Flash News

TREE NEWS reports: Strive CEO predicts Bitcoin could experience its strongest macro tailwind period in the next 5-7 years. The statement suggests favorable conditions for the leading cryptocurrency, potentially driven by macroeconomic factors.

TREE NEWS update: Hong Kong’s ZD Group has been classified as a fraud case by the Hong Kong police, involving HK$1 billion in IPO ‘subscription’ funds. The company is accused of misappropriating funds intended for new stock subscriptions, marking a major scandal in the city’s financial sector.

TREE NEWS update: HSBC and Standard Chartered have completed the first live transaction using Swift’s blockchain ledger, which matched and netted obligations across the banks’ separate platforms. Final settlement still ran through existing systems, marking a step toward integrating blockchain with traditional finance.

TREE NEWS reports: Maya Protocol suffered an exploit that drained $1.7 million from its shared liquidity pools, prompting a global halt. Founder Aaluxx pledged to fix and recover the funds in full, while routing service LeoDex confirmed the halt.

TREE NEWS update: The China Gold Association has issued a response to US sanctions and the London Bullion Market Association’s (LBMA) suspension of Xinjiang-related gold enterprises. This move highlights geopolitical tensions affecting the global gold market, though it does not directly pertain to tokenization or crypto assets.

TREE NEWS reports: Fidelity’s clients purchased $134 million worth of Bitcoin over the past two days, according to data. This significant inflow underscores growing institutional interest in the cryptocurrency.

TREE NEWS update: The SEC has introduced proposed rules that, if formalized, could bring regulatory clarity to crypto. This development may lead to a surge in initial coin offerings (ICOs) in the United States.

TREE NEWS update: Nvidia is looking to expand its business operations in the Nordic region, according to a report. The move may involve partnerships or investments in the area’s tech ecosystem. Details are limited at this time.

TREE NEWS reports: Solana’s stablecoin ecosystem has hit a new milestone with active addresses surpassing 1.7 million, while the total stablecoin supply on the network has reached $16.3 billion. This growth indicates increasing adoption and liquidity within the Solana DeFi ecosystem.

TREE NEWS update: GnosisDAO has approved a major shift for Gnosis Chain from a standalone Layer 1 to an Ethereum-settled rollup. This strategic move will unlock approximately 350,000 GNO and end treasury-funded staking rewards, signaling a new direction for the chain.

TREE NEWS update: The American Bankers Association has voiced support for the CLARITY Act in Congress, but recommends stricter regulations on stablecoin reward programs. The association argues that such rewards could pose risks to consumers and the banking system, urging lawmakers to tighten those provisions.

TREE NEWS reports: A trader suffered another forced liquidation of 230.4 BTC, bringing total losses from three liquidations to $930,000. The repeated liquidations highlight the risks of leveraged trading in volatile crypto markets.

TREE NEWS reports: The yield on the US 20-year Treasury note fell by 10 basis points, reflecting a decline in long-term borrowing costs. This move may signal shifting market expectations regarding economic growth and monetary policy.

TREE NEWS update: Grayscale has filed a fourth amendment to its Zcash Trust registration, aiming to list the trust on NYSE Arca. This move signals continued efforts to bring privacy-focused crypto assets to traditional exchanges.

TREE NEWS reports: Two major whales have opened short positions on over 50,800 ETH (worth about $98 million) on the Hyperliquid platform. This significant bearish bet highlights large traders’ sentiment on Ethereum’s near-term price.

TREE NEWS reports: A whale’s $117 million Bitcoin short position was liquidated again, leaving 1,152 BTC with an unrealized loss of $1.28 million. The liquidation underscores the risks of leveraged shorting in volatile crypto markets.

TREE NEWS update: Ethereum network-wide contract open interest rose 5.76% in the past 24 hours, indicating increased market activity and speculative interest. This data highlights growing leverage in the crypto derivatives market.