🚀Bitcoin Reclaims $105K Amid Ceasefire Talks

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Happy Wednesday, Readers! 

Excited to share this week’s crypto updates with you.

Finally, following U.S. President Donald Trump’s long-awaited ceasefire announcement ending the 12-day Iran-Israel war, Bitcoin and major altcoins sustained significant gains with Bitcoin soaring past $105K and still climbing.

In today’s newsletter:

• Bitcoin Rebounds 4.5% to $105K Amid Israel/Iran Ceasefire

• TikTok Denies $300M TRUMP Memecoin Rumor

• Fiserv Joins Circle & Solana to Launch New Stablecoin

• Mantle Launches UR: World’s First Blockchain Neobank

• Bybit Megadrop: Earn Free Airdrops on New Token Launch

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On Tuesday, Bitcoin soared past $105,000 marking a 4.5% gain after US President Donald Trump announced ceasefire of the 12-day war between Iran and Israel.

Details:

Early on June 24, President Trump wrote his de-escalation statement on a post in Truth Social proclaiming a “complete and total” ceasefire between the two countries.

Minutes following President Trump’s surprise ceasefire news, the crypto market bounced back and spiked around 7% with major cryptocurrencies making significant gains.

Bitcoin took a sharp rebound of 4.5% topping $105,000 recovering from its price decline over the weekend. Other top crypto assets made significant gains with Ethereum (ETH), Solana (SOL), Cardano prices spiked around 7% in 24 hours.

The emerging geopolitical unrest has caused major setbacks and massive sell-offs of volatile assets. Bitcoin prices which plunged to $103K earlier this week and dipped below $100k on Sunday only to bounce back within a few hours after President Trump’s ceasefire announcement.

Also Read: Crypto-Paid Spy Ring: Shin Bet Uncovers Alleged Espionage Plot.

TikTok, the Chinese-owned social media platform, has strongly refuted U.S. Congressman Brad Sherman's earlier claims of $300 million in investments in the TRUMP meme coin. 

In-depth:

TikTok has dismissed all controversies and has claimed in their official X account that accusations of “buying "Trump Coins" is patently false and irresponsible.”

The accusation surfaced after Sherman alleged in an earlier post on X that the $300M purchase was a bribe related to Donald Trump’s 90-day delay of the executive order banning TikTok in the U.S., or find an alternative buyer.

Link to TikTok-connected GD Culture Group Stirs Speculations

Sherman’s accusation has probably emerged from a misunderstanding linked to a small Chinese tech firm called GD Culture Group. The Nasdaq-listed firm reportedly announced plans in May of purchasing $300 million worth of Bitcoin and TRUMP memecoin while distributing AI-powered content on TikTok. Apparently, GD Culture has no official affiliation with TikTok or its parent company, ByteDance.

The timing of Sherman’s claims coincides with GD cultures announcement and the 90-day delay in TikTok’s US ban fueling broader political debates.

👉 Read More: ‘Nothing stops this orange’: Strategy buys 245 bitcoin for $26 million as its total holdings reach 592,345 BTC.

Fiserv Joins Circle & Solana to Launch New Stablecoin

Fiserv, the Fortune 500 fintech and payments giant announced the launch of their new digital asset platform and a new stablecoin called FIUSD on Monday that will be included to their existing payments and banking infrastructure. In a press release, Fiserv announced that FIUSD will be available to their global clients including 10,000 financial institutions connecting 6 million merchant locations. Fiserv will partner with Circle Internet Group (CRCL) and Paxos and launch using their infrastructure on Solana blockchain network. In a separate press release, Fiserv has announced its partnership with PayPal and linking of FIUSD with PayPal USD (PYUSD) to streamline interoperability and cross-border transfers.

Also Read 👉  Why Shares of Circle Are Surging Today.

Mantle Launches UR: World’s First Blockchain Neobank

Mantle, a leading Ethereum layer-2 blockchain network with over $3 billion in TVL (Total Value Locked) has launched UR, the world’s first-ever on-chain neobank. Built on Ethereum network, UR, pronounced “You Are” bridges the barrier between traditional and crypto assets with an “all-in-one” unified account offering crypto-native financial services to users. With UR, users can create Swiss International Bank Account Number (IBAN) accounts that support currencies like USD, EUR, CHF, and RMB with 1:1 backed deposits through Mastercard debit cards. Initially, users can transfer funds through SWIFT, SEPA, and SIC, and Ethereum and Arbitrium crypto networks.

👉 Full story here on Mantle. 

Bybit Megadrop: Earn Free Airdrops on New Token Launch

Bybit launches Megadrop, a new token launch platform where users can earn free airdrops (crypto tokens) by subscribing to their “Fixed-Term Bybit Savings” plan and earn free airdrops by completing some tasks. The rewards depend on the subscription amount. Users can also boost their airdrops by participating in side tasks. To participate, users can create an account using the Bybit sign-up guide. 

Arbitrum, the Ethereum layer 2 platform has warned its users of scammers creating fake Arbitrum airdrops just after a week the platform announced its much-anticipated ARB token airdrop marking its shift to DAO (decentralized autonomous organization). So far, Arbitrum has identified 273 phishing sites since the airdrop distribution announcement. According to outside news, Arbitrum airdrop was riddled with glitches that became an easy prey to scammers and phishing attacks.

Always DYOR: Crypto Airdrops are not risk-free. Do your due diligence before participation. 

Cryptocurrency prices on 25 June 2025 according to CoinMarketCap.

• Coinbase Debuts Stablecoin Payment Stack Following Shopify Partnership. Coindesk

• Strategy buys $26M Bitcoin as prices bleed on geopolitical fears. Cointelegraph

• Investor makes nearly $30M from Bitcoin bought in 2013. Cointelegraph

• South Korea’s Banking Giants Team Up for Won-Backed Stablecoin Project. Coingape 

That’s it for this week guys. Before you go, do not forget to sign up with WhaleTales newsletter. See ya all next week. 🗞️😇

Disclaimer: The information provided in this newsletter is educational and not intended for any investment or financial advice.