Flash News

TREE NEWS reports: Cambodian authorities and the US Drug Enforcement Administration jointly dismantled a cryptocurrency money laundering network, seizing approximately $7 million in digital assets. The operation highlights the ongoing use of crypto for illicit finance and cross-border law enforcement cooperation.

TREE NEWS update: A major whale that went long on 20,000 ETH is still holding the position, with unrealized profits of $11.76 million. The data suggests the trader remains bullish on Ethereum despite market conditions.

TREE NEWS update: Jump Crypto moved 1,140 BTC, worth about $88.98 million, to Binance in the last 30 minutes. The transfer suggests potential selling or liquidity provision, drawing market attention.

TREE NEWS reports: Bridgewater Associates founder Ray Dalio has warned that a US debt crisis could arrive within three years, advising investors to reduce bond holdings and increase allocations to gold and bitcoin. His comments highlight growing concerns over fiscal sustainability.

TREE NEWS update: Data shows Multicoin Capital moved 197,560 HYPE tokens, valued at about $14.54 million, to Coinbase. This transfer may signal a potential sale or repositioning by the investment firm.

TREE NEWS reports: Data shows that seven siblings holding over $768 million in ETH have sold a cumulative 26,300 ETH since August 21. This significant sell-off may impact market sentiment.

TREE NEWS update: Bofur Capital, a crypto firm, suffered an address poisoning attack, resulting in a loss of approximately $2 million. The attack highlights the ongoing risks of phishing and address manipulation in the crypto space.

TREE NEWS reports: Bitcoin mining infrastructure firm Bitari has filed for an initial public offering on Nasdaq, aiming to raise $30 million. The move highlights the growing trend of crypto-related companies seeking public listings.

TREE NEWS reports: Data shows that the US XRP spot ETF recorded a total net inflow of $18.38 million in a single day. This indicates growing investor interest in XRP-based exchange-traded products.

TREE NEWS update: Grayscale has submitted a fifth amended application to the U.S. SEC, accelerating the approval process for a Zcash ETF. This move signals continued institutional interest in privacy-focused cryptocurrencies and could pave the way for broader crypto ETF offerings.

TREE NEWS reports: A crypto industry association has filed a lawsuit against the state of Illinois, challenging a new 0.2% tax on digital asset transactions. The suit argues the tax is unconstitutional and burdensome, potentially setting a precedent for other states.

TREE NEWS update: Coinbase’s Vice President of Product, Dor Levi, has left the company, where he was responsible for resolving user account restrictions. His departure marks a notable executive change at the major crypto exchange.

TREE NEWS reports: Coinbase has added five tokens—CP, BASECAT, DRB, POD, and GRASS—to its listing roadmap, indicating potential future listing on its exchange. This move signals continued expansion of supported assets amid growing crypto market interest.

TREE NEWS update: Galaxy Research suggests that Bitcoin reclaiming its 50-week moving average could mark the end of the bear market. This technical indicator is often watched by traders as a sign of trend reversal. The analysis provides a bullish outlook for Bitcoin’s price trajectory.

TREE NEWS update: Bitcoin broke above $79K, igniting a rally in crypto-linked stocks like Canaan and MARA, as Treasury buyback expansion boosts liquidity. HYPE reached a new all-time high above $77, while HOOD surged 11% past $106. The market saw a record $2.74B short liquidation on Aug 19.

TREE NEWS reports: Solana has activated 350-millisecond slots on its mainnet, marking the first reduction in block production time since its inception. This change shortens the window for validators and initiates a gradual path toward 200-millisecond slots over subsequent epochs.

TREE NEWS reports: Bitcoin surged 22.6% in the past week, its largest weekly gain since November 2024, following President Trump’s urging of the Senate to pass the CLARITY Act for market structure regulation. The move highlights renewed optimism for crypto-friendly legislation.

TREE NEWS reports: Pantera Capital’s portfolio manager expresses bullishness on Bitcoin, citing recent price surges and support from smart money. The sentiment underscores growing institutional confidence in the cryptocurrency market.

TREE NEWS update: Coinkite’s Coldcard hardware wallet firmware now requires user-added randomness for seed generation and fixes other issues found in a three-week review, following a $130 million Bitcoin exploit. The update aims to enhance security against potential attacks.

TREE NEWS update: Bitcoin’s price has surged past the $78,000 mark, reaching a new all-time high. The breakout reflects strong momentum in the crypto market, with investors showing increased risk appetite.