🌙 Closing of the crypto market – Wednesday, June 19, 2025
🔥 An intense day for Binance and the Web3 universe!
🛠️ 1. Binance manages a smooth hard fork
Today at 00:28 UTC, Binance temporarily suspended deposits and withdrawals on IoTeX (IOTX) for a critical network update (block 36,893,881).
✅ Trading remained active, proof of solid technical mastery.
🔄 Operations will resume as soon as network stability is confirmed.
💸 2. USA: towards historic regulation of stablecoins
The GENIUS Act has just been approved in the Senate 🇺🇸 (68 in favor, 30 against). This text establishes a clear and strict framework for stablecoins:
🔐 100% guaranteed reserves (cash + safe securities)
📊 Mandatory monthly audits
📜 Oversight by an independent authority
🧨 Immediate impact:
The USDC token (Circle) skyrockets in confidence,
Binance may need to make deep adjustments,
And Trump may sign this law in the coming days.
📈 3. Market side: calm before the storm?
Bitcoin (BTC) closes around $104,600, after a day between $104,000 and $105,183.
BNB (Binance token) finishes at $643.8, rather stable despite a low of $638.
The market remains attentive to upcoming announcements… and US politics.
🔍 4. Issues to watch
✅ Binance once again demonstrates its tech power and anticipatory capability.
✅ The GENIUS Act can boost the global credibility of stablecoins (Tether, USDC, etc.)
⚠️ But some denounce a political risk: Trump, memecoins, and conflicts of interest… things are heating up behind the scenes of Web3!
🔽 And what do you think?
Do well-managed hard forks make Binance a “safe” exchange?
Is the GENIUS Act a step forward or a regulatory trap?
Does Web3 need more government… or less? 😅
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