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On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense reductions at the expense of the company’s technical supremacy. In the Q2 earnings call, Tan said he’s pausing some factory projects and being more cautious with spending. He criticized the investments made under former CEO Pat Gelsinger as “excessive and unwise,” adding on a conference call, “I do not subscribe to the belief that if you build it, they will come.” Under Gelsinger’s leadership, Intel had pursued a transformation into a prominent foundry for third‑party clients, particularly emphasizingthe development of the advanced 14A node. However, during Thursday’s conference, Tan signaled that Intel’s deployment of that process will proceed in a limited, step‑by‑step fashion. He said they won’t start full-scale 14A production until enough customers are on board. According to Bloomberg that announcement triggered asell‑off, driving the stock to $20.70 in New York, its largest single‑session decline in more than a quarter‑year. Investors worry that putting off new manufacturingsteps means Intel is giving up its long‑held lead in chipmaking. Intel’s plans stir acquisition talk Intel’s recent challenges have fueled speculation about potential divestitures or acquisitions, yet no definitive suitor has surfaced. Interested parties for its fabrication facilities, such as TSMC, have reportedly withdrawn their interest. Tan reiterated his intention to maintain an integrated manufacturing and design organization, while divesting smaller subdivisions. This week, Intel announced plans to carve out its networking group as an independent entity. The company added that it is courting strategic backers, without disclosing identities, a move initially revealed by CRN. In the filing, Intel projected Q3 revenue between $12.6 billion and $13.6 billion, yet fell short of profit targets. It warned of narrower margins leading to a forecasted breakeven quarter, below the 4‑cent per share gain analysts anticipated. In Q2, Intel reported revenue of $12.9 billion, virtually unchanged year‑over‑year and surpassing the $11.9 billion consensus. The quarter’s results included a 10 cent per share loss versus the 1 cent profit Wall Street analysts had anticipated. Intel lags behind rivals despite 13% stock gain By Thursday’s market close, Intel’s share performance had risen 13% year‑to‑date, in line with the broader chip manufacturing sector. But Nvidia and AMD have done even better, thanks to their lead in AI chip design. Tan’s immediate focus remains on stabilizing Intel’s balance sheet. To date, he has enacted widespread layoffs and reduced capital expenditure plans. The firm announced it would suspend its planned facilities in Germany and Poland and decelerate development at the Ohio site. Management confirmed approximately $18 billion of capital investment for new fabrication sites and machinery in 2025, with less spending next year. Since his March appointment, Tan conceded that Intel must rebuild its competitiveness in PC and server CPU markets. He is likewise formulating a strategy to enter the AI accelerator arena, currently led by Nvidia. Intel said PC demand got a boost because manufacturers stocked up in advance of possible tariffs, but it still lost market share in both its PC chip business and its outside foundry operations. CFO Dave Zinsner added that the expected economic slowdown never arrived, helping lift orders, and noted some customers pulled orders forward to avoid those tariffs. Intel’s PC division delivered $7.9 billion in sales, exceeding the $7.3 billion consensus figure. Data‑center revenue came in at $3.9 billion versus $3.7 billion anticipated, and the foundry segment recorded $4.4 billion, in line with estimates. Previously, Intel established goals to reduce operating expenses to roughly $17 billion in 2025 and $16 billion in 2026, targets it still expects to meet. During Gelsinger’s tenure, Intel invested tens of billions in new fabs to attract external clientele and reclaim its process leadership. In an internal memo sent Thursday, Tan criticized that strategy as overly aggressive, noting that rapid outlays lacked sufficient demand and left production capacities underused. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
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A US bank has agreed to pay up to $10,000 to customers affected by an alleged data breach that exposed personally identifying information. According to a settlement administrator’s portal, The Bank of Canton will pay $300,000 to settle a lawsuit accusing the Canton, Massachusetts-based lender of negligent data security practices. Class members in the lawsuit, defined as the existing, former and prospective clients of The Bank of Canton in the US impacted by the cybersecurity incident, will receive up to $2,500 for ordinary losses and up to $10,000 for extraordinary losses. Claimants must provide documentation to prove the losses they suffered as a result of the data breach. Class members who choose not to file documentary evidence can opt for an alternative cash payment of $100. Claims must be submitted by October 9th, with a final approval hearing for the settlement scheduled to be held in a Massachusetts court on October 21st. Payments will be made once the settlement is approved by a judge. The Bank of Canton is settling the lawsuit a little over a year after the incident occurred. On or around May 27th of 2023, cybercriminals allegedly gained access to MOVEit Transfer, a file transfer software system used by a third-party service provider of the bank. The lawsuit alleged the incident led to the sensitive data of the Bank of Canton’s customers, potentially including, account name, account number(s), and Social Security numbers being exposed. The lawsuit was subsequently filed in November of 2023. Despite agreeing to settle, The Bank of Canton denies the allegations made in the lawsuit. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $10,000 To Be Handed To US Bank’s Customers After ‘Extraordinary Losses’ Allegedly Triggered by Data Breach appeared first on The Daily Hodl .
