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Solo Bitcoin Miner Beats the Odds, Scoring $365K BTC Jackpot

by admin August 19, 2025

In brief

A solo Bitcoin miner solved a block on Sunday—a rare feat these days.
The independent miner took home around $365,000 in rewards and fees.
Mining Bitcoin is a cutthroat industry; even the major players face challenges.

An independent Bitcoin miner hit the jackpot Sunday, outgunning the top mining operations that typically solve blocks on the leading cryptocurrency’s network.

A solo miner solved block 910,440 of the Bitcoin blockchain, bagging a 3.137 BTC reward—worth approximately $365,000 at current prices.

The block contained 4,913 transactions and was added by a miner using Solo CKPool—a service allowing anonymous miners to get started with a mining hook-up, without the need to run their own full Bitcoin node.

Miners currently receive 3.125 BTC plus transaction fees for adding a block to the flagship digital coin’s network.

It’s worth noting that a “solo miner” is just a mining operation using an independent pool that isn’t a big brand or publicly traded company that dominates the Bitcoin mining industry, such as Foundry, MARA, or Luxor.

Decrypt previously spoke with experts in the space who denied what outspoken influencers on Crypto X sometimes proclaimed: that a “solo miner” hitting the jackpot was necessarily a small operation with little computational power, solving blocks alone.

Once upon a time, people could mine Bitcoin from their laptops. But as the network has grown and difficulty has increased, miners now typically consist of industrial operations, or warehouses full of expensive computers.

Mining the biggest cryptocurrency has grown increasingly hard due to difficulty increases and the volatile nature of the digital coin’s price. Miners often have to sell coins or branch into different industries—like AI data centers—to cover operational costs.

Bitcoin was recently trading for $116,323 per coin, down more than 1% over a 24-hour period, according to CoinGecko.

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August 19, 2025 0 comments

NFT Gaming

Litecoin Climbs 4% to Top $84, With ETF Odds Growing

by admin June 24, 2025

Litecoin shook off last week’s slump, rising 4% to an intraday high of $85.45 and then holding ground near $84. The move came on volume above its 20-day average, signaling conviction behind the breakout.

An easing in global stress helped, with a supposed ceasefire between Israel and Iran.

The next catalyst may be regulatory. The U.S. Securities and Exchange Commission is reviewing two bids for a spot Litecoin ETF.

A green light to such a fund this year, to which Polymarket traders assign an 83% chance, would open LTC exposure to investors betting on crypto through traditional brokerages. Bloomberg analysts see a 95% chance of a spot LTC ETF approval.

Technical Analysis Overview

Litecoin’s price burst through the $83.40 ceiling backed by 331,459 LTC being traded in a single hour, according to CoinDesk Research's technical analysis data model.
LTC has since been bouncing between $84.00-$84.20 support and $85.30-$85.45 resistance.
A descending intraday channel printed lower highs until buyers defended $84.20.
Holding above $84 keeps $90 in play while a close below $84 risks a slide to $79.

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June 24, 2025 0 comments

GameFi Guides

Latest XRP ETF Approval Odds Revealed by Bloomberg

by admin June 20, 2025

Bloomberg has increased the odds of spot-based XRP exchange-traded funds (ETFs) being approved in 2025 to 95% in the latest update.

This comes amid increasing engagement from the U.S. Securities and Exchange Commission (SEC), which is viewed as an encouraging sign for ETF issuers.

As reported by U.Today, Bloomberg analysts previously estimated that the probability of XRP ETFs being greenlit this year stood at 85%.

The latest update shows that the proposed ETF products that track Litecoin (LTC) and Solana (SOL) also stand at 95%. They were previously at 90%.

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The launch of the first spot-based memecoin ETF is also extremely likely. Dogecoin-based proposals, which have been put forward by such firms as Graycale, Bitwise, and 21Shares, are now overwhelmingly expected to be approved. Bloomberg analysts have now raised their odds to 90%.

The same applies to the ETF proposals for such altcoins as Cardano (ADA), Polkadot (DOT), and Avalanche (AVAX). The odds of these products had previously been estimated at 95%.

According to Bloomberg, the SEC likely views all of these tokens as commodities.

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June 20, 2025 0 comments

NFT Gaming

Odds of SOL, LTC, XRP ETF approval stand at 95%: analysts

by admin June 20, 2025

The chances of the U.S. Securities and Exchange Commission approving spot cryptocurrency exchange-traded funds for Solana, Litecoin and XRP in 2025 have increased to 95%, Bloomberg ETF analysts James Sayffart and Eric Balchunas say.

