The post Bitcoin’s Recovery Must Come From Fundamentals: Lyn Alden appeared on BitcoinEthereumNews.com.
Bitcoin is facing its weakest sentiment cycle yet, according to Lyn Alden, a Bitcoin-focused macroeconomist who said the asset must stand on its own as Strategy disclosed a $216 million Bitcoin sale earlier this week. “I don’t think there’s anything coming to save Bitcoin,” Alden said in a Tuesday interview with journalist and Bitcoin educator Natalie Brunell, saying the asset’s long-term success must come from its own fundamentals rather than external catalysts. “The asset just has to survive on its own merits,” Alden said, pointing to Bitcoin’s underlying properties as a liquid, permissionless way to store and send value, instead of relying on a new source of demand. Her comments come as institutional adoption and corporate treasury strategies have become features of Bitcoin’s latest market cycle. On Monday, Strategy’s weekly 8-K filing disclosed that it sold 3,588 BTC. Bitcoin sen
The post Kazakhstan Crypto Decree Targets Mining And Stablecoins appeared on BitcoinEthereumNews.com.
Kazakhstan, one of the world’s largest Bitcoin mining hubs, is moving to expand its crypto sector as a new decree introduces rules for stablecoin payments, tax breaks for regulated crypto activity and new energy options for mining. Kazakhstan President Kassym-Jomart Tokayev has signed a decree aimed at building a regulated digital asset market, the Ministry of Artificial Intelligence and Digital Development (MAIDD) announced on Wednesday. Developed jointly by MAIDD, the central bank and the Astana International Financial Centre, the order is viewed as a tool to increase regulatory clarity for crypto businesses, investors and digital asset service providers. The move signals Kazakhstan’s latest effort to expand its role in the crypto industry and establish itself as a major global crypto hub. Stablecoins enter Kazakhstan’s cross-border trade plans In one of its key directions, the decre
BlackRock's Bitcoin purchase may signal renewed institutional confidence, potentially influencing market sentiment and future price trends.
The post BlackRock buys $250M Bitcoin after two weeks of selling appeared first on Crypto Briefing.
Bitcoin remains in deep value after five months below key investor cost bases. Long-term holder capitulation is accelerating while ETF flows stay negative. Derivatives have de-risked but the options surface retains a defensive tilt. The bottoming process is advancing, but not yet complete.
The post Elon Musk’s SpaceX wallet stirs Bitcoin fears as SPCX sinks 25% appeared on BitcoinEthereumNews.com.
SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. Summary SpaceX moved Bitcoin for the first time in six months, though the transfer was worth only $88. SPCX shares have fallen more than 25% despite the company’s fast-tracked Nasdaq-100 inclusion. JPMorgan estimates the index addition could drive about $4.3 billion in passive fund buying. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX moved just $88 worth of Bitcoin on July 8, ending a six-month period without on-chain activity. Although the transfer was tiny, it quickly fueled speculation across crypto markets because the company’s wallets have historically remained inactive for long periods. SPACEX JUST MOVED BITCOIN A tagged SpaceX address just moved Bitcoin for the first time
SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX…
The post Crowd Sentiment Flips Bullish As Bitcoin Reclaims $64K—and That’s Usually A Warning appeared on BitcoinEthereumNews.com.
Retail traders have changed their minds four times in a single month, and the latest swing is raising eyebrows. Bitcoin’s bounce from $58.1K to the $64.1K area has flipped the crowd’s mood to “higher” again, according to the Santiment update. The speed of the reversal is the story, not the price level itself. In early June participants were calling for lower prices. Mid-June flipped to bullish. Late June turned fearful after the dip. Now they are back to expecting upside. Chart watchers will note that every time the crowd got loud about direction this month, the market did something else. That is the mechanic Santiment is pointing toward—a counter-signal tendency where strongly unanimous social expectations tend to precede reversals or stalls. It does not promise a top, but it does suggest the herd is arriving late to the move. Why the “Lower vs. Higher” Cha
The post Bitcoin Falters After Donald Trump Declares Iran Ceasefire Over, Oil Price Spikes appeared on BitcoinEthereumNews.com.
Key highlights: Bitcoin threatens to slip below $60K as crypto prices slide downward The US and Iran have broken their truce, sending oil prices on a rally All eyes are on the minutes of the FOMC meeting, scheduled for release later today Renewed hostilities between the United States and Iran have sent Bitcoin and the rest of the cryptocurrency market tumbling. US President Donald Trump stoked further pessimism after declaring that the fragile ceasefire between the two warring nations “is over.” Bitcoin price threatens to slip below $60K According to crypto price aggregators, BTC has flashed signs of an extended decline, falling by nearly 2% in the last hour. The leading cryptocurrency, currently trading at just over the $60K mark, is leading a broader sector decline. ETH, the largest altcoin by market capitalization, slid by 2% in the same window to trade a
