Crypto Markets & On-Chain Ecosystem Developments

According to JP Morgan Chase, on July 15, Circle and Coinbase face profitability pressure amid intensifying stablecoin revenue competition, particularly following their recent contracts with HyperLiquid. JP Morgan assessed that both companies are confronted with a 'Prisoner's Dilemma' scenario. Coin

XRP reached an all-time high of $3.65 on July 18, one year ago, before entering a prolonged correction that has tested investor conviction. Market analyst ChartNerd stated that this pullback follows XRP's historical pattern of suffering more than 70% corrections after previous market tops, which

One year ago on July 18, XRP hit its all-time high of $3.65, according to CoinCodex data. The asset is now trading at $1.10 after months of correction. Despite the pullback, spot XRP ETFs have accumulated nearly $1.5 billion in inflows, underscoring continued confidence from institutional

According to The Block, U.S. regulators including the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), Treasury Department, and Federal Reserve missed the GENIUS Act's one-year rulemaking deadline today

Brian Armstrong, CEO of Coinbase, emphasized that self-custody is essential for scaling cryptocurrency adoption to the next billion users globally. Armstrong stated that while the Coinbase app worked well in developed countries, the U.S. represents only 4% of the global population, and self-custody

Binance completed its 36th quarterly BNB burn, permanently removing 1,615,827.795 BNB from circulation in one of the largest scheduled supply reductions for the token to date. The burn destroyed tokens valued at approximately $931.7 million at the time of the event, sent to the BNB Chain dead

According to BNB Chain, Binance completed its 36th quarterly BNB burn, removing 1,615,827.795 BNB worth $931.7 million. The tokens were sent to the BNB Chain dead address through the network's Auto-Burn mechanism, continuing the exchange's long-running plan to reduce total BNB supply over time. The

Symbiosis Finance launched private USDT swaps and transfers involving TRON, adding a privacy layer to one of crypto's most widely used stablecoin networks. The implementation operates at the dApp level rather than as a native TRON protocol change, using non-custodial MPC routing and Threshold

According to Symbiosis Finance documentation, the protocol has launched private USDT swaps and transfers on TRON network. The feature is implemented at the dApp layer rather than as a native TRON protocol change, utilizing non-custodial MPC (multi-party computation) routing and Threshold Signature S

ECB executive board member Piero Cipollone warned Friday that stablecoin adoption could drain retail deposits from European banks, compounding losses already incurred through mobile payment fees and transaction data. The warning came as the ECB named 36 payment service providers for a digital euro p

The US Treasury Department's Office of Foreign Assets Control (OFAC) added TRON wallet addresses linked to Iran to its sanctions list, resulting in $131 million in USDT frozen across the designated wallets. The enforcement action targets Iranian-linked cryptocurrency holdings on the TRON network,

Chainlink Labs executive Andrew McCormick framed the CLARITY Act as a major potential unlock for institutional crypto adoption. McCormick argued that clearer rules could help break the compliance deadlock that has kept larger financial players cautious around digital assets. The Act aims to

According to US Treasury OFAC, on July 14, the agency added TRON wallet addresses linked to Iran to its sanctions list, resulting in $131 million in USDT being frozen. The action highlights how stablecoin issuers can enforce sanctions even when assets move on public blockchains, demonstrating that d

Cardano developer Input Output is transferring control of key blockchain infrastructure to outside teams, with the process beginning in August and continuing into 2027. The handover covers the Cardano Haskell node, Plutus smart-contract platform, Daedalus wallet, Hydra scaling technology, and develo

Input Output announced it will transfer control of Cardano's core blockchain infrastructure to external development teams, beginning in August and continuing into 2027. The handover covers the Cardano Haskell node, Plutus smart-contract platform, Daedalus wallet, Hydra scaling technology, and develo

The stablecoin market recorded a $12.4 billion outflow over a 62-day period from May 17 to Jul 18, 2026, according to Defillama data released Saturday. The sector lost $1.5 billion in value since Jul 11 alone, marking the largest contraction in over four years. Tether's USDT maintained a $184.055 bi

According to defillama.com data as of July 18, 2026, the stablecoin market lost $12.4 billion over the past 62 days since May 17, marking the largest sector contraction since 2022. Tether's USDT held steady at $184.055 billion market cap with a 0.06% weekly decline, while Circle's USDC remained at $

Input Output announced Friday it will transfer control of Cardano's core infrastructure—the Haskell node, Plutus platform, Daedalus wallet, and Hydra scaling tool—to external specialist firms beginning in August, with the full transition running through 2027. Se7en Labs and Teragone, along with

Bitcoin Japan announced its board approved a financing package with Cayman Islands-based EVO Fund that could raise an estimated 9.66 billion yen ($59.5 million) in net proceeds, according to a shareholder Q&A published on the company's website. The package, disclosed Thursday, includes 662 million y