KuCoin Crypto Daily(2026-06-29)

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Today's Highlights

1. iExec to Shut Down RLC Bridge to Bellecour Sidechain

2. MiCA Regulation Enters Enforcement Phase on July 1

3. Over $1.9 Billion in Token Lockups Set to Unlock in July

4. Stanford Economist Charles "Chad" Jones Joins Anthropic Institute

5. CISO UK 2026 Conference Kicks Off with KuCoin as Media Partner


Macro News

MiCA Regulation Enters Enforcement Phase

The MiCA regulation will officially take effect on July 1, 2026. Only 230 licenses have been issued across Europe, leaving over 80% of crypto companies unlicensed. Spain has already closed its door to late applications.


India's USDT Premium Surpasses 8.5%

India's USDT premium has risen to over 8.5%, driven by regulatory scrutiny and reduced inflows. The premium reflects growing uncertainty and risk in the market.


XRP Spot ETF Sees $22.99M Inflow

XRP spot ETF recorded a $22.99 million net inflow, while BTC, ETH, and SOL faced outflows. This marks a shift in investor preference toward XRP-based products.


Thailand to Regulate Yuan-Denominated Payments

Thailand’s central bank is increasing enforcement against unauthorized yuan-denominated cross-border payments and plans to hold a public hearing on a baht-pegged stablecoin by year-end.


BIS Warns of Stablecoin Risks in Emerging Markets

The Bank for International Settlements (BIS) has warned that stablecoins could accelerate dollarization in emerging markets, alongside AI investment busts and rising debt as threats to global stability.


Industry Hotspots

Uniswap v4 Launches on Ethereum Mainnet

Uniswap v4 has officially launched on Ethereum mainnet with new Hooks functionality and a singleton contract design, aiming to significantly reduce gas fees and improve user experience.


Europe Considers Ethereum for Euro Stablecoin Settlement

European regulators are considering Ethereum as a settlement layer for euro-backed stablecoins, signaling a potential shift toward blockchain infrastructure for sovereign financial systems.


AI Trading Bot Insiders.bot Launches

AI trading bot Insiders.bot has launched after training on data from 1.6 million Polymarket traders. It offers research, position sizing, and cross-market arbitrage analysis for users.


Sunday Trading Volume Surpasses Saturday by 60%

On Trade.xyz, Sunday trading volume exceeded Saturday’s by over 60%, with $6.54 million in volume recorded on Sunday compared to $3.38 million on Saturday.


Konnex Builds Cross-Chain Infrastructure

Konnex is developing infrastructure for true cross-chain connectivity, aiming to improve interoperability, liquidity movement, and the overall blockchain user experience.


KOL and Institutions

@CryptoA12552

Market data shows BTC at $60,274 (+1.6%), VELVET up 164.7%, and extreme fear index at 15/100 for 46 days. S&P 500 slightly down, while gold and silver rose.

@InvestwithDoc

BTC is currently trading at $59,665, 52.7% below its all-time high. It would need a 111% return to reach $126,080 again. Despite the bearish trend, the long-term bullish case remains intact.

@javedahmedhere

4-hour crypto snapshot shows BTC at $59,385 (-1.2%), ETH at $1,562 (-0.9%), and BNB leading declines at -1.9%. Fear & Greed Index remains at 18 (Extreme Fear).

@BioLLM_

DeSci Atoms Market update shows BioLLM up 17.33%, Wrapped DNX up 13.56%, and VITARNA up 8.28%. Total market cap stands at $461.66 million, with 24-hour volume up 27.52%.

@iPsycoWulf

Ripple:native Moon Meter reports $XRP support at $1.04 held on close but cracked intraday. No major moves observed despite Middle East developments. Market remains cautious.

@D3LTA_0

90% of traders lose money during sideways markets due to repeated stop-loss hits. Breakouts are unpredictable, and patience is key to avoid emotional trading decisions.

@Polymarket

A trader on Polymarket turned $20,000 into $233,000 in two days by taking only 8 trades, winning 3 and holding 2. This highlights the potential of high-risk, high-reward trading strategies.

@blokfeed

Bitcoin closed at $59,530 and Ethereum at $1,569 with low volume and volatility. Market cap is near $2.13 trillion, showing a lack of direction and trader caution.

@Catiebristow_X

Elon Musk turns 55 and is now the world's richest person at $942 billion. Top 10 richest people range from 52 to 81 years old, with Mark Zuckerberg at $198 billion.

Crypto market remains flat with BTC down 1.2%, ETH down 0.9%, and BNB down 1.9%. Fear & Greed Index at 18 (Extreme Fear). Traders are advised to stay alert and avoid overtrading.


This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.

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