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In June, Bitcoin futures volume decreased by 20% month-on-month, continuing the seasonal trend of the past three years.

In June, Bitcoin futures trading volume decreased by 20% month-on-month, recording only $1.55 trillion, continuing the seasonal trend of the industry, indicating that summer is often a low season for the crypto market, and the market may face a quiet trading summer.
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Analysis: In June, Bitcoin futures volume decreased by 20%, and the market may face a risk of decline.

In the first five months of 2025, the average monthly trading volume of Bitcoin futures was $1.93 trillion, but it dropped to $1.55 trillion in June, a decrease of about 20%. The trading volume also fell in the same month last year, and the market may be in for another quiet summer.
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The Phoenix investors accuse it of being involved in an exit scam, and the project owner has filed a motion to dismiss the lawsuit.

Investors accuse the person in charge of the cryptocurrency project The Phoenix, Daniel Ianello, of being involved in an exit scam and have filed a lawsuit. The plaintiffs claim he closed the smart contracts and transferred investors' funds. Ianello requests to dismiss the lawsuit, denying any connection to securities sales.
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Derive: As the volatility of BTC and ETH decreases in June, options traders are betting on a "big market" in July.

Sean Dawson, the research director at Derive, stated that the implied volatility of Bitcoin and Ethereum decreased in June, as traders positioned themselves in anticipation of a market breakout. Despite the escalation of the situation in the Middle East causing short-term fluctuations, the market remains optimistic about future trends, especially Ethereum, with traders betting on significant movements in July.
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The first unicorn of the Telegram encryption ecosystem is born: TON developer TOP completes $28 million Series A financing, valued at $1 billion.

Focusing on the Telegram Open Network (TON) protocol and application developers, The Open Platform(TOP) announced on Thursday that it has completed a $28 million Series A funding round, achieving a valuation of $1 billion, becoming the first encryption unicorn in the Telegram blockchain ecosystem.
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Cathie Wood: We are still in a Bitcoin bull run.

Golden Finance reported that ARK Invest CEO Cathie Wood stated in the company's podcast "In the Know", "We are still in a bull run for Bitcoin."
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The President of Colombia announced the recall of the ambassador to the United States.

Jin10 Data, July 4 - On July 3 local time, Colombian President Petro announced that in light of the United States recalling its acting ambassador to Colombia, John McNamara, Colombia has decided to recall its ambassador to the U.S. Recently, U.S. congress members criticized President Petro on social media, which was rebutted by the Colombian ambassador to the U.S., leading to a diplomatic crisis between the two countries.
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Riot Platforms mined 450 BTC in June and currently holds 19273 BTC.

BlockBeats news, on July 4th, according to The Block, Bitcoin mining company Riot Platforms (RIOT) mined 450 BTC in June, worth 49.26 million USD. Compared to the 255 BTC mined by the company in June 2024, this represents a 76% rise, but is a 12% decrease from the 514 BTC mined last month. The company currently holds 19,273 BTC and sold Bitcoin worth 41.7 million USD in June.
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Game studio Distinct Possibility Studios has completed a $30.5 million financing round, co-led by Bitkraft Ventures and Brevan Howard Digital.

According to ChainCatcher news, The Block reports that game studio Distinct Possibility Studios has completed a funding round of $30.5 million, led jointly by Bitkraft Ventures and Brevan Howard Digital.
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In the first half of the year, stablecoins accounted for 74.6% of the total volume of institutional OTC Trading, with USDC trading volume rising 29 times year-on-year.

Finery Markets' latest report shows that in the first half of 2025, stablecoins accounted for 74.6% of institutional OTC Trading volume, a significant rise. USDC volume increased 29 times year-on-year, driving the rapid expansion of stablecoin trading. Overall OTC Trading volume increased by 112.6%, with stablecoin and Crypto Assets trading pairs experiencing a surge in liquidity, indicating that stablecoins are the fastest growing segment of the crypto market.
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In the first half of the year, stablecoins accounted for 74.6% of the total volume of institutional OTC Trading, with USDC trading volume rising 29 times year-on-year.

The Finery Markets report shows that stablecoins accounted for 74.6% of institutional OTC Trading in the first half of 2025, a significant rise. USDC's volume increased 29 times driven by new regulations. Overall OTC Spot trading volume grew by 112.6%, with stablecoins rising by 154%. Stablecoins have become the fastest-growing segment in the crypto market.
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Franklin Templeton: The outlook for corporate encryption financial strategies is fraught with uncertainty, presenting a "dangerous" feedback loop risk.

