TREE NEWS reports: CME Group launched a new 10-asset crypto index that excludes Bitcoin and Ether, focusing on emerging alternatives. The free-float market-cap weighted index offers real-time pricing and settlement variants across London, New York, and Asia-Pacific time zones.
TREE NEWS reports: Dragoneer Investment Group has raised $1 billion to invest in high-profile private assets such as OpenAI and SpaceX. The fund targets late-stage tech and AI companies, reflecting strong investor appetite for marquee growth names.
TREE NEWS reports: US stocks opened lower with the Dow Jones Industrial Average falling 0.39%. The decline reflects ongoing market uncertainty amid macroeconomic concerns.
TREE NEWS reports: Japanese Bitcoin treasury company Metaplanet transferred 4,800 BTC (worth $377M) to Coinbase Prime, part of a larger 10,270 BTC move this week, representing over 29% of its holdings. The transfer may signal a sale or collateral use, sparking market speculation.
TREE NEWS update: Data shows listed companies’ net weekly Bitcoin purchases surged 529.6% WoW, with Strategy (formerly MicroStrategy) resuming accumulation after a nine-week pause. This signals renewed institutional demand for Bitcoin as a treasury asset.
TREE NEWS reports: Yorkville, the manager behind the Truth Social ETF, plans to launch over ten new ETFs focusing on themes such as digital economy and macro strategies. This move indicates growing institutional interest in crypto-related investment products.
TREE NEWS update: Nvidia plans to invest $3.5 billion in MediaTek to deepen their partnership in AI chip development. The deal underscores Nvidia’s strategy to expand beyond GPUs into system-on-chip designs for edge and automotive applications. Financial details remain subject to regulatory approval.
TREE NEWS update: Strategy, formerly MicroStrategy, has resumed its Bitcoin purchases, acquiring $370M worth, its first since June. The company continues to bolster cash reserves and buy back its perpetual STRC preferred stock.
TREE NEWS reports: Strategy (formerly MicroStrategy) acquired 4,603 BTC for about $370 million at an average price of $80,318 per coin, marking its first purchase since June. The purchase price is roughly 29% above the average price at which the company sold Bitcoin during the summer.
TREE NEWS reports: Fomo has entered the top five finance apps in the US, surpassing Cash App and Kalshi. The app’s rise highlights growing interest in crypto-based financial platforms.
TREE NEWS reports: MSX has launched the third phase of its Pre-IPO offering, allowing investors to subscribe to shares of Neuralink and Anduril. This move provides access to high-profile private companies through MSX’s platform.
TREE NEWS reports: JPMorgan is reportedly expanding its retail banking crypto asset team, signaling increased focus on digital assets within its consumer operations. The move underscores traditional finance’s growing engagement with cryptocurrencies.
TREE NEWS reports: Samsung Electronics is projected to achieve an operating profit exceeding 100 trillion Korean won in the third quarter, marking a historic first. This milestone highlights the company’s robust performance in memory chips and smartphone sales, despite global economic uncertainties.
TREE NEWS reports: US strikes on Iran’s Larak Island and Iran’s missile retaliation on a US base in Jordan have disrupted the Strait of Hormuz, sending Brent crude above $90.5 and WTI above $85.5. This has reignited inflation fears, raising the implied probability of a Fed rate hike in September to 57%, causing global stock markets to tumble as Treasury yields rise.
TREE NEWS update: SpaceX joined the Nasdaq 100 via a new fast-track rule, but the S&P 500 committee rejected any fast-track, requiring four consecutive quarters of positive GAAP net income. This highlights differing index methodologies and the impact of index inclusions on stock prices.
TREE NEWS reports: MiniMax’s stock price has surged over 92% from its recent low, pushing its total market capitalization to HK$124.956 billion. The sharp rally reflects strong investor interest in the AI company.
TREE NEWS reports: Trading in Korean semiconductor stocks is active on Gate, with SK Hynix and Samsung Electronics ranking second in holdings. The news highlights investor interest in the semiconductor sector amid broader market movements.
TREE NEWS reports: BYD reported a 30% year-on-year increase in second-quarter net profit, marking the first growth in five quarters. The automaker’s improved earnings reflect robust sales and cost management amid intensifying competition in China’s EV market.
TREE NEWS update: Data shows that XRP spot ETFs recorded net inflows of $110 million last week, indicating growing institutional interest in the digital asset. This surge follows the recent approval of XRP ETFs, marking a significant milestone for crypto adoption.
TREE NEWS reports: SemiAnalysis reports that Samsung currently possesses the best HBM4 technology, giving it a competitive edge. SK Hynix and Micron are now facing significant challenges in the high-bandwidth memory market.
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