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.
AI Financial reported a substantial $271 million loss, directly linked to the significant depreciation in the value of its WLFI asset.
Monad’s eBTC market experienced fallout following a crypto hack, mirroring concerns seen in previous exploits, highlighting security vulnerabilities.
Cryptocurrency exchange KuCoin announced significant progress on its $2 billion trust initiative, highlighting the attainment of important industry certifications.
The percentage of Bitcoin supply in profit has risen to 63%, but the Short-Term Holder SOPR metric has failed to remain above 1.0.
Bitcoin surged back to the $77,000 mark as traders reacted to former President Trump’s decision to “freeze” response actions related to Iran.
A recent post-quantum cryptography test on BNB Chain resulted in a significant 40% reduction in Binance Smart Chain’s transactions per second.
AI Financial, a WLFI treasury firm, reported a $271 million quarterly net loss, casting uncertainty on its survival within the next year.
Bitcoin ETFs experienced significant outflows totaling $648 million this past week, driven by analysts’ concerns over declining investor demand.
Solana’s cryptocurrency has failed to maintain its upward trend, with technical indicators suggesting a potential fall to the $78 support level.
Solana’s Gross Domestic Product has surged to $342 million, while the Real World Assets market capitalization on the chain has surpassed $2 billion.