Cryptocurrency
Solo Miner Defies Odds After Mining Bitcoin Block Earning Over $330K

A solo Bitcoin miner has successfully validated a block on the Bitcoin network, earning a reward worth over $330,000.
Identified as Solo CK, the individual mined Bitcoin block #899826 on June 5 at 04:48:18 UTC.
$330K Mining Reward
On-chain data from mempool shows that the reward included the standard block subsidy and 0.026 BTC in transaction fees. This brought the miner’s total earnings to approximately $330,386 based on current market prices.
The block itself measured 1.66 megabytes in size and weighed 3.99 megawatt units (MWU). The hash for the successfully mined block was “000000…d1f8bb3,” with the transaction fees alone being worth around $2,761.
Independent Bitcoin mining success remains extremely rare due to the high computational power needed to validate a block. Most of such activities today are done by large-scale operations using warehouses filled with specialized mining equipment. Many of these operations are run by companies publicly listed on U.S. stock exchanges like Bit Digital, Riot Blockchain, and Marathon Digital.
As of June 5, data from YCharts reveals that the Bitcoin Network Hash Rate stands at 795.35M. This figure is down from 908.97M yesterday and up by over 40% one year ago. A higher hashrate means increased competition, greater energy demands, and longer verification and transaction times.
These conditions make it more difficult for individual miners to succeed without pooled resources. Additionally, Bitcoin mining becomes increasingly hard and energy-intensive over time, requiring greater resources to remain effective.
1 in 1.6 Million Odds
Experts estimate the odds of an independent miner successfully validating a block using their own hardware to be roughly 1 in 1.6 million. Statistically, this means a single individual would expect to solve one block every 31 years.
Despite the long odds, solo participants occasionally achieve success, as seen in the recent case of Solo CK. Several other individuals have also managed to mine a Bitcoin block on their own.
In February 2025, one such user mined Block 883,181, earning 3.158 BTC worth $310,000 at the time. On April 29, 2024, another solo operator validated Block 841,286 and received the full 3.125 BTC reward worth approximately $200,000. In July of the same year, a BitAXE device with a hashrate of just 500 gigahashes per second (Gh/s) successfully mined Block 853,742, securing a Bitcoin reward of $206,000.
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Cryptocurrency
FIFA Rivals Brings Iconic Football Brand adidas into Its Universe with Exclusive In-Game Content

[PRESS RELEASE – Los Angeles, California, June 6th, 2025]
adidas is entering the world of FIFA Rivals with a series of digital products, features, and in-game content. The multi-year licensing agreement kicks off with the worldwide launch of FIFA Rivals on June 12th, the new officially licensed, arcade-style mobile football game from FIFA and Mythical Games.
The adidas brand and products will be featured across FIFA Rivals, providing players with access to exclusive digital items, including kits, jerseys, and shoe releases inspired by the brand’s rich football heritage.
“FIFA Rivals is all about celebrating the global passion for football in a fresh and modern way,” said John Linden, CEO and co-founder of Mythical Games. “Bringing adidas into this world gives players a deeper cultural connection and the chance to represent one of the most iconic brands in football – on and off the pitch. This collaboration sets a new standard for how brands show up in digital experiences.”
A New Era of Football Gaming
FIFA Rivals offers a bold new take on mobile football—combining FIFA authenticity with lightning-fast, arcade-style gameplay. Players can build their dream team from the world’s biggest clubs and stars, compete in real-time PvP, and trade digital player cards on the Mythical Marketplace. As part of this collaboration, fans and FIFA Rivals players can unlock a range of digital items to outfit their teams in true three-stripe style, including:
● Digital Kit Drops featuring classic and future-forward adidas jersey designs
● Boot Releases tied to real-world player performance and adidas drops
● A limited-edition match ball designed for FIFA Rivals gameplay
● A fully immersive adidas Training Facility, where players can level up player cards and complete challenges
The collaboration also includes limited-time in-game events, challenges, and rewards tied to adidas’ most celebrated football gear and apparel drops, bringing a deeper layer of real-world connection to the digital pitch, and includes cover-athlete rights and cross-promotional campaigns.
