Crypto Markets & On-Chain Ecosystem Developments

Jason Oxman, CEO of the Electronic Transactions Association (ETA), which represents payment giants such as Visa, MasterCard, Amazon, and PayPal, said in an interview with CoinDesk that the traditional electronic payments industry is seeing Bitcoin’s disruptive potential, and collaboration with startups will only increase. Oxman said ETA’s role is to facilitate electronic transactions, which will be adopted in whatever form customers or merchants consider most suitable. BitPay became the first Bi

According to CryptoQuant analyst Darkfost, reported by ChainCatcher, short-term holder cost basis has fallen below long-term holder cost basis, a signal suggesting the bear market may be entering its final phase. The metric recently reached $69,000, down from $112,500. Darkfost clarified that this s

According to Hyperinsight monitoring, ZHIPU dropped sharply over 17% on Hyperliquid on July 20, hitting a low of $120.7 within one hour before Hong Kong market open, with declines extending into the afternoon session. A major whale (starting with 0xddb) holding 7,300 contracts in 10x leveraged

Gate News, July 20, according to Gate行情 data: as of the time of writing, BANK (Black Flag DAO) is trading at $0.23. Within the past 24 hours, it has risen 109.42%, with a high of $0.24 and a low of $0.09. The 24-hour Filled Amount is $18.0096 million. Current market cap is approximately $98.0116 million. Lorenzo Protocol is an institutional-grade asset management platform committed to building the financial services infrastructure needed for on-chain investment products—an essential foundation f

According to blockchain analyst Ai Yi's monitoring via Polymarket data, user yamal19 won $1.135 million by betting on Spain to win the World Cup final against Argentina on July 20.

According to Coinglass data cited by ChainCatcher, the crypto derivatives market saw $116 million in liquidations over the past 24 hours. Long positions accounted for $52.92 million in losses, while short positions saw $62.71 million

Allbridge Core, a cross-chain stablecoin bridge, paused its protocol on Sunday after a security incident that drained $1.65 million. The attack targeted Allbridge Core's Solana deployment, with the attacker using a flash loan manipulation technique to exploit stablecoin pool exchange rates. This inc

According to Hyperinsight monitoring, SK Hynix (SKHX) on Hyperliquid surged to $1,270.1 early today, up 8.7% from the opening price of $1,168.1. The asset retreated sharply to $1,185.3 by 9:55 AM UTC, down 6.7% from the intraday

Following Moonshot AI's release of Kimi K3 on July 16, market expectations for Anthropic's year-end IPO valuation hitting $1.5 trillion declined to 67%, down 11 percentage points, according to prediction platform Polymarket. The next-generation model features 2.8 trillion parameters and 1 million to

According to Coindesk, one year after the U.S. GENIUS Act took effect, USDT faces approximately two years to comply with new stablecoin regulations. The law requires stablecoin issuers to maintain full reserves primarily in cash and U.S. Treasury securities. Tether's latest reserve disclosure

The Korea Financial Supervisory Service (FSS) has recently served Dunamu, the operator of Upbit, with an “inspection opinion letter,” formally starting the administrative penalty process. This comes nearly 8 months after the incident and about 7 months after the FSS launched an on-site inspection. The FSS is assessing whether Dunamu violated the “Virtual Asset User Protection Act,” but the law currently does not include direct penalty provisions for hacker attacks or system accidents, leaving th

According to BlockBeats, Hyperliquid's SKHX (SK Hynix) experienced sharp volatility on July 20, opening at $1,168.1 and surging to $1,270.1 within 30 minutes before collapsing to $1,185.3 by 9:55 AM—a 6.7% decline from peak. Three whales established long positions totaling 11,620.674 contracts

According to SoSoValue data, the tracked XRP spot ETF recorded a net inflow of $6.78 million over five trading days as of July 18, bringing the cumulative net inflow total back up to nearly $1.5 billion, a new all-time high. However, the entire $6.78 million inflow was concentrated entirely on July 16, and the other four trading days showed no reported trading activity; over the past 10 trading days, net inflows were zero for seven days. XRP ETF Posts $6.78 Million Net Inflow This Week (Source:

According to PANews citing SoSoValue data, on July 20, crypto market sectors declined while the Meme sector advanced 0.56% in 24 hours. PEPE rose 4.38%, PUMP increased 22.76%, and B climbed 31.65%. Meanwhile, Bitcoin fell 0.25% to above $64,000; Ethereum gained 0.52%, trading around $1,800. Other s

Sports betting analytics firm H2 Gambling Capital’s latest estimate says that during the first month of the 2026 World Cup, prediction market activity accounted for 27% of all legal sports betting volume in the United States—up from just 9% earlier this year. When converted into a growth multiple, that share expanded by more than 3x within just a few months. The U.S. sports betting market reached total handle of about $34 billion in 2025. H2 Gambling Capital: Inflow to prediction market platform

U.S. regulators failed to finalize rulemaking within the one-year deadline set by the Guidance and Establishing New Innovation for U.S. Stablecoins Act (GENIUS Act); the GENIUS Act’s one-year deadline falls around July 19. According to a rulemaking tracker involving the U.S. Department of the Treasury, the Office of the Comptroller of the Currency, the FDIC, and the Federal Reserve Board issuing proposed rules and collecting public comments, none of them completed the final rules by the deadline

According to Odaily, as of July 19, Pons reached 58,000 daily active addresses, while NOXA and Flap recorded approximately 28,000 and 14,600 respectively.

Gate News: According to the latest Gate TradFi data, XUNCE (XUNCE 03317.HK) has surged by 18% in a short period. Current volatility is significantly higher than recent averages, indicating increased market