Flash News

TREE NEWS update: The OCC granted preliminary conditional approval to World Liberty Trust Company, allowing it to take over issuance of the $4 billion USD1 stablecoin from BitGo. This move, linked to Trump, has triggered an immediate legislative response from Senate Democrats.

TREE NEWS reports: Tudor Investment, led by Paul Tudor Jones, now holds $22.9 million in BlackRock’s IBIT Bitcoin ETF, marking an end to its year-long reduction of the position. This signals renewed institutional interest in crypto ETFs.

TREE NEWS reports: MSCI’s consultation proposes removing Strategy and Metaplanet from its global indexes due to a non-operating company screen, with results due by mid-October. This could impact their inclusion in benchmark-tracking funds.

TREE NEWS update: President Trump and CFTC Chair Michael Selig are expected to attend a White House session with crypto, prediction market, and AI executives on Wednesday, ahead of the CFTC’s first innovation panel on Thursday. This marks a notable convergence of government and industry leaders discussing digital asset policy.

TREE NEWS update: Gate has launched its stock trading section on the Innovation Board, marking a significant expansion into traditional equities. RootData ranks Gate first in comprehensive scores for this new offering, highlighting its competitive edge in integrating crypto and stock trading.

TREE NEWS reports: Bitcoin mining firm HIVE has signed a $350 million AI cloud services contract, projected to boost annualized revenue by $70 million. This marks a strategic pivot for the miner into high-performance computing, aligning with the broader trend of crypto miners diversifying into AI infrastructure.

TREE NEWS reports: Iran and the US have extended their agreement, causing a short-term drop in US and Brent crude oil prices. This development may ease geopolitical tensions and reduce supply concerns.

TREE NEWS update: The Ethereum Foundation has introduced the Platåberget testnet to facilitate early testing of the upcoming Glamsterdam upgrade. This development marks a significant step in Ethereum’s ongoing network evolution, allowing developers to prepare for the upgrade’s features and improvements.

TREE NEWS reports: Data shows that if Ethereum falls below $1,803, cumulative long liquidation intensity on major centralized exchanges could reach $665 million. This highlights the fragility of leveraged positions and potential cascading sell-offs in the crypto market.

TREE NEWS update: Data shows that if Bitcoin falls below $60,291, cumulative long liquidation intensity on major CEXs could reach $747 million. This highlights significant downside risk in the crypto market.

TREE NEWS update: Paul Tudor Jones’ macro fund increased its stake in BlackRock’s iShares Bitcoin Trust by 18.9% to 688,529 shares worth $22.9 million in Q2, reversing a year of selling. The fund also sharply cut its call options, shifting from leveraged bets to direct spot exposure.

TREE NEWS update: Dutch prosecutors have sold assets seized from bankrupt crypto platform Knaken, raising $2.5 million. The proceeds will be used to compensate victims of the platform’s collapse.

TREE NEWS reports: Data shows Bitcoin short-term holders are currently facing an average unrealized loss of 6%, indicating market pressure. However, the absence of capitulation-style selling suggests the downturn may not have reached its worst point.

TREE NEWS reports: Dutch authorities have liquidated approximately $2.5 million in cryptocurrency held by the bankrupt platform Knaken, with proceeds going to creditors. The trustee revealed that Knaken purchased the coins in its own name, leaving customers with only a euro claim against the collapsed company.

TREE NEWS update: Despite a 14% Bitcoin price drop in Q2, institutional ETF holdings rose 7.5%, with Wells Fargo and JPMorgan each adding over 10,000 BTC. Institutional share of ETF holdings hit a record 44.2%, signaling smart money accumulation at perceived bottom levels.

TREE NEWS update: BitMart founder Sheldon has refuted an accountability statement from employees, calling its contents false and announcing plans to involve the police. The dispute highlights internal tensions at the exchange amid ongoing regulatory scrutiny.

TREE NEWS reports: Harmony has revealed a rollback plan to revert the blockchain to its August 11 block state, aiming to eliminate the impact of forged token inflation. This move is intended to restore network integrity after the exploit.

TREE NEWS update: Cryptocurrency prices show significant divergence today, with DIA surging over 31% while BEL falls over 16%, indicating volatile market conditions. This data highlights ongoing price fluctuations in the crypto sector.

TREE NEWS reports: Austria’s Financial Market Authority (FMA) has imposed a fine on Bitpanda for violating MiCA rules on crypto white papers and marketing communications, marking the first published penalty under the EU’s Markets in Crypto-Assets regulation. The decision is now final, signaling increased regulatory scrutiny in the crypto sector.

TREE NEWS reports: SafePal, a bitcoin wallet provider, suffered a data breach via a third-party order-tracking plug-in, exposing names, addresses, and phone numbers of nearly 40,000 customers. The leak raises concerns about potential physical attacks on users, though no funds were reportedly compromised.