Flash News

TREE NEWS reports: The Mexican peso fell 0.3% against the dollar, touching an intraday low, after U.S. President Donald Trump threatened to “immediately” double tariffs on Mexico if the country fails to stop large-scale immigration. The currency move reflects market reaction to the tariff threat.

TREE NEWS update: Coinbase’s EU policy chief warned that extending suitability tests beyond crypto lending and borrowing to DeFi could limit user access and fragment liquidity, potentially pushing users toward riskier platforms. The executive said applying such requirements more broadly would constrain access to decentralized finance services across the bloc.

TREE NEWS update: Nebius said it expects $10 billion in committed customer prepayments for 2026, rising to $17 billion-$20 billion for 2027. The company reported remaining performance obligations of $38.7 billion in the third quarter and said it no longer considers ARR an appropriate metric for the business. Some third-party capacity is now expected to come online in the first half of next year.

TREE NEWS update: Huobi HTX chief analyst Cloud said in a live broadcast on November 12 that high interest rates are reshaping global asset pricing, with US Treasuries, gold and BTC each offering distinct sources of return, risk profiles and allocation value. Short-term Treasuries suit defensive positioning, gold hedges credit risk and diversifies portfolios, while BTC remains highly volatile and its outlook depends on macro liquidity, risk appetite and institutional fund flows.

TREE NEWS reports: JPMorgan lowered its price target on Nvidia (NVDA.O) to $215 from $320, following similar moves by Bank of America Global Research and Evercore ISI. Citi also cut its Nvidia target for a second time, reducing it to $225 from $285. The downgrades come as multiple Wall Street firms reassess the chipmaker’s valuation.

TREE NEWS update: Germany’s Federal Constitutional Court on Thursday dismissed a lawsuit challenging the European Central Bank’s pandemic emergency asset purchase program, ruling that the claimants failed to adequately substantiate their case. The suit, brought by a group of professors and business figures against the German government and parliament, alleged that the PEPP amounted to government financing and that officials failed to oppose it. The Karlsruhe-based court said the arguments did not meet the required standard for a valid challenge.

TREE NEWS update: The AVA Foundation and Travala launched AVA 3.0 on Nov. 12, unveiling a roadmap to strengthen the AVA token’s utility on the Travala travel platform. The plan builds on AVA 2.0 and focuses on real-world travel products, a transparent buyback mechanism and quantifiable membership value. The foundation has bought back 5,604,414 AVA tokens to date, with 779,691.92 AVA — 1.1% of circulating supply — permanently locked in Travala’s “AVA Strategic Reserve.”

TREE NEWS update: China Unicom appointed Tang Yongbo as its general manager on November 12, with the decision announced at an expanded leadership meeting by a senior official from the Central Organization Department. The appointment will be processed in accordance with relevant laws and the company’s articles of association.

TREE NEWS reports: Nebius Group reported third-quarter revenue of $980.8 million, beating the $918.5 million estimate. Adjusted EBITDA for the quarter came in at $465.8 million, above the expected $357.4 million. The company’s US-listed shares rose nearly 5% in premarket trading following the results.

TREE NEWS update: Russian President Vladimir Putin met US presidential envoy Steve Witkoff and Jared Kushner, President Donald Trump’s son-in-law, in Moscow on December 12, Russian media reported. The meeting marks a direct contact between the Kremlin and senior figures close to the US president. No further details of the talks were disclosed.

TREE NEWS reports: BlackRock transferred $443.88 million worth of BTC and ETH to Coinbase Prime from its ETF wallets within a 30-minute window, on-chain tracker Onchain Lens reported on Nov. 12. The transfer comprised 4,189 BTC, valued at about $304.72 million, and 68,230 ETH, worth roughly $139.16 million.

TREE NEWS update: President Donald Trump threatened to double tariffs on Mexico, saying the country must stop migrant caravans immediately. Trump did not specify which tariffs would be raised or by how much. The threat marks a new escalation in trade pressure tied to immigration enforcement.

TREE NEWS update: JD.com has completed its voluntary public takeover offer for German electronics retailer Ceconomy. The closing of the offer marks the completion of the acquisition process announced by the Chinese e-commerce group. Financial terms and the final stake acquired were not disclosed in the announcement.

TREE NEWS update: India’s Enforcement Directorate searched CoinDCX and Delta Exchange, alleging the crypto platforms routed Indian users’ trades to Binance, Bybit and other offshore venues through a Costa Rican shell entity. The agency’s action targets the exchanges over the offshore routing of domestic trading activity.

TREE NEWS update: Zcash coinholders begin voting on Nov. 16 on a merged draft that would end the flow of block rewards to the community grants program, removing its 8% cut. Under the proposal, that 8% would sit in a locked fund with no spending rules yet, and 50,000 ZEC would leave the grants treasury.

TREE NEWS update: BAIC Off-Road launched the X55X on November 12 with seven plug-in hybrid and battery-electric variants, priced at a limited-time 126,900-171,900 yuan, 10,000 yuan below presale guidance. The battery-electric version offers 625 km CLTC range, while the plug-in hybrid reaches up to 1,350 km combined. Huawei Qiankun smart-driving features are available from the 140,000-yuan trim level.

TREE NEWS reports: The largest short seller on Anthropic has continued to add to their position, with the short now valued at $70.5 million and showing an unrealized profit of about $1.41 million, after Anthropic set its IPO price range at $70–$78 per share, implying a market value of $1.26 trillion to $1.405 trillion. Hyperliquid’s pre-market contract for ANT is pricing around $104, roughly 33% above the IPO price.

TREE NEWS reports: FreezeCheck found that 65.4 million USDT left targeted Tron addresses between the public proposal of a freeze and its execution. The records show an exposure window rather than proof that senders acted on a warning, indicating funds can move before freeze proposals take effect.

TREE NEWS reports: Bit Digital (Nasdaq: BTBT) reported third-quarter 2026 results, disclosing holdings of about 163,725.9 ETH as of Sept. 30, valued at roughly $439.4 million. Of that, 74,606.4 ETH was held directly at a fair value of about $200.2 million. The company liquid-staked 73,683 ETH in the quarter, receiving 66,192 LsETH, and sold 1,625 ETH for $3.4 million at an average price of about $2,114.62 per token, with no ETH purchases during the period.