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The post ‘Bitcoin Needs No Narrative’: Scaramucci Dismisses July Market Noise appeared on BitcoinEthereumNews.com. SkyBridge Capital founder Anthony Scaramucci urged crypto market participants to stop looking for artificial news triggers to justify price fluctuations. Against the backdrop of a local market recovery after a deep correction, the financier said the first cryptocurrency has finally outgrown the need for marketing support. “Bitcoin does not need a narrative. It is the most important invention in modern history,” Scaramucci stressed. In his view, attempts to tie every price movement to short-term news are pointless, since the asset’s long-term value is determined solely by its mathematical model. Bitcoin price action since all-time high in October 2025 with Scaramucci tweet, Source: TradingView The investor’s statement came at a time when Bitcoin is showing the first signs of stabilization after a difficult two-month decline. According to current TradingView data, by midday
Read full articleStable jobless claims and modest job growth bolster expectations for Fed rate cuts, potentially boosting risk assets like Bitcoin and Ethereum. The post US jobless claims hold steady at 215,000 as labor market signals ‘goldilocks’ zone for risk assets appeared first on Crypto Briefing.
The post Bitcoin Climbs to $63,000 as Markets Shrug Off Iran Airstrikes appeared on BitcoinEthereumNews.com. Bitcoin News Bitcoin (BTC) climbed 1.2% to around $63,000 on Thursday as digital-asset markets shook off a fresh round of U.S. airstrikes on Iran, with our reading of the tape showing risk appetite tracking equities higher. U.S. forces struck 90 military targets in the latest escalation, yet Nasdaq 100 index futures added 2.6% over 24 hours and crypto followed. The move leaves Bitcoin roughly 9% above its June monthly close, extending a recovery that began at the start of July. On-chain flow data shows buyers stepping in from oversold territory, underscoring how quickly the market has priced past the geopolitical shock. The rebound followed a sharp reversal earlier in the week, when Bitcoin fell more than 3% to about $61,500 after President Donald Trump declared the fragile U.S.-Iran ceasefire over at the NATO summit. Ether and Solana slid alongside it as traders trimmed risk, w
The post Romance Scam Suspect’s Crypto Wallet Processed $122M: Interpol appeared on BitcoinEthereumNews.com. A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol, as authorities expanded a global crackdown on online fraud. Interpol said Thursday that Thai authorities arrested two suspects and uncovered a money-laundering network that funneled proceeds from romance scams into cryptocurrencies, using cross-chain token swaps to obscure the trail. The Thai investigation was part of Operation First Light 2026, an Interpol-coordinated campaign targeting social engineering scams and the financial infrastructure used to launder their proceeds. The operation involved authorities in 97 countries and territories, resulting in 5,811 arrests and the seizure of $293 million in illicit assets tied to fraud and money laundering. Tomonobu Kaya, director of Interpol’s Financial Crime and Anti-Corruption Centre, said soc
The post Whales bought 270K BTC as ETFs bled $7B: Who wins? appeared on BitcoinEthereumNews.com. In the two weeks around Bitcoin’s fall to a 21-month low, whale wallets absorbed roughly $16.7 billion of coins while the spot ETFs suffered their worst outflow month on record. The two most powerful forces in Bitcoin’s market structure are positioned in opposite directions, and the resolution of that disagreement is the Bitcoin trade for the rest of 2026. Here is the case for each side, and the tape that will settle it. Summary Bitcoin’s latest drawdown created a sharp split between ETF sellers and whale buyers. Spot ETFs posted record outflows while whale wallets accumulated roughly 270,000 BTC near the lows. The bear case is that ETFs have become a major supply source in Bitcoin’s new market structure. The bull case is that whale accumulation near capitulation levels has historically marked major bottom zones. The next clear signal will come from ETF flow trends, whale wallet behavior, f
The post Stellar (XLM) Volume Surges 303%, Is Market Liquidity Back? appeared on BitcoinEthereumNews.com. Stellar (XLM) is experiencing a surge in trading activity in the last 24 hours, with volume up by more than 303%. Trading volume for XLM is up 303% in the last 24 hours to $873 million, according to data from CoinMarketCap. This is noteworthy as most major cryptocurrencies, including Bitcoin and Ethereum, saw a drop in volume over the last 24 hours, falling 20% and 15% respectively. Dogecoin’s trading volume fell by nearly 26% in the same timeframe. Stellar’s 303% volume surge while its price fell, however, remains an outlier. Stellar (XLM) Trading Volume, Image by CoinMarketCap The main trigger behind the volume increase is not evident, but some factors might have contributed. Stellar’s third major protocol upgrade has taken place so far in 2026, with a corresponding rise in trader activity. XRP ETFs Log One of Biggest Outflows of 2026 Can Cashcat (CASHCAT) Become Next Shiba Inu (
The post Bitcoin price shows resilience above $60,000 amid renewed US-Iran hostilities appeared on BitcoinEthereumNews.com. Bitcoin price held above $62,000 after renewed fighting between the United States and Iran slowed traffic through the Strait of Hormuz and sent oil prices higher, reviving inflation concerns across global markets. Data from CryptoSlate shows that the largest digital asset traded near $63,000 on Thursday, holding above the $60,000 level that traders have watched since last month’s selloff. The move came even as renewed US strikes on Iranian targets and retaliatory attacks by Tehran raised the risk of a broader disruption to energy flows from the Persian Gulf. Brent crude settled 5.2% higher Wednesday at $78.02 a barrel, its highest close since June 19, after briefly topping $80 during the session. US crude also rose, while shares were mixed and bond markets reflected renewed concern that higher energy costs could keep inflation elevated. For Bitcoin, the oil move a
The post Ethereum UTXO Payment Proposal Targets 99.8% Storage Reduction appeared on BitcoinEthereumNews.com. Ethereum News Ethereum (ETH) is debating a technical proposal that could reshape how the network settles payments. Researcher Toni Wahrstätter has floated adding native UTXO-style payments — unspent transaction output accounting, the same model Bitcoin uses — to the Ethereum base layer. The design would retain only a minimal spent marker in the live network state while pushing most payment data into historical blockchain records, cutting permanent storage requirements by as much as 99.8%. For a chain long wrestling with state bloat, the efficiency case is substantial. The proposal keeps the roadmap conversation — from privacy work like the Aztec Network to storage design — firmly in traders’ view. The idea drew an immediate rebuke from Cardano founder Charles Hoskinson, who accused Ethereum of borrowing from Cardano’s Extended UTXO (EUTXO) model without acknowledgment. EUTXO ext
Whale wallets absorbed $16.7B of Bitcoin at the lows while spot ETFs posted record outflows. Both sides of the great hands transfer, and the tape to watch.
