TREE NEWS reports: The US second-quarter GDP price index was revised to 6.4%, indicating persistent inflationary pressures. This data point may influence the Federal Reserve’s monetary policy decisions, potentially impacting risk assets including cryptocurrencies.
TREE NEWS update: The US personal income increased by 0.4% in July, matching expectations. This data point is part of the latest economic indicators released by the US government.
TREE NEWS reports: The US July PCE price index rose 0.2% month-over-month, surpassing expectations. This key inflation gauge could influence the Federal Reserve’s interest rate decisions.
TREE NEWS update: The US core PCE price index rose 3.3% year-over-year in July, in line with expectations. This key inflation gauge, closely watched by the Federal Reserve, suggests price pressures are moderating, potentially influencing future rate decisions.
TREE NEWS update: Bernstein forecasts Bitcoin to reclaim $125,000 by late 2026, with a base case of $300,000 by 2029 and a bull case of $500,000. The prediction suggests a prolonged cycle peak ahead.
TREE NEWS reports: Revolut has launched its euro-pegged stablecoin, EURR, initially available to selected customers in Denmark, Poland, and Portugal. The reserves are held by a Luxembourg subsidiary of Stripe, marking Revolut’s entry into the stablecoin market.
TREE NEWS update: BNB Chain has joined Mastercard’s crypto partner program, aiming to enhance the integration of blockchain technology with traditional financial services. This collaboration marks a significant step towards bridging the gap between crypto and mainstream finance.
TREE NEWS reports: A well-known trader suggests that if Bitcoin breaks above $83,000, it could trigger a short squeeze, potentially driving the price to $95,000. The analysis highlights key resistance levels and market dynamics.
TREE NEWS update: Ripple’s stablecoin RLUSD has exceeded a $2 billion market cap, with nearly $1 billion issued on the XRP Ledger. This milestone highlights the growing adoption of RLUSD in the crypto ecosystem.
TREE NEWS reports: HPC and TradeXYZ have jointly written to the CFTC, calling for energy perpetual contracts to be brought under US regulatory oversight. The move aims to enhance market integrity and investor protection in the digital asset derivatives space.
TREE NEWS reports: IBM has finalized its acquisition of HRL Laboratories, a move aimed at accelerating advancements in quantum computing. The deal underscores IBM’s commitment to leading the quantum technology race.
TREE NEWS update: Taurus, a digital asset infrastructure provider, has connected its tokenization and custody platform to Swift’s blockchain ledger, enabling seamless interoperability between traditional finance and blockchain networks. This integration allows financial institutions to manage tokenized assets and digital securities through Swift’s existing infrastructure.
TREE NEWS update: Runable, an AI agent development company, has completed a $21 million Series A funding round led by Nexus Venture Partners and others. The funds will be used to expand its AI agent platform, which may have implications for blockchain-based AI agents. However, the news does not explicitly mention blockchain or crypto integration.
TREE NEWS update: Taurus, a digital asset infrastructure provider, is integrating its platforms with Swift’s blockchain ledger, enabling institutional clients to conduct DLT transactions. The company expects its first institutional clients to connect within days, with initial transactions occurring within weeks.
TREE NEWS reports: In a recent interview, Cobo co-founder Shenyu discussed AI’s role in lowering execution costs and empowering individuals, his investment philosophy centered on concentrated holdings in assets he truly understands, and his view that Bitcoin remains digital gold. He also highlighted the potential for AI agents to become primary users of blockchain ecosystems like Ethereum, and observed that RWA tokenization is still in early stages.
TREE NEWS reports: The Dallas Federal Reserve warned that tokenized deposits could reduce US bank lending capacity by up to $700 billion, as funds shift to stablecoins and tokenized assets. This highlights regulatory and financial stability concerns as RWA tokenization gains traction.
TREE NEWS update: LayerZero announced ATLAS, a new settlement engine, during its Morning Minute update. The market reacted positively, with ZRO token rising 10% and climbing nearly 50% from its local bottom.
TREE NEWS update: Iran’s Revolutionary Guard has warned that the Strait of Hormuz will remain closed unless the US accepts their conditions. This geopolitical tension could impact global oil markets and, by extension, crypto markets. No direct link to RWA tokenization.
TREE NEWS reports: Alibaba has completed a HKD 80 billion new share placement, with proceeds earmarked for AI and cloud infrastructure investments. The move underscores the tech giant’s aggressive push into AI-driven growth, though it is not directly related to real-world asset tokenization.
TREE NEWS reports: According to data from Polymarket, the probability of Ethereum reaching $2,500 in the remaining time of August has surged to 86%. This reflects growing market optimism about ETH’s near-term price action.