Flash News

TREE NEWS update: Analyst Willy Woo suggests that if Bitcoin becomes a global hard currency, its price could reach $5 million per coin. The statement highlights the potential long-term value of Bitcoin as a store of value, though it remains speculative.

TREE NEWS reports: Data shows that the market cap of fable, a meme coin on the Robinhood ecosystem, briefly surpassed $8.5 million, with a 24-hour surge of over 990 times. The rapid rise highlights the speculative nature of meme coins in the current crypto market.

TREE NEWS update: Strategy has resumed its Bitcoin purchases after a two-month pause, acquiring approximately $370 million worth of BTC. The purchase was funded entirely by common stock sales, with none of the company’s preferred series issuing shares last week.

TREE NEWS reports: Russia’s largest bank, Sberbank, plans to accept Ether and USDT as collateral for crypto-backed loans once these assets are legally cleared for public circulation, according to a deputy chairman in an interview with TASS. This move extends Sberbank’s crypto lending beyond bitcoin, signaling growing institutional adoption of digital assets in Russia.

TREE NEWS update: 1789 Capital, led by Donald Trump Jr., is spearheading a $1 billion funding round for prediction market Polymarket, boosting its valuation to $21 billion—a 40% increase in months. The firm is contributing approximately $300 million, adding to its existing ~$200 million stake.

TREE NEWS update: Hyperliquid is in discussions with Payward, Kraken’s parent company, to offer perpetual futures to U.S. traders via its Bitnomial subsidiary, which has pitched the CFTC on a structure for registered users. This move could bridge Hyperliquid’s decentralized exchange with regulated U.S. markets.

TREE NEWS reports: Ethereum’s supply is tightening as staking locks up ~42M ETH and US spot ETFs see record inflows, reducing exchange balances by 15%. This could amplify price moves, but the rally’s sustainability depends on ETF inflows, ETH/BTC stability above 0.033, and a break above $2,550.

TREE NEWS reports: Neura, an AI infrastructure project, completed a $4 million strategic round at an $80 million valuation, with participation from Animoca Brands and others. The funds will be used to advance its decentralized AI compute network.

TREE NEWS reports: Omacom Foundation has increased its sponsorship amount to $12 million, with Coinbase CEO Brian Armstrong and Dai Yunjie joining the initiative. This move signals growing institutional interest in the project’s mission.

TREE NEWS update: Security firm Huntress has uncovered a phishing campaign where hackers create fake Google Docs and Claude.ai pages to trick users into revealing their crypto wallet credentials. The attack leverages the trust in these popular platforms to harvest sensitive data, posing a significant threat to cryptocurrency holders.

TREE NEWS update: TD Cowen projects Strive’s stock will rise 33% to $32, expecting the company to hold over 27,100 Bitcoin by the end of 2026. This reflects growing institutional interest in Bitcoin as a treasury asset.

TREE NEWS reports: The UK’s National Crime Agency has frozen $13.6 million that Sorare sent to the Premier League as the first payment under a $163 million deal. This comes amid a gambling prosecution against the Messi-backed fantasy card game, which is also facing regulatory scrutiny.

TREE NEWS reports: NeoSoul has launched its native Skill Builder on its Agent trading platform, enabling users to create trading strategies with a single sentence. The feature aims to simplify strategy creation and enhance user experience.

TREE NEWS update: Strategy repurchased $635 million of its STRC perpetual preferred stock, signaling a capital management move. The buyback reflects the company’s ongoing financial strategy amid crypto market conditions.

TREE NEWS update: A whale address 0x9807 withdrew over 44 million ENA tokens from Coinbase and staked the entire amount, signaling strong conviction in the token. The move comes amid growing interest in Ethena’s yield-bearing stablecoin protocol.

TREE NEWS reports: Binance will adjust the loan-to-value (LTV) ratios for 11 assets, including ZEC, effective September 4. The change affects borrowing collateral parameters on the platform. Users are advised to review their positions accordingly.

TREE NEWS reports: OKX Chinese launched the ‘OKX Million Planner’ activity asking users how they would allocate 1 million USDT, with BTC around $80K. Analyzing nearly 100 responses, most favored a mix of spot, grid trading, contracts, and options, with many emphasizing risk management and cash reserves. The exercise highlights the importance of dynamic strategy over static allocation.