TREE NEWS update: Marc Andreessen, Ben Horowitz, and OpenAI’s Greg Brockman have backed the super PAC behind a new ad campaign promoting AI data centers, amid surging public opposition that has reached 61%. The campaign aims to counter growing resistance to data center construction. The funding underscores the escalating battle over AI infrastructure as communities push back.
TREE NEWS reports: Arthur Hayes predicts Bitcoin could hit $1 million by 2030, driven by macroeconomic factors, but he personally favors Ethereum for its potential. He believes Ethereum’s ecosystem and staking opportunities offer better risk-reward.
TREE NEWS update: US stocks opened mixed with the Dow Jones Industrial Average rising 0.37%, while NIO (NIO.N) dropped nearly 4% in early trading. The move reflects ongoing market volatility amid broader economic uncertainties.
TREE NEWS reports: Spot gold rose 1% intraday to $4,372.30 per ounce, while spot silver gained 2% to $65.35 per ounce, data showed on September 2. The moves reflect ongoing market dynamics.
TREE NEWS update: El Salvador’s Bitcoin holdings have increased to 7,762 BTC, valued at approximately $598 million. The Central American nation continues to accumulate the cryptocurrency as part of its national strategy.
TREE NEWS reports: The Trump administration is planning to impose tariffs on imported chips while providing exemptions for US-based manufacturers. This move aims to boost domestic production but could raise costs for foreign chipmakers.
TREE NEWS update: Mexican billionaire Ricardo Salinas Pliego called fiat currency inflation a hidden tax and advised buying and holding Bitcoin, criticizing the current monetary system. He reiterated his long-standing pro-Bitcoin stance, urging investors to seek refuge in the cryptocurrency.
TREE NEWS reports: Oil prices jumped above $90 a barrel on September 1 after US strikes on Iran, while global stocks, gold and bitcoin fell. Bond yields rose with Japan’s 10-year hitting 3% for the first time since 1996. Weak US data and surging energy costs revived stagflation fears, boosting bets on a Fed rate hike.
TREE NEWS update: US private payrolls increased by 38,000 in August, missing the expected 48,000, according to ADP. The data suggests a cooling labor market, which could influence the Federal Reserve’s monetary policy decisions.
TREE NEWS update: US Treasury Secretary Scott Bessent stated that parties involved in Iranian digital assets could become sanctions targets. This highlights growing regulatory scrutiny on crypto transactions linked to sanctioned nations.
TREE NEWS update: The US Department of Justice, in collaboration with CrowdStrike, has announced the disruption of the Sality botnet, a malicious network that has operated for over 20 years. This action marks a significant milestone in cybersecurity efforts against long-standing criminal infrastructure.
TREE NEWS reports: Bitcoin gained about 25% in August, its best month since November 2024 and strongest August since 2017, driven by Treasury buyback expansion, record short squeeze, and $3.05B ETF inflows. However, the 21Shares report highlights $81,000-$82,000 as the pivotal resistance zone separating a trend reversal from a bear-market rally. September’s focus includes support at $76,000-$78,000, ETF flow sustainability, and long-end yields.
TREE NEWS update: Kevin Warsh, Trump’s pick for Fed chair, reiterated a firm 2% inflation target at Jackson Hole on Aug 28, saying data show no meaningful improvement. Markets repriced quickly, with prediction markets now implying about 56% odds of a 25bp hike on Sep 16, up from roughly 30%. Trump voiced respect for Warsh, signaling he remains an inside ally.
TREE NEWS reports: The Royal Government of Bhutan has moved another 400 bitcoins, valued at approximately $30.62 million, according to on-chain data. This follows a series of transfers from the country’s treasury, indicating active management of its digital assets.
TREE NEWS reports: A trader known as Bonk Guy suggests the recent market rally is only a prelude, with the true bull market potentially beginning in Q4. He advises caution and strategic positioning in the meantime.
TREE NEWS reports: US military strikes on Iran pushed oil prices and Treasury yields higher, while Bitcoin fell below $76,500 amid geopolitical tensions. The move reflects risk-off sentiment in crypto markets as macro factors weigh on digital assets.
TREE NEWS reports: Bitcoin hovered near $77,000 as a global bond selloff lifted yields and renewed U.S.-Iran tensions pushed oil prices higher. The cryptocurrency’s resilience is being tested by rising macro pressures, with traders watching whether the post-rally momentum can withstand the risk-off tone from surging bond yields and geopolitical risks.
TREE NEWS reports: Treasury yields surged toward key levels on September 1, pressuring risk assets. The 10-year yield hit about 4.79%, and the 30-year approached 5.3%. US stocks fell for a third straight session, with the Dow down 0.8%, S&P 500 down 0.7%, and Nasdaq down 1%. Bitcoin dropped to around $77,900, while gold futures fell below $4,400. Higher rates raise valuation concerns for tech and crypto, while fiscal risks offer some support for gold and Bitcoin.
TREE NEWS update: The G20, in a chair’s statement from the Asheville meeting, endorsed digital assets as a growth tool and committed to “clear pathways” for innovation. However, the group deferred binding cross-border stablecoin regulation to the Financial Stability Board (FSB), signaling a cautious approach to global crypto oversight.
TREE NEWS reports: Elon Musk forecasts that artificial intelligence could drive global economic growth by 20% to 30%. The statement highlights the transformative potential of AI on a macroeconomic scale.
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