Flash News

TREE NEWS update: Prediction market Kalshi suspended North Carolina candidate Bakert after he bet on his own victory. The move raises questions about market integrity and self-dealing in political prediction markets.

TREE NEWS update: Kalshi suspended North Carolina Republican Laurie Buckhout for three years after she bought less than $1,000 of contracts on her own congressional race. The prediction market platform said the trades violated its rules against self-dealing. Buckhout’s campaign did not immediately comment.

TREE NEWS reports: OKX announced it will migrate its USDⓢ spot trading pairs, a move that may affect trading pairs denominated in USD stablecoins. The exchange will transition these pairs to a new structure, though specific details were not provided. This change is part of OKX’s ongoing efforts to optimize its trading infrastructure.

TREE NEWS update: Two Thai businessmen have filed a lawsuit against Tether, the issuer of USDT, over the freezing of $42.4 million in USDT. The plaintiffs allege that the freeze was unjustified and has caused them financial harm. This legal action highlights ongoing concerns about the power of stablecoin issuers to freeze assets.

TREE NEWS reports: Fed Chair Warsh’s Jackson Hole speech, repeating 2% inflation target and citing inflation 30 times, triggered a market repricing dubbed a ‘verbal twist operation.’ Short-term yields rose (1-year to 4.13%) and long-term yields briefly fell, but 30-year yields closed flat as investors focused on over $10.5 trillion in maturing debt and $2 trillion in new deficit financing over the next year. Gold fell 3.7%, silver 6.5%, and bitcoin dropped.

TREE NEWS update: The price of AI tokens has plummeted to an all-time low, halving from its May high. This decline reflects broader market sentiment and profit-taking in the crypto AI sector.

TREE NEWS reports: A crypto whale is accumulating HYPE tokens, holding 155,980 units with zero sales, and continues to buy using $4.34 million in USDC. This indicates strong conviction in the asset, potentially influencing market sentiment.

TREE NEWS reports: US spot Bitcoin ETFs reduced their year-to-date net outflows by 66% as Bitcoin gained about 25% in August, marking their best month of 2026. Ether ETFs turned positive YTD at $732 million, while XRP ETFs reached $502 million.

TREE NEWS update: Bitget has introduced a spot trading campaign for GitLab (GTLB) stock tokens, offering a total prize pool of 20,000 USDT. Users completing rGTLB/USDT trading tasks can earn blind box draws with 100% win rate, receiving rGTLB vouchers worth 0.02 to 20 coins each. The event runs from September 2 to 6.

TREE NEWS update: Prospect Markets has signed an agreement with Crypto.com to launch a prediction market in the United States. The partnership aims to offer event-based trading products to US users, leveraging Crypto.com’s platform.

TREE NEWS update: Huobi HTX will host a live debate tonight at 20:00 on the Federal Reserve’s weakening of forward guidance. The discussion will explore the implications for crypto markets.

TREE NEWS reports: Robinhood Chain’s soaring gas fees and trading taxes are eroding profits for meme coin traders, with data showing ~60% of sellers losing money. The article suggests that providing liquidity in high-quality pools may offer better risk-adjusted returns than PvP trading in this high-fee environment.

TREE NEWS update: Uniswap recorded over 7 million transactions on a single day, setting a new all-time high. This milestone underscores the growing adoption of decentralized exchanges and the broader DeFi ecosystem.

TREE NEWS update: Websea has climbed to the 45th position in CoinGecko’s spot exchange rankings, reflecting its growing trading volume and user activity. This milestone highlights the platform’s increasing presence in the crypto exchange market.

TREE NEWS update: B.AI announced that DeepSeek V4 Flash will no longer be free and will now be billed at a 50% discount. This change affects users of the AI model service.

TREE NEWS reports: The Smarter Web Company increased its Bitcoin holdings by 35 BTC, bringing its total to 2,747 BTC. This move reflects the company’s ongoing strategy of accumulating the cryptocurrency.

TREE NEWS reports: XRP ETFs have recorded net inflows of $170 million over 11 consecutive days, with Goldman Sachs emerging as the largest institutional holder. This trend highlights growing institutional interest in crypto-linked exchange-traded products.