Crypto Markets & On-Chain Ecosystem Developments

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,

According to Summer.fi's official statement on X, the protocol suspended all vaults and set deposit limits to zero across all networks on July 7 after discovering an active vulnerability in the Lazy Summer protocol. The team is actively evaluating the situation and urges users not to interact with t

Naver Financial and Dunamu postponed their comprehensive stock exchange to December 31. Dunamu announced on the 6th that the stock exchange and transfer date was changed from September 30 to December 31. This marks the second postponement, following a previous delay in March when the exchange date w

According to Yonhapinfomax, South Korea's Customs Service announced on July 7 that intensive inspections of 104 money exchangers since March uncovered 63 violations at 47 businesses. The crackdown aimed to block money changers from being exploited as conduits for proceeds from voice phishing and

Bitcoin miners are experiencing stress levels that have reached a new 2026 low, with the Miner Cycle Stress Composite entering its 'undervalued' range, according to crypto analyst Wu Blockchain. JPMorgan estimates Bitcoin has traded below its average production cost of roughly $78,000 for five

According to Visa's blockchain dashboard data released on July 7, stablecoin transaction volumes reached $1.79 trillion in June, a new record and a 63% increase from May. This represents a 125% year-over-year growth compared to June 2025. Over the first half of 2026, total adjusted stablecoin transa

According to Coindesk, Visa's on-chain dashboard data shows that stablecoin transaction volume reached $1.79 trillion in June, a new record and 63% increase from May. Year-over-year, the volume surged 125% compared to June 2025. Circle's USDC dominated the first half of 2026, accounting for

According to Onchain Lens, James Fickel transferred 20,000 Ethereum from Coinbase Prime to a new wallet 2 hours ago, valued at approximately $36.19 million at current prices.