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Meanwhile, Ethereum is back at $1,800, SOL is struggling to maintain $80, while XRP has defended the $1.10 support.
Read full articleAerodrome's dominance in onchain Bitcoin trading highlights the growing shift towards decentralized markets, emphasizing self-custody and transparency. The post Aerodrome becomes the top platform for onchain Bitcoin trading appeared first on Crypto Briefing.
The post Ripple Cuts RLUSD Ethereum Supply to $692 Million appeared on BitcoinEthereumNews.com. According to recent data from Ripple Stablecoin Tracker, Ripple USD (RLUSD) supply on the Ethereum network has shrunk to about $692 million as Ripple continues to adjust the stablecoin’s circulating supply through token burns. At the start of July, RLUSD supply on Ethereum was above $727 million; now this figure has decreased, with millions in Ripple USD burned on the Ethereum network in the last seven days. $115.4 million was burned on the Ethereum blockchain in the last seven days as seen on the Ripple Stablecoin Tracker website, while $49.3 million was minted in the same timeframe. On July 29 alone, $25.9 million was burned on the Ethereum blockchain while $6.2 million in RLUSD was minted. ‘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 The last 30 days saw significa
The post Even At 0% Bitcoin Returns, MicroStrategy Could Last 40–50 Years, Says Michael Saylor appeared on BitcoinEthereumNews.com. Michael Saylor just delivered one of the most extreme defenses of MicroStrategy’s balance-sheet approach, claiming the firm can survive more than four decades even if Bitcoin does nothing. In a June 30 interview with the NewEraFinancePodcast, highlighted in a recent WuBlockchain summary, Saylor said MSTR could cover its interest for 30–40 years without any adjustments, and potentially 40–50 years with refinancing. No crypto rally required. That framing directly counters the loudest objection to MicroStrategy’s treasury model—that it only works in a bull market. Saylor’s arithmetic rewrites the risk equation for a firm that holds roughly $30 billion in Bitcoin against convertible debt. He wants the market to price longevity, not just the next halving. The Math Behind the 40-Year Claim MicroStrategy’s capital structure blends fixed-rate convertible notes wit
Bernstein's gold forecast suggests potential for increased interest in alternative assets like Bitcoin amid stable Fed rates and currency concerns. The post Bernstein raises gold price target to $4,533 as Fed holds steady on rates appeared first on Crypto Briefing.
The post Ex-SWIFT Executive Rejects XRP Integration Claims: “Not Happening” appeared on BitcoinEthereumNews.com. Former SWIFT executive Tom Zschach rejects claims that the network plans to integrate XRP. Viral XRP rumors lacked official evidence, with no SWIFT statement confirming support. Zschach’s latest remarks reinforce his long-standing skepticism toward Ripple and XRP. Former SWIFT Chief Innovation Officer Tom Zschach has dismissed claims that the global financial messaging network plans to support or integrate XRP. The rumors spread after an XRP community post suggested that SWIFT would support public digital assets like XRP instead of creating its own cryptocurrency. Zschach responded with a short but direct statement: “Not happening.” His reply pushed back against claims that SWIFT planned to work with XRP-based payment infrastructure rather than compete with it. Viral XRP Claims Had No Supporting Evidence XRP community figure SMQKE shared excerpts from an alleged document cla
Coinbase's diversified revenue model offers resilience against Bitcoin volatility, while Strategy's debt-heavy approach risks financial instability. The post Coinbase’s Bitcoin approach deemed superior to MicroStrategy’s model appeared first on Crypto Briefing.
The post Bitcoin reclaims $64k – But Strategy’s $216mln underwater sale threatens momentum appeared on BitcoinEthereumNews.com. Bitcoin climbed above $64,200 in early trading on Friday, the 10th of July, strengthening its recovery even as Strategy sold Bitcoin at a loss. Holding above this level into next week could reinforce the recovery. However, the bigger question is who has been selling into the rally, and at what price. Strategy’s recent disposals weighed on sentiment. Even so, its average acquisition price remains well above that of retail investors on Binance. That gap shifts attention away from Strategy and toward retail holders, who now sit comfortably in profit and may choose to sell into strength. Did Strategy’s Bitcoin sales really matter? Strategy recently announced plans to sell part of its Bitcoin [BTC] holdings through its Digital Credit Capital Framework. The company said the proceeds would fund dividend payments and share repurchases. On the 6th of July, Strategy sol
The post Empery Digital sells 1,400 BTC for $65M to fund AI pivot appeared on BitcoinEthereumNews.com. Empery Digital (NASDAQ: EMPD) sold 1,400 Bitcoins from the stash it built throughout 2025 at an average of $62,200 a coin, raising about $87.1 million to invest in AI data centers and pay down debt. The Nasdaq-listed company started the sale in May and is now left holding 1,514 BTC. Why did Empery Digital sell its Bitcoin? Barely one year ago, Empery Digital rebranded from Volcon Inc. and changed its whole business plan from electric vehicles to focusing on holding Bitcoin. Now, it is walking away from that strategy to chase the booming demand for AI computing power. Why? The simple answer is that its Bitcoin investment lost a lot of value. Cryptopolitan previously reported that Empery bought most of its Bitcoin when prices were around $117,000 per coin. However, when prices fell below $70,000 earlier this year, those holdings dropped more than 40% in value. The company revealed in an
