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Stay up to date on the latest crypto trends with our expert, in-depth coverage.

Cathie Wood hails FHFA proposal to include crypto in mortgage rules
Cathie Wood hails FHFA proposal to include crypto in mortgage rules

Share link:In this post: Cathie Wood praised the FHFA’s proposal to include crypto in mortgage qualification. The plan would let crypto holders use digital assets to secure home loans without selling them. It could lead to crypto-backed mortgage products and greater financial system integration.

Cryptopolitan·2025/06/29 11:41
Peter Schiff warns Trump’s Bitcoin strategy could trigger dollar collapse
Peter Schiff warns Trump’s Bitcoin strategy could trigger dollar collapse

Share link:In this post: Peter Schiff says Trump’s support for Bitcoin could hurt the US dollar. Trump believes Bitcoin is good for jobs and the economy. Trump and some US states are building large Bitcoin reserves.

Cryptopolitan·2025/06/29 11:41
Flash
  • 02:50
    Data: Four major addresses suspected of jointly sniping XPL hedging orders, earning $46.1 million in profit
    Jinse Finance reported that, according to on-chain analyst Ai Aunt (@ai 9684xtpa), four major addresses participated in a sniping operation targeting $XPL hedged short positions, with cumulative profits reaching as high as $46.1 million. The leading address 0xb9c...6801e began accumulating long positions multiple times since August 24, and at 05:35 (UTC+8) today, made a large purchase, sweeping the entire order book and earning $16 million in just one minute. The other three cooperating addresses began closing positions for profit when the XPL price reached a short-term peak. Analysis shows that two of the addresses share the same source of funds, and the margin for all three main addresses was obtained via debridge cross-chain transactions, with similar operating habits, indicating coordinated action.
  • 02:49
    A certain whale created a new wallet and spent 248 ETH to purchase 6.95 million Block tokens 6 hours ago.
    According to Jinse Finance, monitored by Lookonchain, with 5 days remaining until WLFI goes live, this whale created a new wallet "0x8C43" and spent 248 ETH (worth $1.12 million) 6 hours ago to purchase 6.95 million $Block.
  • 02:27
    Data: Several whales profited nearly $38 million from XPL price movements in just one hour; a user from the "qwatio hunting squad" still lost $2.5 million despite using a 10% hedging strategy.
    ChainCatcher news, according to monitoring by Lookonchain, by heavily going long on XPL and pushing the price up to $1.8, a 200% increase, three whale wallets liquidated other traders' positions within less than an hour and earned nearly $38 million in profit. This morning at 5:35, a certain wallet address went long with millions of XPL on Hyperliquid, sweeping the entire order book and squeezing out all short positions. Afterwards, the trader began to close part of their long positions, earning $16 million in just one minute. Meanwhile, the whale hunting squad representative @Cbb0fe, who previously targeted insider @qwatio, stated that during this XPL liquidation event, they performed a 10% hedging operation on their XPL token assets on the HyperliquidX platform, using 1x leverage to short and providing a large amount of collateral for protection, but still suffered a $2.5 million loss. The user stated, "I will never touch this kind of isolated market again."
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