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BTC gained approximately 4% over the week, while ETH rose about 2.1%. Among major altcoins, Worldcoin (WLD), Bittensor (TAO), and LayerZero (ZRO) led the market, posting 7-day gains of 33.28%, 31.12%, and 26.89%, respectively. Over the past week, capital outflows across the crypto market continued, with Ethereum, Arbitrum, and Hyperliquid recording combined net outflows of more than $2.2 billion. In contrast, Ink attracted approximately $374 million in cumulative net inflows over three consecutive weeks, making it one of the few blockchains to absorb capital against the broader trend. Meanwhile, the FIFA World Cup significantly boosted prediction-market activity, with Polymarket and Kalshi together accounting for nearly 98% of the sports prediction market, further reinforcing the liquidity advantages of leading platforms.

Gate Research Daily Report: On June 16, the crypto market continued to recover, with both BTC and ETH posting gains and trading volume expanding significantly. However, the Fear & Greed Index remained at 23, indicating that market risk appetite has yet to fully recover. Among the top-performing tokens, DN, SYN, and SIREN reflected three distinct themes: high-beta trading assets, cross-chain infrastructure, and community-driven narratives. At the industry level, major banks are advancing tokenized deposit networks, the digital euro project has entered a critical stage ahead of parliamentary voting, and the Qivalis euro stablecoin alliance continues to expand. Together, these developments suggest that on-chain payment and settlement infrastructure is evolving beyond the crypto-native ecosystem and increasingly extending into the banking sector and public monetary systems.

On June 15, BTC and ETH rebounded from recent lows, but overall market sentiment remained in Extreme Fear territory. In the options market, traders continued positioning around the upcoming FOMC meeting, with downside protection demand through put options still dominating. OPG, H, and JELLYJELLY led gains among trending sectors, while AI infrastructure, digital identity, and video-based social applications attracted notable capital inflows. On the industry front, mBridge accelerated preparations for commercial deployment, USD1 expanded into sports bonus payments, and Citi advanced the tokenization of private company shares, highlighting continued growth in cross-border settlement, stablecoin payments, and RWA adoption.

Gate Research Daily Report: On June 15, the crypto market showed signs of recovery from recent lows, with BTC and ETH posting modest gains. However, the Fear & Greed Index remained at 20, indicating that market sentiment is still in Extreme Fear territory. Capital continues to concentrate in major assets and a handful of high-beta narratives. Among the top-performing tokens, OPG, H, and JELLYJELLY represent AI infrastructure, privacy-focused digital identity, and video-based social applications, respectively. On the industry side, mBridge is accelerating preparations for commercial deployment, USD1 has been adopted for sports performance bonus payments, and Citi has introduced a tokenized private equity solution. Together, these developments highlight continued progress in cross-border digital settlement, real-world stablecoin payments, and the tokenization of private market assets.

Uniswap V4 Hooks have evolved from a foundational technological innovation into a major driver of ecosystem growth. V4’s TVL has reached $682 million, with cumulative trading volume surpassing $422 billion. Powered by its programmable liquidity mechanism, developers can now implement features such as dynamic fees, custom curves, MEV protection, and on-chain content generation. The rise of projects like uPEG, SATO, and Slonks has further extended Hooks into areas including on-chain collectibles, fair launches, and AI-driven creation. This pushes liquidity beyond traditional trading infrastructure toward content generation, community participation, and asset issuance.

Gate Research Daily Report: On June 12, BTC rebounded above $63,000 and entered a consolidation phase, while ETH hovered near $1,660 in a relatively weak recovery and GT held steady around $6.48. Market breadth improved, with VELVET, MCTP, and SKYAI leading daily gains. On the news front, SpaceX priced its IPO at $135 per share in a record-breaking $75 billion deal, and Gate now supports related Pre-IPO trading; the World Cup is boosting interest in prediction markets, which Gate also supports; and Citi has introduced a tokenized share offering to open a new blockchain-based route into private markets.

Gate Research Daily Report: On June 12, BTC rebounded above $63,000 and entered a consolidation phase, while ETH hovered near $1,660 in a relatively weak recovery and GT held steady around $6.48. Market breadth improved, with VELVET, MCTP, and SKYAI leading daily gains. On the news front, SpaceX priced its IPO at $135 per share in a record-breaking $75 billion deal, and Gate now supports related Pre-IPO trading; the World Cup is boosting interest in prediction markets, which Gate also supports; and Citi has introduced a tokenized share offering to open a new blockchain-based route into private markets.

