{"id":4440,"date":"2025-06-29T20:33:43","date_gmt":"2025-06-29T20:33:43","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-treasuries-buterin-talks-digital-ids-and-robinhood-launches-micro-crypto-futures-weekly-recap\/"},"modified":"2025-06-29T20:33:48","modified_gmt":"2025-06-29T20:33:48","slug":"bitcoin-treasuries-buterin-talks-digital-ids-and-robinhood-launches-micro-crypto-futures-weekly-recap","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-treasuries-buterin-talks-digital-ids-and-robinhood-launches-micro-crypto-futures-weekly-recap\/","title":{"rendered":"Bitcoin treasuries, Buterin talks digital IDs and Robinhood launches micro crypto futures | Weekly Recap"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The latest weekly recap includes a flurry of major developments, from Vitalik Buterin\u2019s critique of Worldcoin\u2019s digital identity ambitions to the final curtain in the Ripple-SEC legal drama. Robinhood made waves by introducing micro crypto futures, while state governments and treasury firms continued doubling down on Bitcoin. <\/p>\n<p class=\"is-style-default\">With regulatory shifts, tech upgrades, and institutional plays unfolding simultaneously, the crypto landscape is evolving faster than ever. Here\u2019s your roundup of the biggest stories you need to know.<\/p>\n<h3 class=\"wp-block-heading\">Buterin raises concerns about World\u2019s digital identity approach<\/h3>\n<ul class=\"wp-block-list\">\n<li>Ethereum (ETH) co-founder Vitalik Buterin published a Saturday <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/vitalik.eth.limo\/general\/2025\/06\/28\/zkid.html\" target=\"_blank\" rel=\"nofollow\">post<\/a> expressing reservations about digital identity projects like World, which claims to have over 13 million \u201cunique humans\u201d as verified users.<\/li>\n<li>Buterin specifically discussed risks and rewards of digital ID projects utilizing zero-knowledge proofs. He argued that platforms like Sam Altman-backed World could eliminate the pseudonymity that many internet users, particularly in cryptocurrency, value.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Ripple and SEC conclude long-running legal battle<\/h3>\n<ul class=\"wp-block-list\">\n<li>Ripple CEO Brad Garlinghouse revealed that the business will withdraw its cross-appeal, while the SEC is expected to withdraw its appeal as previously indicated.<\/li>\n<li>Garlinghouse stated on X that Ripple is \u201cclosing this chapter once and for all, and focusing on what\u2019s most important \u2013 building the Internet of Value.\u201d<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Robinhood launches micro cryptocurrency futures<\/h3>\n<ul class=\"wp-block-list\">\n<li>The digital brokerage <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/RobinhoodApp\/status\/1938583652105150800\" target=\"_blank\" rel=\"nofollow\">added<\/a> micro XRP (XRP) and Solana (SOL) futures to its platform Friday.<\/li>\n<li>The company also introduced a micro version of its existing Bitcoin (BTC) futures offering, providing smaller position sizes for retail investors.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Bakkt files for $1 billion securities offering<\/h3>\n<ul class=\"wp-block-list\">\n<li>Digital asset platform Bakkt Holdings notified the SEC of plans to sell up to $1 billion in securities to provide capital for potential Bitcoin treasury expansion.<\/li>\n<li>Thursday\u2019s S-3 filing creates a flexible pool of securities including common stock, preferred stock, debt securities, warrants, and bundled stock units that can be utilized when market conditions become favorable.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Metaplanet makes third-largest Bitcoin purchase<\/h3>\n<ul class=\"wp-block-list\">\n<li>The Japan-based Bitcoin treasury firm acquired an additional 1,234 Bitcoin worth nearly $132 million.<\/li>\n<li>The company paid 15,617,281 yen per token, approximately $108,129 at current exchange rates.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Kraken expands with payments app and EU license<\/h3>\n<ul class=\"wp-block-list\">\n<li>The San Francisco-based exchange launched Krak on Thursday, a peer-to-peer payments app competing with CashApp and Venmo.<\/li>\n<li>Separately, Kraken received authorization to operate in Ireland under the EU\u2019s Markets in Crypto Assets (MiCA) regulation.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">SoFi announces return to cryptocurrency trading<\/h3>\n<ul class=\"wp-block-list\">\n<li>The San Francisco-based financial services company revealed Wednesday it will resume offering cryptocurrency trading and custody services later this year.<\/li>\n<li>Users will be able to trade and hold popular cryptocurrencies including Bitcoin and Ethereum through SoFi\u2019s platform.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">RippleX releases major network upgrade<\/h3>\n<ul class=\"wp-block-list\">\n<li>The XRP Ledger development team has launched version 2.5.0 of \u201crippled,\u201d the network\u2019s reference implementation.<\/li>\n<li>The new amendments are currently available for voting via the XRP Ledger\u2019s amendment procedure, which requires two weeks of support from more than 80% of trustworthy validators for protocol changes.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">SharpLink Gaming continues Ethereum accumulation<\/h3>\n<ul class=\"wp-block-list\">\n<li>The Minnesota-based affiliate marketing firm conducted its second ETH purchase between June 16-20, acquiring 12,207 ETH for approximately $30.7 million.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Ledger secures first professional sports sponsorship<\/h3>\n<ul class=\"wp-block-list\">\n<li>Ledger has entered a multi-year agreement with the San Antonio Spurs, marking its first professional sports uniform sponsorship deal.<\/li>\n<li>Ledger\u2019s logo patch will appear on the team\u2019s jersey starting this week during the NBA Draft.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Pompliano\u2019s Procap acquires initial Bitcoin holdings<\/h3>\n<ul class=\"wp-block-list\">\n<li>Anthony Pompliano\u2019s newly revealed Bitcoin treasury company Procap has purchased its first 3,724 BTC at a time-weighted average price of $103,785 per coin.<\/li>\n<li>The acquisition was valued at approximately $385 million. The company aims to eventually accumulate $1 billion worth of Bitcoin.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Strategy adds modest Bitcoin purchase<\/h3>\n<ul class=\"wp-block-list\">\n<li>The largest publicly listed Bitcoin holding company acquired an additional 245 BTC for $26 million.<\/li>\n<li>This purchase brings Strategy\u2019s total holdings to 592,345 BTC.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Texas establishes state Bitcoin reserve<\/h3>\n<ul class=\"wp-block-list\">\n<li>Governor Greg Abbott signed Senate Bill 21 into law Friday, officially creating Texas\u2019s Strategic Bitcoin Reserve and making it the third U.S. state to establish such a program.<\/li>\n<li>The reserve is designed to serve as a \u201chedge against inflation and economic volatility,\u201d with the state comptroller authorized to buy, sell, hold, or manage investments within the reserve.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The latest weekly recap includes a flurry of major developments, from Vitalik Buterin\u2019s critique of Worldcoin\u2019s digital identity ambitions to the final curtain in the Ripple-SEC legal drama. Robinhood made&hellip;<\/p>\n","protected":false},"author":1,"featured_media":809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=4440"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4440\/revisions"}],"predecessor-version":[{"id":4441,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4440\/revisions\/4441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/809"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=4440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=4440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=4440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}