Crypto Markets & On-Chain Ecosystem Developments

According to BitcoinTreasuries.NET, South Korean listed company K Wave Media (KWM) recently sold its remaining 88 BTC to repay $6 million in debt. The company now holds zero BTC.

Ripple USD (RLUSD), the stablecoin on XRP Ledger, has generated over $2.5 billion in total settlement volume according to research from Evernorth, an independent XRP treasury and research firm. RLUSD/XRP trading volume has approached $900 million, indicating growing activity for the fiat-backed stab

According to research from Evernorth, Ripple USD (RLUSD) activity has generated over $2.5 billion in XRP Ledger settlement volume, while RLUSD/XRP trading volume has approached $900 million. RLUSD is a fiat-backed stablecoin designed for stable settlement on the XRP Ledger, distinct from XRP, the ne

Gate News bot message, Gate market data shows BTC has broken through 61,000 USDT, currently at 61,103 USDT.

Fidelity Digital Assets and VanEck published allocation frameworks in February 2026 recommending 0 to 5% crypto exposure for long-term investors, with research showing a 2% Bitcoin allocation improves annual retirement spending capacity by 1 to 4%. The institutional conversation around crypto

According to Bloomberg, Strategy MSTR's premium relative to its Bitcoin holdings has fallen below 1x as investors become less willing to pay elevated prices following Bitcoin's recent decline. The premium had previously reached as high as 200%, signaling a significant unwinding of the

Oobit, a Tether-backed non-custodial crypto payments platform, launched its crypto card in Guatemala and Paraguay, marking the 10th and 11th countries in its Latin America expansion. The launch allows users in both countries to spend and send cryptocurrency at Visa-accepting merchants, both online a

Robinhood announced on July 1 the launch of its public blockchain mainnet and a suite of DeFi products following months of testing. The company also plans to launch crypto trading services for UK residents.

According to Grayscale, Hyperliquid's HIP-3 perpetual futures markets reached $3.2 billion in open interest by June 2026, up from roughly $790 million in January. On peak days, HIP-3 markets accounted for nearly 48% of Hyperliquid's total trading volume since the upgrade launched on

Chainlink is approaching 900,000 holder addresses as LINK tokens move off centralized exchanges into private custody. The network added more than 8,000 new holder addresses over a two-day period in late June, according to on-chain data. The combination of address growth and exchange outflows

According to Etherscan data, Chainlink's holder addresses approached 900,000 in late June, with more than 8,000 new addresses added over a two-day span. On-chain analysis simultaneously shows increased LINK outflows from centralized exchanges, indicating that tokens are being transferred into

Theo Network, a decentralized trading infrastructure platform founded by former Optiver and IMC quantitative traders, raised $20 million in April 2025 from Hack VC, Anthos Capital, and angel investors from Citadel, Jane Street, and JPMorgan. The platform launched thUSD, a gold-backed yield-bearing s

STBL launched the USST stablecoin on the Stellar blockchain on July 1, 2026, backed by tokenized treasury collateral. The launch came through a partnership between STBL and the Stellar Development Foundation, announced July 1 and shared with Bitcoin.com News. USST runs on STBL's Stablecoin 2.0

According to Bitcoin News, a research paper titled 'A Mechanistic Derivation of the Bitcoin Price Power Law: Network Adoption Dynamics and Generalised Metcalfe Scaling,' authored by Giovann35084111 and moneyordebt, has been peer-reviewed and published in Elsevier's Nonlinear Science journal. The pap

U.S. spot crypto exchange-traded funds recorded approximately $252.7 million in combined net outflows on June 30. Spot Bitcoin ETFs lost $222.6 million, with BlackRock's IBIT accounting for $212.4 million in redemptions and Fidelity's FBTC shedding $10.2 million. Ether ETFs posted $27.6 million in n

Italian fintech Hodli has become the first company in Italy authorized to provide discretionary crypto asset portfolio management under the European Union's Markets in Crypto-Assets framework. The Genoa-based company received authorization from the Bank of Italy to operate as a Crypto-Asset

According to BitcoinTreasuries.NET, Strategy and Strive combined increased their Bitcoin holdings by 6,989 BTC in June, accounting for nearly all Bitcoin purchases by publicly listed companies during the month. The purchases were funded primarily through proceeds from STRC and

According to Odaily, STBL launched institutional-grade stablecoin USST on the Stellar network on July 1, 2026, backed by real-world assets. The stablecoin is initially collateralized by USDY, tokenized U.S. Treasury bonds. Built on STBL's Stablecoin 2.0 infrastructure, USST enables market

South Korea's Financial Services Commission referred suspects in two crypto market manipulation cases to prosecutors Wednesday after discussions at its 12th regular meeting. The cases involve individuals

According to the Financial Services Commission, on Wednesday, South Korea's financial watchdog referred suspects in two separate crypto market manipulation cases to prosecutors following discussions at its regular meeting. In one case, the FSC accused a crypto whale of using tens of billions of Kore