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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EU's MiCA Framework Takes Full Effect; Only 210 of 1,200 Crypto Firms Gain Authorization Before July 1 Deadline

Regulation & Policy

According to data from the European Securities and Markets Authority (ESMA) reported by Euronews, Europe's crypto industry faces a major regulatory overhaul as the European Union's Markets in Crypto-Assets Regulation (MiCA) takes full effect on July 1, 2026. Companies without MiCA authorization

GateNews·06-24 20:02

EU's MiCA Framework Takes Full Effect; Only 210 of 1,200 Crypto Firms Gain Authorization Before July 1 Deadline

House Administration Committee Approves Congressional Prediction Market Ban on 5-4 Vote

Regulation & Policy

On Wednesday, the House Administration Committee approved legislation prohibiting U.S. Congress members, their spouses, and dependent children from betting on prediction markets related to government or political outcomes. The bill, led by Committee Chair Bryan Steil (R-Wisconsin), passed on a

GateNews·06-24 19:58

House Administration Committee Approves Congressional Prediction Market Ban on 5-4 Vote

Mark Cuban Faces Appeal in Voyager Digital Class-Action Lawsuit

Enforcement Actions

Voyager Digital investors appealed on June 23 the dismissal of a class-action lawsuit against billionaire entrepreneur Mark Cuban and the Dallas Mavericks. The appeal challenges Judge Roy Altman's December 2025 ruling, which dismissed the complaint on the grounds that plaintiffs failed to

BTC-0.30%

EthanBrooks·06-24 19:53

Mark Cuban Faces Appeal in Voyager Digital Class-Action Lawsuit

ETH Monthly Support Faces Critical Test Near $1,750

Market Analysis

ETH is close to a crucial monthly support level, with traders keeping a close eye on the price of $1,750. If Ethereum breaks below key support, there is potential for deeper downside before renewed demand returns. Buyers have been coming in after a steep pullback in the middle of the

ETH-0.62%

CryptoNewsLand·06-24 19:50

ETH Monthly Support Faces Critical Test Near $1,750

Market Analysis

ETH-0.62%

CryptoNewsLand·06-24 19:47

ADA Outlook Faces Key Test Near Demand Zone

Market Analysis

Derivatives Data

ADA holds near demand, while traders monitor 0.1586 support for signs of a bounce or deeper decline. Funding rates remain near neutral despite months of weakness, showing balanced derivatives positioning. Resistance between 0.1639 and 0.1651 remains a key barrier before any broader

ADA-3.82%

CryptoNewsLand·06-24 19:46

ADA Outlook Faces Key Test Near Demand Zone

Market Analysis

Derivatives Data

ADA-3.73%

CryptoNewsLand·06-24 19:46

Kalshi Sues Illinois Officials Over Prediction Markets Law Taking Effect July 1

Enforcement Actions

Prediction Market

Regulation & Policy

Prediction markets company Kalshi filed a lawsuit against Illinois officials on June 24 over a state law restricting prediction markets set to take effect July 1. Kalshi claimed it would be "irreparably harmed" by the law signed as part of an Illinois budget

KALSHI1.09%

GateNews·06-24 19:44

Kalshi Sues Illinois Officials Over Prediction Markets Law Taking Effect July 1

Bitcoin Falls 5% to $59,018, Triggering $237M Long Liquidations

Price Volatility

Derivatives Data

Stocks

Bitcoin fell 5% to $59,018 on June 24 amid a marketwide sell-off that reduced the total cryptocurrency market capitalization to $2.15 trillion. The decline triggered $237 million in long position liquidations within four hours, with total crypto liquidations reaching $486 million during the same

BTC-0.22%

DanielCarter·06-24 19:34

Bitcoin Falls 5% to $59,018, Triggering $237M Long Liquidations

Bitcoin Falls to $59,548, Lowest Level Since October 2024, Down 4% on June 24

Price Volatility

Capital Flow

Stocks

According to CNBC, Bitcoin dropped on June 24 to its lowest level since October 2024, falling more than 4% to $59,548.19. Earlier in the day, it hit an intraday low of $59,023.98, marking the third time this year the flagship cryptocurrency has traded below $60,000. Bitcoin ETFs experienced $182

BTC-0.30%

GateNews·06-24 19:10

Bitcoin Falls to $59,548, Lowest Level Since October 2024, Down 4% on June 24

Catholic Groups and Law Enforcement Warn CLARITY Act Weakens Crypto Crime Safeguards

Regulation & Policy

Catholic leaders, law enforcement groups, and anti-trafficking advocates are warning that the CLARITY Act could weaken safeguards used to fight crypto-enabled crime. The opposition centers on provisions that would protect non-custodial software developers from being classified as money

EthanBrooks·06-24 19:05

Catholic Groups and Law Enforcement Warn CLARITY Act Weakens Crypto Crime Safeguards

Catholic Leaders, Law Enforcement Groups Oppose CLARITY Act Developer Protections

