, traders eye 5x rally if reversal holds - Bitget (https://www.bitget.com/amp/news/detail/125606 ...)[3] Dogecoin price outlook: whales accumulate as memecoin momentum decline - Bitget (https://www.bitget.com/amp/news/detail/125606 ...)[4] Dogecoin holds key support at $0.07, hinting at possible rebound despite bearish trend. - Pluang (https://pluang.com/en/news-feed/analisis-harg ...)[5] Dogecoin Price Eyes Recovery as Spot ETFs See First Inflows Since June 17 - CoinGape (https://coingape.com/markets/dogecoin-price-e ...)
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Jul 24 2026, 09:49
Nvidia and SK Hynix deepen HBM partnership in 3 AI deals
The dinner in Woodside, California on July 24 produced a three-pronged collaboration spanning next-generation HBM memory co-development, an AI factory in South Korea targeting 2027 operations, and a joint research center with KAIST — reinforcing SK Hynix's position as Nvidia's primary HBM supplier at a time when memory supply is the industry's tightest bottleneck. "This partnership goes beyond supplying memory — it's about co-designing the memory architecture for Nvidia's next AI platforms," SK Hynix CEO Kwak No-jung said at the dinner, according to a company statement. SK Hynix controls roughly 60 percent of the global HBM market by revenue, and its entire HBM4 production for 2026 is already sold out, according to company disclosures. The chipmaker shipped samples of HBM4E in June — delivering 16 gigabits per second per pin, a 60 percent improvement over the prior HBM4 standard with 20 percent better power efficiency. A single Nvidia GPU using eight HBM4E stacks would have access to 384 GB of high-speed memory, enough to run AI models with hundreds of billions of parameters. The deepening ties come as SK Hynix's market capitalization has crossed $1 trillion, overtaking Samsung as South Korea's most valuable company in late June. Its shares have surged more than 340 percent year to date, and the company's Nasdaq listing on July 10 raised $26.5 billion — the largest U.S. share sale ever by a foreign company. For Nvidia, the partnership secures access to the most supply-constrained component in its AI data center stack. The three workstreams outlined at the dinner cover distinct parts of the AI value chain. SK Hynix will co-develop next-generation memory products aligned with Nvidia's AI infrastructure roadmap, extending a relationship that began with HBM3 and now spans HBM4 and HBM4E. SK Telecom, the SK Group affiliate, will partner with Nvidia on physical AI and robotics infrastructure, with plans to build an AI factory in South Korea that is expected to begin operations next year. Nvidia also announced a partnership with the Korea Advanced Institute of Science and Technology (KAIST) to establish the country's first joint AI research center between a Korean university and a global technology company. The center will be housed at KAIST's Kim Jae-chul AI Graduate School and focus on agentic AI technologies, combining Nvidia's full-stack AI capabilities, its Nemotron open-source models, and computing resources from Nvidia's AI cloud partners. ## HBM Supply Tightens as AI Demand Surges The memory supply-demand imbalance is the structural backdrop for the partnership. DRAM suppliers are currently meeting only 75 percent to 80 percent of demand, and that fulfillment rate could fall to the 60 percent range by 2027, according to Kim Sunwoo, a senior analyst at Meritz Securities. SK Hynix's own CEO warned last week that the global memory industry could face its worst-ever supply shortage in 2027, with demand exceeding production capacity well beyond 2030. The dinner also carried a symbolic dimension. Madison Huang, Nvidia's senior director of Omniverse and robotics product marketing and Jensen Huang's eldest daughter, attended — a sign of the personal ties between the two companies' leadership. South Korean President Lee Jae-myung is scheduled to meet with Huang at the AI Summit in San Francisco, part of a broader Korean delegation that includes Samsung Electronics Chairman Lee Jae-yong, Hyundai Motor Group Chairman Chung Eui-sun, and Naver founder Lee Hae-jin. ## Investment Angle For investors, the partnership reinforces a structural advantage for SK Hynix over rival Samsung Electronics, which holds roughly 28 percent of the HBM4 market, according to industry estimates. SK Hynix's first-mover advantage in HBM4 mass production and its exclusive co-development relationship with Nvidia create a competitive moat that rivals will find difficult to bridge before 2028. Nvidia, trading at roughly 35 times forward earnings, benefits from supply chain certainty for its highest-margin data center products. The AI Summit this week will serve as the next major event, with Huang expected to outline Nvidia's memory procurement strategy for 2027 and beyond. *This article is for informational purposes only and does not constitute investment advice.*
Jul 24 2026, 09:15
OP falls below $0.09 as taker sell flow overwhelms $0.10 resistance
