Author: 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.
Figure’s loan marketplace achieved $4.3 billion in volume during the second quarter, while the company’s profit nearly tripled year-over-year.
TRON’s stablecoin market capitalization has exceeded $1 billion, outpacing other blockchain networks in recent growth.
XRP’s price fell to its lowest point since November 2024, down 69% from its January 2025 peak, while active wallet addresses increased.
Ethereum Foundation researcher Justin Drake announced the EF will drop Poseidon for SHA or BLAKE hashes, marking a milestone for post-quantum security.
Hyperliquid announced a 250% increase in net income, reaching $30.95 million for the second quarter, contributing to a rally in its HYPE token.
Despite a 50% crypto market decline, Wall Street institutions are reportedly making significant investments, according to Matt Hougan.
$RDDT stock experienced a nearly 30% surge from its support level, driven by the announcement of its inclusion in the S&P 500 index.
The largest on-chain Bitcoin bear, 0x66f8, closed a 2,136 BTC short position for a $1.65 million profit and opened a 40x leveraged long position.
The SEC issued a no-action letter allowing Franklin Templeton’s traditional funds to hold shares of its onchain BENJI fund for cash management.
A large investor, dubbed a ‘whale’, has placed approximately $203.47 million in limit short orders for SpaceX token (SPCX) at prices between $141.93 and $142.90.