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Flash News

24/7 coverage of global Web3 & AI markets

Aug 24
09:15

Ten addresses linked to the entity ‘bit’ hold long positions in ETH and BTC worth over $323 million, with unrealized profits exceeding $41.95 million. The data highlights significant bullish exposure to the two largest cryptocurrencies.

Crypto
09:05

Yi Lihua predicts that in the current bull market, Bitcoin and Ethereum will deliver returns exceeding 3 times, with Ethereum expected to rebound more than Bitcoin. He suggests investors focus on these major assets for substantial gains.

Crypto
09:05

Fundstrat’s Tom Lee notes that Ethereum’s 30% weekly rally historically signals continued upward momentum. He suggests that such strong weekly gains have often been followed by further price appreciation, implying a bullish outlook for ETH.

Crypto
09:05

Google Cloud and Verizon have entered into a strategic AI framework agreement, aiming to leverage Google’s AI and cloud capabilities to enhance Verizon’s network operations and customer experiences. The partnership underscores the growing integration of AI in telecom infrastructure, though it has no direct connection to crypto or RWA tokenization.

AI × Crypto
09:00

Hyperliquid’s policy center has submitted recommendations to the SEC and CFTC, suggesting that equity perpetual contracts be classified as security futures. This move aims to clarify regulatory oversight for these innovative financial products.

CryptoRegulation
09:00

In June, foreign investors poured $133.5B into US markets but sold $29B in short-term Treasury bills, favoring equities over government debt. This shift highlights the US government’s growing reliance on stablecoin issuers like Tether and Circle, whose reserves in T-bills could offset declining foreign demand, though recent token issuance is too small to explain the selloff.

RWAMacro
08:54

Bitcoin closed its largest weekly candle ever in notional value, surging to $78k, with top altcoins posting 50%+ gains in a massive rebound. MicroStrategy’s Strategy, led by Michael Saylor, is back in profit as the crypto market rallies.

CryptoUS Stocks
08:50

Trade negotiations between the US and Canada have collapsed, with Washington accusing Ottawa of increasing its demands at the last moment. The failure raises the risk of renewed tariffs and market uncertainty.

Macro
08:50

XPeng Robotics, the robotics unit of Chinese EV maker XPeng, has completed a $900 million funding round at a $6.3 billion valuation, led by IDG Capital. The round underscores investor enthusiasm for embodied AI and robotics, though it has no direct link to crypto or RWA tokenization.

AI × Crypto
08:49

Strategy (formerly MicroStrategy) raised $2 billion by selling MSTR stock and established a ‘USD cash’ liquidity account, which it may use to buy more Bitcoin. The company has not purchased Bitcoin since June.

CryptoUS Stocks
08:45

Strategy, formerly MicroStrategy, raised $2 billion through common share sales and launched a $1.59 billion cash pool, while maintaining its Bitcoin holdings at 840,447 BTC. The company paused new Bitcoin purchases, indicating a strategic shift toward capital management.

CryptoUS Stocks
08:39

BitMine increased its ETH holdings by 32,447 ETH last week, bringing its total to approximately 5.848 million ETH. This move underscores continued accumulation by major Ethereum holders.

Crypto
08:27

Hyperliquid is reportedly moving to enter the US regulated market, potentially intensifying competition with platforms like Coinbase. This strategic shift could expand its reach in the crypto trading landscape.

CryptoRegulation
08:27

Strategy announced a $100 million fund to increase its Bitcoin holdings. The fund aims to leverage capital markets to acquire more BTC, reinforcing the company’s crypto-focused treasury strategy.

CryptoUS Stocks
08:19

A whale transferred 8 million USDC to Hyperliquid and opened a long position worth $71.8 million in Bitcoin and Ethereum. The move signals significant bullish sentiment from large traders on the platform.

CryptoDeFi
08:14

Pakistan has mandated that all crypto firms serving Pakistani users since March must apply for clearance by September 5, followed by local incorporation. This regulatory move aims to bring crypto operations under official oversight.

CryptoRegulation
08:10

Blockchain investigator ZachXBT’s probe led to the freezing of 93,000 USDT allegedly linked to two violent home invasion robberies in France. This highlights the use of crypto in crime and the role of on-chain sleuths in assisting law enforcement.

CryptoRegulation
08:10

Strive increased its Bitcoin holdings by 1,110 BTC last week, bringing its total to over 21,000 BTC. This move underscores continued institutional accumulation of the cryptocurrency.

Crypto
08:05

Strategy raised $2.0065 billion through its ATM program last week without purchasing additional Bitcoin. The proceeds were used to repurchase STRC preferred shares. This move reflects ongoing capital management rather than new BTC accumulation.

CryptoUS Stocks
08:05

Standard Chartered Bank (Hong Kong) has become the first bank to distribute a Hong Kong dollar-backed stablecoin, marking a significant step for regulated stablecoin adoption in the region. The move aligns with Hong Kong’s new stablecoin licensing regime, positioning the bank as a pioneer in bridging traditional finance with digital assets.

RWARegulation
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