The recently passed "GENIUS Act" by the U.S. Senate has injected strong momentum into the cryptocurrency industry, especially highlighted by the performance of stablecoin issuer Circle (CRCL). Stimulated by this positive news, Circle's stock price surged 34% in a single day, setting a new historical record. This milestone event not only boosted market confidence in the regulatory prospects for stablecoins but also ignited investor enthusiasm for cryptocurrency-related stocks. With Circle successfully completing its IPO, there is widespread belief in the industry that this will serve as a bellwether for crypto companies entering traditional capital markets. Multiple analysts have pointed out that this successful listing may trigger a chain reaction, prompting more blockchain companies to initiate public offering plans, thereby opening a new chapter in the deep integration of the cryptocurrency industry with traditional finance. Current market sentiment has clearly turned optimistic, indicating that crypto assets are gradually gaining recognition within the mainstream financial system.
#鲍威尔发言 The Federal Reserve decided to keep the benchmark interest rate unchanged at its latest policy meeting, marking the fourth consecutive time the central bank has remained on hold. Fed Chairman Powell emphasized at the press conference that while recent inflationary pressures have eased, the decision-makers need to see more economic data to confirm that inflation is consistently falling toward the 2% target before considering initiating a rate-cutting cycle. According to the Fed's latest economic forecast summary for 2025, officials expect two rate cuts of 25 basis points each to take place next year. This cautious stance has drawn strong criticism from former President Trump, who recently publicly labeled Powell's decisions as "foolish" and argued that the Fed should aggressively cut rates by 2 percentage points to stimulate U.S. economic growth through loose monetary policy. These comments have reignited the debate between the White House and the Fed over the independence of monetary policy, reflecting the potential influence of political factors in an election year on central bank decisions. Currently, the market generally expects the Fed to begin gradually easing monetary policy in the second half of this year after obtaining more certainty about falling inflation.
$USDC The passage of the GENIUS Act will bring significant market expansion opportunities for USDC, further consolidating its position as the world's second-largest stablecoin. According to the latest data, the market value of USDC reached $61.7 billion by 2025, accounting for 1.78% of the stablecoin market, with a circulating supply exceeding 61.6 billion tokens. Driven by the legislation, industry analysts predict that the market share of leading stablecoins (including USDC and USDT) may increase from the current 85% to 90%, significantly raising industry concentration.
#美联储FOMC会议 The Federal Reserve will announce its latest interest rate decision tomorrow, and the market is highly focused on its policy direction. Recently, former President Trump publicly pressured Fed Chair Powell, calling for further rate cuts and suggesting that if inflation continues to cool while rates remain high, he would consider "taking action." Currently, market views on whether the Fed will cut rates are mixed. On one hand, while the U.S. economy shows signs of weakness, it still maintains overall strong resilience; on the other hand, although inflation has receded, its stubbornness and the risk of rebound still exist. Internal disagreements within the Federal Reserve regarding the timing of rate cuts have intensified, especially after the rotation of FOMC voting members in 2025, where hawkish voices may further expand. Furthermore, the policy uncertainty brought about by Trump's return to the election adds new variables to the Fed's decision-making.
The law recognizing cryptocurrency assets in Vietnam will take effect in 2026, and this move will have a positive impact on Bitcoin. Firstly, the establishment of legal status will enhance market trust in Bitcoin, helping to promote the legitimate participation of institutional investors and ordinary users, thereby expanding the use of Bitcoin in Vietnam and Southeast Asia. Secondly, a clear regulatory framework will help reduce policy uncertainty, stabilize price fluctuations, and attract blockchain companies and miners to the local market. In addition, Vietnam's incentives for digital infrastructure and industries like AI may also create synergies with the technological applications of the Bitcoin network, further enhancing its ecological value. 25855019249
$BTC Trump's media approved a $2.3 billion Bitcoin vault and applied for a Truth Social Bitcoin ETF, which has multiple impacts on the Bitcoin market. First, if the company purchases Bitcoin on a large scale, it will directly increase market demand and drive up the price. Second, as a symbol of the intersection of politics and capital markets, this action will further push Bitcoin into the mainstream, enhancing its legitimacy and financial status. Additionally, if the ETF successfully lists, it will provide traditional investors with convenient exposure to Bitcoin, releasing more capital into the market. Overall, this event boosts market confidence and is beneficial for Bitcoin's medium to long-term trends.
On June 13, 2025, the #特朗普比特币金库 SEC officially approved the Bitcoin vault plan submitted by Trump Media, totaling approximately $2.3 billion (including stocks and convertible bonds), which aims to incorporate Bitcoin into its balance sheet. Another S-1 registration document submitted on June 5 shows that the company is planning to launch a spot Bitcoin ETF named 'Truth Social Bitcoin ETF,' to be hosted by Crypto.com and intended to be listed on NYSE Arca. The approval of the Bitcoin vault and ETF plan for Trump Media may position it among the largest publicly held cryptocurrency institutions globally, strengthening its digital asset strategic layout. This move not only enhances the company's financial strength but also provides shareholders with Bitcoin exposure. However, this transaction has sparked regulatory controversies and may become a focal point of the intersection of finance and politics.
#卡尔达诺稳定币提案 Cardano (ADA) founder Charles Hoskinson recently proposed a significant funding plan aimed at utilizing the substantial reserves in the Cardano Foundation's treasury—amounting to 140 million ADA (approximately $100 million based on current market value)—to accelerate the development of its DeFi (Decentralized Finance) ecosystem. According to the plan, these funds will be used to purchase Bitcoin (BTC) as well as several native stablecoins of the Cardano network (including USDM, USDA, and IUSD) on the market. However, once this proposal was made public, the market reacted quickly and negatively, causing the price of ADA tokens to drop by about 6%. This move has sparked significant divisions within the Cardano community: some members believe it is a necessary, forward-looking strategic investment to push the ecosystem toward maturity; while others have expressed strong concerns, arguing that in the current volatile market environment, as well as considering the potential challenges at the project governance level, utilizing such a large reserve for such operations carries risks that cannot be overlooked. $ADA