Key Highlights: Tomáš Jirikovský arrested in $45M bitcoin bribery tied to justice minister’s exit. Ex-Sheep Marketplace founder tried to flee police by climbing onto a roof. Experts say blockchain transparency makes large criminal crypto transfers traceable. $45 Million Bitcoin Bribery Scandal Unravels in Czech Republic Czech police have arrested programmer Tomáš Jirikovský, founder of the darknet platform Sheep Marketplace, in a bribery case involving 468 BTC (worth about $45 million at the time of the transaction). The funds are linked to the resignation of Justice Minister Pavel Blažek in May 2025. According to the prosecutor's office, Jirikovský attempted to escape during the search by climbing onto the roof of a building but was detained and taken into custody. Local media claim he was the individual who handed over the bitcoins to the minister in an attempt to avoid another prison term. Jirikovský made his fortune from the illegal Sheep Marketplace, which operated in 2013 and was shut down after its founder stole users' funds. Wider Darknet and Crypto Investigation Continues In 2017, Jirikovský received a nine-year prison sentence for theft, drug trafficking, and illegal possession of weapons. He was released on parole in 2021. The investigation has also linked the bitcoin donation to another darknet marketplace called Nucleus, which holds 5,000 BTC and recently reactivated after a nine-year hiatus. In March 2025, a $77.5 million transaction from its wallet attracted the attention of analysts. Experts note that despite privacy features for ordinary users, large cryptocurrency transfers linked to criminal activity are easily traceable on the blockchain. According to Lucien Bourdon, an analyst at Trezor, this highlights both the transparency of cryptocurrency transactions and the importance of accountability in financial systems. Authorities are continuing their investigation, ensuring the safety of defendants and witnesses in this case. No final charges have been brought against Jirikovský yet.
Key Highlights: Gemini seeks to go public, joining Coinbase and Bullish on US markets. 2025’s H1 net loss ballooned to $282.5M—down sharply from 2024. New dual-entity structure aims to navigate tough US crypto regulations. Gemini Unveils Nasdaq IPO Ambitions Cryptocurrency exchange Gemini has officially revealed plans to hold an initial public offering (IPO) on the Nasdaq exchange under the ticker symbol GEMI. The public S-1 filing, following a confidential June 2025 project, disclosed the company’s financials and details of its corporate structure. Gemini reported a net loss of $282.5 million for the first half of the year, a significant increase from the $41.4 million loss in the same period in 2024. Adjusted EBITDA dropped from a profit of $32 million to a loss of $113.5 million. The company ended the entire 2024 year with a loss of $158.5 million on revenue of $142.2 million. New Structure and Major Backers Shape Gemini’s IPO According to the IPO filing, Gemini plans to split its clients between two entities: Gemini Trust in New York and Moonbase in Florida. Moonbase will serve as the primary operating platform, since New York’s stricter BitLicense requirements limit access to staking. Gemini also disclosed a loan agreement with Ripple, signed in July. The $75 million line, with the possibility of increasing to $150 million, is provided in the RLUSD stablecoin, although no borrowings have been made to date. The share offering is being organized by financial institutions Goldman Sachs, Citi, Morgan Stanley, and Cantor. The IPO’s target share price has not yet been announced. If the deal proceeds, Gemini would become the third crypto exchange to go public in the U.S., following NYSE-listed Coinbase and Bullish. The company was founded by Cameron and Tyler Winklevoss, known as early investors in Facebook.
