TREE NEWS reports: Strive announced that its Bitcoin reserve-related ATM offering has been active for five consecutive trading days, raising over $10 million. The proceeds are intended to purchase more than 130 Bitcoin, reflecting continued institutional appetite for bitcoin exposure.
TREE NEWS update: DeFi Development Corp, a Nasdaq-listed SOL treasury company, launched a free network dashboard on Wednesday. The dashboard aims to help investors evaluate Solana’s ecosystem beyond just the token’s price, highlighting metrics like network activity and growth.
TREE NEWS reports: Chainalysis estimates $457 billion in taxable crypto activity, but the OECD’s Crypto-Asset Reporting Framework (CARF) covers only 14% of onchain transactions. The firm highlights significant gaps in international tax reporting for digital assets.
TREE NEWS reports: A UK judge has dismissed the extradition appeal of the former CEO of Saitama, a crypto token, and referred the case to the UK government for a final decision. This marks a significant legal development in the ongoing proceedings against the executive.
TREE NEWS update: Coinbase and Better Mortgage have announced the general availability of Bitcoin-backed mortgages, following a pilot in June. This allows users to leverage their Bitcoin holdings as collateral for home loans, integrating crypto assets with traditional real estate financing.
TREE NEWS reports: Samuel Tunick, facing five years in prison over a wiped phone, claims he was secretly placed on a terrorist watch list. He asserts that the government does not own our data, highlighting privacy concerns in the digital age.
TREE NEWS update: Anthropic has inked a massive $45 billion AI computing agreement with Nscale, marking one of the largest deals in the sector. The partnership underscores the surging demand for AI infrastructure, though it has no direct connection to crypto or RWA tokenization.
TREE NEWS update: Manpreet Kohli, accused of making $20 million from an alleged scheme to manipulate the Saitama token, is a step closer to facing trial in Boston. The extradition case highlights regulatory scrutiny on crypto executives.
TREE NEWS reports: IDC forecasts Apple’s foldable iPhone to exceed 10 million units in its first year, marking a significant entry into the foldable market. The report highlights Apple’s potential to disrupt the segment despite late entry.
TREE NEWS reports: Anthropic will lease data centers from AI infrastructure firm Nscale for $45 billion, securing 460 megawatts of computing power from a West Virginia facility. Nscale plans to invest $71 billion in the project.
TREE NEWS update: NPCCAT, a meme coin linked to the Robinhood ecosystem, is gaining community attention with a market cap of about $1.56 million. The project is rumored to be launched by the original NPC developer, who allegedly holds a large supply. However, the community notes high volatility and advises caution.
TREE NEWS update: A survey reveals that 77% of Americans consider cryptocurrencies a risky addition to retirement plans. This sentiment reflects ongoing caution toward digital assets in long-term savings, despite growing institutional interest.
TREE NEWS reports: VanEck reports that 12 quantitative signals suggest the Bitcoin bear market has ended, indicating a potential shift to a bullish phase. The signals include improved on-chain metrics and market sentiment, though the firm advises caution.
TREE NEWS update: Apple is set to release its first foldable iPhone at a launch event in the early hours of September 10 Beijing time. The announcement marks a major product milestone for the tech giant, though no crypto or RWA implications are involved.
TREE NEWS reports: The Dallas Federal Reserve reported that tokenized deposits could let customers move funds faster for higher yields, weakening bank funding stability. It estimates a 10% increase in deposit rate sensitivity could cut banks’ interest-rate risk capacity by about $700 billion, and a 10% shorter weighted average deposit maturity could reduce term transformation capacity by $580 billion. Unlike stablecoins, tokenized deposits are regulated and interest-bearing, but instant settlement, smart contracts, and AI may reduce deposit stickiness.
TREE NEWS update: A NIRS survey found 77% of Americans consider cryptocurrency risky for workplace retirement plans, with 46% viewing it as very risky and 53% opposing employer-offered crypto options. The survey, conducted among 1,203 adults, also highlighted widespread retirement concerns amid policy pushes to expand alternative assets in 401(k) plans following recent regulatory shifts.
TREE NEWS update: US-listed crypto-related stocks declined across the board, with MicroStrategy (MSTR) down 3.52% and Coinbase (COIN) down 3.23%. The drop reflects broader market sentiment in the crypto sector.
TREE NEWS reports: Data shows that a Fireblocks custody wallet transferred $66 million in USDT to Binance over the past week. The move may signal institutional activity or liquidity management, though the purpose remains unclear.
TREE NEWS update: The SEC has sent its proposed overhaul of crypto custody rules to the White House for review, potentially clarifying how investment advisers and funds hold digital assets for clients. The move signals progress in the regulatory framework for digital asset custody.
TREE NEWS reports: Dallas Fed researchers warn that a shift toward tokenized deposits, which are faster and more rate-sensitive, could pull up to $700 billion from bank lending. This would push banks into safer assets, constrain credit availability, and raise borrowing costs for consumers and businesses.
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