La Vinci

An anonymous analyst, Bluntz, said Bitcoin shows a bullish divergence on the four-hour chart.

According to NS3, as of the time of writing, Bitcoin is at $60,072, up 2.1% intraday.

On June 23, 2026, Arthur Hayes said that if the development of DeFi requires U.S. regulatory agencies to push for the passage of a bill similar to the (Clarity Act), then DeFi would be considered a failure.

According to NS3, Hayes said that the true value of cryptocurrencies lies in building an alternative financial system for the 8 billion people around the world.

Canada announced a strategy on Monday to ramp up the construction of nuclear reactors across the country, aiming to boost power generation and leverage its high-grade uranium resources.

According to Odaily Planet Daily, officials say the goal is to build 10 large reactors within Canada, with at least two expected to break ground before 2035; they will also expedite regulatory approvals and establish a new funding framework by early next year to attract pension and sovereign wealth fund capital to kick off the nuclear expansion plans.

Author: qinbafrank

Micron's earnings report preview, what key points should we look at?

This week's most crucial event in the AI sector is likely Micron's earnings report. Everyone will be keen to see how Micron's earnings impact market movements. From my perspective, this earnings report isn't just about verifying 'how strong' it is, but rather, how long that strength can last. Here are a few points worth discussing:

1. This quarter's performance shouldn't just beat the company's guidance; it also needs to hit the market's most optimistic expectations.

In the last earnings call, Micron guided for $33.5 billion this quarter, but the market is now generally expecting revenue to be around $34.8-35.5 billion, with EPS between $19.8-20.7. Just beating the company’s guidance isn’t enough; it also has to exceed the market expectations.

Bitcoin (BTC) dipped to around $59,000 in June, marking the lowest point in this bear market. The leading cryptocurrency is currently trading just 9% above its realized price of $53,600. Historically, this price range has indicated bottom levels in market cycles.

However, on-chain analysts are warning that price action hasn't given a definitive bottom signal yet. CryptoQuant and Glassnode data show that demand has not collapsed and a full capitulation hasn't occurred yet.

Tokenized real-world assets have become one of the clearest bright spots in an otherwise troubled crypto market, with active tokenized RWAs surging 589% from early 2025 to June 2026 according to Binance Research's latest Monthly Market Insights report. The growth is happening in parallel with — not because of — the broader crypto market recovery, making it one of the few sectors demonstrating genuine structural momentum even as Bitcoin fell sharply in early June on macro headwinds and rising rate expectations.
"2026 marks RWA tokenization's maturation from a Treasury-dominated narrative into a diversified yield ecosystem," Binance Research said.
The numbers: bonds lead in dollars, stocks lead in growth rate
Bonds and money market funds led the tokenized RWA sector in absolute dollar terms, growing 83% and adding $6.5 billion in value during the period. The dominance of this category reflects the institutional preference for yield-bearing, low-risk instruments as the foundational use case for tokenization — a thesis validated by Moody's recent AAA ratings for BlackRock and Fidelity tokenized money market funds.
Tokenized stocks recorded the fastest percentage growth, with their market value jumping 422%. Much of that momentum was driven by platforms including Ondo Global Markets, which offers tokenized stocks and ETFs and surpassed $1 billion in total value locked within eight months of its launch — a pace of adoption that illustrates how quickly institutional and retail appetite for on-chain equity exposure is developing when the product infrastructure is available.
Tokenized precious metals added $1.5 billion in value — a 39% increase — with most gains concentrated in January and February as geopolitical uncertainty from the US-Iran conflict fueled demand for safe-haven assets. Tokenized gold briefly surpassed $6 billion in total value before momentum cooled as underlying gold prices retraced from their $5,600 all-time high. Gold has since entered bear market territory, dropping below its 200-day moving average.
Tokenized SpaceX shares: retail meets institutional tokenization
The launch of tokenized SpaceX shares has brought fresh mainstream attention to the tokenization sector at exactly the right moment. Kraken now offers access to a tokenized equivalent of SpaceX's private company stock through the xStocks platform, which has recorded cumulative trading volume exceeding $25 billion within approximately eight months of launch. The SpaceX tokenized share offering is particularly significant given that the company's traditional IPO — expected Friday June 12 — is being positioned as one of the most consequential public market events of the decade, with a $1.25 trillion valuation. Tokenized access to pre-IPO and post-IPO SpaceX shares democratizes participation in a listing that would otherwise be accessible only to institutional investors and ultra-high-net-worth individuals during the private phase.
Banks building the infrastructure: tokenized deposit networks
Institutional adoption is extending beyond investment products into core financial infrastructure. The Clearing House — backed by JPMorgan Chase, Citibank, Bank of America, BNY, and Wells Fargo — plans to launch a tokenized deposit network next year, according to the Wall Street Journal. The network is designed to modernize payments and compete with the rapid growth of stablecoins — an acknowledgment from the largest US banks that blockchain-based settlement is becoming a competitive necessity rather than an optional innovation.
In real estate, Apex Group has begun providing fund services using Goldman Sachs' Digital Asset Platform, underscoring growing demand for blockchain-based settlement and administration in an asset class that has historically been among the least liquid and most difficult to access for smaller investors.
Why RWAs are outperforming as crypto falls
The 589% growth in active tokenized RWAs during a period when Bitcoin fell from $126,000 to below $60,000 reveals the structural nature of the tokenization trend. Unlike speculative crypto assets whose valuations are primarily driven by sentiment, liquidity cycles, and narrative momentum, tokenized RWAs derive their value from underlying assets with established cash flows and institutional demand — bonds, equities, real estate, and precious metals. Those underlying assets do not disappear during crypto bear markets.
The divergence also reflects where institutional capital is actually going in 2026. Banks, asset managers, and regulators are building tokenization infrastructure regardless of Bitcoin's price — because the efficiency gains from blockchain-based settlement, 24-hour trading, programmable distributions, and fractional ownership apply to traditional finance whether or not the broader crypto market is in a bull or bear cycle.
Binance Research's framing of 2026 as the year tokenization matured from a "Treasury-dominated narrative into a diversified yield ecosystem" is the most important characterization in the report. The first phase of RWA tokenization was essentially money market funds and Treasury bills — low-risk, high-liquidity instruments that institutions were comfortable putting on-chain first. The current phase is adding equities, real estate, precious metals, and corporate bonds — a diversification that suggests the infrastructure is proving robust enough for more complex and varied use cases.