Flash News

TREE NEWS reports: Crypto market liquidations reached $182 million in the past 24 hours, with long positions accounting for $92.11 million and shorts $89.4 million. Bitcoin saw $45.91 million in liquidations, while Ethereum totaled $37.65 million. The largest single liquidation was a $3.07 million ETH-USDT position on Binance.

TREE NEWS update: A new Ethereum proposal, EIP-8141, would allow users to pay gas fees without holding ETH. Drafted since January, its authors pitch it primarily as a defense against quantum computers. The proposal aims to enhance network resilience by decoupling gas payments from ETH ownership.

TREE NEWS update: Hunter Biden, son of former US President Joe Biden, will launch a meme coin named LAPTOP themed around the ‘laptop’ incident, scheduled to go live on Coinbase’s Base network on September 9. The token has a total supply of 1 billion, with 30% held by the founding team. The rest will be allocated to investors who lost money on Trump’s meme coin TRUMP and Hunter Biden’s Substack subscribers. The project may burn up to 30% of tokens based on 30 preset events, including Democrats winning the 2028 presidential election, Bitcoin setting a new all-time high, and LAPTOP’s fully diluted valuation exceeding TRUMP’s.

TREE NEWS reports: Whale entity Garrett Jin sold 114,000 HYPE tokens at an average price of $86.3 on September 7, having bought them in June at $72.5, netting a profit of $1.57 million. This follows the earlier closure of his $107 million BTC long position, which yielded $1.02 million after 3.5 months.

TREE NEWS update: Yunfeng Financial, indirectly held by Jack Ma, announced inclusion in the eligible securities list for Stock Connect under Shanghai-Shenzhen-Hong Kong, effective September 7, 2026. Eligible mainland investors can then trade its shares via the channel. The firm previously disclosed buying 10,000 ETH for $44 million and plans to explore adding BTC and SOL to strategic reserves.

TREE NEWS reports: A trader identified as 0x3305 has accumulated 194,210 HYPE tokens worth approximately $16.79 million over the past 10 days. The address made daily purchases of HYPE during this period.

TREE NEWS reports: Bitcoin fell below $79,000 on September 7, trading at $78,973.50 per coin, down 0.93% intraday. The move was reported by OKX exchange data.

TREE NEWS update: Ledger and Trezor called for more responsible disclosure of security vulnerabilities, citing AI’s role in making exploits easier and cheaper. Trezor’s security chief Jan Komárek said the recent theft of 4,000 BTC from Liquid Network violated responsible disclosure principles.

TREE NEWS reports: Garrett Jin, a whale entity, closed a BTC long position worth $107 million (1,331 BTC) on September 7, earning a profit of $1.02 million after holding for 3.5 months. The entity still holds a ZEC short position of 39,760 coins ($47 million), with an unrealized loss of $24 million. Earlier today, he added to the ZEC short, then closed the profitable BTC long.

TREE NEWS update: China’s National Disease Control and Prevention Administration on Tuesday released an authoritative Q&A on influenza vaccination, addressing questions about the flu season, at-risk groups, and vaccine administration. The guidance aims to clarify common concerns as flu activity rises.

TREE NEWS reports: Bitcoin held near $80,000 on Monday despite renewed fears of a Federal Reserve rate hike in September, with odds climbing to around 60% after Friday’s strong jobs report. Investors now focus on U.S. inflation data due later this week, which could sway the Fed’s next move and crypto market sentiment.

TREE NEWS update: Ireland’s Criminal Assets Bureau said criminal gangs are renting private vaults to store cryptocurrency private keys alongside cash, watches, and passports. The revelation highlights how criminals are adapting to hide digital assets from authorities, complicating asset seizure efforts.

TREE NEWS update: Xiaomi has announced the Pengcheng N70 Pro electric vehicle at a price of 209,900 yuan. The launch marks Xiaomi’s entry into the competitive EV market in China. The vehicle is expected to be available for order soon.

TREE NEWS reports: Zcash (ZEC) surged 45% over the past week, pushing its market cap above $20 billion and reaching its highest price since 2016. The rally extends gains since Grayscale converted its Zcash Trust into an ETF that began trading on Aug. 25.

TREE NEWS update: At the 2026 Xiaomi autumn flagship launch event, CEO Lei Jun introduced the Pengcheng N70, a mid-to-large five-seat extended-range SUV. He highlighted its cabin space, claiming a usable area of 4 square meters, five extra-long rails up to 1.56 meters, and a second-row seat travel range of 600 millimeters, offering more rear legroom than a Rolls-Royce Cullinan.

TREE NEWS update: Hefei Industry Investment Promotion Emerging Industry Equity Investment Fund Partnership was established on September 7, with a total size of 2 billion yuan. Managed by Hefei Industry Investment Capital, the fund has completed due diligence and reserved a batch of proposed projects.

TREE NEWS reports: This week’s US CPI and PPI inflation data, along with the Federal Reserve’s September 16 rate decision, could determine whether Bitcoin can hold $80,000 as a support level. The reports come amid yen intervention and broader macro pressures, making the upcoming data releases critical for Bitcoin’s short-term trajectory.

TREE NEWS update: Longban Media said on Sept. 7 that its AI video business generated about 80 yuan in June and 75,000 yuan in July, accounting for less than 0.01% of audited 2025 revenue. The company, mainly in publishing and printing, said the business has no significant impact on results now or in the future.

TREE NEWS update: The attacker behind the Coldcard hack has moved $7.7 million in Bitcoin, nearly half of the funds stolen in the third wave. The stolen BTC was distributed across 293 separate vaults, which the hacker is emptying in order of size, starting with the largest. This marks a significant step in the ongoing movement of illicit funds.