Seyffart and Balchunas shared the new forecasts in an updated outlook posted on X on June 20,2025.

As well as the high odds for a SEC approval for Solana (SOL), Litecoin (LTC) and XRP (XRP), other crypto ETF filings also have high chances of approval in 2025.

These include Dogecoin, Cardano, Avalanche, Hedera and Polkadot at 90% chances of approval in 2025.

Seyffart and Balchunas also assigned a 95% probability of approval within the next six months to crypto basket or index ETF filings by Grayscale, Hashdex, Bitwise, and Franklin Templeton. Notably, many of these applications are approaching their final SEC deadlines in early July.

SEC’s positive engagement key

Seyffart notes that their decision to raise the odds that the regulator gives a nod to most of the spot crypto ETF filings is down to “engagement from the SEC.” The ETF analysts see developments as “a very positive sign.”

The SEC has already acknowledged the 19b-4 forms for these applications and likely views the underlying altcoins as commodities, the analysts noted. They also pointed to Commodity Futures Trading Commission-regulated futures markets that already exist for many of these assets.

As for timing, analysts say approvals could arrive within weeks or closer to final deadlines later this year. Most applications have their final SEC decision dates in October and November.

“The timing of these approvals/launches is more uncertain,” Seyffart wrote on X. “Could be something we’re talking about in the next month or two. Or it could be something that waits until October or later.”

Despite the uncertainty around timing, the ETF experts believe it’s a “matter of when, not if.”

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June 20, 2025 0 comments

Crypto Trends

XRP ETF Approval Odds in 2025 Hit 90% on Polymarket

by admin June 20, 2025

The next event that could greatly impact the crypto market is gaining momentum: a spot XRP exchange-traded fund (ETF) in 2025 in the U.S.

On the Polymarket prediction site, speculators are now betting that the ETF has a 90% likelihood of approval by year-end.

This marks an increase of 19% over earlier odds, implying rising confidence among investors. Although Bitcoin- and Ethereum-based ETFs control a significant share of the market right now, the progress of XRP toward ETF status may provide decent competition.

With ETF approval, XRP would be available on traditional stock exchanges like any other security, without requiring holders to manage crypto wallets directly. This simplifies access for retail investors and enables the inflow of institutional capital that avoids direct exposure to crypto.

At one point, predictions hovered around 70%, but they have now surged to 90%, with trading volume surpassing $95,000. These numbers reflect real-time investor sentiment and often respond to news, legal developments, or insider optimism.

SEC delay adds tension

Why does this matter? If you’re a trader, it means increased volatility and potentially large moves in XRP’s price as the approval date approaches. For longer-term investors, the ETF could drive demand for XRP, leading to greater liquidity and price stability.

The combination of these two elements can help attract bigger players like hedge funds and asset managers to the digital asset. This shift in sentiment also points to the broader transformation of crypto into regulated financial products.

If approved, it would mark a turning point not just for Ripple, but for altcoins in general entering ETF territory. If market predictions are right, traders may want to start planning now.

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The next few months could be critical for positioning ahead of what might be one of the year’s most important crypto events.

Meanwhile, it is worth noting that earlier this week, the U.S. SEC announced a 35-day delay in its decision to approve or disapprove the spot XRP filing proposed by top asset manager Franklin Templeton. Instead, it opened a comment period for this ETF and the proposed spot Solana ETF from the same firm.

While there’s still a delay in approving the spot XRP ETF in the U.S., the 3iQ XRP ETF was launched on the Toronto Stock Exchange on Wednesday.

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June 20, 2025 0 comments

Crypto Trends

Solana ETF Approval Odds Hit 76%, Upside for SOL?

by admin June 17, 2025

Among the different cryptocurrency assets awaiting regulatory approval for an exchange-traded fund (ETF) is Solana (SOL). According to Polymarket data, the odds of the Securities and Exchange Commission (SEC) giving the nod to the SOL ETF have risen to 76%.

Solana ETF buzz builds as approval odds climb

Notably, in an update shared by SolanaFloor on X, Polymarket predicted that the regulatory body has a 76% chance of approving the several S-1 application filings before it by July 31. The increasing odds of approval signal growing confidence among investors in the space.

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In the past 24 hours, confidence in an approval surged by 13%, climbing from 63% to 76%. This development suggests market sentiment is bullish, so that a Solana ETF could be approved soon.

It is necessary to clarify that Polymarket prediction does not guarantee outcomes; rather, it reflects the ecosystem’s anticipation of this pending ETF application.

