Flash News

TREE NEWS reports: Bitcoin Suisse plans to relocate up to half of its Swiss workforce abroad, shifting back-office functions to lower-cost international hubs. The crypto financial services firm is making the move as it expands its global wealth and asset management business. The company is based in Switzerland.

TREE NEWS reports: The US Commodity Futures Trading Commission reported that bitcoin net long positioning stood at 1,524 contracts in the week of September 8. The figure reflects speculative positioning in CFTC-regulated bitcoin futures for that reporting week.

TREE NEWS reports: Crypto Banter founder Ran Neuner said Hyperliquid’s network effects give the decentralized exchange a strong competitive moat, but regulatory uncertainty remains its biggest threat. Neuner identified regulation, not competition, as the main risk facing the platform. He did not specify which jurisdictions or regulatory actions he was referring to.

TREE NEWS update: Daniele Sesta said Equilibra, a custom automated market maker with adaptive fees and optional auto-repeg, is now testing on Robinhood Chain and sits under the HeyAnon token. ANON tripled after the deployment, a day after the token set an all-time low.

TREE NEWS reports: Bitcoin dropped below 77,000 USDT, trading at 76,995.8 USDT. The move puts the largest cryptocurrency down 0.24% over the past 24 hours.

TREE NEWS reports: Robinhood Chain’s daily revenue fell 83% to $943,728 on Sept. 10, down from a $5.44 million peak on Sept. 4 and its lowest daily take since Aug. 29. Transactions were flat, while decentralized exchange volume rose 27% over the week. Average gas cost per transaction dropped to $0.077, versus $0.43 at the peak.

TREE NEWS reports: Bitcoin and ether rose after US inflation data did little to change expectations for Federal Reserve interest rate policy. Bitget analyst Lewis Huang pointed to a divergence within the print, with headline inflation accelerating on energy while core inflation continued to ease. The market reaction left the Fed’s rate outlook broadly unchanged.

TREE NEWS reports: A Fireblocks custody wallet (9Ryc…G4xfCxk) deposited 19.4 million Trump-backed USD1 tokens into Binance in the past hour. Over the past 13 days, the same wallet has transferred roughly 149.8 million USD1 to the exchange.

TREE NEWS reports: Robinhood’s crypto trading volume rose 61% in August, signaling a rebound in digital-asset trading activity. The company’s fastest-growing business is no longer traditional trading, the data shows.

TREE NEWS reports: Standard Chartered Bank has initiated coverage of Sky, calling it “DeFi’s federal bank,” and expects the SKY token to rise to $0.325 by end-2028. The bank’s price target implies a roughly fivefold increase from current levels.

TREE NEWS reports: Robinhood Chain has posted four consecutive days of declining revenue, with the past 24 hours at $943,728 — the second straight day below $1 million. The chain’s seven-day revenue stands at $15.15 million and 24-hour DEX volume at roughly $1.82 billion. It had previously set a single-day record of about $6 million before the metrics turned down.

TREE NEWS reports: US August core CPI rose 0.3% month-on-month, above the 0.2% expected, reinforcing expectations that the Federal Reserve will raise rates next week. Bitcoin traded near $78,600, up 1.5% in 24 hours. 21Shares senior crypto research strategist Matt Mena said bitcoin has averaged a 2.13% gain in the 30 days after core CPI came in above expectations. Risk Dimensions CIO Mark Connors said rising Treasury yields alongside stronger bitcoin and gold signal concerns beyond the Fed’s rate path.

TREE NEWS reports: A whale address (0x93a…c633) withdrew 116,490 HYPE, worth $9.6 million, from OKX minutes ago, on-chain monitoring shows. The wallet had been dormant for 119 days before the withdrawal.

TREE NEWS reports: Grayscale’s GLNK ETF received 203,810 LINK worth about $2.38 million from Coinbase Prime, on-chain tracker Onchain Lens shows. Over the past 18 days the ETF has accumulated roughly 1.05 million LINK, valued at about $12.12 million. The transfers mark continued inflows into the Grayscale-linked product.

TREE NEWS reports: Grayscale’s GLNK ETF address (0xe33…0aA) received 203,810 LINK worth $2.38 million from Coinbase Prime minutes earlier. Over the past 18 days the ETF has accumulated 1.05 million LINK, valued at $12.12 million.

TREE NEWS reports: US August core CPI rose 0.3% month-on-month, above the 0.2% expected, reinforcing expectations that the Federal Reserve will raise rates next week. Bitcoin traded around $78,600, up 1.5% over 24 hours, with analysts saying the market had already priced in a hike. 21Shares strategist Matt Mena said bitcoin has averaged a 2.13% gain in the 30 days after core CPI topped forecasts.

TREE NEWS update: Bitwise will close its Dogecoin ETF before the fund’s first anniversary, with BWOW halting trading on October 14 and cash payments to remaining shareholders expected October 22. The asset manager did not give a reason for the shutdown in the notice.

TREE NEWS reports: Wintermute transferred a combined 61,847 ETH, worth about $160.3 million, to Binance and Coinbase over the past three hours. The community interprets the large inflow as a possible sizable ETH sell-off by the market maker.

TREE NEWS reports: Wintermute deposited 61,847 ETH, valued at $160.3 million, to Binance and Coinbase over the past three hours. The transfers came from the market maker’s wallet address 0xf819…73AA. The destination exchanges were Binance and Coinbase.

TREE NEWS update: Trader Bonk Guy pushed back on criticism from the STONK community over his EMBER purchase, saying the reaction was “excessive.” He noted STONK’s second-largest holder previously bought EMBER at a $2.8 million market cap and kept a bullish view for days without scrutiny, while his own entry at roughly six times that valuation was cast as villainous. Bonk Guy said he remains bullish on STONK and mostly trades low-cap assets for their better risk-reward.