Flash News

TREE NEWS update: Royal Bank of Canada has increased its price target for Nvidia to $330, reflecting confidence in the company’s growth prospects. This adjustment comes amid strong demand for AI chips and data center infrastructure.

TREE NEWS reports: OpenAI is set to launch its second startup fund and has already completed a $400 million fundraising round. The fund aims to support AI startups, marking a significant move in the AI investment landscape.

TREE NEWS update: Ethereum spot ETFs recorded a total net inflow of $192 million yesterday, marking the eighth consecutive day of inflows. This sustained momentum highlights growing institutional interest in ETH-based investment products.

TREE NEWS reports: The head of digital assets at BlackRock stated that the macro logic supporting Bitcoin continues to strengthen. This comment underscores growing institutional interest in Bitcoin as a macro asset.

TREE NEWS reports: Alibaba Cloud has reduced the unit price for its Qwen3.8-Flash model, making it more affordable for developers and enterprises. This move is part of Alibaba’s strategy to enhance competitiveness in the AI cloud market.

TREE NEWS update: The current Crypto Fear & Greed Index stands at 70, signaling a state of greed among market participants. This suggests a bullish sentiment in the cryptocurrency market.

TREE NEWS update: Jeffrey Huang, known as Machi Big Brother, plans to acquire the social platform Friend.tech for $1 million and restart it through a CTO (Community Takeover). The move aims to revive the project after its decline.

TREE NEWS update: Data shows Binance experienced a net outflow of 32.3026 million USDT in the past hour. This could indicate market movement or investor behavior, but no further details were provided.

TREE NEWS update: Franklin Templeton’s Chief Investment Officer stated that the market is at a turning point where large investors are beginning to allocate to liquid crypto funds. This signals growing institutional adoption of digital assets as an asset class.

TREE NEWS reports: StarkWare has successfully tested a quantum-resistant Bitcoin transaction on mainnet, demonstrating that such spending is possible without a fork. However, the experimental transaction cost up to $200 and required direct submission to miners, highlighting current limitations.

TREE NEWS reports: Michael Burry, known for ‘The Big Short’, has increased his bearish bet against Nvidia while simultaneously purchasing call options to hedge the position. This move reflects his continued skepticism about the AI-driven rally in chip stocks.

TREE NEWS update: Silver trading is gaining momentum, with Gate.io’s XAG perpetual contract open interest consistently ranking among the top two in the industry. This highlights the growing interest in silver as a tradable asset on crypto platforms.

TREE NEWS update: Shanghai police have cracked a massive underground bank that used cryptocurrencies for cross-border currency exchange, involving over 20 billion yuan (~$2.8 billion). The operation highlights ongoing regulatory crackdowns on crypto-related financial crimes in China.

TREE NEWS reports: Michael Saylor advocates for ‘Bitcoin reform’ to support institutional adoption and broader custody solutions. He emphasizes the need for regulatory clarity and infrastructure to enable mainstream participation.

TREE NEWS update: Wall Street is bracing for potential major shifts in U.S. Treasury debt management after Secretary Bessent announced a bond buyback program and hinted at changes to auction sizes. Banks like BofA and Deutsche Bank warn that the November refunding announcement is now a huge unknown, with options including expanding buybacks, shortening debt maturities, or even cutting long-term bond issuance. This departure from predictable debt management is injecting volatility into the $31 trillion Treasury market.

TREE NEWS reports: SK Hynix shares have fallen about 45% from their record high, currently trading near the 50% retracement level of their 52-week range. The recent rejection of a wage deal by production workers adds uncertainty, but analysts remain bullish with a consensus buy rating and average target price of 3.16 million KRW. Key support lies at 1.557 million KRW (August 25 low) and 1.62 million KRW (50% retracement), with resistance at 1.671 million KRW and the 1.943-2.0 million KRW zone.

TREE NEWS update: Saxo Bank analysts note that Nvidia’s earnings confirm the investment thesis for AI infrastructure, suggesting continued strength in AI-related equities. The report implies positive spillover effects for crypto and AI-crypto sectors, though no direct RWA implications were mentioned.