Cryptocurrency Markets and On-Chain Ecosystem Developments

According to Bernstein on July 1, the investment firm maintained an Outperform rating and $190 price target for Circle Internet Group (NYSE: CRCL), representing over 200% upside from the stock's previous close of $62.63 on June 30. Bernstein cited strong transaction volume data for USDC, Circle's st

CRCL6.08%

GateNews·07-01 17:32

Bernstein Maintains $190 Price Target for Circle, Representing 200% Upside on July 1

Streamex's GLDY Tokenized Gold Securities Now Available via Regular Brokerage Accounts, Offering 3.5% Annual Yield

Metals

According to Odaily, Streamex Corp.'s GLDY tokenized gold-backed securities are now available for purchase through regular brokerage accounts via FINRA member broker Siebert Financial. The securities, initially launched in February and gaining secondary trading on Solana's Orca decentralized

XAUUSD-0.46%

SOL0.57%

ORCA0.65%

GateNews·07-01 17:32

Streamex's GLDY Tokenized Gold Securities Now Available via Regular Brokerage Accounts, Offering 3.5% Annual Yield

Bitrefill Adds Arkade Payment Support for Instant, Fee-Free Bitcoin Transactions

According to Bitcoin News, Bitrefill now supports Arkade, a new Bitcoin payment network, enabling instant transactions with zero fees. The addition marks Bitrefill's expansion beyond its decade-long role as a Lightning Network early

BTC2.31%

GateNews·07-01 17:31

Bitrefill Adds Arkade Payment Support for Instant, Fee-Free Bitcoin Transactions

Citi Cuts Bitcoin Forecast to $82K From $112K as ETF Outflows Mount

Citi cut its 12-month Bitcoin price forecast to $82,000 from $112,000 and lowered its Ether forecast to $2,240 from $3,175 after crypto ETF flows turned negative and investor demand weakened. According to Reuters, the bank cited persistent ETF outflows, weak investor appetite, slow U.S. crypto

BTC2.31%

ETH3.32%

POLYMARKET2.11%

EthanBrooks·07-01 17:23

Citi Cuts Bitcoin Forecast to $82K From $112K as ETF Outflows Mount

TD Cowen Cuts MicroStrategy Price Target 35% on Bitcoin Weakness

Price Volatility

TD Cowen trimmed its price target for MicroStrategy (NASDAQ: MSTR) by 35% to $260 from $400, citing Bitcoin's observed ongoing weakness as the sole driver behind the reduction. Analysts led by Lance Vitanza attributed the downgrade directly to the cryptocurrency's recent performance rather than

BTC2.31%

MSTR0.79%

STRC0.54%

DanielCarter·07-01 17:14

TD Cowen Cuts MicroStrategy Price Target 35% on Bitcoin Weakness

Crypto ATM Bans Now in Effect in Tennessee and Georgia as Minnesota Deadline Looms

Regulation & Policy

Crypto ATMs are now banned in Tennessee as of today (July 1, 2026), while operators in Minnesota have until August 1 to comply with similar restrictions. The bans and restrictions signal a growing regulatory tightening on cryptocurrency ATM operations across U.S.

GateNews·07-01 17:14

Crypto ATM Bans Now in Effect in Tennessee and Georgia as Minnesota Deadline Looms

TD Cowen Cuts MicroStrategy Price Target 35% to $260 on June 30 Citing Bitcoin Weakness

According to TD Cowen, analysts led by Lance Vitanza cut MicroStrategy (NASDAQ: MSTR) price target from $400 to $260 on June 30, citing Bitcoin's observed ongoing weakness. The bank also lowered its end-year BTC forecast to $100,000 from $140,000. Bitcoin fell to $60,109, down 15% over the past

BTC2.31%

MSTR0.79%

GateNews·07-01 17:12

TD Cowen Cuts MicroStrategy Price Target 35% to $260 on June 30 Citing Bitcoin Weakness

Anchorage Digital Integrates Off-Exchange Settlement on Binance

Anchorage Digital integrated off-exchange settlement capabilities on Binance on July 1, 2026. The integration is designed to address a major barrier to institutional crypto participation: exchange counterparty

GateNews·07-01 17:08

Anchorage Digital Integrates Off-Exchange Settlement on Binance

MarketVector Digital Asset 100 Small Cap Index Rises 2.22% in 24 Hours; Bitcoin Surges to $59,850

Price Volatility

In the past 24 hours, the MarketVector Digital Asset 100 Small Cap Index rose 2.22% to 2,150.11 points, fluctuating between 2,063.01 and 2,161.93 points. The mid-cap index gained 0.99% to 2,453.77 points, while the broader MarketVector Digital Asset 100 Index climbed 2.65% to 11,919.46

