Flash News

TREE NEWS reports: Bitcoin rose above $83,000 on October 10, changing hands at $83,018.50, a gain of 0.18% over the past 24 hours. The move extends the largest cryptocurrency’s push past the $83,000 level, based on OKX market data.

TREE NEWS reports: Fundstrat’s Tom Lee said Ethereum could reach $25,000 to $50,000 in the current bull cycle, with ETH breaking $5,000 before the end of this year. He said ETH could rise to about $7,500 if bitcoin tops $100,000, arguing years of range-bound trading have built momentum for a larger breakout. Traders currently price only a 4% chance of ETH hitting $5,000 by end-2026.

TREE NEWS reports: Bitmine chairman Tom Lee said in an interview that Ethereum could reach $25,000 to $50,000 this cycle, citing five years of range-bound trading that may set up a larger breakout. He expects ETH above $5,000 by year-end and around $7,500 if Bitcoin tops $100,000. Market prediction data puts the odds of ETH hitting $5,000 by end-2026 at just 4%.

TREE NEWS reports: Ether rose above $2,500, trading at $2,500.05, for a 24-hour gain of 0.36%. The move marks a fresh push past the round number for the second-largest cryptocurrency.

TREE NEWS update: ETH has broken above 2,500 USDT, now trading at 2,500.05 USDT, up 0.36% in 24 hours.

TREE NEWS update: French rider Valentin Debise finished sixth for Chinese motorcycle manufacturer Zhangxue Motorcycle in the first WorldSSP race of the Portugal round on October 10, 2026, at the Estoril circuit. The event is the 11th stop of the 2026 World Superbike Championship season and the penultimate round, a key race in the season’s closing stretch.

TREE NEWS update: A French National Assembly committee adopted amendments that would tax stablecoin swaps and crypto exits by wealthy holders, then rejected the revenue section of the 2027 budget. The measures target conversions between stablecoins and exits from crypto positions held by high-net-worth individuals. The committee’s rejection of the budget’s revenue portion leaves the proposed taxes unadopted.

TREE NEWS update: StarkWare has described a shift of Starknet to layer 1 as its “clearest path forward,” while noting the network still settles on Ethereum. A day earlier, Starknet’s official account said an L1 move was “a question, not a decision.” No timeline or formal decision on the transition was disclosed.

TREE NEWS reports: OKX’s US stock-related products recorded $50.26 billion in trading volume over the 30 days to October 9, 2026. Stock perpetuals accounted for $48.875 billion of that total, while spot trading contributed $1.386 billion. SNDK, SOXL and SPCX were the most-traded names over the period, with storage remaining the hottest sector.

TREE NEWS reports: OKX’s US stock-related products recorded a trading volume of $50.26 billion over the 30 days ending October 9, 2026. Of that, stock perpetual futures accounted for $48.875 billion, while spot trading contributed $1.386 billion. The most traded tickers during the period were SNDK, SOXL, and SPCX, with the storage sector remaining the hottest sector.

TREE NEWS reports: Crypto analyst Darkfost said in a post on X that bitcoin’s current price action resembles the market pattern seen between late 2025 and early 2026, with the price oscillating around its capital-weighted cost basis. He identified $80,500 as a key near-term support level, saying the zone marks the pivot where the average investor sits near the break-even line between profit and loss.

TREE NEWS reports: A whale withdrew 440,249 WLD, worth nearly $250,000, from Bybit about four hours ago through a newly created wallet, Arkham monitoring shows. The same address had spent more than $1 million buying ETH across multiple transactions a week earlier.

TREE NEWS update: Tron’s post-quantum cryptography is now live on testnet, Justin Sun said in a post on X. “We’re ready to bring quantum resistance to mainnet at any time,” the Tron founder wrote. No date for a mainnet rollout was given.

TREE NEWS reports: Tron’s post-quantum cryptography is now live on testnet, Justin Sun said in a post on X. “We are ready to bring quantum resistance to mainnet at any time,” the Tron founder wrote. No specific date for the mainnet deployment was given.

TREE NEWS update: South Korea’s Financial Services Commission Chairman Lee Eok-won said the large-shareholder stake limit for virtual asset exchanges under the pending Digital Asset Basic Act is not aimed at any specific person or company, but reflects the higher public responsibility exchanges will bear once institutionalized. Exchanges currently renew their filings every three years, and would move to a licensing regime once the act takes effect. Lee said exchanges are infrastructure and must carry public responsibility matching that status.

TREE NEWS reports: Whales accumulated roughly 15,000 bitcoin, more than 166,000 ether and 45 million XRP over the past 72 hours, crypto analyst alicharts said. The buying came during the current bitcoin pullback, with large holders adding to major tokens rather than reducing exposure. On-chain monitoring shows the accumulation concentrated in the three largest assets by market value.

TREE NEWS update: South Korea’s Financial Services Commission Chairman Lee Eok-won said a proposed cap on major shareholders’ stakes in virtual asset exchanges under the pending Digital Asset Basic Act is not directed at any specific company. Speaking at a National Assembly audit, he said exchanges will shift from three-year registration renewals to a licensed regime, requiring public responsibility matching their infrastructure role.

TREE NEWS reports: Lee Eok-won, Chairman of South Korea’s Financial Services Commission (FSC), stated that the proposed cap on major shareholders’ stakes in virtual asset exchanges under the Digital Asset Basic Act currently under deliberation is not aimed at any specific company. Speaking at a National Assembly audit, he said that as exchanges transition from a three-year registration renewal system to a licensing system, they will be required to assume public responsibilities commensurate with their role as infrastructure.

TREE NEWS reports: A wallet linked to the CryptoBilis thefts routed 464 ETH into Tornado Cash, on-chain Ethereum records show. The funds passed through an intermediary address and four deposit wallets before reaching the mixer. The source address still held roughly 700 ETH after the transfers.

TREE NEWS reports: A wallet linked to the CryptoBilis theft sent 464 ETH to Tornado Cash, according to on-chain Ethereum records. The funds reached the mixer through an intermediary address and four deposit wallets. About 700 ETH remained in the originating address after the transfer.