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.
Amundi, an asset manager with over $3 trillion, significantly increased its investment in Michael Saylor’s MicroStrategy, now holding $125 million worth of MSTR shares.
Bitwise invested $1.52 million in HYPE, which is currently trading around $54.88, with key support levels holding firm.
Despite July CPI figures, a Bank of America executive maintains expectations for three additional interest rate hikes by the Federal Reserve.
Asset manager Amundi has more than doubled its stake in Michael Saylor’s MicroStrategy, now holding $125 million worth of MSTR stock.
Metaplanet and Hut 8 have transferred a significant amount of Bitcoin, totaling $278.66 million, raising questions about potential sell-offs or strategic reshuffling.
Coinbase is launching over 170 regulated derivatives contracts for eligible UK-based professional clients, expanding its product offerings in the region.
4 Strategy asserts its debt remains secure, even if Bitcoin’s price experiences a significant decline to $21,000.
Santander maintains its forecast for two Federal Reserve interest rate increases this year, one in September and another in December.
Binance users should be aware that certain services will experience temporary interruptions and shutdowns throughout the upcoming week.
Wintermute plans to allocate up to $1 billion over five years for AI data center infrastructure and high-frequency trading as it expands into TradFi.