TREE NEWS reports: Coinbase has launched tokenized stocks for Nvidia, Apple, Meta, and Alphabet on its Base network, available to non-US users. Approximately $4.5 million was minted with $3 million in DEX liquidity on day one, using Chainlink price feeds.
TREE NEWS reports: Gemini plans to become the exclusive venue for crypto event contracts offered through Apex’s FCM, expanding its prediction-market reach to brokerage clients. The proposed deal would integrate Gemini’s platform with Apex’s brokerage network, potentially increasing access to crypto prediction markets for retail investors.
TREE NEWS update: An unknown team released Ox Alpha, an AI model that outperforms rivals like Claude Fable on benchmarks, supports million-token context and video input, and is free. Its anonymous origins have sparked speculation in the AI community. The model’s capabilities suggest significant resources, but no crypto connection is evident.
TREE NEWS update: The SEC has issued subpoenas to Wall Street banks regarding their involvement with AI-driven hedge funds, signaling increased regulatory scrutiny. This action highlights the growing intersection of AI and finance, but it is not directly related to RWA tokenization.
TREE NEWS reports: Bitcoin and gold rose as the dollar weakened following expanded Treasury bond buybacks, reflecting concerns about U.S. fiscal policy, analysts say.
TREE NEWS reports: Bernstein analysts express optimism about USDC’s recovery, citing regulatory clarity and market conditions. They maintain a $140 price target for Circle, reflecting confidence in the stablecoin’s growth.
TREE NEWS update: The Dow Jones Industrial Average gained 139.98 points, while the Nasdaq Composite fell by 200.26 points, reflecting mixed performance in US stock markets. This divergence highlights sector-specific movements, with tech stocks under pressure.
TREE NEWS update: Bernstein analysts highlight a new growth cycle for USDC, with supply rising by $2 billion in a week due to higher transaction activity. They set a $140 price target for Circle, citing factors that could support further expansion.
TREE NEWS reports: Bitcoin Policy UK reported to Parliament that 40% of bank-to-exchange transfers are being blocked in Britain, hindering cryptocurrency adoption. The group calls for regulatory clarity to prevent banks from restricting access to digital assets.
TREE NEWS reports: Coinbase has launched tokenized stocks on its Ethereum Layer 2 network, Base, allowing users to trade and utilize shares of companies in DeFi applications. The tokens are backed by shares held by regulated custodian Alpaca, bridging traditional finance with decentralized finance.
TREE NEWS reports: Bitari Inc. announced it will sell 4.3 million shares at $7 per share to raise $30 million, with plans to list on Nasdaq. The move marks a step toward going public.
TREE NEWS reports: The US dollar index climbed on the 24th, reflecting broader market movements. This development may impact cryptocurrency and other risk assets.
TREE NEWS update: SpaceX’s Falcon Heavy rocket is set to launch NASA’s Roman Space Telescope, marking a significant milestone in space exploration. The mission will deploy the telescope to study dark energy, exoplanets, and infrared astrophysics.
TREE NEWS update: Stand With Crypto, a Coinbase-affiliated advocacy group, has announced its endorsements for the upcoming US general election, aiming to elect the most pro-crypto Congress in history. The move underscores the crypto industry’s push to influence policy and regulation.
TREE NEWS reports: Coinbase’s B20 equities bring stocks including Apple and Nvidia onchain, allowing eligible non-US users to trade them 24/7 and use them across DeFi. The launch leverages Chainlink price feeds for accurate pricing.
TREE NEWS update: Nasdaq-listed Strive made its largest bitcoin purchase in months, acquiring 1,110 BTC. The news sent its stock price soaring as investors reacted positively to the company’s continued bitcoin treasury strategy.
TREE NEWS update: SATA’s fundraising round is expected to raise enough to purchase over 130 bitcoins, with only 90 minutes remaining until the sale concludes. The project is likely conducting a token sale or similar fundraising mechanism.
TREE NEWS update: Strive’s SATA expects to raise enough funds today to purchase over 130 bitcoins, with 90 minutes left in the trading session. Since returning to par value, SATA’s trading volume has exceeded $125 million over the past three days.
TREE NEWS reports: Hyperliquid’s token reaches an all-time high ahead of a $1.2 billion token unlock, the largest remaining supply release for the project. The news highlights the market’s anticipation and potential volatility surrounding the event.
TREE NEWS reports: US Treasury Secretary Scott Bessent warned global financial institutions that entities assisting Iran with money laundering will be cut off from the US dollar system. New sanctions target five key areas of Iran’s overseas operations, including digital assets, technology, gold, aviation, and shipping, expanding secondary sanctions risks.