FIFA Rivals: The Future of Football, Powered by Mythical
Following a successful beta in key markets, FIFA Rivals is launching globally next week on the App Store and Google Play Store. Built for both core football fans and mobile gamers, FIFA Rivals is a high-octane arcade-style game that allows anyone to jump into the action instantly, build their dream squads, compete in real-time PvP matches, and trade player cards—represented as digital collectibles—on the Mythical Marketplace.
Backed by Mythical’s platform and Marketplace, FIFA Rivals gives players full ownership of their in-game assets with the ability to buy, sell, and trade securely with others around the world.
FIFA Rivals is scheduled to launch globally on iOS and Android on June 12th. For updates and more information, visit fifa.rivals.game and join the community on X (@fifarivals).
About adidas
adidas is a global leader in the sporting goods industry. Headquartered in Herzogenaurach/Germany, the company employs more than 62,000 people across the globe and generated sales of € 23.7 billion in 2024.
For more information, please visit www.adidas-Group.com.
About Mythical Games
Acknowledged by Fast Company’s World Changing Ideas 2021 and recently Forbes’ Best Startup Employers (2024), Mythical Games is a next-generation game company creating world-class games and empowering players to take ownership of their in-game assets through the use of blockchain technology. The team has helped develop major franchises, including Call of Duty, Call of Duty Mobile, World of Warcraft, Diablo, Overwatch, Magic: The Gathering, EA Madden, Harry Potter Hogwarts Mystery, Marvel Strike Force, Modern Warfare 3, and Skylanders. Mythical’s current games, Blankos Block Party and NFL Rivals, are already played by millions of consumers worldwide and create a new economy for players, allowing them to engage in a new way with games, but also directly trade and transact safely with other players worldwide.
The Mythical Marketplace, the first in-game blockchain Marketplace on iOS and Android, provides gamers with ownership and control over the purchase and sale of digital assets, while the Mythical Platform protects gamers that may be new to blockchain through a custodial wallet for their digital items.
Learn more: https://mythicalgames.com/
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Cryptocurrency
No Price Spike, But 22,500 BTC Quietly Left Exchanges in a Single Day

Bitcoin quietly continues to move off centralized exchanges, even as its price fails to mark any gains. On a single day in early June, roughly 22,500 BTC were withdrawn from trading platforms. This is a significant figure that suggests large holders are opting to secure their assets in private wallets rather than preparing them for sale.
Despite this major outflow, BTC’s price fell in the past 24 hours toward $100,000 but has managed to post a modest recovery and now sits around $103,500.
Signs of a Quiet Bullish Setup?
According to CryptoQuant’s latest analysis, such a pattern implies that these are not speculative trades by retail investors but deliberate accumulation by institutions such as ETF providers, custodians, or over-the-counter (OTC) desks.
These players typically operate under the radar, without the fanfare often seen with retail trading activity. The lack of a corresponding price spike may indicate that the market is in a consolidation phase, where long-term conviction is quietly building. Instead of being driven by hype or rapid momentum, the current trend seems to reflect strategic positioning and growing trust in Bitcoin’s long-term value proposition.
While immediate price action may appear stagnant, the continued drawdown of exchange reserves could potentially mean that supply-side pressure is easing. Historically, this kind of supply tightening has preceded major upward moves, although with a delay.
For now, the data points to accumulation, not distribution. CryptoQuant said that the situation should not be viewed as a lull, but as a potential setup for future price appreciation. As selling pressure diminishes, the groundwork may be forming for Bitcoin’s next leg up.
“There’s no reason to panic. This chart tells us that trust in Bitcoin is still strong. Maybe the price won’t explode right away. Maybe we’re just in a waiting phase. But as selling pressure fades, opportunities become clearer.”
