TREE NEWS reports: Gold surged past 4600 as central bank buying, ETF inflows, and options hedging converge, with Goldman Sachs maintaining a 4900 forecast for end-2026 but flagging significant upside risk. Options positioning could amplify moves both ways, and clients are targeting 4800-5500 via options and spot. A rebound in inflation remains the key macro risk.
TREE NEWS reports: PDD Holdings released its Q2 2026 earnings, showing an 8% year-over-year revenue increase. The company’s performance reflects its continued growth in the e-commerce sector.
TREE NEWS update: Shanghai has registered one new generative AI service for filing, bringing the total to 188. This reflects the city’s ongoing regulatory oversight and support for AI development.
TREE NEWS update: MSX Maitong’s Pre-IPO platform opens its third phase on August 31, 2026, adding Neuralink and Anduril to its asset lineup. The first two phases have seen successful exits via listings and buybacks, validating the platform’s closed-loop model. This phase targets AI’s expansion into the physical world, with Neuralink focusing on brain-computer interfaces and Anduril on AI-driven defense.
TREE NEWS reports: Bitcoin faces a key test at $80,000 as markets await Fed Chair Kevin Warsh’s first Jackson Hole keynote on Friday. Futures now price a 36% chance of a September rate cut, which could influence risk assets like crypto.
TREE NEWS reports: Germany has expanded its lead in EU MiCA authorizations, now hosting 79 crypto asset service providers, ahead of France and the Netherlands. The latest update to the EU register added six banks, solidifying Germany’s position as the top jurisdiction for crypto firms under the MiCA framework.
TREE NEWS reports: Blockchain security firm Specter reported that more than $40 million in cryptocurrency was stolen across three separate incidents last week. The attacks highlight ongoing security vulnerabilities in the crypto ecosystem.
TREE NEWS update: Pinduoduo shares dropped 5% in pre-market trading, reflecting investor concerns. The decline comes amid broader market volatility and regulatory scrutiny of Chinese tech firms. No official statement has been released by the company.
TREE NEWS reports: Bitcoin has surged past the $78,000 mark, signaling strong bullish momentum in the cryptocurrency market. This price movement reflects growing investor confidence and market activity.
TREE NEWS update: Data shows that if Ethereum’s price falls to $2,353, the cumulative long liquidation intensity on major centralized exchanges could reach $1.096 billion. This highlights the potential for significant market volatility and cascading liquidations in the crypto market.
TREE NEWS reports: Circle’s stock has rebounded about 50% from its August low, climbing back to around $87, as Bitcoin surged over 20% in the past week. Cathie Wood tweeted that Circle will be a major beneficiary as tech disrupts the traditional world order, fueling market optimism. The rebound comes despite concerns over the OpenUSD stablecoin alliance, which had previously caused a 17% drop.
TREE NEWS update: Shanghai has issued a new industrialization plan that includes exploring innovative architectures such as quantum artificial intelligence. The plan aims to advance the city’s technological and industrial development.
TREE NEWS reports: Glassnode reports that 85% of altcoin funding rates are above their historical average, indicating a shift to an optimistic market state. The data suggests increased speculative interest and leverage in the crypto market.
TREE NEWS reports: A Fidelity fund manager has doubled his gold holdings, signaling a bet against the Federal Reserve’s credibility and the dollar’s global status. This move reflects growing concerns about inflation and macroeconomic stability, which could have implications for crypto and RWA markets as investors seek alternative stores of value.
TREE NEWS update: Joe Tsai and Eddie Wu, chairman and CEO of Alibaba, respectively purchased approximately HK$80 million and HK$40 million worth of Alibaba shares. The purchases signal confidence in the company’s prospects amid market volatility.
TREE NEWS update: Yangtze Memory Technologies’ parent company plans to raise up to 33 billion yuan ($4.6 billion) in a Shanghai STAR Market IPO. The listing would mark one of the largest chip-related IPOs in China, boosting domestic memory chip production amid US export controls.
TREE NEWS reports: HyperEVM, the Ethereum Virtual Machine compatible layer on Hyperliquid, achieved its highest single-day transaction fee revenue in history. The milestone underscores the growing activity and demand for the Hyperliquid ecosystem’s L1 capabilities.
TREE NEWS update: Gate.io reported a net inflow of $208 million in reserve assets over the past week, positioning it as the second-largest exchange by this metric. This reflects growing user trust and robust asset backing amid competitive market conditions.
TREE NEWS update: Ray Dalio warns that US fiscal imbalance is at a critical juncture, with debt crisis likely within three years if unaddressed. He recommends allocating 10-15% to gold and a small amount to bitcoin as non-government-issued assets to hedge against currency debasement.
TREE NEWS update: Robinhood CEO expressed strong enthusiasm for cryptocurrency and maintained a long-term optimistic outlook on Bitcoin. The comments come amid ongoing regulatory and market developments in the digital asset space.