Crypto News, June 25: Bitcoin Price 20-Month Low, Iran Coinex Controversy Grows While Clarity Act, MiCA and Trump CBDC Debate Heat Up
Bitcoin worth is wobbling once more because the Clarity Act, MiCA, and Trump CBDC fights are heating the market. Not simply all of these, in keeping with WSJ, Iran linked wallets, are allegedly shifting and laundering cash trough Coinex to keep away from sanction.
Last evening, crypto as soon as once more expericed a masive dip, though it does really feel completely different, it was uncooked and quick. Regulators are drawing onerous strains, on-chain sleuths are exposing flows, and one viral Reddit publish reminded us that retail nonetheless strikes markets.
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Bitcoin Price Retests Lows After Heavy Liquidations
Bitcoin worth is now recovering at $61,800 after retesting 20-month lows underneath $60K. Coinglass knowledge reveals recent liquidations stacking up, with hundreds of thousands wiped within the final 24-hours, with longs taking the heaviest hits. Data confirms $1 billion has been liquidated final evening, focused on lengthy positions accounting $780 million.
However, the ache may not be over. A significant Chinese Bitcoin miner referred to as a backside between $42k–$44k for late 2026. Jiang Zhuoer, founding father of the Chinese Bitcoin mining pool BTC.high primarily based his prediction on long-term cycle fashions and Strategy’s (MicroStrategy) mNAV nearing 2022 lows. Arthur Hayes fired again together with his typical swagger, saying AI-driven liquidity may finally ship Bitcoin worth towards $1 million.
BITCOIN TO BOTTOM AT $42k-$44k?
• Big prediction by high Bitcoin miner Jiang Zhuoer.
• According to his mathematical mannequin, the $BTC bear market will backside out between Oct-Dec 2026.
• Expected Bottom Price: $42,000 – $44,000.
Prediction primarily based on MSTR mNAV and 4-year… pic.twitter.com/1xsFFSfkdP
— Crypto Aman (@cryptoamanclub) June 25, 2026
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Iran Coinex Under WSJ Spotlight as Clarity Act Enters Final Review
WSJ reported Iran linked entities moved $3.84 billion via CoinEx since 2019 to bypass sanctions. On-chain knowledge and TRM Labs flagged it as a significant illicit hub, with alleged ties to IRGC and sanctioned Russian entities.
CoinEx has emerged as considered one of Iran’s main gateways to world crypto markets, permitting the regime to transform and transfer funds whereas bypassing U.S. sanctions. Investigators flagged suspicious exercise earlier this 12 months involving two wallets tied to Iran’s Central Bank, which acquired funds traceable again to the $1.5 billion Bybit hack carried out by North Korean actors.
Also in keeping with the report, these property have been laundered via advanced transaction chains earlier than finally touchdown on CoinEx. There’s additionally a report of direct transactions between CoinEx-hosted wallets and accounts U.S. authorities have linked to Iran’s Islamic Revolutionary Guard Corps (IRGC). While CoinEx has not but confronted new U.S. sanctions, the revelations are placing the alternate underneath recent compliance stress.
More on the regulatory entrance, Senator Lummis opened the ultimate overview window for the Clarity Act because the DOJ pushing again on claims of loopholes. Progress on the Clarity Act is shifting sooner than most anticipated.
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MiCA is Coming, and Only Less Than 10% Firms Are Compliant While Trump CBDC Fight Spills Into Housing Bill
Moving to Europe, the subsequent week MiCA deadline is forcing for an industry-wide reset. As of at present, solely 210 out of three,000 crypto companies cleared the deadline. After July 1, all of the unlicensed platforms lose entry to 450 million EU customers with no extensions. Coinbase opened a Luxembourg hub. Binance is searching for approval elsewhere. The MiCA cull is brutal however may very well be essential.
Back to America, President Trump abruptly canceled the scheduled signing of the twenty first Century ROAD to Housing Act. The invoice itself is a significant bipartisan invoice that had handed the House 358-32 and the Senate 85-5. This laws goals to spice up housing provide and affordability by chopping rules and encouraging new development. However, the invoice additionally features a provision that will block the Federal Reserve from issuing a central financial institution digital foreign money (CBDC) till 2030.
Trump posted on Truth Social that he wouldn’t signal the housing invoice till Congress first passes the SAVE America Act, his precedence election integrity and voter ID laws, which he referred to as a “National Emergency.”
Trump’s motion has left the housing invoice in limbo regardless of its bipartisan assist. While the CBDC ban was a key addition pushed by Republicans, Trump’s determination to carry up your entire package deal is primarily aimed toward forcing motion on the SAVE Act. This creates short-term uncertainty however is probably going good for crypto because the anti-CBDC language stays alive as leverage.
Meanwhile, Reddit’s WallStreetBets turned Wendy’s right into a meme inventory, shares jumped over 40% after a “Save Wendy’s earlier than it’s too late” publish went viral from 20-year lows. It reveals that retail nonetheless has tooth.The liquidations are flushing out weak leverage. Every shakeout clears the trail. Bitcoin worth has survived far worse.
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The publish Crypto News, June 25: Bitcoin Price 20-Month Low, Iran Coinex Controversy Grows While Clarity Act, MiCA and Trump CBDC Debate Heat Up appeared first on Cryptonews.
