Crypto Markets & On-Chain Ecosystem Developments

According to Ripple, the company received preliminary approval for a Crypto-Asset Service Provider (CASP) license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF). The approval takes the form of a Green Light Letter, positioning Ripple to prepare MiCA-compliant operations

According to Foresight News and Nansen, CARDS (Collector Crypt) market cap stands at approximately $472 million with a price of $0.236, down 22% since Maelstrom set its summer target price at $4 on June 24. The token has declined 3.76% in the past 24 hours. Nansen CEO Alex Svanevik noted that Maelst

According to BlockBeats, on June 28, Tether partnered with crypto lending platform Ledn to launch XAUT (Tether Gold) collateral lending services. The service will allow users to borrow against XAUT holdings without selling their gold assets, joining Ledn's existing Bitcoin and USDT lending

According to CryptoQuant analyst Darkfost on June 28, Bitcoin's unspent transaction output (UTXO) profit-loss ratio has declined to its lowest level in the current downturn, indicating the market is entering a broader surrender phase and marking the first time this indicator has signaled

According to Lookonchain monitoring, Bitwise deposited 1.775 million HYPE tokens worth $114 million to Hyperliquid and staked them on June 27.

Sol Strategies, an OTC-listed company trading under ticker STKE, reportedly rose 22% on Friday, June 26, 2026, according to publicly available market data. The stock movement coincided with Solana's native token SOL reclaiming the $72 price level. Sol Strategies operates a Solana-focused crypto

According to BlockBeats, Thailand's Special Branch (DSI) issued an arrest warrant on June 28 against Chinese businessman Wong Yik-shing, accusing him of involvement in a criminal network that allegedly used illegal cryptocurrency mining to launder proceeds from fraud and online gambling

According to PANews and on-chain data platform Lookonchain, Machi (Huang Licheng) sold 34 Bored Ape NFTs over the past month, receiving 326 ETH (approximately $514K) but suffering a total loss of 399 ETH (approximately $631K). The sales were conducted to raise capital for a leveraged long position o

According to Coinglass data cited by ChainCatcher, whales on Hyperliquid currently hold $4.169 billion in positions, with long positions accounting for 49.26% ($2.053 billion) and short positions at 50.74% ($2.115 billion). Long positions are down $199.3 million in unrealized losses, while short po

Ripple partnered with SBI VC Trade to introduce RLUSD stablecoin in Japan following regulatory classification by the Japan Financial Services Agency. The partnership enables RLUSD distribution through SBI's platform after JFSA designated the stablecoin as a Type 4 electronic payment instrument

According to Ripple, the company partnered with SBI VC Trade to launch RLUSD stablecoin in Japan, with the Financial Services Agency (JFSA) classifying it as a Type 4 electronic payment instrument under the Payment Services Act. The stablecoin will initially launch on Ethereum and is subject to a ¥1

According to Coinglass, over the past 30 days, Binance's Bitcoin wallet received 13,825.87 BTC, while its current balance stands at 647,935.27 BTC. Coinbase Pro holds the largest exchange Bitcoin balance at 852,522 BTC but saw outflows of 3,090.04 BTC during the same period. Bybit received 6,235.82

Ripple CEO Brad Garlinghouse expressed confidence in bitcoin while criticizing Strategy's leveraged financing approach during a June 26 appearance on CNBC's Squawk on the Street. Garlinghouse maintained that bitcoin functions as a digital store of value, comparing it to gold, while arguing that Stra

According to CNBC Squawk on the Street on June 26, Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin, framing it as a long-term digital store of value. He compared bitcoin's efficiency to physical gold transfers, noting that moving $300 billion in gold takes years and billions of

Avalanche and Ethereum continued leading discussions surrounding blockchain infrastructure and decentralized finance growth. Litecoin attracted attention from traders seeking relatively stable and established crypto assets. Bonk reflected rising speculative interest as traders monitored m

According to ChainCatcher, crypto stocks are sharply underperforming broader tech markets this week. Coinbase (COIN) and Circle (CRCL) have fallen 69% and 72% from their respective all-time highs, significantly exceeding the 48%-57% declines of major tech stocks like Oracle, Salesforce, Netflix, and

Stablecoin issuer Tether is expanding its tokenized gold strategy by introducing Tether Gold (XAUT) to crypto lending platform Ledn. According to Odaily, Tether and Ledn plan to launch gold-backed lending services later this year, allowing XAUT holders to borrow against their holdings without

According to Base's post-mortem report, the network experienced two separate block production outages on June 25 and June 26, lasting approximately 116 minutes and 20 minutes respectively. The root cause was a sequencer state management bug that failed to properly clear historical journal state

According to Onchain Lens, SharpLink Gaming accumulated 39,196 ETH worth approximately $62.43 million over the past three days, with 29,196 ETH (roughly $46.7 million) purchased today (June 28). The latest purchases bring the ethereum treasury company's recent buying activity to its largest scale in