Flash News

TREE NEWS reports: Data shows Bitcoin short-term holders are currently facing an average unrealized loss of 6%, indicating market pressure. However, the absence of capitulation-style selling suggests the downturn may not have reached its worst point.

TREE NEWS reports: Dutch authorities have liquidated approximately $2.5 million in cryptocurrency held by the bankrupt platform Knaken, with proceeds going to creditors. The trustee revealed that Knaken purchased the coins in its own name, leaving customers with only a euro claim against the collapsed company.

TREE NEWS update: Despite a 14% Bitcoin price drop in Q2, institutional ETF holdings rose 7.5%, with Wells Fargo and JPMorgan each adding over 10,000 BTC. Institutional share of ETF holdings hit a record 44.2%, signaling smart money accumulation at perceived bottom levels.

TREE NEWS update: BitMart founder Sheldon has refuted an accountability statement from employees, calling its contents false and announcing plans to involve the police. The dispute highlights internal tensions at the exchange amid ongoing regulatory scrutiny.

TREE NEWS reports: Harmony has revealed a rollback plan to revert the blockchain to its August 11 block state, aiming to eliminate the impact of forged token inflation. This move is intended to restore network integrity after the exploit.

TREE NEWS update: Cryptocurrency prices show significant divergence today, with DIA surging over 31% while BEL falls over 16%, indicating volatile market conditions. This data highlights ongoing price fluctuations in the crypto sector.

TREE NEWS reports: Austria’s Financial Market Authority (FMA) has imposed a fine on Bitpanda for violating MiCA rules on crypto white papers and marketing communications, marking the first published penalty under the EU’s Markets in Crypto-Assets regulation. The decision is now final, signaling increased regulatory scrutiny in the crypto sector.

TREE NEWS reports: SafePal, a bitcoin wallet provider, suffered a data breach via a third-party order-tracking plug-in, exposing names, addresses, and phone numbers of nearly 40,000 customers. The leak raises concerns about potential physical attacks on users, though no funds were reportedly compromised.

TREE NEWS reports: JPMorgan has increased its holdings in Zhongji Innolight and Luxshare Precision H-shares, with stakes rising to 16.14% and 8.36% respectively. This move reflects growing institutional confidence in these tech hardware companies, which are key suppliers to major global tech firms.

TREE NEWS reports: Hyperliquid’s HIP-3 market has reached an all-time high in open interest, totaling $4.3 billion. This milestone underscores the growing adoption of its perpetuals trading platform.

TREE NEWS reports: DGrid AI has launched the eligibility check and claim process for its $DGAI token airdrop. Users can now verify their qualification and claim their tokens, marking a key step in the project’s token distribution.

TREE NEWS update: Renaissance Technologies increased its holdings in Strategy by 422,881 shares, bringing its total stake value to $242.3 million. This move highlights continued institutional interest in crypto-exposed equities.

TREE NEWS update: Synthetix has implemented SIP-423, which deprecates its sUSD stablecoin and overhauls the SNX staking mechanism. The upgrade aims to streamline the protocol’s collateral and reward structure, potentially impacting DeFi users and SNX holders.

TREE NEWS reports: B.AI announces limited-time free access to DeepSeek-V4-Flash, along with multiple incentives to boost its ecosystem. This move aims to attract users and developers to the platform.

TREE NEWS update: BitMart’s Chinese X account demanded a repayment plan by Aug. 19, alleging blocked withdrawals and unpaid salaries. Founder Sheldon Xia dismissed these claims as ‘fabricated rumors.’ The exchange’s operational status remains disputed, with no official resolution announced.

TREE NEWS reports: A whale transferred 32,400 ETH, valued at approximately $61.46 million, to the Ethereum staking deposit contract. This large deposit indicates continued confidence in ETH staking and may influence market sentiment.

TREE NEWS update: Apple is implementing changes to enhance advertising transparency in the European Union, responding to regulatory pressures. These adjustments aim to provide users with clearer information about ad targeting and data usage. The move aligns with EU digital regulations and could impact digital advertising markets.

TREE NEWS update: Bitget has listed perpetual contracts for ChangXin Memory Technologies (CXMT), allowing users to trade its stock via derivatives. This move expands Bitget’s crypto-linked stock offerings, bridging traditional equities with the crypto trading ecosystem.

TREE NEWS reports: A wallet linked to the SIREN price manipulator transferred 1.324 billion XPIN tokens to Binance Alpha, triggering a 29% price decline. The move signals potential sell pressure and highlights ongoing market manipulation concerns in the crypto space.