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Cathie Wood’s Ark Invest Scoops Up $37M in Bullish and Robinhood: A Bold Bet on Crypto’s Future?

by admin August 21, 2025

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Cathie Wood’s Ark Invest has continued its aggressive push into crypto-related equities, scooping up $21.2 million in Bullish shares and $16.2 million in Robinhood stock on August 19, 2025.

The purchases, made through the firm’s flagship ARK Innovation ETF (ARKK), highlight Ark’s conviction in digital asset infrastructure even as broader crypto stocks tumbled.

According to Ark’s latest filing, the fund acquired 356,346 shares of Bullish and 150,908 shares of Robinhood.

This marks the third consecutive trading day Ark boosted its Robinhood position, following earlier buys of $14 million on Monday and $9 million last Friday. The moves expand Ark’s exposure to platforms shaping the future of trading and digital finance.

TOTAL saw significant losses on the daily chart. Source: TOTAL on Tradingview

Bullish and Robinhood Slide Amid Market Sell-Off

Despite Ark’s heavy buying, both stocks ended sharply lower on the day. Bullish dropped 6.09% to $59.51, slipping an additional 3.24% in after-hours trading, while Robinhood fell 6.54% to $107.50 and lost another 1.23% post-market.

The sell-off wasn’t isolated. Other crypto-linked equities also suffered, with Coinbase down 5.82%, Galaxy Digital plunging 10.06%, Strategy sliding 7.43%, and Circle off 4.49%.

The Nasdaq Composite fell 1.46% as investors pulled back ahead of the U.S. Federal Reserve’s Jackson Hole symposium, where policy signals are expected to shape market sentiment.

A Strategic Bet on Crypto’s Long-Term Growth

Ark’s latest move builds on a $172 million allocation to Bullish last week, when the Cayman Islands-based exchange made its highly anticipated debut on the New York Stock Exchange.

With Ark now holding more than 1.1 million Bullish shares valued at roughly $73.85 million, the firm is betting big on the platform’s role in the evolution of crypto markets.

Similarly, Robinhood has become one of Ark’s most consistent crypto-adjacent holdings. The recent spree increases its share of ARKK’s portfolio to over 4%, highlighting Ark’s belief in the platform’s long-term potential despite short-term volatility.

Wood’s investment strategy mirrors confidence in crypto’s ongoing institutional adoption, as firms like Gemini, OKX, and Kraken explore IPOs. Ark also maintains significant positions in Circle and Coinbase, further engraving its role as one of Wall Street’s most vocal champions of digital assets.

As volatility shakes out weaker hands, Ark’s contrarian bets may position it to capitalize if crypto markets rebound, raising the question: is this a bold gamble, or a long game in the market?

Cover image from ChatGPT, TotalCrypto chart from Tradingview

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August 21, 2025 0 comments

Product Reviews

Intel claims 18A, the node Pat bet the company on, is either 25% faster or 38% more efficient than Intel 3. Though that’s a node Intel didn’t have enough faith in to release for desktops or laptops

by admin June 19, 2025

Intel has been deep diving on its upcoming 18A chip node at the VLSI Symposium in Japan. And if the company’s claims are to be believed, 18A is looking pretty sweet. Among other factoids, Intel says it’s either up to 25% faster at the same power level, or up to 38% more efficient at the same frequency compared with the Intel 3 node. That’s very promising for laptop battery life in particular.

Of course, Intel 3 is a node of which we have absolutely zero experience. That’s because Intel has never used Intel 3 for a consumer chip, choosing instead to go with TSMC’s N3 node for both its Lunar Lake laptop chip and latest Arrow Lake desktop and mobile CPU family, as used for the Intel Core Ultra 9 285K.

The most advanced Intel node in the PC is Intel 7, which is a rebrand of Intel’s infamous 10nm technology, which ended up arriving the better part of a decade late. Anyway, what to make of these claims from Intel?

Specifically and compared to Intel 3, Intel says that in low voltage 0.65 V operation, 18A is either 18% faster or 38% more efficient, while in high voltage 1.1 V mode, it’s 25% faster or 36% more efficient. In other words, in low voltage mode you can either run the same clock speed as Intel 3 and use 38% less power, or use the same power and enjoy 18% faster clocks.

Meanwhile, in the high performance, high voltage mode, you can choose between either 25% higher clocks for the same power consumption as Intel 3 or the same clocks with 36% lower consumption.

