activity

According to Decrypt, CryptoQuant data shows that despite Bitcoin's price dropping nearly 50% from its historical peak, network activity continues to rise, recently reaching its highest level since the end of 2024, only 7% lower than the historical peak in September 2024. Analysis points out that this is the first sustained activity above the trend line since mid-2024, contrasting sharply with the bearish price trend of Bitcoin.However, while activity is growing, the economic value of transactions is significantly low. Transactions of less than 0.01 BTC and less than 0.001 BTC have increased from 44% in 2023 to about 80%. CryptoQuant considers this a sign of "protocol-driven activity": high transaction volume but low individual value.The usage of OP_RETURN also surged to near historical highs in 2026, involving applications such as Bitcoin NFT activity and timestamp services. Bitcoin's price has dropped 17% over the past 30 days, currently around $63,865.

The second round of the World Cup group stage schedule is halfway through, with some teams having already secured or are close to securing qualification, while several teams still need to determine their fate in the third round. In today's matches, Spain defeated Saudi Arabia 4-0, Belgium drew 0-0 with Iran, Uruguay drew 2-2 with Cape Verde, and New Zealand lost 1-3 to Egypt. As the group stage enters a critical phase, situations where the pre-match high probability directions do not materialize are still frequently occurring, further amplifying the risk of unilateral positions for prediction market users.Base's native leverage prediction market OmenX officially launched the World Cup Hedge to Earn airdrop event today, currently distributing hedge positions to all Polymarket users with positions. After users connect their Polymarket wallets, OmenX will identify their eligible positions; if there are relevant events on the platform, corresponding hedge positions will be issued; if there are no matching relevant events, recommended position airdrops will be provided to help users experience hedging and position management.OmenX stated that Hedge to Earn aims to help prediction market users transition from "unilateral prediction" to "position management." For high-volatility events like the World Cup, users can obtain hedging rewards through OmenX, adding a layer of risk buffer to their existing Polymarket positions.

CryptoQuant data shows that Bitcoin network activity has risen to a level approximately 7% away from the historical peak in September 2024, and has broken through the long-term trend line for the first time since mid-2024, primarily driven by a large number of small transactions rather than traditional economic payment activities. The daily number of Bitcoin transactions in 2026 has exceeded 800,000, more than doubling from the low point in 2025, approaching the cycle peak from 2023 to 2025.CryptoQuant believes that this growth has structural characteristics rather than being a short-term fluctuation. Among these, small transactions below 0.01 BTC now account for about 80%, significantly higher than about 44% in 2023. This change is closely related to the usage of OP_RETURN, which is near historical highs. CryptoQuant points out that protocols such as Runes, Ordinals, BRC-20, and data timestamp services generate a large number of low-value transactions by writing data to the blockchain, with some transaction amounts as low as 546 satoshis.As inscription activities increase, the number of transactions in the Bitcoin mempool has risen to about 128,000, the highest level since February 2025. Although still below the extreme congestion levels of September 2023 and November 2024, the report suggests that non-financial use transactions are occupying an increasing amount of Bitcoin network throughput, and if this trend continues, it may drive up transaction fees for time-sensitive economic transactions.Meanwhile, the rise in on-chain activity contrasts with the flow of funds. There has been a net outflow of over $528 million from Bitcoin and Ethereum spot funds; however, institutional investors still view ETF fund flows as the core driving force of this cycle and maintain the benchmark expectation that Bitcoin will reach $150,000 by the end of the year.

According to CoinGlass data, BTC is currently priced at $64,061.4, with a total spot trading volume of approximately $6.558 billion, of which Gate's trading volume is about $1.143 billion, ranking among the top three in the market.As for ETH, it is currently priced at $1,733.32, with a total spot trading volume of approximately $2.960 billion, of which Gate's trading volume is about $481 million, ranking among the top three in the entire network. Meanwhile, the total contract trading volume for ETH is approximately $51.467 billion, with Gate's trading volume at about $6.540 billion, ranking third. Despite the short-term market correction, Gate continues to maintain a leading position in trading depth and liquidity performance in the BTC and ETH spot and derivatives markets.

