News & Research

Etherscan announced via X the launch of HyperEVM Scan, a new block explorer for HyperEVM.

UK-listed blockchain payments company GSTechnologies raised approximately £1.75 million through a placement and £250,000 via a retail offering, totaling about £2 million (around $2.72 million), to fund its planned Bitcoin acquisitions, according to Bitcoin News on X.

Bitcoin mining company Iris Energy (NASDAQ: IREN) reported record monthly revenue of $68 million and hardware profit of $51 million in June, while incurring $16 million in electricity costs, according to GlobeNewswire press release. The company achieved its 50 EH/s hashrate target with a data center capacity of 810 MW and expanded its AI cloud by adding approximately 2,400 Blackwell GPUs, bringing its total NVIDIA GPUs to 4,300. IREN’s $550 million convertible notes offering was oversubscribed and it completed its transition to U.S. domestic issuer status, advancing initiatives in AI customer and financing efforts.

In a recent update on X, on-chain market intelligence platform Glassnode noted that despite Bitcoin hovering near all-time highs, the options market is experiencing a summer slowdown, with implied volatility across most expirations (1 week to 6 months) reaching all-time lows, marking the lowest levels since mid-2023.

A German government spokesperson stressed the urgency of tariff negotiations, saying time is money, according to Walter Bloomberg on X. An EU spokesperson noted that talks with the U.S. have made good progress toward an agreement in principle, with the goal of reaching a deal before July 9.

Binance Alpha, a platform within Binance Wallet that showcases early-stage crypto projects, added PAL, according to an X post by New Listings Feed. The platform selects tokens based on community engagement and emerging market trends. Alpha facilitates on-chain trading by integrating it directly into the Binance Wallet and Exchange.

Digital asset investment products saw $1.03 billion in inflows last week, bringing assets under management (AuM) to a record $188 billion, according to the latest Digital Asset Fund Flows Weekly Report released by CoinShares in a blog post. The U.S. led with $1 billion in inflows, while Canada and Brazil saw outflows. Ethereum (ETH) continued to outperform Bitcoin (BTC), averaging 1.6% in weekly inflows over 12 weeks, compared to Bitcoin’s 0.8%.

An address suspected to belong to staking and validator service provider Arthapala has deposited a total of 57,119 ETH, worth over $147 million, to exchanges so far, according to on-chain analyst ai_9684xtpa on X. In the past two hours alone, it sent another 2,940 ETH, about $7.5 million, to HTX Exchange.

South Korean crypto exchange Coinone has asked around 30 employees to resign since April as part of internal restructuring, according to Chosun Biz. Among them, 15 who refused the request have reportedly been placed on leave at home. With a total workforce of 219, this suggests that about one in every seven employees was asked to resign.

A survey tracking weekly trends among South Korean cryptocurrency investors, conducted by CoinNess and Cratos from June 30 to July 4, found that 44.2% of respondents expect Bitcoin's (BTC) value to increase or significantly jump this week, a decrease from last week's 45.5%. Meanwhile, 27.9% predict a stable market, up from 27.5% last week, and 27.9% anticipate a decline or sharp drop, up from 27.0% previously. When asked about the overall market sentiment, 45% indicated optimism or extreme optimism. While 30.5% felt neutral, 24.5% expressed feelings of fear or extreme fear. Regarding BTC’s expected closing price for July, the largest share of respondents (35%) predicted it would trade in a range between $105,000 and $110,000. Another 28% anticipated a strong recovery scenario, with prices reaching between $110,000 and $120,000. Meanwhile, 20% expected a correction to $105,000 or below, and the remaining 17% forecast a renewed rally pushing above $120,000.