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Hong Kong-based online brokerage Futu, often called the 'Robinhood of China,' announced it has received approval from the Hong Kong Securities and Futures Commission (SFC) to offer loan services for cryptocurrency trading to eligible investors. The service will allow investors to finance their crypto trades using traditional financial assets, such as stocks, as collateral. As a result, existing securities margin trading limits can now be applied to cryptocurrency transactions.

An anonymous address has withdrawn approximately 1% of the total ZEC supply from Zcash's Orchard privacy pool, according to Arkham Monitor. The Orchard pool theoretically holds around 3.88 million ZEC, valued at $1.65 billion.

Altcoins are showing strength relative to BTC and have entered an accumulation phase, according to crypto analyst CryptoCapo. He argued on X that the stock market's significant rally in recent months may have front-run the crypto market, and he believes some capital could rotate from stocks to crypto in the final stage before a major bear market. CryptoCapo noted that altcoins are maintaining relative strength compared to BTC. With many down 90% to 99% from their highs after prolonged corrections, he sees the current period as more suitable for accumulation than selling. He also anticipates that future regulatory changes will boost interest in crypto, suggesting that ISO 20022-related tokens like XRP, XLM, QNT, and HBAR, along with privacy coins such as XMR and ZEC, could show particular strength. However, he added that this potential rise is not the beginning of a new bull market. Instead, he views it as likely to be the final rally across most asset classes, including crypto, stocks, and real estate, before a full-blown bear market begins.

Fortune has released its 'Crypto 100' list for 2026. The list is divided into 10 categories, with the top-ranked entities in each as follows: - Centralized Exchanges: Coinbase (1st), Binance (2nd) - Traditional Finance (TradFi): Franklin Templeton (1st) - Fintech: Robinhood (1st) - DeFi: Hyperliquid (1st) - Venture Capital: Andreessen Horowitz (a16z) (1st) - Stablecoins: Tether (1st) - Crypto Services: Chainalysis (1st) - DATs and ETFs: BlackRock (1st) - Mining: MARA Holdings (1st) - Blockchains and Protocols: Bitcoin (1st)

3Jane, an unsecured credit lending protocol backed by Paradigm, has officially launched, the project announced via social media. Users can mint the stablecoin USD3 and participate in liquidity mining to earn JANE tokens as rewards. According to the announcement, USD3 is a credit-based, interest-bearing stablecoin with a supply cap of $50 million, while sUSD3 is a collateralized version of USD3 with leveraged exposure. The governance token, JANE, has a variable total supply, with the final amount to be determined in 2026, estimated between 1.111 billion and 6.666 billion tokens. Currently, 100% of issued JANE tokens are allocated to liquidity providers (LPs) and can be claimed after a seven-day vesting period.

According to CoinNess market monitoring, BTC has risen above $63,000. BTC is trading at $63,000 on the Binance USDT market.

South Korea's cryptocurrency trading volume was estimated at $69 billion in the first quarter of this year, maintaining its position as the world's second-largest market, the Seoul Economic Daily reported on June 11, citing a recent report from U.S. blockchain analytics firm TRM Labs. The United States led with $212 billion, followed by Russia ($48 billion), India ($46 billion), and Turkey ($40 billion). However, South Korea's volume fell 28% year-over-year, the steepest decline among major markets, compared to a global average decrease of 20%. TRM Labs attributed the sharp drop to the country's high proportion of retail investors and its sensitivity to global risk-off sentiment.

Bitcoin miner profitability has worsened, with the Puell Multiple falling from 0.83 in late May to its current 0.74, according to on-chain analyst Axel Adler Jr. He noted that while the current level is similar to that of mid-2024, it remains higher than the bear market bottoms of 2018 and 2022. Adler identified a Puell Multiple of 0.5 as the key baseline for miner capitulation, which coincided with large-scale miner shutdowns during the 2022 bear market. He described the current market as being in a phase of moderate pressure. Adler suggested that if the price of BTC falls below $55,000, the Puell Multiple could approach 0.50. Conversely, a move above $70,000 could alleviate pressure on miners and potentially reset the cycle's structure.

Iran and the United States are continuing to negotiate a preliminary agreement that includes a mechanism for releasing frozen funds, according to Iranian sources.

South Korea's ruling Democratic Party is positively considering the re-establishment of its Digital Asset Task Force, according to an exclusive report from Digital Asset. The party initially launched the task force last September, but it was dissolved along with all other intra-party task forces when the floor leader's term expired. The Democratic Party stated it plans to reconstitute necessary task forces once the formation of its standing committees is complete, a process it aims to finish by June 18 at the latest.

io.net (IO) has unveiled a new tokenomics model, the Incentive Dynamic Engine (IDE), to mark its third anniversary. The IDE adjusts the IO token supply based on network usage, with its core function being the permanent burning of IO tokens using revenue generated from the platform's services. As a result, the project anticipates burning a minimum of 12 million IO over the next year.

Hong Seong-guk, chairman of the ruling Democratic Party's National Economic Advisory Council, has called for the normalization of asset markets in response to the recent sharp decline in virtual assets, Digital Asset reported. Speaking at a parliamentary debate on June 11 commemorating the first anniversary of the Lee Jae-myung administration, Hong identified the digital asset market's downturn, which affects an estimated 10 million investors, and the risk of a weakening Korean won as urgent problems. He also proposed preparing for inflation driven by the prolonged war in Iran and a semiconductor boom, as well as adapting to post-war policy changes from the Trump administration.