The surging demand for AI model training and inference is driving the global storage industry into a new era of valuation reassessment. With sustained growth in high-end storage products—such as High Bandwidth Memory (HBM), DDR5, and enterprise SSDs—industry leaders like Samsung Electronics, SK Hynix, and Micron Technology are capitalizing on AI data center expansion, supply tightness, and the widespread adoption of Long-Term Agreements (LTAs). This has led to notable improvements in both profitability and valuation frameworks. Micron’s milestone of surpassing a trillion-dollar market cap underscores the market’s strategic repricing of the AI storage ecosystem and a structural shift from traditional cyclical dynamics to AI infrastructure-driven growth. In parallel, Gate has introduced products including equities, Perpetual Futures, and Leveraged ETFs, providing investors with diversified trading and allocation instruments to engage in the AI storage sector.

Gate Research Weekly Report: Geopolitical tensions and higher-than-expected inflation weighed on risk appetite, with BTC briefly falling to 60,734.1 USDT while ETH showed relative resilience despite broader market pressure. ETF products continued to record net outflows, although total crypto ETF assets under management remained elevated at $116.09 billion. Perpetual futures open interest fell to $38.83 billion, indicating continued leverage reduction. MCTP, WOJAK, and SQD gained 46.23%, 18.37%, and 11.77%, respectively, as capital continued to seek structural opportunities in an extreme-fear environment. Morpho raised $175 million, showing that primary-market capital remains focused on DeFi credit infrastructure. Over the next seven days, SPK, CONX, and ARB will unlock approximately $18.27 million, $13.95 million, and $7.19 million worth of tokens, respectively, which may create localized supply pressure.

BTC has broken above all major moving averages, with early signs of a strong bullish trend emerging above the MA structure. ETH's moving average system is beginning to form a support base. MCTP surged more than 46% on renewed momentum in the cross-chain sector, WOJAK gained 18.37% driven by sentiment-fueled buying, and SQD rose 11.77% on growing interest in data infrastructure narratives. Global risk sentiment intensified as U.S. forces launched strikes against Iran for a second consecutive night. Meanwhile, U.S. CPI rose to 4.2% in May, its highest level since 2023, reinforcing concerns over persistent inflation and reducing expectations for near-term rate cuts. In addition, Tom Lee once again publicly expressed strong support for Ethereum, drawing renewed market attention to ETH's supply contraction thesis.

Last week, global macro markets experienced a dramatic shift from rising optimism to a sharp reversal. Bitcoin fell approximately 15% for the week, while Ethereum declined around 22%. Following the launch of Gate’s U.S. stock trading service, the number of listed assets expanded rapidly. On-chain trading activity rebounded notably, with major DEXs including Uniswap, PancakeSwap, and Aerodrome recording higher trading volumes. Meanwhile, the LST sector broadly weakened, Aave’s lending volume continued to contract, and new demand increasingly flowed into emerging ecosystems such as MegaETH. In derivatives markets, BTC open interest (OI) dropped by more than 15%, while 25D Skew plunged to deeply negative levels and DVOL briefly surged to 52–54, indicating that short-term downside hedging demand reached one of the highest levels of the current cycle. On the institutional side, Gate’s spot trading volume increased 92.16% week-over-week, while CrossEx trading volume rose 47.1% over the same

BTC traded higher before reversing lower over the past 24 hours, with downside momentum accelerating after news of the U.S.–Iran conflict materialized. ETH moved largely in tandem with BTC throughout the session. Demand for SpaceX's latest IPO reportedly exceeded $250 billion, implying an oversubscription of approximately 4x. Some investors may have sold crypto assets to participate in the offering, potentially contributing to the recent market correction. H surged 149%, while EVAA and TX gained 31% and 30%, respectively. The United States launched multiple rounds of military strikes against Iran, targeting air defense systems and radar facilities, leading to lower openings across Japanese and South Korean equity markets. Meanwhile, a U.S. House hearing on cryptocurrency taxation signaled further legislative progress, reinforcing policy-driven optimism for the compliant digital asset sector.