Flash News

TREE NEWS reports: A British man has successfully recovered bitcoins worth £3.3 million from a collapsed trading platform, marking a rare victory for users of failed crypto exchanges. The recovery highlights the ongoing challenges and occasional successes in retrieving assets from insolvent crypto firms.

TREE NEWS reports: Prediction market Kalshi has permanently banned former U.S. Representative George Santos for trading on the State of the Union address, marking its first such action. The move underscores the platform’s enforcement of its user conduct policies.

TREE NEWS update: Fogo’s mainnet has been halted for 46 hours following the theft of 400 million FOGO tokens, with no restart time announced. The incident highlights security vulnerabilities in blockchain networks, impacting user funds and network operations.

TREE NEWS reports: Strategy (formerly MicroStrategy) resumed buying bitcoin after a 10-week pause, spending nearly $370 million last week to rebalance its cash reserves. This marks a return to its aggressive accumulation strategy.

TREE NEWS update: Over the past 24 hours, the crypto market witnessed a massive liquidation event totaling $438 million, predominantly affecting long positions. This suggests a sharp market downturn or volatility spike, leading to forced selling of leveraged long traders.

TREE NEWS reports: Renowned trader Killa predicts Bitcoin will reach new all-time highs next year, emphasizing that the biggest mistake investors can make is staying on the sidelines. He urges market participants to remain engaged with the crypto market to capitalize on the anticipated rally.

TREE NEWS reports: WeChat Pay’s AI-exclusive card has integrated support for DeepSeek Harness and OpenClaw, expanding its AI ecosystem. This move enhances the card’s utility for AI-related transactions.

TREE NEWS update: The Fogo blockchain has been stopped for 46 hours, producing no blocks since Saturday, with no restart timeline provided. The Foundation’s last update remains the halt notice, and an impersonator account is circulating a fake compensation vote.

TREE NEWS reports: Strive bought 1,800 Bitcoin for $143M, lifting its total holdings to 23,156 BTC. This makes it the fifth-largest publicly traded corporate Bitcoin holder as the crypto market rebounds.

TREE NEWS reports: Bitcoin’s market sentiment has shifted from ‘extreme fear’ to ‘extreme greed’ after a two-month rebound, but the price has not yet stabilized above the 52-week moving average (~$81,700). According to the analyst’s quantitative criteria, both conditions for a bull market confirmation remain unmet, suggesting the current move is still a rebound. The analyst expects a period of consolidation before a potential push to new highs.

TREE NEWS update: Bitmine has increased its Ethereum holdings by 53,500 ETH, marking its largest weekly purchase since June. This move signals continued institutional interest in ETH as a strategic asset.

TREE NEWS reports: Tom Lee’s Bitmine acquired $131 million worth of Ethereum, boosting its holdings to 5.9 million ETH (4.9% of supply). The purchase marks the largest single ETH buy since June, with Lee citing strong Q3 performance for crypto.

TREE NEWS update: Russia’s largest bank estimates that regulated crypto exchanges could see over $46 billion in trading volume in the first year after legalization. The report suggests significant adoption of crypto trading through regulated platforms in Russia.

TREE NEWS update: CME Group has introduced a new cryptocurrency index that excludes Bitcoin and Ethereum, signaling a broader market focus beyond the two largest digital assets. This move provides investors with a diversified benchmark for the wider crypto market.

TREE NEWS reports: Data shows that Huang Licheng has turned from loss to profit, with his overall position value rising to $132 million. This marks a significant recovery in his crypto holdings.

TREE NEWS reports: Primus has secured an investment from YZi Labs and launched its Confidential Vault product on BNB Chain. The move aims to enhance privacy and security for on-chain data management, marking a step forward in the integration of confidential computing with blockchain.

TREE NEWS update: Balancer has alerted users of its deprecated V1 pools to withdraw liquidity, noting that these pools are non-pausable. The warning follows a ~$234,000 drain attributed by SlowMist to a fixed-point rounding flaw.

TREE NEWS reports: CME Group launched a new 10-asset crypto index that excludes Bitcoin and Ether, focusing on emerging alternatives. The free-float market-cap weighted index offers real-time pricing and settlement variants across London, New York, and Asia-Pacific time zones.