🔥 #CoinRank Weekly Crypto Report | (June 16–June 21)
🚨 Crypto platform #Infini discontinues all card products (Global, Lite, Tech) effective immediately due to rising compliance costs. Automatic refunds within 10 days.
💰 Bitcoin Layer 2 #Plasma raises $1B through $XRP token sales, targeting late summer 2025 launch with zero-fee stablecoin transfers. Backed by Tether CEO & Peter Thiel.
🔥 #Trump calls Fed Chair Powell "Mr. Too Late" on Truth Social, pressuring for rate cuts during second term campaign.
🚀 $LABUBU meme coin surges 54% to $55M market cap, riding Pop Mart character's Asian popularity promoted by #BLACKPINK's Lisa.
📊 #Fed holds rates steady at 4.25-4.50% for fourth consecutive meeting. September cut probability rises to 71%.
🏦 JD.com plans stablecoin launch by Q4 2025 pending Hong Kong HKMA approval, targeting HKD/USD-pegged public-chain token.