Figma’s Reported $70 Million Bitcoin ETF Investment Suggests Growing Tech Interest in Cryptocurrency

Figma’s recent IPO filing reveals a strategic $70 million investment in Bitcoin via an Exchange-Traded Fund (ETF), marking a significant intersection of tech innovation and cryptocurrency finance. This move reflects

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Pudgy Penguins surges 64% in a week — What’s driving PENGU token rally?

PENGU, the Solana-based token associated with the Pudgy Penguins NFT collection, has jumped 64% over the past week, climbing another 13% in the last 24 hours. Due to the recent rally, Pudgy Penguins ( PENGU ) is now one of the top weekly performers and has re-entered the top 100 cryptocurrencies by market capitalization. The token is still 77% below its December 2024 peak of $0.06845 despite the gains. The recent surge follows growing interest in a proposed exchange-traded fund that would combine exposure to Pudgy Penguins NFTs and PENGU tokens. On June 25, the Cboe BZX Exchange filed a 19b-4 form with the U.S. Securities and Exchange Commission to list the Canary PENGU ETF. The filing followed Canary Capital’s S-1 submission in March 2025. The ETF would allocate 80–95% of its holdings to PENGU tokens and 5–15% to Pudgy Penguins NFTs, according to the proposal. You might also like: Pudgy Penguins pops at NASDAQ with VanEck as market watches for PENGU price breakout To enable network transactions, a tiny amount of Solana ( SOL ) and Ethereum ( ETH ) would be retained. This hybrid structure has attracted attention as a possible gateway for institutional exposure to risk-on, community-driven digital assets. News of the filing led to significant whale activity culminating into the recent price rally. The excitement has also lifted sentiment in the NFT market. The Pudgy Penguins floor price is currently 9.65 ETH, up 2.7% over the past seven days, according to NFT Floor Price data . The collection’s total market cap stands at $209 million. From a technical perspective, PENGU’s breakout has pushed it through resistance levels with rising volume. At 72.89, the relative strength index is high, indicating overbought conditions. PENGU is trading above all of the major moving averages, such as the 20-day SMA at $0.0108 and the 10-day EMA at $0.01294, indicating sustained short-term strength. PENGU price analysis. Credit: crypto.news The $0.02 mark might be the next area of interest if the current momentum holds. On the other hand, the price might retreat toward support in the $0.012 range if buying pressure slows. Although traders seem cautious as the market awaits clarity on the ETF’s approval path, the short-term outlook is still positive. Read more: Pudgy Penguins unveils play-to-win game Pengu Clash on TON blockchain

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Explore OPTO Miner’s green cloud mining platform for passive income

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In Aberdeen’s push toward a cleaner energy future, OPTO Miner is merging renewable power with cloud mining to make crypto earnings greener, smarter, and more accessible. Table of Contents Flexible green contracts with customized mining machine solutions New mining approach reshapes value perception Upgrade of security mechanisms, green compliance standards Register today About OPTO Miner As an important hub in the global energy supply chain, Aberdeen is actively moving toward green transformation. In the wave of the integration of clean energy and digital technology, OPTO Miner, a local British company, officially released its latest “Green Energy Cloud Mining Application”, providing global users with a new way to increase the value of digital assets with low carbon, high efficiency, and security. The platform injects renewable energy, such as wind power and solar energy, into the computing system, combined with advanced cloud computing architecture, so that users can easily participate in digital currency cloud mining through web pages or mobile terminals without deploying physical mining machines. The platform currently supports mainstream currencies, including Bitcoin ( BTC ), Ripple ( XRP ), Dogecoin ( DOGE ), ETH , USDT, USDC, BCH, SOL, LTC, etc., truly realizing the inclusiveness and intelligence of green finance. “The future of digital finance should be based on sustainable development,” said the co-founder of OPTO Miner, “We are committed to making every mining behavior cleaner and more efficient, and truly bringing long-term sustainable wealth returns to users.” Flexible green contracts with customized mining machine solutions The uniqueness of OPTO Miner lies not only in its green energy-driven computing power base, but also in its flexible contract design and effective profit model. Users can choose the appropriate mining machine level and mining cycle according to their own needs, configure their asset portfolio independently, and the income will be automatically settled and credited in real time every day, truly achieving “visible returns”. The following are some examples of green mining machine contracts , suitable for users with different budgets and profit expectations: Mining machine model Investment Amount Total net profit Miner-S19k-Pro $100 $108(+8%) AVALON MINER A1326-109T $500 $536.3(+7.26%) iBeLink BM-K1+ $1,000 $1,125(+12.5%) 金壳迷你狗 2(DOGE/BCH) $3,000 $3,822(+27.4%) Antminer S17 Pro $5,000 $6,820(+36.4%) Antminer T19 $7,700 $11,858(+54%) Avalon A1466 $10,000 $15,772(+57.7%) WhatsMiner M53 $15,000 $23,748(+58.3%) S21 XP Hydro $30,000 $51,525(+71.75%) ANTSPACE HW5 $50,000 $91,595(+83.2%) ANTSPACE HD5 $100,000 $192,610(+92.6%) Through these refined contract settings, OPTO Miner helps users at different levels achieve planned and rhythmic asset growth. Whether users are beginners choosing to enter the market at the $100 level, or institutional investors configuring a heavy mining contract at the $50,000 to $100,000 level, they can enjoy the rich returns brought by green energy. New mining approach reshapes value perception It is particularly worth mentioning that the platform has specially optimized emerging popular currencies such as XRP and DOGE. With more precise computing power allocation and energy efficiency matching, these crypto assets, which are regarded as “marginal currencies” by some investors, are rejuvenating new value in the green cloud mining system, bringing stable and considerable additional profits to users. Upgrade of security mechanisms, green compliance standards OPTO Miner is well aware of the importance of crypto asset management security. The platform fully deploys a decentralized hosting architecture, end-to-end encrypted communication mechanism and a full-process visual monitoring system to ensure the safety and controllability of each fund flow. The platform also actively connects with the UK’s local and international green compliance standards to promote the deep integration of blockchain technology and sustainable development goals. Register today From now on, global users can log in to the OPTO Miner official website and register with their email address to receive a green experience contract worth $15 and get green rewards by signing in daily. The entire mining process is automated and has zero technical barriers. Even novices who are new to blockchain can start the road to digital asset growth at any time. About OPTO Miner Founded in 2018, OPTO Miner originated in Aberdeen, UK, and is committed to promoting the integrated application of green energy technology and blockchain computing power network. As the world’s leading green cloud mining service platform, OPTO Miner has always adhered to the development concept of “low carbon, intelligent, and inclusive”, helping users to enter the world of encrypted assets in the most environmentally friendly and efficient way. To learn more, visit the OPTO Miner website. Email: info@optominer.com Read more: Bitcoin mining can power the US, if regulators prioritize it | Opinion Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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SEC Guidance May Signal Potential Framework for Bitcoin Spot ETF Registration Process

