TREE NEWS reports: Elon Musk forecasts that artificial intelligence could drive global economic growth by 20% to 30%. The statement highlights the transformative potential of AI on a macroeconomic scale.
TREE NEWS update: A whale trading ETH in bands has closed out their position after making over $1 million in profit over two weeks. The trader’s successful strategy highlights ongoing opportunities in the volatile crypto market.
TREE NEWS reports: Robinhood Chain’s stock-paired meme coins have outpaced stock tokens as its leading RWA trading asset, with August 31 trading volume reaching $93.1 million, up $20 million day-over-day. Notable projects include AI/NVDA and BONER/HIMS. Meanwhile, PONS and AI tokens have hit market caps of $420 million and $270 million, respectively, fueling diverse yield and leverage strategies.
TREE NEWS update: Prediction market Kalshi suspended North Carolina candidate Bakert after he bet on his own victory. The move raises questions about market integrity and self-dealing in political prediction markets.
TREE NEWS update: Taiwan’s AI stock boom has fueled a surge in borrowing to invest, prompting regulatory warnings about risk. Authorities caution investors against excessive leverage as the market heats up.
TREE NEWS reports: Chinese tech entrepreneur Zhou Hongyi urges the formation of a comprehensive system for AI vulnerability discovery and intelligent agent security. He emphasizes the need for proactive measures to address emerging risks in AI systems.
TREE NEWS update: Kalshi suspended North Carolina Republican Laurie Buckhout for three years after she bought less than $1,000 of contracts on her own congressional race. The prediction market platform said the trades violated its rules against self-dealing. Buckhout’s campaign did not immediately comment.
TREE NEWS reports: OKX announced it will migrate its USDⓢ spot trading pairs, a move that may affect trading pairs denominated in USD stablecoins. The exchange will transition these pairs to a new structure, though specific details were not provided. This change is part of OKX’s ongoing efforts to optimize its trading infrastructure.
TREE NEWS reports: Tokenized real-world assets on public blockchains reached $37.29 billion (excluding stablecoins) as of August 3, with treasury and money market products at $16.16 billion. As assets move on-chain, industry focus shifts from what can be tokenized to whether holding a token guarantees ownership of the underlying asset. Matrixdock’s Eva Meng highlights settlement as key, citing a case where 32.148 XAUm was burned for a 1 kg LBMA gold bar within T+3, demonstrating the path from token to physical delivery.
TREE NEWS update: Two Thai businessmen have filed a lawsuit against Tether, the issuer of USDT, over the freezing of $42.4 million in USDT. The plaintiffs allege that the freeze was unjustified and has caused them financial harm. This legal action highlights ongoing concerns about the power of stablecoin issuers to freeze assets.
TREE NEWS reports: Binance Futures announced it will list several USDⓈ-M perpetual contracts tied to traditional finance (TradFi) assets. This move bridges crypto derivatives with real-world financial instruments, expanding trading options for users.
TREE NEWS update: Binance has added four new bStocks trading pairs to its spot and convert platforms, expanding access to tokenized stocks. This move reflects the growing integration of traditional assets into the crypto ecosystem.
TREE NEWS reports: French exoskeleton maker Wandercraft is raising €100 million at a €750 million valuation. The funds will support its commercial expansion and regulatory approvals for its walking assist devices.
TREE NEWS reports: Fed Chair Warsh’s Jackson Hole speech, repeating 2% inflation target and citing inflation 30 times, triggered a market repricing dubbed a ‘verbal twist operation.’ Short-term yields rose (1-year to 4.13%) and long-term yields briefly fell, but 30-year yields closed flat as investors focused on over $10.5 trillion in maturing debt and $2 trillion in new deficit financing over the next year. Gold fell 3.7%, silver 6.5%, and bitcoin dropped.
TREE NEWS update: The price of AI tokens has plummeted to an all-time low, halving from its May high. This decline reflects broader market sentiment and profit-taking in the crypto AI sector.
TREE NEWS reports: A crypto whale is accumulating HYPE tokens, holding 155,980 units with zero sales, and continues to buy using $4.34 million in USDC. This indicates strong conviction in the asset, potentially influencing market sentiment.
TREE NEWS reports: US spot Bitcoin ETFs reduced their year-to-date net outflows by 66% as Bitcoin gained about 25% in August, marking their best month of 2026. Ether ETFs turned positive YTD at $732 million, while XRP ETFs reached $502 million.
TREE NEWS update: Bitget has introduced a spot trading campaign for GitLab (GTLB) stock tokens, offering a total prize pool of 20,000 USDT. Users completing rGTLB/USDT trading tasks can earn blind box draws with 100% win rate, receiving rGTLB vouchers worth 0.02 to 20 coins each. The event runs from September 2 to 6.
TREE NEWS reports: MiniMax became the most popular Hong Kong stock among mainland investors in August, with southbound net buying reaching HK$10.6 billion. The surge reflects strong interest in the AI company’s shares.
TREE NEWS update: Prospect Markets has signed an agreement with Crypto.com to launch a prediction market in the United States. The partnership aims to offer event-based trading products to US users, leveraging Crypto.com’s platform.
Daily briefs, flash news and in-depth research from the TREE NEWS desk — free, straight to your inbox.