Regulation & Policy

According to Congress.gov, Catholic leaders and law-enforcement-aligned groups recently opposed provisions in the CLARITY Act that would shield non-custodial software developers from money-transmitter regulations. The coalition, including anti-trafficking advocates, expressed concern that broad deve

GateNews·06-24 19:03

Catholic Leaders, Law Enforcement Groups Oppose CLARITY Act Developer Protections

Bitcoin Long-Term Holders Control 16.62M BTC as Analyst Targets $100K Breakout

Market Analysis

Price Prediction

According to crypto analyst InvestAnswers, Bitcoin is exhibiting signs of a bear market bottom, with long-term holders now controlling 16.62 million BTC—a fresh all-time high suggesting patient investors are accumulating ahead of a potential supply squeeze. The analyst highlighted that Bitcoin has r

BTC-0.30%

GateNews·06-24 19:02

Bitcoin Long-Term Holders Control 16.62M BTC as Analyst Targets $100K Breakout

Kalshi is in talks to raise funds at a $40 billion valuation.

Prediction Market

Gate News: According to the Financial Times, prediction market platform Kalshi is in talks to raise funds at a $40 billion valuation.

GateNews·06-24 19:02

Pump.fun Offers $1M-$5M Salary for Chief Legal Officer Role

Regulation & Policy

Enforcement Actions

Baton Corporation, the development company behind Solana-based memecoin platform Pump.fun, announced Wednesday it is hiring a chief legal officer at a salary between $1 million and $5 million. Co-founder Alon Cohen stated in an X post that the legal executive will work alongside the company's

PUMP-2.65%

SOL0.11%

EthanBrooks·06-24 18:52

Pump.fun Offers $1M-$5M Salary for Chief Legal Officer Role

INJ Price Holds Key Support as Recovery Hopes Build

Market Analysis

INJ trades near a major support zone as buyers continue defending demand after months of selling pressure. Funding rates remain near neutral, showing balanced leverage despite recent price recovery efforts. A move above nearby resistance could strengthen recovery momentum, while support r

INJ-2.92%

CryptoNewsLand·06-24 18:51

INJ Price Holds Key Support as Recovery Hopes Build

ENA Adoption Surges as Network Activity Hits Records

On-Chain Data

Project Progress

ENA adoption reached new highs as active addresses climbed above 5,000 during a single day. Nearly 3,000 new wallets joined the network, marking Ethena’s strongest onboarding period. USDe growth and governance initiatives continue driving engagement across the expanding ecosystem. ENA

ENA-3.11%

USDE0.01%

CryptoNewsLand·06-24 18:47

ENA Adoption Surges as Network Activity Hits Records

INJ Price Holds Key Support as Recovery Hopes Build

Market Analysis

INJ-2.81%

CryptoNewsLand·06-24 18:46

ENA Adoption Surges as Network Activity Hits Records

On-Chain Data

ENA-3.11%

USDE0.01%

CryptoNewsLand·06-24 18:46

21Shares Predicts Bitcoin Reaches $100,000 by End of 2026, Citing Post-Halving Patterns

Price Prediction

Stocks

According to The Block, 21Shares, a Europe-based cryptocurrency ETF provider managing $11 billion, predicted on June 24 that Bitcoin will reach $100,000 by the end of 2026. The firm's analysts noted that BTC's recent price movements closely resemble historical post-halving patterns, and Bitcoin

BTC-0.30%

GateNews·06-24 18:43

Cryptocurrency Markets and On-Chain Ecosystem Developments

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EU's MiCA Framework Takes Full Effect; Only 210 of 1,200 Crypto Firms Gain Authorization Before July 1 Deadline

House Administration Committee Approves Congressional Prediction Market Ban on 5-4 Vote

Mark Cuban Faces Appeal in Voyager Digital Class-Action Lawsuit

ETH Monthly Support Faces Critical Test Near $1,750

ETH Monthly Support Faces Critical Test Near $1,750

ADA Outlook Faces Key Test Near Demand Zone

ADA Outlook Faces Key Test Near Demand Zone

Kalshi Sues Illinois Officials Over Prediction Markets Law Taking Effect July 1

Bitcoin Falls 5% to $59,018, Triggering $237M Long Liquidations

Bitcoin Falls to $59,548, Lowest Level Since October 2024, Down 4% on June 24

Catholic Groups and Law Enforcement Warn CLARITY Act Weakens Crypto Crime Safeguards

Catholic Leaders, Law Enforcement Groups Oppose CLARITY Act Developer Protections

Bitcoin Long-Term Holders Control 16.62M BTC as Analyst Targets $100K Breakout

Kalshi is in talks to raise funds at a $40 billion valuation.

Pump.fun Offers $1M-$5M Salary for Chief Legal Officer Role

INJ Price Holds Key Support as Recovery Hopes Build

ENA Adoption Surges as Network Activity Hits Records

INJ Price Holds Key Support as Recovery Hopes Build

ENA Adoption Surges as Network Activity Hits Records

21Shares Predicts Bitcoin Reaches $100,000 by End of 2026, Citing Post-Halving Patterns