Flash News

TREE NEWS reports: Data shows that ‘Machi’ (Jeffrey Huang) has fully closed his BTC long position, incurring a loss of $2.46 million in the past day. The position was completely liquidated or closed, reflecting significant market volatility.

TREE NEWS update: Bitcoin’s hashprice surged 20.41% over four days, lifting miner revenue to $38.29 per PH/s. This increase signals improved profitability for miners amid market conditions.

TREE NEWS update: Bitfinex analysts attribute the recent Bitcoin rally to spot market demand and short covering, while cautioning that profit-taking could pose the biggest risk. The report highlights the current market dynamics and potential volatility ahead.

TREE NEWS reports: In the past hour, long positions in the cryptocurrency market have seen liquidations totaling $100 million, indicating a sharp market downturn. This rapid deleveraging event highlights the volatility and risk prevalent in the crypto space.

TREE NEWS reports: Polymarket odds of Bitcoin reaching $80,000 by the end of August have fallen to 43%, down 19% in the last 24 hours. This reflects cooling market sentiment for a near-term BTC rally.

TREE NEWS update: Bitcoin’s rapid rally is fueling retail investor FOMO, but analysts caution that a short-term correction is possible. The market’s overheating signals suggest volatility ahead.

TREE NEWS update: Amid market volatility, meme coins on Base, BSC, and Robinhood chains surged, led by Basecat’s surprise Coinbase listing. Bicat, BNBCAT, CashCat, and CATE also gained attention, highlighting the ‘exchange + chain + meme’ strategy.

TREE NEWS update: Hyperbot data shows that Machi Big Brother’s 40x leveraged Bitcoin long position has been fully liquidated amid a market downturn. He is now adding to HYPE and Ethereum longs, with his overall position value shrinking to $84 million and ROI dropping to 7.32%.

TREE NEWS update: Bitcoin has fallen below the $76,000 mark, signaling continued market volatility. The decline reflects ongoing selling pressure in the crypto market.

TREE NEWS reports: A major US banking organization has proposed that stablecoin secondary markets be subject to customer identification requirements, aiming to enhance regulatory oversight. This move could impact the broader crypto ecosystem by imposing stricter compliance measures on stablecoin trading platforms.

TREE NEWS update: As Bitcoin fell below $76,000, the trader known as ’10 Big Goals’ saw his BTC short position turn profitable, with floating gains around $800,000. He holds 1,830.724 BTC shorts with an average entry price of $76,397.56, and also has 12,756.739 ETH shorts with a small loss.

TREE NEWS update: In the past four hours, the total liquidation amount across the crypto market reached $114 million, with long positions bearing the brunt at $105 million, while shorts saw $8.25 million liquidated. ETH and BTC accounted for approximately $35 million and $26.5 million of the liquidations, respectively.

TREE NEWS update: Hyperliquid’s Builder Codes achieved nearly $1 billion in single-day nominal trading volume, setting multiple new records. This marks a significant milestone for the platform’s growth and adoption.

TREE NEWS reports: Bitcoin fell below 76,000 USDT on OKX, trading at 75,925.9 USDT, marking a 1.8% decline over the past 24 hours. The drop reflects ongoing market volatility.

TREE NEWS update: Polish crypto exchange Zondacrypto’s two consecutive CEOs have gone missing, and its parent company’s license has been revoked. The exchange faces regulatory turmoil as authorities crack down on its operations.

TREE NEWS update: Fundstrat’s Tom Lee suggests that as AI trading moves downstream, Ethereum (ETH) may emerge as a beneficiary. He argues that the shift could drive demand for ETH, given its role in powering decentralized applications and smart contracts.

TREE NEWS reports: The New York Post reports that Rep. Rashida Tlaib, a vocal opponent of the CLARITY Act, holds up to $30,000 in Bitcoin and Ethereum-related ETFs. This disclosure raises questions about potential conflicts of interest given her legislative stance on crypto regulation.

TREE NEWS update: The current Crypto Fear & Greed Index stands at 67, reflecting a state of greed in the market. This sentiment metric suggests investors are currently optimistic about cryptocurrency prices.

TREE NEWS reports: US Representative Rashida Tlaib has disclosed holdings in Bitcoin and Ethereum ETFs, according to a report from ChainCatcher. The disclosure highlights growing political interest in crypto assets.

TREE NEWS reports: ECX plans to launch its mainnet on October 31, with most Bitcoin holders eligible to receive ECX tokens at a 1:1 ratio. The move aims to integrate Bitcoin into the ECX ecosystem, potentially enhancing liquidity and utility.