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.
Bitmine has increased its Ethereum holdings by 7,391 ETH in one week. The firm now possesses a total of 5.81 million ETH.
South Korean crypto exchange Upbit announced six new altcoin listings, causing significant price increases, with some altcoins experiencing up to a 30% jump.
Public company Strive has acquired 147 Bitcoin, valued at approximately $9.5 million, adding to its digital asset holdings.
Strategy has sold 1,690 Bitcoin, a move that generated $653 million through the sale of MicroStrategy (MSTR) shares. The transaction details were recently reported.
BitMEX will block new Bitcoin perpetual contract positions on Aug. 26, forcing existing open contracts to close by Sept. 23.
Solana’s price surged nearly 7%, breaking a five-week descending channel and potentially targeting $83 as demand increases.
Pump.fun’s native token, PUMP, saw an 11% price increase, with traders assessing its potential to surpass the $0.003 mark.
Bitdeer reported a significant increase in its Bitcoin mining output, achieving nearly a fivefold rise in the second quarter compared to the previous year.
MicroStrategy has sold additional Bitcoin, aiming to improve the financial standing and performance of its STRC stock.
Despite scaling back its most recent acquisition, Bitmine’s Ethereum holdings have surpassed 5.8 million coins, indicating substantial reserves.