TREE NEWS reports: Brent crude oil (XBRUSD) has broken above the $90 per barrel mark, currently trading at $90.09, a 1.0% increase in the last 24 hours, according to Gate data. This move reflects ongoing geopolitical tensions and supply concerns in the energy market.
TREE NEWS reports: CryptoQuant reports that Bitcoin has entered the early stages of a new bull market, but confirmation requires a close above the $83,000 moving average. The analysis suggests that a sustained break above this level could signal further upside momentum.
TREE NEWS update: A new survey reveals that 77% of Americans view cryptocurrencies in workplace retirement plans as risky, reflecting broad skepticism. This comes as US policymakers consider expanding access to alternative assets in retirement savings.
TREE NEWS update: Coinbase has announced the listing of Grass (GRASS), a token associated with the decentralized AI data network. The listing will enable trading on Coinbase platforms, subject to liquidity conditions. This move marks a significant step for the Grass project in expanding its accessibility to mainstream crypto users.
TREE NEWS update: Bitcoin fell below $78,000 after July US PCE inflation data came in slightly higher than expected, pressuring risk assets including stocks and gold. The cryptocurrency failed to challenge the $80,000 level as markets reacted to the inflationary signal.
TREE NEWS reports: xStocks has launched five tokenized stocks on Hyperliquid’s spot market, marking a step in the convergence of traditional finance with decentralized trading. The move allows users to trade equities on-chain, expanding the RWA ecosystem within the Hyperliquid network.
TREE NEWS update: Glassnode reports that short liquidations have driven a 11% drop in futures open interest, with Bitcoin facing resistance between $81,000 and $86,000. The data suggests a potential short squeeze that could fuel further upside if resistance is broken.
TREE NEWS reports: The meme coin ‘Bull Come’ (牛来) has surged over 33% in the past 24 hours, with its market capitalization recovering to $47 million. The price rally reflects renewed speculative interest in meme tokens.
TREE NEWS reports: XRP led the cryptocurrency market lower, with leveraged liquidations testing the sustainability of the recent rally. The pullback highlights the risks of excessive leverage in the current market environment.
TREE NEWS update: NVDA perpetual contracts saw 24-hour trading volume of approximately $232 million, with Binance, Hyperliquid, and OKX accounting for about 88.3% of the total. This highlights the growing demand for tokenized equity derivatives in crypto markets.
TREE NEWS update: A wallet allegedly linked to Bitkub’s co-founder transferred 2,600 ZEC (worth $26 million) and sold it, then purchased 238 BTC. The transaction, spotted by on-chain analysts, has drawn attention due to its size and potential market impact.
TREE NEWS reports: XRP led losses among the top 10 cryptocurrencies as leverage unwinding triggered a market pullback. The price action suggests the rally’s sustainability is being tested, with traders watching key support levels.
TREE NEWS reports: The SEC has sent a proposal to the White House aiming to modernize crypto custody regulations, despite a stalled vote on the Clarity Act. This move signals continued regulatory focus on digital asset custody standards.
TREE NEWS update: MultiversX announced its Supernova upgrade, which decouples consensus from execution, with mainnet activation expected on September 10. This architectural change aims to improve scalability and performance.
TREE NEWS reports: The ‘Fed whisperer’ suggests that how Federal Reserve Governor Christopher Waller explains inflation will determine his future policy trajectory. His interpretation of current price pressures is crucial for market expectations of rate moves.
TREE NEWS reports: Mediterranean Shipping Company (MSC) has suspended its Black Sea routes following a drone attack on its vessel. The incident highlights growing risks to commercial shipping in the region, with potential implications for global trade and energy markets.
TREE NEWS update: JPMorgan is reportedly evaluating the launch of its own stablecoin, according to sources. The move could signal major TradFi adoption of digital assets and impact the stablecoin market.
TREE NEWS reports: Dune Analytics has updated its free tier, and starting September 10, existing free accounts will only be able to browse data. This change aims to encourage users to upgrade to paid plans for full functionality.
TREE NEWS reports: Ethereum developers have proposed a major upgrade to the deposit contract to make staking quantum-resistant. The proposal allows validator keys to expand to 8,192 bytes and adds a mechanism to permanently retire current BLS signatures, enhancing security against future quantum threats.
TREE NEWS reports: A protocol upgrade from a CTDG Dev Hub participant separates consensus from execution, enabling nodes to agree on blocks before transactions are fully processed. This aims to solve scaling bottlenecks by allowing parallel validation.
Daily briefs, flash news and in-depth research from the TREE NEWS desk — free, straight to your inbox.