Weekly Crypto Recap – Robinhood x Bitstamp, Wynn Bitcoin Long, Trump NFTs

June 12, 2025

📰 Weekly Crypto Roundup – Big Acquisitions, Airdrop Claims & Market Movers

The crypto space never sleeps. While price charts remain in consolidation, major headlines continue to unfold across trading platforms, NFT markets, and macro policy. Let’s unpack the biggest developments of the week.

💥 Robinhood Acquires Bitstamp for $200 Million

Robinhood has acquired Bitstamp, a major global crypto exchange, for $200 million in cash. Bitstamp brings over 50 active licenses and a large institutional user base—marking a bold expansion for Robinhood into Europe, Asia, and beyond.

Bitstamp adds 5,000 institutional and 50,000 retail users
Integrated with Robinhood Legend & Smart Routing
$95M revenue over past 12 months; $65M in expected integration expenses

Earlier in May, Robinhood also acquired WonderFi (Canada) for $179 million. This signals aggressive growth across international markets.

🎯 Airdrop Claims and New Epochs

Here’s what’s live this week:

Reddio Airdrop: Claim window is open [Reddio Announcement]
Kamino Season 3 Claim + Season 4 Launch [Kamino Announcement]
Assisterr Airdrop: Now claimable [Assisterr Announcement]
Grass Epoch 8: Run 100+ uptime hours to qualify [Grass Guide]

Claim now, qualify early, and never miss rewards.

🧩 Moonbirds NFTs Acquired by Orange Cap Games

Orange Cap Games (OCG) has acquired the Moonbirds, Mythics, and Oddities NFT collections from Yuga Labs.

Yuga Labs will now focus on core brands: BAYC, MAYC, Otherside
Moonbirds still launching in Otherside metaverse
Assets will stay on Ethereum or ApeChain

Following the announcement, Moonbirds floor jumped to 0.9 ETH—a sharp move up, but still far from its 38.5 ETH peak in 2022.

💸 James Wynn: From HYPE to $99M Bitcoin Long

James Wynn sold 126,116 $HYPE tokens (~$4.13M), earning $1M profit in 1 month. He then:

Opened a $99.5M Bitcoin long at 40x leverage
Liquidation price: ~$104,580
Wynn previously lost $99M in similar trades, but is still widely followed

Hyperliquid, the platform where he traded, handled $1B+ volume during Wynn’s activity and just posted a $2.3M 30-day revenue ATH.

🇺🇸 Trump Meets Powell at the White House

Federal Reserve Chair Jerome Powell met with President Donald Trump this week.

The Fed confirmed no policy was discussed
Trump urged for rate cuts to remain competitive
Markets expect no rate changes until Q3 2025, but inflation/tariff issues may change that outlook

This was their first official meeting since Trump’s return to office.