The man behind Sheep Marketplace, a defunct darknet hub, now faces fresh charges after allegedly funneling $45 million in Bitcoin to Czech officials in the justice ministry. Prosecutors confirm the probe covers money laundering and illegal drug operations, signaling a complex criminal web. Summary Czech police arrest Tomáš Jiřikovský, former darknet operator, over a $45M Bitcoin donation linked to the Ministry of Justice. Authorities investigate money laundering and illegal drug operations connected to the donation. Former Justice Minister Pavel Blažek resigned in June amid the scandal. According to a local…
Day: August 15, 2025
KULR Q2 2025: Bitcoin Gains Drive $8.14M Net Income Despite Wider Operating Loss
KULR Technology Group booked a net income of $8.14 million in the second quarter of 2025, fueled mainly by gains from its bitcoin holdings. KULR Leverages Bitcoin for $8.14M Gain; Revenue up 63% in Q2 KULR, which joined the Russell 3000 Index in June, builds energy storage solutions for extreme environments and uses bitcoin (BTC) […] Original
Tokenized Assets To Hit $100 Trillion — Ethereum Set To Be The Backbone
The global financial system is on the verge of a seismic shift. A prominent figure in the financial institution believes that tokenized assets could grow into a $100 trillion market in the coming years. As tokenization expands, Ethereum is positioned to become the foundation of a new, faster, and more accessible global financial system. Ethereum As The Settlement Layer For Global Finance In an X post, CryptoGucci shared a clip of SharpLink Gaming (SBET) Co-CEO Joseph Chalom outlining his bullish outlook for Ethereum, while forecasting a financial tectonic shift. According…
Bullish IPO Soars, Pantera Bets Big, BitMine Eyes $24.5B Ether Haul
The 2024–2025 crypto bull market will be remembered for many things: the runaway success of Bitcoin exchange-traded funds, the surge in institutional adoption, and a wave of industry IPOs. Digital asset exchange operator Bullish is the latest crypto-native company to join the IPO rush, aiming to replicate the public market success of stablecoin issuer Circle and Bitcoin-friendly design platform Figma, which recently went public. Bullish’s case stands out: The company has raised its IPO price multiple times, signaling strong investor demand. Its Securities and Exchange Commission (SEC) filing revealed early…
US Authorities To Seize $2.8M Crypto From Alleged Ransomware Operator
The US Justice Department has authorized the seizure of more than $2.8 million in cryptocurrency along with cash and other assets as part of a criminal case against an alleged ransomware operator. In a Thursday notice, the Justice Department said it had unsealed six warrants authorizing the seizure of $2.8 million in crypto from a wallet controlled by Ianis Aleksandrovich Antropenko, as well as $70,000 in cash and a luxury vehicle. He has been charged with conspiring to commit computer fraud and abuse, computer fraud and abuse, and conspiracy to…
Top 5 Bitcoin Mining Stocks to Watch in 2025
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has been on a steady climb since the end of 2022. And if you feel like you’ve missed the boat on BTC, Bitcoin mining stocks might offer a second chance. But this begs the question—which Bitcoin miners are actually legit, and how high could their stocks realistically go? So today we’ll explore 5 Bitcoin mining stocks you should have on your radar, taking a close look at each company’s history, mining power, and strategy. Make no mistake, this is a video…
Fed Ends Crypto Oversight Program as Treasury Rules Out New Bitcoin Buys
Key Notes Federal Reserve discontinues specialized crypto supervision program after gaining sufficient understanding of digital asset risks in banking sector. Treasury Secretary confirms Bitcoin strategic reserve will use only confiscated assets worth $15-20 billion, rejecting new government purchases. Bitcoin briefly dropped to $116,856 following Treasury comments before recovering to $117,500 as regulatory clarity emerges. The Federal Reserve announced Friday it has officially ended its Novel Activities Supervision Program, a framework established in 2023 to enhance oversight of banks engaged in emerging technology sectors like cryptocurrency, distributed ledger technology (DLT), and…
Bitcoin’s biggest Wall Street backer takes the wheel at World Economic Forum
BlackRock CEO Larry Fink nominated as interim co-chair of World Economic Forum board Summary Larry Fink, CEO of BlackRock, became interim chair of the World Economic Forum board Formerly a Bitcoin skeptic, Fink has been the driving force behind Wall Street’s crypto adoption WEF founder, Klaus Schwab, recently resigned amid reorganization Bitcoin (BTC) may soon be getting a seat at one of the most influential finance forums in the world. On Friday, August 15, Larry Fink, CEO of BlackRock, was appointed interim co-chair of the World Economic Forum board. Fink…
BTC Faces Ghost Month Pullback Risk
Key takeaways: Bitcoin marks its steepest pullback in a month, with the ghost month trend hinting at further downside to $105,000. Onchain data shows a rise in US and Korean spot demand, pointing to a short-term recovery. Bitcoin (BTC) saw a sharp correction on Thursday, slipping below $117,000, marking its steepest pullback in a month. The daily chart flashed a bearish engulfing pattern for the first time since July 15, raising concerns that seasonal weakness during Asia’s “ghost month” could extend the downturn. Bitcoin one-day chart. Source: Cointelegraph/TradingView Despite the…
Analyst Says XRP Price Could Explode 44,000% To Cross $1,000
Despite still trading within the single-digit territory, the XRP price is reportedly getting ready for one of the most dramatic rallies in crypto history. Market expert ‘Crypto Sensei’ predicts that the cryptocurrency could soar by more than 44,000%, potentially breaking past the $1,000 mark. The analyst noted that strong capital inflows have ignited a powerful market capitalization multiplier effect, setting the stage for this projected surge. XRP Price Set For Monumental Surge To $1,437 XRP could be on the brink of a historic price breakout, according to a new market…