The Ethereum Foundation recently sold 6,194 ETH, contributing to a larger $500 million sell-off alongside whale investors and hackers, impacting the market significantly. 6,194 ETH sold by Ethereum Foundation Whale
BitcoinWorld Bitcoin Price Surge: BTC Rockets Above $118,000! The cryptocurrency world is buzzing with exciting news: Bitcoin Price Surge is real, as BTC has dramatically risen above the significant $118,000 mark! This latest move, as observed by Bitcoin World market monitoring, places BTC at a robust $118,000 on the Binance USDT market. This impressive ascent is capturing the attention of investors and enthusiasts globally, signaling a vibrant period for digital assets. What’s Driving This BTC Price Momentum? When we see such a notable jump in BTC Price , it’s natural to wonder about the underlying forces. Several factors often contribute to a strong rally in the Cryptocurrency Market . These can include increased institutional adoption, positive macroeconomic indicators, or even significant technological advancements within the Bitcoin network itself. This current surge suggests a strong bullish sentiment prevailing among traders. Increased Demand: A growing number of investors are looking to add Bitcoin to their portfolios, viewing it as a store of value or a hedge against inflation. Market Sentiment: Positive news and widespread optimism can create a powerful feedback loop, encouraging more buying activity. Scarcity: Bitcoin’s fixed supply, especially after halving events, often creates upward pressure on its value as demand grows. Navigating the Current Bitcoin Trading Landscape For those involved in Bitcoin Trading , understanding the current market dynamics is crucial. A price point of $118,000 indicates strong buyer conviction and potentially less selling pressure at these levels. Traders often watch for key resistance and support levels, and breaking above a major psychological barrier like $100,000 and now $118,000 can ignite further upward movement. However, it’s also a reminder that volatility remains a characteristic of the crypto space. Key Considerations for Traders: Volume Analysis: High trading volumes accompanying the price increase can confirm the strength of the rally. Market Indicators: Technical analysis tools help identify potential entry and exit points. Risk Management: Always employ strategies to protect capital, especially during rapid price movements. The Broader Impact on Digital Asset Value A significant Bitcoin Price Surge often has a ripple effect across the entire ecosystem, influencing other digital assets. Bitcoin, being the largest cryptocurrency by market capitalization, often acts as a bellwether for the rest of the Cryptocurrency Market . When Bitcoin performs well, it can boost investor confidence in altcoins, leading to broader market gains. This interconnectedness means that a strong BTC performance can uplift the overall Digital Asset Value of many portfolios. What Does This Mean for Your Portfolio? For existing Bitcoin holders, this price increase is certainly welcome news, representing significant gains. For those considering entering the market, this surge highlights Bitcoin’s potential for substantial returns. However, it also underscores the importance of informed decision-making. Always conduct thorough research and consider your financial goals before making investment choices in the dynamic world of digital assets. The journey of Bitcoin has always been marked by periods of rapid growth, followed by corrections, emphasizing the need for a long-term perspective. In conclusion, the climb of BTC above $118,000 is a compelling development in the Cryptocurrency Market , showcasing Bitcoin’s enduring strength and appeal. This latest milestone serves as a powerful reminder of the exciting, albeit volatile, nature of digital investments. Staying informed and approaching the market with a clear strategy remains key for navigating its peaks and troughs effectively. Frequently Asked Questions (FAQs) Q1: What does a Bitcoin Price Surge to $118,000 signify? A Bitcoin price surge to $118,000 signifies strong investor confidence and increased demand for the digital asset. It indicates a bullish market sentiment and can often precede further upward movements, though corrections are always possible. Q2: How does the current BTC Price affect the broader Cryptocurrency Market? As the largest cryptocurrency, a significant rise in BTC Price often acts as a positive catalyst for the entire Cryptocurrency Market. It can boost investor confidence and lead to increased interest and investment in altcoins as well. Q3: Is now a good time for Bitcoin Trading? The decision to engage in Bitcoin Trading depends on individual risk tolerance and market analysis. While a surge indicates momentum, the market remains volatile. It’s crucial to research, understand market trends, and consider consulting a financial advisor. Q4: What factors contribute to the Digital Asset Value of Bitcoin? Several factors contribute to Bitcoin’s Digital Asset Value, including its fixed supply, increasing institutional adoption, growing utility as a payment method, geopolitical events, and overall market sentiment. Q5: How can I stay informed about future BTC Price movements? To stay informed about future BTC Price movements, you can follow reputable cryptocurrency news outlets, market analysis platforms, and engage with the crypto community. Always cross-reference information from multiple reliable sources. Did you find this update on the Bitcoin Price Surge helpful? Share this article with your friends and on social media to spread the word about this exciting development in the cryptocurrency world! To learn more about the latest explore our article on key developments shaping Bitcoin price action. This post Bitcoin Price Surge: BTC Rockets Above $118,000! first appeared on BitcoinWorld and is written by Editorial Team
