Flash News

TREE NEWS reports: Strive investment VP Adam Livingston said that if gold rises 15% to $4,760 an ounce and the BTC/gold ratio recovers from about 20.4 ounces to its December 2024 high of about 40.1 ounces, bitcoin would be worth roughly $190,858. On that basis, Strategy’s 847,666 BTC would be valued at about $161.8 billion against a cumulative cost of about $63.95 billion, or an average buy price of about $75,437, implying unrealized gains of roughly $98 billion.

TREE NEWS reports: Glassnode said investors who bought Bitcoin at higher prices are now selling at a loss, with two groups underwater: buyers from 1-2 years ago at $97,000 and buyers from 6-12 months ago at $89,000. Investors who entered during the 2025 rally are currently selling the most Bitcoin per day, while those who bought during market downturns have not sold in large volumes.

TREE NEWS update: Greek police dismantled a crypto investment fraud ring and arrested 17 people, nine of them military personnel. Investigators say about 10,000 investors put in an average of roughly €800 each, with losses estimated at over €8 million. The scheme ran on a pyramid-style referral model, froze withdrawals and promised investors double their money back within 50 days. Police seized about €280,000; the investigation continues.

TREE NEWS update: TRON DeFi Summer S3 will launch on October 4 at 08:00 SGT with a total prize pool of $2 million, split across four asset pools: $1 million in TRX, $600,000 in USDD, $300,000 in JST and $100,000 in SUN. The four pools open simultaneous 60-day Boosted APR incentives, accessible via Binance Wallet DeFi into JustLend DAO. S2 holders automatically retain S3 reward eligibility without extra action.

TREE NEWS reports: VanEck digital assets research head Matthew Sigel said bitcoin is in the early stages of a bull market, with the firm setting a mid-term target of half of gold’s market capitalization, equivalent to about $500,000 per coin. Sigel said bitcoin could reach $3 million by 2050 if it captures a significant share of global energy trade, noting its correlation with gold has hit multi-year highs and spot ETF inflows continue to support the market.

TREE NEWS reports: Prediction market data shows the probability of GPT Astra 6.1+ launching by October 31 on Polymarket climbed to 46%, up 21% in 24 hours. The market resolves “Yes” if OpenAI releases a GPT model numbered 6.1 or higher with “Astra” in its name or model identifier to the public before the specified date. Closed testing or placeholder names on OpenAI’s website do not count, with settlement based mainly on OpenAI’s official information.

TREE NEWS reports: CryptoQuant founder Ki Young Ju said Bitcoin’s bull market has begun and the market is in the early stage of a new cycle, forecasting a 3-5x gain this cycle rather than the 10x-plus surges of the past. He attributed the change to ETFs becoming the main source of liquidity, a larger market and greater institutional participation, and said long-term holder selling has stopped as new capital flows in. Bitcoin reclaimed the key 83,000 annual line by the end of September.

TREE NEWS update: Bitget’s PoolX will list Concrete (CT), letting users lock BTC to share a 1,111,111 CT airdrop, with a personal cap of 50 BTC. The lockup window runs from 22:00 on Oct. 4 to 22:00 on Oct. 12 (UTC+8). The round supports a long-term holding bonus based on each user’s minimum balance of the locked asset over the past 15 days.

TREE NEWS reports: Solana-based meme coin PAID has fallen below $6 million in market capitalization, down more than 88% from its all-time high of $51.61 million. The token’s market cap currently sits at $5.88 million, with a 24-hour decline of nearly 40%.

TREE NEWS update: PONS founder Ozzy responded to community questions about the project’s buyback-and-burn mechanism, saying the process is now automated and any user can trigger the bot for a small reward. The team upgraded the contract so funds are claimed every seven days, followed by a seven-day buyback-and-burn cycle, with the buyback rate set at 2e per hour to match roughly $950,000 in the Splitter contract. Ozzy apologized for earlier miscommunication.

TREE NEWS update: Hyperliquid’s USDC yield program has generated $14.6 million for HYPE buybacks, with the first reserve-yield payment awaiting transfer to the Assistance Fund. The buyback funding is tied to USDC balances rather than trading volume, marking a shift in how the program supports the token.

TREE NEWS update: Bitwise CEO Hunter Horsley said on X that he personally bought the Bitwise NEAR ETF, without disclosing the amount. Horsley had previously said investors bought into the fund during NEAR’s pullback, and the ETF drew roughly $9 million in net inflows on its third day of trading.

TREE NEWS reports: Bitcoin’s rally toward $87,000 was capped by whale profit-taking of more than 30,000 BTC and by the top of a channel that has contained price for over two weeks, analyst Ali Charts said. He is watching support near $82,500 at the channel’s lower boundary; a pullback there accompanied by renewed whale accumulation could signal a dip-buying entry, with a rebound toward the $87,000 resistance.

TREE NEWS update: China won the men’s football bronze medal at the Aichi-Nagoya Asian Games, beating Uzbekistan in a penalty shootout after the match ended 2-2 in regulation time. It is China’s first Asian Games men’s football medal in 28 years, since the bronze won at the 1998 Bangkok Asian Games.

TREE NEWS reports: A Hyperliquid address, 0xde8…d9524, holds the largest unrealized profit on an ETH position across the platform at $16.52 million, on-chain analyst Ai Yi reported on October 3. The address has built its ETH long since mid-August, holding about 30,300 ETH worth roughly $81.96 million at an average entry price of $2,134.45, a 407.96% return. It has placed a limit sell order at $4,000, 49% above the current price.

TREE NEWS reports: The TRUMP token team has transferred about 81.87 million TRUMP from its team wallet to centralized exchanges including Binance and OKX over the past eight months, unlocking and cashing out $249 million, on-chain monitor Yu Chen reported on Oct. 3. The team was initially allocated 80% of the total supply, or 800 million TRUMP, and still holds roughly 718 million tokens, or 71.8% of supply, worth about $1.49 billion.

TREE NEWS update: NEAR Protocol co-founder Illia published a set of developer project ideas on X on October 3, covering AI, cross-chain payments and private transactions. He said a large number of new and veteran developers have been building on NEAR in recent weeks and that development itself has become easier. The key question now, he added, is what to build and how to secure user distribution.

TREE NEWS reports: Stablecoin total market capitalization has shrunk by $14 billion since May, CryptoQuant analyst Darkfost said, pointing to weak liquidity inflows into crypto markets. Since September the figure has rebounded by $4 billion, lifting the total to about $270 billion. Darkfost said the trend appears to be reversing but the recovery remains weak, and stronger momentum is needed to push Bitcoin to a new high.

TREE NEWS reports: Gate recorded the largest 24-hour net inflow among global centralized exchanges at about $46.03 million. Bybit ranked second with roughly $44.38 million, while Crypto.com placed third at approximately $37.66 million.