TREE NEWS reports: OpenAI’s CFO announced that the company plans to go public by 2027 or earlier. This marks a significant milestone for the AI firm as it transitions towards a more traditional corporate structure.
TREE NEWS update: Prediction market platform Kalshi has filed to launch a perpetual copper futures contract, utilizing Pyth Network price feeds with no expiration date. This marks another step into commodity derivatives for the crypto-native platform.
TREE NEWS update: Former US President Trump suggested the possibility of continuing to block the Strait of Hormuz, a critical oil shipping lane. This geopolitical move could impact global oil prices and market stability, with potential ripple effects on crypto and risk assets.
TREE NEWS update: The US has reportedly opened a covert maritime route through the Strait of Hormuz, facilitating the daily export of approximately 10 million barrels of oil. This move could significantly impact global oil markets and geopolitical dynamics in the region.
TREE NEWS update: Crypto super PAC Fairshake achieved victories in several primary elections but lost a costly $2 million race in Florida. A spokesperson indicated the PAC is ‘just getting started’ with expenditures to elect crypto-friendly lawmakers to Congress.
TREE NEWS update: The Fed’s meeting minutes revealed no support for rate cuts, marking a shift from earlier expectations. Persistent inflation, partly due to geopolitical tensions affecting oil shipping, and mixed economic data leave officials divided. Markets now expect rates to remain unchanged at the September meeting.
TREE NEWS reports: Federal Reserve meeting minutes reveal that Chair Warsh proposed reducing the number of FOMC policy meetings from 8 to 6 per year, arguing it would allow more information accumulation and time for strategic thinking. Members were consulted, but no change will be made this year. If adopted, this would mark a major shift in the Fed’s operational approach.
TREE NEWS update: Federal Reserve meeting minutes revealed that several officials favored raising rates last month, with many saying further tightening might be necessary if inflation does not decline. The FOMC voted 9-3 to hold rates at 3.5%-3.75%, while some regional presidents indicated they would have supported a hike.
TREE NEWS reports: The Federal Reserve’s meeting minutes revealed that several officials believe financial markets are already helping to tighten policy. This suggests that market conditions may be contributing to the Fed’s efforts to curb inflation.
TREE NEWS update: The Federal Reserve’s meeting minutes revealed that most participants supported keeping interest rates unchanged, while a few favored raising rates. This indicates a cautious stance amid ongoing economic uncertainty.
TREE NEWS reports: The Federal Reserve’s meeting minutes revealed that many participants believe interest rates may need to stay higher if inflation fails to continue declining. The remarks signal a cautious stance on monetary policy amid sticky price pressures.
TREE NEWS update: Nvidia is reportedly discussing a $20 billion investment in Mercor, a move that highlights the growing intersection of AI and crypto. The deal, if finalized, would mark one of the largest investments in the AI sector, with potential implications for tokenized compute markets.
TREE NEWS update: The United States has announced a 50% reduction in tariffs on Canadian steel and aluminum imports, easing trade tensions between the two countries. This move is expected to positively impact Canadian exporters and could influence broader trade negotiations.
TREE NEWS reports: US President Trump told reporters on the 19th that he may resume negotiations with Iran ‘at some point’, but Iran must completely abandon nuclear weapons. He claimed the US ‘owns’ and ‘fully controls’ the Strait of Hormuz, while downplaying Iranian drone incidents.
TREE NEWS update: OCC Comptroller Jonathan Gould announced at the Wyoming Blockchain Symposium that the agency will publish final rules for the payment stablecoin act in November, following feedback on a February proposal. The GENIUS Act, signed into law in July 2025, is set to take effect in January 2027, with OCC expecting to process stablecoin issuer applications starting that year. Other agencies, including the Treasury and FDIC, must also complete their rules before the law’s effective date.
TREE NEWS reports: Bitcoin surged past $68,000 amid a broader crypto rally after the U.S. Treasury announced plans to at least double its long-dated bond buybacks. Short positions accounted for 91% of the day’s liquidations, totaling $1.7 billion, as Ether gained 9% and total market value rose 5.1%.
TREE NEWS reports: The US banking regulator has promised to finalize the GENIUS stablecoin rules by November, following a 376-page proposal released in February. The rules aim to implement the stablecoin bill ahead of its January 2027 effective date.
TREE NEWS update: President Trump will meet with cryptocurrency executives at the White House, following a stalled vote on the Clarity Act. The meeting signals potential policy shifts in the crypto regulatory landscape.
TREE NEWS reports: VanEck reports that Bitcoin has triggered 8 capitulation indicators, suggesting a potential bottom. However, they note that the real buying advantage may require waiting for a full year cycle, implying prolonged market weakness.
TREE NEWS update: The upcoming Federal Reserve rate decision is expected to be dominated by inflation concerns and internal policy divergence. Markets are closely watching for signals on future monetary policy, with potential implications for risk assets including cryptocurrencies.
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