Flash News

TREE NEWS update: IREN’s AI cloud revenue surpassed Bitcoin mining revenue for the first time, but the company’s shares declined as costs for converting data centers to AI services increased. The shift highlights the growing convergence of crypto mining and AI infrastructure.

TREE NEWS reports: Elon Musk is reportedly considering a donation of at least $100 million to Republican causes, and House Speaker Mike Johnson plans to meet with him. This political news has no direct connection to RWA tokenization or crypto markets.

TREE NEWS update: Bitwise’s Solana ETF (BSOL) became the first Solana ETF to surpass $1 billion in assets, driven by $138 million of inflows over 10 days. BSOL captured nearly 80% of cumulative flows among six tracked products, signaling strong institutional demand for Solana exposure.

TREE NEWS update: Bitcoin’s rebound to $80,000 lifts crypto stocks as Circle, Strategy, and Solana show how capital markets, stablecoins, and onchain growth drive crypto’s recovery. The article highlights the convergence of traditional finance and crypto through stablecoin and capital market activities.

TREE NEWS update: Eric Balchunas reports that the Bitwise Solana ETF has surpassed $1 billion in assets under management, marking a significant milestone for Solana-based investment products. This growth reflects increasing institutional interest in crypto ETFs beyond Bitcoin and Ethereum.

TREE NEWS update: US spot Ether ETFs recorded a net inflow of $225.8 million in a single day, the highest in ten months, signaling renewed institutional interest in crypto assets. This surge follows a broader market recovery and positive regulatory sentiment toward digital assets.

TREE NEWS update: Ethereum ETFs saw $226 million in inflows on Thursday, their strongest day in 10 months, contributing to a nine-day streak totaling $1.4 billion. This nearly matches Bitcoin’s daily haul, signaling growing institutional interest in Ethereum.

TREE NEWS reports: US major stock indices were mixed in recent trading, with the Nasdaq falling 0.09% while other indices showed slight gains or losses. This reflects cautious sentiment among investors amid ongoing market fluctuations.

TREE NEWS update: NVIDIA reported record quarterly revenue of $96.2B, up 106% YoY, driven by data center demand, with Q3 guidance of $108B beating estimates. However, gross margin is set to decline from 75% to 74% in Q3 and 71-72% in Q4 due to rising memory costs, prompting investor focus on margin trajectory.

TREE NEWS reports: Bernstein analysts suggest that IREN’s ambitious $25-30 billion AI expansion plan could raise investor concerns. The report highlights potential risks associated with the large-scale investment.

TREE NEWS update: SoftBank is reportedly in talks to refinance a $10 billion loan to increase its investment in OpenAI, signaling deeper ties between the tech giant and the AI leader. The move underscores SoftBank’s aggressive push into AI infrastructure and could have implications for the broader tech and crypto markets.

TREE NEWS reports: At this year’s Jackson Hole symposium, Fed Chair Kevin Warsh will deliver his first major policy speech amid rising long-term Treasury yields and persistent inflation. Markets will focus on his inflation tolerance and stance on long-end rates, especially as the Treasury expands long-duration buybacks and AI giants like Alphabet, Amazon, and Meta issue record debt, making capital competition a key theme for equity valuations.

TREE NEWS update: Indian telecom giant Jio Platforms has received regulatory approval, paving the way for its IPO. This marks a significant step for the company’s public listing plans.

TREE NEWS reports: Bybit has introduced perpetual options, a first in the industry, offering stock perpetual options with SpaceX and NVIDIA as initial listings. This innovative product allows traders to gain exposure to traditional equities via crypto derivatives.

TREE NEWS update: Stripe and Advent International have scrapped their plan to acquire PayPal for over $50 billion. The deal, which would have been one of the largest in fintech, has been terminated, though no specific reason was disclosed.

TREE NEWS update: Gate’s stock derivatives section has launched pre-market trading for SHEINUSDT perpetual contracts, allowing traders to speculate on SHEIN’s stock price before its IPO. This move expands Gate’s offerings in pre-IPO derivatives, targeting crypto traders interested in traditional equity exposure.

TREE NEWS reports: Charles Schwab will offer trading in Solana, Avalanche, and Chainlink to its nearly 40 million brokerage accounts in the coming months, marking its first token additions since launching with bitcoin and ether. This expansion broadens retail access to major altcoins through a traditional brokerage platform.

TREE NEWS update: ChangXin Technology (长鑫科技) reported first-half revenue of 150.31 billion yuan, a year-on-year increase of 873.64%, driven by strong demand in the semiconductor market. The company’s impressive growth underscores its expanding footprint in the memory chip industry.

TREE NEWS update: Meituan reported Q2 revenue of 104.64 billion yuan, a 14.4% increase year-over-year. The company’s performance reflects steady growth in its core businesses.

TREE NEWS update: As NVIDIA’s earnings settle, markets turn to Fed Chair Kevin Warsh’s Jackson Hole speech. The key concern isn’t hawkish vs. dovish but the Fed’s unpredictable reaction function, with Warsh likely to focus on AI, productivity, and long-term frameworks rather than signaling September action. Goldman expects him to reaffirm the 2% PCE target without pre-committing, while the Treasury’s long-end buybacks may offer temporary relief but won’t solve structural supply issues.