Flash News

TREE NEWS reports: Ireland has excluded crypto assets from its new tax-advantaged state savings scheme, which targets €203 billion in deposits. The scheme, opening next year, will only include shares, bonds, funds, ETFs, and insurance products, signaling a cautious regulatory stance toward digital assets.

TREE NEWS update: Bitcoin is approaching its August monthly close below key resistance levels. Markets are once again pricing in a potential Federal Reserve interest-rate hike in September, which could impact crypto sentiment.

TREE NEWS reports: Samsung Electronics is projected to achieve an operating profit exceeding 100 trillion Korean won in the third quarter, marking a historic first. This milestone highlights the company’s robust performance in memory chips and smartphone sales, despite global economic uncertainties.

TREE NEWS reports: US strikes on Iran’s Larak Island and Iran’s missile retaliation on a US base in Jordan have disrupted the Strait of Hormuz, sending Brent crude above $90.5 and WTI above $85.5. This has reignited inflation fears, raising the implied probability of a Fed rate hike in September to 57%, causing global stock markets to tumble as Treasury yields rise.

TREE NEWS update: The US government is selling Anthropic shares owned by two key allies of Sam Bankman-Fried, potentially worth billions of dollars. This move follows the conviction of SBF and aims to recover assets linked to the FTX fraud.

TREE NEWS update: China’s Ministry of Commerce has called for expanding the application of brain-computer interfaces and artificial intelligence in products designed for the elderly. This move aims to enhance the quality of life for senior citizens through technological innovation. The initiative is part of broader efforts to promote age-friendly technologies.

TREE NEWS reports: Bitcoin maintains support around $78,000 while the Japanese yen weakens past the 160 level against the dollar. Persistent dollar strength continues to weigh on the cryptocurrency market, keeping risk assets under pressure.

TREE NEWS update: SpaceX joined the Nasdaq 100 via a new fast-track rule, but the S&P 500 committee rejected any fast-track, requiring four consecutive quarters of positive GAAP net income. This highlights differing index methodologies and the impact of index inclusions on stock prices.

TREE NEWS update: Bank of England Governor Andrew Bailey warned that AI could pose systemic risks to the financial system, potentially triggering a financial crisis. He emphasized the need for robust regulatory oversight to mitigate these risks.

TREE NEWS reports: The offshore yuan strengthened as USD/CNH dropped to 6.72, down 0.2% from the previous close, according to Gate data. This reflects ongoing fluctuations in the currency market.

TREE NEWS reports: Chinese AI chip maker Biren Technology saw its revenue grow nearly 20-fold amid a global shortage of high-end computing power. The demand for advanced compute continues to outpace supply, driving significant growth for the company.

TREE NEWS reports: Iran’s Nour News quotes the CEO of the National Iranian Oil Company denying that oil operations on Kharg Island have halted, calling Trump’s post about the island’s destruction ‘ridiculous.’ The CEO stated that 90% of Iran’s oil exports pass through the island, which remains calm and operational despite past strikes. Contractors are rebuilding storage tanks and docks.

TREE NEWS reports: Samsung is developing an 8-layer HBM4E memory chip for NVIDIA, aiming to supply next-generation AI accelerators. This move intensifies competition with SK Hynix and Micron in the high-bandwidth memory market.

TREE NEWS update: According to Altrata’s report, the number of billionaires worldwide increased to 3,795 in 2025. This reflects continued wealth growth globally, with implications for economic trends and investment markets.

TREE NEWS reports: Trading in Korean semiconductor stocks is active on Gate, with SK Hynix and Samsung Electronics ranking second in holdings. The news highlights investor interest in the semiconductor sector amid broader market movements.

TREE NEWS update: Unimicron Technology, a major supplier to Nvidia, is under investigation for allegedly relabeling components of Chinese origin to conceal their true source. The probe highlights ongoing scrutiny of supply chain practices amid US-China tech tensions.

TREE NEWS update: Bank of America reported that crypto funds saw $3.2 billion in inflows last week, indicating strong investor interest. This surge reflects growing institutional adoption and positive market sentiment.

TREE NEWS reports: Lu Lei, Deputy Governor of the People’s Bank of China, emphasized that the liability boundaries for intelligent agent payments cannot be blurred and announced plans to release a self-regulatory convention. This move aims to clarify responsibilities in AI-driven financial transactions, ensuring consumer protection and market stability.

TREE NEWS reports: Ahead of the non-farm payroll data release, market pricing now shows a probability exceeding 50% that the Federal Reserve will raise interest rates twice this year. This shift reflects growing concerns over persistent inflation and a resilient labor market.