Franklin Templeton analysts report a warning that corporate encryption financial strategies are full of uncertainty in the future, influenced by market fluctuations and price-to-book ratios, which may trigger negative feedback loops, exacerbating the fall in coin prices and the collapse of investor confidence. Maintaining price-to-book ratio premiums and coping with fluctuation capabilities are crucial for the survival of enterprises.
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Crypto market dynamics: Bitcoin is poised to challenge historical highs, alts are rising all around.

The total market capitalization of crypto assets approached $3.4 trillion at Wednesday's close, with a rise of nearly 3% within 24 hours. The price movement of Bitcoin continues to be strong, heading towards the $110,000 mark, creating more upward space for altcoin trends: Ethereum surged 6%, while both DOGE and ADA rose over 7%.
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Ethereum ( ETH ) price analysis: Breakthrough of the key resistance level at $2500! 7.5% daily rise ignites bullish sentiment.

On Wednesday, the price of Ethereum surged over 7% from its intraday low, reaching the $2550 mark and successfully breaking through a key resistance level. This "king of altcoins" strongly rebounded from the $2380 support level, climbing all the way up to the $2585 area, setting a two-week high.
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Over 40 malicious Firefox extensions impersonating mainstream encryption wallets like MetaMask can steal user credentials.

Gate News bot message: Security researchers have discovered a large-scale cybercrime operation that uses dozens of fraudulent Firefox browser extensions to steal users' Crypto Assets Wallet credentials.
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A law firm in New York has filed a class action lawsuit against Strategy, accusing it of misleading investors regarding Bitcoin investment information disclosure.

Gate News bot news, the New York law firm Pomerantz LLP has filed a class action lawsuit against the Strategy company led by Michael Saylor, accusing the company of making false and misleading statements regarding the profitability of its Bitcoin investment strategy, in violation of federal securities laws.
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Bitcoin (BTC) price prediction: Public company purchases exceed ETF, BTC is set to refresh the historical high of $112,000.

FXStreet analyst Alexander Kuptsikevich stated today that the market capitalization of Crypto Assets is approaching $3.40 trillion. The momentum of Bitcoin towards the $110,000 mark has created conditions for a larger pump in alts, with Ethereum rising 6%, and DOGE and Cardano rising over 7%.
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Founder of SkyBridge Capital Scaramucci: The craze for Crypto Assets reserve companies will eventually subside.

According to Bloomberg, hedge fund founder Anthony Scaramucci of SkyBridge Capital believes that the recent trend of publicly listed companies mimicking the Crypto Assets treasury strategy is just a short-term fad that will eventually fade away.
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Crypto Assets market liquidates 258 million dollars in short positions! Two major "bullish" factors in the United States stimulate the rise of Bitcoin, Ethereum, and Ripple.

Due to the tariff agreement reached between the United States and Vietnam, as well as the increase in global M2 money supply, Bitcoin (BTC) rebounded today (3rd) to above 108,800 USD, with open interest (OI) surging to 689,780 BTC, worth approximately 7.5 billion USD. The overall Crypto Assets market also rose alongside BTC, with major alts Ether (ETH), Ripple (XRP), and Solana (SOL) increasing by 7%, 3%, and 4% respectively.
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Cryptocurrency analyst Willy Woo: Bitcoin shows the strongest correlation with global liquidity.

Gate News bot message, encryption analyst Willy Woo pointed out on Twitter: "Among all macro assets, Bitcoin is the most sensitive to global liquidity. Global liquidity equals money printing. This is a wonderful thing. As central banks print money, Bitcoin grows larger, and fiat becomes colder."
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Crypto Assets trader Get Liquidated with a loss of 824K dollars, AguilaTrades profits 1.2 million dollars against the trend.

Gate News bot message: According to the latest trading data, trader The Gambler (@qwatio) faced partial liquidation on short positions with 40x leverage in Bitcoin ( and 25x leverage in Ether ), resulting in a loss of $824,000, while also having a floating loss of $3 million. Another trader AguilaTrades (@AguilaTrades) has closed the position.
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Trump calls for the passage of the "Great and Beautiful Act" to revitalize the American economy.

Gate News bot message, Trump recently emphasized the importance of the "Big and Beautiful Act" in a social media post. He pointed out that there is currently an unprecedented scale of investment in the United States, with 100s of billions in tariff revenue setting new records. In his post, Trump stated: "We're coming out of the horrible mess left by Joe
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DeFi Development disclosed details of 112.5 million financing, with some funds used to purchase SOL.

Solana reserve strategy company DeFi Development Corp (DDC) disclosed details of its $112.5 million private sale financing, including $75.6 million for "prepaid forward" equity trades, with the remaining funds used for acquisition of SOL, etc. The convertible note annual interest rate is 5.5%, expected to be completed in July.
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Thesis completes the acquisition of the Bitcoin rewards platform Lolli

According to Gate News bot and a report by The Block, the Bitcoin venture capital firm Thesis has completed the acquisition of the Bitcoin rewards platform Lolli, which will make Lolli a part of the Thesis ecosystem. The specific terms and amount of the transaction have not been disclosed by either party. It is worth noting that Thesis previously incubated another
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Bit Digital announced financing of $162.9 million and transitioned to an Ethereum treasury.

