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The post Bitcoin Hasn’t Fully Capitulated Yet: Analysts Warn of Lower Levels Ahead appeared on BitcoinEthereumNews.com. What does BTC’s latest rejection mean for the asset’s upcoming price moves? There’s a lot that’s not going bitcoin’s way at the moment, but we will delve into that in a moment. For this intro, we will just suggest that BTC might actually be performing better than expected, at least for now. However, the latest rejection at $64,000 could spell more trouble ahead, and here are the new bearish targets set by Ali Martinez and Ted Pillows. No Bottom Yet Just think about it – the war was essentially just restarted today as Iran and the US launched new strikes against each other, Strategy sold more than 3,500 BTC, recent reports suggested a major miner capitulation, AI continues to extract capital out of crypto markets, the BTC ETFs bled over $8 billion in two months, the Fed doesn’t seem inclined to lower the rates soon, and yet, the cryptocurrency still trades above $60,
Read full articleBitcoin remains in deep value after five months below key investor cost bases. Long-term holder capitulation is accelerating while ETF flows stay negative. Derivatives have de-risked but the options surface retains a defensive tilt. The bottoming process is advancing, but not yet complete.
The post Elon Musk’s SpaceX wallet stirs Bitcoin fears as SPCX sinks 25% appeared on BitcoinEthereumNews.com. SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. Summary SpaceX moved Bitcoin for the first time in six months, though the transfer was worth only $88. SPCX shares have fallen more than 25% despite the company’s fast-tracked Nasdaq-100 inclusion. JPMorgan estimates the index addition could drive about $4.3 billion in passive fund buying. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX moved just $88 worth of Bitcoin on July 8, ending a six-month period without on-chain activity. Although the transfer was tiny, it quickly fueled speculation across crypto markets because the company’s wallets have historically remained inactive for long periods. SPACEX JUST MOVED BITCOIN A tagged SpaceX address just moved Bitcoin for the first time
SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX…
The post Crowd Sentiment Flips Bullish As Bitcoin Reclaims $64K—and That’s Usually A Warning appeared on BitcoinEthereumNews.com. Retail traders have changed their minds four times in a single month, and the latest swing is raising eyebrows. Bitcoin’s bounce from $58.1K to the $64.1K area has flipped the crowd’s mood to “higher” again, according to the Santiment update. The speed of the reversal is the story, not the price level itself. In early June participants were calling for lower prices. Mid-June flipped to bullish. Late June turned fearful after the dip. Now they are back to expecting upside. Chart watchers will note that every time the crowd got loud about direction this month, the market did something else. That is the mechanic Santiment is pointing toward—a counter-signal tendency where strongly unanimous social expectations tend to precede reversals or stalls. It does not promise a top, but it does suggest the herd is arriving late to the move. Why the “Lower vs. Higher” Cha
The post Bitcoin Falters After Donald Trump Declares Iran Ceasefire Over, Oil Price Spikes appeared on BitcoinEthereumNews.com. Key highlights: Bitcoin threatens to slip below $60K as crypto prices slide downward The US and Iran have broken their truce, sending oil prices on a rally All eyes are on the minutes of the FOMC meeting, scheduled for release later today Renewed hostilities between the United States and Iran have sent Bitcoin and the rest of the cryptocurrency market tumbling. US President Donald Trump stoked further pessimism after declaring that the fragile ceasefire between the two warring nations “is over.” Bitcoin price threatens to slip below $60K According to crypto price aggregators, BTC has flashed signs of an extended decline, falling by nearly 2% in the last hour. The leading cryptocurrency, currently trading at just over the $60K mark, is leading a broader sector decline. ETH, the largest altcoin by market capitalization, slid by 2% in the same window to trade a
XRP remains under pressure across both the USDT and BTC pairs, with sellers continuing to control the broader trend despite several short-lived recovery attempts. While the USDT chart shows buyers defending an important support area, the XRP/BTC pair continues to trade near multi-month lows, highlighting the token’s persistent relative weakness against the market leader. Ripple […]
SpaceX's Bitcoin holdings reveal potential for increased corporate crypto transparency and scrutiny, impacting investor perceptions and strategies. The post SpaceX shifts Bitcoin holdings between wallets amid IPO process appeared first on Crypto Briefing.
The post Binance BTCY & BITA: Bitcoin Covered-Call Yield Goes Mainstream appeared on BitcoinEthereumNews.com. Your group chat lights up on a Tuesday: “Binance is paying weekly BTC.” A link follows. It is Binance’s new BTC Yield, a covered-call wrapper that turns your Bitcoin into a ticker called BTCY and promises potential Friday distributions in BTC. Suddenly, passive income is the conversation again. The day before, you saw headlines about BlackRock listing a covered-call Bitcoin ETF on Nasdaq. Same idea, different wrapper. Spot BTC plus call options to skim premium. And like that, strategies that used to live in DeFi vaults and options chatrooms are now on the biggest exchange and the biggest asset manager’s shelf. This is not about hot new coins. It is about packaging an old options trade so it fits where people already keep their Bitcoin. Covered-call income has moved from niche to mainstream. Binance just announced BTC Yield, ticker BTCY, a BTC-denominated income product that con
