Crypto Markets & On-Chain Ecosystem Developments

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

Bitcoin's network passed the 100,000-blocks-remaining milestone in May 2026, placing the fifth halving around April 2028 at block 1,050,000, when the block reward will drop from 3.125 BTC to 1.5625 BTC, reducing daily new supply to approximately 225 BTC from 450 BTC. U.S. spot Bitcoin ETFs, which h

Bitcoin spot ETFs posted net outflows of $226.8 million this week, extending their losing streak to six consecutive weeks, according to Galaxy Research data. Grayscale's GBTC was the largest contributor to the decline, losing $156.3 million, followed by Ark & 21Shares' ARKB with $50.1 million and

According to Solana Foundation announcement, peer-to-peer payments firm MoneyGram has joined the Solana network as an active validator and is entering the Solana Developer Platform (SDP), following Mastercard, Worldpay and Western Union. MoneyGram serves more than 60 million active customers

A Polymarket prediction contract asking whether Hibachi will launch a governance token by December 31, 2026, currently trades at a 72% 'Yes' probability. The contract, created on December 27, 2025, has attracted over $4,600 in volume across four time-bound outcomes, with the March 31, 2026,

Global crypto users reached 559 million by 2026, marking a 33% increase from 420 million in 2023, according to Paybis data. Asia-Pacific leads adoption with 37.6% of the global market, while BlackRock research found crypto achieved 300 million users in 12 years—approximately 20% faster than

Nansen, the blockchain analytics platform valued at $750 million in its December 2021 Series B, is the subject of a Polymarket prediction contract tracking whether it will launch a governance token by the end of 2026. The contract, created on December 27, 2025, has accumulated $4,663 in trading

According to Polymarket data, traders assign a 72% probability to Hibachi, a decentralized perpetual futures exchange, launching a governance token by December 31, 2026, while a March 31 deadline contract trades at just 2%. The prediction market contract, created December 27, 2025, reflects

According to disclosures, crypto-backed PACs spent more than $8 million on media on June 22 to support candidates in New York, Maryland, and Utah primaries. Some Maryland Democrats have called for candidates to reject outside spending from crypto

According to Coinglass data cited by ChainCatcher, the crypto market experienced $375 million in total liquidations in the past 24 hours, with long positions accounting for $203 million and short positions $172 million. Over the same period, 90,189 traders were liquidated across