Flash News

TREE NEWS update: Six months after US/Israel strikes on Iran, the Iranian-American community remains deeply split over military intervention. Proponents are disappointed that regime change hasn’t happened, while opponents warn against repeating past war mistakes, with divisions widening amid ongoing economic pressure.

TREE NEWS reports: This week’s insights cover macro trends like Treasury issuance and gold’s rally, Arthur Hayes’ bullish ETH outlook, and the surge in altcoins. Key developments include Grayscale’s push to convert ZEC and TAO trusts to ETFs, Hyperliquid’s new buyback mechanism, and Ethena’s token buyback and unlock cancellation. The piece also touches on AI demand from Nvidia, Galaxy’s crypto-backed credit lines, and BitMine’s growing ETH holdings.

TREE NEWS update: OpenAI and Cursor have ended their nearly four-year collaboration, with direct model supply ceasing on November 12. This marks a significant shift in the AI coding tools landscape, potentially impacting Cursor’s users and the broader AI developer ecosystem.

TREE NEWS update: The US House of Representatives will vote on a temporary funding bill next Tuesday to avert a government shutdown. The bill is expected to face opposition from some lawmakers, but passage is seen as likely to avoid a disruption in federal services.

TREE NEWS reports: Fidelity’s macro research director stated that Bitcoin has maintained the bottom of its power law curve and has adjusted for a sufficiently long time. This suggests a potential stabilization or reversal in Bitcoin’s price trajectory.

TREE NEWS reports: Bitcoin fell below $78,000 after a rally fueled by ETF inflows, reflecting market volatility. The retreat highlights the ongoing impact of institutional investment flows on cryptocurrency prices.

TREE NEWS update: Bitcoin’s rally paused on Friday as Federal Reserve Chair Jerome Powell signaled that inflation remains too high, dampening speculative enthusiasm. The prior surge was fueled by billions flowing into spot Bitcoin ETFs, but the latest macro commentary has cooled the market.

TREE NEWS reports: Bitcoin’s recent rally paused after Fed Chair Kevin Warsh’s hawkish comments on inflation, causing some profit-taking. Despite this, prediction market traders remain bullish on BTC’s long-term prospects.

TREE NEWS update: Grayscale suggests that the currency devaluation trade will benefit Bitcoin as the US dollar drops to a three-month low. This macroeconomic environment may increase demand for Bitcoin as a hedge against fiat depreciation.

TREE NEWS reports: Grayscale’s research team states that the debasement trade, driven by rising government debt, is benefiting Bitcoin. The asset manager suggests that Bitcoin is well-positioned as a hedge in this environment.

TREE NEWS reports: Metaplanet CEO Simon Gerovich stated that the Bitcoin bottom has been reached and that Asia presents a significant opportunity for the cryptocurrency market. He expressed optimism about the region’s adoption and growth potential.

TREE NEWS update: At Bitcoin Asia, Metaplanet CEO Simon Gerovich argued that as regulatory landscapes shift, Asians are seeking new places to park cash, and Bitcoin presents the opportunity. He believes Bitcoin’s moment has arrived for the Far East.

TREE NEWS reports: Meta is reportedly testing robots to handle data center tasks, sparking fears of job displacement. The move reflects broader automation trends in tech infrastructure.

TREE NEWS update: Austin and other US cities are considering restrictions on AI data centers due to concerns over water and electricity demands. Communities are challenging the environmental impact of AI infrastructure, prompting local governments to explore regulatory limits.

TREE NEWS update: Gold (XAUUSD) has dropped to $4450 per ounce, currently trading at $4446.91, a 24-hour decline of 3.4%. The data comes from Gate.

TREE NEWS update: Fed Chair Warsh called AI a ‘hinge point in history’ in his Jackson Hole speech, highlighting its profound impact on the economy. He discussed AI’s potential to boost productivity and reshape labor markets, while also addressing risks such as job displacement and financial stability concerns. Warsh emphasized the need for policymakers to adapt to AI-driven changes.

TREE NEWS update: Bitcoin fell 3% to $77,955 after Federal Reserve Chair Kevin Warsh’s hawkish comments at Jackson Hole, with gold also dropping 2.4% and U.S. equities turning negative. Despite the dip, BTC is still up 0.7% on the week after hitting an intraday high of $81,479.50.

TREE NEWS reports: Elon Musk is reportedly considering a donation of at least $100 million to Republican causes, and House Speaker Mike Johnson plans to meet with him. This political news has no direct connection to RWA tokenization or crypto markets.

TREE NEWS update: Federal Reserve Chair Warsh downplayed the pace of disinflation, signaling a cautious approach to rate cuts. This hawkish stance weighed on risk assets, with Bitcoin falling below $80,000.