Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins

The post Crypto’s Relief Rally: Here’s What’s Behind ETH and BTC’s Green Week appeared on BitcoinEthereumNews.com. Key highlights: ETH and BTC performed better than stocks and gold last week Whale wallets bought over 270,000 BTC near the $60,000-$70,000 range Bitcoin ETF outflow streak was also broken with a $221 million inflow Crypto had its best week in months. Bitcoin rose 6.75%, and Ethereum rose 13.54%, easily beating stocks and gold. A new report from crypto trading firm Wintermute breaks down what drove the surge and why some caution is still needed. Wintermute: Weak jobs data and a dovish Fed sparked the rally The rally started with weak U.S. jobs numbers. Only 57,000 jobs were added last week, far below the expected 110,000. It was the weakest report in four months. Unemployment also fell to 4.2%. This weak data reduced the chances that an interest rate hike would happen this year. There were fears that the Federal Reserve was looking into hiking rates sometime this year. Fed

The post Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown appeared on BitcoinEthereumNews.com. 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 Price Analysis: The USDT Pair On the daily timeframe, XRP continues to trade inside a well-defined descending channel, keeping the broader market structure firmly bearish. It remains below the 100-day and 200-day moving averages, both of which are sloping lower and acting as dynamic resistance above $1.25. This alignment suggests that momentum still favors sellers unless a meaningful trend reversal develops. After losing the $1.25 level in early June, XRP found demand around the crit

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 […]

The post Bitcoin whale places $31M short bet – Will BTC drop to $60K again? appeared on BitcoinEthereumNews.com. Bitcoin [BTC] has closed at lower lows for two consecutive days for the first time in ten days. At press time, Bitcoin traded at $62,714, down 1.04% on the daily charts. Amid this price pullback, traders, especially whales, have begun shorting the market.  Bitcoin whale opens a $31M short As BTC faced rejection, falling to $62k, a whale jumped into the market and opened a short position.  According to Onchain Lens, a whale opened a 40x short position on 493 BTC worth $31 million. With BTC declining, the whale is already sitting on $220k profit after spending $2k in funding fees.  Moreover, the whale’s decision to open a short position showed strong pessimism, anticipating the market to continue declining.  Source: Coinglass Interestingly, this was not an isolated case. After briefly spiking above 1 across all exchanges, the Long/Short Ratio fell back to 0.97 as of writing. 

The post Bitcoin is Seeing a ‘Textbook’ Bottom as More Analysis Brings Back 2022 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is seeing a “textbook” bear-market bottom as speculators take profits on the trip toward $65,000. Key points: Bitcoin is repeating previous macro bottom behavior in a “textbook” manner, analysis argues. Short-term holders are taking profits on minor recoveries — something “characteristic of a bull market.” Doubts remain about speculators avoiding future capitulation. Analysis: Bitcoin bottom will “be very obvious in hindsight” In their latest analysis on X, the Bitcoin quant account known as Frank, named for the famous economist Frank A. Fetter, doubled down on conviction that the worst of the BTC price downtrend is over. “This is a textbook bitcoin bottom; I mean every bottom signal has flashed or is flashing, it’ll be very obvious in hindsight,” one post stated. An accompanying chart showed the 200-week simple moving average (SMA) for BTC/USD, along with

The post Could Bitcoin’s 21 Million Supply Cap Change? Zcash Co-Founder Makes Bold Proposal appeared on BitcoinEthereumNews.com. In a post, Zcash co-founder Eli Ben-Sasson proposes rethinking Bitcoin’s fixed 21 million supply cap. According to Ben-Sasson, capping the supply of Bitcoin at 21 million BTC does not make sense. This is because, over time, keys will be lost. He believes that this will eventually happen over an infinite time horizon. The maximum number of Bitcoins that can ever exist is 21 million BTC. This hard cap on the total Bitcoin supply is a fundamental part of Bitcoin’s monetary policy, which is designed to promote scarcity and prevent inflation. Bitcoin creator Satoshi Nakamoto encoded this limit into the cryptocurrency’s source code. Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet Zcash Co-Founder Suggests Bitcoin Move Away From Fixed 21M Supply Cap and

The post Crypto Market at Risk as BTC, ETH, XRP, and SOL Longs Build  appeared on BitcoinEthereumNews.com. Analyst Joao Wedson says unliquidated long positions are dominating BTC, ETH, XRP, and SOL. Alphractal charts show large, long-exposure buildings across major crypto assets, while weak upward movement has increased concerns over leveraged positions. XRP, ETH, and SOL show higher sensitivity due to heavier long accumulation. Bitcoin and major altcoins are facing increased leverage pressure as unliquidated long positions continue building across the market. Analyst Joao Wedson highlighted data from Alphractal showing that BTC, Ethereum, XRP, and Solana are carrying a large amount of open long exposure after a weak upward move. Notably, the charts shared by the analyst show concentrated long positions across multiple assets, creating a market structure where a sudden decline could force leveraged traders to close positions. Long Positions Increase Across Major Crypto Assets Alphracta

The post Analyst warns Bitcoin could slide to $56,550 amid Iran reversal appeared on BitcoinEthereumNews.com. Following a short-term recovery above $64,000, Bitcoin (BTC) rapidly reversed and plummeted toward $62,000 in the night between July 7 and 8, leading one popular cryptocurrency analyst to warn that $56,550 might be its next target. Specifically, in a Wednesday X post, Ali Martinez explained that BTC was rejected after reaching the top of the channel at $63,600 and that it now faces a potential drop toward $59,700.  The ultimate target of the downside, the on-chain expert added, could be as low as $56,550, considering that the price represents the bottom of the channel. Bitcoin $BTC is getting rejected at the top of its channel. This could trigger a pullback toward $59,700, with $56,550 as the next downside target. pic.twitter.com/GvI9fMFQbD — Ali Charts (@alicharts) July 8, 2026 How a reversal in Iran negotiations triggered a Bitcoin price crash Meanwhile, Bitcoin’s latest down