Flash News

TREE NEWS update: Japanese borrowing costs have reached levels not seen since 1996, with 30-year JGB yields at 4.185%, while Bitcoin surged 22% past $80,000, raising questions about its decoupling from macro pressures. The yen carry trade, a key driver of global risk assets, faces risks if the BOJ raises rates again in September, potentially triggering unwinding and impacting Bitcoin. Analysts debate whether Bitcoin’s resilience is genuine or a prelude to a selloff, with Japanese institutions increasingly adopting crypto.

TREE NEWS update: A survey by OKX reveals strong student demand for cryptocurrency education, yet most learn via social media. Separately, a review found only 28% of accredited US business schools offer blockchain courses, highlighting a gap between demand and formal education.

TREE NEWS reports: Piero Cipollone, an ECB board member, stated that the digital euro will provide a ‘maximum level of privacy,’ with the Eurosystem unable to link individuals to transactions. However, banks handling the transactions would still have access to that information.

TREE NEWS update: Bernstein forecasts Bitcoin to reclaim $125,000 by late 2026, with a base case of $300,000 by 2029 and a bull case of $500,000. The prediction suggests a prolonged cycle peak ahead.

TREE NEWS reports: Revolut has launched its euro-pegged stablecoin, EURR, initially available to selected customers in Denmark, Poland, and Portugal. The reserves are held by a Luxembourg subsidiary of Stripe, marking Revolut’s entry into the stablecoin market.

TREE NEWS reports: A well-known trader suggests that if Bitcoin breaks above $83,000, it could trigger a short squeeze, potentially driving the price to $95,000. The analysis highlights key resistance levels and market dynamics.

TREE NEWS update: Ripple’s stablecoin RLUSD has exceeded a $2 billion market cap, with nearly $1 billion issued on the XRP Ledger. This milestone highlights the growing adoption of RLUSD in the crypto ecosystem.

TREE NEWS update: BNB Chain has joined Mastercard’s crypto partner program, aiming to enhance the integration of blockchain technology with traditional financial services. This collaboration marks a significant step towards bridging the gap between crypto and mainstream finance.

TREE NEWS reports: HPC and TradeXYZ have jointly written to the CFTC, calling for energy perpetual contracts to be brought under US regulatory oversight. The move aims to enhance market integrity and investor protection in the digital asset derivatives space.

TREE NEWS reports: IBM has finalized its acquisition of HRL Laboratories, a move aimed at accelerating advancements in quantum computing. The deal underscores IBM’s commitment to leading the quantum technology race.

TREE NEWS update: LayerZero announced ATLAS, a new settlement engine, during its Morning Minute update. The market reacted positively, with ZRO token rising 10% and climbing nearly 50% from its local bottom.

TREE NEWS reports: According to data from Polymarket, the probability of Ethereum reaching $2,500 in the remaining time of August has surged to 86%. This reflects growing market optimism about ETH’s near-term price action.

TREE NEWS update: Bitget has launched a stock perpetual contract for MARA Holdings, allowing traders to speculate on the mining company’s stock price with leverage. This move expands Bitget’s offerings in crypto-linked equities.

TREE NEWS reports: Binance co-founder Changpeng Zhao (CZ) stated that if Hyperliquid enters the US market, it could open up market space for more decentralized products, marking a major positive for the entire crypto industry. He suggested that such a move would likely be a significant milestone for the sector.

TREE NEWS update: An ECB official stated that the digital euro will provide greater privacy protection than traditional bank transfers. The remarks highlight the central bank’s commitment to data protection as it advances its CBDC project.

TREE NEWS update: Keenable, a crypto startup, has completed a $26 million seed funding round. The investment will be used to further develop its platform and expand operations.