Flash News

TREE NEWS reports: CFTC Chair says staff is already working on a crypto market structure framework and could propose rules quickly if Congress doesn’t pass the Clarity Act. This signals regulatory readiness in the crypto space.

TREE NEWS update: BitcoinTreasuries.NET reported that Strive’s SATA has raised sufficient funds today to purchase 200 bitcoins, marking its first day back to par value. The digital credit engine is operating at full capacity.

TREE NEWS update: Hyperliquid’s open interest has reached $12.5 billion, marking the highest level since October 10. This surge indicates increased trading activity and market engagement on the platform.

TREE NEWS update: Hyperliquid’s open interest has reached a new high of $12.5 billion since October 10, according to HyperliquidNews on X. This milestone highlights growing activity in the derivatives market.

TREE NEWS reports: XRP posted its strongest weekly gains since the 2024 election pump, driven by a Bitcoin short squeeze that triggered record liquidations. However, ETF flows and futures data suggest the rally may be running on borrowed momentum, raising sustainability concerns.

TREE NEWS reports: The US national debt surpassing $40 trillion has reignited discussions among analysts about Bitcoin’s potential as a hedge, though near-term factors like Treasury yields and dollar strength remain key. The milestone could bolster Bitcoin’s long-term case despite ongoing liquidity concerns.

TREE NEWS reports: A whale moved 42,500 HYPE tokens accumulated 10 months ago to GSR Markets, and another 42,500 HYPE to Cumberland and OKX for potential sale. The transfers suggest possible distribution or selling activity, monitored by Onchain Lens.

TREE NEWS update: A whale has accumulated and withdrawn 6,920 ZEC (worth approximately $3.93 million) from Coinbase Prime, according to Onchain Lens monitoring. This large transaction highlights significant interest in privacy-focused cryptocurrency Zcash.

TREE NEWS reports: A wallet associated with a16z has unstaked 89,470 HYPE tokens and transferred them to market maker Wintermute, according to on-chain data. This move could signal potential selling pressure or liquidity provision for the HYPE token.

TREE NEWS update: Investors have been buying shares in American Bitcoin ETFs this week, adding over $1 billion in inflows. This surge reflects a bullish sentiment shift in the crypto market.

TREE NEWS reports: A wallet associated with a16z has unstaked and transferred 89,470 HYPE tokens, worth approximately $6.6 million, to Wintermute, likely for sale. The move was detected by Onchain Lens.

TREE NEWS update: Seventeen alleged members of Iran-based Mabna Institute were charged over hacks targeting hundreds of universities, companies, and government agencies. The group is linked to a $6 million Bitcoin extortion scheme, highlighting the intersection of cybercrime and cryptocurrency.

TREE NEWS reports: Google’s Gemma model has achieved a significant milestone with over 1 billion downloads. This highlights the growing adoption of open-source AI models and the expanding ecosystem around them.

TREE NEWS update: AftermathFi has launched its Perpetuals V2 on the Sui network, opening 15 markets for trading. This upgrade aims to enhance the DeFi experience on Sui with improved features and expanded trading options.

TREE NEWS update: Sui announced that AftermathFi’s Perpetual V2 is live, featuring a revamped perpetual engine and two public audit reports. Currently, 15 markets are open for trading.

TREE NEWS update: Machi, a prominent crypto investor, has increased his long position in Ethereum, bringing his total unrealized profit to $4.3 million. This move reflects growing bullish sentiment among large holders despite market volatility.

TREE NEWS update: Check Point Research has uncovered that nearly 2,000 compromised WordPress websites are being used to distribute malware and deploy ransomware. The attacks exploit vulnerabilities in outdated plugins and themes, posing a significant threat to site owners and visitors.

TREE NEWS reports: Check Point Research uncovered a StopAndProtect ransomware campaign that exploited nearly 2,000 compromised WordPress sites to spread malware, steal data, and deploy ransomware. The operation, active since mid-May, has breached over 6,000 IPs, with attackers using fake CAPTCHAs to trick Windows users into running PowerShell commands that steal credentials and crypto wallet seed phrases. Researchers collected over 31,000 screenshots and 700 data archives, noting the attackers may have accidentally infected themselves.

TREE NEWS reports: The StopAndProtect operation compromised nearly 2,000 WordPress websites to spread malware, steal crypto wallet files, and deploy ransomware. This highlights the ongoing security risks in the crypto ecosystem.

TREE NEWS reports: Macro strategist Mark Connors says the US Treasury’s plan to regularly buy back long-term bonds could catalyze Bitcoin’s next rally, potentially pushing BTC to $180,000. He argues that lower Treasury yields from buybacks would ease macro pressure on risk assets, with support possibly expanding to $10-30B monthly. Connors also notes that SLR rule adjustments and the CLARITY Act’s progress are key factors to watch.