Flash News

TREE NEWS update: RQD Clearing, a clearing firm, has completed a $74 million funding round led by Bain Capital. The funds will be used to expand its clearing services, potentially in the digital asset space.

TREE NEWS update: Hyperliquid Strategies, the treasury arm of HYPE, has raised $647 million, doubling its HYPE token reserves to 29.3 million. The funding is expected to bolster the project’s financial position and support its ecosystem growth.

TREE NEWS update: Popular streamer Du Shi revealed he was scammed out of tens of millions of RMB by Sun Zeyu, founder of Genesis Capital, who allegedly provided fake ETH on a private fork chain to deceive him. The scam, lasting eight years, involved a chain with only seven addresses, six controlled by Sun. Du Shi’s case highlights the risks of entrusting crypto assets to others, and legal action is pending.

TREE NEWS update: BlackRock has purchased Bitcoin and Ethereum for eight consecutive trading days, with total inflows exceeding $3.1 billion. This sustained accumulation signals strong institutional demand for digital assets.

TREE NEWS reports: Since June, ETH exchange balances have decreased by 1.4 million coins, while BTC balances have increased against the trend. This shift suggests differing investor behavior between the two major cryptocurrencies.

TREE NEWS update: The Ethena Foundation has unveiled four significant ecosystem adjustments, including a buyback of ENA tokens and the elimination of monthly VC unlocks. These changes aim to restructure tokenomics and enhance long-term sustainability.

TREE NEWS update: Genius Group, an AI-focused education company, unveiled a $1.2 billion capital plan to fund its AI Treasury and Bitcoin Treasury initiatives. The move signals growing corporate adoption of Bitcoin as a treasury reserve asset alongside AI investments.

TREE NEWS reports: Bitcoin remains stable around $80,000 as traders await the Jackson Hole symposium for potential market-moving signals. The focus is on any hints about monetary policy that could impact risk assets including crypto.

TREE NEWS reports: Ripple Prime has introduced Delta One, a new service expanding its US equity derivatives business. This move diversifies Ripple’s offerings beyond crypto into traditional financial markets.

TREE NEWS reports: Data shows that if Bitcoin falls below $75,528, the cumulative long liquidation intensity on major centralized exchanges could reach $1.554 billion. This highlights the potential for a sharp market move and increased volatility.

TREE NEWS reports: In the past 24 hours, the crypto market witnessed $387 million in total liquidations, with short positions accounting for $245 million and longs at $141 million. This indicates a volatile trading session with significant losses for traders.

TREE NEWS update: Charles Schwab is broadening its cryptocurrency trading offerings to include Solana (SOL), Avalanche (AVAX), and Chainlink (LINK). This move signals continued integration of digital assets into traditional financial platforms.

TREE NEWS update: DeFi Development, the treasury company of Solana, has resumed purchasing SOL, increasing its holdings to 2.33 million tokens. This move signals continued confidence in the Solana ecosystem.

TREE NEWS reports: A trader has opened a 20x leveraged long position on SOL worth approximately $10.45 million. This follows the trader’s previous success, having earned over $11 million from a long ETH position.

TREE NEWS update: Sparrow Wallet has released version 2.5.4, a security update that expands independent verification capabilities. Users are encouraged to update to enhance their wallet’s security and trustless operation.