Flash News

TREE NEWS reports: Blockchain security firm CertiK reported that Term Labs suffered a governance attack resulting in losses of approximately $8.5 million. The incident highlights ongoing vulnerabilities in decentralized governance mechanisms.

TREE NEWS reports: Analysts suggest Bitcoin could soon form a ‘golden cross’ pattern, indicating potential bullish momentum. They note that the current market structure differs from the 2022 cycle, with different dynamics at play.

TREE NEWS reports: Jiang Zhuoer suggests that relatively stronger ETF inflows could be a reason why ETH outperforms BTC in the current cycle. He notes that while BTC ETFs have seen significant inflows, ETH ETF inflows have been proportionally larger relative to market cap, driving ETH’s price momentum.

TREE NEWS update: Data shows that current funding rates across major centralized and decentralized exchanges indicate Ethereum has entered a bullish zone, while Bitcoin remains neutral. This suggests traders are increasingly positioning for an ETH rally relative to BTC.

TREE NEWS update: Bitcoin’s Puell Multiple has risen to 0.96, marking the largest increase in nearly three months. This metric suggests miners’ profitability is improving, potentially signaling a positive outlook for Bitcoin’s price.

TREE NEWS update: Hyperliquid’s weekly revenue surged nearly 196% to $16.93 million, according to data. This marks a significant growth in the platform’s earnings.

TREE NEWS reports: Data shows that a whale’s short position on ’10 Big Targets’ may have returned to profitability, with floating gains of approximately $770,000. This suggests potential market movements or strategic positioning by large traders.

TREE NEWS reports: Data shows that ‘Machi’ (Jeffrey Huang) has fully closed his BTC long position, incurring a loss of $2.46 million in the past day. The position was completely liquidated or closed, reflecting significant market volatility.

TREE NEWS update: Bitcoin’s hashprice surged 20.41% over four days, lifting miner revenue to $38.29 per PH/s. This increase signals improved profitability for miners amid market conditions.

TREE NEWS update: Bitfinex analysts attribute the recent Bitcoin rally to spot market demand and short covering, while cautioning that profit-taking could pose the biggest risk. The report highlights the current market dynamics and potential volatility ahead.

TREE NEWS reports: In the past hour, long positions in the cryptocurrency market have seen liquidations totaling $100 million, indicating a sharp market downturn. This rapid deleveraging event highlights the volatility and risk prevalent in the crypto space.

TREE NEWS reports: Polymarket odds of Bitcoin reaching $80,000 by the end of August have fallen to 43%, down 19% in the last 24 hours. This reflects cooling market sentiment for a near-term BTC rally.

TREE NEWS update: Bitcoin’s rapid rally is fueling retail investor FOMO, but analysts caution that a short-term correction is possible. The market’s overheating signals suggest volatility ahead.

TREE NEWS update: Amid market volatility, meme coins on Base, BSC, and Robinhood chains surged, led by Basecat’s surprise Coinbase listing. Bicat, BNBCAT, CashCat, and CATE also gained attention, highlighting the ‘exchange + chain + meme’ strategy.

TREE NEWS update: Hyperbot data shows that Machi Big Brother’s 40x leveraged Bitcoin long position has been fully liquidated amid a market downturn. He is now adding to HYPE and Ethereum longs, with his overall position value shrinking to $84 million and ROI dropping to 7.32%.

TREE NEWS update: Bitcoin has fallen below the $76,000 mark, signaling continued market volatility. The decline reflects ongoing selling pressure in the crypto market.

TREE NEWS reports: A major US banking organization has proposed that stablecoin secondary markets be subject to customer identification requirements, aiming to enhance regulatory oversight. This move could impact the broader crypto ecosystem by imposing stricter compliance measures on stablecoin trading platforms.

TREE NEWS update: As Bitcoin fell below $76,000, the trader known as ’10 Big Goals’ saw his BTC short position turn profitable, with floating gains around $800,000. He holds 1,830.724 BTC shorts with an average entry price of $76,397.56, and also has 12,756.739 ETH shorts with a small loss.

TREE NEWS update: In the past four hours, the total liquidation amount across the crypto market reached $114 million, with long positions bearing the brunt at $105 million, while shorts saw $8.25 million liquidated. ETH and BTC accounted for approximately $35 million and $26.5 million of the liquidations, respectively.