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.
Data from Coinglass indicates a significant increase in whale positions on the Hyperliquid derivatives platform, reaching a total value of $7.02 billion.
Major cryptocurrencies Bitcoin, Ethereum, and XRP experienced significant price declines as Wintermute strategically built substantial short positions.
Analyst Kendrick suggests recent market rallies were primarily fueled by short liquidations, noting that overall open interest remained subdued during the period.
Bhutan has transferred 10.779 BTC, valued at approximately $835,000, to two newly created blockchain addresses.
Pony AI reports nearly doubled revenue in the first half of the year, however, the autonomous driving company also saw its net losses increase.
Billionaire investor Ray Dalio is advising investors to consider gold and Bitcoin as potential hedges against an impending global debt crisis.
The Bank Policy Institute is requesting FinCEN apply customer identification rules to secondary stablecoin markets and exchanges.
Bitwise’s XRP ETF has surpassed $120 million in trading volume, suggesting a potential return to NYC promotions similar to last year’s efforts.
Thai crypto exchange Bitazza is actively preparing to meet the upcoming 2027 crypto travel rule requirements, ensuring compliance with new regulations.
TAC is investigating a vulnerability attack targeting its Cosmos-based EVM sidechain, impacting operations and assets on the platform.