Intel didn’t fancy its own Intel 3 node for Arrow Lake. (Image credit: Ordinary Uncle Tony)

Any way you slice it, these are very nice numbers. It’s just hard to draw too many conclusions given the scarcity of comparable Intel chips on the Intel 3 node. For now, it’s only the Xeon 6 Granite Rapids server CPU, launched earlier this year, that’s built on Intel 3.

Moreover, the fact that Intel passed over Intel 3 for Lunar Lake and Arrow Lake hardly seems like a vote of confidence in its own manufacturing tech. The point being that Intel also made some bullish claims about Intel 3 and an 18% performance-per-watt increase over Intel 4, but it seems like we’ll never get an Intel 3 chip in a PC.

What’s more, even if these claims are accurate, there’s the question of yields. Can Intel actually produce 18A chips at scale? Answers to all these questions will presumably come later this year when the Panther Lake mobile CPU with an 18A CPU die is supposed to be released.

If Intel’s numbers are accurate, Panther Lake ought to be a much more efficient laptop CPU, enabling clearly improved battery life. At least, that’s compared to Intel 3. Exactly how 18A compares with TSMC N3, which is the node used by Intel for Lunar Lake’s CPU cores is a separate matter.

The takeaway here, then, is that this is all very complicated. Intel has released some very promising numbers. But they involve comparison with another Intel node which itself is only available in a range of server chips and it’s unclear how 18A stacks up against TSMC’s competing technology.

The proof will be in the processing, so to speak, when Panther Lake arrives at the end of this year. It’s been a long time coming, but no CPU has ever felt as critical for Intel as Panther Lake.

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June 19, 2025 0 comments

GameFi Guides

Traders Bet On Price Rebound

by admin June 17, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Data shows the Bitcoin Options 25 Delta Skew has seen a bullish flip, a sign that the traders may be expecting a price rebound.

Bitcoin Options 25 Delta Skew Suggests Traders Are Positioning For Upside

As pointed out by the analytics firm Glassnode in a new post on X, the Options 25 Delta Skew has recently observed a reversal to positive levels for Bitcoin. The “25 Delta Skew” is an indicator related to the BTC Options market that basically tells us about the sentiment present among the traders.

The metric does so by comparing the Implied Volatility (IV) of bearish positions (puts) and bullish positions (calls). Here, the IV is a measure of how volatile the traders expect the asset to be in the future.

The 25 Delta Skew specifically compares this expectation for the puts and calls with a delta of 25. That is, the Options contracts whose price changes by $0.25 for every $1 change in the BTC spot value.

Naturally, for puts, the change is in the opposite direction to the price, as these positions are betting on a bearish outcome. This means their price rises by $0.25 whenever BTC goes down $1. On the other hand, the $0.25 increase/decrease happens alongside a $1 price increase/decrease in the asset’s spot value for the calls.

Now, here is a chart that shows the trend in the Bitcoin Options 25 Skew Delta for a few different expiration periods over the last couple of weeks:

The value of the metric appears to have gone up on all of these expiration timeframes in recent days | Source: Glassnode on X

As displayed in the above graph, the Bitcoin Options 25 Delta Skew was below the 0% mark for all of these expiries earlier in the month. During the past week, however, a flip appears to have occurred in the market, with the metric climbing to a positive value for all of them.

The trend is especially prominent in short-dated contracts. The positions expiring in one week have seen the indicator go from -2.6% to +10.1%. Similarly, those expiring in one month have observed a reversal from -2.2% to +4.9%.

Based on the trend, the analytics firm notes, “traders are aggressively positioning for near-term upside or volatility.” This bullish flip in the Options market has interestingly come while Bitcoin has faced some bearish price action. It now remains to be seen whether the bullish confidence from the market will pay off or not.

In some other news, Strategy has completed yet another Bitcoin purchase, as Chairman Michael Saylor has shared in an X post. The acquisition, involving 10,100 tokens, has cost the company around $1.05 billion. The firm now holds a total of 592,100 BTC, with a cost basis of $41.84 billion.

BTC Price

Bitcoin has made a slight recovery during the past day as its price has returned to $106,600.

The trend in the BTC price over the past five days | Source: BTCUSDT on TradingView

Featured image from Dall-E, Glassnode.com, chart from TradingView.com

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June 17, 2025 0 comments

Esports

Poker pro’s Kill Tony debut stuns crowd after $40K bet with Tony Hinchcliffe

by admin June 12, 2025

Poker star Doug Polk, one of the best heads-up players in the world, risked $40,000 against Tony Hinchcliffe for the chance to appear on Kill Tony.

Kill Tony is the internet’s most popular comedy podcast and has been a staple on YouTube for many years, with the show only recently putting special episodes on Netflix.

