Author: 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 U.S. Securities and Exchange Commission is planning changes to crypto custody regulations, aiming to provide clearer guidelines for investment advisors.
Coinbase is making token-backed mortgages generally available, allowing customers to leverage their cryptocurrency assets for home loans.
Ethereum developers are proposing an overhaul of the deposit contract to implement quantum-resistant cryptography for enhanced staking security.
Decentralized application Pump.fun now supports trading of HyperEVM tokens, integrating the stablecoin USDC for transactions.
The U.S. Securities and Exchange Commission (SEC) has sent proposed changes to crypto custody rules to the White House for review.
Bitcoin’s rally faces potential trouble as it struggles to break past the $80K resistance, showing signs of momentum exhaustion despite a strong recovery.
The SEC has submitted a proposed rule change for crypto custody by investment advisers and companies to the White House for executive review.
Blackrock’s Bitcoin and Ether ETFs experienced significant inflows, with Bitcoin ETFs attracting $314.37 million and Ether ETFs adding $179.80 million.
MicroStrategy’s 01 Strategy raised $2 billion, but its $1.59 billion cash pile may fund Bitcoin, buybacks, or debt, not solely Bitcoin.
The U.S. Bureau of Economic Analysis reported that the July core personal consumption expenditures price index increased by 0.2% month-over-month, aligning with market forecasts.