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#alert $73M drained from Iran’s biggest crypto exchange, Nobitex But this wasn’t just a hack, No funds stolen, They were burned @zachxbt found it ties to a larger cluster of Iranian wallets, including a Binance-linked address hit weeks earlier Now looks like >$90M lost 🤯 #USDT🔥🔥🔥 #altcoins #Binance
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#PowellRemarks Here’s a concise breakdown of **Fed Chair Powell’s June 18, 2025 remarks** and their potential implications: ### **Key Takeaways:** 1. **Rate Cuts Delayed, Not Denied** - The Fed sees cuts as likely but is waiting for **more data** (likely Q3/Q4 2025). Markets may need to adjust timing expectations. - *Why?* They want **certainty** that inflation is sustainably near 2% before acting. 2. **"Wait-and-See" Mode** - The Fed is prioritizing **caution** over speed, avoiding premature moves that could reignite inflation or destabilize growth. - *Watch:* Upcoming CPI, jobs, and GDP reports for clues on timing. 3. **Inflation Warning** - Powell flagged a **"significant rise" in inflation ahead**, likely due to lingering supply shocks or energy prices. - *Implication:* Rate cuts could be **shallower or delayed further** if inflation spikes. 4. **Strong Labor Market = No Rush** - Low unemployment (likely near 3.5–4%) gives the Fed **room to hold rates higher for longer** without urgent pressure to ease. 5. **Inflation’s Lagged Effects** - Powell stressed that inflation trends unfold **gradually**—suggesting patience is needed before declaring victory. #Market & Economic Implications:** - **Short-term:** Stocks may dip on delayed cuts, but stability in jobs could limit downside. - **Bonds:** Yields could stay elevated; traders may push out rate-cut bets. - **Consumers/Businesses:** Borrowing costs (mortgages, loans) remain high until late 2025. Bottom Line:** The Fed is **preparing markets for a slower, data-driven path to cuts**, with inflation and labor trends as the gatekeepers. **#Fed #Economy** #Write2Earn #altcoins #Binance Would you like deeper analysis on any specific point?
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$USDC Coinbase taps Circle’s USDC for its new stablecoin payment The next era of commerce may be settled in stablecoins. Coinbase Payments, now live on Shopify, delivers a plug-and-play stack that enables platforms to offer global, instant USDC transactions with minimal friction. In an announcement on June 18, Coinbase unveiled its new end-to-end stablecoin payments infrastructure, built to bridge the gap between traditional commerce and onchain finance. The solution, powered by Coinbase’s layer-2 network, Base, allows merchants to accept Circle’s stablecoin USDC without dealing with blockchain complexity. Shopify, the first major partner, has already integrated the system, enabling its vast merchant base to receive near-instant, low-cost USDC payments from customers worldwide.#altcoins #BTC
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Circle stock surges 34% to $200 record high after GENIUS Act passage, now up 500% from IPO
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