**OP's $0.09 floor is cracking under persistent taker sell pressure, with no structural support beneath it.** OP fell 2.17% to $0.096 as taker sell volume overwhelmed bids at the $0.10 moving average cluster, confirming a breakdown. The token's 24-hour range barely spanned a penny on Binance spot turnover of under $2 million. Coinglass data shows the buy/sell ratio at 0.8964, meaning aggressive market-order sell volume consistently outpaced buy-side flow over the past 24 hours. "The taker flow completely undermines any bullish positioning — passive longs are getting eaten by active sellers," the data indicates. Open interest grew 1.90% while price declined, as new shorts were added into weakness rather than bulls defending a line. The funding rate at 0.0045% is essentially neutral, meaning no short squeeze is building. Retail positioning is split nearly evenly at 49.8% long versus 50.2% short, while top traders on Binance hold a 57.7% long tilt — a lean that looks less like conviction and more like a trap given the sell-side flow dominance. The SMA 200 at $0.15 sits 55% above current price, making OP structurally broken on any medium-term timeframe. A daily close below $0.09 opens a direct path to $0.085 to $0.087, with $0.082 as the next target if capitulation volume arrives. CoinCodex's published year-end target of $0.08517 implies roughly another 13% drawdown from current levels. **The $0.10 ceiling that won't break** The moving average structure is unusually compressed. SMA 7, SMA 20, SMA 50, EMA 12, and EMA 26 all converge at exactly $0.10 — a single-level resistance pile-up that has held on every closing basis. The near-zero gap between them confirms the trend has been uniformly down across every near-term timeframe. The Stochastic at 18.30 (%K) and 14.64 (%D) is flirting with oversold territory, but oversold in a broken downtrend is not a buy signal — it shows there are still sellers left to shake out. **What a breakdown means for L2 tokens** OP's deterioration carries implications beyond the token itself. As one of the largest Ethereum L2 tokens by market capitalization, a confirmed breakdown below $0.09 could drag sentiment across the broader Layer-2 ecosystem, including Arbitrum (ARB) and Polygon (MATIC). The L2 competitive landscape has grown increasingly crowded through 2026, stripping away the narrative premium OP once commanded. A daily close above $0.103 with volume expansion above $3.5 million on Binance spot would be the first signal that something structural is shifting — until that print shows up, the path of least resistance runs south. This article is for informational purposes only and does not constitute investment advice.
Jul 24 2026, 09:01
EU expands Belarus crypto ban to all MiCA services from Aug 25
The European Union will prohibit Belarusian nationals and residents from owning, controlling or managing crypto exchanges and other service providers regulated under the Markets in Crypto-Assets framework starting Aug. 25, expanding a restriction that previously applied only to custodial wallet and account services. The measure appears in Council Decision (CFSP) 2026/1847, adopted July 24 to amend the EU's sanctions regime against Belarus over its involvement in Russia's war against Ukraine. The decision enters into force immediately, while the expanded crypto provision takes effect Aug. 25. "Belarusian nationals and residents may not own or control an EU-based entity providing any other crypto-asset services as defined under MiCA or hold a position on its governing body," the Council said in the decision. MiCA's service categories include operating trading platforms, exchanging crypto assets, executing and transmitting client orders, placing crypto assets, providing transfers, offering investment advice and portfolio management. The expansion comes weeks after MiCA's transition period ended July 1, when unauthorized crypto companies were ordered to wind down or face enforcement actions. The Belarus restriction follows a broader EU push to target crypto platforms and financial networks accused of helping Russia evade sanctions. On the same day, as part of its 21st sanctions package against Russia, the EU extended its transaction ban to 14 crypto-related service platforms outside the bloc and introduced a mechanism allowing it to prohibit dealings with any foreign crypto provider used by Russia to evade sanctions. The final package expands on the June 11 proposal, which targeted 11 crypto platforms. **21st Russia Package Adds 94 Banks, Freezes Oil Cap** The 21st sanctions package, which EU foreign policy chief Kaja Kallas called the bloc's largest in four years, places 94 Russian financial institutions and the Moscow Exchange under full restrictions. It also disconnects 32 banks from the SWIFT messaging network. EU members agreed to freeze the Russian oil price cap at $44.10 per barrel for 12 months, preventing an automatic adjustment during possible global price increases. More than 40 vessels connected to Russia's shadow fleet face new restrictions, along with bunkering companies, ports and refineries supporting oil exports. The package also restricts exports of drone equipment, electronic warfare systems and metals used in military production, with more than 50 military-industrial entities added to sanctions lists. **Industry and Compliance Implications** The expanded Belarus ban creates compliance obligations for EU-based crypto firms that may have Belarusian ownership or management ties. Under the amended rules, any MiCA-authorized entity must verify that its owners, controlling parties and governing body members are not Belarusian nationals or residents. The restriction applies to all 27 EU member states and covers the full scope of MiCA-regulated activities. The UK imposed sanctions on Huobi Global S.A., the Panamanian company behind HTX, on May 26 over alleged support for Russia-linked financial networks involving sanctioned entities A7 and Garantex. HTX denied wrongdoing, telling Cointelegraph that regulatory compliance "remains our absolute top priority." The EU's dual actions — expanding Belarus restrictions while widening Russia-focused crypto sanctions — signal that regulators are using the MiCA framework as a geopolitical enforcement tool, increasing compliance costs and operational complexity for crypto firms operating in Europe. This article is for informational purposes only and does not constitute investment advice.