Crypto Markets & On-Chain Ecosystem Developments

The National Organization of Black Law Enforcement Executives endorsed the CLARITY Act on July 1, marking the bill's first major public law enforcement backing, while Major County Sheriffs of America shifted to neutral on July 3 after continued discussions on Section 604. NOBLE, representing more th

According to Stand With Crypto announced on July 6, the National Organization of Black Law Enforcement Executives (NOBLE) formally endorsed the CLARITY Act on July 1, marking the first major public law enforcement endorsement of the bill. NOBLE, which represents more than 3,000 law enforcement

U.S. spot Bitcoin ETFs recorded approximately $143 million in net inflows, according to data from Farside Investors, marking a recovery in institutional demand after recent market pressure. The positive flow suggests institutional buyers have not exited the market despite volatility from

According to Farside Investors, U.S. spot Bitcoin ETFs recorded $143 million in positive inflows, marking a recovery after recent market volatility. The rebound indicates institutional demand for regulated Bitcoin investment products remains resilient despite ongoing supply pressures from

According to ChainCatcher citing Coinglass data, Hyperliquid whales currently hold $5.249 billion in positions, with long positions at $2.577 billion (49.09%) and short positions at $2.673 billion (50.91%). Long positions are up $11.02 million unrealized, while short positions face an $114 million l

According to BlockBeats, Web3 gaming guild YGG announced on July 7 that its gaming publishing division YGG Play will close on August 1, impacting 35 job positions. The company committed to providing an additional eight weeks of salary to affected staff. YGG will continue operations with a smaller te

According to Ansem's announcement on X, ANSEM will inject creator fees into its liquidity pool to increase depth and launch SOL airdrops for community contributors. Rewards will be distributed in phases at higher valuations, with priority given to top-performing "Bagholders" on social media, plus

Gate News, July 7 – According to Gate market data, as of press time, LAT (PlatON) is currently trading at $0.000667, up 51.05% in 24 hours, with a high of $0.000912 and a low of $0.000393. The 24-hour trading volume is $405,000. The current market cap is approximately $4.62 million. PlatON is initiated and promoted by the LatticeX Foundation as an open financial infrastructure. Based on the fundamental properties of blockchain and supported by a privacy computing network, it provides a next-gene

Strategy (NASDAQ: MSTR) filed an 8-K with the U.S. SEC on July 6, disclosing the sale of 3,588 bitcoins for $216 million to pay dividends on five preferred shares: Q2 quarterly dividends for STRF, STRE, STRK, and STRD, and the full-month June dividend for STRC. Yield Terms for STRF, STRE, STRK, STRD, and STRC According to Strategy’s 8-K, proceeds from this sale cover dividends for the following five preferred securities: STRF (Senior Fund): Annual fixed dividend of 10%, par value $100 STRE (Euro

Gate News, according to the official announcement from Gate on July 7, 2026, Gate GUSD now supports minting with USD1. Users can stake USDT, USDC, or USD1 to mint GUSD at a 1:1 ratio, and holding GUSD entitles them to an annualized yield of 3.8%. GUSD is a principal-protected demand financial product. It is supported for trading and collateralization, and users can earn an annualized yield every day. Interest starts accruing from the second day after subscription and is distributed in GUSD befor

Strive (ASST) disclosed in its 8-K filing submitted on July 6 that between June 29 and July 2, it purchased 17.76 bitcoins at an average price of approximately $59,850 per coin (symbolizing the year 1776 of American independence), bringing total Bitcoin holdings to 19,882. Q2 Bitcoin yield reached 24.0%, with 3,264 bitcoins added. Strive Purchases 17.76 BTC in 1776 Symbolism, Total Holdings Reach 19,882 (Source: Strive) According to Strive's 8-K filing and CEO Matt Cole’s disclosure on X, Strive

Bitcoin (BTC) buying volume surged sharply, temporarily reported at around $64,015 on July 7. U.S. President Trump hinted that Bitcoin could eventually be included in the Trump Account, a new tax-advantaged account designed for children. BonkDAO was attacked via a malicious governance proposal, resulting in the theft of $20 million worth of BONK tokens. Macro Events & Crypto Highlights According to BeInCrypto, President Donald Trump stated that Bitcoin (BTC) could ultimately be included in the T

According to Daily An, on July 7, Bitcoin surged past $64,000 despite Glassnode reporting that Strategy had sold roughly $216 million worth of Bitcoin overnight. The price hit $64,286 by early morning before settling at $64,002 as of 9 AM, indicating that selling pressure from long-term holders

According to on-chain analyst Yanzhi, a BonkDAO attacker spent $4.4 million buying BONK tokens to reach the governance voting threshold on July 7. The attacker then initiated a malicious governance proposal and voted to transfer $21.2 million in BONK from the protocol's

South Korea's Supreme Court announced draft civil enforcement rules to systematically seize, freeze, and liquidate virtual assets like bitcoin during civil litigation. The National Court Administration will collect public and legal opinions on the draft amendment until Aug. 11, with full

Russia's largest state-owned bank, Sberbank, announced plans to launch crypto wallets and digital storage in the Sber and SberInvestments applications after Russia's cryptocurrency legislation takes effect, with the goal of completing crypto trading infrastructure construction by December 1st. Concurrently, VTB Bank and T-Bank also announced that they will create digital cryptocurrency storage once the relevant laws come into effect. Sberbank's Timeline: Legislation in September, Infrastructure

According to BlockBeats, ENS co-founder Alex Van de Sande proposed on July 7 delegating 5 million ENS tokens from the DAO's idle community treasury to individual participants to reform governance. Currently, one representative's voting power is sufficient to reach quorum and execute any proposal, su

According to a report from South Korea's Supreme Court on July 5, the court announced draft civil enforcement rules to systematically seize, freeze, and liquidate bitcoin and other virtual assets during civil litigation. The amendments establish uniform procedures across all court levels and

According to Kraken's official announcement on July 7, the exchange has temporarily suspended deposits and withdrawals of BONK tokens due to an incident affecting the token.

On July 7, Bitcoin broke through the $63,000 resistance level without warning, currently trading at $64,159; Ethereum surged to the $1,800 mark. According to CoinGlass data, total liquidations across the network reached $160 million in the past 4 hours, with short liquidations accounting for $112 million; 24-hour total liquidations reached $392.17 million, with 85,940 traders liquidated. July 7 Market Movement: BTC Breaks $64,000, ETH Hits $1,800 In the early hours of July 7, 2026, Taiwan time,