Crypto Markets & On-Chain Ecosystem Developments

According to Fox Business, Senator Ron Wyden has called on Senate leadership to retain the Blockchain Regulatory Certainty Act (BRCA) in any version of the Clarity Act submitted for full Senate consideration. In a letter to Senators Thune and Schumer, Wyden stated that the provision would codify

According to ChainCatcher citing SoSoValue data, Bitwise XRP ETF posted outflows of $7.2918 million yesterday (July 8), the sole outflow among XRP spot ETFs. The fund has accumulated $494 million in total net inflows to

DSRV, a Korean blockchain infrastructure company, launched its on-chain financial platform DSRV Portal on the 9th. The platform integrates payment, settlement, wallet, custody, and issuance functions into a single operating system for financial institutions and enterprises. DSRV developed Portal to

According to Chainwire, Bitget Wallet announced on July 8 that it has surpassed 100 million global users. The milestone reflects the wallet's expansion through features including token swaps, decentralized applications (dApps), and retail user onboarding. The announcement underscores growing

According to Protos, crypto exchange AscendEx halted operations on July 1, 2026, citing failure to obtain an EU MiCA license and a failed strategic transaction with an undisclosed counterparty. The exchange announced the closure in a notice on July 6. Withdrawals have been suspended and will

According to an official announcement on July 9, Nium, a global cross-border payment infrastructure company, is acquiring Cypher, a non-custodial crypto wallet and card issuance platform. The two will combine digital asset capabilities with Nium's global payment network to advance fiat-to-on-chain p

According to Onchain Lens monitoring, a wallet possibly linked to Multicoin Capital sold 167,000 HYPE tokens worth approximately $11.2 million through Galaxy Digital's over-the-counter trading platform earlier today (July 9). The transaction was routed through an intermediary wallet before

According to The Block, Binance Wallet has integrated Plume's flagship nBASIS yield vault today (July 9), enabling users to access tokenized funds managed by Bitwise and Invesco. The vault includes Invesco Short Duration U.S. Government Securities Fund (AUM over $860 million) and Bitwise Crypto

According to Glassnode's latest weekly report cited by ChainCatcher, Bitcoin has traded below real market value and short-term holder cost basis for the past five months, remaining in a deep value zone as the market's bottom-forming process continues. Long-term holders have realized losses

The dollar-won exchange rate fell below 1,500 won on July 8 for the first time in 40 days, while stablecoin prices on Korean cryptocurrency exchanges showed a decline one day earlier on July 7. The exchange rate reached an intraday low of 1,498.10 won, the lowest level since the May 29 intraday low

According to Yonhap Infomax, on July 9, the USD/KRW exchange rate fell to 1,498.10 won intraday, marking its lowest level since May 29 and the lowest in 40 days. Notably, dollar-pegged stablecoins USDT and USDC declined below the 1,500 won level approximately one day before the official foreign exch

According to The Information, on July 9, the U.S. Department of Justice sent an internal memo in early June to prosecutors handling digital currency cases, cautioning them to expect reduced cooperation from Binance, the world's largest cryptocurrency exchange. The memo, issued by DOJ digital currenc

On July 9, Origin Protocol (OGN) rose 22.16% to KRW 30.32 on Bithumb, with trading volume of approximately 2.12 billion won over the prior 23 hours. Maverick Protocol (MAV) gained 15.05% to KRW 16.21 during the same

LAB, the native token of multi-chain trading platform LAB Trade, crashed 80% from just over $7 to $1.25 on Wednesday in under 24 hours. This followed a Tuesday sell-off from nearly $17, erasing nearly 90% of the token's value in 48 hours. The LAB Trade team attributed the decline to significant sell

LAB token, the native asset of multi-chain trading platform LAB Trade, plummeted 80% to $1.25 on Wednesday, erasing nearly $5 billion in market capitalization in just 48 hours. The token fell from above $17 on Tuesday to under $1.25, with the project's market cap collapsing from over $5 billion to $

American Bitcoin, led by Eric Trump, increased its Bitcoin holdings to 8,000 BTC on May 8 local time, continuing its aggressive expansion strategy. The company reported a 52% mining margin in Q1 and claimed industry-lowest management costs. Despite the accumulation strategy, the stock has

According to Benzinga, American Bitcoin, led by Eric Trump, expanded its Bitcoin holdings to 8,000 BTC on July 8, with the company pledging to continue its accumulation strategy. The company reported a 52% mining margin in Q1 2026 and said it maintained industry-low operational costs. However,

Blockchain research firm Populus joined WebX 2026 as a research partner, the company announced on the 9th. The conference is scheduled for July 13-14 at The Prince Park Tower Tokyo in Minato-ku, Tokyo, Japan. Populus will produce an exclusive research report analyzing the Japanese digital asset

Populis, a blockchain research firm, announced on July 9th that it has joined WebX 2026 as a research partner. The conference will be held July 13-14 at Prince Park Tower Tokyo in Minato, Tokyo. Populis will co-produce the exclusive research report "Japan Digital Asset Market 2026" alongside

According to traders on prediction market Kalshi, following U.S. President Trump's announcement ending the ceasefire with Iran, Hormuz Strait shipping flow is unlikely to return to normal before 2027. On rival platform Polymarket, traders hold a relatively more optimistic view, estimating a 59%