Cryptocurrency Markets and On-Chain Ecosystem Developments

Focuses on market developments across Bitcoin, Ethereum, and major digital assets, covering public blockchain ecosystems, DeFi, stablecoins, institutional participation, regulatory policies, and industry innovation to help readers understand key trends and shifts in the global cryptocurrency market.
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Immutable Cuts 29 Game Development Roles in AI Platform Pivot

Sydney-based blockchain gaming company Immutable removed 29 roles from its game development teams and will outsource the majority of work on its in-house titles as it pivots toward an AI-driven marketing platform. Co-founder James Ferguson said the shift reflects a broader move to extend Immutable's
GOG-1.02%
EthanBrooks·06-23 06:43
Immutable Cuts 29 Game Development Roles in AI Platform Pivot

BTC plunges 0.70% in 15 minutes: sell-off by whales combined with ETF outflows puts short-term price pressure

From 06:15 to 06:30 (UTC) on June 23, 2026, BTC fell by 0.70% within 15 minutes, with a price range of 62,572.5 to 63,280.1 USDT and a volatility of 1.12%. This move occurred amid an overall downtrend. Near-term sell pressure concentrated and was released, increasing market volatility. The main drivers behind this move are sustained net selling by on-chain whale(s) and ETF capital outflows. Based on data, whale addresses (holding 10–10,000 BTC) net sold 24,602 BTC in the first week of June 2026,
BTC-2.38%
GateNews·06-23 06:36
BTC plunges 0.70% in 15 minutes: sell-off by whales combined with ETF outflows puts short-term price pressure

Senate Passes Housing Bill with CBDC Ban Until 2030

The US Senate passed a major housing affordability bill that includes a ban on the Federal Reserve creating a central bank digital currency until 2030. The legislation received bipartisan support with an 85-5 vote. The CBDC provision prohibits the Federal Reserve from issuing a digital dollar for th
EthanBrooks·06-23 06:32
Senate Passes Housing Bill with CBDC Ban Until 2030

He Yi accuses “Zhu Pan” of repeatedly impersonating people for fraud; CoinUp issues a statement denying that the individual is a platform member

On June 23, Binance co-founder He Yi posted on X, saying that CoinUp operator Zhu Pan had impersonated someone else in an attempt to scam her, but the attempt failed. He Yi also said that Zhu Pan impersonated herself to scam Sun Yuchen. He Yi further said that Zhu Pan used AI-generated content to impersonate major families in mainland China and Hong Kong, as well as prominent crypto exchanges, to carry out fraud, and has remained actively active. On the same day, CoinUp released an official stat
MarketWhisper·06-23 05:30
He Yi accuses “Zhu Pan” of repeatedly impersonating people for fraud; CoinUp issues a statement denying that the individual is a platform member

From 83% to 5%, how is the market pricing the gap between Portugal and Uzbekistan?

At 1:00 a.m. on June 24, 2026, in the second round of the World Cup Group K group stage, a seemingly lopsided matchup is set to take place—Portugal vs. Uzbekistan. As of June 23, 2026, Gate’s prediction market data shows that the current market has priced in an 83% probability of Portugal winning, a 13% probability of a draw, and only a 5% probability of Uzbekistan winning. Behind these numbers lies the market’s multidimensional pricing of the two teams. In the
GateInstantTrends·06-23 05:22
From 83% to 5%, how is the market pricing the gap between Portugal and Uzbekistan?