Bitcoin under pressure as US-Iran tensions drive oil prices up 13%

Matthew Sigel says Strategy’s $135M Bitcoin sale did not reduce its $1.25B BTC monetization plan, leaving capacity open, per 8-K filing.

The post LDO up +16.63%, BTC -0.78%, Lido DAO Token is The Coin of The Day – Daily Market Update for Jul 08, 2026 | CoinCodex appeared on BitcoinEthereumNews.com. Key highlights: The total cryptocurrency market cap increased from $ 2.18T to $ 2.18T in the past 24 hours, representing a 0.16% change The Bitcoin price at press time is $ 62,637 after falling by -0.78% in the last 24 hours The total crypto trading volume increased by 110.86% in the past 24 hours, and is currently at $ 581.39B All prices and changes are presented at the time of publication: July 8, 2026, at 06:00 UTC Market Overview The total cryptocurrency market cap is currently $ 2.18T after a 0.16% increase on the day. The total crypto trading volume increased by 110.86% in the same time frame. Bitcoin is trading at $ 62,637 after seeing a -0.78% loss in the last 24 hours. The Bitcoin dominance fell by -0.56% and BTC currently represents 57.65% of the cryptocurrency market. Top Coins By Market Cap At press time, Bitcoin

The post Iran-Israel Strikes Push Bitcoin Down 1% to $62,657 appeared on BitcoinEthereumNews.com. IRAN-ISRAEL News Bitcoin (BTC) slipped to $62,657 in Asian trading hours on Tuesday, down nearly 1% since midnight UTC, after the United States and Iran exchanged fresh aerial strikes and drove the dollar higher. The renewed Iran-Israel-linked conflict, which has repeatedly rattled risk markets this year, sent traders reaching for safety again. Major altcoins followed the leader lower: Ether (ETH), XRP (XRP) and Solana (SOL) each fell between 1% and 2.3% over the same window. Our reading of the tape shows the selling was orderly rather than a panic flush, but the geopolitical bid for the dollar kept a firm lid on every major token through the session. The commodity side amplified the pressure. WTI crude futures jumped more than 2% to $72.27 a barrel as the strikes reignited fears over supply through one of the world’s most sensitive energy corridors. The Dollar Index held steady above 101.

The proposal highlights the tension between maintaining Bitcoin's fixed supply cap and ensuring long-term network security through miner incentives. The post StarkWare CEO proposes 4% annual Bitcoin inflation to replace 21M cap appeared first on Crypto Briefing.

The post StarkWare CEO Proposed 4% Bitcoin Inflation Model appeared on BitcoinEthereumNews.com. The debate over whether Bitcoin’s fixed supply cap should be lifted has resurfaced after StarkWare CEO Eli Ben-Sasson suggested Tuesday that it should replaced with a 4% annual issuance rate. In a post to X on Tuesday, Ben-Sasson said the current 21 million cap “doesn’t make sense” because private keys are lost over time and “as time goes to infinity, all keys will be lost.” Crypto wallet hardware provider Ledger estimated in November that up to 4 million Bitcoin had been burned or permanently lost. Ben-Sasson said he still supports a hard upper bound on Bitcoin’s supply, and that a 4% annual inflation rate roughly tracks the growth of the human population. Bitcoin’s fixed cap has long been one of its core selling points, underpinning the “digital gold” narrative and drawing on Austrian economics, where a fixed money supply protects against monetary debasement and, in theory, preserves purch

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 Strike Bitcoin loans remove margin calls appeared on BitcoinEthereumNews.com. Strike has launched a Bitcoin-backed loan product built to remove margin calls and price-based liquidations. Summary Strike says its new Bitcoin-backed loans remove price liquidations while keeping payment duties in place. Borrowers avoid margin calls, but missed payments can still lead Strike to sell collateral. The product targets Bitcoin holders who need cash but do not want forced selling. Jack Mallers, Strike’s founder and chief executive, said the new product protects borrowers from forced selling when Bitcoin falls. He described the offer as a “volatility-proof” loan that lets users borrow dollars while keeping their BTC posted as collateral. Introducing volatility-proof loans by @Strike: bitcoin-backed loans the price can never liquidate. No margin calls. No price liquidations. No matter how far bitcoin falls, your bitcoin doesn’t move. Volatility is inevitable. Liquidation isn’t. Borrow doll

Strike launches Bitcoin-backed loans with no margin calls, but borrowers face up to 14.2% APR and payment-based liquidation risk.