Flash News

TREE NEWS reports: Data shows that if ETH falls below $2,303, cumulative long liquidation intensity on major centralized exchanges could reach $1.372 billion. This highlights significant downside risk for leveraged long positions in the current market.

TREE NEWS reports: Strive’s SATA fund has raised sufficient capital to purchase over 160 Bitcoin, indicating strong investor interest in digital assets. The fundraising success highlights growing institutional adoption of crypto.

TREE NEWS reports: President Trump urged lawmakers to pass a ‘fair version’ of the Clarity Act to provide regulatory clarity for crypto. The CFTC warned it would draft its own rules if the bill stalls, while the SEC advanced its first crypto fundraising framework.

TREE NEWS reports: BitcoinTreasuries.NET reports that Strive’s SATA fund has raised enough funds to purchase over 160 bitcoins today. This highlights the growing trend of traditional asset managers entering the crypto space through Bitcoin treasury strategies.

TREE NEWS update: Venice founder Erik Voorhees revealed an unannounced rewards program to distribute VVV tokens to loyal users, part of a broader strategy to make the token deflationary and eventually burn all tokens. The plan aims to increase token scarcity and reward community engagement.

TREE NEWS update: Bitcoin’s price surged, marking its strongest weekly performance since 2023, leading to significant losses for short sellers. The rally reflects continued bullish momentum in the crypto market.

TREE NEWS update: Strategy, formerly MicroStrategy, now holds about $1.4 billion in unrealized gains on its Bitcoin treasury as the cryptocurrency’s price surpassed its average acquisition cost. The company had previously faced a $13 billion paper loss during the market downturn.

TREE NEWS reports: SpaceXAI has announced an expansion of the availability of its Grok robot, making it accessible to a wider user base. The move signals the company’s continued push into AI-driven robotics, though details on the scale and timeline remain limited.

TREE NEWS update: Tesla has received permission from Nevada regulators to produce 5,000 autonomous vehicles in the state. This approval marks a significant step forward for Tesla’s self-driving ambitions and could pave the way for broader deployment of robotaxis.

TREE NEWS update: A Polymarket account that lost nearly $1.2M bought $155K worth of shares predicting Spirit would beat Vitality in the CS2 EWC Cup, at an average price of 42.9 cents. The match started on August 22 with Spirit leading 11:9 in Game 1.

TREE NEWS reports: Pakistan announced a new regulatory framework for crypto after nearly a decade-long ban, inviting foreign businesses to set up operations. The move follows the country’s Virtual Assets Act progress, signaling a shift toward embracing digital assets.

TREE NEWS update: Nscale, an AI infrastructure company, is reportedly planning a US IPO to raise up to $3 billion. The move underscores the growing investor appetite for AI-related offerings in the public markets.

TREE NEWS reports: Data shows Binance experienced a net outflow of 247 million USDT over the past 24 hours, indicating significant capital movement. This could signal shifts in market sentiment or large withdrawals by users.

TREE NEWS reports: Goldman Sachs analysts, including Lina Thomas, report that surging demand for gold call options increases the risk of sharp two-way price movements in gold. They maintain their forecast of $4,900 per ounce by end-2026 but note significant upside risk and greater volatility.

TREE NEWS update: Elon Musk announced that SpaceX’s Starlink constellation now consists of 11,000 satellites in orbit. This marks a significant expansion of the satellite internet network.

TREE NEWS reports: US spot Bitcoin ETFs saw inflows of $606 million on Thursday, marking their largest single-day haul since May. BlackRock accounted for 83% of the inflows, while altcoin funds also saw activity.

TREE NEWS reports: Bitcoin’s surge past $79,000 has ignited a rally in crypto-related stocks, with miners and BTC treasury companies seeing sharp gains. The move highlights growing institutional adoption and market optimism around digital assets.

TREE NEWS update: Bitcoin mining and digital asset treasury stocks rallied as BTC surpassed $79,000, boosted by the US Treasury’s expanded long-term bond buyback plan and improved liquidity expectations. Canaan rose over 25%, MARA gained 16%, and Strive, holding over 20,000 BTC, climbed 16%. Trump’s comments on potential US government BTC purchases and the CLARITY Act also fueled optimism.

TREE NEWS update: SpaceX successfully launched and deployed 29 Starlink satellites into orbit. This mission is part of the company’s ongoing effort to expand its satellite internet constellation.