Tria announced the launch of the World Cup event prediction activity Tria FC, based on the existing third quarter ecological activities. This event went live on June 16, Eastern Time, and will continue until July 19, when the World Cup final concludes.During the event, users can participate in daily match result predictions for free within the Tria app. Correct predictions will earn Tria points as rewards. The event points, combined with the points users earn from their daily active behaviors in the app (such as card payments, transactions, referrals, etc.), will be included in the new Tria FC leaderboard.It is reported that this event has established a total prize pool of $15,000, which will be mainly distributed to the top three users on the points leaderboard and the user with the most accurate predictions. To ensure that the winners are genuine active users, participants sharing the grand prize must make at least one valid prediction during the event and accumulate no less than 12,000 Tria points.

According to Jinshi reports, the Federal Reserve FOMC statement indicated that despite the high uncertainty brought by the Middle East conflict, economic activity continues to expand at a steady pace.

According to The Block, the activities of Pump.fun, the meme coin launch platform that once dominated Solana, have continued to deteriorate, with token graduation rates, revenue, and network fees all significantly declining. The 7-day average token graduation rate for Pump.fun dropped to 0.26% last week, an 80% decrease over three months. Daily revenue is only about $800,000, far below the $4.8 million from six months ago. The PUMP token has fallen 40% in the past six months. The decline of Pump.fun has affected the Solana network, with daily fees on the Solana network dropping to 5,300 SOL, well below the 33,000 SOL in January. Analysts believe that a large amount of capital that previously participated in Solana meme coins has shifted to perpetual contract trading on Hyperliquid, consistent with the rapid growth of HIP-3.

Glassnode published an analysis on platform X indicating that its cumulative trend score metric shows that after Bitcoin's price dipped to the $60,000 range in early June, the overall behavior of on-chain addresses has clearly shifted towards accumulation.This metric measures the intensity of accumulation behavior on-chain by combining holding size and recent balance changes, with a value close to 1 representing widespread accumulation and a value close to 0 indicating ongoing distribution.

Analyst Darkfost stated that since Bitcoin reached its peak of $82,700 in May, it has now entered a correction phase, with a recent maximum cumulative decline of over 28%. After breaking below the psychological threshold of $60,000 a few days ago, this threshold has reignited concerns among market participants, including whales.As the pullback deepens, the activity of whales on the Binance platform has significantly increased—daily inflows to the platform have repeatedly exceeded 6,000 BTC, with a peak of over 8,000 BTC recorded in early June. Over the past month, whales have averaged a daily transfer of 3,200 BTC to Binance, compared to only 1,200 BTC at the end of April, an increase of over 160% in just a few weeks.Darkfost believes that this trend indicates that a large number of holders have increased their selling pressure during the recent decline, or at least their willingness to sell has significantly strengthened. Although whales are generally seen as more rational BTC investors, they are not completely immune to market pressures. In an environment where macro and geopolitical uncertainties remain high, some whales may choose to reduce their exposure and close positions to preserve capital and mitigate potential downside risks in the event of further market deterioration.

Today, multiple popular sports events are taking place. In the World Cup group stage, Qatar drew 1-1 with Switzerland, Brazil drew 1-1 with Morocco, Scotland defeated Haiti 1-0, and Australia defeated Turkey 2-0. In the NBA Finals, the Knicks defeated the Spurs 94-90, winning the NBA Championship with a total score of 4-1.Data from OmenX, the native leverage prediction market, shows that as the World Cup group stage fully unfolds and the NBA Finals conclude, the trading activity in the OmenX sports prediction market continues to heat up. In the past 24 hours, the trading volume related to OmenX sports prediction markets reached over 6 million USD. Among them, the total trading volume for World Cup-related markets reached 80 million USD, while the total trading volume for NBA Finals-related markets reached 30 million USD.Recently, OmenX has launched a new sports page and introduced related prediction markets and themed activities around the World Cup events, supporting users in leveraged prediction trading regarding match results, championship titles, and popular sports events.

