The Fed's Policy Tone Quietly Shifts, But Rate Hike Unlikely This Year

June 18 – Capital B announced today that its shareholders approved all resolutions from its annual ordinary and special general meetings by a majority of more than 95%. In attendance at the meeting—including shareholders represented by proxy and those who voted via communication—held a total of 164,555,315 voting rights, representing 54.748% of the company’s total outstanding voting rights. The ordinary general meeting approved the company’s standalone and consolidated financial statements for the 2025 fiscal year. The special general meeting greenlit two key authorizations: one for the issuance of securities with a maximum nominal value of 50 billion euros. At the current nominal share value of 0.04 euros per share, this equates to a maximum of 1,250 billion shares. The second authorization covers credit instruments, with a maximum nominal value of 100 billion euros. Capital B stated these authorizations align with its strategic roadmap as a Bitcoin treasury company, aimed at growi

June 18: Crypto analyst Ali Charts posted an article saying he’s closely watching Bitcoin’s $64,000 support level. If BTC stays above that mark, his next upside target for Bitcoin is $69,000.

June 18 – Range, a stablecoin and fiat financial infrastructure platform, announced it has closed an $8.3 million Series A funding round, bringing its total raised to $11 million. The round was oversubscribed, with backers spanning both traditional fintech and crypto-native players: traditional finance funds TX Ventures and SixThirty, plus crypto-focused firms Maven 11 Capital and Onigiri Capital. Range’s platform is designed for enterprises working across both stablecoin and fiat channels, with two core products: UNIFY, which pulls together disparate funding sources (like digital assets and bank balances) into a single unified record system; and PROTECT, which runs pre-transfer checks for risk, compliance, and business rules to secure transactions before funds move. Right now, Range’s platform safeguards over $30 billion in client assets, with integrations across more than 10,000 banks, custodians, and wallets. It offers real-time monitoring for over 200 blockchain networks and 100+

June 18: According to the Shanghai Stock Exchange (SSE) website, Shanghai Suiyuan Technology Co., Ltd., one of China’s so-called "Four Little Dragons of Domestic GPUs," has updated its IPO review status to "Submitted for Registration." The term "Submitted for Registration" means the company has passed the SSE’s issuance and listing review and entered the registration process at the China Securities Regulatory Commission (CSRC), bringing it one step closer to an official public listing.

On June 18, U.S. Republican Senator Cynthia Lummis and Democratic Senator Rubén Gallego expressed their backing for a non-binding resolution set to be introduced Wednesday that would block former FTX CEO Sam Bankman-Fried (SBF) from receiving a presidential pardon, commutation, or any form of executive clemency. The resolution explicitly states Bankman-Fried should never be granted executive clemency under any circumstances—including a full presidential pardon or reduction of his sentence. It further argues that if President Donald Trump approves SBF’s pardon request, it would “erase his criminal conviction, weaken deterrence, and send a dangerous signal that large-scale financial fraudsters can evade permanent accountability.” The resolution is non-binding, as the U.S. Constitution grants the president exclusive authority over pardon power. For context: SBF previously formally applied to Trump for a presidential pardon. Last week, a federal appeals court upheld his seven felony conv

June 18, per Bitget data, pre-market trading for U.S. stocks saw broad gains in semiconductor shares. Intel (INTC) surged more than 8% after President Trump announced a collaboration between Apple and Intel. Western Digital (WDC) climbed nearly 5%, while ARM and Micron Technology (MU) each rose over 4%. AMD and ASML posted roughly 3% increases apiece. The optical communications sector also notched advances: Marvell Technology (MRVL) gained over 4% and Credo (CRDO) rose more than 3%.