Flash News

TREE NEWS reports: DJT dropped 21.1% over the past 24 hours and 5.5% in the last hour, trading at 4.688 USDT, market data showed. The token’s steep decline came within a single trading day, with the one-hour move accounting for a sharp slice of the 24-hour loss.

TREE NEWS update: European Central Bank Governing Council member and Bank of France Governor Moulin expressed doubt over the French government’s intention to raise the ceiling on regulated savings. Moulin, who also heads the French central bank, voiced skepticism about the plan. No further details were provided.

TREE NEWS update: European Central Bank Governing Council member and Bank of France Governor Moulin said the banking sector can cope with rising interest rates. The remark addresses lenders’ resilience as borrowing costs climb. Moulin sits on the ECB body that sets euro-area monetary policy.

TREE NEWS reports: The Dow Jones Industrial Average extended its gain to 3% on the day, while the S&P 500 was up 1.85% and the Nasdaq Composite rose 1.97%. The move marked a broad rally across all three major US equity benchmarks.

TREE NEWS reports: The official Trump token and World Liberty Financial token were the two biggest decliners among the top 100 cryptocurrencies on Wednesday, after Democrats swept the US midterms. The drop came even as Bitcoin and Ether rallied. No further figures were disclosed.

TREE NEWS reports: Roughly $215 million worth of bitcoin short positions were liquidated within a one-hour window, triggering a short squeeze. The liquidation event forced bearish traders to close positions as bitcoin’s price moved against them. No further details on price levels or total market impact were disclosed.

TREE NEWS update: AI inference startup FAl has raised $1.3 billion in a funding round led by existing investor Bessemer Venture Partners, doubling its valuation to $16 billion. The deal marks one of the largest private financings for an AI infrastructure company and underscores continued investor appetite for AI compute and model-serving platforms.

TREE NEWS reports: House Financial Services Committee Chair French Hill’s race for reelection remained too close to call as of Wednesday afternoon, with control of the House flipping and altering the direction of crypto legislation. Hill, a key Republican voice on digital-asset policy, had not yet been declared the winner in his district.

TREE NEWS reports: The onshore yuan closed at 6.6755 per dollar at 03:00 Beijing time, down 37 pips from Tuesday’s overnight close. Trading volume for the session totaled $94.679 billion.

TREE NEWS reports: The Hang Seng Index main futures contract closed up 2.1% at 24,425 in overnight trading. The Hang Seng Tech Index futures contract closed up 2.56% at 4,040 in the same session. The figures reflect overnight futures moves, with no further details disclosed.

TREE NEWS update: A helicopter carrying three people crashed in Biscayne Bay near Miami on November 4, officials said. Authorities have not yet provided information on the condition of those on board or other details of the incident. The cause of the crash was not immediately disclosed.

TREE NEWS update: Poland’s Monetary Policy Council backed central bank governor Adam Glapinski as lawmakers prepare to vote on a motion to suspend him over alleged political interference before the 2023 election. Glapinski denies the allegations. The MPC said attempts to remove the governor are “unprecedented” and undermine the central bank’s independence.

TREE NEWS update: US Treasury Secretary Scott Bessent said parties are either with Washington or against it under the “economic banishment” campaign, warning that the US will sanction any entity that continues to support the Iranian regime, whether via land, sea or air routes. Bessent said the US tracks all parties’ movements and will act against those sustaining that support.

TREE NEWS update: European Central Bank Governing Council member Martins Kazaks said interest rate hikes would be necessary if inflation risks in the euro area spread, adding that any tightening would likely be a gradual process. The remarks, made in an interview with Latvian TV, signal the ECB remains open to further increases should price pressures broaden.

TREE NEWS reports: Riot Platforms shares surged after the bitcoin miner disclosed a $28 billion AI lease, funding the expansion in part by selling BTC. Hut 8 shares fell after the company reported declining revenue and rising costs, ahead of income from its major data center leases. Both are bitcoin miners pivoting toward AI and high-performance computing.

TREE NEWS update: Lightning Labs released LND v0.20.7-beta and v0.21.6-beta, which disable Multipath TCP by default to mitigate a critical Linux vulnerability. The updates reduce exposure, but node operators still need a patched kernel to fix the underlying flaw. The release covers Lightning Network node software maintained by Lightning Labs.

TREE NEWS reports: A transfer of 2,878 bitcoin, valued at roughly $231.9 million, moved from one unknown wallet to another. Both the sending and receiving addresses remain unidentified, and no link to a known exchange, custodian or institution was disclosed. The transaction is one of the larger single bitcoin transfers recorded between unlabeled wallets.

TREE NEWS reports: Voters in at least 29 US communities have backed measures to restrict data centers, creating new obstacles for the infrastructure that powers AI. Ballots centered on electricity bills, water supplies and public oversight, with the debate now focused on how much control residents should have over large-scale computing facilities.

TREE NEWS update: Kraft Heinz Co. is divesting its North American coffee business, including Maxwell House and Yuban, to private equity firm One Rock Capital Partners, LLC at an enterprise value of $650 million. The company will retain a 30% non-controlling stake in the coffee unit and use the net cash proceeds to pay down debt. Kraft Heinz said the move simplifies and strengthens its brand portfolio, concentrating resources on its highest-growth brands.