Crypto Markets & On-Chain Ecosystem Developments

On July 10, Bank of America Global Research lowered its price target for Coinbase from $218 to $203 per share.

According to ChainCatcher, an on-chain analyst detected that a major whale withdrew 9,883 ETH from Binance 8 hours ago, continuing its accumulation pattern in July. The whale has now accumulated a total of 44,459 ETH and 250

According to official announcements, Phantom wallet users are experiencing performance degradation in transfer and swap functions on July 12. The team is investigating the issue and will provide updates.

According to Hayden, the Uniswap founder, today the platform commands 99.5% of all decentralized exchange trading volume on Robinhood Chain.

According to BlockBeats, on July 12, Senate Republicans are targeting the week of July 20 to advance a vote on the CLARITY Act, legislation that would establish a regulatory framework for digital assets. The bill requires support from at least seven Democratic senators to pass. Bipartisan

According to CoinDesk, Bonzo Lend, a decentralized lending protocol on Hedera, suffered a US$9.05 million loss on July 11 due to an oracle verification flaw in third-party provider Supra. The Supra verifier accepted zeroed inputs and wrote a false SAUCE price on-chain, allowing an attacker to

According to the Fair Trade Commission statement, on July 9, Mirae Asset Consulting was approved to acquire a 92.06% stake in Cobit cryptocurrency exchange for approximately 133.4 billion won. The regulator found no significant risk of market competition restrictions, noting that Cobit holds

According to Bali Discovery, a 41-year-old Russian man was kidnapped in Bali on July 4 and held captive for approximately 30 hours before being forced to surrender his cryptocurrency account credentials. The man was intercepted while riding his motorcycle by two masked assailants in a black Nissan

According to PPP prediction market tool monitoring, in predict.fun's "World Cup Quarterfinal: Argentina vs Switzerland" prediction event, Argentina's win probability stands at 57%, with draws at 29% and Switzerland at 14%. The market reflects outcomes during regular match

Grayscale published research on July 9 identifying five blockchain networks positioned to support tokenized equity markets: Ethereum, Solana, BNB Chain, Avalanche, and Canton Network. Head of Research Zach Pandl outlined three phases of equity tokenization, with each phase benefiting different block

According to CoinDesk, Nasdaq-listed bitcoin treasury company Empery Digital sold 1,400 bitcoin at an average price of $62,200 each on July 11, generating approximately $87.1 million in gross proceeds to fund a 25% stake in an AI data center project. The company announced earlier in July it would ne

According to on-chain analyst Yu Jin, the LAB "whale" transferred 10.5 million LAB tokens (worth $9.15 million) to Aster on the evening of July 11, causing LAB to drop 37% in 11 hours to $0.56. Over two days, the whale moved 18.5 million LAB tokens (valued at $18.69 million), slashing the price in h

According to Dune, Robinhood Chain's daily decentralized exchange trading volume exceeded Solana's on July 12.

According to Bloomberg, Custodia Bank has petitioned the U.S. Supreme Court to review its case challenging the Federal Reserve's refusal to grant it access to the central bank's payment system. The crypto bank applied for a master account with the Kansas City Federal Reserve in 2020, but the Fed

Busan Digital Asset Exchange launched South Korea's first coffee green bean-based digital Real World Asset (RWA) product on the 12th via its Bdan trading platform. The product, named 'e-Coffee,' is backed by Brazilian Cerrado NY2 Arabica green beans and allows investors to trade from 0.1kg units,

According to Dailian, on July 12, Busan Digital Asset Exchange launched its first domestic RWA product backed by coffee beans through its Bdan platform. The 'e-Coffee' product, based on Brazil Cerrado NY2 Arabica coffee, is tradeable in units as small as 0.1 kg, with physical exchange available for

According to Grayscale's July 9 research, Ethereum, Solana, BNB Chain, Avalanche, and Canton Network are positioned to benefit from tokenized stocks as the sector evolves through three development stages. Third-party wrapped tokens currently represent over 70% of tokenized stock value, where

Gate News bot message: Gate market data shows BTC has broken through 64,000 USDT, with the current price at 64,006.8 USDT.

Strategy Inc. is repositioning its bitcoin holdings from an accumulation asset to collateral supporting STRC preferred stock, Standard Chartered's global head of digital assets research Geoffrey Kendrick