Crypto Markets & On-Chain Ecosystem Developments

According to Odaily, five former Ethereum Foundation senior researchers recently launched Ethlabs, a nonprofit organization aimed at advancing Ethereum's next phase of growth and institutional adoption. The organization secured backing from Ethereum co-founder Joe Lubin and two major ETH treasury co

Between 22:15 and 22:30 UTC on June 22, 2026, ETH fell 0.66% within 15 minutes, dropping from 1,733.96 USDT to 1,718.09 USDT, with a 0.92% range. This move occurred during the window transitioning from the Asian trading session to the Europe/US session, where relatively thin liquidity amplified price swings. The main driver of this abnormal move is deleveraging in the futures market. According to data, Ether futures open interest declined from about $15 billion one month ago to $10.3 billion, a

Gate News bot message, Gate market data shows that BTC has fallen below 64,000 USDT, with the current price at 63,936.6 USDT.

Toss Bank, South Korea's third-largest internet-only bank, signed a memorandum of understanding with the Solana Foundation on June 19 in Seoul to test cross-border remittances using stablecoin technology. The partnership aims to provide faster and cheaper overseas transfers for the bank's

According to Bitcoin.com News, Toss Bank, South Korea's third-largest internet-only bank, signed a memorandum of understanding with the Solana Foundation on June 19 to test stablecoin-powered cross-border remittances. The proof of concept aims to enable faster and cheaper transfers for the bank's ro

Two Texas brothers pleaded guilty in a federal case involving the armed kidnapping of a Minnesota family and the theft of $8 million in cryptocurrency, according to the U.S. Department of Justice. Federal prosecutors said the defendants held victims at gunpoint and forced a cryptocurrency

According to Grayscale Investments' June 22 research note, bitcoin could narrow its performance gap with equities if the Federal Reserve refrains from raising interest rates. The Federal Reserve voted unanimously on June 17 to keep the federal funds rate at 3.5% to 3.75%. Since late February, U.S. e

MoonPay has acquired Entendre, an AI accounting startup that automates back-office operations for crypto and fintech companies. The platform handles reconciliations, treasury management, month-end closing, and journal entries across wallets, tokens, and blockchain chains. MoonPay CEO Ivan

According to Walter Bloomberg, the U.S. Treasury Department today issued a general license authorizing the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products until August 21. The license represents a temporary suspension of related sanctions and does not

Strategy's STRC preferred stock faced comparisons to Terra Luna's collapsed stablecoin after falling to record lows last week, but Benchmark-StoneX analyst Mark Palmer dismissed the parallel as fundamentally misguided in a Monday note. STRC dropped as low as $82.53 last week before recovering to

According to Benchmark-StoneX analyst Mark Palmer, Strategy's preferred stock STRC fell as low as $82.53 last week but recovered to $88.65 on Monday, trading 11.3% below its $100 par value. Palmer dismissed comparisons between STRC and Terra's collapsed ecosystem, arguing that STRC is not a

Franklin Templeton closed its acquisition of 250 Digital today (June 22) and launched a dedicated cryptocurrency division. The move reflects surging demand for tokenized assets, with the firm's onchain product suite growing from approximately $768 million to over $2.5 billion within the past

The National Power Administration of Paraguay (ANDE) secured a conviction on June 19 against two individuals for using stolen energy to mine bitcoin by bypassing metering systems and connecting directly to the power grid. A Paraguayan tribunal found Cristian Daniel Jara Villalba and Ramon

According to an announcement from the National Power Administration of Paraguay (ANDE) on June 19, a Paraguayan court convicted two Bitcoin miners, Cristian Daniel Jara Villalba and Ramon Martinez Morinigo, of energy theft. The court sentenced both men to two years in jail, though the execution of t

Baillie Gifford and BNY have launched the Baillie Gifford Enhanced Yield Fund (BAGEY), the first publicly available, fully native tokenised fund regulated in the United Kingdom. The fund runs on both Ethereum and Solana, with a minimum investment of $100 and a yield of approximately 7%, targeting el

According to CryptoQuant analysts, Bitcoin has not confirmed a market bottom as key technical indicators remain in negative territory. The Cycle Momentum indicator is currently at -30 points, below the neutral zone (0), indicating the bear market is still ongoing. Analyst Gaah noted that while -30 p