Cryptocurrency Markets and On-Chain Ecosystem Developments

Jason Kupferberg of Wells Fargo reiterated a buy rating on Circle Internet Group (NYSE: CRCL) with a $142 price target, implying roughly 79% upside from current levels, as the stock traded down 1.39% intraday at $79.17 at press time. The call comes as Circle, the company behind the world's

DanielCarter·06-22 17:43

Wells Fargo Sets $142 Target on Circle Stock After 67% Decline

Wells Fargo Sets $142 Price Target on Circle (CRCL), Implying 79% Upside

Wells Fargo analyst Jason Kupferberg reiterated a buy rating on Circle Internet Group (NYSE: CRCL) with a $142 price target, implying approximately 79% upside from current levels. At press time, Circle shares were trading at $79.17. Kupferberg's bullish call comes despite the stock sliding more

GateNews·06-22 17:42

Wells Fargo Sets $142 Price Target on Circle (CRCL), Implying 79% Upside

Franklin Templeton Launches Franklin Crypto After 250 Digital Acquisition

Industry Reports

Franklin Templeton completed its acquisition of 250 Digital on June 22, 2026, and formally launched Franklin Crypto, a new division dedicated to actively managed cryptocurrency strategies. The move targets institutional investors seeking regulated crypto exposure through a firm managing $1.78

EthanBrooks·06-22 17:38

Franklin Templeton Launches Franklin Crypto After 250 Digital Acquisition

Institutional Investors Withdrew $8 Billion from Crypto in 30 Days

Institutional investors withdrew a net $8 billion from the cryptocurrency market in the last 30 days, according to an analysis report published by BIT (formerly Matrixport). The capital outflow reflects a decrease in institutional appetite for risky assets, with investors reducing positions before t

BTC0.32%

LucasBennett·06-22 17:34

Institutional Investors Withdrew $8 Billion from Crypto in 30 Days

Institutional Investors Withdrew $8 Billion from Crypto Market in 30 Days, BIT Report Shows

According to a BIT report, institutional investors withdrew a net $8 billion from the crypto market in the last 30 days. The analysis examined stablecoin flows, Strategy (STR) share investments, and spot Bitcoin ETF movements, revealing a shift from capital inflows to net outflows as institutional a

BTC0.32%

GateNews·06-22 17:32

Institutional Investors Withdrew $8 Billion from Crypto Market in 30 Days, BIT Report Shows

Scaramucci Posts 5-Point Bitcoin Defense Amid Market Decline

SkyBridge Capital founder Anthony Scaramucci posted five specific reasons on X for remaining bullish on Bitcoin. Scaramucci, a Goldman Sachs veteran who briefly served as White House Communications Director under Trump in 2017 for 11 days, argued the asset's recent decline reflects mechanical

BTC0.32%

DanielCarter·06-22 17:23

Scaramucci Posts 5-Point Bitcoin Defense Amid Market Decline

Polymarket Paid Adin Ross Millions as WSJ Finds Inside-Information Discussion in Promoted Videos

Enforcement Actions

Prediction Market

Security Incidents

Polymarket struck a multimillion-dollar promotional deal with streamer Adin Ross, according to a Wall Street Journal investigation. Ross, who has a multimillion-follower count, averages about half an hour per week on his livestream scrolling through the platform and commenting on potential trades, a

POLYMARKET-1.06%

EthanBrooks·06-22 16:59

Polymarket Paid Adin Ross Millions as WSJ Finds Inside-Information Discussion in Promoted Videos

Polymarket Paid Adin Ross Multimillion-Dollar Deal Featuring Inside-Trading Content, WSJ Reports

Enforcement Actions

Prediction Market

Regulation & Policy

According to a Wall Street Journal investigation published recently, Polymarket struck a multimillion-dollar promotional deal with streamer Adin Ross. In at least 5 of Ross's videos, he identified ways to use inside information to trade on the platform, the outlet found. Polymarket and its

POLYMARKET-1.06%

GateNews·06-22 16:57

Polymarket Paid Adin Ross Multimillion-Dollar Deal Featuring Inside-Trading Content, WSJ Reports

Franklin Templeton Completes 250Digital Acquisition, Launches Franklin Crypto for $1.78T AUM on June 23

Industry Reports

According to BlockBeats, Franklin Templeton completed its acquisition of 250Digital on June 23 and launched Franklin Crypto, a new dedicated digital asset division. The new unit will operate as an independent active management platform targeting institutional investors, including pension funds and s

GateNews·06-22 16:53

Franklin Templeton Completes 250Digital Acquisition, Launches Franklin Crypto for $1.78T AUM on June 23

