TREE NEWS reports: Circle’s stock has rebounded about 50% from its August low, climbing back to around $87, as Bitcoin surged over 20% in the past week. Cathie Wood tweeted that Circle will be a major beneficiary as tech disrupts the traditional world order, fueling market optimism. The rebound comes despite concerns over the OpenUSD stablecoin alliance, which had previously caused a 17% drop.
TREE NEWS reports: Glassnode reports that 85% of altcoin funding rates are above their historical average, indicating a shift to an optimistic market state. The data suggests increased speculative interest and leverage in the crypto market.
TREE NEWS reports: HyperEVM, the Ethereum Virtual Machine compatible layer on Hyperliquid, achieved its highest single-day transaction fee revenue in history. The milestone underscores the growing activity and demand for the Hyperliquid ecosystem’s L1 capabilities.
TREE NEWS update: Gate.io reported a net inflow of $208 million in reserve assets over the past week, positioning it as the second-largest exchange by this metric. This reflects growing user trust and robust asset backing amid competitive market conditions.
TREE NEWS update: Ray Dalio warns that US fiscal imbalance is at a critical juncture, with debt crisis likely within three years if unaddressed. He recommends allocating 10-15% to gold and a small amount to bitcoin as non-government-issued assets to hedge against currency debasement.
TREE NEWS update: Robinhood CEO expressed strong enthusiasm for cryptocurrency and maintained a long-term optimistic outlook on Bitcoin. The comments come amid ongoing regulatory and market developments in the digital asset space.
TREE NEWS reports: USDD has officially introduced its Vault feature on Ethereum, enabling users to mint USDD by collateralizing ETH and WBTC. This move expands the stablecoin’s utility and integration within the DeFi ecosystem.
TREE NEWS update: World Liberty Financial, backed by the Trump family, has received preliminary approval from the OCC for a national trust bank charter. This marks a significant regulatory milestone for the crypto platform, potentially expanding its custodial and asset management capabilities.
TREE NEWS reports: A security researcher has discovered more than 50,000 Stripe API keys exposed in publicly accessible code repositories, posing a significant risk of unauthorized transactions and data breaches. The leaked keys, which include both secret and restricted keys, could allow attackers to access sensitive payment data and conduct fraudulent activities. Stripe has been notified and is working to revoke the compromised keys.
TREE NEWS reports: Robinhood CEO Vlad Tenev discussed the launch of Robinhood Chain, noting that the surge of meme coins was unexpected but that tokenized stocks are a key feature. He expressed long-term optimism for Bitcoin and addressed concerns about AI and stock market bubbles, as well as criticism of prediction markets.
TREE NEWS reports: A Stanford professor released a ranking of venture capital firms, revealing that the top 5% of VCs generate 90% of industry profits. The ranking also highlights 21 new firms breaking into the top 100, indicating a shift in the venture landscape.
TREE NEWS update: Wintermute’s short positions on Hyperliquid grew to $190.77M, with $44.58M added, while transferring 3,834 BTC ($256.8M) to Binance this week. Some traders view this as bearish pressure, but others argue it’s delta-neutral funding arbitrage or inventory hedging. Despite current floating losses, the address remains profitable overall.
TREE NEWS reports: A whale executed a leveraged long position on BNB by withdrawing 8,474 BNB worth $5.9 million from a lending platform and borrowing 2.6 million USDT. The move indicates bullish sentiment on BNB amid market volatility.
TREE NEWS update: DGrid AI’s token $DGAI will conduct its Token Generation Event (TGE) on August 24 and simultaneously list on OKX Boost, Bitget, Gate, Kraken, and other exchanges. This marks a significant milestone for the project’s ecosystem expansion.
TREE NEWS reports: Coinkite released firmware versions 5.6.1 and 1.5.1Q that require user-supplied entropy (dice rolls or coin flips) for every new seed, following a vulnerability that compromised seeds generated on earlier versions. The update does not repair seeds already created on affected firmware, leaving users with potentially compromised wallets.
TREE NEWS update: Crypto exchange BitMart has hired White & Case and floated a phased restart alongside creditor distributions, days before its final trading day. Users report blocked withdrawals, signaling potential financial distress.
TREE NEWS reports: Spot bitcoin and ether ETFs saw their best week since October 2025, taking in $2.6 billion as trading volume more than tripled. Despite the surge, both categories remain negative year-to-date, with a $5.7 billion drop trimmed but not erased.
TREE NEWS update: Secret Network has issued approximately 1.079 billion SCRT tokens, representing a supply dilution of about 75%. This significant minting event raises concerns about the impact on token value and network economics.
TREE NEWS update: On Hyperliquid, the largest short position on the LIT token urgently added $2.5 million in margin, but still faces an unrealized loss of $5.6 million. This highlights the risks of high-leverage trading on decentralized perpetual exchanges.
TREE NEWS reports: Arthur Hayes predicts that in the current market rebound, Ethereum (ETH) will outperform all other large-cap cryptocurrencies. He suggests that ETH’s strong fundamentals and market positioning make it the top pick for this cycle.
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