Crypto Markets & On-Chain Ecosystem Developments

According to Guru Club, Hyperliquid listed perpetual contracts for Changxin Technology on July 15, pricing them at $7.2 per share (approximately 52 yuan). Based on the company's post-IPO share count of 66.88 billion, this translates to an implied valuation of approximately 3.5 trillion yuan,

According to TheMinerMag, Poolin, formerly the world's largest Bitcoin mining pool, filed for Chapter 11 bankruptcy protection on July 22, seeking to sell its Texas mining assets for $52 million and cease operations. The company and two U.S. affiliates filed voluntary petitions with the New Jersey b

According to CryptoQuant analyst Darkfost, long-term Bitcoin holders with 5 to 10 year holding periods have recently shown increased on-chain activity, with daily UTXO (unspent transaction output) movements exceeding 5,000 BTC on multiple occasions. Such movements typically stem from two reasons:

According to Polymarket data, the probability of the CLARITY Act passing this year has dropped to 37% as of July 24, down sharply from over 80% earlier this spring. Senate Majority Leader John Thune indicated the bill is unlikely to be voted on before the August recess. The Digital Asset Market

According to Odaily星球日报, decentralized trading platform Aster announced the launch of Aster Vault Beta, enabling users to participate in actively managed trading strategies without executing individual trades. Users can deposit funds into Vaults, where strategy managers execute trades, with users

According to Odaily, Wisconsin Elections Commission warned on July 9 that residents trading election-related contracts on Kalshi or Polymarket may lose voting rights in those same elections, with violations constituting a Class I felony. The commission issued the guidance statewide on Tuesday

Sui network has introduced a sponsored transaction model enabling gas-free stablecoin transfers, allowing users to move supported stablecoins without holding native SUI tokens for transaction fees. The feature addresses a core user experience problem in crypto payments where users must acquire nativ

According to ChainCatcher's monitoring via PPP prediction market tool, the probability of SpaceX's Starship 13th test flight on July 24 surged to 77%, up 16% in 24 hours. The probability for July 25 reached 83%, up 35% in the same period. SpaceX previously postponed the test flight to July 24 due to

According to BlockBeats, on July 24, a whale account (0x4e2) on Hyperliquid placed 209 orders totaling approximately $30.68 million across tech stock futures, according to Hyperinsight monitoring. The account is executing a multi-leg strategy: covering approximately $4.01 million in AMD short

According to CryptoQuant analyst Axel Adler, Bitcoin's realized losses have eased 56.5% from the February 2026 peak of $1.37 billion to $597 million as of July 23. The decline indicates reduced selling pressure from underwater holders, though the analyst noted that selling distress has not fully

According to PPP's prediction market monitoring on Polymarket as of July 24, the probability of a two-week ceasefire between the U.S. and Iran by August 31 currently stands at 51%, down 3% from last week. The August 14 deadline carries a 34% probability, down 1% weekly. Per market settlement

According to Onchain Lens, a trader holds 1.38 million HYPE long positions with $27.34 million in unrealized gains over 287 days as of July 24. The position's current value stands at $80.71 million with an entry price of $38.67 and a mark price of $58.49 at 5x leverage. The trader added 4.5 million

According to Foresight News, Flaunch, a meme token issuance platform, has launched an auto-buyback feature on Robinhood Chain. The feature allows creators to allocate a percentage of trading fees toward automatic token