Cathie Wood’s Ark Invest has scaled back its exposure to Coinbase, selling over $52 million in company shares over two consecutive days last week.
The decision came as Coinbase stock soared to a new all-time high, driven by bullish sentiment and growing institutional interest in crypto-linked equities.
Coinbase Leads S&P in June but Ark Invest Reduces Exposure
Trading data indicates that Ark sold roughly $12.5 million worth of Coinbase shares on June 26, followed by a larger $40 million sale the next day. The stock rallied during that period, reaching an intraday high of $382 before closing the week at $353.
Here’s every move Cathie Wood and Ark Invest made in the stock market Friday 6/27 pic.twitter.com/AizcmRv5C5
Market analysts attribute this rally to multiple factors such as improved regulatory clarity and continued product expansion.
A major boost came last week when the US Senate passed the GENIUS stablecoin bill, which is now awaiting a vote in the House.
If enacted, the bill could bring long-awaited guidelines for the digital asset sector, potentially lifting investor confidence in crypto-focused firms.
Beyond favorable regulation, Coinbase’s rising momentum is also being fueled by upcoming product offerings.
Analysts at 10x Research highlighted the platform’s plans to launch US-regulated perpetual futures for Bitcoin and Ethereum on July 21. They also pointed to Coinbase’s strong ties with Circle and the growing use of USDC as catalysts for continued growth.
Coinbase COIN Stock Performance. Source: 10x Research
Moreover, Coinbase CEO Brian Armstrong also recently touted the firm’s institutional strength in an update on the social media platform X.
He noted that eight of the top ten publicly traded Bitcoin firms use Coinbase Prime. Additionally, $140 billion worth of crypto is held in US-based ETFs, with Coinbase custody responsible for 81% of that figure.
However, despite the strong momentum, some analysts urge caution. 10x Research warned that current valuation levels might be stretched in the short term.
“Our regression model indicates that Coinbase is overvalued….despite the strong uptrend,” the analysts stated.
TIME recently named the exchange one of its 100 Most Influential Companies of 2025. The firm cited its advocacy for clearer rules in the digital asset sector and noted its continued expansion plans.
“If industry-friendly bills are passed, Coinbase stands to become an even bigger hub for US crypto activity,” the report stated.
Microsoft’s incident response team has discovered a new remote access trojan (RAT) called StilachiRAT that poses a serious threat to cryptocurrency users.
StilachiRAT can collect system information, steal login credentials, and extract data from digital wallets. Although it has not yet spread widely, its potential impact worries the crypto community.
How Does StilachiRAT Threaten Crypto Investors?
StilachiRAT is more than just another malware—it represents an evolution in cyber threats targeting digital assets.
Microsoft reported on March 17 that once StilachiRAT infiltrates a system, it begins reconnaissance. It gathers details about the operating system, hardware identifiers, camera presence, and active Remote Desktop Protocol (RDP) sessions. Then, it focuses on stealing credentials stored in Chrome and data from the clipboard, where users often copy passwords or wallet keys.
This trojan specifically targets 20 cryptocurrency wallet extensions on Google Chrome. Some well-known wallets at risk include Metamask, Trust Wallet, Coinbase Wallet, TronLink, TokenPocket, BNB Chain Wallet, OKX Wallet, Sui Wallet, and Phantom.
“StilachiRAT targets a list of specific cryptocurrency wallet extensions for the Google Chrome browser. It accesses the settings in the following registry key and validates if any of the extensions are installed,” Microsoft warned.
Microsoft’s report highlights StilachiRAT’s advanced anti-forensic capabilities. It can delete event logs and assess system conditions to avoid detection.
To mitigate the threat, Microsoft advises users to download software only from official sources and avoid suspicious websites or attachments. Enabling real-time protection in Microsoft Defender and using browsers with SmartScreen can help block malicious sites.
Additionally, Microsoft recommends enabling multi-factor authentication (MFA) and regularly updating software to minimize risks.
