TREE NEWS reports: HYPE token surged past $80, setting a new all-time high. The breakout reflects strong market momentum for the cryptocurrency.
TREE NEWS update: Bitcoin surged toward $77,000 in three days, while Ethereum jumped 20%, approaching $2,400. As capital rotates from majors to altcoins, analysts highlight high-quality projects with real users and revenue, including SOL, SUI, UNI, AAVE, MORPHO, HYPE, LINK, and ONDO. They caution that only projects with strong fundamentals will benefit from the spillover.
TREE NEWS update: Data shows that the total open interest in Ethereum futures across exchanges increased by 7% in the past 24 hours. This indicates growing market activity and speculative interest in ETH derivatives.
TREE NEWS reports: Prominent Chinese miner and investor Jiang Zhuoer says he is 90% certain the bear market has ended, citing market signals and sentiment. He also predicts Ethereum could outperform Bitcoin in the next cycle, driven by its ecosystem and upgrades.
TREE NEWS reports: This week’s digest covers the SEC’s new crypto asset regulation proposal, a $11.2B H1 crypto funding report favoring licensed businesses, and insights on Bitcoin’s rally, Ethereum’s rebound, and AI’s impact on NAND storage. It also highlights Arthur Hayes’ new project Flop Labs and the rise of KOL-driven token launchpad Ansem.io.
TREE NEWS update: Solana’s native token SOL has surpassed the $95 mark, signaling renewed bullish momentum in the crypto market. The price movement reflects growing investor interest in the blockchain platform.
TREE NEWS reports: Zcash (ZEC) briefly surged past $833, setting a new all-time high. The sharp move reflects renewed interest in privacy-focused cryptocurrencies amid broader market momentum.
TREE NEWS reports: A Multicoin Capital partner stated that the STRC dividend yield is too low, preventing it from re-anchoring alongside Bitcoin’s rebound. The comment highlights ongoing challenges for the token in tracking BTC’s price movements.
TREE NEWS update: In the past 24 hours, total crypto liquidations reached $1.33 billion, with long positions liquidated at $307 million and short positions at $1.026 billion. This indicates significant market volatility and leverage wipeouts.
TREE NEWS reports: A Bit-associated entity has realized profits for the first time in four months, reducing its position by 38,000 ETH and banking $9.407 million. This move signals a potential shift in sentiment for the large holder.
TREE NEWS update: The Sandbox’s SAND token contract on the Base chain has reportedly experienced abnormal minting, with over 500 million tokens newly issued. The incident raises concerns about token supply inflation and potential security vulnerabilities.
TREE NEWS update: According to data, a trader holding nearly $170 million in short positions on BTC and ETH has reopened about $80 million in shorts after setting a target of 10 major goals. The move suggests continued bearish sentiment among large players despite recent market fluctuations.
TREE NEWS reports: Grayscale’s GLNK exchange-traded fund has increased its LINK holdings, pushing total assets under management past $124 million. This reflects growing institutional interest in Chainlink’s token as a real-world asset play.
TREE NEWS update: Data shows that the Ethereum whale ‘7 Siblings’ has sold a total of 26,265.2 ETH, valued at approximately $62.47 million, since August 21. This large-scale selling activity may exert downward pressure on ETH’s price.
TREE NEWS reports: Cambodian authorities and the US Drug Enforcement Administration jointly dismantled a cryptocurrency money laundering network, seizing approximately $7 million in digital assets. The operation highlights the ongoing use of crypto for illicit finance and cross-border law enforcement cooperation.
TREE NEWS update: A major whale that went long on 20,000 ETH is still holding the position, with unrealized profits of $11.76 million. The data suggests the trader remains bullish on Ethereum despite market conditions.
TREE NEWS update: Jump Crypto moved 1,140 BTC, worth about $88.98 million, to Binance in the last 30 minutes. The transfer suggests potential selling or liquidity provision, drawing market attention.
TREE NEWS reports: Bridgewater Associates founder Ray Dalio has warned that a US debt crisis could arrive within three years, advising investors to reduce bond holdings and increase allocations to gold and bitcoin. His comments highlight growing concerns over fiscal sustainability.
TREE NEWS update: Data shows Multicoin Capital moved 197,560 HYPE tokens, valued at about $14.54 million, to Coinbase. This transfer may signal a potential sale or repositioning by the investment firm.
TREE NEWS reports: Data shows that seven siblings holding over $768 million in ETH have sold a cumulative 26,300 ETH since August 21. This significant sell-off may impact market sentiment.
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