Bitcoin ETFs Snap 5-Day Outflow Streak With $352m Inflows: Is Wall Street Money Coming Back?

The post Bitcoin Mining Stocks Sink 20% – How Did BTC Price Avoid the Damage? appeared on BitcoinEthereumNews.com. Bitcoin mining stocks have fallen roughly 20% as investor enthusiasm for AI and semiconductors cools, according to a July 7 report from 10x Research. Bitcoin (BTC) itself has largely sidestepped the damage. The research firm argues that miners now trade as AI infrastructure companies rather than Bitcoin proxies. Their shares respond to chip supply chains and compute demand instead of crypto market signals. Bitcoin Mining Stocks Now Trade Like Semiconductor Plays According to the report, mining equities have largely decoupled from Bitcoin after a sharp rally and an equally sharp reversal. The firm’s data shows Riot Platforms (RIOT) moving in step with the semiconductor SOX ETF since April 2026. Both recently retreated from their highs together. Riot Platforms stock price vs. Semi SOX ETF chart showing Bitcoin mining stocks tracking semiconductors since April 2026, Source: 1

The post Wall Street analyst sets QUBT stock price target for 12 months appeared on BitcoinEthereumNews.com. As Quantum Computing Inc. (NASDAQ: QUBT) stock signals a macro reversal, Maxwell Michaelis, a Wall Street analyst at Lake Street, reiterated a bullish outlook on July 6. Michaelis maintained a Buy rating for QUBT stock, according to a note analyzed by Finbold on July 7, 2026. He also set a 12-month price target of $16 for Quantum Computing stock. The Wall Street analysts maintained a bullish outlook for Quantum Computing stock following its completed acquisition of NHanced Semiconductors. Notably, Quantum Computing acquired NHanced for a combined cash-and-share value of $73.1 million. The deal also includes an earnout of up to an additional $72.0 million. Michaelis framed the deal as a solid follow-up to the Luminar Semiconductor (LSI) acquisition, which closed in February. Moreover, the acquisitions could further deepen the company’s photonics manufacturing and advanced-packagi

The post Bitcoin Sticks to $63,000 as John Bollinger Eyes a ‘Critical Point’ for BTC price appeared on BitcoinEthereumNews.com. Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks. Key points: Bitcoin attempts to hold $63,000 after seeing its highest levels in two weeks. US stock markets see a correction on the day SpaceX joins the Nasdaq-100. Bollinger Bands creator John Bollinger continues to eye a long-term BTC price reversal. BTC price comes off two-week highs as US stocks fall Data from TradingView showed BTC price action cooling after a trip to $64,660 — its highest point since June 22. BTC/USD one-day chart. Source: Cointelegraph/TradingView BTC/USD surfed a comedown in US equities, with the S&P 500 and Nasdaq 100 down 0.6% and 2.1%, respectively, at the time of writing. Chip stocks led the sell-off, with Micron Technologies, whose earnings were highly anticipated last month, down over 9%. Micron Technologies stock one-hour cha

The post Analysts see more upside for SpaceX as post-IPO research begins appeared on BitcoinEthereumNews.com. Wall Street analysts have begun coverage of SpaceX (SPCX) following the expiration of the 25-day quiet period after the company’s June initial public offering (IPO), with nearly every major brokerage launching their coverage with a bullish rating. The aerospace and satellite company, which held 18,712 bitcoin BTC$63,942.17 as of March 31, went public in June, raising $75 billion in one of the year’s largest IPOs. Shares were priced at $135 in the offering. The stock was trading at $150.93 on Tuesday, down more than 6% from recent post-listing highs but still above its IPO price. The two lead underwriters, Goldman Sachs and Morgan Stanley, both initiated coverage with buy-equivalent ratings. Goldman analyst Eric Sheridan set a price target of $205, while Morgan Stanley’s Adam Jonas assigned a $300 target. They were joined by analysts at Bank of America, Citigroup, Deutsche Bank,

The post Looking for a New Crypto Exchange Because of MiCA? Switch to a Hardware Wallet Instead and Get Free BTC with a New Ledger appeared on BitcoinEthereumNews.com. The European Union’s MiCA (Markets in Crypto Assets) cryptocurrency regulation has come into full effect as of July 1, causing quite a bit of commotion among Europe-based crypto users.  Exchanges who were not able to fully comply with MiCA by the July 1 deadline have been forced to stop offering their services in the EU. The most notable example is Binance, a crypto industry titan that has over 300 million registered users across the globe.  European users on these exchanges are now scrambling to find a new home for their crypto assets, and MiCA-compliant exchanges like OKX and Coinbase are enticing users who are looking to migrate their funds with deposit bonuses and other promotions. Meanwhile, hardware wallet manufacturer Ledger is going with a different approach, taking this opportunity to urge users to rethink if th

The post Satoshi’s Bitcoin Saved? Digital Chamber Steps In to Protest $240 Billion Court Seizure appeared on BitcoinEthereumNews.com. The Digital Chamber, a lobbying organization for the crypto industry, has filed an expert amicus brief with the New York State Supreme Court, urging the court to dismiss a lawsuit seeking to classify 3.8 million BTC as “abandoned property.” The reason for the lawyers’ emergency intervention was an unprecedented lawsuit filed by an anonymous claimant, identified in court documents under the judicial pseudonym Noah Doe, who is trying to use New York’s 1958 lost-property law, Personal Property Law Article 7-B, to obtain rights to 39,069 inactive crypto wallets. Table of contents of Digital Chamber’s second amicus brief to NY Supreme Court, Source: Unified State Court System The list also includes addresses linked to Bitcoin creator Satoshi Nakamoto, while the total value of the Bitcoin at risk is estimated at $240 billion. Ripple Exec: Washington Can’t Igno

The post Whale Alert: How Smart Money Wallets Are Shifting BTC Trends Right Now appeared on BitcoinEthereumNews.com. // News Reading time: 3 min Published: Jul 07, 2026 at 14:33 Coinidol.com monitoring anomaly movements, such as sudden outflows from long-dormant wallets or significant shifts toward centralized exchanges signals, that traders can identify the footprints of institutional giants before the broader market reacts. The Mega-Transfer Breakdown: Recent On-Chain Activity Over the last 48 hours, blockchain analytics platforms including Arkham Intelligence and Glassnode have captured notable institutional positioning. BTC Movement According to the reports, the most significant on-chain event involved a massive outflow from a major corporate treasury. MicroStrategy, the world’s largest corporate Bitcoin holder, recently moved 3,588 BTC (valued at approximately $216 million) at an average price of $60.2K. This transfer highlights a strategic liquidation event from a high-profi

The post Morgan Stanley Initiates SpaceX Coverage With Wall Street-High $300 Price Target appeared on BitcoinEthereumNews.com. Key highlights: Morgan Stanley initiated coverage of SpaceX (SPCX) with an Overweight rating and a $300 price target The target is among the highest on Wall Street and implies roughly 87%-90% upside from recent trading levels Analysts believe AI infrastructure, Starlink, and orbital computing could become major long-term revenue drivers Morgan Stanley has become one of the most bullish firms on Wall Street regarding SpaceX, launching coverage of the recently public company with an Overweight rating and a $300 price target. The target stands well above the stock’s recent trading price near $160 and is among the highest published forecasts for the aerospace and artificial intelligence company.  Morgan Stanley analyst Adam Jonas argues that investors are still underestimating the scale of SpaceX’s long-term opportunities beyond rockets and satellite internet.  AI