Crypto Markets & On-Chain Ecosystem Developments

According to Ethereum co-founder Vitalik Buterin's statement on June 23, the Ethereum Foundation will reduce its budget by roughly 40% and eliminate 54 roles, approximately 20% of its workforce, as part of a restructuring toward a long-term endowment model. The Foundation aims to lower annual

According to Jason Huang, founder of NextGen Venture, MicroStrategy diluted its mNAV multiple to 1.1x through ATM share issuance last week, reducing bitcoin holdings per share. Huang noted on X that each share now corresponds to fewer bitcoins, with the official mNAV metric having declined from its

According to AMBCrypto, ARB recorded double-digit losses over the past 24 hours in the face of mounting selling pressure. Long traders absorbed $750,730 in liquidations over the period, while short positions lost just $7,480, indicating the market moved firmly against bullish bets. On-chain data re

According to law enforcement associations, on Jun 24, Catholic leaders and US authorities challenged the CLARITY Act, raising concerns about its approach to illicit activity. Law enforcement stated that regulatory certainty should not come at the expense of accountability, transparency, victim

According to the Securities and Futures Commission (SFC) 2025-26 annual report released in March, Hong Kong's virtual asset market showed significant expansion. The 11 recognized spot ETFs for virtual assets reached a total market value of HK$4.3 billion, up 90% since their launch in 2024.

According to GMGN data, Goblin topped smart money net inflows over the past 24 hours with $3,000 net inflow, though the token declined 7.6% and is trading at $0.0057. The top five smart money recipients were Goblin ($3K), Jonah ($669, +2161.9%), CASHBACK ($486, +614.2%), FARM ($304, -38.9%), and

NEAR trades near $2.2, sitting close to the multi-year low interest zone. Key resistance levels: $3.3 first, then $9, and long-term $20 target. Weak sentiment may offer strong risk-reward if recovery momentum returns. Most traders start paying attention after huge rallies. By that

According to Cointelegraph, YZi Labs and CEA Industries signed a cooperation agreement recently, appointing three new board directors to enhance governance of BNC.

According to HTX trading data, SOL broke below $70 on June 24, trading at $69.99 with a 24-hour decline of 1.56%.

According to Nabox's official announcement on June 23, the decentralized multi-chain wallet and digital identity platform announced a strategic partnership with ENI, a modular layer-1 blockchain platform, to enhance cross-chain interoperability and user experience. The collaboration integrates Nabo

According to Galaxy Research, Bitcoin spot ETFs experienced net outflows of $63.5 billion in the past 30 days as of June 21, marking an all-time high and ranking first among all 582 recorded 30-day windows.

HSBC Bank Middle East Limited launched a tokenized deposit service in the United Arab Emirates, adding the dirham to its blockchain-based Orion cash management network. The service enables eligible corporate and institutional clients to move funds instantly across borders and between internal

According to Foresight News, Altura paused AVLT redemptions on June 23 following a decision to liquidate treasury assets in an orderly manner. Redemptions will resume only after all treasury assets are recovered, reconciled, and independently verified by a third party. Liquidation progress

Arthur Hayes’s family office Maelstrom published a deep research report on X on June 24 about Solana ecosystem physical card trading platform Collector Crypt (CC), setting a target price for the CARDS token at $4 before the end of summer. CC offers instant settlement and on-chain liquidity with only a 2% fee (compared with eBay’s 16-20%). Collector Crypt business data disclosed in the Maelstrom research report (Source: Maelstrom research report screenshot) Based on Maelstrom’s deep research repo

Chainlink, a decentralized oracle network, has entered into a collaboration with 47 banks across South Korea and Europe to explore blockchain-powered international remittance solutions. The initiative, initially reported by Unfolded, aims to reduce settlement times and lower operational costs for cr

According to Chainlink's announcement on June 23, 2026, the decentralized oracle network has partnered with 47 banks across South Korea and Europe to explore blockchain-powered international remittance solutions. The initiative aims to reduce settlement times and lower operational costs for

According to ChainCatcher, Bitcoin fell to $62,000 on June 24, as the chip sector selloff entered its second day and dragged down the broader crypto market. The decline triggered liquidations exceeding $1.5 billion across leveraged