Author: Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
Ethereum is trading around $1.88K, consolidating below key moving averages and facing resistance near $1.9K after a recent price rejection.
Strategy CEO Phong Le stated plans to resume Bitcoin accumulation before the end of 2026, despite recent sales reducing holdings to 840,447 BTC.
BlackRock has opened its Bitcoin ETF (IBIT) to investors, significantly increasing its H100 holdings amid Bitcoin’s trading around $64,000.
A senator reportedly stated he personally witnessed all 147 million ounces of gold stored within Fort Knox, raising questions about its actual contents.
Major cryptocurrency company CEOs, including those from Coinbase and Grayscale, will attend an Innovation Advisory Committee meeting with the CFTC on August 20.
Keel CEO, formerly a Bitcoin proponent, now sees greater value in artificial intelligence and aims to pivot the company’s strategy towards AI development.
Riot Blockchain is selling Bitcoin to fund a $9.1 billion AI data center lease, with initial construction costs expected before rent begins in 2027.
Anthropic has been identified as the leading AI lab involved in Riot’s substantial $9.1 billion investment, underscoring its significant role in the burgeoning AI sector.
Ripple’s XRP cryptocurrency fell below the $1 mark, prompting debate among analysts about a potential collapse or a hidden buying opportunity.
OpenAI’s only dedicated ethicist has left the company, and no replacement has been appointed, according to the Financial Times.