Flash News

TREE NEWS update: Asset manager Strive said on Oct. 26 it spent about $510 million to buy 6,182 bitcoin at $82,732 each, lifting its total holdings to roughly 43,000 BTC. Listed companies excluding miners bought a net $510 million of bitcoin last week, up 42.5% from two weeks earlier, bringing their combined holdings to 1,167,845 BTC, worth about $93.64 billion, or 5.8% of circulating supply.

TREE NEWS update: Binance is applying for a crypto license in Brazil, with lending and margin restrictions set to take effect Oct. 27. The exchange is also delisting 22 tokens. An application filed on time would allow existing providers to keep operating while the central bank reviews it.

TREE NEWS update: Binance has filed for a crypto license in Brazil ahead of a Friday deadline, as it seeks to keep operating in the country. The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services.

TREE NEWS update: Fudan University Vice Party Secretary and Vice President Chi Nan announced the ‘Star Hub Plan’ deployment roadmap at the 2026 Satellite Internet Industry Ecosystem Conference. The plan has three phases, starting with 2026-2027, when it aims to fully connect space-ground dual computing links using domestic GPUs to achieve 32 POPS of computing power and 200 Gbps inter-satellite communication speeds. The plan targets completing a 1,000-satellite deployment by 2032 and pushing annual computing industry output past 100 billion yuan.

TREE NEWS reports: US spot Bitcoin ETFs pulled in about $110 million in net inflows on Monday, clawing back part of the roughly $774 million that exited the funds in a prior session. Despite the rebound, the category remains in the red for October, with about $202 million in net outflows for the month.

TREE NEWS reports: NIL briefly surged to 0.13968 USDT, gaining more than 26% within 15 minutes, and was last trading at 0.12 USDT, OKX market data show. The move followed news that Upbit will list a NIL/KRW trading pair.

TREE NEWS update: Upbit will list a NIL/KRW trading pair, the South Korean exchange said in an official announcement. The listing adds a won-denominated market for NIL on one of the country’s largest crypto exchanges. The announcement did not specify a launch time or date for the new pair.

TREE NEWS reports: Bitcoin short-term holders are moving coins to exchanges at a loss, with the 24-hour net profit inflow balance at negative 18,600 BTC on October 27, meaning loss-driven inflows exceeded profitable ones by that amount. A week earlier the balance was positive 10,400 BTC. The metric, which tracks exchange inflows from coins held under six months, fell to negative 23,100 BTC on October 26 and has stayed negative since August.

TREE NEWS update: Ethereum developers have fixed a flaw in the Glamsterdam upgrade that could have let operators claim ETH that staking services deposited to launch new validators. Researcher avsetsin found draft rules might credit both deposits to a builder account if an operator registered as a builder with a specific public key and a staking service later used the same key. The fix, merged Monday, sorts pending deposits by withdrawal credentials so validator deposits stay with validators; no losses were reported.

TREE NEWS update: Binance will lower the maximum leverage on 23 isolated margin trading pairs, including ATOMUSDT, AVAXUSDT, SUIUSDT and TRXUSDT, from 10x to 5x at 08:00 UTC on Nov. 10, 2026. Adjusted risk parameters will apply automatically after the change, and the exchange said users should monitor positions and transfer assets or repay loans in advance to reduce liquidation risk.

TREE NEWS update: Hyperliquid has listed a perpetual futures contract for XTEN, the platform’s native trading venue announced. The listing adds XTEN to Hyperliquid’s on-chain perpetuals market, giving traders a new leveraged instrument on the decentralized exchange. No further details on contract specifications or launch terms were disclosed.

TREE NEWS update: Gate will launch contract trading, trading bots and copy-trading for five stock contracts — TTMI (TTM Technologies), EIDO (iShares MSCI Indonesia ETF), EQT (EQT Energy), CSX (CSX Transportation) and AXP (American Express) — on October 27, 2026 at 17:00 UTC+8, supporting 1–20x long and short positions. The exchange said it now supports 496 stock contracts.

TREE NEWS reports: Mizuho said Circle faces a 10-20% medium-term downside risk to its reserve revenue as AI agents steer USDC holders toward higher-yielding fiat alternatives. The brokerage’s assessment puts a figure on how autonomous agents could erode the stablecoin issuer’s core earnings stream.

TREE NEWS update: Hongguo Short Drama announced it will further intensify its crackdown on low-quality and homogeneous content, targeting excessive emotional rendering and the repetitive use of plot structures, core premises, key story beats, character relationships and audiovisual elements across micro-dramas. The platform published the commitment in an official notice, without specifying enforcement measures or a timeline.

TREE NEWS update: COSCO Shipping Energy has established two liquefied natural gas companies in Shanghai — Shanghai Jinyulan LNG Co. and Shanghai Shenmingzhu LNG Co. — each with registered capital of RMB 1.274 billion and the same legal representative, Ye Qingpei. Corporate registry data show both entities are indirectly wholly owned by the shipping group. Their business scope covers oil and gas technical services, enterprise management and consulting.

TREE NEWS update: Xiaohongshu announced a full upgrade of its “Future Potato Field Plan,” extending it from online to offline. Over the next year, the platform will partner with museums, zoos and botanical gardens, and sports and outdoor organizations nationwide to jointly organize at least 100 offline events for young people. The company did not disclose the budget or specific dates for the events.

TREE NEWS update: Hackers targeted a Japanese forex trading platform and threatened to leak customer data unless paid a $50 million ransom. GMO Internet Group, the operator, said it will not meet the attackers’ demands and told clients to scan computers for viruses, back up files, disconnect from networks and power down devices before a Tuesday noon deadline set by the hackers. Some customers had already found unauthorized trades in their accounts.

TREE NEWS reports: Stablecoin payments company RedotPay is considering a confidential US initial public offering filing by the end of the year, Bloomberg reported. The company had previously disputed reports that its US listing had been delayed. No further details on the size or timing of the potential offering were disclosed.

TREE NEWS reports: Galaxy told clients in an Oct. 22 research note that bitcoin’s bear market ended in June and the asset is now in an accumulation phase, calling it a good time to buy and hold. The firm cited the 200-week moving average holding as support, five straight weekly closes above the 50-week average, and a halving of ETF and futures positions by basis traders and macro speculators. Galaxy set a weekly close below $76,540 as a condition that would change its view.

TREE NEWS reports: StoneX lifted its price target on bitcoin treasury company Strive to $43 from $32 and reiterated a Buy rating on the stock. The 34% increase follows a new stock offering that the brokerage said bolsters Strive’s bitcoin strategy.