Catenaa, Wednesday, June 18, 2025– US President Donald Trump has called for a huge reduction in US interest rates and asked whether he can “appoint myself” at the Federal Reserve, hours before the Fed announcement. “We should be two [percentage] points lower; it would be nice to be two-and-a-half points lower,” Trump said at the […] source: https://investors.catenaa.com/news/trump-calls-for-huge-rate-cut-from-feds

Rate cuts drift into Q4 limbo as markets pretend everything’s fine source: https://blockworks.co/news/macro-volatility-keeps-solana-range-bound

Coinbase has signed a deal to use USDC as collateral in US futures trading, pushing the stablecoin deeper into mainstream financial markets. The announcement came on Wednesday through the company’s website. Coinbase Derivatives, a subsidiary of the exchange, will partner with Nodal Clear, a clearinghouse, to get regulatory approval for the first use of a […] source: https://www.cryptopolitan.com/coinbase-usdc-for-futures-trading-collateral/

New projections indicate that Social Security will be unable to pay full benefits by 2033, raising concerns for future retirees. source: https://www.thestreet.com/crypto/markets/social-security-funds-are-running-out-new-data-shows

The cryptocurrency market is trading relatively flat on Wednesday, with Bitcoin reclaiming the $104,000 level. Sentiment remains cautious amid rising geopolitical tensions. source: https://www.benzinga.com/crypto/cryptocurrency/25/06/46007071/bitcoin-ethereum-xrp-dogecoin-trade-sideways-is-btc-bull-market-entering-its-final-leg?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Chinese Bitcoin hardware manufacturers Bitmain, Canaan and MicroBT, who together sell more than 90 % of global mining rigs, have shifted production to the United States to sidestep tariffs. The move shows the ‘digital dependency trap’ facing US miners and the $11. 9 billion market at stake source: https://cryptonews.com/news/chinese-bitcoin-hardware-titans-95-market-us-move/

Circle stock hits a new ATH, nearing $200. source: https://www.thestreet.com/crypto/markets/tech-stock-soars-30-in-breakout-rally-thanks-to-this-genius-move

The project aims to solve the problems of managing legal documents by large corporations like Ford source: https://u.today/ford-joins-cardano-based-project-details

Federal Reserve keeps rates unchanged. Impacts on Bitcoin and Ethereum remain minimal. source: https://coincu.com/344125-fed-rate-decision-crypto-impact-4

According to Cointelegraph, New York officials have successfully disrupted a cryptocurrency investment scam that targeted the Russian community, recovering $140,000 and freezing $300,000 in stolen funds. The investigation, led by the Brooklyn District Attorney’s office, the New York State Attorney’s office, and the New York State Department of Financial Services, revealed that scammers used fake digital asset investment ads on social media platforms like Facebook to deceive victims. The fraudulent scheme involved enticing Russian speakers with misleading advertisements, prompting New York Attorney General Letitia James to urge vigilance among residents regarding online cryptocurrency investment ads. Despite the recovery and freezing of over $440,000, the scam resulted in more than $1 million in losses in the Brooklyn area alone, affecting over 300 individuals. The perpetrators allegedly operated a fake crypto investment website, falsely claiming to possess a BitLicense, which is mandatory for crypto firms offering services in New York State. The investigation also highlighted the use of "Black Hat" advertisements, primarily in Russian, on social media platforms. Meta, Facebook's parent company, reportedly took action by shutting down over 700 ads upon learning of the fraudulent activities. This case underscores the ongoing vulnerability of crypto users to scams, as Chainalysis reported approximately $51 billion in illicit transaction volume involving digital assets in 2024. Although payments related to ransomware attacks decreased by 35%, there is growing concern about the use of artificial intelligence in facilitating scams. The scam is reminiscent of other notorious schemes that utilized social media ads for fake crypto investments, such as the impersonation of Ripple CEO Brad Garlinghouse in fake XRP airdrops. Garlinghouse, a significant figure in the crypto industry, has been in the spotlight due to Ripple's legal challenges with the U.S. Securities and Exchange Commission. This incident serves as a reminder of the persistent threats in the digital asset space and the importance of vigilance among users.

The emerging strategy is to build products that solve real problems, demonstrate product-market fit through crypto-native channels, and then scale through traditional financial infrastructure.

On Wednesday, June 18, Pan Gongsheng, governor of the People’s Bank of China, mentioned stablecoins for the first time at the 2025 Lujiazui Forum.

JD.com’s layout can be interpreted as a bottom-up exploration of the internationalization of the RMB driven by market forces.

The central bank governor mentioned stablecoins for the first time. You need to pay special attention to this signal.

No matter what risk isolation measures Tether takes, it will ultimately be difficult to escape the "long-arm jurisdiction" of the United States.

Recommended readings tonight: 1. The GENIUS Act was passed by the US Senate. What impact will it have on the crypto industry? 2. Bitwise: What is fiat currency? Why are people rushing to buy gold and BTC? 3. How the GENIUS Act shakes the throne of Tether.

Stablecoin, Liu Qiangdong announced the development of stablecoin. Big companies have found a "new gold mine". Golden Finance, cryptocurrency has returned to the mainstream vision as a legal entity.

JD.com, the Chinese e-commerce giant, has announced plans to apply for stablecoin licenses in multiple countries as part of a comprehensive strategy to revolutionize cross-border payments.

China’s central bank announced a new international hub in Shanghai to support the global use of its digital yuan. The move is part of a wider plan to reduce reliance on the US dollar and promote financial innovation through blockchain technology.

Hong Kong, Stablecoin, Interpretation of Hong Kong's new stablecoin regulations: How to reshuffle the industry landscape? Golden Finance, Without trust, innovation will eventually fail!