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.
Deribit transferred 90% of its client assets to Coinbase custody and subsequently discontinued its daily proof-of-reserves verification process.
Crypto markets ended the week flat at $2.73 trillion. Solana saw gains, while XRP and Dogecoin experienced declines amidst market volatility.
Traditional finance is increasingly integrating blockchain technology, with institutional adoption of onchain systems progressing at a pace not yet fully recognized by the broader investment…
Fed Chair Kevin Warsh indicated possible interest rate increases to combat inflation, marking his first significant economic comments since taking office.
Futures markets now price a 56% chance of a 25-basis-point interest rate hike by the US Federal Reserve in September.
Charles Schwab now offers trading for Solana, Avalanche, and Chainlink, challenging crypto exchanges by entering the digital asset market.
HMRC data reveals that 240 crypto millionaires in the UK collectively hold over half of the sector’s total gains, indicating significant wealth concentration.
Significant Bitcoin buy orders are accumulating within the $76,000 to $77,500 range, potentially driving the price towards the $79,000 mark.
Bitcoin’s price fell to $78,000 following the Jackson Hole Economic Symposium. Despite the dip, cryptocurrency investors remain optimistic about future gains.
A critical bug was misread by Cosmos Labs, directly preceding a large-scale hack impacting six different blockchain chains and resulting in significant financial losses.