Category: News

Wall Street’s Next Onchain Test Gives Citi Clients Tokenized Access to Private Shares – Bitcoin News

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Key Takeaways Citi opened tokenized Kaleido DDRs on SDX for non-U.S. investors on June 11. Citi’s $5.5T 2030 case puts tokenized assets back on crypto investors’ radar. Citi plans U.S. access after its 2026 rollout, with SDX and more issuers in view. The Wall Street Journal reported June 11 that Citigroup is rolling out tokenized shares of private companies for wealthy and institutional clients, initially limited to foreign investors, with the bank hoping other financial institutions eventually use the structure. The system builds on Citi’s partnership with SIX Digital Exchange,…

Franklin Templeton, BNP Paribas See Tokenization Boosting EU’s Capital Efficiency

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Large financial institutions are turning to tokenization to improve capital efficiency and liquidity, according to representatives from Franklin Templeton and BNP Paribas. Speaking at a panel at the WAIB Summit 2026 in Monaco, industry executives discussed how tokenized assets and stablecoins could modernize Europe’s capital markets by streamlining settlement, improving collateral mobility and creating new opportunities for cross-border financial activity. Tokenization offers institutions more “optionality and flexibility,” a development that is driving interest from banks and large corporations to launch their own offerings, said Rafael Mastroberardino, head of digital assets…

Institutional Giants Back $355M Canton Network Round as DTCC Treasury Deal Nears – Bitcoin News

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Key Takeaways Digital Asset closed a $355M equity round led by A16z Crypto, which contributed $100M to the raise. Canton Network processes more than $4T in monthly volume with DTCC Treasury tokenization targeted for 2026. CEO Yuval Rooz confirmed the funds will support M&A activity and expanded onchain partnerships. Who Wrote the Check The round drew participation from Abu Dhabi Investment Authority, Apollo Funds, Citadel Securities, BNP Paribas, HSBC, CME Ventures, Coinbase Ventures, Tradeweb, S&P Global, SBI Group, Polychain, Optiver, SoFi, and roughly a dozen additional strategic backers. Financial Technology…

Flow Blockchain Data Now Live on Dune

Felix Pinkston Jun 11, 2026 14:04 Flow integrates with Dune, offering full analytics on 40M+ accounts, DeFi activity, and consumer app data. Key tool for analysts and investors. Flow blockchain has officially integrated with Dune Analytics, making its extensive dataset accessible for querying. This includes metrics across over 40 million user accounts, nearly one billion transactions, and five years of activity from prominent consumer applications like NBA Top Shot and Disney Pinnacle. For analysts and investors, this marks a significant step in…

Bitcoin Has Never Broken This Line Before And Price Just Touched It Again

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Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The leading crypto has now touched this trendline, providing optimism that it could bounce from that level as it did in previous bear cycles. Bitcoin Touches Trendline That Has Led To Parabolic Rallies In an X post, Crypto Rover revealed that Bitcoin has again touched the trendline it has never broken below in 9 years. Instead, BTC has seen parabolic rallies whenever it touches this trendline. In 2017, it rallied 1,300%…

Bitcoin Battles Hormuz Closure, US Inflation as $63,000 Returns

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Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route. Key points: Bitcoin sees volatility but hits intraday highs despite surging US inflation and another Strait of Hormuz closure. Oil rebounds as the US promises fresh attacks on Iranian infrastructure on Thursday. Bitcoin upside targets focus on the remaining gaps in CME Group’s futures market. Iran and PPI inflation spark new risk-asset headwinds Data from TradingView showed BTC/USD hitting local highs of $63,200 on Bitstamp, up more than 2.5%…

Bitcoin Traders Eye $64K Resistance as RSI Hangs at the Lowest Level Since November 2018

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Key Takeaways Bitcoin’s RSI (14) hit 30 on June 11, 2026, the lowest reading since November 2018, signaling deep oversold conditions. BTC rebounded 2.3% from a $60,914 session low, but 13 of 15 moving averages still show bearish signals. Traders watch a 4-hour close above $64,000 as the trigger for a potential move toward $66,000–$68,000 resistance. Intraday Recovery Holds Above $62K The 24-hour gain brought bitcoin’s price to approximately $62,780 at the time of analysis, with a market capitalization near $1.258 trillion and 24-hour trading volume of $29.66 billion. The…

Digital Asset Raises $355M in a16z-Led Round at $2B Valuation

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[Update June 11, 1:50 pm UTC. Adds commentary from Yuval Rooz, cofounder and chief executive of Digital Asset, in the fourth and fifth paragraph] Digital Asset Holdings has raised $355 million in a new round led by Andreessen Horowitz’s crypto arm, highlighting Wall Street’s accelerating push into permissioned blockchain infrastructure. A16z crypto contributed $100 million, alongside 7RIDGE, the Abu Dhabi Investment Authority, Citadel Securities and Optiver, in a deal that values Digital Asset at around $2 billion, according to a Thursday Bloomberg Law report citing people familiar with the matter.…

Hungary to Reverse Crypto Trading Rules That Carried Prison Terms

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Hungary is set to decriminalize crypto trading, reversing restrictions that imposed potential jail terms for certain crypto-to-fiat and crypto-to-crypto transactions, according to Tisza government spokesperson Anita Köböl.  Speaking at a Thursday press conference, Köböl said Hungary would unwind rules introduced last year that required approved validation for crypto conversions and attached criminal penalties to violations. She said the restrictions contributed to a decline in crypto trading activity in the country.  “This was an unnecessary piece of legislation. It made practical operation impossible and frightened the market participants,” Köböl said, according…

Why The Bitcoin Price Could Mark A Generational Bottom And Rise Over 200%

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Bitcoin’s investor sentiment is in ruins, but buried inside the wreckage, a technical signal that has appeared only at the most consequential turning points in Bitcoin’s history has just fired again. This technical argument, which is built around Bitcoin’s Relative Strength Index, is because the indicator has fallen to its lowest daily reading in four years, a level last seen near the 2022 bottom before BTC began its climb from $15,500 to $70,000. Bitcoin’s RSI Is Back In A Rare Bottom Zone The Relative Strength Index is among the most used…