Gate News bot message, Nasdaq-listed company Bit Digital (BTBT) announced that it raised approximately $162.9 million in net proceeds through a stock issuance. According to The Block, the company plans to use these funds to establish an Ethereum treasury and undergo a business transformation. Bit Digital has decided to sell approximately 417.6 Bitcoins currently held.
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Favourable Information! The SEC has approved Grayscale's GDLC to convert into an ETF. How will the performance of BTC, ETH and other tokens be?

The SEC has approved Grayscale's application to convert its digital large-cap fund into a spot exchange-traded fund (ETF). This decision integrates Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA), providing U.S. investors with a new investment vehicle.
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Bitcoin fell to around 106,000 dollars as traders avoided risks ahead of key data releases in the US.

Bitcoin and Ethereum have recently fallen in price, standing at $106,013 and $2,423 respectively. The market is still in a cooling consolidation phase, and investors remain cautious about the upcoming economic data. Concerns about the macroeconomic situation and the Trump tax plan are affecting market sentiment.
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In June, CEX spot trading volume hit a nine-month low, while DEX volume grew to a record 390 billion dollars.

Gate News bot message, according to The Block, in June the CEX spot trading volume fell to 1.07 trillion USD, hitting a nine-month low, while DEX trading volume continued to rise.
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SEC approves Grayscale Digital Large Cap Fund to convert to ETF

According to Gate News bot, The Block reported that the SEC( took an "accelerated" approach to approve the rule change proposal from the New York Stock Exchange Arca. After the proposal was approved, shares of Grayscale Digital Large Cap Fund LLC were allowed to be traded. The SEC approved this regulation under Section 19)b()2( of the Exchange Act.
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The Ethereum Community Fund has officially launched, focusing on infrastructure development and deflationary mechanisms.

Gate News bot message, according to The Block, the Ethereum Community Foundation led by Zak Cole (ECF) has been officially established. The foundation has raised millions of dollars in ETH, focusing on supporting institutional adoption of Ethereum infrastructure. The funds of ECF will be used to support "immutable and non-token" projects, focusing on those that can promote the ETH deflationary mechanism.
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The ratio of DEX to CEX futures trading volume reached 8%, setting a new historical high.

According to a report by Jinse Finance and the latest data from The Block, the ratio of decentralized exchange (DEX) futures trading volume to centralized exchange (CEX) trading volume reached a historic high of 8% in June 2025, significantly up from 6.84% last month and 4.78% in the same period last year. Hyperliquid is the main driving force, and although its trading volume decreased by about 15% month-on-month in June, its market share increased from 69.77% in May to 75%. At the same time, APX Finance saw its trading volume soar by 350% month-on-month in June, reaching $34 billion, driven by incentive programs.
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SEC accelerates approval of Grayscale Digital Large Cap Fund conversion to ETF

According to Gate News bot, The Block reported that the SEC has accelerated the approval of the New York Stock Exchange Arca's proposed rule change regarding the listing of Grayscale Digital Large Cap Fund LLC shares. The SEC approved the rule change (SR-NYSEARCA-2024-87)( under Section 190 of the Exchange Act ).
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The Ethereum Community Fund (ECF) was established to promote the development of ETH infrastructure.

According to Gate News bot, The Block reports that Ethereum core developer Zak Cole has announced the establishment of the Ethereum Community Foundation (ECF). The foundation focuses on promoting the application of Ethereum infrastructure at the institutional level. ECF plans to enhance the practical value of ETH by funding "immutable, tokenless" projects. Base
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Anthropic's annual revenue reaches 4 billion USD

Golden Finance reports, according to The Information: Anthropic's annual revenue has reached $4 billion.
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The Federal Reserve (FED) Chairman Powell emphasized focusing on statutory responsibilities at the European Central Bank event.

Gate News bot消息,据Jin10报道,在葡萄牙举办的欧洲Central Bank活动中,The Federal Reserve (FED)主席鲍威尔针对特朗普的批评作出回应。面对关于特朗普频繁人身攻击是否加大工作难度的提问,鲍威尔明确表示:"I only focus on doing my job. What's important is us
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Trump expresses his views on the relationship between DOGE and Musk.

Gate News bot消息,特朗普对DOGE与马斯克之间的关系作出回应。他直接表态:"DOGE will watch Musk, if DOGE likes Musk, we could save a lot of money, don't care about Musk's criticism of the tax bill."
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The Hong Kong SAR Government announced the list of 20 members of the Task Force on the Development of the Third Generation Internet.

