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.
An analysis suggests that earlier interest rate cuts by central banks could potentially drive up the price of Bitcoin by increasing liquidity.
US Treasury Secretary cited Satoshi Nakamoto’s words in a plea for support of the Clarity Act, emphasizing its importance for the industry.
The United States has deviated from a long-standing policy, an action intended to support the Japanese Yen, which has also influenced Bitcoin’s market.
Binance founder Changpeng Zhao recommended spreading crypto assets across multiple wallets following a $70 million hack of a Coldcard hardware wallet.
Crypto trader Arthur Hayes offloaded $658K worth of SYN tokens and acquired $248K in ENA, signaling a shift in his portfolio.
3iQ Corp has been named the institutional manager for Bhutan’s Bitcoin reserves, a significant move for the nation’s digital asset strategy.
Cryptocurrency exchange Bitget has integrated daily Bitcoin rewards into its BGBTC product, enhancing user benefits for holding the asset.
US spot Bitcoin ETFs hold an unrealized loss of $16.33 billion, with an average cost basis around $82,249, ahead of August 14 disclosure filings.
SpaceX stock is trading near $107 support as it approaches its first post-IPO earnings report and the unlock of 911.5 million insider shares.
Approximately $1 billion worth of the stablecoin USDC has been removed from circulation over the past week, indicating a significant outflow.