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.
Visa and Brale have successfully tested privacy-enabled stablecoin settlements using SBC on the Canton Network, showcasing new settlement capabilities.
Broadcom’s stock experienced a 15% decline following a record financial quarter and strong AI revenue, surprising investors and analysts.
Cardano founder Charles Hoskinson cautioned about a potential “wave of failures” for the blockchain, sparking anger within his own community.
Bitwise estimates SpaceX’s potential IPO valuation could match the current market capitalization of Bitcoin and other cryptocurrencies, excluding stablecoins.
Bitcoin fell 17% from $74,000 to $61,556, triggering $4.47 billion in liquidations. Analysts eye the $50,000 range as a potential bottom.
Coinbase has launched its new pre-IPO market, enabling trading of private shares. SpaceX is the first company featured on the platform.
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Bitcoin traders target $61,300 support as technical signals suggest a potential drop to the high $50,000s. RSI hits 17 as selling pressure intensifies.
Bernstein initiated coverage on TeraWulf and Cipher Digital, citing potential for significant AI revenue growth by 2030.
FG Nexus has offloaded an additional $17.8 million worth of Ether, accumulating treasury losses that now exceed $100 million.