Flash News

TREE NEWS reports: Binance employees questioned by UAE authorities have been cleared and released after providing statements about third-party fund flows through a company client account. A spokesperson confirmed the development to Cointelegraph.

TREE NEWS reports: Spot gold fell $20 in early trading to $4,566.49 per ounce. The decline reflects ongoing market volatility amid global economic uncertainties.

TREE NEWS update: Ethena transferred 170 million ENA tokens to FalconX and then retrieved them, increasing in value by $9.59 million over three days. This movement highlights the volatility and potential profit in managing large token holdings.

TREE NEWS update: Nvidia is broadening its AI infrastructure footprint by investing in a power developer, aiming to secure energy for its expanding data center operations. This move underscores the growing intersection of AI and energy sectors.

TREE NEWS reports: Nvidia is reportedly set to announce its investment in Cloverleaf this Friday, according to ChainCatcher. The move signals Nvidia’s continued expansion into AI-related ventures, though specific financial details remain undisclosed.

TREE NEWS update: Crypto analyst Ansem expressed optimism about Robinhood’s chain-related stocks in the current market cycle, citing potential growth in the crypto and RWA sectors. He expects these assets to perform well as blockchain adoption increases.

TREE NEWS reports: Vitalik Buterin has published research on ‘partial homomorphic’ cryptography, exploring next-generation obfuscation techniques that could become a fundamental primitive in cryptography. The work aims to advance privacy and security in blockchain applications, potentially impacting crypto and RWA tokenization.

TREE NEWS reports: Former President Donald Trump plans to allocate $400 million from his Super PAC to support Republican candidates in the upcoming midterm elections. This move underscores his continued influence over the party’s political direction.

TREE NEWS update: Yangtze Memory Technologies, a Chinese NAND flash memory maker, has had its IPO application accepted on the STAR Market, moving to the ‘accepted’ review stage. This marks a significant step toward its listing on the Shanghai stock exchange.

TREE NEWS reports: China’s Central Cyberspace Affairs Commission announced plans to accelerate legislation in emerging fields including AI, anti-cyberbullying, digital economy, online platforms, and blockchain. This move signals the government’s intent to regulate these sectors more comprehensively.

TREE NEWS update: SK Hynix stated that it has not yet made a decision regarding the construction of a semiconductor production facility in Japan. The company is still evaluating various factors before reaching a conclusion.

TREE NEWS reports: Blockchain intelligence firm TRM Labs reports a 40% increase in the use of AI in crypto-related crimes over the past year. The findings highlight the growing sophistication of illicit actors leveraging AI technologies for fraudulent activities.

TREE NEWS update: Standard Chartered has revised its Bitcoin forecast, suggesting the cryptocurrency could reach $126,000 by the end of the year, calling its previous $100,000 target too conservative. The bank cites growing institutional adoption and market momentum as key drivers.

TREE NEWS update: A major whale who previously set 10 ambitious targets has partially closed losing short positions on Bitcoin and Ethereum, realizing losses of $10.158 million. The move suggests a shift in sentiment or risk management amid market volatility.

TREE NEWS reports: A prominent whale has outlined ambitious price targets for Bitcoin, predicting a gradual upward trend in the current cycle and a potential surge to $100,000 by March next year. The forecast suggests continued bullish momentum for the cryptocurrency market.

TREE NEWS update: Standard Chartered’s Geoff Kendrick suggested Bitcoin could reach its $126,000 all-time high after Oct. 6 as spot ETF inflows recover, questioning the bank’s own $100,000 year-end forecast as potentially too low. The statement reflects renewed optimism for Bitcoin’s price trajectory amid recovering institutional interest.

TREE NEWS reports: Arthur Hayes suggests that a Bitcoin short squeeze could reignite the Ethena flywheel, potentially boosting ENA yields to 9%. The comment highlights the interplay between crypto market dynamics and DeFi yield generation.

TREE NEWS reports: Blockchain monitoring data shows that 500 million USDT was transferred out of Binance, a major crypto exchange. The move could signal large-scale buying or institutional activity, but its exact purpose remains unclear.

TREE NEWS update: Citi recommends buying dips in US equities, suggesting that any pullback before the US midterm elections could present a strategic entry point. The bank’s view implies optimism despite potential volatility.