The post Bitwise Reports Crypto Market Down 15.4% in Q2 as Negative Return Streak Extends appeared on BitcoinEthereumNews.com.
Bitwise says crypto fell 15.4% in Q2, but RWAs, stablecoins, and prediction markets continued to expand. Crypto markets faced another difficult quarter as Bitwise reported its third straight period of negative returns. While the Bitwise 10 Large Cap Crypto Index fell 15.4% in Q2, parts of the industry continued to grow despite weaker prices. Even with weaker prices, several parts of the industry continued to expand, suggesting that development has not stopped despite the market downturn. Bitwise: Eight of Top 10 Crypto Assets End Q2 in the Red Crypto asset manager Bitwise reported that its Bitwise 10 Large Cap Crypto Index fell 15.4% during the second quarter, with eight of the index’s ten assets posting negative returns. Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, Litecoin and Sui all ended the quarter lower. Meanwhile, Hyperliquid stood out as the st
Bitwise says crypto fell 15.4% in Q2, but RWAs, stablecoins, and prediction markets continued to expand. Crypto markets faced another difficult quarter as Bitwise reported its third straight period of negative returns. While the Bitwise 10 Large Cap Crypto Index fell 15.4% in Q2, parts of the industry continued to grow despite weaker prices. Even […]
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The post EURC’s Record Network Growth Could Signal a Major Shift in Europe’s Crypto Economy appeared on BitcoinEthereumNews.com.
EURC’s biggest-ever surge in addresses and wallets highlights rising interest in regulated euro stablecoins. 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. 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. Biggest On-Chain Spike 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 blockchai
The post Bitwise Report: Crypto Fundamentals Are Getting Stronger Despite Third Straight Negative Quarter appeared on BitcoinEthereumNews.com.
Usage metrics tell a different story from price action, with adoption continuing to outpace market performance this cycle. Bitwise’s Q2 2026 crypto market review shows its 10 Large Cap Crypto Index dropped 15.4% last quarter, the third straight quarter in the red and the longest such stretch since 2022. However, the same report argued that even as prices fell, the crypto sector, including stablecoins, tokenized assets, and prediction markets, has been strengthening. Crypto Prices Down, But Fundamentals Are Improving According to Bitwise, eight of the index’s 10 constituents finished Q2 in the red, with the worst performer in the basket being Cardano (ADA), which slipped nearly 40% in Q2 and is down more than 56% year to date. Ethereum and XRP lost 24.66% and 20.79% of their values, respectively, while Solana’s dip was more modest in comparison
The post Polymarket Applies for US License to Offer Margin Trading appeared on BitcoinEthereumNews.com.
The filing would let Polymarket users open positions without posting full collateral, following Kalshi’s FCM-backed perpetuals launch. Polymarket has applied for a US futures commission merchant license to offer margin trading on its prediction markets, Bloomberg reported Thursday. The move would let traders open positions without posting full collateral upfront. The application, filed July 3 with the National Futures Association through Polymarket affiliate Coming Home GBA LLC, seeks FCM registration, according to documents cited by Bloomberg. Polymarket must also win approval from the Commodity Futures Trading Commission to amend its rulebook to permit non-fully collateralized trades, the filing shows. A Polymarket representative confirmed to Bloomberg that the application had been submitted, with the goal of attracting more institutional investors to the platform. Under the propos
The post Prediction markets are transforming into aggressive derivatives platforms appeared on BitcoinEthereumNews.com.
World, a Chainlink-powered prediction market launched in the Phantom wallet on Solana on July 1, said recently that it is moving to Robinhood Chain. The move shifts the project from Solana’s crypto-focused users to Robinhood’s roughly 28 million customers, prompting some users to accuse it of using Solana to gain attention before leaving. After more than two years of teasers, the concept debuted in Phantom, a well-known Solana wallet. It allowed players to wager on the price of Bitcoin and the 2026 FIFA World Cup, with rewards issued in Phantom’s CASH stablecoin and results validated by Chainlink. The initiative closed after seven days, citing “careful deliberation in the last 24 hours.” The announcement gave no reason for the shutdown, mentioned no technical issues, and did not explain what would happen to open bets. The move was unexpected, as World had recently sa
