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.
A new Reuters investigation found that Binance processed at least $676 million from Shelbit, an Iran-linked Dubai exchange at the heart of a $4 billion sanct…
Morgan Stanley downgraded Circle to Underweight and cut its price target to $38, citing slower USDC growth and pressure on reserve income.
Tom Lee’s Bitmine purchased 10,399 ETH and repurchased 4.5 million shares last week, citing Ether’s outperformance.
Strategy sold 1,638 Bitcoin for $104.7 million, using proceeds for preferred stock dividends and share repurchases, while increasing its dollar reserve.
Analyst Tom Lee noted Ether’s July performance surpassed the Nasdaq 100, while Bitmine significantly increased its ETH holdings.
Arthur Hayes acquired a significant amount of ENA tokens just days before a substantial unlock event for the Ethena protocol.
Bitmine Immersion Technologies acquired an additional 10,399 ETH, bringing its total treasury to nearly 5.8 million coins, representing 4.8% of the circulating supply.
Kraken is liquidating seven delisted tokens into illiquid markets, cautioning users about potential zero proceeds due to insufficient liquidity.
Stacks’ new Bitcoin staking system aims to increase the utility of Bitcoin and drive demand for its native STX token by unlocking BTC capital.
Fake World Assets, an onchain gacha craze, surged in popularity, briefly becoming Ethereum’s largest gas consumer and generating significant fees.