Over five asset managers, including Fidelity Investments, Franklin Templeton, 21Shares, Canary Capital and Bitwise, have submitted their S-1 filings to the SEC. However, the regulatory commission has not responded to them.

Interestingly, Solana and XRP are among the leading pending applications for ETF products before the SEC.

Will SOL price react to ETF catalyst?

Meanwhile, in February 2025, the SEC acknowledged Canary Capital’s SOL ETF filing. The acknowledgement came a few days after the regulatory body confirmed receipt of the application filed by Grayscale Investment.

Despite the lingering delays from the SEC, Nate Geraci, president of the ETF store in December 2024, predicted that Solana stands a great chance of approval in 2025. Geraci believes the stakes are high for a couple of crypto-related ETFs, and Solana could be one of those approved.

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Although acknowledgement does not equal approval, it remains significant as it indicates that the SEC might soon begin reviewing the applications before it.

Despite the Polymarket predictions, Solana’s price has not been positively impacted. SOL currently exchanges at $149.86, representing a 4.43% decline in the last 24 hours.

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June 17, 2025 0 comments

NFT Gaming

Polymarket Odds on U.S. Military Action Against Iran Slide as Trump Team Proposes Tehran Talks

by admin June 17, 2025

Traders on decentralized betting platform Polymarket have scaled back expectations for U.S. military action against Iran amid reports that President Donald Trump’s team is looking to mend fences.

As of writing, probability that U.S. will strike Iran by June 30 stood at 46%, down sharply from the overnight high of 66.9%, according to trading in the Polymarket-listed contract “U.S. military action against Iran before July.”

The decline follows a report from Axios that the U.S. is mulling a meeting this week between U.S. envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi. The meeting will be aimed at exploring a diplomatic initiative involving a nuclear deal and an end of the Israel-Iran conflict.

Yet one Polymarket user said that “Trump should join the fray: his troops need the experience in postpostmodern warfare,” calling for a military action against Iran.

On Friday, Israel launched coordinated airstrikes and drone attacks on multiple sites across on Iranian military and nuclear facilities, leading to retaliatory action by Tehran.

Bitcoin initially fell in a knee-jerk reaction to $102,750 alongside risk aversion in traditional markets, characterized by an uptick in the anti-risk Japanese yen and weakness in the U.S. stocks.

BTC, however, has stabilized since then, with prices recovering to trade at $106,700 at press time. However, futures tied to the S&P 500 traded 0.7% lower.

Note that the Trump administration is yet to official comment on the Axios report. In a late Monday post on Truth Social, Trump reiterated that Iran cannot have a nuclear weapon, calling for immediate evacuation of Tehran.

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June 17, 2025 0 comments

GameFi Guides

Polymarket Odds on US Strike Against Iran Spike, Then Fall

by admin June 17, 2025

In brief

Polymarket odds for a U.S. strike on Iran peaked at 67% amid rising tensions in the Middle East.
The surge followed Israeli airstrikes and increased U.S. military presence, but has since fallen to 50%.
The shift reflects growing uncertainty among speculators over the likelihood of conflict.

As tensions between Israel and Iran escalate, gamblers on Polymarket are betting heavily that the U.S. will carry out military action against Iran before the end of June.

On Monday, the odds that the U.S. will strike Iran before July reached 67%.

The surge in betting comes amid heightened tensions in the Middle East.

On Thursday, after Israel launched airstrikes and drone attacks against Iran, Bitcoin dropped 4% to $103,556 from a 24-hour high of $108,500.

Although no official confirmation or public military directive from the Trump administration has been issued, the Polymarket odds for U.S. action against Iran rose 32% from 35% on March 31, when the market opened, to 67% by June 16.

“Trump said that Iran cannot have a nuclear weapon. Iran has one nuclear facility only U.S. bombers can reach,” one yes voter wrote. “The U.S. has sent fighter jets and ships to the Middle East. And people on here are betting for an attack not to happen? Seriously, this has to be the most irrational group of market participants on the planet.”

While prediction markets do not guarantee outcomes, they are often viewed as a real-time aggregation of public sentiment and informed speculation. In this case, traders respond to geopolitical developments, military positioning, or shifts in diplomatic rhetoric.

“The promise of prediction markets is to harness the wisdom of the crowd to create accurate, unbiased forecasts for the most important events to society,” Polymarket said in a statement on the poll.

“That ability is particularly invaluable in gut-wrenching times like today. After discussing with those directly affected by the attacks, who had dozens of questions, we realized that prediction markets could give them the answers they needed in ways TV news and Twitter could not,” it added.

