Flash News

TREE NEWS reports: Bitcoin struggled to establish support at $80,000 as all investor cohorts returned to net profitability, raising questions about supply absorption. Analysts suggest the market needs to absorb selling pressure before a sustained recovery can occur.

TREE NEWS update: Binance recorded a net outflow of 41.0786 million USDT in the past hour, according to data. This suggests significant withdrawal activity on the exchange, which may indicate market movement or trader behavior. The outflow is a notable shift in exchange reserves.

TREE NEWS reports: RootData’s latest data reveals that among crypto derivatives exchanges, HTX, BingX, and OrangeX have the highest bid-ask spreads, indicating lower liquidity. The report highlights significant price differences across major platforms, which could impact trading strategies.

TREE NEWS reports: Judge Katherine Polk Failla has adjourned Roman Storm’s retrial for over six months, moving it to April 2027. The decision comes as his motion for acquittal remains undecided, prolonging the legal uncertainty for the Tornado Cash developer.

TREE NEWS update: South Korean crypto exchange Upbit has listed Polyswarm (NCT), enabling trading against the Korean won (KRW). The listing provides Korean investors with direct access to the cybersecurity token, potentially increasing its liquidity and market visibility.

TREE NEWS reports: Bernstein analysts forecast Bitcoin reaching $150,000 by mid-2027 and peaking around $300,000 by 2029, citing institutional adoption and supply dynamics. The report underscores growing mainstream acceptance of crypto as an asset class.

TREE NEWS update: Kalshi, a prediction market platform, has sold $1.12 billion of its $1.5 billion equity offering, according to a Form D filing. The offering, which lists 71 investors, relies on an exemption for private offerings without SEC registration. This indicates strong investor interest in the platform.

TREE NEWS reports: In a recent analysis, Jiang Zhuoer stated that the probability of Bitcoin dropping below $67,000 is very low, and he believes Ethereum remains the engine of this bull market cycle. His comments come amid ongoing market volatility and investor uncertainty.

TREE NEWS reports: OpenAI’s first self-developed ASIC chip, Jalapeño, has reportedly surpassed Nvidia’s GB300 and Blackwell in key performance metrics, according to tests by SemiAnalysis. The chip, developed with Broadcom, achieves higher throughput and lower latency while consuming less power, marking a significant milestone in AI hardware. However, experts note it is still in engineering sample stage, with mass production expected by 2027.

TREE NEWS reports: Data shows that Binance has seen a USDC inflow of over $470 million, marking the highest level in six months. This surge suggests increased investor interest or activity in the stablecoin market on the exchange.

TREE NEWS reports: A whale address has accumulated 6,000 ETH since August 17, currently holding an unrealized profit of $130,000. The move highlights ongoing accumulation by large holders amid market conditions.

TREE NEWS update: Analysts report that Bitcoin’s on-chain capital inflows have turned positive for the first time in nearly three months, indicating a potential shift in market sentiment. However, the strength of demand remains at historically low levels, suggesting that the recovery may be fragile.

TREE NEWS reports: Gate’s global stock services now cover four core markets, with E-World and HanmiGlobal leading gains in the Korean stock market. This expansion enhances Gate’s international trading capabilities and provides users with broader access to global equities.

TREE NEWS reports: Lisk Chain will cease operations on October 31, offering projects the option to migrate to Celo. This marks the end of Lisk’s independent chain as it integrates into the broader ecosystem.

TREE NEWS reports: The Zcash spot ETF has dropped 8% since its launch, ending a 60% price surge. The decline reflects typical post-listing volatility and profit-taking after the initial hype.

TREE NEWS reports: Chinese influencer ‘Dishi’ publicly accused Sun Zeyu of deceiving him over eight years, causing losses amounting to tens of millions of yuan. The allegations highlight risks in the crypto space, though details remain unverified.

TREE NEWS update: OKX has introduced the AEON Flash Earn Lite campaign, offering users new opportunities to earn rewards. The initiative leverages AEON tokens within OKX’s earn products, reflecting ongoing engagement with emerging crypto assets.

TREE NEWS update: A whale that previously suffered a $12 million loss from buying high and selling low has re-entered the market, accumulating 2,165 ETH at an average price of $2,463. This move indicates renewed confidence in Ethereum despite past losses.

TREE NEWS update: A trader has again opened a 3x leveraged long position on 143,890 SOL, valued at approximately $14 million. The move indicates strong bullish sentiment on Solana despite market volatility.