Gate Square officially launched the "#My Gate Trading Moment" themed content collection activity, which will take place from June 10 to June 23, 2026. Users can share their trading reviews, market opinions, investment insights, or advice for Crypto newcomers based on their investment experiences with BTC, meme coins, contracts, US stocks, gold, prediction markets, and more.The activity will be simultaneously covered on the X platform and Gate Square, where participants on the X platform can receive up to 1,000 USDT as an individual reward, and the prize pool can be increased to over 10,000 USDT; Gate Square will also offer multiple incentives such as daily best content awards, continuous participation awards, lucky participation awards, and first-time user rewards. In addition, Gate Square has recently upgraded its certified creator incentive program, launching monthly creation rewards and traffic support rights for high-quality content creators. Users who successfully apply for Gate Square certified creator status can participate in a monthly creation incentive program with over $20,000.During the content collection activity, users can participate in the selection and win rewards by posting original content with the topic "#My Gate Trading Moment" and tagging @Gate__Square on the X platform, or by posting original posts with related topics on Gate Square. Gate aims to accumulate more high-quality content with reference value through real trading stories and market reflections, helping investors grow together.

According to the official announcement, Gate's holding interest program has launched with USD1 and has a limited-time financial activity. During the event, users holding USD1 in their asset accounts can automatically participate in the profit plan, enjoying up to 20% annualized returns. The minimum holding requirement is only 1 USD1, and users can earn daily profits without locking their funds, balancing liquidity and profit experience.As the industry's first platform for contract holding interest, Gate has achieved comprehensive coverage of both spot and contract tracks. Gate's holding interest supports over 20 mainstream crypto assets, including USDT, BTC, ETH, SOL, FLR, ATOM, etc., meeting the diverse asset allocation needs of different users. Users can continuously earn profits without additional operations, without affecting the use of trading, withdrawal, and other functions, achieving a more efficient utilization of funds.

According to CoinDesk, an address from the "Satoshi era" that has never been used since March 2011, holding 35.55 bitcoins (approximately $2.54 million), made a transfer this week, which is seen as one of the first publicly visible responses from defendants in a lawsuit involving approximately 3.8 million bitcoins (valued at about $285 billion) in New York.On-chain data shows that the address transferred 15 BTC to a new address on June 2, keeping the remaining 20.55 BTC as change. The address initially received bitcoins on March 27, 2011, when the price of BTC was less than $1.In March of this year, a plaintiff using the pseudonym "Noah Doe" filed a lawsuit in New York state court alongside two LLCs from Wyoming, attempting to claim ownership of approximately 3.8 million long-dormant bitcoin wallets under New York's lost property law, positioning themselves as the "discoverer." The court approved sending on-chain notifications to the relevant wallets via the bitcoin OP_RETURN field.In July 2025, the advisory firm Salomon Brothers Strategic Advisors sent dust transactions with links to legal notices to 39,000 wallets, including the aforementioned address, requesting holders to prove ownership within 90 days.Alex Thorn, head of research at Galaxy Research, pointed out that the address corresponds to defendant number 38215 in the case, stating, "Clearly, these bitcoins have not actually been abandoned."Additionally, another address that had been dormant for 15 years, 1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp, also transferred 20 BTC (approximately $1.48 million) on the same day, but this address did not appear on Noah Doe's list of lawsuits.Analysis suggests that the on-chain movements mentioned above indicate that some bitcoins from the Satoshi era, considered "abandoned assets," are actually still under the control of the original holders.

Against the backdrop of major U.S. stock indices being generally under pressure, the chip and storage sectors performed relatively strongly. According to Gate market data, Marvell Technology (MRVL) rose 3.56% on the day, closing at $291.64. According to CoinGlass data, the 24-hour trading volume of MRVL contracts on the Gate platform reached $10.09 million.Gate Stock allows users to trade over 10,000 mainstream U.S. stocks and ETFs using USDT, covering major U.S. securities trading markets and liquidity networks such as NYSE, Nasdaq, NYSE Arca, NYSE American, and BATS, and supports fractional trading starting from a minimum of 0.01 shares. Gate Stock has now fully integrated into the VIP tier system, where users only need to hold $2,000 to easily upgrade to VIP status, enjoying an exclusive trading fee rate of as low as 0.023% and 1V1 customer manager service. Leveraging Gate's unified account system, users can achieve one-stop management and allocation of digital assets and global securities assets on the same platform, further enhancing cross-market investment efficiency.

