Major Crypto Updates: GENIUS Act, JPMorgan's Move, and Market Activity

Several prominent Web3 accounts on X (formerly Twitter) have experienced recent disruptions: - PumpFun and Alon's accounts were successfully restored on June 18, 2025 - Multiple other community accounts remain in suspended status - Previous incident: December 16, 2024 account compromise was resolved *Current Status*: Partial restoration of affected accounts, with ongoing suspensions for some community members. **Note**: This situation continues to develop and may require monitoring for further updates.

The Federal Reserve has maintained its steady course on monetary policy, keeping interest rates unchanged at 4.25% to 4.50%. This marks the third consecutive decision to hold rates stable, following similar votes in March 2025. The Fed's consistent approach suggests confidence in current economic conditions while maintaining vigilance on inflation targets. - Current rate range: 4.25-4.50% - Previous decision: March 2025 - Status: Unchanged *This continues the Fed's cautious stance on monetary policy adjustments in 2025.*

The Federal Open Market Committee (FOMC) press conference is scheduled for live broadcast. Fed Chair Jerome Powell will provide insights into U.S. central bank policy direction. - Key focus will be on future monetary policy guidance - Market participants await potential signals about interest rate decisions - Press conference follows recent FOMC meeting deliberations *Watch the live stream to stay informed about crucial economic policy developments that could impact markets.*

Coinbase has launched USDC payment integration with Shopify, marking a significant step in mainstream crypto adoption. The feature is currently available to select early access stores. Key features: - 24/7 borderless payment capabilities - Reduced transaction costs - Fiat offramp options - Future programmable rewards system The integration is powered by Stripe and operates on the Base network. Merchants worldwide will soon have access to this payment solution, with the Coinbase Shop already implementing USDC checkout functionality.

Music NFTs continue to evolve in the digital landscape with several key developments: - Major labels are increasingly adopting NFT technology for music distribution - Independent artists report 40% higher earnings through direct NFT sales - New platforms emerging that combine streaming with NFT ownership rights The integration between traditional music platforms and blockchain technology is accelerating. Artists now have more control over their work through smart contracts. *Notable changes*: - Improved royalty tracking systems - Enhanced fan engagement metrics - Simplified minting process for creators **Key Takeaway**: The music NFT space is maturing with practical infrastructure rather than speculative hype. [Learn more about music NFTs](https://web3musicguide.com)