A new Ethereum address withdrew 4,492 ETH from Kraken today, valued at $20.01 million. This significant transfer may indicate whale activity, influencing the ETH market dynamics. 4,492 ETH withdrawal from
The crypto market is running strong, powered by SEI’s rising momentum and Solana’s rally above $200. Both are gaining attention for solid fundamentals, bullish charts, and active network growth. While these two grab headlines, BlockDAG (BDAG) is making noise with a presale that has already brought in $374.5 million at just $0.0276 per coin in Batch 29. Beyond the numbers, it is keeping its growing community engaged through Buyer Battles, the feature-packed Dashboard V4, and high-visibility partnerships with the Seattle Seawolves and Seattle Orcas. These moves are positioning BlockDAG as a serious name among the top crypto projects to watch in 2025. SEI Price Momentum Gains Pace Sei (SEI) is trading at $0.3144 with a market cap of $1.80 billion and $333.20 million in daily trading volume, up 0.83% in the last 24 hours. A major catalyst has been rapid USDC adoption, with more than $160 million minted in only two weeks after Circle’s early investment, surpassing many older blockchains in stablecoin issuance. This growth is making Sei an attractive base for DeFi, cross-border payments, and settlement systems, drawing developers who need speed and efficiency. Analyst Ali Martinez recently flagged a bullish TD Sequential signal, which has been accurate in predicting SEI’s moves, hinting at a possible short-term push higher. In derivatives, volume slipped 1.67% to $455.04 million, and open interest fell 1.60% to $285.32 million, showing slightly less speculation. The funding rate held steady at 0.0010%, reflecting caution among traders. Solana (SOL) Extends Rally Above $200 Solana (SOL) jumped more than 15% in a single day, crossing $200 and sparking bullish sentiment. This rally is supported by strong developer activity, steady protocol upgrades, and growing demand in NFTs and meme assets. Long-term holders are adding to positions, and institutional interest is rising. Traders are watching $220 as the next near-term target. On the charts, SOL trades above the Ichimoku cloud with a bullish crossover forming, while the Chaikin Money Flow has moved back above zero, showing capital inflows. There is a rising wedge pattern, often a bearish sign, but a break above $219–$222 with strong volume could lift SOL toward $244–$250, or even $268 in an extended run. If it fails to hold $200, a pullback toward $180–$185 could come before another rally attempt. BlockDAG: Dashboard V4 and Sports Partnerships Expand Reach BlockDAG’s presale has now passed $374.5 million, with over 25.2 billion coins sold in 29 batches. The current price is $0.0276, still well under the planned $0.05 launch. Batch 1 participants have already seen gains of 2,660%, and current buyers could see an 81% lift at launch if projections hold. One standout feature is Buyer Battles, a daily contest where the largest buyer secures any leftover allocation for free at midnight. This turns each day of the presale into a competitive event and keeps participation high as the $600 million target gets closer. Dashboard V4 adds a professional, exchange-style experience for participants. It shows live BDAG charts, wallet balances, order book data, and referral stats. Leaderboards, bonus trackers, and interactive visuals give a taste of post-launch functionality while building community ties. The project is also going beyond crypto circles with sports partnerships. Collaborations with the Seattle Seawolves rugby team and Seattle Orcas cricket team introduce NFTs, fan coins, and exclusive content to new audiences. Alongside these efforts, BlockDAG’s mining ecosystem keeps growing. Its X1 mobile miner and X10 hardware miner pairing was demonstrated live earlier this month. These tools allow users to earn BDAG without complex setups, making mining accessible to all. With record presale results, engagement-focused features, global partnerships, and ready-to-use mining products, BlockDAG is cementing itself as a leading contender among 2025’s top crypto projects. Final Verdict SEI’s quick USDC integration and strong technical signals are setting it up for further growth, making it appealing as a fast, scalable blockchain for DeFi and payments. Solana’s surge above $200, backed by high on-chain activity and institutional interest, shows it can capture and hold market momentum. BlockDAG is taking a different route by building its ecosystem before launch. With $374.5 million raised, a $0.0276 price, competitive Buyer Battles, and Dashboard V4, it is creating engagement and utility ahead of listing. Sports partnerships with the Seawolves and Orcas boost mainstream reach, while mining tools like the X1 and X10 add practical earning options. For those tracking the top crypto projects, SEI and Solana are delivering now, but BlockDAG’s groundwork points toward a strong breakout in 2025. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post SEI Price Gains, Solana Breaks $200, and BlockDAG’s New Dashboard V4 Hype Pushes Presale Past $374.5M! appeared first on TheCoinrise.com .
