TREE NEWS update: Michael Saylor announced that Strategy’s digital credit instrument has outperformed Bitcoin over the past year. This highlights the growing appeal of yield-generating crypto lending products.
TREE NEWS update: Data shows Bitcoin’s lost supply has reached a new all-time high of 3.56 million coins, representing 17.7% of the circulating supply. This milestone underscores the growing scarcity of Bitcoin, which could have long-term implications for its value proposition.
TREE NEWS reports: The market cap of the BSC-based meme coin ‘Bull Coming’ briefly fell below $14 million, marking a drop of over 51% from its recent high. This sharp decline highlights the volatility in meme coin trading on BSC.
TREE NEWS update: A well-known trader suggests that if Bitcoin reclaims the $69,500 level, it may formally confirm a shift to a bull market. The analysis highlights the significance of this price point as a key technical indicator for trend reversal.
TREE NEWS reports: Tether CEO Paolo Ardoino stated that the company is not building any blockchain and has no such plans. This clarifies speculation about Tether’s potential entry into blockchain infrastructure.
TREE NEWS reports: The current Crypto Fear and Greed Index stands at 35, signaling a state of fear among market participants. This suggests cautious sentiment and potential selling pressure in the cryptocurrency market.
TREE NEWS update: In the last 24 hours, ALICE token fell over 15%, while HEMI surged over 59% to reach a new intraday high. This highlights continued volatility in the crypto market.
TREE NEWS reports: A crypto whale transferred 884.55 ETH, valued at approximately $1.66 million, to two new wallets. The move suggests a potential strategy shift or preparation for future transactions, but no further details are provided.
TREE NEWS reports: The co-founder of IREN stated that the rapid expansion of AI data centers will further drive up demand, while infrastructure supply struggles to keep pace. This highlights a growing bottleneck in the tech sector, potentially impacting crypto mining and AI-related stocks.
TREE NEWS update: According to RootData, the SOON token will unlock approximately $3.93 million worth of tokens in one week. This event is part of the project’s scheduled token release, which may impact market liquidity and price.
TREE NEWS reports: Data shows that Coinbase’s Bitcoin negative premium has persisted for 90 days, setting a new all-time record. This indicates sustained selling pressure on US investors, potentially signaling a shift in market dynamics.
TREE NEWS update: A crypto address reportedly accumulated $284,000 in profits from trading the ‘Niu Lai’ token. The trade highlights the ongoing speculative activity in meme coins.
TREE NEWS reports: Data shows that whale positions on the Hyperliquid platform currently total $5.36 billion, with a long/short ratio of 0.96. This indicates a balanced but slightly short-leaning sentiment among large traders, potentially signaling market caution.
TREE NEWS update: Harvard University’s endowment fund has disclosed a $2.21 billion stake in SpaceX, while its Bitcoin ETF holdings remain unchanged. This move highlights institutional interest in private space ventures alongside continued crypto exposure.
TREE NEWS reports: A crypto analyst predicts Bitcoin could bottom in October, suggesting investors consider dollar-cost averaging within the $48,000 to $62,000 range. The forecast is based on technical and cyclical analysis, but remains speculative.
TREE NEWS update: A wallet associated with Multicoin Capital still holds approximately 1.777 million HYPE tokens, valued at around $102 million. The data highlights the firm’s significant position in the Hyperliquid ecosystem.
TREE NEWS reports: Bitcoin miner holdings have dropped to 1.1919 million BTC, the lowest level since May 31, indicating potential selling pressure. This decline reflects miners’ cash flow needs amid market conditions.
TREE NEWS update: Cboe Global Markets has applied to list leveraged ETFs offering 3x exposure to Bitcoin, Ether, gold, and natural gas, expanding its crypto and commodity product lineup. The move signals growing institutional demand for high-risk crypto and commodity derivatives.
TREE NEWS reports: Ondo Stocks, the tokenized equities platform, has achieved a major milestone with its total value locked (TVL) exceeding $1 billion. This surge underscores the growing adoption of real-world asset tokenization in traditional finance markets.
TREE NEWS update: Morgan Stanley’s bitcoin ETF has recorded a paper loss of $66.8 million within 85 days of its launch, yet it has attracted $371.1 million in subscriptions. The fund’s performance reflects market volatility, but investor interest remains strong.
Subscribe to get important Web3 & AI updates from the TREE NEWS desk by email — free.