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Filipino Congressman Files Legislation to Establish National Bitcoin Reserve
Filipino Congressman Files Legislation to Establish National Bitcoin Reserve

Philippine lawmakers introduced new legislation to establish the National Bitcoin Reserve, with an aim to boost financial stability and match global trends.

Coinspeaker·2025/08/21 16:00
ETH Treasury Firm SharpLink Announces $1.5B Stock Buyback, SBET Share Jumps 5%
ETH Treasury Firm SharpLink Announces $1.5B Stock Buyback, SBET Share Jumps 5%

Nasdaq-listed ETH treasury firm SharpLink Gaming (SBET) announced a $1.5 billion stock repurchase program to optimize capital allocation.

Coinspeaker·2025/08/21 16:00
Ethereum hits fresh all-time high amid wider market rally after Fed Chair Powell hints at rate cut
Ethereum hits fresh all-time high amid wider market rally after Fed Chair Powell hints at rate cut

Quick Take The price of ETH, Ethereum’s native crypto, set its previous all-time high of around $4,878 in November 2021. The second-largest cryptocurrency has made a big run in 2025, up more than 40% in the year-to-date period.

The Block·2025/08/21 16:00
Cardano Whale Accumulation Rockets as ADA Price Plots Rebound To $0.9
Cardano Whale Accumulation Rockets as ADA Price Plots Rebound To $0.9

Whales have accumulated 150 million ADA within two weeks, raising several speculations in the market. ADA price is currently at a crucial support zone.

Coinspeaker·2025/08/21 16:00
Flash
  • 00:35
    Data: A certain whale continues to short BTC for profit, with funding fee earnings reaching $8.77 million
    According to ChainCatcher, on-chain analyst Ai Yi (@ai 9684xtpa) has monitored that a whale trader, who has shorted bitcoin four consecutive times since March 2025, has once again made a profit. The trader currently holds a short position of 1,231.98 BTC, valued at approximately $124 million, with an average entry price of $111,499.3. Although the trader increased their position several times between October 24 and 28, as the bitcoin price dropped on November 3, their position has returned to profitability. Notably, the trader has earned over $8.77 million solely from funding fees.
  • 00:35
    Since March, a whale has shorted BTC four consecutive times, with a floating profit of $12.99 million and an average opening price of $111,499.
    According to ChainCatcher, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that the "whale who has shorted BTC four times in a row since March" has once again made a floating profit of $12.99 million. During the period from October 24 to 28, this whale increased their short positions multiple times and currently holds 1,231.98 BTC short contracts, valued at $124 million, with an average opening price of $111,499.3.
  • 00:29
    Elixir announces the termination of deUSD synthetic stablecoin and promises 100% redemption
    ChainCatcher reported that the Elixir protocol has announced the termination of its deUSD synthetic stablecoin, a move triggered by a chain reaction following Stream Finance's suspension of withdrawals earlier this week. Stream Finance encountered difficulties after an external fund manager disclosed a loss of $93 million and currently owes Elixir over $68 million. Elixir has processed about 80% of deUSD holders' redemption requests and has taken a snapshot of the remaining holders, promising to fully redeem them with USDC at a 1:1 ratio. Currently, Stream Finance holds about 90% of the deUSD supply (approximately $75 million). Elixir is working with decentralized lending platforms such as Euler, Morpho, and Compound to liquidate Stream's positions and allocate funds to deUSD holders.
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