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XRP rapidly losing traction on market, but at the same time on-chain dynamics stay positive
Ethereum staking validator Everstake has announced that the validator exit queue has reached its highest point in one year. The expert further explained why this development might be a positive for the ETH ecosystem . Ethereum Validator Exit Queue Reaches New High In an X post , Everstake stated that the Ethereum validator exit queue has reached its highest level in over a year, representing approximately 520,000 ETH, which is equivalent to $1.9 billion at current prices. The validator noted that this queue will take around 19 days to fully clear. He further explained that this exit queue tracks how many validators are leaving Ethereum’s staking system . This typically raises concerns about a huge sell-off being imminent from these validators. However, Everstake assured that the surge in the validator queue is not a sign of fear or collapse. Instead, the expert claimed that it is a shift, whereby these validators are more likely to exit and restake, optimize, or rotate operators than leave the ETH ecosystem. Meanwhile, Everstake admitted that there is still the possibility that these validators may want to lock in profits, especially seeing as the Ethereum price just recently surged to a six-month high. He noted that it is natural to assume that some stakers are preparing to sell, which could create short-term sell pressure and potentially cause ETH to correct. However, on the other hand, the validator remarked that Ethereum is seeing record ETF demand, with billions of dollars in net flows since the beginning of this month. As such, BlackRock, Fidelity, and other ETH ETF issuers could match this potential sell pressure with similar buying pressure. Everstake also declared that this development with the validator exit queue is a “sign of health” and the freedom to move. He claimed that activity like this shows how mature ETH staking has become, with the protocol doing what it was designed to do. He added that this is what decentralization looks like. ETH ETFs Record Inflows For 15 Consecutive Days SoSo Value data shows that the Ethereum ETFs have now recorded 15 consecutive days of net inflows. This follows the net inflow of $231.23 million that they recorded on July 24. These funds currently hold $20.70 billion in net assets, representing 4.59% of Ethereum’s market capitalization . The significant inflows into these funds support Bitwise CIO Matt Hougan’s theory that ETH will soon witness a demand shock. He stated that this demand will come from the ETFs and corporate treasuries, predicting that they could purchase up to $20 billion of ETH in the next year. At the time of writing, the Ethereum price is trading at around $3,630, up over 1% in the last 24 hours, according to data from CoinMarketCap.
As the digital asset market heats up and capital pours back into high-potential altcoins, two names are attracting serious attention: Cardano (ADA) and MAGACOIN FINANCE. Both are gaining momentum, but only one is capturing the imagination of retail and institutional investors alike as a clear leader in this next wave of opportunity. Cardano, the veteran blockchain platform, is building toward a more decentralized and scalable future. But MAGACOIN FINANCE—leaning into transparency, compliance-readiness, and viral investor demand—is increasingly seen as the frontrunner in the race not only to $5, but to a possible 100× return. Cardano Rebuilds on Strong Technical Footing There’s no denying Cardano’s resilience. Long favored for its academic roots and methodical development, the platform continues to grow its DeFi ecosystem and expand its governance capabilities. The much-anticipated Chang Hard Fork is ushering in the Voltaire era, where ADA holders can vote, manage treasury functions, and guide the protocol’s direction. Layer-2 scaling with Hydra is also progressing, offering real-world applications a path to cheaper, faster transactions. And Cardano’s DeFi total value locked (TVL) has climbed meaningfully—signaling renewed investor interest and active use. With ETF speculation on the horizon, ADA certainly has upside. But many investors question how much of its future is already priced in—and whether its slower pace of innovation could leave it outpaced by newer, leaner projects. MAGACOIN FINANCE: The Clear Breakout Challenger in 2025 In contrast, MAGACOIN FINANCE is not just participating in the market—it’s leading a shift. Built on a community-first, compliance-aligned framework, MAGACOIN FINANCE is capturing the attention of analysts and early institutions for one reason: it’s designed for where crypto is going next. Its fixed supply, fully decentralized tokenomics, and lack of venture capital involvement give it a level of structural purity that’s rare in today’s market. Investors are flocking to it not just for the meme