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.
Crypto exchange inflows have increased by 50% compared to February, while the Spent Output Profit Ratio (SOPR) remains below 1.0.
Bitcoin spot exchange-traded funds experienced their worst month on record, with outflows totaling $4.5 billion in June, signaling reduced investor interest.
Circle’s stock experienced a significant decline of 17.5%. This drop followed Circle’s removal from Russell indexes and the launch of the Open USD product.
XRP is maintaining its price above $1 following a significant reduction in leveraged positions. Network activity, including daily active addresses, has shown notable improvement.
Discover why is the crypto market up today as Bitcoin defends support and Stellar (XLM) surges 11% ahead of key US labor data and network upgrades.
The CEO of Goliath Ventures has pleaded guilty for his involvement in a fraudulent cryptocurrency Ponzi scheme that defrauded investors of approximately $400 million.
Binance and its CEO Changpeng Zhao are being sued in London by nearly 1,700 United Kingdom investors. The case involves alleged misuse of funds.
The Bank of Thailand supports a 1:1 pegged Baht stablecoin and is introducing stricter regulations for cross-border payment transactions.
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Anthropic has resumed access to its advanced AI models, Claude Fable 5 and Mythos 5, following the US government’s decision to lift export restrictions.