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The Crypto Minute
Your Weekly Guide to Surviving the Crypto Rollercoaster.
CoinBrain
June 22, 2025 • Reading Time: 11 minutes
Wow! Opening the Internet today is at your own risk, there’s a lot to unpack 📦️
This is everything important that happened in crypto this week. Settle down and read your weekly market fix ☕️ this is the Crypto Minute by CoinBrain 🧠
⤵️ Today’s Agenda:
The U.S. bomb strikes Iran’s nucler sites, sending off a huge liquidation wave in crypto 🌊
X suspends profiles of 20+ crypto-related accounts, including Pump.fun without further explanation.
🏦 JPMorgan files a trademark for “Digital Assets Services“ on tests tokens on Base network.
EigenLayer is launching “EigenCloud“ with a $70M investment from a16z.
And more…
📊 Market Snapshot
| $99,600BTC+18.4% | $2,180ETH-14.21% | $3.1TCrypto Market Cap-4.5% | 40 (Neutral)Fear & Greed Index+10 from last week |
📅 Crypto Events You don’t want to Miss
📌 Tuesday & Wednesday, June 24–25: Powell Speaks
Fed Chair Jerome Powell is testifying before Congress. Tuesday it’s the House. Wednesday it’s the Senate.
He’ll start with a written statement. Then comes the Q&A — unscripted and often market-moving.
Why it matters? Powell controls short-term rates. His words = clues on inflation, cuts, or policy shifts.
Crypto reacts fast. Expect volatility 🌊
📌 Friday, June 27 — The Fed’s Favorite Inflation Metric
The Core PCE Price Index lands Friday. This is the inflation gauge the Fed trusts most.
It excludes food and energy, for a cleaner read. Hotter-than-expected? Rate cuts get delayed. Cooler? Markets (and crypto) might rally.
🐋Smart Money Tracker
Monday, June 16th: The Ethereum ICO participant who had been dormant for nearly 10 years has deposited all 2,000 $ETH($5.13M) into Binance in the past 2 days.
They spent $620 to buy 2,000 $ETH 10 years ago — now cashing out for $5.13M, an 8,270x return.
Tuesday, June 17th: Pumpfun(@pumpdotfun), recently suspended by X, has sold a total of ~4.1M $SOL($741M) at an average price of ~$180 since May 19, 2024.
264,373 $SOL was sold for 41.64M $USDC at $158.
3.84M $SOL($699M) was deposited to Kraken at $182.
Wednesday, June 18th: After the $USELESS token broke a $100M market cap on this day, smart trader Cooker.hl sold 5M $USELESS for 3,278 $SOL($481K).
They still hold 9.26M $USELESS($949K), with a total profit of $1.29M.
Friday, June 20th: Trader 0xb8b9 with a 100% win rate is currently long on $BTC, $ETH, $SOL, and $LINK.
Over the past month, they have made 29 long trades, all profitable, for a total profit of over $2.3M.
But now, their current positions are down over $2M.
Saturday, June 21st: If you're trading $ETH, you need to watch Smart Trader - 0xcB92.
Over the past month, their $ETH plays have been nearly flawless, going long near the bottom, closing positions before major drops, and shorting at the top.
They have made over $20M in under a month.
Sunday, June 22nd: As $ETH dropped, some small whales, especially those swing trading $ETH, panic-sold their holdings.
Source: Lookonchain
📰 News Recap (June 16th to 22nd)
🏦 JPMorgan Tests Crypto Waters
JPMorgan just started testing "deposit tokens" on Coinbase's Base network! 🚀
Think stablecoins, but with a banking twist:
Backed by actual bank deposits + insurance protection
Uses ticker JPMD (trademark filed days ago!)
JPM calls it "the key to a safer tokenized economy" 📋
This comes right after JPMorgan filed a trademark for “Digital Assets Services“. We are up for an interesting ride 💰
🔧 EigenLayer's $70M EigenCloud
EigenLayer dropped major news: EigenCloud platform launch + $70 million investment from A16z! 💪
Blockchain benefits for everything - on-chain, off-chain, doesn't matter. Think verifiable AI, trustless medical records, fully on-chain games 🤖
However, despite the hype, EIGEN token is down 51% from launch and dropped another 8.3% on announcement day 📉
Sometimes the market needs time to catch up! 🤷♂️
🖤 Kraken's Ink Gets Its Own Token
Kraken's Layer 2 Ink is rolling out its native INK token just 7 months after launch! 👶➡️🧔
x.com/i/article/1934…
— INK FOUNDATION (@inkfndhq)
3:07 PM • Jun 17, 2025
The plan: Boost DeFi liquidity through Aave partnership + airdrop for early users.
