Crypto Markets & On-Chain Ecosystem Developments

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

Bitcoin ETFs recorded a record $6.35 billion outflow despite stable holder participation levels. Holder counts remained near 2.91K, suggesting limited investor departures during withdrawals. Bitcoin maintained resilience as institutional flows weakened across recent trading periods. Bitc

Over $241 million in tokens will enter circulation between June 22 and June 28 across multiple crypto sectors. Humanity Protocol and GRAM account for the two largest scheduled releases, totaling more than $120 million. Newton records the largest supply increase percentage, with 14% of tok

According to Coinglass data, if Ethereum breaks $1,653, cumulative short liquidations on major centralized exchanges could reach $485 million. Conversely, if ETH drops below $1,497, cumulative long liquidations would total $194 million.

According to Coinglass, Binance received net inflows of 49.71 million USDT in the past hour.

JPMorgan raised its 2026 year-end target for the S&P 500 to 7,800, up from a previous forecast of 7,600, implying about 6% upside from the index's recent close near 7,365.46. The firm cited artificial intelligence spending, stronger earnings revisions, and improved geopolitical conditions as