Standard Chartered has revised its outlook for Ethereum, shifting its year-end forecast from $4,000 to $7,500, an 87.5% increase from its previous projection . The bank attributes this adjustment to stronger institutional participation, accelerated accumulation by Ethereum-focused companies, and a fast-expanding stablecoin market. The institution’s earlier forecast, issued in March, was based on more modest assumptions about demand and adoption. Since then, developments in both the investment landscape and regulatory environment have led the bank to reassess its position. Ethereum’s current market price stands at approximately $4,721 , meaning Standard Chartered’s updated target implies a potential 59% upside by the end of 2025. Growing Institutional Presence as a Primary Driver According to the bank, institutional interest in Ethereum has risen significantly in recent months. A key factor is the emergence of Ether treasury companies, which acquire and hold large quantities of ETH as part of their strategic reserves. These entities have collectively secured 2.95% of Ethereum’s total supply, nearly twice the accumulation rate seen among similar Bitcoin-focused firms during the 2024 U.S. election cycle. Bitmine leads this wave of acquisitions with roughly 1.2 million ETH valued at $5.4 billion. Other notable participants include SharpLink, which has accumulated about 598,800 ETH worth $2.82 billion, and Ether Machine, with 345,400 ETH valued at $1.63 billion. This institutional buying spree is compounded by the performance of U.S.-listed Ethereum spot exchange-traded funds (ETFs). On August 11, these ETFs recorded a record daily inflow of $1.02 billion. Combined, ETFs and treasury companies have removed approximately 3.8% of Ethereum’s total supply from circulation since early June, contributing to tighter market conditions. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Stablecoin Expansion and DeFi Growth Standard Chartered also identified the rapid expansion of the stablecoin market as a major long-term catalyst for Ethereum. The bank expects the sector’s total value to reach $2 trillion by 2028, with Ethereum maintaining more than 50% market share. Stablecoins already account for around 40% of all transaction fees generated on the Ethereum network, providing a steady revenue stream that could support higher valuations. Regulatory clarity is another factor. Measures such as the GENIUS Act , passed in July, are expected to create a more defined framework for stablecoin operations in the U.S., encouraging further institutional adoption. Fundstrat CIO Tom Lee has previously pointed to this convergence of stablecoin growth and Wall Street interest in Ethereum as one of the most significant investment opportunities of the coming decade. Beyond its revised 2025 target, Standard Chartered projects Ethereum to rise to $12,000 by 2026 and $18,000 by 2027, reaching $25,000 in 2028. The bank anticipates Ethereum will hold an average value equivalent to 0.0445 BTC over the next four years. While these estimates are bullish, other analysts foresee even more aggressive gains. Market commentator Mr. Xoom has suggested Ethereum could reach $10,000 within the year, while Lee maintains a $15,000 target for the same period. Standard Chartered’s updated forecast reflects a stronger conviction in Ethereum’s long-term value, driven by deepening institutional involvement, accelerating supply absorption, and the growing role of stablecoins in the network’s economy. While the targets are ambitious, the combination of regulatory progress, structural demand, and blockchain adoption trends suggests that Ethereum could be positioned for one of its most significant growth phases to date. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Standard Chartered Targets $25,000 Ethereum (ETH) Price. Here’s the Timeline appeared first on Times Tabloid .
