Flash News

TREE NEWS update: Hyperliquid’s Builder Codes achieved nearly $1 billion in single-day nominal trading volume, setting multiple new records. This marks a significant milestone for the platform’s growth and adoption.

TREE NEWS reports: Six foreign brokerages in South Korea, including JPMorgan and Goldman Sachs, posted a combined net profit of 630.5 billion won ($455 million) in Q2, up 213.8% YoY, as the KOSPI broke 9,000 points. JPMorgan led with $148 million profit, while foreign trading volume surged 312%.

TREE NEWS reports: Bitcoin fell below 76,000 USDT on OKX, trading at 75,925.9 USDT, marking a 1.8% decline over the past 24 hours. The drop reflects ongoing market volatility.

TREE NEWS update: Polish crypto exchange Zondacrypto’s two consecutive CEOs have gone missing, and its parent company’s license has been revoked. The exchange faces regulatory turmoil as authorities crack down on its operations.

TREE NEWS reports: The European Union is reviewing whether to bring DeFi treasuries under the MiCA framework, according to a recent analysis. However, experts point out that the decentralized nature of these protocols makes regulation highly challenging, potentially requiring new supervisory approaches.

TREE NEWS update: Fundstrat’s Tom Lee suggests that as AI trading moves downstream, Ethereum (ETH) may emerge as a beneficiary. He argues that the shift could drive demand for ETH, given its role in powering decentralized applications and smart contracts.

TREE NEWS reports: The New York Post reports that Rep. Rashida Tlaib, a vocal opponent of the CLARITY Act, holds up to $30,000 in Bitcoin and Ethereum-related ETFs. This disclosure raises questions about potential conflicts of interest given her legislative stance on crypto regulation.

TREE NEWS update: The current Crypto Fear & Greed Index stands at 67, reflecting a state of greed in the market. This sentiment metric suggests investors are currently optimistic about cryptocurrency prices.

TREE NEWS reports: US Representative Rashida Tlaib has disclosed holdings in Bitcoin and Ethereum ETFs, according to a report from ChainCatcher. The disclosure highlights growing political interest in crypto assets.

TREE NEWS update: Three Canadian provincial premiers have voiced support for retaliatory measures against US tariffs. This marks a significant escalation in the trade dispute between the two countries, potentially impacting global markets.

TREE NEWS reports: ECX plans to launch its mainnet on October 31, with most Bitcoin holders eligible to receive ECX tokens at a 1:1 ratio. The move aims to integrate Bitcoin into the ECX ecosystem, potentially enhancing liquidity and utility.

TREE NEWS update: The cryptocurrency market saw a broad pullback among altcoins, with TAC experiencing a sharp decline of over 40% in the past 24 hours. This reflects a risk-off sentiment in the crypto space.

TREE NEWS reports: Data shows Coinbase’s Bitcoin negative premium has persisted for 97 days, setting a new historical record. This prolonged discount indicates sustained selling pressure on the US exchange, reflecting bearish sentiment among institutional investors.

TREE NEWS update: Data shows USDC circulation increased by approximately 800 million tokens over the past 7 days. This reflects growing demand for the stablecoin, potentially indicating increased market activity.

TREE NEWS update: Grayscale suggests that Bitcoin’s current price could present an advantageous entry point for long-term investors, citing historical patterns and market conditions. The report highlights potential upside despite recent volatility, framing the dip as a buying opportunity for patient capital.

TREE NEWS reports: Polygon co-founder is advancing reforms to staking and tokenomics, with POL staking yields expected to nearly double. The proposal aims to enhance network security and participation.

TREE NEWS reports: South Korea’s crypto market is seeing accelerated institutionalization as corporate accounts at five major exchanges total 6,590, with Bithumb accounting for nearly half. This shift signals growing institutional participation in the Korean digital asset sector.

TREE NEWS update: In June, former President Donald Trump reduced his holdings in Coinbase and Strategy, while increasing his position in Robinhood. The moves reflect a shift in his crypto-related equity portfolio.

TREE NEWS update: Meme coins on Solana, BNB Chain, and Robinhood have seen daily trading volume surpass $310 million, indicating sustained retail interest in speculative crypto assets. The surge highlights the ongoing popularity of meme tokens across multiple platforms.