The Block - 2026-06-10
3 items collected.
1. Bitcoin takes back seat to stablecoins and tokenization among financial advisors: Bitwise CIO
Author: Yogita Khatri
Published: 6/10/2026, 8:00:26 PM
Categories: Companies, Crypto Ecosystems, DeFi, Infrastructure, Market Updates, Markets, Stablecoins, Token Projects, Web3, Assets, Avalanche, Bitcoin, Crypto, Ethereum, Solana, Tokenization, Tokens, USDC
Bitwise CIO Matt Hougan said financial advisors are now showing more interest in stablecoins and tokenization than bitcoin.
2. Elon Musk’s SpaceX IPO could become bitcoin’s latest headwind
Author: RT Watson
Published: 6/10/2026, 7:10:39 PM
Categories: Equities, Markets, spacex
SpaceX setting aside up to 30% of IPO shares for retail investors could prompt investors to exit crypto assets like Bitcoin and Ethereum.
3. Solana infrastructure firm Helius acquires Light Protocol to expand onchain privacy
Author: Daniel Kuhn
Published: 6/10/2026, 6:58:51 PM
Categories: Crypto Ecosystems, Deals, Infrastructure, Layer 1s, Mergers & Acquisitions, Developer tools, exclusive, Private Company Mergers and Acquisitions, Solana
The acquisition comes amid a moment of consolidation in the crypto industry and during a resurgent interest in onchain privacy.