Crypto Markets & On-Chain Ecosystem Developments

According to Bitstamp and Bitcoin.com News, Bitcoin rebounded above $63,500 on July 6 after Strategy sold 3,588 bitcoins for $216 million between June 29 and July 5 to fund preferred stock dividends. The sale sparked a sharp drop to $61,246, liquidating $214 million in short bets across the crypto m

XRP posted over $86.1 million in spot trading volume on Upbit, South Korea's largest cryptocurrency exchange, exceeding Bitcoin's $36.4 million by more than 2.3 times during the same period. Market analyst Diana highlighted this milestone as a signal of strengthening demand for XRP in one of the

According to Bernstein, the research firm reaffirmed its $150,000 year-end Bitcoin price target on July 6, noting the current 54% market drawdown is significantly shallower than previous cycles. Bernstein argued that Bitcoin's correction remains well

According to Upbit data, XRP reached the top trading position on South Korea's largest cryptocurrency exchange on July 6, recording $86.1 million in spot trading volume, more than 2.37 times Bitcoin's $36.4 million activity during the same period. Ethereum recorded $30.4 million. Market analyst

Gate News: According to the latest Gate TradFi data, MUU (Direxion Daily MU Bull 2X Shares) has surged by 206% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Technical analyst Gareth Soloway, who has 24 years of experience in technical analysis, shared his price expectations for Bitcoin, Ethereum, and XRP following last week's recovery that turned into a decline. The downturn was triggered by sell-off news from Strategy, pushing Bitcoin below $62,000 and

According to technical analyst Gareth Soloway in his latest YouTube video, Bitcoin's short-term target sits in the $73,000 to $74,000 range, with support holding at $58,000 on a closing basis. For Ethereum, the analyst expects resistance at around $1,800, with potential upside toward $2,000. Gareth

The crypto market climbed 8.93% in the past week with net inflows totaling $152.46 billion, as the altcoin season index crossed the 53 mark—its highest level in three months, reached on June 3, 2026. The index measures capital flow into cryptocurrencies relative to Bitcoin, and the recent surge

Crypto exchange LBank published a user guide detailing how its Prediction Market feature operates, covering order types, margin usage, profit-and-loss calculations, and settlement rules for its Prediction Futures and Flash Futures products, according to Traders Union. The guide explicitly flags

According to Traders Union, LBank published a user guide detailing the risks of its Prediction Futures and Flash Futures products, covering order types, margin usage, profit-and-loss calculations, and settlement rules. Prediction Futures allow leveraged positions on specific event outcomes rather t

Tether has placed a ban on USDT transfers from all sanctioned TRON wallet addresses, and 134 crypto wallet identifiers were included in the OFAC sanctions. Chainalysis found TRON wallets that received more than $1.4 million and sent more than $880,000 in 2023. Blockchain analytics,

Reform UK leader Nigel Farage received staff, private security, and access to a central London property from George Cottrell, a convicted fraudster involved in an offshore crypto casino, without publicly disclosing the benefits, The Sunday Times reported on July 5. Cottrell provided drivers, securit

Summer Finance suffered a $6 million loss on Monday, July 6, 2026, when an attacker exploited a vulnerability in the Lazy Summer Protocol using a $65.4 million flash loan. The breach targeted the Fleet Commander contract's asset accounting logic, allowing the attacker to manipulate token

According to The Sunday Times on July 5, Reform UK leader Nigel Farage received staff, private security, and access to a five-storey central London property from George Cottrell, a convicted fraudster involved in the offshore crypto gambling site Tether.bet, without publicly disclosing these

According to Certik and Bitcoin.com, on July 6, 2026, Summer Finance's Lazy Summer Protocol suffered a $6 million loss from a $65.4 million flash loan attack. The attacker exploited a vulnerability in the Fleet Commander contract's asset accounting logic to artificially distort token value

Ondo tokenized U.S. securities on Ethereum while maintaining regulated custody and shareholder rights. The structure grants token holders voting and disclosures through Broadridge’s ProxyVote system. The model follows recent SEC guidance and could shape future on-chain securities

BNK Busan Bank and the K-STAR consortium completed a proof of concept for a blockchain-powered digital version of South Korea's local currency system, achieving a 100% transaction success rate and sub-one-second settlement processing, according to South Korean outlet Newsis. The trial tested the

According to Newsis, BNK Busan Bank and the K-STAR consortium have completed a proof of concept for a blockchain-powered digital won on the Kaia blockchain mainnet, achieving a 100% transaction success rate and sub-one-second settlement processing. The consortium comprised BNK Busan Bank, AhnLab

Visa's Onchain Analytics dashboard recorded stablecoin transaction volume reaching $1.79 trillion in June, marking the highest monthly total ever measured. The figure represented a 63% increase from May's $1.10 trillion and 125% year-over-year growth, driven by accelerating demand for

According to Nansen analysis, as of end of June 2026, 988,905 wallets that purchased the Official Trump (TRUMP) meme coin recorded losses, representing roughly two out of every three buyers. Their combined losses totaled $3.81 billion. The finding was first published by the New York Times. At the t