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 update: Citi is introducing Custody+, a new service that enables institutional investors to hold Bitcoin alongside other assets on a single platform. This move marks a significant step by a major bank into cryptocurrency custody.
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 update: Following PURR’s inclusion in the Russell 3000 and Russell 2000 indices, major hedge funds and family offices like Duquesne and Renaissance Technologies have disclosed significant holdings in the Hyperliquid treasury company, indirectly increasing their exposure to HYPE tokens. This marks a growing trend of traditional financial institutions entering the Hyperliquid ecosystem.
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.
TREE NEWS reports: A Bank of America survey indicates that investor confidence in US stocks has strengthened. The findings suggest growing optimism among investors, potentially impacting market dynamics.
TREE NEWS reports: Chinese humanoid robot developer LimX Dynamics is reportedly planning a Hong Kong IPO to raise up to $300 million. The company focuses on advanced robotics and AI, with no direct link to RWA or crypto.
TREE NEWS reports: Swedish electric trucking company Einride has announced plans to deploy 500 Tesla Semi trucks, marking a significant expansion of its fleet. The move underscores the growing adoption of electric vehicles in logistics and highlights Tesla’s progress in the heavy-duty truck market.
TREE NEWS reports: Xiaomi reported Q2 revenue of 108.9 billion yuan, down 6.1% year-over-year, with adjusted net profit of 6.2 billion yuan. The company’s electric vehicle deliveries surged 28.2% year-over-year, highlighting growth in its automotive segment.
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