As the cryptocurrency market continues to see more renewed interest and adoption, crypto traders and investors are once again looking for the top altcoins to buy—not just for short-term gains, but for long-term upside. Amidst the capital rotation and transaction boom, analysts have flagged Solana (SOL), VeChain (VET) and MAGACOIN FINANCE as standout performers, each showing strong momentum, growth, and adoption. Solana’s Growth Story Shows No Signs of Slowing Solana, one of the largest blockchain networks, continues to enjoy the positive crypto market mood. The network’s popularity is fast-growing among blockchain builders and DeFi users. In particular, the network has earned praise for its lightning-fast transaction speeds, rising total value locked (TVL), and institutional backing. Solana’s network is now home to billions in value and some of the highest activity in crypto, cementing itself as one of the top altcoins to buy in 2025. With the network now drawing more attention, analysts expect the massive decentralized exchange (DEX) volume on the blockchain to significantly increase. VeChain Rides Utility and Enterprise Demand VeChain (VET) has been building quietly—but consistently. The project continues to leverage its supply chain transparency, sustainability tracking, and global partnerships to deepen its growing adoption. Long-term forecasts for VeChain remain bullish, with models predicting significant price growth over the next few years. For investors seeking top altcoins to buy in 2025 and beyond, VeChain offers a mix of enterprise adoption, steady development, and potential upside that fits a long-term investment thesis. MAGACOIN FINANCE is quietly emerging as a top altcoin pick. Smart crypto investors know: timing matters more than hype. Those who got in on Solana or VeChain before they went mainstream saw returns that reached tens of thousands of per cent. Now, analysts are pointing to MAGACOIN FINANCE—a political memecoin project that’s quietly gaining ground—as a hidden altcoin gem to accumulate before the next peak. Amidst the ongoing capital rotation, whales’ interest in MAGACOIN FINANCE has picked up. At the same time, analysts have highlighted MAGACOIN FINANCE as one of the top altcoins to buy now for those watching early-stage momentum. While established tokens like Solana and VET could still deliver gains, MAGACOIN FINANCE is uniquely positioned to outperform due to its low cap. For crypto investors looking for the next big move before it happens, MAGACOIN FINANCE could be one of the rare chances to get in early on a potentially explosive asset. Final Thoughts: The Smartest Plays Aren’t Always the Loudest Finding the best altcoins to buy isn’t always about market cap or social media hype—it’s about identifying momentum, community traction, and untapped narratives. Solana and VeChain continue to offer strong fundamentals and compelling use cases. But for those willing to explore beyond the usual names, MAGACOIN FINANCE presents a unique opportunity to capture early-stage growth. Whether you’re building a portfolio around utility, future relevance, or high-upside potential, keeping a close eye on emerging projects like MAGACOIN could be the smartest move you make this cycle. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: 30,000% ROI? Solana (SOL), VeChain (VET), and This Undervalued Coin Poised for Explosive Growth
XRP is currently retracing toward the 0.5-0.618 Fibonacci zone after breaking out of a descending wedge, with analysts targeting $4.67 as the first upside goal due to reduced exchange supply.
TL;DR A popular cryptocurrency analyst with over 150,000 followers on X has outlined arguably the most important support level for XRP’s current bull market structure. The asset remains above it for now, while substantial whale accumulations hint at another possible price pump. $2.81 is the key support for $XRP , where 1.70 million tokens were accumulated. pic.twitter.com/oYYMcEHeFP — Ali (@ali_charts) August 16, 2025 The support line in question is located around $2.81. Martinez said 1.70 million tokens were purchased at these levels, which are valued at well over $5 billion at today’s prices. Such sizable accumulation zones typically serve as significant support or resistance lines, as investors tend to panic if their positions change from being in the water to an unrealized loss after a long time and vice versa. XRP tested that support at the beginning of the month. At the time, the entire cryptocurrency market was in a free-fall state due to Donald Trump’s latest actions on the trade war front, as well as the movement of a couple of US nuclear submarines. However, the bulls managed to defend it, and Ripple’s native token bounced confidently above it and hasn’t looked back since. Just the opposite, it challenged the $3.30 resistance, which, for now, has been too strong to breach. Nevertheless, whales seem bullish on XRP’s future price movements as they keep accumulating the token. After last week’s $1 billion worth of XRP purchase , they bought another 120 million coins just a few days later. Meanwhile, Martinez outlined $3.26 as a key resistance level for the asset’s future trajectory. If broken, it could jump to a new all-time high of $3.90, he added. The post Ripple’s XRP Must Hold This Critical Support Line to Stay in Bull Mode appeared first on CryptoPotato .