TREE NEWS update: IgnoreCoin, a meme token on BSC, saw its market cap exceed $1.03 million after Binance founder CZ mentioned ‘Ignore coins’ in a post. The coin’s shield logo with ‘IGNORE’ has become a meme, reminding investors to stay calm amid market noise. This highlights the speculative nature of meme coins.
TREE NEWS update: Binance will distribute dividends for Applied Materials (AMAT) and Microsoft (MSFT) through its bStocks platform, enabling tokenized stock holders to receive payouts. This move highlights the integration of traditional equities with crypto infrastructure, though it remains a routine operational update rather than a major industry event.
TREE NEWS reports: Chipmaker CXMT surged over 10% intraday, while AI video platform Higgsfield raised $400M at a $5.4B valuation. Goldman Sachs suggests markets are too hawkish on Fed rate hikes, and Glassnode notes capital flows to equities and AI, not BTC. Analyst data shows ETH whale cost basis concentrated between $1900-$2400, and Duquesne disclosed a $23M stake in HYPE treasury firm.
TREE NEWS reports: OKX has launched the second season of its ‘OKX Prophet’ event, featuring a total prize pool of $600,000. The initiative aims to engage users in prediction activities, though it does not directly involve RWA tokenization or major market milestones.
TREE NEWS update: Binance founder CZ admitted his earlier dismissal was wrong, as many users find hiding tokens a valuable wallet feature. Trust Wallet already supports this, but the option is buried under five clicks, prompting CZ to predict a UX optimization soon.
TREE NEWS reports: Binance announced it will distribute dividends for Applied Materials (AMAT) and Microsoft (MSFT) to holders of AMATB or MSFTB via bStocks. After withholding taxes and fees, net cash dividends will be reinvested into additional units or fractional shares of the underlying securities. The snapshot is scheduled for August 20, 2026, at 08:00 (UTC+8).
TREE NEWS reports: Polymarket prediction market shows the probability of the US and Iran extending their 60-day negotiation period has fallen to 5%, down 27% over the week. The market will settle as ‘Yes’ only if both parties officially announce an extension before August 20, 23:59 ET.
TREE NEWS reports: a16z’s analysis highlights that neocloud companies like CoreWeave and Nebius, pivoting from crypto mining to AI infrastructure, are experiencing rapid revenue growth but face profitability challenges due to massive capital expenditures and depreciation. The article also discusses SaaS resilience, AI model routing efficiency, and talent competition among AI labs.
TREE NEWS update: OKX has officially launched the second season of ‘OKX Prophet’, offering users a $600,000 prize pool for predicting real-world events like football, esports, macro, and F1 using free XP. The event, settled on X Layer, continues from the first season during the World Cup, with transparent settlement records available on-chain.
TREE NEWS update: As AI rapidly evolves, the scarcest resources are shifting to inspiration, attention, judgment, and independent thinking. The article outlines five essential habits to maintain human agency and cognitive health, including digital detox, optimizing human-AI collaboration, avoiding over-reliance, and preserving creative taste. It warns that over-dependence on AI risks losing the ability to think independently.
TREE NEWS update: Higgsfield, an AI company, has secured $400 million in funding at a $5.4 billion valuation, with support from Goldman Sachs and Intel. This significant investment underscores growing interest in AI infrastructure and its potential intersection with blockchain and tokenization.
TREE NEWS reports: Bitcoin is in a consolidation phase, with key support at $60,950-$61,500; a breakout above $67,300 could target $69,500-$71,000. HYPE has established a daily rebound, with resistance at $58-$58.5; a sustained move above could signal further upside. Technical analysis suggests the current adjustment is nearing its end, with a higher probability of stabilization above support.
TREE NEWS reports: Hyperliquid will launch its USDC reserve revenue-sharing mechanism on August 26, allocating proceeds to repurchase HYPE tokens. The initiative is projected to contribute $200 million annually to buybacks, enhancing token value. This move integrates real-world asset yields into DeFi, signaling convergence of traditional finance and crypto.
TREE NEWS reports: Blockstream is launching its own Blockstream Swaps service, currently in beta testing. The service aims to enhance Bitcoin-based trading capabilities.
TREE NEWS update: Ethereum spot ETFs recorded a net outflow of $2.26 million last week, with BlackRock’s ETHA seeing the largest outflow of $16.39 million. This marks a continued trend of investor withdrawals from ETH-based products.
TREE NEWS reports: Recent data indicates that capital rotation is bypassing Bitcoin, leading to a continued weakening of on-chain support structures. This suggests reduced buying pressure and potential downside risks for the leading cryptocurrency.
TREE NEWS update: VIC token dropped over 46% in the last 24 hours, while ACE gained more than 21%, according to market data. The sharp moves highlight ongoing volatility in the crypto market.
TREE NEWS update: Data shows that Solana spot ETFs recorded net inflows of $10.26 million last week, indicating growing institutional interest. This marks a positive trend for SOL as an asset class.
TREE NEWS update: Bitcoin spot ETFs recorded a net outflow of $390 million last week, with Fidelity’s FBTC leading the exodus at $153 million. This marks a notable shift in investor sentiment toward crypto-linked products.
TREE NEWS reports: Duquesne Capital, led by Stanley Druckenmiller, has made its initial investment in Hyperliquid Strategies Inc, purchasing a $23 million stake. This marks a notable institutional entry into the crypto-focused investment space.
Subscribe to get important Web3 & AI updates from the TREE NEWS desk by email — free.