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.
Cardano’s ADA ETF assets under management reached $48.1 million, marking an increase of $1.8 million over the past 24 hours.
Australia is suing Telegram for $38 million, alleging the messaging app failed to adequately remove “pro-terror” content distributed on its platform.
Fortitude has placed a $31.5 million order for Bitmain mining equipment, aiming to boost its Zcash mining capacity by 145%.
01 BitcoinTreasuries listed a $1.9 billion Bitcoin reserve as live, despite SEC filings noting it as closing-dependent and unpurchased.
Hyperscale Data sold 100 BTC and secured a credit facility to accelerate the construction of its $3 billion AI data center in Michigan.
Bitcoin nears $65,000, showing composure as U.S. economic data eases rate hike fears, outperforming other markets.
Ethereum has secured over 100 new institutional backers, aiming to significantly enhance its adoption within the enterprise sector.
Bitcoin’s short-term holders have seen their realized capitalization drop 62% in nine months, indicating significant capitulation and accumulation during market downturns.
Bitcoin surged towards $65,000 as US inflation cooled to 3.7%, easing fears of further Federal Reserve rate hikes. Other cryptocurrencies also saw gains.
Nokia’s stock price has plummeted 52% from its June high, leaving bulls with a critical support level to defend.