The post Bitcoin price faces $60K test as U.S.-Iran conflict escalates appeared on BitcoinEthereumNews.com.
Bitcoin traded under pressure as renewed U.S.-Iran strikes pushed traders toward the dollar and oil. Summary Bitcoin held near $62,800 as U.S.-Iran strikes lifted oil, dollar, and pressure across crypto markets. ETF inflows supported Bitcoin, but MACD, RSI, and resistance still showed limited bullish confirmation overall. K33 said underwater Bitcoin supply suggests late-cycle stress, though another deeper downside move remains possible. According to the crypto.news market data, the asset traded at around $62,920. The token stayed close to the $62,000 area after falling about 1% during Asian trading, with Ether, XRP, and Solana also weaker. The move came as the U.S. and Iran exchanged fresh strikes, according to Reuters. Oil rose as traders priced in renewed risk around the Strait of Hormuz, while the Dollar Index held near 101. A stronger dollar and higher oil prices can reduce d
The post SOL Price Prediction: Dead Momentum and a $74 Cliff — How Far This Drop Really Goes appeared on BitcoinEthereumNews.com.
Lawrence Jengar
Jul 08, 2026 07:55
Solana just shed 4.28% in a single session to $78.12, with its MACD histogram printing a cold zero and stochastics rolling from elevated levels — the $74.58 support line is the only thing between c…
SOL’s Technical Reality Check The tape doesn’t lie. Solana got hit hard today, closing near the very bottom of its $77.80–$82.79 session range. That’s not a random wick — that’s sellers in control from the open, and the broader technical structure makes it worse before it gets better. The MACD histogram has flatlined at exactly zero. That isn’t healthy consolidation; that’s stalled thrust at a critical inflection point where the next tick of momentum determines the next $10 move in either direction. What tips the scales toward the downside: the Stochastic sitting at 70.61 and beginning to curl — elevated readin
The post Predixa, a Decentralized Prediction Market from the TMX Ecosystem, Prepares July 2026 Launch appeared on BitcoinEthereumNews.com.
Predixa, a decentralized prediction market developed within the TMX Ecosystem, is preparing to launch in July 2026. According to the project, Predixa has raised more than $5.5 million during its pre-launch funding phase — a period that coincided with a broad downturn in the crypto market, during which Bitcoin fell more than 50% from its October 2025 all-time high of roughly $126,000 to near $58,000. Predixa operates as a permissionless prediction market backed by an automated market maker (AMM). Users can create markets, trade on outcomes, and exit positions at any time. The permissionless model places it in the same category as prediction markets such as Polymarket, with any user able to open a market rather than relying on a central operator to list one. Alongside standard markets, the platform offers two additional formats: “Combo Predictions,” w
The post Vaneck: Saylor’s Strategy Sold $135 Million in Bitcoin Without Tapping Its $1.25 Billion Monetization Program appeared on BitcoinEthereumNews.com.
Key Takeaways Vaneck’s Matthew Sigel says Strategy’s $135M July bitcoin sale left its $1.25B monetization program untouched. Strategy sold 3,588 BTC for about $216M between June 29 and July 5 to fund preferred stock dividends. Sigel called Strategy ‘a hedge fund’ trading its own capital stack and bitcoin, saying he pays a low P/E for it. On Strategy’s Side, Somewhat Strategy Inc.’s (Nasdaq: MSTR) latest bitcoin sales did not count against the company’s previously announced $1.25 billion BTC Monetization Program, according to Vaneck Head of Digital Assets Research Matthew Sigel. That means the full $1.25 billion in board-authorized selling capacity remains available even after the company parted with roughly $135 million in bitcoin last week. Image source: X The company first sold 1,363 BTC at an average price of $59,256, then anothe
Rising oil prices signal increased geopolitical instability, potentially affecting global markets and energy security amid U.S.-Iran tensions.
The post Oil prices jump 5% as Trump declares Iran ceasefire over appeared first on Crypto Briefing.
The post How I Would Allocate $1,000 Across Crypto Markets Right Now appeared on BitcoinEthereumNews.com.
Key Takeaways Bitcoin commands 40% allocation due to institutional adoption and proven market stability Ethereum captures 25% for its leadership in decentralized finance and smart contract platforms Solana secures 15% thanks to superior transaction speed and expanding ecosystem Chainlink holds 10% as critical oracle infrastructure supporting real-world data integration Near Protocol takes 5% for its emerging AI integration and Layer 1 innovation Distributing $1,000 strategically across five digital assets plus a stable reserve creates a framework that manages volatility while capturing growth potential. Building the Foundation With Market Leaders Bitcoin anchors this allocation strategy with a 40% position worth $400. As the pioneering cryptocurrency with the largest market capitalization, it benefits from unmatched liquidity and growing institutional acceptance through exchange-tr
The post Gold: Rallies face headwinds from Oil and rates – OCBC appeared on BitcoinEthereumNews.com.
OCBC Bank’s Sim Moh Siong and Christopher Wong explain that the precious-metals complex has come under renewed pressure following the recent spike in Oil prices. Gold is down nearly 2% and Silver more than 4% week-to-date, as geopolitics work mainly through the Oil, inflation and rates channel. Near term, rallies in Gold and Silver may struggle unless Oil stabilises or Federal Reserve/rates concerns ease. Non-yielding metals pressured by macro “The precious-metals complex has come under renewed pressure, following the recent spike in oil prices.” “While geopolitics would normally offer some support for gold, the latest move has worked more through the oil, inflation and rates channel.” “That has weighed on non-yielding assets, with gold down nearly 2% week-to-date and silver falling more than 4%.” “Silver’s underperformance is not surprising given its higher-beta profile. Near term, unl
Vaneck Head of Digital Assets Research Matthew Sigel says the roughly $135 million in bitcoin Strategy sold last week did not draw down the company’s $1.25 billion BTC Monetization Program, leaving that capacity fully intact. On Strategy’s Side, Somewhat Strategy Inc.’s (Nasdaq: MSTR) latest bitcoin sales did not count against the company’s previously announced $1.25 […]
The post Binance Earn Adds BTC Yield For Passive Bitcoin Rewards appeared on BitcoinEthereumNews.com.
Binance, the renowned crypto exchange, has unveiled BTC Yield. BTC Yield is a unique product working under Binance Earn to enable likely weekly rewards for long-term $BTC holders. As per Binance’s official press release, the offering delivers an opportunity to make $BTC-denominated earnings without active derivative trading. The initiative aims to transform option premiums into notable returns parallel to maintaining Bitcoin-related exposure via a unique asset, $BTCY. Binance BTC Yield Rewards Long-Term Bitcoin Holders with $BTCY Binance’s launch of BTC Yield focuses on providing long-term Bitcoin ($BTC) holders with unique earning opportunities. Apart from the rollout, the platform has also planned a limited-time promotional campaign. The respective campaign features a reward pool that contains 100,000 $USDC to benefit qualified participants. Consumers subscribe to this product by com