Flash News

TREE NEWS update: Apple is facing a £2 billion ($2.7 billion) class action lawsuit filed by app developers, who allege the company abused its market dominance by imposing stricter App Tracking Transparency (ATT) rules on third-party apps to favor its own advertising business. The lawsuit, reported by Reuters, comes ahead of Apple’s new product launch. Developers claim the restrictions caused significant losses for businesses relying on Apple’s platform.

TREE NEWS reports: A whale known as “先定10个大目标” said on X on September 4 that Bitcoin has firmly held $80,000 and is aiming for $100,000, calling it the “last chance to get on board.” The statement comes as BTC trades near recent highs, with the whale urging investors to act before the next leg up.

TREE NEWS update: Sony has dismissed a $508 million claim from PS5 buyers seeking refunds over tariffs, calling it ‘illogical.’ The company raised PlayStation prices for a second time in March, five weeks after the tariffs were struck down, complicating the legal dispute.

TREE NEWS reports: A whale known as ‘Set 10 Big Goals’ said on X that Bitcoin has firmly held $80,000 and is aiming for $100,000, calling it the ‘last chance to get in.’ The whale’s chart showed crypto-related stocks and ETFs like IBIT, CRCL, and MSTR trading sharply higher today.

TREE NEWS update: HypeStrat disclosed it purchased 800,000 HYPE tokens for $66.939 million, while its cash balance increased by $59.1 million. The firm made the statement in a recent update, detailing the transaction and its liquidity position.

TREE NEWS reports: The USD/CAD pair fell 0.5% intraday to 1.3772, reflecting a weaker dollar against the Canadian dollar. The move comes as market participants assess economic data and oil price fluctuations, which often influence the loonie. Traders now watch for further cues from central bank policies.

TREE NEWS reports: Yi Lihua, founder of Liquid Capital, said on X that Bitcoin rebounded from support at $76,300, and after the pullback, it continues to rise. He sees resistance still near $86,000, and if it fails to break above strongly, a pullback opportunity may be considered. He believes the bull market trend has already started.

TREE NEWS update: China expressed regret that the G20 finance ministers and central bank governors meeting, which concluded September 1 in Asheville, US, failed to produce a joint communique. A source close to negotiations said the US, as host, undermined multilateral agenda and damaged Sino-US cooperation atmosphere.

TREE NEWS update: NVIDIA announced that RTX Spark Windows personal computers will hit the market in October. The new systems integrate RTX GPUs to deliver enhanced AI and graphics performance for consumers.

TREE NEWS update: Diameter Pay, a stablecoin payment infrastructure startup, has raised $10 million in a Series A funding round co-led by CMT Digital and Lightspeed Faction, with participation from SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital, and BitRock Capital. This marks the company’s first funding round since its inception.

TREE NEWS reports: Humain, an AI company backed by Saudi Arabia’s PIF, plans to raise $2.5 billion for its first fund dedicated to data center investments. The fund will finance 250 MW of data center capacity built with Al Moammar Information Systems, potentially expanding to 1 GW. The move supports growing AI computing demand in the region.

TREE NEWS update: Russian Foreign Minister Sergei Lavrov said on September 3 that Russia will close several German Goethe Institutes in response to Germany’s decision to close the Russian House in Berlin and the Russian consulate in Bonn. Germany’s foreign minister expressed regret over the move. The decision follows a German claim that a Russian drone crashed in Leipzig.

TREE NEWS update: Payward, parent of crypto exchange Kraken, has partnered with financial services firm SoFi to list SoFiUSD on Kraken and connect Payward to SoFi’s 24/7 dollar settlement network. The deal also gives SoFi access to digital asset liquidity via Kraken Prime.

TREE NEWS update: Blue Origin and SpaceX have canceled their plans to attend the French space summit. The decision was announced without further details, marking a notable absence from the event.

TREE NEWS reports: Freddie Mac reported that the average rate on a 30-year fixed-rate mortgage in the US rose to 6.71% for the week, up from 6.66% the previous week, marking the highest level since July 2025. The increase reflects ongoing upward pressure on borrowing costs amid persistent inflation and expectations of tighter monetary policy.

TREE NEWS reports: Yen’s sharp appreciation has weakened the dollar, lifting bitcoin and gold together, breaking the traditional risk-off link. Bitcoin trades at $78,535.67, benefiting from dollar weakness and looser financial conditions. However, analysts warn that a disorderly yen surge could trigger massive unwinding of yen carry trades, pressuring risk assets.

TREE NEWS reports: UK 10-year gilt yields dropped 9.5 basis points on Thursday, hitting a fresh daily low of 5.135% in late European trade. Two-year yields fell 9.6 bps to 4.519%, while 30-year and 50-year yields declined 8.3 and 8.1 bps respectively. The 2/10-year spread was little changed at +61.463 bps.

TREE NEWS update: Pudgy Penguins has launched on Faire, a wholesale marketplace where retailers can bulk-order its products at wholesale prices. Faire will offer free shipping on Pudgy Penguins items to all approved retailers for the next 30 days.

TREE NEWS reports: US imports of refined copper and alloys surged to 225,094 metric tons in July, the highest monthly level since records began in 1990. The figure marks a 78% jump month-over-month and an 8% rise year-over-year, driven by traders rushing shipments ahead of potential US tariffs.