RektRecovery

On June 19, the Federal Reserve (FED) kept the Benchmark Interest Rate unchanged at 4.25%-4.50%, marking the fourth consecutive meeting with no action, in line with market expectations.

On June 19, Paxos established a new startup called Paxos Labs, aimed at helping institutions directly integrate Decentralized Finance and on-chain products into their applications and platforms.
Co-founder and Head of Paxos Labs Bhau

According to market data, the US stock Circle Internet Group (CRCL) has risen by 12.95%, currently priced at 168.25 dollars.

On June 18, Anthony Scaramucci, founder of SkyBridge Capital, warned at the DigiAssets 2025 conference that the trend of companies buying bitcoin as a reserve asset through bond issuance may eventually "hurt bitcoin". He likened this phenomenon to a short-lived trend in the fashion world, arguing that this craze could have a shock to the cryptocurrency market when it subsides. While both Scaramucci and Michael Saylor are bullish on Bitcoin, Scaramucci sees Bitcoin as $24 to $25 trillion worth of "digital gold," while Saylor sees Bitcoin as a potentially $500 trillion "digital property."

On June 18, Pudgy Penguins launched the P2E game Pengu Clash on the TON Blockchain. This game will adopt a play-to-earn model, allowing players to earn rewards through competition. Pudgy Penguins plans to release more games in 2025. The next game "Pudgy

The healthcare company Prenetics Global announced the completion of a $20 million Bitcoin investment, acquiring a total of 187.42 BTC at an average price of $106,712. The company's goal is to become one of the healthcare companies with the most Bitcoin holdings globally and is optimistic about the integration of Blockchain technology and personalized medicine.

[Chain News] On June 18, it was reported that the number of initial unemployment claims in the U.S. for the week ending June 14 was 245,000, which was expected to be 245,000, and the previous value was revised from 248,000 to 250,000.

[Golden Finance] reported that well-known investor Cathie Wood's Ark Invest sold a second batch of Circle shares.

[Bit推] The cryptocurrency asset management company 3iQ has launched the 3iQ XRP ETF (XRPQ) on the Toronto Stock Exchange. The 3iQ XRP ETF will be launched with a 0% management fee for the first six months and can be invested through registered accounts in Canada. Its listing on the TSX allows accredited investors globally to invest, but must comply with local regulations.

According to reports, financial infrastructure provider OpenPayd has partnered with Circle, and OpenPayd will utilize Circle Wallets' infrastructure to provide a unified fiat and stablecoin infrastructure layer for global enterprises. This means that its enterprise clients will be able to transfer and manage funds globally through traditional banking channels and blockchain-based networks.

Zhou Xiaochuan mentioned at the 2025 Lujiazui Forum that the US dollar stablecoin may have a global impact, but its role in assisting dollarization should be viewed with caution. He warned that dollarization could bring various side effects and that the economic impact on countries must be considered.

[Block Rhythm] On June 18, according to monitoring, 3 minutes ago, Tether Treasury minted 1 billion USDT on the Ethereum blockchain.

John Velis of Bank of New York Mellon predicts that there will be no adjustment to the Intrerest Rate at the upcoming meeting of the Federal Reserve (FED), but the new economic projections summary may impact the market. The dot plot indicates that the rate cuts in 2025 will be lower than expected, while inflation remains the primary concern of the Federal Reserve (FED), and policy uncertainty makes aggressive easing policies increasingly unlikely within the year.

[Chain News] On June 18, it was reported that a criminal gang lured investors with the bait of high returns from investing in Virtual Money through "contract Cryptocurrency Trading", illegally absorbing public deposits totaling over 10 million yuan. The amount involved is huge, and the Danzhou People's Procuratorate has filed a public prosecution for the crime of illegally absorbing public deposits. After examination, the Danzhou People's Procuratorate found that the actions of this criminal gang had violated the Criminal Procedure Law of the People's Republic of China, and were determined to constitute a joint crime of illegally absorbing public deposits, resulting in imprisonment and fines.

[比推] A certain platform of a South Korean exchange has announced that in support of the Nervos (CKB) network upgrade, the deposit and withdrawal of CKB will be suspended from June 30, 2025, 18:00 (KST) until the network stabilizes. The node servers of the certain platform are expected to complete the upgrade by July 1, 2025, 17:00 (KST). During the suspension, trading will not be affected.

Liu Peng, CEO of JD Coin Chain Technology, stated that JD will launch a stablecoin for payment at its Hong Kong and Macau stations globally and plans to customize solutions for different industries. The stablecoin is expected to be launched in 2025, aiming to enhance the efficiency of cross-border payments and retail payments, and drop transfer costs.

[Block Rhythm] On June 18, according to monitoring, the Federal Reserve (FED) will announce the interest rate decision for June in 13 hours. Polymarket user "bobe2" has wagered over $2.39 million that the Federal Reserve (FED) will keep the interest rate unchanged in June. If the prediction is correct, he will win over $2.447 million.

On June 18th, according to official information, a certain platform Alpha has launched JANITOR and TAG.