Flash News

TREE NEWS update: Bitwise has launched the first exchange-traded product tied to Lighter, giving European investors brokerage access to the LIT token. The product expands Bitwise’s lineup of ETPs linked to decentralized derivatives platforms, and lands amid rivalry between Lighter and Hyperliquid.

TREE NEWS reports: A Visa survey found that 36% of Americans would use stablecoins for cross-border transfers, rising to 56% if the tokens came with hypothetical bank-level fraud protection and deposit insurance. The findings indicate that consumer willingness to adopt stablecoins is closely tied to the presence of safeguards typical of traditional bank deposits.

TREE NEWS update: Raiffeisen Bank International has announced a deal with Bitpanda to offer crypto services across its Central and Eastern European network banks, which reach around 18 million customers. A spokesperson said the first launches are planned for Albania, the Czech Republic and Slovakia in the first half of 2027.

TREE NEWS update: BitMEX closed for good on Wednesday, ending an 11-year run for the derivatives exchange that popularized the perpetual swap. Customers can still withdraw their funds, but the platform says balances left behind will be charged a monthly account fee.

TREE NEWS update: President Trump’s accounts bought as much as $115,000 of Strategy shares in late July while selling shares of two bitcoin miners, his newest financial disclosure shows. The disclosure, published in late July, lists the Strategy purchase alongside the miner sales but does not specify exact share counts or transaction prices.

TREE NEWS update: Bitcoin’s two largest forks rallied after a CME futures listing and a new Grayscale ETF filing, even as Bitcoin itself pulled back from a seven-month high. The fork tokens drew fresh demand as the flagship cryptocurrency cooled. The CME listing and the Grayscale filing mark the latest steps toward broader institutional access for the fork assets.

TREE NEWS reports: BlackRock says autonomous AI agents that buy data, pay for services and rent computing power could become one of the biggest forces pushing money into crypto. The world’s largest asset manager made the argument in a note on how agent-driven payments and compute purchases would create new on-chain demand.

TREE NEWS reports: Crypto exchanges liquidated $507 million in futures contracts over the past 24 hours, with long positions accounting for $361 million and shorts $146 million, CoinGlass data shows. Bitcoin liquidations totaled $145 million and Ethereum $104 million. The largest single liquidation was a $10.041 million ETHUSDT order on Binance.

TREE NEWS reports: Trader Bonk Guy said USELESS holder addresses have hit a new record high, with the token’s market capitalization climbing from a low of about $28 million to roughly $318 million, a gain of more than 10x. He said the token has repeatedly cycled through outperformance, sharp pullbacks, consolidation and new highs over recent months, with higher highs and higher lows across short, medium and long timeframes — a pattern he said differs from that of a topping memecoin.

TREE NEWS update: Nasdaq-listed Silvia (SVIA, formerly ProCap Financial) said it sold 124 BTC and has repurchased about 2.3% of its outstanding common stock since September 15, bringing total buybacks to roughly 14.5% of shares outstanding when the program began. The company said it will keep buying back stock while the share price trades below net asset value. As of the September 22 close, Silvia held about 5,130 BTC, with 82.881 million shares outstanding and NAV per share of about $4.27.

TREE NEWS update: Polygon founder Sandeep Nailwal said the network is set to permanently burn 100 million POL tokens, with the contract now on testnet and awaiting final sign-off from the Polygon Council before mainnet deployment. Once live, anyone can trigger the first burn, after which community members can execute a burn once per quarter.

TREE NEWS reports: Bitcoin long liquidations reached $280 million as BTC/USD briefly traded below $84,000. Analysis flagged a key support level that needs to hold to prevent further downside. The dip marks a sharp pullback for the largest cryptocurrency.

TREE NEWS update: The Bank of Russia expects the grey zone of illegal cryptocurrency exchangers to disappear by July 1, 2027, once digital currency legislation takes effect, said Bogdan Shablya, head of the central bank’s financial monitoring and foreign exchange regulation department. The market will then be clearly divided into ‘white’ and ‘black’ segments, with penalties applied accordingly.

TREE NEWS update: U has launched a DeFi Hold to Earn leaderboard campaign with Binance Wallet, offering a total prize pool of 150,000 $U. Participants must register on the campaign page, swap at least 100 $U on BNB Chain (BSC) via Binance Wallet, keep holding at least 100 $U, and activate the assets in the DeFi yield module to join the pool.

TREE NEWS reports: Bitcoin dropped below $84,000 on September 23, trading at $83,978.90 per coin, down 2.82% over the past 24 hours. The move marks a fresh intraday low for the largest cryptocurrency.

TREE NEWS update: UK Finance, the British financial services lobbying group, has terminated Coinbase’s membership. The board wrote to the crypto exchange last week to inform it of the decision, people familiar with the matter said. No reason was given for the move, which removes Coinbase from the trade body representing Britain’s banking and payments industry.