Crypto Markets & On-Chain Ecosystem Developments

According to CoinDesk, XRP open interest has dropped below $150 million from approximately $1.3 billion. Daily active addresses rose 72% since mid-June, indicating improved network activity and institutional participation

According to GMGN data cited by ChainCatcher, Hackimi, a BSC-based Meme coin, surged above $17 million in market capitalization, later retreating to approximately $16 million, with a 24-hour gain exceeding 50%.

According to PANews, USDD and GateDEX launched a dual-chain staking rewards program on July 1, running from June 30, 6 p.m. to July 30, 6 p.m. Singapore time. The program covers Ethereum and BNB Chain, offering 4% annual yields on both chains. Ethereum provides 20,000 USDD in rewards while BNB Chain

FET remains the $0.184 resistance, keeping sellers in short-term control. Buyers need confirmed support to validate a genuine trend reversal. Successful confirmation could drive FET toward higher price targets. Artificial Intelligence — FET, has reached a price zone that could shape the

FET remains the $0.184 resistance, keeping sellers in short-term control. Buyers need confirmed support to validate a genuine trend reversal. Successful confirmation could drive FET toward higher price targets. Artificial Intelligence — FET, has reached a price zone that could shape the

According to ChainCatcher, prediction market index provider Adjacent completed a $2.5 million Pre-Seed funding round this week, with investors including VanEck, Night Capital, UFO Holdings, Maven11, and DCG. Adjacent launched its U.S. election index series RED and BLUE this week and is expanding it

The Central Bank of Brazil released data on June 26 showing that Brazilians purchased $2.632 billion in stablecoins during May 2026, representing 158% year-over-year growth from $1.019 billion in May 2025. The surge reflects sustained demand for stablecoins as dollar proxies across Latin America,

According to Binance, the exchange will launch BTCU and ETHU perpetual contracts on July 1, 2026, at 17:00 and 18:00 UTC+8 respectively. The contracts will support up to 100x leverage.

According to Bitcoin News, Bitcoin Core long-term contributor and BIP maintainer Jon Atack warned users to avoid Bitcoin transfers during August's second week due to potential chain reorganization risk tied to a scheduled network change. Atack stated he will simultaneously run Core and Knots 110

Strategy (MSTR) announced new capital framework to SEC on 6/29: cash buffer increased to $2.55 billion; common stock buyback cap $1 billion, STRC buyback cap $1 billion; if necessary, sell up to $1.25 billion of Bitcoin to pay dividends or debt, with clear execution order. STRC face value $100, annual interest about 12%, fell to $72.06 at end of June. Analysis generally believes framework improves transparency but does not remove risks of Bitcoin pressure and rising capital costs; leverage may amplify losses.

According to Coinglass data, 44.7 million USDT were transferred into Binance from an unknown wallet on July 1 at 13:30 UTC.

Carl Rinsch misappropriated approximately $11 million from Netflix's "Conquest" budget. After losing funds in the stock market, he shifted to Dogecoin and profited about $23 million, but the gains were not returned to production funds and instead spent on luxury purchases. The court sentenced him to 30 months for wire fraud, money laundering, and illegal financial transactions, with forfeiture of proceeds and 3 years of supervised release. Netflix recovered completed materials and copyright; arbitration requires the return of approximately $8.78 million.

Phantom hired Ventuals co-founders Alvin Hsia and Emily Hsia, along with engineer Aris Samad, folding them into its trading and data teams after Ventuals wound down in June. The acqui-hire brings hands-on expertise in perpetual futures to Phantom as the wallet races to become a trading hub. Ventuals

Phantom wallet hired Ventuals co-founders Alvin Hsia and Emily Hsia, plus engineer Aris Samad, in June as the platform wound down, a talent acquisition that bolsters Phantom's derivatives expertise. Ventuals operated perpetual futures markets on private-company valuations, including OpenAI and

Binance CEO Richard Teng stated on the official X account on July 1 that during the EU MiCA regulatory transition period, user assets remain secure, and affected users can continue to use the options they have been informed of (including withdrawal functions) after July 1; Binance is directly communicating with affected users regarding next steps and available options. Binance has notified users in Poland, France, Spain, and Italy about service adjustment arrangements. Key Points of Richard Teng

According to PANews and Coingecko, DYDX surged 49.5% in the past 24 hours to $0.2378 as of July 1. The surge comes as the official dYdX X account posted a countdown timer yesterday, indicating the protocol will announce major news on July 2, with just one day remaining until the

U.S. cryptocurrency exchange-traded funds have seen assets under management plunge to levels last recorded in November 2024, according to Artemis data. AUM across U.S. crypto ETFs peaked at $191.4 billion in October 2025, with approximately $107 billion exiting since that peak. The decline

A whale linked to a16z deposited 77,402 HYPE tokens, worth $5.18 million, into OKX and Bybit after HYPE rebounded from its recent slip to $60. The whale subsequently purchased $782,000 worth of ETH, signaling a shift toward Ethereum. Despite this profit-taking, Hyperliquid's market structure

According to Artemis, U.S. cryptocurrency ETF assets under management have plunged from a peak of $191.4 billion in October 2025 to roughly $84 billion, with approximately $107 billion exiting since April. U.S. investors are leading the retreat, with the Coinbase Premium Index turning negative

According to Simply Wall St, Circle Internet Group (CRCL) was removed from five Russell growth indices during the latest annual rebalancing, with the change effective as of recent rebalancing. The stock is currently trading at $75.96, down 32.8% over the past 30 days and trading approximately 47%