The show features amateur comedians performing one-minute sets in front of comedy legends such as Ari Shaffir, Joe Rogan, Tom Segura, and sometimes mainstream celebs like Tucker Carlson and Ric Flair.

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Typically, the amateurs only get to perform if their name is pulled out of a bucket, but poker pro Doug Polk had a different strategy in mind to appear on the podcast. It almost cost him a lot of money.

Tony Hinchcliffe beat Poker pro for $20K but loses double or nothing bet

According to Tony, he was at a bar drunk when he was informed that Doug Polk was in attendance and decided to compete against him.

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Polk risked $20,000 and in return, Tony offered him the chance to do a minute on Kill Tony. Well, despite being drunk, Tony was able to take round one after just 20 minutes.

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However, the overconfident Hinchcliffe wasn’t done there. Up $20K, he challenged the poker star to go double or nothing, meaning he could win $40K, but in return, Tony put two KT appearances on the line.

“So, I won $20,000 and we doubled the bet to $40,000 and any day now he’s going to be popping in on this show,” Tony recalled. “So yeah, he won that second game.”

On June 9, Polk made his Kill Tony debuted and absolutely crushed it and had the best set of the night according to Tony and the guests.

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“Obviously people who can play poker professionally are already living a lot of people’s dreams. The fact you’re chasing this rush and it is, as you can probably feel, a crazy adrenaline rush, same type of thing as when you’re in a big hand and you don’t f**king know what’s going on,” Hinchliffe commended him. “But you got it.”

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Polk still has one more Kill Tony appearance set to happen, but it’s not clear yet when that will be. However, given the success of his first set, there’s always a chance he returns for one of the show’s future Netflix specials, especially with the poker star chasing that aforementioned rush.

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June 12, 2025 0 comments

GameFi Guides

HYPE hits new ATH in 12% climb as whales bet big

by admin June 11, 2025

Hyperliquid has surged to a new all-time high closing at over $42, riding a wave of renewed market optimism, increased whale activity, and bullish investor sentiment.

On June 11, 2025, HYPE (HYPE) jumped by over 8%, pushing its price to a new record of $42.07. The rally extended its gains from the day before, marking a sharp reversal from last week’s dip that brought the token close to the $30 level.

The token’s new ATH record caps weeks of growing investor confidence, fueled by positive momentum, fresh exchange listings, and speculation of further upside potential. Trading volume also surged to over $500 million in the last 24 hours, with HYPE’s market cap now stands at $14 billion.

HYPE sets new all-time high, June 10, 2025. | Source | crypto.news

The uptick in HYPE’s price comes amid a broader crypto market rebound, which has seen various assets record fresh gains, However, even fueling the growth further is increased whale activity and an aggressive accumulation by large position holders.

Whales go all in on Hyperliquid (HYPE)

According to on-chain analytics platform Spot On Chain, one wallet recently scooped up 259,367 HYPE tokens, worth nearly $10 million at the time of purchase. The purchase makes the latest addition to the whale’s position, which has realized over 10 million in all-time profit trading the token.

Several other large-scale buys have been recorded as well. Three notable ones were purchases of 70,617.6 $HYPE at an average price of $35.40 by one wallet, worth approximately $2.5 million. Another transaction of similar weight was 28,500 $HYPE at $35.09 each, worth $1 million, and 57,372 $HYPE at an average cost of $24.95, valued at $1.45 million.

Beyond the large-scale purchases and volume, HYPE’s broader ecosystem developments are also contributing to the rally. Recent integrations and partnerships have strengthened the Hyperliquid network, attracting more users and reinforcing investor confidence in the project’s value.

Although the token has slightly cooled from its intraday peak, currently trading around $41.24 at press time, it remains well above its previous resistance levels, signaling strong momentum.

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June 11, 2025 0 comments

GameFi Guides

KULR Strengthens Bitcoin Bet with $13M BTC Purchase

by admin June 10, 2025

KULR Technology Group is stepping deeper into the Bitcoin game. The energy storage company has picked up 118 more BTC this week and signed on to the Bitcoin for Corporations initiative, a project aimed at helping public companies navigate the shift toward Bitcoin-backed treasuries.

With this new purchase, KULR now holds 920 BTC, worth around $91 million in total. The company spent about $13 million on the latest batch, buying at a weighted average price of $107,861 per coin, including fees. Across all purchases, its average cost basis sits at $98,760 per BTC.

