Flash News

TREE NEWS update: Arthur Hayes analyzes that with Bitcoin trading sideways, Strategy (formerly MicroStrategy) faces three options: issuing more shares, selling Bitcoin, or cutting dividends. He suggests these choices reflect the company’s strategy to maintain its Bitcoin position amid market stagnation.

TREE NEWS reports: Bitcoin surged to a record weekly gain of $14,775 last week, hitting $77,593, before pulling back to around $80K. US spot Bitcoin ETFs saw $2.8B inflows over eight days, but on-chain data shows a dense supply wall at $80K-$82K, making this a key resistance zone. Institutions like K33 and Bitwise see bullish signs, while CoinShares expects range-bound trading in the near term.

TREE NEWS reports: US and Brent crude oil prices rose slightly by $0.5, with WTI reaching $82.43 per barrel. The move reflects ongoing market dynamics but has no direct connection to crypto or RWA sectors.

TREE NEWS update: TSMC distributed about NT$36 billion in Q2 employee bonuses, up over 50% from last year. Driven by growth in high-performance computing, IoT, automotive, and consumer electronics, TSMC posted record quarterly revenue and profit, with net profit up 77.4% YoY.

TREE NEWS reports: Germany’s 10-year government bond yield has surged to its highest level in 15 years, reflecting market concerns over inflation and expectations of tighter monetary policy. This move signals potential impact on global borrowing costs and financial markets.

TREE NEWS update: Spot gold and silver prices briefly rose in trading. The move reflects short-term market dynamics with no specific catalyst mentioned.

TREE NEWS update: According to Gate data, spot gold rose $18 to above $4600, while spot silver surged over $1 to $70.1 per ounce. The moves reflect short-term volatility in precious metals markets.

TREE NEWS update: Commonwealth Bank of Australia FX strategist Samarra Hammoud says Fed Chair Warsh’s Jackson Hole speech will aim to restore confidence in the Fed’s inflation fight, ease concerns about fiscal dominance, assure markets that less forward guidance won’t hurt financial stability, and strengthen confidence in Fed working groups. Markets should be skeptical that communication alone can achieve these goals, and may see Warsh as less hawkish on inflation, potentially weakening the dollar.

TREE NEWS reports: Japan’s Nikkei 225 rose 0.41% to 66,405.56, while South Korea’s KOSPI fell 1.79% to 6,788.79. The mixed performance reflects divergent market sentiment in the region.

TREE NEWS update: South Korea’s National Pension Service (NPS) reported a 27.2% return for the first half of the year, its best first-half performance since at least 2022, driven by a strong domestic stock market. The fund’s assets under management reached 1.35 trillion USD, with Korean equities returning 107.4%.

TREE NEWS reports: Grayscale reports that the correlation between Bitcoin and gold has surpassed 50%, suggesting that the debasement trade may be making a comeback. This signals growing investor interest in assets that hedge against currency devaluation.

TREE NEWS reports: Japan’s two-year government bond auction saw the weakest demand since 2016, indicating investor reluctance amid expectations of policy normalization. The tepid bidding reflects market uncertainty over the Bank of Japan’s monetary policy direction.

TREE NEWS reports: UBS notes that gold’s 17% summer rally has shifted from a rate-driven rebound to a ‘debasement trade’ as fiscal concerns rise. The bank maintains a bullish outlook, seeing dips as buying opportunities despite hawkish Fed risks.

TREE NEWS reports: SK Hynix plans to strengthen collaboration with Japanese storage partners and push forward its US-based HBM packaging facility. This move aligns with broader semiconductor supply chain diversification efforts.

TREE NEWS reports: Bitcoin’s price has fallen below the $80,000 mark, reflecting ongoing market volatility. The decline comes amid broader crypto market uncertainty, with investors closely watching macroeconomic signals.

TREE NEWS update: An analyst notes that Bitcoin’s current price action resembles the late-2023 bottoming pattern, with $83,000 identified as a critical support level to watch. This technical observation suggests potential for a similar recovery phase, though market conditions remain uncertain.

TREE NEWS update: Bitcoin has broken through the $81,000 mark, signaling renewed bullish momentum in the crypto market. The surge reflects strong investor sentiment and increased trading activity.

TREE NEWS reports: Analysis shows that the Coinbase premium for Bitcoin has returned to zero, indicating that buying pressure from US investors is fading. This suggests that the current market rally may lack strong spot-driven momentum, with market participants turning cautious.

TREE NEWS reports: The US military has cleared mines planted by Iran, allowing the Strait of Hormuz to resume normal navigation. This development eases tensions in a key global oil shipping route.