Flash News

TREE NEWS update: Binance will temporarily suspend US stock trading on August 22 for a system upgrade. The exchange has not specified the duration of the pause, but it is expected to resume shortly after.

TREE NEWS reports: US Treasury Secretary Scott Bessent, known for his hedge fund past, is aggressively intervening in markets to suppress long-term borrowing costs, including doubling buybacks of 10-30 year Treasuries and coordinating yen intervention with Japan. Critics argue these actions violate Treasury principles and fail to address structural fiscal issues.

TREE NEWS reports: Samsung Electronics shares jumped as much as 10% after the company announced it will unveil a shareholder return program. The move reflects a broader trend of South Korean conglomerates boosting shareholder value. This news is not related to crypto or RWA tokenization.

TREE NEWS update: Chinese investor Duan Yongping revealed he sold put options on Micron Technology and was assigned shares. This highlights his bullish stance on the memory chip maker amid strong demand for AI-related chips.

TREE NEWS update: Marvell Technology announced a collaboration with Google to develop custom AI chips, issuing $12.2 billion in warrants to Google as part of the deal. This move strengthens Marvell’s position in the AI hardware market, though it is not directly related to RWA tokenization.

TREE NEWS reports: Payment giant Stripe has announced an acquisition agreement with AI company OpenRouter. The financial terms of the deal were not disclosed. This move signals Stripe’s expansion into AI-related services.

TREE NEWS update: Winbond Electronics has decided to advance the expansion of its Kaohsiung Luzhu fab, with Module B construction now scheduled for 2027. The move is part of the company’s strategic capacity enhancement in response to market demand.

TREE NEWS update: Galaxy Research’s head notes that retail buying of IBIT, BlackRock’s spot Bitcoin ETF, has reached its highest level in two years. This surge indicates growing retail interest in Bitcoin exposure through regulated ETFs, despite market volatility.

TREE NEWS reports: Coinbase CEO Brian Armstrong expressed optimism about the CLARITY Act being passed on September 15, which he believes will trigger a new bull market. He made these comments in anticipation of clearer crypto regulations in the US.

TREE NEWS update: President Trump stated that AI could be ‘bigger than the internet’ and defended rapid construction of data centers and power plants, asserting U.S. leadership over China. He advocated for a light-touch regulatory approach to foster innovation.

TREE NEWS reports: Moderna’s stock price soared 177% to a record high, driven by positive news or market momentum. The surge highlights strong investor interest in the biotech sector.

TREE NEWS update: The three major US stock indices posted slight gains in a quiet session. The move reflects cautious optimism among investors amid mixed economic signals.

TREE NEWS reports: Crypto-related stocks rallied sharply as Bitcoin’s short squeeze pushed prices toward $70,000, with Strategy (formerly MicroStrategy) surging 12% and Coinbase climbing 9%. The move highlights the strong correlation between digital asset prices and equity valuations of crypto-exposed companies.

TREE NEWS reports: OpenAI’s CFO announced that the company plans to go public by 2027 or earlier. This marks a significant milestone for the AI firm as it transitions towards a more traditional corporate structure.

TREE NEWS update: Kalshi, a prediction market operator, is seeking CFTC approval to launch copper perpetual futures, marking its expansion into traditional derivatives. This move signals a broader push beyond its core prediction market business.

TREE NEWS update: Fractile, an AI chip startup, has sold $250 million worth of chips to Anthropic. This deal highlights the growing demand for specialized AI hardware and the strategic partnerships forming in the AI sector.

TREE NEWS reports: Cantor Fitzgerald has introduced institutional block trading for Kalshi event contracts, acting as an introducing broker for privately negotiated prediction-market trades. Susquehanna Predictions will provide pricing and liquidity, marking a significant step in bringing traditional finance expertise to prediction markets.

TREE NEWS update: Kalshi, a regulated exchange, has filed with the CFTC to offer perpetual futures on a 500-stock US index and spot copper, marking its first equity-linked products. The filing comes three months after regulators approved the country’s first bitcoin perpetual futures, signaling a broader trend of crypto-style derivatives entering traditional markets.

TREE NEWS reports: Nvidia is in discussions to invest in Mercor, an AI data labeling service provider, as part of a funding round valuing the company at $20 billion. Existing investor General Catalyst is reportedly leading the round. Mercor’s revenue from Nvidia has grown as the chipmaker prioritizes its open-source Nemotron models.