TREE NEWS update: Cloverleaf has announced plans to build an AI factory in the United States. The project aims to support AI infrastructure development, though further details are limited.
TREE NEWS update: Xingqiao Capital’s London gold position has blown up, causing significant losses for some investors who deposited funds via USDT. The incident highlights risks in crypto-funded commodity trading.
TREE NEWS reports: Spot gold fell $20 in early trading to $4,566.49 per ounce. The decline reflects ongoing market volatility amid global economic uncertainties.
TREE NEWS update: Nvidia is broadening its AI infrastructure footprint by investing in a power developer, aiming to secure energy for its expanding data center operations. This move underscores the growing intersection of AI and energy sectors.
TREE NEWS reports: China’s Central Cyberspace Affairs Commission announced plans to accelerate legislation in emerging fields including AI, anti-cyberbullying, digital economy, online platforms, and blockchain. This move signals the government’s intent to regulate these sectors more comprehensively.
TREE NEWS reports: Former President Donald Trump plans to allocate $400 million from his Super PAC to support Republican candidates in the upcoming midterm elections. This move underscores his continued influence over the party’s political direction.
TREE NEWS update: SK Hynix stated that it has not yet made a decision regarding the construction of a semiconductor production facility in Japan. The company is still evaluating various factors before reaching a conclusion.
TREE NEWS update: Standard Chartered has revised its Bitcoin forecast, suggesting the cryptocurrency could reach $126,000 by the end of the year, calling its previous $100,000 target too conservative. The bank cites growing institutional adoption and market momentum as key drivers.
TREE NEWS update: Standard Chartered’s Geoff Kendrick suggested Bitcoin could reach its $126,000 all-time high after Oct. 6 as spot ETF inflows recover, questioning the bank’s own $100,000 year-end forecast as potentially too low. The statement reflects renewed optimism for Bitcoin’s price trajectory amid recovering institutional interest.
TREE NEWS update: Citi recommends buying dips in US equities, suggesting that any pullback before the US midterm elections could present a strategic entry point. The bank’s view implies optimism despite potential volatility.
TREE NEWS reports: A Reuters/Ipsos poll reveals that 63% of Americans view the Trump family’s crypto profits as inappropriate, with half of Republicans agreeing that his business interests influence his decisions. The survey highlights growing public concern over potential conflicts of interest between Trump’s political role and his cryptocurrency ventures.
TREE NEWS reports: TSMC’s advanced A16 1.6nm process is scheduled for mass production in the fourth quarter of 2026, marking a significant milestone in semiconductor manufacturing. This development is crucial for the tech industry, potentially impacting the supply chain for high-performance computing and AI chips.
TREE NEWS update: Nomura’s crypto arm, Laser Digital, has obtained a crypto asset license in Japan, marking the first such approval in four years. This milestone allows the firm to operate in the Japanese market, signaling a positive shift in the country’s regulatory stance towards digital assets.
TREE NEWS reports: Bank of America cautioned that if the US Treasury’s long-dated bond buyback program fails, risk assets could come under pressure. The warning highlights potential liquidity and market stability concerns, urging investors to monitor the program’s progress.
TREE NEWS update: The article discusses how AI infrastructure financing and US Treasury competition are pressuring long-term yields. It highlights the ongoing demand for long-term capital from both sectors, which is affecting the bond market. The piece suggests that this trend could have implications for macroeconomic conditions and risk assets.
TREE NEWS update: A study by the Bank of Italy found that stablecoin remittances do not offer systemic cost advantages over traditional methods, with on-chain components accounting for only a small portion of total costs. The research suggests that while stablecoins can reduce certain fees, the overall cost savings are limited and not transformative for cross-border payments.
TREE NEWS update: CMB Wing Lung Bank is reviewing zero-balance, non-initiative investment accounts held by mainland investors. Accounts without submitted declarations may face suspension or closure.
TREE NEWS reports: At a CFTC advisory meeting, CME’s Terrence Duffy accused prediction markets of manipulation risk, prompting Kalshi’s Luana Lopes Lara to turn the question back on him. The heated exchange highlighted ongoing regulatory tensions over prediction market oversight.
TREE NEWS update: Bitcoin surpassed $75,000 for the first time in three months, driven by a Treasury buyback plan that fueled a short squeeze. The cryptocurrency is on pace for its best week since March 2024.
TREE NEWS update: CFTC Chair Michael Selig told the agency’s new innovation committee that the CFTC will draft its own crypto market structure rules if the Senate fails to pass the Clarity Act. This move signals potential regulatory action in the crypto space, impacting market participants and possibly setting a precedent for other jurisdictions.