Flash News

TREE NEWS reports: Poolin’s mining pool established a creditors committee on August 12 to oversee bankruptcy proceedings. Claims can now be submitted via Verita Global. The firm filed for Chapter 11 in July and plans to sell its Texas Bitcoin mining assets for $52 million.

TREE NEWS update: Poolin mining pool established a creditors committee on August 12 and hired lawyers to oversee its bankruptcy process. Claims can now be filed via Verita Global’s official page as asset sales begin. The company filed for Chapter 11 in July and plans to sell its Texas Bitcoin mining assets for $52 million.

TREE NEWS reports: On-chain data shows Machibig Brother holds long positions in ETH, HYPE, BTC, and PUMP totaling about $81.5 million. His 25x ETH long is worth ~$43.65M with ~$3.496M unrealized profit; other positions yield smaller gains. Combined unrealized profit is approximately $4.1 million.

TREE NEWS update: On-chain data shows Machibig Brother holds long positions in ETH, HYPE, BTC, and PUMP totaling about $81.5 million, with unrealized profits of approximately $4.1 million. The largest position is a 25x ETH long worth $43.65 million, yielding $3.496 million in profit.

TREE NEWS reports: NEIRO, a cryptocurrency, surged over 60% in intraday trading, briefly breaking through $0.00011 and currently trading at $0.0001103, according to OKX market data. This sharp price movement highlights the volatility in the crypto market.

TREE NEWS update: According to OKX market data, NEIRO surged over 60% intraday, briefly breaking above $0.00011, and is currently trading at $0.0001103. The sharp price movement reflects heightened volatility in the crypto market.

TREE NEWS reports: WLFI co-founder Zach Witkoff refuted Justin Sun’s claims of a ‘major victory’ in court, stating that no ruling was made and that Sun misrepresented the situation. WLFI never requested arbitration for Sun’s personal claims, and their motion to dismiss remains pending.

TREE NEWS reports: Bitcoin spot ETFs recorded a total net inflow of $606 million on August 20, marking the fourth consecutive day of inflows. BlackRock’s IBIT led with $503 million, bringing its historical total to $62.187 billion, while Fidelity’s FBTC added $64.737 million. The total net assets of Bitcoin spot ETFs reached $90.164 billion, with a cumulative net inflow of $53.399 billion.

TREE NEWS update: Polymarket bettors now see an 82% probability that Ethereum will reach $2,400 during the remainder of August, up 40% in 24 hours. The surge reflects growing market optimism, though it remains a speculative prediction market data point.

TREE NEWS reports: WLFI co-founder denies Sun Yuchen’s claim of a major court victory, stating that no ruling was actually made. The alleged legal win appears to be fabricated, with no court decision to support it.

TREE NEWS reports: FalconX transferred approximately 1.42 million HYPE tokens worth about $104 million to major exchanges including Gate, Bybit, OKX, Coinbase, and KuCoin in the past day, indicating OTC buyers are reducing their holdings. Gate received the largest share at $34.14 million, followed by Bybit and OKX.

TREE NEWS update: In the past day, FalconX transferred approximately 1.42 million HYPE tokens, worth about $104 million, to multiple exchanges including Gate, Bybit, OKX, Coinbase, and KuCoin. OTC buyers have been continuously reducing their HYPE positions, with Gate receiving the largest share at $34.14 million.

TREE NEWS update: Polymarket bettors now assign an 82% probability that Ethereum will touch $2,400 in the remaining days of August, up 40% in 24 hours. The market, based on Binance’s ETH/USDT 1-minute highs, also shows a 50% chance of reaching $2,500. This reflects growing bullish sentiment for ETH in the short term.

TREE NEWS reports: South Korean lawmakers have proposed granting the Financial Intelligence Unit (FIU) expanded powers to investigate and refer unregistered cryptocurrency operators to law enforcement. This move aims to strengthen regulatory oversight of the crypto industry in the country.

TREE NEWS reports: The Bhutanese government transferred 490.87 BTC, valued at approximately $32.74 million, to a new wallet within 24 hours. This move is part of the country’s management of its cryptocurrency holdings, which include Bitcoin mined via state-backed operations.

TREE NEWS update: Morgan Stanley’s Bitcoin ETF (MSBT) has withdrawn 146.15 BTC from Coinbase Prime, as reported by data. This move indicates ongoing institutional activity in the crypto market. The ETF’s actions reflect continued interest from traditional finance in digital assets.

TREE NEWS reports: Pump.fun co-founder reveals that the Pump Foundation treasury holds close to $2 billion in assets. This marks a significant milestone for the memecoin launchpad platform.