Flash News

TREE NEWS update: BlackRock has purchased 11,100 BTC and 132,800 ETH over the past two days, according to on-chain data. This significant accumulation reflects growing institutional interest in cryptocurrencies. The move comes amid a broader trend of traditional financial giants entering the digital asset space.

TREE NEWS update: Hyperliquid announced that AQAv2 will launch on August 26, expected to generate $135-160 million annually for HYPE token buybacks. This move aims to enhance the platform’s tokenomics and support the HYPE price.

TREE NEWS reports: VanEck attributes Bitcoin’s recent surge to growing concerns over fiscal dominance, where government debt and spending undermine currency trust. The asset manager suggests that investors are increasingly viewing Bitcoin as a hedge against fiscal irresponsibility and potential monetary debasement.

TREE NEWS reports: Tether Treasury has minted an additional 1 billion USDT tokens on the blockchain. This issuance increases the circulating supply of the stablecoin, which is often used as liquidity in crypto markets. The move is part of Tether’s routine operations to meet market demand.

TREE NEWS update: Bitcoin ETFs recorded net inflows of $1.6 billion this week, bringing investors’ average cost basis to approximately $84,156. This indicates strong institutional demand for regulated crypto exposure.

TREE NEWS reports: Veteran trader Peter Brandt states that Bitcoin’s chart pattern has shifted to a valid bottom and he has bought on the breakout. This reflects growing bullish sentiment among seasoned traders despite market volatility.

TREE NEWS update: Data shows US spot Bitcoin ETFs recorded a net inflow of 8,879 BTC, while Ethereum ETFs saw a net inflow of 86,700 ETH, indicating strong institutional demand for digital assets.

TREE NEWS reports: Solana has reduced its blockchain slot time to 350 milliseconds, marking the first change since genesis. The move is part of an effort to eventually reach a 200-millisecond target, aiming to reduce network latency and improve performance.

TREE NEWS update: Bitwise’s Chief Investment Officer commented that Treasury Secretary Bessent’s plan to buy back US Treasuries underscores Bitcoin’s role as a hard asset. This move highlights the growing appeal of decentralized, scarce assets amid concerns over fiat currency debasement.

TREE NEWS reports: Binance transferred 400 million USDT to Tether Treasury, according to data. The large stablecoin movement may signal liquidity adjustments or operational activity. Such transfers are common but can attract attention for their scale.

TREE NEWS update: Over the past 24 hours, total crypto liquidations reached $1.505 billion, with long liquidations at $292 million and short liquidations at $1.213 billion. This significant short squeeze indicates a sharp price surge, reflecting high market volatility.

TREE NEWS reports: BitMart announced it is formulating a potential restructuring plan and aims to gradually resume partial operations. The exchange is working on a phased approach to stabilize services amid ongoing challenges.

TREE NEWS update: An analyst notes Bitcoin has touched its long-term downtrend line and the 21-month EMA, suggesting that holding above this resistance is crucial to confirm a bullish reversal. Failure to sustain could lead to further downside.

TREE NEWS reports: Laser Digital, a Nomura-backed subsidiary, has received registration from Japanese regulators to operate as a crypto exchange, marking the first such approval in four years. The approval allows Laser Digital Japan to provide domestic liquidity before expanding into institutional crypto trading, signaling a renewed interest in the Japanese crypto market.

TREE NEWS update: Xingqiao Capital’s London gold position has blown up, causing significant losses for some investors who deposited funds via USDT. The incident highlights risks in crypto-funded commodity trading.

TREE NEWS reports: Binance employees questioned by UAE authorities have been cleared and released after providing statements about third-party fund flows through a company client account. A spokesperson confirmed the development to Cointelegraph.