Flash News

TREE NEWS update: Eric Balchunas reports that the Bitwise Solana ETF has surpassed $1 billion in assets under management, marking a significant milestone for Solana-based investment products. This growth reflects increasing institutional interest in crypto ETFs beyond Bitcoin and Ethereum.

TREE NEWS reports: Irish drug trafficker Clifton Collins has lost the private key to a wallet containing 500 bitcoins, which were subsequently transferred to Coinbase Prime. The incident highlights the risks of key management and the ongoing challenges in asset recovery.

TREE NEWS reports: Bitcoin’s price dropped below the $79,000 mark, signaling a continued downturn in the crypto market. This decline reflects ongoing market volatility and investor sentiment.

TREE NEWS update: US spot Ether ETFs recorded a net inflow of $225.8 million in a single day, the highest in ten months, signaling renewed institutional interest in crypto assets. This surge follows a broader market recovery and positive regulatory sentiment toward digital assets.

TREE NEWS update: Ethena announced plans to expand its USDe backing strategy to include equity-perpetual basis trades, with the first partner exchange announcements and deployments expected in the coming weeks. This move aims to diversify the collateral backing of its synthetic dollar.

TREE NEWS update: Federal Reserve official Warsh stated that inflation remains above the target, indicating the Fed still has work to do. This suggests that interest rates may stay higher for longer, impacting crypto and risk assets.

TREE NEWS update: Ethereum ETFs saw $226 million in inflows on Thursday, their strongest day in 10 months, contributing to a nine-day streak totaling $1.4 billion. This nearly matches Bitcoin’s daily haul, signaling growing institutional interest in Ethereum.

TREE NEWS update: The Lazarus Group, a notorious hacking entity, has become active again, transferring 244.148 Bitcoin valued at approximately $19.42 million. This movement indicates continued illicit activity in the crypto space.

TREE NEWS update: Data shows that an anti-CZ whale has profited over $7.2 million from long positions on Bitcoin and Ethereum. The whale’s bullish bets have paid off amid recent market movements, highlighting significant gains in the crypto market.

TREE NEWS reports: Glassnode data shows Bitcoin options open interest has recovered to nearly 550,000 BTC, indicating a shift toward positive market sentiment. The rebound suggests growing trader confidence and increased hedging activity in the derivatives market.

TREE NEWS reports: DWF Ventures highlights the accelerating rise of social trading, where platform competition is shifting from trade execution to social networks and information advantages. This trend underscores the growing importance of community-driven insights in crypto markets.

TREE NEWS update: In the past 24 hours, the crypto market saw $270 million in total liquidations, with long positions accounting for $133 million and short positions $136 million. This indicates significant volatility and forced selling across major exchanges.

TREE NEWS update: Polish Olympic Committee president Radosław Piesiewicz faces charges as prosecutors investigate his ties to collapsed cryptocurrency exchange Zondacrypto. The probe highlights regulatory scrutiny in the crypto sector.

TREE NEWS reports: Bernstein analysts suggest that IREN’s ambitious $25-30 billion AI expansion plan could raise investor concerns. The report highlights potential risks associated with the large-scale investment.

TREE NEWS reports: Ethena proposes a revised fee switch mechanism that would activate ENA token buybacks when USDe supply reaches certain thresholds. The plan aims to align token economics with protocol growth.

TREE NEWS update: The California Senate has passed a bill prohibiting public officials from issuing meme coins, aiming to prevent conflicts of interest and misuse of office. The legislation now moves to the Assembly for further consideration.

TREE NEWS reports: A whale address pension-usdt.eth had its ETH short position liquidated, incurring a loss of approximately $23.93 million. The liquidation highlights the risks of leveraged shorting in volatile crypto markets.

TREE NEWS reports: Bybit has introduced perpetual options, a first in the industry, offering stock perpetual options with SpaceX and NVIDIA as initial listings. This innovative product allows traders to gain exposure to traditional equities via crypto derivatives.

TREE NEWS reports: Solana’s price jumped as two major governance proposals to reduce network inflation are set to pass, while its leading decentralized applications (dApps) see renewed activity. Additionally, Charles Schwab now offers Solana exposure to its clients, boosting sentiment.