Flash News

TREE NEWS reports: The current Crypto Fear & Greed Index stands at 61, indicating a state of greed in the market. This metric suggests that investors are exhibiting optimistic sentiment towards cryptocurrencies.

TREE NEWS reports: BYD reported a 30% year-on-year increase in second-quarter net profit, marking the first growth in five quarters. The automaker’s improved earnings reflect robust sales and cost management amid intensifying competition in China’s EV market.

TREE NEWS update: Unimicron Technology, a major supplier to Nvidia, is under investigation for allegedly relabeling components of Chinese origin to conceal their true source. The probe highlights ongoing scrutiny of supply chain practices amid US-China tech tensions.

TREE NEWS reports: OpenAI is reportedly receiving warrants valued at approximately $5.5 billion from SB Energy, a subsidiary of SoftBank Group. This deal appears to be part of a broader strategic investment, potentially linked to AI infrastructure and energy projects.

TREE NEWS update: Hyperliquid’s permissionless HIP-4 deployment has kicked off with Outcome as the first builder, staking 500k HYPE (~$42M) as collateral, followed by Skew. Unit Labs, the team behind trade.xyz, is also preparing to enter, sparking a competition for prediction market dominance on Hyperliquid.

TREE NEWS update: The chairman of Alipay stated that cryptocurrencies have become one of the explored paths for AI payments as a payment medium. This reflects growing interest in integrating digital assets with AI-driven financial services.

TREE NEWS reports: The head of OpenAI Codex announced that the platform has reached 25 million active users and has reset paid subscription quotas. This move aims to enhance user experience and manage demand as usage grows.

TREE NEWS update: The Robinhood ecosystem token CLAN briefly exceeded a $9.5 million market cap, surging over 110% in 24 hours. This rapid price movement highlights speculative interest in tokens associated with the Robinhood platform.

TREE NEWS update: Bank of America reported that crypto funds saw $3.2 billion in inflows last week, indicating strong investor interest. This surge reflects growing institutional adoption and positive market sentiment.

TREE NEWS reports: Russia’s compliant cryptocurrency trading is projected to reach $46.43 billion in its first year, according to a report. This marks a significant step as the country formalizes its crypto market, potentially impacting global digital asset flows.

TREE NEWS reports: Bitget has introduced a new futures trading event themed around camping and stargazing, offering users opportunities to engage in contract trading with seasonal promotions. The campaign aims to attract traders with rewards and enhanced trading experiences.

TREE NEWS update: B.AI has achieved a cumulative token throughput exceeding 5.74 trillion tokens, marking a significant milestone for the AI×crypto platform. This achievement highlights the growing demand for decentralized AI compute and data processing.

TREE NEWS reports: Cronos blockchain was halted after a security exploit on the Tectonic lending protocol, with estimated losses of around $75 million. Crypto.com CEO Kris Marszalek assured that the company’s app and exchange were unaffected and continued operating normally.

TREE NEWS reports: Lu Lei, Deputy Governor of the People’s Bank of China, emphasized that the liability boundaries for intelligent agent payments cannot be blurred and announced plans to release a self-regulatory convention. This move aims to clarify responsibilities in AI-driven financial transactions, ensuring consumer protection and market stability.

TREE NEWS reports: Data shows that the GMGN hot sector ‘fone’ recorded a trading volume of $32.64 million. The figure highlights significant activity in this segment.

TREE NEWS update: Data shows that XRP spot ETFs recorded net inflows of $110 million last week, indicating growing institutional interest in the digital asset. This surge follows the recent approval of XRP ETFs, marking a significant milestone for crypto adoption.

TREE NEWS reports: A recent report reveals that approximately 67 million Americans hold cryptocurrencies, with California having the highest number of holders. The data underscores the widespread adoption of digital assets across the United States.