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Today's Top Crypto Headlines:
Senators Target Trump Crypto | Bitcoin Defies War Fears | Whales Bet on Ether and more...
King Fatrick Gil Añasco
June 25, 2025
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Senators Target Trump Crypto: Senator Adam Schiff and nine Democrats introduced the COIN Act to ban presidents and their families from profiting off digital assets, citing Donald Trump’s $57.4M earnings from World Liberty Financial.
Bitcoin Surges Despite War Tensions: Bitcoin defied market expectations amid U.S.-Iran tensions, climbing to $102K while traditional safe havens like gold stayed flat.
💡Feature of the Day - Ethereum Whales Bet Big: Ethereum whales placed high-leverage bets amid market turbulence. One whale opened a $101M 25x long, while another withdrew $40M ETH from Binance.
All this and more in today’s headlines!
📰 News Highlights:
Senator Adam Schiff and nine other Democrats have introduced the COIN Act, aimed at preventing public officials, including the U.S. president and their families, from financially benefiting from digital assets like memecoins, NFTs, and stablecoins.
Donald Trump and other senior administration officials have made a fortune off of crypto schemes.
Today, I'm introducing the COIN Act to put a stop to this corruption in plain sight.
— Adam Schiff (@SenAdamSchiff)
11:03 AM • Jun 23, 2025
This bill follows Donald Trump’s reported $57.4 million income from World Liberty Financial (WLF), a crypto platform partially owned by his family.
Donald Trump has made over a billion from his crypto ventures.
He’s cashed in on Trump sneakers, Trump bibles, and now his own Trump phone.
His personal economy is doing great — even while the rest of the country is suffering.
— Adam Schiff (@SenAdamSchiff)
3:51 PM • Jun 23, 2025
Schiff claims Trump’s involvement in crypto raises serious ethical and legal concerns.
You’re trying to pin personal profiteering on Trump, but here’s the truth:
You’re twisting family business into a political attack. It’s fair to critique the ethics of crypto ties, but he didn’t personally cash out a billion-dollar payday. His extended business structure did.
— 4Saken (@4SakenGhost)
10:13 PM • Jun 23, 2025
The bill proposes a ban on issuing or endorsing digital assets for up to two years after leaving office.
🎁Freebie:
Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!
Despite escalating tensions in the Middle East, Bitcoin and U.S. stock markets showed resilience, suggesting that investors don’t expect a prolonged conflict.
There it is:
The US bombed Iranian nuclear sites and Iran's Parliament just voted to close the Strait of Hormuz.
Yet, 15 hours after futures opened, S&P 500 futures are GREEN and oil prices are RED.
If we told you Iran's Parliament would vote to close Hormuz (pending Iran's
— The Kobeissi Letter (@KobeissiLetter)
12:59 PM • Jun 23, 2025
BTC rose to around $102,000, defying concerns over a wider war involving Iran and the U.S.
$BTC Opened up with a large ~4K CME Gap today.
Over half of that has already been filled with the full gap fill sitting up to $103.6K.
Generally we've seen gaps fill early in the week when they have been created over the past few months.
But keep in mind that we're in a very
— Daan Crypto Trades (@DaanCrypto)
11:02 AM • Jun 23, 2025
The market response contrasts with past behavior, where geopolitical turmoil often boosts safe-haven assets like gold.
Everyone’s calling for Bitcoin to hit $60K.
$BTC fear is loud.
But the chart is painting a different story.
This is a textbook Inverted Head & Shoulders.Classic structure. Classic reversal.
You either spot it early… or fade the breakout.
— Merlijn The Trader (@MerlijnTrader)
9:00 AM • Jun 23, 2025
This time, oil and gas prices fell, and gold remained flat, signaling investor confidence in a short-lived conflict.
💡 Feature of the Day:
Ethereum whales are placing massive leveraged bets despite ongoing geopolitical tensions and market uncertainty.
The newly created wallet further withdrew 6,000 $ETH worth $13.44M from #Binance.
In total, the whale withdrew 32,256 $ETH worth $72.76M from #Binance in the past 24 hours.
Address: 0x3952D69643F7a87237C7fC8bB33f8453C0b45500
Data @nansen_ai
— Onchain Lens (@OnchainLens)
2:40 AM • Jun 23, 2025
One investor opened a $101 million long position at 25x leverage, risking liquidation if ETH drops below $2,196.
This whale further withdrew 18,000 $ETH worth $40.38M from #Binance.
Now, the whale holds 50,256 $ETH worth $112.62M, currently down $2.24M
Address: 0x3952d69643f7a87237c7fc8bb33f8453c0b45500
— Onchain Lens (@OnchainLens)
6:03 AM • Jun 23, 2025
Another whale withdrew $40 million in ETH from Binance, signaling confidence in a price rebound.
A whale deposited $4.28M $USDC into #HyperLiquid and opened an $ETH long position with 25x leverage, valued at $101M.
hypurrscan.io/address/0x916E…
— Onchain Lens (@OnchainLens)
7:05 AM • Jun 23, 2025
This activity came as ETH dipped to $2,113 following U.S. strikes on Iran. While many traders remain cautious, some are using the drop as a buying opportunity.
Market sentiment, however, remains mixed.
😂 Crypto Meme of the Day:
What about you when market pumps? 🤣
#market#pump#meme#fun#funnyvideo#crypto
— Phemex (@Phemex_official)
3:30 PM • Mar 2, 2022
Meme of the day provided by @Phemex_official
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com