Crypto Markets & On-Chain Ecosystem Developments

CASHCAT, a memecoin based on Robinhood Chain, surged approximately 3000% in one week. As of 11am on the 10th, CASHCAT traded at $0.1167 with a market capitalization of $116.78 million according to CoinMarketCap. The surge followed the Robinhood Chain mainnet launch on the 7th (local time), drawing i

According to CoinMarketCap, CASHCAT, a meme coin on the Robinhood blockchain, surged approximately 3,000% to $0.1167 on July 10, reaching a market cap of $116.78 million in just one week. The rally follows the launch of the Robinhood mainnet on July 7, which triggered investor inflows into early

According to Onchain Lens, the U.S. government transferred 4,036 ETH (approximately $7.22 million) from a BTC-e seized wallet to a new address early on July 11. BTC-e, a cryptocurrency exchange shut down by U.S. authorities in 2017, had been subject to government asset seizure due to its

According to Bloomberg, on July 10, the U.S. Office of the Comptroller of the Currency (OCC) approved Circle Internet Group's plan to establish Circle National Trust, a national digital currency trust bank for USDC custody and settlement. The approval grants Circle federal oversight under a single c

VanEck updated its Ethereum ETF registration to include fee waiver details, according to a filing with the U.S. Securities and Exchange Commission. The waiver structure is designed to make the fund more attractive at launch as issuers compete for first-mover capital flows in the spot Ethereum ETF ma

According to PANews citing SoSoValue data, the U.S. XRP spot ETF recorded net inflows of $107,400 on July 10 (ET). The 21Shares XRP ETF (TOXR) was the only product with inflows that day. As of reporting time, XRP spot ETF total assets under management stood at $997 million, with cumulative

According to The Block, SK Hynix's tokenized stock launched trading on Telegram's native wallet via xStocks on July 11, following the company's $26.5 billion U.S. listing. The stock rose over 13% on Friday under the Nasdaq ticker SKHYV, enabling users to trade directly within the messaging

According to The Block, the Cambridge Centre for Alternative Finance (CCAF) latest report on post-merge Ethereum reveals that approximately 31% of Ethereum node activity is located in the U.S., with 39% distributed across the EU (excluding the UK), showing a Western-centric concentration pattern. Th

According to SoSoValue, HYPE spot ETFs experienced total net outflows of $5.73 million on July 10. Bitwise Hyperliquid ETF (BHYP) led outflows with $3.78 million, while 21Shares Hyperliquid ETF (THYP) saw $1.95 million in redemptions on the

According to Bloomberg, the U.S. Department of Justice plans to dismiss charges against BitClub Network founder Matthew Goettsche, related to a $722 million cryptocurrency fraud scheme. Goettsche's legal team notified the court on July 8 that both sides reached a "principle agreement" to resolve the

Vitalik Buterin published new research on single slot finality for Ethereum, a proposal designed to reduce the time users wait for settlement confirmation on the base layer. The concept addresses one of Ethereum's core user-experience challenges by aiming to make transaction finality happen

According to Bloomberg, crypto bank Custodia Bank filed a petition with the U.S. Supreme Court on July 11 to review its case challenging the Federal Reserve's 2023 denial of access to its payment system. Custodia applied for a master account with the Kansas City Federal Reserve in 2020, but the Fed

According to CoinDesk, Meta Chief Data Officer Alex Schultz said on July 11 that agentic commerce will be the company's 'next level of business,' with over one million weekly active businesses currently using its commerce agents. Schultz emphasized that stablecoins will be a key payment layer in age

The U.S. Securities and Exchange Commission appointed Paul Knight as Chief Operating Officer, according to SEC press release 2026-67. The COO position focuses on agency operations, budgeting, management, and internal execution rather than direct crypto policy formulation. The appointment

Janggle researcher Kim Jun-seong identified the Federal Reserve's rate path and Middle East geopolitical risks as key variables affecting cryptocurrency markets this week. In a recent weekly research report, Janggle diagnosed that risk appetite in crypto markets remained constrained amid an

Four major Korean cryptocurrency exchanges — Upbit, Bithumb, Coinone, and Korbit — recorded significant price movements across 16 digital assets during the 23-hour period from July 10 at 9:00 AM to July 11 at 8:00 AM. PYR (Vulcan Forged) led all gainers with a 44.39% increase on Bithumb, closing at

Empery Digital disclosed on July 10 that it sold 1,400 Bitcoin for $87.1 million from May 7 to July 10, representing 48% of its Bitcoin holdings before the transaction. The company used $10 million from the sale to repay outstanding debt on July 7 and plans to fund a $65 million investment for a 25%

According to an SEC filing on July 10, Empery Digital (Nasdaq: EMPD) sold 1,400 Bitcoin for $87.1 million between May 7 and July 10, representing 48% of its Bitcoin holdings. The sales were executed at an average price of $62,200 per BTC. The company used $10 million from the sale proceeds to

Circle, the issuer of the USDC stablecoin, is accused of refusing to cooperate with law enforcement efforts to help scam victims recover stolen funds, according to a report by the International Consortium of Investigative Journalists (ICIJ). Unnamed law enforcement officials have raised alarms over

According to the International Consortium of Investigative Journalists (ICIJ), Circle, the issuer of USDC stablecoin, is allegedly refusing to cooperate with law enforcement in helping scam victims recover stolen assets. A Wisconsin county prosecutor recently filed a criminal complaint against Circl