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.
Bitcoin struggles to surpass $60,000 due to significant ETF outflows and major options expiry events suppressing buying demand.
Institutional investors withdrew funds from Bitcoin and Ethereum ETFs last week. However, they simultaneously increased their investments in XRP and HYPE.
Hyper Foundation has allocated $10 million in grants. These funds are designated to facilitate and support the ongoing migration of USDH.
Bitcoin faced a potential $42,000 price risk following a historically poor month for Bitcoin ETFs, impacting market sentiment and investment.
Bitcoin is trading below significant technical and onchain valuation metrics. Historical data suggests a potential bottom price around $45,000.
Historical analysis of Bitcoin’s market cycles, tied to halving events, suggests the next major bottom could occur in October 2026.
India’s USDT premium has exceeded 8.5% due to a government crackdown on crypto remittances, significantly reducing stablecoin supply.
The Bank for International Settlements (BIS) stated stablecoins function more like ETFs than money, citing price deviation and redemption issues, and warned of FX risks.
Austria suggests inviting AI firm Anthropic to the European Union to counteract potential U.S. technological limitations and bolster European AI development.
As Congress prepares for its July recess, updates regarding the CLARITY Act are being reviewed, potentially impacting the regulatory landscape.