Cryptocurrency Markets and On-Chain Ecosystem Developments

Focuses on market developments across Bitcoin, Ethereum, and major digital assets, covering public blockchain ecosystems, DeFi, stablecoins, institutional participation, regulatory policies, and industry innovation to help readers understand key trends and shifts in the global cryptocurrency market.
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User Loses 6,400 ETH Worth $10M in Social Engineering Scam

According to Foresight News and Com Feed monitoring, a user has lost approximately 6,400 ETH (valued at around $10 million) in a social engineering scam. The victim was contacted by scammers impersonating customer service team members and subsequently had their funds stolen. The stolen funds have s
ETH-0.83%
GateNews·06-29 02:21
User Loses 6,400 ETH Worth $10M in Social Engineering Scam

ETH drops 0.86% sharply in 15 minutes: Macro linkage and contract liquidation resonance trigger short-term selling

June 29, 2026, 02:00 to 02:15 (UTC), ETH/USDT dropped 0.86% in 15 minutes, with a price range of 1550.22-1570.76 USDT and a volatility of 1.31%. The price fell rapidly, volatility intensified, and market attention significantly increased. The main driving force behind this anomaly is the resonance effect of macro market linkages and cascading liquidations in the derivatives market. ETH, as the second-largest crypto asset by market cap, is highly correlated with BTC. When BTC experiences a rapid
ETH-0.80%
BTC-0.76%
GateNews·06-29 02:18
ETH drops 0.86% sharply in 15 minutes: Macro linkage and contract liquidation resonance trigger short-term selling

Brazil vs Japan: Why does the prediction market give Brazil a 58% win rate? Does Japan still have a chance to pull an upset?

The charm of the World Cup knockout stage has never been about a simple comparison of strength on paper, but about how the "sudden death" format magnifies every tactical detail and psychological fluctuation. At 1:00 AM Beijing time on June 30, Brazil and Japan will face off in the Round of 16 at NRG Stadium in Houston. Historically, Brazil holds an absolute advantage with 11 wins, 2 draws, and 1 loss in 14 encounters against Japan. However, in a friendly match last October, Japan came back from
GateInstantTrends·06-29 02:17
Brazil vs Japan: Why does the prediction market give Brazil a 58% win rate? Does Japan still have a chance to pull an upset?

BTC 15-minute sharp drop 0.70%: liquidity depletion combined with leveraged liquidation triggers short-term sell-off

On June 29, 2026, between 02:00 and 02:15 UTC, BTC dropped 0.70% in 15 minutes, falling from $59,512.2 USDT to $58,900.0 USDT, with an amplitude of 1.03%. This period, which is typically a low-liquidity window before Asian market opens and during late US market hours, saw heightened volatility, drawing market attention. The main drivers of this movement were a liquidity drain combined with a leveraged liquidation cascade. During 02:00-02:15 UTC, major Asian trading markets such as Tokyo and Seou
BTC-0.73%
GateNews·06-29 02:17
BTC 15-minute sharp drop 0.70%: liquidity depletion combined with leveraged liquidation triggers short-term sell-off

CZ Interview Analyzes Three Major Reasons for Bear Market, Announces He Will No Longer Lead Crypto Exchange

Binance co-founder CZ (Changpeng Zhao) gave an exclusive interview to CoinDesk on June 27, stating that after Bitcoin broke through its all-time high of $126,000 in October 2025, it has corrected about 50% over the past 12 months, caused by a "triple-factor overlay." In the interview, CZ said he will not serve as CEO of a crypto exchange again and prefers to participate in the operations of his portfolio companies as an informal advisor. Three Causes of the 2026 Crypto Bear Market Listed by CZ i
MarketWhisper·06-29 02:11
CZ專訪剖析熊市三大原因

ACT (Act I) surged 40.87% in 24 hours.

Gate News, June 29 – According to Gate行情, as of press time, ACT (Act I) is trading at $0.01151, up 40.87% in 24 hours, with a high of $0.01683 and a low of $0.00826. The 24-hour trading volume is $6.5479 million. The current market cap is approximately $10.9142 million. Act I is one of the few projects exploring how to interact with artificial intelligence. It is no longer a cold one-to-one user/assistant model but a network symbolizing equality. This news does not constitute investment advice.
ACT5.14%
GateNews·06-29 02:09
ACT (Act I) surged 40.87% in 24 hours.

2026 World Cup knockout stage begins, Polymarket: France championship probability 23%

As the 2026 FIFA World Cup enters the knockout stage, both Polymarket and Kalshi list France as the most likely team to win. On Polymarket, France's championship probability is 23% and Argentina's is 22%; on Kalshi, France is at 20% and Argentina at 16%, with both prediction markets showing France slightly ahead of Argentina. Polymarket: France 23%, Argentina 22% Polymarket's full championship probability ranking: France 23%, Argentina 22%, Spain 11%, England 10%, Brazil 6%. On Kalshi, France le
KALSHI0.89%
MarketWhisper·06-29 01:58
Polymarket預測法國世界杯奪冠機率23%

San Antonio legislation requires Bitcoin ATMs to post bilingual warnings, Texas pushes for statewide ban

San Antonio city ordinance requires all 193 cryptocurrency ATMs in the city to post bilingual English-Spanish anti-fraud warning signs starting July 1, with the San Antonio Police Department (SAPD) responsible for production, distribution, and enforcement; violators face fines of $100 to $500 per incident, with each day of continued violation counted as a separate offense. Bitcoin ATM Bilingual Warning Sign Format Specifications and Fine Standards The ordinance mandates that operators must post
BTC-0.76%
MarketWhisper·06-29 01:52
比特幣ATM張貼雙語警告

UNA (Unagi) surges 348% in 24 hours

Gate News, June 29 — According to Gate market data, as of press time, UNA (Unagi) is currently trading at $0.00122, up 348% in 24 hours, with a high of $0.00212 and a low of $0.000383. The 24-hour trading volume reached $78,900. The current market cap is approximately $158,200. UNA is the Web3 gaming ecosystem token of Unagi, serving as a universal ticket to the entire Unagi game series, providing users with a seamless experience across various genres and platforms. Founded in 2022 by former Ubi
UNA23.63%
ETH-0.83%
GateNews·06-29 01:51
UNA (Unagi) surges 348% in 24 hours

South Korea's KOSDAQ new regulations take effect on July 1, DAT company faces delisting pressure

Korea's revised KOSDAQ listing maintenance rules will take effect on July 1, raising the market capitalization threshold for digital asset fund (DAT) companies listed on the Korean startup board; Korea Exchange (KRX) data on June 29 shows BitMEX's market cap is 13.1 billion KRW, already below the second-half delisting threshold of 20 billion KRW, and Parataxys Korea is undergoing a substantive review of its listing eligibility. Comparison of Current Market Cap of Four KOSDAQ DAT Companies with N
MarketWhisper·06-29 01:36
韓國DAT公司面臨退市壓力