Market Update & Key Developments - June 18, 2025
Market Update & Key Developments - June 18, 2025
🚨 JPMorgan Goes Full Crypto
Bitcoin dips to $104.2K as crypto majors decline 1-2%
GENIUS Act clears Senate hurdle, marking significant crypto legislation progress
Coinbase seeks SEC approval to offer tokenized stock trading
JPMorgan advances crypto adoption: meets with task force and launches JPMD pilot on Base
Notable security incident: Israeli hackers breach Iranian exchange Nobitex for $81.7M
Corporate crypto adoption continues: • Eyenovia: $50M PIPE for HYPE token • DDC Enterprise: $528M BTC treasury purchase
New launches: • PAWSE debuts on Vertigo ($70M FDV) • Kraken's Ink L2 plans AAVE airdrop • EigenLayer launches EigenCloud ($70M a16z backing)
What's new? 🔹Crypto majors up 1-4%; BTC at $109.5K 🔹@howardlutnick: US & China talks going really well 🔹White House denies @SecScottBessent to replace Powell 🔹@elonmusk: I regret some of my posts about President Trump 🔹Trump open to reconciling with Elon 🔹@coinbase says
What's new? 🔹Crypto majors rally 1-5%; BTC at 88K 🔹Gold hits ATH, largest weekly inflow ever 🔹Tension between Trump & Powell remains high 🔹@circle shares plans to launch USDC-powered remittance network 🔹SOL overtakes ETH in market cap staked 🔹@VitalikButerin proposes
What's new? 🔹Crypto majors rally 5-10%, BTC at $93K 🔹BTC ETFs see $912M in inflows, highest since launch 🔹Cantor, @SoftBank, & @Tether_to form multi-billion BTC acquisition vehicle 🔹Trump states he has no intentions of firing Powell 🔹Odds of Trump lowering tariffs on China
What's new? 🔹Crypto majors dip 1-2%; BTC at $104.2K 🔹GENIUS Act passes the Senate 🔹@coinbase requests SEC approval for tokenized stock trading 🔹JPMorgan meets with crypto task force to bring capital markets on-chain + launches a pilot for JPMD on Base 🔹Israeli hacker group
What's new? 🔹Crypto majors remain steady, $BTC at $87K 🔹@HyperliquidX drops 10% since exploit 🔹@gamestop shares plans to buy $1.3B in $BTC 🔹@Fidelity shares they've been testing $USD1 🔹@Polymarket under fire — holders accused of manipulating market outcomes
What's new? 🔹Crypto majors soar on US China trade progress; BTC at 96.6K 🔹Bitcoin dominance hits new 4-year high above 65% 🔹FOMC decision today, rate cuts odds only 3% 🔹New Hampshire passes 1st-ever Bitcoin Strategic Reserve 🔹@Citi reveals plans to bring pre-IPO private
What's new? 🔹Majors rebound ahead of FOMC with $ETH leading at $2,020 🔹@RaydiumProtocol announces @pumpdotfun competitor, token slightly moves 🔹@yeet raises $7.75M for new crypto casino 🔹100 $ETH ($193k USD) sale on @SamSpratt's Masks 🔹 @nvidia announces humanoid robot
What's new? 🔹Crypto majors rally; BTC at $107.9K 🔹@X announces @Polymarket as official prediction market partner 🔹@Gemini files for IPO 🔹@pumpdotfun reportedly considering rev share and airdrop for its token launch 🔹@PlasmaFDN launches $250M ICO 🔹@MicroStrategy raises
What's new? • SOL drops after LIBRA scam from Milei & Kelsier • Milei at risk of impeachment from launch • Coffeezilla interviews LIBRA creator • Jupiter, Meteora, Moonshot all deny involvement • BTC network activity hits 12-month lows
What's new? • Kaito token launches, hits $1.5B FDV in early trading • Virtuals launches foundation for autonomous agentic economy • Memeland announces new roadmap, MemePay and Meme Strategy • Monad testnet goes live, Fantasy Top launches free-to-play game there
What's new? • Bitcoin at $85K • Fear and Greed hits lowest level in 18 months • BTC ETFs see another $750M in outflows • Kaito soars another 30% leading alts • Bank of America plans to enter the stablecoin game under crypto-friendly Trump
What's new? 🔹Crypto majors rally 1-3%; BTC at $93.7K 🔹XMR briefly soars 50% after $330M suspected BTC whale hack 🔹Democrat Senators launch ethics probe over dinner for top TRUMP holders 🔹Defi Development announces $1B securities offering to buy SOL 🔹Memecoins have huge
What's new? • Crypto majors dip ahead of CPI, Bitcoin at $96,000 • Trump WLFI project debuts ‘Macro Strategy’ • Trump selects a16z Crypto’s Head of Policy for CTFC chair • Uniswap debuts Unichain as stand alone L2 for DeFi • Powell: "US has no plans for a digital dollar"
What's new? 🔹Crypto majors still shaky, BTC at $78K 🔹The White House says they no longer want the dollar to be global reserve currency 🔹Larry Fink says it's a better time to buy than sell 🔹Trump's @worldlibertyfi shares proposal for USD1 airdrop 🔹Trump threatens additional
