🔥 HOT MARKET - Wednesday 18/06

📉 Market:

• BTC dropped to $104K, altcoin is sluggish. Market sentiment returns to level 52 - “Neutral”.

• Waiting for the FED to announce interest rates at 1:00 AM tomorrow (99.9% chance of keeping it unchanged), FOMC press conference 30 minutes later.

📈 Spot ETF 17/06:

• BTC net inflow +$217M, with BlackRock buying up to $640M (seventh consecutive positive session).

• ETH inflow +$10.7M, BlackRock purchased $36M, Fidelity sold -$20M.

🏛️ Major Policies & Organizations:

• The GENIUS bill has passed the Senate, awaiting House and Trump’s signature.

• Coinbase requests SEC approval to test stock tokenization.

• JPMorgan is testing USD token on the Base blockchain.

• BBVA (a major Spanish bank) advises clients to allocate 3–7% into BTC, ETH.

🧊 Solana ETF: VanEck VSOL is now available on DTCC – coming soon.

💸 Aggressive Investment Organizations:

• USA: Eyenovia raised $50M to buy HYPE token, establishing a reserve.

• China: DDC Enterprise raised $528M, already owns 138 BTC.

🎁 Notable Airdrops:

• ZkVerify – a project from Horizen Labs

• Gradient – raised $10M from Pantera

• PrismaX – raised $11M from a16z CSX

#BTC