Flash News

TREE NEWS reports: Pons, a DeFi protocol, reported over $630,000 in revenue over the past 24 hours, indicating strong recent activity. This performance highlights the ongoing growth and usage within the decentralized finance ecosystem.

TREE NEWS update: Solana will launch Transaction V1 on September 9, aiming to improve network performance. The upgrade is part of ongoing efforts to shorten slot time and enhance throughput.

TREE NEWS reports: The current Crypto Fear & Greed Index stands at 68, indicating a state of greed in the market. This sentiment metric suggests investors are currently feeling optimistic about cryptocurrency prices.

TREE NEWS reports: Data indicates that if Bitcoin falls below $74,321, the cumulative long liquidation intensity on major centralized exchanges could reach $790 million. This highlights significant leverage in the market and potential for sharp price movements.

TREE NEWS reports: This week’s token unlock schedule features Hyperliquid (HYPE) unlocking 9.91 million tokens worth approximately $820 million, EigenLayer (EIGEN) unlocking 36.82 million tokens (about $7.07 million), and Ethena unlocking 210 million tokens (about $33.94 million). These unlocks are part of the projects’ scheduled token release curves.

TREE NEWS update: Sberbank, Russia’s largest bank, will now accept Bitcoin, Ethereum, and USDT as collateral for loans, marking a significant move by a major traditional financial institution into crypto. This development signals growing mainstream adoption of digital assets in Russia despite regulatory uncertainties.

TREE NEWS reports: A whale spent $1 million in an hour to buy the ‘Bull Coming’ token, pushing its market cap past $90 million. The purchase caused a brief surge in the token’s value.

TREE NEWS update: In the past 24 hours, total crypto liquidations reached $63.5172 million, with long liquidations at $25.0859 million and short liquidations at $38.4313 million. The data indicates a higher volume of short positions being liquidated, suggesting a market move upward that caught bears off guard.

TREE NEWS reports: RootData reports that MYX will unlock tokens worth approximately $1.28 million in one week. This event may impact token supply and market dynamics.

TREE NEWS update: In a recent commentary, crypto analyst Ansem stated that the current market cycle remains in its early stages, with many tokens in price discovery still near their breakout points. He suggests significant upside potential remains for the broader market.

TREE NEWS reports: Monitoring data shows that 35,110,200 USDT was transferred out of Binance. The destination and purpose of the transfer are not specified.

TREE NEWS reports: Analysts note that Bitcoin short-term holders’ unrealized profit is approaching 15%, suggesting some investors may choose to lock in gains. This could increase selling pressure on the cryptocurrency.

TREE NEWS reports: Unipcs spent 67,000 USDG to purchase 10.96 million PONS tokens, now holding an unrealized profit of $2.48 million, a 37x return. The trade highlights significant gains in the crypto market.

TREE NEWS update: A whale has initiated their first leveraged trading on Hyperliquid, opening long positions in ETH and BTC worth $43.24 million. The positions are currently showing an unrealized loss of $362,000, highlighting the risks of high-stakes trading on the platform.

TREE NEWS reports: SVM public chain Fogo has temporarily halted its mainnet due to unauthorized activity. The team is investigating the incident and will provide updates. Users are advised to stay tuned for further announcements.

TREE NEWS update: Switchboard has temporarily halted operations on the Aptos, Sui, Iota, and Movement networks. The reason for the pause has not been disclosed. This action affects the oracle services on these blockchains.

TREE NEWS update: A whale spent 20.24 million dollars to purchase 243,700 HYPE tokens within 10 hours, according to on-chain data. This significant accumulation may indicate strong conviction in the token’s prospects.

TREE NEWS reports: A dormant whale, inactive for 8 months, has re-entered the market by purchasing 76,900 SOL tokens on the Hyperliquid platform. The significant purchase signals renewed interest from large holders, potentially impacting SOL’s market dynamics.

TREE NEWS reports: CryptoQuant founder Ki Young Ju suggests that the current Bitcoin bull market cycle peak could be fueled by demand from global institutions and ETFs, rather than retail investors. He notes that this dynamic could lead to a prolonged cycle with higher price stability.