Uniswap’s UNI jumps 23% on Standard Chartered’s $100 call
UNI jumped 23% after Standard Chartered set a $100 target by 2030, framing Uniswap as tokenisation infrastructure — even as Bitcoin and ETFs bleed.
Karthik Subramanian
Digital Assets Correspondent
Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem. He covers token economics, L1/L2 infrastructure, DeFi protocols, wallets/custody, and the bridge between crypto and forex—broker technology, liquidity, and macro drivers. Karthik’s writing focuses on clear, practical frameworks that help professionals evaluate new products and on-chain innovation alongside FX market realities.
June 2026
ETH/BTC hits 0.028 as Ether underperforms the Fed selloff
ETH/BTC has slid to 0.028, a 10-month low, as Ether's high Nasdaq correlation makes it the hardest-hit crypto in the Fed's hawkish-hold selloff.
Morgan Stanley sets 0.14% fee on ETH and SOL staking ETFs
Morgan Stanley filed spot Ethereum (MSSE) and Solana (MSOL) ETFs at a market-low 0.14% fee with a 95% staking pass-through, escalating the crypto ETF fee war.
USDC handles 70% of stablecoin volume as USDT leads supply
USDT leads stablecoin supply at ~$184bn, but USDC drove ~70% of on-chain volume in February 2026 as GENIUS Act compliance reshapes the duopoly.
Bitcoin ETFs bleed $3.4bn as Solana and BNB wrappers build AUM
U.S. spot Bitcoin ETFs lost a record $3.4bn in a week while Solana funds crossed $1.06bn and the first U.S. spot BNB ETF launched — flows are rotating, not fleeing.
Ripple backs Flutterwave at $3.2bn to embed RLUSD in Africa
Ripple takes a stake in Flutterwave at a $3.2bn valuation, embedding RLUSD, the XRP Ledger and Ripple Payments into Africa's cross-border rails.
Solana to $95 by Q3 2026: the Alpenglow and tokenization case
Solana (SOL) targets $95 by Q3 2026 as the Alpenglow finality upgrade lands and Solana keeps 95%+ of tokenized-equity DEX volume. Base, bull, bear and risks.
XRP becomes the lone crypto ETF still drawing inflows
XRP spot ETFs logged a sixth week of inflows to June 12 as Bitcoin, Ethereum and even Solana funds bled — and flows decoupled from a 22% price drop.
T. Rowe Price active crypto ETF clears SEC: TOKN debuts
The SEC cleared T. Rowe Price's actively managed multi-asset crypto ETF (TOKN) — a $1.77tn manager ends the passive-only era of crypto ETFs.
Hyperion unwinds $29m in HYPE deals as USDH sunsets
Hyperion DeFi reclaims 800,000 HYPE from Felix and Native Markets as the USDH stablecoin sunsets — and treasury companies shift from holding to allocating.
CME’s Nasdaq crypto index futures debut as ETF flows split
CME's eight-asset Nasdaq crypto index futures went live June 9 — just as ETH ETFs bled $708m over 14 days while XRP and SOL funds gained. The read: basket beta.
SpaceX IPO: crypto rails price SPCX at $2.3tn before listing
SpaceX IPO: Polymarket strikes imply a $2.3tn first close and Bybit tokenised pre-IPO exposure — crypto rails priced SPCX before Nasdaq gets its turn.
JPMorgan, Citi plan tokenized deposits to rival stablecoins
JPMorgan, Citi, BofA and Wells Fargo are building a shared tokenized-deposit network via The Clearing House to counter stablecoins, targeting 2027.
Bitcoin DeFi eyes $500bn in idle BTC as ETF demand cools
As spot Bitcoin ETF flows stall, BTCfi protocols Lombard and Babylon are pitching idle BTC as onchain collateral — targeting $500bn in custody.
Hyperliquid flips Solana on FDV as revenue-chain race heats up
Hyperliquid's FDV has overtaken Solana's, but circulating market cap and revenue tell three different stories about the 'revenue chains' race.
Strategy sells its first bitcoin since 2022 to fund payouts
Strategy sold 32 BTC — its first bitcoin sale since 2022 — to fund preferred dividends as its mNAV premium compressed and bitcoin slid below its cost basis.
CFTC clears Coinbase to offer US clients offshore crypto perps
The CFTC cleared Coinbase to route US clients into offshore crypto perpetual futures via its Deribit-backed Bermuda book — a first for the industry.
Aave rewrites listing standards after $230m rsETH bridge hack
Aave is reviewing every V3 asset and rewriting its listing standards after a $230m rsETH bridge exploit, importing exchange-style collateral governance into DeFi.
Ethereum whales buy $2bn as spot ETF outflows hit 10 days
US spot Ether ETFs have bled for 10 straight days and shorts are piling up — yet ETH whales just absorbed $2bn off the books. The squeeze setup, decoded.
Also filing this week: Rick Steves and Abdelaziz Fathi.