The Circle Squeeze: Mizuho's Downgrade Reveals the Structural Erosion of Stablecoin Royalties
Hook: On Thursday, Circle stock dropped 7.7% in a single session. That’s not...
Policy
•
CryptoFox
•
2026-07-20
#Downgrade
Downgrade related articles
Market Prices
BTC
Bitcoin
$75,777.4
-0.87%
ETH
Ethereum
$2,393.99
-1.51%
SOL
Solana
$97.24
-2.28%
BNB
BNB Chain
$711.7
-1.07%
XRP
XRP Ledger
$1.27
-8.99%
DOGE
Dogecoin
$0.0792
-3.37%
ADA
Cardano
$0.1919
-5.19%
AVAX
Avalanche
$7.25
-2.70%
DOT
Polkadot
$0.9768
-0.95%
LINK
Chainlink
$10.73
-5.10%
Fear & Greed
51
Neutral
Market Sentiment
Event Calendar
202622
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
18
03
unlock
Sui Token Unlock
Team and early investor shares released
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
30
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
12
05
halving
BCH Halving
Block reward halving event
Market Cap
All →
1
Bitcoin
BTC
$75,777.4
1
Ethereum
ETH
$2,393.99
1
Solana
SOL
$97.24
1
BNB Chain
BNB
$711.7
1
XRP Ledger
XRP
$1.27
1
Dogecoin
DOGE
$0.0792
1
Cardano
ADA
$0.1919
1
Avalanche
AVAX
$7.25
1
Polkadot
DOT
$0.9768
1
Chainlink
LINK
$10.73
Tag Hub
Tools
All →Altseason Index
41
Bitcoin Season
BTC Dominance
Altseason
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
🐋 Whale Tracker
🔵
0x0ab6...bbc6
30m ago
Stake
9,769,663 DOGE
🔵
0xcad4...0dc2
5m ago
Stake
3,007 BNB
🔴
0x5875...35c7
1d ago
Out
3,112 ETH
💡 Smart Money
0xe497...2fea
Experienced On-chain Trader
-$0.5M
70%
0x5feb...a5d1
Experienced On-chain Trader
+$0.8M
70%
0xba20...fc90
Market Maker
+$1.4M
60%