Gate News bot message, PANews reported on July 1 that the Hong Kong SAR government announced the list of new unofficial members of the third-generation internet development task force on June 30. A total of 20 members were appointed and reappointed, with a term starting from July 1, 2025, for a duration of two years. The government spokesperson emphasized that since the specialized team in 2023
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The DEX Vooi supported by YZi Labs has launched its V2 Mainnet.

Odaily News YZi Labs supported DEX Vooi has launched V2 Mainnet, aiming to unify cross-chain spot trading and Perptual Futures, providing Liquidity. (The Block)
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The three major indices of the US stock market fell at the opening, with the Dow Jones having the smallest decline.

According to the latest market data from the Gate News bot, the US stock market opened with a downward trend on July 1st. The Dow Jones Industrial Average fell by 0.15%, the S&P 500 Index dropped by 0.30%, while the Nasdaq Composite Index saw the largest decline at 0.39%.
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Trump stated that the passage of the tax and spending bill would be postponed.

According to Gate News bot, citing CCTV News, on July 1 local time, U.S. President Trump stated that he would delay the deadline for his domestic policy bill. Trump originally planned to pass this "big and beautiful" tax and spending bill before July 4. Regarding the progress of the bill, Trump pointed out: "I don't want to go too
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Bitwise insists that Bitcoin could reach $200,000 within the year, but is cautious about the prospects for ETH and SOL.

Odaily News Bitwise Chief Investment Officer Matt Hougan stated that Bitwise is holding firm on its 2025 Bitcoin price target of $200,000, citing strong institutional demand; however, he is not very confident that ETH and SOL will reach new highs this year. (The Block)
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TD Cowen: Maintains a "Buy" rating on Strategy

TD Cowen stated that despite the risks, it is reasonable for the stock price of Strategy to trade at a premium to its Bitcoin net asset value, as its equity-BTC loop model promotes the rise of stock prices and Bitcoin purchases, reiterating a "buy" rating and setting a target price of $1625.
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U.S. Treasury Secretary Yellen pushes for a vote on the tax bill, rebutting Musk's claims about deficits.

According to Gate News bot, Fox News reported that U.S. Treasury Secretary Bessent is moving forward with the voting process for the tax bill ("Big and Beautiful Act"). The bill aims to achieve benefits for the working class, including expanding the coverage of the Medicaid program and providing support for mothers, children, and other groups in need. for
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The U.S. Congress vetoed the "End Corruption in the Encryption Sector" amendment.

Gate News bot message, PANews July 1 news, the U.S. Senate voted 46 in favor and 54 against, rejecting the amendment "Ending Corruption in the Crypto Assets Space" proposed by Senator Jeff Merkley. The amendment aimed to prohibit elected officials from gaining improper benefits through the promotion of Crypto Assets. After the voting results were announced, M
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The U.S. Department of Justice claims that North Korean agents have stolen Crypto Assets and data.

The U.S. Department of Justice has charged North Korean agents with impersonating American citizens to remotely steal Crypto Assets and sensitive information, involving over $900,000 in theft and Money Laundering through Tornado Cash. A lawsuit has been filed, one person has been arrested, and 29 accounts have been seized to combat North Korean fraud.
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The UK digital services company The Smarter Web Company increased its holdings by 230 Bitcoins.

According to Gate News bot, PANews reported that the UK-listed digital services company The Smarter Web Company announced on July 1st that as part of its "ten-year plan," the company has acquired an additional 230.05 Bitcoins. The average purchase price was £78,103 (approximately $107,126) per coin, with a total investment of £17,967,600.
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The Blockchain Group plans to raise 11 million euros to increase its Bitcoin holdings.

Gate News bot message, according to NLNico, The Blockchain Group is planning to raise 11 million euros in funding through equity and Convertible Bond to increase its holdings in Bitcoin. The convertible bonds issued by the company this time do not include preferential subscription rights, and the conversion price is €5.174 per share. Among them, TOBAM and Adam Back subscribed for 500.
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The Blockchain Group raised approximately 11 million euros to increase its holdings of BTC.

BlockBeats news, on July 1st, Europe’s first Bitcoin reserve company The Blockchain Group raised approximately 11 million euros to increase its BTC holdings.
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The Smarter Web Company increased its holdings by 230.05 Bitcoins

According to BlockBeats news on July 1, the London-listed technology company The Smarter Web Company announced an increase in its holdings of 230.05 Bitcoins, with an average purchase price of $107,126. The company's total holdings now amount to 773.58 Bitcoins.
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Musk: What is the significance of the US continuously raising the debt ceiling?

Gate News bot message: Musk stated on X: "What’s the point of a debt ceiling if we keep raising it?"
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