Crypto Markets & On-Chain Ecosystem Developments

Former Ethereum Foundation researchers launched Ethlabs, a nonprofit backed by Ethereum co-founder Joe Lubin and the two largest ETH treasury firms Bitmine Immersion Technologies and SharpLink, according to a statement released Monday. The organization aims to prepare the Ethereum network for

According to a statement on June 22, former Ethereum Foundation researchers launched Ethlabs, a nonprofit backed by Ethereum co-founder Joe Lubin and the two largest ETH treasury firms Bitmine Immersion Technologies and SharpLink, to prepare Ethereum for institutional adoption at scale. Five former

Altura has begun winding down its stablecoin yield vault after processing more than 8.5 million USDT in redemptions, according to reports and public statements from CEO Ranveer Arora. The withdrawal pressure followed market panic around MainStreet's msUSD losing its peg, though reports indicate Altu

According to Crypto.news and CEO Ranveer Arora's public statements, Altura has begun winding down its stablecoin yield vault after processing over 8.5 million USDT in redemptions triggered by market panic around MainStreet's msUSD depeg. Although Altura had no direct exposure to msUSD, the

MoonPay acquired Entendre, an AI accounting startup, according to an announcement on Monday. The acquisition expands MoonPay's infrastructure into the financial operations layer. Entendre builds AI accounting agents that automate finance operation workflows, including reconciliations, treasury

A Pew Research Center survey of 8,512 U.S. adults found that 22% of Republicans and Republican-leaning independents have invested in, traded, or used cryptocurrencies, compared with 17% of Democrats and Democratic leaners, marking a partisan divide in digital asset adoption. The gap emerged as Repub

Kucoin announced on June 22 the expansion of its digital payment system into Argentina and Peru, integrating cryptocurrency and stablecoins directly into regional QR-code payment networks. The move addresses inflation and limited banking access in South America, where consumers have shifted toward m

According to Kalshi prediction market, traders are pricing an 80% probability that Bitcoin remains below $100,000 through the end of 2026, with only 19% odds assigned to the cryptocurrency crossing that level before January 1, 2027, as of June 22. Bitcoin is trading near $64,600, roughly 50% below

According to Kucoin's announcement on June 22, the cryptocurrency platform expanded its payment system into Argentina and Peru, integrating stablecoins and crypto directly into existing QR-code payment networks. Kucoin Pay will connect to Argentina's government-regulated Transferencias 3.0 system, which mandates interoperable QR codes allowing consumers to pay with competing digital wallets including Mercado Pago. In Peru, the integration links to Yape and Plin, two mobile payment applications t

Strategy purchased 520 Bitcoin for $35 million and increased its USD reserve by $300 million to $1.4 billion, according to a post on X by Michael Saylor. The company's total Bitcoin holdings now stand at 847,363 BTC. Strategy stated the USD reserve increase was intended to shore up the credit

According to a post from Michael Saylor on X, MicroStrategy announced over the weekend that it acquired an additional 520 Bitcoin for $35 million, bringing its total holdings to 847,363 BTC. The company also increased its USD reserve by $300 million to $1.4 billion to strengthen the credit quality o

Three major crypto industry groups—the Blockchain Association, Crypto Council for Innovation, and Digital Chamber—pressed Congress this week to quickly pass the Tax Clarity for Mining and Staking Act. In a letter sent to House Ways and Means Committee leaders, the groups urged lawmakers not to

Uniswap active addresses reached a four-month peak, showing stronger user participation across the network. Whale transactions above $100,000 hit a seven-month high during June activity growth. Network metrics strengthened while UNI traded near $7.80 during recent sessions. Uniswap netwo

Bitcoin climbed above $65,000 during the last week of June as U.S.-Iran peace talks in Switzerland eased global market anxieties and lifted risk appetite. The cryptocurrency reached an intraday high of $65,555 shortly after 7 a.m. EDT on Monday, recovering from a late Sunday low of $63,197. The

Bitcoin climbed to an intraday high of $65,555 on Sunday morning as U.S.-Iran peace negotiations eased global market anxieties and lifted risk appetite. After hitting a low of $63,197 late Sunday, the cryptocurrency recovered above $64,000 by midnight and rallied past $65,000 by 7 a.m. EDT. At the t

TAO holds above a reclaimed resistance zone after a high-volume breakout, keeping the broader bullish structure intact. Bittensor’s price is trading around $269, up 24.75% in the past week, creating a new trading range above previous resistance. Support near $260 continues to draw in

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

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

Securitize filed a lawsuit in the U.S. District Court for the District of Delaware on Monday, asking the court to declare it does not infringe on patents held by tZERO. The legal action responds to a cease-and-desist letter from tZERO alleging that Securitize's DS Protocol and Vault Registrar