BTC2.31%

ETH3.32%

SOL0.57%

DOGE2.18%

XRP1.44%

GateNews·07-01 17:01

MarketVector Digital Asset 100 Small Cap Index Rises 2.22% in 24 Hours; Bitcoin Surges to $59,850

AAVE Price Outlook Strengthens on DeFi Growth

Market Analysis

AAVE is continuing its bull run, with institutional investors showing interest and the fundamentals of the DeFi sector improving overall confidence in the market. Standard Chartered’s forecast depends on expanding stablecoins, RWAs, and sustained DeFi growth through the decade ahead. AAV

AAVE3.56%

CryptoNewsLand·07-01 17:01

AAVE Price Outlook Strengthens on DeFi Growth

Bitcoin Drops to $57,779, Surges 2.8% to $60,000 on Weaker-Than-Expected US Jobs Data

According to Odaily, Bitcoin dropped to $57,779 on Wednesday, marking its lowest point since September 2024, before rebounding 2.8% to around $60,000. The recovery followed weaker-than-expected U.S. employment and manufacturing data, with the ADP reporting 98,000 private sector jobs added in June ve

BTC2.31%

GateNews·07-01 17:01

Bitcoin Drops to $57,779, Surges 2.8% to $60,000 on Weaker-Than-Expected US Jobs Data

244 Crypto Asset Service Providers Complete MiCA Registration as EU Regulatory Framework Fully Takes Effect on July 2

Regulation & Policy

According to BlockBeats, on July 2, the European Union's comprehensive cryptocurrency regulatory framework, MiCA (Markets in Crypto-Assets Regulation), fully came into effect following the end of its final transition period. According to the European Securities and Markets Authority (ESMA), 244

GateNews·07-01 16:49

244 Crypto Asset Service Providers Complete MiCA Registration as EU Regulatory Framework Fully Takes Effect on July 2

Paribu Launches DeFi Trading and Stock Waitlist in Turkish Market

Prediction Market

Derivatives Data

Paribu, a Turkish crypto exchange, has repositioned itself as a multi-product, multi-asset investment app. The platform launched DeFi access spanning DEX trading, Hyperliquid onchain perpetuals, and Polymarket prediction markets, and opened a waitlist for stock trading pending regulatory approval. T

HYPE0.89%

POLYMARKET2.11%

EthanBrooks·07-01 16:42

Paribu Launches DeFi Trading and Stock Waitlist in Turkish Market

Bitcoin Bull Cycle Comparison Fuels Market Optimism

Market Analysis

Bitcoin’s recent six-month correction mirrors previous downturns that eventually preceded explosive market recoveries. Historical charts suggest periods of maximum fear often emerge shortly before major cryptocurrency expansions begin. Expectations for Bitcoin and altcoins remain

BTC2.31%

CryptoNewsLand·07-01 16:42

Bitcoin Bull Cycle Comparison Fuels Market Optimism

Hollywood Director Carl Erik Rinsch Sentenced to 30 Months for Moving $11M Netflix Funds to Crypto

Enforcement Actions

According to court filings, Carl Erik Rinsch, the director known for Keanu Reeves' 2013 film "47 Ronin," was sentenced to 30 months in federal prison by U.S. District Judge Jed Rakoff in Manhattan. Rinsch fraudulently obtained $11 million from Netflix for a science fiction series but diverted the

NFLX-3.32%

GateNews·07-01 16:42

Hollywood Director Carl Erik Rinsch Sentenced to 30 Months for Moving $11M Netflix Funds to Crypto

Bitcoin Bull Cycle Comparison Fuels Market Optimism

Market Analysis

BTC2.31%

CryptoNewsLand·07-01 16:41

Ethereum Institutional Launches Free Consulting Service for Banks and Asset Managers in 2026

According to Odaily, Ethereum Institutional, launched in 2026 by former Ethereum Foundation members David Walsh, Marius Smith, and Matthew Dawson, provides free consulting to banks and asset managers seeking to enter the Ethereum ecosystem. The non-profit organization covers Ethereum, Layer 2

ETH3.32%

GateNews·07-01 16:31

Ethereum Institutional Launches Free Consulting Service for Banks and Asset Managers in 2026

Bitcoin ETFs Record $222.64M Outflows on Ninth Consecutive Day as June Closes

Capital Flow

On-Chain Data

Bitcoin ETFs recorded $222.64 million in net outflows on Tuesday, marking the ninth consecutive day of redemptions as June closed. Blackrock's IBIT led the decline with $212.45 million in exits, while Fidelity's FBTC lost $10.20 million. The session reflected broader market caution, with ether,

BTC1.35%

CryptoFrontier·07-01 16:29

Bitcoin ETFs Record $222.64M Outflows on Ninth Consecutive Day as June Closes

Bitcoin ETFs Hit $222.64M Outflow on 9th Straight Day as Ether Funds Fall

Capital Flow