Flash News

TREE NEWS reports: A whale or institution sold its final 10,000 ETH over the counter through Galaxy Digital five hours ago, fully exiting a position of 52,000 ETH. The entity accumulated the 52,000 ETH between July and September at an average price of $2,161 and has been selling since late September at an average of $2,632, netting a $24.49 million profit.

TREE NEWS update: Citadel Securities and BNY (Bank of New York Mellon) completed a tokenized U.S. Treasury repurchase transaction. Citadel Securities used tokenized two-year U.S. Treasury notes as collateral in an overnight repo trade, with BNY providing cash. BNY said this is the first time tokenized assets have been applied to a major tri-party repo platform. The Treasuries were purchased through the Tradeweb platform, and the tokenized version settled within minutes, significantly shorter than the traditional T+1 settlement cycle.

TREE NEWS reports: Citadel Securities and Bank of New York Mellon (BNY) have completed a tokenized U.S. Treasury repurchase transaction, using tokenized two-year Treasury notes as collateral for an overnight repo trade in which BNY provided cash. BNY said this is the first time tokenized assets have been used on a major tri-party repo platform. The Treasury notes were purchased via Tradeweb and the tokenized version settled within minutes, compared with the traditional T+1 cycle.

TREE NEWS update: Citadel Securities and Bank of New York Mellon (BNY) have completed a tokenized US Treasury repurchase transaction, using tokenized two-year Treasury notes as collateral for an overnight repo trade in which BNY provided the cash. BNY said this is the first time tokenized assets have been used on a major triparty repo platform. The Treasury notes were purchased through Tradeweb and the tokenized version settled within minutes, compared with the traditional T+1 cycle.

TREE NEWS reports: Citadel Securities and Bank of New York Mellon (BNY) have completed a repo transaction involving tokenized US Treasuries. The overnight repo transaction used tokenized 2-year US Treasuries as collateral, with BNY supplying cash. According to BNY, this marks the first time tokenized assets have been used on a major triparty repo platform. The US Treasuries were purchased through Tradeweb, and the tokenized version settled in minutes, compared with the traditional T+1 cycle.

TREE NEWS update: Bitcoin treasury company Strive (ASST) plans to issue 5 million shares of a new perpetual preferred stock, SATS, at $100 per share to raise $500 million. Proceeds will fund additional bitcoin purchases, acquisitions of yield-bearing assets, or share buybacks. SATS carries a fixed 15% dividend paid daily and ranks junior to Strive’s existing SATA preferred, now yielding 13%. Strive also plans a reserve covering SATS’s first 18 months of dividends.

TREE NEWS update: Robinhood has opened its social trading network, Robinhood Social, to all eligible US users, CEO Vlad Tenev said on October 13. The in-app feed lets users follow other traders, view shared account activity and place qualifying trades directly from posts via Quick trade, and share charts, P&L and portfolio allocations. Launched in beta in March, it will reach the desktop platform Robinhood Legend in coming weeks. Futures and multi-leg options cannot be shared.

TREE NEWS reports: Prediction market Polymarket shows only a 27% probability that Bitcoin reaches $100,000 before 2027, with just 2% odds of hitting that level before November 2026, on roughly $75.1 million of trading volume in its 2026 Bitcoin price market. Polymarket puts the chance of Bitcoin touching $80,000 in October 2026 at 57%, $77,500 at 33% and $75,000 at 21%. Kalshi’s October Bitcoin forecast stands at $87,000.

TREE NEWS update: Ledger has asked resellers in Southeast Asia and Hong Kong to pull its wallet devices from shelves while an investigation establishes where tampering occurred. The wallet maker requested the halt as investigators work to determine the source of the compromise. No further details on the scope or timing of the investigation were provided.

TREE NEWS update: Astronomers using the James Webb Space Telescope have found strong evidence of an atmosphere on HD 3167b, a lava planet resembling early Earth but too hot for life. The finding challenges the prevailing view that rocky planets orbiting so close to their stars have their atmospheres stripped away by stellar radiation. The work, by a University of Chicago team, was published in the latest issue of The Astrophysical Journal Letters.

TREE NEWS reports: Optimism’s OP token rose 18%, extending its four-week advance to 66%, outpacing both bitcoin and ether over matched daily and multiweek windows. Starknet’s STRK, however, posted a much larger four-week rally than OP over the same period.

TREE NEWS update: Optimism’s OP token rose 18%, extending its 4-week gain to 66%. It outperformed both Bitcoin and Ether over the same daily and multi-week comparison periods. However, Starknet’s STRK posted a much larger 4-week gain than OP over the same period.

TREE NEWS reports: Circle minted 250 million USDC on the Solana network at 05:17 UTC, worth about $250 million, with the transaction confirmed on Solscan. It was the third such mint of the day, following 250 million USDC issuances at 00:17 and 05:04. Circle has now minted a total of 750 million USDC on Solana in the past 24 hours.

TREE NEWS update: The FBI tallied $17 billion in losses tied to scam centers, as a coordinated enforcement week in West Africa led to 28 arrests. The DOJ said the operation removed more than 3.7 million online accounts, pages and groups and identified over $11 million in potentially freezable funds.

TREE NEWS reports: Statistics from the U.S. Federal Bureau of Investigation (FBI) show that losses related to scam centers reached $17 billion. The U.S. Department of Justice said a coordinated week-long law enforcement operation in West Africa led to the arrest of 28 people and the removal of more than 3.7 million online accounts, pages, and groups, while also identifying more than $11 million in funds that can be frozen.

TREE NEWS update: Binance will discontinue Binance Pool, Pool Savings, Cloud Mining and other related services, ending its bitcoin mining pool operation after six years. The exchange said the retreat covers its mining infrastructure, with the affected products to be wound down. No timeline or further details were disclosed.

TREE NEWS update: Pump.fun said its BOOST mechanism has reinjected a cumulative $106 million into its ecosystem in roughly three months since launch. Introduced in July, BOOST is the standard issuance mechanism for all new tokens on the platform, designed to return “dead liquidity” lost during token migrations to every token that completes its bonding curve. Pump.fun has previously said more than $100 million in dead liquidity is lost annually to migrations.

TREE NEWS update: Austin-based Icon, one of the largest players in 3D-printed housing, announced on October 13 a $200 million Series D round co-led by Baillie Gifford and a BlackRock fund. The raise brings Icon’s total funding to $700 million and values the company at $1.4 billion.