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.
The Bitwise Top 10 Crypto Index experienced a 3% decline, mirroring a broader market trend influenced by falling prices of Bitcoin and Ethereum.
SPDR Gold Trust’s holdings have grown, reaching a total of 1,023.528 tonnes. This marks a notable increase in the trust’s gold reserves.
Dartmouth College’s endowment saw its crypto ETF holdings decrease by more than $2 million over three months, falling to $12.4 million.
Justin Sun clarified that Binance’s transfer restrictions apply solely to UK and EU users, as HTX does not operate in those regions.
Mizuho lowered its price target for crypto custody firm BitGo to $11 from $14 but kept an ‘outperform’ rating, citing potential regulatory advantages.
Coinbase announced the addition of the ALIGN token to its listing roadmap, indicating potential future trading availability on the platform.
Wells Fargo significantly increased its investment in Bitcoin ETFs, raising its holdings to an impressive $1 billion during the second quarter.
Grayscale predicts Ethereum and Solana’s annual inflation rates could drop below gold’s by 2031 due to proposed token burn initiatives.
Bitcoin profitability has hit an all-time low, potentially indicating capitulation as weaker holders sell to more committed buyers.
Elon Musk suggests orbital compute may be essential for scaling artificial intelligence by 2029, questioning its feasibility within the timeframe.