Reality, Bitget’s licensed real-world asset issuance platform, said it has expanded its partnership with U.S. audit firm The Network Firm. Under the upgraded arrangement, The Network Firm will issue daily proof-of-reserves audit reports for Reality’s U.S. stock token product, rToken, using attestation standards set by the American Institute of Certified Public Accountants, or AICPA. The stated purpose is to verify that every issued rToken is matched by the corresponding stock or ETF held in a custodial account. The underlying equities and ETFs will continue to be held by Alpaca Securities LLC, a U.S. securities broker registered with FINRA and protected by SIPC, creating a three-party structure that separates issuance, verification, and custody. Reality said rToken currently supports 634 tokenized stocks and ETFs and is deeply integrated with the Bitget ecosystem, including use cases such as unified account margin and staking-backed lending. Earlier data showed Bitget’s stock token rToken exceeded $100 million in assets under management one month after launch.

Stripe founders Patrick and John Collison said blockchains may need to handle 1 billion transactions per second if AI agents take over most online commerce, far beyond the capacity of today’s leading networks.

Bitcoin pulled back from $98,000 but stayed above $95,000, with a market cap near $1.9 trillion. Altcoins were mostly flat, while Monero fell 12% in 24 hours and ICP dropped 9%.

Internet Computer (ICP) surged 9% in 24 hours with trading volume soaring 93%. A DFINITY proposal to burn 20% of cloud engine revenue for ICP buybacks acts as a key catalyst.

The crypto market dipped slightly to $2.68T total cap, but TON, VVV, NEAR, M, and ICP posted double-digit gains. TON surged 29% on Telegram becoming its largest validator; NEAR rallied on NVIDIA partnership; VVV, M, and ICP each had distinct catalysts.

ICP token surged over 12.5% after Upbit listing, adding $110M market cap in one hour and pushing daily volume above $140M. South Korean traders drive fresh liquidity.

The European Central Bank raised its three key rates by 25 basis points, its first hike since 2023, after higher energy prices pushed euro area inflation higher and led policymakers to revise forecasts.

The crypto market fell 3.8% on June 6, with BTC down 3.75% to $61,299 and ETH plunging 9.84% to $1,592. The Fear & Greed Index hit 12, signaling extreme fear. Global regulatory actions and institutional moves also surfaced.