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.
Senators Tillis and Gallego have sent a bipartisan ethics compromise to the White House as part of their push for the Clarity Act.
Hyperscale Data has sold 100 BTC to secure funding for the establishment of a new Artificial Intelligence center.
Bitcoin and Ethereum saw significant gains in July, outperforming major markets including chip stocks, which experienced a 22% decline.
Telegram CEO Pavel Durov responded to Russia’s designation of him as a terrorist, citing concerns over mass surveillance and censorship.
FTX has initiated its fifth creditor distribution, releasing approximately $900 million to creditors starting today. This marks another step in the bankruptcy proceedings.
Citigroup has significantly reduced its price target for Coinbase by 41%, yet maintains a ‘Buy’ rating for the cryptocurrency exchange’s stock.
Cathie Wood’s Ark Invest divested shares of Bitmine, Block, Robinhood, and Bullish, while acquiring approximately $14.5 million in SpaceX stock.
The U.S. Senate narrowly voted 50-49 against a measure that would have limited President Trump’s ability to launch military strikes against Iran without Congressional approval.
Senators Thom Tillis and Ruben Gallego submitted their updated CLARITY Act ethics proposal to the White House for review this morning.
The Clarity Act has encountered opposition from two additional Republican senators, including a senior member of the Senate Banking Committee, signaling potential legislative hurdles.