“In some cases, remote access trojans (RATs) can masquerade as legitimate software or software updates. Always download software from the official website of the software developer or from reputable sources,” Microsoft advises.
According to Chainalysis’ 2025 Crypto Crime Trends report, illicit cryptocurrency transactions range from $40 billion to $50 billion annually. These funds are stolen through various methods, including ransomware and malware attacks.
Total Cryptocurrency Value Received by Illicit Addresses (2020 – 2024). Source: Chainalysis
Chainalysis estimates that the volume of illicit crypto transactions in 2024 could exceed $51 billion, with an average annual increase of 25% between reporting periods.
Choosing the right crypto exchange for trading today means more than just access — it’s about getting an edge. Traders want platforms that work harder for their capital: zero fees, tight spreads, real rewards, and fast execution. Flipster offers these features along with the option to trade and earn passive income simultaneously.
With USDT earning yield even while used for trading, Flipster helps users get more from every move. Add to that zero trading fees, competitive spreads, and access to over 360 trading pairs have made Flipster one of the fastest-growing platforms in the world.
In the past year alone, Flipster’s trading volume increased by 856% while total user assets grew by over 6,000%.
What is Flipster?
Flipster is a global crypto trading platform with millions of users in nearly 200 countries. Flipster combines zero-cost execution, tight spreads, and the ability to earn passive income while trading—giving users more ways to stay active, efficient, and in control.
Available on both desktop and mobile (iOS and Android), Flipster offers spot trading, perpetual futures, earn opportunities, social trading, and more— all of which will be explored in more detail below.
Platform Security
Before diving into the platform’s trading features, it’s important to consider Flipster’s security standards — which are set at a relatively high level. Key highlights include:
1:1 Backed Reserves Ratio: Flipster maintains full transparency regarding its exchange reserves. Users can verify this information through the regularly updated Proof of Reserves report.
ISO Certification: Flipster has successfully achieved ISO/IEC 27001 certification — the world’s most recognized standard for information security management, adding another layer of credibility to the platform.
Cold Storage Custody via Fireblocks: The exchange utilizes Fireblocks, a leading digital asset custody solution, to ensure secure cold storage of user funds.
User account security
Users can enhance the security of their accounts by enabling Advanced Login Protection, which includes options like Google Authenticator (2FA), SMS verification, email confirmation, or passkey-based login (including biometric authentication).
Core Features of Flipster
As Flipster primarily focuses on trading, let’s highlight its key strengths:
No Trading fees – Flipster is one of the few exchanges that charges zero trading fees on both spot and futures trading.
Trade and Earn Simultaneously – USDT funds can be used as margin for trading while simultaneously earning rewards with a competitive APR. Flipster is the only platform offering this across all assets, maximizing performance without sacrificing flexibility.
Spot Trading
Flipster provides zero-fee spot trading, allowing users to buy and sell crypto as frequently as they want without incurring any maker or taker fees. Currently, six trading pairs are available: BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, TRX/USDT, and TON/USDT.
The spot trading experience on Flipster is built around a simple, user-friendly interface, with a trading terminal that includes all the essential tools that create a seamless trading environment:
Market orders – Buying or selling crypto instantly at the best available market price.
Trigger orders – Specific price points can be set at which assets are automatically bought or sold.
Recurring buy orders – Crypto purchases can be scheduled at regular intervals to support automated, long-term investment strategies.
Perpetual Futures Trading
Flipster offers zero-fee perpetual futures trading and particularly stands out for being among the first to list trending altcoins, allowing users to start trading earlier than the broader market. Currently, there are over 360 trading pairs available, with new ones added regularly.
The platform supports leverage of up to 100x, enabling traders to engage in both medium-term strategies and also in short-term, intraday trading based on small price movements. It also provides all essential order types and supports both isolated and cross margin modes, giving users more control over their risk management.
Instant Flip
The Instant Flip feature allows traders to manage their positions more efficiently. With a single click, users can instantly reverse the direction of their open position (for example, from a long to a short) without manually closing and reopening a new trade with the same parameters.
