Invest ideasNews
2 Jun 2026, 15:00
Ethereum Signals Strength As Citigroup Eyes $5.5 Trillion Tokenized Asset Boom
Ethereum’s funding rate climbed to its highest level since August 23, 2025 on May 31, even as the token slipped below the $2,000 mark. The move pointed to heavy long positioning, and that crowding showed up again on June 1 when about $84 million in long ETH bets were wiped out. Related Reading: Bitcoin Faces Prolonged Downtrend Through 2027, Analyst Warns Citigroup Sees Tokenization Breakout Citigroup’s new Tokenization 2030 report put the tokenized asset market at $17 billion today and projected a base-case value of $5.5 trillion by 2030. The bank also laid out a wider range, with a low case of $2.7 trillion and a high case of $8.2 trillion, depending on how fast adoption spreads. The forecast leans heavily on US Treasury bills and public equities. Citi said about 10% of the US Treasury bill market could be tokenized by 2030, while public stocks could make up another 3% of the total, with on-chain money and tokenized deposits helping settle those trades. Citi: Tokenized securities market could reach $5.5T by 2030 Citi said in its Tokenization 2030: Wall Street On-Chain report that the real-world asset tokenization market could grow from $17 billion today to $5.5 trillion by 2030, with estimates ranging from $2.7 trillion to $8.2… pic.twitter.com/OwwUCtPpFW — Wu Blockchain (@WuBlockchain) June 1, 2026 Citi also said a shift by 10% of US retail investors to on-chain trading could create about $2.6 trillion in demand for tokenized public equities. The report framed the change as a gradual one, with legacy systems and blockchain-based rails likely to run side by side for a long stretch. Ethereum Still Sits In The Middle The report and the market reaction both placed Ethereum in the middle of the tokenization story. Reports have it that Wall Street firms are already using Ethereum for tokenization, citing BlackRock’s BUIDL fund and the firm’s plan to tokenize money market funds on the blockchain using Ethereum. Even so, the price action has stayed weak. Ethereum was trading around $1,985 when the piece was published, after a drop of 0.85% on the day, and the token had already fallen below the psychological $2,000 level. Related Reading: Bitcoin Could Enter Freefall If This Level Cracks: Analyst The report also pointed to a support band between $1,980 and $1,990, which had formed a demand zone on May 29. A bounce from that area, it said, could push ETH back above $2,000 and later toward $2,220. Price Still Has Work To Do Technical pressure was still hanging over the chart. ETH formed a double-top pattern on April 17 and May 6, then broke below the neckline and fell toward the $2,000 area after a second drop of about 9% from the $2,460 peak. Featured image from Unsplash, chart from TradingView
2 Jun 2026, 15:00
‘Not a bet against Arbitrum’ – Why Blockworks is leaving its DAO role
Are DAOs outdated amid intensified scrutiny and backlash from original chain developers?
2 Jun 2026, 15:00
Crypto Futures Liquidations Surge Past $326 Million in One Hour as Market Volatility Spikes
BitcoinWorld Crypto Futures Liquidations Surge Past $326 Million in One Hour as Market Volatility Spikes The cryptocurrency derivatives market experienced a sudden and sharp sell-off, with over $326 million in futures positions liquidated across major exchanges in the past hour, according to data from CoinGlass. The rapid liquidation event, which primarily affected long positions, pushed the total value of liquidated futures contracts over the last 24 hours to approximately $934 million. Sudden Spike in Liquidations The data indicates that long traders were disproportionately impacted, accounting for the vast majority of the liquidations. Bitcoin and Ethereum futures saw the highest volumes of forced closures, though altcoin markets also registered significant activity. The spike occurred during a period of heightened volatility, with Bitcoin briefly dipping below key support levels before partially recovering. Market Context and Implications This liquidation event is among the largest single-hour flush observed in recent weeks. Market analysts point to a combination of factors, including a sudden increase in selling pressure and cascading margin calls as leveraged positions were unwound. The event underscores the persistent risk in the highly leveraged crypto futures market, where rapid price swings can trigger a chain reaction of forced liquidations. What This Means for Traders For active traders and investors, the sudden liquidation event serves as a reminder of the inherent volatility in cryptocurrency markets. High leverage amplifies both potential gains and losses, and events like this can lead to significant capital erosion within minutes. Risk management strategies, including the use of stop-loss orders and avoiding excessive leverage, remain critical for navigating such conditions. Conclusion The $326 million one-hour liquidation event highlights the fragile state of the crypto derivatives market amid ongoing macroeconomic uncertainty. While the market has shown some resilience with a partial recovery, the high volume of forced closures suggests that volatility is likely to persist in the near term. Traders should remain cautious and monitor key support and resistance levels closely. FAQs Q1: What caused the $326 million liquidation event? A: The exact trigger is unclear, but a sudden increase in selling pressure and cascading margin calls led to a rapid unwinding of leveraged long positions across major exchanges. Q2: Which cryptocurrencies were most affected? A: Bitcoin and Ethereum futures saw the highest liquidation volumes, but altcoins also experienced significant forced closures during the same period. Q3: Is this a sign of a broader market crash? A: Not necessarily. While the liquidation event is notable, it is not uncommon in volatile markets. The broader trend remains dependent on macroeconomic factors and market sentiment. This post Crypto Futures Liquidations Surge Past $326 Million in One Hour as Market Volatility Spikes first appeared on BitcoinWorld .
