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.
Digital asset custodian BitGo has reduced its workforce by 15% to concentrate on growing its AI infrastructure and stablecoin offerings.
Hyperliquid bulls are aiming for the $77 resistance level as the HYPE token shows bullish momentum following a recent correction and surge in trading volume.
MicroStrategy’s stock (MSTR) has fallen below the $100 mark, while STRC preferred shares trade significantly below par value.
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Major cryptocurrencies including Bitcoin and Ethereum declined as the Federal Reserve’s preferred inflation gauge reached a three-year pinnacle, prompting an analyst’s outlook.
Shanghai copper prices saw a notable rise of 0.90% by the close of the night session’s main contracts. The increase signals positive trading momentum.
The US’s 7-year Treasury auction allocation saw a decrease to 36.22% as of June 25, impacting investor demand and market dynamics.
The CFTC is seeking public comment on proposed data reporting rules for fully collateralized event contracts, aiming to replace existing no-action letters.
The Commodity Futures Trading Commission (CFTC) is reportedly exploring the possibility of facilitating 24/7 energy trading and perpetual futures markets.
Rising chip costs driven by tech giants Apple and Microsoft are negatively impacting Asian technology stocks, sparking investor concerns about consumer price increases.