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.
Major US stock indexes saw daily gains but ended the week down due to fluctuating bond yields and Middle East uncertainty, impacting investor sentiment.
Approximately 811 billion Shiba Inu tokens have been moved, sparking questions about whether investors are looking to secure profits from their holdings.
Bitcoin’s price has surged beyond $72,000, with market observers speculating that a significant short squeeze may be contributing to the rapid increase.
Decentralized exchange Uniswap has announced it has processed more than $1 billion in stock token trading volume on the Robinhood Chain.
Saxo Bank suggests Bitcoin could gain from a debasement trade, citing positive technical momentum, regulatory advancements, and macro factors.
Cardano founder Charles Hoskinson suggests total value locked (TVL) for the network is poised for significant growth, urging against doubting his prediction.
MANTRA Chain remains offline following a security exploit. The network’s restart on August 21st is contingent upon successful testing of a patch.
CFTC Chair Michael Selig compared AI compute to “digital oil,” emphasizing the US must dominate these markets to win the AI race.
Utorg officially launches its new Utapp crypto wallet and card for iOS, bringing self-custodial features and global spending capabilities to users.
Bitcoin’s correlation with tech software stocks has fallen to zero, suggesting it may function as a distinct asset class separate from tech equities.