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.
Tokyo-listed Eole has purchased $611,000 worth of Hyperliquid’s HYPE token, marking the first such treasury buy by a Japanese public company.
MetronomeDAO has reported a depeg of its msUSD stablecoin and a significant collateral shortfall across Ethereum, Base, and Optimism networks.
Bitcoin ETFs saw a $32.1 million net inflow, ending a losing streak. BlackRock’s IBIT inflow offset other funds’ outflows, masking stagnation.
A proposal from the ENS DAO community suggests giving the ENS Foundation full-time operational capabilities. This aims to enhance the foundation’s role within the ecosystem.
Jim Cramer believes Starbucks’ turnaround is speeding up, projecting the company’s stock price to reach $120 per share soon.
Japan has declined to confirm or deny any intervention in the currency markets, while signaling tacit support from the United States.
Senator Lummis claims Senator Hawley is resistant to the proposed GENIUS and CLARITY Acts, indicating potential legislative roadblocks for these financial bills.
The Wanchain cross-chain bridge was reportedly hacked, leading to a significant price drop of over 30% for the NIGHT token.
Coinkite issued a warning to Coldcard Mk3 owners following reports of approximately $38 million in Bitcoin being lost.
Internet Computer (ICP) has experienced a significant price drop of 99.7% from its all-time high, raising questions about its future potential.