TREE NEWS update: Alibaba Cloud reported a 45% growth in external revenue, with AI-related product revenue surging triple digits. This underscores the strong demand for cloud and AI services in China, which may have indirect implications for crypto and RWA sectors relying on cloud infrastructure.
TREE NEWS update: OCC Comptroller Jonathan Gould announced at the Wyoming Blockchain Symposium that the agency is moving quickly to finalize stablecoin rules under the GENIUS Act, aiming to beat a January statutory deadline after missing an earlier July target. The urgency reflects the growing importance of stablecoin regulation in the crypto market.
TREE NEWS update: Meta is facing a potential penalty ranging from $4M to $1.4T in a consumer protection lawsuit, with a judge deciding the amount. The stock has dropped 8.4% since jury selection, underperforming the S&P 500. The author suggests that the market may be mispricing Meta’s earnings multiple and advertising business, rather than the outcome of the trial.
TREE NEWS update: The US Treasury has doubled its Treasury buyback program, a move that could increase liquidity and impact market rates. Meanwhile, Standard Chartered predicts Bitcoin will reach $100,000 by the end of the year, citing improved market conditions.
TREE NEWS update: The ongoing US-Iran standoff has driven both WTI and Brent crude oil futures to record highs. This geopolitical tension is fueling supply concerns in the energy market.
TREE NEWS reports: The South Korean government announced that profits from virtual assets held in personal wallets and on overseas exchanges will be subject to taxation. This move extends the country’s crypto tax regime beyond domestic exchanges, aiming to close loopholes and ensure comprehensive taxation of digital asset gains.
TREE NEWS update: The SEC is considering two compliance pathways for crypto projects, with over 1,600 projects having raised funds within the $5 million cap over four years. This move could provide clearer regulatory guidelines for the industry.
TREE NEWS update: Securitize’s president indicated that the U.S. SEC’s crypto innovation exemption rule might be postponed to early October. The delay suggests a slower regulatory timeline for digital asset securities.
TREE NEWS reports: The U.S. Commodity Futures Trading Commission (CFTC) has opened a public comment period regarding the listing of hashrate derivative contracts. This move could pave the way for regulated financial products tied to cryptocurrency mining, potentially impacting the crypto and RWA sectors.
TREE NEWS update: Gold prices have surged past the $4,500 mark, leading to a 34% increase in 24-hour trading volume for Bitget’s gold contracts. This reflects heightened market interest in gold as a safe-haven asset amid economic uncertainty.
TREE NEWS reports: As AI infrastructure financing surges, US investment-grade corporate bond issuance could hit $200B in September, straining Treasury markets. The Treasury’s expanded buyback offers only temporary relief, with structural pressures from AI debt, fiscal deficits, and inflation persisting.
TREE NEWS update: Uber has partnered with Baidu to deploy Apollo Go autonomous vehicles in Dubai, marking a significant step in the international expansion of driverless ride-hailing. The service will be integrated into Uber’s platform, offering users in Dubai access to self-driving cars.
TREE NEWS update: SK Hynix unveiled a record 40 trillion won (~$29B) share buyback and cancellation, earlier than expected, signaling strong cash flow. JPMorgan and Goldman Sachs upgraded outlooks, predicting up to $130B in additional shareholder returns by 2027, which could support the stock after a 49% drop.
TREE NEWS update: SK Hynix and its union reached a tentative agreement for 2026, proposing that 60% of the performance bonus be paid in company stock (40% sellable immediately, 20% deferred), with the rest in cash. The deal also includes a 6.3% wage increase and enhanced welfare points, pending a union vote.
TREE NEWS update: The latest 13F filings show that while AI remains a consensus, institutional investors are becoming more selective, with Berkshire adding Alphabet, Tiger Global reducing big tech, and Third Point and Duquesne rotating within semis. The key signal is that AI is not fading, but the ‘group trade’ is loosening as funds focus on risk-reward.
TREE NEWS reports: President Trump urged Congress to pass a ‘fair version’ of the Clarity Act to establish a clearer digital asset regulatory framework during a White House meeting with crypto and financial executives. Market data shows the probability of the bill passing this year has increased from 18% to 22%, though sentiment remains cautious.
TREE NEWS update: Polygon Labs CEO Marc Boiron stated that stablecoins will significantly increase spending and expenditure efficiency. Bank profits from inefficient traditional payment systems will decline, while businesses and consumers gain more purchasing power. The next payment competition winner will be those enabling millisecond transactions for enterprises.
TREE NEWS reports: HYPE surged 20% to $72 after President Trump indicated the CFTC is pursuing compliant US access for Hyperliquid. However, no formal regulatory plan has been released yet, leaving the path uncertain.
TREE NEWS update: Binance co-founder Changpeng Zhao (CZ) stated that Bitcoin continues to adhere to its four-year market cycle and that the cryptocurrency industry is entering its most favorable policy environment to date. His remarks come amid growing institutional adoption and regulatory clarity.
TREE NEWS reports: Chinese court sentenced Evergrande founder Xu Jiayin to life imprisonment and fined the group 8.82 billion yuan. The verdict marks a major legal action in China’s property debt crisis.
Subscribe to get important Web3 & AI updates from the TREE NEWS desk by email — free.