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.
Bitcoin’s price declined by approximately 2%, falling below $64,000. Traders are closely watching the $63,900 support level ahead of the US inflation report.
Broadridge’s Distributed Ledger Repo platform facilitated $8 trillion in repo transactions during July, with average daily volumes increasing by 28% year-over-year.
Tether’s Alloy is winding down, with $50 million at risk for holders of aUSDT. The fate of pledged XAUT collateral remains unclear after the Sept.
UK lawmakers are pushing banks to grant easier access to financial services for crypto firms, citing it as a major growth impediment before new regulations.
The Bitget Protection Fund reported an average valuation of $351 million in July, benefiting from Bitcoin’s recovery which strengthened its reserves.
A US judge dismissed a criminal case against the Adani Group. Despite the ruling, stocks associated with the Adani Group experienced a fall.
Financial commentator Peter Schiff recommends selling Bitcoin and strategy stocks, citing a significant rise in gold prices above $4,400.
Bitcoin miner Riot Platforms secured a significant $9 billion lease agreement with AI firm Anthropic, expanding its revenue streams beyond cryptocurrency mining operations.
As the EU’s MiCA deadline passed, 1,062 EEA crypto firms failed to gain authorization, with many posing higher risk than approved competitors.
White House Crypto Council Director Patrick Witt confirmed the administration’s commitment to passing the CLARITY Act legislation this September.