Gate Insights and Crypto Market Analysis

Loopring announces permanent shutdown of DEX and relayer, assets directly sent to users' L1 wallets, Gas fees covered by Loopring. Reasons for shutdown include insufficient market adoption, architecture lacking composability and virtual machines, LRC delisting, and the full compatibility of zkEVM with Ethereum contracts making it obsolete. Refund process: first publish final balance list, batch distribution after two-week verification; AMM positions automatically converted to underlying tokens, accounts under $10 not included in distribution, users do not need any on-chain operations.

Bitcoin (BTC) briefly traded at $59,482 on June 29, failing to reclaim the $60,000 mark. Axios cited senior U.S. officials saying that the U.S. and Iran have agreed to stop attacking each other, with both sides planning to hold talks in Qatar's capital on Tuesday, focusing on the Hormuz Strait dispute, but the ceasefire agreement has already faced a crisis within less than 11 days. Root Cause of the U.S.-Iran Ceasefire Crisis: Divergent Interpretations of the MOU and Disputes over Hormuz Strait

Ripple CEO Brad Garlinghouse discussed XRP's role in institutional payment infrastructure during a June 26 CNBC interview, positioning the digital asset as a key component in the company's strategy to integrate blockchain technology into $16 trillion in annual payments and clearing activity. Garling

The Hang Seng Index extended its decline for a sixth consecutive week starting May 15, hitting 22518 points on June 26 — the lowest level since May 7 of the previous year — before closing at 22671, down 405 points for the day and 1253 points or 5.23% for the week. The index broke through multiple te

Ripple sent a branded truck through Washington, D.C., on June 25 to promote the CLARITY Act as Congress continued work on digital asset market rules. The campaign, announced by Lauren Belive, Ripple's global co-head of public policy and government, aimed to place the company's policy argument

The Bank for International Settlements released its Annual Economic Report 2026 at its yearly general meeting in Basel, Switzerland, arguing that stablecoins do not measure up as money. The report chapter titled 'Anchoring trust in money: innovation beyond stablecoins' judges current dollar-pegged t

Coinbase CEO Brian Armstrong stated on 上週五 (26日) that the cryptocurrency exchange has set Chinese open-source AI models GLM 5.2 and Kimi 2.7 as the default large language models for internal engineers. Armstrong reported that Coinbase cut AI spending by nearly half through routing optimization and c

Securitize, a BlackRock-backed tokenization firm, expects to begin trading on the New York Stock Exchange next week under the ticker symbol SECZ following the completion of a merger with a Cantor Fitzgerald-backed blank-check company. The transaction advanced this week when investors owning less

ETH is close to a crucial monthly support level, with traders keeping a close eye on the price of $1,750.  If Ethereum breaks below key support, there is potential for deeper downside before renewed demand returns. Buyers have been coming in after a steep pullback in the middle of the

ETH is close to a crucial monthly support level, with traders keeping a close eye on the price of $1,750.  If Ethereum breaks below key support, there is potential for deeper downside before renewed demand returns. Buyers have been coming in after a steep pullback in the middle of the

Manuel Adorni resigned as Cabinet Chief of Argentina's government after facing an illicit enrichment probe over more than $500,000 in undisclosed funds. Adorni claimed the funds came from investing $200,000 in Bitcoin in 2013 and earning $300,000 in profits, which he began liquidating in 2018

SUI is consolidating near its local macro support floor while facing overhead moving-average resistance across daily and weekly timeframes. The technical setup reflects a market environment characterized by thinner liquidity and fragile Bitcoin direction, with traders focusing on flows, wallet

Ethereum futures positioning remained largely unchanged despite recent volatility and declining prices across key trading sessions. Market participants showed limited conviction as open interest stayed stable throughout June’s trading range. Long-term valuation metrics indicate

Sui Network partnered with Token Terminal to integrate financial data and on-chain analytics into institutional research workflows. The collaboration aims to make Sui network data easier to analyze for professional users by providing institutional-grade visibility through enhanced on-chain data

Ethereum futures positioning remained largely unchanged despite recent volatility and declining prices across key trading sessions. Market participants showed limited conviction as open interest stayed stable throughout June’s trading range. Long-term valuation metrics indicate

Crypto Upgrades are shifting investor attention toward execution and network performance. Ethereum, Solana, Hyperliquid, and Sui are preparing major infrastructure improvements. Developer growth, liquidity expansion, and user adoption remain central market themes. Crypto Upgrades are

Crypto Upgrades are shifting investor attention toward execution and network performance. Ethereum, Solana, Hyperliquid, and Sui are preparing major infrastructure improvements. Developer growth, liquidity expansion, and user adoption remain central market themes. Crypto Upgrades are

Revenue-generating protocols are increasingly replacing liquidity mining as DeFi matures beyond incentive-driven growth models Large token emission is not needed to attract users to lending, trading, staking and stablecoin platforms. Protocol sustainability now depends more on organic

SecondFi completed a forensic review after a Cardano wallet exploit drained approximately $2.4 million in ADA. The platform took a balance snapshot and outlined a recovery plan to return assets within two weeks. The incident is characterized as a wallet-level vulnerability rather than a failure of t