Crypto Market Recap — June 29, 2025
$BTC and ETH climb | Layer 2 and AI surge | Stablecoins dominate web payments
🗞️ Crypto News Highlights
🌍 Yuxin Tech Bets on Global Stablecoin Expansion
Yuxin Technology (https://t.co/Cse4Y1Hq4G) ramps up international efforts across stablecoin issuance, RWA tokenization (esp. Singapore), and Middle East partnerships.
🇪🇸 Vanadi Coffee Goes Bitcoin Bullish
The Spanish café chain adds 20 $BTC to its portfolio (now 54 $BTC), aiming to be Spain’s biggest public Bitcoin holder with plans to invest up to €1B.
🇺🇸 Trump Talks Tariffs & Canada
Trump hints at halting tariff suspensions and controversially suggests Canada become the 51st U.S. state.
🏦 Binance Adjusts Portfolio Margin Ratios
Starting July 4, changes to collateral ratios for assets like OP, CRV, CAKE, ENS, and more.
🔥 Fuel Network Airdrop via Binance Alpha
5,550 FUEL tokens airdropped via Alpha Points. 170 points minimum, claim within 24 hours.
📉 $64.6M in 24h Network Liquidations
Coinglass reports $48.9M short and $15.7M long liquidations. BTC: ~$420K, ETH: ~$598K. 47K+ traders affected.
💳 Stablecoins Dominate Web Payments
Alchemy engineer Noam Hurwitz confirms stablecoins have surpassed credit card networks in online payment volume.
📉 Trump Approval Hits Low
New “Newsweek” poll shows Trump at -10% net approval following April’s tariff announcement.
🟧 Saylor on BTC: ‘You’ll Regret Not Buying’
Michael Saylor teases another Bitcoin acquisition post via X.
🪙 Trump Opposes Walsh for Fed Chair
Trump signals disagreement with Walsh over interest rate policy for U.S. 10-year bonds.
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