According to SlowMist monitoring, a new type of Rust supply chain malware activity named IronWorm is attacking developer environments and the Web3 ecosystem through malicious npm packages. Potential attack behaviors include credential theft, wallet mnemonic and password theft, GitHub repository tampering, malicious package publishing, CI/CD secret leakage, Tor-based command control, and eBPF rootkit stealth.Security teams should audit the repository for backtracked commits, suspicious branches, unexpected build hooks, and commits from automated identities such as claude, dependabot, renovate, or github-actions. It is recommended to remove or deprecate affected package versions, publish clean versions, rotate all leaked keys and tokens, review GitHub Actions artifacts, and rebuild potentially compromised development or CI systems from clean images.

According to Cointelegraph, Santiment data shows that as Bitcoin fell to $70,011, the activity of Bitcoin whale clusters reached its highest level in six weeks, with transaction volumes over $100,000 setting a record high since April 22.

According to data from CryptoQuant, the participation of retail investors (holding less than 1 BTC) in the Bitcoin market is continuously declining, almost "disappearing" from on-chain active addresses. Currently, the monthly average inflow of BTC from retail investors on Binance has dropped to a historical low of only 314 BTC.

Gate, a global leading digital asset trading platform, released its transparency report for April 2026. As the on-chain infrastructure continues to improve and capital efficiency increases, the synergy between on-chain trading, financial products, and payment scenarios has further enhanced, maintaining a steady upward trend in overall ecosystem activity.In terms of on-chain network, the number of transactions on Gate Layer exceeded 36.3 million, with a month-on-month growth of over 11%. The proportion of non-API trading on Perp DEX is close to 90%, reflecting a continued recovery in retail participation. On the capital and product side, the peak TVL of Yubibao approached $1.8 billion, the scale of on-chain earning products continues to grow, GUSD's scale has increased to over $190 million, and the crypto payment scenario has further extended into daily consumption through Gate Card, with the user base continuously rising.In addition, Gate has joined the Mastercard crypto partner program and is deepening cooperation around crypto cards, stablecoin payments, and cross-border settlements, promoting the accelerated integration of digital assets into the global mainstream payment system.The platform ecosystem is also continuously evolving, with approximately 2.5577 million GT tokens burned on-chain in the first quarter of 2026, with a destruction value exceeding $20.68 million. As of now, the cumulative burn of GT has exceeded 187 million tokens, accounting for about 62.46% of the initial supply.On the basis of adhering to the stable execution of the established burn plan, the long-term supply contraction trend of GT has become clearer, providing a foundation for its scarcity and value support. Gate is continuing to strengthen the integrity and global connectivity of its multi-asset financial infrastructure through the synergy of on-chain ecosystem expansion and asset management.

JPMorgan analysts pointed out in their latest report that although the overall cryptocurrency market has recovered after the Iran conflict, Ethereum and other altcoins continue to underperform compared to Bitcoin. The analyst team led by Managing Director Nikolaos Panigirtzoglou stated that this trend, which began in 2023, "is unlikely to change unless we see meaningful improvements in network activity, DeFi, and real-world applications."The analysts noted that since the conflict triggered a market sell-off, Bitcoin's recovery in spot ETF fund flows and institutional futures positions has outperformed Ethereum. The spot Bitcoin ETF has recovered about two-thirds of the previous outflows, while the spot Ethereum ETF has only recovered about one-third. CME futures positions also indicate that institutional investors are rebuilding their Bitcoin exposure more aggressively than Ethereum.Regarding the upcoming Ethereum upgrades (Glamsterdam and Hegota), analysts questioned whether they would be sufficient to improve ETH's relative performance. Upgrades over the past three years have primarily reduced Layer 2 transaction costs, which has weakened the Ethereum network's fee generation and token burn mechanisms, leading to an accelerated net supply growth and weakened price support. Whether the new upgrades can generate enough new demand and network activity remains to be seen.For altcoins, analysts believe that since 2023, weak liquidity conditions, low market depth and breadth, limited growth in DeFi activity, and recurring hacking and security incidents have collectively eroded market confidence and hindered the deployment of new capital.