Latest news from the cryptocurrency world on August 22
Bitcoin mining company Core Scientific announces progress in debt restructuring: On August 22, American Bitcoin mining company Core Scientific announced that it has reached a debt restructuring agreement with its main creditors, planning to reduce approximately $1.7 billion in debt by issuing new equity and bonds. After the restructuring is completed, the company will receive approximately $500 million in new financing to support its mining operations and expansion plans. As a result of this news, the company's stock price rose by more than 12% after hours.
In the early days of blockchain development, users often had to install various browser plugins to connect wallets and applications, leading to a complex experience and ongoing security risks. It wasn't until @WalletConnect appeared that the industry had a true 'connection standard.' Through QR codes or deep links, #WalletConnect established an end-to-end encrypted channel, ensuring that users' private keys always remain local and are not exposed through connections.
Today, there are over 600 wallets and thousands of dApps integrated with this protocol, and @WalletConnect has gradually become the foundational infrastructure of Web3. With the launch of the $WCT token, this protocol has entered a new phase, providing incentives for nodes and users while forming a governance mechanism to ensure the long-term development of the entire network. In the future decentralized world, every on-chain interaction may be closely linked with #WalletConnect , and $WCT will become an important engine driving its ecological cycle.
🧧🧧🧧💰💰Who can tell me what's going on? Why is this happening? I really regret being out of the market! But I still want to send everyone red envelopes 🧧🧧$ETH #BNB创新高
🔴 BNB reaches $900 after holding the $845 line The Binance Coin (BNB) surged above $900 for the first time in history, proving its role as one of the best-performing digital assets in 2025. This rise came just days after the coin defended the support area between $845-$850, as buyers absorbed the dips and returned to BNB. 🔔The market capitalization is now over $118 billion, with daily trading volumes of $2.9 billion across major exchanges. Analysts indicate that the deep liquidity on Binance and other spot platforms allows traders to enter and exit positions without destabilizing the market - a sign of a healthy market structure. #BNBATH880 #HEMIBinanceTGE #BinanceHODLerPLUME $BNB
Summary of Macro News (Last 24 Hours): 1. [Federal Reserve Officials Speak | August 22, 22:10] Multiple officials suggest a 25bp rate cut in September, market risk appetite increases; 2. [CoinGlass | August 22, 20:50] BTC perpetual contract funding rate turns positive to +0.012%, bullish momentum strengthens; 3. [CryptoQuant | August 22, 18:40] Net outflow of BTC from exchanges is 12,300 coins, indicating funds are flowing back to cold wallets, selling pressure weakens; 4. [Bloomberg | August 22, 17:00] Several Wall Street institutions expect ETH spot ETF to be approved in September, which may boost overall cryptocurrency market sentiment.
Summary of Macro News (Last 24 Hours): 1. [Federal Reserve Officials Speak | August 22, 22:10] Multiple officials suggest a 25bp rate cut in September, market risk appetite increases; 2. [CoinGlass | August 22, 20:50] BTC perpetual contract funding rate turns positive to +0.012%, bullish momentum strengthens; 3. [CryptoQuant | August 22, 18:40] Net outflow of BTC from exchanges is 12,300 coins, indicating funds are flowing back to cold wallets, selling pressure weakens; 4. [Bloomberg | August 22, 17:00] Several Wall Street institutions expect ETH spot ETF to be approved in September, which may boost overall cryptocurrency market sentiment.
$ETH has reached a new all-time high of $4807.68, primarily driven by significant institutional investment, including spot ETH ETFs, and positive macroeconomic signals from the Federal Reserve suggesting rate cuts. 😉
Analysis of the Future Potential of Bubblemaps 🧐: From TON to Multi-chain, How Large Can Its "Transparent Map" Expand?
