Crypto Markets & On-Chain Ecosystem Developments

According to Onchain Lens, Erik Voorhees' associated address staked 341,690 VVV tokens valued at $3.98 million on July 10. The staking position was increased nine hours after claiming 3,630 VVV in staking rewards worth $42,320.

According to The Guardian, UK Labour MPs plan to propose four amendments to the People's Representitives Bill next week, aimed at tightening political funding reforms. The amendments include permanently banning cryptocurrency donations, lowering campaign spending caps from £34

According to Bloomberg, Polymarket filed for futures commission merchant (FCM) status with the U.S. National Futures Association on July 3 via subsidiary Coming Home GBA LLC. The filing would enable the prediction market platform to offer margin trading, allowing users to participate in event bets w

According to Bloomberg, on July 10, Polymarket submitted a futures commission merchant (FCM) application with the U.S. National Futures Association to offer margin trading, enabling users to participate in predictions with less upfront capital. The platform's affiliate, Coming Home GBA LLC, filed th

U.S. Senator Ron Wyden sent a letter on July 8 to Senate Majority Leader John Thune and Senate Minority Leader Chuck Schumer urging them to preserve Section 604 of the Digital Asset Market Clarity Act in any version brought to the Senate floor. The provision, approved by the Senate Banking,

According to Bitcoin.com News, U.S. Senator Ron Wyden sent a letter on July 8 to Senate leaders urging them to preserve Section 604 of the Digital Asset Market Clarity Act, which protects non-custodial blockchain developers from money transmitter regulations. Wyden argued that developers who

According to Onchain Lens, Circle minted 250 million USDC on Solana earlier today. The year-to-date total USDC minted on Solana has reached 6.701 billion as of July 10.

Gate News bot message: Gate market display shows BTC breaking through 63,000 USDT, current price is 63,000.9 USDT.

Bitcoin mining and AI infrastructure companies MARA Holdings and Bitdeer saw sharp stock price increases on the 10th following infrastructure expansion announcements. MARA Holdings rose 9.98% to $13.22 on Nasdaq, while Bitdeer climbed 14.09% to $14.33. The gains followed separate announcements on th

According to CNBC, Goldman Sachs has banned employees from trading prediction market contracts related to the bank's own events, elections, financial markets, macroeconomic data, and geopolitics. Morgan Stanley, JPMorgan Chase, and Bank of America are implementing or updating similar policies in

On July 9-10, Bitcoin and AI infrastructure firms Mara Holdings and Bitdeer announced major expansion projects, sending their stocks sharply higher. Mara Holdings surged 9.98% to $13.22, while Bitdeer gained 14.09% to $14.33 on Nasdaq. Mara Holdings signed a contract with energy firm HIFUSA on July

Vitalik Buterin published technical writing focused on proof optimization for Ethereum rollups, addressing polynomial commitments and efficiency improvements in cryptographic proof systems. The work targets making rollup proofs cheaper and more practical, directly supporting Ethereum's scaling

Solana's SIMD-0096 proposal addresses priority fee allocation by directing these fees toward block producers, refocusing attention on validator economics. The proposal clarifies how priority fees should be distributed across the network's validator infrastructure. This technical specification

According to Vitalik Buterin's published note on July 7, the Ethereum co-founder released a technical paper focusing on proof optimization and polynomial commitments for rollups. The work examines how cryptographic efficiency improvements can make Ethereum scaling cheaper and more practical

According to CoinDesk, U.S. spot Bitcoin ETFs saw net outflows of $4 billion in June, with BlackRock's IBIT leading the exodus as investors redirected capital to AI trading and SpaceX IPO opportunities. Bitcoin declined approximately 14% in the second quarter, falling below $60,000 and marking the t

According to CoinDesk, a unified version of the U.S. Clarity Act may be released as early as next week, merging work from the Senate Banking Committee and Agriculture Committee, with a planned Senate floor vote by the week of July 20. The combined text adds over 70 pages with increased focus on

According to CryptoQuant, Bitcoin rebounded approximately 10% from last week's $57,700 bear market low to near $63,000 on July 10, recovering the key $60,000 support level, according to The Block. July seasonal factors and improved demand drove the rebound; historically, Bitcoin rallied

According to Bitwise senior investment strategist Juan Leon, per The Block on July 10, Bitcoin's current bearish cycle represents the most moderate structural downturn in the asset's history. The current 50% decline compares to 78% in 2022 and 84% in 2018, demonstrating that "each cycle bottom is ri

According to The Block on July 10, the White House sent a letter to Senate leadership rebuting Democratic criticism over the Trump administration's failure to appoint CFTC commissioners. The CFTC currently has only one commissioner in office—Republican chair Michael Selig—out of five authorized

Gate News: According to the latest Gate TradFi data, SKSQUARE (SK Square Co., Ltd.) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market