Flash News

TREE NEWS update: A judge stayed the CFTC’s civil case against a US soldier accused of using nonpublic information for a Polymarket bet, but the regulator is seeking to intervene in the criminal case. The dispute centers on the legal interpretation of prediction markets and whether such bets fall under CFTC jurisdiction.

TREE NEWS reports: Strive increased its Bitcoin holdings by 5.5% with an $81.5 million purchase funded by issuing more shares. However, Bitcoin per fully diluted share only rose about 1.4%, indicating dilution partially offset the acquisition.

TREE NEWS update: Bitcoin briefly hit $79,999.99 on Coinbase, its highest since May, before easing. Meanwhile, 80 of the 123 largest non-stablecoin tokens fell, and total crypto market value declined.

TREE NEWS reports: Gemini plans to become the exclusive venue for crypto event contracts offered through Apex’s FCM, expanding its prediction-market reach to brokerage clients. The proposed deal would integrate Gemini’s platform with Apex’s brokerage network, potentially increasing access to crypto prediction markets for retail investors.

TREE NEWS reports: Bitcoin and gold rose as the dollar weakened following expanded Treasury bond buybacks, reflecting concerns about U.S. fiscal policy, analysts say.

TREE NEWS reports: Bernstein analysts express optimism about USDC’s recovery, citing regulatory clarity and market conditions. They maintain a $140 price target for Circle, reflecting confidence in the stablecoin’s growth.

TREE NEWS update: Bernstein analysts highlight a new growth cycle for USDC, with supply rising by $2 billion in a week due to higher transaction activity. They set a $140 price target for Circle, citing factors that could support further expansion.

TREE NEWS reports: Bitcoin Policy UK reported to Parliament that 40% of bank-to-exchange transfers are being blocked in Britain, hindering cryptocurrency adoption. The group calls for regulatory clarity to prevent banks from restricting access to digital assets.

TREE NEWS update: Stand With Crypto, a Coinbase-affiliated advocacy group, has announced its endorsements for the upcoming US general election, aiming to elect the most pro-crypto Congress in history. The move underscores the crypto industry’s push to influence policy and regulation.

TREE NEWS update: Nasdaq-listed Strive made its largest bitcoin purchase in months, acquiring 1,110 BTC. The news sent its stock price soaring as investors reacted positively to the company’s continued bitcoin treasury strategy.

TREE NEWS update: SATA’s fundraising round is expected to raise enough to purchase over 130 bitcoins, with only 90 minutes remaining until the sale concludes. The project is likely conducting a token sale or similar fundraising mechanism.

TREE NEWS update: Strive’s SATA expects to raise enough funds today to purchase over 130 bitcoins, with 90 minutes left in the trading session. Since returning to par value, SATA’s trading volume has exceeded $125 million over the past three days.

TREE NEWS reports: Hyperliquid’s token reaches an all-time high ahead of a $1.2 billion token unlock, the largest remaining supply release for the project. The news highlights the market’s anticipation and potential volatility surrounding the event.

TREE NEWS update: Hyperliquid has listed a new spot trading pair for ONE, with an initial buy of 593.99 HYPE (worth $46.9K). The listing expands the exchange’s spot market offerings.

TREE NEWS update: ZEC surged past $880, marking an eight-year high, while open interest in perpetual futures jumped to $1.8 billion. The spike reflects heightened speculative interest in the privacy-focused cryptocurrency.

TREE NEWS update: Bitcoin price surpassed $80,000 for the first time since May, triggering over $220 million in short liquidations across crypto markets. Analysts caution that sustained levels above this mark are needed to challenge the bear-market thesis.