Flash News

TREE NEWS update: Jumper, the cross-chain smart money app built by LI.FI, opened early whitelist applications on September 15, requiring an X account registered more than 180 days ago with at least 10 followers. The app supports 69 chains, 33 bridges and 41 DEXs. LI.FI has raised about $52 million in total, including a $29 million round completed in late 2025 led by Multicoin Capital and CoinFund.

TREE NEWS reports: CryptoQuant analyst Darkfost said Bitcoin’s trading range is narrowing between an active-supply support level near $71,300 and a capital break-even resistance level around $79,800. He noted the support price was tested twice in late 2023 before the current cycle began, while BTC stalled twice near the invested-capital cost-basis zone that year before breaking into a new cycle — a pattern he said resembles current market conditions.

TREE NEWS update: South Korean police have charged 26 Polymarket users with illegal gambling, after the country blocked local access to the prediction market platform last month. Its media regulator had ruled that Polymarket offers illegal gambling services.

TREE NEWS update: Gaoyu Technology, a low-altitude travel technology company incubated by GAC Group, has completed an RMB 800 million Series A funding round. Its product AirCab has been released and rolled off the production line for the first time at its Huangpu factory in May. The round was not disclosed with further investor details.

TREE NEWS update: The Celsius estate has sued BitMEX, alleging the exchange wrongfully liquidated and seized 6,360 BTC — worth nearly $490 million — during the March 2020 market crash. The claim lands as BitMEX prepares to shut down its exchange operations. No figure for damages sought beyond the bitcoin total was given.

TREE NEWS reports: A smart-money trader who went long ETH and SOL before the latest rally closed the positions after 30 days for a $1.89 million profit, on-chain analyst Ai Yi tracked. The ETH long covered 1,859 tokens ($3.84 million) opened at $1,903.6 and closed at $2,425, while the SOL long covered 46,239 tokens ($3.82 million) opened at $82.64 and closed at $99.32. The trader has reopened long positions in BTC, SOL and ETH worth $10.84 million.

TREE NEWS update: Circle CEO Jeremy Allaire said the company’s x402 Facilitator service is now live on Arc. The service uses EIP-3009 to enable USDC settlement on Arc, Base and Polygon PoS. The launch extends Circle’s payments infrastructure to three networks.

TREE NEWS update: Binance published its 46th proof-of-reserves report with a snapshot date of September 1, showing user assets remain backed at least 1:1. The exchange held roughly 682,000 BTC, 3.98 million ETH and 32.3 billion USDT, it said on September 17.

TREE NEWS update: A New York federal court is hearing a dispute over a $15 million loan involving on-chain perpetuals exchange Ostium, which lost $23.75 million in a July exploit. ESS Frontier and Hong Kong-based lender Minghui Zheng sued Ostium earlier this month, asking the judge to freeze its assets and send the dispute to arbitration.

TREE NEWS reports: Trader fluffysnow opened a 5x leveraged long on 8,469.64 ZEC at an average price of $1,322.49 at 04:50, worth $11.66 million, and is now sitting on an unrealized gain of $487,000, making the position the 7th-largest ZEC long on Hyperliquid. ZEC liquidations over the past 24 hours totaled $57.36 million, trailing only Bitcoin and ETH.

TREE NEWS reports: On-chain analyst Ai Yi flagged that GSR Markets appears to be a market maker for LSK after a multisig address 0xCAa…B0C02 moved 9.2 million LSK, worth $6.52 million, to address 0x9c7…0C04D six hours earlier, with 2 million LSK then deposited to GSR’s Binance deposit address. A similar operation occurred nine months ago. LSK spiked to $2.37 last weekend, a near 10x gain, before crashing to $0.5084, a 78.5% market cap decline.

TREE NEWS reports: Arthur Hayes said on September 17 that Federal Reserve rate hikes will drive financial asset prices higher. With government debt at elevated levels, banks earn more on reserves and savers earn more on Treasury bills, boosting consumption, especially of financial assets. He noted that even after the Fed halted its RMP operations in mid-August, total Fed and bank assets are still growing when bank balance sheet expansion is included, creating money.

TREE NEWS reports: Bitcoin showed little immediate reaction to the Federal Reserve’s first rate increase since 2023. Sixteen of 18 Fed officials expect at least one more hike before the end of the year. The Fed’s tightening path remains a key macro input for crypto markets.

TREE NEWS reports: A newly created wallet, address 0xC2f1, withdrew 2,695 ETH worth $6.94 million from Gemini five hours ago and staked the entire amount, on-chain tracker Lookonchain said on September 17. The withdrawal and staking were executed from a wallet with no prior transaction history.

TREE NEWS reports: Polymarket will pay LeBron James $15 million a year under their newly announced partnership, more than his $8 million two-year contract with the 76ers signed in July. Sources said James is not an investor in Polymarket and serves only as a spokesperson; the deal’s duration is unclear and is a continuing collaboration with multiple deliverables including social media posts. His promotional focus will be American football, not basketball.

TREE NEWS update: Alpharc, a trading terminal and marketplace built for traders, publishers and AI agents, launched on Arc on September 17. The platform combines Alpha publishing, tiered access, a reputation system and trading in one marketplace, letting publishers share structured Alpha and earn rewards from qualifying trades while traders gain priority access through active participation. AI agents can join via MCP and API.

TREE NEWS update: Payward, parent of Kraken, said it will build a HIP-3-based custom perpetual futures market on Hyperliquid’s mainnet through its CFTC-regulated exchange Bitnomial and futures broker NinjaTrader Clearing, opening trading to eligible US users once products are approved. Only accounts cleared by NinjaTrader and whitelisted by both entities can trade, and the offering covers Bitnomial-deployed HIP-3 markets rather than Hyperliquid’s existing perpetuals.

TREE NEWS update: Sen. Kirsten Gillibrand said Democrats remain committed to passing the Clarity Act, calling the current setback “not the end” for the crypto market structure bill. Industry analysts, however, say it is highly unlikely the bill will pass this Congress, pointing instead to rulemaking efforts by the SEC and CFTC.

TREE NEWS update: The U.S. House Ways and Means Committee passed the Digital Asset Tax Certainty Act by a 38-5 vote, sending it to the full House. The bill would clarify digital asset tax rules, including a $10 de minimis threshold for everyday crypto payments, plus rules on income recognition, asset transfers, wash sales, mining, staking and broker reporting. The vote came less than 24 hours after the CLARITY Act failed a key Senate procedural vote.

TREE NEWS update: A House committee advanced a bill to create a strategic bitcoin reserve, codifying President Trump’s plan for permanent bitcoin holdings. The legislation would establish the reserve in statute, moving it beyond the executive order that originally created it. A date for a full House vote was not given.