It’s another big week for crypto, with stablecoins stealing the spotlight. Here’s what’s buzzing in the crypto world right now:
Mudrex Crypto Market Recap | June 17, 2025 – June 23, 2025
Mudrex Coin of The Week
Aerodrome Finance – AERO
AERO’s price has almost doubled since mid-May, thanks to growing user activity and solid regulatory support. It’s showing strong growth and plenty of interest from the crypto community.
On June 17, 2025, the U.S. Senate passed the GENIUS Act, setting up the first federal rules for stablecoins.
This law boosts trust in stablecoins by focusing on consumer protection and transparency. It could lead to more people using stablecoins for payments and trading. Last year, stablecoins handled over $7 trillion in transactions, and this act might push crypto growth even further.
For traders and investors, stablecoins like USDT are now safer to hold or trade, as the risks of scams or sudden price drops are lower. But stricter rules might bring higher trading fees or limits on some coins.
Mudrex Weekly Spotlight: What Exactly Are Stable Coins?
Stablecoins are a key part of the crypto market, and understanding them is essential. Knowing the different types of stablecoins and their benefits can help you see why they’re so important in the world of crypto.
Mudrex Made Easy: Adding Funds to your Futures Wallet
Adding money to your Mudrex Futures wallet is simple, but you need to start with your USDT wallet.
Mudrex Crypto Market Recap | June 17, 2025 – June 23, 2025
Here’s how:
Open the Mudrex app and tap the ‘Deposit’ button on the home screen.
Select ‘Deposit using bank account.’
Enter the amount you want to add and tap ‘Continue.’
Choose your payment method: UPI or IMPS.
For UPI: Enter your UPI ID, complete the payment in your UPI app, then copy the UTR number and paste it into the Mudrex app to speed things up.
For IMPS: Copy Mudrex’s bank details, add them to your bank app, send the money, then enter the UTR number in the Mudrex app.
Once the funds show up in your USDT wallet, go to the home screen > Futures > Transfer Funds.
Enter the amount and tap ‘Transfer Now’ to move the funds to your Futures Wallet.
Mudrex Expert Insights
This week, the crypto market is keeping an eye on the Middle East. Iran might close the Strait of Hormuz, a major route for the world’s oil. This could spike oil prices and shake up markets.
The U.S. has warned of serious issues if this happens. For crypto, things could improve if tensions ease. But if the situation worsens, brace for some market volatility.
Siri is a writer venturing into the exciting realms of blockchain technology, cryptocurrency, and decentralized finance (DeFi), eager to explore the transformative potential of these innovations. She brings a unique perspective that bridges traditional industries and cutting-edge technology, often infused with a touch of humor through memes. She has a rich background in real estate and interior design, having previously contributed to NoBroker, where she crafted blogs and assets on these topics.
