Flash News

TREE NEWS reports: Visa is exploring new settlement and over-the-counter partners with crypto exchange licenses across four countries, following Mastercard’s acquisition of BVNK, a payments firm Visa had been working with. The move highlights the growing competition in stablecoin settlement infrastructure.

TREE NEWS update: A political action committee funded by Ripple and Coinbase has spent $2 million in a Florida congressional race, with little mention of crypto in its ads. The expenditure follows a Republican incumbent’s vote against crypto-related bills and his endorsement of a Democratic candidate.

TREE NEWS reports: Bankrupt Spirit Airlines has agreed to sell its internal communications and business records to Google for $10 million, which the tech giant will use to train its AI models. The deal highlights the growing market for proprietary data in AI development.

TREE NEWS reports: CASHCAT, a token listed on Robinhood, has fallen approximately 30% since its debut, causing significant losses for traders. One notable trader, 0x4B1, is holding a floating loss of $412,000 and has not yet sold their position.

TREE NEWS update: Tokyo-based Metaplanet plans to merge with Nasdaq-listed Super League Enterprise, gaining a US listing while leveraging its existing 2,100 BTC holdings rather than buying more. The deal aims to broaden access to US capital markets and advance its Bitcoin treasury strategy.

TREE NEWS reports: The Royal Bank of Canada has increased its holdings in Strategy (formerly MicroStrategy) by 46,000 shares, valued at approximately $4.45 million. This move reflects growing institutional interest in the crypto-linked company.

TREE NEWS update: Bitcoin climbed back to $65,000 for the first time in a week amid fresh volatility, while US equities rebounded from two-week lows after US claims that the Strait of Hormuz was open and operating. The moves reflect easing geopolitical tensions in the Middle East.

TREE NEWS reports: Tokyo-listed Metaplanet will acquire 2,100 BTC ($132M) and seed gaming media firm Super League, renamed Superplanet (SUPA), to expand into the US. The deal marks a significant corporate bitcoin treasury move, signaling growing institutional adoption.

TREE NEWS update: Ripple’s subsidiary Ripple Prime has completed a $275 million private placement of senior unsecured notes, rated BBB by KBRA. Proceeds will fund working capital and US expansion, supporting growth in multi-asset clearing, financing, and prime brokerage services.

TREE NEWS reports: HPC and tradeXYZ have submitted a comment letter to the U.S. SEC regarding pre-IPO perpetual contracts. The letter outlines their stance on regulatory aspects of such financial instruments, potentially impacting future crypto derivatives.

TREE NEWS reports: US stock market showed mixed performance as the Dow Jones Industrial Average turned positive while the S&P 500 and Nasdaq fell. This reflects ongoing volatility in equities amid macroeconomic uncertainties.

TREE NEWS reports: S&P Global Ratings has affirmed Nvidia’s ‘AA’ credit rating, reflecting its strong market position and financial health. The rating action underscores Nvidia’s robust cash flows and growth prospects in AI and accelerated computing.

TREE NEWS update: Baidu’s stock price plummeted 10%, marking its largest single-day decline since June. The sharp drop reflects growing investor concerns over the company’s outlook amid competitive pressures in the AI and search markets.

TREE NEWS update: US stocks opened broadly lower on the day, with most tech shares declining. This reflects a risk-off sentiment in the market, though the specific drivers are not detailed.

TREE NEWS reports: Yu Shu (Yu Shu) reports that Unitree will be listed tomorrow, with Hyperliquid’s pre-market contract price implying a market cap of 276.4 billion RMB. This marks a significant event in the crypto and robotics sectors.

TREE NEWS update: Metaplanet plans to invest 2,100 BTC to acquire Super League, aiming to build Superplanet, a US-based Bitcoin treasury platform. The move underscores the growing trend of Bitcoin as a corporate treasury asset and expands Metaplanet’s footprint in the US market.

TREE NEWS update: Baidu’s US-listed shares dropped 7.5% in pre-market trading, reflecting investor concerns. The decline comes amid broader market volatility and regulatory pressures on Chinese tech firms.