The announcement also marks KULR’s official entry into Bitcoin for Corporations, a joint effort by Strategy and Bitcoin Magazine that connects companies interested in adding Bitcoin to their balance sheets. Members get access to tools, frameworks, and a peer network focused on long-term BTC treasury strategy.

KULR’s interest in Bitcoin isn’t new. The company has been scaling its Bitcoin reserves since late 2024, when it restructured its treasury model to become what it now calls a “Bitcoin First” company. Since then, it has committed to parking up to 90% of its excess cash into Bitcoin.

KULR has recently acquired 118.6 BTC for ~ $13 million at ~ $107,861 per #bitcoin and has achieved BTC Yield of 260% YTD. As of 6/5/25, we hodl 920 $BTC acquired for ~ $91 million at ~ $98,760 per bitcoin. $KULR pic.twitter.com/3S8G91UYrV

— Michael Mo (@michaelmokulr) June 9, 2025

In a statement, CEO Michael Mo said the decision reflects the company’s belief in Bitcoin’s long-term role as a monetary asset. “Our commitment to Bitcoin for Corporations reflects a strong conviction in Bitcoin’s long-term value as a monetary asset,” he said.

So far in 2025, KULR has generated a 260% yield on its BTC holdings, fueled by both cash and equity-based funding through its At-The-Market program.

While most corporate Bitcoin headlines have focused on tech firms and miners, KULR’s presence stands out. Its core business is in energy systems, primarily for aerospace, defense, and space applications. But its financial strategy now reads like a playbook from the crypto-native world.

KULR’s stock has been slowly responding. It last traded around $1.23, up just over 4% on the day of the announcement.

By joining the BFC initiative, KULR joins a growing circle of companies treating Bitcoin not as a speculative asset, but as a reserve asset, one that could hedge against inflation, volatility, and a weakening fiat environment.

Also Read: Bitcoin Treasury Adoption Soars as Belgravia Hartford Buys BTC

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June 10, 2025 0 comments

Gaming Gear

Apple TV 4K is still your best bet for streaming privacy for one key reason, report claims

by admin June 4, 2025

A new report is highlighting just how secure the Apple TV 4K is
It says it’s the best for streaming privacy as Apple isn’t focused on selling ads

There is no shortage of streaming boxes or streaming sticks, but ever since the original Apple TV was unveiled, the Cupertino-based tech giant’s offering has always been decidedly premium. And beyond the easy integration with other Apple devices and the ability to live within the ecosystem, it’s also earned an accolade for being one of the best privacy-focused streaming boxes.

That is, according to a new report from the Public Interest Research Group (PIRG) who spoke with Ars Technica. It all comes back to the idea of many streaming boxes integrating advertisements directly into the experience. You’ll find that on Roku as well as on Amazon Fire TV devices, which in some cases have full banner ads. It’s also common for smart TVs, from the likes of LG and Samsung, as well.

The director of the Public Interest Research Group (PIRG), RJ Cross, told them, “Apple’s primary business model isn’t dependent on selling targeted ads, so it has somewhat less incentive to harvest and monetize incredible amounts of your data.” And it’s a good point, since this also limits the amount of tracking Apple might need to do on the device.

After many bet against it, a PS5 State of Play is coming tomorrow with over 40 minutes of game reveals

by admin June 3, 2025

Sony has officially announced that it’s going to be hosting an event in June after all. It’s going to be of the State of Play variety, and it will be airing live tomorrow. Sony has, in recent years, made a habit of announcing those livestreams one or two days before the event’s scheduled date.

This June’s State of Play is no different, and it looks like it won’t be heavy on first-party games.

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This week’s State of Play will be live tomorrow, June 4 at 2pm PT, 5pm ET, 10pm UK. In the announcement blog post, Sony said we can expect “news and updates” on games coming to PS5.

“The show highlights a selection of great games from creators across the globe,” the blog post adds, which really doesn’t tell us much. It is clear, however, that this won’t be a first-party-focused show, though it is curious that Sony elected not to use the terms ‘first’ or ‘third-party’ in the announcement.

In any case, this State of Play is going to a little beefy, clocking in at over 40-minutes-long. As always, you’ll be able to watch it live on PlayStation’s official Twitch, and YouTube channels.

This week is going to be very busy with events and game reveals. Summer Game Fest’s live opening show is scheduled for Friday, June 6, and the first edition of IO Interactive’s IOI Showcase is taking place just a couple of hours later on the same day.

Then, on Sunday, June 8, Xbox will take its turn to host its own showcase, which will be followed by a dedicated The Outer Worlds 2 direct, so it’s all popping off. EA and Ubisoft are seemingly going to sit this one out, but we wouldn’t bet against some of their rumoured and in-development games showing up at one (or more) of these shows.

