ETH rallied nearly 6% on Monday as BitMine reported another massive purchase of 208,137 ETH, boosting the total value of its ETH holdings above $3 billion.

Ether-stacking BitMine crosses $3B milestone as ETH rallies 6%

Capital B (The Blockchain Group), an artificial intelligence and bitcoin 
treasury company listed on Euronext Growth Paris, has confirmed the 
acquisition of 62 BTC for approximately $7.2 million (about €6.2 million). 
Following this acquisition, the company now holds a total of 2,075 BTC. 
Additionally, Capital B reported a remarkable Bitcoin yield of 1,446.3% year- 
to-date (YTD), […]

Capital B Acquires 62 Bitcoin, Boosting Total Holdings to 2,075 BTC

Barry Silbert has made a notable return to Grayscale Investments, the asset 
management company and crypto exchange-traded fund (ETF) issuer, as chairman, 
just weeks after the crypto asset manager filed confidentially for an initial 
public offering (IPO) in the US. Silbert, who founded Grayscale in 2013, takes 
over from Mark Shifke, who will remain on the board as the company prepares 
for its future as a publicly traded entity. This leadership transition also 
coincides with Grayscale’s plans to bring in independent directors to 
strengthen its governance. New Executive Team At Grayscale In a significant 
move to bolster its executive team, Grayscale has appointed four professionals 
with extensive backgrounds in traditional finance (TradFi). According to the 
firm’s announcement made on Monday, the new hires include Diana Zhang as Chief 
Operating Officer, Ramona Boston as Chief Marketing Officer, Andrea Williams 
as Chief Communications Officer, and Maxwell Rosenthal as Chief Human 
Resources Officer. Related Reading: Top Analyst Says Bitcoin Is Trapped: 
‘Nothing To Do Until October’ These executives join Grayscale from firms such 
as Bridgewater, Apollo, Goldman Sachs, and Citadel, reporting directly to CEO 
Peter Mintzberg, who has been at the helm since last year. Mintzberg stated: 
This blend of institutional rigor and entrepreneurial drive shapes every 
aspect of how we operate at Grayscale, enabling us to deliver clients 
innovative investment strategies with the operating integrity they expect from 
a trusted partner. Silbert’s return comes at a critical juncture for the 
company, following a turbulent period marked by regulatory scrutiny. He 
stepped down as chairman in late 2023, just before the US Securities and 
Exchange Commission’s (SEC) ruling on spot Bitcoin ETFs, including Grayscale’s 
long-standing effort to convert its Bitcoin Trust (GBTC) into an ETF. Around 
the same time, Silbert’s parent company, Digital Currency Group (DCG), faced 
legal challenges from New York’s attorney general regarding the collapse of 
crypto lending company Genesis, and its connections to crypto exchange 
Gemini’s Earn program, with Silbert himself named in the lawsuit. Regulatory 
Headwinds In his statement following the announcement, Silbert expressed his 
enthusiasm about rejoining Grayscale, emphasizing his belief in the company’s 
direction and the team leading it. Silbert noted: When I founded Grayscale in 
2013, we saw an enormous opportunity to pioneer a new model for accessing and 
investing in digital assets, and to build the operational infrastructure that 
investors would ultimately demand. Today, I continue to have deep conviction 
in the company’s long-term positioning and in the leadership team guiding it 
forward. Related Reading: Analyst Warns XRP Investors Not To Let Fear Dictate 
Moves As Long As Price Holds This Level Grayscale currently manages over $35 
billion across a variety of crypto investment products, including spot Bitcoin 
and Ethereum ETFs, as well as diversified digital asset funds. Earlier this 
year, DCG reached a $38 million settlement with the US Securities and Exchange 
Commission over allegations of misleading investors through Genesis Global 
Capital, a subsidiary of DCG. The settlement adds to the ongoing regulatory 
challenges faced by DCG, as New York Attorney General Letitia James has also 
sued Gemini, Genesis, and DCG over a crypto lending program, alleging they 
defrauded over 29,000 New Yorkers while concealing $1.1 billion in losses. 
Featured image from Fortune, chart from TradingView.com

Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO

After an impressive run-up back in July, the Dogecoin price as suffered a 
slowdown, just like the rest of the market. With this, the bears seem to have 
reclaimed control once again, pushing Dogecoin deeper into loss territory 
after taking out an important position at $0.2. Nevertheless, the current 
decline seems to pale in comparison to the bullishness that continues to 
dominate among investors, with the expectations that this correction will be 
only temporary. Dogecoin Price Still Showing Signs Of Bullishness According to 
an analysis shared by crypto analyst KrissPax, the Dogecoin price may be down 
right now, but it is not out of the game. This is because the meme coin is 
currently the subject of a bullish formation as it travels down to retest a 
level that has previously led to a massive price surge in the past. Related 
Reading: Satoshimeter Shows Where Bitcoin Price Is In This Cycle The crypto 
analyst pointed out that the Dogecoin price is expected to fall below 30 on 
the 4-Hour RSI chart again, and historically, such a decline has led to a 
recovery. The last time that the RSI fell below 30 on the 4-Hour chart was 
back in June 2025, and what followed was an over 70% recovery in the next 
month. Using this historical performance, the Dogecoin RSI falling below 30 
once again could end up registering a similar performance. The only difference 
this time around is that the prices are at different levels, which points to a 
major difference in where the highs of the uptrend will be. Last time the RSI 
was this low, the price was trading at the $0.14 level. This time around, the 
analyst explains that Dogecoin sitting at $0.2 means that there is a higher 
low. The good thing about the formation of higher lows is the fact that they 
often lead to higher highs. In the event of another 70% increase in price from 
here, Dogecoin could end up rallying as high as $0.34 before it loses steam. 
However, this would still put it at more than 50% below its all-time high of 
$0.74, which was hit back in 2021 and has remained the peak for the meme coin. 
Related Reading: Market Cap Not A Hindrance To XRP Price Reaching $1,000, 
Expert Explains Why As for the performance of the altcoin so far this month, 
after closing the month of July with a 27.1% gain, Dogecoin has already begun 
to give some of the gains back to the market. Data from CryptoRank shows that 
the cryptocurrency is already down by 5.31% this month and climbing. This is 
not out of the ordinary, as the month of August has historically been one of 
the most bearish months for the Dogecoin price. In fact, if the trend holds, 
then DOGE investors could be looking at an average of -10% decline this month 
and a close in the red. Featured image from Dall.E, chart from TradingView.com

Dogecoin Price Is Approaching 4HR RSI Level That Triggered Previous 70% Rally

North Korean IT workers are using fake identities to infiltrate crypto firms 
and steal millions worth of digital assets through remote job scams, 
cybersecurity researchers at Google Cloud and Wiz have warned. Separate 
reports published by the firms have tracked…

North Korean IT workers are using remote jobs to infiltrate crypto companies: report

The CEO of South Korean exchange Bitsonic, Shin Jinwook, has received an 
extension to his seven-year prison sentence after authorities found evidence 
of fraud amounting to at least 100 million won or $72,000. On August 5, Judge 
Seong Gi-jun of…