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.
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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 $BMT
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$DOGE In the context of a major bull market, different institutions and analysts have the following predictions for the price of Dogecoin:
- Golden Finance: Predicts that if 2025 sees the peak of a bull market and practical use cases such as X payment and NFTs are implemented, the price of Dogecoin could range from $0.35 to $0.70.
- CoinPedia: States that if trading volume increases, the price of Dogecoin is expected to soar to $1.07 by the end of 2025.
- Chain Technology: Based on the judgment of the bull market, it believes Dogecoin can break through its historical high, reaching between $1.8 and $2.
- DOGECAPITAL: This crypto analyst has given an extremely optimistic prediction, believing that a parabolic rise will occur in the third phase of the meme coin bull market, with the price of Dogecoin potentially reaching $90, and a minimum target of $26.
The cryptocurrency market is highly risky, and these predictions are for reference only and should not be considered as investment advice!
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How Chainbase Reshapes the Trust Foundation of the Web3 Ecosystem
In today's world where artificial intelligence is reconstructing the digital landscape, the lagging data infrastructure has become a key bottleneck restricting innovation. @Chainbase Official focuses on a decentralized hyperdata network, dedicated to providing high-speed, trusted, and cost-effective data layer solutions for AI-native applications. Through real-time indexing, cross-chain collaboration, and smart verification technologies, Chainbase is becoming the core engine driving the Web3 data economy. #chainbase
$C Tokens serve as the core economic medium of the ecosystem, far beyond just being a payment tool. It is a “pass” for data consumption, a “ballast” for network security, and a “voting right” for ecosystem governance. By deeply integrating staking, payment, and governance scenarios, $C transforms data value into programmable economic assets, promoting the maturity of the “DataFi” model. @Chainbase Official With a layered economic model and dynamic staking mechanisms, it ensures that token release synchronizes with network growth, safeguarding long-term value. #chainbase
In the face of governance costs and cross-chain complexities in multi-chain expansion, Chainbase breaks through with technological iteration: adaptive verification algorithms reduce long-tail chain costs by 40%, ZK cross-chain proofs enhance security tenfold, and edge node clusters compress response times to under 100ms. At the same time, through data NFT trading, APIaaS subscriptions, and ecosystem sharing models, it builds a diversified profit structure, achieving a leap from traffic dependence to value creation. #chainbase
In the future, Chainbase will further consolidate industry barriers through standardized output and integration with the AI ecosystem. Its collaborations with giants like OpenAI and AWS, along with the layout of a global node network, are driving decentralized data infrastructure from concept to scalable implementation. For developers, node operators, and long-term investors, participating in the Chainbase ecosystem is not only a technical practice but also a strategic investment in the future of the data economy.
Of course! The trend of celebrity MEMEs is a very interesting and core phenomenon in today's internet culture. It's not just entertainment; it's a whole new way for public figures to interact with the masses. Now I will comprehensively analyze this trend from several aspects: 1. What are Celebrity MEMEs? In simple terms, celebrity MEMEs refer to internet content created using the images, expressions, actions, or statements of celebrities (actors, singers, politicians, internet celebrities, etc.) through secondary creation (adding text, splicing, parodying, etc.), aimed at expressing specific emotions, viewpoints, or memes.