TREE NEWS update: Alpha Compute reported gaming business revenue of $1.57 million for July, indicating steady performance in its gaming segment. The figure highlights the company’s ongoing operations in the crypto-mining and AI compute space.
TREE NEWS update: Crypto super PAC Fairshake achieved victories in several primary elections but lost a costly $2 million race in Florida. A spokesperson indicated the PAC is ‘just getting started’ with expenditures to elect crypto-friendly lawmakers to Congress.
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: Bhutan transferred 300 bitcoins, valued at approximately $19.3 million, to a new address. The move is part of the country’s ongoing management of its crypto holdings.
TREE NEWS reports: Maya Protocol, a cross-chain protocol, was exploited via six software flaws, resulting in the theft of $1.4 million in Bitcoin and other assets. The incident caused its CACAO token to plunge significantly.
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 reports: Code in TikTok’s US iPhone app suggests the platform is exploring peer-to-peer payments in direct messages, potentially routed through TikTok Pay. A spokesperson reportedly said the feature is not currently in testing anywhere, but the move signals TikTok’s continued expansion into fintech.
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: Meta has introduced new AI-powered tools specifically designed for small businesses, aiming to enhance their operations and customer engagement. The features leverage Meta’s advanced AI capabilities to help SMBs streamline workflows and improve marketing effectiveness.
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.
TREE NEWS update: Nvidia is reportedly discussing a $20 billion investment in Mercor, a move that highlights the growing intersection of AI and crypto. The deal, if finalized, would mark one of the largest investments in the AI sector, with potential implications for tokenized compute markets.
TREE NEWS update: FalconX and Ethena have established a $1 billion institutional credit facility that will deploy assets backing USDe into overcollateralized loans, expanding Ethena’s yield sources beyond crypto basis trades. This move integrates real-world asset lending into the stablecoin ecosystem, potentially enhancing returns for USDe holders.
TREE NEWS update: OCC Comptroller Jonathan Gould announced at the Wyoming Blockchain Symposium that the agency will publish final rules for the payment stablecoin act in November, following feedback on a February proposal. The GENIUS Act, signed into law in July 2025, is set to take effect in January 2027, with OCC expecting to process stablecoin issuer applications starting that year. Other agencies, including the Treasury and FDIC, must also complete their rules before the law’s effective date.
TREE NEWS reports: Bitcoin surged past $68,000 amid a broader crypto rally after the U.S. Treasury announced plans to at least double its long-dated bond buybacks. Short positions accounted for 91% of the day’s liquidations, totaling $1.7 billion, as Ether gained 9% and total market value rose 5.1%.
TREE NEWS reports: The US banking regulator has promised to finalize the GENIUS stablecoin rules by November, following a 376-page proposal released in February. The rules aim to implement the stablecoin bill ahead of its January 2027 effective date.
TREE NEWS reports: A well-known trader reports that Ethereum has finally broken through the bear market’s critical resistance zone, reclaiming the ‘golden line’ for the first time. This milestone suggests a potential trend reversal and renewed bullish momentum for ETH.
TREE NEWS update: President Trump will meet with cryptocurrency executives at the White House, following a stalled vote on the Clarity Act. The meeting signals potential policy shifts in the crypto regulatory landscape.
TREE NEWS reports: VanEck reports that Bitcoin has triggered 8 capitulation indicators, suggesting a potential bottom. However, they note that the real buying advantage may require waiting for a full year cycle, implying prolonged market weakness.
TREE NEWS update: The upcoming Federal Reserve rate decision is expected to be dominated by inflation concerns and internal policy divergence. Markets are closely watching for signals on future monetary policy, with potential implications for risk assets including cryptocurrencies.
TREE NEWS update: The U.S. Commodity Futures Trading Commission (CFTC) has opened a public comment period on the listing of hashrate derivative contracts, a move that could formalize crypto mining-related financial products. This regulatory step may pave the way for standardized hashrate futures, offering miners new hedging tools and boosting institutional participation.