Crypto Markets & On-Chain Ecosystem Developments

According to CryptoQuant analyst Gaah, Bitcoin's cycle momentum indicator remains below the neutral level of 0 currently, signaling the bear market phase has not yet ended. The indicator has dipped to around −30, a region historically associated with cycle bottoms and a key support level for Bitcoin

According to BlockBeats citing Farside Investors data, U.S. spot Bitcoin ETFs saw total net outflows of $68.3 million on June 22. BlackRock's IBIT led outflows at $172 million, while Grayscale's GBTC dropped $81 million. In contrast, Fidelity's FBTC and ARK 21Shares ARKB saw inflows of $57.4 million

Synthetix governance decided on June 23 to gradually retire sUSD based on the SIP-423 proposal, paying holders locked SNX at a ratio of 4 SNX for every 1 sUSD, converted. The proposal was put forward by Synthetix founder Kain Warwick and core contributor Benjamin Celermajer. Components of SIP-423: Holder snapshot, sUSD delisting, SIP-420 debt restructuring, SNX staking reform Under the SIP-423 proposal, the full plan consists of the following four parts: Holder snapshot: audit all sUSD balances

According to Eigen Labs, the distributed AI computing network Darkbloom went live on OpenRouter on June 23. The platform enables Mac users to contribute idle computing resources to the network. The initial models available include gpt-oss-20b and Gemma 4 26B, with computing power provided free to Op

According to SoSoValue data, Bitwise XRP ETF saw net inflows of $5.31 million on June 22. The fund's historical net inflows have reached $482 million as of the reporting date.

A group of central banks, international institutions, and financial firms contributed to a Global Layer One (GL1) white paper on programmable compliance for tokenized financial assets. Contributors include Banque de France, the International

According to the Global Layer One (GL1) initiative, major financial institutions published a white paper on June 22, 2026, outlining a programmable compliance framework for regulated tokenized assets. Contributors include the International Monetary Fund (IMF), Banque de France, JPMorgan's Kinexys bl

According to BlockBeats, on June 23, He Yi, Binance co-founder, stated on social media that Zhu Pan, operator of CoinUp, had previously impersonated others in an attempted fraud against her that was unsuccessful. He Yi further alleged that Zhu Pan also impersonated her to defraud Justin

Gate News, June 23, according to Gate market data, as of the time of writing, MAIGA (Maiga) is trading at $0.00565. It is up 27.35% over the past 24 hours, with a high of $0.00705 and a low of $0.00471. The 24-hour trading volume reached $1.74 million. The current market cap is approximately $1.582 million. Maiga.ai is an AI-driven decentralized finance (DeFi) and cryptocurrency trading platform that provides users with AI-powered trading assistants and market analysis tools. The platform combin

According to Binance's official announcement, the exchange will launch ARX USDT perpetual futures on June 23 at 12:45 Beijing time, supporting up to 20x leverage.

Forbes reported on June 23 that with just 11 days until the World Cup kicked off, major prediction markets have already accumulated betting volumes of tens of billions of dollars. Kalshi said on its own that the World Cup trading volume has reached $290 million (including parlay bets). According to insiders, since Polymarket launched its World Cup product in July last year, the cumulative trading volume for the World Cup has reached $250 million. Kalshi’s report: World Cup trading volume hits $2

Bitmine, Sharplink and Joe Lubin backed the launch of Ethlabs, a new Ethereum research and development nonprofit, on June 23. According to Sharplink, Ethlabs "exists to ensure the network is ready to absorb" the demand that institutions will place on Ethereum through stablecoins, tokenization and ar

According to Foresight News, Glassnode's altcoin cycle signal has entered the 'altcoin season' phase. After nearly two years of sustained selling, altcoin selling pressure has been largely exhausted. However,

According to Guru Club, Bitcoin surged above $64,000 on June 23, gaining 1.09% during the day's trading session.

On June 22, five former Ethereum Foundation (EF) researchers announced the founding of Ethlabs, an independent, non-profit R&D organization focused on research into Ethereum’s core protocol; Ansgar Dietrichs will serve as Executive Director. Funding sources include Joe Lubin, a co-founder of Ethereum, and Bitmine Immersion Technologies. Ethlabs’ Five Founding Members and Legal Structure According to Ethlabs’ official announcement, all five founding members are former Ethereum Foundation research

According to Lookonchain, on June 23, an address linked to Arthur Hayes (0xf7A4) withdrew 44,156 HYPE from Gate approximately one hour before reporting, with a value of around $2.93 million.

According to RootData data platform, BASED will unlock approximately 14 million tokens worth roughly $1.3 million on June 30 at 12:00 AM Beijing time.

According to BlockBeats, on June 23, Synthetix governance voted to retire sUSD under SIP-423, paying holders locked SNX at a 1:4 ratio. SNX tokens will be locked for one year from the freeze date, followed by one year of linear unlocking. The proposal was submitted by Synthetix founder Kain

According to the People's Bank of China, Deputy Governor Xuan Changneng stated that China's anti-money laundering work has entered a new phase of high-quality development with significant progress in combating money laundering and related illegal activities. In 2025, the number of criminal

On June 23, the Securities and Futures Commission (SFC) of Hong Kong announced that it had added Aurum/Aurum Foundation (Aurum Foundation) to the list of suspicious virtual asset trading platforms. The SFC said the company claims it has registered in Hong Kong under Hong Kong’s Companies Ordinance and offers trading services for virtual assets, futures contracts, and derivative instruments on its website, but the company has not been licensed by the SFC and is suspected of conducting unlicensed