Crypto Markets & On-Chain Ecosystem Developments

According to HTX, Ethereum broke above $1,800 on July 7, up 1.4% in 24 hours.

Gate News bot message, Gate market data shows ETH has dropped below 1800 USDT, currently at 1799.71 USDT.

July 6, 2026, 15:00-16:00 UTC: BTC price slightly rebounded, achieving a +0.70% return, with prices ranging from 62043.9 to 62585.5 USDT and a volatility of 0.87%. This period was early in the Asian trading session, with relatively thin liquidity; price fluctuations were limited but market attention noticeably heated up. The main driver of this unusual movement was a technical rebound. After the price pulled back approximately 19% from its June high, it approached the key technical support zone

During the period from 15:00 to 16:00 UTC on July 6, 2026, the price of ETH rose from 1,751.32 USDT to 1,766.65 USDT, achieving a +0.68% return within one hour, with an amplitude of 0.88%. Against the backdrop of a 6% overall decline in June, this short-term rebound marks a temporary halt in the market decline. The main driving force behind this anomaly is the short squeeze effect in the derivatives market. Data shows that on July 3, 2026, 89.38% of ETH futures liquidations were short positions

President Donald Trump called cryptocurrency powerful during the launch of Trump investment accounts on Monday, while attempting to distance himself from his family's crypto ventures. Trump described himself as a big crypto guy, citing political considerations and business observations about

July 6, 2026, 15:45-16:00 UTC, ETH rose 0.62% in 15 minutes, with a price range of 1,771.55-1,788.96 USDT and a fluctuation of 0.98%. The closing price for the day was $1,783.45, rebounding about 13.6% from the low of 1,569.94 on July 1. The market is in a technical repair phase above the key support area, with limited volatility but gradually increasing trading volume. The main driver of this move is a technical oversold bounce. After ETH tested the low of 1,569.94 on July 1, near the key suppo

According to CoinMarketCap, today PYTH surged 16.98% to $0.04619, leading gains among top-100 cryptocurrencies, while M dropped 20.26% to $1.15, posting the steepest decline. DEXE gained 13.16% ($27.65), LIT rose 8.66% ($2.66), and AAVE climbed 8.05% ($96.17). Among decliners, BEAT

According to PPP prediction market tool, a whale address with cumulative profits exceeding $1.5 million has recently purchased $200,000 in prediction contracts betting on Spain's victory against Portugal in the World Cup 1/8 final on Polymarket. The address (0x85f031d069de300055900c4055c1baeb6bde3f6

According to Coinglass, over $74.5 million in positions were liquidated across crypto markets in the past hour, with Bitcoin accounting for $45.65 million and Ethereum $22.07 million. Short positions accounted for $71.85 million of total

According to crypto researcher SMQKE, Ripple has launched a major advertising campaign in Washington, D.C.'s Union Station, one of the busiest transit hubs in the United States, with messaging focused on "It's happening with Ripple" and "More certainty for crypto." As part of its participation in A

Busha and Women in DeFi launched a strategic partnership on July 6 during the Women in DeFi Summit 2026 in Lagos, with five young women receiving laptop scholarships to support their education and careers in Web3 and digital finance across Africa. The collaboration aims to address Africa's

The EU's MiCA transitional period for euro stablecoins closed on 30 June 2026, setting a hard compliance deadline. Following this closure, only eight euro stablecoins met MiCA compliance requirements, yet their combined market capitalisation surged 128.0% from $295.6 million to $673.9 million over t

On June 30, 2026, the European Union's MiCA transitional period ended, making any crypto-asset service provider operating without a licence subject to EU law violations, as confirmed by ESMA on June 23. The shift drove immediate market consolidation: eight euro stablecoins now meet MiCA compliance r

Sberbank, Russia's largest bank by assets, plans to launch a cryptocurrency wallet and digital asset depository by Dec. 1 following the expected enactment of the country's digital asset law on Sept. 1. First Deputy Chairman Kirill Tsarev said the bank aims to integrate the crypto wallet into its

According to RBC reported Monday, Sberbank, Russia's largest bank by assets, targets launching a cryptocurrency wallet and digital asset depository by early December following the expected enactment of the country's digital asset law on September 1. First Deputy Chairman Kirill Tsarev said Sber

According to Bitget market data, U.S. crypto-related stocks showed mixed movement over the past 24 hours. TeraWulf (WULF) led gains with a 10.18% increase, while Microstrategy (MSTR) posted the largest decline at 10.12%. Other gainers included Iris Energy (IREN)

Spot bitcoin exchange-traded funds recorded $5.4 billion in net outflows during the first half of 2026, marking their first negative half-year performance since launch, according to analysis by DWF Labs. The reversal ended a two-year accumulation streak during which cumulative net flows had

Endl launched on Product Hunt on July 06, 2026, where it ranked first among featured products. The platform offers a unified financial interface for borderless businesses, consolidating fiat accounts, stablecoins, contractor payouts, foreign exchange, and corporate cards into a single dashboard. The

According to DWF Labs analysis, spot bitcoin ETFs recorded $5.4 billion in net outflows during the first half of 2026, marking their first negative half-year since launch. BlackRock's IBIT contributed $5 billion of those outflows across May and June alone. Ether ETFs also ended H1 2026 in negative

Crédit Agricole launched EURXT, a euro-backed stablecoin compliant with the EU's MiCA framework, with 20 million tokens in circulation. The MiCA regulation is now fully in force, requiring crypto firms to obtain a license across the bloc, while Ethereum Institutional launched as a nonprofit backed by Joseph Lubin to help institutions adopt Ethereum. Industry leaders say MiCA strengthens transparency and investor protection in Europe's digital asset market. Crédit Agricole Launches EURXT Stableco