TREE NEWS reports: Coinbase and mortgage lender Better have introduced bitcoin-backed mortgages, pairing a conventional home loan with a separate downpayment loan secured by pledged bitcoin and a second lien on the property. The product moves beyond the waitlist, offering homeowners a way to leverage their crypto holdings for real estate purchases.
TREE NEWS update: Schwab’s retail crypto platform, launched in May, plans to expand its offerings to include Solana, Avalanche, and Chainlink alongside Bitcoin and Ether. The move signals growing institutional interest in altcoins as the platform prepares for a broader rollout to advisor channels by mid-2027.
TREE NEWS update: RQD Clearing, a clearing firm, has completed a $74 million funding round led by Bain Capital. The funds will be used to expand its clearing services, potentially in the digital asset space.
TREE NEWS update: Hyperliquid Strategies, the treasury arm of HYPE, has raised $647 million, doubling its HYPE token reserves to 29.3 million. The funding is expected to bolster the project’s financial position and support its ecosystem growth.
TREE NEWS update: Popular streamer Du Shi revealed he was scammed out of tens of millions of RMB by Sun Zeyu, founder of Genesis Capital, who allegedly provided fake ETH on a private fork chain to deceive him. The scam, lasting eight years, involved a chain with only seven addresses, six controlled by Sun. Du Shi’s case highlights the risks of entrusting crypto assets to others, and legal action is pending.
TREE NEWS reports: Flock CEO Garrett Langley urged Americans to compromise on privacy, asserting that 99.9% of police are good actors. This comes after a report identified at least 69 officials accused of misusing license plate readers, sparking backlash over surveillance concerns.
TREE NEWS update: BlackRock has purchased Bitcoin and Ethereum for eight consecutive trading days, with total inflows exceeding $3.1 billion. This sustained accumulation signals strong institutional demand for digital assets.
TREE NEWS reports: Since June, ETH exchange balances have decreased by 1.4 million coins, while BTC balances have increased against the trend. This shift suggests differing investor behavior between the two major cryptocurrencies.
TREE NEWS update: The Ethena Foundation has unveiled four significant ecosystem adjustments, including a buyback of ENA tokens and the elimination of monthly VC unlocks. These changes aim to restructure tokenomics and enhance long-term sustainability.
TREE NEWS reports: Salesforce shares jumped 19% to their highest level since August 2020, following strong quarterly results and optimistic guidance. The rally reflects robust demand for its cloud and AI products.
TREE NEWS update: Genius Group, an AI-focused education company, unveiled a $1.2 billion capital plan to fund its AI Treasury and Bitcoin Treasury initiatives. The move signals growing corporate adoption of Bitcoin as a treasury reserve asset alongside AI investments.
TREE NEWS reports: Meta is reportedly planning to invest $10 billion annually in AI models developed by Anthropic. This strategic move underscores the growing competition in the AI sector and Meta’s commitment to advancing its AI capabilities.
TREE NEWS reports: In the past week, the crypto market saw broad gains, with narrative-driven assets like STX (+121%), CASHCAT (+102%), and ENA (+74%) leading the surge. Meanwhile, a few tokens like JELLYJELLY (-3.5%) and LAB (-13%) bucked the trend, declining due to cooling narratives or sell pressure. The rally was concentrated in Bitcoin ecosystem, meme coins, and Trump-related tokens, while fundamentals-driven sectors like lending, restaking, and RWA saw steady gains.
TREE NEWS update: Alphabet’s stock has dropped 15% from its highs, as market doubts grow over its AI leadership. The decline reflects concerns about competition and the company’s ability to monetize AI investments.
TREE NEWS reports: Bitcoin remains stable around $80,000 as traders await the Jackson Hole symposium for potential market-moving signals. The focus is on any hints about monetary policy that could impact risk assets including crypto.
TREE NEWS update: Elon Musk, Jensen Huang, and Sam Altman are scheduled to attend the G20 technology meeting next week, according to ChainCatcher. The gathering will bring together top tech leaders to discuss technological advancements and policy.
TREE NEWS reports: Ripple Prime has introduced Delta One, a new service expanding its US equity derivatives business. This move diversifies Ripple’s offerings beyond crypto into traditional financial markets.
TREE NEWS reports: Data shows that if Bitcoin falls below $75,528, the cumulative long liquidation intensity on major centralized exchanges could reach $1.554 billion. This highlights the potential for a sharp market move and increased volatility.
TREE NEWS reports: Ripple Prime has expanded into US equity derivatives by launching a Delta One business, offering institutional clients total return swaps on US-listed equities, indexes, and digital assets with cross-margin capabilities. This move bridges traditional finance and crypto, enhancing institutional access to diversified exposure.
TREE NEWS update: CrowdStrike shares jumped 10%, marking their biggest gain since July 14. The surge is likely driven by positive market sentiment or company-specific news.