Flash News

TREE NEWS reports: In the latest market data, MOVE token has surged over 14%, while PROM has declined over 10%. These significant price movements reflect ongoing volatility in the crypto market.

TREE NEWS update: Genius Group, an NYSE-listed AI education firm, announced plans to build parallel AI and bitcoin treasuries totaling $1.6 billion, aiming for $2 billion in total assets by fiscal year. This comes months after the company liquidated its entire bitcoin holdings.

TREE NEWS reports: Japan’s bitcoin sector has introduced the Aurora payment platform, aiming to facilitate bitcoin transactions. This move could enhance crypto adoption in the region.

TREE NEWS reports: Bitcoin options worth $6.44 billion are set to expire today, potentially triggering increased market volatility. This significant expiration event could influence short-term BTC price movements.

TREE NEWS update: Deribit’s Friday settlement covers nearly a fifth of the exchange’s Bitcoin open interest, with max pain sitting well below current BTC prices. This could lead to increased volatility as traders position ahead of the expiry.

TREE NEWS update: Bitcoin’s price edged higher, approaching $81,000, as markets awaited Kevin Warsh’s first major speech as Federal Reserve chairman at the Jackson Hole symposium. Traders are positioning for potential policy signals that could impact risk assets.

TREE NEWS update: A Public Citizen report claims that crypto projects linked to Trump have caused investors at least $4.7 billion in losses. The report highlights potential risks and conflicts of interest associated with political figures endorsing crypto ventures.

TREE NEWS reports: Asset manager Bitwise has deposited and staked 82,584 HYPE tokens, valued at approximately $7.13 million, according to HyperliquidNews monitoring. This move signals growing institutional interest in the Hyperliquid ecosystem.

TREE NEWS reports: Public Citizen reports that investors lost $4.7 billion in Trump-linked crypto ventures, though World Liberty Financial’s USD1 stablecoin has not caused major losses. The losses stem from various Trump-branded crypto projects.

TREE NEWS update: Bitcoin has surged past the $80,000 mark, setting a new record high. The rally comes amid growing institutional adoption and positive market sentiment.

TREE NEWS reports: Grayscale suggests Zcash’s growing privacy demand could challenge Bitcoin’s network effects, noting ZEC’s 19x rise in a year but its sub-1% share of Bitcoin’s market cap leaves room for upside.

TREE NEWS reports: The first post-quantum Bitcoin transaction was broadcast this week, announced at Bitcoin Asia by the Sharknet Foundation. This milestone demonstrates quantum-resistant technology on Bitcoin without requiring a fork.

TREE NEWS update: Ledger clarified it was not hacked, as OneKey’s demonstration of a vulnerability in an outdated Ethereum app was already patched. The exploit could have signed transactions different from those displayed on the device, but the fix was deployed prior to the disclosure.

TREE NEWS reports: Ethena announced a tokenomics reform, leading to a 23% surge in ENA within 24 hours. The reform likely aims to adjust token distribution or incentives to improve sustainability.

TREE NEWS reports: Bitcoin holds above $80,000 as the Federal Reserve’s Jackson Hole symposium begins, with an agenda focused on payments and financial infrastructure for the first time in 40 years. This shift highlights the growing intersection of crypto and traditional finance.

TREE NEWS update: Bitcoin and crypto joined US stock markets in fresh gains after Nvidia Q2 earnings beat expectations by around $4 billion. The upbeat results lifted risk appetite across asset classes, with Bitcoin eyeing the $81K level.

TREE NEWS update: Moonwell, a lending protocol on Base, suffered an $8.7 million loss due to price manipulation of the MAMO token. The attacker inflated the token’s price and borrowed against it, prompting the protocol to cut borrow caps on all core markets to one wei.