Flash News

TREE NEWS update: Ethereum spot ETFs recorded a net inflow of $102 million yesterday, marking the 10th consecutive day of positive flows. This sustained momentum underscores growing institutional interest in ETH-based investment products.

TREE NEWS update: In the seven days through August 27, Circle issued approximately 11.2 billion USDC and redeemed 10.2 billion, increasing circulation by about 1 billion. Total USDC circulation stands at 73.7 billion, backed by reserves of about $74 billion, including $49.6 billion in overnight reverse repo, $13.2 billion in Treasury bills under 3 months, $10.5 billion in systemically important institution deposits, and $0.7 billion in other bank deposits.

TREE NEWS update: US spot Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending a nine-day inflow streak, with ARK 21Shares leading the outflows. Total fund assets fell back below $100 billion as Bitcoin’s price dipped below $78,000.

TREE NEWS update: Hong Kong’s Securities and Futures Commission has named Starcapital as an unlicensed firm, warning that some funds lost in London gold margin calls were deposited in USDT and may be hard to recover. The regulator urges investors to verify licenses and avoid unregulated platforms.

TREE NEWS reports: Jupiter Mobile informed Jupiter Card users that the Avici security incident on Solana prompted issuer Rain to temporarily pause balance withdrawals for checks, which have now concluded. Jupiter accounts, card payments, and on-chain wallets were unaffected, and users can resume withdrawals.

TREE NEWS update: Hyperbot data shows that the largest LIT short on Hyperliquid closed all its BTC and ETH long positions, then opened 10x leveraged short positions on AVAX and HYPE, and a 20x leveraged short on SOL. Its existing 3x short on 2.528 million LIT is now at a floating loss of $5.25 million, with overall position ROI around -115%.

TREE NEWS reports: Elon Musk responded to reports that OpenAI will end its partnership with Cursor, saying he doesn’t care and reiterating that Sam Altman and others are untrustworthy. The comments add to ongoing tensions between Musk and OpenAI.

TREE NEWS reports: Avici has announced it will fully refund approximately $500,000 in losses to 1,685 affected users. The move aims to restore trust and compensate victims of the incident.

TREE NEWS update: Fifteen associated wallets of the GOLD team sold their entire 224.5 million GOLD tokens, realizing a profit of approximately $312,000. The coordinated sale suggests insider distribution, raising concerns about token dumping.

TREE NEWS reports: Musk responded to OpenAI’s plan to terminate its partnership with Cursor after SpaceX’s acquisition, saying he ‘doesn’t care at all.’ He further attacked OpenAI CEO Sam Altman and co-founder Greg Brockman, calling them ‘completely untrustworthy’ and accusing them of ‘stealing an open-source nonprofit.’ The long-standing conflict between Musk and OpenAI has escalated publicly again.

TREE NEWS reports: This week’s insights cover macro trends like Treasury issuance and gold’s rally, Arthur Hayes’ bullish ETH outlook, and the surge in altcoins. Key developments include Grayscale’s push to convert ZEC and TAO trusts to ETFs, Hyperliquid’s new buyback mechanism, and Ethena’s token buyback and unlock cancellation. The piece also touches on AI demand from Nvidia, Galaxy’s crypto-backed credit lines, and BitMine’s growing ETH holdings.

TREE NEWS update: New York state officials warn that AI-generated deepfakes and fraudulent crypto projects are making investment scams increasingly convincing. The combination of advanced technology and fake digital assets poses a growing threat to investors, urging heightened vigilance.

TREE NEWS reports: Six Bitcoin wallets that had been dormant for over a decade moved a combined $40 million, with most funds not sent to exchanges. The activity suggests long-term holders may be repositioning or selling, though the lack of exchange deposits could indicate OTC deals or custody changes.

TREE NEWS update: The current Crypto Fear & Greed Index stands at 67, indicating a state of greed in the market. This suggests investor sentiment is positive, with increased risk appetite.

TREE NEWS reports: The GOLD project team announced that it has earned over $8.2 million in profit today. The announcement was made via ChainCatcher, indicating a significant financial gain for the project.

TREE NEWS reports: Bitcoin spot ETFs recorded a net outflow of $202 million yesterday, breaking a nine-day streak of net inflows. This marks a notable shift in investor sentiment for the newly launched funds.

TREE NEWS update: The promotional tweet for meme coin GOLD was deleted, causing its price to drop to zero. This incident highlights the volatility and risks associated with meme coins.

TREE NEWS update: A meme coin named GOLD experienced a dramatic crash, dropping more than 95% in just one minute. The sudden collapse highlights the extreme volatility and risks associated with meme coins.

TREE NEWS reports: In the past 24 hours, total crypto liquidations reached $452 million, with long positions accounting for $360 million and short positions $91.99 million. This indicates significant market volatility and leveraged trading activity.

TREE NEWS update: Data shows that the team controls 82.45% of the total GOLD supply, with developers holding 600 million GOLD tokens. This concentration raises concerns about centralization and potential market manipulation.