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.
An ENS-linked trader suffered a $26.66 million loss on Hyperliquid after a massive 50,000 ETH short position unwound in just twelve seconds.
Robinhood Crypto is dedicating one million dollars to support early-stage development teams building applications on the Arbitrum network.
Walmart stock suffered an 8.7 percent drop, marking the retail giant’s largest single-day decline since July 2022.
Social media platform X is reportedly discussing stablecoin payments, potentially utilizing USDC, to distribute royalties through its new creator rewards system.
Social media platform X is reportedly discussing paying content creator rewards in stablecoins like USDC as part of a new rewards program.
SimpleSwap data reveals Bitcoin’s June sell-off drew minimal safe-haven stablecoin inflows compared to February, suggesting investors are becoming desensitized to market shocks.
President Trump endorsed Hyperliquid at the White House, sending the token up 14% despite prior Trump-backed altcoins averaging a 60% decline.
Intercontinental Exchange may participate in Polymarket’s upcoming funding round as the prediction market platform seeks a valuation exceeding $20 billion.
XRP has surpassed the one-dollar threshold, though technical analysts remain divided on future price direction due to conflicting wave counts.
Ionic Digital reported a $35.3 million net loss in Q2 driven by Bitcoin valuation drops, even as AI leases supplied 90% of revenue.