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.
Fake government agents are reportedly tricking victims into cryptocurrency scams, resulting in an estimated $917 million in losses. Investigations are ongoing.
The Federal Reserve’s balance sheet reached $6.74 trillion, a new high since March 2025, with assets increasing by $162.8 billion this year.
Ripple and SBI have launched their RLUSD stablecoin in Japan, receiving approval from the Japanese Financial Services Agency (JFSA).
Venice Token (VVV) has experienced an 11% price decrease. A critical support level is now being watched to determine its next market direction.
Prediction market traders are indicating a 62% chance Bitcoin will drop below $50,000 this year, with a 31% chance it falls below $40,000.
Kalshi is reportedly in discussions to secure new funding, aiming for a valuation of $40 billion, according to a Financial Times report.
Abracadabra’s MIM stablecoin has once again broken its crucial dollar peg, intensifying the existing crisis surrounding the token and its ecosystem.
SBI’s JPYSC stablecoin aims to facilitate cross-border transactions, though Tether’s USDT maintains significant market dominance.
Bitcoin faces a potential price plunge to $57,300 as liquidation clusters and a rare Rainbow Chart breakdown signal technical weakness for the top crypto asset.
Strategy’s preferred stock, STRC, has fallen below $82, marking a new all-time low. This impacts the company’s ability to raise capital for Bitcoin purchases.