Flash News

TREE NEWS update: Nvidia has made a strategic investment in Lancium, a power infrastructure developer. The move underscores Nvidia’s push into energy infrastructure to support AI data centers. Financial details were not disclosed.

TREE NEWS reports: Two digital asset advocacy groups have filed a lawsuit against Illinois’ 0.2% digital asset tax, following a similar suit by the Digital Chamber in July. The groups argue the tax violates constitutional and due process rights, potentially setting a precedent for state-level crypto taxation.

TREE NEWS update: Lancium, a data center and energy management company, has received a strategic investment from Nvidia. The investment aims to support Lancium’s growth in AI infrastructure and clean energy solutions for data centers.

TREE NEWS reports: Lancium announced a collaboration with Nvidia to build AI factories, leveraging Nvidia’s technology to power large-scale AI computing infrastructure. The partnership aims to address the growing demand for AI processing capabilities.

TREE NEWS update: Coinbase announced it will add BASECAT and DRB to its spot trading platform, expanding its available assets. The listing is part of Coinbase’s ongoing effort to increase token offerings, though no specific timeline was provided.

TREE NEWS reports: Coinbase announced it will open BASECAT-USD and DRB-USD spot trading today, subject to liquidity conditions and regional support. The listings expand Coinbase’s asset offerings for these tokens.

TREE NEWS update: Huang Licheng, a prominent crypto investor, increased his Bitcoin long position by adding a $12 million long order, bringing his total position to approximately $87.44 million. The move signals continued bullish sentiment on Bitcoin amid market volatility.

TREE NEWS reports: A recent analysis indicates that the cryptocurrency price surge has positively impacted protocol revenues, with perpetual futures revenue jumping 243% last week. This highlights the direct correlation between market conditions and DeFi protocol earnings.

TREE NEWS reports: In the past 4 hours, the crypto market saw $185 million in liquidations, with about 85,000 traders liquidated in the last 24 hours. This indicates high volatility and leverage in the market.

TREE NEWS reports: Bitcoin’s total open interest across exchanges rose 5.47% in the last 24 hours, indicating increased market activity. This move reflects growing trader participation but does not signal a specific directional bias.

TREE NEWS update: The market capitalization of PONS briefly exceeded $83 million, setting a new all-time high. This surge reflects strong market interest in the token.

TREE NEWS update: Bitmine has acquired an additional $81 million worth of Ethereum, bringing it closer to its goal of holding 5% of the total ETH supply. The purchase comes as Ethereum outperforms Bitcoin in recent market movements, underscoring the company’s bullish stance on the second-largest cryptocurrency.

TREE NEWS reports: BlackRock’s IBIT Bitcoin ETF saw record single-day call options volume, with daily averages exceeding one million contracts over the past three trading days. This surge indicates heightened bullish sentiment and institutional interest in Bitcoin exposure via regulated ETFs.

TREE NEWS update: Huang Licheng’s leveraged Bitcoin long position has increased to $75.79 million with a 40x leverage, at an entry price of $79,390.5. This aggressive bet highlights significant risk appetite in the crypto market.

TREE NEWS update: Bitmine continues its 14-month Ether accumulation, nearing its target as ETH surpasses $2,500. The breakout highlights growing corporate interest in crypto treasuries.

TREE NEWS update: Galaxy Research reported that a Bitcoin Core v29 node observed an orphan block at height 963,853. This indicates a temporary chain split or reorg, highlighting the importance of node synchronization in the Bitcoin network.

TREE NEWS update: Iconic Digital has increased its Bitcoin holdings by 21 BTC, bringing its total to 2,882 BTC. This move reflects continued institutional accumulation of the cryptocurrency.

TREE NEWS update: StarkWare has delegated 25 million STRK tokens to support the Starknet ecosystem, aiming to boost network activity and community initiatives. This move underscores StarkWare’s commitment to the growth and decentralization of Starknet.

TREE NEWS reports: Nvidia, Apollo, BlackRock, and others signed a MoU to mobilize $500B+ for GPU-backed financing, while CME announced GPU rental futures launching Oct 5. FalconX completed the first OTC compute swap, and Polymarket saw its first institutional on-chain block trade, signaling compute’s transformation into a financial asset.