energy, but for what’s under the hood: smart contract audits by CertiK and HashEx, a roadmap filled with actual product rollouts, and early traction from real users seeking more than hype. Why MAGACOIN FINANCE Holds the Advantage While Cardano continues to build steadily on its established strengths, MAGACOIN FINANCE is moving with a sense of urgency that’s hard to ignore. It’s not just another token riding market momentum—it’s tapping into a breakout story that’s still in its early chapters. With U.S. regulations evolving and investor focus shifting toward compliant, community-driven projects, MAGACOIN’s strong brand identity and fast-growing support base give it a distinct edge. In a market where timing and narrative matter, MAGACOIN FINANCE is quickly becoming a first mover in the next big cycle. Investors who waited for Bitcoin at $10K or ETH at $300 often cite the same regret—ignoring early signs of conviction. MAGACOIN FINANCE is gaining momentum fast. With listings on the horizon and growing interest, this early-stage window won’t stay open for long. Final Thoughts With the cryptocurrency seeing a record-level surge, investors already have their gaze on MAGACOIN FINANCE as the clear altcoin to watch. While Cardano continues to build, MAGACOIN is already accelerating—drawing capital, community, and attention with every new milestone. The $5 mark is a symbolic target—but the real win lies in long-term upside. For those seeking the next altcoin with real breakout potential, MAGACOIN FINANCE is more than a competitor—it’s the early winner of the next FOMO cycle. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Cardano (ADA) vs Ethereum (ETH): Which Altcoin Hits $5 First and Sparks the Next Historic FOMO Wave in 2025?
Prominent XRP analyst Oscar Ramos has stated that the opportunity to acquire XRP for less than $2 may have permanently passed. In a recent livestream shared on X, Ramos discussed current market conditions and the growing strength of altcoins, which he believes may signal that XRP will no longer revisit its earlier lower price levels. During the 10-minute broadcast, Ramos expressed interest in purchasing XRP at more favourable entry points, particularly near the $2 range. However, he also indicated that such a price retracement is increasingly unlikely. His analysis was prompted by XRP’s recent price surge, during which it traded at approximately $3.50 at the time of his remarks. Factors Behind the $2 Price Floor Outlook Ramos pointed to several developments in the broader cryptocurrency market to support his position. Chief among them is the observed decrease in Bitcoin dominance, which he says has declined from 66% to approximately 60%. This shift, in his view, suggests that capital is flowing into alternative cryptocurrencies, boosting their market presence. IF You OWN $XRP I Got News For You – UNDER $2 XRP might be GONE! – Bitcoin Dominance Crashing – Altcoins PUMPING Hard – XRP reaching $4 in July – GOING All in it's a priority pic.twitter.com/o7nVQuXKrE — Oscar Ramos (@realOscarRamos1) July 21, 2025 He argued that this trend may indicate the onset of an “altcoin cycle,” a period during which altcoins outperform Bitcoin in terms of market returns. Historically, these periods have been associated with rapid price increases for a wide range of tokens, including XRP. Ramos believes this growing altcoin strength will make a return to sub-$2 levels for XRP increasingly improbable. XRP’s Rising Cost and Accessibility Concerns Alongside Ramos’s forecast, other voices within the XRP community have raised concerns about XRP’s affordability for retail investors following its recent price performance. Edoardo Farina, another well-known supporter of XRP, recently stated that the average retail investor is unlikely to afford holding 10,000 XRP, which was valued at over $22,000 at the time of his comment. He described such holdings as increasingly inaccessible for everyday buyers. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Echoing this sentiment, community member Xena remarked that the cost of acquiring 1,000 XRP, valued at over $3,000, has moved beyond the financial capacity of many individual investors. Despite the strong upward momentum, XRP has experienced a short-term price pullback. After briefly reaching $3.50, the token declined to $3.06 at the time of reporting. This marks a 2.54% drop in the last 24 hours and an 11.41% decline over the past seven days. While some investors may view this dip as a potential reentry point, analysts like Ramos argue that the broader trajectory suggests a higher long-term valuation range, making price levels below $2 increasingly unlikely going forward. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Crypto Investor to XRP Holders: I Have Good News for You appeared first on Times Tabloid .
BTC remains structurally bullish as miner stress fades, despite profit-taking signals from long-term holders.