Arthur Hayes stated at Consensus 2026 that although 99% of altcoins may go to zero, this phenomenon is similar to the historical turnover of S&P 500 component companies and does not mean the end of the industry. He pointed out that about 98% of S&P 500 companies have been eliminated since 1929, and market clearing is a normal cycle. The altcoin ecosystem will continue to exist and evolve.

Sequans Communications sold nearly half of its Bitcoin reserves due to losses and debt pressure. （Decrypt）

CME Group plans to launch Bitcoin volatility futures, contracts based on expected volatility rather than Bitcoin prices, providing traders with new hedging or speculative tools. This will expand CME's cryptocurrency derivative product line. （CoinDesk）

Executives from Citigroup, JPMorgan and DTCC said at Consensus that genuine client demand is driving real-world use of tokenized assets. What to know : Major Wall Street institutions, including Citigroup, JPMorgan and DTCC, say blockchain-based tokenization is quietly moving into production, handling real volumes for real clients rather than remaining a pilot technology. Banks are integrating blockchain rails into existing market infrastructure to enable 24/7, real-time movement of money and securities, reshaping corporate treasury, collateral management and cross-border payments. Executives stress that tokenization will evolve the financial system rather than replace it outright, preserving key intermediaries even as traditional finance and decentralized systems steadily converge.

Crypto market momentum could extend further unless geopolitical risks flare up again, one analyst said. What to know : Bitcoin climbed to $81,500 on Tuesday, extending a rally fueled by more than $500 million of inflows into spot bitcoin ETFs led by BlackRock and Fidelity. The latest leg of the crypto rally is concentrating in tokenization plays, with shares of Bullish, Galaxy Digital, and native token of Centrifuge gaining on tokenization-related news.