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.
TD Cowen analyst David Bailey’s Nakamoto target price was cut by 58% following a revised bitcoin outlook by the firm.
FIFA stated the World Cup was clean just before a watchdog flagged seven integrity concerns, raising questions about the pre-event assessment.
The CFTC requested an expedited court ruling against Minnesota’s prediction market ban, which takes effect August 1, to prevent enforcement.
Elon Musk is reportedly planning a Dogecoin mission to the moon, with historical patterns suggesting potential outcomes following such an event.
Bitcoin’s mining difficulty is projected to see its first annual decrease in 17 years, potentially impacting miner profitability and network dynamics.
Circle has acquired IBM’s blockchain patent portfolio, aiming to bolster its on-chain infrastructure capabilities and advance its web3 initiatives.
On July 27th, Bitcoin ETFs experienced a net outflow of 3,824 BTC ($246.68M), while Ethereum ETFs saw a net inflow of 46,190 ETH ($88.82M).
Payward, the parent company of cryptocurrency exchange Kraken, has purchased Magic Labs’ wallet infrastructure business, expanding its service offerings.
Tesla’s stock experienced its worst week since 2022, leading to a significant price drop. Technical analysis suggests a potential decline to $296.
Bitmine has purchased additional Ethereum, bringing its holdings closer to 5% of the total supply. The company also conducted a share purge.