Bitcoin May Struggle Through Summer Turbulence
While ETF flows continue to dominate investor attention, early signs that bullish momentum appears to be fading and deeper structural indicators suggest the market may be entering a period of consolidation, as per Matrixport’s insights.
Their models, which previously supported a bullish stance, now caution that the summer may bring increased uncertainty, particularly as key US economic indicators, such as the ISM Non-Manufacturing PMI, have fallen to their lowest levels since July 2024. This decline, coupled with a weaker manufacturing PMI, points to a broader economic slowdown that markets have yet to fully price in.
Further downside risks include the potential fallout from Trump’s tariff policies and the Fed’s hesitance to cut rates amidst lingering inflation fears. While Bitcoin’s trend model remains technically bullish above $96,719, the report noted that this support level is under threat.
With bond yields stagnant and the dollar showing weakness, Matrixport sees limited room for aggressive Fed intervention. As a result, the coming months may be defined more by caution than conviction, with Bitcoin likely to trade sideways unless macro conditions stabilize.
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Cryptocurrency
Ripple v. SEC Lawsuit: Why June 16 Is Such an Important Date?

TL;DR
Ripple and the SEC face a key deadline as the lawsuit drags on without resolution.
The battle’s outcome is unlikely to cause any substantial volatility for XRP as the price now hinges on potential ETF approvals and Ripple’s business expansions.
Ripple and the SEC Remain Silent
It has been almost three months since Ripple’s CEO, Brad Garlinghouse, dropped the bomb, stating that the US Securities and Exchange Commission (SEC) would dismiss its case against the company. Despite the numerous developments that have occurred since then, however, the lawsuit has yet to reach its official conclusion.
Earlier this week, the American attorney Fred Rispoli noted that “the status update in the 2nd Circuit looms large,” and Ripple and the SEC have not moved forward with the necessary refiling.
Recall that the two sides previously agreed that the company would pay a $50 million penalty for violating certain laws (instead of the previously ruled $125 million), which would mark the end of the legal battle. However, Judge Analisa Torres denied the motion, asserting that the parties failed to file it properly under Rule 60.
Rispoli said the deadline for that is June 16, expecting the entities to abide by the rules by then. In case they don’t, the lawyer believes the magistrates could restart the briefing process and push it for another 60 days. He described Torres’ ruling as “clear” and claimed that Ripple and the SEC “need to beg for forgiveness.”
“Ripple will say whatever to get it done, but how much public groveling is the SEC willing to do? And how much groveling will be authorized? We have 12 days to find out,” Rispoli concluded.
It is worth noting that the attorney provided the update on June 4, with no major progress on the Ripple v. SEC front since then.
Other industry participants who think the following days could be crucial for the case are Bill Morgan and the X user Levi. The former argued that something has to happen by June 16, or the appeal and cross-appeal will continue. For his part, Levi predicted that the date would mark the lawsuit’s official end.
Possible Impact for XRP?
The developments surrounding the case were among the main factors triggering substantial volatility for Ripple’s native token over the past several years. Since Garlinghouse’s announcement in March, though, the lawsuit has been largely priced into XRP’s valuation.
Looking ahead, future price movements for the asset may depend on elements such as the approval of XRP ETFs or Ripple’s further advancement and possible collaborations.
Nearly a dozen well-known companies have announced their intentions to introduce the first spot XRP exchange-traded fund in the USA, with Grayscale, 21Shares, WisdomTree, and Franklin Templeton being among the examples.
Such a product will give investors an additional option to gain exposure to the asset, with many analysts viewing the potential launch as a catalyst for a price rally. According to Polymarket, the odds of approval before the end of 2025 stand at approximately 94%.
Speaking of collaborations, it is worth mentioning that in April, Ripple acquired the prime broker Hidden Road for a whopping $1.25 billion. There was also rising speculation that the company was willing to purchase the stablecoin issuer Circle for more than $10 billion, but Garlinghouse recently rejected the rumors.
Meanwhile, XRP currently trades at around $2.15, representing a 12% decline over the past two weeks.
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