According to Globenewswire, Nasdaq listed Bitcoin financial services company Fold Holdings has signed a $250 million equity financing agreement, with the funds primarily used to increase its holdings of Bitcoin reserves. According to the terms of the agreement, Fold may independently decide to issue common stock in batches to raise funds after meeting SEC registration requirements, with a maximum financing amount not exceeding $250 million. Cohen & Company Capital Markets serves as the exclusive placement agent for this financing.
Odaily Planet Daily News: Analysts from the financial website Forexlive said that before the release of the May retail sales data in the United States, the market priced the Fed's year-end interest rate cut at 49 basis points, but after the data was released, it slightly changed to 48.5 basis points. The FOMC meeting will start on Tuesday local time and a decision will be made on Wednesday, which will be one of the data points they will discuss at the meeting. The report has shown overall weakness, but the control group is the best indicator of consumer conditions, slightly better than expected, and the previous values have also been revised upwards. Overall, this is a series of data that is currently difficult to interpret, as sales increased significantly in March due to concerns about tariffs, and then declined for two consecutive months. (Golden Ten)
BlockBeats news, on June 17th, according to Santiment data, although the number of large holders of Bitcoin has decreased in the past three months, the Bitcoin network has added 622 wallets holding more than 10 BTC in the past four weeks, indicating that the whale is returning to the market.
Odaily Planet Daily News: Bo Hines, Director of the US Digital Assets Commission, stated in an article on X platform that he hopes to see the GENIUS bill passed. This milestone legislation will:
Upgrade payment channels in the United States to adapt to the digital age
Establish the leading position of the United States in the field of digital asset innovation
• Maintain the position of the US dollar as the world's reserve currency
Provide regulatory clarity for stablecoins
• Provide Americans with faster, cheaper, and more reliable transactions
