Flash News

TREE NEWS update: 21Shares has listed Europe’s first Zcash exchange-traded product on Euronext Paris and Amsterdam this week, giving European investors direct exposure to ZEC. The listing marks the arrival of a Wall Street-style Zcash product in Europe as ZEC continues a banner year.

TREE NEWS update: The x402 Foundation has incorporated the Bitcoin Lightning Network payment specification into its open internet payment standard, allowing AI agents to pay for API calls, data, compute and MCP tools in satoshis. Originally developed by Coinbase, x402 lets agents complete payments automatically upon a “402 Payment Required” response without accounts or card details. The protocol is now governed by the Linux Foundation, with Cloudflare, Google, AWS, Visa, Mastercard, Stripe and American Express participating.

TREE NEWS update: Hut 8 has won a $140 million bid for Poolin’s two Texas data center sites, Pyote and Tarbush, covering cash and other consideration. The deal still requires approval from the U.S. Bankruptcy Court for the District of New Jersey. Hut 8 is expanding into AI infrastructure and has a development pipeline of roughly 8.7 gigawatts.

TREE NEWS update: President Donald Trump disclosed in an ethics filing a July purchase of Strategy (MSTR) shares valued at up to $100,000. The disclosure comes as his administration continues to advance crypto policy through federal regulators and Congress. Strategy is the largest corporate holder of bitcoin.

TREE NEWS reports: Roughly $15.6 billion in Bitcoin options are due to expire on Friday, with Deribit’s strike-by-strike data showing an options book heavily stacked with calls. One price level is drawing hedging pressure from both sides of the market at once.

TREE NEWS update: Coinbase has launched an IPO participation entry point within its app, with Oura Ring as the first offering, Brian Armstrong said in a post on X. Armstrong noted that IPO allocations have long been mainly limited to institutions and a small number of high-net-worth individuals. The move opens retail access to IPO share allocations through the exchange’s app.

TREE NEWS reports: A Visa survey found that bank-like protections for stablecoins could increase adoption in the US, as companies prepare for the enactment of the GENIUS Act. The survey posited that such safeguards would drive uptake among US users. No figures from the survey were disclosed.

TREE NEWS update: Coinbase has launched fixed-rate loans letting users borrow USDC against bitcoin, with the interest rate and repayment date locked at origination. The product, built on decentralized lending protocol Morpho, is the first enterprise deployment of Morpho Midnight, with Coinbase handling the app experience, Morpho the credit infrastructure and Base the settlement. Coinbase’s existing Morpho variable-rate loans have surpassed $1.4 billion in active borrowings against roughly $3 billion in collateral.

TREE NEWS update: Coinbase now lets users borrow USDC against Bitcoin at a fixed rate and repayment date, the exchange said, in what it called the first enterprise-scale deployment of Morpho Midnight. The product marks a shift away from the variable-rate norm of on-chain lending.

TREE NEWS reports: A whale transferred 42,000 ETH, worth about $112 million, to Galaxy Digital roughly an hour ago with the intention to sell, on-chain monitoring by Onchain Lens shows. The same whale accumulated the ETH over the past two months through over-the-counter trades with Galaxy Digital.

TREE NEWS update: Hut 8 has won the bidding for Poolin’s Texas data centers with a $140 million offer, adding two Texas sites to its expanding AI infrastructure portfolio. The proposed acquisition expands the bitcoin miner’s footprint as it pivots further into AI and high-performance computing capacity.

TREE NEWS reports: Morgan Stanley’s MSBT Bitcoin ETF received 1,100 BTC, worth about $93.89 million, from Coinbase Prime three hours ago, marking the fund’s largest single inflow since inception. The transfer was flagged by on-chain monitoring. It is the biggest one-time deposit the ETF has recorded since it launched.

TREE NEWS update: Every Democratic member of the Senate Banking Committee is pressing Chairman Tim Scott to hold a congressional hearing on prediction markets. The request comes as Republicans meet privately with Kalshi. Democrats said the oversight should not happen behind closed doors.

TREE NEWS update: BitMEX ended trading at 04:00 UTC on Wednesday and is urging users to withdraw any remaining funds, as fees now apply to balances left on the exchange. The platform, which pioneered 100x leverage in crypto derivatives, has closed its trading operations. Users should pull their assets promptly to avoid charges on funds still held on the venue.

TREE NEWS reports: Hyperliquid bought back and burned 34,280 HYPE tokens over the past 24 hours at a volume-weighted average price of $95.25, worth about $3.26 million. Cumulative burns have now permanently removed 48.89 million HYPE, equal to 4.89% of maximum supply. The exchange generated $60.58 million in revenue over the past 30 days.

TREE NEWS reports: Coinbase is building protections against a future cryptographically relevant quantum computer that could threaten Bitcoin’s security, the exchange’s head of cryptography. Lindell said on MARA Foundation TV that the exchange wants defenses ready for whatever direction Bitcoin and other digital assets take, covering roughly $250 billion in assets.

TREE NEWS reports: Bitcoin broke above $80,000, with ETF inflows reaching their highest level since November 2024. K33, Nexo and 21shares weighed in on the breakout, which analysts said is drawing institutional demand, with $87,000–$88,000 cited as resistance. K33 said bitcoin “still has room to catch up” as analysts debate the move’s durability.