Flash News

TREE NEWS update: US lawmakers advanced legislation that would write President Trump’s Bitcoin reserve policy into law, locking up Bitcoin acquired through civil and criminal forfeiture for 20 years. The bill seeks to codify the reserve, preventing the seized coins from being sold for two decades. No vote count or timeline was given.

TREE NEWS update: The UK Financial Conduct Authority published final guidance on which crypto activities require its authorization and said it will consult on further changes after the Treasury drafted exemptions covering UK stablecoin payments and some DeFi interfaces. The rules set the licensing perimeter for crypto firms operating in Britain.

TREE NEWS reports: A group claiming responsibility for a Revolut data breach is demanding 6,000 Monero in ransom, saying it targeted roughly 680 customers specifically for their crypto holdings. Prosecutors in Reggio Calabria have opened a probe into a prefecture-certified email account allegedly used to obtain records on those customers. Revolut has not commented on the extortion demand.

TREE NEWS update: The House Ways and Means Committee voted 38-5 to advance a bill that would limit crypto investors’ ability to claim a loss if they buy the same asset within 30 days before or after the sale. The restriction would cover sales made after Sept. 14.

TREE NEWS update: At the 2026 China International Fair for Trade in Services, an insurer, an in-orbit satellite data-monitoring firm, a space risk-assessment agency and an insurance brokerage signed a strategic cooperation agreement to launch China’s first commercial space satellite insurance ecosystem, combining a “space data foundation AOE” with in-orbit risk assessment. Industry participants said the co-built model fills the gap in coverage for commercial satellites during in-orbit operations.

TREE NEWS update: The Federal Open Market Committee voted 12-0 to raise its target rate range by a quarter point to 3.75%-4%, the first Fed rate increase since 2023, with the median projection now at 4.1% at end-2026 versus 3.8% in June. Bitcoin spiked to $76,499.99 five minutes after the release and gave the move back within half an hour. Zcash ran to $1,383.

TREE NEWS update: A crypto tax bill cleared a House committee, exempting qualifying crypto fees from gain-or-loss calculations and restricting tax-loss deductions on tokens sold and quickly repurchased. The vote follows a setback for the Clarity Act. The measure now advances in the chamber’s legislative process.

TREE NEWS reports: Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are weighing another attempt to advance the crypto market structure bill before the current Congress ends. The CLARITY Act could get a fresh push during the lame-duck session, he said.

TREE NEWS update: The US House Ways and Means Committee advanced cryptocurrency tax legislation with bipartisan support, sending the bill to the full House for consideration after November’s midterm elections. The committee also voted unanimously to advance several tax and healthcare bills, including expanding Medicare coverage and creating a Medicare pilot for medically tailored meals. Some lawmakers raised reservations about provisions in the crypto tax bill, including language on taxing newly issued tokens and the inclusion of a gambling tax break.

TREE NEWS reports: Zipline is in talks to raise roughly $1 billion at a valuation of about $20 billion. The drone-delivery company has not confirmed the round, and terms could still change. No lead investor or closing date was disclosed.

TREE NEWS update: Bitcoin and ether whipsawed after the Federal Reserve delivered its first rate hike in more than three years, a unanimous quarter-point increase. The Fed acted as Warsh took aim at inflation. The two largest cryptocurrencies swung in both directions around the decision.

TREE NEWS reports: Major token airdrops have historically marked crypto market tops about as often as they have sparked rallies. The timing of an airdrop relative to the broader market cycle, rather than the event itself, determines whether it precedes a run-up or a peak. The finding suggests the next bull run may hinge on when the next large airdrop lands.

TREE NEWS update: The UK’s Financial Conduct Authority published guidance setting out which crypto activities may require authorization, as firms prepare for the country’s incoming digital asset regulatory regime. The guidance lands ahead of a September application window, when crypto firms will be able to seek permission under the new framework.

TREE NEWS update: SEC Chairman Paul Atkins and CFTC Chairman Michael Selig said Wednesday they will proceed with writing crypto rules without the CLARITY Act, after the Senate blocked the bill. Selig said the CFTC is “locked in and ready to ship its rules for the new frontier of finance,” while Atkins said the SEC will “act decisively within the SEC’s statutory authority.” Both posted the statements to X within two hours of each other.

TREE NEWS update: Bitcoin Core 32.0 has entered final testing, introducing faster block validation and changes to how wallets prepare payments. The release candidate stage signals the update is close to a full rollout for the network’s dominant node software. The changes target both speed and security patches.

TREE NEWS update: The Federal Reserve raised interest rates, its first hike since 2023, in a move Wall Street had almost unanimously priced in. Bitcoin spiked following the decision. No further details on the size of the increase or the market levels were provided.

TREE NEWS update: CFTC Chair Mike Selig said the agency is “locked in and ready to ship its rules for the new frontier of finance,” as the SEC and CFTC prepare to advance crypto rules while the Clarity Act stalls in the Senate. Selig framed the push as “go time” for the regulators.

TREE NEWS reports: Bitcoin crossed above $76,000, changing hands at $76,025.50 and up 0.31% over the past 24 hours. The move marks a fresh push through the $76,000 level for the largest cryptocurrency.