Author: John Smith

A wallet allegedly linked to James Wynn has offloaded over 10 million Moonpig tokens — a strategic de-risking or a desperate move to recover from recent liquidations? According to blockchain analyst @DataC5821, the wallet in question dumped approximately 10.9 million Moonpig (MOONPIG) tokens worth $120.2K. On-chain data shows a rapid sequence of sell transactions clustered around the $14 million to $10 million market cap range, culminating in a crash to approximately $9.5 million at the time of reporting. Since then, the market cap has rebounded slightly, currently standing at $9.9 million. One user suggested the sell-off may have been part of…

Norwegian digital asset firm K33 wants to issue a round of shares to raise enough capital to buy as much as 1,000 BTC. The offering has already received full subscriptions. In an official press release, the Norwegian firm declared that it would issue new company shares in order to raise at least 85 million Swedish krona or equal to around $8.8 million. The digital asset firm has established the subscription price per share at 0.1036 SEK, matching the closing price on the Nasdaq First North Growth Market as of June 17. The capital raised from sales of the shares will…

Cathie Wood’s Ark Invest is still cashing in on its early bet on stablecoin issuer Circle, unloading another sizable chunk of its CRCL shares amid the stock’s post-IPO rally. According to portfolio disclosures dated June 17, the investment management firm has sold an additional $44.8 million worth of CRCL stock. The dump comes just a day after its first-ever sale of the shares, when it offloaded approximately $51.7 million worth. As with the previous sale, the latest round was spread across three of Ark’s ETFs, including ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation…

Three Chinese firms that control more than 90% of Bitcoin mining hardware market are reportedly setting up manufacturing hubs in the U.S. as direct result of President Trump’s tariff war. According to a recent report by Reuters, the world’s top three Bitcoin (BTC) mining hardware manufacturers, all originating from China, are gearing up to penetrate the U.S. market. The three companies, which are Bitmain, Canaan and MicroBT, have a stronghold on 95.4% of the machinery used in global mining rigs, according to an estimation from Consultancy Frost & Sullivan in 2023 . The biggest firm of the three by sales,…

Russian prosecutors have dismantled a massive illegal crypto mining farm operating on state-owned land without permits, disguised as an industrial plant. In Nazarovo, an industrial town in Krasnoyarsk Krai, Russia, prosecutors have shut down an illegal open-air crypto mining operation that reportedly earned its operators around 4.6 million rubles ($58,672) per month. As stated in a Telegram post by the official Krasnoyarsk Krai Prosecutor’s Office account, the 30,000-square-meter site was officially registered as hosting a non-residential building under a management company. In reality, no such building existed. Instead, the area was filled with mining equipment, power units, and other infrastructure,…

AgriFORCE Growing Systems Ltd., a Canadian agricultural company, has launched a Bitcoin mining operation in Alberta, powered by stranded natural gas. In its June 17 announcement, AgriFORCE said the site was launched in partnership with energy provider BlueFlare Energy. The site, located in Berwyn, Alberta, is the company’s first operational deployment under its Power & Compute Initiative. It uses 425 kilowatts (kW) of power to support 120 Bitmain S21 ASIC miners, delivering over 32 petahashes per second (PH/s) of computing power. The deployment includes a custom-engineered mining pod with high-efficiency airflow, thermal controls, and BlueFlare’s proprietary telemetry system for performance…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Goldman Sachs loads up on safe, regulated Bitcoin ETFs, crypto-native whales are chasing bolder bets, like APORK, a memecoin mixing virality with real utility. In February 2025, we saw that Goldman Sachs make a significant investment in Bitcoin ETFs, as it increased its holdings in the iShares Bitcoin Trust (IBIT) by 28%. For a firm that manages billions in client capital, Bitcoin (BTC) via ETF is the safest way to offer exposure in the crypto market to its…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After years of underperformance, XRP may finally be ready to reclaim its all-time high, but rising star Little Pepe is already offering early investors a shot at much bigger gains. After seven long years in the shadows, Ripple (XRP) is eyeing a powerful return to its all-time high of $3.92, a level not seen since the 2017-early 2018 crypto boom. Despite a brief rally to $1.96 during the 2021 bull run, XRP lagged behind while most altcoins soared to…

XRP price continued to slide for the second straight day despite getting approval for the first spot ETF listing in Canada. According to recent reports, asset manager Purpose Investments has received final approval from Canadian regulators to launch the country’s first spot XRP ETF. Trading for the Purpose XRP ETF will begin on Wednesday, June 18, on the Toronto Stock Exchange under the ticker XRPP. Despite the approval giving Canadian investors an easy and regulated way to access XRP, it didn’t lift sentiment, and the token stayed under pressure. XRP (XRP) price dropped 3.4% in the past 24 hours to…

The Winklevoss twins-owned crypto exchange Gemini has filed a formal complaint against the Commodity Futures Trading Commission (CFTC), pushing back against a legal battle from 2022. In a recently submitted 13-page letter to CFTC Inspector General Christopher Skinner, Gemini accused the agency’s enforcement division of waging a years-long “lawfare” campaign driven by litigators’ personal ambition rather than public interest. The dispute stems from the 2022 lawsuit filed by the CFTC against Gemini. At the time, the agency claimed that the exchange made misleading statements back in 2017 about how its Bitcoin (BTC) auction prices could be manipulated, resulting in a…