Flash News

TREE NEWS update: Yi Lihua predicts that in the current bull market, Bitcoin and Ethereum will deliver returns exceeding 3 times, with Ethereum expected to rebound more than Bitcoin. He suggests investors focus on these major assets for substantial gains.

TREE NEWS reports: Fundstrat’s Tom Lee notes that Ethereum’s 30% weekly rally historically signals continued upward momentum. He suggests that such strong weekly gains have often been followed by further price appreciation, implying a bullish outlook for ETH.

TREE NEWS reports: Hyperliquid’s policy center has submitted recommendations to the SEC and CFTC, suggesting that equity perpetual contracts be classified as security futures. This move aims to clarify regulatory oversight for these innovative financial products.

TREE NEWS reports: Bitcoin closed its largest weekly candle ever in notional value, surging to $78k, with top altcoins posting 50%+ gains in a massive rebound. MicroStrategy’s Strategy, led by Michael Saylor, is back in profit as the crypto market rallies.

TREE NEWS reports: Strategy (formerly MicroStrategy) raised $2 billion by selling MSTR stock and established a ‘USD cash’ liquidity account, which it may use to buy more Bitcoin. The company has not purchased Bitcoin since June.

TREE NEWS reports: Strategy, formerly MicroStrategy, raised $2 billion through common share sales and launched a $1.59 billion cash pool, while maintaining its Bitcoin holdings at 840,447 BTC. The company paused new Bitcoin purchases, indicating a strategic shift toward capital management.

TREE NEWS update: BitMine increased its ETH holdings by 32,447 ETH last week, bringing its total to approximately 5.848 million ETH. This move underscores continued accumulation by major Ethereum holders.

TREE NEWS update: Hyperliquid is reportedly moving to enter the US regulated market, potentially intensifying competition with platforms like Coinbase. This strategic shift could expand its reach in the crypto trading landscape.

TREE NEWS reports: Strategy announced a $100 million fund to increase its Bitcoin holdings. The fund aims to leverage capital markets to acquire more BTC, reinforcing the company’s crypto-focused treasury strategy.

TREE NEWS reports: A whale transferred 8 million USDC to Hyperliquid and opened a long position worth $71.8 million in Bitcoin and Ethereum. The move signals significant bullish sentiment from large traders on the platform.

TREE NEWS update: Pakistan has mandated that all crypto firms serving Pakistani users since March must apply for clearance by September 5, followed by local incorporation. This regulatory move aims to bring crypto operations under official oversight.

TREE NEWS reports: Blockchain investigator ZachXBT’s probe led to the freezing of 93,000 USDT allegedly linked to two violent home invasion robberies in France. This highlights the use of crypto in crime and the role of on-chain sleuths in assisting law enforcement.

TREE NEWS update: Strive increased its Bitcoin holdings by 1,110 BTC last week, bringing its total to over 21,000 BTC. This move underscores continued institutional accumulation of the cryptocurrency.

TREE NEWS reports: Strategy raised $2.0065 billion through its ATM program last week without purchasing additional Bitcoin. The proceeds were used to repurchase STRC preferred shares. This move reflects ongoing capital management rather than new BTC accumulation.

TREE NEWS reports: Rumors that Trump would launch a new token on Robinhood chain sparked a surge in TRUMP token to $3.40, its highest since March, while the official team sold millions of tokens for over $9.15 million. The hype ended when Eric Trump denied the plans, calling any such claims a scam. The incident highlights how misinformation can drive markets and enable insider selling.

TREE NEWS update: Crypto whale Machi Big Brother, known for losing money over the past 10 months, turned a $150,000 position into $12.72 million in three days using extreme leverage on Hyperliquid, an 84x gain. His current leveraged long positions total over $123 million, with ETH being his largest and most at risk of liquidation if prices drop 10%. Despite the recent win, his historical losses remain substantial, and his high-risk trading style persists.

TREE NEWS update: Ether (ETH) has surpassed the $2,500 mark, indicating renewed bullish momentum in the cryptocurrency market. The price movement reflects increased investor interest and positive market sentiment.

TREE NEWS reports: A vulnerability in Coldcard hardware wallets has resulted in the loss of 1789.28 BTC, impacting 8865 addresses. The incident underscores security risks in crypto storage solutions.

TREE NEWS update: BTC Digital has completed construction of a 10MW crypto mining facility in Georgia, USA. The company expects to deploy mining machines within two months.