TREE NEWS update: Tether has introduced BotPsy, an 800-million-parameter AI assistant designed to manage everyday tasks locally on a phone, outperforming models 2.5 times its size at controlling the device. The launch marks a further expansion of the stablecoin issuer’s push into decentralized artificial intelligence.
TREE NEWS update: Deutsche Bank said its bitcoin and ether custody service is now open to clients. The bank’s EU crypto register entry lists 30 European countries and rests on a notification to its regulator rather than a new license. The offering gives institutional clients a regulated route to hold the two largest cryptocurrencies.
TREE NEWS reports: December WTI crude futures settled up $0.49, or nearly 0.57%, at $86.53 a barrel, lifting the front-month contract off its lowest close since September 4 at $86.04. The 100-day moving average has risen to $84.15, providing support. December NYMEX natural gas settled at $3.2150 per million British thermal units, with gasoline at $2.6075 a gallon and heating oil at $4.2113 a gallon.
TREE NEWS reports: US Vice President JD Vance is considering a face-to-face meeting with a senior Iranian security official, Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, as Washington seeks to end the war. President Trump has granted Vance authority over Iran negotiations after Vance wrote to Rezaei in October proposing a meeting. No date is set; Doha is seen as a possible venue after Vance met Qatar’s prime minister Monday.
TREE NEWS update: Lithium Americas Corp. raised the construction cost estimate for the first phase of its Thacker Pass lithium mine in Nevada by nearly $900 million on November 11, citing tariffs, higher labor costs and increased logistics expenses. The project is now expected to cost $3.83 billion, up from a prior estimate of $2.93 billion, and the company’s shares hit an all-time low. The mine is backed by a $2.3 billion federal loan.
TREE NEWS update: Polymarket has confirmed a restructuring that includes layoffs and the termination of some contractor partnerships, the prediction-market platform said. The company did not disclose the number of employees or contractors affected, nor the reasons for the reorganization. The move marks a workforce shake-up at one of the crypto industry’s best-known prediction markets.
TREE NEWS update: Chile’s state-owned copper miner Codelco and India’s Adani Group have signed an agreement covering copper exploration projects. The deal links the world’s largest copper producer with an Indian conglomerate expanding into metals and mining. No financial terms or project locations were disclosed.
TREE NEWS reports: Brazil’s B3 SA exchange recorded BRL 15.7 billion ($2.8 billion) in net inflows into local-currency ETFs in October, the highest monthly total on record. The figure marks a record for the exchange’s domestic ETF segment.
TREE NEWS update: The United States has asked Russia to submit a new proposal on European security. No further details on the content of the request or Russia’s response were immediately available. The request marks a diplomatic development in ongoing discussions over European security.
TREE NEWS reports: Polymarket has cut staff and contractors in a reorganization that focused on marketing, as the prediction market trails rival Kalshi despite rising reported revenue. The company did not disclose the number of positions affected or the timing of the cuts.
TREE NEWS update: Brazilian President Luiz Inácio Lula da Silva met Venezuela’s acting president, Delcy Rodríguez, in Turkey and agreed to reshape bilateral relations between the two countries. The meeting, confirmed in a brief statement, marks a step toward restoring diplomatic engagement between Brasília and Caracas. No further details on the scope or timing of the reset were provided.
TREE NEWS update: LlamaRisk has asked Aave to freeze StakeWise, Lombard and Rocket Pool tokens on its V3 Core market, naming five assets in the proposal. Two of the five assets are already frozen, and StakeWise’s founder has asked the Aave DAO to vote on its osETH token separately.
TREE NEWS update: Deutsche Bank has launched a crypto custody service for institutional and corporate clients in Europe, holding Bitcoin, Ethereum and three stablecoins. The service went live after a five-year buildup, the bank said. It marks the lender’s entry into digital-asset custody as European institutions seek regulated options.
TREE NEWS reports: The onshore yuan closed at 6.6749 per dollar at 03:00 Beijing time, up 56 pips from Tuesday’s late-night session close. Trading volume totaled $46.499 billion.
TREE NEWS reports: The Hang Seng Index main futures contract closed down 0.70% at 24,107 in overnight trading. The Hang Seng Tech Index futures fell 0.82% to 3,990 in the same session.
TREE NEWS reports: Brazilian President Luiz Inacio Lula da Silva’s economic team is preparing to submit a proposal to Congress before next week showing investors how the government will meet its fiscal targets in coming years. Officials have been discussing a package of spending restraint measures with lawmakers, with adjustments for 2027 potentially ranging from 50 billion to 60 billion reais ($10.7 billion) compared with this year’s budget. The measures aim to give the government more room to freeze spending if fiscal targets are at risk.
TREE NEWS update: ADI PredictStreet has changed its website to say it operates with USDC instead of USD1, calling the earlier information outdated. On-chain analysis found no evidence the platform traded with USD1; it actually uses Circle-issued USDC. An IHC spokesperson said PredictStreet’s operator is no longer an IHC subsidiary. About 64% of USD1’s circulating supply is held on Binance, with no other exchange holding more than 5%.
TREE NEWS reports: Brazil’s asset selloff, triggered by President Lula’s re-election, shows no sign of easing, with some of the country’s largest asset managers warning the market decline could deepen further after erasing months of gains. Fund managers doubt Lula will implement the deep spending cuts needed to curb a widening budget deficit and public debt. Many remain cautious on risk assets, staying away from equities and the real, while some are cutting exposure to more volatile stocks heading into 2027.
TREE NEWS update: Ukraine said it struck oil infrastructure at the Ust-Luga port, hitting storage tanks and the port’s refined-products terminal. The SBU said the attack caused a refined-products leak and damaged a hydrocracker unit and a product berth. The strike came hours before Russian and Ukrainian delegations were due to restart US-brokered peace talks in Abu Dhabi, their first direct negotiations since February.
TREE NEWS reports: Nomura is exploring a sale of its crypto unit Laser Digital, with Marex among the potential buyers, Bloomberg reported. The talks cover a business spanning crypto trading, asset management and onchain credit partnerships. No deal terms or valuation were disclosed.