Flash News

TREE NEWS update: OCC Comptroller Jonathan Gould announced at the Wyoming Blockchain Symposium that the agency is moving quickly to finalize stablecoin rules under the GENIUS Act, aiming to beat a January statutory deadline after missing an earlier July target. The urgency reflects the growing importance of stablecoin regulation in the crypto market.

TREE NEWS reports: GnosisDAO has approved Gnosis Chain’s transition into an EEZ Rollup, making it the first production-grade instance. This move integrates the chain more closely with Ethereum’s rollup ecosystem, enhancing scalability and security.

TREE NEWS update: In the past 24 hours, the entire crypto market has seen liquidations exceeding $4 billion. This significant event highlights extreme volatility and leverage in the market.

TREE NEWS reports: Glassnode reports that Bitcoin’s single-day closing gain is the largest upward volatility since October 2023. This marks a significant price movement for the leading cryptocurrency, indicating renewed market momentum.

TREE NEWS update: The US Treasury has doubled its Treasury buyback program, a move that could increase liquidity and impact market rates. Meanwhile, Standard Chartered predicts Bitcoin will reach $100,000 by the end of the year, citing improved market conditions.

TREE NEWS reports: GnosisDAO has approved Gnosis Chain to transition into an Ethereum Economic Zone (EEZ) rollup, allowing it to settle directly on Ethereum instead of maintaining an independent validator set. This move aligns Gnosis Chain more closely with Ethereum’s ecosystem, potentially enhancing security and interoperability.

TREE NEWS reports: Niulai’s market cap surged past $60 million, setting a new all-time high with a 24-hour gain exceeding 43%. This rapid price increase highlights strong momentum in the crypto market.

TREE NEWS reports: A whale holding a short position of 240 BTC, valued at $85.58 million, has been partially liquidated. The liquidation occurred as Bitcoin’s price moved against the position, triggering margin calls. This event highlights the volatility in the crypto market.

TREE NEWS update: Data shows that two addresses were liquidated for a total of $45.77 million within 30 minutes. This highlights significant market volatility and potential leverage risks in the crypto market.

TREE NEWS reports: A whale has opened a 20x leveraged short position on 500 Bitcoin, valued at approximately $35.8 million. The trade signals a bearish bet on the leading cryptocurrency.

TREE NEWS reports: The South Korean government announced that profits from virtual assets held in personal wallets and on overseas exchanges will be subject to taxation. This move extends the country’s crypto tax regime beyond domestic exchanges, aiming to close loopholes and ensure comprehensive taxation of digital asset gains.

TREE NEWS update: The SEC is considering two compliance pathways for crypto projects, with over 1,600 projects having raised funds within the $5 million cap over four years. This move could provide clearer regulatory guidelines for the industry.

TREE NEWS update: A whale has reduced its position by selling 419.62 BTC and 9969.37 ETH. The move comes amid market volatility, reflecting a cautious stance.

TREE NEWS update: An aggressive trader who opened a 40x leveraged short position on 1,200 BTC is on the verge of liquidation, with only $113 of safety margin remaining. The position is under severe stress as the price of Bitcoin moves against the trader.

TREE NEWS reports: The U.S. Commodity Futures Trading Commission (CFTC) has opened a public comment period regarding the listing of hashrate derivative contracts. This move could pave the way for regulated financial products tied to cryptocurrency mining, potentially impacting the crypto and RWA sectors.

TREE NEWS reports: Bitcoin has broken through the $70,000 mark, signaling renewed bullish momentum in the crypto market. This price surge comes amid heightened investor interest and market activity.

TREE NEWS update: Gold prices have surged past the $4,500 mark, leading to a 34% increase in 24-hour trading volume for Bitget’s gold contracts. This reflects heightened market interest in gold as a safe-haven asset amid economic uncertainty.

TREE NEWS reports: Crypto trader Ansem predicts that an equal-weight portfolio of BTC, ETH, SOL, HYPE, and PUMP could surge 3-5 times over the next two years. He expresses optimism about the long-term potential of these assets.