Flash News

TREE NEWS update: Former US President Trump suggested the possibility of continuing to block the Strait of Hormuz, a critical oil shipping lane. This geopolitical move could impact global oil prices and market stability, with potential ripple effects on crypto and risk assets.

TREE NEWS reports: OpenAI’s CFO announced that the company plans to go public by 2027 or earlier. This marks a significant milestone for the AI firm as it transitions towards a more traditional corporate structure.

TREE NEWS update: Prediction market platform Kalshi has filed to launch a perpetual copper futures contract, utilizing Pyth Network price feeds with no expiration date. This marks another step into commodity derivatives for the crypto-native platform.

TREE NEWS update: The US has reportedly opened a covert maritime route through the Strait of Hormuz, facilitating the daily export of approximately 10 million barrels of oil. This move could significantly impact global oil markets and geopolitical dynamics in the region.

TREE NEWS reports: According to ChainCatcher, President Trump and the SEC chair are actively working to bring Hyperliquid, a crypto trading platform, into the United States. This move signals potential regulatory approval and expansion for the platform in the US market.

TREE NEWS update: Kalshi, a prediction market operator, is seeking CFTC approval to launch copper perpetual futures, marking its expansion into traditional derivatives. This move signals a broader push beyond its core prediction market business.

TREE NEWS update: Bitcoin shortsellers faced massive liquidations totaling $1.7 billion as the price surged on Wednesday. The move wiped out leveraged bearish positions, highlighting the volatility and sudden bullish momentum in the crypto market.

TREE NEWS reports: Market sources indicate that SpaceX made an attempt to acquire an AI startup, though details remain scarce. The move highlights growing interest from major corporations in AI technology, but its direct relevance to crypto or RWA tokenization is minimal.

TREE NEWS update: Alpha Compute reported gaming business revenue of $1.57 million for July, indicating steady performance in its gaming segment. The figure highlights the company’s ongoing operations in the crypto-mining and AI compute space.

TREE NEWS update: Crypto super PAC Fairshake achieved victories in several primary elections but lost a costly $2 million race in Florida. A spokesperson indicated the PAC is ‘just getting started’ with expenditures to elect crypto-friendly lawmakers to Congress.

TREE NEWS update: Fractile, an AI chip startup, has sold $250 million worth of chips to Anthropic. This deal highlights the growing demand for specialized AI hardware and the strategic partnerships forming in the AI sector.

TREE NEWS reports: Bhutan transferred 300 bitcoins, valued at approximately $19.3 million, to a new address. The move is part of the country’s ongoing management of its crypto holdings.

TREE NEWS update: The Fed’s meeting minutes revealed no support for rate cuts, marking a shift from earlier expectations. Persistent inflation, partly due to geopolitical tensions affecting oil shipping, and mixed economic data leave officials divided. Markets now expect rates to remain unchanged at the September meeting.

TREE NEWS reports: Federal Reserve meeting minutes reveal that Chair Warsh proposed reducing the number of FOMC policy meetings from 8 to 6 per year, arguing it would allow more information accumulation and time for strategic thinking. Members were consulted, but no change will be made this year. If adopted, this would mark a major shift in the Fed’s operational approach.

TREE NEWS update: Federal Reserve meeting minutes revealed that several officials favored raising rates last month, with many saying further tightening might be necessary if inflation does not decline. The FOMC voted 9-3 to hold rates at 3.5%-3.75%, while some regional presidents indicated they would have supported a hike.

TREE NEWS reports: The Federal Reserve’s meeting minutes revealed that several officials believe financial markets are already helping to tighten policy. This suggests that market conditions may be contributing to the Fed’s efforts to curb inflation.

TREE NEWS reports: Cantor Fitzgerald has introduced institutional block trading for Kalshi event contracts, acting as an introducing broker for privately negotiated prediction-market trades. Susquehanna Predictions will provide pricing and liquidity, marking a significant step in bringing traditional finance expertise to prediction markets.

TREE NEWS reports: Code in TikTok’s US iPhone app suggests the platform is exploring peer-to-peer payments in direct messages, potentially routed through TikTok Pay. A spokesperson reportedly said the feature is not currently in testing anywhere, but the move signals TikTok’s continued expansion into fintech.