Author: Isabella Taylor

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…

MemeCore has surged 24.14%, confirming a breakout above a key range high. The move signals an active bullish Elliott Wave count with further upside in play if key levels hold. Summary MemeCore is in Wave 3 of a bullish Elliott Wave sequence targeting $0.77. $0.62 is the key resistance to flip for continuation. $0.52 serves as the ideal corrective support if Wave 4 begins. After trading sideways for weeks, MemeCore has now confirmed a structural breakout with strong impulsive momentum. The price held a critical support zone before launching into a rally that now challenges major resistance. Technical confluence supports…

The DEX captured 55.5% of stable-stable swap volume on Ethereum, Base, Arbitrum, and Polygon. Dune data shows Fluid handled more volume compared to all DEXs combined. FLUID tokens surged over 15% in the past day amidst investor interest. Cryptocurrencies remain elevated today as Bitcoin reclaimed $115,000 after approaching $112,000 on Saturday. Ethereum steadies above $3,600 as XRP regains the $3 mark. Meanwhile, lesser-known FLUID grabbed attention with a 15% increase over the past day as Fluid DEX dominated the DeFi scene. Fluid decentralized exchange accounted for 55.5% of stablecoin-for-stablecoin trading volume on Ethereum, Base, Arbitrum, and Polygon on August 3…

The crypto market rose on Monday, continuing a trend that began on Sunday, when Bitcoin and most altcoins crashed. Bitcoin (BTC) price jumped to $115,300, up from the weekend low of $112,000. Other altcoins, especially Spark (SPK), MemeCore (M), Mantle (MNT), and Sei (SEI) were among the top gainers. The market cap of all coins jumped to over $3.78 trillion.  Crypto market rally ahead of Bullish IPO One of the top news stories driving the crypto market rally is that Bullish, an exchange backed by Peter Thiel, is eyeing a $4.2 billion Initial Public Offering. The company aims to raise…

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…

U.S. stocks edged higher on Monday as investors began the week on an upbeat note following last week’s sharp sell-off amid weak jobs data and tariff jitters. Summary Stocks rose on Monday as investors flipped upbeat following the sharp sell-off seen on Aug. 1. Dow added 300 points, while S&P 500 and Nasdaq edged higher. Global trade and U.S. economy concerns remain. The Dow Jones Industrial Average was up nearly 300 points, while both the S&P 500 and Nasdaq rose 0.8% and 0.95%, respectively, as Wall Street searched for fresh footing. Slight gains across the major indices came after equities…

The RWA sector is killing it today, with XLM, INJ, and ONDO showing renewed momentum after recent pullbacks. Here’s how each stacks up for potential gains in the short term. Summary XLM: Rebounding from local support at $0.36; eyes 27% upside to $0.52 if uptrend continues. INJ: Testing 20 EMA at $13.10; 22% potential to $16 breakout level and 90% upside if $25 measured move target is hit. ONDO: Bounced from $0.84 support; 30% potential gain to retest $1.20. The Real World Asset narrative is leading the crypto market today, with RWA tokens showing strong gains across the board. Notably,…

A Coinbase UK ad campaign was abruptly shut down after TV networks refused to air it, and the exchange’s CEO isn’t staying quiet. Summary Coinbase CEO Brian Armstrong criticized UK broadcasters for blocking the company’s recent crypto ad campaign. Armstrong said the decision reflects outdated perceptions of crypto in the United Kingdom. The UK’s lack of clear crypto rules has drawn criticism from experts. Some community members have condemned the tone of the Coinbase campaign. In an August 4 post on X, Coinbase CEO Brian Armstrong condemned the United Kingdom’s ban on its latest advertisement, saying its message must have…