Flash News

TREE NEWS reports: UK police have seized 20.21 bitcoins, valued at $1.4 million, linked to a dark web marketplace that operated between 2016 and 2019. The seizure underscores ongoing efforts to trace and confiscate illicit crypto proceeds.

TREE NEWS reports: Prominent trader Killa says Bitcoin falling to $50K in October is nearly impossible, asserting that $62K has already formed the cycle bottom. He remains bullish on the asset’s trajectory.

TREE NEWS reports: The meme coin COPPERINU saw its market capitalization briefly surpass $18 million, setting a new all-time high. The surge reflects continued speculative interest in meme tokens within the crypto market.

TREE NEWS update: Bitcoin has rebounded above 78,000 USDT on OKX, currently trading at 78,000.7 USDT. The 24-hour decline has narrowed to 1.68%, indicating some recovery in the crypto market.

TREE NEWS update: Data shows that if Bitcoin surpasses $81,473, cumulative short liquidation intensity on major CEXs could reach $1.922 billion. This implies a potential short squeeze that could amplify upward price momentum.

TREE NEWS update: Pons has announced that 29% of its total token supply has been burned. This significant reduction aims to impact the token’s scarcity and value proposition.

TREE NEWS reports: Crypto researcher Adam reports that Robinhood DEX trading activity has surged again, with 24-hour volume hitting $582 million, indicating renewed interest in the platform.

TREE NEWS update: COPPERINU, a meme coin deployed on Robinhood Chain by Pons Vault, briefly exceeded a $15 million market cap, up over 2296x intraday. The token’s narrative traces back to a January joke by crypto KOL Cobie, with 40% of supply sent to KOL Him for community airdrops. Analysts warn of high volatility and risk.

TREE NEWS reports: In the past 24 hours, the crypto market experienced $380 million in total liquidations, with long positions accounting for $308 million and short positions for $71.93 million. This indicates significant market volatility and forced selling amidst recent price swings.

TREE NEWS reports: BitGo has acquired NYDIG’s institutional trading business for approximately $42.5 million. The move strengthens BitGo’s digital asset trading and custody offerings for institutional clients.

TREE NEWS reports: BitGo has agreed to acquire NYDIG’s institutional trading business in a $42.5 million cash-and-stock deal, adding derivatives, structured products, and capital markets capabilities. The move allows NYDIG to focus on its power and data-center operations.

TREE NEWS update: Data shows that the total value locked (TVL) in DeFi protocols on Robinhood Chain has reached approximately $680 million, marking a 17.78% increase over the past week. This growth highlights the expanding DeFi ecosystem on the platform.

TREE NEWS update: Serenity criticizes Sivers Photonics for focusing too much on the Swedish market, arguing that US investors would better appreciate its growth potential and order economics. The firm highlights that US analysts would focus on wafer capacity, revenue implications, and partnerships, while local concerns bog down management. Serenity warns that continued Swedish focus will trap Sivers’ valuation.

TREE NEWS update: The Taliban government in Afghanistan has issued a ban on Bitcoin and cryptocurrency trading. This move is part of broader restrictions on digital assets in the country.

TREE NEWS reports: Arthur Hayes advises buying Bitcoin, predicting sustained monetary expansion could drive it to $250,000. He cites ongoing central bank liquidity as a key bullish factor for the crypto market.

TREE NEWS reports: GoPlus has revealed that the initial funds for the GOLD token developer can be traced back to KuCoin, and the same developer also deployed a malicious token named PLATINUM. This raises concerns about potential nefarious activities within the crypto ecosystem.

TREE NEWS update: The total market capitalization of stablecoins has regained upward momentum, increasing by 0.48% over the past week. This indicates renewed investor confidence and capital inflows into the crypto market.

TREE NEWS reports: Bloomberg’s chief economist predicts next week’s nonfarm payrolls data may be weak, potentially reducing the likelihood of a Federal Reserve rate hike. This could impact market expectations for monetary policy.

TREE NEWS update: A trader identified as James Wynn has opened a 20x leveraged short position on Bitcoin, with a size of 1.33 BTC. The move indicates a bearish outlook on the cryptocurrency’s near-term price.

TREE NEWS update: Starkware announced the successful completion of a quantum-resistant transaction on the Bitcoin mainnet, achieved without requiring a soft fork. This milestone demonstrates the potential for advanced cryptographic techniques to enhance Bitcoin’s security against future quantum threats.