The post Bitcoin Mining M&A Heats Up After Vertex’s $10 Billion Biotech Buyout appeared on BitcoinEthereumNews.com.
Crypto News Vertex Pharmaceuticals agreed to acquire Crinetics Pharmaceuticals for $10 billion in cash on Monday, July 6, sending the smaller drugmaker’s stock to a fresh all-time high as shares nearly doubled in a single session. Vertex will pay $85 per share, roughly twice Crinetics’ closing price the day before the announcement. The premium underscores how aggressively large-cap acquirers are chasing late-stage assets, a dynamic now spilling from biotech into digital-asset infrastructure. Our reading of the tape shows the deal instantly reset how the market values Crinetics, with the stock detaching from its own fundamentals and gravitating toward the agreed takeout price rather than its standalone growth outlook. What Vertex is actually buying is Palsonify, a once-daily pill for acromegaly — a rare disorder driven by excess growth hormone that patients previously mana
The post BTC Price Prediction: Dead MACD, Death-Cross Overhang — Bears Eye $58K if $61,980 Breaks appeared on BitcoinEthereumNews.com.
Timothy Morano
Jul 08, 2026 07:09
Bitcoin at $62,615 is pinned below its pivot point and every major moving average that matters, with MACD momentum converging to zero — the most dangerous inflection point on the chart. Unless bull…
BTC’s Technical Reality Check At $62,615, Bitcoin isn’t drifting — it’s compressing against a stack of resistance that has no reason to give way yet. The single most telling signal right now isn’t any individual indicator; it’s the convergence happening across all of them simultaneously. The MACD line and signal line have met exactly at -714.77, collapsing the histogram to zero. That sounds neutral on the surface, but veteran traders know what it actually means: this is the moment of truth. Zero histogram is where markets declare direction. With price sitting below both the EMA 26 at $63,136 and the daily p
The post StarkWare CEO Proposes 4% Annual Bitcoin Inflation to Replace 21M Cap appeared on BitcoinEthereumNews.com.
Bitcoin News StarkWare chief executive Eli Ben-Sasson has reignited one of crypto’s oldest arguments by proposing that Bitcoin (BTC) abandon its 21 million fixed supply cap in favor of a hard 4% annual issuance rule. In a Tuesday post on X, Ben-Sasson argued the fixed ceiling “doesn’t make sense” because private keys are steadily lost and, over a long enough horizon, effectively all coins become unspendable. He framed the 4% figure as roughly tracking human population growth, insisting a fixed inflation rate would preserve scarcity rather than erode it. The remark drew immediate pushback from the Bitcoin community, reopening a debate that strikes at the network’s core value proposition. The lost-key premise anchors his case. Bitcoin has no password-reset mechanism, so when a holder misplaces a private key the coins stay recorded on-chain but can never move again. Independ
Bitcoin's sustained growth could enhance Strategy's financial stability, supporting long-term dividend strategies and boosting market confidence.
The post Strategy’s Saylor: Bitcoin gains over 3% could fund dividends indefinitely appeared first on Crypto Briefing.
The post Japanese Businesses Turn to Cryptocurrency as Yen Flounders appeared on BitcoinEthereumNews.com.
With the Japanese yen approaching its weakest point in 40 years, a new trend is emerging among Japanese corporations: diversifying their traditionally cash-heavy reserves by embracing cryptocurrencies like Bitcoin and XRP. SBI Holdings, a significant player in the crypto market through its subsidiary SBI VC Trade, has reported a substantial increase in interest from institutional […] Continue Reading:Japanese Businesses Turn to Cryptocurrency as Yen Flounders Source: https://en.bitcoinhaber.net/japanese-businesses-turn-to-cryptocurrency-as-yen-flounders
The post President Trump’s Bitcoin (BTC) Reserve Plan Encounters Interagency Hurdles appeared on BitcoinEthereumNews.com.
President Trump’s Bitcoin (BTC) Reserve Plan Encounters Interagency Hurdles – The Daily Hodl
No Result View All Result Source: https://dailyhodl.com/2026/07/08/president-trumps-bitcoin-btc-reserve-plan-encounters-interagency-hurdles
President Trump’s plan for a Strategic Bitcoin (BTC) Reserve has encountered complications from competing government departments. Two agencies are vying to oversee the initiative, raising questions about legal authority, reports Bloomberg. The reserve was ordered last year to position the US as the crypto capital of the world. It was intended to be housed in […]
The post President Trump’s Bitcoin (BTC) Reserve Plan Encounters Interagency Hurdles appeared first on The Daily Hodl.
The post Bitcoin (BTC) Tests a Critical Zone: Will Buyers Target $64K or Lose Ground to $60K? appeared on BitcoinEthereumNews.com.
Bitcoin price is holding near $63.2K. BTC is testing the $64K resistance. The largest asset, Bitcoin (BTC), is knocking on the door of the $64K resistance level again, but it’s stuck in a waiting game. Because the price is sitting right below its 50-day moving average, $65.8K, the market is essentially moving sideways. The real trigger is tomorrow’s FOMC minutes. Traders are glued to this economic update, as any hints on interest rates could easily make waves in the market and break Bitcoin out of this tight box. If buyers can push through and close a daily candle above $64K, it proves they have the strength to fight back toward that $65.8K line. On the flip side, if the news turns sour and sellers take control, the $60.7K level is the line in the sand. Losing that support could trigger a wider market sell-off, while holding it keeps the current recovery a
