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.
Coinbase’s Q2 revenue fell short of expectations, yet analysts maintain a positive outlook, partly due to Ark Invest’s significant purchase.
A single entity now holds a significant 4.8% of all circulating Ethereum, yet the price has not reacted to this substantial accumulation.
Ahead of August earnings, 36 out of 37 analysts recommend NVIDIA stock as a buy, anticipating significant profit growth and a potential price surge.
Hashdex will liquidate its DEFI spot bitcoin ETF on August 17th due to dwindling inflows and investor interest shifting towards AI-related returns.
Italy’s Intesa Sanpaolo reduced its iShares Bitcoin Trust holdings by 94% while tripling its stake in the iShares Staked Ethereum Trust ETF.
Apple reinstated Telegram on its App Store after the messaging app removed child sexual abuse material and banned the offending user.
Strategy’s STRC stock has surged 24% from its June low, successfully retaking the $90 price level after a significant decline.
Coinbase will move its institutional clients to the Deribit platform on September 9th, signaling a significant shift in its institutional trading services.
Approximately 32,000 Bitcoin were transferred to exchanges at a loss, potentially signaling a bottom due to short-term holder capitulation.
A Coldcard firmware defect created weak seed phrases, potentially compromising $130 million in Bitcoin self-custody. A fix is available but previously generated seeds need replacement.