Bitcoin Dividend ETF Push Gains Momentum

Franklin Templeton plans hybrid funds using stock dividends for Bitcoin exposure up to 20% allocation limits. Crypto ETF flows shifted from strong inflows to sustained outflows during recent market sessions. Institutional product innovation continues expanding Bitcoin access through

BTC0.32%

CryptoNewsLand·06-22 16:46

Bitcoin Dividend ETF Push Gains Momentum

Short-Term Investors Moved 80,000 BTC to Binance Amid Market Pullback

Short-term Bitcoin investors transferred over 80,000 BTC to Binance in the last seven days, according to data shared by CryptoQuant analyst Darkfost. At current prices, this represents approximately $5 billion in potential selling pressure amid a sharp market pullback. Bitcoin has lost over 28% of i

BTC0.32%

CryptoFrontier·06-22 16:43

Short-Term Investors Moved 80,000 BTC to Binance Amid Market Pullback

XRP Adoption Thesis Supports Long-Term Outlook

XRP broke out of its $1.20 range and has improved the market structure and momentum in the short time frame. Long term forecasts focus on institutional payments, tokenized assets and blockchain infrastructure. Stablecoins and CBDCs remain major competitors in the evolving digital payments

XRP0.13%

CryptoNewsLand·06-22 16:42

XRP Adoption Thesis Supports Long-Term Outlook

Short-Term Investors Transfer 80,000 BTC to Binance in 7 Days, Raising $5B Selling Pressure Concerns

According to CryptoQuant analyst Darkfost, short-term investors transferred over 80,000 BTC to Binance in the last seven days, representing approximately $5 billion in potential selling pressure. This marks the second-highest inflow level on record, following the 100,000+ BTC influx seen in

BTC0.32%

GateNews·06-22 16:42

Short-Term Investors Transfer 80,000 BTC to Binance in 7 Days, Raising $5B Selling Pressure Concerns

Litecoin Outlook Faces Pressure After $44 Rejection

Price Volatility

LTC retreated from a key Fibonacci extension, keeping short-term downside risks active across current market structure. Traders are monitoring support near $44 as momentum weakens and recovery attempts continue to face resistance. LitVM funding adds a long-term growth narrative despite ne

LTC0.99%

CryptoNewsLand·06-22 16:40

Litecoin Outlook Faces Pressure After $44 Rejection

Backpack Launches Tokenized Micron on Solana Ahead of Wednesday Earnings

Backpack Securities launched tokenized Micron stock ($MU) on Solana on Monday, ahead of the chipmaker's earnings report on Wednesday. Each MU token is backed 1:1 by real Micron shares held in custody by Backpack and is redeemable into traditional brokerage accounts. Unlike Nasdaq-listed MU shares, t

MU-0.08%

GateNews·06-22 16:38

Backpack Launches Tokenized Micron on Solana Ahead of Wednesday Earnings

Bitmine Adds 52,203 ETH, Total Holdings Reach 5.67 Million

Bitmine Immersion Technologies added 52,203 ETH over the past week, raising its total Ethereum holdings to 5.67 million ETH. Chairman Thomas "Tom" Lee maintained his view that the crypto market is entering an early recovery phase. The purchase was worth about $92 million based on ETH trading

ETH0.42%

BTC0.32%

CryptoFrontier·06-22 16:33

Bitmine Adds 52,203 ETH, Total Holdings Reach 5.67 Million

Bitcoin Price Target of $256,000 Proposed Based on Historical Doubling Pattern

Investor Fred Krueger proposed $256,000 as Bitcoin's next major price target based on the cryptocurrency's historical doubling pattern, according to analysis shared on X. Krueger's chart indicates Bitcoin reached $128,000 in October 2025, making $256,000 the next step in a mathematical sequence

BTC0.32%

DanielCarter·06-22 16:33

Bitcoin Price Target of $256,000 Proposed Based on Historical Doubling Pattern

Intercontinental Exchange and OKX Establish 50-50 Joint Venture for Tokenized Equities, Co-Chaired by Former Gov. Cuomo

According to a BusinessWire announcement on Monday, Intercontinental Exchange (ICE) and OKX established a 50-50 joint venture to develop next-generation infrastructure for tokenized and digitally native financial products. The joint venture, which is subject to regulatory approval, will be

GateNews·06-22 16:32

Intercontinental Exchange and OKX Establish 50-50 Joint Venture for Tokenized Equities, Co-Chaired by Former Gov. Cuomo

Morgan Stanley Files Ether and Solana ETFs at 0.14% Fees