2 Jun 2026, 14:58
5 of 7 proxy stocks trail BTC's 12% fall: Investors piled into these 6 miner stocks
More on Strategy, Twenty One Capital, Inc., etc. Bitcoin Breaks Below $70,000 As Sell-Off Continues Strategy: Why Buying Bonds Instead Of Bitcoin Is Actually Bullish CleanSpark: Up Over 100%, But The Fundamentals Keep Getting Uglier Ethereum staking rate hits all-time high of 32.42%: Supply tightens, price falls Bitdeer breaks ground on energy and digital infrastructure facility in Alberta
2 Jun 2026, 14:48
Liquidations Surpass $1B as Bitcoin (BTC) Tanks Below $68K
After it lost the crucial support at $70,000, bitcoin’s situation has only worsened, with a fresh dive to a new multi-month low. Although many alts are in the red as well now, their losses are not as crucial, and BTC’s dominance has further declined. BTCUSD June 2. Source: TradingView The chart above demonstrates bitcoin’s dire state on multiple scales. On a large one, it shows that the asset stood above $82,000 a few weeks ago before it was rejected and driven south hard. On a more micro scale, the chart suggests that BTC entered June (yesterday) at $74,000 and its crash to $67,500 minutes ago means a massive $6,500 decline in about 40 hours. It’s worth noting that the cryptocurrency hasn’t traded at such low levels in almost two months. Meanwhile, most analysts have followed the overall bearish sentiment, indicating that bitcoin could soon tank to $65,000 or even lower. In addition, bitcoin’s dominance over the market has slumped to under 56% on CoinGecko. The metric is down by over 1% in a day and more than 2% in the past week alone. Although most alts are in the red now as well, many of them have fared better than BTC. This caused some speculation that Strategy’s decision to sell a small portion of its bitcoin holdings might be among the reasons behind the asset’s particularly painful decline. Given the market’s state and the quick pace at which BTC is crashing, it’s no surprise that the total value of wrecked positions has skyrocketed. Data from CoinGlass shows that just over $1 billion worth of leveraged positions have been wiped out in the past day, with longs responsible for 90%. More than 170,000 traders have been wrecked, while the single-largest liquidation order took place on Hyperliquid and was worth north of $27 million. Liquidation Data on CoinGlass The post Liquidations Surpass $1B as Bitcoin (BTC) Tanks Below $68K appeared first on CryptoPotato .
2 Jun 2026, 14:45
Bithumb to Halt TON Deposits and Withdrawals for Network Upgrade
BitcoinWorld Bithumb to Halt TON Deposits and Withdrawals for Network Upgrade South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposit and withdrawal services for Toncoin (TON), the native token of The Open Network. The halt is scheduled to begin at 1:00 p.m. UTC on June 2, 2025, to support an upcoming mainnet upgrade. Why Bithumb Is Suspending TON Services According to an official notice from Bithumb, the suspension is a standard operational measure required to facilitate a network upgrade on the Toncoin blockchain. Mainnet upgrades often involve changes to the underlying protocol, and exchanges typically pause token movements to ensure data integrity and prevent transaction errors during the transition period. The exchange has not specified the exact duration of the suspension, but such halts usually last until the upgrade is successfully completed and network stability is confirmed. Bithumb has advised users to complete any pending TON transactions before the cutoff time to avoid delays. What This Means for Toncoin Traders For active traders on Bithumb, the suspension means that TON deposits and withdrawals will be unavailable for an undetermined period. Trading pairs involving TON on the spot market may continue to operate as usual, depending on the exchange’s internal policies during the maintenance window. Users holding TON on the platform should be aware that they will not be able to move tokens to external wallets or deposit new tokens from other exchanges or wallets until the service is restored. This could affect arbitrage strategies or time-sensitive transfers. Context: Toncoin’s Recent Network Activity Toncoin has been undergoing a series of upgrades aimed at improving scalability, transaction speed, and smart contract functionality. The Open Network, originally developed by Telegram, has seen increased adoption in decentralized applications and payment services. Regular network upgrades are a sign of active development but can create short-term friction for exchange users. Conclusion Bithumb’s temporary suspension of TON deposits and withdrawals is a routine technical measure to support a mainnet upgrade. While the exact timeline for resumption remains unannounced, the halt is expected to last only as long as necessary to ensure network stability. Traders and holders should plan accordingly and monitor Bithumb’s official announcements for updates on service restoration. FAQs Q1: When does the TON suspension on Bithumb start? A1: The suspension begins at 1:00 p.m. UTC on June 2, 2025. Q2: Why is Bithumb suspending TON services? A2: The suspension is to support a mainnet upgrade on the Toncoin blockchain, which requires temporary halting of deposits and withdrawals to ensure data integrity. Q3: How long will the suspension last? A3: Bithumb has not announced a specific end time. The suspension will remain in place until the mainnet upgrade is completed and network stability is verified. This post Bithumb to Halt TON Deposits and Withdrawals for Network Upgrade first appeared on BitcoinWorld .
