KuCoin Crypto Daily(2026-07-04)

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Today's Highlights

1. South Korea Launches 24-Hour USD/KRW Trading

2. China's PBOC to Conduct 100 Billion Yuan Reverse Repo

3. Deribit and SignalPlus Launch $600,000 Trading Contest

4. Major Token Unlocks Scheduled for July 2026

5. FIFA World Cup Match Rescheduled Due to Heat Warning


Macro News

SEC and CFTC to Collaborate on On-Chain Market Modernization

SEC Chair Paul Atkins announced the SEC is working with the CFTC to modernize regulations under "Project Crypto," aiming to support Trump's vision of positioning the U.S. as the global crypto leader.


Europe's MiCA Regulation Now in Force

The EU’s MiCA regulation has officially taken effect, requiring all crypto firms serving EU clients to obtain a license or restrict operations, marking a major regulatory milestone for the industry.


ESMA Warns Event Contracts May Fall Under Binary Options Ban

ESMA stated that many prediction market event contracts may already be subject to the EU’s ban on binary options for retail investors, raising compliance concerns for platforms offering such products.


Trump Announces Public Equity Donations for “TRUMP ACCOUNTS”

Trump revealed that the Treasury will accept public company stock donations to fund “TRUMP ACCOUNTS” for U.S. children, with Musk reportedly considering contributing SpaceX shares.


Asia’s Stablecoin Rules Clarify Onshore-Offshore Divide

New stablecoin regulations in Asia are creating a clearer distinction between onshore and offshore issuers, potentially affecting the operations and compliance of major stablecoins like USDT and USDC.


Industry Hotspots

Revolut to Delist USDT for EU Users

Revolut will stop accepting new USDT deposits for EU users by July 30 and convert remaining balances to fiat by August 31 due to Tether's non-compliance with MiCA.


Prediction Markets Surpass $45 Billion in June Volume

Prediction markets saw a surge in activity, with monthly volume reaching nearly $45 billion in June 2026, largely driven by the FIFA World Cup and growing institutional interest.


Whale 20x Leverages $16.3M XRP Position on Hyperliquid

A whale deposited 52.67 BTC ($3.26 million) on Hyperliquid and used it as collateral to 20x leverage a $16.3 million XRP position, highlighting increased speculative activity in altcoins.


Offramp to Cease Operations by End of 2026

Crypto cross-border platform Offramp announced it will stop all operations by December 31, 2026, with services like deposits, withdrawals, and card usage being phased out gradually.


A Bitcoin Core Developer Warns of August Reorg Risks

A core Bitcoin developer advised users to pause BTC transfers in August 2026 due to potential reorg risks associated with the activation of BIP-110, raising concerns about network stability during the upgrade.


KOL and Institutions

@blknoiz06

The solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump token is just short of 10k holders to attain 100k holder in a few days after launch. Don’t be late to this bull.

@blknoiz06

If I have $1M atm, I’m investing every penny into nothing else other than solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump. This token isn’t stopping anytime soon.

@blknoiz06

$ANSEM isn't just another memecoin. It's a community trying to bring the trenches back to life. Inspired by @blknoiz06, who spotted SOL at $2 before its run to over $250.

@Nansen

Nansen reports that BTC, ETH, and SOL are all showing long positions between 50-52% on Hyperliquid, indicating a relatively neutral market sentiment across major crypto assets.

@BTC_NewsBot

Bitcoin is currently trading at $62,537, with a 24-hour change of 1.78%. The 7-day change stands at 4.84%, showing a positive trend in the broader market.

@Dow

Markets ended mixed with the S&P 500 flat at 7,441, the Dow down 0.1% to 52,776, and the Nasdaq also down 0.1% to 28,501. Volume remained cautious as investors assessed macroeconomic data.

@MyriadMarkets

New prediction markets for Wimbledon 2026 matches have launched, including Dimitrov vs Berrettini and Tiafoe vs Bublik, offering traders opportunities in the sports betting sector.

Prediction market launched for the 2026 British F1 Grand Prix, featuring drivers like Kimi Antonelli, George Russell, and Max Verstappen, as the event draws global attention.

@blknoiz06

The solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump token hit a $300M+ market cap, yet many still see it as just another memecoin, missing its potential as a liquid attention asset.

@blknoiz06

If you're holding solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump, don’t sell. This token is not just a short-term play—it’s building a new kind of community-driven value proposition.

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

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