👋 Welcome Back to Macro Point Daily, The smartest crypto take of the day — macro trends, market moves, daily charts, and a side of memes.

Every day we provide the 5 stories which matter most in crypto, and one just for the degens.

In Today’s Edition

• 🏛️ Stablecoin bill nears Senate passage

• 📈 XRP breaks critical resistance

• 🚀 a16z backs EigenCloud with $70M token buy

• 🔧 Polyhedra launches token buyback after crash

• 📉 Fartcoin dips, then hints at pump

• 🐸 Meme coin of the day: Fartcoin's wild ride

Let’s dive in.👇

Today’s Edition

🇺🇸 Senate edges toward bipartisan stablecoin regulation – the GENIUS Act

Regulatory clarity is coming… with Trump-sized carve-outs

Senate Republicans and 18 Democrats are set to pass stablecoin legislation that enforces guardrails and consumer protections—but notably excludes Trump and family from restrictions. The bill’s momentum is being hailed by Coinbase’s Brian Armstrong and Treasury Secretary Scott Bessent, while critics like Elizabeth Warren warn of possible loopholes benefiting Trump’s crypto holdings. Passing this in the Senate paves the way for a tough House fight and possible amendments. If enacted, it could legitimize and massively scale stablecoin adoption in U.S. markets.

• 🛡️ Brace for clearer regulatory frameworks

• 🏛️ Watch the House for amendments

• 🏦 Firms like Coinbase stand to benefit

Source: https://apnews.com/article/383b502d3d80169f8f4739055dada0cb

📊 Bitcoin volatility signal just blinked

Traders are bracing for a big move

A “volatility contraction” on Bitcoin’s charts triggered yesterday, historically preceding explosive moves—up or down. Combined with the broader equities sell-off, crypto traders are on guard for a potential breakout. Macro players are waiting on Fed communications and upcoming CPI prints. If global risk sentiment shifts, crypto could either surge or slump sharply.

• ⚠️ Vol squeeze often precedes volatility

• 📉 Equities jitters add to downside risk

• 🕰️ Macro data due tomorrow is key

https://www.coindesk.com/markets/2025/06/16/bitcoin-price-volatility-signal-goes-off-is-a-surge-ahead

📈 Bitcoin dominance flirts with major resistance at ~64.7%

Altcoins ready to spike if BTC cracks down

The latest TradingView BTC.D chart shows Bitcoin’s market share holding firm around 64.7%, testing long-term resistance zones. Technical traders note a rising wedge pattern or a Fibonacci confluence—either a breakout higher (BTC strength) or a reversal (alt rally). If BTC.D rejects here and dips toward ~61–62%, expect capital to rotate into altcoins. Stay alert: this chart could trigger the next big altseason shift.

• ⚠️ Resistance zone ~64.7% key pivot point

• 🔻 Drop below ~62% tilts power into alts

• 🚀 Altcoin season could ignite on breakdown

Link: https://www.tradingview.com/markets/cryptocurrencies/dominance/

🚀 a16z doubles down on EigenLayer’s EigenCloud

Restaking goes SaaS with EigenCloud’s launch

Andreessen Horowitz scooped up another $70M in EigenLayer tokens to support the launch of “EigenCloud” — a verifiable-as-a-service suite for Ethereum developers. The move signals confidence in restaking infrastructure and signals DeFi’s next frontier: shared security layers. If adoption picks up, EigenCloud could anchor a new stack of L2 services.

• 🔐 Security as code goes mainstream

• 🌐 Could become dev staple for zk-apps

• 💸 Heavy a16z investment brings credibility

https://www.coindesk.com/business/2025/06/17/a16z-bets-big-on-eigenlayer-again-with-usd70m-token-buy-to-back-eigencloud-launch

🔁 Polyhedra to buy back tokens after 80% crash

Protocol fights back after liquidity wipeout

Polyhedra’s ZKJ token plunged over 80% in a liquidity attack traced to Wintermute activity. The protocol responded quickly with a $30M liquidity injection and pledged a formal buyback. They’re also conducting a full forensic audit to deter future attacks. The move may restore confidence—but it also underlines risk in nascent ZK protocols.

• 🔍 Transparency key to regaining trust

• 💰 Buyback could stabilize price in short term

• 🛠 Governance process being stress-tested

https://www.coindesk.com/tech/2025/06/17/polyhedra-blames-liquidity-attacks-for-sudden-80-price-drop-in-zkj-promises-buyback

Degen Domain

🐸 Fartcoin (FARTCOIN): dip rewarded?

Flatulence-fueled pump incoming?

• 🐳 Whale wallets on-chain uptick

• 🔄 Binance rumor-driven bounce potential

• 📈 Plays at resistance ~$1.18 for breakout

https://en.cryptonomist.ch/2025/06/17/fartcoin-drops-8-but-bullish-momentum-builds-amid-binance-listing-rumors/https://www.bitget.com/news/detail/12560604815229