TREE NEWS update: Eric Trump denies launching a new token, calling related news fraudulent. Vitalik Buterin publishes research on ‘local mixing’ as a novel cryptographic primitive. South Korea’s KRX plans to launch a new securities market on Nov 16, enabling trading of tokenized real-world assets like art and real estate.
TREE NEWS reports: The hacker group Cyberleek, behind GTA 6 leaks, launched a meme coin $CYBERLEEK before releasing the game footage, using the leaks as marketing. The token surged about 20x from its low, reaching a $29M market cap, with developers burning 27% of supply but still holding significant value. The incident highlights unconventional crypto marketing tied to major gaming leaks.
TREE NEWS reports: Axis Robotics, a Physical AI and robotics data infrastructure firm that raised $12M in seed funding, is set to launch its token generation event (TGE). It is the first project to partner with Kaito after its return, allocating 0.25% of total token supply to Kaito users, with the campaign ending on September 18.
TREE NEWS update: On Hyperliquid, whale positions currently total $7.158 billion with a long/short ratio of 0.94, indicating a slight bearish tilt among large traders. This data reflects current market sentiment on the platform.
TREE NEWS reports: Garrett Jin suggests that if the market continues to consolidate at the start of the week and Bitcoin dominance rises, he will turn more bullish. This indicates a potential shift in market sentiment favoring Bitcoin over altcoins. The analysis focuses on short-term market dynamics rather than a specific event.
TREE NEWS update: A crypto whale has accumulated 4,000 ETH over the past week, now holding an unrealized profit of $166,000. The address’s strategic buying highlights growing confidence in Ethereum’s near-term prospects.
TREE NEWS reports: Circle’s stablecoin issuance increased by $1.7 billion over the past seven days, while the Tron network saw its stablecoin supply grow by $950 million in the same period. This indicates continued expansion in the stablecoin market across major networks.
TREE NEWS update: Galaxy Research’s head of research stated that BIP-110’s node share peaked at around 20%, indicating that its hashrate share is far from sufficient. This suggests limited adoption and impact of the proposal.
TREE NEWS update: Solana has initiated on-chain voting for three core governance proposals, allowing token holders to participate in protocol decisions. The proposals aim to enhance network performance and ecosystem development. This marks a significant step in Solana’s decentralized governance process.
TREE NEWS reports: Phantom wallet will discontinue support for the Sui network on September 24, urging users to migrate or convert their assets beforehand. The move aligns with Phantom’s strategic focus on other chains.
TREE NEWS update: Tether’s CEO stated that developing countries are increasingly adopting USDT as a hedge against local currency devaluation. This trend highlights the growing use of stablecoins in emerging markets for financial stability.
TREE NEWS update: Abraxas Capital has established a $783 million short position while simultaneously purchasing spot to hedge, according to data. The move suggests a bearish outlook on the underlying asset, with the hedge aimed at mitigating risk. Details on the specific asset and strategy remain undisclosed.
TREE NEWS reports: The team address behind the TRUMP token sold 1.1 million tokens, receiving 2.94 million USDC at an average price of $2.68. This move indicates profit-taking by insiders, potentially affecting market sentiment.
TREE NEWS update: Strive CEO predicts the next Bitcoin cycle may be the strongest in history, citing dollar depreciation and AI-driven demand as structural tailwinds. The comments highlight growing institutional interest in Bitcoin as a hedge against fiat weakness and a beneficiary of AI-related energy and compute demand.
TREE NEWS reports: Arthur Hayes repurchased 1.9 million ETHFI tokens for about $1.17 million four hours ago. This move signals his ongoing interest in the Ethereum restaking ecosystem.
TREE NEWS update: Data shows that the number of Bitcoin holders in the US has reached 49.6 million, significantly exceeding the 28.8 million gold holders. This indicates a growing preference for Bitcoin over traditional safe-haven assets.
TREE NEWS reports: Ray Dalio warns of a potential US debt crisis within three years, while debt-related concerns fuel a 23% rally in Bitcoin, possibly signaling a new market cycle. The surge reflects growing investor interest in Bitcoin as a hedge against macroeconomic uncertainty.
TREE NEWS update: Cathie Wood criticizes Visa and Mastercard analysts for failing to understand Circle’s disruptive potential, noting its stock has risen 84% since its IPO. She highlights Circle’s role in the stablecoin market and its impact on traditional finance.
TREE NEWS update: Tether’s Bitcoin mining project in Uruguay has stalled due to a power contract dispute, with investments potentially reaching $120 million. The project’s future remains uncertain as negotiations continue.
TREE NEWS update: Bitcoin has surpassed the $78,000 mark, signaling strong bullish momentum in the cryptocurrency market. This price surge reflects growing investor confidence and market activity.
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