The challenge: Only $7M in TVL vs Base's $3.7B. But hey, they processed 1M transactions in their first 24 hours! 🔥
❌ X Suspends Crypto's Biggest Names
X went on a suspension spree, taking down Pumpfun (the $700M memecoin platform) plus 20+ other crypto accounts with zero explanation! 😱
Apparently, the bans were due to unauthorized API usage.
X now charges $200-$42K/month for API access, so many platforms likely found workarounds.
The irony: This happened days after analysts valued Pumpfun at $7 billion for their upcoming token sale. Talk about bad timing! 😅
🌍️ Story of the Week
📉 Middle East Conflict Liquidation Cascade and Iran Hack
This week delivered a masterclass in how traditional geopolitical tensions can absolutely wreck crypto markets. Buckle up! 🎢
The Numbers Don't Lie:
Bitcoin tumbled below $100,8K (down 6% in 24 hours) 📉
Ethereum got hit harder, dropping 14.9% to $2,200 💥
Solana wasn't spared either, falling 8.9% to $128 🔻
Total crypto market cap? Down a hefty $3.05 trillion
Source: CMC
What's Driving the Chaos? 🌍
Middle East Tensions Heat Up. The Israel-Iran conflict escalated dramatically this week.
President Trump didn't mince words on Truth Social, warning that U.S. patience with Iran is "wearing thin." 😬
And Indeed their patience was exceeded when the U.S. launched bomb strikes on several Iranian nuclear sites on Saturday/Sunday night.
Source: NYPost
Fed Uncertainty Adds Fuel to the Fire 🔥 The Federal Reserve held rates steady at 4.25%-4.50% (as expected), but their latest report highlighted ongoing concerns about Trump's tariff impacts on inflation.
The Liquidation Cascade 💸
When crypto markets panic, leveraged positions get absolutely demolished:
$513 million in liquidations during the worst day
Ethereum led the carnage with $164M in liquidations
Bitcoin followed with $125M
As if geopolitical tensions weren't enough, Iran's largest crypto exchange Nobitex, got demolished by hackers for $81.7 million.
Source: Tronscan
The Hack Details:
Multiple hot wallets compromised across TRON, Bitcoin, and Ethereum
Hackers used politically charged wallet names (we won't repeat them, but they weren't subtle) 😅
$48.6 million in USDT stolen on the TRON network alone
Who's Behind It? A hacker group called "Gonjeshke Darande" (Predatory Sparrow) claimed responsibility.
They're the same group that reportedly wiped data from Iran's state-owned Bank Sepah earlier this week. Talk about escalation! 🐦⬛
The Bottom Line 📊
This week perfectly illustrated how crypto markets remain tightly coupled to traditional risk factors. Geopolitical tensions + Fed uncertainty = crypto volatility.
While the institutional inflows show long-term confidence remains intact, buckle up for more turbulence ahead 🎢
🔒 Major Token Unlocks of the Week
$ID - 3.9% of the total supply will enter circulation on Jun 26, 2025
$ZETA - 3.9% of the total supply will enter circulation on Jun 26, 2025.
$CELO - 1.6% of the total supply will enter circulation on Jun 27, 2025.
$ECOx - 3% of the total supply will enter circulation on Jun 28, 2025.
$INFRA - 3.3% of the total supply will enter circulation on Jun 28, 2025.
$CO - 2.7% of the total supply will enter circulation on Jun 28, 2025.
Explore more unlocks with full vesting details.
🗞️ From our Blog
💡 1 Minute Learning: Sandwich Attacks
🥪 Nope, it’s not lunch — it’s a sneaky DeFi exploit. A sandwich attack is when a trader’s transaction gets… well, sandwiched between two trades from a front-running bot.
Here’s how it goes down:
You submit a trade on a decentralized exchange (DEX).
A bot spots it in the mempool (that waiting room before confirmation).
The bot jumps in front of you to buy the token, driving the price up.
Your trade goes through — now at a worse price.
Then the bot sells right after you, locking in a profit. Ouch.
🚰 The attacker profits from your slippage — that little buffer you allow for price movement. It’s like someone cutting in line twice and making you pay for it.
Want to avoid it? Use tools like MEV protection (shoutout to Flashbots), or trade in private mempools where the sandwich artists can’t peek at your order 🛡️
And that’s a wrap! 🎉 Enjoyed this newsletter? Forward it to a friend, and let them know they can subscribe here.
Got any ideas or feedback? We’d love to hear from you! Drop us an email at [email protected].
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and not investment advice or a solicitation to buy or sell any assets or make financial decisions. Always do your own research and stay safe out there.