What's new? 🔹Crypto majors down 2-7%; BTC at $104.3K 🔹Market reacts poorly to tariff reinstatement 🔹@SECGov moving to drop Binance case 🔹@SecScottBessent: Trade talks with China stalled 🔹PSG announces BTC treasury strategy 🔹@JamesWynnReal loses $100M in 1 week 🔹 Sharplink
What's new? 🔹Crypto majors steady/slightly green 🔹Two competing bills are trying to establish Strategic Bitcoin Reserve 🔹@GoldmanSachs mentions crypto in its 2024 shareholder letter for the first time 🔹@berachain teases Pump Fun launch 🔹@BNBCHAIN leads L1s 🔹$6.4b outflow
What's new? • ALTs dominate top movers with many seeing double digit gains • New SEC cybercrime unit to put end to crypto crime SZN • SEC drops case against Coinbase, COIN jumps pre-market • KAITO soars in debut, hits $2B FDV; priority to stakers and NFT holders
What's new? 🔹Crypto majors slightly rebound after heavy dips 🔹@saylor plans to raise $21B via stock sale to buy $BTC 🔹@arbitrum team reveals $ARB buy back plans 🔹Sam Spratt announces The Masquerade finalists 🔹@bubblemaps launches gamified token 🔹Trump to ease banking
What's new? 🔹 The U.S. govt. signaled a willingness to ease tariffs on Mexico & Canada 🔹 Majors soar 6-10% with the above news ^ 🔹 Lutnick: Trump to announce Bitcoin Reserve on Friday, while other tokens will be treated differently 🔹 Reddit co-founder announced
What's new? 🔹Crypto majors mixed; BTC at $105.2K 🔹Trump Media files for spot Bitcoin ETF 🔹@ethereumJoseph hints at a major sovereign wealth fund building on ETH 🔹California Assembly passes Bill to Let State Agencies Accept Crypto — Heads to Senate Next 🔹@SenLummis: US
What's new? • BTC dips to $94k post CPI • BNB market cap surpasses SOL • ETH foundation deploys 30.8k ETH • Vitalik promotes communism in joke post • SOL Telegram bots begin to flip ETH revenue
What's new? • Crypto majors fall then rebound, BTC back at $88k • BTC ETFs see worst 2-day stretch with 1.5B in outflows • SEC drops case against Uniswap • Hyperliquid beats all chains and DEXes in 24-hour revenue • PayPal to ramp up adoption of its stablecoin this year
What's new? 🔹Crypto majors continue upward; BTC at $109K 🔹BTC records highest daily close ever 🔹More Americans now own BTC than gold 🔹Texas passes its Bitcoin Strategic Reserve bill 🔹Argentina dismantles Libra scandal task force 🔹Solana’s new ‘Alpenglow’ upgrade aims for
What's new? • Crypto majors fall in major selloff, BTC touches $87,500 • Alts and memes fall even further with many down 10%+ • The Citadel announces it will enter crypto via market making • Ethena raised $100M for a new TradFi-focused stablecoin
What's new? • Bitcoin ~$98K • Japan's Financial Service Agency to revise crypto policy • Metaplanet shares plans to buy 21,000 BTC • Saylor buys another 7,633 Bitcoin worth $742M • Solana stablecoin TVL flips its memecoin market cap
What's new? • Bybit announces full recovery of funds from historic hack • SEC drops case against Robinhood Crypto • Pump Fun launches its own liquidity pools, RAY falls 35% • KAITO soars 30% after announcement of new rewards tiers
What's new? 🔹Crypto majors pick up 4-7%, $BTC now at $87.5k 🔹RWAs pass $10B & @Fidelity announces plans for a new on-chain fund 🔹@Tether_to engages Big 4 firm for potential independent audit 🔹@berachain PoL to begin today 🔹Several big @cryptopunksnfts sales, including a
What's new? 🔹Market meltdown causes majors to crash, BTC at $78K 🔹ETH/BTC hits 5-year low at 0.019 (52 ETH : 1 BTC) 🔹Circle considers delaying its IPO due to Coinbase fee concerns 🔹Fartcoin up 10% amidst chaos 🔹Tether to create new stablecoin if US pushes out USDT 🔹Whale
What's new? 🔹Crypto majors recover after weekend selloff; BTC at $110K 🔹Major banks including @Chase and @BankofAmerica collaborate on stablecoin project 🔹HYPE hits ATH 🔹@HSBC launches blockchain-based settlements in the HK 🔹@JupiterExchange teases new Lend product 🔹CFTC
What's new? • FTX begins $1.2B in repayments to small claim holders • Schwab creates Head of Digital Assets Position • Saylor’s Strategy to raise another $2B for Bitcoin • Kaito announces TGE for Feb 20, tokenomics to come
What's new? 🔹Crypto majors call 1-4%, $BTC at $83K 🔹FDIC permits bank to enter crypto 🔹Trump family invests in Bitcoin miner 🔹@opensea gives XP to anyone who bought + held over past 6 weeks 🔹@TaprootWizards dominate NFT volume, however down to 0.16 BTC 🔹ETH/BTC ratio is at
What's new? 🔹Majors continue to rally with $ETH leading & $BTC holding $90K+ 🔹Coinbase pushes forward on tokenized stocks 🔹Sui joins @worldlibertyfi's DeFi push with $SUI in its reserve 🔹@cryptopunksnfts see 20 sales, biggest day in weeks 🔹Jump's restoring its
