Cryptocurrency Markets and On-Chain Ecosystem Developments

Monetary Policy

The European Parliament's Committee on Economic and Monetary Affairs approved its position on the digital euro package with 43 votes in favor and 14 against, opening negotiations between the European Parliament and the Council of the EU. The vote advances the eurozone's push toward its first

CryptoFrontier·06-24 10:53

European Parliament Committee Approves Digital Euro Package With 43-14 Vote

Ripple CTO Emeritus: Tokenized Loans and Securities Will Drive XRP Ledger Growth

Project Progress

Partnerships & Ecosystem

Ripple CTO Emeritus David Schwartz identified tokenized loans, repurchase agreements, and securities as the XRP Ledger's primary growth opportunities during the XRP in One Minute segment. Schwartz stated that the network's expansion beyond payments into traditional financial market tokenization

XRP-0.09%

DanielCarter·06-24 10:52

Ripple CTO Emeritus: Tokenized Loans and Securities Will Drive XRP Ledger Growth

Hut 8 Investors Reach $2.35M Settlement Over Bitcoin Merger Claims

Enforcement Actions

Hut 8 investors reached a proposed $2.35 million settlement filed Monday in the U.S. District Court for the Southern District of New York. The settlement resolves securities claims related to the company's 2023 merger with US Bitcoin Corp., in which investors alleged Hut 8 overstated merger

HUT1.44%

BTC0.02%

EthanBrooks·06-24 10:43

Hut 8 Investors Reach $2.35M Settlement Over Bitcoin Merger Claims

Dogecoin Tests $0.0816 Support as Selling Pressure Builds Toward $0.0656

Dogecoin is testing a critical support zone at $0.0816 as selling pressure builds across multiple timeframes. The cryptocurrency is trading near $0.0794, slightly below the 2023 range point of control, while forming consecutive lower highs that signal weakening buyer strength. The repeated tests of

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DanielCarter·06-24 10:42

Dogecoin Tests $0.0816 Support as Selling Pressure Builds Toward $0.0656

Hut 8 Investors Reach $2.35M Settlement Over Bitcoin Merger Claims, Filed Monday

Enforcement Actions

According to The Energy Mag, Hut 8 investors reached a $2.35 million settlement over alleged disclosure failures related to the company's all-stock merger with U.S. Bitcoin Corp. (USBTC), with the proposed agreement filed Monday in U.S. District Court for the Southern District of New York. The settl

HUT1.44%

BTC0.02%

GateNews·06-24 10:42

Hut 8 Investors Reach $2.35M Settlement Over Bitcoin Merger Claims, Filed Monday

BlackRock Deposits 2,700 BTC and 52,956 ETH to Coinbase, Worth $257 Million

On-Chain Data

Capital Flow

According to Onchain Lens, BlackRock deposited 2,700 BTC (approximately $169 million) and 52,956 ETH (approximately $88.17 million) to Coinbase today (June 24), totaling about $257 million.

BTC0.02%

ETH-1.25%

GateNews·06-24 10:42

BlackRock Deposits 2,700 BTC and 52,956 ETH to Coinbase, Worth $257 Million

Fed Signals Rates to Stay Higher for Longer as Point Estimates Rise to 3.8%; Strategy Holdings Hit 4% of Bitcoin Supply

According to QCP Capital's June 24 market update, the Federal Reserve kept rates unchanged at 3.50%-3.75% but raised 2026 dot-plot estimates to 3.8%, strengthening the "higher for longer" policy signal. The central bank also lifted its 2026 inflation forecast to 3.6% from 2.7%, citing persistent

BTC0.02%

GateNews·06-24 10:41

Fed Signals Rates to Stay Higher for Longer as Point Estimates Rise to 3.8%; Strategy Holdings Hit 4% of Bitcoin Supply

Binance Futures Launches OUSDT Perpetual Contracts With 10x Leverage at 19:45 UTC+8

Derivatives Data

According to PANews, Binance Futures will launch USDT-margined OUSDT perpetual contracts on June 24 at 19:45 UTC+8, with a maximum leverage of 10x.

