Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030
Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks, said Citi.
Markets
XRP drops to $1.32 as sellers overpower exchange outflows
XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower.
Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI
U.S. spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record. Oil’s bounce on the stalled Iran deal added pressure even as global equities hit new highs on the Nvidia and SoftBank AI trade.
Aave overhauls listing standards after $230 Million rsETH exploit exposed bridge risks
An official postmortem traced the exploit to a LayerZero bridge verification failure and outlined a sweeping overhaul of Aave’s asset-listing standards as DeFi risks shift beyond smart contract bugs.
Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch
Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.
XRP ETFs add $35 million as bitcoin and ether funds lost $2 billion in late May
From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.
Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools
The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid’s HYPE the only major name to rally.
Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy
A hopeful posting on Iran from President Trump helped erase morning losses.
Hyperliquid bigger than NASDAQ, says ICE CEO Jeffrey Sprecher
Sprecher saluted Hyperliquid’s team, signaling deeper engagement between Wall Street incumbents and crypto-native rails.
Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billion
The longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.