🔥 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