Polymarket’s “yes” probability has dropped from its 67% peak to 50%—a roughly 17-point decline from its high.

“Be kind and ask a yes holder how their day was,” a no voter wrote.

Whether the yes gamblers are proven to be right remains to be seen. But for now, Polymarket is signaling a clear message: many bettors believe time is running out to avoid a confrontation.

Edited by Sebastian Sinclair

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June 17, 2025 0 comments

Crypto Trends

Litecoin price forms bullish flag as LTC ETF odds jumps

by admin June 15, 2025

Litecoin has pulled back in the past month, erasing its gains after bottoming in April.

Litecoin (LTC) was trading at $85.98 on Sunday, down by almost 20% from its highest point in May. This pullback has mirrored that of other altcoins like Cardano (ADA) and Chainlink (LINK).

Litecoin has pulled back despite data showing that the odds of the Securities and Exchange Commission approving a LTC ETF have jumped to 76%.

The probability that the agency will approve the ETF is high because it is a proof-of-work cryptocurrency like Bitcoin (BTC). Its main difference from Bitcoin is its supply limit of 84 million coins, compared to Bitcoin’s 21 million.

Therefore, since the SEC has already approved Bitcoin ETFs, there is a good chance it will do the same for Litecoin. An LTC ETF approval would be good for the coin since it would likely lead to more inflows from American investors.

Another potential catalyst for LTC price is that whales have continued accumulating it. Santiment data shows that the accounts holding between 100,000 and 1 million tokens have increased their holdings from 25.8 million on April 15 to 27.8 million today.

Further data shows that Litecoin’s social dominance has pointed upwards in the past few days, a sign that it is attracting attention from social media users. It rose to 0.734% from 0.512%.

LTC whales and social dominance | Source: Santiment

Litecoin price technical analysis

LTC price chart | Source: crypto.news

The daily chart shows that the LTC price dropped to $63.30 in April and then bounced back to $106.72 as the crypto market rally happened.

Recently, however, it has pulled back and moved below the 50-day and 200-day Exponential Moving Averages. Falling below that level is a sign that bears have prevailed.

Litecoin price has formed a bullish flag chart pattern, a popular continuation sign. This pattern comprises of a vertical line, which in this case starts at $63.29 and ends at $106.72. It is now forming the flag section in the form of a descending channel.

Therefore, Litecoin price will likely rebound, and initially target the resistance at $106.7, which is up by 25% from the current level. A climb above that resistance will point to more gains, potentially to $140, the highest swing in January and February this year.

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June 15, 2025 0 comments

Crypto Trends

Tron to Dethrone Dogecoin? Here Are Odds

by admin June 13, 2025

Tron (TRX), like most assets on the cryptocurrency market, is experiencing volatility, and its price has dipped by over 2% in the last 24 hours. Despite fluctuations, the broader market could see TRX flipping Dogecoin (DOGE), the king of meme coins, in the capitalization ranking.

Tron narrows market cap gap to $580 million

According to CoinMarketCap data, as of press time, Tron ranks ninth with a market cap of $25.64 billion. Dogecoin occupies the eighth position with a market cap of $26.22 billion. This leaves a difference of about $580 million between the two assets.

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Notably, both Tron and Dogecoin are witnessing bearish market volatility. Tron is changing hands at $0.2703, representing a 2.12% decline in the last 24 hours. Additionally, investors have temporarily pulled back as trading volume plunged by 25.12% to $799.15 million.

However, the community remains bullish. Tron is dominating the stablecoin market with about 99.25% USDT value, which puts it ahead of Ethereum in DeFi efficiency. This is helping to fuel the likelihood it will flip DOGE as the meme coin’s sell-off is steeper.

Furthermore, a recent analysis of the ecosystem revealed that 98% of Tron addresses were in profit, sparking bullish rally expectations. Some market participants expect TRX to post a new local high if it sustains a price increase.

If this scenario plays out and Tron climbs to breach the $0.30 resistance level, it could break out to flip its ATH of $0.4407, a figure less than 39% away. This could support it in dethroning Dogecoin in the market cap ranking, as it did to Cardano in May.

Could DOGE-BTC correlation fuel its resilience?

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However, this prediction assumes that Dogecoin will remain bearish, which is unlikely. Notably, DOGE has shown a correlation with Bitcoin (BTC) regarding price movement, and any uptick in BTC could serve as a rebound catalyst.

DOGE is likely to be pumped up by social media hype, delaying Tron’s quest to climb the market capitalization ranking ladder. The price movement of both assets in the coming days will reveal which asset has an edge.

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June 13, 2025 0 comments