Flash News

TREE NEWS update: Crypto stocks rebounded sharply as Bitcoin surged past $81,000 and Ethereum exceeded $2,500, driven by regulatory optimism and Trump’s comments. Strategy sold 18.26 million MSTR shares for $2.007 billion, while BitMine increased its ETH holdings by 32,447 to 5.847 million, with total assets reaching $14.9 billion. Meanwhile, hedge funds recorded their largest net selling of US stocks since April, and JPMorgan warned of AI trade similarities to the dot-com bubble.

TREE NEWS reports: Monitoring data shows that 62.7014 million USDT has been transferred to Binance. The purpose of the transfer is not specified.

TREE NEWS reports: Bitcoin ETFs recorded $338 million in net inflows on the latest day, extending a six-day streak to $2.26 billion total. Year-to-date net outflows have narrowed to approximately $2.57 billion.

TREE NEWS update: Shipyard, a contributor to IPFS ecosystem, will cease its IPFS-related operations on September 30 due to Protocol Labs discontinuing funding. The move marks a significant shift in the IPFS development landscape.

TREE NEWS reports: Data shows that Hyperliquid platform whales currently hold $7.146 billion, with a long/short position ratio of 0.92. This indicates a slight bearish sentiment among large traders on the platform.

TREE NEWS update: A major whale has fully closed out its short positions that had set 10 large price targets, resulting in overall losses across three trades. The moves highlight the volatility and risk in the current market.

TREE NEWS reports: Bitcoin surged past $80,000, its highest in over 100 days, with a nearly 30% weekly gain, sparking a broad rally in crypto-related stocks. Key names like Strategy, Coinbase, Circle, Robinhood, and Bitmine rebounded sharply from their lows, with some gaining over 80%. The recovery highlights the leveraged nature of these stocks relative to BTC and ETH.

TREE NEWS reports: South Korean crypto exchange Upbit saw its 24-hour trading volume soar by 138.2% to approximately $1.446 billion. The surge reflects heightened market activity, possibly driven by increased retail interest or broader crypto market movements.

TREE NEWS reports: The Blockchain Association has voiced support for the GENIUS Act’s stablecoin companion rules while advocating for a narrower scope of customer identification requirements. The group argues that overly broad KYC measures could stifle innovation and burden smaller participants in the crypto ecosystem.

TREE NEWS reports: Strive CEO Matt Cole stated on X that February 19 marked the bottom for ASST, and despite extreme pessimism, his conviction in Bitcoin and the company’s long-term strategy remained unchanged, with executives and directors buying ASST shares with personal funds. He noted that while ASST’s stock has surged and sentiment has improved, the company remains focused on its Bitcoin-centric capital structure and believes the bull market is just beginning, staying ‘All-in’.

TREE NEWS reports: Goldman Sachs reports that crypto trading volumes have declined for ten consecutive months, suggesting a potential inflection point may be approaching. The bank’s analysis indicates that despite the prolonged downturn, market conditions could be set for a reversal.

TREE NEWS update: Polymarket bettors now see a 44% chance Bitcoin hits $85,000 by end of August, up 26% in 24 hours. The shift reflects growing bullish sentiment in the crypto market.

TREE NEWS update: Polymarket’s prediction market shows a 44% probability (up 26% in 24h) that Bitcoin will reach $85,000 in the remaining days of August. The chance of hitting $90,000 also rose to 12%, up 6% in 24 hours. The market settles based on Binance’s BTC/USDT 1-minute high price.

TREE NEWS reports: A Las Vegas businessman has been convicted for orchestrating a $24 million cryptocurrency Ponzi scheme, facing up to 280 years in prison. The case underscores ongoing regulatory scrutiny of fraudulent crypto investment schemes.

TREE NEWS reports: Brent Kovar, a Las Vegas businessman, has been convicted by a jury for his role in a $24 million cryptocurrency Ponzi scheme. The DOJ stated that Kovar used investor funds to operate Profit Connect, paying old investors with new money under the guise of mining profits. He faces up to 280 years in prison.

TREE NEWS reports: According to CoinGlass data, Gate’s ChangXin Memory (CXMT) open interest now ranks first among centralized exchanges. This indicates significant market activity and positioning in the CXMT perpetual contract on Gate.

TREE NEWS reports: On-chain analyst Ai Yi reports that trader ‘先定10个大目标’ has cumulative losses from three trades since returning, despite previously disclosed profits of ~$70M. The trader gained $20M on longs but lost ~$6.28M on the first BTC short and ~$10.16M plus ~$9M (estimated) on the second BTC short, totaling over $25M in losses.

TREE NEWS update: Decred has announced that approximately 2077.97 DCR tokens were minted due to a vulnerability, and the network will not be rolled back to undo the minting. The decision stands despite the exploit, which raised concerns about token supply integrity.

TREE NEWS reports: Decred’s mainnet inflation bug was exploited on Aug 16-17, minting ~2077.97 DCR. The vulnerability existed since Feb 2016 and allowed double-spend inputs. Decred chose not to roll back to minimize user impact, and the extra supply is negligible versus the 2100万 hard cap.

TREE NEWS reports: Data shows that the total open interest of BTC contracts across all exchanges increased by 5.41% in the past 24 hours. This indicates growing market participation and potential volatility in the near term.