TREE NEWS update: South Korean crypto exchange Upbit has listed Polyswarm (NCT), enabling trading against the Korean won (KRW). The listing provides Korean investors with direct access to the cybersecurity token, potentially increasing its liquidity and market visibility.
TREE NEWS reports: Bernstein analysts forecast Bitcoin reaching $150,000 by mid-2027 and peaking around $300,000 by 2029, citing institutional adoption and supply dynamics. The report underscores growing mainstream acceptance of crypto as an asset class.
TREE NEWS update: Kalshi, a prediction market platform, has sold $1.12 billion of its $1.5 billion equity offering, according to a Form D filing. The offering, which lists 71 investors, relies on an exemption for private offerings without SEC registration. This indicates strong investor interest in the platform.
TREE NEWS update: Chinese AI startup MiniMax reported H1 revenue of $117 million, up 283% year-over-year. The company focuses on AI models and applications, with no direct crypto or RWA connection.
TREE NEWS reports: Alibaba’s Qwen creative platform has begun small-scale testing of a multi-agent collaboration feature. This move indicates Alibaba’s continued investment in AI agent technology, though it does not directly involve crypto or RWA.
TREE NEWS update: SenseTime, a Chinese AI company, reported its first IFRS net profit in the first half of the year, with revenue growing 23.4% year-over-year. The achievement marks a significant milestone for the company.
TREE NEWS reports: In a recent analysis, Jiang Zhuoer stated that the probability of Bitcoin dropping below $67,000 is very low, and he believes Ethereum remains the engine of this bull market cycle. His comments come amid ongoing market volatility and investor uncertainty.
TREE NEWS reports: OpenAI’s first self-developed ASIC chip, Jalapeño, has reportedly surpassed Nvidia’s GB300 and Blackwell in key performance metrics, according to tests by SemiAnalysis. The chip, developed with Broadcom, achieves higher throughput and lower latency while consuming less power, marking a significant milestone in AI hardware. However, experts note it is still in engineering sample stage, with mass production expected by 2027.
TREE NEWS update: HyperCore has launched its manual borrowing feature on the testnet, allowing users to test the new functionality. However, on the mainnet, borrowing remains limited to portfolio margin accounts, indicating a gradual rollout.
TREE NEWS reports: Data shows that Binance has seen a USDC inflow of over $470 million, marking the highest level in six months. This surge suggests increased investor interest or activity in the stablecoin market on the exchange.
TREE NEWS reports: Tencent Holdings has repurchased 672,000 shares for over HK$300 million, according to the latest disclosure. The buyback is part of the company’s ongoing capital return program amid a broader tech stock rally.
TREE NEWS update: Chinese AI company Zhipu confirmed that Ox Alpha is the new iteration of its GLM series and will release model weights tonight. The announcement marks a significant update in the AI model landscape, though no crypto-specific details were provided.
TREE NEWS reports: A whale address has accumulated 6,000 ETH since August 17, currently holding an unrealized profit of $130,000. The move highlights ongoing accumulation by large holders amid market conditions.
TREE NEWS update: Analysts report that Bitcoin’s on-chain capital inflows have turned positive for the first time in nearly three months, indicating a potential shift in market sentiment. However, the strength of demand remains at historically low levels, suggesting that the recovery may be fragile.
TREE NEWS reports: Gate’s global stock services now cover four core markets, with E-World and HanmiGlobal leading gains in the Korean stock market. This expansion enhances Gate’s international trading capabilities and provides users with broader access to global equities.
TREE NEWS update: Hong Kong family office Anther Capital has established a multi-billion-dollar artificial intelligence investment portfolio. The move underscores growing institutional interest in AI-driven opportunities within the region.
TREE NEWS reports: NVIDIA’s upcoming earnings report is seen as a crucial test for the AI bull market, with expectations of strong results but concerns about guidance and valuation. Options market implies a low volatility move of 5.4%, the lowest since 2021, indicating uncertainty. Analysts are split, with some seeing upside while others warn of a potential sell-the-news reaction.
TREE NEWS update: Nvidia is set to release its Q2 earnings, with investors focusing on infrastructure financing and gross margins. The results could impact crypto and AI-related stocks.
TREE NEWS reports: Lisk Chain will cease operations on October 31, offering projects the option to migrate to Celo. This marks the end of Lisk’s independent chain as it integrates into the broader ecosystem.
TREE NEWS reports: The Zcash spot ETF has dropped 8% since its launch, ending a 60% price surge. The decline reflects typical post-listing volatility and profit-taking after the initial hype.