What's new? 🔹Crypto majors rally 3-8%; BTC at $82.4K 🔹@Grayscale shares new report on tariffs boosting BTC 🔹@RealRossU to speak at Bitcoin Vegas in May 🔹@AIWayfinder launches $PROMPT; debuts at $190M, now $370M 🔹Alien @cryptopunksnfts sells for $6M, marking largest NFT loss
What's new? 🔹Crypto majors dip; BTC at 107.5K 🔹Trump Media announces plans to raise $2.5B to buy crypto 🔹@MetaMask rolls out Solana support for trading + apps 🔹@echodotxyz announces Sonar as new ICO launchpad 🔹Cantor completes first transactions for new $2B lending business
What's new? • Crypto majors red, SOL falls 8% as LIBRA fallout worsens • Javier Milei faces fraud charges over role in Libra • Meteora founder resigns due to role in Libra and broader meme scandal • OpenSea pivots rewards system due to recent feedback
What's new? • Bitcoin $82K • Total crypto market cap now below 2021 peak • Uniswap introduced a fiat offramp • Base intro'd Flashblocks as 10x improvement in speed • SEC declares memecoins aren’t securities, says crime will still be prosecuted
What's new? 🔹Crypto majors slightly red, BTC at $103.3K 🔹@RobinhoodApp acquires Canadian crypto firm @WonderFi for $180M 🔹US stocks are now green on the year 🔹Abraxas Capital Management buys $500M of ETH over past week 🔹@launchcoin ecosystem reaches $400M in size, sees
What's new? 🔹Crypto majors dip up to 3%, BTC at 85K 🔹@movementlabsxyz conducting 3rd party investigation into $MOVE irregularities, co-founder takes leave 🔹US may purchase BTC with tariff revenue 🔹Oklahoma becomes 7th state to vote “No” on Bitcoin Bill 🔹Janover begins
PumpFun & Alon X Accounts Restored After Suspension
Two prominent crypto community accounts on X (formerly Twitter) have been reinstated following recent suspensions. **PumpFun** and **Alon** regained access to their platforms, marking a partial resolution to the broader suspension wave. However, several other affected accounts within the crypto community remain suspended with no clear timeline for restoration. This development highlights ongoing tensions between social media platforms and crypto content creators.
Fed Maintains Interest Rates Steady at 4.25-4.50%
The Federal Reserve has maintained its current interest rate policy, keeping rates within the 4.25% to 4.50% range. This marks the third consecutive meeting with no rate changes, suggesting stability in the Fed's monetary policy stance. Key points: - Interest rates remain at 4.25-4.50% - Decision reflects continued policy stability - Third straight meeting without changes This decision aligns with market expectations and indicates the Fed's careful approach to monetary policy management.
FOMC Press Conference Livestream
The Federal Open Market Committee (FOMC) will hold its press conference, which can be viewed live. These meetings are crucial events where the Federal Reserve announces decisions on monetary policy and interest rates that impact global markets. - Watch the Federal Reserve Chair deliver insights on economic outlook - Learn about upcoming policy decisions firsthand - Understand potential market implications *The FOMC's decisions significantly influence crypto markets and broader financial systems.* [Watch the livestream here](link-placeholder)
Coinbase Payments Integration Goes Live on Shopify
Coinbase has launched USDC payment capabilities on Shopify, marking a significant development in crypto-commerce integration. The feature is currently available to select early access stores, with broader rollout planned this year. Key features: - 24/7 borderless payment processing - Reduced transaction costs - Fiat offramp capabilities - Future programmable reward system The integration is powered by Stripe and operates on the Base network. This partnership represents a major step toward mainstream crypto payment adoption in e-commerce.
Music NFTs Update June 2025
Music NFTs continue to evolve in the web3 ecosystem. Key developments: - Major labels exploring decentralized distribution models - Independent artists report 300% increase in direct fan revenue - New streaming platforms integrating NFT ownership rights The technology enables artists to maintain rights control while offering fans unique experiences and ownership opportunities. Several platforms now support fractional ownership of master recordings. *Technical implementations have improved significantly since late 2024, with lower gas fees and smoother user experiences.* **Next steps for artists:** - Review platform options - Understand smart contract implications - Develop fan engagement strategy