Crypto Markets & On-Chain Ecosystem Developments

Over the past 20 minutes, USDC Treasury minted 1 billion USDC on Solana. Circle has cumulatively minted 64.25 billion dollars worth of USDC on Solana since the start of 2026.

According to the Federal Revenue Service of Brazil (RFB), female participation in crypto transactions surged to 29.96% of trade volume in December 2025, up from 11.34% in 2019—a nearly threefold increase over six years. However, female investors' share of transaction value remained significantly

According to Foresight News, Aptos' ecosystem stablecoins reached $2 billion in market value in June, marking an all-time high. In parallel, Aptos Labs announced its role as a launch partner for Open Standard's Open

According to RootData data compiled by ChainCatcher, the crypto primary market disclosed 42 financing and M&A events in June 2026 with total raised capital of $898 million, declining 60.5% month-over-month and 67.3% year-over-year. Additional 15 M&A deals worth $305 million were

According to SoSoValue, cryptocurrency markets declined broadly on July 1. Bitcoin fell 1.89% below 59,000 USD, while Ethereum dropped 0.98% below 1,600 USD. The Layer 2 sector retreated 3.57%, with Celestia (TIA) falling 9.54%, Mantle (MNT) down 4.97%, and Starknet (STRK) declining 4.93%.

On July 1, the Lighter protocol announced a tokenomics update on X platform, stating that all repurchased LIT tokens will be permanently burned in the future, with the first burn to be executed within weeks after the end of Q2 2026. Since TGE, the protocol has programmatically repurchased approximately 15.5 million LIT through exchange revenue, accounting for about 6.3% of the circulating supply. LIT Burn Mechanism Explanation: 15.5 Million Repurchased, First Execution Timeline, and Technical Op

Gate News message, another whale has initiated a short position on Bitcoin. According to Lookonchain, whale address 0xaeaa opened a 20x leveraged short on 1,100 BTC valued at $64.95 million. The liquidation price for this position is set at $67,914.56. This follows earlier reports from Lookonchain i

Gate News, July 1st — According to Gate market data, as of press time, STIK (Staika) is currently trading at $0.01358, up 70.45% in 24 hours, with a high of $0.01573 and a low of $0.00782. The 24-hour trading volume is $69,400. The current market cap is approximately $1.9476 million. Staika is a lifestyle incentive platform that rewards real-world behavior through $STIK tokens. The platform includes two core applications: gazaGO (a Move To Earn app that tracks sleep, recovery, and activity data)

According to Foresight News citing Taiwan Times, Taiwan's legislature recently passed the Virtual Asset Services Act, establishing a comprehensive regulatory framework for the crypto industry. Virtual asset service providers (VASPs) must obtain approval from the Financial Supervisory Commission to o

According to Bitget data, Bitcoin broke through $59,000 on July 1, reaching $59,001.90, up 0.63% in 24 hours.

According to BlockBeats, Circle's stock fell more than 16% on July 1 after Open Standard announced the launch of Open USD, a stablecoin backed by 140+ companies including Visa, Stripe, Mastercard, BlackRock, and Coinbase. Investors are evaluating the competitive threat to USDC. William Blair

According to on-chain analyst Ember, Pump.fun transferred 16.43 million USDT to Kraken 7 hours ago on July 1. The stablecoin transfer marks the latest movement in a pattern of fund withdrawals, with a cumulative 770 million USDT from the protocol's public sale proceeds last July now deposited at

Strategy Inc. (Nasdaq: MSTR) authorized the sale of up to $1.25 billion in bitcoin to support its U.S. dollar reserve. Bitfinex analysts stated the authorization addresses liquidity concerns tied to approximately $1.76 billion in annual preferred stock obligations and should not be interpreted as a

According to ChainCatcher, Strive CEO Matt Cole proposed suspending the issuance of new SATA tokens at a fixed $100 price over the past 30 days, citing increased short interest of approximately 1 million shares and current lending costs of roughly 70% annual rate. Cole suggested allowing market

According to Bitfinex analysts, Strategy Inc. (Nasdaq: MSTR) has been authorized to sell up to $1.25 billion in bitcoin to support its dollar reserve and meet $1.76 billion in annual preferred stock obligations. The amount represents roughly 2.5% of Strategy's 847,363 BTC holdings. Bitfinex said th

According to CoinDesk, Chinese businessman Guo Wengui was sentenced to 30 years in prison in 2024 for orchestrating a $1 billion fraud scheme. A jury had previously found him guilty of racketeering, fraud, and money laundering. The scheme involved the deceptive cryptocurrency project Himalaya Coin (

On July 1, Lighter protocol announced that all repurchased LIT tokens from future buybacks will be permanently burned to reduce total supply, with the first destruction occurring within weeks after Q2 ends. Since TGE, the protocol has repurchased approximately 15.5 million LIT through exchange

According to official announcements, three core members from Ventuals—Alvin Hsia, Emily Hsia, and Aris Samad—joined Phantom on July 1, starting roles in the trading and data teams. Ventuals previously developed advanced perpetual futures trading products within the Hyperliquid ecosystem,

According to Whale Alert, USDC Treasury minted 250 million USDC on Solana earlier today (July 1, 10:12 Beijing time).

On July 1, the Dutch Public Prosecution Service filed a bankruptcy petition with the Rotterdam District Court against crypto platform Knaken Cryptohandel and its affiliated entity Stichting Knaken Payments. Knaken has ceased operations since early June, leaving approximately 30,000 clients unable to access their held crypto assets. On the same day, the Fiscal Information and Investigation Service (FIOD) launched a criminal investigation into possible illegal activities. Legal Basis for Bankruptc