TREE NEWS update: XRP’s recent hot streak has cooled as the cryptocurrency gave back two days of gains after a vertical recovery. Chart analysis suggests the bounce has encountered a wall, leaving traders uncertain about the next direction.
TREE NEWS reports: Crypto infrastructure firm Zerohash has submitted a second application for a trust bank charter with the U.S. Office of the Comptroller of the Currency (OCC). This move underscores the growing trend of crypto firms seeking traditional banking status to offer regulated custody and trust services.
TREE NEWS reports: Bitcoin surged 22% in seven days, nearing $80,000, amid reports that Treasury Secretary Scott Bessent could inject $1 trillion in liquidity. The move is attributed to expectations of government spending that may boost risk assets.
TREE NEWS update: CryptoQuant analysts claim Bitcoin has emerged from its bear market and entered the early stages of a bull market. This shift is based on on-chain metrics and market indicators. The analysis suggests a positive outlook for the cryptocurrency’s price trajectory.
TREE NEWS update: Analysts suggest Bitcoin may be exiting its bear market, citing historical patterns that align with previous bull market entries. The post, authored by Mathew Di Salvo, highlights cyclical behavior as a positive indicator for the cryptocurrency.
TREE NEWS reports: World Liberty Financial has natively issued its stablecoin USD1 on the Canton Network, marking a significant step in integrating traditional finance with blockchain. This move leverages Canton’s privacy and interoperability features for institutional-grade asset tokenization.
TREE NEWS reports: World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, expanding its availability. USD1 is currently the sixth-largest stablecoin with a market capitalization exceeding $4 billion.
TREE NEWS update: Fairlead Strategies, a technical analysis firm, reports that Bitcoin is no longer oversold and is poised for a potential breakout. The analysis suggests that the recent correction has run its course, and bullish momentum could resume. This comes as Bitcoin trades in a tight range, with traders eyeing key resistance levels.
TREE NEWS reports: Fairlead Strategies’ Katie Stockton suggests Bitcoin may be poised for a breakout as it has cleared its 200-day moving average and is no longer oversold. Speaking on CNBC, she noted the asset’s recent rally, indicating potential upward momentum.
TREE NEWS update: Crypto-margined Bitcoin futures have plummeted from near-total dominance to about 12% of total open interest, signaling a shift in market dynamics. Despite this collapse, leveraged traders remain active, suggesting the short squeeze may not be fully resolved.
TREE NEWS reports: Term Finance permanently closed its Meta Vaults following a governance attack that resulted in approximately $8.5 million in losses. The incident underscores vulnerabilities in DeFi governance mechanisms.
TREE NEWS reports: Kraken reported that a ‘dust attack’ originating from a sanctioned HTX wallet has locked out some customers. The exchange is investigating the incident, which involves small amounts of crypto sent to users, potentially triggering compliance protocols.
TREE NEWS update: Term Finance permanently closed its Meta Vaults following an exploit estimated at $8.5 million by PeckShield. Withdrawals remain open, but the protocol has not quantified remaining assets and is exploring ways to address any shortfall.
TREE NEWS update: The Crypto Fear and Greed Index has risen to ‘Extreme Greed’ for the first time since 2024, signaling high market optimism. This shift suggests strong bullish sentiment among investors, often preceding potential market corrections.
TREE NEWS reports: Bitwise has introduced Mag7X, a self-custodied tokenized portfolio of Coinbase-issued stock tokens on the Base network, with two more strategies to come. This marks a step towards bringing traditional equities into the crypto ecosystem via tokenization.
TREE NEWS reports: The Crypto Fear and Greed Index has surged from 36 (fear) a month ago to ‘Extreme Greed’ for the first time since 2024, signaling a sharp shift in market sentiment. This rapid flip reflects growing bullish momentum in the crypto market.
TREE NEWS update: CryptoQuant reports that Bitcoin has entered the early stage of a new bull market, identifying $83,000 as a critical support level. The analysis suggests that maintaining this level could confirm the bullish trend, while a break below might signal a deeper correction.
TREE NEWS update: Solana network achieved a new all-time high in trading volume, coinciding with a boom in Real World Asset (RWA) tokenization. Despite the network activity spike, SOL’s price remains under pressure, reflecting market concerns.
TREE NEWS reports: RockawayX is raising $150 million to launch a crypto hedge fund focused on undervalued tokens and crypto stocks. The fund aims to capitalize on market inefficiencies in digital assets and related equities.
TREE NEWS reports: RockawayX, managing ~$2B in assets, is raising $150M for a new liquidity opportunities fund focused on undervalued tokens and crypto stocks. The fund will be managed by Austin Barack, founder of Relayer Capital, which RockawayX acquired. This comes as Bitcoin, Ethereum, and Solana surged over 20% in the past week.
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