Flash News

TREE NEWS reports: Futu Holdings saw its pre-market stock price surge by 10%, indicating strong investor sentiment. The move comes amid broader market dynamics, though specific catalysts were not detailed.

TREE NEWS update: Alibaba Cloud reported a 45% growth in external revenue, with AI-related product revenue surging triple digits. This underscores the strong demand for cloud and AI services in China, which may have indirect implications for crypto and RWA sectors relying on cloud infrastructure.

TREE NEWS update: OCC Comptroller Jonathan Gould announced at the Wyoming Blockchain Symposium that the agency is moving quickly to finalize stablecoin rules under the GENIUS Act, aiming to beat a January statutory deadline after missing an earlier July target. The urgency reflects the growing importance of stablecoin regulation in the crypto market.

TREE NEWS reports: GnosisDAO has approved Gnosis Chain’s transition into an EEZ Rollup, making it the first production-grade instance. This move integrates the chain more closely with Ethereum’s rollup ecosystem, enhancing scalability and security.

TREE NEWS update: NetEase’s US-listed shares dropped 6% in premarket trading. The decline comes amid broader market volatility and investor concerns. No specific company news was cited.

TREE NEWS update: Meta is facing a potential penalty ranging from $4M to $1.4T in a consumer protection lawsuit, with a judge deciding the amount. The stock has dropped 8.4% since jury selection, underperforming the S&P 500. The author suggests that the market may be mispricing Meta’s earnings multiple and advertising business, rather than the outcome of the trial.

TREE NEWS update: In the past 24 hours, the entire crypto market has seen liquidations exceeding $4 billion. This significant event highlights extreme volatility and leverage in the market.

TREE NEWS reports: Glassnode reports that Bitcoin’s single-day closing gain is the largest upward volatility since October 2023. This marks a significant price movement for the leading cryptocurrency, indicating renewed market momentum.

TREE NEWS update: The US Treasury has doubled its Treasury buyback program, a move that could increase liquidity and impact market rates. Meanwhile, Standard Chartered predicts Bitcoin will reach $100,000 by the end of the year, citing improved market conditions.

TREE NEWS reports: GnosisDAO has approved Gnosis Chain to transition into an Ethereum Economic Zone (EEZ) rollup, allowing it to settle directly on Ethereum instead of maintaining an independent validator set. This move aligns Gnosis Chain more closely with Ethereum’s ecosystem, potentially enhancing security and interoperability.

TREE NEWS reports: A whale holding a short position of 240 BTC, valued at $85.58 million, has been partially liquidated. The liquidation occurred as Bitcoin’s price moved against the position, triggering margin calls. This event highlights the volatility in the crypto market.

TREE NEWS update: Data shows that two addresses were liquidated for a total of $45.77 million within 30 minutes. This highlights significant market volatility and potential leverage risks in the crypto market.

TREE NEWS reports: Niulai’s market cap surged past $60 million, setting a new all-time high with a 24-hour gain exceeding 43%. This rapid price increase highlights strong momentum in the crypto market.

TREE NEWS reports: A whale has opened a 20x leveraged short position on 500 Bitcoin, valued at approximately $35.8 million. The trade signals a bearish bet on the leading cryptocurrency.

TREE NEWS update: The ongoing US-Iran standoff has driven both WTI and Brent crude oil futures to record highs. This geopolitical tension is fueling supply concerns in the energy market.

TREE NEWS reports: The South Korean government announced that profits from virtual assets held in personal wallets and on overseas exchanges will be subject to taxation. This move extends the country’s crypto tax regime beyond domestic exchanges, aiming to close loopholes and ensure comprehensive taxation of digital asset gains.

TREE NEWS update: The SEC is considering two compliance pathways for crypto projects, with over 1,600 projects having raised funds within the $5 million cap over four years. This move could provide clearer regulatory guidelines for the industry.

TREE NEWS update: A whale has reduced its position by selling 419.62 BTC and 9969.37 ETH. The move comes amid market volatility, reflecting a cautious stance.

TREE NEWS reports: Moderna’s shares fell more than 13% in premarket trading, reflecting a significant decline. The drop is likely driven by recent news or market sentiment, though specific details are not provided in the source.