Flash News

TREE NEWS reports: Bitcoin spot ETFs recorded a total net inflow of $606 million on August 20, marking the fourth consecutive day of inflows. BlackRock’s IBIT led with $503 million, bringing its historical total to $62.187 billion, while Fidelity’s FBTC added $64.737 million. The total net assets of Bitcoin spot ETFs reached $90.164 billion, with a cumulative net inflow of $53.399 billion.

TREE NEWS update: Polymarket bettors now see an 82% probability that Ethereum will reach $2,400 during the remainder of August, up 40% in 24 hours. The surge reflects growing market optimism, though it remains a speculative prediction market data point.

TREE NEWS reports: WLFI co-founder denies Sun Yuchen’s claim of a major court victory, stating that no ruling was actually made. The alleged legal win appears to be fabricated, with no court decision to support it.

TREE NEWS reports: FalconX transferred approximately 1.42 million HYPE tokens worth about $104 million to major exchanges including Gate, Bybit, OKX, Coinbase, and KuCoin in the past day, indicating OTC buyers are reducing their holdings. Gate received the largest share at $34.14 million, followed by Bybit and OKX.

TREE NEWS update: In the past day, FalconX transferred approximately 1.42 million HYPE tokens, worth about $104 million, to multiple exchanges including Gate, Bybit, OKX, Coinbase, and KuCoin. OTC buyers have been continuously reducing their HYPE positions, with Gate receiving the largest share at $34.14 million.

TREE NEWS reports: Gold (XAUUSD) has broken above $4,550 per ounce, currently trading at $4,551.84, marking a 1.6% increase in the last 24 hours, according to Gate data. The rise reflects ongoing market uncertainty and investor demand for safe-haven assets.

TREE NEWS update: Gold (XAUUSD) surged past $4,550 per ounce, currently trading at $4,551.84, marking a 1.6% increase in the last 24 hours, according to Gate data.

TREE NEWS update: Polymarket bettors now assign an 82% probability that Ethereum will touch $2,400 in the remaining days of August, up 40% in 24 hours. The market, based on Binance’s ETH/USDT 1-minute highs, also shows a 50% chance of reaching $2,500. This reflects growing bullish sentiment for ETH in the short term.

TREE NEWS reports: South Korean lawmakers have proposed granting the Financial Intelligence Unit (FIU) expanded powers to investigate and refer unregistered cryptocurrency operators to law enforcement. This move aims to strengthen regulatory oversight of the crypto industry in the country.

TREE NEWS reports: The Bhutanese government transferred 490.87 BTC, valued at approximately $32.74 million, to a new wallet within 24 hours. This move is part of the country’s management of its cryptocurrency holdings, which include Bitcoin mined via state-backed operations.

TREE NEWS update: Morgan Stanley’s Bitcoin ETF (MSBT) has withdrawn 146.15 BTC from Coinbase Prime, as reported by data. This move indicates ongoing institutional activity in the crypto market. The ETF’s actions reflect continued interest from traditional finance in digital assets.

TREE NEWS reports: Pump.fun co-founder reveals that the Pump Foundation treasury holds close to $2 billion in assets. This marks a significant milestone for the memecoin launchpad platform.

TREE NEWS update: Prominent investor Yi Lihua stated that Bitcoin has ended its bear market trend and expects continued upward movement over the next two weeks. He remains optimistic on the cryptocurrency’s short-term prospects.

TREE NEWS reports: A whale or institution sold 871,000 HYPE tokens through FalconX within six hours, worth approximately $64.82 million. The large sell-off may indicate profit-taking or a strategic move, potentially impacting HYPE’s market price.

TREE NEWS update: JustLend DAO has officially launched its ‘Energy Direct Purchase’ feature on the TRON network, allowing users to buy energy directly for transactions. This aims to enhance user experience by simplifying access to network resources.

TREE NEWS reports: Coinbase’s bitcoin negative premium has persisted for 95 consecutive days, setting a new record for the longest streak. This indicates sustained selling pressure on US exchanges relative to global markets.

TREE NEWS update: The current Crypto Fear & Greed Index stands at 71, indicating a state of greed among market participants. This suggests heightened bullish sentiment in the cryptocurrency market.

TREE NEWS reports: Solana-based meme coin CATE has rebounded, breaking above $35 million in market cap with a 24-hour surge of over 140%. The rally highlights renewed speculative interest in Solana meme tokens.

TREE NEWS update: South Korean crypto exchange Bithumb announced it will list NEXO, the native token of the Nexo lending platform, against the Korean won. This move expands NEXO’s accessibility to Korean traders and signals continued integration of crypto lending tokens into major exchanges.