🤨 Trump Quietly Exited WLFI?

Iran Conflict? Nah. It’s the Tariffs

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While retail investors are still piling into $WLFI.X ( 0.0% ) , Trump’s quiet move in early June might make you rethink who’s really winning here. Let’s just say it lines up a little too perfectly with one of the biggest stablecoin IPOs ever…

Here’s what we got for you today:

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⭐ 5 Things You Shouldn’t Miss

📱 X is turning into a ‘super app’ financially. X is about to launch in-app investing through a service called X Money. You’ll soon be able to store, send money or invest all within the app. There’s talk of an X-branded debit/credit card later this year. No crypto support confirmed, but X already has $BTC.X ( ▼ 0.47% ) tipping & real-time crypto prices.

⚠️ A crypto VC just lost all life savings in a targeted phishing attack, through a fake Zoom meeting. He got a Telegram message from "Alex Lin" for a meeting. Right before the call, “Alex” asked to switch to Zoom Business. After the call, Mehdi realized his computer was infected with malware. 6 crypto wallets were drained almost instantly.

💰 Trump family quietly cashed out of $WLFI.X ( 0.0% ) with $190M exit while investors keep buying in? In just the first 11 days of June 2025, Trump’s stake in WLFI’s Marks DEFI dropped from 60% to 40%. This sell-off happened right after Circle’s IPO, where the $USDC.X ( ▲ 0.01% ) issuer tripled in value. No direct link is confirmed, but it raises eyebrows.

🚀 Binance just launched Soft Staking, you can now earn daily rewards from your Spot wallet without locking your tokens. Zero fees. Daily payouts. No lock-up. But your tokens must sit idle in your Spot wallet. Currently supported tokens: $SOL.X ( ▲ 2.58% ) , $ADA.X ( ▲ 1.99% ) , $POL.X ( ▲ 5.76% ) , $BNB.X ( ▲ 1.14% ) , $SUI.X ( ▼ 1.14% ) , $S.X ( ▲ 0.36% ) , $NEAR.X ( ▲ 1.45% ) , $TON.X ( ▲ 6.99% ) , $ALGO.X ( ▲ 1.05% ) , $AXS.X ( ▼ 0.46% ) . More notes here.

🔓 A massive leak of over 16 billion login credentials tied to Apple, Google, and Telegram is raising alarms in the crypto space. Hackers now have unprecedented access to target wallets, accounts, and identities. Even Tether’s CEO is already promoting new tools to protect user data, but the best protection is still basic personal security hygiene.

📈 Why is the Fed Still Holding Rates at 4.25 – 4.5%?

After its June 18 meeting, the Fed has kept interest rates steady at 4.25 – 4.5%, the same level since December 2024 → 4th meeting in a row with no rate change.

But here’s what’s interesting:

  • Fed still expects to cut rates twice in 2025, sticking to its earlier projection

  • However, it’s now planning fewer cuts in 2026 and 2027

Target rate for 2027 is now 3.4% (higher than previously expected). So Why is the Fed still keeping interest rates high?

1️⃣ U.S. Job Market is Still Holding Steady

Unemployment is sitting at 4.2%, with 139,000 new jobs added → Yeah a bit below the forecast (200,000), but still solid enough to keep the economy stable.

monthly-job-creation-in-the-us

Source: U.S. Bureau of Labor Statistics

So for now, the Fed isn’t rushing to lower interest rates.

In the June 2025 Fed meeting, Jerome Powell shared a rare internal report showing unemployment could tick up to 4.5% soon → a signal that hiring may slow down in the coming months.

federal-reserves-unemployment-rate-projections

Source: Federal Reserve

If the job market weakens more than expected, the Fed might have to step in, but for now, they’re still playing it safe and waiting it out.

2️⃣ New Tax Cuts = More U.S. Debt, and the Fed’s Not Backing Down

A new tax cut plan is expected to add $2.4 trillion to U.S. public debt over the next decade → pushing total national debt to around $36.2 trillion.

