Category: News

Bitwise’s latest quarterly report paints a familiar picture where their Large Cap Crypto Index slid 15.4% through Q2 2026 marking the third consecutive red quarter and the longest streak since 2022. Yet even with those price dips the sector itself including stablecoins tokenized assets and prediction markets keeps building strength underneath.

Prices Took a Hit While Core Foundations Grow Stronger 🕸️

Eight out of the ten index assets closed the quarter lower with Cardano leading the losses at nearly 40% down and over 56% for the year so far. Ethereum dropped 24.66% while XRP fell 20.79% and Solana eased back only 10.87% though its yearly decline reached 40.61%. Bitcoin endured its roughest June in four years slipping below 60000 and sitting 49% off the October 2025 peak above 126000. Two names still climbed free of the red wave though: Hyperliquid surged 79% and Stellar gained over 10% with the former staying massively green on the year at nearly 158%.
Around 40% of altcoins now linger near their lifetime lows rising toward 45% once Bitcoin cracked below that 60000 line. On-chain metrics trading volumes and DeFi TVL all eased back this period yet prediction market turnover hit a fresh record of 43.2 billion almost 18 times the prior year. Tokenized real world assets climbed more than 50% year to date nearing 33 billion while crypto equities outpaced the broader market with the Bitwise Crypto Innovators 30 Index advancing 30.6%. Stablecoins processed 2.3 times the settlement value of Visa and now hold more US Treasuries than Norway India Brazil or Saudi Arabia combined. Revenue among apps also grew more concentrated with Hyperliquid PancakeSwap and Aave each generating roughly 900 million over the past twelve months.

Activity Levels Have Already Doubled From the 2022 Bottom 🌙

Compared with the matching point in the last cycle Ethereum transaction counts now run roughly 13 times higher DeFi TVL sits more than 60% above that earlier mark and stablecoin assets under management have doubled. Only pricing has lagged behind the expanded usage improved infrastructure greater liquidity and clearer traditional finance involvement so the market continues to value crypto at bearish levels despite an industry operating at nearly twice the prior scale.

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Euro Coin (EURC) saw a sharp increase in on-chain activity as both daily active addresses and new wallet creation reached all-time highs in its four-year history according to Santiment.

Record On-Chain Surge Shakes Things Up 🖤

The surge likely reflects growing demand for regulated euro-denominated stablecoins as the EU’s Markets in Crypto-Assets (MiCA) framework encourages exchanges payment providers and crypto applications to adopt compliant digital assets. Circle’s EURC has emerged as one of the leading euro-backed stablecoins in this environment particularly as usage for these tokens continues to expand beyond traditional US dollar trading pairs. Santiment said the latest on-chain data indicates euro liquidity is becoming increasingly important across blockchain networks.

[Santiment on-chain data post]

— Santiment (@SantimentData) June 18 2025

The analytics firm also linked the increase in activity to recent developments within Circle’s ecosystem broader cross-chain expansion of stablecoins and renewed interest in compliant payment infrastructure. Circle issues EURC through Circle SAS with the regulated euro-backed stablecoin available on networks including Ethereum. It has also continued expanding EURC support across additional blockchain ecosystems. This includes enabling USDC and EURC on Cronos while investing in broader stablecoin infrastructure.

MiCA’s Compliant Euro Stablecoin Scene Unfolds 🌙

Santiment said that although stablecoins do not typically experience price rallies like other crypto assets rising activity around EURC points to growing underlying demand within Europe’s blockchain-based payment ecosystem. The market for MiCA-compliant euro stablecoins currently consists of eight fully authorized tokens which offer regulated options for different types of users. EURC is the largest by market capitalization and is joined by Société Générale’s EURCV which is designed for institutional and wholesale settlement. Monerium issues EURE as a regulated e-money token while Schuman Financial offers EUROP a newer entrant focused on the European market. StablR’s EURR is a cash-backed euro stablecoin and Quantoz Payments issues the MiCA-compliant EURQ. EURI issued through Banking Circle is among the three largest euro stablecoins by market capitalization while EURAU is the newest addition launched by AllUnity. The combined market capitalization of the eight tokens grew from around $295 million to $669 million over the past year an increase of about 126%.

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin-backed preferred shares STRC and SATA shattered records with combined trading volumes topping 10 billion dollars in June as BTC plunged and dragged both below the 100 dollar par line 🖤
According to BitcoinTreasuries.net data Strategy’s STRC alone clocked 8.7 billion while Strive’s SATA added 1.5 billion amid the dip near 57,000 dollars.