Bubblemaps has established a foothold in the TON ecosystem. With its unique bubble map algorithm, it transforms the chaotic flow of funds on the TON chain (such as memecoin holding distribution and interactions with Telegram's native application tokens) into intuitive graphics. Whether ordinary users are checking project risks or seasoned players are tracking fund movements, they can quickly get started. Currently, there are over 500,000 daily active addresses on TON, and Bubblemaps has almost become the standard tool for "checking on-chain data" within the ecosystem, accumulating core users and validating the feasibility of the "technology + scenario" model.
Expanding to multiple chains will open up its potential ceiling. The data complexity of mainstream public chains like Ethereum and Solana is higher: on Ethereum, DeFi protocols are nested, and cross-chain bridge fund flows are frequent, making it difficult for ordinary users to untangle the flow of funds. Solana generates "data noise" with thousands of transactions per second, making on-chain tracking challenging. Bubblemaps excels at "simplifying complexity" and can present the paths of large transfers on Ethereum and the financial games of Solana NFTs using mature visualization logic, accurately addressing the "transparency pain points" in the crypto market, potentially doubling the user base.
It also holds two "expansion trump cards": first, the community foundation; TON ecosystem users already have cross-chain investment needs. After the launch of multi-chain functionality, core users will become "seed users" who will spontaneously promote in the new chain community. Second, the BMT ecosystem; the token can not only be used for paid analysis and governance voting on TON but can also extend to cross-chain data subscriptions and node incentives after expanding to multiple chains, forming a positive cycle of "users using tools → relying on BMT for rights → willing to promote tools," with a replication efficiency far exceeding that of new projects.
Currently, the scale of on-chain assets has surpassed one trillion dollars. Regulatory anti-money laundering measures, investors avoiding pitfalls, and project teams attracting funds all require reliable on-chain analysis tools. If Bubblemaps can establish a foothold in multiple chains, it is expected to upgrade from a "single-chain tool" to an industry "on-chain intelligence infrastructure," potentially becoming the key entry point for seeing the flow of funds in the crypto world in the future. #Bubblemaps @Bubblemaps.io $BMT
Summary of Macro News (Last 24 Hours): 1. [Federal Reserve Officials Speak | August 22, 22:10] Multiple officials suggest a 25bp rate cut in September, market risk appetite increases; 2. [CoinGlass | August 22, 20:50] BTC perpetual contract funding rate turns positive to +0.012%, bullish momentum strengthens; 3. [CryptoQuant | August 22, 18:40] Net outflow of BTC from exchanges is 12,300 coins, indicating funds are flowing back to cold wallets, selling pressure weakens; 4. [Bloomberg | August 22, 17:00] Several Wall Street institutions expect ETH spot ETF to be approved in September, which may boost overall cryptocurrency market sentiment.
Summary of Macro News (Last 24 Hours): 1. [Federal Reserve Officials Speak | August 22, 22:10] Multiple officials suggest a 25bp rate cut in September, market risk appetite increases; 2. [CoinGlass | August 22, 20:50] BTC perpetual contract funding rate turns positive to +0.012%, bullish momentum strengthens; 3. [CryptoQuant | August 22, 18:40] Net outflow of BTC from exchanges is 12,300 coins, indicating funds are flowing back to cold wallets, selling pressure weakens; 4. [Bloomberg | August 22, 17:00] Several Wall Street institutions expect ETH spot ETF to be approved in September, which may boost overall cryptocurrency market sentiment.
Summary of Macro News (Last 24 Hours): 1. [Federal Reserve Officials Speak | August 22, 22:10] Multiple officials suggest a 25bp rate cut in September, market risk appetite increases; 2. [CoinGlass | August 22, 20:50] BTC perpetual contract funding rate turns positive to +0.012%, bullish momentum strengthens; 3. [CryptoQuant | August 22, 18:40] Net outflow of BTC from exchanges is 12,300 coins, indicating funds are flowing back to cold wallets, selling pressure weakens; 4. [Bloomberg | August 22, 17:00] Several Wall Street institutions expect ETH spot ETF to be approved in September, which may boost overall cryptocurrency market sentiment.