Flash News

TREE NEWS update: Market sources indicate that AI company Anthropic expects its revenue to reach $190-200 billion by 2028. This projection highlights the rapid growth potential in the AI sector, which could influence broader tech market sentiment.

TREE NEWS update: Ship passages through the Strait of Hormuz fell significantly over the weekend, raising concerns about oil supply disruptions. The decline comes amid heightened geopolitical tensions in the region, which could impact global energy prices and risk sentiment.

TREE NEWS update: Spot gold opened slightly higher at $4,380.58 per ounce, reflecting modest gains in the precious metals market. The move comes amid ongoing macroeconomic uncertainty, though no major catalysts were cited.

TREE NEWS reports: The SEC has canceled a scheduled meeting on crypto regulatory rules, further delaying its innovation exemption plan. This postponement adds uncertainty to the regulatory landscape for digital assets.

TREE NEWS reports: Next week brings China’s July economic data, earnings from Alibaba and Baidu, the Fed’s July meeting minutes, and a US warning of unprecedented economic strikes on Iran. These events will shape market sentiment across crypto, macro, and US equities.

TREE NEWS reports: Leaked details reveal that the Trump administration secretly contacted Iran’s Revolutionary Guard Corps, bypassing official negotiators during US-Iran talks. This disclosure could impact diplomatic relations and geopolitical stability in the Middle East.

TREE NEWS update: VanEck’s head of research suggests that the passage of the CLARITY Act could spark a significant rally in Layer-1 blockchain tokens. The bill, if approved, would provide regulatory clarity for digital assets, potentially boosting investor confidence in the sector.

TREE NEWS update: Next week, President Trump is expected to attend a White House innovation meeting with crypto CEOs from Coinbase, Ripple, and others, ahead of the first CFTC advisory committee meeting. The Fed will release July meeting minutes on August 20, with markets focused on rate hike signals. Additionally, several crypto-related events include Binance delistings, Coinbase’s US500 futures launch, and a Bitcoin eCash hard fork.

TREE NEWS reports: Apple will combine its proprietary AI with Alibaba’s Qwen model to deliver Apple Intelligence on iPhones in China, marking a strategic collaboration to navigate regulatory and market challenges. This move underscores the growing importance of local AI partnerships for global tech firms in the Chinese market.

TREE NEWS reports: MicroStrategy (now Strategy) has shifted from being the largest Bitcoin buyer to a seller, having sold some holdings to fund dividends and buybacks, with analysts estimating up to $4.5B more in potential sales. This reverses a key structural buying force, posing near-term risk to Bitcoin’s price, though macro conditions are improving. Across 109 Bitcoin treasury companies, potential selling could reach $7.5B, but this may also signal a market bottom soon.

TREE NEWS reports: Galaxy Research has reduced the probability of the CLARITY Act passing to 10%, citing unresolved issues around ethics, stablecoin yields, and developer protections, as well as a narrow Senate window in September. The lowered odds reflect growing skepticism about the bill’s legislative prospects.

TREE NEWS reports: Metrics Ventures’ July-August market report argues that bond and currency markets are pricing in dollar weakness despite stock market complacency, favoring gold and constrained resources like copper. The fund sees limited crypto upside until excess liquidity is fully released and AI growth is priced in, recommending long positions in resource equities over Bitcoin.

TREE NEWS reports: Ireland is developing industry standards to combat illicit cryptocurrency use under its AML framework, including stricter measures on private wallet transfers and overseas digital asset firms. The proposals aim to enhance regulatory oversight of crypto activities.

TREE NEWS reports: France’s tax authority has confirmed a data breach affecting hundreds of thousands, raising alarm among Bitcoiners due to the country’s prevalence of wrench attacks targeting crypto investors. The incident underscores heightened physical and digital security risks for crypto holders.

TREE NEWS update: UK authorities have resumed an investigation into Nigel Farage’s crypto donations following his by-election victory. The parliamentary commissioner for standards is examining the lawmaker’s acceptance of crypto ‘gifts’.

TREE NEWS update: Scammers posing as recruiters on LinkedIn have stolen $11.8 million from crypto professionals in Singapore by planting malware in fake coding assessments. The malware harvested session tokens, bypassing multi-factor authentication to access code repositories and drain funds. This highlights a growing cybersecurity threat targeting the crypto workforce.

TREE NEWS reports: Bitcoin fell to $62.5K, approaching new August lows despite positive US inflation data, while US stocks hover near all-time highs. A trader warns that the weekly close could trigger further losses, highlighting the ongoing divergence between crypto and equities.