GateNews·06-24 10:34

Binance Futures Launches OUSDT Perpetual Contracts With 10x Leverage at 19:45 UTC+8

Farage Defends Undeclared £5M Gift From Tether Stakeholder Harborne

Reform UK leader Nigel Farage defended an undeclared £5 million ($6.7 million) gift from Tether stakeholder Christopher Harborne during broadcast interviews on Tuesday, calling it 'a purely private matter.' The Parliamentary Standards Commissioner is investigating whether Farage should have declared

BTC0.02%

EthanBrooks·06-24 10:33

Farage Defends Undeclared £5M Gift From Tether Stakeholder Harborne

Farage Defends Undeclared £5M Crypto Billionaire Gift, Says He Can Spend It 'On Ferraris'

According to BBC Radio 4 and LBC Radio, Reform UK leader Nigel Farage on Tuesday defended an undeclared £5 million ($6.7 million) gift from Tether stakeholder Christopher Harborne, calling it "a purely private matter" and stating he could spend it however he wished, including on luxury cars. The

GateNews·06-24 10:32

Farage Defends Undeclared £5M Crypto Billionaire Gift, Says He Can Spend It 'On Ferraris'

Standard Chartered Forecasts Aave Could Surge 50-Fold to $3,500 by 2030

Price Prediction

According to Cointelegraph, Standard Chartered forecasts Aave could surge 50-fold to $3,500 by 2030, citing expected growth in DeFi assets and on-chain tokenized finance as key drivers for the protocol's

AAVE-1.32%

GateNews·06-24 10:30

Standard Chartered Forecasts Aave Could Surge 50-Fold to $3,500 by 2030

U.S. Crypto Stocks Gain Pre-Market on June 24, PURR Up 2.58%

Price Volatility

According to BlockBeats, U.S. crypto-related stocks rose in pre-market trading on June 24. PURR, the treasury company HYPE, led gains with a 2.58% increase. Other gainers included MSTR up 0.88%, COIN up 0.77%, and CRCL up 0.98%.

PURR-0.59%

MSTR0.92%

COIN-1.02%

CRCL1.21%

GateNews·06-24 10:25

U.S. Crypto Stocks Gain Pre-Market on June 24, PURR Up 2.58%

Solana Reaches $68 Target, Enters Historic $50-$70 Accumulation Zone

Price Prediction

Solana reached its $68 downside target after failing to break above major resistance near $74, where the descending 200-period simple moving average added selling pressure. The drop pushed SOL below the $98.80 support level and into a long-term accumulation zone between $50 and $70, an area that pre

SOL-0.42%

DanielCarter·06-24 10:22

Solana Reaches $68 Target, Enters Historic $50-$70 Accumulation Zone

U.S. Senate Democrats Request Hearing on UAE's $500M Investment in Trump's World Liberty Financial

Enforcement Actions

According to CoinDesk, U.S. Senate Democrats called for a hearing today (June 24) to investigate whether the United Arab Emirates' $500 million investment in World Liberty Financial—a project linked to Donald Trump—influences U.S. foreign policy decisions toward Abu Dhabi. The inquiry will focus on

GateNews·06-24 10:20

U.S. Senate Democrats Request Hearing on UAE's $500M Investment in Trump's World Liberty Financial

Bitcoin's $467B Realized Market Cap Gain Failed to Drive Price Higher, CryptoQuant Founder Says

According to CryptoQuant founder Ki Young Ju, as reported by ChainCatcher, Strategy's current bitcoin purchases act more as a liquidity absorber than a price catalyst. Ki Young Ju pointed out that Bitcoin's realized market cap has grown by $467 billion over the past two years, yet the price

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GateNews·06-24 10:15

Bitcoin's $467B Realized Market Cap Gain Failed to Drive Price Higher, CryptoQuant Founder Says

Matrixdock's Tokenized Gold XAUm Expands to Stellar, SDF Commits Direct Investment

Partnerships & Ecosystem

On-Chain Data

According to ChainCatcher, Matrixdock announced that its tokenized gold XAUm has expanded to the Stellar network, with Stellar Development Foundation (SDF) committing direct investment as part of on-chain treasury diversification. XAUm is now among the world's top four tokenized gold products and

XAUUSD0.89%

XLM-1.27%

GateNews·06-24 10:10

Matrixdock's Tokenized Gold XAUm Expands to Stellar, SDF Commits Direct Investment

Barclays Sets $82 Target on Robinhood Despite Cathie Wood Holdings

Price Prediction

Capital Flow

Robinhood Markets (NASDAQ: HOOD) received a reiterated Buy rating from Barclays analyst Benjamin Budish on June 22, with a price target of $82 implying close to 20% downside from current trading levels, despite remaining a top holding in Cathie Wood's ARK funds. The analyst maintained his rating eve

HOOD-3.69%

CryptoFrontier·06-24 10:04

Barclays Sets $82 Target on Robinhood Despite Cathie Wood Holdings

Bitcoin Price Shows Conflicting Signals Between $57.5K and $71K Targets