Flash News

TREE NEWS reports: The US dollar weakened ahead of the release of the Federal Reserve’s meeting minutes. Market participants are awaiting signals on the future path of interest rates. This development could have implications for global markets, including cryptocurrencies.

TREE NEWS reports: Japan’s Nikkei 225 index fell more than 3%, reflecting risk-off sentiment in global markets. The decline may impact crypto and RWA markets as investors reduce exposure to risk assets.

TREE NEWS update: Etched, an AI chip startup, is under scrutiny for its $21 billion valuation, as its performance has not yet been independently verified by third parties. The company is also facing questions about its technology and market positioning, raising concerns among investors and industry observers.

TREE NEWS reports: AI-related stocks experienced a broad selloff after OpenAI’s Q2 revenue growth of 18% fell short of expectations, while its operating loss widened to $12.3B. Concurrently, the 30-year Treasury yield hit 5.3%, a 2007 high, and geopolitical tensions rose, amplifying market jitters. Bank of America, however, argues Nvidia is undervalued by up to 50%.

TREE NEWS update: Iran’s armed forces chief of staff warned Persian Gulf states that their verbal assurances of not allowing the US to use their territories against Iran must be matched by actions, as he claimed it is unlikely such military aircraft and tankers could be at regional bases without host knowledge. He reiterated that any assistance to US forces would be considered complicity with the US military.

TREE NEWS reports: South Korea’s venture investment reached a record 8.87 trillion won in the first half of 2024, with financial institution contributions up 54.9%. AI and chip sectors saw significant growth, while gaming was the only declining industry.

TREE NEWS update: Danske Bank analysts predict the Federal Reserve will raise interest rates in December 2026 and March 2027 to counter inflation, lifting the key policy rate to 4.00%-4.25%. They note that while hikes could come earlier, recent disappointing data has balanced the risks. Money markets currently price in a 23bp hike in December and 33bp cumulative by March 2027.

TREE NEWS reports: VanEck reports 8 of 12 capitulation indicators have triggered, suggesting Bitcoin’s 11-month correction may be nearing completion. Analysts like Bitwise’s Matt Hougan see bottom signals, while glassnode warns of potential downside to $52,800 if $58,500 breaks. Mixed views persist, but institutional inflows via ETFs are improving.

TREE NEWS reports: The US Department of Justice is investigating venture firm Andreessen Horowitz for potential antitrust violations related to its partners serving on boards of competing AI companies, including Databricks and Fivetran. The probe, ongoing for nearly a year, focuses on interlocking directorates, a rarely used 1914 law. The investigation continues despite the unconditional approval of Fivetran’s acquisition of dbt Labs.

TREE NEWS update: Sovereign bond markets worldwide are experiencing their most severe selloff in decades, with long-term yields surging due to inflation concerns, fiscal expansion, and structural demand shifts. US 30-year yields hit 5.33%, the highest since 2007, while France, Germany, UK, and Japan also saw multi-year or multi-decade peaks. This repricing is driven by real yields, as market inflation expectations remain stable, and is pressuring governments’ financing costs and political dynamics.

TREE NEWS reports: Pennsylvania Governor Josh Shapiro has ordered new restrictions on large data centers to protect residents from rising electricity costs and give communities more control over proposed projects. The move comes amid growing backlash against the energy demands of AI infrastructure.

TREE NEWS update: The US SEC has proposed new rules that would offer companies a safe harbor from tokens being classified as investment contracts, along with certain exemptions for token issuance. This move comes as the CLARITY Act remains unpassed, signaling a regulatory shift toward clearer crypto guidelines.

TREE NEWS update: South Korea’s communications regulator has ordered internet providers to block access to Polymarket, ruling that its peer-to-peer settlement model does not exempt the prediction market from local gambling laws. This marks a significant regulatory setback for decentralized prediction platforms in Asia.

TREE NEWS reports: The SEC is moving forward with its own regulatory framework for cryptocurrencies despite the Clarity Act being stalled in Congress. This indicates a proactive regulatory approach that could shape the future of digital asset oversight in the US.

TREE NEWS reports: WorldClaw, a crypto firm linked to the Trump family, is accepting World Liberty’s USD1 stablecoin while offering AI models from Chinese companies that the US government has deemed national security risks. This raises concerns about potential regulatory and security implications.

TREE NEWS update: Bitcoin’s price volatility has significantly declined, according to new research from asset manager VanEck. The report suggests that despite persistent bearish sentiment, the cryptocurrency’s wild price swings have quieted, marking a notable shift in market dynamics.

TREE NEWS reports: Bankrupt Spirit Airlines has agreed to sell its internal communications and business records to Google for $10 million, which the tech giant will use to train its AI models. The deal highlights the growing market for proprietary data in AI development.

TREE NEWS reports: VanEck reports that 8 of its 12 Bitcoin capitulation signals are currently flashing, with all 12 having triggered in the past three months. The firm expects this drawdown to be shallower than historical bear markets (78-94%) due to spot ETF demand, broader institutional holdings, and the absence of major failures like Celsius, 3AC, and FTX. Bitcoin is currently down 49% from its peak.