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Is Ethereum about to get flipped?

Tether's USDT market cap is closing in on Ethereum, sitting roughly $6 to $10 billion behind. With ETH trading just above $1,600, a modest price drop could hand the stablecoin the number two spot in crypto.
Hong Kong pulls JPMorgan, HSBC and UBS into its tokenized bond push

Hong Kong's HKMA has formed a Tokenised Bond Expert Group with JPMorgan, HSBC, UBS, Standard Chartered, Ant Digital, and HashKey to shape policy and scale tokenized bond adoption.
SEC's Peirce: code is speech, not a reason to register

SEC Commissioner Hester Peirce argues at Princeton that publishing open-source blockchain code is protected speech and should not trigger securities registration for developers.
Greece plans a 15% tax on crypto gains

Greece is drafting legislation to impose a flat 15% capital gains tax on cryptocurrency profits, with the first €500 exempt. The bill is expected to reach parliament in the coming months.
HIVE leans into two supercycles: Bitcoin mining and AI

HIVE Digital Technologies posted a 158% revenue jump in fiscal 2026 and is now betting big on AI infrastructure, with a 320 MW gigafactory near Toronto targeting $660M in recurring revenue by 2028.
Cypherpunk doubles down on Zcash after the crash

Zcash's $ZEC token fell more than 40% after a critical counterfeiting flaw was disclosed in its Orchard shielded pool. Nasdaq-listed treasury firm Cypherpunk (CYPH) dropped in tandem but is standing firm on its target of owning 5% of all ZEC.
Binance says crypto exchanges could pull $2T into global stocks by 2031

Binance Research projects crypto exchanges could channel $2 trillion in new capital and 300 million new investors into global equity markets by 2031, driven by stablecoins and tokenized shares targeting emerging market users.
Morgan Stanley clients can now swap crypto for ETF shares without selling

Morgan Stanley has teamed up with Galaxy Digital to let eligible high-net-worth clients convert Bitcoin, Ether, and Solana into spot crypto ETP shares without an immediate sale. The minimum transaction starts at $5 million.
Armstrong calls US-China rivalry America's best thing since the Cold War

Coinbase CEO Brian Armstrong says competition with China could be the best thing to happen to America since the Cold War, arguing the US grew complacent from years of unchallenged dominance. Elon Musk replied with one word: True.
Bitcoin ETFs snap a $4.4B bleed with the thinnest possible inflow

US spot Bitcoin ETFs ended a record 13-day outflow streak on June 5 with a net inflow of just $3.05 million, as BlackRock's IBIT carried the entire gain while Fidelity, Bitwise, and Ark remained in the red.


