TREE NEWS reports: FTSE China A50 index futures opened 0.19% lower, extending a 0.29% decline in the prior session’s night trading. The move reflects early weakness in the futures market tracking China’s largest A-share companies.
TREE NEWS reports: Morgan Stanley said a spin-off listing of Alibaba’s chip unit T-Head could act as a catalyst to unlock the company’s valuation potential, while in-house chips strengthen supply resilience and support margin and return-on-invested-capital upside. The bank named Alibaba its top pick, citing its full-stack capabilities spanning chips, cloud computing, models and applications. T-Head aims to contribute 40-50% of the compute for a 20GW global data-center capacity target by 2032.
TREE NEWS reports: The combined margin financing balance across the Shanghai and Shenzhen stock exchanges stood at 2.258 trillion yuan (22581.52 billion) as of November 10, down 1.384 billion yuan from the previous trading day. The Shanghai Stock Exchange’s margin balance fell 3.795 billion yuan to 1.174 trillion yuan, while the Shenzhen Stock Exchange’s balance rose 2.411 billion yuan to 1.084 trillion yuan.
TREE NEWS update: US October core consumer prices rose 0.3% month over month and headline prices 0.4%, both above expectations, the Bureau of Labor Statistics said Tuesday. No year-over-year change was published because data collection was disrupted during last October’s government shutdown. It is the last CPI report before the Fed’s December 8-9 policy meeting, where investors expect a rate hike.
TREE NEWS reports: A trader closed a 3,000 ETH long position four hours ago, realizing a profit of about $939,500. The trader still holds $7.26 million in BTC and ETH long positions with an unrealized gain of $1.08 million, but has a historical cumulative loss of $9.92 million.
TREE NEWS reports: The UK’s National Institute of Economic and Social Research forecasts that the Bank of England will not bring inflation down to its target level before 2030, citing second-round wage effects triggered by the Iran war. The think tank also slightly raised its UK economic growth forecast.
TREE NEWS update: Jupiter Exchange COO Kash Dhanda said in an interview that future finance will not be built on specialized systems but on a universal chain that aggregates liquidity, and that only Solana currently offers this. Dhanda called Solana “the universal chain,” arguing it is the only network that provides the liquidity aggregation he says future financial infrastructure requires.
TREE NEWS reports: Multicoin Capital venture co-head Spencer Applebaum said AI has sharply cut the cost of building financial software, but financial services remain hard to commoditize because their core value — customer base, capital scale, proprietary data and underwriting capability — rests on trust and relationships built over years that AI cannot easily replicate. As software becomes cheap, DeFi value will flow to projects that control scarce resources, he wrote.
TREE NEWS reports: About 227,196 BTC acquired before 2019 were activated on-chain in 2026, Checkonchain data show, worth roughly $183.58 billion at current prices. Of that total, 186,123 BTC (81.9%) came from coins obtained between 2015 and 2018, 27,653 BTC from 2012-2014 and only 13,419 BTC from before 2012. Btcparser recorded 873 transfers from 2010-2017 dormant addresses between January and October 2026, totaling about 33,932 BTC, with activity heaviest in the third quarter.
TREE NEWS update: Texas state Representative Ron Reynolds, a Democrat, filed HB 815, a bill authorizing municipalities and counties to invest public funds in cryptocurrency. The measure caps such investment at $10 million of a city’s or county’s funds, covering bitcoin or other cryptocurrencies. The bill, if enacted, would take effect on September 1, 2027.
TREE NEWS update: Pump.fun added limit orders, TWAP execution, cross margin and margin controls to its perpetual futures on Nov. 11, the platform said on X. Limit orders let users buy or sell at a chosen price, TWAP splits large orders into smaller tranches, cross margin shares collateral across positions, and margin controls allow adding or removing margin on open positions. The features are powered by Hyperliquid.
TREE NEWS update: Aave risk manager LlamaRisk has proposed a governance plan to gradually phase out roughly $1.33 billion of high-risk collateral from Aave V3 Core, steering the Ethereum lending market toward established, liquid assets while giving existing borrowers time to exit. As of Nov. 9, debt backed by the assets slated for removal totaled $1.03 billion. The proposal remains under discussion and has not been approved.
TREE NEWS reports: SoftBank Group shares extended losses to 10% after the company reported a quarterly loss exceeding $7 billion. The drop follows the earnings release detailing the loss for the quarter.
TREE NEWS reports: Japan’s 10-year government bond yield rose 5.5 basis points to 2.745%, the highest level in recent trading. The move reflects continued upward pressure on Japanese sovereign yields, a key gauge for global rates and risk assets including cryptocurrencies.
TREE NEWS reports: US Treasury Secretary Scott Bessent has recently moved to a military base due to threats linked to Iran. The report did not specify the base’s location or the nature of the threats. The US Treasury has not publicly commented on the move.
TREE NEWS reports: US Treasuries suffered one of their sharpest selloffs since April 2025 after inflation came in above expectations and a Federal Reserve official warned of larger rate hikes. The 2-year Treasury yield jumped as much as 21 basis points to 4.77% on Tuesday, its biggest single-day rise since Trump’s reciprocal tariffs roiled global markets. The move followed Fed Governor Waller’s comment that he would back a 50-basis-point hike if inflation keeps accelerating.
TREE NEWS reports: Apple is developing a Mac app called Harbor that turns Apple-silicon computers into private AI inference servers, allowing users to download, manage and run open-weight models without uploading data to the cloud. The app can link two or more compatible Macs via Thunderbolt 5 to form a cluster and pool unified memory, running larger models or handling more concurrent requests. It is in private preview at Apple’s Claris software unit, with no launch date announced.
TREE NEWS reports: CME FedWatch data on November 11 put the probability of a 25-basis-point Federal Reserve rate hike in December at 88.5%, with an 11.5% chance of a 50bp move and 0% odds of holding rates steady. For the January meeting, the probability of a cumulative 50bp of hikes rose to 59.2% from 21.3% a day earlier, while the chance of a cumulative 25bp fell to 33.6% from 66.9%.
TREE NEWS reports: SoftBank Group shares fell 8% on Thursday. The decline marks a sharp single-session drop for the Japanese technology conglomerate. No further details on the cause of the move were immediately available.
TREE NEWS update: OpenAI has acquired AI travel agent startup Odessia, founder Francis Davidson announced, and he has joined OpenAI to help explore the travel business. An OpenAI spokesperson confirmed the deal but said no new travel products or plans have been announced. Odessia, founded a year ago, raised a $6 million pre-seed led by Sequoia Capital and launched its AI travel agent about five months ago. OpenAI already partners with Booking.com, Expedia and KAYAK.