Flash News

TREE NEWS reports: Solana’s SOL token dropped below 120 USDT and was trading at 119.99 USDT, down 1.34% over the past 24 hours. The move marks a fresh intraday low for the token as it slipped under the 120 level.

TREE NEWS update: Xverse, a Bitcoin wallet, has closed a strategic funding round led by Tim Draper’s firm, with Trust Machines and Draper Dragon also participating. Terms were not disclosed, and Xverse has not said how much it raised or at what valuation.

TREE NEWS update: Safe investor Greenfield has filed a regulatory complaint in Switzerland over the governance of the Safe Ecosystem Foundation. Greenfield said it asked the foundation to remove Gnosis co-founder Stefan George from its board and add independent members, and that every request was rejected. The complaint is the latest escalation in a dispute over board composition at the entity behind the Safe multisig wallet.

TREE NEWS update: S&P Global has introduced a Vault Risk Assessment that scores DeFi lending vaults from AAA(v) to D(v), with the curator running each vault able to cap the resulting grade. The agency said it has not yet assessed any vault. The framework applies S&P’s credit-rating scale to on-chain lending vehicles.

TREE NEWS update: Strive purchased 2,000 bitcoin and now holds 29,462 BTC, the bitcoin treasury company said. CEO Matt Cole said 61.5% of the capital the company raised came from its SATA preferred stock. Strive also disclosed a buyback facility for that preferred stock.

TREE NEWS reports: Tom Lee’s Bitmine added 15,112 ETH in its second straight week of slower ether purchases, bringing its treasury to 6,016,414 ETH — roughly 89,000 short of owning 5% of ether’s supply. Lee pointed to a 21 million share buyback this year.

TREE NEWS update: Tokyo-listed bitcoin treasury company Metaplanet sold and then repurchased its bitcoin, saying the round trip was intended to show credit rating agencies and bond investors that it is willing to sell when needed. The company did not disclose the size of the sale or the price at which it repurchased the coins.

TREE NEWS reports: Total trades across all HIP-3 DEXs have surpassed 250 million, Hyperliquid News said on X. The figure covers cumulative transaction count across the HIP-3 builder-deployed perpetuals venues on the Hyperliquid network. No timeframe or breakdown by individual DEX was given.

TREE NEWS reports: Solana’s decentralized exchange trading volume has exceeded that of all other Layer 1 and Layer 2 chains combined for a fifth consecutive week. The streak marks a sustained lead in on-chain trading activity for the network.

TREE NEWS update: Stripe plans to expand its stablecoin card business to more than 100 countries by the end of the year, with Privy co-founder Henri Stern also serving as head of Stripe’s stablecoin and crypto operations. Existing stablecoin card clients include Kraken, Ramp and Morse. Paymentscan data shows about $1.2 billion in stablecoin card spending last month, three times the level a year earlier. Stern said Stripe will remain stablecoin- and blockchain-agnostic, with most work still focused on stablecoins.

TREE NEWS reports: BTC is expected to retest its September 21 rebound high of $87,399 in the first half of this week, with $87,500-$90,000 seen as a likely end point for the rebound wave from $74,955. Two self-built quantitative models are nearing a joint top signal. HYPE held support at $84.92 and remains in an ascending channel, with $92-$94 as first resistance.

TREE NEWS update: Metaplanet unveiled a revised capital allocation framework that would allow it to commit as much as 15% of total assets to strategic investments, with the proceeds used to fund its Bitcoin accumulation. The Japanese-listed company said the new structure is designed to support its ongoing BTC purchases. No timeline or specific investment targets were disclosed.

TREE NEWS update: Web3 security firm CertiK released its Intel3D report “The Rise of AI Employees: How Agentic AI Is Reshaping Cybersecurity, AML and Compliance” on Tuesday, saying AI is moving from an analyst aid to a team member that can investigate, judge and act within set permissions. The shift is reshaping security and compliance in traditional finance and Web3, CertiK said, while warning of model misjudgment, prompt injection and attackers’ use of AI. It recommended governance covering permission boundaries, human approval, decision logs and accountability, plus regular red-team testing.

TREE NEWS update: CertiK published its Intel3D report on October 5, finding that agentic AI is moving from assisting analysts to autonomously investigating, judging and acting within defined permissions in cybersecurity, AML and compliance. The report says AI-assisted smart-contract auditing and cross-chain tracing are key Web3 applications, citing CertiK research that 86.29% of stolen ETH after the Bybit attack was swapped into bitcoin within a month. It warns firms must audit AI agents’ own on-chain behavior and assign human accountability.

TREE NEWS reports: Bitcoin’s implied volatility remains near multi-year lows, above only the levels seen during this summer’s extremely quiet market, Greeks.live said in an Oct. 5 analysis. The firm attributed the decline to structural changes in the bitcoin and options markets and said buyer strategies are becoming increasingly competitive. It added that Deribit, following its merger with Coinbase, could bring more capital into the options market.

TREE NEWS reports: The 10-year US Treasury yield broke above 5.34% intraday on Oct 1, its highest since 2002, while the 30-year hit 5.623% on Oct 2 — the steepest quarterly rise in 32 years. The selloff spread globally, with UK 30-year gilts touching 6% and France’s 10-year spread over Germany at 146.68bp. Bitcoin rose about 33% in Q3 even as yields climbed 72bp.

TREE NEWS update: The US Treasury has withdrawn its proposed crypto monitoring rules targeting unhosted wallets and cryptocurrency mixing. The proposal would have imposed additional reporting and recordkeeping requirements on transactions involving self-custodied wallets and mixing services. The withdrawal removes, for now, a planned compliance burden on crypto firms and users.

TREE NEWS update: Bitmine purchased 15,112 ETH, Chairman Tom Lee said, noting Ethereum outperformed the S&P 500 by 6,832 basis points in the third quarter. Lee said ether is “dwarfing other macro assets.” The disclosure links the treasury company’s ether accumulation to its chairman’s bullish macro framing.

TREE NEWS update: Strategy purchased 334 Bitcoin for $28.7 million last week, while spending $176.3 million to repurchase roughly 1.77 million shares of STRC, its preferred stock. The company allocated more than six times as much capital to the STRC buyback as it did to adding Bitcoin during the period.

TREE NEWS update: Strategy is proposing to pay daily dividends on its US-listed preferred shares (NASDAQ: STRF, STRC, STRK and STRD) for every calendar day, including weekends and holidays, with payment on the next business day. The proposal is subject to a shareholder vote running from October 5 to October 28. If approved, STRC’s first record and payment dates would be November 1 and November 2, while STRF, STRK and STRD would follow on January 1 and January 4, 2027.