Flash News

TREE NEWS update: A study by the Bank of Italy found that stablecoin remittances do not offer systemic cost advantages over traditional methods, with on-chain components accounting for only a small portion of total costs. The research suggests that while stablecoins can reduce certain fees, the overall cost savings are limited and not transformative for cross-border payments.

TREE NEWS reports: South Korean crypto exchange Upbit has announced support for the Nexo (NEXO) token, adding a KRW trading pair. This listing provides Korean investors with direct access to the Nexo token, potentially boosting its liquidity and market presence.

TREE NEWS reports: Analysts note that Ethereum is approaching the key $2,450 resistance zone. A weekly close above this level could pave the way for a move toward $3,000.

TREE NEWS update: Coinkite has released a firmware update for Coldcard hardware wallets, but warns that existing vulnerable seed phrases remain unsafe and urges users to generate new ones. The update strengthens seed generation to prevent potential security issues.

TREE NEWS reports: At a CFTC advisory meeting, CME’s Terrence Duffy accused prediction markets of manipulation risk, prompting Kalshi’s Luana Lopes Lara to turn the question back on him. The heated exchange highlighted ongoing regulatory tensions over prediction market oversight.

TREE NEWS update: Bitcoin surpassed $75,000 for the first time in three months, driven by a Treasury buyback plan that fueled a short squeeze. The cryptocurrency is on pace for its best week since March 2024.

TREE NEWS reports: Two Binance employees were detained at Emirati airports as part of police inquiries into possible financial crimes. The UAE has become Binance’s regulatory home, making the detention significant for the exchange.

TREE NEWS update: CFTC Chair Michael Selig told the agency’s new innovation committee that the CFTC will draft its own crypto market structure rules if the Senate fails to pass the Clarity Act. This move signals potential regulatory action in the crypto space, impacting market participants and possibly setting a precedent for other jurisdictions.

TREE NEWS reports: Circle has minted an additional 500 million USDC on the Solana blockchain, increasing the stablecoin’s supply on the network. This move reflects growing demand for USDC within the Solana ecosystem.

TREE NEWS update: HashKey Global’s HSK token has broken through $0.1094, marking a 24-hour increase of 21.15%. This price surge reflects growing market interest in the token.

TREE NEWS update: Analysts attribute the recent Bitcoin rebound primarily to liquidation of short positions in futures markets. Binance’s short squeeze intensity has surged to its highest level in nearly two years, indicating a significant market shift.

TREE NEWS reports: Bitcoin surged past $78,000 as market bets on U.S. Treasury yield curve control (YCC) intensified. The move reflects growing expectations that the Fed may intervene in the bond market, boosting risk assets like crypto.

TREE NEWS reports: CryptoQuant CEO suggests that Bitcoin’s recent strength indicates the bear market may be largely over. The analysis points to improving on-chain metrics and market sentiment, though caution remains.

TREE NEWS update: Binance has launched Agent OS, a platform that connects AI models like ChatGPT and Claude to its exchange, enabling AI agents to trade crypto on behalf of users. However, safeguards prevent these agents from accessing user funds directly, and users retain oversight responsibility.

TREE NEWS update: DeepSeek’s multimodal agent capability is approaching that of Opus 4.8, with a 2-2 tie across four benchmarks. This signals rapid progress in AI, though not directly tied to crypto or RWA.

TREE NEWS reports: A whale has realized a profit of $2.36 million from a long position on ASTER, and still holds a long position worth approximately $2.27 million. The data highlights significant gains in the crypto market.

TREE NEWS update: Reports indicate that DeepSeek is preparing to release its V4 Flash vision model, which is anticipated to bring significant improvements in multimodal capabilities. The launch is expected to strengthen DeepSeek’s position in the AI model market, though the exact release date has not been confirmed.

TREE NEWS reports: Bitcoin has surged past the $78,000 mark, signaling continued bullish momentum in the cryptocurrency market. The milestone reflects strong investor sentiment and growing mainstream adoption.