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Bitcoin surged more than 4% on Tuesday, June 24, rebounding sharply to reclaim the $105,000 level after former U.S. President Donald Trump claimed a full ceasefire agreement between Israel and Iran.

TradingKey – South Korean fintech giant Kakao Pay is preparing to launch a won-pegged stablecoin, fueling a sharp rally in its affiliated token Kaiachain (KAIA) despite a broader crypto market downturn.

The crypto market plunged across the board on Monday, June 23, erasing more than $100 billion in market value and triggering massive liquidations affecting over 180,000 traders.

Bitcoin plunged over 2% on Monday, June 23, breaking below the critical $100,000 support level as U.S. airstrikes on Iranian nuclear facilities triggered widespread market panic.

Stablecoins are designed to be price-stable, but they’re not immune to market forces, regulatory shifts, or technical vulnerabilities. These very fluctuations, however, create arbitrage and yield opportunities.

Just ahead of the U.S. market open on Friday, June 20, Bitcoin (BTC) spiked nearly $2,000, climbing from around $104,000 to $106,530, fueling a broad rally in crypto-related equities.

President Lee Jae-myung is delivering on his pro-crypto campaign promises, with South Korea’s first crypto ETF potentially launching in the second half of 2025.

Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, has suggested that a stablecoin pegged to the Chinese yuan (RMB) is not off the table — provided it aligns with national policy.

As President Trump delays a potential strike on Iran, risk assets have pulled back, but economist Peter Schiff believes silver offers greater upside than Bitcoin.

Crude oil prices jumped over 2% on Thursday, June 19, as geopolitical tensions in the Middle East intensified. U.S. crude (USOIL) surged past $74.28, reflecting heightened market anxiety.

While stablecoins are considered safe assets in crypto, they still facereserve risks, algorithmic failures, and regulatory challenges. Investors should prioritize transparent, compliant, and highly liquid stablecoins, diversify holdings, and avoid relying on a single stablecoin to mitigate risks.

BoE Rate Decision Looms as GBP/JPY Slides for Third Straight Day

In a politically charged cyberattack, the hacker group Gonjeshke Darande has reportedly destroyed the stolen funds from Iran’s crypto exchange Nobitex, stating the act was symbolic rather than profit-driven.

Circle has shattered records in both price and trading volume, with analysts at Barclays suggesting that the passage of the GENIUS Act could further boost the company’s revenue.

The Federal Reserve has once again held interest rates unchanged, and Bitcoin continues to trade sideways, with a potential breakout looming as early as this weekend.

Iranian cryptocurrency exchange Nobitex has reportedly been attacked by Israeli hacker group Gonjeshke Darande, though the platform claims user funds remain secure and an investigation is underway.

JPMorgan Chase is accelerating asset tokenization, preparing to launch its JPMD deposit token on Coinbase’s Base blockchain.

The U.S. Senate has officially passed the GENIUS Act, but it still requires approval from the House of Representatives.

Ark Invest has aggressively sold Circle shares for two consecutive days, putting pressure on the stock price. The GENIUS Act could be the key factor influencing its future performance.

Stablecoin-related stocks are maintaining their upward momentum, with experts forecasting continued market growth.