Institutional interest and regulatory clarity could stabilize Bitcoin's price, potentially leading to significant long-term growth opportunities.
The post Bitwise says bitcoin’s floor is rising despite market challenges appeared first on Crypto Briefing.
The post Trump Says U.S., Iran to Continue Talks Despite Ceasefire Ending, Bitcoin Extends Gains appeared on BitcoinEthereumNews.com.
U.S. President Donald Trump has revealed that U.S.-Iran talks will continue after a request from Iran. Bitcoin extended its gains amid this development, breaking above the psychological $64,000 level. Trump Gives Update On U.S.-Iran Talks, Bitcoin Extends Gains In a Truth Social post, the president said that Iran has asked the U.S. to continue talks and that they have agreed to do so. However, he added that the U.S. has said to Iran that the ceasefire is over even as talks continue. This follows an earlier report of President Trump’s statement that Iran wants to make a deal “so badly.” Bitcoin has extended its gains amid the president’s latest statement about U.S.-Iran talks set to continue. The leading crypto is currently trading at around $64,100, up almost 2% from an intraday low of around $62,000, according to TradingView data. BTC notably dropped be
The post Bitcoin Treasury Firm Empery Digital Dumps Nearly Half of BTC Holdings for $87 Million appeared on BitcoinEthereumNews.com.
In brief Since May 7, Empery Digital sold 1,400 Bitcoin for about $87.1 million, slashing its BTC treasury by nearly half. The firm repaid $10 million in debt, funded a pending property acquisition, and covered legal costs from ongoing stockholder litigation. As of July 10, the company holds 1,514 BTC and roughly $73.9 million in cash. Publicly traded Empery Digital Inc. has sold nearly half its Bitcoin treasury since early May, using the proceeds to pay down debt, prepare for an AI-related real estate acquisition, and cover mounting legal bills tied to a shareholder lawsuit, according to an SEC filing this week. The company disclosed it sold 1,400 BTC since May 7 at an average price of about $62,200 per coin, generating roughly $87.1 million in gross proceeds. Of that total, $10 million went toward retiring outstanding debt on July 7. The remainder is ea
The post Following Nakamoto: Another Treasury Firm Drops $87 Million in Bitcoin for AI Pivot appeared on BitcoinEthereumNews.com.
Public companies continue to rethink the strategy of permanent cryptocurrency accumulation in favor of real-world infrastructure. The latest case is Bitcoin treasury firm Empery Digital, which recorded millions of dollars in profit by repeating a recent move made by its competitor, Nakamoto. According to SEC filings, since May 7, Empery Digital has sold 1,400 BTC at an average price of around $62,200, bringing the company $87.1 million in cash. Visual representation of the Bitcoin supply, showing the distribution among all entities, Source: BitcoinTreasuriesNET As a result, the company now ranks 36th in the global Bitcoin treasury ranking compiled by BitcoinTreasuries.NET, as it still holds 1,514 BTC, along with $73.9 million in cash against $45 million in total debt. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solan
The post Cango Announces New Share Consolidation Structure appeared on BitcoinEthereumNews.com.
Cango Inc.’s new share consolidation ratio of 10:1 will take effect from July 20, 2026. The company decided on the new share structure in a meeting held on June 24, 2026. Cango’s latest share consolidation aims to address an ongoing regulatory challenge. Global Bitcoin mining and energy infrastructure company, Cango Inc., has announced that, pursuant to the authorization granted by the Company’s shareholders at the extraordinary general meeting held on June 24, 2026, its board of directors has determined the effective date and share consolidation ratio for its previously approved share consolidation. This Friday’s announcement noted the company’s plan to effect the consolidation of authorized, issued, and outstanding Class A ordinary shares and Class B ordinary shares on a 10:1 ratio. This structure implies that every ten shares will be consolidated into one share of the same class. Accordin
The post Why This Nasdaq Bitcoin Company Just Sold $87 Million Worth of BTC appeared on BitcoinEthereumNews.com.
The post Why This Nasdaq Bitcoin Company Just Sold $87 Million Worth of BTC appeared first on Coinpedia Fintech News Nasdaq-listed company Empery Digital has sold a large chunk of its Bitcoin holdings to raise cash, according to a filing with the US Securities and Exchange Commission. At the time of writing, Bitcoin price is up by more than 2.20% and is trading slightly below the $64,000 mark. What happened Empery Digital sold 1,400 Bitcoin … Source: https://coinpedia.org/news/why-this-nasdaq-bitcoin-company-just-sold-87-million-worth-of-btc/
The post Bitcoin’s $10 billion credit market keeps growing after its first major selloff appeared on BitcoinEthereumNews.com.
Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin calls and drove its leading preferred shares far below par. A new report from BitcoinTreasuries.net described the downturn as the sector’s first meaningful stress test, offering an early measure of whether companies can reliably build financing structures around their cryptocurrency reserves. The selloff showed how quickly supposedly stable products can buckle when too much leverage piles in. Yet the market emerged bruised but operational. Dividend payments continued, secondary-market volumes reached record levels, and corporate treasuries kept adding Bitcoin to their balance sheets. That resilience has drawn praise from industry proponents and sustained interest from prospective issuers, which are advancing plans for new yield-paying pr
The post Bitcoin Pushes Above $64K as $96M in Bearish Bets Collapse and Momentum Rebuilds appeared on BitcoinEthereumNews.com.
Key Takeaways On July 10, bitcoin surged to $64,653, reversing losses from Middle East tensions. The sudden rally forced a massive $170 million in short liquidations across the crypto market. Bitunix Analyst warns bitcoin’s macro trend relies on holding the critical $64,000 level. Bitcoin Erases Geopolitical Losses On Friday, bitcoin breached $64,000, entirely erasing the mid-week losses triggered by sudden geopolitical escalations in the Middle East. After trading just under $62,800 on Thursday afternoon, the cryptocurrency climbed steadily to hit an intraday peak of $64,653 just after 9:50 a.m. EST. Although it dipped slightly below the $64,000 mark at the time of writing (12:35 a.m. EST), bitcoin still secured a 2% gain on July 10, pushing its market capitalization back above $1.28 trillion. This rally lifted the broader crypto market cap to $2.28 trillion—a