As debt rises, the government has to issue more Treasury bonds to raise money.
→ More supply = lower bond prices → higher interest rates.

Cutting rates now would make borrowing cheaper, but with inflation still high, it could make things worse.

This also helps the Fed stay independent, avoiding pressure from the White House to lower rates for political gain.

🧠 Fun fact: U.S. debt is now as big as the combined GDP of China, Germany, Japan, India, and the UK. Let that sink in.

3️⃣ Middle East Tensions Could Spike Oil Prices & Inflation

As tensions grow between Iran and Western nations, especially after recent clashes with Israel, there’s rising concern Iran might shut down the Strait of Hormuz, one of the world’s most important oil shipping routes.

→ Oil prices could jump past $90/barrel (currently around $85).

So you know why we care about this?

  • Higher oil prices = more expensive transportation and production

  • That trickles down to higher prices on everything, from groceries to goods

  • And yes, it could fuel another round of inflation

4️⃣ Trump Pushes Hard for Rate Cuts, Even if the Fed Won’t Budge

President Donald Trump is turning up the pressure on the Fed, calling current interest rates “too high” and saying he’ll take “very short-term action” to bring them down fast.

He even called Fed Chair Jerome Powell ‘a stupid person’.

In May, the White House reopened trade negotiations with China and the EU, even pushing back new tariffs by 60 days to allow time for a deal.

→ But it wasn’t enough to convince the Fed to change its interest rate stance. Trump disagrees with Powell on keeping rates high. But he’s agreed to let Powell finish his term (ends in 2026)

This time, no big surprises or market shocks. Instead, traders are now watching global tensions, especially the escalating conflict between Israel and Iran, and whether the U.S. could get pulled in.

Looking ahead, the upcoming FOMC meeting on July 31 will likely hinge on June inflation and jobs data.

Until then, crypto traders (and everyone else) will be dissecting every word from Jerome Powell for clues, about how much volatility they’re willing to tolerate.

💸 Is A “Stablecoin Summer” Coming? Can BTC Withstand a Tariff War?

Experts say we might be heading toward a major boom in stablecoins, possibly a 10x surge in market value, thanks to a new U.S. law called the GENIUS Act. In this part, we’ll answer these questions clearly:

  • Could the “stablecoin season” bring significant opportunities for investors and businesses?

  • What’s next for the GENIUS Act, and when could it become law?

  • Can Bitcoin hold strong amid a Trump’s tariff war?

1️⃣ Stablecoins just Passed $250B, And Xould 10X if New U.S. Law Passes

A new report from Delphi Digital shows the total supply of stablecoins has now exceeded $250 billion, a huge milestone for the crypto space.

Top 2 players: Tether ($USDT.X ( ▲ 0.03% ) ) and Circle ($USDC.X ( ▲ 0.01% ) ) = 86% market share. Over $120B in U.S. Treasury bonds are locked in these stablecoins. And:

  • More than 10 stablecoins now have $100M+ in circulation

  • Stablecoins now make up 60% of all crypto trading volume (was 35% in 2023)

That means most crypto trades today involve stablecoins, not Bitcoin or altcoins directly.

Big names in crypto are feeling very bullish on stablecoins right now. And the reason? The upcoming GENIUS Act, a U.S. law that could finally bring clarity to how stablecoins are regulated.

Nick Tomaino (founder of 1confirmation) said that if the GENIUS Act passes, stablecoins could 10x in value, from $250B today to $2.5 trillion.

Right now:

  • Stablecoins account for 60% of all crypto trading volume, up from 35% in 2023

  • That’s without any clear federal regulation yet

Brian Armstrong (Coinbase CEO) calls stablecoins a "viral loop" - they make it easier for people to get into crypto, which pulls in more users, more apps, more adoption.

Eric Golden (Canopy Capital) says stablecoins are on track to replace traditional payments, becoming the default method for sending and spending money globally.

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This newsletter is for informational purposes only and should not be considered investment advice. Traders should conduct thorough research, understand the risks, and carefully evaluate their decisions before investing in cryptocurrency.


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