Flash News

TREE NEWS update: Gate has launched its stock trading section on the Innovation Board, marking a significant expansion into traditional equities. RootData ranks Gate first in comprehensive scores for this new offering, highlighting its competitive edge in integrating crypto and stock trading.

TREE NEWS reports: Bitcoin mining firm HIVE has signed a $350 million AI cloud services contract, projected to boost annualized revenue by $70 million. This marks a strategic pivot for the miner into high-performance computing, aligning with the broader trend of crypto miners diversifying into AI infrastructure.

TREE NEWS update: Data shows that if Bitcoin falls below $60,291, cumulative long liquidation intensity on major CEXs could reach $747 million. This highlights significant downside risk in the crypto market.

TREE NEWS update: The Ethereum Foundation has introduced the Platåberget testnet to facilitate early testing of the upcoming Glamsterdam upgrade. This development marks a significant step in Ethereum’s ongoing network evolution, allowing developers to prepare for the upgrade’s features and improvements.

TREE NEWS reports: Data shows that if Ethereum falls below $1,803, cumulative long liquidation intensity on major centralized exchanges could reach $665 million. This highlights the fragility of leveraged positions and potential cascading sell-offs in the crypto market.

TREE NEWS update: Paul Tudor Jones’ macro fund increased its stake in BlackRock’s iShares Bitcoin Trust by 18.9% to 688,529 shares worth $22.9 million in Q2, reversing a year of selling. The fund also sharply cut its call options, shifting from leveraged bets to direct spot exposure.

TREE NEWS update: Dutch prosecutors have sold assets seized from bankrupt crypto platform Knaken, raising $2.5 million. The proceeds will be used to compensate victims of the platform’s collapse.

TREE NEWS reports: Data shows Bitcoin short-term holders are currently facing an average unrealized loss of 6%, indicating market pressure. However, the absence of capitulation-style selling suggests the downturn may not have reached its worst point.

TREE NEWS reports: Dutch authorities have liquidated approximately $2.5 million in cryptocurrency held by the bankrupt platform Knaken, with proceeds going to creditors. The trustee revealed that Knaken purchased the coins in its own name, leaving customers with only a euro claim against the collapsed company.

TREE NEWS update: Despite a 14% Bitcoin price drop in Q2, institutional ETF holdings rose 7.5%, with Wells Fargo and JPMorgan each adding over 10,000 BTC. Institutional share of ETF holdings hit a record 44.2%, signaling smart money accumulation at perceived bottom levels.

TREE NEWS update: BitMart founder Sheldon has refuted an accountability statement from employees, calling its contents false and announcing plans to involve the police. The dispute highlights internal tensions at the exchange amid ongoing regulatory scrutiny.

TREE NEWS reports: Harmony has revealed a rollback plan to revert the blockchain to its August 11 block state, aiming to eliminate the impact of forged token inflation. This move is intended to restore network integrity after the exploit.

TREE NEWS update: Cryptocurrency prices show significant divergence today, with DIA surging over 31% while BEL falls over 16%, indicating volatile market conditions. This data highlights ongoing price fluctuations in the crypto sector.

TREE NEWS reports: Austria’s Financial Market Authority (FMA) has imposed a fine on Bitpanda for violating MiCA rules on crypto white papers and marketing communications, marking the first published penalty under the EU’s Markets in Crypto-Assets regulation. The decision is now final, signaling increased regulatory scrutiny in the crypto sector.

TREE NEWS reports: SafePal, a bitcoin wallet provider, suffered a data breach via a third-party order-tracking plug-in, exposing names, addresses, and phone numbers of nearly 40,000 customers. The leak raises concerns about potential physical attacks on users, though no funds were reportedly compromised.

TREE NEWS reports: JPMorgan has increased its holdings in Zhongji Innolight and Luxshare Precision H-shares, with stakes rising to 16.14% and 8.36% respectively. This move reflects growing institutional confidence in these tech hardware companies, which are key suppliers to major global tech firms.

TREE NEWS reports: Hyperliquid’s HIP-3 market has reached an all-time high in open interest, totaling $4.3 billion. This milestone underscores the growing adoption of its perpetuals trading platform.

TREE NEWS reports: DGrid AI has launched the eligibility check and claim process for its $DGAI token airdrop. Users can now verify their qualification and claim their tokens, marking a key step in the project’s token distribution.

TREE NEWS update: Renaissance Technologies increased its holdings in Strategy by 422,881 shares, bringing its total stake value to $242.3 million. This move highlights continued institutional interest in crypto-exposed equities.