The Iranian Foreign Ministry stated that a U.S. attack has rendered the ceasefire meaningless.

Bithumb CEO Lee Jae-won has been booked as a suspect on bribery charges amid an investigation into allegations that he was improperly solicited by independent lawmaker Kim Byung-ki to hire the politician's son, News1 reported. According to police sources on June 11, the Seoul Metropolitan Police Agency's Public Crime Investigation Division is investigating Lee for his alleged involvement in the hiring process. The lawmaker's son was reportedly employed by Bithumb as an intern for about six months starting around January of last year. Police are also looking into the fact that a former aide to Kim has been serving as an unofficial advisor to the exchange since around September of last year.

Spain's Cecabank has announced the launch of a cryptocurrency custody service for local financial institutions. The service will initially be offered to Spanish investment bank Renta 4 Banco, with trading and transaction execution managed by Bit2Me, a firm compliant with the European Union's Markets in Crypto-Assets (MiCA) regulation. Cecabank also plans to expand the service to neighboring European countries in the future.

According to CompaniesMarketCap, which tracks the market capitalization of major global assets and companies, Samsung Electronics has once again surpassed Bitcoin, climbing to 13th in the global asset rankings as of June 11. The two assets have been trading places in the rankings recently, with Bitcoin's ongoing weakness contrasting with a rally in South Korean semiconductor stocks, including Samsung Electronics.

Woori Bank has signed a business agreement with fintech startup CrossHub to improve payment convenience for foreigners visiting South Korea, Newsis reported on June 11. The two companies will jointly develop a digital wallet exclusively for foreign visitors, with a target launch in the second half of the year. The service will allow users to register their passport information and payment method once to access simple payments across major domestic platforms for services like transportation, delivery, and shopping without needing additional authentication. Additionally, the partnership will involve testing a domestic payment environment using foreign currency-based stablecoins to assess the feasibility of building a new payment infrastructure.

Japan's House of Representatives has passed a bill to classify cryptocurrencies as financial products, similar to stocks, which will lower the tax rate to a flat 20% starting in 2028, Bloomberg reported. Under current law, crypto profits in Japan are taxed at a maximum rate of 55%. The amendment also introduces penalties for crypto insider trading comparable to those for listed stocks and significantly increases punishments for unregistered crypto sellers. Once the amendment is enacted next year, the Japan Exchange Group (JPX) will be able to pursue listings for crypto ETFs, including those for BTC and ETH. This development could diminish the standing of companies like Metaplanet, which hold large amounts of cryptocurrency. Additionally, there is speculation that many of Japan's 27 smaller registered exchanges could face restructuring.

South Korean crypto exchanges Bithumb and Coinone have announced on their official websites that they will delist Highstreet (HIGH) at 6:00 a.m. UTC on July 13. The exchanges stated that they decided to terminate trading support after determining that the issues that led to HIGH's placement on a delisting watchlist have not been resolved.

Silicon Valley startup accelerator Y Combinator is urging the passage of the CLARITY Act. The firm stated that while blockchain enables low-cost, instant global asset transfers, 24/7 trading, and open APIs, it requires integration with key parts of the traditional financial ecosystem—such as banks, brokers, exchanges, and custodians—to be truly effective. According to Y Combinator, the CLARITY Act could achieve this by defining which crypto assets are securities and which are commodities, thereby completing regulatory clarity alongside the GENIUS Act. If the bill passes, the firm emphasized, companies could pay global customers instantly, exchanges could settle trades in seconds, and software firms could operate around the clock in 150 countries without needing banks.

An address believed to be associated with FTX and Alameda unstaked 200,241 SOL (approx. $12.99 million) about 32 minutes ago, according to Onchain Lens. Based on past patterns, the funds are likely to be split across multiple addresses and then transferred to Coinbase and Binance.

As Ethereum (ETH) entered a deeply oversold phase after falling 67% from its all-time high, open interest for the asset on Binance has reached a record 3.7 million ETH, crypto analyst Darkfost reported on X. He explained that traders are expanding their positions amid the price decline, with buying interest returning following the drop. Darkfost noted that Binance holds a market share of over 44% among all exchanges. Additionally, the weekly average Taker Buy/Sell Ratio has increased from 0.95 to 1.0, which he said suggests that market inflows are finding a balance after several months of a seller-dominated environment.

Singapore's largest bank, DBS, has announced the launch of a tokenized physical gold product for its retail clients. According to Reuters, the bank will offer the DBS Physical Gold Token through its digibank app in the second half of 2026. Each token will be pegged to one gram of physical gold stored by DBS in a dedicated vault in Singapore and will be redeemable for the physical metal.

BTC perp long/short ratios on top exchanges by open interest The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 49.84% long, 50.16% short - Binance: 50.67% long, 49.33% short - OKX: 50.56% long, 49.44% short - Bybit: 52.82% long, 47.18% short

The number of addresses holding Ethereum has reached approximately 195 million, according to on-chain analytics firm Santiment. In a post on X, Santiment noted that the number of ETH addresses has grown sharply over several cycles compared to other major assets. The current count is more than three times the number of Bitcoin-holding addresses, which stands at 59 million, and the gap between the two is steadily widening. The firm attributed this growth to Ethereum's dominance in DeFi, staking, and on-chain activity, indicating that holders are actively participating in the ecosystem. "While recent public investor sentiment has entered a state of extreme fear, long-term adoption is on the rise," Santiment explained.