Flash News

TREE NEWS update: Vanguard Total Stock Market Index Fund has increased its stake in bitcoin treasury company Strive to 1.99 million shares, valued at $51.5 million, Bitcoin Treasuries disclosed. The fund’s holding was reported in a filing, marking a larger position in the bitcoin-focused firm.

TREE NEWS reports: The crypto industry has spent $176 million on next week’s U.S. midterm elections, but only 13% of Americans say a candidate’s support for crypto growth is very important. The findings highlight a gap between industry spending and voter priorities ahead of the elections.

TREE NEWS reports: About $11 billion of Bitcoin options are set to expire Friday, representing a third of Deribit’s Bitcoin options, one day after the Federal Reserve held interest rates steady with two officials voting to hike. The expiry lands as traders weigh the Fed’s split decision.

TREE NEWS update: Hyperliquid’s HYPE token rallied after NYSE owner ICE and Trade[XYZ] unveiled plans for US perpetual futures, with the token teasing an all-time high. The move followed news that the two firms intend to offer the products in the US market.

TREE NEWS update: KuCoin has suspended services for users based in Russia and Belarus, citing legal and regulatory compliance. The two countries are currently targets of international sanctions. The exchange did not provide a timeline for the suspension or further details on affected accounts.

TREE NEWS reports: Bitcoin is trading close to the average price paid by U.S. spot ETF holders, Glassnode data shows, with roughly 4 million BTC acquired above $85,000 potentially acting as overhead supply that could cap a recovery. The analysis comes a day after the Federal Reserve held interest rates steady.

TREE NEWS update: India’s Enforcement Directorate has conducted searches as part of a probe into $524 million in crypto transfers, naming Binance and Bybit as platforms used for alleged foreign payouts. The agency did not announce charges against either exchange. The investigation centers on transfers routed through the two platforms.

TREE NEWS update: Nvidia said CEO Jensen Huang’s contacts with Megaspeed were not abnormal, responding to scrutiny of the relationship. The company stated that the interactions between its chief executive and Megaspeed showed no irregularities. The statement did not provide further details on the nature or timing of the contacts.

TREE NEWS update: Intercontinental Exchange, owner of the New York Stock Exchange, signed a deal with Trade[XYZ] to launch regulated perpetual futures built on Hyperliquid in the United States. The announcement sent Hyperliquid’s HYPE token up 13%. The partnership would bring on-chain perpetual futures into a regulated US framework.

TREE NEWS update: Kalshi has raised $1 billion at a $40 billion valuation, with its non-sports revenue run rate surpassing $1 billion, the prediction market said. The round comes as Kalshi expands partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.

TREE NEWS reports: Bitcoin rose to $81,500 on Wednesday, returning to a key weekly resistance level, as US GDP data came in above expectations. US stock markets digested the print alongside Alphabet’s third-quarter earnings miss. The move put BTC price action back at a closely watched technical level.

TREE NEWS reports: Situational Awareness is seeking to raise capital to fund a bet on Fluidstack. No fundraising target, valuation or investor details were disclosed. Fluidstack is a cloud computing platform, while Situational Awareness is an investment entity; further terms of the planned raise were not provided.

TREE NEWS update: Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, will partner with and invest in Trade[XYZ] to launch regulated, Hyperliquid-based perpetual futures in the United States. The announcement sent HYPE, Hyperliquid’s token, up 15%. The move would bring Hyperliquid’s perpetual futures products into the U.S. under a regulated framework.

TREE NEWS update: Uniswap Labs has opened its Token Jar fee conversion system to third-party applications through a new tool called TJAR, with Robinhood as the first app to adopt it. The tool lets external apps convert tokens into fees using Uniswap’s infrastructure. No further terms, timeline or fee figures were disclosed.

TREE NEWS reports: Graphics card prices in Shenzhen’s Huaqiangbei electronics market have risen sharply again, with some popular models up more than 1,000 yuan in a week and some high-end models quoted above 50,000 yuan, agents said on October 27. Prices are changing as often as twice a day, and second-hand card prices have risen in tandem, but merchants say the cards are not selling.

TREE NEWS reports: Contracts on seven offshore crypto exchanges imply a valuation of about $1.9 trillion for Anthropic, ranging from $1.87 trillion to $1.92 trillion, after the AI company made its IPO filing public on Monday. On trade.xyz, a venue on the Hyperliquid blockchain, a contract on Anthropic’s shares is among those trading the implied price.

TREE NEWS update: Tether’s USDT is launching on Bitcoin, bringing a private, Lightning-fast version of the stablecoin to the network. The move positions Bitcoin-based USDT against established stablecoin activity on Ethereum and Tron. The revamped Bitcoin version aims to offer privacy and fast payments, though the material does not specify a launch date or technical details.

TREE NEWS update: Brazilian crypto exchanges face a Friday application deadline, with costly requirements and unresolved regulatory questions complicating compliance. The deadline falls on Halloween eve, and firms must weigh the expense of meeting the requirements against unanswered questions from regulators.

TREE NEWS update: Shanghai’s draft taxi regulations, published for public comment, propose promoting the safe application of autonomous driving technology in the taxi industry in an orderly manner, with transport and public security departments stepping up guidance and services. The draft also calls for using big data, blockchain and artificial intelligence to expand application scenarios and raise the digital and intelligent level of taxi services and management.