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.
Tether is ending its gold-backed stablecoin experiment, known as XAUT, with the stablecoin set to be discontinued in 37 days.
Tether is ending its gold-backed stablecoin experiment, known as XAUT, with the stablecoin set to be discontinued in 37 days.
The Bitcoin carry trade has surpassed Treasury yields, offering a 7.89% return, prompting speculation about Wall Street’s potential shift in investment strategy.
A company backed by Peter Thiel is reportedly facing a challenging second quarter ahead of its earnings report, suggesting potential financial headwinds.
Gold prices climbed to a two-month peak exceeding $4,400 per ounce, driven by sustained buying activity and hoarding from China.
XRP’s price dipped below $1, a level not seen since earlier in 2024, after a security breach on the Coreum bridge.
Luke Dashjr was removed from his Bitcoin Improvement Proposal editor role following a significant controversy surrounding BIP-110.
Russia has authorized the trading of Bitcoin, Ethereum, and USDT, but notably excluded XRP from the approved list of digital assets.
TD Cowen suggests the SEC could soon propose ‘pivotal’ cryptocurrency regulations, potentially beginning with a token safe harbor framework.
Russia’s central bank has drafted guidelines to permit retail investors to trade Bitcoin, Ethereum, and Tether, with annual limits set via intermediaries.