June Trading Sets New Preferred Stock Record 🌙

BitcoinTreasuries latest corporate adoption report shows that STRC’s 8.7 billion marked a 20.8 percent leap from May’s 7.2 billion and sat 11.5 percent above April’s 7.8 billion reaching over 52 percent higher than March volumes after a quiet start.
Strat egy volumes had already hit 2.2 billion in February before surging 159.1 percent in March with January at 2.4 billion and December 2025 closing at 1.2 billion.
The aggregator flagged June as the first real stress test for these digital credits once STRC and SATA slid below par from June 18 onward with margin calls forcing leveraged traders to unwind after months hovering near par.

Strategy Strive Metaplanet Lead in Issuer Confidence 🕸️

After BTC breached below 60,000 STRC clawed back to roughly 87 dollars by July 2 from a low of 75 while SATA held near 97. A BTN survey revealed investors stayed firm with over half unconcerned by the drop and 84 percent refusing to sell either name during the slide while 52 percent actually scooped up shares post June 18.
The survey noted Strategy holds 847,363 BTC bought at an average 75,651 dollars framing the dividend as a cash flow matter rather than solvency risk. No issuers missed payments or saw credit shifts since mid June.
Respondents eyed Strategy for the biggest future issuance expecting between 10 billion and 30 billion dollars by end of 2027 followed by Strive at 2 billion to 5 billion then Metaplanet Smarter Web Company and Bitmine. 78.4 percent ranked Strategy most promising 74.5 percent picked Strive second and 49 percent chose Metaplanet third.

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Just another echo from the void by iconofsin.eth 💖

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It was another eventful week in the cryptocurrency markets, dominated by negative news, but BTC has somehow managed to stay afloat and mark some gains. Recall that Bitcoin began its recovery last weekend after it had dipped below $58,000 earlier that week for the first time in nearly two years. However, it quickly rebounded and reclaimed the $60,000 resistance. It kept climbing on Friday and Saturday and tapped $63,300 before it retreated slightly to $62,500 on Sunday.
Monday started on the right foot, with a surge to $64,000 for the first time in two weeks. However, the largest corporate holder of Bitcoin announced its second sale in under two months at that point, resulting in immediate chaos. As this one was a lot more significant, with the company offloading over 3,500 units, BTC’s price reacted with a painful decline to $61,200.
Instead of plunging further as it did after the previous sale in early June, though, the bulls stepped up and drove it north to almost $64,800. Another leg down followed in the middle of the week, and BTC slipped to $61,600 as the US and Iran launched new strikes against each other in the Middle East and the POTUS said the MoU between the two is over.
Nevertheless, Bitcoin bounced off again as the two warring countries are reportedly setting up new talks. It jumped to $64,500 minutes ago, showing a 3.5% weekly increase. ETH is up by almost 3% in the same timeframe to $1,800, while ZEC, UNI, and BCH have marked even bigger gains. In contrast, SOL, DOGE, RAIN, and XLM are deep in the red 🖤.

Market Vibes 🌙

Market Cap: $2.29T | 24H Vol: $61B | BTC Dominance: 56.5%.
BTC: $64,450 (+3.5%) | ETH: $1,800 (+2.7%) | XRP: $1.11 (-0.35%).

Why Strategy’s Sale Could Be A Secret Win 🕷️

Although Strategy’s sale resulted in an immediate nosedive, BTC’s ability to rebound in the following days led to speculation that the move is not as bearish as many thought. This is because it could be a positive step that strengthens confidence in the company’s financial structure.

Ripple Snags Full MiCA License In Europe

One of the most significant Ripple-related news this week came from Europe as the company received full authorization to operate as a Crypto Asset Service Provider in the Old Continent from Luxembourg’s regulator. This allows it to offer its regulated crypto payments platform throughout the European Economic Area.

Hoskinson Calls Out Ethereum’s Cardano Copycat Moves

Hoskinson accused Ethereum of copying Cardano’s innovations, particularly in UTXO payment models, without proper acknowledgment. Ethereum’s proposal aims to reduce state storage for payments, drawing from Cardano’s long-established concepts.

SOL’s FUD Storm Might Flip Bullish

SOL’s painful decline over the past week led to a large wave of negative comments online and low trading volumes. However, the analysts from Santiment indicated that such environments typically lead to market reversals and more profound rallies.

Analyst Eyes ETH Rebound With Glamsterdam Looming

The largest altcoin trades roughly 65% away from its peak, but the upcoming Glamsterdam upgrade could trigger a sharp rebound. Although the social interest remains low, analysts outlined a divergence between steady on-chain usage and weak social media presence that often leads to major price changes.

Bitmine Stacks Another 42K ETH For Big Rewards

The former bitcoin miner accumulated another 42,197 ETH over the previous week and now controls roughly 4.8% of the asset’s circulating supply. Although its unrealized losses are still well into the billions of dollars, it continues to stake more ETH and expects over $200 million in annualized staking rewards.

Chart Breakdowns For The Week

This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis.

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Just another echo from the void by iconofsin.eth 💖

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