Profit Boost
Flipster includes a unique feature called Profit Boost, allowing traders to temporarily amplify the profits of their open positions on perpetual futures. This option is currently available for BTC, ETH, SOL, and XRP pairs.
When activated, Profit Boost doubles the profit and loss (PnL) of the selected position for a limited time. Activation requires a premium fee, and importantly, if the PnL turns negative during the boost period, the loss remains unaffected — only the profits are multiplied.
Social Trading
Flipster also features a Social Trading section, where users can share and view each other’s trading performance and activity, with options to set notifications and subscribe to specific traders. This provides traders with a broader set of tools for market analysis, as users can also leave comments and share their positions directly within the trading platform.
Rewards Hub and User Bonuses
In addition to its advanced trading features, Flipster offers a wide range of products designed to engage users through marketing campaigns, bonuses, and passive income tools. The Rewards Hub section includes a welcome bonus of up to 150 USDT for new users who register and complete simple tasks. It also features ongoing community events where users can earn additional rewards directly from Flipster.
Flipster Earn Campaign
The Flipster Earn Campaign allows users to deposit USDT, ETH, or BTC and earn passive income with no lock-up period, offering the flexibility of instant withdrawals.
Initial annual yields include:
8% APR on USDT
5% APR on BTC and ETH
Additionally, users can boost their earnings up to 21% APR on USDT by reaching a trading volume of over 250,000 USDT within 15 days on Flipster. If users become a Flipster VIP, they can earn an additional 1% APR, bringing it to 22% APR.
As a bonus, Flipster’s limited-time APR Supercharge campaign, running from June 1 to 14, 2025, offers up to 122% APR on eligible USDT deposits, with stacked yields, zero trading fees, and full liquidity tailored for both active traders and yield-focused users.
Referral Bonuses
A referral system is provided by Flipster, allowing bonuses to be earned when new users join through a referral link. The following rewards can be received:
Deposit Bonus – Up to 4% of the invited user’s deposit may be awarded (3% for regular users, 4% for VIP users).
Trading Fee Bonus – An additional 0.002% of the referred user’s trading volume is credited.
VIP Program
Access to exclusive privileges is available through the VIP Program once one of the following criteria is met:
A trading volume of 3M USDT or more over any 5-day period
An average platform balance of 50,000 USDT, calculated over 24 hours
The following benefits are included in the VIP Program:
2,000 USDT daily prize pool is distributed based on USDT balance and trading volume
Trading rebates of 0.001% are calculated from weekly trading activity
Conversion USDT bonus to USDT at 1:1 ratio
Additional 1% APR is applied to participation in the Earn campaign, including a +1% APR boost on referees’ balances
Weekly competition called Master League rewards the top 10 VIP traders by PnL with 3,000 USDT
4x multiplier is used in Launchpool campaigns
Extra 0.002% bonus is applied to the trading volume of referees under the referral program
Affiliate Program
This program is a good fit for those with a large following on social media — such as a blog, channel, or crypto-focused project with a community. The Affiliate Program requires a simple application form to be submitted via the Flipster website, after which participants gain access to regular commission-based payouts.
The program includes a streamlined affiliate dashboard that provides detailed performance metrics such as trading volume, registrations, deposits, and more. Additional benefits include dedicated support from an account manager, as well as exclusive offers such as global event invitations and other promotional opportunities.
Educational Resources
Flipster provides a comprehensive set of educational materials to help users navigate the platform, available through detailed guides in the Support section. These resources cover not only how to use Flipster’s features but also explain how the tools themselves work, making them especially useful for beginners. In addition, users can access a crypto glossary and a regularly updated blog featuring news, platform announcements, and user-focused campaigns.
How to Deposit Crypto on Flipster
To unlock full access to Flipster’s features, users must first complete the registration process and pass KYC verification.
As a bonus, new users can earn up to 150 USDT through the Reward Hub by completing simple tasks such as verifying their account, making a deposit, placing a first trade, and reaching certain trading volume milestones.
