Crypto Markets & On-Chain Ecosystem Developments

According to Cointelegraph, Coinbase and Circle have plunged 69% and 72% from their all-time highs respectively, significantly outpacing declines in major tech stocks such as Oracle, Salesforce, Netflix, and Palantir, which retreated 48% to 57%. The S&P 500 index fell only 3.5% from recent highs

According to Cointelegraph, CryptoQuant analyst Darkfost said on June 28 that Bitcoin's UTXO (unspent transaction output) data shows investors are entering a capitulation phase, with the loss-to-profit ratio hitting its lowest level in the current bear cycle. The indicator has previously triggered a

Several large-cap altcoins are showing renewed activity as market sentiment improves. Layer-2, DeFi, and enterprise-focused projects remain key areas of investor interest. Analysts continue monitoring technical and adoption trends for potential breakout opportunities. As investors seek a

According to Lookonchain data reported by BlockBeats, on June 28, F2Pool co-founder Wang Chun withdrew 4,950 ETH from Binance, valued at approximately $7.74 million. Since May 26, Wang Chun's address has cumulatively withdrawn 91,945 ETH (approximately $159.9 million) and 973 WBTC (approximately $60

800 billion SHIB reached exchanges, increasing selling pressure and pushing prices lower. SHIB burn rate rose 56%, but weekly burn activity remains in decline. Long traders faced heavy liquidations as bearish momentum continued dominating the market. Shiba Inu has entered another

The European Securities and Markets Authority (ESMA) instructed unauthorized crypto asset service providers (CASPs) to begin winding down their EU operations before the Markets in Crypto-Assets Regulation (MiCA) transitional period ends on July 1, 2026. ESMA issued the guidance on June 23 as some pr

According to the European Securities and Markets Authority (ESMA) on June 23, unauthorized crypto asset service providers (CASPs) must halt new EU client onboarding and prepare orderly market exits before the Markets in Crypto-Assets Regulation (MiCA) transitional period ends on July 1,

According to Zcash founder Zooko, Coinbase has begun promoting sports betting and cryptocurrency price prediction features to younger and less experienced users, prompting concerns about the platform targeting vulnerable demographics. On June 28, Coinbase CEO Brian Armstrong responded that adults sh

According to BlockBeats, on June 28, Bitcoin is poised to record a rare consecutive two-quarter decline with a projected 12% loss in Q2 following a 22% drop in Q1. Over the weekend, Bitcoin briefly fell below $60,000, marking a weekly decline of approximately 7%. Altcoins recorded steeper losses th

According to GMGN data cited by BlockBeats, Solana meme token ANSEM hit a market cap of $50 million on June 28, marking an all-time high, before pulling back to $46.36 million. The token surged 226-fold in 24 hours with trading volume reaching $30 million.

According to BlockBeats, Binance Life token dropped over 30% intraday on June 28, briefly touching $0.50 before recovering to $0.54. The token's 24-hour decline stands at 24.19%, with a market capitalization of $663 million based on HTX exchange

According to ChainCatcher, Binance Life (BNX) experienced a sharp intraday decline exceeding 30% today, dropping to a low of $0.45554 before recovering to $0.529. The token recorded a 24-hour loss of 29.19%, with market capitalization at $529

According to Hong Kong government statement, the Monetary Authority granted stablecoin issuer licenses to two bank-backed institutions in April 2026. Based on their business plans, regulated stablecoins are expected to launch mid-to-late this year. The government said it has notified unregulated en

Gate News bot message, Gate market data shows, BTC has fallen below 60,000 USDT, currently at 59,997.8 USDT.

Investors in BlackRock's iShares Bitcoin Trust ETF (IBIT) are now down about 40% on average, according to Bespoke Investment Group, following a week ending Friday, June 26 that saw U.S. spot Bitcoin ETFs bleed $1.79 billion. The losses stem from Bitcoin's sustained selloff after the October 2025

Web3 security firm Certik joined the XDC Network as an institutional masternode validator under a recently signed memorandum of understanding. The partnership deploys Certik's Skynode enterprise node solution to secure XDC Network's infrastructure, which supports trade finance and real-world asset t

According to Bespoke Investment Group, the average investor in BlackRock's iShares Bitcoin Trust ETF (IBIT) is now down approximately 40% as of late June. The typical holder's position has shifted from a 30% gain in mid-2025 following the October 2025 flash crash, reflecting the severity of 2026's c

According to the companies' announcement, Web3 security firm Certik has joined the XDC Network as an institutional masternode validator under a newly signed memorandum of understanding. Certik will deploy and operate validator nodes using its Skynode enterprise solution, introducing infrastructure-l

The 2026 FIFA World Cup Round of 32 knockout stage kicked off on June 29 (Beijing time), with the first match being a direct confrontation between Group A runner-up South Africa and Group B runner-up Canada. This is the first knockout stage after the World Cup expanded to 48 teams, and also the first time both teams have advanced to the knockout stage in their history. For the crypto industry's prediction markets, the significance of this match goes beyond the competition itself — it provides a

Token Terminal announced a data partnership with Sui Network, marking a collaboration aimed at expanding blockchain analytics capabilities across the cryptocurrency ecosystem. The partnership will combine Token Terminal's analytics platform with Sui's high-performance blockchain infrastructure to