🗞 Catch up on the news over the last 24 hours!
🔥 Nearly 94% of $XRP’s circulating supply now sits in profit as price hits above $3.
⚡️ BlackRock's Larry Fink appointed as the interim co-chair of the World Economic Forum.
🔥 Metaplanet bought another 775 $BTC worth $93M, bringing a total of 18,888 $BTC worth $2.18B in its holdings.
🇺🇸 Fed Chair Powell is set to speak on Friday, Aug. 22 at 10:00 A.M. ET on economic outlook and framework review.
🚨 Ethereum’s leveraged short positions hit a record-high.
🚨 ZachXBT says the WhiteRock engineer rumored to have “passed away by a missile” is still active.
🇭🇰 CMB International, a subsidiary of one of the world’s largest banks, has launched regulated crypto trading in Hong Kong.
🔥 Strategy bought 430 $BTC for $51.4M.
🇳🇱 Dutch firm Amdax to launch Bitcoin wealth company AMBTS, targeting 1% of $BTC long term.
🔥 Volkswagen Singapore partners with FOMO Pay to accept crypto payments for vehicles and services.
🚨 Kalshi markets put Gemini at 59% to be the top AI by end of 2025, vs ChatGPT (17%) and Grok (15%).
⚡️ Faraday Future has launched its C10 Crypto Treasury, targeting up to $1B in top 10 crypto assets as part of its new AI + Web3 strategy.
🚨The amount of $ETH on centralized exchanges has dropped to its lowest level in 9 years.
🚨 Michael Saylor’s Strategy Inc. will now allow stock sales at lower levels to raise money for buying more Bitcoin and covering expenses, Bloomberg reports.
🚨 Billionaire VC investor Chamath files for a $250M SPAC called “American Exceptionalism Acquisition Corp. A” targeting energy production, AI, DeFi and defense.
🇺🇸 Blockchain-based lender Figure Technology files for an IPO, with Goldman Sachs, Jefferies Financial Group, and Bank of America leading the offering.
🇺🇸 The US Treasury has issued a request for public comment on the GENIUS Act, seeking input on innovative methods to detect illicit activity involving digital assets.
Read more: ct.com
