Gate Insights and Crypto Market Analysis

Request Network Foundation announced on June 25th the release of one-click cross-chain mass payouts and expanded wallet screening capabilities through a partnership with Merkle Science. The updates enable users to execute stablecoin payments across six EVM chains and Tron from a single wallet, with

Crypto exchange CoinEx processed more than $3.84 billion in transactions linked to Iranian entities since 2019, according to a Wall Street Journal report citing blockchain analytics firm TRM Labs and public on-chain data. Investigators traced funds from wallets identified as controlled by the

SK Hynix perpetual futures trading volume on Hyperliquid surpassed that of SOL, SPCX, and SILVER products in a recent 24-hour period. The SKHYNIX perpetual futures recorded approximately $414.9 million in 24-hour trading volume, exceeding SOL's $399.79 million, SPCX's $340.6 million, and SILVER's $2

Black Lake Digital Markets and Nuva Labs completed the tokenization of $25 million in institutional residential mortgages on the Provenance blockchain. The assets will serve as collateral for a dedicated vault on NuvaFinance, a decentralized finance platform within the Provenance ecosystem. The

The Commodity Futures Trading Commission filed a complaint against Kentucky on June 23. The suit asks a federal court to bar the state from enforcing gambling laws and a new tax against federally regulated prediction markets. It is the ninth such suit the agency has brought since April and the

Standard Chartered initiated coverage of Aave with a $3,500 price target for its AAVE token by the end of 2030, according to a note published Wednesday by Geoff Kendrick, the bank's head of digital assets research. The target represents roughly 50 times the token's current price near $70. Kendrick t

Bitcoin miners are experiencing revenue declines as daily mining income has fallen to approximately US$30 million (AU$42.6 million) on a seven-day average basis. Bitcoin has traded below JPMorgan's estimated production cost of US$78,000 (AU$110,760) for five consecutive months, leaving roughly 20% o

Park Sang-hyuk, editor-in-chief of Digital Asset, stated on the 25th that Strategy, the world's largest Bitcoin holding company, and semiconductor-related stocks are dominating the cryptocurrency market. Speaking on SamproTV, Park explained that Strategy's perpetual preferred stock STRC fell

XRP Central Line historically separates accumulation zones from major expansion phases. Past cycles suggest 120% to 265% upside targets between $5.70 and $8. Strategy favors patience, buying lows, and taking profits above the Central Line. Many traders only pay attention after a

CryptoQuant analyst on June 23 posted on X the latest on-chain data showing that the 90-day average spending volume of Bitcoin long-term holders (OG investors) who have held coins for more than 5 years has dropped to 962 coins, breaking below the 1,000 coin mark, the lowest level since November 2024. The analyst said that this group of investors chose to continue holding rather than selling at Bitcoin's price level of around $62,500. CryptoQuant Data: OG Investors' 90-Day Average Selling Volume

On June 24, OpenAI officially released its first self-developed AI chip, Jalapeño, co-developed with Broadcom, positioned as an inference processor optimized for large language models (LLMs). The chip is manufactured by TSMC, while Celestica, a Canadian electronics manufacturer, builds the server systems. Broadcom CEO Hock Tan stated that the Jalapeño's performance is comparable to Nvidia's Blackwell. Jalapeño Technical Specs: 9-Month Tape-Out, Inference-Optimized Design, and Early Test Data Acc

Abracadabra, the decentralized finance lending protocol behind the Magic Internet Money (MIM) stablecoin, launched emergency measures after MIM fell more than 50% below its $1 peg. The protocol is raising interest rates across its lending markets to encourage borrowers to repay loans and reduce MIM's circulating supply. Crypto-backed stablecoins can face instability when liquidity dries up or large holders exit liquidity pools, despite being backed by excess collateral. Abracadabra Raises Intere

The U.S. Attorney's Office for the Eastern District of Michigan warned last week that government imposter scams cost victims $917 million in reported losses in 2025, with the Federal Trade Commission receiving more than 375,000 reports involving people posing as government agents. Scammers

Humanoid robot developer Agility Robotics announced on June 24 that it will go public through a merger with SPAC company Churchill Capital Corp XI, with a valuation of approximately $2.5 billion. The deal is expected to secure over $620 million in funding, including approximately $200 million raised from new and existing institutional investors. Its flagship product, Digit, has already been deployed in commercial settings. Digit Deployed in 9 Commercial Sites, Digit v5 Secures Over $300 Million

JPMorgan released a Korean equity strategy report on June 25, raising the 12-month target price for the Korea Composite Stock Price Index (KOSPI) across the board: base case 12,500 points, bull case 15,000 points, bear case 8,000 points, and maintained the highest rating of "Korea as Asia's preferred market," advising investors to "buy on dips and maintain maximum exposure to Korean stocks." JPMorgan KOSPI Targets: Base 12,500, Bull 15,000 JPMorgan's three target prices all exceed previous forec

Binance’s Head of Europe and UK, Gillian Lynch, told Reuters on June 24 that Binance will not exit the European market and is actively seeking alternative licensing pathways: “If not Greece, I am looking for other alternatives.” Binance has engaged with regulators in Greece, Ireland and Latvia, all of which encountered resistance; sources said the resistance was primarily due to Binance’s past money-laundering penalties, its complex international structure, and its risk-taking culture. Irish, La

Ethereum Layer 2 project Taiko published an update on the security incident on June 25: Taiko promises that no user funds will be lost due to this incident; currently, bridged assets are undercollateralized, and full recapitalization will be completed before bridging services resume, ensuring every user balance is 1:1 backed. Ledger CTO Reveals Attack Root Cause: File Accidentally Pushed to GitHub Public Repository Ledger CTO Charles Guillemet publicly explained the full chain of the attack: The