+ $BTC still stuck at $104K - $105K, altcoins can't thrive

+ Fed implicitly warns of economic stagnation risk as it lowers GDP growth forecast and adjusts inflation forecast upward

+ President Trump hesitates to attack Iran due to concerns that the US will be dragged into a protracted war

📝 ETF Spot session June 18

+ BTC positive +$388.7M, BlackRock buys +$279.3M, 8th consecutive positive session

+ ETH is positive +$4M, Grayscale Mini buys +$4M, BlackRock has no data yet

+ President Trump praises Senate's passing of GENIUS stablecoin bill, calls on House to learn to sign into law soon

+ US Department of Justice (DOJ) seizes ~$225M related to crypto investment fraud, this is the largest Crypto seizure in history, with support from Tether

+ Coinbase introduces Coinbase Payments, a USDC stablecoin payment solution for merchants, reducing dependence on blockchain infrastructure

+ FalconX crypto exchange is in preliminary talks to IPO as early as 2025, after raising $150M in 2022 at an $8B valuation

+ Bitdeer mining company issues $330M convertible bonds, ramps up infrastructure expansion and ASIC chip production for Bitcoin mining

+ Nasdaq-listed Lion Group Holding raises $600M to launch HYPE reserve strategy, along with SOL and SUI

🪂 Airdrop

+ Humanity Airdrop - Project ramps up communications with Kaito ahead of TGE

+ Newton update - Project allocates additional 0.15% of total supply

+ Public AI Airdrop - AI project Depin successfully raises $12M

#etf