Gate Has Launched CAP Perpetual Contract Trading (USDT Settlement)

CryptoQuant analyst Axel Adler Jr. stated that Bitcoin has entered the late stage of a bear market, and the selling pressure on US spot ETFs is easing. The US spot Bitcoin ETF had a net inflow of $223 million on the latest trading day, with FBTC having a net inflow of $166 million and ARKB having a net inflow of $91.8 million.

Leto Bao analyzed that the sharp decline in the storage sector was caused by institutional withdrawal and leverage liquidation, and suggested that investors allocate assets reasonably according to their own situation.

The token's 30-day and 365-day MVRV, a measure of how far holders are underwater, sit near -45% and -47%, lows Santiment says XRP has never reached before. Some traders read stretched losses as a contrarian signal.

On June 29, 2026, Haina International Group filed a lawsuit in the Manhattan Federal Court in New York, accusing hundreds of people of allegedly learning in advance of China's regulatory action on May 22 and profiting over $100 million from the large-scale purchase of put options on Tiger Securities and Futu Holdings. According to Bloomberg, a Manhattan federal court judge has ordered the freezing of relevant accounts and issued subpoenas to securities firms.

This cycle, about $697 billion in new money has generated a roughly 689% gain, compared with earlier cycles where far less capital drove returns of 2,000 percent to more than 50,000 percent.