TREE NEWS update: US July PCE price index rose 0.2% MoM and 3.7% YoY, matching expectations, while core PCE held at 3.3% YoY. Consumer spending stalled, supporting the Fed’s case to hold rates, but inflation remains above target.
TREE NEWS update: Nvidia reported record Q2 FY2027 revenue of $96.2 billion, up 106% year-over-year, driven by surging data center demand for AI infrastructure. The company also announced a $108 billion Q3 outlook and plans to mobilize over $500 billion in third-party capital for AI data centers, but its stock dipped in after-hours trading amid concerns about sustainability and competition.
TREE NEWS reports: Ledger’s CTO addressed the vulnerability FUD, stating that the issue was fixed before it was publicly disclosed and that users are safe once they update. The response aims to reassure users amid the panic.
TREE NEWS update: Gold prices are supported by concerns over dollar depreciation, with market attention turning to a speech by Kevin Warsh. Investors are closely watching for any signals on monetary policy that could impact the dollar and precious metals.
TREE NEWS reports: A new wallet deposited 5 million USDC into Hyperliquid and opened short positions on 8,155 ETH and 247.6 BTC. This significant leveraged trade indicates bearish sentiment on major cryptocurrencies.
TREE NEWS update: Solana-based meme coin fone briefly surpassed a $4 million market cap, surging over 97x in a day. The rapid price movement highlights the speculative nature of meme tokens on the Solana ecosystem.
TREE NEWS reports: Nvidia reported Q2 FY2027 revenue of $96.2B, up 106% YoY, beating estimates and guiding Q3 to $108B, entering the $100B quarterly revenue era. The company also projected 70% revenue growth for FY2028, far exceeding expectations, despite supply constraints, driven by continued AI demand from hyperscalers and the ramp of its Vera Rubin platform.
TREE NEWS reports: TronBid, a peer-to-peer marketplace for TRON energy and bandwidth, has upgraded to a two-sided market allowing users to create buy and sell orders for these resources. It introduces Quick Rent and Flash Recharge features, plus a B2B API for enterprises to automate energy leasing and reduce USDT TRC-20 transaction fees. TronBid has also become a TRON Super Representative partner, joining the DPoS governance ecosystem.
TREE NEWS reports: According to RootData, CHEEL tokens worth approximately $2.22 million will be unlocked in about a week. This scheduled token release could impact the token’s supply and market dynamics.
TREE NEWS update: According to RootData, among the top three stock derivatives exchanges, only Gate achieved growth in both 24h trading volume and market share. The data highlights Gate’s strong performance in the competitive derivatives market.
TREE NEWS reports: Melius Research has raised its price target for Nvidia to $420, citing strong demand for AI chips. The upgrade reflects optimism about Nvidia’s growth prospects in the AI sector.
TREE NEWS update: Bitget has expanded its stock spot (rToken) offerings by adding rDJT and rPURR. These new rTokens represent tokenized versions of the respective assets, allowing users to trade them on the platform.
TREE NEWS reports: Yi Lihua, a prominent crypto investor, predicts a bullish trend in the crypto market lasting until at least 2028, advising investors to avoid shorting. He cites ongoing market dynamics and adoption as key drivers. The statement reflects a long-term optimistic outlook for digital assets.
TREE NEWS reports: An address suspected to be associated with a16z has purchased an additional 282,000 HYPE tokens, bringing its total staked amount to 4.679 million HYPE. This move indicates continued accumulation by a major investor in the Hyperliquid ecosystem.
TREE NEWS reports: A savvy trader who had been inactive for two years has re-entered the market, purchasing $9.74 million worth of SOL. The trader has previously accumulated $4.95 million in profits from swing trading SOL.
TREE NEWS update: FinTax, a crypto tax compliance platform, has completed a seed funding round and will enter into long-term ecosystem collaboration with YZi Labs. The partnership aims to enhance tax solutions for the crypto industry.
TREE NEWS reports: A crypto address has realized a paper profit of $11.63 million within 18 days by taking a 20x leveraged long position on SOL. The trade highlights the high-risk, high-reward nature of leveraged crypto trading.
TREE NEWS update: A mysterious whale has accumulated nearly 388,000 HYPE tokens over two days, valued at approximately $31.5 million. This significant purchase highlights growing interest in the HYPE token.
TREE NEWS update: Data shows Hyperliquid platform whales currently hold $7.038 billion in positions, with a long/short ratio of 0.9. This indicates a slight bearish sentiment among large traders on the platform.
TREE NEWS reports: SoftBank is reportedly in negotiations to acquire a majority stake in humanoid robot maker 1X at a valuation of $6 billion. The deal underscores SoftBank’s continued investment in robotics and AI, though it has no direct connection to cryptocurrency or real-world asset tokenization.
Daily briefs, flash news and in-depth research from the TREE NEWS desk — free, straight to your inbox.