Flash News

TREE NEWS update: A bipartisan House committee advanced legislation to reshape federal tax rules for digital assets, voting 38-5. The bill would rewrite treatment of stablecoins, staking, crypto lending and digital asset transactions. The measure now moves forward in the House legislative process.

TREE NEWS update: The House Ways and Means Committee voted to advance crypto tax legislation, sending the first federal crypto tax framework to the full House for consideration. The vote came one day after the Senate’s Clarity Act stumbled. The bill now heads to the House floor.

TREE NEWS update: CFTC Chairman Michael Selig and SEC Chairman Paul Atkins pledged to use their agencies’ existing powers to deliver crypto regulatory certainty after the Senate failed to advance the Clarity Act. The two regulators said they would act under current authority rather than wait for new legislation.

TREE NEWS reports: Tether has become a major gold lender to a top US gold dealer, extending about $1.5 billion in financing and building one of the world’s largest private gold reserves. Tether accounts for most of the $1.7 billion in outstanding precious metals leases as of end-June. Tether bought equity in the platform earlier this year, and Gold.com owed Tether $1.45 billion in payables and advances at period end.

TREE NEWS update: Attackers hijacked HBO Max’s verified Reddit account and ran 108 malicious ads directing users to fake software downloads, in a campaign aimed at spreading crypto-stealing malware. The ads were posted through the streaming service’s official account before the takeover was addressed. The incident marks the latest abuse of a trusted brand account to distribute wallet-draining software.

TREE NEWS reports: JPMorgan said the Clarity Act is “not fully dead,” but the window for passing the crypto bill this year is now “extremely narrow.” The bank’s assessment leaves open the possibility of the market-structure legislation advancing, while flagging limited time on the legislative calendar.

TREE NEWS update: Canada’s Heeney Capital Acquisition Co. Inc. says gold produced at the Choco mine in Venezuela is being shipped to the United States. The company disclosed the flow of the mine’s gold output to the US in a statement, without giving volumes or a timeframe.

TREE NEWS update: SEC Chair Atkins said the agency will take action to provide certainty for cryptocurrency. The statement signals the regulator’s intent to clarify rules for digital assets. No specific timeline or measures were disclosed.

TREE NEWS update: Coinbase Markets said it will list BLUE CHIP (BLUECHIP) for spot trading, with the BLUECHIP-USD pair expected to open later on September 16, 2026, local time, if liquidity conditions are met. Trading will be available in jurisdictions where liquidity requirements are satisfied and local regulation supports the market.

TREE NEWS reports: Coinbase faces greater fallout than other firms from the CLARITY Act setback, a strategist at Danish bank Saxo said, because its trading business is directly exposed to US market-structure rules. The bank’s strategist said the exchange has more at stake in the legislative reversal than peers.

TREE NEWS reports: Bitcoin, Ethereum and XRP ETFs shed roughly $593 million combined on Tuesday, their heaviest single-day drawdown since June, following the failed Clarity Act vote. The combined outflow marks the largest one-day retreat for the three crypto ETF complexes in months.

TREE NEWS reports: Bitfinex said bitcoin broke below its $77,100-$81,300 range on Tuesday, closing at $75,702, down 3.2%, after 24 days of trading. The report warns a retest of $73,500 is possible and that only a reclaim of $77,100 on significant spot volume would invalidate the pullback scenario. U.S. spot bitcoin ETFs saw $450.4 million in net outflows on Tuesday, the 33rd-largest single-day outflow on record.

TREE NEWS reports: Bitcoin dropped about 4.6% this week to roughly $76,000, breaking below its late-August range floor and the $76,700 true market mean, Glassnode said. On-chain capital inflows stalled after 27 straight days, ETFs flipped to net outflows, stablecoin supply was flat and corporate treasuries stopped buying. After the failed Senate CLARITY Act vote, options flipped from upside bets to downside protection, with max pain at $72,000 and heavy call buildup near $85,000; support thins below $68,000, next target $71,300.

TREE NEWS reports: Bitcoin found support around $68,000 ahead of Wednesday’s Federal Reserve rate decision, with markets pricing a 93% chance of a 0.25% hike. The largest cryptocurrency remained below $76,000 as analysts discounted the odds of a dovish surprise from the central bank.

TREE NEWS update: Circle has launched the mainnet of Arc, its Layer 1 network, with BlackRock, DTCC and Visa among the validators, whose set is permissioned. Circle has also minted 10 billion ARC tokens but has not committed to publicly launching them.

TREE NEWS update: US Senate Majority Leader John Thune said he wants to resume consideration of the Clarity crypto legislative draft. The bill would set out rules for digital assets, and Thune’s push signals an effort to bring it back onto the Senate’s agenda.

TREE NEWS reports: A whale transferred $15 million in USDC to Hyperliquid over a two-hour window and used the funds to buy 197.35 BTC at $76,007. The bitcoin was subsequently withdrawn to the Bitcoin chain. The purchase puts the trade’s notional value at roughly $15 million.

TREE NEWS update: The Senate blocked the CLARITY Act, prompting crypto trade groups and executives to urge the SEC and CFTC to press ahead with crypto rulemaking without the bill. Several framed the legislative loss as one of permanence, noting that a future agency chair can rewrite a rule and that repealing a rule is easier than undoing a statute.

TREE NEWS reports: Cipher Mining (CIFR) shares rose 15.17% intraday to trade at $17.38. The move marks a sharp single-session gain for the bitcoin mining company’s stock.