Crypto & DeFi ·
Fed holds rates, Bitcoin dips as markets digest hawkish Warsh debut
9 sources2 min read
Fed holds rates steady in Chair Warsh's first meeting, Bitcoin dips The Federal Reserve kept interest rates unchanged at 3.50%–3.75% in Kevin Warsh’s first meeting as chair, removing forward guidance and signaling a tougher stance on inflation. Bitcoin fell roughly 3% and Ethereum nearly 4% as risk assets sold off on the policy uncertainty. 12
Binance turns to France after Lagarde allegedly blocked Greek MiCA bid ECB President Christine Lagarde reportedly intervened to derail Binance’s planned MiCA authorization in Greece, leaving France as the exchange’s last realistic path to maintain EU market access before the June 30 deadline. 3
Binance users boost Bitcoin and Ethereum holdings in latest PoR report Binance’s 43rd proof-of-reserves snapshot shows user BTC balances rose 4.26% to ~632,580 BTC and ETH balances jumped 10.17% to ~4.14 million, with the exchange reporting a 100.20% over-collateralization for Bitcoin. 45
Bitcoin spot ETFs lose $82M while Fidelity's FBTC bucks trend US spot Bitcoin ETFs saw $82.2 million in net outflows on June 17, but Fidelity’s FBTC attracted $14 million in inflows. Ethereum spot ETFs also shed $29.37 million on the same day. 6
Bybit added to Singapore MAS Investor Alert List Singapore’s Monetary Authority placed Bybit and its corporate entity on the Investor Alert List, flagging them as unlicensed and warning the public they may be mistakenly perceived as regulated. 7
First confidential USDC yield vault launches on Ethereum via Zama and Morpho Privacy-tech firm Zama, lending protocol Morpho, and curator Steakhouse Financial opened the first DeFi yield vault for Confidential USDC, using fully homomorphic encryption to keep deposits and balances private while earning yield. 8
Tokenized real-world assets market hits $31.76 billion led by Circle and BlackRock The on-chain value of tokenized RWAs reached approximately $31.76 billion, with Circle’s USYC topping $3 billion and BlackRock’s BUIDL near $2.4 billion. New launches are extending tokenization to private equity and payroll. 9
Crypto & DeFi
Bitcoin, Ethereum, DeFi, stablecoins, and the regulation that moves the market.