Flash News

TREE NEWS update: Hyperbot data shows that Machi Big Brother’s 40x leveraged Bitcoin long position has been fully liquidated amid a market downturn. He is now adding to HYPE and Ethereum longs, with his overall position value shrinking to $84 million and ROI dropping to 7.32%.

TREE NEWS update: Bitcoin has fallen below the $76,000 mark, signaling continued market volatility. The decline reflects ongoing selling pressure in the crypto market.

TREE NEWS reports: A major US banking organization has proposed that stablecoin secondary markets be subject to customer identification requirements, aiming to enhance regulatory oversight. This move could impact the broader crypto ecosystem by imposing stricter compliance measures on stablecoin trading platforms.

TREE NEWS update: As Bitcoin fell below $76,000, the trader known as ’10 Big Goals’ saw his BTC short position turn profitable, with floating gains around $800,000. He holds 1,830.724 BTC shorts with an average entry price of $76,397.56, and also has 12,756.739 ETH shorts with a small loss.

TREE NEWS update: In the past four hours, the total liquidation amount across the crypto market reached $114 million, with long positions bearing the brunt at $105 million, while shorts saw $8.25 million liquidated. ETH and BTC accounted for approximately $35 million and $26.5 million of the liquidations, respectively.

TREE NEWS update: Hyperliquid’s Builder Codes achieved nearly $1 billion in single-day nominal trading volume, setting multiple new records. This marks a significant milestone for the platform’s growth and adoption.

TREE NEWS reports: Bitcoin fell below 76,000 USDT on OKX, trading at 75,925.9 USDT, marking a 1.8% decline over the past 24 hours. The drop reflects ongoing market volatility.

TREE NEWS update: Polish crypto exchange Zondacrypto’s two consecutive CEOs have gone missing, and its parent company’s license has been revoked. The exchange faces regulatory turmoil as authorities crack down on its operations.

TREE NEWS update: Fundstrat’s Tom Lee suggests that as AI trading moves downstream, Ethereum (ETH) may emerge as a beneficiary. He argues that the shift could drive demand for ETH, given its role in powering decentralized applications and smart contracts.

TREE NEWS reports: The New York Post reports that Rep. Rashida Tlaib, a vocal opponent of the CLARITY Act, holds up to $30,000 in Bitcoin and Ethereum-related ETFs. This disclosure raises questions about potential conflicts of interest given her legislative stance on crypto regulation.

TREE NEWS update: The current Crypto Fear & Greed Index stands at 67, reflecting a state of greed in the market. This sentiment metric suggests investors are currently optimistic about cryptocurrency prices.

TREE NEWS reports: US Representative Rashida Tlaib has disclosed holdings in Bitcoin and Ethereum ETFs, according to a report from ChainCatcher. The disclosure highlights growing political interest in crypto assets.

TREE NEWS reports: ECX plans to launch its mainnet on October 31, with most Bitcoin holders eligible to receive ECX tokens at a 1:1 ratio. The move aims to integrate Bitcoin into the ECX ecosystem, potentially enhancing liquidity and utility.

TREE NEWS update: The cryptocurrency market saw a broad pullback among altcoins, with TAC experiencing a sharp decline of over 40% in the past 24 hours. This reflects a risk-off sentiment in the crypto space.

TREE NEWS reports: Data shows Coinbase’s Bitcoin negative premium has persisted for 97 days, setting a new historical record. This prolonged discount indicates sustained selling pressure on the US exchange, reflecting bearish sentiment among institutional investors.

TREE NEWS update: Data shows USDC circulation increased by approximately 800 million tokens over the past 7 days. This reflects growing demand for the stablecoin, potentially indicating increased market activity.

TREE NEWS update: Grayscale suggests that Bitcoin’s current price could present an advantageous entry point for long-term investors, citing historical patterns and market conditions. The report highlights potential upside despite recent volatility, framing the dip as a buying opportunity for patient capital.

TREE NEWS reports: Polygon co-founder is advancing reforms to staking and tokenomics, with POL staking yields expected to nearly double. The proposal aims to enhance network security and participation.

TREE NEWS reports: South Korea’s crypto market is seeing accelerated institutionalization as corporate accounts at five major exchanges total 6,590, with Bithumb accounting for nearly half. This shift signals growing institutional participation in the Korean digital asset sector.

TREE NEWS update: In June, former President Donald Trump reduced his holdings in Coinbase and Strategy, while increasing his position in Robinhood. The moves reflect a shift in his crypto-related equity portfolio.