Jun 19, 2026 · 1:51 PM
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Ron Patel

Ron Patel covers cryptocurrency markets, blockchain developments, and digital asset news for Startup Fortune. With a background in financial journalism and over eight years tracking crypto markets through multiple cycles, Ron brings analytical perspective to Bitcoin, Ethereum, and emerging token ecosystems.
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Bitcoin hits $118,000 and the internet is flooded with traders confessing how much they sold and why they wish they hadn't
Ron Patel ·
Bitcoin hits $118,000 and the internet is flooded with traders confessing how much they sold and why they wish they hadn't
Bitcoin's climb to a new all-time high of $118,000 has sparked a viral wave of confessions from early holders detailing how much they sold and why they regret it. With 2.5 million BTC unmoved for over five years and institutional inflows running at record levels, the supply picture has fundamentally shifted. The psychological fallout from early selling is now shaping how a new generation of holders approaches the asset entirely.


Retail investors flooding social media with gold sale questions signals a potential market top as prices hover near historic highs
Ron Patel ·
Retail investors flooding social media with gold sale questions signals a potential market top as prices hover near historic highs
A viral social media trend of retail investors asking whether they got a fair price selling gold has emerged alongside spot prices near $3,000 per ounce and a volatile macro backdrop. The wave of liquidations from long-term holders is creating technical resistance at current levels, with analysts watching next week's Core PCE data for the next directional signal.





Pension funds are quietly buying Bitcoin on behalf of millions of workers who never got a vote
Ron Patel ·
Pension funds are quietly buying Bitcoin on behalf of millions of workers who never got a vote
State pension funds including Wisconsin and Michigan have quietly allocated hundreds of millions in retirement savings to Spot Bitcoin ETFs, giving public employees involuntary cryptocurrency exposure. The SEC's 2024 approval of Spot Bitcoin ETFs opened a regulatory door that trustees walked through without consulting beneficiaries. The shift marks a structural turning point for digital assets, but raises sharp questions about governance and fiduciary accountability.

Ron Patel ·
No, Kelp DAO's rsETH Was Not Hacked for $100 Million
Claims of a $100 million Kelp DAO rsETH exploit lack any supporting on-chain evidence or official confirmation. The protocol appears fully operational and the report is likely unfounded.


Ron Patel ·
US Treasury Sanctions Target Iran's Iraq Proxy Network
The US Treasury has sanctioned seven Iranian-backed militia commanders in Iraq, shifting focus to financial warfare. This move pressures Baghdad and impacts global energy markets.


Failed startups are becoming data mines as AI companies bid on bankruptcy archives of Slack chats and emails
Ron Patel ·
Failed startups are becoming data mines as AI companies bid on bankruptcy archives of Slack chats and emails
AI developers are outbidding traditional buyers at bankruptcy auctions to acquire the internal Slack archives, emails, and chat logs of failed startups, valuing them as rare sources of authentic human reasoning data. The practice has spawned a new class of data broker and is driving premiums of 30 to 50 percent above standard liquidation prices. But it raises unresolved questions around employee consent, privacy law, and the long-term quality of models trained on recycled data from a previous te

Ron Patel ·
USS Torsk: From WWII Museum to Modern Warfare Reality
A March 2026 torpedo strike on an Iranian warship ended an 80-year drought in US submarine combat, thrusting the WWII-era USS Torsk museum back into relevance and signaling a shift toward conventional naval warfare.


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