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Upexi investors registered 43.85 million shares of resale stock, equivalent to the company's initial float in April. Other Sol Treasury companies rated as "Hold" by Cantor, such as Sol Strategies and DeFi Development, also experienced a price drop, while SharpLink Gaming saw its stock price plummet over 70%.
Barclays’ decision to ban crypto transactions via debit cards, effective June 27, 2025, has caused frustration due to its sudden shift away from previous crypto investments and UK government policies supporting crypto growth.
More than half of the mining equipment in Iran is controlled by official entities with ties to the government, especially the Islamic Revolutionary Guard Corps and its affiliates. They use "legitimate businesses" as a cover, but actually control the majority of Iran's cryptocurrency mining capacity.
Share link:In this post: Telegram shut down major crypto crime channels, including Huione and Xinbi Guarantee, disrupting billions in illegal trades. Over 30 new markets quickly replaced them, showing how fast these networks adapt and recover. Experts say crypto escrow markets will survive, moving to new platforms or tools like smart contracts.
- 08:36Data: A whale address triples down on XPL long positions, earning $1.946 million in unrealized profit in just one dayAccording to ChainCatcher, on August 23, on-chain analyst Ai Yi (@ai_9684xtpa) reported that address 0x006...2a78F has taken a 3x leveraged long position on XPL, with unrealized profits reaching $1.946 million in just one day. The current position holds 24,544,197 XPL (approximately $14.19 million), with an entry price of $0.5009 and a liquidation price of $0.1789.
- 07:42Opinion: BlackRock May Sell Off $506 Billion Worth of Bitcoin and EthereumAccording to a report by Digital Asset cited by Jinse Finance, BlackRock has transferred BTC and ETH worth $366 million to an exchange, suggesting a potential large-scale sell-off. Data from LookOnChain shows that on August 21, BlackRock moved 1,885 Bitcoins and 59,606 Ether to an exchange, with a total value of $366 million. The market is divided in its interpretation of BlackRock's asset transfer. Some analysts believe this may simply be a portfolio rebalancing, while others think it could reflect weakening sentiment among institutional investors. BlackRock's large-scale transfer of digital assets has heightened market anxiety, especially as Federal Reserve Chair Jerome Powell is about to deliver a speech. According to CoinMarketCap data, on August 22, Bitcoin was trading at $112,975.31, down 0.61% from the previous day; Ethereum was trading at $4,280.45, down 0.22%.
- 07:11Flipflop launches its first 30 projects, creating a value launchpad for micro-BitcoinForesight News reports that the first batch of 30 projects has launched on Flipflop, showing steady growth. Deployed on the Solana chain, Flipflop distinguishes itself from many other launch platforms as the first truly fair launch platform to adopt Bitcoin’s halving and difficulty adjustment mechanisms. Flipflop resists extreme price volatility, advocates for gradual upward movement, and rewards consensus communities, long-term builders, and long-term holders. The platform protects IP reputation and fan communities through the URC invitation code and a Refund mechanism that allows for refundable participation, with all minting fees used to provide liquidity. Its social mechanisms establish community self-governance and ecosystem expansion functions, and in the future, tokens can even be launched automatically via AI.