JuanLizcrip

What would happen to USDC reserves if Circle declares bankruptcy?

Circle, the issuer of USDC, experienced its "moon landing moment" with its initial public offering and subsequently the increase in the price of its shares little changed the stability of its main stablecoin, according to analysts from S&P Global to Decrypt.

S&P analysts were very careful not to use Circle and USDC interchangeably. The former is a publicly traded company and the latter is its main stablecoin, which is governed by smart contracts on blockchains including Ethereum and Solana.

And, if USDC works as intended, then its reserves would survive the collapse of its issuer. But that’s where uncertainty comes in, and why USDC lost a point in its stablecoin stability assessment in December.

Bankruptcy isolation means that certain assets—in this case, the reserves backing a stablecoin—are legally protected so that they cannot be used to satisfy corporate debts in the event of bankruptcy.

It is worth noting that Circle has not tried to hide this ambiguity from investors or USDC holders.

$USDC

#MyTradingStyle
If you are an absolute beginner, let's start from scratch. Trading consists of buying and selling financial assets, trying to turn market movements into profits. Some traders make instant decisions, while others take a slow and steady approach.

After more than a decade in the markets, I can assure you of the following: understanding your trading style is not only useful but essential.

The four main types of trading:

✔ Day traders
Buy and sell financial instruments within the same trading day. Their goal is to take advantage of short-term price fluctuations and they usually close all positions before the market closes to avoid overnight risks.

✔ Swing traders
Swing traders hold positions for several days or weeks, looking to take advantage of medium-term price fluctuations. They seek to capitalize on market fluctuations by identifying upward or downward trends.

✔ Position traders
They hold positions for months or even years, focusing on long-term trends. Their goal is to benefit from significant price fluctuations over an extended period.

✔ Scalpers
They execute numerous trades throughout the day, holding their positions for seconds to minutes. Their goal is to gain small profits from small price fluctuations, accumulating profits over time.

#GENIUSActPass Historic Moment 🔊
The US Senate approves the GENIUS Act to regulate stablecoins.

With 68 votes in favor and 30 against, the United States Senate has approved the Act to Guide and Establish National Innovation in 'Stablecoins' in the US, also known as the GENIUS Act.

The GENIUS Act seeks to regulate 'stablecoins' issued in the United States, ensuring they are adequately backed by US dollars or similar liquid assets. It also requires annual audits for issuers with over $50 billion in market capitalization and includes additional provisions for foreign issuers. This is the first major crypto bill approved by the Senate, and also the first time a law regarding 'stablecoins' has passed through either chamber.

"With this bill, the United States is one step closer to becoming the global leader in crypto," said Senator Bill Hagerty, Republican from Tennessee and one of the leading advocates of the law. "The value of 'stablecoins' will be linked to the US dollar and backed on a one-to-one ratio by cash and short-term Treasury bonds."

I understand your concern about the sharp drop in Bitcoin (BTC) as its price fell to $103,300 after traders began to reduce risk ahead of the upcoming Federal Open Market Committee (FOMC) meeting and the subsequent interest rate decision that will be made public on Wednesday.

The correction follows a weekly close of a bearish candle, suggesting a trend reversal, while geopolitical tensions, particularly the Israel-Iran conflict, add to the risk-averse sentiment.

I am not a trader, but we must consider that this perspective is very risky according to the market, as there is variation every hour. According to the strategy, it is essential to research by reviewing Binance charts or CoinGecko charts of daily or weekly candles. If you still believe in your long-term strategy, buy with small amounts (after the announcement on Wednesday).
Bitcoin remains a valid long-term bet due to its scarcity and adoption. Stay strong and prepare with everything! 💪

$BTC #IsraelIranConflict

#FOMCMeeting
When will the next Fed meeting take place?

The Federal Reserve is scheduled to meet again on June 17 and 18: this is what you can expect.

The Federal Open Market Committee (FOMC) is meeting again this week to assess the health of the economy and possibly adjust the federal funds rate. Continue reading for more information on the schedule of this meeting, its implications, and the expected outcomes.
This will be their fourth scheduled meeting this year; the Fed has four more meetings scheduled for the remainder of 2025.

