Flash News

TREE NEWS update: South Korean crypto exchange Upbit saw its 24-hour trading volume spike 223.8% to $1.67 billion, indicating a surge in market activity. This sharp increase reflects heightened investor interest in the crypto market.

TREE NEWS reports: Nvidia is reportedly in discussions to acquire Rebellions, an AI chip manufacturer. The deal, if completed, would bolster Nvidia’s position in the AI hardware market. No financial terms have been disclosed yet.

TREE NEWS update: BitMEX co-founder Arthur Hayes stated that Ethereum is his largest holding after Bitcoin, predicting that once ETH breaks above $3,000, it could quickly rally to $5,000. His comments reflect growing optimism in the crypto market.

TREE NEWS update: Bitcoin ETFs saw $608 million in inflows, pushing August’s total to a 2026 high of $2.07 billion as Bitcoin traded above $75,000. Ether ETFs also experienced their largest single-day inflow since October, with Ether climbing to $2,357.

TREE NEWS reports: Data shows that Ethereum’s total open interest across all exchanges increased by 5.32% in the past 24 hours, indicating growing market activity and potential volatility. This movement reflects continued interest in the cryptocurrency market.

TREE NEWS update: HSBC has raised its price target for Nvidia to $360, citing strong demand for AI chips and robust growth prospects. The new target implies a significant upside from current levels, reflecting confidence in the company’s continued market leadership.

TREE NEWS reports: Huawei founder Ren Zhengfei shares his views on artificial intelligence, highlighting its transformative potential and the need for global collaboration. He emphasizes the importance of AI development for future economic growth and urges a balanced approach to regulation and innovation.

TREE NEWS update: Data shows that Garrett Jin’s $97 million Bitcoin long position has turned profitable, with floating gains exceeding $500,000. The position, which was previously underwater, has now moved into the green amid recent price action.

TREE NEWS update: A mysterious whale has deposited a total of $850 million worth of Bitcoin into Binance, according to on-chain data. This large transfer could signal an impending sell-off or repositioning by a major holder, potentially impacting market sentiment.

TREE NEWS reports: China’s Ministry of Finance announced that the 2025 fiscal expenditure budget has been set at over 30 trillion yuan, a historic first. This marks a significant expansion in fiscal policy to support economic growth.

TREE NEWS update: MSX will open the third phase of its Pre-IPO subscription on August 31, exclusively offering shares in Neuralink and Anduril. This move allows investors to access private companies before their public listings.

TREE NEWS reports: OpenAI is reportedly testing a new image generation model called ‘luna-lisa-alpha’, which may be an early version of GPT Image 2.5. The model is said to be in internal testing, with no official announcement yet.

TREE NEWS reports: Data shows Hyperliquid’s USDC supply is increasing. AQAv2 is scheduled to launch on August 26.

TREE NEWS update: Bitcoin has broken through the $76,000 mark, reaching a new all-time high. The surge reflects strong market momentum and growing investor interest in cryptocurrencies.

TREE NEWS reports: WEEX completed its Q2 2026 WXT token burn, destroying tokens valued at $1.096 million. This reduces the total supply and is part of the exchange’s ongoing deflationary strategy.

TREE NEWS update: NetEase-incubated Qianhe Yibang announced the successful activation of the world’s first 4-layer 3D DRAM stacked compute-in-memory chip, a breakthrough in semiconductor technology. The innovation promises significant performance and energy efficiency gains for AI and high-performance computing applications.

TREE NEWS reports: Tron founder Justin Sun announced that HTX exchange has upgraded its security architecture, including enabling multi-address withdrawals. This move aims to enhance fund safety and operational resilience for users.

TREE NEWS update: A whale who previously withdrew $140M worth of ETH has deposited 10,900 ETH into an exchange, likely to sell. If sold, the whale would realize a profit of approximately $4.817 million. The move could signal upcoming selling pressure on Ethereum.

TREE NEWS reports: Poolin Technology has filed for bankruptcy protection, with an asset sale hearing scheduled for September 18. The move marks a significant downturn for the crypto mining firm.