Author: Michael Fawn
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.
SecondFi has finished its snapshot of wallets affected by the recent Cardano exploit, preparing for user refunds and recovery efforts.
Brad Garlinghouse warns MicroStrategy’s Bitcoin strategy creates negative value, calling Michael Saylor’s debt-fueled model financial engineering.
Jeremy Grantham, a prominent billionaire investor, has expressed extreme negative views on Bitcoin, calling it a “bubble” and “worthless.”
Vlad Tenev announces Robinhood layoffs of 290 employees on June 16, 2026, citing a 47% drop in Q1 2026 crypto trading revenue amid a market slump.
Sony has removed over 500 purchased movies from users’ PlayStation libraries, sparking debate about digital ownership and content availability.
Ethereum’s price has fallen below the $1,800 mark. This development raises questions about potential implications for investors and market sentiment.
China experienced its steepest decline in retail sales and investment since the pandemic, signaling economic challenges. Data shows a significant slowdown.
Average investors in spot Bitcoin ETFs, like IBIT, are experiencing approximately 40% losses, marking a significant downturn for the week.
Tether is expanding its gold reserve usage with Ledn’s support for XAUT, a tokenized gold product. Gold-backed loans are anticipated soon.
Chinese hedge funds have issued a warning, indicating that the current “super bubble” surrounding artificial intelligence is on the verge of collapsing.