Flash News

TREE NEWS update: A digital asset-aligned political action committee plans to spend $30 million opposing Sherrod Brown in Ohio, mounting a second campaign against the senator. The PAC joined other groups in spending more than a combined $300 million in the 2024 Ohio Senate race, which Brown lost to Bernie Moreno. The new $30 million effort targets a repeat of that result.

TREE NEWS reports: The HashFly browser experiment uses a digital neural model of a fruit fly brain for Bitcoin hashing and projects greater efficiency from a hypothetical biological version, companies testing the approach say. The project is framed as an experiment in applying biological neural models to proof-of-work computation.

TREE NEWS update: Circle has launched Bitcoin-backed borrowing for institutional clients, letting them access USDC liquidity against their BTC holdings without selling the Bitcoin. The product gives institutions a way to raise dollar-denominated stablecoin liquidity while keeping their Bitcoin exposure. Circle did not disclose terms, fees or which clients are eligible.

TREE NEWS reports: Crypto advocates are arguing that NFTs can deliver genuine digital ownership of purchased content, pushing back on Sony’s position that buyers do not own the games they buy. The pitch faces two unresolved obstacles: privacy gaps and integration hurdles that have so far held the technology back.

TREE NEWS reports: Bitcoin crossed $86,000 for the first time since late January, with analysis describing the crypto market as being in a ‘new bull market.’ The move came as falling oil prices and supply concerns lifted US stocks.

TREE NEWS update: Fairshake, the crypto industry’s main political action committee, is committing $30 million to an Ohio race against former Sen. Sherrod Brown, who has been skeptical of crypto. The spending follows fallout from the Clarity Act. Brown, a longtime crypto critic, is the target of the PAC’s latest seven-figure ad campaign.

TREE NEWS reports: Apple and Google are hiring senior staff for crypto-related payments work, with Apple’s roles covering consumer payment products and Google Cloud’s covering its institutional blockchain business in Asia. The openings point to a possible stablecoin push by the two tech giants.

TREE NEWS reports: Bitcoin has rallied through an eight-month ceiling, driven by a short squeeze and falling oil prices. The next three weeks will determine whether the breakout holds.

TREE NEWS reports: Bitcoin rose as high as $86,355 on Coinbase, its strongest level since Jan. 29, in a move that began in the 8 a.m. UTC hour and ran through the U.S. open. West Texas Intermediate crude fell 8.1% while the Nasdaq Composite gained 1.6%. Perpetual funding sits near zero.

TREE NEWS reports: Crypto futures liquidations across major exchanges totaled $926 million over the past 24 hours, with short positions accounting for $785 million and longs $142 million, CoinGlass data show. Bitcoin liquidations reached $509 million and Ether $198 million. The single largest liquidation, worth $11.30 million, occurred on Binance’s BTCUSDT contract.

TREE NEWS update: US Senator Cynthia Lummis said the CLARITY Act already applies antifraud liability under Section 17(a) of the Securities Act to digital asset disclosures, meeting a Democratic demand that crypto issuers face the same fraud standard as other securities filers. The Senate’s procedural motion to advance the bill on Sept. 15 still failed, falling short of the 60-vote threshold.

TREE NEWS update: Strive (ASST) bought 1,355 bitcoin, the company said, as it accelerates toward its goal of holding the second-largest corporate bitcoin treasury by year-end. The purchase keeps Strive as the fifth-largest public bitcoin holder, behind Strategy, Twenty One, Metaplanet and MARA.

TREE NEWS update: Bitmine, chaired by Tom Lee, bought $74 million worth of ether, lifting its holdings to nearly 5.99 million ETH, or 4.9% of the token’s supply. Lee declared a crypto bull market “underway,” pointing to Ethereum’s outperformance as a signal of a stronger move ahead, with institutions still underweight.

TREE NEWS update: Perpetual futures DEX Velocity has lifted its whitelist and opened its Beta version to all users. The platform supports wBTC, wETH, SOL and USDT as collateral for contract trading within a single account, with some contracts offering up to 20x leverage and trades settled on-chain in USDT.

TREE NEWS update: Coinbase has begun offering IPO share allocations to its US customers, with Oura as the first company featured. The move expands Coinbase beyond secondary-market stock trading into the primary market, following its rollout of pre-IPO derivatives. The company did not disclose the size or terms of the allocation.

TREE NEWS reports: Bitcoin broke above $86,000, trading at $86,000.10, for a gain of 6.28% over the past 24 hours. The move marks a fresh push higher for the largest cryptocurrency, with the price crossing the level during the session.

TREE NEWS reports: Bitcoin pushed up to $85,000, hitting a new local high, while altcoins soared in a huge overnight rally. Kevin O’Leary separately called for Bitcoin to reach $1 million, with an asterisk attached to that forecast.

TREE NEWS update: Vitalik Buterin said high school math should sharply reduce trigonometry and replace it with basic calculus and some multivariable calculus, arguing the material builds intuition for linear and nonlinear systems and higher-dimensional space. In a reply on September 21, the Ethereum co-founder said such courses would support AI, economics, cryptography and biomedicine without being tied to any one field, and that he has almost never used identities like tan(2x) in real life.

TREE NEWS reports: Bitcoin rose above $85,000 for the first time since January, following a weekly close above its 50-week moving average. Short sellers lost $635 million in a single day. Galaxy Digital’s Alex Thorn said the 50-week moving average level has historically confirmed that bear market lows are in.