Flash News

TREE NEWS update: Hester Peirce, the SEC’s ‘crypto mom’, praised the Commission’s proposed crypto regulatory framework as an important step forward from ‘inapt’ rules, days after the Senate failed to pass the CLARITY Act, the US’s first comprehensive industry framework.

TREE NEWS update: A whale using 20x leverage has closed a long position on 246,000 SOL, taking profits of $960,000 after holding for 10 days. The trade highlights the high-risk, high-reward nature of leveraged crypto trading.

TREE NEWS reports: Abnormal AI has established a strategic partnership with OpenAI, aiming to leverage advanced AI technologies. The collaboration is expected to enhance Abnormal AI’s capabilities in providing innovative solutions.

TREE NEWS update: A major Bitcoin short whale is again approaching liquidation, with its short position valued at approximately $93.24 million. The whale’s position is under threat as Bitcoin’s price moves against it, raising the risk of forced closure.

TREE NEWS reports: FalconX and Ethena have entered into a $1 billion secured lending partnership, bringing USDe reserves into the institutional credit market. This move aims to integrate Ethena’s stablecoin reserves with FalconX’s prime brokerage services.

TREE NEWS update: Fidelity reports that Bitcoin’s volatility is currently lower than approximately 98.5% of historical trading days. This indicates an unusually calm market for the leading cryptocurrency.

TREE NEWS update: Data shows that Bitcoin whales have accumulated approximately 43,000 BTC (worth $2.75 billion) over the past 60 days, ending a months-long selling trend. This accumulation signals renewed confidence among large holders.

TREE NEWS reports: Nexus Data, an AI data center linked to Anthropic, has raised $1.3 billion in private credit. The funding will support the development of its AI infrastructure, highlighting the growing convergence of AI and traditional finance.

TREE NEWS reports: Prevalent AI has completed a $22 million funding round, with IGP participating. The round will support the company’s AI-driven solutions.

TREE NEWS update: Influential crypto trader Ansem suggests that institutional funds are shifting toward a bullish stance on the crypto market. He believes the current market environment may be conducive to forming a bottom, as macro conditions and sentiment align.

TREE NEWS reports: Antalpha, a crypto financial services firm, reported a net loss of $12.5 million for Q2, with revenue declining 28% year-over-year. The results reflect challenging market conditions in the crypto sector.

TREE NEWS update: Arthur Hayes announced that the tokenomics for FLOP will be revealed next week. The disclosure is highly anticipated by the crypto community as it will detail the distribution and utility of the FLOP token.

TREE NEWS reports: PayPal and Venmo have expanded their services to include tuition payments through a new integration, allowing students to pay for education expenses using their accounts. This move aims to streamline payment processes for educational institutions and students alike.

TREE NEWS reports: Coinbase Advanced now supports direct trading between the Brazilian real (BRL) and USDC, allowing users to convert fiat to the stablecoin without intermediary currencies. This move expands Coinbase’s fiat-to-crypto on-ramp in Brazil, enhancing accessibility to USDC.

TREE NEWS reports: Cantor Fitzgerald plans to open access to the Kalshi prediction market for its institutional clients. This move integrates event contracts into traditional finance, potentially expanding the reach of prediction markets.

TREE NEWS update: A Strive vice president noted that Strategy’s bitcoin holdings per share have increased for several consecutive years. This highlights the company’s ongoing accumulation strategy, reinforcing its position as a major corporate BTC holder.

TREE NEWS reports: Sweden’s H100 reported a $26 million loss for the first half of the year, driven by falling Bitcoin values. The company completed acquisitions to become Europe’s second-largest Bitcoin treasury by holdings.