Flash News

TREE NEWS reports: Pons generated $630K in 24h, totaling $8.24M, with V2 deploying 16K tokens (70% of Robinhood Chain). A whale lost $362K on Hyperliquid, Fogo paused mainnet to prevent theft, and Clutch Markets will launch Leverage Machine in September.

TREE NEWS reports: Forbes reports that Europe is accelerating efforts to build alternatives to dollar-backed stablecoins, advancing both a digital euro and private stablecoin initiatives. This dual-track approach aims to reduce reliance on the US dollar in the crypto ecosystem.

TREE NEWS update: Analyst Rekt Capital notes a daily hidden bearish divergence for Bitcoin around $80,000, which could signal continued downside pressure. The signal will remain valid unless Bitcoin breaks above its previous high.

TREE NEWS reports: Pons, a DeFi protocol, reported over $630,000 in revenue over the past 24 hours, indicating strong recent activity. This performance highlights the ongoing growth and usage within the decentralized finance ecosystem.

TREE NEWS update: Solana will launch Transaction V1 on September 9, aiming to improve network performance. The upgrade is part of ongoing efforts to shorten slot time and enhance throughput.

TREE NEWS reports: The current Crypto Fear & Greed Index stands at 68, indicating a state of greed in the market. This sentiment metric suggests investors are currently feeling optimistic about cryptocurrency prices.

TREE NEWS update: Fundstrat’s Tom Lee argues Nvidia’s valuation remains attractive despite recent stock weakness, suggesting that some AI stocks’ declines may be due to funds rotating into Nvidia. He believes the market is still bullish on AI infrastructure spending.

TREE NEWS reports: Data indicates that if Bitcoin falls below $74,321, the cumulative long liquidation intensity on major centralized exchanges could reach $790 million. This highlights significant leverage in the market and potential for sharp price movements.

TREE NEWS reports: This week’s token unlock schedule features Hyperliquid (HYPE) unlocking 9.91 million tokens worth approximately $820 million, EigenLayer (EIGEN) unlocking 36.82 million tokens (about $7.07 million), and Ethena unlocking 210 million tokens (about $33.94 million). These unlocks are part of the projects’ scheduled token release curves.

TREE NEWS update: Sberbank, Russia’s largest bank, will now accept Bitcoin, Ethereum, and USDT as collateral for loans, marking a significant move by a major traditional financial institution into crypto. This development signals growing mainstream adoption of digital assets in Russia despite regulatory uncertainties.

TREE NEWS update: Next week’s macro calendar is packed with key data, with the US nonfarm payrolls report expected to define the Fed’s September rate path. The Fed’s Beige Book will also offer fresh insights into inflation trends, while other indicators could sway market sentiment.

TREE NEWS reports: A whale spent $1 million in an hour to buy the ‘Bull Coming’ token, pushing its market cap past $90 million. The purchase caused a brief surge in the token’s value.

TREE NEWS update: In the past 24 hours, total crypto liquidations reached $63.5172 million, with long liquidations at $25.0859 million and short liquidations at $38.4313 million. The data indicates a higher volume of short positions being liquidated, suggesting a market move upward that caught bears off guard.

TREE NEWS reports: RootData reports that MYX will unlock tokens worth approximately $1.28 million in one week. This event may impact token supply and market dynamics.

TREE NEWS update: A US jobs report is expected to reinforce Federal Reserve Governor Christopher Waller’s perspective on the labor market, which could influence the Fed’s policy stance. The data will be closely watched by investors for signals on the timing of rate cuts.

TREE NEWS update: In a recent commentary, crypto analyst Ansem stated that the current market cycle remains in its early stages, with many tokens in price discovery still near their breakout points. He suggests significant upside potential remains for the broader market.

TREE NEWS reports: Monitoring data shows that 35,110,200 USDT was transferred out of Binance. The destination and purpose of the transfer are not specified.

TREE NEWS reports: Analysts note that Bitcoin short-term holders’ unrealized profit is approaching 15%, suggesting some investors may choose to lock in gains. This could increase selling pressure on the cryptocurrency.

TREE NEWS reports: Unipcs spent 67,000 USDG to purchase 10.96 million PONS tokens, now holding an unrealized profit of $2.48 million, a 37x return. The trade highlights significant gains in the crypto market.