TREE NEWS reports: Pump.fun co-founder reveals that the Pump Foundation treasury holds close to $2 billion in assets. This marks a significant milestone for the memecoin launchpad platform.
TREE NEWS update: Prominent investor Yi Lihua stated that Bitcoin has ended its bear market trend and expects continued upward movement over the next two weeks. He remains optimistic on the cryptocurrency’s short-term prospects.
TREE NEWS update: MANTRA’s token plunged 18% to a record low as the MANTRA Chain experienced a halt, prompting exchanges to suspend deposits and withdrawals. The token later recovered to about $0.0044. This marks a significant disruption for the RWA-focused blockchain platform.
TREE NEWS reports: A whale or institution sold 871,000 HYPE tokens through FalconX within six hours, worth approximately $64.82 million. The large sell-off may indicate profit-taking or a strategic move, potentially impacting HYPE’s market price.
TREE NEWS update: JustLend DAO has officially launched its ‘Energy Direct Purchase’ feature on the TRON network, allowing users to buy energy directly for transactions. This aims to enhance user experience by simplifying access to network resources.
TREE NEWS reports: Coinbase’s bitcoin negative premium has persisted for 95 consecutive days, setting a new record for the longest streak. This indicates sustained selling pressure on US exchanges relative to global markets.
TREE NEWS update: The current Crypto Fear & Greed Index stands at 71, indicating a state of greed among market participants. This suggests heightened bullish sentiment in the cryptocurrency market.
TREE NEWS reports: Solana-based meme coin CATE has rebounded, breaking above $35 million in market cap with a 24-hour surge of over 140%. The rally highlights renewed speculative interest in Solana meme tokens.
TREE NEWS update: South Korean crypto exchange Bithumb announced it will list NEXO, the native token of the Nexo lending platform, against the Korean won. This move expands NEXO’s accessibility to Korean traders and signals continued integration of crypto lending tokens into major exchanges.
TREE NEWS reports: A Hong Kong court sentenced a middleman involved in telecom fraud to 56 months in prison. Police tracked cryptocurrency to trace the ransom flow, highlighting the use of digital assets in criminal activities.
TREE NEWS update: Bitcoin briefly surpassed $75,000, driven by policy optimism from Trump’s crypto meeting, improved liquidity, and a short squeeze. Institutional flows via US spot Bitcoin ETFs and Strategy’s financing loop are now critical for sustaining the rally.
TREE NEWS reports: Gold and Bitcoin have both broken out, with Bitcoin surpassing its bear market trendline and the 21-week moving average, while gold rebounds after a correction. The US government debt surpassing $40 trillion and 10-year Treasury yields near 4.70% are pressuring long-term financing costs, prompting the Treasury to expand buybacks. This macro backdrop is driving renewed interest in hard assets like gold and bitcoin as hedges against debt expansion.
TREE NEWS update: Top 5 crypto derivatives exchanges saw trading volume decline across the board, as the recent recovery in spot markets may be diverting liquidity away from derivatives. The data suggests a shift in trader focus amid changing market dynamics.
TREE NEWS update: Bitwise CEO reported that the company’s ETF has seen daily trading volume surpass $300 million for two consecutive days, indicating strong investor interest. This surge highlights growing demand for crypto investment products.
TREE NEWS reports: Data shows that if Ethereum drops below $2,227, the cumulative long liquidation intensity on major centralized exchanges could reach $1.341 billion. This highlights a significant risk of cascading liquidations in the crypto market.
TREE NEWS update: According to data, if Bitcoin falls below $70,909, the cumulative long liquidation intensity on major centralized exchanges could reach $1.96 billion. This highlights the potential for cascading liquidations and increased market volatility.
TREE NEWS update: A company affiliated with Capital.com has obtained a virtual asset service provider license in the UAE, positioning it to offer spot cryptocurrency trading services. This marks a regulatory milestone for the firm’s expansion into the Middle East crypto market.
TREE NEWS update: UK’s HMRC has dispatched warning letters to over 81,000 crypto asset holders, nearly triple the number from last year. The letters urge taxpayers to review their crypto holdings and pay any owed taxes, as part of a broader compliance push.
TREE NEWS update: Monitoring data shows that 79.6 million USDT has been transferred into Binance. This large inflow may signal potential buying activity or market movements.
TREE NEWS update: South Korea plans to revise its law to grant the Financial Intelligence Unit (FIU) direct enforcement authority to crack down on unregistered crypto exchanges. This move aims to strengthen regulatory oversight and combat illegal cryptocurrency trading activities.
Subscribe to get important Web3 & AI updates from the TREE NEWS desk by email — free.