The U.S. Securities and Exchange Commission (SEC) is advancing regulatory clarity for crypto exchange-traded products (ETPs), aiming to streamline the registration process for crypto ETFs. This guidance emphasizes transparency in

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Changpeng Zhao Donates $10 Million in BNB to Vitalik Buterin’s Biotech Initiatives

Changpeng “CZ” Zhao, the founder of Binance, has disclosed a substantial personal donation of $10 million worth of BNB (Binance Coin) to Ethereum co-founder Vitalik Buterin. This significant contribution is aimed at bolstering Buterin’s efforts in open-source biotechnology, underscoring a growing trend of crypto leaders directing their wealth towards scientific innovation and societal impact. Supporting … Continue reading "Changpeng Zhao Donates $10 Million in BNB to Vitalik Buterin’s Biotech Initiatives" The post Changpeng Zhao Donates $10 Million in BNB to Vitalik Buterin’s Biotech Initiatives appeared first on Cryptoknowmics-Crypto News and Media Platform .

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Matrixport Highlights Bitcoin’s Declining Volatility and Stock Decoupling Boosting Institutional Appeal

Matrixport highlights a notable shift in Bitcoin’s market dynamics, emphasizing the cryptocurrency’s reduced volatility as a key factor enhancing its appeal among institutional investors. This decline in price fluctuations signals

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Tether Possibly Rebalances $100M USDT from Tron to Ethereum Amid Shifting Demand

Tether has rebalanced $100 million USDT from the Tron blockchain to Ethereum via Bitfinex, signaling a strategic liquidity adjustment across major networks. This transaction involved burning USDT on Tron and

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SEC Accelerates Approval for Grayscale Bitcoin-Led Digital Large Cap Fund ETF Listing

The U.S. Securities and Exchange Commission (SEC) has granted accelerated approval for NYSE Arca’s rule change, allowing Grayscale’s Digital Large Cap Fund to transition into a spot ETF, marking a

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Crypto Enthusiast Predicts Potential Surge in SUI and PYTH Prices

Bluntz predicts a 98% increase for SUI following an ABC correction. Pyth Network shows bullish divergence, signaling potential upward movement. Continue Reading: Crypto Enthusiast Predicts Potential Surge in SUI and PYTH Prices The post Crypto Enthusiast Predicts Potential Surge in SUI and PYTH Prices appeared first on COINTURK NEWS .

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Bitcoin’s Declining Volatility and Decoupling from US Stocks Boost Institutional Appeal

Matrixport’s latest analysis on July 2nd highlights Bitcoin’s evolving role within institutional portfolios. Traditionally viewed by Wall Street as a non-correlated asset ideal for hedging against traditional market fluctuations, Bitcoin’s

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