Flash News

TREE NEWS reports: Bitcoin’s surge to $80,000 was driven by short covering, with futures open interest dropping to its lowest since May. This suggests the rally may be fragile as leveraged positions unwind.

TREE NEWS reports: A recent analysis suggests that Binance and Coinbase account for over half of the recent stablecoin inflows, potentially making them the primary drivers of the current market rally. This concentration indicates that these exchanges are pivotal in channeling new capital into crypto.

TREE NEWS reports: US weekly ADP employment change for the week ending August 8 came in at 11,750, up from the previous 9,500. This data point reflects slight improvement in the labor market.

TREE NEWS reports: Treasury Secretary Bessent is reportedly using interventions like buybacks and debt restructuring to trigger a short squeeze on CTA bond shorts, aiming to push the 10-year yield down to 4.3% before midterms. Goldman data shows record CTA short positions, making conditions ripe for a squeeze. However, analysts doubt the effectiveness given structural deficits and inflation.

TREE NEWS update: Jack Ma has increased his holdings of Alibaba’s Hong Kong-listed shares, with his total purchases now exceeding HK$600 million. This move signals confidence in the e-commerce giant amid market fluctuations.

TREE NEWS update: US stock futures edged higher, with storage-related stocks rebounding in pre-market trading. The move suggests a tentative risk-on tone, though the catalyst remains unclear.

TREE NEWS reports: Crypto whale Jason predicts Bitcoin has further upside above $80,000, with $100,000 potentially arriving sooner than expected. The statement reflects bullish sentiment amid market dynamics.

TREE NEWS update: Bitcoin’s price surged past $81,000, its highest level since May, driven by the U.S. Treasury’s bond buyback plan and a weaker dollar. The move is attributed to macroeconomic factors rather than crypto-specific developments, reviving the ‘debasement trade’ narrative.

TREE NEWS update: Anthropic has instructed its San Francisco employees to work from home due to a potential strike by security personnel. The move aims to ensure business continuity and employee safety during the labor action.

TREE NEWS reports: Bank of America reports that active long-only funds sold $44.4 billion worth of semiconductor stocks last month, reflecting a significant reduction in tech exposure. This move comes amid concerns over valuation and market volatility in the sector.

TREE NEWS update: Nvidia reports Q2 earnings on Aug 26, with options implying a 5.4% move (about $280B market cap). After 7 consecutive down days, Wall Street expects ~$92B revenue, but focus is on Q3 guidance and gross margin.

TREE NEWS update: Bitcoin’s price fell below the $80,000 mark, signaling a significant market downturn. The move reflects ongoing volatility in the crypto market, with traders closely watching support levels.

TREE NEWS reports: Bloomberg reports that the owner of OnlyFans received more than $700 million in dividends in the months before his death. The payout highlights the platform’s massive profitability.

TREE NEWS reports: Analysts report that new whales have realized a record $1.2 billion in profits as Bitcoin returns to their average cost basis. This marks a significant shift in market dynamics, with large holders taking profits after a period of accumulation.

TREE NEWS update: Leveraged products tied to Samsung Electronics and SK Hynix, South Korea’s top chipmakers, experienced nearly $1 billion in outflows this month. The exits reflect investor caution amid a global tech selloff and concerns over semiconductor demand.

TREE NEWS reports: ChangXin Memory (CXMT) has been selected as the core LPDDR6 memory partner for Xiaomi’s Xuanjie O3 chip, marking a significant advancement in domestic memory technology. This collaboration highlights China’s progress in high-bandwidth memory for AI applications, though it is not directly related to RWA or crypto sectors.

TREE NEWS reports: US media reports that the US is considering imposing an additional 7.5% tariff on Chinese goods. This move could escalate trade tensions between the two largest economies, potentially impacting global markets.

TREE NEWS update: A fire broke out at the Afipsky oil refinery in southern Russia following a drone attack. The incident highlights ongoing geopolitical tensions affecting energy infrastructure. No further details on damage or casualties were provided.

TREE NEWS reports: A research institution reports that AI infrastructure spending is surging, prompting cloud service providers to focus more on efficiency and financial discipline in the second half of the year. This shift reflects growing pressure to optimize costs amid rapid expansion.

TREE NEWS reports: Goldman Sachs reports that crypto trading volumes have declined for ten consecutive months, suggesting a potential inflection point may be approaching. The bank’s analysis indicates that despite the prolonged downturn, market conditions could be set for a reversal.