Flash News

TREE NEWS reports: Bitget CEO Gracy Chen predicts Bitcoin will remain within $10,000-$20,000 of current levels due to macroeconomic uncertainty, and doubts the US government will purchase BTC within the next two years.

TREE NEWS reports: Bridgewater Associates founder Ray Dalio has endorsed Bitcoin alongside gold as a hedge against an impending debt crisis driven by government money printing. His comments highlight Bitcoin’s growing acceptance among traditional investors as a store of value.

TREE NEWS reports: Institutional buying, improving macro conditions, and a friendlier regulatory outlook are supporting Bitcoin’s rally, while billions in short liquidations have accelerated the move.

TREE NEWS reports: Billionaire investor Ray Dalio recommends holding a small amount of Bitcoin and gold as a hedge against potential debt crisis, suggesting they are better alternatives than bonds. His comments highlight growing mainstream acceptance of crypto as a safe haven asset.

TREE NEWS update: The CFTC has imposed a trading ban on former Alameda and FTX executives, while US prosecutors opposed a motion from a US soldier accused of profiting from the removal of Nicolas Maduro. These are the latest developments in crypto legal news this week.

TREE NEWS reports: Bitcoin’s volatility eased as it hit its highest level since mid-May, approaching $77K support. Gold also neared three-month highs, with both assets close to 100-day moving averages.

TREE NEWS reports: Data shows that if Bitcoin falls below $73,523, cumulative long liquidation intensity on major centralized exchanges could reach $2.52 billion. This highlights potential market volatility and risk of cascading liquidations.

TREE NEWS update: SpaceX conducted a 60-second static fire test of its Starship vehicle, a key milestone in its development. The test is part of preparation for an upcoming flight, though no specific date was announced.

TREE NEWS update: Solana has activated its first reduction in block timing since launch, aiming to speed up transactions on the network. This upgrade could enhance throughput and potentially impact SOL’s price positively.

TREE NEWS update: Bitcoin hardware wallet maker Coinkite has rolled out a new firmware update for its Coldcard devices. The update aims to enhance security and add new features for users. Specific details were not disclosed in the provided content.

TREE NEWS reports: Data shows that if ETH falls below $2,303, cumulative long liquidation intensity on major centralized exchanges could reach $1.372 billion. This highlights significant downside risk for leveraged long positions in the current market.

TREE NEWS reports: Strive’s SATA fund has raised sufficient capital to purchase over 160 Bitcoin, indicating strong investor interest in digital assets. The fundraising success highlights growing institutional adoption of crypto.

TREE NEWS reports: President Trump urged lawmakers to pass a ‘fair version’ of the Clarity Act to provide regulatory clarity for crypto. The CFTC warned it would draft its own rules if the bill stalls, while the SEC advanced its first crypto fundraising framework.

TREE NEWS reports: BitcoinTreasuries.NET reports that Strive’s SATA fund has raised enough funds to purchase over 160 bitcoins today. This highlights the growing trend of traditional asset managers entering the crypto space through Bitcoin treasury strategies.

TREE NEWS update: Venice founder Erik Voorhees revealed an unannounced rewards program to distribute VVV tokens to loyal users, part of a broader strategy to make the token deflationary and eventually burn all tokens. The plan aims to increase token scarcity and reward community engagement.

TREE NEWS update: Bitcoin’s price surged, marking its strongest weekly performance since 2023, leading to significant losses for short sellers. The rally reflects continued bullish momentum in the crypto market.

TREE NEWS update: Strategy, formerly MicroStrategy, now holds about $1.4 billion in unrealized gains on its Bitcoin treasury as the cryptocurrency’s price surpassed its average acquisition cost. The company had previously faced a $13 billion paper loss during the market downturn.

TREE NEWS reports: SpaceXAI has announced an expansion of the availability of its Grok robot, making it accessible to a wider user base. The move signals the company’s continued push into AI-driven robotics, though details on the scale and timeline remain limited.

TREE NEWS update: A Polymarket account that lost nearly $1.2M bought $155K worth of shares predicting Spirit would beat Vitality in the CS2 EWC Cup, at an average price of 42.9 cents. The match started on August 22 with Spirit leading 11:9 in Game 1.