Currently, Flipster supports only on-chain deposits. To make a deposit, navigate to the “Asset” page, choose the asset and network, and copy your wallet address. Flipster does not charge any deposit fees, only standard network fees apply.
How to Trade on Flipster
To make your first trade on Flipster, go to the ‘Trade’ page and select either Spot or Perpetual trading. Then, choose the asset you want to trade and open a position using a market or limit order.
Conclusion: Final Thoughts on Flipster
Flipster creates a convenient and multifunctional environment for traders, allowing them to trade with zero fees and lower spreads, earn passive income, and participate in various campaigns—all simultaneously. The platform maintains a hack-free record and applies strong security measures to protect both the platform and user accounts. This overview introduced one of the fastest-growing cryptocurrency exchanges, with a continuously expanding set of tools for traders.
To learn more about Flipster, check the official links below:
Elon Musk, the billionaire entrepreneur and Tesla CEO, has long been a kingmaker in meme coins. His endorsements have historically sent tokens like Dogecoin (DOGE) soaring. However, his latest “Gorklon Rust” stunt has sparked a rally that, while notable, pales compared to past frenzies.
With GORK’s inability to reach $100 million market cap, market watchers are raising questions: Is Musk’s influence over meme coins waning in 2025?
Musk’s Meme Coin Influence Isn’t What It Used to Be, Analysts Claim
On May 4, Musk’s shift to “Gorklon Rust” and a GORK-themed profile picture on X ignited a surge in the Solana (SOL)-based GORK meme coin. Despite this, it could not reach a $100 million market capitalization.
“Pretty wild that not even Elon Musk changing his pfp has a significant impact anymore. GORK went from $45 million to $75 million market cap, and now back to $65 million,” an analyst wrote.
Many others shared a similar sentiment, highlighting the fading influence of Musk’s antics.
“State of alt liquidity: Elon Musk, with 200 million followers, shills a meme — barely pushing it over $50 million,” analyst Him added.
This isn’t a one-off incident. In February 2025, Musk’s brief Harry Bōlz rebrand drove the HARRYBOLZ token to a market cap of just $9.5 million. Moreover, in December 2024, when Musk endorsed “Kekius Maximus” as a username, KEKIUS’ market cap reached slightly over $88 million.
“Elon is literally the single most powerful player in the world today when it comes to starting meme coin movements. He has inspired/fueled the biggest meme coin movements in the world today mostly through a few tweets: doge, shiba inu, floki, etc,” a user posted in September 2024.
However, recent data tells a different story. The disparity suggests Musk’s influence is less scalable. While he can still spark short-term pumps for smaller tokens, pushing meme coins to $100 million or beyond appears increasingly out of reach.
“Notice how Elon Musk used to move billions in market cap with a single tweet, and now him even changing his pfp can’t even add $50 million to already super low trading meme coins. It means that people are really getting tired and moving on from chasing the next meme coin,” analyst Ajay Kashyap said.
That’s not all. Even when Musk does spark a rally, the gains are fleeting. GORK’s rapid rise and fall is a case in point. Its market cap has plunged to just $35 million at press time, according to CoinGecko data.
“Either this still has time to run, or Musk doesn’t quite have the same effect on the Meme coin market like DOGE in 2021,” another analyst stated.
Meanwhile, a market watcher stressed that Elon Musk’s impact on the cryptocurrency market, particularly with meme coins, is unlikely to be as significant as it was in the past.
He noted that the conditions when Musk’s influence peaked differ greatly from the current market. The cryptocurrency space has seen a surge in the number of meme coins, and as a result, the money has been spread across numerous assets, diluting the potential impact of Musk’s endorsements.
These knockoffs dilute the original token’s performance by splitting investor capital and sowing confusion. This trend also harms perception, as copycats often turn out to be pump-and-dumps. The proliferation of fakes further undermines trust in Musk-driven tokens, capping their potential.
Thus, while Musk retains the ability to generate some market interest, the era of him single-handedly propelling meme coins to extraordinary valuations may well be behind us.
