Flash News

TREE NEWS reports: Trader 0x2016 opened a 20x short position on NVDAUSD1 on Aster DEX. The position covers 1,734.23 contracts worth $315,000 and is currently showing an unrealized profit of nearly $52,400, a return on investment of 332.79%.

TREE NEWS reports: US spot Bitcoin ETFs recorded a net $1.3 billion weekly outflow, the largest since late June, as Bitcoin fell below $76,000 amid a broader selloff in US technology stocks. BlackRock’s IBIT alone saw $1.21 billion in net redemptions last week.

TREE NEWS update: China unveiled the “Nebula Constellation Plan” on 9 May at the 2026 Space Cloud Industry Ecosystem Conference, marking a shift from technical validation to industrial deployment of its space-cloud ecosystem. Developed jointly by the Aerospace Information Research Institute of the Chinese Academy of Sciences and domestic tech firms, the plan spans the full chain from domestic computing chips to satellite applications and will build an integrated space-ground computing network serving natural resources, disaster response and low-altitude economy use cases.

TREE NEWS update: Elysium, the first L2 network in the Hyperliquid ecosystem built by Kinetiq, is set to launch its mainnet at 9 PM tonight. The network uses the Arbitrum Orbit stack, settles to HyperEVM, uses HYPE as its native gas token, and targets roughly 100 ms block times. Its sequencer revenue is split 25% to app builders, 25% to the Kinetiq treasury, and 50% to buy back and burn KNTQ, which has a market cap of about $410 million.

TREE NEWS reports: Hong Kong’s Hang Seng Index closed 0.13% lower and the Hang Seng Tech Index fell 0.92% on the day. R&F Properties dropped 8%, Meituan lost 6.53%, Shimao Group fell 4.88% and Zhongji Innolight slid 4.3%. Gainers included Manycore Tech up 7.96%, WeRide up 6.62%, NIO up 2.77% and GDS Holdings up about 4.05%.

TREE NEWS update: Nvidia said it plans to make a new investment in South Korean AI startup Point2. The chipmaker did not disclose the size, structure or timing of the planned investment. Point2 is a Korean artificial intelligence company, and the deal would mark further Nvidia backing for AI startups in the country.

TREE NEWS update: Sakana AI plans to hold an initial public offering as early as fall 2027, the Japanese AI developer said. No listing venue, offering size or valuation was disclosed. The company did not give a specific timetable beyond the 2027 target.

TREE NEWS reports: The Euro Stoxx 50 index opened 0.2% lower on the session. The decline marks a softer start for eurozone blue-chip equities.

TREE NEWS update: China’s Ministry of Commerce published a decision to continue suspending countermeasures against five US-related subsidiaries of Hanwha Ocean for two months, effective November 10, 2026, to implement the consensus reached in China-US economic and trade consultations. The notice extends the pause on previously announced measures targeting the South Korean shipbuilder’s American units.

TREE NEWS update: China’s Ministry of Commerce said it will continue to suspend measures related to its Unreliable Entity List for two months starting Nov. 10, 2026, extending a pause first announced in an April 4, 2025 notice. Domestic companies may apply to trade with the listed entities, and the list’s working mechanism will review applications and approve those that meet the criteria under the Unreliable Entity List rules.

TREE NEWS update: New Zealand’s Financial Markets Authority has proposed a regulatory pathway for NZD-referenced payment stablecoins and opened it for feedback. Stablecoins meeting specific requirements, including NZD backing held by a registered bank and redemption at par, would no longer be treated as financial products under the Financial Markets Conduct Act. FMA general counsel Liam Mason said the move tests a clearer regulatory path to support innovation and maintain market confidence. The proposal is interim, with no final decision made.

TREE NEWS update: Iranian Foreign Ministry spokesman Baghaei said on November 9 that Iran’s “two-day plan” to reopen the Strait of Hormuz represents authoritative diplomacy and a definitive end to disputes with the United States. Baghaei described the proposal as logical, direct and timely, adding that it proves Iran is key to stability and security in the Strait of Hormuz and the Persian Gulf. Whether the strait can be reopened safely depends on U.S. decision-making, he said.

TREE NEWS reports: Nvidia dropped 6.13% over the past 24 hours and was trading at 175.98 USDT.COM data. The move marks a sharp one-day decline for the chipmaker’s tokenized price quote.

TREE NEWS update: European Union Economy Commissioner Valdis Dombrovskis said the EU economy faces uncertainty and downside risks. He made the remarks in a statement on the bloc’s economic outlook, without specifying which risks he was referring to. The comment comes as the EU assesses growth prospects amid global trade and geopolitical tensions.

TREE NEWS reports: SoftBank is reportedly reconsidering its NeoCloud business in the United States and may shift the operation to other regions. The move would mark a potential pullback from US-based cloud infrastructure for the Japanese conglomerate. No timeline or specific alternative markets were disclosed.

TREE NEWS reports: DePIN project Puffpaw issued its VAPE token with no CEX support and only a few tens of thousands of dollars in DEX liquidity, while team-linked addresses controlled 97% to 99.88% of circulating supply. On-chain analyst Atlantis liquidity found 1,259 of 1,285 Polymarket wallets holding Puffpaw FDV positions had never traded any other market. VAPE’s FDV was pushed to just under $400 million before collapsing to $7 million; Polymarket’s five sub-markets are now disputed and headed to UMA token-holder vote, expected to end Nov. 11.

TREE NEWS reports: SoftBank is preparing for a possible slowdown in the US data center market. The Japanese technology group is adjusting its plans as demand for data-center capacity faces uncertainty. No further details on the scale or timing of the preparations were provided.

TREE NEWS reports: US equity futures declined, with Nasdaq 100 futures falling more than 1%. The move signals a weaker open for technology stocks, which have been sensitive to shifts in rate expectations and growth sentiment.

TREE NEWS update: Vietnam is seeking to deepen cooperation with Japan in artificial intelligence and semiconductors. The push covers two areas — AI and chips — as Vietnam looks to expand ties with Japanese partners in advanced technology. No further details, figures or timelines were disclosed.