Ether, XRP and dogecoin led a broad crypto selloff into the weekend as a renewed rout in technology stocks dragged risk assets lower. Ether fell 5.6% in 24 hours to about $1,555, XRP slid 4.9% to $1.03 and dogecoin dropped 3.8% to $0.074, according to CoinDesk, while bitcoin dipped near $58,000 before recovering toward $60,000 and was last around $59,888. CF Benchmarks’ Gabe Selby said large holders have been selling into a market slow to absorb supply, and flagged the $50,000 to $60,000 zone as where buyers have historically stepped in.

Microsoft will increase Xbox console prices globally on 1 August 2026, with some models rising by US$100 to US$150 due to higher storage and memory costs. The standard Xbox Series X will cost US$800, up from its original US$500 launch price, while Microsoft will discontinue the 2TB Series X model.

Gold prices have been in a sustained correction since March, with the international gold price at one point falling below $4,000 per ounce, down more than 25% from an early-March high of $5,321 per ounce, according to a China International Capital Corp. (CICC) research note. According to Jin10, CICC attributed the pullback mainly to two factors: rising oil prices and inflation concerns linked to the U.S.-Iran conflict, and a more hawkish interpretation of Fed Governor Kevin Warsh’s debut at the June FOMC meeting. CICC said the market has worried that U.S. inflation remains resilient, reinforcing expectations of tighter monetary policy. It also said Warsh emphasized inflation discipline and that the dot plot raised inflation expectations. CICC added that, among 18 voting members, half supported at least one rate hike within the year. CICC said the prevailing market narrative has been that the Federal Reserve’s policy focus is controlling inflation. It said futures markets have priced in one rate hike in 2026 and one in 2027, which it described as supporting the dollar and weighing on gold. However, CICC argued these two drivers should not be extrapolated linearly. It said U.S. inflation may have already peaked and could enter a downward trend in the second half of the year. CICC also said Warsh’s debut did not necessarily mean the Fed has fully shifted toward tightening, and that current messaging may be intended to preserve room for a future return to easing. CICC concluded that the current gold pullback does not signal the end of the bull market and said a turning point may not be far away. It said it remains optimistic on gold’s outlook and recommended maintaining positions and adding on dips.

Deutsche Bank analyst Michael Hsueh lowered the bank's Q3 gold price forecast by over 20% to $4,300 per ounce. According to NS3.AI, the bank also reduced its Q4 forecast by 17% to $4,800 per ounce.

AI infrastructure platform B.AI disclosed updated operating data on June 25, including daily token throughput reaching 15.37 billion and sustained high-load inference operations over multiple days. According to ChainCatcher, the platform said API calls accounted for 99.6% of usage, supporting large-scale AI agents, automated workflows, and enterprise core system applications. B.AI also reported that within its model ecosystem, the MiniMax M3 large model continued to rank first in call popularity.

BMI Commodity Research, a unit under Fitch, said it remains bullish on gold and kept its forecast for the average gold price in 2026 unchanged at $4,600 per ounce. According to Odaily, the institution also said it believes the U.S. Federal Reserve will not make any interest-rate moves this year. BMI said that, as noted last week, the Fed’s hawkish tone has pushed up expectations for rate hikes, creating significant downside risk for gold. However, it added that if inflation pressures linked to Middle East conflict ease as expected following the recent U.S.-Iran agreement, the most likely outcome is that interest rates remain unchanged for an extended period. BMI said short-term gold price movements may be driven by Fed policy signals, and that precious metals are vulnerable in the near term to repricing of market expectations and renewed U.S. dollar strength.

Euro-area consumers’ inflation expectations for the next year fell significantly in May, the European Central Bank said, according to Bloomberg. The decline came even before a deal was reached to end the hostilities in the Middle East.

Baillie Gifford is testing BAGEY with public blockchains as part of the ownership record for a UK-regulated fund, and the investment manager has over £286 billion ($377B) in assets under management. According to NS3.AI, Baillie Gifford said BAGEY is a fully native UK-regulated tokenized fund operating through a UK-regulated OEIC structure. The firm said BNY is providing tokenization and wallet infrastructure for the initiative. NatWest Trustee and Depositary Services is acting as the depositary.

European shares fell back from a record as jitters resurfaced over potentially overvalued technology stocks, according to Bloomberg. Zalando shares slumped.

The explosive retail excitement that fueled stablecoins throughout 2025 may finally be losing steam, with new data suggesting the market is transitioning from a consumer-driven boom to an institutional growth story.

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Hackers stole nearly $3 million from around 11 Polymarket users after compromising a third-party service and injecting malicious code into the platform's website. Polymarket said its core systems were not breached and has started refunding affected users in full.

Story Protocol is rebranding itself from a blockchain-based intellectual property marketplace to a "DATA Foundation" as the company pivots toward supplying licensed data for artificial intelligence companies.

For the vast majority of crypto projects, old names may only be a historical burden rather than a positive brand asset.

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Artificial intelligence, Intel, how far is Intel from a market capitalization of $1 trillion? Golden Finance, Intel's path to rebirth.

Stablecoins are moving deeper into Japan's financial system, with Circle and investment banking giant Nomura reportedly developing a foreign exchange settlement service that could bring blockchain-based payments into mainstream corporate finance.