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.
The creator of the ‘Dollar Smile’ theory suggests Japanese yen intervention may mark a currency market peak, questioning if 125 is the next target.
Bitcoin’s price is currently range-bound, with ETF inflows balancing out selling pressure. Upcoming inflation data may influence future price movements.
Strategy reports a substantial $4.6 billion cash reserve, projecting up to three years before significant Bitcoin sales pressure arises.
The CFTC has directed Kalshi to continue offering its prediction market services in New York following a state lawsuit filed against the exchange.
Despite a 29% market cap decrease, XRP wallets holding over 1 million tokens increased by 32 in the last three months, according to Santiment.
Coinbase has launched its derivatives trading services to professional clients in the United Kingdom, expanding its offerings in the region.
Approximately 18 million POL tokens linked to Polygon were sold, causing exchange supply to rise and potentially testing the $0.70 support level.
Crypto-friendly bank Erebor is negotiating a $1.5 billion funding round, aiming for a $9.5 billion valuation to expand lending services.
Supermicro’s stock experienced a 10% increase following the announcement of doubled profit margins and a record backlog of AI server orders.
The creator of the ‘Dollar Smile’ theory suggests that recent Yen interventions may indicate a market peak, questioning if 125 will be the next target.