Crypto Markets & On-Chain Ecosystem Developments

Gate News bot message, Gate market data shows, BTC has fallen below 60,000 USDT, currently at 59,997.3 USDT.

According to HTX data, BNB breaks below $550, trading at $549.93 with a 24-hour gain of 0.85%.

According to ChainCatcher, Solana Foundation has launched Solana Governance Proposals (SGP), an on-chain governance mechanism enabling validators to submit, support, and decide core protocol decisions. All proposals are conducted on-chain using stake-weighted voting verified through Merkle proofs.

According to Binance, on July 1 the exchange halted crypto asset services in European Union markets as the Markets in Crypto-Assets (MiCA) regulation took effect. The company reassured affected users that customer assets remain held on a one-to-one basis and are safe on the platform. Binance

According to Odaily, Robinhood announced today that its Layer 2 network, Robinhood Chain, has launched on mainnet. Built on Arbitrum tech stack, the chain is designed as an AI-native, permissionless platform tailored for real-world assets (RWA) and institutional standards. The platform will

According to Odaily, President Trump's latest financial disclosure filing reveals hundreds of millions of dollars in crypto-related income, including millions connected to the Trump family's DeFi project World Liberty Financial, intensifying congressional negotiations over ethics provisions in the p

Standard Chartered and LMAX Group executed their first live digital asset prime brokerage trades, marking a significant development in cryptocurrency market institutionalization. The pilot transactions involved spot Bitcoin and Ether with T+1 settlement, with Standard Chartered acting as credit

Standard Chartered and LMAX Group executed their first live digital asset prime brokerage trades on spot Bitcoin and Ethereum with T+1 settlement, the companies announced. Standard Chartered acted as the credit intermediary while trades were executed on LMAX Digital, demonstrating a bank-grade digit

Binance and Anchorage Digital have integrated off-exchange settlement infrastructure, allowing institutional clients to trade on Binance while maintaining assets in segregated custody at Anchorage Digital. The integration uses Atlas, Anchorage's institutional settlement platform, to manage

According to traders on prediction market platform Kalshi, U.S. inflation has likely peaked in May as energy prices fell in June following eased U.S.-Iran tensions. Speculators on Kalshi now assess only a 28% probability that annual inflation will exceed 4.2%, the May year-over-year CPI

Solana's token creation activity surged to an 80-day high in late June and early July, driven by a resurgence in meme coin launches. Daily token creation reportedly climbed as meme coin launch programs and Raydium-linked activity attracted renewed attention to new assets. The spike reflects

According to Solscan, Solana daily token launches reached an 80-day high in late June and early July, driven by renewed meme coin creation and Raydium-linked activity. The spike reflects growing speculative interest, with new tokens such as ANSEM gaining attention. Solana's fast transaction speeds a

A Shanghai court sentenced five defendants to prison terms of two and a half to six years for operating an illegal foreign exchange network that used crypto to transfer more than $29.4 million abroad, the Shanghai Jing'an District People's Procuratorate disclosed. The group helped domestic clients b

Former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to conspiracy to commit wire fraud, wire fraud, and money laundering in a crypto investment scheme that the U.S. Department of Justice said raised at least $400 million from investors and caused at least $250 million in

According to the Shanghai Jing'an District People's Procuratorate, five defendants were sentenced to prison terms ranging from two and a half to six years for operating an illegal foreign exchange network that used crypto to transfer more than 200 million yuan (approximately $29.4 million) abroad.

According to the U.S. Department of Justice, former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to conspiracy to commit wire fraud, wire fraud, and money laundering. The scheme raised at least $400 million from investors between January 2023 and January 2026, resulting in

Ethereum dropped 2.94% over the past week to close at $1,577.12, trading below all major weekly moving averages. Net redemptions from U.S. spot Ethereum ETFs reached $8 million on June 29 as institutional sellers continued pulling capital from the asset. The token's weekly RSI stood at 30.13, with t

According to Traders Union, Ethereum dropped 2.94% over the past week to close at $1,577.12 on June 29, extending its position below all major weekly moving averages. Net redemptions from U.S. spot Ethereum ETFs reached $8 million as institutional sellers continued pulling capital from the asset.

Ansgar Dietrichs, a former Ethereum Foundation researcher now with Ethlabs, conceded that ETH lacks a clear value story after five years below $5,000, according to journalist Laura Shin's Unchained podcast. The admission highlights Ethereum's ongoing struggle to articulate what ETH is actually for,

According to Traders Union reporting, the EU fully activated its Markets in Crypto-Assets regulation on July 1, 2026, requiring all crypto service providers to hold a license to serve clients across the 30-nation European Economic Area. Only 244 of 3,167 previously operating providers had secured