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Flash News

24/7 coverage of global Web3 & AI markets

Aug 23
05:35

The total market capitalization of altcoins surged by $215 billion in just three days, driven by signals from Trump’s policy that catalyzed capital inflows. This rally reflects renewed risk appetite in the crypto market amid expectations of favorable regulatory changes.

Crypto
05:25

Machi (Jeffrey Huang) has slightly reduced his ETH long position to take profits, but still holds a massive stake worth $68.77 million. The move suggests a cautious approach amid market volatility.

CryptoDeFi
05:09

Robert Kiyosaki, author of ‘Rich Dad Poor Dad’, warned that the Federal Reserve’s quantitative easing will drive up inflation, urging investors to focus on assets like Bitcoin and gold. He suggests these assets serve as hedges against the eroding purchasing power of fiat currency.

CryptoMacro
05:00

A whale who used leveraged long positions on ETH and BTC has deposited 3,000 ETH into Binance, realizing a total profit of $6.727 million. The move suggests profit-taking amid market volatility.

CryptoDeFi
04:49

Bitcoin’s sell wall near the $80,000 price level is primarily concentrated on Binance, according to data from HODL15Capital. This suggests significant sell pressure from the exchange, which could influence short-term price movements.

Crypto
04:34

Data shows that purchases by listed companies and US spot Bitcoin ETPs amount to 3.6 times the newly issued supply, indicating a significant demand-supply imbalance in the Bitcoin market. This trend underscores growing institutional adoption and its impact on Bitcoin’s price dynamics.

CryptoMacro
04:00

Blockchain security firm CertiK reported that Term Labs suffered a governance attack resulting in losses of approximately $8.5 million. The incident highlights ongoing vulnerabilities in decentralized governance mechanisms.

CryptoDeFi
03:35

Analysts suggest Bitcoin could soon form a ‘golden cross’ pattern, indicating potential bullish momentum. They note that the current market structure differs from the 2022 cycle, with different dynamics at play.

CryptoMacro
03:19

Jiang Zhuoer suggests that relatively stronger ETF inflows could be a reason why ETH outperforms BTC in the current cycle. He notes that while BTC ETFs have seen significant inflows, ETH ETF inflows have been proportionally larger relative to market cap, driving ETH’s price momentum.

CryptoUS Stocks
03:19

Data shows that current funding rates across major centralized and decentralized exchanges indicate Ethereum has entered a bullish zone, while Bitcoin remains neutral. This suggests traders are increasingly positioning for an ETH rally relative to BTC.

CryptoDeFi
03:15

Bitcoin’s Puell Multiple has risen to 0.96, marking the largest increase in nearly three months. This metric suggests miners’ profitability is improving, potentially signaling a positive outlook for Bitcoin’s price.

CryptoMacro
02:55

Hyperliquid’s weekly revenue surged nearly 196% to $16.93 million, according to data. This marks a significant growth in the platform’s earnings.

CryptoDeFi
02:50

Data shows that a whale’s short position on ’10 Big Targets’ may have returned to profitability, with floating gains of approximately $770,000. This suggests potential market movements or strategic positioning by large traders.

Crypto
02:45

Data shows that ‘Machi’ (Jeffrey Huang) has fully closed his BTC long position, incurring a loss of $2.46 million in the past day. The position was completely liquidated or closed, reflecting significant market volatility.

Crypto
02:45

Bitcoin’s hashprice surged 20.41% over four days, lifting miner revenue to $38.29 per PH/s. This increase signals improved profitability for miners amid market conditions.

CryptoMacro
02:30

Bitfinex analysts attribute the recent Bitcoin rally to spot market demand and short covering, while cautioning that profit-taking could pose the biggest risk. The report highlights the current market dynamics and potential volatility ahead.

CryptoMacro
02:20

In the past hour, long positions in the cryptocurrency market have seen liquidations totaling $100 million, indicating a sharp market downturn. This rapid deleveraging event highlights the volatility and risk prevalent in the crypto space.

Crypto
02:15

Polymarket odds of Bitcoin reaching $80,000 by the end of August have fallen to 43%, down 19% in the last 24 hours. This reflects cooling market sentiment for a near-term BTC rally.

Crypto
02:15

Bitcoin’s rapid rally is fueling retail investor FOMO, but analysts caution that a short-term correction is possible. The market’s overheating signals suggest volatility ahead.

CryptoMacro
02:03

Amid market volatility, meme coins on Base, BSC, and Robinhood chains surged, led by Basecat’s surprise Coinbase listing. Bicat, BNBCAT, CashCat, and CATE also gained attention, highlighting the ‘exchange + chain + meme’ strategy.

Crypto
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