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June 3, 2025 0 comments

GameFi Guides

James Wynn offloads $4.12M HYPE and takes another $100M 40x-leveraged long bet on Bitcoin

by admin June 2, 2025

Despite almost $100M loss last week, James Wynn is back in the game, having recently sold $4.12M worth of HYPE for over $1M profit and then opened a new 945 BTC long position with 40x leverage.

According to Lookonchain, James Wynn recently unstaked 126,116 Hyperliquid (HYPE) — worth around $4.12M —and sold all of them at $32.7. Wynn originally bought these HYPE tokens on May 9 and May 12 at an average price of $24.4, which marks his profit at around $1.05M. However, this pales in comparison to the $99 million Wynn lost over the past week.

According to on-chain analytics platform Spot On Chain, the journey that resulted in almost $100 million loss began with Wynn building a series of highly leveraged positions that initially performed well.

Between March 20 and May 23, he accumulated a total profit of $83 million through a series of high-leverage trades, including a 10x long on (Pepe) PEPE with $23.8 million in unrealized gains, a 10x long on Trump (TRUMP) with $6.83 million realized, and a 5x long on Fartcoin (FARTCOIN) with $4.48 million realized. On May 22, his largest position—a $1.14 billion long on Bitcoin (BTC)—was up $39 million.

On May 24, Wynn doubled down on his BTC long, raising the position to $1.25 billion. Within hours, that trade was down $13.4 million. The next day, May 25, he reversed to a $1 billion BTC short, which resulted in a $15.87 million loss over 15 hours.

On May 30, as BTC dropped below $105K, Wynn was liquidated for 949 BTC, worth approximately $99.3 million at the time. After factoring in all positions and liquidations, Wynn’s net performance flipped from +$83 million to approximately -$12 million within seven days.

Source: @spotonchain

Undeterred by these losses, Wynn is back in the game, having just opened another long BTC position of 945 $BTC ($99.7M) with 40x leverage. With the initial margin at $2,177,955.53, his initial liquidation price was $104,577. However, he recently deposited another $400,000 as margin, with the new liquidation price is $104,151— less than 1% away from the current price.

Following this bet, Wynn urged his X followers to support him by buying Bitcoin. Apparently, Wynn believes that he — along with other retail traders holding highly leveraged longs on the Hyperliquid platform — are being hunted by crypto whales who are trying to liquidate them.

“The moment I entered my long the insta hunted me. There is an agenda here and I don’t know what it is. It can’t be just my long, maybe it’s because I’m a fish playing a whales game or maybe it’s because I’m bringing attention to Hyper Liquid,” he wrote.

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June 2, 2025 0 comments

NFT Gaming

Strategy Up 2,930% Since 2020 Bitcoin Bet as Saylor Stays Bullish

by admin June 1, 2025

Michael Saylor’s Strategy has seen its stock rise by 2,930% since it began accumulating Bitcoin in 2020. The explosive performance was highlighted in a tweet by Sentora (formerly known as IntoTheBlock), adding that MSTR has outperformed Bitcoin by 63% over the past three months alone.

Strategy’s stock (MSTR) is up roughly 2,930% since it started buying Bitcoin in 2020, outperforming Bitcoin by 63% in the last 3 months pic.twitter.com/fd3VhNtFpn

— Sentora (previously IntoTheBlock) (@SentoraHQ) May 31, 2025

In 2020, Strategy (formerly MicroStrategy) shocked traditional markets by announcing Bitcoin as its primary treasury reserve. The Bitcoin treasury play has boosted Strategy, lifting its market cap past $80 billion. On May 26, Strategy revealed the massive acquisition of 4,020 BTC for nearly $427.1 million at $106,237 per Bitcoin. As of May 25, 2025, Strategy holds 580,250 BTC acquired for $40.61 billion at $69,979 per Bitcoin.

Explosion of interest in Bitcoin

Saylor recently stated there has been “an explosion of interest” in companies purchasing Bitcoin. “Over the long term, Bitcoin on the balance sheet has proven to be extraordinarily popular,” Saylor told CNBC.

bet

Bullish and Robinhood Slide Amid Market Sell-Off

A Strategic Bet on Crypto’s Long-Term Growth

Bitcoin Options 25 Delta Skew Suggests Traders Are Positioning For Upside

BTC Price

Tony Hinchcliffe beat Poker pro for $20K but loses double or nothing bet

Whales go all in on Hyperliquid (HYPE)

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Explosion of interest in Bitcoin