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.
K33 Research reports Bitcoin ETP flows have turned negative for the first time since 2023, as total holdings hit a record 8% drawdown from their peak.
Ark Invest increased its holdings in Coinbase, Circle, Bullish, and Robinhood shares amidst a general decline in stock prices.
Sophon is ceasing operations of its L2 blockchain, shifting its focus to building consumer applications on the Base network, citing diminished value in infrastructure chains.
Coinbase’s Base network is investigating a suspected invalid block after a two-hour outage disrupted operations for users on the Ethereum layer-2 solution.
Starknet ranked first in Santiment’s latest developer activity index for Layer 2 solutions. Aztec, Optimism, zkSync, and Arbitrum followed.
XRP’s price has dropped below a key support level, signaling a potential downturn after recent legal challenges with the SEC.
Approximately $10 billion worth of Bitcoin options contracts are scheduled to expire this Friday, potentially impacting market volatility and price movements.
The Base network experienced a two-hour outage on Thursday caused by an invalid block, halting block production. The issue stemmed from a consensus bug.
Ripple’s stablecoin RLUSD is now available in Japan through a partnership with SBI following regulatory approval, expanding its global reach.
Weekly cryptocurrency card transaction volumes have exceeded $200 million, marking a continuous upward trend observed since the beginning of 2023.