Once the meeting is concluded, the FOMC will publish its monetary policy decisions at 2:00 PM Eastern Time. Subsequently, the Fed chair will hold a press conference at 2:30 PM.

#VietnamCryptoPolicy
🔊Vietnam approves law to classify and regulate cryptocurrencies.👀📲💲

The Asian country officially recognizes crypto assets as a legal category and launches incentives for AI and semiconductors. This law will serve as a basis for future frameworks that will delve into specifications.

The National Assembly of Vietnam approved a new law, which recognizes and regulates digital assets at the local level, marking a key point in the country's technological strategy.

The new “Digital Technology Industry Law” will come into effect on January 1, 2026. According to local media, the legislation defines a specific legal framework for digital assets, laying the groundwork to boost digital innovation at the national level.

A notable aspect of this new law is that it divides digital assets into two classifications: “virtual assets” and “crypto assets.” Although both share characteristics based on digital technologies and encryption, financial securities, digital currencies from central banks, and other traditional financial instruments are not included in these categories.

The Vietnamese government will now have to define the specific business conditions for each category and establish tailored oversight mechanisms.

#MetaplanetBTCPurchase
Great news! Metaplanet reaches 10,000 BTC in its portfolio and surpasses Coinbase Global with its latest purchase of 1,112 Bitcoins.

Metaplanet's shares rose more than 17% after the Japanese investment firm announced the acquisition of 1,112 BTC, bringing its total portfolio to 10,000 BTC, surpassing Coinbase Global's holdings.
On Monday, Metaplanet's CEO, Simon Gerovich, wrote on X that he had acquired an additional 1,112 BTC for $117.2 million, at an average price of $105,435 per Bitcoin. This raised its total portfolio to 10,000 BTC.
Data from Bitcointreasuries.net shows that Coinbase Global holds 9,267 BTC, indicating that Metaplanet's latest purchase has positioned it ahead of the cryptocurrency exchange platform. Following the announcement, Metaplanet's shares rose by 17.23%, reaching 1,769 yen at 11:30 AM in Japan, according to data from Yahoo Finance. Its stock price has increased by more than 408% since the beginning of this year.

Are the rewards worth having those meme tokens?
How do they know that those rewards were from Binance Academy "learn and earn" while there were small gains after blocking, so should the question remain?

My answer is no! Convert directly to stablecoin (USDT-USDC) or cryptos of your choice, there is a possibility that the tokens will fall, it all depends on monitoring daily volume, active users like in the case of ACE from the fusionist game.

Because PnL indicates that it increased by 0.01 due to APY gains, but it is not worth holding due to the potential total collapse of tokens.

I hope this strategy has helped all Binance users have a good start to the week.

$BMT

#TrumpBTCTreasury
🚀🤯 BIG NEWS Trump Media announces that the SEC has effectively declared the Bitcoin Treasury filing.

The Bitcoin treasury agreement of Trump Media becomes a reality as the SEC declares the filing effective.
According to a document filed with the SEC on June 13, the agency "declared effective" the S-3 registration request of TMTG, submitted on June 6, for the Bitcoin treasury operation.

The CEO of Trump Media claims that the company is expanding "aggressively."

The document filed with the SEC indicates that, as part of its Bitcoin treasury plan, TMTG registered the resale of approximately 56 million shares and an additional 29 million linked to convertible bonds as part of debt and equity agreements with around 50 investors, generating $2.3 billion.

Devin Nunes, CEO and Chairman of Trump Media, articulated the company's forward-looking goals: “We are aggressively implementing our plans to expand the company, our offerings, and our capabilities. By simultaneously enhancing and expanding our social media platform, TV streaming platform, and our Fintech brand while establishing a Bitcoin treasury, we aim to rapidly transform Trump Media into an indispensable company for the growing customer base of the Patriot Economy.” Proponents of treasury strategies integrated with Bitcoin argue that such moves can serve as hedges against macroeconomic volatility while aligning companies with the future of decentralized finance.