📊 Crypto Morning Recap — June 18, 2025
While the market slept, major headlines emerged 👇
🔸 GENIUS Act Passed in the U.S. Senate (68–30)
This landmark crypto legislation mandates full reserve backing for USD-pegged stablecoins and annual audits for issuers with a $50B+ market cap. It’s the first major bipartisan crypto law supported by both parties and the Trump administration.
➡️ Could this set the stage for a U.S.-led stablecoin standard?
🔸 BBVA Recommends 3–7% Crypto Allocation
Spain’s BBVA advises high-net-worth clients to dedicate up to 7% of their portfolio to crypto (mainly BTC & ETH). The bank is expanding its digital asset services despite EU regulators' caution.
💬 Even 3% in BTC can improve portfolio performance without much added risk, they say.
🔸 Meta Pool Hack: ~$132K Stolen
A hacker exploited a vulnerability in Meta Pool's ERC4626 mint() method, generating 9,705 mpETH (≈$27M), but managed to steal only 52.5 ETH (~$132K) due to low liquidity.
🛡️ The breach was contained early thanks to built-in monitoring.
📉 Market at a Glance
BTC trades at ~$105,192
ETH at ~$2,527
SOL shows weakness
Top loser: Cardano (ADA) -3.79% daily / -14.6% weekly
Top gainer: Kaia +4.91% (24h)
Best weekly surge: AB +38.72%
📢 What does this all mean?
U.S. is getting serious on crypto rules 📜
European banks are warming up to Bitcoin 🏦
Smart contract security is still a challenge ⚠️
The market is hesitant — bulls need real fuel, not just hopes.
🧠 Your move:
Will regulation be crypto’s biggest catalyst in 2025, or a threat to decentralization?
👇 Drop your thoughts & tag your favorite crypto project building through the bear!
#CryptoNews #GENIUSActPass #BTC #ETH #BinanceSquare