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Phala ($PHA) Eyes 701% Surge After Breakout
Phala ($PHA) Eyes 701% Surge After Breakout

Phala Network ($PHA) could rally 701% after confirming a breakout, aiming for the $1.0201 level.What Makes the $1.0201 Target Significant?Can This Rally Sustain Itself?

Coinomedia·2025/08/22 09:36
US Government Quietly Adds More Ethereum to Its Holdings
US Government Quietly Adds More Ethereum to Its Holdings

The U.S. government just added $332K in ETH, raising total Ethereum holdings to $254M.Ethereum: A Strategic Asset in Government HandsEthereum: Not Just for Traders AnymoreA Signal to the Market?

Coinomedia·2025/08/22 09:35
EU Eyes Ethereum or Solana for Digital Euro Rollout
EU Eyes Ethereum or Solana for Digital Euro Rollout

The EU is fast-tracking digital euro plans, eyeing Ethereum or Solana instead of private networks, per Financial Times.Public Blockchains Take the LeadWhy Ethereum and Solana?What This Means for the Crypto Industry

Coinomedia·2025/08/22 09:35
Flash
  • 11:24
    UBS Raises ZhongAn Online Target Price to HK$22.3 to Reflect Its Long-Term Stablecoin/Cryptocurrency Opportunities
    According to a report by Jinse Finance, UBS has released a research note stating that ZhongAn Online’s net profit after tax for the first half of the year increased elevenfold year-on-year to 668 million RMB, reaching 68% of the market’s full-year earnings forecast. The combined cost ratio improved by 2.3 percentage points compared to the same period last year, dropping to 95.6%, which may exceed market expectations. The banking business has moved out of loss, prompting UBS to raise ZhongAn Online’s target price from HKD 13.1 to HKD 22.3 to reflect long-term opportunities in stablecoins/cryptocurrencies, favorable stock market policies, and rolling valuations.
  • 11:01
    TRON Network Sees Surge in Liquidity: $6.95 Billion Transferred Between Major Wallets in 24 Hours
    According to a report by Jinse Finance, @cryptoquant_com has released a chart showing a surge in liquidity on the TRON network: in the past 24 hours, large wallets have transferred a total of $6.95 billion. "Wallets holding over $100 million accounted for nearly 80% of the total daily transfer volume—a significant increase from approximately 54% on June 22."
  • 11:01
    BlockFi $13.2 Million Class Action Settlement Nears Approval
    According to Jinse Finance, the $13.2 million BlockFi class action settlement is about to be approved, as the last objector, Yacov Baron, has withdrawn his opposition. The settlement will cover approximately 89,000 U.S. users who held BlockFi interest accounts between 2019 and 2022. BlockFi collapsed in 2022 due to a $680 million exposure to FTX, and this settlement provides a compensation channel for affected investors.
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