Flash News

TREE NEWS reports: Data suggests that if Ethereum (ETH) surpasses $2,486, cumulative short liquidation intensity on major centralized exchanges could reach $1.329 billion. This indicates a potential for significant short squeezes and increased volatility in the crypto market.

TREE NEWS reports: fomo’s daily active traders surged from under 10,000 in early June to over 100,000 by late August, a tenfold increase, as Robinhood Chain trading gained momentum. On August 31, Robinhood Chain accounted for about 75% of fomo’s daily volume, with Solana at 20%. The platform also reported over 1.9 million total users and predicted August trading volume above $2.8 billion.

TREE NEWS reports: According to RootData’s tokenized asset data, Gate ranks first in MRVL contract asset depth with ±2% spread. The data highlights Gate’s strong liquidity in this asset.

TREE NEWS reports: Bitcoin hovered near $77,000 as a global bond selloff lifted yields and renewed U.S.-Iran tensions pushed oil prices higher. The cryptocurrency’s resilience is being tested by rising macro pressures, with traders watching whether the post-rally momentum can withstand the risk-off tone from surging bond yields and geopolitical risks.

TREE NEWS reports: Treasury yields surged toward key levels on September 1, pressuring risk assets. The 10-year yield hit about 4.79%, and the 30-year approached 5.3%. US stocks fell for a third straight session, with the Dow down 0.8%, S&P 500 down 0.7%, and Nasdaq down 1%. Bitcoin dropped to around $77,900, while gold futures fell below $4,400. Higher rates raise valuation concerns for tech and crypto, while fiscal risks offer some support for gold and Bitcoin.

TREE NEWS update: The crypto industry is pressing the U.S. SEC to refrain from imposing blanket restrictions on innovative ETF products. They argue that a flexible, case-by-case approach is necessary to foster innovation while ensuring investor protection.

TREE NEWS update: Base, the Ethereum Layer 2 network, has introduced a creator grants program offering up to $4,000 in funding. The initiative aims to support creators building on the platform.

TREE NEWS reports: The USDC Treasury has minted an additional 250 million USDC on the Solana blockchain, increasing the total supply on the network. This move is part of ongoing liquidity management and could signal growing demand for stablecoins in the Solana ecosystem.

TREE NEWS reports: China’s blockchain-as-a-service (BaaS) market size reached 2.07 billion yuan in 2025, with Ant Digital (蚂蚁数科) ranking first. The growth reflects increasing enterprise adoption of blockchain infrastructure, though the report does not specify RWA tokenization details.

TREE NEWS update: Grayscale, a16z, and the Crypto Council for Innovation have urged the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category. They propose different routes to clearer and faster reviews, seeking to prevent blanket restrictions on new ETF types.

TREE NEWS update: Yi Lihua, a prominent crypto investor, predicts a potential short-term correction for Bitcoin but maintains a bullish long-term outlook, targeting $86,000. He advises investors to stay cautious during the pullback while positioning for further gains.

TREE NEWS update: Ethena proposed a token buyback program last week, joining a trend of crypto projects returning revenue to holders. ENA rose as much as 27% in the two days following the announcement. The proposal also includes voting to cut new token supply, mirroring corporate stock buybacks.

TREE NEWS update: A whale trading ETH in bands has closed out their position after making over $1 million in profit over two weeks. The trader’s successful strategy highlights ongoing opportunities in the volatile crypto market.

TREE NEWS update: Prediction market Kalshi suspended North Carolina candidate Bakert after he bet on his own victory. The move raises questions about market integrity and self-dealing in political prediction markets.

TREE NEWS update: Kalshi suspended North Carolina Republican Laurie Buckhout for three years after she bought less than $1,000 of contracts on her own congressional race. The prediction market platform said the trades violated its rules against self-dealing. Buckhout’s campaign did not immediately comment.

TREE NEWS reports: OKX announced it will migrate its USDⓢ spot trading pairs, a move that may affect trading pairs denominated in USD stablecoins. The exchange will transition these pairs to a new structure, though specific details were not provided. This change is part of OKX’s ongoing efforts to optimize its trading infrastructure.

TREE NEWS update: Two Thai businessmen have filed a lawsuit against Tether, the issuer of USDT, over the freezing of $42.4 million in USDT. The plaintiffs allege that the freeze was unjustified and has caused them financial harm. This legal action highlights ongoing concerns about the power of stablecoin issuers to freeze assets.