Author: James Wilson

As RWAs cement themselves as crypto’s second-fastest-growing sector, a who’s-who of fintech and blockchain heavyweights are launching Ascend, a hyper-selective program designed to turn startups into the standard-bearers of institutional adoption. Summary Ascend is a new elite accelerator for real-world asset (RWA) startups with live products and institutional goals. Backed by Odisea, Plume, Galaxy Ventures, and Anchorage Digital, it will admit only 6–8 teams per cohort. According to a press release shared with crypto.news on August 4, Odisea has teamed up with an all-star roster of backers, including Plume, Galaxy Ventures, and Anchorage Digital, to launch Ascend, an accelerator exclusively…

OpenMind plans to create a decentralized operating system for smart machines. Summary OpenMind obtained $20M in funding, led by Pantera Capital Other backers include Coinbase Ventures, DCG, and more The startup plans to create an open-source OS for robotic intelligence Crypto and robotics may soon become a powerful synergy. On Monday, August 4, Pantera Capital led a $20 million funding round in OpenMind. Other investors include Coinbase Ventures, DCG, Ribbit, Lightspeed Faction, Pebblebed, Topology, among others. The firm, whose CEO is Stanford professor Jan Liphardt, is working on FABRIC, creating a decentralized operating system for robots. “If AI is the…

Grayscale Investments has announced the return of founder Barry Silbert as board chairman in  a move that also saw the digital asset manager expand its management team with new board hires. Summary Grayscale founder Barry Silbert has rejoined the company as board chair. The company has also hired four other members to join the management team. Barry Silbert’s return comes as Grayscale prepares for the company’s next phase of growth, according to an announcement.  As well as Silbert, Grayscale has added four new faces to its C-suite team, with Diana Zhang as chief operating officer, Ramona Boston as chief marketing…

Bitcoin’s recent price moves have closely followed a two-year Fibonacci model. According to analyst CryptoCon, the next logical level could be around $166,000. Summary Bitcoin has consistently followed Fibonacci extension levels since bottoming at $15,500 in late 2022, with key pauses at $30,362, $46,831, $71,591, and $109,236. Crypto analyst CryptoCon projects $166,754 as the next logical level based on the 5.618 Fibonacci extension, which fits the cycle’s prior 52–54% spacing pattern. Institutional demand, particularly from U.S. spot Bitcoin ETFs now holding nearly $150 billion in assets, continues to support upward price pressure. Analysts warn of possible short-term pullbacks, with seasonal…

The Ether Machine’s latest $40 million acquisition pushes its treasury to 345,362 coins, but the real question isn’t “how much?”, it’s “what’s next?” With staking, restaking, and DeFi strategies in motion, the firm is turning its holdings into an active financial engine. Summary The Ether Machine’s treasury surpasses 345,000 ETH after a $40 million buy, now totaling $1.2 billion in ETH holdings. The firm competes with BitMine and SharpLink in a growing corporate arms race for influence over Ethereum’s capital layer In a press release dated August 4, The Ether Machine announced its subsidiary, The Ether Reserve LLC, had acquired…

Verb is making an audacious play, raising half a billion to become the biggest public holder of Toncoin. The oversubscribed deal, led by crypto heavyweights, suggests institutions see TON as the next big reserve asset. Summary Verb Technology raises $558 million to become the largest public holder of Toncoin. VERB stock jumps 100% after the oversubscribed PIPE round backed by Kingsway Capital, Blockchain.com, and over 110 investors. The firm plans to rebrand as TON Strategy Co. and stake its TON holdings for yield. On August 4, Nasdaq-listed Verb Technology Company Inc. announced it had secured roughly $558 million through an…

The social media rumor mill once again started circulating news of a supposed fresh Chinese ban on all crypto assets. Summary Rumors on social media suggest that China bans crypto Similar rumors circulated in the past There were no notable changes in Chinese crypto policy If you follow the crypto community on X, it seems like China bans crypto every few months. On August 3, several social media accounts reported a supposed Chinese ban on crypto assets. These accounts claimed that the ban applies to both crypto trading and mining, as well as “related services.” X post suggesting that China…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Quid Miner has launched a mobile-first cloud mining platform, giving users in 180+ countries an easy way to earn crypto daily, no hardware or expertise required. Summary Quid Miner is a mobile-first cloud mining platform active in over 180 countries, offering hands-free crypto earnings with zero hardware needed. It supports major coins like BTC, ETH, XRP, DOGE, and LTC, with AI-based mining for maximum returns. Users get $15 in free credits, can start in minutes, and choose from various…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As memecoin mania returns, Dogecoin and newcomer Pepeto are taking center stage, one with legacy, the other with infrastructure and upside. Summary Dogecoin is showing bullish signs but faces a $10 ceiling due to market cap constraints. Pepeto, still in presale, offers real infrastructure and high-risk, high-reward potential. Traders see Pepeto as a serious contender in the evolving memecoin market, beyond hype alone. The memecoin market is heating up again, and as the altseason narrative catches traders’ attention, two…

Ethena surged over 140% in July, but an upcoming token unlock and whale exits now threaten to reverse its gains. Summary Ethena surged over 140% in July, driven by protocol growth, stablecoin expansion, and a major buyback announcement. A $103.6 million token unlock scheduled for Aug. 5 and whale sell-offs have raised concerns over short-term price pressure. ENA is currently trading near a key support level within a bearish wedge pattern. According to data from crypto.news, Ethena (ENA) was trading at $0.61 at press time, marking an 11% gain over the past 24 hours. The latest jump extends its 30-day…