Flash News

TREE NEWS reports: Binance transferred 400 million USDT to Tether Treasury, according to data. The large stablecoin movement may signal liquidity adjustments or operational activity. Such transfers are common but can attract attention for their scale.

TREE NEWS update: Over the past 24 hours, total crypto liquidations reached $1.505 billion, with long liquidations at $292 million and short liquidations at $1.213 billion. This significant short squeeze indicates a sharp price surge, reflecting high market volatility.

TREE NEWS reports: BitMart announced it is formulating a potential restructuring plan and aims to gradually resume partial operations. The exchange is working on a phased approach to stabilize services amid ongoing challenges.

TREE NEWS update: An analyst notes Bitcoin has touched its long-term downtrend line and the 21-month EMA, suggesting that holding above this resistance is crucial to confirm a bullish reversal. Failure to sustain could lead to further downside.

TREE NEWS reports: Laser Digital, a Nomura-backed subsidiary, has received registration from Japanese regulators to operate as a crypto exchange, marking the first such approval in four years. The approval allows Laser Digital Japan to provide domestic liquidity before expanding into institutional crypto trading, signaling a renewed interest in the Japanese crypto market.

TREE NEWS update: Xingqiao Capital’s London gold position has blown up, causing significant losses for some investors who deposited funds via USDT. The incident highlights risks in crypto-funded commodity trading.

TREE NEWS reports: Binance employees questioned by UAE authorities have been cleared and released after providing statements about third-party fund flows through a company client account. A spokesperson confirmed the development to Cointelegraph.

TREE NEWS update: Ethena transferred 170 million ENA tokens to FalconX and then retrieved them, increasing in value by $9.59 million over three days. This movement highlights the volatility and potential profit in managing large token holdings.

TREE NEWS update: Crypto analyst Ansem expressed optimism about Robinhood’s chain-related stocks in the current market cycle, citing potential growth in the crypto and RWA sectors. He expects these assets to perform well as blockchain adoption increases.

TREE NEWS reports: Vitalik Buterin has published research on ‘partial homomorphic’ cryptography, exploring next-generation obfuscation techniques that could become a fundamental primitive in cryptography. The work aims to advance privacy and security in blockchain applications, potentially impacting crypto and RWA tokenization.

TREE NEWS reports: China’s Central Cyberspace Affairs Commission announced plans to accelerate legislation in emerging fields including AI, anti-cyberbullying, digital economy, online platforms, and blockchain. This move signals the government’s intent to regulate these sectors more comprehensively.

TREE NEWS reports: Blockchain intelligence firm TRM Labs reports a 40% increase in the use of AI in crypto-related crimes over the past year. The findings highlight the growing sophistication of illicit actors leveraging AI technologies for fraudulent activities.

TREE NEWS update: Standard Chartered has revised its Bitcoin forecast, suggesting the cryptocurrency could reach $126,000 by the end of the year, calling its previous $100,000 target too conservative. The bank cites growing institutional adoption and market momentum as key drivers.

TREE NEWS reports: A prominent whale has outlined ambitious price targets for Bitcoin, predicting a gradual upward trend in the current cycle and a potential surge to $100,000 by March next year. The forecast suggests continued bullish momentum for the cryptocurrency market.

TREE NEWS update: A major whale who previously set 10 ambitious targets has partially closed losing short positions on Bitcoin and Ethereum, realizing losses of $10.158 million. The move suggests a shift in sentiment or risk management amid market volatility.