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The post Bitcoin Long-Term MACD Turns Bullish Above $64K appeared on BitcoinEthereumNews.com. Bitcoin News Bitcoin (BTC) has flipped a closely watched momentum gauge bullish, with its long-term MACD histogram crossing above the zero line for the first time in months. The move follows a roughly 10% rally through July that pushed the leading cryptocurrency back above $64,000. The Moving Average Convergence Divergence indicator, which measures the relationship between two price averages, turning positive is widely read as a shift from seller control toward renewed buying pressure. Our reading of the recovery suggests the bounce may be more than a short-lived relief move, though a positive crossover alone does not confirm a new trend for Bitcoin without follow-through above key levels. The technical setup hinges on a cluster of resistance levels that bulls must reclaim to validate the signal. The first hurdle sits near $65,434, where the 50-day simple moving average currently rests. Above
Read full articleEconomist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” while its historically tight relationship with the Nasdaq has now broken down. Schiff Continues With His Anti-Bitcoin Narrative The latest salvo was highlighted on X by numerous analysts, summarizing Schiff’s argument that bitcoin cannot claim to […]
The post BlackRock Moves 8,700 Ethereum to Coinbase: Why Traders Are Watching appeared on BitcoinEthereumNews.com. In recent hours, global investment manager BlackRock executed an Ethereum transfer that was reported by onchain data tracker Onchain Lens. According to Onchain Lens, BlackRock transferred 8,700 ETH, worth nearly $15.81 million, to Coinbase Prime. It will not be the first time BlackRock has moved Ethereum and, likewise, Bitcoin to Coinbase Prime; on July 9, BlackRock moved 951.5 BTC worth $59 million to Coinbase Prime and the IBIT ETF withdrew 883.6 BTC (worth $54.8 million) from Coinbase Prime on July 8, but this particular ETH transaction comes with further details. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy Onchain Lens noted that the said ETH — 8,700 tokens — were moved from BlackRock’s Ethereum ETF-related wallets to Coinbase Prime and coinci
Ethereum has staged a notable recovery after defending its recent lows, with buyers gradually rebuilding momentum. While the higher time frames remain constrained beneath major resistance, the lower time frame structure has improved, and on-chain activity appears to be stabilizing following months of cooling network participation. Ethereum Price Analysis: The Daily Chart On the daily […]
The post Bitcoin price challenges $65K after Trump signals possible Iran talks appeared on BitcoinEthereumNews.com. Bitcoin price has climbed toward the key $65,000 resistance zone after U.S. President Donald Trump said Iran had reached out to Washington to discuss a possible agreement, easing geopolitical concerns and lifting demand across risk assets. Summary Bitcoin price has climbed above $64,000 after Trump’s comments on possible Iran talks boosted risk sentiment. Rising futures open interest and options volume show traders are positioning for a move above $65,000. An inverse head-and-shoulders breakout targets $71,800, while rejection at $65,000 could send BTC back toward $62,000. According to data from crypto.news, Bitcoin (BTC) price rallied to an intraday high of $64,400 on Friday, up 2.65% on the day, while the total cryptocurrency market capitalization rose 2.17% to $2.21 trillion. Ethereum recovered toward $1,800, XRP held above a major support level, and Dogecoin also adva
Metaplanet's study could redefine Japan's bond market by integrating Bitcoin, potentially influencing global financial product innovation. The post Metaplanet, JPYC and Progmat launch study on Bitcoin-backed credit products appeared first on Crypto Briefing.
The post Metaplanet Announces Joint Study To Bring Bitcoin-Backed Digital Credit To Japan appeared on BitcoinEthereumNews.com. Metaplanet wants to turn its bitcoin pile into a credit market. On Friday, Japan’s largest corporate bitcoin holder said it has opened a joint study with three partners to build tokenized credit products backed by bitcoin, a step that pushes the company past simple treasury accumulation and toward the role of a financial platform. The study group brings together Metaplanet, the yen stablecoin issuer JPYC, the regulated security token platform Progmat, and Siiibo Securities, the licensed brokerage Metaplanet bought last month for 2.1 billion yen, or about $13 million. Siiibo becomes Metaplanet Securities on July 13. The four firms will examine whether bitcoin can serve as collateral for credit instruments that pay interest each day. Metaplanet frames this as a product that exists in the United States but not in Japan. Digitization, the company said, would allow
Bitcoin price has climbed toward the key $65,000 resistance zone after U.S. President Donald Trump said Iran had reached out to Washington to discuss a possible agreement, easing geopolitical concerns and lifting demand across risk assets. According to data from…
The post New Bitcoin Lending Service Offers Unprecedented Financial Flexibility appeared on BitcoinEthereumNews.com. CRYL, a prominent financial services provider in Japan, has rolled out an innovative lending service that allows individuals and businesses to secure cash loans using Bitcoin holdings without liquidating their assets. Available immediately, borrowers can leverage their cryptocurrency, compounding its value with the company’s yen-based loans. Continue Reading:New Bitcoin Lending Service Offers Unprecedented Financial Flexibility Source: https://en.bitcoinhaber.net/new-bitcoin-lending-service-offers-unprecedented-financial-flexibility
