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.
BingX has appointed Kevin Lee as its new Chief Strategy Officer. Lee’s role will focus on advancing the exchange’s multi-asset offerings and user-centric approach.
Ripple has invested in UK-based companies Zilo and Liquido, aiming to foster growth and development within the XRP Ledger (XRPL) ecosystem.
Coinbase plans to migrate institutional accounts and positions to Deribit on September 9, requiring clients to opt out by August 28.
The US Treasury hints at more yen interventions following a joint operation with Japan, aiming to stabilize the Japanese currency against the dollar.
BlackRock introduced two new blockchain-based money market offerings, expanding its tokenized cash platform with new features and multi-chain access.
Binance received $676 million from Iran-linked Shelbit exchange, Reuters investigation reveals
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.